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Page 1
S U STA IN ING A C E
PE  R FO  RM A NC E




                     2024
             L APORAN TAHUNAN
                    Annual Report




           P T E R A J AYA S W A S E M B A D A T B K
Page 2
2024
L APORAN TAHUNAN
Annual Report
Page 3
       I N
SUSTAIN NCEG AC E
PERFO RM  A
Di tengah tahun politik dan ketidakpastian ekonomi global yang
masih berlangsung, Perseroan tetap melanjutkan pengembangan
bisnis dengan pendekatan yang berhati-hati dan selektif, serta
mengedepankan ketahanan dan keberlanjutan. Sejalan dengan
komitmen kami untuk menjaga performa terbaik, kami secara
konsisten menerapkan standar kinerja tertinggi untuk mendorong
produktivitas dan memperkuat jaringan ritel di keempat vertikal
kami: Erajaya Digital, Active Lifestyle, Food & Nourishment, dan
Beauty & Wellness. Strategi kami berfokus pada penyelarasan produk
dengan kebutuhan pasar lokal dan menyesuaikan penawaran gerai
untuk memenuhi permintaan konsumen yang dinamis.

Ekspansi bisnis ritel kami di segmen gaya hidup dan F&B diperkuat
melalui pembukaan gerai baru dan penambahan lini bisnis untuk
meningkatkan keragaman produk dan memenuhi tren pasar yang
terus berkembang. Inisiatif ini telah menghasilkan pertumbuhan dua
digit baik dalam penjualan maupun laba bersih, yang memperkuat
fondasi Perseroan untuk profitabilitas yang berkelanjutan. Dengan
fokus pada ketahanan dan keberlanjutan, kami tetap berkomitmen
untuk secara konsisten memberikan kinerja yang unggul dan
berkelanjutan.

Amid a political year and ongoing global economic uncertainty, the Company continues to
pursue business development in a cautious and selective manner, grounded in resilience
and a sustainability-oriented approach. In line with our commitment to Sustaining Ace
Performance, we consistently uphold the highest performance standards to drive productivity
and strengthen the retail network across our four verticals: Erajaya Digital, Active Lifestyle,
Food & Nourishment, and Beauty & Wellness. Our strategy centers on aligning products with
local market needs and tailoring store offerings to match dynamic consumer demands.

The expansion of our retail business in the lifestyle and F&B segments is supported through
store openings and new ventures that enhance product diversity and meet evolving market
trends. These initiatives have delivered double-digit growth in both sales and net profit,
reinforcing the Company’s foundation for sustained profitability. With a clear focus on
resilience and long-term sustainability, we remain committed to consistently delivering strong
and enduring performance.
Page 4
    Daftar Isi TABLE                                                  OF
                                                                             CONTENTS




      04                                       50
      IKHTISAR KINERJA                         PROFIL PERUSAHAAN
      performance highlights                   c o m pa n y p r o f i l e

       Ikhtisar Bisnis 2024               6     Sekilas tentang Erajaya                  52    Informasi Pemegang Saham                95
       2024 Business Highlights                 Erajaya at a Glance                            Shareholders Information

       Ikhtisar Data Keuangan Penting     8     Identitas Perseroan                      56    Struktur Kepemilikan Perusahaan         98
       Summary of Key Financial Data            Corporate Identity                             Structure of Company Ownership

       Ikhtisar Saham                     11    Visi & Misi Perusahaan                   58    Informasi Pemegang Saham Pengendali     99
       Stock Highlights                         Company Vision and Mission                     Information on Controlling
                                                                                               Shareholders
       Informasi mengenai Aksi            12    Nilai-Nilai Perusahaan                   59
       Korporasi                                Company Core Values                            Entitas Anak dan Entitas Afiliasi       100
       Information on Corporate                                                                Subsidiaries and Affiliated Entities
       Action                                   Bidang Usaha                             60
                                                Line of Business                               Perusahaan Asosiasi                     108
       Pernyataan Tidak Terjadinya        12                                                   Associated Companies
       Penghentian Sementara                    Wilayah Operasional                      65
       Perdagangan Saham dan/                   Operational Areas                              Kronologi Pencatatan Saham              109
       atau Penghapusan Pencatatan                                                             Chronology of Share Listing
                                                Peta Wilayah Operasional                 66
       Saham                                                                                   Informasi Obligasi, Sukuk, dan/atau
                                                Operational Area Map                                                                   110
       Statement of Zero Suspension                                                            Obligasi Konversi
       and/or Delisting of Shares               Struktur Organisasi                      68    Information on Bonds, Sukuk, and/or
                                                Organizational Structure                       Convertible Bonds
       Informasi Efek Lainnya             12
       Other Securities Information             Informasi Situs Web Perusahaan           70    Informasi Kantor Akuntan Publik         110
                                                The Company’s Website Information              Information on Public Accounting Firm
       Peristiwa Penting 2024             14
       2024 Event Highlight                     Profil Dewan Komisaris                   72    Nama dan Alamat Lembaga dan/atau        111
                                                Profile of The Board of Commissioners          Profesi Penunjang
       Kalender Kegiatan 2024             22
       2024 Event Calendar                                                                     Name and address of Institutions and/
                                                Profil Direksi                           78
                                                                                               or Supporting Professions
                                                Profile of The Board of Directors
       Penghargaan 2024                   24
       2024 Awards                              Perubahan Komposisi Dewan Komisaris      89
                                                pada Tahun Buku 2024
                                                Changes in the Composition of the
                                                Board of Commissioners in the Fiscal


                                                                                              112
                                                Year 2024




      28
                                                Perubahan Komposisi Direksi pada         89
                                                Tahun Buku 2024
                                                Changes in the Composition of the
                                                Board of Directors in the Fiscal Year
                                                2024
                                                                                              ANALISIS & PEMBAHASAN
      LAPORAN MANAJEMEN                         Perubahan Komposisi Direksi dan/atau     90
                                                                                              MANAJEMEN
                                                Dewan Komisaris setelah tahun buku            m a n ag e m e n t d i s c u s s i o n
      m a n ag e m e n t r e p o rt s           2024 berakhir sampai dengan Batas
                                                Waktu Penyampaian Laporan Tahunan             a n d a n a ly s i s
       Laporan Dewan Komisaris            30    2024
       Report of the Board of                   Changes in the composition of the              Tinjauan Makroekonomi
                                                                                                                                       114
       Commissioners                            Board of Directors and/or the Board            Macroeconomic Review
                                                of Commissioners after the fiscal
       Laporan Direksi                    38    year 2024 ends until the deadline for          Tinjauan Industri
       Report of the Board of Directors
                                                                                                                                       120
                                                submitting the 2024 Annual Report              Industry Review
       Pernyataan Manajemen atas          48    Pengungkapan Hubungan Afiliasi           92    Tinjauan Operasional
       Laporan Tahunan 2024                                                                                                            126
                                                Anggota Dewan Komisaris, Direksi, dan          Operational Review
       Management’s Statement for               Pemegang Saham Utama
       the 2024 Annual Report                   Disclosure of Affiliate Relationships          Tinjauan Keuangan
                                                                                                                                       138
                                                Between Members of the Board of                Financial Overview
                                                Commissioners, the Board of Directors,
                                                and Major Shareholders

                                                Demografi Karyawan                       93
                                                Employee Demographics




2   PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                              erajaya.com
Page 5
172
TATA KELOLA PERUSAHAAN
g o o d c o r p o r at e g ov e r n a n c e

 Pedoman GCG
 GCG Guidelines

 Struktur Tata Kelola
                                          175


                                          177
                                                 Kebijakan Pemberian Kompensasi
                                                 Jangka Panjang Berbasis Kinerja kepada
                                                 Manajemen dan/atau Karyawan
                                                 Performance-Based Long-Term
                                                                                          235
                                                                                                336
 Governance Structure
                                                 Compensation Policy to Management              REFERENSI SEOJK
 Rapat Umum Pemegang Saham                179    and/or Employees                               NOMOR 16/SEOJK.04/2021:
 General Meeting of Shareholders
                                                 Kebijakan Pengungkapan Kepemilikan       236   LAPORAN TAHUNAN EMITEN ATAU
 Direksi                                  188    Saham Anggota Direksi dan Anggota
 The Board of Directors                          Dewan Komisaris                                PERUSAHAAN PUBLIK
                                                 Disclosure Policy of Shares Ownership          s e o j k n o . 1 6 / s e o j k .04 / 2021:
 Penilaian atas Kinerja Komite            196    by Members of the Board of Directors
 Pendukung Tugas Direksi                         and the Board of Commissioners                 annual report of public
 Performance Evaluation of the Board of                                                         c o m pa n y
 Directors Committee                             Kebijakan Komunikasi dengan              237
                                                 Pemegang Saham
 Dewan Komisaris                          197    Communication Policy with



                                                                                                352
 The Board of Commissioners                      Shareholders
 Penilaian Kinerja Direksi dan Dewan      203    Sistem Pelaporan Pelanggaran             239
 Komisaris                                       Whistleblowing System
 Performance Evaluation of The
 Board of Directors and The Board of             Kebijakan Antikorupsi                    242
                                                 Anti-Corruption Policy
 Commissioners                                                                                  DAFTAR PENGUNGKAPAN SESUAI
 Penilaian atas Kinerja Komite            204    Penerapan Tata Kelola Perusahaan         243   PERATURAN OTORITAS JASA
 Pendukung Tugas Dewan Komisaris                 Terbuka
 Evaluation of The Performance of The            Corporate Governance Implementation            KEUANGAN NOMOR
 Board of Commissioners Committee                of Public Companies                            51/POJK.03/2017
 Nominasi dan Remunerasi Dewan            205                                                   l i st o f d i s c lo s u r e
 Komisaris dan Direksi
 Nomination and Remuneration of                                                                 b a s e d o n p o j k n o .51/
 Board of Commissioners and Board of                                                            p o j k .03/2017
 Directors



                                                250
 Komite Audit                             208


                                                                                                355
 Audit Committee

 Komite Nominasi dan Remunerasi           215
 Nomination and Remuneration
 Committee                                      TANGGUNG JAWAB                                  LEMBAR UMPAN BALIK
 Komite di Bawah Direksi
 Committees Under Board of Directors
                                          215
                                                SOSIAL & LINGKUNGAN                             f e e d bac k s h e e t
 Sekretaris Perusahaan                    217   s o c i a l & e n v i r o n m e n ta l
 Corporate Secretary                            responsibility



                                                                                                356
 Audit Internal                           223
                                                 Laporan Keberlanjutan                    252
 Internal Audit
                                                 Sustainability Report
 Sistem Pengendalian Internal             227    Ikhtisar Kinerja Keberlanjutan           253
 Internal Control System
                                                 Sustainability Performance Highlights
 Sistem Manajemen Risiko                  230    Memberikan Manfaat yang Optimal bagi     286
                                                                                                LAPORAN
                                                                                                KEUANGAN
 Risk Management System
                                                 Pemegang Saham
 Perkara Hukum                            232    Providing Optimal Benefits to
 Legal Cases                                     Shareholders                                   f i n a n c i a l s tat e m e n t
 Sanksi Administratif                     233    Berkomitmen untuk Menjaga Lingkungan     290
 Administrative Sanction                         yang Lestari
                                                 Committed to Maintaining a Sustainable
 Pedoman Perilaku                         233    Environment
 Code of Conduct




erajaya.com                                                       PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report              3
Page 6
     IKHTISAR
     KINERJA
     Performance Highlights




PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report   erajaya.com
Page 7
erajaya.com   PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report
Page 8
    Ikhtisar Kinerja
    Performance Highlights




    Ikhtisar Bisnis
    2024
    2024 BUSINESS HIGHLIGHTS




                     Jumlah Gerai Ritel
                     Number of Retail Outlets
                                                                                  Per 31 Desember 2024
                                                                                 As of December 31, 2024




       2.194                                                            Gerai | Outlet




       77                               Titik Distribusi | Distribution Points




       +
                54.000
                                                                           Reseller
                                                                           Pihak Ketiga
                                                                           3rd Party
                                                                           Billed Outlet




6      PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                     erajaya.com
Page 9
                                                                                        Ikhtisar Kinerja
                                                                                  Performance Highlights




              Penjualan Neto
                                                                                     Per 31 Desember 2024
              Net Sales                                                             As of December 31, 2024




      65,28
                                        Penjualan neto tahun 2024 naik 8,5% dibandingkan

Rp                                      Rp60,14 triliun pada tahun sebelumnya. Sumber
                                        pendapatan terbesar berasal dari penjualan
                                        telepon selular dan tablet dengan kontribusi
                                        sebesar 80% terhadap penjualan neto.


Triliun| Trilion          8,5%          Net sales in 2024 increased by 8.5% compared to Rp60.14
                                        trillion in the previous year. The largest source of revenue
                                        is derived from sales of cellular phones and tablets with a
                                        contribution of 80% to the net sales.




              Ekuitas
                                                                                     Per 31 Desember 2024
              Equity                                                                As of December 31, 2024




      9,06
                                        Ekuitas naik 11,4% dari Rp8,13 triliun pada akhir

Rp                                      tahun 2024.

                                        Equity increased by 11.4% from Rp8.13 trillion at end of
                                        2024.

Triliun| Trilion          11,4%




              Laba Tahun Berjalan
              Income of the Year
                                                                                     Per 31 Desember 2024
                                                                                    As of December 31, 2024




      1,12
                                        Laba tahun berjalan sebesar Rp1,12 triliun, tumbuh

Rp                                      30,6% dari Rp856,9 miliar di tahun sebelumnya.

                                        Profit for the year amounted to Rp1.12 trillion, grew 30.6%
                                        from Rp856.9 billion in the previous year.

Triliun| Trilion          30,6%




erajaya.com                        PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report             7
Page 10
          Ikhtisar Kinerja
    Performance Highlights




    Ikhtisar Data Keuangan Penting
    SUMMARY OF KEY FINANCIAL DATA



    Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
    Consolidated Statement of Profit or Loss and Other Comprehensive Income
                                                                                                  Dalam juta rupiah kecuali dinyatakan lain
                                                                                               In millions of rupiah unless otherwise stated

                      Uraian                  2024             2023            2022                         Description

     Penjualan Neto                            65.279.685       60.139.406     49.471.484                                      Net Sales
     Beban Pokok Penjualan                     58.003.956       53.691.637     44.109.940                            Cost of Good Sold
     Laba Bruto                                    7.275.728     6.447.769      5.361.544                                   Gross profit
     Laba Usaha                                    2.132.162     1.845.583      1.792.980                     Income from Operation
     Laba Sebelum Pajak Penghasilan                1.519.328     1.241.815      1.497.340                Income Before Tax Expense
     Laba Tahun Berjalan                           1.119.486      856.861       1.076.555                            Profit for the Year
     Laba Komprehensif Tahun Berjalan              1.189.558      790.849       1.113.315      Comprehensive Income for the Year
     Laba Tahun Berjalan yang                                                                   Income for the Year Attributable to:
     Diatribusikan Kepada:
       Pemilik Entitas Induk                       1.032.547      826.050       1.012.873         Owners of the Parent Company
       Kepentingan non pengendali                    86.939           30.811          63.682               Non-Controlling Interest
     Laba Komprehensif yang Diatribusikan                                                      Comprehensive Income for the Year
     Kepada:                                                                                                     Attributable to:
       Pemilik Entitas Induk                       1.079.202      778.052       1.035.115         Owners of the Parent Company
       Kepentingan Nonpengendali                    110.355           12.797          78.200               Non-Controlling Interest
     Laba per Saham Dasar (Rp)                           65              52              64            Basic Earnings per Share (Rp)



    Laporan Posisi Keuangan Konsolidasian
    Consolidated Statement of Financial Position
                                                                                                  Dalam juta rupiah kecuali dinyatakan lain
                                                                                               In millions of rupiah unless otherwise stated

                      Uraian                  2024             2023            2022                         Description

     Aset Lancar                               13.308.097       12.964.557     11.217.076                                Current Assets
     Aset Tidak Lancar                             8.466.293     7.482.895      5.841.142                          Non-Current Assets
     Jumlah Aset                               21.774.390       20.447.452     17.058.218                                   Total Assets
     Liabilitas Jangka Pendek                  10.875.981       10.330.316      9.021.227                             Current Liabilites
     Liabilitas Jangka Panjang                     1.841.015     1.986.362        834.128                       Non-Current Liabilites
     Jumlah Liabilitas                         12.716.996       12.316.678      9.855.355                               Total Liabilities
     Ekuitas                                       9.057.394     8.130.774      7.202.863                                          Equity
     Kepentingan Nonpengendali                      923.141       807.373         460.477                    Non-Controlling Interest
     Jumlah Liabilitas dan Ekuitas             21.774.390       20.447.452     17.058.218                  Total Liabilities and Equity
     Modal Kerja Bersih                            2.432.116     2.634.240      2.195.849                         Net Working Capital




8       PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                    erajaya.com
Page 11
                                                                                                    Ikhtisar Kinerja
                                                                                                    Performance Highlights




Rasio Keuangan
Financial Ratio

                    Uraian             2024              2023              2022                      Description

 Jumlah Liabilitas/Jumlah Ekuitas              1,40              1,51              1,37            Total Liabilities/Total Equity
 Jumlah Liabilitas/Jumlah Aset                 0,58              0,60              0,58            Total Liabilities/Total Assets
 Rasio Kas                                     0,16              0,17              0,12                              Cash Ratio
 Rasio Lancar                                  1,22              1,26              1,24                            Current Ratio



Rasio Usaha
Business Ratio

                    Uraian             2024              2023              2022                      Description

 Laba Usaha/Penjualan Neto                     3,3%              3,1%              3,6%     Income from Operations/Net Sales
 Laba Tahun Berjalan/ Penjualan Neto           1,7%              1,4%              2,2%          Income for the Year/Net Sales
 Laba Usaha/Jumlah Aset                        0,10              0,09              0,11   Income from Operations/Total Assets
 Laba Tahun Berjalan/Jumlah Aset               0,05              0,04              0,06       Income for the Year/Total Assets
 Laba Usaha/Ekuitas                            0,24              0,23              0,25        Income from Operations/Equity
 Laba Tahun Berjalan/Ekuitas                   0,12              0,11              0,15            Income for the Year/Equity
 Price-earnings Ratio                          6,18              8,14              5,77                   Price- earnings Ratio



Rasio Lain-Lain
Ratios

                    Uraian             2024              2023              2022                      Description

 Gross Profit Margin                      11,15%             10,72%            10,84%                      Gross Profit Margin
 Net Profit Margin                            1,71%             1,42%             2,18%                       Net Profit Margin
 Return on Equity                              0,12              0,11              0,15                       Return on Equity
 Return on Assets                              0,05              0,04              0,06                       Return on Assets
 Liabilitas Jangka Pendek Terhadap             1,20              1,27              1,25               Current Liabilities/Equity
 Ekuitas
 Liabilitas Jangka Panjang Terhadap            0,20              0,24              0,12          Non-current Liabilities/Equity
 Ekuitas




erajaya.com                                           PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                9
Page 12
           Ikhtisar Kinerja
     Performance Highlights




     Ikhtisar Data Keuangan Penting
     SUMMARY OF KEY FINANCIAL DATA




                                                                                  Laba Komprehensif
                  Penjualan Neto                                                  Tahun Berjalan
                  Net Sales                                                       Comprehensive Income for the Year


     Dalam Rp juta | In Rp million                                  Dalam Rp juta | In Rp million

     49.471.484      60.139.406      65.279.685                      1.113.315        790.849       1.189.558




      2022            2023            2024        8,5%                2022            2023           2024        50,4%

                  Laba Tahun Berjalan                                             Jumlah Aset
                  Income for the Year                                             Total Assets


     Dalam Rp juta | In Rp million                                  Dalam Rp juta | In Rp million

     1.076.555        856.861        1.119.486                       17.058.218      20.447.452     21.774.390




      2022            2023            2024        30,6%               2022            2023           2024        6,5%




10       PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                            erajaya.com
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                                                                                                                                                       Ikhtisar Kinerja
                                                                                                                                                       Performance Highlights




Ikhtisar Saham
STOCK HIGHLIGHTS



Harga Saham
Stock Price

                                                                          Harga                Harga             Harga
                                                                                                                                     Jumlah Saham              Kapitalisasi Pasar
 Triwulan                      Tahun                Volume              Tertinggi            Terendah           Terakhir
                                                                                                                                        Beredar               Market Capitalization
  Quarter                       Year                Volume             Highest Price        Lowest Price        Last Price
                                                                                                                                    Number of Shares                  (Rp)
                                                                           (Rp)                 (Rp)              (Rp)

                I                  2024              2.054.252.800            486                  402             411                   15.950.000.000            6.561.032.500.000
                                   2023              3.797.037.200            580                  378             500                   15.950.000.000            7.973.703.280.950
             II                    2024               923.289.100             450                  370             378                   15.950.000.000            6.029.100.000.000
                                   2023              2.561.327.000            560                  432             458                   15.950.000.000            7.299.005.329.550
          III                      2024              1.703.126.800            464                  374             454                   15.950.000.000            7.241.300.000.000
                                   2023              3.862.948.500            545                  440             452                   15.950.000.000            7.209.400.000.000
          IV                       2024              1.612.398.000            476                  386             404                   15.950.000.000            6.443.800.000.000
                                   2023              2.738.728.500            454                  326             426                   15.950.000.000            6.794.700.000.000



Pergerakan Saham dan Volume Perdagangan 2023
Share Price Movements and Trading Volume 2023




                                                                                                                                                                      Volume (rb lembar saham) | Volume (ts of shares)
                             600                                                                                                                          400.000

                                                                                                                                                          350.000
                             500
   Harga (Rp) | Price (Rp)




                                                                                                                                                          300.000
                             400
                                                                                                                                                          250.000

                             300                                                                                                                          200.000

                                                                                                                                                          150.000
                             200
                                                                                                                                                          100.000
                             100
                                                                                                                                                          50.000

                              0                                                                                                                           0
                                      Jan     Feb      Mar     Apr     May          Jun     Jul          Aug     Sep         Oct       Nov      Dec

                                            Harga Penutupan | Closing Price               Volume | Volume



Pergerakan Saham dan Volume Perdagangan 2024
Share Price Movements and Trading Volume 2024
                                                                                                                                                                      Volume (rb lembar saham) | Volume (ts of shares)




                             500                                                                                                                          250.000
                             450
                             400                                                                                                                          200.000
   Harga (Rp) | Price (Rp)




                             350
                             300                                                                                                                          150.000
                             250
                             200                                                                                                                          100.000
                             150
                             100                                                                                                                          50.000
                              50
                              0                                                                                                                           0
                                      Jan    Feb      Mar       Apr    May          Jun      Jul          Aug     Sep         Oct       Nov     Dec

                                            Harga Penutupan | Closing Price               Volume | Volume




erajaya.com                                                                                PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                                11
Page 14
           Ikhtisar Kinerja
     Performance Highlights




     Informasi mengenai Aksi Korporasi
     INFORMATION ON CORPORATE ACTION




     Pada tahun 2024 Perseroan tidak melakukan aksi korporasi      In 2024, the Company did not carry out any corporate actions
     yang berpengaruh pada jumlah saham. harga saham. dan          that affect the number of shares. share prices and shareholder
     kepentingan pemegang saham.                                   interests.




     Pernyataan Tidak Terjadinya Penghentian
     Sementara Perdagangan Saham dan/atau
     Penghapusan Pencatatan Saham
     STATEMENT OF ZERO SUSPENSION AND/ OR DELISTING OF SHARES




     Pada tahun 2024. Perseroan tidak pernah dikenakan             In 2024. the Company was not imposed any sanction related
     sanksi terkait penghentian sementara perdagangan saham        to the suspension or delisting of shares on stock exchange
     maupun penghapusan pencatatan saham di bursa efek yang        because of violation against stock market regulation.
     diakibatkan pelanggaran ketentuan yang berlaku di bursa.




     Informasi Efek Lainnya
     OTHER SECURITIES INFORMATION




     Sampai dengan 31 Desember 2024, Perseroan tidak               Until December 31, 2024, the Company did not issue any other
     menerbitkan efek lainnya seperti Obligasi, Medium Term        securities such as Bonds, Medium Term Notes (MTN), Sukuk,
     Notes (MTN), Sukuk, dan Obligasi Konversi.                    and Convertible Bonds.




12      PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                              erajaya.com
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                                                         Ikhtisar Kinerja
                                                         Performance Highlights




erajaya.com   PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report      13
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           Ikhtisar Kinerja
     Performance Highlights




     Peristiwa Penting 2024
     2024 EVENT HIGHLIGHTS




                                                       PT Mitra Belanja Anda (MBA) secara resmi membuka gerai GrandLucky
             11 Januari | Januari 11                   Superstore kedua di Pulau Bali, yang terletak di kawasan Udayana,
                                                       Denpasar. Gerai ini merupakan gerai GrandLucky Superstore kedelapan
                                                       untuk mendekatkan layanannya kepada pelanggan. Denan total area
                                                       lebih dari 4.000 m2, GrandLucky Superstore Udayana menjadi pasar
                                                       swalayan terbesar dan terlengkap yang dimiliki MBA di Bali hingga saat
                                                       ini.

                                                       PT Mitra Belanja Anda (MBA) officially opened the second GrandLucky Superstore
                                                       outlet in Bali, located in the Udayana area, Denpasar. This outlet is the eighth
                                                       GrandLucky Superstore outlet to bring its services closer to customers. With a total
                                                       area of more than 4,000 sqm, GrandLucky Superstore Udayana is the largest and
                                                       most complete supermarket owned by MBA in Bali to date.




                                                       Erajaya Active Lifestyle dan MST Golf Group Berhad secara resmi
             12 Januari | Januari 12                   membuka gerai MST Golf Arena pertama di Indonesia berlokasi di La
                                                       Piazza Summarecon Kelapa Gading, Jakarta Utara. MST Golf Arena
                                                       menghadirkan 59 merk golf terkemuka seperti TaylorMade, Honma,
                                                       Puma, GFore, Adidas, ASICS, Majesty, OnOff, Yamaha, dan Nike.

                                                       Erajaya Active Lifestyle and MST Golf Group Berhad have officially opened the first
                                                       MST Golf Arena store in Indonesia located at La Piazza Summarecon Kelapa Gading,
                                                       North Jakarta. MST Golf Arena provides 59 leading golf brands including TaylorMade,
                                                       Honma, Puma, GFore, Adidas, ASICS, Majesty, OnOff, Yamaha, and Nike.




                                                       Erajaya Active Lifestyle mengumumkan ketersediaan tiga produk
                 22 Mei | May 22                       terbaru dari merek Nothing yakni Nothing Ear, Nothing Ear (a), dan
                                                       CMF Buds yang bisa didapatkan di jaringan ritel Erajaya Group.
                                                       Produk-produk ini memberikan pengalaman audio yang premium bagi
                                                       penggunanya dan bisa dicoba langsung di seluruh gerai Urban Republic
                                                       dan erafone.

                                                       Erajaya Active Lifestyle announced the availability of three new products from the
                                                       Nothing brand, namely Nothing Ear, Nothing Ear (a), and CMF Buds, which can be
                                                       found in the Erajaya Group retail network. These products provide a premium audio
                                                       experience for users and can be tried out at all Urban Republic and erafone outlets.




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                                Erajaya Digital meresmikan iBox Apple Premium Partner di Summarecon
              24 Mei | May 24   Mall Bandung yang menjadi gerai pertamanya di luar wilayah
                                Jabodetabek. Gerai ini menghadirkan rangkaian produk Apple seperti
                                Apple Watch, iPad, iPhone, MacBook dan aksesoris seperti Airpods serta
                                AirTag dengan konsep berbelanja yang premium.

                                Erajaya Digital inaugurated the iBox Apple Premium Partner at Summarecon Mall
                                Bandung, marking its first store outside the Greater Jakarta area. This store offers a
                                range of Apple products such as Apple Watch, iPad, iPhone, MacBook, and accessories
                                like AirPods and AirTag in a premium shopping environment.




                                Rumah kopi legendaris Bacha Coffee, yang didirikan di Marrakesh,
              31 Mei | May 31   Maroko pada tahun 1910, telah hadir di Plaza Senayan, Jakarta. Dikenal
                                dengan jenis kopi 100% Arabika yang tersedia dalam bentuk kemasan,
                                biji kopi utuh, maupun yang dapat dinikmati dalam perjalanan, Bacha
                                Coffee mengundang pengunjung untuk merasakan pengalaman
                                menikmati kopi terbaik dari seluruh dunia.

                                Legendary coffee house Bacha Coffee, founded in Marrakesh, Morocco in 1910, has
                                presented at Plaza Senayan, Jakarta. Known for its 100% Arabica coffee available in
                                packaged form, whole coffee beans, or to be enjoyed on the go, Bacha Coffee invites
                                visitors to experience the best coffee from around the world.




                                Sepanjang bulan Mei 2024, Erajaya Digital telah meresmikan 32 gerai
              1 Juni | June 1   baru di berbagai kota di Indonesia, yang meliputi sejumlah merek ritel
                                seperti erafone, erafone & More, iBox, Samsung Experience Store dan
                                Xiaomi Store. Peresmian 32 gerai baru ini dilakukan secara terpisah,
                                meliputi 4 gerai Erafone, 11 gerai erafone & More, 14 gerai iBox, 2 gerai
                                Samsung Experience Store dan 1 gerai Xiaomi Store. Terdapat 20 gerai
                                yang berada di luar Pulau Jawa.

                                Erajaya Digital has inaugurated 32 new stores throughout May 2024 in various cities
                                across Indonesia, including several retail brands such as erafone, erafone & More,
                                iBox, Samsung Experience Store, and Xiaomi Store. The inauguration of these 32
                                new stores was carried out separately, including 4 Erafone stores, 11 erafone & More
                                stores, 14 iBox stores, 2 Samsung Experience Stores, and 1 Xiaomi Store. There are
                                20 stores located outside Java Island.




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     Peristiwa Penting 2024
     2024 EVENT HIGHLIGHTS




                                                       Erajaya Food & Nourishment meluncurkan lini merek terbaru bernama
                  7 Juni | June 7                      Curry Up, hasil kolaborasi dengan Anders Hospitality Group. Restoran
                                                       Curry Up hadir di ASHTA District 8, menyajikan konsep baru yang
                                                       merayakan keberagaman budaya dunia yang dikemas dalam keunikan
                                                       hidangan kari.

                                                       Erajaya Food & Nourishment launched a new brand line called Curry Up through
                                                       a collaboration with Anders Hospitality Group. The Curry Up Restaurant is present
                                                       at ASHTA District 8, offering a new concept that celebrates the diversity of world
                                                       cultures packaged in unique curry dishes.




                                                       Perseroan menerima sertifikat Authorized Economic Operator (AEO)
                  7 Juni | June 7                      dari Direktorat Jenderal Bea dan Cukai, Kementerian Keuangan RI
                                                       sebagai pengakuan atas praktik bisnis yang berintegritas dan akuntabel
                                                       serta kontribusi yang telah diberikan Erajaya Group bagi perekonomian
                                                       nasional.

                                                       The Company received an Authorized Economic Operator (AEO) certificate from the
                                                       Directorate General of Customs and Excise, Ministry of Finance of the Republic of
                                                       Indonesia as recognition of business practices with integrity and accountability as
                                                       well as the contribution that Erajaya Group has made to the national economy.




                                                       Perseroan menyelenggarakan Rapat Umum Pemegang Saham Tahunan
                 19 Juni | June 19                     dan Luar Biasa. RUPS Tahunan menyetujui pembagian dividen tunai
                                                       sebesar Rp268,32 miliar serta pengangkatan Richard M Harjani
                                                       sebagai Komisaris Perseroan. Sedangkan RUPS Luar Biasa menyetujui
                                                       perpanjangan pengalihan sebagian saham treasuri yang dimiliki
                                                       oleh Perseroan untuk Program Kepemilikan Saham Manajemen dan
                                                       Karyawan Perseroan (Management and Employee Stock Ownership/
                                                       MESOP Program).

                                                       The Company held held Annual and Extraordinary General Meetings of Shareholders.
                                                       The Annual GMS approved the distribution of cash dividends amounting to Rp268.32
                                                       billion as well as the appointment of Richard M Harjani as Commissioner of the
                                                       Company. Meanwhile, the Extraordinary GMS approved the extension of part of
                                                       the treasury shares owned by the Company for the Company’s Management and
                                                       Employee Stock Ownership (MESOP) Program.




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                                 Erajaya Digital meresmikan tiga gerai baru di wilayah Papua, yakni gerai
              3 Juli | July 3    erafone & More di Entrop, gerai erafone di Sorong dan gerai iBox di
                                 Jayapura Mall. Gerai erafone di Sorong hadir melalui skema kemitraan
                                 yakni erafone Cloud Retail Partner Program yang mengajak investor
                                 lokal untuk tumbuh bersama Erajaya.

                                 Erajaya Digital inaugurated three new stores in the Papua region, namely the erafone
                                 & More store in Entrop, the erafone store in Sorong, and the iBox store in Jayapura
                                 Mall. The erafone store in Sorong is established through a partnership scheme
                                 called the erafone Cloud Retail Partner Program, inviting local investors to grow with
                                 Erajaya.




                                 MST Golf Indonesia meresmikan gerai ritel golf premium pertamanya
              5 Juli | July 5    di Indonesia, berlokasi di Pacific Place Mall, Jakarta Selatan. Peresmian
                                 MST Golf Premium menandai pembukaan gerai keempat MST Golf sejak
                                 kehadirannya di Indonesia. Mengusung konsep ritel golf premium, MST
                                 Golf Premium menawarkan merek golf kelas atas, seperti HONMA,
                                 Majesty, GIII, TaylorMade, Yamaha, dan GFore.

                                 MST Golf Indonesia officially opened its first premium golf retail store in Indonesia,
                                 located at Pacific Place Mall, South Jakarta. The opening of MST Golf Premium marks
                                 the fourth store for MST Golf since its entry into Indonesia. Embracing a premium golf
                                 retail concept, the first MST Golf Premium featuring high-end golf brands, including
                                 HONMA, Majesty, GIII, TaylorMade, Yamaha, and GFore.




                                 Erajaya Digital meresmikan gerai iBox Apple Premium Partner di
        23 Agustus | August 23   Delipark Mall Medan sebagai gerai iBox Apple Premium Partner
                                 pertama di Pulau Sumatera dan menjadi bagian dari 12 gerai iBox Apple
                                 Premium Partner yang beroperasi di seluruh Indonesia.

                                 Erajaya Digital inaugurated the iBox Apple Premium Partner outlet at Delipark Mall
                                 Medan as the first iBox Apple Premium Partner outlet on Sumatra Island and is part
                                 of 12 iBox Apple Premium Partner outlets operating throughout Indonesia.




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     2024 EVENT HIGHLIGHTS




                                                       Erajaya Active Lifestyle melalui 6IXTY8IGHT, merek pakaian perempuan,
             28 Agustus | August 28                    pakaian tidur dan pakaian dalam terkemuka di Asia, meluncurkan
                                                       beragam busana feminin koleksi kolaborasi eksklusif dengan Chupa
                                                       Chups. Koleksi ini tersedia di gerai 6IXTY8IGHT di berbagai lokasi,
                                                       seperti Mall of Indonesia, Gandaria City, Bintaro Exchange, Mall Kelapa
                                                       Gading 3, Paris Van Java, Summarecon Mall Bandung, Tunjungan Plaza,
                                                       Pakuwon Mall Surabaya, dan Trans Studio Mall Makassar.

                                                       Erajaya Active Lifestyle through 6IXTY8IGHT, a leading women’s clothing, sleepwear
                                                       and underwear brand in Asia, launched a variety of feminine clothing in an exclusive
                                                       collaboration collection with Chupa Chups. This collection is available at 6IXTY8IGHT
                                                       outlets in various locations, such as Mall of Indonesia, Gandaria City, Bintaro Exchange,
                                                       Mall Kelapa Gading 3, Paris Van Java, Summarecon Mall Bandung, Tunjungan Plaza,
                                                       Pakuwon Mall Surabaya, and Trans Studio Mall Makassar.




                                                       Erajaya Digital meresmikan dua gerai Samsung Premium Store di Bintaro
             30 Agustus | August 30                    Jaya Xchange Mall 2 dan Klaten Town Square. Gerai yang berlokasi di
                                                       Tangerang Selatan dan Klaten tersebut merupakan bagian dari jaringan
                                                       ritel Samsung by erafone yang hadir dengan identitas baru, sebelumnya
                                                       bernama Samsung by NASA.

                                                       Erajaya Digital inaugurated two Samsung Premium Stores at Bintaro Jaya Xchange
                                                       Mall 2 and Klaten Town Square. The outlets located in South Tangerang and Klaten
                                                       are part of the Samsung by erafone retail network which comes with a new identity,
                                                       previously named Samsung by NASA.




                                                       Erajaya Active Lifestyle meresmikan gerai JD Sports pertama di Bali
             3 Oktober | October 3                     yang merupakan gerai JD Sports ke-14 di Indonesia. JD Sports Bali hadir
                                                       di Ground Floor, Unit G08-G09, Living World Denpasar.

                                                       Erajaya Active Lifestyle inaugurated the first JD Sports outlet in Bali, which is the 14th
                                                       JD Sports outlet in Indonesia. JD Sports Bali is present at Ground Floor, Unit G08-G09,
                                                       Living World Denpasar.




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                                 Erajaya Digital melalui erafone Enterprise mendapatkan pengakuan
       21 Oktober | October 21   sebagai Android Enterprise Silver Partner yang menegaskan komitmen
                                 dan keahlian dalam mendukung kebutuhan bisnis melalui solusi
                                 berbasis Android. Status ini menjamin bahwa erafone Enterprise dapat
                                 memastikan keamanan data dan efisiensi operasional yang lebih
                                 baik untuk mendukung pertumbuhan bisnis melalui integrasi dan
                                 pengelolaan perangkat Android dalam skala besar.

                                 Erajaya Digital, through erafone Enterprise, has received recognition as an Android
                                 Enterprise Silver Partner, affirming its commitment and expertise in supporting
                                 business needs with Android-based solutions. This status ensures that erafone
                                 Enterprise can provide enhanced data security and operational efficiency to support
                                 business growth through large-scale Android device integration and management.




                                 Erablue, ritel consumer electronics kerja sama Erajaya Digital dan Mobile
      5 November | November 5    World Group Vietnam, merayakan dua tahun beroperasi melayani
                                 kebutuhan consumer electronics. Hingga akhir Oktober 2024, Erablue
                                 telah mengoperasikan 80 gerai di wilayah Jabodetabek dan Karawang.

                                 Consumer electronics retailer Erablu, a collaboration of Erajaya Digital and Mobile
                                 World Group Vietnam, celebrated two years of operation serving consumer
                                 electronics needs. By the end of October 2024, Erablue had operated 80 outlets in
                                 the Greater Jakarta and Karawang areas.




                                 Erajaya Food & Nourishment memperkenalkan toko Wetzel’s Pretzels
      6 November | November 6    yang pertama di Indonesia berlokasi di di Street Gallery Pondok Indah
                                 Mall. Wetzel’s Pretzels menghadirkan konsep grab-and-go bagi para
                                 konsumen, menyajikan pretzel segar dan fresh from the oven yang
                                 cocok untuk masyarakat dengan gaya hidup serba cepat.

                                 Erajaya Food & Nourishment introduced the first Wetzel’s Pretzels outlet in Indonesia
                                 located at Street Gallery Pondok Indah Mall. Wetzel’s Pretzels presents a grab-and-
                                 go concept for consumers, serving fresh and fresh pretzels from the oven that are
                                 suitable for people with a fast-paced lifestyle.




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     Peristiwa Penting 2024
     2024 EVENT HIGHLIGHTS




                                                       iBox Enterprise, unit bisnis dari Erajaya Digital, memperoleh status
         25 November | November 25                     sebagai Apple Authorized Enterprise Reseller. Dengan status ini, iBox for
                                                       Enterprise dapat menawarkan ekosistem produk serta solusi teknologi
                                                       yang lebih komprehensif kepada pelanggan korporat untuk membantu
                                                       mencapai tujuan bisnisnya.

                                                       iBox Enterprise, a business unit of Erajaya Digital, obtained the status of Apple
                                                       Authorized Enterprise Reseller. With this status, iBox for Enterprise is now able to
                                                       offer a more comprehensive ecosystem of products and technology solutions to
                                                       corporate clients, supporting them in achieving their business objectives.




                                                       Erajaya Digital memperkenalkan Google Android AI Zone di sejumlah
         29 November | November 29                     gerai erafone untuk memberikan pengalaman baru bagi pelanggan
                                                       dalam menikmati kecanggihan teknologi terkini melalui perangkat
                                                       dengan fitur kecerdasan buatan. Google Android AI Zone tersedia
                                                       di sejumlah gerai erafone seperti Central Park Jakarta, Bintaro Jaya
                                                       Xchange Mall dan Summarecon Mall Bekasi.

                                                       Erajaya Digital introduced the Google Android AI Zone at select erafone stores offering
                                                       customers a new way to experience cutting-edge technology through devices with
                                                       artificial intelligence features. Google Android AI Zone is available in several erafone
                                                       stores such as Central Park Jakarta, Bintaro Jaya Xchange Mall and Summarecon Mall
                                                       Bekasi.




                                                       Erajaya Active Lifestyle meresmikan tiga gerai DJI Experience Store
           5 Desember | December 5                     masing-masing di Summarecon Mall Bekasi, Pondok Indah Mall 1, dan
                                                       Senayan City. Kehadiran tiga gerai baru ini untuk melayani pelanggan
                                                       yang ingin mendapatkan produk-produk drone, kamera, gimbal dan
                                                       aksesoris dari merek DJI.

                                                       Erajaya Active Lifestyle inaugurated three DJI Experience Store outlets at Summarecon
                                                       Mall, Pondok Indah Mall 1, and Senayan City. The presence of these three new
                                                       outlets is to serve customers who want to get drone products, cameras, gimbals, and
                                                       accessories from the DJI brand.




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                                 Erajaya Active Lifestyle meresmikan Shokz Monobrand Store pertama di
     12 Desember | December 12   Indonesia yang menawarkan pengalaman berbelanja produk wearable
                                 audio Open-Ear dari merek Shokz dan produk eksklusif berupa OpenRun
                                 Pro 2 Kipchoge Edition yang tersedia hanya di gerai ini. Gerai Shokz
                                 Monobrand Store berada di mal FX Sudirman lantai 2, Jakarta Selatan.

                                 Erajaya Active Lifestyle inaugurated the first Shokz Monobrand Store in Indonesia
                                 which offers a shopping experience for Open-Ear audio wearable products from the
                                 Shokz brand and exclusive products in the form of OpenRun Pro 2 Kipchoge Edition
                                 which is only available at this store. Shokz Monobrand Store is located on the 2nd
                                 floor of FX Sudirman Mall, South Jakarta.




                                 Erajaya Active Lifestyle ditujuk sebagai agen tunggal pemegang merek
     31 Desember | December 31   XPENG di Indonesia. XPENG adalah perusahaan mobil teknologi
                                 tinggi terkemuka asal Tiongkok. Penunjukan ini diresmikan melalui
                                 penandatanganan Nota Kesepahaman (MoU) antara Erajaya Active
                                 Lifestyle yang diwakili oleh Djohan Sutanto selaku CEO dan Alex Tang
                                 selaku Head of International Division of Sales and Service XPENG.

                                 Erajaya Active Lifestyle appointed as the brand-holder sole distributor of XPENG in
                                 Indonesia. XPENG is a leading Chinese high-tech car company. This appointment
                                 was formalized by signing a Memorandum of Understanding (MoU) between Erajaya
                                 Active Lifestyle, represented by its CEO Djohan Sutanto, and Alex Tang, Head of
                                 International Division of Sales and Service XPENG.




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     Kalender Kegiatan 2024
     2024 EVENT CALENDAR




                          30 April | April 30                                                        22 Mei | May 22




     Perseroan meresmikan Erajaya Corporate University (E-University)
     yang berlokasi di Plaza Harco Mangga Dua, Jakarta Pusat.
     Peresmian dihadiri oleh jajaran manajemen Erajaya Group dan
     tamu undangan dari Kementerian Pendidikan, Kebudayaan, Riset,
     dan Teknologi (Kemenristekdikti), Kementerian Ketenagakerjaan
     (Kemenaker), Himpunan Peritel dan Penyewa Pusat Perbelanjaan
     Indonesia (HIPPINDO), serta mitra bisnis lainnya.
                                                                               Paris Baguette meluncurkan menu baru, “Hot Off the Pan”. Menu
     The Company inaugurated Erajaya Corporate University                      ini menyajikan pilihan untuk kategori Hot Meal yang sudah
     (E-University) located at Plaza Harco Mangga Dua, Central Jakarta.        digemari konsumen seperti PB Ultimate Burger dengan lapisan
     The inauguration was attended by Erajaya Group management                 daging sapi empuk, bacon sapi, keju, dan sayuran segar di antara
     along with invited guests from the Ministry of Education, Culture,        2 buah roti panggang Kouign Amann.
     Research, and Technology (Kemenristekdikti), the Ministry of
     Manpower (Kemenaker), the Association of Retailers and Mall               Paris Baguette launched its new menu, “Hot Off the Pan”. This menu
     Tenants of Indonesia (HIPPINDO), and other business partners.             serves choices for the Hot Meal category that has been favored by
                                                                               consumers such as the PB Ultimate Burger with layers of tender
                                                                               beef, beef bacon, cheese, and fresh vegetables between 2 pieces of
                                                                               toasted Kouign Amann bread.




                           15 Juni | June 15                                                         16 Juni | June 16




     Erajaya Digital menyelenggarakan erafone National Tournament              Erajaya Active Lifestyle melalui merek ritel Urban Republic,
     2024, yakni turnamen e-sports game Mobile Legends: Bang Bang.             menggelar ajang URMazing Run 2024 yang berlangsung pada
     Kompetisi yang telah memasuki tahun ketiga ini menawarkan                 tanggal 16 Juni 2024 di Jakarta yang diikuti sekitar 350 peserta
     hadiah dengan total nilai Rp 200 juta. Kompetisi ini juga                 dari puluhan komunitas. Ajang ini mempertemukan olahraga lari
     merupakan ajang tahunan untuk mencari pemain e-sports                     dengan permainan unik yang sekaligus untuk memperkenalkan
     profesional potensial yang akan menorehkan prestasi di kancah             portofolio produk gaya hidup aktif dari berbagai kategori yang
     nasional dan internasional.                                               ditawarkan oleh gerai Urban Republic.

     Erajaya Digital held the erafone National Tournament 2024, an             Erajaya Active Lifestyle through its retail brand Urban Republic, held
     e-sports tournament for the game Mobile Legends: Bang Bang. The           the URMazing Run 2024 event on June 16, 2024, in Jakarta, attended
     competition, which has entered its third year, offered a total prize of   by at least 350 participants from dozens of communities. This event
     Rp200 million. This competition is also an annual event to discover       combined running with unique games and served to introduce the
     potential professional e-sports players who will make their mark in       active lifestyle product portfolio from various categories offered by
     both the domestic and international arenas.                               Urban Republic stores.



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                  15 Agustus | August 15                                                     22 Agustus | August 22




 Erajaya Digital mengumumkan babak baru bagi erafone yang                   Erajaya Digital melalui iBox Education menggelar iBox Education
 tahun ini merayakan hari jadi ke-28 tahun. erafone telah hadir di          Leadership Summit 2024, sebuah roadshow konferensi yang
 seluruh Nusantara, dari Aceh hingga Papua, melalui jaringan ritel          berlangsung pada tanggal 12-29 Agustus 2024 di empat kota,
 yang terdiri dari lebih 1.200 gerai. erafone juga memperkenalkan           yakni Bandung, Jakarta, Semarang dan Surabaya. Konferensi
 logo baru dan tagline baru yakni “Lebih Dekat, Lebih Lengkap,              ini memberikan edukasi kepada lembaga pendidikan dalam
 Lebih Baik” yang menggambarkan semangat baru dalam melayani                menciptakan lingkungan pembelajaran yang interaktif, inklusif
 pelanggan.                                                                 serta efektif menggunakan produk Apple.

 Erajaya Digital announced a new chapter for erafone, which this            Erajaya Digital, through iBox Education, held the iBox Education
 year celebrates its 28th anniversary. erafone is now present across        Leadership Summit 2024, a roadshow conference running from
 the archipelago, from Aceh to Papua, through a retail network of           August 12 to 29, 2024, across four cities: Bandung, Jakarta, Semarang,
 over 1,200 stores. erafone also introduced a new logo and a new            and Surabaya. This conference aims to educate educational
 tagline: “Closer, More Complete, Better” which describes a new spirit      institutions on creating interactive, inclusive, and effective learning
 in serving customers.                                                      environments using Apple products.



              6 September | September 6                                                 26 September | September 26




 Erajaya Digital menggelar erafone Roadshop di 8 kota di Pulau              Erajaya Digital menggelar erafone Gadget Festival yang menjadi
 Sumatera dan Pulau Jawa pada tanggal 7-29 September 2024. Para             puncak sekaligus penutup rangkaian Festival Belanja erafone
 pelanggan di 8 kota yang dilalui acara ini dapat mengenal lebih            yang berlangsung selama 1,5 bulan terakhir. Bertempat di
 dekat tentang layanan belanja omnichannel, yakni Click & Pickup,           Lippo Mall Puri, Jakarta, erafone Gadget Festival menghadirkan
 yang memberikan berbagai penawaran menarik.                                kemeriahan berupa promo seperti diskon serta aktivitas menarik
                                                                            yang bisa diikuti oleh pengunjung.
 Erajaya Digital held erafone Roadshop in 8 cities in Sumatra and
 Java on September 7-29, 2024. Customers in the 8 cities that the           Erajaya Digital held the erafone Gadget Festival, marking the grand
 event passes through can get to know more about the omnichannel            finale of the erafone Shopping Festival, which has taken place over
 shopping service, namely Click & Pickup, which provides various            the past 1.5 months. Located at Lippo Mall Puri, Jakarta, the event
 attractive offers.                                                         brings exciting promos, such as discounts and various engaging
                                                                            activities for visitors.


                                                                            Erajaya Active Lifestyle melalui merek ritel Urban Republic,
                  1 Oktober | October 1                                     menggelar rangkaian promo belanja lifestyle gadget yang
                                                                            berlangsung pada tanggal 1 Oktober – 3 November 2024, diawali
                                                                            dengan Glegar Gadget dan ditutup oleh UR Festival. Pelanggan
                                                                            dapat berbelanja secara offline maupun online, termasuk
                                                                            menikmati penawaran menarik sewaktu menggunakan layanan
                                                                            omnichannel seperti Click & Pickup.

                                                                            Erajaya Active Lifestyle through its retail brand Urban Republic,
                                                                            launched a series of lifestyle gadget shopping promotions from
                                                                            October 1 to November 3, 2024. The event kicks off with “Glegar
                                                                            Gadget” and concludes with the “UR Festival.” Customers can shop
                                                                            both offline and online, with attractive offers available through
                                                                            omnichannel services like Click & Pickup.




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     Penghargaan 2024
     2024 AWARDS




                                                   02                                     03




                                              06                                             08




      01    2023 Best CEO                                            04   PT TAM After Sales Team:
            Award                                                         Outstanding Service Partner Award
            SWA & Dunamis                                                 Huawei
            Jakarta • 31 Januari 2024 | January 31, 2024                  Kuala Lumpur • 15 Mei 2024 | May 15, 2024



      02    Top Digital PR                                           05   ESG Retailer
            Award 2024                                                    of the Year
            TRASNCO Indonesia & Infobrand.id                              The BHN (BlackHawk) APAC Summit 2024
            14 Februari 2024 | February 14, 2024                          Melbourne • 21-22 Mei 2024 | May 21-22, 2024



      03    Top Innovation Choice Award:                             06   2024 Fortune
            I.T CCTV                                                      South East Asia 500
            Infobrand                                                     FORTUNE
            Jakarta • 24 April 2024 | April 24, 2024                      23 Juni 2024 | June 23, 2024




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                                                                                                    Ikhtisar Kinerja
                                                                                              Performance Highlights




              09                               10                                            11




 07   Best Corporate Digital                            10   Reward Management & Talent
      Transformation in Retail Company                       Retention Strategy
      Selular Award                                          LMFBEUI & SWA
      Jakarta • 27 Juni 2024 | June 27, 2024                 Jakarta • 24 Juli 2024 | July 24, 2024



 08   Bronze Excellence in Employee                     11   Employer Branding & Talent
      Engagement                                             Acquisition Strategy
      HR Excellence Singapore Online                         LMFBEUI & SWA
      Jakarta • 19 Juli 2024 | July 19, 2024                 Jakarta • 24 Juli 2024 | July 24, 2024



 09   Learning Development and                          12   Malam Apresiasi Emiten 2024
      Knowledge Management                                   Indeks Tempo-IDNFinancials 52
      LMFBEUI & SWA                                          Category “High Growth”
      Jakarta • 24 Juli 2024 | July 24, 2024                 TEMPO IDNFinancials 52
                                                             Balikpapan • 26 Juli 2024 | July 26, 2024



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     Ikhtisar Kinerja
     Performance Highlights




     Penghargaan 2024
     2024 AWARDS




                        15                                    16                                          17




      13    2024 Best Empowering                                     16   2024 Top 500 Fortune Asia Rank
            HC Strategic                                                  Biggest Companies
            Human Capital on Resilience - First Magazine                  Fortune
            Jakarta • 1 Agustus 2024 | August 1, 2024                     Jakarta • 19 Agustus 2024 | August 19, 2024



      14    2024 Best Human                                          17   2024 Top 100 Fortune Indonesia
            Capital Team                                                  Rank Biggest Companies
            Human Capital on Resilience - First Magazine                  Fortune
            Jakarta • 1 Agustus 2024 | August 1, 2024                     Jakarta • 19 Agustus 2024 | August 19, 2024



      15    2024 Best Career                                         18   2024 Best Company in
            Development                                                   Human Capital
            Human Capital on Resilience - First Magazine                  IHCA Economic Review & NBO
            Jakarta • 1 Agustus 2024 | August 1, 2024                     Jakarta • 26 September 2024 | September 26, 2024




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                                                                                                          Ikhtisar Kinerja
                                                                                                    Performance Highlights




                  18                                              19                                    20




 19   2024 Best Company in                                        21   2024 MarTech Excellence Awards:
      Organization Resilience                                          Innovation in Email Marketing
      IHCA Economic Review & NBO                                       Frontiers
      Jakarta • 26 September 2024 | September 26, 2024                 Jakarta • 1 Desember 2024 | December 1, 2024



 20   2024 LinkedIn                                               22   2024 Excellent Indonesia Best
      Talent Award: Best Talent                                        Companies in Creating Leaders
      Acquisition Team                                                 From Within
      LinkedIn                                                         SWA & NBO
      Jakarta • 19 November 2024 | November 19, 2024                   Jakarta • 11 Desember 2024 | December 11, 2024




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     LA P O R A N
     MANAJEM   EN
     Management Reports




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     Laporan Dewan Komisaris
     REPORT OF THE BOARD OF COMMISSIONERS




                                                                         Richard Halim Kusuma

                                                                               Komisaris | Commissioner




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                         PARA PEMEGANG SAHAM DAN PEMANGKU
                         KEPENTINGAN YANG TERHORMAT,
                         Dear Shareholders and Stakeholders,




              “Dewan Komisaris menyampaikan apresiasi atas
              keberhasilan Direksi dalam menjalankan strategi
              secara efektif dan adaptif, sehingga membawa
              Perseroan mencatat kinerja impresif sepanjang
              tahun 2024, baik dari sisi pertumbuhan
              penjualan maupun pencapaian laba bersih.”
              “The Board of Commissioners expresses its appreciation for the Board of
              Directors’ success in executing strategies effectively and adaptively, resulting in
              the Company’s impressive performance throughout 2024, both in terms of sales
              growth and net profit achievement.”




              Menurut pengamatan Dewan Komisaris, tahun             According to the observations of the Board of
              2024 adalah periode yang menarik sekaligus penuh      Commissioners, 2024 was a year filled with both
              tantangan. Perkembangan perekonomian sepanjang        exciting opportunities and notable challenges.
              tahun mencerminkan dinamika yang dipengaruhi          Economic developments throughout the year
              oleh berbagai faktor, termasuk ekonomi global,        reflected a dynamic landscape shaped by various
              pemilihan umum nasional, kebijakan pemerintah,        factors, including the global economy, national
              dan perubahan preferensi belanja konsumen. Namun      elections, government policies, and shifting consumer
              PT Erajaya Swasembada Tbk (“Perseroan”) mampu         spending preferences. Nevertheless, PT Erajaya
              mengeksekusi rencana-rencana pengembangan             Swasembada Tbk (the “Company”) successfully
              usaha dengan baik dan membukukan pencapaian           executed its business development plans and
              kinerja yang mengesankan.                             achieved impressive performance results.




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     Laporan Dewan Komisaris
     REPORT OF THE BOARD OF COMMISSIONERS




     Berbeda dengan masa-masa awal memulai bisnisnya,                    Unlike the early days of its business operations, the Company
     Perseroan saat ini sudah bertransformasi menjadi perusahaan         has now transformed into a diversified enterprise engaged
     terdiversifikasi yang bergerak dalam distribusi dan ritel produk    in the distribution and retail of consumer electronics, active
     elektronik konsumen, produk gaya hidup aktif, pakaian dan           lifestyle products, sportswear and equipment, food and
     peralatan olahraga, makanan dan minuman, ritel modern               beverages, modern grocery retail, pharmaceuticals, and smart
     grocery, farmasi, dan solusi kendaraan listrik pintar (Smart EV).   electric vehicle (EV) solutions. The Company has not only
     Perseroan tidak hanya mengukir keunggulan pada bisnis inti          strengthened its core business in smartphones, tablets, and
     di segmen smartphone, tablet, dan Internet of Things (IoT) yang     the Internet of Things (IoT), segments that are increasingly
     saat ini semakin berkembang seiring dengan adopsi teknologi         expanding due to widespread digital adoption, but has also
     digital yang meluas, tetapi juga berhasil mengembangkan             successfully broadened its business portfolio, demonstrating
     portofolio bisnisnya dengan kepekaan dan ketajaman dalam            sharp insights and responsiveness to shifting market trends,
     membaca pergeseran tren yang terjadi di pasar, baik dari sisi       particularly in terms of consumer behavior, technology, and
     perilaku konsumen, teknologi, maupun kebutuhan gaya hidup.          lifestyle needs.


     Seiring dengan meningkatnya kesadaran masyarakat akan               As people become more aware of the importance of health and
     pentingnya menjaga kesehatan melalui olahraga dan                   fitness, lifestyle trends are changing dramatically. Consumers
     kebugaran, tren gaya hidup pun mengalami transformasi               today want to look fashionable while exercising, in addition to
     signifikan. Konsumen kini tidak hanya mencari manfaat               reaping the health benefits. They want products that combine
     kesehatan, tetapi juga ingin tampil stylish ketika beraktivitas.    functionality and aesthetic appeal, sportswear and accessories
     Mereka menginginkan produk yang menggabungkan fungsi                that improve performance while also reflecting personal style
     dan penampilan, sehingga pakaian dan aksesoris olahraga             and modern fashion sensibilities. As a result, the Company
     tidak hanya mendukung performa, tetapi juga mencerminkan            has collaborated with leading global brands to develop
     identitas dan selera fashion yang modern. Hal ini mendorong         products that meet market demand. The Company’s business
     Perseroan untuk menyediakan produk-produk yang sesuai               diversification is further demonstrated by its expansion into
     keinginan pasar dengan berkolaborasi dengan merek-merek             the food and beverage sector, which includes the launch of
     ternama. Diversifikasi usaha Perseroan semakin terlihat             new retail brands such as Batcha Coffee, Curry Up, and Wetzel
     melalui ekspansi di sektor makanan dan minuman dengan               Pretzel under the Erajaya Food & Nourishment business
     hadirnya merek ritel baru Batcha Coffee, Curry Up, dan Wetzel       vertical, thereby expanding the Company’s portfolio in the F&B
     Pretzel di bawah bisnis vertikal Erajaya Food & Nourishment         segment.
     food yang memperkaya portofolio Perseroan di segmen
     makanan dan minuman.


     Dewan Komisaris mendukung keputusan investasi ke sektor             The Board of Commissioners fully supports the Company’s
     kendaraan listrik (EV) bermitra dengan produsen EV dari             strategic investment in the electric vehicle (EV) sector through
     China XPENG untuk memasarkan Smart EV di Indonesia di               its partnership with Chinese EV manufacturer XPENG to
     bawah bisnis vertikal Erajaya Active Livestyle. Saat ini EV tidak   market Smart EVs in Indonesia under the Erajaya Active
     hanya dilihat sebagai alat transportasi ramah lingkungan,           Lifestyle business vertical. Today, EVs are not only seen as
     tetapi juga telah menjadi bagian dari gaya hidup modern yang        environmentally friendly means of transportation but also
     mencerminkan kepedulian terhadap lingkungan, efisiensi, dan         as part of a modern lifestyle that emphasizes environmental
     teknologi. Konsumen yang memilih EV umumnya memiliki                awareness, efficiency, and technological sophistication.
     preferensi terhadap inovasi, keberlanjutan, dan desain yang         Consumers who opt for EVs tend to value innovation,
     futuristik. Kehadiran Smart EV dari XPENG akan menjadi tren         sustainability, and futuristic design. The arrival of Smart
     baru gaya hidup aktif dan sadar lingkungan, terutama di             EVs from XPENG is expected to set new trends in active and
     kalangan masyarakat perkotaan dan segmen menengah atas              eco-conscious living, especially among urban communities
     yang antusias mengikuti perkembangan teknologi dan tren             and upper-middle-class segments that actively follow global
     global.                                                             technological and lifestyle trends.




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PENILAIAN TERHADAP KINERJA DIREKSI                                ASSESSMENT OF THE BOARD OF DIRECTORS’
                                                                  PERFORMANCE
Dewan Komisaris mengapresiasi pencapaian kinerja                  The Board of Commissioners values the Company’s strong
Perseroan yang baik di tahun 2024. Menurut penilaian Dewan        performance in 2024. According to our assessment, the Board
Komisaris, Direksi mampu mengidentifikasi potensi bisnis          of Directors successfully identified new business opportunities
baru dan menerapkan strategi secara tepat untuk mendorong         and implemented appropriate strategies to increase the
produktivitas bisnis existing, sehingga dapat memanfaatkan        productivity of existing businesses, allowing the Company to
momentum secara optimal dan tetap relevan di tengah               effectively capitalize on market momentum while remaining
persaingan pasar yang dinamis.                                    competitive in dynamic market conditions.


Pada tahun 2024, Perseroan berhasil membuka 278 gerai             In 2024, the Company opened 278 new stores, bringing its total
baru, sehingga jumlah jaringan ritel Perseroan mencapai 2.194     retail network to 2,194 outlets across Indonesia, Malaysia, and
gerai yang tersebar di Indonesia, Malaysia, dan Singapura.        Singapore. The Company recorded net sales of Rp65,279.68
Perseroan membukukan penjualan neto sebesar Rp65.279,68           billion, an 8.5% increase from Rp60,139.41 billion in 2023.
miliar, tumbuh 8,5% dibandingkan Rp60.139,41 pada tahun           In line with the growth in net sales, the Company achieved a
2023. Sejalan dengan peningkatan penjualan neto, Perseroan        gross profit of Rp7,275.73 billion, up 12.8% from Rp6,447.77
memperoleh laba bruto sebesar Rp7.275,73 miliar, tumbuh           billion in 2023. Net income for the year reached Rp1,119.49
12,8% dibandingkan Rp6.447,77 miliar pada tahun 2023.             billion, a 30.6% increase from Rp856.86 billion in 2023, with
Laba tahun berjalan sebesar Rp1.119,49 miliar, naik 30,6%         profit attributable to owners of the parent entity amounting to
dibandingkan Rp856,86 miliar pada tahun 2023, dengan              Rp1,032.55 billion.
laba tahun berjalan yang dapat diatribusikan kepada pemilik
entitas induk sebesar Rp1.032,55 miliar.


PENGAWASAN DALAM PERUMUSAN                             DAN        SUPERVISION OF CORPORATE STRATEGY
IMPLEMENTASI STRATEGI PERUSAHAAN                                  FORMULATION AND IMPLEMENTATION
Dewan Komisaris senantiasa memantau implementasi setiap           The Board of Commissioners continues to monitor the
strategi dan inisiatif strategis Perseroan. Untuk memastikan      implementation of every corporate strategy and strategic
tercapainya target-target kinerja Perseroan, Dewan Komisaris      initiative. To ensure that performance targets are achieved,
dan Direksi melakukan komunikasi dan koordinasi secara            the Board of Commissioners and the Board of Directors
berkala, antara lain melalui proses pelaporan dan diskusi         engage in regular communication and coordination through
dalam rapat bersama Dewan Komisaris dan Direksi. Pada             reporting processes and joint meetings. In 2024, the Board
tahun 2024, Dewan Komisaris menyelenggarakan 12 (dua              of Commissioners held 12 joint meetings with the Board of
belas) kali rapat bersama Direksi. Dewan Komisaris juga           Directors. The Board also participated in 12 meetings of the
hadir dalam 12 (dua belas) kali rapat Komite Pengembangan         Business Development Committee. In these forums, the Board
Usaha bersama Direksi di dalam forum rapat bersama,               of Directors reported on quarterly operational and financial
Direksi melaporkan hasil pencapaian kinerja operasional           performance, challenges encountered and their resolutions,
dan keuangan triwulanan, permasalahan yang dihadapi dan           and progress on ongoing projects. The Board of Commissioners
penanganannya serta kemajuan proyek yang sedang berjalan.         provided feedback considering industry dynamics, corporate
Sedangkan Dewan Komisaris memberikan masukan, dengan              objectives, and the interests of shareholders. In our view, the
mempertimbangkan dinamika industri, tujuan Perseroan,             Board of Directors has effectively implemented strategies and
serta kepentingan pemegang saham. Menurut pengamatan              initiatives in accordance with the Board of Commissioners’
Dewan Komisaris, Direksi telah mengimplementasikan strategi       recommendations while maintaining compliance with
dan insiatif secara efektif sesuai saran dan rekomendasi Dewan    applicable laws and good governance principles.
Komisaris dengan tetap mematuhi peraturan perundang-
undangan dan prinsip-prinsip tata kelola yang baik.


PANDANGAN ATAS PROSPEK USAHA YANG                                 OUTLOOK ON THE BUSINESS PROSPECTS
DISUSUN DIREKSI                                                   PRESENTED BY THE BOARD OF DIRECTORS
Prospek pasar ritel Indonesia pada tahun 2025 diperkirakan        The Indonesian retail market is expected to remain positive in
tetap positif, didukung oleh fundamental ekonomi yang             2025, supported by strong economic fundamentals and rising
kuat dan meningkatnya konsumsi domestik. Indeks                   domestic consumption. The Consumer Confidence Index and
keyakinan konsumen dan indeks penjualan eceran dari Bank          Retail Sales Index from Bank Indonesia historically indicate a
Indonesia secara historis menunjukkan tren positif yang           consistent upward trend, reflecting the resilience of the retail
konsisten, mengindikasikan ketahanan sektor ritel di tengah       sector amid global economic challenges and its sustainable
tantangan ekonomi global serta prospek pertumbuhan yang           growth potential in the domestic market.
berkelanjutan di pasar domestik.




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     Laporan Dewan Komisaris
     REPORT OF THE BOARD OF COMMISSIONERS




     Direksi telah memaparkan Rencana Bisnis tahun 2025,             The Board of Directors has presented the 2025 Business Plan,
     termasuk rencana ekspansi gerai baru, serta menambah            including plans for new store expansions and the addition of
     merek dan produk ritel baru ke dalam portofolionya. Langkah     new retail brands and products to the Company’s portfolio.
     ini bertujuan untuk memperkuat posisi Perseroan di pasar dan    These efforts aim to strengthen the Company’s market position
     memenuhi kebutuhan konsumen yang terus berkembang.​             and meet the evolving needs of consumers. The Company also
     Perseroan juga telah menetapkan strategi untuk meningkatkan     plans to enhance productivity at existing stores by improving
     produktivitas dari gerai yang sudah ada, seperti penguatan      services and customer experience, advancing digitalization
     layanan dan customer experience, digitalisasi dan integrasi     and O2O integration, and optimizing store layout and visual
     O2O, serta penyesuaian tata letak dan visual merchandising di   merchandising, particularly in mall-based locations. The Board
     gerai-gerai yang ada di pusat perbelanjaan. Dewan Komisaris     of Commissioners fully supports the Business Plan laid out by
     mendukung penuh Rencana Bisnis yang disusun Direksi             the Board of Directors, as we believe these strategic actions
     karena meyakini bahwa langkah-langkah strategis yang            will result in strong growth and reinforce the Company’s
     diambil Direksi akan menghasilkan pertumbuhan yang solid        leadership in Indonesia’s retail industry.
     dan memperkuat posisi Perseroan di industri ritel Indonesia
     ke depan.


     PANDANGAN ATAS PENERAPAN TATA KELOLA                            VIEWS ON THE IMPLEMENTATION OF GOOD
     PERUSAHAAN                                                      CORPORATE GOVERNANCE
     Dewan Komisaris senantiasa mendorong penerapan tata             The Board of Commissioners continues to encourage the
     kelola perusahaan yang baik (good corporate governance/         application of good corporate governance (GCG) practices
     GCG) di Perseroan melalui sistem manajemen yang efektif         through effective management systems, accompanied by
     disertai dengan proses pengawasan, evaluasi, dan perbaikan      oversight, evaluation, and continuous improvement to ensure
     berkelanjutan untuk menjaga keselarasan praktik GCG dengan      alignment with best practices. In fulfilling its supervisory
     best practice. Dalam menjalankan fungsi pengawasan, Dewan       role, the Board of Commissioners is supported by the Audit
     Komisaris dibantu oleh Komite Audit. Komite Audit bertugas      Committee, which is tasked with reviewing the Company’s
     menelaah laporan keuangan Perseroan, independensi akuntan       financial statements, the independence of public accountants,
     publik, kecukupan manajemen risiko dan pengendalian             the adequacy of risk management and internal controls,
     internal, serta kepatuhan Perseroan terhadap perundangan-       and the Company’s compliance with applicable laws and
     undangan dan peraturan yang berlaku.                            regulations.


     Secara berkala, Dewan Komisaris menerima hasil penelaahan       Periodically, the Board receives results of reviews on internal
     atas efektivitas pengendalian internal dan manajemen risiko     control and risk management effectiveness, conducted by the
     yang dilakukan oleh Komite Audit bekerja sama dengan            Audit Committee in collaboration with the Company’s Internal
     Audit Internal Perseroan. Hasil penelaahan dan rekomendasi      Audit. These findings and improvement recommendations are
     perbaikan disampaikan kepada Direksi untuk ditindaklanjuti.     submitted to the Board of Directors for follow-up. The Board
     Dewan Komisaris menilai bahwa sistem pengendalian internal      of Commissioners believes that the Company’s internal control
     dan manajemen risiko di Perseroan cukup memadai dan             and risk management systems are adequate and effective in
     efektif untuk memastikan kegiatan operasional Perseroan         ensuring smooth business operations.
     dapat berjalan dengan baik.




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PERUBAHAN KOMPOSISI DEWAN KOMISARIS                             CHANGES IN THE COMPOSITION OF THE BOARD
                                                                OF COMMISSIONERS
Pada tahun 2024 tidak ada perubahan komposisi Dewan             In 2024, there were no changes in the composition of the
Komisaris Perseroan. Namun, sebelum batas waktu                 Board of Commissioners. However, prior to the submission
penyampaian Laporan Tahunan 2024 ini, komposisi Dewan           of this 2024 Annual Report, changes occurred based on
Komisaris Perseroan mengalami perubahan berdasarkan             the resolution of the Extraordinary General Meeting of
Keputusan Rapat Umum Pemegang Saham Luar Biasa                  Shareholders (EGMS) held on March 19, 2025. The EGMS
(RUPSLB) tanggal 19 Maret 2025. RUPSLB menyetujui               approved the resignation of Mr. Ardy Hady Wijaya as President
menerima pengunduran diri Bapak Ardy Hady Wijaya selaku         Commissioner, and the resignations of Ms. Elly, Ms. Mitchella
Komisaris Utama Perseroan, Ibu Elly, Ibu Mitchella Ardy Hady    Ardy Hady Wijaya, and Mr. Keith Ardy Hady Wijaya as Directors
Wijaya, dan Bapak Keith Ardy Hady Wijaya masing-masing          of the Company, effective January 31, 2025. The EGMS also
selaku Direktur Perseroan efektif terhitung sejak tanggal       approved the appointment of Mr. Alexander Halim Kusuma as
31 Januari 2025, dan menyetujui untuk mengangkat Bapak          the new President Commissioner.
Alexander Halim Kusuma sebagai Komisaris Utama Perseroan.


APRESIASI                                                       APPRECIATION
Dewan Komisaris menyampaikan apresiasi kepada Direksi,          The Board of Commissioners extends its deepest appreciation
jajaran manajemen, dan seluruh insan Perseroan dan entitas      to the Board of Directors, management, and all employees
anak, atas kerja keras, dedikasi, dan integritas yang telah     of the Company and its subsidiaries for their hard work,
ditunjukkan sepanjang tahun 2024. Semoga Perseroan dapat        dedication, and integrity throughout 2024. We hope the
terus tumbuh dan berkembang serta memberikan nilai tambah       Company will continue to grow and thrive, delivering greater
dan manfaat yang lebih besar bagi para pemegang saham,          value and benefits to shareholders, employees, customers,
karyawan, pelanggan, mitra usaha, dan seluruh pemangku          business partners, and all stakeholders in the years ahead.
kepentingan di masa mendatang.




                                               Atas Nama Dewan Komisaris,
                                          On Behalf of the Board of Commissioners,




                                                 Richard Halim Kusuma
                                                         Komisaris
                                                       Commissioner




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     Dewan Komisaris
     THE BOARD OF COMMISSIONERS




          Andreas Harun Djumadi                                       Ardy Hady Wijaya*)                                  Richard Halim Kusuma
                         Komisaris                                           Komisaris Utama                                              Komisaris
                        Commissioner                                      President Commissioner                                         Commissioner



     *)
          Bapak Ardy Hady Wijaya telah efektif mengundurkan diri dari jabatannya sebagai Komisaris Utama pada tanggal 31 Januari 2025.
          Mr. Ardy Hady Wijaya has effectively resigned from his position as President Commissioner on January 31, 2025.




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         I Gusti Putu              Lim Bing Tjay                       Richard M. Harjani
        Suryawirawan               Komisaris Independen                         Komisaris
                                 Independent Commissioner                      Commissioner
        Komisaris Independen
      Independent Commissioner




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     Laporan Direksi
     REPORT OF THE BOARD OF DIRECTOR




                                                                              Budiarto Halim

                                                                         Direktur Utama | President Director




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                         PARA PEMEGANG SAHAM DAN PEMANGKU
                         KEPENTINGAN YANG TERHORMAT,
                         Dear Shareholders and Stakeholders,




              “Pada tahun 2024, Perseroan berfokus pada
              perluasan jaringan ritel dan berkolaborasi
              dengan merek-merek global terkemuka untuk
              menjangkau pasar yang lebih luas. Pada saat
              yang sama, berbagai upaya dilakukan untuk
              meningkatkan produktivitas dan profitabilitas di
              seluruh gerai yang ada.”
              “In 2024, the Company focused on expanding its retail network and onboarding
              leading global brands to reach a wider market. At the same time, efforts were
              made to boost productivity and profitability across existing stores.”




              Meskipun ketidakpastian ekonomi global masih          Despite ongoing global economic uncertainty,
              tinggi,    Indonesia  berhasil   mempertahankan       Indonesia has managed to maintain stable economic
              stabilitas pertumbuhan ekonomi di kisaran 5%.         growth at around 5%. Macroeconomic indicators
              Indikator makroekonomi seperti inflasi tahunan        reflect a strong performance, with annual inflation at
              pada akhir tahun 2024 tercatat hanya 1,57%, jauh      the end of 2024 recorded at just 1.57%, significantly
              lebih rendah dari 2,61% pada akhir tahun 2023.        lower than 2.61% at the end of 2023. The Consumer
              Indeks Keyakinan Konsumen (IKK) rata-rata berada      Confidence Index (CCI) averaged 124.51, a minimal
              di angka 124,51, hanya turun 1,15 poin dari 124,36    decline of only 1.15 points from the previous year’s
              pada tahun sebelumnya yang mencerminkan               125.66, indicating continued consumer optimism. A
              keyakinan konsumen yang stabil. Survei Penjualan      3.0% increase in the Retail Sales Survey also points
              Eceran yang meningkat sekitar 3,0% menunjukkan        to improving household consumption. Moreover, the
              perbaikan konsumsi rumah tangga. Selain itu,          peaceful and orderly execution of the General and
              pelaksanaan Pemilihan Umum dan Pemilihan Kepala       Regional Elections has fostered optimism within the
              Daerah serentak telah berlangsung dengan aman         business community that the new administration will
              dan kondusif, memberikan optimisme bagi para          carry forward the policies of its predecessor.
              pelaku industri bahwa kepemimpinan baru akan
              melanjutkan kebijakan dari pemerintah sebelumnya.




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     Dari sisi industri dimana Perseroan menjalankan kegiatan         In the industries where the Company operates, Indonesia’s
     usahanya,      pasar    smartphone   Indonesia  mengalami        smartphone market has experienced strong demand growth,
     pertumbuhan permintaan yang signifikan, didukung oleh            driven by the accelerated adoption of 5G-enabled devices.
     peningkatan adopsi perangkat 5G. Sementara pasar laptop          Meanwhile, the laptop and computer market continues
     dan komputer tetap tumbuh stabil sejalan dengan kebutuhan        to grow steadily, supported by ongoing demand for work,
     untuk mendukung aktivitas kerja dan pendidikan, serta tren       education, and digital transformation. The Internet of Things
     digitalisasi yang terus berkembang. Sementara pasar Internet     (IoT) sector is also expanding rapidly, spurred by government-
     of Things (IoT) terus tumbuh dengan cepat didukung oleh          industry collaboration to promote local products and build an
     kolaborasi antara pemerintah dan pemangku kepentingan            inclusive digital ecosystem.
     industri untuk meningkatkan produk lokal dan membangun
     ekosistem digital yang inklusif.


     Industri active lifestyle juga menunjukkan pertumbuhan           The active lifestyle industry is showing promising growth as
     yang menjanjikan, seiring dengan meningkatnya kesadaran          public awareness around health, fitness, and active living
     masyarakat terhadap pentingnya kesehatan, kebugaran, dan         continues to rise. While the electric vehicle (EV) market
     gaya hidup aktif. Pasar kendaraan listrik (EV) di Indonesia      in Indonesia remains in the early stages of development
     masih dalam tahap awal pengembangan dan adopsi,                  and adoption, its growth outlook is highly optimistic. The
     tetapi memberikan proyeksi pertumbuhan yang optimistis.          government has demonstrated a firm commitment to
     Pemerintah telah berkomitmen untuk mengembangkan                 developing the EV ecosystem, most notably through nickel
     ekosistem EV, antara lain melalui hilirisasi nikel sebagai       downstreaming to support battery production and by offering
     komponen penting dalam baterai kendaraan listrik dan             various tax incentives.
     berbagai insentif perpajakan.


     Industri kesehatan mengalami pertumbuhan yang konsisten          The healthcare industry has shown consistent growth in recent
     dalam beberapa tahun terakhir. Segmen apotek ritel baik          years, with the retail pharmacy segment, both independent
     apotek independen maupun apotek jaringan global semakin          outlets and global chains, expanding rapidly, particularly in
     banyak hadir, terutama di wilayah perkotaan dan semi             urban and semi-urban areas.
     perkotaan.


     Industri makanan dan minuman (F&B) menunjukkan                   The food and beverage (F&B) sector continues to record solid
     pertumbuhan yang solid didorong oleh perubahan gaya              growth, driven by evolving consumer lifestyles. Culinary trends
     hidup masyarakat. Tren bisnis kuliner seperti makanan sehat,     such as healthy, organic, and natural ingredients are gaining
     organik, dan menggunakan bahan-bahan alami semakin               popularity among health-conscious consumers.
     diminati konsumen yang peduli kesehatan.


     Sektor ritel modern, termasuk supermarket sekelas Grand          Lastly, the modern retail sector, including high-end
     Lucky Superstore, mengalami pertumbuhan yang signifikan.         supermarkets like Grand Lucky Superstore, is experiencing
     Jumlah gerai ritel modern, seperti minimarket dan supermarket,   significant expansion. The number of modern retail outlets,
     terus berkembang untuk memenuhi permintaan konsumen              including minimarkets and supermarkets, continues to grow
     yang semakin tinggi.                                             to meet the increasing consumer demand.


     INISIATIF BISNIS STRATEGIS PADA TAHUN 2024                       STRATEGIC BUSINESS INITIATIVES IN 2024
     Insiatif strategis Perseroan melalui anak usaha pada tahun       In 2024, the Company’s strategic initiatives, carried out through
     2024 adalah melanjutkan ekspansi jaringan ritel dan              its subsidiaries, focused on expanding its retail network and
     menambah merek-merek terkemuka dari berbagai principal           introducing leading brands from various global principals to
     global untuk menjangkau spektrum konsumen yang lebih             reach a broader range of consumers in Indonesia. At the same
     luas di seluruh Indonesia. Di sisi lain, Perseroan fokus untuk   time, the Company focused on increasing the productivity and
     meningkatkan produktivitas dan profitabilitas gerai-gerai yang   profitability of its existing stores.
     sudah ada.




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Sepanjang tahun, Perseroan juga berhasil membuka 278 gerai           Throughout the year, the Company successfully opened 278
baru, sehingga pada akhir tahun 2024, jumlah jaringan ritel          new stores, increasing the total number of retail outlets to
Perseroan mencapai 2.194 gerai yang tersebar di Indonesia,           2,194 by the end of 2024, spread across Indonesia, Malaysia,
Malaysia, dan Singapura, didukung oleh 77 pusat distribusi           and Singapore. This expansion is supported by 77 Company-
milik Perseroan dengan jaringan distribusi ke lebih dari 54.000      owned distribution centers and a distribution network that
gerai ritel pihak ketiga di Indonesia.                               includes over 54,000 third-party retail stores throughout
                                                                     Indonesia.


Erajaya Digital fokus untuk memperluas jaringan ritel baik           Erajaya Digital focused on expanding its retail presence
monobrand store maupun multibrand elektronik. Erajaya Active         through both monobrand and multibrand electronics stores.
Lifestyle menambah merek dan bisnis baru seperti Under               Erajaya Active Lifestyle expanded its brand portfolio and new
Armour untuk produk fashion & sport apparel. Perluasan               business lines, including Under Armour for fashion and sports
jaringan ritel terutama untuk saluran ritel monobrand IoT dan        apparel. The expansion of monobrand retail stores, especially
fashion apparel seperti Garmin, DJI, ASICS dan JDSport terus         in the IoT and fashion apparel segments, such as Garmin,
dilanjutkan. Melalui vertikal Erajaya Active Lifestyle, Perseroan    DJI, ASICS, and JD Sports, continued to be a strategic priority.
resmi memasuki bisnis Smart EV sebagai bagian dari gaya              Through its Erajaya Active Lifestyle vertical, the Company
hidup modern bekerja sama dengan merek XPENG. Bisnis                 officially entered the Smart EV business as part of a modern
baru ini menjadi langkah strategis memasuki pasar EV sebagai         lifestyle offering, through a strategic collaboration with XPENG.
Agen Tunggal Pemegang Merek (ATPM) produk XPENG.                     This new venture marks a significant move into the EV market,
                                                                     where the Company acts as the Exclusive Brand Holder Agent
                                                                     (ATPM) for XPENG products in Indonesia.


Erajaya Food & Nourishment memperkenalkan sejumlah                   Erajaya Food & Nourishment introduced several new retail
merek ritel baru yaitu Curry Up, Bacha Coffee, dan Wetzel            brands, including Curry Up, Bacha Coffee, and Wetzel’s Pretzels,
Pretzel. Selain itu, ekspansi jaringan ritel Paris Baguette dan      while continuing the retail expansion of Paris Baguette and
Grand Lucky terus dilanjutkan. Di bawah Erajaya Beauty               Grand Lucky. Under Erajaya Beauty & Wellness, a collaboration
& Wellness, kolaborasi dengan CARiNG Pharmacy Retail                 with CARiNG Pharmacy Retail Management Sdn Bhd from
Management Sdn Bhd dari Malaysia hingga akhir 2024 telah             Malaysia brought 14 Wellings pharmacies to Indonesia by the
menghadirkan 14 apotek Wellings di Indonesia.                        end of 2024.


PERANAN DIREKSI DALAM PERUMUSAN                                      THE ROLE OF THE BOARD OF DIRECTORS IN
STRATEGI DAN KEBIJAKAN STRATEGIS                                     FORMULATING STRATEGY AND STRATEGIC
                                                                     POLICY
Sebelum memasuki tahun 2024, Direksi menetapkan Rencana              Prior to entering 2024, the Board of Directors established a
Bisnis yang menjabarkan tujuan, sasaran, dan strategi                Business Plan outlining the Company’s objectives, targets, and
Perseroan untuk satu tahun ke depan yang diselaraskan                strategies for the upcoming year, aligned with the Company’s
dengan Rencana Jangka Panjang Perusahaan. Dalam proses               Long-Term Plan. During its formulation, the Board of Directors
perumusannya, Direksi berkoordinasi dengan Dewan                     coordinated with the Board of Commissioners through joint
Komisaris dalam rapat bersama Direksi dan Dewan Komisaris.           meetings. In these meetings, the Board of Directors presented
Direksi memaparkan proyeksi industri dan memberikan                  industry projections and provided detailed explanations
penjelasan atas draft Rencana Bisnis kepada Dewan Komisaris.         of the draft Business Plan to the Board of Commissioners.
Dewan Komisaris secara aktif memberikan pendapat dan                 The Board of Commissioners actively offered feedback and
rekomendasi yang menjadi masukan untuk finalisasi Rencana            recommendations, which served as valuable input in finalizing
Bisnis Perseroan. Selanjutnya, Dewan Komisaris memberikan            the Business Plan. The Board of Commissioners subsequently
persetujuan dan pengesahan Rencana Bisnis sebelum tahun              approved and ratified the Business Plan before the start of the
buku dimulai.                                                        fiscal year.


PROSES YANG DILAKUKAN DIREKSI UNTUK                                  PROCESSES UNDERTAKEN BY THE BOARD
MEMASTIKAN IMPLEMENTASI STRATEGI                                     OF DIRECTORS TO ENSURE STRATEGY
                                                                     IMPLEMENTATION
Rencana Bisnis yang telah disetujui menjadi acuan bagi seluruh       The approved Business Plan is used as a reference by all
direktorat, bisnis vertikal, departemen, hingga ke tingkat           directorates, business verticals, departments, and even
individu untuk melakukan penjabaran sasaran strategis dan            individuals to break down strategic objectives and identify
menetapkan indikator kinerja utama (KPI) yang harus dicapai.         key performance indicators (KPIs) to be achieved. With clearly
Dengan adanya target KPI berjenjang yang jelas, Direksi              defined KPI targets, the Board of Directors can monitor and
dapat memantau dan mengevaluasi efektivitas dari semua               assess the effectiveness of ongoing strategy implementation at
implementasi strategi yang sedang berjalan melalui rapat             regular management and Business Development Committee



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     berkala dengan manajemen dan rapat Komite Pengembangan            meetings. The Board of Directors can also track performance
     Usaha. Direksi juga dapat memonitor pencapaian kinerja            achievements in real time using digital platforms, which serves
     secara realtime melalui platform digital sebagai dasar evaluasi   as a foundation for assessing the success of implemented
     Direksi dalam menilai keberhasilan implementasi strategi.         strategies. If necessary, and with the approval of the Board of
     Apabila diperlukan, atas persetujuan Dewan Komisaris,             Commissioners, the Board of Directors may revise targets and
     Direksi dapat melakukan revisi target yang dilanjutkan dengan     later adjust the implementation of new strategies.
     melakukan penyesuaian penerapan strategi baru.


     RINGKASAN KINERJA KEUANGAN                                        FINANCIAL PERFORMANCE SUMMARY
     Ekspansi jaringan ritel dan penambahan merek-merek                The expansion of the retail network and the addition of
     baru di sepanjang tahun 2024 berkontribusi positif pada           new brands throughout 2024 contributed positively to the
     kinerja keuangan Perseroan. Perseroan berhasil menjaga            Company’s financial performance. The Company successfully
     kesinambungan      pertumbuhan       dengan   membukukan          sustained its growth momentum by recording net sales
     penjualan neto sebesar Rp65.279,68 miliar, tumbuh 8,5%            of Rp65,279.68 billion, an increase of 8.5% compared to
     dibandingkan Rp60.139,41 pada tahun 2023. Penjualan neto          Rp60,139.41 billion in 2023. The Company’s net sales were
     Perseroan berasal dari kontribusi segmen Telepon Seluler dan      driven by contributions from the Mobile Phones and Tablets
     Tablet, segmen Komputer dan Peralatan Elektronik Lainnya,         segment, the Computers and Other Electronic Equipment
     dan segmen Produk Operator.                                       segment, and the Operator Products segment.


     Sejalan dengan peningkatan penjualan neto, Perseroan              In line with the increase in net sales, the Company achieved a
     memperoleh laba bruto sebesar Rp7.275,73 miliar, tumbuh           gross profit of Rp7,275.73 billion, up 12.8% from Rp6,447.77
     12,8% dibandingkan Rp6.447,77 miliar pada tahun 2023              billion in 2023. The gross profit margin improved from 10.72%
     dengan marjin laba bruto naik dari 10,72% pada tahun              in 2023 to 11.15%, reflecting successful cost of goods sold
     2023 menjadi 11,15% merefleksikan keberhasilan dalam              management and operational efficiency.
     pengendalian beban pokok penjualan yang efisien.


     Perseroan menghasilkan laba tahun berjalan sebesar                The Company recorded a profit for the year of Rp1,119.49
     Rp1.119,49 miliar, naik 30,6% dibandingkan Rp856,86 miliar        billion, a 30.6% increase compared to Rp856.86 billion in
     pada tahun 2023, dengan laba tahun berjalan yang dapat            2023, with profit attributable to owners of the parent entity
     diatribusikan kepada pemilik entitas induk sebesar Rp1.032,55     amounting to Rp1,032.55 billion.
     miliar.


     PERBANDINGAN              ANTARA          TARGET        DAN       COMPARISON              BETWEEN           TARGETS          AND
     REALISASI                                                         REALIZATION
     Saat ini Perseroan mempertimbangkan untuk tidak                   At present, the Company has opted not to disclose its
     mengungkapkan target-target operasional dan keuangan              operational and financial targets to the public due to the intense
     kepada publik mengingat tingkat kompetisi yang ketat dengan       level of competition, with numerous local and international
     banyaknya brand lokal maupun internasional yang hadir             brands entering the Indonesian market, particularly in the
     di pasar Indonesia, terutama di sektor fashion dan sports         fashion and sports apparel segments, as well as increasing
     apparel, termasuk persaingan dalam mendapatkan lokasi             competition in securing strategic retail locations. Despite
     yang strategis. Strategi Perseroan untuk memperkuat posisi        this, the Company’s strategy to strengthen its retail presence
     ritel Perseroan dan melanjutkan momentum pertumbuhan              and maintain strong growth momentum resulted in robust
     yang signifikan, menghasilkan kinerja pendapatan yang kuat        revenue performance in 2024. Using the 2023 performance
     pada 2024. Menggunakan pencapaian kinerja tahun 2023              as a benchmark, the Company successfully recorded an 8.5%
     sebagai basis pertumbuhan, Perseroan berhasil mencatatkan         increase in net sales and a 30.6% growth in profit for the year.
     penjualan yang tumbuh 8,5% dan laba tahun berjalan tumbuh
     30,6%.




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TANTANGAN YANG DIHADAPI                                             CHALLENGES
Meskipun tahun 2024 diwarnai oleh dinamika politik, iklim           Although 2024 was marked by political dynamics, the business
usaha di Indonesia tetap kondusif. Dengan fokus pada                climate in Indonesia remained conducive. By focusing on the
segmen menengah atas yang relatif lebih tangguh terhadap            upper-middle market segment, which is generally more resilient
ketidakpastian ekonomi, Perseroan berhasil menjaga                  to economic uncertainty, the Company successfully maintained
performa bisnis yang solid. Jaringan gerai yang sebagian besar      solid business performance. With a retail network largely
berlokasi di pusat perbelanjaan modern serta lini bisnis yang       based in modern shopping malls and business lines that target
menyasar gaya hidup dan kebutuhan sehari-hari telah semakin         lifestyle and daily needs, the Company further strengthened
memperkuat daya saing Perseroan di tengah perubahan                 its competitive edge amidst evolving consumer behavior. The
perilaku konsumen. Perseroan terus memperbaiki proses               Company continued to refine its business processes, enhance
bisnis, meningkatkan digitalisasi melalui platform e-commerce       digitalization through its owned e-commerce platforms, and
yang dimiliki, dan mempertajam strategi O2O yang sudah              sharpen its O2O (online-to-offline) strategy, which has become
menjadi bagian yang penting dari ekosistem penjualan di             an integral part of the retail ecosystem in Indonesia.
Indonesia.


Saat ini perilaku konsumen lebih memilih kembali berbelanja         Currently, consumer behavior is shifting back toward offline
offline untuk mendapatkan pengalaman berbelanja yang                shopping to enjoy a more comfortable and interactive
lebih nyaman dan interaktif. Perseroan menjawabnya dengan           experience. The Company has responded by designing modern
membuat gerai dengan tampilan moden, meningkatkan                   store layouts, enhancing the product knowledge of sales staff,
product knowledge staf pemasaran, penyediaan demo produk            providing product demonstrations in stores, and offering
di gerai, dan menawarkan berbagai program promosi eksklusif         various exclusive promotions and attractive financing schemes
dan skema pembiayaan yang menarik berkat dukungan mitra             supported by strategic partnerships with finance companies.
strategis perusahaan pembiayaan.


