SIG Shareholders Approve Key Changes in Extraordinary Meeting

Enhanced Operational Flexibility and Regulatory Compliance

PT Semen Indonesia Tbk (SMGR), known as SIG, held an Extraordinary General Meeting of Shareholders (EGMS) on December 22, 2025, in Jakarta. The meeting addressed two primary agenda items: approval of changes to the company's Articles of Association and delegation of authority to approve the 2026 Work Plan and Budget (RKAP), including any potential amendments.

Key Decisions and Implications

1. Changes to Articles of Association: Shareholders approved amendments to the company's Articles of Association. This move is part of SIG's efforts to align its corporate governance with prevailing laws and regulations. The updated Articles of Association will provide a more robust framework for the company's operations and strategic decisions.
2. Delegation of RKAP Approval: The EGMS delegated authority to approve the 2026 RKAP to the company's management. This delegation is expected to enhance operational flexibility, allowing SIG to respond more swiftly to market changes and business opportunities while maintaining strategic planning capabilities.

Strategic Significance

These decisions demonstrate SIG's commitment to maintaining good corporate governance and regulatory compliance. By updating its Articles of Association, the company ensures alignment with the evolving legal landscape. The delegation of RKAP approval authority reflects a strategic approach to balance operational agility with shareholder oversight.

Market Impact

The changes are likely to have a positive impact on SIG's operational efficiency and strategic planning. Enhanced flexibility in budget management will enable the company to respond effectively to market dynamics while maintaining focus on long-term growth objectives. Stakeholders will be monitoring the implementation of these changes and their impact on the company's performance in the coming year.