10. ANNOUNCEMENT ON THE SUMMARY OF THE MINUTES OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS PT SARATOGA INVESTAMA SEDAYA Tbk
ANNOUNCEMENT ON THE SUMMARY OF THE MINUTES OF
THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
PT SARATOGA INVESTAMA SEDAYA Tbk
In compliance with the provisions of Article 49 paragraph (1) and Article 51 of the Financial Services Authority Regulation No.15/POJK.04/2020 dated 21 April 2020 regarding the Plan and Implementation of the General Meeting of Shareholders of Public Companies (hereinafter referred to as the “POJK No. 15”), the Board of Directors of PT SARATOGA INVESTAMA SEDAYA Tbk (hereinafter referred to as the “Company”) hereby informs the shareholders, that the Company has held an Extraordinary General Meeting of Shareholders (hereinafter referred to as the “Meeting”):
A. On:
| Day / Date | : | Thursday / 16 May 2024 |
| Time | : | 11.05 – 11.11 Western Indonesia Time |
| Place | : | Raffles Jakarta, lantai 2, Djakarta Room, Ciputra World, Jl. Prof. Dr. Satrio, Kav. 3, Jakarta 12940. |
| Meeting Agenda | : | Approval on the use of Company’s treasury shares which are already owned by the Company until the date of this EGMS for Long Term Incentive Program of the Company. |
B. Members of the Board of Directors and the Board of Commissioners who attended the Meeting:
BOARD OF COMMISSIONERS
| President Commissioners | : | Edwin Soeryadjaya |
| Commissioners | : | Joyce Soeryadjaya Kerr* |
| Commissioners | : | Indra Cahya Uno |
| Independent Commissioners | : | Sidharta Utama |
| Independent Commissioners | : | Anangga W. Roosdiono |
BOARD OF DIRECTORS
| President Director | : | Michael William P. Soeryadjaya |
| Director | : | Lany Djuwita Wong |
| Director | : | Devin Wirawan |
* attend via teleconference media
C. The Meeting was attended by 12,185,895,750 shares with valid voting rights or 90.0225269% of all shares with valid voting rights issued by the Company.
D. During the Meeting, Shareholders and/or their proxies are given the opportunity to ask questions and/or provide opinions regarding the agenda of the Meeting.
E.
| Meeting Agenda 1 | : | No questions and/or responses |
F. The resolutions-making mechanism at the Meeting is as follows:
Meeting resolutions are made by way of deliberation to reach a consensus. If deliberation to reach a consensus is not reached then it is done by voting.
G. The results of resolutions made by voting:
MEETING AGENDA 1 :
| Approved | Abstain | Not approved |
| 12,171,836,535 votes or 99.8846272% of all shares with voting rights who attended the Meeting | 657,500 votes or 0.0053956% of all shares with voting rights who attended the Meeting | 13,401,715 votes or 0,1099773% of all shares with voting rights who attended the Meeting |
Resolutions of the Meeting Agenda 1:
-
- Approving to allocate up to 8,500,000 (eight million five hundred thousand) treasury shares for distribution to members of the Board of Directors and employees of the Company in 2024, for the implementation of the Long-Term Incentive Program, using the treasury shares which are already owned by the Company until the date of this Extraordinary General Meeting of Shareholders, which originated from the buyback of shares conducted by the Company as approved by the Company’s shareholders in the Extraordinary General Meeting of Shareholders held on 17 June 2020.
- Approving the granting of authority and power to the Board of Directors of the Company to take any actions and/or carry out any dealings as necessary and/or required to realize the implementation of the Long Term Incentive Program, in accordance with the prevailing law and regulations.
Jakarta, 17 May 2024
PT SARATOGA INVESTAMA SEDAYA Tbk
Board of Directors