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Page 1
                  Scaling Growth
                  Through Strategic
                        Integration
2025
Laporan Tahunan
Annual Report           PT Chandra Daya Investasi Tbk
Page 2
                                             01                                       02                                 03
                                                  Ikhtisar Kinerja                         Laporan Manajemen                  Profil Perusahaan
                                                  Performance Highlights                   Management Reports                 Company Profile




Sanggahan dan Batasan
Disclaimer and Limitation of Liability

Laporan Tahunan 2025 PT Chandra Daya Investasi Tbk (“CDI Group”,               The 2025 Annual Report of PT Chandra Daya Investasi Tbk (“CDI
“Perseroan”) ini disusun untuk memenuhi ketentuan pelaporan                    Group”, the “Company”) has been prepared to fulfill the Company’s
hasil kinerja Perseroan pada periode 1 Januari 2025 sampai                     obligation to report its performance for the period from 1 January
dengan 31 Desember 2025 kepada regulator. Laporan Tahunan ini                  2025 to 31 December 2025 to the regulator. This Annual Report
disusun berdasarkan Peraturan Otoritas Jasa Keuangan No. 29/                   has been compiled in accordance with Financial Services Authority
POJK.04/2016 tentang Laporan Tahunan Emiten atau Perusahaan                    Regulation No. 29/POJK.04/2016 concerning Annual Reports of
Publik dengan muatan konten sesuai Surat Edaran Otoritas Jasa                  Issuers or Public Companies, with content aligned to Financial
Keuangan No. 16/ SEOJK.04/2021 tentang Bentuk dan Isi Laporan                  Services Authority Circular Letter No. 16/SEOJK.04/2021 regarding
Tahunan Emiten atau Perusahaan Publik.                                         the Form and Content of Annual Reports of Issuers or Public
                                                                               Companies.

Laporan Tahunan ini memuat pernyataan terkait tujuan,                          This Annual Report contains statements relating to the Company’s
kebijakan, rencana, strategi, serta realisasi kinerja operasional              objectives, policies, plans, and strategies, as well as the realization
dan keuangan yang disusun berdasarkan data faktual yang                        of its operational and financial performance, all of which are
dapat    dipertanggungjawabkan       kebenarannya.    Sedangkan,               based on factual data that can be accounted for. Forward-
pernyataan-pernyataan prospektif dalam Laporan Tahunan ini                     looking statements contained in this report, however, are based
dibuat berdasarkan berbagai asumsi mengenai kondisi terkini dan                on assumptions regarding the Company’s current and future
kondisi mendatang Perseroan, serta lingkungan bisnis yang terkait,             conditions, as well as the broader business environment. As
sehingga dapat mengakibatkan perkembangan aktual secara                        such, actual results may differ materially from those expressed or
material berbeda dari yang dilaporkan. Oleh karena itu, Perseroan              implied. Accordingly, the Company does not guarantee that such
tidak menjamin bahwa pernyataan atau informasi prospektif                      forward-looking statements or information will serve as a definitive
tersebut menjadi dasar utama dalam pengambilan keputusan                       basis for decision-making or result in outcomes as expected.
ataupun akan membawa hasil tertentu sesuai harapan.

Laporan Tahunan ini disajikan dalam 2 (dua) bahasa, yaitu Bahasa               This Annual Report is presented in two (2) languages, Bahasa
Indonesia dan Bahasa Inggris yang mudah dibaca dan dapat                       Indonesia and English, and is designed for ease of reading. It is also
diunduh di situs resmi Perseroan, yaitu:                                       available for download on the Company’s official website at:




      https://chandradaya-investasi.com/id




 2025 Laporan Tahunan | Annual Report                                      2                                              PT Chandra Daya Investasi Tbk
Page 3
     04                                                         05                                                   06
          Analisis dan Pembahasan Manajemen                            Tata Kelola Perusahaan                             Laporan Keuangan
          Management Discussion and Analysis                           Good Corporate Governance                          Financial Reports




Penjelasan Tema
Theme Explanation




                                                                 2025
                                                                 Laporan Tahunan
                                                                 Annual Report



                                                                 Scaling Growth
                                                                 Through Strategic
                                                                 Integration

Tahun 2025 menjadi momentum penting bagi PT Chandra Daya                      2025 marked an important milestone for PT Chandra Daya Investasi
Investasi Tbk (“CDI Group” atau “Perseroan”) dalam mempercepat                Tbk (“CDI Group” or the “Company”) in accelerating its growth
pertumbuhan pasca pencatatan saham di Bursa Efek Indonesia.                   following its listing on the Indonesia Stock Exchange. Throughout the
Sepanjang tahun pelaporan, Perseroan memperluas skala usaha                   year, the Company expanded its business scale by strengthening
melalui penguatan sinergi antar lini bisnis, optimalisasi serta               cross-business synergies, optimizing and adding strategic assets,
penambahan aset strategis, dan ekspansi yang dijalankan secara                and executing disciplined, measured, and sustainable expansion
terukur, disiplin, dan berkelanjutan.                                         initiatives.


Bagi Perseroan, pertumbuhan tidak semata diukur dari peningkatan              For the Company, growth is not solely measured by increases in
kapasitas maupun aset, tetapi juga kemampuan mengintegrasikan                 capacity or assets, but also by its ability to integrate infrastructure
kapabilitas infrastruktur ke dalam satu ekosistem yang saling                 capabilities into a connected ecosystem that generates greater
terhubung dan menciptakan nilai tambah yang lebih besar. Sejalan              value creation. In line with this expansion strategy, the Company
dengan langkah ekspansi tersebut, Perseroan memandang bahwa                   believes that sustainable growth is determined not only by scale,
pertumbuhan yang berkelanjutan tidak hanya ditentukan oleh skala,             but also by the quality of integration among its capabilities.
tetapi juga oleh kualitas integrasi antar kapabilitas yang dimiliki.


CDI Group mengelola empat lini bisnis utama, yakni energi, air,               CDI Group manages four business pillars: energy, water, port &
kepelabuhanan & penyimpanan, serta logistik. Sepanjang tahun                  storage, and logistics. During the reporting year, the Company
pelaporan, Perseroan meningkatkan kapasitas pembangkit energi                 increased renewable energy installed capacity, constructed a
baru terbarukan, membangun fasilitas tangki yang terintegrasi                 tank facility integrated with its port operations, and constructing
dengan operasional pelabuhan dan membangun ethylene pipeline,                 ethylene pipeline, as well as enhanced logistics capabilities
serta memperkuat kapabilitas logistik melalui penambahan armada               through the addition of vessels and establishing a land logistics
kapal dan peluncuran lini bisnis logistik darat, yang mencakup                platform covering land transportation and warehousing. These
fasilitas transportasi darat dan pergudangan. Inisiatif-inisiatif             initiatives were designed to strengthen CDI Group's business
tersebut dirancang untuk memperkuat konektivitas antar lini usaha             pillars connectivity while building an integrated and efficient
sekaligus membangun sistem layanan infrastruktur yang terpadu                 infrastructure service system.
dan efisien.


Melalui integrasi operasional dan pengembangan aset yang                      Through        operational   integration    and    continuous      asset
berkesinambungan, Perseroan membangun fondasi pertumbuhan                     development, the Company is establishing a stronger, more
yang lebih tangguh, kompetitif, dan siap menghadapi dinamika                  competitive, and resilient growth foundation to navigate market
pasar. Strategi ini memperkuat langkah CDI Group menuju visinya               dynamics. This strategy reinforces CDI Group’s progress toward its
sebagai perusahaan solusi infrastruktur pilihan di Asia Tenggara,             vision of becoming the preferred infrastructure solutions company
sekaligus menciptakan nilai jangka panjang yang berkelanjutan bagi            in Southeast Asia, while delivering sustainable long-term value to
pemegang saham dan seluruh pemangku kepentingan.                              shareholders and all stakeholders.


 PT Chandra Daya Investasi Tbk                                            3                                       2025 Laporan Tahunan | Annual Report
Page 4
Daftar Isi
Table of Contents




Sanggahan dan Batasan                      2
Disclaimer and Limitation of Liability          03
Penjelasan Tema                            3    Profil Perusahaan
Theme Explanation
                                                Company Profile


01
                                                Identitas Perusahaan                     70
Ikhtisar Kinerja 2025                           Corporate Identity
2025 Performance Highlights
                                                Riwayat Singkat Perusahaan               71
                                                Brief Company History
Ikhtisar Keuangan 2025                     11   Visi, Misi, dan Nilai-Nilai Perusahaan   78
2025 Financial Highlights                       Vision, Mission, and
Ikhtisar Operasional                       12   Corporate Values
Operating Highlights                            Kegiatan Usaha                           81
Ikhtisar Saham                             14   Business Activities
Shares Highlights                               Produk dan Jasa Perusahaan               81
Penghargaan dan Sertifikasi                19   Company Products and Services
Awards and Certifications                       Wilayah Operasional                      88
Peristiwa Penting 2025                     28   Operational Area
Significant Events 2025                         Struktur Organisasi                      90
                                                Organization Structure
                                                Profil Dewan Komisaris                   92
02                                              Board of Commissioners' Profile
Laporan Manajemen                               Profil Direksi                           104
                                                Board of Directors' Profile
Management Report
                                                Informasi Pemegang Saham                 134
                                                Shareholders' Information
Laporan Dewan Komisaris                    49
                                                Entitas Anak dan Perusahaan Asosiasi     140
Report from the Board of Commissioners
                                                Subsidiaries and Associated Entities
Laporan Direksi                            59
                                                Alamat Kantor Pusat dan Pabrik           142
Report from the Board of Directors
                                                Addresses of Head Office and Plants
Surat Pernyataan Anggota Direksi dan       60
                                                Kronologi Pencatatan Saham               143
Anggota Dewan Komisaris Tentang
                                                Share Listing Chronology
Tanggung Jawab Atas Laporan Tahunan
                                                Kronologi Pencatatan Efek Lainnya        145
2025 PT Chandra Daya Investasi
                                                Chronology of Other Securities
Statement of Responsibility of the Board
                                                Listings
of Directors and Board of Commissioners
Members on PT Chandra Daya Investasi Tbk        Kantor Akuntan Publik                    148
Annual Report Year 2025                         Public Accountant Office
Page 5
Scaling Growth
Through Strategic Integration



04                                               Laporan Keuangan Konsolidasian
Analisis Dan                                     Consolidated Financial Statement
Pembahasan Manajemen
Management Discussion And Analysis               Referensi SEOJK No. 16/SEOJK.04/2021:     483
                                                 Laporan Tahunan Emiten Atau Perusahaan
                                                 Publik
                                                 SEOJK No. 16/SEOJK.04/2021: Annual Report
Tinjauan Ekonomi dan Industri              154
                                                 of Public Company
Economic and Industry Review
Tinjauan Operasional per Segmen Usaha     157
Operational Overview per Business Segment
Tinjauan Kinerja Keuangan                  165
Financial Performance Review




05
Tata Kelola Perusahaan
Corporate Governance


Rapat Umum Pemegang Saham                  192
General Meeting of Shareholders
Dewan Komisaris                            220
Board of Commissioners
Direksi                                    235
Board of Directors
Komite Audit                               252
Audit Committee
Sekretaris Perusahaan                      262
Corporate Secretary
Unit Audit Internal                        267
Internal Audit Unit
Sistem Manajemen Risiko                    281
Risk Management System
Perkara Penting dan Sanksi Administratif   294
yang Dihadapi
Litigations and Administrative Sanctions
Page 6
01
Ikhtisar
Kinerja
Performance Highlights
Page 7

          
Page 8
                                                            01                                    02                               03
                                                                 Ikhtisar Kinerja                      Laporan Manajemen                Profil Perusahaan
                                                                 Performance Highlights                Management Reports               Company Profile




Ringkasan Kinerja
Keuangan 2025
Financial Performance Highlights 2025




    Laporan Posisi Keuangan Konsolidasian
        Consolidated Financial Position Statement



      dalam US$ penuh | in full US$


                                                                                2025                     2024**                     2023*

        Jumlah Aset
                                                                                1.743.832.107              1.080.538.718                920.326.272
        Total Assets
        Jumlah Liabilitas
                                                                                 607.895.131                328.358.133                 233.689.936
        Total Liabilities
        Jumlah Ekuitas
                                                                                1.135.936.976               752.180.585                 686.636.336
        Total Equity
        Modal Kerja Bersih
                                                                                900.932.777                 234.061.874                   624.118.715
        Net Working Capital
       Catatan | Note:
       *) Sejak pendirian Perseroan (11 bulan hingga Desember 2023)
       **) Disajikan kembali
       *) Since the Company’s establishment (11 months through December 2023)
       **) Restated




    Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
        Consolidated Statement of Profit of Loss and Other Comprehensive Income

      dalam US$ penuh | in full US$



                                                                                                2025                2024**               2023*

        Pendapatan
                                                                                               148.032.595         102.254.765            75.765.791
        Revenue
        Beban Pokok Pendapatan
                                                                                              (112.640.469)        (91.789.624)         (69.394.895)
        Cost of Revenue
        Laba (Rugi) Bruto
                                                                                                35.392.126            10.465.141          6.370.896
        Gross Profit (Loss)
        Laba (Rugi) Tahun Berjalan
                                                                                                127.788.841         33.479.379             2.802.261
        Profit (Loss) for The Year

          Diatribusikan kepada Pemilik Entitas Induk
                                                                                               121.052.564           31.422.725            1.095.635
          Attributable to Parent Entity Owners

          Diatribusikan kepada Kepentingan Non
          Pengendali                                                                             6.736.277           2.056.654             1.706.626
          Attributable to Non-Controlling Interests




 2025 Laporan Tahunan | Annual Report                                                     8                                        PT Chandra Daya Investasi Tbk
Page 9
    04                                                                               05                                                                  06
          Analisis dan Pembahasan Manajemen                                                Tata Kelola Perusahaan                                              Laporan Keuangan
          Management Discussion and Analysis                                               Good Corporate Governance                                           Financial Reports




      Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
           Consolidated Statement of Profit or Loss and Other Comprehensive Income



         dalam US$ penuh | in full US$



                                                                                                            2025                        2024**                         2023*

         Jumlah (Rugi) Penghasilan Komprehensif Tahun
         Berjalan                                                                                          127.385.114                   33.302.061                       2.787.371
         Total Comprehensive Income (Loss) for The Year
          Diatribusikan kepada Pemilik Entitas Induk
                                                                                                         120.564.087                     31.044.886                      1.080.745
          Attributable to Parent Entity Owners
          Diatribusikan kepada Kepentingan Non
          Pengendali                                                                                          6.821.027                     2.257.175                    1.706.626
          Attributable to Non-Controlling Interests

         Laba (Rugi) Bersih per Saham Dasar***
                                                                                                                   0,0011                      0,0003                0,0000054
         Basic Earning (Loss) per Share

         EBITDA
                                                                                                          118.754.970                   30.603.780                     23.579.831
         EBITDA
      Catatan | Note:
      *) Sejak pendirian Perseroan (11 bulan hingga Desember 2023)
      **) Disajikan kembali
      ***) Laba per saham telah disesuaikan dengan efek pemecahan nilai nominal saham pada tahun 2025 dari Rp2.000.000,- per saham menjadi Rp100 per saham yang diasumsikan
           telah terjadi sejak awal tahun penyajian
      *) Since the Company’s establishment (11 months through December 2023)
      **) Restated
      ***) Earnings per share have been adjusted for the effect of the 2025 stock split, which reduced the par value of shares from Rp2,000,000 per share to Rp100 per share, assumed to
      have taken effect from the beginning of the reporting year




     Rasio Keuangan Penting
           Key Financial Ratios



         dalam persen (%) | in percentage (%)




          Uraian                                                                                              2025                        2024**                         2023*
          Description

          Rasio Laba (Rugi) terhadap Aset
                                                                                                                         7,33                          3,10                          0,21
          Profit (Loss) to Assets Ratio
          Rasio Laba (Rugi) terhadap Ekuitas
                                                                                                                        11,25                         4,45                           0.41
          Profit (Loss) to Equity Ratio
          Rasio Laba (Rugi) terhadap Pendapatan
                                                                                                                      86,32                          32,74                          3.70
          Profit (Loss) to Revenue Ratio
          Rasio Lancar
                                                                                                                       21,38                           9,01                        22,91
          Current Ratio
          Rasio Liabilitas terhadap Jumlah Ekuitas
                                                                                                                        0,54                          0,44                          0,34
          Liability to Total Equity Ratio
          Rasio Liabilitas terhadap Jumlah Aset
                                                                                                                        0,35                          0,30                          0,25
          Liability to Total Assets Ratio
         Catatan | Note:
         *) Sejak pendirian Perseroan (11 bulan hingga Desember 2023)
         **) Disajikan kembali
         *) Since the Company’s establishment (11 months through December 2023)
         **) Restated




PT Chandra Daya Investasi Tbk                                                                   9                                                    2025 Laporan Tahunan | Annual Report
Page 10
                                                 01                                   02                                      03
                                                      Ikhtisar Kinerja                     Laporan Manajemen                       Profil Perusahaan
                                                      Performance Highlights               Management Reports                      Company Profile




Ikhtisar Operasional
Operational Highlights




                 Energi
                 Energy




                               120                                              200                                                11
                                                 MW                                                 MW*                                  MWp




                 Kapasitas PLTGU berteknologi                    Kapasitas Pembangkit Listrik Tenaga                Kapasitas Pembangkit Listrik Tenaga
                 Combined Cycle Power Plant (CCPP)               Gas dan Uap (PLTGU)                                Surya (PLTS)
                 Capacity of PLTGU with Combined                 Gas and Steam Power Plant (PLTGU)                  Solar Power Plant (PLTS) capacity
                 Cycle Power Plant (CCPP) technology             capacity




                                        8                                       150
                                             SPKLU                                              KV




                 Titik Stasiun Pengisian Kendaraan               Jaringan interkoneksi dengan
                 Listrik Umum (SPKLU) yang telah                 PT Perusahaan Listrik Negara (PLN)
                 dioperasikan                                    melalui Hantaran Udara Tegangan
                 Electric Vehicle Charging Stations              Tinggi
                 (SPKLU) in operation                            Interconnection network with
                                                                 PT Perusahaan Listrik Negara (PLN)
                                                                 via High Voltage Air Transmission




                30 -20 - 6 - 0.4
                                KV                    KV                 KV                       KV




                Pengoperasian jaringan distribusi listrik bawah tanah
                Underground electricity distribution network operation



                 Air
                 Water



                 4.874                                                          5.4
                                          Liter per Detik                                    Juta Meter Kubik
                                          Liters per Second                                  Million Cubic Meters




                 Kapasitas terpasang clean & special/                           Kapasitas maksimal Waduk Nadra
                 industrial Water Treatment Plant                               Krenceng
                 (WTP) di wilayah Cilegon, Gresik, dan                          Maximum capacity of the Nadra
                 Sumbawa                                                        Krenceng Reservoir
                 Installed capacity of Clean & Special/
                 Industrial Water Treatment Plants (WTP)
                 in the Cilegon, Gresik, and Sumbawa areas



                Catatan | Note:
                *Dimiliki melalui portofolio investasi ekuitas sebesar 45% pada perusahaan patungan PT Krakatau Posco Energy
                * 45% equity investment portfolio through the joint venture PT Krakatau Posco Energy




 2025 Laporan Tahunan | Annual Report                                      10                                                  PT Chandra Daya Investasi Tbk
Page 11
    04                                                      05                                           06
         Analisis dan Pembahasan Manajemen                       Tata Kelola Perusahaan                       Laporan Keuangan
         Management Discussion and Analysis                      Good Corporate Governance                    Financial Reports




                 Kepelabuhanan & Penyimpanan
                 Port & Storage




                                72       Tangki
                                         Tanks
                                                                          Centralized Filling
                                                                          Station (CFS)
                                                                                                  Sistem layanan yang dirancang
                                                                                                  khusus bagi pelanggan untuk
                                                                                                  memesan dan mengatur
                                                                                                  penjemputan produk di dermaga.
                 Total kapasitas 130.000 m3                Stasiun pengisian terpusat             A service system specifically
                 Total capacity 130,000 m3                 untuk berbagai jenis truk tangki.      designed for customers to order
                                                           Centralized filling station for        and arrange product pickup at
                                                           various types of tanker trucks.        the jetty.



                                2   Dermaga (Jetty)
                                    Jetties


                 Masing-masing berkapasitas 200
                 meter LOA (length overall) yang
                 sesuai untuk kapal berukuran
                 hingga 35.000 DWT (dead weight
                 tonnage)
                 Each with a capacity of 200 meters
                 LOA (length overall) suitable for
                 vessels up to 35,000 DWT (dead
                 weight tonnage).




                 Logistik
                 Logistics




                                14       Kapal
                                         Vessels                    212             Armada
                                                                                    Vehicles
                                                                                                              Fasilitas Gudang
                                                                                                              Warehouse Facility


                 14 Armada Logistik Maritim           212 Armada Logistik Darat                 Berlokasi di Cilegon dengan
                 14 Maritime Logistics Vessels        212 Land Logistics Vehicles               Luas 51.128 m2
                                                                                                Located in Cilegon with a total
                                                                                                land area of 51,128 m2

                            Fasilitas Cold Storage
                            Cold Storage Facility


                 Dengan kapasitas hingga 700 pallet
                 positions
                 With a capacity up to 700 pallet
                 positions




PT Chandra Daya Investasi Tbk                                        11                               2025 Laporan Tahunan | Annual Report
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                                                   01                                     02                             03
                                                        Ikhtisar Kinerja                       Laporan Manajemen              Profil Perusahaan
                                                        Performance Highlights                 Management Reports             Company Profile




Ikhtisar Saham
Share Summary




PT Chandra Daya Investasi Tbk (“CDI Group”, “Perseroan”)                          PT Chandra Daya Invesasi Tbk ("CDI Group", "the
melakukan penawaran umum perdana atau Initial Public                              Company") carried out an initial public offering (IPO)
Offering (IPO) dan mencatatkan sahamnya di Bursa Efek                             and listed its shares on the Indonesia Stock Exchange
Indonesia pada 9 Juli 2025 dengan kode saham CDIA.                                on 9 July 2025 under the ticker code CDIA. As such, the
Dengan demikian, data yang dapat disampaikan hanya 2                              data presented covered only the last 2 (two) quarters
(dua) kuartal terakhir tahun 2025.                                                of 2025.




 Kinerja Saham
    Stock Performance




                                        Harga Saham (Rp)                                    Jumlah
                                         Share Price (Rp)                                   Saham
                                                                                           Beredar                                 Kapitalisasi
                                                                                             (Juta                Volume                Pasar
   Tahun                                                                                   Lembar)               Transaksi          (Rp Miliar)
    Year                                                                                    Number              Transaction            Market
                 Pembukaan              Tertinggi Terendah             Penutupan           of Shares              Volume          Capitalization
                 Opening                 Highest   Lowest                Closing          Outstanding                             (Billions of Rp)
                                                                                          (Millions of
                                                                                            Shares)

 2025

 Triwulan 1
                                 -             -                  -                  -                   -                    -                     -
 Quarter 1
 Triwulan 2
                                 -             -                  -                  -                   -                    -                     -
 Quarter 2
 Triwulan 3
                             256           2.100              256                 1.675        124.829,38     12.486.355.400          209.089,20
 Quarter 3
 Triwulan 4
                            1.675          2.450            1.590                 1.670        124.829,38      19.170.087.000         208.465,06
 Quarter 4




 2025 Laporan Tahunan | Annual Report                                        12                                          PT Chandra Daya Investasi Tbk
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     04                                            05                                            06
          Analisis dan Pembahasan Manajemen             Tata Kelola Perusahaan                        Laporan Keuangan
          Management Discussion and Analysis            Good Corporate Governance                     Financial Reports




Aksi Korporasi                                                   Corporate Actions

Sepanjang tahun 2025, CDI Group telah melakukan                  CDI Group carried out a number of corporate actions
sejumlah aksi korporasi. Pada April 2025, Perseroan              throughout 2025. In April 2025, the Company launched a
memulai lini bisnis baru di bidang logistik darat melalui        new business line in land logistics through its acquisition
akuisisi PT Barito Investa Prima (kini PT Chandra                of PT Barito Investa Prima (now PT Chandra Investa
Investa Prima). Selanjutnya, pada April 2025, Perseroan          Prima). Later, in April 2025, the Company obtained
memperoleh tambahan modal dari Chandra Asri Group                additional capital from Chandra Asri Group and EGCO
dan EGCO Group. Pada Mei 2025, Perseroan kembali                 Group. In May 2025, the Company further expanded its
memperluas portofolio bisnisnya dengan memulai lini              business portfolio by launching a cold storage business
usaha cold storage melalui PT Chandra Cold Chain.                through PT Chandra Cold Chain.

Pada tanggal 9 Juli 2025, CDI Group melakukan aksi               On 9 July 2025, CDI Group undertook a corporate
korporasi berupa penawaran umum perdana saham                    action in the form of an initial public offering (IPO). The
Perseroan kepada publik (IPO). Melalui aksi tersebut,            Company offered a total of 12,482,937,500 shares with
saham Perseroan yang ditawarkan ke publik mencapai               an offering price of Rp190 per share. Through this IPO,
12.482.937.500 lembar, dengan harga penawaran Rp190              the Company successfully managed to secure Rp2.4
per lembar saham. Perseroan berhasil memperoleh                  trillion in funding with a 564x oversubscription rate.
pendanaan sebesar Rp2,4 triliun dengan 564x
pemesanan berlebih untuk IPO.

Pasca IPO, Perseroan melanjutkan momentum                        Following its IPO, the Company has maintained its
pertumbuhan melalui pengembangan proyek yang                     growth momentum through the development of ongoing
berkelanjutan serta perluasan portofolio usaha:                  projects and the expansion of its business portfolio:
1. Perseroan membangun dua (2) kapal berkapasitas                1. The Company manufactured two (2) vessels in
   masing-masing 9.000 Dead Weight Ton (DWT) di                      Japan, each with a capacity of 9,000 Dead Weight
   Jepang, yang salah satunya sudah diluncurkan pada                 Tons (DWT), one of the vessels was launched in
   Desember 2025, untuk meningkatkan kapasitas                       December 2025 to increase operational capacity
   operasional dan memperluas konektivitas di Asia                   and expand connectivity in Southeast Asia.
   Tenggara.
2. Melalui SCG Barito Logistics (SBL), Perseroan                 2. The Company expanded its land logistics operations
   memperluas operasi logistik daratnya dengan                      through SCG Barito Logistics (SBL) with its addition
   penambahan 50 truk hingga 31 Desember 2025.                      of 50 trucks through 31 December 2025. This
   Langkah ini dilakukan untuk memperkuat kapasitas                 initiative was undertaken to strengthen general
   penanganan kargo umum dan meningkatkan                           cargo handling capacity and enhance service
   keandalan layanan di Jawa, Lampung, Sumatera                     reliability in Java, Lampung, South Sumatra, and Bali.
   Selatan, dan Bali.
3. Perseroan meningkatkan kepemilikan saham di                   3. The Company increased its shareholdings in Chandra
   Chandra Shipping International (CSI) dan Marina                  Shipping International (CSI) and Marina Indah
   Indah Maritim (MIM) melalui transaksi senilai Rp2,7              Maritim (MIM) through a transaction valued at Rp2.7
   triliun. Kini, Grup CDI memegang 99,99% kepemilikan              trillion. CDI Group now holds 99.99% ownership in
   di kedua perusahaan tersebut, memperkuat integrasi               both companies, strengthening its integration and
   dan kendali di seluruh operasional logistiknya.                  control across its logistics operations.




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                                             Ikhtisar Kinerja                     Laporan Manajemen            Profil Perusahaan
                                             Performance Highlights               Management Reports           Company Profile




4. Melalui PT Krakatau Chandra Energi, Perseroan                       4. The Company added 4.7 MWp of solar power plant
   menambahkan 4,7 MWp Pembangkit Listrik Tenaga                          capacity in Cilegon through Krakatau Chandra
   Surya (PLTS) di Cilegon, meningkatkan total kapasitas                  Energi, increasing its solar power plant capacity to
   tenaga surya menjadi 11 MWp dan mengurangi emisi                       11 MWp and reducing carbon emissions by nearly
   karbon hampir 10.000 ton setiap tahun—setara                           10,000 tons annually — equivalent to the carbon
   dengan penyerapan karbon lebih dari 469.000                            absorption of more than 469,000 trees.
   pohon.
5. Perseroan mengakuisisi aset gudang dan tanah di                     5. The Company acquired warehouse and land assets
   Kawasan Industri Krakatau I, Cilegon, Banten pada                      in the Krakatau Industrial Estate I, Cilegon, Banten,
   30 Oktober 2025, untuk pengembangan bisnis                             on 30 October 2025, for the development of its
   pergudangan.                                                           warehousing business.
6. Untuk memajukan integrasi infrastruktur, Perseroan                  6. In order to advance its infrastructure integration,
   membangun fasilitas tangki bitumen dengan                              the Company built a bitumen tank facility with a
   kapasitas total 12.000 m3 untuk menyediakan                            total capacity of 12,000 m3, which provided the
   infrastruktur industri terintegrasi guna mendukung                     Company with integrated industrial infrastructure
   penyimpanan dan distribusi bitumen di Indonesia.                       for supporting its storage and distribution of
                                                                          bitumen in Indonesia.

Perubahan Harga Saham                                                  Share Price Changes
Pada tahun 2025, Perseroan melakukan aksi korporasi                    In 2025, the Company undertook corporate actions in
berupa pemecahan nilai nominal saham (stock split)                     the form of a stock split and an Initial Public Offering
dan Penawaran Umum Perdana (IPO). Sebelum IPO,                         (IPO). Prior to the IPO, the nominal value of the Company’s
nilai nominal saham adalah Rp2.000.000 per lembar.                     shares was Rp2,000,000 per share. Based on the
Berdasarkan keputusan RUPS dan akta perubahan pada                     resolutions of the General Meeting of Shareholders and
Maret 2025, Perseroan melakukan pemecahan saham                        the Deed of Amendment in March 2025, the Company
sehingga nilai nominal menjadi Rp100 per lembar.                       conducted a stock split, changing the nominal value to
                                                                       Rp100 per share.

Selanjutnya, pada Juli 2025, Perseroan mencatatkan                     Subsequently, in July 2025, the Company listed its
sahamnya di Bursa Efek Indonesia melalui IPO dengan                    shares on the Indonesia Stock Exchange through an
jumlah 12.482.937.500 lembar saham dengan nilai                        Initial Public Offering (IPO), comprising 12,482,937,500
nominal Rp100 per saham.                                               shares with a nominal value of Rp100 per share.

Informasi Penghentian Saham Sementara                                  Temporary Stock Suspension Information

Selama tahun 2025, PT Bursa Efek Indonesia melakukan                   During 2025, the Indonesia Stock Exchange temporarily
penghentian sementara perdagangan saham Perseroan                      suspended trading of the Company’s shares on 17
pada tanggal 17 Juli 2025 serta 23–24 Juli 2025,                       July 2025, as well as 23-24 July 2025, in response to a
sehubungan dengan terjadinya peningkatan harga                         significant cumulative increase in share price, as part of
saham secara kumulatif yang signifikan, sebagai bagian                 the Exchange’s mechanism to manage market volatility
dari mekanisme Bursa dalam meredam dinamika yang                       and protect investors.
berkembang demi melindungi investor.




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          Analisis dan Pembahasan Manajemen                               Tata Kelola Perusahaan                                    Laporan Keuangan
          Management Discussion and Analysis                              Good Corporate Governance                                 Financial Reports




Penghargaan dan Sertifikasi
Awards and Certifications




   Penghargaan | Award




           Penghargaan Perusahaan Nihil                          Penghargaan Perusahaan Nihil                  Penghargaan ‘Gold’ Panitia Pembina
                Kecelakaan Kerja                                      Kecelakaan Kerja                       Keselamatan dan Kesehatan Kerja (P2K3)
            Award for Zero Workplace Accidents                    Award for Zero Workplace Accidents          Gold Award Occupational Safety and Health Advisory
                                                                                                                             Committee (P2K3)
            PT Krakatau Chandra Energi                             PT Redeco Petrolin Utama
                                                                                                                      PT Redeco Petrolin Utama
            Penganugerahan Penghargaan                            Penganugerahan Penghargaan
           Keselamatan dan Kesehatan Kerja                       Keselamatan dan Kesehatan Kerja                    Penganugerahan Penghargaan
             Tingkat Provinsi Banten 2025                          Tingkat Provinsi Banten 2025                   Keselamatan dan Kesehatan Kerja
         Occupational Safety and Health Award                  Occupational Safety and Health Award                  Tingkat Provinsi Banten 2025
              2025 from Banten Province                             2025 from Banten Province                          Occupational Safety and
                                                                                                               Health Award 2025 from Banten Province
           Pemerintah Provinsi Banten                            Pemerintah Provinsi Banten
          Banten Provincial Government                          Banten Provincial Government                        Pemerintah Provinsi Banten
                                                                                                                   Banten Provincial Government




                       Penghargaan Perusahaan Nihil                                             Penghargaan Kategori 'Platinum'
                            Kecelakaan Kerja                                                   Panitia Pembina Keselamatan dan
                       Zero Workplace Accident Company Award                                        Kesehatan Kerja (P2K3)
                                                                                               Platinum Category Award for the Occupational
                           PT Krakatau Tirta Industri                                                Safety and Health Committee (P2K3)


                        Penganugerahan Penghargaan                                                     PT Krakatau Tirta Industri
                       Keselamatan dan Kesehatan Kerja
                         Tingkat Provinsi Banten 2025                                              Penganugerahan Penghargaan
                      2025 Banten Province Occupational                                           Keselamatan dan Kesehatan Kerja
                           Safety and Health Award                                                  Tingkat Provinsi Banten 2025
                                                                                                 2025 Banten Province Occupational
                        Pemerintah Provinsi Banten                                                    Safety and Health Award
                       Banten Provincial Government
                                                                                                   Pemerintah Provinsi Banten
                                                                                                  Banten Provincial Government




PT Chandra Daya Investasi Tbk                                                  15                                           2025 Laporan Tahunan | Annual Report
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                                                 Ikhtisar Kinerja                       Laporan Manajemen                      Profil Perusahaan
                                                 Performance Highlights                 Management Reports                     Company Profile




Sertifikasi | Certifications




         SNI ISO 9001:2015                              SNI ISO 14001:2015                                   SNI ISO 45001:2018
        PT Krakatau Daya Listrik                       PT Krakatau Daya Listrik                           PT Krakatau Daya Listrik
           (saat ini/currently                            (saat ini/currently                                (saat ini/currently
      PT Krakatau Chandra Energi)                    PT Krakatau Chandra Energi)                        PT Krakatau Chandra Energi)

               PT Sucofindo                                    PT Sucofindo                                         PT Sucofindo
         23 Maret 2026 | 23 March 2026                  23 Maret 2026 | 23 March 2026                        23 Maret 2026 | 23 March 2026




        SNI ISO 37001:2016                          SNI ISO/IEC 17025:2017                                   SNI ISO 37001:2016
                                                                                                       Sistem Manajemen Anti Penyuapan
                                                     (ISO/IC 17025:2017)
        PT Krakatau Daya Listrik                                                                       Anti-Bribery Management System
           (saat ini/currently                         PT Krakatau Tirta Industri
      PT Krakatau Chandra Energi)                                                                            PT Krakatau Tirta Industri
                                                     Komite Akreditasi Nasional
               PT Sucofindo                      National Accreditation Committee                                   PT Sucofindo
         23 Maret 2026 | 23 March 2026              18 September 2027 | 18 September 2027                    1 Februari 2027 | 1 February 2027




         SNI ISO 9001:2015                              SNI ISO 14001:2015                                       ISO 9001:2015
  Sistem Manajemen Mutu–Persyaratan             Sistem Manajemen Lingkungan-Persyaratan
Quality Management System–Requirements                  dengan Panduan Penggunaan                            PT SCG Barito Logistics
                                                    Environmental Management System–
        PT Krakatau Tirta Industri                   Requirements with User Guidelines
                                                                                                              Amtivo Group Limited
                                                                                                             24 Maret 2026 | 24 March 2026
               PT Sucofindo                            PT Krakatau Tirta Industri
     29 Desember 2027 | 29 December 2027
                                                               PT Sucofindo
                                                    29 Desember 2027 | 29 December 2027




2025 Laporan Tahunan | Annual Report                                  16                                                  PT Chandra Daya Investasi Tbk
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         Analisis dan Pembahasan Manajemen                         Tata Kelola Perusahaan                         Laporan Keuangan
         Management Discussion and Analysis                        Good Corporate Governance                      Financial Reports




  Sertifikasi | Certifications




         Sistem Manajemen                           Sertifikasi Halal untuk Jasa                    SMK3 (Sistem Manajemen
      Keselamatan Perusahaan                              Pendistribusian                        Keselamatan dan Kesehatan Kerja
          Angkutan Umum                          Halal Certification for Distribution Services        Occupational Health and Safety
    Safety Management System for Public                                                                Management System (SMK3)
         Transportation Companies                        PT SCG Barito Logistics
                                                                                                     PT Krakatau Tirta Industri (KTI)
                                                         Majelis Ulama Indonesia
          PT SCG Barito Logistics
                                                        Indonesian Ulema Council                     Kementerian Ketenagakerjaan
                                                         23 Maret 2026 | 23 March 2026                    Republik Indonesia
         Kementerian Perhubungan
                                                                                                        Ministry of Manpower of
         Ministry of Transportation                                                                    the Republic of Indonesia
          23 Maret 2026 | 23 March 2026
                                                                                                          9 Juni 2026 | 9 June 2026




    Sertifikasi Penyelenggaraan                   Sertifikasi Pengawasan Izin                       SNI ISO 9001 : 2015, SNI ISO
     Angkutan Barang Khusus                     Penyelenggara Angkutan Barang                      14001 : 2018 & SNI ISO 45001 :
    Special Goods Transportation Service                 Berbahaya (B3)
                Certification                                                                                   2018
                                              Dangerous Goods Transportation Service Permit
                                                      Supervision Certification (B3)
          PT SCG Barito Logistics                                                                      PT Redeco Petrolin Utama
                                                         PT SCG Barito Logistics
     Menteri Perhubungan Republik
                 Indonesia                     Menteri Perhubungan Republik Indonesia
     Minister of Transportation of the        Minister of Transportation of the Republic of
          Republic of Indonesia                                 Indonesia
                       n/a                                            n/a




                                              Sertifikasi ISPS Code (International
                                              Ship and Port Facility Security Code
                                               ISPS Code (International Ship and Port Facility
                                                       Security Code) Certification

                                                       PT Redeco Petrolin Utama




PT Chandra Daya Investasi Tbk                                         17                                  2025 Laporan Tahunan | Annual Report
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                                             Ikhtisar Kinerja                          Laporan Manajemen                        Profil Perusahaan
                                             Performance Highlights                    Management Reports                       Company Profile




Ikhtisar Peristiwa Penting 2025
Overview of Important Events In 2025




   21 Maret 2025 | 21 March 2025        Redeco Petrolin Utama Tunjuk Manajemen Baru
                                        PT Redeco Petrolin Utama (RPU) telah menunjuk manajemen baru, dengan rincian: Lingga Widastri sebagai Direktur
                                        Utama, Alexander Ronny Moniaga sebagai Wakil Direktur Utama, Salikim sebagai Direktur, dan Paulus Iwan Setiawan
                                        sebagai Direktur.

                                        RPU merupakan anak usaha milik CDI Group dengan aset 2 (dua) dermaga masing-masing 200 meter LOA (length
                                        overall) yang sesuai untuk kapal berukuran hingga 35.000 DWT (deadweight tonnage) dengan draft 10 meter. RPU
                                        juga menyediakan jasa storage (tangki) untuk produk-produk petrokimia dan refined petroleum.

                                        Redeco Petrolin Utama Appoints New Management
                                        PT Redeco Petrolin Utama (RPU) appointed new management, comprising Lingga Widastri as President Director,
                                        Alexander Ronny Moniaga as Vice President Director, Salikim as Director, and Paulus Iwan Setiawan as Director.

                                        Redeco Petrolin Utama is a subsidiary of CDI Group, with assets that include two jetties, each measuring 200 meters
                                        in length overall (LOA), capable of accommodating vessels up to 35,000 deadweight tonnage (DWT) with a draft of 10
                                        meters. RPU also provides storage services for petrochemical and refined petroleum products.


     15 April 2025 | 15 April 2025      CDI Group dapat Tambahan Modal
                                        CDI Group menerima penambahan modal sebesar US$185 juta, dengan rincian: dari Chandra Asri Group sebesar
                                        US$90 juta dan EGCO Group US$95 juta. Dukungan ini memperkuat posisi CDI Group sebagai entitas special
                                        purpose vehicle yang berfokus pada investasi infrastruktur strategis di kawasan Asia Tenggara.

                                        Investasi tambahan tersebut menjadi bukti kepercayaan terhadap potensi CDI Group dalam jangka panjang, sekaligus
                                        memperkuat komitmen perusahaan terhadap pembangunan infrastruktur yang berkelanjutan dan berwawasan
                                        lingkungan di Asia Tenggara.

                                        CDI Group receives Additional Capital Injection
                                        CDI Group received a capital injection of US$185 million, consisted of US$90 million from Chandra Asri Group and
                                        US$95 million from EGCO Group. This support strengthens CDI Group's position as a special purpose vehicle focused
                                        on strategic infrastructure investments in Southeast Asia.

                                        This additional investment reflects strong confidence in CDI Group’s long term potential, while reinforcing the
                                        Company's commitment to developing sustainable and environmentally responsible infrastructure development in
                                        Southeast Asia.


     21 April 2025 | 21 April 2025      CDI Group Selesaikan Akuisisi PT Barito Investa Prima
                                        Pada 21 April 2025, CDI Group bersama PT Buana Primatama Niaga (BPN) telah menyelesaikan akuisisi 100% saham
                                        PT Barito Investa Prima (BIP) dengan nilai transaksi Rp90 Miliar atau sebanyak 20.400 lembar saham dari PT Barito
                                        Pacific dan PT Griya Idola.

                                        Akuisisi ini bertujuan untuk memperkuat portofolio logistik darat dan infrastruktur CDI Group. BIP yang bergerak
                                        di bidang pergudangan dan penyimpanan, akan melengkapi platform logistik terintegrasi milik CDI Group.
                                        Langkah strategis ini memperluas kapasitas layanan, meningkatkan integrasi rantai nilai, dan memperkuat strategi
                                        pertumbuhan keberlanjutan jangka panjang perusahaan.

                                        CDI Group Completes Acquisition of PT Barito Investa Prima
                                        On 21 April 2025, CDI Group, together with PT Buana Primatama Niaga (BPN), completed the acquisition of 100%
                                        of the shares of PT Barito Investa Prima (BIP) from PT Barito Pacific and PT Griya Idola, representing 20,400 shares
                                        with a total transaction value of Rp90 billion.

                                        This acquisition aims to strengthen CDI Group's land logistics and infrastructure portfolio. Operating in the
                                        warehousing and storage sector, BIP will complement CDI Group's integrated logistics platform. This strategic move
                                        expands service capacity, enhances value chain integration, and strengthen the company's long-term sustainable
                                        growth strategy.


       1 Mei 2025 | 1 May 2025          CDI Group Mulai Bisnis Cold Storage
                                        CDI Group melalui PT Chandra Cold Chain (CCC) mulai menjalankan bisnis cold storage. Lini usaha ini menghadirkan
                                        solusi penyimpanan dingin (cold storage) yang unggul untuk mendukung industri pangan.

                                        Kehadiran layanan ini menjadi bagian penting dalam menjaga kualitas produk, mulai dari bahan pangan beku, produk
                                        olahan, hingga produk susu yang memerlukan penanganan khusus pada suhu tertentu. Dengan fasilitas cold storage
                                        modern dan sistem pengendalian suhu yang terstandar, CCC memastikan kesegaran dan mutu produk tetap terjaga
                                        sepanjang proses penyimpanan hingga distribusi.

                                        CDI Group Starts Cold Storage Business
                                        Through PT Chandra Cold Chain (CCC), CDI Group has started a cold storage business. This business line provides
                                        cold storage solutions to support the food industry.

                                        CCC’s service plays an important role in maintaining product quality, ranging from frozen foods and processed
                                        products to dairy products that require special handling at specific temperatures. Supported with modern cold
                                        storage facilities and a standardized temperature control systems, CCC ensures product freshness and stable
                                        quality throughout the storage and distribution process.




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         Analisis dan Pembahasan Manajemen                            Tata Kelola Perusahaan                                       Laporan Keuangan
         Management Discussion and Analysis                           Good Corporate Governance                                    Financial Reports




    19 Juni 2025 | 19 June 2025               CDI Group Umumkan IPO
                                              CDI Group mengumumkan rencana penawaran umum perdana (IPO) saham Perseroan di Bursa Efek Indonesia. CDI
                                              Group menawarkan sebanyak-banyaknya 12.482.937.500 lembar saham biasa atas nama, atau sebanyak-banyaknya
                                              setara dengan 10,00% dari modal disetor penuh setelah IPO, dengan kisaran harga penawaran Rp170-190 per saham.

                                              Masa penawaran awal berlangsung pada 19-24 Juni 2025, dengan target dana maksimal mencapai Rp2,37 triliun.
                                              Dana itu akan digunakan untuk ekspansi sektor logistik serta pengembangan pelabuhan dan fasilitas penyimpanan
                                              industri.

                                              CDI Group Announces IPO
                                              CDI Group announced its plans for an Initial Public Offering (IPO) of its shares on the Indonesia Stock Exchange. CDI
                                              Group offers up to 12,482,937,500 registered common shares, which represented 10.00% of the issued and fully
                                              paid-up capital after the IPO, with an offering price range of Rp 170-190 per share.

                                              The bookbuilding period took place from 19-24 June 2025, with targeted maximum amount of Rp2.37 trillion in
                                              proceeds. The funds will be allocated to support expansion in the logistics sector, as well as the development of port
                                              and industrial storage facilities.


    23 Juni 2025 | 23 June 2025               CDI Group Operasikan Vesel Pengangkut Gas Ethylene untuk Perkuat Integrasi Rantai Pasok Petrokimia
                                              CDI Group melalui anak usahanya, PT Chandra Shipping International (CSI), resmi mengoperasikan 2 (dua) kapal
                                              pengangkut gas Ethylene. Armada ini merupakan bagian dari langkah strategis Perseroan dalam memperkuat layanan
                                              logistik maritim di kawasan Asia Tenggara. Inisiatif tersebut sejalan dengan strategi Perseroan dalam mendorong
                                              pertumbuhan jangka panjang serta memperluas portofolio bisnis yang terdiversifikasi di sektor infrastruktur. Selain
                                              itu, keberadaan armada ini turut mendukung kelancaran distribusi bahan baku petrokimia bagi Chandra Asri Group.
                                              Hingga Juni 2025, CSI telah mengkoperasikan 8 (delapan) kapal kimia dan gas serta tengah mengkaji ekspansi ke
                                              sektor manajemen dan pemeliharaan kapal..

                                              CDI Group Operates Ethylene Gas Carrier Vessels to Strengthen Petrochemical Supply Chain Integration
                                              CDI Group subsidiary, PT Chandra Shipping International (CSI) officially commenced operations of 2 (two) ethylene
                                              gas carrier vessels. This fleet is part of the Company’s strategic initiatives to strengthen its maritime logistics
                                              services across Southeast Asia. The initiative is aligned with the Company’s strategy to drive long-term growth and
                                              expand its diversified infrastructure business portfolio. In addition, the fleet supports the smooth distribution of
                                              petrochemical raw materials for the Chandra Asri Group.In addition to supporting the group's internal needs, CSI's
                                              services have available to external parties. As of June 2025, CSI operated eight chemical and gas vessels and is
                                              currently exploring possible expansion into the ship management and maintenance sector.



   30 Juni 2025 | 30 June 2025                KCE Jajaki Studi Pembangkit Hidrogen bersama HDF Energy dan Air Liquide
                                              PT Krakatau Chandra Energi (KCE), anak usaha CDI Group, bersama dengan Air Liquide Indonesia, dan HDF Energy
                                              resmi menandatangani nota kesepahaman (MoU) untuk melakukan studi kelayakan bersama terkait pemanfaatan
                                              hidrogen sebagai sumber energi pembangkit listrik berbasis teknologi fuel cell. Kolaborasi multi stakeholder ini
                                              melibatkan keahlian KCE di bidang kelistrikan, Air Liquide dalam bidang industri gas dan teknologi serta HDF Energy
                                              sebagai pengembang pembangkit listrik berbasis fuel cell hidrogen.

                                              Proyek “Hydrogen to Power” ini berpotensi menjadikan KCE sebagai pioner penyedia energi listrik dan hidrogen
                                              di kawasan industri, dengan teknologi yang menghasilkan emisi nol bersih. Hasil dari studi akan menjadi fondasi
                                              strategis dalam pengambilan keputusan investasi serta mendukung roadmap transisi energi nasional menuju emisi
                                              karbon yang lebih rendah.

                                              KCE Explores Hydrogen Generation Study with HDF Energy and Air Liquide
                                              PT Krakatau Chandra Energi (KCE), a subsidiary of CDI Group, together with Air Liquide Indonesia and HDF Energy,
                                              officially signed a Memorandum of Understanding (MoU) to conduct a joint feasibility study on the utilization of
                                              hydrogen as an energy source for power generation using fuel cell technology. This multi-stakeholder collaboration
                                              combines KCE’s expertise in the power sector, Air Liquide’s capabilities in industrial gases and technology, and HDF
                                              Energy’s experience as a developer of hydrogen fuel cell–based power plants.

                                              The “Hydrogen to Power” project has the potential to position KCE as a pioneer in providing electricity and hydrogen
                                              energy within industrial areas, using technology that enables net-zero emissions. The study results will serve as a
                                              strategic foundation for future investment decisions and support the national energy transition roadmap toward
                                              lower carbon emissions.


      1 Juli 2025 | 1 July 2025               CDI Group Tetapkan Harga Penawaran Saham Perdana
                                              CDI Group menetapkan harga penawaran umum perdana (IPO) saham Perseroan, yakni sebesar Rp190 per saham,
                                              dengan total penawaran sebanyak 12.482.937.500 lembar saham senilai Rp2,37 triliun. Penawaran umum berlangsung
                                              pada 2-7 Juli 2025 dijadwalkan mulai tercatat di Bursa Efek Indonesia (BEI) dengan kode saham “CDIA” pada 9 Juli
                                              2025.

                                              CDI Group mengelola aset strategis di bidang energi, air, kepelabuhanan dan penyimpanan, dan logistik melalui
                                              entitas anak, dengan dukungan kontrak jangka panjang bersama dengan mitra bereputasi tinggi. IPO ini ditujukan
                                              untuk memperkuat struktur modal, percepatan ekspansi, dan peningkatan kontribusi terhadap pembangunan
                                              infrastruktur di Asia Tenggara.

                                              CDI Group Sets Initial Public Offering Price
                                              CDI Group set the offering price for its initial public offering (IPO) at Rp190 per share, with a total of 12,482,937,500
                                              shares offered, raising proceeds of Rp2.37 trillion. The public offering took place from 2-7 July 2025, and was
                                              scheduled to be listed on the Indonesia Stock Exchange (IDX) under the ticker code "CDIA" on 9 July 2025.

                                              CDI Group manages strategic assets in the energy, water, ports and storage, and logistics sectors through its
                                              subsidiaries, supported by long-term contracts with reputable partners. The IPO was designed to strengthen
                                              its capital structure, accelerate expansion, and enhance its contribution to infrastructure development across
                                              Southeast Asia.




PT Chandra Daya Investasi Tbk                                              19                                             2025 Laporan Tahunan | Annual Report
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                                            Ikhtisar Kinerja                           Laporan Manajemen                        Profil Perusahaan
                                            Performance Highlights                     Management Reports                       Company Profile




     9 Juli 2025 | 9 July 2025         CDI Group Resmi Tercatat di BEI
                                       Pada 9 Juli 2025, CDI Group resmi mencatatkan sahamnya di Bursa Efek Indonesia (BEI) dengan kode saham “CDIA.”
                                       Antusiasme pasar yang tinggi tercermin dari tingkat oversubscription sebesar 563,64 kali selama masa penawaran,
                                       yang berlangsung dari tahap book building (19-24 Juni 2025) hingga penawaran umum perdana (2-7 Juli 2025). IPO
                                       ini berhasil menghimpun dana sebesar Rp2,37 triliun melalui penerbitan 12.482.937.500 saham baru dengan harga
                                       Rp190 per saham.

                                       Dana hasil IPO akan digunakan untuk memperkuat lini bisnis anak perusahaan CDI Group, khususnya di bidang
                                       logistik, operasional kepelabuhanan, dan penyimpanan. Sebagai anak perusahaan dari Chandra Asri Group dan EGCO
                                       Group asal Thailand, CDI Group berkomitmen untuk menjadi penyedia solusi infrastruktur terintegrasi di kawasan
                                       Asia Tenggara.

                                       CDI Group Officially Listed on the Indonesia Stock Exchange
                                       On 9 July 2025, CDI Group officially listed its shares on the Indonesia Stock Exchange (IDX) with the ticker code
                                       "CDIA." Strong market enthusiasm was reflected in an oversubscription rate of 563.64 times during the offering
                                       period, which spanned from the bookbuilding phase (19-24 June 2025) to the public offering period (2-7 July 2025).
                                       The IPO successfully raised Rp2.37 trillion through an issuance of 12,482,937,500 new shares at a price of Rp190 per
                                       share.

                                       The IPO proceeds will be allocated to strengthen the business lines of CDI Group's subsidiaries, particularly in
                                       logistics, port operations and storage. As a subsidiary of Chandra Asri Group and Thailand-based EGCO Group,
                                       CDI Group is committed to becoming an integrated infrastructure solutions provider in the Southeast Asia region.

      18 Juli 2025 | 18 July 2025      CDI Group Siapkan Kapal Kimia Baru
                                       CDI Group memperkuat kapabilitas bisnis logistiknya melalui penambahan 2 (dua) chemical vessel berkapasitas
                                       9.000 DWT yang sedang diproduksi di Jepang. Kedua kapal tersebut berbendera Indonesia untuk mendukung
                                       fleksibilitas layanan, mengoptimalkan efisiensi operasional, dan sekaligus memastikan kepatuhan terhadap regulasi
                                       maritim.

                                       Armada baru ini akan memperkuat konektivitas distribusi di Indonesia dan Asia Tenggara serta membuka peluang
                                       ekspansi ke pasar global. Kapal tersebut dijadwalkan beroperasi pada Semester I-2026. Dengan armada baru
                                       berstandar internasional, CDI Group tidak hanya memperluas kapasitas sektor logistik namun juga memperkuat
                                       Indonesia sebagai hub distribusi regional untuk industri kimia.

                                       CDI Group Prepares New Chemical Vessels
                                       CDI Group strengthening its logistics business capabilities through the addition of 2 (two) 9,000 DWT chemical
                                       vessels currently being manufactured in Japan. Both vessels are registered under Indonesian flags and operate
                                       across regional routes to support service flexibility, optimize operational efficiency, and ensure compliance with
                                       maritime regulations.

                                       These new vessels are designed to strengthen distribution connectivity across Indonesia and Southeast Asia, while
                                       also opening opportunities for expansion into global markets. The vessels are scheduled to operate in the first half
                                       of 2026. With these internationally standardized vessels, CDI Group is not only expanding its logistics capacity but
                                       also reinforcing Indonesia’s position as a regional distribution hub for the chemical industry.


 1 Oktober 2025 | 1 October 2025       CDI Group Akuisisi Chandra Shipping International dan Marina Indah Maritim
                                       CDI Group telah menuntaskan akuisisi PT Chandra Shipping International (CSI) dan PT Marina Indah Maritim
                                       (MIM). Saham CSI diakuisisi dari PT Buana Primatama Niaga (BPN) sebanyak 9.684.758 lembar saham dengan nilai
                                       transaksi sebesar Rp1,5 triliun. Perseroan juga telah melakukan pengambilalihan saham MIM dari BPN sebanyak
                                       11.864.943 lembar saham dengan nilai transaksi sebesar Rp1,2 triliun.

                                       Setelah akuisisi tersebut, kepemilikan saham Perseroan di CSI dan MIM masing-masing menjadi 99,99%.

                                       CDI Group Acquires Chandra Shipping International and Marina Indah Maritim
                                       CDI Group has completed the acquisition of PT Chandra Shipping International (CSI) and PT Marina Indah Maritim
                                       (MIM). A total of 9,684,758 CSI shares were acquired from PT Buana Primatama Niaga (BPN) for a transaction value
                                       of Rp1.5 trillion. The Company also acquired 11,864,943 shares MIM from BPN for a transaction value of Rp1.2 trillion.

                                       Following this acquisition, the Company's share ownership in CSI and MIM each increased to 99.99% each entity.


30 Oktober 2025 | 30 October 2025      CDI Group Perluas Bisnis Pergudangan
                                       PT Chandra Warehouse Cilegon (CWC), entitas di bawah pengendalian CDI Group yang bergerak di bidang
                                       pergudangan dan penyimpanan, membeli beberapa bidang tanah beserta gudang dengan total seluas 51.128
                                       m², dengan fasilitas gudang terbangun di atasnya seluas 30.091 m². Aset tersebut berlokasi di Kawasan Industri
                                       Krakatau I, Kota Cilegon, Provinsi Banten.

                                       Aset tersebut dibeli dari PT Panca Puri Perkasa (PPP), perusahaan afiliasi Perseroan yang bergerak di bidang
                                       pengangkutan dan pergudangan, jasa, konstruksi atau pembangunan, real estat, dan perdagangan. Aset tersebut
                                       akan digunakan untuk mengembangkan kegiatan usaha pergudangan dan kegiatan operasional CWC.

                                       CDI Group Expands Warehousing Business
                                       PT Chandra Warehouse Cilegon (CWC), a warehousing and storage entity under CDI Group, purchased several plots
                                       of land and warehouse with a total area of 51,128 m2, with warehouse facilities built on the site totaling 30,091 m2.
                                       The assets are located in the Krakatau Industrial Estate I, Cilegon City, Banten Province.

                                       The assets were acquired from PT Panca Puri Perkasa (PPP), an affiliated company engaged in transportation and
                                       warehousing, services, construction, real estate, and trading. The land will be utilized to support the development
                                       of CWC’s warehousing business and operational activities.




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24 November 2025 | 24 November 2025            CDI Group Tambah Kapasitas PLTS Ground-Mounted
                                               CDI Group, melalui anak usaha PT Krakatau Chandra Energi (KCE), resmi mengoperasikan Pembangkit Listrik Tenaga
                                               Surya (PLTS) ground-mounted berkapasitas 4,7 MWp di Cilegon, Banten. Fasilitas ini menambah total kapasitas
                                               PLTS CDI Group menjadi 11 MWp dan menandai langkah penting sebagai pemasok energi yang mendukung aktivitas
                                               industri di Kawasan Industri Krakatau, Cilegon, Banten.

                                               PLTS ground-mounted ini memanfaatkan lahan seluas 5 hektar. Proyek ini menunjukkan bahwa area non-produktif
                                               dapat diubah menjadi sumber energi bersih. Pengoperasian PLTS 4,7 MWp tersebut diperkirakan mampu
                                               mengurangi emisi karbon hingga 5.086,74 ton CO2eq per tahun, setara dengan kemampuan penyerapan lebih dari
                                               243 ribu pohon.

                                               CDI Group Expands Ground-Mounted Solar Power Plant
                                               CDI Group, through its subsidiary PT Krakatau Chandra Energi (KCE) has officially begun operations of its additional
                                               4.7 MWp ground-mounted solar power plant (PLTS) in Cilegon, Banten. This facility increases CDI Group’s total
                                               installed solar power capacity to 11 MWp and marks a significant step in its role as an energy provider supporting
                                               industrial activities in the Krakatau Industrial Estate, Cilegon, Banten.

                                               The ground-mounted solar power plant utilises a 5-hectares of land demonstrating that non-productive areas can
                                               be converted into clean energy sources. The operation of the 4.7 MWp solar power plant is expected to reduce
                                               carbon emissions by up to 5,086.74 tons of CO2eq per year, equivalent to the absorption capacity of more than
                                               243 thousand trees.



 2 Desember 2025 | 2 December 2025             CDI Group Bangun Fasilitas Tangki Bitumen
                                               CDI Group, melalui PT Redeco Petrolin Utama (RPU), resmi memulai pembangunan fasilitas tangki bitumen
                                               berkapasitas total 12.000 m³. Langkah ini menjadi bagian dari upaya CDI Group menghadirkan infrastruktur industri
                                               yang terintegrasi dan mendukung kebutuhan penyimpanan serta distribusi bitumen di Indonesia.

                                               Fasilitas ini ditargetkan beroperasi pada kuartal III-2026. Melalui fasilitas tangki bitumen ini, RPU sebagai
                                               perusahaan penyedia layanan terminal dan penyimpanan akan mengelola 75 tangki penyimpanan untuk berbagai
                                               produk, mulai dari petrokimia hingga minyak bumi, dengan bitumen sebagai tambahan terbaru.

                                               CDI Group Constructs Bitumen Tank Facility
                                               CDI Group, through PT Redeco Petrolin Utama (RPU), officially begun construction of a bitumen tank facility with
                                               a total capacity of 12,000 m³. This initiative forms part of CDI Group's efforts to provide integrated industrial
                                               infrastructure that could support the storage and distribution needs of bitumen in Indonesia.

                                               The facility is expected to begin operations in the third quarter of 2026. Through this bitumen tank facility,
                                               RPU as a terminal and storage services provider will manage 75 storage tanks for various products spanning
                                               petrochemicals to petroleum, with bitumen being the latest addition.



30 Desember 2025 | 30 December 2025            CDI Group Tambah 50 Truk Baru
                                               PT SCG Barito Logistics (SBL), anak usaha CDI Group telah memperluas operasi logistik daratnya melalui
                                               penambahan 50 truk baru. Ekspansi operasional untuk meningkatkan kapasitasnya melayani kargo umum dan
                                               meningkatkan keandalan pengiriman.

                                               Armada yang diperluas tersebut mendukung cakupan operasional Perseroan yang lebih luas di Jawa, Lampung,
                                               Sumatra Selatan, dan Bali, sehingga memperkuat konektivitas dan memungkinkan distribusi yang lebih efisien di
                                               koridor logistik utama di Indonesia.

                                               CDI Group Adds 50 New Trucks
                                               PT SCG Barito Logistics (SBL), a subsidiary of CDI Group has expanded its land logistics operations through the
                                               addition of 50 new trucks. Its operational expansion increases its capacity to serve general cargo and improve
                                               delivery reliability.

                                               The expanded fleet supports the Company's broader operational coverage in Java, Lampung, South Sumatra, and
                                               Bali, strengthening connectivity and enabling more efficient distribution along Indonesia’s key logistics corridors.




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Management Report
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Laporan Dewan Komisaris
Board of Commissioners Profile




Pemegang Saham dan Pemangku
Kepentingan yang terhormat,
Dear Valued Shareholders and Stakeholders,




Sebagai bagian dari pelaksanaan prinsip tata kelola                    As part of our commitment to the principles of good
perusahaan yang baik, pada kesempatan ini Dewan                        corporate governance, the Board of Commissioners
Komisaris menyampaikan laporan pelaksanaan tugas                       hereby presents its report on the execution of its
dan fungsinya, yakni pengawasan dan pemberian                          supervisory and advisory responsibilities over the
nasihat terhadap jalannya usaha PT Chandra Daya                        management and operations of PT Chandra Daya
Investasi Tbk (“Perseroan”, “CDI Group”) untuk tahun                   Investasi Tbk (the "Company",“CDI Group”) for the
buku 2025. Penyampaian laporan ini merupakan                           financial year 2025. This report reflects the Board of
bentuk dari akuntabilitas dan transparansi dari Dewan                  Commissioners’ accountability and transparency to
Komisaris kepada para pemegang saham dan seluruh                       our shareholders and all stakeholders.
pemangku kepentingan.

Sepanjang tahun 2025, Dewan Komisaris menilai                          Throughout 2025, the Board of Commissioners
bahwa Perseroan mampu menunjukkan kinerja yang                         observed that the Company delivered solid
solid di tengah kondisi eksternal yang masih diwarnai                  performance despite continued uncertainty in the
ketidakpastian. Meskipun dinamika global menghadirkan                  external condition.Amid evolving global dynamics
berbagai    tantangan,   CDI    Group     menunjukkan                  and emerging challenges, CDI Group demonstrated
ketangguhan dan konsistensi dalam menjalankan                          resilience and consistency in executing its business
strategi bisnisnya serta merealisasikan berbagai aksi                  strategy while successfully advancing several
korporasi yang menjadi fondasi pertumbuhan jangka                      corporate initiatives that will serve as key pillars for
panjang.                                                               the Company’s long-term growth.




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                                                                               Erry Riyana
                                                                               Hardjapamekas
                                                                               Presiden Komisaris
                                                                               President Commissioner




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Tantangan eksternal pada tahun 2025 terutama                           The external landscape in 2025 was shaped largely
dipengaruhi oleh kondisi perekonomian global yang                      by the still-dynamic global economic environment. In
masih bergerak dinamis. Dalam laporan “World Economic                  its World Economic Outlook report, the International
Outlook”, Dana Moneter Internasional (International                    Monetary Fund (IMF) projected global economic growth
Monetary Fund/IMF) memproyeksikan pertumbuhan                          of 3.2%, slightly lower than the 3.3% recorded in the
ekonomi dunia sebesar 3,2%, sedikit lebih rendah                       previous year. This reflects a moderate slowdown that
dibandingkan realisasi tahun sebelumnya sebesar 3,3%.                  continues to require vigilance and adaptive strategies
Kondisi ini mencerminkan perlambatan moderat yang                      from businesses worldwide.
tetap memerlukan kewaspadaan dan strategi adaptif
dari pelaku usaha.

Kendati demikian, kinerja pertumbuhan ekonomi                          Nevertheless, Indonesia’s economic growth remained
Indonesia tetap stabil dan solid. Badan Pusat Statistik                stable and resilient. Data from Statistics Indonesia
(BPS) mencatat, pertumbuhan ekonomi nasional sebesar                   (BPS) shows that the national economy grew by 5.11%
5,11% secara tahunan (year on year/yoy), meningkat                     year-on-year, an improvement from 5.03% in 2024. This
dibandingkan pertumbuhan tahun 2024 yang sebesar                       stability provides a positive foundation for the business
5,03%. Stabilitas ini memberikan landasan yang positif                 sector to continue expanding and pursuing growth
bagi dunia usaha untuk terus berkembang.                               opportunities.

Karena itu, Dewan Komisaris mengapresiasi dan menilai                  Against this current condition, the Board of
bahwa Direksi mampu mengatasi berbagai tantangan                       Commissioners commends the Board of Directors
yang ada. Salah satu pencapaian strategis pada tahun                   for its ability to navigate these challenges effectively.
2025 adalah keberhasilan penawaran umum perdana                        One of the Company’s most significant milestones in
saham (Initial Public Offering/IPO). Proses IPO berjalan               2025 was the successful completion of its Initial Public
lancar dan mencerminkan tingkat kepercayaan investor                   Offering (IPO). The IPO process proceeded smoothly and
yang tinggi terhadap CDI Group. Hal ini tercermin dari                 reflected strong investor confidence in CDI Group. This
tingkat kelebihan permintaan (oversubscription) hingga                 was evident in the exceptional level of oversubscription,
563,64 kali dengan total partisipasi sebanyak 400.126                  which reached 563.64 times, with participation from
investor sepanjang masa penawaran, baik pada periode                   400,126 investors throughout the offering period,
penawaran awal 19-24 Juni 2025 maupun penawaran                        including both the bookbuilding phase from 19–24 June
umum pada 2-7 Juli 2025.                                               2025 and the public offering period from 2–7 July 2025.

Tak kalah pentingnya, Dewan Komisaris memandang                        Equally important, the Board of Commissioners considers
bahwa salah satu pencapaian strategis CDI Group di                     one of CDI Group’s key strategic achievements in 2025
sepanjang tahun 2025 adalah kemajuan signifikan dalam                  to be the significant progress made in the Company’s
proses ekspansi dan integrasi aset yang dilakukan                      asset expansion and integration initiatives, which were
secara bertahap dan terstruktur. Inisiatif ini dijalankan              implemented in a gradual and structured manner. These
sebagai bagian dari agenda penguatan fundamental                       initiatives form part of the Company’s broader efforts
Perseroan, dengan fokus pada peningkatan sinergi                       to strengthen its business fundamentals, with a focus
antarunit usaha, optimalisasi pemanfaatan aset, serta                  on enhancing synergy across business units, optimizing
harmonisasi standar operasional dan tata kelola di                     asset utilization, and harmonizing operational standards
seluruh entitas Grup.                                                  and governance practices across all Group entities.

Sepanjang tahun 2025, integrasi tersebut tidak hanya                   Throughout 2025, this integration not only improved
meningkatkan efisiensi dan efektivitas operasional,                    operational efficiency and effectiveness but also
tetapi juga memperkuat konsolidasi model bisnis                        strengthened the consolidation of CDI Group’s business
CDI Group sebagai penyedia solusi infrastruktur                        model as an integrated infrastructure solutions
yang terintegrasi. Dewan Komisaris menilai bahwa                       provider. The Board of Commissioners believes that
keberhasilan integrasi aset ini menjadi fondasi penting                the successful integration of these assets has laid a
dalam membangun struktur usaha yang lebih solid dan                    strong foundation for building a more robust business
siap mendukung ekspansi di masa mendatang.                             structure, positioning the Company to support further
                                                                       expansion in the years ahead.




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Penilaian terhadap Kinerja Direksi                             Performance Assessment of The Board of
                                                               Directors

Dasar dan Hasil Penilaian                                      Basis and Results of the Assessment
Fungsi yang dijalankan Dewan Komisaris dalam                   The Board of Commissioners’ role in assessing the
memberikan penilaian terhadap Direksi dalam                    performance of the Board of Directors in managing
pengelolaan Perseroan merupakan mandat dari                    the Company is mandated by prevailing regulations,
peraturan perundang-undangan seperti tertuang                  including Law No. 40 of 2007 on Limited Liability
dalam Undang-Undang Nomor 40 Tahun 2007 tentang                Companies and Financial Services Authority Regulation
Perseroan Terbatas dan Peraturan Otoritas Jasa                 (POJK) No. 33/POJK.04/2014 concerning the Board of
Keuangan (POJK) No. 33/POJK.04/2014 tentang Direksi            Directors and Board of Commissioners of Issuers or
dan Dewan Komisaris Emiten atau Perusahaan Publik.             Public Companies.

Regulasi-regulasi    tersebut menjadi     landasan             These regulations provide the foundation for the Board
pelaksanaan fungsi Dewan Komisaris untuk melakukan             of Commissioners to carry out its supervisory function
pengawasan terhadap kebijakan pengurusan maupun                over both the policies adopted by management and
jalannya pengurusan Perseroan. Selain itu, Dewan               the overall conduct of the Company’s operations. In
Komisaris juga memberikan nasihat kepada Direksi               addition, the Board of Commissioners also provides
terhadap jalannya Perseroan.                                   advice to the Board of Directors in running the
                                                               Company’s management.

Dalam menjalankan fungsi pengawasan, Dewan Komisaris           In fulfilling its supervisory responsibilities, the Board
menjadikan pencapaian target kinerja dan pelaksanaan           of Commissioners primarily assesses the Board of
tanggung jawab Direksi sebagai dasar utama dalam               Directors based on the achievement of performance
memberikan penilaian. Parameter evaluasi mencakup              targets and the effective execution of their managerial
memonitor pelaksanaan Corporate Scorecard, tindak              responsibilities. The evaluation covers several key
lanjut atas keputusan Rapat Umum Pemegang Saham                parameters, including the monitoring of Corporate
(RUPS), penerapan tata kelola perusahaan yang baik,            Scorecard implementation, follow-up on resolutions
efektivitas sistem pengendalian internal, penerapan            of the General Meeting of Shareholders (GMS), the
kode etik dan nilai-nilai budaya Perseroan, serta              implementation of good corporate governance
pelaksanaan ketentuan perundang-undangan yang                  practices, the effectiveness of the internal control
berlaku. Pendekatan ini bertujuan untuk memastikan             system, the application of the Company’s code of
bahwa Perseroan dikelola secara prudent, akuntabel             ethics and cultural values, as well as compliance with
dan berorientasi pada pertumbuhan berkelanjutan.               applicable laws and regulations. This approach ensures
                                                               that the Company is managed prudently, accountably,
                                                               and with a strong commitment to sustainable growth.

Untuk tahun 2025, Dewan Komisaris menilai bahwa                For the financial year 2025, the Board of Commissioners
Direksi telah melaksanakan  pengelolaan CDI Group              considers that the Board of Directors has managed CDI
secara konsisten dan selaras dengan arah strategis             Group consistently and in alignment with the Company’s
Perseroan. Sepanjang tahun pelaporan, Perseroan                strategic direction. Throughout the reporting period, the
menunjukkan progres yang solid dalam memperkuat                Company demonstrated solid progress in strengthening
posisinya sebagai penyedia solusi infrastruktur                its position as an integrated infrastructure solutions
terintegrasi melalui pengembangan portofolio dan               provider through portfolio development and well-
ekspansi yang terukur.                                         measured expansion initiatives.

Penguatan tersebut tercermin dari langkah akuisisi dan         This progress was reflected in several strategic
ekspansi strategis pada berbagai lini bisnis Perseroan,        acquisitions and expansion initiatives across the
logistik, kepelabuhanan dan penyimpanan, termasuk              Company’s key business segments, including logistics,
penambahan armada transportasi laut serta unit                 port operations, and storage services. The Company
armada truk guna meningkatkan kapasitas layanan                expanded its maritime transportation fleet and added
logistik maritim dan darat. Perseroan juga memperluas          truck units to enhance both maritime and land logistics
portofolio usaha melalui pengembangan fasilitas                capabilities. In addition, CDI Group broadened its




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cold storage di Bitung, Tangerang, penambahan aset                     business portfolio through the development of cold
pergudangan di Cilegon, serta pembangunan fasilitas                    storage facilities in Bitung and Tangerang, the addition
tangki bitumen berkapasitas total 12.000 m³ untuk                      of warehouse assets in Cilegon, and the construction of
mendukung infrastruktur distribusi nasional. Di sektor                 bitumen storage tanks with a total capacity of 12,000
energi, kapasitas terpasang pembangkit listrik tenaga                  m³ to support national distribution infrastructure. In the
surya (PLTS) turut meningkat menjadi 11 MWp sebagai                    energy sector, the installed capacity of the Company’s
bagian dari penguatan portofolio energi berkelanjutan.                 solar power plants (PLTS) increased to 11 MWp, further
                                                                       strengthening its sustainable energy portfolio.

Dewan Komisaris memandang bahwa seluruh inisiatif                      The Board of Commissioners believes that these
tersebut tidak hanya memperkuat kapabilitas                            initiatives not only enhance the Company’s operational
operasional dan daya saing Perseroan, tetapi juga                      capabilities and competitiveness, but also reinforce
memperkuat struktur bisnis CDI Group sebagai platform                  CDI Group’s business structure as an integrated
solusi infrastruktur yang menunjang ekspansi usaha                     infrastructure solutions platform capable of supporting
serta menciptakan nilai tambah berkelanjutan bagi                      expansion while generating sustainable value for the
Grup dan para pemangku kepentingan.                                    Group and its stakeholders.

Dewan Komisaris juga menilai bahwa Direksi telah                       The Board of Commissioners also notes that the Board
menerapkan pengelolaan manajemen risiko yang                           of Directors has applied sound risk management
memadai dalam setiap pengambilan keputusan                             practices in its strategic decision-making. A disciplined
strategis. Penerapan manajemen risiko yang disiplin                    and structured approach to risk management plays
dan terstruktur menjadi faktor penting dalam menjaga                   a critical role in maintaining business resilience and
ketahanan usaha serta meningkatkan kepercayaan para                    strengthening stakeholder confidence in the Company.
pemangku kepentingan terhadap Perseroan. Hal ini                       This is fully aligned with CDI Group’s vision to become
sejalan dengan visi CDI Group untuk menjadi perusahaan                 the infrastructure solutions partner of choice in
solusi infrastruktur pilihan di Asia Tenggara.                         Southeast Asia.

Atas seluruh upaya, dedikasi dan pencapaian yang                       In recognition of the efforts, dedication, and
telah diraih sepanjang tahun buku 2025, Dewan                          achievements demonstrated throughout the financial
Komisaris menyampaikan apresiasi kepada Direksi.                       year 2025, the Board of Commissioners extends its
Dewan Komisaris meyakini bahwa pencapaian                              appreciation to the Board of Directors. The Board
tersebut telah memperkuat fundamental Perseroan                        believes that these accomplishments have further
serta mempersiapkan CDI Group untuk melanjutkan                        strengthened the Company’s fundamentals and
pertumbuhan yang berkelanjutan dan bernilai di masa                    positioned CDI Group to continue delivering sustainable
mendatang.                                                             and value-driven growth in the years ahead.

Pengawasan dalam Perumusan dan                                         Oversight of Strategy Formulation and
Implementasi Strategi oleh Direksi                                     Implementation
Fungsi pengawasan Dewan Komisaris merupakan mandat                     The supervisory role of the Board of Commissioners is
dari peraturan perundang-undangan. Di antaranya,                       mandated by applicable laws and regulations, including
Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014                   Financial Services Authority Regulation (POJK) No.
tentang Direksi dan Dewan Komisaris Emiten atau                        33/POJK.04/2014 concerning the Board of Directors
Perusahaan Publik. Regulasi ini mengamanatkan bahwa                    and Board of Commissioners of Issuers or Public
Dewan Komisaris bertanggung jawab atas pengawasan                      Companies. This regulation stipulates that the Board
terhadap kebijakan pengurusan Perseroan oleh Direksi.                  of Commissioners is responsible for overseeing the
                                                                       management policies implemented by the Board of
                                                                       Directors in conducting the Company’s operations.

Tahun 2025 merupakan periode yang sangat penting                       The year 2025 marked a pivotal moment for the
bagi Perseroan, seiring CDI Group memasuki babak baru                  Company as CDI Group entered a new chapter in its
dalam perjalanan usahanya, yakni menjadi perusahaan                    business journey by becoming a publicly listed company.
publik. Perubahan status ini tentu harus dikelola dengan               This transition represents a significant milestone and
baik, sehingga tingkat kepercayaan para pemangku                       must be managed effectively to further strengthen the
kepentingan terutama investor terhadap Perseroan                       confidence of stakeholders, particularly investors, in the
terus meningkat.                                                       Company’s long-term prospects.




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Untuk tujuan tersebut, Dewan Komisaris berpandangan             In this regard, the Board of Commissioners is of the
bahwa Direksi telah melaksanakan fungsi pengelolaan             view that the Board of Directors has carried out its
Perseroan dengan baik. Untuk itu, Dewan Komisaris               management responsibilities effectively. The Board
mengapresiasi berbagai inisiatif strategis yang                 appreciates the various strategic initiatives formulated
dirumuskan dan diimplementasikan Direksi sepanjang              and implemented by the Board of Directors throughout
tahun buku, yang dilakukan secara terencana, terukur            the financial year, which were executed in a structured,
dan selaras dengan arah strategi Perseroan.                     measured, and well-aligned manner with the Company’s
                                                                strategic direction.

Sepanjang pelaksanaan fungsi pengawasan, Dewan                  In the course of performing its supervisory function,
Komisaris juga mencermati bahwa perumusan dan                   the Board of Commissioners also observed that the
implementasi strategi yang dijalankan oleh Direksi telah        formulation and implementation of the Company’s
disertai penerapan manajemen risiko yang memadai.               strategies were supported by the application of
Pendekatan ini memerkuat kemampuan Perseroan dalam              sound risk management practices. This approach
mengantisipasi dan mengelola berbagai potensi risiko,           strengthens the Company’s ability to anticipate and
sekaligus membuka peluang pertumbuhan berkelanjutan             manage potential risks while creating opportunities for
dalam jangka panjang serta menciptakan nilai tambah             sustainable long-term growth and delivering optimal
optimal bagi seluruh pemangku kepentingan CDI Group.            value to all stakeholders of CDI Group.

Dewan Komisaris menilai bahwa Direksi telah berupaya            The Board of Commissioners believes that the Board
maksimal untuk tetap menjaga stabilitas dan                     of Directors has made every effort to maintain
pertumbuhan Perseroan. Selain itu, aspek keselamatan            the Company’s stability and growth. In addition,
dan kesehatan kerja tetap menjadi prioritas utama               occupational health and safety remains a key priority
Direksi, sebagai fondasi penting dalam mendukung                for the Board of Directors, serving as an important
keberlanjutan bisnis dan perlindungan terhadap seluruh          foundation for ensuring business sustainability and
karyawan Perseroan.                                             safeguarding the well-being of all employees.

Mekanisme Dewan Komisaris dalam Melakukan                       Mechanism of the Board of Commissioners
Pengawasan dan Pemberian Nasihat kepada                         in Supervising and Advising the Board of
Direksi                                                         Directors
Dalam menjalankan fungsi pengawasan dan pemberian               In carrying out its supervisory and advisory
nasihat, Dewan Komisaris menerapkan mekanisme                   responsibilities, the Board of Commissioners implements
koordinasi yang terstruktur baik forum formal seperti           a structured coordination mechanism through both
rapat gabungan dengan Direksi maupun komunikasi                 formal forums—such as joint meetings with the Board of
non-formal yang konstruktif.                                    Directors—and constructive informal communication.

Dewan Komisaris secara berkala menyelenggarakan                 The Board of Commissioners regularly convenes
rapat dan koordinasi bersama Direksi untuk membahas             meetings and coordination sessions with the Board
arah strategis, kebijakan utama, serta perkembangan             of Directors to discuss the Company’s strategic
implementasinya guna memastikan pencapaian target               direction, key policies, and the progress of their
yang telah ditetapkan dalam rencana bisnis Perseroan.           implementation. These discussions are aimed at
Melalui forum tersebut, Dewan Komisaris memberikan              ensuring the achievement of targets set out in the
pandangan, saran dan rekomendasi atas kebijakan serta           Company’s business plan. Through these forums, the
keputusan strategis yang diambil Direksi.                       Board of Commissioners provides views, guidance, and
                                                                recommendations on policies and strategic decisions
                                                                undertaken by the Board of Directors.

Sepanjang tahun 2025, Dewan Komisaris telah                     Throughout 2025, the Board of Commissioners held two
menyelenggarakan rapat gabungan dengan Direksi                  joint meetings with the Board of Directors. Through these
sebanyak 2 kali. Melalui mekanisme pengawasan dan               oversight and coordination mechanisms, the Board of
koordinasi yang telah dijalankan, Dewan Komisaris               Commissioners ensures that the Company’s operational
memastikan     bahwa     kegiatan    operasional   dan          activities and management practices are carried out in
pengelolaan Perseroan dapat berjalan sesuai dengan              accordance with good corporate governance principles
prinsip tata kelola yang baik serta mematuhi seluruh            and in compliance with all applicable regulations issued
ketentuan dari peraturan otoritas serta regulator.              by relevant authorities and regulators.




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Pandangan atas                   Prospek   Usaha           yang           Views on Business Prospects Prepared by
Disusun Direksi                                                           The Board of Directors

Dewan Komisaris telah menelaah secara komprehensif                        The Board of Commissioners has conducted a
atas prospek usaha dan rencana bisnis yang disusun                        comprehensive review of the business outlook and
oleh Direksi, termasuk Corporate Scorecard tahun                          business plan prepared by the Board of Directors,
2026. Berdasarkan hasil penelaahan tersebut, Dewan                        including the Company’s 2026 Corporate Scorecard.
Komisaris menilai bahwa rencana yang disusun                              Based on this review, the Board of Commissioners
telah mempertimbangkan dinamika industri, kondisi                         considers that the plan has taken into account industry
makroekonomi, serta potensi tantangan dan peluang                         dynamics, macroeconomic conditions, as well as
yang akan dihadapi Perseroan pada tahun mendatang.                        the potential challenges and opportunities that the
Rencana bisnis tersebut telah memperoleh persetujuan                      Company may face in the coming year. The business
Dewan Komisaris dan dinilai realistis, terukur serta                      plan has received the Board of Commissioners’ approval
selaras dengan arah strategis jangka panjang Perseroan.                   and is considered realistic, measurable, and aligned with
                                                                          the Company’s long-term strategic direction.

Dewan Komisaris juga meyakini bahwa strategi dan                          The Board of Commissioners is also confident that the
kebijakan strategis yang akan dijalankan Direksi telah                    strategies and key initiatives to be implemented by the
disertai penerapan manajemen risiko yang memadai.                         Board of Directors are supported by the application
Pendekatan ini menjadi elemen penting dalam menjaga                       of sound risk management practices. This approach
kesinambungan usaha serta memperkuat ketahanan                            is essential to maintaining business continuity and
Perseroan di tengah dinamika lingkungan bisnis.                           strengthening the Company’s resilience amid an
                                                                          evolving business environment.

Memasuki tahun 2026, Dewan Komisaris memandang                            Looking ahead to 2026, the Board of Commissioners
prospek usaha Perseroan tetap positif.           Dewan                    views the Company’s business prospects positively.
Komisaris senantiasa mendukung Direksi dalam                              The Board remains fully supportive of the Board of
mengoptimalkan momentum ekspansi Perseroan di                             Directors in optimizing the Company’s expansion
seluruh lini bisnis Perseroan, melanjutkan implementasi                   momentum across its business segments, continuing
pertumbuhan melalui ekspansi dan kemitraan strategis,                     its growth initiatives through expansion and strategic
serta peningkatan kapabilitas Perseroan.                                  partnerships, and further enhancing the Company’s
                                                                          operational capabilities.

Beragam inisiatif yang telah disiapkan pada tahun                         The various initiatives planned for 2026 represent
2026 tersebut merupakan upaya strategis untuk                             strategic efforts to sustain and improve profitability
mempertahankan dan meningkatkan profitabilitas,                           while fostering healthy and sustainable growth. With
sekaligus mendorong pertumbuhan yang sehat dan                            an increasingly solid foundation, the Company is
berkelanjutan. Dengan fondasi yang semakin kuat,                          well positioned to create long-term value and deliver
Perseroan diharapkan mampu menciptakan nilai tambah                       meaningful benefits to all stakeholders.
jangka panjang dan memberikan manfaat maksimal bagi
seluruh pemangku kepentingan.

Pandangan atas Penerapan Tata Kelola                                      View on The Implementation of Good
Perusahaan                                                                Corporate Governance
Dewan Komisaris memandang bahwa penerapan                                 The Board of Commissioners believes that the
tata kelola perusahaan yang baik (Good Corporate                          implementation of Good Corporate Governance (GCG)
Governance/GCG) merupakan fondasi terpenting dalam                        is the most fundamental pillar in ensuring business
memastikan keberlanjutan usaha dan penciptaan nilai                       sustainability and long-term value creation. Consistent
jangka panjang. Konsistensi dalam penerapan prinsip-                      application of GCG principles is essential to maintaining
prinsip GCG menjadi prasyarat penting dalam menjaga                       integrity, accountability, and transparency in the
integritas, akuntabilitas dan transparansi pengelolaan                    management of the Company, beginning with leadership
Perseroan, yang harus dimulai dari jajaran manajemen                      at the highest levels of management.
puncak.




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Dalam menjalankan fungsi pengawasan,             Dewan          In performing its supervisory role, the Board of
Komisaris secara aktif memantau implementasi GCG                Commissioners actively monitors the implementation
di seluruh lini bisnis. Selain itu, Dewan Komisaris juga        of GCG across all business lines. In addition, the Board
memberikan arahan, pandangan dan nasihat kepada                 provides direction, perspectives, and advice to the
Direksi serta manajemen guna memastikan bahwa                   Board of Directors and management to ensure that GCG
prinsip-prinsip GCG terintegrasi dalam setiap kebijakan         principles are embedded in every policy and decision-
dan pengambilan keputusan.                                      making process within the Company.

Pelaksanaan GCG di lingkungan Perseroan senantiasa              The implementation of Good Corporate Governance
dimutakhirkan agar sejalan dengan perkembangan                  (GCG) within the Company is continuously updated
peraturan perundang-undangan, ketentuan regulator,              to align with developments in laws and regulations,
serta kondisi industri dan Perseroan. Pada tahun 2025,          regulatory requirements, as well as industry conditions
sebagai bentuk implementasi penguatan tata kelola,              and the Company’s business environment. In 2025, as
Perseroan telah membentuk dan menetapkan Komite                 part of efforts to strengthen governance practices,
Audit guna mendukung fungsi pengawasan serta                    the Company established and formalized an Audit
meningkatkan kualitas penerapan GCG.                            Committee to support the oversight function and
                                                                enhance the quality of GCG implementation.

Pada    prinsipnya,   penerapan   GCG    Perseroan              In principle, the Company’s GCG implementation
mengedepankan aspek penegakan prinsip akuntabilitas,            emphasizes the enforcement of accountability,
tanggung jawab mandat, serta implementasi pedoman               fiduciary responsibility, as well as the application of
dan mekanisme untuk memastikan perilaku yang                    guidelines and mechanisms to ensure proper conduct
baik dalam rangka melindungi kepentingan Perseroan              in safeguarding the interests of the Company and its
dan pemegang saham. Jajaran Komisaris dan Direksi               shareholders. The Board of Commissioners and the
berkomitmen penuh dalam menjalankan GCG secara                  Board of Directors are fully committed to consistently
konsisten   dan     mengimplementasikannya   dalam              implementing GCG across the organization.
Perseroan.

Sepanjang tahun buku 2025, Dewan Komisaris menilai              Throughout the 2025 financial year, the Board of
bahwa penerapan GCG di lingkungan CDI Group telah               Commissioners assessed that the implementation of
berjalan dengan baik dan efektif. Selain itu, Perseroan         GCG within CDI Group has been carried out effectively
juga menetapkan rencana untuk memperoleh akreditasi             and in a sound manner. In addition, the Company has
Anti Bribery Management System ISO 37001 pada tahun             set a plan to obtain Anti-Bribery Management System
2026 sebagai wujud komitmen dalam memperkuat                    ISO 37001 certification in 2026 as a demonstration of its
praktik bisnis yang berintegritas dan bebas dari praktik        commitment to strengthening business practices that
penyuapan.                                                      uphold integrity and are free from bribery.

Perseroan      berkomitmen    untuk    senantiasa               The Company remains committed to consistently
mengimplementasikan prinsip-prinsip GCG dalam                   implementing GCG principles in its business activities
kegiatan usaha Perseroan guna menjaga kredibilitas,             to maintain credibility, enhance stakeholder trust, and
meningkatkan kepercayaan pemangku kepentingan,                  support sustainable and healthy business growth.
serta mendukung pertumbuhan usaha yang sehat dan
berkelanjutan.




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Perubahan Komposisi Dewan Komisaris dan                                      Changes in The Composition of The Board
Alasan Perubahannya                                                          of Commissioners and The Reasons for The
                                                                             Changes

Sepanjang tahun buku 2025 terdapat perubahan                                 During the financial year 2025, there were changes in
komposisi Dewan Komisaris.                                                   the composition of the Board of Commissioners.

Penyesuaian tersebut dilakukan sebagai bagian dari                           These adjustments were undertaken as part of the
langkah strategis untuk mendukung fase pertumbuhan                           Company’s strategic efforts to support its growth phase,
Perseroan, termasuk ekspansi usaha dan penguatan                             including business expansion and the strengthening of
platform infrastruktur. Perubahan ini sekaligus                              its infrastructure platform. The changes also reflect the
mencerminkan komitmen Perseroan dalam memperkuat                             Company’s commitment to reinforcing good corporate
tata kelola perusahaan serta memastikan struktur                             governance while ensuring a leadership structure that
kepemimpinan yang adaptif dan selaras dengan                                 remains adaptive and aligned with CDI Group’s evolving
kebutuhan strategis CDI Group pada masa mendatang.                           strategic priorities in the years ahead.

Susunan pengurus Perusahaan adalah sebagai berikut :                         The Company's management consists of the following:


                                         31 Desember 2025                       31 Desember 2024
    Dewan Komisaris                                                                                          Board of Commisioners
                                         31 December 2025                       31 Desember 2024

                                                                                                                           President
Presiden Komisaris                  Erry Riyana Hardjapamekas                Erry Riyana Hardjapamekas
                                                                                                                        Commisioners

Komisaris                                 Ade Supandi, S.E.                             Edi Riva'i                      Commisioners

                                           Erwin Ciputra                           Erwin Ciputra

                                         Andre Khor Kah Hin                    Anawat Chansaksoong

                                        Thawat Hirancarukorn                   Thawat Hirancarukorn

                                        Prasit Laohawirapap                     Prasit Laohawirapap


Dengan demikian, susunannya hingga laporan tahunan                           To that end, the composition of the Board as of the
terbit adalah:                                                               publication of this annual report is as follows:
		
Erry Riyana Hardjapamekas                                    : Presiden Komisaris | President Commissioner

Erwin Ciputra                                                : Komisaris | Commissioner

Andre Khor Kah Hin                                           : Komisaris | Commissioner

Thawat Hirancarukorn                                         : Komisaris | Commissioner

Prasit Laohawirapap                                          : Komisaris | Commissioner

Ade Supandi                                                  : Komisaris Independen | Independent Commissioner




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Apresiasi                                                          Appreciation

Dewan Komisaris menyampaikan apresiasi atas beragam                The Board of Commissioners extends its appreciation
pencapaian yang diraih Perseroan pada tahun buku                   for the various achievements attained by the Company
2025. Dewan Komisaris juga menyampaikan apresiasi                  throughout the financial year 2025. The Board also
kepada seluruh karyawan atas kontribusi, dedikasi dan              expresses its sincere gratitude to all employees for their
kerja keras selama ini dalam mendukung pencapaian                  contributions, dedication, and hard work in supporting
kinerja usaha Perseroan.                                           the Company’s operational performance and growth.

Kepada     pemegang     saham,    Dewan      Komisaris             The Board of Commissioners would also like to thank
mengucapkan terima kasih atas kepercayaan yang                     the shareholders for the trust they have placed in
diberikan untuk menjadi bagian penting dari perjalanan             the Company and for being an integral part of CDI
CDI Group. Begitu juga dengan regulator yang telah                 Group’s journey. Our appreciation is likewise extended
memberikan bimbingan kepada Perseroan dalam                        to the regulators for their guidance and support in the
menjalankan kegiatan usaha, sehingga pada tahun                    Company’s business operations, which enabled the
2025, Perseroan telah menjadi bagian dari pasar modal              Company to successfully become part of the Indonesian
Indonesia.                                                         capital market in 2025.

Dewan Komisaris juga menyampaikan apresiasi kepada                 The Board of Commissioners also conveys its gratitude
seluruh pemangku kepentingan lainnya yang telah                    to all other stakeholders who have continuously placed
memberikan kepercayaan, dukungan dan kontribusi                    their trust in the Company and provided valuable support
yang baik selama ini kepada Perseroan. Hubungan kerja              and contributions. Moving forward, the Board hopes
sama di masa datang diharapkan akan terjalin lebih baik            that these collaborative relationships will continue to
guna mendorong pertumbuhan Perseroan ke depannya.                  strengthen, further supporting the Company’s growth
                                                                   and long-term success.



                                                    Jakarta, April 2026
                                                    Jakarta, April 2026




                                               Erry Riyana Hardjapamekas
                                                    Presiden Komisaris
                                                  President Commissioner




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Laporan Direksi
Board of Directors’ Report




Para Pemegang Saham dan Pemangku
Kepentingan yang Terhormat
Dear Esteemed Shareholders and Stakeholders,




Puji syukur kepada Tuhan Maha Esa, PT Chandra Daya                     We would like to extend our praise to God Almighty,
Investasi Tbk (“Perseroan”, “CDI Group”) telah melalui                 as He has enabled PT Chandra Daya Investasi Tbk
tahun 2025 dengan pencapaian yang solid. Di tengah                     (hereinafter referred to as the "Company" or "CDI Group")
kondisi eksternal yang dinamis, Perseroan berhasil                     to successfully make it through the year 2025. Despite
mencatatkan tonggak penting melalui keberhasilan                       dynamic external conditions, the Company was able
pelaksanaan Penawaran Umum Perdana (Initial Public                     to achieve significant milestones through the success
Offering/IPO) dan pencatatan saham Perseroan                           of its Initial Public Offering (IPO) and its listing of its
di Bursa Efek Indonesia. Keberhasilan ini tidak                        shares on the Indonesia Stock Exchange. This success
hanya mencerminkan kepercayaan pasar terhadap                          is not only a reflection of the market's confidence in the
fundamental dan prospek usaha Perseroan, tetapi juga                   Company's fundamentals and business prospects, it
menjadi fondasi strategis bagi penguatan struktur                      also serves as a strategic foundation for strengthening
permodalan serta mendukung agenda pengembangan                         the Company's capital structure and supporting its
usaha Perseroan ke depan.                                              future business development agenda.

Sepanjang tahun buku 2025, Perseroan juga terus                        Throughout the 2025 fiscal year, the Company also
meningkatkan kapasitas operasional serta memperluas                    continued to enhance operational capacity and expand
konektivitas di kawasan Asia Tenggara. Upaya tersebut,                 connectivity in the Southeast Asia region. These
antara lain diwujudkan melalui penambahan armada                       efforts included expanding its maritime transportation
transportasi maritim, sehingga saat ini CDI Group                      fleet, resulting in the CDI Group currently managing
mengelola 14 kapal guna mendukung peningkatan                          14 vessels to support increased maritime logistics
kapasitas layanan logistik maritim. Sementara itu, untuk               service capacity. Meanwhile, to support domestic
mendukung aktivitas logistik dalam negeri, Perseroan                   logistics activities, the Company strengthened its
memperkuat fondasi bisnis melalui pengembangan lini                    business foundation by developing its inland logistics
logistik darat melalui akuisisi PT Barito Investa Prima,               line through the acquisition of PT Barito Investa Prima,
yang kini beroperasi sebagai PT Chandra Investa Prima.                 which now operates as PT Chandra Investa Prima. This
Langkah ini menjadi bagian dari strategi jangka panjang                step is part of the Company's long-term strategy to
Perseroan untuk membangun platform logistik yang                       build an integrated and value-added logistics platform,
terintegrasi dan bernilai tambah.                                      and was also a means to further support its own
                                                                       domestic logistics activities.




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                                                                               Fransiskus
                                                                               Ruly Aryawan
                                                                               Direktur Utama
                                                                               President Directors




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Hingga akhir tahun 2025, Perseroan meningkatkan                        By the end of 2025, the Company was able to increase
kapasitas layanan angkutan kargo umum melalui                          its general cargo transportation capacity by adding
penambahan 50 armada truk, sekaligus memperluas                        50 trucks to its fleet. It did this while simultaneously
portofolio usaha dengan memasuki bisnis cold storage                   expanding its business portfolio by entering the cold
di Bitung, Tangerang serta menambah aset pergudangan                   storage business in Bitung, Tangerang, and adding
di Cilegon. Langkah strategis ini memperkuat kapabilitas               warehousing assets in Cilegon. This strategic move
Perseroan dalam menghadirkan solusi logistik end-                      helped to strengthen the Company's capabilities in
to-end yang terintegrasi, andal, dan efisien sekaligus                 providing integrated, reliable, and efficient end-to-end
meningkatkan nilai tambah layanan bagi pelanggan                       logistics solutions, all while enhancing the added value
serta mendukung pertumbuhan ekosistem industri yang                    of services for customers and supporting the growth of
semakin dinamis.                                                       an increasingly dynamic industrial ecosystem.

Sejalan dengan strategi integrasi infrastruktur,                       The Company has also built a Bitumen tank facility
Perseroan membangun fasilitas tangki Bitumen                           with a total capacity of 12,000 m3 as part of providing
dengan kapasitas total 12.000 m3 sebagai bagian dari                   integrated industrial infrastructure to support bitumen
penyediaan infrastruktur industri terintegrasi untuk                   storage and distribution activities in Indonesia, and as
mendukung kegiatan penyimpanan dan distribusi                          part of its infrastructure integration strategy. Within the
bitumen di Indonesia. Di sektor energi, Perseroan juga                 energy sector, the Company has successfully boosted
berhasil meningkatkan kapasitas terpasang pembangkit                   its installed solar power generation capacity by 4.7
tenaga surya sebesar 4,7 MWp, sehingga total portofolio                MWp, bringing the CDI Group's total installed solar
energi surya terpasang CDI Group mencapai 11 MWp.                      energy portfolio to 11 MWp.

Realisasi    pengembangan        kapasitas   operasional               This    operational    capacity     expansion    further
tersebut semakin memperkuat pilar bisnis Perseroan.                    strengthened the Company's business pillars.
Sepanjang tahun 2025, CDI Group secara aktif bergerak                  Throughout 2025, the CDI Group actively engaged in
di sektor investasi infrastruktur, dengan cakupan empat                infrastructure investment efforts that encompassed
pilar utama meliputi energi, air, kepelabuhanan dan                    four main pillars: energy, water, ports and storage, and
penyimpanan, serta logistik.                                           logistics.

Berbagai aksi korporasi dan inisiatif strategis tersebut               These various corporate actions and strategic
dijalankan di tengah dinamika lingkungan eksternal                     initiatives were implemented in the midst of a dynamic
yang bergerak dinamis. Bank Dunia mencatat bahwa                       external environment. The World Bank noted that the
perekonomian global pada periode tersebut masih                        global economy throughout this period was still being
dipengaruhi oleh ketidakpastian kebijakan perdagangan,                 affected by trade policy uncertainty, including tariff
termasuk kebijakan tarif oleh Amerika Serikat, serta                   policies by the United States, as well as pressure on
tekanan terhadap harga komoditas akibat kondisi                        commodity prices due to relatively abundant supply.
pasokan yang relatif melimpah. Dalam konteks tersebut,                 In this context, global economic growth was around
pertumbuhan ekonomi global berada di kisaran 2,7%                      2.7%, which marked a slight slowdown compared to the
sedikit melambat dibandingkan tahun sebelumnya yang                    previous year's 2.8%.
mencapai 2,8%.

Di tengah kondisi global tersebut, kinerja perekonomian                In the midst of these global conditions, Indonesia's
nasional Indonesia tetap menunjukkan ketahanan                         national economic performance continued to
yang baik. Badan Pusat Statistik (BPS) mencatat,                       demonstrate good resilience. The Central Statistics
pertumbuhan Produk Domestik Bruto (PDB) mencapai                       Agency (BPS) recorded Gross Domestic Product
5,11% secara tahunan atau year on year (yoy), lebih tinggi             (GDP) growth of 5.11% year-on-year (yoy), higher than
dari tahun sebelumnya yang tumbuh 5,03%. Selain itu,                   the previous year's 5.03%. Furthermore, in 2025, the
pada tahun 2025 pemerintah juga masih mendorong                        government continued to encourage increased activity
peningkatan aktivitas di sektor infrastruktur, terutama                within the infrastructure sector, particularly in regards
terkait dengan infrastruktur industri. Belanja modal                   to industrial infrastructure. This government capital
pemerintah tersebut ikut menjadi penopang kinerja                      expenditure was also designed to support national
perekonomian nasional.                                                 economic performance.




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Di tengah perkembangan kondisi eksternal tersebut,              Throughout these evolving external conditions, the
berkat penerapan strategi dan kebijakan strategis yang          Company was successfully able to record a profit of
tepat dan terarah, pada tahun 2025 Perseroan berhasil           US$127.8 million in 2025 thanks to its implementation of
membukukan laba US$127,8 juta. Dibandingkan tahun               appropriate and targeted strategies and policies. This
sebelumnya, terjadi kenaikan 281,49%.                           represented a 281.49% increase compared to that of
                                                                the previous year.

Uraian Pencapaian Kinerja Usaha                                 Business Performance Achievements

Kendala dan Tantangan                                           Obstacles and Challenges
Pada tahun 2025, Perseroan menghadapi kondisi                   Throughout 2025, the Company operated amid a
perekonomian yang masih relatif belum stabil,                   relatively challenging and volatile macroeconomic
seiring dengan dinamika perekonomian global serta               environment. These conditions were in line with global
berlanjutnya konflik geopolitik di sejumlah negara.             economic dynamics and ongoing geopolitical conflicts
Berbagai tantangan eksternal telah diantisipasi oleh            across several countries. CDI Group management has
manajemen CDI Group sebagai bagian dari pengelolaan             anticipated these various external challenges as part of
risiko usaha secara menyeluruh.                                 its comprehensive business risk management.

Dalam menghadapi kondisi eksternal tersebut, Direksi            The Board of Directors responded to and addressed
merespons melalui langkah-langkah strategis yang                these external challenges through strategic steps
berfokus pada keberlanjutan bisnis Perseroan serta              focused on the Company's business sustainability and
mitigasi risiko. Adapun upaya utama yang dilakukan,             risk mitigation. The main efforts undertaken included
antara lain mencakup:                                           the following:

1. Pemantauan       dan     Penyesuaian      Kebijakan          1. Policy      Monitoring        and        Adjustment
   Direksi secara aktif memantau perkembangan                      The Board of Directors actively monitored
   kebijakan pemerintah di sektor energi, air,                     developments in the government's policies with
   kepelabuhanan & penyimpanan, dan logistik, serta                regard to the energy, water, port & storage, and
   menyesuaikan strategi operasional Perseroan agar                logistics sectors, and adjusted the Company's
   tetap selaras dengan ketentuan regulasi yang berlaku            operational strategy to ensure that it remained
   sekaligus memanfaatkan peluang dan insentif yang                aligned with applicable regulations, all while taking
   tersedia.                                                       advantage of available opportunities and incentives.
2. Penerapan Pengendalian Internal yang Prudent                 2. Prudent Implementation of Internal Control
   Perseroan menerapkan sistem pengendalian                        The Company implemented a robust internal control
   internal yang kuat, baik pada aspek keuangan                    system, covering both financial and operational
   maupun operasional, melalui pelaksanaan audit                   aspects. It did so through regular internal and
   internal dan eksternal secara berkala. Langkah ini              external audits. This measure was designed to ensure
   untuk memastikan efisiensi operasional, kepatuhan               operational efficiency, regulatory compliance, and
   terhadap regulasi, dan pengelolaan risiko yang baik.            sound risk management.
3. Pengelolaan Arus Kas dan Struktur Permodalan                 3. Cash Flow Management and Capital Structure
   Direksi secara konsisten menjaga likuiditas dan                 The Board of Directors consistently maintained a
   struktur permodalan yang sehat, termasuk kebijakan              healthy liquidity and capital structure, including a
   pembagian dividen berdasarkan laba bersih dan                   dividend distribution policy based on net profit and
   cadangan wajib, serta perencanaan kebutuhan                     statutory reserves, as well as selective, measured
   belanja modal dan ekspansi usaha secara selektif,               planning of capital expenditure and business
   terukur, dan selaras dengan strategi pertumbuhan                expansion needs that were aligned with the
   Perseroan.                                                      Company's growth strategy.




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4. Penerapan Strategi Bisnis yang Proaktif                             4. Proactive Business Strategy Implementation
   Perseroan mengoptimalkan empat pilar bisnis                            The Company optimized its four business pillars
   (energi, air, kepelabuhanan & penyimpanan,                             (energy, water, ports and storage, and logistics)
   serta logistik) dengan fokus pada kontrak jangka                       with a focus on long-term contracts, increasing
   panjang, peningkatan efisiensi biaya, optimalisasi                     cost efficiency, optimizing asset utilization, business
   pemanfaatan aset, ekspansi bisnis, serta penguatan                     expansion, and strengthening strategic partnerships
   kemitraan strategis guna memperkuat daya saing.                        to strengthen its competitiveness.

Melalui implementasi strategi yang terukur dan disiplin                Through measured strategy implementation and
eksekusi, Perseroan berhasil membukukan kinerja yang                   disciplined execution, the Company was successfully
positif di tengah dinamika ekonomi, regulasi, dan kondisi              able to record positive performance in the midst of
pasar yang terus berkembang.                                           dynamic economic, regulatory, and evolving market
                                                                       conditions.

CDI Group mengembangkan sektor infrastruktur sebagai                   CDI Group is developing the infrastructure sector as
bagian dari transformasi strategis yang dilakukan oleh                 part of a strategic transformation being undertaken by
PT Chandra Asri Pacific Tbk (Chandra Asri Group) selaku                PT Chandra Asri Pacific Tbk (Chandra Asri Group), its
induk usaha, dalam rangka mendukung transformasi                       parent company, to support the transformation and
dan penguatan struktur bisnis Grup. Peran tersebut                     strengthening of the Group's business structure. This
menempatkan Perseroan sebagai pilar pengembangan                       role is being designed to position the Company as a
solusi infrastruktur yang terintegrasi, yang berkontribusi             pillar in the development of integrated infrastructure
dalam menunjang ekspansi usaha serta menciptakan                       solutions that could contribute to business expansion
nilai tambah berkelanjutan bagi Grup maupun pemangku                   and generate sustainable added value for the Group
kepentingan eksternal.                                                 and external stakeholders.

Sejalan dengan strategi tersebut, CDI Group juga terus                 In line with this strategy, CDI Group also continued
melakukan pengembangan portofolio bisnisnya melalui                    to develop its business portfolio through strategic
langkah akuisisi dan ekspansi strategis, khususnya untuk               acquisitions and expansions, particularly as a means
memperkuat lini bisnis logistik, serta kepelabuhanan                   to strengthen its logistics, port and storage business
dan penyimpanan, guna mendukung pertumbuhan                            lines. These efforts were made in order to support
usaha yang berkelanjutan dan meningkatkan kontribusi                   sustainable business growth and increase added value
nilai tambah bagi seluruh pemangku kepentingan.                        contributions for all stakeholders.

Perseroan menyadari bahwa aksi korporasi tersebut                      The Company recognized that this corporate action
berpotensi menimbulkan perubahan dalam proses                          had the potential to create changes in management
manajemen dan operasional. Oleh karena itu, Perseroan                  and operational processes. Accordingly, the Company
menerapkan tahapan integrasi yang terencana dan                        implemented a planned and structured integration
dilaksanakan secara terstruktur. Langkah ini dilakukan                 phase. This step was taken to ensure the entire
guna memastikan seluruh proses integrasi dapat                         integration process would run effectively and under
berjalan efektif dan terkendali.                                       control.

Sebagai bagian dari upaya mitigasi terhadap                            As part of its efforts to mitigate potential integration
potensi tantangan integrasi tersebut, Perseroan                        challenges, the Company maintained its continuity
menjaga kesinambungan pengelolaan entitas dengan                       of entity management by retaining its experienced
mempertahankan tim manajemen dan sumber daya                           management team and human resources. This
manusia yang telah berpengalaman di dalamnya.                          decision was based on the importance of maintaining
Keputusan ini didasarkan pada pentingnya menjaga                       operational stability and business process continuity
stabilitas operasional dan keberlanjutan proses bisnis,                in a way that would allow the integration process to
sehingga proses integrasi dapat berjalan secara efektif                proceed effectively with minimal risk of disruption to
dengan risiko disrupsi yang minimal terhadap kinerja                   the Company's performance.
Perseroan.

Selain itu, Perseroan secara konsisten memperkuat                      Furthermore, the Company consistently strengthened
koordinasi antara CDI Group dengan entitas anak                        its coordination between the CDI Group and its
sebagai    bagian   dari  mekanisme    pemantauan                      subsidiaries as part of its monitoring mechanism for
pelaksanaan program kerja dan pencapaian target                        work program implementation and its achievement



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kinerja. Koordinasi tersebut juga digunakan untuk             of performance targets. This coordination was also
mempercepat pengambilan keputusan dan proses                  used to expedite decision-making and the process of
pencarian solusi terhadap tantangan yang dihadapi             finding solutions to challenges encountered in program
dalam proses pelaksanaan program, termasuk melalui            implementation, including through synergy with the
sinergi dengan Chandra Asri Group, sebagai induk              Chandra Asri Group, the Company's parent company.
usaha Perseroan.

Penerapan Strategi dan Kebijakan Strategis                    Strategy and Policy Implementation

Manajemen Perseroan memandang CDI Group memiliki              The Company's management views CDI Group as having
peran strategis sebagai penyedia solusi infrastruktur         a strategic role as a provider of integrated infrastructure
terintegrasi, baik dalam ekosistem Chandra Asri               solutions within Chandra Asri Group's ecosystem and
Group, lingkungan industri, maupun sebagai stimulus           industrial environment, and as a stimulus for national
pertumbuhan perekonomian nasional. Ketiga peran               economic growth. These three strategic roles are
strategis tersebut saling terkait dan memperkuat              interconnected and serve to strengthen the Company's
kontribusi    Perseroan  sebagai    penyedia    solusi        contribution as an integrated infrastructure solutions
infrastruktur yang tidak hanya sebagai pendukung              provider. Not only do these roles support the Group's
operasional Grup, tetapi juga sebagai enabler                 operations but also enable growth for the broader
pertumbuhan bagi sektor industri nasional secara lebih        national industrial sector.
luas.

Melalui penyediaan infrastruktur di sektor energi,            By providing infrastructure in the energy, water, port
air, kepelabuhanan dan penyimpanan, serta logistik,           and storage, and logistics sectors, the Company
Perseroan berkontribusi dalam meningkatkan efisiensi          was able to contribute to improving operational
operasional, memperkuat konektivitas rantai pasok,            efficiency, strengthening supply chain connectivity, and
serta mendukung kelancaran distribusi industri.               supporting smooth industrial distribution. The presence
Kehadiran infrastruktur yang andal dan terintegrasi           of this reliable and integrated infrastructure has also
ini turut menciptakan dampak pengganda (multiplier            created a multiplier effect on economic activity in ways
effect) terhadap aktivitas ekonomi, memperkuat daya           that strengthened industrial competitiveness and drove
saing industri, dan mendorong pertumbuhan yang                sustainable growth.
berkelanjutan.

Menyadari pentingnya peran tersebut, sepanjang tahun          Recognizing the importance of this role, the Company
buku 2025, Perseroan terus melakukan penguatan                continued throughout the 2025 fiscal year to strengthen
portofolio bisnis melalui penerapan sejumlah strategi         its business portfolio through its implementation of
dan kebijakan strategis yang diterapkan, antara lain          several strategies and policies, including:
mencakup:
1. Suntikan Modal dari Pemegang Saham Utama                   1.   Capital Injection from Major Shareholders
   Sebagai bagian dari penguatan struktur permodalan               As part of efforts at strengthening the CDI Group's
   CDI Group, pemegang saham utama Perseroan, yakni                capital structure, the Company's major shareholders,
   PT Chandra Asri Pacific Tbk (Chandra Asri Group)                PT Chandra Asri Pacific Tbk (Chandra Asri Group)
   dan Electricity Generating Public Company Limited               and Electricity Generating Public Company Limited
   (EGCO Group), secara bersama-sama melakukan                     (EGCO Group), jointly made an additional capital
   penyertaan modal tambahan sebesar total US$185                  injection totaling in at US$185 million into the
   juta ke Perseroan.                                              Company.

    Investasi tambahan ini mencerminkan keyakinan                  This additional investment reflected Chandra Asri
    kuat Chandra Asri Group dan EGCO Group terhadap                Group and EGCO Group's strong confidence in CDI
    potensi pertumbuhan jangka panjang CDI Group.                  Group's long-term growth potential. The additional
    Tambahan modal tersebut juga menegaskan                        capital also underscored the major shareholders'
    komitmen berkelanjutan para pemegang saham                     ongoing commitment to developing a high-quality,
    utama untuk mengembangkan platform infrastruktur               environmentally responsible infrastructure platform
    berkualitas tinggi yang bertanggung jawab terhadap             throughout Southeast Asia.
    lingkungan di seluruh Asia Tenggara.




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2. Penawaran Umum Saham Perdana (IPO)                                 2. Initial Public Offering (IPO)
   Pada 9 Juli 2025, Perseroan resmi mencatatkan                         On 9 July 2025, the Company officially listed its
   sahamnya di Bursa Efek Indonesia (BEI) dengan                         shares on the Indonesia Stock Exchange (IDX) under
   kode saham “CDIA.” Antusiasme pasar yang tinggi                       the ticker symbol "CDIA." High market enthusiasm
   tercermin dari tingkat oversubscription sebesar                       was reflected in the 563.64-fold over-subscription
   563,64 kali selama masa penawaran. Melalui aksi                       rate during the offering period. Through this
   korporasi ini, Perseroan berhasil menghimpun                          corporate action, the Company successfully raised
   dana sebesar Rp2,37 triliun melalui penerbitan                        Rp2.37 trillion by issuing 12,482,937,500 new shares
   12.482.937.500 saham baru dengan harga Rp190 per                      at a price of Rp190 per share.
   saham.

   Dana hasil IPO tersebut akan dimanfaatkan untuk                       The proceeds from the IPO were used to strengthen
   memperkuat lini bisnis anak usaha Perseroan,                          the business lines of the Company's subsidiaries,
   khususnya di bidang logistik, operasional pelabuhan,                  particularly in logistics, port operations, and storage,
   dan penyimpanan, sekaligus menegaskan peran                           while also emphasizing the CDI Group's strategic role
   strategis CDI Group dalam menjawab kebutuhan                          in addressing the growing infrastructure needs, both
   infrastruktur yang terus berkembang, baik di tingkat                  nationally and regionally.
   nasional maupun regional.

3. Ekspansi melalui Akuisisi                                          3. Expansion through Acquisition
   Dalam memperkuat lini bisnis logistik, Perseroan                      To strengthen its logistics business, the Company
   mengakuisisi PT Barito Investa Prima yang kini                        acquired PT Barito Investa Prima, now known as
   bernama PT Chandra Investa Prima. Akuisisi ini                        PT Chandra Investa Prima. This acquisition was
   bertujuan memperluas portofolio logistik darat dan                    designed to expand CDI Group's land logistics and
   infrastruktur CDI Group.                                              infrastructure portfolio.

   Sebagai perusahaan yang bergerak di bidang                            As a warehousing and storage company, PT Chandra
   pergudangan dan penyimpanan, PT Chandra Investa                       Investa Prima complements CDI Group's integrated
   Prima melengkapi platform logistik terintegrasi milik                 logistics platform. This strategic move is expected to
   CDI Group. Langkah strategis ini diharapkan dapat                     boost the Company's service capacity, strengthen
   meningkatkan kapasitas layanan, memperkuat                            its value chain integration, and support its long-
   integrasi rantai nilai, serta mendukung strategi                      term, sustainable growth strategy.
   pertumbuhan jangka panjang perusahaan yang
   berkelanjutan.

   Sejalan dengan ekspansi tersebut, Perseroan                           In line with this expansion, the Company launched
   meluncurkan lini bisnis cold chain melalui PT Chandra                 a cold chain business line through PT Chandra Cold
   Cold Chain dengan fasilitas seluas sekitar 950 m² dan                 Chain, with a facility sized at approximately 950 m²
   kapasitas hingga 700 pallet position. Pengembangan                    and with a capacity of up to 700 pallet positions.
   ini memperluas portofolio layanan pada segmen                         This development expanded the Company's service
   logistik suhu terkendali serta memperkuat platform                    portfolio in the temperature-controlled logistics
   logistik terintegrasi Perseroan.                                      segment and strengthened its integrated logistics
                                                                         platform.

   Perseroan juga melakukan pembelian aset berupa                        The Company also purchased assets including a plot
   sebidang tanah seluas 51.128 m² beserta fasilitas                     of land measuring 51,128 m² and a warehouse facility
   gudang dengan luas 30.091 m² di atasnya. Langkah                      of 30,091 m². This move was designed to support the
   ini mendukung peningkatan kapasitas operasional                       Company's increased operational capacity and its
   dan optimalisasi jaringan distribusi Perseroan.                       distribution network optimization efforts.




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4. Peningkatan Kapabilitas Operasional                             4. Improving Operational Capabilities
   Perseroan terus meningkatkan kapabilitas operasional               The Company continued to enhance its operational
   di bidang logistik maritim melalui penambahan 2                    capabilities in maritime logistics by acquiring two
   (dua) chemical vessel berkapasitas masing-masing                   chemical vessels, each with a capacity of 9,000
   9.000 DWT. Kapal yang dibuat di Jepang tersebut                    DWT. These Japanese-built vessels were specifically
   dirancang khusus mendukung pengangkutan bahan                      designed to support the transportation of chemicals
   kimia di jalur pelayaran domestik dan internasional.               on domestic and international shipping routes.

    Kapal tersebut berbendera Indonesia yang                          The ship is Indonesian-flagged and serves domestic
    melayani distribusi dalam negeri serta rute lintas                distribution as well as cross-country routes. This
    negara. Strategi pengoperasian ini dirancang untuk                operational strategy was designed to optimize
    mengoptimalkan efisiensi operasional sekaligus                    operational efficiency while ensuring compliance
    memastikan kepatuhan terhadap regulasi maritim                    with applicable maritime regulations in both
    yang berlaku baik di perairan domestik maupun                     domestic and international waters.
    internasional

    Selain itu, melalui anak usaha PT Chandra Shipping                In addition, the Company also operated two
    International (CSI), Perseroan juga mengoperasikan                ethylene gas carriers through its subsidiary, PT
    2 (dua) kapal pengangkut gas Ethylene. Armada ini                 Chandra Shipping International (CSI). This fleet was
    merupakan bagian dari langkah strategis Perseroan                 part of the Company's strategic move to strengthen
    dalam memperkuat layanan logistik maritim di                      its maritime logistics services in the Southeast Asia
    kawasan Asia Tenggara. Inisiatif tersebut sejalan                 region. This initiative aligned with the Company's
    dengan strategi Perseroan dalam mendorong                         strategy to drive long-term growth and expand its
    pertumbuhan jangka panjang serta memperluas                       diversified business portfolio in the infrastructure
    portofolio bisnis yang terdiversifikasi di sektor                 sector. Furthermore, this fleet was designed to
    infrastruktur. Selain itu, keberadaan armada ini                  support Chandra Asri Group's smooth distribution
    turut mendukung kelancaran distribusi bahan baku                  of petrochemical raw materials.
    petrokimia bagi Chandra Asri Group.

    Di sisi logistik darat, Perseroan melalui PT SCG Barito           On the land logistics side, the Company expanded
    Logistics (SBL, entitas anak PT Chandra Investa                   its land logistics operations by adding 50 new trucks
    Prima), memperluas operasi logistik daratnya melalui              through PT SCG Barito Logistics (SBL, a subsidiary
    penambahan 50 truk baru. Ekspansi operasional                     of PT Chandra Investa Prima). This operational
    untuk meningkatkan kapasitasnya melayani kargo                    expansion boosted the Company's capacity to serve
    umum dan meningkatkan keandalan pengiriman.                       general cargo and enhance delivery reliability.

5. Ekspansi ke Bisnis Hijau                                        5. Expansion into Green Business
   CDI Group melalui anak usahanya di bidang                          CDI Group continued to strengthen its renewable
   energi, PT Krakatau Chandra Energi (KCE), terus                    energy portfolio by adding 4.7 MWp of solar power
   memperkuat portofolio energi terbarukan dengan                     plant (PLTS) capacity in Cilegon, Banten. It did this
   menambah kapasitas Pembangkit Listrik Tenaga                       through its energy subsidiary, PT Krakatau Chandra
   Surya (PLTS) sebesar 4,7 MWp di Cilegon, Banten.                   Energi (KCE). Thanks to this addition, CDI Group's
   Dengan penambahan ini, total kapasitas energi surya                total solar energy capacity was able to reach 11 MWp
   CDI Group mencapai 11 MWp sejak November 2025.                     by November 2025.

    Proyek PLTS 4,7 MWP CDI Group menggunakan                         CDI Group's 4.7 MWP solar power plant project
    sistem ground-mounted yang mengoptimalkan                         utilized a ground-mounted system that optimized
    pemanfaatan di sekitar jaringan transmisi dan                     the utilization of surrounding KCE transmissions and
    distribusi milik KCE untuk meningkatkan nilai aset                distribution networks to enhance the Company's
    perusahaan. Portofolio energi hijau CDI Group                     asset value. CDI Group's green energy portfolio
    diproyeksikan mampu mengurangi emisi karbon                       has been projected to reduce carbon emissions by
    hingga 9.855 ton CO2 per tahun, setara dengan                     up to 9,855 tons of CO2 per year, which would be
    penyerapan karbon lebih dari 469.000 pohon setiap                 equivalent to the annual carbon sequestration of
    tahun.                                                            more than 469,000 trees.




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6. Pembangunan Infrastruktur Terintegrasi                              6. Integrated Infrastructure Development
   CDI Group melalui entitas anaknya, PT Redeco                           CDI Group began construction of a bitumen tank
   Petrolin Utama (RPU) telah memulai pembangunan                         facility with a total capacity of 12,000 m³. It did so
   fasilitas tangki bitumen berkapasitas total 12.000 m³.                 through its subsidiary, PT Redeco Petrolin Utama
   Langkah ini menjadi bagian dari strategi Perseroan                     (RPU). This step was part of the Company's strategy
   menghadirkan infrastruktur industri yang terintegrasi                  to provide integrated industrial infrastructure,
   dan mendukung kebutuhan penyimpanan serta                              as well as to support the storage and distribution
   distribusi bitumen di Indonesia.                                       needs of bitumen in Indonesia.

   RPU akan mengelola total 75 tangki penyimpanan                         RPU will manage a total of 75 storage tanks for various
   untuk berbagai produk, mulai dari petrokimia hingga                    products, from petrochemicals to petroleum, with
   minyak bumi, dengan bitumen sebagai tambahan                           bitumen being its latest addition. The facility, which
   terbaru. Fasilitas yang mencakup 3 (tiga) tangki                       includes 3 (three) tanks with capacities of 3,000
   berkapasitas 3.000 m³, 4.000 m³, dan 5.000 m³ yang                     m³, 4,000 m³, and 5,000 m³, targeted for operation
   ditargetkan beroperasi pada kuartal III-2026 ini akan                  in the third quarter of 2026, has been designed to
   memperkuat jaringan logistik cair Perseroan serta                      strengthen the Company's liquid logistics network
   memperluas layanan penyimpanan dan distribusi                          and expand its storage and distribution services for
   bagi pelanggan, baik dari pihak eksternal, maupun                      customers, both external and within the Chandra
   dari Chandra Asri Group sebagai induk usaha CDI                        Asri Group, CDI Group's parent company. Equally
   Group. Tak kalah pentingnya, pengembangan ini                          important is how this development is being designed
   mampu menambah efisiensi rantai pasok melalui                          to increase supply chain efficiency through regional
   dukungan pasokan regional, termasuk dari Aster                         supply support, including from Aster Chemicals and
   Chemicals and Energy Pte. Ltd.                                         Energy Pte. Ltd.

   Selain itu, sejalan dengan penguatan infrastruktur                     Furthermore, in line with its strengthening of
   dan integrasi rantai nilai tersebut, Perseroan juga                    infrastructure and value chain integration, the
   meningkatkan kepemilikan saham pada PT Chandra                         Company has also increased its shareholding in
   Shipping International dan PT Marina Indah Maritim                     PT Chandra Shipping International and PT Marina
   dari semula 49% menjadi 99,99%. Peningkatan                            Indah Maritim from 49% to 99.99%. This increased
   kepemilikan ini memperkuat kendali dan fleksibilitas                   ownership is meant to strengthen the Company's
   operasional Perseroan dalam mengelola layanan                          operational control and flexibility in managing
   logistik maritim secara lebih terintegrasi, sekaligus                  maritime logistics services in a more integrated
   mendukung optimalisasi jaringan distribusi dan                         manner, all while supporting distribution network
   efisiensi operasional secara keseluruhan.                              optimization and overall operational efficiency.



Peran Direksi dalam Perumusan Strategi                                 The Board of Directors' Role in Strategy
serta upaya memastikan Implementasi                                    Formulation and Ensuring Strategy
Strategi                                                               Implementation
Direksi memegang peran sentral dalam perumusan                         The Board of Directors plays a central role in formulating
strategi dan kebijakan strategis Perseroan sesuai                      the Company's strategy and strategic policies in
dengan ketentuan peraturan perundang-undangan                          accordance with applicable laws and regulations,
yang berlaku, termasuk Peraturan Otoritas Jasa                         including Financial Services Authority (OJK) Regulation
Keuangan (OJK) No. 33/POJK.04/2014 tentang Direksi                     No. 33/POJK.04/2014 concerning the Board of Directors
dan Dewan Komisaris Emiten atau Perusahaan Publik.                     and Board of Commissioners of Issuers or Public
Direksi memastikan bahwa seluruh kebijakan yang                        Companies. The Board of Directors works to ensure that
ditetapkan sejalan dengan arah dan kepentingan jangka                  all established policies align with the Company's long-
panjang Perseroan.                                                     term direction and interests.

Arah strategis dan kebijakan strategis Perseroan                       The Company's strategic direction and policies can be
dituangkan dalam Rencana Kerja dan Anggaran                            seen outlined in the Company Work Plan and Budget
Perusahaan (RKAP) yang disusun oleh Direksi dan                        (RKAP), which has been prepared by the Board of
dibahas bersama Dewan Komisaris sesuai dengan                          Directors and has been put into discussion with the Board
prinsip tata kelola perusahaan yang baik. RKAP menjadi                 of Commissioners in accordance with the principles




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          Management Discussion and Analysis            Good Corporate Governance                   Financial Reports




pedoman utama dalam pelaksanaan kegiatan usaha pada              of good corporate governance. The RKAP has served
tahun buku berjalan, yang mencakup pengembangan                  as the primary guideline for implementing business
portofolio usaha, penetapan prioritas investasi, strategi        activities during the current fiscal year, encompassing
pendanaan, serta pengelolaan risiko.                             business portfolio development, investment priority
                                                                 setting, funding strategies, and risk management.

Setelah memperoleh persetujuan, Direksi memastikan               After obtaining approval, the Board of Directors ensures
implementasi strategi melalui penerjemahan RKAP                  strategy implementation by translating the RKAP into
ke dalam program kerja dan target operasional pada               work programs and operational targets at both the
tingkat Perseroan dan entitas anak. Dalam rangka                 Company and its subsidiaries. To control and oversee
pengendalian dan pengawasan pelaksanaan strategi,                strategy implementation, the Board of Directors holds
Direksi menyelenggarakan rapat koordinasi manajemen              regular management coordination meetings, monitors
secara berkala, melakukan pemantauan atas kinerja                operational and financial performance, evaluates
operasional dan keuangan, mengevaluasi risiko usaha              business risks and the effectiveness of mitigation
beserta efektivitas langkah mitigasi, serta memberikan           measures, and provides direction and corrective action
arahan dan tindakan korektif atas setiap deviasi dari            for any deviations from established plans.
rencana yang telah ditetapkan.

Melalui mekanisme tersebut, Direksi memastikan                   Through these mechanisms, the Board of Directors
bahwa strategi dan kebijakan strategis Perseroan                 ensures that the Company's strategic strategies
diimplementasikan secara efektif, konsisten, dan                 and policies are always implemented effectively,
adaptif terhadap dinamika lingkungan usaha, sehingga             consistently, and adaptively to the dynamics of
mendukung pencapaian target serta penciptaan nilai               the business environment, thereby supporting the
jangka panjang bagi seluruh pemangku kepentingan.                achievement of targets and the creation of long-term
                                                                 value for all stakeholders.

Perbandingan Target dan Realisasi Aktual                         Comparison of Targets and Actual Results

Pada tahun 2025, kinerja CDI Group sangat solid.                 CDI Group's performance in 2025 was very solid. The
Perseroan telah beroperasi dengan pilar bisnis yang              Company operated with a comprehensive business
lengkap, yakni mencakup: energi, air, kepelabuhanan dan          pillar that encompassed energy, water, ports and
penyimpanan, serta logistik.                                     storage, and logistics.

Dari sisi keuangan, pendapatan Perseroan sepanjang               From a financial perspective, the Company’s revenue for
tahun buku 2025 mencapai US$148,0 juta. Dibandingkan             the 2025 fiscal year reached US$148.0 million. Compared
tahun 2024 yang sebesar US$102,2 juta terjadi kenaikan           to US$102.2 million in 2024, this represents an increase
44,77%. Kenaikan ini terutama disebabkan oleh                    of 44.77%. The growth was primarily driven by higher
peningkatan pada segmen penjualan jasa listrik dan               contributions from the electricity and logistics service
logistik yang sejalan dengan peningkatan jumlah kapal.           segments, in line with the increase in the number of
                                                                 vessels.

Sementara beban pokok pendapatan yang harus                      Meanwhile, the cost of revenue amounted to US$112.6
dikeluarkan tercatat sebesar US$112,6 juta, meningkat            million, representing a 22.72% increase compared
22,72% dibandingkan tahun 2024 yang sebesar US$91,8              to US$91.8 million in 2024. This increase was in line
juta. Peningkatan ini sejalan dengan peningkatan                 with higher revenue and the rise in the Company’s
pendapatan serta meningkatnya aktivitas operasional              operational activities during the year.
Perseroan selama tahun berjalan.

Hingga tutup tahun buku, Perseroan berhasil                      By the end of the fiscal year, the Company recorded a
membukukan laba bersih sebesar US$127,8 juta.                    net profit of US$127.8 million. Compared to the previous
Dibandingkan tahun sebelumnya yang memperoleh laba               year’s net profit of US$33.5 million, this reflects an
bersih sebesar US$33,5 juta, terjadi peningkatan 281,7%.         increase of 281.7%.

Pencapaian laba tersebut, mencerminkan momentum                  This profit achievement reflected strong momentum
kuat setelah IPO dan ekspansi portofolio yang luas di            following the Company's IPO and extensive portfolio
seluruh pilar bisnis.                                            expansion across all business pillars.



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Prospek Usaha                                                         Business Prospects

Dalam menentukan prospek atau peluang usaha,                          In determining its business prospects or opportunities,
Perseroan     senantiasa     mempertimbang       faktor               the Company has consistently taken into consideration
eksternal yang memengaruhi iklim bisnis, selain                       all external factors that influence the business climate,
mengandalkan kekuatan internal Perseroan. Pendekatan                  in addition to relying on the Company's internal
ini memungkinkan Perseroan untuk mengidentifikasi                     strengths. This approach has enabled the Company to
peluang secara komprehensif sekaligus memastikan                      comprehensively identify opportunities while ensuring
pengelolaan risiko yang terukur dan berkelanjutan.                    measurable and sustainable risk management.

Untuk tahun 2026, sebagaimana         tertuang dalam                  For 2026, as outlined in the 2026 State Budget Plan
Rencana Anggaran Pendapatan dan Belanja Negara                        (RAPBN), the government has assessed that the
(RAPBN) 2026, pemerintah menilai bahwa perekonomian                   global economy will remain uncertain, as can be seen
global masih berada dalam kondisi ketidakpastian                      reflected in various risks, including those related to food
yang tercermin dari berbagai risiko, antara lain terkait              and energy security, as well as escalating geopolitical
ketahanan pangan & energi, serta eskalasi ketegangan                  tensions in several regions.
geopolitik di sejumlah kawasan.

Kendati demikian, pemerintah menilai perekonomian                     Nevertheless, the government believes the Indonesian
Indonesia tetap ditopang oleh fundamental yang kuat.                  economy remains supported by strong fundamentals.
Hal ini didukung oleh terjaganya tingkat konsumsi                     These fundamentals will be supported by maintained
domestik, realisasi investasi yang berkelanjutan serta                domestic consumption levels, sustained investment
kinerja ekspor yang tumbuh positif. Dalam situasi                     realization, and positive export growth. Given this
tersebut, pemerintah optimis pertumbuhan ekonomi                      situation, the government is optimistic that Indonesia's
Indonesia pada tahun 2026 dapat mencapai 5,4%.                        economic growth in 2026 can reach 5.4%.

Sejalan dengan hal tersebut, melalui Anggaran                         In line with this, through the 2026 State Budget (APBN),
Pendapatan dan Belanja Negara (APBN) 2026,                            the government has affirmed its commitment to
pemerintah menegaskan komitmen untuk memperkuat                       strengthening economic and social independence to
kemandirian ekonomi dan sosial guna mewujudkan                        achieve equitable prosperity. The government's priority
kesejahteraan yang berkeadilan. Agenda prioritas                      agenda includes strengthening energy security and
pemerintah mencakup penguatan ketahanan energi                        accelerating investment as driving forces.
serta percepatan investasi sebagai motor penggerak.

Sebagaimana disampaikan Presiden Prabowo Subianto                     As stated by President Prabowo Subianto in his 2026
dalam pidato RAPBN 2026 yang dipublikasikan situs                     Draft State Budget speech published at presidenri.
presidenri.go.id, pemerintah menekankan peningkatan                   go.id, the government is emphasizing increased oil
produksi minyak dan gas bumi, percepatan transisi                     and gas production, as well as efforts at accelerating
menuju energi bersih, serta penyaluran subsidi energi                 the transition to clean energy and the distribution of
yang tepat sasaran. Pemerintah juga mendorong                         targeted energy subsidies. The government is also
pengembangan energi baru dan terbarukan, seperti                      encouraging the development of new and renewable
tenaga surya, hidro, panas bumi, dan bioenergi, dengan                energy sources, such as solar, hydro, geothermal, and
tujuan menjadikan Indonesia sebagai salah satu pelopor                bioenergy, with the goal of making Indonesia a global
energi bersih di tingkat global.                                      pioneer in clean energy.

Di sisi lain, agenda percepatan investasi dan penguatan               Furthermore, the agenda of accelerating investment
perdagangan global juga akan didorong melalui proyek                  and strengthening global trade will also be driven
strategis, termasuk program hilirisasi dan pembangunan                through strategic projects, including downstreaming
rumah rakyat. Program-program tersebut akan                           programs and the construction of public housing. These
dijalankan melalui Badan Pengelola Investasi (BPI)                    programs will be implemented through the Danantara
Danantara sebagai salah satu instrumen kebijakan                      Investment Management Agency (BPI) as a government
pemerintah.                                                           policy instrument.




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Selain prospek domestik yang kuat, kawasan Asia                   In addition to strong domestic prospects, the Southeast
Tenggara diperkirakan tetap menjadi salah satu wilayah            Asian region is expected to remain one of the regions
dengan pertumbuhan ekonomi yang solid di tingkat                  with solid economic growth globally. The Asian
global. Asian Development Bank (ADB) dalam Asian                  Development Bank (ADB) has projected Southeast
Development Outlook Desember 2025 memproyeksikan                  Asia's economic growth to be around 4.4% in 2026 in
pertumbuhan ekonomi Asia Tenggara berada pada                     its December 2025 Asian Development Outlook. It has
kisaran 4,4% pada 2026, seiring membaiknya kondisi                made this projection in line with improving external
eksternal dan berlanjutnya dukungan belanja publik                conditions and continued support for public spending
di kawasan. Momentum pertumbuhan tersebut                         in the region. This growth momentum will be supported
ditopang oleh ekspansi manufaktur, serta penguatan                by manufacturing expansion and strengthening regional
konektivitas perdagangan regional, yang kemudian                  trade connectivity, which in turn will drive the need for
mendorong kebutuhan investasi infrastruktur secara                sustainable infrastructure investment. The need for
berkelanjutan. Kebutuhan pengembangan infrastruktur               energy, logistics, transportation, storage, and industrial
energi, logistik, transportasi, penyimpanan, dan fasilitas        support facilities in the region is projected to continue
pendukung industri di kawasan ini diproyeksikan terus             to increase in the long term, opening up significant
meningkat dalam jangka panjang, sehingga membuka                  growth opportunities for infrastructure businesses.
ruang pertumbuhan yang signifikan bagi pelaku usaha
infrastruktur.

Sejalan dengan perkembangan tersebut, Direksi                     In line with these developments, the Board of Directors
memandang prospek usaha CDI Group pada tahun                      is of the view CDI Group's business prospects for 2026
2026 tetap positif. Pertama, pertumbuhan ekonomi di               will remain positive. First, economic growth in Southeast
kawasan Asia Tenggara diperkirakan akan mendorong                 Asia is expected to drive increased infrastructure
peningkatan kebutuhan infrastruktur, khususnya pada               demand, particularly in the energy, logistics, and storage
sektor energi, logistik dan fasilitas penyimpanan.                sectors.

Kedua, bertambahnya kontribusi dari aset dan lini bisnis          Second, there will be increased contributions from the
baru Perseroan, termasuk fasilitas tangki bitumen                 Company's new assets and business lines, including the
dan penambahan armada baru di bidang logistik laut,               bitumen tank facility and the addition of a new fleet in
serta penambahan armada logistik darat dan fasilitas              the marine logistics sector, as well as the expansion of
pergudangan. Pengoperasian fasilitas tangki bitumen               its inland logistics fleet and warehousing facilities. The
hingga mencapai kapasitas 12.000 m3 pada tahun 2026,              operation of the bitumen tank facility, with a capacity of
diperkirakan akan menambah peluang pertumbuhan                    12,000 m3 by 2026, is expected to boost the Company's
bisnis Perseroan.                                                 business growth opportunities.

Ketiga, terbangunnya integrasi dan sinergi yang semakin           Third, stronger integration and synergy with its parent
kuat dengan induk usaha, Chandra Asri Group, yang                 company, Chandra Asri Group, is being actively
tengah melakukan ekspansi secara aktif. Ekspansi                  expanded. This expansion is projected to increase
tersebut diproyeksikan akan meningkatkan kebutuhan                demand for the Company's infrastructure services.
terhadap layanan infrastruktur yang disediakan oleh
Perseroan.

Untuk mendukung pencapaian kinerja yang positif                   To support this positive performance, the Company has
tersebut, Perseroan telah menyiapkan sejumlah langkah             prepared a number of strategic steps, including:
strategis, yang antara lain mencakup:

1. Optimalisasi utilisasi aset serta integrasi operasional        1. Optimizing its asset utilization and integrating
   di seluruh lini bisnis.                                           operations across all business lines.
2. Percepatan eksekusi proyek-proyek strategis                    2. Accelerating its execution of strategic projects,
   disertai dengan efisiensi biaya.                                  accompanied by cost efficiencies.
3. Penguatan struktur pendanaan dan manajemen                     3. Strengthening its funding structure and prudent risk
   risiko yang prudent.                                              management.
4. Peningkatan kualitas layanan kepada pelanggan dan              4. Improving its quality of service to customers
   mitra bisnis guna memperkuat hubungan jangka                      and business partners to strengthen long-term
   panjang.                                                          relationships.




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Visi Perseroan untuk menjadi Southeast Asia’s                          The Company's vision to become Southeast Asia's
preferred infrastructure solutions company menjadi                     preferred infrastructure solutions company serves
landasan strategis dalam memperluas jangkauan dan                      as a strategic foundation for expanding its reach
memperkuat posisi Perseroan di Asia Tenggara. Melalui                  and strengthening its position in Southeast Asia. By
penguatan sinergi antar pilar bisnis dan Grup, disiplin                strengthening its synergies between business pillars
dalam pengelolaan risiko, serta fokus pada penciptaan                  and the Group, through disciplined risk management,
nilai jangka panjang, Direksi optimis Perseroan mampu                  and through a focus on long-term value creation, the
mempertahankan pertumbuhan berkelanjutan dan                           Board of Directors is optimistic that the Company will
memberikan kontribusi positif bagi seluruh pemangku                    be able to maintain sustainable growth and provide
kepentingan.                                                           positive contributions to all stakeholders.

Penerapan Tata Kelola Perusahaan yang                                  Good Corporate Governance
Baik                                                                   Implementation
Penerapan prinsip tata kelola perusahaan yang baik                     Good corporate governance (GCG) principles within
(Good Corporate Governance/GCG) di lingkungan CDI                      CDI Group are implemented on the basis of five
Group mengacu pada 5 (lima) prinsip: transparansi,                     pillars: transparency, accountability, responsibility,
akuntabilitas, tanggung jawab, independen, kewajaran                   independence, fairness and equality.
dan kesetaraan.

Dalam    pelaksanaannya,  Perseroan     berpedoman                     In its implementation of these pillars, the Company
pada peraturan perundang-undangan yang relevan.                        has adhered to relevant laws and regulations. These
Di antaranya adalah Peraturan Otoritas Jasa                            include Financial Services Authority (OJK) Regulation
Keuangan (OJK) Nomor 21/POJK.04/2015 tentang                           No. 21/POJK.04/2015 concerning the Implementation
Penerapan Pedoman Tata Kelola Perusahaan Terbuka                       of Guidelines for Public Company Governance and its
serta turunannya, yakni Surat Edaran OJK No. 32/                       derivative, OJK Circular Letter No. 32/SEOJK.04/2015
SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan                   concerning Guidelines for Public Company Governance.
terbuka.

Dalam Surat Edaran OJK No. 32/SEOJK.04/2015,                           OJK Circular Letter No. 32/SEOJK.04/2015 emphasizes
ditegaskan adanya 5 (lima) aspek penerapan GCG yang                    five aspects of GCG implementation, including:
mencakup: Hubungan Perusahaan Terbuka dengan                           the Relationship between Public Companies and
Pemegang Saham Dalam Menjamin Hak-hak Pemegang                         Shareholders in Guaranteeing Shareholder Rights; the
Saham; Fungsi dan Peran Dewan Komisaris; Fungsi dan                    Function and Role of the Board of Commissioners; the
Peran Direksi; Partisipasi Pemangku Kepentingan; dan                   Function and Role of the Board of Directors; Stakeholder
Keterbukaan Informasi.                                                 Participation; and Information Disclosure.

Ketentuan-ketentuan tersebut yang menjadi acuan                        These provisions serve as the Company's reference
Perseroan dalam melaksanakan GCG pada setiap                           in implementing GCG in all of its business activities.
kegiatan usaha. Perseroan secara proaktif melakukan                    The Company proactively conducts regular reviews of
peninjauan berkala terhadap penerapan GCG agar                         its GCG implementation to ensure it remains aligned
senantiasa selaras dengan perkembangan peraturan                       with evolving laws and regulations and industry best
perundang-undangan maupun praktik terbaik di                           practices.
industri.




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Sejalan dengan penerapan GCG, Perseroan juga telah            In line with its GCG implementation, the Company
menetapkan risk management strategy. Pengelolaan              has also established a risk management strategy that
risiko tersebut, antara lain mencakup bidang keuangan         encompasses both financial and operational areas.
maupun operasional.

Upaya mitigasi di bidang keuangan misalnya, dilakukan         Mitigation efforts in the financial sector, for example,
melalui berbagai kebijakan, antara lain melalui               have been implemented through various policies,
pengelolaan struktur permodalan yang kuat dan pruden.         including the management of a strong and prudent
Sementara di bidang operasional, selain menjaga               capital structure. Meanwhile, in the operational sector,
keandalan fasilitas dan infrastruktur aset, Perseroan         in addition to maintaining the reliability of facilities and
senantiasa     mengedepankan     prinsip    kesehatan,        asset infrastructure, the Company has consistently
keselamatan, keamanan dan lingkungan (Health, Safety,         prioritized the principles of Health, Safety, Security, and
Security, Environment/HSSE).                                  the Environment (HSSE).

Perubahan Komposisi Direksi dan Alasannya                     Changes to The Composition of The Board
                                                              of Directors and The Reasons for These
                                                              Changes
Sepanjang tahun buku 2025, terdapat perubahan                 Throughout the 2025 financial year, changes were made
komposisi Direksi Perseroan. Penyesuaian tersebut             to the composition of the Company's Board of Directors.
dilakukan sebagai bagian dari langkah strategis untuk         These adjustments were made as part of a strategic
mendukung fase pertumbuhan Perseroan, termasuk                move to support the Company's growth phase, including
ekspansi usaha dan penguatan platform infrastruktur.          business expansion and strengthening its infrastructure
Perubahan ini sekaligus mencerminkan komitmen                 platform. These changes also reflected the Company's
Perseroan dalam memperkuat tata kelola perusahaan             commitment to strengthening corporate governance
serta memastikan struktur kepemimpinan yang adaptif           and for ensuring an adaptive leadership structure that
dan selaras dengan kebutuhan strategis CDI Group              was aligned with CDI Group's future strategic needs.
pada masa mendatang.




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Dengan komposisi Dewan Direksi hingga laporan                          The composition of the Board of Directors as of the
tahunan ini terbit adalah sebagai berikut:                             publication of this annual report is as follows:


Fransiskus Ruly Aryawan                                : Presiden Direktur | President Director

Jonathan Kandinata                                     : Direktur | Director

Saksit Suntharekanon                                   : Direktur | Director

Merly                                                  : Direktur | Director

Agus Lukman Hakim                                      : Direktur | Director


Apresiasi                                                              Appreciation

Pada tahun buku 2025, Perseroan telah berhasil                         Throughout the 2025 fiscal year, the Company was
merealisasikan sejumlah pencapaian penting, baik                       successfully able to achieve a number of important
dari sisi kinerja operasional, keuangan, maupun aksi                   milestones in terms of operational performance,
korporasi. Pencapaian pada tahun buku ini akan menjadi                 financial performance, and corporate actions. These
modal yang sangat penting bagi pengembangan usaha                      achievements in this fiscal year will serve as crucial
Perseroan di tahun-tahun mendatang.                                    capital for the Company's business development in the
                                                                       years to come.

Atas segala pencapaian tersebut, Direksi menyampaikan                  The Board of Directors would like to express its gratitude
terima kasih kepada Pemegang Saham yang telah                          to Shareholders for all these achievements and for
memberikan kepercayaan untuk menjalan kegiatan                         entrusting us with the Company's business operations.
usaha Perseroan. Terima kasih juga untuk Dewan                         We also would like to extend our gratitude to the Board
Komisaris yang telah menjadi bagian penting dalam                      of Commissioners, who have played a vital role in the
perjalanan bisnis Perseroan.                                           Company's business journey.

Kepada regulator, Perseroan menyampaikan terima kasih                  The Company would like to also express its gratitude
atas bimbingannya, sehingga dapat melalui tahun buku                   to the regulators for their guidance. This guidance has
2025 dengan kinerja yang baik. Perseroan berkomitmen                   enabled us to achieve strong performance in the 2025
untuk selalu mematuhi peraturan perundang-undangan                     fiscal year. The Company is committed to consistently
yang berlaku untuk mewujudkan kinerja usaha yang                       complying with applicable laws and regulations to
berkelanjutan.                                                         achieve sustainable business performance.




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Perseroan juga menyampaikan apresiasi kepada seluruh              The Company also would like to express its appreciation
karyawan atas kontribusi dan dedikasi yang diberikan              to all employees for their contributions and dedication
terhadap pencapaian usaha yang baik sepanjang tahun               to achieving strong business results throughout 2025.
2025. Begitu pun kepada para mitra usaha atas kerja               We also express our appreciation to our business
sama yang baik. Perseroan berharap agar kerja sama                partners for their excellent cooperation. The Company
yang telah terjadi dapat terus ditingkatkan di masa               hopes that this existing cooperation will continue to
mendatang.                                                        improve in the future.




                                                   Jakarta, April 2026
                                                   Jakarta, April 2026




                                               Fransiskus Ruly Aryawan
                                                   Presiden Direktur
                                                   President Director




 PT Chandra Daya Investasi Tbk                               49                              2025 Laporan Tahunan | Annual Report
Page 50
Surat Pernyataan Anggota Direksi dan
Dewan Komisaris tentang Tanggung
Jawab atas Laporan Tahunan 2025
PT Chandra Daya Investasi Tbk
Statement of Responsibility of the Board of Directors and the Board of Commissioners
for the 2025 Annual Report of PT Chandra Daya Investasi Tbk




Kami yang bertanda tangan di bawah ini menyatakan       We, the undersigned, hereby declare that all information
bahwa semua informasi dalam Laporan Tahunan PT          contained in the 2025 Annual Report of PT Chandra
Chandra Daya Investasi Tbk tahun buku 2025 telah        Daya Investasi Tbk has been presented in its entirety.
dimuat secara lengkap dan bertanggung jawab penuh       We accept full responsibility for the accuracy and
atas kebenaran isi Laporan Tahunan Perseroan.           completeness of the contents of the Company’s Annual
                                                        Report.

Demikian pernyataan ini dibuat dengan sebenarnya.       This statement is made truthfully and in full responsibility.


                                             Jakarta, April 2026
                                             Jakarta, April 2026

                                                  Direksi
                                             Board of Directors




                                       Fransiskus Ruly Aryawan
                                   Presiden Direktur | President Director




              Jonathan Kandinata                                                 Merly
                 Direktur | Director                                      Direktur | Director




             Agus Lukmanul Hakim                                     Saksit Suntharekanon
                 Direktur | Director                                      Direktur | Director
Page 51
                                          Jakarta, April 2026
                                          Jakarta, April 2026

                                          Dewan Komisaris
                                      Board of Commissioners




                                 Erry Riyana Hardjapamekas
                          Presiden Komisaris | President Commissioner




        Ade Supandi                       Erwin Ciputra                   Andre Khor Kah Hin
Komisaris (merangkap Komisaris        Komisaris | Commissioner           Komisaris | Commissioner
  Independen | Commissioner
 (concurrently as Independent
        Commissioner)




          Thawat Hirancharukorn                                  Prasit Laohawirapap
           Komisaris | Commissioner                              Komisaris | Commissioner
Page 52
03
Profil
Perusahaan
Company Profile
Page 53

          
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Identitas Perusahaan
Company Identity




Nama Perusahaan
                                       PT Chandra Daya Investasi Tbk (“Perseroan”, “CDI Group ”)
Company Name

Tanggal Pendirian                      13 Februari 2023
Date of Establishment                  13 February 2023

                                       Berdasarkan Pasal 3 Anggaran Dasar Perseroan, Perseroan dapat melaksanakan kegiatan
                                       usaha utama sebagai berikut:
                                       1. Aktivitas perusahaan holding (KBLI 64200); dan
Bidang Usaha                           2. Aktivitas konsultasi manajemen lainnya (KBLI 70209).
Business Lines                         Based on Article 3 of the Company's Articles of Association, the Company may carry
                                       out the following main business activities:
                                       1. Holding company activities (KBLI 64200); and
                                       2. Other management consulting activities (KBLI 70209).
                                       Akta No. 26 tanggal 8 Februari 2023, yang dibuat di hadapan Jose Dima Satria, S.H.,
                                       M.Kn., Notaris di Kota Administrasi Jakarta Selatan, yang telah mendapat pengesahan
                                       pendirian badan hukum perseroan terbatas dari Menkumham melalui Keputusan
                                       Menkumham No. AHU-0011651.AH.01.01. Tahun 2023 tanggal 13 Februari 2023 serta telah
                                       didaftarkan dalam Daftar Perseroan No. AHU-0030379.AH.01.11. Tahun 2023 tanggal 13
                                       Februari 2023 dan telah diumumkan pada Tambahan Berita Negara Republik Indonesia
                                       No. 11703 dan Berita Negara Republik Indonesia No. 30 tanggal 14 April 2023.
Dasar Hukum Pendirian
                                       Deed No. 26 dated 8 February 2023, drawn up before Jose Dima Satria, S.H., M.Kn.,
Legal Basis of Appointment             Notary in the Administrative City of South Jakarta, which has obtained approval for
                                       the establishment of a limited liability company from the Minister of Law and Human
                                       Rights through Minister of Law and Human Rights Decree No. AHU-0011651.AH.01.01. of
                                       2023 dated 13 February 2023, and has been registered in the List of Companies No.
                                       AHU-0030379.AH.01.11. On 13 February 2023, it was announced in the Supplement to
                                       the State Gazette of the Republic of Indonesia No. 11703 and the State Gazette of the
                                       Republic of Indonesia No. 30 on 14 April 2023.

Modal Dasar                            Rp20.000.000.000.000
Authorized Capital                     Rp20,000,000,000,000

Modal Ditempatkan dan
Disetor Penuh                          Rp12.482.937.470.000
Issued and Fully Paid-up               Rp12,482,937,470,000
Capital

Tanggal Pencatatan Saham               9 Juli 2025
Share Registration Date                9 July 2025

Bursa Pencatatan Saham                 Bursa Efek Indonesia
Stock Exchange                         Indonesia Stock Exchange

Kode Saham
                                       CDIA
Ticker Code

Jumlah Karyawan                        380 (termasuk Entitas Anak)
Total Employees                        380 (including subsidiaries)

Alamat                                 Wisma Barito Pacific Tower A, Lantai 5 | 5th Floor
Address                                Jl. Let. Jend. S. Parman Kav. 62-63, Jakarta Barat 11410, Indonesia.

E-mail                                 corporatesecretary.cdi@capcx.com

Situs Web
                                       https://chandradaya-investasi.com/
Website

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Riwayat Singkat Perseroan
Brief Company History




PT Chandra Daya Investasi Tbk (“Perseroan”, “CDI                   PT Chandra Daya Investasi Tbk (“the Company”, “CDI
Group”) adalah perseroan terbatas yang didirikan                   Group”) is a limited liability company established
berdasarkan Akta No. 26 tanggal 8 Februari 2023, yang              under Deed No. 26 dated 8 February 2023, drawn
dibuat di hadapan Jose Dima Satria, S.H., M.Kn., Notaris           up before Jose Dima Satria, S.H., M.Kn., Notary in the
di Kota Administrasi Jakarta Selatan. Pendiriannya                 Administrative City of South Jakarta. Its establishment
telah mendapat pengesahan pendirian badan hukum                    has been approved by the Minister of Law and Human
perseroan terbatas dari Menkumham melalui Keputusan                Rights through Decree No. AHU-0011651.AH.01.01. of
Menkumham No. AHU-0011651.AH.01.01. Tahun 2023                     2023 dated 13 February 2023 and has been registered
tanggal 13 Februari 2023 serta telah didaftarkan dalam             in the Company Register No. AHU-0030379.AH.01.11. of
Daftar Perseroan No. AHU-0030379.AH.01.11. Tahun 2023              2023 dated 13 February 2023 and has been announced
tanggal 13 Februari 2023 dan telah diumumkan pada                  in the Supplement to the State Gazette of the Republic
Tambahan Berita Negara Republik Indonesia No. 11703                of Indonesia No. 11703 and the State Gazette of the
dan Berita Negara Republik Indonesia No. 30 tanggal 14             Republic of Indonesia No. 30 dated 14 April 2023.
April 2023.

