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Asset transaction Needs review NIRO

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Page 1
PT City Retail Developments Tbk
dan entitas anaknya/and its subsidiaries

Informasi keuangan konsolidasian interim proforma yang tidak diaudit
tanggal 30 Juni 2026 dan untuk periode enam bulan
yang berakhir pada tanggal tersebut
beserta laporan asurans praktisi independen/
Unaudited pro forma interim consolidated financial information as of
June 30, 2026 and for the six-month period then ended
with independent practitioner’s assurance report
Page 2
                                                                                                     The original pro forma interim consolidated financial
                                                                                                                    statements included herein are in the
                                                                                                                                    Indonesian language.

       PT CITY RETAIL DEVELOPMENTS TBK                                                         PT CITY RETAIL DEVELOPMENTS TBK
             DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
  INFORMASI KEUANGAN KONSOLIDASIAN INTERIM                                                       UNAUDITED PRO FORMA INTERIM
         PROFORMA YANG TIDAK DIAUDIT                                                         CONSOLIDATED FINANCIAL INFORMATION
    TANGGAL 30 JUNI 2026 DAN UNTUK PERIODE                                                 AS OF JUNE 30, 2026 AND FOR THE SIX-MONTH
           ENAM BULAN YANG BERAKHIR                                                                   PERIOD THEN ENDED
            PADA TANGGAL TERSEBUT                                                              WITH INDEPENDENT PRACTITIONER’S
          BESERTA LAPORAN ASURANS                                                                     ASSURANCE REPORT
              PRAKTISI INDEPENDEN

                                   Daftar Isi                                                                  Table of Contents


                                                                               Halaman/
                                                                                Page

Surat Pernyataan Direksi                                                                                                     Directors’ Statements

Laporan Asurans Praktisi Independen                                                i-vi           Independent Practitioner’s Assurance Report

Laporan Posisi Keuangan Konsolidasian Interim.............                                ............... Unaudited Pro Forma Interim Consolidated
   Proforma yang Tidak Diaudit ......................................              1-3    ............................ Statement of Financial Position

Laporan Laba Rugi dan Penghasilan Komprehensif........                                    .... InterimUnaudited Pro Forma Interim Consolidated
   Lain Konsolidasian Interim Proforma yang .................                             .......................... tdStatement of Profit or Loss and
   Tidak Diaudit ...............................................................   4-5    .............................. Other Comprehensive Income

Catatan atas Informasi Keuangan Konsolidasian ............                                .................Notes to the Unaudited Pro Forma Interim
   Interim Proforma yang Tidak Diaudit ..........................                  6-23   .......................Consolidated Financial Information



                                                                          ********************
Page 3

          
Page 4

          
Page 5
                                                                      The original report included herein are in the Indonesian
                                                                                                                      language.

Laporan asurans praktisi independen atas                          Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                        the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit                               consolidated financial information

Laporan No.                00464/2.1505/JL.0/03/1963-             Report   No.        00464/2.1505/JL.0/03/1963-
2/1/IX/2026                                                       2/1/IX/2026


Pemegang Saham, Dewan Komisaris,                        dan       The Shareholders and the                     Boards       of
Direksi                                                           Commissioners and Directors
PT City Retail Developments Tbk                                   PT City Retail Developments Tbk

Kami telah menyelesaikan perikatan asurans kami                   We have completed our assurance engagement to
untuk melaporkan pengompilasian informasi                         report on the compilation of the accompanying
keuangan konsolidasian interim proforma yang                      unaudited interim pro forma consolidated financial
tidak diaudit PT City Retail Developments Tbk                     information of PT City Retail Developments Tbk
(“Perusahaan”) dan entitas anaknya (secara                        (the “Company”) and its subsidiaries (collectively
kolektif disebut sebagai “Grup”) terlampir yang                   referred to as the “Group”), which has been
disusun dan dikompilasi oleh manajemen                            prepared and compiled by the Company’s
perusahaan. Informasi keuangan konsolidasian                      management. The unaudited interim pro forma
interim proforma yang tidak diaudit terdiri dari                  consolidated financial information comprises the
laporan posisi keuangan konsolidasian interim                     unaudited interim pro forma consolidated
proforma yang tidak diaudit tanggal 30 Juni 2026,                 statement of financial position as of June 30,
serta laporan laba rugi dan penghasilan                           2026, and the unaudited interim pro forma
komprehensif lain konsolidasian interim proforma                  consolidated statement of profit or loss and other
yang tidak diaudit untuk periode enam bulan yang                  comprehensive income for the six-month period
berakhir pada tanggal tersebut dan catatan atas                   then ended, and the notes to the unaudited interim
informasi keuangan konsolidasian proforma                         pro forma consolidated financial information
interim yang tidak diaudit (secara kolektif disebut               (collectively referred to as the “Pro Forma
sebagai ”Informasi Keuangan Konsolidasian                         Consolidated     Financial   Information”).    The
Proforma”). Kriteria yang berlaku yang menjadi                    applicable criteria on which the Company’s
dasar manajemen Perusahaan untuk mengompilasi                     management has based the compilation of the
informasi    keuangan     konsolidasian     interim               unaudited interim pro forma consolidated financial
proforma yang tidak diaudit dijelaskan di dalam                   information are described in Note 3 to the
Catatan 3 atas informasi keuangan konsolidasian                   unaudited interim pro forma consolidated financial
interim proforma yang tidak diaudit.                              information.




  KAP Purwanto Susanti dan Surja
  Registered Public Accountants KMK No. 69/MK/SK/2025
                                                              i
  A member firm of Ernst & Young Global Limited
Page 6
                                                               The original report included herein are in the Indonesian
                                                                                                               language.

Laporan asurans praktisi independen atas                  Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit (lanjutan)            consolidated financial information (continued)

Laporan No. 00464/2.1505/JL.0/03/1963-                    Report   No.    00464/2.1505/JL.0/03/1963-
2/1/IX/2026 (lanjutan)                                    2/1/IX/2026 (continued)


Informasi    keuangan     konsolidasian    interim        The unaudited interim pro forma consolidated
proforma yang tidak diaudit telah disusun oleh            financial information has been prepared by
manajemen untuk mengilustrasikan dampak dari              management to illustrate the impact of the
rencana Perusahaan untuk menjual seluruh saham            Company's planned sale of all shares owned by the
yang dimiliki Grup atas PT Cella Management               Group in PT Cella Management Logistik, PT Cella
Logistik, PT Cella Argya Logistik, PT Cella Cakra         Argya Logistik, PT Cella Cakra Logistik, PT Cella
Logistik, PT Cella Emerald Logistik, PT Cella             Emerald Logistik, PT Cella Gemilang Logistik,
Gemilang Logistik, PT Bukit Inti Lestari,                 PT Bukit Inti Lestari, and PT CRE BIL Indonesia
dan PT CRE BIL Indonesia (secara kolektif disebut         (collectively referred to as the “Sales Objects”) to a
sebagai “Objek Penjualan”) kepada pihak ketiga,           third party, as described in Note 3 to the unaudited
sebagaimana dinyatakan dalam Catatan 3 atas               interim pro forma consolidated financial
informasi    keuangan     konsolidasian    interim        information, on the Group’s interim consolidated
proforma yang tidak diaudit terhadap laporan              statement of financial position as of June 30,
posisi keuangan konsolidasian interim Grup tanggal        2026, and the unaudited interim pro forma
30 Juni 2026, serta laporan laba rugi dan                 consolidated statement of profit or loss and other
penghasilan komprehensif lain konsolidasian               comprehensive income for the six-month period
interim proforma yang tidak diaudit untuk periode         then ended as if the transaction had occurred on
enam bulan yang berakhir pada tanggal tersebut            June 30, 2026.
seolah-olah transaksi tersebut telah terjadi pada
tanggal 30 Juni 2026.

Sebagai bagian dari proses ini, informasi mengenai        As part of this process, information relating to the
laporan posisi keuangan konsolidasian interim Grup        Group’s consolidated statement of financial
telah diekstrak oleh manajemen Perusahaan dari            position has been extracted by the Company’s
laporan keuangan konsolidasian interim Grup               management        from     the    Group’s    interim
tanggal 30 Juni 2026 dan untuk periode enam               consolidated     financial    statements    as     of
bulan yang berakhir pada tanggal tersebut, yang           June 30, 2026 and for the six-month period then
atasnya sebuah laporan reviu telah diterbitkan            ended, on which a review report had previously
sebelumnya.                                               been issued.

Tanggung jawab manajemen atas pengompilasian              Management’s responsibility for compilation of
informasi keuangan konsolidasian interim                  the unaudited pro forma interim consolidated
proforma yang tidak diaudit                               financial information

Manajemen Perusahaan bertanggung jawab atas               The Company’s management is responsible for the
penyusunan dan pengompilasian informasi                   preparation and compilation of the unaudited
keuangan konsolidasian interim proforma yang              interim pro forma consolidated financial
tidak diaudit sesuai dengan ketentuan yang berlaku        information in accordance with the applicable
yang dijelaskan di dalam Catatan 3 atas informasi         criteria described in Note 3 to the unaudited interim
keuangan konsolidasian interim proforma yang              pro forma consolidated financial information.
tidak diaudit.




                                                     ii
  A member firm of Ernst & Young Global Limited
Page 7
                                                                The original report included herein are in the Indonesian
                                                                                                                language.

Laporan asurans praktisi independen atas                   Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                 the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit (lanjutan)             consolidated financial information (continued)

Laporan No. 00464/2.1505/JL.0/03/1963-                     Report   No.    00464/2.1505/JL.0/03/1963-
2/1/IX/2026 (lanjutan)                                     2/1/IX/2026 (continued)


Independensi kami dan manajemen mutu                       Our independence and quality management

Kami telah mematuhi ketentuan independensi dan             We have complied with the independence and
ketentuan etika lainnya dalam Kode Etik Profesi            other ethical requirements of the Code of Ethics
Akuntan Publik yang ditetapkan oleh Institut               for Public Accountants issued by the Indonesian
Akuntan Publik Indonesia, yang didasarkan pada             Institute of Certified Public Accountants, which is
prinsip-prinsip     integritas,      objektivitas,         founded on fundamental principles of integrity,
kompetensi profesional dan kehati-hatian,                  objectivity, professional competence and due
kerahasiaan dan perilaku profesional.                      care, confidentiality and professional behavior.

Kantor Akuntan Publik (“KAP”) menerapkan                   The Public Accountant Firm (the “Firm”) applies a
Standar Manajemen Mutu 1 yang mengharuskan                 System of Quality Management 1 which requires
KAP untuk merancang, mengimplementasikan, dan              the Firm to design, implement and operate a
mengoperasikan      sistem   manajemen    mutu             system of quality management including policies or
termasuk kebijakan atau prosedur mengenai                  procedures regarding compliance with ethical
kepatuhan terhadap ketentuan etika, standar                requirements,      professional   standards   and
profesional, dan ketentuan peraturan perundang-            applicable legal and regulatory requirements.
undangan yang berlaku.

Tanggung jawab praktisi                                    Practitioner’s responsibilities

Tanggung jawab kami adalah untuk menyatakan                Our responsibility is to express an opinion about
suatu opini mengenai apakah informasi keuangan             whether the unaudited pro forma interim
konsolidasian interim proforma yang tidak diaudit          consolidated financial information has been
telah dikompilasi, dalam semua hal yang material,          compiled, in all material respects, by the
oleh manajemen Perusahaan berdasarkan kriteria             Company’s management on the basis of applicable
yang berlaku yang dijelaskan di dalam Catatan 3            criteria as described in Note 3 to the unaudited pro
atas informasi keuangan konsolidasian interim              forma interim consolidated financial information.
proforma yang tidak diaudit.

Kami melaksanakan perikatan asurans kami                   We conducted our assurance engagement in
berdasarkan Standar Perikatan Asurans 3420,                accordance with Indonesian Standard on Assurance
“Perikatan Asurans untuk Pelaporan atas                    Engagements        (ISAE)    3420,       “Assurance
Kompilasi Informasi Keuangan Proforma yang                 Engagements to Report on the Compilation of Pro
Tercantum dalam Prospektus” (“SPA 3420”) yang              Forma Financial Information Included in a
ditetapkan oleh Institut Akuntan Publik Indonesia.         Prospectus” (“ISAE 3420”), as issued by the
Standar tersebut mengharuskan kami untuk                   Indonesian     Institute  of     Certified    Public
mematuhi ketentuan etika serta merencanakan                Accountants. That standard requires us to comply
dan melaksanakan prosedur untuk memeroleh                  with ethical requirements and to plan and perform
keyakinan memadai tentang apakah manajemen                 procedures to obtain reasonable assurance as to
Perusahaan telah mengompilasi, dalam semua hal             whether the Company's management has
yang material, informasi keuangan konsolidasian            compiled, in all material respects, the unaudited
interim proforma yang tidak diaudit berdasarkan            interim pro forma consolidated financial
kriteria yang berlaku yang dijelaskan di dalam             information based on the applicable criteria
Catatan 3 atas informasi keuangan konsolidasian            described in Note 3 to the unaudited interim pro
interim proforma yang tidak diaudit.                       forma consolidated financial information.
                                                     iii
  A member firm of Ernst & Young Global Limited
Page 8
                                                                  The original report included herein are in the Indonesian
                                                                                                                  language.

Laporan asurans praktisi independen atas                     Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                   the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit (lanjutan)               consolidated financial information (continued)

Laporan No. 00464/2.1505/JL.0/03/1963-                       Report   No.    00464/2.1505/JL.0/03/1963-
2/1/IX/2026 (lanjutan)                                       2/1/IX/2026 (continued)


Tanggung jawab praktisi (lanjutan)                           Practitioner’s responsibilities (continued)

Standar tersebut mengharuskan kami untuk                     This standard requires us to comply with ethical
mematuhi ketentuan etika serta merencanakan                  requirements and to plan and perform procedures
dan melaksanakan prosedur untuk memeroleh                    to obtain reasonable assurance as to whether the
keyakinan memadai tentang apakah manajemen                   Company's management has compiled, in all
Perusahaan telah mengompilasi, dalam semua hal               material respects, the unaudited interim pro forma
yang material, informasi keuangan konsolidasian              consolidated financial information in accordance
interim proforma yang tidak diaudit sesuai dengan            with the applicable criteria described in Note 3 to
kriteria yang berlaku yang dijelaskan di dalam               the unaudited interim pro forma consolidated
Catatan 3 atas informasi keuangan konsolidasian              financial information. For the purposes of this
interim proforma yang tidak diaudit. Untuk tujuan            engagement, we are not responsible for updating
perikatan ini, kami tidak bertanggung jawab untuk            or reissuing any report or opinion on the historical
memutakhirkan atau menerbitkan kembali laporan               unaudited      interim    consolidated     financial
atau opini apapun atas informasi keuangan                    information used in compiling the Pro Forma
konsolidasian interim yang tidak diaudit historis            Consolidated Financial Information.
yang digunakan dalam mengompilasi Informasi
Keuangan Konsolidasian Proforma.

Tujuan     Informasi     Keuangan      Konsolidasian         The purpose of the unaudited interim Pro Forma
Proforma interim yang tidak diaudit adalah semata-           Consolidated Financial Information is solely to
mata untuk mengilustrasikan dampak peristiwa                 illustrate the impact of a significant event or
atau transaksi signifikan terhadap informasi                 transaction on the Group’s unadjusted historical
keuangan konsolidasian interim historis Grup yang            interim consolidated financial information, as if
belum disesuaikan seolah-olah peristiwa tersebut             such event had occurred or such transaction had
telah terjadi atau transaksi tersebut telah dilakukan        been undertaken at an earlier date selected for
pada suatu tanggal yang lebih awal yang telah                illustrative purposes. Accordingly, we do not
ditentukan untuk tujuan ilustrasi. Oleh karena itu,          provide any assurance that the actual outcome of
kami tidak memberikan keyakinan apapun bahwa                 the event or transaction would have been as
hasil aktual dari peristiwa atau transaksi akan              presented in the accompanying Pro Forma
seperti yang disajikan dalam Informasi Keuangan              Consolidated Financial Information.
Konsolidasian Proforma terlampir.




                                                        iv
  A member firm of Ernst & Young Global Limited
Page 9
                                                               The original report included herein are in the Indonesian
                                                                                                               language.

Laporan asurans praktisi independen atas                  Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit (lanjutan)            consolidated financial information (continued)

Laporan No. 00464/2.1505/JL.0/03/1963-                    Report   No.    00464/2.1505/JL.0/03/1963-
2/1/IX/2026 (lanjutan)                                    2/1/IX/2026 (continued)


Tanggung jawab praktisi (lanjutan)                        Practitioner’s responsibilities (continued)

Suatu perikatan yang memberikan keyakinan                 A reasonable assurance engagement to report on
memadai untuk melaporkan tentang apakah                   whether the unaudited interim Pro Forma
Informasi Keuangan Konsolidasian Proforma                 Consolidated Financial Information has been
interim yang tidak diaudit telah dikompilasi, dalam       compiled, in all material respects, in accordance
semua hal yang material, sesuai kriteria yang             with the applicable criteria involves performing
berlaku melibatkan pelaksanaan prosedur untuk             procedures to assess whether the criteria used by
menilai apakah kriteria yang digunakan oleh               the Company's management in compiling the
manajemen Perusahaan dalam mengompilasi                   unaudited interim Pro Forma Consolidated
Informasi Keuangan Konsolidasian Proforma                 Financial Information provide a reasonable basis
interim yang tidak diaudit menyediakan suatu basis        for presenting the significant effects that are
yang wajar untuk menyajikan dampak signifikan             directly attributable to the event or transaction,
yang dapat diatribusikan secara langsung terhadap         and to obtain sufficient appropriate evidence as to
peristiwa atau transaksi, dan untuk memeroleh             whether:
bukti yang cukup dan tepat mengenai apakah:

    Penyesuaian      proforma     yang    terkait             The related pro forma adjustments give
    memberikan dampak yang tepat pada kriteria                appropriate effect to those criteria; and
    tersebut; dan
    Informasi Keuangan Konsolidasian Proforma                 The unaudited interim Pro Forma Consolidated
    interim yang tidak diaudit mencerminkan                   Financial Information reflects the proper
    penerapan yang tepat dari penyesuaian                     application of those pro forma adjustments to
    proforma     tersebut   terhadap   informasi              the unadjusted interim consolidated financial
    keuangan konsolidasian interim yang belum                 information.
    disesuaikan.


