PT MANDOM Tbk (“the COMPANY”) Located in ANNOUNCEMENT OF SUMMARY OF MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

The Board of Directors of PT Mandom Indonesia Tbk (hereinater referred as “the Company”) hereby announces the Summary of Minutes of Annual General Meeting of Shareholders (hereinafter referred as “AGMS”) as follows:

A. AGMS was held on: Day/Date : Thursday/April 19, 2018 Time : 10.18 WIB – 11.22 WIB Venue : Ballroom B Hotel AYANA Midplaza Jl. Jend. Sudirman Kav. 10-11 10220

B.With the following agenda: 1. The Company’s Annual Report for Fiscal Year 2017: a. Approval of the Company’s Annual Report; b. Ratification of the Company’s Financial Report; c. Ratification of the Board of Commissioners’ supervisory report;

2. Appropriation of the Company’s Net Income for the Fiscal Year 2017;

3. Appointment of members of the Company’s Board of Directors and Board of Commissioners;

4. a. Determination of remuneration and allowances and/or other income for all members of the Board of Directors of the Company for fiscal year 2018; b. Determination of remuneration and allowances and/or other income for all members of the Board of Commissioners of the Company for fiscal year 2018;

5. Appointment of Public Accountant for financial year 2018;

6. Change of place of domicile of the Company. C. Members of Board of Directors and Board of Commissioners attended the AGMS

Board of Directors President Director/Chief Executive Officer (CEO): Tatsuya Arichi Vice President Director : Muhammad Makmun Arsyad Director/Senior Managing Director : Noboru Nonaka Director/Senior Managing Director : Koichi Watanabe Director/Senior Director : Chin Choon Keng Director/Senior Director : Masahiro Ueda Director : Sanyata Adi Saputra Director : Tiurma Rondang Sari Director : Effendi Tandi Director : Liandhajani Director : Masahiro Ozaki Director : Hiroshi Ito Director : Hiroo Masuda

Board of Commissoners President Commissioner : Tatsuyoshi Kitamura Commissioner : Motonobu Nishimura Commissioner : Lie Harjono Independent Commissioner : Dr. Bambang Rudyanto Independent Commissioner : DR. Marsetio Independent Commissioner : Herman Saleh

D.The AGMS was attended by 178,514,001 shares with valid voting rights or equal to 88.78% of shares with valid voting rights which have been issued by the Company.

E. In the AGMS, the Shareholders and their proxy/representative were given opportunity to raise questions and/or give opinion regarding the agenda of AGMS.

F. During AGMS there were no questions and/or opinion given.

G. Voting mechanism: The resolutions in the AGMS were conducted in amicable manner. In the event where no amicable decision is reached, voting system is implemented. H. Result of AGMS

Agenda Agree Against Abstain Agenda I 178,514,001 shares 0 share or 0% shares 0 share or 0% shares or 100% of shares with valid voting rights with valid voting rights with valid voting rights in the AGMS. in the AGMS. in the AGMS. Agenda II 178,514,001 shares 0 share or 0% shares 0 share or 0% shares or 100% of shares with valid voting rights with valid voting rights with valid voting rights in the AGMS. in the AGMS. in the AGMS. Agenda III 173,075,325 shares 0 share or 0% shares 5,438,676 shares or 96.95% of shares with valid voting rights or 3.05% shares with valid voting rights in the AGMS. with valid voting rights in the AGMS. in the AGMS. Agenda IV 178,514,001 shares 0 share or 0% shares 0 share or 0% shares or 100% of shares with valid voting rights with valid voting rights with valid voting rights in the AGMS. in the AGMS. in the AGMS. Agenda V 178,514,001 shares 0 share or 0% shares 0 share or 0% shares or 100% of shares with valid voting rights with valid voting rights with valid voting rights in the AGMS. in the AGMS. in the AGMS. Agenda VI 178,514,001 shares 0 share or 0% shares 0 share or 0% shares or 100% of shares with valid voting rights with valid voting rights with valid voting rights in the AGMS. in the AGMS. in the AGMS. I. The resolutions of AGMS are as follows:

First Agenda 1. approve the Company’s annual report for the 2017 fiscal year; 2. ratify the Company’s financial report of the 2017 fiscal year audited by Public Accountant Office Satrio Bing Eny & Rekan (member of Deloitte Touche Tohmatsu Limited), as stated in the Independent Auditor Report dated March 2, 2018 number GA118 0120 MI SK, with unqualified opinion; 3. ratify the supervisory report of the BOC for the 2017 fiscal year; and 4. acquitted and discharged (”acquit et décharge”) the BOD of the Company for the management and representative duties and responsibilities; and the BOC of the Company for the supervisory, approval and monitoring duties and responsibilities performed during the 2017 fiscal year, as long as these duties and responsibilities are reflected in the Company’s 2017 Annual Report.

