Association of. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 2

Transkripsi

1 ANGGARAN DASAR (ARTICLES OF ASSOCIATION) PT BANK MANDIRI (PERSERO) Tbk. Dual Language The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 1

2 Kronologis Perubahan Anggaran Dasar PT Bank Mandiri (Persero) Tbk. 1. PT Bank Mandiri (Persero) didirikan pada tanggal 2 Oktober 1998 berdasarkan Akta No. 10, tanggal 2 Oktober 1998, dibuat di hadapan Notaris Sutjipto, SH, dan telah memperoleh persetujuan Menteri Kehakiman No. C HT.01 TH 98, tanggal 2 Oktober 1998, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 97, tanggal 4 Desember 1998, Tambahan Berita Negara Republik Indonesia No. 6859; 2. Perubahan pertama Anggaran Dasar sebagaimana dimuat dalam Akta No. 98, tanggal 24 Juli 1999, dibuat di hadapan Notaris Sutjipto, SH, yang telah diterima dan dicatat di Departemen Kehakiman Republik Indonesia No. C HT TH 99, tanggal 29 Juli 1999, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 77, tanggal 24 September 1999, Tambahan Berita Negara Republik Indonesia No. 252; 3. Perubahan kedua Anggaran Dasar sebagaimana dimuat dalam Akta No. 48, tanggal 10 Juli 2001, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Perundangundangan Republik Indonesia No. C HT TH 2001, tanggal 18 Juli 2001, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 101, tanggal 18 Desember 2001, Tambahan Berita Negara Republik Indonesia No.491; 4. Perubahan ketiga Anggaran Dasar sebagaimana dimuat dalam Akta No. 1, tanggal 1 Juni 2003, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Kehakiman Republik Indonesia No. C HT TN 2003, tanggal 3 Juni 2003, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 63, Chronology of Amendments of Articles of Association of PT Bank Mandiri (Persero) Tbk. 1. PT Bank Mandiri (Persero) was established on 2 October 1998 under the Deed No. 10, dated 2 October 1998, drawn up before Notary Sutjipto, SH, and has obtained approval from the Minister of Justice No. C HT TH 98, dated 2 October 1998 and was published in the State Gazette of the Republic of Indonesia No. 97, dated 4 December 1998, Supplement to the State Gazette of the Republic of Indonesia No. 6859; 2. The first amendment of the Articles of Association was set forth in the Deed No. 98, dated 24 July 1999, drawn up before Notary Sutjipto, SH, and has been received by and recorded in the Department of Justice of the Republic of Indonesia No. C HT TH 99, dated 29 July 1999, and was published in the State Gazette of the Republic of Indonesia No. 77, dated 24 September 1999, Supplement to the State Gazette of the Republic of Indonesia No. 252; 3. The second amendment of the Articles of Association was set forth in the Deed No. 48, dated 10 July 2001, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Regulations of the Republic of Indonesia No. C HT TH 2001, dated 18 July 2001, and was published in the State Gazette of the Republic of Indonesia No. 101, dated 18 December 2001, Supplement to the State Gazette of the Republic of Indonesia No. 491; 4. The third amendment of the Articles of Association was set forth in the Deed No. 1, dated 1 June 2003, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Justice of the Republic of Indonesia No. C HT TH 2003, dated 3 June 2003, and was published in the State Gazette of the Republic of Indonesia No. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 2

3 tanggal 8 Agustus 2003, Tambahan Berita Negara Republik Indonesia No. 517; 5. Perubahan keempat Anggaran Dasar sebagaimana dimuat dalam Akta No. 2, tanggal 1 Juni 2003, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, dan telah memperoleh persetujuan dari Menteri Kehakiman Republik Indonesia sesuai surat No. C HT TH 2003, tanggal 6 Juni 2003, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 63, tanggal 8 Agustus 2003, Tambahan Berita Negara Republik Indonesia No. 6590; 6. Perubahan kelima Anggaran Dasar sebagaimana dimuat dalam Akta No. 130, tanggal 29 September 2003, dibuat di hadapan Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Kehakiman Republik Indonesia No. C HT TH, tanggal 23 Oktober 2003, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 93, tanggal 21 Oktober 2003, Tambahan Berita Negara Republik Indonesia No. 910; 7. Perubahan keenam Anggaran Dasar sebagaimana dimuat dalam Akta No.43, tanggal 10 Nopember 2004, dibuat di hadapan Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT.01.04TH 2004, tanggal 8 Desember 2004, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 3, tanggal 11 Januari 2005, Tambahan Berita Negara Republik Indonesia No. 23; 8. Perubahan ketujuh Anggaran Dasar sebagaimana dimuat dalam Akta No. 108, tanggal 26 Januari 2005, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum 63, dated 8 August 2003, Supplement to the State Gazette of the Republic of Indonesia No. 517; 5. The fourth amendment of the Articles of Association was set forth in the Deed No. 2, dated 1 June 2003, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, and has obtained approval from the Minister of Justice of the Republic of Indonesia in a letter No. C HT TH 2003, dated 6 June 2003, and was published in the State Gazette of the Republic of Indonesia No. 63, dated 8 August 2003, Supplement to the State Gazette of the Republic of Indonesia No. 6590; 6. The fifth amendment of the Articles of Association was set forth in the Deed No. 130, dated 29 September 2003, drawn up before Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Justice of the Republic of Indonesia No. C HT TH 2003, dated 23 October 2003, and was published in the State Gazette of the Republic of Indonesia No. 93, dated 21 October 2003, Supplement to the State Gazette of the Republic of Indonesia No. 910; 7. The sixth amendment of the Articles of Association was set forth in the Deed No. 43, dated 10 November 2004, drawn up before Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2004, dated 8 December 2004, and was published in the State Gazette of the Republic of Indonesia No. 3, dated 11 January 2005, Supplement to the State Gazette of the Republic of Indonesia No. 23; 8. The seventh amendment of the Articles of Association was set forth in the Deed No. 108, dated 26 January 2004, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 3

4 (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT.01.04TH 2005, tanggal 14 Pebruari 2005, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 30, tanggal 15 April 2005, Tambahan Berita Negara Republik Indonesia No. 308; 9. Perubahan kedelapan Anggaran Dasar sebagaimana dimuat dalam Akta No. 5, tanggal 4 April 2005, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT TH 2005, tanggal 18 April 2005, dan telah diumumkan dalam Berita Negara Republik Indonesia No. 45, tanggal 7 Juni 2005, Tambahan Berita Negara Republik Indonesia No. 522; 10. Perubahan kesembilan Anggaran Dasar sebagaimana dimuat dalam Akta No. 8, tanggal 4 Juli 2005, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT TH 2005, tanggal 20 Juli 2005; 11. Perubahan kesepuluh Anggaran Dasar sebagaimana dimuat dalam Akta No. 44, tanggal 6 Oktober 2005, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH, perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT TH 2005, tanggal 12 Oktober 2005; 12. Perubahan kesebelas Anggaran Dasar sebagaimana dimuat dalam Akta No. 192, tanggal 21 Desember 2005, dibuat Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2005, dated 14 February 2005, and was published in the State Gazette of the Republic of Indonesia No. 30, dated 15 April 2005, Supplement to the State Gazette of the Republic of Indonesia No. 308; 9. The eighth amendment of the Articles of Association was set forth in the Deed No. 5, dated 4 April 2005, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2005, dated 18 April 2005, and was published in the State Gazette of the Republic of Indonesia No. 45, dated 7 June 2005, Supplement to the State Gazette of the Republic of Indonesia No. 522; 10. The ninth amendment of the Articles of Association was set forth in the Deed No. 8, dated 4 July 2005, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH, the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2005, dated 20 July 2005; 11. The tenth amendment of the Articles of Association was set forth in the Deed No. 44, dated 6 October 2005, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2005, dated 12 October 2005; 12. The eleventh amendment of the Articles of Association was set forth in the Deed No. 192, dated 21 December 2005, The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 4

