PT SUGIH ENERGY, TBK. had convened the extra ordinary general meeting of shareholders on January 21, 2016. At the meeting the company made changes to the Board of Commissioners and the Board of Directors of the company from the current structure of as Commissioner: H. Wally Abdulah Saleh; Indendepent Commissioner: Zaenal Asikin; President Director: Andhika Anindyaguna; Director: DR. Chia Hsin Wu; Director: Pedro Flames Omarrementeria; Director: Ferdinand Terdy into the new structure of as Commissioner: Ferederick ST Siahaan; Commissioner: Andhika Anindyaguna; Commissioner: Drs.

Mangatas Panjaitan, CA., M.Sc.; Indendepent Commissioner: Ir. Leo Nababan; President Director: Ir. Riyanto Soewarno; Director: H. Wally Abdulah Saleh.

The company approved the replacement of Mr. Andhika Anindyaguna from his position as President Director, and Mr. Wally Abdulah Saleh from his position as Commissioner, and Mr. Zaenal Asikin from his position as Independent Commissioner, and to grant full release and discharge (acquit et decharge) from all of their respective duties and responsibilities during their period as member of the Board of Commissioners and the Board of Directors. To appoint Mr. Ir. Riyanto Soewarno as President Director, Mr. Wally Abdulah Saleh as Director, Mr. Indra Wijaya as Director, Mr. Ferederick ST Siahaan as Commissioner, Mr. Andhika Anindyaguna as Commissioner, Mr. Drs.

Mangatas Panjaitan, CA., M.Sc., as Commissioner, and Mr. Ir. Leo Nababan as Independent Commissioner, for the period until the closing of the Annual General Meeting of Shareholders of the year of 2021, without prejudice to rights and authorization of the Annual General Meeting of Shareholders to terminate at any time.