The Signing of Amendments and Restatement of the Revolving Loan and Term Loan Facility Agreement between Protelindo, Iforte, BIT, SUPR, IPI, VTS, IEN, and IBST with PT Bank Permata Tbk

TOWER · Monday, 17 November 2025 09:00

To comply with (i) the OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information or Facts by Issuers or Public Companies and OJK Regulation No. 45 of 2024 regarding the Development and Enhancement of Issuers and Public Companies and (ii) the IDX Board of Directors Decree No. Kep-00066/BEI/09-2022 as amended by Amendment to Regulation No. I-E on Obligation to Submit Information, we, PT Sarana Menara Nusantara, Tbk. (the “Company”), hereby submit a Report on Material Information or Facts as follows:

     

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 17, 2025

2.

Parties to the Transaction

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

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

3.     PT BIT Teknologi Nusantara (“BIT”);

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

5.     PT Iforte Payment Infrastructure (“IPI”);

6.     PT Varnion Technology Semesta (“VTS”);

7.     PT Iforte Energi Nusantara (“IEN”);

8.     PT Inti Bangun Sejahtera, Tbk. (“IBST”); and

9.     PT Bank Permata, Tbk. (“Permata”)

 

3.

Type of Material Information or Facts

On November 17, 2025, Permata as the lender and each of Protelindo, Iforte, BIT, SUPR, IPI, VTS, IEN and IBST as the borrowers, have signed Amended and Restated Revolving Loan and Term Loan Facility Agreement in total amounting IDR3,500,000,000,000 (“Amendment Facility Agreement”).

 

Protelindo entered into a Corporate Guarantee and Indemnity Agreement to provide a corporate guarantee to ensure the fulfillment of the borrowers' obligations under the Amendment Facility Agreement (“Corporate Guarantee Agreement”).

 

The Amendment Facility Agreement and the Corporate Guarantee Agreement shall be collectively referred to as the “Transaction”.

 

4.

Description of Material Information or Facts

Previously, there are several facility agreements had been signed by the parties, namely as follows:

1.      Amended and Restatement Agreement of Revolving Loan Facility Agreement dated December 23, 2024 made and between Iforte, BIT, SUPR, Protelido and IPI as borrower’s and Permata as lender;

2.     Term Loan Facility Agreement dated December 1, 2022 made and between ISI and BIT as borrowers and Permata as lender; dan/and

3.     Revolving Facility Loan Agreement of dated October 10, 2024 made and between IBST as the borrower and Permata as the lender.

Based on the above, the parties have agreed to combine the existing credit facilities into a single loan documentation (without amending its respective credit limit) and add new borrowers, i.e IEN and VTS with the following terms and conditions:

1.     Term Loan Facility of IDR1,500,000,000,000 can be utilize by Iforte and BIT;

2.     Revolving Loan with the total of IDR2,000,000,000,000 which can be utilize by:

a.      Protelindo with a sub-limit of a maximum up to IDR295.000.000.000;

b.      Iforte with a sub-limit up to IDR1,000,000,000,000;

c.     BIT with a sub-limit up to IDR1,000,000,000,000

d.     SUPR with a sub-limit up to IDR1,000,000,000,000;

e.     IEN with a sub-limit up to IDR150,000,000,000;

f.      IPI with a sub-limit up to IDR100,000,000,000;

g.     VTS with a sub-limit up to IDR50,000,000,000;

h.    IBST with a sub-limit up to IDR600,000,000,000;

which the total facility shall not exceed of IDR2,000,000,000,000.

 

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 Transaction does not have negative material impact to the operational, legal, financial condition or continuity of the Company's business.

 

 

 

 

 

 

6.

Other information

1.     The Transaction is an affiliated transaction as referred to:

(i)     Clause 6 section (1) letter (d) of POJK 42, i.e. a loan received directly from bank; and/or

(ii)    Clause 6 section (1) letter (e) POJK 42, i.e. a security provided to bank in relation to the loan agreement granted to a public company or subsidiaries.

2.     The Transaction 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.

 

Thus we convey the above information and explanation.