20241128_MASA_Penyampaian Bukti Iklan_31792230_lamp3.pdf

                           POWER OF ATTORNEY FORM
     POWER OF ATTORNEY TO ATTEND SECOND EXTRAORDINARY GENERAL MEETING OF
  SHAREHOLDERS (“SECOND EGMS”) PT MULTISTRADA ARAH SARANA TBK (THE “COMPANY”)


The undersigned:

Name (1)                                     : _____________________
Identity Card No.                            : _____________________
Address                                      : _____________________

In this matter acting as owner / in his / her capacity as (2) _____________ (3) _________________ (4)
domiciled in _________________ (5) as the owner of ________________________ (6) Shares in the
Company (“Authorizer”); hereby authorizes (7):

Name                                         : _____________________
Identity Card No.                            : _____________________
Address                                      : _____________________

and / or
Name                                         : _____________________
Identity Card No.                            : _____________________
Address                                      : _____________________

and / or
Name                                         : _____________________
Identity Card No.                            : _____________________
Address                                      : _____________________

                                                                        Vote (8)
                        Resolution
                                                             Agree      Disagree        Abstain
 Agenda/Resolution of Second EGMS

 Approval of the plan to change the Company’s status from
 a public company to a private company (“Go Private
 Plan”), which includes:

 (a) ratification of the appointment of an Independent
     Appraiser For Go Private Plan and approval of the
     Share Valuation Report;

 (b) approval of the change in the Company's status from
     a public company to a private company;

 (c) approval of Delisting from IDX;

 (d) approval on the amendment of the entire Articles of
     Association in connection with the change of the
     Company's status from a public company to a private
     company; and

  (e) authorizing the Board of Directors to take all
       necessary actions to implement the Go Private Plan.
Tick (√ ) in the box provided to state your choice.

I / we declare that I / we am / are the Independent Shareholder(9) of the Company.(10) If it is later
proven that this statement is not true, then I / we may be subject to sanctions in accordance with
the prevailing laws and regulations.

I / we hereby declare that I / we have read the Disclosure of Information to Shareholders.

This Power of Attorney is granted subject to the following terms and conditions:

(a)     This Power of Attorney is a power of attorney that can always be used in connection with the
        Agenda of the Second EGMS, such that it will remain effective for the continuance of the
        Second EGMS with the same agenda unless it is canceled through a written notice to the
        Company by the Authorizer.

(b)     Each of the votes cast by the Proxy or its substitutes pursuant to the instructions (as evidenced
        by the mark (√) next to each item on the agenda) which are given by the Authorizer will be
        valid, binding and enforceable against the Authorizer, and this Power of Attorney cannot be
        revoked or canceled for any reason; and yet if the Authorizer does not provide instructions as
        set out above, then the Proxy is deemed to have been given the power and authority to not
        cast a vote (abstention) or approve or reject the decision or, at its discretion, with respect to
        any and all of the Second EGMS agenda, and the votes cast shall be valid, binding and
        enforceable against the Authorizer. This Power of Attorney is given with the rights of
        substitution or the right to transfer the authority granted under this Power of Attorney to a
        third party (including to sign the required statement letters), but the transfer will only be
        given as a whole, and not in part.

(c)     the Authorizer agrees to indemnify and protect the Proxy from all claims, liabilities, costs and
        expenses incurred due to any reason whatsoever, including negligence, whether lodged
        against or suffered by the Authorizer or any third party associated with and, whether directly
        or indirectly, arising from the implementation of the authority given through this Power of
        Attorney.

(d)     the Authorizer represents and warrants that the Power of Attorney is signed without any
        pressure and/or under duress from any parties.



This Power of Attorney is signed by the Authorizer on the date stated below.


Date __________________


[stamp duty Rp10.000]




______________________
Authorizer

Filling Instructions:

(1)    Fill in the name, identity card number and address of the party who signed the Power of
       Attorney, acting on its own behalf or on behalf of an institution or company.

(2)    For individual Shareholders, delete the phrase “acting in his / her capacity as” and ignore
       instructions No. (3), No. (4) and No. (5).

(3)    Specify the position of the signatory.

(4)    Specify the name of the company or institution that owns the Shares.

(5)    Indicate the domicile of the company or institution.

(6)    Indicate the total number of Shares owned by the Authorizer.

(7)    Indicate the name, identity card number and address of the Proxies, if there are other
       appointed Proxies.

(8)    Mark with (√) in the appropriate box to indicate the selected votes that are to be issued in the
       Second EGMS.

(9)    Based on the Financial Services Authority Regulation Number 15/POJK.04/2020 on the Plan
       and Implementation of the General Meeting of Shareholders of Public Companies,
       Independent Shareholders are Shareholders who do not have a personal economic interest
       in connection with a particular transaction and: (a) are not members of the board of directors,
       board of commissioners, major shareholders and controlling shareholders; or (b) are not
       Affiliates of the members of the board of directors, members of the board of commissioners,
       major shareholders, and controlling shareholders.

(10) Delete if this statement is not true. If this statement is deleted, the shareholder is not
     considered as independent shareholder.

Any Parties who are registered as the Shareholders who are entitled to attend and cast votes can
only cast the same vote for all Shares registered under his or her name.

Notes:

(i)    All Power of Attorney may be delivered through email: MASA.corpsec@michelin.com. The
       original of the Power of Attorney must have been received by the Board of Directors of the
       Company the latest by 3 (three) Business Days prior to the date of the Second EGMS, on
       Friday, 29 November 2024 at the office of the Company’s Share Registrar PT Raya Saham
       Registra, domiciled in Jakarta, and having its addressed at Gedung Plaza Sentral, Lt.2 Jl.
       Jend. Sudirman Kav. 47-48 Jakarta 12930.

(ii)   the Proxy who attends the Second EGMS is required to bring and show his/her ID Card or
       other proof of identity and submit a copy to the registration officer before entering the
       Second EGMS room.