Prosedur     yang    dipilih   bergantung     pada        The procedures selected depend on the
pertimbangan             praktisi,          dengan        practitioner’s judgment, having regard to the
mempertimbangkan pemahaman praktisi atas sifat            practitioner’s understanding of the nature of the
Perusahaan, peristiwa atau transaksi sehubungan           Company, the event or transaction in respect of
dengan dikompilasinya Informasi Keuangan                  which the unaudited interim Pro Forma
Konsolidasian Proforma interim yang tidak diaudit,        Consolidated Financial Information has been
dan kondisi perikatan yang relevan lainnya.               compiled, and other relevant engagement
                                                          circumstances.

Perikatan juga melibatkan pengevaluasian atas             The engagement also involved evaluating the
penyajian Informasi Keuangan Konsolidasian                overall presentation of the unaudited interim
Proforma interim yang tidak diaudit secara                Pro Forma Consolidated Financial Information.
keseluruhan.

Kami yakin bahwa bukti yang telah kami peroleh            We believe that the evidence we have obtained is
adalah cukup dan tepat untuk menyediakan suatu            sufficient and appropriate to provide a basis for our
basis bagi opini kami.                                    opinion.


                                                      v
  A member firm of Ernst & Young Global Limited
Page 10
                                                                            The original report included herein are in the Indonesian
                                                                                                                            language.

Laporan asurans praktisi independen atas                                Independent practitioner’s assurance report on
kompilasi informasi keuangan konsolidasian                              the compilation of unaudited pro forma interim
interim proforma yang tidak diaudit (lanjutan)                          consolidated financial information (continued)

Laporan No. 00464/2.1505/JL.0/03/1963-                                  Report   No.    00464/2.1505/JL.0/03/1963-
2/1/IX/2026 (lanjutan)                                                  2/1/IX/2026 (continued)


Opini                                                                   Opinion

Menurut opini kami, Informasi Keuangan                                  In our opinion, the unaudited interim Pro Forma
Konsolidasian Proforma interim yang tidak diaudit                       Consolidated Financial Information has been
telah dikompilasi, dalam semua hal yang material,                       compiled, in all material respects, on the basis of
berdasarkan kriteria yang berlaku yang dijelaskan                       the applicable criteria described in Note 3 to the
dalam Catatan 3 atas informasi keuangan                                 unaudited interim Pro Forma Consolidated
konsolidasian interim proforma yang tidak diaudit.                      Financial Information.

Hal lain                                                                Other matter

Laporan ini diterbitkan semata-mata hanya                               This report has been prepared solely in relation
sehubungan dengan rencana Grup untuk                                    with proposed plan of the Group to sell all
melakukan penjualan seluruh saham Objek                                 shares of Sales Objects as required under
Penjualan sebagaimana disyaratkan dalam                                 the Financial Services Authority Regulation
Peraturan     Otoritas    Jasa     Keuangan                             No.17/POJK.04/2020, dated on April 20, 2020
No.17/POJK.04/2020 tanggal 20 April 2020                                regarding the Material Transactions and Change of
tentang Transaksi Material dan Perubahan                                Business Activities in relation with Plan
Kegiatan Usaha sehubungan dengan Rencana                                Transaction, and is not intended to be, and should
Transaksi, serta tidak ditujukan, dan tidak                             not be, used for any other purposes.
diperkenankan, untuk digunakan untuk tujuan
lainnya.


                                                     KAP Purwanto Susanti dan Surja




                                             Edward Dharmadi, CPA
               Registrasi Akuntan Publik No. AP.1963/Public Accountant Registration No. AP.1963

                                                  21 September 2026/September 21, 2026




                                                                   vi
  A member firm of Ernst & Young Global Limited
Page 11
                                                                                                                                                                 The original unaudited pro forma interim consolidated financial information included herein are in the
                                                                                                                                                                                                                                                 Indonesian language.

                                  PT CITY RETAIL DEVELOPMENTS TBK                                                                                                                          PT CITY RETAIL DEVELOPMENTS TBK
                                         DAN ENTITAS ANAKNYA                                                                                                                                      AND ITS SUBSIDIARIES
                                      LAPORAN POSISI KEUANGAN                                                                                                                                UNAUDITED PRO FORMA INTERIM
                        KONSOLIDASIAN INTERIM PROFORMA YANG TIDAK DIAUDIT                                                                                                            CONSOLIDATED STATEMENT OF FINANCIAL POSITION
                                           Tanggal 30 Juni 2026                                                                                                                                      As of June 30, 2026
                             (Disajikan dalam Rupiah, kecuali dinyatakan lain)                                                                                                          (Expressed in Rupiah, unless otherwise stated)
                                          Saldo konsolidasian
                                             interim historis                                                              Saldo interim historis
                                              30 Juni 2026/                                                               30 Juni 2026 dari objek
                                          Interim consolidated                                                     penjualan (diaudit)/ Interim historical
                                           historical balances                                                      balances as of June 30, 2026 from
                                           as of June 30, 2026                                                          the sales objects (audited)
                                                                                                                                                                                                                                                     Saldo
                                             PT City Retail                                                                                                                                                                                      konsolidasian
                                           Development Tbk        PT Cella                                                                                                                                               Penyesuaian           interim proforma
                                          dan Entitas Anaknya/   Management                                                                                                                                                proforma             (tidak diaudit)/
                                             PT City Retail       Logistik/        PT Cella Argya     PT Cella Cakra          PT Cella Emerald        PT Cella Gemilang             PT Bukit Inti      PT CRE BIL       (tidak diaudit)/       Pro forma interim
                                           Developments Tbk       PT Cella            Logistik/          Logistik/                Logistik/               Logistik/                   Lestari/         Indonesia/          Pro forma             consolidated
                                                and its          Management        PT Cella Argya     PT Cella Cakra          PT Cella Emerald        PT Cella Gemilang             PT Bukit Inti      PT CRE BIL         adjustment                balance
                                              Subsidiaries         Logistik           Logistik           Logistik                 Logistik                Logistik                    Lestari           Indonesia         (unaudited)             (unaudited)

Aset                                                                                                                                                                                                                                                                                               Assets

Aset Lancar                                                                                                                                                                                                                                                                              Current Assets
Kas dan setara kas                          1.228.358.719.986      6.132.208.852     30.620.021.680     71.991.520.933           30.645.233.799              12.578.730.449          16.036.694.909     1.850.045.884   1.333.906.882.959 3a    2.392.411.146.439            Cash and cash equivalents
Piutang usaha - pihak ketiga - neto           155.828.657.583                  -        881.042.533      2.793.387.822              815.832.585               3.857.092.347           2.217.540.985                 -                   -         145.263.761.311   Trade receivables - third parties - net
Piutang lain-lain                                                                                                                                                                                                                                                                      Other receivables
    Pihak berelasi                                         -       4.992.287.399                  -                  -                        -                           -                       -                -        4.992.287.399 3b                   -                     Related parties
    Pihak ketiga                               2.782.692.999                   -         36.170.033         42.060.000               46.795.434                 101.671.322              33.748.157                -        1.442.552.025 3c       3.964.800.078                        Third parties
Persediaan                                    61.570.736.346                   -                  -                  -                        -                           -                       -                -                    -         61.570.736.346                               Inventories
Pajak dibayar di muka                        387.744.236.478       1.122.467.783      7.077.555.629     56.631.202.164           29.162.233.167               7.885.421.821          17.437.051.765          726.000                    -        268.427.578.149                            Prepaid taxes
Biaya dibayar di muka                         50.803.130.880         423.308.891        737.662.583      2.400.250.843            1.158.018.569                 285.477.262             441.037.395                -                    -         45.357.375.337                      Prepaid expenses
Uang muka                                      1.067.031.604                   -                  -                  -                        -                           -              28.709.590                -                    -          1.038.322.014                                Advances
Aset lancar lainnya                          420.018.503.150                   -                  -                  -                        -                           -                       -                -                    -        420.018.503.150                    Other current assets

Total Aset Lancar                           2.308.173.709.026     12.670.272.925     39.352.452.458    133.858.421.762           61.828.113.554              24.708.393.201          36.194.782.801     1.850.771.884   1.340.341.722.383       3.338.052.222.824                  Total Current Assets

Aset Tidak Lancar                                                                                                                                                                                                                                                                   Non-current Assets
Piutang lain-lain - pihak ketiga - neto       111.833.692.322                  -                  -                   -                       -                           -                       -                 -                  -          111.833.692.322     Other receivables - third party - net
Uang muka - neto                               67.559.359.119        243.900.000                  -                   -               8.899.598                           -                       -                 -                  -           67.306.559.521                         Advances - net
Aset tetap - neto                             287.439.745.777        185.762.154         13.569.217          27.355.436              12.916.477                  21.495.736              10.079.505                 -                  -          287.168.567.252                      Fixed assets - net
Properti investasi - neto                  10.722.346.182.470                  -    325.314.811.873   1.054.538.846.589         577.627.348.862              90.791.709.827         187.999.668.095                 -     48.842.819.881 3d     8.534.916.617.105             Investment properties - net
Aset hak guna - neto                            4.094.495.843      1.197.201.358                  -                   -                       -                           -                       -                 -                  -            2.897.294.485               Right-of-use-assets - net
Aset pajak tangguhan - neto                     3.701.534.205      3.620.633.158                  -                   -                       -                           -                       -                 -                  -               80.901.047               Deferred tax assets - net
Aset tak berwujud - neto                       11.682.095.163        206.858.022                  -                   -                       -                           -                       -                 -                  -           11.475.237.141                 Intangible assets - net
Biaya dibayar di muka - setelah                                                                                                                                                                                                                                                Prepaid expenses - net of
    dikurangi bagian lancar                   54.270.664.299                  -                   -                  -                        -                           -                       -                 -                   -         54.270.664.299                      current portion
Aset keuangan tidak lancar lainnya           754.775.242.780         93.400.000                   -        200.000.000            9.472.451.016               5.874.860.000              62.152.500                 -     (8.185.772.672) 3e     730.886.606.592      Other non-current financial assets
Aset tidak lancar lainnya                      8.296.392.407                  -      10.137.259.593                  -                        -                           -                       -                 -       8.185.772.672 3f       6.344.905.486                Other non-current assets

Total Aset Tidak Lancar                    12.025.999.404.385      5.547.754.692    335.465.640.683   1.054.766.202.025         587.121.615.953              96.688.065.563         188.071.900.100                 -     48.842.819.881        9.807.181.045.250             Total Non-current Assets

Total Aset                                 14.334.173.113.411     18.218.027.617    374.818.093.141   1.188.624.623.787         648.949.729.507          121.396.458.764            224.266.682.901     1.850.771.884   1.389.184.542.264      13.145.233.268.074                           Total Assets




        Catatan atas informasi keuangan konsolidasian interim proforma yang tidak diaudit terlampir merupakan bagian                                                          The accompanying notes to the unaudited pro forma interim consolidated financial information form an
       integral yang tidak terpisahkan dari informasi keuangan konsolidasian interim proforma yang tidak diaudit secara                                                               integral part of these unaudited pro forma interim consolidated financial information
                                                          keseluruhan.                                                                                                                                                  taken as a whole.

                                                                                                                                                     1
Page 12
                                                                                                                                                             The original unaudited pro forma interim consolidated financial information included herein are in the
                                                                                                                                                                                                                                             Indonesian language.

                           PT CITY RETAIL DEVELOPMENTS TBK                                                                                                                       PT CITY RETAIL DEVELOPMENTS TBK
                                  DAN ENTITAS ANAKNYA                                                                                                                                   AND ITS SUBSIDIARIES
                               LAPORAN POSISI KEUANGAN                                                                                                                             UNAUDITED PRO FORMA INTERIM
             KONSOLIDASIAN INTERIM PROFORMA YANG TIDAK DIAUDIT (lanjutan)                                                                                             CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued)
                                    Tanggal 30 Juni 2026                                                                                                                                   As of June 30, 2026
                      (Disajikan dalam Rupiah, kecuali dinyatakan lain)                                                                                                       (Expressed in Rupiah, unless otherwise stated)
                                    Saldo konsolidasian
                                       interim historis                                                                Saldo interim historis
                                        30 Juni 2026/                                                                 30 Juni 2026 dari objek
                                    Interim consolidated                                                       penjualan (diaudit)/ Interim historical
                                     historical balances                                                        balances as of June 30, 2026 from
                                     as of June 30, 2026                                                            the sales objects (audited)
                                                                                                                                                                                                                                                  Saldo
                                       PT City Retail                                                                                                                                                                                         konsolidasian
                                     Development Tbk        PT Cella                                                                                                                                                  Penyesuaian           interim proforma
                                    dan Entitas Anaknya/   Management                                                                                                                                                   proforma             (tidak diaudit)/
                                       PT City Retail       Logistik/        PT Cella Argya       PT Cella Cakra          PT Cella Emerald        PT Cella Gemilang             PT Bukit Inti       PT CRE BIL       (tidak diaudit)/       Pro forma interim
                                     Developments Tbk       PT Cella            Logistik/            Logistik/                Logistik/               Logistik/                   Lestari/          Indonesia/          Pro forma             consolidated
                                          and its          Management        PT Cella Argya       PT Cella Cakra          PT Cella Emerald        PT Cella Gemilang             PT Bukit Inti       PT CRE BIL         adjustment                balance
                                        Subsidiaries         Logistik           Logistik             Logistik                 Logistik                Logistik                    Lestari            Indonesia         (unaudited)             (unaudited)

Liabilitas dan Ekuitas                                                                                                                                                                                                                                                              Liabilities and Equity

Liabilitas                                                                                                                                                                                                                                                                                       Liabilities

Liabilitas Jangka Pendek                                                                                                                                                                                                                                                              Current Liabilities
Utang usaha - pihak ketiga               42.093.008.872                  -            348.896                      -            178.703.968                           -                  178.000                 -                      -      41.913.778.008                Trade payables - third parties
Utang lain-lain                                                                                                                                                                                                                                                                           Other payables
    Pihak berelasi                      47.474.142.307       1.442.552.025        726.230.365        2.321.111.896            1.258.376.847                233.380.484              453.187.807                 -       6.434.839.424 3g       47.474.142.307                           Related party
    Pihak ketiga                       531.716.008.217           3.438.455                  -                    -                        -                          -               65.705.000                 -                   -         531.646.864.762                            Third parties
Utang pajak                             21.519.554.003         632.824.811          1.653.729              399.527                6.338.239                    472.488                  288.942           125.000                   -          20.877.451.267                             Taxes payable
Biaya yang masih harus dibayar         199.675.039.009         441.674.427      2.117.389.862       25.796.338.403            7.728.725.501                534.262.149              882.633.932                 -                   -         162.174.014.735                          Accrued expenses
Liabilitas imbalan kerja karyawan                                                                                                                                                                                                                                                   Short-term employee
    jangka pendek                        23.623.462.942       297.576.176                     -                    -                        -                         -                         -                -                      -      23.325.886.766                         benefits liability
Bagian jangka pendek
    uang muka penjualan dan                                                                                                                                                                                                                                              Current portion of sales advances
    pendapatan diterima di muka        283.765.760.432                   -      8.502.233.012       15.745.431.783           19.692.680.696                           -                         -                -                      -     239.825.414.941                     and unearned revenues
Bagian lancar atas:                                                                                                                                                                                                                                                                   Current maturities of:
    Utang bank                        1.387.895.561.917                 -      14.798.094.012       22.782.634.969          309.436.410.515               4.732.005.436           8.160.328.897                  -                      -    1.027.986.088.088                              Bank loans
    Surat utang jangka menengah         749.744.983.902                 -                   -                    -                        -                           -                       -                  -                      -      749.744.983.902                     Medium term notes
    Liabilitas sewa                       2.262.763.660       698.617.345                   -                    -                        -                           -                       -                  -                      -        1.564.146.315                         Lease liabilities
Liabilitas jangka pendek lainnya         18.126.728.471                 -                   -                    -              477.865.809                           -             372.150.636                                         -       17.276.712.026                      Other current liabilities

Total Liabilitas Jangka Pendek        3.307.897.013.732      3.516.683.239     26.145.949.876       66.645.916.578          338.779.101.575               5.500.120.557           9.934.473.214           125.000       6.434.839.424        2.863.809.483.117                    Total Current Liabilities


Liabilitas Jangka Panjang                                                                                                                                                                                                                                                         Non-current Liabilities
Utang usaha - pihak ketiga                3.024.380.121                 -                   -                    -                          -                         -                       -                  -                      -        3.024.380.121               Trade payables - third parties
Utang lain-lain - pihak ketiga          520.077.081.014                 -                   -                    -                          -                         -                       -                  -                      -      520.077.081.014               Other payables - third parties
Liabilitas sewa                           1.807.957.579       386.736.896                   -                    -                          -                         -                       -                  -                      -        1.421.220.683                            Lease liabilities
Utang bank jangka panjang             5.623.745.249.760                 -     177.092.282.146      563.765.484.359                          -            62.753.452.282         110.767.172.977                  -                      -    4.709.366.857.996                      Long-term bank loans
Uang muka penjualan dan
    pendapatan diterima di muka -
    setelah dikurangi bagian                                                                                                                                                                                                                                     Sales advances and unearned revenues -
    jangka pendek                       34.699.002.382                   -                    -                  -                        -                           -                       -                  -                      -      34.699.002.382                   net of current portion
Uang jaminan sewa                      207.728.354.160                   -                    -      5.402.799.000            7.445.716.417                           -           3.662.692.759                  -                      -     191.217.145.984                           Security deposits
Liabilitas pajak tangguhan - neto       47.316.763.018                   -                    -                  -                        -                           -                       -                  -                      -      47.316.763.018                       Deferred tax liabilities
Liabilitas imbalan kerja karyawan                                                                                                                                                                                                                                                    Long-term employee
    jangka panjang                       37.385.057.521     14.834.313.619                    -                    -                      -                           -                       -                  -                      -      22.550.743.902                         benefits liability
Liabilitas jangka panjang lainnya        20.272.381.955                  -                    -                    -          1.147.407.405                           -           1.270.065.006                  -                      -      17.854.909.544                 Other non-current liabilities

Total Liabilitas Jangka Panjang       6.496.056.227.510     15.221.050.515    177.092.282.146      569.168.283.359            8.593.123.822              62.753.452.282         115.699.930.742                  -                      -    5.547.528.104.644               Total Non-current Liabilities

Total Liabilitas                      9.803.953.241.242     18.737.733.754    203.238.232.022      635.814.199.937          347.372.225.397              68.253.572.839         125.634.403.956           125.000       6.434.839.424        8.411.337.587.761                             Total Liabilities




     Catatan atas informasi keuangan konsolidasian interim proforma yang tidak diaudit terlampir merupakan bagian                                                         The accompanying notes to the unaudited pro forma interim consolidated financial information form an
    integral yang tidak terpisahkan dari informasi keuangan konsolidasian interim proforma yang tidak diaudit secara                                                              integral part of these unaudited pro forma interim consolidated financial information
                                                       keseluruhan.                                                                                                                                                 taken as a whole.