Anggaran dasar Perseroan telah mengalami beberapa                  The Company's articles of association have undergone
kali perubahan. Terakhir, perubahan dalam rangka                   several amendments. Most recently, an amendment was
peningkatan modal sebagaimana dinyatakan dalam                     made in the context of a capital increase as stated in
Akta No. 83 tanggal 15 Juli 2025, yang dibuat di hadapan           Deed No. 83 dated 15 July 2025, drawn up before Jose
Jose Dima Satria, S.H., M.Kn., Notaris di Kota Administrasi        Dima Satria, S.H., M.Kn., Notary in the Administrative City
Jakarta Selatan, dan telah diberitahukan kepada Menteri            of South Jakarta, and notified to the Minister of Law as
Hukum sebagaimana dibuktikan dengan Surat No. AHU-                 evidenced by Letter No. AHU-AH.01.03-0187701 dated
AH.01.03-0187701 tanggal 17 Juli 2025 perihal Penerimaan           17 July 2025 regarding the Acceptance of Notification
Pemberitahuan Perubahan Anggaran Dasar PT Chandra                  of Amendments to the Articles of Association of PT
Daya Investasi Tbk serta telah didaftarkan pada Daftar             Chandra Daya Investasi Tbk and has been registered in
Perseroan No. AHU-0161511.AH.01.11.Tahun 2025 tanggal              the Company Register No. AHU-0161511.AH.01.11. of 2025
17 Juli 2025 (“Akta Perseroan No. 83/2025”).                       dated 17 July 2025 (“Company Deed No. 83/2025”).

Perseroan merupakan bagian dari investasi infrastruktur            The Company forms part of the infrastructure
Chandra Asri Group, penyedia solusi energi, kimia                  investments of Chandra Asri Group, a leading provider
dan infrastruktur terkemuka di Asia Tenggara dan                   of energy, chemical, and infrastructure solutions in
EGCO Group, perusahaan induk yang berfokus pada                    Southeast Asia, and EGCO Group, a holding company
investasi bisnis ketenagalistrikan di Thailand. CDI                focused on investments in the electricity business
Group beroperasi terutama di sektor infrastruktur,                 in Thailand. CDI Group operates primarily in the
dengan fokus pada penyediaan solusi yang mendukung                 infrastructure sector, focusing on providing solutions
pertumbuhan industri di seluruh Asia Tenggara.                     that support industrial growth throughout Southeast
                                                                   Asia.

Beragam operasional CDI Group mencakup beberapa                    CDI Group's diverse operations encompass several
pilar bisnis yang saling terkait, termasuk penyediaan              interrelated business pillars, including power generation
dan distribusi listrik, penyediaan dan pengolahan                  and distribution, water supply and treatment, port
air, kepelabuhanan dan penyimpanan, serta logistik.                and storage, and logistics. The Company is committed
Perseroan      berkomitmen       untuk   berkontribusi             to contributing to the development and fulfilment of
dalam pengembangan dan pemenuhan kebutuhan                         critical infrastructure needs, which drive sustainable
infrastruktur penting, yang mendorong pertumbuhan                  economic growth in the region.
ekonomi berkelanjutan di kawasan tersebut.




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CDI Group telah membentuk kemitraan strategis dengan                   CDI Group has formed strategic partnerships with
pemimpin industri domestik dan global yang memiliki                    reputable domestic and global industry leaders. Among
reputasi baik. Di antara mitranya adalah Chandra Asri                  its partners are Chandra Asri Group, Krakatau Steel
Group, Krakatau Steel Group, Salim Group, dan Posco,                   Group, Salim Group, and Posco, which add value and
yang menambah nilai dan keahlian pada operasinya                       expertise to its operations and strengthen its market
serta memperkuat posisi pasarnya.                                      position.

Pada tahun 2025, Perseroan resmi menjadi perusahaan                    In 2025, the Company officially became a publicly listed
terbuka melalui penawaran saham perdana atau Initial                   entity through an Initial Public Offering (IPO) on the
Public Offering (IPO) di Bursa Efek Indonesia. Saham                   Indonesia Stock Exchange. A total of 12,482,937,500
yang ditawarkan ke publik sebanyak 12.482.937.500                      shares were offered to the public at an offering price of
dengan harga penawaran Rp190 per lembar saham.                         Rp190 per share.




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Informasi Perubahan Nama
Information on Name Change




Perseroan sebelumnya bernama PT Chandra Daya                The Company was previously known as PT Chandra
Investasi dan selanjutnya berubah menjadi PT Chandra        Daya Investasi and it further changed to PT Chandra
Daya Investasi Tbk sehubungan dengan perubahan              Daya Investasi Tbk in correlation with amendment of
status Perseroan menjadi perusahaan terbuka.                the Company’s status to be a public limited company.




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Jejak Langkah
Milestones




      2023                                                                              2024
• CDI Group berdiri sebagai             • CDI Group was established               • Membangun dan                  • Built and operated 2.2 MWp
  perusahaan induk investasi              as an investment holding                  mengoperasikan Pembangkit        Solar Power Plant.
  untuk bisnis infrastruktur..            company for infrastructure                Listrik Tenaga Surya
                                          businesses.                               berkapasitas 2,2 MWp
• Melakukan akuisisi 70% saham          • Acquired 70% of PT Krakatau             • Mendirikan PT Chandra          • Established PT Chandra
  PT Krakatau Chandra Energi              Chandra Energi (KCE) shares               Shipping International (CSI)     Shipping International (CSI)
  (KCE) dan 49% saham                     and 49% of                                dan mengakuisisi PT Marina       and acquired PT Marina Indah
  PT Krakatau Tirta Industri (KTI)        PT Krakatau Tirta Industri (KTI)          Indah Maritim (MIM) sebagai      Maritim (MIM) as a subsidiary
  yang menandai dimulainya pilar          shares, marking the start of              anak perusahaan di logistik      in logistics that operates gas
  bisnis energi dan air.                  the energy and water business             yang mengoperasikan kapal        and chemical.
                                          pillar.                                   pengangkut gas dan kimia.
• Akuisisi 50.75% saham                 • Acquired 50.75% of PT Redeco            • Memulai pengoperasian pabrik   • Launched a desalination plant
  PT Redeco Petrolin Utama                Petrolin Utama (RPU).                     desalinasi untuk mendukung       to support copper and gold
  (RPU).                                                                            perusahaan tembaga dan emas      companies in Sumbawa.
• Akuisisi 45% saham                    • Acquired 45% of PT Krakatau               di Sumbawa.
  PT Krakatau Posco Energy                Posco Energy (KPE) shares
  (KPE) senilai US$200 juta               worth US$200 million through
  melalui                                 PT Krakatau Chandra Energi.
  PT Krakatau Chandra Energi.           • Expanding the development
• Melakukan ekspansi stasiun              of electric vehicle charging
  pengisian daya kendaraan                stations outside Cilegon.
  listrik (EV charging station) di
  luar Cilegon.
• Investasi sebesar US$194 juta         • Investment of US$194 million
  dari Electricity Generating             from Electricity Generating
  Public Company Limited atau             Public Company Limited or
  EGCO Group untuk 30% saham              EGCO Group for a 30% stake in
  di CDI Group.                           CDI Group.




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         2025
•      Memulai lini bisnis baru di bidang logistik darat      •   Launched a new business line in land logistics
       melalui akuisisi PT Barito Investa Prima (kini             through its acquisition of PT Barito Investa Prima
       PT Chandra Investa Prima).                                 (now PT Chandra Investa Prima).
•      Memperoleh tambahan modal dari Chandra Asri            •   Obtained additional capital from Chandra Asri
       Group dan EGCO Group.                                      Group and EGCO Group.
•      Memulai lini bisnis Cold Storage melalui PT Chandra    •   Commenced Cold Storage business line through PT
       Cold Chain (CCC).                                          Chandra Cold Chain (CCC).
•      Menghimpun dana sebesar Rp2,4 triliun melalui          •   Raised Rp2.4 trillion through its IPO of 12.48 billion
       Penawaran Umum Perdana (IPO) atas 12,48 miliar             shares at Rp190 per share, achieving a 564x
       saham dengan harga Rp190 per saham, yang                   oversubscription.
       mengalami kelebihan permintaan (oversubscription)
       sebesar 564x.
•      Membangun dua (2) kapal berkapasitas masing-           •   Built two (2) vessels with a capacity of 9,000 Dead
       masing 9.000 Dead Weight Ton (DWT) di Jepang,              Weight Tons (DWT) each in Japan, one of which has
       yang salah satunya sudah diluncurkan pada                  been launched in December 2025.
       Desember 2025.
•      Memperluas operasi logistik daratnya dengan            •   Expanded its land logistics operations by adding 50
       penambahan 50 truk hingga 31 Desember 2025.                trucks until 31 December 2025.
•      Meningkatkan kepemilikan saham di CSI dan MIM          •   Increased its shareholding in CSI and MIM through
       melalui transaksi senilai Rp2,7 triliun. Kini, Grup        transactions worth Rp2.7 trillion. Currently, the CDI
       CDI memegang 99,99% kepemilikan di kedua                   Group holds a 99.99% stake in both companies.
       perusahaan tersebut.
•      Menambahkan 4,7 MWp di Cilegon, meningkatkan           •   Added 4.7 MWp in Cilegon, increasing total solar
       total kapasitas tenaga surya menjadi 11 MWp dan            power capacity to 11 MWp and reducing carbon
       mengurangi emisi karbon hampir 10.000 ton setiap           emissions by nearly 10,000 tons annually—
       tahun—setara dengan lebih dari 469.000 pohon.              equivalent to more than 469,000 trees.
•      Mengakuisisi aset gudang dan tanah di Kawasan          •   Acquired warehouse and land assets in the
       Industri Krakatau I, Cilegon, Banten pada 30 Oktober       Krakatau I Industrial Estate, Cilegon, Banten on 30
       2025.                                                      October 2025.
•      Membangun fasilitas tangki bitumen dengan              •   Built a Bitumen tank facility with a total capacity
       kapasitas total 12.000 m3 untuk menyediakan                of 12,000 m3 to provide integrated industrial
       infrastruktur industri terintegrasi guna mendukung         infrastructure to support the storage and
       penyimpanan dan distribusi bitumen di Indonesia.           distribution of bitumen in Indonesia.




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Visi, Misi dan Nilai-nilai Perusahaan
Visi, Mission, and Corporate Values




Visi Vision                                                     Misi Mission

Perusahaan solusi infrastruktur                                 Menciptakan Nilai melalui kemitraan dan
pilihan di Asia Tenggara                                        memaksimalkan aset perusahaan untuk
Southeast Asia’s preferred                                      mengejar peluang pertumbuhan demi masa
infrastructure solutions company                                depan yang berkelanjutan
                                                                Create Value through partnership and
                                                                maximize the company’s asset to pursue
                                                                growth opportunities for a sustainable future




Nilai-nilai Perusahaan
Corporate Value


Integritas                               Keselamatan
Integrity                                Safety


Bersikap transparan serta                Membangun lingkungan kerja yang
berperilaku sesuai aturan dan etika.     aman, sehat, dan lestari.
Behave transparently and adhere          Create a safe, healthy, and
to rules and ethics.                     sustainable work environment.



Kerja Sama                               Memikul Tanggung Jawab                         Menghargai
Teamwork                                 Accountability                                 Respect



Membangun kolaborasi untuk               Bertanggung jawab atas tugas                   Menghargai dan peduli terhadap
keunggulan bisnis.                       dan kinerja.                                   orang lain.
Foster collaboration for business        Take responsibility for tasks and              Respect and care for others.
excellence.                              performance.




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Kegiatan Usaha
Business Activities




Berdasarkan Anggaran Dasar                                      In accordance with the Articles of
                                                                Association

Sesuai dengan pasal 3 Anggaran Dasar Perseroan,                 Based on Article 3 of the Company's Articles of
Perseroan dapat melaksanakan kegiatan usaha                     Association, the Company may carry out the following
sebagai berikut:                                                main business activities:
1. Aktivitas perusahaan holding (KBLI 64200); dan               1. Holding company activities (KBLI 64200); and
2. Aktivitas konsultasi manajemen lainnya (KBLI 70209).         2. Other management consulting activities (KBLI
                                                                    70209).
Selain daripada itu, untuk mencapai kegiatan usaha di           In addition, to perform the abovementioned business
atas, Perseroan juga dapat melakukan kegiatan usaha             activities, the Company also conducts the following
penunjang sebagai berikut:                                      supporting business activities as follows:

1. Melakukan usaha, baik secara langsung maupun tidak           1.   Conducting business, either directly or indirectly
   langsung melalui kerja sama operasi, penyertaan                   through joint operations, participation (investment)
   (investasi) ataupun pelepasan (divestasi) modal                   or divestment of capital in connection with the
   sehubungan dengan kegiatan usaha utama                            Company's main business activities, including
   Perseroan, termasuk melakukan bentuk usaha                        forming joint ventures with other parties.
   patungan dengan pihak lain.
2. Memberikan      fasilitas  pinjaman,   pendanaan,            2. Providing loans, funding, financing, and/or other
   pembiayaan, dan/atau fasilitas lainnya dalam                    facilities in any form (including but not limited to
   bentuk apapun (termasuk namun tidak terbatas                    letters of credit, bank guarantees, and other facilities
   pada letter of credit, garansi bank, dan fasilitas              commonly provided between companies) to its
   lain yang umumnya diberikan antar perusahaan)                   subsidiaries for the purposes of the Company's and/
   kepada anak-anak perusahaannya untuk keperluan                  or its subsidiaries' main business activities.
   kegiatan usaha utama Perseroan dan/atau anak-
   anak perusahaannya.




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3. Memberikan jaminan, baik kebendaan maupun                           3. Providing collateral, both tangible and personal
   perorangan (termasuk penanggungan) kepada                              (including guarantees) to its subsidiaries in relation
   anak-anak perusahaannya terkait dengan fasilitas                       to loan facilities provided for the purposes of the
   pinjaman yang dilakukan untuk keperluan kegiatan                       Company's and/or its subsidiaries' main business
   usaha utama Perseroan dan/atau anak-anak                               activities.
   perusahaannya.                                                      4. Purchasing, selling, or transferring securities or
4. Membeli, menjual, atau mengalihkan efek-efek                           negotiable instruments issued by its subsidiaries for
   atau surat berharga yang diterbitkan oleh anak-                        the purposes of the main business activities of the
   anak perusahaannya untuk keperluan kegiatan                            Company and/or its subsidiaries.
   usaha utama Perseroan dan/atau anak-anak
   perusahaannya.                                                      5. Providing the necessary funding and/or financing to
5. Memberikan pendanaan dan/atau pembiayaan                               other companies in the context of participating in
   yang diperlukan perusahaan lain dalam rangka                           the share capital of such companies or groups of
   pelaksanaan penyertaan saham di perusahaan atau                        companies or in the context of investing in other
   kelompok perusahaan tersebut atau dalam kerangka                       assets in such companies or groups of companies.
   investasi atas aset lain di perusahaan atau kelompok
   perusahaan tersebut.

Dijalankan pada Tahun Buku                                             Business Activities Implemented in the
                                                                       Fiscal Year

Pada tahun 2025, Perseroan melaksanakan kegiatan                       In 2025, the Company implemented the following
usaha sebagai berikut:                                                 business activities:

1. Aktivitas perusahaan holding (KBLI 64200); dan                      1. Holding company activities (KBLI 64200); and
2. Aktivitas konsultasi manajemen lainnya (KBLI 70209).                2. Other management consulting activities (KBLI
                                                                          70209).




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Produk dan Jasa
Products and Services




  Produk dan Jasa                                                        Uraian/Penjelasan
Products and Services                                                       Description

                                1. Fokus pada penyediaan kelistrikan, jasa kelistrikan, serta pengembangan energi baru terbarukan
                                   dengan memanfaatkan teknologi tenaga surya (solar power); dan
                                2. Menjadi distributor tunggal listrik dalam area 2,666 Ha di wilayah Cilegon.

                                Hingga tahun 2025, kapasitas infrastruktur listrik CDI Group antara lain:
                                1. Pembangkit listrik berteknologi Combined Cycle Power Plant (CCPP) berkapasitas 120 MWp;
                                2. Pembangkit Listrik Tenaga Surya (PLTS) untuk pemakaian sendiri dan tenant memiliki total
                                   kapasitas terpasang sebesar 11 MWp;
                                3. Portofolio investasi ekuitas sebesar 45% pada aset pembangkit listrik tenaga uap berbasis off-
                                   gas berkapasitas 200 MW melalui perusahaan patungan PT Krakatau Posco Energy
                                4. Jaringan Transmisi dan Distribusi untuk menyuplai tenaga listrik di Wilayah Usaha
                                   Ketenagalistrikan yang dilayani oleh Perseroan seluas 2.666 Ha; dan
                                5. Selain itu, juga membangun dan mengoperasikan Stasiun Pengisian Kendaraan Listrik Umum
Penyediaan dan                     (SPKLU) dengan daya pengisian 11 kW dan 7 kW di area SPBU Grogol Cilegon dan Hotel Royale
Distribusi Listrik                 Krakatau serta 6 SPKLU dengan kapasitas 2x7 kW dan 1x7,5 kW di Wisma Barito Pacific dan
Power Generation and               Wisma Barito Pacific II.
Distribution
                                1. Focusing on providing electricity, electrical services, and developing new and renewable energy
                                   by utilizing solar power technology; and
                                2. Becoming the sole electricity distributor in an area of 2,666 hectares in the Cilegon region.

                                By 2025, CDI Group's electricity infrastructure capacity include:
                                1. A 120 MW Combined Cycle Power Plant (CCPP);
                                2. A solar power plant (PLTS) for own use and tenants with a total installed capacity of 11 MWp;
                                3. A 45% equity investment portfolio in a 200 MW off-gas steam power plant asset through the
                                   joint venture PT Krakatau Posco Energy;
                                4. A transmission and distribution network to supply electricity to the 2,666 hectares of land
                                   served by the company; and
                                5. In addition, has developed and operates Public Electric Vehicle Charging Stations (SPKLU) with
                                   charging capacities of 11 kW and 7 kW at SPBU Grogol Cilegon and Hotel Royale Krakatau, as well
                                   as 6 SPKLUs units with capacities of 2x7 kW and 1x7.5 kW at Wisma Barito Pacific and Wisma
                                   Barito Pacific II.




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  Produk dan Jasa                                                            Uraian/Penjelasan
Products and Services                                                           Description

                                1. Berfokus pada pengolahan air bersih dan khusus yang telah beroperasi lebih dari 40 tahun; dan
                                2. Satu-satunya fasilitas terintegrasi di Indonesia, yakni dari hulu hingga hilir.

                                Hingga tahun 2025, kapasitas infrastruktur air CDI Group melalui perusahaan asosiasi KTI, antara
                                lain:
                                1. 4.874 lpd kapasitas terpasang kapasitas produksi air di wilayah Cilegon, Gresik, dan Sumbawa;
                                2. Waduk dengan kapasitas 5,4 juta meter kubik (m3);
                                3. Izin Pengusahaan Sumber Daya Air (IPSDA) dari Sungai Cidanau dan Sungai Cipasauran; dan
                                4. Instalasi pengolahan air khusus, yaitu Instalasi Pengolahan Air Demin, Water Recycle Plant, dan
                                    Waste Water Treatment Plant.
Penyediaan dan
Pengelolaan Air
                                1. Focusing on clean and special water treatment that has been operating for more than 40 years;
Water Supply and
                                   and
Treatment
                                2. The only integrated facility in Indonesia, covering the entire process from upstream to
                                   downstream.

                                By 2025, the water infrastructure capacity of the CDI Group through its associated company KTI,
                                include:
                                1. 4,874 lps of installed water production capacity in the Cilegon, Gresik, and Sumbawa areas;
                                2. A dam with a capacity of 5.4 million cubic meters (m3);
                                3. Water proprietary permits (IPSDA) from the Cidanau and Cipasauran Rivers; and
                                4. Special water treatment installations, namely Demin Water Treatment Plant, Water Recycle Plant,
                                   and Wastewater Treatment Plant.
                                Fokus pada pelayanan tangki dan dermaga untuk produk kimia dan minyak bumi olahan.

                                Hingga tahun 2025, kapasitas infrastruktur dermaga dan tangki CDI Group melalui PT Redeco
                                Petrolin Utama (RPU), antara lain:
                                1. 2 dermaga masing-masing 200 meter LOA (length overall) yang cocok untuk kapal berukuran
                                   35.000 DWT (deadweight tonnage) dengan draft 10 meter;
                                2. 72 tangki dengan total kapasitas 130.000 m3;
                                3. Stasiun pengisian terpusat untuk truk tanker; dan
Kepelabuhanan &                 4. Sistem layanan pesanan pelanggan untuk rencana pengambilan produk yang dibuat khusus.
Penyimpanan
Port & Storage                  Focusing on tank and dock services for chemical and refined petroleum products.

                                By 2025, the port and tank infrastructure capacity of CDI Group through PT Redeco Petrolin Utama
                                (RPU) include:
                                1. 2 jetties, each 200 meters LOA (length overall), suitable for ships of 35,000 DWT (deadweight
                                   tonnage) with a draft of 10 meters;
                                2. 72 tanks with a total capacity of 130,000 m3;
                                3. A centralized filling station for tanker trucks; and
                                4. A customer order service system for customized product pickup plans.




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  Produk dan Jasa                                                         Uraian/Penjelasan
Products and Services                                                        Description

                                Fokus pada bisnis logistik maritim dan darat dengan melayani anak usahanya serta pelanggan
                                eksternal.

                                Hingga tahun 2025, kapasitas infrastruktur logistik CDI Group, yaitu 14 kapal dengan kapasitas
                                4.200-9.600 DWT yang terbagi menjadi kapal kimia dan gas, dan minyak bumi.

                                Perseroan melalui PT SGC Barito Logistics (SBL), yang merupakan entitas terasosiasi dari Perseroan,
                                juga menyediakan jasa logistik darat, meliputi jasa antarpulau, jasa angkutan laut, jasa ekspor impor,
                                dan jasa pengurusan kepabeanan serta manajemen pergudangan.

                                Dalam menjalankan bisnisnya sebagai penyedia jasa logistik darat, SBL mengelola armada truk
                                sebanyak 212 unit pada tahun 2025, termasuk sliding truck, truk kontainer gandeng, wing box truck,
                                flat deck truck dan truk ISO.

                                Perseroan melalui PT Chandra Cold Chain (CCC) memiliki fasilitas cold storage modern dengan
                                kapasitas hingga 700 pallet positions. Selain itu, melalui PT Chandra Warehouse Cilegon (CWC),
                                Perseroan juga memiliki gudang di Kawasan Cilegon dengan luas tanas total sebesar 51.128 m2.
Logistik
Logistics
                                Focus on the maritime and land logistics business by serving both its subsidiaries and external
                                customers.

                                By 2025, the CDI Group's logistics infrastructure capacity consisted of 14 ships with a capacity of
                                4,200-9,600 DWT, divided into chemicals and gas, and oil vessels.

                                Through its associated entity PT SGC Barito Logistics (SBL), the Company also provides land
                                logistics services, including inter-island services, sea transportation services, import-export
                                services, customs clearance services, and warehouse management.

                                In conducting its business as a land logistics service provider, SBL manages a fleet of 212 trucks in
                                2025, including sliding trucks, container trucks, wing box trucks, flat deck trucks, and ISO trucks.

                                Subsequently, the Company's subsidiairy PT Chandra Cold Chain (CCC) operates modern cold
                                storage facilities with a capacity of up to 700 pallet positions. In addition, through PT Chandra
                                Warehouse Cilegon (CWC), the Company also has a warehouse in the Cilegon area with a total land
                                area of 51,128 m2.




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Wilayah Operasional
Operational Area




                                                                                                                                Gresik
                                             Banten


                                                     Cilegon
                                                                                                                                   Gresik
                                                Banten
                                                          Jakarta

                                                          Cilegon

                                                                  Jakarta




Air | Water         Energi | Energy      Logistik | Logistic         Kepelabuhan & Penyimpanan | Port & Storage



    Air | Water        Energi | Energy      Logistik | Logistic         Kepelabuhan & Penyimpanan | Port & Storage




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Sumbawa



 Sumbawa




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Kegiatan operasional utama CDI Group saat ini sebagian                 CDI Group's current main operational activities primarily
besar mencakup wilayah Cilegon, Banten. Perseroan                      cover the areas of Cilegon, Banten. The Company is
juga melakukan ekspansi ke Gresik dan Sumbawa untuk                    also expanding into Gresik and Sumbawa for the water
segmen air, serta aktivitas logistik laut dan darat lintas             segment, as well as cross-regional maritime and land
wilayah.                                                               logistics activities.

Dalam segmen energi, Perseroan melalui entitas                         In the energy segment, the Company, through its
anaknya menjalankan kegiatan penyediaan dan                            subsidiaries, exclusively generate and distributes
distribusi tenaga listrik secara eksklusif di wilayah                  electricity in the Krakatau Industrial Estate, Cilegon.
Kawasan Industri Krakatau, Cilegon. Infrastruktur listrik              The Company's electricity infrastructure includes
Perseroan mencakup pembangkit listrik konvensional                     conventional and renewable energy power plants,
dan energi terbarukan, jaringan transmisi dan distribusi,              transmission and distribution networks, and an
serta wilayah usaha ketenagalistrikan dengan cakupan                   electricity business area covering approximately 2,666
area 2.666 hektar. Listrik yang dihasilkan disalurkan                  hectares. The electricity generated is distributed to
untuk memenuhi kebutuhan pelanggan industri, bisnis,                   meet the needs of industrial, business, social, and
sosial, dan pemerintah, serta pelanggan rumah tangga                   government customers, as well as residential customers
di wilayah operasional tersebut.                                       in the operational area.

Selain itu, Perseroan melalui entitas anaknya membangun                In addition, through its subsidiaries, the Company
dan mengoperasikan Stasiun Pengisian Kendaraan                         develops and operates Public Electric Vehicle Charging
Listrik Umum (SPKLU) yang berlokasi di wilayah Cilegon                 Stations (SPKLU) located in Cilegon and Jakarta.
dan Jakarta.

Pada segmen air, kegiatan operasional Perseroan                        In the water segment, the Company's operational
juga berfokus di wilayah Cilegon dan sekitarnya.                       activities also focus on the Cilegon area and its
Perseroan melalui perusahaan asosiasi mengelola                        surroundings. Through its associated companies, the
fasilitas pengolahan air bersih dan khusus, dan sistem                 Company manages clean and special water treatment
distribusi air untuk memenuhi kebutuhan industri di                    facilities, and water distribution systems to meet the
kawasan. Sumber air baku Perseroan berasal dari Sungai                 needs of industries in the area. The Company's raw water
Cidanau dan Sungai Cipasauran, didukung oleh fasilitas                 sources come from the Cidanau and Cipasauran Rivers,
pengolahan air, waduk, serta infrastruktur pendukung                   supported by water treatment facilities, reservoirs, and
lainnya.                                                               other supporting infrastructure.

Selain wilayah Cilegon, Perseroan melakukan ekspansi                   In addition to the Cilegon area, the Company is expanding
operasional di beberapa wilayah lain di Indonesia,                     its operations in several other areas in Indonesia,
antara lain penyediaan air untuk kebutuhan PDAM di                     including the provision of water for public water utilities
Gresik, Jawa Timur. Selain itu, proyek desalinasi dan                  (PDAM) in Gresik, East Java. In addition, there is a water
demineralisasi air untuk kebutuhan industri di Sumbawa,                desalination and demineralization project for industrial
Nusa Tenggara Barat.                                                   needs in Sumbawa, West Nusa Tenggara.

Di segmen kepelabuhanan dan penyimpanan, Perseroan                     In the port and storage segment, the Company operates
mengoperasikan fasilitas dermaga dan tangki                            dock and storage tank facilities located in Cilegon,
penyimpanan yang berlokasi di wilayah Cilegon, Banten.                 Banten. These facilities are designated to support
Fasilitas ini dirancang untuk mendukung kegiatan                       loading and unloading activities, storage of chemical
bongkar muat, penyimpanan produk kimia dan minyak                      and petroleum products, and logistics distribution for
bumi, serta distribusi logistik bagi pelanggan industri.               industrial customers. The location of port and storage
Keberadaan fasilitas kepelabuhanan dan penyimpanan                     facilities in an area adjacent to industrial zones provides
di wilayah yang berdekatan dengan kawasan industri                     operational efficiency and strengthens the Company's
memberikan efisiensi operasional serta memperkuat                      position as an integrated infrastructure provider.
posisi Perseroan sebagai penyedia infrastruktur
terpadu.




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Untuk segmen logistik, Perseroan menjalankan kegiatan           For the logistics segment, the Company conducts
usaha di bidang logistik maritim dan darat. Armada kapal        business activities in the field of maritime and land
Perseroan melayani pengangkutan produk kimia dan                logistics. The Company's fleet of vessels serve the
gas, dengan cakupan operasional yang bersifat nasional          transportation of chemical and gas, with national and
dan regional, tergantung pada kebutuhan pelanggan               regional operational coverage, depending on customer
dan kontrak yang berlaku.                                       needs and applicable contracts.

Kegiatan logistik darat Perseroan melayani pergudangan          The Company's land logistics activities serve
dan distribusi barang antarpulau dan domestik di                warehousing and inter-island and domestic distribution
Indonesia, yang sebagian besar mencakup Jawa,                   of goods in Indonesia, which mostly covers Java,
Lampung, Bali, dan Sumatra Selatan.                             Lampung, Bali, and South Sumatra.

Meskipun kegiatan logistik memiliki jangkauan lintas            Although logistics activities have a cross-regional
wilayah, manajemen operasional dan basis utama                  reach, operational management and the main base
kegiatan usaha tetap terintegrasi dengan pusat                  of business activities remain integrated with the
operasional Perseroan di Indonesia.                             Company's operational center in Indonesia.

Secara keseluruhan, konsentrasi wilayah operasional             Overall, the concentration of operational areas in
di kawasan industri strategis, khususnya di Cilegon,            strategic industrial zones, particularly in Cilegon,
memungkinkan Perseroan untuk memaksimalkan sinergi              enables the Company to maximize synergies between
antarlini usaha, meningkatkan efisiensi operasional,            business lines, improve operational efficiency, and
serta memberikan layanan infrastruktur yang andal dan           provide reliable and sustainable infrastructure services
berkelanjutan bagi pelanggan industri. Ekspansi selektif        to industrial customers. Selective expansion into other
ke wilayah lain dilakukan secara terukur, sejalan dengan        areas is carried out in a measured manner, in line with
strategi pertumbuhan jangka panjang Perseroan.                  the Company's long-term growth strategy.

Kantor Cabang                                                   Branch Office

Hingga tanggal laporan ini, Perseroan tidak memiliki            As of the date of this report, the Company did not have
kantor cabang. Seluruh kegiatan manajemen dan                   any branch offices. All management and administrative
administrasi Perseroan dijalankan melalui kantor pusat          activities of the Company were carried out through the
Perseroan di Jakarta Barat.                                     Company's head office in West Jakarta




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Keanggotaan pada Asosiasi
Membership in Association




                                                                                                                         Mulai
                             Nama Asosiasi                                             Status                         Bergabung
No.
                              Association                                              Status                           Year of
                                                                                                                      Enrollment
       Asosiasi Emiten Indonesia (AEI)
  1                                                                  Anggota | Member                                      2025
       Indonesian Public Listed Companies Association (AEI)
       Asosiasi Energi Surya Indonesia (AESI)                        Anggota | Member
 2                                                                                                                         2025
       Indonesian Solar Energy Association                           Oleh/By: PT Krakatau Chandra Energi
                                                                     Anggota | Member
 3     Electrical Apparatus Service Association (EASA)                                                                     2024
                                                                     Oleh/By: PT Krakatau Chandra Energi
       Perkumpulan Pusat Logistik Berikat Indonesia                  Anggota | Member
 4                                                                                                                         2025
       Indonesian Bonded Logistics Center Association                Oleh | By: PT Redeco Petrolin Utama
       Persatuan Pengusaha Pelayaran Niaga Nasional
                                                                     Anggota | Member
 5     Indonesia                                                                                                           2025
                                                                     Oleh/By: PT Chandra Shipping International
       Indonesian National Shipowners’ Association (INSA)
       APT3B (Asosiasi Perusahaan TPS dan Tangki Timbun
       Banten)                                                       Anggota | Member
 6                                                                                                                         2025
       APT3B (Association of Banten Landfill and Storage             Oleh/By: PT Redeco Petrolin Utama
       Tank Companies)
       Masyarakat Ketenagalistrikan Indonesia                        Anggota | Member
 7                                                                                                                         2025
       Indonesia Electrical Power Society                            Oleh/By: PT Krakatau Chandra Energi




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Struktur Organisasi
Organizational Structure




 Board of Commissioners




                       Presiden Commissioners
                             Erry Riyana
                           Hardjapamekas


                                                                                 Audit Commite      Audit Commite           Audit Commite
                                                                                   Chairman            Member                  Member
                                                                                 Ade Supandi        Toni Setioko             Jennywati




                                                      Commissioner               Commissioner          Commissioner
  Commissioner                  Commissioner
                                                      Andre Khor                   Thawat                Prasit
  Ade Supandi                   Erwin Ciputra
                                                       Kah Hin                 Hirancharukorn         Laohawirapap




   Board of Directors




                            Presiden Director
                           F. Ruly Aryawan



  Corporate Secretary                               Internal Audit
         Merly                                       Setyo N.




                                                         Director                  Director            Director                  Director
                                                         Saksit S.              Jonathan K.             Merly                Agus L Hakim




                                                     Technical Vice
                                                       President
                                                      Chaisak T.




      Human Resources                  Business Development                   Finance Department   Corporate Affairs          Joint Ventures
         Manager                         General Manager                           Manager             Manager                   Manager
         Rahmad H.                         Pretycia D.                          Rizki Juniarti         Vacant                   Mirza G.




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Profil Dewan Komisaris
Board of Commissioners’ Profile
                        Profile




Erry Riyana   Presiden Komisaris (Komisaris Independen)
              President Commissioner (Independent
Hardjapamekas Commissioner)
Kewarganegaraan | Citizenship                                            Indonesia | Indonesian
Usia | Age                                                               77 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                       Bandung, 5 September 1949 | Bandung, 5 September 1949
Domisili | Domicile                                                      Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Presiden Komisaris pada tahun              First appointed as President Commissioner in 2024, based on
 2024, ditetapkan berdasarkan Akta Pernyataan Keputusan                   the Deed of Shareholders' Resolution Number 5 dated 3 June
 Pemegang Saham Nomor 5 tanggal 3 Juni 2024, dibuat di                    2024, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in
 hadapan Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta,               Jakarta, as notified to the Minister of Law based on the Letter
 sebagaimana telah diberitahukan kepada Menteri Hukum                     of Acceptance of Notification of Changes to Company Data
 berdasarkan Surat Penerimaan Pemberitahuan Perubahan Data                Number AHU-AH.01.09-0210514 dated 5 June 2024.
 Perseroan Nomor AHU-AH.01.09-0210514 tanggal 5 Juni 2024.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Kursus Financial Management dari Harvard Business School •               Financial Management Course from Harvard Business
     (1992)                                                                   School (1992)
 •   Sarjana Ekonomi Akuntansi dari Universitas Padjadjaran •                 Bachelor of Accounting from Padjadjaran University (1978)
     (1978)
 Riwayat Pekerjaan
 Work Experience
 •   Presiden Komisaris merangkap Komisaris Independen di PT              •   President Commissioner and Independent Commissioner
     Chandra Daya Investasi Tbk (2024-saat ini)                               at PT Chandra Daya Investasi Tbk (2024-present)
 •   Penasihat di PT Pembangunan Jaya Ancol Tbk (2024-saat                •   Advisor at PT Pembangunan Jaya Ancol Tbk
     ini)                                                                     (2024-present)
 •   Penasihat Senior di PT Eigerindo Multi Produk Industri               •   Senior Advisor at PT Eigerindo Multi Produk Industri
     (2024-saat ini)                                                          (2024-present)
 •   Komisaris merangkap Komisaris Independen di PT Chandra               •   Commissioner and Independent Commissioner at PT
     Asri Petrochemical Tbk (2021-2024)                                       Chandra Asri Petrochemical Tbk (2021-2024)
 •   Komisaris di PT Puri Dharmawangsa Raya Hotel (2019-saat              •   Commissioner at PT Puri Dharmawangsa Raya Hotel
     ini)                                                                     (2019-present)
 •   Komisaris di PT Lorax Indonesia (2017-saat ini)                      •   Commissioner at PT Lorax Indonesia (2017-present)
 •   Komisaris di PT Trakindo Utama (2015-saat ini)                       •   Commissioner at PT Trakindo Utama (2015-present)
 •   Komisaris Utama di PT Pasifik Satelit Nusantara (2015-saat           •   President Commissioner at PT Pasifik Satelit Nusantara
     ini)                                                                     (2015-present)
 •   Komisaris di PT Maxpower Indonesia (2015-saat ini)                   •   Commissioner at PT Maxpower Indonesia (2015-present)
 •   Komisaris di PT Tirta Investama/Danone (2011-saat ini)               •   Commissioner at PT Tirta Investama/Danone
                                                                              (2011-present)
 •   Komisaris Independen di PT Hero Supermarket Tbk (2009-               •   Independent Commissioner at PT Hero Supermarket Tbk
     saat ini)                                                                (2009-present)
 •   Ketua Oversight Committee Proyek Kalibaru, Tanjung Priok,            •   Chair of the Kalibaru Project Oversight Committee, Tanjung
     di PT Pelindo II (2015-2016)                                             Priok, at PT Pelindo II (2015-2016)
 •   Komisaris Utama di PT MRT Jakarta (2013-2018)                        •   President Commissioner at PT MRT Jakarta (2013-2018)
 •   Direktur Non-Eksekutif di Maybank Bhd. KL (2012-2015)                •   Non-Executive Director at Maybank Bhd.KL (2012-2015)




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•   Komisaris di PT ABM Investama (2011-2015)                     •   Commissioner at PT ABM Investama (2011-2015)
•   Ketua Tim Independen Reformasi Birokrasi Nasional (2011-      •   Chair of the Independent Team for National Bureaucratic
    2014)                                                             Reform (2011-2014)
•   Komisaris di PT Weda Bay Nickel (2010-2017)                   •   Commissioner at PT Weda Bay Nickel (2010-2017)
•   Penasihat di PT Indika Energy Tbk (2010-2014)                 •   Advisor at PT Indika Energy Tbk. (2010-2014)
•   Ketua Tim Pelaksana di Tim Nasional Pengalihan Aktivitas      •   Head of the Implementation Team at the National Team for
    Bisnis TNI (2008-2009)                                            the Transfer of TNI Business Activities (2008-2009)
•   Komisaris Utama di PT Bank BNI Tbk (2008-2009)                •   President Commissioner at PT Bank BNI Tbk (2008-2009)
•   Wakil Ketua/Pimpinan di Komisi Pemberantasan Korupsi          •   Deputy Chair/Leader at the Corruption Eradication
    (2003-2007)                                                       Commission (2003-2007)
•   Komisaris Independen di PT Semen Cibinong Tbk (2002-          •   Independent Commissioner at PT Semen Cibinong Tbk
    2003)                                                             (2002-2003)
•   Komisaris Independen dan Anggota Komite Audit di PT           •   Independent Commissioner and Member of the Audit
    Kabelindo Murni Tbk (2002-2003)                                   Committee at PT Kabelindo Murni Tbk (2002-2003)
•   Komisaris Independen dan Ketua Komite Audit di PT Hero        •   Independent Commissioner and Chair of the Audit
    Supermarket Tbk (2002-2003)                                       Committee at PT Hero Supermarket Tbk (2002-2003)
•   Komisaris Independen di PT Kaltim Prima Coal (Maret-          •   Independent Commissioner at PT Kaltim Prima Coal
    Oktober 2003)                                                     (March-October 2003)
•   Komisaris dan Ketua Komite Audit di PT Pembangunan Jaya       •   Commissioner and Chairman of the Audit Committee at PT
    Ancol Tbk (2001-2003)                                             Pembangunan Jaya Ancol Tbk (2001-2003)
•   Penasihat dan Anggota Komite Audit di PT Unilever             •   Advisor and Member of the Audit Committee at PT Unilever
    Indonesia Tbk (2001-2003)                                         Indonesia Tbk (2001-2003)
•   Penasihat Komisaris di PT Semen Cibinong Tbk (2001-           •   Advisor to the Commissioner at PT Semen Cibinong Tbk
    2003)                                                             (2001-2003)
•   Komisaris Utama di PT Agrakom (2000-2003)                     •   President Commissioner at PT Agrakom (2000-2003)
•   Presiden Direktur di PT Timah Tbk (1999-2002)                 •   President Director at PT Timah Tbk (1999-2002)
•   Direktur Keuangan di PT Timah Tbk (1991-1994)                 •   Finance Director at PT Timah Tbk (1991-1994)
•   Anggota Tim Pengarah Penggunaan Hibah Millennium              •   Member of the Steering Committee for the Use of
    Challenge di Badan Perencanaan Pembangunan Nasional               Millennium Challenge Grants at the National Development
                                                                      Planning Agency
•   Kepala Divisi Akuntansi di PT Tambang Batubara Bukit Asam     •   Head of the Accounting Division at PT Tambang Batubara
    (Persero) (1987-1991)                                             Bukit Asam (Persero) (1987-1991)
•   Kepala Urusan Akuntansi dan Verifikasi di PT Tambang          •   Head of Accounting and Verification at PT Tambang
    Batubara Bukit Asam (Persero) (1982-1987)                         Batubara Bukit Asam (Persero) (1982-1987)
•   Kepala Bagian Akuntansi di Perum Perumnas (1980-1982)         •   Head of Accounting at Perum Perumnas (1980-1982)
•   Kepala Bagian Audit Keuangan di Perum Perumnas (1979-         •   Head of Financial Audit at Perum Perumnas (1979-1980)
    1980)
•   Asisten Teknis Lembaga Manajemen di Fakultas Ekonomi          •   Technical Assistant at the Management Institute, Faculty of
    Universitas Padjadjaran (1978-1979)                               Economics, Padjadjaran University (1978-1979)
•   Asisten Keuangan dan Administrasi di NV Alico (1977-1978)     •   Finance and Administration Assistant at NV Alico (1977-
                                                                      1978)
•   Asisten Penjualan di PT Alinfra (1975-1976)                   •   Sales Assistant at PT Alinfra (1975-1976)
Rangkap Jabatan
Concurrent Position
Merangkap sebagai:                                                Concurrently serving as:
• Presiden Komisaris merangkap Komisaris Independen di PT         • President Commissioner and Independent Commissioner
  Chandra Daya Investasi Tbk (sejak 2024)                           at PT Chandra Daya Investasi Tbk (since 2024)
• Penasihat di PT Pembangunan Jaya Ancol Tbk (sejak 2024)         • Advisor at PT Pembangunan Jaya Ancol Tbk (since 2024)
• Penasihat Senior di PT Eigerindo Multi Produk Industri          • Senior Advisor at PT Eigerindo Multi Produk Industri (since
  (sejak 2024)                                                      2024)
• Komisaris di PT Puri Dharmawangsa Raya Hotel (sejak 2019)       • Commissioner at PT Puri Dharmawangsa Raya Hotel (since
• Komisaris di PT Lorax Indonesia (sejak 2017)                      2019)
• Komisaris di PT Trakindo Utama (sejak 2015)                     • Commissioner at PT Lorax Indonesia (since 2017)
• Komisaris Utama di PT Pasifik Satelit Nusantara (sejak 2015)    • Commissioner at PT Trakindo Utama (since 2015)
• Komisaris di PT Maxpower Indonesia (sejak 2015)                 • President Commissioner at PT Pasifik Satelit Nusantara
• Komisaris di PT Tirta Investama/Danone (sejak 2011)               (since 2015)
• Komisaris Independen di PT Hero Supermarket Tbk (sejak          • Commissioner at PT Maxpower Indonesia (since 2015)
  2009)                                                           • Commissioner at PT Tirta Investama/Danone (since 2011)
                                                                  • Independent Commissioner at PT Hero Supermarket Tbk
                                                                    (since 2009)
Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.




PT Chandra Daya Investasi Tbk                                    73                               2025 Laporan Tahunan | Annual Report
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                                            01                                         02                          03
                                                  Ikhtisar Kinerja                          Laporan Manajemen           Profil Perusahaan
                                                  Performance Highlights                    Management Reports          Company Profile




Erwin                                            Komisaris
Ciputra                                          Commissioner


Kewarganegaraan | Citizenship                                              Indonesia | Indonesian
Usia | Age                                                                 51 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                         Bandung, 21 Juni 1974 | Bandung, 21 June 1974
Domisili | Domicile                                                        Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Komisaris pada tahun 2024,                   First appointed as Commissioner in 2024, based on the Deed
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang                  of Shareholders' Resolution Number 16 dated 4 November
 Saham Nomor 16 tanggal 4 November 2024, dibuat di hadapan                  2024, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in
 Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta, sebagaimana             Jakarta, as notified to the Minister of Law and Human Rights
 telah diberitahukan kepada Menteri Hukum dan Hak Asasi                     based on the Letter of Acceptance of Notification of Changes
 Manusia berdasarkan Surat Penerimaan Pemberitahuan                         to Company Data Number AHU-AH.01.09-0273241 dated 7
 Perubahan Data Perseroan Nomor AHU-AH.01.09-0273241                        November 2024.
 tanggal 7 November 2024.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 Sarjana Ekonomi dari Wharton School, University                     of Bachelor of Economics from the Wharton School, University of
 Pennsylvania, Philadelphia, Amerika Serikat (1996)                     Pennsylvania, Philadelphia, United States (1996)
 Riwayat Pekerjaan
 Work Experience
 •   Presiden Komisaris di PT Chandra Daya Warehouse (2025-                 •   President Commissioner at PT Chandra Daya Warehouse
     saat ini)                                                                  (2025-present)
 •   Presiden Komisaris di PT Chandra Trading Nusantara                     •   President Commissioner at PT Chandra Trading Nusantara
     (2025-saat ini)                                                            (2025-present)
 •   Presiden Komisaris di PT Chandra Capital Indonesia (2025-              •   President Commissioner at PT Chandra Capital Indonesia
     saat ini)                                                                  (2025-present)
 •   Presiden Komisaris di PT Chandra Warehouse Cilegon                     •   President Commissioner at PT Chandra Warehouse Cilegon
     (2025-saat ini)                                                            (2025-present)
 •   CEO di Chandra Asri Trading Company Pte. Ltd. (2025-saat               •   CEO at Chandra Asri Trading Company Pte. Ltd.
     ini)                                                                       (2025-present)
 •   Direktur di CAPGC Pte. Ltd. (2025-saat ini)                            •   Director at CAPGC Pte. Ltd. (2025-present)
 •   Direktur di Aster Chemicals and Energy Pte. Ltd. (2025-                •   Director at Aster Chemicals and Energy Pte. Ltd.
     saat ini)                                                                  (2025-present)
 •   Direktur di Aster Asia Alpha Pte. Ltd. (2025-saat ini)                 •   Director at Aster Asia Alpha Pte. Ltd. (2025-present)
 •   Direktur di Aster Power Pte. Ltd. (2025-saat ini)                      •   Director at Aster Power Pte. Ltd. (2025-present)
 •   Direktur di Aster Port & Terminals Pte. Ltd. (2025-saat ini)           •   Director at Aster Port & Terminals Pte. Ltd. (2025-present)
 •   Direktur di Aster Engineering Services Pte.Ltd. (2025-saat             •   Director at Aster Engineering Services Pte.Ltd.
     ini)                                                                       (2025-present)




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Page 75
    04                                                      05                                                06
         Analisis dan Pembahasan Manajemen                          Tata Kelola Perusahaan                         Laporan Keuangan
         Management Discussion and Analysis                         Good Corporate Governance                      Financial Reports




•   Direktur di Aster Polymer Solutions Pte. Ltd. (2025-saat ini)        •   Director at Aster Polymer Solutions Pte. Ltd. (2025-present)
•   Direktur di Chandra Asri Oil Gas Pte. Ltd. (2025-saat ini)           •   Director at Chandra Asri Oil Gas Pte. Ltd. (2025-present)
•   Presiden Komisaris di PT Borneo Bangun Banua Bestari                 •   President Commissioner at PT Borneo Bangun Banua Bestari
    (2024-saat ini)                                                          (2024-present)
•   Presiden Komisaris di PT Borneo Bangun Banua                         •   President Commissioner at PT Borneo Bangun Banua
    (2024-saat ini)                                                          (2024-present)
•   Presiden Komisaris di PT Multi Tambangjaya Utama                     •   President Commissioner at PT Multi Tambangjaya Utama
    (2024-saat ini)                                                          (2024-present)
•   Presiden Komisaris di PT Chandra Maritime International              •   President Commissioner at PT Chandra Maritime International
    (2024-saat ini)                                                          (2024-present)
•   Presiden Komisaris di PT Chandra Domestic Warehouse                  •   President Commissioner at PT Chandra Domestic Warehouse
    (2024-saat ini)                                                          (2024-present)
•   Komisaris di PT Chandra Daya Investasi (2024-saat ini)               •   Commissioner at PT Chandra Daya Investasi (2024-present)
•   Presiden Komisaris di PT Armada Maritim Persada                      •   President Commissioner at PT Armada Maritim Persada
    (2023-saat ini)                                                          (2023-present)
•   Komisaris di PT Prima Mineral Investindo (2023-saat ini)             •   Commissioner at PT Prima Mineral Investindo (2023-present)
•   Komisaris di PT Green Natural Investama (2023-saat ini)              •   Commissioner at PT Green Natural Investama (2023-present)
•   Komisaris di PT Kreasi Jasa Persada (2023-saat ini)                  •   Commissioner at PT Kreasi Jasa Persada (2023-present)
•   Komisaris di PT Petrosea Tbk (2023-saat ini)                         •   Commissioner at PT Petrosea Tbk (2023-present)

•   Komisaris di PT Barito Renewables Energy Tbk (2023-saat ini)         •   Commissioner at PT Barito Renewables Energy Tbk
                                                                             (2023-present)
•   Presiden Direktur di PT Chandra Cilegon Port (2023-saat ini)         •   President Director at PT Chandra Cilegon Port (2023-present)
                                                                         •   President Director at PT Chandra Samudera Port
•   Presiden Direktur di PT Chandra Samudera Port                            (2023-present)
    (2023-saat ini)                                                      •   President Director at PT Chandra Asri Alkali (2023-present)
•   Presiden Direktur di PT Chandra Asri Alkali (2023-saat ini)          •   President Director at PT Chandra Pelabuhan Nusantara
                                                                             (2023-present)
•   Presiden Direktur di PT Chandra Pelabuhan Nusantara                  •   President Commissioner at PT Petrindo Jaya Kreasi Tbk
    (2023-saat ini)                                                          (2022-present)
•   Presiden Komisaris di PT Petrindo Jaya Kreasi Tbk (2022-saat         •   Commissioner at PT Tamtama Perkasa (2022-present)
    ini)
•   Komisaris di PT Tamtama Perkasa (2022-saat ini)                      •   Commissioner at PT Mareta Persada (2022-present)
•   Komisaris di PT Mareta Persada (2022-saat ini)                       •   Commissioner at PT Pika Utama Resources (2022-present)
•   Komisaris di PT Pika Utama Resources (2022-saat ini)                 •   Commissioner at PT Bara International (2022-present)
•   Komisaris di PT Bara International (2022-saat ini)                   •   Commissioner at PT Daya Bumindo Karunia (2022-present)
•   Komisaris di PT Daya Bumindo Karunia (2022-saat ini)                 •   Commissioner at PT Equator Sumber Energi (2022-present)
•   Komisaris di PT Equator Sumber Energi (2022-saat ini)                •   Commissioner at PT Intam (2022-present)
•   Komisaris di PT Intam (2022-saat ini)
•   Direktur di Star Energy Group Holdings Pte. Ltd. (2022-saat          •   Director at Star Energy Group Holdings Pte. Ltd.
    ini)                                                                     (2022-present)
•   Presiden Direktur di PT Chandra Asri Perkasa (2017-saat ini)         •   President Director at PT Chandra Asri Perkasa (2017-present)
•   Presiden Direktur di PT Chandra Asri Pacific Tbk (2011-saat ini)     •   President Director at PT Chandra Asri Pacific Tbk
                                                                             (2011-present)
•   Presiden Komisaris di PT Chandra Shipping International              •   President Commissioner at PT Chandra Shipping International
    (2024)                                                                   (2024)
•   Presiden Komisaris di PT Marina Indah Maritim (2024)                 •   President Commissioner at PT Marina Indah Maritim (2024)
•   Presiden Direktur di PT Chandra Asri Port (2023-2025)                •   President Director at PT Chandra Asri Port (2023-2025)
•   Komisaris di PT Krakatau Chandra Energi (2023-2024)                  •   Commissioner at PT Krakatau Chandra Energi (2023-2024)
•   Presiden Direktur di PT Chandra Daya Investasi (2023-2024)           •   President Director at PT Chandra Daya Investasi (2023-2024)
•   Komisaris di PT Krakatau Tirta Industri (2023)                       •   Commissioner at PT Krakatau Tirta Industri (2023)
•   Komisaris di PT SCG Barito Logistics (2022-2023)                     •   Commissioner at PT SCG Barito Logistics (2022-2023)
•   Komisaris di PT Petrindo Jaya Kreasi Tbk (2022)                      •   Commissioner at PT Petrindo Jaya Kreasi Tbk (2022)
•   Direktur di Chandra Asri Trading Company Pte. Ltd. (2020-            •   Director at Chandra Asri Trading Company Pte. Ltd. (2020-
    2022)                                                                    2022)
•   Presiden Komisaris di PT Synthetic Rubber Indonesia (2013-           •   President Commissioner at PT Synthetic Rubber Indonesia
    2019)                                                                    (2013-2019)
•   Direktur di Altus Capital Pte. Ltd. (sekarang Chandra Asri           •   Director at Altus Capital Pte. Ltd. (now Chandra Asri Trading
    Trading Company Pte. Ltd.) (2010-2018)                                   Company Pte. Ltd.) (2010-2018)
•   Presiden Direktur di PT Chandra Asri (2007-2010)                     •   President Director at PT Chandra Asri (2007-2010)
•   Wakil Presiden Direktur di PT Chandra Asri (2004-2007)               •   Vice President Director at PT Chandra Asri (2004-2007)




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                                                 Ikhtisar Kinerja                        Laporan Manajemen             Profil Perusahaan
                                                 Performance Highlights                  Management Reports            Company Profile




Rangkap Jabatan
Concurrent Position
•   Presiden Komisaris di PT Chandra Daya Warehouse                        •   President Commissioner at PT Chandra Daya Warehouse
    (sejak 2025)                                                               (since 2025)
•   Presiden Komisaris di PT Chandra Trading Nusantara                     •   President Commissioner at PT Chandra Trading Nusantara
    (sejak 2025)                                                               (since 2025)
•   Presiden Komisaris di PT Chandra Capital Indonesia                     •   President Commissioner at PT Chandra Capital Indonesia
    (sejak 2025)                                                               (since 2025)
•   Presiden Komisaris di PT Chandra Warehouse Cilegon (sejak              •   President Commissioner at PT Chandra Warehouse Cilegon
    2025)                                                                      (since 2025)
•   CEO di Chandra Asri Trading Company Pte. Ltd.                          •   CEO at Chandra Asri Trading Company Pte. Ltd. (since
    (sejak 2025)                                                               2025)
•   Direktur di CAPGC Pte. Ltd. (sejak 2025)                               •   Director at CAPGC Pte. Ltd. (since 2025)
•   Direktur di Aster Chemicals and Energy Pte. Ltd.                       •   Director at Aster Chemicals and Energy Pte. Ltd.
    (sejak 2025)                                                               (since 2025)
•   Direktur di Aster Asia Alpha Pte. Ltd. (sejak 2025)                    •   Director at Aster Asia Alpha Pte. Ltd. (since 2025)
•   Direktur di Aster Power Pte. Ltd. (sejak 2025)                         •   Director at Aster Power Pte. Ltd. (since 2025)
•   Direktur di Aster Port & Terminals Pte. Ltd. (sejak 2025)              •   Director at Aster Port & Terminals Pte. Ltd. (since 2025)
•   Direktur di Aster Engineering Services Pte.Ltd.                        •   Director at Aster Engineering Services Pte.Ltd. (since 2025)
    (sejak 2025)
•   Direktur di Aster Polymer Solutions Pte. Ltd. (sejak 2025)             •   Director at Aster Polymer Solutions Pte. Ltd. (since 2025)
•   Direktur di Chandra Asri Oil Gas Pte. Ltd. (sejak 2025)                •   Director at Chandra Asri Oil Gas Pte. Ltd. (since 2025)
•   Presiden Komisaris di PT Borneo Bangun Banua Bestari                   •   President Commissioner at PT Borneo Bangun Banua
    (sejak 2024)                                                               Bestari (since 2024)
•   Presiden Komisaris di PT Borneo Bangun Banua                           •   President Commissioner at PT Borneo Bangun Banua (since
    (sejak 2024)                                                               2024)
•   Presiden Komisaris di PT Multi Tambangjaya Utama                       •   President Commissioner at PT Multi Tambangjaya Utama
    (sejak 2024)                                                               (since 2024)
•   Presiden Komisaris di PT Chandra Maritime International                •   President Commissioner at PT Chandra Maritime
    (sejak 2024)                                                               International (since 2024)
•   Presiden Komisaris di PT Chandra Domestic Warehouse                    •   President Commissioner at PT Chandra Domestic
    (sejak 2024)                                                               Warehouse (since 2024)
•   Komisaris di PT Chandra Daya Investasi (sejak 2024)                    •   Commissioner at PT Chandra Daya Investasi (since 2024)
•   Presiden Komisaris di PT Armada Maritim Persada                        •   President Commissioner at PT Armada Maritim Persada
    (sejak 2023)                                                               (since 2023)
•   Komisaris di PT Prima Mineral Investindo (sejak 2023)                  •   Commissioner at PT Prima Mineral Investindo (since 2023)
•   Komisaris di PT Green Natural Investama (sejak 2023)                   •   Commissioner at PT Green Natural Investama (since 2023)
•   Komisaris di PT Kreasi Jasa Persada (sejak 2023)                       •   Commissioner at PT Kreasi Jasa Persada (since 2023)
•   Komisaris di PT Petrosea Tbk (sejak 2023)                              •   Commissioner at PT Petrosea Tbk (since 2023)
•   Komisaris di PT Barito Renewables Energy Tbk                           •   Commissioner at PT Barito Renewables Energy Tbk
    (sejak 2023)                                                               (since 2023)
•   Presiden Direktur di PT Chandra Cilegon Port (sejak 2023)              •   President Director at PT Chandra Cilegon Port
                                                                               (since 2023)
•   Presiden Direktur di PT Chandra Samudera Port (sejak 2023)             •   President Director at PT Chandra Samudera Port (since
                                                                               2023)
•   Presiden Direktur di PT Chandra Asri Alkali (sejak 2023)               •   President Director at PT Chandra Asri Alkali
                                                                               (since 2023)
•   Presiden Direktur di PT Chandra Pelabuhan Nusantara                    •   President Director at PT Chandra Pelabuhan Nusantara
•   (sejak 2023)                                                               (since 2023)
•   Presiden Komisaris di PT Petrindo Jaya Kreasi Tbk (sejak               •   President Commissioner at PT Petrindo Jaya Kreasi Tbk
    2022)                                                                      (since 2022)
•   Komisaris di PT Tamtama Perkasa (sejak 2022)                           •   Commissioner at PT Tamtama Perkasa (since 2022)
•   Komisaris di PT Mareta Persada (sejak 2022)                            •   Commissioner at PT Mareta Persada (since 2022)
•   Komisaris di PT Pika Utama Resources (sejak 2022)                      •   Commissioner at PT Pika Utama Resources (since 2022)
•   Komisaris di PT Bara International (sejak 2022)                        •   Commissioner at PT Bara International (since 2022)
•   Komisaris di PT Daya Bumindo Karunia (sejak 2022)                      •   Commissioner at PT Daya Bumindo Karunia (since 2022)
•   Komisaris di PT Equator Sumber Energi (sejak 2022)                     •   Commissioner at PT Equator Sumber Energi (since 2022)
•   Komisaris di PT Intam (sejak 2022)                                     •   Commissioner at PT Intam ((since 2022)
•   Direktur di Star Energy Group Holdings Pte. Ltd.                       •   Director at Star Energy Group Holdings Pte. Ltd. (since
    (sejak 2022)                                                               2022)
•   Presiden Direktur di PT Chandra Asri Perkasa (sejak 2017)              •   President Director at PT Chandra Asri Perkasa (since 2017)
Hubungan Afiliasi
Affiliate Relationship
Memiliki hubungan afiliasi dengan Pemegang Saham Utama/ Has an affiliated relationship with the Board of Commissioners,
Pengendali.                                             Board of Directors, or Major/Controlling Shareholders.




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     04                                                     05                                               06
          Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                           Laporan Keuangan
          Management Discussion and Analysis                     Good Corporate Governance                        Financial Reports




Andre Khor                                      Komisaris
Kah Hin                                         Commissioner


Kewarganegaraan | Citizenship                                         Malaysia | Malaysian
Usia | Age                                                            44 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                    Pulau Pinang, 12 April 1981 | Pulau Pinang, 12 April 1981
Domisili | Domicile                                                   Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Komisaris pada tahun 2025,               First appointed as Commissioner in 2025, based on the Deed
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang              of Shareholders' Resolution Number 78 dated 20 January
 Saham Nomor 78 tanggal 20 Januari 2025, dibuat di hadapan              2025, drawn up before Jose Dima Satria, S.H., M.Kn., Notary in
 Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta, sebagaimana         Jakarta, as notified to the Minister of Law based on the Letter
 telah diberitahukan kepada Menteri Hukum berdasarkan Surat             of Acceptance of Notification of Data Changes Number AHU-
 Penerimaan Pemberitahuan Perubahan Data Nomor AHU-                     AH.01.09-0060230 dated 6 February 2025.
 AH.01.09-0060230 tanggal 6 Februari 2025.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Fellow Chartered Treasurer (dengan Distinction) dari               •   Fellow Chartered Treasurer (with Distinction) from the
     Association of Corporate Treasurers (2012)                             Association of Corporate Treasurers (2012)
 •   Magister Keuangan (dengan Distinction) dari London                 •   Master of Finance (with Distinction) from London Business
     Business School, Inggris (2009)                                        School, England (2009)
 •   Fellow Chartered Management Accountant (Prize Winner)              •   Fellow Chartered Management Accountant (Prize Winner)
     dari Chartered Institute of Management Accountants                     from the Chartered Institute of Management Accountants
     (2006)                                                                 (2006)
 •   Sarjana Keuangan, Akuntansi dan Manajemen (dengan                  •   Bachelor of Finance, Accounting and Management with
     First Class Honours) dari University of Nottingham, Inggris            (First Class Honors) from the University of Nottingham,
     (2003)                                                                 England (2003)
 Riwayat Pekerjaan
 Work Experience
 •   Komisaris di PT Chandra Daya Investasi (2025-saat ini)             •   Commissioner at PT Chandra Daya Investasi Tbk
                                                                            (2025-present)
 •   Direktur di Aster Chemicals and Energy Pte. Ltd.                   •   Director at Aster Chemicals and Energy Pte. Ltd.
     (2025-saat ini)                                                        (2025-present)
 •   Direktur di Aster Asia Alpha Pte. Ltd. (2025-saat ini)             •   Director at Aster Asia Alpha Pte. Ltd. (2025-present)
 •   Direktur di Aster Power Pte. Ltd. (2025-saat ini)                  •   Director at Aster Power Pte. Ltd. (2025-present)
 •   Direktur di Aster Port & Terminals Pte. Ltd. (2025-saat ini)       •   Director at Aster Port & Terminals Pte. Ltd. (2025-present)
 •   Direktur di Aster Engineering Services Pte. Ltd. (2025-saat        •   Director at Aster Engineering Services Pte. Ltd.
     ini)                                                                   (2025-present)
 •   Direktur di Aster Polymer Solutions Pte. Ltd. (2025-saat ini)      •   Director at Aster Polymer Solutions Pte. Ltd.
                                                                            (2025-present)
 •   Direktur di Aster Mobility Solutions Pte. Ltd. (2025-saat ini)     •   Director at Aster Mobility Solutions Pte. Ltd.
                                                                            (2025-present)
 •   Direktur di Chandra Asri Mobility Solutions Pte. Ltd.              •   Director at Chandra Asri Mobility Solutions Pte. Ltd.
     (2025-saat ini)                                                        (2025-present)
 •   Direktur di Chandra Maritime International Pte. Ltd. (2025-        •   Director at Chandra Maritime International Pte. Ltd.
     saat ini)                                                              (2025-present)
 •   Direktur di Chandra Industrial Infra Pte. Ltd. (2024-saat ini)     •   Director at Chandra Industrial Infra Pte. Ltd.
                                                                            (2024-present)
 •   Direktur di CAPGC Pte. Ltd. (2024-saat ini)                        •   Director at CAPGC Pte. Ltd. (2024-present)


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                                            01                                      02                             03
                                                 Ikhtisar Kinerja                        Laporan Manajemen              Profil Perusahaan
                                                 Performance Highlights                  Management Reports             Company Profile




•   Direktur di Chandra Bio Investment Pte. Ltd. (2024-saat ini)           •   Director at Chandra Asri Bio Investment Pte. Ltd.
                                                                               (2024-present)
•   Direktur di PT Chandra Cilegon Port (2023-saat ini)                    •   Director at PT Chandra Cilegon Port (2023-present)
•   Direktur di PT Chandra Samudera Port (2023-saat ini)                   •   Director at PT Chandra Samudera Port (2023-present)
•   Direktur di PT Chandra Pelabuhan Nusantara (2023-saat                  •   Director at PT Chandra Pelabuhan Nusantara
    ini)                                                                       (2023-present)
•   Direktur di PT Chandra Asri Capital Pte. Ltd (2023-saat ini)           •   Director at Chandra Asri Capital Pte. Ltd. (2023-present)
•   Direktur di PT Chandra Asri Alkali (2023-saat ini)                     •   Director at PT Chandra Asri Alkali (2023-present)
•   Komisaris di PT Synthetic Rubber Indonesia (2020-saat ini)             •   Commissioner at PT Synthetic Rubber Indonesia
                                                                               (2020-present)
•   Direktur di PT Chandra Asri Perkasa (2019-saat ini)                    •   Director at PT Chandra Asri Perkasa (2019-present)
•   Direktur di Chandra Asri Trading Company Pte. Ltd.                     •   Director at Chandra Asri Trading Company Pte. Ltd.
    (2019-saat ini)                                                            (2019-present)
•   Direktur Keuangan di PT Chandra Asri Pacific Tbk                       •   Finance Director at PT Chandra Asri Pacific Tbk
    (2019-saat ini)                                                            (2019-present)
•   Direktur di PT Chandra Asri Konsultasi (2024-2025)                     •   Director at PT Chandra Asri Konsultasi (2024-2025)
•   Komisaris di PT Krakatau Posco Energy (2023-2025)                      •   Commissioner at PT Krakatau Posco Energy (2023-2025)
•   Direktur di PT Chandra Asri Port (2023-2025)                           •   Director at PT Chandra Asri Port (2023-2025)
•   Direktur di PT Chandra Daya Investasi (2023-2025)                      •   Director at PT Chandra Daya Investasi (2023-2025)
•   Wakil Presiden Keuangan di PT Chandra Asri Pacific Tbk                 •   Vice President of Finance at PT Chandra Asri Pacific Tbk
    (dahulu bernama PT Chandra Asri Petrochemical Tbk)                         (formerly PT Chandra Asri Petrochemical Tbk) (2018-2019)
    (2018-2019)

Riwayat pekerjaan sebelum bergabung dengan Chandra Asri                    Work experience summary prior to joining Chandra Asri
Group:                                                                     Group:
• Chief Financial Officer, Trading di Golden Agri Resources                • Chief Financial Officer, Trading at Golden Agri Resources
   (2017-2018)                                                               (2017-2018)
• Deputy Chief Financial Officer, Downstream di Golden Agri                • Deputy Chief Financial Officer, Downstream at Golden Agri
   Resources (2016-2017)                                                     Resources (2016-2017)
• Direktur Keuangan di Shell Indonesia & Australia (2012-                  • Finance Director at Shell Indonesia & Australia (2012-2016)
   2016)
Rangkap Jabatan
Concurrent Position

•   Komisaris di PT Chandra Daya Investasi (sejak 2025)                    •   Commissioner at PT Chandra Daya Investasi (since 2025)
•   Direktur di Aster Chemical and Energy Pte. Ltd. (sejak                 •   Director at Aster Chemical and Energy Pte. Ltd. (since
    2025)                                                                      2025)
•   Direktur di Aster Asia Alpha Pte. Ltd. (sejak 2025)                    •   Director at Aster Asia Alpha Pte. Ltd. (since 2025)
•   Direktur di Aster Power Pte. Ltd. (sejak 2025)                         •   Director at Aster Power Pte. Ltd. (since 2025)
•   Direktur di Aster Port & Terminals Pte. Ltd. (sejak 2025)              •   Director at Aster Port & Terminals Pte. Ltd. (since 2025)
•   Direktur di Aster Engineering Services Pte. Ltd. (sejak 2025)          •   Director at Aster Engineering Services Pte. Ltd. (since
                                                                               2025)
•   Direktur di Aster Polymer Solutions Pte. Ltd. (sejak 2025)             •   Director at Aster Polymer Solutions Pte. Ltd. (since 2025)
•   Direktur di Aster Mobility Solutions Pte. Ltd. (sejak 2025)            •   Director at Aster Mobility Solutions Pte. Ltd. (since 2025)
•   Direktur di Chandra Asri Mobility Solutions Pte. Ltd. (sejak           •   Director at Chandra Asri Mobility Solutions Pte. Ltd. (since
    2025)                                                                      2025)
•   Direktur di Chandra Maritime International Pte. Ltd. (sejak            •   Director at Chandra Maritime International Pte. Ltd. (since
    2025)                                                                      2025)
•   Direktur di Chandra Industrial Infra Pte. Ltd. (sejak 2024)            •   Director at Chandra Industrial Infra Pte. Ltd. (since 2024)
•   Direktur di CAPGC Pte. Ltd. (sejak 2024)                               •   Director at CAPGC Pte. Ltd. (since 2024)
•   Direktur di Chandra Asri Bio Investment Pte. Ltd. (sejak               •   Director at Chandra Asri Bio Investment Pte. Ltd. (since
    2024)                                                                      2024)
•   Direktur di PT Chandra Cilegon Port (sejak 2023)                       •   Director at PT Chandra Cilegon Port (since 2023)
•   Direktur di PT Chandra Samudera Port (sejak 2023)                      •   Director at PT Chandra Samudera Port (since 2023)
•   Direktur di PT Chandra Pelabuhan Nusantara (sejak 2023)                •   Director at PT Chandra Pelabuhan Nusantara (since 2023)
•   Direktur di Chandra Asri Capital Pte. Ltd. (sejak 2023)                •   Director at Chandra Asri Capital Pte. Ltd. (since 2023)
•   Direktur di PT Chandra Asri Alkali (sejak 2023)                        •   Director at PT Chandra Asri Alkali (since 2023)
•   Komisaris di PT Synthetic Rubber Indonesia (sejak 2020)                •   Commissioner at PT Synthetic Rubber Indonesia (since
                                                                               2020)
•   Direktur di PT Chandra Asri Perkasa (sejak 2019)                       •   Director at PT Chandra Asri Perkasa (since 2019)
•   Direktur di Chandra Asri Trading Company Pte. Ltd. (sejak              •   Director at Chandra Asri Trading Company Pte. Ltd. (since
    2019)                                                                      2019)
Hubungan Afiliasi
Affiliate Relationship
Memiliki hubungan afiliasi dengan Pemegang Saham Utama/ Has an affiliated relationship with the Board of Commissioners,
Pengendali.                                             Board of Directors, or Major/Controlling Shareholders.




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          Management Discussion and Analysis                   Good Corporate Governance                    Financial Reports




Thawat                                         Komisaris
Hirancharukorn                                 Commissioner


Kewarganegaraan | Citizenship                                      Thailand | Thai
Usia | Age                                                         53 tahun | year old
Tempat dan Tanggal Lahir | Place and Date of Birth                 Bangkok, 29 Maret 1972 | Bangkok, 29 March 1972
Domisili | Domicile                                                Thailand



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Komisaris pada tahun 2023,           First appointed as Commissioner in 2023, based on the Deed
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang          of Shareholders' Resolution Number 168 dated 18 December
 Saham Nomor 168 tanggal 18 Desember 2023, sebagaimana              2023, as notified to the Minister of Law and Human Rights of
 telah diberitahukan kepada Menteri Hukum dan Hak Asasi             the Republic of Indonesia based on the Letter of Acceptance
 Manusia Republik Indonesia berdasarkan Surat Penerimaan            of Notification of Amendments to the Articles of Association
 Pemberitahuan Perubahan Anggaran Dasar Nomor AHU-                  Number AHU-AH.01.03-0158167 and the Letter of Acceptance
 AH.01.03-0158167 dan Surat Penerimaan Pemberitahuan                of Notification of Amendments to Company Data Number
 Perubahan Data Perseroan Nomor AHU-AH.01.09-0197442,               AHU-AH.01.09-0197442, both dated 18 December 2023.
 keduanya tertanggal 18 Desember 2023.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Sarjana Hukum dari Sukhothai Thammathirat Open                 •   Bachelor of Laws from Sukhothai Thammathirat Open
     University, Thailand (2002)                                        University, Thailand (2002)
 •   Magister Administrasi Bisnis dari Chulalongkorn University,    •   Master of Business Administration from Chulalongkorn
     Thailand (1994)                                                    University, Thailand (1994)
 •   Sarjana Teknik Elektro dari Chulalongkorn University,          •   Bachelor of Electrical Engineering from Chulalongkorn
     Thailand (1988)                                                    University, Thailand (1988)




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Riwayat Pekerjaan
Work Experience
•   Komisaris di PT Chandra Daya Investasi Tbk (2023-saat ini)          •   Commissioner at PT Chandra Daya Investasi Tbk
                                                                            (2023-present)
•   Acting Executive Vice President - Manajemen Proyek di               •   Acting Executive Vice President - Project Management
    Electricity Generating Public Company Ltd., Thailand                    at Electricity Generating Public Company Ltd., Thailand
    (2022-2024)                                                             (2022-2024)
•   Executive Vice President - Manajemen Aset di Electricity            •   Executive Vice President - Asset Management at
    Generating Public Company Ltd., Thailand (2018-2025)                    Electricity Generating Public Company Ltd., Thailand
                                                                            (2018-2025)
•   Senior Vice President - Manajemen Aset di Electricity               •   Senior Vice President - Asset Management at Electricity
    Generating Public Company Ltd., Thailand (2017-2017)                    Generating Public Company Ltd., Thailand (2017-2017)
•   Senior Vice President - Perencanaan Korporasi &                     •   Senior Vice President - Corporate Planning & Project
    Manajemen Proyek di Electricity Generating Public                       Management at Electricity Generating Public Company
    Company Ltd., Thailand (2015-2016)                                      Ltd., Thailand (2015-2016)
•   Senior Vice President - Perencanaan Perusahaandi                    •   Senior Vice President - Corporate Planning at Electricity
    Electricity Generating Public Company Ltd., Thailand (2014)             Generating Public Company Ltd., Thailand (2014)
•   First Vice President – Manajemen Proses Cabang di TMB               •   First Vice President – Branch Process Management at TMB
    Bank Public Co., Ltd. (2006-2014)                                       Bank Public Co., Ltd. (2006-2014)
•   Vice President – Perencanaan di Electricity Generating              •   Vice President – Planning at Electricity Generating Public
    Public Company Ltd., Thailand (2003-2005)                               Company Ltd., Thailand (2003-2005)
•   Manajer Bisnis Proyek di Electricity Generating Public              •   Project Business Manager at Electricity Generating Public
    Company Ltd., Thailand (2001-2003)                                      Company Ltd., Thailand (2001-2003)

Rangkap Jabatan
Concurrent Position

•   Komisaris di PT Chandra Daya Investasi Tbk (sejak 2023)             •   Commissioner at PT Chandra Daya Investasi Tbk (since
                                                                            2023)
•   Senior Executive Vice President - Operation management              •   Senior Executive Vice President - Operation management
    di Electricity Generating Public Company Ltd., Thailand                 at Electricity Generating Public Company Ltd., Thailand
    (2026-saat ini)                                                         (2026-present)

Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.




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          Management Discussion and Analysis                      Good Corporate Governance                    Financial Reports




Prasit                                         Komisaris
Laohawirapap                                   Commissioner


Kewarganegaraan | Citizenship                                        Thailand | Thai
Usia | Age                                                           53 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                   Thailand, 13 Oktober 1972 | Thailand, 13 October 1972
Domisili | Domicile                                                  Thailand



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Komisaris pada tahun 2023,              First appointed as Commissioner in 2023, based on the Deed
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang             of Shareholders' Resolution Number 168 dated 18 December
 Saham Nomor 168 tanggal 18 Desember 2023, sebagaimana                 2023, as notified to the Minister of Law and Human Rights of
 telah diberitahukan kepada Menteri Hukum dan Hak Asasi                the Republic of Indonesia based on the Letter of Acceptance
 Manusia Republik Indonesia berdasarkan Surat Penerimaan               of Notification of Amendments to the Articles of Association
 Pemberitahuan Perubahan Anggaran Dasar Nomor AHU-                     Number AHU-AH.01.03-0158167 and the Letter of Acceptance
 AH.01.03-0158167 dan Surat Penerimaan Pemberitahuan                   of Notification of Amendments to Company Data Number
 Perubahan Data Perseroan Nomor AHU-AH.01.09-0197442,                  AHU-AH.01.09-0197442, both dated 18 December 2023.
 keduanya tertanggal 18 Desember 2023.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Sarjana Teknik Mesin dari King Mongkut’s Institute of             •   Bachelor of Mechanical Engineering from King Mongkut's
     Technology Ladkrabang (1995)                                          Institute of Technology Ladkrabang (1995)
 Riwayat Pekerjaan
 Work Experience
 •   Komisaris di PT Chandra Daya Investasi Tbk (2023-saat ini)        •   Commissioner at PT Chandra Daya Investasi Tbk
                                                                           (2023-present)
 •   Senior Executive Vice President - Pengembangan Bisnis             •   Senior Executive Vice President - Business Development
     (Domestik) di Electricity Generating Public Company Ltd.,             (Domestic) at Electricity Generating Public Company Ltd.,
     Thailand (2022-saat ini)                                              Thailand (2022-present)
 •   Executive Vice President - Manajemen Proyek di Electricity        •   Executive Vice President - Project Management at
     Generating Public Company Ltd., Thailand (2020-2022)                  Electricity Generating Public Company Ltd., Thailand
                                                                           (2020-2022)
 •   Senior Vice President - Manajemen Proyek di Electricity           •   Senior Vice President - Project Management at Electricity
     Generating Public Company Ltd., Thailand (2019-2019)                  Generating Public Company Ltd., Thailand (2019-2019)
 •   Senior Vice President - Manajemen Aset di Electricity             •   Senior Vice President - Asset Management at Electricity
     Generating Public Company Ltd., Thailand (2017-2019)                  Generating Public Company Ltd., Thailand (2017-2019)
 Rangkap Jabatan
 Concurrent Position

 •   Komisaris di PT Chandra Daya Investasi Tbk (sejak 2023)           •   Commissioner at PT Chandra Daya Investasi Tbk (since
 •   Senior Executive Vice President - Pengembangan Bisnis                 2023)
     (Domestik) di Electricity Generating Public Company Ltd.,         •   Senior Executive Vice President - Business Development
     Thailand (sejak 2022)                                                 (Domestic) at Electricity Generating Public Company Ltd.,
                                                                           Thailand (since 2022)
 Hubungan Afiliasi
 Affiliate Relationship
 Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
 Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.



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Ade                                             Komisaris (Komisaris Independen)
                                                Commissioner (Independent Commissioner)
Supandi
Kewarganegaraan | Citizenship                                             Indonesia | Indonesian
Usia | Age                                                                65 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                        Bandung, 26 Mei 1960 | Bandung, 26 May 1960
Domisili | Domicile                                                       Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Komisaris pada tahun 2025,                  First appointed as Director in 2025, determined based on the
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang                 Deed of Statement of Shareholders' Decision Number 78 dated
 Saham Nomor 78 tanggal 14 Maret 2025, dibuat di hadapan                   14 March 2025, made before Jose Dima Satria, S.H., M.Kn., Notary
 Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta, sebagaimana            in Jakarta, as has been approved by the Minister of Law based
 telah mendapatkan persetujuan dari Menteri Hukum                          on Decree Number AHU-0019086.AH.01.02.TAHUN 2025 dated
 berdasarkan Keputusan Nomor AHU-0019086.AH.01.02.TAHUN                    17 March 2025, and has been notified to the Minister of Law
 2025 tanggal 17 Maret 2025, serta telah diberitahukan kepada              based on the Letter of Receipt of Notification of Amendments
 Menteri Hukum berdasarkan Surat Penerimaan Pemberitahuan                  to the Articles of Association Number AHUAH.01.03-0080705
 Perubahan Anggaran Dasar Nomor AHU-AH.01.03-0080705                       and Letter of Receipt of Notification of Changes to Data
 dan Surat Penerimaan Pemberitahuan Perubahan Data Nomor                   Number AHU-AH.01.09-0146825, both dated 17 March 2025.
 AHU-AH.01.09-0146825, keduanya tertanggal 17 Maret 2025.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Doktor Strategi dan Manajemen Bisnis dari School of                   •   Doctorate in Business Strategy and Management from the
     Business IPB University, Bogor (2020)                                     School of Business, IPB University, Bogor (2020)
 •   Magister Administrasi Publik dari Universitas Hang Tuah,              •   Master of Public Administration from Hang Tuah University,
     Surabaya (2015)                                                           Surabaya (2015)
 •   Sarjana Manajemen dari Sekolah Tinggi Ilmu Ekonomi                    •   Bachelor of Management from the Wilwatikta College of
     Wilwatikta, Surabaya (2002)                                               Economics, Surabaya (2002)
 •   Pendidikan Sesko Tentara Nasional Indonesia, Bandung                  •   Education from the Indonesian National Armed Forces
     (2002)                                                                    Command and Training Center, Bandung (2002)
 •   Joint Warefare Course, Australia (1998)                               •   Joint Warefare Course, Australia (1998)
 •   Pendidikan Sesko Angkatan Laut, Indonesia (1998)                      •   Education from the Indonesian Navy Command and
                                                                               Training Center, Indonesia (1998)
 •   Pendidikan Lanjutan Perwira Intelejen dari Komando                    •   Advanced Intelligence Officer Training from the Indonesian
     Pendidikan dan Latihan TNI Angkatan Laut, Surabaya (1993)                 Navy Education and Training Command, Surabaya (1993)
 •   Pendidikan Lanjutan Perwira Komando Umum dari Komando                 •   Advanced General Command Officer Training from the
     Pendidikan dan Latihan TNI Angkatan Laut, Surabaya (1992)                 Indonesian Navy Education and Training Command,
                                                                               Surabaya (1992)
 •   Pendidikan Lanjutan Spesialisasi Artileri dari Komando                •   Advanced Artillery Specialization Training from the
     Pendidikan dan Latihan TNI Angkatan Laut, Surabaya (1990)                 Indonesian Navy Education and Training Command,
                                                                               Surabaya (1990)
 •   Combat Information Watch Officer Course and Anti                      •   Combat Information Watch Officer Course and Anti-
     Submarine Warfare Course, Amerika Serikat (1988)                          Submarine Warfare Course, United States (1988)
 •   Command Team Training and NBCD School, Belanda (1986)                 •   Command Team Training and NBCD School, Netherlands
                                                                               (1986)
 •   Akademi Angkatan Laut Surabaya dari Tentara Nasional                  •   Surabaya Naval Academy of the Indonesian National Armed
     Indonesia (1983)                                                          Forces (1983)




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         Management Discussion and Analysis                  Good Corporate Governance                     Financial Reports




Riwayat Pekerjaan
Work Experience
•   Komisaris merangkap Komisaris Independen di PT Chandra        •   Commissioner and Independent Commissioner at PT
    Daya Investasi Tbk (2025-saat ini)                                Chandra Daya Investasi Tbk (2025-present)
•   Penasihat di Kadin Kelautan dan Perikanan (2024-saat ini)     •   Advisor at the Indonesian Chamber of Commerce and
                                                                      Industry (2024-present)
•   Dosen di UPN Veteran Jakarta (2021-saat ini)                  •   Lecturer at UPN Veteran Jakarta (2021-present)
•   Dewan Pertimbangan di UPN Veteran Jawa Timur (2021-           •   Advisory Board at UPN Veteran East Java (2021-present)
    saat ini)
•   Dewan Penasihat di ESQ Business School (2021-saat ini)        •   Advisory Board at ESQ Business School (2021-present)
•   Dewan Pertimbangan di Persatuan Purnawirawan TNI              •   Advisory Board at the Indonesian Navy Retired Association
    Angkatan Laut (2021-saat ini)                                     (2021-present)
•   Komisaris Independen di PT Indotan (2020-saat ini)            •   Independent Commissioner at PT Indotan (2020-present)
•   Komite Wawasan Kebangsaan dan Industri Maritim Kadin          •   National Insight and Maritime Industry Committee at the
    Kalautan (2019-2022)                                              Indonesian Chamber of Commerce and Industry (2019-
                                                                      2022)
•   Komisaris Umum (Ex-Officio) di PT PAL (2015-2018)             •   General Commissioner (Ex-Officio) at PT PAL (2015-2018)
•   Kepala Staf Angkatan Laut Ke-25 Republik Indonesia di         •   25th Chief of Staff of the Indonesian Navy at the Indonesian
    Tentara Nasional Indonesia (TNI) (2014-2016)                      National Armed Forces (TNI) (2014-2016)
•   Kepala Staf Umum (KASUM) di Tentara Nasional Indonesia        •   Chief of General Staff (KASUM) in the Indonesian National
    (2014)                                                            Armed Forces (2014)
•   Asisten Kepala Staf di Angkatan Laut (bidang Perencanaan      •   Assistant Chief of Staff of the Navy (Strategic Planning and
    Strategis dan Anggaran (Asrena Kasal) (2012-2012)                 Budget) (2012-2012)
•   Panglima Komando Armada RI Kawasan Timur di Tentara           •   Commander of the Indonesian Eastern Fleet Command of
    Nasional Indonesia (TNI) (2011-2011)                              the Indonesian National Armed Forces (TNI) (2011-2011)
•   Gubernur di Akademi Angkatan Laut (AAL) Surabaya (2010)       •   Governor of the Naval Academy (AAL) in Surabaya (2010)
•   Komandan Gugus Keamanan Laut di Komando Armada RI             •   Commander of the Maritime Security Force at the
    Kawasan Barat Tentara Nasional Indonesia (TNI) (2009)             Indonesian Western Fleet Command of the Indonesian
                                                                      National Armed Forces (TNI) (2009)
•   Komandan Kodik Operasi Laut di Tentara Nasional               •   Commander of the Naval Operations Command (Kodiklat)
    Indonesia (TNI) (2008)                                            in the Indonesian National Armed Forces (TNI) (2008)
•   Direktur Pendidikan Kodiklat TNI Aangkatan Laut (2007)        •   Director of Education at the Indonesian Navy's Kodiklat
                                                                      (2007)
•   Perwira Pendidikan Satgas Korvet di Netherland di Tentara     •   Education Officer for the Corvette Task Force in the
    Nasional Indonesia (TNI) (2004-2006)                              Netherlands in the Indonesian National Armed Forces
                                                                      (2004-2006)
•   Asisten Operasi Gugus Tempur Laut di Komando Armada           •   Assistant for Operations of the Naval Combat Group at
    RI Kawasan Barat Tentara Nasional Indonesia (TNI) (2002-          the Indonesian Western Fleet Command of the Indonesian
    2004)                                                             National Armed Forces (TNI) (2002-2004)
•   Komandan Satuan Kapal Amfibi Komando Armatim di               •   Commander of the Amphibious Ship Unit of the Armatim
    Tentara Nasional Indonesia (TNI) (2002-2004)                      Command in the Indonesian National Armed Forces
                                                                      Indonesia (TNI) (2002-2004)
•   Komandan Satuan Kapal Eskorta Komando Armatim di              •   Commander of the Escort Ship Unit, the Armatim
    Tentara Nasional Indonesia (TNI) (2002-2004)                      Commando, in the Indonesian National Armed Forces (TNI)
                                                                      (2002-2004)
•   Komandan Komando Latihan Komando Armatim di Tentara           •   Commander of the Armatim Commando Training
    Nasional Indonesia (TNI) (2002-2004)                              Command, in the Indonesian National Armed Forces (TNI)
                                                                      (2002-2004)
Rangkap Jabatan
Concurrent Position

•   Komisaris merangkap Komisaris Independen di PT Chandra        •   Commissioner and Independent Commissioner at PT
    Daya Investasi Tbk (sejak 2025)                                   Chandra Daya Investasi Tbk (since 2025)
•   Dosen di UPN Veteran Jakarta (sejak 2021)                     •   Lecturer at UPN Veteran Jakarta (since 2021)
•   Dewan Pertimbangan di UPN Veteran Jawa Timur (sejak           •   Advisory Board at UPN Veteran East Java (since 2021)
    2021)
•   Dewan Penasihat di ESQ Business School (sejak 2021)           •   Advisory Board at ESQ Business School (since 2021)
•   Dewan Pertimbangan di Persatuan Purnawirawan TNI              •   Advisory Board at the Indonesian Navy Retired Officers
    Angkatan Laut (sejak 2021)                                        Association (since 2021)
•   Komisaris Independen di PT Indotan (sejak 2020)               •   Independent Commissioner at PT Indotan (since 2020)
Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.




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Profil Direksi
Board Of Directors Profile




Fransiskus                                       Presiden Direktur
Ruly Aryawan                                     President Director



Kewarganegaraan | Citizenship                                              Indonesia | Indonesian
Usia | Age                                                                 47 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                         Jakarta, 24 Mei 1978 | Jakarta, 24 May 1978
Domisili | Domicile                                                        Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Presiden Direktur pada tahun                 First appointed as President Director in 2024, determined
 2024, ditetapkan berdasarkan Akta Pernyataan Keputusan                     based on the Deed of Statement of Shareholders' Decision
 Pemegang Saham Nomor 16 tanggal 4 November 2024,                           Number 16 dated 4 November 2024, made before Jose Dima
 dibuat di hadapan Jose Dima Satria, S.H., M.Kn., Notaris di                Satria, S.H., M.Kn., Notary in Jakarta, as notified to the Minister
 Jakarta, sebagaimana telah diberitahukan kepada Menteri                    of Law and Human Rights based on the Letter of Receipt of
 Hukum dan Hak Asasi Manusia berdasarkan Surat Penerimaan                   Notification of Changes to Company Data Number AHU-
 Pemberitahuan Perubahan Data Perseroan Nomor AHU-                          AH.01.09-0273241 dated 7 November 2024.
 AH.01.09-0273241 tanggal 7 November 2024.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 Sarjana Keuangan Boston College, Massachusetts, Amerika                    Bachelor of Finance Boston College, Massachusetts, United
 Serikat (1999)                                                             States (1999)
 Riwayat Pekerjaan
 Work Experience
 •   Komisaris di PT Krakatau Posco Energy (2025-saat ini)                  •   Commissioner at PT Krakatau Posco Energy (2025-present)
 •   Komisaris di PT Chandra Investa Prima (2025-saat ini)                  •   Commissioner at PT Chandra Investa Prima (2025-present)
 •   Komisaris di PT Chandra Daya Warehouse (2025-saat ini)                 •   Commissioner at PT Chandra Daya Warehouse
                                                                                (2025-present)
 •   Komisaris di PT Chandra Warehouse Cilegon                              •   Commissioner at PT Chandra Warehouse Cilegon
     (2025-saat ini)                                                            (2025-present)
 •   Direktur di Chandra Maritime International Pte. Ltd.                   •   Director at Chandra Maritime International Pte. Ltd.
     (2025-saat ini)                                                            (2025-present)
 •   Direktur di Marine Global Shipping Pte. Ltd. (2025-saat ini)           •   Director at Marine Global Shipping Pte. Ltd. (2025-present)
 •   Direktur di Chandra Asri Oil Gas Pte. Ltd. (2025-saat ini)             •   Director at Chandra Asri Oil Gas Pte. Ltd. (2025-present)
 •   Presiden Komisaris di PT Chandra Tirta Karian                          •   Presiden Komisaris at PT Chandra Tirta Karian
     (2024-saat ini)                                                            (2024- present)
 •   Komisaris di PT Chandra Maritime International                         •   Commissioner at PT Chandra Maritime Internasional
     (2024-saat ini)                                                            (2024-present)
 •   Komisaris di PT Krakatau Chandra Energi (2024-saat ini)                •   Commissioner at PT Krakatau Chandra Energi
                                                                                (2024-present)
 •   Komisaris di PT Chandra Shipping International                         •   Commissioner at PT Chandra Shipping Internasional
     (2024-saat ini)                                                            (2024-present)
 •   Komisaris di PT Chandra Domestic Warehouse                             •   Commissioner at PT Chandra Domestic Warehouse
     (2024-saat ini)                                                            (2024-present)
 •   Komisaris di PT Marina Indah Maritim (2024-saat ini)                   •   Commissioner at PT Marina Indah Maritim (2024-present)
 •   Presiden Direktur di PT Buana Laminar Pipe (2024-saat ini)             •   President Director at PT Buana Laminar Pipe
                                                                                (2024-present)
 •   Presiden Direktur di PT Chandra Daya Investasi Tbk                     •   President Director at PT Chandra Daya Investasi
     (2024-saat ini)                                                            (2024-present)




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         Management Discussion and Analysis                      Good Corporate Governance                     Financial Reports




•   Direktur di Chandra Asri Bio Investment Pte. Ltd.                 •   Director at Chandra Asri Bio Investment Pte. Ltd.
    (2024-saat ini)                                                       (2024-present)
•   Direktur di Chandra Industrial Infra Pte. Ltd. (2024-saat ini)    •   Director at Chandra Industrial Infra Pte. Ltd.
                                                                          (2024-present)
•   Direktur di PT Chandra Cilegon Port (2023-saat ini)               •   Director at PT Chandra Cilegon Port (2023-present)
•   Direktur di PT Chandra Samudera Port (2023-saat ini)              •   Director at PT Chandra Samudera Port (2023-present)
•   Direktur di PT Chandra Pelabuhan Nusantara                        •   Director at PT Chandra Pelabuhan Nusantara
    (2023-saat ini)                                                       (2023-present)
•   Direktur di Chandra Asri Capital Pte. Ltd. (2023-saat ini)        •   Director at Chandra Asri Capital Pte. Ltd. (2023-present)
•   Wakil Presiden Direktur di PT Chandra Asri Alkali                 •   Vice President Director at PT Chandra Asri Alkali
    (2023-saat ini)                                                       (2023-present)
•   Direktur di Chandra Asri Trading Company Pte. Ltd.                •   Direktur at Chandra Asri Trading Company Pte. Ltd.
    (2018-saat ini)                                                       (2018- present)
•   Direktur di PT Chandra Asri Perkasa (2017-saat ini)               •   Director at PT Chandra Asri Perkasa (2017-present)
•   Direktur Supply Chain di PT Chandra Asri Pacific Tbk              •   Supply Chain Director at PT Chandra Asri Pacific Tbk
    (2015-saat ini)                                                       (2015-present)
•   Direktur di PT Chandra Asri Konsultasi (2024-2025)                •   Director at PT Chandra Asri Konsultasi (2024-2025)
•   Direktur di PT Chandra Asri Port (2023-2025)                      •   Director at PT Chandra Asri Port (2023-2025)
•   Direktur di PT Chandra Daya Investasi (2023-2024)                 •   Director at PT Chandra Daya Investasi (2023-2024)
•   Presiden Direktur di PT Buana Primatama Niaga                     •   President Director at PT Buana Primatama Niaga
    (2022-2024)                                                           (2022-2024)
•   Direktur di PT Buana Primatama Niaga (2017-2022)                  •   Director at PT Buana Primatama Niaga (2017-2022)
Rangkap Jabatan
Concurrent Position

•   Komisaris di PT Krakatau Posco Energy (sejak 2025)                •   Commissioner at PT Krakatau Posco Energy (since 2025)
•   Komisaris di PT Chandra Investa Prima (sejak 2025)                •   Commissioner at PT Chandra Investa Prima (since 2025)
•   Komisaris di PT Chandra Daya Warehouse (sejak 2025)               •   Commissioner at PT Chandra Daya Warehouse
                                                                          (since 2025)
•   Komisaris di PT Chandra Warehouse (sejak 2025)                    •   Commissioner at PT Chandra Warehouse Cilegon
                                                                          (since 2025)
•   Direktur di Chandra Maritime International Pte. Ltd.              •   Director at Chandra Maritime International Pte. Ltd.
    (sejak 2025)                                                          (since 2025)
•   Direktur di Marine Global Shipping Pte. Ltd. (sejak 2025)         •   Director at Marine Global Shipping Pte. Ltd. (since 2025)
•   Direktur di Chandra Asri Oil Gas Pte. Ltd. (sejak 2025)           •   Director at Chandra Asri Oil Gas Pte. Ltd. (since 2025)
•   Presiden Komisaris di PT Chandra Tirta Karian (sejak 2024)        •   Presiden Komisaris at PT Chandra Tirta Karian (since 2024)
•   Komisaris di PT Chandra Maritime International                    •   Commissioner at PT Chandra Maritime Internasional (since
    (sejak 2024)                                                          2024)
•   Komisaris di PT Krakatau Chandra Energi (sejak 2024)              •   Commissioner at PT Krakatau Chandra Energi (since 2024)
•   Komisaris di PT Chandra Shipping International                    •   Commissioner at PT Chandra Shipping Internasional (since
    (sejak 2024)                                                          2024)
•   Komisaris di PT Chandra Domestic Warehouse (sejak 2024)           •   Commissioner at PT Chandra Domestic Warehouse
                                                                          (since 2024)
•   Komisaris di PT Marina Indah Maritim (sejak 2024)                 •   Commissioner at PT Marina Indah Maritim (since 2024)
•   Presiden Direktur di PT Buana Laminar Pipe (sejak 2024)           •   President Director at PT Buana Laminar Pipe (since 2024)
•   Presiden Direktur di PT Chandra Daya Investasi Tbk                •   President Director at PT Chandra Daya Investasi
    (sejak 2024)                                                          (since 2024)
•   Direktur di Chandra Asri Bio Investment Pte. Ltd.                 •   Director at Chandra Asri Bio Investment Pte. Ltd.
    (sejak 2024)                                                          (since 2024)
•   Direktur di Chandra Industrial Infra Pte. Ltd. (sejak 2024)       •   Director at Chandra Industrial Infra Pte. Ltd. (since 2024)
•   Direktur di PT Chandra Cilegon Port (sejak 2023)                  •   Director at PT Chandra Cilegon Port (since 2023)
•   Direktur di PT Chandra Samudera Port (sejak 2023)                 •   Director at PT Chandra Samudera Port (since 2023)
•   Direktur di PT Chandra Pelabuhan Nusantara (sejak 2023)           •   Director at PT Chandra Pelabuhan Nusantara (since 2023)
•   Direktur di Chandra Asri Capital Pte. Ltd. (sejak 2023)           •   Director at Chandra Asri Capital Pte. Ltd. (since 2023)
•   Wakil Presiden Direktur di PT Chandra Asri Alkali                 •   Vice President Director at PT Chandra Asri Alkali
    (sejak 2023)                                                          (since 2023)
•   Direktur di Chandra Asri Trading Company Pte. Ltd.                •   Direktur at Chandra Asri Trading Company Pte. Ltd.
    (sejak 2018)                                                          (since 2018)
•   Direktur di PT Chandra Asri Perkasa (sejak 2017)                  •   Director at PT Chandra Asri Perkasa (since 2017)
Hubungan Afiliasi
Affiliate Relationship
Memiliki hubungan afiliasi dengan Pemegang Saham Utama/ Has an affiliated relationship with the Board of Commissioners,
Pengendali.                                             Board of Directors, or Major/Controlling Shareholders.




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                                                 Ikhtisar Kinerja                          Laporan Manajemen          Profil Perusahaan
                                                 Performance Highlights                    Management Reports         Company Profile




Jonathan                                        Direktur
Kandinata                                       Director



Kewarganegaraan | Citizenship                                             Indonesia | Indonesian
Usia | Age                                                                60 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                        Malang, 16 Agustus 1965 | Malang, 16 August 1965
Domisili | Domicile                                                       Indonesia




 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Direktur pada tahun 2025,                   First appointed as Director in 2025, determined based on the
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang                 Deed of Statement of Shareholders' Decision Number 78 dated
 Saham Nomor 78 tanggal 20 Januari 2025, dibuat di hadapan                 20 January 2025, made before Jose Dima Satria, S.H., M.Kn.,
 Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta, sebagaimana            Notary in Jakarta, as notified to the Minister of Law based on
 telah diberitahukan kepada Menteri Hukum berdasarkan Surat                the Letter of Receipt of Notification of Changes to Company
 Penerimaan Pemberitahuan Perubahan Data Perseroan Nomor                   Data Number AHU-AH.01.09-0060230 dated 6 February 2025.
 AHU-AH.01.09-0060230 tanggal 6 Februari 2025.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Magister Administrasi Bisnis dari Oregon State University             •   Master of Business Administration from Oregon State
     (1991)                                                                    University (1991)
 •   Sarjana Sains dari University of Oregon (1988)                        •   Bachelor of Science from the University of Oregon (1988)

 Riwayat Pekerjaan
 Work Experience
 •   Direktur di PT Chandra Daya Investasi Tbk (2025-saat in)              •   Director at PT Chandra Daya Investasi Tbk (2025-present)
 •   Direktur di PT Chandra Tirta Karian (2024-2026)                       •   Director at PT Chandra Tirta Karian (2024-2026)
 •   Direktur di Blackcastle Pte. Ltd. (2024-saat ini)                     •   Director at Blackcastle Pte. Ltd. (2024-present)
 •   Senior General Manager of Treasury di Chandra Asri Pacific            •   Senior General Manager of Treasury at Chandra Asri Pacific
     Tbk (2024-saat ini)                                                       Tbk (2024-present)
 •   General Manager of Treasury di Chandra Asri Pacific Tbk               •   General Manager of Treasury at Chandra Asri Pacific Tbk
     (2011-2023)                                                               (2011-2023)
 •   Manajer Akuntansi di PT Styrindo Mono Indonesia (1995-                •   Accounting Manager at PT Styrindo Mono Indonesia (1995-
     2011)                                                                     2011)
 •   Asisten Manajer Akuntansi di PT Styrindo Mono Indonesia               •   Assistant Accounting Manager at PT Styrindo Mono
     (1995-2011)                                                               Indonesia (1995-2011)
 Rangkap Jabatan
 Concurrent Position
 •   Direktur di Blackcastle Pte. Ltd. (sejak 2024)                        •   Director at Blackcastle Pte. Ltd. (since 2024)
 •   Senior General Manager of Treasury di Chandra Asri Pacific            •   Senior General Manager of Treasury at Chandra Asri Pacific
     Tbk (sejak 2024)                                                          Tbk (since 2024)
 Hubungan Afiliasi
 Affiliate Relationship
 Memiliki hubungan afiliasi dengan Pemegang Saham Utama/ Has an affiliated relationship with the Board of Commissioners,
 Pengendali.                                             Board of Directors, or Major/Controlling Shareholders.




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          Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                        Laporan Keuangan
          Management Discussion and Analysis                   Good Corporate Governance                     Financial Reports




Saksit                                         Direktur
Suntharekanon                                  Director


Kewarganegaraan | Citizenship                                      Thailand | Thai
Usia | Age                                                         51 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                 Bangkok, 10 September 1974 | Bangkok, 10 September 1974
Domisili | Domicile                                                Indonesia




 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Direktur pada tahun 2023,            First appointed as Commissioner in 2023, based on the Deed
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang          of Shareholders' Resolution Number 168 dated 18 December
 Saham Nomor 168 tanggal 18 Desember 2023, sebagaimana              2023, as notified to the Minister of Law and Human Rights of
 telah diberitahukan kepada Menteri Hukum dan Hak Asasi             the Republic of Indonesia based on the Letter of Acceptance
 Manusia Republik Indonesia berdasarkan Surat Penerimaan            of Notification of Amendments to the Articles of Association
 Pemberitahuan Perubahan Anggaran Dasar Nomor AHU-                  Number AHU-AH.01.03-0158167 and the Letter of Acceptance
 AH.01.03-0158167 dan Surat Penerimaan Pemberitahuan                of Notification of Amendments to Company Data Number
 Perubahan Data Perseroan Nomor AHU-AH.01.09-0197442,               AHU-AH.01.09-0197442, both dated 18 December 2023.
 keduanya tertanggal 18 Desember 2023.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Magister Administrasi Bisnis dari Chulalongkorn University,    •   Master of Business Administration from Chulalongkorn
     Thailand (2003)                                                    University, Thailand (2003)
 •   Magister Teknik Elektro dari Cornell University, Amerika       •   Master of Electrical Engineering from Cornell University,
     Serikat (1998)                                                     USA (1998)
 •   Sarjana Teknik Elektro dari Chulalongkorn University,          •   Bachelor of Electrical Engineering from Chulalongkorn
     Thailand (1995)                                                    University, Thailand (1995)
 Riwayat Pekerjaan
 Work Experience
 •   Direktur di PT Chandra Daya Investasi Tbk (2023-saat ini)      •   Director at PT Chandra Daya Investasi Tbk (2023-present)
 •   Executive Vice President – Business Development                •   Executive Vice President – Business
                                                                                                      ​​       Development
     (Domestic) di Electricity Generating Public Company Ltd.,          (Domestic) at Electricity Generating Public Company Ltd.,
     Thailand (2022-saat ini)                                           Thailand (2022-present)
 •   Senior Vice President – Business Development (Domestic)        •   Senior Vice President – Business
                                                                                                  ​​       Development (Domestic)
     di Electricity Generating Public Company Ltd., Thailand            at Electricity Generating Public Company Ltd., Thailand
     (2021-2022)                                                        (2021-2022)
 •   Senior Vice President – Business Development                   •   Senior Vice President – Business
                                                                                                  ​​       Development
     (Neighboring Countries) di Electricity Generating Public           (Neighboring Countries) at Electricity Generating Public
     Company Ltd., Thailand (2019-2020)                                 Company Ltd., Thailand (2019-2020)
 •   Senior Vice President – Business Development (CLMV) di         •   Senior Vice President – Business
                                                                                                  ​​       Development (CLMV) at
     Electricity Generating Public Company Ltd., Thailand (2017-        Electricity Generating Public Company Ltd., Thailand (2017-
     2018)                                                              2018)
 •   Senior Vice President – Business Development                   •   Senior Vice President – Business
                                                                                                  ​​       Development
     (International) di Electricity Generating Public Company           (International) at Electricity Generating Public Company
     Ltd., Thailand (2013-2016)                                         Ltd., Thailand (2013-2016)
 •   Senior Vice President – Corporate Planning di Electricity      •   Senior Vice President – Corporate
                                                                                                  ​​         Planning at Electricity
     Generating Public Company Ltd., Thailand (2012-2012)               Generating Public Company Ltd., Thailand (2012-2012)




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                                               Ikhtisar Kinerja                        Laporan Manajemen             Profil Perusahaan
                                               Performance Highlights                  Management Reports            Company Profile




•   Vice President – Business Development (Domestic) di                  •   Vice President – Business
                                                                                              ​​        Development (Domestic) at
    Electricity Generating Public Company Ltd., Thailand                     Electricity Generating Public Company Ltd., Thailand
    (2007-2011)                                                              (2007-2011)
•   Assistant Vice President – Business Development                      •   Assistant Vice President – Business
                                                                                                        ​​       Development
    (Domestic) di Electricity Generating Public Company Ltd.,                (Domestic) at Electricity Generating Public Company Ltd.,
    Thailand (2002-2007)                                                     Thailand (2002-2007)
•   Petugas Business Development di Electricity Generating               •   Business Development Officer at Electricity Generating
    Public Company Ltd., Thailand (2000-2002)                                Public Company Ltd., Thailand (2000-2002)


Rangkap Jabatan
Concurrent Position
•   Direktur di PT Chandra Daya Investasi Tbk (sejak 2023)               •   Director at PT Chandra Daya Investasi Tbk (since 2023)
•   Executive Vice President - Pengembangan Bisnis                       •   Executive Vice President - Business Development
    (Domestik) di Electricity Generating Public Company Ltd.,                (Domestic) at Electricity Generating Public Company Ltd.,
    Thailand (sejak 2022)                                                    Thailand (since 2022)
Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.




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     04                                                   05                                              06
          Analisis dan Pembahasan Manajemen                    Tata Kelola Perusahaan                          Laporan Keuangan
          Management Discussion and Analysis                   Good Corporate Governance                       Financial Reports




Merly                                          Direktur
                                               Director


Kewarganegaraan | Citizenship                                      Indonesia | Indonesian
Usia | Age                                                         49 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                 P. Siantar, 6 Maret 1976 | P. Siantar, 6 March 1976
Domisili | Domicile                                                Indonesia



 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Direktur pada tahun 2025,            First appointed as Director in 2025, determined based on the
 ditetapkan berdasarkan Akta Pernyataan Keputusan Pemegang          Deed of Statement of Shareholders' Decision Number 78 dated
 Saham Nomor 78 tanggal 14 Maret 2025, dibuat di hadapan            14 March 2025, made before Jose Dima Satria, S.H., M.Kn., Notary
 Jose Dima Satria, S.H., M.Kn., Notaris di Jakarta, sebagaimana     in Jakarta, as has been approved by the Minister of Law based
 telah mendapatkan persetujuan dari Menteri Hukum                   on Decree Number AHU-0019086.AH.01.02.TAHUN 2025 dated
 berdasarkan Keputusan Nomor AHU-0019086.AH.01.02.TAHUN             17 March 2025, and has been notified to the Minister of Law
 2025 tanggal 17 Maret 2025, serta telah diberitahukan kepada       based on the Letter of Receipt of Notification of Amendments
 Menteri Hukum berdasarkan Surat Penerimaan Pemberitahuan           to the Articles of Association Number AHU-AH.01.03-0080705
 Perubahan Anggaran Dasar Nomor AHU-AH.01.03-0080705                and Letter of Receipt of Notification of Changes to Data
 dan Surat Penerimaan Pemberitahuan Perubahan Data Nomor            Number AHU-AH.01.09-0146825, both dated 17 March 2025.
 AHU-AH.01.09-0146825, keduanya tertanggal 17 Maret 2025.
 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 Sarjana Akuntansi dan Keuangan dari Universitas Trisakti (1997)    Bachelor of Accounting and Finance from Trisakti University
                                                                    (1997)
 Riwayat Pekerjaan
 Work Experience
 •   Direktur dan Sekretaris Perusahaan di PT Chandra Daya          •   Director and Corporate Secretary at PT Chandra Daya
     Investasi Tbk (2025-saat ini)                                      Investasi Tbk (2025-present)
 •   Komisaris di PT Barito Renewables Energy Tbk                   •   Commissioner at PT Barito Renewables Energy Tbk
     (2025-saat ini)                                                    (2025-present)
 •   Komisaris di PT Raharja Energi Cepu Tbk (2025-saat ini)        •   Commissioner at PT Raharja Energi Cepu Tbk
                                                                        (2025-present)
 •   Direktur di Chandra Asri Oil Gas Pte. Ltd (2025-saat ini)      •   Director at Chandra Asri Oil Gas Pte. Ltd (2025-present)
 •   Direktur di PT Chandra Shipping International                  •   Director at PT Chandra Shipping International
     (2026-saat ini)                                                    (2026-present)
 •   Direktur di PT Marina Indah Maritim (2026-saat ini)            •   Director at PT Marina Indah Maritim (2026-present)
 •   Direktur dan Sekretaris Perusahaan di PT Barito Renewables     •   Director and Corporate Secretary at PT Barito Renewables
     Energy Tbk (2023-2025)                                             Energy Tbk (2023-2025)
 •   Direktur di PT UPC Sidrap Bayu Energi (2024-saat ini)          •   Director at PT UPC Sidrap Bayu Energi (2024-present)
 •   Direktur di PT Sukabumi Bayu Energi (2024-saat ini)            •   Director at PT Sukabumi Bayu Energi (2024-present)
 •   Direktur di PT Lombok Timur Bayu Energi (2024-saat ini)        •   Director at PT Lombok Timur Bayu Energi (2024-present)
 •   Direktur di PT Barito Operation & Maintenance Indonesia        •   Director at PT Barito Operation & Maintenance Indonesia
     (2024-saat ini)                                                    (2024-present)
 •   Direktur di PT Barito Wind Energy (2023-saat ini)              •   Director at PT Barito Wind Energy (2023-present)
 •   Direktur di PT Sidrap Bayu Energi Tahap Dua (2023-saat ini)    •   Director at PT Sidrap Bayu Energi Tahap Dua
                                                                        (2023-present)




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                                          01                                     02                            03
                                               Ikhtisar Kinerja                       Laporan Manajemen             Profil Perusahaan
                                               Performance Highlights                 Management Reports            Company Profile




•   Direktur di PT Star Energy Geothermal Drilling Services             •   Director at PT Star Energy Geothermal Drilling Services
    (2023-saat ini)                                                         (2023-present)
•   Direktur di PT Star Energy Geothermal Indonesia                     •   Director at PT Star Energy Geothermal Indonesia
    (2020-saat ini)                                                         (2020-present)
•   Direktur di Star Energy Geothermal Group (2019-2025)                •   Director at Star Energy Geothermal Group (2019-2025)
•   Wakil Presiden Keuangan di Star Energy Geothermal Salak             •   Vice President of Finance at Star Energy Geothermal Salak
    Ltd. (2017-2019)                                                        Ltd. (2017-2019)
•   Wakil Presiden Keuangan di Star Energy Geothermal                   •   Vice President of Finance at Star Energy Geothermal
    Darajat II Limited (2017-2019)                                          Darajat II Limited (2017-2019)
•   Manajer Senior Keuangan, Akuntansi dan Perpajakan di Star           •   Senior Manager of Finance, Accounting, and Taxation at
    Energy (Kakap) Ltd. (2011-2017)                                         Star Energy (Kakap) Ltd. (2011-2017)
•   Manajer Senior Keuangan, Akuntansi dan Perpajakan di Star           •   Senior Manager of Finance, Accounting, and Taxation at
    Energy Geothermal Wayang Windu Limited (2011-2017)                      Star Energy Geothermal Wayang Windu Limited (2011-2017)
•   Manajer Akuntansi Perusahaan di Star Energy (Kakap) Ltd.            •   Corporate Accounting Manager at Star Energy (Kakap) Ltd.
    (2008-2011)                                                             (2008-2011)
•   Manajer Akuntansi Perusahaan di Star Energy Geothermal              •   Corporate Accounting Manager at Star Energy Geothermal
    Wayang Windu Limited (2008-2011)                                        Wayang Windu Limited (2008-2011)
•   Manajer Umum Keuangan & Akuntansi di PT Aneka Gas                   •   General Manager of Finance & Accounting at PT Aneka Gas
    Industry (2003-2006)                                                    Industry (2003-2006)
•   Manajer Akuntansi Manajemen di PT Aneka Gas Industry                •   Management Accounting Manager at PT Aneka Gas
    (2003)                                                                  Industry (2003)
•   Auditor Senior di Ernst & Young Hanadi, Sarwoko &                   •   Senior Auditor at Ernst & Young Hanadi, Sarwoko &
    Sandjaja (1998-2002)                                                    Sandjaja (1998-2002)
•   Auditor Junior di KPMG Hanadi, Sudjendro & Rekan                    •   Junior Auditor at KPMG Hanadi, Sudjendro & Rekan
    (1996-1997)                                                             (1996-1997)
Rangkap Jabatan
Concurrent Position
•   Komisaris di PT Barito Renewables Energy Tbk (sejak 2025)           •   Commissioner at PT Barito Renewables Energy Tbk (since
                                                                            2025)
•   Komisaris di PT Raharja Energi Cepu Tbk (sejak 2025)                •   Commissioner at PT Raharja Energi Cepu Tbk (since 2025)
•   Direktur di Chandra Asri Oil Gas Pte. Ltd (sejak 2025)              •   Director at Chandra Asri Oil Gas Pte. Ltd (since 2025)
•   Direktur di PT Chandra Shipping International (sejak 2026)          •   Director at PT Chandra Shipping International (since 2026)
•   Direktur di PT Marina Indah Maritim (sejak 2026)                    •   Director at PT Marina Indah Maritim (since 2026)
•   Direktur dan Sekretaris Perusahaan di PT Chandra Daya               •   Director and Corporate Secretary at PT Chandra Daya
    Investasi Tbk (sejak 2025)                                              Investasi Tbk (since 2025)
•   Direktur di PT UPC Sidrap Bayu Energi (sejak 2024)                  •   Director at PT UPC Sidrap Bayu Energi (since 2024)
•   Direktur di PT Sukabumi Bayu Energi (sejak 2024)                    •   Director at PT Sukabumi Bayu Energi (since 2024)
•   Direktur di PT Lombok Timur Bayu Energi (sejak 2024)                •   Director at PT Lombok Timur Bayu Energi (since 2024)
•   Direktur di PT Barito Operation & Maintenance Indonesia             •   Director at PT Barito Operation & Maintenance Indonesia
    (sejak 2024)                                                            (since 2024)
•   Direktur di PT Star Energy Geothermal Drilling Services             •   Director at PT Star Energy Geothermal Drilling Services
    (sejak 2023)                                                            (since 2023)
•   Direktur di PT Barito Wind Energy (sejak 2023)                      •   Director at PT Barito Wind Energy (since 2023)
•   Direktur di PT Sidrap Bayu Energi Tahap Dua (sejak 2023)            •   Director at PT Sidrap Bayu Energi Phase Two (since 2023)
•   Direktur di PT Star Energy Geothermal Indonesia (sejak              •   Director at PT Star Energy Geothermal Indonesia (since
    2020)                                                                   2020)

Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Has no affiliated relationship with the Board of Commissioners,
Direksi, maupun Pemegang Saham Utama/Pengendali.         Board of Directors, or Major/Controlling Shareholders.




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          Analisis dan Pembahasan Manajemen                      Tata Kelola Perusahaan                           Laporan Keuangan
          Management Discussion and Analysis                     Good Corporate Governance                        Financial Reports




Agus Lukmanul                                  Direktur
Hakim                                          Director


Kewarganegaraan | Citizenship                                         Indonesia | Indonesian
Usia | Age                                                            54 tahun | years old
Tempat dan Tanggal Lahir | Place and Date of Birth                    Garut, 18 Agustus 1971 | Garut, 18 August 1971
Domisili | Domicile                                                   Indonesia

 Dasar Hukum Penunjukan
 Legal Basis of Appointment
 Pertama kali menjabat sebagai Direktur pada tahun 2025, ditetapkan    First appointed as Director in 2025, determined based on the Deed
 berdasarkan Akta Pernyataan Keputusan Pemegang Saham Nomor            of Statement of Shareholders' Decision Number 78 dated
 78 tanggal 14 Maret 2025, dibuat di hadapan Jose Dima Satria,         14 March 2025, made before Jose Dima Satria, S.H., M.Kn., Notary
 S.H., M.Kn., Notaris di Jakarta, sebagaimana telah mendapatkan        in Jakarta, as has been approved by the Minister of Law based on
 persetujuan dari Menteri Hukum berdasarkan Keputusan Nomor            Decree Number AHU-0019086.AH.01.02.TAHUN 2025 dated 17 March
 AHU-0019086.AH.01.02.TAHUN 2025 tanggal 17 Maret 2025, serta          2025, and has been notified to the Minister of Law based on the
 telah diberitahukan kepada Menteri Hukum berdasarkan Surat            Letter of Receipt of Notification of Amendments to the Articles of
 Penerimaan Pemberitahuan Perubahan Anggaran Dasar Nomor               Association Number AHUAH.01.03-0080705 and Letter of Receipt
 AHU-AH.01.03-0080705 dan Surat Penerimaan Pemberitahuan               of Notification of Changes to Data Number AHU-AH.01.09-0146825,
 Perubahan Data Nomor AHU-AH.01.09-0146825, keduanya                   both dated 17 March 2025.
 tertanggal 17 Maret 2025.

 Riwayat Pendidikan/Sertifikasi
 Educational Background/Certification
 •   Sarjana Sains dari Institut Teknologi Bandung (1990)              •   Bachelor of Science from Bandung Institute of Technology (1990)
 Riwayat Pekerjaan
 Work Experience
 •   Presiden Direktur di PT Wastewater Solution Indonesia (2025-      •   President Director at PT Wastewater Solution Indonesia (2025–
     saat ini)                                                             present)
 •   Direktur di PT Chandra Environmental Solution (2025-saat ini)     •   Director at PT Chandra Environmental Solution (2025–present)
 •   Direktur di PT Chandra Daya Investasi Tbk (2025-saat ini)         •   Director at PT Chandra Daya Investasi Tbk (2025-present)
 •   Presiden Direktur di PT Chandra Tirta Karian (2025-saat ini)      •   President Director at PT Chandra Tirta Karian (2025-present)
 •   Direktur Pengembangan Usaha dan Komersial di PT Krakatau          •   Director of Business Development and Commercial at PT Krakatau
     Tirta Industri (2023-2025)                                            Tirta Industri (2023-2025)
 •   Manajer Umum Kontrak & Pengadaan di PT Chandra Asri Pacific       •   General Manager of Contracts & Procurement at PT Chandra Asri
     Tbk (2016-2023)                                                       Pacific Tbk (2016-2023)
 •   Manajer Pembelian Bahan Baku di PT Chandra Asri Pacific Tbk       •   Raw Material Purchasing Manager at PT Chandra Asri Pacific Tbk
     (2011-2016)                                                           (2011-2016)
 •   Manajer Pembelian Bahan Baku di PT Chandra Asri (2009-2011)       •   Raw Material Purchasing Manager at PT Chandra Asri (2009-2011)
 •   Manajer Bagian Operasi Pemasaran & Logistik di PT Chandra         •   Marketing & Logistics Operations Manager at PT Chandra Asri
     Asri (2007-2008)                                                      (2007-2008)
 •   Manajer Bagian Layanan Pelanggan & Operasi Penjualan di PT        •   Customer Service & Sales Operations Manager at PT Chandra Asri
     Chandra Asri (2000-2006)                                              (2000-2006)
 •   Insinyur Layanan Teknis & Pengembangan Produk di PT Chandra       •   Technical Services & Product Development Engineer at PT
     Asri (1995-1999)                                                      Chandra Asri (1995-1999)

 Rangkap Jabatan
 Concurrent Position
 •   Presiden Direktur di PT Wastewater Solution Indonesia (2025-      •   President Director at PT Wastewater Solution Indonesia (2025–
     saat ini)                                                             present)
 •   Direktur di PT Chandra Environmental Solution (2025-saat ini)     •   Director at PT Chandra Environmental Solution (2025–present)
 •   Direktur di PT Chandra Daya Investasi Tbk                         •   Director at PT Chandra Daya Investasi Tbk
 •   Presiden Direktur di PT Chandra Tirta Karian (sejak 2025)         •   President Director at PT Chandra Tirta Karian (since 2025)

 Hubungan Afiliasi
 Affiliate Relationship
 Tidak memiliki hubungan afiliasi dengan Dewan Komisaris, Direksi, Has no affiliated relationship with the Board of Commissioners,
 maupun Pemegang Saham Utama/Pengendali.                           Board of Directors, or Major/Controlling Shareholders.


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                                              Performance Highlights             Management Reports              Company Profile




Perubahan Komposisi Dewan Komisaris dan                                 Changes in Composition of Board of
Direksi                                                                 Commissioners and Board of Directors



                                                                                                                           Alasan
   Sebelum                                 Setelah
                            Jabatan                                     Jabatan                 Dasar Perubahan          Perubahan
  Perubahan                              Perubahan
                            Position                                    Position                 Basis of Change          Reason of
Before Changes                          After Changes
                                                                                                                           Change

                                                                                            Akta Pernyataan
                                                                Presiden Komisaris
                                                                                            Keputusan Pemegang
                                                                (merangkap Komisaris
                       Presiden                                                             Saham Nomor 5 tanggal
                                        Erry Riyana             Independen)
                       Komisaris                                                            3 Juni 2024
Suryandi                                Hardjapamekas           President Commissioner                                   -
                       President                                                            Deed of Statement of
                                                                (concurrently
                       Commissioner                                                         Shareholders' Resolution
                                                                Independent
                                                                                            Number 5 dated 3 June
                                                                Commissioner)
                                                                                            2024
                                                                                            Akta Pernyataan
                                                                Komisaris (merangkap        Keputusan Pemegang
                                                                Komisaris Independen)       Saham Nomor 78 tanggal
                       Komisaris                                Commissioner                14 Maret 2025
Edi Riva’i                              Ade Supandi                                                                      -
                       Commissioner                             (concurrently               Deed of Statement of
                                                                Independent                 Shareholders' Resolution
                                                                Commissioner)               Number 78 dated 14
                                                                                            March 2025
                                                                                            Akta Pernyataan
                                                                                            Keputusan Pemegang
                                                                                            Saham Nomor 16 tanggal
Pholavit               Komisaris                                Komisaris                   4 November 2024
                                        Erwin Ciputra                                                                    -
Thiebpattama           Commissioner                             Commissioner                Deed of Statement of
                                                                                            Shareholders' Resolution
                                                                                            Number 16 dated 4
                                                                                            November 2024
                                                                                            Akta Pernyataan
                                                                                            Keputusan Pemegang
                                                                                            Saham Nomor 78 tanggal
Anawat                 Komisaris        Andre Khor Kah          Komisaris                   20 Januari 2025
                                                                                                                         -
Chansaksoong           Commissioner     Hin                     Commissioner                Deed of Statement of
                                                                                            Shareholders' Resolution
                                                                                            Number 78 dated 20
                                                                                            January 2025
                       Komisaris        Thawat                  Komisaris
-                                                                                           -                            -
                       Commissioner     Hirancharukorn          Commissioner
                       Komisaris        Prasit                  Komisaris
-                                                                                           -                            -
                       Commissioner     Laohawirapap            Commissioner




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         Management Discussion and Analysis                     Good Corporate Governance                     Financial Reports




Komposisi Direksi                                                       Composition of Board of Directors



                                                                                                                             Alasan
   Sebelum                                       Setelah
                                Jabatan                                   Jabatan               Dasar Perubahan            Perubahan
  Perubahan                                    Perubahan
                                Position                                  Position               Basis of Change            Reason of
Before Changes                                After Changes
                                                                                                                             Change

                                                                                            Akta Pernyataan
                                                                                            Keputusan Pemegang
                                                                                            Saham Nomor 16 tanggal
                        Presiden Direktur     Fransiskus Ruly       Presiden Direktur       4 November 2024
Erwin Ciputra                                                                                                             -
                        President Director    Aryawan               President Director      Deed of Statement of
                                                                                            Shareholders' Resolution
                                                                                            Number 16 dated 4
                                                                                            November 2024
                                                                                            Akta Pernyataan
                                                                                            Keputusan Pemegang
                                                                                            Saham Nomor 78 tanggal
Andre Khor Kah          Direktur              Jonathan              Direktur                20 Januari 2025
                                                                                                                          -
Hin                     Director              Kandinata             Director                Deed of Statement of
                                                                                            Shareholders' Resolution
                                                                                            Number 78 dated 20
                                                                                            January 2025
                        Direktur                                    Direktur
-                                             Merly                                         -                             -
                        Director                                    Director
                        Direktur              Agus Lukmanul         Direktur
-                                                                                           -                             -
                        Director              Hakim                 Director
                        Direktur              Saksit                Direktur
-                                                                                           -                             -
                        Director              Suntharekanon         Director




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Profil Sumber Daya Manusia
Human Resources Profile




Demografi Karyawan*                                                             Employee Demographic*
Komposisi Karyawan Berdasarkan Status Kepegawaian
Employee Composition Based on Employment Status

                                        Status
                                                                                           2025               2024                  2023
                                        Status
Tetap
                                                                                            323               308                     299
Permanent
Kontrak
                                                                                             57                45                     30
Contract

Total                                                                                       380               353                     329


Komposisi Karyawan Berdasarkan Jenjang Pendidikan
Employee Composition Based on Educational Level

Pendidikan
                                                                                           2025               2024                  2023
Education

Sarjana (S1/S2/S3)
                                                                                            197               173                     145
Bachelor’s, Master’s and Doctoral Degree
Diploma (D1/D2/D3/D4)
                                                                                             63                62                     63
Diploma
SMA dan Sederajat
                                                                                             115               113                    116
High School and Equivalent
SD dan SMP
                                                                                             5                 5                       5
Elementary and Middle School

Total                                                                                       380               353                     329




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           Management Discussion and Analysis                 Good Corporate Governance                 Financial Reports




 Komposisi Karyawan Berdasarkan Jenjang Jabatan
 Employee Composition Based on Position

                                          Jabatan
                                                                                    2025         2024                 2023
                                          Position
 Manajer Senior
                                                                                      20          14                        6
 Senior Manager
 Manajer Umum
                                                                                      32          25                        21
 General Manager
 Manajer
                                                                                      86          79                    70
 Manager
 Pengawas, Mekanik, Teknisi, Ahli Mesin, Petugas, Operator, Juru Tulis
                                                                                     240         233                    232
 Supervisor, Mechanic, Technician, Engineer, Officer, Operator, Clerk

 Total                                                                               380         353                    329


 Komposisi Karyawan Berdasarkan Jenjang Usia
 Employee Composition Based on Age

 Usia
                                                                                    2025         2024                 2023
 Age
 ≤ 18-24 tahun/years old                                                              18          17                        8
 25-34 tahun/years old                                                               124          117                       111
 35-44 tahun/years old                                                               146         146                    146
 45-54 tahun/years old                                                                77          64                    55
 ≥ 55 tahun/years old                                                                 15          11                        9

 Total                                                                               380         353                    329


 Komposisi Karyawan Berdasarkan Lokasi Usaha
 Employee Composition Based on Business Location


 Lokasi
                                                                                    2025         2024                 2023
 Location
 Jakarta                                                                              53          39                        15
 Cilegon                                                                             327         314                    314

 Total                                                                               380         353                   329


 Komposisi Karyawan Berdasarkan Jenis Kelamin**
 Employee Composition Based on Gender**

 Jenis Kelamin
                                                                                           2025
 Gender
 Pria
                                                                                           326
 Male
 Wanita
                                                                                            54
 Female

 Total                                                                                     380
*Data sampai dengan 31 Maret 2026
** Konsolidasian baru dilakukan pada tahun buku
*Data as per March 2026
** Consolidation has been conducted in the fiscal year




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Informasi Pemegang Saham
Shareholders’ Information




Komposisi Pemegang Saham dengan Kepemilikan ≥5% atau Lebih
Composition of Shareholders with Ownership ≥5% or More

            Pemegang Saham                               Jumlah Saham                         Persentase Kepemilikan (%)
              Shareholders                                Total Shares                        Percentage of Ownership (%)
CHANDRA ASRI PACIFIC TBK, PT                              74.897.620.800                                  60
PHOENIX POWER B.V.                                        37.448.816.400                                  30



Komposisi Pemegang Saham dengan Kepemilikan <5% atau Lebih
Composition of Shareholders with Ownership <5% or More

            Pemegang Saham                               Jumlah Saham                         Persentase Kepemilikan (%)
              Shareholders                                Total Shares                        Percentage of Ownership (%)
Masyarakat
                                                           4.612.557.692                                  10
Public




Komposisi Pemegang Saham Berdasarkan Status Kepemilikan
Shareholder Composition Based on Ownership Status

            Pemegang Saham                               Jumlah Saham                         Persentase Kepemilikan (%)
              Shareholders                                Total Shares                        Percentage of Ownership (%)
Institusi Lokal
                                                         80.040.002.300                                  64,12
Local Institution
Institusi Asing
                                                          38.905.580.200                                 31,17
Foreign Institution
Individu Lokal
                                                           5.795.353.300                                 4,64
Local Individual
Individu Asing
                                                            88.438.900                                   0,07
Foreign Individual

Total                                                    124.829.374.700                                 100




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          Management Discussion and Analysis                    Good Corporate Governance                     Financial Reports




Kepemilikan Saham Dewan Komisaris                                       Share Ownership of the Board of
dan Direksi                                                             Commissioners and Directors
Secara Langsung
Direct

                                                                                                                    Persentase
           Nama                                        Jabatan                              Jumlah Saham          Kepemilikan (%)
           Name                                        Position                              Total Shares          Percentage of
                                                                                                                   Ownership (%)
Dewan Komisaris
Board of Commissioners

                                 Presiden Komisaris (merangkap Komisaris Independen)
Erry Riyana
                                 President Commissioner (concurrently Independent                 -                          -
Hardjapamekas
                                 Commissioner)
                                 Komisaris (merangkap Komisaris Independen)
Ade Supandi, SE                                                                                   -                          -
                                 Commissioner (concurrently Independent Commissioner)
                                 Komisaris
Erwin Ciputra                                                                                     -                          -
                                 Commissioner
                                 Komisaris
Andre Khor Kah Hin                                                                            19.250.000                   0,02
                                 Commissioner
                                 Komisaris
Thawat Hirancharukorn                                                                             -                          -
                                 Commissioner
                                 Komisaris
Prasit Laohawirapap                                                                               -                          -
                                 Commissioner

Direksi
Board of Directors

                                 Presiden Direktur
Fransiskus Ruly Aryawan                                                                       5.600.000                    0,00
                                 President Director
                                 Direktur
Jonathan Kandinata                                                                            5.000.000                    0,00
                                 Director
                                 Direktur
Merly                                                                                         4.000.000                    0,00
                                 Director
                                 Direktur
Agus Lukmanul Hakim                                                                           1.500.000                    0,00
                                 Director
                                 Direktur
Saksit Suntharekanon                                                                              -                          -
                                 Director



Secara Tidak Langsung                                                   Indirect

Seluruh anggota Dewan Komisaris dan Direksi tidak ada                   None of the members of the Board of Commissioners
yang memiliki saham Perseroan secara tidak langsung.                    and Board of Directors hold any shares in the Company
                                                                        indirectly.




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Komposisi Pemegang Saham
Utama/Pengendali
Composition of Major/Controlling Shareholders




  Electricity Generating
 Public Company Limited


100%                                                                                  The Siam Cement
                                                                                                                  Thai Oil Public
                                                          Prajogo Pangestu             Public Company
                                                                                                                 Company Limited
    EGCO Plus Company                                                                      Limited
         Limited
                                                      71,37%                       99,99%                    99,99%

100%                                                                               SCG Chemicals Public         PT TOP Investment
                                                        PT Barito Pacific Tbk
                                                                                     Company Limited                Indonesia

    New Growth Plus B.V.
                                                       34,63%                      30,57%                     15%

100%


     Phoenix Power B.V.


30%




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              Management Discussion and Analysis                   Good Corporate Governance           Financial Reports




        Marigold Resources                                                   Lainnya
                                           Prajogo Pangestu
             Pte. Ltd.                                                       Others

      3,92%                             5,03%                      10,85%




                                                                                                             Masyarakat
PT Chandra Asri Pacific Tbk
                                                                                                               Public


   60%                                                                                                 10%




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Struktur Perusahaan
Company Structure




  Electricity Generating
 Public Company Limited


100%
                                                                                                    The Siam Cement
                                                           Prajogo Pangestu                                                       Thai Oil Public
                                                                                                     Public Company
   EGCO Plus Company                                                                                                             Company Limited
                                                                                                         Limited
        Limited
                                                       71,37%                                    99,99%                        99,99%
100%
                                                                                                 SCG Chemicals Public           PT TOP Investment
                                                         PT Barito Pacific Tbk
                                                                                                   Company Limited                  Indonesia
   New Growth Plus B.V.
                                                       34,63%                                    30,57%                        15%

100%


     Phoenix Power B.V.                                                                                               PT Chandra Asri Pacific Tbk


30%                                                                                                                      60%




 99,99%                         50,75%                         100%                                  70%                       49%

      PT Chandra                   PT Redeco Petrolin              Chandra Industrial                 PT Krakatau Chandra         PT Krakatau Tirta
     Samudera Port                      Utama                        Infra Pte. Ltd.                         Energi                    Industri



 100%
                                                                        99,99%                                                 45%

       PT Chandra                                                             PT Krakatau Sarana                PT Krakatau Posco
       CIlegon Port                                                                 Energi                            Energy




 Port & Storage Pillar       Port & Storage Pillar      Water Pillar          Logistics Pillar




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               Management Discussion and Analysis                     Good Corporate Governance                     Financial Reports




 Marigold Resources                                                      Lainnya
                                       Prajogo Pangestu
      Pte. Ltd.                                                          Others

3,92%                                 5,03%                   10,85%



                                                                                                                          Masyarakat
                                                                                                                            Public

                                                                                                                    10%




65%                             100%                      100%                        80%                       99,99%

  PT Chandra Tirta               PT Chandra Shipping        PT Marina Indah                                         PT Chandra Investa
                                                                                       PT Chandra Cold Chain
       Karian                        International              Maritim                                                   Prima



100%                            100%
                                                                                          51%                             99,99%

  PT Wastewater                    Chandra Maritime                                                                       PT Chandra Daya
                                                                                          PT SCG Barito Logistics
 Solution Indonesia              International Pte. Ltd                                                                      Warehouse


                                60%                                                                                       99,99%

                                  Blue Horizon Ship                                                                        PT Chandra
                                 Management Pte. Ltd.                                                                   Warehouse Cilegon




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Entitas Anak dan Perusahaan Asosiasi
Subsidiary and Associate



                                     Tahun             Persentase
  Nama Perusahaan                  Pendirian         Kepemilikan (%)             Bidang Usaha                Status Operasi
                                                                                                                                     Domisili
   Company Name                     Year of           Percentage of              Business Field             Operational Status
                                 Establishment        Ownership (%)
Perusahaan Anak Langsung
Direct Subsidiary


PT Krakatau Chandra                                                           Industri listrik          Beroperasi sejak 1996
                                        1996                  70,00                                                                  Cilegon
Energi (KCE)                                                                  Electrical industry       Operating since 1996

PT Redeco Petrolin                                                            Sewa tangki               Beroperasi sejak 1986
                                        1980                  50,75                                                                  Jakarta
Utama (RPU)                                                                   Tanks lease               Operating since 1986
                                                                              Konsultasi
                                                                                                        Beroperasi
PT Chandra Samudera                                                           manajemen
                                        2023                  99,99                                     sejak 2023                   Jakarta
Port (CSP)                                                                    Management
                                                                                                        Operating since 2023
                                                                              consulting
                                                                                                        Beroperasi
PT Chandra Shipping                                                           Angkutan laut
                                        2024                 100,00                                     sejak 2024                   Jakarta
International (CSI)                                                           Marine transportation
                                                                                                        Operating since 2024
                                                                                                        Beroperasi
PT Marina Indah Maritim                                                       Angkutan laut
                                        2024                 100,00                                     sejak 2024                   Jakarta
(MIM)                                                                         Marine transportation
                                                                                                        Operating since 2024
                                                                                                        Dalam tahap
Chandra Industrial Infra                                                      Perusahaan investasi      pengembangan
                                        2025                 100,00                                                                  Singapura
Pte. Ltd. (CII)                                                               Investment company        In the development
                                                                                                        stage
                                                                              Holding investasi,
                                                                              konsultasi manajemen
                                                                              dan jasa pengelolaan      Dalam tahap
PT Chandra Tirta Karian                                                       air                       pengembangan
                                        2025                  65,00                                                                  Jakarta
(CTK)                                                                         Investment holding,       In the development
                                                                              management                stage
                                                                              consulting and water
                                                                              treatment
                                                                              Pengangkutan dan
                                                                                                        Beroperasi
PT Chandra Cold Chain                                                         pergudangan
                                        2025                  80,00                                     sejak 2025                   Jakarta
(CCC)                                                                         Transportation and
                                                                                                        Operating since 2025
                                                                              warehousing
PT Chandra Investa                                                            Perusahaan investasi      Beroperasi sejak 2017
                                        2017                  99,99                                                                  Jakarta
Prima (CIP)                                                                   Investment company        Operating since 2017
                                                                                                        Dalam tahap
PT Chandra                                                                    Holding & konsultasi
                                                                                                        pengembangan
Environmental Solution                  2025                  99,99           Holding and                                            Jakarta
                                                                                                        In the development
(CES)                                                                         consulting
                                                                                                        stage




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                                    Tahun         Persentase
 Nama Perusahaan                  Pendirian     Kepemilikan (%)           Bidang Usaha          Status Operasi
                                                                                                                          Domisili
  Company Name                     Year of       Percentage of            Business Field       Operational Status
                                Establishment    Ownership (%)

Perusahaan Anak Tidak Langsung
Indirect Company

                                                                       Penjualan bahan
PT Krakatau Sarana                                                     bakar minyak            Beroperasi sejak 1999
                                      1999           99,99                                                                Cilegon
Energi (KSE)                                                           Fuel sales              Operating since 1999


                                                                       Pergudangan,
                                                                       penyimpanan,            Dalam tahap
PT Chandra Cilegon Port                                                dan layanan             pengembangan
                                      2024          100,00                                                                Jakarta
(CCP)                                                                  kepelabuhanan           In the development
                                                                       Warehousing, storage,   stage
                                                                       and seaport service
Chandra Maritime                                                                               Beroperasi
                                                                       Angkutan laut
International Pte. Ltd.               2025          100,00                                     sejak 2025                 Singapura
                                                                       Marine transportation
(CMI)                                                                                          Operating since 2025
PT Chandra Global
Maritim (CGM)                                                                                  Dalam tahap
(Kini PT Chandra Waste                                                 Angkutan laut           pengembangan
                                      2025          100,00                                                                Jakarta
Energy)                                                                Marine transportation   In the development
(Now PT Chandra Waste                                                                          stage
Energy)
                                                                       Pengangkutan dan
                                                                                               Dalam tahap
                                                                       pelayaran
Maritime Global                                                                                pengembangan
                                      2025          100,00             Shipping                                           Singapura
Shipping Pte. Ltd.                                                                             In the development
                                                                       transportation
                                                                                               stage
                                                                       services
                                                                       Pergudangan dan         Dalam tahap
PT Chandra Daya                                                        penyimpanan             pengembangan
                                      2025           99,99                                                                Jakarta
Warehouse (CDW2)                                                       Warehousing and         In the development
                                                                       storage                 stage
                                                                       Pergudangan dan         Dalam tahap
PT Chandra Warehouse                                                   penyimpanan             pengembangan
                                      2025           99,99                                                                Jakarta
Cilegon (CWC)                                                          Warehousing and         In the development
                                                                       storage                 stage
                                                                                               Dalam tahap
PT Wastewater Solution                                                 Pengolahan air          pengembangan
                                      2025          100,00                                                                Jakarta
Indonesia                                                              Water treatment         In the development
                                                                                               stage

Perusahaan Asosiasi
Associate

                                                                       Industri
PT Krakatau Tirta                                                      pengelolaan air         Beroperasi sejak 1996
                                      1996           49,00                                                                Cilegon
Industri (KTI)                                                         Water treatment         Operating since 1996
                                                                       industry
                                                                                               Beroperasi sejak 2014
PT Krakatau Posco                                                      Pembangkit Listrik
                                      2011           45,00                                     Operating since 2014       Cilegon
Energy (KPE)                                                           Electrical generation

                                                                       Jasa logistik           Beroperasi sejak 2017
PT SCG Barito Logistics                 -            51,00                                                                Jakarta
                                                                       Logistics services      Operating since 2017
                                                                       Jasa manajemen
                                                                                               Beroperasi
Blue Horizon Ship                                                      angkutan laut
                                      2025           60,00                                     sejak 2025                 Singapura
Management Pte. Ltd.                                                   Ship management
                                                                                               Operating since 2025
                                                                       services




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Alamat Kantor Entitas Anak
Subsidiary Office Address




           Nama Perusahaan                                                           Alamat
            Company Name                                                             Address
Perusahaan Anak Langsung
Direct Subsidiary

                                           Jalan Amerika I Kawasan
PT Krakatau Chandra Energi (KCE)
                                           Industri Krakatau Samang Raya, Citangkil, Kota Cilegon, Provinsi Banten
                                           Gedung Cyber 2 Tower, Lantai 30, Jalan HR. Rasuna Said X-5 Nomor 13,
PT Redeco Petrolin Utama (RPU)
                                           Kelurahan Karet, Kecamatan Setiabudi, Kota Jakarta Selatan 12950
                                           Wisma Barito Pacific, Tower A,
PT Chandra Samudera Port (CSP)             Lantai 7, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
                                           Wisma Barito Pacific, Tower A,
PT Chandra Shipping International (CSI)    Lantai 3, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
                                           Wisma Barito Pacific, Tower A,
PT Marina Indah Maritim (MIM)              Lantai 3, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
Chandra Industrial Infra Pte. Ltd. (CII)   1 MARINA BOULEVARD#28-00ONE MARINA BOULEVARD SINGAPORE (018989)
                                           Wisma Barito Pacific, Tower B,
PT Chandra Tirta Karian (CTK)              Lantai 5, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
                                           Wisma Barito Pacific, Tower B,
PT Chandra Cold Chain (CCC)                Lantai 5, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
                                           Wisma Barito Pacific Lantai 3-A, Jalan Letjen. S. Parman kaveling 62-63, Kelurahan
PT Chandra Investa Prima (CIP)
                                           Slipi, Kecamatan Palmerah
                                           Chandra Environmental Solution
PT Chandra Environmental Solution
                                           Wisma Barito Pacific Tower A, Lantai 3 | Floor 3 Jl. Letjen S. Parman Kav. 62-63
(CES)
                                           Jakarta 11410, Indonesia
Perusahaan Anak Tidak Langsung
Indirect Subsidiary

PT Krakatau Sarana Energi (KSE)            Jalan Industri No. 3 Perkantoran KS, Ramanuju, Pulomerak, Kota Cilegon, Banten
                                           Wisma Barito Pacific, Tower A,
PT Chandra Cilegon Port (CCP)              Lantai 7, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410
Chandra Maritime International Pte. Ltd.   1 MARINA BOULEVARD, #28-00, ONE
(CMI)                                      MARINA BOULEVARD, SINGAPORE 018989
                                           Wisma Barito Pacific
PT Chandra Global Maritim (CGM) (Kini
                                           Tower A, Lantai 7 | Floor 7
PT Chandra Waste Energy)
                                           Jl. Letjen S. Parman Kav. 62-63
(Now PT Chandra Waste Energy)
                                           Jakarta 11410, Indonesia
Maritime Global Shipping Pte. Ltd.         460 Alexandra ROAD, #07-01, MTower, Singapura
                                           Wisma Barito Pacific, Tower A,
PT Chandra Daya Warehouse (CDW2)           Lantai 5, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                           Kecamatan Palmerah, Kota Jakarta Barat 11410




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            Nama Perusahaan                                                                 Alamat
             Company Name                                                                   Address

                                                  Wisma Barito Pacific, Tower A,
PT Chandra Warehouse Cilegon (CWC)                Lantai 5, Jalan Letnan Jendral Siswondo Parman Kaveling 62-63, Kelurahan Slipi,
                                                  Kecamatan Palmerah, Kota Jakarta Barat 11410
                                                  Wisma Barito Pacific Tower A, M Floor
PT Wastewater Solution Indonesia
                                                  Jl. Let. Jend. S. Parman Kav. 62-63, Jakarta 11410 Indonesia
Perusahaan Asosiasi
Associate

                                                  Jl. Ir. Sutami Lingkungan Cimerak, Desa/Kelurahan Kebonsari, Kecamatan Citangkil,
PT Krakatau Tirta Industri (KTI)
                                                  Kota Cilegon, Banten 42442 Indonesia
                                                  Jl. Afrika No. 02, Desa/Kelurahan Samangraya, Kecamatan Citangkil, Kota Cilegon,
PT Krakatau Posco Energy (KPE)
                                                  Banten 42443 Indonesia
                                                  Wisma Barito Pacific Lantai 9, Jalan Letnan Jenderal Siswondo Parman Kaveling
PT SCG Barito Logistics
                                                  62-63, Jakarta 11410
Blue Horizon Ship Management Pte. Ltd.            460 ALEXANDRA ROAD, #11-05, MTOWER, SINGAPORE 119963




Kronologi Pencatatan Saham
Chronology of Share Listing




                                                                                                           Total Jumlah
    Tanggal                   Aksi                                Harga                                       Saham                Bursa
                                                 Jumlah
  Pelaksanaan               Korporasi                           Penawaran            Harga Nominal           Beredar               Saham
                                                 Saham
 Implementation             Corporate                            Offering             Nominal Price        Total Number             Stock
                                               Total Shares
      Date                   Action                                Price                                     of Shares            Exchange
                                                                                                            Outstanding
                          Penawaran                                                                                             Bursa Efek
                          Umum                                                                                                  Indonesia
9 Juli 2025
                          Perdana              12.482.937.500        Rp190          Rp2.371.758.125.000   124.829.374.700       Indonesia
9 July 2025
                          Initial Public                                                                                        Stock
                          Offering                                                                                              Exchange



Kronologi Pencatatan Efek Lainnya                                            Chronology Of Other Securities Listing

Hingga akhir tahun buku 2025, Perseroan tidak                                As of the end of the fiscal year 2025, the Company has
menerbitkan efek di luar saham. Dengan demikian,                             not issued any securities other than shares. Therefore,
rincian informasi kronologi pencatatan efek lain tidak                       detailed information regarding the chronology of other
dapat disampaikan.                                                           securities listings cannot be provided.




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Kantor Akuntan Publik
Public Accounting Firm




  Kantor Akuntan Publik (KAP)                                              Liana, Ramon, Xenia & Rekan
  Public Accounting Firm (KAP)                                             Liana, Ramon, Xenia & Partner
                                        The Plaza Office Tower Lantai 32
Alamat
                                        Jl. M. H. Thamrin Kav. 28-30
Address
                                        Jakarta Pusat 10350
Tlp                                     +62 21 5081 8000
Phone
Faks
                                        +62 21 2992 8300
Fax
Periode Penugasan                       Juni 2025 dan Desember 2025
Assignment Period                       June 2025 and December 2025
Jasa yang Diberikan
                                        -
Services Provided
Jasa Audit                              Audit Laporan Keuangan Perusahaan Konsolidasian Periode Juni Tahun 2025
Audit Services                          Audit of the Company's Consolidated Financial Statements for June 2025
Biaya                                   Rp2.490.000.000
Fee                                     Rp2,490,000,000
Jasa Audit                              Audit Laporan Keuangan Perusahaan Konsolidasian Periode Desember Tahun 2025
Audit Services                          Audit of the Company's Consolidated Financial Statements for December 2025
Biaya                                   Rp3.054.000.000
Fee                                     Rp3,054,000,000




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Lembaga Profesi
Penunjang Pasar Modal
Capital Market Supporting Professional Institutions




                      Biro Administrasi Efek                                          Perusahaan Pemeringkat
                          Share Registrar                                                  Rating Agency
PT Datindo Entrycom                                                PT Pemeringkat Efek Indonesia (PEFINDO)
Jl. Hayam Wuruk No. 28, RT. 14/RW. 1,                              Equity Tower Lt. 30
Kb. Klp., Kecamatan Gambir, Kota Jakarta Pusat, Daerah             Sudirman Central Business District, Lot. 9
Khusus Ibukota Jakarta 10120                                       Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
T: (62-21) 3508077                                                 T: (62-21) 509 68469
F: (62-21)                                                         F: (62-21) 509 68468
Notaris
Notary
Jose Dima Satria, S.H., M.Kn
Jalan Madrasah
Komplek Taman Gandaria Kav. 11A
Kelurahan Gandaria Selatan, Kecamatan Cilandak
Jakarta Selatan, 12420
T: (62-21) 291 25 500




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 04
 Analisis dan
 pembahasan
 Manajemen
 Management Discussion
 and Analysis




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         Management Discussion and Analysis        Good Corporate Governance           Financial Reports




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Tinjauan Ekonomi dan Industri
Economic and Industry Review




Dana Moneter Internasional atau Internasional Monetary Fund (IMF) dalam laporannya
yang bertajuk “World Economic Outlook: Global Economy in Flux, Prospects remain Dim”
edisi Oktober 2025 memaparkan bahwa kondisi perekonomian global masih dalam tahap
penyesuaian terhadap dampak dari perubahan kebijakan ekonomi. Di antaranya, berkenaan
dengan kebijakan tarif yang diberlakukan oleh sejumlah negara.
The International Monetary Fund (IMF) stated in its October 2025 report titled "World Economic Outlook:
Global Economy in Flux, Prospects Remain Dim" that the global economy was still in the process of
adjusting to the impact of changing economic policies, which included tariff policies implemented by
several countries.



Lembaga tersebut menilai saat ini perekonomian                         The institution was of the view that the global economy
global masih diwarnai oleh ketidakpastian yang                         at the time was characterized by prolonged uncertainty
berkepanjangan maupun proteksionisme yang lebih                        and greater protectionism than before. Fiscal
besar dari sebelumnya. Kerentanan fiskal, potensi koreksi              vulnerabilities, potential financial market corrections,
pasar keuangan, dan penurunan institusi kebijakan                      and the decline of policy institutions could threaten
dapat mengancam stabilitas.                                            stability.

Dalam situasi yang dinamis itu, IMF memproyeksikan                     In this dynamic situation, the IMF projected that the
perekonomian global pada tahun 2025 akan berada                        global economy was going to grow in the range of 3.2%
di kisaran 3,2%, sedikit lebih rendah dibandingkan                     in 2025, which would have been slightly lower than its
tahun 2024 yang mencapai 3,3%. Bahkan, pada tahun                      3.3% growth in 2024. In fact, this growth was expected
berikutnya diperkirakan kembali melemah menjadi                        to weaken again in the following year to around 3.1%.
sekitar 3,1%.

Jika dilihat lebih lanjut, perekonomian negara-negara                  Furthermore, the economies of developed countries
maju di tahun 2025 diproyeksikan hanya tumbuh 1,5%,                    were projected to grow by only 1.5% in 2025, while
sementara negara berkembang masih berpotensi                           developing countries still had the potential to record
mencatatkan pertumbuhan yang relatif lebih tinggi,                     relatively higher growth of above 4%.
yaitu di atas 4%.

Di tengah perkembangan situasi global yang belum                       Despite the unstable global situation, the Indonesian
stabil, perekonomian Indonesia pada tahun 2025 tetap                   economy continued to show positive performance in
menunjukkan kinerja yang positif. Badan Pusat Statistik                2025. The Central Statistics Agency (BPS) recorded
(BPS) mencatat, pertumbuhan Produk Domestik Bruto                      Gross Domestic Product (GDP) growth of 5.11% year-
(PDB) mencapai 5,11% secara tahunan atau year on year                  on-year (yoy), which marked an increase compared to
(yoy), meningkat dibandingkan tahun sebelumnya yang                    the previous year's 5.03%.
sebesar 5,03%.

Jika dilihat berdasarkan lapangan usaha, pertumbuhan                   Disaggregated by industry, the highest growth in 2025
tertinggi pada tahun 2025 berasal dari sektor jasa                     came from the other-services sector, reaching 9.98%
lainnya, yaitu mencapai 9,98% (yoy). Sementara itu,                    (yoy). Meanwhile, according to Central Statistics Agency
sektor transportasi dan pergudangan, menurut data                      data, the transportation and warehousing sector grew
BPS, tumbuh 8,98% (yoy). Adapun sektor Pengadaan                       by 8.98% (yoy). The electricity and gas supply sector
Listrik dan Gas mengalami pertumbuhan sebesar 3,10%.                   experienced growth of 3.10%.




