20260612_BYAN_Ringkasan Risalah//Risalah RUPS_32100667_lamp2.pdf

b.

Cc.

Members of the Board of Commissioners and Board of Directors of the
Company who attend physically were as follows:

» Board of Commissioners:
- Independent President Commissioner : HENDARMAN, S.H.

- Commissioner : LIFRANSYAH GUMAY, S.E., Ak.
M.M,

- Commissioner : MOERMAHADI SOERJA
DJANEGARA,

- Independent Commissioner : BUDIMAN,

- Independent Commissioner : TIMUR PRADOPO:

» Board of Directors:
- President Director : Dato' Dr. LOW TUCK KWONG,

- Director 1 LIM CHAI HOCK:

- Director : JENNY GUANTERO:

- Director 1 ALASTAIR GORDON CHRISTOPHER MCLEOD,
- Director 1 ALEXANDER ERY WIBOWO, S.H., LL.M.:

- Director : ULINA FITRIANI.

- Director 1 MERLIN:

- Director 1 SIYOUNG PARK,

Member of the Board of Directors of the Company who attend online was as
follows:
- Director : LOW YI NGO,

Notification, Announcement, and Invitation to the Meeting had been done in
accordance with the provisions of Article 10 paragraph 2, Article 10 paragraph 4, and
Article 10 paragraph 7 of the Articles of Association of the Company, as well as the
prevailing laws and regulations as follows:

1.

Notification of the Meeting Plan and the agenda to the Financial Services
Authority (OJK) based on the Letter of the Company Number
161/BR-OJK/IV/2026 dated 23 April 2026 regarding Notification of the Annual
General Meeting of Shareholders Plan of PT BAYAN RESOURCES Tbk
(“Notification”),

Announcement to the shareholders regarding the Meeting based on the Letter of
the Company Number 179/BR-OJK/V/2026 dated 4 May 2026, which was
announced on the website of PT Bursa Efek Indonesia (“Bursa Efek Indonesia”),
e-ASY KSEI, and the website of the Company on 4 May 2026 (“Announcement”),

Invitation to the shareholders for the Meeting based on the Letter of the Company
Number 199/BR-OJK/V/2026 dated 19 May 2026, which was announced on the
website of Bursa Efek Indonesia, e-ASY KSEI, and the website of the Company
on 19 May 2026 (“Invitation”).

In the Meeting, the shareholders and/or the proxies were provided with the
opportunity to submit guestions related to the Meeting agenda.

There were no guestions on each of the Meeting agenda.

The mechanism of passing resolutions related to the Meeting Agenda is done with
deliberation to reach consensus. In the event that the deliberation to reach a
consensus is not reached, then the resolutions are decided by voting under the
following provisions:

For the First Meeting Agenda until the Fifth Meeting Agenda, in accordance with
Article 11 paragraph 1a of the Company's Articles of Association, the resolutions
are valid if they are approved by more than 1/2 (one-half) of the total number of
shares with valid voting rights that are present in the Meeting.

For the Sixth Meeting Agenda, in accordance with Article 12 paragraph 1 of the
Company's Articles of Association, the resolutions are valid if they are approved
by more than 2/3 (two-thirds) of the total number of shares with valid voting rights
that are present in the Meeting.

Abstain vote is considered to have cast the same vote as the majority vote of the
Shareholders who cast votes.

In the Meeting, the resolutions passed were as follows:

In the First agenda:

a. A total of 4,600 (four thousand six hundred) shares or representing
0.00001389Y4 (zero point zero zero zero zero one three eight nine percent)
were stated as abstain:

b. There were no disagree votes,

C. A total of 33,110,033,580 (thirty-three billion one hundred ten million thirty-
three thousand five hundred eighty) shares or representing 99.999986114
(ninety-nine point nine nine nine nine eight six one one percent) agreed:

As the abstain vote is considered to have cast the same vote as the majority vote
of the shareholders who cast votes, a total of 33,110,038,180 (thirty-three billion
one hundred ten million thirty-eight thousand one hundred eighty) shares or
representing 10096 (one hundred percent) of the total shares legally issued in the
Meeting passed the following resolutions:

1. Approving the Annual Report of the Company, including the Report of
Supervisory Duties of the Board of Commissioners for the financial year
ended 31 December 2025.

43

Ratifying the Consolidated Financial Statements of the Company for the
financial year ended 31 December 2025 that were audited by the Public
Accounting Firm of Rintis, Jumadi, Rianto & Rekan as stated in the Report on
27 February 2026.

