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

May 30, 2024

2.

Parties to the Transaction

1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company in which the Company owns 99.9997% of the shares;

2.  PT Iforte Solusi Infotek (“Iforte”), a subsidiary in which Protelindo directly owns 99.99% of the shares;

3. PT Solusi Tunas Pratama Tbk (“SUPR”), a subsidiary in which Protelindo directly owns 99,96% of the shares; dan/and

4. PT Bank Mandiri (Persero) Tbk (“Mandiri”) as a banking institution.

3.

Type of Material Information or Facts

On May 30, 2024, Protelindo and Iforte as the borrowers have signed the Credit Agreement with Mandiri as a lender (“Credit Agreement and Corporate Guarantee” or “Transaction”).

4.

Description of Material Information or Facts

1.The following are several important information in connection with the Credit Agreement and Corporate Guarantee:

- Total Facility: IDR2,000,000,000,000.- with the following details:

(a)Tranche A amounting Rp1,500,000,000,000.- available for Protelindo; dan

(b)Tranche B amounting Rp500,000,000,000.- available for Iforte.

- Purpose of loan: general corporate purposes including but not limited to refinance of bonds and other banks loans.

- Final Maturity Date: Maximal 2 (two) years after May 30, 2024 or until May 29, 2027.

- Governing Laws: Law of Indonesia.

2. Based on the Credit Agreement and Corporate Guarantee, the following applies:

- Protelindo and Iforte are jointly liable for their obligations under the Credit Agreement and Guarantee.

- SUPR will guarantee Protelindo and Iforte’s obligations in relation with the Credit Agreement and Corporate Guarantee.

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 material impact to the operational, legal, financial condition or continuity of the Company's business.

6.

Other information

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

(i) in 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;

(ii) in Clause 6 section (1) letter (d) i.e., a loan transaction received directly from banks; dan/and

(iii)  Clause 6 section (1) letter (e) OJK Rule 42, i.e. a corporate guarantee provided to bank in relation to the loan agreement granted to the Issuer or its subsidiaries.

2.  The execution of the Transaction is not a conflict-of-interest transaction of the Company as referred to the OJK Rule 42.

3.The Transaction is not a material transaction as referred to the OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Change of Business Activities.