LIABILITAS IMBALAN KERJA lanjutan EMPLOYEE BENEFITS LIABILITIES continued MODAL SAHAM DAN TAMBAHAN MODAL DISETOR

PT SOECHI LINES TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Sembilan Bulan yang Berakhir pada Tanggal-tanggal 30 September 2016 dan 2015, Tahun yang berakhir pada Tanggal 31 Desember 2015 Disajikan Dalam Dolar AS, kecuali Dinyatakan Lain PT SOECHI LINES TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Nine Month Periods Ended September 30, 2016 and 2015, Years Ended December 31, 2015 Expressed in US Dollar, unless Otherwise Stated 98

22. MODAL SAHAM DAN TAMBAHAN MODAL DISETOR lanjutan

22. SHARE CAPITAL AND ADDITIONAL PAID- IN CAPITAL continued

Berdasarkan Akta Notaris Irma Bonita, S.H., No. 27 tanggal 26 Maret 2015, pemegang saham Perusahaaan telah menyetujui antara lain untuk meningkatkan modal ditempatkan dan modal disetor Perusahaan dari semula sebesar Rp600.000.000.000 menjadi sebesar Rp705.900.000.000. Peningkatan modal sebesar Rp105.900.000.000 ekuivalen AS8.710.314 seluruhnya dilakukan dengan penawaran saham umum perdana pada tanggal 3 Desember 2014. Based on Notarial Deed No. 27 of Irma Bonita, S.H., dated March 26, 2015 , the Company’s shareholders have approved among others to increase the Company’s issued and paid capital from Rp600,000,000,000 to Rp705,900,000,000. The increase in paid in capital amounted to Rp105,900,000,000 equivalent to USD8,710,314 was made through Initial Public Offering IPO on December 3, 2014. Berdasarkan Akta Notaris Doddy Natadihardja, S.H., M.Kn. No. 16 tanggal 30 Juni 2014, pemegang saham Perusahaan memberikan persetujuan, antara lain untuk: Based on Notarial Deed No. 16 of Doddy Natadihardja, S.H., M.Kn., dated June 30, 2014, the Company’s shareholders agreed to, among others: a. meningkatkan modal dasar Perusahaan dari semula sebesar Rp1.400.000.000.000 menjadi sebesar Rp2.300.000.000.000. a. increase the Company’s authorized capital from Rp1,400,000,000,000 to Rp2,300,000,000,000. b. meningkatkan modal ditempatkan dan modal disetor Perusahaan dari semula sebesar Rp357.208.100.100 menjadi sebesar Rp600.000.000.000. Peningkatan modal sebesar Rp242.791.899.900 setara AS20.232.658 seluruhnya dilakukan dengan konversi utang Perusahaan kepada para pemegang saham. b. increase the Company’s issued and paid capital from Rp357,208,100,100 to Rp600,000,000,000. The increase in paid in capital amounted to Rp242,791,899,900 USD20,232,658 was made through conversion of the Company ’s payable to its shareholders . Rincian tambahan modal disetor adalah sebagai berikut: The detail of additional paid-in capital is as follows: 30 September September 30, 2016 2015 Difference in value arising from restructuring Selisih nilai transaksi restrukturisasi transactions of entities under entitas sepengendali yang disajikan common control which are presented sebagai tambahan modal disetor 65.141.276 65.141.276 as additional paid in capital Selisih lebih harga penawaran umum saham perdana dengan nilai Excess of the initial public offering nominal saham 39.196.414 39.196.414 share price over par value Biaya emisi saham 2.105.014 2.105.014 Share issuance cost Tambahan Modal disetor 201.258 - Addition Paid in capital Total 102.433.934 102.232.676 Total Berdasarkan Rapat Umum Pemegang Saham tanggal 20 Mei 2014, pemegang saham Perusahaan menetapkan cadangan laba ditahan sesuai Pasal 70 UU Perseroan Terbatas sejumlah AS7.284.280. Based on General Meetings of the Shareholders dated May 20, 2014 , the Company’s shareholders appropriated retained earnings in accordance with Pasal 70 UU Perseroan Terbatas amounting to USD7,284,280. Berdasarkan Rapat Umum Pemegang Saham Tahunan tanggal 3 Juni 2015, pemegang saham Perusahaan menetapkan tambahan cadangan laba ditahan sesuai Pasal 70 UU Perseroan Terbatas sejumlah AS215.720. Based on Annual General Meetings of the Shareholders dated June 3, 2015 , the Company’s shareholders made additional appropriation of retained earnings in accordance with Pasal 70 UU Perseroan Terbatas amounting to USD215,720.