Second Agenda Approve the appropriation of the Company’s net income for the 2017 fiscal year, amounting Rp 179 ,126 ,382 ,068 .00 with detail as follows :

1. a. Rp82,437,333,470.00 or Rp410.00 per share will be distributed as cash dividend of the 2017 fiscal year for the Company’s Shareholders; b. Authorized and gave power of attorney to the Company’s Board of Directors to make further arrangement of the dividend distribution, with respect to the regulations of Indonesia Stock Exchange; and 2. the remaining Rp96,689,048,598.00 will be recorded as retained earnings to finance the Company’s business activities. Third Agenda 1. a. approve on the re-appointment of: ⁻ Tatsuya Arichi as President Director/Chief Executive Officer (CEO); ⁻ Muhammad Makmun Arsyad as Vice President Director; ⁻ Noboru Nonaka as Director/Senior Managing Director; ⁻ Koichi Watanabe as Director/Senior Managing Director; ⁻ Masahiro Ueda as Director/Senior Managing Director; ⁻ Chin Choon Keng as Director/Senior Director; ⁻ Tiurma Rondang Sari as Director; ⁻ Effendi Tandi as Director; ⁻ Masahiro Ozaki as Director; ⁻ Hiroshi Ito as Director; ⁻ Hiroo Masuda as Director; ⁻ Motonobu Nishimura as Commissioner; ⁻ Lie Harjono as Commissioner; and ⁻ Herman Saleh as Independent Commissioner,

effective as of the closing of the Meeting, with office term until the closing of the Annual General Meeting of Shareholders of the Company 2 years after the Meeting , namely for financial year 2019 , which will be conducted by latest June 2020 ;

b. approve on the appointment of Liandhajani as Director and Sanyata Adi Saputra as Independent Director, effective as of the closing of the Meeting, with office term until the closing of the Annual General Meeting of Shareholders of the Company 2 years after the Meeting , namely for financial year 2019, which will be conducted by latest June 2020;

c. approve on the appointment of Shinichiro Koshiba as President Commissioner and Tesong Kim as Independent Commissioner, effective as of the closing of the Meeting, with office term until the closing of the Annual General Meeting of Shareholders of the Company 2 years after the Meeting , namely for financial year 2019, which will be conducted by latest June 2020.

Therefore the composition of Board of Directors and Board of Commissioners of the Company effective as of the closing of the Meeting, with office term until the closing of the Annual General Meeting of Shareholders of the Company 2 years after the Meeting, namely for financial year 2019, which will be conducted by latest June 2020, without prejudicing the right of the General Meeting of Shareholders to terminate him/her (them) at any time, is as follows: Board of Directors President Director/Chief Executive Officer (CEO): Tatsuya Arichi Vice President Director : Muhammad Makmun Arsyad Director/Senior Managing Director : Noboru Nonaka Director/Senior Managing Director : Koichi Watanabe Director/Senior Managing Director : Masahiro Ueda Director/Senior Director : Chin Choon Keng Independent Director : Sanyata Adi Saputra Director : Tiurma Rondang Sari Director : Effendi Tandi Director : Liandhajani Director : Masahiro Ozaki Director : Hiroshi Ito Director : Hiroo Masuda

Board of Commissioners President Commissioner : Shinichiro Koshiba Commissioner : Motonobu Nishimura Commissioner : Lie Harjono Independent Commissioner : Herman Saleh Independent Commissioner : Tesong Kim; and

2. authorize the Board of Directors of the Company to sign required Notary Deeds; to access the Legal Entities Administration System’ to notify the changes to the Minister of Law and Human Rights of the Republic of Indonesia in order to obtain the acceptance letter of the announcement of the changes of the Company’s data (SPP-PDP) as stated in the Article 94 clause (7) and Article 111 clause (7) of Company Law. Fourth Agenda 1. authorize the Board of Commissioners of the Company to determine the maximum amount of remuneration and allowances and/or other income for all members of the Board of Directors of the Company for the 2018 fiscal year; and 2. a. determine the number of remuneration and allowances and/or other income for all members of the Board of Commissioners of the Company for the 2018 fiscal year with maximum amount of Rp6,000,000,000.00 after tax; and b. authorize the Board of Commissioners of the Company to determine the maximum amount of the remuneration and allowances and/or other income for all members of the Board of Commissioners of the Company.

Fifth Agenda Authorize the Board of Commissioners of the Company to appoint Public Accountant and Public Accountant Office based on the requirements as stated in POJK Number 13 who will perform audit on the Company’s financial report of financial year 2018, determine the honorarium, and other conditions required for the appointment of the said Public Accountant and Public Accountant Office, as well as determine requirements and conditions should there is change in the name of the said Public Accountant Office based on the applied regulations or other reasons beyond the Company’s authority.

Sixth Agenda 1. approve the amendment of Article 1 clause 1 of the Company’s Article of Association, thus changed as below:

Name and Place of Domicile Article 1 This Limited Liability Company shall bear the name: “PT Mandom Indonesia Tbk” (hereinafter referred to as “Company”), domiciled and having its head office address at .

