PT Indo Tambangraya Megah Tbk : Convocation of AGMS

CONVOCATION OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

PT INDO TAMBANGRAYA MEGAH Tbk ("Company")

The Board of Directors of PT Indo Tambangraya Megah Tbk hereby announce the Convocation to the Shareholders of the Company, that the Annual General Meeting of Shareholders (the "Meeting") will be held as per following details

The Company will convene the Meeting electronically; therefore, the Company encourages all Shareholders to attend the Meeting with the following mechanism:

1. Attend the Meeting electronically through eASY.KSEI (https://akses.ksei.co.id/) application; or
2. Represented by other parties by granting a power of attorney electronically through eASY.KSEI (https://akses.ksei.co.id/) application; or
3. Granting conventional power of attorney to independent representative appointed by the Company by using Proxy Form provided by the Company as available and can be downloaded in the Company's website, https://itmg.co.id/en/corporate-governance/gmsfrom Convocation date until one business day prior to the Meeting.

MEETING AGENDA AND EXPLANATION (1/3)

The Board of Directors and the Board of Commissioners report on the course of the Company during the financial year ended by 31 December 2022 in the Annual Report including the Sustainable Report as well as the Company's performance in the Annual Consolidated Financial Statement for year ended by 31 December 2022 that has been audited by public accountant KAP Tanudiredja, Wibisana, Rintis and Partners.

Explanation:

In accordance with Article 26 paragraph (1) and paragraph (2) of The Company's Article of Association as well as Article

70 and 71 of Law No. 40 Year 2007 on Limited Liability Company, the use of the Company's net profits must be approved by the General Meeting of Shareholder.

Through the approval of the Board of Commissioners, the Company has paid an interim dividend for the first semester of 2022 from net profit, amounting to Rp.4,128,- (four thousand one hundred twenty-eight Rupiah) per share which was paid on November 22, 2022.

MEETING AGENDA AND EXPLANATION (2/3)

In accordance with the provisions of Article 13 paragraph (4) and paragraph (6) of the Financial Services Authority Regulation No.13/POJK.03/2017 on the Use of Public Accountant Services and Public Accounting Firms in Financial Services activities.

The Company hereby propose for approval to the Meeting to appoint Mr. Toto Harsono, S.E. and the Public Accounting Firm of Tanudiredja, Wibisana, Rintis & Rekan based on the recommendation of the Audit and Risk Monitoring Committee and to authorize the Board of Commissioners and/or the Board of Directors to do everything as deemed necessary in implementing the above decision.

MEETING AGENDA AND EXPLANATION (3/3)

1. Determination of remuneration for the Board of Commissioners
   Based on Article 113 of Law No.40 Year 2007 on Limited Liabilities Company, and Article 22 paragraph (8) od the
   Company's Article of Association, the Company will propose an approval on salary, honorarium and allowances for the Company's Board of Commissioners and to further grant power and authority to the President Commissioner to determine the distribution among members of the Board of Commissioners.
2. Determination of remuneration for the Board of Directors
   Referring to the provisions of Article 96 paragraph (1) of Law no. 40 of 2007 on Limited Liability Companies, the amount of the Board of Directors' salaries and allowances is determined based on the decision of the General Meeting of Shareholders, however, according to the provisions of Article 96 paragraph (2) of Law no. 40 of 2007 on Limited Liability Companies and Article 20 paragraph (5) of the Company's Articles of Association, this authority can be delegated to the Board of Commissioners.