20240611_PNGO_Ringkasan Risalah//Risalah RUPS_31660107_lamp2.pdf

NOTARIS - PPAT
HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.

JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email:notaris heriyanto@icloud.comHandphone: 0813-7777-8255
H - 2 50

Be Physically Present:
President Commissioner : Wilson Sutantio
Independent Commissioner : Khaidir Amypalupy H.Ms
President Director : Ferdy Surya Handojo
Finance Director : Meli Tantri
Industry & Management Director : Raymon Wahab
Plantation Director : Khairuddin Syahputra Harahap
Public : ?

The Meeting was attended by Shareholders and their proxies representing 632,166,600 (six
hundred thirty-two million one hundred sixty-six thousand six hundred) shares, or 80.925
(eighty point ninety-two percent) of the 781.250.000 (seven hundred cighty-one million two
hundred fifty thousand) outstanding shares of the Company entitled to vote,

IL MEETING AGENDA
Events Schedule :

»

Approyal of the Annual Report and Financial Statements for the fiscal year ended
December 31”, 2023:

Approval of the Appropriation of the Company's Net Income for the fiscal year ended
December 31", 2023,

Approval of the Determination of Remuneration for all directors of the Company's
Board of Commissioners, P

Approval of the Appointment of a Public Accounting Firm to “audit the Company's
Financial Statements for the fiscal year ending December 31", 2024, and authorization
to the Board of Directors to determine the amount of fees and other terms and
conditions.

UI.  FULFILLMENT OF LEGAL PROCEDURES FOR MEETING k
1. Notification to the Financial Services Authority (OJK) on April 22", 2024, regarding

5

the planned General Meeting of Shareholders,

Announcement to the Company's Shareholders regarding the Meeting, published on the
websites af the Indonesia Stock Exchange (IDX) and the Company, and the
@ASY.KSEI system on April 30", 2024,

NOTARIS - PPAT
HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.

JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email:notaris heriyanto@icloud.comHandphone: 0813-7777-8255
5 - z -850
3, Invitation to Shareholders to attend the Meeting, announced on the websites of the IDX

and the Company, and the eASY.KSEI system on May 16", 2024.

III. MEETING DESICIONS
FIRST MEETING AGENDA

# The meeting provided an opportunity for Shareholders or their proxies attending
electronically or physically to ask guestions and share their opinions on the First Agenda
Item. 2

@ During the Ouestion and Answer session, no Shareholders or proxies, whether attending
electronically (e-Proxy) or in person, raised guestions or expressed opinions.

e Decision making was conducted through electronic voting (e-Proxy) and physical voting
during the Meeting.

@ The results of the vote are as follows:

a. The shareholders who abstained number 5,100 (five thousand one hundred) shares or
eguivalent to 0.0008Y4 (zero point zero zero zero eight percent) of the total valid
shares present at the Meeting.

b. The shareholders who disagreed number 0 (zero) shares or 095 (zero percent) of the
total valid shares present at the Meeting.

c. The shareholders who agreed number 632,161,500 (six hundred thirty-two million one
hundred sixty-one thousand five hundred) shares or 99.9992”4 (ninety-nine point nine
nine nine two percent) of the total valid shares present at the Meeting.

In accordance with Article 14, paragraph (2), point 8 of the Company's Articles of

Association, abstentions are considered the same as votes in favor, resulting in a total of

632,166,600 (six hundred thirty-two million one hundred sixty-six thousand six hundred)

shares or 10094 (one hundred percent) of the valid shares present at the Meeting that decide

to approve the proposed resolution of the First Meeting Agenda.

« The decision of the First Meeting Agenda is as follows.:

“Approved and accepted the Annual Report and ratified the Consolidated
Financial Statement of the Company for the financial year ended December 31",
2023, which has been audited by the Public Accounting Firm of Heliantono &
Partner, as stated in the Audit Report dated March 27", 2024”

By approving the Annual Report and approving the Supervisory Report of the Board of

Commissioners and the Consolidated Financial Report, all members of the Board of'

Directors and the Board of Commissioners of the Company are granted full acguittal and

release from all responsibilities (aoguit er de charge) for their management and supervisory

NOTARIS - PPAT
HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.

JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email:notaris heriyanto@icloud.comHandphone: 0813-7777-8255

actions during the 2023 financial year, as reflected in the Annual Report and the
Consolidated Financial Report for the 2023 financial year.

SECOND MEETING AGENDA
e The meeting provided an opportunity for Shareholders or their proxies attending
electronically or in person to ask guestions and/or express opinions regarding the Second

Agenda Item.

. During the Ouestion and Answer session, no Shareholders or proxies, whether attending
electronically (e-Proxy) or in person, raised guestions or expressdd opinions.

«  Decision-making was conducted through electronic voting (e-Proxy) and physical voting
during the Meeting.

# The results of the vote are as follows:

a. The shareholders who abstained number 5,100 (five thousand one hundred) shares
or eguivalent to 0.0008Y46 (zero point zero zero zero eight percent) of the total valid
shares present at the Meeting.

b. The shareholders who disagreed number 0 (zero) shares or 0Y4 (zero percent) of the
total valid shares present at the Meeting.

c. The shareholders who agreed number 632,161,500 (six hundred thirty-two million
one hundred sixty-one thousand five hundred) shares or 99.999246 (ninety-nine
point nine nine nine two percent) of the total valid shares present at the Meeting.

In accordance with Article 14 paragraph (2) number 8 of the Company's Articles of
Association, abstentions are considered to be in agreement with the majority vote.
Therefore, the total votes in favor amounted to 632,166,600 (six hundred thirty-two million
one hundred sixty-six thousand six hundred) shares, or. 100Y4 (one hundred percent) of the
total valid shares represented at the Meeting, thereby approving the proposed resolution of
the Second Agenda Item.
» The result of the Second Meeting Agenda is as follows:
“Approving the use of the company's net profit for the fiscal year ending December
31", 2023, amounting to IDR 191,350,331,516 (one hundred ninety-one billion three
hundred fifty million three hundred thirty-one thousand five hundred sixteen
Rupiah) to the Parent Entity Owner as follows:
1. A final cash dividend of IDR 95,312,500,000 (ninety-five billion three hundred
twelve million five hundred thousand Rupiah), eguivalent to IDR 122 (one hundred
twenty-two rupiah) per share, will be distributed as follows:

NOTARIS - PPAT
HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.

JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email: ian berasap Da pang Lai anny Kagak 0813-7777-8255

2. An amount of IDR 54, "687,500, 000 (fifty- fu billion six hundred eighty-seven
million five hundred thousand Rupiah), eguivalent to IDR, 70 (seventy seven
rupiah) per share, was distributed to shareholders as an Interim Cash Dividend on
November 17", 2023. This was based on the Board of Directors' Decree No,
160/DIR/PU/X/2023 dated October 26", 2023, and appraved by the Board of
Commissioners' Decree No. 03/KOM/PU/X/2023 dated October 26", 2023.

b, The remaining amount of IDR 40,625,000,000 (forty billion six hundred twenty-

“five million Rupiah), eguivalent to Rp. 52 (fifty five rupiah) per share, will be
distributed to shareholders as a cash dividend with a recerding date of June 21",
2024,

2. The remaining net profit of the company is determined as retained carnings of the
company.
3. Giving authority to the board of Directors of the company. to arrange detailed

procedures for paying the remaining cash dividen.

THIRD MEETING AGENDA
e The meeting provided an opportunity for Shareholders or their proxies attending
electronically or in person to ask guestions and/or express opinions regarding the Third

Agenda Item.

«  During the Ouestion and Answer session, no Shareholders or proxies, whether attending
electronically (e-Proxy) or in person, raised guestions or expressed opinions.

e  Decision-making was conducted through electronic voting (e-Proxy) and physical
voting during the Meeting.

