To grant the power and authority to the Board of Directors with the right of substitution to determine the schedule and regulate the procedure for paying the cash dividends to the Company’s Shareholders who are registered in the Register of Shareholders by applicable regulations.
The Meeting also approved the Allocation of General Reserves of IDR. 100,000,000 (one hundred million Rupiah) (rounded) to be recorded in Retained Earnings Balance to support the Company's business development.
In the third agenda item, the Meeting appointed Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners (a member firm of the PricewaterhouseCoopers global network) as the Company's external auditor with Public Accountant Mr. Lok Budianto, S.E., Ak., CPA, to audit the Company's Financial Statements for Fiscal Year ending on 31 December 2023 and an audit of other financial statements required by the Company.
The fourth item on the agenda is an accountability report on the realization of the use of proceeds from (1) Shelf Bonds II XL Axiata Tranche I Year 2022, (2) Shelf Sukuk Ijarah III Tranche I Year 2022, and (3) Capital Increase With Right Issue III of PT XL Axiata Tbk
The fifth agenda item of the Meeting grants power and authority to the Company's Board of Commissioners to determine the amount of salary, bonuses, and other benefits for members of the Company's Board of Directors. The meeting also granted power and authority to the Company's Nomination and Remuneration Committee to determine the amount of salary, bonuses, and other benefits for members of the Company's Board of Commissioners, by the structure and amount of remuneration based on the Company's remuneration policy for the financial year ending December 31, 2023.
Furthermore, through the sixth item on the agenda, the Meeting approved changes to the composition of the Board of Directors. This change is related to the replacement of the Director of Finance following Budi Pramantika's resignation. As his replacement is Feiruz Ikhwan, a professional who previously had a career in several companies under Axiata Group Bhd, including at XL Axiata. Before re-joining XL Axiata, Feiruz Ikhwan served as Chief Financial Officer and Acting CEO of Smart Axiata in Cambodia.
The following is the new composition of XL Axiata Board of Directors and effective since the Meeting closed:
President Director : Dian Siswarini
Director : Feiruz Ikhwan
Director : Abhijit Jayant Navalekar
Director : Yessie Dianty Yosetya
Director : David Arcelus Oses
Director : I Gede Darmayusa
Meanwhile, for the Board of Commissioners, there is no change. The following is the composition of the XL Axiata Board of Commissioners:
President Commissioner : Dr. Muhamad Chatib Basri
Commissioner : Vivek Sood
Commissioner : Dr. Hans Wijayasuriya
Commissioner : Dr. David Robert Dean
Independent Commissioner : Muliadi Rahardja
Independent Commissioner : Yasmin Stamboel Wirjawan
Independent Commissioner : Julianto Sidarto (mas)