                                                                                                                                                 2
Page 13
                                                                                                                                                                 The original unaudited pro forma interim consolidated financial information included herein are in the
                                                                                                                                                                                                                                                 Indonesian language.

                          PT CITY RETAIL DEVELOPMENTS TBK                                                                                                                                PT CITY RETAIL DEVELOPMENTS TBK
                                 DAN ENTITAS ANAKNYA                                                                                                                                            AND ITS SUBSIDIARIES
                              LAPORAN POSISI KEUANGAN                                                                                                                                      UNAUDITED PRO FORMA INTERIM
            KONSOLIDASIAN INTERIM PROFORMA YANG TIDAK DIAUDIT (lanjutan)                                                                                                      CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued)
                                   Tanggal 30 Juni 2026                                                                                                                                            As of June 30, 2026
                     (Disajikan dalam Rupiah, kecuali dinyatakan lain)                                                                                                                (Expressed in Rupiah, unless otherwise stated)
                                    Saldo konsolidasian
                                       interim historis                                                                    Saldo interim historis
                                        30 Juni 2026/                                                                     30 Juni 2026 dari objek
                                    Interim consolidated                                                           penjualan (diaudit)/ Interim historical
                                     historical balances                                                            balances as of June 30, 2026 from
                                     as of June 30, 2026                                                                the sales objects (audited)
                                                                                                                                                                                                                                                       Saldo
                                       PT City Retail                                                                                                                                                                                              konsolidasian
                                     Developments Tbk        PT Cella                                                                                                                                                      Penyesuaian           interim proforma
                                    dan Entitas Anaknya/    Management                                                                                                                                                       proforma             (tidak diaudit)/
                                       PT City Retail        Logistik/          PT Cella Argya       PT Cella Cakra           PT Cella Emerald        PT Cella Gemilang              PT Bukit Inti       PT CRE BIL       (tidak diaudit)/       Pro forma interim
                                     Developments Tbk        PT Cella              Logistik/            Logistik/                 Logistik/               Logistik/                    Lestari/          Indonesia/          Pro forma             consolidated
                                          and its           Management          PT Cella Argya       PT Cella Cakra           PT Cella Emerald        PT Cella Gemilang              PT Bukit Inti       PT CRE BIL         adjustment                balance
                                        Subsidiaries          Logistik             Logistik             Logistik                  Logistik                Logistik                     Lestari            Indonesia         (unaudited)             (unaudited)


Liabilitas dan Ekuitas (lanjutan)                                                                                                                                                                                                                                        Liabilities and Equity (continued)

Ekuitas                                                                                                                                                                                                                                                                                               Equity

Ekuitas yang Dapat                                                                                                                                                                                                                                                                   Equity Attributable to
Diatribusikan kepada                                                                                                                                                                                                                                                                      the Owners of the
Pemilik Entitas Induk                                                                                                                                                                                                                                                                            Parent Entity
Modal saham - nilai nominal                                                                                                                                                                                                                                                 Share capital - Rp100 par value
    Rp100 per saham                                                                                                                                                                                                                                                                             per share
    Modal dasar -                                                                                                                                                                                                                                                                            Authorized -
    88.000.000.000 saham                                                                                                                                                                                                                                                        88,000,000,000 shares
    Modal ditempatkan dan                                                                                                                                                                                                                                                                     Issued and
    disetor penuh -                                                                                                                                                                                                                                                            fully paid share capital -
    22.198.871.804 saham              2.219.887.180.400      57.975.000.000      166.827.000.000      364.995.000.000           304.128.000.000              51.341.000.000          106.794.400.000      2.510.000.000   1.054.570.400.000 3h    2.219.887.180.400             22,198,871,804 shares
Tambahan modal disetor                   51.451.761.546                   -                    -      171.186.000.000                         -                           -                        -                  -     171.186.000.000 3h       51.451.761.546                Additional paid-in capital
                                                                                                                                                                                                                                                                                          Advance for future
Uang muka setoran modal                                -      2.500.000.000       21.000.000.000       64.400.000.000            39.800.000.000               5.000.000.000                          -                -    132.700.000.000 3h                        -             shares subscriptions
                                                                                                                                                                                                                                                                                Difference arising from
Selisih transaksi dengan                                                                                                                                                                                                                                                                    transactions with
    pihak nonpengendali                292.421.995.565                     -                     -                    -                         -                         -                          -                -                      -     292.421.995.565             non-controlling interests
Saldo laba                                                                                                                                                                                                                                                                                Retained earnings
    Dicadangkan                           1.000.000.000                    -                    -                    -                         -                          -                         -                 -                   -           1.000.000.000                        Appropriated
    Belum dicadangkan                  (957.404.864.478 )    (57.974.513.565)    (16.247.138.881)      (47.770.576.150)         (42.350.495.890)             (3.198.114.075)          (8.162.121.055)     (659.353.116)   (128.499.784.542) 3h     (909.542.336.288)                    Unappropriated
Penghasilan                                                                                                                                                                                                                                                                           Other comprehensive
    komprehensif lain                    (2.091.868.516)      (3.020.192.572)                    -                    -                         -                         -                          -                -     (2.276.150.466) 3h       (1.347.826.410)                              income

                                      1.605.264.204.517        (519.706.137)     171.579.861.119      552.810.423.850           301.577.504.110              53.142.885.925           98.632.278.945      1.850.646.884   1.227.680.464.992       1.653.870.774.813

Kepentingan                                                                                                                                                                                                                                                                                Non-controlling
   Nonpengendali                      2.924.955.667.652                    -                     -                    -                         -                         -                          -                -    155.069.237.848 3i     3.080.024.905.500                          Interests

Total Ekuitas                         4.530.219.872.169        (519.706.137)     171.579.861.119      552.810.423.850           301.577.504.110              53.142.885.925           98.632.278.945      1.850.646.884   1.382.749.702.840       4.733.895.680.313                             Total Equity

Total Liabilitas                                                                                                                                                                                                                                                                            Total Liabilities
   dan Ekuitas                       14.334.173.113.411      18.218.027.617      374.818.093.141     1.188.624.623.787          648.949.729.507          121.396.458.764             224.266.682.901      1.850.771.884   1.389.184.542.264      13.145.233.268.074                          and Equity




     Catatan atas informasi keuangan konsolidasian interim proforma yang tidak diaudit terlampir merupakan bagian                                                              The accompanying notes to the unaudited pro forma interim consolidated financial information form an
    integral yang tidak terpisahkan dari informasi keuangan konsolidasian interim proforma yang tidak diaudit secara                                                                   integral part of these unaudited pro forma interim consolidated financial information
                                                       keseluruhan.                                                                                                                                                      taken as a whole.

                                                                                                                                                     3
Page 14
                                                                                                                                                            The original unaudited pro forma interim consolidated financial information included herein are in the
                                                                                                                                                                                                                                            Indonesian language.

                                PT CITY RETAIL DEVELOPMENTS TBK                                                                                                            PT CITY RETAIL DEVELOPMENTS TBK
                                       DAN ENTITAS ANAKNYA                                                                                                                        AND ITS SUBSIDIARIES
                    LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN                                                                                   UNAUDITED PRO FORMA INTERIM CONSOLIDATED STATEMENT OF PROFIT OR
                      KONSOLIDASIAN INTERIM PROFORMA YANG TIDAK DIAUDIT                                                                                                LOSS AND OTHER COMPREHENSIVE INCOME
                         Untuk periode enam bulan yang berakhir pada tanggal                                                                                                  For the six-month period ended
                                             30 Juni 2026                                                                                                                              June 30, 2026
                           (Disajikan dalam Rupiah, kecuali dinyatakan lain)                                                                                           (Expressed in Rupiah, unless otherwise stated)

                                                                                                 Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2026/Six-Month Period Ended June 30, 2026

                                   Saldo konsolidasian
                                      interim historis
                                       30 Juni 2026/
                                   Interim consolidated
                                    historical balances
                                    as of June 30, 2026                                                                Objek Penjualan/ Sales Objects
                                                                                                                                                                                                                                                         Saldo
                                      PT City Retail                                                                                                                                                                                                 konsolidasian
                                    Developments Tbk        PT Cella                                                                                                                                                     Penyesuaian               interim proforma
                                   dan Entitas Anaknya/    Management                                                                                                                                                      proforma                 (tidak diaudit)/
                                      PT City Retail        Logistik/       PT Cella Argya            PT Cella Cakra          PT Cella Emerald      PT Cella Gemilang         PT Bukit Inti        PT CRE BIL           (tidak diaudit)/           Pro forma interim
                                    Developments Tbk        PT Cella           Logistik/                 Logistik/                Logistik/             Logistik/               Lestari/           Indonesia/              Pro forma                 consolidated
                                         and its           Management       PT Cella Argya            PT Cella Cakra          PT Cella Emerald      PT Cella Gemilang         PT Bukit Inti        PT CRE BIL             adjustment                    balance
                                       Subsidiaries          Logistik          Logistik                  Logistik                 Logistik              Logistik                Lestari             Indonesia             (unaudited)                 (unaudited)

Pendapatan dari kontrak                                                                                                                                                                                                                                                                Revenues from contracts
   dengan pelanggan                    817.770.696.013                  -                    -                         -                      -                     -                         -                 -                          -          817.770.696.013                       with customers
Beban pokok pendapatan                (398.801.579.661 )                -                    -                         -                      -                     -                         -                 -                          -         (398.801.579.661)                        Cost of revenues

Laba bruto                            418.969.116.352                   -                    -                         -                      -                     -                         -                 -                          -         418.969.116.352                                Gross profit

Beban penjualan                        (22.980.738.431)                 -                    -                         -                      -                     -                         -                 -                     -               (22.980.738.431)                        Selling expenses
Kerugian selisih kurs - neto          (112.181.416.692)                 -                    -                         -                      -                     -                         -                 -                     -              (112.181.416.692)                      Loss on forex - net
Beban umum dan administrasi           (141.054.351.128 )                -                    -                         -                      -                     -                         -                 -                     -              (141.054.351.128)     General and administrative expenses
Pendapatan lain-lain - neto             40.198.445.263                  -                    -                         -                      -                     -                         -                 -                     -                40.198.445.263                       Other income - net
Keuntungan atas divestasi                            -                  -                    -                         -                      -                     -                         -                 -       201.338.008.468 3j            201.338.008.468                      Gain on divestment

Laba usaha                            182.951.055.364                   -                    -                         -                      -                     -                         -                 -       201.338.008.468              384.289.063.832                           Operating profit

Pendapatan keuangan                     23.162.787.597                  -                    -                         -                      -                     -                         -                 -                          -           23.162.787.597                            Finance income
Beban keuangan                        (352.744.558.632 )                -                    -                         -                      -                     -                         -                 -                          -         (352.744.558.632)                             Finance costs

Laba/(rugi) sebelum
   beban pajak final dan                                                                                                                                                                                                                                                 Profit/(loss) before final tax expenses
   beban pajak penghasilan            (146.630.715.671 )                -                    -                         -                      -                     -                         -                 -       201.338.008.468               54.707.292.797                and income tax expense

Beban pajak final                      (73.165.353.291)                 -                    -                         -                      -                     -                         -                     -                          -      (73.165.353.291)                         Final tax expense

Laba/(rugi) sebelum                                                                                                                                                                                                                                                                        Profit/(loss) before
   beban pajak penghasilan            (219.796.068.962 )                -                    -                         -                      -                     -                         -                 -       201.338.008.468               (18.458.060.494)                 income tax expense

Beban pajak penghasilan                (17.790.348.702)                 -                    -                         -                      -                     -                         -                 -                          -          (17.790.348.702)                      Income tax expense

Laba/(rugi) periode berjalan          (237.586.417.664)                 -                    -                         -                      -                     -                         -                 -       201.338.008.468               (36.248.409.196)               Profit/(loss) for the period

Rugi komprehensif lain                                                                                                                                                                                                                                                                Other comprehensive loss
Pos yang akan direklasifikasi                                                                                                                                                                                                                                                      Item that will be reclassified
   ke laba rugi:                                                                                                                                                                                                                                                                             to profit or loss:
   Penyesuaian translasi                                                                                                                                                                                                                                                                     Foreign currency
       mata uang asing                 (19.481.157.064)                 -                    -                         -                      -                     -                         -                 -                          -          (19.481.157.064)              translation adjustment

Rugi komprehensif                                                                                                                                                                                                                                                                        Other comprehensive
   lain periode berjalan,                                                                                                                                                                                                                                                                      loss for the
   setelah pajak                       (19.481.157.064)                 -                    -                         -                      -                     -                         -                 -                          -          (19.481.157.064)                    period, net of tax

Total penghasilan (rugi)                                                                                                                                                                                                                                                                 Total comprehensive
   komprehensif periode berjalan      (257.067.574.728 )                -                    -                         -                      -                     -                         -                 -       201.338.008.468               (55.729.566.260)         income (loss) for the period




     Catatan atas informasi keuangan konsolidasian interim proforma yang tidak diaudit terlampir merupakan bagian                                                       The accompanying notes to the unaudited pro forma interim consolidated financial information form an
    integral yang tidak terpisahkan dari informasi keuangan konsolidasian interim proforma yang tidak diaudit secara                                                            integral part of these unaudited pro forma interim consolidated financial information
                                                       keseluruhan.                                                                                                                                               taken as a whole.

                                                                                                                                                   4
Page 15
                                                                                                                                                                   The original unaudited pro forma interim consolidated financial information included herein are in the
                                                                                                                                                                                                                                                   Indonesian language.

                             PT CITY RETAIL DEVELOPMENTS TBK                                                                                                                      PT CITY RETAIL DEVELOPMENTS TBK
                                 DAN ENTITAS ANAKNYA                                                                                                                                     AND ITS SUBSIDIARIES
               LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN                                                                                               UNAUDITED PRO FORMA INTERIM CONSOLIDATED STATEMENT OF PROFIT OR
             KONSOLIDASIAN INTERIM PROFORMA YANG TIDAK DIAUDIT (lanjutan)                                                                                                LOSS AND OTHER COMPREHENSIVE INCOME (continued)
                   Untuk periode enam bulan yang berakhir pada tanggal                                                                                                                For the six-month period ended
                                       30 Juni 2026                                                                                                                                            June 30, 2026
                     (Disajikan dalam Rupiah, kecuali dinyatakan lain)                                                                                                        (Expressed in Rupiah, unless otherwise stated)

                                                                                                        Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2026/Six-Month Period Ended June 30, 2026

                                          Saldo konsolidasian
                                             interim historis
                                              30 Juni 2026/
                                          Interim consolidated
                                           historical balances
                                           as of June 30, 2026                                                                Objek Penjualan/ Sales Objects
                                                                                                                                                                                                                                                     Saldo
                                             PT City Retail                                                                                                                                                                                      konsolidasian
                                           Developments Tbk        PT Cella                                                                                                                                                 Penyesuaian        interim proforma
                                          dan Entitas Anaknya/    Management                                                                                                                                                  proforma          (tidak diaudit)/
                                             PT City Retail        Logistik/       PT Cella Argya            PT Cella Cakra          PT Cella Emerald      PT Cella Gemilang         PT Bukit Inti        PT CRE BIL       (tidak diaudit)/    Pro forma interim
                                           Developments Tbk        PT Cella           Logistik/                 Logistik/                Logistik/             Logistik/               Lestari/           Indonesia/          Pro forma          consolidated
                                                and its           Management       PT Cella Argya            PT Cella Cakra          PT Cella Emerald      PT Cella Gemilang         PT Bukit Inti        PT CRE BIL         adjustment             balance
                                              Subsidiaries          Logistik          Logistik                  Logistik                 Logistik              Logistik                Lestari             Indonesia         (unaudited)          (unaudited)


Laba/(rugi) periode berjalan yang dapat                                                                                                                                                                                                                                     Profit/(loss) for the period
   diatribusikan kepada:                                                                                                                                                                                                                                                             attributable to:
   Pemilik entitas induk                      (93.861.357.354)                 -                    -                         -                      -                     -                         -                 -    47.862.528.188        (45.998.829.166)          Owners of the parent
   Kepentingan nonpengendali                 (143.725.060.310 )                -                    -                         -                      -                     -                         -                 -   153.475.480.280          9.750.419.970         Non-controlling interests

Total laba/(rugi) periode berjalan           (237.586.417.664 )                -                    -                         -                      -                     -                         -                 -   201.338.008.468        (36.248.409.196)   Total profit/(loss) for the period

Total penghasilan komprehensif                                                                                                                                                                                                                                           Total comprehensive income
    periode berjalan yang                                                                                                                                                                                                                                                          for the period
    dapat diatribusikan kepada:                                                                                                                                                                                                                                                   attributable to:
    Pemilik entitas induk                     (98.818.522.939)                 -                    -                         -                      -                     -                         -                 -    47.862.528.188        (50.955.994.751)          Owners of the parent
    Kepentingan nonpengendali                (158.249.051.789 )                -                    -                         -                      -                     -                         -                 -   153.475.480.280         (4.773.571.509)       Non-controlling interests

Total penghasilan komprehensif                                                                                                                                                                                                                                         Total comprehensive income
   periode berjalan                          (257.067.574.728 )                -                    -                         -                      -                     -                         -                 -   201.338.008.468        (55.729.566.260)               for the period

Laba/(rugi) per saham dasar                                                                                                                                                                                                                                          Basic earnings/(loss) per share
   yang dapat diatribusikan kepada:                                                                                                                                                                                                                                              attributable to:
   Pemilik entitas induk                                 (4,23)                -                    -                         -                      -                     -                         -                 -                2,16                (2,07)          Owner of the parent




     Catatan atas informasi keuangan konsolidasian interim proforma yang tidak diaudit terlampir merupakan bagian                                                              The accompanying notes to the unaudited pro forma interim consolidated financial information form an
    integral yang tidak terpisahkan dari informasi keuangan konsolidasian interim proforma yang tidak diaudit secara                                                                   integral part of these unaudited pro forma interim consolidated financial information
                                                       keseluruhan.                                                                                                                                                      taken as a whole.

