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 20, 2023

2.

Parties to the Transaction

1. PT Profesional Telekomunikasi Indonesia (“Protelindo”), a company whose 99.9997% shares are directly owned by the Company;

2.  PT Iforte Solusi Infotek (“Iforte”), a company whose 99.99% shares are directly owned by the Protelindo; dan/and

3. PT Bank CTBC Indonesia (“CTBC”) as a banking institution.

3.

Type of Material Information or Facts

 on November 20, 2023, CTBC as the lender, Protelindo and Iforte as the borrowers have signed the Facility Agreement (“Facility Agreement”).

4.

Description of Material Information or Facts

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

- Commitment:  IDR240,000,000,000.- or its equivalent amount in USD.

-   Purpose of loan:  to finance the general corporate purposes of Protelindo and Iforte.

-  Final Maturity Date:  20 November 2024

-   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 disclosed information or material facts do not have material impact to the operational, legal, financial condition or continuity of the Company's business.

6.

Other information

1. Facility Agreement is an affiliated transaction as referred to (i) in Clause 6 section (1) letter b  point (2) of OJK Regulation No. 42 of 2022 (“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) of OJK Rule 42, i.e., a  loan agreement from bank., and (iii) in Clause 6 section (1) letter (e) OJK Rule 42, i.e. a guarantee provided to bank in relation to the loan agreement granted to the Issuer or subsidiaries.

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