20250702_FAST_Laporan Informasi dan Fakta Material_31911078_lamp1.pdf

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     DISCLOSURE OF INFORMATION IN CONNECTION WITH MATERIAL
                         TRANSACTIONS


THIS INFORMATION DISCLOSURE IS MADE AND INTENDED IN ORDER TO COMPLY
WITH (I) FINANCIAL SERVICES AUTHORITY (OJK) REGULATION NUMBER
17/POJK.04/2020 DATED APRIL 20, 2020 CONCERNING MATERIAL TRANSACTIONS
AND CHANGES IN MAIN BUSINESS ACTIVITIES ("POJK 17"); (II) REGULATION OF THE
FINANCIAL SERVICES AUTHORITY NUMBER 42/POJK.04/2020 OF 2020 CONCERNING
AFFILIATE TRANSACTIONS AND CONFLICTS OF INTEREST TRANSACTIONS ("POJK
42"); AND (III) FINANCIAL SERVICES AUTHORITY REGULATION NUMBER
31/POJK.04/2015 DATED DECEMBER 22, 2015 CONCERNING DISCLOSURE OF
INFORMATION OR MATERIAL FACTS BY ISSUERS OR PUBLIC COMPANIES.

THE INFORMATION AS STATED IN THIS INFORMATION DISCLOSURE IS IMPORTANT TO BE
READ AND CONSIDERED BY THE COMPANY'S SHAREHOLDERS.

IF YOU HAVE DIFFICULTY UNDERSTANDING THE INFORMATION AS SET OUT IN THIS
DISCLOSURE, YOU SHOULD CONSULT WITH A LEGAL ADVISOR, PUBLIC ACCOUNTANT,
FINANCIAL ADVISOR OR OTHER PROFESSIONAL.

THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF THE
COMPANY EITHER INDIVIDUALLY OR JOINTLY ARE FULLY RESPONSIBLE FOR THE
TRUTH AND COMPLETENESS OF ALL INFORMATION OR MATERIAL FACTS
CONTAINED IN THIS INFORMATION DISCLOSURE. THE COMPANY'S BOARD OF
DIRECTORS AND BOARD OF COMMISSIONERS DECLARE THE COMPLETENESS OF
THE INFORMATION AS DISCLOSED IN THIS INFORMATION DISCLOSURE AND
AFTER CONDUCTING CAREFUL RESEARCH, AFFIRM THAT AND TO THE BEST OF
THEIR KNOWLEDGE AND BELIEF, THE INFORMATION CONTAINED IN THIS
INFORMATION DISCLOSURE IS TRUE AND NO MATERIAL MATERIAL FACTS
CONTAINED IN THIS INFORMATION DISCLOSURE ARE TRUE AND RELEVANT THAT
ARE NOT DISCLOSED OR OMITTED IN THIS INFORMATION DISCLOSURE SO THAT
CAUSE THE INFORMATION PROVIDED IN THIS INFORMATION DISCLOSURE TO BE
FALSE AND/OR MISLEADING.

AFTER CAREFUL EXAMINATION, THE COMPANY'S BOARD OF DIRECTORS AND
BOARD OF COMMISSIONERS DECLARE THAT THIS TRANSACTION IS A MATERIAL
TRANSACTION THAT DOES NOT CONTAIN A CONFLICT OF INTEREST THAT HAS
THE POTENTIAL TO RESULT IN DISRUPTION OF THE BUSINESS CONTINUITY OF
THE PUBLIC COMPANY AS REFERRED TO IN THE FINANCIAL SERVICES AUTHORITY
REGULATION NUMBER 42/POJK.04/2020 CONCERNING AFFILIATE TRANSACTIONS
AND CONFLICT OF INTEREST TRANSACTIONS DATED JULY 2, 2020 ("POJK 42");.

THE COMPANY'S BOARD OF DIRECTORS, EITHER INDIVIDUALLY OR JOINTLY,
DECLARE THAT THESE MATERIAL AND AFFILIATE TRANSACTIONS HAVE GONE
THROUGH ADEQUATE PROCEDURES TO ENSURE THAT THE MATERIAL AND
AFFILIATE TRANSACTIONS ARE CARRIED OUT IN ACCORDANCE WITH GENERALLY
APPLICABLE BUSINESS PRACTICES.
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                 Main Business Activities:
                       Restaurant

                         Ranked at:
            South Jakarta, DKI Jakarta, Indonesia

                      Head Office:
           Gedung Gelael, Jl. MT. Haryono Kav. 7
             Tebet Barat, Tebet, Jakarta Selatan
                  DKI Jakarta, Indonesia
                Phone: +62 (021) 8301133

