Name of Issuer or Public Company

:

PT Sarana Menara Nusantara, Tbk.

Line of Business

:

-  Management Consultancy Activities

-  Holding Company Activities

-  Construction of Central Communication

Phone

:

0291-431691 / 021-23585500

email

:

corpsec@ptsmn.co.id

1.

Date of Occurrence

November 25, 2024

2.

Parties to the Transaction

1. PT Profesional Telekomunikasi Indonesia (“Protelindo”);

2. PT Iforte Solusi Infotek (“Iforte”);

3. PT Solusi Tunas Pratama, Tbk. (“SUPR”);

4. PT Inti Bangun Sejahtera Tbk (”IBST”); and

5. PT Bank Syariah Indonesia Tbk (“Bank”).

3.

Type of Material Information or Facts

The Signing of the Jointly Facility Agreement November 25, 2024, made between Protelindo, Iforte, SUPR, and IBST as borrowers and Bank as the lender (“Facility Agreement”).

4.

Description of Material Information or Facts

The following are the key terms and conditions under the Facility Agreement:

1. Commitment: IDR1.000.000.000.000.

2.  Final Maturity Date: 60 months prior to the realization date of the facility.

3.  The Borrowers will provide a joint liability to ensure the fulfillment obligations among the Borrowers under the Facility Agreement

4. Governing Laws: Law of Indonesia.

5.

The impact of such event, information or material facts towards operational activities, legal, financial condition, or business continuity of the Issuer or Public Company

The performance of such Facility Agreement does not have negative material impact to the operational, legal, financial condition or continuity of the Company's business.

6.

Other information

1. The execution of the Facility Agreement is an affiliated transaction as referred to:

(i)  Clause 6 section (1) letter b point (2) of OJK Regulation No. 42 of 2022 regarding the Affiliated Transaction and Conflict of Interest Transaction (“OJK Rule 42”), i.e. a transaction between the subsidiaries whose at least 99% of their shares are owned by the Public Company; and

(ii) Clause 6 section (1) letter (d) of OJK Rule 42, i.e. a loan received directly from banks; dan/ and

(iii) Clause 6 section (1) letter (e) of POJK 42, i.e. a corporate guarantee provided to bank in relation to the loan granted to a public company or its subsidiaries.

2. The signing of the Facility Agreement is not a conflict-of-interest transaction of the Company as referred to POJK 42 and not a material transaction as referred to the OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business Activities.