Page 96 - XL Axiata Integrated Anual Report 2020 ENG

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2020 Integrated Annual Report
CORPORATE GOVERNANCE
 Network or Fixed Local Without Cable with Limited Mobility Network.
 Other Multimedia Services. b. Another Monetary Intermediary.
Paragraph 3
To achieve the aforesaid purpose and objective, and to support the main business activity of
the Company as set-forth above, the Company may conduct the following supporting business activities:
• To plan, engineer, construct, provide, develop and operate, lease out, maintain and supply telecommunication facilities including supply of resources to support the Company’s business in rendering telecommunication services and/or networks;
• To increase to maximum the relevant telecommunication services and/or networks in order to achieve capacity as desired and required by the public in the framework of improving services to the public;
• To carry on business and operational services (including marketing and sales of telecommunication network and/or services rendered by the Company), to carry out
maintenance, researches, development of telecommunication infrastructures and/or facilities, to provide non-formal education and training in telecommunications sector both domestically and abroad; and
• To provide other telecommunication services and networks including information technology services and/or networks.
2. To grant authorization and proxy to the Board of Directors of the Company with substitution rights, to perform any required action in regards to the adjustment of Articles of Association and to re-adjust the whole Articles of Association
of the Company including but not limited to sign documents and/or letters, to state and/ or stipulate the result of this Meeting in such deed made before the Notary, to come before the government institutions for the purpose to obtain approval and/or conduct registration/ record in compliance with provisions of prevailing regulations as well as to conduct any other action as considered necessary
by the Board of Directors in relation to such adjustment of Articles of Association
RESOLUTION REALIZATION OF 2019 EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Date of Implementation : Implementation of EGMS Result :
2019 EGMS RESOLUTION
Agenda 1
Approval of Amendment and Restatement of 2016-2020 Long Term Incentive Program of PT XL Axiata Tbk
Resolution
1. Approved the Amendment of 2016-2020
Long Term Incentive Program (“2016-2020 LTI Program”) and restate the overall 2016-2020 LTI Program.
2. Approved the adjustment of the executed Grant Cycle IV and Grant Cycle V of 2016-2020 LTI Program as a result of the above amendment and restatement of 2016-2020 LTI Program.
30 September 2019
All of the results of the EGMS have been fully implemented by the Company.
PT. XL AXIATA TBK TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION
3. Approved the renewal of grant of authority to the Company’s Board of Commissioners
to declare the realization on the issuance of new shares and the adjustment of issued and paid-up capital of the Company as a result of execution of 2016 – 2020 LTI Program.
4. Authorized the Board of Directors of the Company to conduct any required action and arrangement including but not limited to adjust and/or sign any document and/or agreement and/or to take any required decision in relation with the implementation of the above decision, in accordance with the prevailing regulations.