20241224_TOBA_Ringkasan Risalah//Risalah RUPS_31830967_lamp3.pdf

D. Quorum of Shareholders in the Meeting
   1. The provisions of the quorum as required in Article 14 paragraph (3) and (4) of the Company’s Articles of Association, that the Meeting can be held
      if it is attended and/or represented by the shareholders or their legitimate proxies which representing more than 1/2 of total shares with valid votes
      which has been issued by the Company;
   2. The Meeting was attended by the shareholders and/or the legal proxies of the Company's shareholders in total 6,834,242,495 (six billion eight
      hundred thirty-four million two hundred forty-two thousand four hundred ninety-five) shares or 83.673% (eighty-three point six seven three percent)
      of 8,167,826,970 (eight billion one hundred sixty seven million eight hundred twenty six thousand nine hundred seventy) shares, issued and fully
      paid in the Company.

E. Question & Answer Session in the Meeting
   The shareholders of the Company are given the opportunity to ask questions, the Chairman of the Meeting provides the opportunity for the shareholders
   or the proxies of the Company's shareholders to ask questions and/or provide opinions regarding the agenda of the Meeting being discussed. During
   the question-and-answer opportunity, there were no shareholders present physically or electronically at the Meeting asking questions and/or opinions.

F. Mechanism of Resolutions in the Meeting
   The Company’s shareholders can provide power of attorney electronically to attend and raise votes in the Meeting through KSEI’s Electronic General
   Meeting System or eASY.KSEI at https://akses.ksei.co.id provided by PT Kustodian Sentral Efek Indonesia (“KSEI”). The shareholders or the proxy of
   the shareholder who physically attended the Meeting may submit votes by filling out the voting cards provided.

    The resolutions were made under deliberation for consensus mechanism, however, in the case that any of the shareholder or shareholders’ proxies
    disagreed or abstained, the resolutions would be made by voting through the collection of voting cards.

G. Voting Results in the Meeting
   The Company appointed Notary Aulia Taufani, S.H., and the Company’s share registrar, PT Datindo Entrycom, as independent parties to count and/or
   validate the votes at the Meeting. The voting results at each Meeting are as follows:


                Agenda                              Agreed                                Abstained                           Disagreed
        Approval in relation to the 6,069,085,551 shares or 88.804% of 62,519.,300 share or 0.915% of the 702,637,644 shares or 10.281% of
          Company’s intention to    the total votes attend at the Meeting. total votes attend at the Meeting.     the total votes attend at the
      conduct Material Transaction                                                                                Meeting.
      in accordance with Financial
     Services Authority Regulation In accordance with the provisions of Article 14 paragraph (16) of the Company's Articles of Association, the
        Number 17/POJK.04/2020      abstaining votes shall be deemed to cast the same as the majority vote of shareholders who cast votes. Therefore,
     regarding Material Transaction the total number of votes in favor amounts to 6,131,604,851 shares or representing 89.719% of the total valid
         and Change of Business     shares present in the Meeting, which has resolved to approve the proposed resolutions of the Meeting Agenda.
               Activities.


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H. Meeting Resolutions
   The resolutions made of the Meeting are as follows:


                Agenda                                                                 Meeting Resolutions
        Approval in relation to the 1.     Approve the plan for the Material Transaction based on OJK Regulation Number 17/POJK.04/2020
          Company’s intention to           concerning Material Transactions and Changes in Business Activities, in connection with the purchase by
      conduct Material Transaction         SBT Investment 2 (the Company’s subsidiary) of 266,563,184 ordinary shares of Sembcorp Industries Ltd,
      in accordance with Financial         representing 100 percent of the shares issued by Sembcorp Environment Pte. Ltd, including the provision of
     Services Authority Regulation         a guarantee by the Company to Sembcorp Industries Ltd for the fulfillment of obligations under the share
        Number 17/POJK.04/2020             purchase agreement (hereinafter referred to as the “Company's Material Transaction”).
     regarding Material Transaction 2.     To grant approval and authority to the Board of Directors of the Company, either individually or collectively,
         and Change of Business            with the right of substitution, in accordance with the Company’s articles of association, to draft, execute, sign,
               Activities.                 and/or deliver as well as implement any agreements and necessary actions related to all documents to be
                                           signed and/or delivered under or in connection with such agreements, including all amendments and
                                           additions thereto, under terms and conditions deemed appropriate by the Company’s Board of Directors and
                                           to perform any necessary actions as deemed appropriate by the Company’s Board of Directors in relation to
                                           the decisions concerning the implementation of the Company’s Material Transaction, without exception, while
                                           adhering the applicable laws and regulations in the Republic of Indonesia, including regulations in the Capital
                                           Market sector.

   The resolutions of the Meeting as mentioned above are stated in the Deed of Minutes of Meeting dated December 20, 2024 Number 30, made by Notary
   Aulia Taufani S.H. The copy of the deed is currently still in the process of being completed at the Notary's office. The announcement of the Summary of
   the Minutes of the Meeting is made in compliance with the provisions of Article 51 of POJK 15/2020 concerning the Plan and Implementation of the
   General Meeting of Shareholders of Public Company.

                                                              Jakarta, December 23, 2024
                                                             PT TBS ENERGI UTAMA Tbk
                                                               BOARD OF DIRECTORS




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