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                                  PT. ASIA PACIFIC FIBERS Tbk
                                Berkedudukan di Kendal, Jawa Tengah
                                  (Selanjutnya disebut “Perseroan”)

                               PENGUMUMAN RINGKASAN RISALAH

                         RAPAT UMUM PEMEGANG SAHAM TAHUNAN


Sesuai dengan Peraturan Otoritas Jasa Keuangan Nomor 15/POJK.04/2020 tentang Rencana dan
Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka (“Peraturan OJK
15/2020”), dengan ini disampaikan Ringkasan Risalah Rapat Umum Pemegang Saham Tahunan
yang selanjutnya akan disebut “Rapat”.

Ringkasan Risalah Rapat ini memuat informasi sebagai berikut:

Hari/Tanggal : Kamis, 27 Juni 2024

Waktu         : 10.41 WIB – 11.50 WIB

Tempat        : Ruang Candi Prambanan, Grand Sahid Jaya, lantai 2

                  Jl. Jend. Sudirman No. 86, Jakarta 12920



Kehadiran     :    - Direksi           : 1. Vasudevan Ravi Shankar Direktur Utama

                                        2. Antonius Widyatma S.    Direktur

                                        3. Deddy Sutrisno          Direktur

                  - Komisaris          : 1. Agus T. Wirakusumah    Komisaris Independen

                                        2. Sumiyati                Komisaris Independen

                  - Pemegang Saham            : 1.449.617.661 saham (62,67%) dari total
                                              2.313.113.365 saham yang merupakan hasil
                                              pengurangan dari jumlah treasury stock sejumlah
                                              2.073.615.504 saham.

I. MATA ACARA RAPAT
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  1. Persetujuan atas Laporan Tahunan Perseroan untuk tahun buku yang berakhir pada
     tanggal 31 Desember 2023 serta pengesahan Neraca dan Perhitungan Laba/Rugi untuk
     tahun buku yang berakhir pada tanggal 31 Desember 2023.
  2. Penunjukan Akuntan Publik dan/atau Kantor Akuntan Publik Independen untuk
     mengaudit Laporan Keuangan Perseroan untuk tahun buku yang akan berakhir pada
     tanggal 31 Desember 2024 dan penetapan honorarium serta persyaratan lainnya.
  3. Penetapan honorarium dan/atau tunjangan lainnya bagi para anggota Dewan Komisaris
     dan Direksi Perseroan.
  4. Perubahan susunan anggota Direksi Perseroan.


II. PEMENUHAN PROSEDUR HUKUM UNTUK PENYELENGGARAAN RAPAT

  a. menyampaikan pemberitahuan kepada Otoritas Jasa Keuangan tanggal 8 Mei 2024;
  b. melakukan pengumuman pada tanggal 20 Mei 2024 melalui situs website resmi Bursa Efek
     Indonesia, situs website resmi Perseroan serta pada sistem eASY.KSEI; dan
  c. melakukan pemanggilan pada tanggal 4 Juni 2024 pada situs website resmi Bursa Efek
     Indonesia, situs website resmi Perseroan serta pada sistem eASY KSEI


III. KEPUTUSAN RAPAT

  MATA ACARA PERTAMA RAPAT
  - Rapat memberikan kesempatan kepada para pemegang saham atau kuasa pemegang
    saham yang hadir untuk mengajukan pertanyaan dan/atau memberikan pendapat
    terkait dengan Mata Acara Pertama Rapat.
  - Pada kesempatan tanya-jawab tersebut tidak terdapat pemegang saham atau kuasa
    pemegang saham yang hadir dalam Rapat yang mengajukan pertanyaan dan/atau
    pendapat.
  - Pengambilan keputusan dilakukan melalui pemungutan suara secara lisan dan
    elektronik.
  - Bahwa hasil dari pemungutan suara tersebut adalah sebagai berikut:
    - Pemegang saham yang mengeluarkan suara tidak setuju sebanyak 5.618.800 saham
       atau mewakili 0,39% dari total seluruh saham dengan hak suara yang sah yang hadir
       dalam Rapat.
    - Tidak ada pemegang saham yang mengeluarkan suara abstain.
    - Pemegang saham yang mengeluarkan suara setuju sebanyak 1.443.998.861 saham
       atau mewakili 99,61% dari total seluruh saham dengan hak suara yang sah yang hadir
       dalam Rapat.
    Dengan demikian, sejumlah 1.443.998.861 saham ( 99,61%) memutuskan menyetujui
    usulan keputusan Mata Acara Pertama Rapat.

