Resolution of Annual GMS and Extraordinary GMS - Fiscal Year 2019

ANNOUNCEMENT
SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
AND
SUMMARY OF MINUTES OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
PT HARUM ENERGY TBK.
(“Company”)
The Board of Directors of the Company hereby announce that the Annual General Meeting of Shareholders (“AGMS”) for Financial Year 2019 and Extraordinary General Meeting of Shareholders (“EGMS”) were held on Tuesday, August 25, 2020, at 14:10 – 15.21 WIB, in Deutsche Bank Building, 17th Floor, Jl. Imam Bonjol No. 80, Jakarta Pusat.
Agendas:
As stipulated in the AGMS Invitation, the agendas of AGMS, are as follows:
- Approval of the Company’s Annual Report Year 2019, which includes the Company’s Activity Report, the Board of Commissioners’ Supervisory Report and ratification of the Company’s Consolidated Financial Statement for the year ended 31 December 2019;
- Determination of the use of the Company’s Net Profit for Financial Year 2019;
- Appointment of the Public Accounting Firm to audit the Company’s Financial Statement for Financial Year 2020 and to determine other requirements;
- Change of the Company’s Management; and
- Determination of remuneration and honorarium for the members of the Board of Directors and the Board of Commissioners in Financial Year 2020.
As stipulated in the EGMS Invitation, the agenda of EGMS is as follows:
- Amendment to the Company’s Articles of Association, including changes of Article 3 of the Company’s Articles of Association regarding the Purposes and Objectives and Business Activities of the Company.
Attendance of The Board of Commissioners and The Board of Directors
AGMS |
|
Board of Commissioners |
Board of Directors |
Independent Commissioner : Agus Rajani Panjaitan |
President Director : Ray Antonio Gunara |
|
Director : Kenneth Scott Andrew Thompson |
EGMS |
|
Board of Commissioners |
Board of Directors |
- |
President Director : Ray Antonio Gunara |
|
Director : Kenneth Scott Andrew Thompson |
Quorum of Attendance
The quorum of attendance of the Company’s Shareholders or their Proxy which was calculated from the Company’s total issued and paid-up capital after deducting the shares bought back by the Company in the amount of 177,352,800 shares are as follows:
Descriptions | AGMS | EGMS |
Number of shares attended | 2,190,935,167 | 2,190,935,973 |
Percentage | 86.726% | 86.726% |
Question and Answers (Q&A) Session
As described in the AGMS and EGMS Rules distributed to all Shareholders, in each Agenda the Shareholders or their Proxy are provided with the opportunity to raise questions. In AGMS, there were questions raised from the Shareholders or their Proxy related to the materials presented in the AGMS, and all of the questions were addressed by the Board of Directors. In the EGMS, there was no question raised from the Shareholders or their proxy.
Mechanism of Resolution
The resolutions are made by deliberation to reach a consensus. However, for Shareholder or their Proxy who do not agree or cast a blank vote, the resolution will be made by voting through submitting a ballot card.
Voting Results and Resolutions
I. The voting results of AGMS of the Company were as follows:
Agendas |
Voting Results |
||
Agree |
Disagree |
Abstain |
|
1 |
2,190,935,167 shares (100%) |
- |
- |
2 |
2,190,877,667 shares (99.997%) |
57,500 shares (0.003%) |
- |
3 |
2,190,796,567 shares (99.994%) |
138,600 shares (0.006%) |
- |
4 |
2,170,804,115 shares (99.081%) |
20,131,052 shares (0.919%) |
- |
5 |
2,190,935,167 shares (100%) |
- |
- |
Results of the AGMS are as follows:
II. The voting results of EGMS of the Company were as follows:
Agendas |
Voting Results |
||
Agree |
Disagree |
Abstain |
|
1 |
2,170,804,921 shares (99.081%) |
20,131,052 shares (0.919%) |
- |
Results of the AGMS are as follows:
Jakarta, 27 August 2020
PT Harum Energy Tbk
The Board of Directors