Dari sisi ketersediaan talenta, persaingan dalam merekrut           In terms of talent availability, the competition to recruit top
talenta terbaik semakin ketat, terutama dengan banyaknya            talent is intensifying, especially as other sectors actively pursue
sektor lain yang juga aktif dalam rekrutmen. Perseroan              recruitment. The Company has implemented several strategies
menerapkan beberapa strategi untuk memenuhi kebutuhan               to quickly meet its talent needs, including collaboration with
talenta secara cepat, antara lain melalui kolaborasi dengan         educational institutions, particularly vocational schools, as
institusi pendidikan, terutama pendidikan vokasi sebagai salah      a talent acquisition channel. Regarding talent development,
satu strategi channeling untuk merekrut Talenta. Dalam hal          given the varied competency requirements across business
pengembangan talenta, di mana setiap lini vertikal memiliki         verticals, the Company inaugurated the Erajaya Corporate
kebutuhan kompetensi yang berbeda, pada tahun 2024                  University in 2024. This serves as the central hub for employee
Perseroan meresmikan Corporate University Erajaya yang              competency development, offering training and development
menjadi sentra pengembangan kompetensi karyawan dan                 programs tailored to each business line and aligned with
melalui program-program pelatihan dan pengembangan yang             current trends.
relevan dengan tren terkini sesuai kebutuhan setiap lini bisnis.


Dari perspektif regulasi, setiap bisnis vertikal yang dimiliki      From a regulatory perspective, each of the Company’s vertical
Perseroan memiliki regulasi yang berbeda-beda dan terus             businesses operates under different and evolving regulations,
berkembang, yang memerlukan penyesuaian dan strategi                requiring continuous adaptation and agile strategies.
yang adaptif. Industri gaya hidup membutuhkan pemahaman             The lifestyle industry, for example, demands profound
yang mendalam terkait regulasi produk yang terus diperbarui.        understanding of frequently updated product regulations.
Sementara industri grocery dan makanan harus mematuhi               Meanwhile, the grocery and food segments must comply
regulasi terkait labelisasi dan kehalalan produk yang semakin       with increasingly stringent labeling and halal certification
diperhatikan oleh konsumen. Di sisi restoran, regulasi terkait      requirements, which are gaining more attention from
dengan standar kebersihan dan kesehatan juga semakin                consumers. In the restaurant business, health and hygiene
ketat, terutama di tengah meningkatnya perhatian pada               standards are becoming stricter, especially amid growing
keberlanjutan dan praktik ramah lingkungan. Perseroan               awareness of sustainability and environmentally friendly
merespons tantangan tersebut melalui sistem manajemen               practices. The Company addresses these challenges through a
kepatuhan yang terstruktur dan fleksibel.                           structured yet flexible compliance management system.




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     PROSPEK KE DEPAN                                               FUTURE OUTLOOK
     Prospek ekonomi domestik akan dipengaruhi oleh realisasi       The outlook for the domestic economy will be influenced
     kebijakan ekonomi dari pemerintah baru yang mulai bekerja      by the implementation of economic policies by the new
     setelah dilantik pada Oktober 2024. Beberapa program dan       government, which took office in October 2024. Several
     kebijakan pemerintah yang telah diumumkan menumbuhkan          programs and policy announcements have already generated
     optimisme pasar. Salah satu prioritas pemerintah di bidang     market optimism. One of the government’s economic priorities
     ekonomi adalah menjaga tingkat inflasi di kisaran 2,5±1%       is to maintain inflation within the 2.5±1% range to support
     untuk mendukung akselerasi pertumbuhan ekonomi nasional.       accelerated national economic growth. This inflation target is
     Target inflasi ini didasarkan pada beragam faktor yang         based on a variety of factors that may impact future economic
     berpotensi memengaruhi perkembangan ekonomi ke depan.          development.


     Berdasarkan indikator makroekonomi yang positif, Perseroan     Given these positive macroeconomic indicators, the Company
     optimis dapat mencapai pertumbuhan kinerja yang lebih          is optimistic about achieving stronger performance growth in
     baik lagi pada tahun 2025. Fokus utama Perseroan adalah        2025. The Company’s main focus will be to continue expanding
     melanjutkan ekspansi untuk memperluas cakupan pasar            its market reach by adding new brands to its portfolio and
     dengan menambah portofolio merek dan penambahan                increasing its retail network. It also aims to drive sustainable
     jaringan ritel, serta mendorong pertumbuhan berkelanjutan      growth by optimizing its existing products and store network.
     melalui optimalisasi produk dan jaringan toko yang sudah
     dimiliki.


     Perseroan mempertimbangkan karakteristik kebutuhan pasar       The Company tailors a relevant portfolio for its customers by
     lokal yang unik dan dinamis untuk menyesuaikan portofolio      taking into account the unique and dynamic characteristics
     yang relevan dengan kebutuhan pelanggan. Khususnya untuk       of local market needs. In the handset business, the Company
     bisnis handset, Perseroan akan membuka lebih banyak toko       intends to open more street-level stores in areas that are not
     di street level di wilayah yang belum sepenuhnya terjangkau.   yet fully covered. It will also concentrate on expanding retail
     Perseroan juga fokus untuk memperluas jaringan ritel yang      networks in emerging segments such as active & lifestyle and
     masih dalam tahap pengembangan, seperti active & lifestyle     food & beverage, particularly in major shopping malls.
     dan F&B, terutama di pusat-pusat perbelanjaan.


     MEMPERKUAT KOMITMEN                     UNTUK        TATA      ENHANCING THE QUALITY OF THE CORPORATE
     KELOLA TERBAIK                                                 GOVERNANCE
     Perseroan berkomitmen untuk menerapkan prinsip-                The Company is committed to consistently and sustainably
     prinsip tata kelola perusahaan yang baik (good corporate       implementing the principles of good corporate governance
     governance/GCG) secara konsisten dan berkelanjutan guna        (GCG) to create long-term value, strengthen its reputation,
     menciptakan nilai jangka panjang, memperkuat reputasi, serta   and enhance stakeholder trust. The implementation of GCG
     meningkatkan kepercayaan para pemangku kepentingan.            is continuously refined to align with prevailing laws and
     Implementasi GCG terus disempurnakan agar selaras dengan       regulations as well as industry best practices.
     peraturan perundang-undangan yang berlaku dan praktik
     terbaik di industri.


     Sebagai perusahaan publik, kualitas tata kelola di Perseroan   As a publicly listed company, the quality of governance at the
     menjadi indikator penting bagi pemegang saham, investor,       Company serves as a key indicator for shareholders, investors,
     dan publik untuk menilai kinerja dan memastikan bahwa          and the public in evaluating performance and ensuring that
     Perseroan dikelola secara profesional dan akuntabel, dengan    the Company is managed professionally and accountably, with
     perlindungan optimal terhadap kepentingan pemegang             optimal protection of shareholder interests. The Company
     saham. Perseroan menerapkan mekanisme kepatuhan yang           implements a strict compliance mechanism to assess the
     ketat dalam menilai kelayakan seluruh portofolio investasi.    feasibility of all investment portfolios. This process is supported
     Proses ini didukung oleh keberadaan Investment Committee       by the presence of the Investment Committee and Commercial
     dan Commercial Committee yang secara rutin mengadakan          Committee, which hold regular monthly meetings to conduct
     rapat bulanan untuk melakukan evaluasi dan pengawasan.         evaluations and oversight.




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PERUBAHAN KOMPOSISI DIREKSI                                       CHANGES IN THE COMPOSITION OF THE BOARD
                                                                  OF DIRECTORS
Pada tahun 2024 tidak ada perubahan komposisi Direksi             In 2024, the composition of the Company’s Board of Directors
Perseroan. Namun, sebelum batas waktu penyampaian                 remained unchanged. However, prior to the deadline for
Laporan Tahunan 2024 ini, komposisi Direksi Perseroan             submitting the 2024 Annual Report, the Board of Directors’
mengalami perubahan berdasarkan Keputusan Rapat Umum              composition changed as a result of a resolution passed at
Pemegang Saham Luar Biasa (RUPSLB) tanggal 19 Maret 2025.         the Extraordinary General Meeting of Shareholders (EGMS)
RUPSLB antara lain menyetujui menerima pengunduran diri           on March 19, 2025. The EGMS approved, among other things,
Ibu Elly, Ibu Mitchella Ardy Hady Wijaya, dan Bapak Keith Ardy    the resignations of Ms. Elly, Ms. Mitchella Ardy Hady Wijaya,
Hady Wijaya masing-masing selaku Direktur Perseroan efektif       and Mr. Keith Ardy Hady Wijaya from their respective positions
terhitung sejak tanggal 31 Januari 2025 dan mengangkat Bapak      as Directors of the Company, effective January 31, 2025, and
Patrick Adhiatmadja sebagai Direktur Perseroan.                   the appointment of Mr. Patrick Adhiatmadja as Director of the
                                                                  Company.


APRESIASI                                                         APPRECIATION
Atas nama Direksi, saya ingin menyampaikan terima kasih           On behalf of the Board of Directors, I would like to extend
kepada Pemegang Saham atas dukungan dan kepercayaannya,           my sincere gratitude to our Shareholders for their continued
serta kepada Dewan Komisaris yang telah memberikan                support and trust and to the Board of Commissioners for
nasihat, arahan, dan dukungannya kepada Direksi dalam             their valuable advice, guidance, and support for the Board
menjalankan tugas kepengurusan Perseroan sepanjang tahun          of Directors throughout 2024. My deepest appreciation goes
2024. Penghargaan setinggi-tingginya saya sampaikan kepada        to all employees of the Company who have demonstrated
seluruh insan Perseroan yang telah menunjukkan kinerja            outstanding performance both individually and as a team,
terbaik sebagai individu maupun di dalam kerja sama tim           enabling the Company to navigate the challenges of 2024
sehingga Perseroan dapat melalui berbagai tantangan tahun         successfully. May the Company continue to deliver optimal
2024 dengan baik. Semoga Perseroan dapat terus memberikan         value to our shareholders, employees, business partners,
manfaat yang optimal bagi para pemegang saham, karyawan,          customers, and the broader Indonesian community.
mitra usaha, pelanggan, dan masyarakat Indonesia.




                                                     Atas Nama Direksi,
                                              On Behalf of the Board of Directors,




                                                       Budiarto Halim
                                                        Direktur Utama
                                                       President Director




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          Laporan Manajemen
           Management Reports




     Direksi
     THE BOARD OF DIRECTOR




      Jong Woon Kim                                  Elly*)                    Budiarto Halim                          Joy Wahjudi            Djohan Sutanto
                Direktur                           Direktur                      Direktur Utama                     Wakil Direktur Utama          Direktur
                Director                           Director                      President Director                 Vice President Director       Director




     *)
          Ibu Elly telah efektif mengundurkan diri dari jabatannya sebagai Direktur pada tanggal 31 Januari 2025.
          Ms. Elly has effectively resigned from his position as Director on January 31, 2025.




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                                                                                                                                       Laporan Manajemen
                                                                                                                                       Management Reports




         Hasan Aula                       Keith Ardy                       Sintawati Halim                     Mitchella Ardy            Sim Chee Ping
                                         Hady Wijaya**)                                                        Hady Wijaya***)
Wakil Direktur Utama                                                               Direktur                                                  Direktur
Vice President Director                         Direktur                           Director                           Direktur               Director
                                                Director                                                              Director


**)
       Bapak Keith Ardy Hady Wijaya telah efektif mengundurkan diri dari jabatannya sebagai Direktur pada tanggal 31 Januari 2025.
       Mr. Keith Ardy Hady Wijaya has effectively resigned from his position as Director on January 31, 2025.
***)
       Ibu Mitchella Ardy Hady Wijaya telah efektif mengundurkan diri dari jabatannya sebagai Direktur pada tanggal 31 Januari 2025.
       Ms. Mitchella Ardy Hady Wijaya has effectively resigned from his position as Director on January 31, 2025.




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      Laporan Manajemen
       Management Reports




     Pernyataan Manajemen
     atas Laporan Tahunan 2024
     MANAGEMENT’S STATEMENT FOR THE 2024 ANNUAL REPORT


     SURAT PERNYATAAN ANGGOTA DEWAN                                   STATEMENT LETTER OF THE BOARD OF
     KOMISARIS DAN DIREKSI TENTANG                                    COMMISSIONERS AND THE BOARD OF
     TANGGUNG JAWAB ATAS LAPORAN TAHUNAN                              DIRECTORS REGARDING THE RESPONSIBILITY
     TAHUN 2024 PT ERAJAYA SWASEMBADA TBK                             OF 2024 ANNUAL REPORT OF PT ERAJAYA
                                                                      SWASEMBADA TBK

     Kami yang bertanda tangan di bawah ini menyatakan                We, the undersigned below declare that all information
     bahwa semua informasi dalam laporan tahunan PT Erajaya           contained in the 2024 annual report of PT Erajaya Swasembada
     Swasembada Tbk tahun 2024 telah dimuat secara lengkap            Tbk is complete, and take full responsibility for the validity of
     dan bertanggung jawab penuh atas kebenaran isi Laporan           this Annual Report.
     Tahunan Perusahaan.


     Demikian pernyataan ini dibuat dengan sebenarnya.                This statement is made truthfully.



                                                         Jakarta, 30 April 2025


                                                       Dewan Komisaris,
                                                     Board of Commissioners




                                                    Richard Halim Kusuma
                                                              Komisaris
                                                            Commissioner




                    Andreas Harun Djumadi                                                 Richard M. Harjani
                             Komisaris                                                          Komisaris
                           Commissioner                                                       Commissioner




                   I Gusti Putu Suryawirawan                                                  Lim Bing Tjay
                      Komisaris Independen                                               Komisaris Independen
                    Independent Commissioner                                           Independent Commissioner




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                                                                                   Laporan Manajemen
                                                                                   Management Reports




                                        Direksi,
                                    Board of Directors




                                    Budiarto Halim
                                     Direktur Utama
                                    President Director




              Hasan Aula              Joy Wahjudi                            Sintawati Halim
        Wakil Direktur Utama      Wakil Direktur Utama                            Direktur
        Vice President Director   Vice President Director                         Director




           Sim Chee Ping            Djohan Sutanto                           Jong Woon Kim
               Direktur                  Direktur                                 Direktur
               Director                  Director                                 Director




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     PROFIL
     P E R UAN
             SA H A
     Company Profile




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           Company Profile




     Sekilas tentang
     Erajaya
     ERAJAYA AT GLANCE




     “Erajaya merupakan importir, distributor dan
     retailer perangkat telekomunikasi seluler
     terkemuka, termasuk telepon seluler dan tablet,
     kartu SIM, voucher isi ulang operator jaringan
     seluler, aksesori, perangkat Internet of Things
     (IoT), dan voucher Google Play Card. Selain itu,
     Perseroan menyediakan layanan bernilai tambah,
     seperti perlindungan telepon seluler melalui
     TecProtec dan layanan pembiayaan perangkat
     seluler melalui kerja sama dengan perusahaan
     pembiayaan terkemuka di Indonesia. Dengan
     kehadiran pasar yang kuat, Erajaya telah tumbuh
     menjadi perusahaan terbesar dan terpercaya di
     industrinya di Indonesia.”
     “Erajaya is a leading importer, distributor, and retailer of mobile
     telecommunications devices, including mobile phones and tablets, SIM cards,
     mobile network operator top-up vouchers, accessories, Internet of Things (IoT)
     devices, and Google Play Card vouchers. In addition, the Company provides
     value-added services, such as mobile phone protection through TecProtec and
     cellular device leasing services in collaboration with reputable multifinance
     companies in Indonesia. With its strong market presence, Erajaya has grown to
     become the largest and most trusted company in its industry in Indonesia.”




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                                                                                                     Company Profile




PT Erajaya Swasembada Tbk (“Erajaya” atau “Perseroan”)          PT Erajaya Swasembada Tbk (“Erajaya” or the “Company”) was
didirikan dengan nama PT Erajaya Swasembada berdasarkan         established under the name PT Erajaya Swasembada based on
Akta Pendirian No. 7 tanggal 8 Oktober 1996 yang dibuat         the Deed of Establishment No. 7 dated October 8, 1996, made
di hadapan Myra Yuwono, S.H., Notaris di Sukabumi. Akta         before Myra Yuwono, S.H., Notary in Sukabumi. The Deed of
Pendirian tersebut telah memperoleh persetujuan dari            Establishment has obtained approval from the Minister of
Menteri Kehakiman berdasarkan Surat Keputusan No.C2-1270.       Justice based on Decree No. C2-1270.HT.01.01.TH.97 dated
HT.01.01.TH.97 tanggal 24 Februari 1997 dan diumumkan           February 24, 1997 and announced in the Supplement to the
dalam Tambahan Berita Negara Republik Indonesia No.2016         State Gazette of the Republic of Indonesia No. 2016 in the
pada Berita Negara Republik Indonesia No.41, tanggal 23 Mei     State Gazette of the Republic of Indonesia No. 41, dated May
1997.                                                           23, 1997.


Perseroan dan entitas anaknya didirikan dan menjalankan         The Company and its subsidiaries were established and
kegiatan usahanya terutama di Indonesia. Kantor Pusat           operate their business activities primarily in Indonesia. The
Perseroan berlokasi di Jl. Gedong Panjang No. 29-31, Jakarta    Company’s Head Office is located at Jl. Gedong Panjang No. 29-
dan beroperasi secara komersial pada tahun 2000.                31, Jakarta, and it commenced commercial operations in 2000.


Anggaran Dasar Perseroan telah mengalami beberapa kali          The Company’s Articles of Association have gone through
perubahan, terakhir dengan Akta No. 03 tanggal 4 Juli 2022      several amendments, most recently by Deed No. 03 dated
yang dibuat di hadapan R.M. Dendy Soebangil, S.H., M.Kn.,       July 4, 2022, made before R.M. Dendy Soebangil, S.H., M.Kn.,
Notaris di Jakarta.                                             Notary in Jakarta.




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         Profil Perusahaan
           Company Profile




     Sekilas tentang Erajaya
     ERAJAYA AT GLANCE




                        “Pada tanggal 14 Desember 2011 Perseroan
                        melakukan Penawaran Umum Perdana Saham
                        sebanyak 920.000.000 lembar saham dengan nilai
                        nominal Rp500 per saham dengan harga penawaran
                        Rp1.000 per saham di Bursa Efek Indonesia (BEI).
                        Dengan aksi korporasi tersebut, Perseroan resmi
                        menjadi perusahaan terbuka dengan kode saham
                        ‘ERAA’.”
                        “Along with business development that requires stronger capital, on December 14, 2011,
                        the Company conducted an Initial Public Offering of 920,000,000 shares with a nominal
                        value of Rp500 per share at an offering price of Rp1,000 per share on the Indonesia
                        Stock Exchange. With this corporate action, the Company officially became a public
                        company with the ticker ‘ERAA’.”




     Berbekal pengalaman lebih dari 25 tahun di industrinya, saat      With more than 25 years of experience in the industry, Erajaya
     ini Erajaya Group dikenal sebagai salah satu perusahaan yang      Group is now known as one of the most trusted companies
     paling terpercaya dalam usahanya di Indonesia dan memiliki        in its business in Indonesia, with a wide market share and
     pangsa pasar serta jaringan mitra yang luas.                      partner network.


     Hingga akhir 2024, Erajaya Group telah membangun kemitraan        Up to the end of 2024, Erajaya Group has established strategic
     strategis dengan berbagai merek ternama, meliputi Apple,          partnerships with various well-known brands, including Apple,
     Asus, DJI, Garmin, Google, GoPro, Huawei, Infinix, Nokia, Oppo,   Asus, DJI, Garmin, Google, GoPro, Huawei, Infinix, Nokia, Oppo,
     Realme, Samsung, Vivo, Xiaomi, dan lain-lain. Erajaya Group       Realme, Samsung, Vivo, Xiaomi, and others. Erajaya Group
     juga menjalin kerja sama dengan operator jaringan selular         also cooperates with leading cellular network operators in
     terkemuka di Indonesia untuk mendistribusikan produk              Indonesia to distribute their products.
     mereka.




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                                                                                                            Company Profile




Selain memperkuat strategi kemitraan, Perseroan juga                In addition to strengthening the partnership strategy, the
menerapkan strategi bisnis yang berokus pada pelanggan              Company also implements a customer-centric business
(customer-centric) dengan secara aktif melebarkan lini              strategy by actively expanding its business lines through vertical
bisnisnya melalui bisnis vertikal: Erajaya Digital yang berfokus    busniesses: Erajaya Digital, which focuses on 3C products
terhadap produk 3C (Communication, Computers, dan Consumer          (Communication, Computers, and Consumer Electronics);
Electronics); Erajaya Beauty & Wellness yang berfokus terhadap      Erajaya Beauty & Wellness, which focuses on health and
produk dan layanan kesehatan dan kecantikan; Erajaya Active         beauty products and services; Erajaya Active Lifestyle, which
Lifestyle, yang berfokus pada produk dan aksesoris yang             focuses on products and accessories related to lifestyle
berhubungan dengan gaya hidup melalui beragam produk                through various products such as IoT, accessories, sports
seperti IoT, aksesoris, sport fashion apparel, dan lainnya; dan     fashion apparel, and others; and Erajaya Food & Nourishment,
Erajaya Food & Nourishment, yang berfokus terhadap produk           which focuses on products in the Food, Beverages, & Groceries
di bisnis Food, Beverages, & Supermarket.                           business.


Perseroan juga memiliki sejumlah layanan inovatif untuk             The Company also has a variety of innovative services to
menghadirkan customer experience terbaik seperti Mobile             provide the best customer experience, such as Mobile Selling
Selling dan EraXpress yang merupakan layanan home delivery          and EraXpress, which are home delivery services directly from
service langsung dari toko terdekat sehingga konsumen bisa          the nearest store, allowing consumers to receive their ordered
menerima produk pesanannya dengan cepat.                            products quickly.


Perseroan juga memiliki layanan omnichannel yang                    The Company also has omnichannel services that combine
menggabungkan pengalaman berbelanja offline dan online              offline and online shopping experiences seamlessly for a
secara seamless untuk pengalaman berbelanja yang lebih              better shopping experience, such as the “Click N’ Pickup”
baik, seperti layanan “Click N’ Pickup” di mana pelanggan           service, where after customers complete their transactions
menyelesaikan transaksinya secara online dan bisa memilih           online, they can choose the intended retail outlet to pick up
gerai ritel yang dituju untuk pengambilan produk secara             the product directly.
langsung.




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     Profil Perusahaan
     Company Profile




     Identitas Perseroan
     CORPORATE IDENTITY




     Nama Perusahaan
     Company Name
                                              PT ERAJAYA SWASEMBADA TBK

     Tanggal Pendirian                        8 Oktober 1996
     Date Of Establishment                    October 8, 1996

     Dasar Hukum Pendirian                    Akta Pendirian No. 7 tanggal 8 Oktober 1996, dibuat di hadapan Myra Yuwono, S.H.,
     Legal Basis of Establishment             Notaris di Sukabumi, yang telah diumumkan dalam Tambahan Berita Negara Repub-
                                              lik Indonesia No. 2016 pada Berita Negara Republik Indonesia No. 41 tanggal 23 Mei
                                              1997.
                                              Deed of Establishment No. 7 dated October 8, 1996, made before Myra Yuwono,
                                              S.H., Notary in Sukabumi, which has been announced in the Supplement to the State
                                              Gazette of the Republic of Indonesia No. 2016 of the State Gazette of the Republic of
                                              Indonesia No. 41 dated May 23, 1997.

     Bidang Usaha                             Importir, Peritel & Distribusi Perangkat Telekomunikasi
     Line of Business                         Importer, Retailer & Distribution of Telecommunication Equipment

     Izin Usaha                               •    Pedagang Besar Berbagai Barang dan Perlengkapan Rumah Tangga Lainnya
     Business Lincense                             Yang Tidak Termasuk Dalam Lainnya (YTDL)
                                                   Wholesaler of Various Goods and Other Home Appliances Which Is Not Included
                                                   in the Others (YTDL)
                                              •    Perdagangan Besar Mesin, Peralatan, dan Perlengkapan Lainnya
                                                   Wholesale trade of Machinery, Equipment, and Other Equipment
                                              •    Perdagangan Besar Peralatan Telekomunikasi
                                                   Wholesale Trade of Telecommunications Equipment
                                              •     Jasa Sertifikasi
                                                   Certification Services

     Modal Dasar
                                              Rp3.900.000.000.000
     Authorized Capital
     Modal Ditempatkan & Disetor
                                              Rp1.595.000.000.000
     Issued and Paid-Up Capital
     Kepemilikan Saham                        •    PT Eralink International              (54,51%)
     Share Ownership                          •    Saham Treasuri | Treasury Stock        (1,05%)
                                              •    Publik | Public*) 	                   (44,44%)

                                              *)
                                                   Masing-masing kepemilikan di bawah
                                                   Each ownership below 5%

                                              per 31 Desember 2024 | As of December 31, 2024




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                                                                                       Profil Perusahaan
                                                                                         Company Profile




Pencatatan Saham         Bursa Efek Indonesia pada tanggal 14 Desember 2011
Stock Listing            Indonesia Stock Exchange on December 14, 2011

Kode Saham
                         ERAA
Ticker Code

Jumlah Karyawan          6.131 Karyawan | Employees
Number of Employees      per 31 Desember 2024 | As of December 31, 2024

Alamat Kantor            Erajaya Plaza
Pusat [POJK C.2]         Jl. Bandengan Selatan No. 19-20
Address of Head Office   Pekojan – Tambora
                         Jakarta Barat 11240 – Indonesia

                         kontak | contacts
                         T. +62-21 690 5788
                         F. +62-21 690 5789

Situs Web                www.erajaya.com
Website

Pelayanan Pelanggan      T. +62-21 690 5788
Customer Service         F. +62-21 690 5789
                         www.erajaya.com/contact-us
                         customercare@erajaya.com

Sekretaris Perusahaan    Amelia Allen
Corporate Secretary      E-mail: dl-corsec@erajaya.com and investor.relations@erajaya.com

Keanggotaan dalam        •   Asosiasi Emiten Indonesia (AEI)
Asosiasi [POJK C.5]          Indonesian Public Listed Companies Association
Association Membership   •   Indonesian Corporate Secretary Association (ICSA)
                         •   Asosiasi Ponsel Seluruh Indonesia (APSI)
                             Indonesian Mobile Phone Association
                         •   Himpunan Peritel dan Penyewa Pusat Perbelanjaan Indonesia (HIPPINDO)
                             Indonesian Retail & Tenant Association




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     Profil Perusahaan
     Company Profile




     Visi & Misi Perusahaan                                  [POJK C.1]

     COMPANY VISION AND MISSION




                                                                   VISI                     VISION


                                                                   Menjadi pilihan utama bagi solusi
                                                                   distribusi ritel di ranah gaya hidup
                                                                   modern yang cerdas, menciptakan
                                                                   nilai abadi bagi semua pemangku
                                                                   kepentingan kami.

                                                                   To be the preferred choice for retail distribution
                                                                   solutions in the smart modern lifestyle domain,
                                                                   creating lasting value for all of our stakeholders.




     MISI                       MISSION


     Untuk memenuhi kebutuhan konsumen,
     dengan memberikan pengalaman pelanggan
     yang lancar dan terintegrasi, serta dapat
     diandalkan, menawarkan beragam produk
     dan layanan berkualitas tinggi dengan
     memanfaatkan jaringan ritel dan distribusi
     kami yang luas. Pendekatan ini dirancang
     untuk mendorong pertumbuhan jangka
     panjang, membangun hubungan yang kuat,
     serta menciptakan nilai yang bermakna bagi
     pelanggan, karyawan, mitra usaha, pemasok,
     dan pemegang saham.

     To fulfill customer needs by delivering a seamless and reliable
     customer experience, offering wide range of high-quality
     products and services, leveraging our extensive retail and
     distribution network while buliding long-term growth, strong
     relationships, and meaningful value for our customers,
     employees, partnerts, suppliers, and shareholders.




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Nilai-Nilai Perusahaan
COMPANY CORE VALUES




              I n n ovat i o n
              Berpikir strategis
              Strategic thinking




              Leadership
              Kepemimpinan yang strategis, kemampuan memimpin
              orang lain dan kemampuan mengembangkan orang lain
              Strategic leadership, leading others and developing others




              E xc e ll e n t C u sto m e r S e rv i c e
              Menghargai, bekerja sama dan lingkungan yang baik
              Reliable partner, quality-oriented and achievement-oriented




              Agility
              Ketangkasan dalam berkreasi
              Creative agility




              D i g i ta l
              Kesadaran akan teknologi
              Technology savvy




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     Bidang Usaha                          [POJK C.4]

     LINE OF BUSINESS




     KEGIATAN USAHA SESUAI ANGGARAN DASAR                           BUSINESS ACTIVITIES ACCORDING TO THE
                                                                    ARTICLES OF ASSOCIATION
     Sesuai dengan pasal 3 Anggaran Dasar terakhir, bidang usaha    In accordance with article 3 of the most recent Articles of
     Perseroan adalah sebagai berikut:                              Association, the Company’s line of business is as follows:
     1. Perdagangan besar, meliputi:                                1. Wholesale, including:
        a. Perdagangan besar berbagai barang dan perlengkapan           a. Wholesale of various and other household goods and
            rumah tangga lainnya,                                          supplies,
        b. Perdagangan besar peralatan telekomunikasi,                  b. Wholesale of telecommunication equipment,
        c. Perdagangan besar komputer dan perlengkapan                  c. Wholesale of computers and computer equipment,
            komputer,
        d. Perdagangan besar piranti lunak,                              d. Wholesale of software,
        e. Perdagangan besar mesin, peralatan dan perlengkapan           e. Wholesale of machinery, equipment        and   other
            lainnya,                                                        supplies,
        f. Perdagangan besar atas dasar balas jasa (fee) atau            f. Wholesale on a fee or contract basis,
            kontrak,
        g. Perdagangan besar peralatan dan perlengkapan                  g. Wholesale of household appliances and supplies,
            rumah tangga,
        h. Perdagangan besar suku cadang elektronik,                   h. Wholesale of electronic parts,
        i. Perdagangan besar mesin kantor dan industri-industri        i. Wholesale of office and processing industries
            pengolahan, suku cadang dan perlengkapannya.                   machinery, spare parts and equipment.
     2. Akivitas dan jasa, meliputi:                                2. Activities and services, including:
        a. Jasa multimedia lainnya,                                    a. Other multimedia services,
        b. Aktivitas telekomunikasi lainnya - yang tidak termasuk      b. Other telecommunications activities - which are not
            dalam lainnya (YTDL),                                          included in the other (YTDL),
        c. Jasa sertifikasi,                                           c. Certification services,
        d. Aktivitas telekomunikasi dengan kabel,                      d. Cable telecommunication activity,
        e. Jasa sistem komunikasi data,                                e. Data communication system services,
        f. Jasa internet telepon untuk keperluan publik (ITKP),        f. Telephone internet services for public purposes (ITKP),
        g. Jasa konten SMS premium,                                    g. Premium SMS content services,
        h. Aktivitas jasa informasi lainnya YTDL,                      h. Other information service activities YTDL,
        i. Aktivitas penunjang angkutan lainnya YTDL.                  i. Other transportation support activities YTDL.
     3. Industri, meliputi:                                         3. Industry, including:
        a. Industri komputer dan/atau perakitan komputer,              a. Computer industry and/or computer assembly,
        b. Industri perlengkapan komputer,                             b. Computer equipment industry,
        c. Industri peralatan telepon dan faksimili,                   c. Telephone and facsimile equipment industry,
        d. Industri peralatan komunikasi tanpa kabel (wireless),       d. Wireless communication equipment industry,
        e. Industri peralatan komunikasi lainnya,                      e. Other communications equipment industry,
        f. Industri peralatan audio dan video elektronik lainnya,      f. Manufacture of other electronic audio and video
                                                                           equipment,
        g. Industri alat ukur dan alat uji elektronik.                 g. Electronic measuring instruments and test equipment
                                                                           industry.




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                                                                                                         Profil Perusahaan
                                                                                                         Company Profile




KEGIATAN USAHA PENUNJANG                                           SUPPORTING BUSINESS ACTIVITIES
1. Perdagangan besar, meliputi:                                    1. Wholesale trade, including:
   a. Perdagangan besar alat permainan dan mainan anak-               a. Wholesale of children’s games and toys.
       anak.
   b. Perdagangan besar alat olahraga.                                b. Wholesale of sport equipment.
2. Akivitas dan jasa, meliputi:                                    2. Activities and services, including:
   a. Jasa multimedia lainnya.                                        a. Other multimedia services.
   b. Aktivitas telekomunikasi lainnya YTDL.                          b. Other telecommunications activities YTDL.
   c. Jasa sertifikasi.                                               c. Certification services.
   d. Aktivitas telekomunikasi dengan kabel.                          d. Cable telecommunication activity.
   e. Jasa sistem komunikasi data.                                    e. Data communication system services.
   f. Jasa internet telepon untuk keperluan publik (ITKP).            f. Telephone internet service for public purposes (ITKP).
   g. Jasa konten SMS premium.                                        g. Premium SMS content service.
   h. Aktivitas jasa informasi lainnya YTDL.                          h. Other information service activities YTDL.
   i. Aktivitas penunjang angkutan lainnya YTDL.                      i. Other transportation support activities YTDL.
3. Industri, meliputi:                                             3. Industry, including:
   a. Industri komputer dan/atau perakitan komputer.                  a. Computer industry and/or computer assembly.
   b. Industri perlengkapan komputer.                                 b. Computer equipment industry.
   c. Industri peralatan telepon dan faksimili.                       c. Telephone and facsimile equipment industry.
   d. Industri peralatan komunikasi tanpa kabel (wireless).           d. Wireless communication equipment industry.
   e. Industri peralatan komunikasi lainnya.                          e. Other communications equipment industry.
   f. Industri peralatan audio dan video elektronik lainnya.          f. Manufacture of other electronic audio and video
                                                                          equipment.
   g. Industri alat ukur dan alat uji elektronik.                     g. Electronic measuring instruments and test equipment
                                                                          industry.


KEGIATAN USAHA YANG DIJALANKAN                                     BUSINESS ACTIVITIES
Perseroan menjalankan kegiatan usaha importir, distribusi          The Company engages in the business of importing,
dan perdagangan ritel perangkat telekomunikasi selular             distributing, and retailing cellular telecommunication devices,
seperti telepon selular dan tablet, Subscriber Identity Module     such as cellular phones and tablets, Subscriber Identity Module
Card (SIM Card), voucher isi ulang operator jaringan selular,      Card (SIM Card), cellular network operator top-up vouchers,
aksesoris, perangkat Internet of Things (IoT), penjualan           accessories, Internet of Things (IoT) devices, and sales of
voucher Google Play, serta menawarkan layanan produk Value         Google Play top-up vouchers, as well as offering Value Added
Added Services, seperti layanan perlindungan ponsel melalui        Services product services, such as mobile phone protection
produk TecProtec dan juga layanan pembiayaan ponsel yang           services through TecProtec products, as well as mobile phone
bekerja sama dengan perusahaan multifinance terkemuka di           financing services in collaboration with leading multi-finance
Indonesia.                                                         companies in Indonesia.


Perseroan juga melebarkan lini bisnisnya melalui vertikal-         The Company is also expanding its business lines through
vertikal bisnis, seperti Erajaya Digital yang berfokus terhadap    vertical businesses, such as Erajaya Digital which focuses on
produk 3C (Communication, Computers, dan Consumer                  3C products (Communication, Computers, and Consumer
Electronics); Erajaya Beauty & Wellness yang berfokus terhadap     Electronics); Erajaya Beauty & Wellness, which focuses on
produk dan layanan kesehatan dan kecantikan; Erajaya Active        health and beauty products and services; Erajaya Active
Lifestyle, yang berfokus pada produk dan aksesoris yang            Lifestyle, which focuses on products and accessories related
berhubungan dengan lifestyle pelanggan melalui beragam             to customer’s lifestyle through various products such as IoT,
produk seperti IoT, aksesoris, sport fashion apparel, dan          accessories, sports fashion apparel, and others; and Erajaya
lainnya; dan Erajaya Food & Nourishment, yang berfokus             Food & Nourishment, which focuses on products in the Food,
terhadap produk di bisnis Food, Beverages, & Supermarket.          Beverages, & Groceries business.




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     PRODUK DAN/ ATAU JASA YANG DIHASILKAN                            PRODUCT AND/ OR SERVICES
     Saat ini Erajaya Group menawarkan sejumlah produk dan jasa,      Currently, Erajaya Group offers a number of products and
     yaitu:                                                           services, namely:


     A. RITEL                                                         A. RETAIL
        1. Penyedia produk handset dan Internet of Things (IoT)          1. Provider of handset and Internet of Things (IoT)
           melalui gerai Switch, Urban Republic, dan Samsug di               products through Switch, Urban Republic and Samsug
           Malaysia yang dipasarkan melalui entitas anak; CG                 outlets in Malaysia that are marketed through
           Computers Sdn Bhd.                                                subsidiaries; CG Computers Sdn Bhd.
        2. Produk Apple (Mac, iPad, iPhone, iWatch, iPod, dan            2. Apple products (Mac, iPad, iPhone, iWatch, iPod, and
           Apple TV), software, aksesoris dan perlengkapan lain,             Apple TV), software, accessories, and other equipment,
           yang dipasarkan oleh PT Data Citra Mandiri (DCM).                 that are marketed by PT Data Citra Mandiri (DCM).
        3. Penjualan brand Xiaomi melalui gerai Mi zone dan              3. Sales of Xiaomi brand through Mi zone and Mi
           Mi Store di Singapura, yang dioperasikan oleh Era                 Store outlets in Singapore, that are operated by Era
           International Network Pte. Ltd.                                   International Network Pte. Ltd.
        4. Perangkat telekomunikasi dan aksesoris yang                   4. Retail telecommunications equipment and accessories
           dipasarkan secara ritel di Indonesia melalui PT Erafone           that are marketed in Indonesia through PT Erafone
           Artha Retailindo (Erafone).                                       Artha Retailindo (Erafone).
        5. Penjualan produk telekomunikasi selular secara online         5. Online sales of cellular telecommunications products
           yang dioperasikan oleh Erafone Dotcom.                            operated by Erafone Dotcom.
        6. Menjual, mendistribusikan, dan memasarkan produk              6. Selling, distributing, and marketing Singtel products
           Singtel di Singapura melalui Erajaya Swasembada Pte.              in Singapore through Erajaya Swasembada Pte. Ltd. in
           Ltd. bekerja sama dengan Singtel.                                 collaboration with Singtel.
        7. Memberikan pelayanan istimewa melalui pelayanan               7. Providing special services through Erajaya Group
           terintegrasi Erajaya Group (Erafone, iBox, dan Urban              (Erafone, iBox, and Urban Republic) integrated services
           Republic) di Eraspace.                                            at Eraspace.
        8. Ritel aksesoris dan IoT melalui gerai Urban Republic,         8. Retail of accessories and IoT through Urban Republic,
           DJI, dan Garmin yang dioperasikan oleh entitas anak;              DJI and Garmin outlets operated by subsidiaries; PT
           PT Mitra Internasional Indonesia.                                 Mitra Internasional Indonesia.
        9. Ritel perangkat telekomunikasi dan aksesoris di               9. Retail of telecommunications equipment and
           Indonesia yang khusus untuk berbagai produk                       accessories in Indonesia, specifically for various
           Samsung melalui PT Nusa Abadi Sukses Artha.                       Samsung products through PT Nusa Abadi Sukses
                                                                             Artha.
        10. Ritel bisnis elektronik konsumen melalui toko Erablue        10. Retail of consumer electronics business through
            yang dikelola oleh PT Erablu Elektronik.                         Erablue stores managed by PT Erablu Elektronik.
        11. Ritel bisnis fashion yang berfokus pada penjualan            11. Retail of fashion business focused on selling several
            produk beberapa brand active outdoor apparels                    active outdoor apparel brand products through JD
            melalui toko JD Sports di Indonesia yang dikelola oleh           Sports stores in Indonesia managed by PT JDSports
            PT JDSports Fashion Indonesia.                                   Fashion Indonesia.
        12. Bisnis ritel yang berfokus pada penjualan produk active      12. Retail business focused on selling active outdoor
            outdoor apparels brand ASICS di Indonesia melalui PT             apparels products of ASICS brand in Indonesia through
            Era Aktif Indonesia.                                             PT Era Active Indonesia.
        13. Ritel bisnis café bakery brand Paris Baguette di             13. Retail café bakery business of Paris Baguette brand in
            Indonesia melalui PT Era Boga Patiserindo.                       Indonesia through PT Era Boga Patiserindo.
        14. Bisnis ritel yang berfokus pada grocery store melalui        14. Retail businessfocused on grocery store of Grand
            toko Grand Lucky di Indonesia melalui PT Mitra Belanja           Lucky in Indonesia through PT Mitra Belanja Anda.
            Anda.
        15. Bisnis ritel yang berfokus pada penjualan produk             15. Retail business focused on selling Wellings pharmacy
            beberapa brand kesehatan apotek Wellings di                      health brand products in Indonesia through PT Era
            Indonesia melalui PT Era Farma Indonesia.                        Farma Indonesia.




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   16. Ritel bisnis lifestyle yang berfokus untuk produk selam         16. Retail lifestyle business focused on diving products in
       di Indonesia melalui PT Sinar Era Aktif.                            Indonesia through PT Sinar Era Active.
   17. Ritel peralatan golf dengan brand MST GOLF dan                  17. Retail of golf club and accessories under the MST GOLF
       mengoperasikan pusat golf indoor dengan brand MST                   brand and operates indoor golf centers under the MST
       GOLF ARENA melalui PT MST GOLF Indonesia.                           GOLF ARENA brand through PT MST GOLF Indonesia.
   18. Ritel pakaian wanita dan kebutuhan fashion produk               18. Retail of women’s clothing and fashion needs under
       brand 61TY81GTH melalui PT Era Gaya Indonesia.                      brand 61TY81GTH products through PT Era Gaya
                                                                           Indonesia.
   19. Ritel bisnis restoran Curry Up di Indonesia melalui PT          19. Retail business of Curry Up restaurant in Indonesia
       Era Boga Kari.                                                      through PT Era Boga Kari.
   20. Ritel bisnis café dan restoran Bacha Coffee di Indonesia        20. Retail business of Bacha Coffee cafe and restaurant in
       melalui PT Era Kopi Anda.                                           Indonesia through PT Era Kopi Anda.
   21. Ritel Bisnis bakery Wetzel Pretzel di Indonesia melalui         21. Retail business of Wetzel Pretzel bakery in Indonesia
       PT Era Boga Pretzel.                                                through PT Era Boga Pretzel.


B. DISTRIBUSI                                                      B. DISTRIBUTION
   1. Authorized     distributor    aksesoris      perangkat          1. Authorized       distributor  of    telecommunication
      telekomunikasi      sekaligus    sebagai    distributor            equipment accessories as well as smartphone
      smartphone di Malaysia, melalui Era International                  distributor in Malaysia, through Era International
      Network Sdn. Bhd. (EIN Malaysia).                                  Network Sdn. Bhd. (EIN Malaysia).
   2. Menjual, mendistribusikan dan memasarkan produk                 2. Selling, distributing and marketing of Indosat Ooredoo
      Indosat Ooredoo melalui jaringan distribusi MMS di                 products through the MMS distribution network in
      wilayah pemasaran yang ditentukan oleh Indosat                     the marketing areas determined by Indosat Ooredoo,
      Ooredoo, melalui entitas anak; PT Multi Media Selular              through subsidiary, PT Multi Media Selular (MMS).
      (MMS).
   3. Penyediaan akses “electronic gateway” untuk voucher              3. Provision of “electronic gateway” access for
      elektronik dari berbagai macam perusahaan seperti                   electronic vouchers from various companies, such as
      operator telekomunikasi, PLN, dan permainan online,                 telecommunication operators, PLN, and online games,
      yang dioperasikan oleh PT Perkasa Prima Sentosa                     operated by PT Perkasa Prima Sentosa (PPS).
      (PPS).
   4. Distribusi perangkat telekomunikasi merek Apple di               4. Distribution of Apple brand telecommunications
      Indonesia, melalui PT Sinar Eka Selaras Tbk (SES).                  equipment in Indonesia, through PT Sinar Eka Selaras
                                                                          Tbk (SES).
   5. Distribusi peralatan medis yang dikelola oleh Surya              5. Distribution of medical equipment managed by Surya
       Andra Medicalindo, anak usaha PT Era Prima Indonesia               Andra Medicalindo, a subsidiary of PT Era Prima
       (anak usaha Perseroan).                                            Indonesia (Subsidiary of the Company.
   6. Distribusi perangkat telekomunikasi di Indonesia                 6. Distribution of telecommunications equipment in
       sebagai mitra strategis beberapa prinsipal merek                   Indonesia as a strategic partner of several principal
       perangkat     telekomunikasi    dan    produk-produk               brands of telecommunications equipment and
       operator jaringan terkemuka di Indonesia, dikelola                 products of leading network operators in Indonesia,
       oleh PT Teletama Artha Mandiri (TAM).                              managed by PT Teletama Artha Mandiri (TAM).
   7. Distribusi fashion yang berfokus pada penjualan                  7. Fashion distribution focused on selling several brands
       produk beberapa brand active outdoor apparels                      products of active outdoor apparels at JD Sports stores
       di toko JD Sports di Indonesia melalui PT JDSports                 in Indonesia through PT JDSports Distribution.
       Distribution.
   8. Distribusi yang berfokus pada penjualan produk                   8. Distribution focused on selling several health brand
       beberapa brand kesehatan melalui apotek Wellings di                 products through Wellings pharmacies in Indonesia
       Indonesia yang dikelola oleh PT Era Caring Indonesia.               managed by PT Era Caring Indonesia.
   9. Distribusi peralatan dan aksesoris golf melalui MST              9. Distribution of golf equipments and accessories
       GOLF Indonesia.                                                     through MST GOLF Indonesia.
   10. Bisnis Industri yang berfokus pada distribusi dan               10. Industrial Business focused on the distribution and
       penjualan kendaraan listrik dari merek XPENG di                     sales of electric vehicles from the XPENG brand in
       Indonesia. Sebagai Agen Tunggal Pemegang Merek                      Indonesia. As the Sole Agent of the XPENG Brand Holder
       (ATPM) XPENG dikelola oleh PT Era Inovasi Otomotif.                 (ATPM), it is managed by PT Era Inovasi Otomotif.




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     C. VALUE ADDED SERVICES                                         C. VALUE ADDED SERVICES
        1. Jasa proteksi untuk produk handset melalui produk            1. Protection services for handset products through
           TecProtec yang dikelola oleh entitas anak; PT Amtrust           TecProtec, managed by subsidiary; PT Amtrust Mobile
           Mobile Solutions Indonesia.                                     Solutions Indonesia.
        2. Penyediaan konsultasi manajemen, teknologi dan jasa          2. Provision of management, technology, and outsourcing
           outsourcing di Indonesia. Termasuk juga menawarkan              consulting services in Indonesia. Also offers integration
           integrasi ERP, Supply Chain Management dan POS                  of ERP, Supply Chain Management and POS systems
           sistem yang sesuai dengan standar industri, pelatihan-          according to industry standards, best training and
           pelatihan terbaik dan dioptimalkan untuk kebutuhan              optimized for local needs. This line of business is
           lokal. Bidang usaha ini dikelola oleh PT Azec Indonesia         managed by PT Azec Indonesia Management Services
           Management Services (Azec).                                     (Azec).
        3. Jasa pengelolaan layanan dan hubungan dengan                 3. Service management and customer relations (CRM
           pelanggan (CRM & Call Center) melalui entitas anak; PT          & Call Center) through subsidiary; PT Data Tekno
           Data Tekno Indotama.                                            Indotama.




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Wilayah Operasional
OPERATIONAL AREAS




                   KANTOR PUSAT
                   Head Office



Alamat Domisili                              Alamat Korespondensi
Domicile Address                             Correspondence Address


Jl. Gedong Panjang No. 29-31                 Erajaya Plaza
Pekojan – Tambora                            Jl. Bandengan Selatan No. 19—20
Jakarta Barat 11240 - Indonesia              Pekojan – Tambora
                                             Jakarta Barat 11240 – Indonesia
Kontak | Contacts
T +62-21 690 5050                            Kontak | Contacts
F +62-21 6983 1225                           T. +62-21 690 5788
                                             F. +62-21 690 5789




                   ALAMAT ENTITAS ANAK
                   Address of Subsidiaries


PT Erafone Artha Retailindo         PT Sinar Eka Selaras Tbk              PT Era Boga Nusantara
Erajaya Plaza,                      Erajaya Plaza,                        Erajaya Plaza,
Jl. Bandengan Selatan No. 19-20     Jl. Bandengan Selatan No. 19-20       Jl. Bandengan Selatan No. 19-20
Pekojan - Tambora, Jakarta Barat    Pekojan - Tambora, Jakarta Barat      Pekojan - Tambora, Jakarta Barat
11240, Indonesia                    11240, Indonesia                      11240, Indonesia


Erajaya Holding Pte Ltd             PT Era Prima Indonesia                PT Nusa Gemilang Abadi
7 Temasek Boulevard                 Erajaya Plaza,                        Jl. Gedong Panjang No. 29-31
#17-01 Suntec Tower One             Jl. Bandengan Selatan No. 19-20       Pekojan-Tambora
Singapore                           Pekojan - Tambora, Jakarta Barat      Jakarta, Indonesia
                                    11240, Indonesia


PT Era Sukses Abadi                 PT Indonesia Orisinil Teknologi       PT Azec Indonesia Management Services
Jl. Bandengan Selatan No. 19-20     Jl. Bandengan Selatan No. 19-20       Management Services
Pekojan - Tambora,                  Pekojan - Tambora, Jakarta Barat      Jl. Gedong Panjang No. 29-31
Jakarta Barat                       11240, Indonesia                      Pekojan-Tambora, Jakarta Barat
11240, Indonesia                                                          11240, Indonesia




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     Peta Wilayah Operasional
     OPERATIONAL AREA MAP




          ACEH           SUMATERA                                 MALAYSIA
                           UTARA                                                                                   KALIMANTAN UTARA & TIMUR
                           NORTH                                                                                    NORTH & EAST KALIMANTAN
                          SUMATRA



                                                                        SINGAPURA
                                                                        SINGAPORE


                                                                                 KALIMANTAN BARAT
                                                                                  WEST KALIMANTAN




                                                                              RIAU
         SUMATERA
           BARAT
        WEST SUMATRA

                                                                                 JAMBI




               SUMATERA
                SELATAN
             SOUTH SUMATRA


                                                                                     JAKARTA


                                                                                                                            KALIMANTAN SELATAN
                                                                                                                             SOUTH KALIMANTAN
                                          LAMPUNG




                                                             BANTEN




                                                                                         JAWA BARAT
                                                                                           WEST JAVA
                                                                                                       JAWA TENGAH
           Ritel Flagship, Ritel Multi-Brand dan Outlet Kerjasama                                                            JAWA TIMUR
                                                                                                        CENTRAL JAVA
           Retail Flagship, Retail Multi-Brand and Joint Outlet                                                                EAST JAVA         BALI

           Pusat Distribusi
           Distribution Center                                                                                 YOGYAKARTA

           Bisnis Ritel di Malaysia - Switch, Urban Republic dan Erafone
           Retail Business in Malaysia - Switch, Urban Republic and Erafone

           Pusat Distribusi di Malaysia
           Distribution Center in Malaysia                                                                              NUSA TENGGARA BARAT
                                                                                                                         WEST NUSA TENGGARA
           Bisnis Ritel di Singapura
           Retail Business in Singapore




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                                                                  77
                                                                  Pusat Distribusi
                                                                  Distribution Center




                                                                  +
                                                                      54.000
                                                                  Reseller Pihak Ketiga
         SULAWESI                                                 3rd Party Billed Outlet
          TENGAH
          CENTRAL




                                                                  2.194
         SULAWESI




                    GORONTALO                                     Outlet Ritel
                                                                  Retail Outlets




                          SULAWESI TENGGARA       MALUKU
                          SOUTHEAST SULAWESI


SULAWESI SELATAN
 SOUTH SULAWESI




             NUSA TENGGARA TIMUR
              EAST NUSA TENGGARA




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     Struktur Organisasi
     ORGANIZATIONAL STRUCTURE
                                                                                        Rapat Umum Pemegang Saham
                                                                                         General Meeting of Shareholders



     Struktur Organisasi per 31 Desember 2024
     Organization Structure as of December 31, 2024
                                                                                                Dewan Komisaris
                                                                                              Board of Commissioners

                                                                              Ardy Hady Wijaya*) - Komisaris Utama | President Commissioner
                                                                                    Richard Halim Kusuma - Komisaris | Commissioner
                                                                            Lim Bing Tjay - Komisaris Independen | Independent Commissioner
                                                                     I Gusti Putu Suryawirawan - Komisaris Independen | Independent Commissioner
                                                                                   Andreas Harus Djumadi - Komisaris | Commissioner




                                                                                       Direktur Utama | President Director
                                                                                             CEO Grup | Group CEO

                Sekretaris Perusahaan
                                                                                                   Budiarto Halim
                  Corporate Secretary

                        Amelia Allen



             Kepala Hubungan Pemangku                                                     Wakil Presiden Direktur
                     Kepentingan                                                             Vice President Director
              Head of Stakeholder Relations                                           Wakil CEO Grup | Deputy Group CEO

                                                                                                     Hasan Aula




            Direktur | Director                    Direktur | Director                      Direktur | Director
           Grup CFO | Group CFO                   Grup CSO | Group CSO                      Grup COO (akting)
                                                                                            Group COO (Acting)
                Sintawati Halim                          Sim Chee Ping
                                                                                                Hasan Aula

             Direktur | Director
              Wakil Grup CFO                                                                Direktur | Director
             Deputy Group CFO                                                                Wakil Grup COO
                                                                                            Deputy Group COO
           Keith Ardy Hady Wijaya*)
                                                                                        Mitchella Ardy Hady Wijaya*)


                                                      Corporate Strategy & Growth          Human Capital, Legal, General
              Corporate Finance & Tresury
                                                            Transformation                   Affairs, Litigation & CSR

                    Victor Fresdy Tan                       Steven Sulung                      Jimmy Perangin Angin

               Finance Operations Digital
                                                           Investor Relations                     Accounting & Tax
                       Business

                  Budhiarto Gunawan                            VACANT                               Syaiful Hayat

            Finance Operations Non-Digital
                                                           Business Process                  Corporate Communication
                      Business

                        Suryawati                      Levy Christianto Handjojo                      VACANT


                       Purchasing                       Business Development                 Supply Chain Management

                         VACANT                                VACANT                          Arson Wisnu Dewanto


     *)
          Telah mengundurkan diri                                                             Information Technology
          Has resigned
                                                                                              Michael Chung Shing Wu


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                Komite Audit | Audit Committee

              I Gusti Putu Suryawirawan - Chairman
              Khoe Minhari Handikusuma - Member
                  Dadang Mulyana**) - Member




                                                                                                 Steering Commitee


                                                                Komite Investasi                              Komite Komersial
                                                              Investment Committee                           Commercial Committee

                                                       • Board of Directors                           • Board of Directors
                                                       • Head of Business Unit                        • CEO Vertical


                                                                         Kepala Audit Internal | Head of Internal Audit
Wakil Presiden Direktur
 CEO Erajaya Digital                                                                      Hendra Wijaya
 Vice President Director
   CEO Erajaya Digital

            Joy Wahjudi




                       Direktur                              Direktur                                  Direktur
                        Director                              Director                                  Director

                    Djohan Sutanto                        Jong Woon Kim                                   Elly*)




                                                               vertical Businesses


    ERAJAYA DIGITAL &                                                                                                    ERAJAYA FOOD &
                                        ERAJAYA ACTIVE LIFESTYLE            ERAJAYA BEAUTY & WELLNESS
 INTERNATIONAL BUSINESS                                                                                                   NOURISHMENT
         CEO Vertical
                                               CEO Vertical                          CEO Vertical                          CEO Vertical
Erajaya Digital & International
                                         Erajaya Active & Lifestyle           Erajaya Beauty & Wellness            Erajaya Food & Nourishment
           Buisness

             Joy Wahjudi                     Djohan Sutanto                             Elly*)                           Gabrielle Halim




   **)
         Telah meninggal dunia
         Has passed away




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     Informasi Situs Web Perusahaan
     THE COMPANY’S WEBSITE INFORMATION




                    “Sebagai bentuk pemenuhan Undang-Undang No. 8
                    Tahun 1995 tentang Pasar Modal terkait Pelaporan dan
                    Keterbukaan Informasi serta Peraturan Otoritas Jasa
                    Keuangan No. 8/POJK.04/2015 tentang Situs Web
                    Emiten atau Perusahaan Publik, Perseroan memiliki situs
                    web resmi dengan alamat www.erajaya.com yang berisi
                    berbagai informasi mengenai Perseroan yang dapat
                    diakses oleh seluruh pemangku kepentingan.”
                    “To fulfill the mandate of Law No. 8 of 1995 concerning Capital Markets regarding Reporting
                    and Disclosure of Information and Financial Services Authority Regulation No. 8/POJK.04/2015
                    concerning Websites of Issuers or Public Companies, the Company has an official website with the
                    address www.erajaya.com which contains various information regarding the Company that can be
                    accessed by all stakeholders.”




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Situs web resmi Perseroan menyajikan informasi dengan              The Company’s official website provides information that
benar, jelas dan mudah diakses setiap saat oleh semua pihak        is accurate, clear, and easily accessible to all parties at any
serta disajikan dalam Bahasa Indonesia dan Bahasa Inggris.         time, and it is available in both Indonesian and English. The
Informasi dalam Bahasa Inggris memuat informasi yang sama          information in English must be the same as the information
dengan informasi yang disajikan dalam Bahasa Indonesia.            presented in Indonesia.


Pada halaman utama (homepage), tersedia bar navigasi untuk         On the homepage, a navigation bar is provided to make
memudahkan pengunjung mengakses halaman informasi,                 it easier for visitors to access the information, which is
yang terbagi dalam 5 kategori informasi, yaitu 1) Tentang Kami,    divided into 5 categories, namely 1) About Us, 2) Corporate
2) Tata Kelola Perusahaan, 3) Line of Verticals, 4) Hubungan       Governance, 3) Line of Verticals, 4) Investor Relations, and 5)
Investor, 5) Sosial dan Acara, dan tombol Eraspace, yaitu link     Social and Events, and an Eraspace button to access Eraspace.
untuk mengakses Eraspace.com, toko online Perseroan yang           com, the Company’s online store, which is the largest and
merupakan lifestyle dan smart retailer terbesar dan terkemuka      leading lifestyle and smart retailer in Indonesia.
di Indonesia.


Secara berkala, Perseroan menyempurnakan kualitas                  The Company regularly improves the quality of presentations
penyajian dan memperbarui informasi yang ada di dalam situs        and updates the information shared on the website.
web tersebut.


MEDIA SOSIAL                                                       SOCIAL MEDIA
Selain menyediakan situs web sebagai saluran keterbukaan           In addition to providing a website as a channel for information
informasi, Perseroan mengoptimalkan pemanfaatan media              disclosure, the Company maximizes the use of social media
sosial sebagai media komunikasi dan penyebaran informasi           as a means of communication and information dissemination
kepada masyarakat luas. Melalui platform media sosial,             to the public. The Company utilizes social media platforms to
Perseroan membagikan informasi seputar perusahaan,                 share information about itself, its products and services, and
produk dan jasa maupun informasi lainnya yang berhubungan          other aspects of its activities. The Company maintains two
dengan kegiatan Perseroan. Akun media sosial yang dimiliki         social media accounts: Facebook (PT Erajaya Swasembada Tbk)
adalah Facebook (PT Erajaya Swasembada Tbk) dan Instagram          and Instagram (erajayaswasembada).
(erajayaswasembada).




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              Company Profile




     Profil Dewan Komisaris
     PROFILE OF THE BOARD OF COMMISSIONERS




                                                     Riwayat Pendidikan
                                                     Educational Background

                                                     Lulus dari SMA Tarakanita 2 Pluit pada tahun 1985, Beliau merupakan salah satu pendiri
                                                     Perseroan.
                                                     He graduated from SMA Tarakanita 2 Pluit in 1985. He is one of the founders of the
                                                     Company.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment

                                                     Pertama kali menjabat sebagai Komisaris Utama Perseroan pada tahun 1998 dan
                                                     diangkat kembali berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada
                                                     Tbk Nomor 08 Tanggal 23 Juni 2022.
                                                     He first served as the President Commissioner of the Company in 1998 and was
                                                     reappointed based on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada
                                                     Tbk Number 08 dated June 23, 2022.

                                                     Periode Menjabat
                                                     Employment Period

                                                     23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.

     Ardy Hady                                       June 23, 2022 until the closing of 2026 Annual GMS.

                                                     Rangkap Jabatan

     Wijaya*)                                        Concurrent Position

                                                     •    Komisaris Utama PT Nusa Abadi Sukses Artha, PT Data Media Telekomunikasi,
                                                          PT Multi Media Selular, dan PT Teletama Artha Mandiri.
     Komisaris Utama                                 •    Komisaris PT Era Sukses Abadi.

     President Commissioner                          •    President Commissioner of PT Nusa Abadi Sukses Artha, PT Data Media Telekomunikasi,
                                                          PT Multi Media Selular, and PT Teletama Artha Mandiri.
                                                     •    Commissioner of PT Era Sukses Abadi.

     Warganegara                                     Pengalaman Kerja
     Citizenship                                     Professional Background

     Indonesia                                       Sebelum mendirikan Perseroan, beliau bekerja di sebuah department store milik keluarga
                                                     di Indonesia.
                                                     Prior to establishing the Company, he worked in a family-owned department store in
     Usia                Domisili                    Indonesia.
     Year                Domicile
                                                     Hubungan Afiliasi
     59 years old        Jakarta
             tahun
                                                     Affiliation Relationship

                                                     Beliau memiliki hubungan keluarga dengan Richard Halim Kusuma selaku Komisaris
     Lahir di Ujung Pandang pada                     Perseroan, Budiarto Halim selaku Direktur Utama Perseroan, Sintawati Halim selaku
                                                     Direktur Perseroan, Mitchella Ardy Hady Wijaya selaku Direktur Perseroan, dan Keith Ardy
     Tahun 1965
                                                     Hady Wijaya selaku Direktur Perseroan.
     Born in Ujung Pandang in 1965
                                                     He has family relationships with Richard Halim Kusuma as Commissioner of the Company,
                                                     Budiarto Halim as President Director of the Company, Sintawati Halim as Director of the
                                                     Company, Mitchella Ardy Hady Wijaya as Director of the Company, dan Keith Ardy Hady
                                                     Wijaya as Director of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA

                                                     6.269.800 saham (0,04%) Posisi 31 Desember 2024
                                                     6,269,800 shares (0.04%) as of December 31, 2024.
                                                     *)
                                                          Bapak Ardy Hady Wijaya telah mengundurkan diri dari posisinya sebagai Komisaris Utama Perseroan
                                                          efektif pada tanggal 31 Januari 2025.
                                                          Mr. Ardy Hady Wijaya has resigned from his position as President Commissioner of the Company
                                                          effective January 31, 2025.




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                                   Riwayat Pendidikan
                                   Educational Background

                                   Memperoleh gelar Bachelor of Science in Management Studies dari Northeastern
                                   University, Boston, USA pada tahun 2004.
                                   He obtained a Bachelor of Science in Management Studies from Northeastern University,
                                   Boston, USA, in 2004.

                                   Dasar Hukum Pengangkatan
                                   Legal Basis for Appointment

                                   Pertama kali menjabat sebagai Komisaris Perseroan pada tahun 2010 dan diangkat
                                   kembali berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk
                                   Nomor 08 Tanggal 23 Juni 2022.
                                   He first served as the Commissioner of the Company in 2010 and was reappointed based
                                   on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk Number 08
                                   dated June 23, 2022.

                                   Periode Menjabat
                                   Employment Period

                                   23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.

Richard Halim                      June 23, 2022 until the closing of 2026 Annual GMS.

                                   Rangkap Jabatan

Kusuma                             Concurrent Position

                                   Komisaris Utama PT Era Inovasi Otomotif dan PT Era Industri Otomotif, Komisaris PT Mitra
                                   Belanja Selalu, Direktur PT Agung Sedayu.
Komisaris                          President Commissioner of PT Era Inovasi Otomotif and PT Era Industri Otomotif,
Commissioner                       Commissioner of PT Mitra Belanja Selalu, Director of PT Agung Sedayu.

                                   Pengalaman Kerja
                                   Professional Background
Warganegara
Citizenship                        Direktur PT Erajaya Swasembada Tbk (2006-2011), Direktur PT Elang Perdana (2004 -
                                   2006), dan Direktur PT KIA Mobil Indonesia (2002-2004).
Indonesia                          Director of PT Erajaya Swasembada Tbk (2006-2001), Director of PT Elang Perdana (2004-
                                   2006), and Director of PT KIA Mobil Indonesia (2002-2004).

Usia              Domisili         Hubungan Afiliasi
Year              Domicile         Affiliation Relationship

45 years old      Jakarta
       tahun
                                   Beliau memiliki hubungan keluarga dengan Ardy Hady Wijaya selaku Komisaris Utama
                                   Perseroan, Budiarto Halim selaku Direktur Utama Perseroan, Sintawati Halim selaku
                                   Direktur Perseroan, Mitchella Ardy Hady Wijaya selaku Direktur Perseroan, dan Keith Ardy
Lahir di Jakarta pada Tahun 1979   Hady Wijaya selaku Direktur Perseroan.
Born in Jakarta in 1979            He has family relationships with Ardy Hady Wijaya as President Commissioner of the
                                   Company, Budiarto Halim as President Director of the Company, Sintawati Halim as
                                   Director of the Company, Mitchella Ardy Hady Wijaya as Director of the Company, and
                                   Keith Ardy Hady Wijaya as Direktur of the Company.

                                   Kepemilikan Saham ERAA
                                   Shareholding in ERAA

                                   6.250.000 saham (0,04%) Posisi 31 Desember 2024
                                   6,250,000 shares (0.04%) as of December 31, 2024.




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     PROFILE OF THE BOARD OF COMMISSIONERS




                                                     Riwayat Pendidikan
                                                     Educational Background

                                                     Memperoleh gelar Sarjana Akuntansi dari Universitas Indonesia pada tahun 1980.
                                                     He obtained a Bachelor of Accounting from the University of Indonesia in 1980.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment

                                                     Beliau diangkat sebagai Komisaris Perseroan berdasarkan Akta Pernyataan Keputusan
                                                     RUPS Tahunan PT Erajaya Swasembada Tbk Nomor 23 Tanggal 30 Juni 2023.
                                                     He was appointed as Commissioner of the Company based on the Deed of Decision
                                                     Statement of the Annual GMS of PT Erajaya Swasembada Tbk Number 23 dated June 30,
                                                     2023.

                                                     Periode Menjabat
                                                     Employment Period

                                                     30 Juni 2023 sampai dengan penutupan RUPS Tahunan 2026.
                                                     June 30, 2023 until the closing of 2026 Annual GMS.

                                                     Rangkap Jabatan

     Andreas Harun                                   Concurrent Position



     Djumadi
                                                     Beliau tidak memiliki rangkap jabatan.
                                                     He does not have concurrent positions.

                                                     Pengalaman Kerja
                                                     Professional Background
     Komisaris
     Commissioner                                    Direktur PT Erajaya Swasembada Tbk (2011-2022), Komisaris Utama PT KIA Indonesia
                                                     Motor (2008-2017), Komisaris Utama PT KIA Mobil Indonesia (2008-2017), Komisaris
                                                     PT Erajaya Swasembada Tbk (2010-2011), Direktur Keuangan & Akuntansi PT KIA Mobil
                                                     Indonesia dan PT KIA Indonesia Motor (2000-2008).
     Warganegara                                     Director of PT Erajaya Swasembada Tbk (20011-2022), President Commissioner of PT KIA
     Citizenship                                     Indonesia Motor (2008-2017), President Commissioner of PT KIA Mobil Indonesia (2008-
                                                     2017), Commissioner of PT Erajaya Swasembada Tbk (2010-2011), Finance & Accounting
     Indonesia                                       Director of PT KIA Mobil Indonesia and PT KIA Indonesia Motor (2000-2008).

                                                     Hubungan Afiliasi
     Usia                Domisili                    Affiliation Relationship
     Year                Domicile

     70 years old
                                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                         Jakarta
             tahun
                                                     maupun dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                                     He has no affiliated relationships with the Major Shareholders of the Company nor with
                                                     fellow members of the Board of Commissioners and Board of Directors of the Company.
     Lahir di Jakarta pada Tahun 1954
     Born in Jakarta in 1954                         Kepemilikan Saham ERAA
                                                     Shareholding in ERAA

                                                     6.250.000 saham (0,04%) Posisi 31 Desember 2024
                                                     6,250,000 shares (0.04%) as of December 31, 2024.




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                                     Riwayat Pendidikan
                                     Educational Background

                                     Memperoleh gelar Bachelor dari Institute of Computer NOVI, Amsterdam, Netherlands
                                     pada tahun 1971.
                                     He obtained a bachelor’s degree from the Institute of Computer NOVI, Amsterdam,
                                     Netherlands in 1971.

                                     Dasar Hukum Pengangkatan
                                     Legal Basis for Appointment

                                     Beliau pertama kali menjabat sebagai Komisaris Independen Perseroan pada tahun 2011
                                     berdasarkan Akta Berita Acara RUPS Luar Biasa Nomor 2 Tanggal 3 Agustus 2011 dan
                                     diangkat kembali untuk periode ketiga berdasarkan Akta Berita Acara RUPS Tahunan
                                     PT Erajaya Swasembada Tbk Nomor 08 Tanggal 23 Juni 2022.
                                     He was first appointed as the Independent Commissioner of the Company in 2011 based
                                     on the Deed of Minutes of the Extraordinary GMS Number 2 dated August 3, 2011 and was
                                     reappointed based on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada
                                     Tbk Number 08 dated June 23, 2022.

                                     Pernyataan Independensi
                                     Declaration of Independence

Lim Bing Tjay                        Beliau telah menyatakan pernyataan independensi pada tanggal 23 Juni 2022.
                                     He declared his independence statement on June 23, 2022.

Komisaris Independen                 Periode Menjabat
                                     Employment Period
Independent Commissioner
                                     23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                     June 23, 2022 until the closing of 2026 Annual GMS.
Warganegara
Citizenship                          Rangkap Jabatan
                                     Concurrent Position
Indonesia                            Beliau tidak memiliki rangkap jabatan.
                                     He does not have concurrent positions.
Usia             Domisili
Year             Domicile            Pengalaman Kerja

74 years old
                                     Professional Background
                 Jakarta
       tahun


                                     Beliau memiliki 29 tahun pengalaman di berbagai posisi penting/strategis sebagai
                                     Direktur Utama/CEO di berbagai world class multinational company serta perusahaan
Lahir di Palembang pada Tahun 1950   teknologi informasi dan telekomunikasi di Indonesia. Sebelumnya, beliau juga memiliki
                                     11 tahun pengalaman menempati berbagai posisi manajemen senior manajemen di
Born in Palembang in 1950
                                     beberapa perusahaan teknologi informasi besar di Belanda.
                                     He has 29 years of experience in various key/strategic positions as President Director/
                                     CEO in various world class multinational companies as well as information and
                                     telecommunication technology companies in Indonesia. Previously, he also had 11 years
                                     of experience in various senior management positions in several large information
                                     technology companies in the Netherlands.

                                     Hubungan Afiliasi
                                     Affiliation Relationship

                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                                     maupun dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                     He has no affiliated relationships with the Major Shareholders of the Company nor with
                                     fellow members of the Board of Commissioners and Board of Directors of the Company.

                                     Kepemilikan Saham ERAA
                                     Shareholding in ERAA

                                     Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.




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     Profil Dewan Komisaris
     PROFILE OF THE BOARD OF COMMISSIONERS




                                                     Riwayat Pendidikan
                                                     Educational Background
                                                     Memperoleh gelar Insinyur Teknik Industri dari Institut Teknologi Bandung pada tahun 1982.
                                                     He obtained his Bachelor of Industrial Engineering from Bandung Institute of Technology in 1982.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment
                                                     Beliau diangkat sebagai Komisaris Perseroan pada berdasarkan Akta Berita Acara RUPS Tahunan
                                                     PT Erajaya Swasembada Tbk Nomor 08 Tanggal 23 Juni 2022.
                                                     He was appointed as the Independent Commissioner of the Company based on the Deed of
                                                     Minutes of the Annual GMS of PT Erajaya Swasembada Tbk Number 08 dated June 23, 2022.

                                                     Periode Menjabat
                                                     Employment Period
                                                     23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                                     June 23, 2022 until the closing of 2026 Annual GMS.

                                                     Rangkap Jabatan
                                                     Concurrent Position

     I Gusti Putu                                    Staf Khusus Menteri Koordinator bidang Pembangunan Industri dan Kawasan pada Kementerian
                                                     Koordinator Bidang Perekonomian Republik Indonesia (2019 - sekarang), Komisaris PT Krakatau


     Suryawirawan
                                                     Steel (Persero) Tbk (2018 - sekarang), Komisaris Utama/Komisaris Independen PT Bekasi Fajar
                                                     Industrial Estate Tbk (2021 - sekarang), dan Komisaris Independen PT Indospring Tbk (2020 -
                                                     sekarang)
                                                     He has concurrent position as Special Staff of the Coordinating Minister for Industrial and
                                                     Regional Development at the Coordinating Ministry for Economic Affairs of the Republic of
     Komisaris Independen                            Indonesia (2019 - present), Commissioner of PT Krakatau Steel (Persero) Tbk (2018 - present),
                                                     President Commissioner/Independent Commissioner of PT Bekasi Fajar Industrial Estate Tbk
     Independent Commissioner                        (2021 - present), Independent Commissioner of PT Indospring Tbk (2020 - present)

                                                     Pengalaman Kerja
                                                     Professional Background
     Warganegara
     Citizenship                                     Sepanjang perjalanan karirnya, beliau telah menempati posisi-posisi strategis di Kementerian
                                                     Perindustrian sebagai Direktur Industri Elektronika dan Telematika (2000 - 2004), Direktur Industri
     Indonesia                                       Logam (2005 - 2010), Direktur Industri Material Dasar Logam (2010 - 2012), Direktur Pengembangan
                                                     Fasilitasi Industri Wilayah I (2012 - 2015), Direktur Jenderal Industri Logam Mesin Alat Transportasi
                                                     dan Elektronika (2015 - 2017), Direktur Jenderal Ketahanan dan Pengembangan Akses Industri
     Usia                Domisili                    Internasional merangkap Direktur Jenderal Pengembangan Perwilayahan Industri (2017 - 2018),
                                                     dan Staf Khusus Menteri Perindustrian Bidang Investasi dan Hubungan Antar Lembaga (2018 -
     Year                Domicile                    2019). Selain Kementerian beliau juga pernah menjabat pada Badan Usaha Milik Negara, sebagai

     66 years old        Jakarta
             tahun                                   Komisaris PT Krakatau Steel (Persero) Tbk (2017 - 2018), Komisaris PT Rekayasa Industri (2016-
                                                     2018), dan Komisaris Utama PT Krakatau Engineering (2007-2012).
                                                     Throughout his career, he occupied strategic positions in the Ministry of Industry as Director
                                                     of Electronics and Telematics Industry (2000 - 2004), Director of Metal Industry (2005 - 2010),
     Lahir di Jakarta pada Tahun 1958                Director of Metal Basic Material Industry (2010 - 2012), Director of Industry Facilities Development
     Born in Jakarta in 1958                         of Region I (2012 - 2015), Director General of Metal, Machine, Transportation, and Electronics
                                                     Industry (2015 - 2017), Director General of Security and Development of International Industry
                                                     Access concurrently as Director General Industry Area Development (2017 - 2018), dan Special
                                                     Staff to the Minister of Industry for Investment and Inter-Institutional Relations (2018 - 2019). In
                                                     addition, he has also served in State-Owned Enterprises, as Commissioner of PT Krakatau Steel
                                                     (Persero) Tbk (2017 - 2018), Commissioner of PT Rekayasa Industri (2016 - 2018), and President
                                                     Commissioner of PT Krakatau Engineering (2007 - 2012).

                                                     Hubungan Afiliasi
                                                     Affiliation Relationship
                                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan maupun
                                                     dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                                     He has no affiliated relationships with the Major Shareholders of the Company nor with fellow
                                                     members of the Board of Commissioners and Board of Directors of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA
                                                     Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.




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                                   Riwayat Pendidikan
                                   Educational Background

                                   Beliau memperoleh gelar Sarjana dari University of Wisconsin pada tahun 1994.
                                   He earned a Bachelor’s degree from the University of Wisconsin in 1994.


                                   Dasar Hukum Pengangkatan
                                   Legal Basis for Appointment

                                   Beliau diangkat sebagai Komisaris Perseroan berdasarkan Akta Pernyataan Keputusan
                                   RUPS Tahunan PT Erajaya Swasembada Tbk Nomor 09 Tanggal 19 Juni 2024.
                                   He was appointed as Commissioner of the Company based on the Deed of Decision
                                   Statement of the Annual GMS of PT Erajaya Swasembada Tbk Number 09 dated June 19,
                                   2024.


                                   Periode Menjabat
                                   Employment Period

                                   19 Juni 2024 sampai dengan penutupan RUPS Tahunan 2026.
                                   June 19, 2024 until the closing of 2026 Annual GMS.

Richard M.                         Rangkap Jabatan

Harjani
                                   Concurrent Position

                                   CEO PT Richardina Catur Lestari.
                                   CEO of PT Richardina Catur Lestari.
Komisaris
Commissioner                       Pengalaman Kerja
                                   Professional Background

                                   Direktur PT Rimo Catur Lestari Tbk (1994 - 2007), Komisaris PT Truba Alam Manunggal
Warganegara                        Engineering (2008-2009), Komisaris Utama PT Truba Alam Manunggal Engineering
Citizenship                        (2009-2014), Komisaris PT Truba Jaya Engineering (2008-2012), Direktur PT Truba Jaya
                                   Engineering (2012-2013), Business Development PT Indika Energy Tbk (2013-2018),
Indonesia                          Komisaris PT Petrosea Tbk (2014-2017), dan Komisaris PT Cakra Ventura (2018-2021).
                                   Director of PT Rimo Catur Lestari Tbk (1994 - 2007), Commissioner of PT Truba Alam
                                   Manunggal Engineering (2008-2009), President Commissioner of PT Truba Alam
Usia              Domisili         Manunggal Engineering (2009-2014), Commissioner of PT Truba Jaya Engineering (2008-
Year              Domicile         2012), Director of PT Truba Jaya Engineering (2012-2013), Business Development of
                                   PT Indika Energy Tbk (2013-2018), Commissioner of PT Petrosea Tbk (2014-2017), dan
53 years old      Jakarta
       tahun
                                   Commissioner of PT Cakra Ventura (2018-2021).


                                   Hubungan Afiliasi
Lahir di Jakarta pada Tahun 1971   Affiliation Relationship
Born in Jakarta in 1971
                                   Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                                   maupun dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                   He has no affiliated relationships with the Major Shareholders of the Company nor with
                                   fellow members of the Board of Commissioners and Board of Directors of the Company.


                                   Kepemilikan Saham ERAA
                                   Shareholding in ERAA

                                   Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.




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     Profil Direksi
     PROFILE OF THE BOARD OF DIRECTORS




                                                                 Budiarto
                                                                 Halim
                                                                 Direktur Utama
                                                                 President Director




                                                               Warganegara         Usia           Domisili
                                                               Citizenship         Year           Domicile

                                                               Indonesia           58 years old   Jakarta
                                                                                          tahun




                                                               Lahir di Jakarta pada Tahun 1966
                                                               Born in Jakarta in 1966




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 Riwayat Pendidikan
 Educational Background
 Memperoleh gelar Bachelor of Business Administration dari San                 He obtained a Bachelor of Business Administration from San Francisco
 Francisco State University pada tahun 1990. Beliau adalah penerima            State University in 1990. He was awarded Ernst and Young Indonesia
 penghargaan Ernst and Young Indonesia Entrepreneur of the Year                Entrepreneur of the Year 2012 by Ernst and Young and Businessperson
 2012 dari Ernst and Young dan Businessperson of the Year 2021 dari            of the Year 2021 by Fortune Indonesia.
 Fortune Indonesia.

 Dasar Hukum Pengangkatan
 Legal Basis for Appointment
 Beliau pertama kali diangkat sebagai Direktur Utama Perseroan pada            He was first appointed as the President Director of the Company in
 tahun 2017 dan diangkat kembali berdasarkan Akta Berita Acara RUPS            2017 and was reappointed based on the Deed of Minutes of the Annual
 Tahunan PT Erajaya Swasembada Tbk Nomor 08 Tanggal 23 Juni 2022.              GMS of PT Erajaya Swasembada Tbk Number 08 dated June 23, 2022.

 Periode Menjabat
 Employment Period
 23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.                       June 23, 2022 until the closing of 2026 Annual GMS.

 Rangkap Jabatan
 Concurrent Position
 Saat ini beliau juga menjabat di beberapa posisi pada entitas anak dan        Currently, he also serves in several positions at Subsidiaries and
 afiliasi yakni:                                                               affiliate as:
 • Direktur Utama PT Era Sukses Abadi.                                         • President Director of PT Era Sukses Abadi.
 • Direktur Erajaya Holding Pte.Ltd., Era Digital Pte.Ltd., Eraspace Pte.      • Director of Erajaya Holding Pte.Ltd., Era Digital Pte.Ltd., Eraspace
      Ltd., Era International Network Pte.Ltd., Venturistic Mobile Network          Pte.Ltd., Era International Network Pte.Ltd., Venturistic Mobile
      Sdn.Bhd., Era International Network Sdn.Bhd., Erajaya Swasembada              Network Sdn.Bhd., Era International Network Sdn.Bhd., Erajaya
      Pte.Ltd., Erajaya Digital Retail Pte.Ltd., Era Tech Communication Pte.        Swasembada Pte.Ltd., Erajaya Digital Retail Pte.Ltd., Era Tech
      Ltd., Techero Sdn.Bhd., Erafone Retails Malaysia Sdn.Bhd., Switch             Communication Pte.Ltd., Techero Sdn.Bhd., Erafone Retails
      Concept Sdn.Bhd., CG Computers Sdn.Bhd., Urban Republic Sdn.                  Malaysia Sdn.Bhd., Switch Concept Sdn.Bhd., CG Computers Sdn.
      Bhd., dan Switch Malaysia Sdn.Bhd.                                            Bhd., Urban Republic Sdn.Bhd., and Switch Malaysia Sdn.Bhd.
 • Komisaris Utama PT Era Prima Indonesia, PT Era Boga Nusantara,              • President Commissioner of PT Era Prima Indonesia, PT Era Boga
      PT Jagad Utama Lestari, PT Era Boga Pretzel, PT Mitra International           Nusantara, PT Jagad Utama Lestari, PT Era Boga Pretzel, PT
      Indonesia Distribusi, PT Nusa Abadi Sukses Artha Distribusi                   Mitra International Indonesia Distribusi, PT Nusa Abadi Sukses
      Indonesia, PT Prakarsa Prima Sentosa, PT Mitra International                  Artha Distribusi Indonesia, PT Prakarsa Prima Sentosa, PT Mitra
      Indonesia, PT Era Aktif Indonesia, PT Era Aktif Distribusi, PT Era            International Indonesia, PT Era Aktif Indonesia, PT Era Aktif
      Gaya Indonesia, dan PT Sinar Eka Selaras Tbk.                                 Distribusi, PT Era Gaya Indonesia, dan PT Sinar Eka Selaras Tbk.
 • Komisaris PT Indonesia Orisinil Teknologi, PT Mega Mulia Servindo,          • Commissioner of PT Indonesia Orisinil Teknologi, PT Mega Mulia
      PT Erafone Artha Retailindo, PT Era Farma Indonesia, PT Era Prima             Servindo, PT Erafone Artha Retailindo, PT Era Farma Indonesia,
      Medika, PT Sushi-Tei Indonesia, PT Erafone Dotcom, PT Data Tekno              PT Era Prima Medika, PT Sushi-Tei Indonesia, PT Erafone Dotcom,
      Indofarma, PT Teletama Artha Mandiri, PT Data Citra Mandiri, PT               PT Data Tekno Indofarma, PT Teletama Artha Mandiri, PT Data
      Nusa Abadi Sukses Artha, PT JD Sports Fashion Distribution, dan PT            Citra Mandiri, PT Nusa Abadi Sukses Artha, PT JD Sports Fashion
      Era Gaya Aktif.                                                               Distribution, dan PT Era Gaya Aktif.

 Pengalaman Kerja
 Professional Background
 Sebelumnya, beliau menjabat sebagai Direktur Prima Pesona Prakarsa            Previously he served as Director of Prima Pesona Prakarsa (2012 –
 (2012 – 2016), Komisaris PT Erafone Artha Retailindo (2012 – 2014),           2016), Commissioner of PT Erafone Artha Retailindo (2012 – 2014),
 Direktur PT Era Sukses Abadi (2011 – 2015), Komisaris PT Data Media           Director of PT Era Sukses Abadi (2011 – 2015), Commissioner of PT
 Telekomunikasi (2010 – 2014), Komisaris PT Mobile World Indonesia             Data Media Telekomunikasi (2010 – 2014), Commissioner of PT Mobile
 (2010 – 2015), Direktur PT Multi Media Selular (2010 – 2011), Komisaris       World Indonesia (2010 – 2015), Director of PT Multi Media Selular
 PT Multi Media Selular (2008 – 2010), Komisaris PT Erafone Dotcom             (2010 – 2011), Commissioner of PT Multi Media Selular (2008 – 2010),
 (2008 – 2013), CEO PT Kia Mobil Indonesia (2000 – 2005), dan Direktur         Commissioner of PT Erafone Dotcom (2008 – 2013), CEO of PT Kia
 PT Puspita Bisnispuri (1997 – 2000).                                          Mobil Indonesia (2000 – 2005), and Director of PT Puspita Bisnispuri
                                                                               (1997 – 2000).

 Hubungan Afiliasi
 Affiliation Relationship
 Beliau memiliki hubungan keluarga dengan Ardy Hady Wijaya selaku              He has family relationships with Ardy Hady Wijaya as President
 Komisaris Utama Perseroan, Richard Halim Kusuma selaku Komisaris              Commissioner of the Company, Richard Halim Kusuma as Commissioner
 Perseroan, Sintawati Halim selaku Direktur Perseroan, Mitchella Ardy          of the Company, Sintawati Halim as Director of the Company, Mitchella
 Hady Wijaya selaku Direktur Perseroan dan Keith Ardy Hady Wijaya              Ardy Hady Wijaya as Director of the Company, and Ketih Ardy Hady
 selaku Direktur Perseroan.                                                    Wijaya as Director of the Company.

 Kepemilikan Saham ERAA
 Shareholding in ERAA

 6.250.000 saham (0,04%) Posisi 31 Desember 2024 | 6,250,000 shares (0.04%) as of December 31, 2024.




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              Company Profile




     Profil Direksi
     PROFILE OF THE BOARD OF DIRECTORS




                                                     Riwayat Pendidikan
                                                     Educational Background
                                                     Memperoleh gelar Insinyur Teknologi Pangan dari Institut Pertanian Bogor pada tahun 1987
                                                     dan Master of Business Administration dari Institut Pengembangan Manajemen Indonesia pada
                                                     tahun 1990.
                                                     He obtained a degree in Food Technology Engineering from the Bogor Agricultural Institute in
                                                     1987 and a Master of Business Administration from the Indonesia Institute for Management
                                                     Development in 1990.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment
                                                     Beliau pertama kali diangkat sebagai Wakil Direktur Utama Perseroan pada tahun 2012 dan
                                                     diangkat kembali berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk
                                                     Nomor 08 Tanggal 23 Juni 2022.
                                                     He was first appointed as the Vice President Director of the Company in 2012 and was
                                                     reappointed based on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk
                                                     Number 08 dated June 23, 2022.

                                                     Periode Menjabat
                                                     Employment Period


     Hasan
                                                     23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                                     June 23, 2022 until the closing of 2026 Annual GMS.



     Aula                                            Rangkap Jabatan
                                                     Concurrent Position
                                                     Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
     Wakil Direktur Utama                            • Direktur Utama PT Citra Anugrah Sukses Abadi.
                                                     • Direktur PT Era Boga Nusantara, dan PT PT Erafone Dotcom.
     Vice President Director                         • Komisaris Utama PT Era Maju Terus, PT Era Kopi Anda, PT Mitra Belanja Anda, PT Era Sinar
                                                       Aktif, dan PT MST Golf Distribution.
                                                     • Komisaris PT Era Prima Indonesia, PT Jagad Utama Lestari, PT Nusa Gemilang Abadi, PT
                                                       Teletama Artha Mandiri, PT Mandiri Sinergi Niaga, PT Mitra International Indonesia Distribusi,
                                                       PT Nusa Abadi Sukses Artha Distribusi Indonesia, PT Multi Media Selular, PT Mitra International
     Warganegara                                       Indonesia, PT Era Aktif Indonesia, PT Era Aktif Distribusi, PT Era Gaya Indonesia, PT Era Gaya
     Citizenship                                       Distribusi, PT Era Inovatif Otomotif, dan PT Aero Inovasi Media.

     Indonesia                                       Currently, he also holds several positions in subsidiaries as:
                                                     • President Director of PT Citra Anugrah Sukses Abadi.
                                                     • Director of PT Era Boga Nusantara, dan PT PT Erafone Dotcom.
                                                     • President Commissioner of PT Era Maju Terus, PT Era Kopi Anda, PT Mitra Belanja Anda, PT Era
     Usia                Domisili                      Sinar Aktif, dan PT MST Golf Distribution.
     Year                Domicile                    • Commissioner of PT Era Prima Indonesia, PT Jagad Utama Lestari, PT Nusa Gemilang Abadi,
                                                       PT Teletama Artha Mandiri, PT Mandiri Sinergi Niaga, PT Mitra International Indonesia
     60 years old        Jakarta
             tahun
                                                       Distribusi, PT Nusa Abadi Sukses Artha Distribusi Indonesia, PT Multi Media Selular, PT Mitra
                                                       International Indonesia, PT Era Aktif Indonesia, PT Era Aktif Distribusi, PT Era Gaya Indonesia,
                                                       PT Era Gaya Distribusi, PT Era Inovatif Otomotif, dan PT Aero Inovasi Media.

     Lahir di Bengkalis pada Tahun 1964              Pengalaman Kerja
     Born in Bengkalis in 1964                       Professional Background
                                                     Sebelumnya beliau memiliki pengalaman di industri telekomunikasi selama 12 tahun (1998 –
                                                     2010) sebagai Country Manager PT Nokia Mobile Phones Indonesia, Executive Advisory PT Nokia
                                                     Mobile Phones Indonesia, Direktur PT Nokia Mobile Phones Indonesia.
                                                     Previously, he had 12 years of experience in telecommunications (1998 – 2010) as Country
                                                     Manager of PT Nokia Mobile Phones Indonesia, Executive Advisory of PT Nokia Mobile Phones
                                                     Indonesia, and Director of PT Nokia Mobile Phones Indonesia.

                                                     Hubungan Afiliasi
                                                     Affiliation Relationship
                                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan maupun
                                                     dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                                     He has no affiliated relationships with the Major Shareholders of the Company nor with fellow
                                                     members of the Board of Commissioners and Board of Directors of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA

                                                     6.250.000 saham (0,04%) Posisi 31 Desember 2024
                                                     6,250,000 shares (0.04%) as of December 31, 2024.




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                                   Riwayat Pendidikan
                                   Educational Background
                                   Memperoleh gelar Bachelor of Science in Finance dari California State University pada tahun
                                   1991 dan Master of Business Administration dari California State University, East Bay, Amerika
                                   Serikat pada tahun 1992.
                                   He obtained a Bachelor of Science in Finance from California State University in 1991 and a
                                   Master of Business Administration from California State University, East Bay, USA, in 1992.

                                   Dasar Hukum Pengangkatan
                                   Legal Basis for Appointment
                                   Beliau pertama kali diangkat sebagai Wakil Direktur Utama Perseroan pada tahun 2020 dan
                                   diangkat kembali berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk
                                   Nomor 08 Tanggal 23 Juni 2022.
                                   He was first appointed as the Vice President Director of the Company in 2020 and was
                                   reappointed based on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk
                                   Number 08 dated June 23, 2022.

                                   Periode Menjabat
                                   Employment Period
                                   23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.


Joy
                                   June 23, 2022 until the closing of 2026 Annual GMS.