5 di hadapan Notaris Aulia Taufani, SH, pengganti notaris Sutjipto, SH; perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT TH 2006, tanggal 17 Januari 2006; drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH; the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2006, dated 17 Januari 2006; 13. Perubahan keduabelas Anggaran Dasar sebagaimana dimuat dalam Akta No. 11, tanggal 5 Januari 2006, dibuat di hadapan Notaris Aulia Taufani, SH, pengganti Notaris Sutjipto, SH; perubahan mana telah diterima dan dicatat dalam database Sistem Administrasi Badan Hukum (SISMINBAKUM) Direktorat Jenderal Administrasi Hukum Umum Departemen Hukum dan Hak Asasi Manusia Republik Indonesia No. C HT TH 2006, tanggal 27 Januari 2006; 13. The twelfth amendment of the Articles of Association was set forth in the Deed No. 11, dated 5 January 2006, drawn up before Notary Aulia Taufani, SH, substitute for Notary Sutjipto, SH; the amendment of which has been accepted and recorded in the database of Legal Entity Administration System (SISMINBAKUM) of the Directorate General of General Law Administration of the Department of Laws and Human Rights of the Republic of Indonesia No. C HT TH 2006, dated 27 Januari 2006; 14. Perubahan ketigabelas Anggaran Dasar sebagaimana dimuat dalam Akta No. 48, tanggal 12 April 2006, dibuat di hadapan Notaris Sutjipto, SH, laporan perubahan Anggaran Dasar masih dalam proses Departemen Hukum dan Hak Asasi Manusia Republik Indonesia. 14. The thirteenth amendment of the Articles of Association was set forth in the Deed No. 48, dated 12 April 2006, drawn up before Notary Sutjipto, SH, reporting of the amendment is in the process of the Department of Laws and Human Rights of the Republic of Indonesia. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 5

6 ANGGARAN DASAR PT BANK MANDIRI (PERSERO) Tbk. ARTICLES OF ASSOCIATION OF PT BANK MANDIRI (PERSERO) Tbk. NAMA DAN TEMPAT KEDUDUKAN NAME AND DOMICILE Pasal 1 Article 1 1. Perseroan Terbatas ini bernama PERUSAHAAN PERSEROAN (PERSERO) PT BANK MANDIRI Tbk. disingkat PT BANK MANDIRI (PERSERO) Tbk., (selanjutnya dalam Anggaran Dasar ini cukup disingkat disebut dengan Perseroan ), berkedudukan dan berkantor pusat di Jakarta. 2. Perseroan dapat memiliki cabang atau perwakilan di tempat lain, baik di dalam maupun di luar wilayah Republik Indonesia sebagaimana ditetapkan oleh Direksi dengan persetujuan dari Komisaris serta dengan mengindahkan peraturan perundang-undangan yang berlaku. 1. This limited liability company shall be called PERUSAHAAN PERSEROAN (PERSERO) PT BANK MANDIRI (PERSERO) Tbk. abbreviated as PT BANK MANDIRI (PERSERO) Tbk. (Hereinafter referred to as the Company ), having its domicile and head office in Jakarta. 2. The Company may open branch(es) or representative office(s) at other locations, within or outside the territory of the Republic of Indonesia as determined by the Board of Directors, subject to the approval of the Board of Commissioners and by due observance to the prevailing laws and regulations. JANGKA WAKTU BERDIRINYA TIME OF ESTABLISHMENT AND PERSEROAN DURATION Pasal 2 Article 2 Perseroan ini didirikan untuk jangka waktu yang tidak terbatas dan dimulai sejak tanggal 2 (dua) Oktober 1998 (seribu sembilan ratus sembilan puluh delapan). The Company shall be established for an indefinite period and commenced as of 2 October 1998 (one thousand nine hundred and ninety-eight) MAKSUD DAN TUJUAN SERTA KEGIATAN PURPOSES, OBJECTIVES AND BUSINESS USAHA ACTIVITIES Pasal 3 Article 3 1. Maksud dan tujuan Perseroan ialah melakukan usaha di bidang perbankan sesuai dengan ketentuan dalam peraturan perundang-undangan yang berlaku. 2. Untuk mencapai maksud dan tujuan tersebut di atas, Perseroan dapat melaksanakan kegiatan usaha sebagai berikut: a. menghimpun dana dari masyarakat dalam bentuk simpanan berupa giro, deposito berjangka, sertifikat deposito, tabungan dan/atau bentuk lainnya yang dipersamakan dengan itu; 1. The purpose and objective of the Company is to engage in the activity of banking in accordance with the prevailing laws and regulations. 2. In order to achieve the above purpose and objective, the Company may undertake the following business: a. to collect funds from the public in the form of deposits comprising of clearing account (giro), time deposit, deposit certificate (sertifikat deposito), savings account and/or any other form equivalent to the foregoing; b. memberikan kredit; b. to provide credits; The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 6

7 dan c. menerbitkan surat pengakuan hutang; c. to issue debt acknowledgement letters; d. membeli, menjual atau menjamin atas risiko sendiri maupun untuk kepentingan dan atas perintah nasabahnya: i. surat-surat wesel termasuk wesel yang diakseptasi oleh bank yang masa berlakunya tidak lebih lama daripada kebiasaan dalam perdagangan surat-surat dimaksud; ii. surat pengakuan hutang dan kertas dagang lainnya yang masa berlakunya tidak lebih lama dari kebiasaan dalam perdagangan surat-surat dimaksud; iii. kertas perbendaharaan negara surat jaminan pemerintah; d. to purchase, sell or put encumbrance over, whether at its own risk or for the benefit of and under the instructions of its customers, for the following: i. money order, including bank certified money order, with a validity period not exceeding the normal practice for trading of such money order; ii. debt acknowledgement letters and other commercial papers, with a validity period not the exceeding normal practice for trading of such papers; iii. State treasury notes and government guaranties; iv. Sertifikat Bank Indonesia (SBI); iv. Bank Indonesia Certificates (SBI); v. Obligasi; v. bonds; vi. surat dagang berjangka waktu sesuai dengan peraturan perundang-undangan yang berlaku; vii. Surat berharga lain yang berjangka waktu sesuai dengan peraturan perundang undangan yang berlaku. e. memindahkan uang baik untuk kepentingan sendiri maupun untuk kepentingan nasabah; vi. commercial papers with a validity period in accordance with the prevailing laws and regulations; vii. other commercial papers with a validity period in accordance with prevailing laws and regulations. e. to transfer funds, whether for its own benefit as well as for the benefit of its customers; f. menempatkan dana pada, meminjam dana dari, atau meminjamkan dana kepada bank lain, baik dengan menggunakan surat, sarana telekomunikasi maupun dengan wesel unjuk, cek atau sarana Iainnya; g. menerima pembayaran dari tagihan atas surat berharga dan melakukan perhitungan dengan atau antar pihak ketiga; h. menyediakan tempat untuk menyimpan barang dan surat berharga; i. melakukan kegiatan penitipan untuk kepentingan pihak lain berdasarkan suatu kontrak; j. melakukan penempatan dana dan nasabah kepada nasabah lainnya dalam bentuk surat berharga yang tidak tercatat di bursa efek; k. membeli agunan, baik semua maupun sebagian, melalui pelelangan atau f. to place funds at, to borrow funds from, or to lend funds to other banks, whether by letters, telecommunication facilities, or registered money order, cheque or other media; g. to receive payment of receivable from commercial papers and undertake settlement with or among third parties; h. to provide safekeeping for goods or commercial papers; i. to engage in a custody activities for the benefit of other party based on a contract; j. to conduct a placement of fund from one customer to another customer in the form of commercial papers that are not registered at the stock exchange; k. to purchase collateral whether in whole or in part, through an auction or other in The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 7