                                                                                                                                                          5
Page 16
                                                               The original unaudited pro forma interim consolidated financial
                                                                                        information included herein are in the
                                                                                                        Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                           AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                   INTERIM CONSOLIDATED FINANCIAL
                YANG TIDAK DIAUDIT                                               INFORMATION
          Tanggal 30 Juni 2026 dan untuk                                    As of June 30, 2026 and
         periode enam bulan yang berakhir                                   for the six-month period
             pada tanggal 30 Juni 2026                                        ended June 30, 2026
              (Disajikan dalam Rupiah,                                       (Expressed in Rupiah,
               kecuali dinyatakan lain)                                     unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                         1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN RENCANA TRANSAKSI                                  TO   THE   IMPLEMENTATION  OF  THE
                                                                    TRANSACTION PLAN

     PT City Retail Developments Tbk (“Perusahaan”)                 PT City Retail Developments Tbk (the “Company”)

     PT Nirvana Development Tbk (“Perusahaan”)                      PT Nirvana Development Tbk (the “Company”) was
     didirikan berdasarkan Akta Notaris P. Sutrisno A.              established based on Notarial Deed No. 43 of
     Tampubolon, S.H., M.Kn., No. 43 tanggal                        P. Sutrisno A. Tampubolon, S.H., M.Kn., dated
     18 Desember 2003. Akta pendirian ini telah disahkan            December      18,     2003.   The     Deed      of
     oleh Menteri Kehakiman dan Hak Asasi Manusia                   establishment     had    been     approved      by
     Republik Indonesia dalam Surat Keputusan                       the Minister of Justice and Human Rights of the
     No. C-10765.HT.01.01.TH. 2004 tanggal 30 April                 Republic of Indonesia in its Decision Letter
     2004 dan diumumkan dalam Berita Negara Republik                No. C-10765.HT.01.01.TH. 2004 dated April 30,
     Indonesia No. 9848 tanggal 1 Oktober 2004,                     2004 and was published in the State Gazette of the
     Tambahan No. 79. Berdasarkan Akta Notaris                      Republic of Indonesia No. 9848 dated October 1,
     Humberg Lie, S.H., S.E M.Kn., No. 65 tanggal 14 Mei            2004, Supplement No. 79. Based on Notarial Deed
     2018, Perusahaan merubah nama dari PT Nirvana                  No. 65 of Humberg Lie, S.H., S.E M.Kn., dated
     Development Tbk menjadi PT City Retail                         May 14, 2018, the Company changed its name from
     Developments Tbk. Perubahan ini telah disetujui                PT Nirvana Development Tbk to PT City Retail
     oleh Menteri Hukum dan Hak Asasi Manusia                       Developments Tbk. This change has been approved
     Republik Indonesia dalam Surat Keputusan                       by the Minister of Law and Human Rights of the
     No. AHU-0010593.AH.01.02 Tahun 2018 tanggal                    Republic of Indonesia in its Decision Letter
     14 Mei 2018.                                                   No. AHU-0010593.AH.01.02 Tahun 2018 dated
                                                                    May 14, 2018.

     Pada tanggal 31 Agustus 2012, Perusahaan                       On August 31, 2012, the Company obtained the
     memperoleh pernyataan efektif dari Ketua Badan                 effective statement from the Chairman of the Capital
     Pengawas Pasar Modal dan Lembaga Keuangan                      Market and Financial Institution Supervisory Agency
     (“BAPEPAM-LK”) sekarang Otoritas Jasa Keuangan                 (“BAPEPAM-LK”), currently as Financial Services
     (“OJK”) dalam suratnya No. S-10537/BL/2012                     Authority (“OJK”) in its letter No. S-10537/BL/2012
     untuk melakukan penawaran umum perdana                         for the initial public offering of 6,000,000,000 shares
     6.000.000.000 saham Perusahaan dengan nilai                    of the Company with par value of Rp100 per share to
     nominal Rp100 per saham kepada masyarakat                      public with offering price at Rp105 per share and
     dengan harga penawaran sebesar Rp105 per saham                 simultaneously the issuance of 4,200,000,000
     dan disertai dengan 4.200.000.000 Waran I yang                 Warrants I accompanying the new shares issued,
     melekat pada saham yang dikeluarkan dan diberikan              which were granted free as an incentive for the
     secara cuma-cuma sebagai insentif bagi pemegang                shareholders at an exercise price of Rp110 which is
     saham dengan harga pelaksanaan waran Rp110                     effective starting on March 13, 2013, up to
     yang mulai berlaku mulai tanggal 13 Maret 2013                 September 11, 2015. These shares were listed on
     sampai dengan 11 September 2015. Pada tanggal                  the Indonesia Stock Exchange on September 13,
     13 September 2012, saham tersebut telah dicatatkan             2012.
     pada Bursa Efek Indonesia.

     Anggaran Dasar Perusahaan telah mengalami                      The      Company’s    Articles    of   Association
     beberapa kali perubahan, terakhir dengan                       has     been  amended       several  times,    the
     Akta Notaris Yulia, S.H. No. 109 tanggal                       latest amended was covered by Notarial Deed of
     24 September 2020 mengenai perubahan anggaran                  Yulia, S.H. No. 109 dated September 24, 2020,
     dasar terkait maksud, tujuan dan kegiatan usaha                concerning the amendment of the Company’s
     Perusahaan. Perubahan ini telah disetujui oleh                 purposes, objectives and business activities. This
     Menteri Hukum dan Hak Asasi Manusia                            amendment has been approved by the Minister of
     Republik Indonesia dalam Surat Keputusan                       Law       and    Human        Rights    of     the
     No. AHU- 0070797.AH.01.02.Tahun 2020 tanggal                   Republic of Indonesia in its Decision Letter
     15 Oktober 2020.                                               No. AHU-0070797.AH.01.02.Tahun 2020 dated
                                                                    October 15, 2020.

                                                           6
Page 17
                                                                    The original unaudited pro forma interim consolidated financial
                                                                                             information included herein are in the
                                                                                                             Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                       PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                       NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                          INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                           INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                            As of June 30, 2026 and
         periode enam bulan yang berakhir                                          for the six-month period
             pada tanggal 30 Juni 2026                                                ended June 30, 2026
              (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
               kecuali dinyatakan lain)                                            unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                              1.     GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                    TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                            TRANSACTION PLAN (continued)

     PT City Retail Developments Tbk (“Perusahaan”)                        PT City Retail Developments Tbk (the “Company”)
     (lanjutan)                                                            (continued)

     Berdasarkan Pasal 3 Anggaran Dasar Perusahaan,                        As stated in Article 3 of the Company’s Articles of
     ruang lingkup kegiatan Perusahaan bergerak dalam                      Association, the scope of its activities comprises
     bidang     pembangunan,     jasa,  perdagangan,                       construction, service, trading, industry and
     perindustrian dan investasi. Kegiatan usaha                           investment. The Company, through its subsidiaries,
     Perusahaan, melalui entitas anaknya, bergerak                         is engaged in building construction, rental, shopping
     dalam     bidang    pembangunan,     penyewaan,                       malls and hotel’s management.
     pengelolaan atas pusat perbelanjaan dan
     pengelolaan hotel.

     Perusahaan berdomisili di Jakarta dan berlokasi di                    The Company is domiciled in Jakarta and located in
     Menara Jamsostek lantai 8, Jalan Gatot Subroto                        Menara Jamsostek, 8th floor, Jalan Gatot Subroto
     Kav. 38, Jakarta Selatan, dan entitas-entitas anak                    Kav. 38, South Jakarta, and its subsidiaries are
     berdomisili di beberapa lokasi antara lain, Jakarta,                  domiciled in several locations, among others,
     Bandar Lampung, Bandung, Bekasi, Bengkulu,                            Jakarta, Bandar Lampung, Bandung, Bekasi,
     Binjai, Bogor, Bojonegoro, Bondowoso, Bontang,                        Bengkulu, Binjai, Bogor, Bojonegoro, Bondowoso,
     Cianjur, Cikarang, Cilacap, Cilegon, Cirebon,                         Bontang, Cianjur, Cikarang, Cilacap, Cilegon,
     Denpasar, Depok, Dumai, Garut, Gorontalo,                             Cirebon, Denpasar, Depok, Dumai, Garut,
     Indramayu, Kapuas, Kendari, Ketapang, Medan,                          Gorontalo, Indramayu, Kapuas, Kendari, Ketapang,
     Palangkaraya, Palu, Pangkal Pinang, Pangkalan                         Medan, Palangkaraya, Palu, Pangkal Pinang,
     Bun, Prabumulih, Purwakarta, Sampit, Semarang,                        Pangkalan Bun, Prabumulih, Purwakarta, Sampit,
     Singapura, Solo, Sorong, Sukabumi, Sukoharjo,                         Semarang, Singapura, Solo, Sorong, Sukabumi,
     Tangerang, Tanjung Pinang, Tasikmalaya, Tuban,                        Sukoharjo,     Tangerang,     Tanjung      Pinang,
     dan Yogyakarta. Perusahaan mulai beroperasi                           Tasikmalaya, Tuban, and Yogyakarta. The
     komersial pada tahun 2009.                                            Company started its commercial operation in 2009.

     PT Orion Global Development adalah entitas induk                      PT Orion Global Development is the parent entity of
     Perusahaan dan juga merupakan entitas induk                           the Company and is also the ultimate parent entity of
     terakhir dari Perusahaan dan Entitas Anaknya                          the Company and its Subsidiaries (collectively
     (selanjutnya secara bersama-sama disebut sebagai                      referred to hereafter as the “Group”).
     “Grup”).

     Manajemen kunci                                                       Key management

     Susunan Dewan Komisaris, Direksi dan Komite Audit                     The composition of the Company’s Boards of
     Perusahaan pada tanggal 30 Juni 2026 dan                              Commissioners, Directors and Audit Committee as
     31 Desember 2025 adalah sebagai berikut:                              of June 30, 2026 and December 31, 2025 are as
                                                                           follows:

     Dewan Komisaris                                                                                   Board of Commissioners
     Komisaris Utama (Independen)                    Pingki Elka Pangestu                   President Commissioner (Independent)
     Komisaris                                         Ir. Leander Nauli                                          Commissioner
     Direksi                                                                                                   Board of Directors
     Direktur Utama                                         Iwan Sanyoto                                        President Director
     Direktur                                                  Hasan                                                      Director




                                                              7
Page 18
                                                                                      The original unaudited pro forma interim consolidated financial
                                                                                                               information included herein are in the
                                                                                                                               Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                                          PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                                          NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                                             INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                                              INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                                               As of June 30, 2026 and
         periode enam bulan yang berakhir                                                             for the six-month period
             pada tanggal 30 Juni 2026                                                                   ended June 30, 2026
              (Disajikan dalam Rupiah,                                                                  (Expressed in Rupiah,
               kecuali dinyatakan lain)                                                               unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                                               1.    GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                                    TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                                            TRANSACTION PLAN (continued)

     Manajemen kunci (lanjutan)                                                            Key management (continued)

     Susunan Dewan Komisaris, Direksi dan Komite Audit                                     The composition of the Company’s Boards of
     Perusahaan pada tanggal 30 Juni 2026 dan                                              Commissioners, Directors and Audit Committee as
     31 Desember 2025 adalah sebagai berikut:                                              of June 30, 2026 and December 31, 2025 are as
     (lanjutan)                                                                            follows: (continued)

     Komite Audit                                                                                                                            Audit Committee
     Ketua                                                             Pingki Elka Pangestu                                                         Chairman
     Anggota                                                            Agus R. Panjaitan                                                            Member
     Anggota                                                                   Wito                                                                  Member


     Informasi atas Entitas Anak                                                           Information of Subsidiaries

     Persentase kepemilikan Perusahaan, baik secara                                        The Company’s percentage of ownership, either
     langsung maupun tidak langsung, dan total aset                                        directly or indirectly, and total assets of the
     entitas anak pada tanggal 30 Juni 2026 dan                                            subsidiaries as of June 30, 2026 and
     31 Desember 2025 adalah sebagai berikut:                                              December 31, 2025 are as follows:
                                                                                                      Persentase (%)                  Total Aset
                                                                                                       Kepemilikan/               Sebelum Eliminasi/
                                                                                                      Percentage (%)                 Total Assets
                                                                                                       of Ownership               Before Elimination
                                                                                Mulai
                                                           Kegiatan          Beroperasi/        30 Juni 2026/ 31 Des 2025/   30 Juni 2026/     31 Des 2025/
                                                            Usaha/             Start of         June 30, 2026 Dec 31, 2025   June 30, 2026     Dec 31, 2025
        Nama Entitas Anak/                 Domisili/       Principal         Commercial           (Direviu)/   (Diaudit)/      (Direviu)/        (Diaudit)/
        Name of Subsidiaries               Domicile        Activity          Operations          (Reviewed)    (Audited)      (Reviewed)        (Audited)

        Kepemilikan saham secara langsung/Direct ownership
        Belum beroperasi/Non-operating
        PT City Malls Indonesia (“CMI”)  Jakarta               a                           -           99,99       99,99 13.092.857.710.196 13.160.225.446.494
        PT Nuansa Citra Pesona (“NCP”)   Jakarta               d                           -           99,80       99,80 1.206.632.219.257 1.187.554.550.938

        Kepemilikan saham secara tidak langsung melalui PT City Malls Indonesia/Indirect ownership through PT City Malls Indonesia
        Belum beroperasi/Non-operating
        PT Nirvana Infrastructure (“NI”)   Jakarta            d                            -          99,98       99,98     692.777.377.698    668.566.542.088

        Beroperasi/Operating
        PT Nirvana Wastu Pratama (“NWP”)    Jakarta            c                       2014            32,48       32,48 12.370.970.080.730 12.462.537.556.642

        Kepemilikan saham secara tidak langsung melalui PT Nuansa Citra Pesona/Indirect ownership through PT Nuansa Citra Pesona
        Belum beroperasi/Non-operating
        PT Wahana Cipta Persadajaya
          (“WCP”)                          Jakarta           d                            -         99,99      99,99      780.485.089.219       772.482.344.610

        Kepemilikan saham secara tidak langsung melalui PT Nirvana Infrastructure/Indirect ownership through PT Nirvana Infrastructure
        Belum beroperasi/Non-operating
        PT Genta Nirvana Mahaputra
          (“GNM”)                          Jakarta            c                             -         99,44       99,44       60.217.185.843     60.192.448.038

        Beroperasi/Operating
        PT Tristar Land (“TL”)             Sukoharjo           c                       2013            99,82       99,82     329.638.475.676    305.672.034.148




                                                                             8
Page 19
                                                                                   The original unaudited pro forma interim consolidated financial
                                                                                                            information included herein are in the
                                                                                                                            Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                                       PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                                       NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                                          INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                                           INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                                            As of June 30, 2026 and
         periode enam bulan yang berakhir                                                          for the six-month period
             pada tanggal 30 Juni 2026                                                                ended June 30, 2026
              (Disajikan dalam Rupiah,                                                               (Expressed in Rupiah,
               kecuali dinyatakan lain)                                                            unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                                             1.    GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                                  TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                                          TRANSACTION PLAN (continued)
     Informasi atas Entitas Anak (lanjutan)                                              Information of Subsidiaries (continued)
     Persentase kepemilikan Perusahaan, baik secara                                      The Company’s percentage of ownership, either
     langsung maupun tidak langsung, dan total aset                                      directly or indirectly, and total assets of the
     entitas anak pada tanggal 30 Juni 2026 dan                                          subsidiaries as of June 30, 2026 and
     31 Desember 2025 adalah sebagai berikut:                                            December 31, 2025 are as follows:
                                                                                                   Persentase (%)                   Total Aset
                                                                                                    Kepemilikan/                Sebelum Eliminasi/
                                                                                                   Percentage (%)                  Total Assets
                                                                                                    of Ownership                Before Elimination
                                                                              Mulai
                                                            Kegiatan       Beroperasi/       30 Juni 2026/ 31 Des 2025/    30 Juni 2026/      31 Des 2025/
                                                             Usaha/          Start of        June 30, 2026 Dec 31, 2025    June 30, 2026      Dec 31, 2025
        Nama Entitas Anak/                  Domisili/       Principal      Commercial          (Direviu)/   (Diaudit)/       (Direviu)/         (Diaudit)/
        Name of Subsidiaries                Domicile        Activity       Operations         (Reviewed)    (Audited)       (Reviewed)         (Audited)

        Kepemilikan saham secara tidak langsung melalui PT Nirvana Wastu Pratama/Indirect ownership through PT Nirvana Wastu Pratama
        Belum beroperasi/Non-operating
        PT Nirvana Wastu Prasista
          Rahardja (“NWPras”)               Jakarta           d                           -        100,00      100,00 2.658.272.856.959       2.704.781.805.158
        NWP Retail Pte., Ltd. (“NWPret”)  Singapura           n                           -        100,00      100,00    862.978.370.176        926.707.160.879
        PT Bimantara Danar Dipta (“BDD”)    Cilacap            l                          -        100,00      100,00     63.370.448.783         61.652.117.981
        PT Nirvana Wastu Kastara
          Kasyapi (“NWKK”)                Purwakarta          d                           -        100,00      100,00     49.331.119.260        49.361.737.277
        PT Nirvana Wastu Gunaadhya
          Jayendra (“NWGJ”)               Bojonegoro          d                           -        100,00      100,00     27.877.757.169        27.912.333.861
        PT Tunas Mitra Usaha (“TMU”)        Cirebon           d                           -        100,00      100,00     11.911.414.269        11.700.370.190
        PT Nirvana Wastu Anargya
          Kastara (“NWAK”)                 Bandung            d                           -        100,00      100,00     10.099.470.579        10.099.821.315
        PT Nirvana Wastu Kencana
          (“NWK”)                           Jakarta           g                           -         99,90       99,90     10.960.137.894        10.551.734.109
        PT Nirvana Wastu Karya
          Pratama (“NWKP”)                 Gorontalo          d                           -        100.00      100,00     11.502.083.290        11.395.130.458
        PT Mahitala Wilis Amerta (”MWA”)  Indramayu            l                          -        100,00      100,00     10.000.000.000        10.000.000.000
        PT Wipala Madang Utama
          (“WPM”)                            Bogor             l                          -        100,00      100,00      2.480.071.282         2.480.071.282
        PT Yodya Megah Karta (“YDMK”)     Yogyakarta          o                           -        100,00      100,00      2.473.900.769         2.473.900.769
        PT Yoja Megah Karta (“YJMK”)      Yogyakarta           l                          -        100,00      100,00      2.473.900.769         2.473.900.769
        PT Sentrayasa Karya Bilang
          (“SKB”)                           Jakarta            l                          -              -          -                  -                      -
        PT Anantara Bengawan Harja
          (“ABH”)                            Solo              l                          -        100.00      100,00      2.456.850.769         2.456.850.769
        PT Narendra Daksa Lestari
          (“NDL”)                        Palangkaraya          l                          -        100,00      100,00      2.312.572.436         2.312.828.782
        PT Abhinaya Badasa Badi (“ABB”) Pangkal Pinang         l                          -        100,00      100,00        296.174.034           296.527.927
        PT Nirvana Wastu Narthana
          (“NWN”)                           Jakarta           d                           -        100,00      100,00         48.151.086             48.451.086
        PT Nirvana Wastu Manggala
          Laksita (“NWML”)                  Cilegon           d                           -        100,00      100,00         14.659.813             14.959.813
        PT Adhinata Sangkara
          Pratama (“ASP”)                   Kapuas            e                           -              -          -                  -                      -
        PT Nirvana Wastu Mahardika
          (“NWM”)                           Depok             d                           -        100,00      100,00         68.647.437             68.647.437
        PT Nirvana Wastu Danapati
          Garwita (“NWDG”)               Tasikmalaya          d                           -        100,00      100,00         14.753.891             15.053.891
        PT Nirvana Wastu Pastika
          Prabadwipa (“NWPP”)               Jakarta           d                           -        100,00      100,00         48.099.260             48.399.260