  -   Keputusan Mata Acara Pertama Rapat adalah sebagai berikut :
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    1.    Menerima baik dan menyetujui Laporan Tahunan untuk tahun buku yang
          berakhir pada tanggal 31 Desember 2023 termasuk Laporan Tugas Pengawasan
          Dewan Komisaris dan Laporan Direksi Perseroan untuk tahun buku 2023;

    2.    Mengesahkan Laporan Keuangan Perseroan yaitu Neraca dan Perhitungan
          Laba/Rugi Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember
          2023 yang telah di audit oleh Kantor Akuntan Publik Hendrawinata Hanny Erwin
          & Sumargo sebagaimana termuat dalam laporannya tertanggal 26 Maret 2024
          Nomor 00076/2.1127/AU.I/04/0336-2/1/III/2024 dengan opini wajar dengan
          pengecualian serta memberikan pembebasan dan pelunasan tanggung jawab
          sepenuhnya (volledig acquit et decharge) kepada anggota Direksi Perseroan atas
          tindakan pengurusan dan kepada anggota Dewan Komisaris Perseroan atas
          tindakan pengawasan yang mereka lakukan dalam tahun buku yang berakhir pada
          tanggal 31 Desember 2023 sepanjang tindakan-tindakan mereka tersebut tercermin
          dalam Laporan Tahunan dan Laporan Keuangan Perseroan untuk tahun buku
          yang berakhir pada tanggal 31 Desember 2023 dan tidak bertentangan dengan
          peraturan perundang-undangan yang berlaku;

