ANNOUNCEMENT OF THE SUMMARY OF MINUTES OF
THE ANNUAL AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF
PT SARATOGA INVESTAMA SEDAYA Tbk.
(the “Company”) -26 June 2018

The Board of Directors of the Company, domiciled in South Jakarta, hereby notifiy that the Company has held Annual General Meeting of Shareholders (“AGMS”) and Extraordinary General Meeting of Shareholders (“EGMS”) (hereinafter the AGMS and the EGMS jointly shall be referred to as the “Meeting”) on Tuesday, 26 June 2018 at 10:26 – 11:06 AM West Indonesia Time for AGMS and 11.09 – 11:23 AM West Indonesia Time for EGMS at the Office of PT Mitra Pinasthika Mustika Tbk, Lippo Kuningan 26th Floor, Jl. H.R. Rasuna Said Kav, B-12F, South Jakarta 12940, Indonesia, with the following Summary of Minutes of Meeting:

1. A. Member of the Board of Commissioners and the Board of Directors present in the Meeting

Board of Commissioners

Edwin Soeryadjaya President Commissioners

Indra Cahya Uno Commissioner

Joyce Soeryadjaya Kerr Commissioner

Sidharta Utama Independent Commissioner Anangga W. Roosdiono Independent Commissioner Board of Directors

Michael William P. Soeryadjaya President Director

Andi Esfandiari Director

1. B. Attendance Quorum of the Shareholders
2. Pursuant to Article 26 paragraph (1) point (a) of the Regulation of the Financial Services Authority No. 32/POJK.04/2014 on

Planning and Holding General Meeting of Shareholder of Listed Companies and Article 12 paragraph (1) point (a) of the Company’s Articles of Association, the Meeting may be held if attended by shareholders or their proxies representing more than ½ (one half) of total shares with valid voting rights which have been issued by the Company.

2. The AGMS was attended by valid shareholders or proxy of shareholders of the Company in the total of 2,559,644,100 (two billion five hundred fifty nine million six hundred forty four thousand one hundred) shares or equal to 94.396% (ninety four point three hundred ninety six percent) of the issued shares of the Company after being reduced by the shares that have

been bought back by the Company in the total of 1,355,800 (one million three hundred fifty five thousand eight hundred)

shares.

3. The EGMS was attended by valid shareholders or proxy of shareholders of the Company in the total of 2,559,469,600 (two billion five hundred fifty nine million four hundred sixty nine thousand six hundred) shares or equal to 94.389% (ninety four point three hundred eighty nine percent) of the issued shares of the Company after being reduced by the shares that have been bought back by the Company in the total of 1,355,800 (one million three hundred fifty five thousand eight hundred) shares.
4. C. Agenda of the Meeting

Agenda of the AGMS are as follows:

1. Approval on the Annual Report and Ratification of the Financial Statement of the Company for the Financial Year ended on

31 December 2017.

2. Determination on the use of the Company’s net profit for the financial year of 2017.
3. Appointment of the Public Accountant to audit the financial statements of the Company for the financial year ended on 31

December 2018.

4. Determination on the salary, honorarium and allowances and other facilities for the member of the Board of Directors and the Board of Commissioners for the financial year of 2018.
5. Change of the Composition of the Board of Directors of the Company.
6. Report from the Board of Directors on the implementation result of the Long Term Incentive Program.

Agenda of the EGMS are as follows:

1. Approval on the buy back plan of the Company’s shares.
2. Approval to use the Company’s treasury shares for Long Term Incentive Program.
3. D. Opportunities to Raise Questions and Provide Answers

Prior to the decision making session, the Chairman of the Meeting provided opportunities to the shareholders or the proxy of the shareholders to raise questions and/or give opinion on each agenda of the Meeting. For all agenda of the Meeting, no questions

were raised by the shareholders and/or proxy of the shareholders.

1. E. Decision Making Mechanism

Pursuant to Article 12 paragraph (7) of the Company’s Articles of Association, all Meeting resolutions shall be adopted throu gh amicable resolution to reach consensus. In the event that amicable decision could not be reached, the resolutions shall be

adopted through voting.

1. Decision Making Results

The Company has appointed independent parties, i.e. Notary Jose Dima Satria, S.H., M.Kn., and PT Datindo Entrycom to calculate and/or validate the votes.

