Astra’s Annual General Meeting of Shareholders 2024: Appoint The New Board of Directors and Approve the Annual Report 2023

JAKARTA: PT Astra International Tbk (“Astra” or ”the Company”) today on Tuesday (30/4) holds the Annual General Meeting of Shareholders (the “Meeting” or “AGMS”). In the Meeting, several things have been decided as follows:

1. First Agenda

To approve the amendment of the Articles of Association of the Company, including the feasibility study of the additional business activities of the Company.

 

2. Second Agenda

Approve and accept the Annual Report for financial year 2023, including ratify the Board of Commissioners Supervision Report and ratify the Consolidated Financial Statements of the Company and Subsidiaries for financial year 2023, which has been audited by the Public Accountant Firm Tanudiredja, Wibisana, Rintis & Rekan as stated in their report dated 27 February 2024 rendering the opinion of fairly stated in all material respects.

With the approval of the Annual Report and the ratification of the Board ofCommissioners Supervision Report and the Consolidated Financial Statements of theCompany and Subsidiaries, grant full release and discharge (acquit et decharge) to allmembers of the Board of Directors and the Board of Commissioners of the Companyfor their respective management and supervision actions taken during financial year 2023, to the extent those actions are reflected in the Annual Report and ConsolidatedFinancial Statements of the Company and Subsidiaries for financial year 2023.

 

3. Third Agenda

Approve the consolidated net profit of the Company for financial year ending as at 31 December 2023 amounting to Rp33,839,170,942,738.- to be appropriated as follows:

a. (1) an amount of Rp21,010,964,079,660.- or Rp519.- per share to be distributed as cash dividend, which includes an interim dividend of Rp98.- per share or a total of Rp3,967,388,207,720.- which has been paid on 31 October 2023, as such the remaining in the amount of Rp17,043,575,871,940.- or Rp421.- per share will be paid on 30 May 2024 to the Company’s Shareholders whose names are registered in the Company’s Register of Shareholders on 15 May 2024 at 16:00 Western Indonesian Time;

(2) authorize the Board of Directors of the Company to carry out the dividend distribution and to do all necessary actions. The dividend payment will be made with due observance to the prevailing tax, Indonesia Stock Exchange and other Capital Market regulations; and

b. the remaining, an amount of Rp12,828,206,863,078.- to be recorded as retained earnings of the Company.

 

4. Fourth Agenda

1. Accept the resignation of Mr. Johannes Loman as a Director of the Company;

2. Appoint:

1. Mr. Bambang Permadi Soemantri Brodjonegoro as an Independent Commissioner of the Company;
2. Ms. Hsu Hai Yeh as a Commissioner of the Company;
3. Mr. Rudy as a Director of the Company; and
4. Mr. Thomas Junaidi Alim. W as a Director of the Company,

as of the closing of this Meeting for a term of office as stipulated in the Articles of Association of the Company, therefore, the composition of the members of the Board of Commissioners and the Board of Directors of the Company will change and become as follows:

Board of Commissioners of the Company

President Commissioner        : Prijono Sugiarto
Independent Commissioner  : Sri Indrastuti Hadiputranto
Independent Commissioner  : Apinont Suchewaboripont
Independent Commissioner  : Bambang Permadi Soemantri Brodjonegoro
Independent Commissioner  : Muliaman Darmansyah Hadad
Commissioner : Anthony John Liddell Nightingale
Commissioner : Benjamin William Keswick
Commissioner : John Raymond Witt
Commissioner : Stephen Patrick Gore
Commissioner : Benjamin Herrenden Birks
Commissioner : Hsu Hai Yeh

as of the closing of this Meeting until the 2026 Annual General Meeting of Shareholders of the Company, except for: (i) Mr. John Raymond Witt as well as Mr. Stephen Patrick Gore until the 2025 Annual General Meeting of Shareholders of the Company, and (ii) Mr. Bambang Permadi Soemantri Brodjonegoro and Ms. Hsu Hai Yeh until the 2027 Annual General Meeting of Shareholders of the Company.