        Beroperasi/Operating
        PT Pejaten Semesta Raya (“PSR”)      Jakarta            l                    2020          100,00      100,00     1.132.794.539.496   1.148.186.824.696
        PT Karya Bersama Takarob
          (“KBT”)                            Cirebon            f                    2008          100,00      100,00     1.016.628.202.902    988.173.940.090
        PT Nirvana Wastu Jaya
          Pratama (“NWJP”)                  Semarang           d                     2023           86,38       86,16      709.778.028.976     722.500.015.411
        PT Nirvana Wastu Amerta (“NWA”)       Depok            g                     2020          100,00      100,00      539.403.667.079     546.517.089.642
                                           Prabumulih
        PT Kalingga Murda (“KM”)          Baturaja, Lahat      g                     2016          100,00      100,00      554.112.372.167     792.000.594.627
        PT Kalingga Murda Pratama
          (“KMP”)                            Kendari           g                     2022          100,00      100,00      635.277.771.997     580.238.929.364
        PT Prawara Ranajaya
          Catra (“PRC”)                      Jakarta            l                    2021          100,00      100,00      545.996.819.479     498.481.672.023




                                                                           9
Page 20
                                                                                    The original unaudited pro forma interim consolidated financial
                                                                                                             information included herein are in the
                                                                                                                             Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                                        PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                                        NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                                           INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                                            INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                                             As of June 30, 2026 and
         periode enam bulan yang berakhir                                                           for the six-month period
             pada tanggal 30 Juni 2026                                                                 ended June 30, 2026
              (Disajikan dalam Rupiah,                                                                (Expressed in Rupiah,
               kecuali dinyatakan lain)                                                             unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                                             1.    GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                                  TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                                          TRANSACTION PLAN (continued)
     Informasi atas Entitas Anak (lanjutan)                                              Information of Subsidiaries (continued)
     Persentase kepemilikan Perusahaan, baik secara                                      The Company’s percentage of ownership, either
     langsung maupun tidak langsung, dan total aset                                      directly or indirectly, and total assets of the
     entitas anak pada tanggal 30 Juni 2026 dan                                          subsidiaries as of June 30, 2026 and
     31 Desember 2025 adalah sebagai berikut                                             December 31, 2025 are as follows (continued):
     (lanjutan):
                                                                                                    Persentase (%)                  Total Aset
                                                                                                     Kepemilikan/               Sebelum Eliminasi/
                                                                                                    Percentage (%)                 Total Assets
                                                                                                     of Ownership               Before Elimination
                                                                              Mulai
                                                          Kegiatan         Beroperasi/        30 Juni 2026/ 31 Des 2025/   30 Juni 2026/     31 Des 2025/
                                                           Usaha/            Start of         June 30, 2026 Dec 31, 2025   June 30, 2026     Dec 31, 2025
        Nama Entitas Anak/                Domisili/       Principal        Commercial           (Direviu)/   (Diaudit)/      (Direviu)/        (Diaudit)/
        Name of Subsidiaries              Domicile        Activity         Operations          (Reviewed)    (Audited)      (Reviewed)        (Audited)

        Kepemilikan saham secara tidak langsung melalui PT Nirvana Wastu Pratama (lanjutan)/Indirect ownership through PT Nirvana Wastu Pratama (continued)
        Beroperasi (lanjutan)/Operating (continued)
        PT Primerindo Kencana (“PK”)       Gorontalo          g                       2011           100,00      100,00    401.067.515.437   391.605.077.051
        PT Dwimegah Miri
             Sentosa (“DMS”)                 Depok             l                      2022           100,00      100,00    414.418.715.666   382.485.770.240
        PT Danadipa Aluwung (“DA”)           Sampit           g                       2014           100,00      100,00    394.673.026.643   381.434.318.744
        PT Nirvana Wastu Sagara
          Bhadrika (“NWSB”)                  Cilegon          d                       2019           100,00      100,00    320.267.569.024   322.165.465.474
        PT Binjai Hatua Makmur (“BHM”)        Binjai           l                      2020           100,00      100,00    333.733.566.166   330.458.867.010
        PT Polonia Anugerah Jaya (“PAJ”)     Medan            k                       2018           100,00      100,00    299.248.204.989   298.953.349.844
        PT Nirvana Wastu Prawara
          Radika (“NWPRdk”)                   Garut           d                       2024           100,00      100,00    305.981.515.301   305.569.476.894
        PT Sekala Braha Semesta (“SBS”) Bandar Lampung         l                      2020           100,00      100,00    227.665.409.040   231.229.630.984
        PT Paramarta Rolas Jaya (“PRJ”)      Dumai             j                      2019           100,00      100,00    219.063.161.618   221.693.460.717
        PT Dhanika Sejahtera Makmur
          (“DSM”)                           Denpasar           l                      2020           100,00      100,00    208.096.213.134   206.838.685.731
        PT Grahita Dana (“GD”)               Cirebon          g                       2014           100,00      100,00    238.964.107.411   231.491.423.899
        PT Nirvana Wastu Utama (“NWU”)     Sukabumi           d                       2016           100,00      100,00    209.847.651.164   208.800.386.458
        PT Nirvana Wastu Pradana
          (“NWPR”)                           Cianjur          d                       2016           100,00      100,00    208.356.826.649   207.757.846.830
        PT Adhiwangsa Satata Ekatra
          (“ASE”)                            Depok             l                      2020           100,00      100,00    197.832.250.519   200.366.174.483
        PT Tarangga Hanasta (“TH”)          Ketapang          g                       2015           100,00      100,00    196.842.186.586   190.838.573.426
        PT Palu Graha Sejahtera (“PGS”)       Palu            b                       2014            68,00       68,00    177.872.265.767   181.668.690.800
        PT Anggaraksa Lokeswara (“AL”)      Bontang           g                       2022           100,00      100,00    264.588.518.374   269.189.597.379
        PT Nirvana Wastu Usaha
          Karya (“NWUK”)                     Tuban            g                       2025           100,00      100,00    233.104.911.474   239.762.686.106
        PT Tirta Anugrah Buana (“TAB”)    Bondowoso           g                       2022           100,00      100,00    123.560.032.717   126.191.032.044
        PT Buana Baru Prima (“BBP”)      Pangkalan Bun        g                       2013           100,00      100,00    130.566.497.929   122.712.972.947
        PT Prabangkara Sangkara (“PS”)       Kapuas           g                       2016           100,00      100,00    102.967.605.495   102.898.301.287
        PT Lintang Buwana Ekatra (“LBE”)     Depok            o                       2022           100,00      100,00    107.438.479.335   100.753.402.646
        PT Aneka Jayausaha Maju
          Terus (“AJUMT”)                    Jakarta          h                       2011           100,00      100,00     36.406.806.850    35.647.814.094
        PT Melia Arjuna Bejana (“MAB”)        Bogor           d                       2016           100,00      100,00     25.638.686.950    25.993.154.891
        PT Kalingga Kara Daneswara
          (“KKD”)                          Prabumulih         m                       2020           100,00      100,00     13.355.803.700    13.021.879.671
        PT Adhirajasa Hanasta
          Pratama (“AHP”)                   Ketapang          e                       2019           100,00      100,00      8.261.290.465     8.795.455.630

        Tahap pengembangan/Development stage
        PT Gardapati Sahardaya (“GS”)  Tanjung Pinang         g                          -          100,00      100,00     123.344.188.323    123.232.160.070
        PT Nirvana Wastu Jaya (“NWJ”)      Sorong             d                          -          100,00      100,00     117.801.780.778    117.812.429.286
        PT Nirvana Wastu Kusuma
          (“NWKus”)                        Cilegon            g                          -          100,00      100,00      40.932.569.017     40.940.815.907
        PT Nirvana Wastu Karya
          Utama (“NWKU”)                  Bengkulu            g                          -          100,00      100,00      22.486.981.439     22.487.226.975
        PT Kalingga Murda Raja (“KMR”)   Indramayu            d                          -          100,00      100,00       140.159.652          140.522.174

        Kepemilikan saham secara tidak langsung melalui PT Primerindo Kencana/Indirect ownership through PT Primerindo Kencana
        Belum beroperasi/Non-operating
        PT Primerindo Sejahtera (“PSj”)   Gorontalo           i                          -         100,00      100,00    49.373.988.194        49.254.139.438

        Kepemilikan saham secara tidak langsung melalui PT Primerindo Sejahtera/Indirect ownership through PT Primerindo Sejahtera
        Belum beroperasi/Non-operating
        PT Mahawira Rajendra Jaya (“MRJ”) Dumai               j                            -         99,00       99,00        100.000.000        100.000.000




                                                                           10
Page 21
                                                                                       The original unaudited pro forma interim consolidated financial
                                                                                                                information included herein are in the
                                                                                                                                Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                                            PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                                        AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                                            NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                                               INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                                                INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                                                 As of June 30, 2026 and
         periode enam bulan yang berakhir                                                               for the six-month period
             pada tanggal 30 Juni 2026                                                                     ended June 30, 2026
              (Disajikan dalam Rupiah,                                                                    (Expressed in Rupiah,
               kecuali dinyatakan lain)                                                                 unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                                                1.    GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                                     TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                                             TRANSACTION PLAN (continued)
     Informasi atas Entitas Anak (lanjutan)                                                 Information of Subsidiaries (continued)
     Persentase kepemilikan Perusahaan, baik secara                                         The Company’s percentage of ownership, either
     langsung maupun tidak langsung, dan total aset                                         directly or indirectly, and total assets of the
     entitas anak pada tanggal 30 Juni 2026 dan                                             subsidiaries as of June 30, 2026 and
     31 Desember 2025 adalah sebagai berikut                                                December 31, 2025 are as follows (continued):
     (lanjutan):
                                                                                                        Persentase (%)                   Total Aset
                                                                                                         Kepemilikan/                Sebelum Eliminasi/
                                                                                                        Percentage (%)                  Total Assets
                                                                                                         of Ownership                Before Elimination
                                                                                 Mulai
                                                            Kegiatan          Beroperasi/         30 Juni 2026/ 31 Des 2025/    30 Juni 2026/      31 Des 2025/
                                                             Usaha/             Start of          June 30, 2026 Dec 31, 2025    June 30, 2026      Dec 31, 2025
        Nama Entitas Anak/                 Domisili/        Principal         Commercial            (Direviu)/   (Diaudit)/       (Direviu)/         (Diaudit)/
        Name of Subsidiaries               Domicile         Activity          Operations           (Reviewed)    (Audited)       (Reviewed)         (Audited)

        Kepemilikan saham secara tidak langsung melalui PT Nirvana Wastu Prasista Rahardja/Indirect ownership through PT Nirvana Wastu Prasista Rahardja
        Belum beroperasi/Non-operating
        BNWP Cella Holding Pte. Ltd.
          (“BNWP”)                        Singapura           n                          -           95,20       95,20 2.581.978.218.002 2.627.668.667.625

        Kepemilikan saham secara tidak langsung melalui BNWP Cella Holding Pte. Ltd./Indirect ownership through BNWP Cella Holding Pte. Ltd.
        Belum beroperasi/Non-operating
        Cella Management Pte. Ltd. (“CM”) Singapura         n                              -        71,40        71,40 2.579.815.310.894 2.627.360.732.480

        Kepemilikan saham secara tidak langsung melalui Cella Management Pte. Ltd./Indirect ownership through Cella Management Pte. Ltd.
        Beroperasi/Operating
        PT Cella Management
          Logistik (“CML”)                Tangerang           p                       2022          71,40        71,40     18.218.027.617             27.011.557.555

        Belum beroperasi/Non-operating
        Two Master Holding
          Cella Pte. Ltd. (“TMHC”)         Singapura            n                            -           71,40       71,40     2.192.286.572.895   2.265.406.841.488
        Master Holding Cella Pte. Ltd.
          (“MHC”)                          Singapura            n                            -           71,40       71,40      379.418.738.491      386.176.214.928

        Kepemilikan saham secara tidak langsung melalui Master Holding Cella Pte. Ltd./Indirect ownership through Master Holding Cella Pte. Ltd.
        Belum beroperasi/Non-operating
        Alpha Holding Cella Pte. Ltd.
           (“AHC”)                        Singapura           n                              -        71,40        71,40    376.691.437.029      383.981.787.871
        Charlie Holding Cella Pte. Ltd.
           (“CHC”)                        Singapura           n                              -        71,40        71,40       2.205.009.026       2.059.322.282

        Kepemilikan saham secara tidak langsung melalui Alpha Holding Cella Pte. Ltd./Indirect ownership through Alpha Holding Cella Pte. Ltd.
        Beroperasi/Operating
        PT Cella Argya Logistik (“CAL”)    Bekasi             l                         2024          71,40        71,40    374.818.093.141          382.021.332.801

        Kepemilikan saham secara tidak langsung melalui Charlie Holding Cella Pte. Ltd./Indirect ownership through Charlie Holding Cella Pte. Ltd.
        Belum beroperasi/Non-operating
        PT CRE BIL Indonesia (“CBI”)       Bekasi              l                             -         71,40       71,40        1.850.771.884          1.849.422.104

        Kepemilikan saham secara tidak langsung melalui Two Master Holding Cella Pte. Ltd./Indirect ownership through Two Master Holding Cella Pte. Ltd.
        Belum beroperasi/Non-operating
        Caesar Holding Cella Pte. Ltd.
          (“CAHC”)                       Singapura           n                             -          71,40        71,40 1.190.103.482.312 1.256.259.025.057
        Epsilon Holding Cella Pte. Ltd.
          (“EHC”)                        Singapura           n                             -          71,40        71,40   651.930.977.707     654.219.116.471
        Beta Holding Cella Pte. Ltd.
          (“BHC”)                        Singapura           n                             -          71,40        71,40   225.386.920.667     228.700.588.207
        Gamma Holding Cella
          (“GHC”)                        Singapura           n                             -          71.40        71,40   122.578.670.601     124.351.829.338
        Dynasty Holding Cella Pte. Ltd.
          (“DHC”)                        Singapura           n                             -          71,40        71,40     371.748.457           245.203.035

        Kepemilikan saham secara tidak langsung melalui Beta Holding Cella Pte. Ltd./Indirect ownership through Beta Holding Cella Pte. Ltd.
        Beroperasi/Operating
        PT Bukit Inti Lestari (“BIL”)      Bekasi             l                         2024          71,40        71,40    224.266.682.901          227.495.335.104

        Kepemilikan saham secara tidak langsung melalui Caesar Holding Cella Pte. Ltd./Indirect ownership through Caesar Holding Cella Pte. Ltd.
        Beroperasi/Operating
        PT Cella Cakra Logistik (“CCL”)   Jakarta            l                          2025          71,40        71,40 1.188.624.623.787 1.197.644.769.337




                                                                              11
Page 22
                                                                                                    The original unaudited pro forma interim consolidated financial
                                                                                                                             information included herein are in the
                                                                                                                                             Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                                                      PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                                                  AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                                                      NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                                                         INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                                                          INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                                                           As of June 30, 2026 and
         periode enam bulan yang berakhir                                                                         for the six-month period
             pada tanggal 30 Juni 2026                                                                               ended June 30, 2026
              (Disajikan dalam Rupiah,                                                                              (Expressed in Rupiah,
               kecuali dinyatakan lain)                                                                           unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                                                             1.     GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                                                                   TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                                                           TRANSACTION PLAN (continued)

     Informasi atas Entitas Anak (lanjutan)                                                               Information of Subsidiaries (continued)

     Persentase kepemilikan Perusahaan, baik secara                                                       The Company’s percentage of ownership, either
     langsung maupun tidak langsung, dan total aset                                                       directly or indirectly, and total assets of the
     entitas anak pada tanggal 30 Juni 2026 dan                                                           subsidiaries as of June 30, 2026 and
     31 Desember 2025 adalah sebagai berikut                                                              December 31, 2025 are as follows (continued):
     (lanjutan):
                                                                                                                     Persentase (%)                        Total Aset
                                                                                                                      Kepemilikan/                     Sebelum Eliminasi/
                                                                                                                     Percentage (%)                       Total Assets
                                                                                                                      of Ownership                     Before Elimination
                                                                                            Mulai
                                                                     Kegiatan            Beroperasi/          30 Juni 2026/ 31 Des 2025/        30 Juni 2026/         31 Des 2025/
                                                                      Usaha/               Start of           June 30, 2026 Dec 31, 2025        June 30, 2026         Dec 31, 2025
        Nama Entitas Anak/                       Domisili/           Principal           Commercial             (Direviu)/   (Diaudit)/           (Direviu)/            (Diaudit)/
        Name of Subsidiaries                     Domicile            Activity            Operations            (Reviewed)    (Audited)           (Reviewed)            (Audited)

