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20240822_FOLK_Ringkasan Risalah//Risalah RUPS_31707746_lamp3.pdf

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Page 1
                       THE SUMMARY OF THE MINUTES OF THE COMPANY’S
                     EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
                                PT MULTI GARAM UTAMA Tbk

To comply with the provisions of Article 49 Paragraph (1) and Article 51 of Otoritas Jasa Keuangan Regulation
No. 15/POJK.04/2020 dated April 21st 2020 concerning Plans and Implementation of the General Meeting of
Shareholders of Public Companies (hereinafter referred to as “POJK No. 15”), The Board of Directors of PT Multi
Garam Utama Tbk (hereinafter referred to as the “Company”) hereby notifies the shareholders, the Company has
held an Extraordinary General Meeting of Shareholders (hereinafter referred to as the “Meeting”), namely:

A.   Time And Venue Of Meeting :
     Day / Date           :      Thrusday / August 22nd 2024
     Time                 :      10.09 am – 10.22 Western Indonesian Time
     Tempat               :      Prosperity Tower lantai 18 A&J, Jalan Jenderal Sudirman Kav. 52-53,
                                 Senayan, Kebayoran Baru, South Jakarta 12190
     Meeting Agenda       : 1.      Approval of Changes to the Composition of Company’s Board of
                                    Commissioners.
                              2. Approval of an increase in issued and paid-up capital in connection with
                                    the results of series I warrants.


B.   Members of the Board of Directors and Board of Commissioners who attend the Meeting :

            BOARD OF COMMISSIONERS
            Main Commissioner                              :       Chandra

            BOARD OF DIRECTORS
            Main Director                                  :       Danny Sutradewa
            Director                                       :       Mandy
            Director                                       :       Katherine Paulina

C.   The meeting was attended by 3,117,030,732 shares with valid voting rights or 78.95% of all shares with valid
     voting rights issued by the Company.

D.   At the Meeting, Shareholders and/or their proxies are given the opportunity to ask questions and/or provide
     opinions regarding the Meeting agenda.

E.
           Agenda Item 1          :       No questions/responses
           Agenda Item 2          :       No questions/responses

F.   The decision-making process at the Meeting is as follows:
     Meeting decisions are made by deliberation to reach consensus. If deliberation to arrive at a consensus cannot
     be reached, then it will be carried out by voting.




Prosperity Tower, 17F, District 8, SCBD                                                           FOLK Group
Jl. Jend. Sudirman Kav. 52-53
Senayan, Kebayoran Baru
Jakarta Selatan – 12190
Page 2
G. Results of decisions made by voting:

     AGENDA ITEM 1 :

                         Agree                            Abstain                            Disagree

        3.117.030.732 votes or 100% of all                  None                               None
        shares with voting rights present at
        the Meeting.


    Decision on Agenda 1:

    1. Approved and accepted the resignation and respectfully dismissed Mr. Adikin Basirun SE as
       Independent Commissioners of the Company respectively by expressing their thanks and highest
       appreciation to Mr. Adikin Basirun SE for the dedication to this company and at the same time
       grating him repayment and release of responsibility (acquit et de charge). The composition of the
       Company’s Board of Commissioners is as follows:

         President Commissioner                : Mr. Chandra
         Independent Commissioner              : Mr. Kevin Cahya

    2. Grant authority and power to the Company’s Directors with the right of substitution, to carry out
       all necessary actions in order to change the composition of the Company’s board of commissioners,
       including but not limited to signing documents and/ or letters, declaring and/or stating The
       decisions of this Meeting, in a deed made before a Notary, presented to the relevant government
       agency in order to obtain approval and comply with the provisions of applicable laws and
       regulations, including making adjustments provided it is required by the competent authority, as
       well as to carry out other actions deemed necessary by the Board of Directors in connection with
       the change in the composition of the Board of Commissioners.


     AGENDA ITEM 2 :

                         Agree                            Abstain                            Disagree

        3.117.030.732 votes or 100% of all                  None                               None
        shares with voting rights present at
        the Meeting.


       Decision on Agenda 2:
       1. Approval of an increase in issued and paid-up capital in connection with the results of series I warrants.



Prosperity Tower, 17F, District 8, SCBD                                                            FOLK Group
Jl. Jend. Sudirman Kav. 52-53
Senayan, Kebayoran Baru
Jakarta Selatan – 12190
Page 3
            Based on Report No. OPR-1575/AJK/082024 dated August 7, 2024, submitted by PT Adimitra Jasa
            Korpora, as the Company's Share Registrar, the Company's capital structure after the completion of the
            IPO share issuance process is as follows:

            The Company's issued and paid-up capital, which previously consisted of 3,948,133,300 (three billion
            nine hundred forty-eight million one hundred thirty-three thousand three hundred) shares with a total
            nominal value of Rp78,962,666,000.00 (seventy-eight billion nine hundred sixty two million six
            hundred sixty six thousand Rupiah), has become 3,948,141,464 (three billion nine hundred forty eight
            million one hundred forty one thousand four hundred sixty four) shares with a total nominal value of
            Rp78,962,829,280.00 (seventy eight billion nine hundred sixty two million eight hundred twenty nine
            thousand two hundred eighty Rupiah).

       2. Approve the amendment of the provisions in Article 4, Paragraph 2 of the Company's Articles
          of Association to read as follows:

            4.2. Of the authorized capital, approximately 29.21% (twenty nine point two one percent) or a
                 total of 3,948,141,464 (three billion nine hundred forty eight million one hundred forty one
                 thousand four hundred sixty four) shares with a nominal value of Rp78,962,829,280.00
                 (seventy eight billion nine hundred sixty two million eight hundred twenty nine thousand
                 two hundred eighty Rupiah) have been issued and paid by the shareholders who have
                 subscribed for the shares, as detailed and specified in the nominal value of the shares
                 mentioned at the end of this deed.

       3. In connection with the statement on the results of the Series I Warrant offering, it is further agreed
          to amend the composition of the Company's shareholders as follows:

            -    Public, with total 3,948,141,464 (three billion nine hundred forty eight million one hundred
                 forty one thousand four hundred sixty four) shares, with a total nominal value of
                 Rp78,962,829,280.00 (seventy eight billion nine hundred sixty two million eight hundred
                 twenty nine thousand two hundred eighty Rupiah).

       4. Grant authority and power to the Company's Directors with the right of substitution, to carry out
          all necessary actions in order to change the articles of association and composition of
          shareholders, including but not limited to signing documents and/or letters, stating and/or stating
          the decisions of this Meeting, in a deed made before a Notary, before the relevant government
          agency in order to obtain approval and comply with the provisions of applicable laws and
          regulations, including making adjustments to the extent required by the competent agency, as
          well as to carry out other actions deemed necessary by the Board of Directors in connection with
          these changes.


                                              Jakarta, August 23rd 2024
                                          PT MULTI GARAM UTAMA Tbk
                                                  Board of Director




Prosperity Tower, 17F, District 8, SCBD                                                          FOLK Group
Jl. Jend. Sudirman Kav. 52-53
Senayan, Kebayoran Baru
Jakarta Selatan – 12190

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Names mentioned 7 people and organisations named in the text · linked when the evidence is strong

linked org MULTI GARAM UTAMA Tbk p.1 ×8
linked person Adikin Basirun SE · Independent Commissioner p.2 ×3
linked person Kevin Cahya p.2
possible org Otoritas Jasa Keuangan p.1
possible person Danny Sutradewa p.1
unresolved person Chandra Independent p.2
unresolved org PT Adimitra Jasa Korpora p.3

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