8 dengan cara lain dalam hal debitur tidak memenuhi kewajibannya kepada Bank, dengan ketentuan agunan yang dibeli tersebut wajib dicairkan secepatnya; l. melakukan kegiatan anjak piutang, usaha kartu kredit dan kegiatan wali amanat; m. menyediakan pembiayaan dan/ atau melakukan kegiatan lain berdasarkan Prinsip Syariah, sesuai dengan ketentuan yang ditetapkan oleh yang berwenang; n. melakukan kegiatan dalam valuta asing dengan memenuhi ketentuan yang ditetapkan oleh yang berwenang; o. melakukan kegiatan penyertaan modal pada bank atau perusahaan lain di bidang keuangan, seperti sewa guna usaha, modal ventura, perusahaan efek, asuransi, serta lembaga kliring penyelesaian dan penyimpanan, dengan memenuhi ketentuan yang ditetapkan oleh yang berwenang; p. melakukan kegiatan penyertaan modal sementara untuk mengatasi akibat kegagalan kredit atau kegagalan pembiayaan berdasarkan Prinsip Syariah, dengan syarat harus menarik kembali penyertaannya, dengan memenuhi ketentuan yang ditetapkan oleh yang berwenang; q. bertindak sebagai pendiri dana pensiun dan pengurus dana pensiun sesuai dengan ketentuan dalam peraturan perundang-undangan dana pensiun yang berlaku; r. melakukan kegiatan lain yang lazim dilakukan oleh bank sepanjang tidak bertentangan dengan peraturan perundang-undangan yang berlaku. the event a debtor fails to meet its obligations to the Bank, provided that the collateral being purchased shall be liquidated immediately; l. to conduct a factoring (anjak piutang), credit card and trusteeship services; m. to provide funding and/or any other activities that are based on the Syariah Principles, in accordance with the rules and regulations that are imposed by the competent authority; n. to conduct activities in foreign currencies pursuant to the rules and regulations that are imposed by the competent authority; o. to conduct capital participation in banks or other financial companies, such as leasing companies, venture capital, securities companies, insurance companies, and a clearance, settlement and depository institutions, subject to rules and regulations that are imposed by the competent authorities; p. to conduct temporary capital participation for the purpose of overcoming credit failure or financing failure pursuant to the Syariah principles, provided that such participation shall be eventually withdrawn, subject to rules and regulations that are imposed by the competent authority; q. to act as an establisher or management of a pension funds in accordance with the prevailing laws and regulations on pension funds; r. to conduct other activities normally conducted by banks, provided that the activities shall not contravene with the provisions of the prevailing laws and regulations. MODAL CAP I T A L Pasal 4 Article 4 1. Modal Dasar Perseroan berjumlah Rp ,00 (enam belas trilyun rupiah) terbagi atas 1 (satu) lembar saham Seri A Dwiwarna bernilai 1. The authorized capital of the Company shall be Rp. 16,000,000,000, (sixteen trillion Rupiahs) divided into 1 (one) Series A Dwiwarna share having a The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 8

9 nominal Rp.500,00 (lima ratus rupiah) dan (tiga puluh satu milyar sembilan ratus sembilan puluh sembilan juta sembilan ratus sembilan puluh sembilan ribu sembilan ratus sembilan puluh sembilan) lembar saham Seri B, masing-masing saham bernilai nominal Rp.500,00 (lima ratus rupiah). 2. Dari modal dasar tersebut telah ditempatkan dan diambil bagian oleh: a. NEGARA REPUBLIK INDONESIA sebanyak 1 (satu) lembar saham Seri A Dwiwarna dengan nilai nominal sebesar Rp.500,00 (lima ratus rupiah) dan (tiga belas milyar sembilan ratus sembilan puluh sembilan juta sembilan ratus sembilan puluh sembilan ribu sembilan ratus sembilan puluh sembilan) lembar saham Seri B dengan nilai nominal sebesar Rp.500,00 (lima ratus rupiah) atau seluruhnya dengan nilai nominal sebesar Rp ,00 (tujuh trilyun rupiah). b. MASYARAKAT, sebanyak (enam milyar dua ratus delapan puluh sembilan juta lima ratus tujuh puluh delapan ribu tiga ratus tiga puluh satu) lembar saham Seri B dengan nilai nominal sebesar Rp.500,00 (lima ratus rupiah) atau seluruhnya dengan nilai nominal sebesar Rp ,00 (tiga trilyun seratus empat puluh empat milyar tujuh ratus delapan puluh sembilan juta seratus enam puluh lima ribu lima ratus rupiah ). JUMLAH: 1 (satu) lembar saham Seri A Dwiwarna dan (dua puluh milyar dua ratus delapan puluh sembilan juta lima ratus tujuh puluh delapan ribu tiga ratus tiga puluh satu) lembar saham Seri B dengan nilai nominal sebesar Rp.500,00 (lima ratus rupiah) atau seluruhnya dengan nilai nominal sebesar Rp ,00 (sepuluh tnilyun seratus empat puluh empat milyar tujuh ratus delapan puluh sembilan juta seratus enam puluh lima ribu lima ratus rupiah) % (seratus persen) dari nilai nominal setiap saham yang telah ditempatkan nominal value of Rp (five hundred Rupiahs) and 31,999,999,999 (thirty-one billion nine hundred ninety-nine million nine hundred ninety-nine thousand nine hundred and ninety-nine) Series B shares, each share having a nominal value of Rp. 500,00 (five hundred Rupiahs). 2. Of such authorized capital the following number of shares have been subscribed by: a. STATE OF THE REPUBLIC OF INDONESIA, 1 (one) series A Dwiwarna share having a nominal value of Rp (five hundred Rupiahs) and 13,999,999,999 (thirteen billion nine hundred ninety-nine million nine hundred ninety-nine thousand nine hundred and ninety-nine) Series B shares, each share having a nominal value of Rp (five hundred Rupiahs) or to an aggregate nominal value of Rp. 7,000,000,000, (seven trillion Rupiahs). b. PUBLIC, 6,289,578,331 (six billion two hundred eighty nine million five hundred seventy eight thousand three hundred thirty one) Series B shares, each share having a nominal value of Rp (five hundred Rupiahs) or to an aggregate nominal value of Rp. 3,144,789,165, (three trillion one hundred fourty four billion seventy hundred eighty nine million one hundred sixty five thousand five hundred Rupiahs). TOTAL: 1 (one) series A Dwiwarna share and (twenty billion two hundred eighty nine million five hundred seventy eight thousand three hundred thirdty one) Series B shares having a nominal value of Rp (five hundred Rupiahs) or to an aggregate nominal value of Rp. 10,144,789,165, (ten trillion one hundred forty four billion seventy hundred eighty nine million one hundred sixty five thousand five hundred Rupiahs) % (one hundred per cent) of the nominal value of each of the The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 9

