Dividend Policy

Net Profit After Tax	Percentage of Cash Dividend to Net Profit after Tax
Up to Rp100 billion	10-15%
More than Rp100 billion	15-25%

Pursuant to the respective Articles of Association and the laws and regulations in Indonesia, the payment/distribution of dividends is approved by the shareholders through the General Meeting of Shareholders on the Board of Directors’ recommendation. Payment/distribution of dividends take into account the Company and its subsidiaries’ financial position without prejudice to the rights of the Company’s General Meeting of Shareholders.

History of Dividend Payouts

Date Issued	Period (Fiscal Year)	AGMS Date	Dividend (Rp)	Number of Shares	Dividend Amount Paid (Rp)
–	2020	19 Jul 21	–	14,639,632,470	–
–	2021	23 May 22	–	15,682,323,987	–
–	2022	8 May 23	–	15,682,323,987	–