PermataBank Holds Annual General Meeting of Shareholders

PT Bank Permata Tbk (“PermataBank” or “Bank”) shareholders today approved the agenda items proposed at its Annual General Meeting of Shareholders (AGMS). The AGMS was held in accordance with effective health protocols at Westin Hotel, Jakarta, supported by the eASY.KSEI application which was used to convene the meeting electronically.

The AGMS’ six agenda items which were approved by shareholders are:

1. Approval of the 2021 Annual Report and ratifying the Consolidated Financial Statements for the financial year ended 31 December 2021.
2. Allocation of the Company’s net profit for the financial year ended 31 December 2021.
3. Appointment of a Public Accounting Firm to audit the Bank’s accounts and financial reports for the financial year of 2022 which ended 31 December 2022 and determining the honorarium of the said Public Accounting Firm as well as other requirements regarding its appointment.
4. Approval of changes to the management of the Bank.
5. Determine the amount and type of remuneration and other facilities granted by the Bank to the members of the Board of Commissioners, the Board of Directors, and the Sharia Supervisory Board.
6. Accountability for the realization of the use of funds from the Public Offering.

For the second agenda item of the AGMS, shareholders approved the use of Company’s net profit for financial year ended 31 December 2021 as follows:

1. The Company’s additional reserve funds amounting Rp200,000,000,000 (two hundred billion Rupiah).
2. Furthermore, after deducting the additional reserve funds allocation, the Company will distribute cash dividends amounting to approximately Rp307,541,158,647 (three hundred and seven billion five hundred forty-one million one hundred fifty-eight thousand six hundred and forty-seven Rupiah) or Rp8.5 (eight point five Rupiah) per share for the financial year ended 31 December 2021 to all shareholders eligible to receive cash dividends.
3. The remaining Net Profit of the Company after deducting the additional reserve funds allocation and cash dividends to shareholders was recorded as retained earnings of the Company.

For the fourth agenda item of the AGMS, shareholders approved changes to the management of the Bank as follows:

1. Approved and received the resignation of Mr. Chalit Tayjasanant as President Director of PermataBank and Mr. Suwatchai Songwanich as Director of the PermataBank.
2. Approved the appointment of Mrs. Meliza M. Rusli, who currently serves as Vice President Director of PermataBank, as the new President Director of PermataBank to replace Mr. Chalit Tayjasanant. The appointment of Mrs. Meliza M. Rusli has received the fit and proper test approval from OJK.
3. Approved the appointment of Mr. Setiatno Budiman as the new Director of the Bank to replace Mr. Suwatchai Songwanich.
4. Approved the appointment of Mr. Chalit Tayjasanant as a member of the Board of Commissioners of PermataBank.
5. The Bank approved the appointment of Mr. H. Muhamad Faiz, MA as Chairman of the Bank’s Sharia Supervisory Board and Prof. Dr. H. Jaih, SE., MH., M.Ag as a member of the Bank’s Sharia Supervisory Board.

Referring to the above details, the composition of the Board of Commissioners, the Board of Directors and Sharia Supervisory Board of the Bank are as follows:

Board of Commissioners:

Board of Directors:

Sharia Supervisory Board:

*Will be effective immediately once all requirements are met, including obtaining Fit and Proper Test approval from Financial Services Authority (OJK)

President Commissioner of PermataBank, Mr. Chartsiri Sophonpanich said, “We are encouraged by the Bank’s performance in 2021 and extend our deepest appreciation to all of the Bank’s Management and employees for their hard work and dedication and extend our gratitude to our customers and stakeholders for their continued trust and support. The Board of Commissioners would also like to offer our greatest appreciation to Mr. Chalit Tayjasanant and Mr. Suwatchai Songwanich for their contributions and achievements in moving PermataBank forward. We welcome the appointment of Mrs. Meliza M. Rusli as the new President Director of PermataBank and Mr. Setiatno Budiman as the new Director. Mrs. Rusli brings extensive experience in the financial services sector and in digital transformation. We are confident that under her leadership PermataBank will continue to strengthen its position as a trusted and reliable partner for its customers, stakeholders, as well as to continue creating sustainable growth in the future.”

Mrs. Meliza M. Rusli, President Director of PermataBank said, “I am grateful for the support of the Board of Commissioners and shareholders, especially our controlling shareholder, Bangkok Bank, for trusting me to lead PermataBank. As one of the top 10 banks in Indonesia, PermataBank seeks to continue to expand its segments and deepen relationships with customers, through the use of ecosystem partners, innovative digital banking products and services, as well as collaborating with Bangkok Bank to provide our customers with access to its expertise and support in corporate and international banking. This year we are committed to continuing PermataBank's strategy to become the leading deposit and wealth franchise in Indonesia while maintaining sustainable growth.”

PermataBank ended the first quarter of 2022 with a solid performance by continuing to grow good quality assets by applying prudent credit risk management principles. In support of the Indonesian Government‘s efforts to maintain national economic stability, PermataBank managed to achieve rapid operating income growth of 21.9% and strong asset growth of 18.4% (yoy) to Rp241 trillion in the first quarter, further strengthening PermataBank's position as one of the 10 largest commercial banks in Indonesia by total assets.