MATA ACARA KEDUA RAPAT
- Rapat memberikan kesempatan kepada para pemegang saham atau kuasa pemegang
  saham yang hadir untuk mengajukan pertanyaan dan/atau memberikan pendapat
  terkait dengan Mata Acara Kedua Rapat.
- Pada kesempatan tanya-jawab tersebut tidak ada pemegang saham atau kuasa
  pemegang saham yang hadir dalam Rapat yang mengajukan pertanyaan dan/atau
  pendapat.
- Pengambilan keputusan dilakukan melalui pemungutan suara secara lisan dan
  elektronik.
- Tidak ada pemegang saham atau kuasa pemegang saham yang menyatakan suara tidak
  setuju dan/atau abstain atas usulan Mata Acara Kedua Rapat, sehingga keputusan
  diambil berdasarkan musyawarah untuk mufakat dari seluruh pemegang saham yang
  hadir atau sejumlah 1.449.617.661 saham dan memutuskan menyetujui usulan Mata
  Acara Kedua Rapat tersebut.
- Keputusan Mata Acara Kedua Rapat adalah sebagai berikut :
    1.    Memberikan kuasa dan wewenang kepada Dewan Komisaris Perseroan untuk
          menunjuk Akuntan Publik dan/atau Kantor Akuntan Publik Independen Perseroan
          yang akan mengaudit buku-buku Perseroan untuk tahun buku yang berakhir pada
          tanggal 31 Desember 2024 dengan memperhatikan rekomendasi dari Komite
          Audit dengan ketentuan Kantor Akuntan Publik yang ditunjuk merupakan Kantor
          Akuntan Publik yang terdaftar di Otoritas Jasa Keuangan (OJK) dan memiliki
          reputasi yang baik;
    2.    Memberikan kuasa dan wewenang sepenuhnya kepada Direksi untuk menetapkan
          honorarium serta persyaratan-persyaratan lain sehubungan dengan penunjukkan
          Akuntan Publik dan/atau Kantor Akuntan Publik tersebut.
MATA ACARA KETIGA RAPAT
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-  Rapat memberikan kesempatan kepada para pemegang saham atau kuasa pemegang
   saham yang hadir untuk mengajukan pertanyaan dan/atau memberikan pendapat
   terkait dengan Mata Acara Ketiga Rapat.
- Pada kesempatan tanya-jawab tersebut tidak terdapat pemegang saham atau kuasa
   pemegang saham yang hadir dalam Rapat yang mengajukan pertanyaan dan/atau
   pendapat.
- Pengambilan keputusan dilakukan melalui pemungutan suara secara lisan dan
   elektronik.
- Tidak ada pemegang saham atau kuasa pemegang saham yang menyatakan suara tidak
   setuju dan/atau abstain atas usulan Mata Acara Ketiga Rapat, sehingga keputusan
   diambil berdasarkan musyawarah untuk mufakat dari seluruh pemegang saham yang
   hadir atau sejumlah 1.449.617.661 saham dan memutuskan menyetujui usulan Mata
   Acara Ketiga Rapat tersebut.
- Keputusan Mata Acara Ketiga Rapat adalah sebagai berikut :
     1.    Menetapkan honorarium dan tunjangan Dewan Komisaris Perseroan dengan total
           besaran tetap seperti tahun sebelumnya dan melimpahkan wewenang kepada
           Dewan Komisaris Perseroan untuk menetapkan pembagian besarannya masing-
           masing diantara anggota Dewan Komisaris.
     2.    Menyetujui untuk memberikan wewenang kepada Dewan Komisaris Perseroan
           untuk menentukan honorarium dan tunjangan Direksi Perseroan beserta fasilitas-
           fasilitas lainnya.
MATA ACARA KEEMPAT RAPAT
- Rapat memberikan kesempatan kepada para pemegang saham atau kuasa pemegang
   saham yang hadir untuk mengajukan pertanyaan dan/atau memberikan pendapat
   terkait dengan Mata Acara Keempat Rapat.
- Pada kesempatan tanya-jawab tersebut tidak terdapat pemegang saham atau kuasa
   pemegang saham yang hadir dalam Rapat yang mengajukan pertanyaan dan/atau
   pendapat.
- Pengambilan keputusan dilakukan melalui pemungutan suara secara lisan dan
   elektronik.
- Tidak ada pemegang saham atau kuasa pemegang saham yang menyatakan suara tidak
   setuju dan/atau abstain atas usulan Mata Acara Keempat Rapat, sehingga keputusan
   diambil berdasarkan musyawarah untuk mufakat dari seluruh pemegang saham yang
   hadir atau sejumlah 1.449.617.661 saham dan memutuskan menyetujui usulan Mata
   Acara Keempat Rapat tersebut.
- Keputusan Mata Acara Keempat Rapat adalah sebagai berikut :