The result of the decision making session in AGMS are as follows:

AgendaAmicable DecisionAgreeAbstainDisagreeFirstReached2,559,644,100 shares or100% of total shares with voting rights presented inthe Meeting.NoneNoneSecondReached2,559,644,100 shares or100% of total shares with voting rights presented in the Meeting.NoneNoneThirdNot Reached2,559,133,900 shares or99.98% of total shares with voting rights presented inthe Meeting.None510,200 shares or 0.02%of total shares with voting rights presented in theMeeting.FourthReached2,559,644,100 shares or100% of total shares with voting rights presented inthe Meeting.NoneNoneFifthReached2,559,644,100 shares or100% of total shares with voting rights presented in the Meeting.NoneNone

Note: The Sixth Agenda is reporting only hence no desicion making and/or voting is conducted.

The result of the decision making in EGMS are as follows:

Agenda	Amicable Decision	Agree	Abstain	Disagree
First	Not Reached	2,558,236,900 shares or99.952% of total shares with voting rights presented in theMeeting.	None	1,232,700 shares or0.048% of total shares with voting rightspresented in the Meeting.
Second	Not Reached	2,557,726,700 shares or99.932% of total shares with voting rights presented in the Meeting.	None	1,742,900 shares or0.068% of total shares with voting rights presented in the Meeting.

1. Meeting Resolutions

The resolutions adopted in the AGMS are as follows:

First Agenda:

1. Approve and accept the Annual Report of the Company for the year of 2017, including the Report on Supervisory Duties of the Board of Commissioners of the Company, and ratify the Consolidated Financial Statements of the Company and

Subsidiaries for the financial year ended on 31 December 2017 which has been audited by Public Accountant Cahyadi

Muliono, S.E., CPA from Public Accountant Firm Siddharta Widjaja & Rekan (a member of KPMG Global Network) as stipulated in its report No. L.17-6363-18/III.23.002 dated 23 March 2018 with an “Unqualified Opinion”.

2. With the Annual Report of the Company for the year 2017 being approved, including the Report on Supervisory Duties of

the Board of Commissioners of the Company, and the Consolidated Financial Statements of the Company and Subsidiaries for the financial year ended on 31 December 2017 being ratified, thus granting full release and discharge (Acquit et de

Charge) to the Board of Directors and the Board of Commissioners of the Company for their management and supervision

actions during the financial year of 2017, so long such actions are reflected in the Annual Report and the Consolidated Financial Statements of the Company and Subsidiaries for the Financial Year ended on 31 December 2017 and it is not criminal actions.

Second Agenda:

1. Approve the usage of the profit attributable to the owner of the Company for the financial year of 2017 in the amount of

IDR3,231,698,000,000, for the following items:

1. IDR5,000,000,000 shall be set aside as statutory reserve of the Company;
2. Maximum of IDR201,000,000,000 or IDR74 per share, will be distributed as final cash dividend to the shareholders of the Company; and
3. c. The remaining amount shall be set aside for Retained Earning to support the development of the business of the

Company.

2. Approve to grant power and authorization to the Board of Directors to manage the procedure of the payment of such final cash dividend, including but not limited to determine the payment schedule, and to conduct any other actions required in relation to the payment of the final cash dividend in accordance with the prevailing regulations.

Third Agenda:

1. Approve the appointment of Public Accountant Cahyadi Muliono, S.E., CPA., from Public Accountant Firm Siddharta

Widjaja & Rekan (a member of KPMG Global Network) to audit the consolidated financial statements of the Company for this current financial year and will be ended on 31 December 2018.

2. Approve to grant authorization to the Board of Commissioners of the Company to determine the honorarium and other

appointment requirements which are reasonable for such Public Accountant Firm and to appoint a substitute Public Accountant from the same Public Accountant Firm if the appointed Public Accountant due to whatever reasons is unable to complete the audit of the Financial Statements of the Company.

Fourth Agenda:

1. By taking into account the advice and opinion from the Nomination and Remuneration Committee of the Company, to determine the remuneration amount for all members of the Board of Commissioners of the Company for the financial

year of 2018 in the maximum amount of IDR15,000,000,000.

2. Approve to grant authorization to the Board of Commissioners of the Company to determine the details of the distribution of the remuneration amount to be provided among each member of the Board of Commissioners by taking

into account the advice and opinion from the Nomination and Remuneration Committee of the Company.

3. Approve to grant authorization to the Board of Commissioners of the Company to determine the amount of salary, honorarium and allowances and other facilities for the member of the Board of Directors for the financial year of 2018.

