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   DISCLOSURE OF INFORMATION TO SHAREHOLDERS OF PT GOLDEN EAGLE ENERGY TBK (“Company”)
IN CONNECTION WITH THE PLAN FOR CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS (“PMTHMETD”)


THIS DISCLOSURE OF INFORMATION IS PREPARED AND DIRECTED TO THE SHAREHOLDERS OF THE COMPANY
TO MAKE DECISIONS IN THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS ("EGMS") TO COMPLY
WITH THE PROVISIONS OF THE FINANCIAL SERVICES AUTHORITY REGULATION NO. 14/POJK.04/2019
REGARDING AMENDMENTS TO THE FINANCIAL SERVICES AUTHORITY REGULATION NO. 32/POJK.04/2015
CONCERNING CAPITAL INCREASE IN PUBLIC COMPANIES BY PROVIDING PRE-EMPTIVE RIGHTS (“POJK NO.
14/2019”).

INFORMATION CONTAINED IN THIS DISCLOSURE OF INFORMATION IS PRELIMINARY AND THE COMPANY WILL
ANNOUNCE CHANGES AND/OR ADDITIONS TO THE INFORMATION TO SHAREHOLDERS NO LATER THAN 2
(TWO) WORKING DAYS BEFORE THE DATE OF THE EGMS.




                                    PT GOLDEN EAGLE ENERGY Tbk
                                  Located in North Jakarta, Indonesia

                                       Main Business Activities:
                Engaged in trading, construction, industrial, and transportation services

                                             Head Office:
                                     The Suites Tower Floor 17
                          Jl. Boulevard Pantai Indah Kapuk No. 1 Kav OFS
                                   North Jakarta 14470, Indonesia
                                      Telp. (+62 21) 2251 1055
                                Website: https://www.go-eagle.co.id
                                     Email: corsec@go-eagle.co.id

IF YOU HAVE DIFFICULTY UNDERSTANDING THE INFORMATION CONTAINED IN THIS DISCLOSURE OF
INFORMATION OR ARE UNSURE IN MAKING A DECISION, YOU SHOULD CONSULT WITH A SECURITIES BROKER,
INVESTMENT MANAGER, LEGAL ADVISOR, PUBLIC ACCOUNTANT, OR OTHER PROFESSIONAL ADVISORS.


THE BOARD OF DIRECTORS OF THE COMPANY PROVIDES THIS INFORMATION TO OFFER A MORE COMPLETE
PICTURE TO SHAREHOLDERS REGARDING THE PMTHMETD TRANSACTION IN COMPLIANCE WITH POJK NO.
14/2019.




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THE BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS OF THE COMPANY, BOTH INDIVIDUALLY AND
COLLECTIVELY, ARE FULLY RESPONSIBLE FOR THE ACCURACY AND COMPLETENESS OF THE INFORMATION
DISCLOSED IN THIS DISCLOSURE OF INFORMATION. AFTER CONDUCTING THOROUGH RESEARCH, THEY
AFFIRM THAT THE INFORMATION CONTAINED HEREIN IS ACCURATE AND THAT NO SIGNIFICANT RELEVANT
MATERIAL FACTS HAVE BEEN OMITTED, MAKING THE INFORMATION MISLEADING OR INCORRECT.




              The Disclosure of Information was issued in Jakarta on 18 October 2024




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                                     DEFINITION

”Account Holder”              :   refers to any party whose name is recorded as the owner of a
                                  securities account at KSEI or at a Custodian Bank or Securities
                                  Company.

“BAE”                         :   refers to the party contracted by the Company and/or the
                                  securities issuer to maintain records of securities ownership
                                  and distribute rights related to the securities. In this case, PT
                                  Adimitra Jasa Korpora, located in North Jakarta.

“Calendar Days”               :   refers to every day in a year according to the Gregorian
                                  calendar, including Sundays and national holidays as
                                  determined by the Government of the Republic of Indonesia,
                                  as well as regular workdays that, due to specific
                                  circumstances, are declared non-working days by the
                                  Government of the Republic of Indonesia.

