BCA Holds Annual General Meeting of Shareholders, Sets Dividend at IDR300.00 per Share

Jakarta, 12 March 2025 – PT Bank Central Asia Tbk (“Company”) held its Annual General Meeting of Shareholders (“AGMS”) today at Menara BCA Grand Indonesia, M.H. Thamrin Street No. 1, Jakarta, 10310. The AGMS was conducted both offline and online using the Electronic General Meeting System KSEI (“eASY.KSEI”), provided by PT Kustodian Sentral Efek Indonesia (“KSEI”).

AGMS has made the following key decisions:

1. Approved the Annual Report including the Company's Financial Statements and the Supervisory Duty Report of the Company's Board of Commissioners for the fiscal year ending 31 December 2024. In relation to the approval of these reports, AGMS also granted full release and discharge (acquit et de charge) to the Board of Directors for their management actions and to the Board of Commissioners for their supervisory actions carried out during the fiscal year ending 31 December 2024;
2. Regarding the Company's net profit for the 2024 fiscal year, which amounted to IDR54.8 trillion, AGMS decided on its allocation, including the distribution of a cash dividend of IDR300.00 per share, an increase of 11.1% compared to the cash dividend distributed for the 2023 fiscal year;

The cash dividend includes the interim cash dividend for the 2024 fiscal year of IDR50.00 per share, which was paid by the Company to shareholders on 11 December 2024. As a result, the remaining amount to be paid by the Company on a date to be determined by the Board of Directors is IDR250.00 per share;

3. Approved the proposed changes to the composition of the Company's Board of Commissioners and Board of Directors, as follows:
1. Accepted the resignation of Djohan Emir Setijoso as President Commissioner of the Company, effective as of 1 June 2025;
2. Honorably discharged Jahja Setiaatmadja as the President Director of the Company, effective upon the official appointment of a successor;
3. Appointed Mr. Jahja Setiaatmadja as the President Commissioner of the Company, effective on a date determined by the Company, subject to the provisions and/or requirements stipulated by the Financial Services Authority (OJK), after
   1. The resignation of Djohan Emir Setijoso has become effective; and
   2. The Company has received OJK's approval for the appointment of Jahja Setiaatmadja as the President Commissioner of the Company; and
   3. The successor to the Company's President Director has met the requirements to officially assume the position;
4. Appointed Hendra Lembong as the President Director of the Company, effective on a date determined by the Company, subject to the following conditions:
1. The Company has received OJK's approval for the appointment of Hendra Lembong as the President Director of the Company; and
2. The Company has received OJK's approval for the appointment of Jahja Setiaatmadja as the President Commissioner of the Company; an
3. The Company has received OJK's approval for the appointment of the replacement Vice President Director of the Company;
5. Appointed Mr. John Kosasih as Vice President Director of the Company, effective on a date determined by the Company, subject to the following conditions:
   1. The Company has received OJK's approval for the appointment of John Kosasih as Vice President Director of the Company; and
   2. Hendra Lembong has met the requirements to officially assume the position of President Director of the Company;
4. a. Granted authority and power to the majority shareholder of the Company to:
1. determine the amount of honorarium, allowances, facilities, and/or other compensation for the Board of Commissioners serving during the 2025 fiscal year; and
2. determine the amount of bonus and its distribution to each of the Board of Commissioners and Board of Directors who served during the 2024 fiscal year;

b. Granted authority and power to the Board of Commissioners to determine salaries, allowances, and/or facilities for the Board of Directors serving during the 2025 fiscal year.

5. Approved the appointment of KAP Rintis, Jumadi, Rianto & Rekan, a member firm of the global PwC network (“PwC Indonesia”), as the Public Accounting Firm, and Eddy Rintis, a Public Accountant affiliated with PwC Indonesia, both of whom are registered with the Financial Services Authority (OJK), to audit or review the Company's books and records for the fiscal year ending on 31 December 2025.
6. Granted authority and power to the Company's Board of Directors, with the approval of the Company's Board of Commissioners, to pay interim dividends for the 2025 fiscal year, provided that the Company's financial condition allows for it and in compliance with applicable laws and regulations; and
7. Approved the amendments to the Company's Recovery Plan.

“We express our deepest gratitude for the trust of all our beloved customers to this day. We also appreciate the support of all stakeholders, including the government, regulators, and authorities, enabling BCA to navigate 2024 with solid performance. We observe that the domestic economy has continued to grow amidst various challenges and changes in the geopolitical landscape. The resolutions of today's BCA RUPST reflect the Company's commitment to consistently provide sustainable value to shareholders. We will continue to proceed prudently throughout 2025 while remaining steadfast in supporting economic growth across various sectors," said BCA President Director, Jahja Setiaatmadja.

Picture Information 1:

BCA Distributes Cash Dividend of Rp300 per Share, Grows 11.1% - BCA President Director Jahja Setiaatmadja (sixth right), BCA Vice President Director Armand W. Hartono (sixth left), BCA Vice President Director Hendra Lembong (fifth right), BCA Director Subur Tan (fourth left), BCA Director Lianawaty Suwono (fifth left), BCA Director Santoso (second left), BCA Director Vera Eve Lim (fourth right), BCA Director Haryanto T. Budiman (third right), BCA Director Frengky Chandra Kusuma (third left), BCA Director John Kosasih (left), BCA Director Antonius Widodo Mulyono (second right), and BCA EVP Transaction Banking & Partnership Solution Hendra Tanumihardja (right) during BCA's Annual General Meeting of Shareholders (AGM) at Menara BCA, Wednesday (12/3). The AGMS determined the use of net profit, among others, to be distributed as a cash dividend of Rp300.00 per share, an increase of 11.1% compared to the cash dividend distributed for fiscal year 2023.

Picture Information 2:

AGMS Approves Proposed Changes in the Composition of the Company's Board of Commissioners and Directors - BCA Independent Commissioner Raden Pardede (fourth right), BCA Director Rudy Susanto (third left), BCA Director Lianawaty Suwono (fourth left), BCA Director Santoso (second right), BCA Director Haryanto T. Budiman (third right), BCA Director Frengky Chandra Kusuma (second left), BCA Director John Kosasih (left), and BCA EVP Transaction Banking & Partnership Solution Hendra Tanumihardja (right) pose for a group photo during BCA's Annual General Meeting of Shareholders (AGMS) at Menara BCA, Wednesday (12/3). BCA's AGMS approved the proposed changes to the composition of the Company's Board of Commissioners and Board of Directors.