                                   Rangkap Jabatan

Wahjudi
                                   Concurrent Position
                                   Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                   • Direktur Utama PT Erafone Artha Retailindo, PT Teletama Artha Mandiri, PT Mitra International
                                     Indonesia Distribusi, PT Nusa Abadi Sukses Artha Distribusi Indonesia, PT Multi Media Selular,
Wakil Direktur Utama                 PT Data Media Telekomunikasi, PT Data Citra Mandiri, PT Prakarsa Prima Sentosa, dan PT
                                     Nusa Abadi Sukses Artha.
Vice President Director            • Direktur Era International Network Pte.Ltd., Venturistic Mobile Network Pte.Ltd., Erajaya
                                     Swasembada Pte.Ltd., Erajaya Digital Retail Pte.Ltd., Era Tech Communication Pte.Ltd.,
                                     Techero Sdn.Bhd., Erafone Retails Malaysia Sdn.Bhd., Switch Concept Sdn.Bhd., Urban
                                     Republic Sdn.Bhd., Switch Malaysia Sdn.Bhd., dan CG Computers Sdn.Bhd.
Warganegara                        • Komisaris Utama PT Era Blu Elektronik dan PT Satera Manajemen Persada Indonesia.
Citizenship                        Currently, he also holds several positions in subsidiaries as:
                                   • President Director of PT Erafone Artha Retailindo, PT Teletama Artha Mandiri, PT Mitra
Indonesia                            International Indonesia Distribusi, PT Nusa Abadi Sukses Artha Distribusi Indonesia, PT Multi
                                     Media Selular, PT Data Media Telekomunikasi, PT Data Citra Mandiri, PT Prakarsa Prima
                                     Sentosa, and PT Nusa Abadi Sukses Artha.
                                   • Director of Era International Network Pte.Ltd., Venturistic Mobile Network Pte.Ltd., Erajaya
Usia              Domisili           Swasembada Pte.Ltd., Erajaya Digital Retail Pte.Ltd., Era Tech Communication Pte.Ltd.,
Year              Domicile           Techero Sdn.Bhd., Erafone Retails Malaysia Sdn.Bhd., Switch Concept Sdn.Bhd., Urban
                                     Republic Sdn.Bhd., Switch Malaysia Sdn.Bhd., and CG Computers Sdn.Bhd.

53 years old      Jakarta
       tahun                       • President Commissioner of PT Era Blu Elektronik dan PT Satera Manajemen Persada Indonesia.

                                   Pengalaman Kerja
                                   Professional Background
Lahir di Jakarta pada Tahun 1971
Born in Jakarta in 1971            Sebelumnya beliau menjabat sebagai Komisaris Independen PT Erajaya Swasembada Tbk (2019 –
                                   2020), Direktur Utama Indosat Ooredoo (2017 – 2018), Director and Chief of Sales and Distribution
                                   Officer Indosat Ooredoo (2014 – 2017), Chief Commerce Officer PT XL Axiata Tbk (2006 – 2014), VP
                                   Region PT XL Axiata Tbk (2005 – 2006), GM Sales Business Solution PT XL Axiata Tbk (2003 – 2005),
                                   GM Corporate Strategy PT XL Axiata Tbk (2000 – 2003), Finance Controller PT XL Axiata Tbk (1997
                                   – 2000), dan GM Finance & Treasury PT Mobile Selular Indonesia (1995 – 1997).
                                   Previously he served as Independent Commissioner of PT Erajaya Swasembada Tbk (2019 – 2020),
                                   President Director of Indosat Ooredoo (2017 – 2018), Director and Chief of Sales and Distribution
                                   Officer of Indosat Ooredoo (2014 – 2017), Chief Commerce Officer of PT XL Axiata Tbk ( 2006 –
                                   2014), VP Region PT XL Axiata Tbk (2005 – 2006), GM Sales Business Solution PT XL Axiata Tbk
                                   (2003 – 2005), GM Corporate Strategy PT XL Axiata Tbk (2000 – 2003), Finance Controller PT XL
                                   Axiata Tbk (1997–2000), and GM of Finance & Treasury of PT Mobile Selular Indonesia (1995 – 1997).

                                   Hubungan Afiliasi
                                   Affiliation Relationship
                                   Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan maupun
                                   dengan sesama anggota Dewan Komisaris dan Direksi Perseroan.
                                   He has no affiliated relationships with the Major Shareholders of the Company nor with fellow
                                   members of the Board of Commissioners and Board of Directors of the Company.

                                   Kepemilikan Saham ERAA
                                   Shareholding in ERAA
                                   Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.



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     PROFILE OF THE BOARD OF DIRECTORS




                                                     Riwayat Pendidikan
                                                     Educational Background
                                                     Memperoleh gelar Bachelor of Science (Cum Laude with Honors) pada bidang ilmu Computers
                                                     Application and Information System dari College of Business and Public Administration, New
                                                     York University, Amerika Serikat pada tahun 1985 dan Master of Business Administration dari
                                                     Leonard N. Stern School of Business, New York University, Amerika Serikat pada tahun 1989.
                                                     She obtained a Bachelor of Science (Cum Laude with Honors) in Computers Application and
                                                     Information Systems from the College of Business and Public Administration, New York
                                                     University, United States of America, in 1985 and a Master of Business Administration from
                                                     Leonard N. Stern School of Business, New York University, United States of America in 1989.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment
                                                     Beliau pertama kali diangkat sebagai Direktur Perseroan pada tahun 2008 dan diangkat kembali
                                                     berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk Nomor 08 Tanggal
                                                     23 Juni 2022.
                                                     She was first appointed as the Director of the Company in 2008 and was reappointed based on the
                                                     Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk Number 08 dated June 23, 2022.

                                                     Periode Menjabat
                                                     Employment Period

     Sintawati                                       23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                                     June 23, 2022 until the closing of 2026 Annual GMS.


     Halim                                           Rangkap Jabatan
                                                     Concurrent Position

     Direktur                                        Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                                     • Direktur Erajaya Holding Pte.Ltd., Erajaya Digital Pte.Ltd., Era Property Holding Pte.Ltd.,
     Director                                          Erajaya Swasembada Pte.Ltd., Erajaya Digital Retail Pte.Ltd., dan Era Tech Communication Pte.
                                                       Ltd.
                                                     • Komisaris PT Erafone Artha Retailindo, PT Azec Indonesia Management Services, PT Data
                                                       Media Telekomunikasi, PT Prakarsa Prima Sentosa, dan PT Nusa Abadi Sukses Artha.
     Warganegara                                     Currently, he also holds several positions in subsidiaries as:
                                                     • Director of Erajaya Holding Pte.Ltd., Erajaya Digital Pte.Ltd., Era Property Holding Pte.Ltd.,
     Citizenship
                                                       Erajaya Swasembada Pte.Ltd., Erajaya Digital Retail Pte.Ltd., and Era Tech Communication Pte.

     Indonesia                                         Ltd.
                                                     • Commissioner of PT Erafone Artha Retailindo, PT Azec Indonesia Management Services, PT
                                                       Data Media Telekomunikasi, PT Prakarsa Prima Sentosa, and PT Nusa Abadi Sukses Artha.

     Usia                Domisili                    Pengalaman Kerja
     Year                Domicile                    Professional Background

     63 years old        Jakarta
             tahun
                                                     Sebelumnya beliau menjabat sebagai Senior VP Finance PT Mobile-8 Telecom (2003 – 2008),
                                                     Direktur Industry Standard Servers (Enterprise System Group) Hewlett-Packard Indonesia (2002
                                                     – 2003), dan Direktur Keuangan dan Administrasi Compaq Computer Indonesia (2001 – 2002).
     Lahir di Palembang pada Tahun 1961              Previously, she served as Senior VP of Finance of PT Mobile-8 Telecom (2003 – 2008), Director
     Born in Palembang in 1961                       of Industry Standard Servers (Enterprise System Group) of Hewlett-Packard Indonesia (2002 –
                                                     2003), and Director of Finance and Administration at Compaq Computer Indonesia (2001 – 2002).

                                                     Hubungan Afiliasi
                                                     Affiliation Relationship
                                                     Beliau memiliki hubungan keluarga dengan Ardy Hady Wijaya selaku Komisaris Utama
                                                     Perseroan, Richard Halim Kusuma selaku Komisaris Perseroan, Budiarto Halim selaku Direktur
                                                     Utama Perseroan, Mitchella Ardy Hady Wijaya selaku Direktur Perseroan, dan Keith Ardy Hady
                                                     Wijaya selaku Direktur Perseroan.
                                                     She has a family relationship with Ardy Hady Wijaya as President Commissioner of the Company,
                                                     Richard Halim Kusuma as Commissioner of the Company, Budiarto Halim as President Director
                                                     of the Company, Mitchella Ardy Hady Wijaya as Direktur of the Company, and Keith Ardy Hady
                                                     Wijaya as Director of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA
                                                     7.500.000 saham (0,05%) Posisi 31 Desember 2024.
                                                     7,500,000 shares (0.05%) as of December 31, 2024.




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                                                                                                      Company Profile




                                   Riwayat Pendidikan
                                   Educational Background
                                   Memperoleh gelar Sarjana Ekonomi dari Universitas Tarumanegara, Jakarta, Indonesia pada
                                   tahun 1994.
                                   He obtained a Bachelor of Economics from Tarumanegara University, Jakarta, Indonesia, in 1994.

                                   Dasar Hukum Pengangkatan
                                   Legal Basis for Appointment
                                   Beliau pertama kali diangkat sebagai Direktur Perseroan pada tahun 2014 dan diangkat kembali
                                   berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk Nomor 08 Tanggal
                                   23 Juni 2022.
                                   He was first appointed as the Director of the Company in 2014 and was reappointed based on
                                   the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk Number 08 dated June
                                   23, 2022.

                                   Periode Menjabat
                                   Employment Period
                                   23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                   June 23, 2022 until the closing of 2026 Annual GMS.


Djohan                             Rangkap Jabatan
                                   Concurrent Position


Sutanto                            Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                   • Direktur Utama PT Sinar Eka Selaras Tbk, PT Mitra International Indonesia, PT JD Sports
                                     Fashion Distribution, PT Era Gaya Aktif, PT Era Aktif Indonesia, PT Era Aktif Distribusi, PT Era
                                     Gaya Indonesia, PT Era Gaya Distribusi, PT Era Inovasi Otomotif, dan PT Aero Inovasi Media.
Direktur                           • Komisaris Utama PT MST Golf Indonesia dan Komisaris PT Sinar Era Aktif.
                                   Currently, he also holds several positions in subsidiaries as:
Director                           • President Director of PT Sinar Eka Selaras Tbk, PT Mitra International Indonesia, PT JDSports
                                     Fashion Distribution, and PT Era Aktif Indonesia, PT Era Aktif Distribusi, PT Era Gaya Indonesia,
                                     and PT Era Gaya Distribusi.
                                   • Director at PT Era Boga Nusantara and PT JDSports Fashion Indonesia.
Warganegara                        • President Commissioner of PT Mitra Belanja Anda, PT Era Boga Patiserindo, and PT MST Golf
                                     Indonesia.
Citizenship
                                   • Commissioner of Sinar Era Aktif.

Indonesia                          Pengalaman Kerja
                                   Professional Background
Usia              Domisili
                                   Sebelumnya, beliau menjabat sebagai Direktur Penjualan PT Trikomsel Oke (1998 – 2010), dan
Year              Domicile         Senior Marketing Manager PT Panggung Electric Citrabuana (1993 – 1998).

52 years old      Jakarta
       tahun                       Previously, he served as Director of Sales at PT Trikomsel Oke (1998 – 2010) and Senior Marketing
                                   Manager of PT Panggung Electric Citrabuana (1993 – 1998).

                                   Hubungan Afiliasi
Lahir di Jakarta pada Tahun 1972   Affiliation Relationship
Born in Jakarta in 1972
                                   Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan maupun
                                   dengan sesama anggota Direksi dan Dewan Komisaris Perseroan.
                                   He has no affiliated relationships with the Company’s Major Shareholders nor with fellow
                                   members of the Board of Directors and Board of Commissioners of the Company.

                                   Kepemilikan Saham ERAA
                                   Shareholding in ERAA
                                   800.000 saham (0,001%) Posisi 31 Desember 2024.
                                   800,000 shares (0.001%) as of December 31, 2024.




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     PROFILE OF THE BOARD OF DIRECTORS




                                                     Riwayat Pendidikan
                                                     Educational Background

                                                     Memperoleh gelar Bachelor of Accountancy dari National University of Singapore pada
                                                     tahun 1992.
                                                     He obtained a Bachelor of Accountancy from the National University of Singapore in 1992.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment

                                                     Beliau pertama kali diangkat sebagai Direktur Perseroan pada tahun 2010 dan diangkat
                                                     kembali berdasarkan Akta Berita Acara RUPS Tahunan PT Erajaya Swasembada Tbk
                                                     Nomor 08 Tanggal 23 Juni 2022.
                                                     He was first appointed as the Director of the Company in 2010 and was reappointed
                                                     based on the Deed of Minutes of the Annual GMS of PT Erajaya Swasembada Tbk Number
                                                     08 dated June 23, 2022.

                                                     Periode Menjabat
                                                     Employment Period
                                                     23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.



     Sim Chee Ping
                                                     June 23, 2022 until the closing of 2026 Annual GMS.

                                                     Rangkap Jabatan
                                                     Concurrent Position

     Direktur                                        Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                                     • Direktur Utama PT Era Boga Nusantara, PT Era Maju Terus, PT Era Kopi Anda, PT Era
     Director                                          Boga Pretzel, dan PT Era Boga Patiserindo.
                                                     • Direktur PT Mitra Belanja Anda, Erajaya Digital Pte.ltd., Eraspace Pte.ltd., dan Era Tech
                                                       Communication Pte.Ltd.
                                                     • Komisaris Utama PT Era Caring Indonesia.
     Warganegara                                     • Komisaris PT Blackhawk Network Indonesia dan PT Boltech Device Protection
     Citizenship                                       Indonesia.

     Singapura | Singaporean                         Currently, he also holds several positions in subsidiaries as:
                                                     • President Director of PT Era Boga Nusantara, PT Era Maju Terus, PT Era Kopi Anda, PT
                                                       Era Boga Pretzel, and PT Era Boga Patiserindo.
                                                     • Director of PT Mitra Belanja Anda, Erajaya Digital Pte.ltd., Eraspace Pte.ltd., and Era
     Usia                Domisili
                                                       Tech Communication Pte.Ltd.
     Year                Domicile                    • President Commissioner of PT Era Caring Indonesia.

     55 years old
                                                     • Commissioner of PT Blackhawk Network Indonesia and PT Boltech Device Protection
                         Jakarta
             tahun
                                                       Indonesia.

                                                     Pengalaman Kerja
     Lahir di Singapura pada Tahun 1969              Professional Background
     Born in Singapore in 1969
                                                     Sebelumnya beliau menjabat sebagai Direktur Bisnis di Arthur Andersen (1998 - 2000),
                                                     dan Direktur Eksekutif PT AZEC Indonesia Management Service (2000 - 2010).
                                                     Previously, he served as Business Director at Arthur Andersen (1998 - 2000) and Executive
                                                     Director at PT AZEC Indonesia Management Service (2000 - 2010).

                                                     Hubungan Afiliasi
                                                     Affiliation Relationship

                                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                                                     maupun dengan sesama anggota Direksi dan Dewan Komisaris Perseroan.
                                                     He has no affiliated relationships with the Company’s Major Shareholders nor with fellow
                                                     members of the Board of Directors and Board of Commissioners of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA

                                                     6.250.000 saham (0,04%) Posisi 31 Desember 2024
                                                     6,250,000 shares (0.04%) as of December 31, 2024.




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                                 Riwayat Pendidikan
                                 Educational Background

                                 Memperoleh gelar sarjana dari Hankook University of Foreign Studies              , Seoul,
                                 Korea Selatan pada tahun 1990.
                                 He obtained his Bachelor’s degree from Hankook University of Foreign Studies            ,
                                 Seoul, South Korea in 1990.

                                 Dasar Hukum Pengangkatan
                                 Legal Basis for Appointment

                                 Beliau diangkat sebagai Direktur Perseroan berdasarkan Akta Berita Acara RUPS Tahunan
                                 PT Erajaya Swasembada Tbk Nomor 08 Tanggal 23 Juni 2022.
                                 He was appointed based on the Deed of Minutes of the Annual GMS of PT Erajaya
                                 Swasembada Tbk Number 08 dated June 23, 2022.

                                 Periode Menjabat
                                 Employment Period

                                 23 Juni 2022 sampai dengan penutupan RUPS Tahunan 2026.
                                 June 23, 2022 until the closing of 2026 Annual GMS.


Jong Woon                        Rangkap Jabatan
                                 Concurrent Position


Kim                              Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                 • Direktur Utama PT Satera Manajemen Persada Indonesia.
                                 • Wakil Direktur Utama PT Erafone Artha Retailindo, PT Data Citra Mandiri, PT Nusa Abadi
                                   Sukses Artha, dan PT Teletama Artha Mandiri.
Direktur                         Currently, he also holds several positions in subsidiaries as:
Director                         • President Director of PT Satera Manajemen Persada Indonesia.
                                 • Vice President Director of PT Erafone Artha Retailindo, PT Data Citra Mandiri, PT Nusa
                                   Abadi Sukses Artha, and PT Teletama Artha Mandiri.

Warganegara                      Pengalaman Kerja
Citizenship                      Professional Background

Korea | Korean                   Sebelumnya, beliau menjabat sebagai Chief Executive Officer dari Mega Matric System
                                 (2000 - 2010), dan Sales & Marketing Director PT LG Electronics Indonesia (1995 - 2000).
                                 Beliau memulai karirnya di Departemen Penjualan Domestik, LG Electronics, Korea
Usia              Domisili       Selatan (1990 - 1995).
Year              Domicile       Previously, he served as Chief Executive Officer of Mega Matric System (2000 - 2010), and
                                 Sales & Marketing Director of PT LG Electronics Indonesia (1995 - 2000). He started his
57 years old      Jakarta
       tahun
                                 career at Domestic Sales Department, LG Electronics, South Korea (1990 - 1995).

                                 Hubungan Afiliasi
Lahir di Seoul pada Tahun 1968   Affiliation Relationship
Born in Seoul in 1968
                                 Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                                 maupun dengan sesama anggota Direksi dan Dewan Komisaris Perseroan.
                                 He has no affiliated relationships with the Company’s Major Shareholders nor with fellow
                                 members of the Board of Directors and Board of Commissioners of the Company.

                                 Kepemilikan Saham ERAA
                                 Shareholding in ERAA

                                 Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.




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     Profil Direksi
     PROFILE OF THE BOARD OF DIRECTORS




                                                     Riwayat Pendidikan
                                                     Educational Background

                                                     Lulus dari Akademi Akuntansi YKPN Yogyakarta pada tahun 1991.
                                                     She graduated from Akademi Akuntansi YKPN Yogyakarta in 1991.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment

                                                     Beliau diangkat sebagai Direktur Perseroan berdasarkan Akta Pernyataan Keputusan
                                                     RUPS Tahunan PT Erajaya Swasembada Tbk Nomor 23 Tanggal 30 Juni 2023.
                                                     She was appointed as Director of the Company based on the Deed of Decision Statement
                                                     of the Annual GMS of PT Erajaya Swasembada Tbk Number 23 dated June 30, 2023.

                                                     Periode Menjabat
                                                     Employment Period
                                                     30 Juni 2023 sampai dengan penutupan RUPS Tahunan 2026.
                                                     June 30, 2023 until the closing of 2026 Annual GMS.

                                                     Rangkap Jabatan


     Elly*)
                                                     Concurrent Position

                                                     Saat ini beliau juga menjabat di beberapa posisi pada entitas anak sebagai:
                                                     • Direktur Utama PT Era Prima Indonesia, PT Era Farma Indonesia, PT Era Prima Medika,
                                                       dan PT Nusa Gemilang Abadi.
     Direktur                                        • Direktur PT Era Caring Indonesia.
                                                     • Komisaris PT Era Sehat Bersama, PT Era Fit Indonesia, dan PT Era Farma Medika.
     Director                                        Currently, he also holds several positions in subsidiaries as:
                                                     • President Director of PT Era Prima Indonesia, PT Era Farma Indonesia, PT Era Prima
                                                       Medika, and PT Nusa Gemilang Abadi.
                                                     • Director of PT Era Caring Indonesia.
     Warganegara
                                                     • Commissioner of PT Era Sehat Bersama, PT Era Fit Indonesia, dan PT Era Farma Medika.
     Citizenship
                                                     Pengalaman Kerja
     Indonesia                                       Professional Background

     Usia                Domisili                    Memiliki pengalaman lebih dari 20 tahun di industri telekomunikasi di Indonesia,
                                                     kemudian pada tahun 1998 bergabung di PT Erajaya Swasembada Tbk di bagian penjualan
     Year                Domicile
                                                     dan pemasaran.

     54 years old        Jakarta
             tahun
                                                     She has more than 20 years of experience in the telecommunications industry in
                                                     Indonesia, then in 1998 she joined PT Erajaya Swasembada Tbk in the sales and marketing
                                                     department.
     Lahir di Metro pada Tahun 1970
                                                     Hubungan Afiliasi
     Born in Metro in 1970
                                                     Affiliation Relationship

                                                     Beliau tidak memiliki hubungan afiliasi dengan Pemegang Saham Utama Perseroan
                                                     maupun dengan sesama anggota Direksi dan Dewan Komisaris Perseroan.
                                                     She has no affiliated relationships with the Major Shareholders of the Company nor with
                                                     fellow members of the Board of Directors and Board of Commissioners of the Company.

                                                     Kepemilikan Saham ERAA
                                                     Shareholding in ERAA
                                                     1.471.600 saham (0,01%) Posisi 31 Desember 2024.
                                                     1,471,600 shares (0.01%) as of December 31, 2024.

                                                     *)
                                                          Ibu Elly telah mengundurkan diri dari posisinya sebagai Direktur efektif pada tanggal 31 Januari 2025.
                                                          Ms. Elly has resigned from his position as Director effective January 31, 2025.




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                                   Riwayat Pendidikan
                                   Educational Background

                                   Memperoleh gelar Sarjana Sistem Informasi dari Binus University International pada
                                   tahun 2008.
                                   She obtained a Bachelor of Information Systems from Binus University International in
                                   2008.

                                   Dasar Hukum Pengangkatan
                                   Legal Basis for Appointment

                                   Beliau diangkat sebagai Direktur Perseroan berdasarkan Akta Berita Acara RUPS Luar
                                   Biasa PT Erajaya Swasembada Tbk Nomor 03 Tanggal 6 September 2023.
                                   She was appointed as Director of the Company based on the Deed of Minutes of the
                                   Extraordinary GMS of PT Erajaya Swasembada Tbk Number 03 dated September 6, 2023.

                                   Periode Menjabat
                                   Employment Period
                                   6 September 2023 sampai dengan penutupan RUPS Tahunan 2026.
                                   September 6, 2023 until the closing of 2026 Annual GMS.



Mitchella Ardy                     Rangkap Jabatan
                                   Concurrent Position


Hady Wijaya*)                      Beliau tidak memiliki rangkap jabatan.
                                   She does not have concurrent positions.

                                   Pengalaman Kerja
Direktur                           Professional Background
Director                           Sebelumnya, beliau menjabat sebagai Purchasing General Manager di                            PT Erajaya
                                   Swasembada Tbk.
                                   Previously, she served as General Manager of Purchasing at PT Erajaya Swasembada Tbk.
Warganegara
Citizenship                        Hubungan Afiliasi
                                   Affiliation Relationship
Indonesia                          Beliau memiliki hubungan keluarga dengan Ardy Hady Wijaya selaku Komisaris Utama
                                   Perseroan, Richard Halim Kusuma selaku Komisaris Perseroan, Sintawati Halim selaku
Usia              Domisili         Direktur Perseroan, Budiarto Halim selaku Direktur Utama Perseroan, dan Keith Ardy
Year              Domicile         Hady Wijaya selaku Direktur Perseroan.
                                   She has family relationships with Ardy Hady Wijaya as President Commissioner of the
38 years old      Jakarta
       tahun
                                   Company, Richard Halim Kusuma as Commissioner of the Company, Sintawati Halim as
                                   Director of the Company, Budiarto Halim as President Director of the Company, and Keith
                                   Ardy Hady Wijaya as Director of the Company.
Lahir di Jakarta pada Tahun 1986
                                   Kepemilikan Saham ERAA
Born in Jakarta in 1986
                                   Shareholding in ERAA

                                   Nihil Posisi 31 Desember 2024. | Nil as of December 31, 2024.
                                   *)
                                        Ibu Mitchella Ardy Hady Wijaya telah mengundurkan diri dari posisinya sebagai Direktur efektif pada
                                        tanggal 31 Januari 2025.
                                        Ms. Mitchella Ardy Hady Wijaya has resigned from her position as Director effective January 31, 2025.




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     Profil Direksi
     PROFILE OF THE BOARD OF DIRECTORS




                                                     Riwayat Pendidikan
                                                     Educational Background

                                                     Memperoleh gelar Bachelor of Science, Program Studi Manajemen dari California State
                                                     University, Northridge pada tahun 2010.
                                                     He obtained a Bachelor of Science in Management from California State University,
                                                     Northridge in 2010.

                                                     Dasar Hukum Pengangkatan
                                                     Legal Basis for Appointment

                                                     Beliau diangkat sebagai Direktur Perseroan berdasarkan Akta Berita Acara RUPS Luar
                                                     Biasa PT Erajaya Swasembada Tbk Nomor 03 Tanggal 6 September 2023.
                                                     He was appointed as Director of the Company based on the Deed of Minutes of the
                                                     Extraordinary GMS of PT Erajaya Swasembada Tbk Number 03 dated September 6, 2022.

                                                     Periode Menjabat
                                                     Employment Period
                                                     6 September 2023 sampai dengan penutupan RUPS Tahunan 2026.
                                                     September 6, 2023 until the closing of 2026 Annual GMS.



     Keith Ardy                                      Rangkap Jabatan
                                                     Concurrent Position


     Hady Wijaya*)                                   Beliau tidak memiliki rangkap jabatan.
                                                     He does not have concurrent positions.

                                                     Pengalaman Kerja
     Direktur                                        Professional Background
     Director                                        Sebelumnya, beliau menjabat sebagai Head of Channel Development di PT Sinar Eka
                                                     Selaras Tbk.
                                                     Previously, he served as Head of Channel Development at PT Sinar Eka Selaras Tbk.
     Warganegara
     Citizenship                                     Hubungan Afiliasi
                                                     Affiliation Relationship
     Indonesia                                       Beliau memiliki hubungan keluarga dengan Ardy Hady Wijaya selaku Komisaris Utama
                                                     Perseroan, Richard Halim Kusuma selaku Komisaris Perseroan, Sintawati Halim selaku
     Usia                Domisili                    Direktur Perseroan, Budiarto Halim selaku Direktur Utama Perseroan, dan Mitchella Ardy
     Year                Domicile                    Hady Wijaya selaku Direktur Perseroan.
                                                     He has family relationships with Ardy Hady Wijaya as President Commissioner of the
     36 years old        Jakarta
             tahun
                                                     Company, Richard Halim Kusuma as Commissioner of the Company, Sintawati Halim as
                                                     Director of the Company, Budiarto Halim as President Director of the Company, and Keith
                                                     Ardy Hady Wijaya as Director of the Company.
     Lahir di Jakarta pada Tahun 1988
                                                     Kepemilikan Saham ERAA
     Born in Jakarta in 1988
                                                     Shareholding in ERAA
                                                     125.000 saham (0,001%) Posisi 31 Desember 2024.
                                                     125,000 shares (0.001%) as of December 31, 2024.

                                                     *)
                                                          Bapak Keith Ardy Hady Wijaya telah mengundurkan diri dari posisinya sebagai Direktur efektif pada
                                                          tanggal 31 Januari 2025.
                                                          Mr. Keith Ardy Hady Wijaya has resigned from his position as Director effective January 31, 2025.




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Perubahan Komposisi Dewan Komisaris pada
Tahun Buku 2024
CHANGES IN THE COMPOSITION OF THE BOARD OF COMMISSIONERS
IN THE FISCAL YEAR 2024



RUPS Tahunan tanggal 19 Juni 2024 menyetujui mengangkat         On June 19, 2024, the Annual GMS approved Mr. Richard M.
Bapak Richard M. Harjani sebagai Komisaris Perseroan            Harjani’s appointment as a Commissioner of the Company,
terhitung sejak tanggal ditutupnya Rapat sampai dengan          effective from the date of the meeting until the end of the
akhir periode jabatan Dewan Komisaris Perseroan lainnya         other term of office of the Company’s Board of Commissioners,
yaitu hingga penutupan RUPS Tahunan Perseroan tahun buku        specifically until the closing of the Company’s Annual GMS for
2026 yang akan diselenggarakan pada tahun 2027 dengan           the financial year 2026, which will take place in 2027 while
memperhatikan peraturan Pasar Modal, namun dengan               taking Capital Market regulations into consideration. However,
tidak mengurangi hak RUPS untuk memberhentikan yang             this does not affect the GMS’s right to terminate the individual
bersangkutan sewaktu-waktu.                                     in question at any time.


Demikian, komposisi Dewan Komisaris Perseroan sampai            Therefore, the composition of the Company’s Board of
dengan 31 Desember 2024 adalah sebagai berikut:                 Commissioners as of December 31, 2024, is as follows:



                                                          Nama
                  Jabatan                                                                           Position
                                                          Name

Komisaris Utama                                      Ardy Hady Wijaya                                   President Commissioner
Komisaris                                          Richard Halim Kusuma                                          Commissioner
Komisaris Independen                                   Lim Bing Tjay                                 Independent Commissioner
Komisaris Independen                             I Gusti Putu Suryawirawan                           Independent Commissioner
Komisaris                                         Andreas Harun Djumadi                                          Commissioner
Komisaris                                           Richard M. Harjani                                           Commissioner




Perubahan Komposisi Direksi pada
Tahun Buku 2024
CHANGES IN THE COMPOSITION OF THE BOARD OF DIRECTORS
IN THE FISCAL YEAR 2024



Tidak ada perubahan susunan anggota Direksi Perseroan pada      There was no change in the composition of the Company’s
tahun 2024.                                                     members of the Board of Directors in 2024.




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     Perubahan Komposisi Direksi dan/atau Dewan
     Komisaris setelah tahun buku 2024 berakhir
     sampai dengan Batas Waktu Penyampaian
     Laporan Tahunan 2024
     CHANGES IN THE COMPOSITION OF THE BOARD OF DIRECTORS AND/ OR
     THE BOARD OF COMMISSIONERS AFTER THE FISCAL YEAR 2024 ENDS UNTIL
     THE DEADLINE FOR SUBMITTING THE 2024 ANNUAL REPORT



     Keputusan Rapat Umum Pemegang Saham Luar Biasa                       The resolution of the Extraordinary General Meeting of
     (RUPSLB) tanggal 19 Maret 2025 dengan agenda persetujuan             Shareholders (EGMS) dated 19 March 2025 with the agenda
     atas perubahan susunan Direksi dan Dewan Komisaris                   of approval of changes to the composition of the Company’s
     Perseroan adalah sebagai berikut:                                    Board of Directors and Board of Commissioners is as follows:
     1. Menyetujui menerima pengunduran diri Bapak Ardy Hady              1. Approved to accept the resignation of Mr. Ardy Hady
         Wijaya selaku Komisaris Utama Perseroan, Ibu Elly, Ibu               Wijaya as the Company’s President Commissioner, Mrs.
         Mitchella Ardy Hady Wijaya, dan Bapak Keith Ardy Hady                Elly, Mrs. Mitchella Ardy Hady Wijaya, and Mr. Keith Ardy
         Wijaya masing-masing selaku Direktur Perseroan efektif               Hady Wijaya, each as Director of the Company, effective as
         terhitung sejak tanggal 31 Januari 2025.                             of January 31, 2025.
     2. Menyetujui untuk mengangkat:                                      2. Approved to appoint:
         • Bapak Alexander Halim Kusuma sebagai Komisaris                     • Mr. Alexander Halim Kusuma as President
             Utama Perseroan,                                                      Commissioner of the Company,
         • Bapak Patrick Adhiatmadja sebagai Direktur Perseroan.              • Mr. Patrick Adhiatmadja as Director of the Company.


        Masing-masing terhitung sejak tanggal ditutupnya Rapat ini             Each is effective from the closing date of this Meeting until
        sampai dengan akhir periode jabatan sebagaimana diatur                 the end of the term of office as stipulated in the Company’s
        dalam Anggaran Dasar Perseroan dengan memperhatikan                    Articles of Association with due observance of Capital
        peraturan pasar Modal, namun tidak mengurangi hak                      Market regulations, but without reducing the right of the
        RUPS untuk memberhentikan yang bersangkutan sewaktu-                   GMS to dismiss the person concerned at any time.
        waktu.
     3. Menyetujui untuk mempermudah perhitungan masa                     3. Approved to simplify the calculation of the term of office
        jabatan pengurus Perseroan maka memberhentikan                       of the Company’s management, then honorably dismiss all
        dengan hormat seluruh anggota Direksi dan Dewan                      members of the Company’s Board of Directors and Board
        Komisaris Perseroan pada Susunan Pengurus Perseroan                  of Commissioners in the previous Company’s Management
        terdahulu, sebagai berikut:                                          Composition, as follows:



                                                                  Nama
                        Jabatan                                                                                 Position
                                                                  Name

      Dewan Komisaris Perseroan | Board of Commissioners of the Company
      Komisaris Utama                                     Alexander Halim Kusuma                                    President Commissioner
      Komisaris                                           Andreas Harun Djumadi                                              Commissioner
      Komisaris                                              Richard M. Harjani                                              Commissioner
      Komisaris                                            Richard Halim Kusuma                                              Commissioner
      Komisaris Independen                                     Lim Bing Tjay                                     Independent Commissioner
      Komisaris Independen                               I Gusti Putu Suryawirawan                               Independent Commissioner




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                                                             Nama
                   Jabatan                                                                                Position
                                                             Name

Direksi Perseroan | Board of Directors of the Company
Direktur Utama                                           Budiarto Halim                                              President Director
Wakil Direktur Utama                                       Hasan Aula                                           Vice President Director
Wakil Direktur Utama                                       Joy Wahjudi                                          Vice President Director
Direktur                                                  Sim Chee Ping                                                       Director
Direktur                                                 Sintawati Halim                                                      Director
Direktur                                                 Djohan Sutanto                                                       Director
Direktur                                                 Jong Woon Kim                                                        Director
Direktur                                                Patrick Adhiatmaja                                                    Director



   Masing-masing terhitung sejak tanggal ditutupnya Rapat                 Each is effective from the closing date of the meeting until
   sampai dengan akhir periode jabatan sebagaimana diatur                 the end of the term of office as stipulated in the Company’s
   dalam Anggaran Dasar Perseroan dengan memperhatikan                    Articles of Association, taking into account Capital Market
   peraturan pasar Modal, namun tidak mengurangi hak                      regulations, but without reducing the right of the GMS to
   RUPS untuk memberhentikan yang bersangkutan sewaktu-                   dismiss the person concerned at any time.
   waktu.
5. Memberikan kuasa kepada Direksi Perseroan dengan                5. Granting power to the Board of Directors of the Company
   hak substitusi untuk menyatakan kembali keputusan                  with the right of substitution to restate the decision
   berkenaan dengan perubahan tersebut diatas dihadapan               regarding the above changes before a Notary and then
   Notaris dan selanjutnya memberitahukannya kepada                   notify the Minister of Law of the Republic of Indonesia,
   Menteri Hukum Republik Indonesia, dan untuk itu                    and for that purpose, to take all necessary actions in
   melakukan segala tindakan yang diperlukan sesuai dengan            accordance with statutory regulations.
   peraturan perundang-undangan.




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     Pengungkapan Hubungan Afiliasi Anggota
     Dewan Komisaris, Direksi, dan Pemegang Saham
     Utama
     DISCLOSURE OF AFFILIATE RELATIONSHIPS BETWEEN MEMBERS OF THE
     BOARD OF COMMISSIONERS, THE BOARD OF DIRECTORS, AND MAJOR
     SHAREHOLDERS



                                                            Hubungan Keuangan dengan                                        Hubungan Keluarga dengan
                                                             Financial Relationship with                                      Family Relationship with
                                                   Dewan                                    Pemegang            Dewan                               Pemegang
                                                                          Direksi                                                    Direksi
                      Nama                        Komisaris                               Saham Utama          Komisaris                          Saham Utama
                                                                         Board of                                                   Board of
                      Name                         Board of                                   Major             Board of                              Major
                                                                         Directors                                                  Directors
                                                 Commisioners                              Shareholders       Commisioners                         Shareholders
                                                  Ya       Tidak       Ya      Tidak       Ya       Tidak      Ya       Tidak      Ya     Tidak    Ya    Tidak
                                                  Yes       No         Yes      No         Yes       No        Yes       No        Yes     No      Yes    No

      Dewan Komisaris | Board of Commissioners
      Ardy Hady Wijaya2)                            -         √         -         √         √          -         √          -       √       -       √       -
      Richard Halim Kusuma     4)
                                                    -         √         -         √         √          -         √          -       √       -       √       -
      Lim Bing Tjay                                 -         √         -         √          -        √          -          √       -       √       -      √
      I Gusti Putu Suryawirawan                     -         √         -         √          -        √          -          √       -       √       -      √
      Andreas Harun Djumadi                         -         √         -         √          -        √          -          √       -       √       -      √
      Richard M. Harjani                            -         √         -         √          -        √          -          √       -       √       -      √
      Direksi | Board of Directors
      Budiarto Halim1)                              -         √         -         √         √          -         √          -       √       -       √       -
      Hasan Aula                                    -         √         -         √          -        √          -          √       -       √       -      √
      Joy Wahjudi                                   -         √         -         √          -        √          -          √       -       √       -      √
      Sintawati Halim   1)
                                                    -         √         -         √         √          -         √          -       √       -       √       -
      Djohan Sutanto                                -         √         -         √          -        √          -          √       -       √       -      √
      Sim Chee Ping                                 -         √         -         √          -        √          -          √       -       √       -      √
      Jong Woon Kim                                 -         √         -         √          -        √          -          √       -       √       -      √
      Elly                                          -         √         -         √          -        √          -          √       -       √       -      √
      Mitchella Ardy Hady Wijaya3)                  -         √         -         √         √          -         √          -       √       -       √       -
      Keith Ardy Hady Wijaya3)                      -         √         -         √         √          -         √          -       √       -       √       -

     Keterangan:
     1) Saudara kandung: Sintawati Halim (kakak) dan Budiarto Halim (adik).
     2) Saudara Ipar: Ardy Hady Wiajaya (kakak ipar keluarga Halim).
     3) Anak kandung dari Ardy Hady Wijaya: Mitchella Ardy Hady Wijaya dan Keith Ardy Hady Wijaya.
     4) Sepupu dari Mitchella dan Keith dan keponakan dari Sintawati, Budiarto Halim dan Ardy Hady Wijaya: Richard Halim Kusuma.

     Notes:
     1) Siblings: Sintawati Halim (sister) and Budiarto Halim (brother).
     2) Brother-in-law: Ardy Hady Wiajaya (brother-in-law of the Halim family).
     3) Ardy Hady Wijaya’s children: Mitchella Ardy Hady Wijaya and Keith Ardy Hady Wijaya.
     4) Cousin of Mitchella and Keith and nephew of Sintawati, Budiarto Halim and Ardy Hady Wijaya: Richard Halim Kusuma.




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Demografi Karyawan
EMPLOYEE DEMOGRAPHICS




Per 31 Desember 2024, jumlah karyawan Perseroan berjumlah       As of December 31, 2024, the number of the Company’s
6.131 orang, meningkat 8% dibandingkan tahun 2023 sebanyak      employees was 6,131 people, an increase of 8% compared to
5.675 orang sejalan dengan pertumbuhan dan pengembangan         2023 of 5,675 people in line with the growth and development
usaha Perseroan.                                                of the Company’s business.



            Berdasarkan Jenis Kelamin            2024                2023                        By Gender

Laki-Laki                                        4.125               3.827                                                 Male
Perempuan                                        2.006               1.848                                              Female
Jumlah                                           6.131               5.675                                                Total



       Berdasarkan Jenjang Pendidikan            2024                2023                       By Education

Pasca Sarjana (S2 & S3)                            188                160                          Master & Doctorate Degree
Sarjana (S1)                                     2.656               2.436                                     Bachelor Degree
Sarjana Muda (Diploma)                             697                764                                              Diploma
Lain-Lain                                        2.590               2.315                                               Others
Jumlah                                           6.131               5.675                                                Total



                 Berdasarkan Usia                2024                2023                          By Age

18 – 25 tahun                                    1.041                911                                      18 – 25 years old
26 – 35 tahun                                    3.323               3.067                                     26 – 35 years old
36 – 45 tahun                                    1.307               1.269                                     36 – 45 years old
46 – 55 tahun                                      396                372                                      46 – 55 years old
>50 tahun                                           64                 56                                         >50 years old
Jumlah                                           6.131               5.675                                                Total



                Berdasarkan Jabatan              2024                2023                        By Position

Staf                                             4.468               4.215                                          Entry Level
Manajemen Menengah                               1.361               1.167                                            Mid Level
Manajemen Senior                                   177                177                                          Senior Level
Eksekutif                                           90                 82                                             Executive
Komisaris & Direksi                                 35                 34                             Commissioner & Director
Jumlah                                           6.131               5.675                                                Total




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          Berdasarkan Status Ketenagakerjaan          2024                2023               By Employment Status

     Karyawan Tetap                                   5.698               5.358                            Permanent Employee
     Karyawan Tidak Tetap                              398                 283                        Non-Permanent Employee
     Direksi & Komisaris Perusahaan                     35                  34    Board of Commissioners & Board of Directors of
                                                                                                                  the Company
     Jumlah                                           6.131               5.675                                            Total



       Karyawan Kontraktor dan Subkontraktor                                       Contractor and Subcontractor Employee by
                                                      2024                2023
                berdasarkan Gender                                                                  Gender

     Laki-Laki                                        8.245               8.993                                             Male
     Perempuan                                        5.179               5.271                                          Female
     Jumlah                                          13.424              14.264                                            Total



       Karyawan Kontraktor dan Subkontraktor                                       Contractor and Subcontractor Employee by
                                                      2024                2023
             berdasarkan Asal Domisili                                                         Origin of Domicile

     Tenaga Lokal (Warga Negara Indonesia)           13.424              14.264                 Local Worker (Indonesian Citizen)
     Tenaga Asing (Warga Negara Asing/KITAS)              -                   -                   Foreign Worker (Foreign/KITAS)
     Jumlah                                          13.424              14.264                                            Total




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Informasi Pemegang Saham
SHAREHOLDERS INFORMATION




           54,51%
           PT Eralink International




           44,44%
           Masyarakat, masing-masing di
           bawah 5% kepemilikan
           Public, each below 5% ownership                                                               Jumlah Saham
                                                                                                             Total Shares



           1,05%
           Saham Treasuri
           Treasury Stock




Komposisi Pemegang Saham Tahun 2024
Shareholders Composition in 2024

                                                                        Per 1 Januari 2023                                  Per 31 Desember 2024
                                                                        As of Januari 1, 2023                              As of December 31, 2024

                  Pemegang Saham                                                            Persentase                                           Persentase
                                                               Jumlah Saham                                         Jumlah Saham
                    Shareholders                                                           Kepemilikan                                          Kepemilikan
                                                                 (lembar)                                             (lembar)
                                                                                            Ownership                                            Ownership
                                                              Number of Shares                                     Number of Shares
                                                                                            Percentage                                           Percentage
                                                                  (shares)                                             (shares)
                                                                                                (%)                                                  (%)

 Kepemilikan Lebih dari 5% | More than 5% Ownership
 PT Eralink Internasional                                            8.694.980.200                     54,51              8.694.980.200                 54,51
 Kepemilikan Kurang dari 5% | Less than 5% ownership
 Masyarakat | Public*)                                               7.088.504.700                     44,44              7.088.504.700                 44,44
 Saham Treasuri | Treasury Stock                                       166.515.100                      1,05                166.515.100                  1,05
 Jumlah | Total                                                     15.950.000.000                   100,00              15.950.000.000                100,00

Penerima manfaat akhir saham Perseroan adalah Ibu Rebecca Halim | The ultimate beneficiary owner of the Company’s shares is Ms. Rebecca Halim
*)
   Masing-masing di bawah 5% kepemilikan | Each under 5% ownership




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     Informasi Pemegang Saham
     SHAREHOLDERS INFORMATION




     Komposisi Pemegang Saham Berdasarkan Klasifikasi Per 31 Desember 2024
     Shareholders Composition Based on Classification as of December 31, 2024

                                                                                                                   Persentase Kepemilikan
                       Pemegang Saham                    Jumlah Pemegang Saham     Jumlah Saham (lembar)
                                                                                                                    Ownership Percentage
                         Shareholders                     Number of Shareholders   Number of Shares (shares)
                                                                                                                            (%)

      Pemegang Saham Domestik | Domestic Shareholders
      Perseorangan | Individuals                                          27.019                 1.220.341.232                        7,65
      Institusi | Institutions                                               202                11.026.271.236                       69.13
      Subjumlah | Subtotal                                                27.221                12.246.612.468                       76,78
      Pemegang Saham Asing | Foreign Shareholders
      Perseorangan | Individuals                                              24                     1.074.500                       0,007
      Institusi | Institutions                                               177                 3.702.313.032                       23,21
      Subjumlah | Subtotal                                                   201                 3.703.387.532                       23,22
      Jumlah | Total                                                      27.422                15.950.000.000                      100,00


     Kelompok Institusi Pemodal Nasional
     National Group of Institutional Investors

                                                                                                                   Persentase Kepemilikan
                         Jenis Institusi                 Jumlah Pemegang Saham     Jumlah Saham (lembar)
                                                                                                                    Ownership Percentage
                       Type of Institution                Number of Shareholders   Number of Shares (shares)
                                                                                                                            (%)

      Perseroan Terbatas | Limited Liability Companies                        54                 8.887.892.990                       55,72
      Reksa Dana | Mutual Funds                                               62                   558.334.346                        3,50
      Asuransi | Insurance                                                    48                   721.688.100                        4,52
      Yayasan | Foundations                                                   35                   857.042.600                        5,37
      Koperasi | Cooperatives                                                  3                     1.313.200                        0,01
      Lain-lain | Others                                                       -                               -                      0,00
      Jumlah | Total                                                         202                11.026.271.236                       69,13


     Kelompok Institusi Pemodal Asing
     Foreign Group of Institutional Investors

                                                                                                                   Persentase Kepemilikan
                         Jenis Institusi                 Jumlah Pemegang Saham     Jumlah Saham (lembar)
                                                                                                                    Ownership Percentage
                       Type of Institution                Number of Shareholders   Number of Shares (shares)
                                                                                                                            (%)

      Badan Usaha Asing | Foreign Entities                                   177                 3.702.313.032                       23,21
      Lain-lain | Others                                                       -                               -                      0,00
      Jumlah | Total                                                         177                 3.702.313.032                       23,21


     Pemodal Perseorangan
     Individual Investors

                                                                                                                   Persentase Kepemilikan
                       Pemegang Saham                    Jumlah Pemegang Saham     Jumlah Saham (lembar)
                                                                                                                    Ownership Percentage
                         Shareholders                     Number of Shareholders   Number of Shares (shares)
                                                                                                                            (%)

      Perseorangan Indonesia | Indonesian Individuals                     27.019                 1.220.341.232                        7,65
      Perseorangan Asing | Foreign Individuals                                24                     1.074.500                        0,01
      Jumlah | Total                                                      27.043                 1.221.415.732                        7,66




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KEPEMILIKAN SAHAM PERSEROAN OLEH                                                           THE COMPANY’S SHARES OWNERSHIP BY
ANGGOTA DIREKSI DAN ANGGOTA DEWAN                                                          MEMBER OF BOARD OF DIRECTORS AND
KOMISARIS PER 31 DESEMBER 2024                                                             MEMBER OF BOARD OF COMMISSIONERS AS OF
                                                                                           31 DECEMBER 2024

Kepemilikan Saham secara Langsung                                                          Direct Share Ownership
Pada tahun 2024 kepemilikan saham Perseroan secara                                         Pada tahun 2024 kepemilikan saham Perseroan secara
langsung oleh anggota Direksi dan Dewan Komisaris disajikan                                langsung oleh anggota Direksi dan Dewan Komisaris disajikan
dalam tabel berikut ini:                                                                   dalam tabel berikut ini:



                                                                                                               Jumlah Saham            Persentase
              Pemegang Saham                                                Jabatan                              (lembar)             Kepemilikan
                Shareholder                                                 Position                          Number of Shares     Ownership Percentage
                                                                                                                  (shares)                 (%)

     Dewan Komisaris | Board of Commissioners
     Ardy Hady Wijaya*)                          Komisaris Utama | President Commissioner                              6.269.800                     0,04
     Richard Halim Kusuma                        Komisaris | Commissioner                                              6.250.000                     0,04
     Andreas Harun Djumadi                       Komisaris | Commissioner                                              6.250.000                     0,04
     Direksi | Board of Directors
     Budiarto Halim                              Direktur Utama | President Director                                   6.250.000                     0,04
     Hasan Aula                                  Wakil Direktur Utama | Vice President Director                        6.250.000                     0,04
     Sintawati Halim                             Direktur | Director                                                   7.500.000                     0,05
     Sim Chee Ping                               Direktur | Director                                                   6.250.000                     0,04
     Djohan Sutanto                              Direktur | Director                                                     800.000                  0,001
     Elly Kohardjo*)                             Direktur | Director                                                   1.471.600                     0,01
     Keith Ardy Hady Wijaya*)                    Direktur | Director                                                     125.000                  0,001
     Jumlah | Total                                                                                                   47.416.400                     0,31
*)
      Telah mengundurkan diri dari posisinya dari Perseroan efektif pada tanggal 31 Januari 2025.
      Has resigned his position from the Company effective January 31, 2025.


Kepemilikan Saham Tidak Langsung                                                           Indirect Share Ownership
Tidak ada anggota Dewan Komisaris dan Direksi Perseroan                                    No member of the Board of Commissioners and Board of
yang mempunyai kepemilikan saham tidak langsung atas                                       Directors of the Company has indirect share ownership of the
Perseroan.                                                                                 Company.




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     Struktur Kepemilikan Perusahaan
     STRUCTURE OF COMPANY OWNERSHIP




                                                                                   Saham Treasuri                                          Publik 3)
     PT Eralink International
                                                                                   Treasury Stock                                          Public 3)
             54,51%
                                                                                      1,05%                                               44,44%



                                                                   Richard                          Andreas
                                                Ardy Hady
                                                                    Halim                             Harun
                                                 Wijaya 1)
                                                                  Kusuma 1)                         Djumadi 1)
                                                 0,04%
                                                                   0,04%                                0,04%




                                                                                                                                    Keith
                      Sintawati        Sim Chee           Djohan           Budiarto           Hasan          Joy
                                                                                                                        Elly 2)   Ardy Hady
                       Halim 2)          Ping 2)         Sutanto 2)        Halim 2)           Aula 2)      Wahyudi 2)
                                                                                                                        0,01%      Wijaya 2)
                       0,05%             0,04%            0,001%            0,04%             0,04%         0,04%
                                                                                                                                   0,001%




                                                                  PT Erajaya Swasembada Tbk




            1)
                 Anggota Dewan Komisaris | Member of the Board of Commissioner
            2)
                 Anggota Direksi | Member of the Board of Directors
            3)
                 Masing-masing di bawah 5% kepemilikan | Each under 5% ownership




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Informasi Pemegang Saham Pengendali
INFORMATION ON CONTROLLING SHAREHOLDERS




Pemegang saham pengendali dan perusahaan induk                  The controlling shareholder and the ultimate parent entity of
Perseroan adalah PT Eralink Internasional (“Eralink”) dengan    the Company is PT Eralink Internasional (“Eralink”) with 54.51%
kepemilikan saham sebesar 54.51%.                               share ownership.




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  Entitas Anak dan Entitas Afiliasi
  SUBSIDIARIES AND AFFILIATED ENTITIES




  Kepemilikan Langsung oleh Perseroan
  Direct Ownership by the Company

                                                                                                                                Total Aset
                                                                      Tahun        Status                         Bisnis           (dalam
         Nama Entitas               Bidang Usaha         Domisili     Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
         Name of Entity            Line of Business      Domicile    Operating   Operational     Ownership        Vertical      Total Assets
                                                                       Year        Status                        Business        (in million
                                                                                                                                     Rp)

      PT Erafone Artha        Ritel perangkat             Jakarta      2003       Beroperasi       99,82%     Erajaya Digital    5.544.124
      Retailindo (EAR)        telekomunikasi dan                                 In operation
                              aksesoris.
                              Retail of
                              telecommunication
                              devices and accessories.
      PT Sinar Eka Selaras    Distribusi perangkat        Jakarta      2011       Beroperasi       80,00%     Erajaya Active     2.298.875
      Tbk (SES)               telekomunikasi merek                               In operation                 & Lifestyle
                              Apple.
                              Apple brand
                              telecommunication
                              equipment distribution.
      PT Era Sukses Abadi     Properti                    Jakarta      2011       Beroperasi       99,99%     Supporting          587.898
      (ESA)1)                 Property                                           In operation                 Business
      PT Era Boga             Ritel food & beverages      Jakarta      2020       Beroperasi       99,99%     Erajaya             278.166
      Nusantara (EBN)         Food & beverages retail                            In operation                 Foods &
                                                                                                              Nourishment
      PT Era Prima            Distributor                 Jakarta      2017       Beroperasi       99,99%     Erajaya Beauty      106.185
      Indonesia (EPI)         Distributor                                        In operation                 & Wellness
      PT Azec Indonesia       Penyediaan konsultasi       Jakarta      2001       Beroperasi       99,99%     Supporting            39.792
      Management Services     manajemen. Teknologi,                              In operation                 Business
      (AIMS)                  dan jasa outsourcing.
                              Management consulting,
                              technology, and
                              outsourcing services.
      Erajaya Holding Pte     Grosir                     Singapura     2018       Beroperasi      100,00%     International       393.336
      Ltd (EH)                Wholesale                  Singapore               In operation                 Business
      PT Indonesia Orisinil   Distributor                 Jakarta      2018        Tidak           99,99%     Supporting             1.197
      Teknologi (IOT)         Distributor                                        Beroperasi                   Business
                                                                                  Inactive




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Kepemilikan Tidak Langsung melalui PT Erafone Artha Retailindo (EAR)
Indirect Ownership through PT Erafone Artha Retailindo (EAR)

                                                                                                                           Total Aset
                                                                 Tahun        Status                         Bisnis           (dalam
   Nama Entitas               Bidang Usaha           Domisili    Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
   Name of Entity            Line of Business        Domicile   Operating   Operational     Ownership        Vertical      Total Assets
                                                                  Year        Status                        Business        (in million
                                                                                                                                Rp)

PT Teletama Artha       Distribusi perangkat         Jakarta      2005       Beroperasi       99,99%     Erajaya Digital    4.059.604
Mandiri (TAM)           telekomunikasi.                                     In operation
                        Distribution of
                        telecommunication
                        devices.
PT Data Citra Mandiri   Apple premium reseller       Jakarta      2004       Beroperasi       99,99%     Erajaya Digital    2.621.496
(DCM)                   terkemuka di Indonesia                              In operation
                        yang mengkhususkan diri
                        dalam berbagai produk
                        Apple (Mac, iPad, iPhone,
                        iWatch, iPod,
                        dan Apple TV),
                        software, aksesoris, dan
                        perlengkapan lain.
                        A leading Apple premium
                        reseller in Indonesia.
                        specializing in various
                        Apple products (Mac,
                        iPad, iPhone, iWatch,
                        iPod, and Apple TV),
                        software, accessories, and
                        other equipment.
PT Nusa Abadi Sukses    Ritel perangkat              Jakarta      2017       Beroperasi       99,99%     Erajaya Digital     583.432
Artha (NASA)            telekomunikasi dan                                  In operation
                        aksesoris di Indonesia
                        khusus produk merek
                        Samsung.
                        Retail of
                        telecommunications
                        equipment and
                        accessories in Indonesia
                        specifically for Samsung
                        brand products.
PT Prakarsa Prima       Penyediaan akses             Jakarta      2010       Beroperasi       80,00%     Erajaya Digital     105.657
Sentosa (PPS)           “electronic gateway”                                In operation
                        untuk voucher elektronik
                        dari berbagai macam
                        perusahaan seperti
                        operator telekomunikasi,
                        PLN, dan game online.
                        Provision of “electronic
                        gateway” access for
                        electronic vouchers from
                        various companies such
                        as telecommunication
                        operators, PLN, and
                        online games.
PT Mandiri Sinergi      Ritel                        Jakarta      2011       Beroperasi       99,99%     Erajaya Digital        7.298
Niaga (MSN)             Retail                                              In operation
PT Prima Pesona         Distributor                  Jakarta      2010       Beroperasi       99,99%     Erajaya Digital        6.105
Prakarsa (PPP)          Distributor                                         In operation
PT Citra Kreativa       Ritel                        Jakarta      2012        Tidak           77,06%     Erajaya Digital          593
Inovasi (CKI)           Retail                                              Beroperasi
                                                                             Inactive




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  Entitas Anak dan Entitas Afiliasi
  SUBSIDIARIES AND AFFILIATED ENTITIES




  Kepemilikan Tidak Langsung melalui PT Mandiri Sinergi Niaga (MSN)
  Indirect Ownership through PT Mandiri Sinergi Niaga (MSN)

                                                                                                                                                      Total Aset
                                                                               Tahun            Status                                Bisnis             (dalam
         Nama Entitas                 Bidang Usaha              Domisili       Operasi         Operasi          Kepemilikan          Vertikal           juta Rp)
         Name of Entity              Line of Business           Domicile      Operating       Operational        Ownership            Vertical        Total Assets
                                                                                Year            Status                               Business          (in million
                                                                                                                                                           Rp)

      PT Multi Media            Distributor perlengkapan         Jakarta         2004          Beroperasi           99,60%        Erajaya Digital        105.657
      Selular (MMS)             rumah tangga                                                  In operation
                                lainnya, dan peralatan
                                telekomunikasi.
                                Distributor of other
                                household supplies
                                and telecommunication
                                equipment.
      PT Data Media             Ritel                            Jakarta         2003          Beroperasi           98,00%        Erajaya Digital        105.657
      Telekomunikasi            Retail                                                        In operation
      (DMT)



  Kepemilikan Tidak Langsung melalui PT Era Prima Indonesia (EPI)
  Indirect Ownership through PT Era Prima Indonesia (EPI)

                                                                                                                                                      Total Aset
                                                                               Tahun            Status                                Bisnis             (dalam
         Nama Entitas                 Bidang Usaha              Domisili       Operasi         Operasi          Kepemilikan          Vertikal           juta Rp)
         Name of Entity              Line of Business           Domicile      Operating       Operational        Ownership            Vertical        Total Assets
                                                                                Year            Status                               Business          (in million
                                                                                                                                                           Rp)

      PT Nusa Gemilang          Distribusi & retail produk       Jakarta         2006          Beroperasi           99,99%        Erajaya Beauty       105.657
      Abadi (NGA)               perawatan kulit dan                                           In operation                        & Wellness
                                kecantikan.
                                Distribution & retail of
                                skin care and beauty
                                products.
      PT Jagad Utama            Distribusi perangkat             Jakarta         2019           Tidak               85,00%        Erajaya Beauty          3.974
      Lestari (JUL)             e-cigarretes merek JUUL.                                      Beroperasi                          & Wellness
                                Distribution of JUUL-                                          Inactive
                                brand e-cigarettes
                                accessories.
      PT Era Prima Medika       Distributor                      Jakarta         2020          Beroperasi           99,86%        Erajaya Beauty         35.325
      (EPM)                     Distributor                                                   In operation                        & Wellness
      PT Surya Andra            Distribusi peralatan medis       Jakarta         2017          Beroperasi                  -      Erajaya Beauty               -
      Medicalindo (SAM)2)       Medical equipment                                             In operation                        & Wellness
                                distribution
      PT Urogen Advanced        Bidang distribusi                Jakarta         2017          Beroperasi                  -      Erajaya Beauty               -`
      Solutions (UAS)3)         peralatan medis                                               In operation                        & Wellness
                                Medical equipment
                                distribution

  1)    Sampai dengan tanggal tanggal 22 Agustus 2024, kepemilikan langsung Perusahaan sebesar 46,93% dan kepemilikan tidak langsung melalui EAR, TAM dan DCM masing-
        masing sebesar 23,99%, 21,27% dan 7,8%.
        Until 22 August 2024, the direct ownership by the Company of 46.93% and indirect ownership through EAR, TAM and DCM of 23.99%, 21.27% and 7.8%, respectively.
  2)    Sampai dengan tanggal 26 Maret 2024, kepemilikan tidak langsung melalui EPI sebesar 55,04%.
        Until 26 March 2024, indirect ownership through EPI of 55.04%.
  3)    Sampai dengan tanggal 26 Maret 2024, kepemilikan tidak langsung melalui EPI sebesar 55,00%.
        Until 26 March 2024, indirect ownership through EPI of 55.00%.




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Kepemilikan Tidak Langsung melalui CG Computers Sdn. Bhd. (CG)
Indirect Ownership through CG Computers Sdn. Bhd. (CG)

                                                                                                                         Total Aset
                                                               Tahun        Status                         Bisnis           (dalam
   Nama Entitas               Bidang Usaha         Domisili    Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
   Name of Entity            Line of Business      Domicile   Operating   Operational     Ownership        Vertical      Total Assets
                                                                Year        Status                        Business        (in million
                                                                                                                              Rp)

Erafone Retails         Ritel perangkat            Malaysia     2012       Beroperasi      100,00%     International       236.861
Malaysia Sdn. Bhd.      telekomunikasi.                                   In operation                 business
                        Retail of communication
                        equipment.
Switch Concept Sdn.     Ritel perangkat            Malaysia     2007       Beroperasi      100,00%     International        34.817
Bhd.                    telekomunikasi.                                   In operation                 business
                        Retail of communication
                        equipment.
Urban Republic Sdn.     Ritel perangkat            Malaysia     2013       Beroperasi      100,00%     International        20.450
Bhd                     telekomunikasi.                                   In operation                 business
                        Retail of communication
                        equipment.
ENB Mobile Malaysia                                Malaysia     2023       Beroperasi       60,00%                          51.581
Sdn. Bhd.                                                                 In operation
Switch Malaysia Sdn.    Ritel                      Malaysia     2021       Beroperasi      100,00%     International        11.613
Bhd.                    Retail                                            In operation                 business
JKK Software Sdn.       Penyedia layanan           Malaysia     2014       Beroperasi       80,00%     International            28
Bhd.                    perangkat lunak dan                               In operation                 business
                        teknologi informasi.
                        Software and information
                        technology service
                        provider.
Pomelo Tech Sdn.        Penyedia layanan           Malaysia     2014       Beroperasi      100,00%     International            28
Bhd. d/h JKK Software   perangkat lunak dan                               In operation                 business
Sdn. Bhd.               teknologi informasi.
                        Software and information
                        technology service
                        provider.
Techero Sdn. Bhd.       Penyedia layanan           Malaysia     2017       Beroperasi      100,00%     International           759
(Techero)               perangkat lunak dan                               In operation                 business
                        teknologi informasi.
                        Software and information
                        technology service
                        provider.



Kepemilikan Tidak Langsung melalui PT Prima Pesona Prakarsa (PPP)
Indirect Ownership through PT Prima Pesona Prakarsa (PPP)

                                                                                                                         Total Aset
                                                               Tahun        Status                         Bisnis           (dalam
   Nama Entitas               Bidang Usaha         Domisili    Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
   Name of Entity            Line of Business      Domicile   Operating   Operational     Ownership        Vertical      Total Assets
                                                                Year        Status                        Business        (in million
                                                                                                                              Rp)

PT Satera Manajemen     Distributor                Jakarta      2017       Beroperasi       50,40%     Erajaya Digital             -
Persada Indonesia       Distributor                                       In operation
(SMPI)




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  Entitas Anak dan Entitas Afiliasi
  SUBSIDIARIES AND AFFILIATED ENTITIES




  Kepemilikan Tidak Langsung melalui PT Era Boga Nusantara (EBN)
  Indirect Ownership through PT Era Boga Nusantara (EBN)

                                                                                                                                  Total Aset
                                                                          Tahun        Status                         Bisnis         (dalam
         Nama Entitas                 Bidang Usaha           Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
         Name of Entity              Line of Business        Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                           Year        Status                        Business      (in million
                                                                                                                                       Rp)

      PT Mitra Belanja          Ritel                         Jakarta      2020       Beroperasi       51,00%     Erajaya          766.246
      Anda (MBA)                Retail                                               In operation                 Foods &
                                                                                                                  Nourishment
      PT Era Boga               Distribusi produk food        Jakarta      2021       Beroperasi       70,00%     Erajaya          133.307
      Patiserindo (EBP)         & beverages merek Paris                              In operation                 Foods &
                                Baguette.                                                                         Nourishment
                                Distribution of Paris
                                Baguettebrand food &
                                beverages products.
      Eravest Holding Pte       Subholding                   Singapura     2020       Beroperasi      100,00%     Erajaya           75.859
      Ltd (EVH)                 Subholding                   Singapore               In operation                 Foods &
                                                                                                                  Nourishment
                                Ritel (BACHA Coffee)          Jakarta      2023       Beroperasi       70,00%     Erajaya          108.248
      PT era Kopi anda          Retail (BACHA Coffee)                                In operation                 Foods &
                                                                                                                  Nourishment
      PT Era Boga Kari          Ritel (Curry up)              Jakarta      2023       Beroperasi       70,00%     Erajaya           11.784
      (EBK)                     Ritail (Curry up)                                    In operation                 Foods &
                                                                                                                  Nourishment
      PT Era Boga Pretzel       Ritel, Restoran (Wetzel       Jakarta      2023       Beroperasi       99,99%     Erajaya           12.413
      (EBZ)                     Pretzel)                                             In operation                 Foods &
                                Retail, restaurant (Wetzel                                                        Nourishment
                                Pretzel)




  Kepemilikan Tidak Langsung melalui Erajaya Holding Pte. Ltd. (EH)
  Indirect Ownership through Erajaya Holding Pte. Ltd. (EH)

                                                                                                                                  Total Aset
                                                                          Tahun        Status                         Bisnis         (dalam
         Nama Entitas                 Bidang Usaha           Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
         Name of Entity              Line of Business        Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                           Year        Status                        Business      (in million
                                                                                                                                       Rp)

      Erajaya Digital Pte Ltd   Subholding                   Singapura     2021       Beroperasi      100,00%     International    861.864
      (ERDI)                    Subholding                   Singapore               In operation                 business
      Eraspace Pte Ltd          Subholding dan IT Service    Singapura     2021       Beroperasi       65,00%     International     39.899
      (ERASPACE)                Subholding and IT Service    Singapore               In operation                 business
      Era Property Holding      Subholding                   Singapura     2020       Beroperasi       50,00%     International    126.245
      Pte. Ltd. (EPH)           Subholding                   Singapore               In operation                 business




  Kepemilikan Tidak Langsung melalui Eraspace Pte. Ltd.
  Indirect Ownership through Eraspace Pte. Ltd.

                                                                                                                                  Total Aset
                                                                          Tahun        Status                         Bisnis         (dalam
         Nama Entitas                 Bidang Usaha           Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
         Name of Entity              Line of Business        Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                           Year        Status                        Business      (in million
                                                                                                                                       Rp)

      PT Erafone Dotcom         Situs Belanja Online          Jakarta      2009       Beroperasi       98,49%     International    283.524
      (EDC)                     Online Shopping Sites                                In operation                 business




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Kepemilikan Tidak Langsung melalui PT Sinar Eka Selaras Tbk (SES)
Indirect Ownership Through PT Sinar Eka Selaras Tbk (SES)

                                                                                                                                                        Total Aset
                                                                              Tahun             Status                                  Bisnis             (dalam
      Nama Entitas                  Bidang Usaha               Domisili       Operasi          Operasi           Kepemilikan           Vertikal           juta Rp)
      Name of Entity               Line of Business            Domicile      Operating        Operational         Ownership             Vertical        Total Assets
                                                                               Year             Status                                 Business          (in million
                                                                                                                                                             Rp)

 PT Mitra International      Ritel alat telekomunikasi          Jakarta         2017           Beroperasi            99,99%        Erajaya Active         604.119
 Indonesia (MII)             (Urban Republic)                                                 In operation                         & Lifestyle
                             Telecommunication
                             equipment retail (Urban
                             Republic).
 PT Era Aktif Indonesia      Ritel alas kaki (Asics)            Jakarta         2022           Beroperasi            99,97%        Erajaya Active           94.761
 (EAI)                       Footwear retail (Asics)                                          In operation                         & Lifestyle
 PT Sinar Era Aktif          Ritel alat selam &                 Jakarta         2022           Beroperasi            99,96%        Erajaya Active           19.262
 (SEA)                       perlengkapan olah raga                                           In operation                         & Lifestyle
                             lainnya (Urban Adventure)
                             Diving & other sporting
                             goods retail (Urban
                             Adventure)
 PT Era Gaya                 Perdagangan eceran                 Jakarta         2023           Beroperasi            99,99%        Erajaya Active         208.304
 Indonesia (EGI)             pakaian                                                          In operation                         & Lifestyle
                             Retail of clothing
 PT Era Gaya Distribusi      Perdangan besar pakaian            Jakarta         2023           Beroperasi            99,99%        Erajaya Active            3.474
 (EGD)                       Wholesale of clothing                                            In operation                         & Lifestyle
 PT Era Aktif Distribusi     Perdangan besar pakaian            Jakarta         2023           Beroperasi            99,99%        Erajaya Active            4.940
 d/h PT Master Selam         Wholesale of clothing                                            In operation                         & Lifestyle
 Nusantara (EAD)
 PT JDSports Fashion         Perdangan besar pakaian            Jakarta         2022           Beroperasi          100,00%         Erajaya Active           94.457
 Distribution (JDFD)4)       Wholesale of clothing                                            In operation                         & Lifestyle
 PT Era Gaya Aktif d/h       Perdagangan eceran                 Jakarta         2022           Beroperasi          100,00%         Erajaya Active         384.510
 PT JDSports Fashion         perlengkapan olahraga                                            In operation                         & Lifestyle
 Indonesia (EGA)5)           Retail of sports
                             equipment
 PT Era Industri             Distribusi kendaraan               Jakarta         2024           Beroperasi            99,99%        Erajaya Active           10.005
 Otomotif (EIVO)             bermotor roda empat                                              In operation                         & Lifestyle
                             Distribution of four-
                             wheeled motor
                             vehicles
 PT Era Industri             Perakitan kendaraan                Jakarta         2024           Beroperasi            99,99%        Erajaya Active           10.005
 Otomotif (EIDO)             bermotor roda empat                                              In operation                         & Lifestyle
                             dan industri baterai untuk
                             kendaraan listrik
                             Assembly of fourwheeled
                             motor vehicles and
                             battery industry for
                             electric vehicles
 PT Aero Inovasi             Jasa penyewaan drone               Jakarta         2024           Beroperasi            51,00%        Erajaya Active           35.000
 Media (AIMN)                Drone rental services                                            In operation                         & Lifestyle
 PT Era Mode                 Perdangan besar pakaian            Jakarta         2022           Beroperasi            99,00%        Erajaya Active              100
 Indonesia (EMI)             Wholesale of clothing                                            In operation                         & Lifestyle
 PT Era Gaya Selaras         Perdangan besar pakaian            Jakarta         2024           Beroperasi            99,00%        Erajaya Active              100
 (EGS)                       Wholesale of clothing                                            In operation                         & Lifestyle
 PT Era Busana               Perdangan besar pakaian            Jakarta         2024           Beroperasi            99,00%        Erajaya Active              100
 Indonesia (EBI)             Wholesale of clothing                                            In operation                         & Lifestyle

4)   Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui EGA sebesar
     0,01%, sebelumnya kepemilikan tidak langsung Perusahaan melalui SES 51% dan JD Sports Fashion Plc., pihak ketiga, sebesar 49%.
     Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership by EGA of 0.01%, previously indirect
     ownership through SES by the Company of 51% and JD Sports Fashion Plc., third party by 49%.
5)   Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui JDFD sebesar
     0,01%, sebelumnya kepemilikan tidak langsung Perusahaan melalui SES 49% dan JD Sports Fashion Plc., pihak ketiga, sebesar 51%.
     Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership by JDFD of 0.01%, previously indirect
     ownership through SES by the Company of 49% and JD Sports Fashion Plc., third party by 51%.




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  Entitas Anak dan Entitas Afiliasi
  SUBSIDIARIES AND AFFILIATED ENTITIES




  Kepemilikan Tidak Langsung melalui PT Teletama Artha Mandiri (TAM)
  Indirect Ownership Through PT Teletama Artha Mandiri (TAM)

                                                                                                                                  Total Aset
                                                                        Tahun        Status                         Bisnis           (dalam
         Nama Entitas               Bidang Usaha           Domisili     Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
         Name of Entity            Line of Business        Domicile    Operating   Operational     Ownership        Vertical      Total Assets
                                                                         Year        Status                        Business        (in million
                                                                                                                                       Rp)

      PT Nusa Abadi Sukses     Distributor alat             Jakarta      2021       Beroperasi       99,99%     Erajaya DIgital     220.025
      Artha Distribusi         telekomunikasi dan                                  In operation
      Indonesia (NASAD)        perlengkapan alat rumah
                               tangga lainnya.
                               Distributor of
                               telecommunication
                               equipment and other
                               household equipment.
      PT Mitra Internasional   Distributor alat             Jakarta      2021       Beroperasi       99,99%     Erajaya DIgital     170.164
      Indonesia Distribusi     telekomunikasi dan                                  In operation
      (MIID)                   perlengkapan alat rumah
                               tangga lainnya.
                               Distributor of
                               telecommunication
                               equipment and other
                               household equipment.



  Kepemilikan Tidak Langsung melalui Erajaya Digital Pte. Ltd. (ERDI)
  Indirect Ownership through Erajaya Digital Pte. Ltd. (ERDI)

                                                                                                                                  Total Aset
                                                                        Tahun        Status                         Bisnis           (dalam
         Nama Entitas               Bidang Usaha           Domisili     Operasi     Operasi       Kepemilikan      Vertikal         juta Rp)
         Name of Entity            Line of Business        Domicile    Operating   Operational     Ownership        Vertical      Total Assets
                                                                         Year        Status                        Business        (in million
                                                                                                                                       Rp)

      CG Computers Sdn.        Perangkat selular, produk   Malaysia      1995       Beroperasi       60,00%     International      2.152.945
      Bhd. (CG)                teknologi informasi serta                           In operation                 business
                               produk aksesoris milik
                               Apple.
                               Apple’s mobile devices,
                               information technology
                               products, and accessory
                               products.
      Era International        Penyedia perangkat          Malaysia      2015       Beroperasi       95,00%     International       215.678
      Network Sdn. Bhd.        selular, produk aksesoris                           In operation                 business
      (EIM)                    layanan prepaid,
                               post-paid, dan internet
                               broadband.
                               Provider of mobile
                               devices, accessories
                               products, prepaid,
                               postpaid, and broadband
                               internet services.
      Era International        Penyedia perangkat          Singapura     2015       Beroperasi       95,00%     International       235.441
      Network Pte. Ltd.        selular, produk aksesoris   Singapore               In operation                 business
      (EIS)                    layanan prepaid,
                               post-paid, dan internet
                               broadband.
                               Provider of mobile
                               devices, accessories
                               products, prepaid,
                               postpaid, and broadband
                               internet services.




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                                                                                                                            Total Aset
                                                                    Tahun        Status                         Bisnis         (dalam
   Nama Entitas                Bidang Usaha            Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
   Name of Entity             Line of Business         Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                     Year        Status                        Business      (in million
                                                                                                                                 Rp)

Venturistic Mobile       Ritel                         Malaysia      2022       Beroperasi       98,88%     International     138.246
Network Sdn. Bhd.        Retail                                                In operation                 business
(VMN)
Erajaya Digital Retail   Penjualan eceran              Singapura     2021       Beroperasi       60,00%     International     126.368
Pte. Ltd (EDR)           telepon genggam dan           Singapore               In operation                 business
                         peralatan periferal (bisnis
                         internasional).
                         Retail sale of handphones
                         and peripheral equipment
                         (business international).
Erajaya Swasembada       Penjualan eceran              Singapura     2018       Beroperasi      100,00%     International     129.071
Pte. Ltd. (ESS)          telepon genggam dan           Singapore               In operation                 business
                         peralatan periferal (bisnis
                         internasional).
                         Retail sale of handphones
                         and peripheral equipment
                         (business international).
CG Computers Sdn.        Perangkat selular, produk     Malaysia      1995       Beroperasi       60,00%     International    2.152.945
Bhd. (CG)                teknologi informasi serta                             In operation                 business
                         produk aksesoris milik
                         Apple.
                         Apple’s mobile devices,
                         information technology
                         products, and accessory
                         products.
Era Tech                 Grosir telepon genggam,       Singapura     2022       Beroperasi       99,00%     International       19.306
Communication Pte.       peralatan periferal           Singapore               In operation                 business
Ltd. (ETC)               telepon genggam dan
                         peralatan telekomunikasi
                         Lainnya (merek "tidak
                         ada").
                         Wholesale of
                         handphones, handphone
                         peripheral equipment and
                         other telecommunications
                         equipment (brand
                         "none").



Kepemilikan Tidak Langsung Melalui PT Mitra Belanja Anda (MBA)
Indirect Ownership Through PT Mitra Belanja Anda (MBA)

                                                                                                                            Total Aset
                                                                    Tahun        Status                         Bisnis         (dalam
   Nama Entitas                Bidang Usaha            Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
   Name of Entity             Line of Business         Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                     Year        Status                        Business      (in million
                                                                                                                                 Rp)

PT Mitra Belanja Halal   Ritel                          Jakarta      2023       Beroperasi       90,00%     Erajaya            9.840
(MBH)                    Retail                                                In operation                 Foods &
                                                                                                            Nourishment



Kepemilikan Tidak Langsung Melalui PT Era Kopi Anda (EKA)
Indirect Ownership Through PT Era Kopi Anda (EKA)

                                                                                                                            Total Aset
                                                                    Tahun        Status                         Bisnis         (dalam
   Nama Entitas                Bidang Usaha            Domisili     Operasi     Operasi       Kepemilikan      Vertikal       juta Rp)
   Name of Entity             Line of Business         Domicile    Operating   Operational     Ownership        Vertical    Total Assets
                                                                     Year        Status                        Business      (in million
                                                                                                                                 Rp)

PT Era Maju Terus        Distributor produk             Jakarta      2023       Beroperasi       99,99%     Erajaya           22.141
(EMT)                    beverages merek Bacha                                 In operation                 Foods &
                         Coffee                                                                             Nourishment
                         Distributor of Bacha
                         Coffee brand beverages



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            Company Profile




  Perusahaan Asosiasi
  ASSOCIATED COMPANIES




  Kepemilikan Minoritas oleh PT Erajaya Swasembada Tbk
  Minority Ownership by PT Erajaya Swasembada Tbk

                                                                                                                           Total Aset
                                                                                   Tahun        Status                        (dalam
         Nama Entitas                      Bidang Usaha                Domisili    Operasi     Operasi       Kepemilikan     juta Rp)
         Name of Entity                   Line of Business             Domicile   Operating   Operational     Ownership    Total Assets
                                                                                    Year        Status                      (in million
                                                                                                                                Rp)

      PT Mega Mulia          Perdagangan alat telekomunikasi.          Jakarta      2004       Beroperasi         30%             366
      Servindo (MMS)         Trade in telecommunication equipment.                            In operation



  Kepemilikan Minoritas dibawah EAR
  Minority Ownership by EAR

                                                                                                                           Total Aset
                                                                                   Tahun        Status                        (dalam
         Nama Entitas                      Bidang Usaha                Domisili    Operasi     Operasi       Kepemilikan     juta Rp)
         Name of Entity                   Line of Business             Domicile   Operating   Operational     Ownership    Total Assets
                                                                                    Year        Status                      (in million
                                                                                                                                Rp)

      PT Bolttech Device     Proteksi perangkat alat telekomunikasi.   Jakarta      2016       Beroperasi       24,00%       264.793
      Protection Indonesia   Protection of telecommunication                                  In operation
      (BDPI)                 equipment.



  Kepemilikan Minoritas oleh Eravest Holding Pte. Ltd.
  Minority Ownership by Eravest Holding Pte. Ltd.

                                                                                                                           Total Aset
                                                                                   Tahun        Status                        (dalam
         Nama Entitas                      Bidang Usaha                Domisili    Operasi     Operasi       Kepemilikan     juta Rp)
         Name of Entity                   Line of Business             Domicile   Operating   Operational     Ownership    Total Assets
                                                                                    Year        Status                      (in million
                                                                                                                                Rp)

      PT Sushi-Tei           Restoran dan perdagangan makanan dan      Jakarta      2004       Beroperasi       20,00%       254.426
      Indonesia              minuman.                                                         In operation
                             Restaurant and food and beverage trade.




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Kronologi Pencatatan Saham
CHRONOLOGY OF SHARE LISTING




                                                                                         Perubahan Jumlah Saham
                                                                                       Changes in the Number of Shares
                                                                                Sebelum                                 Setelah
   Tanggal                                    Modal Dasar (Rp)
                        Keterangan                                               Before                                  After
 Pencatatan                                   Authorized Capital
                        Description
 Listing Date                                        (Rp)          Jumlah Saham                           Jumlah Saham
                                                                      (lembar)            Nominal            (lembar)             Nominal
                                                                     Number of              (Rp)            Number of               (Rp)
                                                                   Shares (shares)                        Shares (shares)

9 Mei 1990       Pendirian                           20.000.000                  -                    -             5.000            5.000.000
May 9, 1990      Establishment
12 April 1997    Peningkatan Modal Dasar,         3.800.000.000              5.000           5.000.000          1.000.000         1.000.000.000
April 12, 1997   dan Modal Ditempatkan
                 dan Disetor
                 Additional Authorized
                 Capital, Shares Issued,
                 and Fully Paid Capital.
25 Oktober       Peningkatan Modal                3.800.000.000          1.000.000        1.000.000.000         2.000.000         2.000.000.000
1999             ditempatkan dan Disetor
October 25,      Additional Shares Issued
1999             and Fully Paid Capital.
17 Desember      Peningkatan Modal Dasar,     1.000.000.000.000          2.000.000        2.000.000.000          500.000     500.000.000.000
2009             dan Modal Ditempatkan
December 17,     dan Disetor, serta
2009             Perubahan Nilai Nominal
                 Saham dari Rp1.000
                 menjadi Rp1.000.000 per
                 saham
                 Additional Authorized
                 Capital, Issued and Fully
                 Paid Capital, and Change
                 of Nominal Value of
                 Shares from Rp1,000 per
                 share to Rp1,000,000 per
                 share
3 Agustus        Peningkatan Modal Dasar,     3.900.000.000.000           500.000     500.000.000.000       1.980.000.000    990.000.000.000
2011             dan Modal Ditempatkan
August 3,        dan Disetor, serta
2011             Pemecahan Nilai Nominal
                 Saham dari Rp1.000.000
                 menjadi Rp500 per saham
                 Additional Shares Issued
                 and Fully Paid, and Stock
                 Split from Rp1,000,000
                 per share to Rp500 per
                 share
14 Desember      Penawaran Umum               3.900.000.000.000      1.980.000.000    990.000.000.000       2.900.000.000   1.450.000.000.000
2011             Perdana (“IPO”).
December 14,     Peningkatan Modal Dasar,
2011             dan Modal Ditempatkan
                 dan Disetor
                 Initial Public Offering
                 (“IPO”). Additional Shares
                 Issued and Fully Paid.
8 Mei 2018       Penambahan Modal             3.900.000.000.000      2.900.000.000   1.450.000.000.000      3.190.000.000   1.595.000.000.000
May 8, 2018      Tanpa Hak Memesan Efek
                 Terlebih Dahulu
                 Right Issue Without
                 Preemptive Rights
31 Maret         Stock Split                  3.900.000.000.000      3.190.000.000   1.595.000.000.000    15.950.000.000    1.595.000.000.000
2021
March 13,
2021




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      Informasi Obligasi, Sukuk, dan/atau
      Obligasi Konversi
      INFORMATION ON BONDS, SUKUK, AND/OR CONVERTIBLE BONDS


      Perseroan tidak mengeluarkan obligasi, sukuk, dan/atau                The Company does not issue bonds, sukuk, and/or convertible
      obligasi konversi.                                                    bonds.




      Informasi Kantor Akuntan Publik
      INFORMATION ON PUBLIC ACCOUNTING FIRM




      Kantor Akuntan Publik                    Tanubrata Sutanto Fahmi Bambang & Rekan
      Public Accounting Firm

      Akuntan Publik                           Sutomo, SE, Ak, MM, CPA, CA, SAS
      Public Accountant

      Alamat                                   Prudential Tower,
      Address                                  lantai 17|17th floor
                                               Jl. Jend. Sudirman Kav. 79
                                               Jakarta 12910 - Indonesia

      Objek Audit                              Laporan Keuangan Konsolidasian Perseroan dan Entitas Anak untuk tahun buku 2024.
      Audit Object                             The Company and Subsidiaries’ Consolidated Financial Statements for financial year 2024.

      Biaya Audit                              Rp4.380 juta | million
      Audit Fee

      Periode Penugasan                        Periode penugasan Akuntan Publik Sutomo, SE, Ak, MM, CPA, CA, SAS adalah periode pertama.
      Assignment Period                        The assignment period for Public Accountant Sutomo, SE, Ak, MM, CPA, CA, SAS is the first
                                               period.

      Jasa profesional lainnya                 KAP Tanubrata Sutanto Fahmi Bambang & Rekan tidak memberikan jasa lain kepada Perseroan
      Other professional services              di luar jasa audit laporan keuangan.
                                               Public Accouting Firm Tanubrata Sutanto Fahmi Bambang & Rekan did not provide other
                                               services to the Company other than audit on the financial statements.




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Nama dan Alamat Lembaga dan/atau Profesi
Penunjang
NAME AND ADDRESS OF INSTITUTIONS AND/OR SUPPORTING PROFESSIONS



               Nama dan Alamat                                        Jasa                            Periode Penugasan
               Name and Address                                     Services                           Assignment Period

PT Raya Saham Registra                       Memberikan jasa pemeliharaan data dan                          2024
                                             penyelenggaraan Rapat Umum Pemegang Saham.
Biro Administrasi Efek | Share Registrar     Provides data maintenance service and General Meetings
                                             of Shareholders arrangement.
Gedung Plaza Sentral. lantai 2
Jl. Jenderal Sudirman Kav. 47-48
Jakarta 12930. Indonesia
Tel : +62 21 252 5666
Fax : +62 21 252 5028
R.M. Dendy Soebangil. SH., M.Kn.             Memberikan jasa pembuatan Akta Berita Acara Rapat              2024
                                             Umum Pemegang Saham Tahunan dan Luar Biasa
Notaris | Notary                             Perseroan.
                                             Provide services for making the Deed of Minutes of the
Gedung Masterindo. Lantai 1 Unit B           Company’s Annual General and Extraordinary Meeting of
Jl. Terogong Raya No. 100B. Cilandak Barat   Shareholders.
Jakarta Selatan 12430. Indonesia
Email: notarisppatdendysubangil@gmail.com




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     ANA L I S I S &
     PEMBA HA S    AN
     MANA JE ME N
     Management Discussion
     & Analysis




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      Analisis & Pembahasan Manajemen
         Management Discussion & Analysis




      Tinjauan Makroekonomi
      MACROECONOMIC REVIEW




                                “Tahun 2024 ditandai dengan
                                ketahanan ekonomi Indonesia yang
                                tetap terjaga di tengah dinamika
                                global. Pertumbuhan ekonomi nasional
                                yang stabil dan pelaksanaan Pemilu
                                2024 yang berlangsung aman dan
                                kondusif turut menciptakan sentimen
                                positif bagi dunia usaha, mendorong
                                kepercayaan investor dan pelaku
                                industri.”

                                “The year 2024 was marked by Indonesia’s continued
                                economic resilience amid global dynamics. Stable
                                national economic growth and the peaceful, orderly
                                execution of the 2024 General Election helped create
                                a positive sentiment for the business environment,
                                boosting investor and industry confidence.”




                                5,03 1,57                      %                                          %
                                Pertumbuhan ekonomi                      Tingkat inflasi tahunan pada
                                Indonesia tahun 2024, sedikit            akhir tahun 2024, lebih
                                melambat dibandingkan                    rendah dibandingkan 2,61%
                                capaian tahun 2023 sebesar               pada akhir tahun 2023.
                                5,05%.
                                                                         Annual inflation rate at the end of
                                Indonesia’s economic growth in 2024,     2024, lower from 2,61% at the end
                                slighty lower than 5.05% recorded in     of 2023.
                                2023.




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                                                                                       Analisis & Pembahasan Manajemen
                                                                                       Management Discussion & Analysis




KONDISI EKONOMI GLOBAL DAN DOMESTIK                             GLOBAL AND DOMESTIC ECONOMIC
TAHUN 2024                                                      CONDITIONS IN 2024
International Monetary Fund (IMF) dalam laporan World           The International Monetary Fund (IMF), in its World Economic
Economic Outlook Oktober 2023 meramalkan ekonomi global         Outlook published in October 2023, forecasted the global
tahun 2024 sebagai “is expected to continue moving at a slow    economy in 2024 as “expected to continue moving at a slow
pace rather than experiencing rapid growth, with increasing     pace rather than experiencing rapid growth, with increasing
divergences across regions”. Banyak negara masih menghadapi     divergences across regions”. Many countries continued to face
dampak jangka panjang dari perang dagang, volatilitas harga     the lingering effects of trade wars, volatility in food and energy
pangan dan energi, konflik di Ukraina dan Timur Tengah,         prices, ongoing conflicts in Ukraine and the Middle East,
masalah perubahan iklim, dan inflasi yang tinggi.               climate change issues, and persistently high inflation.


Secara keseluruhan, hingga akhir tahun 2024 ekonomi global      Overall, the global economy experienced a slowdown in 2024
mengalami perlambatan dibandingkan tahun sebelumnya             compared to the previous year, although outcomes were
walaupun lebih baik dari proyeksi awal. Menurut laporan         better than initially projected. According to the latest World
World Bank terbaru, pertumbuhan global tercatat di kisaran      Bank report, global growth stood at approximately 2.6%,
2,6%, lebih baik dari perkiraan sebesar 2,4%, tetapi lebih      surpassing the earlier estimate of 2.4%, yet falling short of the
rendah dari 2,9% pada tahun 2023.                               2.9% growth achieved in 2023.


Ketidakpastian ekonomi global menjadi tantangan utama           Global economic uncertainty remained a key challenge for
bagi pertumbuhan ekonomi Indonesia. Perlambatan ekonomi         Indonesia’s economic growth. The economic slowdown of
negara mitra dagang utama Indonesia terutama China              Indonesia’s major trading partners, particularly China, led
mengakibatkan turunnya permintaan dan harga komoditas           to decreased demand and falling global commodity prices.
global. Fluktuasi harga komoditas utama seperti batu bara       Fluctuations in the prices of key export commodities such
dan minyak sawit mentah (CPO) mempengaruhi neraca               as coal and crude palm oil (CPO) had a notable impact on
perdagangan Indonesia.                                          Indonesia’s trade balance.


Meskipun dihadapkan pada tantangan global dan domestik          Despite these significant global and domestic challenges,
yang tinggi, Kondisi ekonomi Indonesia pada tahun 2024          Indonesia’s economic performance in 2024 showed moderate
menunjukkan perbaikan yang moderat dan terkendali. Badan        and controlled improvement. The Statistics Indonesia (BPS)
Pusat Statistik (BPS) mengumumkan, pertumbuhan ekonomi          reported a GDP growth of 5.03% in 2024, slightly lower than
Indonesia tahun 2024 sebesar 5,03%, sedikit melambat            the 5.05% recorded in 2023 and below the State Budget (APBN)
dibandingkan capaian tahun 2023 sebesar 5,05% dan lebih         2024 target of 5.2%. The main factor holding back economic
rendah dari target Anggaran Pendapatan dan Belanja Negara       performance was a decline in exports in the second half of
(APBN) 2024 sebesar 5,2%. Faktor yang menahan kinerja           the year, primarily due to falling global commodity prices. In
ekonomi terutama adalah penurunan ekspor pada paruh             contrast, imports showed relatively better signs of recovery.
kedua tahun 2024. Ekspor Indonesia melemah signifikan           Exports accounted for 22.2% of Indonesia’s GDP, while imports
akibat penurunan harga komoditas global. Sebaliknya,            contributed 20.4%.
impor menunjukkan tanda pemulihan yang relatif lebih baik.
Ekspor berkontribusi sebesar 22,2% terhadap PDB Indonesia,
sementara impor memberikan kontribusi sebesar 20,4%.




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                                               Pertumbuhan Triwulanan Ekonomi Domestik
                                                    Domestic Economic Growth Quarterly
                                                                2023 - 2024




                                    5,17%

                                                                          5,11%


                                                                                       5,05%
                       5,03%                                   5,04%                                5,03%
                                                                                                                 5,02%


                                                  4,94%




                      Q1 2023      Q2 2023       Q3 2023      Q4 2023    Q1 2024      Q2 2024      Q3 2024      Q4 2024




      Sinergi kebijakan antara pemerintah dengan Bank Indonesia          The policy’s synergy between the government and Bank
      (BI) berhasil menjaga inflasi tahun 2024 dalam rentang target      Indonesia (BI) successfully maintained inflation in 2024 within
      2,5%±1%. Berdasarkan data BPS, tingkat inflasi pada akhir          the target range of 2.5%±1%. According to data from the BPS,
      tahun 2024 tercatat sebesar 1,57% secara tahunan, lebih            the annual inflation rate at the end of 2024 stood at 1.57%, a
      rendah dibandingkan 2,61% pada akhir tahun 2023. Inflasi           notable decrease from 2.61% at the end of 2023. This marks
      2024 merupakan yang terendah dalam dua dekade terakhir.            the lowest inflation rate recorded in the past two decades.


      Secara bulanan, inflasi mencapai posisi tertinggi 2,05% pada       On a monthly basis, inflation reached its peak of 2.05% in
      bulan Maret 2024 dipengaruhi oleh siklus perayaan Hari             March 2024, largely driven by seasonal effects associated with
      Raya Idul Fitri. Selanjutnya, angka inflasi terus bergerak turun   the celebration of Eid al-Fitr. Following that period, inflation
      hingga berada pada angka 1,57% pada bulan Desember                 trended downward consistently, reaching 1.57% by December
      2024. Penurunan tingkat inflasi ini mencerminkan kondisi           2024. This decline in inflation reflects an increasingly stable
      makroekonomi yang lebih stabil serta efektivitas dari kebijakan    macroeconomic environment and the effectiveness of
      moneter dan pengendalian harga yang dilakukan sepanjang            monetary policies and price control measures implemented
      tahun. Inflasi yang terjaga juga memberikan ruang gerak lebih      throughout the year. The well-contained inflation rate has
      besar bagi konsumen dan pelaku usaha dalam merencanakan            provided greater flexibility for both consumers and businesses
      aktivitas ekonomi ke depan.                                        in planning future economic activities.