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Tinjauan Kinerja per Segmen Usaha
Operational Overview per Business Segment




Keunggulan Perseroan                                               Company Strengths

PT Chandra Daya Investasi Tbk (“Perseroan”, “CDI                   PT Chandra Daya Investasi Tbk (hereinafter referred
Group”) memiliki beragam keunggulan kompetitif yang                to as the "Company" or "CDI Group") has a variety
berkontribusi terhadap kinerja Perseroan. Di antaranya             of competitive advantages that contribute to its
adalah:                                                            performance. These include:

1.   Penyedia infrastruktur terintegrasi dengan                    1. The fastest-growing integrated infrastructure
     pertumbuhan tercepat.                                            provider.
     Perseroan adalah perusahaan yang menyediakan                     The Company provides infrastructure focused on
     infrastruktur dengan berfokus pada penyediaan dan                electricity supply and distribution, water treatment,
     distribusi listrik, pengolahan air, serta pengelolaan            tank management, jetty management, and logistics
     tangki, dermaga, dan pelayanan logistik.                         services.
2.   Arus kas stabil dengan kontrak jangka panjang                 2. Stable cash flow with guaranteed long-term
     yang terjamin dari off-taker bereputasi.                         contracts from reputable off-takers.
     Aset yang dimiliki Perseroan, melalui perusahaan                 The Company's assets (through its subsidiaries)
     anak, memiliki kontrak jangka panjang dengan klien-              have long-term contracts with reputable clients
     klien bereputasi tinggi, sehingga menghasilkan arus              that generate stable cash flows with high pass-
     kas yang stabil dengan kemampuan pass-through                    through capacity to ensure stable margins.
     yang tinggi untuk memastikan margin yang stabil.
3.   Potensi pertumbuhan jangka panjang dengan                     3. Long-term growth potential that capitalizes on
     memanfaatkan perkembangan pasar.                                 market developments.
     Perseroan      memiliki    posisi   strategis  dalam             The Company has a strategic position in energy,
     infrastruktur energi, air, kepelabuhanan dan                     water, port and storage infrastructure, and logistics
     penyimpanan, serta logistik di Asia Tenggara dengan              in Southeast Asia with strong growth trends.
     tren pertumbuhan yang kuat.
4.   Kemitraan dengan mitra domestik dan global                    4. Partnerships with leading domestic and global
     yang terkemuka.                                                  partners.
     Kemitraan strategis dengan mitra bereputasi tinggi               The Company has strategic partnerships with
     seperti Chandra Asri Group, Salim Group, Krakatau                reputable partners, such as Chandra Asri Group,
     Steel Group, dan Posco, yang membawa nilai tambah                Salim Group, Krakatau Steel Group, and Posco, which
     untuk Perseroan.                                                 bring added value to the Company.
5.   Dukungan dari sponsor terkemuka dan                           5. Support from leading and trusted sponsors.
     terpercaya.
     Pemegang saham Perseroan yaitu Chandra Asri                        The Company's shareholders, Chandra Asri Group
     Group dan EGCO Group berkomitmen memberikan                        and EGCO Group, are committed to providing strong
     dukungan kuat dalam berbagai bentuk termasuk                       support in various forms. These include (but not
     namun tidak terbatas terkait keahlian, jaringan,                   limited to) expertise, networks, and infrastructure
     dan infrastruktur untuk mendukung pertumbuhan                      to support the Company's growth and maximize the
     Perseroan serta memaksimalkan pemanfaatan aset                     utilization of its assets.
     yang dimiliki Perseroan.
6.   Manajemen yang berpengalaman dan berdedikasi.                 6. Experienced and dedicated management.
     Perseroan memiliki jajaran manajemen dengan                      The Company has a management team with in-
     pengetahuan dan pengalaman yang mendalam di                      depth knowledge and experience in the domestic
     industri infrastruktur domestik serta visi yang jelas            infrastructure industry and a clear vision for the
     untuk masa depan Perseroan.                                      Company's future.




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Strategi Bisnis Perseroan                                                  Company Business Strategy

CDI Group memiliki strategi utama untuk mendorong                          CDI Group's primary strategy is to drive long-term
pertumbuhan jangka panjang dan memperluas portofolio                       growth and expand its diversified business portfolio
bisnis terdiversifikasi dalam sektor infrastruktur di Asia                 within the Southeast Asian infrastructure sector. Its
Tenggara. Inisiatif tersebut dilakukan melalui optimisasi                  initiatives towards this end are implemented through
kapasitas, ekspansi strategis, serta merger dan akuisisi                   capacity optimization, strategic expansion, and
yang terarah. Untuk mendukung tujuan utama di atas,                        targeted mergers and acquisitions. To support the
rincian strategi yang diterapkan Perseroan untuk                           aforementioned primary objectives, the Company's
memperkuat posisi sebagai pemimpin industri dan                            strategies to strengthen its position as an industry
mencapai tujuan bisnis, antara lain:                                       leader and achieve its business objectives include the
                                                                           following:
1.     Melakukan percepatan ekspansi sebagai penyedia                      1. Accelerating       expansion      as   a    preferred
       infrastruktur utama di pasar Asia Tenggara.                             infrastructure provider in the Southeast Asian
                                                                               market.
   Perseroan bertujuan memberikan solusi infrastruktur                         The Company aims to provide integrated
   terintegrasi yang mendorong pertumbuhan di                                  infrastructure solutions that drive growth in
   Asia Tenggara, dengan fokus pada sektor-sektor                              Southeast Asia, with a focus on key sectors that
   penting termasuk energi, air, kepelabuhanan dan                             include energy, water, ports and storage, and
   penyimpanan, serta logistik. Dengan memanfaatkan                            logistics. By capitalizing on rapid infrastructure
   ekspansi infrastruktur yang pesat di kawasan ini,                           expansion in the region, the Company seeks to
   Perseroan berusaha mengoptimalkan kapasitas dan                             optimize capacity and support sustainable growth
   mendukung pertumbuhan berkelanjutan di seluruh                              across its diversified business portfolio.
   portofolio bisnis yang terdiversifikasi.
2. Memastikan arus kas yang stabil melalui kontrak                         2. Ensuring stable cash flow through secured long-
   jangka panjang yang terjamin memberikan                                    term contracts provides a strong foundation for
   landasan kuat untuk pertumbuhan berkelanjutan                              sustainable growth and financial stability.
   dan stabilitas keuangan.
   Perseroan akan memastikan arus kas yang                                    The Company will ensure stable cash flow through
   stabil melalui kontrak jangka panjang yang                                 long-term contracts that provide predictable
   memberikan pendapatan yang dapat diprediksi,                               revenues, with strong pass-through capacity to
   dengan kemampuan pass-through yang tinggi                                  adjust for cost increases, thereby improving margins.
   untuk menyesuaikan kenaikan biaya, sehingga                                This approach not only ensures a stable revenue
   meningkatkan margin. Pendekatan ini tidak hanya                            stream but also supports financial stability, creating
   menjamin arus pendapatan yang stabil tetapi juga                           a solid foundation for sustainable growth and long-
   mendukung stabilitas keuangan, menciptakan                                 term profitability.
   landasan solid untuk pertumbuhan berkelanjutan
   dan profitabilitas jangka panjang.
3. Membuka pertumbuhan jangka panjang melalui                              3. Unlocking long-term growth through optimizing
   optimalisasi pemanfaatan aset Perseroan.                                   the Company's asset utilization.
   Dengan     mengoptimalkan       pemanfaatan    aset                        By optimizing asset utilization in collaboration
   berkolaborasi dengan mitra strategis, Perseroan                            with strategic partners, the Company will increase
   akan meningkatkan kapasitas dan mengejar                                   capacity and pursue growth opportunities, including
   peluang pertumbuhan, termasuk akuisisi aset dan                            asset acquisitions and expanding operational
   memperluas kemampuan operasional. Strategi                                 capabilities. This strategy will also position the
   ini juga akan memposisikan Perseroan untuk                                 Company to meet future demand for energy, water,
   memenuhi permintaan masa depan untuk energi,                               ports and storage, and logistics, ensuring sustainable
   air, kepelabuhanan & penyimpanan, dan logistik,                            growth and value creation in the years to come.
   memastikan pertumbuhan berkelanjutan dan
   penciptaan nilai di tahun-tahun mendatang.




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4. Kemitraan strategis dengan mitra domestik dan                    4. Strategic partnerships with leading domestic and
   global terkemuka untuk mendorong nilai dan                          global partners to enhance the Company's value
   keahlian Perseroan.                                                 and expertise.
   Kemitraan bersama dengan organisasi yang sangat                     Partnerships with highly reputable organizations,
   bereputasi, termasuk namun tidak terbatas pada                      including but not limited to Chandra Asri Group,
   Chandra Asri Group, EGCO Group, Krakatau Steel                      EGCO Group, Krakatau Steel Group, Salim Group,
   Group, Salim Group, dan Posco, akan membawa nilai                   and Posco, will bring added value and expertise to
   tambah dan keahlian bagi operasi bisnis Perseroan.                  the Company's business operations. As a holding
   Sebagai perusahaan induk untuk bisnis infrastruktur,                company for infrastructure businesses, the
   Perseroan akan terus menjalin kemitraan dengan                      Company will continue to forge partnerships with
   pemimpin domestik dan global untuk meningkatkan                     domestic and global leaders to enhance growth and
   pertumbuhan dan memperluas kemampuannya di                          expand its capabilities across key sectors.
   berbagai sektor utama.

Tinjauan Kinerja per Segmen Usaha                                   Performance Review by Business Segment

Hingga akhir tahun buku 2025, segmen usaha CDI Group                As of the end of the 2025 fiscal year, CDI Group's
dibagi menjadi 4 (empat) kelompok sesuai dengan                     business segments have been divided into four groups
divisi-divisi operasi, yakni:                                       according to their operating divisions:
1. Energi                                                           1. Energy
2. Logistik                                                         2. Logistics
3. Sewa Tangki dan Dermaga                                          3. Tank and Jetty Rental
4. Usaha Lainnya                                                    4. Other Businesses

Segmen Energi                                                       Energy Segment

Segmen ini dijalankan oleh entitas anak, yakni PT                   This segment is operated by its subsidiary, PT Krakatau
Krakatau Chandra Energi (KCE) bersama 2 (dua) entitas               Chandra Energi (KCE), along with two subsidiaries: PT
anak usahanya, yaitu PT Krakatau Posco Energy (KPE)                 Krakatau Posco Energy (KPE) and PT Krakatau Sarana
dan PT Krakatau Sarana Energi (KSE). Dalam menjalankan              Energi (KSE). In carrying out its business activities, the
kegiatan usahanya, Perseroan memiliki 3 (tiga) pilar                Company has three business pillars: electricity supply,
bisnis, yakni: penyediaan tenaga listrik, jasa kelistrikan,         electricity services, and new and renewable energy.
serta energi baru dan terbarukan, yang dilengkapi                   These pillars are complemented by other supporting
dengan bisnis pendukung lainnya termasuk distribusi                 businesses, including energy distribution through a
energi melalui jaringan ritel.                                      retail network.

Pilar Penyediaan Energi                                             Energy Supply Pillar
Penyediaan energi merupakan pilar utama dari bisnis                 Energy supply is the main pillar of KCE's business,
KCE, yang didukung oleh pembangkit listrik dengan                   supported by power plants with a total capacity of 120
kapasitas total 120 MW. Listrik yang dihasilkan digunakan           MW. The electricity generated is used to supply the
untuk memasok kebutuhan energi di Kawasan Industri                  energy needs of the 2,666-hectare Krakatau Industrial
Krakatau (KIK) seluas 2.666 hektar. Saat ini, KCE melayani          Estate (KIK). Currently, KCE serves 311 customers from
311 pelanggan dari sektor industri, bisnis, sosial, hingga          the industrial, business, social, and government sectors,
pemerintahan, serta 1.652 pelanggan rumah tangga.                   as well as 1,652 household customers.

Dalam proses pembangkitan, KCE mengoperasikan                       To generate electricity, KCE operates a 120 MW
sistem Pembangkit Listrik Tenaga Gas Uap (PLTGU)                    Combined Cycle Power Plant (CCPP)-based Steam-
berbasis teknologi Combined Cycle Power Plant (CCPP)                Fired Power Plant (PLTGU). This system consists of two
berkapasitas 120 MW. Sistem ini terdiri dari 2 (dua) unit           gas turbines, two heat recovery steam generators, and
turbin gas, dua heat recovery steam generator, dan satu             one steam turbine. The primary fuel used is natural
turbin uap. Bahan bakar utama yang digunakan adalah                 gas, ensuring efficiency and energy quality that meet
gas alam, yang menjamin efisiensi dan kualitas energi               industry standards.
sesuai standar industri.




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Kontribusi dari PT Krakatau Posco Energy (KPE) sebagai                    PT Krakatau Posco Energy (KPE), a subsidiary of KCE, also
salah satu anak usaha KCE turut memperkuat jaringan                       strengthens its energy supply network by operating a
pasokan energi, dengan mengoperasikan Pembangkit                          200 MW Steam-Fired Power Plant (PLTU) equipped with
Listrik Tenaga Uap (PLTU) berkapasitas 200 MW yang                        a transmission and distribution system up to 150 kV.
dilengkapi dengan sistem transmisi dan distribusi
hingga 150kV.

Selain itu, KCE melalui Perusahaan Anak yaitu PT                          In addition, KCE, through its subsidiary, PT Krakatau
Krakatau Sarana Energi (KSE), juga membangun dan                          Sarana Energi (KSE), also builds and operates Public
mengoperasikan Stasiun Pengisian Kendaraan Listrik                        Electric Vehicle Charging Stations (SPKLU) with 11 kW
Umum (SPKLU) dengan daya pengisian 11 kW dan 7 kW                         and 7 kW charging capacities at the Grogol Cilegon
di area SPBU Grogol Cilegon dan Hotel Royale Krakatau                     gas station and the Royale Krakatau Hotel, as well
serta 6 SPKLU dengan kapasitas 2x7 kW dan 1x7,5 kW                        as 6 SPKLUs with 2x7 kW and 1x7.5 kW capacities at
di Wisma Barito Pacific dan Wisma Barito Pacific II. KSE                  Wisma Barito Pacific and Wisma Barito Pacific II. KSE
juga mengelola dan mengoperasikan Stasiun Pengisian                       also manages and operates Public Fuel Filling Stations
Bahan Bakar Umum (SPBU) sebagai bagian dari bisnis                        (SPBU) as part of its energy distribution business.
distribusi energi.

Dengan KCE, KPE, dan KSE, CDI Group memastikan                            With KCE, KPE, and KSE, the CDI Group is able to ensure
keandalan dan kestabilan pasokan energi melalui                           the reliability and stability of its energy supply through
penerapan sistem kompensator dan infrastruktur                            its implementation of compensator systems and other
pendukung lainnya, untuk menjamin kualitas energi                         supporting infrastructure, ensuring optimal and safe
tetap optimal dan aman bagi seluruh pelanggan.                            energy quality for all customers.

Pilar Jasa Kelistrikan                                                    Electrical Services Pillar
Lini bisnis ini terbagi menjadi 3 (tiga) kegiatan usaha, yaitu:           This business line is divided into 3 (three) business
operasi dan pemeliharaan (operation & maintenance)                        activities: power plant operation and maintenance;
pembangkit listrik; rekayasa, pengadaan, dan konstruksi                   electrical engineering, procurement, and construction
(Engineering, Procurement, and Construction/EPC)                          (EPC); and repair and overhaul services for
ketenagalistrikan; dan layanan perbaikan (repair                          transformers and electric motors. These services serve
overhaul) untuk transformer dan motor listrik. Jasa ini                   various sectors, including industrial, business, social,
melayani berbagai sektor, termasuk pelanggan industri,                    government, and residential customers. The products
bisnis, sosial, pemerintah, dan perumahan. Produk                         offered by these three electrical service segments can
yang ditawarkan dari ketiga segmen layanan kelistrikan                    be seen outlined in the following table.
tersebut, antara lain diuraikan dalam tabel di bawah ini.


                         Jenis Usaha                                                Produk dan Jasa
  No.                  Type of Business                                           Products and Services

   1      Operasi & Pemeliharaan (O&M)                  1.   O&M Pembangkit Listrik Tenaga Uap (PLTU), Pembangkit
          Pembangkitan Tenaga Listrik &                      Listrik Tenaga Gas dan Uap (PLTGU), Pembangkit Listrik
          Distribusi Tenaga Listrik                          Tenaga Diesel (PLTD), Pembangkit Listrik Tenaga Gas
          Operation & Maintenance (O&M)                      (PLTMG)
          Power Generation & Distribution               2.   Operasi & Pemeliharaan Distribusi Tenaga Listrik
                                                        3.   Pengujian & Komisioning
                                                        4.   Sistem & Dokumentasi
                                                        5.   Pelatihan & Pengembangan
                                                        1.   O&M of Steam Power Plants (PLTU), Gas and Steam Power
                                                             Plants (PLTGU), Diesel Power Plants (PLTD), and Gas Power
                                                             Plants (PLTMG)
                                                        2.   Operation & Maintenance of Power Distribution
                                                        3.   Testing & Commissioning
                                                        4.   Systems & Documentation
                                                        5.   Training & Development




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          Management Discussion and Analysis              Good Corporate Governance                   Financial Reports




                           Jenis Usaha                                       Produk dan Jasa
 No.                     Type of Business                                  Products and Services

   2      EPC Ketenagalistrikan                 1. Konstruksi dan Pemasangan Instalasi Catu Daya Gardu Induk
          Engineering, Procurement and          2. Konstruksi dan Pemasangan Instalasi Catu Daya Tegangan
          Construction (EPC) Electricity           Menengah
                                                3. Konstruksi dan Pemasangan Instalasi Catu Daya Tegangan
                                                   Tinggi
                                                4. Konstruksi dan Instalasi Panel & Sistem Pembangkit Listrik
                                                   Tenaga Surya
                                                1. Construction and Installation of Substation Power Supply
                                                   Installations
                                                2. Construction and Installation of Medium Voltage Power
                                                   Supply Installations
                                                3. Construction and Installation of High Voltage Power Supply
                                                   Installations
                                                4. Construction and Installation of Solar Power Panels &
                                                   Systems
   3      Layanan Perbaikan untuk Motor &       1. Perbaikan & Overhaul Motor LV & MV
          Trafo                                 2. Perbaikan Trafo Daya & Distribusi
          Repair Services for Motors &          3. Layanan Unit Bergerak Trafo
          Transformers                          4. Penyewaan Alat Berat & Alat Uji: Overhead Crane 100/10
                                                   Ton, Overhead Crane 30/5 Ton Alat-alat berat & alat uji
                                                1. Repair & Overhaul of LV & MV Motors
                                                2. Repair of Power & Distribution Transformers
                                                3. Mobile Transformer Unit Services
                                                4. Heavy & Test Equipment Rental: Overhead Crane 100/10
                                                   Ton, Overhead Crane 30/5 Ton, Heavy equipment & Test
                                                   equipment



Pilar Energi Baru dan Terbarukan                                   New and Renewable Energy

KCE beroperasi di sektor energi baru dan terbarukan                KCE operates in the new and renewable energy sector
dengan membangun dan mengoperasikan Pembangkit                     by building and operating solar power plants (PLTS) with
Listrik Tenaga Surya (PLTS) yang saat ini memiliki                 a current capacity of up to 11 MWp. In the future, KCE
kapasitas hingga 11 MWp. Di masa depan, KCE berencana              plans to develop other renewable energy solutions to
untuk mengembangkan solusi energi terbarukan lainnya,              provide consumers with options for cleaner alternative
sebagai pilihan bagi konsumen untuk menggunakan                    energy. KCE offers a variety of solar panel installation
energi alternatif yang lebih bersih. KCE menyediakan               mechanisms, including the following:
beragam pilihan mekanisme pemasangan panel surya,
termasuk:
1. Sistem Solar On Grid: Sistem ini mengintegrasikan               1. On-Grid Solar Systems: These systems integrate
    panel surya dengan jaringan listrik, memungkinkan                 solar panels with the electricity grid, allowing
    energi yang dihasilkan langsung disalurkan ke                     generated energy to be directly fed into the grid
    jaringan tanpa memerlukan penyimpanan baterai.                    without the need for battery storage.
2. Sistem Solar Off Grid: Beroperasi secara mandiri tanpa          2. Off-Grid Solar Systems: Operating independently
    koneksi ke jaringan listrik, sistem ini membutuhkan               without a connection to the electricity grid, these
    energi dan baterai, dengan penggunaan yang                        systems require both energy and batteries, with
    bergantung pada kapasitas baterai.                                usage dependent on battery capacity.
3. Sistem Solar Hybrid: Sistem ini menggabungkan                   3. Hybrid Solar Systems: These systems combine
    berbagai sumber energi untuk memenuhi kebutuhan                   multiple energy sources to meet a building's
    listrik bangunan, memungkinkan integrasi antara                   electricity needs, enabling integration between
    berbagai sistem untuk fleksibilitas yang lebih besar.             different systems for greater flexibility.

Dengan beragam pilihan ini, KCE menawarkan solusi                  With these diverse options, KCE offers custom-
instalasi panel surya yang dirancang khusus untuk                  designed solar panel installation solutions to meet each
memenuhi kebutuhan spesifik setiap pelanggan.                      customer's specific needs.




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Kinerja Usaha                                                          Business Performance

Pilar Penyediaan Energi mencatatkan kinerja yang                       The Energy Supply Pillar recorded solid performance
solid sepanjang tahun 2025, didukung oleh keandalan                    throughout 2025 thanks to operational reliability and
operasional serta kesinambungan layanan distribusi                     continuity of electricity distribution services, SPKLU
energi listrik, SPKLU, dan SPBU.                                       (Storage Service Stations), and Gas Stations (Satgas
                                                                       Stations).

Kinerja penyediaan energi listrik tetap terjaga dengan                 Electricity supply performance remained strong,
Equivalent Availability Factor (EAF) berada pada kisaran               with an Equivalent Availability Factor (EAF) of around
96%, mencerminkan tingkat keandalan operasional yang                   96%, reflecting a high level of operational reliability.
tinggi. Sementara itu, SPKLU dan SPBU terus beroperasi                 Meanwhile, SPKLU and Gas Stations continued to
dalam mendukung layanan distribusi energi Perseroan                    operate to support the Company's energy distribution
kepada pelanggan.                                                      services to customers.

Secara keseluruhan, pilar ini mencerminkan peran                       Overall, this pillar served to reflect the Company's role
Perseroan dalam menyediakan layanan energi yang                        in providing reliable energy services.
andal.

Di sisi lain, Pilar Jasa Kelistrikan mencatatkan kontribusi            Conversely, the Electricity Services Pillar recorded a
positif sepanjang 2025 dengan ketahanan operasional                    positive contribution throughout 2025, demonstrating
yang baik. Segmen O&M menjadi penopang utama                           strong operational resilience. The O&M segment provided
melalui kontrak berulang yang stabil, sementara                        key support through stable recurring contracts, while
segmen proyek dan workshop menunjukkan dinamika                        the project and workshop segments demonstrated
seiring penyelesaian proyek strategis dan dimulainya                   dynamic growth as strategic projects were completed
kontrak baru. Layanan E&P turut memberikan nilai                       and new contracts commenced. E&P services also
tambah melalui solusi terintegrasi berbasis kompetensi                 provided added value through integrated solutions
teknis, sehingga secara keseluruhan pilar ini didukung                 based on technical competency. Overall, this pillar was
oleh diversifikasi layanan, pengelolaan proyek yang                    supported by service diversification, structured project
terstruktur, dan penguatan portofolio kontrak untuk                    management, and a strengthened contract portfolio to
menjaga kesinambungan kinerja dan daya saing                           maintain the Company's sustainable performance and
Perseroan.                                                             competitiveness.

Pada tahun 2025, Perseroan memiliki kapasitas                          In 2025, the Company had an electricity supply capacity
penyediaan tenaga listrik sebesar 120 MW. Sepanjang                    of 120 MW. Throughout the year, this service served 311
tahun berjalan, layanan ini melayani 311 pelanggan.                    customers.

Pada pilar jasa kelistrikan, Perseroan melayani 74                     In the electricity services pillar, the Company served 74
pelanggan pada tahun 2025.                                             customers in 2025.

Pada pilar energi baru dan terbarukan, kapasitas                       In the new and renewable energy pillar, the Company's
terpasang Perseroan meningkat signifikan menjadi 11                    installed capacity increased significantly to 11 MWp in
MWp pada tahun 2025, dibandingkan 2,2 MWp pada                         2025, as compared to 2.2 MWp in 2024. Along with this
tahun 2024. Seiring dengan peningkatan kapasitas                       capacity increase, the Company's number of customers
tersebut, jumlah pelanggan juga meningkat dari 6                       also increased from 6 customers in 2024 to 9 customers
pelanggan pada tahun 2024 menjadi 9 pelanggan                          in 2025, reflecting the growing use of renewable energy
pada tahun 2025, yang mencerminkan semakin                             in the Company's business portfolio.
berkembangnya pemanfaatan energi terbarukan dalam
portofolio bisnis Perseroan.




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          Management Discussion and Analysis            Good Corporate Governance                     Financial Reports




Segmen Logistik                                                   Logistics Segment

Segmen usaha di sektor logistik kelautan, logistik                The Company's marine logistics, storage logistics,
penyimpanan dan cold chain dijalankan oleh entitas                and cold chain business segments are operated by
anak PT Chandra Shipping International (CSI), PT                  subsidiaries PT Chandra Shipping International (CSI),
Marina Indah Maritim (MIM), PT Chandra Cold Chain                 PT Marina Indah Maritim (MIM), PT Chandra Cold Chain
(CCC), dan PT Chandra Warehouse Cilegon (CWC). CSI                (CCC) and PT Chandra Warehouse Cilegon (CWC). CSI
dan MIM aktif dalam industri pelayaran dan saat ini               and MIM are active in the shipping industry and currently
mengelola 14 (empat belas) armada kapal yang melayani             manage a fleet of 14 vessels serving the transportation
pengangkutan bahan kimia dan gas. CCC dan CWC aktif               of chemicals and gases. CCC and CWC are active in the
dalam industri penyimpanan dan saat ini mengelola                 storage industry and currently manage a total of two
total 2 gudang.                                                   warehouses.

Lebih lanjut, Perseroan melalui PT SGC Barito Logistics           In addition, through its associated entity PT SGC
(SBL), yang merupakan entitas terasosiasi dari                    Barito Logistics (SBL), the Company also provides
Perseroan, juga menyediakan jasa logistik darat, meliputi         land logistics services, including inter-island services,
jasa antarpulau, jasa angkutan laut, jasa ekspor impor,           sea transportation services, import-export services,
dan jasa pengurusan kepabeanan serta manajemen                    customs clearance services, and warehouse
pergudangan.                                                      management.

Logistik Maritim                                                  Maritime Logistics
Lini bisnis ini dikelola oleh PT Chandra Shipping                 This line of business is managed by PT Chandra
International (CSI) dan PT Marina Indah Maritim (MIM).            Shipping International (CSI) and PT Marina Indah Maritim
Saat ini, CSI dan MIM aktif dalam industri pelayaran              (MIM). Currently, CSI and MIM are active in the shipping
dengan mengelola total 14 (empat belas), armada                   industry and manage a total of 14 vessels serving the
kapal yang melayani pengangkutan bahan kimia dan                  transportation of chemicals and gases. A total of 12
gas. Sebanyak 12 kapal telah beroperasi, sementara 2              vessels are operational, while two other vessels have
kapal lainnya telah selesai dikonstruksi di Jepang dan            been completed in Japan and are scheduled to enter
dijadwalkan mulai beroperasi pada semester I tahun                service in the first half of 2026.
2026.

Kapal-kapal laut tersebut dioperasikan di bawah CDI               These vessels are operated under the CDI Group
Group dan melayani Chandra Asri Group maupun                      and serve both the Chandra Asri Group and external
pelanggan eksternal. Melalui 14 (empat belas) armada              customers. Through a fleet of 14 (fourteen) vessels, the
kapal, Perseroan memiliki kapasitas angkut bahan kimia            Company has a chemical and gas transport capacity
dan gas dengan rentang 4.200-9.600 DWT.                           ranging from 4,200 to 9,600 DWT.

Logistik Darat                                                    Land Logistics
Melalui PT Chandra Cold Chain (CCC) dan PT Chandra                Through PT Chandra Cold Chain (CCC) and PT Chandra
Warehouse Cilegon (CWC), CDI Group mengoperasikan                 Warehouse Cilegon (CWC), CDI Group operates
dua fasilitas pergudangan, masing-masing terdiri dari             two warehousing facilities, each consisting of one
satu gudang berpendingin yang dikelola oleh CCC                   refrigerated warehouse managed by CCC in Bitung and
di Bitung dan satu gudang yang dikelola oleh CWC                  one warehouse managed by CWC in CIlegon. Meanwhile,
di Cilegon. Sementara itu, Perseroan melalui SBL                  through SBL, the Company manages a fleet of 212 trucks
mengelola armada truk sebanyak 212 unit pada tahun                in 2025, including sliding trucks, container trucks, wing
2025, termasuk sliding truck, truk kontainer gandeng,             box trucks, flat deck trucks, and ISO trucks.
wing box truck, flat deck truck dan truk ISO.




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Kinerja Usaha                                                          Business Performance

Pada tahun 2025, Perseroan mengoperasikan 12 kapal                     As of 2025, the Company operated 12 vessels in the
pada segmen logistik maritim, meningkat dibandingkan                   maritime logistics segment, which marked an increase
tahun 2024 yang berjumlah 7 kapal. Kapal-kapal tersebut                from 7 vessels in 2024. These vessels have a carrying
memiliki kapasitas angkut berkisar antara 4.200 hingga                 capacity ranging from 4,200 to 9,600 DWT, an increase
9.600 DWT, meningkat dibandingkan tahun sebelumnya                     from the previous year's 4,200 to 8,600 DWT. This
yang berada pada kisaran 4.200 hingga 8.600 DWT.                       increase in fleet size also supports the expansion of
Peningkatan jumlah armada ini turut mendukung                          the Company's services to customers in the marine
perluasan layanan Perseroan kepada pelanggan pada                      logistics segment.
segmen logistik kelautan.

Pada segmen logistik darat, Perseroan mengoperasikan                   In the land logistics segment, the Company operated
2 fasilitas gudang pada tahun 2025. Per 31 Desember                    2 warehouse facilities as of 2025. As per 31 December
2025, Perseroan melalui SBL mengoperasikan 212 truk,                   2025, the Company through SBL operates 212 trucks,
meningkat dibandingkan tahun 2024 yang sejumlah 162                    which marked an increase from 162 trucks in 2024. The
truk. Penambahan fasilitas ini merupakan bagian dari                   addition of these facilities was part of the Company's
upaya Perseroan untuk memperkuat kapasitas layanan                     efforts to strengthen its logistics service capacity and
logistik serta mendukung kebutuhan operasional                         support customer operational needs.
pelanggan.

Segmen Usaha Sewa Tangki & Dermaga                                     Tank & Jetty Rental Business Segment

Segmen usaha sewa tangki dan dermaga dijalankan oleh                   The Company's tank and jetty rental business segment
PT Redeco Petrolin Utama, entitas anak yang dikenal                    is operated by PT Redeco Petrolin Utama, a subsidiary
sebagai pemain terkemuka dalam solusi tangki curah                     recognized as a leading player in liquid bulk tank
cair. Perusahaan ini memiliki keahlian yang mendalam                   solutions. The company possesses in-depth expertise
dalam pengoperasian tangki penyimpanan.                                in storage tank operations.

Didirikan pada tahun 1986 di Banten, RPU                               Founded in 1986 in Banten, RPU operates terminals
mengoperasikan terminal yang berspesialisasi dalam                     specializing in the storage of liquid bulk chemical
penyimpanan produk kimia curah cair dan secara efisien                 products and efficiently manages the receipt, storage,
mengelola penerimaan, penyimpanan, dan penanganan                      and handling of chemicals, petrochemicals, and refined
bahan kimia, petrokimia, dan produk kilang minyak,                     petroleum products, utilizing tanks designed to meet the
menggunakan tangki yang dirancang untuk memenuhi                       specific needs of different substances. With a strong
kebutuhan spesifik zat yang berbeda. Dengan komitmen                   commitment to quality, environmental sustainability,
yang kuat terhadap kualitas, kelestarian lingkungan,                   and safety, RPU holds relevant ISO certifications,
dan keselamatan, RPU memegang sertifikasi ISO yang                     ensuring compliance with the highest standards across
relevan, memastikan kepatuhan terhadap standar                         all its operations.
tertinggi di semua operasinya.

Pengelolaan kepelabuhanan CDI Group termasuk                           CDI Group's port operations include deepwater wharves
dermaga laut dalam dan fasilitas penyimpanan curah                     and liquid bulk storage facilities available for rental to
cair yang tersedia untuk rental guna mendukung                         support the efficient handling of raw materials and
penanganan bahan baku dan produk jadi yang efisien.                    finished products. Responding to the growing demand
Merespons meningkatnya permintaan bahan kimia                          for imported chemicals and refined petrochemical
impor dan produk petrokimia olahan di Indonesia,                       products in Indonesia, the Company's port operations
operasi pelabuhan Perseroan menawarkan solusi                          offer tailored solutions to leading clients to ensure
yang disesuaikan untuk klien-klien terkemuka untuk                     smooth logistics and supply chain management.
memastikan kelancaran logistik dan manajemen rantai
pasokan.




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          Management Discussion and Analysis           Good Corporate Governance                     Financial Reports




Saat ini, kapasitas infrastruktur CDI Group mencakup:            Currently, CDI Group's infrastructure capacity includes:
1. 2 dermaga dengan panjang keseluruhan masing-                  1. 2 jetties, each 200 meters long and with a draft of 10
   masing 200 meter dengan draft 10 meter, yang                     meters, suitable for vessels up to 35,000 DWT.
   cocok untuk kapal bersandar (berth capacity) hingga
   35.000 DWT.
2. 72 tangki dengan total kapasitas 130.000 m3.                  2. 72 tanks with a total capacity of 130,000 m3.
3. Stasiun Pengisian Bahan Bakar Terpusat (CFS) yang             3. A Centralized Fueling Station (CFS) suitable for
   cocok untuk berbagai jenis dan ukuran tanker jalan.              various types and sizes of road tankers.
4. Sistem Customer Order Service (COS) untuk rencana             4. A Customer Order Service (COS) system for tailor-
   pengambilan produk yang dibuat khusus                            made product pickup plans.
5. Standar internasional untuk kebakaran dan                     5. International standards for fire and safety, including
   keselamatan, termasuk oil boom untuk menangani                   oil boom for handling oil spills.
   tumpahan minyak.

Kinerja Usaha                                                    Business Performance

Perseroan mengoperasikan 2 fasilitas dermaga                     The Company operated two jetty facilities in 2025.
pada tahun 2025. Fasilitas ini berperan penting                  These facilities played a vital role in supporting loading
dalam mendukung kegiatan bongkar muat serta                      and unloading activities and logistics distribution.
distribusi logistik. Sepanjang tahun 2025, dermaga               Throughout 2025, the Company's jetties served 19
Perseroan melayani 19 pelanggan, yang mencerminkan               customers, which served to reflect the continuity of its
keberlanjutan hubungan kerja sama dengan para                    partnerships with key customers.
pelanggan utama.

Perseroan memiliki 72 unit tangki penyimpanan dengan             The Company has 72 storage tanks with a total capacity
total kapasitas sebesar 130.000 m3, yang tetap terjaga           of 130,000 m3, which remained at the same level as in
pada tingkat yang sama dengan tahun 2024. Sepanjang              2024. Throughout 2025, the Company's storage tank
tahun 2025, fasilitas tangki penyimpanan Perseroan               facilities served 58 customers.
melayani 58 pelanggan.

Segmen Usaha Lainnya                                             Other Business Segments

Pada tahun buku 2025, segmen usaha lain yang                     Another business segment operated by CDI Group in
dijalankan oleh CDI Group adalah air. Kegiatan usaha ini         fiscal year 2025 is in the area of water services. The
dikelola oleh PT Krakatau Tirta Industri (KTI).                  Group manages this specific line of business through
                                                                 PT Krakatau Tirta Industri (KTI).

KTI telah memperluas kemampuan bisnisnya untuk                   KTI has expanded its business capabilities to meet
memenuhi permintaan pasar dengan mengembangkan                   market demand by developing and operating various
dan mengoperasikan berbagai fasilitas pengolahan                 water treatment facilities. These facilities include
air. Fasilitas tersebut meliputi instalasi pengolahan            demineralized water treatment plants, water recycling
air demineralisasi, instalasi daur ulang air, instalasi          plants, and wastewater treatment plants using advanced
pengolahan air limbah yang menggunakan teknologi                 technologies such as membranes, ultrafiltration, ion
canggih seperti membran, ultrafiltrasi, pertukaran ion,          exchange, and biological treatment. KTI's specific
dan pengolahan biologis. Lini bisnis KTI meliputi: Air           business lines include clean water, demineralized water,
bersih, air demin, dan pengolahan air limbah.                    and wastewater treatment.




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Rincian dari lini bisnis pengelolaan air dijelaskan sebagai                     Details of KTI's water management business lines can be
berikut:                                                                        seen described below:

Proses Bisnis Pengolahan Air Bersih                                             Clean Water Treatment Business Process
KTI melayani kebutuhan air bersih bagi beberapa                                 KTI serves the clean water needs of various customers
pelanggan seperti Krakatau Steel Group, PT Krakatau                             that include Krakatau Steel Group, PT Krakatau Posco,
Posco, PT Asahimas Chemical, Chandra Asri Group, dan                            PT Asahimas Chemical, Chandra Asri Group, and various
berbagai perusahaan lain di kawasan industri strategis                          other companies in the strategic industrial area of​​
Kota Cilegon.                                                                   Cilegon City.


       UPSTREAM                         MIDSTREAM                        CUSTOMER                                          DOWNSTREAM

        Cidanau River



                                        WTP Krenceng


                                                                                Domestic                          WWTP
      Cipasaruan River

                                                                                                                                                   Sea
                                        WTP Cidanau

                                                                                Industry
       Krenceng Dam

                                                                                                           Special Water Facilities
                                                                                                                                                     SWRO




                                                                                                               Salt Recorvery (FUTURE)                       Salt


  Water Resource & Intake           Water Treatment Plant                  Clean Water                                         Special Water




Air Bersih                                                                      Clean Water

Jasa penyediaan air bersih merupakan bisnis inti dari                           Clean water supply services represent KTI's core
KTI, yang menyediakan air bersih untuk berbagai industri,                       business, providing clean water to various industries,
termasuk Chandra Asri Group.                                                    including Chandra Asri Group.
1. Sumber Air Baku                                                              1. Raw Water Sources
    a. Sungai Cidanau                                                               a. Cidanau River
        Sungai Cidanau merupakan sungai vital di Daerah                                The Cidanau River is a vital river in the Cidanau
        Aliran Sungai (DAS) Cidanau yang memiliki luas                                 River Basin, which covers an area of 22,620
        22.620 Ha. Sungai ini memiliki peran penting                                   hectares. This river plays a vital role in supporting
        dalam mendukung pembangunan berkelanjutan                                      sustainable development in Banten Province.
        di Provinsi Banten. Selain sumber daya air yang                                In addition to its significant water resources,
        signifikan, DAS Cidanau merupakan rumah bagi                                   the Cidanau Watershed is home to an endemic
        kawasan konservasi endemik, Rawa Danau, yang                                   conservation area, Rawa Danau, which spans
        membentang seluas 3.500 Ha dan ditetapkan                                      3,500 hectares and has been designated as a
        sebagai cagar alam.                                                            nature reserve.




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    b. Sungai Cipasauran                                             b. Cipasauran River
       Daerah Aliran Sungai (DAS) Cipasauran terletak                   The     Cipasauran     Watershed     is    located
       sekitar ±48 km dari Cilegon menuju Labuan,                       approximately 48 km from Cilegon to Labuan,
       dengan luas wilayah 41,52 km².                                   with an area of 41.52 km².
    c. Waduk Nadra Krenceng                                          c. Nadra Krenceng Reservoir
       Waduk Nadra Krenceng berfungsi sebagai salah                     The Nadra Krenceng Reservoir serves as a form
       satu infrastruktur air baku, yang dirancang untuk                of raw water infrastructure, designed to store
       menyimpan air untuk digunakan pada musim                         water for use during the dry season or to meet
       kemarau atau untuk memenuhi kebutuhan                            the operational needs of the Krenceng water
       operasional instalasi pengolahan air Krenceng.                   treatment plant. The Nadra Krenceng Reservoir
       Waduk Nadra Krenceng terletak di Kelurahan                       is located in Kebonsari Village, Citangkil District,
       Kebonsari, Kecamatan Citangkil, Kota Cilegon,                    Cilegon City, Banten Province. This artificial
       Provinsi Banten. Danau buatan ini dialiri air dari               lake is fed by water from the Cidanau River,
       Sungai Cidanau yang berjarak ± 28 km, dengan air                 approximately 28 km away, with the water
       yang dialirkan melalui jaringan pipa.                            distributed through a network of pipes.

2. Fasilitas Pengolahan Air                                       2. Water Treatment Facilities
   a. Instalasi Pengolahan Air Krenceng (IPA)                        a. Krenceng Water Treatment Plant (IPA)
      Krenceng Instalasi Pengolahan Air Krenceng                        The Krenceng Water Treatment Plant was
      didirikan pada tahun 1979 sebagai salah satu                      established in 1979 as one of the main water
      fasilitas pengolahan air utama yang dimiliki oleh                 treatment facilities owned by PT Krakatau Steel
      PT Krakatau Steel (Persero) Tbk (KS). Pada tahun                  (KS). In 1996, the plant was established as a
      1996, pabrik ini didirikan sebagai anak perusahaan                subsidiary of KS under the name PT Krakatau
      KS dengan nama PT Krakatau Tirta Industri                         Tirta Industri (KTI). The plant has an installed
      (KTI). Pabrik ini memiliki kapasitas terpasang                    capacity of 1,800 liters/second and operates
      sebesar 1.800 liter/detik dan beroperasi dengan                   using water sourced from the Cidanau River.
      menggunakan air yang bersumber dari Sungai
      Cidanau.
   b. Instalasi Pengolahan Air (IPA) Cidanau                         b. Cidanau Water Treatment Plant (WTP)
      Instalasi Pengolahan Air (IPA) Cidanau mulai                      The Cidanau Water Treatment Plant (WTP) began
      beroperasi pada tahun 2018, memanfaatkan                          operations in 2018, utilizing raw water sourced
      air baku yang bersumber dari Bendungan                            from the Cipasauran Dam. The raw water is
      Cipasauran. Air baku dipompa ke unit pengolahan                   pumped to a processing unit located in Cidanau.
      yang berlokasi di Cidanau. Instalasi ini memiliki                 This plant has three intake pumps, each with a
      3 unit pompa intake, masing-masing dengan                         capacity of 600 liters/second. The Cipasauran
      kapasitas 600 liter/detik. Bendungan Cipasauran,                  Dam, located approximately 45 km from Cilegon
      terletak sekitar 45 km dari Cilegon ke arah                       towards Labuan, serves to raise the water level
      Labuan, berfungsi untuk menaikkan muka air                        of the Cipasauran River, allowing it to flow to the
      sungai Cipasauran, sehingga dapat dialirkan                       Cidanau WTP managed by KTI. Completed in 2017,
      ke IPA Cidanau yang dikelola oleh KTI. Bendung                    the Cipasauran Dam is 30 meters wide and 6.5
      Cipasauran yang selesai dibangun pada tahun                       meters high. The WTP is equipped with a tapping
      2017 memiliki lebar 30 meter dan tinggi 6,5                       structure, a flushing structure, and a sludge/sand
      meter. IPA ini dilengkapi dengan bangunan sadap,                  trap, all located on the right side of the dam.
      bangunan pembilas, dan saluran kantong lumpur/
      pasir perangkap, yang semuanya terletak di sisi
      kanan bendung.




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3. Air Demin                                                           3. Demineralized Water
   Selain menyediakan air bersih untuk keperluan industri                 In addition to KTI providing clean water for
   dan masyarakat, KTI melalui anak perusahaannya,                        industrial and public use, it also provides high-
   PT Krakatau Tirta Operation & Maintenance (KTOP),                      quality demineralized water for industrial use
   juga menyediakan air demineralisasi berkualitas                        through its subsidiary PT Krakatau Tirta Operation
   tinggi untuk keperluan industri. Memanfaatkan                          & Maintenance (KTOP). Utilizing sophisticated
   proses yang canggih dan teknologi mutakhir, air                        processes and state-of-the-art technology, the
   demineralisasi yang dihasilkan disesuaikan untuk                       demineralized water produced is tailored to meet
   memenuhi kebutuhan spesifik setiap pelanggan.                          the specific needs of each customer.
   a. WTP Demin PT MCCI                                                   a. PT MCCI Demineralized Water Treatment Plant
                                                                             (WTP)
      Water Treatment Plant (WTP) ini dibangun untuk                         This Water Treatment Plant (WTP) was built
      memenuhi kebutuhan air demin PT Mitsubishi                             to meet the demineralized water needs of PT
      Chemical Indonesia (PT MCCI) dengan kebutuhan                          Mitsubishi Chemical Indonesia (PT MCCI), with
      220 m3/jam. Air baku yang digunakan dalam                              a capacity of 220 m3/hour. The raw water used
      proses pengolahan bersumber dari air bersih                            in the processing process comes from clean
      yang disediakan oleh KTI. Dibangun oleh KTI                            water provided by KTI. Built by KTI under a Build,
      dengan model bisnis Build, Operate, Own (BOO),                         Operate, Own (BOO) business model, this WTP
      WTP ini memiliki kapasitas desain 3 x 110 m3/jam                       has a design capacity of 3 x 110 m3/hour (with
      (dengan 2 unit operasional dan 1 unit stand by)                        2 operational units and 1 standby unit) and has
      dan telah beroperasi secara kontinyu selama                            been operating continuously 24 hours a day
      24 jam setiap harinya sejak bulan Oktober 2014.                        since October 2014. The treated demineralized
      Produk air demin yang telah diolah kemudian                            water is then distributed to the PT MCCI factory
      didistribusikan ke pabrik PT MCCI melalui jaringan                     through a dedicated pipeline network.
      pipa khusus.
   b. WRP & WTP Demin PT Latinusa Tbk                                     b. WRP & Demin WTP PT Latinusa Tbk
      Water Recycle Plant (WRP) mengolah air baku                            The Water Recycle Plant (WRP) processes raw
      yang bersumber dari air limbah yang dihasilkan                         water sourced from wastewater generated by
      oleh Instalasi Pengolahan Air Limbah (IPAL) PT                         the Wastewater Treatment Plant (WWTP) of PT
      Pelat Timah Nusantara (PT Latinusa Tbk). Air                           Pelat Timah Nusantara (PT Latinusa Tbk). This
      limbah ini berasal dari proses pelapisan logam                         wastewater originates from the metal plating
      dan pelapisan lembaran timah. Setelah diolah                           and tin sheet coating processes. After being
      di IPAL PT Latinusa Tbk, air tersebut digunakan                        treated at the WWTP PT Latinusa Tbk, the water
      sebagai air baku untuk memproduksi air demin.                          is used as raw water to produce demineralized
      IPAL yang dibangun oleh KTI dengan model bisnis                        water. The wastewater treatment plant (WWTP),
      Build, Operate, Own (BOO) ini telah beroperasi                         built by KTI using the Build, Operate, Own (BOO)
      secara terus menerus selama 24 jam sehari sejak                        business model, has been operating continuously
      15 Desember 2011. Pabrik dirancang dengan                              24 hours a day since 15 December 2011. The plant
      kapasitas produksi 30 m3/jam air demin.                                is designed with a production capacity of 30 m3/
                                                                             hour of demineralized water.

        Tak hanya itu, KTI juga menjalankan Water                            Furthermore, KTI also operates a Water Treatment
        Treatment Plant yaitu WTP Demin PT Latinusa Tbk                      Plant (WTP Demin) of PT Latinusa, which was built
        yang dibangun dan dioperasikan oleh PT Krakatau                      and is operated by PT Krakatau Tirta Operation &
        Tirta Operasi & Pemeliharaan untuk memasok air                       Maintenance to supply demineralized water to
        demin bagi PT Latinusa Tbk. Instalasi ini memiliki                   PT Latinusa. This installation has a capacity of 48
        kapasitas 48 m3/jam dan telah beroperasi secara                      m3/hour and has been operating continuously,
        kontinyu, 24 jam sehari, sejak 1 Oktober 2021.                       24 hours a day, since 1 October 2021. The
        Teknologi yang digunakan meliputi Ultrafiltrasi                      technologies     used      include    Ultrafiltration
        Membran, Reverse Osmosis Membran, dan Ion                            Membrane, Reverse Osmosis Membrane, and
        Exchange Resin untuk memastikan produksi air                         Ion Exchange Resin to ensure high-quality water
        yang berkualitas tinggi.                                             production.




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    c. O&M WTP Demin Kompleks Blast Furnace PT                      c. O&M WTP Demin Blast Furnace Complex PT
       Krakatau Steel (Persero) Tbk.                                   Krakatau Steel (Persero)
       KTI melakukan Operation & Maintenance (O&M)                     KTI carries out Operation & Maintenance (O&M) of
       Instalasi Pengolahan Air Demineralisasi (WTP) di                the Demineralized Water Treatment Plant (WTP)
       Komplek Blast Furnace PT Krakatau Steel. WTP                    at PT Krakatau Steel's Blast Furnace Complex.
       ini menggunakan teknologi ion exchange dan                      This WTP uses ion exchange technology and has
       memiliki kapasitas desain 150 m3/jam.        KTI                a design capacity of 150 m3/hour. KTI manages all
       mengelola seluruh aspek proses pengolahan                       aspects of the water treatment process including
       air termasuk penyediaan bahan kimia dan                         chemical supply and workforce management,
       manajemen tenaga kerja, memastikan kelancaran                   ensuring the plant's smooth operation and
       operasi dan pemeliharaan pabrik.                                maintenance.

4. Pengolahan Air Limbah                                         4. Wastewater Treatment
   PT Krakatau Tirta Industri melalui PT Krakatau                   PT Krakatau Tirta Industri provides wastewater
   Tirta Operasi dan Pemeliharaan (KTOP) melayani                   treatment services for industries and companies
   pengolahan air limbah untuk industri dan perusahaan.             through PT Krakatau Tirta Operation and Maintenance
   Layanan ini memastikan kepatuhan terhadap                        (KTOP). This service ensures compliance with
   standar kualitas lingkungan sekaligus memungkinkan               environmental quality standards while enabling
   penggunaan kembali air limbah yang telah diolah,                 the reuse of treated wastewater, contributing to
   yang berkontribusi pada pengelolaan sumber daya.                 resource management.
   a. O&M WWTP Biotreatment Blast Furnace Complex                   a. O&M WWTP Biotreatment Blast Furnace Complex
       PT Krakatau Steel (Persero) Tbk                                 PT Krakatau Steel (Persero) Tbk
       Selain mengoperasikan WTP Demin Blast Furnace                   In addition to operating the WTP Demin Blast
       Kompleks KS, KTI juga mengelola operation                       Furnace Complex of PT KS, KTI also manages
       & maintenance (O&M) Instalasi Pengolahan                        the operation and maintenance (O&M) of
       Air    Limbah     (IPAL)   Biotreatment     Blast               the Wastewater Treatment Plant (WWTP)
       Furnace Kompleks PT KS. IPAL ini berkapasitas                   Biotreatment Blast Furnace Complex PT KS. This
       32 m3/jam dengan menggunakan teknologi                          WWTP has a capacity of 32 m3/hour and uses
       pengolahan secara biologis. Di pabrik ini, KTI                  biological treatment technology. At this plant, KTI
       mengawasi semua aspek fasilitas, termasuk                       oversees all aspects of the facility, including the
       proses pengolahan air, pasokan bahan kimia,                     water treatment process, chemical supply, and
       dan manajemen tenaga kerja, untuk memastikan                    workforce management, to ensure efficient and
       pengolahan air limbah yang efisien dan                          sustainable wastewater treatment.
       berkelanjutan.
   b. PT Krakatau Blue Water (KBW)                                  b. PT Krakatau Blue Water (KBW)
       KBW merupakan perusahaan patungan antara                        KBW is a joint venture between KTI and Blue
       KTI dan Blue O&M Co Ltd. Sejak didirikan pada                   O&M Co Ltd. Since its establishment in 2013,
       tahun 2013, KBW bertanggung jawab untuk                         KBW has been responsible for operating the Final
       mengoperasikan fasilitas Pengolahan Air Limbah                  Wastewater Treatment Plant with a processing
       Akhir, dengan kapasitas pengolahan 17.000 m3/                   capacity of 17,000 m3/day and a Reusing System
       hari, dan Reusing System, yang memiliki kapasitas               (7,000 m3/day), which is owned by PT Krakatau
       7.000 m3/hari yang dimiliki oleh PT Krakatau                    Posco. This facility utilizes conventional and
       Posco. Fasilitas ini menggunakan teknologi                      membrane technologies to ensure efficient and
       konvensional dan membran untuk memastikan                       sustainable wastewater treatment and reuse.
       pengolahan dan penggunaan kembali air limbah
       yang efisien dan berkelanjutan.




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   c. WRP Krakatau Steel Building Jakarta                                 c. WRP Krakatau Steel Building Jakarta
      WRP dirancang untuk mengolah air dari                                  This Water Recycle Plant (WRP) was designed to
      buangan gedung, khususnya dari toilet, dengan                          treat water from building wastewater, specifically
      debit 2 m3/jam. Air yang telah diolah kemudian                         from toilets, with a flow rate of 2 m3/hour. The
      digunakan kembali untuk sistem pendingin                               treated water is then reused in the building's
      gedung. WRP yang dibangun oleh KTI beroperasi                          cooling system. The WRP, built by KTI, operates
      dengan skema bisnis Build, Operate, Own (BOO).                         under a Build, Operate, Own (BOO) business
      WRP ini menggunakan teknologi canggih                                  model. This WRP utilizes advanced technologies
      seperti Membrane Bio Reactor (MBR) dan                                 such as the Membrane Bio Reactor (MBR) and Ion
      teknologi Ion Exchange (decolouration) untuk                           Exchange (decoloration) technology to ensure
      memastikan proses pengolahan dan penggunaan                            efficient water treatment and reuse.
      air yang efisien.

Profitabilitas per Segmen Usaha                                        Profitability by Business Segment

Energi                                                                 Energy
Perseroan membukukan hasil segmen energi, yakni                        The Company recorded US$15.1 million in segment result
penjualan daya listrik dan jasa kelistrikan lainnya                    from its sales of electric power and other electrical
sebesar US$15,1 juta pada tahun 2025, meningkat                        services segment in 2025, which marked a 228.68%
228,68% dibandingkan tahun 2024 sebesar US$94,6                        increase compared to US$94.6 million in 2024. This
juta. Kenaikan ini terutama didorong oleh peningkatan                  increase was primarily driven by increased operational
kapasitas operasional, seiring dengan meningkatnya                     capacity, in line with the increasing energy needs of the
kebutuhan energi dari pelanggan utama Perseroan.                       Company's major customers.

Logistik                                                               Logistics
Pendapatan dari segmen logistik tercatat sebesar                       Revenue from the logistics segment was recorded at
US$312,0 juta pada tahun 2025, meningkat signifikan                    US$312.0 million in 2025, which marked a significant
539,29% dibandingkan tahun 2024 sebesar US$1,9 juta.                   539.29% increase compared to US$1.9 million in 2024.
Pertumbuhan yang kuat ini sejalan dengan penambahan                    This strong growth was in line with the Company's
jumlah armada kapal serta peningkatan volume aktivitas                 addition of vessel numbers and its increase in its volume
pengangkutan dan distribusi, yang mendukung ekspansi                   of transportation and distribution activities, which
kegiatan operasional Perseroan di sektor logistik.                     supported the expansion of the Company's operational
                                                                       activities in the logistics sector.




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Sewa Tangki dan Dermaga                                                Tank and Jetty Rental
Perseroan mencatatkan pendapatan dari segmen sewa                      The Company recorded US$3.3 million in revenue
tangki dan dermaga sebesar US$3,3 juta pada tahun                      from the tank and dock rental segment in 2025, which
2025, meningkat 20,17% dibandingkan tahun 2024                         marked a 20.17% increase compared to US$2.8 million in
sebesar US$2,8 juta. Peningkatan ini mencerminkan                      2024. This increase reflected improved storage facility
membaiknya tingkat okupansi fasilitas penyimpanan                      occupancy rates and increased loading and unloading
serta meningkatnya aktivitas bongkar muat di area                      activity in the Company's dock area.
dermaga.


                                                                                                                    (Disajikan dalam US$)
                                                                                                                       (Expressed in US$)



             Segmen Usaha                       Hasil Segmen 2025    Hasil Segmen 2024                    Perubahan (%)
            Business Segments                  Segment Results 2025 Segment Results 2024                    Change (%)

Energi
                                                    15.077.760                    4.587.412                     228,68
Energy

Logistik
                                                    12.045.135                    1.884.138                    539,29
Logistics

Sewa Tangki & Dermaga
                                                    3.305.208                     2.750.475                      20,17
Tank & Dock Rentals




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Tinjauan Kinerja Keuangan
Financial Performance Review




Analisa dan pembahasan kinerja keuangan PT Chandra Daya Investasi Tbk (“Perseroan”,
“CDI Group”) mengacu pada laporan keuangan untuk tahun-tahun yang berakhir 31
Desember 2025 dan 2024 yang telah diaudit oleh Kantor Akuntan Publik (KAP) Liana Ramon
Xenia & Rekan. Laporan keuangan Perseroan mendapatkan opini wajar tanpa pengecualian.

This analysis and discussion of PT Chandra Daya Investasi Tbk's performance (hereinafter referred to as
"the Company" or "CDI Group") uses financial statements for the years that ended on 31 December of 2025
and 2024 as references. These statements have been audited by the Public Accounting Firm (KAP) Liana
Ramon Xenia & Partners. The Company's financial statements have both received an opinion of “fair and
without exceptions.”




Kinerja Keuangan Konsolidasian                                                           Consolidated Financial Performance

Laporan Laba Rugi
Income and Loss Statement                                                                                                                 (dalam US$ penuh) | (in full US$)


                                                                             2025                                2024**                              2023*

 Pendapatan
                                                                        148.032.595                           102.254.765                         75.765.791
 Revenue
 Beban Pokok Pendapatan
                                                                        (112.640.469)                         (91.789.624)                      (69.394.895)
 Cost of Revenue
 Laba Kotor
                                                                         35.392.126                            10.465.141                         6.370.896
 Gross Profit
 Laba Tahun Berjalan
                                                                         127.788.841                          33.479.379                           2.802.261
 Profit for the Year
 Rugi Komprehensif Lain
                                                                          (403.727)                             (177.318)                           (14.890)
 Other Comprehensive Loss
 Laba Komprehensif Tahun Berjalan
                                                                         127.385.114                          33.302.061                           2.787.371
 Comprehensive Income for the Year
 Laba per Saham Dasar ***
                                                                             0,0011                              0,0003                          0,0000054
 Basic Earnings per Share ***
Catatan: | Notes:
*) Sejak pendirian Perseroan (11 bulan hingga Desember 2023)
**) Disajikan kembali
***) Laba per saham telah disesuaikan dengan efek pemecahan nilai nominal saham pada tahun 2025 dari Rp2.000.000,- per saham menjadi Rp100 per saham yang
diasumsikan telah terjadi sejak awal tahun penyajian
*) Since the Company’s establishment (11 months through December 2023)
**) Restated
***) Earnings per share have been adjusted for the effect of the 2025 stock split, which reduced the par value of shares from Rp2,000,000 per share to Rp100 per share,
assumed to have taken effect from the beginning of the reporting year




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Pendapatan                                                       Revenue
Sepanjang tahun 2025, Perseroan membukukan                       The Company recorded US$148.0 million in revenue in
pendapatan sebesar US$148,0 juta. Dibandingkan                   2025. This represented a 44.77% increase compared
tahun 2024 yang sebesar US$102,3 juta terjadi kenaikan           to US$102.3 million in 2024. This increase was primarily
44,77%. Kenaikan ini terutama disebabkan oleh                    due to an increase in the Company's logistics services
peningkatan pada segmen logistik yang sejalan dengan             segment, in line with its increase in its number of
peningkatan jumlah kapal.                                        vessels.

Kontributor utama pendapatan Perseroan tersebut                  The main source of this revenue came from the energy
berasal dari segmen energi dengan porsi mencapai                 segment, which accounted for 71.49%, and the logistics
71,49% dan segmen logistik sebesar 24,75% terhadap               segment, which accounted for 24.75% of total net
total pendapatan bersih.                                         revenue.

Beban                                                            Expenses
Beban pokok pendapatan Perseroan terutama berasal                The Company's cost of revenue primarily consisted of
dari biaya yang terkait langsung dengan kegiatan                 costs directly related to operational activities, including
operasional, termasuk biaya bahan baku dan biaya                 raw material costs and direct operating costs.
operasional langsung.

Pada tahun 2025, beban pokok pendapatan tercatat                 In 2025, cost of revenue was recorded at US$112.6
sebesar US$112,6 juta, meningkat 22,72% dibandingkan             million, which marked a 22.72% increase compared to
tahun 2024 yang sebesar US$91,8 juta. Peningkatan                US$91.8 million in 2024. This increase was in line with
ini sejalan dengan peningkatan pendapatan serta                  its increase in revenue and the Company's operational
meningkatnya aktivitas operasional Perseroan selama              activities during the year.
tahun berjalan.

Laba Kotor                                                       Gross Profit
Total laba kotor Perseroan pada tahun 2025 tercatat              The Company's total gross profit in 2025 was recorded
sebesar US$35,4 juta, meningkat signifikan dibandingkan          at US$35.4 million. This marked a significant increase
laba kotor pada tahun 2024 yang sebesar US$10,5 juta.            compared to its gross profit of US$10.5 million in
Perubahan ini terutama disebabkan oleh meningkatnya              2024. This change was primarily due to higher revenue
pendapatan yang lebih tinggi dibandingkan peningkatan            increases compared to the Company's increase in cost
beban pokok pendapatan, sehingga margin kotor                    of revenue, resulting in an increase in the Company's
Perseroan mengalami peningkatan pada tahun berjalan.             gross margin for the year.

(Beban) Pendapatan Operasional                                   Operating Income (Expenses)
(Beban) pendapatan operasional Perseroan terdiri                 The Company's operating income (expenses) consists
dari laba (rugi) kotor dikurangi beban penjualan,                of gross profit (loss) reduced by selling, general, and
beban umum, dan administrasi. Pada tahun 2025, total             administrative expenses. In 2025, the Company's total
beban operasional Perseroan mencapai US$22,3 juta,               operating expenses reached US$22.3 million, which
meningkat signifikan dibandingkan tahun 2024 yang                marked a significant increase compared to US$2.2
sebesar US$2,2 juta.                                             million in 2024.

Perubahan ini terutama dipengaruhi oleh peningkatan              This change was primarily driven by increased business
aktivitas usaha serta kontribusi peningkatan dari                activity and an increase in the selling, general, and
komponen beban umum dan administrasi penjualan                   administrative expenses component totaling in at
sebesar US$4,9 juta seiring dengan peningkatan                   US$4.9 million, which was in line with the Company's
aktivitas operasi Perseroan dan entitas anak pada                increased operating activities and its subsidiaries in the
tahun berjalan.                                                  current year.

Laba Sebelum Pajak                                               Profit Before Tax
Perseroan membukukan laba sebelum pajak tahun 2025               The Company recorded US$132.1 million in profit before
sebesar US$132,1 juta, lebih tinggi 285,96% dibandingkan         tax in 2025, which marked a 285.96% increase compared
laba sebelum pajak tahun 2024 yang sebesar US$                   to its profit before tax of US$34.2 million in 2024. This
34,2 juta. Perbaikan ini terutama dipengaruhi oleh               improvement was primarily driven by increased revenue.
peningkatan pendapatan.



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                                             Performance Highlights               Management Reports          Company Profile




Beban Pajak Penghasilan                                                Income Tax Expense
Total beban pajak Perseroan pada tahun 2025 mencapai                   The Company's total tax expense in 2025 reached
US$4,3 juta, sementara pada tahun sebelumnya sebesar                   US$4.3 million, as compared to US$0.7 million during the
US$0,7 juta. Kenaikan sebesar 479,32% ini terjadi karena               previous year. This 479.32% increase occurred due to
Perseroan membukukan laba operasional yang lebih                       the Company's higher operating profit compared to the
besar dari tahun sebelumnya.                                           previous year.

Laba Bersih Tahun Berjalan                                             Net Profit for the Year
Hingga akhir tahun buku, laba Perseroan sebesar                        As of the end of the fiscal year, the Company's profit was
US$127,8 juta. Dibandingkan tahun sebelumnya yang                      US$127.8 million. This represented a 281.69% increase
memperoleh laba bersih sebesar US$33,5 juta, terjadi                   compared to the previous year's net profit of US$33.5
peningkatan 281,69%.                                                   million.

Rincian realisasi laba bersih tahun berjalan tersebut                  The details of the Company's net profit actualization for
diuraikan sebagai berikut:                                             the year are as follows:
1. Laba bersih diatribusikan kepada pemilik entitas                    1. Net profit attributable to owners of the parent
   induk sebesar US$121,1 juta, lebih tinggi 285,24%                      entity amounted to US$121.1 million, which marked a
   dibandingkan laba bersih tahun 2024 yang sebesar                       285.24% increase compared to 2024's net profit of
   US$31,4 juta.                                                          US$31.4 million.
2. Laba bersih diatribusikan kepada kepentingan non-                   2. Net profit attributable to non-controlling interests
   pengendali sebesar US$6,7 juta, lebih tinggi 227,54%                   amounted to US$6.7 million, which marked a 227.54%
   dibandingkan laba bersih tahun 2024 yang sebesar                       increase compared to 2024's net profit of US$2.1
   US$2,1 juta.                                                           million.

Laba Komprehensif Tahun Berjalan                                       Comprehensive Profit for the Year
Total laba komprehensif tahun berjalan Perseroan                       The Company's total comprehensive profit for the year
tercatat sebesar US$127,4 juta. Dibandingkan tahun                     was recorded at US$127.4 million. This represented
2024 yang mengalami keuntungan sebesar US$33,3                         a 282.51% increase compared to its 2024 profit of
juta, terjadi kenaikan 282,51%. Perubahan ini terjadi                  US$33.3 million. This change was due to an increase in
karena peningkatan laba bersih Perseroan selama tahun                  the Company's net profit during the year.
berjalan.

Rincian realisasi laba komprehensif tahun berjalan                     The details of the Company's comprehensive profit
tersebut diuraikan sebagai berikut:                                    actualization for the year are as follows:
1. Laba komprehensif diatribusikan kepada pemilik                      1. Comprehensive profit attributable to owners of the
   entitas induk sebesar US$120,6 juta, lebih tinggi                      parent entity amounted to US$120.6 million, which
   288,35% dibandingkan tahun 2024 yang mengalami                         marked a 288.35% increase compared to US$31
   laba komprehensif sebesar US$31,0 juta.                                million in 2024.
2. Laba komprehensif diatribusikan kepada kepentingan                  2. Comprehensive profit attributable to non-controlling
   non-pengendali sebesar US$6,8 juta, meningkat                          interests amounted to US$6.8 million, which marked
   202,19% dari laba komprehensif tahun 2024 yang                         a 202.19% increase from its 2024 comprehensive
   sebesar US$2,3 juta.                                                   profit of US$2.3 million.



Laba per Saham Dasar                                                   Basic Earnings per Share

Laba/rugi per saham dasar Perseroan pada tahun 2025                    The Company's basic earnings per share was US$0.0011
menjadi US$0,0011. Dibandingkan tahun 2024 sebesar                     in 2025. When compared to its basic earnings per share
US$0,0003, terjadi peningkatan sebesar 266,67%.                        of US$0.0003 in 2024, this 2025 number represented
                                                                       an increase of 266.67%.




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              Management Discussion and Analysis        Good Corporate Governance                    Financial Reports




Laporan Posisi Keuangan
Financial Position Statement                                                                          (dalam US$ penuh) | (in full US$)


                                                                  2025                  2024*                       2023*

 Aset Lancar
                                                            945.146.169              263.300.332               652.602.816
 Current Assets
 Aset Tidak Lancar
                                                            798.685.938               817.238.386              267.723.456
 Non-Current Assets
 Jumlah Aset
                                                            1.743.832.107            1.080.538.718             920.326.272
 Total Assets
 Liabilitas Jangka Pendek
                                                             44.213.392               29.238.458                 28.484.101
 Current Liabilities
 Liabilitas Jangka Panjang
                                                            563.681.739               299.119.675              205.205.835
 Long-Term Liabilities
 Jumlah Liabilitas
                                                             607.895.131              328.358.133              233.689.936
 Total Liabilities
 Jumlah Ekuitas
                                                            1.135.936.976             752.180.585              686.636.336
 Total Equity
 Investasi pada Entitas Asosiasi
                                                             150.728.791              143.709.099               139.638.272
 Investment in Associates
 Modal Kerja Bersih
                                                            900.932.777               234.061.874               624.118.715
 Net Working Capital
Catatan | Note:
*) Disajikan kembali
*) Restated



Aset                                                             Assets

Aset Perseroan pada tahun 2025 mencapai US$1.743,8               The Company's assets in 2025 reached US$1,743.8
juta, meningkat 61,39% dibandingkan posisi tahun 2024            million, which marked a 61.39% increase compared to
yang sebesar US$1.080,5 juta. Peningkatan ini terutama           US$1,080.5 million in 2024. This increase was primarily
disebabkan oleh bertambahnya aset lancar dan aset                due to increases in current and non-current assets that
tidak lancar seiring dengan peningkatan aktivitas usaha          were in line with increased business activities and the
serta ekspansi operasional Perseroan selama tahun                Company's operational expansion during the year.
berjalan.

Dari total aset tersebut, porsi aset lancar mencapai             Of these total assets, current assets reached US$945.1
US$945,1 juta, meningkat 258,96% dibandingkan tahun              million, which marked a 258.96% increase compared to
sebelumnya sebesar US$263,3 juta. Peningkatan ini                US$263.3 million in the previous year. This increase was
terutama disebabkan oleh berkurangnya porsi aset                 primarily due to a reduction in the Company's portion
keuangan lainnya dalam kategori tidak lancar, yang               of other financial assets in its non-current category,
sebagian diimbangi oleh peningkatan pada aset                    which was partially offset by an increase in fixed assets
tetap dan properti investasi seiring dengan aktivitas            and investment properties in line with the Company's
operasional Perseroan.                                           operational activities.

Sementara itu, aset tidak lancar Perseroan mencapai              Meanwhile, the Company's non-current assets reached
US$798,7 juta, menurun 2,27% dibandingkan tahun                  US$798.7 million, which marked a 2.27% decrease
sebelumnya yang sebesar US$817,2 juta. Penurunan                 compared to US$817.2 million in the previous year.
ini terutama disebabkan oleh berkurangnya porsi                  This change was primarily due to an increase in fixed
aset keuangan lainnya dalam kategori tidak lancar,               assets, investment properties, and investments in other
yang sebagian diimbangi oleh peningkatan pada aset               financial assets that supported the development and
tetap dan properti investasi seiring dengan aktivitas            expansion of the Company's business activities.
operasional Perseroan.




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Liabilitas                                                             Liabilities

Posisi liabilitas Perseroan pada tahun 2025 mencapai                   The Company's liabilities reached US$607.9 million in
US$607,9 juta, meningkat 85,13% dibandingkan tahun                     2025, which marked an 85.13% increase compared
2024 yang sebesar US$328,4 juta. Peningkatan ini                       to US$328.4 million in 2024. This higher number was
terutama disebabkan oleh peningkatan utang bank                        primarily due to increased bank loans to support
untuk mendukung ekspansi usaha serta peningkatan                       business expansion and increased operational activities.
aktivitas operasional Perseroan.

Porsi liabilitas jangka pendek Perseroan mencapai                      The Company's current liabilities reached US$44.2
US$44,2 juta atau sekitar 7,27% dari total liabilitas.                 million, or approximately 7.27% of total liabilities. This
Dibandingkan tahun sebelumnya sebesar US$29,2                          represented a 51.22% increase compared to US$29.2
terjadi peningkatan 51,22%. Perubahan ini terutama                     million in the previous year. This change was primarily
disebabkan oleh peningkatan uang jaminan pelanggan,                    due to an increase in customer deposits, accounts
utang usaha, biaya yang masih harus dibayar serta                      payable, accrued expenses, and other current liabilities
kewajiban lancar lainnya yang timbul seiring dengan                    arising from increased business activity.
meningkatnya aktivitas usaha.

Sementara itu, liabilitas jangka panjang mencapai                      Meanwhile, long-term liabilities reached US$563.7
US$563,7 juta, dengan porsi sekitar 92,73% dari total                  million, which accounted for approximately 92.73% of
liabilitas. Nilai tersebut meningkat 88,45% dibandingkan               total liabilities. This figure increased 88.45% compared
tahun sebelumnya yang sebesar US$299,1 juta. Kenaikan                  to US$299.1 million from the previous year. This increase
ini terutama disebabkan oleh peningkatan utang bank                    was primarily due to an increase in long-term bank
jangka panjang serta kewajiban pembiayaan lainnya                      loans and other financing obligations used to support
yang digunakan untuk mendukung pengembangan                            the Company's business development.
usaha Perseroan.

Ekuitas                                                                Equity

Total ekuitas Perseroan pada tahun 2025 mencapai                       The Company's total equity reached US$1,135.9 million
US$1.135,9 juta, meningkat 51,02% dibandingkan posisi                  in 2025, which marked a 51.02% increase compared to
tahun 2024 yang sebesar US$752,2 juta. Peningkatan ini                 US$752.2 million in 2024. This increase was primarily
terutama didorong oleh perolehan dana dari penawaran                   driven by proceeds from the Company's initial public
umum perdana saham (IPO) serta akumulasi laba bersih                   offering (IPO) and from accumulated net profit
yang dihasilkan Perseroan selama tahun berjalan, yang                  generated by the Company during the year, which
secara keseluruhan memperkuat struktur permodalan                      overall strengthened the Company's capital structure.
Perseroan.

Pertumbuhan   ekuitas   tersebut   mencerminkan                        This equity growth reflected the Company's improved
peningkatan kinerja keuangan Perseroan serta                           financial performance and a strengthened capital
penguatan struktur permodalan yang mendukung                           structure that supported future business development.
pengembangan usaha di masa mendatang.

Arus Kas                                                               Cash Flow

Arus Kas dari Aktivitas Operasional
Cash Flow from Operating Activities                                                                           (dalam US$ penuh) | (in full US$)


                                                                            2025                  2024**                   2023*

Arus Kas Diperoleh dari Aktivitas Operasi
                                                                         24.305.512              1.028.169             23.840.152
Cash Flow from Operating Activities
Arus Kas Digunakan untuk Aktivitas Investasi
                                                                       (398.504.606)          (523.984.088)          (229.097.555)
Cash Flow Used in Investing Activities
Arus Kas Diperoleh dari Aktivitas Pendanaan
                                                                        664.102.046            113.383.660            795.073.983
Cash Flow from Financing Activities



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            Management Discussion and Analysis                                Good Corporate Governance                   Financial Reports




Arus Kas dari Aktivitas Operasional
Cash Flow from Operating Activities                                                                                        (dalam US$ penuh) | (in full US$)


                                                                                            2025             2024**                     2023*

 Kenaikan (Penurunan) Bersih Kas dan Setara Kas
                                                                                        289.902.952       (409.572.259)            589.816.580
 (Decrease) Net Increase in Cash and Cash Equivalents

 Kas dan Setara Kas Awal Tahun
 Cash and Cash Equivalents at Beginning of the Year                                      180.244.321       589.816.580                      -

 Kas dan Setara Kas Akhir Tahun
                                                                                         470.147.273       180.244.321             589.816.580
 Cash and Cash Equivalents at the End of the Year
Catatan | Note:
*) Sejak pendirian Perseroan (11 bulan hingga Desember 2023)
**) Disajikan kembali
*) Since the Company’s establishment (11 months through December 2023)
**) Restated




Hingga akhir tahun 2025, kas bersih yang diperoleh                                     As of the end of 2025, the Company's net cash
Perseroan untuk aktivitas operasional tercatat sebesar                                 generated for operating activities was US$24.3 million.
US$24,3 juta. Realisasi tersebut meningkat signifikan dari                             This number marked a significant increase from the
kas bersih yang digunakan untuk aktivitas operasional                                  Company's US$1.0 million in net cash used for operating
tahun 2024 sejumlah US$1,0 juta.                                                       activities in 2024.

Peningkatan ini terutama didorong oleh peningkatan                                     This boost was primarily driven by increased receipts
penerimaan dari pelanggan serta pengelolaan                                            from customers and more optimal management of
pembayaran kepada pemasok yang lebih optimal,                                          payments to suppliers, all of which was in line with the
sejalan dengan meningkatnya kegiatan operasional                                       Company's increased operational activities, as reflected
Perseroan sebagaimana tercermin pada kinerja laporan                                   in its income statement.
laba rugi.

Kas bersih yang digunakan untuk aktivitas investasi                                    The Company's net cash used in investing activities for
untuk tahun 2025 tercatat sebesar US$398,5 juta, lebih                                 2025 was recorded at US$398.5 million. This marked
rendah 23,95% dibandingkan tahun 2024 sebesar US$                                      a 23.95% decrease compared to US$524.0 million in
524,0juta. Penurunan penggunaan kas ini terutama                                       2024. This reduction in cash usage was primarily due
disebabkan oleh menurunnya penempatan investasi                                        to a decrease in investments in other financial assets,
pada aset keuangan lainnya, yang diimbangi oleh                                        and was offset by proceeds from the redemption of
penerimaan dari pencairan investasi pada aset keuangan                                 investments in other financial assets and the Company's
lainnya serta pelunasan pinjaman kepada pihak berelasi.                                repayment of loans to related parties. Furthermore, the
Di sisi lain, Perseroan juga mencatatkan peningkatan                                   Company also recorded an increase in payments for its
pembayaran untuk perolehan aset tetap dibandingkan                                     acquisition of fixed assets compared to the previous
periode sebelumnya, sejalan dengan realisasi belanja                                   period. This was in line with its realization of capital
modal untuk mendukung pengembangan usaha.                                              expenditures to support business development.

Sedangkan kas bersih yang diperoleh dari aktivitas                                     Meanwhile, the Company's net cash provided by
pendanaan mencapai US$664,1 juta, meningkat                                            financing activities reached US$664.1 million, which
485,71% dibandingkan tahun 2024 sebesar US$113,4                                       marked a 485.71% increase compared to US$113.4
juta. Peningkatan ini terutama didorong oleh perolehan                                 million in 2024. This increase was primarily driven by
dana dari penawaran umum perdana saham (IPO)                                           proceeds from the Company's initial public offering
serta realisasi penarikan fasilitas pinjaman bank pada                                 (IPO) and its realization of drawdowns of bank loan
periode berjalan, yang mendukung penguatan struktur                                    facilities during the reporting period, which supported
permodalan dan pendanaan ekspansi Perseroan.                                           the strengthening of the Company's capital structure
                                                                                       and its expansion funding.

Seiring dengan perubahan-perubahan tersebut, kas                                       In line with these changes, the Company's end-of-
dan setara kas yang dibukukan Perseroan pada akhir                                     year cash and cash equivalents reached US$470.1
tahun mencapai US$470,1 juta. Dibandingkan dengan                                      million. Compared to the previous year, this number
tahun sebelumnya, terjadi kenaikan sebesar 160,84%.                                    represented an increase of 160.84%.



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Kemampuan Membayar Utang
Ability to Pay Debt




Kemampuan Perseroan dalam memenuhi kewajiban                           The Company's ability to meet its debts is influenced
dipengaruhi oleh likuiditas, yang sumber utamanya                      by its liquidity, the primary sources of which are cash
berasal dari saldo kas, kas yang dihasilkan secara                     balances, cash generated internally from operations,
internal dari operasi, fasilitas pembiayaan dan utang                  financing facilities, and term debts. The Company's
berjangka. Persyaratan modal Perseroan terkait dengan                  capital requirements relate to its working capital
pendanaan modal kerja, belanja modal, dan utang.                       funding, capital expenditures, and debt.

Pada 31 Desember 2025, Perseroan mencatat kas                          As of 31 December 2025, the Company recorded
dan setara kas sebesar US$470,1 dan total pinjaman                     US$470.1 million in cash and cash equivalents and
serta pinjaman bank sebesar US$562,6 juta. Pinjaman                    US$562.6 million in total loans and bank borrowings.
tersebut terdiri dari US$7,9 juta utang bank jangka                    These borrowings consist of US$7.9 million in current
panjang yang jatuh tempo dalam satu tahun dan US$1,2                   maturities of long-term bank loans and US$1.2 million
juta sewa pembiayaan yang jatuh tempo dalam satu                       in current maturities of finance leases, US$550.4
tahun, US$550,4 juta liabilitas jangka panjang dalam                   million in long-term liabilities under long-term bank
utang bank jangka panjang, dan US$3,1 juta liabilitas                  loans, and US$3.1 million in long-term liabilities under
jangka Panjang dalam utang sewa pembiayaan. Liabilitas                 finance leases. These liabilities represent a Debt-to-
ini mewakili rasio Pinjaman terhadap Kapitalisasi sebesar              Capitalization ratio of 33%.
33%.

Tingkat Kolektibilitas Piutang                                         Collectibility of Receivables
Pada tahun 2025, total piutang usaha Perseroan tercatat                In 2025, the Company's total receivable accounts were
US$16,8 juta. Dibandingkan tahun 2024 sebesar US$18                    recorded at US$16.8 million. This represented a 6.77%
juta, terjadi penurunan sebesar 6,77%.                                 decrease compared to US$18 million in 2024.

Sedangkan tingkat pengembalian piutang pada tahun                      Meanwhile, the Company's receivables collection rate
2025 mengalami penurunan yaitu 42 hari dibandingkan                    decreased to 42 days in 2025 compared to 60 days in
dengan 60 hari pada tahun 2024.                                        2024.

Struktur Modal                                                         Capital Structure

Kebijakan Struktur Modal                                               Capital Structure Policy
Pengelolaan struktur modal CDI Group bertujuan                         CDI Group's capital structure management aims to
untuk memastikan keberlangsungan usaha. Selain itu,                    ensure its business continuity. Furthermore, this
pengelolaan tersebut sebagai upaya memaksimalkan                       management aims to maximize returns for stakeholders
imbal hasil bagi para pemangku kepentingan melalui                     by optimizing balance between debt and equity.
optimalisasi saldo utang dan ekuitas.

Oleh karena itu, Perseroan secara aktif dan berkala                    Towards this end, the Company actively and periodically
mengkaji dan mengelola struktur permodalan untuk                       reviews and manages its capital structure to ensure
memastikan kondisi optimal serta imbal hasil bagi                      optimal conditions and returns for Shareholders. In its
Pemegang Saham. Dalam kebijakan ini, Perseroan                         policy, the Company takes the Company's future capital
mempertimbangkan kebutuhan dan efisiensi modal                          needs and efficiency, realized and projected profitability,
Perseroan di masa depan, realisasi dan proyeksi                        operating cash flow, capital expenditure plans, and
profitabilitas, arus kas operasi, rencana belanja modal,                investment opportunities all into consideration.
dan peluang investasi.




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              Management Discussion and Analysis        Good Corporate Governance                      Financial Reports




Struktur Modal                                                                                          (dalam US$ penuh) | (in full US$)
Capital Structure

                                                                            2025                           2024*

 Pinjaman
                                                                        562.621.641                     292.881.971
 Loans
 Jumlah ekuitas
                                                                        1.135.936.976                  752.180.585
 Total equity
 Jumlah kapitalisasi
                                                                        1.698.558.617                  1.045.062.556
 Total capitalization
 Rasio jumlah pinjaman terhadap kapitalisasi
                                                                            33%                              28%
 Total loan-to-capitalization ratio
 Catatan | Note:
 *) Disajikan kembali
 *) Restated




Ikatan Material untuk Investasi Barang                            Material Commitments for Capital Goods
Modal dan Realisasi Investasi                                     Investment and Investment Realization

Perseroan dan entitas anaknya saat ini sedang                     The Company and its subsidiaries are currently
menjalankan beberapa proyek barang modal besar                    undertaking the following major capital goods projects
untuk ekspansinya sebagai berikut:                                for their expansion:

1. Pada tanggal 16 Februari 2024, entitas anak PT                 1.   On 16 February 2024, subsidiary PT Krakatau
   Krakatau Chandra Energi (KCE) menandatangani                        Chandra Energi (KCE) signed a rooftop solar panel
   perjanjian pemasangan dan jasa panel surya atap                     installation and services agreement with PT Chandra
   dengan PT Chandra Asri Pacific Tbk (CAP) untuk                      Asri Pacific (CAP) for the installation and operation
   pemasangan dan pengoperasian sistem panel surya                     of rooftop solar panel systems at three production
   atap di 3 (tiga) fasilitas produksi, yaitu Pabrik PE,               facilities: the PE Factory, the PP Factory, and the SM
   Pabrik PP, dan Pabrik SM yang berlokasi di Cilegon.                 Factory, located in Cilegon. This agreement is valid
   Perjanjian ini berlaku selama 25 tahun sejak tanggal                for 25 years from the date of commercial operations.
   pengoperasian komersial.
2. Pada tanggal 30 Oktober 2025, entitas anak                     2. On 30 October 2025, the Company's subsidiary,
   Perseroan, PT Chandra Warehouse Cilegon (CWC),                    PT Chandra Warehouse Cilegon (CWC), purchased
   melakukan pembelian aset gudang dan tanah di                      warehouse assets and land in the Krakatau I Industrial
   Kawasan Industri Krakatau I, Cilegon, Banten untuk                Estate, Cilegon, Banten for the development of the
   pengembangan bisnis pergudangan dan operasional                   Company's warehousing and operational business.
   Perseroan.                                                     3. On 21 April 2025, the Company acquired 100%
3. Pada 21 April 2025, Perseroan mengakuisisi 100%                   ownership of PT Barito Investa Prima (BIP). This
   kepemilikan saham PT Barito Investa Prima (BIP).                  strategic move was designed to enhance the
   Langkah strategis ini untuk meningkatkan integrasi                Company's value chain integration and strengthen
   rantai nilai, dan memperkuat strategi pertumbuhan                 its long-term sustainable growth strategy.
   berkelanjutan jangka panjang Perseroan.
4. Entitas anak Perseroan, MIM, telah memiliki Perjanjian         4. The Company's subsidiary, MIM, entered into an
   untuk pembelian 2 (dua) unit kapal pengangkut                     agreement with its Seller on 23 January 2025, for
   bahan kimia dengan Penjual pada tanggal 23 Januari                the purchase of 2 (two) chemical carriers. The 2
   2025, dimana 2 (dua) unit kapal pengangkut bahan                  (two) carriers will be built by Usuki Shipyard Co Ltd
   kimia tersebut dibangun oleh Usuki Shipyard Co Ltd                and are targeted to commence operation in 2026.
   yang ditargetkan beroperasi pada tahun 2026.




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                                             Performance Highlights               Management Reports         Company Profile




Sumber Dana yang Digunakan                                             Source of Funds Used
Dalam ikatan material investasi barang modal, Perseroan                The Company prioritizes the use of funds from internal
memprioritaskan penggunaan dana dari kas internal.                     cash when it comes to its material commitments for
Kendati demikian, tidak menutup kemungkinan bagi                       capital goods investments. However, the Company
Perseroan untuk mencari pendanaan yang sesuai                          may seek funding appropriate to its capacity after
dengan kapasitas Perseroan setelah melalui analisis                    conducting adequate financial analysis.
keuangan yang memadai.

Denominasi Mata Uang dan Upaya Mitigasi                                Currency Denominations and Mitigation
                                                                       Measures
Dalam ikatan material tersebut, mata uang yang                         The currency that the Company uses for its material
digunakan terutama dalam denominasi dolar AS.                          commitments is primarily denominated in US Dollars.
Namun, ada juga dalam denominasi mata uang rupiah                      However, some of its used currencies are also
dan mata uang asing lainnya. Untuk transaksi dengan                    denominated in Rupiah and other foreign currencies.
mata uang selain dolar Amerika Serikat, Perseroan telah                For transactions in currencies other than the US Dollar,
memiliki mekanisme untuk memitigasi potensi risiko                     the Company has mechanisms in place to mitigate
yang muncul.                                                           potential risks.

Informasi dan Fakta Material yang Terjadi                              Material Information and Facts Occurring
Setelah Tanggal Pelaporan Akuntan                                      After the Accountant's Reporting Date

Berdasarkan Keputusan Edaran Direksi Perseroan dan                     In accordance with circular resolutions from
Keputusan Edaran Dewan Komisaris Perseroan, yang                       the Company's Board of Directors and Board of
keduanya tertanggal 29 Desember 2025, Perseroan                        Commissioners, both of which were released on 29
memutuskan untuk melakukan pembagian dividen                           December 2025, the Company has chosen to distribute
interim untuk tahun buku 2025 sebesar Rp1,34 per                       Rp1.34 per share in interim dividends for the 2025
saham. Dividen tersebut telah dibayarkan pada tanggal                  financial year. This dividend was paid on 29 January
29 Januari 2026.                                                       2026.

Pada tanggal 5 Februari 2026, Perseroan berkomitmen                    On 5 February 2026, the Company committed to
untuk melakukan pembelian kembali saham sebanyak-                      repurchase up to Rp1,000,000,000,000 in shares. This
banyaknya sebesar Rp1.000.000.000.000. Rencana                         share buyback plan is set to be implemented over a
pembelian kembali saham ini dilakukan dalam jangka                     maximum period of three months, from 6 February
waktu paling lama 3 bulan dari 6 Februari 2026 sampai                  2026, to 5 May 2026.
5 Mei 2026.




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Target, Realisasi, dan Proyeksi
Targets, Realizations, and Projections




Target dan Realisasi                                             Targets and Realizations

Pendapatan                                                       Revenue
Pada tahun 2025, Perseroan membukukan pendapatan                 In 2025, the Company recorded US$148.0 million in Net
bersih sebesar US$148,0 juta, meningkat dibandingkan             Revenue, which marked an increase compared to its
dengan pendapatan bersih pada tahun 2024 yang                    US$102.3 million in net revenue in 2024. This increase
tercatat sebesar US$102,3 juta. Peningkatan ini terutama         was primarily driven by stronger performance in the
didorong oleh kinerja yang lebih kuat pada segmen                energy and logistics segments, along with an increase
energi dan logistik, seiring dengan bertambahnya                 in the number of vessels operating throughout the
jumlah kapal yang beroperasi sepanjang tahun, yang               year, which also supported the Company's increased
turut mendukung peningkatan aktivitas operasional                operational activities.
Perseroan.

Laba (Rugi) Tahun Berjalan                                       Profit (Loss) for the Year
Perseroan mencatat laba bersih sebesar US$127,8                  The Company recorded US$127.8 million in net profit
juta pada akhir tahun buku 2025, meningkat signifikan            as of the end of the 2025 fiscal year. This marked
dibandingkan laba bersih tahun 2024 sebesar US$33,5              a significant increase compared to its net profit of
juta. Peningkatan ini mencerminkan kinerja operasional           US$33.5 million in 2024. This increase reflected the
Perseroan yang semakin solid sepanjang tahun berjalan,           Company's increasingly solid operational performance
sehingga menghasilkan pertumbuhan laba bersih                    throughout the year that resulted in a net profit growth
sebesar 281,69%.                                                 of 281.69%.

Struktur Modal                                                   Capital Structure
CDI Group mengelola struktur modalnya untuk                      CDI Group manages its capital structure to ensure the
memastikan bahwa Perseroan dapat melanjutkan                     Company can continue its business continuity and
kelangsungan usahanya dan mengatasi ketidakpastian               address uncertainties and challenges by optimizing
dan tantangan melalui optimalisasi saldo utang dan               its balance of debt and equity. In line with its financial
ekuitas. Sejalan dengan kebijakan keuangannya,                   policy, the Company has maintained a low gearing ratio.
Perseroan mempertahankan gearing ratio yang rendah.              In 2025, its gearing ratio was at 33%.
Pada tahun 2025, rasio gearing adalah sebesar 33%.

Prospek Usaha                                                    Business Prospects

Perseroan memandang prospek perekonomian tahun                   The Company is of the view that its economic outlook
2026 tetap solid, meskipun masih tetap diwarnai                  for 2026 will remain solid, albeit fraught with global
tantangan global. Dana Moneter Internasional (IMF)               challenges. The International Monetary Fund (IMF)
memproyeksikan pertumbuhan ekonomi global berada                 projects global economic growth to be around 3%, with
di kisaran 3%, dengan Asia tetap menjadi kontributor             Asia remaining the main contributor.
utama.




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Di dalam negeri, Bank Indonesia memperkirakan                           Domestically, Bank Indonesia estimates that Indonesia’s
pertumbuhan ekonomi Indonesia tetap terjaga di                          economic growth will be maintained at around 5%,
kisaran 5%, didorong oleh permintaan domestik, belanja                  driven by domestic demand, infrastructure spending,
infrastruktur, serta aktivitas sektor industri dan logistik.            and activity in the industrial and logistics sectors.
Kondisi tersebut menopang prospek positif bagi sektor                   These conditions support a positive outlook for the
infrastruktur, energi, dan logistik yang dijalankan oleh                infrastructure, energy, and logistics sectors in which
CDI Group.                                                              CDI Group operates.

Peningkatan aktivitas ekonomi di Asia Tenggara juga                     An economic upsurge in Southeast Asia will also lead
akan mendorong peningkatan permintaan terhadap                          to an increase in demand for infrastructure. For the
infrastruktur. Bagi Perseroan, meningkatnya kontribusi                  Company, an increased contribution from new assets
dari aset dan lini bisnis baru (termasuk tangki bitumen                 and business lines (including new bitumen tanks and
dan armada baru, serta kontribusi dari logistik darat dan               fleets, as well as contributions from land logistics
pergudangan) berpotensi mendorong peluang ekspansi                      and warehousing) has the potential to also boost its
usaha.                                                                  business expansion opportunities.

Peluang Perseroan lainnya datang dari Chandra Asri                      Another opportunity for the Company comes from
Group, entitas induk usaha Perseroan yang tengah                        Chandra Asri Group, the Company's parent company,
melakukan ekspansi secara aktif. Hal ini akan mendorong                 which is actively expanding. This will drive increased
peningkatan permintaan terhadap layanan Perseroan.                      demand for the Company's services.

Sebagai respons terhadap prospek usaha Perseroan                        In response to the Company's positive business
yang positif, CDI Group telah menyiapkan sejumlah                       prospects, CDI Group has prepared a number of
inisiatif strategi, yang antara lain mencakup:                          strategic initiatives, including the following:
1. Optimalisasi utilisasi aset dan integrasi operasional.               1. Optimizing asset utilization and operational
                                                                            integration.
2. Eksekusi proyek-proyek strategis dan efisiensi biaya.                2. Executing strategic projects and achieving cost
                                                                            efficiency.
3. Penguatan struktur pendanaan dan manajemen                           3. Strengthening its funding structure and risk
   risiko.                                                                  management.
4. Peningkatan kualitas layanan kepada pelanggan dan                    4. Improving its quality of service to customers and
   mitra bisnis.                                                            business partners.




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Aspek Pemasaran
Marketing Aspects




Strategi Pemasaran                                                Marketing Strategy

Perseroan menerapkan strategi pemasaran yang                      The Company implements a marketing strategy focused
berfokus pada penguatan kemitraan jangka panjang                  on strengthening long-term partnerships with existing
dengan pelanggan existing, sekaligus memperluas basis             customers while expanding its customer base. With
pelanggan. Dengan portofolio layanan yang mencakup                a service portfolio spanning energy, water, ports and
energi, air, kepelabuhanan dan penyimpanan, serta                 storage, and logistics, the Company provides integrated
logistik, Perseroan menyediakan solusi infrastruktur yang         infrastructure solutions to support smooth, efficient
terintegrasi guna mendukung kelancaran operasional                and reliable operations for its customers.
pelanggan secara efisien dan andal.

Dalam mempertahankan pelanggan existing, Perseroan                To retain its existing customers, the Company prioritizes
mengedepankan keandalan operasional, kualitas layanan,            operational reliability, service quality, and ongoing
serta komunikasi yang berkelanjutan guna memahami                 communication to understand its evolving customer
kebutuhan pelanggan yang terus berkembang.                        needs. Service quality is also improved through synergy
Peningkatan kualitas layanan juga dilakukan melalui               between operations, business development, and
sinergi antara fungsi operasional, pengembangan bisnis,           customer service functions, as well as the use of digital
dan layanan pelanggan, serta pemanfaatan teknologi                technology to enhance operational efficiency, service
digital untuk meningkatkan efisiensi operasional,                 transparency, and responsiveness to customer needs.
transparansi layanan, dan kecepatan respons terhadap
kebutuhan pelanggan.

Sejalan dengan upaya memperluas pangsa pasar,                     In line with its efforts to expand its market share,
Perseroan secara aktif mengidentifikasi peluang bisnis            the Company has actively identified new business
baru melalui riset pasar serta menjalin kemitraan                 opportunities through market research and strategic
strategis. Perseroan juga berpartisipasi dalam berbagai           partnerships. The Company has also participated in
forum industri dan kegiatan bisnis guna memperluas                various industry forums and business activities to
jaringan serta memperkuat posisi Perseroan sebagai                expand its network and strengthen its position as a
penyedia solusi infrastruktur industri yang terintegrasi.         provider of integrated industrial infrastructure solutions.

Pangsa Pasar                                                      Market Share
Segmen usaha ketenagalistrikan Perseroan memiliki                 The Company's electricity business segment is
posisi strategis dengan cakupan layanan utama di                  strategically positioned. Its primary service coverage
Kawasan Industri Krakatau seluas 2.666 hektar. Dengan             is in the Krakatau Industrial Estate, covering 2,666
fokus pada kawasan industri terintegrasi, Perseroan               hectares. By focusing on integrated industrial areas,
memiliki basis pelanggan yang terkonsentrasi dan                  the Company has a concentrated and stable customer
stabil, sehingga memperkuat peran Perseroan                       base. This allows it to strengthen its role as a reliable
sebagai penyedia tenaga listrik yang andal di wilayah             electricity provider in its operational areas.
operasionalnya.

Fasilitas Kepelabuhanan & Penyimpanan Perseroan                   The Company's Port & Storage facility, located in
yang berlokasi di Desa Mangunreja, Kabupaten Serang,              Mangunreja Village, Serang Regency, Banten, focuses on
Banten, berfokus pada penanganan curah cair dan                   handling liquid bulk and serves its primary market share
melayani pangsa pasar utama produk hasil kilang                   of refined oil products, chemicals, and petrochemicals.
minyak, bahan kimia, dan petrokimia.




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Sementara itu, pada segmen Logistik, Perseroan                         Meanwhile, in the Logistics segment, the Company
memiliki jangkauan pasar regional yang luas meliputi                   has extensive regional market reach, encompassing
Asia Tenggara (Singapura, Malaysia, Thailand, Vietnam,                 Southeast Asia (Singapore, Malaysia, Thailand, Vietnam,
Brunei Darussalam, Kamboja, Filipina, dan Indonesia),                  Brunei Darussalam, Cambodia, the Philippines, and
serta Asia Timur dan Asia Timur Laut (Korea Selatan,                   Indonesia), East and Northeast Asia (South Korea,
Jepang, dan Tiongkok), dan India. Cakupan geografis                    Japan, and China), and India. This geographic
tersebut mencerminkan daya saing dan kapabilitas                       coverage reflects the Company's competitiveness and
Perseroan dalam melayani kebutuhan logistik lintas                     capability in serving cross-border logistics needs while
negara, sekaligus memperluas basis pelanggan.                          simultaneously expanding its customer base.

Dividen                                                                Dividends

Kebijakan Dividen                                                      Dividend Policy
Kebijakan dividen Perseroan, antara lain mengacu pada                  The Company's dividend policy uses its Articles of
Anggaran Dasar dan Undang-Undang No. 40 Tahun                          Association and Law No. 40 of 2007 concerning Limited
2007 tentang Perseroan Terbatas. Di antara ketentuan                   Liability Companies as references (among other things).
tersebut, para pemegang saham baru yang berasal dari                   On the basis of these provisions, new shareholders
Penawaran Umum ini mempunyai hak yang sama dan                         resulting from its Public Offering have the same rights
sederajat dalam segala hal dengan pemegang saham                       and are equal in all respects with the Company's
lama Perseroan termasuk hak atas pembagian dividen.                    existing shareholders, including the right to dividend
                                                                       distributions.

Kebijakan dividen Perseroan adalah membayar dividen                    The Company's dividend policy is to pay dividends
kepada para pemegang saham sebanyak-banyaknya                          to its shareholders for up to 40% of the Company's
sebesar 40% dari laba bersih Perseroan. Pembagian                      net profit. Dividend distribution will be based on the
dividen akan menuruti arus kas dan rencana investasi                   Company's cash flow and investment plans, as well as
Perseroan, serta persyaratan yang dibebankan                           the requirements imposed by the Company's debt,
oleh utang Perseroan, pembatasan peraturan dan                         regulatory restrictions, and other requirements.
persyaratan lainnya.

Berdasarkan hukum di Indonesia, keputusan terkait                      Under Indonesian law, dividend decisions are made
dividen dibuat berdasarkan keputusan pemegang                          based on shareholder resolutions at the Annual General
saham dalam RUPS Tahunan atas rekomendasi Direksi.                     Meeting of Shareholders upon the recommendation of
Perseroan dapat membagikan dividen setiap tahun                        the Board of Directors. The Company may distribute
apabila Perseroan memiliki saldo laba yang positif dan                 dividends annually, provided that it has a positive
setelah dikurangi dengan dana cadangan.                                retained earnings balance after allocating for reserve
                                                                       funds.

Rekomendasi, jumlah, dan pembayaran dividen oleh                       The recommendation, amount, and payment of
Direksi Perseroan dan persetujuan dividen oleh Dewan                   dividends by the Company's Board of Directors and
Komisaris Perseroan merupakan kebijakan Direksi                        the approval of dividends by the Company's Board of
Perseroan dan akan bergantung pada sejumlah faktor                     Commissioners are at the discretion of the Company's
termasuk laba bersih Perseroan, ketersediaan cadangan                  Board of Directors, and will additionally depend on
wajib, kebutuhan belanja modal, hasil operasional                      a number of factors, including the Company's net
bisnis, dan arus kas. Hal-hal tersebut, pada akhirnya,                 profit, the availability of statutory reserves, capital
bergantung pada berbagai faktor termasuk keberhasilan                  expenditure requirements, business operating results,
pelaksanaan strategi bisnis Perseroan, pertimbangan                    and cash flow. These factors, in turn, depend on various
keuangan, persaingan dan peraturan, kondisi ekonomi                    factors, including the successful implementation of the
secara umum dan faktor-faktor lain yang mungkin                        Company's business strategy, financial considerations,
spesifik untuk Perseroan dan industri. Banyak dari                     competition and regulations, general economic
faktor-faktor ini berada di luar kendali Perseroan.                    conditions, and other factors that may be specific to
                                                                       the Company and the industry. Many of these factors
                                                                       are beyond the Company's control.




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          Management Discussion and Analysis                               Good Corporate Governance                     Financial Reports




Sebelum tutup buku keuangan di akhir tahun, dividen                                 Prior to the financial year-end, the Company may
interim dapat dibagikan sepanjang diperbolehkan                                     distribute interim dividends, provided that such
oleh Anggaran Dasar Perseroan dan dengan syarat                                     distribution is permitted under the Company’s Articles
dividen interim tersebut tidak mengakibatkan kekayaan                               of Association and does not result in the Company’s net
bersih Perseroan menjadi lebih kecil dari jumlah                                    assets falling below the sum of its issued and paid-up
modal yang ditempatkan dan disetor serta cadangan                                   capital and statutory reserves. The distribution of such
wajib. Pembagian dividen interim tersebut ditetapkan                                interim dividends is determined by the Board of Directors
oleh Direksi setelah terlebih dahulu mendapatkan                                    after prior approval from the Board of Commissioners.
persetujuan dari Dewan Komisaris. Apabila setelah                                   If, after the end of the relevant financial year, the
berakhirnya tahun buku yang bersangkutan, Perseroan                                 Company experiences a loss, the interim dividends
mengalami kerugian, maka dividen interim yang telah                                 distributed must be returned by the shareholders to
dibagikan tersebut wajib dikembalikan oleh pemegang                                 the Company, and the Board of Directors and the Board
saham kepada Perseroan, dan Direksi serta Dewan                                     of Commissioners shall be jointly and severely liable if
Komisaris bertanggung jawab secara bersama-sama                                     such interim dividends are not returned.
apabila dividen interim tersebut tidak dikembalikan.

Sepanjang keputusan untuk membagikan dividen telah                                  Provided that the decision to distribute dividends has
diambil, dividen akan dibayarkan dalam mata uang                                    been made, dividends will be paid in Indonesian Rupiah.
rupiah. Para pemegang saham pada tanggal pencatatan                                 Shareholders as of the applicable record date will be
yang berlaku akan berhak atas jumlah penuh dividen                                  entitled to the full amount of the approved dividends,
yang disetujui, tunduk pada pemotongan pajak yang                                   subject to any withholding tax applicable in Indonesia.
dikenakan di Indonesia. Dividen yang diterima oleh                                  Dividends received by shareholders who are not
pemegang saham yang bukan warga negara Indonesia                                    Indonesian citizens will be subject to a 20% withholding
akan dikenakan pemotongan pajak sebesar 20%.                                        tax.


Realisasi Dividen
Dividend Actualization

                                                                                                                      Dividen per Lembar
  Tahun                                                                                      Dividen Kas yang         Saham (US$/lembar
   Buku           Tanggal Pengumuman                     Tanggal Pembayaran                  Dibagikan (US$)                saham)
  Fiscal           Announcement Date                        Payment Date                      Cash Dividends          Dividends per Share
   Year                                                                                      Distributed (US$)            (US$/share)

               30 Desember 2025                        29 Januari 2026
 2025                                                                                            10.000.000                     0,0001
               30 December 2025                        29 January 2026
               21 Maret 2025                           8 April 2025
 2024                                                                                            20.000.000                    0,0002*
               21 March 2025                           8 April 2025
* telah disesuaikan dengan pemecahan nilai nominal saham pada tahun 2025
* has been adjusted for the stock split in 2025




Realisasi Penggunaan Dana Hasil Penawaran                                           Use of Proceeds from Public Offerings
Umum

Pada tanggal 9 Juli 2025, Perseroan telah melakukan                                 On 9 July 2025, the Company conducted an initial
penawaran umum perdana saham Perseroan kepada                                       public offering of its shares to the public. Details of the
publik. Rincian penggunaan dana hasil penawaran umum                                use of proceeds from the offering up to the end of the
tersebut hingga akhir tahun buku 2025 diuraikan dalam                               2025 fiscal year are outlined in the table below.
tabel di bawah ini.




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                                                                                                               (dalam Rp penuh) | (in full Rp)


                    Jenis Penggunaan Dana                         Rencana                  Realisasi             Sisa Dana
 No.                 Type of Proceeds Used                        Planned                 Actualization        Remaining Funds

         Penyetoran Modal kepada Perusahaan
         Anak Perseroan, yaitu PT Chandra
         Shipping International (CSI) dan PT
         Marina Indah Maritim (MIM).
   1                                                      871.758.125.000             634.378.123.560      237.380.001.440
         Capital Payment to the Company's
         Subsidiaries, specifically, PT Chandra
         Shipping International (CSI) and PT
         Marina Indah Maritim (MIM).
         Penyetoran Modal kepada Perusahaan
         Anak Perseroan, yaitu PT Chandra
         Samudera Port (CSP).
  2                                                       1.480.578.900.000           571.795.170.217      908.783.729.783
         Capital Payment to the Company's
         Subsidiary, specifically, PT Chandra
         Samudera Port (CSP).


Informasi    Material    Terkait    dengan                            Material Information Related to Investment,
Investasi, Ekspansi, Divestasi, Akuisisi dan                          Expansion, Divestment, Acquisition, and
Restrukturisasi Utang/Modal                                           Debt/Capital Restructuring

Investasi                                                             Investment
Perseroan melalui entitas anak PT Marina Indah Maritim                The Company, through its subsidiary, PT Marina Indah
(MIM) resmi meluncurkan Boreas dan Novah, kapal                       Maritim (MIM), officially launched Boreas and Novah,
logistik kimia cair terbaru berkapasitas 9.000 DWT                    its newest 9,000 DWT liquid chemical logistics vessel,
yang dibangun di Usuki Shipyard, Jepang. Novah akan                   built at Usuki Shipyard, Japan. Novah is designed to
meningkatkan efisiensi logistik dan konektivitas regional             improve logistics efficiency and regional connectivity
di seluruh Asia Tenggara.                                             throughout Southeast Asia.

Perseroan terus meningkatkan kapabilitas operasional                  The Company continued to enhance its operational
di bidang logistik maritim melalui penambahan 2 (dua)                 capabilities in maritime logistics by acquiring two
chemical vessel berkapasitas masing-masing 9.000                      chemical vessels, each with a capacity of 9,000
DWT. Kapal yang dibuat di Jepang tersebut dirancang                   DWT. These Japanese-built vessels were specifically
khusus mendukung pengangkutan bahan kimia di jalur                    designed to support the transportation of chemicals on
pelayaran domestik dan internasional.                                 domestic and international shipping routes.

Di sisi logistik darat, Perseroan melalui PT SCG Barito               On the land logistics side, the Company expanded
Logistics (SBL, entitas anak PT Chandra Investa                       its land logistics operations by adding 50 new trucks
Prima), memperluas operasi logistik daratnya melalui                  through PT SCG Barito Logistics (SBL, a subsidiary of
penambahan 50 truk baru. Ekspansi operasional untuk                   PT Chandra Investa Prima). This operational expansion
meningkatkan kapasitasnya melayani kargo umum dan                     boosted the Company's capacity to serve general cargo
meningkatkan keandalan pengiriman.                                    and enhance delivery reliability.

Perseroan melalui entitas anak PT Redeco Petrolin Utama               The Company, through its subsidiary, PT Redeco
(RPU) membangun fasilitas tangki bitumen berkapasitas                 Petrolin Utama (RPU), has built a bitumen tank facility
total 12.000 m³. Langkah ini menjadi bagian dari upaya                with a total capacity of 12,000 m³. This step forms part
CDI Group menghadirkan infrastruktur industri yang                    of CDI Group’s efforts to provide integrated industrial
terintegrasi dan mendukung kebutuhan penyimpanan                      infrastructure and support the storage and distribution
serta distribusi bitumen di Indonesia.                                of bitumen in Indonesia.

Perseroan melalui entitas anak PT Krakatau Chandra                    The Company, through its subsidiary, PT Krakatau
Energi (KCE), memperkuat bisnis energi terbarukan                     Chandra Energi (KCE), has strengthened its renewable
dengan menambah kapasitas 4,7 MWp dari Pembangkit                     energy business by adding 4.7 MWp of capacity from its
Listrik Tenaga Surya (PLTS) di Cilegon, Banten, sehingga              Solar Power Plant (PLTS) in Cilegon, Banten, bringing CDI
total portofolio terpasang CDI Group mencapai 11                      Group's total installed portfolio to 11 MWp by November
MWp pada November 2025.                                               2025.


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          Management Discussion and Analysis           Good Corporate Governance                     Financial Reports




Ekspansi                                                         Expansion
Perseroan meluncurkan lini bisnis cold chain melalui             The Company launched a cold chain business line
PT Chandra Cold Chain dengan fasilitas seluas sekitar            through PT Chandra Cold Chain, with a facility sized
950 m² dan kapasitas hingga 700 pallet position.                 at approximately 950 m² and with a capacity of up
Pengembangan ini memperluas portofolio layanan pada              to 700 pallet positions. This development expanded
segmen logistik suhu terkendali serta memperkuat                 the Company's service portfolio in the temperature
platform logistik terintegrasi Perseroan.                        controlled logistics segment and strengthened its
                                                                 integrated logistics platform.

Pada tanggal 30 Oktober 2025, entitas anak Perseroan,            On 30 October 2025, the Company's subsidiary,
PT Chandra Warehouse Cilegon (CWC), melakukan                    PT Chandra Warehouse Cilegon (CWC), purchased
pembelian aset gudang dan tanah di Kawasan Industri              warehouse assets and land in the Krakatau I Industrial
Krakatau I, Cilegon, Banten untuk pengembangan bisnis            Estate, Cilegon, Banten, for the development of the
pergudangan dan operasional Perseroan.                           Company's warehousing and operational business.

Divestasi                                                        Divestment
Perseroan tidak melakukan divestasi pada tahun 2025.             The Company did not undergo any divestment in 2025.

Akuisisi                                                         Acquisition
Pada 21 April 2025, Perseroan mengakuisisi 100%                  On 21 April 2025, the Company acquired 100% of shares
kepemilikan saham PT Barito Investa Prima (BIP). Langkah         from PT Barito Investa Prima (BIP). This strategic move
strategis ini untuk meningkatkan integrasi rantai nilai,         was aimed at enhancing value chain integration and
dan memperkuat strategi pertumbuhan berkelanjutan                strengthen the Company's long-term sustainable growth
jangka panjang Perseroan. Selain itu, sejalan dengan             strategy. Furthermore, in line with its strengthening of
penguatan infrastruktur dan integrasi rantai nilai               infrastructure and value chain integration, the Company
tersebut, Perseroan juga meningkatkan kepemilikan                has also increased its shareholding in PT Chandra
saham pada PT Chandra Shipping International dan PT              Shipping International and PT Marina Indah Maritim
Marina Indah Maritim dari semula 49% menjadi 99,99%.             from 49% to 99.99%. This increased ownership is meant
Peningkatan kepemilikan ini memperkuat kendali dan               to strengthen the Company's operational control and
fleksibilitas operasional Perseroan dalam mengelola              flexibility in managing maritime logistics services in a
layanan logistik maritim secara lebih terintegrasi,              more integrated manner, all while supporting distribution
sekaligus mendukung optimalisasi jaringan distribusi             network optimization and overall operational efficiency.
dan efisiensi operasional secara keseluruhan.

Restrukturisasi Utang/Modal                                      Debt/Capital Restructuring
Pada tanggal 30 Juni 2025, Perseroan memperoleh                  On 30 June 2025, the Company received effective
pemberitahuan efektif pernyataan pendaftaran dari                notification from the Board of Commissioners of
Dewan Komisioner Otoritas Jasa Keuangan (“OJK”)                  the Financial Services Authority ("OJK") for its
melalui surat No. S-73/D.04/2025 untuk melakukan                 registration statement. This was done through letter
Penawaran Umum Perdana Saham Perseroan sebanyak                  No. S-73/D.04/2025. Through it, the Company could
12.482.937.500 lembar saham dengan harga nominal                 an Initial Public Offering of 12,482,937,500 shares at a
sebesar Rp100 per lembar saham. Pada tanggal 9 Juli              nominal price of Rp100 per share. On 9 July, 2025, these
2025, saham tersebut telah dicatatkan pada Bursa Efek            shares were listed on the Indonesia Stock Exchange.
Indonesia.

Transaksi Material yang Mengandung                               Material Transactions Containing Conflicts
Benturan Kepentingan atau dengan Pihak                           of Interest with Affiliated Parties
Afiliasi

Kebijakan                                                        Policy
Pelaksanaan transaksi dengan pihak berelasi, antara              The Company's policy when it comes to transactions
lain mengacu pada Peraturan Otoritas Jasa Keuangan               with related parties uses Financial Services Authority
(OJK) No. 42/POJK.04/2020 tentang Transaksi Afiliasi             (OJK) Regulation No. 42/POJK.04/2020 concerning
dan Transaksi Benturan Kepentingan (POJK 42/2020).               Affiliated Transactions and Conflict of Interest
                                                                 Transactions (POJK 42/2020) as a reference (among
                                                                 other things).



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Peraturan tersebut menjelaskan bahwa transaksi afiliasi                The regulation explains that an affiliated transaction is
adalah setiap aktivitas dan/atau transaksi yang dilakukan              defined as any activity and/or transaction conducted
oleh perusahaan terbuka atau perusahaan terkendali                     by a public company or controlled company with an
dengan afiliasi dari anggota Direksi, anggota Dewan                    affiliate of a member of the Board of Directors, Board
Komisaris, pemegang saham utama, atau pengendali.                      of Commissioners, a major shareholder, or a controller.
Termasuk, setiap aktivitas dan/atau transaksi yang                     This includes any activity and/or transaction conducted
dilakukan oleh perusahaan terbuka atau perusahaan                      by a public company or controlled company for the
terkendali untuk kepentingan afiliasi dari perusahaan                  benefit of an affiliate of the public company or an
terbuka atau afiliasi dari anggota Direksi, anggota Dewan              affiliate of a member of the Board of Directors, Board of
Komisaris, pemegang saham utama, atau pengendali.                      Commissioners, major shareholder, or controller.

Sedangkan benturan kepentingan adalah perbedaan                        A conflict of interest, meanwhile, is a difference
antara kepentingan ekonomis perusahaan terbuka                         between the economic interests of a public company
dengan kepentingan ekonomi pribadi anggota Direksi,                    and the personal economic interests of a member of
Dewan Komisaris, pemegang saham utama, atau                            the Board of Directors, Board of Commissioners, major
pengendali yang dapat merugikan perusahaan terbuka                     shareholder, or controller that could be detrimental to
dimaksud.                                                              the public company in question.

Realisasi Transaksi                                                    Transaction Realization
Pada tahun 2025, Perseroan melakukan transaksi                         The Company entered into the following transactions
dengan pihak-pihak berelasi, yakni sebagai berikut:                    with affiliated parties throughout 2025:
1. Perseroan menyediakan imbalan kerja untuk anggota                   1. The Company provided employee benefits members
   Dewan Komisaris dan Direksi yang terdiri dari gaji                     of the Board of Commissioners and Board of
   dan bonus serta tunjangan lain khusus Direksi.                         Directors, consisting of salaries and bonuses, as
                                                                          well as other allowances specifically for the Board
                                                                          of Directors.
2. Perseroan menyewa ruangan kantor dan lahan parkir                   2. The Company leased office space and parking space
   dari PT Griya Idola (GI).                                              from PT Griya Idola (GI).
3. Penjualan kepada pihak berelasi, sebesar 15,71% dari                3. Sales to affiliated parties accounted to 15.71%
   jumlah pendapatan untuk periode yang berakhir 31                       of total revenue for the period that ended on 31
   Desember 2025. Piutang usaha dari pihak berelasi                       December 2025. Accounts receivable from affiliated
   sebesar 0,04% dari total aset pada 31 Desember                         parties represented to 0.04% of total assets as of 31
   2025.                                                                  December 2025.
4. Utang usaha dari pihak berelasi sebesar 0,13% dari                  4. Accounts payable from affiliated parties represented
   total liabilitas pada 31 Desember 2025.                                to 0.13% of total liabilities as of 31 December 2025.
5. Perseroan melalui entitas anak, CWC, mengadakan                     5. The Company, through its subsidiary, CWC, entered
   perjanjian untuk sewa menyewa gudang.                                  into a warehouse lease agreement.
6. SRI, PPP dan CWC menandatangani perjanjian novasi                   6. SRI, PPP, and CWC signed a novation agreement for
   atas perjanjian sewa menyewa Gudang No. 001/                           Warehouse Lease Agreement No. 001/LCO-DOC/
   LCO-DOC/CWC/X/2025 pada tanggal 30 Oktober                             CWC/X/2025 on 30 October 2025, under which PPP
   2025, di mana PPP akan menovasikan semua hak,                          will novate all of PPP's rights, obligations, guarantees,
   kewajiban, jaminan dan kepentingan PPP terkait                         and interests related to the warehouse lease to
   sewa gudang kepada CWC.                                                CWC.
7. KCE melakukan perjanjian jual beli tanah berdasarkan                7. KCE entered into a land sale and purchase agreement
   Perjanjian Pengikatan Jual Beli (“PPJB”) No. 6 tanggal                 based on Sales and Purchase Agreement ("PPJB")
   29 September 2023 dengan CAA. Jual beli ini                            No. 6 dated 29 September 2023, with CAA. The
   diselesaikan selama tahun yang berakhir pada 31                        transaction was completed during the year ended
   Desember 2025.                                                         31 December 2025.
8. Pada tahun 2024, Perseroan menandatangani                           8. In 2024, the Company entered into a conditional
   perjanjian pinjaman bersyarat dengan BPN yang                          loan agreement with BPN, which was recognized as
   akan diperhitungkan sebagai piutang pinjaman                           a loan receivable with an interest rate of 3-month
   dengan tingkat suku bunga sebesar JIBOR 3 bulan                        JIBOR plus an additional margin. On 1 October 2025,
   + persentase tertentu. Pada tanggal 1 Oktober 2025,                    BPN fully repaid the loan.
   BPN telah melunasi pinjaman kepada perseroan.




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Informasi Kewajaran Transaksi                                    Transaction Fairness Information
Transaksi CDI Group dengan pihak berelasi dilakukan              CDI Group's transactions with related parties are
secara wajar, yakni sebagaimana transaksi dengan                 conducted on an arm's length basis, consistent with
pihak lain. Perseroan selalu mempertimbangkan dan                transactions entered into with third parties. The
memenuhi seluruh persyaratan peraturan perundang-                Company complies with all applicable statutory
undangan sebelum melakukan transaksi dengan pihak                and regulatory requirements and takes these into
terkait/afiliasi, antara lain sesuai dengan ketentuan yang       consideration prior to entering into transactions
tercantum dalam POJK 42/2020.                                    with related or affiliated parties, and also does so in
                                                                 accordance with provisions stipulated in Financial
                                                                 Services Authority Regulation (POJK) No. 42 of 2020.

Dengan demikian, Perseroan dapat memastikan bahwa                As a result, the Company ensures that transactions
transaksi yang dilakukan dengan pihak berelasi atau              with related or affiliated parties are conducted on an
afiliasi merupakan transaksi yang wajar.                         arm’s length basis.

Informasi Pemenuhan Peraturan                                    Regulatory Compliance Information
Seluruh transaksi dengan pihak berelasi atau terafiliasi         All transactions with related or affiliated parties
yang dilakukan oleh Perseroan telah memenuhi                     conducted by the Company comply with applicable
peraturan     perundang-undangan      yang     berlaku.          laws and regulations. The Company also has its own
Bahkan, Perseroan juga telah memiliki “Pedoman                   "Affiliated Transaction Implementation Guidelines"
Pelaksanaan Transaksi Afiliasi” yang menjadi acuan               which serve as a reference for conducting transactions
dalam melaksanakan transaksi Perseroan dengan pihak              with related or affiliated parties.
berelasi atau terafiliasi.
Pedoman tersebut mengacu pada sejumlah ketentuan,                These guidelines uses a number of provisions as
antara lain:                                                     references, including the following:
1. Undang-Undang Republik Indonesia No. 8 tahun                  1. Law of the Republic of Indonesia No. 8 of 1995
   1995 tentang Pasar Modal;                                         concerning Capital Markets;
2. Peraturan Otoritas Jasa Keuangan Republik Indonesia           2. Financial Services Authority Regulation No. 9/
   No. 9/POJK.04/2018 tentang Pengambilalihan                        POJK.04/2018 concerning Takeovers of Public
   Perusahaan Terbuka;                                               Companies;
3. Peraturan Otoritas Jasa Keuangan Republik Indonesia           3. Financial Services Authority Regulation No. 17/
   No. 17/POJK.04/2020 tentang Transaksi Material dan                POJK.04/2020 concerning Material Transactions
   Perubahan Kegiatan Usaha;                                         and Changes in Business Activities;
4. POJK 42/2020 tentang Transaksi Afiliasi dan                   4. Financial Services Authority Regulation No. 42/2020
   Transaksi Benturan Kepentingan; dan                               concerning Affiliated Party Transactions and Conflict
                                                                     of Interest Transactions; and
5. Anggaran Dasar Perseroan.                                     5. The Company's Articles of Association.

Dengan demikian, transaksi Perseroan pada tahun 2025             As such, the Company's transactions in 2025 have all
telah memenuhi seluruh ketentuan yang berlaku dan                complied with all applicable provisions and have not
tidak terdapat pelanggaran atas peraturan perundang-             violate any laws and regulations related to transactions
undangan terkait dengan transaksi dengan pihak                   with related parties/affiliates. Furthermore, the
berelasi/afiliasi. Selain itu tidak terdapat transaksi yang      Company did not have any transactions containing
mengandung benturan kepentingan.                                 conflicts of interest.

Pernyataan Direksi bahwa Transaksi telah Memenuhi                Statement of the Board of Directors that
Prosedur Memadai dan Sesuai Praktik Bisnis yang                  Transactions Have Complied with Adequate
Berlaku Umum                                                     Procedures and Conform to Generally Accepted
                                                                 Business Practices
Direksi memandang bahwa transaksi yang dilakukan                 The Board of Directors is of the opinion that the
Perseroan dengan pihak berelasi/afiliasi telah memenuhi          Company's transactions with related parties/affiliates
prosedur memadai serta sesuai dengan praktik bisnis              have complied with adequate procedures and are




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yang berlaku umum. Seluruh transaksi pada tahun                        in accordance with generally accepted business
2025 dilakukan dengan memperhatikan praktik bisnis                     practices. All transactions in 2025 were conducted with
yang berlaku umum dan prinsip arm’s length (prinsip                    due regard to generally accepted business practices
transaksi yang wajar).                                                 and the arm's length principle.

Transaksi tersebut antara lain sejalan dengan POJK                     All such transactions were conducted in accordance
42/2020 yang menyatakan bahwa perusahaan publik                        with Financial Services Authority Regulation No.
yang melakukan transaksi afiliasi wajib memiliki                       42/2020, which requires public companies engaging
prosedur yang memadai untuk memastikan transaksi                       in affiliated transactions to have adequate procedures
afiliasi dilakukan sesuai dengan praktik bisnis yang                   in place to ensure that such transactions are carried
berlaku umum.                                                          out in accordance with generally accepted business
                                                                       practices.

Peran Dewan Komisaris dan Komite Audit untuk                           The Role of the Board of Commissioners and the
Memastikan Transaksi Dilakukan sesuai Praktik                          Audit Committee in Ensuring Transactions are
Bisnis yang Berlaku Umum                                               Conducted in Accordance with Generally Accepted
                                                                       Business Practices
Berdasarkan hasil telah yang dilakukan oleh Dewan                      Based on the results of the Board of Commissioners
Komisaris dan Komite Audit, transaksi yang dilakukan                   and the Audit Committee, the Company's transactions
oleh Perseroan dengan pihak terafiliasi/berelasi di tahun              with affiliated/related parties in 2025 were conducted
2025 dilakukan dengan melalui prosedur yang memadai.                   in accordance with adequate procedures. Furthermore,
Selain itu, transaksi dilakukan sesuai dengan praktik                  the transactions were conducted in accordance with
bisnis yang berlaku umum, khususnya memenuhi prinsip                   generally accepted business practices, particularly in
transaksi yang wajar (arm’s length principle).                         accordance with the arm's length principle.

Halaman Rujukan dalam Laporan Keuangan                                 Reference Pages in Financial Statements
Informasi terkait dengan transaksi dengan pihak                        More detailed information regarding the Company’s
berelasi/terafiliasi yang lebih rinci termuat dalam                    transactions with related or affiliated parties is set out
Laporan Keuangan yang telah diaudit dan terdapat                       in its audited financial statements, which are included in
dalam Laporan Tahunan ini, yaitu pada bagian catatan                   this Annual Report, specifically in the appendix.
31.

Perubahan Peraturan Perundang-                                         Changes in Laws and Regulations
Undangan
Pada tahun buku 2025, tidak ada peraturan perundang-                   Throughout the 2025 financial year, there were no
undangan yang berpengaruh signifikan terhadap CDI                      laws and regulations that significantly impacted the
Group. Dengan demikian, rincian informasinya tidak                     CDI Group. As such, detailed information on this topic
dapat diuraikan.                                                       cannot be provided.

Perubahan Kebijakan Akuntansi                           yang           Changes in Accounting Policies Applied in
Diterapkan pada Tahun Buku                                             the Fiscal Year

Pada tahun buku 2025, CDI Group telah menerapkan                       In the 2025 financial year, the CDI Group implemented
sejumlah penyesuaian PSAK yang relevan, penerapan                      a number of relevant Statement of Financial Accounting
atas PSAK baru/revisi tidak mengakibatkan perubahan                    Standards (PSAK) adjustments. The adoption of these
atas kebijakan akuntansi Grup dan tidak memiliki                       new/revised standards did not result in changes to
dampak signifikan dan material terhadap jumlah yang                    the Group's accounting policies and did not have a
dilaporkan dalam laporan keuangan konsolidasian.                       significant and material impact on the amounts reported
                                                                       in its consolidated financial statements.

Informasi Perubahan Kebijakan Akuntansi                                Information on Changes in Accounting Policies
Dalam periode berjalan, Grup telah menerapkan                          In the current period, the Group implemented a
sejumlah amandemen atau penyesuaian PSAK yang                          number of amendments or adjustments to Statement
relevan dengan operasinya dan efektif untuk periode                    of Financial Accounting Standards that were relevant
akuntansi yang dimulai pada atau setelah 1 Januari 2025.               to its operations and became effective for accounting
                                                                       periods beginning on or after 1 January 2025.



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Alasan Perubahan                                           Reasons for Changes
Pada tahun 2025, Dewan Standar Akuntansi Keuangan          In 2025, the Financial Accounting Standards Board
Ikatan Akuntan Indonesia (DSAK-IAI) menerbitkan            of the Indonesian Institute of Accountants (DSAK-
amendemen PSAK yang berlaku efektif mulai Januari          IAI) issued amendments to Statements of Financial
2025.                                                      Accounting Standards (PSAK) that were effective as of
                                                           January 2025.

Dampaknya terhadap Laporan Keuangan                        Impact on Financial Statements
Penerapan PSAK baru/revisi ini tidak mengakibatkan         The Company’s implementation of new/revised
perubahan kebijakan akuntansi Perseroan dan tidak          Statements of Financial Accounting Standards (PSAK)
mempunyai dampak material terhadap jumlah yang             did not result in any changes to its accounting policies,
dilaporkan dalam laporan keuangan konsolidasian.           nor did it have a material impact on the amounts reported
                                                           in the Company's consolidated financial statements.




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 05
 Tata Kelola
 Perusahaan
 Corporate Governance




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Penerapan prinsip-prinsip Tata Kelola Perusahaan yang Baik atau Good Corporate
Governance (GCG) di lingkungan PT Chandra Daya Investasi Tbk (“Perseroan”, “CDI
Group”), antara lain mengacu Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan
Terbatas. Regulasi lain yang menjadi pedoman adalah Peraturan Otoritas Jasa Keuangan
(OJK) No. 21/POJK.04/2015 Tahun 2015 tentang Penerapan Tata Kelola Perusahaan
Terbuka maupun peraturan perundangan-undangan lain yang relevan serta praktik
terbaik di industri.

The implementation of the principles of Good Corporate Governance (GCG) within PT Chandra Daya
Investasi Tbk (the “Company”, CDI Group) refers, among others, to Law No. 40 of 2007 on Limited
Liability Companies. Other regulations serving as key references include Financial Services Authority
(OJK) Regulation No. 21/POJK.04/2015 on the Implementation of Corporate Governance for Public
Companies, as well as other relevant laws and regulations and industry best practices.




Struktur Tata Kelola Perusahaan                                        Corporate Governance Structure

Mengacu pada Undang-Undang No. 40 Tahun 2007                           Pursuant to Law No. 40 of 2007 on Limited Liability
tentang Perseroan Terbatas, struktur tata kelola                       Companies, the corporate governance structure
perusahaan yang berlaku di lingkungan CDI Group                        applicable within CDI Group places the General Meeting
menempatkan Rapat Umum Pemegang Saham (RUPS)                           of Shareholders (GMS) as the highest governing body.
sebagai organ tertinggi. Di bawahnya ada Dewan                         Under the GMS are the Board of Commissioners, which
Komisaris sebagai organ pengawas dan Direksi sebagai                   serves as the supervisory body, and the Board of
organ pelaksana.                                                       Directors that functions as the executive body.

Sistem tersebut merupakan kerangka kerja yang                          This structure forms the governance framework
mengatur pola hubungan penerapan GCG di lingkungan                     that regulates the pattern of relationships and
Perseroan. Masing-masing organ memiliki batasan tugas,                 the implementation of GCG within the Company.
tanggung jawab, serta wewenang dan dijalankan secara                   Each governing body has clearly defined duties,
independen, sesuai dengan mekanisme yang diatur                        responsibilities, and authorities, and performs its role
dalam undang-undang, peraturan regulator lainnya,                      independently in accordance with applicable laws and
anggaran dasar Perseroan, nilai-nilai perusahaan, kode                 regulations, the Company’s Articles of Association,
etik, serta peraturan dan kebijakan Perseroan lainnya.                 corporate values, code of conduct, and other internal
                                                                       policies and regulations.

Rapat Umum Pemegang Saham                                              General Meeting of Shareholders

Rapat Umum Pemegang Saham (RUPS) merupakan                             The General Meeting of Shareholders (GMS) is the
organ Perusahaan Terbuka dengan wewenang                               governing body of a public company that holds
yang tidak diberikan kepada Direksi atau Dewan                         authorities not vested in the Board of Directors or the
Komisaris sebagaimana dimaksud dalam Undang-                           Board of Commissioners, as stipulated under the Limited
Undang Perseroan Terbatas maupun anggaran dasar                        Liability Company Law and the Company’s Articles of
Perseroan. Penegasan tentang RUPS juga disampaikan                     Association. Provisions regarding the GMS are further
oleh Peraturan Otoritas Jasa Keuangan (OJK) No. 15/                    regulated under OJK Regulation No. 15/POJK.04/2020
POJK.04/2020 tentang Rencana dan Penyelenggaraan                       on the Planning and Convening of General Meetings of
Rapat Umum Pemegang Saham Perusahaan Terbuka.                          Shareholders of Public Companies.




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Wewenang yang dimiliki oleh RUPS, antara lain                The authorities of the GMS include, among others,
mengangkat dan memberhentikan anggota Dewan                  appointing and dismissing members of the Board of
Komisaris dan Direksi serta mengevaluasi kinerja kedua       Commissioners and the Board of Directors, as well as
organ tersebut. RUPS juga dapat menyetujui perubahan         evaluating the performance of both governing bodies.
anggaran dasar dan laporan tahunan serta menetapkan          The GMS also approves amendments to the Articles of
bentuk dan jumlah remunerasi anggota Dewan Komisaris         Association and the Annual Report, and determines the
dan Direksi. Selain itu, RUPS berwenang mengambil            form and amount of remuneration for members of the
keputusan terkait tindakan korporasi atau keputusan          Board of Commissioners and the Board of Directors. In
strategis lain yang diajukan Direksi.                        addition, the GMS has the authority to make decisions
                                                             on corporate actions or other strategic matters
                                                             proposed by the Board of Directors.

Pelaksanaan RUPS Tahun 2025                                  GMS Implementation in 2025

RUPS yang dilaksanakan oleh Perseroan terdiri dari 2         The Company recognizes two types of General
(dua) jenis, yakni RUPS Tahunan dan RUPS Luar Biasa.         Meetings of Shareholders (“GMS”): the Annual General
RUPS Tahunan wajib diselenggarakan setiap tahunnya           Meeting of Shareholders and the Extraordinary General
paling lambat 6 (enam) bulan setelah berakhirnya tahun       Meeting of Shareholders. The Annual General Meeting
buku sementara pelaksanaan RUPS Luar Biasa bersifat          of Shareholders must be held annually no later than
kondisional atau sesuai dengan kebutuhan Perseroan.          6 (six) months after the end of the fiscal year, while
                                                             the Extraordinary General Meeting of Shareholders is
                                                             convened on an as-needed basis or as required by the
                                                             Company.

Sejak CDI Group mengalami perubahan status dari              Following the change in CDI Group’s status from a
perusahaan tertutup menjadi perusahaan publik                private company to a public company (listed/Tbk) on 9
(terbuka/Tbk) pada 9 Juli 2025 sampai dengan tanggal         July 2025, the Company had not held any General
31 Januari 2025, Perseroan belum mengadakan RUPS,            Meetings of Shareholders (GMS), whether Annual or
baik RUPS Tahunan dan RUPS Luar Biasa.                       Extraordinary, as of 31 January 2025.




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Dewan Komisaris
Board of Commissioners




Dewan Komisaris adalah organ Perseroan yang bertugas                   The Board of Commissioners is a governing body
melakukan pengawasan secara umum dan/atau khusus                       of the Company that is responsible for conducting
sesuai dengan anggaran dasar serta memberi nasihat                     general and/or specific supervision in accordance
kepada Direksi. Dasar hukum Dewan Komisaris, antara                    with the Articles of Association and for providing
lain mengacu pada Peraturan Otoritas Jasa Keuangan                     advice to the Board of Directors. The legal basis for
No. 33/POJK.04/2014 tentang Direksi dan Dewan                          the Board of Commissioners refers, among others, to
Komisaris Emiten atau Perusahaan publik.                               Financial Services Authority (OJK) Regulation No. 33/
                                                                       POJK.04/2014 on the Board of Directors and Board of
                                                                       Commissioners of Issuers or public companies.

Keberadaan Dewan Komisaris, terutama dalam rangka                      The presence of the Board of Commissioners plays an
meningkatkan penerapan prinsip tata kelola perusahaan                  essential role in strengthening the implementation of
yang baik bagi Perseroan.                                              Good Corporate Governance within the Company.

Tugas, Tanggung Jawab, dan Wewenang                                    Duties, Responsibilities, and Authorities

Secara umum, Dewan Komisaris bertugas melakukan                        In general, the Board of Commissioners is responsible
pengawasan dan bertanggung jawab atas pengawasan                       for supervising the Company’s management policies
terhadap kebijakan pengurusan, jalannya pengurusan                     and the overall conduct of its operations, both in
pada umumnya, baik mengenai Perseroan maupun                           relation to the Company and its business activities, as
usaha Perseroan, dan memberi nasihat kepada Direksi.                   well as providing advice to the Board of Directors.

Tugas                                                                  Duties
Dewan Komisaris bertugas melakukan pengawasan                          In general, the Board of Commissioners is responsible
dan bertanggung jawab atas pengawasan terhadap                         for supervising and overseeing the management policies
kebijakan pengurusan Perseroan, jalannya pengurusan                    and the management of the Company, with respect
Perseroan pada umumnya, baik mengenai Perseroan                        to the Company and its business activities, as well as
maupun usaha Perseroan dan memberi nasihat kepada                      providing advice to the Board of Directors.Under certain
Direksi. Dalam kondisi tertentu, Dewan Komisaris wajib                 circumstances, the Board of Commissioners is required
menyelenggarakan Rapat Umum Pemegang Saham                             to convene the Annual General Meeting of Shareholders
(RUPS) Tahunan dan RUPS lainnya sebagaimana diatur                     and other General Meetings of Shareholders, as
dalam peraturan perundang-undangan dan anggaran                        regulated under prevailing laws and regulations and the
dasar.                                                                 Company’s Articles of Association.

Dewan Komisaris melaksanakan tugas dan tanggung                        In carrying out its duties and responsibilities, the
jawabnya dengan itikad baik, dengan tanggung jawab                     Board of Commissioners acts in good faith, with full
penuh dan dengan cara yang penuh kehati-hatian.                        responsibility, and with due care.

Tanggung Jawab                                                         Responsibilities
1. Setiap anggota Dewan Komisaris bertanggung jawab                    1. Each member of the Board of Commissioners is
   secara tanggung renteng atas kerugian Perseroan                        jointly and severally liable for any losses incurred
   yang disebabkan oleh kesalahan atau kelalaian                          by the Company arising from errors or negligence
   anggota Dewan Komisaris dalam menjalankan                              in the performance of their duties, unless it can be
   tugasnya, kecuali terbukti bahwa:                                      proven that:




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   a. Kerugian tersebut bukan karena kesalahan atau                   a. The loss was not caused by their error or
       kelalaiannya;                                                     negligence;
   b. Setiap anggota Dewan Komisaris telah melakukan                  b. The member of the Board of Commissioners
       pengawasan terhadap pengurusan Perseroan                          has carried out supervisory duties in good faith
       dengan itikad baik dan kehati-hatian untuk                        and with due care for the benefit of, and in
       kepentingan dan sesuai dengan maksud dan                          accordance with, the objectives of the Company;
       tujuan Perseroan;
   c. Tidak mempunyai benturan kepentingan baik                     c. The member does not have any conflict of
       langsung maupun tidak langsung atas tindakan                     interest, either directly or indirectly, in the
       pengawasan yang mengakibatkan kerugian                           supervisory actions that resulted in such loss;
       tersebut; dan                                                    and
   d. Dewan Komisaris telah mengambil tindakan-                     d. The Board of Commissioners has taken actions
       tindakan guna mencegah timbulnya atau                            to prevent the occurrence or continuation of
       berlanjutnya kerugian tersebut.                                  such loss.
2. Bertanggung jawab melakukan pengawasan atas                   2. The Board of Commissioners is responsible for
   kinerja Direksi dalam menetapkan arah strategis                  overseeing the performance of the Board of
   secara keseluruhan dengan mempertimbangkan                       Directors in setting the Company’s overall strategic
   pendekatannya terhadap isu-isu keberlanjutan                     direction, taking into account sustainability and
   dan lingkungan, sosial, dan tata Kelola (ESG),                   Environmental, Social, and Governance (ESG)
   termasuk rencana ekspansi, merger dan akuisisi, dan              considerations, including expansion plans, mergers
   pembiayaan berkelanjutan.                                        and acquisitions, and sustainable financing.
3. Tanggung jawab Dewan Komisaris mencakup                       3. The responsibilities of the Board of Commissioners
   pengawasan dalam penetapan target, sumber daya,                  also include oversight of the determination
   dan indikator kinerja utama (KPI) keberlanjutan                  of sustainability targets, resources, and key
   serta mengawasi program, praktik, dan kebijakan                  performance indicators (KPIs), as well as supervision
   Perusahaan yang terkait dengan ESG, termasuk                     of the Company’s ESG-related programs, practices,
   pengelolaan risiko iklim, air, bahan berbahaya,                  and policies. These include, among others, climate
   tanggung jawab produk, kesehatan dan keselamatan                 risk management, water management, hazardous
   kerja, kesejahteraan tempat kerja, etika bisnis, dan             materials management, product responsibility,
   juga keterlibatan masyarakat.                                    occupational health and safety, workplace welfare,
                                                                    business ethics, and community engagement.

Wewenang                                                         Authorities
1.      Dewan Komisaris berwenang memberhentikan                 1. The Board of Commissioners has the authority
        sementara anggota Direksi dengan menyebutkan                to temporarily suspend members of the Board
        alasannya.                                                  of Directors provided that the reasons for such
                                                                    suspension are stated.
2. Dewan Komisaris dapat melakukan tindakan                      2. The Board of Commissioners may, under certain
   pengurusan Perseroan dalam keadaan tertentu untuk                conditions and for a specified period, undertake
   jangka waktu tertentu sebagaimana ditetapkan oleh                the management of the Company, as determined by
   keputusan RUPS atau diatur berdasarkan anggaran                  resolutions of the General Meeting of Shareholders
   dasar.                                                           (GMS) or as provided in the Company’s Articles of
                                                                    Association.

Pedoman atau Piagam Dewan Komisaris                              Board of Commissioners Charter
Dewan Komisaris CDI Group telah memiliki piagam                  The Board of Commissioners of CDI Group has
(charter) yang ditetapkan pada 18 Maret 2025. Pedoman            established a Board of Commissioners Charter, which
tersebut menjadi landasan pelaksanaan tugas dan                  was adopted on 18 March 2025. This Charter serves as
fungsi Dewan Komisaris, yang secara umum mencakup:               the foundation for the implementation of the duties and
                                                                 functions of the Board of Commissioners and generally
                                                                 covers the following aspects:
1. Landasan Hukum                                                1. Legal Basis
2. Deskripsi Tugas, Tanggung Jawab, dan Wewenang                 2. Description of Duties, Responsibilities, and
                                                                    Authorities
3. Nilai-nilai                                                   3. Values
4. Waktu Kerja                                                   4. Working Hours



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5. Kebijakan Rapat                                                         5. Meeting Policies
6. Pelaporan dan Pertanggungjawaban                                        6. Reporting and Accountability
7. Benturan Kepentingan                                                    7. Conflict of Interest
8. Fungsi Nominasi yang Dilakukan                 oleh     Dewan           8. Nomination Function Performed by the Board of
   Komisaris                                                                  Commissioners
9. Penutup                                                                 9. Closing Provisions

Independensi dan Hubungan Afiliasi Dewan                                   Independency and Affiliation of the Board
Komisaris                                                                  of Commissioners

Sesuai dengan ketentuan Peraturan Otoritas Jasa                            Pursuant to OJK Regulation No. 33/POJK.04/2014 on
Keuangan Nomor 33/POJK.04/2014 tentang Direksi dan                         the Board of Directors and Board of Commissioners
Dewan Komisaris Emiten atau Perusahaan Publik, jumlah                      of Issuers or Public Companies, the number of
Komisaris Independen minimal 30% dari total Dewan                          Independent Commissioners must be at least 30% of
Komisaris yang menjabat. Selaras dengan hal tersebut,                      the total members of the Board of Commissioners. As
Komisaris Independen Perseroan berjumlah 2 (dua)                           of the end of the 2025 financial year, the Company
orang atau 33,33% (tiga puluh tiga koma tiga puluh                         has two (2) Independent Commissioners, representing
tiga persen) dari 6 (enam) anggota Dewan Komisaris di                      33.33% of the total six (6) members of the Board of
Perseroan hingga akhir tahun buku 2025.                                    Commissioners.

Terkait dengan independensi Dewan Komisaris,                               Information regarding the independence and affiliation
disampaikan melalui tabel hubungan afiliasi di bawah ini.                  relationships of the Board of Commissioners is
                                                                           presented in the following table.


                                                     Hubungan Keuangan dan/atau
                                                        Kepengurusan dengan                           Hubungan Keluarga dengan
                                                        Financial Relation and/or                       Family Relationship with
       Nama                      Jabatan                   Management with
       Name                      Position
                                                    Dewan            Direksi Pemegang      Dewan             Pemegang
                                                   Komisaris                   Saham      Komisaris Direksi   Saham
                                                                      BOD                            BOD
                                                     BOC                     Shareholders   BOC             Shareholders

 Erry Riyana             Presiden Komisaris
 Hardjapamekas           merangkap Komisaris
                         Independen
                         President
                                                         X                 X           X                   X        X              X
                         Commissioner
                         concurrently serves
                         as Independent
                         Commissioner
 Ade Supandi             Komisaris merangkap
                         Komisaris
                         Independen
                         Commissioner                    X                 X           X                   X        X              X
                         concurrently serves
                         as Independent
                         Commissioner
 Erwin Ciputra           Komisaris
                                                         X                 X           √                   X        X              X
                         Commissioner
 Andre Khor Kah          Komisaris
 Hin                     Commissioner                    X                 X           √                   X        X              X

 Thawat                  Komisaris
 Hirancharukorn          Commissioner                    X                 X           X                   X        X              X

 Prasit                  Komisaris
 Laohawirapap            Commissioner                    X                 X           X                   X        X              X




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Pengembangan Kompetensi
Competency Development




Kebijakan                                                                 Policy

Pengembangan        kompetensi     Dewan     Komisaris                    The competency development of the Board of
merupakan bagian dari upaya untuk mengikuti                               Commissioners serves as part of an effort to keep
perkembangan kondisi eksternal, terutama yang                             abreast of external developments, particularly those
berpotensi memberikan dampak bagi Perseroan.                              that may impact the Company. These developments
Kondisi dimaksud tidak terbatas pada perkembangan                         are not limited to industry developments but also
industri, tetapi juga terkait dengan informasi regulasi                   relate to regulatory and other information. Therefore,
atau lainnya. Karena itu, Perseroan telah memiliki                        the Company has a policy to provide support for the
kebijakan untuk memberikan dukungan bagi kegiatan                         competency development activities of the Board of
pengembangan kompetensi Dewan Komisaris.                                  Commissioners.


Realisasi
Realization

                    Nama                         Jabatan                    Pelatihan/Konferensi               Penyelenggara
No.                 Name                         Position                    Training/Conference                 Organizer

                                                                    Mandiri Investment Forum (MIF)
                                                                                                            PT Bank Mandiri
                                                                    Jakarta, 10-14 Februari 2025
                                                                                                            (Persero) Tbk
                                                                    Jakarta, 10-14 February 2025
                                                                    Singapore International Energy
                                                                    Week (SIEW) 2025                        Energy Market
                                                                    Singapura, 27 Oktober 2025              Authority
                                                                    Singapore, 27 October 2025
                                                                    Asian Downstream Summit
                                         Komisaris                  (ADS) 2025
  1        Andre Khor Kah Hin                                                                               Clarion Events Pte Ltd
                                         Commissioner               Singapura, 29-30 Oktober 2025
                                                                    Singapore, 29-30 October 2025
                                                                                                            Abu Dhabi Projects
                                                                    Abu Dhabi Investment (ADI)
                                                                                                            and Infrastructure
                                                                    Summit 2025
                                                                                                            Centre
                                                                    Clifford Capital Inaugural
                                                                    Investor Conference 2025
                                                                                                            Clifford Capital
                                                                    Singapura, Desember 2025
                                                                    Singapore, December 2025




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Orientasi bagi Dewan Komisaris Baru                                    Orientation for Newly Appointed Members
                                                                       of Board of Commissioners

Sepanjang tahun 2025 tidak terjadi perubahan                           There were no changes to the composition of the Board
komposisi Dewan Komisaris, sehingga Perseroan tidak                    of Commissioners throughout 2025, accordingly, the
menyelenggarakan kegiatan orientasi. Dalam kegiatan                    Company did not conduct any orientation programs.
orientasi bagi anggota Dewan Komisaris baru, materi                    As part of the orientation program for newly appointed
yang diperkenalkan antara lain berkenaan dengan                        members of the Board of Commissioners, the materials
perkembangan maupun target usaha Perseroan.                            typically cover the Company’s business developments
Dikarenakan tidak terdapat program orientasi yang                      and targets. As no orientation program was conducted
dilaksanakan pada tahun 2025, tidak terdapat rincian                   in 2025, no details are available for disclosure.
yang dapat disampaikan.

Penilaian Komite di bawah Dewan Komisaris                              Assessment of Committees under the
                                                                       Board of Commissioners

Hingga akhir tahun buku 2025, Dewan Komisaris telah                    As of the end of the 2025 fiscal year, the Board of
membentuk 1 (satu) komite di bawahnya, yakni Komite                    Commissioners had established one (1) committee,
Audit. Penilaian terhadap pelaksanaan tugas dan                        namely the Audit Committee. The assessment of the
tanggung jawab komite tersebut diuraikan di bawah ini.                 implementation of duties and responsibilities of the
                                                                       committee is described below.

Prosedur Penilaian                                                     Assessment Procedure
Prosedur penilaian untuk komite di bawah Dewan                         The assessment for committees under the Board of
Komisaris, dilakukan secara mandiri (self-assessment)                  Commissioners is conducted through self-assessments
oleh anggota komite, yang selanjutnya disahkan oleh                    by the respective committee members and is
Dewan Komisaris.                                                       subsequently reviewed and approved by the Board of
                                                                       Commissioners.

Kriteria Penilaian                                                     Assessment Criteria
Dalam melaksanakan penilaian terhadap kinerja komite,                  In assessing committee performance, the Board of
Dewan Komisaris mengacu pada kriteria yang telah                       Commissioners refers to the following established
ditetapkan yaitu:                                                      criteria:
1. Kehadiran dalam rapat;                                              1. Meeting attendance;
2. Dukungan terhadap implementasi tata kelola                          2. Support for the implementation of corporate
    perusahaan, efisiensi, dan efektivitas kegiatan                        governance, efficiency, and effectiveness of financial
    pelaporan keuangan dan manajemen risiko; dan                           reporting and risk management activities; and
3. Penelaahan proses dan operasi bisnis, serta                         3. Review of business processes and operations, as
    kepatuhan pada peraturan-peraturan yang berlaku.                       well as compliance with applicable regulations.




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Direksi
Board of Directors




Direksi adalah organ Perseroan yang berwenang dan               The Board of Directors is a governing body of the Company
bertanggung jawab penuh atas pengurusan perusahaan              that is fully authorized and responsible for managing
untuk kepentingan perusahaan, sesuai dengan maksud              the Company in its best interests in accordance with
dan tujuan perusahaan. Direksi juga mewakili Perseroan,         the Company’s purposes and objectives. The Board of
baik di dalam maupun di luar pengadilan sesuai dengan           Directors also represents the Company, both within and
ketentuan anggaran dasar.                                       outside the courts, in accordance with the provisions of
                                                                the Company’s Articles of Association.

Dasar hukum tata laksana Direksi, antara lain mengacu           The governance of the Board of Directors refers, among
pada Peraturan Otoritas Jasa Keuangan No. 33/                   others, to Financial Services Authority (OJK) Regulation
POJK.04/2014 tentang Direksi dan Dewan Komisaris                No. 33/POJK.04/2014 on the Board of Directors and
Emiten atau Perusahaan publik.                                  Board of Commissioners of Issuers or Public Companies.

Tugas, Tanggung Jawab, dan Wewenang                             Duties, Responsibilities, and Authorities of
Direksi                                                         the Board of Directors

Tugas                                                           Duties
Tugas-tugas utama Direksi adalah untuk:                         The primary duties of the Board of Directors include:
1. Memimpin dan mengelola Perseroan untuk                       1. Leading and managing the Company in the interest
   kepentingan dan sesuai dengan maksud Perseroan                  of, and in accordance with, the Company’s objectives,
   dan untuk meningkatkan efisiensi dan efektivitas                as well as improving the Company’s efficiency and
   Perseroan; dan                                                  effectiveness; and
2. Mengendalikan, memelihara dan mengelola aset-                2. Controlling, maintaining, and managing the
   aset Perseroan, sesuai dengan anggaran dasar.                   Company’s assets in accordance with the Articles
   Direksi akan melaksanakan tugas dan tanggung                    of Association. In performing its duties and
   jawabnya dengan itikad baik, dengan tanggung                    responsibilities, the Board of Directors acts in good
   jawab penuh dan dengan penuh kehati-hatian.                     faith, with full responsibility and prudence.

Untuk maksud dan tujuan tersebut, tugas-tugas Direksi           To achieve the above objectives, the duties of the Board
adalah sebagai berikut:                                         of Directors include, among others:
1. Direksi akan:                                                1. Preparing and maintaining:
   a. Menyusun daftar pemegang saham, daftar                        a. The register of shareholders, special register of
       pemegang saham khusus, berita acara RUPS dan                    shareholders, minutes of GMS, and minutes of
       berita acara rapat-rapat Direksi;                               meetings of the Board of Directors;
   b. Menyusun laporan tahunan dan dokumen-                         b. The Company’s Annual Report and financial
       dokumen keuangan Perseroan sebagaimana                          documents as required under applicable laws
       ditentukan berdasarkan hukum; dan                               and regulations; and
   c. Mengelola seluruh daftar, berita acara dan                    c. All registers, minutes, financial documents, and
       dokumen-dokumen keuangan tersebut di atas                       other Company documents.
       serta dokumen-dokumen Perseroan lainnya.




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2. Atas permintaan tertulis dari para pemegang                         2. Upon written request from shareholders, the
   saham, Direksi akan memberikan persetujuan                             Company shall grant access for shareholders to
   kepada para pemegang saham untuk memeriksa                             examine the register of shareholders, the special
   daftar pemegang saham, daftar pemegang saham                           register of shareholders, minutes of General
   khusus, berita acara RUPS dan laporan tahunan, dan                     Meetings of Shareholders (GMS), and the Annual
   juga akan menyerahkan hal tersebut kepada para                         Report, and shall provide copies thereof.
   pemegang saham;
3. Menyusun rencana kerja dan anggaran tahunan                         3. Preparing the annual work plan and budget prior to
   sebelum dimulainya tahun buku berikutnya dan                           the commencement of the following fiscal year and
   menyerahkan Rencana Kerja dan Anggaran Tahunan                         submitting the same to the Board of Commissioners
   tersebut kepada Dewan Komisaris untuk dimintakan                       for approval no later than 60 (sixty) days before the
   persetujuan, paling tidak 60 hari sebelum tahun                        start of the new financial year;
   buku yang baru dimulai;
4. Menyerahkan suatu laporan tahunan kepada RUPS                       4. Submitting the Annual Report to the GMS after it
   setelah ditelaah oleh Dewan Komisaris paling tidak 6                   has been reviewed by the Board of Commissioners,
   (enam) bulan setelah akhir tahun buku;                                 no later than 6 (six) months after the end of the
                                                                          financial year;
5. Menandatangani laporan tahunan;                                     5. Signing the Annual Report;
6. Mengadakan RUPS Tahunan (RUPST) dan RUPS Luar                       6. Convening the Annual General Meeting of
   Biasa (RUPSLB) sesuai dengan anggaran dasar                            Shareholders (AGMS) and Extraordinary General
   Perseroan dan peraturan perundang-undangan                             Meeting of Shareholders (EGMS) in accordance
   yang berlaku;                                                          with the Company’s Articles of Association and
                                                                          applicable laws and regulations;
7. Diwajibkan untuk melakukan pengumuman untuk                         7. Announcing the convening of a GMS no later than 15
    RUPS paling tidak 15 (lima belas) hari setelah                        (fifteen) days after the request is received;
    permintaan diterima;
8. Diwajibkan untuk melaporkan kepada Perseroan                        8. Reporting to the Company the ownership of shares
    mengenai       kepemilikan   sahamnya     dan/atau                    held by members of the Board of Directors and/or
    kepemilikan saham kerabatnya di dalam Perseroan                       their relatives in the Company and other companies,
    dan perusahaan-perusahaan lainnya yang akan                           to be recorded in the special register of shareholders;
    dicatat dalam daftar pemegang saham khusus;
9. Diwajibkan untuk menyerahkan seluruh informasi                      9. Providing all information requested in connection
    yang diminta untuk inspeksi/investigasi atas                           with inspections or investigations of the Company;
    Perseroan; dan                                                         and
10. Dalam menggunakan wewenangnya untuk mengelola                      10. Obtaining prior written approval from the Board
    Perseroan, Direksi akan memperoleh suatu                               of Commissioners before carrying out certain
    persetujuan tertulis dari Dewan Komisaris sebelum                      corporate actions, including:
    mengambil tindakan korporasi tertentu, sebagai
    berikut:
    a. Meminjam uang untuk jumlah yang akan                               a. Borrowing money for an amount that would result
       mengakibatkan rasio utang terhadap ekuitas                            in the Company's consolidated debt-to-equity
       konsolidasi Perseroan melebihi 3:1 kali. Untuk                        ratio exceeding 3:1. For the avoidance of doubt,
       menghindari keraguan, hanya seluruh jumlah                            only the entire principal amount outstanding
       pokok yang terutang berdasarkan pinjaman,                             under loans, advances, credits, or other financial
       uang muka, kredit atau akomodasi keuangan                             accommodations from Shareholders (or any of
       lainnya dari Pemegang Saham (atau salah satu                          their affiliates) will be included as part of the
       afiliasinya) akan dimasukkan sebagai bagian dari                      Company's consolidated debt for the purposes
       utang konsolidasian Perseroan untuk keperluan                         of determining the consolidated debt-to-equity
       menentukan rasio utang terhadap ekuitas                               ratio;
       konsolidasian;
    b. Memperoleh dengan membeli atau dengan cara                         b. Acquiring, by purchase or otherwise (other
       lain (kecuali hibah), barang bergerak maupun                          than by way of gift), any movable or immovable
       barang tidak bergerak dengan nilai yang melebihi                      property with a value exceeding a threshold
       sejumlah tertentu yang ditetapkan oleh Dewan                          determined by the Board of Commissioners from
       Komisaris dari waktu ke waktu;                                        time to time;




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        c. Menjual atau melepaskan hak atas barang                             c. Selling or otherwise disposing of any rights to
           bergerak maupun barang tidak bergerak (kecuali                         movable or immovable property (other than in
           dalam kegiatan usaha Perseroan sehari-hari)                            the ordinary course of the Company’s business)
           dengan nilai yang melebihi sejumlah tertentu                           with a value exceeding a threshold determined
           yang ditetapkan Dewan Komisaris dari waktu ke                          by the Board of Commissioners from time to
           waktu; dan                                                             time; and
        d. Mengeluarkan dividen sementara. Selanjutnya,                        d. Issuing interim dividends. In addition, the Board
           Direksi akan memperoleh persetujuan dari RUPS                          of Directors must obtain approval from the GMS
           untuk:                                                                 to:
           • Mengalihkan;                                                         • Transfer;
           • Melepaskan hak; dan/atau                                             • Release rights over; and/or
           • Menjadikan jaminan utang.                                            • Pledge as collateral.