                  Website: www.kfcku.com

This information disclosure was published in Jakarta on July 2, 2025




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                                         INTRODUCTION

The Disclosure of Information as stated in this document was made in the context of the execution of
the transaction of the sale of shares owned by PT Fast Food Indonesia, Tbk. (the “Company”) worth
Rp.54,440,100,000 (fifty-four billion four hundred and forty million one hundred thousand Rupiah) in
PT Jagonya Ayam Indonesia, a limited liability company established under the laws of the Republic of
Indonesia, domiciled in South Jakarta and having an integrated chicken farm in the Regency of the
Republic of Indonesia. Banyuwangi ("JAI"), to PT Shankara Fortuna Nusantara, a limited liability
company established under the laws of the Republic of Indonesia, domiciled in South Jakarta, where the
Company retains the Company's shareholding position in JAI as the controlling shareholder by owning
55% (fifty-five percent) of the shares (hereinafter referred to as the “Transaction”).

The Transaction is a transaction that contains elements of material transactions as defined in POJK 17
where the Transaction value is more than 20% (twenty percent) but does not exceed 50% (fifty percent)
of the Company's total equity based on the Company's financial statements for the year ended December
31, 2024 audited by the Public Accounting Firm Purwantono, Sungkoro & Surja is Rp. 127,731,594,000
(one hundred and twenty-seven billion seven hundred and thirty-one million five hundred ninety-four
thousand Rupiah).

The Board of Commissioners and the Board of Directors of the Company declare that this
Transaction is a material transaction as stipulated in POJK 17 and this Transaction does not contain
a conflict of interest that has the potential to result in disruption of the Company's business continuity
as referred to in POJK 42. In connection with the above, in accordance with the provisions of the
applicable laws and regulations, especially POJK 17 and POJK 42, the Company's Board of Directors
declares that the Transaction has been carried out in accordance with generally accepted business
practices and therefore announces this Information Disclosure with the intention of providing
information and a more complete picture to the Company's shareholders regarding the Transactions
that have been carried out by the Company and JAI.

EXPLANATION OF TRANSACTIONS

I       Reason and Background of the Transaction

        The company was established and operates as a company that carries out business activities in
        the restaurant sector. In order to provide certainty of supply and price of raw materials for
        chicken meat, the Company has become the controlling shareholder in JAI which is in the
        process of building an integrated chicken farm on JAI's land covering an area of 8,575,200 m2
        in Kalibaru District, Banyuwangi Regency, East Java Province. Based on the studies that have
        been carried out, JAI can produce as much as 42,000 tons of chicken meat per day or around
        76 million tons in 5 years. That way, JAI can meet the supply needs of chicken meat raw
        materials and processed chicken meat as much as 35% (thirty-five percent) for the Company's
        restaurants within the next 5 years.

        This transaction is part of the Company's strategy to support the expansion and smooth
        operation of the Company. The purpose of this share transfer is to strengthen the funding
        structure in the development stage and support JAI's business growth in the future, including
        but not limited to plans to increase operational capacity, develop business networks, and
        accelerate the implementation of strategic projects. With the new ownership structure, it is
        hoped that the flexibility and efficiency in carrying out JA's business activities can be further
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improved, but still in line with the Company's vision and strategic direction as the controller
of JAI.

II Benefits of Transactions

As for the execution of this Transaction, the Company will obtain the following benefits:

a. The Company continues to maintain as a controlling shareholder with a 55% (fifty-five
percent) shareholding in JAI, which therefore still places the Company as the controlling
shareholder in JAI.

b. By maintaining majority shareholding, the Company can benefit from the efficiency of
the price of chicken meat and processed chicken meat from JAI and increase the
Company's profitability from JAI's integrated chicken farming business activities which
include plantation businesses, feed factories, chicken hatcheries, chicken rearing, chicken
slaughterhouses, and chicken meat processing industries. As for the implementation of
the Transaction, it can open up space for the involvement of other parties in expanding
JAI's competitiveness, operational activities or financial capabilities.

III Details of the transaction

A. Transaction Date

The transaction has been effective on June 30, 2025 after the Deed of Statement of
Shareholders' Decision Outside the General Meeting of Shareholders No. 376 dated June
26, 2025, which was made before Notary Viola Tariza Windianita S.H., M.KN., Notary
in South Jakarta, has received notification and changes to JAI data by the Minister of Law
and Human Rights of the Republic of Indonesia through the Letter of Receipt of
Notification and Change of Company Data No: AHU-AH.01.09-0304297 dated June 30,
2025 ("Deed No. 376").

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