20240430_AKRA_Ringkasan Risalah//Risalah RUPS_31632046_lamp2.pdf

             5. Approval of the plan to transfer some buyback shares of the Company (treasury shares) through the
                establishment and implementation of Management and Employee Stock Option Program with total of
                156,500,000 shares or 0.78% of the issued and fully paid-up capital of the Company.

      II.     FULFILLMENT OF LEGAL PROCEDURE FOR ORGANIZING THE MEETING:
              1. The Notice on the plan of organizing the Meeting was intimated to Indonesian Financial Services Authority
                 (hereinafter referred to as "OJK") vide the Company’s letter dated 13 March 2024 Number 022/L-AKR-
                 CS/2024 regarding the Plan of Annual General Meeting of Shareholders of PT AKR Corporindo Tbk.
              2. The Announcement and the invitation to the Company's shareholders published through advertisements
                 respectively on 20 March 2024 and 5 April 2024, all of which are advertised through Indonesia Stock
                 Exchange website, eASY.KSEI website and the Company's website www.akr.co.id.
              3. The meeting was held in hybrid manner; physically and electronically using eASY.KSEI application.

      III.    DECISIONS TAKEN AT THE MEETING:
              - For each discussion of the Meeting Agenda, the Meeting provided opportunity to the attending
                shareholders and attorneys of the shareholders to ask questions and/or give opinions relating to the
                Meeting’s Agendas.
              - During the meeting 2 shareholders and/or attorneys asked question or opinion for the First Agenda, 1
                shareholder and/or attorneys asked question or opinion for the Fourth and Fifth Agenda.
              - Decision-making was conducted by voting; physically and electronically.
              - The results of the voting are as follows:

                     Abstain                       Against                          For                         Total Agree
Agenda
               Shares        %              Shares            %            Shares           %              Shares           %
  1          392,052,881 2.270842%           8,633,100    0.050005%     16,863,960,789 97.679153%       17,256,013,670 99.949996%
  2          218,096,688 1.263256%                 100    0.000001%     17,046,549,982 98.736743%       17,264,646,670 99.999999%
  3          218,096,688 1.263256%       1,490,642,722    8.634076%     15,555,907,360 90.102668%       15,774,004,048 91.365924%
  4          218,096,688 1.263256%       1,217,043,741    7.049341%     15,829,506,341 91.687403%       16,047,603,029 92.950659%
  5          290,171,688 1.680728%       3,304,995,722 19.143141%       13,669,479,360 79.176131%       13,959,651,048 80.856859%

                - In accordance with Article 11 Paragraph 18 of Article of Association of the Company, the
                  abstention/blank voice shall be deemed to be in the same vote as the majority ones, accordingly the
                  total pro votes decide to approve the proposal of the Meeting’s Agenda.
                - The results of voting are based on calculations by PT Raya Saham Registra (the Shares Administration
                  Bureau appointed by the Company) along with Aryanti Artisari, S.H., M.Kn. (public notary appointed by
                  the Company to draw the minutes of Meeting).

             Decisions on Agenda No 1:
             1. Approved the Company’s Annual Report for the fiscal year ended on December 31, 2023 which, inter alia,
                contains the Report of the Board of Directors concerning the Company’s business management and
                financial administration as well as the report of the Board of Commissioners on their supervisory task for
                the fiscal year ended on December 31, 2023.
             2. Ratified the Company's Financial Statement for the fiscal year 2023 audited by "PURWANTONO,
                SUNGKORO & SURJA" Public Accounting Firm (a member firm of Ernst & Young Global Limited) with
                the opinion "fairly in all material respects" as proven by the report dated March 20, 2024 Number
                00252/2.1032/AU.1/05/0685-4/1/III/2024.
             3. Provided full acquittal and discharge ("volledig acquit et de charge") to all members of the Company’s
                Board of Directors and Board of Commissioners for the management and supervisory actions that they
                have conducted during the fiscal year 2023, provided that such actions include the actions relating to
                business activities that are derived from the Company's main business activities and reflect in the
                Company's Annual Report and Financial Statements for the fiscal year ended on December 31, 2023.