              Seluruh atau sebagian besar harta Perseroan,                        All or a substantial portion of the Company’s
              yaitu dengan nilai sebesar lebih dari 50% dari                      assets, representing more than 50% of the
              jumlah kekayaan bersih Perseroan dalam 1 (satu)                     Company’s net assets in 1 (one) or more related
              transaksi atau lebih, baik yang berkaitan satu sama                 or unrelated transactions within a single fiscal
              lain maupun tidak dan transaksi sebagaimana                         year.
              dimaksud tersebut adalah transaksi pengalihan
              kekayaan bersih Perseroan yang terjadi dalam
              jangka waktu 1 (satu) tahun buku.

Tanggung Jawab                                                            Responsibilities
1.      Direksi akan bertanggung jawab secara tanggung                    1. Members of the Board of Directors shall be jointly
        renteng atas kerugian Perseroan yang disebabkan                      and severally liable for any losses incurred by
        oleh kesalahan atau kelalaian anggota Direksi dalam                  the Company arising from errors or negligence in
        menjalankan tugasnya, kecuali terbukti bahwa:                        the performance of their duties, unless it can be
                                                                             demonstrated that:
   a. Kerugian tersebut bukan karena kesalahan atau                          a. The loss was not caused by their error or
       kelalaiannya;                                                             negligence;
   b. Setiap anggota Direksi telah melakukan                                 b. The management of the Company was carried
       pengurusan dengan itikad baik, penuh tanggung                             out in good faith, with full responsibility, and with
       jawab, dan kehati-hatian untuk kepentingan dan                            due care, for the benefit of and in accordance
       sesuai dengan maksud dan tujuan Perseroan;                                with the Company’s objectives;
   c. Tidak mempunyai benturan kepentingan baik                              c. There was no conflict of interest, either directly
       langsung maupun tidak langsung atas tindakan                              or indirectly, in the management actions that
       pengurusan yang mengakibatkan kerugian; dan                               resulted in such loss; and
   d. Direksi telah mengambil tindakan-tindakan guna                         d. The Board of Directors has taken actions to
       mencegah timbulnya atau berlanjutnya kerugian                             prevent the occurrence or continuation of such
       tersebut.                                                                 loss.
2. Tunduk pada kondisi yang diuraikan di atas,                            2. Subject to the conditions above, members of the
   anggota-anggota      Direksi   akan   bertanggung                         Board of Directors shall be jointly and severally
   jawab secara tanggung renteng dengan anggota-                             liable, together with members of the Board of
   anggota Dewan Komisaris dan Perseroan, dalam                              Commissioners and the Company,
   hal terjadinya disolusi Perseroan dan kelalaiannya
   untuk menyelesaikan seluruh usaha Perseroan untuk
   tujuan likuidasi.
3. Direksi bertanggung jawab untuk menetapkan                             3. The Board of Directors is responsible for determining
   arah strategis secara keseluruhan dengan                                  the Company’s overall strategic direction by taking
   mempertimbangkan        pendekatannya     terhadap                        into account sustainability and Environmental, Social,
   isu-isu keberlanjutan dan ESG, termasuk rencana                           and Governance (ESG) considerations, including
   ekspansi, merger dan akuisisi, dan pembiayaan                             expansion plans, mergers and acquisitions, and
   berkelanjutan. Hal ini mencakup penetapan target,                         sustainable financing. This responsibility includes




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       sumber daya, dan KPI keberlanjutan serta mengawasi                       setting sustainability targets, allocating resources,
       program, praktik, dan kebijakan Perusahaan yang                          determining sustainability KPIs, and overseeing
       terkait dengan ESG.                                                      ESG-related programs, practices, and policies.

Wewenang                                                                   Authorities
1. Direksi berwenang mewakili Perseroan, baik di dalam                     1. The Board of Directors is authorized to represent
   atau di luar pengadilan, tentang segala hal dan                            the Company, both within and outside the courts, in
   dalam segala kejadian, mengikat Perseroan dengan                           all matters and under all circumstances, to bind the
   pihak lain dan pihak lain dengan Perseroan, serta                          Company with other parties and other parties with
   menjalankan segala tindakan, baik yang mengenai                            the Company, and to carry out all actions relating
   kepengurusan maupun kepemilikan, dengan tunduk                             to management and ownership, subject to the
   kepada ketentuan dalam anggaran dasar.                                     provisions of the Articles of Association.
2. Sehubungan dengan butir 1 tersebut di atas, seorang                     2. An individual member of the Board of Directors is
   anggota Direksi tidak berwenang untuk mewakili                             not authorized to represent the Company in the
   Perseroan dalam hal berikut:                                               following circumstances:
   a. Terdapat proses hukum antara Perseroan dan                              a. Where there is a legal proceeding between the
       direktur terkait; atau                                                     Company and the concerned director; or
   b. Terdapat benturan kepentingan antara Perseroan                          b. Where there is a conflict of interest between the
       dan direktur terkait. Dalam kondisi demikian,                              Company and the concerned director. In such
       (para) direktur lainnya yang tidak memiliki                                circumstances, the other director(s) who do not
       benturan demikian berwenang untuk mewakili                                 have such conflict of interest are authorized to
       Perseroan.                                                                 represent the Company.
3. Direksi dapat memberikan surat kuasa tertulis                           3. The Board of Directors may grant written powers
   kepada 1 (satu) atau lebih karyawan Perseroan                              of attorney to 1 (one) or more employees of the
   atau individu-individu lainnya untuk dan atas nama                         Company or other individuals to carry out specific
   Perseroan untuk mengambil tindakan-tindakan                                legal actions on behalf of the Company.
   hukum tertentu sebagaimana ditentukan.
4. Direksi dapat membentuk komite untuk mendukung                          4. The Board of Directors may establish committees
   tugas dan kewajibannya, dan akan mengevaluasi                              to support the performance of its duties and
   kinerja komite demikian di setiap akhir tahun buku.                        responsibilities and shall evaluate the performance
                                                                              of such committees at the end of each financial year.

       Berdasarkan anggaran dasar, Presiden Direktur                            Based on the Articles of Association, the President
       berhak dan berwenang untuk mengambil tindakan                            Director has the right and authority to take actions
       untuk dan atas nama Perseroan, namun dalam                               for and on behalf of the Company. In the event
       situasi ia tidak hadir atau berhalangan karena                           that the President Director is absent or unable
       sebab apa pun, maka seorang Direktur Lainnya yang                        to perform his/her duties for any reason, another
       ditunjuk oleh pemegang saham mayoritas berhak                            Director appointed by the majority shareholder shall
       dan berwenang untuk bertindak untuk mengambil                            have the authority to act for and on behalf of the
       tindakan untuk dan atas nama Perseroan.                                  Company.




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Pembidangan Tugas Masing-masing Direksi                              Division of Duties of Each Director

Hingga akhir tahun buku 2025, Perseroan belum                        As of the end of the 2025 fiscal year, the Company has
membuat pembidangan tugas secara lebih rinci, kecuali                not yet established a detailed division of duties, other
yang bersifat umum.                                                  than for general matters.

Pedoman atau Piagam Direksi                                          Board of Directors Charter

Direksi CDI Group telah memiliki piagam (charter) yang               The Board of Directors of CDI Group has established a
ditetapkan pada 18 Maret 2025. Pedoman tersebut                      Board of Directors Charter, which was adopted on 18
menjadi landasan pelaksanaan tugas dan fungsi Direksi,               March 2025. This Charter serves as the primary guideline
yang secara umum mencakup:                                           for the performance of the duties and functions of the
                                                                     Board of Directors and generally covers the following
                                                                     aspects:
1. Landasan Hukum                                                    1. Legal Basis
2. Deskripsi Tugas, Tanggung Jawab, dan Wewenang                     2. Description of Duties, Responsibilities, and
                                                                         Authorities
3. Nilai-nilai                                                       3. Values
4. Waktu Kerja                                                       4. Working Hours
5. Kebijakan Rapat                                                   5. Meeting Policies
6. Pelaporan dan Pertanggungjawaban                                  6. Reporting and Accountability
7. Benturan Kepentingan                                              7. Conflict of Interest
8. Fungsi Nominasi yang Dilakukan              oleh   Dewan          8. Nomination Function Performed by the Board of
   Komisaris                                                             Commissioners
9. Penutup                                                           9. Closing Provisions

Pengembangan Kompetensi                                              Competency Development

Kebijakan                                                            Policy
Pengembangan kompetensi Direksi merupakan bagian                     The competency development of the Board of Directors
dari upaya untuk mengikuti perkembangan kondisi                      serves as part of an effort to keep abreast of external
eksternal, terutama yang berpotensi memberikan                       developments, particularly those that have the potential
dampak bagi Perseroan. Kondisi dimaksud tidak terbatas               to impact the Company. Such developments include,
pada perkembangan industri, tetapi juga terkait dengan               but are not limited to, industry trends, regulatory
informasi regulasi atau lainnya. Karena itu, Perseroan               changes, and other relevant information. Accordingly,
telah memiliki kebijakan untuk memberikan dukungan                   the Company has established a policy to support the
bagi kegiatan pengembangan kompetensi Direksi.                       competency development activities of the Board of
                                                                     Directors.




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Realisasi
Realization

                  Nama                      Jabatan                          Pelatihan                        Penyelenggara
No.               Name                      Position                          Training                          Organizer

                                                                 Managing Forex Risks              Lembaga Pengembangan Perbankan
                                        Direktur                 & Exposure                        Indonesia (LPPI)
  1    Jonathan Kardinata
                                        Director                 Bali, 25-26 Juli 2025             Indonesian Banking Development
                                                                 Bali, 25-26 July 2025             Institute (LPPI)


Orientasi bagi Anggota Direksi Baru                                           Orientation for Newly Appointed Members of
                                                                              Board of Directors
Sepanjang tahun 2025 tidak terjadi perubahan komposisi                        There were no changes to the composition of the
Direksi, sehingga Perseroan tidak menyelenggarakan                            Board of Directors throughout 2025, accordingly, the
kegiatan orientasi.                                                           Company did not conduct any orientation programs.

Dalam kegiatan orientasi bagi anggota Direksi baru,                           As part of the orientation program for newly appointed
materi yang diperkenalkan antara lain berkenaan                               members of the Board of Directors, the materials
dengan perkembangan maupun target usaha Perseroan.                            typically cover the Company’s business developments
Dikarenakan tidak terdapat program orientasi yang                             and targets. As no orientation program was conducted
dilaksanakan pada tahun 2025, tidak terdapat rincian                          in 2025, no details are available for disclosure.
yang dapat disampaikan.

Penilaian Komite di Bawah Direksi                                             Assessment of Committees under the
                                                                              Board of Directors
Hingga akhir tahun buku 2025, Direksi Perseroan tidak                         As of the end of the 2025 financial year, the Board
memiliki komite di bawahnya. Dengan demikian, tidak                           of Directors did not have any committees under its
ada hasil penilaian yang dapat disampaikan.                                   structure. Accordingly, there are no assessment results
                                                                              to be disclosed.




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Rapat Dewan Komisaris,
Direksi, dan Rapat Gabungan
Meetings of The Board of Commissioners, Board of Directors, and Joint Meetings




Rapat Dewan Komisaris                                                       Meetings of the Board of Commissioners

Kebijakan                                                                   Policy
Ketentuan rapat Dewan Komisaris di lingkungan                               The provisions governing meetings of the Board of
Perseroan, terutama mengacu pada Peraturan Otoritas                         Commissioners primarily refer to OJK Regulation No. 33/
Jasa Keuangan No. 33/POJK/2014 tentang Direksi                              POJK.04/2014 on the Board of Directors and Board of
dan Dewan Komisaris Emiten atau Perusahaan Publik.                          Commissioners of Issuers or Public Companies, which
Rinciannya antara lain:                                                     stipulate, among others:

1. Dewan Komisaris wajib mengadakan rapat paling                            1.   The Board of Commissioners is required to hold
   kurang 1 (satu) kali dalam 2 (dua) bulan.                                     meetings at least once every two (2) months.
2. Rapat Dewan Komisaris dapat dilangsungkan apabila                        2.   Meetings of the Board of Commissioners may be
   dihadiri mayoritas dari seluruh anggota Dewan                                 held if attended by a majority of all members of the
   Komisaris.                                                                    Board of Commissioners.
3. Kehadiran anggota Dewan Komisaris dalam rapat                            3.   Attendance of members of the Board of
   wajib diungkapkan dalam laporan tahunan.                                      Commissioners at meetings must be disclosed in
                                                                                 the Annual Report.
4. Pengambilan keputusan rapat Dewan Komisaris                              4.   Resolutions of meetings of the Board of
   dilakukan berdasarkan musyawarah mufakat.                                     Commissioners are adopted based on deliberation
                                                                                 to reach consensus.
5. Dalam hal tidak tercapai keputusan musyawarah                            5.   In the event that consensus cannot be reached,
   mufakat,    pengambilan    keputusan    dilakukan                             resolutions are adopted based on a majority vote.
   berdasarkan suara terbanyak.
6. Hasil rapat wajib dituangkan dalam risalah rapat,                        6. The results of meetings must be recorded in minutes
   ditandatangani oleh seluruh anggota Dewan                                   of meeting, signed by all attending members of
   Komisaris yang hadir, dan disampaikan kepada                                the Board of Commissioners, and circulated to all
   seluruh anggota Dewan Komisaris.                                            members of the Board of Commissioners.

Frekuensi dan Kehadiran                                                     Frequency and Attendance
Sepanjang tahun 2025, Dewan Komisaris telah                                 Throughout 2025, the Board of Commissioners held
melaksanakan rapat internal sebanyak 5 (lima) kali.                         5 (five) internal meetings. On average, each member
Secara rata-rata kehadiran setiap anggota dewan                             of the Board of Commissioners attended 76.67% of
komisaris pada rapat internal yakni, 76,67%. Rincian                        internal meetings. The details of the attendance of the
kehadiran disampaikan melalui tabel di bawah ini:                           Board of the Commissioners at meetings are presented
                                                                            in the table below:

                                                                                            Rapat Internal Dewan Komisaris
                                                                                                 BOC Internal Meeting
                 Nama                              Jabatan
                 Name                              Position
                                                                                  Jumlah Rapat      Jumlah Kehadiran                 %
                                                                                   Total Meeting     Total Attendance

                                      Presiden Komisaris merangkap
                                      Komisaris Independen
 Erry Riyana
                                      President Commissioner                            5                    5                   100,00
 Hardjapamekas
                                      concurrently serve as Independent
                                      Commissioner




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                                                                                                 Rapat Internal Dewan Komisaris
                                                                                                      BOC Internal Meeting
                Nama                                 Jabatan
                Name                                 Position
                                                                                      Jumlah Rapat         Jumlah Kehadiran                %
                                                                                       Total Meeting        Total Attendance

                                      Komisaris merangkap Komisaris
                                      Independen
 Ade Supandi                                                                                 5                    5                     100,00
                                      Commissioner concurrently serve
                                      as Independent Commissioner
                                      Komisaris
 Erwin Ciputra                                                                               5                     1                    20,00
                                      Commissioner
                                      Komisaris
 Andre Khor Kah Hin                                                                          5                    4                     80,00
                                      Commissioner
                                      Komisaris
 Thawat Hirancharukorn                                                                       5                    4                     80,00
                                      Commissioner
                                      Komisaris
 Prasit Laohawirapap                                                                         5                    4                     80,00
                                      Commissioner



Rapat Direksi                                                                   Meetings of the Board of Directors

Kebijakan                                                                       Policy
Ketentuan rapat Direksi di lingkungan Perseroan,                                Provisions governing meetings of the Board of Directors
terutama mengacu pada Peraturan Otoritas Jasa                                   refer primarily to OJK Regulation No. 33/POJK.04/2014,
Keuangan No. 33/POJK/2014 tentang Direksi dan Dewan                             which stipulate, among others, that:
Komisaris Emiten atau Perusahaan Publik. Riniciannya
antara lain:

1. Direksi wajib mengadakan rapat Direksi secara                                1.   The Board of Directors is required to hold meetings
   berkala paling kurang 1 (satu) kali dalam setiap bulan.                           regularly at least once every month.
2. Rapat Direksi dapat dilangsungkan apabila dihadiri                           2.   Meetings of the Board of Directors may be held if
   mayoritas dari seluruh anggota Direksi.                                           attended by a majority of all members of the Board
                                                                                     of Directors.
3. Kehadiran anggota Direksi dalam rapat wajib                                  3.   The attendance of members of the Board of Directors
   diungkapkan dalam laporan tahunan.                                                at meetings shall be disclosed in the Annual Report.
4. Pada rapat yang telah dijadwalkan, bahan rapat                               4.   Meeting materials shall be distributed to participants
   disampaikan kepada peserta paling lambat 5 (lima)                                 no later than five (5) days prior to the scheduled
   hari sebelum rapat diselenggarakan.                                               meetings.
5. Dalam hal terdapat rapat yang diselenggarakan                                5.   For meetings held outside the predetermined
   di luar jadwal yang telah disusun, bahan rapat                                    schedule, meeting materials must be distributed
   disampaikan kepada peserta rapat paling lambat                                    prior to the meeting.
   sebelum rapat diselenggarakan.
6. Pengambilan keputusan rapat Direksi dilakukan                                6. Resolutions shall be adopted based on deliberation
   berdasarkan musyawarah mufakat.                                                 to reach consensus.
7. Dalam hal tidak tercapai keputusan musyawarah                                7. If consensus cannot be reached, resolutions shall be
   mufakat,    pengambilan     keputusan   dilakukan                               adopted based on a majority vote.
   berdasarkan suara terbanyak.
8. Hasil rapat wajib dituangkan dalam risalah rapat,                            8. Meeting resolutions shall be documented in minutes
   ditandatangani oleh seluruh anggota Direksi yang                                of meeting, signed by all attending members of the
   hadir, dan disampaikan kepada seluruh anggota                                   Board of Directors, and distributed to all members of
   Direksi.                                                                        the Board of Directors.




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Frekuensi dan Kehadiran                                                                 Frequency and Attendance

Sepanjang tahun 2025, Direksi telah melaksanakan rapat                                  Throughout 2025, the Board of Directors held 12
internal sebanyak 12 (dua belas) kali. Secara rata-rata                                 (twelve) internal meetings. On average, each member
kehadiran setiap anggota direksi pada rapat internal                                    of the Board of Directors attended 96.18% of internal
yakni, 96,18%. Rincian kehadiran disampaikan melalui                                    meetings. The details of the attendance of the Board
tabel di bawah ini:                                                                     of the Directors at meetings are presented in the table
                                                                                        below:


                                                                                                                   Rapat Internal Direksi
                                                                                                                    BOD Internal Meeting
                     Nama                                      Jabatan
                     Name                                      Position
                                                                                               Jumlah Rapat              Jumlah Kehadiran                       %
                                                                                               Total Meetings             Total Attendance

                                               Presiden Direktur
 Fransiskus Ruly Aryawan                                                                                 12                          12                     100,00
                                               President Director
                                               Direktur
 Jonathan Kandinata1                                                                                     11                          10                       90,91
                                               Director
                                               Direktur
 Saksit Suntharekanon                                                                                    12                          12                     100,00
                                               Director
                                               Direktur
 Merly2                                                                                                 10                            9                      90,00
                                               Director
                                               Direktur
 Agus Lukmanul Hakim2                                                                                   10                           10                     100,00
                                               Director
Catatan:
¹ Pengangkatan Jonathan Kandinata sebagai Direktur Perseroan terhitung efektif sejak tanggal 1 Februari 2025. Sehingga, jumlah rapat Direksi yang diselenggarakan sejak
masa jabatannya hingga akhir tahun 2025 adalah sebanyak 11 (sebelas) kali.
² Pengangkatan Merly dan Agus Lukmanul Hakim sebagai Direktur Perseroan terhitung efektif sejak tanggal 11 Maret 2025. Sehingga, jumlah rapat Direksi yang
diselenggarakan sejak masa jabatannya hingga akhir tahun 2025 adalah sebanyak 10 (sepuluh) kali.
Notes:
¹ Jonathan Kandinata was appointed as Director effective 1 February 2025; therefore, the number of Board of Directors meetings held during his term in 2025 was eleven (11)
meetings.
² Merly and Agus Lukmanul Hakim were appointed as Directors effective 11 March 2025; therefore, the number of Board of Directors meetings held during their term in 2025
was ten (10) meetings.




Rapat Gabungan Dewan Komisaris dan                                                      Joint Meetings of the Board of
Direksi                                                                                 Commissioners and the Board of Directors

Kebijakan                                                                               Policy
Ketentuan rapat gabungan Dewan Komisaris dan Direksi                                    The provisions governing joint meetings of the Board
di lingkungan Perseroan, terutama mengacu pada                                          of Commissioners and the Board of Directors primarily
Peraturan Otoritas Jasa Keuangan No. 33/POJK/2014                                       referto OJK Regulation No. 33/POJK.04/2014, which
tentang Direksi dan Dewan Komisaris Emiten atau                                         stipulates, among others, that:
Perusahaan Publik. Riniciannya antara lain:

1. Direksi wajib mengadakan rapat Direksi bersama                                       1. The Board of Directors shall convene joint meetings
   Dewan Komisaris secara berkala paling kurang 1                                          with the Board of Commissioners at least once every
   (satu) kali dalam 4 (empat) bulan.                                                      four 4 (four) months.
2. Hasil rapat wajib dituangkan dalam risalah rapat,                                    2. Meeting resolutions shall be documented in minutes
   ditandatangani oleh anggota Direksi dan anggota                                         of meeting, signed by the attending members of the
   Dewan Komisaris yang hadir, dan disampaikan                                             Board of Directors and the Board of Commissioners,
   kepada seluruh anggota Direksi dan anggota Dewan                                        and distributed to all members of both governing
   Komisaris.                                                                              bodies.




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3. Dalam hal terdapat anggota Direksi dan/atau anggota                       3. If any attending member does not sign the minutes
   Dewan Komisaris yang tidak menandatangani hasil                              of meeting, such member shall provide a written
   rapat, yang bersangkutan wajib menyebutkan                                   explanation, which shall be attached to the minutes
   alasannya secara tertulis dalam surat tersendiri                             of meeting.
   yang dilekatkan pada risalah rapat.
4. Risalah rapat wajib didokumentasikan oleh Emiten                          4. The minutes of meeting shall be properly
   atau Perusahaan Publik.                                                      documented by the Issuer or Public Company.

Frekuensi dan Kehadiran                                                      Frequency and Attendance

Sepanjang tahun 2025, Dewan Komisaris dan Direksi                            Throughout 2025, the Board of Commissioners and
telah melaksanakan rapat gabungan sebanyak 2 (dua)                           the Board of Directors held 2 (two) joint meetings. On
kali. Secara rata-rata kehadiran setiap anggota direksi                      average, each member of the Board of Directors and
dan komisaris pada rapat gabungan yakni, 86,36%.                             the Board of Commissioners attended 86.36% of joint
Rincian kehadiran disampaikan melalui tabel di bawah                         meetings. The details of the attendance of the Board
ini:                                                                         of Commissioners and the Board of the Directors at
                                                                             meetings are presented in the table below:


                                                                                                        Rapat Gabungan
                                                                                                          Joint Meeting
               Nama                                    Jabatan
               Name                                    Position
                                                                                        Jumlah Rapat         Jumlah Kehadiran                %
                                                                                        Total Meetings        Total Attendance

 Dewan Komisaris
 The Board of Commissioners

                                        Presiden Komisaris merangkap
                                        Komisaris Independen
Erry Riyana Hardjapamekas               President Commissioner                                 2                     1                  50,00
                                        concurrently serve as Independent
                                        Commissioner
                                        Komisaris merangkap Komisaris
                                        Independen
Ade Supandi                                                                                    2                    2                  100,00
                                        Commissioner concurrently serve
                                        as Independent Commissioner
                                        Komisaris
Erwin Ciputra                                                                                  2                     1                  50,00
                                        Commissioner
                                        Komisaris
Andre Khor Kah Hin                                                                             2                     1                  50,00
                                        Commissioner
                                        Komisaris
Thawat Hirancharukorn                                                                          2                     2                 100,00
                                        Commissioner
                                        Komisaris
Prasit Laohawirapap                                                                            2                    2                  100,00
                                        Commissioner
 Direksi
 The Board of Director

                                        Presiden Direktur
Fransiskus Ruly Aryawan                                                                        2                    2                  100,00
                                        President Director
                                        Direktur
Jonathan Kandinata                                                                             2                    2                  100,00
                                        Director
                                        Direktur
Saksit Suntharekanon                                                                           2                    2                  100,00
                                        Director
                                        Direktur
Merly                                                                                          2                    2                  100,00
                                        Director
                                        Direktur
Agus Lukmanul Hakim                                                                            2                    2                  100,00
                                        Director



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          Management Discussion and Analysis           Good Corporate Governance                     Financial Reports




Penilaian Kinerja Dewan Komisaris
dan Direksi
Performance Assessment of the Board of Commissioners
and Board of Directors



Prosedur dan Pelaksana Penilaian                                 Assessment Procedure and
                                                                 Implementation

Mekanisme penilaian terhadap kinerja Dewan Komisaris             The Board of Commissioners conducts its performance
di CDI Group dilaksanakan secara mandiri (self                   assessment independently through a self-assessment
assessment). Kebijakan ini selaras dengan Surat Edaran           mechanism, in accordance with Financial Services
Otoritas Jasa Keuangan No. 32/SEOJK.04/2015 tentang              Authority Circular Letter No. 32/SEOJK.04/2015 on
Pedoman Tata Kelola Perusahaan Terbuka.                          Guidelines for Public Company Governance.

Sedangkan penilaian kinerja Direksi dilakukan oleh Dewan         The Board of Directors' performance, in turn, is assessed
Komisaris Perseroan. Hasil penilaian kinerja Dewan               by the Board of Commissioners. The results of both
Komisaris dan Direksi kemudian dilaporkan pada RUPS              assessments are reported to the GMS as an integral part
sebagai bagian yang tidak terpisahkan dari Laporan               of the Board of Commissioners' Supervisory Report, for
Pengawasan Dewan Komisaris untuk memperoleh                      approval and discharge of duties for the relevant period.
persetujuan dan pembebasan tugas atas periode yang
dilaporkan.

Kriteria Penilaian                                               Assessment Criteria

Beberapa kriteria yang digunakan dalam penilaian                 There are several criteria used in the assessment. They
mencakup:                                                        include:
1. Pencapaian kinerja anggota Dewan Komisaris dan                1. Performance achievement of the Board of
   Direksi sesuai dengan target Perseroan yang telah                 Commissioners and Board of Directors in accordance
   ditetapkan;                                                       with the Company’s set targets;
2. Pencapaian scorecard Perseroan;                               2. Achievement of the Company’s scorecard;
3. Implementasi GCG;                                             3. GCG implementation;
4. Kepatuhan     terhadap   peraturan     perundang-             4. Compliance with the prevailing regulations and
   undangan yang berlaku serta kebijakan Perseroan;                  Company policies;
5. Pelaksanaan tugas dan tanggung jawab;                         5. Implementation of duties and responsibilities;
6. Komitmen dalam meningkatkan nilai Perseroan bagi              6. Commitment in increasing Company value for
   Pemegang Saham; dan                                               Shareholders; and
7. Tingkat kehadiran dalam rapat internal maupun                 7. Attendance level at internal meetings and joint
   rapat gabungan Dewan Komisaris, Direksi, beserta                  meetings of the Board of Commissioners, Board of
   dengan komite-komite pendukung di bawah Dewan                     Directors, as well as with the supporting committees
   Komisaris.                                                        under the Board of Commissioners.




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                                             Performance Highlights               Management Reports          Company Profile




Hasil Penilaian                                                        Assessment Results
Penilaian kinerja Dewan Komisaris dan Direksi tercermin                The performance assessment of the Board of
dari kinerja Perseroan untuk tahun buku 2025. Pada                     Commissioners and Board of Directors is reflected in the
tahun buku tersebut Dewan Komisaris telah menjalankan                  Company's performance for the fiscal year 2025. During
tugas dan fungsi dengan sangat baik, terutama                          the fiscal year, the Board of Commissioners performed
berkenaan dengan pengawasan serta pemberian                            its duties and functions effectively, particularly with
nasihat dan evaluasi kepada Direksi.                                   regard to supervision, providing advice, and evaluating
                                                                       the Board of Directors.

Penilaian juga diberikan kepada Direksi Perseroan                      An assessment was also conducted for the Company's
pada tahun 2025. Direksi telah mengimplementasikan                     Board of Directors for 2025. The Board of Directors
seluruh rencana strategis yang ditetapkan pada tahun                   implemented all strategic plans established during the
buku. Seluruh tugas telah dilaksanakan secara penuh                    fiscal year. All duties were fully implemented, resulting
sehingga menghasilkan keputusan-keputusan yang                         in effective decisions to address the risks faced by the
efektif dalam mengatasi risiko yang dihadapi Perseroan                 Company and to deliver strong operational and financial
serta menghasilkan kinerja operasional dan keuangan                    performance.
yang kuat.




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          Management Discussion and Analysis           Good Corporate Governance                      Financial Reports




Nominasi dan Remunerasi Dewan
Komisaris dan Direksi
Nomination and Remuneration of the Board of Commissioners and
the Board of Directors




Nominasi                                                         Nomination

Kebijakan                                                        Policy
Kebijakan terkait dengan nominasi Dewan Komisaris                The nomination policy for members of the Board of
dan Direksi CDI Group mengacu pada Peraturan OJK                 Commissioners and the Board of Directors of CDI
No. 33/POJK.04/2014 tentang Direksi dan Dewan                    Group refers to OJK Regulation No. 33/POJK.04/2014
Komisaris Emiten atau Perusahaan Publik. Regulasi                on the Board of Directors and Board of Commissioners
tersebut menegaskan bahwa Dewan Komisaris dan                    of Issuers or Public Companies, which stipulates that
Direksi diangkat dan diberhentikan oleh Rapat Umum               members of the Board of Commissioners and the
Pemegang Saham (RUPS).                                           Board of Directors are appointed and dismissed by the
                                                                 General Meeting of Shareholders (GMS).

Pihak yang diangkat sebagai Dewan Komisaris dan Direksi          Individuals appointed as members of the Board of
adalah orang perseorangan yang memenuhi syarat saat              Commissioners and the Board of Directors must meet
diangkat dan selama menjabat. Kendati demikian, Dewan            the applicable requirements at the time of appointment
Komisaris dan Direksi dapat mengajukan pengunduran               and throughout their term of office. Members of the
diri sebelum masa jabatannya berakhir yang kemudian              Board of Commissioners and the Board of Directors may
diputuskan oleh RUPS.                                            resign prior to the end of their term of office, subject to
                                                                 approval by the GMS.

Prosedur/Proses Nominasi                                         Nomination Procedures
Prosedur nominasi untuk calon anggota Dewan Komisaris            The nomination process for prospective members of
dan Direksi diawali oleh usulan calon yang diterima oleh         the Board of Commissioners and the Board of Directors
Direksi. Selanjutnya, Direksi meminta rekomendasi dari           begins with the submission of candidate proposals to
Fungsi Nominasi yang saat ini dijalankan oleh Dewan              the Board of Directors. The Board of Directors then seeks
Komisaris, untuk disampaikan kepada RUPS.                        recommendations from the Nomination Function, which
                                                                 is currently performed by the Board of Commissioners,
                                                                 to be submitted to the GMS.

Proses nominasi yang berlaku di Perseroan ini telah              This nomination process is in line with OJK Regulation
sejalan dengan Peraturan OJK No. 33/POJK.04/2014                 No. 33/POJK.04/2014, which stipulates that proposals
yang      menyebutkan:    Usulan     pengangkatan,               for the appointment, dismissal, and/or replacement of
pemberhentian, dan/atau penggantian anggota Direksi              members of the Board of Directors to the GMS must
kepada RUPS harus memperhatikan rekomendasi dari                 take into account recommendations from the Board
Dewan Komisaris atau komite yang menjalankan fungsi              of Commissioners or a committee performing the
nominasi.                                                        nomination function.

Remunerasi                                                       Remuneration

Kebijakan                                                        Policy
Kebijakan pemberian remunerasi bagi Dewan Komisaris              The remuneration policy for members of the Board of
dan Direksi di lingkungan Perseroan mempertimbangkan             Commissioners and the Board of Directors considers
sejumlah aspek, antara lain:                                     several aspects, including:
1. Kinerja keuangan dan pencapaian Corporate                     1. The Company’s financial performance and
   Scorecard Perseroan;                                             achievement of its Corporate Scorecard;



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                                                       Performance Highlights                Management Reports              Company Profile




2. Prestasi kerja individu;                                                      2. Individual performance;
3. Kewajaran dengan peer perusahaan lainnya dalam                                3. Reasonableness compared to peer companies
   industri sejenis; dan                                                            within the same industry; and
4. Pertimbangan sasaran dan strategi jangka panjang                              4. The Company’s long-term objectives and strategic
   Perseroan.                                                                       direction.

Remunerasi Dewan Komisaris dan Direksi ditentukan                                Remuneration for members of the Board of
oleh RUPS atau melalui pelimpahan wewenang RUPS                                  Commissioners and the Board of Directors is determined
kepada Dewan Komisaris. Dalam mengambil keputusan                                by the GMS or through the delegation of authority
terkait struktur dan besaran remunerasi, RUPS                                    from the GMS to the Board of Commissioners. In
mempertimbangkan masukan dari Dewan Komisaris.                                   determining the structure and amount of remuneration,
                                                                                 the GMS takes into account input from the Board of
                                                                                 Commissioners.

Dasar   pertimbangan      Dewan Komisaris                        dalam           In providing recommendations regarding remuneration
memberikan masukan terkait remunerasi                            Dewan           for members of the Board of Commissioners and
Komisaris dan Direksi adalah:                                                    the Board of Directors, the Board of Commissioners
                                                                                 considers the following factors:
1. Masukan dari Komite (Fungsi) Nominasi dan                                     1. Recommendations from the Nomination and
   Remunerasi;                                                                       Remuneration Function;
2. Remunerasi yang berlaku pada industri yang sesuai                             2. Prevailing remuneration practices within industries
   dengan kegiatan usaha Perseroan serta usaha                                       comparable to the Company’s business activities;
   sejenis yang sama skalanya dalam industrinya;
3. Tugas, tanggung jawab, dan wewenang anggota                                   3. Duties, responsibilities, and authorities of members
   Dewan Komisaris dan Direksi yang dikaitkan dengan                                of the Board of Commissioners and the Board of
   pencapaian tujuan dan kinerja Perseroan;                                         Directors in relation to the achievement of the
                                                                                    Company’s objectives and performance;
4. Pencapaian target kinerja masing-masing anggota                               4. Achievement of performance targets by each
   Dewan Komisaris dan Direksi; dan                                                 member of the Board of Commissioners and the
                                                                                    Board of Directors; and
5. Keseimbangan antara tunjangan yang bersifat tetap                             5. Balance between fixed and variable components of
   dan variabel.                                                                    remuneration.

Prosedur Penetapan Remunerasi                                                    Remuneration Determination Procedures
Prosedur penetapan remunerasi Dewan Komisaris                                    The process for determining remuneration for members
dan Direksi sejak dari pengusulan hingga penetapan                               of the Board of Commissioners and the Board of
dijelaskan melalui skema di bawah ini:                                           Directors, from proposal to approval, is outlined as
                                                                                 follows:

                              Skema Penetapan Remunerasi Dewan Komisaris dan Direksi
                 Remuneration Determination Scheme for the Board of Commissioners and Board of Directors



             Fungsi Nominasi dan Remunerasi                       Dewan Komisaris                                     RUPS
           Nomination and Remuneration Function                Board of Commissioners                                 GMS

            Dewan Komisaris menetapkan                    Dewan Komisaris Perseroan                            RUPS melimpahkan
              usulan besaran remunerasi                   mempertimbangkan usulan                            wewenangnya kepada
             dengan mempertimbangkan                       dari Fungsi Nominasi dan                       Dewan Komisaris Perseroan
                berbagai aspek sesuai                        Remunerasi kemudian                           untuk menetapkan jumlah
               peraturan yang ada serta                  menyampaikan usulan terkait                      gaji dan tunjangan lain bagi
                  kondisi Perseroan.                       remunerasi kepada RUPS.                           setiap anggota Direksi.
              The Board of Commissioners                     The Company's Board of                           The GMS delegates its
               determines the proposed                   Commissioners considers the                        authority to the Board of
            amount of the remuneration by                proposals from the Nomination                     Commissioners to stipulate
              considering various aspects                  and subsequently submits                         the amount of salary and
               according to the prevailing                   remuneration proposals                       other allowances for each the
            regulations and condition of the             related to the General Meeting                    Board of Directors member.
                       Company.                               of Shareholders (GMS).




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            Management Discussion and Analysis                 Good Corporate Governance                      Financial Reports




Struktur Remunerasi                                                   Remuneration Structure
Struktur remunerasi bagi Dewan Komisaris dan Direksi                  The remuneration structure for members of the Board of
Perseroan diuraikan melalui tabel di bawah ini:                       Commissioners and the Board of Directors is presented
                                                                      below:

                                    Dewan Komisaris                                                 Direksi
 No.                             Board of Commissioners                                        Board of Directors

            Gaji                                                          Gaji
   1
            Salary                                                        Salary

            Tunjangan Rutin                                               Tunjangan Rutin
   2
            Fixed Allowances                                              Fixed Allowances

            Tantiem                                                       Tantiem
   3
            Tantiem (Performance Bonus)                                   Tantiem (Performance Bonus)

            Fasilitas Lain dalam Bentuk Natura maupun Non-                Fasilitas Lain dalam Bentuk Natura maupun Non-
            Natura                                                        Natura
   4
            Other Facilities in the Form of Benefits in Kind and/         Other Facilities in the Form of Benefits in Kind and/
            or Non-Cash Benefits                                          or Non-Cash Benefits



Realisasi Remunerasi                                                                                             dalam US$ penuh | in full US$
Remuneration Realization

                                    Uraian                                                 Jumlah Remunerasi 2025
                                  Description                                               Total Remuneration 2025

Dewan Komisaris
Board of Commissioners

Gaji, Tunjangan Rutin, Tantiem, dan Fasilitas Lain dalam
Bentuk Natura maupun Non-Natura
                                                                                                   205.333
Salary, Fixed Allowances, Tantiem, and Other Facilities in
the Form of Benefits in Kind and/or Non-Cash Benefits
Total                                                                                              205.333
Direksi
Board of Directors

Gaji, Bonus, Tunjangan Rutin, Tantiem, dan Fasilitas Lain
dalam Bentuk Natura maupun Non-Natura
Salary, Bonus, Fixed Allowances, Tantiem, and Other                                                145.866
Facilities in the Form of Benefits in Kind and/or Non-Cash
Benefits

Total                                                                                              145.866



Kompensasi Jangka Panjang: Program                                    Long-Term Compensation: Employee and/
Kepemilikan Saham Karyawan dan/atau                                   or Management Stock Ownership Program
Manajemen (ESOP/MSOP)                                                 (ESOP/MSOP)

Hingga tahun 2025, CDI Group belum pernah                             As of 2025, CDI Group has never implemented an
menyelenggarakan Program Kepemilikan Saham                            Employee and/or Management Stock Ownership
Karyawan dan/atau Manajemen sebagai kompensasi                        Program as long-term compensation.
jangka panjang.




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                                             Performance Highlights               Management Reports         Company Profile




Komite di Bawah Dewan Komisaris
Committees under the Board of Commissioners




Komite Audit                                                           Audit Committee

Komite Audit dibentuk oleh Perseroan melalui                           The Audit Committee was established by the Company
Keputusan Edaran sebagai Pengganti Rapat Dewan                         pursuant to a Circular Resolution in Lieu of a Meeting
Komisaris Nomor 001/LGC-CDI/BOC RES/III/2025 untuk                     of the Board of Commissioners No. 001/LGC-CDI/BOC
mendukung penerapan Tata Kelola Perusahaan yang                        RES/III/2025, to support the implementation of Good
Baik (Good Corporate Governance/GCG).                                  Corporate Governance (GCG).

Dalam menjalankan tugas dan tanggung jawabnya,                         In performing its duties and responsibilities, the
Komite Audit menjunjung tinggi lima prinsip GCG                        Audit Committee upholds GCG principles and acts
serta bertindak secara profesional dan independen                      professionally and independently in the interests of the
demi kepentingan Perusahaan dan para pemangku                          Company and its stakeholders.
kepentingan.

Pedoman Kerja (Board Charter)                                          Audit Committee Charter
Untuk mendukung peran Komite Audit, Perseroan telah                    To support the role of the Audit Committee, the
menyusun pedoman yang disebut Piagam Komite Audit.                     Company has adopted an Audit Committee Charter,
Pedoman tersebut mencakup:                                             which sets out the guidelines for the Audit Committee’s
                                                                       work. The Charter includes, among others:
1. Latar belakang                                                      1. Background
2. Tugas, tanggung jawab, dan wewenang                                 2. Duties, Responsibilities, and Authorities
3. Komposisi, struktur, serta persyaratan anggota                      3. Composition,      Structure,     and      Membership
   Komite Audit                                                           Requirements
4. Pelaksanaan dan prosedur kerja                                      4. Implementation and Work Procedures
5. Rapat Komite Audit                                                  5. Audit Committee Meetings
6. Pelaporan                                                           6. Reporting
7. Ketentuan mengenai penanganan pengaduan                             7. Provisions on the Handling of Complaints or Alleged
   atau laporan dugaan pelanggaran terkait laporan                        Violations Related to Financial Reporting
   keuangan
8. Masa jabatan Komite Audit                                           8. Term of Office of the Audit Committee

Tugas dan Wewenang                                                     Duties and Authorities

Tugas                                                                  Duties
Komite Audit bertugas memberikan pendapat                              The Audit Committee is responsible for providing
profesional yang independen kepada Dewan Komisaris                     independent and professional opinions to the Board of
terhadap laporan atau hal-hal yang disampaikan oleh                    Commissioners regarding reports or matters submitted
Direksi kepada Dewan Komisaris; membantu Dewan                         by the Board of Directors, assisting the Board of
Komisaris atas tanggung jawab pengawasannya,                           Commissioners in carrying out its supervisory duties,
termasuk mengidentifikasi hal-hal yang memerlukan                      and identifying matters requiring the attention of
perhatian Dewan Komisaris; dan melaksanakan tugas-                     the Board of Commissioners. The duties of the Audit
tugas lain yang berkaitan dengan tugas Dewan




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          Management Discussion and Analysis              Good Corporate Governance                     Financial Reports




Komisaris, antara lain:                                             Committee include, among others:
1. Melakukan penelaahan atas informasi keuangan yang                1. Reviewing financial information to be disclosed by the
   akan dikeluarkan Perseroan kepada publik dan/atau                   Company to the public and/or regulatory authorities,
   pihak otoritas, seperti laporan keuangan, proyeksi                  including financial statements, projections, and
   dan laporan lainnya terkait dengan informasi                        other financial-related reports;
   keuangan Perseroan;
2. Melakukan penelaahan atas tingkat kepatuhan/                     2. Reviewing the Company’s compliance with laws and
   ketaatan Perseroan terhadap peraturan perundang-                    regulations in the capital market sector and other
   undangan di bidang Pasar Modal dan peraturan                        applicable laws and regulations;
   perundang-undangan lainnya yang berhubungan
   dengan kegiatan Perseroan;
3. Memberikan pendapat independen dalam hal                         3. Providing independent opinions in the event of
   terjadi perbedaan pendapat antara manajemen dan                     differences of opinion between management
   Akuntan atas jasa yang diberikan;                                   and external accountants regarding the services
                                                                       provided;
4. Memberikan rekomendasi kepada Dewan Komisaris                    4. Providing recommendations to the Board of
   mengenai penunjukan akuntan yang didasarkan                         Commissioners on the appointment of external
   pada independensi, ruang lingkup penugasan, dan                     accountants, taking into account independence,
   imbalan jasa;                                                       scope of work, and professional fees;
5. Melakukan         penelaahan     atas      pelaksanaan           5. Reviewing the implementation of internal audit
   pemeriksaan oleh auditor internal dan mengawasi                     activities and monitoring follow-up actions taken by
   pelaksanaan tindak lanjut oleh Direksi atas temuan                  the Board of Directors on internal audit findings;
   auditor internal;
6. Melakukan        penelaahan     terhadap       aktivitas         6. Reviewing the implementation of risk management
   pelaksanaan manajemen risiko yang dilakukan oleh                    by the Board of Directors, if the Company does not
   Direksi, jika Perseroan tidak memiliki fungsi pemantau              have a risk monitoring function under the Board of
   risiko di bawah Dewan Komisaris;                                    Commissioners;
7. Menelaah pengaduan yang berkaitan dengan proses                  7. Reviewing complaints related to the accounting and
   akuntansi dan pelaporan keuangan Perseroan;                         financial reporting process;
8. Menelaah dan memberikan saran kepada Dewan                       8. Reviewing and providing recommendations to
   Komisaris terkait dengan adanya potensi benturan                    the Board of Commissioners regarding potential
   kepentingan Perseroan; dan                                          conflicts of interest within the Company; and
9. Menjaga kerahasiaan dokumen, data, dan informasi                 9. Maintaining the confidentiality of Company
   Perseroan.                                                          documents, data, and information.

Wewenang                                                            Authorities
Dalam melaksanakan tugasnya, Komite Audit mempunyai                 In carrying out its duties, the Audit Committee has the
wewenang sebagai berikut:                                           authority to:
1. Mengakses dokumen, data, dan informasi Perseroan                 1. Access documents, data, and information of the
   tentang karyawan, dana, aset, dan sumber daya                        Company related to employees, funds, assets,
   Perseroan lainnya yang diperlukan;                                   and other Company resources required for the
                                                                        performance of its duties;
2. Melakukan komunikasi langsung dengan karyawan,                   2. Communicate directly with employees, including
   termasuk Direksi dan pihak yang menjalankan fungsi                   members of the Board of Directors, internal audit,
   audit internal, manajemen risiko, dan akuntan terkait                risk management, and external accountants;
   tugas dan tanggung jawab Komite Audit;
3. Melibatkan pihak independen di luar Komite Audit                 3. Engage independent external parties, if necessary,
   yang diperlukan untuk membantu pelaksanaan                          to assist in carrying out its duties; and
   tugasnya (jika diperlukan); dan
4. Melakukan kewenangan lain yang diberikan oleh                    4. Exercise other authorities granted by the Board of
   Dewan Komisaris.                                                    Commissioners.




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Komposisi dan Profil                                                          Composition and Profile of
                                                                              the Audit Committee

Komite Audit CDI Group dibentuk berdasarkan                                   The Audit Committee of CDI Group was established
Keputusan Edaran sebagai Pengganti dari Rapat Dewan                           based on Circular Resolution in Lieu of the Board of
Komisaris No. 001/LGC-CDI/BOC RES/III/2025. Susunan                           Commissioners Meeting No. 001/LGC-CDI/BOC RES/
anggota Komite Audit tersebut adalah sebagai berikut:                         III/2025, with the following composition:


              Nama                       Jabatan               Periode                                 Dasar Pengangkatan
              Name                       Position          Period of Tenure                            Basis for Appointment

                                        Ketua
Ade Supandi                                                   2025-2028               Resolusi Sirkuler sebagai Pengganti Rapat
                                        Chairman
                                                                                      Dewan Komisaris No. 001/LGC-CDI/BOCRES/
                                        Anggota                                       III/2025.
Toni Setioko                                                  2025-2028
                                        Member                                        Circular Resolution in Lieu of the Board of
                                                                                      Commissioners Meeting No. 001/LGC-CDI/BOC
                                        Anggota                                       RES/III/2025.
Jennywati                                                     2025-2028
                                        Member




    Ade Supandi
            Ketua Komite Audit
            Chairman of the Audit Committee


 Kewarganegaraan | Citizenship                                                Indonesia | Indonesian
 Usia | Age                                                                   65 tahun | years old
 Tempat dan Tanggal Lahir | Place and Date of Birth                           Bandung, 26 Mei 1960 | Bandung, 26 May 1960
 Domisili | Domicile                                                          Indonesia



Profil lengkap Ade Supandi, Ketua Komite Audit, disajikan                     A complete profile of Ade Supandi, Chairman of the
pada bab “Profil Perusahaan” yang terdapat dalam                              Audit Committee, is presented in the Company Profile
Laporan Tahunan ini.                                                          chapter of this Annual Report.




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         Management Discussion and Analysis            Good Corporate Governance                    Financial Reports




    Toni Setioko
            Anggota Komite Audit
            Audit Committee Member


 Kewarganegaraan | Citizenship                               Indonesia | Indonesian
 Usia | Age                                                  60 tahun | years old
 Domisili | Domicile                                         Jakarta Barat | West Jakarta




Riwayat Pendidikan
Educational Background
Sarjana Akuntansi dari Universitas Katolik Parahyangan      Bachelor’s Degree in Accounting, Parahyangan Catholic
                                                            University
Riwayat Pekerjaan
Work Experience
• Direktur, CV Integral Solutions (2014-sekarang)           • Director, CV Integral Solutions (2014–present)
• Komisaris, PT Fides Pro Consulting (2010-saat ini)        • Commissioner, PT Fides Pro Consulting (2010–
                                                              present)
• Komisaris Independen, PT Panorama Sentrawisata            • Independent Commissioner, PT Panorama
  Tbk (s.d. April 2019)                                       Sentrawisata Tbk (until April 2019)
• Director of Operations and Finance, PT Kuo Capital        • Director of Operations & Finance, PT Kuo Capital
  Raharja (2000-2003)                                         Raharja (2000–2003)
• Director of Operations, PT DBS Vickers Indonesia          • Director of Operations, PT DBS Vickers Indonesia
  (1996-2000)                                                 (1996–2000)
Rangkap Jabatan
Concurrent Position
Merangkap sebagai:                                          Concurrently serving as:
• Direktur, CV Integral Solutions (sejak 2014)              • Director, CV Integral Solutions (since 2014)
• Komisaris, PT Fides Pro Consulting (sejak 2010)           • Commissioner, PT Fides Pro Consulting (since 2010)
Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Direksi,            Has no affiliation with the Board of Directors, Board of
Dewan Komisaris, maupun Pemegang Saham Utama/               Commissioners, or Controlling Shareholders .
Pengendali.




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   Jennywati
           Anggota Komite Audit
           Audit Committee Member


 Kewarganegaraan | Citizenship                                        Indonesia | Indonesian
 Usia | Age                                                           60 tahun | years old
 Domisili | Domicile                                                  Jakarta Selatan | South Jakarta




Riwayat Pendidikan
Educational Background
Sarjana Akuntansi dari Universitas Trisakti (1989-tahun               Bachelor’s Degree in Accounting, Trisakti University
lulus)                                                                (1989).
Riwayat Pekerjaan
Work Experience
• Founder, KJPP Jennywanti, Kusnanto dan Rekan                        • Founder, KJPP Jennywanti, Kusnanto & Partners
  (2009-2018).                                                          (2009–2018)
• Director, PT Infinity Capital (2008-saat ini).                      • Director, PT Infinity Capital (2008–present)
• Komite Audit, PT Solusi Tunas Pratama Tbk                           • Audit Committee, PT Solusi Tunas Pratama Tbk
  (2011-2017)                                                           (2011–2017)
• Non-Equity Partner, Ernst & Young (2002-2007)                       • Non-Equity Partner, Ernst & Young (2002–2007)
• Senior Manager, Arthur Andersen (1988-2002)                         • Senior Manager, Arthur Andersen (1988–2002)
Rangkap Jabatan
Concurrent Position
Merangkap sebagai:                                                    Concurrently serving as:
• Director, PT Infinity Capital (sejak 2008).                         • Director, PT Infinity Capital (since 2008)
• Senior Partner, KJPP Ruky Safrudin dan rekan                        • Senior Partner, KJPP Ruky Safrudin & Partners
  (sejak 2019)                                                          (since 2019)
• Komite Audit, PT Solusi Tunas Pratama Tbk (sejak                    • Audit Committee, PT Solusi Tunas Pratama Tbk
  2023)                                                                 (since 2023)
• Komite Audit, PT Barito Renewables Energy Tbk                       • Audit Committee, PT Barito Renewables Energy Tbk
  (sejak 2023)                                                          (since 2023)
Hubungan Afiliasi
Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan Direksi,                      Has no affiliation with the Board of Directors, Board of
Dewan Komisaris, maupun Pemegang Saham Utama/                         Commissioners, or Controlling Shareholders .
Pengendali.




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              Management Discussion and Analysis        Good Corporate Governance                      Financial Reports




Pernyataan Independensi                                          Independence Statement

Perusahaan memastikan bahwa anggota Komite                       The Company ensures that members of the Audit
Audit harus independen, objektif, dan profesional. Hal           Committee are independent, objective, and professional.
tersebut telah diatur dalam Piagam Komite Audit yang             This requirement is stipulated in the Audit Committee
diperbaharui secara berkala menyesuaikan dengan                  Charter, which is periodically updated to comply with
peraturan perundang-undangan yang berlaku. Adapun                prevailing laws and regulations. The independence
kriteria yang tertuang dalam Piagam Komite Audit, di             criteria set out in the Audit Committee Charter include,
antaranya:                                                       among others:

1. Bukan merupakan orang yang bekerja atau                       1.   Not being a person who works for or has authority
   mempunyai wewenang dan tanggung jawab untuk                        and responsibility to plan, lead, control, or supervise
   merencanakan, memimpin, mengendalikan atau                         the Company’s activities within the last six (6)
   mengawasi kegiatan Perseroan dalam waktu 6 bulan                   months;
   terakhir;
2. Tidak mempunyai saham, baik langsung maupun                   2. Not owning, either directly or indirectly, shares in the
   tidak langsung, pada Perseroan;                                  Company;
3. Tidak mempunyai hubungan afiliasi dengan anggota              3. Not having any affiliation with members of the Board
   Dewan Komisaris, anggota Direksi, atau Pemegang                  of Commissioners, the Board of Directors, or the
   Saham Utama Perseroan; dan                                       Company’s controlling shareholders; and
4. Tidak mempunyai hubungan usaha, baik langsung                 4. Not having any business relationship, either directly
   maupun tidak langsung, yang berkaitan dengan                     or indirectly, related to the Company’s business
   kegiatan usaha Perseroan.                                        activities.

Pelaksanaan Rapat                                                Audit Committee Meetings

Kebijakan                                                        Policy
Kebijakan rapat Komite Audit telah tertuang dalam                The policy governing Audit Committee meetings is
Piagam Komite Audit. Uraiannya adalah:                           stipulated in the Audit Committee Charter, which
                                                                 provides that:
1. Komite Audit wajib menyelenggarakan rapat                     1. The Audit Committee must convene meetings at
   sekurang-kurangnya sekali dalam 3 (tiga) bulan.                   least once every three (3) months.
2. Rapat Komite Audit dapat dilakukan bila dihadiri              2. Meetings of the Audit Committee may be held if
   oleh lebih dari ½ (satu per dua) dari jumlah anggota              attended by more than one-half (½) of the total
   Komite Audit.                                                     members of the Audit Committee.
3. Keputusan rapat Komite Audit diambil berdasarkan              3. Resolutions of Audit Committee meetings are
   musyawarah untuk mufakat.                                         adopted based on deliberation to reach consensus.
4. Setiap rapat Komite Audit harus dicatat dalam                 4. Each Audit Committee meeting must be documented
   risalah rapat, termasuk apabila terdapat perbedaan                in minutes of meeting, including any dissenting
   pendapat (dissenting opinions), yang ditandatangani               opinions, signed by all attending members, and
   oleh seluruh anggota Komite Audit yang hadir dan                  submitted to the Board of Commissioners.
   disampaikan kepada Dewan Komisaris Perseroan.

Frekuensi dan Kehadiran                                          Frequency and Attendance
Sepanjang tahun 2025, Komite Audit telah melaksanakan            Throughout the 2025 financial year, the Audit Committee
rapat sebanyak 4 (empat) kali secara keseluruhan,                held four (4) meetings, with the following attendance
dengan rincian tingkat kehadiran sebagai berikut:                details:




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          Nama                          Jabatan                 Jumlah Rapat                     Jumlah Kehadiran                     %
          Name                          Position                Total Meetings                    Total Attendance

                               Ketua
Ade Supandi                                                                  4                              4                        100
                               Chairman
                               Anggota
Toni Setioko                                                                 4                              4                        100
                               Member
                               Anggota
Jennywati                                                                    4                              4                        100
                               Member

Laporan Pelaksanaan Kegiatan                                                     Report on the Implementation of Audit
                                                                                 Committee Activities

Menelaah Laporan Keuangan                                                        Review of Financial Statements
Pada tahun 2025, Komite Audit melakukan penelaahan                               Throughout 2025, the Audit Committee reviewed the
terhadap kualitas, integritas, dan transparansi Laporan                          quality, integrity, and transparency of the Company’s
Keuangan Konsolidasian Perseroan. Selain itu, Komite                             Consolidated Financial Statements. The Audit
Audit juga melakukan penelaahan kebijakan dan praktik                            Committee also reviewed significant accounting
akuntansi penting yang dianut Perseroan, serta area                              policies adopted by the Company and key judgment
pertimbangan yang signifikan yang mempengaruhi                                   areas that materially affected the reported results.
secara material hasil yang dilaporkan.

Komite Audit meyakini bahwa Laporan Keuangan                                     The Audit Committee is of the opinion that the
Konsolidasian tersebut telah disajikan sesuai dengan                             Company’s Consolidated Financial Statements have
prinsip akuntansi yang berlaku umum di Indonesia.                                been prepared in accordance with generally accepted
                                                                                 accounting principles in Indonesia.

Laporan Keuangan Konsolidasian Perseroan 31 Desember                             The Consolidated Financial Statements of the Company
2025 telah diaudit oleh Kantor Akuntan Publik Liana                              as of 31 December 2025 were audited by KAP Liana
Ramon Xenia & Rekan dan dinyatakan dalam laporannya                              Ramon Xenia & Partner, which stated in its audit report
tertanggal 24 Maret 2026 bahwa laporan keuangan                                  dated 24 March 2026 that the financial statements were
tersebut telah disajikan secara wajar, dalam semua                               fairly presented, in all material respects, in accordance
hal yang material sesuai dengan Standar Akuntansi                                with Indonesian Financial Accounting Standards.
Keuangan Indonesia.

Kepatuhan terhadap Hukum dan Regulasi                                            Compliance with Laws and Regulations
Komite Audit telah melakukan penelaahan kepatuhan                                The Audit Committee reviewed the Company’s
Perseroan terhadap hukum dan regulasi, termasuk                                  compliance with applicable laws and regulations,
manajemen risiko. Komite Audit menyatakan bahwa                                  including risk management practices. Based on its best
sepanjang pengetahuan terbaiknya, tidak menemukan                                knowledge, the Audit Committee did not identify any
adanya ketidakpatuhan Perseroan terhadap peraturan                               instances of non-compliance with prevailing laws and
perundang-undangan yang berlaku.                                                 regulations during the year.

Manajemen Risiko                                                                 Risk Management

Komite Audit menilai bahwa sistem pengawasan internal,                           The Audit Committee assessed that the Company’s
kepatuhan, dan manajemen risiko Perseroan telah cukup                            internal control, compliance, and risk management
memadai untuk mengidentifikasi dan mengelola risiko-                             systems were generally adequate to identify and manage
risiko tersebut secara semestinya. Komite Audit juga                             the Company’s risks appropriately. The Audit Committee
menelaah dan memberikan saran kepada Direksi dan                                 also reviewed and provided recommendations to the
Dewan Komisaris terkait potensi benturan kepentingan                             Board of Directors and the Board of Commissioners
di Perseroan.                                                                    regarding potential conflicts of interest within the
                                                                                 Company.




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          Management Discussion and Analysis                        Good Corporate Governance                    Financial Reports




Pengembangan Kompetensi                                                      Competency Development of the Audit
                                                                             Committee

Kebijakan                                                                    Policy
Kebijakan pelatihan Komite Audit, terutama mengacu                           The competency development policy for the
pada Peraturan OJK No. 55/POJK.04/2015 tahun 2015                            Audit Committee refers to OJK Regulation No. 55/
tentang Pembentukan dan Pedoman Pelaksanaan                                  POJK.04/2015 on the Establishment and Guidelines
Kerja Komite Audit. Regulasi tersebut menegaskan                             for the Implementation of Audit Committee Work,
bahwa anggota komite harus bersedia meningkatkan                             which emphasizes that Audit Committee members are
kompetensi secara terus menerus melalui pendidikan                           required to continuously enhance their competencies
dan pelatihan.                                                               through education and training.

Realisasi                                                                    Implementation
Uraian tentang realisasi kegiatan pengembangan                               Details of competency development activities
kompetensi Komite Audit disampaikan melalui tabel di                         undertaken by members of the Audit Committee during
bawah ini:                                                                   the 2025 financial year are presented in the table below:



                                                                                            Tanggal
       Nama                 Jabatan            Jenis Pelatihan dan Seminar                                        Penyelenggara
                                                                                          Pelaksanaan
       Name                 Position             Type of Training / Seminar                                         Organizer
                                                                                              Date

                        Ketua
Ade Supandi                                    -                                      -                    -
                        Chairman
                                               Outlook Ekonomi dan
                                                                                      20 Februari 2025     OJK Institute
                                               Keuangan
                                                                                      20 February 2025
                                               Economic & Financial Outlook
                                               Akuntansi Aset Keuangan,
                                               Provisi, Imbalan Kerja, Pajak
                                               Tangguhan, dan Aspek                                        Ikatan Konsultan Pajak
                                               Perpajakannya                          7 Juli 2025          Indonesia
                                               Accounting for Financial               7 July 2025          Indonesian Tax
                                               Assets, Provisions, Employee                                Consultants Association
                                               Benefits, Deferred Tax, and Tax
                        Anggota                Aspects
Toni Setioko
                        Member                 Aset Tetap, Aset Tak Berwujud,
                                               dan Properti Investasi:                                     Ikatan Konsultan Pajak
                                               Perlakuan Akuntansi dan Pajak 8 September 2025              Indonesia
                                               Fixed Assets, Intangible Assets, 8 September 2025           Indonesian Tax
                                               and Investment Property:                                    Consultants Association
                                               Accounting & Tax Treatment
                                               Proses Bisnis Initial Public
                                                                                                           Asosiasi Emiten
                                               Offering (IPO) dan Dampak
                                                                                      10 Desember 2025     Indonesia
                                               Perpajakannya
                                                                                      10 December 2025     Indonesian Listed
                                               IPO Business Process and Its
                                                                                                           Companies Association
                                               Tax Implications
                                                                                                           KAP Liana Ramon Xenia
                                               Pelatihan PSAK dan Perpajakan          1 Desember 2025      & Rekan (Deloitte)
                                               PSAK & Taxation Training               1 December 2025      KAP Liana Ramon Xenia
Jennywati               Anggota                                                                            & Partners (Deloitte)
                        Member                                                                             Masyarakat Profesi
                                               Pelatihan Bidang Pasar Modal           12 Februari 2026     Penilai Indonesia (MAPPI)
                                               Capital Market Training                12 February 2026     Indonesian Society of
                                                                                                           Appraisers (MAPPI)




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Fungsi Nominasi dan Remunerasi
Nomination and Remuneration Function




Hingga akhir tahun buku 2025, Fungsi Nominasi dan Remunerasi di CDI Group
dilaksanakan sepenuhnya oleh Dewan Komisaris. Penetapan keputusan ini sesuai dengan
Pedoman dan Kode Etik (Board Charter) Direksi dan Dewan Komisaris.

As of the end of the 2025 financial year, the Nomination and Remuneration Function within CDI Group
was fully performed by the Board of Commissioners. This arrangement is in accordance with the
provisions stipulated in the Board Charter and Code of Ethics of the Board of Directors and the Board of
Commissioners.




Pedoman Kerja (Board Charter)                                          Nomination and Remuneration Charter

Untuk mendukung peran Fungsi Nominasi dan                              To support the implementation of the Nomination and
Remunerasi, Perseroan telah menyusun pedoman yang                      Remuneration Function, the Company has established a
disebut Piagam Komite Remunerasi, yang mencakup:                       Nomination and Remuneration Charter, which includes
                                                                       the following elements:
1. Pendahuluan                                                         1. Introduction
2. Organisasi                                                          2. Organization
3. Kedudukan                                                           3. Position
4. Pengangkatan dan Pemberhentian                                      4. Appointment and Dismissal
5. Masa Kerja                                                          5. Term of Office
6. Tugas dan Tanggung Jawab                                            6. Duties and Responsibilities
7. Tata Cara dan Prosedur Kerja                                        7. Work Procedures
8. Rapat Komite Remunerasi                                             8. Meetings
9. Pelaporan                                                           9. Reporting
10. Penutup                                                            10. Closing Provisions

Tugas dan Tanggung Jawab                                               Duties and Responsibilities

Fungsi Nominasi dan Remunerasi yang dilaksanakan                       The Nomination Function, performed by the Board of
oleh Dewan Komisaris bertindak secara profesional                      Commissioners, acts professionally in the interest of
untuk kepentingan Perseroan dan pihak-pihak terkait                    the Company and relevant stakeholders in accordance
lainnya sesuai dengan peraturan perundang-undangan.                    with prevailing laws and regulations. Its responsibilities
Tugas dan tanggung jawabnya adalah:                                    include:




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Fungsi Nominasi                                                 Nomination Function
1. Menyiapkan rekomendasi atas komposisi jabatan                1. Preparing     recommendations      regarding    the
   anggota Direksi dan/atau Dewan Komisaris;                       composition of positions of members of the Board
                                                                   of Directors and/or the Board of Commissioners;
2. Membuat kebijakan dan kriteria yang dibutuhkan               2. Establishing policies and criteria required in the
   dalam proses nominasi;                                          nomination process;
3. Membuat kebijakan evaluasi kinerja bagi anggota              3. Establishing performance evaluation policies for
   Direksi dan/atau anggota Dewan Komisaris;                       members of the Board of Directors and/or the Board
                                                                   of Commissioners;
4. Melakukan penilaian kinerja anggota Direksi dan/atau         4. Conducting performance evaluations of members
   Dewan Komisaris berdasarkan tolok ukur yang telah               of the Board of Directors and/or the Board
   disusun sebagai bahan evaluasi;                                 of Commissioners based on predetermined
                                                                   benchmarks as evaluation material;
5. Memberikan rekomendasi mengenai program                      5. Providing recommendations regarding competency
   pengembangan kemampuan anggota Direksi dan/                     development programs for members of the Board of
   atau anggota Dewan Komisaris; dan                               Directors and/or the Board of Commissioners; and
6. Memberikan usulan calon yang memenuhi syarat                 6. Proposing qualified candidates for members
   sebagai anggota Direksi dan/atau anggota                        of the Board of Directors and/or the Board of
   Dewan Komisaris kepada Dewan Komisaris untuk                    Commissioners to the Board of Commissioners to be
   disampaikan kepada RUPS.                                        submitted to the General Meeting of Shareholders.

Fungsi Remunerasi                                               Remuneration Function
Fungsi Remunerasi bertanggung jawab atas:                       The Remuneration Function is responsible for:
1. Memberikan rekomendasi kepada RUPS yang                      1. Providing recommendations to the General Meeting
   disampaikan oleh Dewan Komisaris mengenai                       of Shareholders, through the Board of Commissioners,
   struktur remunerasi;                                            regarding the remuneration structure;
2. Menentukan kebijakan dan besaran remunerasi                  2. Determining remuneration policies and amounts
   anggota Dewan Komisaris dan Direksi untuk disetujui             for members of the Board of Commissioners and
   oleh RUPS;                                                      the Board of Directors for approval by the General
                                                                   Meeting of Shareholders;
3. Melakukan kajian terhadap remunerasi didasarkan              3. Reviewing remuneration based on performance
   pada kajian atas hasil kerja, tingkat remunerasi                outcomes, remuneration levels in comparable
   pada industri yang sama, serta tujuan dan strategi              industries, and the Company’s objectives and
   kegiatan usaha Perseroan, yang diajukan kepada                  business strategies, to be submitted to the General
   rapat umum pemegang saham;                                      Meeting of Shareholders;
4. Melakukan penilaian kinerja dengan kesesuaian                4. Conducting performance evaluations to assess the
   remunerasi yang diterima masing-masing anggota                  appropriateness of remuneration received by each
   Direksi dan/atau Dewan Komisaris; dan                           member of the Board of Directors and/or the Board
                                                                   of Commissioners; and
5. Fungsi Remunerasi wajib bertindak independen                 5. Exercising independence in the performance of its
   dalam melaksanakan tugasnya.                                    duties.

Pelaksanaan Tugas Tahun Buku                                    Implementation During the Fiscal Year

Pelaksanaan Fungsi Nominasi dan Remunerasi menjadi              The implementation of the Nomination and Remuneration
bagian yang tidak terpisahkan dari pelaksanaan tugas            Function forms an integral part of the duties of the
Dewan Komisaris yang disajikan dan dipaparkan                   Board of Commissioners and is presented at the Annual
pada RUPS Tahunan melalui penyampaian Laporan                   General Meeting of Shareholders through the Board of
Pengawasan Dewan Komisaris.                                     Commissioners’ Supervisory Report.




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Sekretaris Perusahaan
Corporate Secretary




Sebagai upaya untuk meningkatkan transparansi,                         In line with the principles of Good Corporate
pelayanan, dan komunikasi kepada para pemangku                         Governance, CDI Group has appointed a Corporate
kepentingan sebagai penerapan prinsip-prinsip tata                     Secretary reporting directly to the Board of Directors,
kelola perusahaan yang baik, CDI Group menunjuk                        with the primary mandate of enhancing transparency,
Sekretaris Perusahaan yang bertanggung jawab                           strengthening    stakeholder    communication,     and
langsung kepada Direksi.                                               ensuring the timely and accurate dissemination of
                                                                       material information.

Sekretaris Perusahaan berperan penting dalam menjaga                   The Corporate Secretary serves a pivotal role in fostering
hubungan dengan seluruh pemangku kepentingan                           and maintaining relationship with all stakeholders while
untuk mengkomunikasikan kegiatan CDI Group dengan                      overseeing the effective communication of CDI Group
baik, terutama mengenai keterbukaan informasi. Hal ini                 activities, particularly with respect to information
sesuai dengan ketentuan yang diatur dalam Peraturan                    disclosure and transparency. The function is carried
Otoritas Jasa Keuangan No. 35/POJK.04/2014 tentang                     out in accordance with Financial Services Authority
Sekretaris Perusahaan Emiten atau Perusahaan Publik.                   Regulation No. 35/POJK.04/2014 concerning Corporate
                                                                       Secretaries of Issuers or Public Companies.

Tugas dan Tanggung Jawab                                               Duties and Responsibilities of the
                                                                       Corporate Secretary

Tugas dan tanggung jawab Sekretaris Perusahaan sesuai                  In accordance with the Corporate Secretary Charter,
yang ditetapkan pada Pedoman Sekretaris Perusahaan                     the duties and responsibilities of the Corporate
adalah sebagai berikut:                                                Secretary include:
1. Mengelola informasi yang berkaitan dengan                           1. Managing information related to the Company’s
   lingkungan bisnis dan melakukan korespondensi                           business      environment       and      maintaining
   dengan pihak-pihak yang berkepentingan dengan                           correspondence with capital market stakeholders,
   pasar modal, termasuk Otoritas Jasa Keuangan                            including the Financial Services Authority (OJK) and
   (OJK) dan Bursa Efek Indonesia (BEI);                                   the Indonesia Stock Exchange (IDX);
2. Memastikan Perseroan menerapkan prinsip-prinsip                     2. Ensuring the Company’s compliance with Good
   GCG dan mematuhi peraturan perundang-undangan                           Corporate Governance principles and applicable
   yang berlaku di bursa efek dan pasar modal, termasuk                    capital market laws and regulations, including the
   Undang-Undang Perseroan Terbatas;                                       Law on Limited Liability Companies;
3. Menyelenggarakan RUPS, Rapat Direksi dan Dewan                      3. Organizing General Meetings of Shareholders, and
   Komisaris, dan Rapat Direksi;                                           meetings of the Board of Directors, and meetings of
                                                                           the Board of Commissioners;
4. Menyelenggarakan kegiatan komunikasi antara                         4. Facilitating communication between Management
   Manajemen dengan para pemangku kepentingan                              and stakeholders to build and sustain the Company’s
   dalam rangka membangun citra Perusahaan; dan                            corporate image and reputation; and
5. Mengatur kegiatan kesekretariatan Manajemen CDI                     5. Managing the secretarial functions of CDI Group’s
   Group serta memfasilitasi hubungan Perusahaan/                          Management and fostering effective relationships
   Manajemen dengan para pemangku kepentingan.                             between the Company, its Management, and
                                                                           relevant stakeholders.




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          Management Discussion and Analysis             Good Corporate Governance                    Financial Reports




Profil Sekretaris Perusahaan                                      Profile of the Corporate Secretary

Efektif per tanggal 24 Desember 2025, Perseroan telah             Effective 24 December 2025, the Company appointed
menunjuk Merly yang juga menjabat sebagai anggota                 Merly, who also serves as a member of the Board of
Direksi Perseroan, untuk rangkap jabatan sebagai                  Directors, to concurrently hold the position of Corporate
Sekretaris Perusahaan Perseroan, menggantikan Jaka                Secretary, replacing Jaka Dibya Ananta. This change was
Dibya Ananta. Perubahan tersebut tertuang dalam                   stipulated under Circular Resolution in Lieu of a Meeting
Keputusan Edaran sebagai Pengganti Rapat Direksi PT               of the Board of Directors of PT Chandra Daya Investasi
Chandra Daya Investasi Tbk No. 005/LCM-CDI/BOD                    Tbk No. 005/LCM-CDI/BOD RES/XII/2025.
RES/XII/2025.

Profil Sekretaris Perusahaan telah disajikan pada bagian          The profile of the Corporate Secretary is presented
Profil Direksi yang terdapat pada Laporan Tahunan ini.            in the Profile of the Board of Directors chapter of this
                                                                  Annual Report.

Pelaksanaan Tugas                                                 Implementation of Duties During the Fiscal
                                                                  Year

Sepanjang tahun buku 2025, Sekretaris Perusahaan                  Throughout the 2025 fiscal year, the Corporate
telah merealisasikan program yang merupakan bagian                Secretary carried out programs in line with assigned
dari tugas dan tanggung jawabnya.                                 duties and responsibilities, as summarized below:


                     Program Kerja                                            Pelaksanaan Tugas
                        Activity                                                  Description

                                                1 kali
Site Visit
                                                1 time
                                                •   Rapat Dewan Komisaris dilaksanakan sebanyak 5 kali
                                                •   Rapat Direksi dilaksanakan sebanyak 12 kali
                                                •   Rapat Gabungan Dewan Komisaris dan Direksi dilaksanakan
Rapat dan Telekomunikasi                            sebanyak 2 kali
Meetings & Telecommunications                   •   Board of Commissioners meetings held 5 times
                                                •   Board of Directors meetings held 12 times
                                                •   Joint Board of Commissioners and Board of Directors
                                                    meetings were held 2 times
Siaran Pers                                     10 kali
Press Release                                   10 times


Pengembangan Kompetensi                                           Competency Development

Pengembangan kompetensi Sekretaris Perusahaan                     The Corporate Secretary's competency development
disajikan pada pengembangan kompetensi Direksi yang               is presented in the Board of Directors' competency
terdapat pada Laporan Tahunan ini.                                development section of this Annual Report.




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Unit Audit Internal
Internal Audit Unit




Untuk memenuhi ketentuan POJK No. 56/POJK.04/2015,                     To comply with OJK Regulation No. 56/POJK.04/2015,
Perseroan telah membentuk Piagam Unit Audit Internal                   the Company established an Internal Audit Unit Charter
tanggal 12 Maret 2025 yang ditandatangani oleh Direksi                 dated 12 March 2025, which was signed by the Board of
dan Dewan Komisaris Perseroan.                                         Directors and approved by the Board of Commissioners.

Pedoman Kerja                                                          Internal Audit Charter

Unit Audit Internal telah memiliki Piagam Audit Internal               The Internal Audit Unit has adopted an Internal Audit
(Board Charter), yang ditetapkan secara bersama                        Charter, which was jointly established by the President
oleh Direktur Utama Perseroan dan disetujui Dewan                      Director and approved by the Board of Commissioners
Komisaris pada 12 Maret 2025. Rincian pedoman                          on 12 March 2025. The Charter includes, among others:
tersebut mencakup:
1. Pendahuluan                                                         1. Introduction
2. Struktur dan Kedudukan                                              2. Structure and Position
3. Persyaratan sebagai Auditor Internal                                3. Qualifications of Internal Auditors
4. Ruang Lingkup Kerja                                                 4. Scope of Work
5. Tanggung Jawab                                                      5. Responsibilities
6. Kewenangan                                                          6. Authorities
7. Pelaporan                                                           7. Reporting
8. Independensi dan Objektivitas                                       8. Independence and Objectivity
9. Kode Etik                                                           9. Code of Ethics
10. Koordinasi dengan Penyedia Layanan Asurans                         10. Coordination with Other Assurance Service
    Lainnya                                                                Providers
11. Pemberlakuan                                                       11. Implementation
12. Program Evaluasi dan Perbaikan Kualitas Audit                      12. Effectiveness and Quality Improvement Program

Tanggung Jawab dan Wewenang                                            Duties and Authorities of
                                                                       the Internal Audit Unit

Tanggung Jawab                                                         Responsibilities
Unit Audit Internal bertanggung jawab atas:                            The Internal Audit Unit is responsible for:
1. Menyusun dan melaksanakan rencana audit yang                        1. Preparing and implementing an approved audit plan;
   telah disetujui.
2. Menguji dan mengevaluasi pelaksanaan pengendalian                   2. Examining and evaluating the implementation of
   internal dan manajemen risiko sesuai dengan                            internal control and risk management in accordance
   kebijakan Perseroan.                                                   with Company policies.
3. Memberikan saran perbaikan dan informasi yang                       3. Providing    objective     recommendations      and
   objektif atas semua kegiatan yang diaudit pada                         information on audited activities at all management
   semua tingkatan manajemen.                                             levels.
4. Membuat laporan hasil audit dan menyampaikannya                     4. Preparing audit reports and submitting them to the
   kepada Presiden Direktur Perseroan dan Dewan                           President Director and the Board of Commissioners
   Komisaris melalui Komite Audit.                                        through the Audit Committee.
5. Memantau,        menganalisis,   dan     melaporkan                 5. Monitoring, analyzing, and reporting follow-up
   pelaksanaan langkah-langkah perbaikan yang telah                       actions taken on audit recommendations;
   disarankan sebagai tindak lanjut proses audit.
6. Bekerja sama dengan Komite Audit.                                   6. Cooperating with the Audit Committee; and
7. Menyusun program untuk mengevaluasi mutu                            7. Developing programs to evaluate and improve the
   kegiatan internal audit.                                               quality of internal audit activities.



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          Management Discussion and Analysis                     Good Corporate Governance                   Financial Reports




Wewenang                                                                Authorities
Dalam melaksanakan tugasnya, Unit Audit Internal                        In performing its duties, the Internal Audit Unit is
berwenang untuk:                                                        authorized to:
1. Akses yang menyeluruh, bebas dan tidak terbatas                      1. Have full, free, and unrestricted access to all
   atas seluruh catatan, properti dan karyawan                             records, properties, and personnel of the Company
   Perseroan yang berhubungan dengan penugasan                             related to audit assignments, while maintaining the
   audit dan bertanggung jawab untuk menjaga                               confidentiality of such records and information.
   kerahasiaan dan keberadaan dari catatan dan
   informasi tersebut.
2. Melakukan komunikasi secara langsung dengan                          2. Communicate directly with the Board of Directors,
   Direksi, Dewan Komisaris, dan/atau Komite Audit,                        the Board of Commissioners, and/or the Audit
   serta anggota dari Direksi, Dewan Komisaris dan/                        Committee.
   atau Komite Audit.
3. Mengadakan rapat secara berkala dan insidentil                       3. Hold regular and incidental meetings with the Board
   dengan Direksi, Dewan Komisaris, dan/atau Komite                        of Directors, the Board of Commissioners, and/or the
   Audit.                                                                  Audit Committee.
4. Melakukan koordinasi kegiatannya dengan auditor                      4. Coordinate activities with external auditors.
   eksternal.
5. Meminta atau memperoleh dukungan dari karyawan                       5. Request assistance from internal employees or
   internal Perseroan atau pihak eksternal, jika                           external parties, if necessary, in carrying out audit
   dibutuhkan, ketika melaksanakan audit.                                  activities; and
6. Menentukan fokus, skedul, ruang lingkup kerja, teknik                6. Determine audit focus, schedule, scope of work,
   dan prosedur audit, serta mengalokasikan sumber                         audit techniques and procedures, and allocate
   daya yang ada guna mencapai tujuan-tujuan dari                          available resources to achieve audit objectives.
   rencana audit yang telah disetujui.


                                               Struktur dan Kedudukan Audit Internal
                                                 Internal Audit Structure and Position



                            Direktur Utama
                           President Director


                                                                                              Komite Audit
                                                                                             Audit Committee

                         Kepala Unit Audit
                              Internal
                        Head of Internal Audit
                                 Unit




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1.     Divisi Internal Audit dipimpin oleh Kepala Divisi                   1. The Internal Audit Unit is led by the Head of Internal
       Internal Audit (Chief Internal Audit).                                 Audit (Chief Internal Audit).
2.     Kepala Divisi Internal Audit diangkat dan                           2. The Head of Internal Audit is appointed and dismissed
       diberhentikan oleh Presiden Direktur Perseroan atas                    by the President Director with the approval of the
       persetujuan Dewan Komisaris.                                           Board of Commissioners.
3.     Presiden Direktur Perseroan berwenang untuk                         3. The President Director is authorized to dismiss the
       memberhentikan Kepala Divisi Internal Audit setelah                    Head of Internal Audit, with the approval of the Board
       mendapat persetujuan dari Dewan Komisaris,                             of Commissioners, if the Head of Internal Audit fails
       jika Kepala Divisi Internal Audit tidak memenuhi                       to meet the qualifications stipulated in the Charter
       persyaratan sebagai auditor Divisi Internal Audit                      and/or is deemed incapable of performing duties.
       sebagaimana diatur dalam piagam ini dan/atau gagal
       atau tidak cakap dalam menjalankan tugas.
4.     Kepala Divisi Internal Audit bertanggung jawab                      4. The Head of Internal Audit reports directly to the
       kepada Presiden Direktur Perseroan.                                    President Director.
5.     Auditor Divisi Internal Audit bertanggung jawab                     5. Internal Audit staff report directly to the Head of
       secara langsung kepada Kepala Divisi Internal Audit.                   Internal Audit.
6.     Setiap pengangkatan atau pemberhentian Kepala                       6. Any appointment or dismissal of the Head of Internal
       Divisi Internal Audit harus segera diberitahukan                       Audit must be promptly reported to the Financial
       kepada Otoritas Jasa Keuangan.                                         Services Authority (OJK).

Pihak yang Mengangkat dan                                                  Appointment and Dismissal Authority
Memberhentikan

Kepala Divisi Internal Audit diangkat dan diberhentikan                    The Head of the Internal Audit Unit is appointed and
oleh Presiden Direktur Perseroan atas persetujuan                          dismissed by the President Director with the approval
Dewan Komisaris.                                                           of the Board of Commissioners.




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    Setyo Nugroho Putro
            Kepala Unit Audit Internal
            Head of Internal Audit Unit


  Kewarganegaraan | Citizenship                                Indonesia | Indonesian
  Usia | Age                                                   37 tahun | years old
  Domisili | Domicile                                          Indonesia




Dasar Pengangkatan
Appointment Basis
Berdasarkan Surat Keputusan Direksi Perseroan No. HR/ Decree of the Board of Directors No. HR/SK-25-0128
SK-25-0128 tanggal 4 Maret 2025.                      dated 4 March 2025
Riwayat Pendidikan
Education
• Sarjana Teknik Kimia dari Institut Teknologi Sepuluh       • Bachelor’s Degree in Chemical Engineering, Institut
  Nopember (2010)                                              Teknologi Sepuluh Nopember (2010)
Riwayat Pekerjaan
Employment History
• Internal Audit Head, PT Chandra Asri Pacific Tbk           • Head of Internal Audit, PT Chandra Asri Pacific Tbk
  (2022-sekarang)                                              (2022–present)
• Senior Auditor, PT Chandra Asri Pacific Tbk                • Senior Auditor, PT Chandra Asri Pacific Tbk (2017–
  (2017-2022)                                                  2022)
• Project Engineer, PT Chandra Asri Pacific Tbk              • Project Engineer, PT Chandra Asri Pacific Tbk
  (2014-2017)                                                  (2014–2017)
• Production Engineer, PT Chandra Asri Pacific Tbk           • Production Engineer, PT Chandra Asri Pacific Tbk
  (2010-2014)                                                  (2010–2014)
Rangkap Jabatan
Concurrent Position
Internal Audit Head, PT Chandra Asri Pacific Tbk             Head of Internal Audit, PT Chandra Asri Pacific Tbk

Keanggotaan
Affiliation
Tidak memiliki hubungan afiliasi dengan Direksi,             Has no affiliation with the Board of Directors, Board of
Dewan Komisaris, maupun Pemegang Saham Utama/                Commissioners, or Controlling Shareholders.
Pengendali.




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Kualifikasi/Sertifikasi Profesi                                               Professional Qualifications and
                                                                              Certifications

Untuk memastikan pengendalian internal berjalan                               To ensure effective internal control and reliable audit
secara optimal serta menghasilkan temuan audit yang                           results, personnel of the Internal Audit Unit participate
dapat diandalkan, setiap personel Unit Audit Internal                         in professional education and certification programs.
memperoleh pendidikan dan sertifikasi profesi audit.                          Certifications obtained include:
Beberapa pendidikan dan sertifikasi yang diikuti adalah
sebagai berikut:


         Sertifikat Profesional                            Jumlah Personal                                       Jabatan
        Professional Certification                          Total Personnel                                      Position

                                                                                                   Kepala Unit Audit Internal
Qualified Internal Auditor                                                1
                                                                                                   Head of Internal Audit Unit

Rapat Unit Audit Internal                                                     Meetings of the Internal Audit Unit

Kebijakan                                                                     Policy
Unit Audit Internal mengadakan rapat koordinasi internal                      The Internal Audit Unit holds internal coordination
untuk membahas progres pekerjaan audit yang tengah                            meetings to discuss the progress of ongoing audit
berjalan. Selain itu, Unit Audit Internal juga mengadakan                     activities. In addition, meetings are held with the Audit
rapat dengan Komite Audit untuk mengomunikasikan                              Committee to communicate audit findings after audit
temuan hasil audit, setelah menjalankan penugasan                             assignments are conducted in accordance with the
audit sesuai rencana audit yang telah disetujui                               approved audit plan.
sebelumnya oleh Presiden Direktur dan Komite Audit.

Frekuensi Rapat                                                               Meeting Frequency
Sepanjang tahun 2025, Unit Audit Internal melaksanakan                        Throughout the 2025 financial year, the Internal Audit
rapat sebanyak 4 (empat) kali. Rincian kehadirannya                           Unit held four (4) meetings, with the following details:
diuraikan dalam tabel di bawah ini:


                                                                                   Rapat dengan
                                                                                    Meeting with

                                             Direksi                             Dewan Komisaris                  Komite Audit
                                        Board of Directors                    Board of Commissioners             Audit Committee

Jumlah Rapat
                                                  -                                        -                                4
Total Meetings



Realisasi Pengembangan Kompetensi                                             Competency Development Realization


                                                                                   Waktu dan Tempat
               Nama Peserta              Jenis/Tema Pelatihan                                                          Penyelenggara
 No.                                                                                Penyelenggaraan
              Participant Name           Type/Theme of Training                                                          Organizer
                                                                                Date and Place of the Event

                                        Enterprise Risk                        16-17 April 2025
   1     Setyo Nugroho P.                                                                                         SGS Academy
                                        Management                             16-17 April 2025

                                                                               11-12 Juni 2025                    Revolution Mind
  2      Setyo Nugroho P.               Audit Investigation
                                                                               11-12 June 2025                    Indonesia




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Sistem Pengendalian Internal
Internal Control System




Sistem Pengendalian Intern (SPI) di lingkungan CDI             The Internal Control System (ICS) within CDI Group is
Group merupakan komponen penting dalam manajemen               a critical component of Company management and
Perseroan dan menjadi dasar bagi kegiatan operasional          serves as the foundation for sound and secure business
Perseroan yang sehat dan aman. SPI yang efektif                operations. An effective ICS assists the Company in
dapat membantu Perseroan menjaga aset, menjamin                safeguarding assets, ensuring reliable financial and
tersedianya pelaporan keuangan dan manajerial yang             managerial reporting, enhancing compliance with
dapat dipercaya, meningkatkan kepatuhan Perseroan              laws and regulations, and reducing the risk of losses,
terhadap ketentuan dan peraturan perundang-                    irregularities, and violations of prudential principles.
undangan, serta mengurangi risiko terjadinya kerugian,
penyimpangan, dan pelanggaran aspek kehati-hatian.

Sistem Pengendalian Bidang Keuangan                            Financial Control System

Perseroan melakukan pengawasan dan penelaahan                  The Company conducts periodic monitoring and review
sistem pengendalian keuangan internal secara                   of its internal financial control system through internal
periodik oleh auditor internal dan auditor eksternal.          auditors and external auditors. Financial controls
Pengendalian keuangan meliputi proses pengumpulan,             cover processes related to the collection, analysis, and
analisis dan evaluasi data keuangan, menentukan dan            evaluation of financial data, determination and regulation
mengatur akses dan alokasi keuangan, kepatuhan                 of financial access and allocation, and compliance with
terhadap peraturan dan kebijakan Perseroan yang telah          Company policies and procedures.
ditetapkan.

Sistem Pengendalian Bidang Operasional                         Operational Control System

Pengendalian operasional merupakan pengendalian                Operational controls are implemented through reporting
melalui laporan dan pengawasan terhadap setiap                 and supervision of business activities to ensure that
aktivitas operasional bisnis Perseroan yang dirancang          the Company’s operations are conducted effectively,
untuk memastikan bahwa kegiatan operasional                    efficiently, and in accordance with established policies
Perseroan berjalan secara efektif dan efisien serta            and procedures.
sesuai dengan kebijakan dan prosedur yang telah
ditetapkan.

Sistem Pengendalian Bidang Kepatuhan                           Compliance with Laws and Regulations
terhadap Perundang-undangan

Perseroan senantiasa memutakhirkan kepatuhan                   The Company consistently updates its compliance with
terhadap regulasi dan peraturan yang relevan dengan            regulations and requirements relevant to its business.
bisnis Perseroan. Dalam pelaksanaannya, selain                 In practice, this is carried out through periodic reviews
pemutakhiran dan evaluasi secara berkala, Perseroan            and updates, complemented by ongoing internal
juga melakukan sosialisasi kepada seluruh karyawan.            dissemination to ensure that all employees remain well-
                                                               informed and aligned.

Upaya untuk meningkatkan kepatuhan Perseroan                   Efforts to strengthen regulatory compliance are also
terhadap regulasi dan perundang-undangan juga                  supported by external parties, such as Public Accounting
dilakukan oleh pihak eksternal, seperti Kantor Akuntan         Firms. Internally, compliance implementation is directly




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Publik (KAP). Di lingkungan internal, pelaksanaan                      overseen by the Board of Commissioners and the
kepatuhan juga langsung dikontrol oleh Dewan Komisaris                 Board of Directors. In addition, the Audit Committee
dan Direksi. Selain itu, Komite Audit juga melakukan                   conducts regular reviews of the Company’s adherence
penelaahan terhadap kepatuhan Perseroan terhadap                       to applicable laws and regulations, including its risk
hukum dan regulasi, termasuk manajemen risiko.                         management practices.

Tinjauan Efektivitas Sistem Pengendalian                               Review of the Effectiveness of the Internal
Internal                                                               Control System

Perseroan mengevaluasi sistem pengendalian internal                    The Company evaluates the effectiveness of its internal
secara berkala setiap tahun. Hal itu dilakukan oleh Unit               control system annually. Evaluations are conducted by
Audit Internal dan Kantor Akuntan Publik (KAP). Hasil                  the Internal Audit Unit and external auditors, with results
evaluasinya selalu dikomunikasikan ke pihak manajemen.                 communicated to Management.

Unit Audit Internal bertugas mengomunikasikan hasil                    The Internal Audit Unit reports audit results to the
audit atas pengendalian internal, baik pada suatu                      President Director, relevant Directors, and the Audit
unit-unit atau aktivitas tertentu, dalam laporan hasil                 Committee. External auditors communicate the results
audit yang disampaikan kepada Presiden Direktur,                       of internal control evaluations through management
Direktur terkait, dan Komite Audit. Sedangkan KAP                      letters addressed to the Board of Directors.
mengomunikasikan hasil evaluasi pengendalian internal
Perseroan melalui penyampaian Management letter
kepada Direksi.

Pemantauan pengendalian internal dilakukan sepanjang                   Monitoring of internal controls is carried out continuously
waktu melalui tindak lanjut atas hasil audit internal                  through follow-up actions on internal and external audit
dan eksternal. Komite Audit secara khusus memonitor                    findings. The Audit Committee specifically monitors
tindak lanjut atas hasil audit yang berdampak strategis                follow-up actions on audit findings that have strategic
terhadap efektivitas sistem pengendalian internal                      implications for the effectiveness of the Company’s
Perseroan.                                                             internal control system.

Berdasarkan hasil audit internal yang sudah dilakukan                  Based on internal audits conducted during 2025, the
selama tahun 2025, Unit Audit Internal menilai bahwa                   Internal Audit Unit concluded that the existing internal
sistem pengendalian internal yang ada sudah memadai                    control system is generally adequate and effective.
dan cukup efektif. Namun demikian masih diperlukan                     Nevertheless, certain improvements remain necessary
sejumlah perbaikan untuk meningkatkan efektivitas dari                 to further enhance effectiveness through follow-up on
sistem pengendalian internal tersebut, yaitu dengan                    recommendations from both internal and external audit
menindaklanjuti masukan baik dari hasil audit internal                 results.
maupun eksternal yang telah disampaikan sebelumnya.

Pernyataan Direksi dan/atau Dewan                                      Statement of the Board of Directors and/or
Komisaris atas Kecukupan Sistem                                        Board of Commissioners on the Adequacy
Pengendalian Internal                                                  of the Internal Control System

Direksi, Dewan Komisaris Perseroan, dan Komite Audit                   The Board of Directors, Board of Commissioners, and
Perseroan mengadakan pembahasan secara periodik                        the Audit Committee periodically discuss identified
terkait kelemahan-kelemahan serta upaya perbaikan                      weaknesses and improvement measures related to
yang dapat dilakukan sehubungan dengan bisnis                          the Company’s business operations. Regular reporting
Perseroan. Laporan yang teratur dapat membantu                         supports management oversight and corrective actions
manajemen untuk melakukan pengawasan dan                               for financial and operational activities.
perbaikan atas aktivitas keuangan dan operasional.

Perseroan juga memastikan bahwa manajemen                              The Company ensures that management possesses the
memiliki kompetensi dan integritas dalam menjalankan                   competence and integrity required to perform duties
pekerjaannya untuk memastikan bahwa sistem                             effectively, ensuring that the internal control system
pengendalian internal berjalan sesuai dengan yang telah                operates as intended. As of the reporting period, the
ditetapkan. Hingga saat ini, SPI di lingkungan Perseroan               Company’s internal control system is considered
telah memadai.                                                         adequate.


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            Management Discussion and Analysis                       Good Corporate Governance                       Financial Reports




Sistem Manajemen Risiko
Risk Management System




Gambaran Umum Sistem Manajemen Risiko                                         Overview of Risk Management System

CDI Group menyadari adanya risiko sebagai bagian                              CDI Group recognizes that risk is an inherent aspect
dari operasi bisnisnya. Karena itu, Perseroan telah                           of its business operations. Accordingly, the Company
menetapkan kerangka kerja manajemen risiko                                    has established a structured and comprehensive risk
yang terperinci dan terstruktur sebagai rujukan                               management framework to identify, assess, and mitigate
ketika menghadapi risiko, memastikan bahwa risiko                             risks, ensuring business continuity and operational
tersebut dimitigasi demi kelancaran operasi bisnis.                           sustainability. Through this framework, the Company is
Langkah-langkah ini memungkinkan Perseroan untuk                              equipped to determine its risk and deploy appropriate
mengidentifikasi tingkat risiko dan strategi yang tepat                       mitigation strategies in a timely and disciplined manner.
untuk mengatasinya.

Jenis Risiko dan Pengelolaannya                                               Types of Risks and Mitigation Measures
CDI Group telah mengidentifikasi beragam risiko yang                          CDI Group has identified various risks that may affect
berpengaruh terhadap Perseroan. Rinciannya adalah                             the Company’s business continuity, operational
sebagai berikut:                                                              performance, and financial position. These risks and the
                                                                              corresponding mitigation measures are outlined below:



                        Jenis Risiko                                                     Upaya Mitigasi
 No.                     Risk Types                                                      Mitigation Effort
            Risiko Utama yang Berpengaruh Signifikan terhadap Kelangsungan Usaha Grup
   A
            Principal Risks with Significant Impact on the Group’s Business Continuity

                                                    1.   Menjaga keunggulan operasional dan kualitas layanan untuk
                                                         mempertahankan kepercayaan pelanggan strategis.
                                                    2.   Melakukan diversifikasi basis pelanggan dengan mengakuisisi
                                                         pelanggan baru dari sektor industri yang beragam.
                                                    3.   Mengembangkan portofolio layanan baru yang dapat ditawarkan
                                                         kepada pelanggan potensial.
                                                    4.   Menjalin komunikasi intensif dengan pelanggan strategis untuk
                                                         memahami kebutuhan dan ekspektasi yang berkembang sehingga
            Risiko Ketergantungan
                                                         dapat mengantisipasi perubahan persyaratan layanan.
   1        Pelanggan
                                                    1.   Maintaining operational excellence and service quality to sustain the
            Customer Dependency Risk
                                                         trust of strategic customers.
                                                    2.   Diversifying the customer base by acquiring new customers from
                                                         various industrial sectors.
                                                    3.   Developing new service portfolios that can be offered to potential
                                                         customers.
                                                    4.   Establishing intensive communication with strategic customers to
                                                         understand evolving needs and expectations in order to anticipate
                                                         changes in service requirements.




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                                                 Ikhtisar Kinerja                 Laporan Manajemen         Profil Perusahaan
                                                 Performance Highlights           Management Reports        Company Profile




                     Jenis Risiko                                                 Upaya Mitigasi
No.                   Risk Types                                                  Mitigation Effort

        Risiko Usaha yang Memengaruhi Kinerja Operasional dan Posisi Keuangan Grup
 B
        Business Risks Affecting the Group’s Operational Performance and Financial Position

       Risiko bagi Perseroan
 1
       Risks to the Company

                                                 Perseroan melakukan due diligence yang lengkap dan komprehensif,
                                                 analisis kesesuaian dengan rencana pengembangan jangka panjang,
                                                 serta penetapan kriteria investasi yang ketat dengan pertimbangan yang
        Risiko investasi atau aksi
                                                 matang, untuk meminimalkan potensi risiko yang mungkin timbul dari
        Korporasi
  a                                              setiap aksi korporasi.
        Investment or Corporate
                                                 The Company conducts thorough and comprehensive due diligence,
        Action Risk
                                                 alignment analysis with long-term development plans, and establishes
                                                 strict investment criteria based on prudent considerations to minimize
                                                 potential risks arising from corporate actions.

        Risiko terkait Kegiatan Usaha di Bidang Energi Kelistrikan
 2
        Risks Related to Electricity Generation Business Activities

                                                 Perseroan melakukan pemantauan secara aktif terhadap perkembangan
                                                 dan perubahan regulasi ketenagalistrikan. Perseroan juga berpartisipasi
                                                 dalam asosiasi industri yang relevan untuk mendapatkan informasi terkini
        Risiko kegagalan Perseroan
                                                 serta menyampaikan aspirasi kepada regulator. Untuk mengantisipasi
        memenuhi peraturan
                                                 perubahan regulasi, Perseroan menyusun rencana kontingensi serta
        perundang-undangan yang
                                                 melakukan konsultasi berkala dengan penasihat hukum yang memiliki
        berlaku di bidang energi
  a                                              keahlian di bidang hukum energi.
        kelistrikan
                                                 The Company actively monitors developments and changes in electricity
        Risk of Non-Compliance
                                                 sector regulations. The Company also participates in relevant industry
        with Applicable Electricity
                                                 associations to obtain up-to-date information and convey aspirations
        Regulations
                                                 to regulators. To anticipate regulatory changes, the Company maintains
                                                 contingency plans and conducts periodic consultations with legal
                                                 advisors specializing in energy law.
                                                 Perseroan menerapkan program pemeliharaan terjadwal untuk
                                                 meminimalkan risiko kegagalan operasional peralatan pembangkit listrik
                                                 dan peralatan Transmisi dan Distribusi. Perseroan juga memiliki prosedur
        Gangguan Operasional
                                                 respons darurat yang terstandardisasi dan tim teknisi untuk menangani
        pada Pembangkit Listrik dan
                                                 berbagai skenario gangguan operasional serta antisipasi kejadian force
        Transmisi & Distribusi
                                                 majeure.
 b      Operational Disruptions
                                                 The Company implements scheduled maintenance programs to minimize
        at Power Plants and
                                                 the risk of operational failure across its power generation, transmission,
        Transmission & Distribution
                                                 and distribution equipment. The Company also has established
        Facilities
                                                 standardized emergency response procedures and dedicated technical
                                                 teams capable of addressing a broad range of operational disruption
                                                 scenarios, including force majeure events.
                                                 Perseroan telah mengembangkan strategi preventif terhadap
                                                 ketergantungan dengan membeli komponen dari berbagai vendor untuk
                                                 komponen tertentu, melakukan pengadaan suku cadang secara terjadwal
                                                 dengan mempertimbangkan lead time pengiriman, serta membangun
        Ketergantungan pada Vendor               manajemen inventori suku cadang yang memadai. Perseroan juga
        Tertentu dalam Memperoleh                menjalin kemitraan jangka panjang dengan vendor utama melalui
        Suku Cadang                              perjanjian yang menjamin ketersediaan dan harga yang kompetitif untuk
 c
        Dependency on Certain                    suku cadang strategis.
        Vendors for Spare Parts                  The Company has implemented a multi-vendor sourcing strategy,
        Procurement                              supported by disciplined spare parts procurement scheduling that
                                                 accounts for delivery lead times and maintaining adequate inventory
                                                 buffers. The Company also maintains long-term partnerships with key
                                                 vendors through agreements that ensure availability and competitive
                                                 pricing of strategic spare parts.




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         Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                          Laporan Keuangan
         Management Discussion and Analysis                 Good Corporate Governance                       Financial Reports




                      Jenis Risiko                                              Upaya Mitigasi
No.                    Risk Types                                               Mitigation Effort

         Pembangkit listrik Perseroan
                                              Perseroan mengelola risiko pasokan gas bumi melalui mekanisme kontrak
         bergantung pada pemasok
                                              pasokan gas dengan PGN, meliputi klausul jaminan pasokan. Perseroan
         gas bumi untuk memasok gas
                                              akan senantiasa berusaha untuk menjaga hubungan baik dengan PGN,
         bumi yang dibutuhkan dalam
                                              selain itu Perseroan juga akan memastikan para pihak mematuhi syarat
         menghasilkan listrik bagi
                                              dan ketentuan yang ada di dalam kontrak.
  d      pelanggan Perseroan
                                              The Company manages gas supply risks through gas supply contracts
         The Company's power plants
                                              with PGN, including supply assurance clauses. The Company
         rely on natural gas suppliers
                                              continuously strives to maintain good relationships with PGN and
         to supply the natural gas
                                              ensures all parties comply with the terms and conditions stipulated in
         needed to generate electricity
                                              the contracts.
         for the Company's customers.
                                              Guna mengelola risiko perubahan teknologi, Perseroan terus berupaya
                                              untuk mengikuti perkembangan teknologi terkini, melakukan penelitian
                                              dan pengembangan di bidang energi kelistrikan. Peningkatan teknologi,
                                              keandalan dan efisiensi produk yang ditawarkan oleh Perseroan akan
                                              membantu Perseroan mempertahankan pelanggan serta menarik
         Risiko Perubahan Teknologi
  e                                           pelanggan baru.
         Technological Change Risk
                                              To manage technological change risks, the Company continuously keeps
                                              up with the latest technological developments and conducts research
                                              and development in the electricity sector. Enhancements in technology,
                                              reliability, and efficiency of the Company’s products help retain existing
                                              customers and attract new ones.

         Risiko Terkait Kegiatan Usaha di Bidang Logistik
  3
         Risks Related to Logistics Business Activities

                                              Perseroan mengelola risiko dalam memenuhi peraturan perundang-
         Risiko Kegagalan Perseroan           undangan di bidang logistik maritim dengan cara melakukan pemantauan
         Memenuhi Peraturan                   aktif terhadap perkembangan regulasi dan memastikan kepatuhan
         Perundang-undangan yang              terhadap standar keselamatan pelayaran, persyaratan teknis kapal,
         Berlaku di Bidang Logistik           ketentuan ketenagakerjaan maritim, serta protokol lingkungan yang ketat.
  a
         Risk of Failure to Comply            The Company manages regulatory compliance risks in maritime
         with Applicable Laws and             logistics by actively monitoring regulatory developments and
         Regulations in the Field of          ensuring compliance with maritime safety standards, vessel technical
         Logistics                            requirements, maritime labor regulations, and strict environmental
                                              protocols.
                                         Perseroan menerapkan sistem perencanaan logistik dengan
                                         mempertimbangkan variabel kondisi cuaca dalam penjadwalan
                                         pengiriman. Perseroan mengimplementasikan buffer waktu dalam
         Risiko Ketidakmampuan
                                         perencanaan pengiriman untuk mengantisipasi potensi keterlambatan
         Perseroan Menjalankan
                                         akibat kondisi cuaca, serta menjalin komunikasi proaktif dengan
         Kewajibannya berdasarkan
                                         pelanggan untuk mengelola ekspektasi dan melakukan penyesuaian
  b      Kontrak
                                         jadwal bila diperlukan.
         Risk of the Company's Inability
                                         The Company applies logistics planning systems that integrate for
         to Perform its Obligations
                                         weather conditions in delivery scheduling. Time buffers are incorporated
         Under the Contract
                                         to mitigate potential delays, and proactive communication with
                                         customers is maintained to manage expectations and adjust schedules
                                         when necessary.




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                                            Ikhtisar Kinerja               Laporan Manajemen         Profil Perusahaan
                                            Performance Highlights         Management Reports        Company Profile




                     Jenis Risiko                                          Upaya Mitigasi
No.                   Risk Types                                           Mitigation Effort

                                       Perseroan memprioritaskan aspek keselamatan maritim melalui
                                       implementasi Sistem Manajemen Keselamatan (Safety Management
                                       System). Perseroan juga menerapkan prosedur navigasi yang ketat
                                       dengan mempertimbangkan kondisi cuaca dan lingkungan, serta
                                       melakukan pemeliharaan preventif pada seluruh peralatan keselamatan
        Risiko Kerugian dan/atau       dan navigasi. Perseroan telah memiliki berbagai jenis pertanggungan
        Kecelakaan Maritim             asuransi melalui polis yang diterbitkan dari perusahaan asuransi
 c
        Risk of Maritime Losses and/or internasional.
        Accidents                      The Company prioritizes maritime safety through the implementation of
                                       a Safety Management System. Strict navigation procedures are applied
                                       with due consideration to weather and environmental conditions,
                                       supported by preventive maintenance of all safety and navigation
                                       equipment. The Company is covered by various insurance policies issued
                                       by international insurance providers.
                                            Perseroan menerapkan program pemeliharaan armada berbasis kondisi
                                            (condition-based maintenance) yang didukung teknologi pemantauan
                                            real-time untuk mengidentifikasi potensi kerusakan sejak dini. Perseroan
                                            juga melakukan docking terjadwal sesuai dengan ketentuan klasifikasi
                                            serta memiliki standar operasional kapal yang ketat untuk meminimalkan
        Risiko atas Kerusakan Kapal-        risiko kerusakan. Perseroan telah memiliki berbagai jenis pertanggungan
        kapal Perseroan                     asuransi melalui polis yang diterbitkan dari perusahaan asuransi
 d
        Risk of Damage to the               internasional.
        Company’s Vessels                   The Company implements condition-based fleet maintenance supported
                                            by real-time monitoring technology to identify potential damage early.
                                            Scheduled docking in accordance with classification requirements
                                            and strict vessel operational standards are enforced. The Company is
                                            protected by various insurance policies issued by international insurance
                                            providers.
                                            Guna memitigasi risiko persaingan usaha di bidang logistik, Perseroan
                                            akan berfokus membangun reputasi yang solid, antara lain menjaga
                                            hubungan baik dengan konsumen, komitmen untuk menjaga dan
                                            memantau kondisi kapal, melakukan perbaikan secara rutin serta
        Risiko Persaingan Usaha di          pengelolaan bisnis secara profesional. Hal ini akan membantu Perseroan
        Bidang Logistik                     mendapatkan kontrak baru, dan menjaga tingkat profitabilitas yang
 e
        Competition Risk in the             dimiliki Perseroan.
        Logistics Sector                    To mitigate competition risk, the Company focuses on building a strong
                                            reputation by maintaining good customer relationships, ensuring vessel
                                            condition monitoring, conducting routine maintenance, and managing
                                            the business professionally. This supports the acquisition of new
                                            contracts and preservation of profitability.
                                            Perseroan mengelola risiko perubahan teknologi di bidang logistik dengan
                                            terus berupaya untuk mengikuti perkembangan teknologi terkini untuk
                                            meningkatkan efisiensi operasional. Hal ini akan membantu Perseroan
                                            mempertahankan pelanggan serta menarik pelanggan baru yang mencari
        Risiko Perubahan Teknologi
  f                                         solusi logistik.
        Technological Change Risk
                                            The Company manages technological change risks in logistics by
                                            continuously adopting the latest technologies to improve operational
                                            efficiency, helping retain existing customers and attract new ones
                                            seeking logistics solutions.

        Risiko Terkait Kegiatan Usaha di Bidang Kepelabuhanan dan Penyimpanan
 4
        Risks Related to Port and Storage Business Activities

        Risiko Kegagalan Perseroan          Perseroan akan mengikuti perkembangan regulasi di bidang
        Memenuhi Peraturan                  kepelabuhanan dan penyimpanan dan memastikan kepatuhan terhadap
        Perundang-undangan                  seluruh ketentuan yang berlaku, seperti standar keamanan fasilitas,
        yang Berlaku di Bidang              prosedur penanganan produk, dan protokol keselamatan. Perseroan
        Kepelabuhanan dan                   juga akan mengawasi perubahan regulasi yang relevan dan memastikan
  a
        Penyimpanan                         kepatuhan terhadap semua standar yang berlaku.
        Risk of Failure to Comply           The Company follows regulatory developments in port and storage
        with Applicable Laws and            sectors and ensures compliance with applicable provisions, including
        Regulations in the Field of Port    facility security standards, product handling procedures, and safety
        and Storage                         protocols.


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           Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                          Laporan Keuangan
           Management Discussion and Analysis                 Good Corporate Governance                       Financial Reports




                       Jenis Risiko                                               Upaya Mitigasi
No.                     Risk Types                                                Mitigation Effort

                                        Secara natural, potensi pendangkalan akibat sedimentasi di sekitar
                                        dermaga milik Perseroan sangat minimal karena pergerakan arus yang
                                        aktif terhadap struktur mooring dan breasting dolphin yang ada di
                                        dermaga. Sebagai tindakan pencegahan, Perseroan secara berkala
           Pelabuhan Mungkin Mengalami
                                        melakukan pemantauan kedalaman pelabuhan dan survei hidrografi untuk
           Pendangkalan Akibat
                                        mendeteksi tingkat sedimentasi sejak dini demi memastikan kedalaman
  b        Sedimentasi
                                        operasional tetap pada kondisi yang optimal.
           The Port May Experience
                                        Naturally, the risk of siltation around the Company’s jetty is minimal due
           Silting Due to Sedimentation
                                        to active currents around the mooring and breasting dolphin structures.
                                        As a preventive measure, the Company periodically monitors port depth
                                        and conducts hydrographic surveys to detect sedimentation early and
                                        maintain optimal operational depth.
                                                Perseroan telah mengembangkan protokol operasional khusus
                                                termasuk bekerja sama dengan Kantor Syahbandar dan Otoritas
                                                Pelabuhan (KSOP) untuk memastikan keamanan dan keselamatan setiap
                                                kapal yang bersandar, termasuk juga memantau parameter cuaca.
           Debit Air di Sekitar Pelabuhan
                                                Parameter standar untuk keselamatan dan keamanan sandar kapal telah
           sebagai Akibat Arus Pasang/
                                                diinformasikan kepada seluruh pelanggan dan agen kapal dalam bentuk
           Surut, Gelombang, dan
                                                Terminal Information Booklet. Hal ini dilakukan sebagai langkah antisipasi
  c        Perubahan lklim
                                                untuk memastikan kepatuhan terhadap prosedur keselamatan yang
           Water Flow Around Ports as
                                                berlaku serta menjaga kelancaran operasional di terminal.
           a Result of Tidal Currents,
                                                The Company has developed specific operational protocols in
           Waves, and Climate Change
                                                collaboration with the Port Authority and Harbormaster (KSOP) to
                                                ensure vessel safety, including weather parameter monitoring. Standard
                                                safety parameters are communicated to customers and shipping agents
                                                through the Terminal Information Booklet.
                                                Perseroan menerapkan penjadwalan dengan menetapkan aturan first
                                                come – first served untuk layanan sandar kapal demi mengelola lalu
                                                lintas kapal saat periode puncak. Secara berkala, Perseroan membagikan
                                                informasi mengenai Jadwal Sandar – Berthing Schedule kepada seluruh
                                                pelanggan agar dapat mengantisipasi pengambilan produk, kekurangan
           Batasan Jumlah Kapal                 produk, dan hal lain-lain yang berkaitan dengan distribusi. Hal ini
           Bersandar di Pelabuhan               ditujukan untuk meningkatkan tingkat efisiensi dalam berbagai aspek
  d
           Limitations on the Number of         operasional, meminimalkan potensi keterlambatan, serta memastikan
           Vessels Berthing at the Port         kelancaran dan ketepatan waktu dalam setiap proses layanan.
                                                The Company applies a first-come, first-served berthing policy to
                                                manage vessel traffic during peak periods. Berthing schedules are
                                                regularly shared with customers to anticipate product handling and
                                                distribution needs, improving operational efficiency and minimizing
                                                delays.
                                                Perseroan menerapkan sistem manajemen pelabuhan terintegrasi
           Tingkat Efisiensi dan                berbasis teknologi informasi yang menghubungkan aspek pengelolaan
           Efektivitas Pengelolaan,             dan pengawasan. Hal ini ditujukan untuk meningkatkan tingkat efisiensi
           Pengawasan, Sandar dan               program pelatihan berkelanjutan dilaksanakan untuk meningkatkan
  e        Bongkar Muat                         kompetensi personel pelabuhan dalam berbagai aspek operasional.
           Efficiency and Effectiveness         The Company implements an integrated port management system
           of Port Operations and Cargo         based on information technology to enhance efficiency and oversight,
           Handling                             supported by continuous training programs to improve personnel
                                                competence.
                                                Perseroan mengimplementasikan standar operasional prosedur yang
                                                komprehensif dan perbaikan berkelanjutan untuk menjalankan kegiatan
                                                usaha operasional pelabuhan dan penyimpanan secara aman, efektif
                                                dan efisien dengan didukung oleh personil yang kompeten di bidangnya.
           Program Pengembangan                 Program pengembangan kompetensi berkelanjutan bagi personil
           Kompetensi Berkelanjutan             dijalankan secara terjadwal dengan melakukan evaluasi terhadap
  f
           Continuous Competency                kebutuhan dan kemampuan di bidangnya berdasarkan pemenuhan
           Development Program                  peraturan dan persyaratan yang ditetapkan.
                                                The Company applies comprehensive standard operating procedures
                                                and continuous improvement to ensure safe, effective, and efficient
                                                port and storage operations, supported by scheduled competency
                                                development programs for personnel.



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                                            Ikhtisar Kinerja               Laporan Manajemen         Profil Perusahaan
                                            Performance Highlights         Management Reports        Company Profile




                     Jenis Risiko                                          Upaya Mitigasi
No.                   Risk Types                                           Mitigation Effort

                                            Perseroan memitigasi risiko persaingan usaha di bidang kepelabuhanan
                                            dan penyimpanan dengan mempertahankan dan meningkatkan
                                            kualitas layanan, memperkuat hubungan dan loyalitas pelanggan serta
                                            meningkatkan efisiensi operasional. Perseroan berkomitmen untuk
        Risiko Persaingan Usaha di          menjaga daya saing dan posisi pasarnya di tengah persaingan industri
        Bidang Kepelabuhanan dan            yang semakin ketat, sehingga dapat memberikan nilai tambah bagi para
 g      Penyimpanan                         pelanggan dan pemangku kepentingan.
        Competition Risk in Port and        The Company mitigates competition risk by maintaining and enhancing
        Storage Business                    service quality, strengthening customer relationships and loyalty, and
                                            improving operational efficiency to preserve market position. The
                                            Company remains committed to maintaining its competitiveness
                                            and market position amid intensifying industry competition, thereby
                                            delivering added value to customers and stakeholders alike.
                                            Perseroan mengelola risiko perubahan teknologi di bidang kepelabuhanan
                                            dan penyimpanan dengan melakukan penelitian dan pengembangan
                                            teknologi baru yang relevan. Perseroan berupaya untuk mengikuti
                                            perkembangan teknologi seperti sistem layanan pemesanan
                                            pelanggan berbasis web, sehingga dapat meningkatkan efisiensi dalam
                                            komunikasi dan operasional, menawarkan layanan yang lebih baik bagi
        Risiko Perubahan Teknologi          pelanggan, serta menjaga daya saing dibandingkan pesaing di industri
 h      Technological Change Risk           kepelabuhanan dan penyimpanan.
                                            The Company manages the risk of technological change in the port and
                                            storage sector by conducting research and development of relevant
                                            new technologies. The Company strives to keep pace with technological
                                            developments such as web-based customer ordering systems, thereby
                                            improving efficiency in communication and operations, offering better
                                            services to customers, and maintaining competitiveness against
                                            competitors in the port and storage industry.

        Risiko Terkait Kegiatan Usaha di Bidang Air
 5
        Risks Related to Water Business Activities

                                            Perseroan mengelola risiko kegagalan dalam memenuhi peraturan
                                            perundang-undangan di bidang air dengan secara aktif memantau
                                            perkembangan regulasi terkait standar mutu air, protokol pengolahan,
                                            dan manajemen sumber daya air. Perseroan juga menerapkan sistem
        Risiko Kegagalan Perseroan          manajemen mutu, meliputi pengujian rutin mutu air, serta pengendalian
        Memenuhi Peraturan                  proses pengolahan yang ketat. Selain itu, Perseroan aktif menjalin
        Perundang-undangan yang             komunikasi dengan regulator untuk memastikan pemahaman yang akurat
        Berlaku di Bidang Air               terhadap peraturan yang berlaku.
  a
        Risk of Failure to Comply           The Company manages the risk of non-compliance with water
        with Applicable Laws and            regulations by actively monitoring developments in regulations related
        Regulations in the Water            to water quality standards, treatment protocols, and water resource
        Sector                              management. The Company also implements a quality management
                                            system, which includes routine water quality testing and strict control of
                                            the treatment process. In addition, the Company actively communicates
                                            with regulators to ensure an accurate understanding of applicable
                                            regulations.
                                            Perseroan melakukan diversifikasi sumber air baku melalui
                                            pengembangan dari berbagai sumber yang berbeda. lmplementasi
                                            teknologi konservasi air dan program daur ulang air diterapkan untuk
                                            mengoptimalkan pemanfaatan sumber daya air yang tersedia. Perseroan
        Risiko Penurunan Debit Air          juga menjalankan program pemantauan kondisi lingkungan dan hidrologi
        Akibat Perubahan lklim              untuk deteksi dini potensi masalah ketersediaan sumber air baku.
 b
        Risk of Decreased Water             The company diversifies its raw water sources by developing various
        Supply Due to Climate Change        different sources. Water conservation technologies and water recycling
                                            programs are implemented to optimize the use of available water
                                            resources. The Company also runs environmental and hydrological
                                            monitoring programs for early detection of potential problems with raw
                                            water availability.




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           Analisis dan Pembahasan Manajemen                  Tata Kelola Perusahaan                          Laporan Keuangan
           Management Discussion and Analysis                 Good Corporate Governance                       Financial Reports




                       Jenis Risiko                                               Upaya Mitigasi
No.                     Risk Types                                                Mitigation Effort

                                                Perseroan menerapkan sistem pemeliharaan untuk seluruh komponen
                                                infrastruktur air kritis. Sistem diimplementasikan pada komponen-
                                                komponen strategis untuk memastikan keberlangsungan operasional
                                                meskipun terjadi kegagalan pada salah satu infrastruktur air. Sebagai
           Risiko Kegagalan lnfrastruktur       tambahan, Perseroan memiliki rencana kontingensi operasional untuk
  c        Infrastructure Failure Risk          berbagai skenario kegagalan infrastruktur.
                                                The Company implements a maintenance system for all critical water
                                                infrastructure components. The system is implemented on strategic
                                                components to ensure operational continuity even if one of the water
                                                infrastructures fails. In addition, the Company has an operational
                                                contingency plan for various infrastructure failure scenarios.
                                                Perseroan mengelola risiko persaingan usaha dengan mempertahankan
                                                dan meningkatkan keunggulan kompetitif yang dimiliki Perseroan melalui
                                                peningkatan efisiensi operasional, pengembangan infrastruktur yang
           Risiko Persaingan Usaha di           modern, serta peningkatan kualitas layanan kepada pelanggan untuk
           Bidang Air                           menjaga daya saing dan pangsa pasar di tengah potensi masuknya
  d        Competition Risk in the Water        pesaing baru.
           Sector                               The Company manages business competition risks by maintaining and
                                                enhancing its competitive advantages through improved operational
                                                efficiency, development of modern infrastructure, and improved
                                                customer service quality to maintain competitiveness and market share
                                                amid the potential entry of new competitors.
                                                Perseroan mengelola risiko perubahan teknologi di bidang pengelolaan air
                                                dengan melakukan investasi serta pembaharuan atas aset yang dimiliki
                                                saat ini yang memungkinkan optimalisasi produksi. Dengan demikian,
                                                Perseroan dapat meningkatkan keunggulan kompetitif dibandingkan
           Risiko Perubahan Teknologi
  e                                             pesaing sekaligus meminimalisir risiko.
           Technological Change Risk
                                                The Company manages the risk of technological change in the field of
                                                water management by investing in and upgrading its current assets
                                                to optimize production. In this way, the Company can increase its
                                                competitive advantage over its competitors while minimizing risk.
           Risiko Umum
  C
           General Risks

                                                Perseroan mengelola perubahan ekonomi regional atau global yang
                                                dapat berdampak pada kegiatan usaha Perseroan dengan melakukan
           Perubahan ekonomi
                                                pemantauan terhadap perkembangan ekonomi, diversifikasi portofolio
           regional atau global dapat
                                                bisnis ke sektor-sektor yang memiliki ketahanan dan prospek
           menimbulkan dampak
                                                pertumbuhan jangka panjang, pengelolaan risiko keuangan dengan penuh
           merugikan yang material
                                                kehati-hatian, peningkatan efisiensi operasional, adaptasi terhadap
           terhadap perekonomian
                                                tren pasar dan preferensi pelanggan, serta menjalin kolaborasi strategis
           Indonesia dan kegiatan usaha
  1                                             dengan berbagai pemangku kepentingan.
           Perseroan
                                                The Company manages regional or global economic changes that may
           Regional or global economic
                                                impact its business activities by monitoring economic developments,
           changes could have a
                                                diversifying its business portfolio into sectors that are resilient and
           material adverse effect on the
                                                have long-term growth prospects, managing financial risks with due
           Indonesian economy and the
                                                care, improving operational efficiency, adapting to market trends and
           Company's business activities
                                                customer preferences, and establishing strategic collaborations with
                                                various stakeholders.
                                                Perseroan mengelola risiko terkait dengan pergerakan nilai tukar dengan
                                                melakukan pemantauan terhadap pasar valuta asing serta menerapkan
                                                lindung nilai (hedging) terhadap risiko mata uang asing. Perseroan juga
           Perseroan menghadapi                 berupaya untuk menyeimbangkan arus kas dalam mata uang asing
           risiko yang terkait dengan           dengan menyelaraskan penerimaan dan pengeluaran dalam mata uang
  2        pergerakan nilai tukar               yang sama.
           The Company faces risks              The Company manages risks related to exchange rate movements by
           related to foreign exchange          monitoring the foreign exchange market and implementing hedging
                                                against foreign currency risks. The Company also strives to balance cash
                                                flows in foreign currencies by aligning receipts and expenditures in the
                                                same currency.




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                      Jenis Risiko                                               Upaya Mitigasi
 No.                   Risk Types                                                Mitigation Effort

                                             Perseroan mengelola risiko terkait perubahan kebijakan pemerintah
                                             dengan secara proaktif memantau dan menganalisis perkembangan
                                             kebijakan di sektor-sektor yang relevan dengan kegiatan usaha
         Perseroan menghadapi risiko         Perseroan. Dengan pemantauan yang tepat dan komunikasi proaktif,
         yang terkait dengan tuntutan        Perseroan berupaya untuk memitigasi dampak negatif dari perubahan
         atau gugatan hukum                  kebijakan pemerintah terhadap kegiatan usaha dan kinerja Perseroan.
  3
         The Company faces risks             The Company manages risks related to changes in government policy
         related to legal claims or          by proactively monitoring and analyzing policy developments in
         lawsuits                            sectors relevant to the Company's business activities. Through proper
                                             monitoring and proactive communication, the Company strives to
                                             mitigate the negative impact of changes in government policy on the
                                             Company's business activities and performance.
                                             Perseroan mengelola risiko terkait perubahan kebijakan pemerintah
                                             dengan secara proaktif memantau dan menganalisis perkembangan
                                             kebijakan di sektor-sektor yang relevan dengan kegiatan usaha
         Perseroan menghadapi risiko         Perseroan. Dengan pemantauan yang tepat dan komunikasi proaktif,
         yang terkait dengan risiko          Perseroan berupaya untuk memitigasi dampak negatif dari perubahan
         kebijakan Pemerintah                kebijakan pemerintah terhadap kegiatan usaha dan kinerja Perseroan.
  4
         The Company faces risks             The Company manages risks related to changes in government policy
         related to government policy        by proactively monitoring and analyzing policy developments in
         risks                               sectors relevant to the Company's business activities. Through proper
                                             monitoring and proactive communication, the Company strives to
                                             mitigate the negative impact of changes in government policy on the
                                             Company's business activities and performance.
                                             Perseroan mengelola risiko terkait perubahan peraturan internasional
                                             dengan secara aktif mengikuti perkembangan regulasi global yang
                                             relevan dengan kegiatan usaha Perseroan. Perseroan berupaya untuk
                                             mengantisipasi arah perubahan regulasi dan mempersiapkan langkah-
         Perseroan menghadapi risiko         langkah adaptasi yang diperlukan serta patuh terhadap standar
         yang terkait dengan peraturan       internasional dan menerapkan best practice dalam operasional bisnis
         internasional                       untuk menjaga daya saing di pasar global.
  5
         The Company faces risks             The Company manages risks related to changes in international
         related to international            regulations by actively monitoring developments in global regulations
         regulations                         relevant to the Company's business activities. The Company strives
                                             to anticipate the direction of regulatory changes and prepare the
                                             necessary adaptation measures, comply with international standards,
                                             and implement best practices in business operations to maintain
                                             competitiveness in the global market.


Tinjauan Efektivitas Manajemen Risiko                                  Overview of Risk Management
                                                                       Effectiveness

CDI Group senantiasa melakukan penguatan dalam                         CDI Group consistently reinforces its risk management
pengelolaan risiko serta melakukan penyesuaian                         and adapts to the Company's current conditions. To
terhadap kondisi terkini dari Perseroan. Untuk                         ensure the effectiveness of risk management, the
memastikan efektivitas manajemen risiko, Dewan                         Board of Commissioners and Board of Directors, along
Komisaris dan Direksi bersama Unit Audit Internal                      with the Internal Audit Unit, periodically review its
melakukan peninjauan penerapannya secara berkala                       implementation every year.
pada setiap tahun.

Berdasarkan hasil audit internal yang telah dilakukan                  Based on the results of internal audits conducted
selama tahun 2025, CDI Group meyakini bahwa sistem                     throughout 2025, CDI Group believes that the existing
manajemen risiko yang ada cukup efektif dalam                          risk management system is sufficiently effective in
mengidentifikasi dan memitigasi risiko-risiko usaha,                   identifying and mitigating business, operational, and
operasional dan keuangan yang relevan dengan kondisi                   financial risks relevant to the Company's business
usaha Perseroan.                                                       conditions.




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Selain itu, sistem manajemen risiko yang dijalankan            Furthermore, the current risk management system is
saat ini dinilai cukup efektif dalam mengidentifikasi          deemed quite effective in identifying and preparing
dan menyiapkan rencana mitigasi untuk potensi risiko-          mitigation plans for potential new risks that could
risiko baru yang dapat mempengaruhi aktivitas usaha            impact the Company's business activities. Nevertheless,
Perseroan. Namun demikian, Perseroan akan terus                the Company will continue to evaluate, adjust, and
melakukan evaluasi, penyesuaian, serta peningkatan             continuously improve the risk management system to
(improvement) secara berkelanjutan agar sistem                 ensure its effectiveness in supporting the achievement
management resiko tersebut semakin efektif dalam               of its future goals.
mendukung pencapaian tujuan Perseroan ke depannya.



Pernyataan Direksi dan/atau Dewan Komisaris                    Statement of the Board of Directors and/or
atau Komite Audit atas Kecukupan Sistem                        Board of Commissioners or Audit Committee
Manajemen Risiko                                               on the Adequacy of the Risk Management
                                                               System

Manajemen meyakini bahwa sistem manajemen risiko               Management believes that the current risk management
yang diterapkan di lingkungan CDI Group saat ini sudah         system is quite effective at reducing previously
cukup efektif dalam mereduksi risiko-risiko usaha,             identified business, operational, and financial risks. This
operasional dan keuangan yang telah diidentifikasi             also applies to potential new risks that may arise and
sebelumnya. Begitu juga dengan potensi risiko-risiko           have a significant impact in the future.
baru yang mungkin akan timbul dan berdampak
signifikan di masa mendatang.




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Perkara Penting dan Sanksi
Administratif yang Dihadapi
Important Matters and Administrative Sanctions Faced




Sampai dengan terbitnya Laporan Tahunan, Perseroan                     Up to the issuance of the Annual Report, the Company
tidak terdapat klaim, sengketa, perkara, gugatan,                      has not been subject to any claims, disputes, cases,
penyelidikan maupun sanksi administratif, baik yang                    lawsuits, investigations, or administrative sanctions—
terjadi di masa lalu, sedang berlangsung ataupun                       whether past, ongoing, or potential—that could have a
potensial, yang berdampak material terhadap Perseroan.                 material impact on the Company.

Sanksi Administratif oleh Otoritas Terkait                             Administrative Sanctions by the Relevant
                                                                       Authorities

Sampai dengan terbitnya Laporan Tahunan, tidak                         Up to the issuance of the Annual Report, there have
terdapat sanksi administratif yang dikenakan oleh                      been no administrative sanctions imposed on the
Otoritas Terkait kepada Perseroan.                                     Company by the relevant authorities.




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Kode Etik dan Budaya Perusahaan
Code of Conduct and Corporate Culture




CDI Group memiliki Kode Etik (Code of Conduct/CoC)             CDI Group has established a Code of Conduct (CoC)
sebagai panduan dalam bertindak dan menerapkan                 as a guideline for conduct and for the implementation
tata kelola perusahaan yang baik (Good Corporate               of Good Corporate Governance (GCG). The Code
Governance/GCG). Kode Etik merupakan ketentuan                 of Conduct is a written set of provisions used as a
tertulis yang digunakan sebagai acuan dalam                    reference in carrying out business activities, which
menjalankan kegiatan bisnis yang harus dipahami dan            must be understood and applied on a daily basis.
diterapkan setiap hari.

Kode Etik juga mengatur perilaku perusahaan dan                The Code of Conduct also regulates corporate
individu terkait kepatuhan, kesehatan dan keselamatan,         and individual behavior in relation to compliance,
manajemen konflik kepentingan, kepatuhan terhadap              occupational health and safety, management of conflicts
hukum, pengadaan, keamanan informasi dan aset, serta           of interest, compliance with laws and regulations,
keterbukaan informasi publik.                                  procurement, information and asset security, as well as
                                                               public information disclosure.

Evaluasi terhadap penerapan Kode Etik dilakukan secara         The implementation of the Code of Conduct is evaluated
berkala untuk memastikan bahwa seluruh elemen                  periodically to ensure that all elements of the Company
Perseroan menjalankan aturan bisnis berdasarkan                conduct business activities in accordance with the
etika dan standar tinggi yang telah ditetapkan.                established ethical principles and high standards. In
Selain itu, peninjauan terhadap Kode Etik dilakukan            addition, the Code of Conduct is reviewed to determine
untuk menentukan apakah diperlukan perubahan                   whether amendments and/or regulatory adjustments
dan/atau penyesuaian regulasi sehubungan dengan                are required in line with the business developments of
perkembangan bisnis CDI Group.                                 CDI Group.

Pokok-pokok Kode Etik                                          Key Principles of the Code of Conduct

Rincian pokok kode etik CDI Group mencakup:                    The key principles of the CDI Group Code of Conduct
                                                               include:
1. Manusia dan Keselamatan                                     1. People and Safety
   a. Pedoman Umum                                                 a. General Guidelines
   b. Menghormati Hak Asasi Manusia dan Perlakuan                  b. Respect for Human Rights and Equal Treatment
      yang Sama
   c. Pelecehan di Tempat Kerja                                   c. Workplace Harassment
   d. Keselamatan, Kesehatan, dan Lingkungan                      d. Safety, Health, and Environment
2. Memerangi Praktik Suap, Korupsi, dan Pencucian              2. Combating Bribery, Corruption, and                  Money
   Uang                                                           Laundering
   a. Suap dan Korupsi                                            a. Bribery and Corruption
   b. Konflik Kepentingan                                         b. Conflicts of Interest
   c. Hadiah dan Hiburan                                          c. Gifts and Entertainment
   d. Pencucian Uang                                              d. Money Laundering
3. Kegiatan Usaha                                              3. Business Activities
   a. Ketaatan pada Hukum & Peraturan                             a. Compliance with Laws and Regulations
   b. Pengadaan Barang                                            b. Procurement of Goods and Services
   c. Persaingan Sehat                                            c. Fair Competition




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4. Kegiatan Politik Karyawan                                          4. Employees’ Political Activities
5. Pengamanan Informasi dan Aset                                      5. Information and Asset Security
   a. Perlindungan Aset                                                  a. Asset Protection
   b. Fasilitas Teknologi Informasi (TI) dan Komunikasi                  b. Information Technology (IT) and Communication
                                                                             Facilities
   c. Data Pribadi                                                       c. Personal Data
   d. Pengelolaan Catatan                                                d. Records Management
6. Komunikasi                                                         6. Communication
   a. Komunikasi Bisnis                                                  a. Business Communication
   b. Pengungkapan Publik                                                b. Public Disclosure
7. Mekanisme Konsultasi dan Pelaporan                                 7. Consultation and Reporting Mechanisms

Bentuk Sosialisasi dan Penegakan Kode Etik                            Socialization and Enforcement of the Code
                                                                      of Conduct

Penyebarluasan kode etik Perseroan dilakukan melalui                  The dissemination of the Company’s Code of Conduct is
sosialisasi secara terus-menerus, yang disampaikan                    carried out through continuous socialization, delivered
melalui media:                                                        through the following media:
1. Portal internal (intranet);                                        1. Internal portal (intranet);
2. Materi orientasi pegawai baru yang dibagikan pada                  2. New employee orientation materials distributed
   saat New Employee Onboarding Program (NEOP);                          during the New Employee Onboarding Program
                                                                         (NEOP);
3. Poster;                                                            3. Posters;
4. Pertemuan dan diskusi langsung; serta                              4. Meetings and direct discussions; and
5. Webinar.                                                           5. Webinars.

Pernyataan bahwa Kode Etik Berlaku bagi                               Statement on the Applicability of the
Seluruh Level Organisasi                                              Code of Conduct Across All Organizational
                                                                      Levels

Kode Etik Perseroan berlaku bagi seluruh karyawan                     The Company’s Code of Conduct applies to all employees
dan manajemen (Dewan Direksi dan Dewan Komisaris)                     and management (the Board of Directors and the Board
CDI Group serta anak perusahaannya dan setiap                         of Commissioners) of CDI Group, its subsidiaries, and
perusahaan joint venture yang berada dalam kendali                    any joint venture companies under the control of CDI
CDI Group. Setiap karyawan dan pemangku kepentingan                   Group. All employees and stakeholders are expected to
diharapkan memahami dan mematuhi Kode Etik ini.                       understand and comply with this Code of Conduct.

Sanksi Pelanggar Kode Etik                                            Sanctions for Violations of the Code of
                                                                      Conduct

Setiap pelanggaran kode etik yang terjadi akan dievaluasi             Any violation of the Code of Conduct will be evaluated
dan ditindaklanjuti sesuai dengan Perjanjian Kerja                    and followed up in accordance with the Collective Labor
Bersama (PKB) yang telah ditandatangani Perseroan                     Agreement (Perjanjian Kerja Bersama/CLA) entered
dan karyawan. Jenis sanksi yang diberikan, mulai dari                 into by the Company and its employees. The sanctions
pemberian surat teguran sampai dengan pemutusan                       imposed may range from the issuance of a written
hubungan kerja.                                                       warning to termination of employment.




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Jumlah Pelanggaran Kode Etik                                   Number of Code of Conduct Violations

Sepanjang tahun 2025, tidak ada pelanggaran Kode Etik          Throughout 2025, there were no violations of the Code
yang terjadi di Perseroan.                                     of Conduct within the Company.

Pernyataan Budaya Perusahaan                                   Corporate Culture Statement

CDI Group telah memiliki budaya perusahaan yang                CDI Group has established a corporate culture known
dikenal dengan “iSTAR” dengan nilai-nilai yang dijabarkan      as “iSTAR,” with the following core values:
sebagai berikut:
1. Integritas/Integrity                                        1. Integrity
   Bersikap transparan serta berperilaku sesuai aturan            Acting transparently and behaving in accordance
   dan etika.                                                     with rules and ethical standards.
2. Keselamatan/Safety                                          2. Safety
   Membangun lingkungan kerja yang aman, sehat, dan               Building a safe, healthy, and sustainable work
   lestari.                                                       environment.
3. Kerja Sama/Teamwork                                         3. Teamwork
   Membangun kolaborasi untuk keunggulan bisnis.                  Fostering collaboration to achieve business
                                                                  excellence.
4. Memikul Tanggung Jawab/Accountability                       4. Accountability
   Bertanggung jawab atas tugas dan kinerja.                      Taking responsibility for assigned duties and
                                                                  performance.
5. Menghargai/Respect                                          5. Respect
   Menghargai dan peduli terhadap orang lain.                     Valuing and caring for others.




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Kebijakan Pengungkapan Informasi
Information Disclosure Policy




Kebijakan Pelaporan Kepemilikan Saham                                     Reporting Policy on Share Ownership of
Dewan Komisaris dan Direksi                                               the Board of Commissioners and Board of
                                                                          Directors

Kebijakan kepemilikan saham oleh Dewan Komisaris                          The policy on share ownership by the Board of
dan Direksi yang berlaku di Perseroan mengacu                             Commissioners and the Board of Directors applicable
pada Peraturan Otoritas Jasa Keuangan (POJK) No. 4                        to the Company refers to Financial Services Authority
Tahun 2024 tentang Laporan Kepemilikan atau Setiap                        Regulation (POJK) No. 4 of 2024 concerning the
Perubahan Kepemilikan Saham Perusahaan Terbuka                            Reporting of Ownership or Any Changes in Ownership
dan Laporan Aktivitas Menjaminkan Saham Perusahaan                        of Shares of Public Companies and the Reporting of
Terbuka yang menggantikan POJK No. 11/POJK.04/2017                        Pledged Share Activities of Public Companies, which
tentang Laporan Kepemilikan atau Setiap Perubahan                         replaces POJK No. 11/POJK.04/2017 concerning the
Kepemilikan Saham Perusahaan Terbuka. Dengan                              Reporting of Ownership or Any Changes in Ownership of
demikian, Dewan Komisaris dan Direksi wajib melaporkan                    Shares of Public Companies. Accordingly, members of
kepemilikan sahamnya, baik langsung maupun tidak,                         the Board of Commissioners and the Board of Directors
kepada OJK.                                                               are required to report their share ownership, whether
                                                                          held directly or indirectly, to the Financial Services
                                                                          Authority (OJK).

Dalam regulasi tersebut, kewajiban pelaporan bagi                         Under this regulation, the reporting obligations of
Dewan Komisaris atau Direksi, antara lain:                                members of the Board of Commissioners and/or the
                                                                          Board of Directors include, among others:
1.     Anggota Direksi atau anggota Dewan Komisaris yang                  1. Members of the Board of Directors or the Board of
       memiliki saham dengan hak suara baik langsung                         Commissioners who hold shares with voting rights,
       maupun tidak langsung wajib menyampaikan                              either directly or indirectly, are required to submit a
       laporan kepemilikan hak suara atas saham dan                          report on the ownership of voting rights over shares
       setiap perubahan kepemilikan hak suara atas saham                     and any changes in the ownership of voting rights
       Perusahaan Terbuka kepada Otoritas Jasa Keuangan.                     over shares of a public company to the Financial
                                                                             Services Authority.
2. Laporan tersebut wajib disampaikan segera paling                       2. Such report must be submitted promptly, no later
   lambat 3 (tiga) hari kerja sejak terjadinya kepemilikan                   than 3 (three) business days from the occurrence
   hak suara atas saham atau setiap perubahan                                of the ownership of voting rights over shares or any
   kepemilikan hak suara atas saham Perusahaan                               change in the ownership of voting rights over shares
   Terbuka.                                                                  of the public company.
3. Serta ketentuan lain, termasuk yang tertuang                           3. Other provisions as stipulated in applicable
   dalam Surat Edaran OJK No. 10/SEOJK.04/2025                               regulations, including Circular Letter of the
   tentang Penyampaian Laporan Kepemilikan atau                              Financial Services Authority No. 10/SEOJK.04/2025
   Setiap Perubahan Kepemilikan Saham Perusahaan                             concerning the Electronic Submission of Reports on
   Terbuka dan Laporan Aktivitas Menjaminkan                                 Ownership or Any Changes in Ownership of Shares
   Saham Perusahaan Terbuka Secara Elektronik.                               of Public Companies and Reports on Pledged Share
                                                                             Activities of Public Companies.




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4. OJK telah menunjuk KSEI selaku Penyedia                        4. The Financial Services Authority has appointed the
   Sistem Pelaporan Secara Elektronik berdasarkan                    Indonesian Central Securities Depository (KSEI) as
   butir III angka 1 Surat Edaran OJK Nomor 10/                      the Provider of the Electronic Reporting System
   SEOJK.04/2025 tentang Penyampaian Laporan                         pursuant to Section III point 1 of Circular Letter of the
   Kepemilikan atau Setiap Perubahan Kepemilikan                     Financial Services Authority No. 10/SEOJK.04/2025
   Saham Perusahaan Terbuka dan Laporan Aktivitas                    concerning the Electronic Submission of Reports on
   Menjaminkan Saham Perusahaan Terbuka Secara                       Ownership or Any Changes in Ownership of Shares
   Elektronik (SEOJK Nomor 10/SEOJK.04/2025).                        of Public Companies and Reports on Pledged Share
                                                                     Activities of Public Companies.
5. KSEI menerbitkan Surat Keputusan Direksi KSEI                  5. KSEI has issued a Decree of the Board of Directors
   tentang Pemberlakuan Penggunaan AKSes sebagai                     of KSEI on the implementation of the use of AKSes
   Sarana Penyampaian Laporan Kepemilikan atau                       as the electronic platform for the submission of
   Setiap Perubahan Kepemilikan Saham dan Laporan                    reports on ownership or any changes in ownership
   Aktivitas Menjaminkan Saham Perusahaan Terbuka                    of shares and reports on pledged share activities of
   secara Elektronik.                                                public companies.

Pelaksanaan Tahun Buku                                            Implementation During the Financial Year

Sepanjang tahun 2025, telah terjadi perubahan pada                Throughout 2025, there were changes in the share
kepemilikan saham Direksi pada Perseroan. Sesuai                  ownership of the Company’s Board of Directors. In
ketentuan POJK No. 4/2024, seluruhnya telah dilaporkan            accordance with the provisions of POJK No. 4/2024,
kepada OJK seperti rincian dalam tabel di bawah ini.              all such changes have been reported to the Financial
Sedangkan kepemilikan akhirnya disampaikan pada                   Services Authority (OJK), as detailed in the table below.
bab “Profil Perusahaan” yang terdapat dalam Laporan               The final share ownership information is presented in
Tahunan ini.                                                      the “Company Profile” chapter of this Annual Report.


                                       Nama Pemegang Saham                                   Tanggal Lapor ke OJK
 No.                                     Shareholder Name                                    Reporting Date to OJK

                                                                                       23 Juli 2025
   1        Fransiskus Ruly Aryawan
                                                                                       23 July 2025
                                                                                       20 Oktober 2025
   2        Fransiskus Ruly Aryawan
                                                                                       20 October 2025
                                                                                       23 Juli 2025
   3        Jonathan Kandinata
                                                                                       23 July 2025
                                                                                       30 Juli 2025
   4        Merly
                                                                                       30 July 2025
                                                                                       30 Juli 2025
   5        Agus Lukmanul Hakim
                                                                                       30 July 2025


Sistem Pelaporan Pelanggaran                                      Violation Reporting System

Perseroan saat ini sedang dalam proses penyusunan                 The Company is currently in the process of formulating
dan penetapan Sistem Pelaporan Pelanggaran atau                   and establishing a Violation Reporting System or
Whistleblowing System (WBS). Selama proses tersebut               Whistleblowing System (WBS). During this process, the
berlangsung, Perseroan masih mengacu pada WBS yang                Company continues to refer to the WBS established by
telah ditetapkan oleh induk perusahaan dan berlaku                the parent company, which applies to all entities within
bagi seluruh entitas dalam grup.                                  the group.




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Kebijakan Anti Korupsi
Anti-Corruption Policy




Perseroan saat ini sedang dalam proses penyusunan                     The Company is currently in the process of formulating
dan penetapan Kebijakan Anti Korupsi. Selama proses                   and establishing an Anti-Corruption Policy. During this
tersebut berlangsung, Perseroan masih mengacu pada                    process, the Company continues to refer to the WBS
WBS yang telah ditetapkan oleh induk perusahaan dan                   established by the parent company, which applies to all
berlaku bagi seluruh entitas dalam grup.                              entities within the group.




Penerapan Pedoman Tata Kelola
Perusahaan Terbuka
Implementation of the Guidelines for Public Company Corporate Governance




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                                                    Rekomendasi
                                                   Recommendation
           Prinsip                                                                              Pelaksanaan di Perusahaan
           Principle                                                                          Implementation in the Company
                                                           Perihal
                                    No.                    About
Aspek 1: Hubungan Perusahaan Terbuka dengan Pemegang Saham dalam Menjamin Hak-hak Pemegang Saham
Aspect 1: Relationship between a Public Company and Shareholders in Ensuring Shareholders’ Rights

Prinsip 1: Meningkatkan              1.1      Perusahaan Terbuka memiliki cara           Sudah terpenuhi
Nilai Penyelenggaraan                         atau prosedur teknis pengumpulan           Fulfilled
Rapat Umum Pemegang                           suara (voting) baik secara
Saham (RUPS)                                  terbuka maupun tertutup yang
Principle 1: Enhancing                        mengedepankan independensi.
the Value of the General                      The Public Company has technical
Meeting of Shareholders                       procedures for voting, both
(GMS)                                         open and closed, that emphasize
                                              independence.
                                     1.2      Seluruh anggota Direksi dan                RUPS Tahunan di tahun 2024 dan 2025
                                              anggota Dewan Komisaris                    tidak diselenggarakan secara fisik,
                                              Perusahaan Terbuka hadir dalam             melainkan dilakukan secara sirkuler
                                              RUPS Tahunan.                              melalui Keputusan Edaran sebagai
                                              All members of the Board of                pengganti RUPS Tahunan.
                                              Directors and the Board of                 Hal ini dilakukan karena pada saat itu
                                              Commissioners attend the Annual            Perseroan masih berstatus sebagai
                                              GMS.                                       Perseroan tertutup, mengingat Perseroan
                                                                                         baru resmi menjadi perusahaan publik
                                                                                         sejak tanggal 9 Juli 2025.
                                                                                         The Annual GMS in 2024 and 2025
                                                                                         was not held physically, but instead
                                                                                         conducted circularly through Written
                                                                                         Resolutions as a substitute for the Annual
                                                                                         GMS.
                                                                                         This was because the Company was still
                                                                                         a private company at that time, as it only
                                                                                         officially became a public company on 9
                                                                                         July 2025.
                                     1.3      Ringkasan risalah RUPS tersedia            Hingga saat ini, Ringkasar RUPS belum
                                              dalam situs web Perusahaan                 dimuat pada situs web Perseroan,
                                              Terbuka paling sedikit selama 1            mengingat Perseroan baru resmi menjadi
                                              (satu) tahun.                              perusahaan publik (Tbk) sejak 9 Juli
                                              A summary of the GMS minutes               2025.
                                              is available on the Company’s              To date, the GMS summary has not been
                                              website for at least one year.             published on the Company’s website, as
                                                                                         the Company only officially became a
                                                                                         public company (Tbk) on 9 July 2025.




PT Chandra Daya Investasi Tbk                                        205                               2025 Laporan Tahunan | Annual Report
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                                                01                            02                           03
                                                     Ikhtisar Kinerja              Laporan Manajemen            Profil Perusahaan
                                                     Performance Highlights        Management Reports           Company Profile




                                                      Rekomendasi
                                                     Recommendation
          Prinsip                                                                             Pelaksanaan di Perusahaan
          Principle                                                                         Implementation in the Company
                                                               Perihal
                                       No.                     About

Prinsip 2: Meningkatkan                2.1   Perusahaan Terbuka memiliki suatu        Perseroan belum memiliki kebijakan
Kualitas Komunikasi                          kebijakan komunikasi dengan              khusus mengenai komunikasi dengan
Perusahaan Terbuka                           pemegang saham atau investor.            Pemegang Saham atau investor.
dengan Pemegang Saham                        The Public Company has a                 Namun demikian, Perseroan senantiasa
atau Investor                                communication policy with                melaksanakan kegiatan komunikasi publik
Principle 2: Improving                       shareholders or investors.               sesuai ketentuan Otoritas Jasa Keuangan,
the Quality of                                                                        termasuk POJK No. 31/POJK.04/2015
Communication with                                                                    tentang Keterbukaan Informasi serta
Shareholders or Investors                                                             perubahannya melalui POJK No. 45
                                                                                      Tahun 2024 tentang Pengembangan dan
                                                                                      Penguatan Emiten dan Perusahaan Publik.
                                                                                      The Company does not yet have a
                                                                                      specific policy regarding communication
                                                                                      with shareholders or investors. However,
                                                                                      it consistently conducts public
                                                                                      communication activities in accordance
                                                                                      with Financial Services Authority
                                                                                      regulations, including POJK No. 31/
                                                                                      POJK.04/2015 on Information Disclosure
                                                                                      and its amendment POJK No. 45 of 2024
                                                                                      on the Development and Strengthening
                                                                                      of Issuers and Public Companies.
                                       2.2   Perusahaan Terbuka                       Perseroan belum memiliki kebijakan
                                             mengungkapkan kebijakan                  khusus terkait komunikasi dengan
                                             komunikasi Perusahaan Terbuka            Pemegang Saham atau investor yang
                                             dengan pemegang saham atau               dicantumkan di situs web. Namun
                                             investor dalam situs web.                demikian, Perseroan senantiasa
                                             The Public Company discloses             melaksanakan kegiatan komunikasi
                                             its communication policy with            kepada publik sesuai ketentuan Otoritas
                                             shareholders or investors on its         Jasa Keuangan, termasuk Peraturan No.
                                             website.                                 31/POJK.04/2015 tentang Keterbukaan
                                                                                      Informasi serta perubahan sebagian
                                                                                      melalui Peraturan No. 45 Tahun 2024
                                                                                      tentang Pengembangan dan Penguatan
                                                                                      Emiten dan Perusahaan Publik. Penerapan
                                                                                      kebijakan ini dijalankan melalui Sekretaris
                                                                                      Perusahaan dan telah dimuat dalam
                                                                                      Laporan Tahunan yang diunggah di situs
                                                                                      web Perseroan.
                                                                                      The Company does not yet have a
                                                                                      specific communication policy with
                                                                                      shareholders or investors disclosed
                                                                                      on its website. However, the Company
                                                                                      consistently conducts public
                                                                                      communication activities in accordance
                                                                                      with applicable OJK regulations, including
                                                                                      POJK No. 31/POJK.04/2015 and its
                                                                                      amendment through POJK No. 45 of
                                                                                      2024. The implementation of this policy
                                                                                      is carried out through the Corporate
                                                                                      Secretary and has been disclosed in
                                                                                      the Annual Report published on the
                                                                                      Company’s website.




2025 Laporan Tahunan | Annual Report                                    206                                PT Chandra Daya Investasi Tbk
Page 207
    04                                                       05                                            06
         Analisis dan Pembahasan Manajemen                        Tata Kelola Perusahaan                        Laporan Keuangan
         Management Discussion and Analysis                       Good Corporate Governance                     Financial Reports




                                                    Rekomendasi
                                                   Recommendation
           Prinsip                                                                              Pelaksanaan di Perusahaan
           Principle                                                                          Implementation in the Company
                                                            Perihal
                                    No.                     About

Aspek 2: Fungsi dan Peran Dewan Komisaris
Aspect 2: Function and Role of the Board of Commissioners

Prinsip 3: Memperkuat                3.1      Penentuan jumlah anggota Dewan             Jumlah Dewan Komisaris Perseroan saat
Keanggotaan dan                               Komisaris mempertimbangkan                 ini sebanyak 6 (enam) orang, yang telah
Komposisi Dewan                               kondisi Perusahaan Terbuka.                disesuaikan dengan perkembangan usaha
Komisaris                                     The determination of the number            Perseroan sampai dengan saat ini.
Principle 3: Strengthening                    of members of the Board of                 The Company currently has six (6)
the Membership and                            Commissioners considers the                members of the Board of Commissioners,
Composition of the Board                      condition of the Public Company.           adjusted to the Company’s business
of Commissioners                                                                         development to date.
                                    3.2       Penentuan komposisi anggota                Setiap anggota Dewan Komisaris
                                              Dewan Komisaris memperhatikan              Perseroan memiliki latar belakang
                                              keberagaman keahlian,                      pendidikan dan pengalaman yang
                                              pengetahuan, dan pengalaman                beragam sesuai dengan tugas dan
                                              yang dibutuhkan.                           tanggung jawabnya. Keberagaman ini
                                              The determination of the                   memperkuat pengambilan keputusan
                                              composition of the Board of                strategis dan mendukung penerapan
                                              Commissioners considers diversity          tata kelola perusahaan yang baik serta
                                              of expertise, knowledge, and               keberlanjutan usaha.
                                              experience.                                Each member of the Company’s
                                                                                         Board of Commissioners has diverse
                                                                                         educational backgrounds and experience
                                                                                         in accordance with their respective
                                                                                         duties and responsibilities. This diversity
                                                                                         strengthens strategic decision-making
                                                                                         and supports the implementation of
                                                                                         good corporate governance and business
                                                                                         sustainability.




