Extraordinary General Meeting of Shareholders (EGMS) 2022

Strictly adhering to health protocols, Chandra Asri held an Extraordinary General Meeting of Shareholders (EGMS) on August 5, 2022. The EGMS, which took place at Wisma Barito Pacific, Jakarta, was attended by the Board of Commissioners and Directors of Chandra Asri both in person and virtually. During the agenda, members agree on several decisions proposed by the Company. The first approval is regarding the stock split of Chandra Asri with a ratio of 1:4, so that the nominal value of Chandra Asri's shares which currently amount to Rp. 200, - will change to Rp. 50, - per share. This corporate action is expected to increase the liquidity of Chandra Asri's stock on the market and attract more retail investors. In the second agenda, the meeting approved the appointment of Mr Prapote Stianpapong as a new member of Chandra Asri's Board of Directors, replacing Mr Somkoun Sriwattagaphong, starting from October 1, 2022, until the closing of the Chandra Asri Annual General Meeting of Shareholders in 2024. Chandra Asri greatly appreciates the dedication and contribution of Mr Somkoun Sriwattagaphong during his time as Production Director of Chandra Asri.