Fifth Agenda:

1. Accept the resignation of Mr. Ngo, Jerry Go from his position as the Independent Director of the Company as of the closing of this Meeting, with appreciation and gratitude for his performances during his term of office at the Company, as well as to grant full release and discharge (acquit et de charge) to Mr. Ngo, Jerry Go as the Independent Director for all management actions from 1 January 2018 to 26 June 2018.
2. Appoint Ms. Lany Djuwita as the Independent Director of the Company as of the closing of this Meeting until the closing of the third Annual General Meeting of Shareholders since 2018, by taking into account the right of shareholders to

terminate at any given time.

Therefore the composition of the member of the Board of Directors of the Company becomes as follows:

President Director : Michael William P. Soeryadjaya

Director : Andi Esfandiari

Independent Director : Lany Djuwita

3. Appoint and grant authorization with right of substitution to the Board of Directors of the Company to conduct any actions in relation to this Meeting Resolution, including but not limited to appear before the authorized party, to discuss, to give and/or ask for information, to submit a notification with regard to the change of the composition of the Board of Directors of the Company to the Minister of Law and Human Rights of the Republic of Indonesia, and any other related authorized institutions, to make or cause to be made and sign the deeds and letters or any necessary documents, to appear before the notary, to have and sign the deed restating the Company’s Meeting Resolution, and to take any necessary actions which should be and/or could be made for the purpose of implementing this Meeting Resolution.

The resolutions adopted in the EGMS are as follows:

First Agenda:

1. Approve the buy back of the Company’s shares in the maximum of 0.737% of the issued and paid-up capital of the

Company or in the maximum of 20,000,000 shares.

2. Approve and grant power and authorization to the Board of Directors of the Company, either jointly or individually, to conduct any actions necessary to implement this Meeting resolution, including to determine the requirements for the buy

back of the Company’s shares subject to any prevailing regulations, to appear before an authorized official and/or notary to sign any necessary deed(s), to submit information, to make and sign all necessary documents, and to conduct all

actions deemed necessary, without exception.

Second Agenda:

1. Approve the allocation of all of the Company’s treasury shares in the total of 1,355,800 shares for the implementation of

Long Term Incentive Program to the employees of the Company.

2. Approve to allocate a maximum of 4,994,200 shares from the buy back of shares that will be conducted by the Company for the period since 26 June 2018 until the next Annual General Meeting of Shareholders of the Company which will be

held at the latest on 30 June 2019 for the implementation of the Long Term Incentive Program to the employees of the

Company.

3. Approve to grant power and authorization to the Board of Directors of the Company to take and/or conduct any actions and all arrangement necessary and/or required to implement the Long Term Incentive Program, in accordance with the prevailing regulations.

H. Distribution Schedule and Procedures of Final Cash Dividen

The distribution of final cash dividend will be made with the following schedule and procedures:

Distribution Schedule of Final Cash Dividend

DescriptionDate– Announcement of final cash dividend distribution schedule in Indonesia StockExchange27 June 2018- Announcement of final cash dividend distribution schedule in the media (Kontan)27 June 2018- Shareholders Register (recording date) of shareholders who are entitled for the final cash dividend6 July 2018- Regular and Negotiation Market:· Cum-Dividend· Ex-Dividend 3 July 20184 July 2018- Cash Market· Cum-Dividend· Ex-Dividend 6 July 20189 July 2018- Distribution of final cash dividend27 July 2018

Distribution Procedures of Final Cash Dividend

1. This announcement is an official announcement from the Company, and the Company does not issue any special notification to its Shareholders.
2. The cash dividend will be paid to Shareholders whose names are recorded in the Company’s Shareholders Register

(“DPS”) dated 6 July 2018 at 4.15PM Western Indonesia Time (“WIB”) or which is referred to as the Recording Date of the Shareholders who are entitled to Dividends.

3. Shareholders whose shares are registered in the Collective Custody of PT Kustodian Sentral Efek Indonesia (”KSEI”)

will receive dividend payment in accordance with the above schedule by settling the book entry following KSEI mechanism, and subsequently KSEI will distribute them into the account of the Security Company or the Custodian Bank in which the Shareholders open their accounts.

4. Shareholders who still hold script shares which are not kept in collective custody in KSEI, and wish to get dividend payments by way of telegraphic transfer to their bank accounts, may inform their names and bank addresses as well as

their bank accounts in writing at the latest on 6 July 2018 at 4.00PM WIB to:

Shares Registrar’s Office

PT Datindo Entrycom

Jl. Hayam Wuruk No. 28

Jakarta 10210, Indonesia

Telp: +62 21-350 8077 (Hunting) Fax: +62 21-350 8078

5. The cash dividend is subject to tax pursuant to the prevailing tax regulations. The applicable tax shall be borne by the

relevant Shareholders and will be deducted from the cash dividend being paid.