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                                       01                            02                        03
                                            Ikhtisar Kinerja              Laporan Manajemen         Profil Perusahaan
                                            Performance Highlights        Management Reports        Company Profile




 06
 Laporan
 Keuangan
 Financial Statements




2025 Laporan Tahunan | Annual Report                           208                             PT Chandra Daya Investasi Tbk
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         Analisis dan Pembahasan Manajemen         Tata Kelola Perusahaan              Laporan Keuangan
         Management Discussion and Analysis        Good Corporate Governance           Financial Reports




PT Chandra Daya Investasi Tbk                         209                      2025 Laporan Tahunan | Annual Report
Page 210
PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK/AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN/
CONSOLIDATED FINANCIAL STATEMENTS

UNTUK TAHUN-TAHUN YANG BERAKHIR
31 DESEMBER 2025 DAN 2024/
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

DAN LAPORAN AUDITOR INDEPENDEN/
AND INDEPENDENT AUDITOR’S REPORT
Page 211
PT CHANDRA DAYA INVESTASI Tbk                                          PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                AND ITS SUBSIDIARIES
DAFTAR ISI                                                                        TABLE OF CONTENTS


                                                Halaman/
                                                  Page

SURAT PERNYATAAN DIREKSI                                   DIRECTORS’ STATEMENT LETTER

LAPORAN AUDITOR INDEPENDEN                                 INDEPENDENT AUDITOR’S REPORT

LAPORAN   KEUANGAN     KONSOLIDASIAN   -                   CONSOLIDATED FINANCIAL STATEMENTS -
   Untuk   tahun-tahun    yang  berakhir                     For the years ended December 31, 2025
   31 Desember 2025 dan 2024                                 and 2024

  Laporan Posisi Keuangan Konsolidasian            1         Consolidated Statements of Financial Position

  Laporan Laba Rugi dan Penghasilan                          Consolidated Statements of Profit or Loss and
     Komprehensif Lain Konsolidasian               3            Other Comprehensive Income

  Laporan Perubahan Ekuitas Konsolidasian          4         Consolidated Statements of Changes in Equity

  Laporan Arus Kas Konsolidasian                   5         Consolidated Statements of Cash Flows

  Catatan atas Laporan Keuangan Konsolidasian      6         Notes to Consolidated Financial Statements
Page 212

          
Page 213
              Laporan Auditor Independen                             Independent Auditor’s Report


No. 00075/2.1460/AU.1/02/1766-3/1/III/2026                No. 00075/2.1460/AU.1/02/1766-3/1/III/2026

Pemegang Saham, Dewan Komisaris dan Direksi               The Shareholders, Board of Commissioners and
                                                          Directors

PT Chandra Daya Investasi Tbk                             PT Chandra Daya Investasi Tbk

Opini                                                     Opinion

Kami     telah   mengaudit      laporan      keuangan     We have audited the consolidated financial
konsolidasian PT Chandra Daya Investasi Tbk dan           statements of PT Chandra Daya Investasi Tbk and its
entitas anak (“Grup”), yang terdiri dari laporan posisi   subsidiaries (the “Group”), which comprise the
keuangan konsolidasian tanggal 31 Desember 2025,          consolidated statements of financial position as at
serta laporan laba rugi dan penghasilan                   December 31, 2025, and the consolidated statements
komprehensif lain konsolidasian, laporan perubahan        of profit or loss and other comprehensive income,
ekuitas konsolidasian dan laporan arus kas                consolidated statements of changes in equity and
konsolidasian untuk tahun yang berakhir pada              consolidated statements of cash flows for the year
tanggal tersebut, serta catatan atas laporan              then ended, and notes to the consolidated financial
keuangan konsolidasian, termasuk informasi                statements, including material accounting policy
kebijakan akuntansi material.                             information.

Menurut opini kami, laporan keuangan konsolidasian        In our opinion, the accompanying consolidated
terlampir menyajikan secara wajar, dalam semua hal        financial statements present fairly, in all material
yang material, posisi keuangan konsolidasian Grup         respects, the consolidated financial position of the
tanggal 31 Desember 2025, serta kinerja keuangan          Group as at December 31, 2025, and its consolidated
konsolidasian dan arus kas konsolidasiannya untuk         financial performance and its consolidated cash
tahun yang berakhir pada tanggal tersebut, sesuai         flows for the year then ended in accordance with
dengan Standar Akuntansi Keuangan Indonesia.              Indonesian Financial Accounting Standards.

Basis Opini                                               Basis for Opinion

Kami melaksanakan audit kami berdasarkan Standar          We conducted our audit in accordance with
Audit yang ditetapkan oleh Institut Akuntan Publik        Standards on Auditing established by the Indonesian
Indonesia. Tanggung jawab kami menurut standar            Institute of Certified Public Accountants. Our
tersebut diuraikan lebih lanjut dalam paragraf            responsibilities under those standards are further
Tanggung Jawab Auditor terhadap Audit atas Laporan        described in the Auditor’s Responsibilities for the
Keuangan Konsolidasian pada laporan kami. Kami            Audit of the Consolidated Financial Statements
independen terhadap Grup berdasarkan ketentuan            paragraph of our report. We are independent of the
etika yang relevan dalam audit kami atas laporan          Group in accordance with the ethical requirements
keuangan konsolidasian di Indonesia, dan kami telah       that are relevant to our audit of the consolidated
memenuhi       tanggung     jawab     etika   lainnya     financial statements in Indonesia, and we have
berdasarkan ketentuan tersebut. Kami yakin bahwa          fulfilled our other ethical responsibilities in
bukti audit yang telah kami peroleh adalah cukup dan      accordance with these requirements. We believe
tepat untuk menyediakan suatu basis bagi opini            that the audit evidence we have obtained is sufficient
audit kami.                                               and appropriate to provide a basis for our opinion.
Page 214
Hal Audit Utama                                         Key Audit Matter

Hal audit utama adalah hal yang, menurut                Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal yang       professional judgment, were of most significance in
paling signifikan dalam audit kami atas laporan         our audit of the consolidated financial statements of
keuangan konsolidasian periode kini. Hal tersebut       the current period. This matter was addressed in the
disampaikan dalam konteks audit kami atas laporan       context of our audit of the consolidated financial
keuangan konsolidasian secara keseluruhan, dan          statements as a whole, and in forming our opinion
dalam merumuskan opini kami atas laporan                thereon, and we do not provide a separate opinion on
keuangan konsolidasian terkait, kami tidak              these matters.
menyatakan suatu opini terpisah atas hal audit
utama tersebut.

Penyisihan untuk kerugian kredit ekspektasian           Allowance for expected credit losses (“ECL”) for
(“KKE”) atas piutang usaha                              trade accounts receivable

Pada tanggal 31 Desember 2025, piutang usaha -          As of December 31, 2025, the Group’s net trade
bersih Grup adalah sebesar US$ 16.834.218, terdiri      accounts receivable amounting to US$ 16,834,218,
dari jumlah piutang usaha sebesar US$ 17.273.869        comprise of gross trade accounts receivable
dan cadangan kerugian kredit sebesar US$ 439.651.       amounting to US$ 17,273,869 and an allowance for
                                                        credit losses amounting to US$ 439,651.

Grup menggunakan persyaratan dari PSAK 109              The Group applies PSAK 109 Financial Instruments
Instrumen Keuangan, untuk menghitung KKE atas           requirements to calculate ECL for trade accounts
piutang usaha. Tingkat KKE adalah berdasarkan           receivable. The ECL rates are based on historical
Tingkat kerugian kredit historis atas pengelompokan     defaults rates for groupings of various customer
berbagai segmen pelanggan yang memiliki risiko          segments     that     have  similar  credit   risk
kredit yang sama, disesuaikan dengan informasi          characteristics, adjusted with forward-looking
masa depan. Sesuai yang diungkapkan pada Catatan        information. As disclosed in Note 4 to the
4 atas laporan keuangan konsolidasian, penilaian ini    consolidated      financial  statements,    these
melibatkan pertimbangan dan estimasi manajemen          assessments involve significant management
yang signifikan.                                        judgement and estimates.

Pengungkapan Grup mengenai piutang usaha                The Group’s disclosures on the trade accounts
dijelaskan dalam Catatan 4 dan 7 atas laporan           receivable are set out in Notes 4 and 7 to the
keuangan konsolidasian.                                 consolidated financial statements.

Bagaimana hal ini ditangani dalam audit                 How the matter was addressed in the audit

Kami telah melakukan pemahaman terkait dengan           We obtained an understanding on the process flow of
alur proses bagaimana manajemen menentukan dan          how management determine and calculate the
menghitung KKE atas piutang usaha. Kami juga            allowance for ECL of trade accounts receivable. We
melakukan tes desain dan implementasi dari              also performed the test of design and
pengendalian internal terkait dengan perhitungan        implementation of the relevant controls related to
KKE.                                                    the calculation of ECL.

Kami mengevaluasi kewajaran asumsi (yaitu definisi      We evaluated the reasonableness of key
gagal bayar, pengelompokan atas segmen                  assumptions (i.e., definition of default, grouping of
pelanggan, karakteristik risiko kredit, dan informasi   various     customer     segments,      credit   risk
masa depan) yang digunakan oleh manajemen untuk         characteristics and forward-looking information)
mengestimasi cadangan kerugian kredit.                  used by management to estimate the allowance for
                                                        credit losses.

Kami mengevaluasi keakuratan dan kelengkapan            We evaluated accuracy and completeness of data
data yang digunakan dalam model KKE dan                 used in the ECL model and checked the
memeriksa keakuratan matematis dari perhitungan         mathematical accuracy of the calculation.
tersebut.

Kami menilai kesesuaian penyajian dalam laporan         We assessed the appropriateness of the related
keuangan konsolidasian Grup.                            disclosures in the Group’s consolidated financial
                                                        statements.
Page 215
Informasi Lain                                         Other Information

Manajemen bertanggung jawab atas informasi lain.       Management is responsible for the other
Informasi lain terdiri dari informasi yang tercantum   information. The other information comprises the
dalam laporan tahunan, tetapi tidak termasuk           information included in the annual report, but does
laporan keuangan konsolidasian dan laporan auditor     not include the consolidated financial statements
kami. Laporan tahunan diharapkan akan tersedia         and our auditor’s report thereon. The annual report is
bagi kami setelah tanggal laporan auditor ini.         expected to be made available to us after the date of
                                                       this auditor’s report.

Opini kami atas laporan keuangan konsolidasian         Our opinion on the consolidated financial
tidak mencakup informasi lain, dan oleh karena itu,    statements does not cover the other information and
kami tidak menyatakan bentuk keyakinan apapun          we do not express any form of assurance conclusion
atas informasi lain tersebut.                          thereon.

Sehubungan dengan audit kami atas laporan              In connection with our audit of the consolidated
keuangan konsolidasian, tanggung jawab kami            financial statements, our responsibility is to read the
adalah untuk membaca informasi lain yang               other information identified above when it becomes
teridentifikasi di atas, jika tersedia dan, dalam      available and, in doing so, consider whether the other
melaksanakannya, mempertimbangkan apakah               information is materially inconsistent with the
informasi lain mengandung ketidakkonsistensian         consolidated financial statements or our knowledge
material dengan laporan keuangan konsolidasian         obtained in the audit, or otherwise appears to be
atau pemahaman yang kami peroleh selama audit,         materially misstated.
atau mengandung kesalahan penyajian material.

Ketika kami membaca laporan tahunan, jika kami         When we read the annual report, if we conclude that
menyimpulkan bahwa terdapat suatu kesalahan            there is a material misstatement therein, we are
penyajian material di dalamnya, kami diharuskan        required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada pihak       charged with governance and take appropriate
yang bertanggung jawab atas tata kelola dan            actions in accordance with Standards on Auditing
mengambil tindakan tepat berdasarkan Standar           established by the Indonesian Institute of Certified
Audit yang ditetapkan oleh Institut Akuntan Publik     Public Accountants.
Indonesia.

Tanggung Jawab Manajemen dan Pihak yang                Responsibilities of Management and Those
Bertanggung Jawab atas Tata Kelola terhadap            Charged with Governance for the Consolidated
Laporan Keuangan Konsolidasian                         Financial Statements

Manajemen bertanggung jawab atas penyusunan            Management is responsible for the preparation and
dan penyajian wajar laporan keuangan konsolidasian     fair presentation of these consolidated financial
tersebut sesuai dengan Standar Akuntansi Keuangan      statements in accordance with Indonesian Financial
Indonesia, dan atas pengendalian internal yang         Accounting Standards, and for such internal control
dianggap     perlu    oleh    manajemen      untuk     as management determines is necessary to enable
memungkinkan penyusunan laporan keuangan               the preparation of the consolidated financial
konsolidasian yang bebas dari kesalahan penyajian      statements that are free from material
material, baik yang disebabkan oleh kecurangan         misstatement, whether due to fraud or error.
maupun kesalahan.

Dalam        penyusunan       laporan    keuangan      In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab untuk       management is responsible for assessing the
menilai kemampuan Grup dalam mempertahankan            Group’s ability to continue as a going concern,
kelangsungan usahanya, mengungkapkan, sesuai           disclosing, as applicable, matters related to going
dengan kondisinya, hal-hal yang berkaitan dengan       concern and using the going concern basis of
kelangsungan usaha, dan menggunakan basis              accounting unless management either intends to
akuntansi kelangsungan usaha, kecuali manajemen        liquidate the Group or to cease operations, or has no
memiliki intensi untuk melikuidasi Grup atau           realistic alternative but to do so.
menghentikan operasi, atau tidak memiliki alternatif
yang realistis selain melaksanakannya.
Page 216
Pihak yang bertanggung jawab atas tata kelola          Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses               overseeing the Group’s financial reporting process.
pelaporan keuangan Grup.

Tanggung Jawab Auditor terhadap Audit atas             Auditor’s Responsibilities for the Audit of the
Laporan Keuangan Konsolidasian                         Consolidated Financial Statements

Tujuan kami adalah untuk memperoleh keyakinan          Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan                about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari            statements as a whole are free from material
kesalahan penyajian material, baik yang disebabkan     misstatement, whether due to fraud or error, and to
oleh kecurangan maupun kesalahan, dan untuk            issue an auditor’s report that includes our opinion.
menerbitkan laporan auditor yang mencakup opini        Reasonable assurance is a high level of assurance,
kami. Keyakinan memadai merupakan suatu tingkat        but is not a guarantee that an audit conducted in
keyakinan tinggi, namun bukan merupakan suatu          accordance with Standards on Auditing will always
jaminan     bahwa      audit    yang    dilaksanakan   detect a material misstatement when it exists.
berdasarkan Standar Audit akan selalu mendeteksi       Misstatements can arise from fraud or error and are
kesalahan penyajian material ketika hal tersebut       considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh         aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap               influence the economic decisions of users taken on
material jika, baik secara individual maupun secara    the basis of these consolidated financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil oleh
pengguna       berdasarkan      laporan     keuangan
konsolidasian tersebut.

Sebagai bagian dari suatu audit berdasarkan Standar    As part of an audit in accordance with Standards on
Audit, kami menerapkan pertimbangan profesional        Auditing, we exercise professional judgment and
dan mempertahankan skeptisisme profesional             maintain professional skepticism throughout the
selama audit. Kami juga:                               audit. We also:
•   Mengidentifikasi dan menilai risiko kesalahan      •   Identify and assess the risks of material
    penyajian material dalam laporan keuangan              misstatement of the consolidated financial
    konsolidasian, baik yang disebabkan oleh               statements, whether due to fraud or error, design
    kecurangan maupun kesalahan, merancang dan             and perform audit procedures responsive to
    melaksanakan prosedur audit yang responsif             those risks, and obtain audit evidence that is
    terhadap risiko tersebut, serta memperoleh             sufficient and appropriate to provide a basis for
    bukti audit yang cukup dan tepat untuk                 our opinion. The risk of not detecting a material
    menyediakan basis bagi opini kami. Risiko tidak        misstatement resulting from fraud is higher than
    terdeteksinya kesalahan penyajian material yang        for one resulting from error, as fraud may involve
    disebabkan oleh kecurangan lebih tinggi dari           collusion, forgery, intentional omissions,
    yang disebabkan oleh kesalahan, karena                 misrepresentations, or the override of internal
    kecurangan      dapat    melibatkan     kolusi,        control.
    pemalsuan, penghilangan secara sengaja,
    pernyataan      salah,    atau     pengabaian
    pengendalian internal.
•   Memperoleh suatu pemahaman tentang                 •   Obtain an understanding of internal control
    pengendalian internal yang relevan dengan audit        relevant to the audit in order to design audit
    untuk merancang prosedur audit yang tepat              procedures that are appropriate in the
    sesuai kondisinya, tetapi bukan untuk tujuan           circumstances, but not for the purpose of
    menyatakan opini atas efektivitas pengendalian         expressing an opinion on the effectiveness of the
    internal Grup.                                         Group’s internal control.
•   Mengevaluasi ketepatan kebijakan akuntansi         •   Evaluate the appropriateness of accounting
    yang digunakan serta kewajaran estimasi                policies used and the reasonableness of
    akuntansi dan pengungkapan terkait yang dibuat         accounting estimates and related disclosures
    oleh manajemen.                                        made by management.
Page 217
•   Menyimpulkan ketepatan penggunaan basis              •   Conclude      on   the     appropriateness     of
    akuntansi kelangsungan usaha oleh manajemen              management's use of the going concern basis of
    dan, berdasarkan bukti audit yang diperoleh,             accounting and, based on the audit evidence
    apakah terdapat suatu ketidakpastian material            obtained, whether a material uncertainty exists
    yang terkait dengan peristiwa atau kondisi yang          related to events or conditions that may cast
    dapat menyebabkan keraguan signifikan atas               significant doubt on the Group's ability to
    kemampuan Grup untuk mempertahankan                      continue as a going concern. If we conclude that
    kelangsungan       usahanya.      Ketika     kami        a material uncertainty exists, we are required to
    menyimpulkan        bahwa      terdapat     suatu        draw attention in our auditor's report to the
    ketidakpastian material, kami diharuskan untuk           related disclosures in the consolidated financial
    menarik perhatian dalam laporan auditor kami             statements or, if such disclosures are
    ke pengungkapan terkait dalam laporan                    inadequate, to modify our opinion. Our
    keuangan        konsolidasian       atau,     jika       conclusions are based on the audit evidence
    pengungkapan tersebut tidak memadai, harus               obtained up to the date of our auditor's report.
    menentukan apakah perlu untuk memodifikasi               However, future events or conditions may cause
    opini kami. Kesimpulan kami didasarkan pada              the Group to cease to continue as a going
    bukti audit yang diperoleh hingga tanggal laporan        concern.
    auditor kami. Namun, peristiwa atau kondisi
    masa depan dapat menyebabkan Grup tidak
    dapat mempertahankan kelangsungan usaha.
•   Mengevaluasi penyajian, struktur, dan isi laporan    •   Evaluate the overall presentation, structure and
    keuangan konsolidasian secara keseluruhan,               content of the consolidated financial
    termasuk pengungkapannya, dan apakah                     statements, including the disclosures, and
    laporan keuangan konsolidasian mencerminkan              whether the consolidated financial statements
    transaksi dan peristiwa yang mendasarinya                represent the underlying transactions and
    dengan suatu cara yang mencapai penyajian                events in a manner that achieves fair
    wajar.                                                   presentation.

•   Memperoleh bukti audit yang cukup dan tepat          •   Obtain sufficient appropriate audit evidence
    terkait informasi keuangan entitas atau aktivitas        regarding the financial information of the entities
    bisnis dalam Grup untuk menyatakan opini atas            business activities within the Group to express
    laporan      keuangan   konsolidasian.     Kami          an opinion on the consolidated financial
    bertanggung jawab atas arahan, supervisi, dan            statements. We are responsible for the
    pelaksanaan      audit   Grup.    Kami     tetap         direction, supervision and performance of the
    bertanggung jawab sepenuhnya atas opini audit            group audit. We remain solely responsible for
    kami.                                                    our audit opinion.

Kami mengomunikasikan kepada pihak yang                  We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, antara      governance regarding, among other matters, the
lain, ruang lingkup dan saat yang direncanakan atas      planned scope and timing of the audit and significant
audit, serta temuan audit signifikan, termasuk setiap    audit findings, including any significant deficiencies
defisiensi signifikan dalam pengendalian internal        in internal control that we identify during our audit.
yang teridentifikasi oleh kami selama audit.

Kami juga memberikan suatu pernyataan kepada             We also provide those charged with governance with
pihak yang bertanggung jawab atas tata kelola bahwa      a statement that we have complied with relevant
kami telah mematuhi ketentuan etika yang relevan         ethical requirements regarding independence, and
mengenai independensi, dan mengomunikasikan              to communicate with them all relationships and
seluruh hubungan, serta hal-hal lain yang dianggap       other matters that may reasonably be thought to
secara wajar berpengaruh terhadap independensi           bear on our independence, and where applicable,
kami, dan jika relevan, pengamanan terkait.              related safeguards.
Page 218

          
Page 219
PT CHANDRA DAYA INVESTASI Tbk DAN ENTITAS ANAK                                                        PT CHANDRA DAYA INVESTASI Tbk AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN                                                                     CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024                                                                                                    DECEMBER 31, 2025 AND 2024

                                                               31 Desember/    31 Desember/    1 Januari/
                                                    Catatan/   December 31,    December 31,    January 1,
                                                     Notes         2025           2024 *)        2024 *)
                                                                   US$              US$            US$
ASET                                                                                                         ASSETS

ASET LANCAR                                                                                                  CURRENT ASSETS
Kas dan setara kas                                     6        470.147.273     180.244.321    589.816.580   Cash and cash equivalents
Piutang usaha                                          7                                                     Trade accounts receivable
   Pihak berelasi                                                    722.705       1.394.082        41.979     Related parties
   Pihak ketiga - bersih                                          16.111.513      16.662.210    16.722.056     Third parties - net
Piutang lain-lain                                      7                                                     Other accounts receivable
   Pihak berelasi                                                 10.658.528       5.707.224        68.320     Related parties
   Pihak ketiga                                                    4.259.527       3.303.026       211.081     Third parties
Persediaan bahan pembantu, suku cadang                                                                       Inventories of indirect materials,
   dan bahan bakar minyak                                         1.052.313        1.151.969     1.140.387     spareparts and fuels
Pajak dibayar di muka                                 29          8.509.708        2.541.937       804.341   Prepaid taxes
Investasi pada aset keuangan lainnya                  13        326.400.001          -             -         Investment in other financial assets
Aset lancar lainnya                                   8         107.284.601       26.072.771    17.575.280   Other current assets

                                                                945.146.169     237.077.540    626.380.024
Aset tidak lancar yang dimiliki untuk dijual           9            -            26.222.792     26.222.792   Non-current assets held-for-sale

Jumlah Aset Lancar                                              945.146.169     263.300.332    652.602.816   Total Current Assets

ASET TIDAK LANCAR                                                                                            NON-CURRENT ASSETS
Piutang pinjaman dari pihak berelasi                  31            -            38.395.991        -         Loan receivable from a related party
Investasi pada entitas asosiasi                       11        150.728.791     143.709.099    139.638.272   Investment in associates
Aset hak-guna - bersih                                            4.012.647          86.794        202.105   Right-of-use assets - net
Aset tetap - bersih                                   10        377.145.325     186.873.422    117.810.272   Property, plant and equipment - net
Properti investasi                                               20.668.559       4.550.511      4.550.511   Investment properties
Klaim atas pengembalian pajak                                       810.760         610.042        171.939   Claims for tax refund
Goodwill                                              12          2.827.633       2.827.633      2.827.633   Goodwill
Investasi pada aset keuangan lainnya                  13        226.706.487     436.801.069        -         Investment in other financial assets
Aset tidak lancar lainnya                                        15.785.736       3.383.825      2.522.724   Other non-current assets

Jumlah Aset Tidak Lancar                                        798.685.938     817.238.386    267.723.456   Total Non-current Assets

JUMLAH ASET                                                    1.743.832.107   1.080.538.718   920.326.272   TOTAL ASSETS


*) Disajikan kembali (Catatan 5)                                                                                                                *) As restated (Note 5)

Lihat catatan atas laporan keuangan konsolidasian                                                                            See accompanying notes to consolidated
yang merupakan bagian yang tidak terpisahkan                                                                           financial statements which are an integral part
dari laporan keuangan konsolidasian.                                                                                         of the consolidated financial statements.




                                                                         -1-
Page 220
PT CHANDRA DAYA INVESTASI Tbk DAN ENTITAS ANAK                                                         PT CHANDRA DAYA INVESTASI Tbk AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN                                                                      CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2025 DAN 2024                                                                                                     DECEMBER 31, 2025 AND 2024

                                                                31 Desember/    31 Desember/    1 Januari/
                                                     Catatan/   December 31,    December 31,    January 1,
                                                      Notes         2025           2024 *)        2024 *)
                                                                    US$              US$            US$
LIABILITAS DAN EKUITAS                                                                                        LIABILITIES AND EQUITY

LIABILITAS JANGKA PENDEK                                                                                      CURRENT LIABILITIES
Utang bank jangka pendek                               17            -               -              648.677   Short-term bank loans
Utang usaha                                            14                                                     Trade accounts payable
   Pihak berelasi                                                     605.138         300.921         3.855     Related parties
   Pihak ketiga                                                     4.235.634       1.324.616     3.898.991     Third parties
Utang lain-lain kepada pihak ketiga                    14           1.224.987       7.431.744     1.026.664   Other accounts payable to third parties
Utang pajak                                            15           2.197.006       1.116.574     4.881.720   Taxes payable
Biaya yang masih harus dibayar                         16          12.216.381      10.043.879    11.744.479   Accrued expenses
Uang jaminan pelanggan                                 23          10.763.345       4.204.640       935.364   Customer deposits
Pendapatan diterima di muka                            23           2.739.808         896.894       905.030   Unearned revenues
Liabilitas jangka panjang yang jatuh                                                                          Current maturities of long-term
   tempo dalam satu tahun:                                                                                      liabilities:
   Liabilitas sewa                                                  1.203.664         112.398       214.660     Lease liabilities
   Utang bank                                          17           7.852.123       2.955.280     3.036.937     Bank loans
   Liabilitas imbalan kerja                            18           1.175.306         851.512     1.187.724     Employee benefits obligation

Jumlah Liabilitas Jangka Pendek                                    44.213.392      29.238.458    28.484.101   Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                                     NON-CURRENT LIABILITIES
Liabilitas pajak tangguhan - bersih                    29           6.738.663       5.590.480     5.008.901   Deferred tax liabilities - net
Liabilitas jangka panjang - setelah
   dikurangi bagian yang jatuh tempo                                                                          Long-term liabilities - net of current
   dalam satu tahun:                                                                                            maturities:
   Liabilitas sewa                                                 3.127.391         -               14.985     Lease liabilities
   Utang bank                                          17        550.438.463     289.814.293    195.194.330     Bank loans
   Liabilitas imbalan kerja                            18          3.377.222       3.714.902      4.987.619     Employee benefits obligation

Jumlah Liabilitas Jangka Panjang                                 563.681.739     299.119.675    205.205.835   Total Non-current Liabilities

JUMLAH LIABILITAS                                                607.895.131     328.358.133    233.689.936   TOTAL LIABILITIES

EKUITAS                                                                                                       EQUITY
Modal saham - nilai nominal Rp 100 per saham                                                                  Capital stock - Rp 100 par value per share
  (31 Desember 2024 dan 2023:                                                                                      (December 31, 2024 and 2023:
     Rp 2.000.000 per saham)                                                                                         Rp 2,000,000 per shares)
  Modal dasar - 200.000.000.000 saham                                                                              Authorized - 200,000,000,000 shares
      (31 Desember 2024 dan 2023: 5.000.000 saham)                                                                   (December 31, 2024 and 2023: 5,000,000 shares)
  Modal ditempatkan dan disetor penuh -                                                                            Issued and fully paid -
     124.829.374.700 saham                                                                                           124,829,374,700 shares
     (31 Desember 2024 dan 2023: 4.740.356 saham)      19        795.523.178     611.540.476    611.540.476          (December 31, 2024 and 2023: 4,740,356 shares)
Tambahan modal disetor                                 20        146.383.969       7.296.138      7.296.138   Additional paid-in capital
Ekuitas entitas anak yang berasal dari                                                                        Equity in subsidiary resulting from
  kombinasi bisnis entitas sepengendali                 5             -             4.715.691     4.133.077     business combination under common control
Rugi komprehensif lain                                              (719.540)       (409.393)      (31.554)   Other comprehensive loss
Saldo laba                                                                                                    Retained earnings
  Ditentukan penggunaannya                                             3.605           3.605         -          Appropriated
  Tidak ditentukan penggunaannya                                 131.615.221      30.810.653        180.263     Unappropriated

Ekuitas yang diatribusikan                                                                                    Equity attributable to owners of
  kepada pemilik Entitas Induk                                  1.072.806.433    653.957.170    623.118.400     the Company

Kepentingan nonpengendali                              21          63.130.543      98.223.415    63.517.936   Non-controlling interests

JUMLAH EKUITAS                                                  1.135.936.976    752.180.585    686.636.336   TOTAL EQUITY

JUMLAH LIABILITAS DAN EKUITAS                                   1.743.832.107   1.080.538.718   920.326.272   TOTAL LIABILITIES AND EQUITY



*) Disajikan kembali (Catatan 5)                                                                                                                  *) As restated (Note 5)

Lihat catatan atas laporan keuangan konsolidasian                                                                              See accompanying notes to consolidated
yang merupakan bagian yang tidak terpisahkan                                                                             financial statements which are an integral part
dari laporan keuangan konsolidasian.                                                                                            of the consolidated financial statements.




                                                                          -2-
Page 221
PT CHANDRA DAYA INVESTASI Tbk DAN ENTITAS ANAK                                    PT CHANDRA DAYA INVESTASI Tbk AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN                                                                 CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND
PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN                                                            OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                  FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                DECEMBER 31, 2025 AND 2024


                                                    Catatan/
                                                     Notes        2025          2024 *)
                                                                  US$             US$

PENDAPATAN                                            23       148.032.595     102.254.765    REVENUES

BEBAN POKOK PENDAPATAN                                24       (112.640.469)   (91.789.624)   COST OF REVENUES

LABA KOTOR                                                      35.392.126      10.465.141    GROSS PROFIT

Beban penjualan                                                    (488.986)      (580.249)   Selling expenses
Beban umum dan administrasi                           25        (12.598.302)    (7.668.324)   General and administrative expenses
Beban keuangan                                        26        (28.887.948)   (19.658.346)   Finance costs
Pendapatan keuangan                                   27         24.330.789     20.505.104    Finance income
Pendapatan dari aset keuangan                         13         22.264.188     11.282.560    Income from financial assets
Bagian laba entitas asosiasi                          11         12.397.028     11.795.488    Share in profit of associates
Keuntungan kurs
   mata uang asing - bersih                                      3.319.200       3.373.796    Gain on foreign exchange - net
Keuntungan lain-lain - bersih                         28        76.334.495       4.701.924    Other gains - net

LABA SEBELUM PAJAK                                             132.062.590      34.217.094    PROFIT BEFORE TAX

BEBAN PAJAK PENGHASILAN                               29         (4.273.749)      (737.715)   INCOME TAX EXPENSE

LABA TAHUN BERJALAN                                            127.788.841      33.479.379    PROFIT FOR THE YEAR

(RUGI) PENGHASILAN KOMPREHENSIF LAIN                                                          OTHER COMPREHENSIVE (LOSS) INCOME
Pos yang tidak akan direklasifikasi                                                           Items that will not be reclassified
    ke laba rugi:                                                                                 subsequently to profit or loss:
    Pengukuran kembali atas program                                                               Remeasurement of defined
      imbalan pasti                                   18           (237.539)      165.777           benefits obligation
    Bagian rugi komprehensif lain                                                                 Share of other comprehensive loss
      atas entitas asosiasi                           11           (125.618)      (131.420)         of associates
    Manfaat pajak penghasilan terkait                                96.908         28.213        Related income tax benefit

Pos yang akan direklasifikasi                                                                 Items that may be reclassified
    ke laba rugi:                                                                                 subsequently to profit or loss:
    Keuntungan (kerugian) nilai wajar bersih atas                                                 Net fair value gain (loss) on financial assets
      aset keuangan yang diukur pada FVTOCI                        161.731        (359.078)         at FVTOCI
    Selisih kurs karena penjabaran                                                                Foreign currency translation
      laporan keuangan                                             (299.209)      119.190           adjustment

Jumlah rugi komprehensif lain                                                                 Total other comprehensive loss for
   tahun berjalan, setelah pajak                                   (403.727)      (177.318)          the year, net of tax

JUMLAH LABA KOMPREHENSIF                                                                      TOTAL COMPREHENSIVE INCOME
   TAHUN BERJALAN                                              127.385.114      33.302.061        FOR THE YEAR

LABA TAHUN BERJALAN                                                                           PROFIT FOR THE YEAR
   YANG DIATRIBUSIKAN KEPADA:                                                                    ATTRIBUTABLE TO:
   Pemilik Entitas Induk                                       121.052.564      31.422.725       Owners of the Company
   Kepentingan nonpengendali                                     6.736.277       2.056.654       Non-controlling interests

Laba tahun berjalan                                            127.788.841      33.479.379    Profit for the year

JUMLAH PENGHASILAN KOMPREHENSIF TAHUN                                                         TOTAL COMPREHENSIVE INCOME FOR THE
   BERJALAN DIATRIBUSIKAN KEPADA:                                                                YEAR ATTRIBUTABLE TO:
   Pemilik Entitas Induk                                       120.564.087      31.044.886       Owners of the Company
   Kepentingan nonpengendali                          21         6.821.027       2.257.175       Non-controlling interests

Jumlah Penghasilan Komprehensif                                                               Total Comprehensive Income
   Tahun Berjalan                                              127.385.114      33.302.061       For the Year

LABA PER SAHAM DASAR **)                              30            0,0011         0,0003     EARNINGS PER SHARE **)

**) Laba per saham dasar telah disesuaikan                                                    **) Basic earnings per share has been adjusted
    (Catatan 30)                                                                                  (Note 30)

*) Disajikan kembali (Catatan 5)                                                              *) As restated (Note 5)

Lihat catatan atas laporan keuangan konsolidasian                                                         See accompanying notes to consolidated
yang merupakan bagian yang tidak terpisahkan                                                        financial statements which are an integral part
dari laporan keuangan konsolidasian.                                                                      of the consolidated financial statements.




                                                                 -3-
Page 222
PT CHANDRA DAYA INVESTASI Tbk DAN ENTITAS ANAK                                                                                                                                                                                                                   PT CHANDRA DAYA INVESTASI Tbk AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                                                                                               CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                                                                                                                 FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                                                                                                                                                                                               DECEMBER 31, 2025 AND 2024



                                                                                                                                                                                                             Ekuitas yang
                                                                                                         Ekuitas entitas anak                                                                              dapat diatribusikan
                                                                                                          yang berasal dari                                                                                 kepada pemilik
                                                                                Tambahan modal            kombinasi bisnis/        Rugi komprehensif                   Retained earnings                     entitas induk/           Kepentingan
                                                               Modal disetor/        disetor/            Equity in subsidiary           lainnya/               Ditentukan          Tidak ditentukan        Equity attributable      non-pengendali/
                                                    Catatan/     Paid-up        Additional paid-in         resulting from         Other comprehensive        penggunaannya/         pengunaannya/            to owners of            Non-controling       Jumlah ekuitas/
                                                     Notes     capital stock          capital           business combination              loss                appropriated          Unappropriated           the Company                interest            Total equity
                                                                   US$                 US$                       US$                      US$                     US$                    US$                      US$                     US$                   US$

Saldo per 1 Januari 2024                                                                                                                                                                                                                                                         Balance as of January 1, 2024
  (seperti dilaporkan sebelumnya)                                611.540.476            7.296.138                 -                             (31.554)            -                          180.263           618.985.323             63.517.936           682.503.259         (as previously reported)

Penyesuaian ekuitas anak yang berasal dari                                                                                                                                                                                                                                       Adjustment on equity in subsidiary arising
  kombinasi bisnis                                     5             -                  -                         4.133.077                -                        -                      -                       4.133.077               -                    4.133.077         from business combination

Saldo per 1 Januari 2024                                                                                                                                                                                                                                                         Balance as of January 1, 2024
  setelah penyajian kembali                                      611.540.476            7.296.138                 4.133.077                     (31.554)            -                          180.263           623.118.400             63.517.936           686.636.336         after restated

Laba tahun berjalan *)                                               -                  -                         -                        -                        -                    31.422.725               31.422.725              2.056.654            33.479.379        Profit for the year *)

Rugi komprehensif lain                                               -                  -                         -                            (435.466)            -                      -                            (435.466)              138.958               (296.508)   Other comprehensive loss

Cadangan umum                                                        -                  -                         -                        -                            3.605                    (3.605)            -                      -                     -               Appropriation of general reserve

Pembagian dividen entitas anak                                                                                                                                                                                                                                                   Dividends distributed by subsidiaries
  kepada kepentingan nonpengendali                                   -                  -                         -                        -                        -                      -                        -                     (4.793.164)           (4.793.164)       to non-controlling interests

Selisih kurs penjabaran laporan                                                                                                                                                                                                                                                  Difference in foreign currency translation of
  keuangan konsolidasian                                             -                  -                         -                             57.627              -                      -                             57.627                 61.563               119.190      consolidated financial statements

Perubahan ekuitas sehubungan transaksi dengan                                                                                                                                                                                                                                    Change in equity due to transaction with
  kepentingan nonpengendali atas penambahan                                                                                                                                                                                                                                       non-controlling interest related with
  investasi pada saham entitas anak                                  -                  -                         -                        -                        -                      -                        -                    35.575.874            35.575.874         addition of investment in shares of subsidiaries

Ekuitas entitas anak yang berasl dari                                                                                                                                                                                                                                            Equity in subsidiary resulting from
  kombinasi bisnis                                                   -                  -                             582.614              -                        -                          (788.730)                (206.116)         1.665.594             1.459.478         business combination

Saldo per 31 Desember 2024                                       611.540.476            7.296.138                 4.715.691                    (409.393)                3.605            30.810.653              653.957.170             98.223.415           752.180.585        Balance as of December 31, 2024


Penerbitan modal saham                              19, 20       183.982.702         139.554.365                  -                        -                        -                      -                     323.537.067               -                  323.537.067        Issuance of the additional capital stock

Laba tahun berjalan                                                  -                  -                         -                        -                        -                   121.052.564              121.052.564              6.736.277           127.788.841        Profit for the year

Rugi komprehensif lain                                               -                  -                         -                             (95.282)            -                      -                             (95.282)               (9.236)              (104.518)   Other comprehensive loss

Dividen tunai                                         19             -                  -                         -                        -                        -                    (20.000.000)            (20.000.000)              -                  (20.000.000)       Cash dividends

Pembagian dividen entitas anak                                                                                                                                                                                                                                                   Dividends distributed by subsidiaries
  kepada kepentingan nonpengendali                    21             -                  -                         -                        -                        -                      -                        -                     (9.780.307)           (9.780.307)       to non-controlling interests

Pembagian dividen kepada                                                                                                                                                                                                                                                         Dividends distributed to
  pemegang saham terdahulu                                           -                  -                             (220.913)            -                        -                      -                            (220.913)          -                         (220.913)    previous shareholders

Selisih kurs penjabaran laporan                                                                                                                                                                                                                                                  Difference in foreign currency translation of
  keuangan konsolidasian                                             -                  -                         -                            (393.195)            -                      -                            (393.195)               93.986               (299.209)    consolidated financial statements

Perubahan ekuitas sehubungan transaksi dengan                                                                                                                                                                                                                                    Change in equity due to transaction with
  kepentingan nonpengendali atas investasi                                                                                                                                                                                                                                        non-controlling interest related with
  pada saham entitas anak                                            -                  -                         -                        -                        -                      -                                 -          (32.133.592)          (32.133.592)        investment in shares of subsidiaries

Selisih nilai transaksi restrukturisasi                                                                                                                                                                                                                                          Difference in value of restructuring transactions
  entitas sepengendali                                22             -                      (466.534)             -                        -                        -                      -                            (466.534)          -                         (466.534)    among entity under common control

Perubahan ekuitas sehubungan                                                                                                                                                                                                                                                     Change in equity relation to
  dengan akuisisi entitas anak                        22             -                                           (4.494.778)                   178.330              -                          (247.996)          (4.564.444)              -                    (4.564.444)       acquisition of subsidiary
Saldo per 31 Desember 2025                                       795.523.178         146.383.969                  -                            (719.540)                3.605           131.615.221            1.072.806.433             63.130.543         1.135.936.976        Balance as of December 31, 2025

*) Disajikan kembali (Catatan 5)                                                                                                                                                                                                                                                  *) As restated (Note 5)

Lihat catatan atas laporan keuangan konsolidasian                                                                                                                                                                                                                                            See accompanying notes to consolidated
yang merupakan bagian yang tidak terpisahkan                                                                                                                                                                                                                                          financial statements which are an integral part
dari laporan keuangan konsolidasian.                                                                                                                                                                                                                                                         of the consolidated financial statements.




                                                                                                                                                           -4-
Page 223
PT CHANDRA DAYA INVESTASI Tbk                                                                             PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                   AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN                                                                   CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                    FOR THE YEARS ENDED
31 DESEMBER 2025 DAN 2024                                                                                     DECEMBER 31, 2025 AND 2024

                                                    Catatan/
                                                     Notes       2025           2024 *)
                                                                 US$              US$

ARUS KAS DARI AKTIVITAS OPERASI                                                                CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari pelanggan                                   157.671.603    106.488.228     Cash receipts from customers
Pembayaran kas kepada pemasok dan lainnya                      (121.988.627)   (95.657.360)    Cash paid to suppliers and others
Pembayaran kas kepada direksi dan karyawan                       (7.203.574)    (8.311.783)    Cash paid to directors and employees

Kas dihasilkan dari operasi                                     28.479.402        2.519.085    Cash generated from operations
Penerimaan atas tagihan pajak                         29          -                 171.939    Receipt of claims for tax
Pembayaran pajak penghasilan                                    (4.173.890)      (1.662.855)   Payment of income taxes

Kas Bersih Diperoleh dari Aktivitas Operasi                     24.305.512        1.028.169    Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                              CASH FLOWS FROM INVESTING ACTIVITIES
Perolehan aset tetap                                  10       (201.216.624)    (71.484.837)   Acquisitions of property, plant and equipment
Penerimaan atas investasi pada
   aset keuangan lainnya                                        39.702.580         -           Proceeds of investment in other financial assets
Penempatan pada investasi pada
   aset keuangan lainnya                                       (164.371.500)   (449.719.011)   Placement on investment in other financial assets
Penerimaan atas penjualan aset tidak lancar                                                    Proceeds from disposal of non-current
   yang dimiliki untuk dijual                                   20.027.117         -              assets held-for-sale
Pembayaran untuk kepemilikan tambahan
   pada entitas anak                                  21       (160.974.918)       (158.894)   Payment for additional interest in subsidiaries
                                                                                               Proceeds from sale of property,
Penerimaan atas penjualan aset tetap                              6.221.968       -               plant and equipment
Perolehan properti investasi                                    (15.272.571)      -            Acquisitions of investment properties
Penerimaan dividen dari entitas asosiasi              11          5.167.376      7.592.757     Proceeds of dividends from associates
Penerimaan bunga                                                 39.638.296     31.787.664     Interest received
Penempatan investasi pada entitas asosiasi                         (470.220)      -            Placement of investment in an associate
Akuisisi entitas anak                                 22         (5.352.101)    (3.605.776)    Acquisition of subsidiaries
Penerimaan atas pelunasan pinjaman
   kepada pihak berelasi                              31        38.395.991         -           Receipt of loan repayment from a related party
Pemberian pinjaman kepada pihak berelasi              31          -             (38.395.991)   Loan given to a related party

Kas Bersih Digunakan untuk Aktivitas Investasi                 (398.504.606)   (523.984.088)   Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                              CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan utang bank jangka panjang                           282.814.921      250.973.295    Proceeds from long-term bank loans
Penerimaan utang bank jangka pendek                                566.083          -          Proceeds from short-term bank loans
Pembayaran liabilitas sewa                                        (112.398)        (324.239)   Payment of lease liabilities
Pembayaran utang bank jangka pendek                   17          (566.083)        (648.677)   Payment of short-term bank loans
Pembayaran utang bank jangka panjang                  17        (3.494.898)    (144.988.532)   Payment of long-term bank loans
Pembayaran dividen tunai                              19       (20.000.000)         -          Cash dividend payment
Pembayaran dividen entitas anak kepada                                                         Dividend payment of subsidiaries to
   kepentingan nonpengendali                          21         (9.780.307)     (4.793.164)      non-controlling interests
Pembayaran dividen entitas anak kepada                                                         Dividend payment of subsidiary to
   pemegang saham sebelumnya                                      (220.913)         -             previous shareholders
Pembayaran beban keuangan                                      (29.117.336)     (21.671.070)   Financial charges paid
Pembayaran biaya perolehan pinjaman                             (3.646.538)        (739.827)   Payment of transaction costs
Penerimaan atas modal disetor dan ditempatkan         19       328.321.999          -          Proceeds from issued and paid-up capital
Pembayaran biaya emisi saham                                    (4.784.933)         -          Payment of share issuance cost
Penerimaan atas penambahan investasi
   pada saham entitas anak oleh                                                                Proceeds from addition of investment in shares
   kepentingan nonpengendali                                   124.122.449      35.575.874       of subsidiary by non-controlling interest

Kas Bersih Diperoleh dari Aktivitas Pendanaan                  664.102.046     113.383.660     Net Cash Provided by Financing Activities

KENAIKAN (PENURUNAN) BERSIH KAS                                                                NET INCREASE (DECREASE) IN CASH
  DAN SETARA KAS                                               289.902.952     (409.572.259)     AND CASH EQUIVALENTS

KAS DAN SETARA KAS AWAL                                                                        CASH AND CASH EQUIVALENTS AT
  TAHUN                                                6       180.244.321     589.816.580       BEGINNING OF YEAR

KAS DAN SETARA KAS AKHIR                                                                       CASH AND CASH EQUIVALENTS AT
  TAHUN                                                6       470.147.273     180.244.321       END OF YEAR

*) Disajikan kembali (Catatan 5)                                                                                               *) As restated (Note 5)

Informasi atas aktivitas investasi yang tidak mempengaruhi                                                Information of non-cash investing activities
arus kas diungkapkan dalam Catatan 37.                                                                                        is disclosed in Note 37.

Lihat catatan atas laporan keuangan konsolidasian                                                            See accompanying notes to consolidated
yang merupakan bagian yang tidak terpisahkan                                                           financial statements which are an integral part
dari laporan keuangan konsolidasian.                                                                         of the consolidated financial statements.




                                                                     -5-
Page 224
PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED


1.   UMUM                                                       1.   GENERAL

     a.   Pendirian dan Informasi Umum                               a.   Establishment and General Information

          PT Chandra Daya Investasi (“Perusahaan”)                        PT Chandra Daya Investasi (the “Company”)
          didirikan berdasarkan Akta No. 26 tanggal                       was established based on Notarial Deed No. 26
          8 Februari 2023 dari Jose Dirma Satria, S.H.,                   dated February 8, 2023, of Jose Dirma Satria,
          M.Kn., Notaris di Jakarta. Akta pendirian ini                   S.H., M.Kn., Notary in Jakarta. The Deed of
          disahkan oleh Menteri Hukum dan Hak Asasi                       Establishmanent was approved by the Minister
          Manusia Republik Indonesia dalam Surat                          of Law and Human Rights of Republic of
          Keputusan No. AHU-0011651.AH.01.01.Tahun                        Indonesia     in     his    Decision    Letter
          2023 tanggal 13 Februari 2023. Berdasarkan                      No. AHU-0011651.AH.01.01. Tahun 2023
          akta No. 78 tanggal 14 Maret 2025 dari Jose                     dated February 13, 2023. Based on Notarial
          Dima Satria, S.H., M.Kn., Notaris di Jakarta,                   Deed No. 78 dated March 14, 2025, of Jose
          mengenai    perubahan    nama     perusahaan                    Dima Satria, S.H., M.Kn., Notary in Jakarta,
          menjadi “PT Chandra Daya Investasi Tbk”,                        regarding change in the Company’s name to
          pemecahan nominal saham, dan menyetujui                         “PT Chandra Daya Investasi Tbk”, stock split
          peningkatan modal dasar. Akta perubahan ini                     for nominal shares, and approval of increased
          telah memperoleh persetujuan dari Menteri                       in paid-up capital. The deed was approved by
          Hukum dan Hak Asasi Manusia Republik                            the Minister of Law and Human Rights of
          Indonesia    dengan     Surat   Keputusannya                    Republic of Indonesia in his Decision Letter
          No. AHU-0019086.AH.01.02. Tahun 2025                            No. AHU-0019086.AH.01.02. Tahun 2025
          tanggal 17 Maret 2025.                                          dated March 17, 2025.

          Anggaran Dasar Perusahaan telah mengalami                       The Articles of Association have been amended
          beberapa kali perubahan, terakhir dengan                        several times, most recently by Notarial Deed
          akta No. 83 tanggal 15 Juli 2025 dari Jose                      No. 83 dated July 15, 2025, of Jose Dima
          Dima Satria, S.H., M.Kn., Notaris di Jakarta,                   Satria, S.H., M.Kn., Notary in Jakarta, the
          Perusahaan meningkatkan modal yang disetor                      Company increased its paid-up capital in
          dan    ditempatkan    sehubungan      dengan                    connection with the implementation of the
          pelaksanaan Penawaran Umum Perdana. Akta                        Company’s Initial Public Offering. The deed was
          perubahan ini telah memperoleh persetujuan                      approved by the Minister of Law and Human
          dari Menteri Hukum dan Hak Asasi Manusia                        Rights of Republic of Indonesia in his Decision
          Republik     Indonesia     dengan       Surat                   Letter No. AHU-AH.01.03-0187701. Tahun
          Keputusannya No. AHU-AH.01.03-0187701.                          2025 dated July 17, 2025.
          Tahun 2025 tanggal 17 Juli 2025.

          Kantor pusat Perusahaan terletak di Wisma                       The Company’s head office is located at
          Barito Pacific, Jl. Let. Jend. S. Parman                        Wisma Barito Pacific, Jl. Let. Jend. S. Parman
          Kav. 62-63, Jakarta.                                            Kav. 62-63, Jakarta.

          Sesuai dengan pasal 3 Anggaran Dasar                            In accordance with article 3 of the Company’s
          Perusahaan, Perusahaan bergerak dalam                           Articles of Association, the Company is
          bidang aktivitas perusahaan holding dan                         engaged in holding company activity and other
          aktivitas konsultasi manajemen lainnya.                         management consultant activity. The Company
          Perusahaan     mulai   beroperasi secara                        started its commercial operations in 2023.
          komersial pada tahun 2023.

          Perusahaan melalui entitas anak melakukan                       The Company, through its subsidiaries, is
          kegiatan dalam bidang penjualan daya listrik,                   engaged in activities including the sales of
          jasa sewa kapal, sewa tangki & dermaga,                         electricity, time charter vessel, tank & jetty
          serta penjualan lainnya.                                        rental, as well as other services.

          Perusahaan dan entitas anak (“Grup”)                            The Company and its subsidiaries (the
          memiliki jumlah karyawan sebanyak 333 pada                      “Group”) have total number of employees of
          tanggal 31 Desember 2025 (2024: 338) (tidak                     333 as of December 31, 2025 (2024: 338)
          diaudit).                                                       (unaudited).

          Perusahaan      merupakan       entitas anak                    The Company is a subsidiary of PT Chandra Asri
          PT Chandra Asri Pacific Tbk (“CAP”) dan                         Pacific Tbk (“CAP”) and belongs to a group of
          tergabung dalam kelompok usaha PT Barito                        companies owned by PT Barito Pacific Tbk
          Pacific Tbk (“Grup Barito Pacific”).                            (“Barito Pacific Group”).




                                                          -6-
Page 225
PT CHANDRA DAYA INVESTASI Tbk                                                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                           THEN ENDED
(Lanjutan)                                                                                                                           (Continued)


         Susunan    pengurus                          Perusahaan           adalah                           The Company’s management consists of the
         sebagai berikut:                                                                                   following:

                                                              31 Desember 2025/                         31 Desember 2024/
                                                              December 31, 2025                         December 31, 2024
         Dewan Komisaris                                                                                                                      Board of Commissioners
         Presiden Komisaris                             Erry Riyana Hardjapamekas                 Erry Riyana Hardjapamekas                   President Commissioner
         Komisaris                                      Ade Supandi, S.E.                         Edi Riva'i                                  Commissioners
                                                        Erwin Ciputra                             Erwin Ciputra
                                                        Andre Khor Kah Hin                        Anawat Chansaksoong
                                                        Thawat Hirancarukorn                      Thawat Hirancarukorn
                                                        Prasit Laohawirapap                       Prasit Laohawirapap
         Dewan Direksi                                                                                                                        Board of Directors
         Presiden Direktur                              Fransiskus Ruly Aryawan                   Fransiskus Ruly Aryawan                     President Director
         Direktur Keuangan                              Jonathan Kandinata                        Andre Khor Kah Hin                          Finance Director
         Direktur Joint Venture                         Agus Lukmanul Hakim                                    -                              Joint Venture Director
         Direktur Corporate Affairs                     Merly                                                  -                              Corporate Affair Director
         Direktur Technical                             Saksit Suntharekanon                                   -                              Technical Director
         Direktur                                                    -                            Saksit Suntharekanon                        Director

         Komite Audit                                                                                                                         Audit Committee
         Ketua                                          Ade Supandi, S.E.                                                  -                  Chairman
         Anggota                                        Jennywati                                                          -                  Members
                                                        Toni Setioko

    b.   Penawaran Umum Saham Perusahaan                                                           b.      Public Offering of Shares of the Company

         Pada tanggal 30 Juni 2025, Perusahaan                                                              On June 30, 2025, the Company received
         memperoleh        pemberitahuan      efektif                                                       notification on the effective registration
         pernyataan     pendaftaran   dari    Dewan                                                         statement from the Board of Commissioners of
         Komisioner Otoritas Jasa Keuangan (“OJK”)                                                          the Financial Services Authority ("OJK")
         melalui surat No. S-73/D.04/2025 untuk                                                             through letter No. S-73/D.04/2025 to conduct
         melakukan Penawaran Umum Perdana Saham                                                             an Initial Public Offering (“IPO”) of the
         Perusahaan sebanyak 12.482.937.500 lembar                                                          Company's       shares      amounted      to
         saham dengan harga nominal sebesar Rp 100                                                          12,482,937,500 shares with par value of
         per lembar saham. Pada tanggal 9 Juli 2025,                                                        Rp 100 per share. On July 9, 2025, these
         saham tersebut telah dicatatkan pada Bursa                                                         shares were listed on the Indonesia Stock
         Efek Indonesia.                                                                                    Exchange.

         Pada tanggal 31 Desember 2025 seluruh                                                              As of December 31, 2025, all of the Company’s
         saham Perusahaan telah tercatat pada Bursa                                                         outstanding shares have been listed in the
         Efek Indonesia.                                                                                    Indonesia Stock Exchange.

    c.   Entitas Anak                                                                              c.      Consolidated Subsidiaries

         Rincian entitas anak Grup pada akhir periode                                                       Details of the Group’s subsidiaries at the end of
         pelaporan adalah sebagai berikut:                                                                  the reporting period are as follows:

                                                                          Persentase pemilikan/                                    Tahun operasi    Jumlah aset/        Jumlah aset/
                                                                        Percentage of ownership                                       komersil/     Total assets        Total assets
                                                                     31 Desember/ 31 Desember/              Jenis usaha/              Start of     31 Desember/        31 Desember/
                                                         Domisili/   December 31, December 31,               Nature of              commercial     December 31,        December 31,
                     Entitas anak/Subsidiary             Domicile         2025            2024                business               operations        2025                2024
                                                                           %                %                                                           US$                 US$

         Chandra Industrial Infra Pte. Ltd. ("CII")     Singapura/     100,00%       100,00%            Perusahaan investasi/          Tahap           10.988.783                      1
           Pemilikan langsung/Direct                    Singapore                                        Investing company         pengembangan/
           Ownership                                                                                                                Development
                                                                                                                                       stage

         Chandra Maritime International Pte. Ltd.       Singapura/     100,00%          -            Pengangkutan pelayaran/           2025            87.349.583            -
           ("CMI")                                      Singapore                                     Shipping transportation
           Pemilikan tidak langsung melalui CSI/                                                              services
           Indirect ownership through CSI

         Maritime Global Shipping Pte. Ltd. ("MGS")     Singapura/     100,00%          -            Pengangkutan pelayaran/           Tahap                       1         -
           Pemilikan tidak langsung melalui CMI/        Singapore                                     Shipping transportation      pengembangan/
           Indirect ownership through CMI                                                                     services              Development
                                                                                                                                       stage

         PT Chandra Cilegon Port ("CCP")                 Jakarta       100,00%       100,00%        Pergudangan, penyimpanan           2024            69.875.138          13.400.324
           Pemilikan tidak langsung melalui CSP/                                                    dan layanan kepelabuhan/
           Indirect ownership through CSP                                                           Warehousing, storage, and
                                                                                                         seaport service

         PT Chandra Cold Chain ("CCC")                   Jakarta       80,00%         80,00%      Pengangkutan dan pergudangan/        2025              828.306                 929.253
           Pemilikan langsung/Direct                                                              Transportation and warehousing
           Ownership




                                                                                        -7-
Page 226
PT CHANDRA DAYA INVESTASI Tbk                                                                             PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                   AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                     DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                    THEN ENDED
(Lanjutan)                                                                                                                    (Continued)

                                                                    Persentase pemilikan/                                  Tahun operasi    Jumlah aset/      Jumlah aset/
                                                                  Percentage of ownership                                    komersil/      Total assets      Total assets
                                                                31 Desember/ 31 Desember/            Jenis usaha/             Start of     31 Desember/      31 Desember/
                                                    Domisili/   December 31, December 31,             Nature of             commercial     December 31,      December 31,
                  Entitas anak/Subsidiary           Domicile        2025            2024               business             operations          2025              2024
                                                                     %               %                                                          US$               US$


       PT Chandra Daya Warehouse ("CDW2")           Jakarta       99,99%        99,99%      Pergudangan dan penyimpanan/       Tahap          18.587.047           -
         Pemilikan tidak langsung melalui CIP/                                                 Warehousing and storage     pengembangan/
         Indirect ownership through CIP                                                                                     Development
                                                                                                                               stage

       PT Chandra Domestic Warehouse ("CDW")        Jakarta       99,99%        99,99%      Pergudangan dan penyimpanan/       Tahap             -              17.965.553
         Pemilikan langsung/Direct                                                             Warehousing and storage     pengembangan/
         Ownership                                                                                                          Development
                                                                                                                               stage

       PT Chandra Environmental Solutions ("CES")   Jakarta       99,99%          -           Holding dan konsultasi/          Tahap          14.781.659           -
         Pemilikan langsung/Direct                                                            Holding and consultation     pengembangan/
         Ownership                                                                                                          Development
                                                                                                                               stage

       PT Chandra Global Maritim ("CGM")            Jakarta       100,00%         -           Pengangkutan pelayaran/          Tahap                 1.084         -
         Pemilikan tidak langsung melalui CSI/                                                 Shipping transportation     pengembangan/
         Indirect ownership through CSI                                                               services              Development
                                                                                                                               stage

       PT Chandra Investa Prima ("CIP")             Jakarta       99,99%          -               Logistik/ Logistic           2017           23.928.667         4.750.712
         dahulu/formerly
         PT Barito Investa Prima ("BIP")
         Pemilikan langsung/Direct
         Ownership

       PT Chandra Samudera Port ("CSP")             Jakarta       99,99%        99,99%         Konsultasi manajemen/           2023           70.022.343        13.760.650
         Pemilikan langsung/Direct                                                             Management consulting
         Ownership

       PT Chandra Shipping International ("CSI")    Jakarta       100,00%       49,00%        Pengangkutan pelayaran/          2024          183.407.663        51.145.064
         Pemilikan langsung/Direct                                                             Shipping transportation
         Ownership                                                                                    services

       PT Chandra Tirta Karian ("CTK")              Jakarta       65,00%        65,00%          Perusahaan investasi,          Tahap          13.990.634           929.253
         Pemilikan langsung/Direct                                                             konsultasi manajemen        pengembangan/
         Ownership                                                                            dan jasa pengelolaan air/     Development
                                                                                                Investment company,            stage
                                                                                               management consulting
                                                                                                 and water treatment

       PT Chandra Warehouse Cilegon ("CWC")         Jakarta       99,99%          -         Pergudangan dan penyimpanan/       2025           18.586.771           -
         Pemilikan tidak langsung melalui CDW2/                                                Warehousing and storage
         Indirect ownership through CDW2

       PT Krakatau Chandra Energi ("KCE")           Cilegon       70,00%        70,00%              Industri listrik/          1996          273.112.544       277.476.747
         Pemilikan langsung/Direct                                                                Electrical industry
         Ownership

       PT Krakatau Sarana Energi ("KSE")            Cilegon       99,99%        99,99%            Penjualan bahan              1999            1.189.430           735.739
         Pemilikan tidak langsung melalui KCE/                                                bakar minyak/Fuels sales
         Indirect ownership through KCE

       PT Marina Indah Maritim ("MIM")              Jakarta       100,00%       49,00%        Pengangkutan pelayaran/          2019          152.821.197        33.321.064
         Pemilikan langsung/Direct                                                             Shipping transportation
         Ownership                                                                                    services

       PT Redeco Petrolin Utama ("RPU")             Jakarta       50,75%        50,75%              Sewa tangki/               1986           10.848.609         9.929.501
         Pemilikan langsung/Direct                                                                  Tanks lease
         Ownership

       PT Wastewater Solution Indonesia ("WSI")     Jakarta       100,00%         -               Pengolahan air/              Tahap           5.960.636           929.253
         Pemilikan tidak langsung melalui CTK/                                                    Water treatment          pengembangan/
         Indirect ownership through CTK                                                                                     Development
                                                                                                                               stage


      CII                                                                                               CII
      Berdasarkan    Accounting     and   Corporate                                                     Based on Accounting and Corporate Regulatory
      Regulatory (ACRA) No. ACRA241025129699                                                            Authority (ACRA) No. ACRA241025129699
      tanggal 25 Oktober 2024, Perusahaan                                                               dated October 25, 2024, the Company
      mendirikan CII dengan modal saham sebesar                                                         established CII with total authorized capital
      US$ 1 yang terdiri dari 1 lembar saham.                                                           stock amounted to US$ 1 consisting of 1 share.
      Berdasarkan    Accounting  and    Corporate                                                       Based on Accounting and Corporate Regulatory
      Regulatory (ACRA) No. ACRA260127001616                                                            Authority (ACRA) No. ACRA26012700161
      tanggal 27 Januari 2026,         Perusahaan                                                       dated January 27, 2026, the Company
      menempatkan     tambahan    modal    saham                                                        injected additional share capital resulting
      sehingga modal saham CII menjadi sejumlah                                                         share    capital   of    CII   totalling  to
      US$ 11.000.001 yang terbagi atas 11.000.001                                                       US$ 11,000,001 which consist of 11,000,001
      lembar saham dengan masing-masing saham                                                           shares with par value of US$ 1.
      nominal US$ 1.
      CMI                                                                                               CMI
      Berdasarkan Surat Accounting and Corporate                                                        Based on Accounting         and   Corporate
      Regulatory Authority (ACRA) No. 202505434H                                                        Regulatory Authority (ACRA) No. 202505434H
      tanggal 7 Februari 2025 di Singapura, CSI                                                         dated February 7, 2025 in Singapore, CSI
      mendirikan CMI dengan modal dasar sejumlah                                                        established a company named CMI with total
      US$ 1 yang terdiri dari 1 lembar saham. Pada                                                      authorized capital stock amounted to US$ 1,
      tanggal 27 Maret 2025 dan 5 Juni 2025, CSI                                                        consist of 1 share. On March 27, 2025 and
      menempatkan     tambahan      modal   saham                                                       June 5, 2025, CSI injected additional share
      sehingga modal dasar CMI menjadi sejumlah                                                         capital resulting share capital totalling to
      US$ 40.472.103 yang terbagi atas 40.472.103                                                       US$ 40,472,103 which consist of 40,472,103
      lembar saham dengan masing-masing saham                                                           shares with par value of US$ 1.
      nominal US$ 1.


                                                                                  -8-
Page 227
PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


      MGS                                                            MGS

      Berdasarkan      Accounting  and Corporate                     Based on Accounting and Corporate Regulatory
      Regulatory (ACRA) No. ACRA251031002373                         Authority (ACRA) No. ACRA251031002373
      tanggal 31 Oktober 2025, CMI mendirikan                        dated October 31, 2025, CMI established
      MGS dengan modal saham sebesar US$ 1 yang                      MGS with total authorized capital stock
      terdiri dari 1 lembar saham.                                   amounted US$ 1 consisting of 1 share.

      CA Port                                                        CA Port

      Berdasarkan Akta Notaris No. 2 tanggal                         Based on Notarial Deed No. 2 dated
      13 Oktober 2023, oleh Dedy Syamri, S.H.,                       October 13, 2023, by Dedy Syamri, S.H., a
      Notaris di Jakarta, CSP dan Perusahaan                         Notary in Jakarta, CSP and the Company
      mendirikan CA Port dengan modal dasar                          established CA Port with total authorized
      sejumlah Rp 12.000.000.000 (atau setara                        capital stock amounted to Rp 12,000,000,000
      dengan US$ 800.000) terbagi atas 80.000                        (or equivalent to US$ 800,000) consist of
      lembar saham, dengan masing-masing saham                       80,000 shares with par value of Rp 150,000.
      bernilai sebesar Rp 150.000. Dari modal dasar                  From authorized capital stock, the issued and
      tersebut yang telah ditempatkan dan disetor
                                                                     paid in capital is approximately of 25% or
      penuh sebesar kurang lebih 25% atau
                                                                     equivalent to 20,000 shares amounted to
      sejumlah 20.000 lembar saham dengan nilai
      nominal seluruhnya sebesar Rp 3.000.000                        Rp    3,000,000,000    (or   equivalent    to
      (atau setara dengan US$ 200.000). Akta                         US$ 200,000). The deed was approved by the
      tersebut telah disahkan oleh Menteri Hukum                     Minister of Law and Human Rights under
      dan Hak Asasi Manusia melalui Surat                            Decision Letter No. AHU-0081117.AH.01.01.
      Keputusan      No.    AHU-0081117.AH.01.01.                    Year 2023, dated October 25, 2023.
      Tahun 2023 tanggal 25 Oktober 2023.

      Berdasarkan Akta Notaris No. 14 tanggal                        Based on Notarial Deed No. 14 dated April 10,
      10 April 2025 dari Jose Dima Satria S.H.,                      2025 from Jose Dima Satria S.H., M.Kn.,
      M.Kn., Notaris di Jakarta, pemegang saham CA                   Notary in Jakarta, the shareholders of CA Port
      Port menyetujui likuidasi CA Port. Akta ini telah              agreed on the liquidation of CA Port.
      mendapat persetujuan oleh Menteri Hukum                        This deed was approved by the Ministry of
      dan Hak Asasi Manusia dalam Surat Keputusan                    Law and Human Rights of Republic of
      No. AHU-AH.01.03-00244 tanggal 23 April                        Indonesia as stated in Decision Letter
      2025.                                                          No. AHU-AH.01.03-00244 dated April 23, 2025.

      CCP                                                            CCP

      Berdasarkan Akta Notaris No. 3 tanggal                         Based on Notarial Deed No. 3 dated
      13 Oktober 2023, oleh Dedy Syamri, S.H.,                       October 13, 2023, by Dedy Syamri, S.H., a
      Notaris di Jakarta, CSP dan Perusahaan                         Notary in Jakarta, CSP and the Company
      mendirikan CCP dengan modal dasar sejumlah                     established a company named CCP with total
      US$     800.000    (atau    setara   dengan                    authorized capital stock amounted to
      Rp 12.000.000.000) terbagi atas 80.000                         US$      800,000     (or    equivalent     to
      lembar saham, masing-masing saham bernilai                     Rp 12,000,000,000) consist of 80,000 shares
      sebesar Rp 150.000 atau setara dengan                          with par value of Rp 150,000 or equivalent to
      US$ 10. Dari modal dasar tersebut telah
                                                                     US$ 10. From authorized capital stock, the
      ditempatkan dan disetor penuh sejumlah
                                                                     issued and paid in capital is 20,000 shares
      20.000 lembar saham dengan nilai nominal
                                                                     amounted to US$ 200,000 (or equivalent
      seluruhnya sebesar Rp US$ 200.000 (atau
      setara dengan Rp 3.000.000.000). Akta ini                      to Rp 3,000,000,000). The deed was
      telah mendapat persetujuan oleh Menteri                        approved by the Minister of Law and
      Hukum dan Hak Asasi Manusia Republik                           Human Rights of Republic of Indonesia under
      Indonesia    melalui     Surat     Keputusan                   Decision Letter No. AHU-0081114.AH.01.01.
      No. AHU-0081114.AH.01.01. Tahun 2023                           Tahun 2023, dated October 25, 2023.
      tanggal 25 Oktober 2023.

      Berdasarkan Akta Notaris No. 97 tanggal                        Based on Notarial Deed No. 97 dated
      17 November 2023 oleh Jose Dima Satria,                        November 17, 2023, from Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, CSP                           S.H., M.Kn., Notary in Jakarta, CSP increased
      menyetujui penambahan tambahan modal                           its paid-up capital to CCP amounting
      dasar sebesar US$ 19.200.000 (atau setara                      US$    19,200,000      (or    equivalent   to
      dengan     Rp     288.000.000.000)    serta                    Rp 288,000,000,000) also increased its
      penambahan modal ditempatkan dan disetor                       issued and fully paid shares to CCP
      penuh ke CCP sebesar US$ 8.550.000 (atau                       amounting US$ 8,550,000 (or equivalent to
      setara dengan Rp 128.250.000.000). Akta ini
                                                                     Rp 128,250,000,000). The deed was
      telah mendapat persetujuan oleh Menteri
                                                                     approved by the Ministry of Law and Human
      Hukum dan Hak Asasi Manusia Republik
      Indonesia     dalam     Surat    Keputusan                     Rights of Republic of Indonesia as stated in
      No. AHU-0078400.AH.01.02. Tahun 2023                           Decision Letter No. AHU-0078400.AH.01.02.
      tanggal 14 Desember 2023.                                      Tahun 2023 dated December 14, 2023.


                                                          -9-
Page 228
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


      Berdasarkan Akta Notaris No. 200 tanggal                        Based on Notarial Deed No. 200 dated
      21 Juni 2024 oleh Jose Dima Satria, S.H.,                       June 21, 2024, from Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, CSP menyetujui                       M.Kn., Notary in Jakarta, CSP increased its
      tambahan modal ditempatkan dan disetor                          issued and fully paid shares to CCP
      penuh ke CCP sebesar US$ 5.000.000 (atau                        amounting US$ 5,000,000 (or equivalent to
      setara dengan Rp 75.000.000.000). Akta ini                      Rp 75,000,000,000). The deed was approved
      telah mendapat persetujuan oleh Menteri                         by the Ministry of Law and Human Rights of
      Hukum dan Hak Asasi Manusia Republik                            Republic of Indonesia as stated in Decision
      Indonesia     dalam    Surat   Keputusan
                                                                      Letter No. AHU-AH.01.03-0158164. Tahun
      No. AHU-AH.01.03-0158164. Tahun 2024
                                                                      2024 dated June 25, 2024.
      tanggal 25 Juni 2024.

      Berdasarkan Akta Notaris No. 147 tanggal                        Based on Notarial Deed No. 147 dated
      25 Maret 2025 oleh Jose Dima Satria, S.H.,                      March 25, 2025, from Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, CSP menyetujui                       M.Kn., Notary in Jakarta, CSP increased its
      tambahan modal ditempatkan dan disetor                          issued and fully paid shares to CCP
      penuh ke CCP sebesar US$ 18.000.000 (atau                       amounting US$ 18,000,000 (or equivalent to
      setara dengan Rp 270.000.000.000). Akta ini                     Rp 270,000,000,000). The deed was
      telah mendapat persetujuan oleh Menteri                         approved by the Ministry of Law and Human
      Hukum dan Hak Asasi Manusia Republik                            Rights of Republic of Indonesia as stated in
      Indonesia     dalam    Surat    Keputusan
                                                                      Decision Letter No. AHU-AH.01.03-0102317.
      No. AHU-AH.01.03-0102317. Tahun 2025
                                                                      Tahun 2025 dated April 15, 2025.
      tanggal 15 April 2025.

      Berdasarkan Akta Notaris No. 134 tanggal                        Based on Notary Deed No. 134 dated
      21 Agustus 2025 oleh Jose Dima Satria, S.H.,                    August 21, 2025 by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, CSP menyetujui                       M.Kn., Notary in Jakarta, CSP increased its
      tambahan setoran modal dasar CCP sebesar                        paid-up capital to CCP amounted to
      US$ 50.000.000 serta menyetujui tambahan                        US$ 50,000,000 also increased its inssued
      modal ditempatkan dan disetor penuh ke CCP                      and fully paid shares to CCP amounted to
      sebesar US$ 73.978.000. Akta ini telah                          US$ 73,978,000. The deed was approved by
      mendapat persetujuan oleh Menteri Hukum                         the Minister of Law and Human Rights of
      dan Hak Asasi Manusia dalam Surat Keputusan
                                                                      Republic of Indonesia as stated in Decision
      No. AHU-0057030.AH.01.02 Tahun 2025
                                                                      Letter No. AHU-0057030. AH.01.02 of 2025
      tanggal 25 Agustus 2025.
                                                                      dated August 25, 2025.

      CCC                                                             CCC

      Berdasarkan Akta Notaris No. 118 tanggal                        Based on Notarial Deed No. 118 dated
      13 Desember 2024, oleh Jose Dima Satria,                        December 13, 2024, by Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, Perusahaan                     S.H., M.Kn., a Notary in Jakarta, the
      dan PT Cakra Guna Tama, pihak ketiga,                           Company and PT Cakra Guna Tama, a third
      mendirikan CCC dengan modal dasar sejumlah                      party, established a company named CCC
      US$     4.000.000     (atau   setara     dengan                 with total authorized capital stock amounted
      Rp 60.000.000.000) terbagi atas 400.000                         to US$ 4,000,000 (or equivalent to
      lembar saham, dengan masing-masing saham                        Rp 60,000,000,000) consist of 400,000
      bernilai nominal US$ 10 (atau setara dengan
                                                                      shares with par value of US$ 10 (or
      Rp 150.000). Dari modal dasar tersebut yang
                                                                      equivalent to Rp 150,000). From authorized
      telah ditempatkan dan disetor penuh sebesar
                                                                      capital stock, the issued and paid in capital is
      kurang lebih 25% atau sejumlah 100.000
      lembar     saham     dengan     nilai   nominal                 approximately of 25% or equivalent to
      seluruhnya sebesar US$ 1.000.000 (atau                          100,000 shares amounted to US$ 1,000,000
      setara dengan Rp 15.000.000.000). Akta                          (or equivalent to Rp 15,000,000,000).
      tersebut    telah   disahkan     oleh   Menteri                 These deeds were approved by the Minister
      Hukum dan Hak Asasi Manusia Republik                            of Law and Human Rights of Republic
      Indonesia      melalui     Surat      Keputusan                 of   Indonesia      under   Decision     Letter
      No. AHU-0100859.AH.01.01. Tahun 2024                            No. AHU-0100859.AH.01.01. Tahun 2024
      tanggal 17 Desember 2024.                                       dated December 17, 2024.

      Berdasarkan Akta Notaris No. 50 tanggal                         Based on Notary Deed No. 50 dated
      08 Agustus 2025 oleh Jose Dima Satria, S.H.,                    August 8, 2025 by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, CCC melakukan                        M.Kn., Notary in Jakarta, CCC changed the
      perubahan status Perseroan yang semula                          status of the Company which was originally a
      penanaman modal asing menjadi Perusahaan                        foreign investment company to a domestic
      penanaman modal dalam negeri.                                   investment company.




                                                        - 10 -
Page 229
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


      CDW2                                                            CDW2

      Berdasarkan Akta Notaris No. 29 tanggal                         Based on Notarial Deed No. 29 dated
      8 September 2025, oleh Jose Dima Satria,                        September 8, 2025, by Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, CIP dan                        S.H., M.Kn., a Notary in Jakarta, CIP and the
      Perusahaan mendirikan CDW2 dengan modal                         Company established a company named
      dasar sejumlah Rp 30.000.000 (atau setara                       CDW2 with total authorized capital stock
      dengan US$ 1.803) terbagi atas 200 lembar                       amounted to Rp 30,000,000 (or equivalent to
      saham, dengan masing-masing saham bernilai                      US$ 1,803) consist of 200 shares with par
      nominal Rp 150.000. Dari modal dasar                            value of Rp 150,000. From authorized capital
      tersebut yang telah ditempatkan dan disetor                     stock, the issued and paid in capital is
      penuh sebesar 100% atau sejumlah 200                            approximately of 100% or equivalent to 200
      lembar    saham    dengan    nilai   nominal                    shares amounted to Rp 30,000,000 (or
      seluruhnya sebesar Rp 30.000.000 (atau                          equivalent to US$ 1,803). These deeds were
      setara dengan US$ 1.803). Akta tersebut telah                   approved by the Minister of Law and
      disahkan oleh Menteri Hukum dan Hak                             Human Rights under Decision Letter
      Asasi Manusia melalui Surat Keputusan                           No. AHU-0079132.AH.01.01. Year 2025,
      No. AHU-0079132.AH.01.01. Tahun 2025                            dated September 16, 2025.
      tanggal 16 September 2025.

      Berdasarkan Akta Notaris No. 109 tanggal                        Based on Notarial Deed No. 109 dated
      22 Oktober 2025, oleh Jose Dima Satria, S.H.,                   October 22, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                       M.Kn., a Notary in Jakarta, the shareholders’
      CDW2 menyetujui peningkatan modal dasar                         of CDW2 agreed on increase of authorized
      sebesar Rp 285.005.100.000 (atau setara                         capital stock amounted to Rp 285,005,100,000
      dengan US$ 17.180.367) terbagi atas                             (or equivalent to US$ 17,180,367) consist
      1.900.034 lembar saham serta meningkatkan                       of 1,900,034 shares and increase in
      modal ditempatkan dan disetor penuh sebesar                     issued and paid in capital amounted to
      Rp 285.005.100.000 (atau setara dengan                          Rp 285,005,100,000 (or equivalent to
      US$ 17.180.367) terbagi atas 1.900.034                          US$ 17,180,367) consist of 1,900,034
      lembar saham. Akta tersebut telah disahkan                      shares. These deeds were approved by the
      oleh Menteri     Hukum     dan  Hak     Asasi                   Minister of Law and Human Rights under
      Manusia     melalui     Surat    Keputusan                      Decision Letter No. AHU-0071846.AH.01.02.
      No. 0071846.AH.01.02. Tahun 2025 tanggal                        Year 2025, dated October 22, 2025.
      22 Oktober 2025.

      CDW                                                             CDW

      Berdasarkan Akta Notaris No. 58 tanggal                         Based on Notarial Deed No. 58 dated
      5 April 2024, oleh Jose Dima Satria, S.H.,                      April 5, 2024, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, Perusahaan dan BPN                   M.Kn., a Notary in Jakarta, the Company and
      mendirikan CDW dengan modal dasar                               BPN established a company named CDW with
      sejumlah Rp 348.000.000.000 terbagi atas                        total authorized capital stock amounted to
      2.320.000 lembar saham, dengan masing-                          Rp 348,000,000,000 consist of 2,320,000
      masing saham bernilai nominal Rp 150.000.                       shares with par value of Rp 150,000. From
      Dari modal dasar tersebut yang telah                            authorized capital stock, the issued and paid
      ditempatkan dan disetor penuh sebesar                           in capital is approximately of 25% or
      kurang lebih 25% atau sejumlah 1.933.333                        equivalent to 1,933,333 shares amounted to
      lembar    saham      dengan     nilai   nominal                 Rp 289,999,950,000. These deeds were
      seluruhnya sebesar Rp 289.999.950.000.                          approved by the Minister of Law and
      Akta tersebut telah disahkan oleh Menteri                       Human Rights of Republic of Indonesia under
      Hukum dan Hak Asasi Manusia Republik                            Decision Letter No. AHU-0093987.AH.01.11.
      Indonesia     melalui      Surat      Keputusan                 Tahun 2024 dated May 15, 2024.
      No. AHU-0093987.AH.01.11. Tahun 2024
      tanggal 15 Mei 2024.

      Berdasarkan Akta Notaris No. 138 tanggal                        Based on Notarial Deed No. 138 dated
      21 Agustus 2025 dari Jose Dima Satria S.H.,                     August 21, 2025 from Jose Dima Satria S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                       M.Kn., Notary in Jakarta, the shareholders of
      CDW menyetujui likuidasi CDW. Akta ini telah                    CDW agreed on the liquidation of CDW. This
      mendapat persetujuan oleh Menteri Hukum                         deed was approved by the Ministry of Law
      dan Hak Asasi Manusia dalam Surat                               and Human Rights of Republic of Indonesia
      Keputusan     No.    AHU-AH.01-10-0028676                       as stated in Decision Letter No. AHU-AH.01-
      tanggal 1 September 2025.                                       10-0028676 dated September 1, 2025.




                                                        - 11 -
Page 230
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


      CES                                                             CES

      Berdasarkan Akta Notaris No. 65 tanggal                         Based on Notarial Deed No. 65 dated
      13 October 2025, oleh Jose Dima Satria, S.H.,                   October 13, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, Perusahaan                           M.Kn., Notary in Jakarta, the Company
      mendirikan CES dengan modal dasar sebesar                       established a company named CES with total
      US$ 10.000.000       (atau setara dengan                        authorized     capital     stock     amounted
      Rp 150.000.000.000), terbagi atas 1.000.000                     US$     10,000,000      (or    equivalent     to
      lembar saham, masing masing saham bernilai                      Rp 150,000,000,000) consist of 1,000,000
      US$ 10 atau setara dengan Rp 150.000. Dari                      shares with par value of US$ 10 or equivalent
      modal tersebut telah ditempatkan dan disetor                    to Rp 150,000. From authorized capital stock,
      penuh sebesar 40% atau sejumlah 40.000                          the issued and paid in capital is 40% or a total
      saham dengan nilai nominal seluruhnya                           of 40,000 shares with a total nominal value
      US$    4.000.000,    atau   setara   dengan                     of US$ 4,000,000, or equivalent to
      Rp 60.000.000.000. Akta tersebut telah                          Rp 60,000,000,000. The deed has been
      disahkan oleh Menteri Hukum dan Hak                             approved by the Minister of Law and
      Asasi Manusia melalui Surat Keputusan                           Human Rights under Decision Letter
      No. AHU-0089227.AH.01.01. Tahun 2025                            No. AHU-0089227. AH.01.01. Year 2025
      tanggal 16 Oktober 2025.                                        dated October 16, 2025.

      CGM                                                             CGM

      Berdasarkan Akta Notaris No. 137 tanggal                        Based on Notarial Deed No. 137 dated
      27 Oktober 2025, oleh Jose Dima Satria, S.H.,                   October 27, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, CSI dan CSP                          M.Kn., a Notary in Jakarta, CSI and CSP
      mendirikan CGM dengan modal dasar sejumlah                      established a company named CGM with total
      Rp   60.000.000     (atau    setara   dengan                    authorized capital stock amounted to
      US$ 3.608) terbagi atas 400 lembar saham,                       Rp 60,000,000 (or equivalent to US$ 3,608)
      dengan    masing-masing     saham     bernilai                  consist of 400 shares with par value of
      nominal Rp 150.000 (atau setara dengan                          Rp 150,000 (or equivalent to US$ 9). From
      US$ 9). Dari modal dasar tersebut yang telah                    authorized capital stock, the issued and paid
      ditempatkan dan disetor penuh sebesar                           in capital is approximately of 50% or
      kurang lebih 50% atau sejumlah 200 lembar                       equivalent to 200 shares amounted to
      saham dengan nilai nominal seluruhnya                           Rp 30,000,000 (or equivalent to US$ 1,804).
      sebesar Rp 30.000.000 (atau setara dengan                       These deeds were approved by the Minister
      US$ 1.804). Akta tersebut telah disahkan oleh                   of Law and Human Rights of Republic of
      Menteri Hukum dan Hak Asasi Manusia                             Indonesia      under       Decision    Letter
      Republik Indonesia melalui Surat Keputusan                      No. 0100545.AH.01.01. Tahun 2025 dated
      No. AHU-0100545.AH.01.01. Tahun 2025                            November 21, 2025.
      tanggal 21 November 2025.

      CIP                                                             CIP

      Pada 20 Maret 2025, Perusahaan, PT Buana                        On March 20, 2025, the Company, PT Buana
      Primatama Niaga (“BPN”), PT Barito Pacific Tbk                  Primatama Niaga (“BPN”), PT Barito Pacific
      dan     PT   Griya   Idola    (“GI”)     telah                  Tbk and PT Griya Idola (“GI”) has signed a
      menandatangani Perjanjian Jual Beli Saham                       Conditional Shares Sale and Purchase
      Bersyarat (“CSPA”) atas entitas anak yang                       Agreement (“CSPA”) for a subsidiary owned
      dimiliki oleh PT Barito Pacific Tbk yaitu                       by PT Barito Pacific Tbk, namely PT Barito
      PT Barito Investa Prima (“BIP”, selanjutnya                     Investa     Prima    (“BIP”,   subsequently
      menjadi “CIP”). Dalam CSPA, disepakati                          abbreviated as “CIP”). In the CSPA, it was
      bahwa Perusahaan dan BPN akan membeli                           agreed that the Company and BPN will
      saham yang dimiliki PT Barito Pacific Tbk                       purchase the shares in BIP held by PT Barito
      (99,99%) dan GI (0,01%) di BIP.                                 Pacific Tbk (99.99%) and GI (0.01%).

      Berdasarkan Akta Pengambilalihan Saham                          Based on the Shares Transfer Deed No. 100
      No. 100 tanggal 21 April 2025 antara                            dated April 21, 2025 between PT Barito
      PT Barito Pacific Tbk dan Perusahaan, PT Barito                 Pacific Tbk and the Company, PT Barito
      Pacific Tbk mengalihkan kepemilikannya atas                     Pacific Tbk transferred its ownership of
      20.390     lembar      saham     BIP    senilai                 20,390 shares of BIP amounted to
      Rp 89.955.882.353 (atau setara dengan                           Rp 89.955.882.353 (or equivalent to
      US$ 5.349.740 ribu) atau setara dengan                          US$ 5.349.740) or equal to 99.95%
      99,95% kepemilikan ke Perusahaan.                               ownership to the Company.

      Berdasarkan Akta Jual Beli Saham No. 101                        Based on the Shares Sales and Purchase
      tanggal 21 April 2025 antara GI dan                             Deed No. 101 dated April 21, 2025 between
      Perusahaan, Perusahaan membeli 9 dari                           GI and the Company, the Company
      10 lembar saham BIP milik GI senilai                            purchased 9 out of 10 BIP shares owned by
      Rp   39.705.882   (atau    setara dengan                        GI amounted to Rp 39.705.882 (or
      US$ 2.361 ribu).                                                equivalent to US$ 2.361 thousand).



                                                        - 12 -
Page 231
PT CHANDRA DAYA INVESTASI Tbk                                                PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                        DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       THEN ENDED
(Lanjutan)                                                                                       (Continued)


      Berdasarkan Akta Notaris No. 48 tanggal                       Based on Notarial Deed No. 48 dated
      8 Agustus 2025, oleh Jose Dima Satria, S.H.,                  August 8, 2025, from Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, BIP, entitas anak,                 M.Kn., Notary in Jakarta, BIP, a subsidiary,
      memutuskan untuk melakukan perubahan                          decided to change the name from “PT Barito
      nama dari sebelumnya bernama “PT Barito                       Investa Prima” to “PT Chandra Investa
      Investa Prima” menjadi “PT Chandra Investa                    Prima” (“CIP”). The deed was approved by
      Prima” (“CIP”). Akta ini telah memperoleh                     the Ministry of Law and Human Rights of
      persetujuan dari Menteri Hukum dan Hak Asasi                  Republic of Indonesia as stated in Decision
      Manusia Republik Indonesia dengan Surat                       Letter No. AHU 0053483.AH.01.02. Year
      Keputusannya No. AHU-0053483.AH.01.02.                        2025 dated August, 11, 2025.
      Tahun 2025 tanggal 11 Agustus 2025.

      Berdasarkan Akta Notaris No. 108 tanggal                      Based on Notarial Deed No. 108 dated
      22 Oktober 2025, oleh Jose Dima Satria, S.H.,                 October 22, 2025, from Jose Dima Satria,
      M.Kn., Notaris di Jakarta, CDI menyetujui                     S.H., M.Kn., Notary in Jakarta, CDI increased
      tambahan setoran modal dasar serta modal                      its paid-up capital and issued and fully paid
      disetor dan ditempatkan ke CIP sebesar                        shares to CIP amounted Rp 285,000,000,000
      Rp 285.000.000.000 (atau setara dengan                        (or equivalent to US$ 17,180,059) divided
      US$ 17.180.059) terbagi atas 285.000                          into 285,000 shares. The deed was approved
      lembar saham. Akta ini telah mendapat                         by the Ministry of Law and Human Rights of
      persetujuan oleh Menteri Hukum dan Hak                        Republic of Indonesia as stated in Decision
      Asasi Manusia dalam Surat Keputusan                           Letter No. AHU-0071835.AH.01.02. Year
      No. AHU-0071835.AH.01.02. Tahun 2025                          2025 dated Ocotber 22, 2025.
      tanggal 22 Oktober 2025.

      CSP                                                           CSP

      Berdasarkan Akta Notaris No. 15 tanggal                       Based on Notarial Deed No. 15 dated
      7 September 2023, oleh Jose Dima Satria,                      September 7, 2023, by Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, Perusahaan                   S.H., M.Kn., a Notary in Jakarta, the
      dan PT Buana Primatama Niaga (“BPN”)                          Company and PT Buana Primatama Niaga
      mendirikan CSP dengan modal dasar sejumlah                    (“BPN”) established a company named CSP
      Rp    52.500.000    (atau   setara    dengan                  with total authorized capital stock amounted
      US$ 3.500) terbagi atas 3.500 lembar saham,                   to Rp 52,500,000 (or equivalent to
      dengan masing-masing saham bernilai sebesar                   US$ 3,500) consist of 3,500 shares with par
      Rp 15.000 atau setara dengan US$ 1. Dari
                                                                    value of Rp 15,000 or equivalent to US$ 1.
      modal dasar tersebut yang telah ditempatkan
                                                                    From authorized capital stock, the issued and
      dan disetor penuh sejumlah 875 lembar saham
      dengan       nilai    nominal     seluruhnya                  paid in capital are 875 shares amounted to
      Rp 13.125.000 (atau setara dengan US$ 875).                   Rp 13,125,000 (or equivalent to US$ 875).
      Akta ini telah mendapat persetujuan oleh                      These deeds was approved by the Minister of
      Menteri Hukum dan Hak Asasi Manusia                           Law and Human Rights of Republic of
      Republik Indonesia melalui Surat Keputusan                    Indonesia      under      Decision      Letter
      No. AHU-0067254.AH.01.01. Tahun 2023                          No. AHU-0067254.AH.01.01. Tahun 2023
      tanggal 7 September 2023.                                     dated September 7, 2023.

      Berdasarkan Akta Notaris No. 96 tanggal                       Based on Notarial Deed No. 96 dated
      17 November 2023 oleh Jose Dima Satria,                       November 17, 2023, from Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, Perusahaan                   S.H., M.Kn., Notary in Jakarta, the Company
      menyetujui peningkatan modal dasar CSP                        increased its paid-up capital to CSP
      sebesar US$ 19.996.500 (atau setara dengan                    amounting US$ 19,996,500 (or equivalent to
      Rp 299.947.500.000) serta tambahan modal                      Rp 299,947,500,000) also increased its
      ditempatkan dan disetor penuh ke CSP sebesar                  issued and fully paid shares to CSP
      US$    8.950.000    (atau   setara    dengan                  amounting to US$ 8,950,000 (or equivalent
      Rp 134.250.000.000). Akta ini telah mendapat
                                                                    to Rp 134,250,000,000). The deed was
      persetujuan oleh Menteri Hukum dan Hak
                                                                    approved by the Ministry of Law and Human
      Asasi Manusia Republik Indonesia dalam Surat
                                                                    Rights of Republic of Indonesia as stated in
      Keputusan     No.    AHU-0077480.AH.01.02.
      Tahun 2023 tanggal 14 Desember 2023.                          Decision Letter No. AHU-0077480.AH.01.02.
                                                                    Tahun 2023 dated December 14, 2023.

      Berdasarkan Akta Notaris No. 199 tanggal                      Based on Notarial Deed No. 199 dated
      21 Juni 2024, oleh Jose Dima Satria, S.H.,                    June 21, 2024, from Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, Perusahaan                         M.Kn., Notary in Jakarta, the Company
      melakukan peningkatan modal ditempatkan                       increased its issued and fully paid shares to
      dan   disetor   penuh     ke   CSP  sebesar                   CSP amounting to US$ 5,000,000 (or
      US$    5.000.000    (atau    setara  dengan                   equivalent to Rp 75,000,000,000). The deed
      Rp 75.000.000.000). Akta ini telah mendapat                   was approved by the Ministry of Law
      persetujuan oleh Menteri Hukum dan Hak Asasi                  and Human Rights of Republic of Indonesia
      Manusia Republik Indonesia melalui Surat
                                                                    as     stated      in    Decision      Letter
      Keputusan     No.    AHU-AH.01.03-0158117.
                                                                    No. AHU-AH.01.03-0158117. Tahun 2024
      Tahun 2024 tanggal 25 Juni 2024.
                                                                    dated June 25, 2024.


                                                      - 13 -
Page 232
PT CHANDRA DAYA INVESTASI Tbk                                                PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                        DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       THEN ENDED
(Lanjutan)                                                                                       (Continued)


      Berdasarkan Akta Notaris No. 75 tanggal                       Based on Notarial Deed No. 75 dated
      20 Januari 2025, oleh Jose Dima Satria, S.H.,                 January 20, 2025, from Jose Dima Satria,
      M.Kn., Notaris di Jakarta, Perusahaan                         S.H., M.Kn., Notary in Jakarta, the Company
      melakukan peningkatan modal ditempatkan                       increased its issued and fully paid shares to
      dan    disetor  penuh    ke    CSP   sebesar                  CSP amounting to US$ 18,000,000 (or
      US$ 18.000.000       (atau setara dengan                      equivalent to Rp 270,000,000,000). The
      Rp 270.000.000.000). Akta ini telah mendapat                  deed was approved by the Ministry of Law
      persetujuan oleh Menteri Hukum dan Hak                        and Human Rights of Republic of Indonesia
      Asasi Manusia Republik Indonesia melalui                      as     stated      in     Decision     Letter
      Surat Keputusan No. AHU-AH.01.03-0031929.                     No. AHU-AH.01.03-0031929. Tahun 2025
      Tahun 2025 tanggal 4 Februari 2025.                           dated February 4, 2025.

      Berdasarkan Akta Notaris No. 133 tanggal                      Based on Notarial Deed No. 133 dated
      21 Agustus 2025, oleh Jose Dima Satria, S.H.,                 August 21, 2025, from Jose Dima Satria,
      M.Kn., Notaris di Jakarta, Perusahaan                         S.H., M.Kn., Notary in Jakarta, the Company
      melakukan peningkatan modal ditempatkan                       increased its issued and fully paid shares to
      dan   disetor   penuh    ke    CSP   sebesar                  CSP amounting to US$ 42,228,230 (or
      US$ 42.228.230      (atau setara dengan                       equivalent     to   Rp    633,423,450,000).
      Rp 633.423.450.000). Akta ini telah mendapat                  The deed was approved by the Ministry of
      persetujuan oleh Menteri Hukum dan Hak                        Law and Human Rights of Republic of
      Asasi Manusia melalui Surat Keputusan                         Indonesia as stated in Decision Letter
      No. AHU-AH.01.03-0225724. Tahun 2025                          No. AHU-AH.01.03-0225724. Tahun 2025
      tanggal 25 Agustus 2025.                                      dated August 25, 2025.

      CSI                                                           CSI

      Berdasarkan Akta Notaris No. 83 tanggal                       Based on Notarial Deed No. 83 dated
      14 Maret 2024, oleh Jose Dima Satria, S.H.,                   March 14, 2024, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, BPN dan Fransiskus                 M.Kn. a Notary in Jakarta, BPN and
      Ruly Aryawan mendirikan CSI dengan modal                      Fransiskus    Ruly   Aryawan    established
      dasar sejumlah Rp 60.000.000 (atau setara                     CSI with total authorized capital stock
      dengan US$ 3.852) terbagi atas 400 lembar                     amounted to Rp 60,000,000 (or equivalent to
      saham, masing-masing saham bernilai sebesar                   US$ 3,852) consist of 400 shares with par
      Rp 150.000. Dari modal dasar tersebut telah                   value of Rp 150,000. From authorized capital
      ditempatkan dan disetor penuh sejumlah 200                    stock, the issued and paid in capital is 200
      lembar    saham     dengan     nilai nominal                  shares amounted to Rp 30,000,000 (or
      seluruhnya sebesar Rp 30.000.000 (atau                        equivalent to US$ 1,926). The deed was
      setara dengan US$ 1.926). Akta tersebut telah                 approved by the Minister of Law and Human
      disahkan oleh Menteri Hukum dan Hak Asasi                     Rights of Republic of Indonesia under
      Manusia Republik Indonesia melalui Surat                      Decision Letter No. AHU-0020372.AH.01.01.
      Keputusan     No.    AHU-0020372.AH.01.01.                    Tahun 2024 dated March 15, 2024.
      Tahun 2024 tanggal 15 Maret 2024.

      Berdasarkan Akta Notaris No. 197 tanggal                      Based on Notarial Deed No. 197 dated
      21 Juni 2024, oleh Jose Dima Satria, S.H.,                    June 21, 2024, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                     M.Kn., a Notary in Jakarta, shareholders of
      CSI menyetujui pengalihan saham Fransiskus                    CSI have approved the transfer of 1 share of
      Ruly Aryawan sebanyak 1 lembar saham                          Fransiskus Ruly Aryawan to BPN.
      kepada BPN.

      Kepemilikan efektif langsung Perusahaan pada                  The Company’s effective direct ownership in
      31 Desember 2024 di CSI adalah sebesar 49%.                   CSI as of December 31, 2024 are 49%. The
      Susunan Dewan Direksi CSI saat ini, yang                      composition of the present Board of Directors
      memiliki     wewenang      atas     kebijakan                 of CSI, which has the decision-making
      perencanaan, operasi dan keuangan CSI,                        authority over the planning, operation and
      memberikan Perusahaan hak untuk mengatur                      financial policies of CSI, gives the Company
      kebijakan finansial dan operasional dari CSI.                 the power to govern the financial and
      Selanjutnya, Perusahaan memiliki kendali                      operating policies of CSI. Further, the
      karena kekuasaannya untuk mempengaruhi                        Company has control due to its power to
      kegiatan yang terkait dengan CSI dan tingkat                  affect the relevant activities of CSI and its
      pengembalian variabelnya.                                     variable return.

      Berdasarkan Akta Notaris No. 1 tanggal                       Based on Notary Deed No. 1 dated October 1,
      1 Oktober 2025, oleh Jose Dima Satria, S.H.,                 2025, by Jose Dima Satria, S.H., M.Kn.,
      M.Kn., Notaris di Jakarta, pemegang saham                    Notary in Jakarta, the shareholders of CSI
      CSI menyetujui penambahan modal dasar CSI                    agreed on the increased of CSI’s paid-up
      sebesar Rp 2.872.320.000.000 (atau setara                    capital amounted to Rp 2,872,320,000,000
      dengan US$ 172.077.642) serta penambahan                     (or equivalent to US$ 172,077,642) and
      modal ditempatkan dan disetor penuh ke CSI                   increased of issued and fully paid capital to
      sebesar Rp 2.872.320.000.000 (atau setara                    CSI amounted to R p 2,872,320,000,000 (or
      dengan US$ 172.077.642) yang diambil sesuai                  equivalent to US$ 172,077,642) which were
      persentase    kepemilikan    masing-masing                   taken up in proportion to each shareholder’s
      pemegang saham.                                              ownership percentage.


                                                      - 14 -
Page 233
PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


      Berdasarkan Akta Notaris No. 3 tanggal                         Based on Notary Deed No. 3 dated
      1 Oktober 2025, oleh Jose Dima Satria, S.H.,                   October 1, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                      M.Kn., Notary in Jakarta, the shareholders of
      CSI menyetujui pengalihan saham BPN                            CSI approved the transfer of BPN shares in
      sejumlah 9.684.758 lembar saham kepada                         CSI amounted to 9,684,758 shares to CDI
      CDI dan 1 lembar saham kepada CSP.                             and 1 share to CSP.

      CTK                                                            CTK

      Berdasarkan Akta Notaris No. 157 tanggal                       Based on Notarial Deed No. 157 dated
      22 November 2024, oleh Jose Dima Satria,                       November 22, 2024, by Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta, Perusahaan                    S.H., M.Kn., a Notary in Jakarta, the
      dan PT Petrosea Infrastruktur Nusantara,                       Company and PT Petrosea Infrastruktur
      pihak ketiga, mendirikan CTK dengan modal                      Nusantara, a third party established a
      dasar sejumlah US$ 4.000.000 (atau setara                      company named CTK with total authorized
      dengan Rp 60.000.000.000) terbagi atas                         capital stock amounted to US$ 4,000,000 (or
      400.000 lembar saham, dengan masing-                           equivalent to Rp 60,000,000,000) consist of
      masing saham bernilai nominal US$ 10 (atau                     400,000 shares with par value of US$ 10 (or
      setara dengan Rp 150.000). Dari modal dasar                    equivalent to Rp 150,000). From authorized
      tersebut yang telah ditempatkan dan disetor                    capital stock, the issued and paid in capital is
      penuh sebesar kurang lebih 25% atau                            approximately of 25% or equivalent to
      sejumlah 100.000 lembar saham dengan nilai                     100,000 shares amounted to US$ 1,000,000
      nominal seluruhnya sebesar US$ 1.000.000                       (or equivalent to Rp 15,000,000,000).
      (atau setara dengan Rp 15.000.000.000).                        These deeds were approved by the Minister
      Akta tersebut telah disahkan oleh Menteri                      of Law and Human Rights of Republic of
      Hukum dan Hak Asasi Manusia Republik                           Indonesia       under      Decision      Letter
      Indonesia     melalui   Surat     Keputusan                    No. AHU-0094692.AH.01.01. Tahun 2024
      No. AHU-0094692.AH.01.01. Tahun 2024                           dated November 28, 2024.
      tanggal 28 November 2024.

      Berdasarkan Akta Notaris No. 204 tanggal                       Based on Notarial Deed No. 204 dated
      23 Desember 2025, Perusahaan menyetujui                        December 23, 2025, the Company increased
      peningkatan modal dasar CTK sebesar                            its paid-up capital to CTK amounted
      US$ 16.000.000       (atau setara dengan                       US$     16,000,000    (or     equivalent    to
      Rp 240.000.000.000) terbagi atas 1.600.000                     Rp 240,000,000,000) consist of 1,600,000
      lembar saham serta tambahan modal disetor                      shares and also increased its issued and fully
      dan ditempatkan CTK sebesar US$ 14.400.000                     paid    shares   to   CTK     amounted     to
      (atau setara dengan Rp 216.000.000.000)                        US$     14,400,000    (or     equivalent    to
      terbagi atas 1.440.000 saham. Akta tersebut                    Rp 216,000,000,000) consist of 1,440,000
      telah disahkan oleh Menteri Hukum dan Hak                      shares. These deeds were approved by the
      Asasi Manusia melalui Surat Keputusan                          Minister of Law and Human Rights under
      No. AHU-0000267.AH.01.02. Tahun 2026                           Decision Letter No. AHU-0000267.AH.01.02.
      tanggal 5 Januari 2026.                                        Year 2026, dated January 5, 2026.

      CWC                                                            CWC

      Berdasarkan Akta Notaris No. 134 tanggal                       Based on Notarial Deed No. 134 dated
      24 September 2025, oleh Jose Dima Satria,                      September 24, 2025, by Jose Dima Satria,
      S.H., M.Kn., Notaris di Jakarta. CDW2 dan CIP                  S.H., M.Kn., a Notary in Jakarta. CDW2 and
      mendirikan CWC dengan modal dasar sebesar                      CIP established CWC with the total
      Rp    30.000.000     (atau    setara   dengan                  authorized    capital   amounted    to    Rp
      US$ 1.803) terbagi atas 200 saham, masing-                     30,000,000 (or equivalent to US$ 1,803
      masing saham bernilai nominal Rp 150.000                       thousand) divided into 200 shares, each
      (atau setara dengan US$ 9). Dari modal dasar                   share with a nominal value of Rp 150.000 (or
      tersebut telah ditempatkan dan disetor penuh                   equivalent to US$ 9). From authorized capital
      sejumlah 200 saham dengan nilai nominal                        stock, the issued and paid in capital is 200
      seluruhnya sebesar Rp 30.000.000 (atau                         shares amounted to Rp 30,000,000 (or
      setara dengan US$ 1.803). Akta tersebut telah                  equivalent to US$ 1,803). These deeds
      disahkan oleh Menteri Hukum dan Hak Asasi                      were approved by the Minister of Law and
      Manusia      melalui      Surat      Keputusan                 Human Rights under Decision Letter
      No. AHU-0086136.AH.01.01. Tahun 2025                           No. AHU-0086136. AH.01.01. Year 2025
      tanggal 7 Oktober 2025.                                        dated 7 October 2025.

      Berdasarkan Akta Notaris No. 110 tanggal                       Based on Notarial Deed No. 110 dated
      22   Oktober    2025,  CDW2     menyutujui                     October 22, 2025, CDW2 increased its paid-
      peningkatan modal dasar CWC sebesar                            up    capital  to   CWC      amounted   to
      Rp 285.000.000.000 (atau setara dengan                         Rp     285,000,000,000     (equivalent  to
      US$ 17.180.059) terbagi atas 1.900.000                         US$ 17,180,059) divided into 1,900
      lembar saham. Akta tersebut telah disahkan                     thousand shares. These deeds were
      oleh Menteri Hukum dan Hak Asasi Manusia                       approved by the Minister of Law and Human
      melalui   Surat   Keputusan    No.    AHU-                     Rights through Decree No. AHU-0071860.
      0071860.AH.01.02.Tahun    2025     tanggal                     AH.01.02. Year 2025 dated October 22,
      22 Oktober 2025.                                               2025.


                                                       - 15 -
Page 234
PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


      KCE                                                            KCE

      Berdasarkan Akta Notaris No. 88 tanggal                        Based on Notarial Deed No. 88 dated
      27 Februari 2023, oleh Jose Dima Satria, S.H.,                 February 27, 2023, by Jose Dima Satria,
      M.Kn., Notaris di Jakarta, CAP membeli saham                   S.H., M.Kn., a Notary in Jakarta, CAP has
      PT Krakatau Daya Listrik (“KDL”), seharga                      acquired the shares of PT Krakatau Daya
      Rp 2.255.000.000.000 (atau setara dengan                       Listrik      (“KDL”),       amounted    to
      US$ 143.347.530) yang mewakili 70% dari                        Rp 2,255,000,000,000 (or equivalent to
      jumlah modal saham yang ditempatkan dan                        US$ 143,347,530) which represents 70% of
      disetor KDL.                                                   the total issued and fully paid of KDL.

      Berdasarkan Akta Notaris No. 92 tanggal                        Based on Notarial Deed No. 92 dated
      27 Februari 2023, oleh Jose Dima Satria, S.H.,                 February 27, 2023, by Jose Dima Satria,
      M.Kn., Notaris di Jakarta, CAP mengalihkan                     S.H., M.Kn., a Notary in Jakarta, CAP
      kepemilikan saham KDL tersebut kepada                          transferred the investment in KDL shares to
      Perusahaan.                                                    the Company.

      Berdasarkan Akta Notaris No. 1 tanggal                         Based on Notarial Deed No. 1 dated
      17 Oktober 2023 oleh Nurlaila, S.H., M.Kn.,                    October 17, 2023, from Nurlaila, S.H., M.Kn.,
      Notaris   di  Jakarta,   pemegang    saham                     Notary in Jakarta, shareholders have
      menyetujui perubahan nama dari sebelumnya                      approved the changes of the name from its
      PT Krakatau Daya Listrik (“KDL”) menjadi                       previous name PT Krakatau Daya Listrik
      PT Krakatau Chandra Energi (“KCE”). Akta ini                   (“KDL”) to PT Krakatau Chandra Energi
      telah mendapat persetujuan oleh Menteri                        (“KCE”). The deed was approved by the
      Hukum dan Hak Asasi Manusia Republik                           Ministry of Law and Human Rights of Republic
      Indonesia     dalam     Surat    Keputusan                     of Indonesia as stated in Decision Letter
      No. AHU-0063450.AH.01.02. Tahun 2023                           No. AHU-0063450.AH.01.02. Tahun 2023
      tanggal 19 Oktober 2023.                                       dated October 19, 2023.

      KSE                                                            KSE

      Berdasarkan Akta No. 2 dari Notaris Indrajati                  Based on Notarial Deed No. 2 of
      Tandjung, S.H. tanggal 30 September 2022,                      Notary Indrajati Tandjung, S.H. dated
      KCE mengakuisisi 116.125 lembar saham                          September 30, 2022, KCE acquired 116,125
      biasa atau setara dengan 68,07% kepemilikan                    ordinary shares or equivalent to 68.07% of
      KSE dari PT Krakatau Jasa Industri (“KJI”).                    the ownership of KSE from PT Krakatau Jasa
      Nilai pengalihan sebesar Rp 10.505.829.000                     Industri (“KJI”). Purchase price amounting to
      atau setara dengan US$ 689.042.                                Rp 10,505,829,000 or equivalent            to
                                                                     US$ 689,042.

      Selama tahun 2024, KCE mengambil alih                          During    2024,    KCE    acquired   27.237
      27,237 lembar saham KSE dari Koperasi                          ordinary shares of KSE from Koperasi
      Konsumen      Karyawan     KIEC    sebesar                     Konsumen Karyawan KIEC amounting to
      Rp 1.266.520.500 atau setara dengan                            Rp    1,266,520,500    or    equivalent  to
      US$ 79.446, dan 27.238 lembar saham KSE                        US$ 79,446 and 27,238 ordinary shares of
      dari Koperasi Konsumen PT Latinusa sebesar                     KSE from Koperasi Konsumen PT Latinusa
      Rp 1.266.567.000 atau setara dengan                            amounting     to   Rp   1,266,567,000    or
      US$ 79.448, masing-masing sesuai dengan                        equivalent to US$ 79,448 in accordance with
      Akta dari Notaris Indrajati Tandjung, S.H.                     Deed of Notary Indrajati Tandjung, S.H.
      No. 20 tanggal 20 November 2024, dan Akta                      No. 20 dated November 20, 2024, and No. 21
      No. 21 tanggal 21 November 2024. Atas hal                      dated November 21, 2024, respectively.
      tersebut, kepemilikan Perusahaan terhadap                      Accordingly, KCE's ownership in KSE became
      KSE menjadi 170.599 lembar saham atau                          170,599 shares or equivalent to 99.99%.
      setara dengan 99,99%.

      MIM                                                            MIM

      Berdasarkan Akta Notaris No. 1 tanggal                         Based on Notarial Deed No. 1 dated
      1 Agustus 2018, oleh Merry Eddy., S.H., M.Kn.,                 August 1, 2018, by Merry Eddy., S.H., M.Kn.,
      Notaris    di    Jakarta,   Sumartono     dan                  a Notary in Jakarta, Sumartono and
      PT Arcadia Lane mendirikan MIM dengan                          PT Arcadia Lane established MIM with total
      modal dasar sejumlah Rp 15.000 juta (atau                      authorized capital stock amounted to
      setara dengan US$ 1.000 ribu) terbagi atas                     Rp 15,000 million (or equivalent to
      150 ribu lembar saham, masing-masing saham                     US$ 1,000 thousand) consist of 150 thousand
      bernilai sebesar Rp 100 ribu. Dari modal dasar                 shares with par value of Rp 100 thousand.
      tersebut, telah ditempatkan dan disetor penuh                  From authorized capital stock, the issued and
      sejumlah 135 ribu lembar saham dengan nilai                    paid in capital is 135 thousand shares
      nominal seluruhnya sebesar Rp 13.500 juta                      amounted to Rp 13,500 million (or equivalent
      (atau setara dengan US$ 900 ribu).                             to US$    900     thousand).     The     deed
      Akta tersebut telah disahkan oleh Menteri                      was approved by the Minister of Law and
      Hukum dan Hak Asasi Manusia Republik                           Human Rights of Republic of Indonesia under
      Indonesia      melalui    Surat     Keputusan                  Decision Letter No. AHU-0036877.AH.01.01.
      No. AHU-0036877.AH.01.01. Tahun 2018                           Tahun 2018 dated August 7, 2018.
      tanggal 7 Agustus 2018.


                                                       - 16 -
Page 235
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


      Anggaran Dasar MIM telah mengalami                              MIM’s Article of Association have been
      beberapa kali perubahan, yang terakhir                          amended several times, most recently stated
      menyatakan jumlah modal yang ditempatkan                        the issued and paid-up capital amounted to
      dan disetor penuh sebesar Rp 41.500 juta (atau                  Rp 41,500 million (or equivalent to
      setara dengan US$ 2.879.345).                                   US$ 2,879,345).

      Berdasarkan Akta Notaris No. 16 tanggal                         Based on Notarial Deed No. 16 dated
      30 Agustus 2024, oleh Utari Wardhani, S.H.,                     August 30, 2024, by Utari Wardhani, S.H.,
      M.Kn., Notaris di Jakarta, BPN dan Perusahaan                   M.Kn., a Notary in Jakarta, BPN and the
      membeli saham MIM dengan kepemilikan                            Company have acquired the shares of MIM
      masing-masing 51% dan 49%.                                      with   ownership of 51% and 49%,
                                                                      respectively.

      Akuisisi ini diperhitungkan sebagai akuisisi                    The acquisition was accounted for as an asset
      aset daripada kombinasi bisnis karena secara                    acquisition    rather   than    a    business
      substansial semua nilai wajar dari aset bruto                   combination as substantially all of the fair
      yang diperoleh terkonsentrasi pada nilai kapal,                 value of the gross assets acquired is
      menjadi aset yang dapat diidentifikasi.                         concentrated in the value of the vessel, being
      Akibatnya, pendekatan nilai wajar relatif                       the identifiable assets. Consequently, a
      diambil untuk mengalokasikan pertimbangan                       relative fair value approach was taken for
      pada aset dan kewajiban yang diperoleh tanpa                    allocating the consideration to the acquired
      adanya goodwill yang diakui.
                                                                      assets and liabilities with no goodwill
                                                                      recognized.

      Kepemilikan efektif langsung Perusahaan pada                    The Company’s effective direct ownership in
      31 Desember 2024 di MIM adalah sebesar                          MIM as of December 31, 2024 are 49%. The
      49%. Susunan Dewan Direksi MIM saat ini,                        composition of the present Board of Directors
      yang memiliki wewenang atas kebijakan                           of MIM, which has the decision-making
      perencanaan, operasi dan keuangan MIM,                          authority over the planning, operation and
      memberikan Perusahaan hak untuk mengatur                        financial policies of MIM, gives the Company
      kebijakan finansial dan operasional dari MIM.                   the power to govern the financial and
      Selanjutnya, Perusahaan memiliki kendali                        operating policies of MIM. Further, the
      karena kekuasaannya untuk mempengaruhi
                                                                      Company has control due to its power to
      kegiatan yang terkait dengan MIM dan tingkat
                                                                      affect the relevant activities of MIM and its
      pengembalian variabelnya.
                                                                      variable return.

      Berdasarkan Akta Notaris No. 2 tanggal                          Based on Notary Deed No. 2 dated
      1 Oktober 2025, oleh Jose Dima Satria, S.H.,                    October 1, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                       M.Kn., Notary in Jakarta, the shareholders of
      MIM menyetujui penambahan modal dasar                           MIM agreed on the increased of MIM’s paid-
      MIM sebesar Rp 2.476.320.000.000 (atau                          up capital amounted to Rp 2,476,320,000,000
      setara dengan US$ 148.353.702) serta                            (or equivalent to US$ 148,353,702) and
      penambahan modal ditempatkan dan disetor                        increased of issued and fully paid capital to
      penuh ke MIM sebesar Rp 1.802.779.500.000                       CSI amounted to Rp 1,802,779,500,000 (or
      (atau setara dengan US$ 108.002.606) yang                       equivalent to US$ 108,002,606) which were
      diambil   sesuai   persentase   kepemilikan                     taken up in proportion to each shareholder’s
      masing-masing pemegang saham.                                   ownership percentage.

      Berdasarkan Akta Notaris No. 6 tanggal                          Based on Notary Deed No. 6 dated
      1 Oktober 2025, oleh Jose Dima Satria, S.H.,                    October 1, 2025, by Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, pemegang saham                       M.Kn., Notary in Jakarta, the shareholders of
      MIM menyetujui pengalihan saham BPN                             MIM approved the transfer of BPN shares in
      sejumlah 11.864.943 lembar saham kepada                         MIM amounted to 11,864,943 shares to CDI
      CDI dan 1 lembar saham kepada CSP.                              and 1 share to CSP.

      RPU                                                             RPU

      Berdasarkan Akta Notaris No. 97 tanggal                         Based on Notarial Deed No. 97 dated
      17 Mei 2023 oleh Jose Dima Satria, S.H.,                        May 17, 2023, of Jose Dima Satria, S.H.,
      M.Kn., Notaris di Jakarta, Perusahaan membeli                   M.Kn., Notary in Jakarta, the Company has
      saham RPU dari PT Chandra Asri Pacific Tbk                      acquired the shares of RPU from PT Chandra
      (“CAP”), seharga Rp 29.424.108.436 (atau                        Asri Pacific Tbk (“CAP”), amounted to
      setara dengan US$ 1.998.649) yang mewakili                      Rp 29,424,108,436 (or equivalent to
      50,75% dari jumlah modal saham yang                             US$ 1,998,649) which represents 50.75% of
      ditempatkan dan disetor RPU. Akuisisi yang                      the total issued and fully paid of RPU. The
      dilakukan adalah transaksi kombinasi bisnis                     acquisition was a business combination
      entitas sepengendali.                                           transaction between entities under common
                                                                      control.




                                                        - 17 -
Page 236
PT CHANDRA DAYA INVESTASI Tbk                                                        PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               THEN ENDED
(Lanjutan)                                                                                               (Continued)


          Berdasarkan Akta Notaris No. 16 tanggal 3 Juli                      Based on Notarial Deed No. 16 dated July 3,
          2025, oleh Jose Dima Satria, S.H., M.Kn.,                           2025, from Jose Dima Satria, S.H., M.Kn.,
          Notaris   di   Jakarta,    RPU    melakukan                         Notary in Jakarta, RPU increased its issued
          peningkatan modal ditempatkan dan disetor                           and fully paid shares to Rp 9,266,000,000.
          penuh menjadi sebesar Rp 9.266.000.000.                             The deed was approved by the Ministry of
          Akta ini telah mendapat persetujuan oleh                            Law and Human Rights of Republic of
          Menteri Hukum dan Hak Asasi Manusia melalui                         Indonesia as stated in Decision Letter No.
          Surat Keputusan No. AHU-AH.01.09-0308954.                           AHU-AH.01.09-0308954. Tahun 2025 dated
          Tahun 2025 tanggal 9 Juli 2025.                                     July 9, 2025.

          WSI                                                                 WSI

          Berdasarkan Akta Notaris No. 72 tanggal                             Based on Notary Deed No. 72 dated
          13 Agustus 2025, oleh Jose Dima Satria, S.H.,                       August 13, 2025, by Jose Dima Satria, S.H.,
          M.Kn., Notaris di Jakarta, CIP dan CTK                              M.Kn., Notary in Jakarta, CIP and CTK
          mendirikan WSI dengan modal dasar sebesar                           established WSI with total authorized capital
          US$     2.000.000   (atau   setara    dengan                        stock amounted to US$ 2,000,000 (or
          Rp 30.000.000.000) terbagi atas 2.000.000                           equivalent to Rp 30,000,000,000) consist of
          lembar saham dengan masing-masing saham                             2,000,000 shares with par value of US$ 1 (or
          bernilai US$ 1 (atau setara dengan                                  equivalent to Rp 150,000). From authorized
          Rp 150.000). Dari modal dasar tersebut telah                        capital stock, the issued and paid in capital is
          ditempatkan dan disetor penuh sejumlah                              1,000,000        shares      amounted        to
          1.000.000 lembar saham dengan nilai nominal                         US$      1,000,000     (or    equivalent     to
          seluruhnya sebesar US$ 1.000.000 (atau                              Rp    15,000,000,000).      The   deed     was
          setara     dengan     Rp   15.000.000.000).                         approved by the Minister of Law and Human
          Akta tersebut telah disahkan oleh Menteri                           Rights of Republic ofthrough Decree
          Hukum dan Hak Asasi Manusia Republik                                No. AHU-0069133. AH.01.01. Year 2025
          Indonesia     melalui    Surat     Keputusan                        dated August 15, 2025.
          No. AHU-0069133.AH.01.01. Tahun 2025
          tanggal 15 Agustus 2025.

          Berdasrkan Akta Notaris No. 205 tanggal                             Based on Notarial Deed No. 205 dated
          23 Desember 2025, oleh Jose Dima Satria,                            December 23, 2025, from Jose Dima Satria,
          S.H., M.Kn., Notaris di Jakarta, CTK                                S.H., M.Kn., Notary in Jakarta, CTK increased
          menyetujui penambahan modal dasar WSI                               its paid-up capital to WSI amounting
          sebesar US$ 8.000.000 (atau setara dengan                           US$     8,000,000      (or    equivalent   to
          Rp 120.000.000.000) serta penambahan                                Rp 120,000,000,000) also increased its
          modal ditempatkan dan disetor penuh ke WSI                          issued and fully paid shares to WSI amounted
          sebesar US$ 5.666.667 (atau setara dengan                           to US$ 5,666,6667 (or equivalent to
          Rp 85.000.005.000). Akta ini telah mendapat                         Rp 85,000,005,000). The deed was approved
          persetujuan Menteri Hukum dan Hak Asasi                             by the Ministry of Law and Human Rights of
          Manusia Republik Indonesia dalam Surat                              Republic of Indonesia as stated in Decision
          Keputusan No. AHU-0000269.AH.01.02. Tahun                           Letter No. AHU-0000269.AH.01.02. Tahun
          2026 tanggal 5 Januari 2026.                                        2026 dated January 5, 2026.


2.   PENERAPAN    STANDAR       AKUNTANSI                             2. ADOPTION   OF   NEW   AND  REVISED
     KEUANGAN BARU DAN REVISI (”PSAK”)                                   STATEMENTS OF FINANCIAL ACCOUNTING
                                                                         STANDARDS (“PSAK”)

     a.    Amendemen/Penyesuaian Standar yang                           a.   Amendments/Improvements to Standards
           Berlaku Efektif pada Periode Berjalan                             Effective in the Current Period

           Dalam    periode     berjalan,   Grup     telah                   In the current period, the Group has applied a
           menerapkan        sejumlah        amendemen/                      number of amendments/improvements to
           penyesuaian PSAK yang relevan dengan                              PSAK that are relevant to its operations and
           operasinya dan efektif untuk periode akuntansi                    effective for accounting period beginning on or
           yang dimulai pada atau setelah 1 Januari 2025.                    after January 1, 2025. The adoption of these
           Penerapan atas PSAK baru/revisi tidak                             new/revised PSAKs does not result in changes
           mengakibatkan perubahan atas kebijakan                            to the Group’s accounting policies and has no
           akuntansi Grup dan tidak memiliki dampak                          material effect on the amounts reported in
           material terhadap jumlah yang dilaporkan                          these consolidated financial statements.
           dalam laporan keuangan konsolidasian.

     b.    Standar dan Amendemen/Penyesuaian                            b.   Standards       and       Amendments/
           Standar Telah Diterbitkan tapi Belum                              Improvements to Standards Issued not yet
           Diterapkan                                                        Adopted

           Pada tanggal persetujuan laporan keuangan                         At the date of authorization of these
           konsolidasian, standar dan amendemen-                             consolidated     financial   statements,     the
           amendemen atas PSAK yang relevan bagi                             following standard and amendments to PSAK
           Grup, yang telah diterbitkan namun belum                          relevant to the Group were issued but not
           berlaku efektif, dengan penerapan dini                            effective, with early application permitted:
           diijinkan, adalah sebagai berikut:


                                                             - 18 -
Page 237
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


          Efektif untuk periode yang dimulai pada atau                   Effective for periods beginning on or after
          setelah tanggal 1 Januari 2026                                 January 1, 2026

          •   PSAK 109 (amendemen) Instrumen                             •   PSAK      109   (amendment)     Financial
              Keuangan dan PSAK 107 (amendemen)                              Instruments and PSAK 107 (amendment)
              Instrumen Keuangan: Pengungkapan                               Financial Instruments: Disclosure on the
              tentang Klasifikasi dan Pengukuran                             Classification  and   Measurement      of
              Instrumen Keuangan                                             Financial Instruments

          •   Penyesuaian    Tahunan     2024     SAK                    •   Annual Improvement for 2024 Indonesian
              Indonesia                                                      SAK

          Efektif untuk periode yang dimulai pada atau                   Effective for periods beginning on or after
          setelah tanggal 1 Januari 2027                                 January 1, 2027

          •   PSAK 118 Penyajian dan Pengungkapan                        •   PSAK 118 Presentation and Disclosure in
              dalam Laporan Keuangan                                         Financial Statements

          Sampai dengan tanggal penerbitan laporan                       As of the issuance date of the consolidated
          keuangan    konsolidasian, dampak     dari                     financial statements, the effects of adopting
          amandemen-amandemen atas PSAK tersebut                         these amendents to PSAK on the consolidated
          terhadap laporan keuangan konsilidasian                        financial statements are not known nor
          tidak dapat diketahui atau diestimasi oleh                     reasonably estimable by management.
          manajemen.


3.   INFORMASI         KEBIJAKAN         AKUNTANSI             3.   MATERIAL             ACCOUNTING               POLICY
     MATERIAL                                                       INFORMATION

     a.   Pernyataan Kepatuhan                                      a.   Statement of Compliance

          Laporan keuangan konsolidasian Grup                            The consolidated financial statements of the
          disusun sesuai dengan Standar Akuntansi                        Group have been prepared in accordance with
          Keuangan di Indonesia.                                         Indonesian Financial Accounting Standards.

     b.   Dasar Penyusunan                                          b.   Basis of Preparation

          Dasar    penyusunan    laporan    keuangan                     The consolidated financial statements have
          konsolidasian adalah biaya historis, kecuali                   been prepared on the historical cost basis,
          instrumen keuangan tertentu yang diukur                        except for certain financial instruments that
          pada jumlah revaluasian atau nilai wajar                       are measured at revalued amounts or fair
          pada setiap akhir periode pelaporan, yang                      values at the end of each reporting period, as
          dijelaskan dalam kebijakan akuntansi di                        explained in the accounting policies below.
          bawah ini.

          Biaya historis umumnya didasarkan pada                         Historical cost is generally based on the fair
          nilai wajar dari imbalan yang diberikan                        value of the consideration given in exchange
          dalam pertukaran barang dan jasa.                              for goods and services.

          Nilai wajar adalah harga yang akan diterima                    Fair value is the price that would be received
          untuk menjual aset atau dibayar untuk                          to sell an asset or paid to transfer a liability in
          mengalihkan kewajiban dalam transaksi                          an orderly transaction between market
          yang teratur antara para pelaku pasar pada                     participants at the measurement date,
          tanggal pengukuran, terlepas dari apakah                       regardless of whether that price is directly
          harga tersebut dapat diamati secara                            observable or estimated using another
          langsung atau diestimasi menggunakan                           valuation technique. In estimating the fair
          teknik penilaian lain. Dalam mengestimasi                      value of an asset or a liability, the Group takes
          nilai wajar dari suatu aset atau liabilitias,                  into account the characteristics of the asset or
          Grup memperhitungkan karakteristik aset                        liability if market participants would take those
          atau liabilitas jika pelaku pasar akan                         characteristics into account when pricing the
          memperhitungkan karakteristik tersebut                         asset or liability at the measurement date. Fair
          ketika menentukan harga aset atau liabilitas                   value for measurement and/or disclosure
          pada tanggal pengukuran. Nilai wajar untuk                     purposes in these consolidated financial
          tujuan pengukuran dan/atau pengungkapan                        statements is determined on such a basis,
          pada laporan keuangan konsolidasian                            except for leasing transactions that are within
          ditentukan atas dasar tersebut, kecuali                        the scope of PSAK 116, and measurements
          untuk transaksi sewa yang merupakan ruang                      that have some similarities to fair value but are
          lingkup PSAK 116, dan pengukuran yang                          not fair value, such as net realizable value in
          memiliki kemiripan dengan nilai wajar                          PSAK 202 Inventories (PSAK 202) or value in
          namun bukan merupakan nilai wajar, seperti                     use in PSAK 236 Impairment of Assets (PSAK
          nilai realisasi bersih dalam PSAK 202                          236).
          Persediaan (PSAK 202) atau nilai pakai
          dalam PSAK 236 Penurunan Nilai Aset
          (PSAK 236).


                                                          - 19 -
Page 238
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


         Laporan arus kas konsolidasian disusun                       The consolidated statements of cash flows are
         dengan menggunakan metode langsung                           prepared using the direct method with
         dengan mengelompokkan arus kas dalam                         classifications of cash flows into operating,
         aktivitas operasi, investasi dan pendanaan.                  investing and financing activities.

         Direksi memiliki, pada saat persetujuan                      The Directors have, at the time of approving
         laporan keuangan konsolidasian, suatu                        the consolidated financial statements, a
         ekspektasi yang memadai bahwa Grup                           reasonable expectation that the Group has
         memiliki sumber daya yang cukup untuk                        adequate resources to continue in operational
         melanjutkan keberadaan operasinya untuk                      existence for the foreseeable future. Thus,
         di masa yang akan datang. Sehingga,                          they continue to adopt the going concern basis
         mereka melanjutkan penerapan dasar                           of accounting in preparing the consolidated
         akuntansi kelangsungan usaha dalam                           financial statements.
         penyusunan laporan keuangan konsolidasian.

    c.   Dasar Konsolidasian                                     c.   Basis of Consolidation

         Laporan       keuangan        konsolidasian                  The     consolidated    financial   statements
         menggabungkan        laporan      keuangan                   incorporate the financial statements of the
         Perusahaan dan entitas yang dikendalikan                     Company and entities controlled by the
         oleh    Perusahaan   dan    entitas   anak.                  Company and its subsidiaries. Control is
         Pengendalian tercapai jika Perusahaan                        achieved where the Company has the power
         memiliki kekuasaan atas investee; eksposur                   over the investee; is exposed, or has rights, to
         atau hak atas imbal hasil variabel dari                      variable returns from its involvement with the
         keterlibatannya dengan investee; dan                         investee; and has the ability to use its power
         kemampuan         untuk      menggunakan                     to affect its returns.
         kekuasaannya     atas    investee     untuk
         mempengaruhi jumlah imbal hasil investor.

         Perusahaan    menilai   kembali     apakah                   The Company reassesses whether or not it
         Perusahaan mengendalikan investee jika                       controls an investee if facts and circumstances
         fakta dan keadaan mengindikasikan adanya                     indicate that there are changes to one or more
         perubahan terhadap satu atau lebih dari tiga                 of the three elements of control listed above.
         elemen pengendalian yang disebutkan di atas.

         Ketika Perusahaan memiliki hak suara                         When the Company has less than a majority of
         kurang dari mayoritas di investee, ia                        the voting rights of an investee, it has power
         memiliki kekuasaan atas investee ketika hak                  over the investee when the voting rights are
         suara cukup untuk memberinya kemampuan                       sufficient to give it the practical ability to direct
         praktis    untuk    mengarahkan    aktivitas                 the relevant activities of the investee
         relevan     secara    sepihak.  Perusahaan                   unilaterally. The Company considers all
         mempertimbangkan seluruh fakta dan                           relevant facts and circumstances in assessing
         keadaan yang relevan dalam menilai apakah                    whether or not the Company’s voting rights in
         hak    suara    Perusahaan cukup      untuk                  an investee are sufficient to give it power,
         memberikan        Perusahaan    kekuasaan,                   including (i) the size of the Company’s holding
         termasuk (i) ukuran kepemilikan hak suara                    of voting rights relative to the size and
         Perusahaan relatif terhadap ukuran dan                       dispersion of holding of the other vote holders;
         penyebaran kepemilikan pemilik hak suara                     (ii) potential voting rights held by the
         lain; (ii) hak suara potensial yang dimiliki                 Company, other vote holders or other parties;
         oleh Perusahaan, pemegang suara lain atau                    (iii) rights arising from other contractual
         pihak lain; (iii) hak yang timbul dari                       arrangements; and (iv) any additional facts
         pengaturan kontraktual lain; dan (iv) setiap                 and circumstances that indicate that the
         fakta dan keadaan tambahan apapun yang                       Company has, or does not have, the current
         mengindikasikan        bahwa    Perusahaan                   ability to direct the relevant activities at the
         memiliki, atau tidak memiliki, kemampuan                     time that decisions need to be made, including
         kini untuk mengarahkan aktivitas yang                        voting patterns at previous shareholders’
         relevan pada saat keputusan perlu dibuat,                    meetings.
         termasuk pola pemilikan suara dalam RUPS
         sebelumnya.

         Konsolidasi entitas anak dimulai ketika                      Consolidation of a subsidiary begins when the
         Perusahaan memperoleh pengendalian atas                      Company obtains control over the subsidiary
         entitas anak dan akan dihentikan ketika                      and ceases when the Company loses control of
         Perusahaan kehilangan pengendalian pada                      the subsidiary. Specifically, income and
         entitas anak. Secara khusus, pendapatan                      expense of a subsidiary acquired or disposed
         dan beban entitas anak yang diakuisisi atau                  of during the year are included in the
         dijual selama tahun berjalan termasuk                        consolidated statement of profit or loss and
         dalam laporan laba rugi dan penghasilan                      other comprehensive income from the date the
         komprehensif lain konsolidasian dari tanggal                 Company gains control until the date when the
         diperolehnya    pengendalian    Perusahaan                   Company ceases to control the subsidiary.
         sampai tanggal ketika Perusahaan berhenti
         untuk mengendalikan entitas anak.

                                                        - 20 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Jika   diperlukan,    penyesuaian    dapat                      When necessary, adjustments are made to
         dilakukan terhadap laporan keuangan entitas                     the financial statements of subsidiaries to
         anak agar kebijakan akuntansi sesuai                            bring their accounting policies in line with the
         dengan kebijakan akuntansi Grup.                                Group’s accounting policies.

         Seluruh aset dan liabilitas dalam intra Grup,                   All intragroup assets and liabilities, equity,
         ekuitas, pendapatan, beban dan arus kas                         income, expenses and cash flows relating to
         yang berkaitan dengan transaksi dalam Grup                      transactions between members of the Group
         dieliminasi  secara     penuh    pada    saat                   are eliminated in full on consolidation.
         konsolidasian.

         Kepentingan nonpengendali di entitas anak                       Non-controlling interests in subsidiaries are
         diidentifikasi secara terpisah dari ekuitas                     identified separately from the Group’s equity
         Grup yang ada. Kepentingan pemegang                             therein. Those interests of non-controlling
         saham nonpengendali yang merupakan                              stockholders that are present ownership
         kepentingan kepemilikan yang memberikan                         interests entitling their holders to a
         pemiliknya hak terhadap bagian proporsional                     proportionate share of net assets upon
         aset bersih pada saat likuidasi pada awalnya                    liquidation may initially be measured at fair
         dapat diukur sebesar nilai wajar atau bagian                    value or at the non-controlling interests
         proporsional kepentingan nonpengendali                          proportionate share of the fair value of the
         atas nilai wajar aset bersih teridentifikasi                    acquiree’s identifiable net assets. The choice
         pihak yang diakuisisi. Pilihan pengukuran                       of measurement is made on an acquisition-
         dibuat     untuk   masing-masing     akuisisi.                  by-acquisition basis. Other non-controlling
         Kepentingan nonpengendali lain awalnya                          interests are initially measured at fair value.
         diukur sebesar nilai wajar. Setelah akuisisi,                   Subsequent to acquisition, the carrying
         jumlah tercatat kepentingan nonpengendali                       amount of non-controlling interests is the
         adalah jumlah kepentingan tersebut pada                         amount of those interests at initial
         pengakuan        awal    ditambah     bagian                    recognition plus the non-controlling interests
         kepentingan nonpengendali dari perubahan                        share of subsequent changes in equity.
         selanjutnya di ekuitas.

         Laba atau rugi dan setiap komponen                              Profit or loss and each component of other
         penghasilan komprehensif lain diatribusikan                     comprehensive income are attributed to the
         kepada pemilik entitas induk dan kepada                         owners of the Company and to the non-
         kepentingan      nonpengendali.       Jumlah                    controlling interests. Total comprehensive
         penghasilan komprehensif entitas anak                           income of subsidiaries is attributed to the
         diatribusikan kepada pemilik entitas induk                      owners of the Company and the non-
         dan kepentingan nonpengendali meskipun                          controlling interests even if this results in the
         hal tersebut mengakibatkan kepentingan
                                                                         non-controlling interests having a deficit
         nonpengendali memiliki saldo defisit.
                                                                         balance.

         Perubahan kepemilikan Grup pada entitas                         Changes in the Group’s ownership interest in
         anak yang tidak mengakibatkan kehilangan                        existing subsidiaries that do not result in the
         pengendalian Grup atas entitas anak dicatat                     Group losing control over the subsidiaries
         sebagai transaksi ekuitas. Jumlah tercatat                      are accounted for as equity transactions. The
         dari kepemilikan Grup dan kepentingan                           carrying amounts of the Group’s interest and
         nonpengendali        disesuaikan        untuk                   the non-controlling interests are adjusted to
         mencerminkan      perubahan     kepentingan                     reflect the changes in their relative interests
         relatifnya dalam entitas anak. Selisih antara                   in the subsidiaries. Any difference between
         jumlah tercatat kepentingan nonpengendali                       the amount by which the non-controlling
         yang disesuaikan dan nilai wajar imbalan                        interests are adjusted and the fair value of
         yang dibayar atau diterima diakui secara                        the consideration paid or received is
         langsung dalam ekuitas dan diatribusikan                        recognized directly in equity and attributed
         kepada pemilik entitas induk.                                   to the owners of the Company.

    d.   Kombinasi Bisnis                                           d.   Business Combinations

         Akuisisi bisnis dicatat dengan menggunakan                      Acquisitions of businesses are accounted for
         metode akuisisi. Imbalan yang dialihkan                         using     the    acquisition  method.     The
         dalam suatu kombinasi bisnis diukur pada                        consideration transferred in a business
         nilai wajar, yang dihitung sebagai hasil                        combination is measured at fair value, which
         penjumlahan dari nilai wajar tanggal akuisisi                   is calculated as the sum of the acquisition-
         atas seluruh aset yang dialihkan oleh Grup,                     date fair values of the assets transferred by
         liabilitas yang diakui oleh Grup kepada                         the Group, liabilities incurred by the Group
         pemilik sebelumnya dari pihak yang                              to the former owners of the acquiree, and
         diakuisisi dan kepentingan ekuitas yang                         the equity interests issued by the Group in
         diterbitkan oleh Grup dalam pertukaran                          exchange for control of the acquiree.
         pengendalian dari pihak yang diakuisisi.                        Acquisition-related costs are recognized in
         Biaya-biaya terkait akuisisi diakui di dalam                    profit or loss as incurred.
         laba rugi pada saat terjadinya.



                                                          - 21 -
Page 240
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


        Pada tanggal akuisisi, aset teridentifikasi                      At the acquisition date, the identifiable
        yang diperoleh dan liabilitas yang diambil alih                  assets acquired and the liabilities assumed
        diakui pada nilai wajar, kecuali untuk aset                      are recognized at their fair value, except for
        atau liabilitas pajak tangguhan yang                             deferred tax assets or liabilities and assets
        berkaitan dengan pengaturan imbalan kerja                        or liabilities related to employee benefit
        diakui    dan     diukur       masing-masing                     arrangements are recognized and measured
        berdasarkan PSAK 212 Pajak Penghasilan                           in accordance with PSAK 212 Income Taxes
        (PSAK 212) dan PSAK 219 Imbalan Kerja                            (PSAK 212) and PSAK 219 Employee
        (PSAK 219).                                                      Benefits (PSAK 219).

        Goodwill diukur sebagai selisih lebih dari nilai                 Goodwill is measured as the excess of the
        gabungan dari imbalan yang dialihkan,                            sum of the consideration transferred, the
        jumlah setiap kepentingan nonpengendali                          amount of any non-controlling interests in
        pada pihak diakuisisi dan nilai wajar pada                       the acquiree, and the fair value of the
        tanggal akuisisi kepentingan ekuitas yang                        acquirer’s previously held equity interest in
        sebelumnya dimiliki oleh pihak pengakuisisi                      the acquire (if any) over the net of the
        pada pihak diakuisisi (jika ada) atas jumlah                     acquisition-date amounts of the identifiable
        neto dari aset teridentifikasi yang diperoleh                    assets acquired and the liabilities assumed.
        dan liabilitas yang diambil alih pada tanggal                    If, after the reassessment, the net of the
        akuisisi. Jika, setelah penilaian kembali,                       acquisition-date amounts of the identifiable
        jumlah neto dari aset teridentifikasi yang                       assets acquired and liabilities assumed
        diperoleh dan liabilitas yang diambil alih pada                  exceeds the sum of the consideration
        tanggal akuisisi melebihi jumlah imbalan                         transferred, the amount of any non-
        yang     dialihkan,    jumlah    dari     setiap                 controlling interests in the acquiree and the
        kepentingan nonpengendali pada pihak                             fair value of the acquirer’s previously held
        diakuisisi dan nilai wajar pada tanggal                          interest in the acquiree (if any), the excess
        akuisisi     kepentingan      ekuitas      yang                  is recognized immediately in profit or loss as
        sebelumnya dimiliki oleh pihak pengakuisisi                      a gain from bargain purchase.
        pada pihak diakuisisi (jika ada), selisih lebih
        tersebut diakui segera dalam laba rugi
        sebagai keuntungan pembelian dengan
        diskon.

        Bila imbalan yang dialihkan oleh Grup dalam                      When the consideration transferred by the
        suatu kombinasi bisnis termasuk aset atau                        Group in a business combination includes
        liabilitas yang berasal dari pengaturan                          assets or liabilities resulting from a
        imbalan kontinjen (contingent consideration                      contingent consideration arrangement, the
        arrangement), imbalan kontinjen tersebut                         contingent consideration is measured at its
        diukur pada nilai wajar pada tanggal                             acquisition date fair value and included as
        akuisisi dan termasuk sebagai bagian dari                        part of the consideration transferred in a
        imbalan yang dialihkan dalam suatu                               business combination.
        kombinasi bisnis.

        Perubahan dalam nilai wajar atas imbalan                         Changes in the fair value of the contingent
        kontinjen yang memenuhi syarat sebagai                           consideration that qualify as measurement
        penyesuaian       periode      pengukuran                        period      adjustments      are    adjusted
        disesuaikan secara retrospektif, dengan                          retrospectively,     with      corresponding
        penyesuaian terkait terhadap goodwill.                           adjustments against goodwill. Measurement
        Penyesuaian periode pengukuran adalah                            period adjustments are adjustments that
        penyesuaian yang berasal dari informasi                          arise from additional information obtained
        tambahan yang diperoleh selama periode                           during the measurement period (which
        pengukuran (yang tidak melebihi satu tahun                       cannot exceed one year from the acquisition
        sejak tanggal akuisisi) tentang fakta-fakta                      date) about facts and circumstances that
        dan kondisi yang ada pada tanggal akuisisi.                      existed at the acquisition date.

        Perlakuan akuntansi selanjutnya untuk                            The subsequent accounting for changes in
        perubahan      nilai   wajar    dari   imbalan                   the fair value of the contingent consideration
        kontinjensi yang tidak memenuhi syarat                           that do not qualify as measurement period
        sebagai penyesuaian periode pengukuran                           adjustments depends on how the contingent
        tergantung     pada      bagaimana     imbalan                   consideration is classified. Contingent
        kontinjensi      diklasifikasikan.     Imbalan                   consideration that is classified as equity is
        kontinjensi yang diklasifikasikan sebagai                        not remeasured at subsequent reporting
        ekuitas tidak diukur kembali pada setiap                         dates and its subsequent settlement is
        tanggal     pelaporan      dan     penyelesaian                  accounted      for   within   equity.   Other
        selanjutnya diperhitungkan dalam ekuitas.                        contingent consideration is remeasured to
        Imbalan kontinjensi lain diukur ulang ke nilai                   fair value at subsequent reporting dates with
        wajar pada tanggal pelaporan selanjutnya                         changes in fair value recognized in profit or
        dengan perubahan nilai wajar diakui di laba                      loss.
        rugi.




                                                           - 22 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


        Jika akuntansi awal untuk kombinasi bisnis                       If the initial accounting for a business
        belum selesai pada akhir periode pelaporan                       combination is incomplete by the end of the
        saat kombinasi terjadi, Grup melaporkan                          reporting period in which the combination
        jumlah sementara untuk pos-pos yang                              occurs, the Group reports provisional
        proses akuntansinya belum selesai dalam                          amounts for the items for which the
        laporan keuangannya. Selama periode                              accounting is incomplete. Those provisional
        pengukuran     (lihat    di   atas),    pihak                    amounts      are    adjusted       during    the
        pengakuisisi menyesuaikan, aset atau                             measurement period (see above), or
        liabilitas tambahan yang diakui, untuk                           additional assets or liabilities are recognized,
        mencerminkan       informasi    baru     yang                    to reflect new information obtained about
        diperoleh tentang fakta dan keadaan yang                         facts and circumstances that existed as of
        ada pada tanggal akuisisi dan, jika diketahui,                   the acquisition date that, if known, would
        akan berdampak pada jumlah yang diakui                           have affected the amount recognized as of
        pada tanggal tersebut.                                           that date.

        Grup secara opsional dapat memilih                               The Group may elect on a transaction-by-
        berdasarkan transaksi demi transaksi untuk                       transaction basis to apply the optional
        menerapkan uji konsentrasi untuk menilai                         concentration test to assess whether a
        apakah suatu transaksi memenuhi syarat                           transaction qualifies as a business. Under the
        sebagai bisnis. Berdasarkan pengujian,                           test, when substantially all of the fair value of
        ketika secara substansial semua nilai wajar                      the gross assets acquired is concentrated in a
        dari aset bruto yang diperoleh terkonsentrasi                    single identifiable asset or a group of similar
        dalam satu aset yang dapat diidentifikasi                        identifiable assets, the Group will account for
        atau     sekelompok     aset    yang    dapat                    the transaction as an asset acquisition and
        diidentifikasi    serupa,     Grup       akan                    not a business combination.
        memperhitungkan        transaksi     tersebut
        sebagai akuisisi aset dan bukan kombinasi
        bisnis.

        Goodwill                                                         Goodwill

        Goodwill timbul atas akuisisi dari suatu bisnis                  Goodwill arising on an acquisition of a
        yang dicatat pada biaya perolehan yang                           business is carried at cost as established at
        ditetapkan pada tanggal akuisisi dari bisnis                     the date of acquisition of the business less
        tersebut dikurangi akumulasi penurunan                           accumulated impairment losses, if any.
        nilai, jika ada.

        Goodwill tidak diamortisasi tetapi direviu                       Goodwill is not amortized but is reviewed for
        untuk penurunan nilai setidaknya setiap                          impairment at least annually. For the
        tahun. Untuk tujuan uji penurunan nilai,                         purpose of impairment testing, goodwill is
        goodwill dialokasikan pada setiap unit                           allocated to each of the Group’s cash-
        penghasil kas dari Grup (atau kelompok unit                      generating units (or group of cash-
        penghasil      kas)      yang     diperkirakan                   generating units) expected to benefit from
        memberikan manfaat dari sinergi kombinasi                        the synergies of the combination. A cash-
        bisnis tersebut. Unit penghasil kas yang telah                   generating unit to which goodwill has been
        memperoleh alokasi goodwill diuji penurunan                      allocated is tested for impairment annually,
        nilainya setiap tahun, atau lebih sering jika                    or more frequently when there is an
        terdapat indikasi bahwa unit penghasil kas                       indication that the unit may be impaired. If
        tersebut mungkin mengalami penurunan                             the recoverable amount of the cash-
        nilai. Jika jumlah terpulihkan dari unit                         generating unit is less than its carrying
        penghasil     kas     kurang    dari    jumlah                   amount, the impairment loss is allocated first
        tercatatnya,      rugi     penurunan       nilai                 to reduce the carrying amount of any
        dialokasikan pertama kali untuk mengurangi                       goodwill allocated to the unit and then to the
        jumlah tercatat atas setiap goodwill yang                        other assets of the unit pro-rata on the basis
        dialokasikan pada unit penghasil kas dan                         of the carrying amount of each asset in the
        kemudian ke aset lain dari unit penghasil kas                    unit. Any impairment loss for goodwill is
        secara prorata berdasarkan jumlah tercatat                       recognized directly in profit or loss in the
        dari setiap aset dalam unit penghasil kas                        consolidated statement of profit or loss and
        tersebut. Setiap kerugian penurunan nilai                        other comprehensive income. An impairment
        goodwill diakui secara langsung dalam laba                       loss recognized for goodwill is not reversed
        rugi pada laporan laba rugi dan penghasilan                      in subsequent periods.
        komprehensif      lain   konsolidasian.   Rugi
        penurunan nilai yang diakui atas goodwill
        tidak dapat dibalik pada periode berikutnya




                                                           - 23 -
Page 242
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Kebijakan Grup atas goodwill yang timbul                        The Group’s policy for goodwill arising on the
         dari akuisisi entitas asosiasi dijelaskan pada                  acquisition of an associate is described in
         Catatan 3j.                                                     Note 3j.

         Apabila goodwill merupakan bagian dari unit                     If the goodwill is part of cash generating unit
         penghasil kas dan bagian dari operasi di                        and part of discontinued operation inside
         dalam      unit    penghasil   kas    tersebut                  those cash generating unit, the goodwill with
         dihentikan, goodwill dengan operasi yang                        discontinued operation recorded under
         dihentikan      dimasukkan    dalam     jumlah                  operation book value when determine gain
         tercatat      operasi    saat     menentukan                    or loss from discontinued operation. Disposal
         keuntungan atau kerugian dari penghentian                       goodwill in this situation measured at fair
         operasi. Goodwill yang dihentikan dalam                         value from discontinued operation and
         keadaan ini diukur berdasarkan nilai wajar                      operating cash generating unit portion.
         relatif dari operasi yang dihentikan dan porsi
         unit penghasil kas yang dipertahankan.

    e.   Kombinasi Bisnis Entitas Sepengendali                      e.   Business Combination under Common
                                                                         Control

         Kombinasi bisnis entitas sepengendali dicatat                   Business combination of entities under
         dengan menggunakan metode penyatuan                             common control that qualifies as a business
         kepemilikan dimana aset dan liabilitas yang                     is accounted for under pooling-of-interest
         diperoleh dari kombinasi bisnis dicatat oleh                    method where assets and liabilities acquired
         pengakuisisi pada jumlah tercatatnya.                           in the business combination are recorded by
                                                                         the acquirer at their book values.

         Selisih antara jumlah imbalan yang dialihkan                    The difference between the transfer price
         dan jumlah tercatat disajikan sebagai bagian                    and the book value is presented as an item
         dari “tambahan modal disetor” dan tidak                         of “additional paid-in capital” and is not
         direklasifikasi ke laba rugi ketika hilang                      recycled to profit or loss when control is lost.
         sepengendalian.

         Metode penyatuan kepemilikan diterapkan                         The pooling-of-interest method is applied as
         seolah-olah entitas telah bergabung sejak                       if the entities had been combined from the
         periode dimana entitas yang bergabung                           period when the merging entities were
         berada dalam sepengendalian.                                    placed under common control.

    f.   Transaksi dan Penjabaran Laporan                           f.   Foreign Currency         Transactions      and
         Keuangan Dalam Mata Uang Asing                                  Balances

         Laporan keuangan individu masing-masing                         The individual financial statements of each
         entitas Grup diukur dan disajikan dalam                         Group entity are measured and presented in
         mata uang dari lingkungan ekonomi utama                         the currency of the primary economic
         dimana entitas beroperasi (mata uang                            environment in which the entity operates (its
         fungsional). Laporan keuangan konsolidasian                     functional currency). The consolidated
         dari Grup disajikan dalam mata uang Dolar                       financial statements of the Group are
         Amerika Serikat (“US$”) yang merupakan                          presented in U.S Dollar (“US$”), which is the
         mata uang fungsional Perusahaan dan mata                        functional currency of the Company and the
         uang penyajian untuk laporan keuangan                           presentation currency for the consolidated
         konsolidasian.                                                  financial statements.

         Dalam penyusunan laporan keuangan entitas                       In preparing the financial statements of each
         Grup, transaksi dalam mata uang selain                          Group entities, transactions in currencies
         mata uang fungsional entitas (mata uang                         other than the entity’s functional currency
         asing) diakui pada kurs yang berlaku pada                       (foreign currencies) are recognized at the
         tanggal transaksi. Pada setiap akhir periode                    rates of exchange prevailing at the dates of
         pelaporan, pos moneter dalam valuta asing                       the transactions. At the end of each reporting
         dijabarkan kembali pada kurs yang berlaku                       period, monetary items denominated in
         pada tanggal tersebut. Pos nonmoneter yang                      foreign currencies are retranslated at the
         diukur dalam biaya historis dalam valuta                        rates prevailing at that date. Non-monetary
         asing tidak dijabarkan kembali.                                 items that are measured in terms of
                                                                         historical cost in a foreign currency are not
                                                                         retranslated.




                                                          - 24 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


         Pembukuan        RPU,    CIP    dan     KSE                      The books of accounts of RPU, CIP and KSE
         diselenggarakan dalam Rupiah, mata uang                          are maintained in Indonesian Rupiah, its
         fungsionalnya. Untuk tujuan penyajian                            functional currency. For the purposes of
         laporan keuangan konsolidasian, aset dan                         presenting these consolidated financial
         liabilitas RPU, CIP dan KSE dijabarkan ke                        statements, the assets and liabilities of RPU,
         dalam US$ dengan menggunakan kurs yang                           CIP and KSE are translated into US$ using
         berlaku pada akhir periode pelaporan. Pos                        exchange rates prevailing at the end of each
         penghasilan      dan    beban    dijabarkan                      reporting period. Income and expense items
         menggunakan kurs rata-rata untuk periode                         are translated at the average exchange rates
         tersebut, kecuali kurs berfluktuasi secara                       for the period, unless exchange rates
         signifikan selama periode tersebut, dalam                        fluctuate significantly during that period, in
         hal ini kurs yang berlaku pada tanggal                           which case the exchange rates at the dates
         transaksi yang digunakan. Selisih kurs yang                      of the transactions are used. Exchange
         timbul      diakui    dalam     penghasilan                      differences arising, if any, are recognized in
         komprehensif lain dan diakumulasi dalam                          other     comprehensive        income      and
         ekuitas (dan diatribusikan pada kepentingan                      accumulated in equity (and attributed to
         nonpengendali).                                                  non-controlling interests as appropriate).

         Pada konsolidasi, selisih kurs yang berasal                      On consolidation, exchange differences
         dari penjabaran atas investasi bersih entitas                    arising from the translation of the net
         luar negeri (termasuk pos-pos moneter yang                       investment in foreign entities (including
         secara     substansi   membentuk      bagian                     monetary items that, in substance, form part
         investasi bersih entitas luar negeri) diakui                     of the net investment in foreign entities) are
         dalam penghasilan komprehensif lain dan                          recognized in other comprehensive income
         diakumulasikan dalam komponen ekuitas                            and accumulated in a separate component of
         yang terpisah di bawah judul “komponen                           equity under the header of “other equity
         ekuitas lainnya”.                                                component”.

