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                                                                                                                                                                                                                                                        LAMPIRAN / APPENDIX 1
                                                                                                                                                                                                                             Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Perdana Saham /
                                                                                                                                                                                                                      Report on the Realization of the Appropriation of Funds Resulting from Initial Public Offering
                                                                                                                                                                                                                             untuk Periode sampai dengan 31 Mei 2025 / for the Period until 31 May 2025


                                                                                                                                            Rencana Penggunaan Dana Menurut Prospektus dan Rapat Umum Pemegang Saham /                                                                          Realisasi Penggunaan Dana Menurut Prospektus dan Rapat Umum Pemegang Saham /                                                                                                    Sisa Dana Hasil Penawaran Umum /
                                                          Nilai Realisasi Hasil Penawaran Umum /                                        Plan of the Appropriation of Funds following Prospectus and General Meeting of Shareholders                                                     Realization of the Appropriation of Funds following Prospectus and General Meeting of Shareholders                                                                                    Remaining Funds from the Public Offering
                                                         Amount of Proceed from the Public Offering
                                                                                                                                                                            (Lampiran / Appendix 2)                                                                                                                            (Lampiran / Appendix 2)                                                                                                                                 (Lampiran / Appendix 2)
                                                                  (dalam Rp juta) / in million IDR                                                                     (dalam Rp juta) / in million IDR                                                                                                                     (dalam Rp juta) / in million IDR                                                                                                                        (dalam Rp juta) / in million IDR

                                                                                                                                    Mengambil alih                                                                                Mendanai                                          Mengambil alih                                                                                                                                             Mengambil alih
                                                                                                                 Pembayaran lebih       hak tagih                               Pembayaran                                       Modal Kerja                     Pembayaran lebih       hak tagih                                                                                                                           Pembayaran lebih       hak tagih
        Jenis Penawaran                                                                                                                                                                                                                                                                                                                                                                Mendanai Modal                                                                                                                                         Mendanai Modal
                                                                                                                   awal Perjanjian     Perjanjian                                  kembali                                            dan                          awal Perjanjian     Perjanjian                                                                                                                             awal Perjanjian     Perjanjian
            Umum /             Tanggal Efektif /                                                                                                                                                                                                                                                                                 Pembayaran                                                  Kerja dan                                                                                      Pembayaran                                              Kerja dan
No                                                                                                                    Fasilitas          Fasilitas    Mendanai      Mendanai     Perjanjian                          Mendanai Pengembanga                             Fasilitas          Fasilitas    Mendanai      Mendanai                                              Mendanai                                               Fasilitas          Fasilitas    Mendanai      Mendanai                                          Mendanai
         Type of Public         Effective Date                               Biaya Penawaran                                                                                                   Mendanai                                                                                                                             kembali      Mendanai                                Pengembangan                                                                                          kembali      Mendanai                            Pengembangan
                                                                                                                     Berjangka     Dukungan Induk Modal Kerja Belanja Modal       Pinjaman                          Modal Kerja    n Usaha                           Berjangka     Dukungan Induk Modal Kerja Belanja Modal                                              Modal Kerja                                            Berjangka     Dukungan Induk Modal Kerja Belanja Modal                                          Modal Kerja
            Offering                               Jumlah Hasil Penawaran         Umum                                                                                                        Modal Kerja                                                                                                                         Perjanjian    Modal Kerja                             Usaha Perseroan                                                                                      Perjanjian    Modal Kerja                         Usaha Perseroan
                                                                                                                  US$300.000.000      kepada MTI     Perseroan /      MTI /    US$175.000.00                           SCM /    Perseroan dan                     US$300.000.000      kepada MTI     Perseroan /      MTI /                                                 SCM /                                            US$300.000.000      kepada MTI     Perseroan /      MTI /                                             SCM /
                                                          Umum /              (Lampiran 3) /   Hasil Bersih /                                                                                    ZHN /                                                                                                                             Pinjaman       ZHN /                                      dan Grup                                                                                         Pinjaman       ZHN /                                  dan Grup      Jumlah /
                                                                                                                           /                /        Funding for   Funding for        0/                            Funding for      Grup       Jumlah / Total             /                /        Funding for   Funding for                                           Funding for                       Jumlah / Total             /                /        Funding for   Funding for                                       Funding for
                                                   Amount of Proceed from      Cost of Public Net Realization                                                                                 Funding for                                                                                                                      US$175.000.000/ Funding for                                  Perseroan                                                                                     US$175.000.000/ Funding for                              Perseroan        Total
                                                                                                                 Early prepayment Take over the       Working        Capital   Repayment of                          Working      Perseroan                      Early prepayment Take over the       Working        Capital                                              Working                                           Early prepayment Take over the       Working        Capital                                          Working
                                                     the Public Offering         Offering                                                                                                      Working                                                                                                                         Repayment of the  Working                               (termasuk namun                                                                                    Repayment of the  Working                           (termasuk namun
                                                                                                                        of the     receivables from Capital of the Expenditure       the                             Capital of   (termasuk                             of the     receivables from Capital of the Expenditure                                            Capital of                                               of the     receivables from Capital of the Expenditure                                        Capital of
                                                                               (Appendix 3)                                                                                                  Capital of ZHN                                                                                                                    US$175,000,000 Capital of ZHN                              tidak terbatas                                                                                  US$175,000,000 Capital of ZHN                          tidak terbatas
                                                                                                                  US$300,000,000       the Parent     Company        of MTI    US$175,000,00                           SCM       namun tidak                      US$300,000,000       the Parent     Company        of MTI                                                 SCM                                              US$300,000,000       the Parent     Company        of MTI                                             SCM
                                                                                                                                                                                                                                                                                                                               Loan Agreement                                              pada belanja                                                                                   Loan Agreement                                          pada belanja
                                                                                                                       Facility     Support Facility                               0 Loan                                       terbatas pada                          Facility     Support Facility                                                                                                                              Facility     Support Facility
                                                                                                                                                                                                                                                                                                                                                                                              modal)                                                                                                                                                 modal)
                                                                                                                    Agreement        Agreement to                                Agreement                                          belanja                         Agreement        Agreement to                                                                                                                              Agreement        Agreement to
                                                                                                                                          MTI                                                                                       modal)                                                MTI                                                                                                                                                        MTI