    1. Menerima pengunduran diri Bapak Peter Vinzenz Merkle selaku Direktur Perseroan
       terhitung efektif sejak ditutupnya Rapat ini dengan ucapan terima kasih atas jasa-
       jasa beliau selama menjabat dan memberikan pelunasan dan pembebasan tanggung
       jawab sepenuhnya atas tindakan pengurusan yang telah dilakukan sepanjang
       tindakan tersebut tercermin dalam Laporan Tahunan Perseroan dan bukan
       merupakan tindakan pidana atau pelanggaran terhadap ketentuan perundang-
       undangan yang berlaku terhitung sejak ditutupnya Rapat.
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        Sehingga untuk selanjutnya susunan Direksi dan Dewan Komisaris Perseroan
          terhitung sejak ditutupnya Rapat ini sampai dengan Rapat Umum Pemegang
          Saham Tahunan yang diselenggarakan pada tahun 2027 adalah menjadi sebagai
          berikut:
        Direksi:
        Direktur Utama: Vasudevan Ravi Shankar
        Direktur: Seeniappa Jegatheesan
        Direktur: Antonius Widyatma Sumarlin
        Direktur: Deddy Sutrisno
        Komisaris:
        Komisaris Utama: Robert Mc Carthy Jr
        Komisaris: Christopher Ian Teague
        Komisaris: Christopher Robert Botsford
        Komisaris: Alexander Shaik
        Komisaris Independen: Agus Tjahajana Wirakusumah
        Komisaris Independen: Sumiyati
       2. Menyetujui memberikan wewenang dan kuasa dengan hak substitusi kepada setiap
          anggota Direksi Perseroan untuk melakukan segala dan setiap tindakan yang
          diperlukan sehubungan dengan hal-hal yang diputuskan dalam mata acara Rapat
          ini, termasuk tetapi tidak terbatas pada menghadap Notaris, membuat atau meminta
          untuk dibuatkan serta menandatangani segala dokumen, menyatakan kembali
          sebagian atau seluruh keputusan tersebut di atas dalam akta notaris, menyampaikan
          pemberitahuan kepada Menteri Hukum dan Hak Asasi Manusia Republik Indonesia
          serta mendaftarkan susunan anggota Direksi dan Dewan Komisaris Perseroan
          dalam Daftar Perseroan, satu dan lain hal tanpa yang dikecualikan.

Keputusan Rapat tersebut di atas dituangkan dalam Akta Berita Acara Rapat tertanggal 27 Juni 2024
Nomor 38 , yang di buat oleh Aryanti Artisari, SH, Mkn,Notaris di Jakarta.



                                                           Jakarta, 27 Juni 2024
                                                           Direksi Perseroan
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                                   PT. ASIA PACIFIC FIBERS Tbk
                                   Domiciled in Kendal, Central Java
                               (Hereinafter referred to as the “Company”)

                            ANNOUNCEMENT OF MINUTE SUMMARY

                       ANNUAL GENERAL MEETING OF SHAREHOLDERS


In accordance with the Financial Services Authority Regulation Number 15/POJK.04/2020 regarding the
Plan and Implementation of the General Meeting of Shareholders of Public Companies (“OJK Regulation
                                                                                         Regulation
15/2020”), we hereby submit the Summary of Minutes of the Annual General Meeting of Shareholders,
hereinafter referred to as “ Meeting".

This Summary of Meeting Minutes contains the following information:

Day/Date: Thursday, June 27 2024
Time     : 10.41 WIB – 11.50 WIB
Venue : Prambanan Temple Room, Grand Sahid Jaya, 2nd floor
            Jl. Jendral Sudirman No. 86, Jakarta 12920

Attendance: - Directors: 1. Vasudevan Ravi Shankar Main Director
                         2. Antonius Widyatma S. Director
                         3. Deddy Sutrisno Director
           - Commissioners: 1. Agus T. Wirakusumah Independent Commissioner
                              2. Sumiyati Independent Commissioner
           - Shareholders: 1,449,617,661 shares (62.67%) out of a total of 2,313,113,365 shares which is
                           the result of a reduction from the total treasury stock of 2,073,615,504 shares.

I. MEETING AGENDA

1. Approval of the Company's Annual Report for the financial year ending 31 December 2023 as well as
                                                                                                  as
   ratification of the Balance Sheet and Profit/Loss Calculation for the financial year ending 31 31
   December 2023.
2. Appointment of a Public Accountant and/or Independent Public Accounting Firm to audit the
   Company's Financial Report for the financial year ending 31 December 2024 and determine the
   honorarium and other requirements.
3. Determination of honorarium and/or other benefits for members of the Company's Board of
   Commissioners and Directors.
4. Changes in the composition of the Company's Board of Directors.

