Eagle High Plantations Strengthens Corporate Governance Through Extraordinary GMS

Strategic Decisions Approved by Shareholders

PT Eagle High Plantations Tbk (BWPT), an Indonesian plantation company, held its Extraordinary General Meeting of Shareholders (EGMS) on January 7, 2026, in Jakarta. The meeting resulted in several key decisions that will shape the company's strategic direction and strengthen its corporate governance framework.

Changes in Board Composition

The EGMS approved changes to the Board of Commissioners, with Abed Nego appointed as President Commissioner and Ahmad Nizam bin Hamid as Vice President Commissioner. The Board now includes Mohammad Prianto Madelar and Razuwan bin Che Rose as Commissioners, while Drs. Yohanes Wahyu Saronto, M.Si. and Erwin Soejono serve as Independent Commissioners. The Board of Directors remains unchanged, with Henderi Djunaidi continuing as President Director.

Enhanced Corporate Governance Framework

The meeting also approved amendments to the company's Articles of Association to comply with prevailing regulations and enhance business flexibility. Key changes include expanding the company's business activities to include holding company activities and management consultancy services, while maintaining its core business focus.

Shareholder Support and Strategic Implications

The decisions were supported by major shareholders including Rajawali Capital International (RCI) and FIC Properties Sdn. Bhd., Malaysia (FICP), who provided professional expertise to strengthen the company's governance and strategic direction. This support demonstrates confidence in EHP's management and its ability to navigate industry challenges while creating long-term value for stakeholders.

Future Outlook

With these strategic changes, Eagle High Plantations is well-positioned to enhance its competitive position in the plantation industry. The company remains committed to sustainable business practices and good corporate governance, which are expected to drive long-term success and stakeholder value.