6. Domestic Shareholders in the form of Legal Entity and have not submitted their Tax Identification Number (“NPWP”), are required to submit their NPWP to KSEI or BAE at the latest on 6 July 2018 at 4PM WIB. Without submitting NPWP,

the cash dividend being paid to the Domestic Shareholders in the form of Legal Entity will be subject to Income Tax which is 100% higher than the normal tariff.

7. Foreign Shareholders whose tax deduction use a tariff reference based on the Agreement to Prevent Double Taxation

shall submit a Certificate of Domicile using DGT 1 or DGT 2 formats which comply with the Regulations of the Director General of Tax No. PER-61/PJ/2009 as lastly amended by PER-24/PJ/2010 and PER-62/PJ/2009 as lastly amended by PER-25/PJ/2010. Pursuant to such regulations, DGT 1 and DGT 2 formats shall be original documents or copies that have been legalized by Tax Office in Indonesia. The deadline for receipt of such DGT 1 or DGT 2 formats by KSEI or BAE is at the latest on 6 July 2018, at 4PM WIB. If the Certificate of Domicile is not received by the aforesaid deadline, the cash dividend will be subject to 20% deduction pursuant to Article 26 of Income Tax.

This Announcement of Summary of Minutes of Meeting is to comply with the provision of Article 34 of the Regulation of the Financial Services Authority No. 32/POJK.04/2014 on Planning and Holding General Meeting of Shareholders of Public Companies.

Jakarta, 27 June 2018

PT SARATOGA INVESTAMA SEDAYA Tbk.

THE BOARD OF DIRECTORS

PT SARATOGA INVESTAMA SEDAYA Tbk.
(“Company”)
ANNOUNCEMENT TO THE SHAREHOLDERS OF THE COMPANY

We hereby notify the shareholders of the Company that the Company will hold an Annual and Extraordinary General Meeting of Shareholders (“Meeting”) on Tuesday, 26 June 2018.

The venue, time and agenda of the Meeting will be informed through invitation of the Meeting which will be announced on Monday, 4 June 2018 in 1 (one) Indonesian national newspapers, website of the Indonesia Stock Exchange (www.idx.co.id) and website of the Company (www.saratoga-investama.com).
The shareholders who are entitled to attend and/or be represented in the Meeting is the shareholders whose name are registered on the Register of Shareholders of the Company as per Thursday, 31 May 2018 or the owner of stock account balance in the Collective Custody of PT Kustodian Sentral Efek Indonesia at the closing of shares trading on Thursday, 31 May 2018.

One or more shareholders who jointly represent 1/20 (one twenty) or equal to 5% (five percent) of the total of shares with voting rights issued by the Company may propose agenda of the Meeting in writing to the Board of Directors of the Company at the latest by Friday, 25 May 2018 with regard to Article 12 of the Financial Services Authority Regulation Number 32/POJK.04/2014 regarding Plan and Implementation of General Meeting of Shareholders of Public Company as amended by Financial Services Authority Regulation Number 10/POJK.04/2017 regarding the Amendment to the Financial Services Authority Regulation Number 32/POJK.04/2014 regarding Plan and Implementation of General Meeting of Shareholders of Public Company.

Jakarta, 18 May 2018
PT Saratoga Investama Sedaya
The Board of Directors

INVITATION TO THE SHAREHOLDERS OF
PT SARATOGA INVESTAMA SEDAYA, Tbk.

The Board of Directors of PT Saratoga Investama Sedaya Tbk. (hereinafter referred to as the “Company”) hereby invite the Shareholders of the Company to attend the Annual and Extraordinary General Meeting of Shareholders (hereinafter referred to as the “Meeting”) which will be held on:
Day/Date : Tuesday, 26 June 2018
Time : 10AM – Finish
Venue : Office of PT Mitra Pinasthika Mustika Tbk.
Lippo Kuningan, 26th Floor
Jl. H.R. Rasuna Said Kav. B-12F
Kuningan, South Jakarta 12940, Indonesia

The agendas of the Annual General Meeting of Shareholders are as follows:

1. Approval on the Annual Report and ratification of the Financial Statement of the Company for the financial year ended on 31 December 2017.
Explanation:
In this Agenda, the Board of Director will present the Company’s performance in 2017 and the Board of Commissioners will present the implementation of their supervisory duties in 2017, as stipulated in the Annual Report and the Financial Statement of the Company, to be then approved and ratified by the General Meeting of Shareholders (“GMS”) in accordance with Article 69 paragraph (1) of the Law No. 40 of 2007 on the Limited Liability Company (the “Company Law”)
jo. Article 10 paragraph (4) point a and b jo. Article 21 paragraph (5) of the Articles of Association
of the Company.

