P T Bank Pan Indonesia Tbk : Summary of Minutes of AGMS 2022

ANNOUNCEMENT

SUMMARY OF MINUTES OF

ANNUAL GENERAL MEETING OF SHAREHOLDERS OF

PT. BANK PAN INDONESIA, Tbk. abbreviated as PT. BANK PANIN, Tbk. The Board of Directors of PT. Bank Pan Indonesia, Tbk. abbreviated as PT. Bank Panin, Tbk. (hereinafter referred to as "Company") shall hereby notify the Shareholders of the Company, that the Company has held the Annual General Meeting of Shareholders

(hereinafter referred to as "Meeting") on:

Day/Date	: Wednesday, 22nd June 2022
Place	: Panin Bank Building 4th Floor,
	Jl. Jend. Sudirman - Senayan, Jakarta 10270

The Meeting Agenda shall be as follows:

1. Approval of the Company's Annual Report regarding business activities and Ratification of the Company's Annual Financial Statements including the Supervisory Report of the Company's Board of Commissioners for the 2021 financial year.
2. Approval for the use of the profits earned by the Company for the 2021 financial year and the distribution of dividends.
3. Decision of honorarium for members of the Company's Board of Commissioners and Authorization to the Company's Board of Commissioners to stipulate salary and allowances for members of the Company's Board of Directors.

1. Appointment of a Public Accountant who will audit the Company's books for the 2022 financial year.
2. Changes in the Company's Management.
3. Approval of the Update of the Company's Recovery Plan for January 2022 Revision and the Update on the Company's Revised Recovery Plan for June 2022 Revision.

A. Time

: 11.42 to 12.44 WIB

1. Members of the Company's Board of Directors and Board of Commissioners who attended the Meeting:
   Board of Directors:



President Director

: Herwidayatmo

• Vice President Director : Hendrawan Danusaputra

	Director	: Lionto Gunawan
	Director	: Antonius Ketut Dwirianto
Board of Commissioners:
	President Commissioner	: Nelson Tampubolon
	Commissioner	: Chandra Rahardja Gunawan
	Commissioner	: Gregory James Terry

1. The meeting was attended by 21,507,615,577 shares with valid voting rights or equivalent to 89.312% of the total number of shares with valid voting rights issued by the Company.
2. In the Meeting, opportunities to ask questions and/or provide feedback regarding each agenda item of the Meeting were given.

1. At the Meeting there were no questions and/or responses from the shareholders or their proxies.
2. The decision-making mechanism in the Meeting is as follows:
3. • Meeting resolutions were made by deliberations for consensus. If deliberation for consensus is not reached, a voting would be held.
   • The resolutions made by voting, number of votes and percentage of Meeting resolutions from all shares with votes present at the Meeting shall be as follows:

Agenda	Totally Agree	Abstain**	Do not agree
		21,507,615,577	8,763,679	-
1st	Agenda	shares or 100%	shares or
			0.04%
2nd	Agenda	21,507,615,577	250,000 shares	-
shares or 100%	or 0.00%
3rd	Agenda	21,507,615,577	250,300 shares	-
shares or 100%	or 0.00%
		21,504,862,366	250,000 shares	2,753,211
4th	Agenda	shares or	or 0.00%	shares or
		99.99%		0.01%
		21,249,651,434	9,350,043,352	257,964,143
5th	Agenda	shares or	shares or	shares or
		98.80%	43.47%	1.2%
6th	Agenda	21,507,615,577	250,300 shares	-
shares or 100%	or 0.00%

**) According to POJK (Indonesian Financial Services Authority Regulation) No. 15/2020, abstain votes shall follow the

majority vote. This amount is the calculation of the KSEI e- proxy and the Company's Registrar.

1. The resolutions of the Meeting are basically as follows:
   First Meeting Agenda
2. 1. Approve and ratify the Company's Annual Report on condition and course of the Company's business activities, which among others mentions the Company's Financial Statements for the 2021 financial year. Such Financial Statements had been audited by the Public Accounting Firm of Imelda & Partners (a member of Deloitte Touche Tohmatsu Limited) as reflected in a Letter Number 00079/2.1265/AU.1/07/1687-1/1/III/ 2022 dated 25th March 2022. The auditor shall have a fair opinion in all material respects as referred to in such Statements as well as a Supervisory report of the Board of Commissioners.
   2. By the approval for the Annual Report and ratification of the Financial Statements including the Balance Sheet and Profit and Loss Calculation of the Company for the 2021 accounting year, so it shall also mean to give full release and settlement (acquit et de charge) to all members of the Board of Directors and Board of Commissioners of the Company for their managerial and supervisory actions which they have carried out for the 2021 financial year, provided that the managerial and supervisory actions are

reflected in the Company's Balance Sheet and Profit and Loss Statement and/or Annual Report.

Second Meeting Agenda

1. Approve the use of the Company's Net Profit for the 2021
2. 1. 
      financial year, i.e. in the amount of IDR2,568,245,045,242.- (two trillion five hundred sixty eight billion two hundred forty five million forty five thousand two hundred and forty two Rupiah) as follows:
   2. IDR481,630,919,960.- (four hundred eighty one billion six hundred thirty million nine hundred nineteen thousand nine hundred and sixty Rupiahs) shall be decided as Cash Dividend or IDR20 (twenty Rupiahs) per share;
   3. The remaining Net Profit of IDR2,086,614,125,282.- (two trillion eighty six billion six hundred fourteen million one hundred twenty five thousand two hundred and eighty two Rupiahs) shall be used to increase the Company's Authorized Capital in order to support future business growth and it shall be recorded as retained profits.
3. Approve the granting of power and authority with substitution rights to the Board of Directors to stipulate
4. 1. schedule and procedure for the cash dividend payment of the 2021 financial year in accordance with applicable