NOTICE TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF PT SUMI INDO KABEL Tbk

The Board of Directors of PT SUMI INDO KABEL, Tbk., having its domicile in Tangerang ("Company") hereby submitted Notice to the Shareholders of the Company to attend the Annual General Meeting of Shareholders ("Meeting"), which will be held on:

Day/Date :  Friday, 23 August 2024

Time        :  09:00 WIB (Western Indonesian Time) until the closing

Venue     :   Office of PT SUMI INDO KABEL Tbk

                   Jl. Gatot Subroto Km 7,Pasir Jaya, Jatiuwung, Tangerang 15135

Agenda of the Meeting will be as follows:

Explanation:

Pursuant to Article 69 and Article 78 of Law No. 40 Year of 2007 on Limited Liability Companies ("Company Law") as amended by the Law No. 6 of 2023 regarding the Stipulation of the Government Regulation in Lieu of Law No. 2 of 2022 regarding Job Creation to become Law, the Annual Report and the Supervisory Task Report of the Board of Commissioners must obtain approvals from the Meeting and the Financial Statements of the Company must obtain ratification from the Meeting, therefore the Company submitted this agenda in the Meeting.

2.    Determination of the utilization of the net profit of the Company for the financial year 2023 as ended on the 31st of March 2024.

Explanation:

Pursuant to Article 70 and Article 71 paragraph (1) of the Company Law, the use of net profit of the Company must be determined in the Meeting, therefore the Company submitted this agenda in the Meeting.

3.    Appointment of the Public Accountant and/or Public Accountant Office to audit the Company's book for the financial year of 2024 being ended on the 31st of March 2025.

Pursuant to Article 10 paragraph 3 (c) and paragraph 4 of the Articles of Association of the Company, Article 59 Financial Services Authority Regulation (“POJK”) No. 15/POJK.04/2020 concerning Plan and Implementation of General Meeting of Shareholders of Public Companies, and Article 3 paragraph 1 POJK No. 9 Year 2023 concerning the Utilization of a Public Accountant and Public Accounting Firm in the Financial Services Activities, a Public Accountant and Public Accounting Firm that will be appointed to audit the Company's books for the current year must be determined in the Meeting, therefore the Company submitted the above agenda in the Meeting.

4.    The Change of Composition of the Company's Management

Based on Article 13 paragraph 4 and Article 16 paragraphs 4 and 5 of the Company's Articles of Association in conjunction with POJK No. 33/POJK.04/2014 concerning the Board of Directors and Board of Commissioners of Issuers or Public Companies, the Company's management members are appointed and terminated by the General Meeting of Shareholders and in connection with the resignation of a member of the Board of Directors and the office period of the Company's current Board of Directors and Board of Commissioners will be expiring by the closing of the Meeting, therefore the Company submitted this agenda in the Meeting.

5.    Determination of the salary and others allowances for each member of the Board of Directors and the Board of Commissioners of the Company.

Pursuant to the Article 96 paragraph 1 in conjunction with the Article 113 of the Company Law, the determination of salaries and other allowances for each member of the Board of Directors and Board of Commissioners must be stipulated in the Meeting, therefore the Company submitted this agenda in the Meeting.

1.  This Notice shall be applicable as an official invitation. It may also be found in the website of PT Kustodian Sentral Efek Indonesia (“KSEI”) (www.ksei.co.id) Indonesia Stock Exchange's Website (www.idx.co.id) and the Company's website (http://www.sikabel.com),

2.   Any materials related to the agenda of the Meeting are available at the Company's office as from the date of this Notice.

3.   Shareholders who are entitled to attend the Meeting are those whose names are registered in the Register of Shareholders of the Company at the closing of the trading hours of the Stock Exchange and for the Company's shares that are in collective custody only the account holders or their proxies whose names are registered with the custodian bank or securities company holders of the KSEI account. his name is recorded as of Wednesday, July 31, 2024 until 16.00 WIB. For KSEI securities account holders in collective custody, they are required to provide a list of shareholders they manage to KSEI to obtain the Written Confirmation for Meeting ("KTUR").

4.   The shareholders may participate in the Meeting under following mechanisms:

a.  physically present in the Meeting; or

b.  electronically present in the Meeting through the eASY.KSEI application; or

c.  electronically present in the Meeting through the electronic proxy mechanism through the eASY.KSEI application ("e-proxy").

5.   The shareholders who may directly present electronically or provide its proxy electronically ("e­ proxy") are local individual shareholders whose shares are maintained in the collective deposit of KSEI.

6.   In order to use the eASY.KSEI application, the shareholders may access the eASY.KSEI menu, Login eASY.KSEI submenu on the AKSes facility (https://akses.ksei.co.idl).

a.      Shareholders inform their presence or appoint their proxies and/or submit their vote choices to eASY.KSEI, no later than 12.00 WIB on 1 (one) working day prior to the date of the Meeting.

b.      Shareholders who will attend electronically or provide their power of attorney electronically to the Meeting via eASY.KSEI, must pay attention to the following matters:

i.  Registration Process;

ii.  Process of Submitting Questions and/or Opinions Electronically;

iii.   Voting/Voting Process;

iv.  Meeting View.

Guidelines for registration, use and further explanation regarding eASY.KSEI can be downloaded via the eASY.KSEI website (https://easy.ksei.co.id).

7.  The Company urges the Company's Shareholders to attend the Meeting electronically or to authorize their attendance to the Company's Securities Administration Bureau, namely PT. Raya Saham Registra.

8.   Shareholders and/or their proxies who will be physically present, before entering the Meeting room, are required to fill out a list of attendees and submit a photocopy of KTP or other identification to the Company's registration/registration officer. Shareholders in the form of legal entities are required to bring proof of authority to represent legal entities, such as the Articles of Association and their amendments, letters of approval/approval from the competent authority, as well as deed containing the last changes to the management who are still in office at the Meeting.

9.  To facilitate the arrangement and order of the Meeting, the Shareholders or their proxies who are physically present are kindly requested to be at the Meeting venue no later than 30 minutes before the Meeting begins.