 1               2                     3                     4                        5               6                 7                8               9             10               11                12            13            14              15                16              17               18            19                  20                  21            22               23                 24                25              26              27             28                29                 30           31               32              33


     Penawaran Umum
 1   Perdana Saham /              11-Apr-23                      9.182.250            247.462        8.934.788         4.461.750          449.910       224.716       804.131         1.117.976           625.435      536.087       714.783        8.934.788          4.461.750         449.910        267.599        749.500            1.117.976            624.413      536.087            727.553         8.934.788                -                -         (42.883)        54.631                 -             1.022            -             (12.770)           -
     Initial Public Offering


     Jumlah / Total                                              9.182.250            247.462        8.934.788         4.461.750          449.910       224.716       804.131         1.117.976           625.435      536.087       714.783        8.934.788          4.461.750         449.910        267.599        749.500            1.117.976            624.413      536.087            727.553         8.934.788                -               -          (42.883)       54.631                  -             1.022            -             (12.770)           -



                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     31 Mei / May 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            PT Merdeka Battery Materials Tbk




                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Teddy Nuryanto Oetomo                                              Anthony Kartono Tan
                                                                                                                                                                                                                                                                                                                                                                                                                                                     Presiden Direktur / President Director                                            Direktur / Director


Paraf/Initial :
Page 3
                                                                                                                                      Lampiran / Appendix 2
                                                                                       Realisasi Penggunaan Dana menurut Prospektus / Realization of the Appropriation of Funds in accordance with Prospectus
                                                                                                             untuk Periode sampai dengan 31 Mei 2025 / for the Period until 31 May 2025


