Provident Agro, PT (the Company) was established based on Deed of establishment No. 4 dated 2 November 2006 made before Darmawan Tjoa, S.H., S.E., notary in Jakarta.

The scope of Company activities is to engage in agriculture, trading, manufacturing, transportation and services in relation to agroindustry.

National Corporation

Based on the Deed of Statement of Resolution of the Company's Articles of Association Changes. 23 dated January 16th 2017, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in Jakarta, approved:: 1. The plan and / or action of the Company or the Company's Board of Directors to reduce capital basis, issued and paid-up capital which is done by decreasing the par value of shares from the original Rp 100 (full amount) per share to Rp 15 (full amount) per share. Decrease in authorized capital of the Company from the previous amount of Rp 1,000,000,000 with total shares of 10,000,000,000 shares, to Rp 150,000,000 with unchanged shares amounting to 10,000,000,000 shares stock. The decrease of issued and paid up capital amounted to Rp 711,954,036 with total shares of 7,119,540,356 shares to Rp 106,793,105 with unchanged shares amounting to 7,119,540,356 shares.
2. Distribution to shareholders entitled to the amount of capital difference of Rp 605,160,930, where every 1 share will get Rp 85 (full amount). PT Provident Agro Tbk Change of Company Name PT Provident Investasi Bersama Tbk effective Sep 13, 2022