20240416_TINS_Pemanggilan RUPS_31626380_lamp2.pdf

Explanation of the Second Meeting Agenda:
Referring to the provisions of Article 26 paragraph 6 of the Company's Articles of Association

in conjunction with Article 71 paragraph 3 of the Company Law.

Determination of Remuneration (salary/honorarium, facilities and allowances) for the financial
year 2024 and Tantiem for the financial year 2023 for Board of Directors and Board of
Commissioners of the Company.

Explanation of the Third Meeting Agenda:
Referring to the provisions of Article 11 paragraph (19) of the Company's Articles of

Association in conjunction with Article 96 paragraph (1) of the Company Law and Article 14
paragraph (30) of the Company's Articles of Association in conjunction with Article 113 of the
Company Law which states that the salary/honorarium, tantiem, and other facilities and
benefits for members of the Board of Directors and Board of Commissioners of the Company
shall be determined by the GMS.

Determination of the Public Accountant (AP) and/or Public Accounting Firm (KAP) to audit the
Company's Consolidated Financial Statements and Financial Statements of the Micro and
Small Business Funding Program (PUMK) for the Financial Year 2024.

Explanation of the Fourth Meeting Agenda:

Referring to the provisions of Article 21 paragraph (2) letter c of the Company's Articles of
Association in conjunction with Article 13 of the Financial Services Authority Regulation
Number 13/POJK.03/2017 concerning the Use of Public Accountant Services and Public
Accounting Firms in Financial Services Activities and the provisions of Article 33 paragraph
(3) of Permen BUMN No-1/2023 which reguires to appoint a Public Accountant and Public
Accounting Firm at the Company's Annual GMS.

Accountability Report on the Realization of the Use of Proceeds from the Company's Public
Offering during 2023:

e Timah Sustainable Bond | Phase II Series B Year 2019,
e Timah Sustainable Sukuk Ijarah I Phase II Year 2019.

Explanation of the Fifth Meeting Agenda:

Referring to the provisions of the Financial Services Authority Regulation No.
30/POJK.04/2015 concerning the Report on the Realization of the Use of Proceeds from
Public Offerings.

Changes in the Composition of the Company's Management.

Explanation of the Sixth Meeting Agenda:

Referring to the Regulation of the Minister of BUMN No. 2/2023 regarding the Fulfillment of
the Company's Risk Management Organs,

The expiration of the term of office of the members of the Board of Commissioners of the
Company at the time of the AGMS in 2024, as follows:

a. Mr. M Alfan Baharudin (President Commissioner),

b. Mr. Rustam Effendi (Commissioner).

Whose term of office ends at the 5th Annual GMS after appointment at the Extraordinary GMS
on February 10, 2020.

Notes:

. The Company does not send a special invitation to the Shareholders, because this Invitation
applies as an official invitation.

Pursuant to Article 23 paragraph (2) of POJK No. 15/2020, Shareholders who are entitled to
attend and vote at the Meeting must be registered in the Company's Shareholders Register
or in a securities account at PT Kustodian Sentral Efek Indonesia ("KSEI") at the close of
trading of the Company's shares on the Indonesia Stock Exchange, on Tuesday, April 05,
2024.

. Participation of Shareholders in the Meeting can be done with the following mechanism:
a. Physically present at the Meeting:
b. Attend the Meeting  electronically through the  cASY.KSEI application
(hitps://akses.ksei.co.id/), or
c. Be represented by another party by granting power of attorney electronically through the
@ASY.KSEI application (https://akses.ksei.co.id/) or granting power of attorney in writing.

