20240327_BEEF_Pemanggilan RUPS_31620091_lamp2.pdf

    Henceforth, the composition of the Company's shareholders is as follows:
    a. ASIA AGRI INTERNATIONAL Pte. Ltd., in the amount of 4,963,609,524 (four billion nine
       hundred sixty-three million six hundred nine thousand five hundred twenty-four) shares with a total
       nominal value of Rp356,405,470,032 (three hundred fifty-six billion four hundred five million four
       hundred seventy thousand thirty-two Rupiah);
    b. EDIE, in the amount of 637,500,000 (six hundred thirty-seven million five hundred thousand)
       shares with a total nominal value of Rp43,350,000,000 (forty-three billion three hundred and fifty
       million Rupiah); and
    c. PUBLIC, in the amount of 1,430,261,895 (one billion four hundred thirty million two hundred
       sixty-one thousand eight hundred ninety-five) shares with a total nominal value of
       Rp138,675,789,500 (one hundred thirty-eight billion six hundred seventy-five million seven
       hundred eighty-nine thousand five hundred Rupiah),

       The total number of shares is 7,031,371,419 (seven billion thirty-one million three hundred seventy-
        one thousand four hundred nineteen) shares with a total nominal value of Rp538,431,259,532 (five
        hundred thirty-eight billion four hundred thirty-one million two hundred fifty-nine thousand five
        hundred thirty-two Rupiah).

2. Approval to encumber as debt collateral a part of the Company’s assets which constitute more than
   50% (fifty percent) of the Company's total net assets in 1 (one) transaction and grant power and
   authority with substitution rights to the Company’s Board of Directors to carry out all actions in
   connection with the provision of such debt collateral, including but not limited to making or requesting
   to be made and signing all deeds, letters and documents required and to appear before authorized
   parties/officials, including notaries.

    Explanation
    The Company plans to obtain a loan directly from a commercial bank in Indonesia. To secure the
    repayment of such loan, the Company will provide collateral to the bank in the form of assets with a
    value exceeding 50% (fifty percent) of the Company's net assets in 1 (one) or more transactions,
    whether related to each other or not. Thus, in accordance with the provisions of Article 15 paragraph
    10 of the Company's articles of association and Article 102 paragraph (1) of Law No. 40 of 2007
    concerning Limited Liability Companies, the Company must obtain Meeting approval in advance.

3. Approval for changes in the composition of the Company's Commissioners and Directors

    Explanation
    In accordance with the Company's articles of association and the Financial Services Authority
    Regulation No. 33/POJK.04/2014 on the Board of Directors and Board of Commissioners of Issuers
    or Public Companies, the appointment, dismissal, and/or replacement of members of the Board of
    Commissioners and Board of Directors shall be carried out with the approval of the general meeting
    of shareholders.

Notes:
1. This invitation is valid as an invitation to the above Meeting, the Company’s Board of Directors is not
   sending a special invitation to the Company's shareholders, because in accordance with the provisions
   of the Company's Articles of Association and the Financial Services Authority Regulation No.
   15/POJK.04/2020 of 2020 on the Planning and Organization of the General Meeting of Shareholders
   of Public Companies, the invitation of the Meeting to the shareholders must be made at least through
   the PT Kustodian Sentral Efek Indonesia (KSEI) Platform Electronic General Meeting System

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    (eASY.KSEI) which can be accessed through htpps://akses.ksei.co.id, the Indonesia Stock Exchange
    website www.idx.co.id, and the Company's website www.kibif.com.

2. The shareholders who are entitled to attend the Meeting are shareholders of the Company whose names
   are recorded in the Company's Shareholders Register or the owners of the securities account balances
   in the collective custody of KSEI at the close of the share trade in the Indonesia Stock Exchange on
   March 26th, 2024.

