ENGLISH TRANSLATION DECISION STATEMENT OF SHAREHOLDERS TAKEN OUTSIDE (cixcular) SHAREHOLDERS MEETING pr. MEDCO ENERGI MENAMAS" Number :04.- “At time 10.07 WIT(ten past seven minutes Western of - Indonesia Time) .- = -on this day, Thursday, dated 11-02-2021(the eleventh- of February two thousand and twenty one). “Appeared before me, Argo Wahyu Jati Kusumo, Sarjana Hukum, Magister Kenotariatan, Notary South Tangerang, in the presence of witnesses who are known to me, Notary and whose names will be - mentioned at the end of this Deed : - -Mister IBNU NURZAMAN, was born in Jakarta, on 13-09-1971 (the thirteenth of September one thousand nine hundred and seventy one), Indonesian - Citizen, Private Employees, residing in Jakarta, -. Jalan Karang Asri V BLK C4/5, Neighborhood Ward --- 007, Neighborhood Block 009, Lebak Bulus ~- Sub-District, Cilandak District, Kota Administrasi Jakarta Selatan, holder Identity Card with identity number 3174061309710003 ~The Appearer known by me, Notary. ~The Appearer is in the city of south tangerang. “According to his statement in this matter acting - based on the power of attorney given by Mister DANNY PRADITYA as President Director of PT. MEDCO ENERGI MENAMAS as it turns out from power of attorney dated 10-02-2021 (the tenth of February two thousand and - twenty one) .~ 12ENGLISH TRANSLATION DECISION STATEMENT OF SHAREHOLDERS TAKEN OUTSIDE (cixcular) SHAREHOLDERS MEETING pr. MEDCO ENERGI MENAMAS" Number :04.- “At time 10.07 WIT(ten past seven minutes Western of - Indonesia Time) .- = -on this day, Thursday, dated 11-02-2021(the eleventh- of February two thousand and twenty one). “Appeared before me, Argo Wahyu Jati Kusumo, Sarjana Hukum, Magister Kenotariatan, Notary South Tangerang, in the presence of witnesses who are known to me, Notary and whose names will be - mentioned at the end of this Deed : - -Mister IBNU NURZAMAN, was born in Jakarta, on 13-09-1971 (the thirteenth of September one thousand nine hundred and seventy one), Indonesian - Citizen, Private Employees, residing in Jakarta, -. Jalan Karang Asri V BLK C4/5, Neighborhood Ward --- 007, Neighborhood Block 009, Lebak Bulus ~- Sub-District, Cilandak District, Kota Administrasi Jakarta Selatan, holder Identity Card with identity number 3174061309710003 ~The Appearer known by me, Notary. ~The Appearer is in the city of south tangerang. “According to his statement in this matter acting - based on the power of attorney given by Mister DANNY PRADITYA as President Director of PT. MEDCO ENERGI MENAMAS as it turns out from power of attorney dated 10-02-2021 (the tenth of February two thousand and - twenty one) .~ 12_ “Made under hand and a stamp, originally simply ~ shown to me, Notary and a photocopy attached to this ~ deed.- -The Appearer as authorized as mentioned above hereby explains, PT. MEDCO ENERGI MENEMAS, domiciled at South Jakarta Municipal Administration, a limited liability company established under the law of The Republic of - + Indonesia, in which its articles of association are ~~ incorporated in the deed of Establishment dated - 24-02-2004 (the twenty fourth February two thousand and four), Number 06, made before made before MARDIAH ---- = SAID, Sarjana Hukum, Notary in Jakarta, and has been - approved by the Minister of Law and Human Rights of —- the Republic of Indonesia, as it turns out from his -~ pecree dated 11-03-2004 (the eleventh March two ~ Number C-05909 HT.01.01.TH.2004, thousand and four), t's articles of association have been which company amended by: peed dated 14-12-2006(the fourteenth of December ~~ two thousand and six), Number 07, made before ~ CHATERINA SITUMORANG, Sarjana Hukum, Notary in ~ : Jakarta, the deed where the receipt of the notice ~ the change of the company's data has been received~ and recorded in the database of the Legal and Human Rights Administration System of the Ministry of Law and Human Rights Republic of Indonesia, as evident~ in the Letter of Acceptance of Notification of ~ Changes in the Data of the Company, dated ~ 21-12-2006 (the twenty first of December two ~ thousand and six), Number W7-HT.01.10-5353.~ ~| peed dated 27-12-2007 (the twenty seventh of — Tn_ December two thousand and seven), Number 08, made ~ before LEGALIA RIAMA ULI SIRAIT, Sarjana Hukum, Notary in Tangerang, and has been approved by the - Minister of Law and Human Rights of the Republic of Indonesia, as it turns out from his Decree dated -~ 11-02-2008 (the eleventh of February two thousand -~ and eight), Number AHU-06435.AHO1.02.Tahun 2008 Deed dated 23-12-2011 (the twenty third of December- two thousand and eleven), Number 26, the deed where the receipt of the notice the change of the company's data has been received and recorded in -- the database of the Legal and Human Rights — Administration System of the Ministry of Law and -~ Human Rights Republic of Indonesia, as evident in ~ the Letter of Acceptance of