BTN to Hold Extraordinary General Meeting on Jan 7 to Discuss Management Changes

Key Agenda: Management Restructuring and Statutory Updates

PT Bank Tabungan Negara (Persero) Tbk (BBTN) is set to hold an Extraordinary General Meeting of Shareholders (RUPSLB) on January 7, 2026. The meeting, scheduled to take place at Menara BTN in Jakarta at 10:00 WIB, will address several critical matters including changes to the company's management structure affecting both the board of directors and commissioners.

Management Changes Proposed by State-Owned Enterprises Management Agency

The proposed management restructuring has been initiated by the State-Owned Enterprises Management Agency (Badan Pengelola BUMN), the holder of Seri A Dwiwarna shares. According to the company's announcement, the proposed changes will be submitted for shareholder approval during the RUPSLB. The exact details of the proposed new management structure have not been disclosed.

Regulatory Compliance and Corporate Governance Enhancements

In addition to management changes, the RUPSLB will discuss amendments to the company's articles of association to comply with the newly enacted State-Owned Enterprises Law (Undang-Undang BUMN) No. 16/2025. This adjustment is considered essential to align BTN's internal governance and regulations with the latest legal framework governing state-owned enterprises.

Enhanced Decision-Making Through Delegated Authority

Another significant agenda item is the delegation of authority for approving the 2026 Corporate Work Plan and Budget (RKAP). This move is expected to enhance corporate decision-making efficiency by streamlining the approval process for the company's operational and financial plans.

Meeting Logistics and Shareholder Eligibility

The RUPSLB will be conducted physically at Menara BTN, Jakarta, with electronic participation available through the eASY.KSEI application. Shareholders eligible to attend are those recorded in the shareholder register as of December 15, 2025. This meeting was initially scheduled for December 22, 2025, but was postponed to January 7, 2026, to accommodate additional agenda items including the management restructuring.