PT Sinar Mas Agro Resources and Technology Tbk : Announcement of the Annual General Meeting of Shareholders of PT Sinar Mas Agro Resources and Technology Tbk

ANNOUNCEMENT

TO THE SHAREHOLDERS OF

PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk (the "Company")

Pursuant to the provision of Article 13 of the Company's Articles of Association Jo Article 14 of the Financial Services Authority Regulation number 15/POJK.04/2020 regarding General Meeting of Shareholders Announcement, we hereby announce the followings:

I.

The Company will convene the Annual General Meeting of Shareholders ("Meeting") on Monday, June 06th, 2022.

II. The shareholders entitled to attending or being represented in the Meeting will be the shareholders whose names are legitimately recorded in the Company's Shareholders Register as of Thursday, May 12th, 2022 until 16.00 of Western Indonesian Time (WIB).

III.

To comply with applicable laws and regulations related to Corona Virus Disease 2019 ("COVID-19") handling and with due observance of the provisions of Article 8 section (3) of the Financial Services Authority Regulation number 16/POJK.04/2020 regarding the Implementation of General Meeting of Shareholders of Public Companies Electronically, and considering the requirement of physical attendance limitation to prevent the spreading of COVID-19, the Company strongly encourages the shareholders of the Company to grant power of attorney through the following: a. electronically through KSEI Electronic General Meeting System ("eASY.KSEI")

facility which will be provided by the Indonesian Central Securities Depository ("KSEI") since the summons for Meeting as an electronic power of attorney mechanism in the process of organising the Meeting ("e-Proxy"). The power of attorney will be granted to an independent representative appointed by the Company; b. conventionally by downloading the Power of Attorney form which will be made available on the Company's website since the summons for Meeting, and granting the power of attorney to an independent representative appointed by the Company.

IV. 1 (one) Shareholders or more representing 1/20 (one-twentieths) or more of the total shares having voting rights may propose the agenda of Meeting in written to the Board of Directors of the Company at the latest 7 (seven) days prior to the summons for Meeting i.e. on Friday, May 06th, 2022. Any proposed agenda from the Company's Shareholders will be included in the Meeting agenda upon approval from the Board of Directors of the Company and subject to compliance with the provisions and requirements as meant under Article 13 section (10) number 3 and 4 of the Company's Articles of Association Jo Article 16 section (3) of the Financial Services Authority Regulation number 15/POJK.04/2020.

V. Summons for Meeting will be announced on KSEI's website(www.ksei.co.id),

eASY.KSEI platform (easy.ksei.co.id), Indonesia Stock Exchange (IDX)'s website(www.idx.co.id), and the Company's website (www.smart-tbk.com) on Friday, May 13th, 2022.

This Meeting Announcement is available on KSEI's website(www.ksei.co.id), eASY.KSEI platform (easy.ksei.co.id), IDX's website(www.idx.co.id), and the Company's website (www.smart-tbk.com).

Jakarta, April 28th, 2022

PT SINAR MAS AGRO RESOURCES AND TECHNOLOGY Tbk

Board of Directors