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

December 12, 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;

3.  PT Solusi Tunas Pratama Tbk (“SUPR”), a company whose 99.96% shares are directly owned by the Protelindo;

4. PT BIT Teknologi Nusantara (“BIT”), a company whose 100% shares are indirectly owned by the Protelindo through Iforte and PT Komet Infra Nusantara; dan/and

5. PT Bank Permata Tbk (“Permata”) as a banking institution.

3.

Type of Material Information or Facts

on December 12, 2023, Permata as the lender, Protelindo, Iforte, SUPR and BIT as the borrowers (“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:  IDR1.000,000,000,000.- with the following details:

a.  A maximum of IDR1,000,000,000,000 to be provided to SUPR, Iforte and BIT collectively; dan/and

b. A maximum of IDR725,000,000,000 to be provided to Protelindo.

- Purpose of loan:

to finance the capital expenditure dan general corporate purposes of the borrowers.

- Final Maturity Date:  December 17, 2024

-  Governing Laws: Law of Indonesia.

2. Under the Facility Agreement, Protelindo agrees to provide a corporate guarantee to guarantee the fulfilment of Borrowers obligations under the Facility Agreement (“Corporate Guarantee” and together with the Facility Agreement shall be referred as “Transaction)

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.  The Transaction is an affiliated transaction as referred to:

(i) 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) Clause 6 section (1) letter (d) of OJK Rule 42, i.e., a loan agreement from bank, and

(iii) 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.