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                                                                                               Inflasi Bulanan Indonesia
                                                                                               Indonesia Monthly Inflation
                                                                                                              2023 - 2024

          6,0%

          5,0%

          4,0%

          3,0%

          2,0%

          1,0%

          0,0%




                                                                                                                                                                                                                            Sep ‘24



                                                                                                                                                                                                                                                Nov ‘24

                                                                                                                                                                                                                                                          Dec ‘24
                   Jan ‘23

                             Feb ‘23

                                       Mar ‘23

                                                 Apr ‘23

                                                           May ‘23

                                                                     June ‘23

                                                                                Jul ‘23

                                                                                          Aug ‘23

                                                                                                    Sep ‘23

                                                                                                              Oct ‘23

                                                                                                                        Nov ‘23

                                                                                                                                  Dec ‘23

                                                                                                                                            Jan ‘24

                                                                                                                                                      Feb ‘24

                                                                                                                                                                Mar ‘24

                                                                                                                                                                          Apr ‘24

                                                                                                                                                                                    May ‘24

                                                                                                                                                                                              Jun ‘24

                                                                                                                                                                                                        Jul ‘24

                                                                                                                                                                                                                  Aug ‘24



                                                                                                                                                                                                                                      Okt ‘24
Berdasarkan data BI, rata-rata Indeks Keyakinan Konsumen                                                                            Based on data from BI, the average Consumer Confidence
(IKK) pada tahun 2024 tercatat sebesar 124,51, sedikit                                                                              Index (CCI) in 2024 was recorded at 124.51, showing a slight
meningkat dibandingkan dengan 124,36 pada tahun 2023.                                                                               increase compared to 124.36 in 2023. This marginal rise of
Terjadi kenaikan tipis 1,15 poin, yang secara statistik relatif                                                                     1.15 points indicates relative statistical stability yet still reflects
stabil, namun tetap menunjukkan sedikit peningkatan                                                                                 a modest improvement in consumer confidence in 2024. This
keyakinan konsumen di tahun 2024. Hal ini mengindikasikan                                                                           suggests that public perception of the national economic
stabilitas persepsi masyarakat terhadap kondisi ekonomi                                                                             conditions remains stable, with a sustained tendency toward
nasional, dengan kecenderungan optimisme yang tetap                                                                                 optimism despite both global and domestic challenges.
terjaga di tengah tantangan global maupun domestik.


Sementara Survei Penjualan Eceran BI menunjukkan                                                                                    Meanwhile, BI’s Retail Sales Survey shows an increase in the
peningkatan rata-rata Indeks Penjualan Eceran (IPE) dari 213,0                                                                      average Retail Sales Index (RSI) from 213.0 in 2023 to 219.4
pada tahun 2023 menjadi 219,4 pada tahun 2024. Kenaikan                                                                             in 2024. This growth reflects an improvement in purchasing
ini mencerminkan adanya perbaikan daya beli dan konsumsi                                                                            power and household consumption in general, which
rumah tangga secara umum, yang merupakan komponen                                                                                   constitutes a major component of national economic growth.
utama dalam pertumbuhan ekonomi nasional. Secara total                                                                              On an annual total basis, the RSI rose from 2,556.0 to 2,632.9,
tahunan, IPE meningkat dari 2.556,0 menjadi 2.632,9, atau                                                                           equivalent to an increase of approximately 3.0% year-on-
setara dengan kenaikan sekitar 3,0% (YoY). Peningkatan                                                                              year (YoY). This upward trend signals a positive development,
ini memberikan sinyal positif bahwa sektor ritel mulai                                                                              indicating that the retail sector is beginning to experience a
menunjukkan pemulihan yang lebih kuat pascapandemi, serta                                                                           stronger recovery in the post-pandemic period, along with a
adanya stabilisasi konsumsi masyarakat sepanjang tahun                                                                              stabilization of household consumption throughout 2024.
2024.


Nilai tukar rupiah terhadap dolar AS bergerak sangat volatile di                                                                    The exchange rate of the Indonesian rupiah against the
sepanjang tahun 2024. Nilai tukar rupiah mengalami lonjakan                                                                         US dollar was highly volatile throughout 2024. The rupiah
tinggi dari posisi Rp15.000 per US$ pada awal bulan Januari                                                                         experienced a sharp depreciation from Rp15,000 per US$ at
2024 menjadi Rp16.500 per US$ pada akhir bulan Juni 2024,                                                                           the beginning of January 2024 to Rp16,500 per US$ by the end
terutama disebabkan oleh tingginya permintaan dolar AS di                                                                           of June 2024. This was primarily driven by heightened demand
pasar valuta asing domestik berkaitan dengan periode jatuh                                                                          for US dollars in the domestic foreign exchange market,
tempo utang atau pembayaran luar negeri. Setelah melewati                                                                           particularly related to debt maturities or external payments. In
pertengahan tahun, rupiah menguat hingga mencapai                                                                                   the second half of the year, the rupiah appreciated to Rp15,100
Rp15.100 per US$. Kondisi ini memperkuat hipotesis bahwa                                                                            per US$, reinforcing the hypothesis that the rupiah–US dollar
nilai tukar rupiah terhadap dolar AS lebih dipengaruhi oleh                                                                         exchange rate is largely influenced by domestic supply and
supply-demand dolar AS di dalam negeri. Kondisi juga ditambah                                                                       demand dynamics for the US dollar. Additionally, speculative
dengan cukup maraknya faktor spekulasi yang membuat nilai                                                                           factors contributed to the volatility of the exchange rate.
tukar rupiah menjadi bergejolak.




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                                                          Data Historis Kurs JISDOR
                                                           JISDOR Historical Rate Data
                                                                 2024 (Rp/USD)

             17.000

             16.500

             16.000

             15.500

             15.000

             14.500

             14.000
                         Jan ‘24   Feb ‘24   Mar ‘24   Apr ‘24   May ‘24   Jun ‘24   Jul ‘24   Aug ‘24   Sep ‘24   Oct ‘24   Nov ‘24   Dec ‘24




      Di awal tahun 2024, BI memutuskan untuk mempertahankan                   At the beginning of 2024, BI decided to maintain its benchmark
      suku bunga acuan BI 7-day Reverse Repo Rate (BI-Rate) pada               interest rate, the BI 7-Day Reverse Repo Rate (BI-Rate), at 6%,
      level 6% yang sudah berlangsung sejak Oktober 2023.                      a level that had been held since October 2023. This decision
      Keputusan ini bertujuan untuk membantu stabilisasi nilai                 aimed to support the stabilization of the rupiah exchange rate,
      rupiah, mengendalikan inflasi, dan membantu pertumbuhan                  control inflation, and foster economic growth.
      ekonomi.
                                                                               In April 2024, BI raised the BI-Rate to 6.25%, a level maintained
      Pada bulan April 2024, BI menaikkan BI-Rate menjadi 6,25%                until August. Starting in September, the rate was lowered back
      yang bertahan sampai Agustus dan sejak September kembali                 to 6% and remained unchanged until the end of the year. This
      ke level 6% hingga akhir tahun. Keputusan ini konsisten dengan           policy stance was consistent with the continued low inflation,
      tetap rendahnya inflasi yang terkendali di bawah target, serta           which remained under control and below the target, as well
      penguatan dan stabilitas nilai tukar rupiah.                             as the strengthening and stabilization of the rupiah exchange
                                                                               rate.


      Secara rata-rata tahunan, BI-Rate tahun 2024 sebesar 6,03%,              On an annual average basis, the BI-Rate in 2024 stood at
      lebih tinggi dibandingkan tahun 2023 sebesar 5,81%.                      6.03%, higher than the 2023 average of 5.81%.




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                                                            Suku Bunga Acuan BI
                                                          BI Benchmark Interest Rate
                                                                   2023 - 2024

       6,30%
       6,20%
       6,10%
       6,00%
       5,90%
       5,80%
       5,70%
       5,60%
       5,50%
                                                                    Nov ‘23




                                                                                                                                  Nov ‘24
                           Mar ‘23



                                     May ‘23



                                               Jul ‘23



                                                         Sep ‘23




                                                                               Jan ‘24



                                                                                          Mar ‘24



                                                                                                    May ‘24



                                                                                                              Jul ‘24



                                                                                                                        Sep ‘24




                                                                                                                                            Jan ‘25



                                                                                                                                                      Mar ‘25
                 Jan ‘23




Pada tahun 2024, Indonesia melaksanakan Pemilihan Umum                               In 2024, Indonesia held its General Election to elect the
(Pemilu) untuk memilih Presiden-Wakil Presiden dan anggota                           President and Vice President, as well as members of the
Legislatif Pusat dan Daerah. Faktor Pemilu secara langsung                           national and regional legislature. The election process had
maupun tidak langsung mempengaruhi perekonomian dan                                  both direct and indirect effects on the domestic economy and
sektor industri domestik. Kekhawatiran akan terjadinya gejolak                       industries. Concerns over potential political instability led to
politik membuat berbagai rencana investasi pemerintah dan                            delays in various government and private investment plans, as
swasta ditunda untuk menunggu kepastian hasil Pemilu.                                investors awaited clarity on the election outcome.


Dalam perkembangannya, pelaksanaan Pemilu pada 14                                    However, the General Election on February 14, 2024, was
Februari 2024 berjalan aman dan kondusif. Hasil Pemilu 2024                          conducted smoothly and peacefully. The election results
memberikan optimisme bagi para pelaku industri mengingat                             brought optimism to industry players, as the incoming
calon pemerintah baru berkomitmen untuk melanjutkan                                  administration committed to continuing the policies of the
kebijakan dari pemerintah sebelumnya. Hal ini disambut baik                          previous government. This was welcomed positively by
oleh kalangan usaha. Salah satu indikatornya adalah kenaikan                         businesses, as reflected in the rise of the Jakarta Composite
Indeks Harga Saham Gabungan (IHSG) pada 15 Februari 2024                             Index (IHSG) on February 15, 2024, which closed 1.39% higher
yang ditutup naik 1,39% ke level Rp7.303.                                            at Rp7,303.




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  INDUSTRY REVIEW




                                “Inisiatif strategis Perseroan pada
                                tahun 2024 adalah melanjutkan
                                ekspansi jaringan ritel dan menambah
                                merek-merek terkemuka dari berbagai
                                principal global untuk menjangkau
                                spektrum konsumen yang lebih luas di
                                seluruh Indonesia.”

                                “In 2024, the Company’s strategic initiatives is focused
                                on expanding its retail network and adding leading
                                brands from various global principals to reach a
                                broader spectrum of consumers across Indonesia.”




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INDUSTRI DIGITAL                                                   DIGITAL INDUSTRY
Pasar smartphone Indonesia mengalami pemulihan signifikan          Indonesia’s smartphone market experienced a significant
dengan pertumbuhan sebesar 15,5% dibanding tahun                   recovery, recording a 15.5% year-on-year growth and reaching
sebelumnya, mencapai hampir 40 juta unit. Permintaan               nearly 40 million units. Demand for smartphones continues
smartphone terus berkembang, terutama untuk flip dan               to grow, particularly for flip and foldable models, as well as
foldable phones, serta perangkat berbasis AI yang semakin          increasingly sophisticated AI-powered devices.
canggih.


Pertumbuhan ini didorong oleh peningkatan adopsi perangkat         This growth was driven by the rising adoption of 5G devices,
5G, yang pangsa pasarnya naik dari 17,1% pada 2023 menjadi         with market share increasing from 17.1% in 2023 to 25.8% in
25,8% pada 2024, serta penurunan harga rata-rata perangkat         2024, alongside a 20.4% decrease in the average selling price of
5G sebesar 20,4% menjadi US$441 dolar AS. Segmen mid-range         5G smartphones to US$441. The mid-range segment (US$200–
(US$200-US$600) mencatat pertumbuhan kuat sebesar 24,9%,           US$600) recorded strong growth of 24.9%, while the premium
sementara segmen premium (US$600+) mengalami penurunan             segment (US$600+) declined by 9.2%, partly due to the ban on
9,2%, sebagian disebabkan oleh pelarangan penjualan                iPhone 16 sales in the fourth quarter of 2024 as Apple had yet
iPhone 16 pada triwulan keempat 2024 karena Apple belum            to comply with the 40% local content requirement. Meanwhile,
memenuhi persyaratan kandungan lokal 40%. Sementara                the laptop and computer market showed steady year-on-year
pasar laptop dan komputer mengalami pertumbuhan positif            growth, in line with the increasing need for digital devices to
yang stabil dari tahun ke tahun sejalan dengan kebutuhan           support work and education activities, as well as the ongoing
akan perangkat teknologi untuk mendukung aktivitas kerja           trend of digital transformation.
dan pendidikan, serta tren digitalisasi yang terus berkembang.


INDUSTRI ACTIVE LIFESTYLE                                          ACTIVE LIFESTYLE INDUSTRY
Dalam beberapa tahun terakhir, industri active lifestyle           In recent years, the active lifestyle industry has demonstrated
menunjukkan pertumbuhan yang cukup menjanjikan, seiring            promising growth, in line with the rising public awareness of
dengan meningkatnya kesadaran masyarakat terhadap                  the importance of health, fitness, and an active lifestyle. This is
pentingnya kesehatan, kebugaran, dan gaya hidup aktif. Hal         reflected in the increasing participation in sports activities such
ini tercermin dalam meningkatnya partisipasi masyarakat            as running, tennis, golf, and other outdoor pursuits.
terhadap kegiatan olahraga seperti lari (running), tenis, golf,
dan aktivitas luar ruang lainnya.




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  INDUSTRY REVIEW




  Beberapa faktor yang mendorong pertumbuhan segmen ini            Several factors are driving the growth of this segment, including:
  meliputi; meningkatnya kesadaran gaya hidup sehat, terutama      the heightened awareness of healthy living, particularly in the
  pascapandemi COVID-19, yang memicu tren olahraga secara          post-COVID-19 era, which has fueled trends in both individual
  mandiri maupun dalam komunitas, perkembangan komunitas           and community-based exercise; the development of sports
  olahraga dan media sosial yang menjadi platform promosi          communities and social media platforms that serve as organic
  organik bagi gaya hidup aktif, dukungan fasilitas publik dan     promotion channels for the active lifestyle; as well as public
  maraknya penyelenggaraan olahraga massal seperti maraton,        infrastructure support and the growing number of large-scale
  turnamen tenis/ golf, dan kegiatan outdoor seperti hiking/       sporting events such as marathons, tennis/ golf tournaments,
  lintas alam ringan yang meningkatkan minat publik. Selain itu,   and outdoor activities like hiking or nature trekking that have
  kemajuan teknologi dan tren fashion yang menggabungkan           spurred public interest. In addition, advances in technology
  fungsi dan estetika dalam produk seperti sportswear dan          and fashion trends that combine functionality and aesthetics
  sneakers, menjadikan kegiatan olahraga sebagai bagian dari       in products, such as sportswear and sneakers, have made
  fashion statement sehari-hari (tren athleisure).                 physical activity an integral part of everyday fashion (the
                                                                   athleisure trend).


  Produk seperti kaos lari, legging/ shorts, dan sepatu lari       Products such as running shirts, leggings/ shorts, and premium
  premium dari merek internasional memiliki permintaan tinggi      running shoes from international brands are in high demand,
  terutama di kota besar. Teknologi dalam sepatu lari seperti      particularly in major urban centers. Footwear technologies
  cushioning systems atau smart tracking menjadi daya tarik        such as advanced cushioning systems and smart tracking
  konsumen urban. Selain itu, acara tahunan seperti Jakarta        features appeal strongly to urban consumers. Annual events
  Marathon dan Maybank Marathon turut mendorong penjualan          like the Jakarta Marathon and Maybank Marathon further
  produk yang relevan.                                             boost sales of relevant products.


  Sepatu kets tidak lagi terbatas untuk olahraga, melainkan        Sneakers are no longer limited to sports use; they have become
  menjadi elemen penting dalam gaya hidup urban. Kolaborasi        a key element of urban lifestyle fashion. Collaborations
  antara merek olahraga dan fashion, seperti JD Sports dan         between sports and fashion brands, such as JD Sports and
  berbagai lini limited edition menarik perhatian generasi muda.   various limited-edition lines, attract significant interest from
  Sementara aktivitas luar ruang juga semakin meningkat seperti    younger generations. At the same time, outdoor activities
  aktivitas hiking, camping, dan eksplorasi alam pascapandemi      such as hiking, camping, and nature exploration have grown in
  sehingga mendongkrak permintaan pada perlengkapan luar           popularity since the pandemic, driving up demand for outdoor
  ruang. Produk seperti sepatu hiking, jaket tahan air, dan        gear. Products such as hiking shoes, waterproof jackets,
  aksesoris pendukung menjadi kategori yang tumbuh stabil,         and supporting accessories continue to see steady growth,
  terutama di segmen milenial dan profesional muda.                especially among millennials and young professionals.


  Pasar Internet of Things (IoT) di Indonesia menunjukkan          The Internet of Things (IoT) market in Indonesia has shown
  perkembangan yang signifikan didukung oleh kolaborasi            significant development supported by collaboration between
  antara pemerintah dan pemangku kepentingan industri untuk        the government and industry stakeholders to enhance local
  meningkatkan produk lokal dan membangun ekosistem digital        product development and build an inclusive digital ecosystem.
  yang inklusif.




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Pasar kendaraan listrik (EV) di Indonesia masih dalam tahap      The electric vehicle (EV) market in Indonesia is still in the early
awal pengembangan dan adopsi. Tingkat adopsi EV di Indonesia     stages of development and adoption. As of this period, EV
pada saat itu kurang dari 0,3%, menunjukkan penetrasi yang       adoption remained below 0.3%, indicating a low penetration
masih rendah di pasar otomotif nasional. Faktor utama yang       rate in the national automotive market. Key challenges to
belum mendukung pertumbuhan pasar EV di Indonesia antara         EV growth include the relatively high cost of electric vehicles
lain harga kendaraan listrik yang masih tinggi dan penyebaran    and the uneven distribution of charging infrastructure.
infrastruktur pengisian daya yang belum merata. Meskipun         Nonetheless, the government has committed to developing
demikian, pemerintah telah berkomitmen mengembangkan             the EV ecosystem, including the downstream processing of
ekosistem EV, antara lain melalui hilirisasi nikel sebagai       nickel, a critical component in EV batteries.
komponen penting dalam baterai kendaraan listrik.


INDUSTRI WELLNESS                                                WELLNESS INDUSTRY
Industri kesehatan di Indonesia telah mengalami pertumbuhan      Indonesia’s healthcare industry has experienced consistent
yang konsisten dalam beberapa tahun terakhir, didorong oleh      growth in recent years, driven by increasing health awareness,
meningkatnya kesadaran akan kesehatan, pertumbuhan kelas         the expansion of the middle class, and changing consumer
menengah, dan perubahan perilaku konsumen pascapandemi.          behavior in the post-pandemic era. The COVID-19 pandemic
Pandemi COVID-19 mempercepat permintaan akan akses               significantly accelerated the demand for healthcare access,
layanan kesehatan, pengelolaan kesehatan pribadi, dan            personal health management, and preventive solutions,
solusi pencegahan, yang menyebabkan meningkatnya minat           resulting in heightened interest in pharmacies, medical
terhadap apotek, peralatan medis, dan peralatan kesehatan.       equipment, and healthcare devices.


Di sektor layanan kesehatan, semakin banyak investasi global     In the healthcare services sector, there has been a surge in
yang menanamkan modalnya di Indonesia. Fenomena ini              global investment inflows into Indonesia. This trend reflects
mencerminkan meningkatnya minat investor global terhadap         the growing interest of international investors in healthcare
aset layanan kesehatan di Asia Tenggara, termasuk Indonesia,     assets across Southeast Asia, including Indonesia, supported
yang didorong oleh pertumbuhan ekonomi dan demografi yang        by promising economic and demographic growth. In line with
menjanjikan. Seiring dengan meningkatnya investasi di sektor     increasing healthcare investments and a stable economic
kesehatan dan pertumbuhan ekonomi yang stabil, industri          outlook, the pharmaceutical industry has also demonstrated
farmasi juga mengalami perkembangan positif sejalan dengan       positive development, mirroring the overall upward trend
tren di sektor kesehatan secara keseluruhan. Perkembangan        within the health sector. Regulatory advancements and greater
regulasi dan peningkatan dukungan pemerintah untuk               government support for healthcare infrastructure have further
infrastruktur kesehatan telah mendorong partisipasi sektor       encouraged private sector participation.
swasta.


Segmen apotek ritel terus berkembang, dengan apotek              The retail pharmacy segment continues to expand, with
independen dan apotek jaringan global yang semakin banyak        both independent and global pharmacy chains increasingly
hadir, terutama di wilayah perkotaan dan semi perkotaan.         establishing a presence, particularly in urban and semi-urban
Banyak pemain utama di bisnis apotek saat ini sudah fokus        areas. Major players in the pharmacy business are now focusing
pada integrasi omnichannel, yang menawarkan konsultasi           on omnichannel integration, offering services such as online
daring, resep elektronik, dan layanan pengiriman ke rumah.       consultations, e-prescriptions, and home delivery. Consumer
Permintaan konsumen telah bergeser dari sekadar obat resep       demand has shifted from solely prescription medications
menjadi suplemen kesehatan, vitamin, penambah kekebalan          to include health supplements, vitamins, immune-boosting
tubuh, dan produk kesehatan yang dijual bebas.                   products, and over-the-counter health items.


Permintaan peralatan medis untuk penggunaan di rumah,            There has also been a growing demand for home-use
seperti termometer digital, oksimeter, glukometer, monitor       medical equipment, such as digital thermometers, oximeters,
tekanan darah, dan pelacak kesehatan yang dapat dikenakan        glucometers, blood pressure monitors, and wearable
juga meningkat. Produsen lokal telah mulai meningkatkan          health trackers. Local manufacturers have begun to scale
produksi, meskipun peralatan kelas atas masih bergantung         up production; however, the high-end medical equipment
pada impor. Pasar peralatan kesehatan akan semakin               segment still relies heavily on imports. The health equipment
menarik sejalan dengan dukungan pemerintah dalam hal             market is expected to become increasingly attractive,
ini Kementerian Perindustrian dan Kementerian Kesehatan          especially with continued support from the Ministry of Industry
terhadap peningkatan kapabilitas produsen lokal untuk            and the Ministry of Health in enhancing the capacity of local
peralatan medis.                                                 manufacturers in medical device production.




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  INDUSTRI FOOD & NOURISHMENT                                      FOOD & NOURISHMENT INDUSTRY
  Industri makanan dan minuman (mamin) menunjukkan                 The food and beverage (F&B) industry in Indonesia
  pertumbuhan yang solid. Gabungan Produsen Makanan                demonstrated solid growth. The Indonesian Food and Beverage
  dan Minuman Indonesia (GAPMMI) memproyeksikan                    Producers Association (GAPMMI) projected the sector to grow
  pertumbuhan sektor ini mencapai 5,5% sepanjang tahun,            by 5.5% throughout the year, a rise from 4.47% in 2023.
  lebih tinggi dibandingkan pertumbuhan 4,47% pada 2023.           The F&B industry also contributed significantly to the Gross
  Kontribusi industri mamin terhadap Produk Domestik Bruto         Domestic Product (GDP) of the non-oil and gas processing
  (PDB) industri pengolahan nonmigas juga signifikan, mencapai     industry, reaching 40.17% in the third quarter of 2024.
  40,17% pada triwulan III 2024.


  Sektor restoran dan kafe juga mengalami perkembangan             The restaurant and café sector likewise experienced positive
  positif, didorong oleh meningkatnya kelas menengah dan           development, driven by a growing middle class and shifting
  perubahan gaya hidup masyarakat. Tren bisnis kuliner seperti     lifestyle trends. Culinary business trends such as healthy,
  makanan sehat, organik, dan berbasis tanaman semakin             organic, and plant-based foods have gained popularity among
  diminati konsumen yang peduli kesehatan.                         health-conscious consumers.


  Sektor ritel modern, termasuk supermarket sekelas Grand Lucky    The modern retail sector, including premium supermarkets
  Superstore, mengalami pertumbuhan yang signifikan. Omzet         such as Grand Lucky Superstore, also saw substantial growth.
  ritel modern tumbuh sekitar 10%, dengan nilai penjualan          Modern retail revenues rose by approximately 10%, with total
  mencapai Rp162,8 triliun. Pertumbuhan ini didorong oleh          sales reaching Rp162.8 trillion. This growth was supported
  meningkatnya jumlah gerai ritel modern, seperti minimarket       by the increasing number of modern retail outlets, such as
  dan supermarket, yang terus berkembang untuk memenuhi            minimarkets and supermarkets, expanding to meet the rising
  permintaan konsumen yang semakin tinggi.                         demand from consumers.




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                      “Grup Erajaya menjalankan kegiatan usaha sebagai importir,
                      distribusi dan perdagangan ritel perangkat telekomunikasi. Dengan
                      melandaskan bisnisnya pada pelanggan atau bisnis “customer-
                      centric”, Perseroan secara aktif melebarkan lini bisnisnya melalui
                      4 vertikal bisnis, yakni: Erajaya Digital, Erajaya Beauty & Wellness,
                      Erajaya Active Lifestyle, dan Erajaya Food & Nourishment.”

                      “Erajaya Group engages in its business activities as importers, distributors, and retailers of
                      telecommunication devices. By basing its business on customers, or “customercentric” business,
                      the Company actively expands its business lines by opening new categories through 4 business
                      verticals,namely: Erajaya Digital, Erajaya Beauty & Wellness,Erajaya Active Lifestyle, and Erajaya
                      Food & Nourishment.”




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BISNIS DISTRIBUSI                                                    DISTRIBUTION BUSINESS
Melalui entitas anaknya, PT Teletama Artha Mandiri (“TAM”),          Through its subsidiaries, PT Teletama Artha Mandiri (“TAM”),
PT Sinar Eka Selaras Tbk (“SES”), PT Multi Media Seluler (“MMS”),    PT Sinar Eka Selaras Tbk (“SES”), PT Multi Media Seluler (“MMS”),
Era International Network Sdn. Bhd. (“EIN Malaysia”), PT             Era International Network Sdn. Bhd. (“EIN Malaysia”), PT
Prakarsa Prima Sentosa (“PPS”), PT Surya Andra Medicalindo           Prakarsa Prima Sentosa (“PPS”), PT Surya Andra Medicalindo
(“SAM”), PT JDSports Fashion Distribution (“JDFD”), PT Urogen        (“SAM”), PT JDSports Fashion Distribution (“JDFD”), PT Urogen
Advanced Solutions (“UAS”), PT Prima Pesona Prakarsa (“PPP”),        Advanced Solutions (“UAS”), PT Prima Pesona Prakarsa (“PPP”),
dan PT Era Caring Indonesia, Grup Erajaya mendistribusikan           and PT Era Caring Indonesia, Erajaya Group distributes
produk-produk perangkat telekomunikasi yang mencakup                 telecommunication equipment products, which include
telepon selular, smartphone, tablet, SIM Card, voucher isi ulang,    cellular phones, smartphones, tablets, SIM cards, top-up
produk-produk Teknologi Informasi, produk-produk fashion             vouchers, information technology products, fashion apparel
apparel, produk-produk kesehatan serta layanan pendukung             products, health products, and other support services.
lainnya.


TAM telah membangun kemitraan strategis dengan                       TAM has built strategic partnerships with brand principals of
prinsipal merek perangkat telekomunikasi dan gadget untuk            telecommunication devices to distribute its products, namely
mendistribusikan produknya, meliputi Apple, ASUS, Nokia,             Apple, ASUS, Nokia, Samsung, Xiaomi, and others. By the
Samsung, Xiaomi dan lainnya. Hingga akhir tahun 2024, TAM telah      end of 2024, TAM has 77 distribution centers located all over
memiliki 77 titik distribusi yang tersebar di seluruh Indonesia.     Indonesia.


SES membangun kemitraan strategis dengan prinsipal merek             SES has strategic partnerships with brand principals of gadgets
gadget untuk mendistribusikan produknya, meliputi DJI,               to distribute their products, namely DJI, GoPro, Garmin, and
GoPro, Garmin, dan lainnya.                                          others.


MMS mendistribusikan produk-produk operator jaringan                 MMS distributes products from leading network operators in
terkemuka di Indonesia, yaitu Indosat Ooredoo, Telkomsel,            Indonesia, namely Indosat Ooredoo, Telkomsel, and XL.
dan XL.


PPP merupakan perusahaan yang mendistribusikan produk                PPP is a company that distributes Xiaomi handset products.
handset xiaomi. PPS merupakan entitas anak Erajaya yang              PPS is a subsidiary of Erajaya engaged in providing “electronic
bergerak dalam bidang penyediaan akses “electronic gateway”          gateway” access for electronic vouchers from various
untuk voucher elektronik dari berbagai macam perusahaan              companies, such as telecommunication operators, PLN, and
seperti operator telekomunikasi, PLN, dan permainan online.          online games.


EIN Malaysia adalah distributor resmi aksesoris perangkat            EIN Malaysia is an authorized distributor for telecommunication
telekomunikasi Samsung Memory, Huawei, Kingmax,                      device accessories such as Samsung Memory, Huawei,
Plantronics & iTouch, sekaligus sebagai distributor smartphone       Kingmax, Plantronics & iTouch. It is also the distributor of
Lenovo dan Alcatel di Malaysia. Hingga akhir 2024, EIN Malaysia      Lenovo and Alcatel smartphones in Malaysia. By the end of
memiliki 1 titik distribusi di Malaysia.                             2024, EIN Malaysia had 1 distribution center in Malaysia.


Di Singapura, Perseroan juga memiliki distributor untuk              In Singapore, the Company also has distributors for various
beragam perangkat telekomunikasi. Hingga akhir 2024,                 telecommunications equipment. Until the end of 2024, the
Perseroan memiliki 3 titik distribusi.                               company has 3 distribution points.




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  Tinjauan Operasional
  OPERATIONAL REVIEW




                      MODEL BISNIS & PORTOFOLIO PRODUK
                      Business Model and Product Portfolio




                          Erajaya                                                      Erajaya
                          Digital                                                      Wellness
         Fokus pada produk consumer electronic, handset, laptop,         Fokus pada produk kesehatan, serta produk-produk farmasi
         komputer, bisnis operator dan voucher, serta produk relevan     dengan bisnis ritel yang didukung Wellings dan bisnis distribusi
         lainnya dengan beragam konsep toko dari multibrand seperti      peralatan medis yang bekerja sama dengan beragam merek.
         Erafone, Erablue maupun monobrand seperti iBox, Samsung,
         Mi-store, dan lainnya dengan beberapa merek principal.          Focusing on health care, and pharmaceutical products with a
                                                                         retail business supported by Wellings and a medical devices
         Focusing on consumer electronics, handsets, laptops,            distribution business in collaboration with various brands.
         computers, operator business and vouchers, as well as
         other relevant products with a variety of store concepts,
         from multibrand concepts like Erafone, Erablue store to
         monobrand concepts like iBox, Samsung, Mi-store, and other
         several brands.




                                                                                                   Wellings
                                                                                                  (Pharmacy)
                    Erafone                        iBox
              (Multibrand gadget)        (Apple premium partner)




                 Samsung                       Mi Store
             (Monobrand gadget)            (Monobrand gadget)
                                                                                          B2B Medical Equipment
                                                                                              Distributorship



                                   Erablu
                               (Multibrand CE)




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         Erajaya                                                                    Erajaya Food
     Active Lifestyle                                                              & Nourishment
   Fokus pada produk gaya hidup seperti sport fashion apparel                   Fokus pada bisnis makanan dan minuman dengan beragam
   untuk olahraga lari, tenis, golf, dan aktivitas luar ruang seperti           konsep toko seperti jaringan restoran, kafe & bakery, serta
   hiking/lintas alam, yang memadukan fungsi dan estetika                       grocery store termasuk restoran Sushi Tei, Paris Baguette, dan
   dalam produk sportswear dan sneakers, menjadikan kegiatan                    Grand Lucky.
   olahraga sebagai bagian dari fashion statement sehari-hari
   (tren athleisure) melalui multibrand seperti Urban Republic,                 Focusing on food & beverages business with a variety of
   JD Sports, MST Golf, Urban Adventure maupun monobrand                        store concepts such as chain restaurants, cafés & bakeries,
   seperti Asics, DJI, Garmin, 6IXTY8IGHT, dan merek lainnya,                   as well as grocery stores including Sushi Tei restaurant, Paris
   serta smart EV.                                                              Baguette, and Grand Lucky.

   Focus on lifestyle products such as sport fashion apparel for
   running, tennis, golf, and outdoor activities such as hiking/
   cross-country, which combines function and aesthetics
   in sportswear and sneakers, making sports activities part
   of everyday fashion statement (athleisure trend) through
                                                                                  Paris Baguette          Bacha Coffee       Wetzel Pretzel
   multibrands such as Urban Republic, JD Sports, MST Golf,
                                                                                  (Cafe & Bakery)            (Cafe)           (Fast Food)
   Urban Adventure as well as monobrands such as Asics, DJI,
   Garmin, 6IXTY8IGHT, and other brands, and smart EVs.



        Asics                MST Golf               Under Armour
    (Sport Apparel)       (Sport & Lifestyle)        (Sportswear)

                                                                                            Curry Up                   Sushi Tei Group
                                                                                           (Restaurant)             (Japanese restaurant)



    Urban Republic              Garmin                    DJI
    (Multibrand IoT)       (IoT Smartwatch)           (IoT Drone)

                                                                                                          Grand Lucky
                                                                                                          (Grocery store)

         Shokz                Marshall                     IT
       (Ear Audio)            (Speaker)             (IoT Ecosystem)




      JD Sports              6ixty8ight                 XPENG
    (Sport Apparel)           (Fashion)            (Electric Vehicles)




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  PT JDSports Fashion Distribution merupakan perusahaan             PT JDsports Distribution is a joint venture company with
  ventura bersama dengan JDSports UK yang bergerak pada             JDSports UK engaged in fashion distribution that focuses
  distribusi fashion yang berfokus pada penjualan produk brand      on selling active lifestyle apparel brand products through JD
  active lifestyle apparel melalui toko JD Sports di Indonesia.     Sports stores in Indonesia.


  PT Era Caring Indonesia merupakan perusahaan yang bergerak        PT Era Caring Indonesia is a company engaged in product
  pada distribusi produk beberapa merek kesehatan melalui           distribution for several wellness brands through Wellings
  apotek Wellings.                                                  pharmacies.


  BISNIS RITEL                                                      RETAIL BUSINESS
  Grup Erajaya melalui entitas anaknya, CG Computers Sdn.           The Erajaya Group, through its subsidiary, CG Computers
  Bhd. (“CG Computers”), PT Data Citra Mandiri (“DCM”), Era         Sdn. Bhd. (“CG Computers”), PT Data Citra Mandiri (“DCM”),
  International Network Pte. Ltd (“EIN Singapura”), PT Erafone      Era International Network Pte. Ltd (“EIN Singapore”), PT
  Artha Retailindo (“Erafone”), Erajaya Swasembada Pte Ltd, PT      Erafone Artha Retailindo (“Erafone”), Erajaya Swasembada Pte.
  Mitra International Indonesia (“MII”), PT Nusa Abadi Sukses       Ltd., PT Mitra International Indonesia (“MII”), PT Nusa Abadi
  Artha (“NASA”), PT Nusa Gemilang Abadi (“NGA”), dan PT            Sukses Artha (“NASA”), PT Nusa Gemilang Abadi (“NGA”), and
  Era Farma Indonesia (“EFI”), PT Era Blu Elektronik (‘EBE”), PT    PT Era Farma Indonesia (“EFI”), PT Era Blu Elektronik (‘EBE”),
  JDSports Fashion Indonesia, PT Era Aktif Indonesia, PT Mitra      PT JDSports Fashion Indonesia, PT Era Active Indonesia, PT
  Belanja Anda (“MBA”),PT Era Boga Patiserindo (“EBP”), dan PT      Mitra Belanja Anda (“MBA”), PT Era Boga Patiserindo (“EBP”),
  Sinar Era Aktif menjalankan bisnis ritel dengan menjual produk    and PT Sinar Era Active run a retail business by selling their
  masing-masing secara langsung kepada pelanggannya melalui         respective products directly to their customers through their
  gerai ritel yang dimilikinya.                                     retail outlets.


  PT Era Blu Elektronik bergerak di bisnis elektronik konsumen      PT Era Blu Elektronik is engaged in the consumer electronics
  melalui toko Erablue yang dikelola oleh PT Era Blu Elektronik.    business through Erablue stores managed by PT Era Blu
  Hingga akhir tahun 2024, Perseroan memiliki 87 toko Erablue.      Elektronik. Until the end of 2024, the Company has 87 Erablue
                                                                    stores.


  EFI bergerak di bisnis produk produk kesehatan melalui toko       EFI is engaged in the health product business through Wellings
  Wellings.                                                         stores.


  MBA bergerak di bisnis produk daily groceries melalui toko        MBA is engaged in the daily grocery product business through
  Grand Lucky. Hingga akhir tahun 2024, Perseroan memiliki 12       the Grand Lucky store. As of the end of 2024, the Company has
  toko Grand Lucky.                                                 12 Grand Lucky stores.


  EBP bergerak di bisnis restaurant & café bakery melalui brand     EBP is engaged in the restaurant & café bakery business
  Paris Baguette. Hingga akhir tahun 2024, Erajaya memiliki 16      through the Paris Baguette brand. As of the end of 2024,
  toko Paris Baguette.                                              Erajaya has 16 Paris Baguette stores.


  PT Sinar Era Aktif bergerak di bisnis lifestyle yang fokus pada   PT Sinar Era Aktif is engaged in the lifestyle business, which
  produk selam di Indonesia.                                        focuses on diving products in Indonesia.




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Berikut daftar gerai ritel yang dimiliki oleh Grup Erajaya hingga       The following is a list of retail outlets owned by the Erajaya
akhir tahun 2024:                                                       Group until the end of 2024:



                                                                 Jumlah Gerai
  No.                        Jenis Gerai                       Number of Outlets                         Type of Outlet
                                                             2024             2023

 Erajaya Digital
   1.    Gerai iBox                                           174              134                                            iBox Outlet
   2.    Samsung Experience Store                             135              133                            Samsung Experience Store
   3.    Mi Authorized Store Indonesia                         83               83                        Indonesia Mi Authorized Store
   4.    Gerai Huawei                                          10                  8                                       Huawei Outlet
   5.    Gerai Erafone                                       1.058            1.040                                        Erafone Outlet
   6.    Gerai Erablue                                         87               38                                         Erablue Outlet
   7.    Gerai Operator                                        31               43                                        Operator Outlet
   8.    Gerai Mi Authorized Stores Malaysia                        6              9                Malaysia Mi Authorized Stores Outlet
   9.    Gerai Huawei Malaysia                                      4              4                             Huawei Malaysia Outlet
  10.    Samsung Experience Store Malaysia                     10                  9                 Malaysia Samsung Experience Store
  11.    Gerai Urban Republic Malaysia                        118              119                       Malaysia Urban Republic Outlet
  12.    Gerai Switch Malaysia                                 91               88                                Malaysia Switch Outlet
  13.    Gerai Sony Malaysia                                        1              1                               Malaysia Sony Outlet
  14.    Gerai Mi Authorized Stores Singapura                       8              8               Singapore Mi Authorized Stores Outlet
  15.    Gerai Switch Singapore                                     6              6                            Singapore Switch Outlet
  16.    Gerai Urban Republic Singapura                             -              4                    Singapore Urban Republic Outlet
  17.    Gerai SingTel Singapura                                    8              7                            Singapore SingTel Outlet
  18.    Bisnis Bersama                                        81              102                                          Joint Business
 Erajaya Active Lifestyle
  19.    Gerai Urban Republic Indonesia                        64               54                       Indonesia Urban Republic Store
  20.    Gerai Urban Adventure                                      3              3                            Urban Adventure Outlet
  21.    Gerai MST Golf                                             5              1                                      MST Golf Outlet
  22.    Gerai JD Sports                                       14               11                                        JD Sports Outlet
  23.    Gerai Garmin                                          30               22                                         Garmin Outlet
  24.    Gerai DJI                                             12               10                                              DJI Outlet
  25.    Gerai ASICS                                           19               10                                           ASICS Outlet
  26.    Gerai IT (Immersive Tech)                                  4              3                          IT (Immersive Tech) Outlet
  27.    Gerai SHOKZ                                                1              -                                        SHOKZ Outlet
  28.    Gerai 6IXTY8IGHT                                           9              1                                  6IXTY8IGHT Outlet
  29.    Gerai Under Armour                                         9              -                               Under Armour Outlet
  30.    Gerai Logitech                                             1              1                                      Logitech Outlet
 Erajaya Food & Nourishment
  31.    Gerai Sushi Tei                                       63               56                                        Sushi Tei Outlet
  32.    Gerai Paris Baguette                                  16               13                                 Paris Baguette Outlet
  33.    Gerai Curry Up                                             2              -                                      Curry Up Outlet
  34.    Gerai Wetzel Pretzel                                       3              -                               Wetzel Pretzel Outlet
  35.    Gerai Bacha Coffee                                         2              -                                Bacha Coffee Outlet
  36.    Gerai Grand Lucky                                     12                  7                                 Grand Lucky Outlet
 Erajaya Beauty & Wellness
  37.    Gerai Wellings                                        14               16                                        Wellings Outlet
  38.    Gerai The Face Shop                                        -              5                               The Face Shop Outlet
         Jumlah                                              2.194            2.049                                                 Total




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  BISNIS E-COMMERCE                                                E-COMMERCE BUSINESS
  Penjualan ritel kepada pelanggan juga dilakukan melalui          Retail sales to customers are also conducted through online
  saluran penjualan berbasis internet atau e-Commerce, yaitu       channels, or e-commerce, namely iBox.co.id and Eraspace.
  iBox.co.id dan Eraspace.com. Secara keseluruhan, iBox.           com. Overall, iBox.co.id and eraspace.com provide data and
  co.id, dan eraspace.com memuat data dan keterangan               technical information on various product portfolios, sales
  teknis dari ragam portofolio produk, promosi penjualan,          promotions, online membership portals, online sales services,
  panel keanggotaan online, pelayanan penjualan online, dan        information on payment methods, as well as customer care.
  keterangan mekanisme pembayaran, serta layanan customer          The company also entered into several leading marketplaces
  care. Perseroan juga memasuki beberapa marketplace               in Indonesia, such as Tokopedia, Shopee, and Blibli.
  terkemuka di Indonesia, seperti Tokopedia, Shopee, dan Blibli.


  Beberapa strategi bisnis e-commerce yang sudah dilakukan         Several e-commerce business strategies that have been
  antara lain:                                                     carried out include:
  1. Home Delivery Service/ EraXpress                              1. Home Delivery Service/ EraXpress
     Layanan delivery yang dilakukan langsung oleh Perseroan           Delivery service is provided directly by the Company within
     dalam kurun waktu 3 jam dan gratis biaya pengiriman               3 hours and free of delivery charges to provide convenience
     untuk memberikan kemudahan dalam mendapatkan                      in acquiring the desired product without having the need
     produk yang diinginkan tanpa perlu keluar rumah.                  to leave the house.
  2. Omni-Channel                                                  2. Omni-Channel
     Layanan berbasis O2O (online to offline dan sebaliknya)           O2O-based services (online to offline or vice versa),
     yang memberikan kebebasan bagi konsumen untuk                     providing consumers the freedom to order products such
     memesan produk seperti Click & Pickup.                            as Click & Pickup.
  3. Online Exhibition                                             3. Online Exhibition
     Berfokus pada strategi promosi/event secara online melalui        Focusing on online promotion/ event strategies through its
     media digital yang dimiliki.                                      digital media.
  4. e-Commerce                                                    4. e-Commerce
     Secara aktif memperluas dan memperkuat eksistensi                 Actively expanding and strengthening the Company’s
     Perseroan secara online melalui pasar e-Commerce.                 online presence through the e-Commerce market.




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PENCAPAIAN 2024                                                    2024 ACHIEVEMENTS




               177                                21                                 55                              24
   Toko baru pada                  Toko baru monobrand               Toko baru pada vertikal          Toko baru pada
   vertikal Erajaya Digital        dan multibrand gadget             Erajaya Active Lifestyle         vertikal Erajaya Food &
   termasuk monobrand              store di Malaysia dan             yang didominasi oleh             Nourishment.
   dan multibrand gadget           Singapura.                        monobrand ritel.
                                                                                                      New store in Erajaya Food
   store, serta Erablue.                                                                              & Nourishment vertical.
                                   New monobrand and                 New store in the Erajaya
   New stores in the Erajaya       multibrand gadget stores in       Active Lifestyle vertical
   Digital vertical include        Malaysia and Singapore.           which is dominated by
   monobrand and multibrand                                          monobrand retail.
   gadget stores, and Erablue.




Perekonomian Indonesia tahun 2024 menunjukkan adanya               Indonesia’s economy in 2024 demonstrated moderate and
perbaikan yang moderat dan terkendali dengan pertumbuhan           controlled improvement, with stable growth maintained at
yang stabil di level 5%. Konsumsi rumah tangga, sebagai            the 5% level. Household consumption, as a key indicator of
indikator utama daya beli, tumbuh sebesar 4,94%. Sementara         purchasing power, grew by 4.94%. Meanwhile, the average
rata-rata Indeks Penjualan Eceran (IPE) meningkat dari 213,0       Retail Sales Index (RSI) increased from 213.0 in 2023 to 219.4,
pada tahun 2023 menjadi 219,4, mencerminkan adanya                 reflecting an improvement in purchasing power and overall
perbaikan daya beli dan konsumsi rumah tangga secara umum,         household consumption, which remains a major component
yang merupakan komponen utama dalam pertumbuhan                    of national economic growth. This trend signals a stronger
ekonomi nasional. Hal ini memberikan sinyal positif bahwa          post-pandemic recovery in the retail sector and indicates a
sektor ritel mulai menunjukkan pemulihan yang lebih kuat           stabilization of consumer spending throughout 2024.
pascapandemi, serta adanya stabilisasi konsumsi masyarakat
sepanjang tahun 2024.


Kondisi eksternal yang positif menjadi momentum bagi               Positive external conditions provided momentum for
Perseroan untuk melanjutkan strategi pengembangan seluruh          the Company to continue executing its brand portfolio
portofolio merek yang dimiliki untuk menjaga kesinambungan         development strategy to ensure sustained growth. The
pertumbuhan. Perseroan secara proaktif memanfaatkan                Company proactively leveraged seasonal moments, such as
momentum musiman, seperti liburan Natal, Idul Fitri, dan           Christmas, Eid al-Fitr, and year-end holidays, to offer a wide
akhir tahun, untuk menawarkan berbagai produk yang sesuai          range of products tailored to consumer needs.
dengan kebutuhan konsumen.


Insiatif strategis Perseroan melalui anak usaha pada tahun         The Company’s strategic initiatives through its subsidiaries
2024 di antaranya manambahkan beberapa merek baru ke               in 2024 included the addition of several new brands to its
dalam portofolio bisnis, seperti Curry Up dan Bacha Coffee di      business portfolio, such as Curry Up and Bacha Coffee in
segmen Erajaya Food & Nourishment, XPENG yang menandai             the Erajaya Food & Nourishment segment, XPENG, marking
ekspansi Perseroan ke industri smart EV, serta Under Armour,       the Company’s expansion into the smart electric vehicle (EV)
sebuah merek ritel apparel olahraga melalui vertikal Erajaya       industry, and Under Armour, a retail sports apparel brand
Active Lifestyle.                                                  under the Erajaya Active Lifestyle vertical.


Pada 2024, Perseroan juga berhasil membuka 278 toko                In 2024, the Company successfully opened 278 new stores,
baru, sehingga pada akhir tahun 2024, jumlah jaringan ritel        bringing its total retail network to 2,194 outlets by the end of
Perseroan mencapai 2.194 toko yang tersebar di Indonesia,          the year. These stores are spread across Indonesia, Malaysia,
Malaysia, dan Singapura, didukung oleh lebih dari 80 pusat         and Singapore, supported by more than 80 Company-owned
distribusi milik Perseroan dengan jaringan distribusi ke lebih     distribution centers with a distribution network reaching more
dari 54.000 gerai ritel pihak ketiga di Indonesia.                 than 54,000 reseller outlets in Indonesia.




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  Tinjauan Industri
  INDUSTRY REVIEW




  Penambahan gerai ini dilakukan pada vertikal Erajaya Digital,    The store expansion was carried out across the Erajaya Digital,
  Erajaya Active Lifestyle, dan Erajaya Food & Nourishment.        Erajaya Active Lifestyle, and Erajaya Food & Nourishment
  Ekspansi jaringan ritel bertujuan untuk meningkatkan pangsa      business verticals. This retail network expansion aims to
  pasar dan memperkuat posisi Perseroan sebagai pemain retail      increase market share and strengthen the Company’s position
  di Indonesia.                                                    as a leading retail player in Indonesia.


  Perseroan juga terus mengembangkan saluran online untuk          The Company continues to develop online channels to answer
  menjawab permintaan dari pelanggan melalui layanan               customer requests through Eraspace e-commerce services, as
  e-commerce eraspace, serta hadir di sejumlah platform            well as being present on a number of well-known e-commerce
  e-commerce ternama di Indonesia. Platform MyEraspace,            platforms in Indonesia. The MyEraspace platform’s CRM
  program CRM (Customer Relationship Management) sudah             (Customer Relationship Management) program had more than
  memiliki lebih dari 10 juta anggota pada tahun 2024.             10 million members in 2024.


  Perseroan    membangun        strategi   omnichannel    yang     The Company developed an omnichannel strategy combining
  menggabungkan pengalaman berbelanja offline dan online           seamless offline and online shopping experiences. Customers
  tanpa batas. Pelanggan dapat memilih berbagai layanan            can choose various omnichannel services, such as “Click
  omnichannel seperti “Click N’ Pickup” yakni pelanggan yang       N’ Pickup,” where customers complete transactions online
  merampungkan transaksi secara online dengan pengambilan          by picking up goods at physical stores, “Mobile Selling,” for
  barang di toko fisik, “Mobile Selling” untuk transaksi melalui   transactions via WhatsApp services and “EraXpress,” which
  layanan WhatsApp dan “EraXpress” yang melayani pengiriman        provides delivery to after-sales directly to consumers’ homes.
  hingga purnajual langsung ke rumah konsumen.


  Erajaya Digital                                                  Erajaya Digital
  Vertikal Erajaya Digital fokus untuk memperluas jaringan ritel   Erajaya Digital vertical focuses on expanding its monobrand
  monobrand store seperti gerai iBox, Samsung, dan Xiaomi.         retail network, including iBox, Samsung, and Xiaomi stores. For
  Untuk multibrand elektronik, pengembangan jaringan ritel         the electronics multibrand, the development of the Erablue
  Erablue terus dilanjutkan hingga mencapai 87 toko pada akhir     retail network continued, reaching a total of 87 stores by
  tahun 2024. Strategi pembukaan toko Erablue difokuskan           the end of 2024. The store expansion strategy for Erablue is
  pada outskirt area Jakarta dan Bodetabek. Sedangkan toko         concentrated in the outskirts of Jakarta and the Greater Jakarta
  multibrand Erafone difokuskan untuk penetrasi pasar yang         (Bodetabek) area. Meanwhile, Erafone multibrand stores are
  sebelumnya belum terjangkau seperti luar pulau Jawa.             aimed at penetrating previously underserved markets, such as
                                                                   areas outside of Java Island.


  Selain menambah sejumlah gerai baru, vertikal Erajaya Digital    In addition to opening new outlets, the Erajaya Digital vertical
  juga berupaya meningkatkan produktivitas gerai yang telah        also seeks to enhance the productivity of stores opened over
  dibuka dalam dua tahun terakhir melalui optimalisasi produk      the past two years by optimizing the product portfolio more
  portofolio yang lebih efektif sesuai dengan lokasi gerai yang    effectively based on each store’s specific location.
  dibuka.


  Erajaya Active Lifestyle                                         Erajaya Active Lifestyle
  Strategi memperkuat portfolio dan mendorong pertumbuhan          The strategy to strengthen the portfolio and drive sustainable
  berkelanjutan pada vertikal Erajaya Active Lifestyle meliputi    growth within the Erajaya Active Lifestyle vertical includes the
  penambahan merek dan bisnis baru seperti Under Armour            addition of new brands and businesses, such as Under Armour
  untuk produk fashion & sport apparel. Jumlah gerai Under         for fashion and sport apparel. The number of Under Armour
  Armour yang diakuisisi hingga akhir tahun 2024 sebanyak          stores acquired by the end of 2024 was 9 stores. In addition,
  9 gerai. Selain itu, perluasan jaringan ritel terutama untuk     the expansion of the retail network, particularly for IoT
  saluran ritel monobrand IoT dan fashion apparel seperti          monobrand retail channels and fashion apparel brands such
  Garmin, DJI, ASICS dan JDSport terus dilanjutkan.                as Garmin, DJI, ASICS, and JD Sports, continued to progress.




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Pada tahun 2024, vertikal Erajaya Active Lifestyle resmi            In 2024, Erajaya Active Lifestyle vertical officially entered the
memasuki bisnis kendaraan listrik (EV) bekerja sama dengan          electric vehicle (EV) business through a partnership with the
merek XPENG. Bisnis baru ini menjadi langkah strategis              XPENG brand. This new business marks a strategic move into
memasuki pasar EV sebagai distributor tunggal produk XPENG.         the EV market, with Erajaya serving as the exclusive distributor
                                                                    of XPENG products.


Erajaya Food & Nourishment                                          Erajaya Food & Nourishment
Erajaya Food & Nourishment membawa merek ritel baru                 Erajaya Food & Nourishment introduced new retail brands,
yaitu Curry Up, Bacha Coffee, dan Wetzel Pretzel untuk              Curry Up, Bacha Coffee, and Wetzel Pretzel, to expand its
meningkatkan cakupan pasar. Curry Up merupakan merek                market reach. Curry Up is a local retail brand specializing in
ritel lokal dengan spesialisasi pada menu kari, Bacha Coffee        curry-based dishes, Bacha Coffee is a luxury coffee retail and
merupakan luxury coffee retail & restaurant dari Maroko, dan        restaurant brand from Morocco, and Wetzel Pretzel focuses on
Wetzel Pretzel fokus pada menu pretzel. Selain itu, ekspansi        pretzel-based menu offerings. In addition, the retail network
jaringan ritel Paris Baguette dan Grand Lucky terus dilanjutkan.    expansion of Paris Baguette and Grand Lucky continued to
                                                                    progress.


Erajaya Wellness                                                    Erajaya Wellness
Erajaya Wellness terus meningkatkan jaringan Apotek Wellings        Erajaya Wellness vertical continued to expand the Wellings
di Indonesia, dengan berkolaborasi dengan CARiNG Pharmacy           Pharmacy network in Indonesia through a collaboration with
Retail Management Sdn Bhd dari Malaysia. Hingga akhir 2024          CARiNG Pharmacy Retail Management Sdn Bhd from Malaysia.
telah hadir 14 apotek Wellings di Indonesia.                        By the end of 2024, there were 14 Wellings pharmacies
                                                                    operating in Indonesia.


PROSPEK USAHA                                                       BUSINESS PROSPECT
Tahun 2025 akan menjadi langkah lanjutan menuju pemulihan           2025 marks another step toward post-pandemic recovery,
pasca pandemi, walaupun pertumbuhan ekonomi global                  although global economic growth is expected to slow
diperkirakan akan melambat dibandingkan dengan sebelum              compared to pre-pandemic levels.
pandemi.


World Bank dalam Laporan Global Economic Prospects Januari          According to the World Bank’s January 2025 Global Economic
2025 memperkirakan pertumbuhan global akan stagnan di               Prospects Report, global growth is projected to stagnate at 2.7%
2,7% pada tahun 2025-2026. Ekonomi global masih dibayangi           in 2025-2026. The global economy remains under pressure
risiko peningkatan ketidakpastian kebijakan dan pergeseran          from policy uncertainty, trade restrictions, geopolitical
kebijakan perdagangan yang merugikan, ketegangan                    tensions, inflation, and climate-related natural disasters. Trade
geopolitik, inflasi, dan bencana alam sebagai dampak                policy risks remain high, particularly following the outcome of
perubahan iklim. Ketidakpastian kebijakan perdagangan               the U.S. presidential election, which has heightened concerns
dan langkah-langkah pembatasan perdagangan tetap tinggi             over potential shifts in global trade dynamics.
menyusul hasil pemilihan presiden di AS.


Indonesia berhasil melalui tahun 2024 dengan performa yang          Indonesia successfully navigated 2024 with strong economic
kuat pada pertumbuhan ekonomi didukung oleh keberlanjutan           performance, driven by ongoing structural reforms and
reformasi struktural dan stabilitas sektor keuangan. IMF            financial sector stability. The IMF’s January 2025 World
dalam laporan World Economic Outlook Update Januari 2025            Economic Outlook Update projects Indonesia’s economic
memproyeksikan pertumbuhan Indonesia tahun 2025 sebesar             growth at 5.1% in 2025, up from 5.03% in 2024. Meanwhile, the
5,1%, meningkat dari 5,03% pada tahun 2024. Sementara               government’s 2025 State Budget (APBN) assumptions target a
pemerintah dalam asumsi APBN 2025 menargetken                       5.2% growth rate.
pertumbuhan sebesar 5,2%.




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  INDUSTRY REVIEW




  Prospek ekonomi domestik akan dipengaruhi oleh realisasi          The outlook for Indonesia’s domestic economy will largely
  kebijakan ekonomi dari pemerintah baru yang mulai bekerja         depend on the implementation of economic policies by the
  setelah dilantik pada Oktober 2024. Pemerintah memiliki           new administration, which took office in October 2024. The
  tantangan besar untuk memenuhi target mendorong                   government faces significant challenges in achieving its growth
  pertumbuhan ekonomi Indonesia di tengah ekonomi global            targets, particularly amid a slowing global economy. However,
  yang masih melambat. Beberapa program dan kebijakan               several announced policies and programs have generated
  pemerintah yang telah diumumkan menumbuhkan optimisme             market optimism. Key challenges include fluctuating export
  pasar. Tantangan utama yang dihadapi Indonesia adalah             commodity prices and slower growth in China, Indonesia’s
  fluktuasi harga komoditas ekspor dan pertumbuhan yang             largest trading partner.
  lebih lambat dari mitra dagang terbesar, yaitu China.


  Salah satu prioritas pemerintah di bidang ekonomi adalah          One of the government’s economic priorities is to maintain
  menjaga tingkat inflasi di kisaran 2,5±1% untuk mendukung         inflation within the 2.5% ±1% range, supporting efforts to
  akselerasi pertumbuhan ekonomi nasional. Target inflasi           accelerate national economic growth. This target is based
  ini didasarkan pada beragam faktor yang berpotensi                on various economic factors that may influence future
  memengaruhi perkembangan ekonomi ke depan.                        developments.


  Pada bulan Maret 2025, BI memutuskan untuk                        In March 2025, BI decided to maintain the BI-Rate at 5.75%,
  mempertahankan BI-Rate sebesar 5,75%, suku bunga Deposit          the Deposit Facility interest rate at 5.00%, and the Lending
  Facility sebesar 5,00%, dan suku bunga Lending Facility sebesar   Facility interest rate at 6.50%. This decision aligns with efforts
  6,50%. Keputusan ini konsisten dengan upaya menjaga               to control inflation within the 2.5% ±1% range for 2025-2026,
  inflasi 2025 dan 2026 tetap terkendali di rentang 2,5±1%,         stabilize the Rupiah amid global uncertainties, and support
  mempertahankan stabilitas nilai tukar Rupiah di tengah            economic growth.
  ketidakpastian global yang tetap tinggi, serta turut mendorong
  pertumbuhan ekonomi.


  Nilai tukar rupiah tetap terkendali didukung oleh kebijakan       The rupiah exchange rate remains stable, supported by BI’s
  stabilisasi BI. Nilai tukar rupiah terhadap dolar AS per 18       stabilization policies. As of March 18, 2025, the rupiah had
  Maret 2025 menguat sebesar 0,94% (point-to-point/ptp)             strengthened 0.94% (point-to-point/ptp) after a 1.69% decline
  setelah pada Februari 2025 melemah 1,69% (ptp), dipengaruhi       in February 2025, mainly due to reduced foreign capital inflows
  berkurangnya aliran masuk modal asing ke saham regional           into regional stock markets, including Indonesia, amid global
  termasuk Indonesia, sebagai dampak ketidakpastian global.         uncertainties. Looking ahead, the rupiah is expected to remain
  Ke depan, nilai tukar rupiah diperkirakan stabil didukung oleh    stable, driven by attractive yields, low inflation, and Indonesia’s
  imbal hasil yang menarik, inflasi yang rendah, dan prospek        positive economic growth prospects.
  pertumbuhan ekonomi Indonesia yang tetap baik.


  Berdasarkan indikator makroekonomi yang positif, Perseroan        Based on positive macroeconomic indicators, the Company
  optimis dapat mencapai pertumbuhan kinerja yang lebih             remains optimistic about achieving stronger performance
  baik lagi pada tahun 2025. Fokus utama Perseroan adalah           growth in 2025. The Company’s main focus is to continue its
  melanjutkan ekspansi untuk memperluas cakupan pasar               expansion efforts to broaden market coverage by adding new
  dengan menambah portofolio merek dan penambahan                   brands to its portfolio and expanding its retail network, while
  jaringan ritel, serta mendorong pertumbuhan berkelanjutan         driving sustainable growth through the optimization of existing
  melalui optimalisasi produk dan jaringan toko yang sudah          products and store networks.
  dimiliki.




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Perseroan mempertimbangkan karakteristik kebutuhan pasar            The Company carefully considers the unique and dynamic
lokal yang unik dan dinamis untuk menyesuaikan portofolio           characteristics of local market needs to tailor a portfolio that
yang relevan dengan kebutuhan pelanggan. Khususnya untuk            aligns with customer demands. Specifically for the handset
bisnis handset, Perseroan akan membuka lebih banyak toko            business, the Company plans to open more street-level stores
di street level di wilayah yang belum sepenuhnya terjangkau.        in areas that have not been fully served.


Perseroan juga fokus untuk memperluas jaringan ritel yang           The Company is also focused on expanding its retail network
masih dalam tahap pengembangan, seperti active & lifestyle          in segments that are still in the development stage, such as
dan F&B, terutama di pusat-pusat perbelanjaan.                      active & lifestyle and food & beverage (F&B), particularly in
                                                                    major shopping centers.


Perseroan memproyeksikan pembukaan kurang lebih 300                 The Company projects the opening of approximately 300 new
toko pada tahun 2025, dengan tetap fleksibel terhadap kondisi       stores in 2025, while remaining flexible in response to future
makroekonomi ke depan serta ketersediaan lokasi yang                macroeconomic conditions and the availability of strategic
strategis. Dalam jangka panjang, Perseroan berkomitmen              locations. In the long term, the Company is committed to
untuk menjadi salah satu perusahaan ritel gaya hidup                becoming one of the leading active lifestyle retail companies in
aktif terkemuka di Indonesia, dengan terus berinovasi dan           Indonesia by continuously innovating and delivering the best
memberikan pengalaman terbaik bagi konsumen.                        possible experience for consumers.


PROFITABILITAS SEGMEN                                               SEGMENT PROFITABILITY
Perseroan membagi segmen operasi sesuai dengan PSAK 108             The Company divides operating segments in accordance with
(Revisi 2015), “Segmen Operasi.” Profitabilitas per segmen          PSAK 108 (Revised 2015), “Operating Segments.” Profitability
operasi pada tahun 2024 adalah sebagai berikut:                     per operating segment in 2024 is as follows:

                                                                                                       Dalam miliar rupiah | In billions of rupiah


                                                                         Komputer
                                        Telepon                         & Peralatan
                                       Selular dan      Produk          Elektronik     Aksesoris &
                 Uraian                  Tablet        Operator           Lainnya        Lainnya            Eliminasi             Jumlah
                Description              Cellular      Operator         Computers      Accessories &      Eliminination            Total
                                       Phones and      Products           & Other         Others
                                         Tablets                         Electronic
                                                                          Devices

 Penjualan Segmen | Segmen Sales
 • Penjualan eksternal                    52.431,06        1.672,26         2.638,26        8.538,11                      -         65.279,68
   External Sales
 • Penjualan Antar Grup                   45.735,63         246,56          1.523,73        4.667,14          (52.173,06)                  0,00
   Inter-company Sales
 Penjualan Neto                           98.166,69        1.918,81         4.161,99       13.205,25          (52.173,06)           65.279,68
 Net Sales
 Laba Kotor                                 4.985,35            60,72         203,57        2.026,09                      -           7.275,73
 Gross Profit
 Marjin Laba Kotor                            5,08%             3,16%         4,89%          15,34%                       -            11,15%
 Gross Profit Margin




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  Tinjauan Keuangan
  FINANCIAL OVERVIEW




                       Penjualan Neto
                       Net Sales



                       Rp
                            65,28                                   triliun
                                                                    trillion




                      “Perseroan membukukan penjualan neto sebesar Rp65.279,68 miliar,
                      berasal dari kontribusi segmen Telepon Seluler dan Tablet sebesar
                      80%, Komputer dan Peralatan Elektronik Lainnya (4%), Produk
                      Operator (3%), dan Aksesoris dan Lain-lain (13%).”

                      “The Company recorded net sales of Rp65,279.68 billion, with contributions from the Cellular
                      Phones and Tablet segment for 80%, Computer and Other Electronic Devices at 4%, Operator
                      Products at 3%, and Accessories and Others at 13%.”




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Tinjauan keuangan ini dibuat berdasarkan informasi dari           The following financial review is based on information derived
Laporan Keuangan Konsolidasian PT Erajaya Swasembada              from the Consolidated Financial Statements of PT Erajaya
Tbk dan Entitas Anak untuk tahun yang berakhir pada 31            Swasembada Tbk and Subsidiaries for the year ending
Desember 2024 yang telah diaudit oleh Kantor Akuntan Publik       December 31, 2024, audited by Public Accounting Firm
Tanubrata Sutanto Fahmi Bambang & Rekan (anggota BDO              Tanubrata Sutanto Fahmi Bambang & Rekan (a member of
International Limited) dan memperoleh pendapat wajar dalam        BDO International Limited), which received an unqualified
semua hal yang material, posisi keuangan konsolidasian            opinion in all material respects. It encompasses the Company’s
Perseroan tanggal 31 Desember 2024, serta kinerja keuangan        consolidated financial position as of December 31, 2024, along
konsolidasian dan arus kas konsolidasiannya untuk tahun           with its consolidated financial performance and cash flows for
yang berakhir pada tanggal tersebut, sesuai dengan Standar        the year concluded on that date, in accordance with Indonesian
Akuntasi Keuangan di Indonesia.                                   Financial Accounting Standards.


Pemahaman atas uraian tinjauan keuangan ini tetap                 Understanding the following financial review description takes
memperhatikan penjelasan pada catatan Laporan Keuangan            into account the explanation provided in the Consolidated
konsolidasian sebagai bagian yang tidak terpisahkan dari          Financial Statements, which are an integral part of this Annual
Laporan Tahunan.                                                  Report.


LAPORAN POSISI KEUANGAN KONSOLIDASIAN                             CONSOLIDATED STATEMENTS OF FINANCIAL
                                                                  POSITION

Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
                                                                                                  Dalam miliar rupiah | In billions of rupiah

                                                                    Kenaikan (Penurunan)
                  Uraian               2024         2023              Increase (Decrease)                     Description
                                                                   Nominal           %

 Aset lancar                           13.308,10    12.964,56          343,54               2,6                          Current assets
 Aset tidak lancar                      8.466,29     7.482,89          983,40             13,1                      Non-current assets
 Jumlah Aset                           21.774,39    20.447,45         1.326,94              6,5                              Total assets
 Liabilitas jangka pendek              10.875,98    10.330,32          545,66               5,3                       Current liabilities
 Liabilitas jangka panjang              1.841,01     1.986,36         (145,34)            (7,3)                  Non-current liabilities
 Jumlah Liabilitas                     12.717,00    12.316,68          400,32               3,3                           Total liabilities
 Jumlah Ekuitas                         9.057,39     8.130,77          926,62             11,4                                      Equity
 Kepentingan NonpengendaIi               923,14       807,37           115,77             14,3                Non-controlling interest
 Jumlah Liabilitas dan Ekuitas         21.774,39    20.447,45         1.326,94              6,5             Total liabilities and equity



Aset                                                              Assets
Jumlah aset Perseroan per 31 Desember 2024 sebesar                The Company’s total assets as of December 31, 2024 were
Rp21.774,39 miliar, naik 6,5% dari Rp20.447,45 miliar pada        Rp21,774.39 billion, up 6.5% from Rp20,447.45 billion in the
periode yang sama tahun sebelumnya. Kenaikan jumlah aset          same period the previous year. The increase in total assets was
disebabkan oleh kenaikan aset lancar sebesar 2,6% atau            driven by a 2.6% increase in current assets (Rp343.54 billion)
Rp343,54 miliar dan aset tidak lancar sebesar 13,1% atau          and a 13.1% increase in non-current assets (Rp983.40 billion).
Rp983,40 miliar.




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  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  Komposisi Jumlah Aset, 2023-2024
  Composition of Total Assets, 2023-2024



                                              63%                                                               61%
                                              Aset Lancar                                                       Aset Lancar
                                              Current Assets                                                    Current Assets


              2023                                                              2024
                                              37     %
                                                                                                                39%
                                              Aset Tidak Lancar                                                 Aset Tidak Lancar
                                              Non-current Assets                                                Non-current Assets




  Aset Lancar                                                         Current Assets
  Aset lancar sebesar Rp13.308,10 miliar, naik 2,6% dari              Current assets amounted to Rp13,308.10 billion, up 2.6% from
  Rp12.964,56 miliar pada tahun 2023. Kenaikan aset lancar            Rp12,964.56 billion in 2023. The increase in current assets was
  terutama disebabkan oleh:                                           mainly due to:
  • Taksiran tagihan pajak penghasilan naik 4.412,4% dari             • Estimated claims for tax refund increased by 4,412.4%
      Rp28,90 miliar menjadi Rp1.304,23 miliar.                          from Rp28.90 billion to Rp1,304.23 billion.
  • Pajak dibayar di muka naik 51,4% dari Rp745,55 miliar             • Prepaid taxes increased by 51.4% from Rp745.55 billion to
      menjadi Rp1.128,57 miliar.                                         Rp1,128.57 billion.


  Sebaliknya, terjadi penurunan pada pos-pos berikut:                 Conversely, there was a decrease in the following items:
  • Persediaan - neto turun 11,4% dari Rp8.045,60 miliar              • Inventories - net decreased by 11.4% from Rp8,045.60
     menjadi Rp7.130,92 miliar.                                          billion to Rp7,130.92 billion.
  • Piutang usaha pihak ketiga - neto turun 19,4% dari                • Trade receivables third parties - net decreased by 19.4%
     Rp1.348,15 miliar menjadi Rp1.086,13 miliar.                        from Rp1,348.15 billion to Rp1,086.13 billion.
  • Piutang lain-lain pihak ketiga – neto turun 43,8% dari            • Other receivables from third parties – net decreased by
     Rp664,04 miliar menjadi Rp373,06 miliar.                            43.8% from Rp664.04 billion to Rp373.06 billion.


  Aset Tidak Lancar                                                   Non-Current Assets
  Aset tidak lancar sebesar Rp8.466,29 miliar, naik 13,1% dari        Non-current assets amounted to Rp8,466.29 billion, up 13.1%
  Rp7.482,89 miliar pada tahun 2023. Kenaikan aset tidak lancar       from Rp7,482.89 billion in 2023. The increase in non-current
  terutama disebabkan oleh:                                           assets was mainly due to:
  • Uang muka pembelian aset tetap dan aset takberwujud               • Advances for purchase of fixed assets and intangible assets
      naik 85,8% dari Rp100,49 miliar menjadi Rp186,71 miliar.           increased by 85.8% from Rp100.49 billion to Rp186.71
                                                                         billion.
  •     Aset tetap – neto naik 12,4% dari Rp2.217,10 miliar menjadi   • Fixed assets – net increased by 12.4% from Rp2,217.10
        Rp2.492,67 miliar.                                               billion to Rp2,492.67 billion.
  •     Aset hak guna – neto naik 12,8% dari Rp1.593,84 miliar        • Right-of-use assets – net increased by 12.8% from
        menjadi Rp1.797,06 miliar.                                       Rp1,593.84 billion to Rp1,797.06 billion.
  •     Taksiran tagihan pajak penghasilan naik 22,5% dari            • Estimated claims for tax refunds increased by 22.5% from
        Rp1,906,17 miliar menjadi Rp2.334,85 miliar.                     Rp1,906.17 billion to Rp2,334.85 billion.




140     PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                 erajaya.com
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                                                                                             Analisis & Pembahasan Manajemen
                                                                                             Management Discussion & Analysis




Liabilitas                                                             Liabilities
Jumlah liabilitas Perseroan per 31 Desember 2024 sebesar               The Company’s total liabilities as of December 31, 2024 were
Rp12.316,68 miliar, naik 3,3% dari Rp12.717,00 miliar pada             Rp12,316.68 billion, up 3.3% from Rp12,717.00 billion in the
periode yang sama tahun sebelumnya. Kenaikan jumlah                    same period the previous year. The increase in total liabilities
liabilitas terutama disebabkan oleh kenaikan liabilitas jangka         was primarily due to a 5.3% increase in current liabilities
pendek sebesar 5,3% atau Rp545,66 miliar, sementara liabilitas         (Rp545.66 billion), while non-current liabilities decreased by
jangka panjang turun 7,3% atau Rp145,34 miliar.                        7.3% (Rp145.34 billion).

Komposisi Jumlah Liabilitas, 2023-2024
Composition of Total Liabilities, 2023-2024



                                          84%                                                                     86%
                                          Liabilitas Jangka                                                       Liabilitas Jangka
                                          Pendek                                                                  Pendek

          2023                                                                   2024
                                          Current Liabilities                                                     Current Liabilities



                                          16      %
                                                                                                                  14%
                                          Liabilitas Jangka                                                       Liabilitas Jangka
                                          Panjang                                                                 Pendek
                                          Non-current Liabilities                                                 Current Liabilities



Liabilitas Jangka Pendek                                               Current liabilities
Liabilitas jangka pendek sebesar Rp10.875,98 miliar, naik 5,3%         Current liabilities amounted to Rp10,875.98 billion, up 5.3%
dari Rp10.330,32 miliar pada tahun 2023. Kenaikan liabilitas           from Rp10,330.32 billion in 2023. The increase in current
jangka pendek terutama disebabkan oleh:                                liabilities was mainly due to:
• Utang usaha naik 5,4% dari Rp3.671,37 miliar menjadi                 • Trade payables increased by 5.4% from Rp3,671.37 billion
    Rp3.869,88 miliar.                                                     to Rp3,869.88 billion.
• Utang lain-lain naik 18,0% dari Rp1.404,29 miliar menjadi            • Other payables increased by 18.0% from Rp1,404.29 billion
    Rp1.657,05 miliar.                                                     to Rp1,657.05 billion.
• Utang bank jangka panjang naik 247,8% dari Rp484,17                  • Long-term bank loans increased by 247.8% from Rp484.17
    miliar menjadi Rp1.683,85 miliar.                                      billion to Rp1,683.85 billion.
• Liabilitas sewa naik 45,7% dari Rp427,95 miliar menjadi              • Lease liabilities increased by 45.7% from Rp427.95 billion
    Rp623,46 miliar.                                                       to Rp623.46 billion.


Sebaliknya terjadi penurunan pada pos-pos berikut:                     Conversely, there was a decrease in the following items:
• Utang bank jangka pendek turun 31,0% dari Rp3.962,99                 • Short-term bank loans decreased by 31.0% from
   miliar menjadi Rp2,733,98 miliar.                                      Rp3,962.99 billion to Rp2,733.98 billion.
• Utang pajak turun 57,0% dari Rp237,20 miliar menjadi                 • Taxes payable decreased by 57.0% from Rp237.20 billion
   Rp101,89 miliar.                                                       to Rp101.89 billion.


Liabilitas Jangka Panjang                                              Non-current Liabilities
Liabilitas jangka panjang sebesar Rp1.841,02 miliar, turun 7,3%        Non-current liabilities amounted to Rp1,841.02 billion, down
dari Rp1.986,36 miliar pada tahun 2023. Penurunan liabilitas           7.3% from Rp1,986.36 billion in 2023. The decrease in non-
jangka panjang terutama karena utang jangka panjang, setelah           current liabilities was mainly due to long-term debt, net of
dikurangi bagian yang akan jatuh tempo dalam waktu satu                current maturities - long-term bank loans and lease liabilities,
tahun - utang bank jangka panjang dan liabilitas sewa, secara          in total decreased by 23.2% from Rp1,158.67 billion to
total turun 23,2% dari Rp1.158,67 miliar menjadi Rp889,92              Rp889.92 billion. Conversely, there was an increase in long-
miliar. Sebaliknya, terdapat kenaikan liabilitas imbalan kerja         term employee benefits liabilities, which increased by 43.5%
jangka panjang yang naik 43,5% dari Rp247,93 miliar menjadi            from Rp247.93 billion to Rp335.76 billion.
Rp335,76 miliar.




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         Management Discussion & Analysis




  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  Ekuitas                                                                Equity
  Jumlah ekuitas Perseroan per 31 Desember 2024 sebesar                  The Company’s total equity as of December 31, 2024 was
  Rp9.057,39 miliar, naik 11,4% dibandingkan Rp8.130,77                  Rp9,057.39 billion, up 11.4% from Rp8,130.77 billion in the
  miliar pada periode yang sama tahun 2023. Kenaikan ekuitas             same period in 2023. The addition of Rp764.23 billion in
  terutama disebabkan oleh penambahan saldo laba sebesar                 retained earnings accounted for the majority of the equity
  Rp764,23 miliar.                                                       increase.


  LAPORAN LABA RUGI DAN PENGHASILAN                                      LAPORAN LABA RUGI DAN PENGHASILAN
  KOMPREHENSIF LAIN KONSOLIDASIAN                                        KOMPREHENSIF LAIN KONSOLIDASIAN

  Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
  Consolidated Statement of Profit or Loss and Other Comprehensive Income
                                                                                                         Dalam miliar rupiah kecuali dinyatakan lain
                                                                                                        In billions of rupiah unless otherwise stated

                                                                          Kenaikan (Penurunan)
                      Uraian                  2024          2023            Increase (Decrease)                       Description
                                                                         Nominal           %

      Penjualan neto                          65.279,68     60.139,41       5.140,27              8,5                                   Net sales
      Beban pokok penjualan                  (58.003,95)   (53.691,64)     (4.312,31)             8,0                        Cost of goods sold
      Laba bruto                               7.275,73      6.447,77         827,96            12,8                                Gross profit
      Beban penjualan dan distribusi          (2.995,87)    (2.669,74)       (326,13)           12,2       Selling and distribution expenses
      Beban umum dan administrasi             (2.573,81)    (2.153,14)       (420,67)           19,5              General and administrative
                                                                                                                                  expenses
      Pendapatan lainnya                         441,61        293,20         148,41            50,6                              Other income
      Beban lainnya                              (15,50)       (72,51)         57,01           (78,6)                           Other expenses
      Laba usaha                               2.132,16      1.845,58         286,58            15,5                          Operating profit
      Pendapatan keuangan                         38,29         18,17          20,12           110,7                            Finance income
      Bagian rugi bersih entitas asosiasi         (1,49)       (20,83)         19,34           (92,8)       Share in net loss from associates
      dan ventura bersama                                                                                                  and joint ventures
      Biaya keuangan                            (649,63)      (601,11)        (48,52)             8,1                               Finance cost
      Laba sebelum pajak penghasilan           1.519,33      1.241,81         277,52            22,3                  Profit before income tax
      Beban pajak penghasilan - neto            (399,84)      (384,95)        (14,89)             3,9               Income tax expense – net
      Laba tahun berjalan                      1.119,49        856,86         262,63            30,6                        Profit for the year
      Penghasilan (rugi) komprehensif lain        70,07        (66,01)        136,08        (206,2)     Other comprehensive income (loss)
      tahun berjalan, neto setelah pajak                                                                           for the year, net of tax
      Total penghasilan komprehensif           1.189,56        790,85         398,71            50,4     Total comprehensive income for
      tahun berjalan                                                                                                            the year
      Laba tahun berjalan yang dapat                                                                       Profit for the year attributable to:
      diatribusikan kepada:
        Pemilik entitas induk                  1.032,55        826,05         206,50            25,0       Owners of the parent company
        Kepentingan nonpengendali                 86,94         30,81          56,13           182,2              Non-controlling interests
      Jumlah                                   1.119,49        856,86         262,63            30,6                                        Total
      Total penghasilan komprehensif                                                                    Total comprehensive income for the
      tahun berjalan yang dapat                                                                                       year attributable to:
      diatribusikan kepada:
        Pemilik entitas induk                  1.079,20        778,05         301,15            38,7       Owners of the parent company
        Kepentingan nonpengendali                110,36         12,80          97,56           762,4              Non-controlling interests
      Jumlah                                   1.189,56        790,85         398,71            50,4                                        Total
      Laba per saham dasar yang dapat             65,42         52,34          13,08            25,0                Basic earnings per share
      diatribusikan kepada pemilik entitas                                                              attributable to owners of the parent
      induk (angka penuh)                                                                                             company (full amount)




142      PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                            erajaya.com
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                                                                                          Analisis & Pembahasan Manajemen
                                                                                          Management Discussion & Analysis




              Penjualan                                                         Laba Tahun Berjalan
              Sales                                                             Income of the Year




                8,5%             Per 31 Desember 2024
                                 As of December 31, 2024                          30,6%                   Per 31 Desember 2024
                                                                                                          As of December 31, 2024




      Rp
            65,28                                triliun
                                                 trillion
                                                                        Rp
                                                                              1,12                        triliun
                                                                                                          trillion




Penjualan Neto                                                     Net Sales
Pada tahun 2024, Perseroan membukukan penjualan neto               In 2024, the Company’s net sales totaled Rp65,279.68 billion,
sebesar Rp65.279,68 miliar, tumbuh 8,5% dibandingkan               increasing 8.5% from Rp60,139.41 billion in 2023.
Rp60.139,41 pada tahun 2023.


Penjualan neto Perseroan berasal dari kontribusi segmen            The Cellular Phones and Tablet segment contributed
Telepon Seluler dan Tablet sebesar Rp52.431,06 miliar, naik        Rp52,431.06 billion, up 9.4% from Rp47,913.75 billion; the
9,4% dari Rp47.913,75 miliar, segmen Komputer dan Peralatan        Computers and Other Electronic Devices segment contributed
Elektronik Lainnya sebesar Rp2.638,26 miliar, naik 11,3% dari      Rp2,638.26 billion, up 11.3% from Rp2,370.82 billion; the
Rp2.370,82 miliar, segmen Produk Operator sebesar 1.672,26         Operator Product segment contributed Rp1,672.26 billion,
miliar, turun 42,6% dari Rp2.911,41 miliar, dan segmen             down 42.6% from Rp2,911.41 billion; and the Accessories and
Aksesoris dan Lain-lain sebesar Rp8.538,10 miliar, naik 23.0%      Others segment contributed Rp8,538.10 billion, up 23.0% from
dari Rp6.943,41 miliar pada tahun sebelumnya.                      Rp6,943.41 billion the previous year.

Komposisi Penjualan Neto per Segmen
Composition of Net Sales per Segment



                                          80%                                                                80%
                                          Telepon Selular                                                    Telepon Selular
                                          dan Tablet                                                         dan Tablet

         2023                                                               2024
                                          Cellular phones and                                                Cellular phones and
                                          tablet                                                             tablet



                                          12%                                                                13%
                                          Aksesoris dan                                                      Aksesoris dan
                                          lain-lain                                                          lain-lain
                                          Accesories and others                                              Accesories and others



    5%                           4%                                    3%                           4%
    Produk Operator              Komputer dan Peralatan                Produk Operator              Komputer dan Peralatan
    Operator Product             Elektronik Lainnya                    Operator Product             Elektronik Lainnya
                                 Computer and other electronic                                      Computer and other electronic
                                 devices                                                            devices



Beban Pokok Penjualan                                              Cost of Goods Sold
Beban pokok penjualan sebesar Rp58.003,5 miliar, naik 8,0%         Cost of goods sold amounted to Rp58,003.95 billion, up 8.0%
dari Rp53.691,64 miliar pada tahun sebelumnya sejalan              from Rp53,691.64 billion in the previous year in line with the
dengan kenaikan penjualan.                                         increase in sales.




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         Management Discussion & Analysis




  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  Laba Bruto                                                       Gross Profit
  Perseroan memperoleh laba bruto sebesar Rp7.275,73 miliar,       The Company earned a gross profit of Rp7,275.73 billion, grew
  tumbuh 12,8% dibandingkan Rp6.447,77 miliar pada tahun           12.8% compared to Rp6,447.77 billion in 2023.
  2023.


  Beban Penjualan dan Distribusi                                   Selling and Distribution Expenses
  Beban penjualan dan distribusi naik 12,2% dari Rp2.669,74        Selling and distribution expenses increased by 12.2%, from
  miliar menjadi Rp2.995,87 miliar terutama didorong oleh          Rp2,669.74 billion to Rp2,995.87 billion, owing primarily to an
  kenaikan gaji, depresiasi - aset hak-guna, dan program           increase in salaries, depreciation—right-of-use assets, and
  penjualan melalui kartu kredit yang secara total naik sebesar    credit card sales programs, which totaled Rp261.32 billion, or
  RP261,32 miliar atau 14,4%.                                      14.4%.


  Beban Umum dan Administrasi                                      General and Administrative Expenses
  Beban umum dan administrasi naik 19,5% dari Rp2.153,14           General and administrative expenses rose 19.5%, from
  miliar menjadi Rp2.573,81 miliar. Kenaikan terbesar terjadi      Rp2,153.14 billion to Rp2,573.81 billion. Salaries and employee
  pada gaji dan imbalan kerja yang naik Rp157,18 miliar atau       benefits increased the most, by Rp157.18 billion, or 12.9%, over
  12,9% dibandingkan tahun sebelumnya, penyusutan naik             the previous year; depreciation increased by Rp140.74 billion,
  Rp140,74 miliar atau 44,5%, dan penyisihan penurunan nilai       or 44.5%; and the provision for impairment of receivables—net
  piutang - neto naik Rp110,72 miliar.                             increased by Rp110.72 billion.


  Pendapatan Operasi Lainnya - Neto                                Other Operating Income - Net
  Pendapatan operasi lainnya – neto, naik 93,1% dari Rp220,69      Other operating income—net increased by 93.1% from
  miliar menjadi Rp426,11 miliar didorong oleh kenaikan pada       Rp220.69 billion to Rp426.11 billion, driven by an increase in
  pos dukungan promosi, pendapatan sewa, dan pendapatan            promotion support, rental income, and commissions income,
  komisi yang secara total naik 55,6% dari Rp205,86 miliar         which in total increased by 55.6% from Rp205.86 billion to
  menjadi Rp320,23 miliar.                                         Rp320.23 billion.


  Laba Usaha                                                       Operating Profit
  Laba usaha sebesar Rp2.132,16 miliar, naik 15,5% dari            Operating profit amounted to Rp2,132.16 billion, up 15.5%
  Rp1,845,58 miliar pada tahun 2023.                               from Rp1,845.58 billion in 2023.


  Laba Sebelum Pajak Penghasilan, Beban Pajak                      Profit Before Income Tax Income Tax Expense
  Penghasilan, dan Laba Tahun Berjalan                             and Profit for the Year
  Laba sebelum pajak penghasilan sebesar Rp1.519,33 miliar,        Profit before income tax stood at Rp1,519.33 billion, up 22.3%
  naik 22,3% dari Rp1.241,81 miliar pada tahun 2023. Beban         from Rp1,241.81 billion in 2023. Income tax expense—net
  pajak penghasilan - neto sebesar Rp399,84 miliar, naik 3,9%      totaled Rp399.84 billion, up 3.9% from Rp384.95 billion.
  dari Rp384,95 miliar.


  Perseroan menghasilkan laba tahun berjalan sebesar               The Company made a profit of Rp1,119.49 billion this year,
  Rp1.119,49 miliar, naik 30,6% dibandingkan Rp856,86 miliar       rising 30.6% from Rp856.86 billion in 2023. The parent
  pada tahun 2023. Laba tahun berjalan yang dapat diatribusikan    company’s owners earned Rp1,032.55 billion in profit for the
  kepada pemilik entitas induk sebesar Rp1.032,55 miliar.          year.


  Jumlah Penghasilan              Komprehensif        Tahun        Total Comprehensive Income for the Year
  Berjalan
  Perseroan mencatat penghasilan komprehensif lain                 The Company reported other comprehensive income for the
  tahun berjalan, setelah pajak sebesar Rp70,07 miliar, naik       year, after tax, of Rp70.07 billion, representing an increase
  dibandingkan rugi komprehensif lain sebesar Rp66,01 miliar       from the other comprehensive loss of Rp66.01 billion in 2023.
  pada tahun 2023. Kenaikan ini terutama karena selisih kurs       The increase was primarily attributed to the variance in foreign
  karena penjabaran laporan keuangan sebesar Rp88,07 miliar        currency translation of financial statements amounting to
  (2023: -Rp45,60 miliar).                                         Rp88.07 billion (2023: -Rp45.60 billion).




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                                                                                                Analisis & Pembahasan Manajemen
                                                                                                Management Discussion & Analysis




Dengan demikian, jumlah penghasilan komprehensif                         The total comprehensive income for the year amounted to
tahun berjalan sebesar Rp1.189,56 miliar, naik 50,4% dari                Rp1,189.56 billion, reflecting a 50.4% increase from Rp790.85
Rp790,85 miliar pada tahun 2023 dengan jumlah penghasilan                billion in 2023, with Rp1,079.20 billion attributable to the
komprehensif yang dapat diatribusikan kepada pemilik entitas             owners of the parent entity.
induk sebesar Rp1.079,20 miliar.


LAPORAN ARUS KAS KONSOLIDASIAN                                           STATEMENTS OF CONSOLIDATED CASH FLOWS

Laporan Arus Kas Konsolidasian
Statements of Consolidated Cash Flows
                                                                                                          Dalam miliar rupiah | In billions of rupiah

                                                                           Kenaikan (Penurunan)
               Uraian                     2024             2023              Increase (Decrease)                      Description
                                                                          Nominal           %

 Kas neto yang diperoleh dari               2.239,32          882,34         1.356,98           153,8        Net cash provided by operating
 aktivitas operasi                                                                                                                 activities
 Kas neto yang digunakan untuk             (1.002,98)      (1.207,62)          204,64           (16,9)   Net cash used in investing activities
 aktivitas investasi
 Kas neto yang (digunakan untuk)            (818,67)          685,33        (1.504,00)        (219,5)         Net cash (used in) provided by
 diperoleh dari aktivitas pendanaan                                                                                       financing activities
 Kenaikan neto kas dan setara kas             417,67          360,05            57,62            16,0          Net increase in cash and cash
                                                                                                                                 equivalents
 Efek neto perubahan kurs mata                 32,00           (6,97)           38,97         (559,3)     Net effect of changes in exchange
 uang terhadap kas dan setara kas                                                                        rates on cash and cash equivalents
 Kas dan setara kas pada awal tahun         1.177,97          824,89           353,08            42,8           Cash and cash equivalents at
                                                                                                                           beginning of year
 Kas dan setara kas pada akhir tahun        1.627,64        1.177,97           449,67            38,2      Cash and cash equivalents at End
                                                                                                                                    of year



Posisi kas dan setara kas Perseroan pada akhir tahun 2024                The Company’s cash and cash equivalents position at the end
sebesar Rp1.627,64 miliar, naik 38,2% dibandingkan posisi                of 2024 was Rp1,627.64 billion, up 38.2% compared to the
akhir tahun 2023 sebesar Rp1.177,97 miliar.                              position at the end of 2023 of Rp1,177.97 billion.


Arus Kas dari Aktivitas Operasi                                          Cash Flow from Operating Activities
Arus kas yang diperoleh dari aktivitas operasi terdiri dari              Cash flows generated from operating activities consist of
penerimaan kas dari pelanggan sebesar Rp65.461,88 miliar                 cash receipts from customers of Rp65,461.88 billion (2023:
(2023: Rp59.792,13 miliar). Selain itu, terdapat penerimaan kas          Rp59,792.13 billion). Additionally, there was cash receipts from
dari pendapatan bunga sebesar Rp38,29 miliar (2023: Rp18,17              interest income of Rp38.29 billion (2023: Rp18.17 billion).
miliar).


Sedangkan kas yang digunakan untuk aktivitas operasi terdiri             While cash used for operating activities consists of cash
dari pembayaran kas kepada pemasok dan karyawan sebesar                  payments to suppliers and employees of Rp60,609.79 billion
Rp60.609,79 miliar (2023: Rp57.308,75 miliar), pembayaran                (2023: Rp57,308.75 billion), payment for interest expense of
beban bunga sebesar Rp583,92 miliar (2023: Rp490,34 miliar),             Rp583.92 billion (2023: Rp490.34 billion), and payment for
dan pembayaran pajak penghasilan sebesar Rp2.067,14 miliar               income tax of Rp2,067.14 billion (2023: Rp1,128.87 billion).
(2023: Rp1.128,87 miliar).


Kas neto yang diperoleh dari aktivitas operasi hingga akhir              Net cash provided by operating activities until the end of 2024
tahun 2024 sebesar Rp2.239,32 miliar (2023: Rp882,34 miliar).            amounted to Rp2,239.32 billion (2023: Rp882.34 billion).