3. The Company appeals to the Shareholders who are entitled to attend the Meeting whose shares are
   included in KSEI's collective custody, to give power of attorney electronically through the eASY.KSEI
   facility in the link https.//akses.ksei.co.id provided by KSEI as an electronic authorization mechanism
   in the process of holding the Meeting.

4. In the event that the shareholders are not yet able to access eASY.KSEI, the shareholders can download
   the power of attorney provided in the Company's website www.kibif.com, and send the power of
   attorney that has been signed on sufficient stamp duty to PT Adimitra Jasa Korpora, located at Jl. Kirana
   Avenue III Blok F3 No. 5, Kelapa Gading, North Jakarta 14250, no later than 3 (three) business days
   prior to the Meeting.

5. The deadline for providing an electronic declaration of attendance or electronic proxy and electronic
   vote in the eASY.KSEI application is no later than at 12.00 WIB on 1 (one) business day prior the
   Meeting date.

6. The shareholders who will attend or give electronic power of attorney to the Meeting through the
   eASY.KSEI application shall pay attention to the following:

    a.   Registration Process
         (i)   Local individual type shareholders who have not provided a declaration of attendance or
               proxy in the eASY.KSEI application by the deadline above and wish to attend the Meeting
               electronically must register attendance in the eASY.KSEI application on the date of the
               Meeting until the registration period of the Meeting is electronically closed by the
               Company.
         (ii) Local individual type shareholders who have provided a declaration of attendance but have
               not provided voting selection for a minimum of 1 (one) Meeting agenda in the eASY.KSEI
               application until the deadline above and wish to attend the Meeting electronically, must
               register attendance in the eASY.KSEI application on the date of the Meeting until the
               registration period of the Meeting is electronically closed by the Company.
         (iii) The shareholders who have given power of attorney to the proxy provided by the Company
               (Independent Representative) or Individual Representative but have not given voting
               selection for a minimum of 1 (one) Meeting agenda in the eASY.KSEI application until the
               deadline above, then the proxy representing the shareholders must register attendance in
               the eASY.KSEI application on the date of the Meeting until the registration period of the
               Meeting is electronically closed by the Company.
         (iv) The shareholders who have given power of attorney to the participant/Intermediary proxy
               (Custodian Bank or Securities Company) and have voted in the eASY.KSEI application
               until the deadline above, then the proxy representative who has been registered in the
               eASY.KSEI application must register attendance in the eASY.KSEI application on the date
               of the Meeting until the registration period of the Meeting is electronically closed by the
               Company.

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     (v)    The shareholders who have given a declaration of attendance or given power of attorney to
            the proxy provided by the Company (Independent Representative) or Individual
            Representative and have given vote selection for a minimum of 1 (one) or to all agenda of
            the Meeting in the eASY.KSEI application no later than the deadline above, then the
            shareholder or proxy does not need to register attendance electronically in the eASY.KSEI
            application on the date of the Meeting. Share ownership will automatically count towards
            the quorum attendance and voting selections that have been cast will be automatically
            counted in the Meeting votes.
     (vi)   Delay or failure in the electronic registration process as referred to in numbers (i) to (iv)
            for any reason will result in the shareholders or their proxies not being able to attend the
            Meeting electronically, and their share ownership is not counted as a quorum of attendance
            at the Meeting.

b.   The Process of the Electronic Submission of Questions and/or Opinions
     (i)   The shareholders or proxies have 3 (three) opportunities to submit questions and/or
           opinions at each discussion session per Meeting agenda. Questions and/or opinions per
           Meeting agenda can be submitted in writing by the shareholders or proxies by using the
           chat feature in the 'Electronic Opinions' column available in the E-Meeting Hall screen in
           the eASY.KSEI application. Provision of questions and/or opinions can be done as long as
           the status of the Meeting in the 'General Meeting Flow Text' column is "Discussion started
           for agenda item no. [ ]".
     (ii) The determination of the mechanism for conducting discussions per Meeting agenda in
           writing through the E-Meeting Hall screen in the eASY.KSEI application is the Company’s
           authority and this will be stated by the Company in the Meeting Rules of Conduct through
           the eASY.KSEI application.
     (iii) For the proxies who attend electronically and will submit questions and/or opinions of their
           shareholders during the discussion session per Meeting agenda, it is required to write down
           the name of the shareholder and the size of their share ownership followed by the relevant
           questions or opinions.

