PT Agro Yasa Lestari Tbk
Domiciled in Central Jakarta
(“the Company“)
THE SUMMARY OF MINUTES OF
THE ANNUAL GENERAL MEETING OF SHAREHOLDERS (AGMS)
The Company’s Board of Directors hereby announces to the Company’s shareholders that the Company has convened an Annual General Meeting of Shareholders (the “AGMS”), held on 11:00 WIB – 12.14 WIB, at Jl. Balai Pustaka Barat No. 27 Rawamangun Jakarta Timur 13220, with the following summary:
AGMS Agenda
- Approval of the Company’s Annual Report, including the Financial Statement, and Board of Commisioner’s Report during the accounting year which ends on 31 December 2019.
- Approval to grant a full acquittal and discharge of responsibilities (acquit et de charge) to the Company’s Board of Directors and Board of Commissioners of their management and supervisory duties during the financial year of 2019, insofar reflected in the Company’s Annual Report and Financial Statement during the financial year which ends on 31 December 2019, except for any embezzlement, fraud and other criminal actions.
- Realization on utilization of proceeds from the Public Offering.
- Approval of the appointment of the Public Accountant Office to carry out an audit of the Company for the financial year ended on 31 December 2020.
Board of Commisioners and Board of Directors Attended the AGMS
| Board of Comissioners | ||
| President Commisioner | : | Mr. Hidayat Winardi |
| Independent Commisioner | : | Mr. Muhammar Amin |
| Board of Directors | ||
| President Director | : | Mr. Akam |
| Director | : | Mr. Arief Darmawan Mr. Haji Nully Sadar |
Shareholder Attendance
The AGMS was attended by the shareholders and/or their legitimate proxies, representing 597.969.300 shares with legitimate voting rights or equals to 70.07 % of 853.423.205 shares, or the full amount of shares with legitimate voting rights that the Company has issued. Therefore, the attendance has reached the quorum of the AGMS required by applicable laws and regulations.
Decision Making Mechanism
Any decision making in the AGMS are determined in amicable manner. However, if such decision cannot be made amicably, such decision shall be made through voting mechanism.
Shareholder’s Opportunity to Raise Question and/or Suggestion
The shareholders are given the opportunity to raise a question and/or giving suggestion in each AGMS agenda. Shareholders who raised questions and/or suggestion in each AGMS agenda are stated in the table below.
Decision Voting Result
| AGMS Agenda | Numbers of Vote/Shareholder | |||
| Agreed (%) | Did Not Agree (%) | Abstain (%) | Question/Suggestion | |
| First | 99,9999 | 0,00001 | 0 | None |
| Second | 99,9999 | 0,00001 | 0 | None |
| Third | 99,9999 | 0,00001 | 0 | None |
| Fourth | 99,9999 | 0,00001 | 0 | None |
AGMS Decision
The AGMS has decided to approve following matters below:
- Approved the Company’s Annual Report, including the Financial Statement audited by Budiman, Wawan, Pamudji dan Rekan Public Accountant Office, and Board of Commisioner’s Report during the accounting year which ends on 31 December 2019
- 2. Approved to grant a full acquittal and discharge of responsibilities (acquit et de charge) to the Company’s Board of Directors and Board of Commissioners of their management and supervisory duties during the financial year of 2019, insofar reflected in the Company’s Annual Report and Financial Statement during the financial year which ends on 31 December 2019, except for any embezzlement, fraud and other criminal actions.
- 3. Approved the realization on utilization of proceeds from the Public Offering.
- Approved to appoint Budiman, Wawan, Pamudji dan Rekan Public Accountant Office to carry out an audit of the Company for the financial year ended on 31 December 2020.
Jakarta, 28 December 2020
PT AGRO YASA LESTARI Tbk
Board of Directors