                                                                                                       Keterangan /                                                                                                        Rencana (Rp) /          Realisasi (Rp) /       Lebih / (Kurang) (Rp)                           Penjelasan /
No
                                                                                                        Description                                                                                                          Plan (IDR)           Realization (IDR)        More / (Less) (IDR)                            Description

1. Sekitar 53,0% akan digunakan oleh Perseroan untuk pembayaran lebih awal untuk seluruh pokok utang yang timbul berdasarkan Perjanjian Fasilitas Berjangka US$300.000.000, yang akan dibayarkan kepada                       4.461.750.000.000       4.461.750.000.000                      -      Konversi Rupiah ke US$ dilakukan beberapa kali dengan rata-
   MDKA dan ING Bank N.V., cabang Singapura (“ING Bank”), masing-masing sebesar US$225.000.000 dan US$75.000.000, melalui ING Bank sebagai Agen. MDKA merupakan Afiliasi Perseroan sedangkan ING Bank                                                                                               rata kurs US$1 = Rp14.872,5.
   bukan merupakan Afiliasi Perseroan.                                                                                                                                                                                                                                                              Conversion of Rupiah to US$ was carried out multiple times
   Approximately 53.0% will be used by the Company to early prepay all of the outstanding principal arising from the US$300,000,000 Facility Agreement, which will be paid to MDKA and ING Bank N.V., Singapore                                                                                     with an average exchange rate of US$1 = IDR14,872.5 .
   Branch ("ING Bank"), amounting to US$225,000,000 and US$75,000,000, respectively, through ING Bank as Agent. MDKA is an affiliate of the Company and ING Bank is not an affiliate of the Company.




2. Sekitar 6,0% akan digunakan oleh Perseroan untuk mengambil alih hak tagih sebesar US$30.000.000 atau setara Rp447,4 miliar yang timbul dari Perjanjian Fasilitas Dukungan Induk tanggal 23 Agustus 2022 yang                 449.910.000.000         449.910.000.000                      -      Konversi Rupiah ke US$ dilakukan dengan kurs US$1 =
   diberikan oleh MDKA kepada PT Merdeka Tsingshan Indonesia (“MTI”), sehingga Perseroan selanjutnya akan memiliki hak tagih kepada MTI sebesar US$30.000.000 atau setara Rp447,4 miliar dengan syarat dan                                                                                          Rp14.997,0.
   ketentuan yang sama dengan Perjanjian Fasilitas Dukungan Induk.                                                                                                                                                                                                                                  Conversion of Rupiah to US$ use the exchange rate of US$1
   Approximately 6.0% will be used by the Company to take over the receivables amounting to US$30,000,000 or equivalent to IDR447.4 billion arising from the Parent Support Facility Agreement dated August 23,                                                                                     = IDR14,997.0.
   2022 provided by MDKA to PT Merdeka Tsingshan Indonesia ("MTI"), hence the Company will have receivables to MTI amounting to US$30,000,000 or equivalent to IDR447.4 billion with the same terms and
   conditions as stipulated in the Parent Support Facility Agreement.



3. Sekitar 2,0% akan digunakan oleh Perseroan untuk modal kerja antara lain untuk biaya karyawan, biaya jasa profesional dan biaya keuangan.                                                                                    224.715.853.937         267.598.851.082          (42.882.997.145) Dana hasil penawaran umum perdana saham yang berasal
   Approximately 2.0% will be used by the Company for working capital purposes, including among others, salary and wage expenses, professional service expenses and financial expenses.                                                                                                           dari penerbitan saham baru dikarenakan kelebihan
                                                                                                                                                                                                                                                                                                  pemesanan pada penjatahan terpusat sebesar Rp46,0 miliar
                                                                                                                                                                                                                                                                                                  dialokasikan kepada item penggunaan dana ini.
                                                                                                                                                                                                                                                                                                  The proceeds from the initial public offering originating
                                                                                                                                                                                                                                                                                                  from issuance of new shares due to oversubscriptions on
                                                                                                                                                                                                                                                                                                  pooling allotment of IDR46.0 billion were allocated to this
                                                                                                                                                                                                                                                                                                  item of use of proceeds .



