2024-12-23 13:01:00
Author: Indosat Ooredoo / 2023-07-23 21:56 / Source: Indosat Ooredoo

Indosat Ooredoo 2020 First Virtual Annual General Meeting of Shareholders

JAKARTA,Indonesia,July 21,2020 --Amid Covid-19 pandemic that hit Indonesia and the world,PT Indosat Tbk ("Indosat Ooredoo" or "the Company") held its Annual General Meeting of Shareholders ("AGMS" or "Meeting") virtually. During this difficult situation,given shareholders health and safety being priority,the Company held the meeting without the physical presence of shareholders.

The Meeting decided as follows:

ToapprovetheannualreportandratificationofthefinancialstatementsoftheCompany for the financial year ended December 31,2019.

To approve the utilization of the Company's net profit for the FY ended December 31,2019.

To determine of the remuneration for the Board of Commissioners of the Company,for 2020.

To approve the appointment of the Company's Independent Auditor for the financial year ending December 31,2020.

To report the use of funds received from public offering of Shelf Registration Indosat BondsIIIPhaseIYear2019,ShelfRegistrationIndosatSukukIjarahIIIPhaseIYear2019,ShelfRegistrationofIndosatBondsIIIPhaseIIYear2019,andShelfRegistrationIndosat Sukuk Ijarah III Phase II Year2019.

To approve changes in the composition and/or reappointment of the Board of Commissioners and Board of Directors of theCompany.

AGMS has determined the composition of the Company's Board of Commissioners,as of closing of this Meeting and until the closing of the Annual General Meeting of Shareholders in the year 2024 (in accordance with The Articles of Association of the Company),as follows:

Sheikh Mohammed bin Abdulla Al Thani,PresidentCommissioner;

Mr. George Bowring Challenor,Commissioner;

Mr. Nigel Thomas Byrne,Commissioner;

Mrs. Prof. Dr. Sri Adiningsih,Commissioner;

Mr. Andrew Tor Oddvar Kvålseth,Commissioner;

Mr. Heru Pambudi,Commissioner;

Mr. Afini Boer,Commissioner;

Mr. Elisa Lumbantoruan,IndependentCommissioner;

Mr. Wijayanto Samirin,Independent Commissioner;and

Mr. Syed Maqbul Quader,IndependentCommissioner.

ThecompositionoftheCompany'sBoardofDirectorswillremainthesameandasfollowingas of the closing of this Meeting until the closing of the Annual General Meeting of Shareholders in the year 2024 (in accordance with the Articles of Association of theCompany):

Mr. Ahmad Abdulaziz A A Al-Neama,PresidentDirector;

Mr. Eyas Naif Saleh Assaf,Director;

Mr. Vikram Sinha,Director;

Mr. Arief Musta'in,Director;

Mr. Irsyad Sahroni,IndependentDirector.

Speaking after the meeting and his appointment,Sheikh Mohammed bin Abdulla Al Thani said "Indonesia is a regional economic powerhouse with its digital opportunities open wide,and Indosat Ooredoo will continue to play a major role in connecting and digitizing the nation. On my appointment as President Commissioner,I feel proud,responsible and excited to be part of the organization and will give my utmost support to realize Indosat Ooredoo vision to be Indonesia's leading digital telco."

Sheikh Mohammed bin Abdulla Al Thani is Ooredoo's Deputy Group Chief Executive Officer and Chief Executive Officer of Ooredoo Qatar since March 2020. He has over 16 years of experience in communications,digital transformation,finance and accounting,and has held various management positions within Ooredoo since he joined the company in 2009. Most recently,he was Chief Executive Officer of Ooredoo Kuwait and has successfully led the company to reach key milestones and increase its share in the market. Sheikh Mohammed is currently the Chairman of the Board of Directors of Ooredoo Algeria and Ooredoo Myanmar. He holds a master's degree in Finance and Accounting from the University of Cardiff,UK and a bachelor's degree in Accounting from Qatar University.

The Company chose "Think Bigger Act Faster" as the main theme for Company's 2019 Annual Report,congenial with current situation on digitalization,our comprehensive transformation journey focuses on identifying and accelerating new engines of growth with an emphasis on streamlining and improving customer experience for sustainable growth.

The minutes of the meeting of the AGMS will be published in the media in accordance with prevailing regulations.

Ahmad Al-Neama,President Director,said: "Indosat Ooredoo is committed to support the Government and the people of Indonesia as we deal with the Covid-19 pandemic. There are plenty of initiatives and support systems we are creating for communities,customers,employees,and the government by improving our network and helping those in need."

About Indosat Ooredoo

IndosatOoredoo(IDX:ISAT),memberofOoredooGroup,isbuildingIndonesia'sleadingdigitaltelco,enablingaccess and greater connectivity for everybody and every business. Indosat Ooredoo aspires to enrich the lives of Indonesians in the digital world. The Company reported 56.2 million mobile customers as of Q1 2020 andoperates 52.174 4G BTS covers nearly 90% of population.

Website: www.indosatooredoo.com


Youtube: www.youtube.com/channel/UCxcHb7vNkSPnXYVp9E03JHQ


Facebook: http://www.facebook.com/IndosatOoredoo/


Photo: https://indosatooredoo.com/en/about-indosat/corporate-profile/press-release/rapat-umum-pemegang-saham-virtual-pertama-tahun-2020-indosat-ooredoo

About Ooredoo

OoredooisaninternationalcommunicationscompanyoperatingacrosstheMiddleEast,NorthAfricaandSoutheast Asia. Serving consumers and businesses in 10 countries,Ooredoo delivers the leading data experience through a broad range of content and services via its advanced,data-centric mobile and fixed networks. Ooredoo generated revenues of QAR 30 billion as of 31 December 2019. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi SecuritiesExchange.

Twitter: http://www.twitter.com/Ooredoo


Facebook:http://www.facebook.com/ooredoogroup


LinkedIn: http://www.linkedin.com/company/ooredoo


YouTube :www.youtube.com/ooredoogroup

Disclaimer

This document may contain certain financial information and results of operation,and may also contain certain projections,plans,strategies,and objectives of Indosat Ooredoo,that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Forward-looking statements are subject to risks and uncertainties that may cause actual events and Indosat Ooredoo's future results to be materially different than expected or indicated by such statements. No assurance can be given that the results anticipated by Indosat Ooredoo,or indicated by any such forward-looking statements,will be achieved.

Tags: Banking/Financial Service Telecommunications Telecommunications Carriers and Services Workforce Management/Human Resources

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