10 tersebut di atas atau seluruhnya berjumlah Rp ,00 (sepuluh triliyun seratus empat puluh empat milyar tujuh ratus delapan puluh sembilan juta seratus enam puluh lima ribu lima ratus rupiah) telah disetor penuh ke dalam kas Perseroan oleh para pemegang saham dengan cara sebagai berikut: a. Sejumlah Rp ,00 (empat trilyun Rupiah) merupakan setoran saham lama dari bank-bank yang menggabungkan diri berdasarkan Keputusan Menteri Keuangan Republik Indonesia Nomor 448/KMK.01/1998 tanggal 1 (satu) Oktober 1998 (seribu sembilan ratus sembilan puluh delapan) yang merupakan peraturan pelaksanaan dari Peraturan Pemerintah Republik Indonesia Nomor 75 Tahun 1998 (seribu sembilan ratus sembilan puluh delapan) tanggal 1 (satu) Oktober 1998 (seribu sembilan ratus sembilan puluh delapan); b. Sejumlah Rp ,00 (satu trilyun Rupiah) penyetorannya dilakukan berdasarkan Peraturan Pemerintah Republik Indonesia Nomor 26 Tahun 2003 (dua ribu tiga) tanggal 29 (dua puluh sembilan) Mei 2003 (dua ribu tiga); c. Sejumlah Rp ,00 (lima trilyun Rupiah) penyetorannya dilakukan berdasarkan Keputusan Menteri Keuangan Republik Indonesia Nomor 227/KMK.02/2003 tanggal 23 (dua puluh tiga) Mei 2003 (dua ribu tiga) yang merupakan peraturan pelaksanaan dari Peraturan Pemerintah Republik Indonesia Nomor 52 tahun 1999 (seribu sembilan ratus sembilan puluh sembilan) tanggal 28 (dua puluh delapan) Mei 1999 (seribu sembilan ratus sembilan puluh sembilan) dan Peraturan Pemerintah Republik Indonesia Nomor 97 Tahun 1999 (seribu sembilan ratus sembilan puluh sembilan) tanggal 24 (dua puluh empat) Desember 1999 (seribu sembilan ratus sembilan puluh sembilan); d. Sejumlah Rp ,00 (empat puluh tujuh milyar enam puluh empat juta lima ratus empat abovementioned subscribed shares, or to an aggregate sum of Rp. 10,144,789,165, (ten trillion one hundred forty four billion seventy hundred eighty nine million one hundred sixty five thousand five hundred Rupiahs) have been fully paid in cash through the Company's cash account by the shareholders as follows: a. Rp. 4,000,000,000, (four trillion Rupiahs) constitute the existing capital payment from several banks participating in a merger in Bank Mandiri by virtue of the Decision of the Minister of Finance of the Republic of Indonesia Number 448/KMK.01/1998 dated the first day of October one thousand nine hundred and ninetyeight ( ) which is the implementation regulation of the Government Regulation of the Republic of Indonesia Number 75 of 1998 (one thousand nine hundred and ninety-eight) dated the first day of October one thousand nine hundred and ninety-eight ( ); b. Rp. 1,000,000,000, (one trillion Rupiahs) constitute the payment made by virtue of the Government Regulation of the Republic of Indonesia Number 26 of 2003 dated the twenty-ninth day of May two thousand and three ( ); c. Rp. 5,000,000,000, (five trillion Rupiahs) constitute the payment being made by virtue of the Decision of the Minister of Finance of the Republic of Indonesia Number 227/KMK.02/2003 dated the twenty-third day of May two thousand and three ( ) which is the implementation regulation of the Government Regulation of the Republic of Indonesia Number 52 of 1999 dated the twenty-eighth day of May one thousand nine hundred and ninety-nine ( ) and the Government Regulation of the Republic of Indonesia Number 97 of 1999 dated the twenty-fourth day of December one thousand nine hundred and ninety-nine ( ). d. Rp. 47,064,504, (forty-seven billion sixty-four million five hundred four thousand and five hundred The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 10

11 ribu lima ratus rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan Modal Ditempatkan dan Disetor Penuh sampai dengan tanggal 30 (tiga puluh) September 2004 (dua ribu empat); e. Sejumlah Rp ,00 (sembilan belas milyar tiga ratus enam puluh dua juta sembilan ratus tiga puluh satu ribu lima ratus rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan Modal Ditempatkan dan Disetor Penuh periode 1 (satu) Oktober 2004 (dua ribu empat) sampai dengan 31 (tiga puluh satu) Desember 2004 (dua ribu empat); f. Sejumlah Rp ,00 (tiga milyar lima ratus delapan puluh juta seratus empat puluh lima ribu lima ratus rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan Modal Ditempatkan dan Disetor Penuh periode 1 (satu) Januari 2005 (dua ribu lima) sampai dengan 31 (tiga puluh satu) Maret 2005 (dua ribu lima); g. Sejumlah Rp ,00 (lima milyar dua puluh enam juta dua puluh dua ribu Rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan modal ditempatkan dan disetor penuh periode 1 (satu) April 2005 (dua ribu lima) sampai dengan tanggal 30 (tiga puluh) Juni 2005 (dua ribu lima); h. Sejumlah Rp ,00 (empat puluh satu milyar tujuh ratus Rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully-Paid Capitals up to the thirtieth day of September two thousand and four ( ); e. Rp. 19,362,931, (nineteen billion three hundred sixty-two million nine hundred thirty-one thousand and five hundred Rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully- Paid Capitals for the period of the first day of October two thousand and four ( ) up to the thirty-first day of December two thousand and four ( ); f. Rp. 3,580,145, (three billion five hundred eighty million one hundred forty-five thousand and five hundred rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully-Paid Capitals for the period of the first day of January two thousand and five ( ) up to the thirty-first day of March two thousand and five ( ); g. Rp. 5,026,022, (five billion twenty-six million twenty-two thousand rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully-Paid Capitals for the period of the first day of June two thousand and five ( ) up to the thirtieth day of June two thousand and five ( ); h. Rp. 41,766,535, (forty-one billion seven hundred sixty-six million The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 11

