20260529_NIRO_Pemanggilan RUPS_32095603_lamp1.pdf

      The basis for this meeting agenda proposal is the provision of Article 3 paragraph (1) of OJK
      Regulation (POJK) Number 9 of 2023 concerning the Use of Public Accountant and Public
      Accounting Firm Services, as well as Article 68 of the Company Law, which states that the Board
      of Directors is required to submit the Company's financial statements to a public accountant to
      be audited.

4.    Approval of granting and delegation of authority to the Company's Board of Commissioners to
      determine the remuneration package including allowances, bonuses and facilities provided to
      the Company's Board of Commissioners and Directors for the financial year ending on
      December 31, 2026.
      Explanation:
      The basis for this meeting agenda proposal is the provisions of Article 96 and Article 113 of the
      Company Law, which state that the amount of salary and allowances for members of the Board
      of Directors and the Board of Commissioners shall be determined based on the resolution of the
      General Meeting of Shareholders.


EGMS:

1.     Approval to the Board of Directors to transfer, release rights or make debt collateral for the
       Company's assets, either partially or wholly in one transaction or several transactions that stand
       alone or are related to each other, for a period of 1 (one) year after this EGMS, in the context
       of financial facilities (including the issuance of debt securities and / or sukuk, either through a
       public offering or without a public offering) received by the Company and / or Subsidiaries, or
       extension or refinancing (along with all additions and / or changes).
       Explanation:
       Explanation of the agenda of this meeting is the granting of power and authority to the Company
       in order to transfer the Company's assets or make debt collateral for the Company's assets which
       constitute more than 50% (fifty percent) of the Company's net assets in 1 (one) fiscal year, either
       in 1 (one) transaction or more, whether related to each other or not, for the Company's plan to
       obtain loans.

2.     Approval of the Change in the Composition of the Management of the Company.
       Explanation:
       Pursuant to the Articles of Association of the Company and the Law on Limited Liability
       Companies, the appointment, resignation/dismissal, as well as changes in the composition of
       the members of the Board of Directors and the Board of Commissioners shall be subject to the
       approval of the General Meeting of Shareholders (GMS).

Notes:
1. The Company does not send separate invitations to shareholders, as this Notice serves as the
   official invitation. This Notice can also be viewed on the Company's website
   www.cityretaildevelopments.com and the eASY.KSEI application.

2.   Materials related to the Meeting agenda are available on the Company's website from the date of
     this Notice, in accordance with the Company's information above. The announcement of the
     Meeting has been published through the Company's website, the Indonesia Stock Exchange
     website, and the website of PT Kustodian Sentral Efek Indonesia on May 13 2026.

3.   Each shareholder entitled to attend the Meeting is a shareholder whose name is registered in the
     Company's Register of Shareholders at the close of trading hours of the Stock Exchange on May
     26, 2026.

4.   Taking into account the provisions of the Financial Services Authority Regulation Number 14 of
     2025 concerning the Electronic Electronic General Meeting of Shareholders, General Meeting of
     Bondholders, and General Meeting of Sukukholders ("POJK No 14/2025"), the Company urges
     eligible shareholders to attend the AGMS and EGMS electronically and/or grant power of attorney
     for their attendance and voting electronically. The participation of eligible shareholders in the
     AGMS and EGMS can be conducted through the following mechanism:

          a. Attend    the AGMS and EGMS electronically via the eASY.KSEI application
             (https://akses.ksei.co.id/) or
          b. Be represented by another party by granting

5.   Shareholders who attend electronically or grant electronic power of attorney (e-proxy) through
     the eASY.KSEI application are shareholders whose shares are deposited in KSEI collective custody.
     To use the eASY.KSEI Application, shareholders can access the eASY.KSEI menu on the Akses.KSEI
     facility (https://akses.ksei.co.id/) by observing the following provisions:
          a. Shareholders must declare their attendance or appoint their proxy and/or submit their
               voting choices on the eASY.KSEI application no later than 12:00 PM WIB on 1 (one)
               business day before the date of the AGMS and EGMS;
          b. Shareholders who will attend electronically or grant their proxy electronically to the AGMS
               and EGMS through the eASY.KSEI application must observe the following matters:
                   1) Registration process;
                   2) Process for submitting questions and/or opinions electronically;
                   3) Voting process
                   4) GMS broadcast.
                   The guide for registration, usage, and further explanation regarding eASY.KSEI can be
                   downloaded via the eASY.KSEI website (https://akses.ksei.co.id/).

6.   Shareholders attending electronically via the eASY.KSEI facility must observe the following
     matters:
         a. The shareholders mentioned below must register their attendance electronically in the
            eASY.KSEI facility on the date of the AGMS and EGMS from 11:00 AM WIB to 1:30 PM WIB,
            with the following details:
                1) Local individual type shareholders who have not provided a declaration of
                    attendance or proxy in the eASY.KSEI facility by the specified deadline and wish
                    to attend the AGMS and EGMS electronically.
                2) Local individual type shareholders who have provided a declaration of attendance
                    but have not determined a voting choice for at least 1 (one) meeting agenda item
                    in the eASY.KSEI facility by the specified deadline and wish to attend the AGMS
                    and EGMS electronically.
                3) Proxy holders of shareholders who have granted power of attorney to an
                    independent representative or individual representative, but have not provided a
                    voting choice for at least 1 (one) meeting agenda item in the eASY.KSEI facility by
                    the specified deadline.

               4) Proxy holders of shareholders who have granted power of attorney to a
                   participant/intermediary (securities company) and have determined their voting
                   choices in the eASY.KSEI facility by the specified deadline.
        b. Shareholders who have provided a declaration of attendance or proxy to an independent
           representative or individual representative and have determined their voting choices for
           the AGMS and EGMS agenda items in eASY.KSEI by the specified deadline do not need to
           perform electronic attendance registration in the eASY.KSEI facility.
        c. Delays or failures in the electronic registration process for any reason will result in the
           shareholder or their proxy holder being unable to attend the AGMS and EGMS
           electronically, and their share ownership will not be counted toward the attendance
           quorum.

7.   Shareholders holding shares in scrip form (physical certificates) may attend the AGMS and EGMS
     physically, referring to the provisions of POJK No 14/2025.

8.   The Chairman of the AGMS and EGMS, the Board of Directors and Board of Commissioners, as
     well as capital market supporting professionals who assist in the implementation of the AGMS and
     EGMS, shall be physically present.

9.   Materials for the AGMS and EGMS are available on the Company's website from the date of the
     meeting notice.

10. The Company does not provide food, beverages, or souvenirs.

11. The Company may re-announce the notice if there are changes and/or additions to information
     regarding the procedures for conducting the Meeting, with reference to the applicable laws and
     regulations.


                                           Jakarta, May 29, 2026
                                      PT City Retail Developments Tbk
                                                  Directors