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 23, 2024

2.

Parties to the Transaction

1.      PT Profesional Telekomunikasi Indonesia (“Protelindo”);

2.      PT Iforte Solusi Infotek (“Iforte”);

3.      PT Solusi Tunas Pratama, Tbk. (“SUPR”);

4.      PT BIT Teknologi Nusantara (“BIT”);

5.      PT Iforte Payment Infrastructure (“IPI”); dan/and

6.      PT Bank Permata, Tbk. (“Permata”).

3.

Type of Material Information or Facts

The Signing of the Amended and Restated of the Facility Agreement dated December 23, 2024, made between Protelindo, Iforte, SUPR, BIT and IPI as borrowers and Permata as the lender in relation to adding IPI as Borrowers (“Permata Facility Agreement”).

 To guarantee the performance of the Borrowers under the Permata Facility Agreement, Protelindo have signed the Corporate Guarantee Agreement (“Guarantee Agreement”).

Permata Facility Agreement and Guarantee Agreement together will be referred as to “Transaction”.

4.

Description of Material Information or Facts

The following are the key terms and conditions under the Permata Facility Agreement:

1. Commitment:

Revolving Loan Facility up to IDR2,000,000,000,000 which divided into 2 (two) types facilities ie. revolving loan facility 1 in the amount IDR1,000,000,000,000 or its equivalent in other currencies and revolving loan facility 2 in the amount IDR1,000,000,000,000 or its equivalent in other currencies, with the following details:

(i) Iforte, BIT and SUPR up to a maximum of IDR1,000,000,000,000 in revolving loan facility 1 and revolving loan facility 2;

(ii) Protelindo up to maximum of IDR725,000,000,000 until December 17, 2024, and up to maximum of IDR295,000,000,000 in both revolving loan facility 1 and revolving loan facility 2; dan / and

(iii) IPI up to a maximum of IDR100,000,000,000 in both revolving loan facility 1 and revolving loan facility 2.

2. Final Maturity Date:

(i)  Revolving Loan Facility 1: December 17, 2025; dan / and

(ii) Revolving Loan Facility 2: 36 months from the signing date.

3. Governing Laws: Law of Indonesia.

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 Credit Agreement 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 as abovementioned is an affiliated transaction as referred to:

(i)Pasal 6 ayat (1) huruf b angka 2 Peraturan OJK No. 42 Tahun 2020 tentang Transaksi Afiliasi dan Transaksi Benturan Kepentingan (“POJK 42”), yaitu transaksi sesama Perusahaan Terkendali yang sahamnya dimiliki paling sedikit 99% (sembilan puluh sembilan persen) oleh Perusahaan Terbuka; dan

(ii) Pasal 6 ayat (1) huruf (d) POJK 42, yaitu transaksi pinjaman yang diterima secara langsung dari bank; dan

(iii) Pasal 6 ayat (1) huruf (e) POJK 42, yaitu transaksi pemberian jaminan kepada bank atas pinjaman yang diterima secara langsung oleh Perusahaan Terbuka atau Perusahaan Terkendali.

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