12 enam puluh enam juta lima ratus tiga puluh lima ribu Rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan modal ditempatkan dan disetor penuh periode 1 (satu) Juli 2005 (dua ribu lima) sampai dengan tanggal 30 (tiga puluh) September 2005 (dua ribu lima); i. Sejumlah Rp ,00 (sebelas milyar lima puluh delapan juta lima ratus empat puluh tiga ribu lima ratus Rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan modal ditempatkan dan disetor penuh periode 1 (satu) Oktober 2005 (dua ribu lima) sampai dengan tanggal 30 (tiga puluh) Desember 2005 (dua ribu lima). j. Sejumlah Rp ,00 (enam belas milyar sembilan ratus tiga puluh ribu empat ratus delapan puluh tiga ribu lima ratus Rupiah) penyetorannya dilakukan sebagai pelaksanaan program Management Stock Option Plan (MSOP) berdasarkan jumlah lembar opsi saham yang telah dieksekusi dan dicatat sebagai peningkatan modal ditempatkan dan disetor penuh periode 01 (satu) Januari 2006 (dua ribu enam) sampai dengan tanggal 31 (tiga puluh satu) Maret 2006 (dua ribu enam). 4. Setiap pengeluaran saham-saham lebih lanjut hanya dapat dilakukan oleh Direksi dengan persetujuan Rapat Umum Pemegang Saham, dengan mengindahkan ketentuan-ketentuan yang dimuat dalam Anggaran Dasar ini dan peraturan perundang-undangan yang berlaku di bidang Pasar Modal serta peraturan Bursa Efek di Indonesia di tempat dimana saham-saham Perseroan dicatatkan, asal saja harga sahamsaham yang dikeluarkan tersebut tidak dibawah harga pari. five hundred and thirty-five thousand rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully-Paid Capitals for the period of the first day of July two thousand and five ( ) up to the thirtieth day of September two thousand and five ( ); i. Rp. 11,058,543, (eleven billion fifty-eight million five hundred and forty-three thousand and five hundred rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully-Paid Capitals for the period of the first day of October two thousand and five ( ) up to the thirty-first day of December two thousand and five ( ); j. Rp. 16,930,483, (sixteen billion nine hundred and thirty million four hundred and eighty-three thousand and five hundred Rupiahs) shall constitute the payment being made as an implementation of Management Stock Option Plan (MSOP) program based on the number of stock/share option certificate which has been executed and recorded within the framework of increasing the Subscribed and Fully- Paid Capitals for the period of the first day of January two thousand and six ( ) up to the thirty-first day of March two thousand and six ( ); 4. Any further issuance of the shares may only be effected by the Board of Directors upon approval of the General Meeting of Shareholders, with due observance of the provisions stipulated in these Articles of Association and the prevailing laws and regulations on Capital Market and the regulations of the Stock Exchanges in Indonesia where the Company s shares are listed, provided that the price of the issued shares shall not be effected below par. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 12

13 5. a. Jika saham-saham yang masih dalam simpanan hendak dikeluarkan dengan cara penawaran umum terbatas kepada para pemegang saham dan/atau Perseroan akan menerbitkan obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis dengan itu, maka seluruh pemegang saham yang namanya telah terdaftar dalam Daftar Pemegang Saham Perseroan diberi kesempatan untuk membeli terlebih dahulu saham-saham dan/atau obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis yang akan dikeluarkan tersebut dan masing-masing pemegang saham berhak membelinya menurut perbandingan jumlah saham-saham yang mereka miliki dengan penyetoran tunai. b. Hak para pemegang saham untuk membeli terlebih dahulu tersebut dapat dijual dan dialihkan kepada pihak lain sesuai dengan peraturan perundang-undangan yang berlaku di bidang Pasar Modal dan peraturan Bursa Efek di Indonesia di tempat dimana saham-saham Perseroan dicatatkan. c. Pengeluaran saham dengan cara penawaran umum terbatas dan/atau obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis tersebut harus mendapat persetujuan terlebih dahulu dari Rapat Umum Pemegang Saham Perseroan, dengan syarat-syarat dan jangka waktu yang ditetapkan oleh Direksi sesuai dengan ketentuanketentuan yang dimuat dalam Anggaran Dasar ini, dan peraturan perundang-undangan yang berlaku di bidang Pasar Modal serta peraturan Bursa Efek di Indonesia di tempat dimana saham-saham Perseroan dicatatkan. d. Mengenai keputusan pengeluaran saham dan/atau obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis tersebut dengan cara penawaran umum terbatas, Direksi diwajibkan untuk mengumumkannya dalam 2 (dua) surat kabar/harian berbahasa Indonesia, yang salah satunya terbit atau beredar di tempat kedudukan 5. a. If the shares in portfolio are to be issued by means of private placement to the shareholders and/or the Company shall issue convertible bonds and/or warrants and/or other convertible securities similar thereto, all shareholders whose names are registered in the Shareholder Register of the Company shall have pre-emptive rights to purchase the shares and/or convertible bonds and/or warrants and/or other similar convertible securities to be issued, and the shareholders concerned shall be entitled to purchase them in proportion to the number of shares they respectively own by making payment in cash. b. The pre-emptive rights of the shareholders to purchase the shares may be sold and transferred to other parties pursuant to the prevailing laws and regulations on Capital Market and the regulations of the Stock Exchanges in Indonesia where the Company s shares are listed. c. The issuance of the shares by means of private placement and/or in form of convertible bonds and/or warrants and/or other similar convertible securities shall require prior approval from the General Meeting of Shareholders under the terms and for a period as determined by the Board of Directors pursuant to the provisions stipulated in these Articles of Association and the prevailing laws and regulations on Capital Market and the regulations of the Stock Exchanges in Indonesia where the Company s shares are listed. d. The Board of Directors shall announce the decision on the issuance by means of private placement of shares and/or convertible bonds and/or warrant and/or other similar convertible securities in 2 (two) daily newspapers in Indonesian language, one of which is circulated at the domicile of the Company and the other having National circulation. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 13

