13 May 2026
Jakarta, May 13, 2026 – PT VKTR Teknologi Mobilitas Tbk (“VKTR”) officially announced the resignation of Gilarsi Wahju Setijono from his position as President Director of the Company on Wednesday (May 13). The resignation will become effective upon obtaining approval in accordance with the Company’s governance procedures and applicable regulations through the General Meeting of Shareholders (GMS), which is scheduled to be held by Tuesday (May 19).
The Company emphasized that this process forms part of the normal dynamics of corporate leadership, conducted in a measured and professional manner while maintaining the continuity of the Company’s strategic direction, operational stability, and commitment to all stakeholders.
VKTR expresses its highest appreciation for the contributions, dedication, and leadership of Gilarsi Wahju Setijono during his tenure as President Director. Under his leadership, the Company successfully strengthened its business fundamentals, expanded strategic collaborations, and accelerated the development of Indonesia’s electric vehicle ecosystem. One of the key milestones during this period was the inauguration of VKTR’s electric commercial vehicle assembly facility in Magelang, Central Java, which reflects the Company’s commitment to supporting green mobility transformation while strengthening domestic industry capabilities.
President Commissioner of VKTR, Anindya N. Bakrie, stated that the Board of Commissioners respects the decision, “We respect Mr. Gilarsi Wahju Setijono’s decision and extend our appreciation for his valuable contributions to the Company’s development. The Board of Commissioners will ensure that the leadership transition process is carried out properly and in accordance with good corporate governance principles. Most importantly, VKTR’s strategic direction remains strong and sustainable. The Company will continue to focus on strengthening business fundamentals, creating long-term value, and maintaining its commitment to all stakeholders.”
Furthermore, the Company emphasized that this leadership transition will not affect business operations nor VKTR’s strategic focus in developing Indonesia’s electric vehicle ecosystem and strengthening the supply chain of the country’s green mobility industry.
As a company committed to accelerating the energy transition and reducing carbon emissions, VKTR will continue advancing its strategic agenda in promoting green mobility, including the electrification of public and commercial transportation, strengthening strategic partnerships, and developing low-emission mobility solutions tailored to national market needs.
In line with this vision, VKTR also remains committed to strengthening local industries and increasing the level of domestic content (TKDN) through the development of manufacturing ecosystems, collaboration with Indonesia’s coachbuilding industry, and reinforcement of the electric vehicle value chain in Indonesia. The Company believes that the development of the national electric vehicle industry must go hand in hand with strengthening domestic industrial capacity to create broader and more sustainable economic impact.
The Company will provide further updates regarding the leadership transition process in accordance with information disclosure principles and applicable regulatory requirements.
About PT VKTR Teknologi Mobilitas Tbk
PT VKTR Teknologi Mobilitas Tbk. (VKTR – pronounced “Vektor”) is a pioneer in the electrification of the commercial vehicle segment in Indonesia. VKTR officially listed its shares on the Indonesia Stock Exchange on June 19, 2023, becoming the first commercial EV issuer in the country. VKTR is committed to accelerating sustainable mobility through manufacturing innovation and strategic partnerships with the world’s leading electric vehicle manufacturers.
For more information, please contact:
VKTR Investor Relations (ir@vktr.id)
For media inquiries, please contact:
VKTR Corporate Communications (media.relations@vktr.id)