20240517_SRSN_Pengumuman RUPS_31640187_lamp2.pdf

                                              (“Company”)
                                       Domiciled in West Jakarta

                              ANNOUNCEMENT TO SHAREHOLDERS


It is hereby announced to the Shareholders that PT. Indo Acidatama Tbk (the “Company”), shall convene
the Annual General Meeting of Shareholders (the “Meeting”) on Tuesday, 25 June, 2024.

In accordance with the provisions in the Company's Articles of Association Article 12 paragraph 9
point (3) and Financial Services Authority Regulation No. 15 / POJK.04 / 2020 concerning the Plan and
Organization of General Meeting of Shareholders of Public Companies ("POJK 15/2020") Article 17,
Summons for Meetings will be announced on Monday, June 3, 2024 through Indonesian Stock Ex-
change website, e-RUPS provider website and the Company's website ("Notice of Meeting").

Those who are entitled to attend or be represented at the Meeting are:

1. For the Company's shares which have not been included in Collective Custody, are only Sharehold-
   ers or the Company's authorized Shareholders whose names are recorded in the Company's Reg-
   ister of Shareholders as on Friday, 31 May 2024 at 16.00 WIB; and
2. For the Company's shares which are in KSEI Collective Custody Shareholders or Authorized Share-
   holders whose names are registered in the Register of Shareholders of the Company as on Friday,
   31 May 2024 at 16.00 WIB issued by KSEI.

Proposals from the Shareholders of the Company can be included in the agenda of the Meeting if it
meets the requirements as specified in the Articles of Association of the Company article 12 paragraph
8 and POJK 15/2020 Article 16. Proposed agenda of the Meeting must have been received by the Di-
rectors of the Company as the organizer of the Meeting, at least 7 (seven) days before the date of the
invitation for the Meeting.

By keeping in view the Status of Specific Emergency Disasters Outbreaks caused by Corona Virus Dis-
ease 2019 ("Covid-19") as announced by the Government of the Republic of Indonesia and the Imple-
mentation of Large-Scale Social Restrictions in the Province of the Special Capital Region of Jakarta,
the Company hereby appeals to Shareholders not to be physically present, but the Shareholder can
authorize an Independent Party, such as the Company's Registrar, namely PT. Sinartama Gunita and
based on Article 27 POJK 15/2020 the Company provides an alternative electronic authorization pro-
vided by the Indonesian Central Securities Depository (KSEI).

Further information regarding the power of attorney mechanism and other procedures related to the
holding of the Meeting will be conveyed by the Company in the Invitation to the Meeting.

                                         Jakarta, 17 May 2024
                                     The Directors of the Company