Based on the approval letter by the Minister of Law and Human Rights of Republic of Indonesia No. AHU-0016595.AH.01.02.TAHUN 2017 dated October 11, 2017, PT Bumi Kencana Eka Sejahtera, Company’s direct subsidiary with ownership more than 99%, has decreased its issued and paid up capital from Rp 679,875,000,000 consisting of 679,875 shares to Rp 666,875,000,000 consisting of 666,875 shares, by withdrawing 13,000 shares with value of Rp 13,000,000,000. Shareholding structure of PT Bumi Kencana Eka Sejahtera after the above-mentioned capital decrease consists of the Company as the owner of 666,874 shares with nominal value of Rp 666,874,000,000 and PT Sinar Mas Cakrawala as the owner of 1 share with nominal value of Rp 1,000,000.