        Kepemilikan saham secara tidak langsung melalui Epsilon Holding Cella Pte. Ltd./Indirect ownership through Epsilon Holding Cella Pte. Ltd.
        Beroperasi/Operating
        PT Cella Emerald Logistik (“CEL”)  Bogor              l                         2024          71,40        71,40    648.949.729.507      651.141.623.715

        Kepemilikan saham secara tidak langsung melalui Gamma Holding Cella Pte. Ltd./Indirect ownership through Gamma Holding Cella Pte. Ltd.
        Beroperasi/Operating
        PT Cella Gemilang Logistik (“CGL”) Bekasi           l                         2024          71,40        71,40  121.396.458.764      123.067.018.001

        Keterangan kegiatan usaha entitas anak pada tanggal 30 Juni 2026 dan 31 Desember 2025:/
        Description on the principal activities of subsidiaries as of June 30, 2026 and December 31, 2025:
        a Pembangunan, penyertaan modal, perdagangan, perindustrian, pengangkutan darat, percetakan dan jasa kecuali di bidang hukum dan pajak/
           Construction, investment, trading, industry, land transportation, printing and services, except legal and tax fields
        b Pertanian, perindustrian, perdagangan, dan pembangunan/
           Agriculture, industry, trading, and construction
        c Perdagangan besar atas dasar balas jasa (fee) atau kontrak, aktivitas perusahaan holding, real estat yang dimiliki sendiri atau disewa, aktivitas konsultasi manajemen lainnya dan
             aktivitas konsultasi bisnis dan broker bisnis/
           Wholesale trading on a fee or contract basis, holding company activities, owned or leased real estate, other management consulting activities and business consulting and business
             brokerage activities
        d Perdagangan, pengangkutan, pembangunan, perindustrian, jasa, percetakan, perbengkelan, pertanian dan kehutanan/
           Trading, transportation, construction, industry, service, printing, workshop, agriculture and forestry
        e Pembangunan dan Pengelolaan Hotel Bintang Dua/
           Construction and Management of Two Star Hotel
        f Jasa, pembangunan, pengangkutan darat, perbengkelan, percetakan, perdagangan, perindustrian, pertambangan dan pertanian/
           Service, construction, land transportation, workshop, printing, trading, industry, mining and agriculture
        g Perdagangan, pengangkutan, pembangunan, perindustrian, jasa, percetakan dan pertanian/
           Trading, transportation, construction, industry, service, printing and agriculture
        h Perdagangan, jasa, perindustrian, percetakan, perbengkelan, kehutanan, perkebunan, pertanian, perikanan, pembangunan, perumahan, pengangkutan darat,
              bahan kimia, restoran, pergudangan, pasar swalayan, garmen dan mebel/
           Trading, service, industry, printing, workshop, forestry, plantations, agriculture, fishery, construction, real estate, land transportation, chemical, restaurant,
              warehousing, supermarkets, garment and furniture
        i Perdagangan, keagenan, jasa, perindustrian, pemborongan bangunan, konsultan, percetakan, pengangkutan, perbengkelan, real estat, restoran, garmen,
              pertanian dan pertambangan/
           Trading, agency, service, industry, building contractor, consultant, printing, transportation, workshop, real estate, restaurant, garment, agriculture and mining
        j Pemborongan, real estat, pembangunan, jasa dan konsultasi, perdagangan dan perindustrian/
           Contractor, real estate, construction, service and consultation, trading and industry
        k Pembangunan, real estat, jasa, perdagangan, pengangkutan, perindustrian, percetakan, perbengkelan, pertanian dan kehutanan/
           Construction, real estate, service, trading, transportation, industry, printing, workshop, agriculture and forestry
        l Real estate yang dimiliki sendiri atau disewa/
           Owned or leased real estate
        m Perhotelan/
           Hospitality
        n Entitas induk lainnya/
           Other holding companies
        o Pembangunan dan Pengelolaan Hotel Bintang Lima/
           Construction and Management of Five Star Hotel
        p Aktivitas konsultasi manajemen lainnya
           Other management consulting activities




                                                                                         12
Page 23
                                                                The original unaudited pro forma interim consolidated financial
                                                                                         information included herein are in the
                                                                                                         Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                 PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                 NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                    INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                     INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                      As of June 30, 2026 and
         periode enam bulan yang berakhir                                    for the six-month period
             pada tanggal 30 Juni 2026                                          ended June 30, 2026
              (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                          1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                              TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                      TRANSACTION PLAN (continued)

     PT Cella Management Logistik (“CML”)                            PT Cella Management Logistik (“CML”)

     CML didirikan di Indonesia berdasarkan Akta Notaris             CML established in Indonesia based on Notarial
     Jose Dima Satria, S.H., M.Kn. No. 146 tanggal                   Deed No. 146 of Jose Dima Satria, S.H., M.Kn.
     23 Februari 2022 dan telah memperoleh persetujuan               dated February 23, 2022 and was approved by
     dari Menteri Hukum dan Hak Asasi Manusia                        the Minister of Law and Human Rights of the
     Republik Indonesia dalam Surat Keputusan                        Republic of Indonesia in Decision Letter
     No. AHU-0014083.AH.01.01.Tahun 2022 tanggal                     No. AHU-0014083.AH.01.01.Tahun 2022 dated
     23 Februari 2022. Anggaran Dasar Perusahaan                     February 23, 2022. The Articles of Association have
     telah mengalami beberapa kali perubahan, terakhir               been amended several times, most recently by
     dengan Akta Notaris Jose Dima Satria, S.H., M.Kn.               Notarial Deed No. 23 of Jose Dima Satria, S.H.,
     No. 23 tanggal 5 Maret 2025 mengenai perubahan                  M.Kn. dated March 5, 2025 regarding the change in
     susunan Dewan Komisaris dan Direksi Perusahaan                  the Boards of Commissioners and Directors of the
     yang telah memperoleh persetujuan dari Menteri                  Company, which was approved by the Minister of
     Hukum Republik Indonesia dalam Surat Keputusan                  Law of the Republic of Indonesia in its Decision
     No. AHU-AH.01.09-0127880 tanggal 7 Maret 2025.                  Letter No. AHU-AH.01.09-0127880 dated March 7,
                                                                     2025.

     CML berkedudukan di Ruko Ice Business Park                      CML is domiciled in Ruko Ice Business Park
     G-12/15, Jalan BSD Grand Boulevard Raya,                        G-12/15, Jalan BSD Grand Boulevard Raya,
     Pagedangan, Tangerang, Banten. Komposisi                        Pagedangan, Tangerang, Banten. The ownership
     kepemilikan Perusahaan atas CML melalui Cella                   composition of the Company through Cella
     Management Pte. Ltd. (“CM”) dan BNWP Cella                      Management Pte. Ltd. (“CM”) and BNWP Cella
     Holding Pte. Ltd (“BNWP”), entitas-entitas anak                 Holding Pte. Ltd (“BNWP”), subsidiaries with 71.40%
     dengan kepemilikan saham masing-masing 71,40%                   and 95,20% share ownership, respectively, is
     dan 95,20%, adalah sebesar 99,98% dan 0,02%.                    99.98% and 0.02%.


     PT Cella Argya Logistik (“CAL”)                                 PT Cella Argya Logistik (“CAL”)

     CAL didirikan di Indonesia berdasarkan Akta Notaris             CAL established in Indonesia based on Notarial
     Jose Dima Satria, S.H., M.Kn. No. 15 tanggal                    Deed No. 15 of Jose Dima Satria, S.H., M.Kn. dated
     2 Desember 2021 dan telah memperoleh                            December 2, 2021 and was approved by the Minister
     persetujuan dari Menteri Hukum dan Hak Asasi                    of Law and Human Rights of the Republic of
     Manusia Republik Indonesia dalam Surat Keputusan                Indonesia in Decision Letter No. AHU-
     No. AHU-0077294.AH.01.01. Tahun 2021 tanggal                    0077294.AH.01.01. Tahun 2021 dated December 3,
     3 Desember 2021. Anggaran Dasar Perusahaan                      2021. The Articles of Associations have been
     telah mengalami beberapa kali perubahan, terakhir               amended, most recently by Notarial Deed No. 33 of
     dengan Akta Notaris Jose Dima Satria, S.H., M.Kn.               Jose Dima Satria, S.H., M.Kn., dated September 9,
     No. 33 tanggal 9 September 2025, sehubungan                     2025, pertaining to increase of authorized capital
     dengan peningkatan modal dasar dan modal                        and capital issued and fully paid. The amendment
     ditempatkan dan disetor penuh. Perubahan ini telah              has been approved by Minister of Law of the
     disetujui oleh Menteri Hukum Republik Indonesia                 Republic of Indonesia in Letter No. AHU-
     dalam Surat No. AHU-0062206.AH.01.02.Tahun                      0062206.AH.01.02.Tahun 2025 dated September
     2025 tanggal 15 September 2025 dan Surat                        15, 2025 and Notification Receipt of the Amendment
     Penerimaan Pemberitahuan Perubahan Anggaran                     to the Articles of Association No. AHU-AH.01.03-
     Dasar     No.    AHU-AH.01.03-0235665       tanggal             0235665 dated September 15, 2025.
     15 September 2025.




                                                           13
Page 24
                                                                 The original unaudited pro forma interim consolidated financial
                                                                                          information included herein are in the
                                                                                                          Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                  PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                  NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                     INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                      INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                       As of June 30, 2026 and
         periode enam bulan yang berakhir                                     for the six-month period
             pada tanggal 30 Juni 2026                                           ended June 30, 2026
              (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                           1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                               TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                       TRANSACTION PLAN (continued)

     PT Cella Argya Logistik (“CAL”) (lanjutan)                       PT Cella Argya Logistik (“CAL”) (continued)

     CAL berkedudukan di Jl. Abasia Raya Blok K 08,                   CAL is domiciled in Jl. Abasia Raya street Block
     No. 11, Delta Silicon VIII RT.001 RW. 002,                       K 08 Number 11, Delta Silicon VIII RT.001 RW. 002,
     Kelurahan Cicau, Kecamatan Cikarang Pusat,                       Cicau Sub-District, Central Cikarang District, Bekasi
     Kabupaten Bekasi, Jawa Barat. Komposisi                          Regency, West Java. The ownership composition of
     kepemilikan Perusahaan atas CAL melalui Alpha                    the Company through Alpha Holding Cella Pte. Ltd.
     Holding Cella Pte. Ltd. (“AHC”) dan Master Holding               (“AHC”) and Master Holding Cella Pte. Ltd. (“MHC”),
     Cella Pte. Ltd. (“MHC”), entitas-entitas anak dengan             subsidiaries with 71.40% share ownership,
     kepemilikan saham masing-masing 71,40%, adalah                   respectively, is 99.99% and 0.01%.
     sebesar 99,99% dan 0,01%.

     PT Cella Cakra Logistik (“CCL”)                                  PT Cella Cakra Logistik (“CCL”)

     CCL didirikan di Indonesia berdasarkan Akta Notaris              CCL established in Indonesia based on Notarial
     Jose Dima Satria, S.H., M.Kn. No. 144 tanggal                    Deed No. 144 of Jose Dima Satria, S.H., M.Kn.
     21 Oktober 2022 dan telah memperoleh persetujuan                 dated October 21, 2022 and was approved by
     dari Menteri Hukum dan Hak Asasi Manusia                         the Minister of Law and Human Rights of the
     Republik Indonesia dalam Surat Keputusan                         Republic of Indonesia in its Decision Letter
     No. AHU-0073875.AH.01.01.Tahun 2022 tanggal                      No. AHU-0073875.AH.01.01.Tahun 2022 dated
     24 Oktober 2022. Anggaran Dasar Perusahaan telah                 October 24, 2022. The Company’s Articles of
     mengalami beberapa kali perubahan, terakhir                      Associations have been amended several times,
     dengan Akta Notaris Jose Dima Satria, S.H., M.Kn.                most recently by Notarial Deed No. 117 of Jose
     No. 117 tanggal 20 November 2025, sehubungan                     Dima Satria, S.H., M.Kn., dated November 20, 2025,
     dengan perubahan Pasal 3 Anggaran Dasar                          pertaining to Amendment to Article 3 of the
     Perseroan mengenai Maksud dan Tujuan serta                       Company’s Articles of Association regarding the
     Kegiatan Usaha. Perubahan ini telah disetujui oleh               Purpose and objectives as well as Business
     Menteri Hukum Republik Indonesia dalam                           Activities. The amendment has been approved by
     Keputusan No. AHU-0076943.AH.01.02.Tahun                         the Minister of Law of the Republic of Indonesia in
     2025 tanggal 28 April 2025.                                      his Letter No. AHU-0076943.AH.01.02.Tahun 2025
                                                                      dated April 28, 2025.

     CCL berkedudukan di Jalan Raya Cakung Cilincing                  CCL is domiciled in Jalan Raya Cakung Cilincing
     KM 1, RT. 009 RW. 003, Cakung Timur, Cakung,                     KM 1, RT. 009 RW. 003, Cakung Timur, Cakung,
     Kota ADM. Jakarta Timur, DKI Jakarta. Komposisi                  Kota ADM. Jakarta Timur, DKI Jakarta. The
     kepemilikan Perusahaan atas CCL melalui Caesar                   ownership composition of the Company through
     Holding Cella Pte. Ltd. (“CAHC”) dan Two Master                  Caesar Holding Cella Pte. Ltd. (“CAHC”) and Two
     Holding Cella Pte. Ltd. (“TMHC”), entitas-entitas                Master Holding Cella Pte. Ltd. (“TMHC”),
     anak dengan kepemilikan saham masing-masing                      subsidiaries with 71.40% share ownership,
     71,40%, adalah sebesar 99,99% dan 0,01%.                         respectively, is 99.99% and 0.01%.




                                                            14
Page 25
                                                                The original unaudited pro forma interim consolidated financial
                                                                                         information included herein are in the
                                                                                                         Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                 PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                 NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                    INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                     INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                      As of June 30, 2026 and
         periode enam bulan yang berakhir                                    for the six-month period
             pada tanggal 30 Juni 2026                                          ended June 30, 2026
              (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                          1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                              TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                      TRANSACTION PLAN (continued)

     PT Cella Emerald Logistik (“CEL”)                               PT Cella Emerald Logistik (“CEL”)

     CEL didirikan di Indonesia berdasarkan Akta Notaris             CEL established in Indonesia based on Notarial
     Jose Dima Satria, S.H., M.Kn. No. 181 tanggal                   Deed No. 181 of Jose Dima Satria, S.H., M.Kn.
     30 Maret 2023 dan telah memperoleh persetujuan                  dated March 30, 2023 and was approved by
     dari Menteri Hukum dan Hak Asasi Manusia                        the Minister of Law and Human Rights of the
     Republik Indonesia dalam Surat Keputusan                        Republic of Indonesia in its Decision Letter
     No. AHU-0026372.AH.01.01.Tahun 2023 tanggal                     No. AHU-0026372.AH.01.01.Tahun 2023 dated
     4 April 2023. Anggaran dasar Perusahaan telah                   April 4, 2023. Articles of Association of the Company
     mengalami beberapa kali perubahan, terakhir                     have been amended several times, the latest which
     dengan Akta Notaris Jose Dima Satria, S.H., M.Kn.               is covered under Notarial Deed No. 21 of Jose Dima
     No. 21 tanggal 5 Maret 2025 terkait perubahan                   Satria, S.H., M.Kn. dated March 5, 2025 regarding
     susunan Dewan Komisaris dan Direksi Perusahaan.                 to the changes in the Board of Commissioners and
     Akta    ini    telah   memperoleh      penerimaan               Directors of the Company. The Deed has obtained
     pemberitahuan perubahan data perseroan dari                     the notification receipt of the change of the
     Menteri Hukum Republik Indonesia dalam Surat                    company’s data from the Minister of Law of the
     Keputusan No. AHU-AH.01.09-0128023 tanggal                      Republic of Indonesia in its Decision Letter
     7 Maret 2025.                                                   No. AHU-AH.01.09-0128023 dated March 7, 2025.

     CEL berkedudukan di Jl. Griya Alam Sentosa                      CEL is domiciled in in Jl. Griya Alam Sentosa
     RT. 002 RW. 004, Kelurahan Limusnunggal,                        RT. 002 RW. 004, Sub district Limusnunggal, District
     Kecamatan      Cileungsi,    Kabupaten    Bogor,                Cileungsi,     Bogor    Regency,    West     Java.
     Jawa Barat. Komposisi kepemilikan Perusahaan                    The ownership composition of the Company through
     atas CEL melalui Epsilon Holding Cella Pte. Ltd.                Epsilon Holding Cella Pte. Ltd. (“EHC”) and
     (“EHC”) dan Two Master Holding Cella Pte. Ltd.                  Two Master Holding Cella Pte. Ltd. (“TMHC”),
     (“TMHC”), entitas-entitas anak dengan kepemilikan               subsidiaries with 71.40% share ownership,
     saham masing-masing 71,40%, adalah sebesar                      respectively, is 99.99% and 0.01%.
     99,99% dan 0,01%.

     PT Cella Gemilang Logistik (“CGL”)                              PT Cella Gemilang Logistik (“CGL”)

     CGL didirikan di Indonesia berdasarkan Akta Notaris             CGL established in Indonesia based on Notarial
     Jose Dima Satria, S.H., M.Kn. No. 111 tanggal                   Deed No. 111 of Jose Dima Satria, S.H., M.Kn.
     27 September 2023 dan telah memperoleh                          dated September 27, 2023 and was approved by
     persetujuan dari Menteri Hukum dan Hak Asasi                    the Minister of Law and Human Rights of the
     Manusia Republik Indonesia dalam Surat Keputusan                Republic of Indonesia in his Decision Letter
     No. AHU-0074888.AH.01.01.Tahun 2023 tanggal                     No. AHU-0074888.AH.01.01.Tahun 2023 dated
     4 Oktober 2023. Anggaran Dasar Perusahaan                       October 4, 2023. The Company’s Articles of
     telah mengalami perubahan dengan Akta Jose                      Association has been amended by Notarial Deed
     Dima Satria, S.H., M.Kn. No. 34 tanggal                         No. 34 of Jose Dima Satria, S.H., M.Kn., dated
     9 September 2025 mengenai peningkatan modal                     September 9, 2025, pertaining to the increase of
     dasar dan ditempatkan dan disetor penuh.                        authorized capital and capital issued and fully paid.
     Perubahan ini telah disetujui oleh Menteri                      The amendment has been approved by the Minister
     Hukum      Republik    Indonesia    dalam    Surat              of Law of the Republic of Indonesia through his
     No. AHU-0062218.AH.01.02.Tahun 2025 tanggal                     Letter No. AHU-0062218.AH.01.02.Tahun 2025
     15 September 2025.                                              dated September 15, 2025.