“Custodian Bank”              :   refers to the bank licensed as a custodian that provides
                                  safekeeping services for securities and other assets related to
                                  securities, including services such as receiving dividends,
                                  interest, and other rights, settling securities transactions, and
                                  representing account holders who are its customers.

“Disclosure of Information”   :   refers to this Disclosure of Information presented to the
                                  Company's shareholders in compliance with: (i) POJK No.
                                  14/2019; dan (ii) POJK No. 15/2020.
“GMS”                         :   refers to the General Meeting of Shareholders.
“Government”                  :   refers to any governmental institution, government body, or
                                  authority of the Republic of Indonesia.
“IDR” or “Rupiah”             :   refers to Indonesian Rupiah, the legal currency of the
                                  Republic of Indonesia.
“Indonesia Stock Exchange”    :   refers to the stock exchange as defined in Article 1, point 4 of
or “IDX”                          Law No. 8 of 1995 on Capital Markets, as partially amended
                                  by Law No. 4 of 2023 concerning Financial Sector
                                  Development and Strengthening. In this case, it is managed
                                  by PT Bursa Efek Indonesia, headquartered in Jakarta, where
                                  the Company's shares are listed.

“KSEI”                        :   refers to PT Kustodian Sentral Efek Indonesia, located in
                                  Jakarta, which serves as the Central Securities Depository and
                                  Clearing Institution in accordance with the Capital Market
                                  Law.

“MoLHR”                       :   refers to the Ministry of Law and Human Rights of the
                                  Republic of Indonesia.




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“New Shares”               :   refers to up to a maximum of 315,000,000 (three hundred
                               fifteen million) shares or up to a maximum of 10% (ten
                               percent) of the total issued and fully paid shares in the
                               Company, to be issued from the Company's portfolio with a
                               nominal value of IDR 125.00 (one hundred twenty five
                               Rupiah) per share.

“OJK”                      :   Refers to the Financial Services Authority of the Republic of
                               Indonesia, an independent state institution with regulatory,
                               supervisory, investigative, and law enforcement powers as
                               stipulated in Law No. 21 of 2011 on Financial Services
                               Authority, as amended by Law No. 4 of 2023 on Financial
                               Sector Development and Strengthening.

“POJK No. 15/2020”         :   refers to Financial Services Authority Regulation No.
                               15/POJK.04/2020 concerning Planning and Implementation of
                               General Meetings of Shareholders of Public Companies.

“POJK No. 42/2020”         :   refers to Financial Services Authority Regulation No.
                               42/POJK.04/2020 on Affiliated Transactions and Conflict of
                               Interest Transactions.

“Public”                   :   refers to individuals or legal entities, whether Indonesian
                               citizens or foreign nationals, Indonesian legal entities, or
                               foreign legal entities, whether residing or domiciled in
                               Indonesia or outside the jurisdiction of the Republic of
                               Indonesia.

“Regulation No. I-A”       :   refers to Indonesia Stock Exchange Regulation No. I-A on
                               Listing of Shares and Equity-type Securities Other than Shares
                               Issued by Listed Companies, an attachment to the Decision of
                               the Board of Directors of PT Bursa Efek Indonesia No. Kep-
                               00101/BEI/12-2021 dated December 21, 2021.

“Securities Account        :   refers to an account that records the positions of shares
                               and/or funds owned by Shareholders, administered at KSEI or
                               by the Account Holder, based on a securities account opening
                               agreement signed by the Shareholder and the securities
                               company and/or Custodian Bank.
“Shareholder”              :   refers to any party whose name is recorded in the
                               Shareholders Register issued by BAE, and as an owner of a
                               securities account at KSEI, including Custodian Banks and/or
                               Securities Companies and/or any other parties approved by
                               KSEI, in accordance with the laws and regulations in the
                               Capital Market sector and KSEI regulations.

“Shareholder List”         :   refers to the list issued by KSEI containing information about
                               share ownership by shareholders in the Collective Custody at
                               KSEI based on data provided by the Account Holder to KSEI.
“Shares”                   :   refers to all shares that have been issued and fully paid up in
                               the Company.