II. FULFILLMENT OF LEGAL PROCEDURES FOR ORGANIZING MEETINGS
                                                   MEETINGS
Page 8
a. submit notification to the Financial Services Authority on 8 May 2024;
b. make an announcement on May 20 2024 via the official website of the Indonesia Stock Exchange, the
   Company's official website and on the eASY.KSEI system; And
c. make a call on June 4 2024 on the official website of the Indonesia Stock Exchange, the Company's
   official website and on the KSEI eASY system

III. MEETING DECISIONS

  FIRST AGENDA OF THE MEETING
- The meeting provides an opportunity for shareholders or proxies of shareholders present to ask
   questions and/or provide opinions related to the First Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
   Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- That the results of the voting are as follows:
- Shareholders who voted against 5,618,800 shares or representing 0.39% of the total shares with valid
   voting rights who were present at the Meeting.
- No shareholders abstained.
- Shareholders who voted in favor were 1,443,998,861 shares or representing 99.61% of the total shares
   with valid voting rights present at the Meeting.
Thus, a total of 1,443,998,861 shares (99.61%) decided to approve the proposed decision on the First
Agenda of the Meeting.

- Decisions on the First Agenda of the Meeting are as follows:
1. Receive and approve the Annual Report for the financial year ending 31 December 2023 including the
   Supervisory Duties Report of the Board of Commissioners and the Report of the Company's Directors
   for the 2023 financial year;
2. Ratify the Company's Financial Report, namely the Company's Balance Sheet and Profit/Loss
   Calculation for the financial year ending 31 December 2023 which has been audited by the Public
   Accounting Firm Hendrawinata Hanny Erwin & Sumargo as contained in its report dated 26 March
   2024 Number 00076/2.1127/ AU.I/04/0336-2/1/III/2024 with a qualified opinion and providing full
   release and discharge of responsibility (volledig acquit et decharge) to members of the Company's
   Board of Directors for management actions and to members of the Company's Board of
   Commissioners for supervisory actions what they do in the financial year ending 31 December 2023 as
   long as their actions are reflected in the Company's Annual Report and Financial Report for the
   financial year ending 31 December 2023 and do not conflict with applicable laws and regulations;

SECOND AGENDA OF THE MEETING
- The meeting provides an opportunity for the shareholders or shareholders' proxies present to ask
  questions and/or provide opinions related to the Second Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
  Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on the
   proposed Second Agenda of the Meeting, so that decisions were taken based on deliberation to reach
   consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
   proposed Agenda Both meetings.
- The resolutions on the Second Agenda of the Meeting are as follows:
       1. Grant power and authority to the Company's Board of Commissioners to appoint a Public
          Accountant and/or the Company's Independent Public Accounting Firm who will audit the
          Company's books for the financial year ending 31 December 2024 by taking into account
Page 9
          recommendations from the Audit Committee with the provisions of the Public Accounting Firm
          the person appointed is a Public Accounting Firm registered with the Financial Services
          Authority (OJK) and has a good reputation;
       2. Give full power and authority to the Board of Directors to determine the honorarium and other
          requirements in connection with the appointment of the Public Accountant and/or Public
          Accounting Firm.

THIRD AGENDA OF THE MEETING
- The meeting provides an opportunity for the shareholders or shareholders' proxies present to ask
  questions and/or provide opinions related to the Third Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at
  the Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on
  the proposed Third Agenda of the Meeting, so that decisions were taken based on deliberation to reach
  consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
  proposed Agenda These three meetings.
- Decisions on the Third Agenda of the Meeting are as follows:
       1. Determine the honorarium and allowances for the Company's Board of Commissioners at a
          fixed total amount as in the previous year and delegate authority to the Company's Board of
          Commissioners to determine the distribution of the respective amounts among the members of
          the Board of Commissioners.
       2. Approved to grant authority to the Company's Board of Commissioners to determine the
          honorarium and allowances for the Company's Directors along with other facilities.