Decisions on Agenda No 2:
1. Approved the use of profit for the year attributable to the equity holders of the parent entity amounting
   to Rp2,403,334,889,000,00 as follows:
   a. Rp200,000,000 for the Reserve Fund in accordance with Article 70 of the Law on Limited Liability
        Company and Article 23 of the Company's Articles of Association.
   b. The amount of Rp2,467,146.200,000.00 shall be distributed to all legitimate shareholders of the
        Company as cash dividends or 88.73% of the profit for the year attributable to the equity holders
        of the parent entity, deducted by the amount of interim dividends which had been previously
        distributed to the shareholders based on:
        Interim Dividend 1
        - The Board of Directors Decision on July 24th’ 2023 amounting to Rp986,858,480,000.00 or
        Rp50.00 per share with the number of shares outstanding at that time.
        Interim Dividend 2
        - The Board of Directors Decision on October 23rd’ 2023 amounting to Rp493,429,240,000.00 or
        Rp25.00 per share with the number of shares outstanding at that time.
        Further the dividends to be paid to the shareholders Rp986,858,480,000,00 or Rp50 per share
        with the number of shares outstanding at this time is 19,737,169,600 shares (after deducting the
        treasury stock a total of 336,305,000 shares).
        Furthermore, the Cash Dividend payment will be made based on the Shareholder List (Recording
        Date), dated 14 May 2024 as at 16.00 Western Indonesia Time Zone, subject to the date of Cum
        and Ex dividends in accordance with the Indonesia Stock Exchange Regulations, and also to
        authorize the Board of Directors to further regulate the procedures for the distribution of dividends
        in accordance with the applicable laws and regulations.
   c. The remaining amount of Rp313,003,311,000.00 recorded as the Retained Profit and used as the
        Company’s Working Capital,
2. Provided power and authority to the Company’s Board of Directors to perform all necessary actions
   relating to the implementation of the Company's net profit use for the fiscal year ended on December
   31, 2023.

Decisions on Agenda No 3:
1. Appointed Purwantono, Sungkoro & Surja Public Accountant Firm (a member firm of Ernst & Young
   Global Limited) to audit the Company's consolidated Financial Statements for fiscal year of 2024 and
   authorized the Company’s Board of Commissioners to determine honorarium and other requirements
   in accordance with applicable provisions in connection with the appointment of the public accountant
   office.
2. Provided authorization and authority to the Board of Commissioners to appoint a Substitute Public
   Accounting Firm for auditing the Company's consolidated Financial Statements for the fiscal year of
   2024, including to determine honorarium and other requirements in accordance with applicable
   provisions, in the event that the Public Accountant Firm is hindered or unable to execute its duties due
   to any reasons.

Decisions on Agenda No 4:
1. Determined for all members of the Company's Board of Commissioners, the maximum honorarium of
   IDR 390,000,000,00 (Three hundred ninety million Rupiahs) per month which will be paid 13 times in
   one year plus other allowances with effect from 29 April 2023 and provide authority to the President
   Commissioner to determine the distribution of the amount of honorarium among members of the
   Company's Board of Commissioners, taking into account the opinion of the Company's Nomination
   and Remuneration Committee.
2. Delegating authority to the Company's Board of Commissioners to determine the amount of salary
   and other benefits for each member of the Company's Board of Directors.

        Decisions on Agenda No 5:
        1. Approved the plan to transfer some Treasury Stock in the amount of 156,500,000 shares or 0.78%
            of the issued and fully paid-up capital in the Company, through the Management and Employee Stock
            Ownership program or referred to as the MESOP Program, including other matters related to
            implementation of the MESOP program.
        2. Provided authorization and power to the Directors who are members of the Company's MESOP
            Committee to determine the criteria, quantity, price, implementation schedule and other conditions
            deemed appropriate by the Company's Directors and/or Board of Commissioners, regarding to the
            Company's MESOP Program implementation and provide all necessary actions in this regard.

The Meeting concluded with Chairman expressing sincere thanks to the shareholders and professionals present
on the conclusion of the discussion of all items listed in the meeting agenda,




                                         Jakarta April 30, 2024
                            The Board of Directors of PT AKR Corporindo Tbk