Arus Kas dari Aktivitas Investasi                                        Cash Flow from Investing Activities
Arus kas yang diperoleh dari aktivitas investasi terdiri dari hasil      Cash flow provided by investing activities consists of proceeds
penjualan aset tetap sebesar Rp47,88 miliar (2023: Rp1,67                from the sale of fixed assets amounting to Rp47.88 billion
miliar). Pada tahun 2023 Perseroan menerima deviden dari                 (2023: Rp1.67 billion). In 2023, the Company received dividends
entitas asosiasi sebesar Rp2,43 miliar. (2024: 0).                       from associated entities amounting to Rp2.43 billion. (2024: 0).




erajaya.com                                                       PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                   145
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      Analisis & Pembahasan Manajemen
         Management Discussion & Analysis




  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  Arus kas yang digunakan untuk aktivitas investasi dengan nilai   Cash flow used for investing activities with a value above Rp10
  di atas Rp10 miliar terdiri dari pembelian aset takberwujud      billion consists of acquisitions of intangible assets of Rp39.00
  sebesar Rp39,00 miliar (2023: Rp3,46 miliar), penambahan         billion (2023: Rp3.46 billion), additions of right-of-use assets
  aset hak-guna sebesar Rp29,99 miliar (2023: Rp9,79 miliar),      of Rp29.99 billion (2023: Rp9.79 billion), additions of rent of
  penambahan sewa sebesar Rp80,70 miliar (2023: Rp29,12            Rp80.70 billion (2023: Rp29.12 billion), additions of investment
  miliar), penambahan investasi pada entitas asosiasi dan          in an associate and joint ventures of Rp37.82 billion (2023:
  ventura bersama sebesar Rp37,82 miliar (2023: Rp83,70 miliar),   Rp83.70 billion), acquisition of subsidiaries, net of cash
  akuisisi entitas anak, setelah dikurangi kas yang diperoleh      acquired of Rp76.78 billion (2023: 0), and acquisition of fixed
  sebesar Rp76,78 miliar (2023: 0), serta pembelian aset tetap     assets and advances for purchase of fixed assets of Rp772.69
  dan uang muka pembelian aset tetap sebesar Rp772,69 miliar       billion (2023: Rp1,049.80 billion).
  (2023: Rp1.049,80 miliar).


  Kas neto yang digunakan untuk aktivitas investasi hingga         Net cash used for investing activities until the end of 2024
  akhir tahun 2024 sebesar Rp1.002,98 miliar (2023: Rp1.207,62     amounted to Rp1,002.98 billion (2023: Rp1,207.62 billion).
  miliar).


  Arus Kas dari Aktivitas Pendanaan                                Cash Flow from Funding Activities
  Perseroan mencatat penerimaan dari utang bank jangka             The Company recorded proceeds from long-term bank loans
  panjang sebesar Rp963,75 miliar (2023: Rp675,79 miliar) dan      of Rp963.75 billion (2023: Rp675.79 billion) and additions of
  penambahan modal dari kepentingan nonpengendali sebesar          capital from non-controlling interests of Rp6.16 billion.
  Rp6,16 miliar.


  Arus kas yang digunakan untuk aktivitas pendanaan terutama       Cash flows used for financing activities were mainly payments
  adalah pembayaran utang bank jangka pendek sebesar               for short-term bank loans of Rp779.37 billion (2023: 0), lease
  Rp779,37 miliar (2023: 0), pembayaran liabilitas sewa sebesar    liabilities of Rp699.69 billion (2023: Rp761.35 billion), and
  Rp699,69 miliar (2023: Rp761,35 miliar), pembayaran dividen      dividend payments of Rp268.32 billion (2023: Rp299.89 billion).
  sebesar Rp268,32 miliar (2023: Rp299,89 miliar).


  Kas neto yang digunakan untuk aktivitas pendanaan hingga         Net cash used for financing activities until the end of 2024 was
  akhir tahun 2024 sebesar Rp818,67 miliar.                        Rp818.67 billion.


  KEMAMPUAN MEMBAYAR UTANG DAN TINGKAT                             SOLVENCY AND RECEIVABLES COLLECTIBILITY
  KOLEKTABILITAS PUTANG

  Kemampuan Membayar Utang                                         Solvency
  Kemampuan Perseroan untuk melunasi kewajiban jangka              The Company’s ability to pay off long-term and short-term
  panjang maupun jangka pendek tercermin dari tingkat              obligations is reflected in its level of liquidity and solvency.
  likuiditas dan solvabilitasnya. Oleh karena itu, Perseroan       Therefore, the Company continuously controls the soundness
  senantiasa melakukan pengendalian tingkat kesehatan              level of the Company’s finances by calculating the liquidity and
  keuangan Perseroan dengan melakukan perhitungan terhadap         solvency ratios.
  rasio likuiditas dan solvabilitas.


  Rasio Likuiditas                                                 Liquidity Ratio
  Rasio likuiditas digunakan untuk mengukur kemampuan              The liquidity ratio measures the Company’s ability to pay off
  Perseroan untuk melunasi kewajiban jangka pendeknya yang         its short-term obligations that will mature. In this regard, the
  akan jatuh tempo. Tingkat likuiditas Perseroan dapat dilihat     Company’s liquidity level can be indicated from the Current
  dari perhitungan Rasio Lancar dan Rasio Kas.                     Ratio and Cash Ratio calculation.




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                       Rasio                         2024                2023                              Ratio

 Rasio Lancar                                               1,22x               1,26x                                    Current Ratio
 Rasio Kas                                                  0,16x               0,17x                                       Cash Ratio



Rasio lancar turun dari 1,26x pada tahun 2023 menjadi 1,22x         The current ratio declined from 1.26x in 2023 to 1.22x,
karena liabilitas jangka pendek naik 5,3% sementara aset            primarily due to a 5.3% increase in current liabilities, while
lancar hanya naik 2,6% dibandingkan tahun sebelumnya.               current assets grew by only 2.6% compared to the previous
Sedangkan rasio kas turun dari 1,17x menjadi 0,16x karena           year. Meanwhile, the cash ratio fell from 1.17x to 0.16x, as cash
jumlah kas dan setara kas relatif tetap.                            and cash equivalents remained relatively stable.


Meskipun terjadi penurunan, rasio lancar di atas 1,00               Despite this decline, a current ratio above 1.00 indicates that
mengindikasikan bahwa Perseroan mampu memenuhi                      the Company remains capable of meeting its short-term
kewajiban jangka pendeknya dengan aset lancar yang dimiliki.        obligations using its current assets.


Rasio Solvabilitas                                                  Solvency Ratio
Rasio solvabilitas digunakan untuk mengukur kemampuan               The solvency ratio measures the Company’s ability to meet
Perseroan dalam memenuhi kewajiban utang jangka                     long-term debt obligations. The Company’s solvency level is
panjangnya. Tingkat solvabilitas Perseroan dihitung dengan          assessed using the following key ratios:
rasio-rasio berikut:



                       Rasio                         2024                2023                              Ratio

 Rasio Utang Terhadap Ekuitas (DER)                         1,40x               1,51x                              Debt to Equity Ratio
 Rasio Utang Terhadap Aset (DAR)                            0,58x               0,60x                              Debt to Assets Ratio


Rasio utang terhadap ekuitas sebesar 1,40x, turun                   The debt-to-equity ratio (DER) decreased to 1.40x from 1.51x
dibandingkan 1,51x pada tahun 2023. Sedangkan rasio utang           in 2023, while the debt-to-asset ratio (DAR) declined to 0.58x
terhadap aset sebesar 0,58x, lebih rendah dari 0,60x pada           from 0.60x in the previous year. This decrease was driven by
tahun sebelumnya. Penurunan ini terjadi karena jumlah               an 11.4% increase in total equity and a 6.5% rise in total assets,
ekuitas Perseroan naik 11,4% dan jumlah aset naik 6,5%.             whereas total liabilities grew by only 3.3%.
Sementara liabilitas hanya naik 3,3%.


Nilai DER dan DAR di bawah 1,00 mengindikasikan bahwa               With DER and DAR values below 1.00, the Company maintains
Perseroan memiliki utang yang lebih kecil dari modal (ekuitas)      a lower debt level relative to its equity and assets, indicating
dan jumlah aset yang dimiliki. Tidak ada kesulitan bagi             strong financial stability. The Company faces no difficulties in
Perseroan untuk mengendalikan utang-utangnya dengan                 managing its debt obligations given its robust equity and asset
ekuitas dan aset yang dimiliki.                                     base.


Rasio Profitabilitas                                                Profitability Ratio
Rasio Profitabilitas digunakan untuk menganalisis kemampuan         The profitability ratio evaluates the Company’s ability to
Perseroan dalam menghasilkan laba selama periode tertentu           generate profits over a specific period and provides insight
dan juga memberikan gambaran tentang tingkat efektivitas            into management’s effectiveness in executing operational
manajemen dalam melaksanakan kegiatan operasinya.                   activities.



                       Rasio                         2024                2023                              Ratio

 Marjin Laba Bruto                                       11,15%              10,72%                                Gross Profit Margin
 Marjin Laba Bersih                                         1,71%               1,42%                                Net Profit Margin
 Imbal Hasil Ekuitas                                     12,36%              10,54%                                   Return on Equity
 Imbal Hasil Aset                                           5,14%               4,19%                                 Return on Assets




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  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  Tingkat Kolektabilitas Piutang                                       Receivables Collectability
  Piutang Perseroan adalah piutang yang timbul atas kegiatan           The Company’s receivables are those arising from business
  bisnis sehingga kolektabilitas piutang Perseroan tergantung          activities, and their collectability is determined by each
  dari jadwal pembayaran masing-masing debitur. Periode rata-          debtor’s payment schedule. The average collection period for
  rata penagihan piutang selama tahun 2024 adalah 6 hari.              receivables in 2024 is 6 days.


  STRUKTUR MODAL DAN KEBIJAKAN STRUKTUR                                CAPITAL STRUCTURE AND CAPITAL STRUCTURE
  MODAL                                                                POLICY

  Kebijakan Struktur Modal                                             Capital Structure Policy
  Tujuan utama pengelolaan modal Perseroan adalah untuk                The primary objective of the Company’s capital management
  memastikan pemeliharaan rasio modal yang sehat untuk                 is to ensure that it maintains healthy capital ratios in order
  mendukung usaha, pemeringkat pinjaman yang kuat, dan                 to support its business, strong credit ratings, and maximize
  memaksimalkan imbalan bagi pemegang saham.                           shareholder value.


  Struktur Modal                                                       Capital Structure
  Perseroan mengelola struktur permodalan dan melakukan                The Company manages its capital structure and adjusts it
  penyesuaian, bila diperlukan, berdasarkan perubahan kondisi          to reflect changes in economic conditions. To maintain or
  ekonomi. Untuk memelihara dan menyesuaikan struktur                  adjust the capital structure, the Company may adjust dividend
  permodalan, Perseroan dapat menyesuaikan pembayaran                  payments to shareholders, issue new shares, or seek debt
  dividen kepada pemegang saham, menerbitkan saham baru,               financing. The Company monitors the level of capital using
  atau mengusahakan pendanaan melalui pinjaman. Perseroan              financial ratios such as the Company’s interest-bearing debt-
  memantau tingkat permodalan dengan menggunakan ukuran                to-equity ratio, which should not exceed 2 (two) times.
  rasio keuangan seperti rasio total utang yang berbeban bunga
  terhadap total ekuitas tidak lebih dari 2 (dua) kali.


  Rasio total utang yang berbeban bunga terhadap total ekuitas         The Company’s interest-bearing debt to equity ratio is as
  Perseroan adalah sebagai berikut:                                    follows:

                                                                                                        Dalam miliar rupiah | In billions of rupiah

                             Rasio                     2024                2023                                 Ratio

      Utang bank jangka pendek                            2.733,99             3.962,99                               Short-term bank loans
      Utang lain-lain - pihak ketiga                          107,16              414,43                        Other payables - third party
      Bagian utang jangka panjang yang jatuh tempo        2.307,31                912,17              Current maturities of long-term debt
      dalam waktu satu tahun
      Utang jangka panjang setelah dikurangi bagian       1.463,24             1.713,25         Long-term debt - net of current maturities
      yang jatuh tempo dalam satu tahun
      Jumlah utang yang berbeban bunga                    6.611,70             7.002,84                          Total interest bearing debt
      Jumlah ekuitas                                      9.057,39             8.130,77                                            Total equity
      Rasio utang yang berbeban bunga terhadap                  0,73                0,86   Interest bearing debt to equity ratio (unaudited)
      ekuitas (tidak diaudit)



  INVESTASI BARANG MODAL                                               CAPITAL GOODS INVESTMENT
  Realisasi investasi barang modal pada tahun 2024 sebesar             The realization of capital goods investment in 2024 was
  Rp687,55 miliar, turun 32,7% dari investasi barang modal             Rp687.55 billion, down 32.7% from capital goods investment in
  tahun 2023 sebesar Rp1.021,97 miliar. Sumber dana yang               2023 of Rp1,021.97 billion. The source of funds used for capital
  digunakan untuk investasi barang modal berasal dari kas              goods investment came from the Company’s internal cash and
  internal perusahaan dan pinjaman bank.                               bank loans.




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                                                                                                                            Nilai Perolehan (Rp miliar)
                    Jenis Investasi                                           Tujuan Investasi                              Acquisition Value (billion Rp)
                   Investment Type                                          Investment Purpose
                                                                                                                             2024                     2023

 Bangunan dan prasarana                                    Pembelian aset tetap operasional                                         507,57                   722,62
 Building and improvements                                 Acquisitions of operational fixed assets
 Kendaraan                                                                                                                            3,06                     1,81
 Vehicles
 Peralatan kantor dan outlet                                                                                                         97,81                   190,99
 Office and outlet equipments
 Mesin                                                                                                                                7,75                     2,07
 Machineries
 Perlengkapan dan perabot                                                                                                            71,36                   104,48
 Furniture and fixtures
 Jumlah | Total                                                                                                                     687,55               1.021,97

Catatan|Note:
Investasi aset bangunan dan prasarana termasuk aset dalam penyelesaian, yakni pembangunan renovasi dari bangunan milik entitas anak yang akan selesai dan diestimasi
akan selesai pada tahun 2025 (kemajuan proyek saat ini antara 30-90%).
Investment in building and improvements assets includes assets in progress, namely the renovation of buildings owned by subsidiaries, which will be completed and is
estimated to be completed in 2025 (current project progress is between 30-90%).



IKATAN MATERIAL UNTUK INVESTASI BARANG                                               MATERIAL   COMMITMENT                                FOR         CAPITAL
MODAL                                                                                EXPENDITURE
Pada tahun 2024 Perseroan tidak melakukan ikatan yang                                In 2024 the Company had no material commitment to capital
material atas investasi barang modal.                                                expenditure investment.


INFORMASI DAN FAKTA MATERIAL YANG TERJADI                                            SUBSEQUENT MATERIAL INFORMATION AND
SETELAH TANGGAL LAPORAN AKUNTAN                                                      FACT AFTER ACCOUNTANT REPORTING DATE

1. Pendirian PT Era Dealer Otomotif                                                  1. Establishment of PT Era Dealer Otomotif
   Pada tanggal 5 Maret 2025, Perseroan melalui SES                                     On March 5, 2025, the Company through SES, established
   mendirikan PT Era Diealer Otomotif (EDO) di mana SES                                 PT Era Dealer Otomotif (EDO), where SES has 99.99%
   memiliki 99,99% kepemilikan pada EDO dengan modal yang                               ownership in EDO with capital contributed by SES
   disetorkan oleh SES sebesar Rp24.999.000,000 Sedangkan                               amounting to Rp24,999,000,000, while capital contribution
   setoran modal dari kepentingan nonpengendali sebesar                                 from non-controlling interests amounted to Rp1,000,000.
   Rp1.000.000.


2. Pendirian PT Chagee Era Indonesia                                                 2. Establishment of PT Chagee Era Indonesia
   Pada tanggal 12 Februari 2025, Perseroan dan Tea Explorer                            On February 12, 2025, the Company and Tea Explorer Pte.
   Pte. Ltd. mendirikan PT Chagee Era Indonesia melalui EBN,                            Ltd. established PT Chagee Era Indonesia through EBN,
   di mana EBN memiliki 40% kepemilikan pada PT Chagee                                  where EBN has 40% ownership in PT Chagee Era Indonesia.
   Era Indonesia.


3. Perubahan Komposisi Dewan Komisaris dan Direksi                                   3. Changes in the Composition of the Board of
                                                                                        Commissioners and Board of Directors
    Berdasarkan Keputusan RUPSLB tanggal 19 Maret                                       Based on the Resolution of the EGMS dated March 19, 2025,
    2025, susunan Dewan Komisaris dan Direksi Perseroan                                 the composition of the Company’s Board of Commissioners
    mengalami perubahan. Susunan Dewan Komisaris dan                                    and Board of Directors has changed. The new composition
    Direksi yang baru diungkapkan di bagian Profil Perusahaan                           of the Board of Commissioners and Board of Directors is
    di dalam Laporan Tahunan ini.                                                       disclosed in the Company Profile section in this Annual
                                                                                        Report.


PROSPEK USAHA                                                                        BUSINESS PROSPECT
Bahasan mengenai prospek usaha disajikan pada bagian                                 Discussion regarding business prospects is presented in the
“Tinjauan Operasional.”                                                              “Operational Review” section.




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  Tinjauan Keuangan
  FINANCIAL OVERVIEW




  PERBANDINGAN ANTARA TARGET DAN                                    COMPARISON BETWEEN TARGETS AND
  REALISASI TAHUN 2024 DAN PROYEKSI TAHUN                           REALIZATION IN 2024 AND PROJECTION IN
  2025                                                              2025

  Target dan Pencapaian 2024                                        2024 Target and Achievement
  Saat ini Perseroan mempertimbangkan untuk tidak                   Currently, the Company has opted not to disclose operational
  mengungkapkan target-target operasional dan keuangan              and financial targets to the public, considering the intensified
  kepada publik mengingat tingkat kompetisi yang ketat dengan       competition in the Indonesian market, particularly in the
  banyaknya brand lokal maupun internasional yang hadir             fashion and sports apparel sector, where both local and
  di pasar Indonesia, terutama di sektor fashion dan sports         international brands compete, including for prime retail
  apparel, termasuk persaingan dalam mendapatkan lokasi yang        locations.
  strategis.


  Strategi Perseroan untuk memperkuat posisi ritel Perseroan        The Company’s strategy to strengthen its retail presence and
  dan melanjutkan momentum pertumbuhan yang signifikan,             sustain strong growth momentum led to robust revenue
  menghasilkan kinerja pendapatan yang kuat pada 2024.              performance in 2024. The company managed to record
  Perseroan berhasil mencatatkan peningkatan pendapatan             a double-digit increase in revenue. The company’s net
  double digit. Perseroan penjualan neto sebesar Rp65.279,68        sales amounted to Rp65,279.68 billion, growing 8.5% from
  miliar, tumbuh 8,5% dari Rp60.139,41 miliar pada tahun            Rp60,139.41 billion in 2023. Profit for the year grew 30.6%
  2023. Laba tahun berjalan tumbuh 30,6% dari Rp856,86 miliar       from Rp856.86 billion to Rp1,119.49 billion.
  menjadi Rp1.119,49 miliar.


  Proyeksi 2025                                                     2025 Projection
  Perseroan belum dapat mengungkapkan target-target                 The Company is currently unable to disclose its performance
  kinerja. Perseroan memproyeksikan peningkatan pendapatan          targets. However, it projects revenue growth driven by the
  seiring dengan ekspansi jaringan toko ritel. Perseroan akan       expansion of its retail store network. To support this, the
  memaksimalkan potensi merek ritel yang dimiliki serta             Company will maximize the potential of its retail brands
  menjangkau target pasar yang relevan dan tepat sasaran.           and enhance market penetration by targeting relevant and
                                                                    strategic customer segments.


  Perseroan optimis dan berharap kondisi ekonomi yang kondusif      The Company remains optimistic about 2025 and anticipates
  di tahun 2025, sehingga Perseroan dapat meningkatkan kinerja      favorable economic conditions that will support further
  usaha lebih baik lagi. Fokus Perseroan pada tahun 2025 adalah     business growth. The primary focus for 2025 is expanding the
  ekspansi jaringan ritel untuk memperkuat kehadiran pasar          retail network to strengthen market presence while driving
  dan mendorong pertumbuhan toko-toko yang sudah dimiliki           growth in existing stores through product optimization and an
  melalui optimalisasi produk dan perluasan ragam produk.           expanded product portfolio.


  Perseroan telah menyiapkan beberapa strategi, terutama            For the handset business, the Company has outlined strategic
  untuk bisnis handset, dengan fokus pada pembukaan toko            initiatives, particularly the establishment of street-level stores
  di street level di area yang belum sepenuhnya terjangkau.         in underserved areas. Additionally, the Company will optimize
  Perseroan juga akan mengoptimalkan portofolio produk,             its product portfolio by tailoring offerings based on store type
  menyesuaikannya dengan jenis dan lokasi toko yang akan            and location.
  dibuka.


  Selain itu, Perseroan juga fokus untuk memperluas jaringan        Furthermore, the Company is committed to expanding its
  bisnis yang masih dalam tahap pengembangan, seperti active        business segments that are still in the development phase,
  & lifestyle dan F&B, terutama di area pusat perbelanjaan, serta   such as active lifestyle and F&B. This includes increasing its
  menambah brand baru yang memiliki potensi besar di pasar          presence in shopping malls and introducing new brands with
  Indonesia.                                                        strong potential in the Indonesian market.




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ASPEK PEMASARAN                                                    MARKETING ASPECTS

Strategi Pemasaran                                                 Marketing Strategy
Strategi pemasaran Perseroan difokuskan pada konsep                The Company’s marketing strategy is based on the omnichannel
omnichannel di mana kampanye pemasaran dilakukan secara            concept, in which we run both offline and online marketing
offline dan online dengan menawarkan beragam promosi               campaigns, offering various promotions and easy shopping for
serta kemudahan berbelanja untuk berbagai produk yang              the various products we provide to customers.
ditawarkan.


Konsep pemasaran ini diperkuat dengan peningkatan                  This marketing concept is reinforced by enhanced capabilities
kapabilitas dan penawaran melalui laman e-commmerce                and offerings through the e-commerce site eraspace.com, as
eraspace.com, maupun kerja sama dengan berbagai platform           well as collaborations with various marketplace platforms.
marketplace. Perseroan berupaya untuk terus mendapatkan            The Company continues to strive to gain up-to-date insights
informasi terkini tentang kebutuhan maupun aspirasi para           into customer needs and aspirations through the operation of
pelanggan melalui pengoperasian Myeraspace bersama induk,          Myeraspace, in collaboration with the parent company, which
yang saat ini telah memiliki hampir 10 juta anggota.               currently has nearly 10 million members.


Penetrasi Pasar Baru                                               New Market Penetration
Perseroan terus memperluas cakupan pasar baik dari sisi            The Company continues to expand its market reach by
produk (penambahan varian produk) maupun penambahan                introducing new product variants and growing its retail network.
jaringan ritel. Saat ini, pengembangan difokuskan pada             Currently, its expansion efforts are focused on penetrating
penetrasi pasar di Pulau Jawa. Perseroan memanfaatkan              the market in Java Island, leveraging the development of new
keberadaan pusat-pusat perbelanjaan baru di sejumlah kota          shopping centers in several second-tier cities to maximize
lapis kedua untuk memaksimalkan potensi merek ritel yang           the potential of its retail brands and engage a more targeted
dimiliki serta menjangkau target pasar yang relevan dan            customer base. This strategy aligns with the Company’s vision
tepat sasaran. Hal ini sejalan dengan fokus Perseroan untuk        of offering premium lifestyle products tailored to the upper-
menyediakan berbagai produk gaya hidup di segmen kelas             middle-class segment, with a particular focus on millennials
menengah-atas khususnya generasi milenial dan gen Z.               and Gen Z consumers.


Perseroan mengembangkan jaringan ritel untuk portofolio            The Company develops retail networks for its portfolios such
yang dimiliki seperti iBox, Samsung, erafone multibrand,           as iBox, Samsung, erafone multibrand, Erablue, ASICS, Garmin,
Erablue, ASICS, Garmin, DJI, JDSport, Paris Baguette, dan Grand    DJI, JDSport, Paris Baguette, and Grand Lucky. By the end of
Lucky. Sampai akhir tahun 2024, Perseroan memiliki 2.194           2024, the Company has 2,194 retail store networks spread
jaringan toko ritel yang tersebar di Indonesia, Malaysia, dan      across Indonesia, Malaysia, and Singapore, supported by more
Singapura, didukung oleh lebih dari 80 pusat distribusi serta      than 80 distribution centers and more than 50,000 resellers in
lebih dari 50.000 reseller di Indonesia.                           Indonesia.


Kerja Sama Strategis                                               Strategic Cooperation
Perseroan menjalin kerja sama dengan mitra-mitra bisnis            The Company will continue to explore collaboration
yang memiliki reputasi global. Perseroan meyakini, populasi        opportunities with globally renowned business partners. With
Indonesia yang didominasi oleh usia produktif merupakan            Indonesia’s large and growing market, driven by a young and
potensi pasar yang besar dan akan terus berkembang.                productive population, the Company sees significant potential
                                                                   for sustained expansion.


Selain itu, perkembangan gaya hidup digital yang semakin           Additionally, the rapid adoption of digital lifestyles, particularly
luas, terutama di kalangan muda yang memanfaatkan                  among younger generations who integrate digital technology
teknologi digital dalam berbagai aspek kehidupan sehari-hari,      into various aspects of daily life, is an opportunity for the
menjadi peluang bagi Perseroan untuk menghadirkan produk-          Company to present high-end digital products of international
produk digital high-end dari principal merk internasional untuk    brand principals for the Indonesian people.
masyarakat Indonesia.


Strategi Harga                                                     Pricing Strategy
Ketidakpastian ekonomi, inflasi, dan perubahan daya beli           Economic uncertainty, inflation, and shifts in consumer
konsumen sangat berpengaruh bagi bisnis ritel. Perseroan           purchasing power significantly impact the retail industry. As
sebagai pemain ritel terkemuka menawarkan berbagai produk          a leading retail player, the Company offers a diverse range
dengan rentang harga yang bervariasi untuk menjangkau              of products across various price points to cater to all market
semua segmen pasar.                                                segments.



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  Saat ini, pasar handset dipenuhi dengan berbagai model           The handset market is currently saturated with numerous
  dan fitur yang disesuaikan dengan kebutuhan konsumen.            models and features designed to meet consumer needs.
  Preferensi konsumen adalah telepon pintar yang menawarkan        Consumers increasingly prefer smartphones that offer the best
  value for money - harga terjangkau tetapi memiliki fitur dan     value for money—affordable prices without compromising on
  kualitas premium. Hal ini menjadi tantangan bagi Perseroan       premium features and quality. To address this challenge, the
  untuk terus menghadirkan produk yang kompetitif melalui          Company remains focused on delivering competitive products
  kerja sama dengan pemasok brand yang relevan dengan target       by collaborating with brand suppliers that align with its target
  pasar Perseroan.                                                 market.


  Saluran Pengaduan Pelanggan                                      Customer Complaints Channel
  Komitmen Perseroan untuk memberikan pelayanan yang               The Company’s commitment to delivering the best service to
  terbaik kepada konsumen juga termasuk memberikan                 consumers involves providing quick and proper responses to
  tanggapan yang cepat dan tepat terhadap semua keluhan dan        all consumer complaints in accordance with applicable internal
  pengaduan konsumen sesuai dengan prosedur internal yang          procedures. All criticism and input should serve as subjects of
  berlaku. Semua kritik dan masukan menjadi bahan evaluasi         evaluation in order to run a better business in the future.
  demi kepentingan perbaikan pengelolaan bisnis di masa
  depan.


  Perseroan menyediakan kanal pengaduan resmi yang dapat           The Company operates an official complaint channel for
  dimanfaatkan oleh para konsumen dalam menyampaikan               consumers to submit complaints about the services and
  keluhan atas pelayanan maupun produk yang dijual, yaitu          products we sell through:
  melalui:




                  9.00 - 18.00 WIB
                                                                          E-mail: customercare@erajaya.com
                                                                          Contact Center: 1500372
                                                                          Whatsapp: 0812 9077 7722
                  Kecuali Hari Libur Nasional                             Layanan Erica (chatbox 24 jam,
                  Except Public Holidays                                  Whatsapp atau | or e-mail)




  DIVIDEN DAN KEBIJAKAN DIVIDEN                                    DIVIDEND AND DIVIDEND POLICY

  Kebijakan Dividen                                                Dividend Policy
  Seluruh saham biasa atas nama yang telah ditempatkan dan         All ordinary bearer shares that have been issued and fully
  disetor penuh mempunyai hak yang sama dan sederajat              paid up are entitled to the same and equal rights, including
  termasuk hak atas pembagian dividen.                             receiving dividends.


  Sesuai dengan peraturan perundang-undangan Indonesia,            In accordance with Indonesian laws and regulations, especially
  khususnya UUPT, keputusan pembayaran dividen mengacu             the Company Law, the decision to pay dividends refers to
  pada ketentuan-ketentuan yang terdapat pada Anggaran             the provisions stipulated under the Company’s Articles of
  Dasar Perseroan dan persetujuan pemegang saham                   Association and shareholder approval at the GMS based on
  pada RUPS berdasarkan rekomendasi Direksi Perseroan.             the recommendation of the Company’s Directors. Dividend
  Pembayaran dividen hanya dapat dilakukan apabila Perseroan       payments can only be made if the Company posts a positive
  mencatatkan laba bersih yang positif.                            net profit.


  Perseroan membagikan dividen kas kepada pemegang saham           The Company distributes cash dividends to the Company’s
  Perseroan setelah melakukan pencadangan laba bersih              shareholders after earmarking certain reserves for net profit in
  sesuai ketentuan yang berlaku dan dengan memperhatikan           accordance with applicable regulations with due consideration
  keputusan para pemegang saham dalam RUPS.                        of shareholders’ decisions at the GMS.




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Penentuan jumlah dan pembagian dividen tersebut akan               The amount of dividends to be distributed depends on the
bergantung pada rekomendasi Direksi Perseroan dengan               recommendations of the Company’s Board of Directors with
mempertimbangkan beberapa faktor yang meliputi antara              due consideration given to, e.g., the following factors:
lain:
• Laba ditahan, hasil usaha dan keuangan, kondisi keuangan,        •    Retained earnings, business and financial results, financial
    kondisi likuiditas, prospek usaha di masa depan (termasuk           condition, liquidity, business outlook (including capital
    belanja modal dan akuisisi), kebutuhan kas, kesempatan              expenditures and acquisitions), cash requirements,
    bisnis;                                                             business opportunities;
• Pembagian dividen oleh Entitas Anak kepada Perseroan;            •    Distribution of dividends by Subsidiaries to the Company;
    dan                                                                 and
• Faktor-faktor lain yang dianggap relevan oleh Direksi.           •    Other factors deemed relevant by the Board of Directors.


Direksi Perseroan dapat melakukan perubahan kebijakan              The Company’s Board of Directors can make changes to
dividen setiap waktu, dengan tunduk pada persetujuan dari          the dividend policy at any time, subject to approval from
pemegang saham melalui RUPS.                                       shareholders through the GMS.


Apabila keputusan telah dibuat untuk membayar dividen,             Once a decision to pay out dividends is made, the payment
dividen tersebut akan dibayar dalam Rupiah. Pemegang saham         shall be made in Rupiah. Shareholders of the Company on a
Perseroan pada suatu tanggal tertentu akan berhak menerima         certain date will be entitled to receive cash dividends in the
dividen kas sejumlah yang telah disetujui secara penuh yang        fully approved amount from which income tax is first deducted
akan dipotong pajak penghasilan sesuai ketentuan yang              pursuant to all applicable regulations.
berlaku.


Tidak ada negative covenant yang dapat menghambat                  There have been no negative covenants that would otherwise
Perseroan untuk melakukan pembagian dividen kepada                 prevent the Company from distributing dividends to
pemegang saham.                                                    shareholders.


Pembagian Dividen 2 Tahun Terakhir                                 Dividend Distribution in the Last 2 Years
RUPST tahun buku 2023 yang diselenggarakan pada tanggal            The fiscal year 2023 AGMS, held on June 19, 2024, approved
19 Juni 2024 dalam keputusannya terkait dividen tahun buku         a cash dividend distribution of Rp17 per share, or a total of
2023 menyetujui pembagian dividen tunai sebesar Rp17               Rp268,319,243,300.00 before tax, to be paid on 15,783,484,900
setiap saham atau seluruhnya sebesar Rp268.319.243.300,00          shares, and authorized the Board of Directors to take all
sebelum pajak, yang akan dibayarkan atas 15.783.484.900            actions related to the dividend distribution.
saham dan memberikan kuasa kepada Direksi untuk
melakukan segala tindakan sehubungan dengan pembagian
dividen tersebut.


RUPST tahun buku 2022 yang diselenggarakan pada tanggal            The fiscal year 2022 AGMS, held on June 30, 2023, approved
30 Juni 2023 dalam keputusannya terkait dividen tahun buku         the cash dividend distribution of Rp19 per share, or a total of
2022 menyetujui pembagian dividen tunai sebesar Rp19 setiap        Rp299,886,213,100 before tax, to be paid on 15,783,484,900
saham atau seluruhnya sebesar Rp299.886.213.100 sebelum            shares, and authorized the Board of Directors to take all
pajak, yang akan dibayarkan atas 15.783.484.900 saham dan          actions related to the dividend distribution.
memberikan kuasa kepada Direksi untuk melakukan segala
tindakan sehubungan dengan pembagian dividen tersebut.



                                                      Jumlah Dividen
                                 Dividen per Saham
 Tahun Buku     Interim/Final                           (Rp miliar)           Tanggal Pembayaran        Rasio Pembayaran Dividen
                                 Dividend per Share
  Fiscal Year    Interim/Final                         Total Dividend            Payment Date              Dividend Payout Ratio
                                        (Rp)
                                                         (Rp billion)

    2023            Final                17               268,32                   19 Juli 2024                    24%
                                                                                  July 19, 2024
    2022            Final                19               299,89                 3 Agustus 2023                    35%
                                                                                 August 3, 2023




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  REALISASI PENGGUNAAN DANA HASIL                                              REALIZATION OF THE USE OF PROCEEDS FROM
  PENAWARAN UMUM                                                               PUBLIC OFFERING
  Per 31 Desember 2024, tidak ada saldo dana hasil penawaran                   As of December 31, 2024, there was no balance of proceeds
  umum. Seluruh dana hasil penawaran umum sudah digunakan                      from the public offering. All proceeds from the public offering
  sesuai dengan rencana penggunaan dana yang disetujui                         have been used in accordance with the plan for the use of
  pemegang saham.                                                              funds approved by shareholders.


  INFORMASI MATERIAL MENGENAI                                                  MATERIAL INFORMATION REGARDING
  INVESTASI, EKSPANSI, DIVESTASI,                                              INVESTMENT, EXPANSION, DIVESTMENT,
  PENGGABUNGAN/ PELEBURAN USAHA,                                               BUSINESS MERGER/ CONSOLIDATION,
  AKUISISI, RESTRUKTURISASI UTANG/ MODAL,                                      ACQUISITION, DEBT/ CAPITAL
  TRANSAKSI MATERIAL, TRANSAKSI AFILIASI,                                      RESTRUCTURING, MATERIAL TRANSACTIONS,
  DAN TRANSAKSI BENTURAN KEPENTINGAN                                           AFFILIATED TRANSACTIONS, AND CONFLICTS
                                                                               OF INTEREST TRANSACTIONS

  Investasi, Ekspansi, Akuisisi, Transaksi Material,                           Investments, Expansions, Acquisitions, Material
  dan Transaksi Afiliasi                                                       Transactions and Affiliate Transactions
  Sepanjang tahun 2024, Perseroan melakukan 21 (dua puluh                      Throughout 2024, the Company carried out 21 (twenty one)
  satu) transaksi material terkait investasi, ekspansi, akuisisi,              material transactions related to investment, expansion,
  transaksi material, dan transaksi afiliasi yang dijabarkan pada              acquisition, material transactions, and affiliated transactions
  tabel berikut.                                                               as described in the following table.



                                                          Pihak-          Hubungan antara
             Jenis Transaksi                            pihak yang            Pihak yang
                                 Tanggal Transaksi                                                  Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi          Bertransaksi
                                 Date of Transaction                                               Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the    Relationship between
                                                       Transactions     the Transacting Parties

       1.   Transaksi afiliasi     2 Januari 2024      PT Era Prima     PT Era Prima Indonesia     Informasi ini dibuat    Meningkatnya modal
                                                       Indonesia        merupakan salah satu       sehubungan dengan       kerja PT Era Prima
                                                       dengan PT Era    perusahaan terkendali      transaksi afiliasi      Medika.
                                                       Prima Medika     Perseroan dengan           antara PT Era Prima
                                                                        kepemilikan langsung       Indonesia dan PT
                                                                        99,999% sahamnya           Era Prima Medika
                                                                        dimiliki oleh Perseroan.   yaitu pengambilan
                                                                                                   saham-saham baru
                                                                        PT Era Prima Medika        yang dikeluarkan
                                                                        merupakan salah satu       oleh PT Era Prima
                                                                        perusahaan afiliasi        Medika, yang mana
                                                                        Perseroan yang 99%         dilakukan oleh PT
                                                                        sahamnya dimiliki oleh     Era Prima Indonesia
                                                                        PT Era Prima Indonesia,    melalui penyetoran
                                                                        salah satu perusahaan      tambahan modal PT
                                                                        terkendali Perseroan       Era Prima Medika
                                                                        dengan kepemilikan         untuk digunakan
                                                                        langsung 99,999%           sebagai modal kerja
                                                                        sahamnya dimiliki oleh     PT Era Prima Medika.
                                                                        Perseroan.




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                                                   Pihak-            Hubungan antara
        Jenis Transaksi                          pihak yang              Pihak yang
                          Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                             Bertransaksi            Bertransaksi
                          Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                           Parties on the      Relationship between
                                                Transactions       the Transacting Parties
       Affiliated           January 2, 2024     PT Era Prima      PT Era Prima               This information is     Increased working capital
       transaction                              Indonesia with    Indonesia is one of the    made in connection      of PT Era Prima Medika.
                                                PT Era Prima      Company's controlled       with the affiliate
                                                Medika            companies with direct      transaction
                                                                  ownership of 99.999%       between PT Era
                                                                  of its shares owned by     Prima Indonesia
                                                                  the Company.               and PT Era Prima
                                                                                             Medika, namely the
                                                                  PT Era Prima Medika is     acquisition of new
                                                                  one of the Company's       shares issued by PT
                                                                  affiliated companies       Era Prima Medika,
                                                                  with 99% of its shares     which was carried
                                                                  owned by PT Era Prima      out by PT Era Prima
                                                                  Indonesia, one of the      Indonesia through
                                                                  Company's controlled       additional capital
                                                                  companies with direct      deposits of PT Era
                                                                  ownership of 99.999%       Prima Medika to
                                                                  of its shares owned by     be used as working
                                                                  the Company.               capital of PT Era
                                                                                             Prima Medika.
  2.   Perpanjangan          28 Mei 2024        PT Erajaya        -                          Untuk melaksanakan      Program MESOP akan
       Program MESOP                            Swasembada                                   perpanjangan            dilakukan melalui
                                                Tbk                                          pelaksanaan program     pengalihan sebagian
                                                                                             kepemilikan saham       saham treasuri yang
                                                                                             Perseroan oleh          diperoleh dari kegiatan
                                                                                             Manajemen dan           pembelian kembali saham
                                                                                             Karyawan sebanyak       oleh Perseroan. Oleh
                                                                                             51.540.500 (lima        karena itu, pelaksanaan
                                                                                             puluh satu juta lima    Program MESOP ini tidak
                                                                                             ratus empat puluh       menimbulkan dampak
                                                                                             ribu lima ratus)        dilusi kepada pemegang
                                                                                             lembar saham.           saham atas kepemilikan
                                                                                                                     saham mereka dalam
                                                                                                                     Perseroan, dikarenakan
                                                                                                                     saham-saham yang akan
                                                                                                                     dimasukkan ke dalam
                                                                                                                     Program MESOP bukan
                                                                                                                     merupakan saham baru
                                                                                                                     yang akan dikeluarkan
                                                                                                                     dari portepel Perseroan.
       MESOP Program         May 28, 2024       PT Erajaya        -                          To implement the        The MESOP program
       Extension                                Swasembada                                   extension of the        will be carried out
                                                Tbk                                          Company's share         through the transfer of
                                                                                             ownership program       a portion of treasury
                                                                                             by Management           shares obtained from the
                                                                                             and Employees           Company's share buyback
                                                                                             amounting to            activities. Therefore,
                                                                                             51,540,500 (fifty one   the implementation of
                                                                                             million five hundred    this MESOP Program
                                                                                             forty thousand five     does not have a dilution
                                                                                             hundred) shares.        impact on shareholders
                                                                                                                     of their share ownership
                                                                                                                     in the Company, because
                                                                                                                     the shares that will be
                                                                                                                     included in the MESOP
                                                                                                                     Program are not new
                                                                                                                     shares that will be issued
                                                                                                                     from the Company's
                                                                                                                     portfolio.




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                                                          Pihak-           Hubungan antara
             Jenis Transaksi                            pihak yang             Pihak yang
                                 Tanggal Transaksi                                                    Tujuan Transaksi           Dampak Kejadian
      No.        Type of                               Bertransaksi           Bertransaksi
                                 Date of Transaction                                                 Goals of Transactions     Impacts of Transactions
               Transaction                             Parties on the     Relationship between
                                                       Transactions      the Transacting Parties
       3.   Transaksi afiliasi       2 Juli 2024       Erajaya Digital   Erajaya Digital Pte.        Informasi ini dibuat     Meningkatnya
                                                       Pte.Ltd. dan      Ltd. merupakan              sehubungan dengan        modal kerja Erajaya
                                                       Erajaya           perusahaan terafiliasi      Transaksi Afiliasi       Swasembada Pte. Ltd.
                                                       Swasembada        perseroan dengan            antara Erajaya Digital
                                                       Pte. Ltd.         kepemilikan tidak           Pte.Ltd. dan Erajaya
                                                                         langsung melalui            Swasembada Pte.
                                                                         Erajaya Holding             Ltd. yaitu Penyetoran
                                                                         Pte.Ltd. sebesar            Tambahan Modal
                                                                         100% dan Erajaya            dalam rangka
                                                                         Swasembada Pte.Ltd.         meningkatkan
                                                                         adalah perusahaan           modal kerja Erajaya
                                                                         terafiliasi Perseroan       Swasembada Pte. Ltd.
                                                                         dengan kepemilikan
                                                                         tidak langsung melalui
                                                                         Erajaya Digital Pte.Ltd.
                                                                         sebesar 100%.
            Affiliated               July 2, 2024      Erajaya Digital   Erajaya Digital Pte. Ltd.   This information is      Increased working capital
            transaction                                Pte.Ltd. and      is an affiliated company    made in connection       of Erajaya Swasembada
                                                       Erajaya           of the Company with         with the Affiliate       Pte.Ltd.
                                                       Swasembada        indirect ownership          Transaction between
                                                       Pte. Ltd.         through Erajaya             Erajaya Digital Pte.
                                                                         Holding Pte. Ltd. of        Ltd. and Erajaya
                                                                         100% and Erajaya            Swasembada Pte.Ltd.
                                                                         Swasembada Pte. Ltd.        namely Additional
                                                                         is an affiliated company    Capital Deposit in
                                                                         of the Company with         order to increase the
                                                                         indirect ownership          working capital of
                                                                         through Erajaya Digital     Erajaya Swasembada
                                                                         Pte. Ltd. of 100%.          Pte.Ltd.
       4.   Perubahan                3 Juli 2024       Erajaya Digital   -                           Pengambilan alihan       Era Tech Communication
            pemegang saham                             Pte. Ltd. dan                                 saham Era Tech           Pte. Ltd. dimiliki 100%
                                                       Tan Peng                                      Communication            oleh Erajaya Digital Pte.
                                                       Herng Terence                                 Pte. Ltd. milik Tan      Ltd.
                                                                                                     Peng Herng Terence
                                                                                                     oleh Erajaya Digital
                                                                                                     Pte. Ltd yang
                                                                                                     mengakibatkan
                                                                                                     perubahan susunan
                                                                                                     pemegang saham Era
                                                                                                     Tech Communication
                                                                                                     Pte. Ltd.
            Change of                July 3, 2024      Erajaya Digital   -                           The acquisition of Era   Era Tech Communication
            shareholders                               Pte. Ltd. and                                 Tech Communication       Pte. Ltd. is 100% owned
                                                       Tan Peng                                      Pte. Ltd. shares         by Erajaya Digital Pte. Ltd.
                                                       Herng Terence                                 owned by Tan Peng
                                                                                                     Herng Terence
                                                                                                     by Erajaya Digital
                                                                                                     Pte. Ltd. resulted
                                                                                                     in changes in
                                                                                                     the shareholder
                                                                                                     composition of Era
                                                                                                     Tech Communication
                                                                                                     Pte. Ltd.




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                                                     Pihak-            Hubungan antara
        Jenis Transaksi                            pihak yang              Pihak yang
                            Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                               Bertransaksi            Bertransaksi
                            Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                             Parties on the      Relationship between
                                                  Transactions       the Transacting Parties
 5.    Pengambilalihan       27 Agustus 2024      PT Erajaya        PT Erafone Arta            Pengambilalihan         Saham PT Era Sukses
       saham                                      Swasembada        Retalindo merupakan        saham PT Era Sukses     Abadi yang dimiliki
                                                  Tbk, PT           perusahaan yang            Abadi yang dimiliki     oleh PT Erafone Artha
                                                  Erafone Artha     dikendalikan               oleh PT Erafone         Retailinfo, PT Teletama
                                                  Retailindo,       oleh Perseroan             Artha Retailinfo,       Artha Mandiri, dan
                                                  PT Teletama       (kepemilikan langsung)     PT Teletama Artha       PT Data Citra Mandiri
                                                  Artha Mandiri,    sebesar 99,82%,            Mandiri, dan PT Data    diambilalih oleh PT
                                                  dan PT Data       PT Teletama Artha          Citra Mandiri oleh PT   Erajaya Swasembada Tbk.
                                                  Citra Mandiri     Mandiri merupakan          Erajaya Swasembada
                                                                    perusahaan afiliasi dari   Tbk.
                                                                    Perseroan (kepemilikan
                                                                    tidak langsung) sebesar
                                                                    99,99%, PT Data Citra
                                                                    Mandiri merupakan
                                                                    perusahaan afiliasi dari
                                                                    Perseroan (kepemilikan
                                                                    tidak langsung)
                                                                    sebesar 99,99%
                                                                    dan PT Era Sukses
                                                                    Abadi merupakan
                                                                    perusahaan yang
                                                                    dikendalikan oleh
                                                                    Perseroan (kepemilikan
                                                                    langsung) sebesar
                                                                    46,93%.
       Share acquisition     August 27, 2024      PT Erajaya        PT Erafone Arta            The acquisition         The shares of PT Era
                                                  Swasembada        Retalindo is a             of shares of PT         Sukses Abadi which were
                                                  Tbk, PT           company controlled         Era Sukses Abadi        owned by PT Erafone
                                                  Erafone Artha     by the Company             which are owned         Artha Retailinfo, PT
                                                  Retailindo,       (direct ownership) of      by PT Erafone           Teletama Artha Mandiri,
                                                  PT Teletama       99.82%, PT Teletama        Artha Retailinfo,       and PT Data Citra Mandiri
                                                  Artha Mandiri,    Artha Mandiri is an        PT Teletama Artha       were taken over by PT
                                                  and PT Data       affiliated company of      Mandiri, and PT Data    Erajaya Swasembada Tbk.
                                                  Citra Mandiri     the Company (indirect      Citra Mandiri by PT
                                                                    ownership) of 99.99%,      Erajaya Swasembada
                                                                    PT Data Citra Mandiri is   Tbk.
                                                                    an affiliated company
                                                                    of the Company
                                                                    (indirect ownership)
                                                                    of 99.99% and PT
                                                                    Era Sukses Abadi is a
                                                                    company controlled by
                                                                    the Company (direct
                                                                    ownership) of 46.93%.
 6.    Transaksi afiliasi    21 Oktober 2024      PT Sinar Eka      PT Sinar Eka Selaras       Penyetoran              Tidak ada dampak
                                                  Selaras Tbk       Tbk merupakan              tambahan modal          material terhadap
                                                  dan               Perusahaan terafiliasi     dalam rangka            kegiatan operasional,
                                                  PT MST Golf       oleh Perseroan             mempertahankan          aspek hukum, atau
                                                  Indonesia         (kepemilikan langsung)     kepemilikan modal       kondisi keuangan
                                                                    dengan kepemilikan         Perseroan pada PT       SES akibat kejadian,
                                                                    saham sebesar 80,00%,      MST Golf Indonesia.     informasi, atau fakta
                                                                    dan PT MST Golf                                    material ini. Transaksi
                                                                    Indonesia merupakan                                penyertaan modal ini
                                                                    perusahaan terafiliasi                             dilakukan semata-mata
                                                                    oleh Perseroan                                     untuk mempertahankan
                                                                    (kepemilikan tidak                                 kepemilikan PT Sinar Eka
                                                                    langsung) melalui                                  Selaras Tbk di PT MST
                                                                    PT Sinar Eka Selaras                               Golf Indonesia.
                                                                    Tbk saat ini sebesar
                                                                    49,00%.




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                                                          Pihak-          Hubungan antara
             Jenis Transaksi                            pihak yang            Pihak yang
                                 Tanggal Transaksi                                                 Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi          Bertransaksi
                                 Date of Transaction                                              Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the    Relationship between
                                                       Transactions     the Transacting Parties
            Affiliated            October 21, 2024     PT Sinar Eka     PT Sinar Eka Selaras      Additional capital      There is no material
            transaction                                Selaras Tbk      Tbk is a Company          deposit in order        impact on SES's
                                                       and              affiliated with the       to maintain the         operational activities,
                                                       PT MST Golf      Company (direct           Company's capital       legal aspects, or
                                                       Indonesia.       ownership) with           ownership in PT MST     financial condition due
                                                                        share ownership of        Golf Indonesia.         to this material event,
                                                                        80.00%, and PT MST                                information, or fact.
                                                                        Golf Indonesia is a                               This capital carticipation
                                                                        Company affiliated with                           transaction is carried
                                                                        the Company (indirect                             out solely to maintain PT
                                                                        ownership) through PT                             Sinar Eka Selaras Tbk's
                                                                        Sinar Eka Selaras Tbk                             ownership in PT MST Golf
                                                                        currently at 49.00%.                              Indonesia.
       7.   Pembentukan           29 Oktober 2024      PT Era Sukses    PT Era Sukses             Para Pihak yang         Dengan dibentuknya
            usaha patungan                             Abadi            Abadi merupakan           bertransaksi            perusahaan patungan
                                                       dan PT           perusahaan terkendali     telah membentuk         akan memberikan
                                                       Perjuangan       dengan kepemilikan        suatu perusahaan        dampak pada
                                                       Anak Muda        langsung oleh             patungan yang           bertambahnya lini
                                                                        Perseroan dengan          diberikan nama PT       bisnis yang dimiliki oleh
                                                                        kepemilikan 99,99%.       Mitra Belanja Selalu.   Perseroan.
                                                                        Tidak terdapat
                                                                        hubungan afiliasi
                                                                        diantara Para Pihak
                                                                        dalam transaksi ini.
            Establishment of a    October 29, 2024     PT Era Sukses    PT Era Sukses Abadi is    The parties to the      The formation of a joint
            joint venture                              Abadi            a controlled company      transaction have        venture will have an
                                                       and PT           with direct ownership     formed a joint          impact on increasing the
                                                       Perjuangan       by the Company with       venture company         business lines owned by
                                                       Anak Muda        99.99% ownership.         named PT Mitra          the Company.
                                                                        There is no affiliate     Belanja Selalu.
                                                                        relationship between
                                                                        the Parties in this
                                                                        transaction.




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                                                   Pihak-            Hubungan antara
        Jenis Transaksi                          pihak yang              Pihak yang
                          Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                             Bertransaksi            Bertransaksi
                          Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                           Parties on the      Relationship between
                                                Transactions       the Transacting Parties
 8.    Perubahan          22 November 2024      JD Sports         PT Sinar Eka Selaras       Perjanjian Jual-Beli    Setelah rangkaian proses
       pemegang saham                           Fashion Plc.,     Tbk merupakan              Saham PT JDSports       peralihan selesai, JD UK
                                                PT Sinar Eka      perusahaan terkendali      Fashion Indonesia       tidak akan lagi menjadi
                                                Selaras Tbk,      dengan kepemilikan         dan PT JDSports         pemegang saham di
                                                PT JDSports       langsung oleh              Fashion Distribution.   JDFI dan JDFD, sehingga
                                                Fashion           Perseroan dengan                                   kepemilikan penuh
                                                Indonesia, dan    kepemilikan 80%. Tidak                             atas JDFI dan JDFD akan
                                                PT JDSports       terdapat hubungan                                  berada di bawah kendali
                                                Fashion           afiliasi antara Penjual                            SES. Perubahan ini juga
                                                Distribution      dan para pembeli                                   akan berdampak pada
                                                                  dalam transaksi ini.                               posisi keuangan SES,
                                                                                                                     di mana JDFI dan JDFD
                                                                                                                     akan masuk ke dalam
                                                                                                                     konsolidasi laporan
                                                                                                                     keuangan SES.

                                                                                                                     Dari perspektif bisnis,
                                                                                                                     kemitraan dengan JD
                                                                                                                     UK akan terus berlanjut
                                                                                                                     melalui kerja sama
                                                                                                                     waralaba antara JDFI,
                                                                                                                     dan JD UK yang mana
                                                                                                                     Perjanjian Waralaba nya
                                                                                                                     berlaku efektif pada
                                                                                                                     tanggal 21 November
                                                                                                                     2024 setelah rangkaian
                                                                                                                     proses selesai. Kerja
                                                                                                                     sama ini diharapkan
                                                                                                                     dapat memberikan
                                                                                                                     manfaat strategis,
                                                                                                                     sekaligus memastikan
                                                                                                                     keberlanjutan operasional
                                                                                                                     dan pengembangan
                                                                                                                     bisnis JDSports di
                                                                                                                     Indonesia.
       Change of          November 22, 2024     JD Sports         PT Sinar Eka Selaras       Share Sale and          Once the transition
       shareholders                             Fashion Plc.,     Tbk is a controlled        Purchase Agreement      process is complete,
                                                PT Sinar Eka      company with direct        of PT JDSports          JD UK will no longer be
                                                Selaras Tbk,      ownership by the           Fashion Indonesia       a shareholder in JDFI
                                                PT JDSports       Company with 80%           and PT JDSports         and JDFD, so that full
                                                Fashion           ownership. There is no     Fashion Distribution.   ownership of JDFI and
                                                Indonesia, and    affiliate relationship                             JDFD will be under the
                                                PT JDSports       between the Seller                                 control of SES. This
                                                Fashion           and the Buyers in this                             change will also have an
                                                Distribution      transaction.                                       impact on SES' financial
                                                                                                                     position, where JDFI and
                                                                                                                     JDFD will be included in
                                                                                                                     the consolidated financial
                                                                                                                     statements of SES.

                                                                                                                     From a business
                                                                                                                     perspective, the
                                                                                                                     partnership with JD UK
                                                                                                                     will continue through a
                                                                                                                     franchise cooperation
                                                                                                                     between JDFI and JD UK,
                                                                                                                     where the Franchise
                                                                                                                     Agreement will be
                                                                                                                     effective on November
                                                                                                                     21, 2024 after the process
                                                                                                                     is completed. This
                                                                                                                     cooperation is expected
                                                                                                                     to provide strategic
                                                                                                                     benefits, while ensuring
                                                                                                                     the sustainability of
                                                                                                                     JDSports' operations and
                                                                                                                     business development in
                                                                                                                     Indonesia.




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                                                          Pihak-           Hubungan antara
             Jenis Transaksi                            pihak yang             Pihak yang
                                 Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi           Bertransaksi
                                 Date of Transaction                                                Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the     Relationship between
                                                       Transactions      the Transacting Parties
       9.   Pembentukan          26 November 2024      PT Sinar Eka      PT Sinar Eka Selaras       Membentuk               Dengan dibentuknya
            usaha patungan                             Selaras dan PT    Tbk merupakan              suatu perusahaan        perusahaan patungan
                                                       Kukuh Mandiri     perusahaan terkendali      patungan yang           akan memberikan
                                                       Lestari           dengan kepemilikan         diberikan nama PT       dampak pada
                                                                         langsung oleh              Aero Inovasi Media      bertambahnya lini bisnis
                                                                         Perseroan dengan           ("AIM")                 yang dimiliki oleh PT Sinar
                                                                         kepemilikan 80%. Tidak                             Eka Selaras Tbk.
                                                                         terdapat hubungan
                                                                         afiliasi diantara Para
                                                                         Pihak dalam transaksi
                                                                         ini.
            Establishment of a   November 26, 2024     PT Sinar Eka      PT Sinar Eka Selaras       To estalish a joint     The formation of the
            joint venture                              Selaras and PT    Tbk is a controlled        venture company         joint venture will have an
                                                       Kukuh Mandiri     company with direct        named PT Aero           impact on increasing the
                                                       Lestari           ownership by the           Inovasi Media ("AIM")   business lines owned by
                                                                         Company with 80%                                   PT Sinar Eka Selaras Tbk.
                                                                         ownership. There is no
                                                                         affiliate relationship
                                                                         between the Parties in
                                                                         this transaction.
      10.   Transaksi afiliasi   23 Desember 2024      Afiliasi PT Era   PT Era Boga Nusantara      Penyetoran              Tidak ada dampak
                                                       Boga Kari dan     merupakan salah satu       tambahan modal PT       material terhadap
                                                       PT Era Boga       Perusahaa Terkendali       Era Boga Kari           kegiatan operasional,
                                                       Nusantara         Perseroan yang                                     aspek hukum, atau
                                                                         99,9997 sahamnya                                   kondisi keuangan
                                                                         dimiliki oleh Perseroan.                           Perseroan akibat
                                                                                                                            kejadian, informasi,
                                                                         PT Era Boga kari                                   atau fakta material ini.
                                                                         merupakan salah satu                               Transaksi penyertaan
                                                                         Perusahaa Afiliasi                                 modal ini dilakukan
                                                                         Perseroan yang 70,00%                              semata-mata untuk
                                                                         sahamnya dimiliki oleh                             mempertahankan
                                                                         PT Era Boga Nusantara,                             kepemilikan Perseroan di
                                                                         salah satu Perusahaan                              Era Boga Kari.
                                                                         Terkendali Perseroan
                                                                         yang 99,9997%
                                                                         sahamnya dimiliki oleh
                                                                         Perseroan.
            Affiliated           December 23, 2024     Afiliasi PT Era   PT Era Boga                Additional capital      There is no material
            transaction                                Boga Kari and     Nusantara is one           deposit of PT Era       impact on the Company's
                                                       PT Era Boga       of the Company's           Boga Kari.              operational activities,
                                                       Nusantara         Controlled Companies                               legal aspects, or
                                                                         whose shares are                                   financial condition due
                                                                         99.9997 owned by the                               to this material event,
                                                                         Company.                                           information, or fact.
                                                                                                                            This capital participation
                                                                         PT Era Boga kari is                                transaction is carried out
                                                                         one of the Company's                               solely to maintain the
                                                                         Affiliated Companies                               Company's ownership in
                                                                         whose shares are                                   Era Boga Kari.
                                                                         70.00% owned by PT
                                                                         Era Boga Nusantara,
                                                                         one of the Company's
                                                                         Controlled Companies
                                                                         whose shares are
                                                                         99.9997% owned by
                                                                         the Company.




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                                                     Pihak-            Hubungan antara
        Jenis Transaksi                            pihak yang              Pihak yang
                            Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                               Bertransaksi            Bertransaksi
                            Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                             Parties on the      Relationship between
                                                  Transactions       the Transacting Parties
 11.   Transaksi afiliasi   23 Desember 2024      PT Mitra          MBH merupakan salah        Penyetoran              Tidak ada dampak
                                                  Belanja Halal     satu perusahaan afiliasi   tambahan modal          material terhada kegiatan
                                                  dan PT Belanja    Perseroan yang 90%         dalam rangka            operasional, aspek
                                                  Anda              sahamnya dimiliki          mempertahankan          hukum, atau kondisi
                                                                    oleh MBA, salah satu       kepemilikan             keuangan Perseroan
                                                                    perusahaan afiliasi        Perseroan melalui       akibat kejadian,
                                                                    Perseroan yang 51%         MBA pada MBH.           informasi, atau fakta
                                                                    sahamnya dimiliki oleh                             material ini. Transaksi
                                                                    PT Era Boga Nusantara                              penyertaan modal ini
                                                                    (“EBN”), salah satu                                dilakukan semata-mata
                                                                    perusahaan terkendali                              untuk mempertahankan
                                                                    Perseroan yang 99,99%                              kepemilikan Perseroan
                                                                    sahamnya dimiliki oleh                             di MBH.
                                                                    Perseroan.

                                                                    MBA merupakan salah
                                                                    satu perusahaan afiliasi
                                                                    Perseroan yang 51%
                                                                    sahamnya dimiliki
                                                                    oleh EBN, salah satu
                                                                    perusahaan terkendali
                                                                    Perseroan yang 99,99%
                                                                    sahamnya dimiliki oleh
                                                                    Perseroan.
       Affiliated           December 23, 2024     PT Mitra          MBH is one of the          Additional capital      There is no material
       transaction                                Belanja Halal     Company's affiliated       deposit in order        impact on the Company's
                                                  and PT Belanja    companies, 90% of          to maintain             operational activities,
                                                  Anda              whose shares are           the Company's           legal aspects, or
                                                                    owned by MBA, one          ownership through       financial condition due
                                                                    of the Company's           MBA at MBH.             to this material event,
                                                                    affiliated companies,                              information, or fact.
                                                                    51% of whose shares                                This capital participation
                                                                    are owned by PT                                    transaction is carried out
                                                                    Era Boga Nusantara                                 solely to maintain the
                                                                    ("EBN"), one of the                                Company's ownership in
                                                                    Company's controlled                               MBH.
                                                                    companies, 99.99%
                                                                    of whose shares
                                                                    are owned by the
                                                                    Company.

                                                                    MBA is one of the
                                                                    Company's affiliated
                                                                    companies, 51% of
                                                                    whose shares are
                                                                    owned by EBN, one
                                                                    of the Company's
                                                                    controlled companies,
                                                                    99.99% of whose
                                                                    shares are owned by
                                                                    the Company.
 12.   Transaksi Afiliasi   23 Desember 2024      PT Sinar          EGI merupakan salah        Penyetoran              Tidak ada dampak
                                                  Eka Selaras       satu perusahaan            tambahan modal EGI      material terhadap
                                                  Tbk dan PT        afiliasi Perseroan yang                            kegiatan operasional,
                                                  Era Gaya          99,99997% sahamnya                                 aspek hukum, atau
                                                  Indonesia         dimiliki oleh SES, salah                           kondisi keuangan
                                                                    satu perusahaan                                    Perseroan akibat
                                                                    terkendali Perseroan                               kejadian, informasi,
                                                                    yang sahamnya 80%                                  atau fakta material ini.
                                                                    sahamnya dimiliki oleh                             Transaksi penyertaan
                                                                    Perseroan.                                         modal ini dilakukan
                                                                                                                       semata-mata untuk
                                                                    SES merupakan salah                                mempertahankan
                                                                    satu perusahaan                                    kepemilikan Perseroan
                                                                    terkendali Perseroan                               di EGI.
                                                                    yang 80% sahamnya
                                                                    dimiliki oleh Perseroan.




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                                                          Pihak-          Hubungan antara
             Jenis Transaksi                            pihak yang            Pihak yang
                                 Tanggal Transaksi                                                  Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi          Bertransaksi
                                 Date of Transaction                                               Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the    Relationship between
                                                       Transactions     the Transacting Parties
            Affiliated           December 23, 2024     PT Sinar         EGI is one of the          Additional capital      There is no material
            transaction                                Eka Selaras      Company's affiliated       deposit in EGI          impact on the Company's
                                                       Tbk and PT       companies, 99.99997%                               operational activities,
                                                       Era Gaya         of whose shares are                                legal aspects, or
                                                       Indonesia        owned by SES, one                                  financial condition due
                                                                        of the Company's                                   to this material event,
                                                                        controlled companies,                              information, or fact.
                                                                        80% of whose shares                                This capital participation
                                                                        are owned by the                                   transaction is carried out
                                                                        Company.                                           solely to maintain the
                                                                                                                           Company's ownership
                                                                        SES is one of the                                  in EGI.
                                                                        Company's controlled
                                                                        companies, 80%
                                                                        of whose shares
                                                                        are owned by the
                                                                        Company.
      13.   Transaksi Afiliasi   30 Desember 2024      PT Era Prima     EPI merupakan salah        Penyetoran              Tidak ada dampak
                                                       Indonesia dan    satu perusahaan            tambahan modal ECI      material terhadap
                                                       PT Era Caring    terkendali Perseroan                               kegiatan operasional,
                                                                        dengan kepemilikan                                 aspek hukum, atau
                                                                        langsung 99,999%                                   kondisi keuangan
                                                                        sahamnya dimiliki oleh                             Perseroan akibat
                                                                        Perseroan.                                         kejadian, informasi,
                                                                                                                           atau fakta material ini.
                                                                        ECI merupakan salah                                Transaksi penyertaan
                                                                        satu perusahaan afiliasi                           modal ini dilakukan
                                                                        Perseroan yang 49,90%                              semata-mata untuk
                                                                        sahamnya dimiliki                                  mempertahankan
                                                                        oleh EPI, salah satu                               kepemilikan Perseroan
                                                                        perusahaan terkendali                              di ECI.
                                                                        Perseroan dengan
                                                                        kepemilikan langsung
                                                                        99,999% sahamnya
                                                                        dimiliki oleh Perseroan.
            Affiliated           December 30, 2024     PT Era Prima     EPI is one of the          Additional capital      There is no material
            transaction                                Indonesia and    Company's controlled       deposit in ECI          impact on the Company's
                                                       PT Era Caring    companies with direct                              operational activities,
                                                                        ownership of 99.999%                               legal aspects, or
                                                                        of its shares owned by                             financial condition due
                                                                        the Company.                                       to this material event,
                                                                                                                           information, or fact.
                                                                        ECI is one of the                                  This capital participation
                                                                        Company's affiliated                               transaction is carried out
                                                                        companies with 49.90%                              solely to maintain the
                                                                        of its shares owned                                Company's ownership
                                                                        by EPI, one of the                                 in ECI.
                                                                        Company's controlled
                                                                        companies with direct
                                                                        ownership of 99.999%
                                                                        of its shares owned by
                                                                        the Company.
      14.   Transaksi Afiliasi   30 Desember 2024      PT Erajaya       EPI merupakan salah        Penyetoran              Tidak ada dampak
                                                       Swasembada       satu Perusahaan            tambahan modal EPI      material terhadap
                                                       Tbk dan PT       Terkendali Perseroan                               kegiatan operasional,
                                                       Era Prima        dengan kepemilikan                                 aspek hukum, atau
                                                       Indonesia        langsung 99,999%                                   kondisi keuangan
                                                                        sahamnya dimiliki oleh                             Perseroan akibat
                                                                        Perseroan.                                         kejadian, informasi,
                                                                                                                           atau fakta material ini.
                                                                                                                           Transaksi penyertaan
                                                                                                                           modal ini dilakukan
                                                                                                                           semata-mata untuk
                                                                                                                           mempertahankan
                                                                                                                           kepemilikan Perseroan
                                                                                                                           di EPI.




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                                                     Pihak-            Hubungan antara
        Jenis Transaksi                            pihak yang              Pihak yang
                            Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                               Bertransaksi            Bertransaksi
                            Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                             Parties on the      Relationship between
                                                  Transactions       the Transacting Parties
       Affiliated           December 30, 2024     PT Erajaya        EPI is one of the          Additional capital      There is no material
       transaction                                Swasembada        Company's Controlled       deposit in EPI          impact on the Company's
                                                  Tbk and PT        Companies with                                     operational activities,
                                                  Era Prima         99.999% of its shares                              legal aspects, or
                                                  Indonesia         directly owned by the                              financial condition due
                                                                    Company.                                           to this material event,
                                                                                                                       information, or fact.
                                                                                                                       This capital participation
                                                                                                                       transaction is carried out
                                                                                                                       solely to maintain the
                                                                                                                       Company's ownership
                                                                                                                       in EPI.
 15.   Transaksi afiliasi   30 Desember 2024      PT Era Prima      EPI merupakan salah        Penyetoran              Tidak ada dampak
                                                  Indonesia dan     satu perusahaan            tambahan modal          material terhadap
                                                  PT Era Prima      terkendali Perseroan       EPM                     kegiatan operasional,
                                                  Medika            dengan kepemilikan                                 aspek hukum, atau
                                                                    langsung 99,999%                                   kondisi keuangan
                                                                    sahamnya dimiliki oleh                             Perseroan akibat
                                                                    Perseroan.                                         kejadian, informasi,
                                                                                                                       atau fakta material ini.
                                                                    EPM merupakan salah                                Transaksi penyertaan
                                                                    satu perusahaan afiliasi                           modal ini dilakukan
                                                                    Perseroan yang 99,99%                              semata-mata untuk
                                                                    sahamnya dimiliki                                  mempertahankan
                                                                    oleh EPI, salah satu                               kepemilikan Perseroan
                                                                    perusahaan terkendali                              di EPM.
                                                                    Perseroan dengan
                                                                    kepemilikan langsung
                                                                    99,999% sahamnya
                                                                    dimiliki oleh Perseroan.
       Affiliated           December 30 2024      PT Era Prima      EPI is one of the          Additional capital      There is no material
       transaction                                Indonesia dan     Company's controlled       deposit in EPM          impact on the Company's
                                                  PT Era Prima      companies with direct                              operational activities,
                                                  Medika            ownership of 99.999%                               legal aspects, or
                                                                    of its shares owned by                             financial condition due
                                                                    the Company.                                       to this material event,
                                                                                                                       information, or fact.
                                                                    EPM is one of the                                  This capital participation
                                                                    Company's affiliated                               transaction is carried out
                                                                    companies with 99.99%                              solely to maintain the
                                                                    of its shares owned                                Company's ownership
                                                                    by EPI, one of the                                 in EPM.
                                                                    Company's controlled
                                                                    companies with direct
                                                                    ownership of 99.999%
                                                                    of its shares owned by
                                                                    the Company.
 16.   Transaksi afiliasi   30 Desember 2024      PT Erajaya        EBN merupakan salah        Penyertaan              Tidak ada dampak
                                                  Swasembada        satu perusahaan            tambahan modal EBN      material terhadap
                                                  Tbk dan PT        terkendali Perseroan                               kegiatan operasional,
                                                  Era Boga          dengan kepemilikan                                 aspek hukum, atau
                                                  Nusantara         langsung 99,999%                                   kondisi keuangan
                                                                    sahamnya dimiliki oleh                             Perseroan akibat
                                                                    Perseroan.                                         kejadian, informasi,
                                                                                                                       atau fakta material ini.
                                                                                                                       Transaksi penyertaan
                                                                                                                       modal ini dilakukan
                                                                                                                       semata-mata untuk
                                                                                                                       mempertahankan
                                                                                                                       kepemilikan Perseroan
                                                                                                                       di EBN.




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                                                          Pihak-          Hubungan antara
             Jenis Transaksi                            pihak yang            Pihak yang
                                 Tanggal Transaksi                                                 Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi          Bertransaksi
                                 Date of Transaction                                              Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the    Relationship between
                                                       Transactions     the Transacting Parties
            Affiliated           December 30, 2024     PT Erajaya       EBN is one of the         Additional capital      There is no material
            transaction                                Swasembada       Company's controlled      deposit in EBN          impact on the Company's
                                                       Tbk and PT       companies with                                    operational activities,
                                                       Era Boga         99.999% of its shares                             legal aspects, or
                                                       Nusantara        directly owned by the                             financial condition due
                                                                        Company.                                          to this material event,
                                                                                                                          information, or fact.
                                                                                                                          This capital participation
                                                                                                                          transaction is carried out
                                                                                                                          solely to maintain the
                                                                                                                          Company's ownership
                                                                                                                          in EBN.
      17.   Transaksi afiliasi   30 Desember 2024      PT Era Boga      EBN merupakan salah       Tambahan modal          Tidak ada dampak
                                                       Pretzel dan      satu perusahaan           dalam rangka            material terhadap
                                                       PT Era Boga      terkendali Perseroan      mempertahankan          kegiatan operasional,
                                                       Nusantara        yang 99,9997%             kepemilikan             aspek hukum, atau
                                                                        sahamnya dimiliki oleh    Perseroan melalui       kondisi keuangan
                                                                        Perseroan.                EBN pada EBPRETZ        Perseroan akibat
                                                                                                                          kejadian,
                                                                        EBPRETZ merupakan                                 informasi, atau fakta
                                                                        salah satu perusahaan                             material ini. Transaksi
                                                                        afiliasi Perseroan yang                           penyertaan modal ini
                                                                        99,9995% sahamnya                                 dilakukan semata-mata
                                                                        dimiliki oleh PT Era                              untuk mempertahankan
                                                                        Boga Nusantara                                    kepemilikan Perseroan di
                                                                        (“EBN”), salah satu                               EBPRETZ.
                                                                        perusahaan terkendali
                                                                        Perseroan yang 99,99%
                                                                        sahamnya dimiliki oleh
                                                                        Perseroan.
            Affiliated           December 30, 2024     PT Era Boga      EBN is one of the         Additional capital in   There is no material
            transaction                                Pretzel and      Company's controlled      order to maintain       impact on the Company's
                                                       PT Era Boga      companies, 99.9997%       the Company's           operational activities,
                                                       Nusantara        of whose shares           ownership through       legal aspects, or
                                                                        are owned by the          EBN in EBPRETZ          financial condition due
                                                                        Company.                                          to this material event,
                                                                                                                          information, or fact.
                                                                        EBPRETZ is one of the                             This capital participation
                                                                        Company's affiliated                              transaction is carried out
                                                                        companies, 99.9995%                               solely to maintain the
                                                                        of whose shares are                               Company's ownership in
                                                                        owned by PT Era Boga                              EBPRETZ.
                                                                        Nusantara ("EBN"),
                                                                        one of the Company's
                                                                        controlled companies,
                                                                        99.99% of whose
                                                                        shares are owned by
                                                                        the Company.
      18.   Transaksi afiliasi   30 Desember 2024      PT Erajaya       ESA merupakan salah       Penyetoran              Tidak ada dampak
                                                       Swasembada       satu perusahaan           tambahan modal ESA      material terhadap
                                                       Tbk dan PT Era   terkendali Perseroan                              kegiatan operasional,
                                                       Sukses Abadi     dengan kepemilikan                                aspek hukum, atau
                                                                        langsung 99,998%                                  kondisi keuangan
                                                                        sahamnya dimiliki oleh                            Perseroan akibat
                                                                        Perseroan.                                        kejadian, informasi,
                                                                                                                          atau fakta material ini.
                                                                                                                          Transaksi penyertaan
                                                                                                                          modal ini dilakukan
                                                                                                                          semata-mata untuk
                                                                                                                          mempertahankan
                                                                                                                          kepemilikan Perseroan
                                                                                                                          di ESA.




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                                                                                                    Management Discussion & Analysis




                                                     Pihak-            Hubungan antara
        Jenis Transaksi                            pihak yang              Pihak yang
                            Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
 No.        Type of                               Bertransaksi            Bertransaksi
                            Date of Transaction                                                Goals of Transactions    Impacts of Transactions
          Transaction                             Parties on the      Relationship between
                                                  Transactions       the Transacting Parties
       Affiliated           December 30, 2024     PT Erajaya        ESA is one of the          Additional capital      There is no material
       transaction                                Swasembada        Company's controlled       deposit in ESA          impact on the Company's
                                                  Tbk and PT Era    companies with direct                              operational activities,
                                                  Sukses Abadi      ownership of 99.998%                               legal aspects, or
                                                                    of its shares owned by                             financial condition due
                                                                    the Company.                                       to this material event,
                                                                                                                       information, or fact.
                                                                                                                       This capital participation
                                                                                                                       transaction is carried out
                                                                                                                       solely to maintain the
                                                                                                                       Company's ownership
                                                                                                                       in ESA.
 19.   Transaksi afiliasi   30 Desember 2024      PT Era Maju       EKA merupakan salah        Penyetoran              Tidak ada dampak
                                                  Terus dan PT      satu perusahaan afiliasi   tambahan modal          material terhadap
                                                  Era Kopi Anda     Perseroan yang 70,00%      dalam rangka            kegiatan operasional,
                                                                    sahamnya dimiliki oleh     mempertahankan          aspek hukum, atau
                                                                    PT Era Boga Nusantara      kepemilikan             kondisi keuangan
                                                                    (“EBN”), salah satu        Perseroan melalui       Perseroan akibat
                                                                    perusahaan terkendali      EKA pada EMT            kejadian, informasi,
                                                                    Perseroan yang                                     atau fakta material ini.
                                                                    99,9997% sahamnya                                  Transaksi penyertaan
                                                                    dimiliki oleh Perseroan.                           modal ini dilakukan
                                                                                                                       semata-mata untuk
                                                                    EMT merupakan salah                                mempertahankan
                                                                    satu perusahaan afiliasi                           kepemilikan Perseroan
                                                                    Perseroan yang 99,99%                              di EMT.
                                                                    sahamnya dimiliki
                                                                    oleh PT Era Kopi Anda
                                                                    (“EKA”), salah satu
                                                                    perusahaan afiliasi
                                                                    Perseroan yang 70,00%
                                                                    sahamnya dimiliki oleh
                                                                    PT Era Boga Nusantara
                                                                    (“EBN”), salah satu
                                                                    perusahaan terkendali
                                                                    Perseroan yang
                                                                    99,9997% sahamnya
                                                                    dimiliki oleh Perseroan.
       Affiliated           December 30, 2024     PT Era Maju       EKA is one of the          Additional capital      There is no material
       transaction                                Terus and PT      Company's affiliated       deposit in order        impact on the Company's
                                                  Era Kopi Anda     companies, 70.00%          to maintain             operational activities,
                                                                    of whose shares are        the Company's           legal aspects, or
                                                                    owned by PT Era Boga       ownership through       financial condition due
                                                                    Nusantara ("EBN"),         EKA at EMT              to this material event,
                                                                    one of the Company's                               information, or fact.
                                                                    controlled companies,                              This capital participation
                                                                    99.9997% of whose                                  transaction is carried out
                                                                    shares are owned by                                solely to maintain the
                                                                    the Company.                                       Company's ownership
                                                                                                                       in EMT.
                                                                    EMT is one of the
                                                                    Company's affiliated
                                                                    companies, 99.99%
                                                                    of whose shares are
                                                                    owned by PT Era Kopi
                                                                    Anda ("EKA"), one
                                                                    of the Company's
                                                                    affiliated companies,
                                                                    70.00% of whose
                                                                    shares are owned by
                                                                    PT Era Boga Nusantara
                                                                    ("EBN"), one of the
                                                                    Company's controlled
                                                                    companies, 99.9997%
                                                                    of whose shares
                                                                    are owned by the
                                                                    Company.




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                                                          Pihak-           Hubungan antara
             Jenis Transaksi                            pihak yang             Pihak yang
                                 Tanggal Transaksi                                                   Tujuan Transaksi          Dampak Kejadian
      No.        Type of                               Bertransaksi           Bertransaksi
                                 Date of Transaction                                                Goals of Transactions    Impacts of Transactions
               Transaction                             Parties on the     Relationship between
                                                       Transactions      the Transacting Parties
      20.   Transaksi Afiliasi   30 Desember 2024      Eraspace Pte.     ES merupakan salah         Penyetoran              Tidak ada dampak
                                                       Ltd. dan PT       satu perusahaan afiliasi   tambahan modal TBD      material terhadap
                                                       Teknologi         Perseroan yang 65%                                 kegiatan operasional,
                                                       Belanja Digital   sahamnya dimiliki                                  aspek hukum, atau
                                                                         oleh Erajaya Holding                               kondisi keuangan
                                                                         Pte.Ltd., salah satu                               Perseroan akibat
                                                                         perusahaan terkendali                              kejadian, informasi,
                                                                         Perseroan dengan                                   atau fakta material ini.
                                                                         kepemilikan langsung                               Transaksi penyertaan
                                                                         100% sahamnya                                      modal ini dilakukan
                                                                         dimiliki oleh Perseroan.                           semata-mata untuk
                                                                                                                            mempertahankan
                                                                         TBD merupakan salah                                kepemilikan Perseroan
                                                                         satu perusahaan afiliasi                           di TBD.
                                                                         Perseroan yang 51%
                                                                         sahamnya dimiliki
                                                                         oleh ES, salah satu
                                                                         perusahaan afiliasi
                                                                         Perseroan yang 65%
                                                                         sahamnya dimiliki
                                                                         oleh EH, salah satu
                                                                         perusahaan terkendali
                                                                         Perseroan dengan
                                                                         kepemilikan langsung
                                                                         100% sahamnya
                                                                         dimiliki oleh Perseroan.


            Affiliated           December 30, 2024     Eraspace Pte.     ES is one of the           Additional capital      There is no material
            transaction                                Ltd. and PT       Company's affiliated       deposit in TBD          impact on the Company's
                                                       Teknologi         companies, 65% of                                  operational activities,
                                                       Belanja Digital   whose shares are                                   legal aspects, or
                                                                         owned by Erajaya                                   financial condition due
                                                                         Holding Pte. Ltd., one                             to this material event,
                                                                         of the Company's                                   information, or fact.
                                                                         controlled companies                               This capital participation
                                                                         with 100% direct                                   transaction is carried out
                                                                         ownership of its                                   solely to maintain the
                                                                         shares owned by the                                Company's ownership
                                                                         Company.                                           in TBD.

                                                                         TBD is one of the
                                                                         Company's affiliated
                                                                         companies, 51% of
                                                                         whose shares are
                                                                         owned by ES, one
                                                                         of the Company's
                                                                         affiliated companies,
                                                                         65% of whose shares
                                                                         are owned by EH,
                                                                         one of the Company's
                                                                         controlled companies,
                                                                         100% direct ownership
                                                                         of its shares owned by
                                                                         the Company.




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                                                                                                     Management Discussion & Analysis




                                                      Pihak-            Hubungan antara
        Jenis Transaksi                             pihak yang              Pihak yang
                             Tanggal Transaksi                                                   Tujuan Transaksi           Dampak Kejadian
 No.        Type of                                Bertransaksi            Bertransaksi
                             Date of Transaction                                                Goals of Transactions     Impacts of Transactions
          Transaction                              Parties on the      Relationship between
                                                   Transactions       the Transacting Parties
 21.   Perolehan kontrak     30 Desember 2024      PT Era Inovasi    EIO merupakan              Dalam perjanjian ini,    Penandatanganan
       penting (investasi)                         Otomotif          perusahaan afiliasi        XPENG berkomitmen        Perjanjian Distrbutor
                                                   dengan            Perseroan yang             untuk berkolaborasi      antara EIO dan XPENG
                                                   Shenzen           sahamnya dimiliki          dengan EIO selaku        merupakan pencapaian
                                                   Xiaopeng          99,995% oleh SES,          mitra resmi untuk        penting dalam perjalanan
                                                   Motors            dimana SES merupakan       membangun jaringan       usaha Perseroan melalui
                                                   Supply Chain      perusahaan terkendali      distribusi kendaraan     perusahaan afiliasinya,
                                                   Management        dengan kepemilikan         listrik produk           dengan langkah strategis
                                                   Co., Ltd. dan     langsung oleh              XPENG secara luas        memasuki bisnis
                                                   Guangzhou         Perseroan dengan           di Indonesia. Selaku     kendaraan listrik (EV)
                                                   Xiaopeng          kepemilikan 80%. Tidak     mitra eksklusif XPENG    dimana EIO sebagai agen
                                                   Motors            terdapat hubungan          di Indonesia, EIO        tunggal pemegang merek
                                                   Trading Co.,      afiliasi di antara Para    akan mengorganisasi      XPENG.
                                                   Ltd.              Pihak dalam transaksi      penjualan, serta
                                                                     ini.                       memastikan layanan       Dengan penandatangan
                                                                                                berkualitas tinggi       Perjanjian Distributor
                                                                                                sesuai dengan            ini maka Perseroan
                                                                                                standar XPENG            melalui Perusahaan
                                                                                                dan memberikan           afiliasinya memperluas
                                                                                                layananpurna jual        lini usahanya ke industri
                                                                                                kepada pelanggan         kendaraan listrik tidak
                                                                                                dalam rangka             memberikan dampak
                                                                                                memperkuat               negatif terhadap kegiatan
                                                                                                posisi pasar dan         operasional, hukum serta
                                                                                                memastikan               kelangsungan usaha yang
                                                                                                keberlanjutan            ada saat ini, melainkan
                                                                                                serta inovasi dalam      akan memberikan
                                                                                                industri kendaraan       kontribusi keuangan
                                                                                                listrik di Indonesia.    tambahan bagi Perseroan
                                                                                                                         dari lini usaha tersebut.
       Obtaining             Desember 30, 2024     PT Era Inovasi    EIO is an affiliated       In this agreement,       The signing of the
       important                                   Otomotif          company of the             XPENG is committed       Distributor Agreement
       contracts                                   with Shenzen      Company whose              to collaborating with    between EIO and
       (investments)                               Xiaopeng          shares are 99.995%         EIO as an official       XPENG is an important
                                                   Motors            owned by SES, where        partner to build a       achievement in the
                                                   Supply Chain      SES is a controlled        wide distribution        Company's business
                                                   Management        company with direct        network of XPENG         journey through its
                                                   Co., Ltd. and     ownership by the           electric vehicles        affiliated companies,
                                                   Guangzhou         Company with 80%           in Indonesia. As         with a strategic step to
                                                   Xiaopeng          ownership. There is no     XPENG's exclusive        enter the electric vehicle
                                                   Motors            affiliate relationship     partner in Indonesia,    (EV) business where
                                                   Trading Co.,      between the Parties in     EIO will organize        EIO is the sole agent
                                                   Ltd.              this transaction.          sales, ensure high-      holding the XPENG brand.
                                                                                                quality services in      With the signing of this
                                                                                                accordance with          Distributor Agreement,
                                                                                                XPENG standards          the Company through
                                                                                                and provide after-       its affiliated companies
                                                                                                sales services to        expands its business line
                                                                                                customers in order       to the electric vehicle
                                                                                                to strengthen market     industry without having
                                                                                                position and ensure      a negative impact on
                                                                                                sustainability and       current operational,
                                                                                                innovation in the        legal and business
                                                                                                electric vehicle         continuity activities, but
                                                                                                industry in Indonesia.   will provide additional
                                                                                                                         financial contributions to
                                                                                                                         the Company from this
                                                                                                                         business line.




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  Transaksi Material Lainnya                                          Other Material Transactions

  Pendirian Entias Anak                                               Establishment of Subsidiaries
  •     Pada tanggal 22 November 2024, Perseroan Melalui PT           •   On 22 November 2024, the Company through PT Sinar
        Sinar Eka Selaras Tbk (SES) mendirikan PT Era Inovasi             Eka Selaras Tbk (SES) established PT Era Inovasi Otomotif
        Otomotif (EIVO), di mana SES memiliki 99,99% kepemilikan          (EIVO), where SES owns 99.99% ownership in EIVO. The
        pada EIVO. Modal yang disetor oleh SES sebesar Rp9,999            capital paid up by SES is Rp9.999 billion.
        miliar.
  •     Pada tanggal 22 November 2024, Perseroan melalui SES          •   On 22 November 2024, the Company through SES
        mendirikan PT Era Industri Otomotif (EIDO), di mana SES           established PT Era Industri Otomotif (EIDO), where SES
        memiliki 99,99% kepemlikian pada EIDO. Modal yang                 owns 99.99% ownership in EIDO. The capital paid up by
        disetor oleh SES sebesar Rp9,999 miliar.                          SES is Rp9.999 billion.
  •     Pada tanggal 15 November 2024, Perseroan melalui SES,         •   On 15 November 2024, the Company through SES, and PT
        dan PT Kukuh Mandiri Lestari, pihak ketiga, mendirikan PT         Kukuh Mandiri Lestari, a third party, established PT Aero
        Aero Inovasi Media (AIMN), di mana SES memiliki 51,00%            Inovasi Media (AIMN), where SES owns 51.00% ownership
        kepemlikian pada AIMN. Modal yang disetor oleh SES                in AIMN. The capital paid up by SES is Rp17.85 billion, while
        sebesar Rp17,85 miliar, sedangkan setoran modal dari              the capital contribution from non-controlling interests is
        kepentingan nonpengendali sebesar Rp17,15 miliar.                 Rp17.15 billion.
  •     Pada tanggal 23 Desember 2024, Perseroan melalui SES          •   On 23 December 2024, the Company through SES
        mendirikan PT Era Mode Indonesia (EMI), di mana SES               established PT Era Mode Indonesia (EMI), where SES has
        memiliki 99,00% kepemlikian pada EMI. Modal yang disetor          99.00% ownership in EMI. The capital paid up by SES is
        oleh SES sebesar Rp99,00 juta.                                    Rp99.00 million.
  •     Pada tanggal 23 Desember 2024, Perseroan melalui SES          •   On 23 December 2024, the Company through SES
        mendirikan PT Era Gaya Selaras (EGS), di mana SES memiliki        established PT Era Gaya Selaras (EGS), where SES has
        99,00% kepemlikian pada EGS. Modal yang disetor oleh              99.00% ownership in EGS. The capital paid up by SES is
        SES sebesar Rp99,00 miliar.                                       Rp99.00 billion.
  •     Pada tanggal 23 Desember 2024, Perseroan melalui SES          •   On 23 December 2024, the Company through SES
        mendirikan PT Era Busana Indonesia (EBI), di mana SES             established PT Era Busana Indonesia (EBI), where SES has
        memiliki 99,00% kepemlikian pada EBI. Modal yang disetor          99.00% ownership in EBI. The capital paid up by SES is
        oleh SES sebesar Rp99,00 miliar.                                  Rp99.00 billion.


  Penambahan Kepemilikan pada Entitas Anak                            Additional Ownership in Subsidiaries
  •     Pada tanggal 22 Oktober 2024, Perseroan melalui CG            •   On 22 October 2024, the Company through CG Computers
        Computers Sdn. Bhd. (CG) mengakuisisi saham JKK                   Sdn. Bhd. (CG) acquired shares in JKK Software Sdn.
        Software Sdn. Bhd. (JKK) dari kepentingan nonpengendali           Bhd. (JKK) from non-controlling interests with a capital
        dengan jumlah setoran modal sebesar RM8,003 menjadi               contribution of RM8.003 to RM10.003. After the acquisition
        RM10,003. Setelah akuisisi saham, kepemilikan CG pada             of shares, CG’s ownership in JKK is 100%.
        JKK adalah sebesar 100%.
  •     Pada tanggal 1 Juli 2024, Perseroan melalui Erajaya Digital   •   On 1 July 2024, the Company through Erajaya Digital
        Pte. Ltd. (ERDI) melakukan peningkatan modal saham pada           Pte. Ltd. (ERDI) increased its share capital in Erajaya
        Erajaya Swasembada Pte. Ltd. (ESS) dengan jumlah setoran          Swasembada Pte. Ltd. (ESS) with a capital contribution of
        modal sebesar $Sin500.000.                                        $Sin500,000.
  •     Pada tanggal 2 Juli 2024, Perseroan melalui ERDI              •   On 2 July 2024, the Company through ERDI acquired
        mengakuisisi saham Era Tech Communication Pte. Ltd.               shares in Era Tech Communication Pte. Ltd. (ETC) worth
        (ETC) senilai $Sin25.000. Setelah transaksi tersebut,             $Sin25,000. After the transaction, ERDI’s share ownership
        kepemilikan saham ERDI atas ETC menjadi 100%.                     in ETC became 100%.




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•   Pada tanggal 23 Desember 2024, Perseroan melalui PT         •   On December 23, 2024, the Company through PT Era Boga
    Era Boga Nusantara (EBN) meningkatkan modal dasar               Nusantara (EBN) increased its authorized capital from
    dari Rp1,00 miliar menjadi Rp10,00 miliar dan modal             Rp1.00 billion to Rp10.00 billion and EBN’s issued and
    ditempatkan dan disetor penuh EBN pada PT Era Boga              fully paid-up capital in PT Era Boga Pretzel (EBPR) from
    Pretzel (EBPR) dari Rp300,05 juta menjadi Rp9,30 miliar.        Rp300.05 million to Rp9.30 billion. After the change, EBN’s
    Setelah perubahan tersebut, persentase kepemilikan EBN          ownership percentage in EBPR became 99.99%.
    pada EBPR menjadi 99,99%.


