20240718_SILO_Ringkasan Risalah//Risalah RUPS_31685315_lamp4.pdf

C.   Resolutions Mechanism in the Meeting
     Each share is given 1 (one) right to Shareholders to cast 1 (one) vote, pursuant to Article 23 paragraph
     12 of the Article of Association of the Company which was also stated in the Rules of Order of the
     Meeting distributed to the Shareholders or their Proxy who attended the Meeting, the resolutions were
     adopted based on an amicable deliberation to reach a mutual consensus. In the event that the
     resolutions based on the amicable deliberation failed to be reached, In the event that a decision based
     on deliberation to reach a consensus is not reached, then the decision is taken by voting through
     eASY.KSEI e-voting and direct voting based on:
     • Approval votes of more than 1/2 (one half) of the total votes legally cast at the Meeting for the First
        Meeting Agenda to the Sixth Meeting Agenda.
     • Approval votes of more than 2/3 (two thirds) of the total votes legally cast at the Meeting for the
        Seventh Meeting Agenda.

D.   Independent Party to Count and/or Validate the Vote
     The Company has appointed an independent party, namely Sriwi Bawana Nawaksari, S.H., M.Kn.,
     Notary in Tangerang Regency to count and/or validate the vote.

E.   Meeting Resolutions
     All matters discussed and resolved in the Meeting were recorded in the Minutes of the Annual General
     Meeting of Shareholders Deed No. 124 dated 30 May 2024, which was drawn up by Sriwi Bawana
     Nawaksari, S.H., M.Kn. Notary in Tangerang Regency. The summary of the Deed is as follows:

     First Meeting Agenda:
     ”Approval of the Company’s Annual Report, including the Board of Commissioners’
     Supervisory Report, and Ratification of the Company’s Consolidated Financial Statement for
     the Financial Year ended on 31 December 2022.”

     Number of questioner: 0 person.
     The voting result:
              Against                      Abstain                          In Favor
          Shares          %            Shares            %             Shares               %
            0             0              17,501,700     0.15       11,770,095,263         99.85

     Therefore, the Meeting, by a majority vote, of 11.787.596.963 shares (100%) resolved:
     1. Approved the Company's Annual Report for the financial year ending on 31 December 2023
         including the Supervisory Report of the Board of Commissioners, and to ratify the Company's
         Financial Statements for the financial year ending on 31 December 2023 which have been
         audited by the Public Accounting Firm “Amir Abadi Jusuf, Aryanto, Mawar & Rekan” as stated
         in its report No. 00209/2.1030/AU.1/10/1680-1/1/III/2024 dated 22 March 2024, with an
         opinion that “the financial statements are presented fairly”.
     2. Granted full reléase and discharge of responsibility to all members of the Board of Directors
         and Board of Commissioners of the Company for the management and supervisory actions
         that have been carried out for the financial year ending 31 December 2023 (acquit et de
         charge), as long as their actions include related to business activities which are derivatives of
         the Company's main business activities are reflected in the Company's Consolidated Financial
         Statements and the Company's Annual Report for the 2023 financial year and are not criminal
         acts or violations of the applicable laws and regulations.

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Second Meeting Agenda:
”Determination of the Utilization of Net Profits of the Company for the Financial Year ended on
31 December 2023.”

Number of questioner: None.
The voting result:
         Against                     Abstain                             In Favor
      Shares         %             Shares              %              Shares              %
        0            0           15,257,200           0.13     11,772,339,763            99.87

Therefore, the Meeting, by a majority vote, of 11.787.596.963 shares (100%) resolved:
1. Approved the distribution of final cash dividends for the financial year ending on 31
    December 2023 to shareholders originating from the Company's 2023 net profit of
    Rp260,000,000,000 (two hundred sixty billion Rupiah) or 21% of the Company's net profit
    in 2023.
2. Approved to book the remaining net profit in 2023 amounting to Rp987,044,000,000
    (nine hundred eighty-seven billion forty-four million Rupiah) as the Company's retained
    earnings.
3. Granted power of attorney with substitution rights and full authority to the Board of
    Directors of the Company to establish a list of shareholders who are entitled to a final cash
    dividend, determine the schedule and procedures for distribution of dividends and take all
    necessary actions in relation to the distribution of dividends including announcing it in
    accordance with the laws and regulations applicable.

