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

June 20, 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; dan/and

3.  MUFG Bank, Ltd., Cabang Jakarta (“MUFG”) a banking institution.

3.

Type of Material Information or Facts

 On June 20, 2024, Protelindo and Iforte as the borrowers have signed the US$130,000,000 Facility Agreement with MUFG as the lender (“Facility Agreement” or “Transaction”).

4.

Description of Material Information or Facts

1. The following are several important information in connection with the Transaction:

-  Total Facility: US $ 130,000,000

-  Purpose of loan: general corporate purposes of related borrower’s, including refinancing of related borrower’s debts

- Final Maturity Date: 36 (thirty-six) months after the utilisation date.

- Governing Laws: Law of Indonesia.

2. Protelindo and Iforte are jointly liable for their obligations under the Facility Agreement.

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.