         Goodwill dan penyesuaian nilai wajar yang                        Goodwill and fair value adjustments arising
         timbul dari akuisisi dari kegiatan usaha luar                    on the acquisition of a foreign operation are
         negeri diperlakukan sebagai aset dan                             treated as assets and liabilities of the foreign
         liabilitas dari kegiatan usaha luar negeri dan                   operation and translated at the closing rate.
         dijabarkan pada kurs tutup buku. Selisih kurs                    Exchange differences arising are recognized
         yang timbul diakui pada penghasilan                              in other comprehensive income.
         komprehensif lain.

    g.   Transaksi Pihak-pihak Berelasi                              g.   Transactions with Related Parties

         Pihak-pihak berelasi adalah orang atau                           A related party is a person or entity that is
         entitas yang terkait dengan Grup (entitas                        related to the Group (the reporting entity):
         pelapor):

         a.   Orang atau anggota keluarga dekatnya                        a.   A person or a close member of that
              mempunyai      relasi  dengan entitas                            person's family is related to the
              pelapor jika orang tersebut:                                     reporting entity if that person:

              i.     memiliki    pengendalian    atau                          i.     has control or joint control over the
                     pengendalian bersama atas entitas                                reporting entity;
                     pelapor;

              ii.    memiliki pengaruh signifikan atas                         ii.    has significant influence over the
                     entitas pelapor; atau                                            reporting entity; or

              iii.   merupakan personil manajemen                              iii.   is  a    member       of   the    key
                     kunci entitas pelapor atau entitas                               management personnel of the
                     induk dari entitas pelapor.                                      reporting entity or of a parent of the
                                                                                      reporting entity.

         b.   Suatu entitas berelasi dengan entitas                       b.   An entity is related to the reporting
              pelapor jika memenuhi salah satu hal                             entity if any of the following conditions
              berikut:                                                         applies:

              i.     Entitas dan entitas pelapor adalah                        i.     The entity, and the reporting entity
                     anggota dari kelompok usaha yang                                 are members of the same group
                     sama (artinya entitas induk, entitas                             (which means that each parent,
                     anak, dan sesama entitas anak                                    subsidiary and fellow subsidiary is
                     saling berelasi dengan entitas                                   related to the others).
                     lainnya).




                                                            - 25 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


             ii.    Satu entitas adalah entitas asosiasi                       ii.   One entity is an associate or joint
                    atau ventura bersama dari entitas                                venture of the other entity (or an
                    lain (atau entitas asosiasi atau                                 associate or joint venture of a
                    ventura bersama yang merupakan                                   member of a group of which the
                    anggota suatu kelompok usaha,                                    other entity is a member).
                    yang mana entitas lain tersebut
                    adalah anggotanya).

             iii.   Kedua entitas tersebut adalah                              iii. Both entities are joint ventures of
                    ventura bersama dari pihak ketiga                               the same third party.
                    yang sama.

             iv. Satu    entitas    adalah     ventura                         iv. One entity is a joint venture of a
                 bersama dari entitas ketiga dan                                   third entity and the other entity is
                 entitas yang lain adalah entitas                                  an associate of the third entity.
                 asosiasi dari entitas ketiga.

             v.     Entitas tersebut adalah suatu                              v.    The entity is a post-employment
                    program imbalan pasca kerja untuk                                benefit plan for the benefit of
                    imbalan kerja dari salah satu entitas                            employees of either the reporting
                    pelapor atau entitas yang terkait                                entity, or an entity related to the
                    dengan entitas pelapor. Jika entitas                             reporting entity. If the reporting
                    pelapor    adalah    entitas    yang                             entity is itself such a plan, the
                    menyelenggarakan            program                              sponsoring employers are also
                    tersebut, maka entitas sponsor juga                              related to the reporting entity.
                    berelasi dengan entitas pelapor.

             vi. Entitas yang dikendalikan atau                                vi. The entity is controlled or jointly
                 dikendalikan bersama oleh orang                                   controlled by a person identified in
                 yang diidentifikasi dalam huruf (a).                              (a).

             vii. Orang yang diidentifikasi dalam                              vii. A person identified in (a) (i) has
                  huruf (a) (i) memiliki pengaruh                                   significant influence over the entity
                  signifikan     atas entitas  atau                                 or is a member of the key
                  merupakan personil manajemen                                      management personnel of the
                  kunci entitas (atau entitas induk                                 entity (or a parent of the entity).
                  dari entitas).

             viii. Entitas, atau anggota dari kelompok                         viii. The entity, or any member of a
                   yang mana entitas merupakan                                       group of which it is a part, provides
                   bagian dari kelompok tersebut,                                    key     management         personnel
                   menyediakan        jasa      personil                             services to the reporting entity or to
                   manajemen kunci kepada entitas                                    the parent of the reporting entity.
                   pelapor atau kepada entitas induk
                   dari entitas pelapor.

         Transaksi signifikan yang dilakukan dengan                        Significant transactions with related parties
         pihak-pihak berelasi diungkapkan pada                             are disclosed in the consolidated financial
         laporan keuangan konsolidasian.                                   statements.

    h.   Instrumen Keuangan                                           h.   Financial Instruments

         Aset keuangan dan liabilitas keuangan diakui                      Financial assets and financial liabilities are
         pada laporan posisi keuangan konsolidasian                        recognized on the consolidated statement of
         pada saat Grup menjadi salah satu pihak                           financial position when the Group becomes a
         dalam ketentuan kontraktual instrumen                             party to the contractual provisions of the
         tersebut.                                                         instrument.

         Aset keuangan dan liabilitas keuangan pada                        Financial assets and financial liabilities are
         awalnya diukur pada nilai wajar. Biaya                            initially measured at fair value. Transaction
         transaksi yang dapat diatribusikan secara                         costs that are directly attributable to the
         langsung dengan perolehan atau penerbitan                         acquisition or issue of financial assets and
         aset keuangan dan liabilitas keuangan                             financial liabilities are added to or deducted
         ditambahkan atau dikurangkan dari nilai                           from the fair value of the financial assets and
         wajar aset keuangan dan liabilitas keuangan,                      financial liabilities, as appropriate, on initial
         jika diperlukan, pada pengakuan awal. Biaya                       recognition. Transaction costs directly
         transaksi yang dapat diatribusikan secara                         attributable to the acquisition of financial
         langsung dengan perolehan aset keuangan                           assets or financial liabilities at fair value
         dan liabilitas keuangan pada nilai wajar                          through profit or loss are recognized
         melalui laba rugi diakui langsung pada laba                       immediately in profit or loss.
         rugi.




                                                            - 26 -
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PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


        Semua pembelian atau penjualan reguler                          All regular way purchases or sales of financial
        aset keuangan diakui dan dihentikan                             assets are recognized and derecognized on a
        pengakuannya       berdasarkan    tanggal                       trade date basis. Regular way purchases or
        perdagangan. Pembelian atau penjualan                           sales are purchases or sales of financial
        reguler adalah pembelian atau penjualan                         assets that require delivery of assets within
        aset    keuangan      yang     memerlukan                       the time frame established by regulation or
        penyerahan aset dalam jangka waktu yang                         convention in the marketplace.
        ditetapkan oleh peraturan atau konvensi di
        pasar.

        Semua     aset   keuangan    yang    diakui                     All recognized financial assets are measured
        selanjutnya diukur secara keseluruhan pada                      subsequently in their entirety at either
        biaya perolehan yang diamortisasi atau nilai                    amortized cost or fair value, depending on
        wajar, tergantung pada klasifikasi aset                         the classification of the financial assets.
        keuangan tersebut.

        Klasifikasi aset keuangan                                       Classification of financial assets

        Instrumen     utang     yang     memenuhi                       Debt instruments that meet the following
        persyaratan berikut selanjutnya diukur pada                     conditions are subsequently measured at
        biaya perolehan diamortisasi:                                   amortized cost:

        •   aset keuangan dikelola dalam model yang                     •    the financial asset is held within a
            bertujuan untuk memiliki aset keuangan                           business model whose objective is to hold
            dalam rangka mendapatkan arus kas                                financial assets in order to collect
            kontraktual; dan                                                 contractual cash flows; and

        •   persyaratan    kontraktual  dari  aset                      •    the contractual terms of the financial
            keuangan menghasilkan arus kas pada                              asset give rise on specified dates to cash
            tanggal tertentu yang semata-mata dari                           flows that are solely payments of
            pembayaran pokok dan bunga (“SPPI”)                              principal and interest (“SPPI”) on the
            dari jumlah pokok terutang.                                      principal amount outstanding.

        Instrumen utang selanjutnya diukur pada                     Debt instruments that meet the following
        nilai wajar melalui penghasilan komprehensif                conditions are subsequently measured at fair
        lain (“FVTOCI”), jika memenuhi kedua                        value through other comprehensive income
        kondisi berikut ini:                                        (“FVTOCI”):

        •   aset keuangan dikelola dalam model                      •       the financial asset is held within a business
            bisnis yang tujuannya akan tercapai                             model whose objective is achieved by both
            dengan     mendapatkan     arus    kas                          collecting contractual cash flows and
            kontraktual dan menjual aset keuangan;                          selling the financial assets; and
            dan
                                                                    •       the contractual terms of the financial asset
        •   persyaratan    kontraktual  dari  aset                          give rise on specified dates to cash flows
            keuangan menghasilkan arus kas pada                             that are solely payments of principal and
            tanggal tertentu yang semata-mata dari                          interest   on    the   principal    amount
            pembayaran pokok dan bunga dari                                 outstanding.
            jumlah pokok terutang.

        Seluruh aset keuangan lain selanjutnya                      By default, all other financial assets are
        diukur pada nilai wajar melalui laba rugi                   subsequently measured at fair value through
        (“FVTPL”).                                                  profit or loss (“FVTPL”).

        Meskipun telah disebutkan sebelumnya,                       Despite the foregoing, the Group may make
        Grup    dapat   menetapkan   pilihan  tak                   the following irrevocable election/designation
        terbatalkan pada saat pengakuan awal aset                   at initial recognition of a financial asset:
        keuangan sebagai berikut:

        •   menyajikan perubahan selanjutnya nilai                  •       irrevocably elect to present subsequent
            wajar investasi pada instrumen ekuitas                          changes in fair value of an equity
            dalam penghasilan komprehensif lain jika                        investment in other comprehensive
            kriteria tertentu dipenuhi (lihat di                            income if certain criteria are met (see
            bawah); dan                                                     below); and




                                                       - 27 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


        •   menetapkan      aset    keuangan   yang                     •     irrevocably designate a debt investment
            memenuhi kriteria biaya perolehan                                 that meets the amortized cost or FVTOCI
            diamortisasi atau FVTOCI sebagai diukur                           criteria as measured at FVTPL if doing so
            pada     FVTPL,   jika   penetapan     itu                        eliminates or significantly reduces an
            mengeliminasi atau mengurangi secara                              accounting mismatch (see below).
            signifikan inkonsistensi pengukuran dan
            pengakuan (inkonsistensi akutansi) (lihat
            di bawah).

        Biaya perolehan diamortisasi dan metode                             Amortized cost and effective interest method
        suku bunga efektif

        Metode suku bunga efektif adalah metode                             The effective interest method is a method of
        yang digunakan dalam menghitung biaya                               calculating the amortized cost of a debt
        perolehan instrumen utang dan dalam                                 instrument and of allocating interest income
        pengalokasian pendapatan bunga selama                               over the relevant period.
        periode yang relevan.

        Untuk instrumen keuangan selain yang dibeli                         For financial instruments other than
        atau berasal dari aset keuangan memburuk,                           purchased or originated credit-impaired
        suku bunga efektif adalah tingkat suku                              financial assets, the effective interest rate is
        bunga yang secara tepat mendiskontokan                              the rate that exactly discounts estimated
        penerimaan kas masa depan (termasuk                                 future cash receipts (including all fees and
        semua biaya dan poin yang dibayarkan atau                           points paid or received that form an integral
        diterima yang merupakan bagian yang tidak                           part of the effective interest rate, transaction
        terpisahkan dari suku bunga efektif, biaya                          costs and other premiums or discounts)
        transaksi dan premi atau diskon lainnya)                            excluding expected credit losses, through the
        tidak termasuk kerugian kredit ekspektasian,                        expected life of the debt instrument, or,
        melalui umur ekspektasian dari instrumen                            where appropriate, a shorter period, to the
        utang, atau, jika tepat, periode yang lebih                         gross carrying amount of the debt
        pendek, ke jumlah tercatat bruto instrumen                          instrument on initial recognition. For
        utang pada saat pengakuan awal. Untuk aset                          purchased or originated credit-impaired
        keuangan yang dibeli atau yang berasal dari                         financial assets, a credit adjusted effective
        aset keuangan memburuk, suku bunga                                  interest rate is calculated by discounting the
        efektif yang disesuaikan dengan risiko kredit                       estimated future cash flows, including
        dihitung dengan mendiskontokan estimasi                             expected credit losses, to the amortized cost
        arus kas masa depan, termasuk estimasi                              of the debt instrument on initial recognition.
        kerugian kredit, ke biaya perolehan
        diamortisasi     instrumen    utang     pada
        pengakuan awal.

        Biaya perolehan diamortisasi dari aset                              The amortized cost of a financial asset is the
        keuangan adalah nilai aset keuangan yang                            amount at which the financial asset is
        diukur pada saat pengakuan awal dikurangi                           measured at initial recognition minus the
        pembayaran pokok, ditambah amortisasi                               principal repayments, plus the cumulative
        kumulatif menggunakan metode suku bunga                             amortization using the effective interest
        efektif dari selisih antara nilai awal dan nilai                    method of any difference between that initial
        jatuh    temponya,      disesuaikan     dengan                      amount and the maturity amount, adjusted
        penyisihan kerugiannya. Di sisi lain, jumlah                        for any loss allowance. On the other hand,
        tercatat bruto aset keuangan adalah biaya                           the gross carrying amount of a financial asset
        perolehan diamortisasi dari aset keuangan                           is the amortized cost of a financial asset
        sebelum disesuaikan dengan penyisihan                               before adjusting for any loss allowance.
        kerugian.

        Bunga diakui dengan menggunakan metode                              Interest is recognized using the effective
        suku bunga efektif untuk instrumen utang                            interest method for debt instruments
        yang diukur selanjutnya pada biaya                                  measured subsequently at amortized cost,
        perolehan diamortisasi, kecuali untuk saldo                         except for short-term balances when the
        lancar ketika dampak diskonto tidak                                 effect of discounting is immaterial.
        material.

        Pendapatan bunga diakui dalam laba rugi                             Interest income is recognized in profit or loss
        dan dimasukkan dalam pos “pendapatan                                and is included in the "finance income" line
        keuangan”.                                                          item.




                                                           - 28 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


        Instrumen    utang    diklasifikasikan   pada                    Debt instruments classified as at FVTOCI
        FVTOCI

        Efek utang yang tercatat di bursa yang                           Listed debt securities held by the Group are
        dimiliki oleh Grup diklasifikasikan sebagai                      classified as at FVTOCI. Fair value is
        FVTOCI. Nilai wajar ditentukan dengan cara                       determined in the manner described in Note
        yang dijelaskan dalam Catatan 36. Efek                           36. The listed debt securities are initially
        utang yang tercatat di bursa pada awalnya                        measured at fair value plus transaction
        diukur pada nilai wajar ditambah dengan                          costs. Subsequently, changes in the carrying
        biaya transaksi. Selanjutnya, perubahan nilai                    amount of these listed debt securities as a
        tercatat pada efek utang yang tercatat di                        result of foreign exchange gains and losses,
        bursa    tersebut     sebagai   akibat     dari                  impairment gains or losses, and interest
        keuntungan dan kerugian selisih kurs,                            income calculated using the effective interest
        keuntungan atau kerugian penurunan nilai,                        method are recognized in profit or loss. The
        dan pendapatan bunga yang dihitung dengan                        amounts that are recognized in profit or loss
        menggunakan metode suku bunga efektif,                           are the same as the amounts that would
        diakui dalam laba rugi. Jumlah yang diakui                       have been recognized in profit or loss if these
        dalam laba rugi akan sama dengan jika efek                       listed debt securitires had been measured at
        utang yang tercatat di bursa ini diukur pada                     amortized cost. All other changes in the
        biaya    perolehan     diamortisasi.   Semua                     carrying amount of these listed debt
        perubahan lain dalam nilai tercatat dari efek                    securities     are   recognized    in     other
        utang yang tercatat di bursa diakui dalam                        comprehensive income and accumulated
        penghasilan      komprehensif     lain     dan                   under      the    heading   of   investments
        diakumulasikan dalam cadangan revaluasi                          revaluation reserve. When these listed debt
        investasi. Jika efek utang yang tercatat yang                    securities are derecognized, the cumulative
        terdaftar ini dihentikan pengakuannya,                           gains or losses previously recognized in other
        keuntungan atau kerugian kumulatif yang                          comprehensive income are reclassified to
        sebelumnya diakui dalam penghasilan                              profit or loss.
        komprehensif lain akan direklasifikasi ke laba
        rugi.

        Aset keuangan pada FVTPL                                         Financial assets at FVTPL

        Aset keuangan yang tidak memenuhi kriteria                       Financial assets that do not meet the criteria
        yang    diukur   pada   biaya   perolehan                        for being measured at amortized cost or
        diamortisasi atau FVTOCI (di atas) diukur                        FVTOCI (above) are measured at FVTPL,
        pada FVTPL, khususnya:                                           specifically:

        •   Investasi dalam instrumen ekuitas                            •   Investments in equity instruments are
            diklasifikasi sebagai FVTPL, kecuali Grup                        classified as at FVTPL, unless the Group
            menetapkan investasi ekuitas yang                                designate an equity investment that is
            dimiliki tidak untuk diperdagangkan dan                          neither held for trading nor a contingent
            bukan merupakan imbalan kontinjen dari                           consideration arising from a business
            kombinasi bisnis, sebagai FVTOCI pada                            combination as at FVTOCI on initial
            pengakuan awal.                                                  recognition.

        •   Instrumen utang yang tidak memenuhi                      •   •   Debt instruments that do not meet the
            kriteria biaya perolehan diamortisasi atau                       amortized cost criteria or the FVTOCI
            FVTOCI, diklasifikasi sebagai FVTPL.                             criteria are classified as at FVTPL. In
            Sebagai tambahan, aset keuangan yang                             addition, financial assets that meet either
            memenuhi kriteria biaya perolehan                                the amortized cost criteria or the FVTOCI
            diamortisasi      dan    FVTOCI     dapat                        criteria may be designated as at FVTPL
            ditetapkan sebagai FVTPL pada saat                               upon     initial  recognition    if   such
            pengakuan awal apabila penetapan                                 designation eliminates or significantly
            tersebut mengeliminasi atau mengurangi                           reduces a measurement or recognition
            secara        signifikan     inkonsistensi                       inconsistency (so called “accounting
            pengukuran dan pengakuan (yang                                   mismatch”) that would arise from
            disebut “inkonsistensi akuntansi”) yang                          measuring assets or liabilities or
            timbul dari pengukuran aset atau                                 recognising the gains and losses on them
            liabilitas atau pengakuan keuntungan                             on different bases.
            dan kerugian dengan basis berbeda.




                                                          - 29 -
Page 248
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


        Aset keuangan pada FVTPL diukur pada nilai                    Financial assets at FVTPL are measured at
        wajar pada setiap tanggal pelaporan, dengan                   fair value as at each reporting date, with any
        keuntungan atau kerugian nilai wajar diakui                   fair value gains or losses recognized in profit
        dalam laba rugi sepanjang bukan merupakan                     or loss to the extent they are not part of a
        bagian dari hubungan lindung nilai yang                       designated hedging relationship (see hedge
        ditetapkan. Keuntungan atau kerugian bersih                   accounting policy). The net gain or loss
        yang diakui dalam laba rugi termasuk dividen                  recognized in profit or loss includes any
        atau bunga yang diperoleh atas aset                           dividend or interest earned on the financial
        keuangan dan dimasukkan dalam pos                             asset and is included in the “finance income”
        “pendapatan     keuangan”.     Nilai   wajar                  line item. Fair value is determined in the
        ditentukan dengan cara yang dijelaskan                        manner described in Note 36.
        dalam Catatan 36.

        Reklasifikasi   atas   aset   keuangan   dan                  Reclassification   of   financial   assets   and
        liabilitas                                                    liabilities

        Grup tidak mereklasifikasi aset keuangan                      The Group does not reclassify its financial
        setelah pengakuan awal, selain dari kejadian                  assets subsequent to their initial recognition,
        luar biasa dimana terdapat perubahan model                    apart from the exceptional circumstances in
        bisnis. Liabilitas keuangan tidak pernah                      which there is a change in business model.
        diklasifikasi.                                                Financial liabilities are never classified.

        Keuntungan dan kerugian kurs mata uang                        Foreign exchange gains and losses
        asing

        Jumlah tercatat aset keuangan dalam mata                      The carrying amount of financial assets that
        uang asing ditentukan dalam mata uang                         are denominated in a foreign currency is
        tersebut    dan      dijabarkan   dengan                      determined in that foreign currency and
        menggunakan kurs spot pada setiap tanggal                     translated at the spot rate at the end of each
        pelaporan. Secara spesifik:                                   reporting period. Specifically:

        •   Untuk aset keuangan diukur pada biaya                     •   For financial assets measured at
            perolehan diamortisasi yang bukan                             amortized cost that are not part of a
            merupakan      bagian  dari hubungan                          designated         hedging      relationship,
            lindung nilai ditetapkan, selisih kurs                        exchange differences are recognized in
            diakui dalam laba rugi pada pos                               profit or loss in the “Gain (loss) on foreign
            “Keuntungan (kerugian) kurs mata uang                         exchange - net” line item;
            asing - bersih”;

        •   Untuk instrumen utang diukur pada                         •   For debt instruments measured at
            FVTOCI yang bukan merupakan bagian                            FVTOCI that are not part of a designated
            dari hubungan lindung nilai ditetapkan,                       hedging      relationship,     exchange
            selisih kurs atas biaya perolehan                             differences on the amortized cost of the
            diamortisasi dari instrumen hutang diakui                     debt instrument are recognized in profit
            dalam     laba       rugi   pada      pos                     or loss in the “Gain (loss) on foreign
            “Keuntungan (kerugian) kurs mata uang                         exchange - net” line item. Other
            asing - bersih”. Perbedaan nilai tukar                        exchange differences are recognized in
            lainnya   diakui      pada   keuntungan                       other comprehensive income in net fair
            (kerugian) nilai wajar bersih atas aset                       value gain (loss) on financial assets at
            keuangan yang diukur pada FVTOCI                              FVTOCI in other reserves.
            dalam cadangan lainnya.

        Lihat kebijakan akuntansi lindung nilai                       See hedge accounting policy regarding the
        mengenai pengakuan perbedaan nilai tukar                      recognition of exchange differences where
        dimana komponen risiko mata uang asing                        the foreign currency risk component of a
        dari aset keuangan ditetapkan sebagai                         financial asset is designated as a hedging
        instrumen lindung nilai untuk lindung nilai                   instrument for a hedge of foreign currency
        atas risiko mata uang asing.                                  risk.

        Penurunan nilai aset keuangan                                 Impairment of financial assets

        Grup mengakui penyisihan kerugian untuk                       The Group recognizes a loss allowance for
        kerugian kredit ekspektasian (“ECL”) atas                     expected credit losses (“ECL”) on trade and
        piutang usaha dan lain-lain. Nilai kerugian                   other accounts receivable. The amount of
        kredit ekspektasian diperbarui pada tanggal                   expected credit losses is updated at each
        pelaporan untuk mencerminkan perubahan                        reporting date to reflect changes in credit
        risiko kredit sejak pengakuan awal masing-                    risk since initial recognition of the respective
        masing instrumen keuangan.                                    financial instrument.



                                                        - 30 -
Page 249
PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


        Grup selalu mengakui ECL sepanjang umur                      The Group always recognizes lifetime ECL for
        untuk piutang usaha. Kerugian kredit                         trade accounts receivable. The expected
        ekspektasian atas aset keuangan diestimasi                   credit losses on these financial assets are
        menggunakan matriks provisi berdasarkan                      estimated using a provision matrix based on
        pengalaman kerugian kredit historis Grup,                    the Group’s historical credit loss experience,
        disesuaikan untuk faktor spesifik debitur,                   adjusted for factors that are specific to the
        kondisi ekonomi umum serta penilaian atas                    debtors, general economic conditions and an
        arah kondisi kini dan perkiraan masa depan                   assessment of both the current as well as the
        pada tanggal pelaporan, termasuk nilai                       forecast direction of conditions at the
        waktu atas uang jika tepat.                                  reporting date, including time value of
                                                                     money where appropriate.

        Untuk semua instrumen keuangan lainnya,                      For all other financial instruments, the Group
        Grup mengakui ECL sepanjang umur ketika                      recognizes lifetime ECL when there has been
        telah ada peningkatan risiko kredit yang                     a significant increase in credit risk since
        signifikan sejak pengakuan awal. Jika,                       initial recognition. If, on the other hand, the
        sebaliknya, risiko kredit pada instrumen                     credit risk on the financial instrument has not
        keuangan tidak meningkat secara signifikan                   increased       significantly    since    initial
        sejak pengakuan awal, Grup mengukur                          recognition, the Group measures the loss
        penyisihan    kerugian   untuk    instrumen                  allowance for that financial instrument at an
        keuangan tersebut sejumlah ECL 12 bulan.                     amount equal to 12-month ECL. The
        Penilaian apakah ECL sepanjang umur harus                    assessment of whether lifetime ECL should
        diakui    didasarkan   pada     peningkatan                  be recognized is based on significant
        signifikan dalam kemungkinan terjadinya                      increases in the likelihood or risk of a default
        atau pada risiko gagal bayar sejak                           occurring since initial recognition instead of
        pengakuan awal dan bukan didasarkan pada                     on evidence of a financial asset being credit
        bukti aset keuangan yang mengalami                           impaired at the reporting date or an actual
        kerugian kredit pada tanggal pelaporan atau                  default occurring.
        kejadian gagal bayar sebenarnya.

        Kerugian kredit ekspektasian sepanjang                       Lifetime ECL represents the expected credit
        umur      merupakan      kerugian    kredit                  losses that will result from all possible
        ekspektasian yang timbul dari seluruh                        default events over the expected life of a
        kemungkinan peristiwa gagal bayar selama                     financial instrument. In contrast, 12-month
        perkiraan   umur    instrumen    keuangan.                   ECL represents the portion of lifetime ECL
        Sebaliknya, ECL 12 bulan mewakili porsi ECL                  that is expected to result from default
        sepanjang umur yang timbul dari peristiwa                    events on a financial instrument that are
        gagal bayar pada instrumen keuangan yang                     possible within 12 months after the
        mungkin terjadi dalam 12 bulan setelah                       reporting date.
        tanggal pelaporan.

        Peningkatan risiko kredit secara signifikan                  Significant increase in credit risk

        Dalam menilai apakah risiko kredit pada                      In assessing whether the credit risk on a
        instrumen keuangan telah meningkat secara                    financial    instrument       has    increased
        signifikan sejak pengakuan awal, Grup                        significantly since initial recognition, the
        membandingkan risiko gagal bayar yang                        Group compares the risk of a default
        terjadi pada instrumen keuangan pada                         occurring on the financial instrument as at
        tanggal pelaporan dengan risiko gagal bayar                  the reporting date with the risk of a default
        yang terjadi pada instrumen keuangan pada                    occurring on the financial instrument as at
        tanggal pengakuan awal. Dalam melakukan                      the date of initial recognition. In making this
        penilaian, Grup mempertimbangkan baik                        assessment, the Group considers both
        informasi kuantitatif maupun kualitatif yang                 quantitative and qualitative information that
        wajar     dan      mendukung,      termasuk                  is reasonable and supportable, including
        pengalaman historis dan informasi bersifat                   historical experience and forward-looking
        perkiraan masa depan, yang tersedia tanpa                    information that is available without undue
        biaya atau upaya berlebihan. Informasi masa                  cost or effort. Forward-looking information
        depan yang dipertimbangkan mencakup                          considered includes the future prospects of
        prospek masa depan industri di mana debitur                  the industries in which the Group’s debtors
        Grup beroperasi dan pertimbangan berbagai                    operate and consideration of various external
        sumber eksternal aktual dan prakiraan                        sources of actual and forecast economic
        informasi ekonomi yang terkait dengan                        information that relate to the Group’s core
        operasi inti Grup.                                           operations.




                                                       - 31 -
Page 250
PT CHANDRA DAYA INVESTASI Tbk                                                 PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                         DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                        THEN ENDED
(Lanjutan)                                                                                        (Continued)


        Secara     khusus,    informasi    berikut                   In particular, the following information is
        diperhitungkan ketika menilai apakah risiko                  taken into account when assessing whether
        kredit telah meningkat secara signifikan                     credit risk has increased significantly since
        sejak pengakuan awal:                                        initial recognition:

        •   penurunan yang signifikan pada indikator                 •   significant deterioration in external
            pasar eksternal atas risiko kredit untuk                     market indicators of credit risk for a
            instrumen keuangan tertentu, contohnya                       particular financial instrument, e.g. a
            penurunan signifikan pada spread kredit,                     significant increase in the credit spread,
            harga swap gagal bayar kredit bagi                           the credit default swap prices for the
            peminjam, atau rentang waktu atau                            debtor, or the length of time or the
            tingkat nilai wajar aset keuangan lebih                      extent to which the fair value of a
            rendah       dari    biaya     perolehan                     financial asset has been less than its
            diamortisasinya;                                             amortized cost;

        •   memburuknya kondisi usaha, keuangan                      •   existing or forecast adverse changes in
            atau ekonomi yang terjadi saat ini atau                      business,     financial    or    economic
            prakiraan yang akan menyebabkan                              conditions that are expected to cause a
            penurunan signifikan atas kemampuan                          significant decrease in the debtor’s
            peminjam      untuk     menyelesaikan                        ability to meet its debt obligations;
            kewajiban utangnya;

        •   terdapat penurunan yang signifikan                       •   an actual or expected significant
            terhadap hasil operasi peminjam, baik                        deterioration in the operating results of
            secara aktual atau yang diperkirakan                         the debtor;
            akan terjadi;

        •   peningkatan     risiko  kredit  secara                   •   significant increases in credit risk on
            signifikan pada instrumen keuangan                           other financial instruments of the same
            lainnya dari peminjam yang sama;                             debtor;

        •   perubahan    signifikan  yang    tidak                   •   an actual or expected significant adverse
            menguntungkan baik secara aktual atau                        change in the regulatory, economic, or
            yang diperkirakan dalam lingkungan                           technological environment of the debtor
            peraturan, ekonomik, atau lingkungan                         that results in a significant decrease in
            teknologi peminjam yang mengakibatkan                        the debtor’s ability to meet its debt
            perubahan signifikan atas kemampuan                          obligations.
            peminjam dalam memenuhi kewajiban
            utangnya.

        Terlepas dari hasil penilaian di atas, Grup                  Irrespective of the outcome of the above
        membuat praduga risiko kredit aset                           assessment, the Group presumes that the
        keuangan telah meningkat signifikan sejak                    credit risk on a financial asset has increased
        pengakuan     awal    ketika    pembayaran                   significantly since initial recognition when
        kontraktual tertunggak lebih dari 30 hari,                   contractual payments are more than 30 days
        kecuali jika Grup memiliki informasi yang                    past due, unless the Group has reasonable
        wajar dan terdukung yang menunjukkan hal                     and       supportable      information     that
        sebaliknya.                                                  demonstrates otherwise.

        Meskipun demikian, Grup mengasumsikan                        Despite the foregoing, the Group assumes
        bahwa     risiko   kredit  pada instrumen                    that the credit risk on a financial instrument
        keuangan tidak meningkat secara signifikan                   has not increased significantly since initial
        sejak pengakuan awal jika instrumen                          recognition if the financial instrument is
        keuangan tersebut ditetapkan memiliki risiko                 determined to have low credit risk at the
        kredit yang rendah pada tanggal pelaporan.                   reporting date. A financial instrument is
        Instrumen keuangan bertekad memiliki                         determined to have low credit risk if:
        risiko kredit rendah jika:

        a. instrumen keuangan memiliki risiko gagal                  a. the financial instrument has a low risk of
           bayar yang rendah;                                           default;
        b. debitur memiliki kapasitas yang kuat                      b. the debtor has a strong capacity to meet
           untuk memenuhi kewajiban arus kas                            its contractual cash flow obligations in the
           kontraktualnya dalam waktu dekat; dan                        near term; and
        c. memburuknya kondisi ekonomi dan                           c. adverse changes in economic and
           bisnis dalam jangka panjang dapat,                           business conditions in the longer term
           tetapi   tidak   selalu,   menurunkan                        may, but will not necessarily, reduce the
           kemampuan peminjam untuk memenuhi                            ability of the borrower to fulfil its
           kewajiban arus kas kontraktualnya.                           contractual cash flow obligations.

                                                       - 32 -
Page 251
PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


        Grup menganggap aset keuangan memiliki                         The Group considers a financial asset to have
        risiko kredit rendah ketika aset memiliki                      low credit risk when the asset has external
        peringkat kredit eksternal 'investment grade'                  credit rating of ‘investment grade’ in
        sesuai dengan definisi yang dipahami secara                    accordance with the globally understood
        global atau jika peringkat eksternal tidak                     definition or if an external rating is not
        tersedia, aset tersebut memiliki peringkat                     available, the asset has an internal rating of
        internal 'performing'. Performing berarti                      ‘performing’. Performing means that the
        bahwa rekanan memiliki posisi keuangan                         counterparty has a strong financial position
        yang kuat dan tidak ada jumlah yang                            and there is no past due amounts.
        tertunggak.

        Grup secara teratur memantau efektivitas                       The     Group      regularly   monitors    the
        kriteria    yang       digunakan        untuk                  effectiveness of the criteria used to identify
        mengidentifikasi    apakah    telah    terjadi                 whether there has been a significant increase
        peningkatan risiko kredit yang signifikan dan                  in credit risk and revises them as appropriate
        merevisinya jika perlu untuk memastikan                        to ensure that the criteria are capable of
        bahwa      kriteria     tersebut      mampu                    identifying significant increase in credit risk
        mengidentifikasi peningkatan risiko kredit                     before the amount becomes past due.
        yang signifikan sebelum jumlahnya jatuh
        tempo.

        Definisi gagal bayar                                           Definition of default

        Grup menganggap hal-hal berikut ini                            The Group considers the following as
        merupakan peristiwa gagal bayar untuk                          constituting an event of default for internal
        tujuan manajemen risiko kredit internal                        credit risk management purposes as
        karena pengalaman historis menunjukkan                         historical experience indicates that financial
        bahwa aset keuangan yang memenuhi salah                        assets that meet either of the following
        satu kriteria berikut umumnya tidak dapat                      criteria are generally not recoverable:
        dipulihkan:

        •   ketika terdapat pelanggaran persyaratan                    •   when there is a breach of financial
            keuangan oleh debitur; atau                                    covenants by the debtor; or
        •   informasi yang dikembangkan secara                         •   information developed internally or
            internal atau diperoleh dari sumber                            obtained from external sources indicates
            eksternal menunjukkan bahwa debitur                            that the debtor is unlikely to pay its
            kemungkinan tidak akan membayar                                creditors, including the Group, in full
            kreditornya, termasuk Grup, secara                             (without taking into account any collateral
            penuh (tanpa memperhitungkan jaminan                           held by the Group).
            yang dimiliki oleh Grup).

        Terlepas dari analisis di atas, Grup                           Irrespective of the above analysis, the Group
        menganggap bahwa gagal bayar telah terjadi                     considers that default has occurred when a
        ketika aset keuangan tertunggak lebih dari                     financial asset is more than 60 days past due
        60 hari kecuali jika Grup memiliki informasi                   unless the Group has reasonable and
        yang    wajar      dan   terdukung     untuk                   supportable information to demonstrate that
        menunjukkan bahwa kriteria yang lebih                          a more lagging default criterion is more
        panjang lebih tepat.                                           appropriate.

        Aset keuangan memburuk                                         Credit-impaired financial assets

        Aset keuangan mengalami penurunan nilai                        A financial asset is credit-impaired when one
        kredit ketika satu atau lebih peristiwa yang                   or more events that have a detrimental
        memiliki dampak buruk pada estimasi arus                       impact on the estimated future cash flows of
        kas masa depan dari aset keuangan tersebut                     that financial asset have occurred. Evidence
        telah terjadi. Bukti bahwa aset keuangan                       that a financial asset is credit-impaired
        mengalami penurunan nilai termasuk data                        includes observable data about the following
        yang dapat diobservasi tentang peristiwa                       events:
        berikut:

        •   kesulitan keuangan yang signifikan dari                    •   significant financial difficulty of the issuer
            penerbit atau peminjam;                                        or the borrower;

        •   pelanggaran kontrak, seperti kejadian                      •   a breach of contract, such as a default or
            gagal bayar atau tunggakan;                                    past due event;

        •   pihak pemberi pinjaman, untuk alasan                       •   the lender(s) of the borrower, for
            ekonomik atau kontraktual sehubungan                           economic or contractual reasons relating
            dengan kesulitan keuangan yang dialami                         to the borrower’s financial difficulty,
            pihak peminjam, telah memberikan                               having granted to the borrower a
            konsesi pada pihak peminjam yang tidak                         concession(s) that the lender(s) would
            mungkin diberikan jika pihak peminjam                          not otherwise consider;
            tidak mengalami kesulitan tersebut;

                                                         - 33 -
Page 252
PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


        •   terjadi  kemungkinan   bahwa   pihak                       •   it is becoming probable that the borrower
            peminjam akan dinyatakan pailit atau                           will enter bankruptcy or other financial
            melakukan    reorganisasi  keuangan                            reorganization;
            lainnya;

        •   hilangnya pasar aktif untuk aset                           •   the disappearance of an active market for
            keuangan itu akibat kesulitan keuangan;                        that financial asset because of financial
            atau                                                           difficulties; or

        •   pembelian     atau penerbitan  aset                        •   the purchase or origination of a financial
            keuangan dengan diskon sangat besar                            asset at a deep discount that reflects the
            yang mencerminkan kerugian kredit                              incurred credit losses.
            yang terjadi.

        Kebijakan penghapusan                                          Write-off policy

        Grup menghapuskan aset keuangan ketika                         The Group writes off a financial asset when
        ada informasi yang menunjukkan bahwa                           there is information indicating that the
        pihak lawan berada dalam kesulitan                             counterparty is in severe financial difficulty
        keuangan yang buruk dan tidak ada prospek                      and there is no realistic prospect of recovery,
        pemulihan yang realistis, contoh ketika pihak                  e.g. when the counterparty has been placed
        lawan dalam proses likuidasi atau telah                        under liquidation or has entered into
        memasuki proses kebangkrutan. Aset                             bankruptcy proceedings. Financial assets
        keuangan yang dihapuskan dapat menjadi                         written off may still be subject to
        subjek aktivitas paksaan dalam prosedur                        enforcement activities under the Group’s
        pemulihan Grup, dengan mempertimbangkan                        recovery procedures, taking into account
        nasihat  hukum     yang      sesuai.   Setiap                  legal advice where appropriate. Any
        pemulihan yang terjadi diakui dalam laba                       recoveries made are recognized in profit or
        rugi.                                                          loss.

        Pengukuran dan pengakuan atas kerugian                         Measurement and recognition of expected
        kredit ekspektasian                                            credit losses

        Pengukuran kerugian kredit ekspektasian                        The measurement of expected credit losses is
        merupakan fungsi dari probability of default,                  a function of the probability of default, loss
        loss given default (yaitu besarnya kerugian                    given default (i.e. the magnitude of the loss
        jika terjadi gagal bayar) dan eksposur pada                    if there is a default) and the exposure at
        gagal bayar. Penilaian probability of default                  default. The assessment of the probability of
        dan loss given default berdasarkan data                        default and loss given default is based on
        historis yang disesuaikan dengan informasi                     historical data adjusted by forward-looking
        masa depan seperti dijelaskan di atas.                         information as described above. As for the
        Adapun eksposur atas gagal bayar, untuk                        exposure at default, for financial assets, this
        aset keuangan, diwakili oleh nilai tercatat                    is represented by the assets’ gross carrying
        bruto aset pada tanggal pelaporan; untuk                       amount at the reporting date; for financial
        kontrak     jaminan   keuangan,     eksposur                   guarantee contracts, the exposure includes
        mencakup jumlah yang ditarik pada tanggal                      the amount drawn down as at the reporting
        pelaporan, ditambah dengan jumlah yang                         date, together with any additional amounts
        diperkirakan akan ditarik di masa depan                        expected to be drawn down in the future by
        sebelum      tanggal   gagal   bayar    yang                   default date determined based on historical
        ditentukan     berdasarkan   tren    historis,                 trend, the Group’s understanding of the
        pemahaman Grup mengenai kebutuhan                              specific future financing needs of the debtors,
        pembiayaan masa depan yang spesifik dari                       and      other     relevant   forward-looking
        debiturnya, dan informasi perkiraan masa                       information.
        depan lainnya yang relevan.

        Untuk aset keuangan, kerugian kredit                           For financial assets, the expected credit loss
        ekspektasian diestimasi sebagai selisih                        is estimated as the difference between all
        antara seluruh arus kas kontraktual yang                       contractual cash flows that are due to the
        jatuh tempo kepada Grup sesuai dengan                          Group in accordance with the contract and all
        kontrak dan seluruh arus kas yang                              the cash flows that the Group expects to
        diekspektasi akan diterima oleh Grup,                          receive, discounted at the original effective
        didiskontokan pada suku bunga efektif awal.                    interest rate. For a lease receivable, the cash
        Untuk piutang sewa, arus kas yang                              flows used for determining the expected
        digunakan untuk menentukan kerugian                            credit losses is consistent with the cash flows
        kredit ekspektasian konsisten dengan arus                      used in measuring the lease receivable in
        kas yang digunakan dalam mengukur                              accordance with PSAK 116.
        piutang sewa berdasarkan PSAK 116.




                                                         - 34 -
Page 253
PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


        Apabila     kerugian  kredit   ekspektasian                       Where lifetime ECL is measured on a
        sepanjang umur diukur secara kolektif untuk                       collective basis to cater for cases where
        kasus dimana bukti kenaikan signifikan risiko                     evidence of significant increases in credit risk
        kredit pada level instrumen invidual tidak                        at the individual instrument level may not yet
        tersedia, instrumen keuangan dikelompokkan                        be available, the financial instruments are
        dengan dasar sebagai berikut:                                     grouped on the following basis:

        •   Sifat instrumen keuangan (yaitu piutang                       •   Nature of financial instruments (i.e. The
            usaha dan lain-lain dan jumlah tagihan                            Group’s trade and other accounts
            kepada pelanggan Grup masing-masing                               receivables and amounts due from
            dinilai sebagai grup terpisah);                                   customers are each assessed as a
                                                                              separate group);

        •   Status jatuh tempo;                                           •   Past-due status;

        •   Sifat, besaran dan jenis industri debitur;                    •   Nature, size and industry of debtors;

        •   Sifat jaminan untuk        piutang       sewa                 •   Nature of collaterals for finance lease
            pembiayaan; dan                                                   receivables; and

        •   Peringkat risiko kredit jika tersedia.                        •   External credit ratings where available.

        Pengelompokan ditelaah secara teratur oleh                        The grouping is regularly reviewed by
        manajemen untuk memastikan setiap                                 management to ensure the constituents of
        kelompok mempunyai karakteristik risiko                           each group continue to share similar credit
        yang sama.                                                        risk characteristics.

        Jika Grup telah mengukur cadangan                                 If the Group has measured the loss allowance
        kerugian untuk instrumen keuangan sebesar                         for a financial instrument at an amount equal
        ECL sepanjang umurnya pada tahun                                  to lifetime ECL in the previous reporting
        pelaporan sebelumnya, tetapi menentukan                           period, but determines at the current
        pada tanggal pelaporan kini bahwa kondisi                         reporting date that the conditions for lifetime
        untuk ECL sepanjang umurnya tidak lagi                            ECL are no longer met, the Group measures
        terpenuhi,   Grup    mengukur    cadangan                         the loss allowance at an amount equal to
        kerugian sejumlah ECL 12 bulan pada                               12-month ECL at the current reporting date,
        tanggal pelaporan kini, kecuali untuk aset                        except for assets for which the simplified
        yang   menggunakan pendekatan        yang                         approach was used.
        disederhanakan.

        Grup mengakui keuntungan atau kerugian                            The Group recognizes an impairment gain or
        penurunan nilai dalam laba rugi untuk semua                       loss in profit or loss for all financial
        instrumen keuangan dengan penyesuaian                             instruments with a corresponding adjustment
        terkait ke jumlah tercatat melalui akun                           to their carrying amount through a loss
        cadangan kerugian, kecuali untuk investasi                        allowance account, except for investments in
        pada instrumen hutang yang diukur pada                            debt instruments that are measured at
        FVTOCI, dimana penyisihan kerugian diakui                         FVTOCI, for which the loss allowance is
        dalam penghasilan komprehensif lain dan                           recognized in other comprehensive income
        diakumulasi dalam cadangan revaluasi                              and    accumulated     in  the    investment
        investasi, dan tidak mengurangi nilai tercatat                    revaluation reserve, and does not reduce the
        aset keuangan pada laporan posisi keuangan                        carrying amount of the financial asset in the
        konsolidasian.                                                    consolidated statement of financial position.

        Penghentian pengakuan aset keuangan                               Derecognition of financial assets

        Grup      menghentikan   pengakuan      aset                      The Group derecognizes a financial asset only
        keuangan jika dan hanya jika hak                                  when the contractual rights to the cash flows
        kontraktual atas arus kas yang berasal dari                       from the asset expire, or it transfers the
        aset     keuangan   berakhir,  atau     Grup                      financial asset and substantially all the risks
        mentransfer aset keuangan dan secara                              and rewards of ownership of the asset to
        substansial mentransfer seluruh risiko dan                        another entity. If the Group neither transfers
        manfaat atas kepemilikan aset kepada                              nor retains substantially all the risks and
        entitas lain. Jika Grup tidak mentransfer                         rewards of ownership and continues to
        serta tidak memiliki secara substansial                           control the transferred asset, the Group
        seluruh risiko dan manfaat kepemilikan serta                      recognizes its retained interest in the asset
        masih mengendalikan aset yang ditransfer,                         and an associated liability for amounts it may
        maka       Grup    mengakui     keterlibatan                      have to pay. If the Group retains
        berkelanjutan atas aset yang ditransfer dan                       substantially all the risks and rewards of
        liabilitas terkait sebesar jumlah yang                            ownership of a transferred financial asset, the
        mungkin harus dibayar. Jika Grup memiliki                         Group continues to recognize the financial
        secara substansial seluruh risiko dan                             asset and also recognizes a collateralized
        manfaat kepemilikan aset keuangan yang                            borrowing for the proceeds received.
        ditransfer, Grup masih mengakui aset
        keuangan dan juga mengakui pinjaman yang
        dijamin sebesar pinjaman yang diterima.



                                                            - 35 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


        Pada penghentian pengakuan aset keuangan                         On derecognition of a financial asset
        yang     diukur     pada    biaya    perolehan                   measured at amortized cost, the difference
        diamortisasi, perbedaan antara nilai tercatat                    between the asset’s carrying amount and the
        aset dan jumlah imbalan yang diterima dan                        sum of the consideration received and
        piutang diakui dalam laba rugi. Selain itu,                      receivable is recognized in profit or loss. In
        pada penghentian pengakuan investasi                             addition, on derecognition of an investment
        dalam instrumen utang yang diklasifikasikan                      in a debt instrument classified as at FVTOCI,
        sebagai FVTOCI, keuntungan atau kerugian                         the cumulative gain or loss previously
        kumulatif yang sebelumnya diakumulasi                            accumulated in the investment revaluation
        dalam      cadangan      revaluasi    investasi,                 reserve is reclassified to profit or loss. In
        direklasifikasi ke laba rugi. Sebaliknya, pada                   contrast, on derecognition of an investment
        penghentian pengakuan investasi dalam                            in an equity instrument which the Group has
        instrumen ekuitas yang telah dipilih Grup                        elected on initial recognition to measure at
        pada pengakuan awal untuk diukur di                              FVTOCI, the cumulative gain or loss
        FVTOCI,      keuntungan       atau     kerugian                  previously accumulated in the net fair value
        kumulatif yang sebelumnya diakumulasi                            gain (loss) on financial assets at FVTOCI in
        dalam keuntungan (kerugian) nilai wajar                          other reserves is not reclassified to profit or
        bersih atas aset keuangan yang diukur pada                       loss, but is transferred to retained earnings.
        FVTOCI dalam cadangan lainnya tidak
        direklasifikasi    ke    laba    rugi,    tetapi
        dipindahkan ke saldo laba.

        Liabilitas   Keuangan       dan    Instrumen                     Financial   Liabilities          and     Equity
        Ekuitas                                                          Instruments

        Klasifikasi sebagai utang atau ekuitas                           Classification as debt or equity

        Instrumen    utang    dan     ekuitas    yang                    Debt and equity instruments issued by the
        diterbitkan   oleh   Grup     diklasifikasikan                   Group are classified as either financial
        sebagai liabilitas keuangan atau ekuitas                         liabilities or as equity in accordance with the
        sesuai    dengan     substansi      perjanjian                   substance of the contractual arrangements
        kontraktual dan definisi liabilitas keuangan                     entered into and the definitions of a financial
        dan instrumen ekuitas.                                           liability and an equity instrument.

        Instrumen ekuitas                                                Equity instruments

        Instrumen ekuitas adalah setiap kontrak                          An equity instrument is any contract that
        yang memberikan hak residual atas aset                           evidences a residual interest in the assets of
        Grup setelah dikurangi dengan seluruh                            an entity after deducting all of its liabilities.
        liabilitasnya.  Instrumen   ekuitas   yang                       Equity instruments issued by the Group are
        diterbitkan oleh Grup dicatat sebesar hasil                      recorded at the proceeds received, net of
        penerimaan bersih setelah dikurangi biaya                        direct issue costs.
        penerbitan langsung.

        Liabilitas Keuangan                                              Financial Liabilities

        Liabilitas keuangan diklasifikasikan sebagai                     Financial liabilities are classified as either
        “FVTPL” atau “pada biaya perolehan                               financial liabilities “at FVTPL” or “at amortized
        diamortisasi” menggunakan metode suku                            cost” using the effective interest method.
        bunga efektif.

        Liabilitas keuangan yang diukur pada FVTPL                       Financial liabilities at FVTPL

        Liabilitas keuangan diklasifikasi FVTPL ketika                   Financial liabilities are classified as at FVTPL
        liabilitas keuangan merupakan 1) imbalan                         when the financial liability is 1) contingent
        kontinjen     yang    diakui     oleh    pihak                   consideration of an acquirer in a business
        pengakuisisi dalam kombinasi bisnis ketika                       combination to which PSAK 103 applies, 2)
        PSAK 103 diterapkan, 2) dimiliki untuk                           held for trading, or 3) it is designated as at
        diperdagangkan, atau 3) ditetapkan sebagai                       FVTPL.
        FVTPL.

        Liabilitas  keuangan         dimiliki    untuk                   A financial liability is classified as held for
        diperdagangkan jika:                                             trading if:

        •    diperoleh terutama untuk tujuan dibeli                      •    it has been acquired principally for the
             kembali dalam waktu dekat; atau                                  purpose of repurchasing in the near
                                                                              term; or




                                                           - 36 -
Page 255
PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


        •   pada pengakuan awal merupakan                              •   on initial recognition it is part of an
            bagian   dari  portofolio    instrumen                         identified    portfolio    of   financial
            keuangan tertentu yang dikelola Grup                           instruments that the Group manages
            secara bersama dan terdapat bukti                              together and has a recent actual pattern
            mengenai pola ambil untung dalam                               of short-term profit-taking; or
            jangka pendek aktual saat ini; atau

        •   merupakan     derivatif  yang  tidak                       •   it is a derivative that is not designated
            ditetapkan dan tidak efektif sebagai                           and effective as a hedging instrument.
            instrumen lindung nilai.

        Liabilitas keuangan selain liabilitas keuangan                 A financial liability other than a financial
        yang diperdagangkan dapat ditetapkan                           liability held for trading may be designated as
        sebagai FVTPL pada saat pengakuan awal                         at FVTPL upon initial recognition if:
        jika:

        •   mengeliminasi atau mengurangi secara                       •   such     designation    eliminates  or
            signifikan inkonsistensi pengukuran dan                        significantly reduces a measurement or
            pengakuan yang dapat timbul; atau                              recognition inconsistency that would
                                                                           otherwise arise; or

        •   liabilitas keuangan membentuk bagian                       •   the financial liability forms part of a
            dari kelompok aset keuangan, liabilitas                        group of financial assets or financial
            keuangan atau keduanya dikelola dan                            liabilities or both which is managed and
            kinerjanya dievaluasi berdasarkan nilai                        its performance is evaluated on a fair
            wajar, sesuai dengan manajemen risiko                          value basis in accordance with a
            atau       strategi  investasi      yang                       documented        risk  management    or
            didokumentasikan      dan      informasi                       investment strategy, and information
            tentang kelompok tersebut disediakan                           about the grouping is provided internally
            secara internal.                                               on that basis.

        •   Merupakan      bagian      kontrak  yang                   •   It forms part of a contract containing one
            mengandung satu atau lebih derivatif                           or more embedded derivatives, and
            melekat, dan PSAK 239 atau PSAK 109                            PSAK 239 or PSAK 109 permits the entire
            mengizinkan seluruh kontrak gabungan                           combined contract (asset or liability) to
            (aset atau liabilitas) ditetapkan sebagai                      be designated as at FVTPL.
            FVTPL.

        Pengukuran selanjutnya liabilitas keuangan                     Subsequent       measurement     of    financial
        pada FVTPL                                                     liabilities at FVTPL

        Liabilitas keuangan pada FVTPL diukur pada                     Financial liabilities at FVTPL are measured at
        nilai wajar, dengan keuntungan atau                            fair value, with any gains or losses arising on
        kerugian yang timbul atas perubahan nilai                      changes in fair value recognized in profit or
        wajar diakui dalam laporan laba rugi                           loss to the extent that they are not part of a
        sepanjang hal tersebut tidak menjadi bagian                    designated hedging relationship (see hedge
        dari hubungan lindung nilai yang ditentukan                    accounting policy). The net gain or loss
        (lihat kebijakan akuntansi lindung nilai).                     recognized in profit or loss incorporates any
        Keuntungan atau kerugian bersih yang                           interest paid on the financial liability and is
        diakui dalam laba rugi menggabungkan                           included in the “other gains - net” line item in
        setiap bunga yang dibayarkan atas liabilitas                   the consolidated statements of profit or loss.
        keuangan dan termasuk dalam bagian
        “keuntungan lain-lain - bersih” dalam
        laporan laba rugi konsolidasian.

        Namun, untuk liabilitas keuangan yang                          However, for financial liabilities that are
        ditetapkan pada FVTPL, jumlah perubahan                        designated as at FVTPL, the amount of
        nilai wajar liabilitas keuangan yang dapat                     change in the fair value of the financial
        diatribusikan pada perubahan risiko kredit                     liability that is attributable to changes in the
        liabilitas   diakui     dalam    penghasilan                   credit risk of that liability is recognized in
        komprehensif lain, kecuali jika pengakuan                      other comprehensive income, unless the
        dampak risiko kredit di penghasilan                            recognition of the effects of changes in the
        komprehensif lain akan menciptakan atau                        liability’s credit risk in other comprehensive
        memperbesar inkonsistensi akuntansi dalam                      income would create or enlarge an
        laba rugi. Sisa perubahan dari nilai wajar                     accounting mismatch in profit or loss. The
        atas liabilitas diakui dalam laba rugi.                        remaining amount of change in the fair value
        Perubahan      nilai   wajar   yang    dapat                   of liability is recognized in profit or loss.
        diatribusikan pada risiko kredit liabilitas                    Changes in fair value attributable to a
        keuangan yang diakui dalam penghasilan                         financial liability’s credit risk that are
        komprehensif lain tidak akan direklasifikasi                   recognized in other comprehensive income
        ke laba rugi; sebaliknya, perubahan tersebut                   are not subsequently reclassified to profit or
        dipindahkan ke saldo laba pada saat                            loss; instead, they are transferred to retained
        penghentian pengakuan liabilitas keuangan.                     earnings upon derecognition of the financial
                                                                       liability.


                                                         - 37 -
Page 256
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


        Liabilitas keuangan pada biaya perolehan                        Financial liabilities at amortized cost
        diamortisasi

        Liabilitas keuangan yang bukan merupakan                        Financial liabilities that are not 1) contingent
        1) imbalan kontinjen dari pihak pengakuisisi                    consideration of an acquirer in a business
        dalam kombinasi bisnis, 2) dimiliki untuk                       combination, 2) held-for-trading, or 3)
        diperdagangkan, atau 3) ditetapkan sebagai                      designated as at FVTPL, are subsequently
        FVTPL, selanjutnya diukur pada biaya                            measured at amortized cost using the
        perolehan diamortisasi dengan menggunakan                       effective interest method.
        metode suku bunga efektif.

        Metode suku bunga efektif                                       Effective interest method

        Metode suku bunga efektif adalah metode                         The effective interest method is a method of
        yang digunakan untuk menghitung biaya                           calculating the amortized cost of a financial
        perolehan diamortisasi dari liabilitas keuangan                 liability and of allocating interest expense
        dan metode untuk mengalokasikan biaya                           over the relevant period. The effective
        bunga selama tahun yang relevan. Suku                           interest rate is the rate that exactly discounts
        bunga efektif adalah suku bunga yang secara                     estimated future cash payments (including all
        tepat mendiskontokan estimasi pembayaran                        fees and points paid or received that form an
        kas masa depan (mencakup seluruh komisi                         integral part of the effective interest rate,
        dan bentuk lain yang dibayarkan dan                             transaction costs and other premiums or
        diterima yang merupakan bagian yang tak                         discounts) through the expected life of the
        terpisahkan dari suku bunga efektif, biaya                      financial liability, or (where appropriate) a
        transaksi dan premium dan diskonto lainnya)                     shorter period to the net carrying amount on
        selama perkiraan umur liabilitas keuangan,                      initial recognition.
        atau (jika lebih tepat) digunakan periode
        yang lebih singkat untuk memperoleh nilai
        tercatat bersih pada saat pengakuan awal.

        Keuntungan dan kerugian kurs mata uang                          Foreign exchange gains and losses
        asing

        Untuk liabilitas keuangan dalam mata uang                       For financial liabilities that are denominated
        asing dan diukur pada biaya perolehan                           in a foreign currency and are measured at
        diamortisasi pada setiap tanggal pelaporan,                     amortized cost as at each reporting date, the
        keuntungan atau kerugian kurs mata uang                         foreign exchange gains and losses are
        asing     ditentukan      berdasarkan     biaya                 determined based on the amortized cost of
        perolehan diamortisasi dari instrumen.                          the instruments. These foreign exchange
        Keuntungan atau kerugian kurs mata uang                         gains and losses are recognized in profit or
        asing diakui dalam laba rugi untuk liabilitas                   loss for financial liabilities that are not part of
        keuangan yang tidak merupakan bagian dari                       a designated hedging relationship. For those
        hubungan lindung nilai ditetapkan. Untuk                        which are designated as a hedging
        yang ditetapkan sebagai instrumen lindung                       instrument for a hedge of foreign currency
        nilai untuk lindung nilai atas risiko mata uang                 risk, foreign exchange gains and losses are
        asing, keuntungan dan kerugian selisih kurs                     recognized in other comprehensive income
        diakui dalam penghasilan komprehensif lain                      and accumulated in a separate component of
        dan diakumulasikan dalam komponen                               equity.
        ekuitas yang terpisah.

        Nilai wajar liabilitas keuangan dalam mata                      The fair value of financial liabilities
        uang asing ditentukan dalam mata uang                           denominated in a foreign currency is
        asing tersebut dan dijabarkan pada kurs                         determined in that foreign currency and
        yang berlaku pada akhir periode pelaporan.                      translated at the spot rate at the end of the
        Untuk liabilitas keuangan yang diukur pada                      reporting period. For financial liabilities that
        FVTPL, komponen nilai tukar mata uang                           are measured as at FVTPL, the foreign
        asing merupakan bagian dari keuntungan                          exchange component forms part of the fair
        atau kerugian nilai wajar dan diakui dalam                      value gains or losses and is recognized in
        laba rugi untuk liabilitas keuangan yang                        profit or loss for financial liabilities that are
        tidak merupakan bagian dari hubungan                            not part of a designated hedging relationship.
        lindung nilai ditetapkan.




                                                          - 38 -
Page 257
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


         Penghentian pengakuan liabilitas keuangan                        Derecognition of financial liabilities

         Grup menghentikan pengakuan liabilitas                           The Group derecognizes financial liabilities
         keuangan, jika dan hanya jika, liabilitas Grup                   when, and only when, the Group’s obligations
         telah      dilepaskan,  dibatalkan        atau                   are discharged, cancelled or have expired.
         kadaluarsa. Selisih antara jumlah tercatat                       The difference between the carrying amount
         liabilitas    keuangan   yang      dihentikan                    of the financial liability derecognized and the
         pengakuannya dan imbalan yang dibayarkan                         consideration paid and payable is recognized
         dan utang diakui dalam laba rugi.                                in profit or loss.

         Ketika Grup bertukar dengan pemberi                              When the Group exchanges with the existing
         pinjaman, satu instrumen utang menjadi                           lender one debt instrument into another one
         instrumen lain dengan persyaratan yang                           with the substantially different terms, such
         berbeda secara substansial, pertukaran                           exchange         is   accounted     for   as   an
         tersebut dicatat sebagai penghapusan                             extinguishment of the original financial
         liabilitas keuangan orisinal dan pengakuan                       liability and the recognition of a new financial
         liabilitas keuangan baru. Demikian pula,                         liability. Similarly, the Group accounts for
         Grup        memperhitungkan          modifikasi                  substantial modification of terms of an
         substansial dari ketentuan liabilitas yang ada                   existing liability or part of it as an
         atau bagian dari liabilitas tersebut sebagai                     extinguishment of the original financial
         pelepasan liabilitas keuangan orisinal dan                       liability and the recognition of a new liability.
         pengakuan liabilitas baru. Diasumsikan                           It is assumed that the terms are substantially
         bahwa persyaratannya berbeda secara                              different if the discounted present value of
         substansial jika nilai kini arus kas yang                        the cash flows under the new terms,
         didiskonto berdasarkan persyaratan yang                          including any fees paid net of any fees
         baru, termasuk setiap fee (imbalan) yang                         received and discounted using the original
         dibayarkan setelah dikurangi setiap fee                          effective rate is at least 10% different from
         (imbalan) yang diterima dan didiskonto                           the discounted present value of the
         menggunakan suku bunga efektif orisinal,                         remaining cash flows of the original financial
         berbeda sedikitnya 10% dari nilai kini sisa                      liability. If the modification is not substantial,
         arus kas yang didiskonto yang berasal dari                       the difference between: (1) the carrying
         liabilitas keuangan orisinal. Jika modifikasi                    amount        of    the   liability  before   the
         tidak substansial, maka perbedaan antara:                        modification; and (2) the present value of the
         (1) jumlah tercatat liabilitas sebelum                           cash flows after modification is recognized in
         modifikasi; dan (2) nilai kini dari arus kas                     profit or loss as the modification gain or loss
         setelah modifikasi, diakui dalam laba rugi                       within other gains and losses.
         sebagai keuntungan atau kerugian modifikasi
         dalam keuntungan dan kerugian lainnya.

    i.   Kas dan Setara Kas                                          i.   Cash and Cash Equivalents

         Untuk tujuan penyajian arus kas, kas dan                         For cash flow presentation purposes, cash
         setara kas terdiri dari kas, bank dan semua                      and cash equivalents consist of cash on hand
         investasi yang jatuh tempo dalam waktu tiga                      and in banks and all unrestricted investments
         bulan atau kurang dari tanggal perolehannya                      with maturities of three months or less from
         dan yang tidak dijaminkan serta tidak                            the date of placement.
         dibatasi penggunaannya.

    j.   Investasi pada Entitas Asosiasi                             j.   Investments in an Associate

         Entitas asosiasi adalah suatu entitas yang                       An associate is an entity over which the
         mana Grup mempunyai pengaruh yang                                Group has significant influence. Significant
         signifikan. Pengaruh signifikan adalah                           influence is the power to participate in the
         kekuasaan untuk berpartisipasi dalam                             financial and operating policy decisions of the
         keputusan kebijakan keuangan dan operasional                     investee but is not control or joint control
         investee tetapi tidak mengendalikan atau                         over those policies.
         mengendalikan bersama atas kebijakan
         tersebut.

         Penghasilan dan aset dan liabilitas dari                         The results of operations and assets and
         entitas asosiasi dicatat dalam laporan                           liabilities of associate are incorporated in
         keuangan konsolidasian dengan menggunakan                        these consolidated financial statements using
         metode ekuitas, kecuali ketika investasi                         the equity method of accounting, except
         diklasifikasikan sebagai dimiliki untuk dijual,                  when the investment is classified as held for
         sesuai dengan PSAK 105.                                          sale, in which case, it is accounted for in
                                                                          accordance with PSAK 105.




                                                           - 39 -
Page 258
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


        Dengan metode ekuitas, investasi pada                           Under the equity method, an investment in
        entitas asosiasi diakui di laporan posisi                       an associate is initially recognized in the
        keuangan konsolidasian sebesar biaya                            consolidated statements of financial position
        perolehan dan selanjutnya disesuaikan                           at cost and adjusted thereafter to recognize
        untuk perubahan dalam bagian kepemilikan                        the Group’s share of the profit or loss and
        Grup atas laba rugi dan penghasilan                             other    comprehensive      income   of   the
        komprehensif lain dari entitas asosiasi yang                    associate. When the Group’s share of losses
        terjadi setelah perolehan. Ketika bagian                        of an associate exceeds the Group’s interest
        Grup atas kerugian entitas asosiasi melebihi                    in that associate (which includes any long-
        kepentingan Grup pada entitas asosiasi                          term interests that, in substance, form part
        (yang mencakup semua kepentingan jangka                         of the Group’s net investment in the
        panjang, yang secara substansi, membentuk                       associate),    the     Group     discontinues
        bagian dari investasi bersih Grup dalam                         recognizing its share of further losses.
        entitas   asosiasi), Grup     menghentikan                      Additional losses are recognized only to the
        pengakuan     bagiannya     atas    kerugian                    extent that the Group has incurred legal or
        selanjutnya. Kerugian selanjutnya diakui                        constructive obligations or made payments
        hanya apabila Grup mempunyai kewajiban                          on behalf of the associate.
        bersifat hukum atau konstruktif atau
        melakukan pembayaran atas nama entitas
        asosiasi.

        Investasi pada entitas asosiasi dicatat                         An investment in an associate is accounted
        dengan menggunakan metode ekuitas sejak                         for using the equity method from the date on
        tanggal pada saat investee menjadi entitas                      which the investee becomes an associate.
        asosiasi. Setiap kelebihan biaya perolehan                      Any excess of the cost of acquisition over the
        investasi atas bagian Grup atas nilai wajar                     Group’s share of the net fair value of
        bersih dari aset yang teridentifikasi dan                       identifiable assets and liabilities of the
        liabilitas dari entitas asosiasi yang diakui                    associate recognized at the date of
        pada tanggal akuisisi, diakui sebagai                           acquisition, is recognized as goodwill, which
        goodwill. Goodwill termasuk dalam jumlah                        is included within the carrying amount of the
        tercatat investasi, dan diuji penurunan                         investment. Any excess of the Group’s share
        nilainya sebagai bagian dari investasi. Setiap                  of the net fair value of the identifiable assets
        kelebihan kepemilikan Grup dari nilai wajar                     and liabilities over the cost of acquisition,
        bersih aset yang teridentifikasi dan liabilitas                 after     reassessment,       is     recognized
        atas biaya perolehan investasi, sesudah                         immediately in profit or loss in the period in
        pengujian kembali, segera diakui di dalam                       which the investment is acquired.
        laba     rugi   pada    tahun    diperolehnya
        investasinya.

        Persyaratan dalam PSAK 236, diterapkan                          The requirements of PSAK 236, are applied
        untuk menentukan apakah perlu untuk                             to determine whether it is necessary to
        mengakui       setiap    penurunan      nilai                   recognize any impairment loss with respect
        sehubungan dengan investasi pada entitas                        to the Group’s investment in an associate.
        asosiasi. Bila diperlukan, jumlah tercatat                      When necessary, the entire carrying amount
        investasi    (termasuk     goodwill)    diuji                   of the investment (including goodwill) is
        penurunan nilai sesuai dengan PSAK 236,                         tested for impairment in accordance with
        sebagai    suatu    aset  tunggal    dengan                     PSAK 236, as a single asset by comparing its
        membandingkan antara jumlah terpulihkan                         recoverable amount (higher of value in use
        (mana yang lebih tinggi antara nilai pakai                      and fair value less costs to sell) with its
        dan nilai wajar dikurangi biaya pelepasan)                      carrying amount. Any impairment loss
        dengan jumlah tercatatnya. Rugi penurunan                       recognized forms part of the carrying amount
        nilai diakui langsung pada nilai tercatat                       of the investment. Any reversal of that
        investasi. Setiap pembalikan dari penurunan                     impairment loss is recognized in accordance
        nilai diakui sesuai dengan PSAK 236                             with PSAK 236 to the extent that the
        sepanjang jumlah terpulihkan dari investasi                     recoverable amount of the investment
        tersebut kemudian meningkat.                                    subsequently increases.

        Grup menghentikan penggunaan metode                             The Group discontinues the use of the equity
        ekuitas sejak tanggal saat investasinya                         method from the date when the investment
        berhenti menjadi investasi pada entitas                         ceases to be an associate or a joint venture,
        asosiasi atau ventura bersama atau ketika                       or when the investment is classified as held
        investasi diklasifikasi sebagai dimiliki untuk                  for sale. When the Group retains an interest
        dijual.   Ketika    Grup    mempertahankan                      in the former associate or joint venture and
        kepemilikan dalam entitas yang sebelumnya                       the retained interest is a financial asset, the
        merupakan entitas asosiasi atau ventura                         Group measures any retained investment at
        bersama dan sisa investasi tersebut                             fair value at that date and the fair value is
        merupakan aset keuangan, Grup mengukur                          regarded as its fair value on initial
        setiap sisa investasi pada nilai wajar pada                     recognition in accordance with PSAK 109.
        tanggal tersebut dan nilai wajar tersebut
        dianggap sebagai nilai wajar pada saat
        pengakuan awal sesuai dengan PSAK 109.


                                                          - 40 -
Page 259
PT CHANDRA DAYA INVESTASI Tbk                                                        PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               THEN ENDED
(Lanjutan)                                                                                               (Continued)


         Selisih antara jumlah tercatat pada asosiasi                       The difference between the carrying amount
         pada tanggal metode ekuitas dihentikan, dan                        of the associate at the date the equity
         nilai wajar dari setiap bunga yang ditahan                         method was discontinued, and the fair value
         dan hasilkan dari pelepasan sebagian                               of any retained interest and any proceeds
         kepentingan dalam asosiasi termasuk dalam                          from disposing of a part of interest in the
         penentuan keuntungan atau kerugian pada                            associate is included in the determination of
         pelepasan asosiasi. Selanjutnya, Grup                              the gain or loss on disposal of the associate.
         mencatat seluruh jumlah yang sebelumnya                            In addition, the Group accounts for all
         telah     diakui      dalam       penghasilan                      amounts previously recognized in other
         komprehensif lain yang terkait dengan                              comprehensive income in relation to that
         entitas     asosiasi     tersebut     dengan                       associate on the same basis as would be
         menggunakan dasar perlakuan yang sama                              required if that associate had directly
         dengan yang disyaratkan jika entitas                               disposed of the related assets or liabilities.
         asosiasi telah melepaskan secara langsung                          Therefore, if a gain or loss previously
         aset dan liabilitas yang terkait. Seluruh                          recognized in other comprehensive income
         jumlah yang diakui dalam penghasilan                               by that associate would be reclassified to
         komprehensif lain yang terkait dengan                              profit or loss on the disposal of the related
         entitas asosiasi direklasifikasi ke laba rugi                      assets or liabilities, the Group reclassifies the
         (sebagai penyesuaian reklasifikasi) pada                           gain or loss from equity to profit or loss (as
         saat penghentian metode ekuitas.                                   a reclassification adjustment) when the
                                                                            equity method is discontinued.

         Ketika Grup menambah bagian kepemilikan                            Where the Group increases its interest in its
         pada entitas asosiasi yang sudah dimiliki                          existing associate and it remains as an
         sebelumnya dan entitas tersebut tetap                              associate, the consideration transferred of
         sebagai entitas asosiasi, imbalan yang                             the additional interest is added to the
         dialihkan atas penambahan kepemilikan                              existing carrying amount without considering
         tersebut ditambahkan ke nilai tercatat                             the fair value of the associate’s identifiable
         sebelumnya tanpa mempertimbangkan nilai                            assets and liabilities.
         wajar bersih aset yang teridentifikasi dan
         liabilitas atas entitas asosiasi tersebut.

         Ketika Grup melakukan transaksi dengan                             When a Group entity transacts with an
         entitas asosiasi, keuntungan dan kerugian                          associate, profits and losses resulting from
         yang timbul dari transaksi dengan entitas                          the transactions with the associate are
         asosiasi diakui dalam laporan keuangan                             recognized in the Group’s consolidated
         konsolidasian     Grup     hanya  sebesar                          financial statements only to the extent of its
         kepemilikan dalam entitas asosiasi yang                            interest in the associate that are not related
         tidak terkait dengan Grup.                                         to the Group.

         Grup menerapkan PSAK 109, termasuk                                 The Group applies PSAK 109, including the
         persyaratan    penurunan      nilai,  untuk                        impairment requirements, to long-term
         kepentingan jangka panjang dalam entitas                           interests in an associate or joint venture to
         asosiasi atau ventura bersama ketika                               which the equity method is not applied and
         metode ekuitas tidak diterapkan dan yang                           which form part of the net investment in the
         merupakan bagian dari investasi neto pada                          investee. Furthermore, in applying PSAK 109
         investee. Selanjutnya, dalam menerapkan                            to long-term interests, the Group does not
         PSAK 109 untuk kepentingan jangka                                  take into account adjustments to their
         panjang, Grup tidak memperhitungkan                                carrying amount required by PSAK 228 (i.e.
         penyesuaian nilai tercatat yang disyaratkan                        adjustments to the carrying amount of long-
         oleh PSAK 228 (misalnya, penyesuaian nilai                         term interests arising from the allocation of
         tercatat kepentingan jangka panjang yang                           losses of the investee or assessment of
         timbul dari alokasi kerugian investee atau                         impairment in accordance with PSAK 228).
         penilaian penurunan nilai berdasarkan
         PSAK 228).

    k.   Persediaan bahan pembantu,             suku              h. k.     Inventories   of   indirect         materials,
         cadang dan bahan bakar minyak                                      spareparts and fuels

         Persediaan bahan pembantu, suku cadang                   i.        Inventories of indirect materials, spareparts
         dan bahan bakar minyak dinyatakan                                  and fuels are stated at cost or net realizable
         berdasarkan biaya perolehan atau nilai                             value, whichever is lower. Cost is determined
         realisasi bersih, mana yang lebih rendah.                          using the weighted average method. Net
         Biaya perolehan ditentukan dengan metode                           realizable value represents the estimated
         rata-rata tertimbang. Nilai realisasi bersih                       selling price for inventories of indirect
         merupakan estimasi harga jual dari                                 materials, spareparts and fuels less all
         persediaan bahan pembantu, suku cadang                             estimated costs of completion.
         dan bahan bakar minyak dikurangi seluruh
         biaya penyelesaian.




                                                         - 41 -
Page 260
PT CHANDRA DAYA INVESTASI Tbk                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                THEN ENDED
(Lanjutan)                                                                                                (Continued)


    l.   Aset Tidak Lancar yang Dimiliki Untuk                     i.    l.   Non-current Assets Held for Sale
         Dijual

         Aset tidak lancar (atau kelompok lepasan)                            Non-current assets (or disposal groups)
         diklasifikasi sebagai yang dimiliki untuk                            classified as held for sale are measured at the
         dijual diukur pada nilai yang lebih rendah                           lower of their carrying amount and fair value
         antara jumlah tercatat dan nilai wajar                               less cost to sell.
         setelah dikurangi biaya untuk menjual.

         Aset tidak lancar yang dimiliki untuk dijual                         Non-current assets (or disposal groups) are
         (atau    kelompok   lepasan)     diklasifikasi                       classified as held for sale if their carrying
         sebagai dimiliki untuk dijual jika jumlah                            amount will be recovered principally through
         tercatatnya akan dipulihkan terutama                                 a sale transaction rather than through
         melalui transaksi penjualan dari pada                                continuing use. This condition is regarded as
         melalui pemakaian berlanjut. Kondisi ini                             met only when the asset (or disposal group)
         dianggap terpenuhi hanya ketika aset (atau                           is available for immediate sale in its present
         kelompok lepasan) berada dalam keadaan                               condition subject only to terms that are usual
         segera dapat dijual dengan syarat-syarat                             and customary for sales of such asset (or
         yang biasa dan umum yang diperlukan                                  disposal group) and its sale is highly
         dalam penjualan aset (atau kelompok                                  probable. Management must be committed
         lepasan) tersebut dan penjualannya harus                             to the sale, which should be expected to
         sangat mungkin terjadi. Manajemen harus                              qualify for recognition as a completed sale
         memiliki komitmen untuk menjual dan                                  within one year from the date of
         penjualan diharapkan untuk diselesaikan                              classification.
         dalam waktu satu tahun sejak tanggal
         klasifikasi.

         Aset tidak lancar yang diklasifikasikan                              Non-current assets classified as held for sale
         sebagai dimiliki untuk dijual dan aset dalam                         and the assets of a disposal group classified
         kelompok lepasan yang dimiliki untuk dijual                          as held for sale are presented separately
         disajikan secara terpisah dari aset lainnya                          from the other assets in the consolidated
         dalam      laporan      posisi     keuangan                          statement of financial position.
         konsolidasian.

    m.   Aset Tetap                                                      m.   Property, Plant and Equipment

         Aset tetap yang dimiliki untuk digunakan                             Property, plant and equipment held for use in
         dalam produksi atau penyediaan barang atau                           the production or supply of goods or services,
         jasa atau untuk tujuan administratif dicatat                         or for administrative purposes, are stated at
         berdasarkan    biaya   perolehan     setelah                         cost, less accumulated depreciation and any
         dikurangi   akumulasi   penyusutan      dan                          accumulated impairment losses.
         akumulasi kerugian penurunan nilai.

         Penyusutan diakui dengan menggunakan                                 Depreciation is recognized using the straight-
         metode garis lurus setelah memperhitungkan                           line method after calculating the residual
         nilai residu berdasarkan taksiran masa                               values based on the estimated useful lives of
         manfaat ekonomis aset tetap sebagai                                  the assets as follows:
         berikut:

                                                     Tahun/Years

         Bangunan dan prasarana                             20                Buildings and infrastructures
         Kapal                                              40                Vessels
         Mesin                                             5-30               Machineries
         Kendaraan bermotor                                 5                 Motor vehicles
         Peralatan dan perlengkapan                        3-8                Furniture and fixtures

         Masa manfaat ekonomis, nilai residu dan                              The estimated useful lives, residual values
         metode penyusutan direviu setiap akhir                               and depreciation method are reviewed at
         tahun dan pengaruh dari setiap perubahan                             each year end, with the effect of any changes
         estimasi tersebut berlaku prospektif.                                in estimate accounted for on a prospective
                                                                              basis.

         Tanah    dinyatakan    berdasarkan      biaya                        Land is stated at cost and is not depreciated.
         perolehan dan tidak disusutkan.

         Biaya berkala untuk overhaul mesin yang                              Capitalized cost of major periodical overhauls
         dikapitalisasi    disusutkan     dengan                              of machinery is depreciated using the
         menggunakan garis lurus selama periode                               straight-line method over the period to the
         sampai overhaul berikutnya.                                          next overhaul.



                                                          - 42 -
Page 261
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Beban     pemeliharaan      dan   perbaikan                     The cost of maintenance and repairs is
         dibebankan pada laba rugi pada saat                             charged to profit or loss as incurred. Other
         terjadinya. Biaya-biaya lain yang terjadi                       costs incurred subsequently to add to,
         selanjutnya yang timbul untuk menambah,                         replace part of, or service an item of
         mengganti atau memperbaiki aset tetap                           property, plant     and    equipment,    are
         dicatat sebagai biaya perolehan aset jika dan                   recognized as asset if, and only if it is
         hanya jika besar kemungkinan manfaat                            probable that future economic benefits
         ekonomis di masa depan berkenaan dengan                         associated with the item will flow to the
         aset tersebut akan mengalir ke entitas dan                      entity and the cost of the item can be
         biaya perolehan aset dapat diukur secara                        measured reliably.
         andal.

         Aset tetap dihentikan pengakuannya pada                         An item of property, plant and equipment is
         saat pelepasan atau ketika tidak ada                            derecognized upon disposal or when no
         manfaat ekonomis masa depan yang                                future economic benefits are expected to
         diharapkan timbul dari penggunaan aset                          arise from the continued use of the asset.
         secara berkelanjutan. Keuntungan atau                           Any gain or loss arising on the disposal or
         kerugian yang timbul dari pelepasan atau                        retirement of an item of property, plant and
         penghentian pengakuan suatu aset tetap                          equipment is determined as the difference
         ditentukan sebagai selisih antara hasil                         between the sales proceeds and the carrying
         penjualan dan nilai tercatat aset dan diakui                    amount of the asset and is recognized in
         dalam laba rugi.                                                profit or loss.

         Aset yang telah disusutkan sepenuhnya yang                      Fully depreciated assets still in use are
         masih digunakan tetap termasuk dalam                            retained in the consolidated financial
         laporan keuangan konsolidasian.                                 statements.

         Aset dalam proses kontruksi (“aset tetap                        Assets in the course of construction
         dalam     pembangunan”)      untuk    tujuan                    (“construction in progress”) for production,
         produksi, persediaan atau administrasi, atau                    supply or administrative purposes, or for
         tujuan yang belum ditentukan, dicatat                           purposes not yet determined, are carried at
         sebesar harga perolehan, dikurangi kerugian                     cost, less any recognized impairment loss.
         penurunan nilai yang diakui. Biaya perolehan                    Cost includes professional fees. Depreciation
         termasuk biaya profesional. Penyusutan aset                     of these assets, on the same basis as other
         ini, dengan dasar yang sama seperti aset                        property assets, commences when the
         properti lainnya, dimulai saat aset tersebut                    assets are ready for their intended use.
         siap untuk digunakan sesuai dengan
         tujuannya.

    n.   Properti Investasi                                         n.   Investment Property

         Properti investasi adalah tanah untuk                           Investment property is land held to earn
         menghasilkan rental atau untuk kenaikan                         rentals or for capital appreciation or both.
         nilai atau keduanya. Properti investasi diukur                  Investment property are measured at cost
         sebesar biaya perolehan setelah dikurangi                       less accumulated depreciation and any
         akumulasi penyusutan dan akumulasi                              accumulated impairment losses.
         kerugian penurunan nilai.

         Tanah    dinyatakan    berdasarkan      biaya                   Land is stated at cost and is not depreciated.
         perolehan dan tidak disusutkan.

         Properti investasi dihentikan pengakuannya                      An investment property is derecognized upon
         pada saat dilepaskan atau ketika properti                       disposal or when the investment property is
         investasi tidak digunakan lagi secara                           permanently withdrawn from use and no
         permanen dan tidak memiliki manfaat                             future economic benefits are expected from
         ekonomi masa depan yang diharapkan dari                         the disposal. Any gain or loss arising on
         pelepasannya. Keuntungan atau kerugian                          derecognition of the property (calculated as
         yang timbul dari penghentian atau pelepasan                     the difference between the net disposal
         properti investasi ditentukan dari selisih                      proceeds and the carrying amount of the
         antara hasil neto pelepasan dan jumlah                          asset) is included in profit or loss in the
         tercatat aset dan diakui dalam laba rugi pada                   period in which the property is derecognized.
         periode    terjadinya    penghentian     atau
         pelepasan.




                                                          - 43 -
Page 262
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


    o.   Sewa                                                       o.   Lease

         Grup sebagai penyewa                                            The Group as lessee

         Grup menilai apakah sebuah kontrak                              The Group assesses whether a contract is or
         mengandung sewa, pada tanggal insepsi                           contains a lease, at the inception of the
         kontrak. Grup mengakui aset hak-guna dan                        contract. The Group recognizes a right-of-
         liabilitas sewa terkait sehubungan dengan                       use asset and a corresponding lease liability
         seluruh     kesepakatan    sewa     di mana                     with respect to all lease arrangements in
         Perusahaan merupakan penyewa, kecuali                           which it is the lessee, except for short-term
         untuk       sewa     jangka-pendek     (yang                    leases (defined as leases with a lease term
         didefinisikan sebagai sewa yang memiliki                        of 12 months or less) and leases of low value
         masa sewa 12 bulan atau kurang) dan sewa                        assets. For these leases, the Group
         yang aset pendasarnya bernilai-rendah.                          recognizes the lease payments as an
         Untuk sewa-sewa tersebut, Grup mengakui                         operating expense on a straight-line basis
         pembayaran sewa sebagai beban operasi                           over the term of the lease unless another
         secara garis lurus selama masa sewa kecuali                     systematic basis is more representative of
         dasar        sistematis     lainnya     lebih                   the time pattern in which economic benefits
         merepresentasikan pola konsumsi manfaat                         from the leased assets are consumed.
         penyewa dari aset sewa.

         Liabilitas sewa awalnya diukur pada nilai kini                  The lease liability is initially measured at the
         pembayaran sewa masa depan yang belum                           present value of the lease payments that are
         dibayarkan pada tanggal permulaan, yang                         not paid at the commencement date,
         didiskontokan menggunakan suku bunga                            discounted by using the rate implicit in the
         implisit dalam sewa. Jika suku bunga ini                        lease. If this rate cannot be readily
         tidak dapat ditentukan, Grup menggunakan                        determined, the Group uses the incremental
         suku bunga pinjaman inkremental khusus                          borrowing rate specific to the lessee.
         untuk penyewa.

         Pembayaran sewa yang diperhitungkan                             Lease   payments      included      in   the
         dalam pengukuran liabilitas sewa terdiri                        measurement of the lease liability comprise:
         atas:

         •   pembayaran          tetap (termasuk                         •    fixed lease payments (including in-
             pembayaran tetap secara-substansi),                              substance fixed payments), less any
             dikurangai insentif sewa;                                        lease incentives;

         •   pembayaran     sewa    variabel   yang                      •    variable lease payments that depend on
             bergantung pada indeks atau suku bunga                           an index or rate, initially measured
             yang pada awalnya diukur dengan                                  using the index or rate at the
             menggunakan indeks atau suku bunga                               commencement date;
             pada tanggal permulaan;

         •   jumlah      yang   diperkirakan  akan                       •    the amount expected to be payable by
             dibayarkan oleh penyewa dalam jaminan                            the lessee under residual value
             nilai residual;                                                  guarantees;

         •   harga eksekusi opsi beli jika penyewa                       •    the exercise price of purchase options,
             cukup pasti untuk mengeksekusi opsi                              if the lessee is reasonably certain to
             tersebut; dan                                                    exercise the options; and

         •   pembayaran penalti karena penghentian                       •    payments of penalties for terminating
             sewa, jika masa sewa merefleksikan                               the lease, if the lease term reflects the
             penyewa mengeksekusi opsi untuk                                  exercise of an option to terminate the
             menghentikan sewa.                                               lease.

         Liabilitas sewa disajikan sebagai pos terpisah                  The lease liability is presented as a separate
         dalam        laporan     posisi     keuangan                    line in the consolidated statement of financial
         konsolidasian.                                                  position.

         Liabilitas sewa selanjutnya diukur dengan                       The lease liability is subsequently measured
         meningkatkan     jumlah    tercatat untuk                       by increasing the carrying amount to reflect
         merefleksikan bunga atas liabilitas sewa                        the interest on the lease liability (using the
         (menggunakan metode suku bunga efektif)                         effective interest method) and by reducing
         dan dengan mengurangi jumlah tercatat                           the carrying amount to reflect the lease
         untuk merefleksikan sewa yang telah                             payments made.
         dibayar.




                                                          - 44 -
Page 263
PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


        Grup mengukur kembali liabilitas sewa (dan                    The Group remeasures the lease liability
        melakukan penyesuaian terkait terhadap                        (and makes a corresponding adjustment to
        aset hak-guna) jika:                                          the related right-of-use assets) whenever:

        •   terdapat perubahan dalam masa sewa                        •   the lease term has changed or there is
            atau perubahan dalam penilaian atas                           a change in the assessment of the
            eksekusi opsi pembelian, di mana                              exercise of a purchase option, in which
            liabilitas  sewa    diukur    dengan                          case the lease liability is remeasured by
            mendiskontokan    pembayaran    sewa                          discounting the revised lease payments
            revisian menggunakan tingkat diskonto                         using a revised discount rate;
            revisian;

        •   terdapat perubahan sewa masa depan                        •   the lease payments change due to
            sebagai akibat dari perubahan indeks                          changes in an index or rate or a change
            atau perubahan perkiraan pembayaran                           in    expected    payment      under   a
            berdasarkan nilai residual jaminan di                         guaranteed residual value, in which
            mana liabilitas sewa diukur kembali                           cases the lease liability is remeasured
            dengan mendiskontokan pembayaran                              by discounting the revised lease
            sewa revisian menggunakan tingkat                             payments using the initial discount rate
            diskonto awal (kecuali jika pembayaran                        (unless the lease payments change is
            sewa berubah karena perubahan suku                            due to a change in a floating interest
            bunga mengambang, di mana tingkat                             rate, in which case a revised discount
            diskonto revisian digunakan); atau                            rate is used); or

        •   kontrak sewa dimodifikasi dan modifikasi                  •   a lease contract is modified and the
            sewa tidak dicatat sebagai sewa terpisah,                     lease modification is not accounted for
            di mana liabilitas sewa diukur dengan                         as a separate lease, in which case the
            mendiskontokan      pembayaran      sewa                      lease liability is remeasured by
            revisian menggunakan tingkat diskonto                         discounting the revised lease payments
            revisian.                                                     using a revised discount rate.

        Aset hak-guna terdiri dari pengukuran awal                    The right-of-use assets comprise the initial
        atas liabilitas sewa, pembayaran sewa yang                    measurements of the corresponding lease
        dilakukan      pada   saat  atau   sebelum                    liability, lease payments made at or before
        permulaan sewa dan biaya langsung awal.                       the commencement day and any initial direct
        Aset hak-guna selanjutnya diukur sebesar                      costs. They are subsequently measured at
        biaya dikurangi akumulasi penyusutan dan                      cost less accumulated depreciation and
        kerugian penurunan nilai.                                     impairment losses.

        Jika Grup dibebankan kewajiban atas biaya                     Whenever the Group incurs an obligation for
        membongkar dan memindahkan aset sewa,                         costs to dismantle and remove a leased
        merestorasi tempat di mana aset berada                        asset, restore the site on which it is located
        atau merestorasi aset pendasar ke kondisi                     or restore the underlying assets to the
        yang disyaratkan oleh syarat dan ketentuan                    conditions required by the terms and
        sewa, provisi diakui dan diukur sesuai PSAK                   conditions of the lease, a provision is
        237 Provisi, Liabilitas Kontijensi, dan Aset                  recognized and measured under PSAK 237
        Kontijensi. Biaya tersebut diperhitungkan                     Provisions,   Contingent    Liabilities,   and
        dalam aset hak-guna terkait, kecuali jika                     Contingent Assets. The costs are included in
        biaya tersebut terjadi untuk memproduksi                      the related right-of-use asset, unless those
        persediaan.                                                   costs are incurred to produce inventories.

        Aset hak-guna disusutkan selama tahun                         Right-of-use assets are depreciated over the
        yang lebih singkat antara masa sewa dan                       shorter period of lease term and useful life of
        masa manfaat aset pendasar. Jika sewa                         the underlying assets. If a lease transfers
        mengalihkan kepemilikan aset pendasar                         ownership of the underlying assets or the
        atau jika biaya perolehan aset hak-guna                       cost of the right-of-use assets reflects that of
        merefleksikan Grup akan mengeksekusi opsi                     the Group expects to exercise a purchase
        beli, aset hak-guna disusutkan selama masa                    option, the related right-of-use asset is
        manfaat aset pendasar. Penyusutan dimulai                     depreciated over the useful life of the
        pada tanggal permulaan sewa.                                  underlying assets. The depreciation starts at
                                                                      the commencement date of the lease.

        Aset hak-guna disajikan sebagai pos terpisah                  The right-of-use assets are presented as a
        di laporan posisi keuangan konsolidasian.                     separate line in the consolidated statement
                                                                      of financial position.

        Grup    menerapkan    PSAK     236    untuk                   The Group applies PSAK 236 to determine
        menentukan     apakah     aset     hak-guna                   whether a right-of-use asset is impaired and
        mengalami penurunan nilai dan mencatat                        accounts for any identified impairment loss
        kerugian penurunan nilai yang teridentifikasi                 as described in the impairment of assets
        sebagaimana dijelaskan dalam kebijakan                        policy.
        aset penurunan nilai.

                                                        - 45 -
Page 264
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


         Sewa variabel yang tidak bergantung pada                         Variable rents that do not depend on an
         indeks atau suku bunga tidak diperhitungkan                      index or rate are not included in the
         dalam pengukuran liabilitas sewa dan aset                        measurements of the lease liability and the
         hak-guna.    Pembayaran     terkait   diakui                     right-of-use asset. The related payments are
         sebagai beban dalam tahun di mana                                recognized as an expense in the period in
         peristiwa atau kondisi yang memicu                               which the event or condition that triggers
         pembayaran tersebut terjadi dan dicatat                          those payments occur and are included in the
         dalam pos “Beban umum dan administrasi”                          line “General and administrative expenses"
         dalam laporan laba rugi dan penghasilan                          in the consolidated statement of profit or loss
         komprehensif lain konsolidasian.                                 and other comprehensive income.

         Grup sebagai pesewa                                              The Group as lessor

         Grup melakukan perjanjian sewa sebagai                           The Group enters into lease agreements as a
         pesewa sehubungan dengan tangki dan                              lessor with respect to tank and jetty.
         dermaga.

         Sewa di mana Grup sebagai pesewa                                 Leases for which the Group is a lessor are
         diklasifikasikan sebagai sewa pembiayaan                         classified as finance or operating leases.
         atau sewa operasi. Ketika persyaratan sewa                       Whenever the terms of the lease transfer
         secara substansial mengalihkan seluruh                           substantially all the risks and rewards of
         risiko dan manfaat yang terkait dengan                           ownership to the lessee, the contract is
         kepemilikan ke penyewa, kontrak tersebut                         classified as a finance lease. All other leases
         diklasifikasikan sebagai sewa pembiayaan.                        are classified as operating leases.
         Seluruh     sewa   lainnya  diklasifikasikan
         sebagai sewa operasi.

         Penghasilan sewa dari sewa operasi diakui                        Rental income from operating leases is
         secara garis lurus selama masa sewa yang                         recognized on a straight-line basis over the
         relevan. Biaya langsung awal yang terjadi                        terms of the relevant lease. Initial direct
         dalam menegosiasikan dan mengatur sewa                           costs incurred in negotiating and arranging
         operasi ditambahkan ke jumlah tercatat aset                      an operating lease are added to the carrying
         sewa dan diakui secara garis lurus selama                        amount of the leased assets and recognized
         masa sewa.                                                       on a straight-line basis over the lease term.

    p.   Penurunan Nilai Aset Non-keuangan                           p.   Impairment of Non-financial Assets

         Pada akhir setiap tahun pelaporan, Grup                          At the end of each reporting period, the
         menelaah nilai tercatat aset non-keuangan                        Group reviews the carrying amount of non-
         untuk menentukan apakah terdapat indikasi                        financial assets to determine whether there
         bahwa aset tersebut telah mengalami                              is any indication that those assets have
         penurunan nilai. Jika terdapat indikasi                          suffered an impairment loss. If any such
         tersebut, jumlah terpulihkan dari aset                           indication exists, the recoverable amount of
         diestimasi    untuk    menentukan       tingkat                  the asset is estimated in order to determine
         kerugian penurunan nilai (jika ada). Bila                        the extent of the impairment loss (if any).
         tidak memungkinkan untuk mengestimasi                            Where it is not possible to estimate the
         jumlah     terpulihkan   atas     suatu    aset                  recoverable amount of an individual asset,
         individual, Grup mengestimasi jumlah                             the Group estimates the recoverable amount
         terpulihkan dari unit penghasil kas atas aset.                   of the cash generating unit to which the asset
         Ketika dasar alokasi yang wajar dan                              belongs. When a reasonable and consistent
         konsisten      dapat    diidentifikasi,    aset                  basis of allocation can be identified,
         perusahaan juga dialokasikan ke masing-                          corporate assets are also allocated to
         masing kelompok unit penghasil kas, atau                         individual    cash-generating     units,    or
         sebaliknya mereka dialokasikan ke kelompok                       otherwise they are allocated to the smallest
         terkecil dari kelompok unit penghasil kas di                     group of cash-generating units for which a
         mana dasar alokasi yang wajar dan konsisten                      reasonable and consistent allocation basis
         dapat diidentifikasi.                                            can be identified.

         Jumlah terpulihkan adalah nilai tertinggi                        Recoverable amount is the higher of fair
         antara nilai wajar dikurangi biaya pelepasan                     value less cost to sell and value in use. In
         dan nilai pakai. Dalam menilai nilai pakainya,                   assessing value in use, the estimated future
         estimasi arus kas masa depan didiskontokan                       cash flows are discounted to their present
         ke nilai kini menggunakan tingkat diskonto                       value using a pre-tax discount rate that
         sebelum      pajak    yang    menggambarkan                      reflects current market assessments of the
         penilaian pasar kini dari nilai waktu uang dan                   time value of money and the risks specific to
         risiko spesifik atas aset dengan estimasi arus                   the asset for which the estimates of future
         kas masa depan belum disesuaikan.                                cash flows have not been adjusted.




                                                           - 46 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Jika jumlah terpulihkan dari aset non-                          If the recoverable amount of the non-
         keuangan (unit penghasil kas) lebih kecil dari                  financial asset (cash generating unit) is less
         nilai tercatatnya, nilai tercatat aset (unit                    than its carrying amount, the carrying
         penghasil kas) diturunkan menjadi sebesar                       amount of the asset (cash generating unit) is
         jumlah terpulihkan dan rugi penurunan nilai                     reduced to its recoverable amount and an
         segera diakui dalam laba rugi.                                  impairment loss is recognized immediately in
                                                                         profit or loss.

         Ketika penurunan nilai selanjutnya dibalik,                     When an impairment loss subsequently
         jumlah tercatat aset (atau unit penghasil                       reverses, the carrying amount of the asset
         kas) ditingkatkan ke estimasi yang direvisi                     (or a cash generating unit) is increased to the
         dari jumlah terpulihkannya, namun kenaikan                      revised estimate of its recoverable amount,
         jumlah tercatat tidak boleh melebihi jumlah                     but so that the increased carrying amount
         tercatat ketika kerugian penurunan nilai                        does not exceed the carrying amount that
         tidak diakui untuk aset (atau unit penghasil                    would have been determined had no
         kas)    pada    tahun-tahun    sebelumnya.                      impairment loss been recognized for the
         Pembalikan rugi penurunan nilai diakui                          asset (or cash generating unit) in prior years.
         segera dalam laba rugi.                                         A reversal of an impairment loss is
                                                                         recognized immediately in profit or loss.

         Kebijakan akuntansi untuk penurunan nilai                       Accounting policy for impairment of financial
         aset keuangan dijelaskan dalam Catatan 3h.                      assets is discussed in Note 3h.

    q.   Provisi                                                    q.   Provisions

         Provisi   diakui    ketika   Grup    memiliki                   Provisions are recognized when the Group
         kewajiban kini (baik bersifat hukum maupun                      has    a   present obligation       (legal   or
         bersifat konstruktif) sebagai akibat peristiwa                  constructive) as a result of a past event, it is
         masa lalu, kemungkinan besar Grup                               probable that the Group will be required to
         diharuskan menyelesaikan kewajiban dan                          settle the obligation, and a reliable estimate
         estimasi yang andal mengenai jumlah                             can be made of the amount of the obligation.
         kewajiban tersebut dapat dibuat.

         Jumlah yang diakui sebagai provisi adalah                       The amount recognized as a provision is the
         hasil estimasi terbaik pengeluaran yang                         best estimate of the consideration required
         diperlukan untuk menyelesaikan kewajiban                        to settle the present obligation at the end of
         kini pada akhir tahun pelaporan, dengan                         the reporting period, taking into account the
         mempertimbangkan           risiko       dan                     risks and uncertainties surrounding the
         ketidakpastian yang meliputi kewajibannya.                      obligation. Where a provision is measured
         Apabila suatu provisi diukur menggunakan                        using the cash flows estimated to settle the
         arus    kas   yang    diperkirakan    untuk                     present obligation, its carrying amount is the
         menyelesaikan kewajiban kini, maka nilai                        present value of those cash flows (when the
         tercatatnya adalah nilai kini dari arus kas                     effect of time value of money is material).
         (ketika pengaruh nilai waktu uang bersifat
         material).

         Ketika beberapa atau seluruh manfaat                            When some or all of the economic benefits
         ekonomi untuk penyelesaian provisi yang                         required to settle a provision are expected to
         diharapkan dapat dipulihkan dari pihak                          be recovered from a third party, a receivable
         ketiga, piutang diakui sebagai aset apabila                     is recognized as an asset if it is virtually
         terdapat kepastian bahwa penggantian akan                       certain that reimbursement will be received
         diterima dan jumlah piutang dapat diukur                        and the amount of the receivable can be
         secara andal.                                                   measured reliably.

    r.   Pengakuan Pendapatan                                       r.   Revenue Recognition

         Penjualan daya listrik dan pendapatan jasa                      Sales of electricity    and other electrical
         kelistrikan lainnya                                             service revenue

         Pendapatan       penjualan    listrik  diakui                   Revenue from sale of electricity is recognized
         berdasarkan pemakaian energi listrik (kWh).                     based on electricity usage (kWh). Generally,
         Umumnya, pelanggan dapat membeli token                          customers can buy their own token (prepaid)
         mereka sendiri (prabayar) atau ditagih                          or are billed monthly (postpaid). For postpaid
         setiap bulan (pascabayar). Untuk pelanggan                      customers, revenue from sales of electricity
         pascabayar, pendapatan dari penjualan                           is recognized monthly based on meter-
         listrik diakui setiap bulan berdasarkan hasil                   reading result of each customer. For prepaid
         baca meter atas pemakaian pelanggan.                            customers, the Group recognizes the revenue
         Untuk pelanggan prabayar, Grup mengakui                         based on their estimated usage during the
         pendapatan berdasarkan estimasi jumlah                          period.
         penggunaan token pelanggan pada periode
         tertentu.




                                                          - 47 -
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PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


         Grup mengakui liabilitas atas saldo atas                       Group recognizes liability on the balance of
         uang yang telah diterima di muka dari                          funds received in advance from customers
         pelanggan    namun     belum   memenuhi                        but not yet meet the revenue recognition
         persyaratan pengakuan pendapatan sebagai                       criteria as “Unearned revenue”.
         ”Pendapatan diterima di muka”.

         Pendapatan jasa kelistrikan lainnya diakui                     Electrical service revenue is recognized when
         ketika pekerjaan atas jasa seperti layanan                     the work of services, such as operation and
         operasi dan pemeliharaan, layanan teknik                       maintenance services, electrical engineering
         kelistrikan, workshop, dan lainnya telah                       services, workshops, and others, have
         memenuhi pekerjaan berdasarkan tahap                           completed the work based on the stage of
         penyelesaian kontrak.                                          completion of the contract.

         Pendapatan jasa     sewa   kapal   dan   jasa                  Time charter service and freight revenue
         angkutan kapal                                                 from vessel

         Pendapatan dari jasa sewa kapal dan jasa                       Revenue on time charter service and freight
         angkutan kapal diakui pada saat penyerahan                     are recognized when services are rendered
         jasa kepada pelanggan (suatu periode                           to the customers (over time). If the vessel
         waktu). Jika pendapatan dari jasa sewa                         time charter and freight revenue covers
         kapal dan jasa angkutan mencakup lebih dari                    more than one accounting period, then
         satu periode akuntansi maka pengakuan                          revenue is recognized proportionally over the
         pendapatan diakui secara proporsional                          period covered.
         sesuai dengan periode yang dicakup.

         Pendapatan sewa tangki dan dermaga                             Tank and jetty rental revenue

         Kebijakan akuntansi untuk pendapatan sewa                      Accounting policies for tank and jetty lease
         tangki dan dermaga diungkapkan dalam                           revenue are disclosed in Note 3o.
         Catatan 3o.

         Penjualan lainnya                                              Other services

         Penjualan lainnya merupakan kontribusi dari                    Other services are contributed from sales of
         penjualan bahan bakar minyak (“BBM”).                          fuel. Revenue from sales of fuel is measured
         Pendapatan      penjualan   BBM     diakui                     based on the consideration to which KSE
         berdasarkan imbalan yang KSE perkirakan                        expects to be entitled in a contract with a
         menjadi haknya dalam kontrak dengan                            customer and excludes amounts collected on
         pelanggan dan tidak termasuk jumlah yang                       behalf of third parties. KSE recognizes
         ditagih atas nama pihak ketiga. KSE                            revenue when it transfers control of a
         mengakui pendapatan ketika mengalihkan                         product or service to a customer.
         pengendalian barang atau jasa kepada
         pelanggan.

         Pendapatan diakui pada saat BBM berpindah                      Revenue is recognized when the fuel changes
         tangan dari KSE ke pelanggan. Penentuan                        hands from KSE to the customer. Pricing is
         harga ditentukan oleh PT Pertamina Patra                       determined by PT Pertamina Patra Niaga as
         Niaga sebagai pemasok utama bahan bakar                        the main supplier of fuel oil in Indonesia.
         minyak di Indonesia.

    s.   Imbalan Kerja                                             s.   Employee Benefits

         Imbalan kerja jangka pendek                                    Short-term employee benefits

         Liabilitas diakui atas manfaat yang menjadi                    A liability is recognized for benefits accruing
         hak karyawan sehubungan dengan upah dan                        to employees in respect of wages and
         gaji, cuti tahunan dan cuti sakit dalam                        salaries, annual leave and sick leave in the
         periode di mana jasa terkait diserahkan,                       period the related service is rendered at the
         sebesar jumlah yang tidak didiskontokan                        undiscounted amount of the benefit expected
         dari pembayaran manfaat ekspektasian                           to be paid in exchange for that service.
         sebagai imbalan atas jasa tersebut.

         Hak karyawan atas cuti tahunan diakui                          Employee entitlements to annual leave are
         ketika karyawan mendapat hak. Provisi                          recognized when they accrue to employees.
         dibuat untuk liabilitas cuti tahunan akibat                    A provision is made for the estimated liability
         jasa yang diserahkan oleh karyawan sampai                      for annual leave as a result of services
         tanggal periode pelaporan.                                     rendered by employees up to the end of the
                                                                        reporting period.




                                                         - 48 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


        Imbalan pascakerja program pensiun iuran                        Defined contribution pension plan
        pasti

        Pembayaran kepada program manfaat                               Payments to defined contribution retirement
        pensiun iuran pasti dibebankan ketika                           benefit plans are charged as an expense
        karyawan telah menyerahkan jasa yang                            when employees have rendered the services
        memberikan hak kepada karyawan atas                             entitling them to the contributions.
        iuran.

        Imbalan pascakerja program imbalan pasti                        Defined benefit plan

        Grup membukukan imbalan pasca kerja                             The Group provides post-employment
        imbalan pasti untuk karyawan sesuai                             benefits as required under Labor Law
        dengan Undang-Undang Ketenagakerjaan                            No. 13/2003 (the “Labor Law”) and Job
        No. 13/2003 dan Undang-Undang Cipta                             Creation Law No. 11/2020. For normal
        Kerja No. 11/2020. Grup menghitung selisih                      pension scheme, the Group calculates and
        antara imbalan yang diterima karyawan                           recognizes the higher of the benefits under
        berdasarkan undang-undang yang berlaku                          the Labor Law and those under such pension
        dengan manfaat yang diterima dari program                       plan.
        asuransi untuk pensiun normal.

        Grup melakukan pendanaan untuk imbalan                          The Group made funding of this benefit
        ini yang dikelola oleh sebuah perusahaan                        through an investment fund being managed
        asuransi.   Pendanaan     tersebut  tidak                       by an insurance company. Such funding does
        memenuhi syarat sebagai aset program.                           not qualify as a plan asset.

        Biaya    penyediaan      imbalan    ditentukan                  The cost of providing benefits is determined
        dengan menggunakan metode projected unit                        using the projected unit credit method, with
        credit dengan penilaian aktuaria yang                           actuarial valuations being carried out at the
        dilakukan pada setiap akhir periode                             end of each annual reporting period.
        pelaporan tahunan. Pengukuran kembali,                          Remeasurement, comprising actuarial gains
        terdiri dari keuntungan dan kerugian                            and losses, is reflected immediately in the
        aktuarial, tercermin langsung dalam laporan                     consolidated statements of financial position
        posisi    keuangan       konsolidasian    yang                  with a charge or credit recognized in other
        dibebankan atau dikreditkan ke penghasilan                      comprehensive income in the period in which
        komprehensif      lain    periode   terjadinya.                 they occur. Remeasurement recognized in
        Pengukuran        kembali      diakui    dalam                  other comprehensive income is reflected as
        penghasilan komprehensif lain tercermin                         a separate item under other comprehensive
        sebagai pos terpisah pada penghasilan                           income in equity and will not be reclassified
        komprehensif lain di ekuitas dan tidak                          to profit or loss.
        direklasifikasi ke laba rugi.

        Biaya jasa lalu diakui dalam laba rugi ketika                   Past service cost is recognized in profit or
        terjadi      amandemen       program      atau                  loss when the plan amendment or
        kurtailmen, atau ketika Grup mengakui                           curtailment occurs, or when the Group
        biaya restrukturisasi terkait atau pesangon,                    recognizes related restructuring costs or
        jika lebih dahulu. Bunga neto dihitung                          termination benefits, if earlier. Net interest is
        dengan mengalikan tingkat diskonto dengan                       calculated by applying a discount rate to the
        liabilitas atau aset imbalan pasti neto. Biaya                  net defined benefit liability or asset. Defined
        imbalan pasti dibagi menjadi tiga kategori:                     benefit costs are in to three categories:

        •   Biaya jasa (termasuk biaya jasa kini,                       •   Service cost (including current service
            biaya jasa lalu serta keuntungan dan                            cost, past service cost, as well as gains
            kerugian kurtailmen dan penyelesaian).                          and    losses   on    curtailments   and
                                                                            settlements).

        •   Beban atau pendapatan bunga neto.                           •   Net interest expense or income.

        •   Pengukuran kembali.                                         •   Remeasurement.

        Grup menyajikan dua komponen pertama                            The Group presents the first two components
        dari biaya imbalan pasti di laba rugi.                          of defined benefit costs in profit or loss.
        Keuntungan dan kerugian kurtailmen dicatat                      Curtailment gains and losses are accounted
        sebagai biaya jasa lalu.                                        for as past service costs.




                                                          - 49 -
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PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


         Kewajiban imbalan pensiun yang diakui pada                     The retirement benefit obligation recognized
         laporan posisi keuangan konsolidasian                          in the consolidated statement of financial
         merupakan defisit atau surplus aktual dalam                    position represents the actual deficit or
         program imbalan pasti Grup. Surplus yang                       surplus in the Group’s defined benefit plans.
         dihasilkan dari perhitungan ini terbatas pada                  Any surplus resulting from this calculation is
         nilai kini manfaat ekonomik yang tersedia                      limited to the present value of any economic
         dalam bentuk pengembalian dana program                         benefits available in the form of refunds from
         dan pengurangan iuran masa depan ke                            the    plans    or    reductions    in  future
         program.                                                       contributions to the plans.

         Grup mengakui haknya dalam penggantian                         The    Group    recognizes    its  right   to
         berdasarkan polis asuransi sebagai aset                        reimbursement under the insurance policy as
         terpisah, yang diukur sebesar nilai wajarnya.                  a separate assets, which is measured at fair
         Dalam laporan laba rugi dan penghasilan                        value. In the consolidated statement of profit
         komprehensif lain konsolidasian, beban                         or loss and other comprehensive income, the
         terkait dengan program imbalan pasti dapat                     expense relating to a defined benefit plan is
         disajikan secara neto setelah dikurangkan                      presented net of the amount recognized for
         dengan     jumlah    yang    diakui    dalam                   a reimbursement.
         penggantian.

         Imbalan kerja jangka panjang lain                              Other long-term employee benefits

         Liabilitas yang diakui sehubungan dengan                       Liabilities recognized in respect of other long-
         imbalan kerja jangka panjang lain diukur                       term employee benefits are measured at the
         pada nilai kini estimasi arus kas keluar masa                  present value of the estimated future cash
         depan yang diharapkan akan dilakukan oleh                      outflows expected to be made by the Group
         Grup sehubungan dengan jasa yang diberikan                     in respect of services provided by employees
         oleh karyawan hingga tanggal pelaporan.                        up to the reporting date.

         Pesangon                                                       Termination

         Liabilitas untuk pesangon diakui mana yang                     A liability for a termination benefit is
         terjadi lebih dulu ketika entitas tidak dapat                  recognized at the earlier of when the entity
         lagi menarik penawaran imbalan tersebut                        can no longer withdraw the offer of the
         dan     ketika   entitas   mengakui     biaya                  termination benefit and when the entity
         restrukturisasi terkait.                                       recognizes any related restructuring costs.

    t.   Pajak Penghasilan                                         t.   Income Tax

         Beban pajak penghasilan merupakan jumlah                       Income tax expense represents the sum of
         pajak kini terutang dan pajak tangguhan.                       the tax currently payable and deferred tax.

         Pajak kini                                                     Current Tax

         Pajak kini terutang berdasarkan laba kena                      The current tax payable is based on taxable
         pajak untuk suatu tahun. Laba kena pajak                       profit for the year. Taxable profit differs from
         berbeda dari laba sebelum pajak seperti                        net profit as reported in profit or loss because
         yang dilaporkan di laba rugi karena tidak                      it excludes items of income or expense that
         memperhitungkan penghasilan atau beban                         are taxable or deductible in other years and
         yang dikenakan pajak atau dikurangkan pada                     it further excludes items that are never
         tahun berbeda dan tidak memperhitungkan                        taxable or deductible. The Group’s liability
         pos-pos yang tidak pernah dikenakan pajak                      for current tax is calculated using tax rates
         atau tidak dapat dikurangkan. Liabilitas Grup                  that have been enacted or substantively
         untuk pajak kini dihitung berdasarkan tarif                    enacted by the end of the reporting period.
         pajak yang telah berlaku pada akhir tahun
         pelaporan.

         Provisi diakui untuk penentuan pajak yang                      A provision is recognized for those matters
         tidak pasti, tetapi kemungkinan besar akan                     for which the tax determination is uncertain
         mengakibatkan arus keluar dana kepada                          but it is considered probable that there will
         otoritas pajak. Provisi diukur sebesar                         be a future outflow of funds to a tax
         estimasi terbaik atas jumlah ekspektasian                      authority. The provisions are measured at
         yang terhutang. Penilaian berdasarkan pada                     the best estimate of the amount expected to
         pertimbangan professional pajak dalam Grup                     become payable. The assessment is based
         yang didukung dengan pengalaman lalu atas                      on the judgement of tax professionals within
         aktivitas tersebut.                                            the Group supported by previous experience
                                                                        in respect of such activities.




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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


        Pajak tangguhan                                                 Deferred Tax

        Pajak tangguhan diakui atas perbedaan                           Deferred tax is recognized on temporary
        temporer antara jumlah tercatat aset dan                        differences between the carrying amounts of
        liabilitas     dalam    laporan    keuangan                     assets and liabilities in the consolidated
        konsolidasian dengan dasar pengenaan                            financial statements and the corresponding
        pajak yang digunakan dalam perhitungan                          tax bases used in the computation of taxable
        laba kena pajak. Liabilitas pajak tangguhan                     profit. Deferred tax liabilities are generally
        umumnya diakui untuk seluruh perbedaan                          recognized for all taxable temporary
        temporer kena pajak. Aset pajak tangguhan                       differences. Deferred tax assets are
        umumnya diakui untuk seluruh perbedaan                          generally recognized for all deductible
        temporer yang dapat dikurangkan sepanjang                       temporary differences to the extent that is
        kemungkinan besar bahwa laba kena pajak                         probable that taxable profits will be available
        akan tersedia sehingga perbedaan temporer                       against which those deductible temporary
        dapat dimanfaatkan. Aset dan liabilitas pajak                   differences can be utilized. Such deferred tax
        tangguhan tidak diakui jika perbedaan                           assets and liabilities are not recognized if the
        temporer timbul dari pengakuan awal (selain                     temporary differences arises from the initial
        dari kombinasi bisnis) dari aset dan liabilitas                 recognition (other than in a business
        suatu transaksi yang tidak mempengaruhi                         combination) of assets and liabilities in a
        laba kena pajak atau laba akuntansi. Selain                     transaction that affects neither the taxable
        itu, liabilitas pajak tangguhan tidak diakui                    profit nor the accounting profit. In addition,
        jika perbedaan temporer timbul dari                             deferred tax liabilities are not recognized if
        pengakuan awal goodwill.                                        the temporary differences arises from the
                                                                        initial recognition of goodwill.

        Aset dan liabilitas pajak tangguhan diukur                      Deferred tax assets and liabilities are
        dengan menggunakan tarif pajak yang                             measured at the tax rates that are expected
        diharapkan berlaku dalam periode ketika                         to apply in the period in which the liability is
        liabilitas diselesaikan atau aset dipulihkan                    settled or the asset realized, based on the
        berdasarkan tarif pajak (dan peraturan                          tax rates (and tax laws) that have been
        pajak) yang telah berlaku atau secara                           enacted, or substantively enacted, by the
        substantif telah berlaku pada akhir tahun                       end of the reporting period.
        pelaporan.

        Pengukuran aset dan liabilitas pajak                            The measurement of deferred tax assets and
        tangguhan     mencerminkan        konsekuensi                   liabilities reflects the tax consequences that
        pajak yang sesuai dengan cara Grup                              would follow from the manner in which the
        memperkirakan, pada akhir tahun pelaporan,                      Group expects, at the end of the reporting
        untuk memulihkan atau menyelesaikan                             period, to recover or settle the carrying
        jumlah tercatat aset dan liabilitasnya.                         amount of their assets and liabilities.

        Jumlah tercatat aset pajak tangguhan                            The carrying amount of deferred tax asset is
        ditelaah ulang pada akhir tahun pelaporan                       reviewed at the end of each reporting period
        dan dikurangi jumlah tercatatnya jika                           and reduced to the extent that it is no longer
        kemungkinan besar laba kena pajak tidak                         probable that sufficient taxable profits will be
        lagi tersedia dalam jumlah yang memadai                         available to allow all or part of the asset to
        untuk mengkompensasikan sebagian atau                           be recovered.
        seluruh aset pajak tangguhan tersebut.

        Pajak kini dan pajak tangguhan diakui                           Current and deferred tax are recognized as
        sebagai beban atau penghasilan dalam laba                       an expense or income in profit or loss, except
        rugi tahun berjalan, kecuali untuk pajak                        when they relate to items that are recognized
        penghasilan yang timbul dari transaksi atau                     outside of profit or loss (whether in other
        peristiwa yang diakui di luar laba rugi (baik                   comprehensive income or directly in equity),
        dalam    penghasilan    komprehensif      lain                  in which case the tax is also recognized
        maupun secara langsung di ekuitas), dalam                       outside of profit or loss, or where they arise
        hal tersebut pajak juga diakui di luar laba                     from the initial accounting for a business
        rugi, atau yang timbul dari akuntansi awal                      combination. In the case of a business
        kombinasi bisnis. Dalam hal kombinasi                           combination, the tax effect is included in the
        bisnis, pengaruh pajak termasuk dalam                           accounting for the business combination.
        akuntansi kombinasi bisnis.




                                                          - 51 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Aset dan liabilitas pajak tangguhan saling                      Deferred tax assets and liabilities are offset
         hapus ketika entitas memiliki hak yang dapat                    when there is legally enforceable right to set
         dipaksakan secara hukum untuk melakukan                         off current tax assets against current tax
         saling hapus aset pajak kini terhadap                           liabilities and when they relate to income
         liabilitas pajak kini dan ketika aset pajak                     taxes levied by the same taxation authority
         tangguhan dan liabilitas pajak tangguhan                        on either the same taxable entity or different
         terkait dengan pajak penghasilan yang                           taxable entities when there is an intention to
         dikenakan oleh otoritas perpajakan yang                         settle its current tax assets and current tax
         sama atas entitas kena pajak yang sama                          liabilities on a net basis, or to realize the
         atau entitas kena pajak yang berbeda yang                       assets       and      settle   the     liabilities
         memiliki intensi untuk memulihkan aset dan                      simultaneously, in each future period in
         liabilitas pajak kini dengan dasar neto, atau                   which significant amounts of deferred tax
         merealisasikan aset dan menyelesaikan                           liabilities or assets are expected to be settled
         liabilitas secara bersamaan, pada setiap                        or recovered.
         periode masa depan dimana jumlah
         signifikan atas aset atau liabilitas pajak
         tangguhan diharapkan untuk diselesaikan
         atau dipulihkan.

    u.   Laba per Saham                                             u.   Earnings per Share

         Laba per saham dasar dihitung dengan                            Basic earnings per share is computed by
         membagi laba bersih yang diatribusikan                          dividing net income attributable to the
         kepada pemilik entitas induk dengan jumlah                      owners of the Company by the weighted
         rata-rata tertimbang saham yang beredar                         average number of shares outstanding
         pada tahun yang bersangkutan.                                   during the year.

    v.   Informasi Segmen                                           v.   Segment Information

         Segmen operasi diidentifikasi berdasarkan                       Operating segments are identified on the
         laporan internal mengenai komponen dari                         basis of internal reports about components
         Grup yang secara regular direviu oleh                           of the Group that are regularly reviewed by
         pengambil keputusan operasional dalam                           the chief operating decision maker in order
         rangka mengalokasikan sumber daya dan                           to allocate resources to the segments and to
         menilai kinerja segmen operasi.                                 assess their performances.

         Segmen operasi adalah suatu komponen dari                       An operating segment is a component of an
         entitas:                                                        entity:

         a.   yang terlibat dalam aktivitas bisnis yang                  a.   that engages in business activities from
              mana memperoleh pendapatan dan                                  which it may earn revenues and incurred
              menimbulkan        beban       (termasuk                        expenses (including revenues and
              pendapatan dan beban terkait dengan                             expenses relating to the transactions
              transaksi dengan komponen lain dari                             with other components of the same
              entitas yang sama);                                             entity);

         b.   yang hasil operasinya dikaji ulang secara                  b.   whose operating results are reviewed
              regular oleh pengambil keputusan                                regularly by the entity’s chief operating
              operasional untuk membuat keputusan                             decision maker to make decision about
              tentang sumber daya yang dialokasikan                           resources to be allocated to the
              pada segmen tersebut dan menilai                                segments and assess its performance;
              kinerjanya; dan                                                 and

         c.   dimana tersedia informasi keuangan                         c.   for which discrete financial information is
              yang dapat dipisahkan.                                          available.

         Informasi yang digunakan oleh pengambil                         Information reported to the chief operating
         keputusan operasional dalam rangka alokasi                      decision maker for the purpose of resource
         sumber daya dan penilaian kinerja mereka                        allocation and assessment of performance is
         terfokus pada kategori dari setiap produk.                      more specifically focused on the category of
                                                                         each product.




                                                          - 52 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


4.   PERTIMBANGAN KRITIS AKUNTANSI DAN                          4.   CRITICAL ACCOUNTING JUDGMENTS AND
     SUMBER UTAMA KETIDAKPASTIAN ESTIMASI                            KEY     SOURCES   OF    ESTIMATION
                                                                     UNCERTAINTY

     Dalam penerapan kebijakan akuntansi Grup, yang                  In the application of the Group’s accounting
     dijelaskan dalam Catatan 3, direksi diwajibkan                  policies, which are described in Note 3, the
     untuk membuat pertimbangan, estimasi dan                        directors are required to make judgments,
     asumsi tentang jumlah tercatat aset dan liabilitas              estimates and assumptions about the carrying
     yang tidak tersedia dari sumber lain. Estimasi dan              amounts of assets and liabilities that are not
     asumsi terkait didasarkan pada pengalaman                       readily apparent from other sources. The
     historis dan faktor-faktor lain yang dianggap                   estimates and associated assumptions are based
     relevan. Hasil aktualnya mungkin berbeda dari                   on historical experience and other factors that are
     estimasi tersebut.                                              considered to be relevant. Actual results may
                                                                     differ from these estimates.

     Estimasi dan asumsi yang mendasari ditelaah                     The estimates and underlying assumptions are
     secara berkelanjutan. Revisi estimasi akuntansi                 reviewed on an ongoing basis. Revisions to
     diakui dalam periode dimana estimasi tersebut                   accounting estimates are recognized in the period
     direvisi jika revisi hanya mempengaruhi periode                 which the estimate is revised if the revision affects
     tersebut, atau pada periode revisi dan periode                  only that period, or in the period of the revision
     masa depan jika revisi mempengaruhi periode                     and future periods if the revision affects both
     saat ini dan masa depan.                                        current and future periods.

     Pertimbangan   Kritis       dalam     Penerapan                 Critical Judgments in Applying Accounting
     Kebijakan Akuntansi                                             Policies

     Manajemen berpendapat bahwa setiap penerapan                    Management is of the opinion that any instances
     pertimbangan     tidak   diharapkan    memiliki                 of application of judgements are not expected to
     pengaruh signifikan terhadap jumlah yang diakui                 have a significant effect on the amounts
     dalam laporan keuangan konsolidasian.                           recognized     in   the  consolidated   financial
                                                                     statements.

     Sumber Utama Ketidakpastian Estimasi                            Key Sources of Estimation Uncertainty

     Asumsi utama mengenai masa depan dan sumber                     The key assumptions concerning future and other
     utama ketidakpastian estimasi lainnya pada akhir                key sources of estimation uncertainty at the end
     tahun pelaporan, yang memiliki risiko signifikan                of the reporting period, that may have a
     yang mengakibatkan penyesuaian             material             significant risk of causing a material adjustment
     terhadap jumlah tercatat aset dan liabilitas dalam              to the carrying amounts of assets and liabilities
     tahun pelaporan berikutnya dijelaskan di bawah                  within the next financial period are discussed
     ini:                                                            below:

     Cadangan Kerugian Kredit Piutang Usaha                          Allowance for Credit Loss on Trade Accounts
                                                                     Receivable

     Saat mengukur ECL, Grup menggunakan                             When measuring ECL, the Group uses reasonable
     informasi masa depan yang wajar dan dapat                       and supportable forward-looking information,
     didukung, yang didasarkan pada asumsi untuk                     which is based on assumptions for the future
     pergerakan masa depan dari berbagai pendorong                   movement of different economic drivers and how
     ekonomi dan bagaimana penggerak ini akan saling                 these drivers will affect each other.
     mempengaruhi.

     Loss given default adalah estimasi kerugian yang                Loss given default is an estimate of the loss arising
     timbul   karena    gagal    bayar.   Perhitungan                on default. It is based on the difference between
     didasarkan pada perbedaan antara arus kas                       the contractual cash flows due and those that the
     kontraktual terutang dan yang diharapkan akan                   lender would expect to receive, taking into
     diterima, dengan mempertimbangkan arus kas                      account cash flows from collateral and integral
     dari agunan dan peningkatan kredit integral.                    credit enhancements.




                                                           - 53 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


     Probability of default merupakan input utama                    Probability of default constitutes a key input in
     dalam mengukur ECL. Probability of default adalah               measuring ECL. Probability of default is an
     perkiraan kemungkinan gagal bayar selama                        estimate of the likelihood of default over a given
     jangka waktu tertentu, yang penghitungannya                     time horizon, the calculation of which includes
     mencakup data historis, asumsi, dan ekspektasi                  historical data, assumptions and expectations of
     kondisi masa depan.                                             future conditions.

     Nilai tercatat cadangan kerugian kredit piutang                 The carrying value of allowance for credit loss on
     usaha diungkapkan dalam Catatan 7.                              trade accounts receivable is disclosed in Note 7.

     Taksiran Masa Manfaat Ekonomis Aset Tetap                       Estimated Useful Lives of Property, Plant and
                                                                     Equipment

     Masa manfaat setiap aset tetap Grup ditentukan                  The useful life of each item of the Group’s
     berdasarkan periode kegunaan yang diharapkan                    property, plant and equipment are estimated
     dari aset tersebut. Estimasi ini ditentukan                     based on the period over which the asset is
     berdasarkan pengalaman atas aset sejenis. Masa                  expected to be available for use. Such estimation
     manfaat setiap aset direviu secara periodik dan                 is based on experience with similar assets. The
     disesuaikan apabila prakiraan berbeda dengan                    estimated useful life of each asset is reviewed
     estimasi sebelumnya karena keausan, keusangan                   periodically and updated if expectations differ
     teknis dan komersial, hukum atau keterbatasan                   from previous estimates due to physical wear and
     lainnya atas pemakaian aset. Namun terdapat                     tear, technical or commercial obsolescence and
     kemungkinan bahwa hasil operasi di masa                         legal or other limits on the use of the asset. It is
     mendatang dapat dipengaruhi secara signifikan                   possible, however, that future results of
     oleh perubahan atas jumlah serta periode                        operations could be materially affected by
     pencatatan biaya yang diakibatkan karena                        changes in the amounts and timing of recorded
     perubahan faktor yang disebutkan di atas.                       expenses brought about by changes in the factors
                                                                     mentioned above.

     Perubahan masa manfaat aset tetap dapat                         A change in the estimated useful life of any item
     mempengaruhi jumlah beban penyusutan yang                       of property, plant and equipment would affect the
     diakui dan nilai tercatat aset tersebut.                        recorded depreciation expense and decrease in
                                                                     the carrying amounts of these assets.

     Nilai tercatat aset tetap diungkapkan dalam                     The carrying value of property,         plant   and
     Catatan 10.                                                     equipment is disclosed in Note 10.


5.   PENYAJIAN KEMBALI LAPORAN KEUANGAN                         5.   RESTATEMENT    OF    PRIOR    YEARS’
     KONSOLIDASIAN                                                   CONSOLIDATED FINANCIAL STATEMENTS

     Pada tahun 2025, Perusahaan memperoleh                          In 2025, the Company acquired ownership
     kepemilikan saham atas CIP yang sebelumnya                      interest in CIP which was previously owned by
     dimiliki oleh PT Barito Pacific Tbk, entitas induk              PT Barito Pacific Tbk, ultimate parent entity. The
     utama Grup. Transaksi ini merupakan kombinasi                   transaction constituted a business combination
     bisnis    antara   entitas    sepengendali     dan              among entities under common control and has
     diperlakukan dengan cara yang sama dengan                       been accounted in a manner similar to the pooling
     metode      penyatuan     kepemilikan.     Laporan              of interest method. The consolidated financial
     keuangan       konsolidasian     untuk      tanggal             statements as of December 31, 2024 and
     31 Desember 2024 dan tanggal 1 Januari 2024                     January 1, 2024 have been combined and
     telah digabung dan disajikan kembali seolah-olah                restated as if the entities had been combined from
     entitas telah bergabung sejak periode dimana                    the period when the merging entities were placed
     entitas    yang    bergabung      berada     dalam              under common control (i.e. prior to January 1,
     sepengendalian (yaitu sebelum 1 Januari 2024).                  2024). For presentation purposes, the equity in
     Untuk tujuan penyajian, ekuitas entitas anak                    the subsidiary as of December 31, 2024 and
     tanggal 31 Desember 2024 dan 1 Januari 2024                     January 1, 2024 are presented as “Equity in
     disajikan dalam akun ”Ekuitas entitas anak yang                 subsidiary resulting from business combination” in
     berasal dari kombinasi bisnis” dalam laporan                    the consolidated statements of financial position.
     posisi keuangan konsolidasian.




                                                           - 54 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                              THEN ENDED
(Lanjutan)                                                                                                              (Continued)

                                                                   31 Desember/December 31, 2024
                                                   Dilaporkan       Entitas anak
                                                  sebelumnya/      yang diakuisisi/                    Disajikan
                                                  As previously      Subsidiary     Penyesuaian/       kembali/
                                                    reported          acquired      Adjustments       As restated
                                                       US$              US$             US$               US$

   LAPORAN POSISI KEUANGAN                                                                                            CONSOLIDATED STATEMENT
     KONSOLIDASIAN                                                                                                     OF FINANCIAL POSITION
   ASET                                                                                                               ASSETS

   ASET LANCAR                                                                                                        CURRENT ASSETS
   Kas dan setara kas                               179.976.037         268.284           -             180.244.321   Cash and cash equivalents
   Piutang usaha - bersih                            18.056.292         -                 -              18.056.292   Trade accounts receivable - net
   Piutang lain-lain                                  9.010.250         -                 -               9.010.250   Other accounts receivable
   Persediaan                                         1.151.969         -                 -               1.151.969   Inventories
   Pajak dibayar di muka                              2.541.937         -                 -               2.541.937   Prepaid taxes
   Aset lancar lainnya                               26.072.771         -                 -              26.072.771   Other current assets
                                                    236.809.256         268.284           -             237.077.540
   Aset tidak lancar yang dimiliki untuk dijual      26.222.792         -                 -              26.222.792   Non-current assets held-for-sale

   Jumlah Aset Lancar                               263.032.048         268.284           -             263.300.332   Total Current Assets

   ASET TIDAK LANCAR                                                                                                  NON-CURRENT ASSETS
   Piutang pinjaman kepada pihak berelasi            38.395.991          -                -              38.395.991   Loan receivable to a related party
   Investasi pada entitas asosiasi                  139.226.671        4.482.428          -             143.709.099   Investment in associates
   Aset hak-guna - bersih                                86.794          -                -                  86.794   Right-of-use assets - net
   Aset tetap - bersih                              186.873.422          -                -             186.873.422   Property, plant and equipment - net
   Properti investasi                                 4.550.511          -                -               4.550.511   Investment properties
   Klaim atas pengembalian pajak                        610.042          -                -                 610.042   Claims for tax refund
   Goodwill                                           2.827.633          -                -               2.827.633   Goodwill
   Investasi pada aset keuangan lainnya             436.801.069          -                -             436.801.069   Investment in other financial assets
   Aset tidak lancar lainnya                          3.383.825          -                -               3.383.825   Other non-current assets

   Jumlah Aset Tidak Lancar                         812.755.958        4.482.428          -             817.238.386   Total Non-current Assets

   JUMLAH ASET                                    1.075.788.006        4.750.712          -           1.080.538.718   TOTAL ASSETS

   LIABILITAS DAN EKUITAS                                                                                             LIABILITIES AND EQUITY

   LIABILITAS JANGKA PENDEK                                                                                           CURRENT LIABILITIES
   Utang usaha                                         1.625.537         -                -               1.625.537   Trade accounts payable
   Utang lain-lain                                     7.431.744         -                -               7.431.744   Other accounts payable
   Utang pajak                                         1.116.574         -                -               1.116.574   Taxes payable
   Biaya yang masih harus dibayar                     10.008.858             35.021       -              10.043.879   Accrued expenses
   Uang muka pelanggan                                 4.204.640         -                -               4.204.640   Customer advances
   Pendapatan diterima di muka                           896.894         -                -                 896.894   Unearned revenues
   Liabilitas jangka panjang yang jatuh                                                                               Current maturities of long-term
      tempo dalam satu tahun:                                                                                           liabilities:
      Liabilitas sewa                                    112.398         -                -                 112.398     Lease liabilities
      Utang bank                                       2.955.280         -                -               2.955.280     Bank loans
      Liabilitas imbalan kerja                           851.512         -                -                 851.512     Employee benefits obligation

   Jumlah Liabilitas Jangka Pendek                    29.203.437             35.021       -              29.238.458   Total Current Liabilities

   LIABILITAS JANGKA PANJANG                                                                                          NON-CURRENT LIABILITIES
   Liabilitas pajak tangguhan - bersih                 5.590.480         -                -               5.590.480   Deferred tax liabilities - net
   Liabilitas jangka panjang - setelah
      dikurangi bagian yang jatuh tempo                                                                               Long-term liabilities - net of current
      dalam satu tahun:                                                                                                 maturity:
      Utang bank                                    289.814.293          -                -             289.814.293     Bank loans
      Liabilitas imbalan kerja                        3.714.902          -                -               3.714.902     Employee benefits obligation

   Jumlah Liabilitas Jangka Panjang                 299.119.675          -                -             299.119.675   Total Non-current Liabilities

   JUMLAH LIABILITAS                                328.323.112              35.021       -             328.358.133   TOTAL LIABILITIES

   EKUITAS                                                                                                            EQUITY
   Modal saham                                      611.540.476        1.505.757        (1.505.757)     611.540.476   Capital stock
   Tambahan modal disetor                             7.296.138          -                 -              7.296.138   Additional paid-in capital
   Ekuitas entitas anak yang berasal dari                                                                             Equity in subsidiary resulting from
     kombinasi bisnis                                   -                -               4.715.691        4.715.691     business combination
   Rugi komprehensif lain                              (409.393)        (573.424)          573.424        (409.393)   Other comprehensive loss
   Saldo laba                                         30.814.258       3.783.358        (3.783.358)      30.814.258   Retained earnings

   Ekuitas yang diatribusikan                                                                                         Equity attributable to owners of
     kepada pemilik Entitas Induk                   649.241.479        4.715.691          -             653.957.170     the Company

   Kepentingan nonpengendali                          98.223.415         -                -              98.223.415   Non-controlling interests

   JUMLAH EKUITAS                                   747.464.894        4.715.691          -             752.180.585   TOTAL EQUITY

   JUMLAH LIABILITAS DAN EKUITAS                  1.075.788.006        4.750.712          -           1.080.538.718   TOTAL LIABILITIES AND EQUITY




                                                                      - 55 -
Page 274
PT CHANDRA DAYA INVESTASI Tbk                                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                             THEN ENDED
(Lanjutan)                                                                                                             (Continued)

                                                                    1 Januari 2024/31 Desember 2023
                                                                   January 1, 2024/December 31, 2023
                                                   Dilaporkan        Entitas anak
                                                  sebelumnya/       yang diakuisisi/                    Disajikan
                                                  As previously       Subsidiary       Penyesuaian/     kembali/
                                                    reported           acquired        Adjustments     As restated
                                                       US$               US$               US$             US$

   LAPORAN POSISI KEUANGAN                                                                                             CONSOLIDATED STATEMENT
     KONSOLIDASIAN                                                                                                      OF FINANCIAL POSITION
   ASET                                                                                                                ASSETS

   ASET LANCAR                                                                                                         CURRENT ASSETS
   Kas dan setara kas                               589.625.251          191.329           -             589.816.580   Cash and cash equivalents
   Piutang usaha - bersih                            16.764.035          -                 -              16.764.035   Trade accounts receivable - net
   Piutang lain-lain                                    279.401          -                 -                 279.401   Other accounts receivable
   Persediaan                                         1.140.387          -                 -               1.140.387   Inventories
   Pajak dibayar di muka                                804.341          -                 -                 804.341   Prepaid taxes
   Aset lancar lainnya                               17.575.280          -                 -              17.575.280   Other current assets
                                                    626.188.695           191.329          -             626.380.024
   Aset tidak lancar yang dimiliki untuk dijual      26.222.792          -                 -              26.222.792   Non-current assets held-for-sale
   Jumlah Aset Lancar                               652.411.487           191.329          -             652.602.816   Total Current Assets

   ASET TIDAK LANCAR                                                                                                   NON-CURRENT ASSETS
   Investasi pada entitas asosiasi                  135.696.524         3.941.748          -             139.638.272   Investment in associates
   Aset hak-guna - bersih                               202.105           -                -                 202.105   Right-of-use assets - net
   Aset tetap - bersih                              117.810.272           -                -             117.810.272   Property, plant and equipment - net
   Properti investasi                                 4.550.511           -                -               4.550.511   Investment properties
   Klaim atas pengembalian pajak                        171.939           -                -                 171.939   Claims for tax refund
   Goodwill                                           2.827.633           -                -               2.827.633   Goodwill
   Aset tidak lancar lainnya                          2.522.724           -                -               2.522.724   Other non-current assets
   Jumlah Aset Tidak Lancar                         263.781.708         3.941.748          -             267.723.456   Total Non-current Assets

   JUMLAH ASET                                      916.193.195         4.133.077          -             920.326.272   TOTAL ASSETS

   LIABILITAS DAN EKUITAS                                                                                              LIABILITIES AND EQUITY

   LIABILITAS JANGKA PENDEK                                                                                            CURRENT LIABILITIES
   Utang bank jangka pendek                             648.677           -                -                 648.677   Short-term bank loans
   Utang usaha                                        3.902.846           -                -               3.902.846   Trade accounts payable
   Utang lain-lain                                    1.026.664           -                -               1.026.664   Other accounts payable
   Utang pajak                                        4.881.720           -                -               4.881.720   Taxes payable
   Biaya yang masih harus dibayar                    11.744.479           -                -              11.744.479   Accrued expenses
   Uang muka pelanggan                                  935.364           -                -                 935.364   Customer advances
   Pendapatan diterima di muka                          905.030           -                -                 905.030   Unearned revenues
   Liabilitas jangka panjang yang jatuh                                                                                Current maturities of long-term
      tempo dalam satu tahun:                                                                                            liabilities:
      Liabilitas sewa                                   214.660           -                -                 214.660     Lease liabilities
      Utang bank                                      3.036.937           -                -               3.036.937     Bank loans
      Liabilitas imbalan kerja                        1.187.724           -                -               1.187.724     Employee benefits obligation

   Jumlah Liabilitas Jangka Pendek                   28.484.101           -                -              28.484.101   Total Current Liabilities

   LIABILITAS JANGKA PANJANG                                                                                           NON-CURRENT LIABILITIES
   Liabilitas pajak tangguhan - bersih                5.008.901           -                -               5.008.901   Deferred tax liabilities - net
   Liabilitas jangka panjang - setelah
      dikurangi bagian yang jatuh tempo                                                                                Long-term liabilities - net of current
      dalam satu tahun:                                                                                                  maturity:
      Liabilitas sewa                                    14.985           -                -                  14.985     Lease liabilities
      Utang bank                                    195.194.330           -                -             195.194.330     Bank loans
      Liabilitas imbalan kerja                        4.987.619           -                -               4.987.619     Employee benefits obligation

   Jumlah Liabilitas Jangka Panjang                 205.205.835           -                -             205.205.835   Total Non-current Liabilities

   JUMLAH LIABILITAS                                233.689.936           -                -             233.689.936   TOTAL LIABILITIES

   EKUITAS                                                                                                             EQUITY
   Modal saham                                      611.540.476         1.505.757       (1.505.757)      611.540.476   Capital stock
   Tambahan modal disetor                             7.296.138          -                 -               7.296.138   Additional paid-in capital
   Ekuitas entitas anak yang berasal dari                                                                              Equity in subsidiary resulting from
     kombinasi bisnis                                   -                -               4.133.077         4.133.077     business combination
   Rugi komprehensif lain                               (31.554)        (367.309)          367.309          (31.554)   Other comprehensive loss
   Saldo laba                                            180.263        2.994.629       (2.994.629)          180.263   Retained earnings

   Ekuitas yang diatribusikan                                                                                          Equity attributable to owners of
     kepada pemilik Entitas Induk                   618.985.323         4.133.077          -             623.118.400     the Company

   Kepentingan nonpengendali                         63.517.936           -                -              63.517.936   Non-controlling interests

   JUMLAH EKUITAS                                   682.503.259         4.133.077          -             686.636.336   TOTAL EQUITY

   JUMLAH LIABILITAS DAN EKUITAS                    916.193.195         4.133.077          -             920.326.272   TOTAL LIABILITIES AND EQUITY




                                                                        - 56 -
Page 275
PT CHANDRA DAYA INVESTASI Tbk                                                                        PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                              AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                               THEN ENDED
(Lanjutan)                                                                                                               (Continued)

                                                                                2024
                                                Dilaporkan       Entitas anak
                                               sebelumnya/      yang diakuisisi/                     Disajikan
                                               As previously      Subsidiary         Penyesuaian/    kembali/
                                                 reported          acquired         Adjustments     As restated
                                                    US$              US$                 US$            US$


   LAPORAN LABA RUGI DAN                                                                                            CONSOLIDATED STATEMENT
     PENGHASILAN KOMPREHENSIF                                                                                        OF PROFIT OR LOSS AND OTHER
     LAIN KONSOLIDASIAN                                                                                              COMPREHENSIVE INCOME
                                                                                         -
   PENDAPATAN                                   102.254.765            -                 -           102.254.765    REVENUES

   BEBAN POKOK PENDAPATAN                        (91.789.624)          -                 -           (91.789.624)   COST OF REVENUES

   LABA KOTOR                                    10.465.141            -                 -            10.465.141    GROSS PROFIT

   Beban penjualan                                  (580.249)         -                  -              (580.249)   Selling expenses
   Beban umum dan administrasi                    (7.668.324)         -                  -            (7.668.324)   General and administrative expenses
   Beban keuangan                                (19.658.346)         -                  -           (19.658.346)   Finance costs
   Pendapatan keuangan                            20.505.104          -                  -            20.505.104    Finance income
   Pendapatan dari aset keuangan                  11.282.560          -                  -            11.282.560    Income from financial assets
   Bagian laba entitas asosiasi                   10.975.206          820.282            -            11.795.488    Share in profit of associates
   Keuntungan kurs
     mata uang asing - bersih                      3.373.796           -                 -             3.373.796    Gain on foreign exchange - net
   Keuntungan lain-lain - bersih                   4.733.476           (31.552)          -             4.701.924    Other gains - net

   LABA SEBELUM PAJAK                            33.428.364           788.730            -            34.217.094    PROFIT BEFORE TAX

   BEBAN PAJAK PENGHASILAN                          (737.715)          -                 -              (737.715)   INCOME TAX EXPENSE

   LABA TAHUN BERJALAN                           32.690.649           788.730            -            33.479.379    PROFIT FOR THE YEAR

   (RUGI) PENGHASILAN                                                                                               OTHER COMPREHENSIVE (LOSS)
     KOMPREHENSIF LAIN                                                                                                 INCOME
   Pos yang tidak akan direklasifikasi                                                                              Items that will not be reclassified
     ke laba rugi:                                                                                                     subsequently to profit or loss:
     Pengukuran kembali atas program                                                                                   Remeasurement of defined
       imbalan pasti                                 165.777           -                 -               165.777         benefits obligation
     Bagian rugi komprehensif lain                                                                                     Share of other comprehensive loss
       atas entitas asosiasi                        (131.420)          -                 -              (131.420)        of associates
     Manfaat pajak penghasilan terkait                28.213           -                 -                28.213       Related income tax benefit

   Pos yang akan direklasifikasi                                                                                    Items that may be reclassified
     ke laba rugi:                                                                                                     subsequently to profit or loss:
     Kerugian nilai wajar bersih atas                                                                                  Net fair value loss on financial
       aset keuangan yang diukur pada FVTOCI        (359.078)          -                 -              (359.078)        assets at FVTOCI
     Selisih kurs karena penjabaran                                                                                    Foreign currency translation
       laporan keuangan                              119.190           -                 -               119.190         adjustment

   Jumlah rugi komprehensif lain                                                                                    Total other comprehensive loss for
     tahun berjalan, setelah pajak                  (177.318)          -                 -              (177.318)       the year, net of tax

   JUMLAH LABA KOMPREHENSIF                                                                                         TOTAL COMPREHENSIVE INCOME
     TAHUN BERJALAN                              32.513.331            -                 -            33.302.061       FOR THE YEAR

   LABA TAHUN BERJALAN                                                                                              PROFIT FOR THE YEAR
     YANG DIATRIBUSIKAN KEPADA:                                                                                       ATTRIBUTABLE TO:
     Pemilik Entitas Induk                       30.633.995           788.730            -            31.422.725      Owners of the Company
     Kepentingan nonpengendali                    2.056.654           -                  -             2.056.654      Non-controlling interests

   Laba tahun berjalan                           32.690.649           788.730            -            33.479.379    Profit for the year

   JUMLAH PENGHASILAN KOMPREHENSIF                                                                                  TOTAL COMPREHENSIVE INCOME
     TAHUN BERJALAN DIATRIBUSIKAN                                                                                     FOR THE YEAR ATTRIBUTABLE
     KEPADA:                                                                                                          TO:
     Pemilik Entitas Induk                       30.256.156           788.730            -            31.044.886      Owners of the Company
     Kepentingan nonpengendali                    2.257.175           -                  -             2.257.175      Non-controlling interests

   Jumlah Penghasilan Komprehensif                                                                                  Total Comprehensive Income
     Tahun Berjalan                              32.513.331           788.730            -            33.302.061      For the Year


    Laporan arus kas konsolidasian untuk tahun yang                                     Consolidated statements of cash flows for the year
    berakhir 31 Desember 2024 disajikan dalam                                           ended December 31, 2024 is presented with a
    penyajian kembali dengan pengaruh pada bagian                                       restatement reflected an impact on the cash flows
    arus kas dari aktivitas operasi dan investasi.                                      from operating and investing activites. Before
    Sebelum disajikan kembali, Grup mencatat kas                                        restatement, the Group had recorded the net cash
    bersih diperoleh dari aktivitas operasi sebesar                                     provided by operating activities amounted to
    US$ 1.230.815 dan kas bersih digunakan untuk                                        US$ 1,230,815 and net cash used in investing
    aktivitas investasi sebesar US$ 524.263.689.                                        activites amounted to US$ 524,263,689. As
    Setelah disajikan kembali, Grup mencatat kas                                        restated, the Group recorded the net cash provided
    bersih diperoleh dari aktivitas operasi sebesar                                     by operating activities amounted to US$ 1,028,169
    US$ 1.028.169 dan kas bersih digunakan untuk                                        and net cash used in investing activities amounted
    aktivitas investasi sebesar US$ 523.984.088.                                        to US$ 523,984,088.




                                                                           - 57 -
Page 276
PT CHANDRA DAYA INVESTASI Tbk                                                                           PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                 AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                               NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                   DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                  THEN ENDED
(Lanjutan)                                                                                                                  (Continued)


6.   KAS DAN SETARA KAS                                                           6.      CASH AND CASH EQUIVALENTS

                                                    31 Desember/       31 Desember/          1 Januari/
                                                    December 31,       December 31,         January 1,
                                                        2025              2024 *)             2024*)
                                                        US$                 US$                 US$

     Kas                                                      41.499             42.185              76.970   Cash on hand

     Bank - pihak ketiga                                                                                      Cash in banks - third parties
       Rupiah                                                                                                   Rupiah
          PT Bank DBS Indonesia                       111.374.128            196.153             196.623           PT Bank DBS Indonesia
          PT Bank Mandiri (Persero) Tbk                59.989.931         43.371.556           1.174.337           PT Bank Mandiri (Persero) Tbk
          PT Bank Danamon Indonesia Tbk                26.649.730            -                   -                 PT Bank Danamon Indonesia Tbk
          PT Bank Central Asia Tbk                     15.648.339          1.205.046           7.400.911           PT Bank Central Asia Tbk
          PT OCBC NISP Tbk                              8.679.024          8.341.470             566.510           PT OCBC NISP Tbk
          PT Bank Rakyat Indonesia                                                                                 PT Bank Rakyat Indonesia
             (Persero) Tbk                               426.379            -                    -                     (Persero) Tbk
          PT Bank Tabungan Negara (Persero) Tbk          339.226            -                    -                 PT Bank Tabungan Negara (Persero) Tbk
          PT Bank Negara Indonesia (Persero) Tbk          13.914            170.408              369.277           PT Bank Negara Indonesia (Persero) Tbk
          Lainnya                                        136.930              11.007               2.652           Others

       Dolar Amerika Serikat                                                                                    U.S. Dollar
          PT Bank DBS Indonesia                        78.225.801          9.282.738         163.837.519           PT Bank DBS Indonesia
          PT Bank Danamon Indonesia Tbk                30.023.738            -                   -                 PT Bank Danamon Indonesia Tbk
          DBS Bank Ltd                                 13.318.338            506.710             -                 DBS Bank Ltd
          PT Bank Mandiri (Persero) Tbk                 7.987.794         16.238.840               87.223          PT Bank Mandiri (Persero) Tbk
          PT OCBC NISP Tbk                              6.905.700         28.903.595         196.804.888           PT OCBC NISP Tbk
          PT Bank Rakyat Indonesia                                                                                 PT Bank Rakyat Indonesia
             (Persero) Tbk                              1.025.847           564.734              -                    (Persero) Tbk
          PT Bank Negara Indonesia (Persero) Tbk          854.858           853.862           61.503.626           PT Bank Negara Indonesia (Persero) Tbk
          OCBC Bank Ltd.                                  607.104           -                    -                 OCBC Bank Ltd.
          PT Bank Permata Tbk                             418.428           418.022              -                 PT Bank Permata Tbk
          PT Bank Tabungan Negara (Persero) Tbk           295.998           -                    -                 PT Bank Tabungan Negara (Persero) Tbk
          PT Bank Central Asia Tbk                        109.566           110.116              133.858           PT Bank Central Asia Tbk
          Lainnya                                         120.959           103.902                1.965           Others

       Mata uang lainnya                                1.009.469                87.326          205.285        Other currencies

       Subjumlah                                      364.202.700        110.407.670         432.361.644        Subtotal

     Deposito berjangka - pihak ketiga                                                                        Time deposits - third parties
       Jatuh tempo kurang dari tiga bulan                                                                        Maturities less than three months
       Rupiah                                                                                                    Rupiah
          PT Bank Danamon Indonesia Tbk                29.793.827            -                20.721.899           PT Bank Danamon Indonesia Tbk
          PT Bank Woori Saudara                                                                                    PT Bank Woori Saudara
             Indonesia 1906 Tbk                        26.913.876          9.283.902             -                    Indonesia 1906 Tbk
          PT Bank Rakyat Indonesia (Persero) Tbk        4.050.000            -                   -                 PT Bank Rakyat Indonesia (Persero) Tbk
          PT Bank DKI                                   2.979.383            -                   -                 PT Bank DKI
          PT Bank Tabungan Negara (Persero) Tbk         2.979.383            -                   -                 PT Bank Tabungan Negara (Persero) Tbk
          PT Bank Syariah Indonesia Tbk                   -               15.681.357             -                 PT Bank Syariah Indonesia Tbk
          PT Bank Permata Tbk                             -                  -                 6.509.922           PT Bank Permata Tbk
          PT Bank OCBC NISP Tbk                           -                  -                 6.456.195           PT Bank OCBC NISP Tbk
          PT Bank Negara Indonesia (Persero) Tbk          -                  -                 6.449.116           PT Bank Negara Indonesia (Persero) Tbk

       Dolar Amerika Serikat                                                                                    U.S. Dollar
          DBS Bank Ltd                                 21.000.000         30.123.379             -                 DBS Bank Ltd
          PT Bank Mandiri Indonesia (Persero) Tbk       7.715.311            -                   -                 PT Bank Mandiri Indonesia (Persero) Tbk
          PT Bank Woori Saudara                                                                                    PT Bank Woori Saudara
             Indonesia 1906 Tbk                           -                4.701.482           5.507.165              Indonesia 1906 Tbk
          PT Bank OCBC NISP Tbk                           -                  -               101.630.572           PT Bank OCBC NISP Tbk

       Dolar Singapura                                                                                          Singapore Dollar
          PT Bank OCBC NISP Tbk                        10.512.793         10.046.531          10.180.067           PT Bank OCBC NISP Tbk

       Subjumlah                                      105.944.573         69.836.651         157.454.936        Subtotal

     Jumlah                                           470.147.273        180.244.321         589.816.580        Total


     Tingkat bunga deposito berjangka per tahun                                                                 Annual interest rates on time deposits
        Rupiah                                      4,75% - 6,00%      6,20% - 7,00%       5,50% - 6,50%          Rupiah
        Dolar Amerika Serikat                       3,37% - 5,00%      4,43% - 5,60%       5,25% - 5,50%          U.S. Dollar
        Dolar Singapura                             0,75% - 1,70%          2,60%               3,20%              Singapore Dollar

     *) Disajikan kembali (Catatan 5)                                                     *) As restated (Note 5)




                                                                         - 58 -
Page 277
PT CHANDRA DAYA INVESTASI Tbk                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                THEN ENDED
(Lanjutan)                                                                                                (Continued)


7.   PIUTANG USAHA DAN PIUTANG LAIN-LAIN                           7.    TRADE AND OTHER ACCOUNTS RECEIVABLE

     Piutang Usaha                                                       Trade Accounts Receivable

                                                  31 Desember/          31 Desember/
                                                  December 31,          December 31,
                                                      2025                  2024
                                                      US$                   US$
     a. Berdasarkan Pelanggan                                                         a. By Debtor
        Pihak Berelasi (Catatan 31)                                                      Related Parties (Note 31)
           PT Chandra Asri Pacific Tbk                  350.942             1.394.082      PT Chandra Asri Pacific Tbk
           Aster Chemicals and Energy Pte. Ltd.         197.500              -             Aster Chemicals and Energy Pte. Ltd.
           PT Krakatau Tirta Industri                   167.346              -             PT Krakatau Tirta Industri
           PT Krakatau Posco Energy                       6.917              -             PT Krakatau Posco Energy
          Jumlah                                        722.705             1.394.082      Total
       Pihak Ketiga                                                                        Third Parties
          Pelanggan dalam negeri                     13.818.517            15.333.179        Local customers
          Pelanggan luar negeri                       2.732.647             2.005.982        Foreign customers
          Jumlah                                     16.551.164            17.339.161         Total
          Cadangan kerugian kredit                     (439.651)             (676.951)        Allowance for credit losses
          Bersih                                     16.111.513            16.662.210         Net
       Jumlah Piutang Usaha - Bersih                 16.834.218            18.056.292      Trade Accounts Receivable - Net

     b. Berdasarkan Mata Uang                                                            b. By Currency
        Dolar Amerika Serikat                         2.930.147             2.005.982       U.S. Dollar
        Rupiah                                       14.343.722            16.727.261       Rupiah
       Jumlah                                        17.273.869            18.733.243      Total
       Cadangan kerugian kredit                        (439.651)             (676.951)     Allowance for credit losses
       Jumlah Piutang Usaha - Bersih                 16.834.218            18.056.292      Trade Accounts Receivable - Net

     Pada tanggal 1 Januari 2024, piutang usaha dari                     As at January 1, 2024, trade receivables from
     kontrak      dengan      pelanggan      sebesar                     contracts    with    customers  amounted     to
     US$ 16.764.035 (setelah dikurangi cadangan                          US$ 16,764,035 (net of loss allowance for credit
     kerugian kredit sebesar US$ 1.263.916).                             losses of US$ 1,263,916).

