PT Fajar Surya Wisesa Tbk : SUMMARY NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

PT FAJAR SURYA WISESA Tbk. ('Company')

Domicile at Jakarta Pusat

SUMMARY NOTICE OF

ANNUAL AND EXTRAORDINARYGENERAL MEETING OF SHAREHOLDERS

WITH SCHEDULE AND PROCEDURES FOR DIVIDEND CASH DISTRIBUTION

The Board of Directors of the Company hereby announces to its shareholders that the Company has held an Annual General Meeting of Shareholders ('AGMS') and an Extraordinary Shareholders Meeting ('EGMS'), together with the AGMS hereinafter referred to as ('the Meeting') on Wednesday, March 24, 2021, at the Mercantile Athletic Club, Batur Room, World Trade Center I, 18th Floor, Jl. General Sudirman Kav. 31, Jakarta 12920.

Members of the Board of Commissioners and Board of Directors present at the Meeting, as follows:

The Board of Commissioners: Independent Commissioner : Sudarmanto Independent Commissioner : Tony Tjandra

The Board of Directors Director : Thalengsak Ratchburi Director : Yustinus Yusuf Kusumah

I. AGMS

a. The AGMS was attended by shareholders and / or their proxies who were physically present and the power of the legitimate shareholders by e-Proxy eASY.KSEI totaling: 2,470,733,141 shares or representing: 99.71% shares of 2,477,888,787 shares, representing the entire issued shares of the Company with voting rights is legitimate

b. AGMS opened at 10.50 WIB

c. The Agenda of the AGMS is as follow :

1. Approval of the Board of Directors' report regarding the Company's business activities and the Company's financial administration for the fiscal year ending 31 December 2020, as well as the approval of the Company's financial statements, including the balance sheet and the calculation of the Company's profit / loss for the fiscal year, ended on 31 December 2020, approved the supervisory report of the Company's Board of Commissioners and gave full acquit et de charge to all members of the Board of Directors and the Board of Commissioners of the management and supervision actions carried out during the financial year ending in 31 December 2020. 2. Determination of the use of the Company's profits for the year ending in 31 December 2020. 3. Appointment of an Independent Public Accountant who will audit the books of the Company which expires on 31 December 2021 and authorizes the Board of Commissioners of the Company to determine the honorarium of the Independent Public Accountant and other requirements for their appointment. 4. Approval of changes in the composition of the Board of Commissioners and determination of salaries and other benefits for members of the Company's Directors as well as honorarium and other benefits for members of the Company's Board of Commissioners for the fiscal year 2021. d. At the AGMS is given an opportunity to ask questions and / or give opinions regarding each agenda of the AGMS, but within AGMS no shareholders who ask questions and / or provide opinions related to each agenda of the AGMS. e. Resolutions of AGMS :

		First Agenda
		1.	Approve the Annual Report of the Board of Directors of the Company for the fiscal year ending on 31 December 2020 including the report of the supervisory duties of the Board of Commissioners of the Company for the fiscal year ending 31 December 2020.
		2.	Ratify the Company's Financial Statement, including the Company's Balance Sheet and Profit and Loss Statement for the financial year ended on 31 December 2020audited by Public Accountant Office Siddharta Widjaja & Rekan, as published in its Report 00032 / 2.1005 / AU.1 / 04 / 1214-1 / 1 / III / 2021 dated 1 March 2021 and fully discharge (acquit et de charge) and discharge to all members of the Board of Directors and the Board of Commissioners of the Company for the actions of management and supervision carried out during the financial year ending on 31 December 2020, such actions are reflected in the Company's Financial Statements for the financial year ended on 31 December 2020and the Annual Report of the Board of Directors of the Company for the financial year ended on 31 December 2020.

Decision: Deliberation for consensus.

1. To determine the use and / or distribution of profit of the Company Rp 353,299,343,980 for the financial year ended on 31 December 2020 as follows:

a. 49.09 % or Rp173,452,215,090 shall be distributed as cash dividends for Fiscal year 2020 to shareholders amounted to Rp 70 per share. b. 0.06% or Rp 200,000,000 will be used as reserve fund in accordance with the provisions of Indonesian Company Law (UUPT). c. 50.85 % or Rp 179,647,128,890 which is the net residual income will be used as working capital and anticipation of the Company's expansion financing plan.

2. Provide authority to the Company's Board of Directors to exercise the intended use and / or distribution of benefits, including to set a schedule related to such benefit sharing.

Decision : Deliberation for consensus.

