ANNOUNCEMENT OF
SUMMARY OF MINUTES OF
THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OFPT GRAHA LAYAR PRIMA TBKThe Board of Directors of PT Graha Layar Prima Tbk, (“hereinafter refererred to as the ”Company”)
domiciled in Jakarta, hereby announce that the Company has held an Extraordinary General Meeting ofShareholders (hereinafter refererred to as the ”Meeting”) on:
Day/DateVenue: Wednesday, 16 May 2018
: CGV* Cinemas Pacific Place, Mall Pacific Place Lt.6
Jl Jend Sudirman Kav 52-53, Sudirman Central Business District, Jakarta Selatan: 12.22 am until 12.45 pm (Western Indonesia Time)

TimeAgenda:
1. Approval of the Company’s Annual Report including Report of Supervisory Duty from Board ofCommissioners and Ratification of the Company’s Audited Consolidated Financial Statement forFiscal Year Ended on 31 December 2017.
2. Approval for the Distribution of the Company’s Net Profit for the Fiscal Year Ended on 31 December
2017.
3. Appointment of the Public Accountant’s Office to audit the Company’s Consolidated Financial
Statement for Fiscal Year 2018.
4. Determination of the Remuneration/ Honorarium for Members of the Company’s Board ofCommissioners and Board of Directors for the year 2018.
5. Reporting the utilization of the Company’s Capital Increase by way of Issuing New Shares with Preemptive Rights I 2016 proceeds as of 31 December 2017.
The summary of minutes of the Meeting are as follows:
A. The Board of Commissioners and the Board of Directors of the Company that were present atthe Meeting:Board of Commissioners
Bratanata
Perdana
Rosihan Arsyad

Board of Directors:

President Commissioner:

IndependentCommissioner
ChairmanofCommitteeandAudit

BernardKent
SondakhKim, Kyoung TaeYeo, Deoksu
JohanYudha
SantosaFerdiana Y. Sunardi:

President Director:::Director
Director
Director:

Independent
Director

B. The Shareholders’ Attendance Quorum
The Meeting was attended by the Shareholders of the Company or their proxy with valid power of attorneythat together represented 433,726,076 shares or 99.257 % of the total 436,968,571 shares with valid voting
rights that have been issued by the Company.

C. Opportunity to Raise Question or Opinion and Casting Vote Mechanism▪ For each of the Meeting Agenda, after being explained, the Shareholders and/or their proxy weregiven a chance to ask or to express a response/opinion;▪ The question, response and/or opinion could be given by filling a provided form to be read in theMeeting;▪ The decision for each Agenda was taken by amicable deliberation, with the procedure as follows:
1. those who were not agree were requested to raise their voting cards;
2. those who were abstain were requested to raise their voting cards;
3. those who were agree were requested to not raise their voting cards.
D. Resolutions of the MeetingFirst Agenda
Approval of the changes of the Company’s Board of Commissioners and Directors.
Shareholders who There were no questions asked by the attended Shareholders or their Proxy.
Raised Questions
Voting Results
Approve
AbstainNot approve
100% were agree.
There were no abstain Therewerevote.
disagree vote.

noTherefore, the First Agenda was approved through an amicable deliberation.
Resolutions of the 1. Accepted the resignation of:First Agenda• Mr. Bernard Kent Sondakh as President Director of the Company;• Mr. Rosihan Arsyad as Independent Commissioner of the Company;• Mr. Johan Yudhya Santosa as Director of the Company; and• Ms. Ferdiana Yulia Sunardi as Unaffiliated Director of the Company;
whose term has expired after the closing of this Meeting, with thanks
for their contribution during this time and grant fully release anddischarges or acquit et de charge for all his/her responsibilities asCommissioners and Directors of the Company arising from theiractions in order to carry out his/her post as member of the Board ofCommissioners and Directors of the Company as of the date of thisMeeting, provided that his/her actions are reflected in the Financial
Statements that have been audited.
2. Appointed:• Mr. Kim Kyoung Tae, which previously served as Director of theCompany, to be President Director of the Company;• Mr. Gatot Subroto as Independent Commissioners of the Company;• Mr. Tobias Ernst Chun Damek as Director of the Company;• Mr. Jason Tabalujan as Director of the Company; and• Mr. Bunyan Sofyan as Independent Director of the Company.
With note that the effective date of Mr. Kim, Kyoung Tae andMr. Tobias Ernst Chun Damek will be referred to the issuance date of
the working permit and other manpower obligation in accordance tothe prevailing law and regulation.

3. Re-appointed the Company’s Board of Directors and Board ofCommissioners, thus, the composition of the Board of Directors andBoard of Commissioners for a period of two (2) years after the closingof the Meeting is as follows:
Board of Directors
President Director:
Kim, Kyoung Tae
Director:
Yeo, Deoksu
Director:
Tobias Ernst Chun Damek
Director:
Jason Tabalujan
Independent Director:
Bunyan Sofyan
Board of Commissioners
President Commissioner:
Independent Commissioner:

Bratanata Perdana
Gatot Subroto

4. Grant authority and power of attorney to one of the member of theBoard of Commissioners or Board of Directors of the Company tomake a statement before a Notary for the Resolution of the Meetingregarding to the changes of the composition of the Board ofCommissioners and the Board of Directors, and subsequently deliver
a notification to the authorized institution and registered in theCompany Register in accordance with the legislation in force, as wellas to carry out any action deemed necessary in relation to such
purpose, and no action without any exception.
Second Agenda
Approval of Stock Split by amending Article 4 of the Company’s Articles of Association.
Shareholders who There was 1 (one) shareholders or their proxy who raised a question.
Raised Questions
Voting Results
Approve
AbstainNot approve100% were agree.
Therewereno There were no disagree vote.
abstain vote.
Therefore, the Second Agenda was approved through an amicable deliberation.
Resolutions of the 1. Approved the stock split with ratio 1:2 for all class of shares, where
Second Agenda
nominal value of Class A shares will be Rp10,000 per shares; Class B
shares will be Rp1,719 per shares; and Class C shares will be Rp50 pershares.
2. Approved the amendment of the Company’s Article of Associations withregards to the implementation of the stock split;
3. Grant authority and power of attorney to the Company’s Board ofDirectors with the rights of substitution to:a. Conduct any necessary action in regards to the implementation of stock
split, including but not limited to, determining the terms and conditions aswell as the schedule for stock split in compliance to the prevailing laws andregulations;b. Re-state the resolution regarding to the amendment of the Company’sArticles of Association regarding to the stock split as well as to re-state allprovions of the Company’s Articles of Association into a notarial deed andsubmit the said notarial deed to the Minister of Law and Human Rights ofthe Republic of Indonesia in accordance to the prevailing laws andregulations.

The Meeting was ended at 12.45 PM (Western Indonesia Time)
Jakarta, 18 May 2018
PT GRAHA LAYAR PRIMA TBKBoard of Directors