     Periode kredit rata-rata atas penjualan barang                      The average credit period on sale of goods in 2025
     pada tahun 2025 dan 2024 adalah masing-masing                       and 2024 are 42 days and 60 days, respectively. No
     42 hari dan 60 hari. Tidak ada bunga yang                           interest is charged on the outstanding balance.
     dibebankan pada saldo terutang.

     Cadangan kerugian kredit untuk piutang usaha                        Allowance for credit losses for trade accounts
     telah diukur sejumlah ECL sepanjang umur. ECL                       receivable has been measured at an amount equal
     pada piutang usaha diestimasi berdasarkan                           to lifetime ECL. The ECL on trade accounts
     matriks     provisi   dengan    mengacu     pada                    receivable are estimated using a provision matrix by
     pengalaman gagal bayar debitur masa lalu dan                        reference to past default experience of the debtor
     analisis posisi keuangan debitur saat ini,                          and an analysis of the debtors current financial
     disesuaikan dengan faktor-faktor yang spesifik                      position, adjusted for factors that are specific to the
     dari debitur dan kondisi ekonomi umum industri di                   debtors, general economic conditions of the
     mana debitur beroperasi, kecuali untuk pelanggan                    industry in which the debtors operate, except for
     yang dinilai secara indivdu.                                        customers who are individually assessed.

     ECL yang dihitung berdasarkan pendekatan                            ECL which calculated based on individual approach
     individual ditujukan bagi pelanggan dengan                          are for customer with specific characteristic,
     karakteristik tertentu, yang mana karakteristik                     whereby such characteristic has effect on the
     tersebut berpengaruh terhadap penagihan dari                        collection from such customer.
     pelanggan tersebut.

     Tidak ada perubahan dalam teknik estimasi atau                      There has been no change in the estimation
     asumsi signifikan yang dibuat selama periode                        techniques or significant assumptions made during
     pelaporan berjalan.                                                 the current reporting period.

     Piutang usaha dengan nilai tercatat sebesar                         Trade accounts receviable with carrying amount of
     Rp    10.000.000.000   (atau setara dengan                          Rp 10,000,000,000 (or equivalent to US$ 709,270)
     US$ 709.270) digunakan sebagai jaminan atas                         are used as collateral for bank loans (Note 17).
     utang bank (Catatan 17).

     Tabel berikut merinci profil risiko piutang usaha                   The following table details the risk profile of trade
     dari kontrak dengan pelanggan berdasarkan                           accounts receivable from contracts with customers
     matriks provisi Grup.                                               based on the Group’s provision matrix.


                                                           - 59 -
Page 278
PT CHANDRA DAYA INVESTASI Tbk                                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                THEN ENDED
(Lanjutan)                                                                                                                (Continued)


    Cadangan ECL untuk piutang usaha berdasarkan                                         ECL on trade accounts receivable using provision
    matriks provisi dan penilaian individual:                                            matrix and individual assessment:

                                                                                     31 Desember/December 31, 2025
                                                                                         Jatuh tempo/past due
                                                                                                                                  Dinilai secara
                                                                                                                                   individual/
                                                                                                                                    Assessed
                                            Belum jatuh                                                                           individually
                                              tempo/         < 30 hari/      31 - 60 hari/    61 - 90 hari/       > 90 hari/       > 90 hari/      Jumlah/
                                            Not past due       days              days             days              days               days         Total
                                                US$            US$               US$              US$                US$               US$           US$
    Tingkat kerugian kredit ekspektasian/
       Expected credit loss rate               0,04%          0,25%             0,16%            0,06%                3,20%         43,61%
    Estimasi jumlah tercatat bruto
       pada saat gagal bayar/
    Estimated total gross carrying
       amount at default                     12.575.658       2.224.739        1.107.278           70.366              341.995         953.833     17.273.869

    ECL sepanjang umur/Lifetime ECL              (5.384)         (5.586)            (1.762)            (41)            (10.957)       (415.921)     (439.651)

    Jumlah/Total                                                                                                                                   16.834.218

                                                                                     31 Desember/December 31, 2024
                                                                                         Jatuh tempo/past due
                                                                                                                                  Dinilai secara
                                                                                                                                   individual/
                                                                                                                                    Assessed
                                            Belum jatuh                                                                           individually
                                              tempo/         < 30 hari/      31 - 60 hari/    61 - 90 hari/      > 90 hari/        > 90 hari/      Jumlah/
                                            Not past due       days              days             days             days                days         Total
                                                US$            US$               US$              US$               US$                US$           US$
    Tingkat kerugian kredit ekspektasian/
       Expected credit loss rate               0,47%          0,67%             2,62%            2,03%                3,62%         43,26%
    Estimasi jumlah tercatat bruto
       pada saat gagal bayar/
    Estimated total gross carrying
       amount at default                      9.671.574      1.881.119           849.830          895.345         4.472.530           962.845      18.733.243

    ECL sepanjang umur/Lifetime ECL             (45.547)        (12.532)         (22.304)         (18.195)            (161.843)      (416.530)      (676.951)

    Jumlah/Total                                                                                                                                   18.056.292


    Mutasi cadangan kerugian kredit adalah sebagai                                      The movements in allowance for credit losses are
    berikut:                                                                            as follows:
                                                            2025                      2024
                                                            US$                       US$
    Saldo awal tahun                                          676.951                 1.263.916          Balance at beginning of year
    Penambahan selama tahun
      berjalan                                                  34.304                  629.151          Addition during the year
    Penerimaan kembali atas piutang                                                                      Proceeds from previously impaired
      yang telah diturunkan nilainya                         (271.604)               (1.216.116)            amounts

    Saldo akhir tahun                                         439.651                   676.951          Balance at end of year


    Piutang Lain-lain                                                                   Other Accounts Receivable
                                                       31 Desember/            31 Desember/
                                                       December 31,            December 31,
                                                           2025                    2024
                                                           US$                     US$
    Berdasarkan Pelanggan                                                                                By Debtor
    Pihak Berelasi (Catatan 31)                                                                          Related Parties (Note 31)
       PT Chandra Asri Pacific Tbk                          5.615.651                5.684.743             PT Chandra Asri Pacific Tbk
       PT Petrosea Infrastruktur Nusantara                  5.040.000                  -                   PT Petrosea Infrastruktur Nusantara
       PT Buana Primatama Niaga                               -                          22.481            PT Buana Primatama Niaga
       Lain-lain                                                2.877                  -                   Others

       Jumlah                                              10.658.528                5.707.224                Total

    Pihak Ketiga                                                                                         Third Parties
       Bayfront Infrastructure Capital                      2.728.165                2.787.414             Bayfront Infrastructure Capital
       Ace Alpha Tech Ltd.                                    893.176                  -                   Ace Alpha Tech Ltd.
       Lain-lain                                              638.186                  515.612             Others
       Jumlah                                               4.259.527                3.303.026                Total
    Jumlah                                                 14.918.055                9.010.250           Total




                                                                           - 60 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


     Piutang lain-lain terutama merupakan piutang                   Other accounts receivable mostly are interest
     bunga dari piutang pinjaman kepada pihak                       receivables from its loan receivable to a related
     berelasi dan investasi.                                        party and investments.

     Tidak ada bunga yang dibebankan atas piutang                   There is no interest charged for other accounts
     lain-lain karena piutang tersebut dapat ditagih                receivable as the receivable is due on demand.
     sewaktu-waktu.

     Untuk tujuan penilaian penurunan nilai, piutang                For purpose of impairment assessment, the other
     lain-lain dianggap memiliki risiko kredit yang                 accounts receivable is considered to have low credit
     rendah dan tidak terdapat peningkatan risiko                   risk and there has been no significant increase in
     gagal bayar yang signifikan sejak pengakuan                    the risk of default since initial recognition.
     awal. Oleh karena itu, untuk tujuan penilaian                  Accordingly, for the purpose of impairment
     penurunan nilai piutang ini, cadangan kerugian                 assessment for this receivable, the loss allowance is
     diukur sebesar sejumlah ECL 12 bulan.                          measured at an amount equal to 12-month ECL.

     Dalam menentukan ECL, manajemen telah                          In determining the ECL, management has taken into
     memperhitungkan posisi keuangan pihak terkait,                 account the financial position of the relevant
     disesuaikan dengan faktor-faktor spesifik dari                 parties, adjusted the factors that are specific to the
     pihak terkait dan kondisi ekonomi umum industri                relevant parties and general economic conditions of
     dimana    pihak    terkait   beroperasi,  dalam                the industry in which the relevant parties operate,
     memperkirakan kemungkinan terjadinya gagal                     in estimating the probability of default of the other
     bayar pinjaman serta kerugian saat terjadinya                  accounts receivable as well as the loss upon default.
     gagal bayar. Manajemen berpendapat bahwa                       Management believes that the other accounts
     piutang lain-lain memiliki kerugian kredit yang                receivables have immaterial credit loss.
     tidak material.

     Tidak ada perubahan dalam teknik estimasi atau                 There has been no change in the estimation
     asumsi signifikan yang dibuat selama periode                   techniques or significant assumptions made during
     pelaporan berjalan dalam penilaian cadangan                    the current reporting period in assessing the loss
     kerugian piutang lain-lain.                                    allowance for these financial assets.


8.   ASET LANCAR LAINNYA                                     8.     OTHER CURRENT ASSETS

                                        31 Desember/         31 Desember/
                                        December 31,         December 31,
                                            2025                 2024
                                            US$                  US$

     Aset keuangan lainnya                 106.418.231             24.981.301    Other financial assets
     Uang muka                                 604.314                848.411    Advances
     Biaya dibayar di muka                     262.056                243.059    Prepaid expenses

     Jumlah                                107.284.601             26.072.771    Total

     Aset keuangan lainnya terdiri atas investasi                   Other financial assets consist of investment in
     saham yang diklasifikasikan sebagai aset                       shares which classified as financial assets at
     keuangan pada FVTPL.                                           FVTPL.
     Uang muka terdiri atas uang muka kepada                        Advances consist of advances to supplier and gas
     pemasok dan deposit atas pembelian gas                         purchase deposit (Note 33b).
     (Catatan 33b).

     Biaya dibayar di muka terdiri atas biaya sewa                  Prepaid expenses consist of office and housing
     jangka pendek atas kantor dan rumah.                           short-term rent.


9.   ASET TIDAK LANCAR YANG DIMILIKI UNTUK                   9.     NON-CURRENT ASSETS HELD-FOR-SALE
     DIJUAL

     Aset tidak lancar yang dimiliki untuk dijual                   Noncurrent assets held for sale were several
     merupakan beberapa bidang tanah yang terbagi                   pieces of land in several Hak Guna Bangunan
     ke dalam beberapa Hak Guna Bangunan (“HGB”)                    (“HGB”) as follows:
     sebagai berikut:


                                        31 Desember/        31 Desember/
                                        December 31,        December 31,
                                            2025                2024
                                            US$                 US$
     Saldo awal tahun                      26.222.792             26.222.792    Balance at beginning of year
     Reklasifikasi ke aset tetap                                                Reclassification to property, plant
        (Catatan 10)                       (5.181.552)              -              and equipment (Note 10)
     Penjualan                            (21.041.240)              -           Disposal
     Saldo akhir tahun                        -                   26.222.792    Balance at end of year


                                                        - 61 -
Page 280
PT CHANDRA DAYA INVESTASI Tbk                                                                               PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                     AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                       DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                      THEN ENDED
(Lanjutan)                                                                                                                      (Continued)


    Pada tahun berjalan, Grup telah mengalihkan                                                In the current year, the Group has turned the use
    penggunaan beberapa HGB tertentu untuk                                                     of its certain HGB for the Group’s business
    kegiatan usaha Grup, sehingga tanah tersebut                                               operation, hence the land was reclassified to
    direklasifikasi sebagai aset tetap.                                                        property, plant and equipment.

    Penjualan tanah dilakukan dengan PT Chandra                                                The land was sold to PT Chandra Asri Alkali
    Asri Alkali (“CAA”), pihak berelasi, berdasarkan                                           (“CAA”), a related party, based on Sale and
    Perjanjian Pengikatan Jual Beli (“PPJB”) No. 6                                             Purchase Agreement (“PPJB”) No. 6 dated
    tanggal 29 September 2023. Jual beli ini                                                   September 29, 2023. This sale and purchase
    diselesaikan selama tahun 2025.                                                            arrangement were completed during 2025.

    Kerugian penjualan dicatat sebagai bagian dari                                             Loss on disposal recorded as part of other gains-
    keuntungan lain-lain-bersih (Catatan 28) dalam                                             net (Note 28) in the consolidated statements of
    laporan laba rugi dan penghasilan komprehensif lain                                        profit or loss and other comprehensive income.
    konsolidasian.


10. ASET TETAP                                                                      10. PROPERTY, PLANT AND EQUIPMENT


                                                   Selisih kurs
                                    1 Januari/     penjabaran/                                                             31 Desember/
                                    January 1,      Translation     Penambahan/     Pengurangan/  Reklasifikasi/           December 31,
                                       2025        adjustment         Additions      Deductions  Reclassifications             2025
                                       US$             US$              US$             US$            US$                      US$

    Biaya perolehan:                                                                                                                         Cost:
    Tanah                           48.262.980           -           11.967.130           -                4.336.075          64.566.185     Land
    Bangunan dan prasarana          22.731.617          (11.569)        154.930             (598)          1.154.923          24.029.303     Buildings and infrastructures
    Kapal                           71.327.850           -           39.081.388       (6.816.710)         61.832.681         165.425.209     Vessels
    Mesin                          159.347.977            (3.529)       977.028           -                6.815.969         167.137.445     Machineries
    Kendaraan bermotor                 318.974              (733)       487.719          (36.045)             -                  769.915     Motor vehicles
    Peralatan dan perlengkapan       9.322.512            (2.284)       446.161           -                   -                9.766.389     Furniture and fixtures
    Aset tetap dalam pembangunan     5.725.344          (21.052)    148.526.097           -              (69.803.573)         84.426.816     Construction in progress

    Jumlah biaya perolehan         317.037.254          (39.167)    201.640.453       (6.853.353)           4.336.075        516.121.262     Total cost

    Akumulasi penyusutan:                                                                                                                    Accumulated depreciation:
    Bangunan dan prasarana          (13.811.017)         18.399         (706.704)         -                    -             (14.499.322)    Buildings and infrastructures
    Kapal                            (1.293.780)         -            (3.126.183)         -                    -              (4.419.963)    Vessels
    Mesin                          (106.820.958)           3.608      (5.346.493)        618.902               -            (111.544.941)    Machineries
    Kendaraan bermotor                 (154.706)        (12.405)         (32.571)         12.262               -                (187.420)    Motor vehicles
    Peralatan dan perlengkapan       (8.083.371)             667        (241.587)         -                    -              (8.324.291)    Furniture and fixtures

    Jumlah akumulasi penyusutan    (130.163.832)        10.269        (9.453.538)        631.164               -            (138.975.937)    Total accumulated depreciation

    Nilai tercatat bersih          186.873.422                                                                               377.145.325     Net carrying value

                                                   Selisih kurs
                                     1 Januari/    penjabaran/                                                             31 Desember/
                                    January 1,     Translation      Penambahan/     Pengurangan/         Reklasifikasi/    December 31,
                                       2024        adjustment         Additions      Deductions        Reclassifications       2024
                                        US$            US$              US$             US$                  US$               US$

    Biaya perolehan:                                                                                                                         Cost:
    Tanah                            48.262.980         -                -                -                   -               48.262.980     Land
    Bangunan dan prasarana           21.219.523         (15.176)       1.186.134          -                   341.136         22.731.617     Buildings and infrastructures
    Kapal                               -               -             71.327.850          -                   -               71.327.850     Vessels
    Mesin                           155.544.579           (2.129)        418.177            (2.372)         3.389.722        159.347.977     Machineries
    Kendaraan bermotor                  240.247           25.260           90.991         (37.524)            -                  318.974     Motor vehicles
    Peralatan dan perlengkapan        9.845.116           22.367         148.559          -                  (693.530)         9.322.512     Furniture and fixtures
    Aset tetap dalam pembangunan      3.713.560         (26.442)       5.075.554          -                (3.037.328)         5.725.344     Construction in progress

    Jumlah biaya perolehan          238.826.005           3.880       78.247.265          (39.896)             -             317.037.254     Total cost

    Akumulasi penyusutan:                                                                                                                    Accumulated depreciation:
    Bangunan dan prasarana          (12.890.180)       (549.390)        (371.447)         -                    -              (13.811.017)   Buildings and infrastructures
    Kapal                               -               -             (1.293.780)         -                    -               (1.293.780)   Vessels
    Mesin                          (100.153.856)        (13.877)      (6.655.597)              2.372           -             (106.820.958)   Machineries
    Kendaraan bermotor                 (145.110)        (16.917)          (5.908)             13.229           -                 (154.706)   Motor vehicles
    Peralatan dan perlengkapan       (7.826.587)           (710)        (256.074)         -                    -               (8.083.371)   Furniture and fixtures

    Jumlah akumulasi penyusutan    (121.015.733)       (580.894)      (8.582.806)             15.601           -             (130.163.832)   Total accumulated depreciation

    Nilai tercatat bersih           117.810.272                                                                              186.873.422     Net carrying value




                                                                            - 62 -
Page 281
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    Aset tetap tertentu direklasifikasi dari/ke aset                Certain property, plant and equipment were
    tidak lancar yang dimiliki untuk dijual dan properti            reclassified from/to non-current assets held-for
    investasi sebagai berikut:                                      sale and investment properties as follows:

                                               2025                 2024
                                               US$                  US$

    Transfer dari aset tidak lancar yang                                           Transfer from non-current assets
       dimiliki untuk dijual (Catatan 9)       5.181.552              -              held-for-sale (Note 9)
    Transfer ke properti investasi              (845.477)             -            Transfer to investment properties

    Jumlah                                     4.336.075              -            Total

    Beban penyusutan dialokasikan sebagai berikut:                  Depreciation    expense     was    allocated   to   the
                                                                    following:

                                               2025                 2024
                                               US$                  US$
    Beban pokok pendapatan
      (Catatan 24)                             8.702.132            7.716.052      Cost of revenues (Note 24)
    Beban penjualan                               22.450               14.328      Selling expenses
    Beban umum dan administrasi                  728.956              852.426      General and administrative expenses
    Jumlah                                     9.453.538            8.582.806      Total

    Jumlah biaya perolehan aset tetap yang telah                    Total acquisition costs of property, plant and
    disusutkan penuh dan masih digunakan Grup pada                  equipment which were fully depreciated and still
    tanggal     31    December     2025    sebesar                  used by the Group as of December 31, 2025
    US$     102.447.643   (31    Desember    2024:                  amounted to US$ 102,447,643 (December 31,
    US$ 96.804.960).                                                2024: US$ 96,804,960).

    Pada tahun 2024, Grup mengakuisisi MIM yang                     In 2024, the Group acquired MIM which accounted
    diperhitungkan sebagai akuisisi aset daripada                   as assets acquisition rather than a business
    kombinasi bisnis. Jumlah kas yang dibayarkan                    combination. The total cash paid for the acquisition
    untuk akuisisi adalah US$ 3.605.776. Selisih                    was US$ 3,605,776. The difference of total net
    jumlah aset bersih yang diperoleh dengan nilai                  assets acquired and the acquisition cost of
    akuisisi sebesar US$ 2.003.717 telah diakui                     US$ 2,003,717 has been recognized as an increase
    sebagai peningkatan nilai kapal tanpa adanya                    in vessel with no goodwill recognized in addition to
    goodwill yang diakui sebagai penambahan nilai                   the carrying amount of the vessel amounted to
    tercatat kapal sebesar US$ 5.690.856.                           US$ 5,690,856.

    Aset tetap dalam pembangunan pada tanggal                       Construction in progress as of December 31, 2025
    31 Desember 2025 dan 2024 sebagian besar                        and 2024 mainly related to overhaul of plant
    merupakan overhaul mesin-mesin pada pabrik                      machinery and construction project of the Solar
    dan proyek pembangunan Pembangkit Listrik                       Power Plant (“PLTS”) in the area of CAP,
    Tenaga     Surya   (“PLTS”)     di    area   CAP,               PT Krakatau Tirta Operasi dan Pemeliharaan
    PT Krakatau Tirta Operasi dan Pemeliharaan                      (“KTOP”) and PT Krakatau Tirta Industri (“KTI”),
    (“KTOP”) dan PT Krakatau Tirta Industri (“KTI”),                and new vessel construction. This project still in
    dan konstruksi kapal baru. Proyek ini masih dalam               the development stage and expected to be
    tahap pembangunan dan diekspektasi untuk                        completed in August 2026.
    selesai pada Agustus 2026.

    Grup memiliki beberapa bidang tanah yang                        The Group owns several pieces of land, located in
    berlokasi di Serang, Cilegon, dan Bitung dengan                 Serang, Cilegon, and Bitung with Building Use
    hak legal berupa Hak Guna Bangunan (HGB). HGB                   Rights (HGB). The HGBs are effective for a period
    tersebut berlaku antara 8 - 18 tahun yang jatuh                 of 8 to 18 years which will mature between 2032
    tempo antara tahun 2032 sampai dengan tahun                     to 2050 with total area of 450,931 m2. The Group’s
    2050 dengan luas sebesar 450.931 m2.                            management believes that there will be no
    Manajemen Grup berkeyakinan bahwa tidak ada                     difficulty in the extension of the landrights since all
    kesulitan dalam perpanjangan hak atas tanah                     the land were acquired legally and supported by
    tersebut karena semua tanah telah dimiliki secara               sufficient evidence of ownership.
    legal dan didukung sepenuhnya oleh bukti
    kepemilikan yang sah.




                                                           - 63 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                             THEN ENDED
(Lanjutan)                                                                                                                             (Continued)


    Aset tetap, kecuali tanah, aset tetap dalam                                                        Property, plant and equipment, except land,
    pembangunan dan kapal tertentu, diasuransikan                                                      construction in progress and certain vessels, are
    kepada pihak ketiga yaitu, PT Asuransi Central                                                     insured with third parties which are, PT Asuransi
    Asia,     PT     Asuransi        Astra     Buana,                                                  Central Asia, PT Asuransi Astra Buana, PT Asuransi
    PT Asuransi Tugu Pratama Indonesia Tbk, LCH                                                        Tugu Pratama Indonesia Tbk, LCH Insurance
    Insurance Brokers Pte. Ltd. dan Miller Insurance                                                   Brokers Pte. Ltd. and Miller Insurance Services
    Services (Singapore) Pte. Ltd., sebagai berikut:                                                   (Singapore) Pte. Ltd. as follows:

                                                                     31 Desember/              31 Desember/
                                                                     December 31,              December 31,
                                                                         2025                      2024
                                                                          US$                       US$
                                                                                                                              Carrying amount of the property,
     Jumlah tercatat aset tetap                                       223.134.245                  123.004.258                  plant and equipment
     Nilai pertanggungan aset                                         551.940.608                  437.352.500                Insurance coverage

    Manajemen berpendapat nilai pertanggungan                                                          Management believes that the insurance coverage
    tersebut cukup untuk menutupi kemungkinan                                                          is adequate to cover possible risks against fire,
    kerugian atas risiko kebakaran, bencana alam dan                                                   disasters and other risks on the assets insured,
    risiko lainnya atas aset yang dipertanggungkan,                                                    including business interruption.
    termasuk gangguan usaha.

    Aset tetap digunakan sebagai jaminan secara pari                                                   Property, plant and equipment are pledged as pari
    pasu atas utang bank jangka panjang (Catatan 17).                                                  passu collateral for long-term bank loans (Note 17).

    Manajemen berpendapat bahwa pada tanggal                                                           Management believes that there is no indication for
    31 Desember 2025 dan 2024 tidak terdapat                                                           impairment of property, plant and equipment as of
    indikasi terjadinya penurunan nilai aset tetap.                                                    December 31, 2025 and 2024.


11. INVESTASI PADA ENTITAS ASOSIASI                                                           11. INVESTMENT IN ASSOCIATES

    Rincian entitas asosiasi Grup adalah sebagai                                                       Details of the Group’s associates are as follows:
    berikut:

                                                                                              Persentase kepemilikan/                               Nilai tercatat/
                                                                                              Percentage of ownership                               Carrying value
                                                                        Tempat     31 Desember/ 31 Desember/          1 Januari/    31 Desember/    31 Desember/             1 Januari
                     Nama Entitas /             Aktivitas utama/      kedudukan/   December 31,    December 31,       January 1,    December 31,    December 31,            January 1,
                    Name of Entities            Principal Activity     Domicile        2025           2024 *)          2024 *)          2025           2024 *)               2024 *)
                                                                                                                                        US$               US$                   US$

      PT Krakatau Tirta Industri (KTI)          Pengolahan air/        Cilegon               49               49               49      68.247.979      67.049.839             67.671.946
                                                Water treatment
      PT Krakatau Posco Energy (KPE)           Pembangkit Listrik/     Cilegon               45               45               45      76.943.078      72.176.832             68.024.578
                                                  Power plant
      PT SCG Barito Logistics (SBL)             Pergudangan dan        Jakarta               51               51               51       4.859.532        4.482.428              3.941.748
                                                 Penyimpanan/
                                                 Warehouse and
                                                    Storage
      Blue Horizon Ship Management Pte. Ltd.   Pengelolaan kapal/     Singapura/              60          -               -              678.202           -                      -
          (BHSM)                               Ship management        Singapore

    Jumlah/Total                                                                                                                     150.728.791      143.709.099            139.638.272

    *) Disajikan kembali (Catatan 5)                                                                                                                                  *) As restated (Note 5)


    KTI                                                                                                KTI

    Berdasarkan Akta Notaris No. 94 tanggal                                                            Based on Notarial Deed No. 94 dated
    27 Februari 2023 dari Jose Dima Satria, S.H.,                                                      February 27, 2023, of Notaris Jose Dima Satria,
    M.Kn., Notaris di Jakarta, Perusahaan mengambil                                                    S.H., M.Kn., notary in Jakarta, the Company
    669.981.804 saham KTI atau setara dengan 49%                                                       acquired 669,981,804 shares of KTI or equivalent
    kepemilikan dengan nilai transaksi sebesar                                                         49% of ownership with transaction value
    Rp     985.000.000.000        (setara   dengan                                                     amounted to Rp 985,000,000,000 (equivalent to
    US$ 64.812.674).                                                                                   US$ 64,812,674).

    KTI memiliki tempat kedudukan di Cilegon dan                                                       KTI is domiciled in Cilegon and is engaged in the
    bergerak    dibidang   jasa     penampungan,                                                       services of storage, purification, and distribution of
    penjernihan, dan penyaluran air minum dan                                                          drinking water and storage and distribution of raw
    penampungan dan penyaluran air baku.                                                               water.




                                                                                      - 64 -
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PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


    Mutasi investasi pada KTI sebagai berikut:                      Change in investment in KTI are as follows:

                                        2025            2024               2023
                                        US$             US$                US$

    Saldo awal                         67.049.839      67.671.946            -            Beginning balance
    Penambahan investasi                  -               -               66.922.553      Additional investment
    Penerimaan dividen                 (4.870.772)     (7.313.156)        (4.736.789)     Dividends received
    Bagian laba entitas asosiasi        6.560.253       6.822.951          5.333.219      Share in profit of an associate
    Bagian (rugi) penghasilan
      komprehensif lain                                                                   Share in other comprehensive (loss)
      entitas asosiasi                   (128.054)       (131.902)            59.455        income of an associate
    Penyesuaian lainnya                  (363.287)        -                   93.508      Other adjustment

    Saldo akhir                        68.247.979      67.049.839         67.671.946      Ending balance

    KPE                                                             KPE

    Berdasarkan akta Pernyataan Keputusan Para                      Based on the Shareholders’ Resolution Deed of
    Pemegang Saham KPE tanggal 21 Juni 2023, KCE                    KPE dated June 21, 2023, KCE exercised its
    melaksanakan komitmennya berdasarkan Joint                      commitment based on Joint Venture Agreement
    Venture Agreement (“JVA”) dengan Posco Energy                   (”JVA”) with Posco Energy Corporation (“PEC”) to
    Corporation (“PEC”) untuk membeli penambahan                    purchase additional 29,085,000 of KPE shares
    29.085.000 lembar saham KPE yang setara                         which equal to 35% ownership amounted to
    dengan 35% kepemilikan senilai US$ 46.426.119.                  US$ 46,426,119. Cost of addition investment in
    Biaya perolehan penambahan investasi pada KPE                   KPE amounted to US$ 55,805,750 includes the
    sebesar US$ 55.805.750 termasuk aset derivatif                  derivative assets previously recognized for the
    yang sebelumnya diakui atas komitmen tersebut                   commitment amounting to US$ 9,379,631.
    sebesar US$ 9.379.631. Dengan demikian,                         Accordingly, KPE's share ownership became 45%.
    kepemilikan saham atas KPE menjadi 45%.

    Mutasi investasi pada KPE sebagai berikut:                      Change in investment in KPE are as follows:

                                         2025            2024               2023
                                         US$             US$                US$

    Saldo awal                          72.176.832      68.024.578            -            Beginning balance
    Penambahan investasi                   -               -               71.052.012      Additional investment
    Penerimaan dividen                     -               -               (5.400.000)     Dividend received
    Bagian laba entitas asosiasi         4.763.810       4.151.772          2.368.832      Share in profit of an associate
    Bagian penghasilan komprehensif                                                        Share in other comprehensive
      lain entitas asosiasi                    2.436             482              3.734       income of an associate

    Saldo akhir                         76.943.078      72.176.832         68.024.578      Ending balance

    SBL                                                             SBL

    Merupakan investasi saham pada SBL melalui                      This represents an investment in shares in SBL
    akuisisi CIP pada tahun 2025 sebesar 51%                        through the acquisition of CIP in 2025 with an
    kepemilikan saham yang terdiri dari 45% saham                   ownership interest of 51% consisting of 45% type
    tipe A dengan hak suara dan 100% saham tipe B                   A shares with voting rights and 100% type B
    tanpa hak suara.                                                shares without voting rights.

    Mutasi investasi pada SBL sebagai berikut:                      Change in investment in SBL are as follows:

                                       2025            2024 *)             2023 *)
                                       US$               US$                 US$

    Saldo awal                         4.482.428        3.941.748             -            Beginning balance
    Penambahan investasi                 -                -                 3.026.376      Additional investment
    Penerimaan dividen                  (296.604)        (279.602)            -            Dividends received
    Bagian laba entitas asosiasi         864.983          820.282             915.372      Share in profit of an associate
    Penyesuaian lainnya                 (191.275)         -                   -            Other adjustments

    Saldo akhir                        4.859.532        4.482.428           3.941.748      Ending balance

    *) Disajikan kembali (Catatan 5)                                *) As restated (Note 5)




                                                       - 65 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    BHSM                                                             BHSM
    Berdasarkan Joint Venture Agreement tanggal                      Based on Joint Venture Agreement dated May 6,
    6 Mei 2025, CMI memperoleh 6.000 saham BHSM                      2025, CMI acquired 6,000 shares of BHSM or
    atau setara dengan 60% kepemilikan. Meskipun                     equivalent 60% of ownership. Although the Group
    Grup memiliki 60% kepemilikan pada BHSM, Grup                    holds a 60% ownership in BHSM, the Group does
    tidak memiliki kendali atas BHSM karena Grup                     not have control over BHSM as it does not have
    tidak memiliki hak untuk mengarahkan kebijakan                   the rights to direct the relevant financial and
    keuangan dan operasional yang relevan dari                       operating policies of BHSM. Decisions regarding
    BHSM. Keputusan terkait aktivitas relevan BHSM                   the relevant activities of BHSM are governed by
    berada di bawah kewenangan pihak lain sesuai                     other parties in accordance with the prevailing
    dengan pengaturan tata kelola yang berlaku. Oleh                 governance arrangements. Accordingly, the Group
    karena itu, Grup mencatat investasinya sebagai                   accounts for its investment in BHSM as an
    investasi pada entitas asosiasi.                                 investment in an associate.
    Mutasi investasi pada BHSM sebagai berikut:                      Change in investment in BHSM are as follows:
                                                           2025
                                                           US$
    Saldo awal                                              -              Beginning balance
    Penambahan investasi                                    470.220        Additional investment
    Bagian laba entitas asosiasi                            207.982        Share in profit of an associate
    Saldo akhir                                             678.202        Ending balance


12. GOODWILL                                                  12. GOODWILL

    Pada tanggal 28 Februari 2023, Perusahaan                        On February 28, 2023, the Company completed
    menyelesaikan akuisisi 70% saham KCE. Grup                       the acquisition of 70% equity interest in KCE.
    mencatat goodwill sebesar US$ 2.827.633 yang                     The Group recorded a goodwill of US$ 2,827,633
    timbul dari akuisisi. Grup telah melibatkan tenaga               arising from the acquisition. The Group has
    ahli valuasi eksternal untuk membantu mereka                     engaged external valuation experts to assist them
    dalam pelaksanaan PPA.                                           with the PPA exercise.
    Grup menguji goodwill setiap tahun untuk                         The Group tests goodwill annually for impairment,
    penurunan nilai, atau lebih sering jika terdapat                 or more frequently if there are indications that
    indikasi bahwa goodwill mungkin mengalami                        goodwill might be impaired. Management is of the
    penurunan nilai. Manajemen berpendapat bahwa                     opinion that there is no impairment of the goodwill
    tidak ada penurunan nilai atas goodwill pada                     as of December 31, 2025 and 2024.
    tanggal 31 Desember 2025 dan 2024.


13. INVESTASI PADA ASET KEUANGAN LAINNYA                      13. INVESTMENT IN OTHER FINANCIAL ASSETS
                                         31 Desember/             31 Desember/
                                         December 31,             December 31,
                                             2025                     2024
                                             US$                      US$
    Penyertaan investasi pada:                                                        Investment in:
      Equity linked bonds                   326.400.001              326.400.001        Equity linked bonds
      Obligasi                              226.706.487              110.401.068        Bonds

    Jumlah                                  553.106.488              436.801.069      Total
    Bagian lancar                          (326.400.001)               -              Current portion
    Bagian tidak lancar                     226.706.487              436.801.069      Non-current portion

    Pada tanggal 28 Juni 2024, Perusahaan melakukan                  On June 28, 2024, the Company entered into an
    perjanjian dengan CAP, dimana Perusahaan                         agreement with CAP, in which the Company has an
    memiliki opsi untuk membeli saham biasa yang                     option to subscribe for new ordinary shares which
    mewakili 51% dari jumlah modal saham yang                        will represent 51% of the total issued and paid-up
    disetor pada entitas anak CAP yang bergerak di                   capital of CAP’s subsidiary which operates in the
    bidang usaha terminal dan penyimpanan di                         field of terminal and storage in Cilegon, Indonesia,
    Cilegon, Indonesia, pada tanggal 1 Juli 2024.                    as of July 1, 2024. The Company may exercise the
    Perusahaan dapat menggunakan opsi tersebut                       option in whole during the option exercise
    secara keseluruhan selama exercise period dalam                  period which is within two years. The outstanding
    dua tahun. Nilai per 31 Desember 2025 dan 2024                   amount as of December 31, 2025 and 2024
    adalah masing-masing sebesar US$ 326.400.001                     amounted to US$ 326,400,001, respectively with
    dengan suku bunga tahunan 6,8% yang dibayar                      annual interest rate 6.8% which is paid quarterly.
    secara triwulanan. Investasi pada equity link                    The investment in equity linked bonds has been
    bonds dikelompokkan sebagai aset keuangan                        classified as financial assets at fair value through
    pada nilai wajar melalui laba rugi dan perubahan                 profit or loss and the fair value changes amounting
    nilai   wajar    sebesar    US$       22.264.188                 to US$ 22,264,188 (2024: US$ 11,282,560) that
    (2024: US$ 11.282.560) yang telah diakui sebagai                 has been recognized as “income from financial
    ”pendapatan dari aset keuangan” pada laporan                     assets” in the consolidated statement of profit or
    laba rugi dan penghasilan komprehensif lain                      loss and other comprehensive income.
    konsolidasian.

                                                         - 66 -
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PT CHANDRA DAYA INVESTASI Tbk                                                           PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                               NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                   DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                  THEN ENDED
(Lanjutan)                                                                                                  (Continued)


    Investasi obligasi diklasifikasikan sebagai aset                       Investments in bonds in are classified as financial
    keuangan pada biaya perolehan yang diamortisasi                        assets at amortised cost with annual interest rate
    dengan suku bunga tahunan 4,3% - 7,7%.                                 4.3% - 7.7%. Interest income was recorded as
    Pendapatan bunga dicatat sebagai bagian dari                           part of “finance income” in the consolidated
    “pendapatan keuangan” pada laporan laba rugi                           statement   of    profit  or   loss   and    other
    dan penghasilan komprehensif lain konsolidasian.                       comprehensive income.


14. UTANG USAHA DAN UTANG                          LAIN-LAIN        14. TRADE ACCOUNT PAYABLE AND OTHER
    KEPADA PIHAK KETIGA                                                 ACCOUNTS PAYABLE TO THIRD PARTIES

    Utang usaha                                                            Trade accounts payable

                                                    31 Desember/        31 Desember/
                                                    December 31,        December 31,
                                                        2025                2024
                                                        US$                 US$

    a. Berdasarkan pemasok                                                           a. By supplier
       Pihak berelasi (Catatan 31)                                                      Related parties (Note 31)
          Blue Horizon Ship Management Pte. Ltd.          500.000            -            Blue Horizon Ship Management Pte. Ltd.
          PT Chandra Asri Pacific Tbk                      96.651            300.788      PT Chandra Asri Pacific Tbk
          PT Panca Puri Perkasa                             3.996            -            PT Panca Puri Perkasa
          PT Griya Idola                                    3.716            -            PT Griya Idola
          PT Krakatau Tirta Industri                          642            -            PT Krakatau Tirta Industri
          PT Chandra Asri Perkasa                             133                133      PT Chandra Asri Perkasa

      Subjumlah                                           605.138             300.921     Subtotal

      Pihak ketiga                                                                        Third parties
         Pemasok dalam negeri                           3.250.005             889.545       Local suppliers
         Pemasok luar negeri                              985.629             435.071       Foreign suppliers

      Subjumlah                                         4.235.634           1.324.616     Subtotal

      Jumlah                                            4.840.772           1.625.537     Total

    b. Berdasarkan mata uang                                                            b. By currency
       Dolar Amerika Serikat                            1.427.939             435.071      U.S. Dollar
       Rupiah                                           3.412.833           1.190.466      Rupiah

      Jumlah                                            4.840.772           1.625.537     Total

    Rata-rata periode kredit untuk pembelian barang                        The average credit period on purchases of goods
    dan jasa adalah 30 - 60 hari pada tahun 2025 dan                       and services is 30 - 60 days in 2025 and 2024. No
    2024. Tidak ada bunga yang dibebankan pada                             interest is charged on the outstanding balance.
    saldo terutang.

    Tidak terdapat jaminan yang diberikan atas utang                       There are no guarantees provided for trade
    usaha.                                                                 accounts payable.

    Utang lain-lain kepada pihak ketiga                                    Other accounts payable to third parties

    Pada tanggal 31 Desember 2025, Grup memiliki                           As of December 31, 2025, the Group has other
    utang lain-lain kepada pihak ketiga sebesar                            accounts payable to third parties amounted to
    US$    1.224.987      (31    Desember    2024:                         US$      1,224,987   (December      31,    2024:
    US$ 7.431.744) yang terutama terkait dengan                            US$ 7,431,744), which are mainly associated with
    utang dividen dan pembelian aset tetap Grup.                           dividend payable and acquisition of the Group's
    Selama tahun 2025, Grup telah melunasi utang                           property, plant and equipment. During 2025, the
    pembelian aset tetap sebesar US$ 6.882.317.                            Group has paid the other accounts payable for the
                                                                           acquisition of property, plant and equipment
                                                                           amounted to US$ 6,882,317.




                                                               - 67 -
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PT CHANDRA DAYA INVESTASI Tbk                                                        PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               THEN ENDED
(Lanjutan)                                                                                               (Continued)


15. UTANG PAJAK                                                  15. TAXES PAYABLE

                                            31 Desember/             31 Desember/
                                            December 31,             December 31,
                                                2025                     2024
                                                US$                      US$
    Pajak penghasilan                                                                  Income taxes
       Pasal 4(2)                                  910.238                127.928        Article 4(2)
       Pasal 21                                     42.216                108.630        Article 21
       Pasal 23                                     49.942                  30.470       Article 23
       Pasal 26                                      4.358                -              Article 26
       Pasal 25                                        850                  44.695       Article 25
       Pasal 29                                     88.993                      37       Article 29
    Pajak pertambahan nilai                        475.328                277.529      Value added tax
    Pajak daerah dan retribusi                     625.081                527.285      Regional tax and retribution

    Jumlah                                       2.197.006               1.116.574     Total



16. BIAYA YANG MASIH HARUS DIBAYAR                               16. ACCRUED EXPENSES

                                            31 Desember/             31 Desember/
                                            December 31,             December 31,
                                                2025                    2024 *)
                                                US$                       US$

    Beban operasional                            9.894.381               6.602.549     Operational expenses
    Biaya bunga (Catatan 17)                       925.516               2.198.895     Interest expenses (Note 17)
    Beban reparasi dan perbaikan                   894.135                 177.315     Repairs and maintenance expenses
    Beban jasa                                      95.278                 678.500     Service expenses
    Lainnya                                        407.071                 386.620     Others

    Jumlah                                      12.216.381              10.043.879     Total

    *) Disajikan kembali (Catatan 5)                                    *) As restated (Note 5)


17. UTANG BANK                                                   17. BANK LOANS

    Utang bank jangka pendek                                            Short-term bank loans

    RPU                                                                 RPU

    Berdasarkan Perjanjian Kredit No. CRO.JKO/0075/                     Based on the Credit Facility Agreement
    KMK/2019 tanggal 19 September 2019, RPU,                            No. CRO.JKO/0075/KMK/2019 dated September 19,
    entitas anak, memperoleh penawaran fasilitas                        2019, RPU, a subsidiary, obtained a working
    kredit modal kerja sebesar Rp 10.000.000.000                        capital    credit     facility  amounted       to
    dari PT Bank Mandiri (Persero) Tbk. Perjanjian ini                  Rp 10,000,000,000 from PT Bank Mandiri
    telah diperpanjang sampai dengan 18 September                       (Persero) Tbk. This loan has been extended until
    2026 melalui Adendum VIII atas perjanjian                           September 18, 2026, based on Addendum VIII
    No.     CRO.JKO/0075/       KMK/2019       tanggal                  under agreement No. CRO.JKO/0075/ KMK/2019
    15 September 2025 dengan tingkat suku bunga                         dated September 15, 2025, with annual interest
    tahunan sebesar 8,05% + persentase tertentu dan                     rate of 8.05% + certain percentage in period of
    jangka waktu 12 bulan. Pada 31 Desember 2025,                       12 months. As of December 31, 2025, there is no
    tidak terdapat saldo utang bank terkait fasilitas ini               outstanding   loan related to      this  facility
    (2024: US$ nihil).                                                  (2024: US$ nil).

    Fasilitas pinjaman ini dijamin dengan aset tetap                    The loan facility is secured by property, plant and
    berupa tanah seluas 54.445 m2 dan 45 unit tangki                    equipment in the form of land with an area of
    yang berdiri di atasnya berlokasi di Desa                           54,445 square meters and 45 tank units standing
    Mangunreja, Pulo Ampel, Serang, Banten dengan                       on it located in Desa Mangunreja, Pulo Ampel,
    SHGB No. 32, SHGB No. 34, dan SHGB No. 198                          Serang, Banten with SHGB No. 32, SHGB No. 34,
    atas nama RPU dan piutang usaha fidusia sebesar                     and SHGB No. 198 on behalf of RPU and fiduciary
    Rp 10.000.000.000 (setara dengan US$ 709.270)                       trade   accounts      receivables   amounted     to
    (Catatan 7).                                                        Rp 10,000,000,000 (equivalent to US$ 709,270)
                                                                        (Note 7).




                                                            - 68 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                             THEN ENDED
(Lanjutan)                                                                                                                             (Continued)


    RPU diwajibkan untuk melaporkan kepada                                                             RPU is required to report to PT Bank Mandiri
    PT Bank Mandiri (Persero) Tbk paling lambat                                                        (Persero) Tbk maximum 30 (thirty) days after
    30 (tiga puluh) hari sejak dilaksanakan pembagian                                                  dividend distribution. Dividend distribution can be
    dividen. Pembagian dividen dapat dilakukan                                                         made if RPU comply with the following financial
    sepanjang RPU memenuhi rasio keuangan berikut:                                                     ratios:

    •      Rasio dividen yang dibayarkan dengan laba                                                   •       Dividend paid to net income ratio shall not
           bersih tidak boleh melebihi 100%.                                                                   exceed 100%.

    •      Rasio hutang               dengan          ekuitas        maksimal                          •       Debt to Equity Ratio shall be maximum 200%.
           200%.

    •      Debt Service Charge Ratio minimal 120%.                                                     •       Debt Service Charge Ratio shall be minimum
                                                                                                               120%.

    •      Ekuitas tidak diperkenankan negatif.                                                        •       Equity shall not be in negative.

    Grup telah melakukan pembayaran utang bank                                                         The Group has made payment of short-term bank
    jangka pendek sebesar US$ 566.083 untuk tahun                                                      loans totalling US$ 566,083 for the year ended
    yang     berakhir    31    Desember      2025                                                      December 31, 2025 (2024: US$ 648,677).
    (2024: US$ 648.677).

    Pada tanggal 31 Desember 2025 dan 2024, RPU                                                        As of December 31, 2025 and 2024, RPU is in
    telah memenuhi syarat dan kondisi pinjaman yang                                                    compliance with the terms and conditions of the
    ditetapkan lenders.                                                                                loans set by the lenders.

    Utang bank jangka panjang                                                                          Long-term bank loans

                                                                     31 Desember/                 31 Desember/
                                                                     December 31,                 December 31,
                                                                         2025                         2024
                                                                         US$                          US$
    Pinjaman Berjangka                                                                                                          Term Loans
       PT Bank Mandiri (Persero) Tbk - 1                                  2.860.208                    3.279.298                  PT Bank Mandiri (Persero) Tbk - 1
       PT Bank Mandiri (Persero) Tbk - 2                                237.743.485                  246.986.197                  PT Bank Mandiri (Persero) Tbk - 2
       PT Bank Danamon Indonesia Tbk                                    118.826.629                     -                         PT Bank Danamon Indonesia Tbk
       Bangkok Bank Public Company Limited                               98.000.719                     -                         Bangkok Bank Public Company Limited
       PT Bank Tabungan Negara Tbk                                       61.381.176                     -                         PT Bank Tabungan Negara Tbk
    Kredit Investasi                                                                                                            Credit Investment
       PT Bank Central Asia Tbk                                           39.478.369                   42.504.078                 PT Bank Central Asia Tbk

    Jumlah utang jangka panjang                                         558.290.586                  292.769.573                Total long-term loans
    Bagian yang jatuh tempo
      dalam satu tahun                                                    (7.852.123)                   (2.955.280)             Current maturities
    Utang jangka panjang - dikurangi bagian                                                                                     Long-term loans - net of
      yang jatuh tempo dalam satu tahun                                 550.438.463                  289.814.293                  current maturities

    Pada tanggal 31 Desember 2025, jadwal                                                              As of December 31, 2025, loan                                      principal
    pelunasan pokok pinjaman adalah sebagai berikut:                                                   repayment schedule is as follows:
                                                                                                                                  Kredit investasi/
                                                                 Pinjaman berjangka/Term loans                                   Credit investment
                                PT Bank Mandiri     PT Bank Mandiri    PT Bank Danamon Bangkok Bank Public   PT Bank Tabungan     PT Bank Central     Jumlah/
                               (Persero) Tbk - 1   (Persero) Tbk - 2     Indonesia Tbk     Company Limited      Negara Tbk            Asia Tbk         Total
                                      US$                 US$                US$                US$                US$                   US$            US$

    Tahun                                                                                                                                                            Year
       2026                          1.072.578            -                  -                 5.000.000             -                 1.779.545        7.852.123       2026
       2027                          1.787.630            -                  -                 5.000.000             -                 1.779.545        8.567.175       2027
       2028                            -                  -                  -                10.000.000             -                 2.001.989       12.001.989       2028
       2029                            -                  -                  -                10.000.000             -                17.795.455       27.795.455       2029
       2030                            -                  -                  -                20.000.000             -                16.683.240       36.683.240       2030
       2031                            -              238.350.614            -                20.000.000             -                   -            258.350.614       2031
       2032                            -                  -              119.175.307          30.000.000             -                   -            149.175.307       2032
       2033                            -                  -                  -                  -                    -                   -                      -       2033
       2034                            -                  -                  -                  -                    -                   -                      -       2034
       2035                            -                  -                  -                  -                 62.567.036             -             62.567.036       2035

    Jumlah pokok                     2.860.208        238.350.614        119.175.307         100.000.000          62.567.036          40.039.774      562.992.939    Total principal

    Biaya perolehan
       pinjaman yang                                                                                                                                                 Unamortized
       belum diamortisasi              -                 (607.129)          (348.678)          (1.999.281)        (1.185.860)            (561.405)     (4.702.353)      transaction costs

    Jumlah pinjaman - bersih         2.860.208        237.743.485        118.826.629          98.000.719          61.381.176          39.478.369      558.290.586    Total loan - net




                                                                                        - 69 -
Page 288
PT CHANDRA DAYA INVESTASI Tbk                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                              THEN ENDED
(Lanjutan)                                                                                              (Continued)


    Biaya perolehan diamortisasi atas utang bank                       The amortized cost of the long-term bank loans
    jangka panjang adalah sebagai berikut:                             are follows:

                                           31 Desember/            31 Desember/
                                           December 31,            December 31,
                                               2025                    2024
                                               US$                     US$
    Utang bank jangka panjang                  558.290.586           292.769.573    Long-term bank loans
    Biaya bunga yang masih
       harus dibayar (Catatan 16)                 925.516              2.198.895    Accrued interest expenses (Note 16)
    Jumlah                                     559.216.102           294.968.468    Total

    Biaya bunga yang masih harus dibayar dicatat                       The above accrued interest           expenses      are
    dalam akun biaya yang masih harus dibayar.                         presented as accrued expenses.

    Grup telah melakukan pembayaran utang bank                         The Group has made payment of long-term bank
    jangka panjang sebesar US$ 3.494.898 untuk                         loans  totalling US$    3,494,898   for  the
    tahun yang berakhir 31 Desember 2025                               year ended December 31, 2025 (December 31,
    (31 Desember 2024: US$ 144.988.532).                               2024: US$ 144,988,532).

    PT Bank Mandiri (Persero) Tbk - 1                                  PT Bank Mandiri (Persero) Tbk - 1

    Berdasarkan Perjanjian Kredit No. CRO.JKO/                         Based on the Credit Facility Agreement
    0074/KMK/2019 tanggal 19 September 2019 yang                       No. CRO.JKO/0074/KMK/2019 dated September 19,
    telah   diubah     dengan   surat No.CM2.JWK/                      2019 as amended by letter No. CM2.JWK/
    541/2025 tanggal 21 Januari 2025, RPU, entitas                     541/2025 dated January 21, 2025, RPU, a
    anak, memperoleh fasilitas kredit investasi                        subsidiary, obtained investment credit facility
    sebesar Rp 90.000.000.000 (setara dengan US$                       amounted to Rp 90,000,000,000 (equivalent to
    6.383.431) dengan tingkat suku bunga tetap                         US$ 6,383,431) with a certain fixed annual
    tahunan tertentu dan jangka waktu 72 bulan dan                     interest rate and a period of 72 months and grace
    grace period 18 bulan.                                             period 18 months.

    Saldo pinjaman tersebut adalah sebagai berikut:                    The balance of the loans are as follows:

                                           31 Desember/        31 Desember/
                                           December 31,        December 31,
                                               2025                2024
                                               US$                 US$
    Jumlah                                      2.860.208             3.279.298     Total
    Dikurangi bagian yang jatuh
       tempo dalam satu tahun                   (1.072.578)           (1.113.724)   Less current maturity

    Bagian jangka panjang                       1.787.630             2.165.574     Long-term portion

    Fasilitas pinjaman ini dijamin dengan tanah seluas                 For loan facilities secured by land with an area of
    54.445 m2 dan 45 unit tangki yang berdiri di                       54,445 square meters and 45 tank units standing
    atasnya berlokasi di Desa Mangunreja, Pulo                         on it located in Desa Mangunreja, Pulo Ampel,
    Ampel, Serang, Banten dengan Surat Hak Guna                        Serang, Banten with Building Use Rights (SHGB)
    Bangunan (SHGB) No. 32, SHGB No. 34, dan                           No. 32, SHGB No. 34, and SHGB No. 198 on behalf
    SHGB No. 198 atas nama RPU dan piutang usaha                       of RPU and fiduciary trade receivables amounted
    fidusia sebesar Rp 10.000.000.000 (setara dengan                   to Rp 10,000,000,000 (equivalent to US$
    US$ 709.000).                                                      709,000).

    RPU diwajibkan untuk melaporkan kepada                             RPU is required to report to PT Bank Mandiri
    PT Bank Mandiri (Persero) Tbk paling lambat                        (Persero) Tbk maximum 30 (thirty) days after
    30 (tiga puluh) hari sejak dilaksanakan pembagian                  dividend distribution. Dividend distribution can be
    dividen. Pembagian dividen dapat dilakukan                         made if RPU comply with the following financial
    sepanjang RPU memenuhi rasio keuangan berikut:                     ratios:

    •   Rasio dividen yang dibayarkan dengan laba                      •   Dividend paid to net income ratio shall not
        bersih tidak boleh melebihi 100%.                                  exceed 100%.

    •   Rasio hutang        dengan   ekuitas   maksimal                •   Debt to Equity Ratio shall be maximum 200%.
        200%.

    •   Debt Service Charge Ratio minimal 120%.                        •   Debt Service Charge Ratio shall be minimum
                                                                           120%.

    •   Ekuitas tidak diperkenankan negatif.                           •   Equity shall not be in negative.




                                                          - 70 -
Page 289
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    Pada tanggal 31 Desember 2025 dan 2024, RPU                     As of December 31, 2025 dan 2024, RPU is in
    telah memenuhi syarat dan kondisi pinjaman yang                 compliance with the terms and conditions of the
    ditetapkan lenders.                                             loans set by the lenders.

    PT Bank Mandiri (Persero) Tbk - 2                               PT Bank Mandiri (Persero) Tbk – 2

    Berdasarkan Perjanjian Kredit No. WCO.KP/867/                   Based on the Credit Facility Agreement
    TLN/2014 tanggal 1 April 2024, Perusahaan                       No. WCO.KP/867/TLN/2014 dated April 1, 2024,
    memperoleh fasilitas pinjaman berjangka sebesar                 the Company, obtained term loan facility
    Rp     4.000.000.000.000     (setara    dengan                  amounted to Rp 4,000,000,000,000 (equivalent to
    US$ 252.000.000) dengan tingkat suku bunga                      US$ 252,000,000) with annual interest rate of
    compounded IndONIA 90 hari + persentase                         compounded IndONIA 90 days + certain
    tertentu (2024: IDR JIBOR 3 bulan + persentase                  percentage (2024: 3 months IDR JIBOR + certain
    tertentu) per tahun dan jangka waktu 7 tahun                    percentage) and a term of 7 years which will be
    yang akan jatuh tempo pada tanggal 31 Maret                     due on March 31, 2031.
    2031.

    Saldo pinjaman tersebut adalah sebagai berikut:                 The balance of the loans are as follows:

                                         31 Desember/            31 Desember/
                                         December 31,            December 31,
                                             2025                    2024
                                              US$                     US$
    Jumlah                                 238.350.614            247.494.122     Total
    Biaya perolehan pinjaman yang
       belum diamortisasi                      (607.129)             (507.925)    Unamortized transaction costs
    Bersih                                 237.743.485            246.986.197     Net

    Perjanjian ini mencakup persyaratan tertentu yang               The agreement contains certain covenants that
    membatasi Perusahaan untuk tidak melakukan                      restrict the Company in performing certain acts as
    hal-hal tertentu yang tercantum dalam perjanjian                stated in the agreement and maintaining Total
    dan memelihara rasio Total Consolidated Interest-               Consolidated Interest-Bearing Debt to Equity Ratio
    Bearing Debt to Equity tidak melebihi 3 kali.                   shall not exceed 3 times.

    Tidak terdapat jaminan atas fasilitas utang bank                There is no collateral of this bank loan facilities.
    ini.

    Pada tanggal 31 Desember 2025 dan 2024,                         As of December 31, 2025 and 2024, the Company
    Perusahaan telah memenuhi syarat dan kondisi                    is in compliance with the terms and conditions of
    pinjaman yang ditetapkan lenders.                               the loans set by the lenders.

    PT Bank Danamon Indonesia Tbk                                   PT Bank Danamon Indonesia Tbk

    Berdasarkan Akta Perjanjian Credit No. 116                      Based on the Deed of Credit Agreement No. 116
    tanggal   28    Februari   2025,     Perusahaan                 dated February 28, 2025, the Company obtained
    memperoleh fasilitas kredit berjangka sebesar                   a     term    loan    facility   amounted     to
    Rp     2.000.000.000.000     (setara     dengan                 Rp      2,000,000,000,000      (equivalent    to
    US$ 121.721.174) dengan tingkat suku bunga                      US$ 121,721,174) with annual floating interest
    tahunan mengambang sebesar JIBOR 3 bulan                        rate of JIBOR 3 months + certain percentage with
    + persentase tertentu dengan jangka waktu                       period of 84 months.
    84 bulan.

    Pada tanggal 13 Januari 2026, PT Bank Danamon                   On January 13, 2026, PT Bank Danamon
    Indonesia Tbk telah melakukan perubahan suku                    Indonesia Tbk has changed loan interest rate
    bunga pinjaman dengan menggunakan tingkat                       using IndONIA 3 months + certain percentage.
    suku bunga IndONIA 3 bulan + persentase
    tertentu.

    Dana yang diperoleh dari pinjaman digunakan                     Proceeds from the loan were utilized for financing
    untuk keperluan general corporate purpose                       the Company’s general corporate purpose.
    Perusahaan.

    Perjanjian ini mencakup persyaratan tertentu yang               The agreement contains certain covenants that
    membatasi Perusahaan untuk tidak melakukan                      restrict the Company in performing certain acts as
    hal-hal tertentu yang tercantum dalam perjanjian                stated in the agreement and maintaining Total
    dan memelihara rasio Total Consolidated Interest-               Consolidated Interest-Bearing Debt to Equity Ratio
    Bearing Debt to Equity tidak melebihi 3 kali.                   shall not exceed 3 times.




                                                        - 71 -
Page 290
PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


    Saldo pinjaman tersebut adalah sebagai berikut:                   The balance of the loans are as follows:

                                                       31 Desember/
                                                       December 31,
                                                           2025
                                                           US$
    Jumlah                                              119.175.307       Total
    Biaya perolehan pinjaman yang
       belum diamortisasi                                    (348.678)    Unamortized transaction costs
    Bersih                                              118.826.629       Net

    Pelunasan pinjaman      dilakukan    dengan    jadwal             Loan repayments are made with the following
    sebagai berikut:                                                  schedule:

                                             Bulan setelah              Pelunasan
                                          tanggal perjanjian/        pokok pinjaman/
                                             Months after              Repayment
                                          date of agreement            of principal
                                               Months                       %
                                                  27                       0,53
                                                  30                       0,53
                                                  33                       0,53
                                                  36                       0,53
                                                  39                       0,53
                                                  42                       0,53
                                                  45                       0,53
                                                  48                       0,53
                                                  51                       0,53
                                                  54                       0,53
                                                  57                       0,53
                                                  60                       0,53
                                                  63                       0,53
                                                  66                       0,53
                                                  69                       0,53
                                                  72                       0,53
                                                  75                       0,53
                                                  78                       0,53
                                                  81                       0,53
                                                  84                      89,93
                                            Jumlah/Total                   100


    Tidak terdapat jaminan atas fasilitas utang bank ini.             There is no collateral of this bank loan facilities.

    Pada tanggal 31 Desember 2025, Perusahaan                         As of December 31, 2025, the Company is in
    telah memenuhi syarat dan kondisi pinjaman yang                   compliance with the terms and conditions of the
    ditetapkan lenders.                                               loans set by the lenders.

    Bangkok Bank Public Company Limited                               Bangkok Bank Public Company Limited

    Pada tanggal 29 Desember 2025, Perusahaan                         On December 29, 2025, the Company obtained a
    memperoleh fasilitas pinjaman berjangka dari                      term loan facility from Bangkok Bank Public
    Bangkok Bank Public Company Limited sebesar                       Company Limited amounted to US$ 200,000,000
    US$ 200.000.000 dengan tingkat suku bunga per                     with annual interest rate of SOFR + certain
    tahun SOFR + persentase tertentu dengan jangka                    percentage with period of 7 years.
    waktu 7 tahun.

    Dana yang diperoleh dari pinjaman digunakan                       Proceeds from the loan were utilized for financing
    untuk keperluan umum Perusahaan dan/atau                          the Company’s general purposes and/or payment
    pembayaran biaya, ongkos dan pengeluaran yang                     of fees, costs, and expenses related to the Facility.
    berkaitan dengan Fasilitas.

    Perjanjian ini mencakup persyaratan tertentu yang                 The agreement contains certain covenants that
    membatasi Perusahaan untuk tidak melakukan                        restrict the Company in performing certain acts as
    hal-hal tertentu yang tercantum dalam perjanjian                  stated in the agreement and maintaining Total
    dan memelihara rasio Total Consolidated Interest-                 Consolidated Interest-Bearing Debt to Equity Ratio
    Bearing Debt to Equity tidak melebihi 1,5 kali.                   shall not exceed 1.5 times.




                                                            - 72 -
Page 291
PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


    Saldo pinjaman tersebut adalah sebagai berikut:                 The balance of the loans are as follows:

                                                     31 Desember/
                                                     December 31,
                                                         2025
                                                         US$
    Jumlah                                               100.000.000    Total
    Biaya perolehan pinjaman yang
       belum diamortisasi                                 (1.999.281)   Unamortized transaction costs

    Bersih                                                98.000.719    Net
    Dikurangi bagian yang jatuh tempo
       dalam satu tahun                                   (5.000.000)   Less current maturity

    Bagian jangka panjang                                 93.000.719    Long-term portion

    Pelunasan pinjaman dilakukan dengan jadwal                      Loan repayments are made with the following
    sebagai berikut:                                                schedule:

                                           Bulan setelah             Pelunasan
                                        tanggal perjanjian/       pokok pinjaman/
                                           Months after             Repayment
                                        date of agreement           of principal
                                             Months                      %

                                               6                         2,50
                                               12                        2,50
                                               18                        2,50
                                               24                        2,50
                                               30                        5,00
                                               36                        5,00
                                               42                        5,00
                                               48                        5,00
                                               54                       10,00
                                               60                       10,00
                                               66                       10,00
                                               72                       10,00
                                               78                       15,00
                                               84                       15,00
                                          Jumlah/Total                   100


    Tidak terdapat jaminan atas fasilitas utang bank                There is no collateral of this bank loan facilities.
    ini.

    Pada tanggal 31 Desember 2025, Perusahaan                       As of December 31, 2025, the Company is in
    telah memenuhi syarat dan kondisi pinjaman yang                 compliance with the terms and conditions of the
    ditetapkan lenders.                                             loans set by the lenders.


    PT Bank Tabungan Negara (Persero) Tbk                           PT Bank Tabungan Negara (Persero) Tbk

    Berdasarkan surat perjanjian No. 371/S/CBD/CB2/                 Based on the Letter Agreement No. 371/S/CBD/CB2/
    VIII/2025 tanggal 11 Agustus 2025, Perusahaan                   VIII/2025 dated August 11, 2025, the Company
    memperoleh fasilitas kredit jangka panjang                      obtained a term loan facility amounted to
    sebesar Rp 2.000.000.000.000 (setara dengan                     Rp      2,000,000,000,000      (equivalent    to
    US$ 119.175.307) dengan tingkat suku bunga                      US$ 119,175,307) with annual compounded
    tahunan compounded IndONIA 90 hari +                            interest rate of IndONIA 90 days + certain
    persentase tertentu dengan jangka waktu                         percentage with period of 120 months.
    120 bulan.

    Dana yang diperoleh dari pinjaman digunakan                     Proceeds from the loan were utilized for financing
    untuk keperluan general corporate purpose                       the Company’s general corporate purpose.
    Perusahaan.




                                                         - 73 -
Page 292
PT CHANDRA DAYA INVESTASI Tbk                                                   PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                           DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                          THEN ENDED
(Lanjutan)                                                                                          (Continued)


    Saldo pinjaman tersebut adalah sebagai berikut:                The balance of the loans are as follows:

                                                    31 Desember/
                                                    December 31,
                                                        2025
                                                        US$
    Jumlah                                               62.567.036    Total
    Biaya perolehan pinjaman yang
       belum diamortisasi                                (1.185.860)   Unamortized transaction costs
    Bersih                                               61.381.176    Net


    Pelunasan pinjaman dilakukan dengan jadwal                     Loan repayments are made with the following
    sebagai berikut:                                               schedule:

                                          Bulan setelah              Pelunasan
                                       tanggal perjanjian/        pokok pinjaman/
                                          Months after              Repayment
                                       date of agreement            of principal
                                            Months                       %
                                              28                        1,00
                                              40                        1,00
                                              52                        1,00
                                              64                        1,00
                                              76                        1,00
                                              88                        1,00
                                              100                       1,00
                                              112                       1,00
                                              120                      92,00
                                          Jumlah/Total                  100


    Tidak terdapat jaminan atas fasilitas utang bank               There is no collateral of this bank loan facilities.
    ini.

    Perjanjian ini mencakup persyaratan tertentu yang              The agreement contains certain covenants that
    membatasi Perusahaan untuk tidak melakukan                     restrict the Company in performing certain acts as
    hal-hal tertentu yang tercantum dalam perjanjian               stated in the agreement and maintaining Total
    dan memelihara rasio Total Consolidated Interest               Consolidated Interest-Bearing Net Debt reduced
    Bearing Net Debt dikurangi Utang berbasis Non                  by Non-Recourse Debt and cash and cash
    Recourse dan dikurangi uang tunai dan cash                     equivalents, to Equity Ratio shall not exceed 3
    equivalent dibagi Ekuitas tidak melebihi 3 kali.               times.

    Pada tanggal 31 Desember 2025, Perusahaan                      As of December 31, 2025, the Company is in
    telah memenuhi syarat dan kondisi pinjaman yang                compliance with the terms and conditions of the
    ditetapkan lenders.                                            loans set by the lenders.

    PT Bank Central Asia Tbk                                       PT Bank Central Asia Tbk

    Pada tanggal 5 Juni 2023, KCE, entitas anak,                   On June 5, 2023, KCE, a subsidiary, obtained
    memperoleh fasilitas kredit investasi sebesar                  investment credit facility from PT Bank Central
    US$ 50.000.000 dengan tingkat suku bunga JIBOR                 Asia Tbk amounted to US$ 50,000,000 with annual
    3 bulan + persentase tertentu per tahun dan                    interest rate of JIBOR 3 months + certain
    jangka waktu 7 tahun tanpa grace period. Fasilitas             percentage and a term of 7 years without grace
    ini digunakan untuk akuisisi 35% saham KPE.                    period. This facility was utilized for the acquisition
                                                                   of a 35% ownership in KPE.

    Pada tanggal 1 Desember 2025, PT Bank Central                  On December 1, 2025, PT Bank Central Asia Tbk
    Asia telah melakukan perubahan suku bunga                      has changed loan interest rate using IndONIA 90
    pinjaman dengan menggunakan tingkat suku                       days + 1.95% p.a. This interest rate will be
    bunga IndONIA 90 hari + 1,95% p.a. Tingkat suku                effective on December 8, 2025.
    bunga tersebut mulai berlaku efektif pada tanggal
    8 Desember 2025.




                                                         - 74 -
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PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


    Saldo pinjaman tersebut adalah sebagai berikut:               The balances of the loans are as follows:
                                         31 Desember/         31 Desember/
                                         December 31,         December 31,
                                             2025                 2024
                                             US$                  US$
    Jumlah                                   40.039.774          43.276.537    Total
    Biaya perolehan pinjaman yang
       belum diamortisasi                      (561.405)           (772.459)   Unamortized transaction costs
    Bersih                                   39.478.369          42.504.078    Net
    Dikurangi bagian yang jatuh
       tempo dalam satu tahun                (1.779.545)         (1.841.556)   Less current maturity
    Bagian jangka panjang                    37.698.824          40.662.522    Long-term portion

                                          Bulan setelah         Pelunasan
                                       tanggal perjanjian/   pokok pinjaman/
                                           Monts after         Repayment
                                       date of agreement       of principal
                                             Months                 %

                                                3                1,00
                                                6                1,00
                                                9                1,00
                                               12                1,00
                                               15                1,00
                                               18                1,00
                                               21                1,00
                                               24                1,00
                                               27                1,00
                                               30                1,00
                                               33                1,00
                                               36                1,00
                                               39                1,00
                                               42                1,00
                                               45                1,00
                                               48                1,00
                                               51                1,00
                                               54                1,00
                                               57                1,00
                                               60                1,00
                                               63                1,25
                                               66                1,25
                                               69                1,25
                                               72                1,25
                                               75                18,75
                                               78                18,75
                                               81                18,75
                                               84                18,75
                                         Jumlah/Total             100

    Perjanjian ini mencakup persyaratan tertentu yang             The agreement contains certain covenants
    membatasi KCE untuk tidak melakukan hal-hal                   that restrict KCE in performing certain acts as
    tertentu yang tercantum dalam perjanjian dan                  stated in the agreement and maintaining Total
    memelihara rasio Total Interest-Bearing Debt to               Interest-Bearing Debt to Equity Ratio of KCE to not
    Equity tidak melebihi 1 kali.                                 exceed 1 time.

    Pada tanggal 31 Desember 2025 dan 2024, KCE                   As of December 31, 2025 and 2024, KCE is in
    telah memenuhi syarat dan kondisi pinjaman yang               compliance with the terms and conditions of the
    ditetapkan lenders.                                           loans set by the lenders.

    KCE memiliki kontrak dengan tingkat bunga yang                KCE currently has a contract whose interest rate
    mengacu pada JIBOR dan berlaku hingga                         refer to JIBOR and valid until December 7, 2025.
    7 Desember 2025. Sejak 8 Desember 2025, suku                  Since December 8, 2025, the reference interest
    bunga acuan berubah menggunakan Tingkat suku                  rate has changed to use th IndoNIA interest rate.
    bunga IndoNIA. Risiko yang timbul dari transisi               Risks arising from the transition relate principally
    terutama terkait      dengan potensi dampak                   to the potential impact of rate differences if the
    perbedaan suku bunga jika pinjaman jangka                     debt does not transition to the new interest rate
    panjang terkait tidak beralih ke suku bunga acuan             benchmark at the same time and/or the rates
    baru pada saat yang sama dan/atau suku bunga                  move by different amounts. Management will
    bergerak    dengan     jumlah     yang   berbeda.             continue to monitor this and take the necessary
    Manajemen akan terus memonitor hal ini dan                    actions to address related risks and uncertainties
    mengambil tindakan yang diperlukan untuk                      going forward.
    mengatasi risiko dan ketidakpastian terkait di
    masa mendatang.

                                                        - 75 -
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PT CHANDRA DAYA INVESTASI Tbk                                                            PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                    DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                   THEN ENDED
(Lanjutan)                                                                                                   (Continued)


18. LIABILITAS IMBALAN KERJA                                         18. EMPLOYEE BENEFITS OBLIGATION
    Grup menyediakan imbalan kerja jangka pendek,                           The Group provides short-term employee benefits,
    pensiun dan kesejahteraan karyawan lainnya                              retirement benefits and other employee benefits
    untuk seluruh karyawan tetap yang masih aktif                           to its active employees, as follows:
    sebagai berikut:
                                                31 Desember/       31 Desember/
                                                December 31,       December 31,
                                                    2025               2024
                                                    US$                US$

    Bagian liabilitas imbalan kerja                                                   Current maturities of
      jangka panjang yang jatuh tempo                                                   long-term employee
      dalam satu tahun                             1.119.509               703.374      benefits liabilities
    Imbalan kerja jangka pendek lainnya               55.797               148.138    Other short-term employee benefits

    Jumlah                                         1.175.306               851.512    Total

    Liabilitas imbalan kerja jangka panjang                                 Long-term employee benefits
                                                31 Desember/      31 Desember/
                                                December 31,      December 31,
                                                    2025              2024
                                                    US$               US$
                                                                                     In accordance with the collective
    Menurut perjanjian kerja bersama:                                                   labor agreement:
      Program pensiun manfaat pasti                3.352.712             3.362.916      Defined benefit pension plan
      Uang penghargaan masa kerja                    799.285               883.835      Retirement benefits
      Imbalan jangka panjang lainnya                 344.734               171.525      Other long-term beneftis
    Jumlah imbalan kerja jangka panjang            4.496.731             4.418.276   Total long-term employee benefits
    Bagian liabilitas imbalan kerja
      jangka panjang yang jatuh tempo                                                Current maturities of long-term
      dalam satu tahun                            (1.119.509)            (703.374)     employee benefits
    Liabilitas imbalan kerja jangka panjang -
       dikurangi bagian yang jatuh tempo                                             Long-term employee benefits -
       dalam satu tahun                            3.377.222             3.714.902     net of current maturities

    Beban imbalan pasti yang diakui di penghasilan                          Amounts recognized in comprehensive income in
    komprehensif adalah sebagai berikut:                                    respect of the long-term employee benefits are as
                                                                            follows:
                                                     2025                    2024
                                                     US$                     US$
    Biaya jasa:                                                                           Service costs:
       Biaya jasa kini                                 283.097                 285.304      Current service costs
       Biaya jasa lalu                                   4.057                (583.504)     Past service cost
       Biaya bunga - bersih                            559.961                 182.393      Interest costs - net
       Kerugian aktuaria atas imbalan                                                       Actuarial loss on other
          kerja jangka panjang lain                    160.252                -                long-term employee benefit
       Biaya transfer karyawan                          32.810                -             Employee transferred cost
       Selisih kurs atas program dalam                                                      Exchange differences on foreign
          valuta asing                                (477.908)               (514.251)        currency plans
    Subjumlah                                          562.269                (630.058)   Subtotal
    Pengukuran kembali liabilitas                                                         Remeasurement on the net defined
      imbalan pasti - neto:                                                                 benefit liability:
      Kerugian (keuntungan)
        aktuarial yang timbul dari                                                            Losses (gains) arising
        perubahan asumsi                               237.539                (165.777)         from changes in assumptions
    Jumlah                                             799.808                (795.835)   Total

    Beban dicatat sebagai bagian dari beban gaji,                           Expenses are included in salaries, allowance and
    tunjangan dan kesejahteraan karyawan, pada                              employee benefits expenses, under the “Cost of
    “Beban pokok pendapatan, beban penjualan dan                            revenues, selling and general and administrative
    beban umum dan administrasi”.                                           expenses”.

    Grup menghitung dan membukukan imbalan kerja                            The Group calculates and records estimated
    imbalan pasti untuk karyawan yang berhak sesuai                         defined employment benefits for its qualifying
    dengan      Undang-Undang       Ketenagakerjaan                         employees in accordance with Labor Law
    No. 13/2003 dan Undang-Undang Cipta Kerja                               No. 13/2003 and Job Creation Law No. 11/2020.
    No. 11/2020. Jumlah karyawan yang berhak atas                           The number of employees entitled to the benefits
    imbalan kerja tersebut sebanyak 326 pada tanggal                        is 326 as of December 31, 2025 (2024: 320)
    31 Desember 2025 (2024: 320) (tidak diaudit).                           (unaudited).



                                                                - 76 -
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PT CHANDRA DAYA INVESTASI Tbk                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                THEN ENDED
(Lanjutan)                                                                                                (Continued)


    Perhitungan imbalan kerja dihitung oleh aktuaris                     The calculation of employee benefits was
    independen,   KKA     Halim   &   Rekan    pada                      performed by an independent actuary, KKA Halim
    31 Desember 2025 dan 2024 dengan nomor                               & Rekan, as of December 31, 2025 and 2024 with
    laporan sebagai berikut:                                             reports number as follow:

                              31 Desember/December 31, 2025                           31 Desember/December 31, 2024
                             Nomor Laporan/       Tanggal Laporan/                  Nomor Laporan/        Tanggal Laporan/
     Entitas/Entity          Report Number           Report Date                    Report Number            Report Date
                                                       6 Maret 2026/                                          12 Maret 2025/
          KCE          0723/KKA-PA-REP/IK/III/2026     March 6, 2026       0706/KKA-PA-REP/IK/III/2025        March 12, 2025

                                                       6 Maret 2026/                                          12 Maret 2025/
          CDI          0701/KKA-PA-REP/IK/III/2026     March 6, 2026       0689/KKA-PA-REP/IK/III/2025        March 12, 2025

    Program pensiun KCE tersebut dikelola oleh Dana                      The pension plan of KCE is managed by Dana
    Pensiun Krakatau Steel (“DPKS”), pihak berelasi                      Pensiun Krakatau Steel (“DPKS”), a related party
    dari KCE, yang didirikan berdasarkan Surat                           of KCE, which was established based on
    Keputusan    Menteri   Keuangan     No.    KEP-                      the   Minister  of  Finance   Decision    Letter
    121/KM.17/1998 tanggal 16 Maret 1998.                                No. KEP-121/KM.17/1998 dated March 16, 1998.

    Pada tanggal 19 Juni 2020, PT Krakatau Steel                         On June 19, 2020, PT Krakatau Steel (Perseroan)
    (Perseroan) Tbk (“KS”) dan perhimpunan                               Tbk and a pensioners association entered into a
    pensiunan menandatangani nota kesepakatan                            memorandum of understanding which agreed to
    yang menyetujui perubahan Peraturan Dana                             amend Pension Fund Regulations in DPKS relating
    Pensiun     di   DPKS    sehubungan     dengan                       to the removal of the increment rate of 5% per
    penghapusan kenaikan manfaat sebesar 5% per                          annum. The changes in the defined benefit
    tahun. Perubahan program pensiun manfaat pasti                       pension program have been ratified by Financial
    ini telah disahkan oleh Otoritas Jasa Keuangan                       Services Authority (“OJK”) on November 27, 2020.
    (“OJK”) pada tanggal 27 November 2020.

    Program pensiun imbalan pasti memberikan                             The defined benefit pension plan typically expose
    eksposur Grup terhadap risiko aktuarial seperti                      the Group to actuarial risks such as interest rate
    risiko tingkat bunga dan risiko gaji.                                risk and salary risk.

    Risiko Tingkat Bunga                                                 Interest Risk

    Penurunan    suku       bunga    obligasi    akan                    A decrease in the bond interest rate will increase
    meningkatkan    liabilitas   program;     namun,                     the plan liability; however, this will be partially
    sebagian akan dioffset (saling hapus) oleh                           offset by an increase in the return on the plan’s
    peningkatan imbal hasil atas investasi instrumen                     debt investments.
    utang.

    Risiko Gaji                                                          Salary Risk

    Nilai kini kewajiban imbalan pasti dihitung dengan                   The present value of the defined benefit plan
    mengacu pada gaji masa depan peserta program.                        liability is calculated by reference to the future
    Dengan demikian, kenaikan gaji peserta program                       salaries of plan participants. As such, an increase
    akan meningkatkan liabilitas program itu.                            in the salary of the plan participants will increase
                                                                         the plan’s liability.

    Program pensiun manfaat pasti                                        Defined benefits pension plan

    Penilaian aktuaria dilakukan dengan mengunakan                       The actuarial valuation was carried out using the
    asumsi utama sebagai berikut:                                        following key assumptions:

                                            31 Desember/             31 Desember/
                                            December 31,             December 31,
                                                2025                     2024
    Tingkat diskonto per tahun                                                           Discount rate per annum
       Perusahaan                              6,20%                    7,10%               the Company
       KCE                                     6,50%                    7,10%               KCE
    Tingkat kenaikan gaji per tahun                                                      Salary increment rate per annum
       Perusahaan                              6,00%                    7,00%               the Company
       KCE                                     6,00%                    7,00%               KCE
    Tingkat kematian                                                                     Mortality rate
       Perusahaan                              TMI IV             TMI IV                    the Company
       KCE                                     GAM 71             GAM 71                    KCE
    Tingkat cacat                          10% dari tingkat   10% dari tingkat           Disability rate
                                             mortalitas/        mortalitas/
                                         10% from mortality 10% from mortality
                                                date               date
    Usia pensiun                                                                         Normal retirement age
      Perusahaan                           57 tahun/years        57 tahun/years            the Company
      KCE                                  56 tahun/years        56 tahun/years            KCE



                                                            - 77 -
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PT CHANDRA DAYA INVESTASI Tbk                                                        PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                               THEN ENDED
(Lanjutan)                                                                                               (Continued)


    Liabilitas Grup sehubungan dengan program                           The amounts included in the consolidated
    pensiun imbalan pasti yang termasuk dalam                           statement of financial position arising from the
    laporan posisi keuangan konsolidasian adalah                        Group’s obligation in respect of the defined
    sebagai berikut:                                                    benefits plans are as follows:

                                            31 Desember/            31 Desember/
                                            December 31,            December 31,
                                                2025                    2024
                                                US$                     US$

    Nilai kini kewajiban yang didanai                                                Present value of funded and
       dan tidak didanai                        7.950.940               7.931.794       unfunded obligations
    Nilai wajar aset program                   (4.598.228)             (4.568.878)   Fair value of plan assets

    Liabilitas bersih yang timbul dari                                               Net liability arising from defined
       kewajiban imbalan pasti                  3.352.712               3.362.916      benefit obligation

    Mutasi nilai kini program pensiun manfaat pasti                     Movements in the present value of the defined
    adalah sebagai berikut:                                             benefits pension plan are as follows:

                                               2025                    2024
                                               US$                     US$

    Kewajiban imbalan pasti - awal             7.931.794               8.830.051     Opening defined benefit obligation
    Biaya jasa kini                              176.057                  68.551     Current service costs
    Biaya bunga                                  486.386                  81.387     Interest costs
    Pengukuran kembali
       Kerugian dan keuntungan                                                       Remeasurement:
          aktuarial yang timbul dari                                                   Actuarial gains and losses arising
          perubahan asumsi                       284.088                  (82.635)        from changes in assumptions
    Pembayaran manfaat                          (711.052)               (905.041)    Benefits paid
    Biaya mutasi karyawan                         32.810                   12.636    Cost transferred employee
    Iuran karyawan                                  (136)                -           Employee contribution
    Selisih kurs atas program dalam                                                  Exchange differences on foreign
       valuta asing                             (249.007)                (73.155)      currency plans

    Kewajiban imbalan pasti - akhir            7.950.940               7.931.794     Closing defined benefits obligation

    Mutasi nilai wajar dari aset program adalah                         Movements in the fair value of the plan assets are
    sebagai berikut:                                                    as follows:

                                                2025                    2024
                                                US$                     US$
    Nilai wajar aset program - awal             4.568.878               4.759.748    Opening fair value of plan assets
    Penghasilan bunga                             316.286                 270.341    Interest income
    Pengukuran kembali:                                                              Remeasurement:
       Imbal hasil aset program (tidak                                                  Return on plan assets (excluding
          termasuk jumlah yang dimasukkan                                                  amounts included in net interest
          dalam beban bunga neto)                (120.358)               (139.679)         expense
    Kontribusi pemberi kerja                      692.878                 660.682    Contributions from the employer
    Pembayaran manfaat                           (702.917)               (770.716)   Benefits paid
    Selisih kurs atas program dalam
       valuta asing                              (156.539)               (211.498)   Exchange differences on foreign plans

    Nilai wajar aset program - akhir            4.598.228               4.568.878    Closing fair value of plan assets

    Kategori utama aset program adalah sebagai                          The major categories of plan assets are as follows:
    berikut:

                                            31 Desember/            31 Desember/
                                            December 31,            December 31,
                                                2025                    2024
                                                US$                     US$
    Instrumen utang                             1.949.240               2.058.543     Debt instruments
    Properti                                      643.693                 949.838     Property
    Instrumen ekuitas                           1.060.588                 581.493     Equity instruments
    Reksadana                                     221.952                 287.723     Mutual funds
    Deposito                                      303.604                 288.725     Deposits
    Lain-lain                                     419.151                 402.556     Others
    Jumlah                                      4.598.228               4.568.878     Total




                                                           - 78 -
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PT CHANDRA DAYA INVESTASI Tbk                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                THEN ENDED
(Lanjutan)                                                                                                (Continued)


    Uang Penghargaan Masa Kerja                                          Retirement Benefits

    Perhitungan pensiun menggunakan metode                               The calculations of pension using the Projected
    Projected Unit Credit dengan asumsi-asumsi                           Unit  Credit    method    with   the  following
    sebagai berikut:                                                     assumptions:
                                             31 Desember/             31 Desember/
                                             December 31,             December 31,
                                                 2025                     2024

    Tingkat diskonto per tahun              6,70% - 7,10%      6,70% - 7,10%           Discount rate per annum
    Tingkat kenaikan gaji per tahun              7,00%              7,00%              Salary increment rate per annum
    Tingkat kematian                          TMI IV-2019        TMI IV-2019           Mortality rate
    Tingkat cacat                           10% dari tingkat   10% dari tingkat        Disability rate
                                               mortalitas/        mortalitas/
                                          10% from mortality 10% from mortality
                                                  date               date
    Usia pensiun                             57 tahun/years     57 tahun/years         Normal retirement age

    Mutasi atas nilai kini liabilitas imbalan pasti adalah               Movements in the present value of the defined
    sebagai berikut:                                                     benefit obligation were as follows:
                                                2025                    2024
                                                US$                     US$

    Kewajiban imbalan pasti - awal                 883.835               1.324.318    Opening defined benefit obligation
    Perubahan yang dibebankan                                                         Changes charged to
    ke laba rugi :                                                                    to profit or loss:
       Biaya jasa kini                              82.891                 120.994       Current service cost
       Biaya bunga                                  58.984                  80.990       Interest cost
       Biaya jasa lalu                               4.057                (389.544)      Past service cost

    Subjumlah                                      145.932                (187.560)   Subtotal
    Pengukuran kembali diakui dalam                                                   Remeasurement recognized in
    penghasilan komprehensif lain:                                                    other comprehensive income:
      Perubahan aktuarial yang timbul                                                   Actuarial changes arising from
      dari perubahan:                                                                   changes in:
         Asumsi keuangan                           (40.428)                (53.549)        Financial assumption
         Penyesuaian atas pengalaman              (126.479)                (29.593)        experience adjustments

    Subjumlah                                     (166.907)                (83.142)   Subtotal

    Pembayaran tahun berjalan                       (3.598)                (86.476)   Benefits paid during the year
    Transfer kas untuk pengalihan                                                     Cash transfrerred to
       karyawan                                       2.882                  28.814     employee mutation
    Perubahan kurs                                 (62.859)               (112.119)   Foreign exchange rate change

    Nilai akhir                                    799.285                 883.835    Ending balance


    Imbalan kerja jangka panjang lainnya                                 Other long-term benefits

    Mutasi liabilitas tunjangan cuti besar dan kesetiaan                 The movements of long-leave benefits and service
    adalah sebagai berikut:                                              awards liabilities were as follows:

                                                2025                    2024
                                                US$                     US$

    Kewajiban imbalan pasti - awal                 171.525                 349.795    Opening defined benefit obligation
    Perubahan yang dibebankan                                                         Changes charged to
    ke laba rugi :                                                                    to profit or loss:
       Biaya bunga                                  14.591                  20.016       Interest cost
       Biaya jasa kini                              24.147                  95.759       Current service cost
       Pembayaran manfaat                                                                Benefits paid
          tahun berjalan                           (16.278)                (84.381)         during the year
       Transfer kas untuk                                                                Cash transferred to
          pengalihan karyawan                      160.252                  (3.415)         employee mutation
       Biaya jasa lalu                                 -                  (193.960)      Past service cost
       Perubahan kurs                               (9.503)                (12.289)      Foreign exchange rate change

    Saldo akhir                                     344.734                171.525    Ending balance




                                                             - 79 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    Asumsi aktuarial yang signifikan untuk penentuan                   Significant   actuarial   assumptions    for   the
    kewajiban imbalan pasti adalah tingkat diskonto                    determination of the defined obligation are
    dan kenaikan gaji yang diharapkan. Sensitivitas                    discount rate and expected salary increase. The
    analisis di bawah ini ditentukan berdasarkan                       sensitivity analysis below have been determined
    masing-masing perubahan asumsi yang mungkin                        based on reasonably possible changes of the
    terjadi pada akhir periode pelaporan, dengan                       respective assumptions occurring at the end of the
    semua asumsi lain konstan:                                         reporting period, while holding all other
                                                                       assumptions constant:

                                          31 Desember/          31 Desember/
                                          December 31,          December 31,
                                              2025                  2024
                                              US$                   US$
    Tingkat diskonto                                                                Discount rate
    Tingkat diskonto +1%                       7.731.988            8.437.115       Discount rate +1%
    Tingkat diskonto -1%                       9.066.833            9.880.404       Discount rate -1%
    Tingkat kenaikan gaji                                                           Salary increase rate
    Tingkat kenaikan gaji +1%                  8.487.829            8.666.986       Salary increase rate +1%
    Tingkat kenaikan gaji -1%                  8.234.673            8.413.866       Salary increase rate -1%


    Analisis sensitivitas yang disajikan di atas mungkin               The sensitivity analysis presented above may not
    tidak mewakili perubahan yang sebenarnya dalam                     be representative of the actual change in the
    kewajiban imbalan pasti mengingat bahwa                            defined benefit obligation as it is unlikely that the
    perubahan asumsi terjadinya tidak terisolasi satu                  change in assumptions would occur in isolation of
    sama lain karena beberapa asumsi tersebut                          one another as some of the assumptions may be
    mungkin berkorelasi.                                               correlated.

    Selanjutnya,      dalam      menyajikan     analisis               Furthermore, in presenting the above sensitivity
    sensitivitas di atas, nilai kini kewajiban imbalan                 analysis, the present value of the defined benefit
    pasti dihitung dengan menggunakan metode                           obligation has been calculated using the projected
    projected unit credit pada akhir periode pelaporan,                unit credit method at the end of the reporting
    yang sama dengan yang diterapkan dalam                             period, which is the same as that applied in
    menghitung liabilitas manfaat pasti yang diakui                    calculating    the  defined   benefit   obligation
    dalam laporan posisi keuangan konsolidasian.                       recognized in the consolidated statements of
                                                                       financial position.

    Durasi rata-rata dari kewajiban imbalan pada                       The average duration of the defined benefits
    tanggal 31 Desember 2025 adalah 15,7 tahun                         obligation at December 31, 2025 is 15.7 years
    (2024: 8,8 tahun), yang sepenuhnya terdiri dari                    (2024: 8.8 years), that consists of active
    anggota aktif.                                                     members.


19. MODAL SAHAM                                                 19. CAPITAL STOCK

                                                                        31 Desember/December 31, 2025
                                                             Jumlah              Persentase         Jumlah modal
                                                             saham/             kepemilikan/           disetor/
               Nama pemegang saham/                        Number of            Percentage              Total
                Name of stockholders                         shares            of ownership        paid-up capital
                                                                                     %                   US$

    PT Chandra Asri Pacific Tbk                            74.897.620.800                  60,00               477.313.881
    Phoenix Power B.V.                                     37.448.816.400                  30,00               238.656.979
    Andre Khor Kah Hin                                         19.250.000                   0,02                   122.678
    Fransiskus Ruly Aryawan                                     5.600.000              -                            35.688
    Jonathan Kandinata                                          5.000.000              -                            31.864
    Merly                                                       4.000.000              -                            25.492
    Agus Lukmanul Hakim                                         1.500.000              -                             9.559
    Masyarakat (masing-masing dibawah 5%)/
      Public (each below 5%)                               12.447.587.500                   9,98                79.327.037

    Jumlah/Total                                       124.829.374.700                     100,00              795.523.178




                                                           - 80 -
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PT CHANDRA DAYA INVESTASI Tbk                                                  PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                          DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                         THEN ENDED
(Lanjutan)                                                                                         (Continued)


                                                                        31 Desember/December 31, 2024
                                                          Jumlah                Persentase          Jumlah modal
                                                          saham/               kepemilikan/            disetor/
              Nama pemegang saham/                      Number of               Percentage              Total
               Name of stockholders                       shares               of ownership        paid-up capital
                                                                                    %                    US$

    PT Chandra Asri Pacific Tbk                             3.318.249                    70,00                428.078.307
    Phoenix Power B.V.                                      1.422.107                    30,00                183.462.169

    Jumlah/Total                                            4.740.356                  100,00                 611.540.476

    Berdasarkan     Akta    Pernyataan      Keputusan               Based on Notarial Deed of Shareholders’
    Pemegang Saham Perubahan Anggaran Dasar                         Statement Change of Article of Association No. 78
    No. 78 tanggal 14 Maret 2025 dari Jose Dima                     dated on March 14, 2025 of Jose Dima Satria S.H.,
    Satria S.H., M.Kn., Notaris di Jakarta, pemegang                M.Kn., Notary in Jakarta, the shareholders of the
    saham Perusahaan menyetujui, diantaranya:                       Company approves, among others:

    •   Peningkatan modal dasar Perusahaan dari                     •     Increase in the Company's authorized capital
        sebelumnya berjumlah Rp 10.000.000.000.000                        from the previous Rp 10,000,000,000,000 to
        menjadi Rp 20.000.000.000.000.                                    Rp 20,000,000,000,000.

    •   Pemecahan nilai nominal saham Perusahaan                    •     Stock split on the Company’s nominal value
        dengan rasio 1:20.000 dari sebelumnya                             with ratio 1:20,000 from Rp 2,000,000 per
        sebesar Rp 2.000.000 per lembar saham                             share to Rp 100 per share.
        menjadi sebesar Rp 100 per lembar saham.

    •   Menyetujui    rencana  Perusahaan untuk                     •     Approved the Company’s plan to conduct an
        melakukan     Penawaran Umum Perdana                              Initial Public Offering.
        Saham.

    •   Menyetujui dalam rangka pelaksanaan                         •     Approved in relation to Initial Public Offering:
        Penawaran Umum Perdana Saham:

        1.   Perubahan status Perusahaan dari                             1.   Change of the Company’s status from
             Perusahaan terbatas tertutup menjadi                              Private Company to Public Company and
             Perusahaan   terbatas   terbuka dan                               the change in the Company’s name to
             merubah nama Perusahaan menjadi                                   become PT Chandra Daya Investasi Tbk.
             PT Chandra Daya Investasi Tbk.

        2.   Pengeluaran saham dalam simpanan                             2.   Issuance of shares in the Company's
             Perusahaan sebanyak-banyaknya sebesar                             reserves of a maximum of 14% of the
             14% dari seluruh modal ditempatkan dan                            Company's total issued and paid-up
             disetor Perusahaan melalui Penawaran                              capital through an Initial Public Offering
             Umum       Perdana    Saham     kepada                            of Shares to the Public at an offering price
             Masyarakat dengan harga penawaran                                 and number of shares to be determined
             dan jumlah saham yang akan ditetapkan                             by the Company's Board of Directors
             oleh    Direksi   Perusahaan    setelah                           after obtaining approval from the
             mendapatkan      persetujuan    Dewan                             Company's Board of Commissioners.
             Komisaris Perusahaan.

    •   Penyesuaian    dan  menyatakan      kembali                 •     Adjustment and restating the provisions of
        ketentuan-ketentuan     Anggaran      Dasar                       the Company's Articles of Association to
        Perusahaan    untuk   disesuaikan   dengan                        comply with applicable stock exchange
        peraturan pasar modal yang berlaku.                               regulations.

    •   Menyetujui perubahan jenis Perusahaan dari                  •     Approve the change of type of Company from
        Perusahaan penanaman modal asing menjadi                          a foreign investment Company to a domestic
        Perusahaan penanaman modal dalam negeri                           investment Company which will be effective
        yang akan berlaku efektif pada saat                               when the shares are listed on the Stock
        pencatatan saham terjadi pada Bursa Efek.                         Exchange.

    Akta perubahan ini telah memperoleh persetujuan                 The deed was approved by the Minister of Law and
    dari Menteri Hukum dan Hak Asasi Manusia                        Human Rights of Republic of Indonesia in his
    Republik Indonesia dengan Surat Keputusannya                    Decision Letter No. AHU-0019086.AH.01.02 Year
    No. AHU-0019086.AH.01.02 Tahun 2025 tanggal                     2025 dated March 17, 2025.
    17 Maret 2025.


                                                        - 81 -
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PT CHANDRA DAYA INVESTASI Tbk                                                             PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                     DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                    THEN ENDED
(Lanjutan)                                                                                                    (Continued)


    Berdasarkan     Akta     Pernyataan     Keputusan                          Based on Notarial Deed of Shareholders’
    Pemegang Saham Perubahan Anggaran Dasar                                    Statement Change of Article of Association No. 25
    No. 25 tanggal 11 April 2025 dari Jose Dima Satria                         dated on April 11, 2025 of Jose Dima Satria S.H.,
    S.H., M.Kn., Notaris di Jakarta, pemegang saham                            M.Kn., Notary in Jakarta, the shareholders of the
    Perusahaan menyetujui peningkatan modal                                    Company approves, among others increased its
    ditempatkan     dan    disetor    penuh   sebesar                          issued and paid up capital amounted to
    Rp 1.753.931.720.000 (atau setara dengan                                   Rp    1,753,931,720,000     (or   equivalent   to
    US$ 107.084.177) terbagi atas 17.539.317.200                               US$ 107,084,177) consist of 17,539,317,200
    lembar saham baru dari Rp 9.480.712.000.000                                shares from Rp 9,480,712,000,000 (or equivalent
    (atau setara dengan US$ 611.540.476) terbagi                               to US$ 611,540,476) consist of 94,807,120,000
    atas 94.807.120.000 lembar saham menjadi                                   shares to Rp 11,234,643,720,000 (or equivalent
    Rp 11.234.643.720.000 (atau setara dengan                                  to US$ 718,624,653) consist of 112,346,437,200
    US$ 718.624.653) terbagi atas 112.346.437.200                              shares.
    lembar saham.

    Berdasarkan     Akta     Pernyataan    Keputusan                           Based on the Deed of Statement of Shareholders’
    Pemegang Saham Perubahan Anggaran Dasar                                    Resolution on the Amendment of the Articles of
    No. 83 tanggal 15 Juli 2025 dari Jose Dima Satria                          Association No. 83 dated July 15, 2025, drawn up
    S.H., M.Kn., Notaris di Jakarta, pemegang saham                            before Jose Dima Satria, S.H., M.Kn., Notary in
    Perusahaan menyetujui peningkatan modal                                    Jakarta, the Company’s shareholders approved an
    ditempatkan dan disetor Perseroan sehubungan                               increase in the Company’s issued and paid-up
    dengan pelaksanaan Penawaran Umum Perdana                                  capital in connection with the implementation of
    Saham Perseroan sebesar Rp 1.248.293.750.000                               the Company’s Initial Public Offering amounting to
    (atau setara dengan US$ 76.898.525) yang terdiri                           Rp    1,248,293,750,000      (or    equivalent  to
    atas 12.482.937.500 lembar saham. Akta                                     US$ 76,898,525), consisting of 12,482,937,500
    perubahan ini telah memperoleh persetujuan dari                            shares. The deed was approved by the Minister of
    Menteri Hukum dan Hak Asasi Manusia Republik                               Law and Human Rights of Republic of Indonesia in
    Indonesia     dengan      Surat     Keputusannya                           his Decision Letter No. AHU-AH.01.03-0187701.
    No. AHU-AH.01.03-0187701. Tahun 2025 tanggal                               Tahun 2025 dated July 17, 2025.
    17 Juli 2025.

    Berdasarkan Keputusan Edaran Sebagai Pengganti                             Based on Circular Resolutions in Lieu of The
    Rapat Umum Pemegang Saham Luar Biasa pada                                  Extraordinary General Meeting of Shareholders
    tanggal 28 Maret 2025, Pemegang Saham                                      dated March 28, 2025, the Shareholders approved
    Tahunan menyetujui pembagian dividen tahun                                 the distribution of fiscal year 2024 dividend
    2024 sebesar US$ 20.000.000. Dividen ini telah                             amounting to US$ 20,000,000. This dividend has
    dibayarkan pada 23 Juni 2025.                                              been distributed on June 23, 2025.


20. TAMBAHAN MODAL DISETOR                                           20. ADDITIONAL PAID-IN CAPITAL

                                               31 Desember/        31 Desember/
                                               December 31,        December 31,
                                                   2025                2024
                                                   US$                 US$
    Agio saham atas pelunasan 1.442.107                                                Additional paid-in capital of 1,442,107
       saham dengan nilai nominal                                                         shares with par value of
       Rp 2.000.000 per saham                                                             Rp 2,000,000 per share
       (setara dengan US$ 129)                    10.529.002             10.529.002       (equivalent to US$ 129)
    Agio saham atas pelunasan 17.539.317.200                                           Additional paid-in capital of 17,539,317,200
       saham dengan nilai nominal                                                         shares with par value of
       Rp 100 per saham                                                                   Rp 100 per share
       (setara dengan US$ 0,006)                  74.869.141               -              (equivalent to US$ 0.006)
    Dikurangi biaya emisi saham                   (2.910.000)            (2.910.000)   Less stock issuance costs
    Selisih nilai transaksi restrukturisasi                                            Difference in value of restructuring transactions
       entitas sepengendali (Catatan 22)            (789.398)              (322.864)      among entity under common control (Note 22)
    Biaya emisi saham                             (3.880.386)               -          Share issuance costs
    Tambahan modal disetor saat Penawaran
       Umum Saham Perdana                         68.565.610               -           Additional paid-in capital from IPO
    Jumlah                                       146.383.969              7.296.138    Total


    Agio saham merupakan selisih antara jumlah nilai                           This account represents the difference between
    nominal saham seperti yang tercantum dalam                                 the total par value of shares as stated in the
    Anggaran Dasar Perusahaan dengan jumlah yang                               Company’s Articles of Association and the amount
    sesungguhnya dibayar oleh para pemegang                                    actually paid by the stockholders.
    saham.




                                                                - 82 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


21. KEPENTINGAN NONPENGENDALI                                 21. NON-CONTROLLING INTERESTS

    Kepentingan nonpengendali atas aset        bersih                Non-controlling interest in              net   assets   of
    entitas anak adalah sebagai berikut:                             subsidiaries are as follows:
                                             Bagian kepemilikan kepentingan
                                             dan hak suara yang dimiliki oleh
                                              kepentingan nonpengendali/
                                            Proportion of ownership interest
                                               and votiing rights held by                 Kepentingan nonpengendali/
                                                non-controlling interest                    Non-controlling interest
                                           31 Desember/         31 Desember/           31 Desember/        31 Desember/
              Nama entitas anak/           December 31,         December 31,           December 31,        December 31,
              Name of subsidiary               2025                  2024                  2025                 2024
                                                %                     %                    US$                   US$
    KCE dan entitas anak/
    KCE and its subsidiary                      30                         30               54.609.372              58.225.193
    CTK                                         35                          -                5.199.763                -
    RPU                                         49                         49                3.161.693               2.540.179
    CCC                                         20                          -                  159.710                -
    CIP                                        0,01                         -                        4                -
    CSP dan entitas anak/
    CSP and its subsidiary                     0,01                    0,01                               1            -
    CSI dan entitas anak/
    CSI and its subsidiaries                       -                       51                  -                    22.256.814
    MIM                                            -                       51                  -                    15.201.229
    Jumlah/Total                                                                            63.130.543              98.223.415

    Perubahan kepentingan nonpengendali adalah                       The changes in non-controlling interest are as
    sebagai berikut:                                                 follows:

                                              2025                   2024
                                              US$                    US$
    Saldo awal periode                       98.223.415              63.517.936    Balance at beginning of the period
    Penambahan atas kepentingan
       nonpengendali dari akuisisi                                                 Addition of non-controlling interest
       entitas anak                            -                      1.665.594      from acquisition of subsidiary
    Perubahan ekuitas sehubungan dengan                                            Change in equity due to increase
       penambahan modal ditempatkan                                                  of issued and paid-up capital
       dan disetor pada entitas anak        129.162.448              35.575.874      of subsidiaries
    Perubahan atas kepentingan
       nonpengendali sehubungan dengan                                             Changes in non-controlling interest
       pengalihan modal ditempatkan dan                                               due to the transfer of issued and
       disetor pada entitas anak           (161.296.040)               -              paid-up capital of subsidiaries
    Pembagian dividen entitas anak                                                 Dividends distributed by subsidiaries
       kepada kepentingan nonpengendali      (9.780.307)             (4.793.164)      to non-controlling interests
    Penghasilan komprehensif
       tahun berjalan                         6.821.027               2.257.175    Comprehensive income for the year

    Saldo akhir periode                      63.130.543              98.223.415    Balance at end of period

    Ringkasan informasi keuangan pada entitas anak                   Summarized financial information in respect of the
    Grup yang memiliki kepentingan nonpengendali                     Group’s subsidiaries that has material non-
    yang material ditetapkan di bawah ini. Ringkasan                 controlling interest is set out below. The
    informasi keuangan di bawah ini merupakan                        summarized      financial  information      below
    jumlah sebelum eliminasi intra grup.                             represents     amounts     before      intragroup
                                                                     eliminations.

    KCE dan Entitas Anak                                             KCE and its Subsidiary

                                          31 Desember/            31 Desember/
                                          December 31,            December 31,
                                              2025                    2024
                                              US$                     US$
    Aset lancar                              52.987.102              73.124.656     Current assets

    Aset tidak lancar                       220.125.442             204.352.091     Non-current assets
    Liabilitas jangka pendek                 25.581.539              13.408.710     Current liabilities
    Liabilitas jangka panjang                44.285.960              48.494.732     Non-current liabilities




                                                         - 83 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


                                              2025                    2024
                                              US$                     US$
    Pendapatan                              105.835.894              91.861.353         Revenue
    Laba periode berjalan                     8.519.010               2.831.354         Profit for the period
    Jumlah penghasilan komprehensif                                                     Total comprehensive income for
      tahun berjalan                             15.174               3.835.326           the period

    CTK dan Entitas Anak                                              CTK and its Subsidiaries

                                                 31 Desember/
                                                 December 31,
                                                     2025
                                                     US$

    Aset lancar                                      11.330.836          Current assets

    Aset tidak lancar                                    2.659.798       Non-current assets

    Liabilitas jangka pendek                               70.628        Current liabilities

                                                     2025
                                                     US$

    Rugi tahun berjalan                                  (452.569)       Loss for the year

    Jumlah kerugian komprehensif                                         Total comprehensive loss for
      tahun berjalan                                     (452.569)         the year

    RPU                                                               RPU

                                         31 Desember/             31 Desember/
                                         December 31,             December 31,
                                             2025                     2024
                                             US$                      US$

    Aset lancar                                 909.176                 929.365        Current assets
    Aset tidak lancar                        10.265.075               9.000.136        Non-current assets
    Liabilitas jangka pendek                  1.765.420               1.504.880        Current liabilities
    Liabilitas jangka panjang                 3.008.730               3.267.111        Non-current liabilities

                                             2025                    2024
                                             US$                     US$

    Pendapatan                                5.557.596               4.771.539        Revenue
    Laba tahun berjalan                       1.615.540               1.119.457        Profit for the year
    Jumlah penghasilan komprehensif                                                    Total comprehensive income for
      tahun berjalan                          1.615.540               1.091.462          the year



22. SELISIH       NILAI        TRANSAKSI                      22. DIFFERENCE IN VALUE OF RESTRUCTURING
    RESTRUKTURISASI ENTITAS SEPENGENDALI                          TRANSACTIONS AMONG ENTITY UNDER
                                                                  COMMON CONTROL

    RPU                                                               RPU

    Pada 17 Mei 2023, Perusahaan membeli seluruh                      On May 17, 2023, the Company acquired all
    saham RPU yang dimiliki oleh CAP, pemegang                        interests of RPU owned by CAP, a shareholder. The
    saham. Akuisisi yang dilakukan adalah transaksi                   acquisition    was   a   business    combination
    kombinasi bisnis entitas sepengendali yang dicatat                transaction between entities under common
    berdasarkan metode penyatuan kepemilikan.                         control which was accounted for under the pooling
                                                                      of interest method.

    Selisih sebesar US$ 322.864 antara harga                          The difference of US$ 322,864 between the
    pengalihan sebesar US$ 1.998.649 dan nilai buku                   transfer price amounted to US$ 1,998,649 and the
    aset bersih yang diperoleh sebesar US$ 1.675.785                  book value of net assets acquired amounted to
    disajikan sebagai “tambahan modal disetor”                        US$ 1,675,785 was presented as an item of
    (Catatan 20).                                                     “additional paid-in capital” (Note 20).




                                                         - 84 -
Page 303
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


    CIP                                                             CIP

    Berdasarkan     Akta   Pengambilalihan    Saham                 Based on the Shares Transfer Deed No. 100 dated
    No. 100 tanggal 21 April 2025 antara                            April 21, 2025 between PT Barito Pacific Tbk and
    PT   Barito    Pacific Tbk    dan   Perusahaan,                 the Company, PT Barito Pacific Tbk transfer
    PT Barito Pacific Tbk mengalihkan 20.390 lembar                 20,390     shares     of CIP    amounting     to
    saham CIP senilai Rp 89.955.882.353 (atau setara                Rp     89,955,882,353    (or    equivalent    to
    dengan US$ 5.352.101) atau setara dengan                        US$ 5,352,101) or equal to 99.95% ownership of
    99,95% kepemilikan dari PT Barito Pacific Tbk.                  PT Barito Pacific Tbk.

    Berdasarkan Akta Jual Beli Saham No. 101 tanggal                Based on the Shares Sales and Purchase Deed
    21 April 2025 antara GI dan Perusahaan,                         No. 101 dated April 21, 2025 between GI and the
    Perusahaan membeli 9 lembar saham CIP senilai                   Company, the Company purchased 9 CIP shares
    Rp 39.705.882 (atau setara dengan US$ 2.361)                    amounting to Rp 39,705,882 (or equivalent to
    yang setara dengan 90% kepemilikan dari GI.                     US$ 2,361) which equal to 90% ownership of GI.

    Dengan demikian, Perusahaan memiliki 99,99%                     Accordingly, the Company owned 99.99% of the
    kepemilikan atas saham CIP.                                     shares in CIP.

    Akuisisi  yang    dilakukan    adalah    transaksi              The acquisition was a business combination
    kombinasi bisnis entitas sepengendali yang dicatat              transaction between entities under common
    berdasarkan metode penyatuan kepemilikan.                       control which was accounted for under the pooling
                                                                    of interest method.

    Selisih sebesar US$ 787.656 antara harga                        The difference of US$ 787,656 between the
    pengalihan sebesar US$ 5.352.101 dan nilai buku                 transfer price amounted to US$ 5,352,101 and the
    aset    bersih     yang     diperoleh  sebesar                  book value of net assets acquired amounted to
    US$ 4.564.445 disajikan sebagai “tambahan                       US$ 4,564,445 was presented as an item of
    modal disetor” (Catatan 20).                                    “additional paid-in capital” (Note 20).

    CSI dan MIM                                                     CSI and MIM

    Pada tanggal 1 Oktober 2025, Perusahaan                         On October 1, 2025, the Company acquired 51%
    mengambil alih 51% kepemilikan BPN di CSI dan                   ownership of BPN in CSI and MIM, with the
    MIM dengan jumlah lembar saham dan harga                        number of shares and acquisition cost amounted:
    perolehan masing-masing :

                                                              Jumlah Modal
                                         Jumlah lembar        Ditempatkan
                                            Saham/         dan Disetor Penuh/
                                           Number of      Total Issued and
                                             Shares         Fully Paid Capital

    CSI                                     9.684.758             87.625.078     CSI
    MIM                                    11.864.943             73.349.841     MIM

    Selisih sebesar US$ 321.122 antara harga                        The difference of US$ 321,122 between the
    pengalihan sebesar US$ 160.974.918 dan nilai                    transfer price amounted to US$ 160,974,918 and
    buku aset bersih yang diperoleh sebesar                         the book value of net assets acquired amounted
    US$ 161.296.040 disajikan sebagai “tambahan                     to US$ 161,296,040 was presented as an item of
    modal disetor” (Catatan 20).                                    “additional paid-in capital” (Note 20).


23. PENDAPATAN                                                23. REVENUES

                                             2025                  2024
                                             US$                   US$
    Penjualan daya listrik                                                       Sales of electricity
       dan jasa kelistrikan lainnya          95.287.995            80.443.841       and other electrical services
    Penjualan bahan bakar                    10.547.899            11.417.512    Sales of fuel
    Pendapatan sewa gudang                      254.908              -           Warehouse rental income
    Jasa sewa kapal                          34.632.447             5.621.873    Time charter services
    Jasa angkutan kapal                       1.751.750              -           Freight income
    Sewa tangki dan dermaga                   5.557.596             4.771.539    Tanks and jetty lease

    Jumlah                                  148.032.595           102.254.765    Total

    Waktu pengakuan pendapatan                                                   Timing of revenue recognition
    Pada waktu tertentu                      10.547.899            11.417.512    At point in time
    Sepanjang waktu                         137.484.696            90.837.253    Over time
    Jumlah                                  148.032.595           102.254.765    Total




                                                         - 85 -
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PT CHANDRA DAYA INVESTASI Tbk                                                PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                        DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                       THEN ENDED
(Lanjutan)                                                                                       (Continued)


    15,71% dari pendapatan untuk periode yang                   15.71% of revenues for the period ended
    berakhir 31 Desember 2025 dilakukan dengan                  December 31, 2025 were made with related
    pihak berelasi (2024: 10,6%) (Catatan 31).                  parties (2024: 10.6%) (Note 31).

    Pembayaran yang dilakukan oleh pelanggan yang               Payments made by customers, which will be
    akan dikembalikan saat kontrak selesai dicatat              refunded upon completion of contract, are
    sebagai bagian dari uang jaminan pelanggan.                 recorded as part of customer deposits. The total
    Jumlah uang jaminan pelanggan per 31 Desember               outstanding amount of customer deposits as of
    2025    sebesar   US$     10.763.345    (2024:              December 31, 2025 amounted to US$ 10,763,345
    US$ 4.204.640).                                             (2024: US$ 4,204,640).

    Pada tanggal pelaporan, saldo atas uang yang                As of the reporting date, the balance of funds
    telah diterima di muka oleh Grup dari pelanggan             received in advance by the Group from customers
    namun belum memenuhi persyaratan pengakuan                  but not yet meet the revenue recognition criteria
    pendapatan sebesar US$ 2.739.808 pada                       amounted to US$ 2,739,808 as of December 31,
    31 Desember 2025 (2024: US$ 896.894) dicatat                2025 (2024: US$ 896,894) is recorded as
    sebagai pendapatan diterima di muka.                        unearned revenues.

    Rincian penjualan kepada satu pelanggan yang                Sales from a single customer which exceeds 10%
    melebihi 10% dari pendapatan adalah sebagai                 of revenues are as follows:
    berikut:
                                             2025               2024
                                             US$                US$

    CAP                                     16.408.072          8.295.008   CAP
    PT Krakatau Posco                       15.386.988         14.170.854   PT Krakatau Posco



24. BEBAN POKOK PENDAPATAN                                 24. COST OF REVENUES

                                              2025              2024
                                              US$               US$

    Beban pokok penjualan daya listrik                                      Cost of sales of electricity power
      Biaya pemakaian listrik                52.019.736        41.689.683     Cost of electricity usage
      Biaya pemakaian gas                       230.617         9.999.014     Cost of gas usage
      Biaya konversi variabel                 4.684.833         1.550.097     Variable conversion costs
      Biaya tetap:                                                            Direct fixed costs:
         Asuransi, sewa, dan retribusi        2.941.179         1.449.580        Insurance, rent and retribution
         Penyusutan (Catatan 10)              2.606.036         6.240.273        Depreciation (Note 10)
         Gaji dan kesejahteraan karyawan      2.444.484         2.129.903        Salaries and employee benefits
         Reparasi dan pemeliharaan            1.305.221         4.240.008        Repairs and maintenance
         Lain-lain                              160.640           386.386        Others

    Subjumlah                                66.392.746        67.684.944   Subtotal

    Beban pokok penjualan jasa                                              Cost of sales of electricity services
      kelistrikan dan jasa lainnya                                            and other services
      Tenaga kerja pihak ketiga               5.015.573         4.845.962     Third party labor supply
      Pemakaian bahan baku                    2.599.708           706.194     Raw material used
      Penyusutan (Catatan 10)                   584.341           227.946     Depreciation (Note 10)
      Gaji dan kesejahteraan karyawan           552.409         1.887.541     Salaries and employee benefits
      Reparasi dan pemeliharaan                 163.816           689.180     Repair and maintenance
      Lain-lain                                 379.808         1.051.789     Others

    Subjumlah                                 9.295.655         9.408.612   Subtotal

    Beban pokok penjualan bahan bakar                                       Cost of sales of fuel
      Beban pokok penjualan bahan bakar      10.101.542        10.957.119     Cost of sales of fuel
      Beban pokok penjualan listrik SPKLU         4.168             1.214     Cost of sales of electricity for SPKLU

    Subjumlah                                10.105.710        10.958.333   Subtotal
    Beban pokok atas jasa pelayaran                                         Cost of revenues of time charter vessels
      kapal dan sewa tangki dan dermaga                                       and tank and jetty rental
      Beban jasa pelayaran dan kapal
        dan sewa tangki dan dermaga          21.334.603         2.489.902     Cost of services shipping and vessel
      Penyusutan (Catatan 10)                 5.511.755         1.247.833     Depreciation (Note 10)

    Subjumlah                                26.846.358         3.737.735   Subtotal

    Jumlah Beban Pokok Pendapatan           112.640.469        91.789.624   Total Cost of Revenues




                                                      - 86 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


    Rincian pembelian bahan baku yang melebihi 10%                  Purchases of raw materials from suppliers which
    dari jumlah pendapatan masing-masing periode                    represent more than 10% of the total revenues for
    adalah sebagai berikut:                                         the respective period are as follows:

                                              2025                 2024
                                              US$                  US$

    PT Perusahaan Listrik Negara (Persero)   51.995.586            43.620.233   PT Perusahaan Listrik Negara (Persero)
    PT Perusahaan Gas Negara Tbk                230.617             9.999.014   PT Perusahaan Gas Negara Tbk

    Jumlah                                   52.226.203            53.619.247   Total



25. BEBAN UMUM DAN ADMINISTRASI                                25. GENERAL AND ADMINISTRATIVE EXPENSES

                                              2025                  2024
                                              US$                   US$

    Gaji, tunjangan dan kesejahteraan                                            Salaries, allowances and
       karyawan                               4.644.747             2.842.884       employee benefits
    Jasa profesional                          2.717.515               871.144    Professional fees
    Biaya kantor                              2.065.158             1.789.015    Office expenses
    Perbaikan dan pemeliharaan                  912.338               657.640    Repairs and maintenance
    Penyusutan                                  894.036               852.426    Depreciation
    Perjalanan dan transportasi                 426.254               119.639    Travel and transportation
    Pelatihan dan rekrutmen                     323.621                 3.510    Training and recruitment
    Asuransi, sewa dan retribusi                212.545               331.292    Insurance, rent and retribution
    Lain-lain                                   402.088               200.774    Others

    Jumlah                                   12.598.302             7.668.324    Total



26. BEBAN KEUANGAN                                             26. FINANCE COSTS

                                             2025                  2024
                                             US$                   US$

    Beban bunga dari:                                                            Interest expense on:
      Utang bank                             28.099.259            18.477.999       Bank loans
      Liabilitas sewa                           151.890                11.133       Lease liabilities

    Jumlah beban bunga                       28.251.149            18.489.132    Total interest expense
    Provisi bank                                636.799             1.169.214    Bank charges

    Jumlah                                   28.887.948            19.658.346    Total



27. PENDAPATAN KEUANGAN                                        27. FINANCE INCOME

                                             2025                  2024
                                             US$                   US$
    Pendapatan bunga yang diperoleh                                             Interest income received from
      dari instrumen keuangan:                                                     financial instrument:
      Obligasi                                8.604.303             5.544.807      Bonds
      Piutang pinjaman                                                             Loan receivable
         kepada pihak berelasi                3.326.622               596.620         to a related party

    Pendapatan bunga atas:                                                      Interest income from:
      Deposito berjangka                      6.162.799             4.964.892      Time deposits
      Tabungan                                6.237.065             9.398.785      Current accounts
    Jumlah                                   24.330.789            20.505.104   Total




                                                          - 87 -
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PT CHANDRA DAYA INVESTASI Tbk                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                              THEN ENDED
(Lanjutan)                                                                                              (Continued)


28. KEUNTUNGAN LAIN-LAIN - BERSIH                                28. OTHER GAINS - NET
                                               2025                  2024 *)
                                               US$                     US$

    Keuntungan atas perubahan                                                        Net gain on financial instrument
       nilai wajar instrumen keuangan                                                   for changes on fair value -
       yang diklasifikasikan pada FVTPL       74.084.462              3.470.850         classified as FVTPL
    Pendapatan dividen                         1.814.516                686.958      Dividend income
    Kerugian nilai wajar security deposit     (2.786.420)               (54.884)     Loss on fair value of security deposit
    Keuntungan atas pelepasan
       instrumen keuangan yang                                                       Gain on disposal of financial
       diklasifikasikan pada biaya                                                     instrument - classified as
       amortisasi                              4.533.450                568.375        amortized cost
    Kerugian atas pelepasan aset tidak
       lancar yang dimiliki untuk                                                    Loss on disposal of non-current assets
       dijual                                  (1.014.123)              -              held-for-sale
    Lainnya                                      (297.390)                  30.625   Others

    Jumlah                                    76.334.495              4.701.924      Total

    *) Disajikan kembali (Catatan 5)                                   *) As restated (Note 5)


29. PERPAJAKAN                                                   29. TAXATION

    Pajak dibayar di muka                                              Prepaid taxes

                                            31 Desember/         31 Desember/
                                            December 31,         December 31,
                                                2025                 2024
                                                US$                  US$
    Pajak pertambahan nilai (PPN) -
       bersih                                   6.298.692              1.653.659     Value added tax (VAT) - net
    Pajak lainnya                               2.211.016                888.278     Other tax

    Jumlah                                      8.509.708              2.541.937     Total

    Klaim atas pengembalian pajak                                      Claims for tax refund

    Pada 31 Desember 2025 dan 2024, klaim atas                         As of December 31, 2025 and 2024, claims for tax
    pengembalian pajak terdiri dari lebih bayar pajak                  refund consist of 2024 overpayment corporate
    penghasilan badan KCE tahun 2024 dan                               income tax of KCE and additional of 2025
    penambahan lebih bayar tahun 2025. Sampai                          overpayment. As of the completion date of these
    dengan tanggal penyelesaian laporan keuangan                       consolidated financial statements, there has been
    konsolidasian ini, belum terdapat keputusan                        no decision on the claim for KCE’s 2024
    terkait klaim atas lebih bayar pajak KCE tahun                     tax overpayment of US$ 588,352 (2024:
    2024 sebesar US$ 588.352 (2024: US$ 610.042).                      US$ 610,042).

    Beban pajak penghasilan                                            Income tax expenses

    Beban pajak penghasilan terdiri dari:                              Income tax expenses consists of the following
                                                                       consists of the following:

                                               2025                   2024
                                               US$                    US$

    Pajak kini                                                                       Current tax
       Perusahaan                               2.788.371               -              The Company
       KCE                                         36.025               -              KCE
       CMI                                         68.757               -              CMI

    Jumlah pajak kini                           2.893.153               -            Total current tax

    Beban (manfaat) pajak tangguhan                                                  Deferred tax expense (income)
      Perusahaan                                  (79.923)              -              The Company
      KCE                                       1.341.237               609.792        KCE

    Penyesuaian tahun sebelumnya                 119.282                127.923      Prior year adjustment

    Jumlah beban pajak - bersih                 4.273.749               737.715      Total tax expenses - net




                                                            - 88 -
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PT CHANDRA DAYA INVESTASI Tbk                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                              THEN ENDED
(Lanjutan)                                                                                              (Continued)


    Pajak Kini                                                         Current Tax

    Rekonsiliasi antara laba sebelum pajak menurut                     The reconciliation between profit before tax per
    laporan laba rugi dan penghasilan komprehensif                     consolidated statements of profit or loss and other
    lain konsolidasian dengan rugi fiskal adalah                       comprehensive income and taxable loss is as
    sebagai berikut:                                                   follows:

                                             2025                    2024 *)
                                             US$                       US$
    Laba sebelum pajak menurut                                                       Profit before tax per statement
      laporan laba rugi dan penghasilan                                                 of profit or loss and other
      komprehensif lain konsolidasian       132.062.590              34.217.094         comprehensive income
    Laba sebelum pajak entitas
      anak setelah dilakukan                                                         Profit before tax of subsidiaries
      penyesuaian pada                                                                  after adjustment in consolidated
      level konsolidasian                  (106.974.884)             (14.460.148)       level

    Laba sebelum pajak Perusahaan            25.087.706              19.756.946      Profit before tax of the Company
    Perbedaan Temporer:
       Imbalan pasca kerja                         13.725               -            Post-employment benefits
    Jumlah                                         13.725               -            Total

    Perbedaan yang tidak dapat                                                       Non-deductible expenses
       diperhitungkan menurut fiskal:                                                  (non-taxable income):
       Penghasilan bunga                    (10.911.968)             (13.367.768)      Interest income
       Pendapatan dividen                      (741.718)              (7.313.156)      Dividend income
       Lain-lain                               (773.329)                 171.694       Others
    Jumlah                                  (12.427.015)             (20.509.230)    Total

    Pendapatan kena pajak (rugi fiskal)                                              Taxable income (fiscal loss)
      perusahaan                             12.674.416                (752.284)        of the Company

    Akumulasi rugi fiskal Perusahaan           -                     (14.261.399)    Accumulated fiscal loss of the Company

    Beban pajak kini Perusahaan               2.788.371                 -            Company's current tax expense

    *) Disajikan kembali (Catatan 5)                                   *) As restated (Note 5)

    Pada tahun 2025, Perusahaan mempertimbangkan                       In 2025, the Company reconsidered its 2024 tax
    ulang posisi pajak tahun 2024 dari estimasi terkini                position based on the latest estimates from the
    atas pembahasan pemeriksaan pajak yang masih                       ongoing tax audit discussions. This reconsideration
    berlangsung. Pertimbangan tersebut berdampak                       resulted in the recognition of corporate income tax
    pada pengakuan provisi pajak penghasilan badan                     provision for 2024, which was recorded as a prior
    tahun 2024 yang dicatat sebagai penyesuaian                        year adjustment to current year’s income tax
    tahun sebelumnya pada beban pajak penghasilan                      expense, and the cancellation of previous year’s
    tahun berjalan serta membatalkan pengakuan rugi                    accumulation tax losses.
    fiskal tahun sebelumnya.

    Perhitungan pajak penghasilan (“PPh”) badan                        The Company’s corporate income tax (“CIT”)
    Perusahaan adalah suatu perhitungan sementara                      calculation is a preliminary estimate made for
    yang dibuat untuk tujuan akuntansi dan dapat                       accounting purposes and is subject to revision
    berubah pada waktu Perusahaan menyampaikan                         when the Company files its annual corporate
    surat pemberitahuan tahunan pajak.                                 income tax return.

    Pajak Tangguhan                                                    Deferred Tax

    Rincian dari liabilitas pajak tangguhan adalah                     The details of the deferred tax liabilities are as
    sebagai berikut:                                                   follows:

                                          31 Desember/           31 Desember/
                                          December 31,           December 31,
                                              2025                   2024
                                              US$                    US$

    Perusahaan                                (2.110.042)             (2.199.488)    The Company
    Entitas anak                              (4.628.621)             (3.390.992)    Subsidiary

    Jumlah                                    (6.738.663)             (5.590.480)    Total




                                                            - 89 -
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PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)


    Grup adalah entitas anak dari sebuah Multinational                The Group is a subsidiary of a Multinational
    Enterprise (”MNE”) grup, PT Barito Pacific Tbk.                   Enterprise (“MNE”) group, PT Barito Pacific Tbk.
    PT Barito Pacific Tbk adalah Entitas Induk Utama                  PT Barito Pacific Tbk is the Group’s Ultimate Parent
    (”UPE”) Grup.                                                     Entity (“UPE”).

    Grup telah menerapkan pengecualian sementara                      The Group has applied the temporary exception
    dari akuntansi untuk pajak tangguhan yang timbul                  from accounting for deferred taxes arising from
    dari peraturan perpajakan Pilar Dua, sebagaimana                  Pillar Two model rules, as provided in the PSAK
    diatur dalam PSAK 212. Oleh karena itu, Grup                      212. Accordingly, the Group neither recognizes nor
    tidak mengakui atau mengungkapkan informasi                       discloses information about deferred tax assets and
    tentang aset dan kewajiban pajak tangguhan yang                   liabilities related to Pillar Two income taxes.
    terkait dengan pajak penghasilan Pilar Dua.

    Pada Desember 2024, pemerintah Indonesia,                         In December 2024, the government of Indonesia
    sudah mengesahkan peraturan pajak penghasilan                     has enacted the Pillar Two income taxes legislation
    Pilar Dua yang berlaku mulai 1 Januari 2025                       effective from January 1, 2025 by issuing Ministry
    dengan     mengeluarkan       Peraturan    Menteri                of Finance (“MOF”) Regulation No. 136 Year 2024
    Keuangan No. 136 Tahun 2024 (“PMK-136”).                          (“PMK-136”). Based on assessment of PT Barito
    Berdasarkan asesmen PT Barito Pacific Tbk,                        Pacific Tbk, the ultimate parent entity, entities
    perusahaan induk utama, entitas-entitas yang                      operate in Indonesia jurisdiction, including the
    beroperasi di yurisdiksi Indonesia, termasuk Grup,                Group, qualify for Transitional Safe-Harbour relief
    memenuhi Transitional Safe-Harbour relief untuk                   for fiscal year 2025.
    tahun pajak 2025.

    Grup tidak berekspektasi terdapat eksposur                        Group does not expect a material exposure to the
    material terhadap pajak penghasilan Pilar Dua atas                Pillar Two income taxes to these consolidated
    laporan keuangan konsolidasian ini.                               financial statements.

    Grup secara berkelanjutan menilai dampak                          Group continuously assess the impact of the Pillar
    peraturan pajak penghasilan Pilar Dua terhadap                    Two income taxes legislation on its future
    kinerja keuangan konsolidasianya di masa depan.                   consolidated financial performance.


30. LABA PER SAHAM DASAR                                       30. EARNINGS PER SHARE

    Berikut ini adalah data yang digunakan untuk                      The computation of basic earnings per share is
    perhitungan laba per saham dasar                                  based on the following data:

                                             2025                    2024 *)
                                             US$                       US$

    Laba tahun berjalan                                                                 Profit for the year
      yang diatribusikan kepada                                                            attributable to the Owners
      pemilik entitas induk                 121.052.564                31.422.725          of the Company

    *) Disajikan kembali (Catatan 5)                                  *) As restated (Note 5)

                                            2025                   2024
                                        Jumlah saham/          Jumlah saham/
                                       Number of shares       Number of shares

    Jumlah rata-rata tertimbang                                                         Total weighted average
      saham                             113.837.999.782            94.807.120.000          number of shares

    Jumlah rata-rata tertimbang saham yang                            The weighted average number of shares used to
    digunakan untuk menghitung laba per saham                         calculate basic earnings per share has been
    dasar telah disesuaikan untuk mencerminkan                        amended to adjust the effect of the stock split from
    pengaruh dari pemecahan nilai nominal saham                       Rp 2,000,000 per share to Rp 100 per share.
    dari Rp 2.000.000 per saham menjadi Rp 100 per                    The ratification that occurred on March 14, 2025
    saham. Pengesahan yang terjadi pada tanggal                       (Note 19) the number of shares outstanding is
    14 Maret 2025 (Catatan 19) jumlah saham yang                      calculated at a par value of Rp100 per share since
    beredar dihitung dengan nilai nominal Rp 100 per                  the beginning of the period for which the
    saham sejak awal periode penyajian laporan                        consolidated financial statements are presented.
    keuangan konsolidasian.

    Pada tanggal 31 December 2025 dan 2024,                           As of December 31, 2025 and 2024, the Company
    Perusahaan tidak memiliki saham biasa yang                        does not have dilutive potential ordinary shares.
    berpotensi dilutif.



                                                          - 90 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


31. SIFAT DAN TRANSAKSI PIHAK BERELASI                        31. NATURE    OF    RELATIONSHIP    AND
                                                                  TRANSACTIONS WITH RELATED PARTIES

    Sifat Pihak Berelasi                                           Nature of Relationship

    a.   PT Barito Pacific Tbk adalah pemegang saham               a. PT Barito Pacific Tbk is the ultimate controlling
         utama CAP. Bapak Prajogo Pangestu                            party of the Company. Mr. Prajogo Pangestu is
         merupakan      pemegang      saham  terakhir                 the ultimate shareholder of the Company.
         Perusahaan.

    b.   PT Chandra Asri Pacific Tbk (“CAP”) adalah                b. PT Chandra Asri Pacific Tbk (“CAP”) is the
         pemegang saham utama Perusahaan.                             majority shareholder of the Company.

    c.   PT Griya Idola (“GI”) adalah entitas anak dari            c. PT Griya Idola (“GI”)      is   a    subsidiary     of
         PT Barito Pacific Tbk.                                       PT Barito Pacific Tbk.

    d.   PT Chandra Asri Perkasa (“CAP2”) adalah                   d. PT Chandra Asri       Perkasa       (“CAP2”)   is   a
         entitas anak dari CAP.                                       subsidiary of CAP.

    e.   PT Chandra Asri Alkali (“CAA”) adalah entitas             e. PT Chandra Asri Alkali (“CAA“) is a subsidiary
         anak dari CAP2.                                              of CAP2.

    f.   Aster Chemicals and Energy Pte. Ltd. (“ACE”)              f.   Aster Chemicals and Energy Pte. Ltd. (“ACE”)
         adalah entitas anak dari CAP.                                  is a subsidiary of CAP.

    g.   PT Krakatau Tirta Industri (“KTI”) dan                    g. PT Krakatau Tirta Industri (“KTI”) and
         PT Krakatau Posco Energy (“KPE”) adalah                      PT Krakatau Posco Energy (“KPE”) are
         entitas  asosiasi Grup   sejak  tanggal                      associates of the Group since February 27,
         27 Februari 2023.                                            2023.

    h.   Phoenix Power B.V. adalah pemegang saham                  h. Phoenix Power B.V. is the non-controlling
         nonpengendali Perusahaan.                                    shareholder of the Company.

    i.   Dana Pensiun Krakatau Steel (“DPKS”) adalah               i.   Dana Pensiun Krakatau Steel (“DPKS”) is a
         program imbalan pasca kerja KCE.                               post employment benefit plans to KCE.

    j.   PT Buana Primatama Niaga (“BPN”) adalah                   j.   PT Buana Primatama Niaga (“BPN”) is a non-
         pemegang saham nonpengendali dari MIM,                         controlling shareholder of MIM, CSI and CSP.
         CSI dan CSP. BPN dikendalikan oleh personal                    BPN is controlled by key management
         manajemen kunci Perusahaan. Pemilik                            personnel of the Company. BPN’s beneficial
         manfaat terakhir BPN adalah pemegang                           owner is the ultimate shareholder of the
         saham utama Perusahaan. Terkait pelepasan                      Company. In relation to the disposal of BPN’s
         saham BPN di entitas anak Perusahaan, BPN                      shares in the Company’s subsidiary, BPN was
         tidak lagi dianggap sebagai pihak berelasi                     no longer considered as related party since
         sejak 1 Oktober 2025.                                          October 1, 2025.

    k.   PT Petrosea Infrastruktur Nusantara (“PIN”)               k. PT Petrosea Infrastruktur Nusantara (“PIN”) is
         adalah pemegang saham nonpengendali dari                     a non-controlling shareholder of CTK.
         CTK.

    l.   PT Cakra Guna Tama adalah pemegang                        l.   PT Cakra Guna Tama is the non-controlling
         saham nonpengendali dari CCC.                                  shareholder of CCC.

    m. Blue Horizon Ship Management Pte. Ltd.                      m. Blue Horizon Ship Management Pte. Ltd.
       (“BHSM”) adalah entitas asoasi Grup.                           (“BHSM”) is the associate of the Group.

    n.   PT Panca Puri Perkasa (“PPP”) memiliki                    n. PT Panca Puri Perkasa (“PPP”) has the same
         pemegang saham terakhir yang sama dengan                     ultimate shareholder with the Company.
         Perusahaan.

    o.   Personil manajemen      kunci   Grup   adalah             o. The Group’s key management personnel are
         Dewan Direksi.                                               its Board of Directors.




                                                          - 91 -
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PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    Transaksi-transaksi Pihak Berelasi                               Transactions with Related Parties

    Dalam kegiatan usahanya, Grup melakukan                          In the normal course of business, the Group
    transaksi tertentu dengan pihak-pihak berelasi                   entered into certain transactions with related
    yang dilakukan dengan ketentuan yang setara                      parties conducted under conditions equivalent to
    dengan yang berlaku dalam transaksi yang wajar,                  those applicable in a fair transaction, including
    yang meliputi antara lain:                                       the following:

    a.   Perusahaan menyediakan imbalan untuk                       a.     The Company provides benefits to its Board of
         anggota Dewan Komisaris dan Direksi sebagai                       Commissioners and Directors as follows:
         berikut:

                                                          2025
                                                          US$
         Dewan Komisaris                                                 Board of Commissioners
           Imbalan kerja jangka pendek                                     Short-term employee benefits
             Gaji dan bonus                               205.333             Salaries and bonus

         Direksi                                                         Board of Directors
            Imbalan kerja jangka pendek                                    Short-term employee benefits
              Gaji dan bonus                              139.333             Salaries and bonus
              Tunjangan lain-lain                           6.533             Other allowances
             Subjumlah                                    145.866          Subtotal

         Jumlah                                           351.199        Total

    b.   Pada 20 Juni 2024, Perusahaan menandatangani               b.     On June 20, 2024, the Company signed a
         perjanjian pinjaman dengan BPN bersyarat                          pre-conditional loan agreement with BPN
         yang akan diperhitungkan sebagai piutang                          which will be accounted as loan receivable.
         pinjaman. Pinjaman ini kemudian digantikan                        This loan is subsequently superseded with
         dengan perjanjian pinjaman pada tanggal 28                        loan agreement on July 28, 2024.
         Juli 2024. Selanjutnya, perjanjian ini telah                      Subsequently, the loan agreement has been
         diamendemen pada tanggal 10 Juni 2025                             amended on June 10, 2025 into as follows:
         menjadi sebagai berikut:

         Pinjaman dan penggunaan                                           The loan and use of proceeds

         Mengubah dan menyatakan kembali sehingga                          To amend and restate so that it is written and
         selanjutnya ditulis dan dibaca menjadi                            read into as follows:
         sebagai berikut:

         •    Penerima pinjaman dapat melakukan                            •     The Borrower may make             several
              beberapa kali penarikan fasilitas sampai                           drawdowns of the facility         up to
              dengan Rp 1.000.000.000.000.                                       Rp 1,000,000,000,000.

         •    Tujuan penggunaan fasilitas adalah                           •     The purpose of the facility is for
              untuk pembiayaan kegiatan umum                                     financing of The Borrower’s general
              Penerima Pinjaman dan uang muka atas                               corporate    purposes    and   advance
              pengambilalihan saham berdasarkan                                  payment toward the upcoming shares
              CSPA atas saham CSI dan CSPA atas                                  acquisition based on the CSPA of shares
              saham MIM, keduanya tertanggal 16 April                            of CSI and the CSPA of shares of MIM,
              2025.                                                              both dated April 16, 2025.

         •    Dalam     hal  pengambilalihan    tidak                      •     In the event that the acquisition fails to
              terlaksana pada tanggal 31 Desember                                occur on December 31, 2026, The
              2026, Penerima Pinjaman diwajibkan                                 Borrower is obliged to perform the
              untuk tetap melaksanakan pembayaran                                repayment of the facility based on the
              kembali terhadap fasilitas berdasarkan                             terms and conditions of this agreement.
              syarat dan ketentuan dalam perjanjian
              ini.

         •    Jangka waktu penarikan dimulai sejak                         •     The drawdown period shall commence
              tanggal perjanjian pinjaman sampai                                 from the date of this agreement until
              tanggal 27 Juli 2026.                                              July 27, 2026.




                                                         - 92 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


         Syarat pendahuluan                                               Condition precedent

         Mengubah dan menyatakan kembali sehingga                         To amend and restate so that it is written and
         selanjutnya ditulis dan dibaca menjadi                           read into as follows:
         sebagai berikut:`

         Penerima     Pinjaman      dapat    melakukan                    The Borrower may fully drawdown the acility
         penarikan terhadap fasilitas secara penuh                        provided that the following conditions have
         apabila hal-hal berikut telah terpenuhi:                         been fulfilled:

         •   laporan pendapat kewajaran dari penilai                      •    The fairness opinion report from the
             independen telah dikeluarkan; dan                                 independent appraisal has been issued;
                                                                               and
         •   status perusahaan Pemberi Pinjaman                           •    the company status of The Lender has
             telah   berubah    dari   perusahaan                              changed from a Foreign Investment
             Penanaman    Modal   Asing   menjadi                              Company into a Domestic Investment
             perusahaan Penanaman Modal Dalam                                  Company.
             Negeri.

         BPN akan membayar bunga sebesar JIBOR 3                          BPN will pay interest rate of JIBOR 3 months
         bulan + persentase tertentu setiap triwulan.                     + certain percentage quarterly.

         Pada tanggal 1 Oktober 2025, BPN telah                           On October 1, 2025, BPN has fully paid the
         melunasi pinjaman kepada Perusahaan.                             loan to the Company.

    c.   Utang usaha dari pihak berelasi sebesar                   c.     Trade accounts payable from related parties
         0,13% dari total liabilitas pada 31 Desember                     amounting to 0.13% of the total liabilities as
         2025 (2024: 0,09%) (Catatan 14).                                 of December 31, 2025 (2024: 0.09%)
                                                                          (Note 14).

    d.   Penjualan kepada pihak berelasi, sebesar                  d.     Revenues earned from related parties,
         15,71% dari jumlah pendapatan untuk                              represent 15.71% of the total revenues for
         periode yang berakhir 31 Desember 2025                           period   ended     December       31,   2025
         (31 Desember 2024: 10,64%) (Catatan 23).                         (December 31, 2024: 10.64%) (Note 23).
         Piutang usaha dari pihak berelasi sebesar                        Trade accounts receivable from related parties
         0,04% dari total aset pada 31 Desember 2025                      amounting to 0.04% of the total assets as of
         (31 Desember 2024: 0,13%) (Catatan 7).                           December 31, 2025 (December 31, 2024:
                                                                          0.13%) (Note 7).

         Rincian pendapatan dari pihak berelasi adalah                   The details of revenues from related parties
         sebagai berikut:                                                are as follows:

                                                 2025                   2024
                                                 US$                    US$

         CAP                                     16.408.072              8.295.008    CAP
         CAA                                      4.146.536               -           CAA
         KTI                                      2.650.367              2.451.069    KTI
         KPE                                         44.239                 103.570   KPE
         DPKS                                        13.236                  13.082   DPKS
         KSE                                       -                         15.427   KSE
         KSI                                       -                          9.729   KSI

         Jumlah                                  23.262.450             10.887.885    Total

    e.   Perusahaan menyewa ruangan kantor kepada                  e.     The Company leases office spaces from GI
         GI sebesar US$ 3.716 (31 Desember 2024:                          amounting to US$ 3,716 (December 31, 2024:
         US$ 2.018) seperti yang dijelaskan pada                          US$ 2,018) as discussed in Note 33.
         Catatan 33.

    f.   KCE, entitas anak Perusahaan, melakukan                   f.     KCE, a subsidiary of the Company, entered
         perjanjian jual beli tanah berdasarkan                           into a land Sale and Purchase Agreement
         Perjanjian Pengikatan Jual Beli (”PPJB”) No. 6                   (“PPJB”) No. 6 dated September 29, 2023 with
         tanggal 29 September 2023 dengan CAA,                            CAA, a related party, as discussed in Note 9.
         pihak berelasi, seperti yang dijelaskan pada
         Catatan 9.




                                                          - 93 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                         PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                               AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                                 DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                THEN ENDED
(Lanjutan)                                                                                                                                (Continued)


32. INFORMASI SEGMEN                                                                          32. SEGMENT INFORMATION`

    Segmen Usaha                                                                                         Business Segments

    Sesuai dengan Catatan 3v, Grup melaporkan                                                           In accordance with Note 3v, the Group’s reportable
    segmen berdasarkan divisi-divisi operasi berikut:                                                   segments are based on the following operating
                                                                                                        divisions:
    •        Energi                                                                                     •    Energy
    •        Logistik                                                                                   •    Logistic
    •        Sewa tangki & dermaga                                                                      •    Tank & jetty rental
    •        Penjualan lainnya                                                                          •    Other services

                                                                                  31 Desember/ December 31 , 2025
                                              Energi/          Logistik/        Sewa tanki & Dermaga          Jumlah/          Eliminasi/      Konsolidasian/
                                              Energy           Logistic          Tank & Jetty Rental           Total          Eliminations     Consolidated
                                               US$               US$                    US$                     US$               US$              US$
    PENDAPATAN                                                                                                                                                    REVENUE
     Pendapatan eksternal                      105.835.894        36.639.105               5.557.596           148.032.595         -               148.032.595     External revenue
     Jumlah pendapatan                         105.835.894        36.639.105               5.557.596           148.032.595         -               148.032.595    Total revenue

     HASIL                                                                                                                                                        RESULT
     Hasil segmen                                15.077.760       12.045.135               3.305.208            30.428.103       4.964.023          35.392.126    Segment result
     Beban yang tidak dapat dialokasikan                                                                                                            96.670.464    Unallocated expenses
     Laba sebelum pajak                                                                                                                            132.062.590    Profit before tax

    INFORMASI LAINNYA                                                                                                                                             OTHER INFORMATION
    ASET                                                                                                                                                          ASSETS
     Aset segmen                               139.137.186      199.866.070               57.688.925           396.692.181     (19.546.856)        377.145.325     Segment assets
     Investasi pada asosiasi                                                                                                                       150.728.791     Investment in associate
    Aset hak guna - bersih                                                                                                                           4.012.647      Right of use assets - net
    Aset yang tidak dapat dialokasi                                                                                                              1.211.945.344    Unallocated assets

    Jumlah aset yang dikonsolidasikan                                                                                                            1.743.832.107    Consolidated total assets

    LIABILITAS                                                                                                                                                    LIABILITIES
    Liabilitas segmen                            (5.907.334)     (12.749.200)               (554.939)          (19.211.473)            3.124       (19.208.349)   Segment liabilities
    Liabilitas yang tidak dapat dialokasi                                                                                                         (588.686.782)   Unallocated liabilities

    Jumlah liabilitas yang dikonsolidasikan                                                                                                       (607.895.131)   Consolidated total liabilities

    Pengeluaran modal                               886.715     142.293.481               40.468.930           183.649.126         -               183.649.126    Capital expenditures
    Pengeluaran modal yang tidak dapat
        dialokasikan                                                                                                                                22.787.516    Unallocated capital expenditures

    Jumlah pengeluaran modal                                                                                                                       206.436.642    Total capital expenditures

    Beban penyusutan                              3.736.071        5.181.661                 700.886             9.618.618         -                 9.618.618    Depreciation expense



                                                                                  31 Desember/ December 31 , 2024 *)
                                              Energi/          Logistik/        Sewa tanki & Dermaga/          Jumlah/         Eliminasi/      Konsolidasian/
                                              Energy           Logistic           Tank & Jetty Rental           Total         Eliminations     Consolidated
                                               US$               US$                     US$                     US$              US$              US$
    PENDAPATAN                                                                                                                                                    REVENUE
     Pendapatan eksternal                       91.861.353         5.621.873               4.771.539           102.254.765         -               102.254.765     External revenue
    Jumlah pendapatan                           91.861.353         5.621.873               4.771.539           102.254.765         -               102.254.765    Total revenue

    HASIL                                                                                                                                                         RESULT
    Hasil segmen                                  4.587.412        1.884.138               2.750.475             9.222.025       1.243.116          10.465.141    Segment result
    Beban yang tidak dapat dialokasikan                                                                                                             23.751.953    Unallocated expenses
    Laba sebelum pajak                                                                                                                              34.217.094    Profit before tax

    INFORMASI LAINNYA                                                                                                                                             OTHER INFORMATION
    ASET                                                                                                                                                          ASSETS
     Aset segmen                               124.182.489        77.067.950               7.393.624           208.644.063     (21.770.641)        186.873.422     Segment assets
     Investasi pada asosiasi                                                                                                                       143.709.099     Investment in associate
    Aset hak guna - bersih                                                                                                                              86.794      Right of use assets - net
    Aset yang tidak dapat dialokasi                                                                                                                749.869.403    Unallocated assets

    Jumlah aset yang dikonsolidasikan                                                                                                            1.080.538.718    Consolidated total assets

    LIABILITAS                                                                                                                                                    LIABILITIES
    Liabilitas segmen                            (2.155.367)      (3.352.327)               (198.831)           (5.706.525)            3.064        (5.703.461)   Segment liabilities
    Liabilitas yang tidak dapat dialokasi                                                                                                         (322.654.672)   Unallocated liabilities

    Jumlah liabilitas yang dikonsolidasikan                                                                                                       (328.358.133)   Consolidated total liabilities

    Pengeluaran modal                             5.496.652       71.327.850               1.359.967            78.184.469         -                78.184.469    Capital expenditures
    Pengeluaran modal yang tidak dapat
        dialokasikan                                                                                                                                    62.796    Unallocated capital expenditures

    Jumlah pengeluaran modal                                                                                                                        78.247.265    Total capital expenditures

    Beban penyusutan                              6.633.734        1.247.833                 701.239             8.582.806         -                 8.582.806    Depreciation expense




                                                                                    - 94 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                                PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                                      AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                                        DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                       THEN ENDED
(Lanjutan)                                                                                                                                       (Continued)

                                                                                                1 Januari/ January 1, 2024 *)
                                                   Energi/               Logistik/          Sewa tanki & Dermaga/          Jumlah/                Eliminasi/       Konsolidasian/
                                                   Energy                Logistic             Tank & jetty rental            Total               Eliminations       Consolidated
                                                    US$                    US$                       US$                      US$                    US$                US$

    ASET                                                                                                                                                                              ASSETS
     Aset segmen                                    130.104.220               -                          15.552.543            145.656.763          (27.846.491)       117.810.272     Segment assets
     Investasi pada asosiasi                                                                                                                                           139.638.272    Investment in associate
    Aset hak guna - bersih                                                                                                                                                 202.105     Right of use assets - net
    Aset yang tidak dapat dialokasi                                                                                                                                    662.675.623    Unallocated assets
    Jumlah aset yang dikonsolidasikan                                                                                                                                  920.326.272    Consolidated total assets

    LIABILITAS                                                                                                                                                                        LIABILITIES
    Liabilitas segmen                                 (2.150.949)             -                              (7.537)            (2.158.486)               3.065         (2.155.421)   Segment liabilities
    Liabilitas yang tidak dapat dialokasi                                                                                                                             (231.534.515)   Unallocated liabilities
    Jumlah liabilitas yang dikonsolidasikan                                                                                                                           (233.689.936)   Consolidated total liabilities

    *) Disajikan kembali (Catatan 5)                                                                             *) As restated (Note 5)

    Segmen Geografis                                                                                              Geographical Segments

    Pendapatan berdasarkan pasar                                                                                  Revenues based on market

    Berdasarkan      pasar      geografis    tanpa                                                                Based on geographical segments without
    memperhatikan tempat diproduksinya barang,                                                                    considering where the products are produced, all
    seluruh penjualan Grup dilakukan dengan negara                                                                Group’s sales were made to Asian countries. The
    Asia. Grup beroperasi di wilayah Indonesia dan                                                                Group operates in Indonesia and Singapore.
    Singapura.


33. IKATAN                                                                                            33. COMMITMENTS

    a.       Fasilitas kredit yang belum digunakan                                                               a.        Unused credit facilities

             Grup memiliki fasilitas kredit yang belum                                                                     The Group has unused credit facilities as of
             digunakan pada 31 Desember 2025:                                                                              December 31, 2025:
                                                                                  Fasilitas yang telah        Fasilitas yang
                                                      Fasilitas maksimal/          digunakan/ Used          belum digunakan/            Tanggal jatuh tempo/
                                                      Maximum facilities                facilities           Unused facilties              Maturity date
                                                              US$                          US$                      US$
             PT Bank Central Asia Tbk                                                                                                    31 Desember 2026/         PT Bank Central Asia Tbk
              Fasilitas Bank Garansi - KCE                     40.000.000                17.048.432                   22.951.568         December 31, 2026           Bank Guarantee Facility - KCE

                                                                                                                                               5 Mei 2026/
                Uncommitted KCE                                   2.990.430                -                           2.990.430               May 5, 2026           Uncommitted - KCE

             PT Bank Mandiri (Persero) Tbk                                                                                              18 September 2026/         PT Bank Mandiri (Persero) Tbk
              Revolving Credit Facility - RPU                       595.876                -                            595.876         September 18, 2026           Revolving Credit Facility - RPU

                Presettlement Exposure (PSE) -                                                                                               29 Februari 2026/       Presettlement Exposure (PSE) -
                  Perusahaan                                      2.500.000                -                           2.500.000             February 29, 2026         The Company

             PT Bank Tabungan Negara Tbk                                                                                                     11 Agustus 2035/      PT Bank Tabungan Negara Tbk
              Committed - Perusahaan                          119.175.307                62.567.036                   56.608.271             August 11, 2035         Committed - Perusahaan

             Bangkok Bank Public Company Limited                                                                                         29 Desember 2032/         Bangkok Bank Public Company Limited
              Committed - Perusahaan                          200.000.000               100.000.000               100.000.000            December 29, 2032           Committed - Perusahaan


    b.      Perjanjian operasional                                                                                b.       Operational agreements

            •       Grup dan GI mengadakan perjanjian sewa                                                                 •       The Group and GI entered into operating
                    ruang kantor dan lahan parkir selama satu                                                                      lease agreements for office space and
                    tahun di Wisma Barito Pacific, Jalan Let.                                                                      parking area rental for one year on Wisma
                    Jend. S. Parman Kav. 62-63, Jakarta                                                                            Barito Pacific, Jalan Let. Jend. S. Parman
                    11410 yang akan berakhir di bulan Juni                                                                         Kav. 62-63, Jakarta 11410 which will
                    2028 (Catatan 31).                                                                                             expire in June 2028 (Note 31).

            •       Pada tanggal 28 Maret 2013, KCE                                                                        •       On March 28, 2013, KCE entered into a
                    mengadakan Perjanjian Jual Beli Gas                                                                            Sale    and    Purchase   of   Gas   for
                    Industri Manufaktur dan Pembangkitan                                                                           Manufacturing Industry and Electricity
                    Listrik       No.344/DUKDL/KONTR/2013                                                                          Generating No. 344/DUKDL/KONTR/20f13
                    (“PJBTG”) dengan PT Perusahaan Gas                                                                             (”PJBTG”) with PT Perusahaan Gas Negara
                    Negara (Persero) Tbk (“PGN”). Perjanjian                                                                       (Persero) Tbk (”PGN”). The agreement will
                    ini berakhir dalam waktu 10 tahun sejak                                                                        expire in 10 year from January 1, 2007.
                    tanggal 1 Januari 2007. Pada tanggal                                                                           On December 30, 2022, the Company and
                    30 Desember 2022, Perusahaan dan                                                                               PGN signed the Eleventh Amendment to
                    PGN      menandatangani       Amendemen                                                                        the PJBTG to extend the period of
                    Kesebelas atas PJBTG yang memperpanjang                                                                        agreement until December 31, 2027.
                    jangka     waktu     perjanjian   hingga
                    31 Desember 2027.


