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Announcement of The Cancellation

ANNOUNCEMENT OF THE CANCELLATION

ANNUAL GENERAL MEETING OF SHAREHOLDERS &

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

PT PELITA SAMUDERA SHIPPING Tbk

 

We refer to the Government’s call for prevention of the spread of Covid-19, Financial Services Authority Letter (“OJK”) No. S-88 / D.04 / 2020 dated March 16, 2020 concerning the Handling and Control of Covid-19 Distribution in the Capital Market Industry, and OJK Letter No. S-92 / D.04 / 2020 dated 18 March 2020 concerning Relaxation of Obligation to Submit Reports and to Conduct General Meeting of Shareholders. The Company Directors hereby announces that the Annual General Meeting of Shareholders (“Annual Meeting”) and the Extraordinary General Meeting of Shareholders (“Extraordinary Meeting”) which was originally scheduled for Tuesday, April 28, 2020 is canceled, and the time of holding will be determined later in accordance with applicable laws.

In connection with this cancellation, the announcement of the Annual Meeting and Extraordinary Meeting advertised on Bisnis Indonesia newspaper, the Company’s website at www.ptpss.co.id on Friday, 20 March 2020, declared invalid.

Thus we submit this notification to the Shareholders of the Company to be understood.

Jakarta, 6 April 2020

PT PELITA SAMUDERA SHIPPING TBK

The Directors