The Board of Directors of the Company will submit the annual report of the Board of Directors on the activities and financial results of the Company for the year ended December 31, 2023 to seek approval from the Meeting.

The annual report mostly described in the Annual Report prepared by the Board of Directors as further assesed by the Board of Commmisioners of the Company, which is available in pdf format and can be downloaded from the Company’s website.

The annual report of the Company also contained the report on the supervision duty of the Board of Commissioners of the Company for the year ended December 31, 2023.

Click here to download.

The Board of Directors of the Company will propose to the Meeting to accept and to approve the Company’s Financial Statements including Balance Sheet and Income Statement for the year ended December 31, 2023, which were audited by Public Accountant firm “Purwantono, Sungkoro & Surja” with unmodified opinion as stated in the Report No. 00288/2.1032/AU.1/04/0701-3/1/III/2024 dated March 25, 2024, which presented in and is part of the Annual Report of the Company as described above.

The Board of Directors of the Company will propose to the Meeting the use of net profit of the Company for the year ended December 31, 2023.

In relation to the expiry of the office term of current members of the Board of Commissioners and Board of Directors of the Company at the closing of the AGM in 2024, the Board of Directors will submit to the Meeting the recommendation from the Company’s Nomination and Remuneration Committee to (i) re-appoint the existing members of the Board of Commissioners and Board of Directors of the Company and (ii) to appoint a new member of the Board of Directors of the Company, for the term of office until the closing the AGM of the Company in 2027.

The curriculum vitae of all current members of the Board of Commissioners and the Board of Directors of the Company are available in the Company’s Annual Report, while the curriculum vitae of the candidate of the new member of the Board of Directors of the Company can be accessed through the link below.

Mr. CHANDRA ARIF SANTOSO, Indonesian Citizen, born in Jakarta, on March 3, 1970.

Currently, Mr. Chandra is acting as Director of PT Indolakto, a subsidiary company of PT Indofood CBP Sukses Makmur Tbk.

Mr. Chandra earned his Bachelor of Engineering majoring in Industrial Engineering in 1994 from California State Polytechnic University and Master of Business Administration in 1996 from California State Polytechnic University.

The Board of Directors of the Company will propose to the Meeting the recommendation from the Nomination and Remuneration Committee of the Company for the total remuneration of the Board of Commissioners and the Board of Directors of the Company from January 1, 2024 to December 31, 2024.

The Board of Directors of the Company will submit the recommendation from the Board of Commissioners and Audit Committee of the Company which propose the Meeting to appoint a Public Accountant who is part of Public Accountant Firm “Purwantono, Sungkoro & Surja”, to audit the Company’s Consolidated Financial Statement for the year ended December 31, 2024, as well as to authorize the Board of Directors of the Company to determine the honorarium and other conditions.