                                                           15
Page 26
                                                                The original unaudited pro forma interim consolidated financial
                                                                                         information included herein are in the
                                                                                                         Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                 PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                 NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                    INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                     INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                      As of June 30, 2026 and
         periode enam bulan yang berakhir                                    for the six-month period
             pada tanggal 30 Juni 2026                                          ended June 30, 2026
              (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                          1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                              TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                      TRANSACTION PLAN (continued)

     PT Cella Gemilang Logistik (“CGL”) (lanjutan)                   PT Cella Gemilang Logistik (“CGL”) (continued)

     CGL berkedudukan di Jl. Raya Narogong KM 11                     CGL is domiciled in Jl. Raya Narogong KM 11
     RT.003 RW.005, Bantargebang, Kota Bekasi, Jawa                  RT.003 RW.005, Bantargebang, Bekasi City, West
     Barat. Komposisi kepemilikan Perusahaan atas CGL                Java. The ownership composition of the Company
     melalui Gamma Holding Cella Pte. Ltd. (“GHC”) dan               through Gamma Holding Cella Pte. Ltd. (“GHC”) and
     Two Master Holding Cella Pte. Ltd. (“TMHC”),                    Two Master Holding Cella Pte. Ltd. (“TMHC”),
     entitas-entitas anak dengan kepemilikan saham                   subsidiaries with 71.40% share ownership,
     masing-masing 71,40%, adalah sebesar 99,98%                     respectively, is 99.98% and 0.02%.
     dan 0,02%.

     PT Bukit Inti Lestari (“BIL”)                                   PT Bukit Inti Lestari (“BIL”)

     BIL didirikan di Indonesia berdasarkan Akta                     BIL established in Indonesia based on Notarial Deed
     Notaris Susi Aprillina, S.H., M.Kn. No. 4 tanggal               No. 4 of Susi Aprillina, S.H., M.Kn. dated August 4,
     4 Agustus 2020 dan telah memperoleh persetujuan                 2020 and was approved by the Minister of Law and
     dari Menteri Hukum dan Hak Asasi Manusia                        Human Rights of the Republic of Indonesia in his
     Republik Indonesia dalam Surat Keputusan                        Decision Letter No. AHU-0038611.AH.01.01.Tahun
     No. AHU-0038611.AH.01.01.Tahun 2020 tanggal                     2020 dated August 10, 2020. The Company’s
     10 Agustus 2020. Anggaran Dasar Perusahaan                      Articles of Association have been amended several
     telah mengalami beberapa kali perubahan, terakhir               times, most recently by Notarial Deed No. 109 of
     dengan Akta Deska Legira, S.H., M.Kn. No. 109                   Deska Legira, S.H., M.Kn., dated June 26, 2026,
     tanggal 26 Juni 2026 mengenai penyesuaian kode                  concerning the adjustment of the Indonesian
     Klasifikasi Baku Lapangan Usaha Indonesia                       Standard Industrial Classification (“KBLI”) codes.
     (“KBLI”). Perubahan ini telah disetujui oleh                    The amendment was approved by the Minister of
     Menteri Hukum Republik Indonesia dalam Surat                    Law of the Republic of Indonesia through the
     Persetujuan     Perubahan      Anggaran     Dasar               Approval Letter for the Amendment to the Articles of
     No. AHU-0148297.AH.01.11.Tahun 2026 tanggal                     Association No. AHU-0148297.AH.01.11.Tahun
     3 Juli 2026.                                                    2026 dated July 3, 2026.

     BIL berkedudukan di Suncity Biz Ruko Blok C-06,                 BIL is domiciled in Suncity Biz Ruko Blok C-06,
     Jl. Arteri Porong Baru Wunut Porong, Jawa Timur.                Jl. Arteri Porong Baru Wunut Porong, East Java. The
     Komposisi kepemilikan Perusahaan atas BIL melalui               ownership composition of the Company through
     Beta Holding Cella Pte. Ltd. (”BHC”) dan Two Master             Beta Holding Cella Pte. Ltd. (”BHC”) and Two Master
     Holding Cella Pte. Ltd. (“TMHC”), entitas-entitas               Holding Cella Pte. Ltd. (“TMHC”), subsidiaries with
     anak dengan kepemilikan saham masing-masing                     71.40% share ownership, respectively, is 99.98%
     71,40%, adalah sebesar 99,98% dan 0,02%.                        and 0.02%.




                                                           16
Page 27
                                                                 The original unaudited pro forma interim consolidated financial
                                                                                          information included herein are in the
                                                                                                          Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                  PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                  NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                     INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                      INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                       As of June 30, 2026 and
         periode enam bulan yang berakhir                                     for the six-month period
             pada tanggal 30 Juni 2026                                           ended June 30, 2026
              (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                           1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                               TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                       TRANSACTION PLAN (continued)

     PT CRE BIL Indonesia (“CBI”)                                     PT CRE BIL Indonesia (“CBI”)

     CBI didirikan di Indonesia berdasarkan Akta Notaris              CBI established in Indonesia based on Notarial
     Moch Rizky, S.H., M.Kn. No. 11 tanggal                           Deed No. 11 of Moch Rizky, S.H., M.Kn. dated
     11 Mei 2021 dan telah memperoleh persetujuan                     May 11, 2021 and was approved by the
     dari Menteri Hukum dan Hak Asasi Manusia                         Minister of Law and Human Rights of the
     Republik Indonesia dalam Surat Keputusan                         Republic of Indonesia in his Decision Letter
     No. AHU-0032783.AH.01.01.Tahun 2021 tanggal                      No. AHU-0032783.AH.01.01.Tahun 2021 dated
     19 Mei 2021. Anggaran Dasar Perusahaan telah                     May 19, 2021. The Company’s Articles of
     mengalami beberapa kali perubahan, terakhir                      Association has been amended for several times,
     dengan Akta Jose Dima Satria, S.H., M.Kn. No. 18                 most recently through Notarial Deed No. 18 of Jose
     tanggal 5 Maret 2025 mengenai perubahan susunan                  Dima Satria, S.H., M.Kn., dated March 5, 2025
     Dewan Komisaris dan Direksi Perusahaan.                          pertaining to the changes on composition of Boards
     Perubahan ini telah diterima dan disetujui oleh                  of Commissioners and Directors. The amendment
     Menteri Hukum Republik Indonesia dalam Surat                     has been notified and approved by Minister of Law
     No. AHU-AH.01.09-0127809 tanggal 7 Maret 2025.                   of the Republic of Indonesia in Letter
                                                                      No. AHU-AH.01.09-0127809 dated March 7, 2025.

     CBI berkedudukan di Gedung Alamanda Tower                        CBI is domiciled in Gedung Alamanda Tower Lantai
     Lantai 25, Jl. TB Simatupang, Kelurahan Cilandak,                25, Jl. TB Simatupang, Sub-district of Cilandak,
     Kecamatan Cilandak, DKI Jakarta. Komposisi                       District of Cilandak, DKI Jakarta. The ownership
     kepemilikan Perusahaan atas CBI melalui Charlie                  composition of the Company through Charlie
     Holding Cella Pte. Ltd. (”CHC”) dan Master Holding               Holding Cella Pte. Ltd. (”CHC”) and Master Holding
     Cella Pte. Ltd. (“MHC”), entitas-entitas anak dengan             Cella Pte. Ltd. (“MHC”), subsidiaries with 71.40%
     kepemilikan saham masing-masing 71,40%, adalah                   share ownership, respectively, is 99.52% and
     sebesar 99,52% dan 0,48%.                                        0.48%.

     Latar belakang pelaksanaan rencana transaksi                     Background to the implementation of the transaction
                                                                      plan

     Informasi keuangan konsolidasian interim proforma                This pro forma interim consolidated financial
     ini disusun dan disajikan oleh manajemen                         information was prepared and presented by the
     Perusahaan untuk memenuhi Peraturan Otoritas                     Company’s      management        to   comply   with
     Jasa Keuangan (”POJK”) No. 17/POJK.04/2020                       Otoritas Jasa Keuangan (“OJK”) Regulation No.
     tentang “Transaksi Material dan Perubahan                        17/POJK.04/2020 regarding “Material Transactions
     Kegiatan Usaha” sehubungan dengan transaksi                      and Change of Business Activities” in connection
     material yang akan dibahas di bawah ini.                         with the material transaction discussed below.

     Penjualan saham objek penjualan                                  Sales shares of sales objects

     Manajemen Grup berencana menjual seluruh saham                   The Group’s management plans to sell all shares
     milik Grup dalam CML, CAL, CCL, CEL, CGL, BIL,                   owned by the Group in the CML, CAL, CCL, CEL,
     dan CBI (“Objek Penjualan”) (“Transaksi”) kepada                 CGL, BIL, and CBI (“Sales Objects”) ("Transaction")
     pihak ketiga.                                                    to a third party.

     Pada tanggal 3 Agustus 2026, Perusahaan dan para                 On 3 August 2026, the Company and the
     pemegang saham masing-masing entitas anak                        shareholders of each of the aforementioned
     diatas (secara kolektif disebut sebagai ”Penjual”)               subsidiaries (collectively referred to as the “Sellers”)
     dengan Nusantara Logistics Investments Pte. Ltd.                 entered into a Conditional Sale and Purchase
     (”Pembeli”) menandatangani Perjanjian Jual dan                   Agreement (“CSPA”) with Nusantara Logistics
     Beli Bersyarat (”PJBB”) atas seluruh saham yang                  Investments Pte. Ltd. (the “Buyer”) for the sale and
     dimiliki Penjual di CML, CAL, CCL, CEL, CGL, BIL,                purchase of all shares held by the Sellers in CML,
     dan CBI.                                                         CAL, CCL, CEL, CGL, BIL, and CBI.
                                                            17
Page 28
                                                                 The original unaudited pro forma interim consolidated financial
                                                                                          information included herein are in the
                                                                                                          Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                  PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                  NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                     INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                      INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                       As of June 30, 2026 and
         periode enam bulan yang berakhir                                     for the six-month period
             pada tanggal 30 Juni 2026                                           ended June 30, 2026
              (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)

1.   INFORMASI UMUM DAN LATAR BELAKANG                           1.   GENERAL INFORMATION AND BACKGROUND
     PELAKSANAAN    RENCANA   TRANSAKSI                               TO   THE   IMPLEMENTATION    OF THE
     (lanjutan)                                                       TRANSACTION PLAN (continued)

     Latar belakang pelaksanaan rencana transaksi                     Background to the implementation of the transaction
     (lanjutan)                                                       plan (continued)

     Penjualan saham objek penjualan (lanjutan)                       Sales shares of sales objects (continued)

     Syarat-syarat       pendahuluan      (”Persyaratan”)             Conditions precedent (”Conditions”) are the
     merupakan syarat dan ketentuan penting yang                      significant terms and conditions agreed upon as
     disepakati sebagaimana tercantum dalam PJBB                      stated in the CSPA, which must be fulfilled by the
     yang harus dipenuhi Penjual dan Pembeli sebelum                  Sellers and Purchaser before June 30, 2026 or any
     tanggal 30 Juni 2026, atau tanggal lain yang                     other date the Sellers and Purchasers may agree
     disetujui Penjual dan Pembeli secara tertulis.                   upon in writing. The Conditions is the Sellers having
     Persyaratan tersebut adalah Penjual telah                        delivered the draft resolution of the shareholders of
     menyampaikan rancangan keputusan pemegang                        the CAL, CCL, CEL, CML, CGL, BIL, and CBI for:
     saham CAL, CCL, CEL, CML, CGL, BIL, dan CBI
     untuk:
         (i) menyerahkan resolusi         Direksi yang                    (i) submit the Board of Directors’ resolutions
               menyetujui pelaksanaan PJBB;                                     approving the execution of the CSPA;
         (ii) menyerahkan Disclosure Letter dan PJBB                      (ii) provide the executed Disclosure Letter and
               yang telah ditandatangani;                                       CSPA;
         (iii) menyerahkan Equity Commitment Letter                       (iii) deliver the Equity Commitment Letter to the
               kepada Penjual                                                   Sellers;
         (iv) tidak melakukan transaksi material dengan                   (iv) refrain from entering into any material
               nilai lebih dari Rp2.500.000.000 tanpa                           transactions exceeding Rp2,500,000,000
               persetujuan Pembeli, seperti mengakuisisi                        without the Buyer’s consent, including the
               aset, menambah pinjaman, atau transaksi                          acquisition of assets, incurrence of
               pengeluaran material lainnya;                                    additional borrowings, or other material
                                                                                expenditure transactions;
         (v) tidak mengubah anggaran dasar, kebijakan                     (v) refrain from making any material
             akuntansi atau perpajakan secara material,                         amendments to the articles of association,
             dan membuat kesepakatan material                                   accounting policies, or tax policies, and
             dengan otoritas perpajakan;                                        from entering into any material agreements
                                                                                with tax authorities
         (vi) tidak mengubah remunerasi, memberikan                       (vi) refrain from changing remuneration,
               bonus     atau      manfaat    khusus,                           granting bonuses or special benefits,
               memberhentikan,     dan     mengangkat                           terminating,      or   appointing    senior
               karyawan senior;                                                 employees;
         (vii) penunjukan calon anggota Direksi dan                       (vii) facilitate the appointment of proposed
               Dewan Komisaris oleh Pembeli;                                    members of the Board of Directors and
                                                                                Board of Commissioners nominated by the
                                                                                Buyer.

     Apabila sampai dengan tanggal yang telah                         If by the specified date, one or more conditions are
     ditentukan, satu atau lebih syarat tidak terpenuhi,              not fulfilled, and the date for fulfilling the conditions
     dan tanggal pemenuhan syarat-syarat pendahuluan                  precedent has not been modified by both parties,
     belum diubah oleh kedua belah pihak, dan syarat                  and the conditions have not been waived, then as
     tersebut     belum      dikesampingkan,      maka                stipulated in the CSPA, the CSPA will terminate.
     sebagaimana diatur dalam PJBB, PJBB akan
     berakhir.




                                                            18
Page 29
                                                                     The original unaudited pro forma interim consolidated financial
                                                                                              information included herein are in the
                                                                                                              Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                      PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                      NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                         INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                          INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                           As of June 30, 2026 and
         periode enam bulan yang berakhir                                         for the six-month period
             pada tanggal 30 Juni 2026                                               ended June 30, 2026
              (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
               kecuali dinyatakan lain)                                           unless otherwise stated)

2.   SUMBER LAPORAN INFORMASI KEUANGAN                               2.   SOURCE    OF   HISTORICAL                   FINANCIAL
     HISTORIS                                                             INFORMATION REPORT

     Informasi keuangan historis Grup diambil dari                        The Group’s historical financial information are
     laporan keuangan konsolidasian interim yang                          taken from the interim consolidated financial
     disusun dan disajikan oleh manajemen Perusahaan                      statements prepared and presented by the
     sesuai dengan Standar Akuntansi Keuangan di                          Company’s management in accordance with
     Indonesia, dan telah direviu oleh KAP Purwanto                       Indonesian Financial Accounting Standards, and
     Susanti dan Surja (“KAP PSS”) (auditor independen                    have been reviewed by KAP Purwanto Susanti dan
     Perusahaan) berdasarkan Standar Perikatan Reviu                      Surja (“KAP PSS”) (the independent auditors of the
     2410 (Revisi 2023), “Reviu atas Informasi Keuangan                   Company) based on Standard on Review
     Interim yang Dilaksanakan oleh Auditor Independen                    Engagements 2410 (Revised 2023), “Review of
     Entitas”, yang ditetapkan oleh Institut Akuntan Publik               Interim Financial Information Performed by the
     Indonesia (“IAPI”).                                                  Independent Auditor of the Entity”, established by
                                                                          the Indonesian Institute of Certified Public
                                                                          Accountants (“IICPA”).

     Informasi keuangan historis dari Objek Penjualan                     The historical financial information of the Sales
     diambil dari laporan keuangan interim pada tanggal                   Objects are taken from the interim financial
     30 Juni 2026 dan untuk periode enam bulan yang                       statements as of June 30, 2026 and for the
     berakhir pada tanggal tersebut yang telah diaudit                    six-month period then ended which have been
     oleh KAP PSS dengan opini tanpa modifikasian.                        audited by KAP PSS with unmodified opinion.


3.   ASUMSI-ASUMSI DASAR SIGNIFIKAN YANG                             3.   SIGNIFICANT BASIC ASSUMPTIONS USED IN
     DIGUNAKAN DALAM PENYUSUNAN INFORMASI                                 THE PREPARATION OF THE UNAUDITED
     KEUANGAN     KONSOLIDASIAN    INTERIM                                PRO    FORMA   INTERIM  CONSOLIDATED
     PROFORMA YANG TIDAK DIAUDIT                                          FINANCIAL INFORMATION

     Informasi keuangan konsolidasian interim proforma                    This pro forma interim consolidated information:
     ini: (i) disajikan berdasarkan informasi, estimasi, dan              (i) is presented based on currently available
     asumsi yang tersedia saat ini yang diyakini wajar                    information, estimates, and assumptions that the
     oleh manajemen Perusahaan pada tanggal                               Company’s management believes are reasonable
     penerbitan informasi keuangan konsolidasian                          as of the date of the issuance of this pro forma
     interim proforma ini, asumsi-asumsi ini dapat                        interim consolidated financial information, the
     berbeda dengan transaksi aktualnya di masa depan,                    assumptions used may differ from the actual
     (ii) dimaksudkan untuk mengilustrasikan dampak                       transactions that occur in the future, (ii) is intended
     dari transaksi penjualan saham Objek Penjualan                       to illustrate the impact of the sale transaction of the
     pada informasi keuangan konsolidasian Grup yang                      Sales Objects on the unadjusted consolidated
     belum disesuaikan, seolah-olah transaksi tersebut                    financial information of the Group, as if the
     telah terjadi pada tanggal 30 Juni 2026, dan (iii) tidak             transactions had been undertaken on June 30, 2026,
     mencerminkan seluruh keputusan yang diambil oleh                     and (iii) does not reflect all decisions that will be
     Grup setelah penyelesaian Transaksi Material.                        undertaken by the Group after the closing of the
                                                                          Material Transaction.

