WIKA Beton Holds Annual General Meeting of Shareholders for Fiscal Year 2024

Jakarta (ANTARA) - PT Wijaya Karya Beton Tbk, also known as WIKA Beton (WTON), convened its Annual General Meeting of Shareholders (AGMS) for the 2024 Financial Year on Monday, 2 June 2025. The AGMS was conducted in a hybrid format: physically at the Auditorium Room, WIKA Tower 2, Jakarta, and electronically via the KSEI Electronic General Meeting System (eASY KSEI).

The Annual General Meeting of Shareholders (AGMS), which commenced at 14:53 WIB, was attended by 6,149,377,624 shares or representing 70.55% of the 8,715,466,600 shares issued by the Company. The agenda of the 2024 Fiscal Year Annual General Meeting of Shareholders (AGMS) is as follows:

1. Approval of the Company’s Annual Report, including the Supervisory Report of the Board of Commissioners for the 2024 Financial Year, and ratification of the Company’s Consolidated Financial Statements for the financial year ended 31 December 2024, as well as the granting of full release and discharge (volledig acquit et de charge) to the Board of Directors for the management actions and to the Board of Commissioners for the supervisory actions performed during the 2024 Financial Year.

2. Determination of the Appropriation of the Company’s Net Profit for the 2024 Financial Year.

3. Appointment of a Public Accounting Firm (KAP) to audit the Company’s Financial Statements for the 2025 Financial Year.

4. Determination of salaries/honoraria, allowances, and other facilities for 2025 and tantiem for 2024 performance for the Board of Directors and the Board of Commissioners.

5. Approval of changes in the composition of the Company’s Board of Directors and/or Board of Commissioners.

AGMS Resolutions

First Agenda Item:

Approved the Company’s Annual Report, including the Supervisory Report of the Board of Commissioners, and the Company’s Consolidated Financial Statements for the 2024 Financial Year ended 31 December 2024.

Ratified the Company’s Consolidated Financial Statements for the 2024 Financial Year ended 31 December 2024, audited by the Public Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar & Rekan (RSM Indonesia) as stated in Report Number 00248/2.1030/AU.1/04/1680-4/1/III/2025 dated 20 March 2025, with an “Unqualified Opinion.”

Granted full release and discharge (volledig acquit et de charge) to all members of the Board of Directors for management actions and to all members of the Board of Commissioners for supervisory actions performed during the 2024 Financial Year ended 31 December 2024, provided such actions were not criminal offenses and were reflected in the aforementioned reports.

Second Agenda Item:

Approved the appropriation of Net Profit attributable to the Parent Entity of the Company for the financial year ended 31 December 2024 amounting to IDR 65,004,281,962 (Sixty-Five Billion Four Million Two Hundred Eighty-One Thousand Nine Hundred Sixty-Two Rupiah) as follows:

10% of Net Profit, or IDR 6,536,599,950 (Six Billion Five Hundred Thirty-Six Million Five Hundred Ninety-Nine Thousand Nine Hundred Fifty Rupiah), to be distributed as Cash Dividends to Shareholders, or IDR 0.75 per share.

90% of Net Profit, or IDR 58,467,682,012 (Fifty-Eight Billion Four Hundred Sixty-Seven Million Six Hundred Eighty-Two Thousand Twelve Rupiah), to be allocated as Other Reserves.

Authorized the Board of Directors, with substitution rights, to further regulate the procedures and implementation of cash dividend distribution in accordance with prevailing regulations, including rounding off dividend payments per share.

Third Agenda Item:

To approve the appointment of a Public Accountant from the Public Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar, & Rekan (RSM Indonesia) to audit the Company’s Consolidated Financial Statements, as well as other reports for the 2025 Fiscal Year;

To grant authority and power to the Company’s Board of Commissioners, subject to prior written approval from the Majority Shareholder, to:

A. Appoint a Public Accountant and/or Public Accounting Firm to audit the Company’s Consolidated Financial Statements for other periods in the 2025 Fiscal Year for the purposes and interests of the Company; and

B. Determine the audit service fees and other requirements for the said Public Accountant and/or Public Accounting Firm, as well as to appoint a Substitute Public Accountant and/or Public Accounting Firm in the event that Amir Abadi Jusuf, Aryanto, Mawar, & Rekan (RSM Indonesia) Public Accountant and/or Public Accounting Firm, for any reason, is unable to complete the audit services for the Company’s Consolidated Financial Statements and/or other periods in the 2025 Fiscal Year, including determining the audit service fees and other requirements for such Substitute Public Accountant and/or Public Accounting Firm.

Fourth Agenda Item:

Approved the granting of authority and power to the Majority Shareholder to determine, for members of the Board of Commissioners:

Tantiem/Performance Incentives/Special Incentives for the 2024 Financial Year, in accordance with applicable regulations; and Honorarium, facilities, and allowances for the 2025 Financial Year.

Approved the granting of authority and power to the Board of Commissioners, upon obtaining prior written approval from the Majority Shareholder, to determine, for members of the Board of Directors:

Tantiem/Performance Incentives/Special Incentives for the 2024 Financial Year, in accordance with applicable regulations; and Salaries, facilities, and allowances for the 2025 Financial Year.

Fifth Agenda Item:

Confirmed the honorable discharge of Mr. Eko Sujianto as President Commissioner;

1. Honorably discharged Mr. R. Permadi Mulyajaya as Commissioner;

2. Honorably discharged Mr. Miftachul Munir as Commissioner;

3. Honorably discharged Mrs. Nita Prihutaminingrum as Independent Commissioner;

4. Honorably discharged Mr. Iswandi Imran as Independent Commissioner;

5. Appointed Mr. Wilan Oktavian as President Commissioner;

6. Appointed Mr. Tjia Marwan as Commissioner;

7. Appointed Mr. Dwi Gawan Islandhi H.B as Independent Commissioner.

Thus, the composition of the Board of Commissioners of WIKA Beton has changed accordingly:

No.	Position	Name
1.	President Commissioner	Wilan Oktavian
2.	Commissioner	Tjia Marwan
3.	Independent Commissioner	Dwi Gawan Islandhi

Meanwhile, the composition of the Board of Directors of WIKA Beton remains as follows:

No.	Position	Name
1.	President Director	Kuntjara
2.	Director of Marketing and Development	Rija Judaswara
3.	Director of Operations and SCM	Agus Pramono
4.	Director of Finance, HC, & Risk Management	Syailendra Ogan
5.	Director of Engineering and Production	Verly Widiantoro

WTON 2024 Performance

Throughout 2024, WTON recorded positive results despite a competitive construction sector. Sales revenue reached IDR 4.90 trillion, with new contract revenue totaling IDR 5.75 trillion. Net profit after tax amounted to IDR 64.20 billion.

WIKA Beton remains committed to continuous innovation and delivering optimal solutions for Indonesia’s infrastructure development. Supported by management’s established strategies, the company is optimistic about delivering greater value to all stakeholders.