Divident Information

Dividend Policy

In accordance with applicable regulations in Indonesia, including but not limited to laws governing Limited Liability Companies, and in accordance with the prevailing Dividend policy of PT Bank Yudha Bhakti, Tbk (the Company), paying dividends must be approved by the shareholders at the annual general meeting of shareholders (agm). Determining the amount and payment of dividends will conducted by considering several factors, including Company financial soundness, capital adequacy, Comapny funding needs for further business expansion, without prejudice to the rights of the annual general meeting of shareholders of the Company to determine otherwise in accordance with the provisions of the Articles of Association

The net income of the Company, net of allowance for reserves, is distributed to shareholders as dividends, unless otherwise determined by the GMS (General Meeting of Shareholders). Dividends referred to may only be distributed if the Company has a positive retained earnings. The amount of the dividend distribution is stipulated and approved by the GMS, the Company's management plans to distribute dividends when Company obtains surplus of cash from operational activities after the fund is excluded for a reserve fund, funding activities, planned capital expenditures and working capital. if necessary, periodically, the Company may not distribute dividends to shareholders when Company requires funds for business development or compliance with capital adequacy or acquisition of new business, but of course it must first get approval from the shareholders through the GMS.

All shares of the Company which have been fully paid and paid in the Company shall have equal rights in all respects, including the right to the distribution of dividends in accordance with the Articles of Association of the Company and the prevailing laws and regulations. The dividend payout must be approved by the shareholders in the Annual General Meeting of Shareholders based on the proposal of the Board of Directors of the Company. The Company plans to pay dividends to all shareholders at least once a year.

Notwithstanding the financial health of the Company and without prejudice to the right of the General Meeting of Shareholders of the Company to determine otherwise in accordance with the Company's Articles of Association, the management of the Company has a plan to propose dividends with a ratio of at least 10% (ten percent) of the Company's net profit beginning 2015.

The Company does not have any negative covenants which could be detrimental to the shareholders in connection with the restrictions of third parties in the distribution of dividends. In practice, the Company always comply with the prevailing provisions in the Republic of Indonesia, especially in the Capital Market.

Note:

Profit for Fiscal Year 2015: The Company distributes 15% Cash Dividend to all shareholders recorded in the Shareholder Register of the Company at the recording date, dated March 22, 2016.

Profit for Fiscal Year 2014: The Company distributes 10% Cash Dividend to all shareholders recorded in the Company's Register of Shareholders as of December 31, 2014

Profit for Fiscal Year 2013: The Company does not pay dividends to shareholders.

Profit for Fiscal Year 2012: The Company distributes 50% Dividends to all shareholders, including 20% ​​in Cash Dividend, and 30% in the form of Dividend (Stock Dividend).

Profit for Fiscal Year 2011: The Company distributes 70% Dividend (Stock Dividend) to all shareholders.

Profit for Fiscal Year 2010: The Company distributes 50% Dividends to all shareholders, including 30% in Cash Dividend, and 20% in the form of Dividend (Stock Dividend).

PT Bank Yudha Bhakti Tbk

Gedung GOZCO

Jl. Raya Pasar Minggu Kav 32 Pancoran Jakarta Selatan 12780

Telp. (021) 2975-2975, 2975-2999

Fax. (021) 2975-2918

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