2020 General Meeting of Shareholders

21 DECEMBER 2020

On December 21, 2020, PT Penjaminan Infrastruktur Indonesia (Persero) / PT PII held an Extraordinary General Meeting of Shareholders (EGMS) Approval of Amendments to the Company's Work Plan and Budget (RKAP) for 2020 and the Annual General Meeting of Shareholders (AGMS) Approval For the 2021 RKAP. This activity is carried out through video conference media based on consideration of the provisions related to health protocols in preventing the spread of COVID-19.

The meeting is chaired by the Director General of State Assets of the Ministry of Finance of the Republic of Indonesia who acts as the power of the Minister of Finance representing the Republic of Indonesia in his position as Shareholder of the Company, attended by the leadership and technical team of the Directorate General of State Assets, the Board of Commissioners and Directors of PT PII and the ranks. The agenda and results of the EGMS are for approval of the Amendment to the PT PII's 2020 Work Plan and Budget (RKAP) to adjust for the implementation of the expansion of PT PII's mandate, which will start in 2020.

Meanwhile, the implementation of the AGMS is part of the Company's routine agenda regarding the approval of the RKAP, as well as the performance contract of the Board of Directors and Board of Commissioners of PT PII in 2021.