20240503_MFMI_Ringkasan Risalah//Risalah RUPS_31634051_lamp2.pdf

The Meeting was attended by Shareholders and/or their proxies of 752.633.800 (seven hundred fifty two
million six hundred thirty three thousand eight hundred) shares which constituted 99,347% (ninety-nine
point three four seven per cent) of 757.581.000 (seven hundred fifty-seven million five hundred eighty-
one thousand) shares which are all shares that have been issued in the Company and which have valid voting
rights, taking into account the Company's Register of Shareholders as of 4 April 2024.

Whereas legally binding attendance and decision-making quorum provisions must take into account the
following provisions:
1. Law No. 40 of 2007 concerning Limited Liability Companies:
       Article 86 paragraph (1) of UUPT stipulates, the AGMS can be held if more than ½ (one half) of the
          total shares with voting rights or their legal proxies are present, unless the Law and/or Articles of
          Association determined a larger quorum; and
       Article 87 paragraph (1) of UUPT stipulates, the AGMS’s decisions are taken based on deliberation
          to reach consensus, and paragraph (2) stipulates that in the event that a decision based on
          deliberation for consensus is not reached, the decision is valid if it is approved by more than ½
          (one half) of the total votes cast except the law and/or articles of association determine that a
          decision is valid if it is approved by a larger number of agreeable votes.
2. Articles of Association of the Company, Article 14 paragraph (1) point (a) stipulates that the AGMS
      can be held if more than ½ (one half) of the total shares with voting rights or their legal proxies are present
      and the resolution of the GMS is valid if approved by more than ½ (one half) of the total shares with voting
      rights present in the GMS, unless otherwise stipulated in the applicable laws and regulations.
3. Financial Services Authority Regulation No. 15/POJK.04/2020 dated 21 April 2020 concerning Plans
      and Implementation of General Meeting of Shareholders of Public Companies Article 41 concerning
      Presence Quorum and Decision Quorum.

Therefore the provisions regarding the quorum as stipulated in the provisions as stated before have been
fulfilled and this AGMS can be held to discuss all the Meeting Agendas.

I.   MEETING AGENDA:

     1. Approval and ratification of the Directors’ report regarding the Company’s business operations and
         financial administration for the fiscal year ending on 31 December 2023, as well as approval and
         ratification of the Company’s Annual Report and Financial Statements for the fiscal year ending on
         31 December 2023. In addition, there was approval of the report on the supervisory duties of the
         Company’s Board of Commissioners and providing full acquittal and release of responsibility
         (Acquit et de Charge) to all members of the Board of Directors and the Board of Commissioners for
         the management and supervisory duties carried out throughout the fiscal year ending on
         31 December 2023.

     2. Determination of the use of the Company’s profits for the fiscal year ending on 31 December 2023.

     3. Appointment of an Independent Public Accountant to audit the Company’s Financial Statements for
         fiscal year ending on 31 December 2024 and granting authority to the Company’s Board of
         Commissioners to determine the amount of honorarium and other requirements for the
         appointment of an Independent Public Accountant.

     4. Appointment and/or confirmation of the composition of the Company’s Board of Directors and
         Board of Commissioners and determination of the salary/honorarium and/or other benefits for
         members of the Company’s Board of Directors and Board of Commissioners.

II.   FULFILLMENT OF LEGAL PROCEDURES FOR HOLDING MEETINGS:

      The Board of Directors of the Company has done the following:

      1. Submit a notification letter on the plan to hold this AGMS in the Company's Letter
         No. 010/e49CS/III/2024 to the Financial Services Authority on 14 March 2024;
      2. Announce the Plan of Meeting to the Shareholders on the Company’s website as well as on the
         KSEI and the Indonesia Stock Exchange's websites on 21 March 2024;
      3. Announce the Invitation for the Meeting to Shareholders on the Company’s website as well as on the
         KSEI and the Indonesia Stock Exchange’s websites on 5 April 2024; and
      4. Report and upload the above documents through the Integrated Electronic Reporting Facility for
         Issuers and Public Companies.

Prior to making decisions on the first, second, third and fourth Agenda Items, the Chairperson of the
Meeting gave an opportunity to Shareholders and their proxies who were physically present and who voted
via e-Proxy on the eASY.KSEI Application to ask questions and/or give opinions. In each of the first,
second, third and fourth Agenda Items, no one asked questions.

Decisions are taken by deliberation to reach a consensus, but if the Shareholders or Shareholders’
Attorneys do not approve or vote blank or abstain, then the decision is taken by voting.

The decisions at the Meeting are as follows:

III. MEETING RESOLUTIONS:

      FIRST AGENDA OF THE MEETING:

      Vote, Physically Present and via e-Proxy: 752.633.800 Shares
      Disagree               : -            Shares
      Blank Vote             : -            Shares
      Total Approved Votes : 752.633.800 Shares = 100%

      Therefore, Meeting with the Most Votes Decides:

      1. Accept and approve the Company’s Annual Report, as well as the report on the Board of Directors’
         management duties and the report on the Board of Commissioners’ supervisory duties concerning
         the condition and operations of the Company and Financial Administration for the 2023 fiscal year;
      2. Approve and ratify the Statement of Financial Position, Statement of Profit and Loss and Other
         Comprehensive Income, Report on Changes in Equity and Statement of Cash Flows of the
         Company that are included in the Company’s Financial Statements for the 2023 fiscal year. The
         Financial Statements have been audited by Public Accounting Firm Amir Abadi Jusuf, Aryanto,
         Mawar & Partners with Unqualified Opinion as evident from their report No:
         00217/2.1030/AU.1/05/1115-4/1/III/2024 dated 22 March 2024;
      3. Provide full acquittal and discharge (Acquit et de Charge) to all members of the Board of Directors
         for carrying out their management duties and to all members of the Board of Commissioners for
         executing their supervisory duties during the 2023 fiscal year as long as their actions are reflected
         in the Company’s Annual Report and Financial Statements for the 2023 fiscal year and up to the
         closing date of today’s Meeting.