Investasi pada Entitas Asosiasi                                 Investment in Associated Entities
•   Sesuai dengan persetujuan pemegang saham PT Teknologi       •   In accordance with the approval of PT Teknologi Belanja
    Belanja Digital (TBD), pada tanggal 18 Desember 2024            Digital (TBD) shareholders, on 18 December 2024, the
    Perseroan melalui Eraspace Pte. Ltd. meningkatkan               Company, through Eraspace Pte. Ltd., increased its capital
    penempatan modal sebesar Rp4,59 miliar dari total modal         placement by Rp4.59 billion, bringing the total paid-up and
    disetor dan ditempatkan penuh pemegang saham TBD                fully issued capital of TBD shareholders to Rp9.00 billion.
    sebesar Rp9,00 miliar. Tidak ada perubahan kepemilikan          This capital increase did not affect Eraspace Pte. Ltd.’s
    Eraspace Pte. Ltd. pada TBD. TBD merupakan entitas              ownership in TBD. TBD remains a joint venture entity jointly
    ventura bersama yang dikendalikan secara bersama-sama           controlled by Eraspace Pte. Ltd. and PT Perjuangan Anak
    oleh Eraspace Pte. Ltd. dan PT Perjuangan Anak Muda,            Muda, a third party, with Eraspace Pte. Ltd. maintaining a
    pihak ketiga, di mana Eraspace Pte. Ltd. memiliki 51%           51% ownership stake.
    kepemilikan pada entitas tersebut.
•   Sesuai dengan persetujuan pemegang saham PT Era             •   In accordance with the approval of PT Era Caring Indonesia
    Caring Indonesia (ECI), pada tanggal 18 Desember                (ECI) shareholder, on 18 December 2024, the Company,
    2024 Perseroan melalui PT Era Prima Indonesia (EPI)             through PT Era Prima Indonesia (EPI), increased its capital
    meningkatkan penempatan modal sebesar Rp16,47 miliar            placement by Rp16.47 billion, bringing the total paid-up
    dari total modal disetor dan ditempatkan penuh pemegang         and fully issued capital of ECI shareholders to Rp33,00
    saham ECI sebesar Rp33,00 miliar. Tidak ada perubahan           billion. This transaction did not alter EPI’s ownership in ECI.
    kepemilikan EPI pada ECI. ECI merupakan perusahaan              ECI is a joint venture between EPI and Caring Pharmacy
    yang didirikan oleh EPI bersama dengan Caring Pharmacy          Retail Management Sdn. Bhd. (CPRM), a third party, with
    Retail Management Sdn. Bhd. (CPRM), pihak ketiga, di            EPI holding a 49.88% ownership stake.
    mana EPI memiliki 49,88% kepemilikan pada ECI.
•   Sesuai dengan persetujuan pemegang saham PT MST Golf        •   In accordance with the approval of PT MST Golf Indonesia
    Indonesia (MSTI), pada tanggal 18 Oktober 2024 Perseroan        (MSTI) shareholders, on 18 October 2024, the Company,
    melalui SES meningkatkan penempatan modal sebesar               through PT Sinar Eka Selaras Tbk (SES), increased its capital
    Rp15,73 miliar dari total modal disetor dan ditempatkan         placement by Rp15.73 billion, raising the total paid-up and
    penuh pemegang saham MSTI sebesar Rp32,10 miliar.               fully issued capital of MSTI shareholders to Rp32.10 billion.
    Tidak ada perubahan kepemilikan SES pada MSTI. MSTI             This investment did not change SES’ ownership in MSTI.
    merupakan perusahaan yang didirikan oleh SES bersama            MSTI is a joint venture between SES and MST Golf Group
    dengan MST Golf Group Berhad, pihak ketiga, di mana SES         Berhad, a third party, with SES retaining a 49% ownership
    memiliki 49% kepemilikan pada MSTI.                             stake.


Divestasi                                                       Divestasi
•   Pada tanggal 26 Maret 2024, Perseroan melalui EPI setuju    •   On 26 March 2024, the Company through EPI agreed to
    menjual seluruh kepemilikan saham atas PT Surya Andra           sell all of its 55.04% share ownership in PT Surya Andra
    Medicalindo (SAM) sebesar 55,04% kepada pihak ketiga            Medicalindo (SAM) to a third party for Rp9.77 billion.
    senilai Rp9,77 miliar.
•   Pada tanggal 26 Maret 2024, Perseroan melalui EPI setuju    •   On 26 March 2024, the Company through EPI agreed to sell
    menjual seluruh kepemilikan saham atas PT Urogen                all of its 55.00% share ownership in PT Urogen Advanced
    Advanced Solutions (UAS) sebesar 55,00% kepada pihak            Solutions (UAS) to a third party for Rp599.00 million.
    ketiga senilai Rp599,00 juta.


Transaksi yang Mengandung Benturan                              Transactions Involving Conflict of Interest
Kepentingan
Tidak terdapat transaksi material yang mengandung benturan      There were no material transactions that contained conflict of
kepentingan di sepanjang tahun 2024.                            interest throughout 2024.




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  Penjelasan tentang Transaksi Berelasi/Afiliasi                     Explanation of Related/Afiliated Transactions
  Perseroan melakukan sejumlah transaksi dengan pihak                The Company carried out a number of transactions with related
  berelasi/ transaksi afiliasi sebagaimana disajikan pada tabel      parties/ affiliated transactions as presented in the table above.
  di atas. Transaksi dengan pihak-pihak berelasi sesuai dengan       The transactions with related parties in accordance with the
  definisi yang diuraikan pada PSAK 224 “Pengungkapan Pihak          definition described in SFAS 224 “Related Party Disclosure.”
  Berelasi.” Seperti halnya dengan pihak ketiga, harga jual, harga   Similar to third parties, sales price, purchase price, operating
  pembelian, beban sewa operasi, beban asuransi, dan beban           lease expense, insurance charges and interest charges to
  bunga dengan pihak-pihak berelasi ditentukan berdasarkan           related parties are determined based on negotiation.
  negosiasi.


  Informasi mengenai pihak berelasi, sifat hubungan, jenis           Informations regarding related parties, the nature of the
  transaksi, dan saldo material dengan pihak-pihak berelasi          relationship, types of transactions, and material balances
  diungkapkan dalam catatan 27, Catatan atas Laporan                 with related parties are disclosed in note 27, Notes to the
  Keuangan Konsolidasian Perseroan yang menjadi bagian dari          Company’s Consolidated Financial Statements, which is part of
  buku Laporan tahunan ini.                                          this Annual Report.


  Pernyataan       Direksi    atas    Kewajaran      Transaksi       Statement of the Board of Directors on the Fairness
  Berelasi                                                           of Related Transactions
  Direksi Perseroan menyatakan bahwa seluruh transaksi afiliasi      The Company’s Board of Directors stated that all affiliated
  yang dilakukan telah melalui prosedur yang memadai untuk           transactions entered into have been subject to adequate
  memastikan bahwa transaksi afiliasi dilaksanakan sesuai            procedures to ensure that they are carried out in accordance
  dengan praktik bisnis yang berlaku umum, memenuhi prinsip          with generally accepted business practices, meet the arm’s-
  transaksi yang wajar (arm’s length principle), serta dilaporkan    length principle, and are reported to the OJK.
  kepada OJK.


  Setiap transaksi termasuk transaksi pinjaman antar perusahaan      Every transaction, including intercompany loans and
  dan pinjaman pemegang saham yang menimbulkan beban                 shareholder loans with interest charges, must adhere to
  bunga, harus mengikuti prinsip yang berlaku di pasar. Semua        market principles. As part of the precautionary principle’s
  transaksi antara entitas anak dengan induk dan antar entitas       implementation, all transactions between subsidiaries and
  anak, wajib didukung oleh legal agreement yang kuat sebagai        parent companies, as well as between subsidiaries, must be
  bagian dari penerapan prinsip kehati-hatian.                       accompanied by a strong legal agreement.


  Prosedur dan kewajaran seluruh transaksi afiliasi Perseroan        The procedures and fairness of all affiliated transactions
  secara berkala dievaluasi oleh Dewan Komisaris melalui             entered by the Company are periodically evaluated by the
  Komite Audit.                                                      Board of Commissioners through the Audit Committee.


  PERUBAHAN PERATURAN PERUNDANG-                                     CHANGE IN LAWS AND REGULATIONS AND THE
  UNDANGAN DAN DAMPAKNYA TERHADAP                                    IMPACTS ON THE COMPANY
  PERUSAHAAN
  Pada tahun 2024, tidak terdapat perubahan perundang-               In 2024, there was no change in regulation with a significant
  undangan yang berpengaruh signifikan terhadap Perseroan.           impact on the Company.




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                                                                                          Analisis & Pembahasan Manajemen
                                                                                          Management Discussion & Analysis




PERUBAHAN KEBIJAKAN AKUNTANSI DAN                                   CHANGES IN ACCOUNTING POLICIES AND
DAMPAKNYA TERHADAP LAPORAN KEUANGAN                                 ITS IMPACT ON THE COMPANY’S FINANCIAL
PERSEROAN                                                           STATEMENTS
Penerapan standar baru, amendemen dan penyesuaian yang              The adoption of new standards, amendments and
telah diterbitkan, dan yang akan berlaku efektif untuk tahun        improvements issued and effective for the financial year at or
buku yang dimulai pada atau setelah 1 Januari 2024:                 after 1 January 2024:
1. PSAK 207 (amendemen), Laporan Arus Kas dan PSAK                  1. PSAK 207 (amendment), Statement of Cash Flow and
    107 (amendemen), Instrumen Keuangan: Pengungkapan                   PSAK 107 (amendment), Financial Instrument: Disclosures
    tentang Pengaturan Pembiayaan Pemasok.                              regarding Supplier Finance Arrangements.
2. PSAK 116 (amendemen), Sewa tentang Liabilitas Sewa               2. PSAK 116 (amendment), Leases regarding Lease Liability in
    dalam Jual dan Sewa Balik.                                          a Sale and Leaseback.
3. PSAK 201 (amendemen), Penyajian Laporan Keuangan                 3. PSAK 201 (amendment), Presentation of Financial
    tentang Liabilitas Jangka Panjang dengan Kovenan                    Statements regarding Long Term Liabilities with Covenant.


Selain itu, terdapat sejumlah standar, amendemen dan                Additionally, there are numbers of standards and
interpretasi yang telah diterbitkan yang berlaku efektif untuk      interpretations, which have been issued and effective for
periode yang dimulai atau setelah tanggal 1 Januari 2025, yaitu:    periods beginning on/or after 1 January 2025, as follows:
1. PSAK 117 Kontrak Asuransi mengatur relaksasi beberapa            1. PSAK 117 Insurance Contracts regulates the relaxation of
    ketentuan pada perusahaan asuransi seperti pemisahan                several provisions for insurance companies such as the
    antara pendapatan yang diperoleh dari bisnis asuransi               separation between income derived from the insurance
    dan bisnis investasi, termasuk penambahan pengecualian              business and investment business, including the addition
    ruang lingkup, penyesuaian penyajian laporan keuangan,              of scope exceptions, adjustments to the presentation of
    penerapan opsi mitigasi risiko dan beberapa modifikasi              financial statements, implementation of risk mitigation
    pada ketentuan transisi.                                            options and several modifications to transition provisions.
2. PSAK 221 (amendemen) Pengaruh Perubahan Kurs Valuta              2. PSAK 221 (amendment) Effect of Changes in Foreign
    Asing tentang kekurangan ketertukaran. Amendemen ini                Exchange Rates on lack of convertibility. This amendment
    menjelaskan pengaturan pengungkapan terkait kondisi                 clarifies the provisions related to conditions when a
    ketika suatu mata uang tidak tertukarkan.                           currency is not convertible and its disclosure.


Penerapan dari amandemen dan interpretasi di atas tidak             The implementation of the above amendments and
menimbulkan perubahan substansial atas kebijakan akuntansi          interpretations does not result in substantial changes to the
Perseroan dan tidak memiliki dampak signifikan terhadap             Company’s accounting policies and does not have a significant
Laporan Keuangan Konsolidasian pada tahun berjalan atau             impact on the Consolidated Financial Statements for the
tahun sebelumnya.                                                   current or previous year.




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     TATA K E LO L A
     PERUSAHAAN
     Corporate Governance




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      Tata Kelola Perusahaan
        Corporate Governance




  Tata Kelola Perusahaan
  CORPORATE GOVERNANCE




                                “Perseroan berkomitmen untuk menerapkan
                                prinsip-prinsip tata kelola perusahaan yang
                                baik atau Good Corporate Governance (“GCG”)
                                secara konsisten dan berkesinambungan untuk
                                menciptakan nilai perusahaan dalam jangka
                                panjang serta meningkatkan reputasi Perseroan
                                dan kepercayaan pemangku kepentingan.”

                                “The Company is committed to implement the principles of Good
                                Corporate Governance (“GCG”) consistently and continuously to create
                                long-term corporate value and improve the Company’s reputation and
                                stakeholder trust.”




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                                                                                                    Tata Kelola Perusahaan
                                                                                                    Corporate Governance




Sebagai perusahaan publik, penerapan GCG menjadi salah          As a public company, the implementation of GCG is one of the
satu indikator penting bagi pemegang saham, investor, dan       critical indicators for shareholders, investors, and the public,
masyarakat, untuk menilai kinerja Perseroan dan meyakini        to assess the Company’s performance. The GCG is also needed
bahwa Perseroan telah dikelola dengan baik dan tepat, serta     to ensure that the Company has been appropriately managed
mampu melindungi kepentingan para pemegang saham.               and able to protect the interests of the shareholders.


Penerapan     GCG    di    Perseroan    bertujuan   untuk       The implementation of GCG in the Company aims to maximize
memaksimalkan nilai Perusahaan bagi pemegang saham              the Company’s value for shareholders by increasing the
dengan cara meningkatkan prinsip keterbukaan, akuntabilitas,    principles of openness, accountability, responsibility, avoiding
pertanggungjawaban, menghindari terjadinya dominasi oleh        domination by any party, free from certain conflicts of interest
pihak manapun, bebas dari benturan kepentingan tertentu         in order to create objectivity in decision making so that the
agar tercipta obyektivitas dalam pengambilan keputusan          company can be trusted and has competitiveness.
sehingga perusahaan dapat dipercaya dan memiliki daya
saing.




Pedoman GCG
GCG GUIDELINES



Agar penerapan GCG di Perseroan senantiasa berjalan efektif     For the implementation of GCG in the Company to continue
maka selain memastikan kelengkapan infrastruktur GCG,           running effectively, in addtition to ensuring the completness
Perseroan juga memiliki pedoman dan kebijakan GCG yang          of GCG infrastructure, the Company also has adequate GCG
memadai baik di tingkat Perseroan maupun entitas anak           guidelines at both the Company and subsidiary levels as a
sebagai dasar atau acuan bagi seluruh insan Perseroan dalam     basis or reference for all the Company’s people in managing
mengelola perusahaan.                                           the company.




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      Tata Kelola Perusahaan
        Corporate Governance




                Kebijakan Tata Kelola                    Pedoman Perilaku,
                                                                                                           Pedoman Kerja Direksi,

        01                                      02                                              03
                Perusahaan, diterbitkan                  diterbitkan pada 30
                                                                                                           diterbitkan pada 2015
                pada 2015                                April 2018                                        Board of Directors Charter,
                Corporate Governance Policy,             Code of Conduct, issued on
                                                                                                           issued in 2015
                issued in 2015                           April 30, 2018




       09                                                                                                   04
       Kebijakan Lingkungan,
       Sosial, dan Kesehatan
                                                                                                             Pedoman Kerja
       & Keselamatan,
                                                                                                             Dewan Komisaris,
       diterbitkan pada 14
                                                                                                             diterbitkan pada 2015
       November
       2022                                                                                                  Board of Commissioners
       Environmental, Social, and                                                                            Charter, issued in 2015
       Health and Safety Policy
       Issued on 14 November 2022                          GCG
                                                        GUIDELINES


       08                                                                                                   05
       Kebijakan                                                                                             Pedoman Kerja Komite
       Komunikasi dengan                                                                                     Audit, diterbitkan
       Pemegang Saham                                                                                        pada 2015
       Policy on Communication                                                                               Audit Committee Charter,
       with Shareholders                                                                                     issued in 2015




        07                                                               06
                                                                                          Piagam Unit Audit Internal,
                      Sistem Pelaporan Pelanggaran                                        diterbitkan pada 2018
                      Whistleblowing System
                                                                                          Internal Audit Charter, issued in 2018




         SOSIALISASI KEBIJAKAN GCG
         Dissemination of GCG Soft Structures



                                                          Kepatuhan atas kebijakan GCG yang sudah disepakati merupakan tanggung
                                                          jawab bersama seluruh pemangku kepentingan baik di internal Perseroan
                                                          maupun pihak eksternal yang menjadi mitra kerja Perseroan. Perseroan
                                                          secara berkala melakukan sosialisasi Kebijakan Tata Kelola Perusahaan dan
                                                          Pedoman Perilaku agar dapat dipahami dan ditaati oleh seluruh karyawan.
                                                          Sosialisasi internal antara lain disampaikan melalui portal intenal perusahaan
                                                          dan sebagai materi pada program orientasi karyawan baru. Sedangkan
                                                          pemangku kepentingan eksternal dapat mengakses dokumen tersebut
                                                          di situs web Perseroan pada laman https://www.erajaya.com/corporate-
                                                          governances.

                                                          Compliance with the agreed GCG policy is a collective responsibility of all
                                                          stakeholders both within the Company and external parties who are the
                                                          Company’s partners. The Company periodically disseminates the Corporate
                                                          Governance Policy and Code of Conduct so that they can be understood and
                                                          complied with by all employees. Internal dissemination is delivered through
                                                          the company’s internal portal and as material in the new employee orientation
                                                          program. Meanwhile, external stakeholders can access the document on the
                                                          Company’s website at https://www.erajaya.com/corporate-governances.




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Page 179
                                                                                          Tata Kelola Perusahaan
                                                                                          Corporate Governance




Struktur Tata Kelola
GOVERNANCE STRUCTURE




      Sebagai perseroan terbatas yang didirikan berdasarkan hukum
      Indonesia, Perseroan memiliki 3 (tiga) organ utama perusahaan yang
      terdiri dari Rapat Umum Pemegang Saham, Dewan Komisaris, dan
      Direksi. Setiap organ Perseroan memiliki tugas dan wewenangnya
      masing-masing dan independen dalam menjalankan tugas dan
      wewenangnya sesuai dengan Anggaran Dasar Perseroan serta peraturan
      perundangan yang berlaku.

      As an Indonesian limited liability company, the Company has 3 (three) corporate main bodies
      comprising the General Meeting of Shareholders, the Board of Commissioners, and the Board of
      Directors. Each body of the Company has its respective duties and authorities with independence
      to carry out its respective duties and authorities in accordance with the Company’s Articles of
      Association and prevailing laws and regulations.




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      Tata Kelola Perusahaan
        Corporate Governance




  Struktur tata kelola Perseroan secara garis besar tergambar      Corporate governance structure in outline reflected in the
  pada organ utama Perseroan yaitu Rapat Umum Pemegang             Company’s main organs, namely the General Meeting of
  Saham (RUPS), Dewan Komisaris dan Direksi. Setiap organ          Shareholders (GMS), the Board of Commissioners and the
  Perseroan memiliki tugas dan wewenangnya masing-masing           Board of Directors. Each organ of the Company has its own
  yang independen sesuai dengan Anggaran Dasar Perseroan           independent duties and authorities in accordance with the
  serta peraturan perundangan yang berlaku.                        Company’s Articles of Association and prevailing laws and
                                                                   regulations.


  Dewan Komisaris dan Direksi memiliki organ pendukung untuk       The Board of Commissioners and the Board of Directors have
  membantu pelaksanaan tugas sesuai peraturan perundang-           supporting organs to assist in carrying out their duties in
  undangan yang berlaku. Dewan Komisaris dibantu oleh Komite       accordance with applicable laws and regulations. The Board
  Audit dan Direksi dibantu oleh Sekretaris Perusahaan, Audit      of Commissioners is assisted by the Audit Committee and
  Internal, Komite Komersial dan Komite Pengembangan Usaha.        the Board of Directors is assisted by the Corporate Secretary,
                                                                   Internal Audit, Commercial Committee, and Investment
                                                                   Committee.




                                     Rapat Umum Pemegang Saham
                                     General Meeting of Shareholders




              Dewan Komisaris                                                       Direksi
            Board of Commissioners                                             Board of Directors
                                                                                                          Organ Utama Perusahaan
                                                                                                         Company Main Organization

                                                                                                      Organ Pendukung Perusahaan
                                                                                                       Company Support Organization




                Komite Audit                         Sekretaris Perusahaan                             Internal Audit
               Audit Committee                         Corporate Secretary                              Internal Audit




                                                                             Komite Pengembangan
                                                                                   Usaha Baru
                                                                                  New Business
                                                                             Development Committee




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Page 181
                                                                                             Tata Kelola Perusahaan
                                                                                             Corporate Governance




Rapat Umum Pemegang Saham
GENERAL MEETING OF SHAREHOLDERS




      Rapat Umum Pemegang Saham (“RUPS”) merupakan organ tertinggi
      yang memiliki hak dan kewenangan yang tidak diberikan kepada Direksi
      dan Dewan Komisaris, dengan batasan yang ditentukan dalam peraturan
      perundang-undangan dan/atau Anggaran Dasar Perseroan.

      General Meeting of Shareholders (“GMS”) is the highest organ with rights and authorities that are not
      granted to the Board of Directors and the Board of Commissioners, within limitations determined in laws
      and regulations and/or the Company’s Articles of Association.




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      Tata Kelola Perusahaan
        Corporate Governance




  RUPS terdiri dari RUPS Tahunan (“RUPST”) yang diselenggarakan         The GMS consists of the Annual GMS (“AGMS”) held every year
  setiap tahun paling lambat 6 (enam) bulan setelah tahun buku          no later than 6 (six) months after the closing of the Company’s
  Perseroan ditutup atau batas waktu lainnya dalam kondisi              financial year or other deadline under certain conditions as
  tertentu sebagaimana ditetapkan oleh OJK, dan RUPS Luar               determined by the OJK, and Extraordinary GMS (“EGMS”) which
  Biasa (“RUPSLB”) yang dapat dilaksanakan sewaktu-waktu                can be held at any time if necessary.
  berdasarkan kebutuhan.


  Pada tahun 2024 Perseroan menyelenggarakan 1 (satu) kali              In 2024, the Company held 1 (one) AGMS and 1 (one) EGMS,
  RUPST dan 1 (satu) kali RUPSLB, keduanya pada tanggal 19              both on 19 June 2024.
  Juni 2024.


  PELAKSANAAN RUPST 2024                                                2024 AGMS IMPLEMENTATION

      Tanggal Pelaksanaan            19 Juni 2024                                         19 June 2024
      Implementation Date

      Waktu                          10.08 – 11.11 WIB                                    10.08 AM to 11.11 AM
      Time

      Lokasi                         Erajaya Plaza, Jalan Bandengan Selatan nomor 20,     Erajaya Plaza, Jalan Bandengan Selatan nomor 20,
      Location                       Pekojan, Tambora, Jakarta Barat.                     Pekojan, Tambora, Jakarta Barat.

      Mata Acara                     1. Persetujuan Laporan Tahunan & Keberlanjutan       1. Approval to the Company’s Annual Report for
      Agenda                            dan     Pengesahan       Laporan      Keuangan       the financial year 2022 and ratification of the
                                        Konsolidasian Perseroan untuk tahun buku yang        Company's Consolidated Financial Statements
                                        berakhir pada tanggal 31 Desember 2023.              for the fiscal year ended December 31, 2023.
                                     2. Penetapan penggunaan laba bersih Perseroan        2. Determination of the use of the Company's
                                        yang dapat diatribusikan kepada pemilik Entitas      net profit attributable to the owners of the
                                        Induk Perseroan periode tahun buku yang              Company's Parent Entity for the fiscal year ended
                                        berakhir pada tanggal 31 Desember 2023.              December 31, 2023.
                                     3. Pelimpahan wewenang kepada Dewan Komisaris        3. Delegation the authority to the Board of
                                        Perseroan untuk Penunjukan Kantor Akuntan            Commissioners of the Company for the
                                        Publik yang akan melakukan audit Laporan             Appointment of a Public Accounting Firm
                                        Keuangan Konsolidasian Perseroan untuk Tahun         that will audit the Company's Consolidated
                                        Buku 2024 dan menetapkan honorarium Kantor           Financial Statements for the fiscal year of 2024
                                        Akuntan Publik serta persyaratan lainnya.            and determine the honorarium of the Public
                                                                                             Accounting Firm and other requirements.
                                     4. Penetapan honorarium dan/atau tunjangan           4. Determination        of   honorarium       and/or
                                        lainnya bagi Dewan Komisaris Perseroan dan           other benefits for the Company's Board of
                                        pelimpahan wewenang kepada Dewan Komisaris           Commissioners and delegation of authority
                                        Perseroan untuk menetapkan remunerasi                to the Company's Board of Commissioners to
                                        dan tunjangan lainnya bagi Anggota Direksi           determine remuneration and other benefits for
                                        Perseroan masing-masing untuk Tahun Buku             the Company's respective Board of Directors for
                                        2024.                                                Fiscal Year 2024.
                                     5. Persetujuan atas Perubahan Susunan Pengurus       5. Approval of the Changes in the Company's
                                        Perseroan.                                           Management Composition.

      Kuorum                         RUPST dihadiri oleh para pemegang saham atau         The AGMS were attended by the shareholders or
      Quorum                         kuasa pemegang saham Perseroan yang sah              authorized shareholders of the Company amounting
                                     berjumlah 11.010.856.837 saham atau + 69,7619%       to 11,010,856,837 shares or + 69.7619% of all issued
                                     dari seluruh saham yang telah ditempatkan dan        and fully paid-up shares in the Company after
                                     disetor penuh dalam Perseroan setelah dikurangi      deducting the portion of Treasury Stock owned by
                                     Treasury Stock sebesar 166.515.100 saham.            the Company as much as 166,515,100 shares.




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                                                                                                                                            Tata Kelola Perusahaan
                                                                                                                                            Corporate Governance




     Kehadiran Direksi dan                        Hadir | Present:
     Dewan Komisaris
                                                  Direksi | Board of Directors
     Attendance of the Board of                   Direktur Utama | President Director: Budiarto Halim
     Directors and the Board of                   Wakil Direktur Utama | Vice President Director: Hasan Aula
     Commissioners                                Direktur | Director: Sintawati Halim
                                                  Direktur | Director: Sim Chee Ping
                                                  Direktur | Director: Djohan Sutanto
                                                  Direktur | Director: Jong Woon Kim
                                                  Direktur | Director: Elly
                                                  Direktur | Director: Michella Ardy Hady Wijaya
                                                  Direktur | Director: Keith Ardy Hady Wijaya

                                                  Dewan Komisaris | Board of Commissioners
                                                  Komisaris Independen|Independent Commissioner: Lim Bing Tjay
                                                  Komisaris Independen|Independent Commissioner: I Gusti Putu Suryawirawan
                                                  Komisaris | Commissioner: Andreas Harun Djumadi

                                                  Tidak hadir | Not present:
                                                  Joy Wahyudi (Wakil Direktur Utama | Vice President Director)
                                                  Ardy Hady Wijaya (Komisaris Utama | President Commissioner)
                                                  Richard Halim Kusuma (Komisaris | Commissioner)

     Pimpinan Rapat                               Rapat dipimpin oleh Bapak Lim Bing Tjay selaku                 The meeting was chaired by Mr. Lim Bing Tjay as
     Chairman of the Meeting                      Komisaris Independen Perseroan, berdasarkan SK                 Independent Commissioner of the Company, based
                                                  Dewan Komisaris No. 032/ERAA/SK-KOM/VI/2024                    on the Decree of the Board of Commissioners No.
                                                  tanggal 6 Juni 2024 tentang Penunjukan Pimpinan                032/ERAA/SK-KOM/VI/2024 dated 6 June 2024
                                                  RUPS, dan pemaparan agenda dan penjelasan rapat                regarding the Appointment of the Chairperson
                                                  disampaikan oleh Bapak Hasan Aula selaku Wakil                 of the GMS, and the presentation of the meeting
                                                  Direktur Utama Perseroan.                                      agenda and explanation was delivered by Mr. Hasan
                                                                                                                 Aula as Vice President Director of the Company.

     Pihak Independen dalam                       Perseroan menunjuk Notaris RM Dendy Soebangil,                 The Company appointed Public Notary RM
     Perhitungan Suara                            S.H., M.Kn. dan Biro Administrasi Efek, PT Raya                Dendy Soebangil, S.H., M.Kn. and the Securities
                                                  Saham Registra, sebagai pihak Independen untuk                 Administration Bureau, PT Raya Saham Registra,
     Independent Party in Vote                    menghitung dan/atau melakukan validasi suara di                as Independent parties to calculate and/or validate
     Counting                                     dalam Rapat.                                                   votes in the Meeting.

     Risalah RUPST                                Risalah Rapat dituangkan dalam Akta Berita Acara               The Minutes of the Meeting is stated in the Deed
     AGMS Minutes                                 Rapat Umum Pemegang Saham Tahunan PT Erajaya                   of Minutes of the Annual General Meeting of
                                                  Swasembada Tbk nomor 07 tanggal 19 Juni 2024                   Shareholders of PT Erajaya Swasembada Tbk
                                                  yang dibuat oleh RM Dendy Soebangil, S.H., M.Kn.,              number 07 dated June 19, 2024, made by RM Dendy
                                                  Notaris di Jakarta Selatan.                                    Soebangil, S.H., M.Kn., Notary in South Jakarta.



Hasil Pemungutan Suara untuk Setiap Mata                                                    Voting results of Meeting’s Agendas
Acara Rapat


                                                                                 Setuju                            Tidak Setuju                        Abstain*)
                            Mata Acara
                                                                                 Agreed                              Disagree                          Abstained
                             Agendum
                                                                              (suara | vote)                      (suara | vote)                     (suara | vote)

     Mata Acara Pertama                                                              10.316.784.710                                27.000                       694.045.127
     First Agendum
                                                                                           93,6965%                             0,0002%                             6,3033%
     Mata Acara Kedua                                                                10.331.789.037                                27.100                       679.040.700
     Second Agendum
                                                                                          93,83274%                            0,00025%                           6,16701%
     Mata Acara Ketiga                                                                9.437.529.700                         894.286.237                         679.040.900
     Third Agendum
                                                                                           85,7111%                             8,1219%                             6,1670%
     Mata Acara Keempat                                                              10.068.624.237                         263.191.700                         679.040.900
     Fourth Agendum
                                                                                             91,4427                            2,3903%                             6,1670%
     Mata Acara Kelima                                                                9.001.134.800                       1.313.095.337                         696.626.700
     Fifth Agendum
                                                                                           81,7478%                            11,9255%                             6,3267%
*)
      Sesuai POJK No.15/2020, suara abstain mengikuti suara mayoritas, jumlah tersebut merupakan perhitungan dari e-proxy KSEI dan BAE Perseroan.
      In accordance with POJK No.15/2020, the vote abstained following the majority vote, this number is the calculation of the e-proxy of KSEI and the Company’s Registrar.




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      Tata Kelola Perusahaan
        Corporate Governance




  Keputusan RUPS Tahunan dan Realisasi                                         Annual GMS Resolutions and Realization

                              Mata Acara Pertama                                                           First Agendum

      Menerima baik dan menyetujui Laporan Tahunan dan Keberlanjutan          Accept and approve the Annual and Sustainability Report for the fiscal
      Tahun Buku 2023 termasuk Laporan Tahunan Direksi dan Laporan            year 2023 including the Annual Report of the Board of Directors and
      Pengawasan Dewan Komisaris serta mengesahkan Laporan Keuangan           the Supervisory Report of the Board of Commissioners and ratify the
      Perseroan untuk Tahun Buku 2023 yang telah diaudit oleh Kantor          Company's Financial Statements for the fiscal year 2023 which have
      Akuntan Publik Purwantono, Sungkoro & Surja, sebagaimana tercantum      been audited by the Public Accounting Firm Purwantono, Sungkoro
      dalam laporan Auditor Independen Nomor: 00463/2.1032/AU.1/05/1810-      & Surja, as stated in the report of the Independent Auditor Number:
      1/1/III/2024 tanggal 30 Maret 2024 dengan pendapat wajar dalam          00463/2.1032/AU.1/05/1810-1/1/III/2024 dated 30 March 2024 with a
      semua hal yang material, dan dengan demikian membebaskan seluruh        reasonable opinion in all material matters, thereby providing granting
      Anggota Direksi dan Dewan Komisaris Perseroan dari tanggung jawab       waivers and repayments (Acquit et de Charge) to all Members of the
      dan segala tanggungan atas tindakan pengurusan dan pengawasan           Company’s Board of Directors and Board of Commissioners from
      yang telah mereka jalankan selama Tahun Buku 2023 sepanjang             responsibility and all responsibility for the management and supervision
      tindakan mereka tercermin dalam laporan keuangan Perseroan untuk        actions they have carried out during the fiscal year 2023 as long as their
      Tahun Buku 2023 tersebut.                                               actions are reflected in the Company's financial statements for the fiscal
                                                                              year 2023.
      Realisasi                                                               Realization
      Telah selesai dilaksanakan.                                             Completed.



                                Mata Acara Kedua                                                         Second Agendum

      Menyetujui penetapan penggunaan laba, laba tahun berjalan yang dapat    Approved the determination of the use of profit, profit for the current
      diatribusikan kepada pemilik entitas induk Perseroan sebagai berikut:   year attributable to the owners of the Company’s parent entities as
                                                                              follows:
      a. Pembagian dividen tunai sebesar Rp17 setiap saham atau seluruhnya    a. Cash dividend distribution of Rp17 per share or a total of
         sebesar Rp268.319.243.300,00 sebelum pajak, yang akan dibayarkan         Rp268.319.243.300,00 before tax, which will be paid on
         atas 15.783.484.900 saham dan memberikan kuasa kepada Direksi            15.783.484.900 shares and authorize the Board of Directors to take
         untuk melakukan segala tindakan sehubungan dengan pembagian              all actions in connection with the distribution of the dividend;
         dividen tersebut;
      b. Sebesar Rp1.000.000.000,00 sebagai cadangan sesuai Pasal 70          b. In the amount of Rp1,000,000,000.00 as a reserve in accordance with
         Undang-Undang Perseroan Terbatas; dan                                   Article 70 of the Limited Liability Company Law; and
      c. Sisanya dimasukkan sebagai laba yang ditahan.                        c. The remainder is included as retained earnings.
      Realisasi                                                               Realization
      Telah selesai dilaksanakan.                                             Completed.



                               Mata Acara Ketiga                                                          Third Agendum

      Menyetujui melimpahkan kuasa dan wewenang kepada Dewan                  Approve the granting of power and delegation of authority to the Board
      Komisaris Perseroan untuk menunjuk Kantor Akuntan Publik yang           of Commissioners of the Company to appoint a Public Accounting Firm
      terdaftar di OJK untuk mengaudit Laporan Keuangan Konsolidasian         registered with the OJK to audit the Consolidated Financial Statements
      Perseroan dan Entitas Anak untuk Tahun Buku yang berakhir pada          of the Company and its Subsidiaries for the Financial Year ended
      tanggal 31 Desember 2024, dan memberikan kewenangan kepada              December 31, 2024, and authorize the Board of Commissioners of the
      Dewan Komisaris Perseroan untuk menetapkan honorarium Akuntan           Company to determine the honorarium of the Public Accountant and /or
      Publik dan/atau Kantor Akuntan Publik tersebut serta persyaratan        Public Accounting Firm and other requirements for its appointment, and
      lain penunjukannnya, dan menunjuk Akuntan Publik dan/atau Kantor        appoint a public accountant and/or a replacement Public Accounting
      Akuntan Publik pengganti dalam hal Akuntan Publik dan/atau Kantor       Firm in the case of a public accountant and/or a public accounting firm
      Akuntan Publik yang telah ditunjuk tersebut karena sebab apapun tidak   that has been appointed for any reason unable to complete the audit
      dapat menyelesaikan tugas audit Laporan Keuangan Perseroan untuk        task of the Company’s Financial Statements for the Fiscal Year of 2024.
      Tahun Buku 2024.
      Realisasi                                                               Realization
      Telah selesai dilaksanakan.                                             Completed.




                              Mata Acara Keempat                                                          Fourth Agendum

      Menyetujui melimpahkan kewenangan kepada Pemegang Saham                 Approve to delegate the authority to the Company’s Major Shareholders
      Utama untuk menetapkan gaji/honorarium dan tunjangan anggota            to determine the salaries/honorariums and allowances of members
      Dewan Komisaris, dan memberikan kewenangan kepada Dewan                 of the Board of Commissioners and give authority to the Board
      Komisaris untuk menetapkan gaji, tunjangan, tugas dan wewenang          of Commissioners to determine the salaries, benefits, duties and
      Direksi Perseroan.                                                      authorities of the Board of Directors of the Company.
      Realisasi                                                               Realization
      Telah selesai dilaksanakan.                                             Completed.




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                         Mata Acara Kelima                                                      Fifth Meeting Agendum

1. Menyetujui mengangkat Bapak Richard M. Harjani sebagai Komisaris    1. Approve the appointment of Mr. Richard M. Harjani as Commissioner
   Perseroan terhitung sejak tanggal ditutupnya Rapat sampai dengan       of the Company starting from the closing date of the Meeting until
   akhir periode jabatan Dewan Komisaris Perseroan lainnya yaitu          the end of the other term of office of the Company’s Board of
   hingga penutupan RUPS Tahunan Perseroan tahun buku 2026 yang           Commissioners, namely until the closing of the Company’s Annual
   akan diselenggarakan pada tahun 2027 dengan memperhatikan              GMS for the financial year 2026 to be held in 2027 by taking into
   peraturan Pasar Modal, namun dengan tidak mengurangi hak RUPS          account Capital Market regulations, but without prejudice to the
   untuk memberhentikan yang bersangkutan sewaktu-waktu;                  right of the GMS to dismiss the person concerned at any time;

2. Dan selanjutnya, menyetujui susunan Dewan Komisaris Perseroan       2. And furthermore, approved the new composition of the Board of
   yang baru terhitung sejak ditutupnya Rapat sampai dengan               Commissioners of the Company from the closing of the Meeting until
   penutupan RUPS Tahunan Perseroan tahun buku 2026 yang akan             the closing of the Company’s Annual GMS for the 2026 financial year
   diselenggarakan pada tahun 2027, menjadi sebagai berikut:              which will be held in 2027, to be as follows:

   Dewan Komisaris                                                         Board of Commissioners
   Komisaris Utama: Ardy Hady Wijaya                                       President Commissioner: Ardy Hady Wijaya
   Komisaris: Richard Halim Kusuma                                         Commissioner: Richard Halim Kusuma
   Komisaris Independen: Lim Bing Tjay                                     Independent Commissioner: Lim Bing Tjay
   Komisaris Independen: I Gusti Putu Suryawirawan                         Independent Commissioner: I Gusti Putu Suryawirawan
   Komisaris: Andreas Harun Djumadi                                        Commissioner: Andreas Harun Djumadi
   Komisaris: Richard M. Harjani                                           Commissioner: Richard M. Harjani

3. Memberikan kuasa kepada Direksi perseroan dengan hak substitusi     3. Authorize the Board of Directors of the company with the right of
   untuk menyatakan kembali keputusan berkenaan dengan                    substitution to re-declare the decision regarding the change in the
   perubahan susunan anggota Dewan Komisaris perseroan tersebut           composition of the Board of Commissioners of the company in front
   dihadapan Notaris dan selanjutnya memberitahukannya kepada             of the Notary and then inform the Minister of Law and Human Rights
   Menteri Hukum dan Hak Asasi Manusia republik indonesia, dan            of the Republic of Indonesia, and for that do all necessary actions in
   untuk itu melakukan segala tindakan yang diperlukan sesuai dengan      accordance with the laws and regulations.
   peraturan perundang-undangan.
Realisasi                                                              Realization
Telah selesai dilaksanakan.                                            Completed.




PELAKSANAAN RUPSLB 2024                                                  2024 EGMS IMPLEMENTATION

Tanggal Pelaksanaan                  19 Juni 2024                                           19 June 2024
Implementation Date

Waktu                                11.25 – 11.42 WIB                                      11.25 AM to 11.42 AM
Time

Lokasi                               Erajaya Plaza, Jalan Bandengan Selatan nomor 20,       Erajaya Plaza, Jalan Bandengan Selatan nomor 20,
Location                             Pekojan, Tambora, Jakarta Barat.                       Pekojan, Tambora, Jakarta Barat.

Mata Acara                           Persetujuan perpanjangan pengalihan sebagian           Approval of the extension of the transfer of a portion
Agenda                               Saham Treasuri melalui pelaksanaan Program             of Treasury Shares through the implementation of
                                     Kepemilikan Saham oleh Manajemen dan Karyawan          the Management and Employee Stock Ownership
                                     (Management and Employee Stock Ownership Program       Program or MESOP.
                                     atau MESOP).

Kuorum                               RUPSLB dihadiri oleh para pemegang saham               The EGMS were attended by the shareholders or
Quorum                               atau kuasa pemegang saham Perseroan yang sah           authorized shareholders of the Company amounting
                                     berjumlah 10.844.541.537 saham atau sebesar            to 10,844,541,537 shares or + 68.7082% of all issued
                                     + 68,7082% dari seluruh saham yang telah               and fully paid-up shares in the Company after
                                     ditempatkan dan disetor penuh dalam Perseroan          deducting the portion of Treasury Stock owned by
                                     setelah dikurangi Treasury Stock sebesar 166.515.100   the Company as much as 166,515,100 shares.
                                     saham.




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       Kehadiran Direksi dan                        Hadir | Present:
       Dewan Komisaris
                                                    Direksi | Board of Directors
       Attendance of the Board of                   Direktur Utama | President Director: Budiarto Halim
       Directors and the Board of                   Wakil Direktur Utama | Vice President Director: Hasan Aula
       Commissioners                                Direktur | Director: Sintawati Halim
                                                    Direktur | Director: Sim Chee Ping
                                                    Direktur | Director: Djohan Sutanto
                                                    Direktur | Director: Jong Woon Kim
                                                    Direktur | Director: Elly
                                                    Direktur | Director: Michella Ardy Hady Wijaya
                                                    Direktur | Director: Keith Ardy Hady Wijaya

                                                    Dewan Komisaris | Board of Commissioners
                                                    Komisaris Independen | Independent Commissioner: Lim Bing Tjay
                                                    Komisaris Independen | Independent Commissioner: I Gusti Putu Suryawirawan
                                                    Komisaris | Commissioner: Andreas Harun Djumadi

                                                    Tidak hadir | Not present:
                                                    Joy Wahyudi (Wakil Direktur Utama | Vice President Director)
                                                    Ardy Hady Wijaya (Komisaris Utama | President Commissioner)
                                                    Richard Halim Kusuma (Komisaris | Commissioner)

       Pimpinan Rapat                               Rapat dipimpin oleh Lim Bing Tjay seku Komisaris               The meeting was chaired by Mr. Andreas Harun
       Chairman of the Meeting                      Independen Perseroan, berdasarkan SK Dewan                     Djumadi as Independent Commissioner of the
                                                    Komisaris No. 032/ERAA/SK-KOM/VI/2024 tanggal                  Company, based on the Decree of the Board of
                                                    6 Juni 2024 tentang Penunjukan Pimpinan RUPS,                  Commissioners No. 032/ERAA/SK-KOM.VI/2024
                                                    dan pemaparan agenda dan penjelasan rapat                      dated 6 June 2024 regarding the Appointment of the
                                                    disampaikan oleh Bapak Hasan Aula selaku Wakil                 Chairperson of the GMS, and the presentation of
                                                    Direktur Utama.                                                the meeting agenda and explanation was delivered
                                                                                                                   by Mr. Hasan Aula as Vice President Director of the
                                                                                                                   Company.

       Pihak Independen dalam                       Perseroan menunjuk Notaris RM Dendy Soebangil,                 The Company appointed Public Notary RM
       Perhitungan Suara                            S.H., M.Kn. dan Biro Administrasi Efek, PT Raya                Dendy Soebangil, S.H., M.Kn. and the Securities
                                                    Saham Registra, sebagai pihak Independen untuk                 Administration Bureau, PT Raya Saham Registra,
       Independent Party in Vote                    menghitung dan/atau melakukan validasi suara di                as Independent parties to calculate and/or validate
       Counting                                     dalam Rapat.                                                   votes in the Meeting.

       Risalah RUPST                                Risalah Rapat dituangkan dalam Akta Berita Acara               The Minutes of the Meeting is stated in the Deed
       AGMS Minutes                                 Rapat Umum Pemegang Saham Tahunan PT Erajaya                   of Minutes of the Annual General Meeting of
                                                    Swasembada Tbk nomor 08 tanggal 19 Juni 2024                   Shareholders of PT Erajaya Swasembada Tbk
                                                    yang dibuat oleh RM Dendy Soebangil, S.H., M.Kn.,              number 08 dated June 19, 2024, made by RM Dendy
                                                    Notaris di Jakarta Selatan.                                    Soebangil, S.H., M.Kn., Notary in South Jakarta.




  Hasil Pemungutan Suara                                                                      Voting Results


                                                                                   Setuju                            Tidak Setuju                        Abstain*)
                              Mata Acara
                                                                                   Agreed                              Disagree                          Abstained
                               Agendum
                                                                                (suara | vote)                      (suara | vote)                     (suara | vote)

       Mata Acara Rapat                                                                 9.883.477.200                         678.895.237                         282.169.100
       Meeting Agendum
                                                                                               91,138%                              6,260%                             2,602%
  *)
        Sesuai POJK No.15/2020, suara abstain mengikuti suara mayoritas, jumlah tersebut merupakan perhitungan dari e-proxy KSEI dan BAE Perseroan.
        In accordance with POJK No.15/2020, the vote abstained following the majority vote, this number is the calculation of the e-proxy of KSEI and the Company’s Registrar.




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Keputusan RUPS Luar Biasa dan Realisasi                                 Extraordinary GMS Resolutions and Realization

                            Mata Acara                                                                Agendum

1. Menyetujui perpanjangan Pengalihan sebagian Saham Treasuri          1. Approve the extension of Partial transfer a portion of Treasury Stock
   yang dimilik oleh Perseroan untuk Program Kepemilikan Saham            owned by the Company for the Management and Employee Stock
   Manajemen dan Karyawan Perseroan (Management and Employee              Ownership Program (“MESOP Program”) with a maximum amount of
   Stock Ownership Program) (“Program MESOP”) dengan jumlah               51,540,500 shares or 0.32% of the issued and fully paid-up capital in
   sebanyak-banyaknya 51.540.500 lembar saham atau 0,32% dari             the Company;
   modal ditempatkan dan disetor penuh dalam Perseroan;
2. Memberikan kuasa kepada Dewan Komisaris Perseroan untuk             2. Granted the Authorization to the Board of Commissioners of the
   menyatakan realisasi pengeluaran saham treasuri Perseroan              Company to declare the realization of the issuance of the Company’s
   sehubungan dengan pelaksanaan Program MESOP, kuasa tersebut            Treasury Stock in connection with the implementation of the MESOP
   berlaku untuk jangka waktu sebagaimana diatur dalam peraturan          Program, the power of attorney is valid for a period as stipulated in
   dan ketentuan yang ada;                                                existing rules and regulations;
3. Memberikan kewenangan kepada Direksi Perseroan untuk                3. Granted the Authorization to the Board of Directors of the Company
   melakukan segala tindakan yang diperlukan dalam melaksanakan           to take all actions necessary in implementing the resolutions of the
   keputusan Rapat termasuk untuk melakukan tindakan apapun               Meeting including to take any action for and within the framework
   untuk dan dalam rangka Program MESOP, antara lain namun tidak          of the MESOP Program, including but not limited to, determining
   terbatas, menentukan kriteria dan pelaksanaan seleksi peserta,         the criteria and implementation of participant selection, terms
   syarat dan ketentuan partisipasi dan hal-hal lain yang diperlukan      and conditions of participation and other matters needed in the
   dalam pelaksanaan Program MESOP.                                       implementation of the MESOP Program.
Realisasi                                                              Realization
Hingga Laporan Tahunan ini diterbitkan, program MESOP belum            Until this Annual Report was published, the MESOP program had not yet
dilaksanakan.                                                          been implemented.



INFORMASI MENGENAI PELAKSANAAN RUPS 1                                   INFORMATION REGARDING THE GMS 1 (ONE)
(SATU) TAHUN SEBELUM TAHUN BUKU                                         YEAR BEFORE THE FISCAL YEAR
Pada tahun 2023, Perseroan menyelenggarakan 1 (satu) kali               In 2023, the Company held 1 (one) AGMS and 1 (one) EGMS
RUPST dan 1 (satu) kali RUPSLB dengan informasi sebagai                 with the following information:
berikut:


Pelaksanaan RUPST 2023                                                  2023 AGMS Implementation

Tanggal Pelaksanaan                  30 Juni 2023                                          30 June 2023
Implementation Date

Waktu                                10.01 – 11.05 WIB                                     10.01 AM to 11.05 AM
Time

Lokasi                               Erajaya Plaza, Jalan Bandengan Selatan nomor 20,      Erajaya Plaza, Jalan Bandengan Selatan nomor 20,
Location                             Pekojan, Tambora, Jakarta Barat.                      Pekojan, Tambora, Jakarta Barat.

Mata Acara                           1. Persetujuan Laporan Tahunan & Keberlanjutan        1. Approval to the Company’s Annual Report for
Agenda                                  dan Pengesahan Laporan Keuangan Konsolidasian         the financial year 2022 and ratification of the
                                        Perseroan untuk tahun buku yang berakhir pada         Company’s Consolidated Financial Statements
                                        tanggal 31 Desember 2022.                             for the fiscal year ended December 31, 2022.
                                     2. Persetujuan atas penetapan penggunaan laba         2. Approval on determination of the use of the
                                        bersih Perseroan yang dapat diatribusikan kepada      Company’s net profit attributable to the owners
                                        pemilik Entitas Induk Perseroan periode tahun         of the Company’s Parent Entity for the fiscal year
                                        buku yang berakhir pada tanggal 31 Desember           ended December 31, 2022.
                                        2022.
                                     3. Pelimpahan wewenang kepada Dewan Komisaris         3. Delegation the authority to the Board of
                                        Perseroan untuk Penunjukan Kantor Akuntan             Commissioners of the Company for the
                                        Publik yang akan melakukan audit Laporan              Appointment of a Public Accountant Firm
                                        Keuangan Konsolidasian Perseroan untuk Tahun          that will audit the Company’s Consolidated
                                        Buku 2023 dan menetapkan honorarium Kantor            Financial Statements for the fiscal year of 2023
                                        Akuntan Publik serta persyaratan lainnya.             and determine the honorarium of the Public
                                                                                              Accounting Firm and other requirements.
                                     4. Penetapan honorarium dan/atau tunjangan lainnya    4. Determination     of     honorarium       and/or
                                        bagi Dewan Komisaris Perseroan dan pelimpahan         other benefits for the Company’s Board of
                                        wewenang kepada Dewan Komisaris Perseroan             Commissioners and delegation of authority
                                        untuk menetapkan remunerasi dan tunjangan             to the Company’s Board of Commissioners to
                                        lainnya bagi Anggota Direksi Perseroan masing-        determine remuneration and other benefits for
                                        masing untuk Tahun Buku 2023.                         the Company’s respective Board of Directors for
                                                                                              Fiscal Year 2023.
                                     5. Persetujuan atas Perubahan Susunan Pengurus        5. Approval of the Changes in the Company’s
                                        Perseroan.                                            Management Composition.




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      Kuorum                         RUPST dihadiri oleh para pemegang saham atau          The AGMS were attended by the shareholders
      Quorum                         kuasa pemegang saham Perseroan yang sah               or authorized shareholders of the Company
                                     berjumlah 11.857.750.740 saham atau sebesar           amounting to 11.857.750.740 shares or 75.12% of all
                                     75,12% dari seluruh saham yang telah ditempatkan      issued and fully paid-up shares in the Company after
                                     dan disetor penuh dalam Perseroan setelah             deducting the portion of Treasury Stock owned by
                                     dikurangi Treasury Stock sebesar 166.515.100 saham.   the Company as much as 166,515,100 shares.

      Kehadiran Direksi dan          Seluruh anggota Direksi dan Dewan Komisaris hadir di dalam rapat baik secara fisik maupun secara daring
      Dewan Komisaris                melalui media teleconference.
                                     All members of the Board of Directors and Board of Commissioners were present at the meeting both
      Attendance of the Board of     physically and online via teleconference.
      Directors and the Board of
      Commissioners                  Direksi | Board of Directors
                                     Direktur Utama | President Director: Budiarto Halim
                                     Wakil Direktur Utama | Vice President Director: Hasan Aula
                                     Wakil Direktur Utama | Vice President Director: Joy Wahyudi
                                     Direktur | Director: Sintawati Halim
                                     Direktur | Director: Sim Chee Ping
                                     Direktur | Director: Djohan Sutanto
                                     Direktur | Director: Jong Woon Kim

                                     Dewan Komisaris | Board of Commissioners
                                     Komisaris Utama | President Commissioner: Ardy Hady Wijaya
                                     Komisaris | Commissioner: Richard Halim Kusuma (hadir secara daring melalui media telekonferensi |
                                     present online through media teleconferences)
                                     Komisaris Independen | Independent Commissioner: Lim Bing Tjay
                                     Komisaris Independen | Independent Commissioner: I Gusti Putu Suryawirawan

      Pimpinan Rapat                 Rapat dipimpin oleh Bapak Lim Bing Tjay selaku        The meeting was chaired by Mr. Lim Bing Tjay as
      Chairman of the Meeting        Komisaris Independen Perseroan, berdasarkan SK        Independent Commissioner of the Company, based
                                     Dewan Komisaris No. 024/ERAA/SK-KOM.V/2023            on the Decree of the Board of Commissioners
                                     tanggal 8 Juni 2023 tentang Penunjukan Pimpinan       No. 024/ERAA/SK-KOM.V/2023 dated 8 June 2023
                                     RUPS, dan pemaparan agenda dan penjelasan rapat       regarding the Appointment of the Chairperson
                                     disampaikan oleh Bapak Hasan Aula selaku Wakil        of the GMS, and the presentation of the meeting
                                     Direktur Utama Perseroan.                             agenda and explanation was delivered by Mr. Hasan
                                                                                           Aula as Vice President Director of the Company.

      Pihak Independen dalam         Perseroan menunjuk Notaris RM Dendy Soebangil,        The Company appointed Public Notary RM
      Perhitungan Suara              S.H., M.Kn. dan Biro Administrasi Efek, PT Raya       Dendy Soebangil, S.H., M.Kn. and the Securities
                                     Saham Registra, sebagai pihak Independen untuk        Administration Bureau, PT Raya Saham Registra,
      Independent Party in Vote      menghitung dan/atau melakukan validasi suara di       as Independent parties to calculate and/or validate
      Counting                       dalam Rapat.                                          votes in the Meeting.

      Risalah RUPST                  Risalah Rapat dituangkan dalam Akta Pernyataan        The Minutes of Meeting is stated in the Deed of the
      AGMS Minutes                   Keputusan Rapat Umum Pemegang Saham Tahunan           Statement of Resolutions of the Annual General
                                     PT Erajaya Swasembada Tbk nomor 23 tanggal 30         Meeting of Shareholders of PT Erajaya Swasembada
                                     Juni 2023 yang dibuat oleh RM Dendy Soebangil,        Tbk number 23 dated 30 June 2023 made by RM
                                     S.H., M.Kn., Notaris di Jakarta Selatan.              Dendy Soebangil, S.H., M.Kn., Notary in South
                                                                                           Jakarta.

      Realisasi Keputusan            Seluruh keputusan RUPST tahun 2023 telah              All resolutions of the AGMS in 2023 have been
      RUPST                          direalisasikan pada tahun 2023. Tidak ada keputusan   well realized in 2023. There are none of the AGMS
                                     RUPST tahun 2023 yang direalisasikan pada tahun       Resolutions in 2023 which were realized in 2024 or
      Realization of AGMS            2024 atau belum direalisasikan.                       have not been realized.
      Resolutions


  Pelaksanaan RUPSLB 2023                                               2023 EGMS Implementation

      Tanggal Pelaksanaan            6 September 2023                                      6 September 2023
      Implementation Date

      Waktu                          10.14 – 11.37 WIB                                     10.14 AM to 11.37 AM
      Time

      Lokasi                         Erajaya Plaza, Jalan Bandengan Selatan nomor 20,      Erajaya Plaza, Jalan Bandengan Selatan nomor 20,
      Location                       Pekojan, Tambora, Jakarta Barat.                      Pekojan, Tambora, Jakarta Barat.




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Mata Acara                   1. Persetujuan atas Perubahan Susunan Direksi          1. Approval of the Changes in the Company’s Board
Agenda                          Perseroan.                                             of Directors Composition.
                             2. Persetujuan pengalihan sebagian Saham Treasuri      2. Approval of the Partial Transfer of Treasury
                                melalui pelaksanaan Program Kepemilikan Saham          Stock owned by the Company through the
                                oleh Manajemen dan Karyawan (Management and            implementation of the Management and
                                Employee Stock Ownership Program atau MESOP).          Employee Stock Ownership Program or MESOP.

Kuorum                       RUPSLB dihadiri oleh para pemegang saham               The EGMS were attended by the shareholders or
Quorum                       atau kuasa pemegang saham Perseroan yang               authorized shareholders of the Company amounting
                             sah berjumlah 11.496.849.817 saham atau                to 11,496,849,817 shares or 72.84% of all issued and
                             sebesar 72,84%% dari seluruh saham yang telah          fully paid shares in the Company after deducting the
                             ditempatkan dan disetor penuh dalam Perseroan          portion of Treasury Stock owned by the Company as
                             setelah dikurangi Treasury Stock sebesar 166.515.100   much as 166,515,100 shares.
                             saham.

Kehadiran Direksi dan        Hadir | Present:
Dewan Komisaris
                             Direksi | Board of Directors
Attendance of the Board of   Wakil Direktur Utama | Vice President Director: Hasan Aula
Directors and the Board of   Wakil Direktur Utama | Vice President Director: Joy Wahyudi
Commissioners                Direktur | Director: Sintawati Halim
                             Direktur | Director: Djohan Sutanto
                             Direktur | Director: Elly

                             Dewan Komisaris | Board of Commissioners
                             Komisaris Utama | President Commissioner: Ardy Hady Wijaya
                             Komisaris | Commissioner: Richard Halim Kusuma
                             Komisaris Independen | Independent Commissioner: Lim Bing Tjay
                             Komisaris Independen | Independent Commissioner: I Gusti Putu Suryawirawan
                             Komisaris | Commissioner: Andreas Harun Djumadi

                             Tidak hadir | Not present:
                             Budiarto Halim (Direktur Utama | President Director)
                             Sim Chee Ping (Direktur | Director)
                             Jong Woon Kim (Direktur | Director)

Pimpinan Rapat               Rapat dipimpin oleh Bapak Andreas Harun Djumadi        The meeting was chaired by Mr. Andreas Harun
Chairman of the Meeting      selaku Komisaris Perseroan, berdasarkan SK Dewan       Djumadi as Commissionerof the Company, based
                             Komisaris No. 053/ERAA/SK-KOM.VIII/2023 tanggal        on the Decree of the Board of Commissioners No.
                             15 Agustus 2023 tentang Penunjukan Pimpinan            053/ERAA/SK-KOM.VIII/2023 dated 15 August 2023
                             RUPS, dan pemaparan agenda dan penjelasan rapat        regarding the Appointment of the Chairperson
                             disampaikan oleh Bapak Hasan Aula selaku Wakil         of the GMS, and the presentation of the meeting
                             Direktur Utama Perseroan.                              agenda and explanation was delivered by Mr. Hasan
                                                                                    Aula as Vice President Director of the Company.

Pihak Independen dalam       Perseroan menunjuk Notaris RM Dendy Soebangil,         The Company appointed Public Notary RM
Perhitungan Suara            S.H., M.Kn. dan Biro Administrasi Efek, PT Raya        Dendy Soebangil, S.H., M.Kn. and the Securities
                             Saham Registra, sebagai pihak Independen untuk         Administration Bureau, PT Raya Saham Registra,
Independent Party in Vote    menghitung dan/atau melakukan validasi suara di        as Independent parties to calculate and/or validate
Counting                     dalam Rapat.                                           votes in the Meeting.

Risalah RUPST                Risalah Rapat dituangkan dalam Akta Pernyataan         The Minutes of Meeting is stated in the Deed of
AGMS Minutes                 Keputusan Rapat Umum Pemegang Saham Luar               the Statement of Resolutions of the Extraordinary
                             Biasa PT Erajaya Swasembada Tbk nomor 04 tanggal       General Meeting of Shareholders of PT Erajaya
                             6 September 2023 yang dibuat oleh RM Dendy             Swasembada Tbk number 04 dated 6 September
                             Soebangil, S.H., M.Kn., Notaris di Jakarta Selatan.    2023 made by RM Dendy Soebangil, S.H., M.Kn.,
                                                                                    Notary in South Jakarta.

Realisasi Keputusan          • Agenda pertama telah direalisasikan pada tahun       • The first agendum has been realized in 2023.
RUPST                          2023.
                             • Agenda kedua (Program MESOP) hingga Laporan          • The second agenda (MESOP Program) has not yet
Realization of AGMS            Tahunan ini diterbitkan belum dilaksanakan.            been implemented until this Annual Report was
Resolutions                                                                           published.




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  Direksi
  BOARD OF DIRECTORS




             “Direksi adalah organ utama Perseroan yang bertugas dan bertanggung
             jawab penuh atas pengurusan Perseroan demi tercapainya kepentingan
             terbaik Perseroan sesuai dengan maksud dan tujuan Perseroan yang
             ditetapkan dalam anggaran dasar.”

             “The Board of Directors is the main organ of the Company tasked with and fully responsible for managing
             the Company in order to achieve the best interests of the Company in accordance with the goals and
             objectives of the Company as stipulated in the articles of association.”




  KOMPOSISI DIREKSI                                                       COMPOSITION OF THE BOARD OF DIRECTORS
  Komposisi Direksi Perseroan pada 31 Desember 2024 adalah                The composition of the Company’s Board of Directors as of 31
  sebagai berikut:                                                        December 2024 is as follows:



                Nama                          Jabatan
                                                                 Dasar Hukum Pengangkatan               Legal Basis of Appointment
                Name                          Position

      Budiarto Halim               Direktur Utama            Akta Berita Acara RUPST Nomor 08     Deed of Minutes of the AGMS Number
                                   President Director        Tanggal 23 Juni 2022.                08 dated 23 June 2022.
      Hasan Aula                   Wakil Direktur Utama
                                   Vice President Director
      Joy Wahjudi                  Wakil Direktur Utama
                                   Vice President Director
      Sintawati Halim              Direktur
                                   Director
      Djohan Sutanto               Direktur
                                   Director
      Sim Chee Ping                Direktur
                                   Director
      Jong Woon Kim                Direktur
                                   Director
      Elly                         Direktur                  Akta Pernyataan Keputusan RUPST      Deed of Decision Statement of the AGMS
                                   Director                  Nomor 23 Tanggal 30 Juni 2023.       Number 23 dated 30 June 2023.
      Mitchella Ardy Hady Wijaya   Direktur                  Akta Berita Acara RUPSLB Nomor 03    Deed of Minutes of the EGMS Number
                                   Director                  Tanggal 6 September 2023.            03 dated 6 September 2022.
      Keith Ardy Hady Wijaya       Direktur
                                   Director




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TUGAS DAN TANGGUNG                     JAWAB      DIREKSI        COLLEGIAL DUTIES AND RESPONSIBILITIES OF
SECARA KOLEGIAL                                                  THE BOARD OF DIRECTORS
Direksi menjalankan tugas, tanggung jawab, dan wewenangnya       The Board of Directors carries out its duties, responsibilities
dengan berpedoman pada Pedoman Kerja Direksi, Anggaran           and authorities by referring to the Board of Directors Charter,
Dasar Perseroan, dan peraturan perundang-undangan                the Company’s Articles of Association, and applicable laws and
yang berlaku. Tugas dan tanggung jawab kolegial Direksi          regulations. The collegial duties and responsibilities of the
sebagaimana tercantum pada Pedoman Kerja Direksi adalah          Board of Directors as stated in the Board of Directors Work
sebagai berikut:                                                 Guidelines are as follows:
1. Memimpin, dan mengurus Perseroan sesuai dengan                1. To lead and manage the Company according to the
    tujuan Perseroan dan senantiasa berusaha meningkatkan            Company’s objectives and to continuously strive to improve
    efisiensi dan efektivitas Perseroan.                             the efficiency and effectiveness of the Company.
2. Menguasai, memelihara dan mengurus kekayaan                   2. To take control, maintain, and manage the Company’s
    Perseroan.                                                       assets.
3. Mengevaluasi visi, misi dan nilai-nilai luhur Perseroan       3. To review and approve (for any revision) on the vision,
    secara berkala dan memberikan persetujuan (apabila               mission, and values of the Company regularly.
    terdapat perubahan).
4. Melaksanakan prinsip pengelolaan GCG dalam Perseroan.         4. To implement GCG management in the Company.
5. Membantu Dewan Komisaris apabila diperlukan dalam             5. To assist the Board of Commissioners, if necessary, in the
    proses penunjukan penilai independen dalam proses               process of appointing an independent consultant as part
    assessment penerapan GCG di Perseroan.                          of the assessment of GCG implementation in the Company.
6. Menyelenggarakan suatu sistem pengendalian internal           6. To implement an effective internal control system to
    yang efektif untuk mengamankan investasi dan aset               protect the Company’s investment and assets.
    Perseroan.
7. Melaksanakan tugasnya dengan itikad baik untuk                7. To carry out their duties with good faith for the interests of
    kepentingan Perseroan dan sesuai dengan maksud dan              the Company and according to the purposes and objectives
    tujuan Perseroan, serta memastikan agar Perseroan               of the Company and to ensure that the Company carries
    melaksanakan       tanggung      jawab    sosialnya serta       out its social responsibility and takes into consideration
    memperhatikan kepentingan dari berbagai pemangku                the interests of other stakeholders pursuant to the law and
    kepentingan sesuai dengan ketentuan peraturan                   regulations.
    perundang-undangan.
8. Untuk memenuhi syarat akuntabilitas, keterbukaan, dan         8. To fulfill its accountability, transparency, and proper
    tertib administrasi, Direksi wajib:                             administration requirements, the Board of Directors shall:
    a. Menyelenggarakan RUPS,                                       a. Organize GMS,
    b. Membuat daftar pemegang saham, daftar khusus,                b. Prepare shareholder list, special list, minutes of GMS,
         risalah RUPS dan risalah rapat Direksi,                       and the Board of Directors’ minutes of meeting,
    c. Membuat laporan tahunan dan laporan keuangan                 c. Prepare the Company’s annual report and financial
         Perseroan,                                                    report,
    d. Memelihara seluruh daftar, risalah, dan dokumen              d. Maintain all lists, minutes and financial documents as
         keuangan Perseroan dan dokumen lainnya, serta                 well as other documents, and
    e. Menyimpan seluruh daftar, risalah, dokumen                   e. Keep all lists, minutes, financial documents, and other
         keuangan Perseroan, dan dokumen lainnya di tempat             documents in the Company’s area.
         kedudukan Perseroan.
9. Mengelola Perseroan dan wajib mempertanggungjawabkan          9. To manage the Company and be responsible for carrying
    pelaksanaan tugasnya kepada pemegang saham/pemilik              out its duties to the shareholders/investors.
    modal.
10. Mempertimbangkan risiko-risiko usaha dalam setiap            10. To take into consideration the business risks in each
    pengambilan keputusan/ tindakan.                                 decision/action.
11. Membangun dan melaksanakan program manajemen                 11. To develop and implement the Company’s integrated risk
    risiko Perseroan secara terpadu yang merupakan bagian            management program as part of GCG implementation.
    dari pelaksanaan program GCG.
12. Menyelenggarakan pengawasan internal, yakni dengan           12. To organize internal control, which is by establishing the
    membentuk Unit Audit Internal dan membuat Piagam                 Internal Audit Unit and formulating an Internal Audit
    Audit Internal.                                                  Charter.
13. Menjaga dan mengevaluasi kualitas fungsi pengawasan          13. To maintain and evaluate the quality of the Company’s
    internal serta secara periodik menyampaikan laporan              internal control function and periodically submit reports
    pelaksanaan fungsi pengawasan internal kepada Dewan              on the implementation of the Company’s internal control
    Komisaris.                                                       function to the Board of Commissioners.



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  14. Menyelenggarakan fungsi Sekretaris Perusahaan serta            14. To establish the Corporate Secretary function as
      menjaga dan mengevaluasi kualitas fungsi Sekretaris                well as maintain and evaluate the quality of the
      Perusahaan.                                                        CorporateSecretary’s function.
  15. Apabila diperlukan atau diminta oleh Dewan Komisaris           15. If needed or requested by the Board of Commissioners
      melalui Komite Audit, Direksi membantu Dewan Komisaris             through the Audit Committee, the Board of Directors assists
      dalam proses penunjukan calon auditor eksternal sesuai             the Board of Commissioners in the process of appointing
      dengan ketentuan pengadaan barang dan jasa Perseroan.              prospective external auditors according to the provisions
                                                                         of the Company’s goods and services procurement.
  16. Bersama-sama dengan Dewan Komisaris memastikan                 16. Together with the Board of Commissioners ensure
      bahwa auditor eksternal, auditor internal, dan Komite              that external auditors, internal auditors, and the Audit
      Audit, serta komite penunjang lainnya, memiliki akses              Committee, as well as other supporting committees,
      terhadap catatan akuntansi, data penunjang, dan                    have access to accounting records, supporting data, and
      informasi mengenai Perseroan, sepanjang diperlukan                 information about the Company, as deemed necessary to
      untuk melaksanakan tugasnya.                                       carry out their duties.
  17. Mempekerjakan, menetapkan besarnya gaji, memberikan            17. To hire, determine the amount of salary, provide training,
      pelatihan, menetapkan jenjang karier, serta menentukan             determine the career paths, and determine other work
      persyaratan kerja lainnya, tanpa memperhatikan latar               requirements, regardless of ethnic background, religion,
      belakang etnik, agama, jenis kelamin, usia, atau keadaan           gender, age, or any other special conditions that are
      khusus lainnya yang dilindungi oleh peraturan perundang-           governed and protected by the laws and regulations.
      undangan.
  18. Menyediakan lingkungan kerja yang bebas dari segala            18. To provide a working environment that is free from all
      bentuk tekanan (pelecehan) yang mungkin timbul sebagai             forms of pressure (abuse) that may arise as a result of
      akibat perbedaan watak, keadaan pribadi, dan latar                 differences in individual character, personal circumstances,
      belakang kebudayaan seseorang.                                     and cultural background.
  19. Setiap anggota Direksi bertanggung jawab secara tanggung       19. Each member Board of Directors is jointly liable for the
      renteng atas kerugian Perseroan yang disebabkan                    Company’s losses caused by the fault or negligence by
      oleh kesalahan atau kelalaian anggota Direksi dalam                members of the Board of Directors when carrying out their
      menjalankan tugasnya.                                              duties.




         RUANG LINGKUP TUGAS ANGGOTA DIREKSI
         Scope of Duties of member of the Board of Directors



                                                          Direksi bertugas secara kolektif kolegial. Setiap anggota Direksi dapat
                                                          melaksanakan tugas dan mengambil keputusan namun keputusan Direksi
                                                          merupakan tanggung jawab bersama. Agar dapat melaksanakan tugasnya
                                                          secara lebih efektif dan efisien, setiap anggota Direksi memiliki ruang lingkup
                                                          dan tugas sesuai bidang dan kompetensinya. Pelaksanaan tugas, wewenang
                                                          dan tanggung jawab setiap anggota Direksi diatur di dalam Pedoman Kerja
                                                          Direksi.

                                                          The Board of Directors performs its duties collectively and collegially. Each
                                                          member of the Board of Directors can carry out their duties and make
                                                          decisions; however, the decision of the Board of Directors is a shared
                                                          responsibility. In order to be able to carry out their duties more effectively
                                                          and efficiently, each member of the Board of Directors has scope and duties
                                                          according to their fields and competencies. The implementation of duties,
                                                          authorities and responsibilities of each member of the Board of Directors is
                                                          guided by the Board of Directors Charter.




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 Budiarto Halim                                                     Tata kelola perusahaan, audit internal.
 Direktur Utama & Group CEO                                         Corporate governance, internal audit.
 President Director & Group CEO
 Hasan Aula                                                         Akuntansi, pajak, sumber daya manusia, hukum, litigasi, dan bagian umum, Sekretaris
 Wakil Direktur Utama & Deputy Group CEO                            Perusahaan, relasi pemangku kepentingan.
 Vice President Director & Deputy Group CEO                         Accounting, tax, human resources, legal, litigation, and general affairs, Corporate
                                                                    Secretary, stakeholder relations.
 Joy Wahjudi                                                        Pimpinan Bisnis Ritel & Distribusi Digital dan Bisnis Internasional, Hubungan Investor
 Wakil Direktur Utama & CEO Erajaya Digital                         International business, retail & distribution of telecommunication devices.
 Vice President Director & CEO Erajaya DIgital
 Sintawati Halim                                                    Keuangan & pengadaan.
 Direktur & Group CFO                                               Finance & procurement.
 Director & Group CFO
 Djohan Sutanto                                                     Pimpinan Bisnis Ritel & Distribusi Gaya Hidup Aktif.
 Direktur & CEO Erajaya Active Lifestyle                            Active Lifestyle Retail & Distribution Business Lead.
 Director & CEO Erajaya Active Lifestyle
 Sim Chee Ping                                                      Pemasaran, pengembangan usaha, manajemen rantai persediaan, & teknologi informasi
 Direktur & CEO Erajaya Foods & Nourishments                        Marketing, business development, supply chain management, & information technology
 Director & CEO Erajaya Foods & Nourishments
 Jong Woon Kim                                                      Ritel & distribusi perangkat telekomunikasi.
 Direktur & Deputy CEO Erajaya Digital                              Retail & distribution of telecommunication devices.
 Director & Deputy CEO Erajaya DIgital
 Elly*)                                                             Pimpinan Bisnis Ritel & Distribusi produk perawatan kecantikan, kesehatan serta
 Direktur & CEO Erajaya Beauty & Wellness                           produk-produk farmasi.
 Director & CEO Erajaya Beauty & Wellness                           Retail & distribution of beauty care, health, and pharmaceutical products.
 Mitchella Ardy Hady Wijaya*)                                       Operasional korporasi secara keseluruhan, asistensi sehubungan manajemen
 Direktur & Deputy Group CSO                                        operasional.
 Director & Deputy Group CSO                                        Overall corporate operations, assistance regarding operational management.
 Keith Ardy Hady Wijaya*)                                           Asistensi sehubungan dengan manajemen keuangan dan pengadaan korporasi secara
 Direktur & Deputy Group CFO                                        keseluruhan.
 Director & Deputy Group CFO                                        Assistance related to overall financial management and corporate procurement.
*)
     Telah mengundurkan diri sebagai anggota Direksi Perseroan efektif sejak tanggal 31 Januari 2025 yang disahkan dalam Keputusan RUPS Luar Biasa dengan Akta
     Pernyataan Keputusan RUPSLB Nomor 14 tanggal 19 Maret 2025.
     Has resigned as a member of the Company’s Board of Directors effective as of January 31, 2025, which was ratified in the Resoluyion of the Extraordinary GMS with the
     Deed of Statement of Decision of the Extraordinary GMS Number 14 dated March 19, 2025.




          PEDOMAN KERJA DIREKSI
          Board of Directors Charter

          Direksi memiliki peran yang penting dalam mengelola jalannya                    The Board of Directors has a key role in managing the running
          usaha Pereroan, sehingga diperlukan suatu pedoman kerja                         of the Company’s business, so the Board of Directors needs
          bagi Direksi dalam melaksanakan tugas, tanggung jawab, dan                      a work guideline in carrying out its duties, responsibilities,
          wewenangnya untuk memenuhi kepentingan pemegang saham                           and authorities to fulfill the interests of shareholders and
          dan pemangku kepentingan lainnya. Dengan adanya Pedoman                         other stakeholders. With reference to the Board of Directors
          Kerja Direksi, maka Direksi akan senantiasa bertindak dan                       Charter, the Board of Directors will always act and behave in
          bersikap sesuai dengan prinsip-prinsip GCG, standar etika,                      accordance with GCG principles, ethical standards, and values
          dan nilai-nilai yang berlaku dalam Perseroan, serta mematuhi                    that apply in the Company, as well as comply with applicable
          peraturan perundang-udangan yang berlaku dan Anggaran                           laws and regulations and the Company’s Articles of Association.
          Dasar Perseroan. Secara garis besar, Pedoman Kerja Direksi                      In principle, the contents of the Board of Directors Charter
          mengatur antara lain: 1) Pengangkatan, pemberhentian,                           are as follows: 1) Board of Director’s appointment, dismissal
          pengunduran diri, dan pemberhentian sementara Direksi, 2)                       resignation, and temporary dismissal, 2) Board of Director’s
          Kedudukan Direksi dalam organisasi, 3) Organisasi Direksi, 4)                   position in the Company’s structure, 3) Board of Director’s
          Tugas, tanggung jawab, dan wewenang Direksi, 5) Kebijakan                       organization, 4) Board of Directors’ duties, responsibilities, and
          remunerasi Direksi, 6) Rapat dan pelaporan Direksi, 7) Rencana                  authorities, 5) Board of Directors’ remuneration policy, 6) Board
          jangka panjang, rencana kerja, dan anggaran Perseroan, 8) Kode                  of Directors’ meeting and reporting, 7) Board of Directors’ long-
          etik Direksi, 9) Hubungan Direksi dengan Dewan Komisaris, dan                   term plan, work plan, and budget plan, 8) Board of Directors’
          10) Evaluasi kinerja Direksi.                                                   code of conduct, 9) Relationship between the Board of Directors
                                                                                          and the Board of Commissioners, and 10) Board of Directors’
                                                                                          performance evaluation.




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  RAPAT DIREKSI                                                         MEETINGS OF THE BOARD OF DIRECTORS



           “Rapat Direksi adalah rapat formal para anggota Direksi yang diadakan
           secara berkala atau sewaktu-waktu bila dipandang perlu oleh Direktur
           Utama atau oleh seorang atau lebih anggota Direksi, atau atas
           permintaan tertulis dari Dewan Komisaris. Jika demikian, maka Direksi
           dapat mengundang Dewan Komisaris untuk hadir dalam rapat Direksi.”

           “The Board of Directors meeting is a formal meeting of members of the Board of Directors which is held
           periodically or at any time if deemed necessary by the President Director or by one or more members of
           the Board of Directors, or upon written request from the Board of Commissioners. In that’s the case, then
           the Board of Directors may invite the Board of Commissioners to attend the Board of Directors Meeting.”



  Kebijakan Rapat Direksi                                               Policy of the Board of Directors Meeting
  Sebagaimana diatur dalam Anggaran Dasar Perseroan Pasal 17            As stipulated in Article 17 of the Company’s Articles of
  dan Pedoman Kerja Direksi, Direksi wajib mengadakan rapat             Association and the Board of Directors Charter, the Board of
  Direksi secara berkala paling kurang 1 (satu) kali dalam setiap       Directors is required to hold regular Board of Directors meetings
  bulan dan rapat Direksi bersama Dewan Komisaris secara                at least 1 (one) time a month and regular joint meetings of the
  berkala paling kurang 1 (satu) kali dalam 4 (empat) bulan.            Board of Directors and the Board of Commissioners at least 1
                                                                        (one) time in 4 (four) months.


  Rapat Direksi juga dapat diadakan setiap waktu bilamana               The Board of Directors meetings may also be held at any
  dianggap perlu oleh seorang atau lebih anggota Direksi atau           time if deemed necessary by one or more members of the
  atas permintaan tertulis dari Dewan Komisaris atau atas               Board of Directors or at a written request from the Board of
  permintaan tertulis 1 (satu) pemegang saham atau lebih yang           Commissioners or at the written request of 1 (one) or more
  bersama-sama mewakili 1/10 (satu per sepuluh) bagian dari             shareholders who jointly represent 1/10 (one tenth) of the
  jumlah seluruh saham yang telah ditempatkan oleh Perseroan            the total number of shares issued by the Company with valid
  dengan hak suara yang sah.                                            voting rights.


  Rapat Direksi sah dan berhak mengambil keputusan yang                 The Board of Directors meeting is valid and has the right to
  mengikat apabila dihadiri lebih dari 1/2 (satu perdua) bagian         make binding decisions if attended by more than 1/2 (a half)
  dari jumlah anggota Direksi hadir atau diwakili dalam rapat.          of the total members of the Board of Directors present or
                                                                        represented at the meeting.


  Pelaksanaan Rapat Direksi                                             The Board of Directors Meeting
  Pada tahun 2024, Direksi menyelenggarakan 31 (tiga puluh              In 2024, the Board of Directors held 31 (thirty-one) Board of
  satu) kali rapat Direksi. Rapat Direksi terdiri dari 12 (dua belas)   Directors meetings. The Board of Directors’ meetings consist
  kali rapat yang seluruhnya merupakan rapat bersama Direksi,           of 12 (twelve) meetings, all of which were joint meetings of the
  8 (delapan) kali rapat Komite Komersial dan 12 (dua belas) kali       Board of Directors and the Board of Commissioners, 8 (eight)
  rapat Komite Pengembangan Usaha yang juga dihadiri Dewan              Commercial Committee meetings, and 12 (twelve) Investment
  Komisaris. Selain itu, Direksi hadir dalam 4 (empat) kali rapat       Committee meetings which were also attended by the Board
  Komite Audit yang juga dihadiri oleh Dewan Komisaris.                 of Commissioners. In addition, the Board of Directors attended
                                                                        4 (four) Audit Committee meetings which were also attended
                                                                        by the Board of Commissioners.




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Informasi mengenai kehadiran anggota Direksi dalam rapat                 Information regarding the attendance of members of the
Direksi, rapat bersama Dewan Komisaris dan rapat Komite                  Board of Directors at the Board of Directors meetings, joint
Audit adalah sebagai berikut:                                            meetings with the Board of Commissioners and meetings of
                                                                         the Audit Committee are as follows:

Kehadiran Anggota Direksi dalam Rapat
Attendance of Member of the Board of Directors at the Meetings

               Nama                                      Jabatan                           Jumlah Kehadiran            % Kehadiran
               Name                                      Position                           Total Attendance           % Attendance

 Rapat Gabungan Direksi dan Dewan Komisaris | Joint Meeting of the Board of Directors and the Board of Commissioners
 Budiarto Halim                 Direktur Utama | President Director                             12 of 12                   100
 Hasan Aula                     Wakil Presiden Direktur | Vice President Director               12 of 12                   100
 Joy Wahjudi                    Wakil Presiden Direktur | Vice President Director               11 of 12                    92
 Sintawati Halim                Direktur | Director                                             12 of 12                   100
 Djohan Sutanto                 Direktur | Director                                             12 of 12                   100
 Sim Chee Ping                  Direktur | Director                                             12 of 12                   100
 Jong Woon Kim                  Direktur | Director                                             12 of 12                   100
 Elly                           Direktur | Director                                             12 of 12                   100
 Mitchella Ardy Hady Wijaya     Direktur | Director                                             12 of 12                   100
 Keith Ardy Hady Wijaya         Direktur | Director                                             12 of 12                   100
 Rapat Komite Komersial | Commercial Committee Meeting
 Budiarto Halim                 Direktur Utama | President Director                              8 of 8                    100
 Hasan Aula                     Wakil Presiden Direktur | Vice President Director                8 of 8                    100
 Joy Wahjudi                    Wakil Presiden Direktur | Vice President Director                8 of 8                    100
 Sintawati Halim                Direktur | Director                                              8 of 8                    100
 Djohan Sutanto                 Direktur | Director                                              8 of 8                    100
 Sim Chee Ping                  Direktur | Director                                              8 of 8                    100
 Jong Woon Kim                  Direktur | Director                                              8 of 8                    100
 Elly                           Direktur | Director                                              8 of 8                    100
 Mitchella Ardy Hady Wijaya     Direktur | Director                                              8 of 8                    100
 Keith Ardy Hady Wijaya         Direktur | Director                                              8 of 8                    100
 Rapat Komite Pengembangan Usaha | Investment Committee Meeting
 Budiarto Halim                 Direktur Utama | President Director                             12 of 12                   100
 Hasan Aula                     Wakil Presiden Direktur | Vice President Director               12 of 12                   100
 Joy Wahjudi                    Wakil Presiden Direktur | Vice President Director               0 of 12                      0
 Sintawati Halim                Direktur | Director                                             12 of 12                   100
Djohan Sutanto                  Direktur | Director                                             6 of 12                     55
Sim Chee Ping                   Direktur | Director                                             12 of 12                   100
Jong Woon Kim                   Direktur | Director                                             0 of 12                      0
Elly                            Direktur | Director                                             1 of 12                      9
Mitchella Ardy Hady Wijaya      Direktur | Director                                             9 of 12                     82
Keith Ardy Hady Wijaya          Direktur | Director                                             12 of 12                   100




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  Kehadiran Anggota Direksi dalam Rapat Komite Audit
  Attendance of Member of the Board of Directors in Audit Committee Meetings

                    Nama                                    Jabatan                            Jumlah Kehadiran         % Kehadiran
                    Name                                    Position                            Total Attendance        % Attendance

      Budiarto Halim               Direktur Utama | President Director                               3 of 4                  75
      Hasan Aula                   Wakil Presiden Direktur | Vice President Director                 4 of 4                 100
      Joy Wahjudi                  Wakil Presiden Direktur | Vice President Director                 3 of 4                  75
      Sintawati Halim              Direktur | Director                                               4 of 4                 100
      Djohan Sutanto               Direktur | Director                                               4 of 4                 100
      Sim Chee Ping                Direktur | Director                                               4 of 4                 100
      Jong Woon Kim                Direktur | Director                                               4 of 4                 100
      Elly                         Direktur | Director                                               4 of 4                 100
      Mitchella Ardy Hady Wijaya   Direktur | Director                                               4 of 4                 100
      Keith Ardy Hady Wijaya       Direktur | Director                                               4 of 4                 100




  Kehadiran Anggota Direksi pada RUPS                                       Attendance of members of the Board of
                                                                            Directors at the GMS
  Pada tahun 2024 Perseroan menyelenggarakan 1 (satu) kali                  In 2024, the Company held 1 (one) AGMS and 1 (one) EGMS,
  RUPST dan 1 (satu) kali RUPSLB yang keduanya pada tanggal 19              both on June 19, 2024. Information on the attendance of
  Juni 2024. Informasi kehadiran anggota Direksi dalam RUPST                members of the Board of Directors at the AGMS and EGMS is
  dan RUPSLB tersebut disajikan pada bagian pembahasan                      presented in the discussion section of the GMS.
  RUPS.


  PENGEMBANGAN KOMPETENSI DAN PROGRAM                                       COMPETENCE DEVELOPMENT AND ORIENTATION
  ORIENTASI                                                                 PROGRAM

  Kebijakan                                                                 Policy
  Anggota Direksi harus senantiasa memperluas dan                           Members of the Board of Directors must always expand
  meningkatkan   pengetahuan   yang   dimilikinya untuk                     and improve their knowledge to carry out their duties in
  menjalankan tugasnya sebagai pengurus dan pengelola                       managing the Company. For that purpose, members of the
  Perusahaan. Untuk itu anggota Direksi perlu mengikuti                     Board of Directors encourange to participate in a continuous
  program pengembangan kompetensi berkelanjutan.                            competence development program.


  Program Pengembangan kompetensi dapat berupa pelatihan                    Competence development programs can be in the form of
  eksekutif, seminar, workshop, atau short course. Direksi                  executive training, seminars, workshops, or short courses. The
  menyusun program yang akan diikuti dan memasukkan dalam                   Board of Directors prepares programs they plan to participate
  Rencana Kerja Tahunan. Program pengembangan kompetensi                    and include them in the Annual Work Plan. Competence
  anggota Direksi dapat dilakukan di dalam dan di luar negeri.              development programs for members of the Board of Directors
                                                                            can be carried out domestically and abroad.


  Anggota Direksi yang telah mengikuti program pelatihan                    Participating members are expected to share the knowledge
  diharapkan dapat berbagi informasi dan pengetahuan (sharing               gained with other members of the Board of Directors and the
  knowledge) kepada anggota Direksi lainnya dan Dewan                       Board of Commissioners.
  Komisaris.




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Program Pengembangan Kompetensi yang Diikuti Direksi pada Tahun 2024
Competence Development Programs Attended by the Board of Directors in 2024

              Peserta                                       Program                   Penyelenggara          Tanggal                Venue
             Participant                                    Program                     Organizer             Date                  Lokasi

 Budiarto Halim, Hasan Aula,             Mandiri Investment Forum 2024                    Mandiri            5 Maret        Fairmont Hotel, Jakarta
 Sintawati Halim, Sim Chee Ping          “Thriving Through Transaction”                                      5 March
 Seluruh Anggota Direksi                 Seminar & Interactive Session with BCA,            BCA              24 Juni         Erajaya Plaza, Jakarta
 All members of the Board of             Macroeconomics Global & Domestic                                    24 June
 Directors                               Outlook “Business Potentials &
                                         Challenges Post-Election in Indonesia”
 Joy Wahjudi                             CEO Networking 2024 “Navigating                  BEI, OJK         26 November      Raffless Hotel, Jakarta
                                         Global Market Forces and Technology                               26 November
                                         Innovation for Sustainable Business”

Catatan | Note:
• Mandiri: PT Bank Mandiri Persero Tbk.
• BCA: PT Bank Central Asia Tbk.
• BEI: Bursa Efek Indonesia | Indonesia Stock Exchange (IDX)
• OJK: Otoritas Jasa Keuangan | Financial Services Authority (FSA)




Program Orientasi                                                                  Orientation Program
Setiap anggota Direksi baru yang diangkat untuk pertama                            Newly appointed members of the Board of Directors are
kalinya wajib mengikuti program pengenalan mengenai                                required to participate in an orientation program regarding
Perseroan. Program pengenalan meliputi:                                            the Company. The orientation program materials include:
a. Pelaksanaan prinsip-prinsip GCG,                                                a. Implementation of GCG principles,
b. Gambaran mengenai Perseroan meliputi visi, misi, nilai-                         b. Description of the Company including vision, mission,
    nilai luhur, lingkup kegiatan usaha, kinerja keuangan dan                          noble values, scope of business activities, financial and
    operasional, strategi, rencana usaha jangka pendek dan                             operational performance, strategy, short-term and long-
    jangka panjang, posisi kompetitif, risiko, dan masalah                             term business plans, competitive position, risk, and other
    strategis lainnya,                                                                 strategic issues,
c. Keterangan berkaitan dengan kewenangan yang                                     c. Information relating to delegated authority, internal and
    didelegasikan, audit internal dan eksternal, sistem dan                            external audit, internal control systems and policies,
    kebijakan pengendalian internal, termasuk Komite Audit,                            including the Audit Committee,
d. Keterangan mengenai tugas dan tanggung jawab Direksi                            d. Information regarding duties and responsibilities of the
    serta hal-hal yang tidak diperbolehkan.                                            Board of Directors and things that are not allowed.


Program pengenalan dapat berupa presentasi, pertemuan,                             The orientation program can be in the form of presentations,
kunjungan ke unit bisnis dan anak perusahaan, serta                                meetings, visits to business units and subsidiaries, as well as
pengkajian dokumen atau program lainnya yang dianggap                              review of documents or other programs deemed relevant.
relevan.


Penyelenggaraan program orientasi dikembangkan dan                                 The orientation program is developed and led by the Corporate
dipimpin oleh Sekretaris Perusahaan. Sekretaris Perusahaan                         Secretary. The Corporate Secretary prepares all necessary
menyiapkan hal-hal yang diperlukan untuk melakukan                                 matters to conduct an induction program such as orientation
program pengenalan seperti materi program orientasi,                               program materials, meeting schedules with the Board of
jadwal pertemuan dengan Dewan Komisaris dan manajemen,                             Commissioners and management, presentation materials, as
materi presentasi, serta jadwal kunjungan ke unit bisnis/anak                      well as visits to business units/subsidiaries when necessary.
perusahaan bila diperlukan.


Pada tahun 2024, Perseroan tidak menyelenggarakan program                          The Company did not hold any orientation program in 2024
orientasi karena tidak ada anggota Direksi baru.                                   because there were no new members of the Board of Directors.




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  Penilaian atas Kinerja Komite Pendukung
  Tugas Direksi
  PERFORMANCE EVALUATION OF THE BOARD OF DIRECTORS COMMITTEES


  Direksi membentuk Komite Pengembangan Usaha (Investment           The Board of Directors established the Investment Committee
  Committee) dan Komite Komersial (Commercial Committee)            and the Commercial Committee as supporting organs for the
  sebagai organ pendukung tugas DIreksi.                            Board of Directors’ duties.


  KOMITE PENGEMBANGAN USAHA (IC)                                    INVESTMENT COMMITTEE (IC)
  IC bertanggung jawab untuk mengevaluasi potensi investasi,        The IC is responsible for evaluating investment potential,
  melakukan uji tuntas, dan membuat keputusan apakah atas           conducting due diligence, and making decisions on proposed
  usulan investasi pada bisnis baru dan/atau pengembangan           investments in new businesses and/or expansion of existing
  bisnis existing.                                                  businesses.


  Keanggotaan IC adalah sebagai berikut:                            The membership of the IC is as follows:
  • Anggota Dewan Komisaris Non-Independent,                        • Non-Independent Members of the Board of Commissioners,
  • Group CEO,                                                      • Group CEO,
  • Group CFO,                                                      • Group CFO,
  • Group CSO, dan                                                  • Group CSO, and
  • Group COO (anggota Direksi yang tidak memiliki fungsi           • Group COO (a member of the Board of Directors who does
     manajemen pada bisnis vertikal)                                   not have a management function in a vertical business)


  Sehingga dasar penilaian terhadap IC ditinjau dari efektivitas    So that the basis for assessing the IC is reviewed from the
  fungsi IC dalam mendorong peningkatan prinsip transparansi        effectiveness of the IC function in encouraging increased
  dan akuntabilitas dalam proses pengambilan keputusan              principles of transparency and accountability in the investment
  investasi untuk memitigasi potensi risiko di masa mendatang.      decision-making process to mitigate potential risks in the
                                                                    future.


