PT Indika Energy Tbk : News Release 2019 AGMS Result

About this update from Pt Indika Energy Tbk

NEWS RELEASE FOR IMMEDIATE DISTRIBUTION 22 April 2020 INDIKA ENERGY 2019 ANNUAL GENERAL SHAREHOLDERS MEETING RESULTS Indika Energy declared cash dividend of US$ 30 million JAKARTA - PT Indika Energy Tbk. (IDX: INDY) shareholders today have approved all the agenda during the company's Annual General Shareholders Meeting, including the followings. The AGM Approved Indika Energy financial statement for year ended December 31, 2019 The AGM approved to give the authority to Board of Commissioners of the company to appoint Public Accountant to perform audit the company financial statement for year ended December 31, 2020 The AGM approved to declare and distribute cash dividend of US$30 million from the company's retained earnings or US$0.005758 per share to the shareholders. The cash dividend will be distributed on May 20, 2020 The AGM approved changes in the Board of Commissioners and Board of Directors. The new composition of Board of Directors and Board of Commissioners are as follows: Board of Commissioners President Commissioners : Agus Lasmono Vice President Commissioners : Richard Bruce Ness Commissioners : Indracahya Basuki Independent Commissioners : Farid Harianto Independent Commissioners : Eko Putro Sandjojo Board of Directors President Director : M. Arsjad Rasjid P.M. Vice President Director : Azis Armand Director : Retina Rosabai Director : Purbaja Pantja Director : Kamen Kamenov Palatov # # # 3 rd Floor, NEWS RELEASE ABOUT INDIKA ENERGY PT Indika Energy Tbk. ("Indika Energy") is Indonesia's leading integrated energy company through its strategic investments in the areas of Energy Resources - coal production (PT Kideco Jaya Agung, PT Multi Tambangjaya Utama); coal trading (Indika Capital Investment Pte. Ltd.); Energy Services - EPC - oil & gas (PT Tripatra Engineers & Constructors, PT Tripatra Engineering); EPC - contract mining (PT Petrosea Tbk. (IDX: PTRO).); Energy Infrastructure - marine transportation, ports & logistics for bulk goods and natural resources (PT Mitrabahtera Segara Sejati Tbk. (IDX: MBSS), PT Sea Bridge Shipping, PT Cotrans Asia, PT Indika Logistic & Support Services, PT Kuala Pelabuhan Indonesia); fuel storage (PT Kariangau Gapura Terminal Energi); coal-fired power plant (PT Cirebon Electric Power and PT Prasarana Energi Cirebon); Other Portfolios - gold production (Nusantara Resources Limited), IT enterprise (PT Xapiens Teknologi Indonesia), digital technology services (PT Zebra Cross Teknologi) www.indikaenergy.co.id FURTHER INFORMATION Ricardo Silaen, CFA - Head of Investor Relations Nicky Kurniawan - Corporate Finance Analyst [email protected] T +62 21 2557 9888 ext 18360 DISCLAIMER This news release may contain certain financial information, projections, plans, strategies, and objectives of PT Indika Energy Tbk., that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Neither PT Indika Energy Tbk., its affiliates nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements in this communication. This news release is for information only and is not an offer to sell or an invitation to buy any securities and neither this news release nor anything herein forms the basis for any contract or commitment whatsoever. 2 of 2

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