20240513_PBID_Ringkasan Risalah//Risalah RUPS_31638403_lamp1.pdf

E. Voting Results
   The voting results which include eVoting votes from the KSEI system are as follows:
    Agenda                        Agree                     Disagree                     Abstain
    Agenda 1            1.601.553.610 shares               184.400 shares or           0 shares or 0,00%
                                       or 99,99%                      0,01%
    Agenda 2            1.601.553.410 shares               184.400 shares or        200 shares or 0,00%
                                       or 99,99%                      0,01%
    Agenda 3            1.601.553.410 shares               184.400 shares or        200 shares or 0,00%
                                       or 99,99%                      0,01%
    Agenda 4            1.601.552.910 shares               184.900 shares or        200 shares or 0,00%
                                       or 99,99%                      0,01%
    Agenda 5            1.601.396.010 shares               341.800 shares or        200 shares or 0,00%
                                       or 99,98%                      0,02%

F. Meeting’s Resolutions
   The results of the Meeting’s Resolutions are as follows:

    First Agenda Meeting
    Approved and ratified the Company’s Annual Report for the financial year 2023 including the Annual
    Report of the Board of Directors and the Supervisory Task Report of the Board of Commissioners of
    the Company as well as ratifying the Company’s Financial Statements for the financial year 2023,
    which has been audited by the Public Accounting Firm “Paul Hadiwinata, Hidajat, Arsono, Retno,
    Palilingan and Partners,” as stated in his report No. 00202/2.1133/AU.l/04/1669-4/1/III/2024 dated
    March 7, 2024 with the opinion “Fairly in all material respects,” thus clearing members of the Board
    of Directors and the Board of Commissioners of the Company from their responsibility and all
    liabilities (acquit et de charge) for the management and supervision actions that the Directors and the
    Board of Commissioners carried out during the financial year 2023, as long as their actions are stated
    in the Company’s financial statements for the financial year 2023.

    Second Agenda Meeting
    1. Approved the use of the Company’s profits that can be attributed to the owners of the Company
       for the financial year 2023, amounting to Rp 374.153.078.088,00 with the following details:
    A. Amount of Rp 300.000.000.000,00 was determined as cash dividends or in the amount of
       Rp160.00 per share.
    B. Rp 3,000,000,000 was determined as reserve funds to meet the provisions of Article 70 of the
       limited liability company law.
    C. The remainder was determined as retained earnings.

    2. Approval to grant power and authority to the Directors of the Company with substitution rights to
       determine the schedule and procedures for dividend distribution for fiscal year 2023 and
       announced it in accordance with applicable regulations.

    Third Agenda Meeting
    Approval to authorize the Board of Commissioners to appoint a Public Accountant to audit the
    Company's Financial Statements for the financial year 2024 and gave the Board of Commissioners
    the authority to determine the honorarium of the Public Accountant and other conditions of the
    appointment, and to appoint a substitute Public Accountant if the appointed Public Accountant, for
    whatever reason, cannot complete the audit task of the Company's Financial Statements for the
    financial year 2024, provided that in making the appointment of the Public Accountant, the Board of
    Commissioners must heed the recommendations of the Company's Audit Committee, and meet the

    criteria set out in POJK No. 13/POJK.03/2017 concerning the Use of Public Accountant Services and
    Public Accountant Offices in Financial Services Activities.

    Fourth Meeting Agenda
    1. Approved the delegation of authority to the Company's Board of Commissioners to determine the
       amount of salary and benefits and/or other incomes from members of the Directors of the
       Company for the financial year 2024.
    2. Approved the honorarium and other benefits of members of the Board of Commissioners of the
       Company for the financial year 2024 is at least the same as the financial year 2023.

    Fifth Agenda Meeting
    1. Approve the split of the nominal value of shares ("Stock Split"), namely 1 (one) old share with a
        nominal value of Rp. 100.00 (one hundred Rupiah) per share into 4 (four) new shares with a new
        nominal value of Rp. 25.00 (twenty five Rupiah) per share, thus:
        • the number of Company shares that have been issued by the Company was originally
        1,875,000,000 shares with a nominal value of Rp. 100.00 (one hundred Rupiah) per share will
        increase to 7,500,000,000 shares with a nominal value of Rp. 25.00 (twenty five Rupiah) per
        share.
        • The number of shares in the Company's Authorized Capital from 6,000,000,000 shares, each
        share with a nominal value of IDR 100.00 (one hundred Rupiah) to 24,000,000,000 shares, each
        share with a nominal value of IDR 25.00 (twenty five Rupiah).

        By splitting the nominal value of the shares (stock split), Article 4 paragraphs 1 and 2 of the
        Company's Articles of Association are amended .

