Jakarta, 22 April 2022. PT XL Axiata Tbk (XL Axiata) today, Friday (22/4) held the 2022 Annual General Meeting of Shareholders (Meeting). The meeting, which took place online, has 4 (four) agenda which have been approved in the meeting, including dividend distribution for shareholders of Rp. 522 billion or 50% of profit after adjustment.
President Director & CEO of XL Axiata, Dian Siswarini said, “This year the Meeting approved the use of 50% of profits after adjusting it to be distributed as dividends to shareholders. The total dividend is Rp 552,075,000,000, which is equivalent to Rp 51 per share. The remainder of the profits will be used as a General Reserve Allocation of Rp 100 million, and any profits left thereafter will be recorded in Retained Earnings to support the development of the company's business."
More details regarding the resolution of the Meeting, on the first agenda, the Meeting approved and accepted the Annual Report of the Board of Directors of the Company regarding the activities and operations of the Company including but not limited to the results achieved during the financial year ending on 31 December 2021, the Supervisory Report of the Board of Commissioners of the Company for the 2021 financial year and to provide approval and ratification of the Company's Financial Statements for the financial year ended on December 31, 2021 which have been audited by Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan (a member of PricewaterhouseCoopers networks of firms).
In addition, the Meeting also approved the granting of full acquittal and discharge of responsibility (volledig acquit et de charge) to the members of the Board of Directors of the Company for their management actions and members of the Board of Commissioners of the Company for their supervisory actions in the financial year ending on 31 December 2021, as long as these actions are reflected in the Annual Report and recorded in the Financial Statements of the Company and do not constitute a criminal act or violation of the provisions of the prevailing laws and regulations.
On the second agenda, the Meeting approved the determination of net profit of the the Company for the financial year ended on 31 December 2021 with the following conditions:
On the second agenda, The Meeting also approved the General Reserve Allocation of Rp. 100,000,000 (one hundred million Rupiah), and agreed that the remaining Rp. 735,632,000,000 (seven hundred thirty-five billion six hundred thirty-two million Rupiah (rounded) is recorded in the Retained Earnings to support the business development of the Company.
On the third agenda, the Meeting appointed Kantor Akuntan Publik Tanudiredja, Wibisana, Rintis & Rekan (a member of PricewaterhouseCoopers networks of firms) as the external auditor of the Company with Public Accountant Mr. Lok Budianto, S.E., Ak., CPA, to audit the Financial Statements of the Company for the Financial Year ended on December 31, 2022 and audits of other financial statements required by the Company.
The Meeting also authorizes the Board of Commissioners and / or the Board of Directors of the Company to take action and all management, including but not limited to determining the amount of professional honorarium, signing documents, and or appointing a Public Accountant Firm and / or other Public Accountant registered in the Financial Services Authority based on the recommendation of the Audit Committee if for one reason or another the Public Accounting Firm and / or Public Accountants above cannot carry out their duties.
Furthermore on the fourth agenda, the Meeting gives power and authority to the Board of Commissioners of the Company to determine the amount of salary, bonus and other benefits for members of the Board of Directors of the Company, and grants power and authority to the Nomination and Remuneration Committee of the Company to determine the amount of salaries, bonuses and other benefits for members of the Board of Commissioners of the Company in accordance with the structure and amount of remuneration based on the remuneration policy of the Company for the financial year ending on 31 December 2022.