Bank Danamon AGM Agrees To Distribute Dividends Of Rp550.6 Billion

JAKARTA - The Annual General Meeting of Shareholders (AGMS) of PT Bank Danamon Indonesia Tbk approved the payment of dividends for the 2021 fiscal year of 35 percent of the Company's Net Profit or Rp550.6 billion or Rp56.33 per share.

Danamon's President Director Yasushi Itagaki said, in 2021, Danamon managed to record positive profitability growth and was able to maintain strong fundamentals amidst the pandemic and economic challenges.

"The operational resilience and soundness of the Bank continues to show strong developments, providing stable services and support to customers. We continue to invest in Digital Infrastructure, Information Technology, Branding, and Teams for a stronger foundation," he said in his statement to VOI, Saturday. , March 26.

Yasushi added that the collaboration carried out by Danamon, Adira Finance, and MUFG is also the key to leveraging the strengths of each entity. According to him, as a group, they share the same aspiration to provide comprehensive financial solutions across business segments and chains, including the automotive industry and property developer ecosystems.

"We are committed to developing an organization that prioritizes the interests of all stakeholders," he added.

The company, he continued, will continue to strive to increase returns for shareholders by focusing on dividends in achieving an optimal balance between strong equity capital and strategic investments for growth.

In addition to approving dividend payments, the AGMS approved changes to the composition of the members of the Board of Commissioners and the Board of Directors. Kenichi Yamato was appointed as President Commissioner of the Company and Shuichi Yokoyama was appointed as Commissioner of the Company.

In addition, Hafid Hadeli and Thomas Sudarma were appointed as Deputy President Director and Director of the Company, respectively.

Thus, the composition of the new members of the Board of Commissioners and Board of Directors is as follows:

board of Commissioners

Kenichi Yamato as President CommissionerJ.B. Kristiadi Pudjosukanto as Vice President Commissioner (Independent) Nobuya Kawasaki as Commissioner Peter Benjamin Stok as Commissioner (Independent) Hedy Maria Helena Lapian as Commissioner (Independent) And Harsono as Commissioner Halim Alamsyah as Commissioner (Independent) Shuichi Yokoyama as Commissioner

*The appointment of Kenichi Yamato and Shuichi Yokoyama is effective as of the date of passing the Fit and Proper Test of the Financial Services Authority.

Directors

Yasushi Itagaki as President Director Honggo Widjojo Kangmasto as Deputy President Director Hafid Hadeli as Deputy President Director*Herry Hykmanto as Director Rita Mirasari as Director Heriyanto Agung Putra as Director Dadi Budiana as Director Muljono Tjandra as Director Naoki Mizoguchi as Director Thomas Sudarma as Director

*The appointment of Hafid Hadeli and Thomas Sudarma is effective as of the date of passing the Fit and Proper Test of the Financial Services Authority.