“Trading Days”         :       refers to the days on which securities trading transactions
                               occur on the Stock Exchange, i.e., Monday to Friday, except
                               for national holidays designated by the Government or other
                               days declared as holidays by the Stock Exchange.

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“UUPM”           :       refers to Law No. 8 of 1995 on Capital Markets, as partially
                         amended by Law No. 4 of 2023 on Financial Sector
                         Development and Strengthening.
“UUPT”               :   refers to Law No. 40 of 2007 on Limited Liability Companies,
                         as partially amended by Government Regulation in Lieu of
                         Law No. 2 of 2022 on Job Creation, which was ratified into law
                         under Law No. 6 of 2023 concerning the Ratification of the
                         Government Regulation in Lieu of Law No. 2 of 2022 on Job
                         Creation into Law.
“UU PPSK”        :       refers to Law No. 4 of 2023 concerning Financial Sector
                         Development and Strengthening.

“Working Days”   :       refers to Monday through Friday, excluding national holidays
                         designated by the Government or regular workdays declared
                         holidays by the Government.




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                                          GENERAL INFORMATION

The Company was established under the name PT The Green Pub based on the Deed of Establishment No. 46
dated March 14, 1980, made before Soeleman Ardjasasmita, S.H., a Notary in Jakarta. This deed was approved
by the Minister of Justice of the Republic of Indonesia under Decision No. Y.A.5/264/20 dated July 26, 1980,
and published in the State Gazette of the Republic of Indonesia No. 1169/1984, Supplement to State Gazette
No. 96 dated November 30, 1984.

Pursuant to Deed No. 42 dated May 10, 1996, regarding the Statement of Meeting Resolutions on
Amendments to the Articles of Association, made before Lieke K. Tukgali, S.H., a Notary in Jakarta, the name
of the Company was changed from PT The Green Pub to PT Setiamandiri Mitratama. This deed was approved
by the Minister of Justice of the Republic of Indonesia under Decision No. C2-9586.HT.01.04.TH.96 dated
October 17, 1996.

Pursuant to Deed No. 66 dated June 25, 2004, concerning the Statement of Meeting Resolutions on
Amendments to the Articles of Association, made before Fathiah Helmi, S.H., a Notary in Jakarta, the
Company's name was changed from PT Setiamandiri Mitratama to PT Eatertainment International. This deed
was approved by the Minister of Justice and Human Rights of the Republic of Indonesia under Decision No. C-
25160 HT.01.04.TH.2004 dated October 11, 2004.

The Company’s name was changed once again to PT Golden Eagle Energy Tbk by Deed No. 16 dated August 7,
2012, concerning the Statement of Meeting Resolutions on Amendments to the Articles of Association, made
before Fathiah Helmi, S.H., a Notary in Jakarta. This deed was approved by the Minister of Justice and Human
Rights of the Republic of Indonesia under Decision No. AHU-44804.AH.01.02 of 2012 dated August 15, 2012.

The latest amendment to the Company's Articles of Association is as stated in (i) Deed of Statement of Meeting
Resolutions on Amendments to the Articles of Association No. 20 dated August 3, 2022, made before Jose
Dima Satria, S.H., M.Kn., a Notary in Jakarta, which obtained approval from the Minister of Law and Human
Rights of the Republic of Indonesia under Decision No. AHU-AH.01.03-0282705 dated August 24, 2022 ("Deed
of UUPT Adjustment"); (ii) Deed No. 15 dated July 6, 2015, made before Jose Dima Satria, S.H., M.Kn., a Notary
in South Jakarta Administration City ("Deed of POJK 32 and 33 Adjustment 2014") with Letter of Notification
Receipt of Amendments to the Articles of Association from the MoLHR. AHU-AH.01.03-0949494 dated July 8,
2015; and (iii) Deed of Statement of Meeting Resolutions on Amendments to the Articles of Association No.
83 dated November 15, 2023, made before Jose Dima Satria, S.H., M.Kn., a Notary in Jakarta, with a
Notification Letter on Amendments to the Articles of Association from the MoLHR No. AHU-
0073057.AH.01.02.Tahun 2023 dated November 24, 2023 ("Deed of Change of Company Domicile and Latest
Change of Management").

