20250622_AMMN_Laporan Informasi dan Fakta Material_31907391_lamp3.pdf

INTRODUCTION

This information disclosure is conveyed to the Company's shareholders in connection with the
amendment to the provisions related to the Company's Management Stock Option Plan ("MSOP
Program") as outlined below.

The issuance of new shares in connection with the implementation of the Company's MSOP
Program has previously been approved by the Company's shareholders based on Deed of
Company's Shareholders Resolutions No. 129 dated 21 March 2023, made before Jose Dima
Satria, S.H., M.Kn., Notary in South Jakarta and has obtained Securities Listing Approval in the
Framework of MSOP Program from the Indonesia Stock Exchange as stipulated in Letter of the
Indonesia Stock Exchange No. S-06911/BEI.PP2/08-2023 dated 16 August 2023.

By way of information, all MSOP Program's participants have exercised their respective option
rights in connection with the MSOP Program in the period of 5 October 2023 to 15 November
2023 in accordance with the allocated number of shares stipulated under the Decree of the
Company's Board of Commissioners No. 028/COM-AP/AMI/II/2023 dated 21 March 2023 and
in accordance with exercise provisions stipulated under the Decree of the Company's Board of
Directors No. 027/DIR-AWS/AMI/II1/2023 dated 21 March 2023 as further amended by the
Decree of the Company's Board of Directors No. 32/AMI/VI/2024 dated 10 June 2024
(collectively referred as “BOD Decree MSOP”).

The issuance of new shares in connection with such exercise of option rights have been
reflected in the amendment of the Company's Articles of Association as stipulated in (i) Deed
of Shareholders Resolutions Amendment to the Articles of Association No. 104 dated 24
October 2023, made before Jose Dima Satria, S.H., M.Kn., Notary in South Jakarta, which has
obtained Notification Receipt of Amendment to the Articles of Association from the Ministry of
Law and Human Rights of the Republic of Indonesia ("MOLHR”) through Letter No. AHU-
AH.01.03-0132845 dated 24 October 2023: and (ii) Deed of Shareholders Resolutions
Amendment to the Articles of Association No. 120 dated 22 November 2023, made before Jose
Dima Satria, S.H., M.Kn., Notary in South Jakarta, which has obtained Notification Receipt of
Amendment to the Articles of Association from the MOLHR through Letter No. AHU-AH.01.03-
0147421 dated 27 November 2023.

PURPOSE AND BACKGR

F THE AMENDMENT TO THE PROVISIONS RELATED
MSOP PROGRAM

THE

The Company refers to the purpose of the MSOP Program, namely, the provision of rewards
and incentives to the management of the Company and its subsidiaries for management's
performance and contribution to the Company

In acknowledgment of the continued dedication and strategic initiatives undertaken by the
Board of Directors to have ensured sustained progress of the Company's smelter
construction and other significant expansion initiatives, the Company deemed it appropriate
to amend certain provisions of the Management Stock Option Program (MSOP) as previously
set forth in the BOD Decree MSOP.

AMENDMENT TO THE PROVISIONS RELATED TO THE MSOP PROGRAM

In connection with the Company's changes to the MSOP Program provisions, the Board of
Directors has stipulated the Company's Board of Directors Decree dated 26 May 2025 (“New
BOD Decree”). Based on the New BOD Decree, the amendments to the MSOP Program
provisions are as follows:

NO.

MSOP PROGRAM
PROVISIONS

BOD DECREE MSOP

NEW BOD DECREE

1.

Lock Up Provisions

MSOP Program's
participants are subject to
the following restrictions
on transfer of  MSOP
shares or encumbrance by
way of pledge or another
similar encumbrance of
MSOP shares:

li) Second Period: 3/4
(three-guarters) of the
MSOP Program's
shares shall be subject
to the Transfer or
Encumbrance
Restriction up to June
2025. Upon the
expiration — of the
Second Period, 2/4
(two-guarters) of the

MSOP Program's
shares shall be
released from the
Transfer of
Encumbrance
Restriction.

(ii) Third Period: 2/4 (two-
guarters) of the MSOP
Program's shares shall
be subject to the
Transfer or
Encumbrance
Restriction up to June
2026. Upon the
expiration of the Third
Period, 3/4 (three
guarters) of the MSOP
Program's shares shall
be released from the
Transfer or

Effective 26 May 2025,
MSOP Program's
participants are no longer
subject to the restrictions
on transfer of MSOP shares
or encumbrance by way of
pledge or another similar
encumbrance of MSOP
shares.

Encumbrance
Restriction.

iii) Fourth Period: 1/4
(one-guarter) of the
MSOP Program's
shares shall be subject
to the Transfer or
Encumbrance
Restriction up to June
2027. Upon the
expiration — of the
Fourth — Period, all

MSOP Program's
shares shall be
released from the
Transfer or
Encumbrance
Restriction.

The amendments to the provisions related to the MSOP Program does not cause changes to
the allocation of the number of MSOP Program shares, which is a maximum of 602,336,000
(six hundred two million three hundred thirty-six thousand) shares, all of which are
eguivalent to 0.834 (zero-point eight three percent) of the Company's issued and paid-up
capital after the Company's Initial Public Offering.

ADDITIONAL INFORMATION

If the Company shareholders reguire further information, please contact the Company on the
Company's working days and hours at the following address:

PT Amman Mineral Internasional Tbk
Menara Karya 6" Floor Unit A, B, C and H
Jl. H.R. Rasuna Said Blok X-5 Kav. 1-2 South Jakarta 12950
Phone: 0215799 4600: Facsimile: 021 576 1464
Email: corporate.secretary@amman.co.id
Website: www.amman.co.id