General Shareholders Meeting

GMS is the main opportunity for Shareholders to give decisions regarding matters related to the Company’s business and operations, including approval of the Company’s financial statements, payment of dividends and profit sharing, total remuneration for Directors and Commissioners, appointment of independent auditors, amendments to the Articles of Association, and delegation of authority to Directors to follow up on matters discussed and approved at the GMS.

In 2024, Polychem conducted a GMS using electronic media. This is regulated in OJK Regulation No.15 / POJK.04 / 2020 regarding the Plans and Organizing of a General Meeting of Shareholders of a Public Company and OJK Regulation No.16 / POJK.04 / 2020 concerning the Implementation of the GMS electronically.

During 2024, Polychem held 1 (one) RUPS, namely 1 (one) Annual RUPS on 26 June 2024 at the Grand Tropic Suites Hotel in Jakarta and did not hold an Extraordinary GMS.

The meeting was attended and represented by 3.325.836.310 shares with valid voting rights or 85,52%  from the total shares issued by the Company.