SECOND AGENDA OF THE MEETING:

Vote, Physically Present and via e-Proxy: 752.633.800 Shares
Disagree               : -            Shares
Blank Vote             : -            Shares
Total Approved Votes : 752.633.800 Shares = 100%

Therefore, Meeting with the Most Votes Decides:

1. Approve the use of profits or net profits for the 2023 fiscal year, for:
   a. The Reserve Fund, as referred to in Article 70 paragraph 1 UUPT, Rp50,000,000 (fifty million
      Rupiah) would be set aside;
   b. A total of Rp28,030,497,000 (twenty-eight billion thirty million four hundred ninety-seven thousand
      Rupiah) or Rp37 per share will be distributed to 757,581,000 (seven hundred fifty-seven million five
      hundred eighty-one thousand) of the Company's issued shares in the form of cash dividends,
      which will be paid on 31 May 2024 to the Company's shareholders whose names are registered in
      the Company's Register of Shareholders on 15 May 2024;
   c. The remaining Rp65,018,198 (sixty five million eighteen thousand one hundred ninety eight
      Rupiah) is recorded as the retained earnings of the Company.

   Dividends will be paid in the following way:
   Dividends will be credited to the securities account of the Securities Company or Custodian Bank at
   KSEI. Dividend payments will comply with applicable taxation and regulatory provisions.

2. To authorize the Board of Directors of the Company to conduct all the matters related to the dividend
   distribution.

THIRD AGENDA OF THE MEETING:

Vote, Physically Present and via e-Proxy: 752.633.800 Shares
Disagree               : -            Shares
Blank Vote             : -            Shares
Total Approved Votes : 752.633.800 Shares = 100%

Therefore, Meeting with the Most Votes Decides:

Grant authority to the Company’s Board of Commissioners to select and appoint a Public Accounting
Firm that is registered with the Financial Services Authority and has a good reputation to audit the
Company’s bookkeeping for the 2024 fiscal year and authorizes the Company’s Board of
Commissioners to determine the honorarium and other requirements in connection with the
appointment of a Public Accountant Office.

FOURTH AGENDA OF THE MEETING:

Vote, Physically Present and via e-Proxy: 752.633.800 Shares
Disagree               : -            Shares
Blank Vote             : -            Shares
Total Approved Votes : 752.633.800 Shares = 100%

     Therefore, Meeting with the Most Votes Decides:

     1. Approved the resignation of Sandeep Jayant Potdar as Director of the Company, effective as of the
        closing of the Meeting, and provided full acquittal and discharge (Acquit et de Charge) as long as
        his actions are reflected in the Company’s Financial Statements;
     2. Approved that henceforth, the composition of the Company's Board of Commissioners and Board
        of Directors will be as follows:
        Board of Commissioners:
        President Commissioner               : Gregory Mark Lever
        Commissioner                         : Richard Gordon Johnstone
        Independent Commissioner             : Patricia Marina Sugondo

        Board of Directors:
        President Director                    : Joyce Housien
        Director                              : Siva Kumar K Indran
        Director                              : Sylvia Lestariwati F K
        where the term of office of the Board of Commissioners and Board of Directors of the Company above
        is for a period of 1 (one) period, namely as of the closing of this Meeting until the closing of the 2026
        Annual GMS which will be held in 2027, without prejudice to the right of the GMS to dismiss the
        members of the Board of Directors and Board of Commissioners of the Company at any time.
     3. Granted full authority and power to the Board of Commissioners of the Company to determine the
        remuneration system including salary, honorarium, allowances and/or other remuneration for each
        member of the Board of Commissioners and members of the Board of Directors of the Company on
        the basis of formulation based on performance orientation, market competitiveness and alignment of
        the Company's financial capacity to fulfil it, as well as to take actions and other necessary matters in
        connection with this matter.
     4. Granted authority and power of attorney with substitution rights to the Board of Directors of the
        Company to take all forms of action in connection with changes and appointments of members of the
        Board of Commissioners and members of the Board of Directors including but not limited to registering
        the composition of the members of the Board of Commissioners and Directors in the Company register
        and to propose and sign all applications and or other documents required without any exceptions in
        accordance with the prevalent laws and regulations.

Annual General Meeting of Shareholders closed on 11:11 Western Indonesian Time.

The decision of the Annual General Meeting of Shareholders (AGMS) mentioned above is then set forth in
the Deed of Minutes of Meeting dated thirty April two thousand twenty four (30-04-2024) Number: 07, made
by Me, Notary. The copy of the Deed is currently still in the process of being finalised through my office,
Notary.