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 12, 2024

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 Protelindo; dan/and

3 PT Bank Danamon Indonesia, Tbk. (“Danamon”) as a banking institution.

3.

Type of Material Information or Facts

 On November 12, 2024, Danamon as the lender and Protelindo and Iforte as borrowers, have agreed to the Amendment of Credit Agreement (“Amendment Credit Agreement”) and Amendment of Foreign Exchange Agreement (“Amendment Foreign Exchange” and together with Amendment Credit Agreement shall be referred as “Transaction”) in connection with the extension of the final maturity date.

4.

Description of Material Information or Facts

Based on Amendment Credit Agreement and Amendment Foreign Exchange, the parties have agreed to extend the final maturity date to December 12, 2024.

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 financing structure above will facilitate both Protelindo and Iforte to get preferential financing terms and conditions. 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 in Clause 6 section (1) letter (d) of OJK Regulation No. 42 of 2022 (“OJK Rule 42”) i.e., a loan agreement provided by the bank.

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