Business Activities According to The Article Association and Business Activities Conducted BRI’s business activities were in accordance with the latest Deed Number 4 dated October 6, 2021 which was made before Fathiah Helmi, SH Notary in Jakarta and received Acceptance of Notice of Amendment to the Articles of Association from the Indonesian Minister of Law and Human Rights Number AHU-AH.01.03-0457763 October 7, 2021 BRI as follows: The purpose and objective of the Company is to engage in the banking activity and optimizing the utilization of the Company’s resources to deliver excellent services and strong competitiveness in order to gain/obtain profitability so as to increase the BRI values with due observance to the principles of Limited Liability Company. In order to achieve the above purpose and objective, BRI may undertake the following main business: Business Activities a. Collect funds from the public in the form of current accounts deposits, term deposit, certificates of deposit, savings and/or other equivalent forms. b. Providing loans. c. Issuing a debt acknowledgment letter. d. Buying, selling, or guaranteeing at their own risk or for the benefit and at the behest of their customers; 1) Bills of exchange including drafts and acceptance by the bank which validity periods are no more than the customary in the trade of the intended bills; 2) Promissory note and other commercial papers which validity periods are no more than the customary in the trade of the intended bills; 3) State treasury papers and government guarantee instruments; 4) Bank Indonesia Certificates; 5) Bond; 6) Term commercial papers in accordance with the laws and legislations; and 7) Other securities in accordance with the laws and legislations e. Money transfer for self- interest or customers’ interest. f. Investing funds to, borrowing fund from, or lending fund to other bank(s), both by means of letters, telecommunication facilities, or a sight draft, check, or other means. g. Receiving payment from the collection of commercial papers and make calculation with or between the third party. h. Providing place to store securities and valuable items. i. Providing custodial service for the interest of other parties under contract. j. Investing funds of one customer to another customer in the form of securities not listed on the Stock Exchange. k. Purchasing through auction or in other ways the collateral either in whole or in part in the event that the debtor does not fulfill his obligations to the Company as a Bank, provided that the purchased collateral being can be liquidated immediately. l. Implementing factoring, credit card business, and trustee activities. m. Financing and/or performing other activities based on Sharia Principles, in accordance with the provisions stipulated by the authorities. n. Activities in foreign exchange by fulfilling provisions stipulated by the authorized. o. Conduct capital participation in bank or other company in the financial sector, such as leasing, venture capital, securities companies, insurance, and institutions clearing settlement and storage, with fulfill the conditions stipulated by authorized. p. Conduct temporary capital participation activities for overcome the consequences of loan failure or financing failure based on Sharia Principles provided that the participation musct be withdrawn, subject to the provisions of the competent authority. q. Acting as founder of a pension fund and pension fund administrators according to the provisions of the legislation. r. Carrying out other activities commonly performed by banks provided that such activities complies with laws and regulations.undangan. Apart from the main business activities stated above, BRI can carry out supporting business activities in order to optimize the utilization of its resources to foster the main business activities with due observance to the prevailing laws and regulations. All business activities according to the Articles of Association have been carried out by BRI. PT Bank Rakyat Indonesia (Persero) Tbk. 2023 Annual Report 89 Company Profile
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