Annual General Meeting of Shareholders and Public Expose in Jakarta, 8 May 2024

Throughout 2023, HILL recorded positive financial and operational performance achievements amidst various challenges. The company's operating income increased 23.89% to IDR 4.05 trillion due to increased production.

Net profit in 2023 also strengthened 15.28% to IDR 438.96 billion from IDR 380.78 billion in 2022. The Company's total equity also increased significantly by 87.36% from IDR 979.92 billion to IDR 1.84 trillion in line with the success of the Public Offering. Hillcon's Initial Public Offering (IPO).

Regarding the use of 2023 net profit of IDR 351.07 billion, the company decided to distribute dividends. President Director, Hersan Qiu, revealed that the agreed cash dividend was IDR 103.19 billion or 29.39% of net profit. The dividend is equivalent to IDR 35 per share. Dividends are given after making net profit reserves in accordance with applicable regulations and taking into account the decisions of shareholders at the GMS.

Apart from focusing on achieving achievements in financial and operational aspects, HILL also places environmental, social and governance aspects as its main concern. HILL believes that sustainable growth can only be realized if the company is able to grow together with the environment and local community.