PT Bank Rakyat Indonesia Persero Tbk : BBRI Newsletter - AGMS BRI 2024

I N VE S TO R N E W S LE T T E R

AGMS BRI 2024

March 2024

Agenda 1: Approved 100%

Approval of the Annual Report for Financial Year of 2024 including ratifying:

1. The Financial Statements ended on December 31, 2023;
2. The Report on the Supervisory Duties of the Board of Commissioners;
3. MSE Funding Program Financial Statements ended on December 31, 2023;
4. Grant of release and discharge of liability (volledig acquit et de charge) to the Directors and the Board of Commissioners of the Company.

Agenda 2: Approved 100%

Dividend Payout

1. Approve the dividend payment (including interim dividend for financial year 2023).
2. Appropriation of remaining net profit as retained earnings.

Additional Data:

BRI's dividend payout ratio was approved at 80.04% of consolidated net profits attributable to the parent entity. The Company will distribute Rp 48.10 trillion to shareholders. The cash to be distributed includes the interim dividend that was distributed on January 18th , 2024 in the amount of Rp 12.7 trillion, and the remaining cash dividend to be paid is Rp 35.4 trillion. In 2023, BRI recorded net profit of Rp 60.425 trillion an increase of 17.5% year on year (yoy) with total assets rising by 5.3% yoy to Rp 1,965.0 trillion.

Agenda 3: Approved 90.89%

Tantiem and Honorarium

1. Approve the grant of authority to Series A Dwiwarna Shareholder to determine for the Board of Commissioners:
2. 1. Tantiem/Performance Incentives/Special Incentives for the Financial Year of 2023; and
   2. Honorarium, Allowances and Facilities for Year 2024.
3. Grant the authority to the Board of Commissioners by obtaining the prior approval of the Series A Shareholder to determine for the Board of Directors:
4. 1. Tantiem/Performance Incentives/Special Incentives for the Financial Year of 2023; and
   2. Salary, Benefits and Facilities for Year of 2024.

Additional Data:

This represents approval of the bonus and incentives and honorarium/salary for the Board of Commissioners and Board of Directors.

PT BANK RAKYAT INDONESIA (Persero) Tbk.

Investor Relations

7th floor BRI II Building

Jl. Jenderal Sudirman Kav 44-46 Jakarta 10210, Indonesia

I N VE S TO R N E W S LE T T E R

AGMS BRI 2024

March 2024

Agenda 4: Approved 99.97%

1. Approve the appointment of a Public Accounting Firm to audit the Company's Consolidated Financial Statements and MSE Funding Program's Financial Statement and Implementation Report for the Financial Year of 2024.
2. Approve the grant of authority to the Board of Commissioners of the Company to:
3. 1. Appoint PA and/or PAF to conduct an audit for another period in the financial year 2024;
   2. Determine audit compensation of PA and/or PAF also replacement PA and/or PAF and appoint replacement of Public Accountant and/or Public Accounting Firmin the event of inability to complete audit.

Additional Data:

The result is the appointment of public accountant, Purwantono, Sungkoro & Surja (a member Firm of Ernst & Young Global Limited) to audit the Company's 'Consolidated Financial Statements for Fiscal Year 2024' and 'Financial Statements and Implementation of Micro and Small Business Funding Programs for 2024'.

Agenda 5: No Vote Necessary

Agenda 6: Approved 90.20%

Approve the changes and re-drafting of the Company's Articles of Association

Additional Data:

The Company intends to make adjustments to its Articles of Association with the following principal changes:

1. Article 3 ("Purpose and Objectives"): Adjustment of Company's business activities in accordance with UUP2SK.
2. Article 4 ("Capital"): Adjustments to provisions relating to additional capital for public companies, including granting HMETD to existing Shareholders to purchase new shares to be issued; and payment of shares in the form of money and/or in other forms, whether in the form of tangible or intangible objects.
3. Article 5 ("Share"): Add provisions that the Company only recognizes one person or legal entity as the party authorized to exercise the rights granted by law over shares.
4. Article 11 ("Board of Directors"): Adjustment of the term "post-service compensation" to "post-service insurance" in accordance with MSOE Regulation 3/2023

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PT BANK RAKYAT INDONESIA (Persero) Tbk.

