BTN to Hold Extraordinary General Meeting of Shareholders Today, Including Management Changes

PT Bank Tabungan Negara (Persero) Tbk (BBTN) will hold an Extraordinary General Meeting of Shareholders (EGMS) today, Friday (4/9/2026). One of the primary agendas of the meeting is the change of the company’s management.

According to the EGMS notice, the meeting will take place from 14:00 WIB until completion at Menara BTN, Central Jakarta, and can be attended electronically via the Electronic General Meeting System (eASY.KSEI).

In the document, BTN stated that the proposal for management changes originates from the Series A Dwiwarna Shareholders. This proposal refers to the Ministry of SOEs Letter No. SR-348/BP/06/2026, dated 29 June 2026.

The specific agenda item for the EGMS is listed as “Changes to the Company’s Management”. The appointment or dismissal of members of the Board of Directors and/or the Board of Commissioners will be conducted through a General Meeting of Shareholders attended and approved by the Series A Dwiwarna Shareholders.

Previously, BTN President Director Nixon LP Napitupulu mentioned that the agenda for changing the management structure in this EGMS originated from Danantara. However, management was still awaiting certainty regarding which management positions would undergo changes.

“We are still waiting for them to inform us which officials will be changed,” said Nixon during the performance presentation as of 30 June 2026 at Menara BTN 2, Thursday (16/7/2026).

Meanwhile, regarding stock performance, BBTN closed at the level of Rp1,255 in Thursday’s (3/9/2026) trading, strengthening by 2.45%. BBTN shares have begun to show positive momentum after rising and returning above the 20-day moving average (MA20).

The movement of BBTN shares has also drawn significant attention ahead of the EGMS on Friday (4/9/2026), which is scheduled to address the changes in the company’s management.