                                                                                               - 95 -
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PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


           PGN memberlakukan pemakaian gas                                  PGN implements a minimum and maximum
           minimum dan maksimum, dimana apabila                             gas usage, whereas, if KCE does not meet
           pemakaian KCE di bawah minimum                                   the minimum usage, KCE is liable to pay
           pemakaian, maka KCE tetap perlu                                  for the minimum usage. Any difference
           membayar        sebanyak       minimum                           between the minimum usage and actual
           pemakaian. Selisih antara minimum                                usage will be accounted for as gas deposit.
           pemakaian dan pemakaian aktual akan                              If KCE exceeds the maximum usage, KCE
           menjadi deposito gas. Apabila pemakaian                          will be billed with a surcharge which rates
           KCE melebihi pemakaian maksimum,                                 follows the Decree of Director of PGN at the
           maka KCE akan dikenakan surcharge                                time of the excess usage. Historically, KCE
           dengan    tarif  yang   sesuai   dengan                          has never exceeded the maximum usage.
           Keputusan Direksi PGN yang berlaku pada
           saat itu. Secara historis, KCE belum
           pernah melebihi pemakaian maksimum.
           Berdasarkan Amendemen Kesepuluh atas                             According to the Tenth Amendment to the
           PJBTG tanggal 5 Juni 2020, pemakaian gas                         PJBTG dated June 5, 2020, KCE’s minimum
           minimum dan maksimum KCE adalah                                  and maximum usage of gas are 9 Billion
           masing-masing 9 Billion British Thermal Unit                     British Thermal Unit ("BBTU")/working day
           ("BBTU")/hari kerja dan 13,5 BBTU/hari                           and 13.5 BBTU/working day, respectively,
           kerja, berlaku hingga 31 Desember 2022.                          valid until December 31, 2022. As
           Kemudian sebagaimana diubah dan                                  amended and restated by the Eleventh
           dinyatakan kembali melalui Amendemen                             Amendment to the PJBTG starting on
           Kesebelas atas PJBTG, berlaku mulai                              January 1, 2023, the minimum and
           1 Januari 2023, jumlah pemakaian gas                             maximum KCE gas consumption will be 9.5
           minimum dan maksimum KCE menjadi                                 BBTU/working day and 21 BBTU/working
           masing-masing 9,5 BBTU/hari kerja dan                            day, respectively. Based on Letter
           21 BBTU/hari kerja. Berdasarkan surat                            No. 103400.S/OP.00/SCSM/2025 dated
           nomor        103400.S/OP.00/SCSM/2025                            December     2,   2025,   the   projected
           tanggal 2 Desember 2025 terdapat                                 maximum interruptible gas ranges from
           proyeksi maksimum gas interruptible                              0.00 BBTU/day to 9.45 BBTU/day.
           menjadi 0,00 BBTU/hari sampai dengan
           9,45 BBTU/hari.

           Terkait harga tarif penggunaan gas,                              Related to price of gas usage tariffs,
           terdapat perubahan tarif sesuai Keputusan                        there is change in the tariff in accordance
           Menteri Energi dan Sumber Daya Mineral                           with the Decree of the Minister of Energy
           Republik Indonesia No. 77.K/MG.01/                               and Mineral Resources of the Republic of
           MEM.M/2025 tentang pengguna gas bumi                             Indonesia No. 77.K/MG.01/MEM.M/2025
           tertentu dan harga gas bumi tertentu                             regarding specific natural gas users and
           dibidang penyediaaan tenaga Listrik bagi                         specific natural gas prices in the field of
           kepentingan     umum.       Pemberlakuan                         electricity supply for the public interest.
           perubahan harga untuk periode 2025,                              The implementation of price changes for
           menjadi sebesar US$ 7,00/MMBTU.                                  the 2025, to amounting US$ 7.00/MMBTU.

       •   Pada tanggal 1 Oktober 2020, KCE                             •   On October 1, 2020, KCE entered into an
           mengadakan      perjanjian   pemanfaatan                         agreement for the utilization of an area
           fasilitas kawasan yang digunakan untuk                           facility that was being utilized for gas
           penyaluran gas dengan PT Krakatau Steel                          distribution with PT Krakatau Steel
           (Persero) Tbk (”KS”), PT Krakatau Baja                           (Persero) Tbk (”KS”), PT Krakatau Baja
           Konstruksi (”KBK”), PT Krakatau Posco                            Konstruksi (”KBK”), PT Krakatau Posco
           (”KP”), PT Stollberg Samil Indonesia, dan                        (”KP”), PT Stollberg Samil Indonesia and
           PT Indonesia Pos Chemtech Chosun Ref.                            PT Indonesia Pos Chemtech Chosun Ref.

       •   Pada tanggal 16 Februari 2024, CAP                       •   •   On February 16, 2024, CAP entered into a
           menandatangani Perjanjian Pemasangan                             Rooftop Solar Panel Installation and
           dan Jasa Panel Surya Atap dengan KCE                             Service Agreement with KCE for the
           untuk pemasangan dan pengoperasian                               installation and operation of rooftop solar
           sistem panel surya atap di tiga fasilitas                        panel systems at three manufacturing
           produksi, yaitu Pabrik PE, Pabrik PP, dan                        facilities, which are PE Plant, PP Plant, and
           Pabrik SM yang berlokasi di Cilegon.                             SM Plant, located in Cilegon. This
           Perjanjian ini berlaku selama 25 tahun                           agreement is valid for 25 years from
           sejak tanggal pengoperasian komersial.                           commercial operation date.

       •   KSE mengadakan perjanjian dengan CAP                     •   •   KSE entered into an agreement with the
           untuk pengisian bahan bakar minyak                               CAP for the supply of fuel for operational
           untuk kendaraan operasional yang akan                            vehicles which will be expire in January 31,
           berakhir pada 31 Januari 2028.                                   2028.

       •   KCE mengadakan perjanjian dengan CAP                     •   •   KCE entered into an agreement with CAP
           berkaitan dengan layanan yang akan                               in relation to the services to be provided
           diberikan oleh CAP kepada KCE meliputi                           by CAP to KCE, which include corporate
           layanan      operasional    perusahaan.                          operational services. This agreement will
           Perjanjian ini akan berakhir pada pada                           expire on July 7, 2026.
           7 Juli 2026.

                                                          - 96 -
Page 315
PT CHANDRA DAYA INVESTASI Tbk                                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                              THEN ENDED
(Lanjutan)                                                                                                              (Continued)


           •     Efektif sejak 20 Juni 2024, CAP                                       •      •    Effective June 20, 2024, CAP entered into
                 menandatangani Perjanjian Sewa Kapal                                              a Time Charter Party Contract with CSI,
                 Berdasarkan Waktu dengan CSI, dimana                                              whereby the parties agree to cooperate in
                 para pihak sepakat untuk bekerja sama                                             the chartering of vessels by CSI for the
                 dalam penyewaan kapal oleh CSI untuk                                              transportation of chemicals and clean
                 pengangkutan bahan kimia dan produk                                               petroleum products. This agreement will
                 minyak bersih. Perjanjian ini akan berakhir                                       expire on September 10, 2032
                 pada 10 September 2032.

           •     Efektif sejak 18 Oktober 2024, CAP                                    •      •    Effective October 18, 2024, CAP entered
                 menandatangani Perjanjian Sewa Kapal                                              into a Time Charter Party Contract with
                 Berdasarkan Waktu dengan MIM, dimana                                              MIM, whereby MIM agree to chartering of
                 MIM sepakat untuk menyewakan tiga                                                 three vessels to CAP, which will expire
                 kapal kepada CAP yang akan berakhir                                               separately on April 30, 2024, March 8,
                 secara terpisah pada 30 April 2024,                                               2037, and May 19, 2041. The vessels are
                 8 Maret 2037 dan 19 Mei 2041. Penyewaan                                           chartered for the transportation of
                 kapal    tersebut    ditujukan     untuk                                          chemicals and clean petroleum products.
                 pengangkutan bahan kimia dan produk
                 minyak bersih.
                                                                                       •
           •     Pada tanggal 30 Oktober 2025, SRI, PPP                                •      •    On October 30, 2025, SRI, PPP and CWC
                 dan CWC menandatangani perjanjian                                                 entered into novation agreement of the
                 novasi atas perjanjian sewa menyewa                                               warehouse lease agreement No. 001/LCO-
                 gudang No. 001/LCO-DOC/CWC/X/2025                                                 DOC/CWC/X/2025 whereas PPP will
                 dimana PPP akan menovasikan semua                                                 novates all rights, title, obligations,
                 hak, kewajiban, jaminan dan kepentingan                                           warranties and interests of PPP related to
                 PPP terkait sewa gudang kepada CWC.                                               warehouse lease to CWC.
                                                                                       •
           •     Pada tanggal 1 November 2025, CAP dan                                 •      •    On November 1, 2025, the Company and
                 CWC menandatangani perjanjian sewa                                                CWC entered into warehouse lease
                 menyewa     gudang    No.   292A/LCO-                                             agreement          No.         292A/LCO-
                 DOC/CAP/XI/2025 yang berlokasi di                                                 DOC/CAP/XI/2025 located in Krakatau
                 kawasan Krakatau Industrial Estate,                                               Industrial Estate area, Cilegon with total
                 Cilegon seluas 18.360 m2 yang akan                                                area of 18,360 m2 which will expire on
                 berakhir pada 30 November 2030.                                                   November 30, 2030.
                                                                                       •
                                                                                       •
34. ASET DAN LIABILITAS MONETER DALAM                                             34. MONETARY    ASSETS   AND  LIABILITIES
    MATA UANG SELAIN DOLAR AMERIKA                                                    DENOMINATED IN CURRENCIES OTHER THAN
    SERIKAT                                                                           UNITED STATES DOLLAR

                                                   31 Desember/December 31 ,              31 Desember/December 31 ,
                                                              2025                                   2024
                                                  Mata uang                              Mata uang
                                                 selain Dolar         Ekuivalen         selain Dolar         Ekuivalen
                                                   Amerika              dalam             Amerika              dalam
                                                   Serikat/             US$/              Serikat/              US$/
                                                 Currencies          Equivalent         Currencies          Equivalent
                                                 other than               in            other than               in
                                                 U.S. Dollar            US$             U.S. Dollar             US$

    ASET                                                                                                                     ASSETS
      Kas dan setara kas                Rp      4.860.442.025.970      289.622.335           1.256.587.610     77.741.405      Cash and cash equivalents
                                       SGD             14.273.298       11.114.980             -                 -
                                     Lainnya/
                                      Others          -                    407.282             -               10.133.783
       Piutang usaha                    Rp        222.164.496.102       13.238.261         270.345.992.282     16.727.261       Trade accounts receivable
       Piutang lain-lain                Rp         13.744.589.571          819.008             -                 -              Other accounts receivable
                                       SGD            -                      4.826             -                 -
       Aset lancar lainnya              Rp      1.372.905.215.000       81.808.200          14.401.392.530        891.065       Other current assets
                                       SGD            -                 14.288.093             -                 -
                                     Lainnya/
                                      Others         -                  10.321.938             -                 -
       Aset lain-lain tidak lancar      Rp        31.590.235.416         1.882.388          16.604.434.750      1.027.375       Other non-current assets
                                                                               -
       Jumlah                                                          423.507.311                           106.520.889        Total

    LIABILITAS                                                                                                               LIABILITIES
       Utang usaha                     Rp         56.776.358.940         3.383.170         138.641.854.282      8.578.261       Trade accounts payable
       Utang pajak                     Rp         32.080.253.034         1.911.587          15.364.292.166        950.643       Taxes payable
       Uang jaminan langganan          Rp         72.811.123.608         4.338.644          68.253.921.120      4.204.640       Customer deposits
       Biaya yang masih harus
          dibayar                      Rp         204.575.986.746       12.190.203       161.537.751.582       9.994.911        Accrued expenses
       Utang bank jangka panjang       Rp       7.719.465.000.000      459.984.805     3.179.738.256.384     196.741.632        Long-term loan

      Jumlah                                                           481.808.409                           220.470.087        Total

    Liabilitas Moneter Bersih                                          (58.301.098)                          (113.949.198)   Net Monetary Liabilities




                                                                          - 97 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                           THEN ENDED
(Lanjutan)                                                                                                                                           (Continued)


    Entitas anak, RPU, CIP dan KSE, memiliki mata                                                                     The subsidiary, RPU, CIP and KSE, has functional
    uang fungsional dalam Rupiah Indonesia (Rp),                                                                      currency in Indonesian Rupiah (Rp), in which its
    dimana aset bersih dalam mata uang asing                                                                          foreign   currency   denominated   net   assets
    sebesar nihil pada tanggal 31 Desember 2025 dan                                                                   amounted to nil as of December 31, 2025 and
    2024.                                                                                                             2024.

    Kurs konversi yang digunakan Grup pada                                                                            The conversion rates used by the Group as of
    31 Desember 2025 adalah US$ 0,060 (2024:                                                                          December 31, 2025 are US$ 0.060 (2024:
    US$ 0,061) untuk Rp 1.000.                                                                                        US$ 0.061), for Rp 1,000.


35. LIABILITAS YANG TIMBUL DARI AKTIVITAS                                                                    35. RECONCILIATION OF LIABILITIES ARISING
    PENDANAAN                                                                                                    FROM FINANCING ACTIVITIES

                                                                                             Perubahan transaksi non kas/ Non-cash changes
                                                     Arus kas dari aktivitas          Amortisasi biaya                                 Penyesuaian
                                                      pendanaan - bersih/                transaksi/           Pengaruh selisih kurs/       Sewa/
                                1 Januari 2025/     Financing cash flows -            Amortization of          Effect of changes in        Lease                     31 Desember 2025/
                               January 1, 2025                net                    transaction costs       foreign exchange rates     Adjustment                   December 31, 2025
                                      US$                     US$                          US$                            US$                           US$                  US$
    Utang bank                                                                                                                                                                                    Bank loans
     Jangka panjang                  292.769.573               279.320.023                    (2.418.261)                   (11.380.749)                 -                   558.290.586             Long-term
    Liabilitas sewa                       112.398                   (112.398)                     (153.332)                        (15.498)         4.499.885                    4.331.055        Lease liabilities

    Jumlah                           292.881.971               279.207.625                    (2.571.593)                   (11.396.247)            4.499.885                562.621.641          Total


                                                                                            Perubahan transaksi non kas/ Non-cash changes
                                                    Arus kas dari aktivitas           Amortisasi biaya                                            Penyesuaian
                                                      pendanaan - bersih/                transaksi/              Pengaruh selisih kurs/              Sewa/
                               1 Januari 2024/      Financing cash flows -            Amortization of             Effect of changes in               Lease            31 Desember 2024/
                               January 1, 2024                net                    transaction costs          foreign exchange rates            Adjustment          December 31, 2024
                                      US$                     US$                           US$                            US$                          US$                   US$
    Utang bank                                                                                                                                                                                     Bank loans
     Jangka pendek                        648.677                   (648.677)                 -                              -                               -                   -                   Short-term
      Jangka panjang                198.231.267                105.984.763                    (2.230.773)                        (9.215.684)                 -               292.769.573              Long-term
    Liabilitas sewa                       229.645                   (324.239)                 -                              -                           206.992                     112.398       Lease liabilities

    Jumlah                          199.109.589                105.011.847                    (2.230.773)                        (9.215.684)             206.992             292.881.971           Total




36. INSTRUMEN    KEUANGAN,    MANAJEMEN                                                                      36. FINANCIAL INSTRUMENTS, FINANCIAL RISK
    RISIKO KEUANGAN DAN MODAL                                                                                    AND CAPITAL MANAGEMENT

    a.       Kategori dan Kelas Instrumen Keuangan                                                                    a. Categories and                                Classes                of        Financial
                                                                                                                         Instrument
                                                                                         Aset keuangan
                                                                                        pada nilai wajar       Aset keuangan          Liabilitas pada
                                                              Aset keuangan pada        melalui laba rugi/     diklasifikasikan      biaya perolehan
                                                              biaya perolehan yang      Financial assets        pada FVTOCI/          diamortisasi/
                                                                  diamortisasi/           at fair value        Financial assets        Liabilities at
                                                               Financial assets at       through profit          classified as          amortized                  Jumlah/
                                                                 amortized cost              or loss              at FVTOCI                 cost                    Total

                                                                       US$                    US$                   US$                   US$                       US$

             31 Desember 2025                                                                                                                                                        December 31, 2025

             Aset Keuangan Lancar                                                                                                                                                    Current Financial Assets
             Bank dan deposito berjangka                             470.105.774                  -                   -                       -                    470.105.774       Cash in banks and time deposits
             Piutang usaha                                                                                                                                                           Trade accounts receivable
                 Pihak berelasi                                          722.705                  -                   -                       -                        722.705         Related parties
                 Pihak ketiga - bersih                                16.111.513                  -                   -                       -                     16.111.513         Third parties - net
             Piutang lain-lain                                                                                                                                                       Other accounts receivable
                 Pihak berelasi                                       10.658.528               -                      -                       -                     10.658.528         Related parties
                 Pihak ketiga                                          4.259.527               -                      -                       -                      4.259.527         Third parties
             Investasi pada aset keuangan lainnya                       -                   326.400.001               -                       -                    326.400.001       Investment in other financial assets
             Aset lancar lainnya                                        -                   106.418.231               -                       -                    106.418.231       Other current assets

             Aset Keuangan Tidak Lancar                                                                                                                                              Non-current Financial Assets
             Investasi pada aset keuangan lainnya                    226.706.487                  -                  -                        -                    226.706.487       Investment in other financial assets
             Aset tidak lancar lainnya                                 2.464.492                  -               1.882.388                   -                      4.346.880       Other non-current assets

             Jumlah Aset Keuangan                                    731.029.026            432.818.232            1.882.388                  -                  1.165.729.646       Total Financial Assets

             Liabilitas Keuangan Jangka Pendek                                                                                                                                       Current Financial Liabilities
             Utang usaha                                                                                                                                                             Trade accounts payable
                Pihak berelasi                                          -                         -                   -                      605.138                   605.138         Related parties
                Pihak ketiga                                            -                         -                   -                    4.235.634                 4.235.634         Third parties
             Utang lain-lain kepada                                                                                                                                                  Other accounts payable to
                pihak ketiga                                            -                         -                   -                    1.224.987                 1.224.987         third parties
             Biaya yang masih harus dibayar                             -                         -                   -                   12.216.381                12.216.381       Accrued expenses
             Utang bank jangka panjang yang                                                                                                                                          Current maturities of
                jatuh tempo dalam satu tahun                            -                         -                   -                    7.852.123                 7.852.123         long-term bank loans

             Liabilitas Keuangan Jangka Panjang                                                                                                                                      Non-current Financial Liabilities
             Utang bank jangka panjang - setelah dikurangi                                                                                                                           Long-term bank loans - net of
                bagian yang jatuh tempo dalam satu tahun                -                         -                   -                 550.438.463                550.438.463         current maturities

             Jumlah Liabilitas Keuangan                                 -                         -                   -                 576.572.726                576.572.726       Total Financial Liabilities




                                                                                                      - 98 -
Page 317
PT CHANDRA DAYA INVESTASI Tbk                                                                                                PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                                      AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                                        DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                       THEN ENDED
(Lanjutan)                                                                                                                                       (Continued)

                                                                                  Aset keuangan
                                                                                 pada nilai wajar      Aset keuangan          Liabilitas pada
                                                       Aset keuangan pada        melalui laba rugi/    diklasifikasikan      biaya perolehan
                                                       biaya perolehan yang      Financial assets       pada FVTOCI/          diamortisasi/
                                                           diamortisasi/           at fair value       Financial assets        Liabilities at
                                                        Financial assets at       through profit         classified as          amortized              Jumlah/
                                                          amortized cost              or loss             at FVTOCI                 cost                Total

                                                               US$                     US$                   US$                  US$                   US$

       31 Desember 2024 *)                                                                                                                                              December 31, 2024 *)

       Aset Keuangan Lancar                                                                                                                                             Current Financial Assets
       Bank dan deposito berjangka                           180.202.136                 -                    -                     -                  180.202.136      Cash in banks and time deposits
       Piutang usaha                                                                                                                                                    Trade accounts receivable
           Pihak berelasi                                      1.394.082                 -                    -                     -                    1.394.082        Related parties
           Pihak ketiga - bersih                              16.662.210                 -                    -                     -                   16.662.210        Third parties - net
       Piutang lain-lain                                                                                                                                                Other accounts receivable
           Pihak berelasi                                      5.707.224                 -                    -                     -                    5.707.224        Related parties
           Pihak ketiga                                        3.303.026                 -                    -                     -                    3.303.026        Third parties
       Aset lancar lainnya                                      -                      24.981.301             -                     -                   24.981.301      Other current assets

       Aset Keuangan Tidak Lancar                                                                                                                                       Non-current Financial Assets
       Piutang pinjaman dari pihak berelasi                   38.395.991                -                     -                     -                   38.395.991      Loan receivable from related party
       Investasi pada aset keuangan lainnya                  110.401.068             326.400.001              -                     -                  436.801.069      Investment in other financial assets
       Aset tidak lancar lainnya                                 114.830                -                  1.720.657                -                    1.835.487      Other non-current assets

       Jumlah Aset Keuangan                                  356.180.567             351.381.302           1.720.657                -                  709.282.526      Total Financial Assets

       Liabilitas Keuangan Jangka Pendek                                                                                                                                Current Financial Liabilities
       Utang usaha                                                                                                                                                      Trade accounts payable
          Pihak berelasi                                        -                        -                    -                      300.921               300.921        Related parties
          Pihak ketiga                                          -                        -                    -                    1.324.616             1.324.616        Third parties
       Utang lain-lain kepada                                                                                                                                           Other accounts payable to
          pihak ketiga                                          -                        -                    -                    7.431.744             7.431.744        third parties
       Biaya yang masih harus dibayar                           -                        -                    -                   10.043.879            10.043.879      Accrued expenses
       Utang bank jangka panjang yang                                                                                                                                   Current maturities of
          jatuh tempo dalam satu tahun                          -                        -                    -                    2.955.280             2.955.280        long-term bank loans

       Liabilitas Keuangan Jangka Panjang                                                                                                                               Non-current Financial Liabilities
       Utang bank jangka panjang - setelah dikurangi                                                                                                                    Long-term bank loans - net of
          bagian yang jatuh tempo dalam satu tahun              -                        -                    -                 289.814.293            289.814.293        current maturities

       Jumlah Liabilitas Keuangan                               -                        -                    -                 311.870.733            311.870.733      Total Financial Liabilities


       *) Disajikan kembali (Catatan 5)                                                                                   *) As restated (Note 5)

                                                                                   Aset keuangan
                                                                                  pada nilai wajar        Aset keuangan         Liabilitas pada
                                                       Aset keuangan pada         melalui laba rugi/      diklasifikasikan     biaya perolehan
                                                       biaya perolehan yang       Financial assets         pada FVTOCI/         diamortisasi/
                                                           diamortisasi/            at fair value         Financial assets       Liabilities at
                                                        Financial assets at        through profit           classified as         amortized               Jumlah/
                                                          amortized cost               or loss               at FVTOCI                cost                 Total

                                                                US$                      US$                   US$                      US$                US$

       1 Januari 2024 *)                                                                                                                                                    January 1, 2024 *)

       Aset Keuangan Lancar                                                                                                                                                 Current Financial Assets
       Bank dan deposito berjangka                            589.739.610                    -                    -                      -               589.739.610        Cash in banks and time deposits
       Piutang usaha                                                                                                                                                        Trade accounts receivable
           Pihak berelasi                                          41.979                    -                    -                      -                    41.979          Related parties
           Pihak ketiga                                        16.722.056                    -                    -                      -                16.722.056          Third parties
       Piutang lain-lain                                                                                                                                                    Other accounts receivable
           Pihak berelasi                                          68.320                 -                       -                      -                    68.320          Related parties
           Pihak ketiga                                           211.081                 -                       -                      -                   211.081          Third parties
       Aset lancar lainnya                                      3.238.552               13.838.265                -                      -                17.076.817        Other current assets

       Aset Keuangan Tidak Lancar                                                                                                                                           Non-current Financial Assets
       Aset tidak lancar lainnya                                        16.182               -               2.079.734                   -                  2.095.916       Other non-current assets

       Jumlah Aset Keuangan                                   610.037.780                13.838.265           2.079.734                  -               625.955.779        Total Financial Assets

       Liabilitas Keuangan Jangka Pendek                                                                                                                                    Current Financial Liabilities
       Utang bank jangka pendek                                     -                        -                    -                          648.677          648.677       Short-term bank loan
       Utang usaha                                                                                                                                                          Trade accounts payable
          Pihak berelasi                                            -                        -                    -                         3.855               3.855         Related parties
          Pihak ketiga                                              -                        -                    -                     3.898.991           3.898.991         Third parties
       Utang lain-lain kepada                                                                                                                                               Other accounts payable to
          pihak ketiga                                              -                        -                    -                   1.026.664            1.026.664          third parties
       Biaya yang masih harus dibayar                               -                        -                    -                  11.744.479           11.744.479        Accrued expenses
       Utang bank jangka panjang yang jatuh                                                                                                                                 Current maturities of long-term
          tempo dalam satu tahun:                                   -                        -                    -                     3.036.937           3.036.937         long-term bank loans

       Liabilitas Keuangan Jangka Panjang                                                                                                                                   Non-current Financial Liabilities
       Utang bank jangka panjang - setelah dikurangi                                                                                                                        Long-term bank loans - net of
          bagian yang jatuh tempo dalam satu tahun                  -                        -                    -                195.194.330           195.194.330          current maturities

       Jumlah Liabilitas Keuangan                                   -                        -                    -                215.553.933           215.553.933        Total Financial Liabilities


       *) Disajikan kembali (Catatan 5)                                                                                   *) As restated (Note 5)

       Pada tanggal 31 Desember 2025, nilai wajar                                                                         As of December 31, 2025, the fair value of
       investasi pada obligasi yang dicatat pada                                                                          investment in bonds carried at amortised
       biaya perolehan diamortisasi adalah sebesar                                                                        cost   amounted   to  US$    121,068,676
       US$ 121.068.676 (31 Desember 2024:                                                                                 (December 31, 2024: US$ 112,601,462).
       US$ 112.601.462).




                                                                                                 - 99 -
Page 318
PT CHANDRA DAYA INVESTASI Tbk                                                     PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                             DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                            THEN ENDED
(Lanjutan)                                                                                            (Continued)


    b.   Tujuan dan Kebijakan Manajemen Risiko                       b. Financial Risk Management Objectives
         Keuangan                                                       and Policies

         Fungsi      Corporate         Treasury   Grup                  The Group’s Corporate Treasury function
         menyediakan         jasa       untuk   bisnis,                 provides services to the business, co-
         mengkoordinasikan akses ke pasar keuangan                      ordinates access to domestic and international
         domestik dan internasional, memantau dan                       financial markets, monitors and manages the
         mengelola risiko keuangan yang berkaitan                       financial risks relating to the operations of the
         dengan operasi Grup melalui laporan risiko                     Group through internal risk reports which
         internal yang menganalisis eksposur dengan                     analyze exposures by degree and magnitude
         derajat dan besarnya risiko. Risiko ini                        of risks. These risks include market risk
         termasuk risiko pasar (termasuk risiko mata                    (including currency risk and interest rate
         uang asing dan risiko suku bunga), risiko                      risk), credit risk and liquidity risk.
         kredit dan risiko likuiditas.

         Fungsi Corporate Treasury melaporkan setiap                     The Corporate Treasury function reports
         triwulan kepada dewan direksi untuk                             quarterly to the Directors to monitor risks and
         memantau risiko dan mengurangi eksposur                         mitigate risk exposures.
         risiko.

         i. Manajemen Risiko Pasar                                       i.    Market Risk Management

            Aktivitas Grup terekspos terutama untuk                            The Group’s activities expose it primarily
            risiko keuangan atas perubahan nilai                               to the financial risks of changes in foreign
            tukar mata uang asing, suku bunga dan                              currency exchange rates, interest rates
            harga komoditas.                                                   and commidity price.

            Tidak terdapat perubahan eksposur Grup                             There has been no change to the Group’s
            terhadap risiko pasar atau cara mengelola                          exposure to market risk or the manner in
            dan mengukur risiko tersebut.                                      which these risks are managed and
                                                                               measured.

         ii. Manajemen Risiko Mata Uang Asing                            ii.   Foreign Currency Risk Management

            Grup terekspos pengaruh fluktuasi nilai                            The Group is exposed to the effect of
            tukar mata uang asing terutama karena                              foreign    currency      exchange      rate
            transaksi yang didenominasi dalam mata                             fluctuation mainly because of foreign
            uang asing seperti penjualan domestik,                             currency denominated transactions such
            beberapa beban tertentu dan pinjaman                               as domestic sales, certain expenditure
            yang didenominasi dalam Rupiah. Jumlah                             and     borrowings      denominated       in
            eksposur bersih mata uang selain US$                               Indonesian Rupiah. The Group’s net open
            Grup      pada     tanggal     pelaporan                           currency other than US$ exposure as of
            diungkapkan dalam catatan ini.                                     reporting date is disclosed in this note.

            Analisis sensitivitas mata uang asing                              Foreign currency sensitivity analysis

            Analisis sensitivitas Grup dibawah ini                             The Group’s sensitivity analysis below to
            terhadap peningkatan dan penurunan                                 the increase and decrease in the
            Dollar Amerika Serikat teradap mata uang                           U.S. Dollar against Indonesian Rupiah
            rupiah menggunakan 1% pada tanggal                                 the relevant foreign currencies uses 1%
            31 Desember 2025 (2024: 2%), dengan                                at December 31, 2025 (2024: 2%), with
            seluruh variable konstan lainnya, laba                             all other variables held constant, net
            bersih setelah pajak untuk tahun yang                              profit after tax for the year ended
            berakhir 31 Desember 2025 akan                                     December 31, 2025 would increase/
            naik/turun sebesar US$ 454.749 (laba                               decrease by US$ 454,749 (net profit
            bersih setelah pajak 2024: naik/turun                              after tax 2024 decrease/increase by
            sebesar US$ 1.524.998). 1% pada                                    US$ 1,524,998). 1% as at December 31,
            tanggal 31 Desember 2025 adalah tingkat                            2025 is the sensitivity rate used when
            sensitivitas    yang    digunakan  ketika                          reporting foreign currency risk internally
            melaporkan secara internal risiko mata                             to key management personnel and
            uang asing kepada para karyawan kunci,                             represents management’s assessment of
            dan merupakan penilaian manajemen                                  the reasonably possible change in foreign
            terhadap perubahan yang mungkin                                    exchange rates. The sensitivity analysis
            terjadi pada nilai tukar valuta asing.                             includes only outstanding monetary
            Analisis sensitivitas hanya mencakup item                          items     of     financial    instrument
            instrumen keuangan dalam mata uang                                 denominated in currency other than US$
            moneter selain Dolar Amerika Serikat                               and adjust its translation at the period
            yang ada dan menyesuaikan translasinya                             end for percentage change in foreign
            pada akhir periode untuk perubahan                                 currency rate.
            persentase dalam nilai tukar mata uang
            asing.




                                                          - 100 -
Page 319
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


          Menurut pendapat manajemen, analisis                                In management's opinion, the sensitivity
          sensitivitas tidak representatif atas risiko                        analysis is unrepresentative for the
          valuta asing melekat karena eksposur                                inherent foreign exchange risk because
          pada akhir periode pelaporan tidak                                  the exposure at the end of the reporting
          mencerminkan eksposur selama periode                                period does not reflect the exposure
          berjalan.                                                           during the period.

       iii. Manajemen risiko tingkat bunga                             iii.   Interest rate risk management

          Grup terpapar risiko suku bunga karena                              The Group is exposed to interest rate risk
          entitas dalam Grup meminjam dana dari                               because entities in the Group borrow
          bank mayoritas dalam US$ dengan tingkat                             funds from banks largely in US$ at
          bunga mengambang.                                                   floating interest rates.

          Eksposur Grup atas suku bunga liabilitas                            The Group’s exposures to interest rates
          keuangan    dirinci     dalam     bagian                            on financial liabilities are detailed in the
          manajemen risiko likuiditas pada catatan                            liquidity risk management section of this
          ini.                                                                note.

          Analisis sensitivitas suku bunga                                    Interest rate sensitivity analysis

          Analisis sensitivitas di bawah ini telah                            The sensitivity analyses below have been
          ditentukan berdasarkan eksposur suku                                determined based on the exposure to
          bunga untuk instrumen derivatif dan non-                            interest rates for both derivatives and
          derivatif pada akhir periode pelaporan.                             non-derivative instruments at the end of
                                                                              the reporting period.

          Untuk     liabilitas   tingkat     bunga                            For floating rate liabilities, the analysis is
          mengambang, analisis tersebut disusun                               prepared assuming the amount of the
          dengan asumsi jumlah liabilitas terutang                            liability outstanding at the end of the
          pada akhir periode pelaporan itu terutang                           reporting period was outstanding for the
          sepanjang tahun.                                                    whole year.

          Kenaikan atau penurunan 100 basis poin                              A 100 basis point increase or decrease is
          digunakan ketika melaporkan risiko suku                             used when reporting interest rate
          bunga secara internal kepada karyawan                               risk internally to key management
          kunci   dan      merupakan     penilaian                            personnel and represents management's
          manajemen terhadap perubahan yang                                   assessment of the reasonably possible
          mungkin terjadi pada suku bunga.                                    change in interest rates.

          Jika suku bunga lebih tinggi/rendah                                 If interest rates had been 100 basis
          100 basis poin pada 31 Desember 2025                                points    on    December     31,   2025
          (2024: 100 basis poin), dan semua                                   (2024: 100 basis point) higher/lower and
          variabel lainnya tetap konstan, laba                                all other variables were held constant,
          periode berjalan akan turun/naik sebesar                            net income after tax, would decrease/
          US$ 4.391.345 (2024: US$ 4.659.122). Hal                            increase by US$ 4,391,345 (2024:
          ini terutama disebabkan oleh eksposur                               US$     4,659,122).   This   is   mainly
          Grup terhadap suku bunga atas pinjaman                              attributable to the Group’s exposure to
          dengan suku bunga variabel.                                         interest rates on its variable rate
                                                                              borrowings.

       iv. Manajemen Risiko Kredit                                     iv.    Credit Risk Management

          Nilai tercatat aset keuangan pada laporan                           The carrying amount of financial assets
          keuangan konsolidasian setelah dikurangi                            recorded in the consolidated financial
          dengan cadangan kerugian mencerminkan                               statements, net of any allowance for
          eksposur Grup terhadap risiko kredit.                               losses, represents the Group’s exposure
                                                                              to credit risk.

          Grup mengembangkan dan mengelola                                    The Group develops and maintains its
          peringkat       risiko     kredit   untuk                           credit risk gradings to categorize
          mengkategorikan eksposur sesuai dengan                              exposures according to their degree of
          tingkat    risiko    gagal   bayar.  Grup                           risk default. The Group uses its own
          menggunakan catatan perdagangannya                                  trading records to rate its other debtors.
          sendiri untuk debitur lainnya.




                                                         - 101 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                           PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                                 AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                               NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                                   DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                                  THEN ENDED
(Lanjutan)                                                                                                                                  (Continued)


          Kerangka peringkat risiko kredit kini Grup                                                                          The Group’s current credit risk grading
          terdiri dari kategori berikut:                                                                                      framework comprises the following
                                                                                                                              categories:

                  Kategori/                                                                                                                            Dasar pengakuan ECL/
                                                                                Deskripsi/Description
                  Category                                                                                                                             Basis for recognizing ECL

             Lancar/                             Pihak lawan memiliki risiko gagal bayar yang rendah                                                   ECL 12 bulan/
             Performing                          dan tidak memiliki tunggakan./                                                                        12-month ECL
                                                 The counterparty has a low risk of default and does
                                                 not have any past-due amounts.
             Dicadangkan/                        Jumlah yang tertunggak > 30 hari atau telah ada                                                       ECL sepanjang umur –
             Doubtful                            peningkatan risiko kredit yang signifikan sejak                                                       kredit tidak memburuk/
                                                 pengakuan awal./                                                                                      Lifetime ECL – not credit-
                                                 Amount is > 30 days past due or there has been a                                                      impaired
                                                 significant increase in credit risk since initial
                                                 recognition.
             Gagal bayar/                        Jumlah yang tertunggak > 60 hari atau ada bukti                                                       ECL sepanjang umur –
             In default                          yang mengindikasikan aset mengalami penurunan                                                         kredit memburuk/
                                                 nilai kredit./                                                                                        Lifetime ECL – credit-
                                                 Amount is > 60 days past due or there is evidence                                                     impaired
                                                 indicating the asset is credit-impaired.

             Penghapusan/                        Ada bukti yang mengindikasikan bahwa debitur                                                          Saldo dihapuskan/
             Write-off                           dalam kesulitan keuangan yang buruk dan Grup                                                          Amount is written off
                                                 tidak memiliki prospek pemulihan yang realistis./
                                                 There is evidence indicating that the debtor is in
                                                 severe financial difficulty and the Group has no
                                                 realistic prospect of recovery.

          Tabel di bawah merinci kualitas kredit aset                                                                         The table below details the credit quality
          keuangan Grup serta eksposur maksimum                                                                               of the Group’s financial assets as well as
          risiko kredit menurut peringkat risiko                                                                              maximum exposure to credit risk by
          kredit:                                                                                                             credit risk rating grades:
                                                       Peringkat                                            Jumlah
                                                        Kredit                                             tercatat                              Jumlah
                                                       Internal/                                            bruto/              Cadangan        tercatat
                                                       Internal         ECL 12 bulan atau sepanjang          Gross              kerugian/        bersih/
                                                        Credit                     umur/                   carrying                Loss       Net carrying
                                                        Rating           12-month or lifetime ECL          amount               allowance       amount
                                                                                                              US$                   US$           US$

          31 Desember 2025                                                                                                                                    December 31, 2025

          Bank dan deposito berjangka            Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                       Cash in banks and time deposits
           (Catatan 6)                           Performing        12-month ECL (low credit risk)              470.105.774          -          470.105.774     (Note 6)

                                                                   ECL sepanjang umur (pendekatan
                                                                   sederhana)/
          Piutang usaha (Catatan 7)              (i)               Lifetime ECL (simplified approach)           17.273.869        (439.651)      16.834.218   Trade accounts receivable (Note 7)

                                                 Lancar/
          Piutang lain-lain (Catatan 7)          Performing        ECL 12 bulan/12-month ECL                    14.918.055          -            14.918.055   Other accounts receivable (Note 7)

          Investasi pada aset keuangan lainnya   Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                       Investment in other financial assets
           (Catatan 13)                          Performing        12-month ECL (low credit risk)              326.400.001          -          326.400.001     (Note 13)

                                                 Lancar/           ECL 12 bulan (risiko kredit rendah)/
          Aset lancar lainnya (Catatan 8)        Performing        12-month ECL (low credit risk)              106.418.231          -          106.418.231    Other current assets (Note 8)

          Investasi pada aset keuangan lainnya   Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                       Investment in other financial assets
           (Catatan 13)                          Performing        12-month ECL (low credit risk)              226.706.487          -          226.706.487     (Note 13)

          Aset tidak lancar lainnya              Lancar/           ECL 12 bulan (risiko kredit rendah)/
                                                 Performing        12-month ECL (low credit risk)                 4.346.880         -             4.346.880   Other non-current assets

                                                                                                                                  (439.651)


                                                       Peringkat                                            Jumlah
                                                        Kredit                                             tercatat                              Jumlah
                                                       Internal/                                            bruto/              Cadangan        tercatat
                                                       Internal         ECL 12 bulan atau sepanjang          Gross              kerugian/        bersih/
                                                        Credit                     umur/                   carrying                Loss       Net carrying
                                                        Rating           12-month or lifetime ECL          amount               allowance       amount
                                                                                                              US$                   US$           US$

          31 Desember 2024 *)                                                                                                                                 December 31, 2024 *)

          Bank dan deposito berjangka            Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                       Cash in banks and time deposits
           (Catatan 6)                           Performing        12-month ECL (low credit risk)              180.202.136          -          180.202.136     (Note 6)

                                                                   ECL sepanjang umur (pendekatan
                                                                   sederhana)/
          Piutang usaha (Catatan 7)              (i)               Lifetime ECL (simplified approach)           18.733.243        (676.951)      18.056.292   Trade accounts receivable (Note 7)

                                                 Lancar/
          Piutang lain-lain (Catatan 7)          Performing        ECL 12 bulan/12-month ECL                      9.010.250         -             9.010.250   Other accounts receivable (Note 7)

                                                 Lancar/           ECL 12 bulan (risiko kredit rendah)/
          Aset lancar lainnya (Catatan 8)        Performing        12-month ECL (low credit risk)               24.981.301          -            24.981.301   Other current assets (Note 8)

                                                 Lancar/
          Piutang pinjaman dari pihak berelasi   Performing        ECL 12 bulan/12-month ECL                    38.395.991          -            38.395.991   Loan receivable from related party

          Investasi pada aset keuangan lainnya   Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                       Investment in other financial assets
           (Catatan 13)                          Performing        12-month ECL (low credit risk)              436.801.069          -          436.801.069     (Note 13)

          Aset tidak lancar lainnya              Lancar/           ECL 12 bulan (risiko kredit rendah)/
                                                 Performing        12-month ECL (low credit risk)                 1.835.487         -             1.835.487   Other non-current assets

                                                                                                                                  (676.951)




                                                                                              - 102 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                             THEN ENDED
(Lanjutan)                                                                                                                             (Continued)

                                                  Peringkat                                              Jumlah
                                                   Kredit                                               tercatat                             Jumlah
                                                  Internal/                                              bruto/              Cadangan        tercatat
                                                  Internal         ECL 12 bulan atau sepanjang            Gross              kerugian/        bersih/
                                                   Credit                     umur/                     carrying                Loss       Net carrying
                                                   Rating           12-month or lifetime ECL            amount               allowance       amount
                                                                                                           US$                   US$           US$

         1 Januari 2024 *)                                                                                                                                 January 1, 2024 *)
         Bank dan deposito berjangka        Lancar/           ECL 12 bulan (risiko kredit rendah)/                                                         Cash in banks and time deposits
          (Catatan 6)                       Performing        12-month ECL (low credit risk)                589.739.610          -          589.739.610     (Note 6)

                                                              ECL sepanjang umur (pendekatan
                                                              sederhana)/
         Piutang usaha                      (i)               Lifetime ECL (simplified approach)              18.027.951     (1.263.916)      16.764.035   Trade accounts receivable

                                            Lancar/
         Piutang lain-lain                  Performing        ECL 12 bulan/12-month ECL                            279.401       -               279.401   Other accounts receivable

                                            Lancar/           ECL 12 bulan (risiko kredit rendah)/
         Aset lancar lainnya                Performing        12-month ECL (low credit risk)                  17.076.817         -            17.076.817   Other current assets

         Aset tidak lancar lainnya          Lancar/           ECL 12 bulan (risiko kredit rendah)/
                                            Performing        12-month ECL (low credit risk)                   2.095.916         -             2.095.916   Other non-current assets

                                                                                                                             (1.263.916)

         *) Disajikan kembali (Catatan 5)                                                                                                                  *) As restated (Note 5)


         (i)       Grup menentukan ECL pada pos-pos                                                                 (i) The Group determines the ECL on
                   tersebut    menggunakan       matriks                                                                these items by using a provision
                   provisi, yang diestimasi berdasarkan                                                                 matrix, estimated based on historical
                   pengalaman kerugian kredit historis                                                                  credit loss experience based on the
                   berdasarkan status utang debitur                                                                     past due status of the debtors,
                   masa lalu, yang disesuaikan dengan                                                                   adjusted as appropriate to reflect
                   kondisi saat ini dan perkiraan kondisi                                                               current conditions and estimates of
                   ekonomi di masa depan.                                                                               future economic conditions.

           Grup telah mengadopsi prosedur dalam                                                                      The Group has adopted procedures in
           memperluas persyaratan kredit kepada                                                                      extending credit terms to customers and
           pelanggan dan dalam memantau risiko                                                                       in monitoring its credit risk. The Group
           kreditnya. Grup hanya memberikan kredit                                                                   only grants credit to credit worthy
           kepada pihak lawan yang layak kredit. Kas                                                                 counterparties. Cash and time deposits
           dan deposito berjangka ditempatkan pada                                                                   are held with creditworthy institutions
           lembaga yang layak kredit dan memiliki                                                                    and is subject to immaterial credit loss.
           kerugian kredit yang tidak material.

           Meskipun      eksposur    kredit   Grup                                                                   Although the Group credit exposure is
           terkonsentrasi terutama di Indonesia,                                                                     concentrated mainly in Indonesia, it has
           tidak terdapat konsentrasi risiko kredit                                                                  no significant concentration of credit risk
           signifikan pada pelanggan atau kelompok                                                                   with any single customer or group of
           pelanggan tertentu.                                                                                       customers.

           Rincian lebih lanjut dari risiko kredit pada                                                              Further details of credit risks on trade
           piutang diungkapkan pada Catatan 7.                                                                       accounts receivable is disclosed in
                                                                                                                     Note 7.

       v. Manajemen Risiko Likuiditas                                                                       v.       Liquidity Risk Management

           Tanggung jawab utama untuk manajemen                                                                       Ultimate responsibility for liquidity risk
           risiko likuiditas terletak pada Dewan                                                                      management rests with the Board of
           Direksi, yang telah membentuk kerangka                                                                     Directors, which has established an
           kerja manajemen risiko likuiditas yang                                                                     appropriate liquidity risk management
           sesuai untuk manajemen Grup dan                                                                            framework for the management of the
           pendanaan jangka pendek, menengah                                                                          Group’s short, medium and long-term
           dan jangka panjang dan persyaratan                                                                         funding and liquidity management
           manajemen likuiditas. Grup mengelola                                                                       requirements. The Group manages
           risiko likuiditas dengan memelihara                                                                        liquidity risk by maintaning adequate
           cadangan yang memadai, dengan terus                                                                        reserves, by continuously monitoring
           memantau proyeksi arus kas dan aktual.                                                                     forecast    and   actual   cash     flows.
           Manajemen berpendapat bahwa kas masa                                                                       Management believes that future cash to
           depan yang dihasilkan dari kegiatan usaha                                                                  be generated from operations is
           cukup untuk memenuhi kebutuhan modal                                                                       sufficient to meet working capital
           kerja dan melunasi pinjaman jangka                                                                         requirements and settle the current
           pendek saat jatuh tempo. Kebutuhan                                                                         portion of outstanding loans as they fall
           pembiayaan untuk modal kerja ditelaah                                                                      due. Financing requirements for working
           secara berkala dan pada saat diperlukan.                                                                   capital are reviewed on a regular basis
                                                                                                                      and where deemed necessary.




                                                                                       - 103 -
Page 322
PT CHANDRA DAYA INVESTASI Tbk                                                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                                              THEN ENDED
(Lanjutan)                                                                                                                              (Continued)


          Grup saat ini memiliki kontrak dengan                                                                           The Group currently has a contract
          tingkat bunga yang mengacu pada JIBOR                                                                           whose interest rate refer to JIBOR and
          dan berlaku hingga setelah periode                                                                              extend beyond December 31, 2025. As at
          31 Desember 2025. Pada 31 Desember                                                                              December 31, 2025, the alternative
          2025, suku bunga acuan alternatif belum                                                                         benchmark is not yet determined. Risks
          ditentukan. Risiko yang timbul dari                                                                             arising from the transition relate
          transisi terutama terkait dengan potensi                                                                        principally to the potential impact of rate
          dampak perbedaan suku bunga jika                                                                                differences if the debt does not transition
          pinjaman jangka panjang terkait tidak                                                                           to the new interest rate benchmark at the
          beralih ke suku bunga acuan baru pada                                                                           same time and/or the rates move by
          saat yang sama dan/atau suku bunga                                                                              different amounts. Management will
          bergerak dengan jumlah yang berbeda.                                                                            continue to monitor this and take the
          Manajemen akan terus memonitor hal ini                                                                          necessary actions to address related
          dan mengambil tindakan yang diperlukan                                                                          risks and uncertainties going forward.
          untuk mengatasi risiko dan ketidakpastian
          terkait di masa mendatang.

          Rincian fasilitas tambahan yang belum                                                                           Details of additional undrawn facilities
          digunakan yang dimiliki Grup untuk                                                                              that the Group has at its disposal to
          mengurangi risiko likuiditas termasuk                                                                           further reduce liquidity risk are included
          dalam Catatan 33a.                                                                                              in Note 33a.

          Tabel risiko likuiditas dan suku bunga                                                                          Liquidity and interest risk tables

          Tabel berikut merinci sisa jatuh tempo                                                                          The following table details the Group’s
          kontrak untuk liabilitas keuangan non-                                                                          remaining contractual maturity for its
          derivatif dengan periode pembayaran                                                                             non-derivative financial liabilities with
          yang disepakati Grup. Tabel telah disusun                                                                       agreed repayment period. The table has
          berdasarkan    arus    kas     yang   tak                                                                       been      drawn    up   based    on   the
          terdiskonto dari    liabilitas  keuangan                                                                        undiscounted cash flows of financial
          berdasarkan tanggal terawal dimana Grup                                                                         liabilities based on the earliest date on
          dapat diminta untuk membayar.                                                                                   which the Group can be required to pay.

          Tabel mencakup untuk arus kas pokok dan                                                                         The table includes both interest and
          bunga. Jatuh tempo kontrak didasarkan                                                                           principal cash flows. The contractual
          pada tanggal terawal dimana Grup                                                                                maturity is based on the earliest date on
          mungkin akan diminta untuk membayar.                                                                            which the Group may be required to pay.
                                               Tingkat bunga
                                                     efektif
                                                   rata-rata
                                                 tertimbang/
                                                  Weighted      Kurang dari                   3 bulan -
                                                   average      satu bulan/                   1 tahun/                         Di atas
                                                   effective     Less than     1-3 bulan/   3 months to      1-5 tahun/       5 tahun/       Jumlah/
                                                interest rate    1 month      1-3 months       1 year         1-5 years     Above 5 years     Total
                                                       %            US$           US$           US$             US$             US$            US$

          31 Desember 2025                                                                                                                                December 31, 2025
          Tanpa bunga                                                                                                                                     Non-interest bearing
             Utang usaha                                                                                                                                     Trade accounts payable
                 Pihak berelasi                      -              605.138        -             -               -                -             605.138          Related parties
                 Pihak ketiga                        -            4.235.634        -             -               -                -           4.235.634          Third parties
             Utang lain-lain kepada                                                                                                                          Other accounts payable to
                 pihak ketiga                        -            1.224.987        -             -               -                -           1.224.987          third parties
             Biaya yang masih harus dibayar          -           12.216.381        -             -               -                -          12.216.381      Accrued expenses
          Instrumen tingkat bunga tetap                                                                                                                   Fixed interest rate instruments
              Liabilitas sewa                 7,45% - 9,75%           6.660        19.868     1.562.265        4.337.229         130.175      6.056.197       Lease liabilities
              Utang bank jangka panjang         7,5% - 9%           108.147       334.135     1.157.301        4.746.062       2.123.904      8.469.549       Long-term bank loans
          Instrumen tingkat bunga variabel                                                                                                                Variable interest rate instruments
              Utang bank jangka panjang        5,37% - 9%         2.666.386    10.252.851    31.659.937      237.131.636     492.115.541    773.826.351      Long-term bank loans

          Jumlah                                                 21.063.333    10.606.854    34.379.503      246.214.927     494.369.620    806.634.237   Total

                                              Tingkat bunga
                                                    efektif
                                                  rata-rata
                                                tertimbang/
                                                 Weighted       Kurang dari                   3 bulan -
                                                   average      satu bulan/                   1 tahun/                         Di atas
                                                  effective      Less than     1-3 bulan/   3 months to      1-5 tahun/       5 tahun/       Jumlah/
                                               interest rate     1 month      1-3 months       1 year        1-5 years      Above 5 years     Total
                                                      %             US$           US$           US$             US$             US$            US$

          31 Desember 2024 *)                                                                                                                             December 31, 2024 *)
          Tanpa bunga                                                                                                                                     Non-interest bearing
             Utang usaha                                                                                                                                     Trade accounts payable
                Pihak berelasi                      -               300.921        -             -               -                -             300.921         Related parties
                Pihak ketiga                        -             1.324.616        -             -               -                -           1.324.616         Third parties
             Utang lain-lain kepada                                                                                                                          Other accounts payable to
                pihak ketiga                        -             7.431.744        -             -               -                -           7.431.744         third parties
             Biaya yang masih harus dibayar         -            10.043.879        -             -               -                -          10.043.879      Accrued expenses
          Instrumen tingkat bunga tetap                                                                                                                   Fixed interest rate instruments
             Liabilitas Sewa                     9,50%               76.667        34.727            2.005       -                -            113.399        Lease liabilities
          Instrumen tingkat bunga variabel                                                                                                                Variable interest rate instruments
             Utang bank jangka panjang        7,76% - 8,68%       2.199.946     6.571.217    18.884.913      122.834.092     290.822.400    441.312.568      Long-term bank loans

          Jumlah                                                 21.377.773     6.605.944    18.886.918      122.834.092     290.822.400    460.527.127   Total



         *) Disajikan kembali (Catatan 5)                                                                             *) As restated (Note 5)



                                                                                       - 104 -
Page 323
PT CHANDRA DAYA INVESTASI Tbk                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                             THEN ENDED
(Lanjutan)                                                                                             (Continued)



             Jumlah yang dicakup di atas untuk                                   The amounts included above for variable
             instrumen suku bunga variabel untuk                                 interest rate instruments for both non-
             liabilitas keuangan non-derivatif harus                             derivative financial liabilities is subject to
             berubah jika perubahan suku bunga                                   change if changes in variable interest
             variabel berbeda dengan estimasi suku                               rates differ to those estimates of interest
             bunga yang ditentukan pada akhir periode                            rates determined at the end of the
             pelaporan.                                                          reporting period.

         vi. Risiko harga komoditas                                        vi.   Commodity price risk

             Eksposur Grup terhadap risiko harga                                 The Grup’s exposure to commodity price
             komoditas terutama berkaitan dengan                                 risk relates primarily to the purchase of
             pembelian gas. Harga gas secara                                     gas. The prices of gas are directly
             langsung dipengaruhi oleh fluktuasi harga                           affected by the price fluctuations and the
             dan tingkat permintaan dan penawaran di                             level of demand and supply in the
             pasar.                                                              market.

             Kebijakan Grup adalah meminimalkan                                  The Group’s policy is to minimize the
             risiko yang timbul dari fluktuasi harga                             risks arising from the fluctuations in the
             komoditas dengan menjaga tingkat                                    commidity prices by maintaining the
             persediaan gas yang optimal untuk                                   optimum stock level of gas for a
             produksi yang berkelanjutan. Selain itu,                            continuous production. In addition, the
             formula tarif listrik yang telah disetujui                          electricity tariff formula approved by the
             oleh     Pemerintah        memungkinkan                             Government allows the commodity price
             komponen      harga    komoditas    dapat                           component could be pass through to the
             diteruskan kepada pelanggan.                                        customers.

    c.   Tujuan dan Kebijakan Manajemen Modal                         c.   Capital   Management               Policies      and
                                                                           Objectives

         Grup mengelola modal untuk memastikan                             The Group manages capital to ensure that
         bahwa entitas dalam Grup akan mampu untuk                         entities in the Group will be able to continue as
         melanjutkan keberlangsungan usaha, selain                         a going concern, in addition to maximize the
         memaksimalkan keuntungan para pemegang                            profit of the shareholders through the
         saham melalui optimalisasi saldo utang dan                        optimization of the balance of debt and equity.
         ekuitas. Strategi Grup tetap tidak berubah                        The Group’s strategy remains unchanged from
         dari 2024.                                                        2024.

         Struktur modal Grup terdiri dari pinjaman,                        The capital structure of the Group consists of
         yang mencakup utang bank, yang dijelaskan                         debt, which includes in bank loans disclosed in
         pada Catatan 17 dan jumlah ekuitas, yang                          Notes 17 and total equity, which consist of
         terdiri dari modal yang ditempatkan (Catatan                      capital stock (Note 19), additional paid-in
         19), tambahan modal disetor (Catatan 20),                         capital (Note 20), other comprehensive loss,
         rugi komprehensif lain, saldo laba dan                            retained earnings and non-controlling interests
         kepentingan non-pengendali (Catatan 21).                          (Note 21).

         Direksi Grup secara berkala melakukan reviu                       The Board of Directors of the Group
         struktur permodalan Grup. Sebagai bagian                          periodically reviews the Group’s capital
         dari reviu ini, Direksi mempertimbangkan                          structure. As part of this review, the Board of
         biaya    permodalan    dan    risiko  yang                        Directors considers the cost of capital and the
         berhubungan.                                                      related risks.

         Rasio jumlah pinjaman terhadap kapitalisasi                       The total debt to capitalization ratio are as
         adalah sebagai berikut:                                           follows:

                                             31 Desember/           31 Desember/
                                             December 31,           December 31,
                                                 2025                  2024 *)
                                                 US$                     US$
         Pinjaman                               562.621.641           292.881.971      Debt
         Jumlah ekuitas                       1.135.936.976           752.180.585      Total equity
         Jumlah kapitalisasi                  1.698.558.617         1.045.062.556      Total Capitalization
         Rasio jumlah pinjaman
           terhadap kapitalisasi                 33%                    28%            Total debt to capitalization ratio

         *) Disajikan kembali (Catatan 5)                                  *) As restated (Note 5)




                                                          - 105 -
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PT CHANDRA DAYA INVESTASI Tbk                                                       PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                               DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                              THEN ENDED
(Lanjutan)                                                                                              (Continued)


    d.   Pengukuran nilai wajar                                       d. Fair value measurement

         Nilai wajar instrumen keuangan yang dicatat                      Fair value of financial instruments carried at
         pada biaya perolehan diamortisasi                                amortized cost

         Direksi menganggap bahwa nilai tercatat aset                     The Directors consider that the carrying
         keuangan dan liabilitas keuangan, kecuali                        amounts of financial assets and financial
         utang bank dengan tingkat bunga tetap                            liabilities, except bank loan with fixed rate
         mendekati nilai wajarnya.                                        interest approximate their fair values.

         Investasi pada obligasi dengan tingkat                           Investment in bonds are grouped into level 1
         bunga tetap dikelompokkan ke dalam level 1                       with fair value and carrying amount
         dengan nilai wajar dan nilai tercatat masing-                    amounting    to  US$     121,068,676    and
         masing sebesar US$ 121.068.676 dan                               US$ 109,978,686, respectively, as of
         US$ 109.978.686 pada 31 Desember 2025                            December 31, 2025 (December 31, 2024:
         (31 Desember 2024: US$ 112.601.462 dan                           US$ 112,601,462 and US$ 110,401,068).
         US$ 110.401.068).

         Teknik penilaian dan asumsi yang diterapkan                      Valuation techniques and assumptions applied
         untuk tujuan pengukuran nilai wajar                              for the purposes of measuring fair value

         Nilai wajar aset keuangan dan liabilitas                         The fair values of financial assets and financial
         keuangan ditentukan sebagai berikut:                             liabilities are determined as follows:

         a.   Nilai wajar asset keuangan dan liabilitas                   a.   The fair values of financial assets and
              keungan dengan syarat dan kondisi                                financial liabilities with standard terms
              standar dan diperdagangkan di pasar                              and conditions and traded on active liquid
              aktif ditentukan dengan mengacu pada                             markets are determined with reference to
              harga pasar.                                                     quoted market prices.

         b.   Nilai tercatat dari aset dan liabilitas                     b.   The carrying amount of financial assets
              keuangan yang jatuh tempo dalam satu                             and    liabilities due   in  one      year
              tahun mendekati nilai wajarnya karena                            approximates fair value because of their
              jatuh tempo dalam jangka pendek. Untuk                           short-term maturity. For non-current
              aset keuangan dan liabilitas keuangan                            financial assets and financial liabilities,
              jangka    panjang,   biaya   perolehan                           the amortized cost approximates fair
              diamortisasi mendekati nilai wajarnya                            value because such instruments carry
              karena instrumen tersebut dikenakan                              market rate of interest.
              tingkat bunga pasar.

         Hirarki pengukuran nilai wajar atas aset dan                     Fair value measurements hierarchy of the
         liabilitas Grup                                                  Group’s assets and liabilities

         Tabel berikut ini merangkum nilai tercatat dan                   The following tables summarize the carrying
         nilai wajar aset dan liabilitas, yang dianalisis                 amounts and fair values of the assets and
         nilai wajarnya berdasarkan pada:                                 liabilities, analyzed among those whose fair
                                                                          value is based on:

         a.   Pengukuran nilai wajar level 1 adalah                       a.   Level 1 fair value measurements are
              yang berasal dari harga kuotasian (tanpa                         those derived from quoted prices
              penyesuaian) di pasar aktif untuk aset                           (unadjusted) in active markets for
              atau liabilitas yang identik; yang dapat                         identical assets or liabilities that the
              diakses       entitas   pada     tanggal                         entity can access at the measurement
              pengukuran;                                                      date;

         b.   Pengukuran nilai wajar level 2 adalah                       b.   Level 2 fair value measurements are
              yang berasal dari input selain harga                             those derived from inputs other the
              kuotasian yang termasuk dalam Level 1                            quoted prices included within Level 1 that
              yang dapat diobservasi untuk aset atau                           are observable for the asset or liability,
              liabilitas, baik secara langsung (misalnya                       either directly (i.e. as prices) or indirectly
              harga) atau secara tidak langsung                                (i.e. derived from prices); and
              (misalnya derivasi dari harga); dan

         c.   Pengukuran nilai wajar level 3 adalah                       c.   Level 3 fair value measurements are
              yang berasal dari teknik penilaian yang                          those derived from valuation techniques
              mencakup input untuk aset atau liabilitas                        that include inputs for the asset or
              yang bukan berdasarkan data pasar yang                           liability that are not based on observable
              dapat diobservasi (input yang tidak dapat                        market data (unobservable inputs).
              diobservasi).




                                                            - 106 -
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PT CHANDRA DAYA INVESTASI Tbk                                                                      PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                                              DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                                             THEN ENDED
(Lanjutan)                                                                                                             (Continued)

                                                Tingkat 1/       Tingkat 2/           Tingkat 3/        Jumlah/
                                                 Level 1          Level 2              Level 3           Total
                                                   US$              US$                  US$              US$

         31 Desember 2025                                                                                            December 31, 2025
         Aset yang diukur pada nilai wajar                                                                           Assets measured at fair value
         Aset keuangan pada FVTOCI                                                                                   Financial assets at FVTOCI
           Investasi saham                           -               -                   1.882.388       1.882.388      Investment in shares
         Aset keuangan pada FVTPL                                                                                    Financial assets at FVTPL
           Investasi saham                      106.418.231          -                   -             106.418.231      Investment in shares
           Investasi pada equity linked bonds        -               -                326.400.001      326.400.001      Investment in equity linked bonds
                                                106.418.231          -                328.282.389      434.700.620


                                                Tingkat 1/      Tingkat 2/           Tingkat 3/         Jumlah/
                                                 Level 1         Level 2              Level 3            Total
                                                   US$             US$                  US$               US$
         31 Desember 2024                                                                                            December 31, 2024
         Aset yang diukur pada nilai wajar                                                                           Assets measured at fair value
         Aset keuangan pada FVTOCI                                                                                   Financial assets at FVTOCI
           Investasi saham                          -                -                 1.720.657        1.720.657       Investment in shares
         Aset keuangan pada FVTPL                                                                                    Financial assets at FVTPL
           Investasi saham                      24.981.301           -                    -            24.981.301       Investment in shares
           Investasi pada equity linked bonds       -                -               326.400.001      326.400.001       Investment in equity linked bonds
                                                24.981.301           -               328.120.658      353.101.959

        Nilai wajar atas aset keuangan dan liabilitas                                       Fair value of the Group’s financial assets and
        keuangan Grup yang diukur pada nilai wajar                                          financial liabilities that are measured at fair
        secara berulang.                                                                    value on a recurring basis.

        Tidak ada transfer antara tingkat 1, tingkat 2                                      There were no transfers between level 1, level
        dan tingkat 3 pada periode berjalan.                                                2 and level 3 during the period.


37. PENGUNGKAPAN     TAMBAHAN    ATAS                                         37. SUPPLEMENTAL DISCLOSURES ON NON-
    AKTIVITAS INVESTASI DAN PENDANAAN                                             CASH    INVESTING AND   FINANCING
    NON-KAS                                                                       ACTIVITIES

                                                         2025                  2024
                                                         US$                   US$
    Penambahan aset tetap melalui                                                                  Addition of property, plant and equipment
      utang lain-lain                                      471.173                   47.344          through others accounts payable
    Penambahan aset hak guna melalui                                                               Addition of right of use assets
      liabilitas sewa                                    4.499.885               206.992             through lease liabilities
                                                                                                   Additional of investment properties
    Penambahan properti investasi                                                                    through reclassification of
       melalui reklasifikasi aset tetap                    845.477               -                   property, plant and equipment
    Penambahan investasi pada saham
       entitas anak oleh kepentingan                                                               Additional of investment in shares of
       nonpengendali melalui                                                                         subsidiary by non-controlling interest
       piutang lain-lain                                 5.040.000               -                   through other accounts receivable
    Pelunasan utang jaminan dengan                                                                 Customers deposit payments through
       kompensasi piutang usaha                           -                             120          trade accounts receivable compensation
    Akuisisi entitas anak yang                                                                     Acquisition of subsidiary which accounted
       diperhitungkan sebagai akuisisi                                                               as assets acquisition rather than
       aset daripada kombinasi bisnis                     -                    7.695.000             a business combination


38. PERISTIWA SETELAH PERIODE PELAPORAN                                       38. EVENTS AFTER THE REPORTING PERIOD
                                                                               a.
    •    Berdasarkan Keputusan Edaran Direksi                                  b. •  Based on the Circular Resolution of the
         Perseroan dan Keputusan Edaran Dewan                                        Company’s Board of Directors and the Circular
         Komisaris   Perseroan,  yang     keduanya                                   Resolution of the Company’s Board of
         tertanggal 29 Desember 2025, Perseroan                                      Commissioners, both dated December 29,
         memutuskan untuk melakukan pembagian                                        2025, the Company resolved to distribute an
         dividen interim untuk tahun buku 2025                                       interim dividend for the 2025 financial year,
         sebesar Rp1,34 per saham. Dividen tersebut                                  amounting to Rp 1.34 per share. The dividend
         telah dibayarkan pada tanggal 29 Januari                                    was paid on January 29, 2026.
         2026.

    •    Pada tanggal 5 Februari 2026, Perusahaan                              c. •         On February 5, 2026, the Company carried
         melakukan pembelian kembali saham sebanyak-                                        out share buybacks with the maximum
         banyaknya sebesar Rp 1.000.000.000.000                                             amount      of   Rp   1,000,000,000,000    in
         dalam kondisi pasar berfluktuasi signifikan                                        significantly fluctuating market conditions
         tanpa memperoleh persetujuan Rapat Umum                                            without the Company’s General Meeting of
         Pemegang Saham ("RUPS"), sesuai pasal 7                                            Shareholders ("GMS") as stipulated by article
         Peraturan OJK No. 13 tahun 2023.                                                   7 of OJK Regulation No. 13 in 2023.
                                                                               d.


                                                                     - 107 -
Page 326
PT CHANDRA DAYA INVESTASI Tbk                                                    PT CHANDRA DAYA INVESTASI Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DESEMBER 2025 DAN 2024 DAN UNTUK TAHUN-                            DECEMBER 31, 2025 AND 2024 AND THE YEARS
TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT                                                           THEN ENDED
(Lanjutan)                                                                                           (Continued)


       Rencana pembelian kembali saham ini                    e.       The shares buyback plan will be conducted
       dilakukan dalam jangka waktu paling lama 3                      within a maximum period of three months
       bulan dari 6 Februari 2026 sampai 5 Mei                         from February 6, 2026 until May 5, 2026.
       2026.
                                                              f.

39. TANGGUNG   JAWAB   MANAJEMEN  DAN                    39. MANAGEMENT’S    RESPONSIBILITY  AND
    PERSETUJUAN ATAS LAPORAN KEUANGAN                        APPROVAL    OF   THE   CONSOLIDATED
    KONSOLIDASIAN                                            FINANCIAL STATEMENTS

    Penyusunan dan penyajian wajar laporan                         The preparation and fair presentation of the
    keuangan     konsolidasian  dari     halaman                   consolidated financial statements from pages
    1 sampai 108 merupakan tanggung jawab                          1 to 108 was the responsibilities of the
    manajemen dan telah disetujui oleh Presiden                    management and were approved by the President
    Direktur dan Direktur untuk diterbitkan pada                   Director and Director and authorized for issuance
    tanggal 24 Maret 2026.                                         on March 24, 2026.




                                                    - 108 -
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     Halaman ini sengaja dikosongkan
This page has been intentionally left blank
Page 328
Referensi SEOJK No. 16/SEOJK.04/2021:
Laporan Tahunan Emiten atau
Perusahaan Publik
SEOJK No. 16/SEOJK.04/2021: Annual Report of Public Company




                                                                                                                   Halaman
No.                Isi Laporan Tahunan                                 Annual Report Content                        Page
      ISI LAPORAN TAHUNAN                                  CONTENTS OF THE ANNUAL REPORT
      Laporan Tahunan paling sedikit memuat                The Annual Report must contain at least the
      informasi mengenai:                                  following information:
      a. Ikhtisar data keuangan penting;                   a. Summary of important financial data;                   √
      b. Informasi saham (jika ada);                       b. Stock information (if available);                      √
      c. Laporan Direksi;                                  c. Board of Directors’ Report;                            √
      d. Laporan Dewan Komisaris;                          d. Board of Commissioners’ Report;                        √
      e. Profil Emiten atau Perusahaan Publik;             e. Issuer or Public Company Profile;                      √
      f. Analis dan pembahasan manajemen;                  f. fManagement analysis and discussion;                   √
      g. Tata kelola Emiten atau Perusahaan Publik;        g. Issuer or Public Company Governance;                   √
      h. Tanggung jawab sosial dan lingkungan Emiten       h. Social and environmental responsibility of the         √
           atau Perusahaan Publik;                             Issuer or Public Company;
      i. Laporan keuangan tahunan yang telah diaudit;      i. Audited annual financial statements; and               √
           dan
      j. Surat pernyataan anggota Direksi dan anggota      j.   A statement letter from Board of Directors and       √
           Dewan Komisaris tentang tanggung jawab atas          Board of Commissioners members regarding
           Laporan Tahunan;                                     their responsibility for the Annual Report;

      Uraian Isi Laporan Tahunan                           Description of the Contents of the Annual Report          8-9
A     Ikhtisar Data Keuangan Penting                       Summary of Key Financial Information
      Ikhtisar data keuangan penting memuat                Summary of Key Financial Information contains
      informasi keuangan yang disajikan dalam bentuk       financial information presented in comparison
      perbandingan selama 3 (tiga) tahun buku atau sejak   with the previous 3 (three) fiscal years or since
      memulai usahanya jika Emiten atau Perusahaan         commencement of business. This is in the event
      Publik tersebut menjalankan kegiatan usahanya        that the Issuer or the Public Company commences
      kurang dari 3 (tiga) tahun, paling sedikit memuat:   the business less than 3 (three) years, and the
                                                           report shall at least contain:
      1.  Pendapatan/penjualan;                            1. Income/sales;
      2.  Laba bruto;                                      2. Gross profit;
      3.  Laba (rugi);                                     3. Profit (loss);
      4.  Jumlah laba (rugi) yang dapat diatribusikan      4. Total profit (loss) attributable to equity holders
          kepada pemilik entitas induk dan kepentingan         of the parent entity and noncontrolling interest;
          non pengendali;
      5. Total laba (rugi) komprehensif;                   5.  Total comprehensive profit (loss);
      6. Jumlah laba (rugi) komprehensif yang dapat        6.  Total comprehensive profit (loss) attributable
          diatribusikan kepada pemilik entitas induk dan       to equity holders of the parent entity and non-
          kepentingan non pengendali;                          controlling interest;
      7. Laba (rugi) per saham;                            7. Earning (loss) per share;
      8. Jumlah aset;                                      8. Total assets;
      9. Jumlah liabilitas;                                9. Total liabilities;
      10. Jumlah ekuitas;                                  10. Total equities;
      11. Rasio laba (rugi) terhadap jumlah aset;          11. Profit (loss) to total assets ratio;
      12. Rasio laba (rugi) terhadap ekuitas;              12. Profit (loss) to equities ratio;
      13. Rasio laba (rugi) terhadap pendapatan/           13. Profit (loss) to sales ratio;
          penjualan;
      14. Rasio lancar;                                    14. Current ratio;
      15. Rasio liabilitas terhadap ekuitas;               15. Liabilities to equities ratio;
      16. Rasio liabilitas terhadap jumlah aset; dan       16. Liabilities to total assets ratio; and
      17. Informasi dan rasio keuangan lainnya yang        17. Other information and financial ratios relevant
          relevan dengan Emiten atau Perusahaan Publik         to the Issuer or Public Company and type of
          dan jenis industrinya.                               industry.
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 B    Informasi Saham                                        Stock Information                                           12
      Informasi saham bagi Perusahaan Terbuka paling         Stock Information for Public Company at least
      sedikit memuat:                                        contains:
      1. Saham yang telah diterbitkan untuk setiap           1. Shares issued for each three-month period in
          masa triwulan yang disajikan dalam bentuk             the last 2 (two) fiscal years, at least covering:
          perbandingan selama 2 (dua) tahun buku
          terakhir, paling sedikit memuat:
          a. Jumlah saham yang beredar;                           a.   Total of outstanding shares;
          b. Kapitalisasi pasar berdasarkan harga pada            b.   Market capitalization based on the price of
              bursa efek tempat saham dicatatkan;                      the shares listed on the Stock Exchange;
          c. Harga saham tertinggi, terendah, dan                 c.   Highest share price, lowest share price,
              penutupan berdasarkan harga pada bursa                   closing share price at the Stock Exchange
              efek tempat saham dicatatkan; dan                        where the shares listed on; and
          d. Volume perdagangan pada bursa efek                   d.   Share volume at the Stock Exchange where
              tempat saham dicatatkan.                                 the shares listed on.

           Informasi pada huruf a) diungkap oleh Emiten           The information in letter a) has been disclosed
           yang merupakan Perusahaan Terbuka yang                 by Issuers that are Public Companies whose
           sahamnya tercatat maupun tidak tercatat di             shares are listed (or not listed) on the Stock
           Bursa Efek;                                            Exchange;

           Informasi dalam huruf b), huruf c) dan huruf d)        Information in point b), point c), and point
           hanya diungkapkan jika sahamnya tercatat di            d) only be disclosed if the Issuer is a public
           bursa efek;                                            company which shares is listed on the Stock
                                                                  Exchange;

      2.   Dalam hal terjadi aksi korporasi yang             2.   In the event of corporate actions, including          13-14
           menyebabkan terjadinya perubahan pada                  stock split, reverse stock, dividend, bonus
           saham, seperti pemecahan saham (stock                  share, and change in par value of shares,
           split), penggabungan saham (reverse stock),            issuance of convertible securities, as well as
           dividen saham, saham bonus, perubahan nilai            additions and subtractions of capital, then the
           nominal saham, penerbitan efek konversi,               share information referred to in point 1) should
           serta penambahan dan pengurangan modal,                be added with explanation on:
           informasi saham sebagaimana dimaksud pada
           angka 1) ditambahkan penjelasan paling sedikit
           mengenai:
           a. Tanggal pelaksanaan aksi korporasi;                 a.   Date of corporate action;
           b. Rasio pemecahan saham (stock split),                b.   Stock split ratio, reverse stock, dividend,
               penggabungan saham (reverse stock),                     bonus shares, total of convertible securities
               dividen saham, saham bonus, jumlah efek                 issued, and change in par value of shares;
               konversi yang diterbitkan, dan perubahan
               nilai nominal saham;
           c. Jumlah saham beredar sebelum dan                    c.   Total of outstanding shares prior to and
               sesudah aksi korporasi;                                 after corporate action;
           d. Jumlah efek konversi yang dilaksanakan (jika        d.   Total of convertible securities issued; and
               ada); dan
           e. Harga saham sebelum dan sesudah aksi                e.   Share price prior to and after corporate
               korporasi;                                              action;
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      3.   Dalam hal terjadi penghentian sementara          3.   In the event that the company’s shares were           14
           perdagangan saham (suspension) dan/atau               suspended and/or delisted from trading during
           pembatalan pencatatan saham (delisting)               the fiscal year, then the Issuers or Public
           dalam tahun buku, dijelaskan alasan                   Company should provide explanation on the
           penghentian sementara perdagangan saham               reason for the suspension and/or delisting; and
           (suspension) dan/atau pembatalan pencatatan
           saham (delisting) tersebut; dan

      4.   Dalam hal penghentian sementara perdagangan      4.   In the event that the suspension and/or                -
           saham (suspension) sebagaimana dimaksud               delisting as referred to in point 3) was still in
           pada angka 3) dan/atau proses pembatalan              effect until the date of the last period of the
           pencatatan saham (delisting) masih                    Annual Report, then the Issuer or the Public
           berlangsung hingga akhir periode Laporan              Company should also explain the corporate
           Tahunan, dijelaskan tindakan yang dilakukan           actions taken by the company in resolving the
           untuk menyelesaikan penghentian sementara             suspension and/or delisting.
           perdagangan saham (suspension) dan/atau
           pembatalan pencatatan saham (delisting)
           tersebut.

C     Laporan Direksi                                       Board of Directors Report                                  36
      Laporan Direksi paling sedikit memuat uraian          The Board of Directors Report should at least
      singkat mengenai:                                     contain the following items regarding:
      1. Kinerja Emiten atau Perusahaan Publik, paling      1. The performance of the Issuer or Public                37-43
          sedikit memuat:                                      Company, at least covering:
          a. Strategi dan kebijakan strategis Emiten atau      a. Strategy and strategic policies of the Issuer
              Perusahaan Publik;                                   or Public Company;
          b. Peranan Direksi dalam perumusan strategi          b. The role of the Board of Directors in
              dan kebijakan strategis Emiten atau                  formulating strategies and strategic policies
              Perusahaan Publik;                                   of Issuer or Public Company;
          c. Proses yang dilakukan Direksi untuk               c. The process carried out by the Board of
              memastikan implementasi strategi Emiten              Directors to ensure the implementation of
              atau Perusahaan Publik;                              the Issuer's or Public Company's strategy;
          d. Perbandingan antara hasil yang dicapai            d. Comparison between achievement of
              dengan yang ditargetkan Emiten atau                  results and targets; and
              Perusahaan Publik; dan
          e. Kendala yang dihadapi Emiten atau                   e. Challenges faced by the Issuer or Public
              Perusahaan Publik;                                    Company;
      2. Gambaran tentang prospek usaha Emiten atau         2.   Description on business prospects;                   44-46
          Perusahaan Publik; dan
      3. Penerapan tata kelola Emiten atau Perusahaan       3.   Implementation of good corporate governance          46-47
          Publik.                                                by Issuer or Public Company.
      4. Perubahan komposisi anggota Direksi dan            4.   Changes in the composition of members of the           -
          alasan perubahannya (jika ada)                         Board of Directors and reasons for the change
                                                                 (if any)
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D     Laporan Dewan Komisaris                               Board of Commissioners Report                             24
      Laporan Dewan Komisaris paling sedikit memuat         The Board of Commissioners Report should at least
      uraian singkat mengenai:                              contain the following items regarding:
      1. Penilaian terhadap kinerja Direksi mengenai        1. The Board of Directors’ performance                  27-29
          pengelolaan Emiten atau Perusahaan Publik;           assessment when it comes to the Issuer or
                                                               Public Company’s management;
      2.   Pengawasan terhadap implementasi strategi        2. Supervision over the Issuer or Public Company’s        30
           Emiten atau Perusahaan Publik;                      strategy implementation;
      3.   Pandangan atas prospek usaha Emiten atau         3. Views on the Issuer or Public Company’s               31-32
           Perusahaan Publik yang disusun oleh Direksi;        business prospects prepared by the Board of
                                                               Directors;
      4.   Pandangan atas penerapan tata kelola Emiten      4. Views on the Issuer or Public Company’s                 -
           atau Perusahaan Publik;                             governance implementation;
      5.   Perubahan komposisi anggota Dewan Komisaris      5. Changes in the Board of Commissioners’                  -
           dan alasan perubahannya (jika ada); dan .           membership composition, and the reasons for
                                                               these changes (if available); and

 E    Profil Perusahaan                                     Company Profile
      Profil Emiten atau Perusahaan Publik paling sedikit   Profile of the Issuer or Public Company should
      memuat informasi:                                     cover at least:
      1. Nama Emiten atau Perusahaan Publik termasuk        1. Name of Issuer or Public Company, including         54-55; 57
          apabila terdapat perubahan nama, alasan               change of name, reason of change, and the
          perubahan, dan tanggal efektif perubahan nama         effective date of the change of name during the
          pada tahun buku;                                      fiscal year;
      2. Akses terhadap Emiten atau Perusahaan Publik       2. Access to Issuer or Public Company, including          54
          termasuk kantor cabang atau kantor perwakilan         branch office or representative office, where
          yang memungkinkan masyarakat dapat                    public can have access of information of the
          memperoleh informasi mengenai Emiten atau             Issuer or Public Company, which include:
          Perusahaan Publik, meliputi:
          a. Alamat;                                             a. Address;
          b. Nomor telepon;                                      b. Telephone number;
          c. Nomor faksimile;                                    c. Facsimile number;
          d. Alamat surat elektronik; dan                        d. E-Mail address; and
          e. Alamat situs web;                                   e. Website address;
      3. Riwayat singkat Emiten atau Perusahaan Publik;     3.   Brief history of the Issuer or Public Company;     55-56
      4. Visi dan misi Emiten atau Perusahaan Publik        4.   Vision and mission of the Issuer or Public          60
          serta budaya perusahaan (corporate culture)            Company and corporate culture;
          atau nilai-nilai perusahaan;
      5. Kegiatan usaha menurut anggaran dasar              5.   Line of business based on the latest Articles      61-65
          terakhir, kegiatan usaha yang dijalankan pada          of Association in the fiscal year, and types of
          tahun buku, serta jenis barang dan/atau jasa           products and/or services produced;
          yang dihasilkan;
      6. Wilayah operasional Emiten atau Perusahaan         6.   Operational area of the Issuer or Public           66-69
          Publik; wilayah operasional merupakan wilayah          Company; operational area is the area for the
          atau daerah pelaksanaan kegiatan operasional           implementation of operational activities or the
          atau jangkauan dari kegiatan operasional               range of the company’s operational activities;
          perusahaan;
      7. Struktur organisasi Emiten atau Perusahaan         7.   Organization structure of the Issuer or Public       70
          Publik dalam bentuk bagan, paling sedikit              Company in the form of a chart, at least up to
          sampai dengan struktur 1 (satu) tingkat di             the structure of 1 (one) level below the Board
          bawah Direksi termasuk komite di bawah                 of Directors including committees under the
          Direksi (jika ada) dan komite di bawah Dewan           Board of Directors (if any) and committees
          Komisaris, disertai dengan nama dan jabatan;           under the Board of Commissioners, along with
                                                                 their names and positions;
      8.   Daftar keanggotaan asosiasi industri baik        8.   List of industry association memberships on a       70-71
           dalam skala nasional maupun internasional             national and international scale related to the
           yang berkaitan dengan penerapan keuangan              implementation of sustainable finance;
           berkelanjutan;
      9.   Profil Direksi, paling sedikit memuat:           9.   Board of Directors profiles include:               84-91
           a. Nama dan jabatan yang sesuai dengan                a. Name and short description of duties and
               tugas dan tanggung jawab;                            functions;
           b. Foto terbaru;                                      b. Latest photograph;
           c. Usia;                                              c. Age;
           d. Kewarganegaraan;                                   d. Citizenship;
           e. Riwayat pendidikan dan/atau sertifikasi;           e. Education and certification;
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         f.   Riwayat jabatan, meliputi informasi:               f.   History position, covering information on:
              •    Dasar hukum pengangkatan sebagai                   •    Legal basis for appointment as member
                   anggota Direksi pada Emiten atau                        of the Board of Directors to the said
                   Perusahaan Publik yang bersangkutan;                    Issuer or Public Company;
              •    Rangkap jabatan, baik sebagai anggota              •    Concurrent positions, as member of
                   Direksi, anggota Dewan Komisaris, dan/                  the Board of Directors, member of
                   atau anggota komite serta jabatan                       the Board of Commissioners, and/
                   lainnya baik di dalam maupun di luar                    or member of committee, and other
                   Emiten atau Perusahaan Publik. Dalam                    positions both inside and outside the
                   hal anggota Direksi tidak memiliki                      Issuer or Public Company. If a member
                   rangkap jabatan, maka diungkapkan                       of the Board of Directors does not have
                   mengenai hal tersebut; dan                              any concurrent positions, this matter
              •    Pengalaman kerja beserta periode                        shall be disclosed; and
                   waktunya baik di dalam maupun di luar              •    Work experience and period in and
                   Emiten atau Perusahaan Publik;                          outside the Issuer or Public Company;
         g.   Hubungan afiliasi dengan anggota Direksi           g.   Disclosure of affiliation with other members
              lainnya, anggota Dewan Komisaris,                       of the Board of Directors, members of
              pemegang saham utama, dan pengendali                    the Board of Commissioners, and major
              baik langsung maupun tidak langsung                     shareholders either directly or indirectly to
              sampai kepada pemilik individu, meliputi                the individual owner, including name of the
              nama pihak yang terafiliasi. Dalam hal                  affiliated party. If a member of the Board
              anggota Direksi tidak memiliki hubungan                 of Directors has no affiliation, the Issuer or
              afiliasi, maka Emiten atau Perusahaan Publik            Public Company shall disclose this matter;
              mengungkapkan hal tersebut; dan                         and
         h.   Perubahan komposisi anggota Direksi dan            h.   Changes in the composition of the
              alasan perubahannya. Dalam hal tidak                    members of the Board of Directors and
              terdapat perubahan komposisi anggota                    the reasons for the changes. If there is no
              Direksi, maka diungkapkan mengenai hal                  change in the composition of the members
              tersebut;                                               of the Board of Directors, this matter shall
                                                                      be disclosed;

      10. Profil Dewan Komisaris, paling sedikit memuat:     10. Profile of the Board of Commissioners, at least        72-83
                                                                 containing:
         a.   Nama dan jabatan;                                  a. Name and position;
         b.   Foto terbaru;                                      b. Recent photograph;
         c.   Usia;                                              c. Age;
         d.   Kewarganegaraan;                                   d. Nationality;
         e.   Riwayat pendidikan dan/atau sertifikasi;           e. Education history and certification;
         f.   Riwayat jabatan, meliputi informasi:               f. Position history, including information on:
              •   Dasar hukum pengangkatan sebagai                   •    Legal basis for appointment as member
                  anggota Dewan Komisaris;                                of the Board of Commissioners;
              •   Dasar hukum pengangkatan pertama                   •    The legal basis for the first appointment
                  kali sebagai anggota Dewan Komisaris                    as a member of the Board of
                  yang merupakan komisaris independen                     Commissioners who is an independent
                  pada Emiten atau Perusahaan Publik                      commissioner of the Issuer or Public
                  yang bersangkutan;                                      Company;
              •   Rangkap jabatan, baik sebagai anggota              •    Concurrent positions, either as a
                  Dewan Komisaris, anggota Direksi, dan/                  member of the Board of Commissioners,
                  atau anggota komite serta jabatan                       member of the Board of Directors, and/
                  lainnya baik di dalam maupun di                         or committee member as well as other
                  luar Emiten atau Perusahaan Publik.                     positions both inside and outside the
                  Dalam hal anggota Dewan Komisaris                       Issuer or Public Company. If a member
                  tidak memiliki rangkap jabatan, maka                    of the Board of Commissioners does not
                  diungkapkan mengenai hal tersebut; dan                  have concurrent positions, the matter
                                                                          shall be disclosed; and
              •   Pengalaman kerja beserta periode                   •    Work experience and period of time
                  waktunya baik di dalam maupun di luar                   both inside and outside the Issuer or
                  Emiten atau Perusahaan Publik;                          Public Company;
         g.   Hubungan afiliasi dengan anggota Dewan             g. Affiliation with other members of the Board
              Komisaris lainnya, pemegang saham utama,               of Commissioners, major shareholders,
              dan pengendali baik langsung maupun tidak              and controllers either directly or indirectly
              langsung sampai kepada pemilik individu,               to individual owners, including names of
              meliputi nama pihak yang terafiliasi;                  affiliated parties; If the members of the
              Dalam hal anggota Dewan Komisaris tidak                Board of Commissioners have no affiliation,
              memiliki hubungan afiliasi, maka Emiten                the Issuer or Public Company shall disclose
              atau Perusahaan Publik mengungkapkan hal               this matter;
              tersebut;
         h.   Pernyataan independensi komisaris                  h.   Statement of independence of the
              independen dalam hal komisaris                          independent commissioner if the
              independen telah menjabat lebih dari 2                  independent commissioner has served
              (dua) periode; dan                                      more than 2 (two) terms; and
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         i.   Perubahan komposisi anggota Dewan              i.    Changes in the composition of the
              Komisaris dan alasan perubahannya.                   members of the Board of Commissioners
              Dalam hal tidak terdapat perubahan                   and the reasons for the changes. If there
              komposisi anggota Dewan Komisaris, maka              is no change in the composition of the
              diungkapkan mengenai hal tersebut;                   members of the Board of Commissioners,
                                                                   this matter shall be disclosed;                92-93
      11. Dalam hal terdapat perubahan susunan anggota    11. If there were changes in the composition of
          Direksi dan/atau anggota Dewan Komisaris yang       the Board of Commissioners and/or the Board
          terjadi setelah tahun buku berakhir sampai          of Directors occurring between the period
          dengan batas waktu penyampaian Laporan              after year-end until the date the Annual
          Tahunan, susunan yang dicantumkan dalam             Report submitted, the last and the previous
          Laporan Tahunan adalah susunan anggota              composition of the Board of Commissioners
          Direksi dan/atau anggota Dewan Komisaris yang       and/or the Board of Directors shall be stated in
          terakhir dan sebelumnya;                            the Annual Report;
      12. Jumlah karyawan menurut jenis kelamin,
          jabatan, usia, tingkat pendidikan, dan status   12. Total employees by gender, position, age,           94-95
          ketenagakerjaan (tetap/kontrak) dalam tahun         education level, and employment status
          buku; Pengungkapan informasi dapat disajikan        (permanent/contracted) in the fiscal year; the
          dalam bentuk tabel;                                 disclosure of information can be presented in
      13. Nama pemegang saham dan persentase                  table;
          kepemilikan pada awal dan akhir tahun buku,     13. Names of shareholders and ownership                  96
          yang terdiri dari informasi mengenai:               percentage at the end of the fiscal year,
          a. Pemegang saham yang memiliki 5% (lima            consisting of information regarding:
              persen) atau lebih saham Emiten atau            a. Shareholders having 5% (five percent) or
              Perusahaan Publik;                                  more shares of Issuer or Public Company;
          b. Anggota Direksi dan anggota Dewan
              Komisaris yang memiliki saham Emiten           b.   The Board of Commissioners and the Board
              atau Perusahaan Publik. Dalam hal seluruh           of Directors members who own shares
              anggota Direksi dan/atau seluruh anggota            of the Issuers or Public Company. If all
              Dewan Komisaris tidak memiliki saham,               members of the Board of Directors and/or
              maka diungkapkan mengenai hal tersebut;             all members of the Board of Commissioners
              dan                                                 do not own shares, this matter shall be
          c. Kelompok pemegang saham masyarakat,                  disclosed; and
              yaitu kelompok pemegang saham yang             c.   Groups of public shareholders, or groups of
              masing-masing memiliki kurang dari                  shareholders, each with less than 5% (five
              5% (lima persen) saham Emiten atau                  percent) ownership shares of the Issuer or
              Perusahaan Publik;                                  Public Company;

      14. Persentase kepemilikan tidak langsung atas      14. Percentage of indirect ownership of the Issuer       97
          saham Emiten atau Perusahaan Publik oleh            or Public Company shares by the Board of
          anggota Direksi dan anggota Dewan Komisaris         Directors and the Board of Commissioners
          pada awal dan akhir tahun buku, termasuk            members at the beginning and end of the fiscal
          informasi mengenai pemegang saham yang              year, including information on shareholders
          terdaftar dalam daftar pemegang saham               registered in the shareholder register for the
          untuk kepentingan kepemilikan tidak langsung        benefit of indirect ownership of the Board of
          anggota Direksi dan anggota Dewan Komisaris;        Directors and the Board of Commissioners
                                                              members;

         Dalam hal seluruh anggota Direksi dan/atau          If all members of the Board of Directors and/or
         seluruh anggota Dewan Komisaris tidak memiliki      all members of the Board of Commissioners do
         kepemilikan tidak langsung atas saham Emiten        not have indirect ownership of the shares of the
         atau Perusahaan Publik, maka diungkapkan            Issuer or Public Company, this matter shall be
         mengenai hal tersebut.                              disclosed.

      15. Jumlah pemegang saham dan persentase            15. Total shareholders and ownership percentage at       96
          kepemilikan per akhir tahun buku berdasarkan        the end of the fiscal year, based on:
          klasifikasi:
          a. Kepemilikan institusi lokal;                    a.   Ownership of local institutions;
          b. Kepemilikan institusi asing;                    b.   Ownership of foreign institutions;
          c. Kepemilikan individu lokal; dan                 c.   Ownership of local individual; and
          d. Kepemilikan individu asing;                     d.   Ownership of foreign individual;

      16. Informasi mengenai pemegang saham utama         16. Information on major shareholders and               98-99
          dan pengendali Emiten atau Perusahaan Publik,       controlling shareholders the Issuers of Public
          baik langsung maupun tidak langsung, sampai         Company, directly or indirectly, and also
          kepada pemilik individu, yang disajikan dalam       individual shareholder. The information is
          bentuk skema atau bagan;                            presented in scheme or diagram;
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      17. Nama entitas anak, perusahaan asosiasi,              17. Name of subsidiaries, associated companies,           100-105
          perusahaan ventura bersama dimana Emiten                 joint venture controlled by Issuers or Public
          atau Perusahaan Publik memiliki pengendalian             Company with entity (if any), percentage of
          bersama entitas (jika ada), beserta persentase           stock ownership, line of business, total assets
          kepemilikan saham, bidang usaha, total aset,             and operating status of the Issuers of Public
          dan status operasi entitas anak, perusahaan              Company, associates, joint ventures;
          asosiasi, perusahaan ventura bersama;

          Untuk entitas anak, ditambahkan informasi                For subsidiaries, the information on the
          mengenai alamat entitas anak tersebut.                   addresses of the subsidiaries is included;

      18. Kronologis pencatatan saham, jumlah saham,           18. Chronology of share listing, total of shares,           105
          nilai nominal, dan harga penawaran dari awal             nominal value, and offering price from
          pencatatan hingga akhir tahun buku serta                 the beginning of listing to the end of the
          nama bursa efek dimana saham Emiten atau                 fiscal year as well as the name of the stock
          Perusahaan Publik dicatatkan, termasuk                   exchange where the shares of the Issuer or
          pemecahan saham (stock split), penggabungan              Public Company are listed, including stock
          saham (reverse stock), dividen saham, saham              splits, reverse stock, dividends shares, bonus
          bonus, dan perubahan nilai nominal saham,                shares, and change in par value of shares,
          pelaksanaan efek konversi, pelaksanaan                   implementation of conversion effects,
          penambahan dan pengurangan modal (jika ada);             implementation of capital additions and
      19. Informasi pencatatan efek lainnya selain efek            subtractions (if any);
          sebagaimana dimaksud pada angka 18), yang            19. Other securities listing information other than         105
          belum jatuh tempo pada tahun buku paling sedikit         securities as referred to in point 18), which
          memuat nama efek, tahun penerbitan, tingkat              have not yet matured in the fiscal year at least
          suku bunga/imbal hasil, tanggal jatuh tempo, nilai       contain the name of the securities, year of
          penawaran, dan peringkat efek (jika ada);                issue, interest rate/yield, maturity date, offering
                                                                   value, and rating of securities (if any);

      20. Informasi penggunaan jasa akuntan publik             20. Information on the use of the services of a             106
          (AP) dan kantor akuntan publik (KAP) beserta             public accountant (AP) and a public accounting
          jaringan/asosiasi/aliansinya meliputi:                   firm (KAP) and their networks/associations/
          a. Nama dan alamat;                                      allies include:
          b. Periode penugasan;                                    a. Name and address;
          c. Informasi jasa audit dan/atau non audit               b. Assignment period;
               yang diberikan;                                     c. Information on audit and/or non-audit
          d. Biaya jasa (fee) audit dan/atau non audit                  services provided;
               untuk masing-masing penugasan yang                  d. Audit and non-audit fees for each
               diberikan selama tahun buku; dan                         assignment given during the fiscal year; and
          e. Dalam hal AP dan KAP beserta jaringan/                e. If AP and KAP and their network/
               asosiasi/aliansinya, yang ditunjuk tidak                 association/alliance, which are appointed
               memberikan jasa non audit, maka                          do not provide non-audit services, the
               diungkapkan mengenai informasi tersebut;                 information shall be disclosed; and
               dan
          Pengungkapan informasi penggunaan jasa AP                Disclosure of information on the use of AP and
          dan KAP beserta jaringan/asosiasi/aliansinya             KAP services and their networks/associations/
          dapat disajikan dalam bentuk tabel.                      allies is presented in table.
      21. Nama dan alamat lembaga dan/atau profesi             21. Name and address of capital market supporting           107
          penunjang pasar modal selain AP dan KAP.                 institutions and/or professions other than AP
                                                                   and KAP.

 F    Analisis dan Pembahasan Manajemen                        Management Discussion and Analysis                           108
      Analisis dan pembahasan manajemen memuat                 Management Analysis and Discussion Annual                  111-125
      analisis dan pembahasan mengenai laporan                 should contain discussion and analysis on financial
      keuangan dan informasi penting lainnya dengan            statements and other material information
      penekanan pada perubahan material yang terjadi           emphasizing material changes that occurred during
      dalam tahun buku, yaitu paling sedikit memuat:           the year under review, at least including:
      1. Tinjauan operasi per segmen usaha sesuai              1. Operational review per business segment,                111-125
          dengan jenis industri Emiten atau Perusahaan             according to the type of industry of the Issuer
          Publik, paling sedikit mengenai:                         or Public Company including:
          a. Produksi, yang meliputi proses, kapasitas,            a. Production, including process, capacity, and
               dan perkembangannya;                                    growth;
          b. Pendapatan/penjualan; dan                             b. Income/sales; and
          c. Profitabilitas;                                       c. Profitability;
      2. Kinerja keuangan komprehensif yang mencakup           2. Comprehensive financial performance analysis            126-131
          perbandingan kinerja keuangan dalam 2                    which includes a comparison between the
          (dua) tahun buku terakhir, penjelasan tentang            financial performance of the last 2 (two)
          penyebab adanya perubahan dan dampak                     fiscal years, and explanation on the causes
          perubahan tersebut, paling sedikit mengenai:             and effects of such changes, among others
          a. Aset lancar, aset tidak lancar, dan total aset;       concerning:
                                                                   a. Current assets, non-current assets, and
                                                                       total assets;
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           b.  Liabilitas jangka pendek, liabilitas jangka          b. Short term liabilities, long term liabilities,
               panjang, dan total liabilitas;                          total liabilities;
           c. Ekuitas;                                              c. Equity;
           d. Pendapatan/penjualan, beban, laba (rugi),             d. Sales/operating revenues, expenses and
               penghasilan komprehensif lain, dan total                profit (loss), other comprehensive revenues,
               laba (rugi) komprehensif; dan                           and total comprehensive profit (loss); and
           e. Arus kas;                                             e. Cash flows;
      3.   Kemampuan membayar utang atau kewajiban             3.   Capacity to pay debts by including the                132
           dengan menyajikan perhitungan rasio yang                 computation of relevant ratios;
           relevan;
      4.   Tingkat kolektibilitas piutang Emiten atau          4.   Account receivable collectability of the Issuer       132
           Perusahaan Publik dengan menyajikan                      or Public Company, including the computation
           perhitungan rasio yang relevan;                          of the relevant ratios;
      5.   Struktur modal (capital structure) dan kebijakan    5.   Capital structure and management policies             132
           manajemen atas struktur modal (capital                   concerning capital structure, including the
           structure) tersebut disertai dasar penentuan             basis for determining the said policy;
           kebijakan dimaksud;
      6.   Bahasan mengenai ikatan yang material untuk         6.   Discussion on material ties for the investment      133-134
           investasi barang modal dengan penjelasan                 of capital goods, including the explanation on
           paling sedikit memuat:                                   at least:
           a. Tujuan dari ikatan tersebut;                          a. The purpose of such ties;
           b. Sumber dana yang diharapkan untuk                     b. Source of funds expected to fulfill the said
               memenuhi ikatan tersebut;                                 ties;
           c. Mata uang yang menjadi denominasi; dan                c. Currency of denomination; and
           d. Langkah yang direncanakan Emiten atau                 d. Steps taken by the Issuer of Public
               Perusahaan Publik untuk melindungi risiko                 Company to protect the position of a
               dari posisi mata uang asing yang terkait;                 related foreign currency against risks;
      7.   Bahasan mengenai investasi barang modal yang        7.   Discussion on investment of capital goods           133-134
           direalisasikan dalam tahun buku terakhir, paling         which was realized in the last fiscal year, at
           sedikit memuat:                                          least include:
           a. Jenis investasi barang modal;                         a. Type of investment of capital goods;
           b. Tujuan investasi barang modal; dan                    b. Objective of the investment of capital
                                                                         goods; and
           c.  Nilai investasi barang modal yang                    c. Value of the investment of capital goods;
               dikeluarkan;
      8.   Informasi dan fakta material yang terjadi setelah   8.  Material Information and facts that occurring          134
           tanggal laporan akuntan (jika ada);                     after the date of the accountant’s report (if
                                                                   any);
      9.  Prospek usaha dari Emiten atau Perusahaan            9. Information on the prospects of the Issuer            135-136
          Publik dikaitkan dengan kondisi industri,                or the Public Company in connection with
          ekonomi secara umum dan pasar internasional              industry, economy in general, accompanied
          disertai data pendukung kuantitatif dari sumber          with supporting quantitative data if there is a
          data yang layak dipercaya;                               reliable data source;
      10. Perbandingan antara target/proyeksi pada             10. Comparison between target/projection at                135
          awal tahun buku dengan hasil yang dicapai                beginning of year and result (realization),
          (realisasi), mengenai:                                   concerning:
          a. Pendapatan/penjualan;                                 a. Income/sales
          b. Laba (rugi);                                          b. Profit (loss);
          c. Struktur modal (capital structure); atau              c. Capital structure; or
          d. Hal lainnya yang dianggap penting bagi                d. Others that deemed necessary for the
              Emiten atau Perusahaan Publik;                            Issuer or Public Company;
      11. Target/proyeksi yang ingin dicapai Emiten            11. Target/projection at most for the next one year         -
          atau Perusahaan Publik untuk 1 (satu) tahun              of the Issuer or Public Company, concerning:
          mendatang, mengenai:
          a. Pendapatan/penjualan;                                  a.Income/sales;
          b. Laba (rugi);                                           b.Profit (loss);
          c. Struktur modal (capital structure);                    c.Capital structure; or
          d. Kebijakan dividen; atau                                d.Dividend policy;
          e. Hal lainnya yang dianggap penting bagi                 e.Or others that deemed necessary for the
              Emiten atau Perusahaan Publik;                           Issuer or Public Company;
      12. Aspek pemasaran atas barang dan/atau jasa            12. Marketing aspects of the Company’s products           137-138
          Emiten atau Perusahaan Publik, paling sedikit            and/or services the Issuer or Public Company,
          mengenai strategi pemasaran dan pangsa                   among others marketing strategy and market
          pasar;                                                   share;
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      13. Uraian mengenai dividen selama 2 (dua) tahun       13. Description regarding the dividend policy            138-139
          buku terakhir, paling sedikit:                         during the last 2 (two) fiscal years, at least:
          a. Kebijakan dividen, antara lain memuat               a. Dividend policy, among others, containing
              informasi persentase jumlah dividen yang               information on the percentage of dividends
              dibagikan terhadap laba bersih;                        distributed to net income;
          b. Tanggal pembayaran dividen kas dan/atau             b. The date of the payment of cash dividend
              tanggal distribusi dividen non kas;                    and date of distribution of non-cash
                                                                     dividend;
         c.   Jumlah dividen per saham (kas dan/atau             c. Total of cash per share (cash and/or non
              non kas); dan                                          cash); and
         d.   Jumlah dividen per tahun yang dibayar;             d. Total of dividend per year paid;

          Pengungkapan informasi dapat disajikan dalam           Disclosure of information is presented in table.
          bentuk tabel. Dalam hal Emiten atau Perusahaan         If the Issuer or Public Company does not
          Publik tidak membagikan dividen dalam 2 (dua)          distribute dividends in the last 2 (two) years,
          tahun terakhir, maka diungkapkan mengenai hal          this matter shall be disclosed.
          tersebut.
      14. Realisasi penggunaan dana hasil penawaran          14. Use of proceeds from Public Offerings, under          140-141
          umum, dengan ketentuan:                                the condition of:
          a. Dalam hal selama tahun buku, Emiten                 a. During the fiscal year, on which the Issuer
              memiliki kewajiban menyampaikan                        has the obligation to report the realization
              laporan realisasi penggunaan dana, maka                of the use of proceeds, the realization of
              diungkapkan realisasi penggunaan dana                  the cumulative use of proceeds until the
              hasil penawaran umum secara kumulatif                  end of fiscal year should be disclosed; and
              sampai dengan akhir tahun buku; dan
          b. Dalam hal terdapat perubahan penggunaan             b.  If there were changes in the use of
              dana sebagaimana diatur dalam Peraturan                proceeds as stipulated in the Regulation
              Otoritas Jasa Keuangan mengenai laporan                of the Financial Services Authority on the
              realisasi penggunaan dana hasil penawaran              Report of the Utilization of Proceeds from
              umum, maka Emiten menjelaskan perubahan                Public Offering, Issuer should explain the
              tersebut;                                              changes;
      15. Informasi material (jika ada), antara lain         15. Material information (if any), among others           141-144
          mengenai investasi, ekspansi, divestasi,               concerning investment, expansion, divestment,
          penggabungan/peleburan usaha, akuisisi,                acquisition, debt/capital restructuring,
          restrukturisasi utang/modal, transaksi material,       transactions with related parties and
          transaksi afiliasi, dan transaksi benturan             transactions with conflict of interest that
          kepentingan, yang terjadi pada tahun buku,             occurred during the year under review, among
          paling sedikit memuat:                                 others include:
          a. Tanggal, nilai, dan objek transaksi;                a. Transaction date, value, and object;
          b. Nama pihak yang melakukan transaksi;                b. Name of transacting parties;
          c. Sifat hubungan afiliasi (jika ada);                 c. Nature of related parties (if any);
          d. Penjelasan mengenai kewajaran transaksi;            d. Description of the fairness of the
                                                                     transaction; and
         e.   Pemenuhan ketentuan terkait; dan                   e. Compliance with related rules and
                                                                     regulations;
         f.   Dalam hal terdapat hubungan afiliasi, selain       f. If there is an affiliation relationship, in
              mengungkapkan informasi sebagaimana                    addition to disclosing the information
              dimaksud dalam huruf a) sampai dengan                  as referred to in letter a) to letter e), the
              huruf e), Emiten atau Perusahaan Publik juga           Issuer or Public Company also discloses the
              mengungkapkan informasi:                               following information:
              •   Pernyataan Direksi bahwa transaksi                 •    Statement from the Board of Directors
                  afiliasi telah melalui prosedur yang                    that the affiliate transaction has gone
                  memadai untuk memastikan bahwa                          through adequate procedures to ensure
                  transaksi afiliasi dilaksanakan sesuai                  that the affiliate transaction is carried
                  dengan praktik bisnis yang berlaku                      out in accordance with generally
                  umum antara lain dilakukan dengan                       accepted business practices, among
                  memenuhi prinsip transaksi yang wajar                   others, by complying with the arms-
                  (arms-length principle); dan                            length principle; and
              •   Peran Dewan Komisaris dan komite                   •    Role of the Board of Commissioners
                  audit dalam melakukan prosedur yang                     and the audit committee in carrying out
                  memadai untuk memastikan bahwa                          adequate procedures to ensure that
                  transaksi afiliasi dilaksanakan sesuai                  affiliated transactions are carried out
                  dengan praktik bisnis yang berlaku                      in accordance with generally accepted
                  umum antara lain dilakukan dengan                       business practices, among others,
                  memenuhi prinsip transaksi yang wajar                   by complying with the arms-length
                  (arms-length principle)                                 principle
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         g.   Untuk transaksi afiliasi atau transaksi             g. For affiliated transactions or material
              material yang merupakan kegiatan usaha                 transactions which are business activities
              yang dijalankan dalam rangka menghasilkan              carried out in order to generate business
              pendapatan usaha dan dijalankan secara                 income and are carried out regularly,
              rutin, berulang, dan/atau berkelanjutan,               repeatedly, and/or continuously, an
              ditambahkan penjelasan bahwa transaksi                 explanation shall be disclosed that
              afiliasi atau transaksi material tersebut              the affiliated transactions or material
              merupakan kegiatan usaha yang dijalankan               transactions are business activities carried
              dalam rangka menghasilkan pendapatan                   out in order to generate operating income,
              usaha dan dijalankan secara rutin, berulang,           and those are run regularly, repeatedly,
              dan/atau berkelanjutan; Dalam hal transaksi            and/or continuously; If the affiliated
              afiliasi atau transaksi material dimaksud              transactions or material transactions in
              telah diungkapkan dalam laporan keuangan               question have been disclosed in the annual
              tahunan, ditambahkan informasi mengenai                financial statements, additional information
              rujukan pengungkapan dalam laporan                     regarding the disclosure reference in the
              keuangan tahunan tersebut.                             annual financial statements is added.
          h. Untuk pengungkapan transaksi afiliasi dan/          h. For disclosure of affiliated transactions and/
              atau transaksi benturan kepentingan yang               or conflict of interest transactions resulting
              merupakan hasil pelaksanaan transaksi                  from the implementation of affiliated
              afiliasi dan/atau transaksi benturan                   transactions and/or conflict of interest
              kepentingan yang telah disetujui pemegang              transactions that have been approved
              saham independen, ditambahkan informasi                by independent shareholders, additional
              mengenai tanggal pelaksanaan RUPS yang                 information regarding the date of the GMS
              menyetujui transaksi afiliasi dan/atau                 that approved the affiliated transactions
              transaksi benturan kepentingan tersebut;               and/or conflict of interest transactions is
          i. Dalam hal tidak terdapat transaksi afiliasi             disclosed;
              dan/atau transaksi benturan kepentingan,           i. If there is no affiliated transaction and/
              maka diungkapkan mengenai hal tersebut;                or conflict of interest transactions, such
      16. Perubahan ketentuan peraturan perundang-                   matters shall be disclosed;
          undangan yang berpengaruh signifikan terhadap      16. Changes in regulation which have a significant         144
          Emiten atau Perusahaan Publik dan dampaknya            effect on the Issuer or Public Company and
          terhadap laporan keuangan (jika ada); dan              impacts on the company (if any); and
      17. Perubahan kebijakan akuntansi, alasan dan          17. Changes in the accounting policy, rationale and      144-145
          dampaknya terhadap laporan keuangan (jika              impact on the financial statement (if any).
          ada).

G     Tata Kelola                                            Corporate Governance                                       146
      Tata kelola Emiten atau Perusahaan Publik paling       Corporate Governance of the Issuer or Public
      sedikit memuat uraian singkat mengenai:                Company contains at least:
      1. RUPS, paling sedikit memuat:                        1. GMS, at least contains:                                 149
          a. Informasi mengenai keputusan RUPS pada             a. Information regarding the resolutions of the
              tahun buku dan 1 (satu) tahun sebelum                 GMS in the fiscal year and 1 (one) year prior
              tahun buku meliputi:                                  to the fiscal year include:
              •   Keputusan RUPS pada tahun buku dan 1              •   GMS resolutions in the fiscal year and
                  (satu) tahun sebelum tahun buku yang                  1 (one) year before the fiscal year are
                  direalisasikan pada tahun buku; dan                   realized; and
              •   Keputusan RUPS pada tahun buku dan 1              •   GMS resolutions for the fiscal year and
                  (satu) tahun sebelum tahun buku yang                  1 (one) year prior to the fiscal year that
                  belum direalisasikan beserta alasan                   have not been realized and the reasons
                  belum direalisasikan;                                 for not being realized;
          b. Dalam hal Emiten atau Perusahaan Publik            b. If the Issuer or Public Company uses an
              menggunakan pihak independen dalam                    independent party in the implementation of
              pelaksanaan RUPS untuk melakukan                      the GMS to calculate the votes, this matter
              perhitungan suara, maka diungkapkan                   shall be disclosed;
              mengenai hal tersebut;
      2. Direksi, paling sedikit memuat:                     2.   Board of Directors, at least contains:              155-160;
          a. Tugas dan tanggung jawab masing-masing               a. Duties and responsibilities of each member        161-164
              anggota Direksi;                                       of the Board of Directors;
              Informasi mengenai tugas dan tanggung                  Information regarding the duties and
              jawab masing-masing anggota Direksi                    responsibilities of each member of the
              diuraikan dan dapat disajikan dalam bentuk             Board of Directors is described and can be
              tabel.                                                 presented in table.
          b. Pernyataan bahwa Direksi memiliki pedoman            b. Statement that the Board of Directors
              atau piagam (charter) Direksi                          has guidelines or charter for the Board of
                                                                     Directors
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           c.   Kebijakan dan pelaksanaan frekuensi rapat           c. Policies and implementation of the
                Direksi, rapat Direksi bersama Dewan                    frequency of meetings of the Board
                Komisaris, dan tingkat kehadiran anggota                of Directors, meetings of the Board of
                Direksi dalam rapat tersebut termasuk                   Directors with the Board of Commissioners,
                kehadiran dalam RUPS;                                   and the level of attendance of members
                                                                        of the Board of Directors in the meeting
                                                                        including attendance at the GMS;
                Informasi tingkat kehadiran anggota Direksi             Information on the level of attendance
                dalam rapat Direksi, rapat Direksi bersama              of members of the Board of Directors at
                Dewan Komisaris, atau RUPS dapat disajikan              the meeting of the Board of Directors, the
                dalam bentuk tabel.                                     meeting of the Board of Directors with the
                                                                        Board of Commissioners, or the GMS can be
                                                                        presented in table.
           d.   Pelatihan dan/atau peningkatan kompetensi           d. Training and/or competency improvement
                anggota Direksi:                                        of members of the Board of Directors:
                •   Kebijakan pelatihan dan/atau                        •   Policy on training and/or improving the
                    peningkatan kompetensi anggota                          competence of members of the Board
                    Direksi, termasuk program orientasi bagi                of Directors, including an orientation
                    anggota Direksi yang baru diangkat (jika                program for newly appointed members
                    ada); dan                                               of the Board of Directors (if any); and
                •   Pelatihan dan/atau peningkatan                      •   Training and/or competency
                    kompetensi yang diikuti anggota Direksi                 improvement attended by members of
                    dalam tahun buku (jika ada);                            the Board of Directors in the fiscal year
                                                                            (if any);
           e.   Penilaian Direksi terhadap kinerja komite           e. Board of Directors’ assessment of the
                yang mendukung pelaksanaan tugas Direksi                performance of the committees that
                pada tahun buku paling sedikit memuat:                  support the implementation of the duties
                                                                        of the Board of Directors in the fiscal year
                                                                        shall at least contain:
                •   Prosedur penilaian kinerja; dan                     •   Performance appraisal procedures; and
                •   Kriteria yang digunakan seperti capaian             •   Criteria used are performance
                    kinerja selama tahun buku, kompetensi                   achievements during the fiscal year,
                    dan kehadiran dalam rapat; dan                          competence and attendance at
                                                                            meetings; and
           f. Dalam hal Emiten atau Perusahaan Publik               f. If the Issuer or Public Company does
              tidak memiliki komite yang mendukung                      not have a committee that supports the
              pelaksanaan tugas Direksi, maka                           implementation of the duties of the Board
              diungkapkan mengenai hal tersebut.                        of Directors, this matter shall be disclosed.
      3.   Dewan Komisaris, paling sedikit memuat:             3.   The Board of Commissioners, at least contains:      150-154;
           a. Tugas dan tanggung jawab Dewan Komisaris;             a. Duties and responsibilities of the Board of      161-164;
           b. Pernyataan bahwa Dewan Komisaris                          Commissioners;                                  165-166
              memiliki pedoman atau piagam (charter)                b. Statement that the Board of Commissioners
              Dewan Komisaris;                                          has guidelines or charter for the Board of
                                                                        Commissioners;
           c.   Kebijakan dan pelaksanaan frekuensi rapat           c. Policies and implementation of the
                Dewan Komisaris, rapat Dewan Komisaris                  frequency of the Board of Commissioners
                bersama Direksi dan tingkat kehadiran                   meetings, the Board of Commissioners
                anggota Dewan Komisaris dalam rapat                     meeting with the Board of Directors and
                tersebut termasuk kehadiran dalam RUPS;                 the level of attendance of the Board of
                                                                        Commissioners members in such meetings
                                                                        including attendance at the GMS;

                Informasi tingkat kehadiran anggota Dewan                Information on the level of attendance of
                Komisaris dalam rapat Dewan Komisaris,                   the Board of Commissioners members
                rapat Dewan Komisaris bersama Direksi,                   at the Board of Commissioners meeting,
                atau RUPS dapat disajikan dalam bentuk                   the Board of Commissioners meeting with
                tabel.                                                   the Board of Directors, or the GMS can be
                                                                         presented in table.
           d.   Pelatihan dan/atau peningkatan kompetensi           d.   Training and/or competency improvement
                anggota Dewan Komisaris:                                 of members of the Board of Commissioners:
                •   Kebijakan pelatihan dan/atau                         •   Policy on training and/or improving
                    peningkatan kompetensi anggota Dewan                     the competence of the Board of
                    Komisaris, termasuk program orientasi                    Commissioners members, including
                    bagi anggota Dewan Komisaris yang                        orientation programs for newly
                    baru diangkat (jika ada); dan                            appointed members of the Board of
                                                                             Commissioners (if any); and
                •   Pelatihan dan/atau peningkatan                       •   Training and/or competency
                    kompetensi yang diikuti anggota Dewan                    improvement attended by the Board
                    Komisaris dalam tahun buku (jika ada);                   of Commissioners members during the
                                                                             fiscal year (if any);
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           e.   Penilaian kinerja Direksi dan Dewan                e.   Performance assessment of the Board of
                Komisaris serta masing-masing anggota                   Directors and the Board of Commissioners
                Direksi dan anggota Dewan Komisaris, paling             as well as each member of the Board of
                sedikit memuat:                                         Directors and the Board of Commissioners, at
                                                                        least containing:
                •   Prosedur pelaksanaan penilaian kinerja;             •    Procedures for implementing performance
                                                                             assessment;
                •   Kriteria yang digunakan seperti capaian             •    Criteria used are performance
                    kinerja selama tahun buku, kompetensi                    achievements during the fiscal year,
                    dan kehadiran dalam rapat; dan                           competence and attendance at meetings;
                                                                             and
                •   Pihak yang melakukan penilaian; dan                 •    The party conducting the assessment;
                                                                             and
           f.   Penilaian Dewan Komisaris terhadap kinerja         f. Assessment of the Board of Commissioners
                Komite yang mendukung pelaksanaan tugas                 on the performance of the Committees that
                Dewan Komisaris pada tahun buku meliputi:               support the implementation of the duties of
                                                                        the Board of Commissioners in the fiscal year
                •   Prosedur penilaian kinerja; dan                     includes:
                                                                        •    Performance assessment procedures; and
                • Kriteria yang digunakan seperti capaian               •    Criteria used are performance
                  kinerja selama tahun buku, kompetensi                      achievements during the fiscal year,
                  dan kehadiran dalam rapat;                                 competence and attendance at meetings;
      4.   Nominasi dan remunerasi Direksi dan Dewan          4.   Nomination and remuneration of the Board of            167-169
           Komisaris, paling sedikit memuat:                       Directors and the Board of Commissioners shall
                                                                   at least contain:
           a.   Prosedur nominasi, meliputi uraian singkat         a. Nomination procedure, including brief
                mengenai kebijakan dan proses nominasi                  description of the policy and nomination
                anggota Direksi dan/atau anggota Dewan                  process for the Board of Directors members
                Komisaris; dan                                          and/or the Board of Commissioners members;
                                                                        and
           b.   Prosedur dan pelaksanaan remunerasi                b. Procedures and implementation of
                Direksi dan Dewan Komisaris, antara lain:               remuneration for the Board of Directors and
                                                                        the Board of Commissioners, including:
                •   Prosedur penetapan remunerasi Direksi               •    Procedures for determining remuneration
                    dan Dewan Komisaris;                                     for the Board of Directors and the Board
                                                                             of Commissioners;
                •   Struktur remunerasi Direksi dan Dewan               •    Remuneration structure of the Board of
                    Komisaris seperti, gaji, tunjangan,                      Directors and the Board of Commissioners
                    tantiem/bonus dan lainnya; dan                           such as salary, allowances, tantiem/bonus
                                                                             and others; and
                •  Besarnya remunerasi masing-masing                    •    Total remuneration for each member of
                   anggota Direksi dan anggota Dewan                         the Board of Directors and the Board of
                   Komisaris;                                                Commissioners;
      5.   Dewan pengawas syariah, bagi Emiten atau           5.   Sharia supervisory board, for Issuer or Public            -
           Perusahaan Publik yang menjalankan kegiatan             Company that carries out business activities
           usaha berdasarkan prinsip syariah sebagaimana           based on sharia principles as stated in the
           tertuang dalam anggaran dasar, paling sedikit           articles of association, shall at least contain the
           memuat:                                                 following information:
           a. Nama;                                                a. Name;
           b. Dasar hukum pengangkatan dewan                       b. Legal basis for the appointment of the sharia
               pengawas syariah;                                        supervisory board;
           c. Periode penugasan dewan pengawas                     c. Period of assignment of the sharia
               syariah;                                                 supervisory board;
           d. Tugas dan tanggung jawab dewan pengawas              d. Duties and responsibilities of the sharia
               syariah; dan                                             supervisory board; and
           e. Frekuensi dan cara pemberian nasihat dan             e. Frequency and method of providing advice
               saran serta pengawasan pemenuhan prinsip                 and suggestions as well as supervising the
               syariah di pasar modal terhadap Emiten                   fulfillment of sharia principles in the capital
               atau Perusahaan Publik;                                  market to Issuer or Public Company;
      6.   Komite audit, paling sedikit memuat:               6.   The Audit Committee, at least contains the              170-177
                                                                   following information:
           a.   Nama dan jabatannya dalam keanggotaan              a. Name and position in the committee;
                komite;
           b.   Usia;                                              b.   Age;
           c.   Kewarganegaraan;                                   c.   Citizenship;
           d.   Riwayat pendidikan;                                d.   Education background;
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           e.   Riwayat jabatan, meliputi informasi:              e.   History of position; including:
                •   Dasar hukum penunjukan sebagai                     •   Legal basis for the appointment as
                    anggota komite;                                        member of the committee;
                •   Rangkap jabatan, baik sebagai anggota              •   Concurrent position, as member of Board
                    Dewan Komisaris, anggota Direksi, dan/                 of Commissioners, member of Board of
                    atau anggota komite serta jabatan                      Directors, and/or member of committee,
                    lainnya (jika ada); dan                                and other position (if any); and
                •   Pengalaman kerja beserta periode                   •   Work experience and period in and
                    waktunya baik di dalam maupun di luar                  outside the Issuer or Public Company;
                    Emiten atau Perusahaan Publik;
           f.   Periode dan masa jabatan anggota komite           f.  Period and terms of office of the member of
                audit;                                                Audit Committee;
           g.   Pernyataan independensi komite audit;             g. Statement of independence of the Audit
                                                                      Committee;
           h.   Pelatihan dan/atau peningkatan kompetensi         h. Training and/or competency improvement
                yang telah diikuti dalam tahun buku (jika             that have been followed in the fiscal year (if
                ada);                                                 any);
           i.   Kebijakan dan pelaksanaan frekuensi rapat         i. Policies and implementation of the
                komite audit dan tingkat kehadiran anggota            frequency of audit committee meetings and
                komite audit dalam rapat tersebut; dan                the level of attendance of audit committee
                                                                      members in those meetings; and
           j. Pelaksanaan kegiatan komite audit                   j. Implementation of the audit committee’s
              pada tahun buku sesuai dengan yang                      activities for the fiscal year in accordance
              dicantumkan dalam pedoman atau piagam                   with the guidelines or charter of the audit
              (charter) komite audit;                                 committee;
      7.   Komite atau fungsi nominasi dan remunerasi        7.   Nomination and remuneration committee or                 177-179
           Emiten atau Perusahaan Publik, paling sedikit          function of the Issuer or Public Company, at
           memuat:                                                least contains the following information:
           a. Nama dan jabatannya dalam keanggotaan               a. Name and position in committee
              komite;                                                 membership;
           b. Usia;                                               b. Age;
           c. Kewarganegaraan;                                    c. Nationality;
           d. Riwayat pendidikan;                                 d. Education background;
           e. Riwayat jabatan, meliputi informasi:                e. History of position, including information on:
              •   Dasar hukum penunjukan sebagai                      •   Legal basis for appointment as
                  anggota komite;                                         committee member;
              •   Rangkap jabatan, baik sebagai anggota               •   Concurrent positions, either as a
                  Dewan Komisaris, anggota Direksi, dan/                  member of the Board of Commissioners,
                  atau anggota komite serta jabatan                       member of the Board of Directors, and/or
                  lainnya (jika ada); dan                                 committee member and other positions
                                                                          (if any); and
                •   Pengalaman kerja beserta periode                  •   Work experience and period of time both
                    waktunya baik di dalam maupun di luar                 inside and outside the Issuer or Public
                    Emiten atau Perusahaan Publik;                        Company;
           f.   Periode dan masa jabatan anggota komite;          f. Period and term of office of the committee
                                                                      members;
           g. Pernyataan independensi komite;                     g. Statement of committee independence;
           h. Pelatihan dan/atau peningkatan kompetensi           h. Training and/or competency improvement
              yang telah diikuti dalam tahun buku (jika               that the committee members participated in
              ada);                                                   the fiscal year (if any);
           i. Uraian tugas dan tanggung jawab;                    i. Description of duties and responsibilities;
           j. Pernyataan bahwa telah memiliki pedoman             j. Statement that the committee members
              atau piagam (charter);                                  have a guideline or charter;
           k. Kebijakan dan pelaksanaan frekuensi rapat           k. Policies and implementation of the
              dan tingkat kehadiran anggota dalam rapat               frequency of meetings and the level of
              tersebut;                                               attendance of members at the meeting;
           l. Uraian singkat pelaksanaan kegiatan pada            l. Brief description of the implementation of
              tahun buku; dan                                         activities in the financial year; and
           m. Dalam hal tidak dibentuk komite                     m. If no nomination and remuneration
              nominasi dan remunerasi, Emiten atau                    committee is formed, the Issuer or Public
              Perusahaan Publik cukup mengungkapkan                   Company only discloses the information as
              informasi sebagaimana dimaksuddalam                     referred to in point i) to point l) and disclose:
              huruf i) sampai dengan huruf l) dan
              mengungkapkan:
              •   Alasan tidak dibentuknya komite; dan                 •   Reasons for not forming the committee;
                                                                           and
                •   Pihak yang melaksanakan fungsi                     •   Parties who carry out the nomination
                    nominasi dan remunerasi;                               and remuneration functions;
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      8.   Komite lain yang dimiliki Emiten atau Perusahaan 8.      Other committees by the Issuer or Public                 -
           Publik dalam rangka mendukung fungsi dan                 Company in order to support the functions and
           tugas Direksi (jika ada) dan/atau komite yang            duties of the Board of Directors (if any) and/
           mendukung fungsi dan tugas Dewan Komisaris,              or committees that support the functions and
           paling sedikit memuat:                                   duties of the Board of Commissioners, at least
                                                                    contain the following information:
           a.   Nama dan jabatannya dalam keanggotaan               a. Name and position in committee
                komite;                                                 membership;
           b.   Usia;                                               b. Age;
           c.   Kewarganegaraan;                                    c. Nationality;
           d.   Riwayat pendidikan;                                 d. Education background;
           e.   Riwayat jabatan, meliputi informasi:                e. history of position, including information on:
                •   Dasar hukum penunjukan sebagai                      •   Legal basis for appointment as
                    anggota komite;                                         committee member;
                •   Rangkap jabatan, baik sebagai anggota               •   Concurrent positions, either as a
                    Dewan Komisaris, anggota Direksi, dan/                  member of the Board of Commissioners,
                    atau anggota komite serta jabatan                       member of the Board of Directors, and/or
                    lainnya (jika ada); dan                                 committee member and other positions
                                                                            (if any); and
                •   Pengalaman kerja beserta periode                    •   Work experience and period of time both
                    waktunya baik di dalam maupun di luar                   inside and outside the Issuer or Public
                    Emiten atau Perusahaan Publik;                          Company;
           f.   Periode dan masa jabatan anggota komite;            f. Period and term of office of the committee
                                                                        members;
           g.   Pernyataan independensi komite;                     g. Statement of committee independence;
           h.   Pelatihan dan/atau peningkatan kompetensi           h. Training and/or competency improvement
                yang telah diikuti dalam tahun buku (jika               that the committee members participated in
                ada); dan                                               the fiscal year (if any); and
           i.   Uraian tugas dan tanggung jawab;                    i. Description of duties and responsibilities;
           j.   Pernyataan bahwa telah memiliki pedoman             j. Statement that the committee has guidelines
                atau piagam (charter) komite;                           or charters;
           k.   Kebijakan dan pelaksanaan frekuensi rapat           k. Policies and implementation of the
                komite dan tingkat kehadiran anggota                    frequency of committee meetings and the
                komite dalam rapat tersebut; dan                        level of attendance of committee members
                                                                        at the
           l. Uraian singkat pelaksanaan kegiatan komite            l. Brief description of the committee’s
               pada tahun buku;                                         activities for the fiscal year; meeting; and
      9.   Sekretaris perusahaan, paling sedikit memuat:       9.   Corporate Secretary, including:                       180-181
           a. Nama;                                                 a. Name;
           b. Domisili;                                             b. Domicile;
           c. Riwayat jabatan, meliputi:                            c. History of position, including
               •  Dasar hukum penunjukan sebagai                        •   Legal basis for the appointment as
                  sekretaris perusahaan; dan                                Corporate Secretary; and
               •  Pengalaman kerja beserta periode                      •   Work experience and period in and
                  waktunya baik di dalam maupun di luar                     outside the Issuer or Public Company;
                  Emiten atau Perusahaan Publik;
           d. Riwayat pendidikan;                                   d.  Education background;
           e. Pelatihan dan/atau peningkatan kompetensi             e.  Education and/or training during the fiscal
               yang diikuti dalam tahun buku; dan                       year; and
           f. Uraian singkat pelaksanaan tugas sekretaris          f. Brief description on the implementation of
               perusahaan pada tahun buku;                              duties of the Corporate Secretary in the
                                                                        fiscal year;
      10. Unit audit internal, paling sedikit memuat:          10. The Internal Audit Unit, at least contains the         182-186
                                                                   following information:
           a.   Nama kepala unit audit internal;                   a. Name of Head of Internal Audit Unit;
           b.   Riwayat jabatan, meliputi:                         b. History of position, including:
                •   Dasar hukum penunjukan sebagai kepala               •   Legal basis for the appointment as Head
                    unit audit internal; dan                                of Internal Audit Unit; and
                •   Pengalaman kerja beserta periode                    •   Work experience and period I and
                    waktunya baik di dalam maupun di luar                   outside the Issuer or Public Company;
                    Emiten atau Perusahaan Publik;
           c.   Kualifikasi atau sertifikasi sebagai profesi        c.   Qualification or certification as internal
                audit internal (jika ada);                               auditor (if any);
           d.   Pelatihan dan/atau peningkatan kompetensi           d.   Education and/or training during the fiscal
                yang diikuti dalam tahun buku;                           year;
           e.   Struktur dan kedudukan unit audit internal;         e.   Structure and position of Internal Audit Unit;
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         f.   Uraian tugas dan tanggung jawab;                   f.   Description of duties and responsibilities;
         g.   Pernyataan bahwa telah memiliki pedoman            g.   Statement that the Internal Audit Unit has
              atau piagam (charter) unit audit internal;              Internal Audit Unit charter; and
              dan
          h. Uraian singkat pelaksanaan tugas unit               h.   Brief description on the implementation of
              audit internal pada tahun buku termasuk                 duty of Internal Audit Unit during the fiscal
              kebijakan dan pelaksanaan frekuensi rapat               year;
              dengan Direksi, Dewan Komisaris, dan/atau
              komite audit;
      11. Uraian mengenai sistem pengendalian internal        11. Description on internal control system adopted       187-188
          (internal control) yang diterapkan oleh Emiten          by the Issuer or Public Company, at least
          atau Perusahaan Publik, paling sedikit memuat:          covering:
          a. Pengendalian keuangan dan operasional,               a. Financial and operational control, and
              serta kepatuhan terhadap peraturan                      compliance to the other prevailing rules; and
              perundang-undangan lainnya;
          b. Tinjauan atas efektivitas sistem                    b.   Review on the effectiveness of internal
              pengendalian internal; dan                              control systems;
          c. Pernyataan Direksi dan/atau Dewan                    c. Statement of the Board of Directors and/or
              Komisaris atas kecukupan sistem                         Board of Commissioners on the adequacy of
              pengendalian internal;                                  the internal control system;
      12. Sistem manajemen risiko yang diterapkan oleh        12. Risk management system implemented by the            189-197
          Emiten atau Perusahaan Publik, paling sedikit           Issuer or Public Company, at least includes:
          memuat:
          a. Gambaran umum mengenai sistem                       a.   General description about the company’s
              manajemen risiko Emiten atau Perusahaan                 risk management system the Issuer or Public
              Publik;                                                 Company;
          b. Jenis risiko dan cara pengelolaannya;                b. Types of risk and the management; and
          c. Tinjauan atas efektivitas sistem manajemen           c. Review the effectiveness of the risk
              risiko Emiten atau Perusahaan Publik; dan               management system applied by the Issuer or
                                                                      Public Company
         d.   Pernyataan Direksi dan/atau Dewan                   d. Statement of the Board of Directors and/
              Komisaris atau komite audit atas kecukupan              or the Board of Commissioners or the audit
              sistem manajemen risiko;                                committee on the adequacy of the risk
                                                                      management system;
      13. Perkara hukum yang berdampak material yang          13. Important cases faced by the Issuer or Public         198
          dihadapi oleh Emiten atau Perusahaan Publik,            Company, subsidiaries, current members of
          entitas anak, anggota Direksi dan anggota               the Board of Commissioners and the Board of
          Dewan Komisaris (jika ada), paling sedikit              Directors (if any), among others include:
          memuat:
          a. Pokok perkara/gugatan;                              a.   Substance of the case/claim;
          b. Status penyelesaian perkara/gugatan; dan            b.   Status of settlement of case/claim; and
          c. Pengaruhnya terhadap kondisi Emiten atau            c.   Potential impacts on the condition of the
              Perusahaan Publik;                                      Issuer or Public Company
      14. Informasi tentang sanksi administratif/sanksi       14. Information about administrative sanctions            198
          yang dikenakan kepada Emiten atau Perusahaan            imposed to Issuer or Public Company, members
          Publik, anggota Dewan Komisaris dan anggota             of the Board of Commissioners and the Board of
          Direksi, oleh Otoritas Jasa Keuangan dan                Directors, by the Capital Market Authority and
          otoritas lainnya pada tahun buku (jika ada);            other authorities during the last fiscal year (if
      15. Informasi mengenai kode etik Emiten atau                any);
          Perusahaan Publik meliputi:                         15. Information about codes of conduct of the Issuer    199-201
          a. Pokok-pokok kode etik;                               or Public Company, includes:
          b. Bentuk sosialisasi kode etik dan upaya               a. Key points of the code of conduct
              penegakannya; dan                                   b. Socialization of the code of conduct and
          c. Pernyataan bahwa kode etik berlaku bagi                  enforcement; and
              anggota Direksi, anggota Dewan Komisaris,           c. Statement that the code of conduct is
              dan karyawan Emiten atau Perusahaan                     applicable for the Board of Commissioners,
              Publik;                                                 the Board of Directors, and employees of the
      16. Uraian singkat mengenai kebijakan pemberian                 Issuer of Public Company;
          kompensasi jangka panjang berbasis kinerja          16. Brief description of the policy for providing         169
          kepada manajemen dan/atau karyawan yang                 long-term performance-based compensation
          dimiliki oleh Emiten atau Perusahaan Publik (jika       to management and/or employees owned by the
          ada), antara lain berupa program kepemilikan            Issuer or Public Company (if any), including the
          saham oleh manajemen (management                        management stock ownership program (MSOP)
          stock ownership program/MSOP) dan/atau                  and/or program share ownership by employees
          program kepemilikan saham oleh karyawan                 (employee stock ownership program/ESOP);
          (employee stock ownership program/ESOP);
          Dalam hal pemberian kompensasi berupa                  In terms of providing compensation through
          program kepemilikan saham oleh manajemen               management stock ownership program (MSOP)
          (management stock ownership program/MSOP)              and/or an employee stock ownership program
          dan/atau program kepemilikan saham oleh                (ESOP), the disclose of information must at least
          karyawan (employee stock ownership program/            contain:
          ESOP), informasi yang diungkapkan paling
          sedikit memuat:
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          a.  Jumlah saham dan/atau opsi;                        a.   Total shares and/or options;
          b.  Jangka waktu pelaksanaan;                          b.   Implementation period;
          c.  Persyaratan karyawan dan/atau manajemen            c.   Requirements for eligible employees and/or
              yang berhak; dan                                        management; and
          d. Harga pelaksanaan atau penentuan harga               d. Exercise price or determination of exercise
              pelaksanaan;                                            price;
      17. Uraian singkat mengenai kebijakan                   17. Brief description of the information disclosure     202-203
          pengungkapan informasi mengenai:                        policy regarding:
          a. Kepemilikan saham anggota Direksi dan                a. Share ownership of the Board of Directors
              anggota Dewan Komisaris paling lambat                   and the Board of Commissioners members
              3 (tiga) hari kerja setelah terjadinya                  is no later than 3 (three) working days after
              kepemilikan atau setiap perubahan                       the ownership or any change in ownership
              kepemilikan atas saham Perusahaan                       of shares of a Public Company; and
              Terbuka; dan                                        b. Implementation of the policy;
          b. Pelaksanaan atas kebijakan dimaksud;             18. Description of whistleblowing system at the           203
      18. Uraian mengenai sistem pelaporan pelanggaran            Issuer or Public Company (if any), among others
          (whistleblowing system) di Emiten atau                  include:
          Perusahaan Publik, paling sedikit memuat:
          a. Cara penyampaian laporan pelanggaran;               a.   Mechanism for violation reporting;
          b. Perlindungan bagi pelapor;                          b.   Protection for the whistleblower;
          c. Penanganan pengaduan;                               c.   Handling of violation reports;
          d. Pihak yang mengelola pengaduan; dan                 d.   Unit responsible for handling of violation
                                                                      report; and
          e.   Hasil dari penanganan pengaduan, paling           e.   Results from violation report handling, at
               sedikit:                                               least includes:
               •  Jumlah pengaduan yang masuk dan                     •   Total of complaints received and
                  diproses dalam tahun buku; dan                          processed during the fiscal year; and
               •  Tindak lanjut pengaduan;                            •   Follow up of complaints;

      19. Uraian mengenai kebijakan anti korupsi Emiten       19. Description of the anti-corruption policy of the      203
          atau Perusahaan Publik, paling sedikit memuat:          Issuer or Public Company, at least containing:
          a. Program dan prosedur yang dilakukan                  a. Programs and procedures implemented in
              dalam mengatasi praktik korupsi, balas jasa             overcoming corruption, kickbacks, fraud,
              (kickbacks), fraud, suap dan/atau gratifikasi           bribery and gratuities in Issuer or Public
              dalam Emiten atau Perusahaan Publik; dan                Company; and
          b. Pelatihan/sosialisasi anti korupsi kepada
              karyawan Emiten atau Perusahaan Publik;            b.   Anti-corruption training/socialization to
                                                                      employees of Issuer or Public Company;
      20. Penerapan atas pedoman tata kelola                  20. Implementation of the Guidelines of Corporate       204-207
          Perusahaan Terbuka bagi Emiten yang                     Governance for Public Company for Issuer
          menerbitkan efek bersifat ekuitas atau                  issuing Equity-based Securities or Public
          Perusahaan Publik, meliputi:                            Company, including:
          a. Pernyataan mengenai rekomendasi yang                 a. Statement regarding recommendation that
              telah dilaksanakan; dan/atau                            have been implemented; and/or
          b. Penjelasan atas rekomendasi yang belum               b. Description of recommendation that have
              dilaksanakan, disertai alasan dan alternatif            not been implemented, alon with the reason
              pelaksanaannya (jika ada;                               and alternatives of implementation (if any)

          Pengungkapan informasi dapat disajikan dalam           Disclosure of information is presented in table.
          bentuk tabel.

H     Tanggung Jawab Sosial dan Lingkungan Emiten             Social and Environmental Responsibility of Issuers        210
      atau Perusahaan Publik yang merupakan Laporan           or Public Companies that are Sustainability Reports
      Keberlanjutan (Sustainability Report) sebagaimana       as referred to in the Financial Services Authority
      dimaksud dalam Peraturan Otoritas Jasa Keuangan         Regulation No. 51/POJK.03/2017 concerning the
      Nomor 51/POJK.03/2017 tentang Penerapan                 Implementation of Sustainable Finance for Financial
      Keuangan Berkelanjutan bagi Lembaga Jasa                Services Institutions, Issuers, and Public Companies
      Keuangan, Emiten, dan Perusahaan Publik

 I    Laporan Keuangan Tahunan yang Telah Diaudit             Audited Annual Financial Report

 J    Surat Pernyataan Anggota Direksi dan Anggota            Statement Letter of the Board of Directors and           50-51
      Dewan Komisaris tentang Tanggung Jawab atas             the Board of Commissioners Members regarding
      Laporan Tahunan                                         Responsibility for the Annual Report
Page 344

          

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Names mentioned 266 people and organisations named in the text · linked when the evidence is strong

linked org Chandra Daya Investasi Tbk · 97 p.1 ×473
linked org Pemerintah Provinsi p.15 ×5
linked person Erry Riyana Hardjapamekas · Presiden Komisaris p.25 ×10
linked person Erwin Ciputra · Komisaris p.32 ×9
linked person Andre Khor Kah Hin · Komisaris p.32 ×10
linked person Fransiskus Ruly Aryawan · Presiden Direktur p.35 ×8
linked org Asian Development Bank p.45 ×2
linked person Jonathan Kandinata p.48 ×3
linked person Agus Lukmanul · Direktur p.50 ×6
linked org Pembangunan Jaya Ancol Tbk p.72 ×13
linked org PT ABM Investama p.73 ×3
linked org Indika Energy Tbk p.73 ×5
linked org Kabelindo Murni Tbk p.73 ×3
linked org Unilever Indonesia Tbk p.73 ×2
linked org Bukit Asam p.73 ×4
linked org PT Kreasi Jasa Persada p.75 ×7
linked org Barito Renewables Energy Tbk p.75 ×26
linked org Petrindo Jaya Kreasi Tbk p.75 ×17
linked org Raharja Energi Cepu Tbk p.89 ×11
linked org Star Energy Geothermal Salak Ltd. p.90 ×2
linked org Phoenix Power B.V. p.98
linked org PT Bank Mandiri p.153
possible org Otoritas Jasa Keuangan p.2 ×6
possible org Bursa Efek Indonesia p.3 ×10
possible org PT Chandra p.13 ×14
possible org PT Barito Pacific p.18 ×6
possible org Investasi Tbk p.24 ×4
possible org Chandra Asri Pacific Tbk p.38 ×53
possible org PT Marina p.42 ×2
possible person Lukman Hakim p.48
possible org Chandra Chandra Daya Investasi Tbk p.50 ×2
possible org Negara Republik Indonesia p.54 ×4
possible org Krakatau Steel p.56 ×2
possible person Toni Setioko p.71
possible org Timah Tbk p.73 ×8
possible org Petrosea Tbk p.75 ×8
possible person Satria p.84
possible person Merly · Direktur p.89
possible person Hin · Commissioner p.92
possible person Prajogo Pangestu p.98
possible — SCG Chemicals p.98
unresolved org Financial Services Authority p.2 ×13
unresolved org PT Chandra Daya p.3 ×6
unresolved org Indonesia Stock Exchange p.3 ×12
unresolved org PT Chandra Daya Investasi Chronology p.4
unresolved org PT Krakatau Posco Energy p.10 ×11
unresolved org Chandra Daya Invesasi Tbk p.12 ×2
unresolved org PT Barito Investa Prima p.13 ×11
unresolved org PT Chandra Investa Investa Prima p.13
unresolved org PT Chandra Cold Chain. p.13 ×6
unresolved org PT Krakatau Chandra Energi p.14 ×22
unresolved org PT Redeco Petrolin Utama p.15 ×10
unresolved org PT Redeco Petrolin Utama Penganugerahan Penghargaan p.15
unresolved org Pemerintah Provinsi Banten p.15 ×2
unresolved org Pemerintah Provinsi Banten Banten Provincial Government p.15
unresolved org Pemerintah Provinsi Banten Banten Provincial Government Penghargaan Perusahaan Nihil p.15
unresolved org PT Krakatau Tirta Industri p.15 ×10
unresolved org PT Krakatau Tirta Industri Keselamatan p.15
unresolved org PT Krakatau Daya Listrik p.16 ×4
unresolved org PT Sucofindo p.16 ×7
unresolved org PT Krakatau Tirta Industri Komite Akreditasi Nasional p.16
unresolved org PT SCG Barito Logistics Environmental Management System p.16
unresolved org User Guidelines Amtivo Group Limited p.16
unresolved org PT SCG Barito Logistics p.17 ×7
unresolved org PT SCG Barito Logistics Indonesian Ulema Council p.17
unresolved org Kementerian Ketenagakerjaan p.17
unresolved org Kementerian Perhubungan Ministry of Manpower p.17
unresolved org Ministry of Transportation p.17
unresolved org PT SCG Barito Logistics Menteri Perhubungan Republik Indonesia p.17
unresolved org Menteri Perhubungan Republik Indonesia p.17
unresolved org Menteri Perhubungan Republik Indonesia Minister of Transportation p.17
unresolved org Minister of Transportation p.17
unresolved — Lingga Widastri · Direktur p.18 ×2
unresolved — Alexander Ronny Moniaga · Wakil Direktur Utama p.18 ×2
unresolved — Salikim · Direktur p.18 ×2
unresolved — Paulus Iwan Setiawan · Direktur p.18 ×4
unresolved org PT Buana Primatama Niaga p.18 ×8
unresolved org PT Griya Idola. Akuisisi p.18
unresolved org PT Barito Investa Prima On p.18
unresolved org PT Griya Idola p.18 ×3
unresolved org PT Chandra Shipping International p.19 ×13
unresolved org PT Marina Indah Maritim p.20 ×13
unresolved org PT Chandra Warehouse Cilegon p.20 ×11
unresolved org PT Panca Puri Perkasa p.20 ×2
unresolved org Financial Reports Erry Riyana Hardjapamek · Presiden Komisaris p.25
unresolved org Pusat Statistik p.26 ×2
unresolved person Ade Supandi · Komisaris p.32 ×3
unresolved — Erry Riyana Hardjapamek · Presiden Komisaris p.33 ×2
unresolved org PT Chandra Investa Prima. p.34 ×8
unresolved org PT Chandra Investa Prima. This Langkah p.34
unresolved org Electricity Generating Public Company Limited p.39 ×32
unresolved org PT Chandra Investa Prima. Akuisisi p.40
unresolved org PT Chandra Investa Prima. This p.40
unresolved org PT Chandra Investa p.40 ×2
unresolved org PT Chandra Cold Cold Chain p.40
unresolved org PT Chandra Shipping p.41
unresolved org PT SCG Barito p.41
unresolved org PT Krakatau Chandra Surya p.41
unresolved org PT Redeco p.42 ×2
unresolved org PT Redeco Petrolin Utama Langkah p.42
unresolved org Pengelola Investasi p.44
unresolved org Daya Investasi Tbk p.50 ×8
unresolved org Minister of Law and Human Rights p.54 ×5
unresolved org Minister of Law and Human p.55
unresolved person Jose Jose Dima Satria · Notaris p.55 ×28
unresolved org Minister of Law p.55 ×10
unresolved org PT Chandra Investasi p.57
unresolved org PT Krakatau p.58 ×3
unresolved org PT Marina Indah p.58
unresolved org PT Cold Chain p.59
unresolved org PT SGC Barito Logistics p.65 ×2
unresolved org PT Krakatau Chandra Energi Perkumpulan Pusat Logistik Berikat p.70
unresolved org PT Redeco Petrolin Utama Persatuan Pengusaha Pelayaran Niaga p.70
unresolved org PT Chandra Shipping International Indonesian National Shipowners’ Association p.70
unresolved org PT Redeco Petrolin Utama Tank Companies p.70
unresolved — Independent Hardjapamek · Commissioner p.72
unresolved — Independent Hardjapamekas · President Commissioner p.72
unresolved org Menteri p.72 ×9
unresolved org Independent Commissioner Chandra Daya Investasi Tbk p.72 ×2
unresolved org PT Eigerindo Multi Produk Industri p.72 ×4
unresolved org Asri Petrochemical Tbk p.72 ×2
unresolved org Chandra Asri Petrochemical Tbk p.72 ×5
unresolved org PT Puri Dharmawangsa Raya Hotel p.72 ×4
unresolved org PT Lorax Indonesia p.72 ×4
unresolved org PT Trakindo Utama p.72 ×4
unresolved org PT Pasifik Satelit Nusantara p.72 ×4
unresolved org PT Maxpower Indonesia p.72 ×4
unresolved org PT Tirta Investama p.72 ×4
unresolved org Hero Supermarket Tbk p.72 ×10
unresolved org PT Pelindo II p.72 ×2
unresolved org PT MRT p.72 ×2
unresolved org PT Weda Bay Nickel p.73 ×2
unresolved org Bank BNI Tbk p.73 ×4
unresolved org Semen Cibinong Tbk p.73 ×8
unresolved org Audit Kabelindo Murni Tbk p.73
unresolved org PT Hero p.73
unresolved org Audit Supermarket Tbk p.73
unresolved org PT Kaltim Prima Coal p.73 ×2
unresolved org PT Pembangunan Jaya p.73
unresolved org Ancol Tbk p.73 ×2
unresolved org PT Unilever p.73
unresolved org Indonesia Tbk p.73
unresolved org PT Agrakom p.73 ×2
unresolved org Perencanaan Pembangunan Nasional p.73
unresolved org PT Tambang Batubara Bukit Asam p.73 ×2
unresolved org PT Tambang Batubara (Persero) p.73
unresolved org PT Alinfra p.73 ×2
unresolved person Erwin · Komisaris p.74
unresolved org Menteri Hukum dan Hak Asasi p.74 ×4
unresolved org PT Chandra Daya Warehouse p.74 ×8
unresolved org PT Chandra Trading Nusantara p.74 ×4
unresolved org PT Chandra Capital Indonesia p.74 ×4
unresolved org Chandra Asri Trading Company Pte. Ltd. p.74 ×14
unresolved org CAPGC Pte. Ltd. p.74 ×8
unresolved org Aster Asia Alpha Pte. Ltd. p.74 ×8
unresolved org Aster Power Pte. Ltd. p.74 ×8
unresolved org Terminals Pte. Ltd. p.74 ×8
unresolved org Aster Engineering Services Pte.Ltd. p.74 ×8
unresolved org Aster Polymer Solutions Pte. Ltd. p.75 ×8
unresolved org Chandra Asri Oil Gas Pte. Ltd. p.75 ×12
unresolved org PT Borneo Bangun Banua Bestari p.75 ×3
unresolved org PT Borneo Bangun Banua p.75 ×5
unresolved org PT Multi Tambangjaya Utama p.75 ×4
unresolved org PT Chandra Maritime International p.75 ×13
unresolved org PT Chandra Domestic Warehouse p.75 ×7
unresolved org PT Armada Maritim Persada p.75 ×4
unresolved org PT Prima Mineral Investindo p.75 ×4
unresolved org PT Green Natural Investama p.75 ×4
unresolved org PT Chandra Cilegon Port p.75 ×12
unresolved org PT Chandra Samudera Port p.75 ×12
unresolved org PT Chandra Asri Alkali p.75 ×12
unresolved org PT Chandra Pelabuhan Nusantara p.75 ×12
unresolved org PT Tamtama Perkasa p.75 ×4
unresolved org PT Mareta Persada p.75 ×4
unresolved org PT Pika Utama Resources p.75 ×4
unresolved org PT Bara International p.75 ×4
unresolved org PT Daya Bumindo Karunia p.75 ×4
unresolved org PT Equator Sumber Energi p.75 ×4
unresolved org PT Intam p.75 ×4
unresolved org Star Energy Group Holdings Pte. Ltd. p.75 ×4
unresolved org PT Chandra Asri Perkasa p.75 ×12
unresolved org PT Chandra Asri Port p.75 ×6
unresolved org PT Synthetic Rubber Indonesia p.75 ×6
unresolved org Altus Capital Pte. Ltd. p.75 ×2
unresolved org Chandra Asri Trading Trading Company Pte. Ltd. p.75
unresolved org Pte. Ltd. p.75
unresolved org PT Chandra Asri p.75 ×8
unresolved org PT Chandra Maritime p.76
unresolved org PT Chandra Domestic p.76
unresolved org Aster Mobility Solutions Pte. Ltd. p.77 ×4
unresolved org Chandra Asri Mobility Solutions Pte. Ltd. p.77 ×4
unresolved org Chandra Industrial Infra Pte. Ltd. p.77 ×8
unresolved org Chandra Bio Investment Pte. Ltd. p.78
unresolved org Chandra Asri Bio Investment Pte. Ltd. p.78 ×7
unresolved org PT Chandra Asri Capital Pte. Ltd p.78 ×8
unresolved org PT Chandra Asri Konsultasi p.78 ×4
unresolved person Thawat · Komisaris p.79 ×4
unresolved org Project Management Electricity Generating Public Company Ltd. p.80
unresolved org Generating Public Company Ltd. p.80 ×7
unresolved org Electricity Generating Public Company Company Ltd. p.80
unresolved org Electricity Electricity Generating Public Company Ltd. p.80
unresolved org TMB Bank Public Co., Ltd. p.80
unresolved org Electricity Generating Public Public Company Ltd. p.80
unresolved org Ltd. p.80 ×3
unresolved person Prasit · Komisaris p.81 ×4
unresolved person Ade · Komisaris p.82
unresolved person Notary Jose Dima Satria p.82 ×2
unresolved org PT Indotan p.83 ×4
unresolved org PT PAL p.83 ×2
unresolved — Ex-Officio · Commissioner p.83
unresolved person Fransiskus · Presiden Direktur p.84
unresolved org Marine Global Shipping Pte. Ltd. p.84 ×4
unresolved org PT Chandra Tirta Karian p.84 ×10
unresolved org PT Chandra Maritime Internasional p.84 ×2
unresolved org PT Chandra Shipping Internasional p.84 ×2
unresolved org PT Buana Laminar Pipe p.84 ×4
unresolved org PT Chandra Warehouse p.85
unresolved person Jonathan · Direktur p.86 ×3
unresolved org Blackcastle Pte. Ltd. p.86 ×4
unresolved org PT Styrindo Mono Indonesia p.86 ×3
unresolved org PT Styrindo Mono p.86
unresolved person Saksit · Direktur p.87 ×3
unresolved org PT Barito Renewables p.89
unresolved org Energy Tbk p.89
unresolved org PT UPC Sidrap Bayu Energi p.89 ×4
unresolved org PT Sukabumi Bayu Energi p.89 ×4
unresolved org PT Lombok Timur Bayu Energi p.89 ×4
unresolved org PT Barito Operation p.89 ×4
unresolved org PT Barito Wind Energy p.89 ×4
unresolved org PT Sidrap Bayu Energi Tahap Dua p.89 ×3
unresolved org PT Star Energy Geothermal Drilling Services p.90 ×4
unresolved org PT Star Energy Geothermal Indonesia p.90 ×4
unresolved org Darajat II Limited p.90
unresolved org Energy Geothermal Wayang Windu Limited p.90
unresolved org Wayang Windu Limited p.90
unresolved org PT Aneka Gas p.90 ×2
unresolved org PT Aneka Gas Industry p.90 ×2
unresolved org Sudjendro & Rekan p.90 ×2
unresolved org PT Sidrap Bayu Energi Phase Two p.90
unresolved person Notary S.H. p.91
unresolved org PT Wastewater Solution Indonesia p.91 ×4
unresolved org PT Chandra Environmental Solution p.91 ×4
unresolved org Pacific Tbk p.91
unresolved org PT Chandra Asri Asri p.91
unresolved org PT Chandra Asri Chandra Asri p.91
unresolved org PT Asri p.91
unresolved person Pholavit · Komisaris p.92
unresolved person Anawat · Komisaris p.92
unresolved person Hirancharukorn · Commissioner p.92
unresolved person Laohawirapap · Commissioner p.92
unresolved person Aryawan · President Director p.93 ×2
unresolved person Kandinata · Director p.93
unresolved person Hakim · Director p.93
unresolved person Suntharekanon · Director p.93
unresolved — Hardjapamek · Commissioner p.97
unresolved org Controlling Shareholders Electricity Generating Public Company Limited p.98
unresolved org Indonesia New Growth Plus B.V. p.98
unresolved person Edaran · Komisaris p.134
unresolved org Otoritas Jasa Keuangan Republik Indonesia p.143 ×2
unresolved person Keberadaan · Komisaris p.150
unresolved — BOD · BOD p.152
unresolved org Clarion Events Pte Ltd p.153
unresolved person Singapura · Commissioner p.153

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