Third Meeting Agenda:
”Appointment of Public Accountant and/or Public Accountant Firm to Audit the Company’s
Financial Statements for the Financial Year ended on 31 December 2024, including audit on
other Financial Statements required by the Company.”

Number of questioner: None.
The voting result:
         Against                     Abstain                          In Favor
     Shares         %        Shares             %                Shares            %
   7,357,079       0.06    15,257,200          0.13          11,764,982,684      99.81

Therefore, the Meeting, by a majority vote, of 11,780,239,884 shares (99.94%) resolved:
1. Authorized the Board of Commissioners, upon recommendation of the Audit Committee,
    to appoint a Public Accountant and/or Public Accounting Firm that will provide audit
    services on annual historical financial information including audits of other Financial
    Statements required by the Company.
2. Granted authority to the Board of Commissioners and/or Board of Directors of the Company
    to take actions and all management, including but not limited to appointing a Public
    Accountant and determining the amount of professional honorarium, signing documents,
    and/or appointing another Public Accountant Office registered with the OJK if for one
    reason or another the above Public Accounting Firm is unable to carry out its duties.

Fourth Meeting Agenda:
”Changes and/or Reappointment of the Composition of the Board of Directors and/or the Board
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of Commissioners of the Company.”

Number of questioner: None.
The voting result:
         Against                      Abstain                       In Favor
     Shares         %           Shares           %             Shares           %
   7,066,079       0.06       15,257,200        0.13      11,765,237,684       99.81

Therefore, the Meeting, by a majority vote, of 11,780,530,884 shares (99.94%) resolved:
1. Accepted the resignation and granted release and discharge of responsibility (volledig
    acquit et de charge) to Mr. John Riady as the President Commissioner of the Company,
    Mr. Peter John Chambers as the Independent Commissioner of the Company, and Ms.
    Monica Surjapranata as the Director of the Company, respectively for the supervisory and
    management actions they have taken from their appointment until the end of their term,
    starting from the closure of this Meeting, as long as these actions are recorded in the Annual
    Report and Financial Statements and other Company records, and do not constitute criminal
    acts or violations of applicable laws and regulations.
 2. Appointed and elected Mr. Rosan Perkasa MBA., MA as the President Commissioner of the
    Company concurrently as the Independent Commissioner of the Company for the term of
    office starting from the closure of this Meeting until the closure of the Annual General
    Meeting of Shareholders to be held in 2026, thus the composition of the Board of Directors
    and the Board of Commissioners of the Company is as follows:
    BOARD OF DIRECTORS
    President Director                 : Benny Haryanto Djie
    Director                           : dr. Grace Frelita Indradjaja
    Director                           : dr. Anang Prayudi
    Director                           : Atiff Ibrahim Gill
    Director                           : Phua Meng Kuan (Daniel Phua)
    Director                           : Hendy Widjaja
    BOARD OF COMMISSIONERS
    President Commissioner/            : Rosan Perkasa MBA., MA
    Independent Commissioner
    Commissioner                       : Lim Suet Wun
    Commissioner                       : Andy Purwohardono
    Independent Commissioner           : DR Kartini Syahrir
    The Independent Commissioners proposed by the Nomination and Remuneration
    Committee of the Company have stated that they remain independent and meet the
    requirements as an Independent Commissioner as stipulated in Article 21 paragraph (2) of
    the Financial Services Authority Regulation Number 33/POJK.04/2014 concerning Directors
    and Board of Commissioners of Issuers or Public Companies.
3. Granted authority and power with substitution rights to the Board of Directors and/or
    Corporate Secretary of the Company to take all actions in connection with the appointment
    of the members of the Board of Directors and Board of Commissioners mentioned above,
    including but not limited to making or requesting to be made and signing all deeds in
    connection with the composition the members of the Board of Directors and the Board of
    Commissioners and to register the changes in the Company Register in accordance with the
    provisions of the applicable laws and regulations.


