Approval to the Board of Directors of the Company to transfer, release or pledge all or most of the Company’s assets in one transaction or more, either separate or inter-related and/or act as Guarantor through the appropiation of Corporate Guarantee, in connection with the Company’s business activities and/or or subsidiaries, in the context of financial facilities which shall be obtained by the Company and/or subsidiaries from third parties including extensions or refinancing (and all additions and/or amendments thereto), up to a period deemed good by the Board of Directors of the Company, by complying with the provisions of POJK number 42/POJK.04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions (“POJK number 42/2020”) and POJK number 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities (“POJK number 17/2020”).

Explanation:
as stipulated in Article 18 paragraph 1 letter b and paragraph 6 of the Company’s Articles of Association, this agenda may be resolved in the Extraordinary General Meeting of Shareholders with quorum as stipulated in the Company’s Articles of Association and Law No. 40 of 2007 concerning Limited Liability Companies as amended by Law No. 11 of 2020 concerning Job Creation.