BRIEF HISTORY OF THE COMPANY

The Company was established under the name of PT Adira Multi Finance pursuant to the Deed of Establishment No. 131 on 13 November 1990, drawn up before Misahardi Wilamarta, S.H., a Notary in Jakarta, and has been approved by the Minister of Law of the Republic of Indonesia based on its decree No. C2-19.HT.01.01.TH.91 on 8 January 1991, and registered in the register for that purpose which is in the Registrar’s Office of the South Jakarta District Court No. 34/Not.1991/PN.JKT.SEL on 14 January 1991, as well as published in the Supplement No. 421 State Gazette of the Republic of Indonesia No. 12 on 8 February 1991.

Regarding to the Initial Public Offering for the Shares of the Company in 2004, the Articles of Association has been amended completely as stated in the Deed of Statement from all Shareholders of PT Adira Dinamika Multi Finance No. 13 on 26 January 2004, drawn up before Fathiah Helmi, SH., a Notary in Jakarta, which has been approved by the Minister of Law and Human Rights of the Republic of Indonesia in its decree No. C-02207 HT 01.04 TH 2004, on 29 January 2004, And has been reported to the same Ministry as evidenced in the Letter of Acceptance for the Report on the Amendment Deed of Articles of Association of PT Adira Dinamika Multi Finance Tbk No. C-02208 HT 01.04 TH 2004, on 29 January 2004, as well as registered to the Company Register on 6 February 6 2004 at the Agency of Industry and Trade of South Jakarta as the Company Registry Office of Region Level II with the Registration Agenda No. 112 RUB.09.03/II/2004 and No. TDP 09.03.1.66.10384, and published in the Supplement No. 1990 State Gazette of the Republic of Indonesia No. 16 dated on 24 February 2004.

In relation to the Public Offering for the Shares of the Company in 2004, the Company has obtained an effective statement from the Chairman of Bapepam through a Letter No. S-657/PM/2004, on 23 March 2004. To conduct the Public Offering of 100,000,000 (one hundred million) shares with a nominal value of IDR 100 (one hundred Rupiah) per share, which represents shares owned by the shareholders of the Company at that time (divestment shares). On 31 March 2004, all company’s shares have been listed on the Stock Exchange (formerly Jakarta Stock Exchange and Surabaya Stock Exchange).

The Articles of Association amended several times where the last change as stated in the Deed of Meeting Resolution at PT Adira Dinamika Multi Finance Tbk No. 19 dated on 21 May 2015 drawn up before Pahala Sutrisno Amijoyo Tampubolon, SH, a notary in Jakarta, and: (i) has obtained the approval from the Minister of Law and Human Rights of the Republic of Indonesia based on Decree No. AHU-0935663.AH.01.02.Tahun 2015 dated 22 May 2015; (ii) has been notified to the Minister of Law and Human Rights of the Republic of Indonesia as evidenced in the Letter of Acceptance for the Notification of Amendment to Articles of Association of PT Adira Dinamika Multi Finance Tbk No. AHU-AH.01.03-0933929 dated 22 May 2015; (iii) has been notified to the Minister of Law and Human Rights of the Republic of Indonesia as evidenced in the Letter of Acceptance for the Notification of Company Data Changes at PT Adira Dinamika Multi Finance Tbk No. AHU-AH.01.03-0933930 dated 22 May 2015; (iv) has been registered in the Company Register No. No. AHU-AH.01.03-0933930 dated 22 May 2015 by the Minister of Law and Human Rights of the Republic of Indonesia (hereinafter referred to as “Deed No. 19/2015”), pursuant to the Annual General Meeting of Shareholders held on 21 May 2015, has approved the following:

1. Amendment to several articles in the Articles of Association of the Company, in order to comply with the Regulation of the Financial Service Authority and shall be effective since the issuance of the approval on the amendment of the Articles of Association and since the issuance of the notification acceptance letter on the amendment of Articles of Association from the Minister of Law and Human Rights of the Republic of Indonesia as stated in the Article 23 paragraph (1) and paragraph (2) of Law of Limited Liability Company, namely: Article 3, Article 11 paragraph 5, Article 12 paragraph 9, Article 13 paragraph 11, Article 14 paragraph 6, Article Article 15 paragraph 4, Article 15 paragraph 7, Article 15 paragraph 9, Article 16 paragraph 11, Article 17 paragraph 3 letter a, Article 21, Article 22, Article 23, Article 24, Padal 25 paragraph 2, Article 25 paragraph 5, Article 27 paragraph 6, Article 28 paragraph 1, Article 29 paragraph 7, dan Article 29 paragraph 8.

2. Restate all articles in the Articles of Association which are not amended.

The Company is domiciled in South Jakarta with its Head Office is located in The Landmark I Building, 26th-31st Floor, Jl. Jenderal Sudirman No. 1, Jakarta 12910.

As of 31 May 2016, the Company have 201 branches, 279 representative offices and 64 kioks throughout the Republic of Indonesia