ADJUSTED SCHEDULE AND RULES OF CASH DIVIDEN PAYMENT

 

According to the decision agenda 2 (two) of AGMS as stated in above which decided for cash dividend payment of USD1.758.847 or of USD0,000697 per share which will distribute to 2.523.350.000 Company’s share, and as the follow-up of PT Bursa Efek Indonesia’s  Announcement No. Peng-00090/BEI.POP/04-2022 on April 7, 2022 of Updated Trading Holiday on 2022, herewith the adjusted schedule and rules of cash dividend payment as below listed:

Schedule of Cash Dividend Payment

No.

Remarks

Date

1.

End of Trading Period with the Rights of Dividend (Cum Dividend)

- Regular Market and Negotiation

  • - Market Cash

 

April 8, 2022

April 12, 2022

2.

Start of Trading Period with the Rights of Dividend (Ex Dividend)

- Regular Market and Negotiation

- Market Cash

 

April 11, 2022

April 13, 2022

3.

The date of Shareholders List who have the Rights of Dividend (Recording Date)

April 12, 2022

4.

The Date of Cash Dividend Payment

April 28, 2022

The Rules of Cash Dividend Payment

  1. Cash dividend will be given to Company’s Shareholders whose name are registered in Shareholder List or recording date on April 12, 2022 at 16.00 WIB and/or the Company’s Shareholder in stock account of PT Kustodian Sentral Efek Indonesia (“KSEI”) in the close trading of Indonesia Stock Exchange (IDX) on April 12, 2022 at 16.00 WIB.
  2. The cash dividend payment which will be paid to Company’s Shareholders whose name are registered in Shareholder List or recording date will used the middle rate of Bank Indonesia in recording date, on April 22, 2022.
  3. For the Shareholders whose shares in collective custody of KSEI, the cash dividend payment will through KSEI and will distributed on April 28, 2022 to the Customer Fund Account on Stock Company and/or the Custodian Bank where the Shareholders have the stock account. However, for the Company’s Shareholders whose shares not register in collective custody of KSEI the cash dividend payment will be transferred to Company’s Shareholders Account.
  4. Cash Dividend will be taxed in compliance with prevailing tax laws and regulations.
  5. According to the prevailing tax laws and regulation, cash dividend will exclude of tax object if received by the Shareholder of Domestic Corporate Taxpayer and the Company will not cut the income tax of cash dividend which paid to Domestic Corporate Taxpayer. Cash Dividend which received by the Shareholder of Domestic Individual Taxpayer will be excluded from Object tax until the dividend invested in Republic of Indonesia. For the Shareholder of Domestic Individual Taxpayer who not required with investment regulation as stated in above, then the received dividend will bears income tax in compliance with prevailing laws and regulation, and the income tax must be submit individually by Domestic Individual Taxpayer in compliance with Government Regulation No. 9 of 2021 on Tax Treatment to Support the Ease of Business.
  6. Company’s Shareholders can get the dividend payment confirmation by Stock Company or Custodian Bank where the Company’s Shareholders have the stock account, and then the Company’s Shareholders have responsible for reporting the dividend receipts on tax report in related with tax year in compliance with prevailing tax laws and regulation.
  7. For the Shareholders who are Offshore Corporate Taxpayer which the tax deduction will used rate of Double Taxation Avoidance Agreement must to be required Director General of Tax Regulation No. PER-25/PJ/2018 on The Rules of Implementation of Double Taxation Avoidance Agreement and submit document of record or receipt of DGT/SKD which has been uploaded in Directorate General of Tax website to KSEI or Stock Registrar PT Datindo Entrycom with the submission deadline on April 18, 2022, without the intended document, the paid of cash dividend will be used income tax of Article 26 of 20%.

 

Jakarta, April 11, 2022

Company’s Board of Directors