     Grup menyajikan ikhtisar asumsi-asumsi dasar                         The Group presents the summary of significant basic
     signifikan dan penjelasan atas penyesuaian                           assumptions and the explanation of significant pro
     proforma signifikan pada tanggal 30 Juni 2026 yang                   forma adjustments as of June 30, 2026, used by
     digunakan oleh manajemen dalam penyusunan                            management in the preparation of the unaudited pro
     informasi keuangan konsolidasian interim proforma                    forma interim consolidated financial information as of
     yang tidak diaudit pada tanggal 30 Juni 2026 dan                     June 30, 2026, and for the six-month period then
     untuk periode enam bulan yang berakhir pada                          ended.
     tanggal tersebut.




                                                                19
Page 30
                                                                The original unaudited pro forma interim consolidated financial
                                                                                         information included herein are in the
                                                                                                         Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                 PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                 NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                    INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                     INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                      As of June 30, 2026 and
         periode enam bulan yang berakhir                                    for the six-month period
             pada tanggal 30 Juni 2026                                          ended June 30, 2026
              (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
               kecuali dinyatakan lain)                                      unless otherwise stated)

3.   ASUMSI-ASUMSI DASAR SIGNIFIKAN YANG                        3.   SIGNIFICANT BASIC ASSUMPTIONS USED IN
     DIGUNAKAN DALAM PENYUSUNAN INFORMASI                            THE PREPARATION OF THE UNAUDITED
     KEUANGAN     KONSOLIDASIAN       INTERIM                        PRO    FORMA    INTERIM   CONSOLIDATED
     PROFORMA YANG TIDAK DIAUDIT (lanjutan)                          FINANCIAL INFORMATION (continued)

     Sesuai yang dinyatakan dalam PJBB, harga                        As stipulated in the CSPA, the selling price for the
     penjualan untuk seluruh kepemilikan saham Grup                  Group’s share ownership in the Sales Objects
     pada Objek Penjualan (disebut sebagai “Harga                    (referred as the "Sales Consideration") is amounting
     Penjualan”) adalah sebesar Rp1.357.854.555.036                  to Rp1,357,854,555,036, plus reimbursement of
     ditambah dengan biaya penggantian atas setoran                  CCL's capital injection of Rp9,400,000,000 and less
     modal saham dari CCL sebesar Rp9.400.000.000                    the seller's portion of the 2.5% final tax, which is
     dan dikurangi dengan porsi pajak final sebesar 2,5%             included in the Sales Consideration. Accordingly, the
     yang sudah termasuk dalam Harga Penjualan yang                  estimated cash proceeds to be received amount to
     harus dibayar oleh Penjual sehingga estimasi nilai              Rp1,333,906,882,959.
     arus    kas    yang    akan     diterima     adalah
     Rp1.333.906.882.959.

     Manajemen berkeyakinan bahwa Harga Penjualan                    Management believes that the Sales Consideration
     tersebut telah mencerminkan harga pasar                         reflects a fair market price, based on the valuation
     yang wajar sesuai dengan hasil penilaian                        result from Kantor Jasa Penilaian Publik
     Kantor Jasa Penilaian Publik Ferdinand, Danar,                  Ferdinand, Danar, Ichsan & Rekan for CML, CAL,
     Ichsan & Rekan untuk CML, CAL, CCL, CEL, CGL,                   CCL, CEL, CGL, BIL, and CBI in their reports
     BIL,   dan    CBI   pada   laporannya    dengan                 Number 00181/2.0176-00/BS/03/0213/1/IX/2026,
     nomor      00181/2.0176-00/BS/03/0213/1/IX/2026,                00182/2.0176-00/BS/03/0213/1/IX/2026,
     00182/2.0176-00/BS/03/0213/1/IX/2026,                           00185/2.0176-00/BS/03/0213/1/IX/2026,
     00185/2.0176-00/BS/03/0213/1/IX/2026,                           00186/2.0176-00/BS/03/0213/1/IX/2026,
     00186/2.0176-00/BS/03/0213/1/IX/2026,                           00187/2.0176-00/BS/03/0213/1/IX/2026,
     00187/2.0176-00/BS/03/0213/1/IX/2026,                           00183/2.0176-00/BS/03/0213/1/IX/2026,           and
     00183/2.0176-00/BS/03/0213/1/IX/2026,       dan                 00184/2.0176-00/BS/03/0213/1/IX/2026          dated
     00184/2.0176-00/BS/03/0213/1/IX/2026       pada                 September 21, 2026.
     tanggal 21 September 2026.

     Penyesuaian Proforma                                            Pro forma adjustments

     a.   Kas dan setara kas                                         a.   Cash and cash equivalents

          Penyesuaian proforma atas kas dan setara kas                    The pro forma adjustment for cash and cash
          sebesar Rp1.333.906.882.959 merupakan                           equivalents of Rp1,333,906,882,959 reflects
          penyesuaian dari penerimaan kas hasil                           adjustments from cash receipts from investment
          kegiatan investasi yang berasal dari divestasi                  activities derived from the divestment of CAL,
          CAL, CCL, CEL, CML, CGL, BIL, dan CBI yang                      CCL, CEL, CML, CGL, BIL, and CBI which are
          seluruhnya berasal dari total estimasi Harga                    derived entirely from the total estimated sales
          Penjualan.                                                      price of.

     b.   Piutang lain-lain - pihak berelasi (lancar)                b.   Other receivables - related parties (current)

          Penyesuaian     proforma     atas   piutang                     Pro forma adjustments on the other receivables
          lain-lain  -    pihak    berelasi  sebesar                      - related parties amounting to Rp4,992,287,399,
          Rp4.992.287.399 merupakan penyesuaian                           represents adjustment to eliminate other
          untuk mengeliminasi saldo piutang lain-lain                     receivables balance of CML from the CCL, CAL,
          milik CML dari entitas CCL, CAL, CEL, CGL,                      CEL, CGL, BIL, and CBI related to management
          BIL, dan CBI atas management fee                                fees (Note 3g).
          (Catatan 3g).




                                                           20
Page 31
                                                                   The original unaudited pro forma interim consolidated financial
                                                                                            information included herein are in the
                                                                                                            Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                    PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                    NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                       INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                        INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                         As of June 30, 2026 and
         periode enam bulan yang berakhir                                       for the six-month period
             pada tanggal 30 Juni 2026                                             ended June 30, 2026
              (Disajikan dalam Rupiah,                                            (Expressed in Rupiah,
               kecuali dinyatakan lain)                                         unless otherwise stated)

3.   ASUMSI-ASUMSI DASAR SIGNIFIKAN YANG                           3.   SIGNIFICANT BASIC ASSUMPTIONS USED IN
     DIGUNAKAN DALAM PENYUSUNAN INFORMASI                               THE PREPARATION OF THE UNAUDITED
     KEUANGAN     KONSOLIDASIAN       INTERIM                           PRO    FORMA    INTERIM   CONSOLIDATED
     PROFORMA YANG TIDAK DIAUDIT (lanjutan)                             FINANCIAL INFORMATION (continued)

     Penyesuaian Proforma (lanjutan)                                    Pro forma adjustments (continued)

     c.   Piutang lain-lain - pihak ketiga (lancar)                     c.   Other receivables - third parties (current)

          Penyesuaian     proforma     atas    piutang                       Pro forma adjustments on the other receivables
          lain-lain   -    pihak    ketiga    sebesar                        - third parties amounting to Rp1,442,552,025,
          Rp1.442.552.025 merupakan penyesuaian                              represents adjustment to eliminate other
          untuk mengeliminasi saldo piutang lain-lain -                      receivables - related parties balance of NWP
          pihak      berelasi     terhadap       NWP                         (Note 3g).
          (Catatan 3g).

     d.   Properti investasi – neto                                     d.   Investment properties - net

          Penyesuaian proforma atas properti investasi -                     Pro forma adjustments on the investment
          neto sebesar Rp48.842.819.881 merupakan                            properties     -      net    amounting   to
          penyesuaian untuk mengeliminasi kapitalisasi                       Rp48,842,819,881, represents adjustment to
          biaya manajemen dari entitas CML terhadap                          eliminate capitalization of management fees
          CCL dan CEL.                                                       charged by CML to CCL and CEL.

     e.   Aset keuangan tidak lancar lainnya                            e.   Other non-current financial assets

          Penyesuaian proforma atas aset keuangan                            Pro forma adjustments on the other non-current
          tidak lancar lainnya sebesar Rp8.185.772.672                       financial assets amounting to Rp8,185,772,672,
          merupakan efek penyesuaian ke aset tidak                           represents an adjustment to other non-current
          lancar lainnya yang timbul dari divestasi entitas                  assets arising from the divestment of a
          anak.                                                              subsidiary.

     f.   Aset tidak lancar lainnya                                     f.   Other non-current assets

          Penyesuaian proforma atas aset tidak lancar                        Pro forma adjustments on the other non-current
          lainnya sebesar Rp8.185.772.672 merupakan                          assets   amounting      to  Rp8,185,772,672,
          efek penyesuaian dari aset keuangan tidak                          represents an adjustment from other non-
          lancar lainnya yang timbul dari divestasi entitas                  current financial assets arising from the
          anak.                                                              divestment of a subsidiary.

     g.   Utang lain-lain - pihak berelasi (jangka                      g.   Other payables - related parties (current)
          pendek)

          Penyesuaian proforma atas utang lain-lain -                        The pro forma adjustment to other payables -
          pihak berelasi (jangka pendek) sebesar                             related parties (current) amounting to
          Rp4.992.287.399 merupakan penyesuaian                              Rp4,992,287,399 represents an adjustment to
          untuk mengeliminasi saldo utang lain-lain                          eliminate the current other payables balance of
          milik CAL, CCL, CEL, CGL, dan BIL                                  CAL, CCL, CEL, CGL, and BIL to CML (Note 3b)
          kepada CML (Catatan 3b) dan sebesar                                and      amounting      to    Rp1,442,552,025,
          Rp1.442.552.025 milik CML kepada entitas                           representing CML's payable balance to other
          dalam Grup (Catatan 3c).                                           entities within the Group (Catatan 3c).




                                                              21
Page 32
                                                                      The original unaudited pro forma interim consolidated financial
                                                                                               information included herein are in the
                                                                                                               Indonesian language.

           PT CITY RETAIL DEVELOPMENTS Tbk                                   PT CITY RETAIL DEVELOPMENTS Tbk
                  DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
          CATATAN ATAS INFORMASI KEUANGAN                                   NOTES TO THE UNAUDITED PRO FORMA
           KONSOLIDASIAN INTERIM PROFORMA                                      INTERIM CONSOLIDATED FINANCIAL
              YANG TIDAK DIAUDIT (lanjutan)                                       INFORMATION (continued)
              Tanggal 30 Juni 2026 dan untuk                                        As of June 30, 2026 and
             periode enam bulan yang berakhir                                      for the six-month period
                 pada tanggal 30 Juni 2026                                            ended June 30, 2026
                  (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
                   kecuali dinyatakan lain)                                        unless otherwise stated)

3.   ASUMSI-ASUMSI DASAR SIGNIFIKAN YANG                              3.   SIGNIFICANT BASIC ASSUMPTIONS USED IN
     DIGUNAKAN DALAM PENYUSUNAN INFORMASI                                  THE PREPARATION OF THE UNAUDITED
     KEUANGAN     KONSOLIDASIAN       INTERIM                              PRO    FORMA    INTERIM   CONSOLIDATED
     PROFORMA YANG TIDAK DIAUDIT (lanjutan)                                FINANCIAL INFORMATION (continued)

     Penyesuaian Proforma (lanjutan)                                       Pro forma adjustments (continued)

     h.     Ekuitas                                                        h.   Equity

            Penyesuaian proforma atas ekuitas merupakan                         The pro forma adjustment to equity pertains to
            eliminasi modal saham, tambahan modal                               the elimination of share capital, additional paid-
            disetor, uang muka setoran modal, saldo defisit,                    in capital, advances for capital subscription,
            dan penghasilan komprehensif lain milik CML,                        accumulated deficits, and other comprehensive
            CAL, CCL, CEL, CGL, BIL, dan CBI                                    income of CML, CAL, CCL, CEL, CGL, BIL, and
            masing-masing sebesar Rp1.054.570.400.000,                          CBI, amounting to Rp1,054,570,400,000,
            Rp171.186.000.000,        Rp132.700.000.000,                        Rp171,186,000,000,         Rp132,700,000,000,
            Rp128.499.784.542, dan Rp2.276.150.466.                             Rp128,499,784,542, and Rp2,276,150,466,
                                                                                respectively.

     i.     Kepentingan nonpengendali                                      i.   Non-controlling interests

            Penyesuaian proforma atas kepentingan                               Pro forma adjustment on non-controlling
            nonpengendali    merupakan     penghapusan                          interests represents the write-off of non-
            kepentingan nonpengendali milik Double                              controlling interests of Double Groove
            Groove Commercial Ltd. dan CRE Pte. Ltd.                            Commercial Ltd. and CRE Pte. Ltd amounting to
            masing-masing sebesar Rp155.069.237.848                             Rp155,069,237,848, respectively due to the
            dikarenakan pelaksanaan Transaksi.                                  implementation of the Transaction.

     j.     Keuntungan atas divestasi entitas anak                         j.   Gain on divestment of subsidiaries

            Penyesuaian proforma atas rugi operasi                              The pro forma adjustment to operating loss
            tercermin pada keuntungan atas divestasi                            reflects a gain on divestment amounting to
            sebesar Rp201.338.008.468 yang timbul dari                          Rp201,338,008,468, arising from the difference
            selisih antara Harga Penjualan dengan divestasi                     between the Sales Consideration and the
            total aset dan liabilitas entitas anak, serta efek                  divestment of subsidiaries’ total assets and
            eliminasi dan penyesuaian proforma.                                 liabilities disposed of, as well as the effects of
                                                                                elimination entries and other pro forma
                                                                                adjustments.


4.   PERSETUJUAN DAN OTORISASI INFORMASI                              4. APPROVAL   AND    AUTHORIZATION     OF
     KEUANGAN    KONSOLIDASIAN    INTERIM                                UNAUDITED    PRO     FORMA     INTERIM
     PROFORMA YANG TIDAK DIAUDIT                                         CONSOLIDATED FINANCIAL INFORMATION

     Manajemen Perusahaan bertanggung jawab atas                           The Company’s management is responsible for the
     penyusunan dan penyajian wajar informasi                              preparation and fair presentation of the unaudited
     keuangan konsolidasian interim proforma yang tidak                    pro forma interim consolidated financial information
     diaudit sesuai dengan asumsi transaksi yang                           based on the assumptions described in
     dijelaskan dalam catatan-catatan di atas, yang telah                  accompanying notes above, which was approved
     disetujui dan diotorisasi untuk diterbitkan oleh Direksi              and authorized for issuance by the Board of Directors
     Perusahaan pada tanggal 21 September 2026.                            on September 21, 2026.




                                                                 22
Page 33
                                                                  The original unaudited pro forma interim consolidated financial
                                                                                           information included herein are in the
                                                                                                           Indonesian language.

       PT CITY RETAIL DEVELOPMENTS Tbk                                  PT CITY RETAIL DEVELOPMENTS Tbk
              DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
      CATATAN ATAS INFORMASI KEUANGAN                                  NOTES TO THE UNAUDITED PRO FORMA
       KONSOLIDASIAN INTERIM PROFORMA                                     INTERIM CONSOLIDATED FINANCIAL
          YANG TIDAK DIAUDIT (lanjutan)                                      INFORMATION (continued)
          Tanggal 30 Juni 2026 dan untuk                                       As of June 30, 2026 and
         periode enam bulan yang berakhir                                     for the six-month period
             pada tanggal 30 Juni 2026                                           ended June 30, 2026
              (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
               kecuali dinyatakan lain)                                       unless otherwise stated)

4.   PERSETUJUAN DAN OTORISASI INFORMASI                          4. APPROVAL    AND  AUTHORIZATION    OF
     KEUANGAN    KONSOLIDASIAN        INTERIM                        UNAUDITED    PRO   FORMA     INTERIM
     PROFORMA YANG TIDAK DIAUDIT (lanjutan)                          CONSOLIDATED FINANCIAL INFORMATION
                                                                     (continued)

     Informasi keuangan konsolidasian interim proforma                The unaudited pro forma interim consolidated
     yang tidak diaudit ini diterbitkan semata-mata hanya             financial information has been prepared solely in
     sehubungan dengan rencana Grup untuk melakukan                   connection with proposed plan of the Group to sell all
     penjualan seluruh saham Objek Penjualan dan                      shares of Sales Objects and the use of part of the
     penggunaan sebagian dana hasil penjualan saham                   proceeds from the sale of shares to buyback some
     tersebut untuk pembelian kembali sebagian saham                  of the Company’s shares as required under the
     Perusahaan sebagaimana disyaratkan dalam                         Financial Services Authority (“OJK”) Regulation
     Peraturan Otoritas Jasa Keuangan (“OJK”)                         No.17/POJK.04/2020, dated on April 20, 2020
     No.17/POJK.04/2020 tanggal 20 April 2020 tentang                 regarding the Material Transactions and Change of
     Transaksi Material dan Perubahan Kegiatan Usaha,                 Business Activities, and is not intended to be, and
     serta tidak ditujukan, dan tidak diperkenankan, untuk            should not be, used for any other purposes.
     digunakan untuk tujuan lainnya.




                                                             23

File

File Open PDF
Source IDX
Size0.6 MB
Published29 Sep 2026
Pages33
Characters222,111
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 0 people and organisations named in the text · linked when the evidence is strong

The name pass has not read this document yet.

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

Rule parser Needs review confidence 0.091 4649 ms 30 Sep 2026 09:21

missing: transaction_date, object_text

Raw output
{'appraiser_exempt': None,
 'appraiser_name': '',
 'assets': [],
 'currency': None,
 'fact_type': '',
 'issuer_name': '',
 'kind': 'MATERIAL_FACT',
 'kjpp_name': '',
 'letter_number': '',
 'object_text': '',
 'object_truncated': False,
 'parties': [],
 'pct_of_equity': None,
 'reference_period': '',
 'requires_rups': None,
 'rups_date': None,
 'ticker': '',
 'transaction_date': None,
 'valuation_date': None,
 'value': None}
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