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

August 12, 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 Inti Bangun Sejahtera, Tbk. (“IBST”); and

5. MUFG Bank, Ltd., Cabang Jakarta (“MUFG”).

3.

Type of Material Information or Facts

1. The Signing of the Amendment and Restatement of the Facility Agreement dated August 12, 2024, which was originally dated February 28, 2017, as last amended by a letter of amendment dated December 29, 2023, between Protelindo, Iforte, SUPR and IBST as the borrowers, with MUFG as the lender (“MUFG Amendment Agreement”).

2. Protelindo signed a corporate guarantee to guarantee the fulfilment of the borrowers’ obligations under the MUFG Amendment Agreement (“Corporate Guarantee”).

 MUFG Amendment 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 Transaction:

1. Commitment: IDR2.500.000.000.000.- or its equivalent to US Dollars and Japanese Yen.

2. Purpose of loan:  The general purpose of the company's financing includes, but is not limited to, financing capital expenditures and refinancing existing debt.

3.  Final Maturity Date: December 31, 2024.

4.  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 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 execution of the Transaction is an affiliated transaction as referred to:

(i) Clause 6 section (1) letter (d) of POJK 42, i.e. a loan received directly from bank; and/or

(ii)  Clause 6 section (1) letter (e) of POJK 42, i.e. a corporate guarantee provided to bank in relation to the loan granted to a public company or its subsidiaries.

2. 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.