Adrian Suherman was appointed as the Company’s President Director by the decision of the 2019 Annual General Meeting of Shareholders. His appointment was formalized in the Annual General Meeting of Shareholders Deed of Resolution No.68, dated 12 June 2020, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H. M.Kn.

He started his career in 1995, leading product development, strategy, and operations for global software companies including Oracle and Sun Microsystems in Silicon Valley. After his stint in the USA, he returned to Indonesia as a manager to top-tier management consulting firm A.T. Kearney (2007-2010) and successfully established the startup company Dealkeren (eventually sold to Livingsocial), the fastest growing and most significant e-commerce company in the country (2010-2012). He then rejoined the corporate world through Telkomsel as Vice President (2012-2014) and paved the way for Telkomsel to become a vital player in Indonesian mobile advertising. An entrepreneur by nature, he established another successful startup, aCommerce (2014-2015), before accepting a post as CEO with OVO (PT Visionet Internasional) (2016-2019). He concurrently serves as President Director at PT Matahari Putra Prima Tbk (since 2019), President Commissioner at PT Multipolar Technology Tbk (since 2019), and Commissioner at PT Matahari Department Store Tbk (since 2020).

He is an Indonesian citizen, aged 51 as of December 31, 2024. He earned an MBA in Corporate Strategy and Operations from the European Institute for Business Administration (INSEAD) in 2006. He also holds a Master of Science degree in Electrical Engineering from Stanford University, USA (1997), and a Bachelor of Science degree in Computer Engineering from the University of Arizona, USA (1995).

Agus Arismunandar was appointed as the Company’s Director based on the decision of the 2018 Annual General Meeting of Shareholders. His appointment is stated in the Annual General Meeting of Shareholders Deed of Resolution No.136, dated 29 April 2019, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H., M.Kn.

He began his career with the Lippo Group in 2006 when he joined PT Matahari Department Store Tbk, wherein he was last posted as Head of Marketing & Promotion. In 2013, he joined the Company as Head of Investor Relations, and in 2019 he was appointed as a member of the Board of Directors of the Company. Currently, he also serves as President Commissioner at PT Lenox Pasifik Investama Tbk (since 2020) and Director at PT Star Pacific Tbk (since 2022).

He is an Indonesian citizen, aged 59 as of December 31, 2024. He earned a Bachelor of Science degree in Electrical Engineering in 1988 from California State University at Long Beach, USA, and a Master of Business Administration degree in Marketing and IT in 1991 from the University of California at Davis, USA.

Fendi Santoso was appointed as the Company’s Director based on the decision of the 2019 Annual General Meeting of Shareholders. His appointment is stated in the Annual General Meeting of Shareholders Deed of Resolution No. 68, dated 12 June 2020, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H., M.Kn.

He has 23 years of experience in private equity and corporate space. Prior to this, he served as CFO at PT Matahari Putra Prima Tbk – a leading hypermarket/supermarket chain in Indonesia. He also spent 4 years at The Abraaj Group as Director overseeing investments in South East Asia and 5 years at Northstar Group where he was involved in several transactions in various sectors, including several financial services and consumer-facing businesses. Prior to this, he held various positions at Jardine Group – including Astra International, Jardine Motors Group, Jardine Matheson, and Federal International Finance. In addition to serving as the Director of the Company, since 2022, he also holds positions as the Director of PT Lenox Pasifik Investama Tbk, President Commissioner of PT Star Pacific Tbk, and President Commissioner of Matahari Putra Prima Tbk.

He is an Indonesian citizen, aged 45 as of December 31, 2024.

Jerry Goei was appointed as the Company’s Director based on the decision of the 2020 Annual General Meeting of Shareholders. His appointment is stated in the Annual General Meeting of Shareholders Deed of Resolution No. 38, dated 19 July 2021, drafted before Tangerang-based Notary Sriwi Bawana Nawaksari, S.H., M.Kn.

Prior to joining the Company as COO in 2020, Jerry Goei served as President Director of Dwi Satrya Utama (DSU) Group since December 2015. Prior to joining DSU Group, he spent four years with Northstar Group, a leading private equity firm in Indonesia until Dec 2015, with the last position as the Managing Director and Head of Operations of Northstar. Before Northstar, he has held several C-level executive positions in several companies, including the Country Director of AkzoNobel Group in Indonesia and at the same time holding the position of President Director and CEO of PT ICI Paints Indonesia (Dulux), which is AkzoNobel largest subsidiary in Indonesia. He spent 12 years in total with ICI/AkzoNobel. He has also worked for Accenture, American Standard, and Sampoerna. Currently he also serves as Commissioner at PT Multi Prima Sejahtera Tbk (since 2020) and Vice President Director at PT Matahari Putra Prima Tbk (since October 2023).

He is an Indonesian citizen, aged 55 as of December 31, 2024. He earned a Bachelor of Science (BSc) degree in Computer Sciences in 1991 from the University of Texas, USA, and a Master of Business Administration (MBA) from Baylor University, Texas, USA, in 1992. Additionally, he completed the Executive Development Program (EDP) from the International Institute for Management Development (IMD), Lausanne, Switzerland, in 2007, and from the Institut Européen d’Administration des Affaires (INSEAD), Fontainebleau, France, in 2011.