Notification of ~ Changes in the Data of the Company, dated — 17-01-2012 (the seventeenth of January two - thousand and twelve), Number AHU-AH.01.10-01655. Deed dated 01-02-2013(the first of February two - thousand and thirteen), Number 07, the deed where ~ the receipt of the notice the change of the - company's data has been received and recorded in -- the database of the Legal and Human Rights - Administration System of the Ministry of Law and -- Human Rights Republic of Indonesia, as evident in - the Letter of Acceptance of Notification of Changes in the Data of the Company, dated - 07-03-2013 (the seventh of March two thousand and -- thirteen), Number AHU-AH.01.10-08268. -Two deeds were made before YURISA MARTANTI, - OSD Bae Magister Hukum, Notary in Jakarta.-- 14ae Deed iS ed dated 18-12-2017 (the eighth of Decemb ecember tuo -— thousand and seventeen), wumber 09 ai : ex 09, made before me Notary, the deed where the receipt of th t e notice the change of the company's data has been receive and recorded in the database of the Legal ant Sonen Rights Administration System of the Ministry of Law and Human Rights Republic of Indonesia, as a in the Letter of Acceptance of Notification of --- Changes in the Data of the Company, dated -~ 22-12-2017 (the twenty second of December two ~ thousand and seventeen), - Number AHU-AH.01.03-020430 Lastly amended by deed dated 27-07~2020(the twenty- seventh of July two thousand and twenty), Number -- 06, the deed where the receipt cf the notice the ~- change of the company's data has been received and recorded in the database of the Legal and Human -~~ Rights Administration System of the ¥ istry of Law and Human Rights Republic of Indonesia, as evident in the Letter of Acceptance of Notification of ~ Changes in the Data of the Company, 29-07-2020 (the~ twenty nineth of July two thousand end twenty), --~ Number AHU-AK.01.03-0316206. -and hereinafter referred to as “the Company", has ~~~ made a decision approved by all The Company's --~ Shareholders, namely: ---~ 1. PT. MEDCO POWER INDONESIA(“MPI”), a limited ~ liability company incorporated in Republic of Indonesia and having its registered office at ~~ {The Energy Building, 50% Floor, SCBD Lot 11 A, 15ee. Jalan Jenderal Sudixman Kav- gouth Jakarta, 52-53, Senayan, ~--~ Kebayoran Baru, as the holder of ~~ 43.739 (forty-three thousand seven hundred and thirty nine) shares ox equivalent to 99/998 (nine nine point nine nine percent) of the issued and --- in this matter paid-up capital of the Company, SUSILAWATI as Director of ~ represented by Nona PT. MEDCO POWER INDONESIA; and -~) PT. MENAMAS, 2 limi ted liability company ¢ of Indonesia and having - incorporated in Republi its registered office at The Office Building, -— unit F &G, Lantai 11, Jalan Senopati No. 8B, ----- Jakarta, as the holder of 1(one) shares or equivalent to 0,01%(zero point zero one percent) of the issued and paid-up capital of the Company, in this matter represented by Mister BARTI S LUDDIN as Director of PT. MENAMAS; - (Hereinafter collectively referred to as the -~ “Shareholders” Which together have 43.740(forty-three thousand seven hundred and fourty) shares with nominal value of each- Shares is Rp.1.000.000,- (one million rupiah), so all amounting to Rp. 43.740.000.000,- (forty-three billion seven hundred fourty million rupiah), which is the --~ total number of shares issued By the Company, and has- taken by Shareholder Resolution "PT. MEDCO ENERGI ~' MENAMAS" as it turns out from “CIRCULAR RESOLUTION of SHAREHOLDERS in LIEU of The EXTRAORDINARY GENERAL - 16_ MEETING of SHAREHOLDERS PT. MEDCO ENERGI MENAMAS” ~ dated 11-02-2021(the eleventh of February two thousand and twenty one). -Made under hand and a stamp, originally simply ~ shown to me, Notary and a photocopy attached to this - deed. -In accordance with the provisions of Article 91 of Law Number 40 Year 2007 regarding Limited - Liability Company ("UUPT"), The Shareholders of the ~~ Company are entitled to take a decision Legitimate and binding without a General Meeting Shareholders ~ ("GMS"), provided that all shareholders have been ~- notified in writing of the relevant proposal and all - shareholders have approved the proposal in question -~ written. -In accordance with the provisions of Article - 91 of Law Number 40 Year 2007 regarding Limited - Liability Company ("UUPT"), the decisions that Taken ~ in Resolution This Circular has the same legal power - with the decisions taken through The General Meeting - of Shareholders of the Company, and hereby affirmed -- That all Shareholders do not object to take decisions in this way ~Therefore, with due consideration of Article 91 of -- Law Number 40 of 2007 regarding Limited Liability Company (“Companies Law”), the Shareholders hereby give their unanimous consent to approve the following ----- resolutions : 1, To approve the change of the business activities of he Company from its current business ----- a7——— (BLT - activities to holding company activities gement consultancy activities- 64200) and other mana‘ (KBLI 70209) 2.!1n relation to the above, the approve the ~ amandement of the Articles of Association ~ to be as Article 3 of Purpose and Objectiver 1. purpose and objective of the Company is relating to the holding company activities and other ~ management consultancy activities? 