PT ADARO ENERGY INDONESIA TBK Jakarta, April 18, 2016
Explanation:
Approval of the Annual Report and the ratification of the Company's Consolidated Financial Statements ended December 31, 2015, which has been audited by Public Accountant Firm Tanudiredja, Wibisana, Rintis dan Rekan (Member of PricewaterhouseCoopers Global Network) signed on February 29, 2016.
Explanation:
Approval of the use of the Company's net profit for fiscal year 2015 for reserve allowance, final dividend payment, and retained earnings.
Explanation:
Approval of dismissal and reappointment of the Company's Board of Directors for the period from the closing of the Meeting until the closing of the Company's Annual General Meeting of Shareholders in 2021.
Below are brief resumes of proposed candidates for Board of Directors members to be reelected:Education:
1988 - BBA, University of Southern California, USA 1989 - MBA, Northrop University, USA
Experience/Career:
After graduating, he bought a small stake in PT Allied Indocoal in a joint venture with an Australian firm, and developed an extensive network that helped him create a new business opportunities. In 1997, he formed motorcycle financing company PT Wahana Ottomitra Multiartha (WOM Finance). He led it to a US$150 million valuation and took it public in 2004.
In 2005, he joined with Edwin Soeryadjaya, Theodore Rachmat, Ir. Subianto and Sandiaga Uno and acquired PT Adaro Indonesia, and took it public in 2008.
He is also President Commissioner of PT Alam Tri Abadi, PT Adaro Indonesia, PT Semesta Centramas, PT Laskar Semesta Alam, PT Paramitha Cipta Sarana, PT Adaro Power, PT Mustika Indah Permai, PT Bukit Enim Energi, PT Bhakti Energi Persada, PT Adaro Persada Mandiri, PT Rehabilitasi lingkungan Indonesia, and PT Agri Multi Lestari. He is on the Supervisory Board of the Adaro Bangun Negeri Foundation.
He is also President Director of PT Adaro Strategic Investments, PT Adaro Strategic Lestari, PT Adaro Strategic Capital, PT Viscaya Investments, PT Biscayne Investments, PT Dianlia Setyamukti, PT Surya Esa Perkasa Tbk and PT Trinugraha Thohir.
Christian A. Rachmat, 42, Indonesian CitizenEducation:
1995 - Bachelor of Industrial Engineering, Northwestern University, USA
Experience/Career:
Before joined Adaro in 2005, he have had more than 10 years of working experience in various companies including Business Analyst at A.T. Kearney in 1995-1996, as well as Operations Researcher and Supply Chain Manager at PT Toyota Astra Motors in 1996-1998.
After a spell at Toyota, then at his family's Triputa Group, he brought his experience to PT Adaro Energy Tbk in 2005. He is President Commissioner of PT Saptaindra Sejati, PT Adaro Logistics, PT Jasapower Indonesia, PT Adaro Eksplorasi Indonesia, PT Adaro Mining Technologies, PT Indonesia Bulk Terminal, PT Puradika Bongkar Muat Mandiri, and a commissioner of PT Adaro Indonesia, PT Alam Tri Abadi, PT Mustika Indah Permai, PT Maruwai Coal, PT Kalteng Coal, PT Sumber Barito Coal, PT Juloi Coal, PT Lahai Coal, PT Ratah Coal, PT Pari Coal, PT Bhakti Energi Persada, PT Paramitha Cipta Sarana, PT Semesta Centramas, PT Laskar Semesta Alam, PT Maritim Barito Perkasa, PT Harapan Bahtera Internusa, PT Adaro Power, PT Adaro Persada Mandiri, PT Rehabilitasi Lingkungan Indonesia, and PT Agri Multi Lestari.
He is also Director of PT Adaro Strategic Investments, PT Adaro Strategic Lestari, PT Adaro Strategic Capital, PT Viscaya Investments, PT Biscayne Investments, PT Dianlia Setyamukti, dan Orchard Maritime Logistics.
David Tendian, 49, Indonesian CitizenEducation:
1989 - Bachelor in Economics and Marketing, University of Illinois, USA
1991 - MBA, University of Illinois, USA
Experience/Career:
He worked in several international banks and private equity firms in North America, including Sakura Bank, Standard Chartered Bank, Chase Manhattan Bank, PricewaterhouseCoopers and Citibank. After more than a decade, he returned to Indonesia and worked with a bank and a number of coal companies before joining PT Adaro Indonesia in 2006.
He is Director of PT Adaro Indonesia, PT Alam Tri Abadi, PT Viscaya Investments, PT Biscayne Investments and Orchard Maritime Limited.
He is also Commissioner of PT Bhakti Energi Persada, PT Paramitha Cipta Sarana, PT Semesta Centramas, PT Laskar Semesta Alam, PT Saptaindra Sejati, PT Jasapower Indonesia, PT Adaro Eksplorasi Indonesia, PT Adaro Mining Technologies, PT Adaro Logistics, PT Indonesia Bulk Terminal, PT Puradika Bongkar Muat Mandiri, PT Adaro Power, PT Adaro Persada Mandiri, PT Rehabilitasi Lingkungan Indonesia and PT Agri Multi Lestari.
Education:
1984 - Civil Engineering, University of Windsor, Canada
Experience/Career:
After a project in Penang, Malaysia, he ran a contract mining company in East Kalimantan then joined PT Adaro Indonesia in 1991 as operations manager for its South Kalimantan mine. PT Adaro Indonesia rewarded his success with a period of study at prestigious European business school INSEAD in 1998. He has more than 28 years of experience in civil construction and open-cut mining in Southeast Asia, and more than 20 years with PT Adaro Indonesia.
He is President Director of PT Adaro Indonesia, PT Alam Tri Abadi, PT Jasapower Indonesia, PT Adaro Mining Technologies, and PT Mustika Indah Permai, and also a Director of PT Bhakti Energi Persada, PT Viscaya
PT Adaro Energy Tbk issued this content on 24 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 March 2016 16:05:20 UTC
Original Document: http://www.adaro.com/publication/view/agms-2016-material