2. Resolution on the use of the Company’s net profit for the book year of 2017.
Explanation:
In this Agenda, the Board of Directors will present the plan on the use of the Company’s net profit for the book year of 2017, to be then approved by the GMS, in accordance with Article 71 of the Company Law jo. Article 10 paragraph (4) point c jo. Article 21 paragraph (5) of the Company’s Articles of Association.

3. Appointment of a Public Accountant to audit the financial statements of the Company for the financial year ended on 31 December 2018.
Explanation:
In this Agenda, the Board of Commissioners, by taking into account the recommendation from the Audit Committee, will recommend to the GMS on the Public Accountant and Public Accounting Firm to be appointed to audit the financial statements of the Company for the financial year ended on 31 December 2018, in accordance with Article 68 paragraph (1) point c of the Company Law jo. Article 10 paragraph (4) point d of the Company’s Articles of Association.

4. Resolution on the salary, honorarium and allowances and other facilities for the member of the Board of Directors and the Board of Commissioners for the financial year of 2018.
Explanation:
In this Agenda, the Board of Commissioners will recommend to the GMS to approve the following:
(i) The maximum amount of the remuneration for all members of the Board of Commissioners for the financial year of 2018, by taking into account the advice and opinion from the Nomination and Remuneration Committee of the Company;
(ii) The granting of power and authorization to the Board of Commissioners to determine the details of the distribution of the remuneration amount for each member of the Board of Commissioners, by taking into account the advice and opinion from the Nomination and Remuneration Committee of the Company; and
(iii) The granting of power and authorization to the Board of Commissioners to determine the amount of salary, honorarium and allowances and other facilities for the member of the Board of Directors for the financial year of 2018,

in accordance with Article 96 and 113 of the Company Law jo. Article 15 paragraph (14) and Article 18 paragraph (7) of the Company’s Articles of Association.

5. Changes of the Composition of the Board of Directors of the Company
Explanation:
In this Agenda, the GMS will resolve on the resignation of one of the member of the Board of Directors of the Company, in accordance with Article 10 paragraph 4 and Article 15 paragraph 8 of the Articles of Association of the Company as well as Financial Services Authority Regulation No. 33/POJK.04/2014 on the Board of Directors and the Board of Commissioners of the Issuer or Public Company.

6. Report from the Board of Directors on the implementation result of Long Term Incentive Program
Explanation:
In this Agenda, the Board of Directors will report to the shareholders on the implementation result of Long Term Incentive Program of the Company for the year 2017. This Agenda does not need to be approved by GMS.

The agendas of the Extraordinary General Meeting of Shareholders are as follows:
1. Approval on the buyback plan of the Company’s shares.
Explanation:
In this Agenda, the Board of Directors will present the Company’s plan to conduct buyback of the Company’s shares, to be then approved by the GMS, in accordance with Financial Services Authority Regulation No. 30/POJK.04/2017 on the Buyback of Shares issued by Public Company dated 21 June 2017. Information relating to the buyback plan has been published by the Company on 18 May 2018.

2. Approval on the utilization of the Company’s treasury shares for Long Term Incentive Program.
Explanation:
In this Agenda, the Board of Directors will present the Company’s plan to use the shares in treasury which are derived from the buyback of shares for Long Term Incentive Program of the Company for the period of July 2018 to June 2019, to be then approved by the GMS, in accordance with Financial Services Authority Regulation No. 30/POJK.04/2017 on the Buyback of Shares issued by Public Company dated 21 June 2017.

Note:
1. The Company does not send invitation separately to the shareholders of the Company. This invitation advertisement shall be deemed as a formal invitation to the shareholders of the Company.
2. The shareholders or their attorneys who will attend the Meeting must submit the copy of identity card or other form of identity evidence, both the grantor and the attorney prior entering the Meeting room. For the Shareholders in the form of legal entity, must provide copy of deed and/or document that reflects latest composition of the board of directors. Shareholders whose shares are in the collective depositary of PT Kustodian Sentral Efek Indonesia (“KSEI”) shall bring Meeting Written Confirmation (Konfirmasi Tertulis Untuk Rapat – KTUR) which could be obtained in the securities company or custodian bank where such shareholders open their securities account.
3. The shareholders entitled to present in the Meeting are the shareholders of the Company registered in the Register of Shareholders or the owner of the Company’s shares in the securities account at KSEI’s collective depository at the closing of trading in the Indonesia Stock Exchange on Thursday, 31 May 2018. 4. The shareholders who are absent in the Meeting, can be represented by his/her attorney. Director, Commissioner and employee of the Company may act as the attorney of the shareholder in the Meeting, however the vote issued as an attorney will not be reckoned in the voting.