The operational head office of the Company is currently located at The Suites Tower Floor 17 Jl. Boulevard
Pantai Indah Kapuk No. 1 Kav OFS, North Jakarta, 14470.

Business Activities of The Company

Pursuant to Article 3 of the Company's articles of association as reflected in the Company’s article of
association, the purpose and objectives of the Company's business activities are engaged in trading,
construction, industrial, and transportation services.

Capital Structure and Shareholder Composition of the Company

Based on the Shareholders Register of the Company, prepared by BAE, the shareholding structure of the
Company as of September 30, 2024, is as follows:




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                                                          Nominal Value of IDR 125.00
   No.               Shareholders      Number of Shares           per share
                                                           Total Nominal Value (IDR)      %
Authorised Capital                       3,600,000,000        450,000,000,000
Issued and Paid-up Capital:
    1    PT Geo Energy Investama         2,303,030,067           287,878,758,375         73.11
    2    PT Golden Prima Energy           724,500,000             90,562,500,000         23.00
    3    Public (ownership below 5%)      122,469,933             15,308,741,625          3.89
Total Issued and Paid-up Capital         3,150,000,000           393,750,000,000        100.00
Remaining Portfolio Shares                450,000,000             56,250,000,000

Management and Supervisory Structure of The Company

Based on the Deed of Change of Company Domicile and Latest Change of Management, the composition of the
Board of Commissioners and Board of Directors of the Company as of the date of this Disclosure of Information
is as follows:

Board of Commisioners
President Commisioner : Ng See Yong
Commisioner           : Yanto Melati
Independent           : Ong Beng Chye
Commisioner

Board of Directors
President Director        : Budi Susanto
Director                  : Yuliana
Director                  : Deni Kusmayadi

Summary of Financial Data

The key financial data summary below is compiled based on figures quoted from, and should be read with
reference to (i) the Consolidated Financial Statements of the Company and its Subsidiaries for the year ended
December 31, 2023, which have been audited according to the auditing standards set by the Indonesian
Institute of Public Accountants, by Public Accounting Firm Imelda & Rekan, signed by Kasman on February 26,
2024, with an Unmodified Opinion; and (ii) the Unaudited Interim Consolidated Financial Statements for the
six-month period ended June 30, 2024.

Select Items from the Consolidated Statement of Financial Position
                                                                                                    (in Rupiah)
            Description                         30 June 2024                       31 December 2023
 Total Assets                                1,143,975,209,610                     1,007,863,610,940
 Total Liabilities                             304,793,033,315                       208,339,830,993
 Total Equity                                  839,182,176,295                       799,523,779,947

Select Items from the Consolidated Statement of Profit or Loss and Other Comprehensive Income
                                                                                                   (in Rupiah)
             Description                        30 June 2024                        31 December 2023
 Revenue                                       244,685,937,119                      1,016,267,098,417
 Cost of revenue                              (227,851,534,012)                     (838,890,686,178)
 Gross Profit                                   16,834,403,107                        177,376,412,239
 Profit Before Tax                              32,087,748,945                        280,054,340,392
 Net Profit for the Period / Year               29,204,084,294                        255,974,588,686
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  Total Comprehensive Income for                  39,658,580,610                        247,180,101,814
  the Period / Year


                                  INFORMATION ABOUT THE PMTHMETD

Reasons and Purpose of PMTHMETD

The implementation of the PMTHMETD is intended to provide added value to all stakeholders of the Company,
including the public shareholders, and to support the Company's business activities and/or those of its
subsidiaries. The Company deems it necessary to strengthen its capital structure and enhance its financial
position..

In this regard, the Company plans to issue up to a maximum of 315,000,000 (three hundred fifteen million)
shares with a nominal value of IDR 125.00 (one hundred and twenty five rupiah) per share or up to a maximum
of 10% (ten percent) of the issued and paid-up capital as of the date of this Disclosure of Information, through
the PMTHMETD. The issuance will be conducted based on the approval of independent shareholders at the
EGMS. Through the PMTHMETD, the Company expects to obtain alternative funding sources to support the
business activities of the Company and/or its subsidiaries.