14 Perseroan dan yang lain berperedaran Nasional. e. Apabila ada diantara para pemegang saham tidak melaksanakan hak atas pembelian saham-saham dan/atau obligasi konversi dan/atau waran dan/atau efek konversi Iainnya yang sejenis tersebut di atas yang ditawarkan kepada mereka dengan membayar secara tunai dan sesuai dengan ketentuan-ketentuan di atas, maka Direksi mempunyai kebebasan untuk mengeluarkan saham-saham dan/atau obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis tersebut kepada para pemegang saham lain yang telah mengajukan permohonan beli yang Iebih besar dari proporsi bagiannya. f Apabila setelah alokasi tersebut dalam Pasal 4 ayat 5.e masih terdapat sisa yang tidak terjual, maka sisa saham dan/atau obligasi konversi dan/atau waran dan/atau efek konversi lainnya yang sejenis tersebut dapat dijual oleh Perseroan kepada siapapun juga dengan harga dan syarat-syarat yang ditetapkan oleh Direksi, satu dan lain dengan ketentuan harga dan syarat-syarat tersebut tidak lebih ringan dan syarat-syarat yang telah ditetapkan di atas dan dengan mengindahkan ketentuan-ketentuan yang dimuat dalam Anggaran Dasar ini dan peraturan perundang-undangan yang berlaku di bidang Pasar Modal serta peraturan Bursa Efek di Indonesia di tempat dimana saham-saham Perseroan dicatatkan. 6. Sebagai pengecualian terhadap ketentuan Pasal 4 ayat 5 tersebut, Perseroan dengan persetujuan Rapat Umum Pemegang Saham dapat mengeluarkan saham yang masih dalam simpanan tanpa melakukan penawaran umum terbatas kepada para pemegang saham, dengan ketentuan bahwa pengeluaran saham tersebut dilakukan dalam jumlah dan jangka waktu tertentu sebagaimana diatur dalam ketentuan Pasar Modal Indonesia atau diatur dengan pengecualian yang mungkin diterima Perseroan, dan saham tersebut dapat dijual oleh Perseroan kepada siapapun juga dengan harga dan syaratsyarat yang ditentukan oleh Direksi asal saja harga tersebut tidak lebih rendah e. If any of the shareholders fails to exercise the right of purchasing the shares and/or convertible bonds and/or warrants and/or other similar convertible securities offered to them by making payment in cash and in accordance with the foregoing provisions, the Board of Directors shall be free to issue the shares and/or convertible bonds and/or warrants and/or other similar convertible securities to the other shareholders who are interested in purchasing them in the number of more than the proportion of their rights. f. If after the allocation referred to in Article 4 paragraph 5.e there are any remaining shares which are not yet sold, the remaining shares and/or convertible bonds and/or warrants and/or other similar convertible securities may be sold by the Company to anybody whomsoever at the price and under the terms as determined by the Board of Directors, provided that the said price and terms are not lower than those determined above, with due observance of the provisions stipulated in these Articles of Association and the prevailing laws and regulations on Capital Market and the regulations of the Stock Exchanges in Indonesia where the Company s shares are listed. 6. In deviation of the provisions of Article 4 paragraph 5, the Company may, upon approval of the General Meeting of Shareholders, issue the shares in portfolio without offering private placement to the shareholders, provided that the issuance of such shares shall be effected in the certain number and time as regulated in the regulations of the Indonesian Capital Market or regulated with the certain exception which may be accepted by the Company, and such shares may be sold by the Company to anybody whomsoever at the price and terms as determined by the Board of Directors, provided that the price shall be not lower than the par price. The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 14

15 dari harga pari. 7. Dalam hal dilakukan peningkatan modal dasar, maka setiap penempatan sahamsaham lebih lanjut hanya dapat dilakukan oleh Direksi pada waktu dan dengan syarat-syarat tertentu yang ditetapkan oleh Direksi, dan Direksi harus rnenentukan harga saham-saham yang akan dikeluarkan serta syarat-syarat Iainnya yang dianggap perlu, tetapi tidak dengan harga dibawah pari, keputusan Direksi tersebut harus pula mendapat persetujuan dari Rapat Umum Pemegang Saham, satu dan lain dengan tidak mengurangi izin dari pihak yang berwenang. 8. Rapat Umum Pemegang Saham dalam pasal ini harus dihadiri oleh pemegang saham Seri A Dwiwarna dan keputusan rapat tersebut harus disetujui oleh pemegang saham Seri A Dwiwarna. 7. In the event that the authorized capital is increased, any further subscription of the shares may only be effected by the Board of Directors at the time and under the certain terms as determined by the Board of Directors, and the Board of Directors shall determine the price of the shares to be issued and other terms deemed necessary, provided that the price shall not be effected below par, and the said decision of the Board of Directors shall also obtain approval from the General Meeting of Shareholders, without prejudice to the permit from the competent authorities. 8. The General Meeting of Shareholders referred to in this article shall be attended by the holders of Series A Dwiwarna shares, and the resolutions of such meeting shall be approved by the holders of Series A Dwiwarna shares. SAHAM S H A R E S Pasal 5 Article 5 1. Saham-saham Perseroan adalah sahamsaham atas nama dan dikeluarkan atas nama pemiliknya yang terdaftar dalam Daftar Pemegang Saham yang terdiri dari saham Seri A Dwiwarna yang hanya khusus dapat dimiliki oleh NEGARA REPUBLIK INDONESIA dan saham Seri B yang dapat dimiliki oleh Masyarakat. 2. Dalam Anggaran Dasar yang dimaksud dengan saham ialah saham Seri A Dwiwarna dan saham-saham Seri B, yang dimaksud dengan pemegang saham ialah pemegang saham Seri A Dwiwarna dan pemegang saham Seri B, kecuali apabila dengan tegas dinyatakan lain. 3. Sepanjang dalam Anggaran Dasar tidak ditetapkan lain, maka pemegang saham Seri A Dwiwarna dan pemegang saham seri B mempunyai hak yang sama. 4. Perseroan hanya mengakui seorang (orang-perorangan atau badan hukum) sebagai pemilik dari satu saham atau lebih. 5. Apabila saham karena sebab apapun menjadi milik beberapa orang, maka 1. The shares of the Company are registered shares and are issued upon the name of the owner that is registered in the Shareholders Register, which consist of Seri A Dwiwarna share that can only be owned by the REPUBLIC OF INDONESIA and Seri B shares that can be owned only by the STATE OF THE REPUBLIC OF INDONESIA and Series B shares which may be owned by the Public. 2. In this Articles of Association, Shares means Seri A Dwiwarna share and Seri B shares. Shareholder means the shareholders of Seri A Dwiwarna share and Seri B shares, unless it is explicitly stated otherwise. 3. As long as this Articles of Association does not regulate otherwise, shareholders of Seri A Dwiwarna share and Seri B shares have equal right. 4. The Company only acknowledges one person (individual person or legal entity) as the owner of one share or more. 5. If a share for any reason whatsoever becomes the property of several persons, The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 15

16 mereka yang memiliki bersama-sama itu diwajibkan untuk menunjuk seorang diantara mereka atau seorang lain sebagai kuasa mereka bersama dan yang ditunjuk atau diberi kuasa itu sajalah yang berhak mempergunakan hak yang diberikan oleh hukum atas saham tersebut. 6. Selama ketentuan dalam ayat 5 di atas belum dilaksanakan, maka para pemegang saham tersebut tidak berhak mengeluarkan suara dalam Rapat Umum Pemegang Saham, sedangkan pembayaran dividen untuk saham itu ditangguhkan. 7. Seorang pemegang saham menurut hukum harus tunduk kepada Anggaran Dasar ini dan kepada semua keputusan yang diambil dengan sah dalam Rapat Umum Pemegang Saham serta peraturan perundang-undangan yang berlaku. 8. Untuk saham-saham Perseroan yang dicatatkan pada Bursa Efek di Indonesia berlaku peraturan perundang-undangan di bidang Pasar Modal. those who have joint ownership shall appoint one person amongst them or another person as their joint representative, and only the person so appointed or authorized shall be entitled to exercise the rights conferred by law upon such share. 6. To the extend that the provision in Article 5 has not yet been implemented, such shareholders shall not be entitled to cast votes at the General Meetinig of Shareholders, and the payment of dividend for such share shall be postponed. 7. A shareholder shall, by law be governed to the provisions of this Articles of Association and by all resolutions lawfully adopted at the General Meeting of Shareholders and to the prevailing laws and regulations. 8. Shares of the Company which are listed in the Stock Exchange in Indonesia are subject to the prevailing laws and regulations in the Capital Market. SURAT SAHAM SHARE CERTIFICATES Pasal 6 Article 6 1. Perseroan dapat memberikan bukti kepemilikan saham berupa surat saham atau surat kolektif saham atas nama pemiliknya yang terdaftar dalam Daftar Pemegang Saham Perseroan sesuai dengan peraturan perundang-undangan yang berlaku, termasuk peraturan Bursa Efek di tempat dimana saham-saham Perseroan dicatatkan. 2. Surat kolektif saham dapat dikeluarkan sebagai bukti pemilikan 2 (dua) atau lebih saham yang dimiliki oleh seorang pemegang saham. 3. Pada surat saham sekurang-kurangnya harus dicantumkan: 1. The Company may give an evidence of share ownership either in the form of share certificate or collective share certificate bearing the name of the owner of the share whose name has been registered in the Shareholder Register of the Company, with due observance of the prevailing laws and regulations, including the regulations of the Stock Exchanges where the Company s shares are listed. 2. A collective share certificate may be issued as evidence of ownership of 2 (two) or more shares held by a shareholder. 3. On the share certificate at least the following particulars shall be mentioned: a. nama dan alamat pemegang saham; a. name and address of the shareholder; b. nomor surat saham beserta b. serial number of the share certificate klasifikasi surat saham; and classification of the share certificate; c. tanggal pengeluaran surat saham; c. date of issuance of the share The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 16

