BTN Postpones EGMS to January 2026, Adds Key Agenda Items

Changes in Meeting Schedule and Agenda

PT Bank Tabungan Negara (Persero) Tbk. (BTN), identified by stock code BBTN, has announced a postponement of its Extraordinary General Meeting of Shareholders (EGMS) from the original date of December 22, 2025 to January 7, 2026. The meeting, scheduled to take place at Menara BTN in Jakarta at 10:00 WIB, will now include additional agenda items that were not part of the original schedule.

Key Agenda Items

1. Amendments to Articles of Association: The primary agenda includes adjusting the company's Articles of Association to comply with the newly enacted Law No. 16/2025 concerning State-Owned Enterprises. This adjustment is mandatory as per the directive from the Ministry of SOEs through BP BUMN.
2. Delegation of Authority for RKAP 2026: The meeting will discuss and potentially approve the delegation of authority regarding the approval of the 2026 Work Plan and Budget (RKAP) to enhance decision-making efficiency.
3. Changes in Board Composition: Significant attention is given to the proposed changes in the company's management structure, including potential alterations to the board of directors and commissioners as proposed by BP BUMN, the holder of Series A Dwiwarna shares.

Shareholder Eligibility and Meeting Participation

Shareholders eligible to attend the EGMS are those registered in the shareholder list as of December 15, 2025. The meeting will allow both physical and electronic participation, following the procedures set by the company and KSEI.

Regulatory Compliance and Strategic Implications

This EGMS postponement and agenda expansion reflect BTN's efforts to comply with new regulatory requirements while addressing strategic business needs. The adjustments to the Articles of Association are particularly significant as they align with the recent legal developments affecting state-owned enterprises.