RUPST GoTo Approves A Share Buyback Amounting To Rp3.26 Trillion

PT GoTo Gojek Tokopedia Tbk (GoTo) has approved a share buyback action worth up to 200 million United States dollars (USD) or equivalent to Rp3.26 trillion (using the Jisdor exchange rate of Rp16,291 per USD) during its annual general meeting of shareholders (RUPST).

"We express our gratitude to the shareholders for their support, which is reflected in the approval of all the agendas presented at this RUPST, including the plan for the share buyback and the refreshment of our leadership," stated GoTo's President Director Patrick Sugito Walujo in Jakarta on Wednesday.

During the RUPST, shareholders also approved the appointment of five individuals as directors of the company, including Director and Chief People Officer Monica Lynn Mulyanto, as well as Director of Legal and Group Corporate Secretary RA Koesoemohadiani.

Additionally, Ade Mulyana was appointed as Director of Public Affairs and Communications, Wuzhen (William) Xiong as Director and Chief Technology Officer, and Sudhanshu Raheja as Director and President of GoTo Financial.

Furthermore, Catherine Hindra Sutjahyo, who previously served as Director and President of the On-Demand Services business unit at GoTo, has been appointed as Vice President Director and Deputy CEO, succeeding Thomas Husted.

Lastly, Hans Patuwo has been appointed as President of the On-Demand Services business unit while continuing to serve as Director and Chief Operating Officer of the Group.

The composition of the Board of Commissioners and Directors of the Company resulting from the Annual General Meeting of Shareholders (RUPST) in 2025 is as follows:

Board of Commissioners

President Commissioner: Agus DW Martowardojo

Commissioner: Winato Kartono

Commissioner: Wishnutama Kusubandio

Commissioner: Pablo Malay

Independent Commissioner: John A. Prasetio

Independent Commissioner: Dirk Van den Berghe

Independent Commissioner: Marjorie Tiu Lao

Board of Directors

Chief Executive Officer: Patrick Sugito Walujo

Deputy Chief Executive Officer: Catherine Hindra Sutjahyo

Director: Simon Tak Leung Ho

Director: Hans Patuwo

Director: Monica Lynn Mulyanto

Director: R.A. Koesoemohadiani

Director: Ade Mulyana

Director: Wuzhen (William) Xiong

Director: Sudhanshu Raheja

"We warmly welcome the new commissioners and members of the Board of Directors, whose strategic experience and insights will play a crucial role in guiding GoTo into its next phase of growth. We also extend our heartfelt gratitude to the outgoing commissioners and Board members for their dedication and valuable contributions throughout their tenure," stated Patrick.

The President Commissioner of GoTo, Agus Martowardojo, remarked that the results of the Annual General Meeting reflect the ongoing trust and support from shareholders, in line with the company's efforts to collectively strengthen the foundation of GoTo's business.

He noted that the approval of all agenda items is a significant step to ensure that the company continues to be well-managed, forward-looking, and responsive to the evolving needs of its stakeholders.

"Moving forward, the Board of Commissioners will continue to collaborate closely with the Board of Directors to further enhance governance, alongside joint efforts to support the growth and advancement of Indonesia," Agus stated.

Tag: Ade Mulyana GoTo Patrick Sugito Walujo