17 certificate; d. nilai nominal saham. d. nominal value of the share. 4. Pada surat kolektif saham sekurangkurangnya harus dicantumkan: 4. On the collective share certificate at least the following particulars shall be mentioned: a. nama dan alamat pemegang saham; a. name and address of the shareholder; b. nomor surat kolektif saham beserta b. serial number of the collective share klasifikasi surat saham; certificate and classification of the collective share certificate; c. date of issuance of the collective share certificate; c. tanggal pengeluaran surat kolektif saham; d. nilai nominal saham; d. nominal value of the share; e. jumlah saham. e. number of the shares. 5. Surat saham dan surat kolektif saham harus ditandatangani oleh atau tanda tangan yang dicetak langsung di atasnya dari Direktur Utama dan Komisaris Utama, atau apabila Direktur Utama dan/atau Komisanis Utama berhalangan, hal mana tidak perlu dibuktikan kepada pihak ketiga, maka digantikan oleh salah seorang anggota Direksi dan/atau Komisaris lainnya. 5. The share certificate and collective share certificate shall be signed by or bear the printed signature of the President Director and the President Commissioner, or if the President Director and/or the President Commissioner is prevented for whatsoever reason, of which impediment no evidence to third parties shall be required, by/of another member of the Board of Directors and/or by/of member of the Board of Commissioners. PENGGANTI SURAT SAHAM DUPLICATE OF SHARE CERTIFICATES Pasal 7 Article 7 1. Dalam hal surat saham rusak atau tidak dapat dipakai lagi, penggantian surat saham tersebut dilakukan jika Perseroan menerima bukti yang cukup bahwa: a. surat saham tersebut rusak atau tidak dapat dipakai lagi; b. pihak yang mengajukan permohonan tertulis penggantian surat saham adalah pemilik surat saham tersebut dan asli surat saham yang rusak atau tidak dapat dipakai lagi tersebut wajib dikembalikan dan dapat ditukar dengan surat saham baru yang nomornya sama dengan nomor surat saham aslinya. 2. Surat saham sebagaimana dimaksud dalam ayat 1 kemudian dimusnahkan dan oleh Direksi dibuat Berita Acara untuk dilaporkan dalam Rapat Umum Pemegang Saham berikutnya. 3. a. Apabila surat saham hilang atau rusak sama sekali, maka pemilik surat saham tersebut mengajukan permohonan tertulis kepada Direksi, 1. In the event that a share certificate is damaged or unusable, such share certificate may be replaced as long as the Company receives satisfactory evidences that: a. the share certificate is damaged or unusable; b. the party submitting a written request for the duplicate of share certificate is the owner of such share certificate, and the damaged or unusable original share certificate shall be returned and may be exchanged for a new share certificate having the same serial number with that of the original share certificate. 2. The share certificate as referred to in paragraph 1 shall be destroyed and the proceeding thereof shall be recorded in a minutes prepared by the Board of Directors so as to be reported to the subsequent General Meeting of Shareholders. 3. a. If a share certificate is lost or totally damaged, the Board of Directors shall, at the written request of the shareholder concerned, issue duplicate The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 17

18 kemudian Direksi akan mengeluarkan surat saham pengganti setelah menurut pendapat Direksi hal tersebut cukup dibuktikan dan dengan jaminan yang dipandang perlu oleh Direksi untuk setiap peristiwa. b. Pengeluaran surat saham pengganti untuk surat saham yang hilang atau rusak sama sekali, diumumkan di bursa efek di tempat dimana efek tersebut dicatatkan dalam waktu sekurang-kurangnya 14 (empat belas) hari sebelum pengeluaran surat saham pengganti dan sesuai dengan peraturan perundangundangan yang berlaku di bidang Pasar Modal. 4. Setelah surat saham pengganti tersebut dikeluarkan, maka surat saham yang telah digantikan tidak berlaku lagi terhadap Perseroan. 5. Semua biaya untuk pengeluaran surat saham pengganti itu ditanggung oleh pemilik surat saham atau pihak yang berkepentingan. 6. Ketentuan-ketentuan tersebut di atas mengenai penggantian surat saham juga berlaku untuk penggantian surat kolektif saham. share certificate, provided that the loss has been sufficiently proved to the satisfaction of the Board of Directors, and upon a guarantee as may be deemed necessary by the Board of Directors in any particular case. b. The issuance of a duplicate for a loss or totally damaged share certificate shall be announced in the stock exchange where such share is listed within the period of at least 14 (fourteen) days prior to the issuance of duplicate share certificate, pursuant to the prevailing laws and regulations on Capital Market. 4. After the duplicate of such share certificate has been issued, the replaced share certificate shall be null and void to the Company. 5. All expenses incurred for the issuance of duplicate of the share certificate shall be borne by the shareholder concerned or the interested party. 6. The foregoing provisions on the issuance of a duplicate share certificate shall also be applicable to the issuance of duplicate for collective share certificate. DAFTAR PEMEGANG SAHAM DAN SHAREHOLDER REGISTER AND SPECIAL DAFTAR KHUSUS REGISTER Pasal 8 Article 8 1. Perseroan berkewajiban untuk mengadakan dan menyimpan Daftar Pemegang Saham dan Daftar Khusus di tempat kedudukan Perseroan. 2. Dalam Daftar Pemegang Saham itu dicatat: a. nama dan alamat para pemegang saham; b. jumlah, nomor dan tanggal perolehan surat saham atau surat kolektif saham serta klasifikasi yang dimiliki oleh para pemegang saham; c. nama dan alamat dari orang atau badan hukum yang mempunyai hak gadai atas saham dan tanggal perolehan hak gadai tersebut; 1. The Company shall keep and maintain a Shareholder Register and Special Register at the domicile of the Company. 2. In the Shareholder Register the following particulars shall be recorded: a. names and addresses of the shareholders; b. number, serial numbers and date of acquisition of the share certificates or collective share certificates and classification owned by the shareholders; c. name and address of a person or legal entity having right of pledge on a share and date of acquisition of such right of pledge; The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 18