Henceforth, Article 4 paragraphs 1 and 2 of the Company's Articles of Association shall read as follows:

                                                    CAPITAL
                                                    Article 4

1. The authorized capital of this Company is IDR 600,000,000,000,- divided into 24,000,000,000 shares,
each share has a nominal value of IDR 25.00 (twenty five Rupiah).
2. From the Authorized Capital, a total of 7,500,000,000 shares have been placed and subscribed and
fully paid up, each with a nominal value of Rp. 25.00 (twenty five Rupiah) with a total nominal value of Rp.
187,500,000,000.-.

2. In connection with the split of the nominal value of shares (stock split), the Board of Directors of the
Company authorizes the Company's Directors with the right of substitution to carry out all actions
necessary to carry out the split of the nominal value of shares, including arranging the procedures and
schedule for implementing the nominal value of shares, and stating in notarial deed regarding changes to
Article 4 paragraphs 1 and 2 of the Company's articles of association, and submit to the authorized
agency to obtain approval and/or receipt of notification of changes to Article 4 paragraphs 1 and 2 of the
Articles of Association and do everything deemed necessary and useful for these needs.

G. Schedule and Procedures for the Distribution of Cash Dividends for Fiscal Year 2023
   In accordance with the decision of the Second Agenda Meeting as mentioned above, where the
   Meeting has decided to pay cash dividends to the Company's shareholders in the amount of
   Rp300.000.000.000,00 or Rp 160.00 per share and authorized the Board of Directors to determine
   the schedule and procedure for dividend distribution for fiscal year 2023 according to the applicable
   regulations.

    In connection with this matter, it is hereby notified of the schedule and procedures for distribution of
    cash dividends for fiscal year 2023 as follows:

    Schedule for Cash Dividend Distribution:
    NO DESCRIPTION DATE
    1. End of Stock Trading Period with Dividend Rights (Cum Dividend)
         • Regular and Negotiation Markets       : 21 May 2024
         • Cash Market                           : 27 May 2024

    2. Early Trading Periods of Stocks Without Dividend Rights (Ex Dividends)
         • Regular and Negotiation Markets        : 22 May 2024
        • Cash Market                             : 28 May 2024

    3. Date of List of Shareholders entitled to Dividend (Recording Date) : 27 May 2024

    4. Cash Dividend Payment Date                  : 6 June 2024


Procedures for Distribution of Cash Dividends:
1. Cash Dividends will be distributed to Shareholders whose names are registered in the Company's
Register of Shareholders ("DPS") or recording date on May 27 2024 and/or company share owners in
securities sub-accounts at PT Kustodian Sentral Efek Indonesia ("KSEI" ) at the close of trading on May
27, 2024.
2. For Shareholders whose shares are placed in KSEI's collective custody, cash dividend payments will
be made through KSEI and will be distributed on June 6 2024 into the Customer Fund Account (RDN) at
the securities company and/or custodian bank where the Shareholder opened a securities account.
Meanwhile, for Shareholders whose shares are not included in KSEI's collective custody, cash dividend
payments will be transferred to the Shareholder's account.
3. Cash dividends will be taxed in accordance with applicable tax laws and regulations.
4. Based on applicable tax laws and regulations, cash dividends will be excluded from taxation if they are
received by domestic corporate taxpayer shareholders ("DN Corporate Taxpayers") and the Company
does not withhold Income Tax on cash dividends paid to Taxpayers. The DN Agency. Cash dividends
received by domestic individual taxpayer shareholders ("WPOP DN") will be exempt from tax as long as
the dividends are invested in the territory of the Unitary State of the Republic of Indonesia. For DN
WPOPs who do not meet the investment requirements as stated above, the dividends received by the
person concerned will be subject to income tax ("PPh") in accordance with the applicable statutory
provisions, and the PPh must be paid by the DN WPOP concerned themselves in accordance with with
the provisions of Government Regulation no. 9 of 2021 concerning Tax Treatment to Support Ease of
Doing Business.
5. The Company's shareholders can obtain confirmation of dividend payments through a securities
company and/or custodian bank where the Company's shareholders open a securities account, then the
Company's shareholders must be responsible for reporting the receipt of said dividends in the tax
reporting for the relevant tax year in accordance with statutory regulations. applicable taxation.
6. Shareholders who are Overseas Taxpayers whose tax deductions will use rates based on the Double
Taxation Avoidance Agreement ("P3B") are required to fulfill the requirements of Director General of
Taxes Regulation No. PER25/PJ/2018 concerning Procedures for Implementing Double Taxation
Avoidance Agreements and submitting documents as proof of record or receipt of DGT/SKD which have
been uploaded to the Directorate General of Taxes' website to KSEI or BAE in accordance with KSEI
rules and regulations, without the said documents, cash dividends are paid will be subject to PPh article
26 of 20%.



                                            Tangerang, 15 May 2024
                                           PT Panca Budi Idaman Tbk
                                               Board of Directors