20251017_IPCM_Laporan Pengalihan Saham Hasil Buy Back_31968076_lamp3.pdf

 I. DEFINITIONS

 IDX                                   :   Indonesia Stock Exchange, where the Company’s shares are listed and
                                           traded.
 Information Disclosure                :   Information provided by the Company as stated in this announcement.
 Buyback Disclosure                    :   Disclosure regarding the Company’s share buyback, detailed in the
                                           Introduction section.
 OJK                                   :   Financial Services Authority, an independent institution regulating and
                                           supervising financial services in Indonesia.
 Company                               :   PT Jasa Armada Indonesia Tbk, a publicly listed company under
                                           Indonesian law.
 POJK No. 2/2013                       :   Regulation on share buybacks during significant market fluctuations
                                           (replaced by POJK No. 13/2023).
 POJK No. 13/2023                      :   Regulation on maintaining market performance and stability during
                                           significant fluctuations.
 POJK No. 30/ 2017                         Regulation on share buybacks by public companies (replaced by POJK
                                           No. 29/2023).
 POJK No. 29/2023                      :   Latest regulation on share buybacks by public companies.
 Treasury Shares                       :   Shares bought back by the Company and held by the Company.
 GMS                                   :   General Meeting of Shareholders, the highest decision        - making body in
                                           a public company.

 II. INTRODUCTION

Referring to:
1. The Company’s Letter No. KU            - 209/19/3/1/MS - 20 dated March 19, 2020 regarding Disclosure of
     Information on the Company’s Share Buyback Plan;
2. The Company’s Letter No. KU          - 209/19/6/1/MS - 20 dated June 19, 2020 regarding the Report on the
     Implementation of the Share Buyback of PT Jasa Armada Indonesia Tbk (“the Company”);
3. The Company’s Letter No. KU - 209/4/8/1/MS - 20 dated August 4, 2020 regarding Disclosure of Information
     on the Company’s Phase II Share Buyback Plan; and
4. The Company’s Letter No. KU         - 209/1/10/1/MS - 20 dated October 1, 2020 regarding the Report on the
     Implementation of the Phase II Share Buyback of PT Jasa Armada Indonesia Tbk (“the Company”).
The Company previously conducted share buybacks without GMS approval under POJK No. 2/2013, with the
following details:
    Buyback Program             Disclosure Date             Buyback Period          Average Buyback         Number
                                                                                           Price          of Shares
  Phase I                       March 19, 2020           Mar 20 – Jun 18, 2020            Rp168 .4444      3,391 ,100
  Phase II                      August 4, 2020            Aug 5 – Sep 30, 2020            Rp225 .059 0 4,648 ,700
  Total                                                                                                   8,039 ,800

Referring to:
1. The Company’s Letter No. HM.03.06/17/9/1/KGC/SPR/JAI                   - 25 dated September 17, 2025 regarding
     Disclosure of Information on the Plan to Divest Treasury Shares; and
2. The Company’s Letter No. KU.01.08/16/10/1/KGC/SPR/JAI                  - 25 dated October 16, 2025 regarding the
     Progress Report on the Re - divestment of Shares from the Buyback          .
We hereby inform you that the Company has         relea sed Treasury Shares Phase I as follow s:
    Release of Treasury                    Period                  Average Price per              Number of Shares
            S hares                                                       Share
            Phase I                Oc tober 1- 13, 2025                Rp305 .5525                            3,391 ,100

Thus, the remaining Treasury Shares of the Company are as follows       :
   Buyback Program             Disclosure Date              Buyback Period            Average Buyback         Number
                                                                                            Price            of Shares
 Phase II                       August 4, 2020            Aug 5 – Sep 30, 2020             Rp225 .059 0      4,648 ,700
 Total                                                                                                       4,648 ,700

Furthermore, the Company currently intends to       transfer and/or sell the Treasury Shares in a maximum amount
of 4,648,700 (four million six hundred forty - eight thousand seven hundred) shares.

Referring to Article 13 of OJK Regulation No. 13/2023 in conjunction with Article 4             9 of OJK Regulation No.
29/2023, the transfer of the Company’s Treasury Shares shall still comply with the provisions stipulated in OJK
Regulation No. 30/2017. The planned transfer of Treasury Shares will be carried out through a sale on the Stock
Exchange or IDX, and may be conducted without obtaining approval from the General Meeting of Shareholders
(GMS) in accordance with Article 17 letter a in conjunction with Article 18 of OJK Regulation No. 30/2017.

Therefore, referring to Article 23 of OJK Regulation No. 30/2017, regarding the plan to sell/transfer the Treasury
Shares, the Company is required to announce the information disclosure to the public and submit proof of the
announcement along with supporti ng documents to the Financial Services Authority no later than 14 (fourteen)
days prior to the execution of the sale of shares resulting from the buyback.

 III. PLAN FOR TRANSFER OF TREASURY SHARES

 Appointed IDX Member                   :   PT BNI Sekuritas
 Transfer /Selling Period               :   October 31 – November 30, 2025
 Number of Shares to be                 :   Up to 4,648 ,700 shares
 Transferred /Sold
 Transfer /Selling Price                :   As regulated under POJK No. 30/2017

The Company shall disclose all relevant information pertaining to the implementation of the transfer of treasury
shares in strict compliance with prevailing regulations, including but not limited to the provisions stipulated under
the Financial Services Au thority (OJK) regulations.

 IV. ADDITIONAL INFORMATION

Shareholders who require additional information regarding the Transfer of Shares resulting from the Company's
Share Buyback may contact the Company during its regular business days and hours at the address provided
below:

                                                   Corporate Secretary
                                           PT Jasa Armada Indonesia Tbk
             Pelindo Tower, 8th & 9th Floor, Jl. Yos Sudarso No.9, Koja District, North Jakarta 14230
                                                   Phone: 021 - 4306789
                                           Email: corsec@ipcmarine.co.id
                                          Website: https://ipcmarine.co.id/

                                                Jakarta, Octo ber 17, 2025
                                                    Board of Directors