CALLING

ANNUAL GENERAL MEETING OF SHAREHOLDERS

PT PELAT TIMAH NUSANTARA, Tbk.

(PT LATINUSA, Tbk.)

The Board of Directors of PT Pelat Timah Nusantara, Tbk. or  PT Latinusa, Tbk. for short (referred as  “Company”) herewith to invite the Company Shareholders to attend Annual General Meeting of Shareholders (“Meeting”), which will be held on : 

With the Meeting agenda as follows :

1. Approval of the Company’s 2020 Annual Report which includes Company Activity Report, Board of Commissioner’s Supervision Report and Authorization of Company’s Financial Report which Year ended on December 31, 2020;
2. Determination of Fiscal Year 2020 Net Income Usage;
3. Appointment of Public Accounting Firm to audit Company’s Fiscal year 2021 Financial Report;
4. Decision on Salary, Honorarium and other allowances for member of Board of Commissioners and Board of Directors for Fiscal Year 2021;
5. Changes of the Company Management Structure; (Click here to see CV)
6. Changes of the Company Articles of Association in order to adjustment the Financial Service Authority (OJK) Regulation, including Regulation Number 15/POJK.04/2020 concerning the Plan and Implementation of General Meeting of Shareholders of Public Companies.

Description of meeting agenda

1. Agenda 1 to 4are the annual meeting agenda which required on Company Article of Association;
2. Agenda 5 is a follow up the Resignation of the Company’s Management;
3. Agenda 6 is an amendment to several acticles of the Company’s Article of Association in order to adjustment of POJK.15/POJK.04/2020, including Article 4 Paragraph 3 and Paragraph 4, Article 9, Article 10, Article 11, and Article 21.

Notes:

1. The company did not sent separate invitations to the shareholders, as this notice shall be considered as an official invitation to the meeting in accordance with article 82 paragraph (2) law No. 40 year 2007 regarding on Limited Liability Company
2. The Shareholders which eligible to attend the Meeting are whose name recorded on the Company’s Shareholders list and Company Shareholders on sub-account of Indonesian Central Securities Depository (KSEI) at the closing of stock trading on Indonesia Stock Exchange (IDX) on March 16, 2021 at 4.00 PM Western Indonesian Time.
3. The Shareholders who are unable to attend the Meeting may be presented by Proxy. Board of Directors, Board of Commissioners, and the Employees of the company can act as the proxy of the Shareholders on the Meeting, however the right as Authorized is not counted on voting issued.
4. Mechanism of Power of Attorney (POA):
   1. The Company suggests to the Shareholdres who are eligible to attend the Meeting and whose shares are held in the Collective Depository of PT Kustodian Sentral Efek Indonesia (KSEI), to give a POA to the Company’s Stock Registrar (BAE) (PT Datindo Entrycom) through the KSEI Electronic General Meeting System (eASY.KSEI) facility in the link  https://easy.ksei.co.id/egken/ provided by KSEI as a mechanism for providing electronic POA / e-proxy in the process of holding a Meeting.
   2. In addition to the electronic of POA / e-proxy as mentioned above, the Shareholders can provide a POA outside of the eASY.KSEI mechanism or conventional POA, whereas the Shareholdres can download the POA form ("click" POWER OF ATTORNEY to download) which can be filled in and a copy of the POA must be sent by email to DM@datindo.com.
   3. All of the Original Power of Attorney as referred to in point 4b above which has been completed must be submitted in person of by registered email that must be received by the Company through the Company Stock Registrar (BAE) PT Datindo Entrycom with address Jl Hayam Wuruk No 28 Jakarta 10120, at the latest on 3 (three) working days before the Meeting date on April 5, 2021 at 4.00 PM :
      1. The Shareholders or the proxies of the Shareholders who will attend the Meeting are requested to submit both copy of Identity Card (KTP) or other proof of Identity of the Authorize and the Proxy to the Company meeting registration office before entering the meeting room.
      2. The Shareholders whose legal entity is requested to bring a copy of Article of Association and it’s changes including the last Board composition;
5. The meeting materials for each agenda of the Meeting can be downloaded at www.latinusa.co.id since calling date of this Meeting until the date of the Meeting, by “click” on each agenda. The Shareholders who are aligible to attend have the rights to submit question ("click" QUESTION FORM to download) from the agenda via email sekper@latinusa.co.id , and the qustions will be submitted in a Meeting by the Proxy and recorded on the minutes of Meeting who prepared by Notary, and answer of these question will be sent via email of the Shareholders at the latest 3 (three) working days afte the Meeting.
6. The Notary assisted Stock Registrar will check and accounting votes for each agenda of the Meeting in each Meeting decision for the agendas, includes votes cast by Shareholders through eASY.KSEI based on the power of attorney who sent by the Shareholders as referred to above item 4 (four).
7. To facilitate arrangements and smoothen the Meeting, the Shareholders or their Proxies kindly requested to be in the Meeting room and conducted the registration at the latest 30 (thirty) minutes prior to the Meeting at the latest on 08.30 AM.

Postscript:

In accordance preventive action of the spread of Corona Virus (COVID-19), the Company facilitates implementation of the Meeting as follows :

1. Shareholders and The Proxy from Shareholders (“The Proxy”) who attend the Meeting is required to fullfill the Direction of the Government of Indonesia to comply with all of procedures to prevent the spread of COVID-19, policies and other arrangements implemented by the Company and the Building Management where the Meeting is held.
2. These preventive actions does not preclude the Shareholders who are willing to attend in the Meeting, however with regard to restrictions that may be applied in accordance with the Government Protocol which implemented by the Building Management or the Local Authority.
3. For Shareholders or their proxies who will present directly at the Meeting, the provisions and security and health protocols will be enforced in the context of handling COVID-19, as follows:
   1. Must show proof documents of Rapid Antigen Test with negative results, valid for a maximum of  2 days or SWAB PCR Test with negative results, valid for a maximum of 3 days after being issued.
   2. Must use a mask while in the area of the building where the meeting is held and during the meeting;
   3. Obliged to follow the procedure of health and body temperature checks to be carried out by the Company (maximum body temperature of 37,5ËšCelcius);
   4. At the time of registration, must submit a health declaration form that contains health information and travel. The health declaration form can be downloaded here;
   5. Must implement physical distancing policy according to the direction of the Company;
   6. Must immediately leave the building where the meeting is held as soon as the meeting is over.
4. Unhealthy shareholders or their proxies, especially having / feeling symptoms of being infected with COVID-19 (such as coughing, fever, and / or flu) are advised to provide a power of attorney.
5. The Company will re-announce if there are changes and / or additions to the provisions and regulations related to the procedure for conducting the Meeting with reference to the latest conditions and developments regarding integrated handling and control to prevent the spread of COVID-19

Jakarta, March 17, 2021

PT Pelat Timah Nusantara, Tbk.

Board of Directors