Provide full release and discharge (acguit et decharge) to members of the
Board of Commissioners from the responsibility for supervisory actions and
members of the Board of Directors from the responsibility for the actions of
the Company's management, provided that these actions were reflected in
the Company's Annual Report and Financial Statements for the financial year
ended 31 December 2025 and did not conflict with the prevailing laws and
regulations.

Approving the grant of power to the Board of Directors of the Company to
state the resolutions of the First Meeting agenda in a deed of meeting
resolutions statement before a notary, where the approval for the Annual
Report is submitted to the Minister of Law of the Republic of Indonesia to
obtain a receipt of Company data notification.

In the Second agenda:

a. A total of 4,600 (four thousand six hundred) shares or representing

0.00001389Y6 (zero point zero zero zero zero one three eight nine percent)
were stated as abstain:

. There were no disagree votes:

A total of 33,110,033,580 (thirty-three billion one hundred ten million thirty-
three thousand five hundred eighty) shares or representing 99.99998611Y5
(ninety-nine point nine nine nine nine eight six one one percent) agreed,

As the abstain vote is considered to have cast ihe same vote as the majority vote
of the shareholders who cast votes, a total of 33,110,038,180 (thirty-three billion
one hundred ten million thirty-eight thousand one hundred eighty) shares or
representing 1004 (one hundred percent) of the total shares legally issued in the
Meeting passed the following resolutions:

1.

Approving the determination of the use of net profit for the year attributable to
owners of the parent entity for the financial year of 2025 amounting to
US$767,915,514 (seven hundred sixty-seven million nine hundred fifteen
thousand five hundred fourteen United States dollars) as follows:

a. A total of US$500,000,025 (five hundred million twenty five United States
dollars) or the eguivalent of US$0.015 (zero point zero one five United
States dollars) per share for the payment of cash dividend in the financial
year of 2025 will be paid to the shareholders whose names are listed in

4

the Register of Sharehcolders of the Company on the date that will be
determined by the Company's Board of Directors.

b. The remaining US$267,915,489 (two hundred sixty-seven million nine
hundred fifteen thousand four hundred eighty-nine) will be included as
retained earnings.

2. Granting full authority and power to the Board of Directors of the Company
with substitution rights to take all necessary actions related to the payment of
the cash dividend, including:

a. To determine a list of shareholders entitled to final cash dividends,

b. To determine the schedule and procedures for the payment of cash
dividends provided that the schedule and procedures for the cash
dividend payment will be annocunced in PT BURSA EFEK INDONESIA's
website, eASY.KSEI system, and the Company's website with due
observance of the prevailing laws and regulations,

Cc. Take all necessary actions related to the implementation of the
distribution of cash dividends by referring to the prevailing laws and
regulations.

IN. In the Third agenda:

a. A total of 2,400 (two thousand four hundred) shares or representing
0,00000725”4 (zero point zero zero zero zero zero seven two five percent)
were Stated as abstain,

b. A total of 2,200 (two thousand two hundred) shares or representing
0.00000664Y (zero point zero zero zero zero zero six six four percent)
disagreed:

C. A total of 33,110,033,580 (thirty-three billion one hundred ten million thirty-
three thousand five hundred eighty) shares or representing 99.999986114
(ninety-nine point nine nine nine nine eight six one one percent) agreed:

As the abstain vote is considered to have cast the same vote as the majority vote
of the shareholders who cast votes, a total of 33,110,035,980 (thirty-three billion
one hundred ten million thirty-five thousand nine hundred eighty) shares or
representing 99,99999336Y4 (ninety-nine point nine nine nine nine nine three
three six percent) of the total shares legally issued in the Meeting passed the
following resolutions:

1. Approving the determination of the total remuneration of the Board of
Commissioners and Board of Directors of the Company for the Financial Year

5

of 2026 of a maximum of US$100,000,000 (one hundred million United States
dollars),

2. Delegating the authority to the Board of Commissioners with reference to the
prevailing regulations in the Republic of Indonesia to determine the amount of
remuneration for each member of the Board of Commissicners and Board of
Directors of the Company for the financial year of 2026.

