Resolution Information
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Approved By | President Director |
| Classification | Controlled Document – Confidential |
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Effective Date | 13 June 2026 |
| Review Date | 13 June 2027 |
| Resolution No. | SBU-SHR-001/VI/2026 |
| Date | 08 June 2026 |
| Company | PT Sapta Borneo Utama |
| Document Type | Shareholder Resolution |
| Purpose | Website, Data Room, Lender, Investor, Banking and Institutional Use |
| Document Status | Approved & Active |
| Supersedes | None |
| Publication Status | Institutional Data Room Release |
Shareholder Approval
The shareholders of PT Sapta Borneo Utama hereby approve the use, publication and submission of the Company's lender-ready documents for corporate, banking, investor, lender, EPC, ESG and institutional due diligence purposes.
Shareholders and Governance Roles
| Name | Shareholding / Role | Capacity |
|---|---|---|
| Sapta Riswandy | 85% | Shareholder / President Director |
| David Lokatili | 10% | Shareholder / Commissioner |
| Neneng Siti Maryam | 5% | Shareholder / Commissioner |
Resolved Matters
- To approve the Company Profile of PT Sapta Borneo Utama.
- To approve the Corporate Registration summary.
- To approve the Board Resolution and supporting governance documents.
- To approve the project, financial, ESG and presentation documents for lender due diligence purposes.
- To authorize publication on the Company's official website and private data room.
- To authorize submission to lenders, investors, banks, EPC contractors, consultants, government stakeholders and institutional counterparties.
- To authorize Sapta Riswandy as President Director to sign and execute documents related to the foregoing matters.
- To authorize management to update formatting, website presentation and non-material administrative details without changing the substance of the approved documents.
Authorized Signatories
| Name | Position | Authority |
|---|---|---|
| Sapta Riswandy | President Director / Shareholder | Authorized to approve, sign, publish and use the documents for corporate and institutional purposes. |
| David Lokatili | Commissioner / Shareholder | Authorized to acknowledge and provide governance oversight. |
| Neneng Siti Maryam | Commissioner / Shareholder | Authorized to review, countersign and provide governance oversight. |
Certification
This Shareholder Resolution is issued for corporate documentation, lender due diligence, investor data room, banking documentation, ESG documentation, website publication and institutional review purposes.
AUTHORIZED SIGNATORIES
For and on behalf of PT SAPTA BORNEO UTAMA
PRESIDENT DIRECTOR
SAPTA RISWANDY
President Director
COMMISSIONER
NENENG SITI MARYAM
Commissioner
COMMISSIONER
DAVID LOKATILI
Commissioner
Document Information
| Controlled Copy | Electronic Controlled Copy |
|---|---|
| Custodian | Corporate Secretary & Data Room Administrator |
| Retention Period | Minimum 10 Years |
| Distribution | Authorized Parties Only |
| Document Owner | PT Sapta Borneo Utama |
| Document Title | Shareholder Resolution |
| Document No. | SBU-CORP-004 |
| Document Controller | Corporate Secretariat |
| Project | USD 1 Billion Integrated Sugar Factory Project |
| Location | Majalengka, West Java, Indonesia |
| Document Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.2 | June 2026 | SBU-CORP-004 | Final / Published | Shareholder Resolution updated for institutional lender data room publication. |
Document Approval Matrix
| Role | Name | Status |
|---|---|---|
| Document Owner | Project Finance Division | Approved |
| Compliance Review | Corporate Secretariat | Approved |
| Executive Approval | Board of Directors | Approved |