FOURTH AGENDA OF THE MEETING
- The meeting provides an opportunity for shareholders or proxies of shareholders present to ask
  questions and/or provide opinions related to the Fourth Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
  Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on the
  proposed Fourth Agenda of the Meeting, so that decisions were taken based on deliberation to reach
  consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
  proposed Agenda The four meetings.
- The decisions on the Fourth Agenda of the Meeting are as follows:
       1. Accepting the resignation of Mr. Peter Vinzenz Merkle as Director of the Company effective as
          of the closing of this Meeting with thanks for his services during his tenure and providing full
          repayment and release of responsibility for management actions that have been carried out as
          long as these actions are reflected in the Annual Report Company and is not a criminal act or
          violation of the applicable statutory provisions as of the closing of the Meeting.
          Therefore, the composition of the Company's Board of Directors and Board of Commissioners
          from the closing of this Meeting until the Annual General Meeting of Shareholders held in
          2027 will be as follows:
          Directors:
          Chief Director: Vasudevan Ravi Shankar
          Director: Seeniappa Jegatheesan
          Director: Antonius Widyatma Sumarlin
          Director: Deddy Sutrisno
          Commissioner:
          Main Commissioner: Robert Mc Carthy Jr
Page 10
         Commissioner: Christopher Ian Teague
         Commissioner: Christopher Robert Botsford
         Commissioner: Alexander Shaik
         Independent Commissioner: Agus Tjahajana Wirakusumah
         Independent Commissioner: Sumiyati
      2. Agree to grant authority and power with the right of substitution to each member of the
         Company's Board of Directors to carry out any and all necessary actions in connection with
         matters decided on the agenda of this Meeting, including but not limited to appearing before a
         Notary, making or requesting to be made and sign all documents, restate part or all of the above
         decisions in a notarial deed, submit notification to the Minister of Law and Human Rights of
         the Republic of Indonesia and register the composition of the members of the Company's Board
         of Directors and Board of Commissioners in the Company Register, one way or another
         without exception.

The Meeting Resolutions above are stated in the Deed of Meeting Minutes dated 27 Juni 2024 Number
38, which was drawn up by Aryanti Artisari, SH, Mkn Notary in Jakarta.



Jakarta, June 27, 2024
Company Directors
Page 11
                                   PT. ASIA PACIFIC FIBERS Tbk
                                   Domiciled in Kendal, Central Java
                               (Hereinafter referred to as the “Company”)

                            ANNOUNCEMENT OF MINUTE SUMMARY

                       ANNUAL GENERAL MEETING OF SHAREHOLDERS


In accordance with the Financial Services Authority Regulation Number 15/POJK.04/2020 regarding the
Plan and Implementation of the General Meeting of Shareholders of Public Companies (“OJK Regulation
                                                                                         Regulation
15/2020”), we hereby submit the Summary of Minutes of the Annual General Meeting of Shareholders,
hereinafter referred to as “ Meeting".

This Summary of Meeting Minutes contains the following information:

Day/Date: Thursday, June 27 2024
Time     : 10.41 WIB – 11.50 WIB
Venue : Prambanan Temple Room, Grand Sahid Jaya, 2nd floor
            Jl. Jendral Sudirman No. 86, Jakarta 12920

Attendance: - Directors: 1. Vasudevan Ravi Shankar Main Director
                         2. Antonius Widyatma S. Director
                         3. Deddy Sutrisno Director
           - Commissioners: 1. Agus T. Wirakusumah Independent Commissioner
                              2. Sumiyati Independent Commissioner
           - Shareholders: 1,449,617,661 shares (62.67%) out of a total of 2,313,113,365 shares which is
                           the result of a reduction from the total treasury stock of 2,073,615,504 shares.

I. MEETING AGENDA

1. Approval of the Company's Annual Report for the financial year ending 31 December 2023 as well as
                                                                                                  as
   ratification of the Balance Sheet and Profit/Loss Calculation for the financial year ending 31 31
   December 2023.
2. Appointment of a Public Accountant and/or Independent Public Accounting Firm to audit the
   Company's Financial Report for the financial year ending 31 December 2024 and determine the
   honorarium and other requirements.
3. Determination of honorarium and/or other benefits for members of the Company's Board of
   Commissioners and Directors.
4. Changes in the composition of the Company's Board of Directors.

