Distributes Dividends of IDR 249.31 Billion, Bank DKI Ready to Transform Through IPO

Jakarta – Bank DKI officially distributed dividends worth IDR 249.31 billion or with a dividend payout ratio of 32% of the net profit for the 2024 financial year of IDR 779.10 billion, with details of IDR 249.26 billion given to the DKI Jakarta Provincial Government, and IDR 56 million given to Perumda Pasar Jaya. This was decided at the Annual General Meeting of Shareholders (AGMS) of Bank DKI for the 2024 Financial Year which was held on Wednesday (30/04/2025). Meanwhile, the remaining net profit in 2024, amounting to 68% or IDR 529.79 billion, is designated as retained earnings for Bank DKI's business development. This was conveyed by the Main Director of Bank DKI, Agus H. Widodo in his written statement in Jakarta on Wednesday (30/04).

Another important decision regarding transformation involves public participation through an Initial Public Offering (IPO). At the AGMS, the Company also received approval to carry out its IPO plan to the public and list it on the Indonesia Stock Exchange (BEI). The AGMS gives authority to the Board of Directors and Board of Commissioners for all adjustments and preparations necessary to implement the Initial Public Offering (IPO) plan, including conducting a comprehensive study, while still paying attention to domestic and global economic conditions, stock market conditions on the IDX.

The AGMS has also given approval for an increase in the Company's Issued/Paid-In Capital in the amount specified in the Revised Regional Revenue and Expenditure Budget for Fiscal Year 2024 (hereinafter referred to as "APBD-P 2024"), which comes from former IBRA's Write-Off credit with a total of IDR 2.19 billion as a capital contribution from the DKI Jakarta Provincial Government to the Company. With the addition of the Issued/Paid Up Capital, the Company's Issued/Paid Up Capital will change from the original IDR 6.577 trillion to IDR 6.579 trillion, and the remaining IDR 760.17 thousand will be recorded in the Company's General Reserves.

Bank DKI's Annual GMS for the 2024 financial year also made changes to the management composition to support business transformation. Shareholders through the GMS and after consulting with the OJK, strengthened and refreshed the Company's board of commissioners and directors, including Anang Basuki replacing Bahrullah Akbar as President Commissioner, while Michael Rolandi C Brata and Kiryanto continued to serve in their respective positions as Commissioner and Independent Commissioner. For the position of Director, Agus H. Widodo is still trusted to serve as President Director together with Ateng Rivai as Compliance Director. The new names appointed by the DKI Jakarta Provincial Government to fill the ranks of the DKI Bank Board of Directors include Daniel Setiawan Subianto, Basaria Martha Juliana, Dipo Nugroho, and Prihanto Herbowo. The new names will then undergo a fit and proper test assessment process from the Financial Services Authority. Thus, the composition of the Board of Directors and Commissioners is as follows:

board of Commissioners

Chief Commissioner (Independent): Anang Basuki *

Commissioner: Michael Rolandi C Brata

Independent Commissioner: Kiryanto

Directors

Main Director: Agus H. Widodo

Compliance Director: Ateng Rivai

Director: Daniel Setiawan Subianto *

Director: Basaria Martha Juliana *

Director: Dipo Nugroho *

Director: Prihanto Herbowo *

*Effective upon approval from the Financial Services Authority for the fit and proper test and compliance with applicable statutory provisions

The annual GMS also provided other important decisions, including approval of the Annual Report and Financial Report, Report on the Supervisory Tasks of the Board of Commissioners for the 2024 Financial Year, approval of the recovery action plan as an implementation of POJK No. 5 of 2024 concerning Determining the Status of Supervision of Problems and Handling Problems of Commercial Banks, determining a Public Accounting Firm to Audit Financial Reports for the 2025 Financial Year and Determining a Public Accounting Firm for the Context of Other Corporate Actions.