ANTAM Conducted Annual General Meeting Of Shareholders (AGMS) Financial Year 2020

Jakarta, April 7, 2021 - PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) has conducted the Annual General Meeting of Shareholders (AGMS) year 2020, which is held at the Auditorium Andrawina, Gedung Aneka Tambang, on April 9, 2021.

On the First Agenda of AGMS, ANTAM's shareholders have approved the Annual Report for the Financial Year of 2020, including the Annual Supervisory Report of the ANTAM Board of Commissioners. And also ratified the ANTAM Consolidated Financial Statements as at 31 December 2020, and granted the full discharge and release (volledig acquit et de charge) to the Board of Directors and the Board of Commissioners for their actions for and supervision of the Company for the Financial Year of 2020.

On the Second Agenda of AGMS, the shareholders have ratified the Annual Report including the Financial Report of the Partnership and Community Development Program for the Financial Year of 2020 and granted the full discharge and release (volledig acquit et de charge) to the Board of Directors and the Board of Commissioners for their actions for and supervision of the Partnership and Community Development Programs for the Financial Year of 2020.

On the Third Agenda of AGMS, approved the appropriation for the distribution of the net profit for the Financial Year of 2020, attributable to the Owner of the Parent of the Company, which consisted 35% of the profit allocated for dividend distribution or amounting to Rp402,273,481,131 and the remaining 65% of the profit or amounting to Rp747,079,322,099 recorded as retained earnings.

On the Fourth Agenda of AGMS, ANTAM's shareholders have approved to grant the authority and power to the Series A Dwiwarna Shareholder through PT Indonesia Asahan Aluminium (Persero) as the proxies to determine the amount of performance incentives for the Financial Year of 2020 and determine the honorarium, allowances, facilities and other incentives for the members of the Board of Commissioners for year 2021. On the same Agenda, ANTAM's shareholders have approved to grant the authority and power to the Board of Commissioners upon obtaining the prior written approval from PT Indonesia Asahan Aluminium (Persero) as the proxies of Series A Dwiwarna Shareholder, to determine the amount of performance incentives for the Financial Year of 2020 and determine the salary, allowances, facilities and other incentives for the members of the Board of Directors for year 2021.

On the Fifth Agenda of AGMS, ANTAM's shareholders have approved the appointment of the Public Accountant Firm Tanudiredja, Wibisana, Rintis & Rekan member of the PricewaterhouseCoopers (PwC) global networks to carry out the General Audit on the Consolidated Financial Statements of the Company for the Financial Year of 2021 and other period in the Financial Year of 2021, and general audit on the Financial Statements of the Partnership and Community Development Programs for the Financial Year 2021.  The shareholders also approved the granted the authority and power to the Board of Commissioners upon obtaining the prior approval from the most Series B Shareholder to appoint the Public Accountant in a Public Accountant Firm selected in this Meeting, appoint the substitute Public Accountant and/or a substitute Public Accountant Firm should the selected Public Accountant and/or Public Accountant Firm be unable to continue or complete its works due to any reason whatsoever based on the capital market provisions and laws/regulations and determine the appointment terms and conditions, and honorarium of the substitute Public Accountant and/or Public Accountant Firm.

On the Sixth Agenda of AGMS, ANTAM’s shareholders approved to accept the Accountability Report on the Realization of Use of State Capital Participation Funds that are part of the Limited Public Offering I Proceeds, as well as the Realization of the Use of the Public Offering with Preemptive Rights Proceeds.

On the Seventh Agenda of AGMS, ANTAM’s shareholders approved the amendment to the Articles of Association of the Company to comply with the provisions of POJK Number 15/POJK.04/2020 as the proposal has been submitted to shareholders. The shareholders also agreed to restate all the provisions in the Articles of Association in connection with the amendment.  On the same Agenda, the shareholders approved to grant power and authority to the Board of Directors with substitution rights to take all necessary actions, in relation to the resolutions of this Meeting agenda, including changes on the basis of the Dwiwarna Series A Shareholder or their Proxy, compile and restate all amendments to the Articles of Association in the Notary Deed, and submit to the authorized agency to obtain approval and / or receipt of amendments to the Articles of Association, do something deemed necessary and useful for these purposes with nothing excepted, including to make additions and / or amendments to the Articles of Association if it is required by the competent authority.

On the Eighth Agenda of AGMS, the meeting has approved the change to the composition of the board members and Nomenclature to the Board of Company, in accordance to the proposal from the Dwiwarna SeDwiwarna Series A Shareholder or their Proxy. The AGMS honorably dismissed Mr. Aprilandi Hidayat Setia as Director of Commerce and Mr. Hartono as Director of Operation and Production of the Company. The ANTAM’s Board of Commissioners and Directors would like to thank Mr. Aprilandi Hidayat Setia and Mr. Hartono for his dedication and best contribution to the Company during his tenure in office as a member of Board of Directors.

The shareholders also approved the changes in the nomenclature  of the members of the Board of Director as follows:

As such, the composition of the Company’s Management is as follows:

Board of Commissioners

Board of Directors

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