June, 15 2023

RESULT ANNOUNCEMENT TO SHAREHOLDERS (15th June 2023)

 
ANNOUNCEMENT OF ANNUAL GENERAL MEETING RESULTS
TO SHAREHOLDERS

Annual General Meeting of Shareholders (GMS) of PT. Betonjaya Manunggal Tbk. (Perseroan) was held on Tuesday 13th June 2023 at the meeting hall of PT. Gunawan Dianjaya Steel Tbk. (an affiliated company) Jl. Margomulyo No. 29A, Surabaya from 11:04 am until 12:14 pm Western Indonesian Time with meeting agenda as according to Invitation to GMS dated 22nd May 2023. It was attended by 2 (two) member of the Board of Directors and 2 (two)/ all members of the Board of Commissioners of the Company and holders of 690.994.400 shares with legitimate voting rights or 95,97% of all shares of the Company that is 720.000.000 shares.

Leader of the meeting gave opportunities to attendants of meeting to inquire and provide responses as to whether they agree/disagree before decision on every agenda item discussed in the GMS.

Mechanisms for decision-making in the GMS are:
-    Deliberation and consensus for shareholders who are physically present in the GMS, and/or;
-    Via the system provided by the e-RUPS provider (KSEI).

All attendants of the Annual General Meeting has agreed on the following matters:

1. GMS has decided unanimously to approve and ratify the Company’s Financial Reports for the year 2022 that have been audited by Public Accountant Firm of Hadori Sugiarto Adi & Rekan whom on which expresses an unqualified opinion.
   Due to the approval above, the The GMS also has granted full release and discharge of responsibility to the members of Board of Directors and Board of Commissioners over their management and supervisory functions which have been conducted during year 2022, as long as the management and supervisory actions conducted are reflected in the Company’s Annual reports and its Financial Reports.
2. GMS has decided unanimously to grant authority to the Company’s Commissioners to decide on and assign a Public Accountant which will conduct audit over the Company’s Financial Report for the 2023 while considering the following factors:
   a. Granting sufficient time for the Board of Commissioners to choose and to decide the Public Accountant who will check Financial Report of the Company for the year 2023.
   b. The criteria for the Public Accountant who will be appointed by the Board of Commissioners is one who is registered in the Financial Service Authority (OJK).
3. GMS has decided unanimously and by acclamation decides to give approval on the amount of grant salary/honorarium for the Company’s Board of Commissioners  for the year 2023 at maximum of 20% of the Board of Directors’ salary and allowance and to grant authority to the Board of Commissioners to decide on the amount of salary and allowance of the Company’s Board of Directors
4. GMS decided to disagree to the usage of net profit of the year 2022 to be distributed as cash dividends; Net profit of the year 2022 therefore stays as a part of retained earnings and the usage is undecided.

Details on voting results on each agenda is as stated below :

Agenda Item	Total Shares present	Agree	Minimum quorum share present	Disagree	Abstain
1st Agenda	690.994.400	100% (690.994.400)	360.000.001	0	0
2nd Agenda	690.994.400	100% (690.994.400)	360.000.001	0	0
3rd Agenda	690.994.400	100% (690.994.400)	360.000.001	0	0
4th Agenda	690.994.400	6,80%  (46.994.400)	360.000.001	93,20% (644.000.000)	0

Gresik, 15th June 2023
PT. BETONJAYA MANUNGGAL TBK.
DIRECTORS