4. Sekitar 9,0% akan dipinjamkan kepada MTI yang selanjutnya akan digunakan untuk membiayai sebagian kebutuhan belanja modal yang timbul dari pembangunan Proyek AIM I, yang dijadwalkan akan memulai                           804.130.945.663         749.500.000.000          54.630.945.663
   produksi pada pertengahan kedua tahun 2023.
   Approximately 9.0% will be lent to MTI that will be used to fund some of the capital expenditure related to the construction of the AIM I Project, which is scheduled to start production in the second half of 2023.


5. Sekitar 9,0% akan digunakan oleh Perseroan untuk pembayaran kembali atas pokok utang yang timbul berdasarkan Perjanjian Pinjaman US$175.000.000 yang berlaku efektif pada tanggal 25 Mei 2023 yang akan                    1.117.975.945.663       1.117.975.945.663                      -
   dibayarkan kepada MDKA. MDKA merupakan Afiliasi Perseroan yakni pengendali Perseroan.
   Approximately 9.0% will be used by the Company for repayment of the loan principal arising from the US$175,000,000 Loan Agreement which is effective on May 25, 2023 which will be paid to MDKA. MDKA is
   an Affiliate of the Company, the parent of the Company.


6. Sekitar 7,0% akan dipinjamkan kepada PT Zhao Hui Nickel ("ZHN") yang selanjutnya akan digunakan untuk modal kerja, meliputi antara lain pembelian bahan baku utama, bahan baku pembantu, biaya listrik, serta                625.435.179.960         624.413.183.700            1.021.996.260
   biaya karyawan.
   Approximately 7.0% will be lent to PT Zhao Hui Nickel ("ZHN") that will be used for working capital, including among others, the purchase of main raw materials, auxiliary raw materials, electricity expenses, as
   well as salary and wage expenses.

7. Sekitar 6,0% akan dipinjamkan kepada SCM yang selanjutnya akan digunakan untuk modal kerja, meliputi antara lain biaya karyawan, biaya jasa profesional, pembayaran royalti ke kas negara, biaya pengangkutan                536.087.297.109         536.087.297.109                      -
   dan bongkar muat, biaya pemeliharaan dan perbaikan, serta biaya penambangan.
   Approximately 6.0% will be lent to SCM that will be used for working capital purposes, including among others, salary and wage expenses, professional service expenses, royalty expenses to the state treasury,
   transportation and loading and unloading expenses, maintenance and repair expenses as well as mining expenses.

8. Sisanya akan akan digunakan oleh Perseroan sebagai berikut:                                                                                                                                                                  714.783.062.811         727.553.007.589          (12.769.944.778)
   a. kebutuhan modal kerja Perseroan dan grup Perseroan termasuk namun tidak terbatas pada biaya karyawan, biaya jasa profesional, biaya pajak dan biaya keuangan; dan/atau;
   b. pengembangan usaha Perseroan dan grup Perseroan, baik dalam bentuk belanja modal dan/atau pembelian saham dan/atau pembelian aset dan/atau penyertaan saham dan/atau pemberian pinjaman serta
   metode transaksi yang sesuai pada satu atau lebih perusahaan dengan industri yang sesuai atau terkait dengan dan/atau menunjang kegiatan usaha Perseroan dan grup Perseroan.
   The remaining will be used by the Company as follows:
   a. the Company and the group of Company's working capital requirements including but not limited to employee expenses, professional service expenses, tax expenses and finance expenses; and/or;
   b. the Company and the group of Company's business development, either in the form of capital expenditure and/or purchase of shares and/or purchase of assets and/or subscription of shares and/or provision
   of loans and appropriate transaction methods in one or more companies with appropriate industries or related to and/or supporting the business activities of the Company and the the group of Company.