5. The form of the Power of Attorney can be obtained during the office hours at:

Company’s Office
PT. Saratoga Investama Sedaya Tbk. Menara Karya 15th Floor
Jl. HR Rasuna Said Blokc X-5, Kav. 1-2
Jakarta 12950
Phone: +62 21- 5794 4355
Fax: +62 21- 5794 4356

Share Registrar’s Office
PT. Datindo Entrycom
Puri Datindo – Wisma Sudirman
Jl. Hayam Wuruk No. 28
Jakarta 10210, Indonesia
Phone: +62 21-350 8077 (Hunting)
Fax: +62 21-350 8078

6. All Power of Attorney documents should be filled completely and be received by the Company at the latest on 21 June 2018 up to 4.00 PM through the Company’s Office and/or Share Registrar’s Office as described above.

7. In accordance with Article 11 of the Articles of Association of the Company and OJK Regulation No. 32/POJK.04/2015 on the Plan and Implementation of General Meeting of Shareholders of Public Companies as amended by OJK Regulation No. 10/POJK.04/2017 on the Amendment to OJK Regulation No. 32/POJK.04/2015 on the Plan and Implementation of General Meeting of Shareholders of Public Companies and other capital market regulations, material related to the Agenda of the Meeting shall be made available for the shareholders since this Invitation date, including the Annual Report of the Company. The shareholders may request in writing to the Corporate Secretary of the Company for the physical copy of the documents.

8. To ease the setting and ensure the order of the Meeting, the shareholders or their authorized attorneys are requested to appear at the venue of the Meeting at the latest 30 (thirty) minutes prior the start of the Meeting.

Jakarta, 4 June 2018
PT Saratoga Investama Sedaya, Tbk.

Curriculum Vitae of the Candidate for Director

Lany D. Wong, Indonesian Citizen, 49 years
• She graduated from University of Indonesia with Bachelor in Accounting in 1993 and earned Master in Finance degree in 1996 from Texas A&M University, College Station, USA. She has been a Chartered Financial Analyst (CFA) since 2005.
• Previously, she was Finance Director in several reputable public companies in Indonesia, such as PT Dharma Satya Nusantara Tbk (June 2016 – June 2018) and PT Medco Energi International Tbk (April 2013 – November 2015).

PT SARATOGA INVESTAMA SEDAYA Tbk.
(“Company”)
ANNOUNCEMENT TO THE SHAREHOLDERS OF THE
COMPANY

We hereby notify the shareholders of the Company that the Company will hold an Annual and Extraordinary General Meeting of Shareholders (“Meeting”) on Wednesday, 25 April 2018.

The venue, time and agenda of the Meeting will be informed through invitation of the Meeting which will be announced on Tuesday, 3 April 2018 in 1 (one) Indonesian national newspapers, website of the Indonesia Stock Exchange (www.idx.co.id) and website of the Company (www.saratoga-investama.com).

The shareholders who are entitled to attend and/or be represented in the Meeting is the shareholders whose name are registered on the Register of Shareholders of the Company as per Monday, 2 April 2018 or the owner of stock account balance in the Collective Custody of PT Kustodian Sentral Efek Indonesia at the closing of shares trading on Monday, 2 April
2018.

One or more shareholders who jointly represent 1/20 (one twenty) or equal to 5% (five percent) of the total of shares with voting rights issued by the Company may propose agenda of the Meeting in writing to the Board of Directors of the Company at the latest by Tuesday, 27 March 2018 with regard to Article 12 of the Financial Services Authority Regulation Number 32/POJK.04/2014 regarding Plan and Implementation of General Meeting of Shareholders of Public Company as amended by Financial Services Authority Regulation Number 10/POJK.04/2017 regarding the Amendment to the Financial Services Authority Regulation Number 32/POJK.04/2014 regarding Plan and Implementation of General Meeting of Shareholders of Public Company.

Jakarta, 19 March 2018
PT Saratoga Investama Sedaya Tbk.
The Board of Directors