20240531_BREN_Ringkasan Risalah//Risalah RUPS_31644876_lamp2.pdf

         - Commissioner (Independent)            : Tan Ek Kia
         - Commissioner (Independent)            : Todung Mulya Lubis
         - Commissioner (Independent)            : Cholanat Yanaranop*

         *attended virtually via Zoom


C. Meeting Mechanism and Results of Voting:

   Following explanation on Agenda of the Meeting, the shareholders are given the opportunity
   to raise questions or provide feedbacks. Following such questions and/or feedback from the
   shareholders, the resolution was taken by way of deliberation to reach a consensus, if way
   of deliberation for consensus cannot be reached, then the vote was taken.

   The results of the voting on agenda of the Meeting are as follows:

       Agenda of                                  Number of Votes
        Meeting                 Agree                    Abstain                 Disagree
          1                130,140,248,169                3,200                      -
                            (99.9999975%)             (0.0000025%)
           2               130,140,102,269               149,100                     -
                            (99.9998854%)             (0.0001146%)
           3               130,128,820,342               148,500                11,282,527
                            (99.9912164%)            (0.0001141 %)            (0.0086695 %)
           4               130,140,102,269               149,100                     -
                            (99.9998854%)             (0.0001146%)
           5                         (does not require approval from shareholders)
           6               130,140,102,069               149,300                     -
                            (99.9998853%)             (0.0001147%)

   In accordance with Article 47 of Financial Services Authority (OJK) Regulation
   No.15/POJK.04/2020 dated 20 April 2020 regarding the Planning and Implementation of
   General Meeting of Shareholders for Public Companies (“POJK15/2020”), shareholders with
   valid voting rights who attend the Meeting but abstain (do not cast a vote) are considered to
   be given the same vote as the majority of the shareholders who voted. Therefore, the total
   agreed votes on each agenda of the Meeting are as follows:

   Agenda of Meeting
   - First Agenda                  : 130,140,251,369 (100.000000%)
   - Second Agenda                 : 130,140,251,369 (100.000000%)
   - Third Agenda                  : 130,128,968,842 (99.9913305%)
   - Fourth Agenda                 : 130,140,251,369 (100.000000%)
   - Fifth Agenda                  : does not require approval from shareholders
   - Sixth Agenda                  : 130,140,251,369 (100.000000%)


D. Questions/Opinions from Shareholders

   -     First Agenda              : No questions and/or opinions

   -   Second Agenda         : No questions and/or opinions
   -   Third Agenda          : No questions and/or opinions
   -   Fourth Agenda         : No questions and/or opinions
   -   Fifth Agenda          : Reporting only
   -   Sixth Agenda          : No questions and/or opinions

E. Results/Resolutions Adopted in the Meeting:

   The results/decisions of the Meeting are as follows:

   FIRST AGENDA

   The decision for the First Agenda is as follows:

       1. Approving the Company's Annual Report for the 2023 fiscal year, including the Board
          of Directors' Report and the Board of Commissioners' Supervisory Report, as well as
          the ratification of the Company's Consolidated Financial Statements and its
          subsidiaries for the fiscal year ending December 31, 2023, audited by Public
          Accounting Firm Tanudiredja, Wibisana, Rintis & Partners; and
       2. Granting full discharge (volledig acquit et decharge) to the Company's Directors for
          the management actions taken and to the Company's Commissioners for the
          supervisory actions taken during the 2023 fiscal year, insofar as such actions are
          reflected in the Company's Annual Report and Consolidated Financial Statements
          mentioned above and are not contrary to applicable laws and regulations.

   SECOND AGENDA

   The decision for the Second Agenda is as follows:

       1. Approving the use of the net profit for the 2023 fiscal year attributable to the owners
          of the parent entity amounting to USD 107.4 million, distributed as follows:
          a. USD 1.1 million or 1% to be set aside as reserves;
          b. USD 49.62 million or 46.2% to be paid as cash dividends (the Company has
              paid an interim dividend of USD 32.87 million on December 8, 2023, so the
              remaining cash dividend to be paid is USD 16.75 million);
          c. The remaining USD 56.68 million or 52.8% to be retained earnings to finance
              the Company's business activities.
       2. Approving the delegation of full authority to the Company's Directors to determine
          the schedule and implementation procedures for the distribution of these cash
          dividends and to announce them in accordance with applicable laws and
          regulations.

   THIRD AGENDA

   The decision for the Third Agenda is as follows:

    1. Delegate the authority and power to the Company's Board of Commissioners to
       appoint the Public Accountant and/or Public Accounting Firm to audit the
       Company's financial statements for the 2024 fiscal year, provided they meet the
       criteria set forth in this Meeting and still take into account the recommendations of
       the Audit Committee;
    2. Delegate the authority and power to the Company's Board of Commissioners to
       determine the honorarium and other terms related to the appointment of the Public
       Accountant and/or Public Accounting Firm while still considering the
       recommendations of the Audit Committee;
    3. Delegate the authority and power to the Company's Board of Commissioners to
       appoint a replacement Public Accountant and/or Public Accounting Firm if the
       initially appointed Public Accountant and/or Public Accounting Firm cannot complete
       the audit services for the Company's 2024 financial statements, including
       determining the honorarium and other fair terms for the replacement Public
       Accountant and/or Public Accounting Firm.

FOURTH AGENDA

The decision for the Fourth Agenda is as follows:

   1. Approving the determination of remuneration (salaries/honorarium and other
      benefits) for all members of the Company's Board of Commissioners, including
      Independent Commissioners, not exceeding a total of IDR 10.6 billion (ten point six
      billion Rupiah) per year from the closing of this Meeting, and further delegate the
      authority and power to the Company's Chief Commissioner to determine the amount
      of remuneration and/or other benefits for each member of the Board of
      Commissioners; and
   2. Approving the delegation of authority and power to the Company's Board of
      Commissioners to determine the amount of remuneration (salaries/honorarium and
      other benefits) for each member of the Board of Directors.

FIFTH AGENDA

The decision for the Fifth Agenda is as follows:

The Fifth agenda of the Meeting are for reporting purposes which do not require approval
from the shareholders.

SIXTH AGENDA

The decision for the Sixth Agenda is as follows:

Approving the proposed amendment to the use of proceeds from the initial public offering of
the Company's shares as follows:

   Previously:

   Capital injection into SEGHPL amounting to IDR 1,967,113,996,504 (one trillion nine
   hundred sixty-seven billion one hundred thirteen million nine hundred ninety-six thousand
   five hundred four Rupiah) or equivalent to USD 127,875,837 (one hundred twenty-seven
   million eight hundred seventy-five thousand eight hundred thirty-seven US dollars) to pay
   part of Facility B debt to Bangkok Bank.

   Amended to:

      1. Capital injection into SEGHPL amounting to IDR 1,431,080,000,000 (one trillion four
         hundred thirty-one billion eighty million Rupiah) or equivalent to USD 90,000,000
         (ninety million US dollars) to pay part of Facility B debt to Bangkok Bank;
      2. Capital injection into BWE amounting to IDR 497,388,996,504 (four hundred ninety-
         seven billion three hundred eighty-eight million nine hundred ninety-six thousand five
         hundred four Rupiah) to be used for:
         a. Payment of Tranche B facility from BNI amounting to USD 29,000,000 (twenty-
             nine million US dollars); and
         b. General corporate purposes of BWE.

This Notice on the Summary of Minutes of Meeting is announced in compliance with the
provision of Article 51 of POJK 15/2020.



                                  Jakarta, May 31, 2024
                            PT Barito Renewables Energy Tbk
                                    Board of Directors