1. Appointed a Public Accountant a. Name : Harry Widjaja b. Ministry of Finance Registration Number : AP 1214 c. License No : 681/KM.1/2020 d. Year : 2021 2. Appointed Public Accountant Firm a. Name : KAP Siddharta Widjaja & Rekan b. License No : 916/KM.1/2014 3. In the event of the Public Accountant that has been decided by the Meeting cannot complete the audit services of the financial year historical information in the Assignment Professional Period, the Meeting will mandate to the Company's Board of Commissioners based on the recommendation of the Audit Committee to appoint a replacement Public Accountant who will audit the Company's books for the financial year ending on 31 December 2021 by POJK No. 13 / POJK.03 /2017. 4. Approve to authorize the Board of Commissioners determining honorarium and other requirements in connection with the appointment and appointment of such Public Accountant including the replacement of Public Accountant.Decision: Deliberation for consensus

Fouth Agenda

1. Approved the dismissal of Tanawong Areeratchakul and Wichan Jitpukdee, respectively as the President Commissioner and Commissioner of the Company as of the closing of this AGMS. 2. Approve the appointment of Wichan Jitpukdee to replace Tanawong Areeratchakul as a President for Board of Commissioners of the Company so the composition of the Board of Commissioners and Directors of the Company, except for Tony Tjandra, is started from the close of this Meeting until the closing of the Annual General Meeting of Shareholders of the Company for the 2023 financial year which will be held in 2024. While for Tony Tjandra's tenure as an Independent Commissioner of the Company will be valid until the closing of the Annual General Meeting of Shareholders of the Company for the 2021 financial year which will be held in 2022, so the composition are as follows:

The Board of Commissioners President Commissioner : Wichan Jitpukdee Commissioner : Sangchai Wiriyaumpaiwong Commissioner : Kitti Tangjitrmaneesakda Commissioner : Kulachet Dharachandra Commissioner : Winarko Sulistyo Commissioner : Vilia Sulistyo Independent Commissioner : Lim Chong Thian Independent Commissioner : Sudarmanto Independent Commissioner : Tony Tjandra

Directors President Director : Peerapol Mongkolsilp Director : Thalengsak Ratchburi Director : Ponthep Tuntavadcharom Director : Yustinus Yusuf Kusumah Director : Arif Razif

3. Establish the amount and type of honorarium and allowances for the members of the Board of Commissioners of the Company to rise as high as 6% of the amount and type of honorarium and allowances for current members of the Board of Commissioners, and shall come into force from the conclusion of this AGMS until closing AGMS held in 2022.

4. To approve delegated authority to the Board of Commissioners of the Company, to determine the amount of salary and allowances for members of the Board of Directors of the Company.

5. To authorize the Board of Directors of the Company with the right of substitution to declare this Meeting Decision in a separate Notary Act and notify the change of data of the Company to the Minister of Law and Human Rights of the Republic of Indonesia, including to arrange licenses from the competent authorities in accordance with the prevailing laws and regulations.

Decision: Deliberation for consensus.

f. AGMS Closed at 11.26 WIB.II. EGMSa. The EGMS was attended by shareholders and / or their proxies who were physically present and the power of the legitimate shareholders by e-Proxy eASY.KSEI totaling: 2,470,733,141 shares or representing: 99.71% shares of 2,477,888,787 shares, representing the entire issued shares of the Company with voting rights is legitimate b. EGMS opened at 11.33 WIB c. The Agenda of the EGMS is as follow : 1. Approval of amendments and restatement of the Company's Articles of Association, among others in the context of (i) adjusting the aims and objectives and business activities with the provisions of the Indonesian Standard Business Classification (KBLI), (ii) adjusting and fulfilling the provisions of POJK No. 15/POJK.04/2020 concerning Planning and Implementation of General Meeting of Shareholders of Public Companies and POJK No. 16/POJK.04/2020 concerning the Implementation of the General Meeting of Shareholders of Public Companies Electronically, and (iii) amendments to the articles in the Articles of Association of the Company related to the Duties and Authorities of the Board of Directors, Board of Directors Meetings and Board of Commissioners Meetings as well as announcement / information media. d. The EGMS is given the opportunity to ask questions and / or provide opinions related to the EGMS agenda, but no shareholder asks questions and / or provides opinions regarding the EGMS agenda. e. Resolutions of EGMS :

First Agenda

1. Approve changes and restatements to the Company's Articles of Association, among others in the context of (i) adjusting the aims and objectives as well as business activities with the provisions of the Indonesian Standard Business Classification (KBLI), (ii) adjusting and fulfilling the provisions of POJK No. 15 / POJK.04 / 2020 concerning Planning and Implementation of General Meeting of Shareholders of Public Companies and POJK No. 16 / POJK.04 / 2020 concerning the Implementation of the General Meeting of Shareholders of Public Companies Electronically, and (iii) amendments to the articles in the Articles of Association of the Company related to the Board of Directors and Board of Commissioners Meetings and media announcements / information. 2. Agree to authorize the Board of Directors of the Company with the right of substitution to restate and amend the Articles of Association of the Company in relation to this decision by rearranging the Articles of Association of the Company to make it easier to read the Articles of Association of the Company.

Decision: Deliberation for consensus.

f. EGMS Closed at 11.38 WIB.

III.	In relation to the resolution of the 2nd Agenda of the Meeting, the Board of Directors of the Company sets out the implementation schedule and the procedure for dividend distribution as follows
	a.	Schedule for the distribution of Dividend (Cash) is as follow :
		Meeting (Final Cash Dividend)		:	24 March2021
		Dividend distribution schedule report to the FSA and Indonesia Stock Exchange		:	26 March2021
		Announcement of the dividend-sharing schedule on BEI and newspaper		:	26 March2021
		Cum Dividend in Regular and Negotiation		:	01 April2021
		Ex Dividend in Regular and Negotiation		:	05 April2021
		Cum Dividend in Cash Market		:	06 April2021