PT Wijaya Karya Beton Tbk or WIKA Beton (IDX:WTON) held its Annual General Meeting of Shareholders (AGMS) for the fiscal year 2023 on Friday, May 17, 2024. The AGMS of WIKA Beton took place face-to-face at the Auditorium Room, WIKA Tower 2 Jakarta, as well as electronically using facility of Electronic General Meeting System KSEI (sistem eASY KSEI).

The AGMS began at 14:31 WIB and was attended by 5,916,014,049 shares, representing 67.87% of the total 8,715,466,600 shares issued by the Company. During the meeting, the Company obtained approval for 7 (seven) agenda items of the AGMS as follows:

1. Approval of the Company's Annual Report including the Supervisory Board Report for the Fiscal Year 2023, and Approval of the Company's Consolidated Financial Statements for the Fiscal Year ended December 31, 2023, as well as Granting Full Release and Discharge (volledig acquit et de chargeto the Board of Directors for Management Actions and to the Board of Commissioners for Supervisory Actions Undertaken During the Fiscal Year 2023.
2. Determination of the Utilization of the Company's Net Income for the Fiscal Year 2023.
3. Appointment of the Public Accounting Firm (KAP) to Audit the Company's Financial Statements for the Fiscal Year 2024.
4. Determination of Salary/Honorarium, Allowances, and Other Facilities for 2024 and Performance Bonuses for the Fiscal Year 2023 for the Directors and Commissioners of the Company.
5. Approval of the Confirmation/Ratification of the Integrated Governance Policy and Guidelines for the Principles of Subsidiary Management and Integrated Governance of PT Wijaya Karya (Persero) Tbk.
6. Approval of Amendments to the Company's Articles of Association.
7. Changes in the Composition of the Board of Directors and Board of Commissioners of the Company.

Under agenda item two, the AGMS determined the Utilization of the Net Profit attributable to the Owners of the Parent Entity of the Company for the Fiscal Year ended December 31, 2023, amounting to Rp34.17 billion as follows: (1) 20% of the Net Profit or Rp6.88 billion was allocated as Cash Dividends to Shareholders, amounting to Rp0.79 per share; (2) 80% of the Net Profit or Rp27.24 billion was allocated as other reserves.

Meanwhile, under agenda item seven, the AGMS made the following decisions:

1. Confirmed the honorable dismissal of Mr. Priyo Suprobo as Commissioner;
2. Honorable dismissal of Mr. Hermawan Dewayanto as President Commissioner;
3. Honorable dismissal of Mr. Taufik Dwi Wibowo as Director of Operations and Supply Chain Management;
4. Honorable dismissal of Mr. Ahmad Fadli Kartajaya as Director of Finance, Human Capital, & Risk Management;
5. Appointment of Mr. Eko Sujiyanto as President Commissioner;
6. Appointment of Mr. Iswandi Imran as Independent Commissioner;
7. Appointment of Mr. Syailendra Ogan as Director of Finance, Human Capital, & Risk Management;
8. Appointment of Mr. Agus Pramono as Director of Operations and Supply Chain Management.

Thus, the composition of the Board of Commissioners of WIKA Beton has been revised to:

The composition of WIKA Beton's Board of Directors is held by executives as follows:

All family of WIKA Beton would like to express gratitude for the dedication and guidance of the management who have contributed to the building and advancement of WIKA Beton. We also extend our congratulations and best wishes to the new members of the management team. May they always be trustworthy and capable of leading WIKA Beton towards its vision of becoming a trusted global company providing sustainable solutions in the concrete industry.