2.' To achive such purpose and objectiver the Company may engage to the following business activities : ~ — (KBLI 64200) Possess the assets from the ---~ group of the subsidiaries and the main ~ activity is the ownership of the group. “Holding Companies” are not involved in the - business activities of their subsidiary companies. The activities including the — advisory services (counsellors) and ~ negotiating (negotiators) in planning a ~ merger and acquisition of the company. (KBLI 70209) Provide advisory, assistance, ~~ and business operational and other - management, such as strategy planning and organization, decision relating to the - financial, marketing purpose and policy, - planning human resource practice and policy,~ 18 aschedule planning and production control.- The provision of these business services may- include advisory assistance, guidance and -. business operations for various management -- functions, design of accounting methods and - procedures, cost accounting programs, budget supervision procedures, providing advice and assistance to businesses and community - services in planning, organizing efficiency - and supervision, management information and - others. ~The Shareholders appoint and authorize any director - of the Company, with the right of substitution, ------ individually or collectively, to meet or appear before a notary and draw up or made due and/or restate all or part of the Circular Resolution into a statement of -- shareholders resolutions in a notarial deed from to be further processed in accordance with prevailing law, - including but not limited to notify, to obtain -- approvel or register with ministry of laws and human - rights, to deliver information, to make and sign all - the documents which are needed, to appear before the - relevant governmental authority or regulatory agency ~ to submit all necessary applications or registration - including but not limited to perform any registration- with Indonesia investment coordinating board or the - online single submissions requared to be done under -- the prefailing laws and regulation in the Republic of- Indonesia, and to conduct and do any and all other - action whatsoever as necessary, required or deemed ~ 19ae necessary in order to effect the Circular Resolution, - without any exception.~ ~All of the decisions taken above in this Shareholder Circulation decision are valid and binding as decisions taken through a Company's General Meeting of Shareholders and Shareholders hereby declare no objections to take Such decisions through the Circular Decisions of the Shareholders.- ~Attend to hereby guarantee the truth of the parties' identity and Decision Circulation of Shareholders of PT. MEDCO ENERGI MENAMAS ~ (Minutes), has been in accordance with the Identity and the Minutes conveyed to me, the Notary and are --- fully responsible for it and furthermore the wiretap also declares to have understood and understands the ~ contents of this deed. -This deed was completed at 10.35 WIT(ten past ~ thirty five minutes Western of - Indonesia Time) .~ - IN WITHESS WHEREOF -- -Made as a minuta and held in South Tangerang, at time, on the day, date and year at the beginning of this deed, with attended by: 1, -Mister EKO PEBRIANTO, was born in Blitar, on ~ 21-03-1994 (the twenty first of March nineteen - ninety four), Indonesia Citizen, residing in - Blitar, at Dusun Pakisan, Neighborhood Ward 001, ~ Neighborhood Block 001, Pakisrejo Sub-District, ~~ Srengat District, Regency of Blitar, Holders 203505032103940001 “Mister ANDY PRASTYO, was born in Blitar, on ~ 23-01-1997 (the twenty third of January nineteen --- ninety seven), Indonesia Citizen, residing in ----~ Blitar, at Tumpakkepuh, Neighborhood Ward 003, Neighborhood Block 001, Tumpakkepuh Sub-District, ~ Bakung District, Regency of Blitar, Holders Identity Card with Identity Number - 3172022301971003. "Both are temporarily in South Tangerang .~ Both are employees of Notary Office and act - las witnesses. Immediately after this deed me, Notary, read to Appearer, Witnesses and I, Notary translate into ~ English, then the deed are signed by the Appearer ~ witnesses, and I, Notary. -Done with l(one) alterations, it is because 1(one) -~ scribbles with replacement.- -The Original of the been signed properly. ~Issued as an authentic copy thereof. |-south Tangerang, dated 11-02-2021 - (the eleventh of February two thousand and twenty one). ————iII NOTARY OF SOWRH. TANGERANG | MPEMBEL 4ayxo06272129 an