PT Bank Danamon Indonesia Tbk (“Company”) held its Extraordinary General Meeting of Shareholders (”EGMS”) today and approved changes to the Board of Commissioners, the Board of Directors, and in the Company’s Articles of Association.

PT Bank Danamon Indonesia Tbk (“Bank Danamon”) has been advised by the Financial Services Authority (OJK) that it has granted approval for the merger between Bank Danamon and PT Bank Nusantara Parahyangan Tbk (BNP) with Bank Danamon as the Surviving Bank.

Jakarta, 22 March 2019 – PT Bank Danamon Indonesia Tbk (“Bank Danamon”) and   PT Bank Nusantara Parahyangan Tbk (“Bank BNP”), a member of Mitsubishi UFJ Financial Group, Inc. (“MUFG”) have publicly announced the Additional Information on and/or Amendment to the Abridged Merger Plan today.

Dividend Payout Ratio at 35% of 2020 NPAT or IDR 145.87 per Share;