  Pada tahun 2024, IC menyelenggarakan 12 (dua belas) kali          In 2024, the IC held 12 (twelve) meetings, all of which were
  rapat yang seluruhnya dihadiri oleh anggota Direksi (kehadiran    attended by members of the Board of Directors (65%
  65%). Agenda utama rapat IC adalah menelaah secara                attendance). The main agenda of the IC meetings was to
  komprehensif apakah peluang usaha yang diusulkan oleh             comprehensively review whether the business opportunities
  bisnis vertikal Perseroan telah memenuhi semua parameter          submitted by the Company’s vertical businesses have met all
  standar kelayakan investasi yang ditetapkan IC.                   the investment eligibility standard parameters set by the IC.


  KOMITE KOMERSIAL (CC)                                             COMMERCIAL COMMITTEE (CC)
  CC membantu Direksi dalam proses pengawasan, pengarahan,          The CC assists the Board of Directors in the process of
  dan pengambilan keputusan terkait kinerja dan perkembangan        supervision, direction, and decision-making related to the
  masing-masing bisnis vertikal Perseroan.                          performance and development of each of the Company’s
                                                                    vertical businesses.


  Keanggotaan CC adalah anggota Direksi yang tidak memiliki         CC membership consists of members of the Board of Directors
  fungsi manajemen pada bisnis vertikal sehingga dasar              who do not have management functions in vertical businesses,
  penilaian terhadap CC ditinjau dari efektivitas fungsi CC dalam   so the basis for assessing CC is reviewed from the effectiveness
  proses pengambilan keputusan yang tepat, sejalan penerapan        of the CC function in the appropriate decision-making process,
  prinsip kehati-hatian dan manajemen risiko.                       in line with the application of the principles of prudence and
                                                                    risk management.


  Pada tahun 2024, CC menyelenggarakan 8 (delapan) kali rapat       In 2024, the CC held 8 (eight) meetings attended by all
  yang dihadiri oleh seluruh anggota Direksi termasuk CEO           members of the Board of Directors including CEOs in each
  di masing-masing bisnis vertikal (kehadiran 100%). Agenda         vertical business (100% attendance). The main agenda of the
  utama rapat CC adalah mengevaluasi perkembangan bisnis            CC meeting was to evaluate the development of the Company’s
  vertikal Perseroan.                                               vertical businesses.



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Dewan Komisaris
THE BOARD OF COMMISSIONERS




       “Dewan Komisaris berkewajiban untuk mengawasi kebijakan
       kepengurusan yang ditetapkan oleh Direksi serta mengawasi dan
       memberikan nasihat kepada Direksi dalam melakukan kepengurusan
       sesuai dengan Anggaran Dasar dan peraturan perundangan yang berlaku,
       dengan memperhatikan prinsip-prinsip GCG.”

       “The Board of Commissioners shall oversee the management policy of the Board of Directors as well as
       oversee and provide advice to the Board of Directors in managing the Company in accordance with the
       purposes and objectives of the Company, the Articles of Association, prevailing laws and regulations, with
       due observance to the GCG principles.”




KOMPOSISI DEWAN KOMISARIS                                      COMPOSITION OF THE BOARD OF
                                                               COMMISSIONERS
Keputusan Rapat Umum Pemegang Saham Tahunan                    The decision of the Annual General Meeting of Shareholders
(RUPST) tanggal 19 Juni 2024 terkait agenda persetujuan        (AGMS) dated 19 June 2024 regarding the agenda of approval
atas perubahan susunan pengurus Perseroan menyetujui           of changes to the composition of the Company’s management
pengangkatan Bapak Richard M. Harjani sebagai Komisaris        approved Approve the appointment of Mr. Richard M. Harjani
Perseroan terhitung sejak tanggal ditutupnya RUPST tersebut    as Commissioner of the Company starting from the closing
sampai dengan akhir periode jabatan Dewan Komisaris            date of the AGMS until the end of the other term of office
Perseroan lainnya yaitu hingga penutupan RUPST Perseroan       of the Company’s Board of Commissioners, namely until the
tahun buku 2026 yang akan diselenggarakan pada tahun           closing of the Company’s AGMS for the fiscal year 2026 to be
2027 dengan memperhatikan peraturan Pasar Modal, namun         held in 2027 by taking into account Capital Market regulations,
dengan tidak mengurangi hak RUPS untuk memberhentikan          but without prejudice to the right of the GMS to dismiss the
yang bersangkutan sewaktu-waktu.                               person concerned at any time.




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  Dengan demikian, komposisi Dewan Komisaris Perseroan                                 Thus, the composition of the Company’s Board                              of
  pada 31 Desember 2024 adalah sebagai berikut:                                        Commissioners as of 31 December 2024 is as follows:



                  Nama                           Jabatan
                                                                             Dasar Hukum Pengangkatan                         Legal Basis of Appointment
                  Name                           Position

       Ardy Hady Wijaya                Komisaris Utama                 Akta Berita Acara RUPST Nomor 08               Deed of Minutes of the AGMS Number
                                       President Commissioner          Tanggal 23 Juni 2022.                          08 dated 23 June 2022.
       Richard Halim Kusuma            Komisaris
                                       Commissioner
       Lim Bing Tjay*)                 Komisaris Independen
                                       Independent Commissioner
       I Gusti Putu Suryawirawan       Komisaris Independen
                                       Independent Commissioner
       Andreas Harun Djumadi           Komisaris                       Akta Pernyataan Keputusan RUPST                Deed of Decision Statement of the AGMS
                                       Commissioner                    Nomor 23 Tanggal 30 Juni 2023.                 Number 23 dated 30 June 2023.
       Richard M. Harjani              Komisaris                       Akta Berita Acara Rapat Umum                   Deed of Minutes of the Annual General
                                       Commissioner                    Pemegang Saham Tahunan Nomor 07                Meeting of Shareholders Number 07
                                                                       tanggal 19 Juni 2024.                          dated June 19, 2024.
  *)
        Telah memberikan Surat Pernyataan Independensi sebagai Komisaris Independen kepada RUPST tanggal 23 Juni 2022 untuk memenuhi persyaratan bagi Komisaris
        Independen yang telah menjabat lebih dari 2 (dua) periode
        He has submitted The Statement of Independence of the Independent Commissioners to AGMS on 23 June 2022 to meet the requirement for Independent Commissioner
        who has served for more than 2 (two) terms of office.




  TUGAS DAN TANGGUNG JAWAB                                                             DUTIES AND RESPONSIBILITIES
  Dewan Komisaris menjalankan tugas dan tanggung jawabnya                              The Board of Commissioners carries out its duties and
  dengan berpedoman pada Pedoman Kerja Dewan Komisaris,                                responsibilities in accordance with the Board of Commissioners
  Anggaran Dasar Perseroan dan peraturan perundang-                                    Charter, the Company’s Articles of Association and applicable
  undangan yang berlaku.                                                               laws and regulations.


  Untuk mengoptimalkan fungsinya, maka Dewan Komisaris                                 To optimize its function, the Board of Commissioners
  melakukan pembagian tugas sesuai dengan kemampuan dan                                distributes duties according to the capabilities and expertise
  keahlian masing-masing anggota Dewan Komisaris dengan                                of each member of the Board of Commissioners with due
  memperhatikan lingkup usaha Perseroan. Pembagian tugas                               regard to the Company’s business scope. The division of duties
  tersebut diatur sendiri diantara anggota Dewan Komisaris.                            is regulated independently among members of the Board of
  Tugas dan tanggung jawab Dewan Komisaris sebagaimana                                 Commissioners. The duties and responsibilities of the Board
  tercantum pada Pedoman Kerja Dewan Komisaris adalah:                                 of Commissioners as stated in the Board of Commissioners
  1. Melakukan pengawasan terhadap kebijakan pengurusan,                               Charter is:
      jalannya pengurusan pada umumnya, dan memberi                                    1. To supervise management policies, the general running of
      nasihat kepada Direksi.                                                              management, and provide advice to the Board of Directors.
  2. Dalam kondisi tertentu, Dewan Komisaris wajib                                     2. Under particular circumstances, the Board of
      menyelenggarakan RUPST dan RUPS lainnya sesuai dengan                                Commissioners shall organize AGMS, and other GMS based
      kewenangannya sebagaimana diatur dalam peraturan                                     on their authority as regulated in the laws and regulations
      perundang-undangan dan anggaran dasar.                                               and the Articles of Association.
  3. Melaksanakan tugas dan tanggung jawab dengan itikad                               3. To exercise every duty and responsibility with good faith,
      baik, penuh tanggung jawab, dan kehati-hatian.                                       full responsibility, and prudence.
  4. Membentuk Komite Audit dan dapat membentuk komite                                 4. To establish an Audit Committee and may form
      lainnya untuk mendukung efektivitas pelaksanaan tugas                                other committees to support the effectiveness of the
      dan tanggung jawabnya.                                                               implementation of its duties and responsibilities.
  5. Melakukan evaluasi terhadap kinerja komite yang                                   5. To evaluate the performance of the committee that assists
      membantu pelaksanaan tugas dan tanggung jawabnya                                     in the implementation of their duties and responsibilities
      setiap akhir tahun buku.                                                             at the end of each fiscal year.
  6. Meneliti dan menelaah laporan tahunan yang dipersiapkan                           6. To examine and review the annual report prepared by the
      oleh Direksi serta menandatangani laporan tersebut,                                  Board of Directors and sign the report, as well as ensuring
      serta memastikan bahwa Laporan Tahunan Perusahaan                                    that the Company’s Annual Report has also contained
      telah memuat informasi mengenai identitas, pekerjaan-                                information about the profile, main duties, and positions
      pekerjaan utama, jabatan Dewan Komisaris di perusahaan                               of the Board of Commissioners in other companies,




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    lain, termasuk rapat-rapat yang dilakukan dalam satu                 including meetings conducted within one fiscal year
    tahun buku (rapat internal maupun rapat gabungan                     (internal meetings or joint meetings with the Directors), as
    dengan Direksi), serta honorarium yang diterima dari                 well as honorarium accepted from the Company.
    Perseroan.
7. Memberikan tanggapan atas laporan berkala Direksi                 7. To give an opinion on the Board of Directors’ periodic
    (triwulan, tahunan) serta pada setiap waktu yang                    reports (quarterly, annually) as well as on the Company’s
    diperlukan mengenai perkembangan Perusahaan pada                    progress at any time needed and to report the results of
    setiap waktu serta melaporkan hasil pelaksanaan tugasnya            the implementation of their duties to the Shareholders.
    kepada pemegang saham.
8. Berkoordinasi dan melakukan evaluasi Akuntan Publik yang          8. To coordinate and carry out an evaluation on the Public
    akan melakukan pemeriksaan atas buku-buku Perseroan,                 Accountant who audits the Company’s books and then
    untuk kemudian diajukan sebagai usulan kepada RUPS.                  submit the results as recommendations to the GMS.
9. Memastikan bahwa auditor eksternal, auditor internal,             9. To ensure that the external auditor, internal auditors, and
    dan Komite Audit serta komite lainnya, memiliki akses                the Audit Committee and other committees have access
    terhadap catatan akuntansi, data penunjang, dan                      to accounting records, supporting data, and information
    informasi mengenai Perseroan, sepanjang diperlukan                   about the Company, for as long as required to carry out
    untuk melaksanakan tugasnya.                                         their duties.
10. Menentukan sistem nominasi, evaluasi kinerja, remunerasi         10. To determine the nomination, performance evaluation,
    yang transparan bagi Dewan Komisaris dan Direksi melalui             and transparent remuneration system for the Board of
    fungsi nominasi dan remunerasi.                                      Commissioner and the Board of Directors through the
                                                                         nomination and remuneration function.
11. Meningkatkan kompetensi dan pengetahuannya secara                11. To improve competence and knowledge continuously in
    berkesinambungan untuk menjalankan fungsi sebagai                    carrying out their functions as Board of Commissioners
    Dewan Komisaris secara profesional.                                  professionally.
12. Setiap anggota Dewan Komisaris tidak dapat bertindak             12. Each member of the Board of Commissioners shall not
    sendiri-sendiri, melainkan berdasarkan keputusan Dewan               act individually but based on the Board of Commissioners’
    Komisaris.                                                           decision.




      PEDOMAN KERJA DEWAN KOMISARIS
      Board of Commissioners Charter

      Dewan Komisaris berperan penting dalam mengawasi jalannya      The Board of Commissioners has a key role in supervising
      usaha Perseroan, sehingga diperlukan suatu pedoman kerja       the running of the Company’s business, so the Board of
      dalam melaksanakan tugas, tanggung jawab dan wewenangnya       Commissioners needs a work guideline in carrying out its
      untuk memenuhi kepentingan pemegang saham dan                  duties, responsibilities, and authorities to fulfill the interests
      pemangku kepentingan lainnya. Dengan adanya Pedoman Kerja      of shareholders and other stakeholders. With reference to the
      Dewan Komisaris, maka Dewan Komisaris akan senantiasa          Board of Commissioners Charter, the Board of Commissioners
      bertindak dan bersikap sesuai dengan prinsip-prinsip GCG,      will always act and behave in accordance with GCG principles,
      standar etika, dan nilai-nilai yang berlaku dalam Perseroan,   ethical standards, and values that apply in the Company, as
      serta mematuhi peraturan perundang-udangan yang berlaku        well as comply with applicable laws and regulations and the
      dan Anggaran Dasar Perseroan. Secara garis besar, Pedoman      Company’s Articles of Association. In principle, the contents of
      Kerja Dewan Komisaris mengatur antara lain: 1) Pengangkatan,   the Board of Commissioners Charter are as follows: 1) Board
      pemberhentian, pengunduran diri, dan pemberhentian             of Commissioners’ appointment, dismissal, resignation, and
      sementara Dewan Komisaris, 2) Kedudukan Dewan Komisaris        temporary dismissal, 2) Board of Commissioners’ position in the
      dalam organisasi, 3) Organisasi Dewan Komisaris, 4) Tugas,     Company’s structure, 3) Board of Commissioners organization,
      tanggung jawab, dan wewenang Dewan Komisaris, 5) Kebijakan     4) Board of Commissioners’ duties, responsibilities, and
      remunerasi Dewan Komisaris, 6) Rapat dan pelaporan             authorities, 5) Board of Commissioners’ remuneration policy,
      Dewan Komisaris, 7) Rencana jangka panjang, rencana kerja,     6) Board of Commissioners’ meeting and reporting, 7) Board of
      dan anggaran Perseroan, 8) Kode etik Dewan Komisaris, 9)       Directors’ long-term plan, work plan, and budget plan, 8) Board
      Hubungan Direksi dengan Dewan Komisaris, dan 10) Evaluasi      of Commissioners’ code of conduct, 9) Relationship between the
      Kinerja Dewan Komisaris.                                       Board of Directors and Board of Commissioners, and 10) Board
                                                                     of Commissioners’ performance evaluation.




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  RAPAT DEWAN KOMISARIS                                            MEETINGS OF THE BOARD OF COMMISSIONERS



           “Rapat Dewan Komisaris adalah rapat formal para anggota Dewan
           Komisaris yang diadakan secara berkala atau sewaktu-waktu bila
           dipandang perlu oleh Komisaris Utama atau oleh seorang atau lebih
           anggota Dewan Komisaris. Bila dipandang perlu, Dewan Komisaris dapat
           mengundang Direksi untuk hadir dalam rapat Dewan Komisaris.”

           “The Board of Commissioners meeting is a formal meeting of members of the Board of Commissioners
           which is held periodically or at any time if deemed necessary by the President Commissioners Director
           or by one or more members of the Board of Commissioners. If deemed necessary, the Board of
           Commissioners may invite the Board of Directors to attend the Board of Commissioners meeting.”



  Kebijakan Rapat Dewan Komisaris                                  Policy of the Board of Commissioners Meeting
  Sebagaimana diatur dalam Anggaran Dasar Perseroan Pasal          As stipulated in Article 20 of the Company’s Articles of
  20 dan Pedoman Kerja Dewan Komisaris, Dewan Komisaris            Association and the Board of Commissioners Charter, the Board
  wajib mengadakan rapat Dewan Komisaris secara berkala            of Board of Commissioners is required to hold regular Board
  paling kurang 1 (satu) kali dalam 2 bulan dan rapat Dewan        of Commissioners meetings at least 1 (one) time in 2 months
  Komisaris bersama Direksi secara berkala paling kurang 1         and regular joint meetings of the Board of Commissioners and
  (satu) kali dalam 4 (empat) bulan.                               the Board of Directors at least 1 (one) time in 4 (four) months.


  Rapat Dewan Komisaris juga dapat diadakan setiap waktu           The Board of Commissioners meetings may also be held at
  bilamana dianggap perlu oleh seorang atau lebih anggota          any time if deemed necessary by one or more members of
  Dewan Komisaris atau atas permintaan tertulis dari Direksi       the Board of Commissioners or at a written request from the
  atau atas permintaan tertulis 1 (satu) pemegang saham atau       Board of Directors or at the written request of 1 (one) or more
  lebih yang bersama-sama mewakili 1/10 (satu per sepuluh)         shareholders who jointly represent 1/10 (one tenth) of the
  bagian dari jumlah seluruh saham yang telah ditempatkan          the total number of shares issued by the Company with valid
  oleh Perseroan dengan hak suara yang sah.                        voting rights.


  Rapat Dewan Komisaris sah dan berhak mengambil keputusan         The Board of Commissioners meeting is valid and has the right
  yang mengikat apabila dihadiri lebih dari 1/2 (satu perdua)      to make binding decisions if attended by more than 1/2 (a half)
  bagian dari jumlah anggota Dewan Komisaris hadir atau            of the total members of the Board of Commissioners present
  diwakili dalam rapat.                                            or represented at the meeting.


  Pelaksanaan Rapat Dewan Komisaris                                The Board of Commissioners Meeting
  Pada tahun 2024, Dewan Komisaris menyelenggarakan 13             In 2024, the Board of Commissioners held 13 (thirteen)
  (tiga belas) kali rapat dimana 12 (dua belas) di antaranya       meetings, of which 12 (twelve) were joint meetings of the
  merupakan rapat gabungan Dewan Komisaris dan Direksi dan         Board of Commissioners and the Board of Directors and 1
  1 (satu) Keputusan Sirkuler Pengganti Rapat Dewan Komisaris.     (one) Circular Decision in Lieu of a Board of Commissioners
  Dewan Komisaris juga hadir dalam 12 (dua belas) kali rapat       Meeting. The Board of Commissioners also attended 12
  Komite Pengembangan Usaha bersama Direksi. Selain itu,           (twelve) meetings of the Investment Committee with the Board
  terdapat 4 (empat) kali rapat Komite Audit yang dihadiri oleh    of Directors. In addition, there were 4 (four) Audit Committee
  Direksi dan Dewan Komisaris dan 2 (dua) Keputusan Sirkuler       meetings attended by the Board of Directors and the Board
  Pengganti Rapat Dewan Komisaris dengan Komite Audit yang         of Commissioners and 2 (two) Circular Decisions in Lieu of
  disetujui oleh seluruh anggota Dewan Komisaris (100%).           Meetings of the Board of Commissioners with the Audit
                                                                   Committee which were approved by all members of the Board
                                                                   of Commissioners (100%).




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Informasi mengenai kehadiran anggota Dewan Komisaris                                    Information regarding the attendance of members of the Board
dalam rapat bersama Direksi, rapat Komite Pengembangan                                  of Commissioners at meetings with the Board of Directors,
Usaha, serta rapat bersama Komite Audit adalah sebagai                                  meetings of the New Business Development Committee, and
berikut:                                                                                meetings of the Audit Committee is as follows:

Kehadiran Anggota Dewan Komisaris dalam Rapat
Attendance of Member of the Board of Commissioners at the Meetings

                  Nama                                                Jabatan                                    Jumlah Kehadiran                 % Kehadiran
                  Name                                                Position                                    Total Attendance                % Attendance

     Rapat Gabungan Berkala dengan Direksi | Regular Joint Meetings with the Board of Directors
     Ardy Hady Wijaya                    Komisaris Utama | President Commissioner                                       12 of 12                        100
     Richard Halim Kusuma                Komisaris | Commissioner                                                       12 of 12                        100
     Lim Bing Tjay                       Komisaris Independen | Independent Commissioner                                12 of 12                        100
     I Gusti Putu Suryawirawan           Komisaris Independen | Independent Commissioner                                12 of 12                        100
     Andreas Harun Djumadi               Komisaris | Commissioner                                                       12 of 12                        100
     Richard M. Harjani   *)
                                         Komisaris | Commissioner                                                        9 of 9                         100
     Keputusan Sirkuler Pengganti Rapat Dewan Komisaris | Circular Decision in Lieu of Board of Commissioners Meeting
     Ardy Hady Wijaya                    Komisaris Utama | President Commissioner                                        1 of 1                         100
     Richard Halim Kusuma                Komisaris | Commissioner                                                        1 of 1                         100
     Lim Bing Tjay                       Komisaris Independen | Independent Commissioner                                 1 of 1                         100
     I Gusti Putu Suryawirawan           Komisaris Independen | Independent Commissioner                                 1 of 1                         100
     Andreas Harun Djumadi               Komisaris | Commissioner                                                        1 of 1                         100
     Richard M. Harjani*)                Komisaris | Commissioner                                                        1 of 1                         100
     Rapat Komite Pengembangan Usaha | Investment Commitee Meetings
     Ardy Hady Wijaya                    Komisaris Utama | President Commissioner                                       12 of 12                        100
     Richard Halim Kusuma                Komisaris | Commissioner                                                       12 of 12                        100
     Lim Bing Tjay                       Komisaris Independen | Independent Commissioner                                2 of 12                          18
     I Gusti Putu Suryawirawan           Komisaris Independen | Independent Commissioner                                12 of 12                        100
     Andreas Harun Djumadi               Komisaris | Commissioner                                                       2 of 12                          18
     Richard M. Harjani*)                Komisaris | Commissioner                                                        5 of 5                         100
     Rapat Komite Audit | Audit Commitee Meetings**)
     Ardy Hady Wijaya                    Komisaris Utama | President Commissioner                                        6 of 6                         100
     Richard Halim Kusuma                Komisaris | Commissioner                                                        4 of 6                          67
     Lim Bing Tjay                       Komisaris Independen | Independent Commissioner                                 4 of 6                          67
     I Gusti Putu Suryawirawan           Komisaris Independen | Independent Commissioner                                 6 of 6                         100
     Andreas Harun Djumadi               Komisaris | Commissioner                                                        6 of 6                         100
     Richard M. Harjani*)                Komisaris | Commissioner                                                        5 of 5                         100
*)
    Menjabat sebagai Komisaris terhitung sejak penutupan RUPST tanggal 19 Juni 2024
    Served as Commissioners since the closing of the AGMS on 19 June 2023.
**)
    Termasuk 2 (dua) Keputusan Sirkuler Pengganti Rapat Dewan Komisaris dengan Komite Audit yang disetujui oleh seluruh anggota Dewan Komisaris (100%)
    Including 2 (two) Circular Decisions in Lieu of Meeting of the Board of Commissioners with the Audit Committee which were approved by all members of the Board of
    Commissioners (100%).




Kehadiran Anggota Dewan Komisaris pada                                                  Attendance of members of the Board of
RUPS                                                                                    Commissioners at the GMS
Pada tahun 2024 Perseroan menyelenggarakan 1 (satu) kali                                In 2024, the Company held 1 (one) AGMS and 1 (one) EGMS,
RUPST dan 1 (satu) kali RUPSLB yang keduanya pada tanggal                               both on 19 June 2024. Information on the attendance of
19 Juni 2024. Informasi kehadiran anggota Dewan Komisaris                               members of the Board of Commissioners at the AGMS and
dalam RUPST dan RUPSLB tersebut disajikan pada bagian                                   EGMS is presented in the discussion section of the GMS.
pembahasan RUPS.




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  PENGEMBANGAN KOMPETENSI                                                     COMPETENCE DEVELOPMENT

  Kebijakan                                                                   Policy
  Anggota Dewan Komisaris harus senantiasa memperluas                         Members of the Board of Commissioners must always expand
  dan meningkatkan pengetahuan yang dimilikinya untuk                         and improve their knowledge to carry out their supervisory
  menjalankan tugas pengawasan dan pemberian nasihat                          and advisory duties to the Board of Directors. For that purpose,
  kepada Direksi. Untuk itu anggota Dewan Komisaris perlu                     members of the Board of Commissioners encourange to
  mengikuti program pengembangan kompetensi berkelanjutan.                    participate in a continuous competence development program.


  Program Pengembangan kompetensi dapat berupa                                Competence development programs can be in the form of
  pelatihan eksekutif, seminar, workshop, atau short course.                  executive training, seminars, workshops, or short courses. The
  Dewan Komisaris menyusun program yang akan diikuti                          Board of Commissioners prepares programs to participate
  dan memasukkan dalam Rencana Kerja Tahunan. Program                         in and include them in the Annual Work Plan. Competence
  pengembangan kompetensi anggota Dewan Komisaris dapat                       development programs for members of the Board of
  dilakukan di dalam dan di luar negeri.                                      Commissioners can be carried out domestically and abroad.


  Anggota Dewan Komisaris yang telah mengikuti program                        Participating members of the Board of Commissioners are
  pelatihan diharapkan dapat berbagi informasi dan                            expected to share the knowledge gained with other members
  pengetahuan (sharing knowledge) kepada anggota Dewan                        of the Board of Commissioners and the Board of Directors.
  Komisaris lainnya dan Direksi.

  Program Pengembangan Kompetensi yang Diikuti Dewan Komisaris pada Tahun 2024
  Competence Development Programs Attended by the Board of Commissioners in 2024

                 Peserta                           Program                       Penyelenggara          Tanggal                Venue
                Participant                        Program                         Organizer             Date                  Lokasi

      Seluruh anggota Dewan         Seminar & Interactive Session with BCA,            BCA               24 Juni            Erajaya Plaza,
      Komisaris                     Macroeconomics Global & Domestic                                     24 June               Jakarta
      All members of the Board of   Outlook “Business Potentials &
      Commissioners                 Challenges Post-Election in Indonesia”

  Catatan | Note:
  BCA: PT Bank Central Asia Tbk.



  Program Orientasi                                                           Orientation Program
  Setiap anggota Dewan Komisaris baru yang diangkat untuk                     Newly appointed members of the Board of Commissioners are
  pertama kalinya wajib mengikuti program pengenalan                          required to participate in an orientation program regarding
  mengenai Perseroan. Program pengenalan meliputi:                            the Company. The orientation program materials include:
  a. Pelaksanaan prinsip-prinsip GCG,                                         a. Implementation of GCG principles,
  b. Gambaran mengenai Perseroan meliputi visi, misi, nilai-                  b. Description of the Company including vision, mission,
      nilai luhur, lingkup kegiatan usaha, kinerja keuangan dan                   noble values, scope of business activities, financial and
      operasional, strategi, rencana usaha jangka pendek dan                      operational performance, strategy, short-term and long-
      jangka panjang, posisi kompetitif, risiko, dan masalah                      term business plans, competitive position, risk, and other
      strategis lainnya,                                                          strategic issues,
  c. Keterangan mengenai tugas dan tanggung jawab Dewan                       c. Information regarding duties and responsibilities of the
      Komisaris serta hal-hal yang tidak diperbolehkan.                           Board of Commissioners and things that are not allowed.


  Program pengenalan dapat berupa presentasi, pertemuan,                      The orientation program can be in the form of presentations,
  kunjungan ke unit bisnis dan anak perusahaan, serta                         meetings, visits to business units and subsidiaries, as well as
  pengkajian dokumen atau program lainnya yang dianggap                       review of documents or other programs deemed relevant.
  relevan.




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Penyelenggaraan program orientasi dikembangkan dan               The orientation program is developed and led by The Corporate
dipimpin oleh Sekretaris Perusahaan. Sekretaris Perusahaan       Secretary. Corporate Secretary prepares all necessary matters
menyiapkan hal-hal yang diperlukan untuk melakukan               to conduct an induction program such as orientation program
program pengenalan seperti materi program orientasi, jadwal      materials, meeting schedules with the Board of Directors
pertemuan dengan Direksi dan manajemen, materi presentasi,       and management, presentation materials, as well as visits to
serta jadwal kunjungan ke unit bisnis/anak perusahaan bila       business units/subsidiaries when necessary.
diperlukan.


Pada tahun 2024, Perseroan menyelenggarakan program              In 2024, the Company held an orientation program for Mr.
orientasi bagi Bapak Richard M. Harjani selaku anggota baru      Richard M. Harjani as a new member of the Company’s Board
Dewan Komisaris Perseroan.                                       of Commissioners.




Penilaian Kinerja Direksi dan Dewan Komisaris
PERFORMANCE EVALUATION OF THE BOARD OF DIRECTORS AND THE
BOARD OF COMMISSIONERS



PENILAIAN KINERJA DIREKSI                                        PERFORMANCE ASSESSMENT OF BOARD OF
                                                                 DIRECTORS
Penilaian kinerja Direksi dilakukan oleh Dewan Komisaris         Board of Commissioners evaluates performance of Board of
berdasarkan kriteria penilaian yang telah dirumuskan             Directors based on assessment criteria formulated by Board
oleh Dewan Komisaris yang menjalankan fungsi Nominasi            of Commissioners that carries out the Company’s Nomination
dan Remunerasi Perseroan dan dituangkan dalam bentuk             and Remuneration functions and are set forth in the form of
Key Performance Indicators (KPI) Direksi yang disetujui dan      Key Performance Indicators (KPI) for Board of Directors which
ditandatangani Direksi di awal tahun. Hasil penilaian kinerja    is approved and signed by Board of Directors at the beginning
Direksi oleh Dewan Komisaris disampaikan dan dilaporkan          of the year. The results of performance assessment of Board
dalam RUPS.                                                      of Directors by Board of Commissioners are submitted and
                                                                 reported at GMS.


Di samping penilaian kinerja Direksi berdasarkan kriteria        In addition to assessing the performance of Board of Directors
umum, Dewan Komisaris dapat melakukan penilaian kinerja          based on general criteria, Board of Commissioners may
berdasar faktor lainnya, baik secara individual maupun           evaluate their performance based on other factors, both
kolektif.                                                        individually and collectively.


PENILAIAN KINERJA DEWAN KOMISARIS                                PERFORMANCE ASSESSMENT OF THE BOARD OF
                                                                 COMMISSIONERS
Penilaian kinerja Dewan Komisaris dilaksanakan dengan            Performance assessment of the Board of Commissioners
sistem self assessment. Penilaian kinerja Dewan Komisaris        is carried out using a self-assessment system. Performance
berdasarkan indikator umum yang ditetapkan dalam Rapat           assessment of the Board of Commissioners is based on general
Dewan Komisaris. Penilaian kinerja Dewan Komisaris               indicators set out in the Board of Commissioners meeting.
dilakukan setiap tahun, dimuat dalam laporan tahunan dan         Performance assessment of the Board of Commissioners
diinformasikan kepada RUPS.                                      is carried out on an annual basis and included in the annual
                                                                 report to be submitted to GMS.


Salah satu bentuk penilaian dari hasil kinerja Direksi dan       One form of performance assessment of the Board of Directors
Dewan Komisaris adalah pemberian pembebasan tanggung             and the Board of Commissioners is the granting of acquit
jawab sepenuhnya (acquit et de charge) secara kolegial kepada    et de charge from shareholders to the Board of Directors
Direksi atas tindakan pengurusan yang telah dilakukan            for management measures that have been taken and to tbe
dan kepada Dewan Komisaris atas tindakan pengawasan              Board of Commissioners for supervisory measures during the
yang telah dilakukan selama tahun buku sebelumnya dari           previous financial year.
pemegang saham Perseroan.



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  Penilaian atas Kinerja Komite Pendukung Tugas
  Dewan Komisaris
  ASSESSMENT OF THE PERFORMANCE OF THE BOARD OF COMMISSIONERS’
  COMMITTEE

  Dewan Komisaris membentuk Komite Audit untuk memberikan          The Board of Commissioners established the Audit Committee
  pendapat profesional dan independen kepada Dewan                 to provide professional and independent opinions to the
  Komisaris terhadap laporan atau hal-hal yang disampaikan         Board of Commissioners on reports or matters submitted by
  oleh Dewan Komisaris.                                            the Board of Commissioners.


  PROSEDUR PENILAIAN KINERJA DAN KRITERIA                          PERFORMANCE ASSESSMENT PROCEDURES
  YANG DIGUNAKAN                                                   AND CRITERIAS

  Prosedur Penilaian                                               Assessment Procedure
  Evaluasi terhadap kinerja Komite Audit dilakukan baik secara     Evaluation of the Audit Committee’s performance is carried out
  individual maupun secara kolektif setiap 1 (satu) tahun secara   both individually and collectively every 1 (one) year through
  self-assessment dengan menggunakan metode evaluasi               self-assessment using an agreed evaluation method. The
  yang sudah disepakati. Hasil evaluasi kinerja anggota Komite     results of the Committee members’ performance evaluation
  menjadi bahan penilaian untuk perpanjangan masa kerja            become the assessment material for extending the term of
  anggota Komite untuk tahun berikutnya.                           office of the Committee members for the following year.


  Kriteria Penilaian                                               Assessment criteria
  a. Kehadiran dalam rapat Komite Audit,                           a. Attendance at the Audit Committee meetings,
  b. Kesediaan menyediakan waktu dan upaya dalam                   b. Willingness to provide time and effort in fulfilling its duties
     memenuhi tugas dan tanggung jawabnya sebagai anggota             and responsibilities as a member of the Audit Committee,
     Komite Audit,
  c. Kualitas dan saran yang diberikan dalam rapat-rapat,          c. The quality of advice given in meetings,
  d. Kualitas dalam melakukan penelaahan atas informasi            d. The quality in reviewing financial information to be
     keuangan yang akan dipublikasikan, proyeksi, dan                 published, projections and other financial information,
     informasi keuangan lain, termasuk proses penyiapannya,           including the process of its preparation,
  e. Memenuhi ketentuan dalam standar etika Perseroan,             e. Meet the provisions in the Company’s ethical standards,
  f. Kontribusi dalam melakukan telaah terhadap hasil              f. Contribution in conducting a review of the independent
     pemeriksaan auditor independen,                                  auditor’s audit results,
  g. Tingkat penelaahan yang dilakukan atas audit planning         g. The level of reviews conducted on audit planning and
     dan kecukupan program audit yang dibuat oleh auditor             the adequacy of audit programs made by independent
     independen,                                                      auditors,
  h. Kontribusi dalam melakukan telaah atas hasil pemeriksaan      h. Contribution in conducting a review of the audit results
     auditor internal,                                                from internal auditor,
  i. Telaah yang dilakukan terhadap Piagam Audit Internal dan      i. Review of the Internal Audit Charter and audit
     pedoman pelaksanaan audit (SOP audit),                           implementation guidelines (SOP of audit),
  j. Evaluasi yang dilakukan terhadap kebijakan dan rencana        j. Evaluation on the policies and annual work plan of Internal
     kerja tahunan Audit Internal,                                    Audit,
  k. Kontribusi dalam mengidentifikasi aktivitas Perseroan         k. Contribution in identifying the Company’s activities that
     yang memiliki risiko tinggi dan analisis terhadap upaya          have high risks and analysis of the necessary mitigation
     mitigasi yang diperlukan.                                        efforts.


  PENILAIAN ATAS               KINERJA    KOMITE       AUDIT       ASSESSMENT OF AUDIT COMMITTEE
  TAHUN 2024                                                       PERFORMANCE IN 2024
  Dewan Komisaris berpendapat bahwa sepanjang tahun 2024           The Board of Commissioners believes that throughout 2024,
  Komite Audit telah bekerja dengan baik sesuai ketentuan          the Audit committee has performed well in accordance with
  GCG. Komite Audit bekerja aktif menganalisis dan merespons       GCG provisions. The Audit Committee actively worked to
  perubahan lingkungan bisnis yang berpengaruh terhadap            analyze and respond to changes in the business environment
  kinerja Perseroan.                                               that affect the Company’s performance.




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Dasar penilaian Dewan Komisaris adalah sebagai berikut:          The basis for the Board of Commissioners’ assessment is as
                                                                 follows:
1. Komite Audit menyelenggarakan 4 (empat) kali rapat yang       1. The Audit Committee held 4 (four) meetings attended by
   dihadiri seluruh anggota Komite Audit (kehadiran 100%).            all members of the Audit Committee (100% attendance).
   Rapat Komite Audit juga dihadiri oleh Dewan Komisaris              The Audit Committee meetings were also attended by
   dan Direksi. Selain itu, Komite Audit mengeluarkan 2 (dua)         the Board of Commissioners and the Board of Directors.
   Keputusan Sirkuler Pengganti Rapat Komite Audit dengan             In addition, the Audit Committee issued 2 (two) Circular
   Dewan Komisaris yang ditandatangani seluruh anggota                Decisions in Lieu of Audit Committee Meetings with the
   Komite Audit dan Dewan Komisaris.                                  Board of Commissioners signed by all members of the
                                                                      Audit Committee and the Board of Commissioners.
2. Komite Audit melakukan evaluasi atas kinerja Akuntan          2. The Audit Committee evaluated the performance of the
   Publik (AP)/Kantor Akuntan Publik (KAP) Purwantono,                Public Accountant (AP)/Public Accounting Firm (KAP)
   Sungkoro & Surja dalam melakukan audit Laporan                     Purwantono, Sungkoro & Surja in auditing the Company’s
   Keuangan Konsolidasian Perseroan tahun buku 2023                   Consolidated Financial Statements for the fiscal year
   dan menyampaikan laporan evaluasinya kepada Dewan                  2023 and submitted its evaluation report to the Board of
   Komisaris.                                                         Commissioners.
3. Komite Audit melaksanakan kickoff meeting dengan              3. The Audit Committee held a kickoff meeting with KAP
   KAP Tanubrata, Sutanto, Fahmi, Bambang & Rekan dan                 Tanubrata, Sutanto, Fahmi, Bambang & Rekan and
   menyampaikan rekomendasi penunjukan AP/KAP untuk                   submitted a recommendation for the appointment of AP/
   tahun buku 2024 kepada Dewan Komisaris.                            KAP for the fiscal year 2024 to the Board of Commissioners.
4. Komite Audit melaksanakan tugas supervisi atas Audit          4. The Audit Committee carried out supervisory duties over
   Internal, antara lain:                                             Internal Audit, including:
   a. Menelaah Rencana Audit Tahunan (RAT) 2024.                      a. Reviewed the 2024 Annual Audit Plan (RAT).
   b. Mengevaluasi temuan hasil audit 2023, memantau                  b. Evaluated the findings of the 2023 audit results,
       tindak lanjut rekomendasi audit internal oleh auditee,             monitoring the follow-up of internal audit
       dan menyampaikan laporan kepada Dewan Komisaris.                   recommendations by the auditee, and submitting a
   c. Membahas RAT 2025 yang disusun Audit Internal.                      report to the Board of Commissioners.
                                                                      c. Discussed the 2025 RAT prepared by Internal Audit.
5. Komite Audit menelaah Laporan Keuangan Interim                5. The Audit Committee reviewed the Quarterly Interim
   Triwulanan yang akan disampaikan ke OJK dan                        Financial Report which will be submitted to the OJK and
   dipublikasikan kepada masyarakat melalui situs web                 published to the public via the Company’s website for the
   Perseroan dalam rangka keterbukaan informasi.                      purpose of information disclosure.




Nominasi dan Remunerasi Dewan Komisaris dan
Direksi
NOMINATION AND REMUNERATION OF THE BOARD OF COMMISSIONERS
AND BOARD OF DIRECTORS


PROSEDUR NOMINASI DEWAN KOMISARIS DAN                            NOMINATION PROCEDURES FOR THE BOARD OF
DIREKSI                                                          COMMISSIONERS AND BOARD OF DIRECTORS
Anggota Direksi dan Dewan Komisaris Perseroan diangkat           Members of the Company’s Board of Directors and Board of
dan diberhentikan oleh RUPS. Usulan pengangkatan,                Commissioners are appointed and dismissed by GMS. Proposals
penggantian dan/atau pemberhentian anggota Direksi dan           for appointment, replacement and/or dismissal of members
Dewan Komisaris disampaikan kepada RUPS berdasarkan              of the Board of Directors and the Board of Commissioners
rekomendasi dari Komite Nominasi dan Remunerasi yang             are submitted to GMS based on recommendations from
hingga saat ini dijalankan oleh Dewan Komisaris.                 Nomination and Remuneration Committee which are currently
                                                                 being carried out by the Board of Commissioners.


Kriteria dan persyaratan calon Direktur dan Komisaris            The criteria and requirements for candidates for members of
mengacu pada ketentuan peraturan perundangan-undangan            the Board of Directors and the Board of Commissioners refer
serta peraturan yang terkait dengan kegiatan usaha               to the laws and regulations related to the Company’s business



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  Perseroan. Anggota Direksi dan Dewan Komisaris setelah                 activities. Members of the Board of Directors and the Board of
  masa jabatannya berakhir dapat diangkat kembali sesuai                 Commissioners can be reappointed after their term of office
  dengan keputusan RUPS.                                                 ends in accordance with GMS resolutions.


  Nominasi Dewan Komisaris                                               Nomination of the Board of Commissioners
  Dewan Komisaris menyusun kriteria sesuai dengan kebutuhan              The Board of Commissioners prepares criteria according to
  Perseroan dan melaksanakan proses nominasi bagi calon                  the needs of the Company and carries out nomination process
  anggota Dewan Komisaris. Hasil nominasi dibahas dan                    for prospective members of the Board of Commissioners. The
  diputuskan dalam rapat Dewan Komisaris. Dewan Komisaris                nomination results are discussed and decided in the Board
  mengusulkan calon anggota Dewan Komisaris yang memenuhi                of Commissioners meeting. The Board of Commissioners
  syarat kemampuan dan integritas sebagai anggota Dewan                  proposes the candidates for members of the Board of
  Komisaris kepada pemegang saham untuk ditetapkan di                    Commissioners who meet the capability and integrity
  dalam RUPS.                                                            requirements as members of the Board of Commissioners to
                                                                         shareholders to be determined at GMS.


  Nominasi Direksi                                                       Nomination of the Board of Directors
  Proses nominasi Direksi dilakukan oleh Dewan dengan                    The nomination process for the Board of Directors is
  mekanisme tertentu. Hasil proses nominasi oleh Dewan                   carried out by the Board of Commissioners using a certain
  Komisaris disampaikan dan ditetapkan di dalam RUPS.                    mechanism. The results of nomination process conducted by
  Calon anggota Direksi yang telah dinyatakan lulus wajib                the Board of Commissioners are submitted to and determined
  menandatangani kontrak manajemen yang berisikan                        at GMS. Prospective members of the Board of Directors who
  pernyataan untuk memenuhi segala tugas dan kewajiban                   have passed the nomination process must sign a management
  sebagai Direksi Perseroan.                                             contract which contains a statement to fulfil all duties and
                                                                         obligations as members of the Board of Directors of the
                                                                         Company.


  PROSEDUR DAN PELAKSANAAN REMUNERASI                                    PROCEDURES AND IMPLEMENTATION
  DEWAN KOMISARIS DAN DIREKSI                                            OF REMUNERATION FOR THE BOARD OF
                                                                         COMMISSIONERS AND BOARD OF DIRECTORS
  Remunerasi Direksi dan Dewan Komisaris Perseroan yang                  Remuneration of the Company’s Board of Directors and Board
  terdiri dari gaji/honorarium, tunjangan dan fasilitas yang             of Commissioners consisting of salary/honorarium, allowances
  bersifat tetap ditetapkan dengan mempertimbangkan faktor               and facilities that are fixed in nature are determined by
  pendapatan, aktiva, kondisi dan kemampuan keuangan                     considering the Company’s income, assets, financial condition
  Perseroan, tingkat inflasi dan faktor-faktor lain yang relevan         and capability, inflation rate and other relevant factors as they
  serta tidak bertentangan dengan peraturan perundang-                   do not violate the prevailing rules and regulations. The amount
  undangan. Sedangkan tunjangan yang bersifat variabel                   of allowance, which are variable in nature, is determined
  dilakukan dengan mempertimbangkan faktor pencapaian                    against target achievement factor and other relevant factors.
  target dan faktor-faktor lain yang relevan.

  Prosedur Penetapan Remunerasi Dewan Komisaris
  Procedure for Determining the Remuneration of the Board of Commissioners


      Rapat Umum Pemegang Saham (RUPS)                 Pemegang Saham Mayoritas                      Pemegang Saham Mayoritas
        General Meeting Shareholders (GMS)                Majority Shareholder                          Majority Shareholder



           Memberikan kewenangan pada
          pemegang saham mayoritas yaitu
            PT Eralink International untuk           Melakukan penilaian terhadap kinerja         Menetapkan besarnya gaji, uang jasa,
       menentukan besarnya gaji dan tunjangan       Dewan Komisaris kemudian melakukan            dan tunjangan seluruh anggota Dewan
          dan/atau manfaat lainnya Dewan             kajian penetapan remunerasi seluruh          Komisaris berdasarkan kinerja Dewan
                Komisaris Perseroan.                       anggota Dewan Komisaris.                            Komisaris.

         Delegates the authority to the majority    Assesses the performance of the Board        Determines the amount of salaries, fees,
             shareholder, namely PT Eralink         of Commissioners and then reviews the         and allowances for all members of the
        International, to determine the amount       determination of remuneration for all        Board of Commissioners based on its
         of salary and allowances and/or other     members of the Board of Commissioners.                    performance.
          benefits for the Company’s Board of
                    Commissioners.




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Prosedur Penetapan Remunerasi Direksi
Procedure for Determining the Remuneration of the Board of Directors


  Rapat Umum Pemegang Saham (RUPS)                      Dewan Komisaris                              Dewan Komisaris
    General Meeting Shareholders (GMS)                Board of Commissioners                       Board of Commissioners



  Memberikan kewenangan kepada Dewan
  Komisaris Perseroan untuk menentukan         Melakukan penilaian terhadap kinerja          Menetapkan besarnya gaji, uang jasa,
  besarnya gaji, uang jasa, dan tunjangan       Direksi kemudian melakukan kajian            dan tunjangan seluruh anggota Direksi
         seluruh anggota Direksi.             penetapan remunerasi seluruh anggota                berdasarkan kinerja Direksi.
                                                             Direksi.
        Giving authority to the Board of                                                       Determines the amount of salaries,
       Commissioners of the Company to           Assessesing the performance of the           fees, and allowances for all members
  determine the amount of salary, fees, and     Board of Directors and then reviewing        of the Board of Directors based on the
   allowances for all members of the Board    the determination of remuneration for all      performance of the Board of Directors.
                 of Directors.                   members of the Board of Directors.




Keputusan RUPST tanggal 19 Juni 2024 terkait remunerasi              The summary of the resolutions of the AGMS on 19 June 2024
Direksi dan Dewan Komisaris Perseroan untuk tahun buku               regarding the remuneration of the Board of Directors and the
2024 adalah menyetujui melimpahkan kewenangan kepada                 Board of Commissioners of the Company for the fiscal year
Pemegang Saham Utama untuk menetapkan gaji/honorarium                2024 was to approve on delegating authority to the Company’s
dan tunjangan anggota Dewan Komisaris, dan memberikan                Major Shareholders to determine the salaries/honorariums
kewenangan kepada Dewan Komisaris untuk menetapkan gaji,             and allowances of members of the Board of Commissioners,
tunjangan, tugas dan wewenang Direksi Perseroan.                     and give authority to the Board of Commissioners to determine
                                                                     the salaries, benefits, duties and authorities of the Board of
                                                                     Directors of the Company.


STRUKTUR DAN BESARAN REMUNERASI                                      STRUCTURE AND AMOUNT OF REMUNERATION
TAHUN 2024                                                           IN 2024
Perseroan memutuskan untuk tidak mengungkapkan rincian               The Company has decided not to disclose the individual
remunerasi masing-masing anggota Direksi dan Dewan                   remuneration of each member of the Board of Directors
Komisaris secara individual. Hal ini mempertimbangkan                and Board of Commissioners. This decision considers the
sifat informasi yang bersifat rahasia serta posisi strategis         confidentiality of such information, as well as the strategic
Direksi dan Dewan Komisaris sebagai aset utama Perseroan.            roles of the Board members as key assets of the Company.
Pengungkapan tersebut berpotensi menimbulkan risiko                  Disclosing individual remuneration may pose a risk of
persaingan yang tidak sehat, termasuk kemungkinan                    unhealthy competition, including potential headhunting
perekrutan yang tidak wajar dari perusahaan sejenis.                 efforts by competitors.


Kendati demikian, Perseroan tetap menjunjung prinsip                 Nevertheless, the Company upholds the principle of
transparansi dengan menyampaikan total remunerasi yang               transparency by disclosing the total remuneration received
diterima oleh seluruh anggota Direksi dan Dewan Komisaris,           by the Board of Directors and Board of Commissioners,
sebagaimana telah diungkapkan dalam Laporan Keuangan                 as presented in the Company’s Consolidated Financial
Konsolidasian Perseroan.                                             Statements.

Struktur dan Besaran Remunerasi Tahun 2024
Structure and Amount of Remuneration in 2024
                                                                                                   Dalam ribu rupiah | In thousand of rupiah

                     Uraian                          2024                 2023                          Description

 Direksi                                             135.175.793          104.767.208                                 Board of Directors
 Dewan Komisaris                                      19.015.849           29.424.278                         Board of Commissioners
 Jumlah                                              154.191.642          134.191.486                                               Total



Pengungkapan Bonus Kinerja, Non-kinerja,                             Disclosure of Performance, Non-performance
dan/atau Opsi Saham                                                  Bonuses and/or Stock Options
Remunerasi Direksi dan Dewan Komisaris pada tahun 2024               Remuneration of Board of Directors and the Board of
sebagaimana disebutkan di atas sudah termasuk tantiem.               Commissioners in 2023 as mentioned above includes tantiem.
Pada tahun 2024 Perseroan tidak memberikan bonus kinerja             In 2024, the Company did not provide performance bonuses in
berupa opsi saham kepada Direksi dan Dewan Komisaris.                the form of stock options to Board of Directors and Board of
                                                                     Commissioners.

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  Komite Audit
  AUDIT COMMITTEE




              “Komite Audit dibentuk untuk membantu pelaksanaan tugas dan
              fungsi Dewan Komisaris guna memastikan kualitas laporan keuangan;
              melakukan pengawasan atas penerapan GCG, prinsip-prinsip akuntansi
              dan proses pelaporan keuangan; kualifikasi dan independensi dari
              auditor eksternal; serta memastikan kepatuhan Perseroan terhadap
              peraturan perundang-undangan yang berlaku. Komite Audit juga
              bertanggung jawab untuk memastikan efektivitas pengendalian internal
              dan manajemen risiko perusahaan.”

              “The Audit Committee is established to assist the implementation the Board of Commissioners duties and
              functions to ensure the quality of financial reports; to supervise the implementation of GCG, accounting
              principles and financial reporting processes; to review the qualifications and independence of external
              auditors; and to ensure the Company compliance with the applicable laws and regulations. The Audit
              Committee is also responsible for ensuring the effectiveness of the company’s internal control and risk
              management.”




  KOMPOSISI KOMITE AUDIT                                                                   COMPOSITION OF AUDIT COMMITTEE
  Komite Audit Perseroan terdiri dari 3 (tiga) orang anggota,                              The Company’s Audit Committee consists of 3 (three)
  dimana 1 (satu) orang Komisaris Independen sebagai Ketua                                 members, of which 1 (one) Independent Commissioner is the
  dan 2 (dua) orang anggota pihak independen yang memenuhi                                 Chairman and 2 (two) independent party members who meet
  persyaratan sesuai Peraturan OJK No. 55/POJK.04/2015                                     the requirements in accordance with OJK Regulation No. 55/
  tentang Pembentukan dan Pedoman Pelaksanaan Kerja                                        POJK.04/2015 regarding the Establishment and Guidelines for
  Komite Audit dan memiliki pemahaman yang memadai atas                                    the Work Implementation of the Audit Committee and and
  bisnis yang dijalani Perseroan.                                                          have an adequate understanding of the Company’s business.


  Keanggotaan Komite Audit diangkat dan diberhentikan oleh                                 Members of the Audit Committee are appointed and dismissed
  Dewan Komisaris. Komite Audit yang menjabat saat ini diangkat                            by the Board of Commissioners. The current serving Audit
  berdasarkan Surat Keputusan Sirkuler sebagai Pengganti Rapat                             Committee was appointed based on a Circular Decree as a
  Dewan Komisaris Nomor 001/SK.KOM/VI/2022 tanggal 24 Juni                                 Substitute for the Board of Commissioners Meeting Number
  2022 dan saat ini adalah periode jabatan kedua. Komposisi                                001/SK.KOM/VI/2022 dated 24 June 2022 and is currently
  Komite Audit adalah sebagai berikut:                                                     serving their second term. The composition of the Audit
                                                                                           Committee is as follows:



                         Nama                                                                              Jabatan
                         Name                                                                              Position

       I Gusti Putu Suryawirawan                       Ketua merangkap Komisaris Independen | Chairman concurrently Independent Commissioner
       Khoe Minhari Handikusuma                        Anggota | Member
       Dadang Mulyana*)                                Anggota | Member
  *)
        Bapak Dadang Mulyana meninggal dunia pada tanggal 9 Maret 2025 dan posisinya sebagai anggota Komite Audit digantikan oleh Bapak Jhon Piter Situmorang sejak tanggal
        19 Maret 2025.
        Mr. Dadang Mulyana passed away on March 9, 2025, and his position as a member of the Audit Committee has been replaced by Mr. Jhon Piter Situmorang as of March 19,
        2025.




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PROFIL ANGGOTA KOMITE AUDIT                                                   PROFILE OF AUDIT COMMITTEE MEMBERS




                                                     I Gusti Putu Suryawirawan
                                                     Ketua Komite Audit
                                                     Chairman of Audit Committee



Profil I Gusti Putu Suryawirawan tersedia pada bagian Profil Dewan Komisaris.
Profile of I Gusti Putu Suryawirawan is available at section of Profile of the Board of Commissioners.




                                                     Khoe Minhari Handikusuma
                                                     Anggota Komite Audit
                                                     Member of Audit Committee




 Kewarganegaraan                         Indonesia                                               Indonesia
 Citizenship

 Domisili                                Jakarta                                                 Jakarta
 Domicile

 Riwayat Pendidikan                      • Bachelor of Finance dari Wayland Baptist              • Bachelor of Finance from Wayland Baptist
 History of Education                      University, Texas, Amerika Serikat (1989).              University, Texas, USA (1989).
                                         • Pemegang Sertifikasi Manajemen Risiko untuk           • Holder of Risk Management Certification for
                                           Profesi Perbankan Level 5 – Bankers Association         Banking Profession Level 5 – Bankers Association
                                           for Risk Management (BARA).                             for Risk Management (BARA).

 Dasar Hukum Penunjukan                  Surat Keputusan Sirkuler sebagai Pengganti Rapat        Circular Decree as a Substitute for the Board of
 Legal Basis of Appointment              Dewan Komisaris Nomor 001/SK.KOM/VI/2022                Commissioners Meeting Number 001/SK.KOM/
                                         tanggal 24 Juni 2022.                                   VI/2022 dated June 24, 2022.

 Pengalaman Kerja                        Memiliki pengalaman profesional lebih dari 30 tahun     He has over 30 years of professional experience
 Working Experience                      di industri perbankan dan lembaga keuangan di           in the Indonesian banking industry and financial
                                         Indonesia. Beliau pernah menjabat berbagai posisi       institutions. He has held various senior positions
                                         senior di PT Bank Danamon Indonesia Tbk mulai           at PT Bank Danamon Indonesia Tbk starting from
                                         dari tahun 1991 sebagai Kepala Cabang Jakarta,          1991 as Jakarta Branch Manager, Deputy Regional
                                         Wakil Kepala Regional DKI Jakarta (1996 – 2002),        Head of Jakarta (1996 – 2002), Regional Head of
                                         Kepala Wilayah Jawa Tengah dan Daerah Istimewa          Central Java and Special Region of Yogyakarta (2002
                                         Yogyakarta (2002 – 2004), Kepala Bidang Penjualan       – 2004), Sales and Distribution Head of SEMM (2004
                                         dan Distribusi SEMM (2004 – 2008), Kepala Bidang        – 2008), SME Business Head (2008 – 2011), and Micro
                                         Bisnis UKM (2008 – 2011), dan Direktur Bidang Bisnis    Business Director (2011 – 2014). He also served as
                                         Mikro (2011 – 2014). Beliau juga pernah menjabat        Commissioner of PT Adira Quantum Multifinance
                                         sebagai Komisaris PT Adira Quantum Multifinance         (2011 – 2014).
                                         (2011 – 2014).

 Rangkap Jabatan                         Komisaris Independen, merangkap Ketua Komite            Independent Commissioner, concurrently Chairman
 Concurrent Position                     Remunerasi dan Nominasi dan Ketua Komite                of Remuneration and Nomination Committee and
                                         Pemantau Risiko PT Bank Sahabat Sampoerna.              Chairman of Risk Monitoring Committee of PT Bank
                                                                                                 Sahabat Sampoerna.




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                                                 Dadang Mulyana
                                                 Anggota Komite Audit
                                                 Member of Audit Committee




      Kewarganegaraan                Indonesia                                               Indonesia
      Citizenship

      Domisili                       Bekasi, Jawa Barat                                      Bekasi, West Java
      Domicile

      Riwayat Pendidikan             • Magister Sains (M.Si) Ilmu Administrasi Bisnis dari   • Master of Science (M.Si) in Business Administration
      History of Education             Universitas Indonesia (2005)                            from the University of Indonesia (2005)
                                     • Diploma IV/Strata 1 sebagai Sarjana Akuntansi         • Diploma and Bachelor of Finance from State
                                       (Akuntan) dari Sekolah Tinggi Akuntansi Negara          College of Accountancy (STAN), Jakarta (1993)
                                       (STAN), Jakarta (1993)
                                     • Pemegang sertifikasi profesi Certified Fraud          • Certified Fraud Examiner (CFE) from Association
                                       Examiner (CFE) dari Association of Certified Fraud      of Certified Fraud Examiners (ACFE), Austin
                                       Examiners (ACFE), Austin Amerika Serikat (sejak         Amerika Serikat (since 2001)
                                       2001)
                                     • Akuntan Beregister Negara dari Kementerian            • State Registered Accountants from Ministry of
                                       Keuangan Republik Indonesia (tahun 1993)                Finance (since 1993)

      Dasar Hukum Penunjukan         Surat Keputusan Sirkuler sebagai Pengganti Rapat        Circular Decree as a Substitute for the Board of
      Legal Basis of Appointment     Dewan Komisaris Nomor 001/SK.KOM/VI/2022                Commissioners Meeting Number 001/SK.KOM/
                                     tanggal 24 Juni 2022.                                   VI/2022 dated June 24, 2022.

      Pengalaman Kerja               Memiliki pengalaman profesional lebih dari 30           He has over 30 years of professional experience in
      Working Experience             tahun di bidang audit internal dan risk assesment.      the internal audit and risk assesment field. He has
                                     Beliau pernah menjabat beberapa posisi manajerial       held several senior and key managerial position in
                                     senior di PT Indofarma (Persero) Tbk, yaitu sebagai     PT Indofarma (Persero) Tbk starting from 2004 to
                                     Manager Audit Internal/Satuan Pengawasan                2021 as Manager of Internal Audit (SPI), Manager
                                     Intern (SPI), Manajer SDM dan Umum, Manajer             of Human Capital and General Affairs, Manager of
                                     Sistem Manajemen, dan Manajer Perencanaan &             Management System, and Manager of Financial
                                     Pengendalian Keuangan pada periode 2004 hingga          Planning & Control. Previously, he had a career as
                                     2021. Sebelumnya, beliau berkarir sebagai ASN           State Civil Apparatus at the Indonesian Finance and
                                     Badan Pengawasan Keuangan dan Pembangunan               Development Supervisory Board (BPKP) starting
                                     (BPKP) pada periode 1987 hingga 2004, di antaranya      from 1987 to 2004 including served as Audit Team
                                     sebagai anggota Tim Audit Direktorat Pengawasan         for Directorate of Petroleum Business Supervision (
                                     Usaha Perminyakan (PT Pertamina) – Deputi Bidang        PT Pertamina) – Deputy for Petroleum and Natural
                                     Pengawasan Minyak Bumi dan Gas Bumi BPKP (1987          Gas Supervision of BPKP (1987 - 1990), Accountant
                                     – 1990), sebagai Akuntan atau Ketua Tim Audit pada      or Head of Audit Team for State/Regional Owned
                                     Kantor BPKP Perwakilan Provinsi Bali (1993 – 1999),     Enterprises Supervisory Board – BPKP Bali
                                     Ketua Tim Audit pada Direktorat Evaluasi Kinerja        Representative Office (1993 - 1999), Head of Audit
                                     dan Tata Kerja – Deputi Bidang Perencanaan &            Team for Directorate of Performance Evaluation
                                     Analisa BPKP (1999 – 2000), Kepala Seksi Pengawas       and Work Procedures – Deputy of Planning &
                                     Penerimaan di Kantor BPKP Perwakilan Provinsi           Analysis of BPKP (1999 - 2000), Section Head for
                                     Sumatera Selatan (2000 – 2001), dan Pengendali          Revenue Supervisory Board – BPKP South Sumatera
                                     Teknis/Auditor Ahli Muda di Direktorat Investigasi      Representative Office (2000 - 2001), and Technical
                                     Instansi Pemerintah – Deputi Bidang Investigasi         Controllers/Young Expert Auditors for Directorate
                                     BPKP (2001 - 2004).                                     Investigations of Government Institutional – Deputy
                                                                                             for BPKP (2001 - 2004).

      Rangkap Jabatan                Komite Audit pada salah satu Badan Usaha Milik          Audit Committee of a State-Owned Company (since
      Concurrent Position            Negara (sejak 20 September 2021) dan aktif sebagai      September 20, 2021) and as active member of
                                     anggota aktif Ikatan Akuntan Indonesia Cabang           Indonesian Accountant Association Jakarta Branch
                                     Jakarta (sejak 1993).                                   (since 1993).

      Informasi Tambahan             Bapak Dadang Mulyana meninggal dunia pada               Mr. Dadang Mulyana passed away on March 9,
      Additional Information         tanggal 9 Maret 2025 dan posisinya sebagai anggota      2025, and his position as a member of the Audit
                                     Komite Audit digantikan oleh Bapak Jhon Piter           Committee has been replaced by Mr. Jhon Piter
                                     Situmorang sejak tanggal 19 Maret 2025.                 Situmorang as of March 19, 2025.




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PROGRAM PENGEMBANGAN KOMPETENSI                                                       COMPETENCE DEVELOPMENT PROGRAM
Pada tahun 2024, anggota Komite Audit mengikuti program                               In 2024, members of the Audit Committee participated in the
pelatihan dan peningakatan kompetensi sebagai berikut:                                following training and competence development programs:



                 Peserta                                    Program                       Penyelenggara            Tanggal                  Lokasi
                Participant                                 Program                         Organizer               Date                    Venue

     Khoe Minhari Handikusuma              Sertifikasi Management Risiko Level 7               BSMR*)              6 Agustus                Jakarta
                                           Risk Management Certification Level 7                                   6 August
*)
      BSMR: Badan Sertifikasi Manajemen Risiko | Risk Management Certification Body




         PERNYATAAN INDEPENDENSI
         Statement of Independency



                                                                            Seluruh anggota Komite Audit berkomitmen untuk:
                                                                            • Menjunjung tinggi prinsip GCG dengan bersikap objektif, profesional, dan
                                                                              independen dalam menjalankan tugasnya.
                                                                            • Tidak mengambil keputusan di bawah tekanan dan intervensi dari pihak
                                                                              manapun dan menghindari setiap potensi benturan kepentingan.
                                                                            • Seluruh anggota Komite Audit tidak memiliki hubungan afiliasi baik secara
                                                                              kekeluargaan maupun hubungan bisnis dengan anggota Dewan Komisaris,
                                                                              Direksi dan Pemegang Saham Utama dan/atau Pengendali.

                                                                            All members of the Audit Committee are committed to:
                                                                            • Upholding GCG principles by being objective, professional and independent
                                                                               in carrying out their duties and responsibilities.
                                                                            • Never make decisions under pressure and intervention of any party and
                                                                               avoid any potential conflict of interest.
                                                                            • Not all members of the Audit Committee have affiliate relationships
                                                                               both in a family and business relationship with members of the Board
                                                                               of Commissioners, Board of Directors and Major and/or Controlling
                                                                               Shareholders.




                                                Aspek Independensi                                                  Khoe Minhari
                                                                                                                                        Dadang Mulyana
                                               Independence Aspects                                                 Handikusuma

     Bukan merupakan orang dalam di Kantor Akuntan Publik, Kantor Konsultan Hukum, atau pihak lain                         √                     √
     yang memberi jasa audit, jasa non-audit, dan/atau jasa konsultasi lain kepada Perseroan dalam waktu
     enam bulan terakhir.
     Not a person in a Public Accounting Firm, Legal Consulting Firm, or other parties who have provided
     audit services, non-audit services, and/or other consulting services to the Company within the last six
     months.
     Bukan merupakan orang yang memiliki wewenang dan tanggung jawab untuk merencanakan,                                   √                     √
     memimpin, atau mengendalikan kegiatan Perseroan dalam waktu enam bulan terakhir.
     Not a person who has the authority and responsibility to plan, lead, or control the Company’s activities
     within the last six months.
     Tidak memiliki saham Perseroan baik secara langsung maupun tidak langsung (kode saham: NCKL).                         √                     √
     Does not have Company’s shares either directly or indirectly (shares code: NCKL).
     Tidak terdapat hubungan pekerjaan atau usaha dengan Perseroan baik langsung atau tidak langsung                       √                     √
     dalam 6 bulan terakhir.
     Does not have work or business relationship with the Company either directly or indirectly within the
     last 6 months.
     Tidak terdapat hubungan kekeluargaan dengan Pemegang Saham Utama/Pengendali, anggota Dewan                            √                     √
     Komisaris, atau anggota Direksi Perseroan yang berpotensi menimbulkan benturan kepentingan.
     Does not have family relationship with the Major/Controlling Shareholder, members of the Board of
     Commissioners, or members of the Board of Director which may cause conflict of interest.




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          PEDOMAN KERJA AUDIT
          Audit Committee Charter

          Komite Audit memiliki Pedoman Kerja Komite Audit sebagai       Audit Committee has an Audit Committee Charter as a
          acuan dalam melaksanakan tugasnya. Ketentuan yang diatur       guideline in carrying out its duty and functions. Provisions
          di dalam Pedoman Kerja Komite Audit meliputi: 1) Dasar         stipulated in Audit Committee Charter including: 1) Legal basis,
          hukum, 2) Tugas, tanggung jawab dan wewenang Komite, 3)        2) Duties, responsibilities and authorities of the Committee,
          Komposisi, struktur dan persyaratan keanggotaan Komite, 4)     3) Composition, structure and criteria for as members of the
          Kedudukan dalam organisasi, 5) Penyelenggaraan rapat Komite,   Committee, 4) Position in organization, 5) Organizing Committee
          6) Pelaporan dan penanganan pengaduan atau pelaporan, 7)       meetings, 6) Reporting and handling of complaints or reports, 7)
          Masa jabatan, dan 8) Evaluasi kinerja Komite Audit.            Term of office, and 8) Audit Committee performance evaluation.




  TUGAS DAN TANGGUNG JAWAB                                               DUTIES AND RESPONSIBILITIES
  Tugas pokok dan tanggung jawab Komite Audit adalah:                    The main duties and responsibilities of the Audit Committee
                                                                         are:
  1. Melakukan penelaahan atas informasi keuangan yang                   1. To review financial information that will be disclosed by
     akan dikeluarkan Perseroan kepada publik dan/atau                       the Company to the public and/or regulatory authorities,
     pihak otoritas antara lain laporan keuangan, proyeksi,                  among others financial statements, financial projection,
     dan laporan lainnya terkait dengan informasi keuangan                   and other reports related to the Company’s financial
     Perseroan.                                                              information.
  2. Memeriksa hasil seleksi auditor independen dari                     2. To examine the results of independent auditor’s selection
     manajemen dan merekomendasikan calon auditor                            from the management and recommend independent an
     independen yang akan mengaudit laporan keuangan                         auditor candidate who will audit the Company’s financial
     tahunan Perseroan kepada Dewan Komisaris serta                          statements to the Board of Commissioners as well as
     melakukan pengawasan terhadap kinerja auditor                           perform monitoring on the external auditor’s performance.
     eksternal.
  3. Melakukan evaluasi terhadap efektivitas pelaksanaan                 3. To evaluate the effectiveness of the implementation of
     tugas pokok dan fungsi dari Audit Internal.                            primary duties and functions of the Internal Audit.
  4. Melakukan penelaahan terhadap desain dan pelaksanaan                4. To review the policy design and implementation, as
     kebijakan serta prosedur untuk memperoleh keyakinan                    well as the procedures, to achieve fair assurance on the
     yang memadai mengenai efektivitas pengendalian internal.               effectiveness of internal control.
  5. Memastikan terdapat pengendalian internal yang                      5. To ensure the establishment of proper internal control
     memadai bahwa kegiatan operasi Perseroan dijalankan                    for the Company’s operational activities to be carried out
     dengan mematuhi peraturan perundang-undangan yang                      in compliance with the applicable Stock Market laws and
     berlaku di bidang Pasar Modal dan peraturan perundang-                 other regulations as well as other regulations that are
     undangan lainnya yang berkaitan dengan kegiatan operasi                related to the Company’s operational activities.
     Perseroan.
  6. Memastikan bahwa sistem dan pelaksanaan pengendalian                6. To ensure that the internal control system and
     internal telah cukup memadai di Perseroan dalam                        implementation in the Company have been sufficient
     pengamanan aset dan pencatatan kewajiban/utang secara                  to protect assets and record liabilities/loans correctly to
     benar sehingga dapat menghindari risiko materil penyajian              avoid the material risk related to Financial Statements
     Laporan Keuangan dalam satu tahun buku.                                presentation during the fiscal year.
  7. Melaksanakan tugas khusus yang diberikan oleh Dewan                 7. To carry out special assignment from the Board of
     Komisaris.                                                             Commissioners.




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RAPAT KOMITE AUDIT                                                       MEETINGS OF AUDIT COMMITTEE

Kebijakan                                                                Policy
Komite Audit mengadakan rapat secara berkala sekurang-                   The Audit Committee holds at least 1 (one) meeting in two
kurangnya 1 (satu) kali dalam dua bulan setiap tahun. Jika               months every year. If deemed necessary, the Audit Committee
dipandang perlu, Komite Audit dapat mengundang pihak                     may ask other parties to join its meetings to discuss related
lain yang terkait dengan materi Rapat untuk hadir dalam                  subjects. The invitation to the Meeting shall be made by the
Rapat. Panggilan Rapat dilakukan oleh Sekretaris Perusahaan              Corporate Secretary via electronic mail to each member of
melalui surat elektronik kepada setiap anggota Komite Audit              the Audit Committee (four) days before the Meeting is held,
(empat) hari sebelum Rapat diselenggarakan, dengan tidak                 excluding the date of invitation and the date of the Meeting.
memperhitungkan tanggal pemanggilan dan tanggal Rapat.                   The summons for the meeting must include Meeting agenda,
Pemanggilan Rapat harus mencantumkan agenda Rapat,                       date, time and place of the Meeting.
tanggal, waktu dan tempat Rapat.


Pelaksanaan Rapat                                                        Meetings
Pada tahun 2024, Komite Audit mengadakan 6 (enam) kali                   In 2024, Audit Committee held 6 (six) meetings, of which two
rapat di mana dua di antaranya dilakukan secara sirkuler                 were circular meetings as a substitute for Audit Committee
sebagai pengganti rapat Komite Audit. Rapat Komite Audit juga            meetings. Audit Committee meetings were also attended by
dihadiri oleh anggota Direksi dan Dewan Komisaris. Tingkat               members of Board of Directors and Board of Commissioners.
kehadiran anggota Komite dan agenda rapat adalah sebagai                 The attendance rate of Committee members and meeting
berikut:                                                                 agendas are as follows:



              Nama                                        Jabatan                              Jumlah Kehadiran            % Kehadiran
              Name                                        Position                              Total Attendance           % Attendance

 I Gusti Putu Suryawirawan       Ketua | Chairman                                                    6 of 6                       100
 Khoe Minhari Handikusuma        Anggota | Member                                                    6 of 6                       100
 Dadang Mulyana                  Anggota | Member                                                    6 of 6                       100



Agenda Rapat Komite Audit dengan Para Pihak
Audit Committee Meeting Agenda with Counterparts

  Tanggal Rapat                                     Agenda Rapat                                                    Para Pihak
  Date of Meeting                                   Meeting Agenda                                                 Counterparts

 28 Maret            1. Laporan auditor independen atas audit Laporan Keuangan tahun buku 2023       Direksi, Dewan Komisaris, Audit Internal
 March 28               oleh KAP Purwantono, Sungkoro & Surja.                                       Board of Directors, Board of
                        Independent auditor's report on the audit of the Financial Statements for    Commissioners, Internal Audit
                        the fiscal year 2023 by KAP Purwantono, Sungkoro & Surja.
                     2. Laporan Audit Internal, outstanding rekomendasi temuan audit per Januari
                        2024.
                        Internal Audit Report, outstanding audit findings recommendations as of
                        January 2024.
 13 Agustus          Laporan Audit Internal, outstanding rekomendasi temuan audit per Juni 2024.     Direksi, Dewan Komisaris, Audit Internal
 August 13           Internal Audit Report, outstanding audit findings recommendations as of June    Board of Directors, Board of
                     2024.                                                                           Commissioners, Internal Audit
 27 Juni             Laporan Komite Audit kepada Dewan Komisaris atas evaluasi kinerja AP & KAP      Sirkuler Pengganti Rapat Komite Audit
 June 27             tahun buku 2023.                                                                dan Dewan Komisaris
                     Audit Committee Report to the Board of Commissioners on AP & KAP                Circular in Lieu of Audit Committee and
                     performance evaluation for fiscal year 2023.                                    the Board of Commissioners Meeting
 24 Oktober          1. Kick-off Meeting pelaksanaan audit tahun buku 2024 oleh KAP Tanubrata,       Direksi, Dewan Komisaris, Audit
 October 24             Sutanto, Fahmi, Bambang & Rekan.                                             Internal, KAP Tanubrata, Sutanto, Fahmi,
                        Kickoff Meeting for the implementation of the 2024 financial year audit by   Bambang & Rekan.
                        KAP Tanubrata, Sutanto, Fahmi, Bambang & Rekan.                              Board of Directors, Board of
                     2. Laporan Audit Internal, outstanding rekomendasi temuan audit per Agustus     Commissioners, Internal Audit, KAP
                        2024.                                                                        Tanubrata, Sutanto, Fahmi, Bambang &
                        Internal Audit Report, outstanding audit findings recommendations as of      Rekan.
                        August 2024.




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       Tanggal Rapat                                      Agenda Rapat                                                   Para Pihak
       Date of Meeting                                    Meeting Agenda                                                Counterparts

      2 September         Rekomendasi Komite Audit atas penunjukan AP dan KAP tahun buku 2024.            Sirkuler Pengganti Rapat Komite Audit
      September 2         Audit Committee recommendation on the appointment of AP and KAP for the         dan Dewan Komisaris
                          fiscal year 2024.                                                               Circular in Lieu of Audit Committee and
                                                                                                          the Board of Commissioners Meeting
      20 Desember         1. Laporan Audit Internal, outstanding rekomendasi temuan audit per             Direksi, Dewan Komisaris, Audit Internal
      December 20            November 2024.                                                               Board of Directors, Board of
                             Internal Audit Report, outstanding audit findings recommendations as of      Commissioners, Internal Audit
                             November 2024.
                          2. Rencana Audit Tahunan 2025 dari Audit Internal
                             2025 Annual Audit Plan of Internal Audit




         RINGKASAN KEGIATAN KOMITE AUDIT
         TAHUN 2024
         Summary of Audit Committee Activities in 2024

         Komite Audit telah melaksanakan tugas dan tanggung jawabnya          The Audit Committee performed the following duties and
         yang mengacu pada Pedoman Kerja Komite Audit, arahan Dewan           responsibilities referring to Audit Committee Charter, Board of
         Komisaris, dan ketentuan perundangan yang berlaku, sebagai           Commissioners directives and the applicable laws and regulations:
         berikut:
         1. Menyelenggarakan 4 (empat) kali rapat yang dihadiri seluruh       1. held 4 (four) meetings attended by all members of the Audit
            anggota Komite Audit (kehadiran 100%). Rapat Komite Audit            Committee (100% attendance). The Audit Committee meetings
            juga dihadiri oleh Dewan Komisaris dan Direksi. Selain itu,          were also attended by the Board of Commissioners and the
            Komite Audit mengeluarkan 2 (dua) Keputusan Sirkuler                 Board of Directors. In addition, the Audit Committee issued 2
            Pengganti Rapat Komite Audit dengan Dewan Komisaris yang             (two) Circular Decisions in Lieu of Audit Committee Meetings
            ditandatangani seluruh anggota Komite Audit dan Dewan                with the Board of Commissioners signed by all members of the
            Komisaris.                                                           Audit Committee and the Board of Commissioners.
         2. Mengevaluasi kinerja Akuntan Publik (AP)/Kantor Akuntan           2. Evaluated the performance of the Public Accountant (AP)/
            Publik (KAP) Purwantono, Sungkoro & Surja dalam melakukan            Public Accounting Firm (KAP) Purwantono, Sungkoro & Surja in
            audit Laporan Keuangan Konsolidasian Perseroan tahun buku            auditing the Company’s Consolidated Financial Statements for
            2023 dan menyampaikan laporan evaluasinya kepada Dewan               the fiscal year 2023 and submitted its evaluation report to the
            Komisaris.                                                           Board of Commissioners.
         3. Melaksanakan kickoff meeting dengan KAP Tanubrata, Sutanto,       3. Held a kickoff meeting with KAP Tanubrata, Sutanto, Fahmi,
            Fahmi, Bambang & Rekan dan menyampaikan rekomendasi                  Bambang & Rekan and submitted a recommendation for the
            penunjukan AP/KAP untuk tahun buku 2024 kepada Dewan                 appointment of AP/KAP for the fiscal year 2024 to the Board of
            Komisaris.                                                           Commissioners.
         4. Melaksanakan tugas supervisi atas Audit Internal, antara lain:    4. Carried out supervisory duties over Internal Audit, including:
            a. Menelaah Rencana Audit Tahunan (RAT) 2024.                        a. Reviewed the 2024 Annual Audit Plan (RAT).
            b. Mengevaluasi temuan hasil audit 2023, memantau tindak             b. Evaluated the findings of the 2023 audit results, monitoring
                lanjut rekomendasi audit internal oleh auditee, dan                  the follow-up of internal audit recommendations by
                menyampaikan laporan kepada Dewan Komisaris.                         the auditee, and submitting a report to the Board of
                                                                                     Commissioners.
            c. Membahas RAT 2025 yang disusun Audit Internal.                    c. Discussed the 2025 RAT prepared by Internal Audit.
         5. Komite Audit menelaah Laporan Keuangan Interim Triwulanan         5. The Audit Committee reviewed the Quarterly Interim Financial
            yang akan disampaikan ke OJK dan dipublikasikan kepada               Report which will be submitted to the OJK and published
            masyarakat melalui situs web Perseroan dalam rangka                  to the public via the Company’s website for the purpose of
            keterbukaan informasi.                                               information disclosure.




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Komite Nominasi dan Remunerasi
NOMINATION AND REMUNERATION COMMITTEE




Sampai 31 Desember 2024, Perseroan tidak membentuk                 Until 31 December 2024, the Company did not establish
Komite Nominasi dan Remunerasi, karena Perseroan                   Nomination and Remuneration Committee, due to the
memandang fungsi Nominasi dan Remunerasi dapat dijalankan          Company views that the Nomination and Remuneration
oleh Dewan Komisaris. Dalam menjalankan fungsi nominasi            function can be managed by the Board of Commissioners. In
dan remunerasi, setiap tahun Dewan Komisaris melakukan             carrying out the nomination and remuneration function, the
kajian untuk menyusun usulan remunerasi bagi Direksi dan           Board of Commissioners conducts a yearly review to prepare
Dewan Komisaris untuk disampaikan kepada RUPS. Dewan               remuneration proposal of the Board of Directors and the
Komisaris juga melakukan review kandidat anggota Direksi           Board of Commissioners to be submitted to GMS. The Board
dan/atau anggota Dewan Komisaris baru untuk disampaikan            of Commissioners also reviews candidate members of the
dan disetujui RUPS.                                                Board of Directors and/or the Board of Commissioners to be
                                                                   proposed to and approved by the GMS.




Komite di Bawah Direksi
COMMITTEE UNDER THE BOARD OF DIRECTORS




Direksi membentuk Komite Pengembangan Usaha (Investment            Transactions Directors established the Investment Committee
Committee) dan Komite Komersial (Commercial Committee)             and the Commercial Committee as a Board Forum to ensure
sebagai Forum Direksi untuk memastikan bahwa semua                 that all strategies, operational activities, and business
strategi, kegiatan operasional, dan transaksi bisnis dijalankan    transactions are carried out properly and prudently, with
secara proper dan prudent, dengan integritas dan etika yang        high integrity and ethics, and strong governance to mitigate
tinggi, serta tata kelola yang kuat untuk memitigasi potensi       potential problems in the future. The IC membership consists
masalah di masa mendatang. Keanggotaan IC adalah seluruh           of all members of the Board of Directors.
anggota Direksi.


KOMITE PENGEMBANGAN USAHA (IC)                                     INVESTMENT COMMITTEE (IC)
IC bertanggung jawab untuk mengevaluasi potensi investasi,         The IC is responsible for evaluating potential investments,
melakukan uji tuntas, dan membuat keputusan apakah atas            conducting due diligence, and making decisions on proposed
usulan investasi pada bisnis baru dan/atau pengembangan            investments in new businesses and/or developing existing
bisnis existing. Keanggotaan IC adalah seluruh anggota Direksi.    businesses. The IC membership consists of all members of the
                                                                   Board of Directors.


Setiap usulan pengembangan usaha akan dipresentasikan              Each business development proposal will be presented as an
sebagai initial introduction kepada Direksi dalam rapat IC.        initial introduction to the Board of Directors in an IC meeting.
Rapat IC dapat dihadiri oleh Dewan Komisaris.                      IC meetings may be attended by the Board of Commissioners.




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  Rapat IC merupakan bentuk uji kelayakan bisnis yang ketat         The IC meeting is a form of strict business feasibility study and
  dan mencakup presentasi oleh bisnis vertikal dan diskusi.         includes presentations by vertical businesses and discussions.
  Jika IC menilai bahwa usulan tersebut prospektif, tim Business    If the IC considers that the proposal is prospective, the Business
  Development akan melakukan studi kelayakan terhadap aspek         Development team will conduct a feasibility study on aspects
  target market size, business plan yang akan dijalankan, prospek   of target market size, business plan to be implemented,
  pengembangan, kecukupan arus kas, dan sebagainya. Hasil           development prospects, cash flow adequacy, and so on. The
  indepth study tim Business Development dipresentasikan            results of the Business Development team’s in-depth study are
  kembali dalam rapat IC untuk dibahas dan diputuskan.              presented again in the IC meeting to be discussed and decided.


  Pada tahun 2024, IC menyelenggarakan 12 (dua belas) kali          In 2024, the IC held 12 (twelve) meetings, all of which were
  rapat yang seluruhnya dihadiri oleh anggota Direksi (kehadiran    attended by members of the Board of Directors (65%
  65%). Agenda utama rapat IC adalah menelaah secara                attendance). The main agenda of the IC meeting was to
  komprehensif apakah peluang usaha yang diusulkan oleh             comprehensively review whether the business opportunities
  bisnis vertikal Perseroan telah memenuhi semua parameter          proposed by the Company’s vertical businesses had met all the
  standar kelayakan investasi yang ditetapkan IC.                   investment eligibility standard parameters set by the IC.


  KOMITE KOMERSIAL (CC)                                             COMMERCIAL COMMITTEE (CC)
  CC membantu Direksi dalam proses pengawasan, pengarahan,          The CC assists the Board of Directors in the process of
  dan pengambilan keputusan terkait kinerja dan perkembangan        supervising, directing, and making decisions related to the
  masing-masing bisnis vertikal Perseroan. Keanggotaan CC           performance and development of each of the Company’s
  adalah anggota Direksi Perseroan yang tidak memiliki fungsi       vertical businesses. CC membership is members of the
  manajemen bisnis vertikal.                                        Company’s Board of Directors who do not have vertical
                                                                    business management functions.


  Pada tahun 2024, CC menyelenggarakan 8 (delapan) kali rapat       In 2024, CC held 8 (eight) meetings, all of which were attended
  yang dihadiri oleh seluruh anggota Direksi termasuk CEO           by members of the Board of Directors, including the CEO in
  di masing-masing bisnis vertikal (kehadiran 100%). Agenda         each vertical business (100% attendance). The main agenda
  utama rapat CC adalah mengevaluasi perkembangan bisnis            of the CC meeting was to evaluate the development of the
  vertikal Perseroan.                                               Company’s vertical businesses.




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Sekretaris Perusahaan
CORPORATE SECRETARY




                                                     “Sekretaris Perusahaan adalah organ
                                                     pendukung Direksi yang dibentuk dan
                                                     bertanggung jawab langsung kepada Direksi
                                                     untuk membantu pelaksanaan tugas Direksi
                                                     terutama dalam menjaga kualitas kepatuhan
                                                     Perseroan terhadap regulasi pasar modal
                                                     yang berlaku, memastikan pelaporan
                                                     keterbukaan informasi yang tepat waktu,
                                                     serta berperan sebagai penghubung antara
                                                     Perseroan dengan pemegang saham dan
                                                     pihak eksternal lainnya termasuk regulator.”
                                                     “The Corporate Secretary is a key supporting organ of the
                                                     Board of Directors, established by and reporting to the Board
                                                     of Directors. This role is dedicated to assisting the Board of
                                                     Directors in fulfilling its responsibilities, particularly by ensuring
                                                     compliance with capital market regulations, facilitating timely
                                                     disclosure of information, and serving as a liaison between
                                                     the Company, shareholders, regulators, and other external
                                                     stakeholders.”



                                                     Amelia Allen
                                                     Sekretaris Perusahaan
                                                     Corporate Secretary




Sekretaris Perusahaan memiliki peran strategis yaitu           The Corporate Secretary has a strategic role to assist
membantu Direksi dalam memperkuat dan menjaga citra            the Board of Directors in strengthening and maintaining
positif Perseroan melalui komunikasi yang efektif dan          positive reputation of the Company through effective and
intensif antara Perseroan dengan pemangku kepentingan,         intensive communication with the stakeholders, and building
serta membangun hubungan yang harmonis dengan pihak            harmonious relationships with regulators, business partners,
regulator, mitra usaha, asosiasi usaha serta lembaga lain      business associations and other institutions related to the
berkaitan dengan aktivitas usaha Perseroan baik di tingkat     Company’s business activities at the national and international
nasional dan internasional.                                    levels.




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  PROFIL SEKRETARIS PERUSAHAAN                                                PROFILE OF CORPORATE SECRETARY

      Usia                                 44 tahun, per 31 Desember 2024                        44 years old, as of December 31, 2024
      Age

      Kewarganegaraan                      Indonesia                                             Indonesia
      Citizenship

      Domisili                             Jakarta                                               Jakarta
      Domicile

      Riwayat Pendidikan                   • Sarjana Hukum dari Fakultas Hukum Universitas       • Bachelor of Law majoring in Economic Law from
      History of Education                   Indonesia jurusan Hukum Ekonomi (2005).               the Faculty of Law, University of Indonesia (2005).
                                           • Diploma Sastra Perancis dari Fakultas Ilmu          • Diploma in French Literature from the Faculty of
                                             Pengetahuan Budaya Universitas Indonesia              Cultural Sciences, University of Indonesia (2001).
                                             (2001).

      Dasar Hukum Penunjukan               Surat Keputusan Direksi Perseroan Nomor 159/SK-       Decree of the Company’s Board of Directors No 159/
      Legal Basis of Appointment           DIR/ERAA/VIII/2016 tanggal 18 Agustus 2016.           SK-DIR/ERAA/VIII/2016 dated August 18, 2016.

      Pengalaman Kerja                     Menjabat sebagai Sekretaris Perseroan sejak tahun     She has served as Corporate Secretary since 2016
      Working Experience                   2016 dan saat ini beliau juga menjabat sebagai Head   and currently also serves as the Company’s Head
                                           of Legal Perseroan. Sebelumnya pernah menjabat        of Legal. Previously, she was a Legal Officer with
                                           sebagai Legal Officer dengan jabatan terakhir         last position as Head of Legal & Compliance at PT
                                           sebagai Head of Legal & Compliance di PT Trimegah     Trimegah Sekuritas Indonesia Tbk (2007 - 2013),
                                           Sekuritas Indonesia Tbk (2007 – 2013), Legal          Legal Associate at DNC Advocates at Work (2006 -
                                           Associate di DNC Advocates at Work (2006 – 2007),     2007), Internee at the Hadiputranto Legal Consultant
                                           Internee di kantor Konsultan Hukum Hadiputranto,      office, Hadinoto and Partner Law Firm (2006).
                                           Hadinoto and Partner Law Firm (2006).




          TUGAS DAN TANGGUNG JAWAB
          Duties and Responsibilities



                                                                    1. Mengikuti perkembangan pasar modal khususnya peraturan perundang-
                                                                       undangan yang berlaku di bidang pasar modal.
                                                                    2. Memberikan masukan kepada Direksi dan Dewan Komisaris mengenai
                                                                       kepatuhan Perseroan terhadap ketentuan peraturan perundang-
                                                                       undangan di bidang pasar modal.
                                                                    3. Membantu Direksi dan Dewan Komisaris dalam pelaksanaan tata kelola
                                                                       perusahaan yang meliputi:
                                                                       • Keterbukaan informasi kepada masyarakat, termasuk ketersediaan
                                                                          informasi terkini pada situs web Perseroan.
                                                                       • Penyampaian laporan kepada Otoritas Jasa Keuangan (OJK) tepat
                                                                          waktu.
                                                                       • Penyelenggaraan dan dokumentasi RUPS.
                                                                       • Penyelenggaraan dan dokumentasi rapat Direksi dan/atau Dewan
                                                                          Komisaris, dan
                                                                       • Pelaksanaan program orientasi bagi anggota Direksi dan/atau Dewan
                                                                          Komisaris baru.
                                                                    4. Sebagai penghubung antara Perseroan dengan pemegang saham, OJK,
                                                                       dan pemangku kepentingan lainnya.


             1. To follow the capital market update, especially laws and regulations applicable in the capital market.
             2. To provide recommendations to the Board of Directors and Board of Commissioners regarding the Company’s compliance with the
                provisions of laws and regulations in the capital market sector.
             3. To assist the Board of Directors and Board of Commissioners in corporate governance implementation, including:
                • Public information disclosure, including latest information availability on the Company’s official website.
                • Submission of reports to the OJK in a timely manner.
                • Organization and documentation of the GMS.
                • Organization and documentation of the Board of Directors and the Board of Commissioners meetings, and
                • Implementation of orientation program for the newly members of the Board of Directors and the Board of Commissioners.
             4. To act as the contact person between the Company and the Shareholders, OJK, and other stakeholders.




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       RINGKASAN PELAKSANAAN TUGAS
       SEKRETARIS PERUSAHAAN TAHUN 2024
       Summary of Corporate Secretary Activities in 2024

                                                                             Pada tahun 2024, Sekretaris Perusahaan telah menyerahkan
                                                                             laporan-laporan yang diwajibkan kepada para regulator, termasuk
                                                                             tetapi tidak terbatas pada OJK dan BEI. Sekretaris Perusahaan juga
                                                                             telah menyelesaikan dan menyerahkan Laporan Tahunan Perseroan
                                                                             Tahun 2023 tepat waktu, mengordinasikan penyelenggaraan RUPST
                                                                             dan RUPSLB pada tanggal 19 Juni 2024 dan Paparan Publik pada
                                                                             waktu yang sama.

                                                                             In 2024, the Corporate Secretary has submitted the required
                                                                             reports to regulators, including but not limited to the OJK and IDX.
                                                                             The Corporate Secretary has also completed and submitted the
                                                                             Company’s 2023 Annual Report on time, coordinated the holding
                                                                             of the AGMS and EGMS on 19 June 2024 and the Public Expose at
                                                                             the same time.