II. FULFILLMENT OF LEGAL PROCEDURES FOR ORGANIZING MEETINGS
                                                   MEETINGS
Page 12
a. submit notification to the Financial Services Authority on 8 May 2024;
b. make an announcement on May 20 2024 via the official website of the Indonesia Stock Exchange, the
   Company's official website and on the eASY.KSEI system; And
c. make a call on June 4 2024 on the official website of the Indonesia Stock Exchange, the Company's
   official website and on the KSEI eASY system

III. MEETING DECISIONS

  FIRST AGENDA OF THE MEETING
- The meeting provides an opportunity for shareholders or proxies of shareholders present to ask
   questions and/or provide opinions related to the First Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
   Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- That the results of the voting are as follows:
- Shareholders who voted against 5,618,800 shares or representing 0.39% of the total shares with valid
   voting rights who were present at the Meeting.
- No shareholders abstained.
- Shareholders who voted in favor were 1,443,998,861 shares or representing 99.61% of the total shares
   with valid voting rights present at the Meeting.
Thus, a total of 1,443,998,861 shares (99.61%) decided to approve the proposed decision on the First
Agenda of the Meeting.

- Decisions on the First Agenda of the Meeting are as follows:
1. Receive and approve the Annual Report for the financial year ending 31 December 2023 including the
   Supervisory Duties Report of the Board of Commissioners and the Report of the Company's Directors
   for the 2023 financial year;
2. Ratify the Company's Financial Report, namely the Company's Balance Sheet and Profit/Loss
   Calculation for the financial year ending 31 December 2023 which has been audited by the Public
   Accounting Firm Hendrawinata Hanny Erwin & Sumargo as contained in its report dated 26 March
   2024 Number 00076/2.1127/ AU.I/04/0336-2/1/III/2024 with a qualified opinion and providing full
   release and discharge of responsibility (volledig acquit et decharge) to members of the Company's
   Board of Directors for management actions and to members of the Company's Board of
   Commissioners for supervisory actions what they do in the financial year ending 31 December 2023 as
   long as their actions are reflected in the Company's Annual Report and Financial Report for the
   financial year ending 31 December 2023 and do not conflict with applicable laws and regulations;

SECOND AGENDA OF THE MEETING
- The meeting provides an opportunity for the shareholders or shareholders' proxies present to ask
  questions and/or provide opinions related to the Second Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
  Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on the
   proposed Second Agenda of the Meeting, so that decisions were taken based on deliberation to reach
   consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
   proposed Agenda Both meetings.
- The resolutions on the Second Agenda of the Meeting are as follows:
       1. Grant power and authority to the Company's Board of Commissioners to appoint a Public
          Accountant and/or the Company's Independent Public Accounting Firm who will audit the
          Company's books for the financial year ending 31 December 2024 by taking into account
Page 13
          recommendations from the Audit Committee with the provisions of the Public Accounting Firm
          the person appointed is a Public Accounting Firm registered with the Financial Services
          Authority (OJK) and has a good reputation;
       2. Give full power and authority to the Board of Directors to determine the honorarium and other
          requirements in connection with the appointment of the Public Accountant and/or Public
          Accounting Firm.

THIRD AGENDA OF THE MEETING
- The meeting provides an opportunity for the shareholders or shareholders' proxies present to ask
  questions and/or provide opinions related to the Third Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at
  the Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on
  the proposed Third Agenda of the Meeting, so that decisions were taken based on deliberation to reach
  consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
  proposed Agenda These three meetings.
- Decisions on the Third Agenda of the Meeting are as follows:
       1. Determine the honorarium and allowances for the Company's Board of Commissioners at a
          fixed total amount as in the previous year and delegate authority to the Company's Board of
          Commissioners to determine the distribution of the respective amounts among the members of
          the Board of Commissioners.
       2. Approved to grant authority to the Company's Board of Commissioners to determine the
          honorarium and allowances for the Company's Directors along with other facilities.