                                                                                                    Jumlah / Total                                                                                                            8.934.788.285.143       8.934.788.285.143                      -
Page 4
                                                                       Lampiran / Appendix 3
                          Rincian Biaya Pelaksanaan Penawaran Umum Perdana Saham / Detail of Cost Incurred from the Initial Public Offering
                                              untuk Periode sampai dengan 31 Mei 2025 / for the Period until 31 May 2025

                                         Jenis Biaya Penawaran Umum Perdana Saham /                      Rencana (Rp) /               Realisasi (Rp) /       Lebih/ (Kurang) (Rp) /
No.
                                               Type of Cost of Initial Public Offering                     Plan (IDR)                Realization (IDR)         More / (Less) (IDR)
1.    Biaya Jasa Penjaminan /                                                                   0,400%              36.728.999.682          34.508.535.461             2.220.464.221
      Underwriting Fee

2.    Biaya Jasa Penyelenggaraan /                                                              0,400%              36.728.999.682          38.128.200.000             (1.399.200.318)
      Management Fee

3.    Biaya Jasa Penjualan /                                                                    0,400%              36.728.999.682          34.508.196.339             2.220.803.343
      Selling Fee

4.    Biaya Insentif Discretionary /                                                            1,050%              96.413.624.165          75.095.278.041            21.318.346.124
      Discretionary Incentive Fee

5.    Biaya Jasa Profesi Penunjang Pasar Modal /                                                0,258%              23.690.204.795          22.329.545.598             1.360.659.197
      Capital Market Supporting Profession Fee

6.    Biaya Jasa Lembaga Penunjang Pasar Modal /                                                0,004%                367.289.997             215.820.000                151.469.997
      Capital Market Supporting Institution Fee

7.    Biaya Lain-lain /                                                                         0,183%              16.803.517.355          42.676.059.919           (25.872.542.564)
      Other Fees


                                                      Jumlah / Total                            2,695%             247.461.635.357        247.461.635.357                         -
Page 5
                                                            Lampiran / Appendix 4
             Rincian Sisa Dana yang Berasal dari Dana Hasil Penawaran Umum / Detail of Remaining Fund from the Public Offering
                                 untuk Periode sampai dengan 31 Mei 2025 / for the Period until 31 May 2025

                                         Nama Bank /               Nilai dalam satuan Rupiah*) /       Periode /    Tingkat Suku Bunga /     Hubungan dengan Emiten /
No.
                                         Bank's Name                    Amount in Rupiah *)             Period          Interest Rate         Relationship with Issuer
 1    Saldo Bank dalam bentuk Giro Rupiah dan USD:
      Bank's balance is in the form of Giro in IDR and USD:
               Bank UOB Indonesia /
                                                              Rp                                   -                       0,00%           Pihak ketiga /
               UOB Indonesia
               Bank OCBC NISP /                                                                        Mei 2025 /                          Third party
                                                              Rp                                   -                       0,00%
               OCBC NISP                                                                               May 2025
               Bank CIMB Niaga /
                                                              Rp                                   -                       0,00%
               CIMB Niaga


                                   Jumlah / Total             Rp                                   -

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Names mentioned 8 people and organisations named in the text · linked when the evidence is strong

linked org Merdeka Battery Materials Tbk p.2 ×2
linked person Teddy Nuryanto Oetomo p.2
linked person Anthony Kartono Tan p.2
linked org Bank UOB Indonesia p.5
linked org Bank OCBC NISP p.5
linked org Bank CIMB Niaga p.5
unresolved org PT Merdeka Tsingshan Indonesia p.3 ×2
unresolved org PT Zhao Hui Nickel p.3 ×2

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