. Shareholders who are present in person, electronically or provide electronic power of attorney

(e-proxy) through the eASY.KSEI application are Shareholders whose shares are kept in the

collective custody of KSEI. To use the eASY.KSEI application, Shareholders can access the

@ASY.KSEI menus at the AKSes.KSEI facility (https://akses.ksei.co.id), with due observance

of the following provisions:

a. Shareholders inform their attendance or appoint their proxies and/or submit voting choices
on the eASY.KSEI application, no later than 12.00 WIB on 1 (one) business day before
the date of the Meeting.

b. Shareholders who will attend electronically or give their proxies electronically to the
Meeting through the eASY.KSEI application, must pay attention to the following matters:
Ii. Registration process,

ii. The process of submitting guestions and/or opinions electronically,

ii. Voting Process,

iv. Broadcast of the GMS.

Guidelines for registration, usage, and further explanation of eASY.KSEI can be
downloaded through the eASY.KSEI website or on the Companys website
(https://timah.com/blog/hubungan-investor/rapat-umum-pemegang-saham.html).

c. In addition to granting power of attorney electronically, Eligible Shareholders may grant
power of attorney in writing by using the Power of Attorney form which can be downloaded
on the Company's website (https://timah.com/blog/hubungan-investor/rapat-umum-
pemegang-saham.html). and if completed must be submitted to the Company's Securities
Administration Bureau PT EDI Indonesia, Wisma SMR Lt. 10 Jl. Yos Sudarso Kav. 89
Jakarta 14360, Tel. (021) 6505829, Email corporate@edi-indonesia.co.id on each
business day from the date of the invitation to the Meeting until no later than Tuesday,
May 07, 2024 until 16.00 WIB.

Eligible Shareholders present under a Power of Attorney shall apply the provisions that
members of the Board of Directors, Board of Commissioners and employees of the Company
may act as proxies in the Meeting but their votes will not be taken into account in voting at the
Meeting. The form of Power of Attorney can be downloaded on the Company's website
(https://timah.com/blog/hubungan-investor/rapat-umum-pemegang-saham.html).

6.

10.

Eligible Shareholders or their proxies who will physically attend the Meeting are reguested to
submit a photocopy of their Identity Card or other valid identification to the registration officer
before entering the Meeting room. Shareholders in the form of Legal Entities are reguested to
bring a photocopy of the Articles of Association as well as the latest and effective deed of
appointment of members of the Board of Directors and Board of Commissioners or their
management in accordance with applicable regulations. Shareholders in the collective
custody of KSEI are reguired to show Written Confirmation for GMS ("KTUR") to the
registration officer before entering the Meeting room. In the event that the Shareholder is
unable to show the KTUR, the Shareholder may still attend the Meeting as long as his/her
name is registered in the Company's Shareholders Register and brings a verifiable identity in
accordance with the applicable provisions.

Shareholders who have granted power of attorney in point 4 above, can submit guestions on
the agenda through email to the Company corsec@pttimah.co.id with copied to bae@edi-
indonesia.co.id and the guestions will be submitted at the Meeting by the Proxy and recorded
in the Minutes of Meeting prepared by the Notary, and the answers to the guestions will be
submitted via email to the Shareholders no laterthan 3 (three) working days after the Meeting.

The Notary, assisted by the Securities Administration Bureau, will check and count the votes
for each agenda item of the Meeting in each decision of the Meeting on that agenda item,
including those based on votes that have been submitted by the Shareholders through
@ASY.KSEI or submitted at the Meeting.

The Company informs all Shareholders of the Company the following matters:

The Company does not provide printed materials and souvenirs.

The Company informs that the Meeting materials are available on the Company's website
www.timah.com from the date of this Invitation until the date of the Meeting, provided that the
curriculum vitae of the candidates for the Company's Management to be appointed will be
available at the latest at the time of the Meeting as stipulated in the Regulation of the Minister
of State-Owned Enterprises Number PER-3/MBU/03/2023 concerning Organs and Human
Resources of BUMN.

To facilitate the organization and orderliness of the Meeting, Shareholders or their authorized
proxies who will be physically present at the Meeting are kindly reguested to be at the Meeting
venue no laterthan 1 (one) hour before the Meeting begins.

Jakarta, April 16, 2024
Board of Directors
PT TIMAH Tbk