AGII Holds Annual GMS with Focus on Creating Innovation Through Sustainable Transformation

By Press Release01 September 2020

Jakarta, 01 September 2020 – PT Aneka Gas Industri Tbk (“AGII” or “the Company”) (Bloomberg Code: AGII IJ) has held the Annual General Meeting of Shareholders (“AGMS” or “Meeting”) for the 2019 Financial Year on Friday, 28 August 2020, at the UGM Samator Pendidikan Building, Jakarta, with an attendance of 79,9395793% of the company's total shareholders, fulfilling the quorum as required by applicable laws and regulations. The meeting was held under the theme "Creating Innovation Through Sustainable Transformation", in reference to the theme of the company's 2019 Annual Report. The AGMS for the 2019 Financial Year is the fourth AGMS held by the company since its Initial Public Offering (IPO) on September 28, 2016, and was attended by all Directors and part of the Board of Commissioners, either physically or via video conference.

AGII President Director, Rachmat Harsono, said “During 2019, the Company has strengthened its position as an industrial gas company with the widest distribution network in Indonesia. As of 31 December 2019, PT Aneka Gas Industri Tbk operates a total of 44 factories and 104 filling stations located across 26 provinces in Indonesia. AGII was able to maintain its overall performance in 2019 with revenue increasing 6.3% to IDR 2.20 trillion in 2019 from IDR 2.07 trillion in 2018. Moving forward, management will continue to focus on our core competencies, develop human resources towards the 4.0 era, as well as continue to improve operational efficiencies in order to maintain the company's resilience against existing changes and ability to continue to grow properly and sustainably ”.

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