2020 EMPLOYEE STOCK OPTION PROGRAM/ESOP In 2020. BRI implemented the distribution of the Employee Stock Allocation (ESA) share ownership program with a total of 231.111.000 shares. consisting of ESA Phase 1 of 4.396.700 shares and ESA Phase 2 of 226.714.300 shares. 2020 BUYBACK In 2020. BRI exercised a share buyback as a response to OJK’s policy in reducing market conditions that significantly fluctuate due to the COVID-19 pandemic. The share buyback was carried out in stages over the period of 13 March 2020 to 12 June 2020. As of 12 June 2020. BRI had bought 16.400.000 shares (par value of IDR50 - in full Rupiah - per share) at an acquisition price of IDR47.254.000.000 with an average buying price of IDR2.881.34. Currently. the remaining treasury stock was 750.463.500 shares. 2021 RIGHT ISSUE On September 13. 2021 – September 22. 2021. PT Bank Rakyat Indonesia (Persero) Tbk. conducted Rights Issue or Capital Increase with Pre-emptive Rights (“PMHMETD”) I in the context of forming Ultra Micro Holding consisting of PT Pegadaian (Persero) and PT Permodalan Nasional Madani (PNM) Persero. BRI offered a maximum of 28.213.191.604 new Series B shares with a par 0 value of 50 IDR per share or a maximum of 18.62% of BRI’s issued and fully paid capital after PMHMETD I. Each previous holder of 1.000.000.000 BRI shares whose names were registered in the DPS On September 9. 2021. BRI was entitled to 230.128.553 (HMETD) in which 1 (one) Preemptive Rights had the right to purchase 1 New Share at an Exercise Price of 3.400- IDR (three thousand four hundred Rupiah) per share. The total funds and inbreng results received by BRI in PMHMETD I reached to IDR95.924.851.453.600. of which IDR54.770.595.614.000 came from the Government of the Republic of Indonesia in the form of inbreng (non-cash). and IDR41.154.255.839.600 from the public (cash). BRI’s outstanding shares increased by 28.213.191.604 from 123.345.810.000 to 151.559.001.604 with a TERP of IDR3.810. BRI Chronology of Issuance/Listing of Shares Year Corporate Action Nominal Offer Price (IDR) Number of Shares Issued 2003 Initial Public Offering 500 875 3,811,765,000 2004 Exercise MSOP 500 - 85,385,500 2005 Exercise MSOP 500 - 185,610,000 2006 Exercise MSOP 500 - 250,721,000 2007 Exercise MSOP 500 - 31,379,000 2008 Exercise MSOP 500 - 7,499,000 2009 Exercise MSOP 500 1,750 4,553,000 2010 Exercise MSOP 500 - 4,728,500 2011 Stock Split 1:2 on January 11. 2011 250 - - 2015 Stock Buy-Back of 221.718.000 shares 250 - - 2016 250 - - 2017 Stock Split 1:5 on 10 November 2017 50 - - 2019 Exercise ESOP 143.415.500 50 2,240 - 2020 Exercise ESA 231.111.000 50 - - 2020 Stock Buy-Back of 16.400.000 shares 50 - - 2021 Right Issue 50 3,400 28,213,191,604 Transfer of Shares Owned by the Government to LPI 50 - - 2022 Stock Buy-Back of 479.454.100 shares 50 - - Information: - MSOP. ESOP and ESA do not have an offering price because the Company directly provides shares to entitled Workers in accordance with calculations. methods and assumptions from competent third party reports. - Stock Buy-Back does not have an offer price because the Company directly buys shares through a market mechanism. PT Bank Rakyat Indonesia (Persero) Tbk. 2023 Annual Report 158
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