Investor Relations

7th floor BRI II Building

Jl. Jenderal Sudirman Kav 44-46 Jakarta 10210, Indonesia

I N VE S TO R N E W S LE T T E R

AGMS BRI 2024

March 2024

Agenda 6: Approved 90.20%

1. Article 12 ("Duties and authorities of the Board of Directors"): Additional authority of the Board of Directors regarding the management of bad debts that have been written off (which is part of the Company's business activities) with the approval of the Board of Commissioners; forming committees; Store and manage Company documents both physically and/or electronically at the Company's domicile; Prepare a Board of Directors Charter, Risk Management Charter, and Internal Audit Charter.
2. Article 14 ("Board of Commissioners"): Add provisions on the maximum number of members of the Board of Commissioners being the same as the number of members of the Board of Directors in accordance with POJK 17/2023; and adjust the mention of "post-service compensation" to "post-service insurance" in accordance with MSOE Regulation 3/2023.
3. Article 15 ("Duties and Authorities of the Board of Commissioners"): Add duties and authority to the Board of Commissioners to prepare the Board of Commissioners Charter and carry out supervisory duties and provide advice in accordance with statutory regulations and company policies.
4. Article 20 ("General Meeting of Shareholders"): Additional provisions relating to the implementation of electronic GMS in accordance with POJK 16/2020.
5. Article 23 ("Place, Notification, Announcement, Invitation and Time of Holding of the GMS"): Add provisions for granting power of attorney electronically in accordance with POJK 16/2020.
6. Article 26 ("Utilization of Profit of the Company"): Adjustment of the authority of the Board of Directors and/or Shareholders representing at least 1/10 (one tenth) of the shares that have been issued to decide on the distribution of interim dividends with the approval of the Board of Commissioners.

Agenda 7 Approved 68.23%

Dismiss and appoint the Board of Commissioners and the Board of Directors in accordance with the Company's Articles of Association and prevailing laws.

Additional Data:

This agenda represented changes to our Board of Directors and Board of Commissioners. In today's AGMS, there were no changes to the Board of Directors. The following directors were re-appointed for a second term as director: Mr. Catur Budi Harto (Vice President Director), Mr. Agus Noorsanto (Wholesale & Insitutional Business Director), Mr. Agus Sudiarto (Risk Management Director).

Changes in the nomenclature as follows:

1. From to "Director of Small and Medium Business" to "Director of Commercial, Small and Medium Business"; and
2. From "Director of Network and Service Director" to "Director of Retail Funding & Distribution"

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PT BANK RAKYAT INDONESIA (Persero) Tbk.

Investor Relations

7th floor BRI II Building

Jl. Jenderal Sudirman Kav 44-46 Jakarta 10210, Indonesia

I N VE S TO R N E W S LE T T E R

AGMS BRI 2024

March 2024

Agenda 7 Approved 68.23%

At the Board of commissioners level, the following were appointed as commissioner, Mr. Haryo Baskoro Wicaksono, replacing Mr. Hendrikus Ivo. The Company thanks Mr. Hendrikus Ivo for his contributions as a Commissioner. Based on the above changes, the composition of the new BRI Board of Commissioners and Board of Directors becomes:

Board of Commissioners		Board of Directors
President	:	Kartika Wirjoatmodjo		President Director	:	Sunarso
Commissioner
Vice President					:
/Independent	:	Rofikoh Rokhim		Vice President Director	Catur Budi Harto
Commissioner
Commissioner	:	Awan Nurmawan Nuh		Director of Micro Business	:	Supari
Commissioner	:	Rabin Indrajad Hattari		Director of Consumer	:	Handayani
	Business
Independent	:	Dwi Ria Latifa		Director of Commercial,	:	Amam Sukriyanto
Commissioner		Small & Medium Business
Independent	:	Heri Sunaryadi		Director of Wholesale &	:	Agus Noorsanto
Commissioner		Institutional Business
Independent	:	Agus Riswanto		Director of Retail Funding &	:	Andrijanto
Commissioner		Distribution
Independent	:	Paripurna Poerwoko		Director of Finance	: Viviana Dyah Ayu R.K
Commissioner	Sugarda
Independent	:	Numaria Sarosa		Director of Risk	:	Agus Sudiarto
Commissioner		Management
Independent	:	Haryo Baskoro Wicaksono		Director of Digital &	:	Arga Mahanana
Commissioner		Information Technology	Nugraha
				Director of Compliance	:	Ahmad Solichin
				Lutfiyanto
				Director of Human Capital	:	Agus Winardono

PT BANK RAKYAT INDONESIA (Persero) Tbk.

Investor Relations

7th floor BRI II Building

Jl. Jenderal Sudirman Kav 44-46 Jakarta 10210, Indonesia