Board of Directors of the Company

President Director : Djony Bunarto Tjondro
Director                 : Suparno Djasmin
Director                 : Chiew Sin Cheok
Director                 : Gidion Hasan
Director                 : Henry Tanoto
Director                 : Santosa
Director                 : Gita Tiffani Boer
Director                 : FXL Kesuma
Director                 : Hamdani Dzulkarnaen Salim
Director                 : Rudy
Director                 : Thomas Junaidi Alim. W

as of the closing of this Meeting until the 2026 Annual General Meeting of Shareholders of the Company.

 

5. Fifth Agenda

1. Determine that the total honorarium for the entire members of the Board ofCommissioners of the Company will be in the maximum amount of Rp2 billiongross per month, effective as of 1 May 2024 until the closing of the 2025 AnnualGeneral Meeting of Shareholders, and authorize the President Commissioner todetermine the distribution of such honorarium amount among the members of theBoard of Commissioners of the Company, with due observance to the opinion ofthe Nomination and Remuneration Committee of the Company; and

2. Authorize the Board of Commissioners to determine the salary and benefit of the members of the Board of Directors of the Company with due observance to the policy of the Nomination and Remuneration Committee of the Company.

 

6. Sixth Agenda

1. Appoint KAP Tanudiredja, Wibisana, Rintis & Rekan, a member of the PricewaterhouseCoopers network of firm, as Public Accountant Firm and Mr. Eddy Rintis as Public Accountant of the Company, to conduct an audit of the Financial Statements of the Company for financial year 2024;

2. Authorize the Board of Commissioners of the Company to appoint any replacement if the Public Accountant for whatever reason is unable to complete his duties, in accordance with applicable laws and regulations; and

3. Authorize the Board of Directors of the Company to determine the honorarium and other terms and conditions of the appointment of such Public Accountant Firm and Public Accountant, in accordance with applicable laws and regulations.

President Director of Astra, Mr. Djony Bunarto Tjondro, expresses his gratitude to all stakeholders for fully supporting Astra.

 

For further information, please contact:

Boy Kelana Soebroto
Head of Corporate Communications
PT Astra International Tbk
Ph. 021-508-43-888

Tentang Astra:

Astra is one of Indonesia’s largest public companies, comprising 283 subsidiaries, joint ventures, and associate companies, supported by more than 200,000 employees. The company’s diversified business model creates synergies and opportunities across industry sectors, including automotive, financial services, heavy equipment, mining construction and energy, agribusiness, infrastructure and logistics, information technology, and property.

The company has a sustainability framework that contains Astra 2030 Sustainability Aspirations, which will guide Astra’s transition journey to be a more sustainable business by 2030 and beyond. Astra wishes to contribute to the strength and resilience of the Indonesian economy while supporting an inclusive and prosperous society.

Astra has a strong record of public and social contributions through four pillars, which consist of health, education, environment, and entrepreneurship, as well as nine foundations to contribute to the growth of the Indonesianeconomy while encouraging a more inclusive and prosperous society. Established in 2010, Astra’s Semangat AstraTerpadu Untuk (SATU) Indonesia Awards programme has recognised the contribution of 657 young Indonesiansacross each of these focus areas, including 92 national level recipients and 565 provincial-level recipients. TheSATU Indonesia Awards programme is integrated with Astra’s wide range of community activities through 200 Kampung Berseri Astra and 1,196 Desa Sejahtera Astra initiatives in 35 provinces throughout Indonesia.

For more about Astra, visit www.astra.co.id and follow us on Instagram @satu_Indonesia, TikTok @satu_indonesia, YouTube SATU Indonesia, X Twitter @SATU_Indonesia, LinkedIn PT Astra International Tbk, and Facebook Semangat Astra Terpadu.