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Fifth Meeting Agenda:
”Determination of the Remuneration of the Company’s Members of the Board of Commissioners
and Board of Directors for the year of 2023.”

Number of questioner: None.
The voting result:
    Against                       Abstain                              In Favor
        Shares       %             Shares             %           Shares             %
      7,357,079     0.06         17,398,700          0.15     11,762,841,184        99.79

Therefore, the Meeting, by a majority vote, of 11,780,239,884 shares (99.94%) resolved:
1. Granted power and authority to the Company's Board of Commissioners to determine the
    amount of salary, bonuses and other benefits for members of the Board of Directors in
    accordance with the structure and amount of remuneration based on the Company's
    remuneration policy for the financial year ending 31 December 2023; and
2. Granted power and authority to the Nomination and Remuneration Committee to
    determine the amount of salary and other benefits for members of the Board of
    Commissioners in accordance with the structure and amount of remuneration based on the
    Company's remuneration policy for the financial year ending 31 December 2023.

Sixth Meeting Agenda:
”Approval for the transfer of shares (resulting from the repurchase of shares approved by the
Extraordinary General Meeting of Shareholders of the Company on May 25, 2023) through the
implementation of the MESOP program and authorization to the Board of Directors to sell
shares resulting from the repurchase related to the MESOP program.”

Questions asked: None.
The voting result:
            Against                      Abstain                         In Favor
       Shares       %             Shares               %         Shares            %
     97,987,620    0.83         15,257,200            0.13   11,674,352,143       99.04

Therefore, the Meeting, by a majority vote, of 11,689,609,343 shares (99.17%) resolved:
1.    Granted approval for the transfer of shares (resulting from the share buyback as
      approved in the Extraordinary General Meeting of Shareholders of the Company on
      25 May 2023), amounting to 23,880,200 (twenty-three million eight hundred eighty
      thousand two hundred) shares.
2.    Granted authority to the Board of Directors to carry out the necessary steps related
      to the transfer of shares, including taking all necessary actions for and in connection
      with the MESOP program, including but not limited to determining the criteria and
      implementation of participant selection, terms and conditions of participation, and
      other matters required for the implementation of the MESOP program.

Seventh Meeting Agenda:
” Approval of the Amendment to Article 12 of the Company's Articles of Association.”

Number of questioners: None.
                                                                                            5

     Questions asked: None.
     The voting result:
                 Against                          Abstain                           In Favor
          Shares           %          Shares                 %             Shares            %
            0              0        15,257,200              0.13       11,772,339,763       99.87

     Therefore, the Meeting, by a majority vote, of 11,787,596,963 shares (100%) resolved:
      1. Approved the addition and/or amendment of Article 12, Paragraphs 4 and 5 of the
          Company's Articles of Association
      2. Agreed to compile and restate all provisions in the Articles of Association in connection
          with the addition and/or amendment of Article 12 paragraphs 4 and 5 of the Company's
          Articles of Association.
      3. Granted power and authority to the Board of Directors of the Company with the right of
          substitution to take all necessary actions related to the decisions of this Meeting's agenda,
          including drafting and restating all provisions in the Articles of Association in a Notarial
          Deed and submitting them to the authorized institutions to obtain approval and/or
          acknowledgment of receipt of the notification of changes to the Articles of Association, to
          do everything deemed necessary and useful for such purposes without any exceptions,
          including making additions and/or changes to the amendments to the Articles of
          Association as required by the authorized institutions.

This summary of minutes of Meeting is prepared to fulfill the provisions set out in Article 51 and Article 52
verse (1) of the POJK 15/2020, as well as to fulfill the provisions to Financial Services Authority Regulation
No.31/POJK.04/2015 regarding Disclosure of Material Information or Facts by the Company or Public
Company related to the changes of members of the Board of Directors and/or Board of Commissioners.

                                         Tangerang, 30 May 2024
                                            Board of Directors




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