20250820_BBCA_Tanggapan atas Permintaan Penjelasan Bursa_31933966_lamp1.pdf

0302210324

2NI-000000001002

No. 0196/CORSEC/2025 Jakarta, 20 August 2025

To:

PT Bursa Efek Indonesia

Indonesia Stock Exchange Building, Tower 1, 6th floor
Jl. Jend. Sudirman Kav. 52 - 53

Jakarta 12190

Attn. - Mr. I Gede Nyoman Yetna — Director of Listing
- Mr. Adi Pratomo Aryanto — Head of Listing 2 Division

Subject : Response to Indonesia Stock Exchange's Letter No. S-09602/BEI.PP2/08-2025
dated August 19", 2025 regarding Reguests for Clarification of News in Media

Dear Sirs,

Pursuant to Indonesia Stock Exchange”s Letter No. S-09602/BEI.PP2/08-2025 dated August 19", 2025
regarding the Reguest for Clarification of News in Media as follows:

Sasmito menduga adanya rekayasa dalam akuisisi 5196 persen saham BCA oleh Djarum Grup, kerajaan
bisnis milik Budi Hartono di era Megawati.

“Pada waktu itu, pada Desember 2002, nilai sahamnya (BCA) Rp 117 triliun. Dalam buku, BCA
mempunyai utang ke negara Rp 60 triliun, diangsur Rp 7 triliun setiap tahunnya,” katanya.

English translation :

Sasmito suspected that there was manipulation in the acguisition of 51 percent of BCA's shares by
Djarum Group, Budi Hartono's business empire, during Megawati's era.

"At that time, in December 2002, the value of its shares (BCA) was IDR 117 trillion. In its book, BCA
had a debt to the state of IDR 60 trillion, paid in installments of IDR 7 trillion every year," he said.

Hereby, PT Bank Central Asia Tbk (“BCA” or “Company”) would like to convey the following:

1. The information stating that the purchase of 51Y6 of BCA's shares for around IDR 5 trillion only
was allegedly unlawful because BCA's market value at the time was around IDR 117 trillion, is not
true.

The IDR 117 trillion figure freguently cited in the narrative refers to BCA's total assets, not its
market value. Market value is determined by a company's share price on the stock exchange,
multiplied by the total number of outstanding shares. Following BCA's Initial Public Offering
(IPO) in 2000, the Company's share price has been determined by market mechanism.

During the strategic private placement, BCA's market value — based on the average share price on
the Indonesia Stock Exchange (IDX) — was approximately IDR 10 trillion. This figure served as
a valuation reference at the time of the transaction, not around IDR 117 trillion. Thus, the
acguisition value of 51Y6 shares by the FarIndo consortium that won through the tender reflects the

PT BANK CENTRAL ASIA TBK

Menara BCA, Grand Indonesia, 31. M.H. Thamrin No.1, Jakarta 10310, Telp. (021) 2358-8000