19 d. keterangan penyetoran saham dalam bentuk lain selain uang; dan e. keterangan Iainnya yang dianggap perlu oleh Direksi. 3. Dalam Daftar Khusus dicatat keterangan mengenai kepemilikan saham anggota Direksi dan Komisaris beserta keluarganya dalam Perseroan dan/atau pada perseroan lain serta tanggal saham itu diperoleh. 4. a. Pemegang Saham harus memberitahukan setiap perpindahan tempat tinggal secara tertulis kepada Direksi Perseroan. Selama pemberitahuan itu belum dilakukan, maka segala panggilan dan pemberitahuan kepada pemegang saham adalah sah jika dialamatkan pada alamat pemegang saham yang paling akhir dicatat dalam Daftar Pemegang Saham. b. Setiap pencatatan-pencatatan dan/atau perubahan-perubahan pada Daftar Pemegang Saham harus ditandatangani oleh seorang anggota Direksi dan seorang Komisaris, kecuali Direksi menunjuk dan memberi wewenang kepada Biro Administrasi Efek. 5. Direksi berkewajiban untuk menyimpan dan memelihara Daftar Pemegang Saham dan Daftar Khusus sebaikbaiknya. 6. Setiap pemegang saham berhak melihat Daftar Pemegang Saham dan Daftar Khusus di tempat dan pada waktu jam kerja kantor Perseroan atau kantor Biro Administrasi Etek yang ditunjuk oleh Perseroan. 7. Dengan memperhatikan peraturan perundang-undangan di bidang Pasar Modal yang berlaku, hanya pemegang saham yang namanya dicatat sesuai dengan klasifikasi saham masing-masing dalam Daftar Pemegang Saham adalah pemegang saham yang sah dari Perseroan dan berhak untuk melakukan semua hak yang diberikan kepada pemegang saham berdasarkan peraturan perundang-undangan serta Anggaran Dasar ini. d. particulars on the payment of shares other than in cash; and e. other particulars deemed necessary by the Board of Directors. 3. Particulars on the ownership of shares by the members of the Board of Directors and the Board of Commissioners and their families in the Company and/or in other companies and the date of acquisition of such shares shall be recorded in the Special Register. 4. a. The shareholders shall notify in writing any change of their address to the Board of Directors of the Company. Otherwise, all notices and correspondence to the shareholders shall be deemed to have been legally addressed if sent to the last recorded address in the Shareholder Register. b. Any annotation and/or alteration to the Shareholder Register shall be signed by a member of the Board of Directors and a member of the Board of Commissioners, except the Board of Directors appoints and grants power to the Securities Administration Bureau. 5. The Board of Directors shall be obligated to properly keep and maintain the Shareholder Register and Special Register. 6. Each shareholder shall be entitled to inspect the Shareholder Register and Special Register at the place and during office hours of the Company, or at the office of the Securities Administration Bureau appointed by the Company. 7. With due observance of the prevailing laws and regulations on Capital Market, only the shareholder whose name is registered in the Shareholder Register in accordance with each share classification as the legal shareholder of the Company, and such shareholder shall be entitled to exercise all the rights conferred on a shareholder pursuant to the laws and regulations and this Articles of Association. 8. Direksi Perseroan dapat menunjuk dan 8. The Board of Directors may appoint and The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 19

20 memberi wewenang kepada Biro Administrasi Efek untuk melaksanakan pencatatan saham dalam Daftar Pemegang Saham dan Daftar Khusus. 9. Dalam hal terjadi penjualan, pemindahtanganan, pengagunan, gadai, cessie yang menyangkut saham-saham Perseroan atau hak-hak atau kepentingan-kepentingan atas sahamsaham, maka pihak yang berkepentingan harus mengajukan permohonan secara tertulis kepada Direksi atau pihak yang ditunjuk oleh Direksi untuk dicatat dan didaftarkan dalam Daftar Pemegang Saham, sesuai dengan Anggaran Dasar ini dan peraturan perundang-undangan yang berlaku di bidang Pasar Modal, serta peraturan Bursa Efek di Indonesia di tempat dimana saham-saham Perseroan dicatatkan. 10. Untuk saham-saham yang tercatat di Bursa Efek berlaku ketentuan-ketentuan Bursa Efek di tempat dimana sahamsaham Perseroan dicatatkan. grant power to the Securities Administration Bureau to perform the annotation of share in the Shareholder Register and Special Register. 9. In the event that any sale, transfer, encumbrance, pledge, assignment of the shares of the Company or rights or interests of such shares, the interested party shall submit a request in writing to the Board of Directors, or to any party appointed by the Board of Directors to be annotated and registered in the Shareholder Register, pursuant to this Articles of Association and the prevailing laws and regulations on Capital Market and the regulations of the Stock Exchanges in Indonesia where the Company s shares are listed. 10. The regulations of the Stock Exchange at the place where the Company s shares are listed shall be applicable to the shares listed in the Stock Exchange. PENITIPAN KOLEKTIF COLLECTIVE DEPOSIT Pasal 9 Article 9 1. Saham dalam Penitipan Kolektif pada Lembaga Penyimpanan dan Penyelesaian harus dicatat dalam Daftar Pemegang Saham atas nama Lembaga Penyimpanan dan Penyelesaian untuk kepentingan para pemegang rekening pada Lembaga Penyimpanan dan Penyelesaian. 2. Saham dalam Penitipan Kolektif pada Bank Kustodian atau Perusahaan Efek yang dicatat dalam rekening Efek pada Lembaga Penyimpanan dan Penyelesaian dicatat atas nama Bank Kustodian atau Perusahaan Efek yang bersangkutan untuk kepentingan para pemegang rekening pada Bank Kustodian atau Perusahaan Efek tersebut. 3. Apabila saham dalam Penitipan Kolektif pada Bank Kustodian merupakan bagian dari portofolio Efek Reksa Dana yang berbentuk Kontrak Investasi Kolektif dan tidak termasuk dalam Penitipan Kolektif pada Lembaga Penyimpanan dan Penyelesaian, maka Perseroan akan mencatatkan saham tersebut dalam Daftar Pemegang Saham atas nama Bank Kustodian untuk kepentingan 1. The shares in the Collective Deposit at the Depository and Settlement Institution shall be recorded in the Shareholder Register in the name of the Depository and Settlement Institution for the interest of the account holder at the Depository and Settlement Institution. 2. The shares in the Collective Deposit at the Custodian Bank or at the Securities Company recorded in the Securities account at the Depository and Settlement Institution shall be recorded in the name of the Custodian Bank or the Securities Company for the interest of the account holder at the said Custodian Bank or Securities Company. 3. If the shares in the Collective Deposit at the Custodian Bank are part of the Mutual Funds Securities portfolio in the form of a Collective Investment Contract and not included in the Collective Deposit at the Depository and Settlement Institution, the Company shall record the shares in the Shareholder Register of the Company in the name of the Custodian Bank for the interest of the owner of an Investment Unit The English Version is translated by Sworn Translator & Reviewed of Melli Darsa & Co. 20