FOURTH AGENDA OF THE MEETING
- The meeting provides an opportunity for shareholders or proxies of shareholders present to ask
  questions and/or provide opinions related to the Fourth Agenda of the Meeting.
- During the question and answer session, there were no shareholders or shareholder proxies present at the
  Meeting who asked questions and/or opinions.
- Decision making is carried out through verbal and electronic voting.
- There were no shareholders or shareholders' proxies who expressed disapproval and/or abstention on the
  proposed Fourth Agenda of the Meeting, so that decisions were taken based on deliberation to reach
  consensus from all shareholders present or a total of 1,449,617,661 shares and decided to approve the
  proposed Agenda The four meetings.
- The decisions on the Fourth Agenda of the Meeting are as follows:
       1. Accepting the resignation of Mr. Peter Vinzenz Merkle as Director of the Company effective as
          of the closing of this Meeting with thanks for his services during his tenure and providing full
          repayment and release of responsibility for management actions that have been carried out as
          long as these actions are reflected in the Annual Report Company and is not a criminal act or
          violation of the applicable statutory provisions as of the closing of the Meeting.
          Therefore, the composition of the Company's Board of Directors and Board of Commissioners
          from the closing of this Meeting until the Annual General Meeting of Shareholders held in
          2027 will be as follows:
          Directors:
          Chief Director: Vasudevan Ravi Shankar
          Director: Seeniappa Jegatheesan
          Director: Antonius Widyatma Sumarlin
          Director: Deddy Sutrisno
          Commissioner:
          Main Commissioner: Robert Mc Carthy Jr
Page 14
         Commissioner: Christopher Ian Teague
         Commissioner: Christopher Robert Botsford
         Commissioner: Alexander Shaik
         Independent Commissioner: Agus Tjahajana Wirakusumah
         Independent Commissioner: Sumiyati
      2. Agree to grant authority and power with the right of substitution to each member of the
         Company's Board of Directors to carry out any and all necessary actions in connection with
         matters decided on the agenda of this Meeting, including but not limited to appearing before a
         Notary, making or requesting to be made and sign all documents, restate part or all of the above
         decisions in a notarial deed, submit notification to the Minister of Law and Human Rights of
         the Republic of Indonesia and register the composition of the members of the Company's Board
         of Directors and Board of Commissioners in the Company Register, one way or another
         without exception.

The Meeting Resolutions above are stated in the Deed of Meeting Minutes dated 27 Juni 2024 Number
38, which was drawn up by Aryanti Artisari, SH, Mkn Notary in Jakarta.



Jakarta, June 27, 2024
Company Directors

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Names mentioned 21 people and organisations named in the text · linked when the evidence is strong

linked org ASIA PACIFIC FIBERS Tbk p.2 ×8
linked person Seeniappa Jegatheesan · Direktur p.6 ×5
linked person Agus Tjahajana Wirakusumah · Komisaris Independen p.6 ×5
possible org Otoritas Jasa Keuangan p.2 ×3
possible org Bursa Efek Indonesia p.3 ×2
possible person Alexander Shaik · Komisaris p.6 ×5
possible person Sumiyati · Komisaris Independen p.6 ×3
unresolved org Kantor Akuntan Publik Independen p.3 ×2
unresolved org Kantor Akuntan Publik Hendrawinata Hanny Erwin p.4
unresolved person Peter Vinzenz Merkle · Direktur p.5 ×5
unresolved person Vasudevan Ravi Shankar · Direktur Utama p.6 ×3
unresolved person Antonius Widyatma Sumarlin · Direktur p.6 ×3
unresolved person Deddy Sutrisno · Direktur p.6 ×3
unresolved person Robert Mc Carthy Jr · Komisaris Utama p.6 ×3
unresolved person Christopher Ian Teague · Komisaris p.6 ×3
unresolved person Christopher Robert Botsford · Komisaris p.6 ×3
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia p.6
unresolved person Aryanti Artisari · Notaris p.6 ×4
unresolved org Financial Services Authority p.7 ×6
unresolved org Indonesia Stock Exchange p.8 ×4
unresolved org Minister of Law and Human Rights p.10 ×2

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