2. authorize the Board of Directors of the Company to sign required Notary Deeds; to access the Legal Entities Administration System; submit proposal of specific amendment of Article of Association to the Minister of Law and Human Rights of the Republic of Indonesia in order to obtain the acceptance letter of the amendment of Article of Association (SP-PAD) as stated in the Article 17 clause (1) of Company Law and perform other necessary actions related to the resolution of the Meeting. RULES AND REGULATIONS OF CASH DIVIDEND ARE AS FOLLOWS:

1. Those entitled to receive cash dividend are Shareholders whose names are listed in the Company’s Shareholders Register as of May 2, 2018 and/or Company’s Shareholders on Sub Security Account in PT Kustodian Sentral Efek Indonesia (KSEI) on the closing of trading of May 2, 2018.

2. Share trading in the Indonesia Stock Exchange will commence until: April 26, 2018 Cum Dividen (Regular and Negotiation Market) April 27, 2018 Ex Dividen (Regular and Negotiation Market) May 2, 2018 Cum Dividen (Cash Market) May 3, 2018 Ex Dividen (Cash Market)

3. Dividend will be paid starting May 22, 2018.

4. For Shareholders whose shares are deposited in KSEI collective shares, cash dividend payment will be conducted through KSEI and will be distributed to the account in Security Companies and or Custodian Bank on May 22, 2018. Payment proof of the cash dividend will be distributed by KSEI to the Shareholders through Security Companies or Custodian Bank where the Shareholders originally open their security accounts.

5. For Shareholders whose shares are not deposited in KSEI’s collective deposit, cash dividend will be distributed only via bank transfer to the Shareholders’ bank account. Therefore, Shareholders are required to inform their Name, Bank Address and Account Number through written statement signed upon appropriate duty stamp by latest May 2, 2018 at 16:00 WIB addressed to the Company’s Share Registrar (”BAE”), PT Sirca Datapro Perdana, Jalan Johar No.18, Menteng, Jakarta 10340, Telephone (O21) 3900645 without any administration charges. Should Shareholders do not have bank account, please contact the Company’s BAE as mentioned above for the payment process. 6. The cash dividend will be subject to taxation in accordance with the prevailing regulations in the Republic of Indonesia.

7. For Shareholders who are Resident Taxpayer in form of Legal Entity who have not submitted their Taxpayer Identification Number (”NPWP”), are requested to submit their NPWP. Without the NPWP submission, cash dividend paid will be subject to 30% Income Tax.

8. For Shareholders who are Non-Resident Taxpayer whose country own Tax Treaty of Double Taxation Avoidance (P3B) Agreement with Republic of Indonesia and tax deduction will be based on tariff as stated in the P3B Agreement, are required to fulfil requirement as regulated in Regulation of Director General of Tax Number PER- 10/PJ/2017 dated June 19, 2017 (”PER-10”) on Procedures of P3B Implementation, namely submit document of DGT-1/DGT-2 Form by filling in complete form based on prevailing regulation (including validation of DGT-1/DGT-2 form by legitimate Tax Officer in the P3B partner country by signing or providing legal stamp equal with the prevalence in the P3B partner country) by latest May 2, 2018 at 16 :00 WIB to Share Registrar for Shareholders whose shares are still in the form of script shares or to KSEI for Shareholders whose shares are registered in Collective Deposit, noted that Foreign Shareholders whose shares are registered in Collective Deposit of KSEI must abide to the prevailing rules and regulations required by the Circular Letter No. SE-0001/DIR- EKS/KSEI/0315 dated March 25, 2015. Should the documents failed to meet the time limit as stated by KSEI, payment of cash dividend to the Non-Resident Taxpayer will be subject to Income Tax Article 26 with highest tariff of 20%. Note: Should the DGT-1/DGT-2 form page 1 part III is not signed or legalized by legitimate Tax Officer in the P3B partner country or no legalization as equal with the prevalence in the P3B partner country, the legal stamp may be substituted by providing Certificate of Residence (COR)/Certificate of Domicile (COD) which: a. Using English and provide information on the Non-Resident Taxpayer’ b. Stated the issue date; and c. Stated the prevailing tax year. Should the DGT-1/DGT-2 form page 1 part III has been legalized and the validity period has not been passed, yet still using the old form (made before issue date of PER-10), thus the DGT-1/DGT-2 form page 1 may be used, however the DGT-1 new form (based on PER-10) page 2 and 3 and DGT-2 new form page 2, must be filled in completely and correctly. 9. For Shareholders whose shares are registered in the Collective Deposit of KSEI, tax receipt of the cash dividend can be obtained in the Security Companies or Custodian Banks where Shareholders originally open their security accounts and as for Shareholders whose shares are still in the form of script shares, tax receipt will be sent to their address.

This announcement is hereby made to the attention of all Shareholders.

Bekasi, April 23, 2018 PT MANDOM INDONESIA Tbk Board of Directors