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The General Meeting of Shareholders (GMS) is the highest organ in the Company’s Corporate Governance structure. The GMS has authority that is not granted to the Board of Commissioners or Directors, within the limits specified in Law Number 40 of 2007 concerning Limited Liability Companies and/or the Company’s Articles of Association. It consists of the Annual General Meeting of Shareholders (AGMS) and the Extraordinary General Meeting of Shareholders (EGMS). The GMS provides shareholders the opportunity to exercise their rights and obligations to express their opinions and vote in the process of making important decisions regarding the development and future of the Company in an open and transparent manner.
The execution of the Company’s GMS is regulated under the Financial Services Authority Regulation Number 15/POJK.04/2020 concerning Plans and Implementation of the General Meeting of Shareholders.