ANNOUNCEMENT OF

ANNUAL GENERAL MEETING OF SHAREHOLDERS and

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

OF PT. TAISHO PHARMACEUTICAL INDONESIA TBK

-It is hereby announced to the shareholders of PT. Taisho Pharmaceutical Indonesia Tbk, domiciled in South Jakarta and having its address at Tamara Center Building, 10th Floor, Jl. Jenderal Sudirman Kav. 24, Jakarta 12920 (the “Company”) that the Company will convene an Annual General Meeting of Shareholders (“AGM”) and an Extraordinary General Meeting of Shareholders (“EGM”) in Jakarta on Monday, 21 June 2021.

-The notices for such AGM and EGM will be made by advertisement in a daily newspaper with national circulation on 28 May 2021.

-The shareholders who are entitled to attend the AGM and EGM shall be those shareholders of the Company whose names are validly registered in the Register of Shareholders of the Company on 27 May 2021 at 04:00 pm West Indonesia Time or their lawful attorney.

-Each shareholder of the Company shall be entitled to propose agenda to be included in the agenda items of the AGM or EGM if the requirements under paragraph 21.5 of Article 21 of the Articles of Association of the Company, namely: (i) the proposing shareholder, individually or collectively represent at least 1/20 (one twentieth) of the total number of shares with legal voting rights issued by the Company, (ii) being submitted in good faith, (iii) considering the interest of the Company, (iv) include reasons and materials of the proposed agenda items, and (v) do not conflict with the prevailing rules and legislations.

-The proposed agenda items, if any, are kindly requested to be submitted to the Board of Directors of the Company at least 7 (seven) days prior to the date of notices for the AGM/EGM.

Jakarta, 11 May 2021

Board of Directors of the Company