INCREASED PROFITS- PT JASA ARMADA INDONESIA TBK's AGMS DECIDES DIVIDEN DISTRIBUTION OF Rp118 BILLION

Jakarta, June 12, 2024 - PT Jasa Armada Indonesia Tbk (IDX: IPCM) held its Annual General Meeting of Shareholders (AGMS) and approved the determination of the use of the Company's profit for the fiscal year 2023, which amounted to Rp157.6 billion, to be used as a final dividend of Rp118 billion, or Rp22.41 per share, part of which has been distributed to shareholders as an interim dividend of Rp20.05 billion on January 26, 2024 and as a cash dividend to be distributed of Rp98.2 billion in July 2024.

President Director and concurrently Commercial and Business Development Director of PT JAI Tbk, Shanti Puruhita said "the decision to distribute dividends for the financial year 2023 is a form of IPCM's commitment to shareholders which is certainly in line with the support of shareholders to management to continue the Company's business expansion plans". 

Changes in the Company's Management Structure

The AGMS of PT JAI Tbk also approved changes in the composition of the company's management, namely appointing Dessy Emastari as Director of Finance, Human Resources and Risk Management replacing Reini Delfianti whose term of office ended at the closing of the Meeting held today. Reini Delfianti was assigned to the PT Pelabuhan Indonesia (Persero) group. In addition, Dessy Emastari previously served as Group Head of HR Management of PT Pelabuhan Indonesia (Persero).

Thus, the composition of the Board of Commissioners of PT JAI Tbk becomes:

President Commissioner