20250113_SMAR_Ringkasan Risalah//Risalah RUPS_31845261_lamp3.pdf

                                        ANNOUNCEMENT
                                    TO THE SHAREHOLDERS
        THE SUMMARY OF MINUTES OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
                 PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk ("Company")

The Company’s Board of Directors hereby informs the shareholders that the Extraordinary General Meeting of Shareholders of
the Company had been convened on 10 January 2025 physically at Danamas Room, Sinar Mas Land Plaza Tower II, 39 th Floor,
Jalan MH. Thamrin No. 51, Central Jakarta 10350, and electronically through eASY.KSEI platform provided by PT Kustodian
Sentral Efek Indonesia (“KSEI”), hereinafter referred to as the “EGM”.

A. The EGM was commenced at 11.00 WIB (eleven of the Western Indonesian Time) until 11.10 WIB (ten past eleven of the
   Western Indonesian Time).

B. The EGM was attended by the Company’s legitimate shareholders and their proxies totaled 2,849,683,556 (two billion eight
   hundred forty nine million six hundred eighty three thousand five hundred fifty six) shares or representing 99.22% (ninety
   nine point twenty two percent) of the total issued shares of the Company with valid voting rights as per the EGM date
   amounting to 2,872,193,366 (two billion eight hundred seventy two million one hundred ninety three thousand three hundred
   and sixty six) shares.

C. The EGM was attended by the members of the Company’s Board of Commissioners and Board of Directors as follows:
   1. Rafael B. Concepcion, Jr. as the Vice President Commissioner;
   2. Prof. DR. Teddy Pawitra as the Independent Commissioner;
   3. Prof. DR. Susiyati B. Hirawan as the Independent Commissioner;
   4. Ardhayadi, S. E., M.A as the Independent Commissioner;
   5. Ir. Lukmono Sutarto as the Commissioner;
   6. Jimmy Pramono as the Vice President Director;
   7. DR. ING. Gianto Widjaja as the Vice President Director;
   8. D. Agus Purnomo as the Director; and
   9. Yovianes Mahar as the Director.

D. The agenda of the EGM is the approval on the change of membership composition of the Company’s Board of Directors.

E. Prior to resolving the decision, the Chairman of the EGM rendered opportunities to the Company’s shareholders and/or their
   proxies to raise queries and/or expressed their opinions on the EGM Agenda. There were no shareholders and/or their
   proxies present physically or electronically raising their queries and/or opinions relating to the EGM Agenda.

F. The Company has appointed an independent notary, Mrs. Sri Hidianingsih Adi Sugijanto, S.H., in calculating and/or
   validating the votes.

G. The resolution for the EGM Agenda was approved by deliberation and consensus.

H. The resolutions concluded at the EGM are as follows:
    1. Approved the appointment of Mrs. The Biao Leng as the Company’s President Director, to continue the remaining
        tenure of the late Mr. Irwan Tirtariyadi, which shall be effective since the closing of the EGM until the closing of 2025
        Annual General Meeting of Shareholders of the Company, thus the composition of the members of the Company’s
        Board of Directors will be as follow:
                 President Director       : The Biao Leng;
                 Vice President Director : Jimmy Pramono;
                 Vice President Director : DR. ING. Gianto Widjaja;
                 Director                 : Franciscus Costan;
                 Director                 : D. Agus Purnomo;
                 Director                 : Yovianes Mahar.
    2. Granting the authority and power of attorney with substitution right to the Company’s Board of Directors to conduct any
        actions in relation to the abovementioned appointment of the member of the Company’s Board of Directors, including
        but not limited to draw up and to cause drawn up and to sign any deed and/or document in regards with the appointment
        of the member of the Company’s Board of Directors and notify the changes of the Company’s data to the Minister of
        Law of the Republic of Indonesia and to perform all matters in accordance with the provisions applicable to the
        Company.

                                             Jakarta, 13 January 2025
                              PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk
                                               ( PT SMART Tbk )
                                                Board of Directors