Amount and Price of New Share Issuance

In accordance with POJK No. 14/2019, Article 8A, the PMTHMETD may only be carried out by the Company
with the approval of shareholders through the EGMS, which will be conducted following the procedures
stipulated in POJK No. 15/2020.

The PMTHMETD must be completed within 2 (two) years from the date of the EGMS approval. Furthermore,
under Article 8C of POJK No. 14/2019, the Company may only increase its capital by a maximum of 10% of the
total issued and fully paid shares, as reflected in the Company's Articles of Association amendments that have
been notified to and accepted by MoLHR at the time of the EGMS announcement concerning PMTHMETD.

The Company intends to issue New Shares of the same class as the existing shares, thereby providing equal
rights in all respects, including but not limited to receiving dividends, voting in the GMS, and participating in
other corporate actions undertaken by the Company.

The issuance price of the New Shares will refer to the provisions of Regulation No. I-A, where the issuance
price must be at least 90% (ninety percent) of the average closing price of the Company's shares over 25
(twenty five) consecutive trading days in the Regular Market before the date of the application for the listing
of shares resulting from the PMTHMETD.

Intended Use of Fund from the PMTHMETD

Subject to the applicable laws and regulations, all funds received by the Company from the PMTHMETD, after
deducting related PMTHMETD expenses, will be used by the Company for the following:
a. Business development through investments that are expected to add future value to the Company; and
b. Working Capital and General Corporate Purposes.

The actual use of the funds may change depending on the Company's needs at the time of the PMTHMETD
implementation. Should there be any changes or adjustments to the use of funds, they will be made in
compliance with the applicable regulations.

Prospective PMTHMETD Investors

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Regarding the PMTHMETD, the New Shares will be issued to one or more investors who intend to acquire the
New Shares, but their identities have not been determined as of the date of this Disclosure of Information.
Therefore, they cannot be disclosed at this time. In accordance with POJK No. 14/2019, if the PMTHMETD
constitutes an affiliated transaction, the Company is exempt from complying with the affiliate transaction
rules under POJK No. 42/2020. Information about the prospective investors, including whether there is an
affiliation between the investors and the Company, will be disclosed to shareholders in accordance with Article
43A of POJK No. 14/2019. The Company will announce the implementation of the PMTHMETD no later than
5 (five) Working Days before the PMTHMETD execution.


Capital Structure and Shareholder Composition Before and After the Implementation of the PMTHMETD

Referring to the Company's Shareholder Register as of September 30, 2024, provided by PT Adimitra Jasa
Korpora as BAE, the following is the pro forma capital structure and composition of the Company's
shareholders before and after the implementation of the PMTHMETD:

                                          Before PMTHMETD                                After PMTHMETD
                                    Nominal Value IDR125.00 per share              Nominal Value IDR125.00 per share
        Description                               Total Nominal                                   Total Nominal
                              Total Sbares            Value           (%)   Total Shares              Value          (%)
                                                      (IDR)                                           (IDR)
 Authorized Capital            3,600,000,000      450,000,000,000             3,600,000,000        450,000,000,000
 Issued and Paid-up Capital
 PT Geo Energy Investama       2,303,030,067      287,878,758,375   73.11     2,303,030,067      287,878,758,375    66.47
 PT Golden Prima Energi          724,500,000       90,562,500,000   23.00       724,500,000       90,562,500,000    20.91
 Public (ownership below                                                                                             3.53
                                 122,469,933       15,308,741,625    3.89      122,469,933        15,308,741,625
 5%)
 PMTHMETD                           -                   -            -          315,000,000       39,375,000,000   9.09
 Total Issued and Paid-up      3,150,000,000      393,750,000,000 100.00      3,465,000,000      433,125,000,000 100.00
 Capital

 Remaining Shares in             450,000,000       56,250,000,000              135,000,000         16,875,000,000
 Portfolio

Schedule for the Implementation of the PMTHMETD

The PMTHMETD is planned to be completed and become effective before November 26, 2026, as permitted
under POJK No. 14/2019, and will be specifically approved by the Company's shareholders at the EGMS. The
Company will implement the PMTHMETD in accordance with its Articles of Association and applicable laws
and regulations, including POJK No. 14/2019 and Regulation No. I-A.