c.   Voting Process
     (i)   The electronic voting process is taking place in the eASY.KSEI application on the E-
           Meeting Hall menu, Live Broadcasting sub-menu.
     (ii) Shareholders who are present or represented by their proxies but have not given voting
           selection of the Meeting agenda as referred to in point 6 letter a numbers (i) to (iv), then
           the shareholders or their proxies have the opportunity to submit their voting selection
           during the voting period through the E-Meeting Hall screen in the eASY.KSEI application
           opened by the Company. When the electronic voting period per Meeting agenda begins,
           the system automatically runs the voting time with a maximum countdown of 5 (five)
           minutes. During the electronic voting process, you will see the status "Voting for agenda
           item no. [ ] has started" in the 'General Meeting Flow Text' column. If the shareholders or
           their proxies do not vote for a particular Meeting agenda until the status of the Meeting as
           seen in the 'General Meeting Flow Text' column changes to "Voting for agenda item no. [
           ] has ended", it will be considered as an abstention vote for the Meeting agenda concerned.
     (iii) Voting time during the electronic voting process is the standard time set on the eASY.KSEI
           application. The Company may determine a policy for the electronic direct voting time per
           agenda in the Meeting (with a maximum time of 5 (five) minutes per Meeting agenda) and
           will state it in the Meeting Rules of Conduct through the eASY.KSEI application.


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    d.   Watching the Meeting on the Meeting Broadcast
         (i)   The shareholders or their proxies who have been registered in the eASY.KSEI application
               no later than the deadline in point 5 can watch the ongoing Meeting through a Zoom
               webinar by accessing the eASY.KSEI menu, Meeting Broadcast submenu, located in the
               AKSes (https://akses.ksei.co.id/) facility.
         (ii) The Meeting Broadcast has a capacity of up to 500 (five hundred) participants, where the
               attendance of each participant will be determined on a first come first serve basis. For the
               shareholders or their proxies who do not have the opportunity to watch the Meeting through
               the Meeting Broadcast will still be considered valid to attend electronically and its share
               ownership and voting selections will be taken into account in the Meeting, as long as they
               have been registered in the eASY.KSEI application.
         (iii) The shareholders or their proxies who only watch the Meeting through the Meeting
               Broadcast but are not registered to be present electronically on the eASY.KSEI application,
               then the presence of shareholders or their proxies will be considered invalid and will not be
               included in the calculation of the quorum for the Meeting attendance.
         (iv) The shareholders or their proxies who watch the Meeting through the Meeting Broadcast
               have a raise hand feature that can be used to ask questions and/or opinions during the
               discussion session per Meeting agenda. If the Company allows by activating the allow to
               talk feature, the shareholders or their proxies can submit questions and/or opinions by
               talking directly. The determination of the mechanism for conducting discussions per
               Meeting agenda using the allow to talk feature contained in the Meeting Broadcast is the
               Company’s authority and it will be stated by the Company in the Meeting Rules of Conduct
               through the eASY.KSEI application.
         (v) To get the best experience in using the eASY.KSEI application and/or Meeting Broadcast,
               the shareholders or their proxies are advised to use the Mozilla Firefox browser.

7. The notary, assisted by the Securities Administration Bureau, will check and calculate the votes for
   each Meeting agenda for every Meeting decision taken on the agenda, including those based on votes
   submitted by shareholders through eASY.KSEI, as well as those submitted at the Meeting.


                                        Jakarta, 27 March 2024
                                       PT Estika Tata Tiara Tbk
                                          Board of Directors




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