20240624_FAPA_Ringkasan Risalah//Risalah RUPS_31674076_lamp2.pdf

                                     ANNOUNCEMENT OF MINUTES SUMMARY
                          ANNUAL GENERAL MEETING OF SHAREHOLDERS OF PT FAP AGRI Tbk
                                                (“COMPANY”)


                                                                                     Fourth Meeting Agenda :
The Board of Directors of the Company hereby notifies the Shareholders that the
                                                                                     1. Approved to authorize representatives of the Company's Shareholders, to
Company has held an Annual General Meeting of Shareholders (the “Meeting”),
                                                                                        Prinsep Management Limited as the Company's shareholder with share
as below:
                                                                                        ownership of 74.96% of all issued shares of the Company to determine the
                                                                                        amount of honorarium bonuses and allowances in 2024 for all members of
           Day / Date       : Friday / June 21, 2024
                                                                                        the Company's Board of Commissioners.
           Location         : Harris Suite Puri Mansion Puri Mansion Estate, Jl
                                                                                     2. Approved to authorize the Company's Board of Commissioners to
                            dPuri Lkr. Luar Kec Kembangan,11610 Jakarta.
                                                                                        determine the amount of salary, bonuses and allowances in 2024 for all
                                                                                        members of the Company's Board of Directors.
With the following Meeting Agenda:
ANNUAL GENERAL MEETING OF SHAREHOLDERS
                                                                                     Fifth Meeting Agenda :
1. The Company's Annual Report for the financial year 2023 including the
                                                                                     Approved the guarantee of more than 50% (fifty percent) of the Company's net
   ratification of the Company's Financial Statements for the financial year 2023
                                                                                     worth in order to obtain a bank loan facility. (in case that the transaction is an
   and the Supervisory Report of the Board of Commissioners of the Company for
                                                                                     Affiliated Transaction, Conflict of Interest Transaction and/or Material
   the financial year ending 31 December 2023.
                                                                                     Transaction, the Company will comply with the Financial Services Authority
2. Determination of the use of the Company's net profit for the financial 2023;
                                                                                     Regulations related to the transaction).
3. Appointment of a Public Accounting Firm to audit the Company's Financial
   Statements of 2024 and other requirements regarding the appointment.
                                                                                                                Jakarta, 24 Juni 2024
4. Determination of salary or honorarium, bonuses and allowances for members
                                                                                                                  PT FAP AGRI Tbk
   of the Board of Commissioners as well as salary or honorarium, bonuses and
                                                                                                                 Corporate Secetary
   allowances for members of the Company's Board of Directors.
                                                                                                                Henryzal M Panjaitan
5. Guarantee approval of more than 50% (fifty percent) of the Company's net
   worth in order to obtain a bank loan facility.

A. Time : 09.12 WIB s/d 09.39 WIB
B. Members of the Board of Directors and Board of Commissioners of the
   Company present at the Meeting:
   Directors :
   • President Director : Ricky Tjandra
   • President Commissioner : Donny
   • Independence Commisioner : Muhamad Salim, SH
C. The meeting was attended by 2.959.780.300 shares, who have valid voting
   rights or equivalent to approximately 81,76% of the total number of shares with
   valid voting rights that have been issued by the Company.
D. In the Meeting, the opportunity is given to ask questions and/or provide
   opinions regarding the entire Agenda of the Meeting.
E. There were no questions and/or opinions submitted by the shareholders or
   their proxies in all Meeting Agendas.
F. The decision-making mechanism in the Meeting is as follows: Meeting
   decisions are taken by way of deliberation and consensus. If deliberation to
   reach consensus is not reached, then a vote is held.
G. Results of decision making for the 1st (First), 2nd (Second), 3 (Third), 4
   (Fourth), 5 (fifth).
H. In essence, the Meeting Resolutions are as follows:

  First Meeting Agenda :
  Accepting the Board of Directors' Report regarding the Company's operations
  including the Board of Commissioners' Supervisory Duty Report for the
  Financial Year 2023. With the receipt of the Board of Directors' Report
  regarding the Company's operations and the Board of Commissioners'
  supervisory task report for the 2023 financial year, it also means giving full
  release and settlement (Acquit et de charge) to the Board of Directors and the
  Board of Commissioners of the Company for their management and
  supervisory actions during the 2023 financial year, as long as these actions are
  not criminal acts and are reflected in the Statement of Financial Position and
  the Company's Income Statement.

  Second Meeting Agenda :
  Approved not to distribute Dividends for year 2023.

  Third Meeting Agenda :
  Delegating authority to the Company's Board of Commissioners by paying
  attention to the recommendations of the Audit Committee to select and appoint
  a Registered Public Accountant to audit the Company's books for the 2024
  financial year and to authorize the Company's Board of Directors to determine
  the honorarium and other requirements for the appointment, including
  establishing a replacement Public Accountant Firm in the case of The
  appointed Public Accountant for any reason cannot perform or complete his
  work, with the criteria set by the Company.