In compliance with Regulation No. I-A, the Company will apply for the listing of the additional shares to IDX
no later than 6 (six) Trading Days before the date of the listing of additional shares from the PMTHMETD.

In accordance with POJK No. 14/2019, the Company will make the following disclosures:
 a. No later than 5 (five) Working Days before the PMTHMETD execution, the Company will notify the OJK
     and publicly announce the PMTHMETD's execution;
 b. No later than 2 (two) Working Days after the PMTHMETD execution, the Company will notify the OJK
     and publicly announce results of the PMTHMETD, including information on the parties who subscribed,
     the number and price of shares issued, the intended use of funds, and other relevant information.


                                     MANAGEMENT ANALYSIS AND DISCUSSION

Analisis of the Impact of PMTHMETD on the Financial Condition and Shareholders of the Company
The financial projections before and after the implementation of the PMTHMETD are made based on several
assumptions, including:
 a. PMTHMETD has been approved by the Company’s Shareholders at the EGMS.
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 b. The Company will issue up to a maximum of 315,000,000 (three hundred fifteen million) new shares from
    its portfolio.
 c. Total Issued and Paid-up Capital of the Company before PMTHMETD is 3,150,000,000 (three billion one
    hundred fifty million) shares.
 d. Total Issued and Paid-up Capital of the Company after PMTHMETD will increase up to a maximum of
    3,465,000,000 (three billion four hundred and sixty five million) shares.

Projected Financial Statements of The Company After the PMTHMETD
Using the Company's Consolidated Financial Statements as of 30 June 2024 (unaudited), the projection of the
impact of the PMTHMETD on the Company's financial condition and key financial ratios is as follows:
                                                                                                (In Rupiah)
                Description               Before PMTHMETD                     After PMTHMETD
   Select Items from the
   Consolidated Statement of
   Financial Position

 Total Assets                                 1,143,975,209,610                    1,183,350,209,610
 Total Liabilities                              304,793,033,315                      304,793,033,315
 Total Equity                                   839,182,176,295                      878,557,176,295

 After the PMTHMETD, the Company's total assets and total equity are expected to increase by 3.44% and
 4.69%, respectively, due to the funds obtained from the PMTHMETD.

Risk and Impact of PMTHEMTD

With the issuance of a number of New Shares in connection with the PMTHMETD as disclosed in this
Information Disclosure, shareholders of the Company who do not participate in the short term will be subject
to the risk of a proportional dilution of their shareholding, in accordance with the number of New Shares
issued, which shall be up to a maximum of 10% (ten percent). However, there will essentially be no impact on
the change of control of the Company after the implementation of this PMTHMETD.

With the additional shares issued in the PMTHMETD, the dilution that will be experienced by the current
Shareholders of the Company is relatively small.

Meanwhile, the number of shares owned by Shareholders before and after the issuance of Additional Shares will
not change. In determining the exercise price of this PMTHMETD, the Company ensures that the Company will
obtain optimal and profitable results from the sale of Additional Shares in the framework of this PMTHMETD. In
this regard, the Company will always refer to the minimum exercise price provisions stipulated in Regulation No.
I-A, taking into account the interests of the Company and the Company's minority Shareholders, as well as
considering the quality of investors who will invest their funds in the Company. In determining the exercise price
of this PMTHMETD, the Company ensures that the Company will obtain optimal and profitable results from the
sale of Additional Shares in the framework of this PMTHMETD. In this regard, the Company will always refer to
the minimum exercise price provisions stipulated in Regulation No. I-A, taking into account the interests of the
Company and the Company's minority Shareholders, as well as considering the quality of investors who will invest
their funds in the Company.



