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1 One or more Shareholders representing at least 110 one tenth of the total number of issued shares of the Company with valid
voting rights; or 2 The Board of Commissioners.
f. The request as referred in point e is submitted to the Board of
Directors through a registered letter accompanied with the reason of, among others, but not limited to
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: 1 The Board of Director does not convene the annual GMOS in
accordance with the prevailing provisions. 2 Tenure of members of the Board of Directors andor Board of
Commissioners will expire, or 3 In the case that the Board of Directors is not avaiable or there is
a conflict of interest between the Board of Directors and the Company.
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g. Copy of the registered letter as referred to in point e which was submitted by Shareholders, is delivered to the Board of
Commissioners.
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h. The Board of Directors is obligated to conduct the callings of the annual GMOS and Extraordinary GMOS for a period of at least 15
fifteen days after the date of request for holding of GMOS is accepted.
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i. The annual GMOS and extraordinary GMOS convened by the Board
of Director based on the call of the GMS only discuss issues related to the reasons and other GMOS agenda as deemed necessary by
the Board of Director.
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j. In the event that the Board of Directors does not conduct the callings
of the annual GMOS and extraordinary GMOS, the request GMOS can be resubmitted accordingly by the Shareholders to the Board of
Commissioners, or the Board of Commissioners conducts its own callings of GMOS.
k. The Board of Commissioner is obligated to conduct the callings of the GMOS at the request of Shareholders for a period of at least 15
fifteen days after the acceptance date of the request.
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 6 and 7
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 5 and 7
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 8
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 9
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 12
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l. The GMOS held by the Board of Commissioner based on the callings
of GMOS only discusses the issues related to the reasons of holding GMOS.
5. Announcement and Callings of the GMOS
a. The Board of Directors conducts an annual GMOS and extraordinary GMOS preceded with callings of GMOS.
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b. The callings of GMOS is carried out for a period of at least 14 fourteen days prior to the date of the GMOS is held, by not taking
into account the date of the invitation and the date of the GMOS.
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c. The callings of GMOS is carried out through registered letter andor advertisement in newspaper.
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d. The callings of GMOS should mention the date, time, place and agenda of GMOS, accompanied with a notification that the materials,
which will be discussed in the GMOS, is available at the Company’s Office since the date of the callings of the GMOS up to the date of
the GMOS is held.
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6. Chairman of the GMOS
Unless specified otherwise in the Articles of Association, the GMOS is led by one of the shareholders who is elected by and from among those who
are present.
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7. Quorum of the GMOS
a. The GMOS can be held if in the GMOS at least 51 fifty one percent of the total number of shares with voting rights are present
or represented, unless the legislation andor the Companys Articles of Association specify otherwise.
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b. In case the quorum as referred to in point a is not reached, then the second callings of meeting can be conducted.
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c. In the second callings of GMOS, it must be mentioned that the first GMOS was held and did not reach the quorum.
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 4
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Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 15
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Law No.40 Year 2007 Article 82 Paragraph 2, Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 16
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Law No. 40 Year 2007 Article 82 Paragraph 3, Article of Association of PT SUCOFINDO PERSERO Article 23 Paragraph 17
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Article of Association of PT SUCOFINDO PERSERO Article 24 Paragraph 1
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.a
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.b
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.c
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d. The second GMOS as referred to in point c is valid and has the right to take a decision if in the GMOS at least 50 fifty percent of
the total number of shares with voting rights are present or represented, unless the Articles of Association of the Company
determines otherwise.
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e. In case the quorum of the second meeting as referred to in point d is not reached, the Company can appeal to the Chairman of the
District Court whose territory of yurisdiction covers the Company’s domicile, upon the proposal of the Company in order to determine
the quorum for the third GMOS.
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f. In the callings of the third GMOS it should be mentioned that the
second GMOS was held and did not reach the quorum, and the third GMOS will be held with a quorum that has been determined by the
Chairman of the District Court.
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g. The callings of the second and third GMOS are conducted at least 7 seven days prior to the second or third AGM is held.
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h. The second and third GMOS are held in 10 ten days at the earliest and no later than 21 twenty-one days after the date of the previous
GMOS is held.
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8. Voting Rights in the GMOS
a. Shareholders, either by themselves or represented by virtue of power of attorney, are entitled to attend the GMOS and uses their voting
rights in accordance with the number of shares they have.
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b. Chairman of the meeting has the right to request that power of attorney to represent the Shareholders is shown to him when the
meeting is held.
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c. In the meeting, every shares provides a right to its owner to issue 1 one vote.
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.d
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.e
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.f
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.g
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 1.h
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 2
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 3
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Article of Association of PT SUCOFINDO PERSERO Article 25 Paragraph 4
