We hereby notify Shareholders of PT Asuransi Ramayana Tbk., that the Company will hold an Extraordinary GMS on:

Day/Date : Thursday, February 4, 2021

Time : 10:00 WIB

Venue : Borobudur Hotel Banda A Room, Lobby Level Jalan Lapangan Banteng Selatan Central Jakarta

Meeting Agenda :

Approval of the Work Plan for Separation of Sharia Units.

Explanation of the agenda :

Law Number 40 of 2014 concerning Insurance requires Insurance Companies that have Sharia Units to separate Islamic units. In connection with the Separation of the Sharia Unit, in the Financial Services Authority Regulation No. 67 / POJK.05 / 2016 concerning Business Licensing and Institutions of Insurance Companies, Sharia Insurance Companies, Reinsurance Companies, and Sharia Reinsurance Companies, Paragraph 4 Separation of Sharia Units Article 17 states that the work plan for Separation of Sharia Units as referred to in paragraph (5) must obtain GMS approval.

Note:

  1. The Company does not send separate invitations to Shareholders (This summon is considered an invitation).
  2. Those entitled to attend or be represented at the Meeting are Shareholders whose names are registered in the Company's Register of Shareholders (DPS) on January 12, 2021 until 16.00 WIB.
  3. As a preventive measure for the spread of COVID-19, the Company appeals to Shareholders to provide Power of Attorney electronically to the Securities Administration Bureau of PT BSR Indonesia as the Company's Securities Administration Bureau to attend the Meeting through electronic facilityof KSEI's general meeting system (eASY.KSEI) with the link akses.ksei.co.id without prejudice to the right of Shareholders to self-attend.
  4. The Shareholders or their Proxies who will attend the Meeting are requested to bring and submit a copy of their ID or other ID to the Company's officers before entering the meeting room.

a. Shareholders who are unable to attend can be represented by their proxies by bringing a valid Power of Attorney as determined by the Company, provided that members of the Directors, Commissioners and employees of the Company are not permitted to act as Shareholders' Proxies at the Meeting.

b. Shareholders who provide proxies outside eASY.KSEI mechanism can obtain the form every working day (Monday to Friday, 08.00 - 16.45) at the Company's Office, Jalan Kebon Sirih No.49, Central Jakarta or can be downloaded on the Company's website www.ramayanains.com.

c. Proxy through eASY.KSEI Application shall no later be 1 (one) working day before the Meeting until 12.00 WIB.

d. Proxy outside the eASY.KSEI Application shall have all (original) Power of Attorney signed on stamp duty and complemented with a copy of the Power of Attorney ID which must be submitted to the Company officer who is in charge of such needs or to PT BSR Indonesia as the Company's Securities Administration Bureau, Gedung Sindo, 3rd fl. Jl. Wahid Hasyim No. 38. Menteng, Central Jakarta 10340, no later than 3 (three) working days before the date of the meeting.

  1. In compliance to the direction of the Government of the Republic of Indonesia and the direction of the Financial Services Authority relating to the handling and control of the spread of COVID-19, the Company makes every effort to provide clean and safe Meeting facilities and infrastructure to Shareholders and Invitations with due regard to the following procedures:

a. Each Shareholder and/or Shareholders' Proxy and Invited Guests who attend the Meeting must meet the protocol to prevent the spread of COVID-19, and do not have a travel history to Countries affected by COVID-19 based on World Health Organization (WHO) standards and the Ministry of Health of the Republic Indonesia within 14 (fourteen) days before attending the Meeting, conduct Thermal Check and wear masks according to other COVID-19 prevention procedures when entering the area of the Borobudur Hotel Building, where the Meeting is to be held.

b. For the orderliness of the meeting, the Shareholders or their Proxies are requested to be present 30 (thirty) minutes before the commencement of the Meeting.

c. For health reasons, the Company does not provide food, drinks and souvenirs.

  1. The Notary and the Securities Administration Bureau of the Company will check and count the votes for each agenda item in each decision made on the Meeting agenda, including those based on the votes that have been submitted by Shareholders through eASY.KSEI.
  2. In the event that Meeting Quorum is not reached, this Invitation will serve as notification for the next Meeting.
  3. Material related to the agenda of the Meeting is available at the Company's office and the Company's website from the date of this summons and copies can be obtained from the Company by prior written request.

Jakarta, January 13, 2021

PT Asuransi Ramayana Tbk.

The Board of Directors