                     STATEMENT BY THE BOARD OF DIRECTORS AND THE BOARD OF COMMISIONERS

The Board of Directors and the Board of Commissioners are responsible for the accuracy of the information
in this Disclosure of Information and declare that all material information and opinions expressed herein are
true, accountable, and complete, and that no material information has been omitted that would render the
information disclosed herein incorrect or misleading.
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The Board of Directors and the Board of Commissioners of the Company have reviewed the PMTHMETD plan,
assessed the risks and benefits of the PMTHMETD for the Company and all shareholders, and believe that the
PMTHMETD is the best course of action for the Company and all shareholders.

                                EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

The EGMS of the Company, related to the PMTHMETD, will be held on:

Date                   : Tuesday, 26 November 2024
Time                   : 10.00 WIB – until finished
Place                  : Jakarta
                          (online through eASY.KSEI)

With details of the agenda of the EGM of independent Shareholders, attendance quorum and decision quorum
and Shareholders who are entitled to attend are as follows:

Agenda:

1.      Approval of the Company's plan for PMTHMETD through the issuance of new shares in accordance with
        the provisions of POJK No. 14/2019, accompanied by the granting of authority and power of attorney,
        with the right of substitution, to the Company's Board of Directors to conduct negotiations and/or take
        any and all necessary actions for the implementation of the Company's PMTHMETD plan, including but
        not limited to the determination of the share issuance price in the PMTHMETD, while taking into
        account the applicable laws and regulations, including those in the Capital Market sector; and
2.      Approval of the amendment to Article 4, paragraphs (2) and (3) of the Company's Articles of Association
        in connection with the issuance of shares for the Company's PMTHMETD as stated above, and the
        granting of authority and power to the Company's Board of Directors to implement the issuance of
        shares that are subscribed and paid up in relation to the increase in the issued and fully paid-up capital
        by amending Article 4, paragraphs (2) and (3) of the Company's Articles of Association if the first agenda
        item is approved by the Extraordinary General Meeting of Shareholders.

Quorum of Attendance and Decision making Quorum:

In accordance with POJK No. 14/2019, if the Company intends to conduct a capital increase through the
issuance of shares and/or equity securities other than shares for reasons other than improving its financial
position, the Company must first obtain approval from the GMS as stipulated in Article 8A (1) of POJK No.
14/2019, which stipulates:

a.      The GMS can be convened if attended by more than 1/2 (one-half) of the total shares with valid voting
        rights held by the independent shareholders and shareholders who are not affiliated with the Company,
        its Directors, its Board of Commisioners, its controlling Shareholders, or its majority Shareholders.
b.      A decision of the GMS as referred to in point a is valid if approved by more than 1/2 (one-half) of the
        total shares with valid voting rights held by independent shareholders and shareholders who are not
        affiliated with the Company, its Directors, its Board of Commisioners, its controlling Shareholders, or its
        majority Shareholders.
c.      In the event the quorum in point a is not met, a second GMS may be convened if attended by more than
        1/2 (one-half) of the total shares with valid voting rights held by independent shareholders and
        shareholders who are not affiliated with the Company, its Directors, its Board of Commissioners, its
        controlling Shareholders, or its majority Shareholders.
d.      The second GMS decision is valid if approved by more than 1/2 (one-half) of the total shares with valid
        voting rights held by independent shareholders and shareholders who are not affiliated with the
        Company, its Directors, its Board of Commissioners, its controlling Shareholders, or its majority
        shareholders who are present at the GMS.
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e.    If the quorum of attendance at the second GMS is not achieved, a third GMS may be convened, and it
      will be valid if the GMS is attended by independent shareholders and shareholders who are not affiliated
      with the Company, its Directors, its Board of Commissioners, its controlling Shareholders, or its majority
      Shareholders, with a quorum determined by the Financial Services Authority upon approval of the
      Company’s request.
f.    The third GMS decision will be valid if approved by independent shareholders and shareholders who
      are not affiliated with the Company, its Directors, its Board of Commissioners, its controlling
      shareholders, or its majority shareholders, representing more than 50% (fifty percent) of the shares
      held by such independent shareholders and unaffiliated shareholders present at the GMS.