« The results of the vote are as follows:

a. Shareholders who abstained, totaling 6,100 (six thousand one hundred) shares, or
0.000974 (zero point zero zero zero nine percent) of the total valid shares present at
the Meeting.

b. Shareholders who disagreed, totaling 0 (zero) shares, or 044 (zero percent) of the
total valid shares present at the Meeting. .

c. Shareholders who approved, totaling 632,160,500 (six hundred thirty-two million
one hundred sixty thousand five hundred) shares, or 99.9991”4 (ninety-nine point
nine nine nine one percent) of the total valid shares present at the Meeting.

In accordance with Article 14 paragraph (2) point 8 of the Articles of' Association,
abstentions are considered the same as yotes in favor. Therefore, the total number of votes
in favor was 632,166,600 (six hundred thirty-two million one hundred sixty-six thousand

NOTARIS - PPAT

HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.
JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email:notaris heriyanto@icloud.comHandphone: 0813-7777-8255

six hundred) shares, or 1006 (one hundred percent) of the total valid shares represented at
the meeting, which approved the proposed decision of the Third Agenda Item.
« The result of the Third Meeting Agenda is as follows:

Grant authority to the Board of Commissioners to determine and establish the
salaries and allowances for members of the Board of Directors for the 2024
fiscal year, taking into account the recommendations of the Company's
Nomination and Remuneration Committee, and:

“Approve the salary and allowance determination for members of the Board of

Commissioners, amounting to a maximum of IDR 4,200,000,000 (four billion
two hundred million Rupiah) gross per year for the 2024 fiscal year, and
authorize the President Commissioner to determine the distribution of these
salaries and allowances among the members of the Board of Commissioners.

FOURTH MEETING AGENDA
e The meeting provided an opportunity for Shareholders or their proxies attending
electronically or in person to ask guestions and share opinions on the Fourth Agenda

Item,

#  During the Ouestion and Answer session, no Shareholders or proxies, whether attending
electronically (e-Proxy) or in person, raised guestions or shared opinions.

# Decision-making was conducted through electronic voting (e-Proxy) and in-person
voting during the Meeting.

« The results of the yoting are as follows:

2.

The shareholders who abstained number 5.100 (five thousand one hundred) shares
or eguivalent to 0.0008”4 (zero point zero zero zero eight percent) of the total valid
shares present at the Meeting.

The shareholders who disagreed number 0 (zero) shares or 04 (zero percent) of the
total valid shares present at the Meeting.

The shareholders who agreed number 632,161,500 (six hundred thirty-two million
one hundred sixty-one thousand five hundred) shares or 99.9992”4 (ninety-nine
point nine nine nine two percent) of the total valid shares present at the Meeting.

In accordance with Article 14 paragraph (2) number 8 of the Company's Articles of'
Association, abstentions are considered to be in agreement with the majority vote.
Therefore, the total votes in favor amounted to 632,166,600 (six hundred thirty-two
million one hundred sixty-six thousand six hundred) shares, or 10096 (one hundred

NOTARIS - PPAT
HERIYANTO, S.H.,M.Kn., C.L.A., C.T.L.

JalanGubernur H.A. BastariKomplek OPI Mall, RukoBlok D2 No. 10
(Belakang Bank Mandiri) Jakabaring, KabupatenBanyuasin, SumateraSelatan
Email: Btn Ba ani PAN an anang dala 7711-8255

percent) of the total valid Shara Tepreented at “he Meeting, thereby approving the
proposed resolution of the Fourth Agenda Item,
« The result of the Fourth Meeting Agenda is as follows:

“Approving and granting full authority to the Company's Board of
Commissioners to appoint a registered Public Accounting Firm with the Financial
Services Authority to conduct an audit of the Company's financial statements for
the fiscal year ending on December 31", 2024, and authorizing the Board of
Directors to determine the amount of honorarium and other reguirements."

The decisions from the meeting mentioned above are recorded in a Meeting Minutes Act dated
June 7 ", 2024, Number 32, which I, the Notary, have drafted. The copy of this act is currently
being finalized in our office.

This summary is submitted ahead of the copy of the aforementioned act, which I, the Notary,
will soon send to the Company once it is completed.