IV. In the Fourth Agenda:

V.

a. A total of 4,600 (four thousand six hundred) shares or representing
0.00001389Y4 (zero point zero zero zero zero one three eight nine percent)
were stated as abstain:

b. There were no disagree votes:

C. A total of 33,110,033,580 (thirty-three billion one hundred ten million thirty-
three thousand five hundred eighty) shares or representing 99.999986114
(ninety-nine point nine nine nine nine eight six one one percent) agreed:

As the abstain vote is considered to have cast the same vote as the majority vote
of the shareholders who cast votes, a total of 33,110,038,180 (thirty-three billion
one hundred ten million thirty-eight thousand one hundred eighty) shares or
representing 10096 (one hundred percent) of the total shares legally issued in the
Meeting passed the following resolutions:

Granting authority to the Board of Commissioners of the Company to appoint
and/or terminate the Public Accounting Firm and Public Accountant who will
audit the financial statements of the Company for the financial year ended 31
December 2026, including determining the honorarium and other
reguirements provided that the Public Accounting Firm and Public Accountant
appointed is a Public Accounting Firm and Public Accountant who are
registered with the Financial Services Authority and has good reputation, as
well as does not have any conflict of interest with the Company.

In the Fifth agenda:

a. A total of 4,600 (four thousand six hundred) shares or representing
0.00001389Y4 (zero point zero zero zero zero one three eight nine percent)
were stated as abstain,

b. A total of 40,040 (forty thousand forty) shares or representing 0.0001209344
(zero point zero zero zero one two zero nine three percent) disagreed,

C. A total of 33,109,993,540 (thirty-three billion one hundred nine million nine
hundred ninety-three thousand five hundred forty) shares or representing

6

99.99986518Y4 (ninety-nine point nine nine nine eight six five one eight
percent):

As the abstain vote is considered to have cast the same vote as the majority vote
of the shareholders who cast votes, a total of 33,109,998,140 (thirty-three billion
one hundred nine million nine hundred ninety-eight thousand one hundred forty)
shares or representing 99,99987907”5 (ninety-nine point nine nine nine eight
seven nine zero seven percent) of the total shares legally issued in the Meeting
passed the following resolutions:

1. Approving the appointment of members of the Board of Directors as follows: .
-President Director : LOW TUCK KWONG (Dato' Dr. LOW TUCK KWONG)

-Director : JENNY @GUANTERO:

-Director 1 LIM CHAI HOCK,

-Director : LOW YI NGO,

-Director : ALASTAIR GORDON CHRISTOPHER MCLEOD:
-Director : ALEXANDER ERY WIBOWO, S.H., LL.M.:
-Director ! ULINA FITRIANI,

-Director : SIYOUNG PARK,

Which effective since the closing of the Meeting until the closing of the Annual
General Meeting of Shareholders (“GMS”) of the Company held in 2029,
without reducing the right of tne GMS to dismiss at any time.

2. Granting authority and power to the Board of Directors of the Company with
substitution rights, to take all necessary actions related to the implementation
of the resolution of the Fifth Meeting agenda, including to restate the
resolutions of the Fifth Meeting agenda before a notary and the authorized
institutions, to prepare and sign the documents needed and to submit
application and/or notification to the Ministry of Law of the Republic of
Indonesia, as well as to register it in the Company Register at the Company
Registration Office in accordance with the prevailing laws and regulations.

VI. In the Sixth agenda:

a. A total of 2,400 (two thousand four hundred) shares or representing
0,00000725”5 (zero point zero zero zero zero zero seven two five percent)
were stated as abstain:

b. A total of 40,040 (forty thousand forty) shares or representing 0.00012093Y
(zero point zero zero zero one two zero nine three percent) disagreed:

C. A total of 33,109,995,740 (thirty-three billion one hundred nine million nine
hundred ninety-five thousand seven hundred forty) shares or representing
99.99987182Y6 (ninety-nine point nine nine nine eight seven one eight two
percent),

As the abstain vote is considered to have cast the same vote as the majority vote
of the shareholders who cast votes, a total of 33,109,998,140 (thirty-three billion
one hundred nine million nine hundred ninety-eight thousand one hundred forty)
shares or representing 99,9998790744 (ninety-nine point nine nine nine cight
seven nine zero seven percent) of the total shares legally issued in the Meeting
passed the following resolutions:

1.

Approving the Amendment to Article 3 of the Articles of Association regarding
Purpose and Objective and Business Activities of the Company, in relation to
the reguirements to adjust the purpose and objective and the business
activities in accordance with the 2025 Indonesian Standard Industrial
Classification.

Granting authority and power to the Board of Directors of the Company with
substitution rights to restate the resoiutions of the Sixth Meeting Agenda
before a notary, including to make changes and/or additions related to the
amendment of Article 3 of the Articles of Association of the Company,
submitting application for approval and notification to the authorized
institutions, and therefore, having the rights to sign the letters and documents
as well as to take all necessary actions in accordance with the provisions of
the Company's Articles of Association and the prevailing laws and
regulations.

Jakarta, 12 June 2026

PT Bayan Resources Tbk
Board of Directors A