Shareholders eligible to Attend:

In accordance with the provisions of POJK No. 15/2020, shareholders entitled to attend the GMS are those
whose names are registered in the Company’s Shareholders Register 1 (one) Working Days before the EGMS
invitation is issued.


Key Dates and Estimated Timeline:

Referring to the provisions in POJK No. 15/2020, Shareholders who are entitled to attend the EGMS are
Shareholders whose names are registered in the Company's DPS 1 (one) Working Day before the invitation to
the EGMS.

Notification of EGMS Plan to OJK                                       : 11 October 2024

Notification of EGMS Plan to Company Shareholders through IDX          : 18 October 2024
website, eASY.KSEI website, and Company website

Notification of Disclosure of Information regarding PMTHMETD           : 18 October 2024
through IDX website and Company website

Submission of Disclosure to OJK                                        : 22 October 2024

Recording Date of EGMS                                                 : 01 November 2024

EGMS Invitation                                                        : 04 November 2024

Additional Information (if any)                                        : 22 November 2024

EGMS Date                                                              : 26 November 2024

Notification of summary of EGMS resolutions to Company                 : 28 November 2024
Shareholders through IDX website, eASY.KSEI website, and
Company website

Submission of EGMS resolutions to OJK and IDX                          : 28 November 2024




                                                      12
Page 13
                                        ADDITIONAL INFORMATION

To obtain further information on the above matters, Shareholders may contact the Company on Working Days
and hours through the address and contact below:

                                    PT GOLDEN EAGLE ENERGY Tbk.,
                                       U.P.: Corporate Secretary

                                                Head Office:
                                 The Suites Tower Floor 17 Jl. Boulevard
                                Pantai Indah Kapuk No. 1 Kav OFS, North
                                              Jakarta, 14470
                                         Tel. (+62 21) 2251 1055
                                  Website: https://www.go-eagle.co.id
                                      Email: corsec@go-eagle.co.id



                                       Jakarta, October 18, 2024
                                      PT Golden Eagle Energy Tbk



                                               Regards,
                           Board of Directors of PT Golden Eagle Energy Tbk




                                                   13

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Published18 Oct 2024
Pages13
Characters37,377
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OCR confidence—

Names mentioned 29 people and organisations named in the text · linked when the evidence is strong

linked org GOLDEN EAGLE ENERGY TBK p.1 ×17
linked org Pantai Indah Kapuk p.1 ×3
linked org Geo Energy p.7 ×2
linked org PT Golden Prima Energy p.7
linked person See Yong p.7
linked person Yanto Melati p.7
linked person Ong Beng Chye p.7
linked person Budi Susanto p.7
possible org PT Bursa Efek Indonesia p.3 ×2
possible org PT Golden Prima Energi p.9
unresolved org FINANCIAL SERVICES AUTHORITY p.1 ×7
unresolved org PT Adimitra Jasa Korpora p.3 ×2
unresolved org Government of the Republic of Indonesia p.3 ×2
unresolved org Indonesia Stock Exchange p.3 ×2
unresolved org PT Kustodian Sentral Efek Indonesia p.3
unresolved org Ministry of Law and Human Rights p.3
unresolved org PT The Green Pub p.6 ×2
unresolved person Soeleman Ardjasasmita · Notaris p.6
unresolved org Minister of Justice p.6 ×2
unresolved person Lieke K. Tukgali · Notaris p.6
unresolved org PT Setiamandiri Mitratama. This p.6
unresolved person Fathiah Helmi · Notaris p.6 ×3
unresolved org PT Setiamandiri Mitratama p.6
unresolved org PT Eatertainment International. This p.6
unresolved org Minister of Justice and Human Rights p.6 ×2
unresolved person Jose Dima Satria · Notaris p.6 ×5
unresolved org Minister of Law and Human Rights p.6
unresolved org PT Geo Energy Investama p.7 ×2
unresolved org Public Accounting Firm Imelda & Rekan p.7

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