Clipan Finance Indonesia Tbk.

Brief of Company Background

PT Clipan Finance Indonesia Tbk (“the Company”) was first established under the name PT Clipan Leasing Corporation based on Deed No. 47 on January 15, 1982 made before Kartini Muljadi, S.H., Notary in Jakarta.

In the next milestone, precisely on May 17, 1990, the Company changed its name from PT Clipan Leasing Corporation to PT Clipan Finance Indonesia, which change refers to Deed No. 56 dated May 17, 1990 and has been authorized through the Decree of the Minister of Justice of the Republic of Indonesia No. C2.3418.HT.01.04.th 90 dated July 5, 1990.

In order to strengthen the Company's position in the national financing industry, on August 27, 1990 the Company officially conducted its initial public offering on the Jakarta Stock Exchange (BEJ), which is now called the Indonesia Stock Exchange (IDX). Due to this corporate action, the Company was listed as the first financing company to go public in Indonesia.

Along with the change in the Company's status to a public company, the Company again changed its name to PT Clipan Finance Indonesia Tbk, through the resolution of the Extraordinary General Meeting of Shareholders No. 147 dated August 30, 1996 in conjunction with the Deed of Amendment to the Resolution of the Extraordinary General Meeting of Shareholders No. 190 dated January 23, 1997, both of which were made before Singgih Susilo, SH, Notary in Jakarta.

As a finance company that has been operating for more than 4 (four) decades in the country, the Company has a strong passion and commitment to always maintain the reputation and positive image that has been established to date. In addition, the Company also continues to strengthen its capital structure so that it can always provide various innovative and superior products and/or services to debtors, such as: investment financing, working capital financing, multipurpose financing, and operating leases.

Shareholder List

Management