PermataBank Announces Dividend Distribution at Annual General Meeting of Shareholders 2024

PT Bank Permata Tbk (“PermataBank” or “Bank”) shareholders have approved the agenda items proposed at its Annual General Meeting of Shareholders (“AGMS”) on 3 April 2024. The AGMS was supported by the eASY.KSEI facilities, an application used to arrange the AGMS electronically.

The seven AGMS agenda items that the shareholders approved are:

1. Approval of the 2023 Annual Report and ratification of the Financial Statements for the financial year ended 31 December 2023.
2. Approval of the allocation of net profit for the financial year ended 31 December 2023.
3. Appointment of the Public Accounting Firm and/or Public Accountant that will audit the Company’s accounts for the 2024 financial year, and the determination of honorarium of the said Public Accounting Firm and/or Public Accountant as well as other requirements regarding its appointment.
4. Appointment of the Sharia Supervisory Board ("DPS") for the period of 2024-2026.
5. Changes to the Management of the Company.
6. Determination of the remuneration and other allowances granted by the Company to the members of the Board of Commissioners, the Board of Directors, and the Sharia Supervisory Board.
7. Amendments of the Company's Articles of Association.

In the second agenda item, the AGMS approved the use of the Bank's net profit for the financial year ending 31 December 2023 at the amount of IDR2,585,217,889,077 to be distributed in dividends for the shareholders totaling approximately IDR904,532,819,550 (gross) or IDR25 per share.

In the fifth agenda item, the AGMS approved the appointment of Bapak Eddie Sajoga as the new Director of the Company for the term of office that will commence once all requirements for his appointment including approval from the respective Regulator, have been fulfilled and become effective, until the closing of the Company’s Annual General Meeting of Shareholders in 2027 or at any time during a General Meeting of Shareholders held in accordance with the provisions of the Company’s Articles of Association.

The shareholders also accepted the resignation of Herwin Bustaman as Sharia Business Unit Director and the appointment of Rudy Basyir Ahmad as the Director of the Company with concurrent roles and responsibility as the new Director Sharia Business Unit after accomplishment of the fit and proper test.

The composition of the Board of Commissioners and the Board of Directors of PermataBank is as follows:

Board of Commissioners:

Board of Directors:

Note: *)

*The appointment of Rudy Basyir Ahmad who currently serves as Director of the Company and concurrently serves as Director of the Company's Sharia Business Unit for a term of office after all the requirements for his appointment have been met including the obtaining of fit and proper approvals from the respective Regulators become effective.

**The appointment of Eddie Sajoga as Director of the Company for the term of office will become effective after all the requirements for his appointment has been fulfilled including approvals from the related Regulator become effective, until the closing of the Company's Annual General Meeting of Shareholders which will be held in 2027.

Chartsiri Sophonpanich, President Commissioner of PermataBank, said, "We are delighted that PermataBank continues to strengthen its position as one of the top ten banks in Indonesia. The hard work of PermataBank's management and employees has brought satisfactory results and earned the trust of customers. I am confident that Bangkok Bank and PermataBank will go from strength-to-strength as we work together as One Family, One Team to serve our customers with #DenganHati (with Heart). “

Meliza M. Rusli, President Director of PermataBank said, “PermataBank’s achievements in 2023 are truly only possible due to our customers’ trust that we are dedicated to serve them better. We would very much like to thank our shareholders for their continuing support in our endeavors to provide greater long term relationship value to our clients.”

Closing the year 2023, PermataBank continued its consistent performance by delivering a Net Profit of IDR2.6 trillion, growth of 28.4% YoY. The Bank's capital ratios are among the strongest of Indonesia’s largest commercial banks, with CAR and CET-1 ratios at 38.7% and 29.5%, respectively.