20250515_ADRO_Laporan Informasi dan Fakta Material_31885925_lamp2.pdf

I.     INTRODUCTION

       This Information Disclosure is made by the Company with regard to its intention to execute Share
       Buyback Based on POJK 13 for a maximum amount of Rp4,000,000,000,000 (four trillion rupiah). The
       Share Buyback Based on POJK 13 will be executed in accordance with the provisions of POJK 13/2023,
       in which the number of shares to be repurchased shall not exceed 20% (twenty percent) of the
       Company’s issued capital.

       The Share Buyback Based on POJK 13 will be executed through IDX and in stages from May 16th, 2025
       to no later than June 2nd, 2025.

       This Information Disclosure is made by the Company to fulfil the laws and regulations applicable in the
       capital market and to implement the transparency principle of a public company.

II.    ESTIMATED EXECUTION SCHEDULE FOR SHARE BUYBACK BASED ON POJK 13

        1    Information Disclosure on the Company’s plan on Share            May 15th, 2025
             Buyback to the Financial Services Authority and IDX and the
             announcement to the public through IDX website and the
             Company’s website www.alamtri.com.
        2    Period of the Share Buyback Based on POJK 13.                    From May 16th, 2025 to no
                                                                              later than June 2nd, 2025

       In the event that before the period of the Share Buyback Based on POJK 13 as specified above expires:
       (i) the fund allocated by the Company for the Share Buyback Based on POJK 13 has been entirely used,
       (ii) the number of shares to be bought back by the Company has been achieved, and/or (iii) the
       Company intends to cease the Share Buyback Based on POJK 13, the Company will release an
       information disclosure regarding the termination of the Share Buyback Based on POJK 13.

       On May 15th, 2024, the Company obtained the approval from the shareholders to execute share
       buyback in accordance with the Financial Services Authority Regulation number 29 of 2023 on the
       Buyback of Shares Issued by Public Companies (“POJK 29/2023”) for a period of 12 (twelve) months
       from May 16th, 2024 (“the Company’s Share Buyback 2024”). The Company’s Share Buyback 2024 that
       has been effectively registered in the Company’s List of Shareholders as at May 14th, 2025 consists of
       1,309,976,500 (one billion three hundred and nine million nine hundred seventy-six thousand and five
       hundred) shares or 4.26% (four point two six percent) of the Company’s total issued and fully paid-up
       capital.

       The Company has also published an information disclosure and an amended information disclosure
       concerning its share buyback plan based on POJK 29/2023 on April 8th, 2025 and May 14th 2025,
       respectively, for its share buyback period of 12 months starting from June 3rd, 2025 (“Share Buyback
       Based on POJK 29”).

       The execution period of the Company’s Share Buyback Based on POJK 13 will not intersect with the
       execution period of the Company’s Share Buyback 2024 nor the planned Share Buyback Based on POJK
       29, which will be proposed to obtain the approval of the Company’s shareholders in its Annual General
       Meeting of Shareholders 2025 to be implemented on June 2nd, 2025.

III.   EXPECTATION ON THE DECREASE OF THE COMPANY’S INCOME AS A RESULT OF THE COMPANY’S
       SHARE BUYBACK BASED ON POJK 13 AND THE IMPACT ON THE COMPANY’S FINANCING COSTS

       The Company believes that the execution of Share Buyback Based on POJK 13 will not generate any
       adverse impact on its performance and income because the currently available profit and cash flows
       are highly sufficient to fulfill the required fund for executing the Company’s Share Buyback Based on
       POJK 13.

IV.    PRO FORMA OF THE COMPANY’S EARNINGS PER SHARE AFTER THE EXECUTION OF THE PLAN FOR
       SHARE BUYBACK BASED ON POJK 13 BY FACTORING IN INCOME REDUCTION

       Under the assumption that the fund used for the Company’s Share Buyback Based on POJK 13 amounts
       to Rp4,000,000,000,000 (four trillion rupiah), which includes the transaction cost but excludes the
       commission fee for securities brokers and other fees incurring from the Share Buyback Based on POJK
       13, the following is the Company’s earnings per share (EPS) pro forma after the execution of the Share
       Buyback Based on POJK 13:

                                                                         (in thousand of United States dollars)
                                       For the Three Months Ended on March 31st, 2025
                Remarks                 Before Share Buyback          Impact           After Share Buyback
        Total assets                                6,434,397              (241,955)               6,192,442
        Profit for the period                          87,311                       -                  87,311
        Equity                                      5,227,925              (241,955)               4,985,970
        Basic EPS                                     0.00255                                        0.00277

       Notes:
       • The Share Buyback Based on POJK 13 for a maximum amount of Rp4,000,000,000,000 (four trillion rupiah).
       • Exchange rate used is JISDOR as at May 9th, 2025 or USD1= Rp16,532.
       • Securities brokerage commission fees are not included in the projection due to immateriality.
       • The calculation of basic EPS factored in the impact of the Share Buyback Based on POJK 13, which has been recorded on the
         List of Shareholders on May 14th, 2025.


V.     LIMIT IMPOSITION TO SHARE PRICES FOR THE SHARE BUYBACK BASED ON POJK 13

       The Share Buyback Based on POJK 13 will be executed through IDX for share buyback offering prices
       lower than or equal to the price of the previously made transactions in accordance with the applicable
       regulations.

VI.    METHOD FOR SHARE BUYBACK BASED ON POJK 13

       1.   The Share Buyback Based on POJK 13 will be executed through transactions in the regular market
            of IDX. The Company has appointed 1 (one) securities firm to execute the Share Buyback Based on
            POJK 13.
       2.   Any party who is:
            a. a commissioner, director, employee, or major shareholder of the company;
            b. an individual who, due to their position or profession or relationship with the company, is
                 possible to receive insider information; or
            c. no longer qualified as the party as specified in point (a) and (b) within a period of not more
                 than 6 (six) months,

            is prohibited from conducting any transaction on the Company’s shares within the period of the
            Share Buyback Based on POJK 13 or on the same day as the day when the shares obtained from
            the Share Buyback Based on POJK 13 are sold by the Company through IDX.

VII.   MANAGEMENT DISCUSSION AND ANALYSIS ON THE IMPACTS OF THE SHARE BUYBACK BASED ON
       POJK 13 ON THE COMPANY’S FUTURE BUSINESS ACTIVITIES AND GROWTH

       1.    With its currently solid financial position and performance, the Company believes that the Share
             Buyback Based on POJK 13 will not generate any adverse impact on its future business activities
             and growth.
       2.    In the event that the Company uses up the entire budget allocated for the Share Buyback Based
             on POJK 13 to reach the maximum amount, its assets and equity will decrease maximum by
             Rp4,000,000,000,000 (four trillion rupiah).
       3.    The Company expects that the execution of the Share Buyback Based on POJK 13 will generate
             good return for the shareholders and strengthen the investors’ trust so that the Company’s share
             price can represent the Company’s actual fundamental condition.

VIII.   ADDITIONAL INFORMATION

        The Company’s shareholders who need further information can contact the Company’s Corporate
        Secretary during office hours at the following address:


                                 PT Alamtri Resources Indonesia Tbk
                                         Menara Karya, 23rd floor
                                Jl. H.R. Rasuna Said, Blok X‐5, Kav. 1‐2,
                                        Jakarta 12950, Indonesia
                         Telephone: (021) 2553 3000 Facsimile: (021) 5794 4709
                                           www.alamtri.com

                                      Attn.: Corporate Secretary
                                      Email: corsec@alamtri.com