Results of BCA's Annual General Meeting of Shareholders

Jakarta, 17 March 2022 – PT Bank Central Asia Tbk (“the Company”) today held the Annual General Meeting of Shareholders (“AGMS”) at BCA Tower, Grand Indonesia, on Jalan MH Thamrin No. 1 Jakarta 10310. During the AGMS, BCA continued to follow health protocols in accordance with government directives.

The AGMS has made decisions on several matters, outlined below:

1. Approved the Annual Report including the Company's Financial Statement and the Board of Commissioners Supervisory Report for the financial year ending on December 31, 2021. With the approval of these reports, the AGMS granted full release and discharge of responsibility (acquit et de charge) to members of the Board of Directors for their actions related to the management of the Company and to members of the Board of Commissioners for their actions related to the supervision of the Company performed during the financial year ending on December 31, 2021;
2. In regards to the Net Profit obtained by The Company during the 2021 financial year amounting to Rp31.4 trillion, the AGMS has approved its appropriation, including among others to be distributed as cash dividends of Rp145.00 per share. 

   The cash dividends include the interim dividends for the 2021 financial year of Rp25.00 per share, previously distributed on December 7, 2021. The remaining dividends of Rp120.00 per share will be distributed to the shareholders on a date to be determined later by the Board of Directors;

3. In regards to changes in the composition of the Board of Directors, as follow:
   1. With consideration of the decision of the Company’s AGMS in 2021 concerning the term of office of Suwignyo Budiman as Deputy President Director, the AGMS hereby determined the expiration of the term of service of Suwignyo Budiman as Deputy President Director to be effective as at the date his successor is effectively in office;
   2. To express sincere gratitude and appreciation to Suwignyo Budiman for his contribution and services during his tenure as a member of the Board of Directors;
   3. To appoint Gregory Hendra Lembong as Deputy President Director, effective on the first working day of the following month after the appointment is approved by the Financial Services Authority (“OJK”), with a term of office up to the closing of the AGMS to be held in 2026;
   4. To replace the Director in charge of the Company’s compliance function, previously served by Haryanto Tiara Budiman, with Lianawaty Suwono, to be effective on the first working day of the following month after the appointment of Lianawaty Suwono as the Director in charge of the Company’s compliance function is approved by OJK, with the term of service of Lianawaty Suwono as Director in charge of the Company’s compliance function being up until the closing of the AGMS to be held in 2026;
   5. To appoint Antonius Widodo Mulyono as Director, effective on the first working day of the following month after the appointment is approved by OJK, with a term of office up to the closing of the AGMS to be held in 2026;
   6. To affirm that following the effective changes to the membership of the Board of Directors as referred to in letters a, c, d and e above, and as there were no changes to the composition of the Board of Commissioners, therefore the membership composition of the Board of Commissioners and Board of Directors in office are as follow:

Board of Commissioners

Board of Directors

4. Grant power and authority to:
   1. Majority Shareholder to:
      1. Determine the type and/ or amount of honorarium, allowances, and/ or facilities for members of the Board of Commissioners serving in and during the 2022 financial year;
      2. Determine the amount of bonus payments (tantieme) and the distribution for members of the Board of Commissioners and members of the Board of Directors who served in and during the 2021 financial year, including all other matters related to such distribution of tantieme;
   2. To the Board of Commissioners to determine the type and/ or amount of salaries, allowances and/ or facilities for members of the Board of Directors serving during the 2022 financial year;
5. To appoint the Public Accountant Firm of Tanudiredja, Wibisana, Rintis & Rekan (a member firm of the PwC global network), as a Registered Public Accountant Firm with OJK, and Mr. Jimmy Pangestu as a Public Accountant at the Public Accountant Firm of Tanudiredja, Wibisana, Rintis & Rekan (a member firm of the PwC global network) and a Registered Public Accountant with OJK, to audit/examine the Company’s books and records for the financial year ending 31 December 2022;
6. To grant power and authority to the Board of Directors, with the approval of the Board of Commissioners, to determine and pay the interim dividends for the 2022 financial year, if the Company’s financial condition allows, while considering the applicable laws and regulations;
7. To approve the Revised Recovery Plan of the Company. 

Going forward, BCA is committed to continuously providing innovations in product and services, while strengthening and expanding the financial technology ecosystem and the customer base, according to the latest market developments.

BCA's 2022 AGMS - BCA's President Commissioner Djohan Emir Setijoso (second from the right), President Director Jahja Setiaatmadja (third from the right), and representatives of the Board of Commissioners and Directors during the Annual General Meeting of Shareholders (AGMS) in Jakarta, Thursday (17/03). In regards to the Net Profit obtained by The Company during the 2021 financial year amounting to Rp31.4 trillion, the AGMS has approved its appropriation, including among others to be distributed as cash dividends of Rp145.00 per share. The cash dividends include the interim dividends for the 2021 financial year of Rp25.00 per share, previously distributed on December 7, 2021. The remaining dividends of Rp120.00 per share will be distributed to the shareholders on a date to be determined later by the Board of Directors;