20240528_ARTO_Laporan Informasi dan Fakta Material_31643092_lamp2.pdf

             Bank Jago Holds Annual General Meeting for the 2023 Fiscal Year

Jakarta, 22 May 2024 – PT Bank Jago Tbk held its Annual General Meeting of Shareholders
(AGMS) for the 2023 fiscal year today. The AGMS approved all the agenda items presented at
the meeting call, including the ratification of the company’s annual report for the 2023 fiscal year
and the appointment of the board of directors and commissioners for the 2024-2027 period.

As a technology-based bank that utilize a collaborative business model with the digital
ecosystem, Bank Jago reported positive achievements throughout 2023. This demonstrates
Bank Jago's consistency in prioritizing innovation and collaboration with the digital ecosystem,
resulting in quality growth in terms of customer numbers, third-party funds (DPK), and credit
disbursements.

By the end of 2023, Bank Jago reached 10.2 million customers, including 8.1 million funding
customers using the Jago App. The number of Jago App users increased by 3 million compared
to the end of 2022, which had 5.1 million users.

The increased number of Jago App users has positively affected the amount of third-party funds
(DPK). At the end of 2023, DPK amounted to IDR 12.1 trillion, growing 46% compared to IDR
8.3 trillion at the end of 2022. Loan disbursements also recorded growth, with loans reaching
IDR 13 trillion at the end of 2023, up 38% from IDR 9.4 trillion at the end of 2022.

Credit growth positively impacted asset growth, which increased by 26% to IDR 21.3 trillion from
IDR 17 trillion the previous year. Meanwhile, Bank Jago's net profit after tax reached IDR 72
billion, up 355% from IDR 16 billion in 2022.

“From the beginning, Bank Jago has consistently prioritized innovation and collaboration with
the digital ecosystem as our unique value proposition. Collaboration with our strategic partners,
including the GoTo ecosystem and online investment platforms Bibit and Stockbit, serves as the
entry point for customers to access Jago's financial products and services,” said Bank Jago
President Director Arief Harris Tandjung.

Aligned with the commitment to prioritize innovation and collaboration, the AGMS appointed
Supranoto Prajogo as the company's director, effective upon approval from the Financial
Services Authority (OJK). Supranoto has a career and experience spanning over 25 years in the
banking and financial industry. Before joining Bank Jago on 1 August 2023, as Head of Finance,
Technology & Operations, he served as Director of PT Kustodian Sentral Efek Indonesia from
2016-2023.

“Enriched by extensive experience in the banking and financial industry, we are confident that
Supranoto can strengthen Bank Jago’s consistency in innovation and collaboration,” said Arief.

Below is the composition of Bank Jago's board of directors approved by the AGMS:
President Director: Arief Harris Tandjung