UMUM GENERAL Basic and diluted loss per share

PT Bayan Resources Tbk 126 PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 51 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2015 DAN 2014 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2015 AND 2014 Expressed in United States Dollars, unless otherwise stated

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1. GENERAL

PT Bayan Resources Tbk. “Perusahaan” didirikan pada tanggal 7 Oktober 2004, berdasarkan Akta Notaris No. 12 tanggal 7 Oktober 2004 yang dibuat di hadapan Yani Indrawaty Wibawa, S.H., notaris di Jakarta. Akta Notaris tersebut mendapat pengesahan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dalam Surat Keputusan No. C-30690 HT.01.01.TH.2004 tanggal 21 Desember 2004. PT Bayan Resources Tbk. the “Company” was established on 7 October 2004 based on Notarial Deed No. 12 dated 7 October 2004 of Yani Indrawaty Wibawa, S.H., notary in Jakarta. The Notarial Deed was approved by the Minister of Law and Human Rights of the Republic of Indonesia by Virtue of Decree No. C-30690 HT.01.01.TH.2004 dated 21 December 2004. Anggaran Dasar Perusahaan telah mengalami beberapa kali perubahan. Perubahan terakhir berdasarkan Akta Notaris No. 145 tanggal 26 Juni 2015 yang dibuat dihadapan Mala Mukti, S.H., notaris di Jakarta, yang pada pokoknya berisi mengenai penyesuaian Anggaran Dasar Perusahaan dengan peraturan Otoritas Jasa Keuangan. The Company’s Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 145 dated 26 June 2015 of Mala Mukti, S.H., notary in Jakarta, mainly regarding the amendment of the Company’s Articles of Association to conform with the requirements of the Financial Services Authority. Akta Notaris tersebut telah diberitahukan kepada Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dengan diterbitkannya Surat Penerimaan Pemberitahuan Data Perseroan No. AHU-AH.01.03- 0946835 tanggal 29 Juni 2015. The Notarial Deed has been notified to the Minister of Law and Human Rights of the Republic of Indonesia as evidenced by Notification and Acceptance Letter No. AHU-AH.01.03-0946835 dated 29 June 2015. Pada tanggal 12 Agustus 2008, Perusahaan melakukan Penawaran Umum Perdana “IPO” sebanyak 833.333.500 lembar saham biasa yang terdiri dari 500.000.000 lembar saham biasa atas nama milik Pemegang Saham Penjual saham divestasi dan 333.500.000 lembar saham biasa yang baru ditempatkan Saham Baru. Penawaran saham kepada masyarakat tersebut dicatat di Bursa Efek Indonesia pada tanggal 12 Agustus 2008. On 12 August 2008, the Company conducted an Initial Public Offering “IPO” of 833,333,500 ordinary shares consisting of 500,000,000 ordinary shares on behalf of the Seller Shareholders divestment shares and 333,500,000 newly issued ordinary shares New Shares. The shares offered to the public in the IPO were listed on the Indonesia Stock Exchange on 12 August 2008. Aktivitas utama Perusahaan adalah perdagangan dan jasa. Perusahaan memulai operasi komersialnya pada Januari 2005. The principal activity of the Company is trading and services. The Company commenced its commercial operations in January 2005. Kantor pusat Perusahaan berlokasi di Gedung Office 8, lantai 37, SCBD Lot 28, Jalan Jenderal Sudirman Kav. 52-53, Jakarta. Perusahaan didirikan dan berdomisili di Indonesia. The Company’s head office is located at Office 8 Building, 37 th floor, SCBD Lot 28, Jalan Jenderal Sudirman, Kav. 52-53, Jakarta. The Company is incorporated and domiciled in Indonesia. Perusahaan memiliki 82 karyawan pada tanggal 31 Desember 2015 2014: 52 tidak diaudit. The Company has 82 employees as at 31 December 2015 2014: 52 unaudited. Susunan Dewan Komisaris dan Direksi Perusahaan pada tanggal 31 Desember 2015 dan 2014 adalah sebagai berikut: The Composition of the Company’s Boards of Commissioners and Directors as at 31 December 2015 and 2014 were as follows: Komisaris Utama : Dato’ Dr. Low Tuck Kwong : President Commissioner Komisaris : Michael Sumarijanto : Commissioners Mauro Montenero Komisaris Independen : Rozik B. Soetjipto : Independent Commissioners Djanadi Bimo Prakoso Direktur Utama : Chin Wai Fong : President Director Direktur : Lim Chai Hock : Directors Engki Wibowo Jenny Quantero Low Yi Ngo Alastair McLeod Russell John Neil Lee Je-Hyung Hermanto Suparman Direktur tidak terafiliasi : R. Soedjoko Tirtosoekotjo : Non-affiliated Director Laporan Tahunan 2015 | Annual Report 2015 127 PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 52 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2015 DAN 2014 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2015 AND 2014 Expressed in United States Dollars, unless otherwise stated

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