Pengembangan Kompetensi Sekretaris Perusahaan Tahun 2024
Corporate Secretary Competency Development in 2024

                                  Program                                       Penyelenggara                      Tanggal                Lokasi
 No.
                                  Program                                         Organizer                         Date                  Venue

  1.     Pentingnya Hubungan Pemerintah Dalam Organisasi.                Indonesia Corporate Secretary     2 Mei 2024                     Daring
         The Importance of Government Relations In Organizations         Association                       May 2, 2024                    Online
  2.     Taksonomi Keuangan Berkelanjutan Indonesia (TKBI):              Indonesia Corporate Secretary     28 Mei 2024                    Daring
         Inovasi untuk Mencapai Tujuan Net Zero Emission dalam           Association                       May 28, 2024                   Online
         Transisi Energi di Indonesia.
         Indonesian Sustainable Finance Taxonomy (TKBI):
         Innovations to Achieve Net Zero Emission Goals in
         Indonesia's Energy Transition.
  3.     Pendalaman POJK Nomor 9/POJK.03/2023 tentang                    Indonesia Corporate Secretary     20 Juni 2024                   Daring
         Penggunaan Jasa Akuntan Publik dan Kantor Akuntan               Association                       June 20, 2024                  Online
         Publik dan SEOJK Nomor 18/SEOJK.03/2023.
         Deepening of POJK Number 9/POJK.03/2023 concerning
         the Use of Public Accounting Services and Public
         Accounting Firms and SEOJK Number 18/SEOJK.03/2023.
  4.     Perjalanan Menuju Keberlanjutan Bersama PT.Pertamina.           Indonesia Corporate Secretary     31 Juli 2024                   Daring
         Journey to Sustainability with PT Pertamina                     Association                       July 31, 2024                  Online
  5.     Pendalaman POJK tentang transaksi Afiliasi & Transaksi          Indonesia Corporate Secretary     15 Agustus 2024                Daring
         Benturan Kepentingan serta POJK tentang Transaksi               Association                       August 15, 2024                Online
         Material dan Perubahan Kegiatan Usaha Utama.
         Deepening of POJK regarding Affiliate transactions &
         Conflict of Interest Transactions as well as POJK regarding
         Material Transactions and Changes in Main Business
         Activities.
  6.     Peran dan Layanan Jasa KSEI pada Industri Pasar Modal.          Indonesia Corporate Secretary     26 Agustus 2024                Daring
         KSEI's Role and Services in the Capital Markets Industry        Association                       August 26, 2024                Online
  7.     Pendalaman POJK tentang Laporan Tahunan dan                     Asosiasi Emiten Indonesia &       10 September 2024              Daring
         Keberlanjutan Emiten dan Perusahaan Publik.                     Otoritas Jasa Keuangan            September 10, 2024             Online
         POJK deepening of Annual Reports and Sustainability of          Association of Indonesian
         Issuers and Public Companies.                                   Issuers & Otoritas Jasa
                                                                         Keuangan
  8.     Strategic Finance untuk Keberlanjutan Perusahaan.               Indonesia Corporate Secretary     24 September 2024              Daring
         Strategic Finance for Corporate Sustainability.                 Association                       September 24, 2024             Online
  9.     Peran dan Layanan Jasa KPEI pada Industri Pasar Modal           Indonesia Corporate Secretary     10 Oktober 2024                Daring
         Indonesia.                                                      Association                       October 10, 2024               Online
         KPEI's Role and Services in the Indonesian Capital Market
         Industry.




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                                         Program                                               Penyelenggara                   Tanggal                Lokasi
       No.
                                         Program                                                 Organizer                      Date                  Venue
       10.    Pendalaman POJK tentang Laporan Realisasi Penggunaan                  Asosiasi Emiten Indonesia &        15 Oktober 2024                Daring
              Dana Hasil Penawaran Umum dan Laporan Kepemilikan                     Otoritas Jasa Keuangan             October 15, 2024               Online
              atau Setiap perubahan Kepemilikan Saham Perusahaan                    Association of Indonesian
              Terbuka dan Laporan Aktivitas Menjaminkan Saham                       Issuers & Otoritas Jasa
              Perusahaan Terbuka.                                                   Keuangan
              POJK's insight into the Realization Report on the Use of
              Funds from Public Offerings and Ownership Reports or
              Any Changes in Ownership of Public Company Shares and
              Reports on Activities to Pledge Public Company Shares.
       11.    Corporate Secretary dalam Era Digital: Tantangan                      Indonesia Corporate Secretary      15 Oktober 2024                Daring
              Perlindungan Data Investor.                                           Association                        October 15, 2024               Online
              Corporate Secretary in the Digital Era: Challenges of
              Investor Data Protection.
       12.    Memahami Sustainability Assurance.                                    Asosiasi Emiten Indonesia &        29 Oktober 2024                Daring
              Understanding Sustainability Assurance.                               Otoritas Jasa Keuangan             October 29, 2024               Online
                                                                                    Association of Indonesian
                                                                                    Issuers & Otoritas Jasa
                                                                                    Keuangan
       13.    Pengenalan IFRS 1 & 2: Panduan Praktis bagi Perusahaan                Indonesia Corporate Secretary      4 November 2024                Daring
              di Indonesia.                                                         Association                        November4, 2024                Online
              Introduction to IFRS 1 & 2: A Practical Guide for
              Companies in Indonesia.

  Notes | Catatan:
  AEI: Asosiasi Emiten Indonesia | Indonesian Public Listed Companies Association
  ICSA: Indonesian Corporate Secretary Association
  KPEI: PT Kliring Penjaminan Efek Indonesia


  PUBLIKASI LAPORAN KEUANGAN                                                               PUBLICATION OF FINANCIAL STATEMENTS
  Sekretaris    Perusahaan     bertanggung      jawab   untuk                              The Corporate Secretary is responsible for publishing the
  mempublikasikan laporan keuangan Perseroan triwulanan                                    Company’s quarterly and annual financial statements to the
  dan tahunan kepada publik melalui situs web Perseroan, BEI,                              public through the Company and IDX websites, and national
  dan surat kabar nasional. Pada tahun 2024, laporan keuangan                              newspaper. In 2024, the Company’s quarterly, mid-year and
  triwulanan, tengah tahun dan akhir tahun Perseroan telah                                 end-of-year financial statements published in newspapers with
  dipublikasikan di surat kabar dengan cakupan nasional dan                                national coverage and uploaded on the Company’s website
  diunggah di situs web Perseroan dan BEI.                                                 and the IDX.



                               Publikasi                                            Tanggal                                     Media
                              Publication                                            Date                                       Media

      Laporan Keuangan Konsolidasian Interim Triwulan I 2024                        29 April          Sistem Pelaporan Elektronik (SPE) OJK IDX, situs web BEI,
      (Tidak diaudit)                                                               April 29          situs web Perseroan
      Q1 2024 Interim Consolidated Financial Statements                                               OJK IDX Electronic Reporting System (SPE), IDX website,
      (Unaudited)                                                                                     Company website
      Laporan Keuangan Konsolidasian Interim Tengah                                  29 Juni          Harian Kabar Investor Daily, Sistem Pelaporan Elektronik
      Tahunan 2024 (Tidak diaudit)                                                  June 29           (SPE) OJK IDX, witus web BEI, situs web Perseroan
      Midyear 2024 Interim Consolidated                                                               Investor Daily News, OJK IDX Electronic Reporting System
      Financial Statements (Unaudited)                                                                (SPE), IDX website, Company website
      Laporan Keuangan Konsolidasian Interim Triwulan III 2024                  29 Oktober            Sistem Pelaporan Elektronik (SPE) OJK IDX, Situs web BEI,
      (Tidak diaudit)                                                           October 29            situs web Perseroan
      Q3 2024 Interim Consolidated Financial Statements                                               OJK IDX Electronic Reporting System (SPE), IDX website,
      (Unaudited)                                                                                     Company website
      Laporan Keuangan Konsolidasian Tahunan 2024 (Diaudit)                  26 Maret 2025            Harian Terbit, Sistem Pelaporan Elektronik (SPE) OJK
      2024 Full Year Consolidated Financial                                  March 26, 2025           IDX, situs web BEI, situs web Perseroan
      Statements (Audited)                                                                            Investor Daily News, OJK IDX Electronic Reporting System
                                                                                                      (SPE), IDX website, Company website




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KETERBUKAAN INFORMASI                                              INFORMATION DISCLOSURE
Informasi yang telah disampaikan Perseroan kepada otoritas/        The information submitted by the Company to the capital
lembaga penunjang pasar modal dalam rangka keterbukaan             market authority/ supporting institutions as information
informasi sepanjang tahun 2024 adalah sebagai berikut:             disclosure throughout 2024 is as follows:



            Nomor Surat           Tanggal                                  Judul/Perihal                                Penerima
  No.
          Reference Number         Date                                     Title/Subject                               Recipient

  1.    001/ERAA/CS/I/2024        2 Januari     Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                  January 2     EPI-EPM                                                               Public, FSA, IDX
                                                Report of Affiliate Transaction Information related to EPI-EPM
                                                Capital Increase
  2.    006/ERAA/CS/II/2024      12 Februari    Keterbukaan Informasi atas Transaksi Material Bank CTBC               Publik, OJK, BEI
                                 February 12    Information Disclosure on Material Transaction of CTBC Bank           Public, FSA, IDX
  3.    020/ERAA/CS/V/2024         3 Mei        Keterbukaan Informasi Penandatanganan Perjanjian Fasilitas            Publik, OJK, BEI
                                   May 3        Kredit Bank BCA (Penambahan dan Perpanjangan)                         Public, FSA, IDX
                                                Information Disclosure on Signing of Bank BCA Credit Facility
                                                Agreement (Addition and Extension)
  4.    022/ERAA/CS/V/2024         6 Mei        Keterbukaan Informasi Penandatanganan Perjanjian Fasilitas            Publik, OJK, BEI
                                   May 6        Kredit Bank CTBC (Perpanjangan)                                       Public, FSA, IDX
                                                Information Disclosure on Signing of CTBC Bank Credit Facility
                                                Agreement (Extension)
  5.    028/ERAA/CS/V/2024         28 Mei       Keterbukaan Informasi Agenda RUPS Luar Biasa terkait                  Publik, OJK, BEI
                                   May 28       Perpanjangan Keputusan Pemegang Saham Perseroan atas                  Public, FSA, IDX
                                                Pelaksanaan MESOP
                                                Information Disclosure on Extraordinary GMS Agenda related
                                                to Extension of Company Shareholders' Resolution on
                                                Implementation of MESOP
  6.    045/ERAA/CS/VII/2024        2 Juli      Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                    July 2      ERAA kepada ES                                                        Public, FSA, IDX
                                                Report of Affiliate Transaction Information related to ERAA Capital
                                                Increase to ES
  7.    046/ERAA/CS/VII/2024        3 Juli      Keterbukaan Informasi Perubahan Pemegang Saham Era Tech               Publik, OJK, BEI
                                    July 3      Communication                                                         Public, FSA, IDX
                                                Information Disclosure on Changes in Shareholders of Era Tech
                                                Communication
  8.    054/ERAA/CS/VIII/2024    27 Agustus     Laporan Informasi Transaksi Afiliasi atas Pengambialihan Saham        Publik, OJK, BEI
                                 August 27      ESA oleh ERAA                                                         Public, FSA, IDX
                                                Report of Affiliate Transaction Information on Acquisition of ESA
                                                Shares by ERAA
  9.    055/ERAA/CS/VIII/2024    29 Agustus     Keterbukaan Informasi Penandatanganan Perjanjian Fasilitas            Publik, OJK, BEI
                                 August 29      Kredit Bank Permata (Perubahan)                                       Public, FSA, IDX
                                                Information Disclosure on Signing of Permata Bank Credit Facility
                                                Agreement (Amendment)
  10.   061/ERAA/CS/IX/2024     17 September    Keterbukaan Informasi Penandatangan Perjanjian Fasilitas Kredit       Publik, OJK, BEI
                                September 17    Bank Mandiri (Perpanjangan)                                           Public, FSA, IDX
                                                Information Disclosure on Signing of Mandiri Bank Credit Facility
                                                Agreement (Extension)
  11.   063/ERAA/CS/X/2024       21 Oktober     Laporan Informasi Transaksi Afiliasi terkait Fasilitas Pinjaman SES   Publik, OJK, BEI
                                 October 21     kepada MGI                                                            Public, FSA, IDX
                                                Report of Affiliate Transaction Information related to SES Loan
                                                Facility to MGI
  12.   065/ERAA/CS/X/2024       29 Oktober     Keterbukaan Informasi Pembentukan Perusahaan Patungan ESA             Publik, OJK, BEI
                                 October 29     dan PMA                                                               Public, FSA, IDX
                                                Information Disclosure on Establishment of Joint Venture Company
                                                ESA and PMA
  13.   069/ERAA/CS/XI/2024     11 November     Keterbukaan Informasi Perubahan Pemegang Saham pada Bisnis            Publik, OJK, BEI
                                November 11     JDSports                                                              Public, FSA, IDX
                                                Information Disclosure on Changes in Shareholders in JDSports
                                                Business
  14.   070/ERAA/CS/XI/2024     26 November     Laporan Informasi atau Fakta Material terkait Pembentukan Usaha       Publik, OJK, BEI
                                November 26     Patungan AIM                                                          Public, FSA, IDX
                                                Report of Material Information or Facts related to the
                                                Establishment of the AIM Joint Venture
  15.   074/ERAA/CS/XII/2024    23 Desember     Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                December 23     EBN-EBK                                                               Public, FSA, IDX
                                                Report of Affiliate Transaction Information related to EBN-EBK
                                                Capital Increase




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                  Nomor Surat                     Tanggal                                      Judul/Perihal                                Penerima
       No.
                Reference Number                   Date                                         Title/Subject                               Recipient
       16.   075/ERAA/CS/XII/2024              23 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                               December 23          MBA kepada MBH                                                        Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to MBA Capital
                                                                    Increase to MBH
       17.   076/ERAA/CS/XII/2024              23 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal SES    Publik, OJK, BEI
                                               December 23          kepada EGI                                                            Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to SES Capital
                                                                    Increase to EGI
       18.   077/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal EPI    Publik, OJK, BEI
                                               December 30          kepada ECI                                                            Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to EPI Capital
                                                                    Increase to ECI
       19.   078/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                               December 30          ERAA kepada EPI                                                       Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to ERAA Capital
                                                                    Increase to EPI
       20.   079/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal EPI    Publik, OJK, BEI
                                               December 30          kepada EPM                                                            Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to EPI Capital
                                                                    Increase to EPM
       21.   080/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                               December 30          ERAA kepada EBN                                                       Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to ERAA Capital
                                                                    Increase to EBN
       22.   081/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal EBN    Publik, OJK, BEI
                                               December 30          kepada EBPRETZ                                                        Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to EBN Capital
                                                                    Increase to EBPRETZ
       23.   082/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                               December 30          ERAA kepada ESA                                                       Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to ERAA Capital
                                                                    Increase to ESA
       24.   083/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal EKA    Publik, OJK, BEI
                                               December 30          kepada EMT                                                            Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to EKA Capital
                                                                    Increase to EMT
       25.   084/ERAA/CS/XII/2024              30 Desember          Laporan Informasi Transaksi Afiliasi terkait Peningkatan Modal        Publik, OJK, BEI
                                               December 30          ERASPACE kepada TBD                                                   Public, FSA, IDX
                                                                    Report of Affiliate Transaction Information related to ERASPACE
                                                                    Capital Increase to TBD
       26.   085/ERAA/CS/XII/2024              30 Desember          Keterbukaan Informasi Perolehan Kontrak Penting (Distribution         Publik, OJK, BEI
                                               December 30          Agreement) antara SES dan Xiaopeng                                    Public, FSA, IDX
                                                                    Information Disclosure on the Acquisition of Important Contracts
                                                                    (Distribution Agreement) between SES and Xiaopeng

  Notes | Catatan:
  OJK: Otoritas Jasa Keuangan| Financial Services Authority (FSA)
  BEI: Bursa Efek Indonesia | Indonesia Stock Exchange (IDX)




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Audit Internal
INTERNAL AUDIT




                                                  “Audit Internal adalah organ pendukung
                                                  Direksi yang menjalankan fungsi
                                                  pemeriksaan dan konsultasi secara
                                                  independen dan objektif dalam rangka
                                                  memberikan nilai tambah bagi organisasi
                                                  dan membantu organisasi untuk mencapai
                                                  tujuannya dengan menerapkan pendekatan
                                                  yang sistematis untuk mengevaluasi dan
                                                  meningkatkan efektivitas dari pengendalian
                                                  internal, corporate governance dan
                                                  manajemen risiko Perseroan.”
                                                  “The Internal Audit serves as a key supporting organ of the
                                                  Board of Directors, conducting independent and objective audits
                                                  and consultations to enhance organizational value. It plays a
                                                  critical role in assisting the Company in achieving its objectives
                                                  by applying a systematic approach to assess and improve the
                                                  effectiveness of internal controls, corporate governance, and
                                                  risk management.”




                                                  Hendra Wijaya
                                                  Kepala Audit Internal
                                                  Head of Internal Audit




Audit Internal dipimpin oleh Kepala Audit Internal yang    The Internal Audit is led by the Head of Internal Audit who
bertanggung jawab langsung kepada Direksi. Kepala Audit    reports directly to the Board of Directors. The Head of Internal
Internal diangkat dan diberhentikan oleh Direksi atas      Audit is appointed and dismissed by the Board of Directors
persetujuan Dewan Komisaris.                               after approval from the Board of Commissioners.




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  PROFIL KEPALA AUDIT INTERNAL                                                    PROFILE OF THE HEAD OF INTERNAL AUDIT

      Usia                                   43 tahun, per 31 Desember 2024                          43 years old, as of December 31, 2024
      Age

      Kewarganegaraan                        Indonesia                                               Indonesia
      Citizenship

      Domisili                               Bogor                                                   Bogor
      Domicile

      Riwayat Pendidikan                     • Magister Managemen dari Institut Pertanian            • Master of Management from Bogor Agricultural
      History of Education                     Bogor, Bogor (2012).                                    Institute, Bogor (2012).
                                             • Sarjana Ekonomi dari Universitas Brawijaya            • Bachelor of Economics from Brawijaya University,
                                               Malang (2003).                                          Malang (2003).

      Dasar Hukum Penunjukan                 Keputusan Direksi No. SK/121/DIRBH/X/2012.ERAA          Decree of the Board of Directors No. SK/121/
      Legal Basis of Appointment             Tanggal 22 Oktober 2012.                                DIRBH/X/2012.ERAA dated October 22, 2012.

      Kualifikasi/Sertifikasi                •   Akuntan (Ak)|Accountant (Ak)
      Profesional yang Dimiliki              •   Qualified Internal Auditor (QIA)
      Qualification/Professional             •   Chartered Accountant (CA)
      Certification                          •   Certified Financial Planner (CFP)
                                             •   Qualified Financial Educator (QFE)
                                             •   Qualified Wealth Planner (QWP)
                                             •   Certified Practising Accountant (CPA) - Australia
                                             •   Certification in Audit Committee Practices (CACP)
                                             •   ASEAN Chartered Professional Accountant (ACPA)
                                             •   Certified Risk Professional (CRP)

      Pengalaman Kerja                       •   Senior Auditor Ernst & Young (2003 – 2007)
      Working Experience                     •   Associate Accounting Manager PT Bristol-Myers Squibb Tbk (2007)
                                             •   Group Internal Audit General Manager PT Sierad Produce Tbk (2007 - 2010)
                                             •   Financial Controller PT Sierad Produce Tbk (2010 - 2012)

      Pengalaman Kerja                       Tidak memiliki hubungan afiliasi dengan anggota         He has no affiliated relationship with members of
      Working Experience                     Dewan Komisaris, Direksi, atau pemegang saham           the Board of Commissioners, Board of Directors, or
                                             utama/pengendali.                                       major/controlling shareholders.


  Pengembangan Kompetensi Kepala Audit Internal /Auditor Internal
  Competency Development of Head of Internal Audit/Internal Auditors

                                       Program                                      Penyelenggara                          Tanggal            Lokasi
       No.
                                       Program                                        Organizer                             Date              Venue

        1.    Introduction to IFRS Sustainability Disclosure Standards      Ikatan Akuntan Indonesia             2 Maret                       Daring
                                                                                                                 2 March                       Online
        2.    Big Data management                                           Erajaya Corporate University         22 Maret                      Daring
                                                                                                                 22 March                      Online
        3.    Business Process Re-Engineering                               Universitas Indonesia & Erajaya      10 Juli                      Jakarta
                                                                            Corporate University                 10 July
        4.    The Role of Digital Technology in Improving Accounting        CPA Australia                        11 Juli                       Daring
              Practices                                                                                          11 July                       Online
        5.    Peran Strategis Komite Audit dalam Mewujudkan Ranah           Indonesian Institute of Audit        1 Agustus                    Jakarta
              Siber yang Aman.                                              Committee                            1 August
              The Strategic Role of Audit Committee in Realizing a
              Secure Cyberspace.
        6.    Network Penetration Testing.                                  Cyber Academy                        23 Agustus                    Daring
                                                                                                                 23 August                     Online
        7.    Asian Confenderation of Institute Internal Auditors (ACIIA)   IIA Indonesia                        28-29 Agustus                 Daring
              Regional Conferences.                                                                              28-29 August                  Online
        8.    PSAK for Professional.                                        Ikatan Akuntan Indonesia             31 Agustus-27 Oktober         Daring
                                                                                                                 31 August-27 October          Online




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TUGAS DAN TANGGUNG JAWAB                                                DUTIES AND RESPONSIBILITIES
Tugas dan tanggung jawab Audit Internal berdasarkan Piagam              Duties and responsibilities of the Internal Audit in accordance
Audit Internal adalah sebagai berikut:                                  with Internal Audit Charter are as follows:
1. Menyusun dan melaksanakan Rencana Audit Tahunan                      1. To prepare and implement Annual Audit Plan (RAT).
   (RAT).
2. Menguji dan mengevaluasi pelaksanaan pengendalian                    2. To analyze and evaluate the implementation of internal
   internal sesuai dengan kebijakan perusahaan.                            control and risk management system according to the
                                                                           Company’s policy.
3. Melakukan pemeriksaan dan penilaian atas efisiensi dan               3. To review and assess effectiveness and efficiency in
   efektivitas di bidang keuangan, akuntansi, operasional,                 finance, accounting, operation, human capital, marketing,
   teknologi informasi dan kegiatan lainnya.                               information technology, and other activities.
4. Memberikan saran perbaikan dan informasi yang obyektif               4. To provide recommendations for improvement and
   tentang kegiatan yang diperiksa pada semua tingkat                      objective information about the activities examined at all
   manajemen.                                                              management levels.
5. Membuat laporan hasil audit dan menyampaikan laporan                 5. To prepare and submit audit report to the Board of
   tersebut kepada Dewan Direksi dan Dewan Komisaris.                      Directors and the Board of Commissioners.
6. Memantau, menganalisis, dan melaporkan pelaksanaan                   6. To monitor, analyze, and report on the implementation of
   tindak lanjut perbaikan yang telah disarankan.                          follow-up improvements that has been recommended.
7. Bekerja sama dengan Komite Audit.                                    7. To cooperate with the Audit Committee.
8. Menyusun program untuk mengevaluasi mutu kegiatan                    8. To develop a program to evaluate the quality of audit
   audit yang dilakukannya.                                                activities carried out.
9. Melakukan pemeriksaan khusus apabila diperlukan.                     9. To perform special audit, if deemed necessary.




     PIAGAM AUDIT INTERNAL
     Internal Audit Charter

     Audit Internal memiliki Piagam Audit Internal sebagai pedoman      The Internal Audit has an Internal Audit Charter as a work
     kerja dalam melaksanakan tugasnya. Piagam Audit Internal           guidelines in carrying out its duties. Internal Audit Charter was
     terakhir diperbarui pada 24 September 2018 dan dievaluasi          last updated on 24 September 2018 and is evaluated annually
     setiap tahun untuk disesuaikan dengan perkembangan                 to comply with the latest applicable regulations. Internal Audit
     peraturan yang berlaku. Piagam Audit Internal antara lain          Charter contains, among other: a) Structure and position of
     berisi: a) Struktur dan kedudukan Audit Internal, b) Persyaratan   Internal Audit, b) Requirements for Internal Auditors, c) Duties
     Auditor Internal, c) Tugas dan tanggung jawab Audit Internal, d)   and responsibilities of Internal Audit, d) Authority of Internal
     Wewenang Audit Internal, e) Rangkap jabatan, dan f) Kode etik.     Audit, e) Concurrent positions, and f) Code of ethics.




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         RINGKASAN KEGIATAN AUDIT INTERNAL
         TAHUN 2024
         Summary of the Internal Audit Activities in 2024

                                                          Pada tahun 2024, Audit Internal telah melaksanakan berbagai kegiatan
                                                          antara lain:
                                                          1. Audit terhadap unit bisnis dan entitas anak berdasarkan risk-based audit
                                                             plan.
                                                          2. Monitoring tindak lanjut atas rekomendasi hasil audit yang dilakukan
                                                             melalui mekanisme rutin setiap bulan.
                                                          3. Berperan aktif dalam memberikan konsultasi kepada manajemen terkait
                                                             dengan pengendalian internal.
                                                          4. Implementasi continuous audit untuk meningkatkan cakupan audit depo
                                                             dan outlet.
                                                          5. Evaluasi atas pelaksanaan manajemen risiko selama tahun berjalan.
                                                          6. Audit atas permintaan khusus.

                                                          In 2024, The Internal Audit conducted activities including:
                                                          1. Audit of business and subsidiaries based on a risk-based audit plan.
                                                          2. Monitoring the progress of audit recommendations conducted through a
                                                              monthly routine mechanism.
                                                          3. Taking an active role in providing consultation to management related to
                                                              internal control.
                                                          4. Implementation of continuous audit to increase the coverage of depot
                                                              and outlet audits.
                                                          5. Evaluation of risk management implementation during the year.
                                                          6. Audits on special requests.




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Sistem Pengendalian Internal
INTERNAL CONTROL SYSTEM




       “Sistem pengendalian internal di Perseroan meliputi seluruh kebijakan
       dan prosedur di semua fungsi keuangan dan operasional yang bertujuan
       untuk melindungi aset perusahaan melalui keandalan pelaporan dan
       informasi keuangan, kepatuhan terhadap peraturan yang berlaku, serta
       penyelenggaraan kegiatan operasional yang efektif dan efisien.”

       “The internal control system in the Company includes all policies and procedures in all financial and
       operational functions that aim to protect company assets through reliable financial reporting and
       information, compliance with applicable regulations, and the implementation of effective and efficient
       operational activities.”




Pengendalian internal adalah proses yang dirancang dan             Internal Control is a process designed and executed by the
dijalankan oleh Dewan Komisaris, Direksi, anggota manajemen        Board of Commissioners, Board of Directors, other members
lain, serta seluruh elemen perusahaan yang bertujuan untuk         of management, and all company element which aims to
memberikan keyakinan yang memadai atas tercapainya                 provide reasonable assurance of the effectiveness and
efektivitas dan efisiensi operasi, keandalan pelaporan             efficiency of operations, the reliability of financial reporting,
keuangan, kepatuhan terhadap hukum, dan peraturan yang             compliance with the prevailing laws and regulations, and the
berlaku serta penerapan mekanisme check and balance.               implementation of check-and-balance mechanisms.


Sebagai organ Perseroan yang bertanggung jawab atas                As the Company’s organ which responsible for the Company’s
pengelolaan Perseroan, Direksi harus memastikan bahwa              management, the Board of Directors must ensure that internal
fungsi pengendalian internal dan manajemen risiko telah            control and risk management systems are available and
tersedia dan diterapkan pada semua aspek dan lini organisasi.      adequately implemented in all aspects and levels within the
                                                                   organization.


KESESUAIAN SISTEM PENGENDALIAN INTERNAL                            CONFORMITY OF INTERNAL CONTROL SYSTEM
DENGAN COSO                                                        WITH COSO
Perseroan merancang sistem pengendalian internal dengan            The Company designs an internal control system by
mengadopsi COSO (Committee of Sponsoring Organization),            adopting COSO (Committee of Sponsoring Organization), an
sebuah kerangka kerja berstandar internasional yang                international standard framework that helps the Company to
membantu Perseroan untuk memastikan pelaporan keuangan             ensure accurate financial reporting, manage risk, build a strong
yang akurat, mengelola risiko, membangun lingkungan                control environment, improve an organizational culture that
pengendalian yang kuat, meningkatkan budaya organisasi             emphasizes integrity and ethical values, prevent fraud, and
yang menekankan integritas dan nilai-nilai etika, mencegah         ensure that the Company operates ethically and transparently.
kecurangan, dan menjamin bahwa Perseroan beroperasi                The COSO framework has five principles, namely: Control
secara etis dan transparan. Kerangka kerja COSO memiliki           Environment, Risk Assessment, Control Activities, Information
lima prinsip, yaitu: Lingkungan Pengendalian, Penilaian Risiko,    and Communication, Monitoring Activities.
Aktivitas Pengendalian, Informasi dan Komunikasi, Aktivitas
Pemantauan.




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  Agar implementasi sistem pengendalian internal dapat             To achieve effective implementation of internal control, the
  dijalankan secara efektif, maka:                                 following must be applied:
  1. Setiap elemen Perseroan harus memiliki pemahaman              1. Each element of the Company must have an understanding
      mengenai sistem pengendalian internal, antara lain                of the internal control system, among others by learning
      dengan mempelajari Prosedur Operasi Standar (SOP)                 the Company’s Standard Operating Procedures (SOP).
      Perseroan.
  2. Komite Audit harus mendapat laporan audit secara berkala      2. The Audit Committee must receive periodic audit reports
      dari Audit Internal sebagai bahan untuk mengidentifikasi        from the Internal Audit as material to identify possible
      kemungkinan adanya kelemahan sistem pengendalian                weaknesses in the internal control system.
      internal.
  3. Komite        Audit    wajib   memberikan   rekomendasi       3. The Audit Committee is required to provide
      mengenai berbaikan sistem pengendalian internal                 recommendations regarding the improvement of the
      dan pelaksanaannya untuk meningkatkan efektivitas               internal control system and its implementation to increase
      pengendalian internal.                                          the effectiveness of internal control.
  4. Komite Audit harus berkoordinasi dengan Audit Internal        4. The Audit Committee shall coordinate with the Internal
      untuk:                                                          Audit to:
      a. Mengadakan pertemuan berkala untuk membahas                  a. Organize regular meetings to discuss internal auditor
          temuan auditor internal dan/ atau hal-hal lain yang             findings and/ or other issues related to indication of
          berindikasi adanya kelemahan pengendalian internal,             internal control weakness, including misapplication of
          termasuk kekeliruan penerapan standar akuntansi.                an accounting standard.
      b. Jika diperlukan, Komite Audit dapat meminta Audit            b. If necessary, the Audit Committee may request
          Internal untuk memperluas penelaahan guna menilai               the Internal Audit to expand the review to assess
          sifat, lingkup, besaran dan dampak dari kelemahan               the nature, scope, scale, and impact of significant
          signifikan pengendalian internal serta pengaruhnya              weakness in the internal control and its impact on the
          terhadap Laporan Keuangan.                                      Financial Statements.
  5. Dalam       proses     penelaahan  terhadap     efektivitas   5. During the internal control effectiveness reviewing process,
      pengendalian        internal,  Komite    Audit     dapat        the Audit Committee may refer to the independent
      mempergunakan laporan dari auditor independen untuk             auditor report to identify any indication of internal control
      melakukan identifikasi kemungkinan adanya kelemahan             weakness.
      pengendalian internal.
  6. Setiap awal tahun Komite Audit menelaah dan memberi           6. At the beginning of the year, the Audit Committee conducts
      masukan atas RAT yang disusun oleh Audit Internal.              a review and provides recommendations on the RAT
                                                                      prepared by the Internal Audit.


  PENGENDALIAN INTERNAL ASPEK KEUANGAN                             INTERNAL CONTROL ON FINANCIAL ASPECT
  Sistem pengendalian internal dalam hal keuangan dilakukan        The internal control system on finances is run to guarantee
  guna memberikan jaminan kebenaran informasi keuangan,            the correctness of financial information, the effectiveness and
  efektivitas dan efisiensi proses pengelolaan Perseroan serta     efficiency of the Company’s management processes as well as
  aspek kepatuhan terhadap peraturan perundang-undangan            aspects of compliance with related laws and regulations. The
  terkait. Direksi harus menetapkan suatu sistem pengendalian      Board of Directors must establish an effective internal control
  internal yang efektif untuk mengamankan investasi dan aset       system to secure the Company’s investments and assets.
  Perseroan.


  PENGENDALIAN INTERNAL ASPEK OPERASIONAL                          INTERNAL CONTROL ON OPERATION ASPECT
  Aktivitas pengendalian operasional dilakukan dengan              Operational control activities are carried out by ensuring that
  memastikan bahwa seluruh kegiatan operasional bisnis             all of the Company’s business operations run in accordance
  Perseroan telah berjalan sesuai dengan sistem, prosedur,         with all applicable systems, procedures, rules and norms in
  kaidah dan norma-norma yang berlaku demi tercapainya             order for the Company to achieve its targets that are free from
  target Perseroan yang terbebas dari kecurangan dan sesuai        frauds and in accordance with established internal policies.
  dengan kebijakan internal yang telah ditetapkan. Pengendalian    Internal control in operational aspects, including activities in
  internal pada aspek operasional, mencakup kegiatan distribusi,   distribution and sales, as well as in other matters related to
  penjualan, dan hal-hal lain terkait aktivitas operasi maupun     operations and investment.
  investasi.




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KEPATUHAN TERHADAP PERUNDANG-                                     COMPLIANCE WITH APPLICABLE LAWS
UNDANGAN YANG BERLAKU
Sebagai perusahaan terbuka, Perseroan senantiasa mematuhi         As a public company, the Company always complies with all
seluruh regulasi dan perundang-undangan yang berlaku.             applicable laws and regulations. The Company proactively
Perseroan secara proaktif mengikuti setiap perubahan atau         follows any changes or updates to regulations in the capital
pembaruan peraturan di bidang pasar modal, khususnya yang         market sector, especially those that are relevant to the
relevan dengan bidang usaha Perseroan.                            Company’s line of business.


TINJAUAN ATAS EFEKTIVITAS SISTEM                                  REVIEW OF THE EFFECTIVENESS OF INTERNAL
PENGENDALIAN INTERNAL                                             CONTROL SYSTEM
Efektivitas sistem pengendalian internal dievaluasi secara        The effectiveness of internal control system is regularly
berkala oleh Audit Internal baik di tingkat korporasi maupun      evaluated by Internal Audit at corporate and operational levels
di tingkat operasional untuk meningkatkan koordinasi kerja        to improve work coordination among control functions in the
yang baik dan sesuai antar fungsi-fungsi pengendalian di          Company.
lingkungan Perseroan.
• Audit Internal memberikan laporan secara berkala kepada         •   The Internal Audit presented regular reports to the Audit
    Komite Audit terkait dengan identifikasi kelemahan                Committee related to the identification of internal control
    pengendalian internal Perseroan melalui 4 (empat) kali            weakness in 4 (four) meetings with Audit Committee held
    rapat dengan Komite Audit yang diselenggarakan selama             in 2024.
    2024.
• Komite Audit telah memberikan rekomendasi terkait               •   The Audit Committee provided recommendations
    dengan penyempurnaan sistem pengendalian internal dan             related to internal control system improvement and
    pelaksanaannya.                                                   implementation.
• Perseroan telah melakukan penyempurnaan terhadap                •   The Company has made an update in the SOP to improve
    SOP guna meningkatkan efektivitas pengendalian internal           the effectiveness of internal control in the Company.
    Perseroan.
• Komite Audit telah menelaah dan memberikan masukan              •   The Audit Committee had reviewed and provided
    atas RAT yang disampaikan oleh Audit Internal.                    recommendations on the Audit Plan that was prepared by
                                                                      the Internal Audit.


PERNYATAAN    DEWAN   KOMISARIS   ATAS                            STATEMENT OF THE BOARD OF COMMISSIONERS
KECUKUPAN SISTEM PENGENDALIAN INTERNAL                            ON THE ADEQUACY OF INTERNAL CONTROL
                                                                  SYSTEM
Sistem pengendalian internal Perseroan diarahkan pada aspek       The Company’s internal control system is directed at the
kepatuhan seluruh elemen Perseroan terhadap peraturan             aspect of compliance with all elements of the Company with
perundang-undangan yang berlaku, serta Pedoman Perilaku           all applicable regulatory provisions, and the Company’s Code
dan Budaya Perusahaan. Pelaksanaan pengendalian dan               of Conduct and Corporate Culture. The Company’s internal
pengawasan internal Perseroan diselenggarakan secara              control and supervision run in stages which include the
berjenjang yang meliputi organ tata kelola, sebagai berikut:      governance organs, as follows:
• Dewan       Komisaris,     melakukan    pengawasan       dan    • The Board of Commissioners oversees and provides
    memberikan saran terkait proses pengelolaan perusahaan,            advices related to the Company’s management process,
    pengembangan usaha, serta pengelolaan risiko dengan                business development, and risk management by applying
    menerapkan prinsip kehati-hatian.                                  the precautionary principle.
• Direksi mengembangkan sistem pengendalian internal              • The Board of Directors develops the Company’s internal
    perusahaan agar dapat berfungsi secara efektif untuk               control system in a way that it can function effectively to
    mengamankan investasi dan aset Perseroan.                          secure the Company’s investments and assets.
• Audit Internal membantu Direksi dalam melaksanakan              • The Internal Audit assists the President Director in
    fungsi audit internal keuangan perusahaan dan operasional          carrying out internal audits of the company’s finances and
    perusahaan serta menilai pengendalian, pengelolaan dan             operations as well as assessing its control, management
    pelaksanannya serta memberikan saran-saran perbaikan.              and implementation as well as providing suggestions for
                                                                       improvement.
•   Komite Audit menilai pelaksanaan kegiatan serta hasil         • The Audit Committee assesses the implementation
    audit yang dilakukan oleh Audit Internal, memberikan               of activities as well as the results of audit work of the
    rekomendasi penyempurnaan sistem pengendalian                      Internal Audit, providing recommendations for all possible
    internal.                                                          improvements in the internal control system.




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  Berdasarkan laporan evaluasi dari Komite Audit, Dewan            Based on the evaluation report of Audit Committee, the Board
  Komisaris menilai bahwa sistem pengendalian internal             of Commissioners considers that the Company’s internal
  Perseroan telah dijalankan secara memadai.                       control system has been implemented adequately.




  Sistem Manajemen Risiko
  RISK MANAGEMENT SYSTEM




           “Sistem manajemen risiko merupakan bagian yang tak terpisahkan
           dari penerapan GCG yang bertujuan untuk meminimalkan potensi
           risiko dari suatu kejadian yang berdampak negatif dan memaksimalkan
           probablilitas kejadian yang menguntungkan.”

           “Risk management system is an integrated part of GCG which aims to minimize the potential risk of
           negative events and to maximize the probability of positive events.”




  Manajemen risiko adalah proses yang sistematis dan               Risk management is a systematic and structured process
  terstruktur untuk mengelola risiko di seluruh perusahaan.        for managing organizational risks. Risk is the likelihood of
  Risiko adalah kemungkinan terjadinya peristiwa yang dapat        something happening that might not be good for the business.
  berdampak negatif pada perusahaan. Manajemen risiko              The goal of risk management is to lessen or eliminate these
  bertujuan untuk mengurangi atau meminimalkan risiko              risks.
  tersebut.


  Dalam menjalankan kegiatan usaha, Perseroan menghadapi           In running the business, the Company faces several types
  beberapa jenis risiko yang melekat. Berbagai risiko tersebut     of inherent risks. These various risks are handled through
  ditangani melalui upaya pencegahan risiko, mitigasi risiko,      risk prevention, risk mitigation, or risk transfer. Each of the
  ataupun pengalihan risiko. Setiap unit di Perseroan harus        Company’s units must identify, measure, monitor and report
  melakukan identifikasi, pengukuran, pemantauan dan               on risks may keep the Company from achieving its objectives.
  pelaporan atas risiko-risiko yang berpotensi menyebabkan
  tidak tercapainya tujuan Perseroan.


  Fungsi manajemen risiko Perseroan dijalankan oleh Direksi        The Company’s risk management function is carried out by
  melalui pendekatan yang sistematis, terstruktur, dan             the Board of Directors through a systematic, structured, and
  terintegrasi untuk mengantisipasi suatu ketidakpastian atau      integrated approach to anticipate any uncertainty or loss that
  kerugian yang mungkin terjadi dalam pengelolaan Perseroan.       may occur in the management of the Company.




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Profil Risiko Tahun 2024
Risk Profile in 2024

          Jenis Risiko                          Penjelasan Risiko                                             Mitigasi Risiko
          Type of Risk                           Risk Explanation                                             Risk Mitigation

Kondisi perekonomian secara   Kondisi ketidakpastian perekonomian global yang              Perseroan senantiasa waspada akan perubahan dan
makro atau global             masih berlanjut, termasuk perekonomian Indonesia,            selalu memproyeksikan dengan sebaik mungkin
                              dapat menimbulkan dampak yang signifikan terhadap            perubahan yang mungkin terjadi dalam kondisi
                              kegiatan usaha Perseroan serta dapat menimbulkan             perekonomian secara makro dan global. Dengan
                              dampak yang material terhadap kegiatan usaha,                mempunyai proyeksi yang baik maka Perseroan
                              kinerja operasional, kondisi keuangan, dan prospek           mampu untuk bergerak secara dinamis dalam
                              Perseroan.                                                   menghadapi perubahan-perubahan.


Macro or global economic      The ongoing uncertainty of the global economy,               The Company remained attentive to changes and had
conditions                    including the Indonesian economy, could have a               all possible changes in macro and global economic
                              significant impact on the Company’s business activities      conditions projected. With such a projection, the
                              and could have a material impact on the Company’s            Company was able to move dynamically in the face of
                              business activities, operational performance, financial      changes.
                              condition, and prospects.
Kebijakan pemerintah          Perseroan dan entitas anak tunduk pada berbagai              Perseroan selalu mencermati perubahan-perubahan
                              peraturan dan kebijakan yang ditetapkan oleh                 kebijakan pemerintah yang mempunyai dampak agar
                              Pemerintah Indonesia, yang setiap saat dapat                 secara dinamis mampu untuk menyesuaikan diri
                              mengeluarkan      kebijakan-kebijakan   dan/atau             dengan perubahan-perubahan tersebut.
                              peraturan-peraturan baru atau mengubah atau
                              menghapus kebijakan-kebijakan dan/atau peraturan-
                              peraturan yang telah ada. Perubahan-perubahan
                              ini dapat membawa pengaruh material yang
                              kemungkinan dapat mempengaruhi bisnis, kondisi
                              keuangan dan kinerja usaha Perseroan dan entitas
                              anak.
Government Regulation         The Company and its subsidiaries are subject to various      The Company always monitors changes in government
                              regulations and policies issued by the Government of         policies that have an impact so that it is able to
                              Indonesia, which at any time may issue new policies          dynamically adapt to these changes.
                              and/or regulations or supersede the existing ones with
                              new policies and/or regulations. These changes may
                              have a material impact that may affect the business,
                              financial condition and business performance of the
                              Company and its subsidiaries.
Risiko tingkat suku bunga     Risiko dimana nilai wajar atau arus kas di masa              Perseroan dan entitas anaknya senantiasa mengelola
                              depan yang berfluktuasi karena perubahan tingkat             risiko ini dengan melakukan pinjaman dari bank yang
                              suku bunga pasar. Perseroan dan entitas anaknya              dapat memberikan tingkat suku bunga yang lebih
                              terpengaruh risiko perubahan suku bunga pasar                rendah dari bank lain.
                              terutama terkait dengan utang bank jangka pendek
                              dengan suku mengambang.
Interest rate risk            A type of risk where t the fair value or future cash flows   The Company and its subsidiaries always manage
                              fluctuates due to changes in market interest rates. The      this risk by taking loans from banks that offer lower
                              Company and its subsidiaries are exposed to the risk         interest rates than other banks.
                              of changes in market interest rates, mainly related to
                              short- term bank loans with floating rates.
Risiko kredit                 Risiko dimana pihak lawan transaksi gagal memenuhi           Perseroan dan entitas anak hanya melakukan transaksi
                              kewajibannya berdasarkan instrumen keuangan dan              dengan pihak-pihak yang diakui dan dapat dipercaya.
                              menyebabkan kerugian keuangan. Perseroan dan                 Hal ini menjadi salah satu kebijakan Perseroan dan
                              entitas anaknya terkena risiko ini dari kredit yang          entitas anak dimana semua pelanggan yang akan
                              diberikan kepada pelanggan.                                  melakukan pembelian secara kredit harus melalui
                                                                                           prosedur verifikasi kredit. Selain itu, posisi piutang
                                                                                           pelanggan juga dipantau secara terus-menerus untuk
                                                                                           mengurangi kemungkinan piutang yang tidak tertagih.
Credit Risk                   The type of risk where the counterparty fails to meet its    The Company and its subsidiaries only give term
                              obligations under the financial instrument and cause         payments to trustworthy parties. This is one of the
                              financial losses. The Company and its subsidiaries are       policies of the Company and its subsidiaries where
                              exposed to this risk from credit given to the customers      all customers who make purchases on credit must go
                              on the Company’s products.                                   through a credit verification procedure. In addition,
                                                                                           the position of customer receivables is also regularly
                                                                                           monitored to reduce the possibility of uncollectible
                                                                                           receivables.




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  TINJAUAN   ATAS                EFEKTIVITAS            SISTEM       REVIEW OF THE EFFECTIVENESS                          OF     RISK
  MANAJEMEN RISIKO                                                   MANAGEMENT SYSTEM
  Identifikasi dan evaluasi atas profil risiko-risiko yang relevan   The risk profiles that are relevant to the Company’s business
  dengan kegiatan usaha Perseroan dilakukan oleh masing-             activities is identified and evaluated by each department as
  masing departemen sebagai lini pertama dalam kerangka third        the first line within the framework of the third lines model.
  lines model. Selanjutnya Departemen Manajemen Risiko dan           Further, the Risk Management Department and Internal Audit
  Audit Internal berperan sebagai lini pertahanan kedua dan          act respectively as the second and third lines of defense that
  ketiga yang mengawal penerapan sistem manajemen risiko di          oversee the implementation of risk management system in the
  Perseroan.                                                         Company.


  Direksi bersama-sama dengan Audit Internal dan Dewan               The Board of Directors together with the Internal Audit and the
  Komisaris yang diwakili oleh Komite Audit menelaah dan             Board of Commissioners represented by the Audit Committee
  merumuskan strategi pengelolaan dan mitigasi risko yang            reviews and formulates the necessary risk management and
  diperlukan. Sementara Dewan Komisaris memonitor                    mitigation strategies. Meanwhile, the Board of Commissioners
  pelaksanaan aktivitas manajemen risiko Perseroan.                  monitors the process.


  Dengan melibatkan seluruh unsur di Perseroan, penerapan            By involving all elements in the Company, the implementation
  sistem manajemen risiko di Perseroan sepanjang tahun 2024          of the risk management system in the Company throughout
  sudah berjalan dengan baik, efektif, dan terukur.                  2024 has been running well, effectively, and measurably.


  PERNYATAAN    DEWAN   KOMISARIS   ATAS                             STATEMENT OF THE BOARD OF COMMISSIONERS
  KECUKUPAN SISTEM MANAJEMEN RISIKO                                  ON THE ADEQUACY OF RISK MANAGEMENT
                                                                     SYSTEM
  Dalam menghadapi risiko yang ada, Perseroan memiliki dan           In dealing with existing risks, the Company has in place and
  telah melaksanakan sistem manajemen risiko yang memadai            has implemented an adequate risk management system to
  untuk mendukung terlaksananya pengelolaan risiko yang              support the implementation of effective risk management with
  efektif dengan rincian sebagai berikut:                            the following details:
  a. Pengawasan yang aktif dari Dewan Komisaris dan Direksi          a. Active supervision of the Board of Commissioners and
      atas seluruh kinerja dan aktivitas Perseroan.                      Board of Directors on all performance and activities of the
                                                                         Company.
  b. Melakukan evaluasi, pembaharuan dan pengadaan                   b. Evaluating, updating. and procuring policies, regulations
     kebijakan-kebijakan, peraturan dan SOP.                             and SOP.
  c. Melakukan identifikasi, pengukuran serta pemantauan             c. Identifying, measuring, and monitoring the potential risks
     potensi-potensi risiko yang dihadapi oleh Perseroan.                faced by the Company.
  d. Penerapan sistem informasi manajemen dalam hal                  d. Implementation of management information system in
     pengendalian internal yang menyeluruh. Perseroan dalam              terms of comprehensive internal control. By implementing
     menerapkan pengendalian risikonya, ditujukan untuk                  risk control, the Company aims to obtain effectiveness
     memperoleh efektivitas dari kinerja.                                from performance.




  Perkara Hukum
  LEGAL CASES


  Hingga akhir tahun 2024, Perseroan, anggota Direksi dan            At end of December 2024, the Company including Board of
  Dewan Komisaris tidak terlibat perkara bersifat material yang      Directors and Board of Commissioners were not involved in
  mencakup lingkup perdata, pidana, kepailitan, perpajakan,          any material cases, either civil, criminal, bankcruptcy, tax, state
  tata usaha negara, ataupun perkara yang terdapat dalam             administrative or cases under Indonesian National Arbitration
  Badan Arbitrase Nasional Indonesia.                                Board.




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Sanksi Administratif
ADMINISTRATIVE SANCTION




Pada tahun 2024, Perseroan tidak pernah menerima sanksi              In 2024, there was no administrative sanction imposed to the
administratif dari regulator maupun otoritas pasar modal.            Company by the regulators or capital market authorities.




Pedoman Perilaku
CODE OF CONDUCT




      “Pedoman Perilaku adalah komitmen seluruh insan Perseroan
      berupa standar yang memuat prinsip dan nilai serta cara berperilaku
      dalam pengambilan keputusan dengan menjunjung tinggi etika dan
      menghormati hak-hak pemangku kepentingan yang dimiliki Perseroan.”

      “The Code of Conduct is the commitment of all Company people in the form of standards that contain
      principles and values as well as ways of behavior in decision-making by upholding ethics and respecting
      the rights of the Company’s stakeholders.”




     PEDOMAN PERILAKU
     Code of Conduct

     Perseroan memandang perlu untuk menyusun Pedoman                The Company believes that it is necessary to prepare a Code
     Perilaku yang mengutamakan etika dan nilai-nilai sehingga       of Conduct that prioritizes ethics and values thus ensuring the
     menjamin terlaksananya GCG. Pedoman Perilaku tidak              GCG implementation. The Code of Conduct does not replace
     menggantikan ketentuan yang tertuang dalam Peraturan            the provisions contained in the Company Regulation, but on the
     Perusahaan, tetapi sebaliknya merupakan pelengkap agar          contrary, it is a complement so that the Company’s people realize
     Insan Perseroan mewujudkan apa yang diharapkan sehingga         what is expected so that professional accountability with high
     terbentuk akuntabilitas profesional dengan integritas yang      integrity is formed. Thus, the purpose of this code of conduct is
     tinggi. Dengan demikian, maksud dari Pedoman Perilaku           aim to the practical standards for ethics that must be followed
     adalah mengarah pada standar praktis etika yang harus           by all the Company’s people and create achievements and a
     diikuti oleh seluruh insan Perseroan dan menciptakan prestasi   positive corporate image with ethical leadership and behavior
     dan citra Perseroan yang positif dengan model perilaku dan      models at all levels of interaction between the Company and its
     kepemimpinan yang beretika di semua tingkat interaksi antara    stakeholders.
     Perseroan dan pemangku kepentingannya.




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  POKOK-POKOK PEDOMAN PERILAKU                                      CONTENT OF THE CODE OF CONDUCT
  Pedoman Perilaku mengatur kebijakan nilai-nilai etis yang         The Company’s Code of Conduct governs ethical values policies
  dinyatakan secara eksplisit sebagai suatu standar perilaku        which are stated explicitly as a standard of behavior that each
  yang harus dipedomani oleh seluruh Insan Perseroan.               of the Company’s people ought to follow. The Code of Conduct
  Pedoman Perilaku mengatur hal-hal sebagai berikut:                regulates the following matters:
  1. Komitmen      Perseroan    terhadap     para pemangku          1. The Company’s commitment towards its stakeholders.
      kepentingan.
  2. Komitmen perilaku karyawan.                                    2. Employee behavioral commitment.
  3. Petunjuk pelaksanaan.                                          3. Implementation Instructions.
  4. Pakta integritas dan pernyataan anti-fraud.                    4. Integrity pact and anti-fraud statement.


  SOSIALISASI         DAN      PENEGAKAN          PEDOMAN           SOCIALIZATION AND ENFORCEMENT OF THE
  PERILAKU                                                          CODE OF CONDUCT
  Dalam rangka menegakkan Pedoman Perilaku sebagai standar          In order to enforce the Code of Conduct as the Company’s
  etika di Perseroan, maka seluruh manajemen di lingkungan          ethical standards, all the Company’s management of all
  Perseroan bertanggung jawab untuk memastikan bahwa                levels are given the responsibility to ensure that the Code of
  Pedoman Perilaku telah disosialisasikan kepada seluruh            Conduct has been socialized to all employees to make them
  karyawan dengan tujuan untuk dipahami dan dipraktikkan            comprehendible and realizable as an inseparable part of
  secara sadar sebagai bagian tak terpisahkan dari praktik bisnis   business practices and performance appraisal of all employees
  dan penilaian kinerja seluruh karyawan Perseroan.                 of the Company.


  Proses penegakan Pedoman Perilaku dimulai dari sosialisasi        The process of enforcing the Code of Conduct begins with the
  Nilai-nilai Luhur Perusahaan beserta Pedoman Perilaku             socialization of the Company’s Noble Values and the Code of
  sebagai satu bagian yang tidak terpisahkan. Sosialisasi           Conduct that are integral to one another. The socialization was
  dilakukan oleh Divisi Human Resources melalui media tatap         carried out by the Human Resources Division through face-to-
  muka dan media elektronik yang lainnya yang dapat diakses         face media and other electronic media that every employee of
  oleh setiap insan Perseroan dengan mudah. Adapun tujuan           the Company can easily access. The objectives of socialization
  dari sosialisasi adalah sebagai berikut:                          are as follows:
  1. Sebagai preparatory stage pengenalan Pedoman Perilaku          1. As a preparatory stage to introduce the Code of Conduct to
      kepada setiap insan Perseroan,                                    every tje Company’s people,
  2. Menanamkan Pedoman Perilaku kepada setiap insan                2. To instil the Code of Conduct for all the Company’s people
      Perseroan agar dapat mempelajari dan menghayati Nilai-            so they can learn and live up to the Company’s Noble
      nilai Luhur Perseroan dan Pedoman Perilaku,                       Values and Code of Conduct,
  3. Melahirkan kesadaran dari setiap diri insan Perseroan          3. To produce awareness among all of the Company’s people
      untuk menerapkan Pedoman Perilaku di dalam setiap                 to apply the Code of Conduct in every action, including
      tindakan, termasuk pada saat menjalankan bisnis                   when running the Company’s business.
      Perseroan.


  PEDOMAN PERILAKU BERLAKU DI SELURUH                               THE CODE OF CONDUCT APPLIES AT ALL
  LEVEL ORGANISASI                                                  ORGANIZATIONAL LEVEL
  Pedoman Perilaku wajib diketahui, dipahami, dihayati, dan         The Company’s Code of Conduct must be known, understood,
  dilaksanakan oleh semua insan Perseroan dari berbagai             internalized, and implemented by all the Company’s people at
  tingkatan level jabatan, termasuk Dewan Komisaris dan Direksi,    all office ranks, including the Board of Commissioners and the
  serta pejabat eksekutif lainnya. Perseroan akan bertindak         Board of Directors, and other executive officers. The Company
  tegas terhadap perilaku yang menyimpang dari standar ini.         will take firm action against behavior that deviates from this
                                                                    standard.




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Kebijakan Pemberian Kompensasi Jangka
Panjang Berbasis Kinerja kepada Manajemen
dan/atau Karyawan
PERFORMANCE-BASED LONG-TERM COMPENSATION POLICY TO
MANAGEMENT AND OR EMPLOYEES


Pada RUPSLB tanggal 6 September 2023, keputusan Pemegang         At the EGMS on September 6, 2023, the Shareholders’
Saham terkait usulan Program Kepemilikan Saham oleh              resolution regarding the proposed Management and Employee
Manajemen dan Karyawan (Management and Employee Stock            Stock Ownership Program (MESOP) are as follows:
Ownership Program atau MESOP) adalah sebagai berikut:
1. Menyetujui pengalihan sebagian Saham Treasuri yang            1. Approve the Partial transfer a portion of Treasury Stock
   dimilik oleh Perseroan untuk Program MESOP dengan                owned by the Company for the MESOP Program with a
   jumlah sebanyak-banyaknya 51.540.500 lembar saham                maximum amount of 51,540,500 shares or 0.32% of the
   atau 0,32% dari modal ditempatkan dan disetor penuh              issued and fully paid-up capital in the Company.
   dalam Perseroan.
2. Menyetujui memberikan kuasa kepada Dewan Komisaris            2. Granted the authorization to the Board of Commissioners
   Perseroan untuk menyatakan realisasi pengeluaran saham           of the Company to declare the realization of the issuance
   treasuri Perseroan sehubungan dengan pelaksanaan                 of the Company’s Treasury Stock in connection with the
   Program MESOP, kuasa tersebut berlaku untuk jangka               implementation of the MESOP Program, the power of
   waktu sebagaimana diatur dalam peraturan dan ketentuan           attorney is valid for a period as stipulated in existing rules
   yang ada.                                                        and regulations.
3. Menyetujui memberikan kewenangan kepada Direksi               3. Granted the authorization to the Board of Directors of the
   Perseroan untuk melakukan segala tindakan yang                   Company to take all actions necessary in implementing
   diperlukan dalam melaksanakan keputusan Rapat                    the resolutions of the Meeting including to take any action
   termasuk untuk melakukan tindakan apapun untuk dan               for and within the framework of the MESOP Program,
   dalam rangka Program MESOP, antara lain namun tidak              including but not limited to, determining the criteria
   terbatas, menentukan kriteria dan pelaksanaan seleksi            and implementation of participant selection, terms and
   peserta, syarat dan ketentuan partisipasi dan hal-hal lain       conditions of participation and other matters needed in
   yang diperlukan dalam pelaksanaan Program MESOP.                 the implementation of the MESOP Program.


Hingga akhir tahun buku 2024, rencana Program MESOP              Until the end of the fiscal year 2024, the MESOP Program plan
belum terlaksana dan berdasarkan RUPSLB tanggal 19 Juni          had not been implemented and based on the EGMS on June
2024, Pemegang Saham menyetujui perpanjangan rencana             19, 2024, Shareholders approved the extension of the MESOP
pelaksanaan Program MESOP.                                       Program implementation plan.




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  Kebijakan Pengungkapan Kepemilikan Saham
  Anggota Direksi dan Anggota Dewan Komisaris
  DISCLOSURE POLICY OF SHARES OWNERSHIP BY MEMBERS OF THE BOARD
  OF DIRECTORS AND THE BOARD OF COMMISSIONERS




  Berdasarkan Peraturan OJK No. 4/2024 tentang Laporan             Based on OJK Regulation No. 4/2024 concerning Report on
  Kepemilikan atau Setiap Perubahan Kepemilikan Saham              Ownership or Any Changes in Shares Ownership of a Public
  Perusahaan Terbuka, Perseroan menyusun kebijakan                 Company, the Company formulates a policy regarding the
  mengenai kewajiban anggota Direksi dan anggota Dewan             obligations of members of the Board of Directors and members
  Komisaris untuk menyampaikan informasi kepada Perseroan          of the Board of Commissioners to submit information to the
  mengenai kepemilikan dan setiap perubahan kepemilikannya         Company regarding ownership and any changes in his/her
  atas saham Perseroan (Saham ERAA), antara lain:                  ownership of the Company’s shares (ERAA Shares), including:
  • Anggota Direksi atau anggota Dewan Komisaris yang              • Members of the Board of Directors or members of the
      memiliki saham dengan hak suara baik langsung maupun             Board of Commissioners who own the share with voting
      tidak langsung dalam ERAA wajib menyampaikan laporan             rights, either directly or indirectly in ERAA, are required to
      kepemilikan hak suara atas saham dan setiap perubahan            submit a report of the ownership of the share with voting
      kepemilikan hak suara atas saham dalam ERAA kepada OJK           right and any changes in the ownershing of the share
      paling lambat 5 (lima) hari sejak terjadinya kepemilikan         with voting right in ERAA to OJK no later than 5 (five) days
      atau perubahan kepemilikan atas Saham ERAA tersebut.             after the occurrence of the ownership or change in the
                                                                       ownership of ERAA Shares.
  •     Anggota Direksi dan anggota Dewan Komisaris dapat          • Members of the Board of Directors and members of the
        memberikan kuasa tertulis kepada pihak lain untuk              Board of Commissioners can provide written authorization
        melaporkan kepemilikan hak suara atas saham dan setiap         to other parties to report ownership of voting rights on
        perubahan kepemilikan hak suara atas saham Perusahaan          shares and any changes in ownership of voting rights on
        Terbuka.                                                       shares of a Public Company.


  PELAKSANAAN ATAS KEBIJAKAN KEPEMILIKAN                           IMPLEMENTATION OF ERAA SHARES OWNERSHIP
  SAHAM ERAA PADA TAHUN 2024                                       POLICY IN 2024
  Pada tahun 2024 Perseroan tidak menerima informasi dari baik     In 2024, the Company did not receive information from either
  anggota Direksi maupun anggota Dewan Komisaris mengenai          member of the Board of Directors or members of the Board of
  terjadinya kepemilikan (baru) atau perubahan kepemilikan         Commissioners regarding the (newly) occurrence of ownership
  atas Saham ERAA yang telah dimiliki sejak tahun-tahun            or changes in ownership of ERAA Shares that have been owned
  sebelumnya yang telah diketahui dan dicatat oleh Perseroan.      since previous years ago which were already known and
                                                                   recorded by the Company.




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Kebijakan Komunikasi dengan
Pemegang Saham
COMMUNICATION POLICY WITH SHAREHOLDERS



       “Sebagai wujud dari komitmen Perseroan untuk menciptakan nilai jangka
       panjang bagi para pemegang saham, Perseroan menyusun Kebijakan
       Komunikasi dengan Pemegang Saham (“Kebijakan Komunikasi”) yang
       mengatur proses pemberian informasi kepada para pemegang saham
       dan komunitas investasi secara wajar dan tepat waktu sehingga para
       pemegang saham dan komunitas investasi dapat melakukan penilaian
       atas strategi, perkembangan, operasional dan kinerja keuangan
       Perseroan, serta memungkinkan pemegang saham dan komunitas
       investasi terlibat secara aktif dengan Perseroan.”

       “As a manifestation of the Company’s commitment to creating long-term value for its shareholders, the
       Company has prepared a Communication Policy with Shareholders (“Communication Policy”) that governs
       the process of providing fair and timely information to shareholders and the investment community that
       will allow the shareholders and the investment community to assess the Company’s strategy, growth,
       operations and financial performance, as well as enable shareholders and the investment community to
       be actively involved with the Company.”




Secara garis besar, Kebijakan Komunikasi mengatur mengenai     Generally, the Communication Policy governs general policies
kebijakan umum dan media komunikasi.                           and communication media.


KEBIJAKAN UMUM                                                 GENERAL POLICIES
1. Dialog yang informatif serta konstruktif antara Direksi     1. Informative and constructive dialogue between the Board of
   dengan pemegang saham dan komunitas investasi akan             Directors and shareholders and the investment community
   mendorong kualitas penerapan GCG. Dalam kegiatan               will enhance the quality of the GCG implementation In
   sehari-hari, Investor Relations Perseroan akan mengambil       daily activities, the Company’s Investor Relations plays a
   peran dalam komunikasi antara Direksi dengan pemegang          key role in communication between the Board of Directors
   saham/ komunitas investasi,                                    and shareholders/ investment community,
2. Perseroan berfokus pada komunikasi yang terbuka,            2. The Company focuses on open communication, transparent
   pengungkapan secara transparan dan wajar, perlakuan            and fair disclosure, equal treatment to shareholders and
   yang setara terhadap para pemegang saham dan                   protection for the interests of shareholders, by upholding
   perlindungan atas kepentingan para pemegang saham,             the integrity, timeliness and relevance of the information
   dengan menjunjung integritas, ketepatan waktu dan              provided,
   relevansi informasi yang diberikan,
3. Perseroan      selalu    memastikan     informasi   yang    3. The Company always ensures that information is accurately
   dikomunikasikan secara akurat untuk menghindari                communicated to avoid the creation or continuation of
   penciptaan atau kelanjutan dari informasi yang                 misleading information in the market,
   menyesatkan di pasar,




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  4. Perseroan mengupayakan komunikasi dengan para                 4. The Company strives for communication with shareholders
     pemegang saham dilakukan sesuai kebutukan para                   according to the needs of the shareholders,
     pemegang saham,
  5. Komunikasi dengan pemegang saham merupakan                    5. Communication with shareholders is a top priority.
     prioritas utama. Informasi yang luas tentang kegiatan            Extensive information about the Company’s activities is
     Perseroan tersedia bagi para pemegang saham dalam                disclosed to shareholders in the Company’s annual reports,
     laporan tahunan, laporan keuangan ataupun laporan-               financial reports or reports to the regulators, which are
     laporan Perseroan kepada regulator, yang tersedia di             made available on the Company’s website (www.erajaya.
     website Perseroan (www.erajaya.com),                             com),
  6. Komunikasi dengan pemegang saham dan komunitas                6. Communication with shareholders and the investment
     investasi dilakukan sesuai dengan perundang-undangan             community is carried out in accordance with applicable
     dan peraturan yang berlaku.                                      laws and regulations.


  Sosialisasi   kebijakan    komunikasi    Perseroan      telah    The socialization of the Company’s communication policy
  dipublikasikan pada situs web Perseroan.                         guidelines has been uploaded on the Company’s website.


  MEDIA KOMUNIKASI                                                 COMMUNICATION MEDIA
  Komunikasi dengan para pemegang saham dan komunitas              Communication with shareholders and investment community
  investasi dilakukan melalui:                                     is carried out through:
  1. RUPS                                                          1. GMS
  2. Paparan Publik                                                2. Public Expose
  3. Laporan Keuangan                                              3. Financial Report
  4. Laporan Keberlanjutan                                         4. Sustainability Report
  5. Komunikasi dengan komunitas investasi                         5. Communication with the investment community
  6. Situs web Perseroan                                           6. Company website
  7. Pertanyaan pemegang saham                                     7. Shareholder questions
  8. Akses email                                                   8. Email access




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Sistem Pelaporan Pelanggaran
WHISTLEBLOWING SYSTEM




      “Sistem Pelaporan Pelanggaran (Whistleblowing System/WBS) adalah
      sistem yang mengelola pengaduan/penyingkapan mengenai perilaku
      melawan hukum, perbuatan tidak etis/tidak semestinya secara rahasia,
      anonim dan mandiri yang digunakan untuk mengoptimalkan peran serta
      insan Perseroan dan pihak lainnya dalam mengungkapkan pelanggaran
      yang terjadi di lingkungan Perseroan.”

      “Whistleblowing System (WBS) is a system to process every report/disclosure about actions against the
      law, unethical/misappropriate attitude in confidential, anonymous, and autonomous ways that are
      implemented to optimize the participation of Company’s people and other parties to reveal any violation
      occurred in the Company’s circumstances.”




WBS diharapkan dapat membantu Perseroan untuk                  The WBS is expected to assist the Company in minimizing
meminimalkan terjadinya potensi pelanggaran pada lingkup       the occurrence of potential violations within the scope of the
Perseroan, sekaligus mendorong para pihak untuk segera         Company, while encouraging all parties to immediately report
melaporkan tindakan-tindakan pelanggaran tanpa ada             violations without any doubt or fear.
keraguan atau rasa takut.




    PIHAK PENERIMA PENGADUAN WBS
    BERDASARKAN POSISI TERLAPOR
    Recipient of WBS Report Based on the Position of the Reported Party




                                             Jika yang                   Jika yang                  Jika yang
                                             dilaporkan                  dilaporkan                 dilaporkan
                                             adalah                      adalah karyawan,           anggota Direksi,
                                             anggota Tim                 laporan ditujukan          laporan ditujukan
                                             Whistleblowing,             pada Tim                   kepada Tim
                                             laporan ditujukan           Whistleblowing,            Whistleblowing
                                             pada Direksi                dan diteruskan             dan diteruskan
                                             If the reported party       kepada Direksi             kepada Dewan
                                             is a member of WBS          Perseroan                  Komisaris
                                             Team, the report shall be   If the reported party is   Perseroan
                                             submitted to the Board      An employee, the report    If the reported party is
                                             of Directors                shall be submitted to      a member of Board of
                                                                         the WBS Team and           Directors, the report shall
                                                                         forwarded to the Board     be to the WBS Team and
                                                                         of Directors               forwarded to the Board
                                                                                                    of Directors




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  MEKANISME PENANGANAN LAPORAN                                                             REPORT HANDLING MECHANISM
  Setiap laporan yang masuk akan dipelajari, diklasifikasikan dan                          Every report received will be reviewed, classified, and followed-
  ditindaklanjuti berdasarkan fakta-fakta yang diperoleh.                                  up considering the facts.


  Jika dokumen dan bukti-bukti yang disampaikan lengkap, Tim                               If the documents and evidence submitted are complete, the
  WBS melakukan pemilahan data dan memutuskan apakah                                       WBS Team will start the data screening process and decide
  kasus tersebut dapat dilanjutkan ke tingkat penyelidikan. Jika                           whether the case can be continued to the investigation level.
  keputusannya adalah cukup bukti, maka laporan tersebut                                   If the decision is sufficient evidence, then the report will be
  akan ditingkatkan statusnya ke tahap penyelidikan.                                       upgraded to the investigation stage.


  Keputusan terhadap terbukti/tidaknya pelaporan tersebut                                  The decision of the report, whether proven correct or not, will
  akan dibuat dan diambil berdasarkan pertimbangan akibat                                  be made and taken based on the consideration of the impact,
  tindakan, derajat kesengajaan dan motif tindakan.                                        level of intention, and purpose of the action.


  Laporan yang tidak terbukti akan dikembalikan kepada                                     Any not proven report will be returned to the whistleblower. If
  pelapor. Namun apabila terbukti, Tim WBS akan melaporkan                                 the report is proven, the WBS Team will report the finding to
  hasil temuannya tersebut kepada Direksi/ Dewan Komisaris.                                the Board of Directors/ Board of Commissioners. Any report
  Laporan yang berkaitan dengan jajaran manajemen di bawah                                 related to the Management under the Board of Directors will
  Direksi disampaikan dalam bentuk surat dan ditujukan kepada                              be delivered by letter and addressed to the President Director;
  Direktur Utama, sedangkan laporan-laporan yang berkaitan                                 however, any report related to the Board of Directors will be
  dengan Direksi akan ditujukan kepada Dewan Komisaris.                                    addressed to the Board of Commissioners.


  Sanksi yang dijatuhkan dapat berupa teguran lisan, surat                                 The punishment will be administered as a verbal warning,
  peringatan (I, II, III), hingga pemutusan hubungan kerja (PHK).                          warning letter (I, II, II) up to termination (PHK). The Company
  Perseroan tidak akan menolerir setiap pelanggaran terkait                                has zero-tolerance against any integrity violation.
  dengan integritas.


                  Pelapor                          Tanggapan               Tim Pelaporan Pelanggaran
                  Reporter                          Feedback                  Whistleblowing Team




        Sistem Pelaporan Pelanggaran
                                        Mekanisme Penanganan                                                                           Penindakan sesuai dengan
                                                                                                                                        Ketentuan yang Berlaku
            Whistleblowing System
                                        Pelaporan Pelanggaran                                                                        Enforcement in Accordance with
                                                                                                                                         Applicable Regulations


                                        Whistleblowing Report
             Memenuhi Kriteria
                                        Mechanism                                                                Jika Terbukti
                                                                                                                                     Putusan dari Direksi/Komisaris
                                                                                                                                    Decision of the Board of Directors/
              Meet the Criteria                                                                                     If Proven
                                                                                                                                             Commissioners




             Penelaahan oleh Tim           Dilaporkan Kepada Dewan
                                                                                                                                              Kasus Ditutup
               Whistleblowing                       Komisaris
                                                                                                                                               Case Closed
        Review by Whistleblowing Team   Report to Board of Commissioners




                                                                                                                                     Putusan dari Direksi/Komisaris
         Dilaporkan Kepada Direksi             Investigasi Internal         Laporan Hasil Investigasi         Jika Tidak Terbukti
                                                                                                                                    Decision of the Board of Directors/
         Report to Board of Directors         Internal Investigation          Investigation Report               If Not Proven
                                                                                                                                             Commissioners




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PERLINDUNGAN BAGI PELAPOR                                         PROTECTION TO THE WHISTLEBLOWER
Perseroan menyediakan fasilitas saluran pelaporan melalui         The Company provides whistleblowing facility by mail and
surat dan email yang independen, bebas, dan rahasia bagi          e-mail that is independent, autonomous, and confidential for
pelapor, agar terlaksana proses pelaporan yang aman.              the whistleblower to establish a secure reporting process.


Tim WBS wajib menjaga kerahasiaan identitas pelapor               The WBS Team shall protect the confidentiality of the
dengan tujuan memberikan perlindungan kepada pelapor              whistleblower’s identity aiming to protect the whistleblower
atas tindakan balasan dari terlapor. Informasi pelaksanaan        from any countermeasure from the reported party.
tindak lanjut laporan akan disampaikan secara rahasia kepada      Information about the reported follow-up will be delivered
pelapor yang identitasnya lengkap.                                confidentially to the whistleblower with a complete identity.


PENGADUAN DITERIMA DAN DISELESAIKAN                               WHISTLEBLOWING RECEIVED AND RESOLVED
PADA TAHUN 2024                                                   IN 2024
Hingga akhir 2024, tidak terdapat laporan pengaduan yang          Until the end of 2024, there were no complaints reports
diterima di dalam wistem WBS. Walaupun nihil pelaporan,           received in the WBS system. Despite zero reporting, the WBS
Tim WBS tetap mengelola sistem WBS yang berjalan                  Team still manages the running WBS system and evaluates the
dan mengevaluasi efektivitas penerapannya. Selain itu,            effectiveness of its implementation. In addition, the operation
operasionalisasi WBS juga tetap diawasi oleh Dewan Komisaris      of the WBS is also monitored by the Board of Commissioners
agar objektivitas dan independensi pengelolanya tetap terjaga.    in order to ensure the objectivity and independence of its
                                                                  managers.




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      Tata Kelola Perusahaan
        Corporate Governance




  Kebijakan Antikorupsi
  ANTI-CORRUPTION POLICY




  Salah satu upaya Perseroan untuk meningkatkan kualitas tata      One of the Company’s efforts to improve the quality of
  kelola di Perseroan adalah dengan memastikan bahwa seluruh       governance in the Company is to ensure that all activities and
  aktivitas dan proses bisnis Perseroan terhindar dari tindakan-   business processes of the Company are to ensure that their
  tindakan korupsi sebagaimana didefinisikan dalam Undang-         activities and the Company’s business are free of corruption
  Undang Pemberantasan Tindak Pidana Korupsi (UU Tipikor),         as referred to in the Corruption Eradication Act (UU Tipikor),
  yaitu terkait dengan kegiatan: 1) merugikan keuangan negara,     which are related to the following activities: 1) detrimental
  2) penyuapan, 3) penggelapan, 4) pemerasan, 5) perbuatan         to state finances, 2) bribery, 3) embezzlement, 4) extortion,
  curang, 6) benturan kepentingan, dan 7) gratifikasi. Untuk itu   5) fraud, 6) conflict of interest, and 7) gratification. For this
  Perseroan memiliki sejumlah kebijakan yang tertuang dalam        reason, the Company has several policies contained in the
  dokumen-dokumen sebagai berikut:                                 following documents:
  a. Pedoman Tata Kelola                                           a. Governance Guidelines
  b. Pedoman Kerja Direksi                                         b. Board of Directors Charter
  c. Pedoman Kerja Dewan Komisaris                                 c. Board of Commissioners Charter
  d. Pedoman Kerja Internal Audit                                  d. Internal Audit Charter
  e. Pedoman Kerja Komite Audit                                    e. Audit Committee Charter
  f. Pedoman Perilaku                                              f. Code of Conduct
  g. Pedoman Whistleblowing System                                 g. Whistleblowing System Guidelines


  KEGIATAN PELATIHAN/ SOSIALISASI ANTIKORUPSI                      ANTI-CORRUPTION TRAINING/ SOCIALIZATION
  KEPADA KARYAWAN                                                  ACTIVITIES FOR EMPLOYEES
  Perseroan melakukan sosialisasi kebijakan antikorupsi melalui    The Company’s anti-corruption policy is socialized through the
  proses penegakan Pedoman Perilaku yang dimulai dari              process of enforcing the Code of Conduct, starting with the
  internalisasi Nilai-Nilai Luhur Perseroan beserta Pedoman        internalization of the Company’s Noble Values and the Code
  Perilaku sebagai bagian yang tidak terpisahkan. Sosialisasi      of Conduct as one integral part. The socialization is normally
  tersebut biasanya dilakukan oleh Audit Internal dan Direksi      carried out by Internal Audit and the Board of Directors when
  pada kesempatan-kesempatan event internal atau townhall          internal occasion arises or during Townhall meetings and is
  meeting dan juga tercantum dalam Pedoman Perilaku.               stated in the Code of Conduct. Besides face-to-face forums, the
  Selain melalui kegiatan tatap muka, sosialisasi kebijakan juga   policy is also socialized via electronic media that can be easily
  dilakukan melalui media elektronik yang dapat diakses dengan     accessed by all the Company’s people and other stakeholders,
  mudah oleh setiap insan Perseroan maupun para pemangku           by e.g., uploading the policy on the Company’s official website.
  kepentingan lainnya, termasuk pada situs web Perseroan.


  Tujuan dari sosialisasi adalah:                                  The objectives of socialization are:
  1. Sebagai preparatory stage pengenalan Pedoman Perilaku         1. As a preparatory stage for introducing the Code of Conduct
      kepada setiap insan Perseroan,                                  to every member of the Company,
  2. Menanamkan Pedoman Perilaku kepada setiap insan               2. To instill the Code of Conduct to the Company’ people so
      Perseroan agar dapat mempelajari dan menghayati Nilai-          that they can learn and live up to the Company’s Noble
      Nilai Luhur Perusahaan dan Pedoman Perilaku,                    Values and Code of Conduct,
  3. Melahirkan kesadaran dari setiap diri insan Perseroan         3. To create awareness among all the Comapny’s people to
      untuk menerapkan Pedoman Perilaku di dalam setiap               apply the Code of Conduct in every action, including in
      tindakan, termasuk pada saat menjalankan bisnis                 running the Company’s business.
      Perseroan.




242     PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                erajaya.com
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                                                                                                              Tata Kelola Perusahaan
                                                                                                              Corporate Governance




Penerapan Tata Kelola Perusahaan Terbuka
CORPORATE GOVERNANCE IMPLEMENTATION OF PUBLIC COMPANIES




Sesuai dengan Peraturan Jasa Keuangan (POJK) Nomor 21/                   Pursuant to OJK Regulation Number 21/POJK.04/2015
POJK.04/2015 tentang Penerapan Pedoman Tata Kelola                       concerning the Implementation of Corporate Governance
Perusahaan Terbuka dan Surat Edaran Otoritas Jasa Keuangan               in Listed Companies and OJK Circular Letter Number 32/
(SEOJK) Nomor 32/SEOJK.04/2015 tentang Pedoman Tata                      SEOJK.04/2015 concerning Corporate Governance Guidelines
Kelola Perusahaan Terbuka, dalam penerapan 5 (lima) aspek,               for Listed Companies, the implementation of 5 (five) aspects, 8
8 (delapan) prinsip tata kelola perusahaan yang baik serta 25            (eight) principles of good corporate governance, and 25 (twenty-
(dua puluh lima) rekomendasi yang disampaikan oleh OJK,                  five) recommendations are required by OJK. The Company
penerapan aspek dan prinsip tata kelola perusahaan yang baik             hereby submits its responses regarding the implementation
berdasarkan pendekatan “comply or explain” oleh Perseroan                of the aspects and principles of good corporate governance
adalah sebagai berikut:                                                  based on “comply or explain” approach as follows:



        Aspek                     Prinsip                     Rekomendasi                                   Pelaksanaan
        Aspects                  Principles                 Recommendations                               Implementations

 A. Hubungan              Prinsip 1:              1.1. Perusahaan terbuka memiliki cara    Perseroan telah memiliki mekanisme dan
    perusahaan            Meningkatkan nilai           atau prosedur teknis pengumpulan    prosedur pengambilan keputusan melalui
    terbuka dengan        penyelenggaraan Rapat        suara (voting) baik secara          pengumpulan suara (voting) yaitu pemegang
    pemegang saham        Umum Pemegang                terbuka maupun tertutup yang        saham mengangkat tangan sesuai dengan pilihan
    dalam menjamin        Saham (RUPS).                mengedepankan independensi,         yang ditawarkan oleh Pimpinan RUPS, dengan
    hak-hak pemegang                                   dan kepentingan pemegang saham.     mengedepankan independensi dan kepentingan
    saham.                                                                                 pemegang saham sebagaimana dituangkan
                                                                                           dalam Tata Tertib RUPS yang dibacakan dalam
                                                                                           RUPS dan dibagikan kepada pemegang saham
                                                                                           yang hadir.
 A. Relationship          1st Principle:          1.1. Public company has the options      The Company has a decision-making mechanism
    between public        Increase the value of        or technical procedures of opened   and procedure, which is through a voting where
    companies and         General Meeting of           and closed voting, observing        shareholders raise their hands for approval on
    shareholders in       Shareholders (GMS).          independency and the interests of   the available option introduced by the Chairman
    assuring the rights                                shareholders.                       of GMS, in a manner that upholds independence
    of shareholders.                                                                       and prioritize the shareholders’ interests, as
                                                                                           covered in the rules of GMS, announced in the
                                                                                           GMS, and distributed to the shareholders.
                                                  1.2. Seluruh anggota Direksi dan         Dalam RUPS Tahunan tanggal 19 Juni 2024,
                                                       anggota Dewan Komisaris             Bapak Joy Wahyudi (Wakil Direktur Utama), Bapak
                                                       perusahaan terbuka hadir dalam      Ardy Hadi Wijaya (Komisaris Utama), dan Bapak
                                                       RUPS Tahunan.                       Richard Halim Kusuma (Komisaris) tidak hadir.


                                                  1.2. All members of the Board of         In the Annual GMS on 19 June 2024, Mr. Joy
                                                       Commissioners (BOC) and the         Wahyudi (Vice President Director), Mr. Ardy
                                                       Board of Dirctors (BOD) of public   Hadi Wijaya (President Commissioner), and Mr.
                                                       company attend the Annual GMS.      Richard Halim Kusuma (Commissioner) were not
                                                                                           present.




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             Aspek                     Prinsip                      Rekomendasi                                      Pelaksanaan
             Aspects                  Principles                  Recommendations                                  Implementations
                                                       1.3. Ringkasan risalah RUPS tersedia        Untuk memenuhi ketentuan dalam POJK
                                                            dalam situs web perusahaan             No. 32/POJK.04/2014 tentang Rencana dan
                                                            terbuka paling sedikit selama 1        Penyelenggaraan Rapat Umum Pemegang Saham
                                                            (satu) tahun.                          Perusahaan Terbuka, Ringkasan Risalah RUPS
                                                                                                   Perseroan tersedia dalam situs web Perseroan,
                                                                                                   dalam bahasa Indonesia dan bahasa Inggris,
                                                                                                   selama 2 tahun terakhir. Informasi ini bisa
                                                                                                   diakses di https://www.erajaya.com/general-
                                                                                                   meetings.

                                                                                                   Selain di situs web Perseroan, ringkasan risalah
                                                                                                   RUPS juga dipublikasikan melalui 1 surat kabar
                                                                                                   harian berbahasa Indonesia berperedaran
                                                                                                   nasional, dan di situs web Bursa Efek Indonesia
                                                                                                   (BEI).
                                                       1.3. GMS minutes available on the           To comply with the provisions specified in OJK
                                                            website of a public company for at     Regulation No. 32/POJK.04/2014 concerning
                                                            least 1 (one) year.                    Planning and Implementing GMS of Public
                                                                                                   Companies, minutes of GMS is available at
                                                                                                   Company’s website, both in Indonesian and
                                                                                                   English versions. This link is at https://www.
                                                                                                   erajaya.com/general-meetings.

                                                                                                   Besides the Company’s website, the minutes
                                                                                                   of GMS is also published in 1 Indonesian daily
                                                                                                   newspaper with national coverage and on the
                                                                                                   website of the Indonesia Stock Exchange (IDX).
                                Prinsip 2:             2.1. Perusahaan terbuka memiliki suatu      Perseroan telah mempunyai kebijakan
                                Meningkatkan                kebijakan komunikasi dengan            komunikasi dengan pemegang saham dan
                                kualitas komunikasi         pemegang saham atau investor.          investor. Sekretaris Perusahaan dan Investor
                                perusahaan terbuka                                                 Relations membina hubungan dan komunikasi
                                dengan pemegang                                                    dengan pemegang saham dan investor.
                                saham atau investor.                                               Komunikasi itu antara lain melalui RUPS, paparan
                                                                                                   publik, situs web Perseroan, siaran pers, laporan
                                                                                                   tahunan, e-mail, pertemuan langsung maupun
                                                                                                   komunikasi melalui telepon.
                                2nd Principles:        2.1. Public company has                     The Company has established a communication
                                Enhancing quality           communications policy concerning       policy with the shareholders and investors. The
                                of communications           its interaction with shareholders or   Corporate Secretary and Investor Relations
                                between the public          investors.                             are in charge of maintaining the relationship
                                companies with                                                     and communications with the shareholders
                                shareholders or                                                    or investors. The Communications are made
                                investors.                                                         through GMS, public expose, website, press
                                                                                                   releases, annual report, e-mail, meetings as well
                                                                                                   as telephone calls.
                                                       2.2. Perusahaan terbuka                     Kebijakan komunikasi dengan pemegang saham
                                                            mengungkapkan kebijakan                dan investor telah diungkapkan dalam situs web
                                                            komunikasi perusahaan terbuka          Perseroan di https://www.erajaya.com/
                                                            dengan pemegang saham atau             corporate-governances.
                                                            investor dalam situs web.
                                                       2.2. Public company discloses its           The communication policy with the shareholders
                                                            communications policy with             and investors is disclosed in the Company’s
                                                            shareholders or investors via          website at https://www.erajaya.com/
                                                            website.                               Corporategovernances.
      B. Fungsi dan peran       Prinsip 3:             3.1. Penentuan jumlah anggota Dewan         Penentuan jumlah anggota Dewan Komisaris
         Dewan Komisaris.       Memperkuat                  Komisaris mempertimbangkan             Perseroan telah mempertimbangkan kondisi
                                keanggotaan dan             kondisi perusahaan terbuka.            dan kapasitas Perseroan, ketentuan di Peraturan
                                komposisi Dewan                                                    OJK No. 33/POJK.04/2014 tentang Direksi dan
                                Komisaris.                                                         Dewan Komisaris Emiten atau Perusahaan Publik,
                                                                                                   peraturan terkait lainnya termasuk Peraturan
                                                                                                   Bursa Efek Indonesia, Anggaran Dasar Perseroan
                                                                                                   serta Pedoman Kerja Dewan Komisaris.
      B. Function and role of   3rd Principle:         3.1. The determination of number of         The composition of the Board of Commissioners
         the BoC                Strengthen the BoC          the BoC members considers the          has been determined according to the Company’s
                                membership and              condition of public company.           condition and capacity, provisions specified in
                                composition.                                                       OJK Regulation No. 33/POJK.04/2014 concerning
                                                                                                   the Board of Directors and the Board of
                                                                                                   Commissioners of Issuers or Public Companies,
                                                                                                   as well as other related regulations, including
                                                                                                   IDX Regulations, the Company’s Articles of
                                                                                                   Association, and the Board of Commissioners’
                                                                                                   Charter.




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                                                                                                              Corporate Governance




       Aspek                  Prinsip                      Rekomendasi                                      Pelaksanaan
       Aspects               Principles                  Recommendations                                  Implementations
                                              3.2. Penentuan komposisi anggota           Perseroan memiliki anggota Dewan Komisaris
                                                   Dewan Komisaris memperhatikan         dengan beragam pengalaman dan keahlian
                                                   keberagaman keahlian,                 sebagaimana tercantum dalam profil dan tabel
                                                   pengetahuan dan pengalaman            keberagaman komposisi Dewan Komisaris pada
                                                   yang dibutuhkan.                      Laporan Tahunan Perseroan.
                                              3.2. The BOC composition considers         Members of the Company’s Board of
                                                   diversity of skills and knowledge.    Commissioners possess diverse experiences
                                                                                         and expertise, as seen in the BOC profile and
                                                                                         composition in the Company’s Annual Report.
                      Prinsip 4:              4.1. Dewan Komisaris mempunyai             Pelaksanaan Penilaian Kinerja Dewan Komisaris
                      Meningkatkan kualitas        kebijakan penilaian sendiri (self     secara kolegial
                      pelaksanaan tugas dan        assessment) untuk menilai kinerja     dilakukan secara self-assessment oleh masing-
                      tanggung jawab Dewan         Dewan Komisaris.                      masing anggota
                      Komisaris.                                                         Dewan Komisaris setiap tahun.
                      4th Principle:          4.1. The BOC has self-assessment           The Performance of the BOC is evaluated through
                      Enhance the quality          policy to measure the board’s         a peer and self-assessment by each member of
                      of the BoC duties            performance.                          the BOC every year.
                      and responsibilities
                      performance.
                                              4.2. Kebijakan penilaian sendiri (self     Perseroan telah mengungkapkan kebijakan
                                                   assessment) untuk menilai kinerja     penilaian sendiri (self-assessment) untuk menilai
                                                   Dewan Komisaris, diungkapan           kinerja Dewan Komisaris dalam Laporan Tahunan
                                                   melalui laporan tahunan               Perseroan.
                                                   perusahaan terbuka.


                                              4.2. Self-assessment policy to appraise    The Company has disclosed selfassessment
                                                   the BOC performance is disclosed      policy to evaluate the BOC performance in the
                                                   in the annual report of a public      Company’s Annual Report.
                                                   company.
                                              4.3. Dewan Komisaris mempunyai             Pasal 18 ayat 16 Anggaran Dasar Perseroan
                                                   kebijakan terkait pengunduran diri    mengatur mengenai pengunduran diri anggota
                                                   anggota Dewan Komisaris apabila       Dewan Komisaris.
                                                   terlibat dalam kejahatan keuangan.
                                              4.3. The BOC has the policy concerning     Article 18 point 16 of the Company’s Articles of
                                                   members’ resignation in the event     Association regulates the resignation of members
                                                   that a member is involved in          of the BOC in such case.
                                                   financial crimes.
                                              4.4. Dewan Komisaris atau Komite yang      Kebijakan suksesi anggota Direksi digunakan
                                                   menjalankan fungsi nominasi dan       untuk menjaga kesinambungan kepemimpinan di
                                                   remunerasi menyusun kebijakan         masa mendatang. Pelaksanaan suksesi dilakukan
                                                   suksesi dalam proses nominasi         melalui identifikasi terhadap pejabat-pejabat
                                                   anggota Direksi.                      eksekutif yang memiliki potensi yang dijalankan
                                                                                         melalui proses talent management. Calon
                                                                                         yang potensial akan diajukan melalui Dewan
                                                                                         Komisaris.
                                              4.4. The BOC or committee that             The Succession Policy of members of the BOD is
                                                   exercises the nomination and          employed as a strategy in ensuring succession
                                                   remuneration function develop         of leadership in the future. The succession
                                                   succession policy in the process of   process is carried out by identifying the potential
                                                   the member of BOD nomination.         executives through the talent management
                                                                                         process. The potential candidates are then
                                                                                         proposed through the BOC.
C. Fungsi dan peran   Prinsip 5:              5.1. Penentuan jumlah anggota              Penentuan jumlah anggota Direksi Perseroan
   Direksi.           Memperkuat                   Direksi mempertimbangkan              telah mempertimbangkan kondisi dan kapasitas
                      keanggotaan dan              kondisi perusahaan terbuka serta      Perseroan, ketentuan di Peraturan OJK No.33/
                      komposisi Direksi.           efektivitas dalam pengambilan         POJK.04/2014 tentang Direksi dan Dewan
                                                   keputusan.                            Komisaris Emiten atau Perusahaan Publik,
                                                                                         peraturan terkait lainnya termasuk Peraturan BEI,
                                                                                         Anggaran Dasar Perseroan dan Pedoman dan
                                                                                         Tata Tertib Kerja Direksi
C. BoD function and   5th Principle:          5.1. In identifying number of the          The composition of the BOD has been
   role.              Strengthen the BoD           directors, public company             determined according to the Company’s
                      membership and               considers its condition and           condition and capacity, provisions specified in
                      composition.                 decision-making effectiveness.        OJK Regulation No. 33/POJK.04/2014 concerning
                                                                                         the Board of Directors and the Board of
                                                                                         Commissioners of Issuers or Public Companies,
                                                                                         as well as other related regulations including IDX
                                                                                         Regulation, the Company’s Articles of Association
                                                                                         and the Board of Directors’ Charter.




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            Aspek                 Prinsip                      Rekomendasi                                     Pelaksanaan
            Aspects              Principles                  Recommendations                                 Implementations
                                                  5.2. Penentuan komposisi anggota           Perseoran memiliki anggota Direksi dengan
                                                       Direksi memperhatikan,                beragam pengalaman dan keahlian sebagaimana
                                                       keberagaman, keahlian,                tercantum dalam profil Direksi dan tabel
                                                       pengetahuan, dan pengalaman           keberagaman komposisi Direksi pada Laporan
                                                       yang dibutuhkan.                      Tahunan Perseroan.
                                                  5.2. The BoD composition reflects          Members of the Company’s BOD possess diverse
                                                       necessary diversity of skills,        experiences and expertise, as seen in the BOD
                                                       knowledge, and experience.            profile and composition in the Company’s Annual
                                                                                             Report.
                                                  5.3. Anggota Direksi yang membawahi        Penetapan anggota Direksi yang membawahi
                                                       bidang akuntansi atau keuangan        bidang akuntansi atau keuangan dilakukan
                                                       memiliki keahlian dan/atau            dengan mempertimbangkan keahlian dan/atau
                                                       pengetahuan di bidang akuntansi.      pengetahuan di bidang akuntansi. Profil anggota
                                                                                             Direksi yang membawahi bidang akuntansi
                                                                                             atau keuangan tertera pada Laporan Tahunan
                                                                                             Perseroan.
                                                  5.3. The member of the BOD                 Determination of the BOD member who
                                                       responsible for accounting or         supervises the Accounting or Finance sector
                                                       finance have relevant expertise and   holds expertise and/or knowledge in Accounting.
                                                       knowledge.                            Profile of the member of BOD who supervises
                                                                                             accounting or finance is presented on the
                                                                                             Company’s annual report.
                          Prinsip 6:              6.1. Direksi mempunyai kebijakan           Kebijakan penilaian sendiri (self-assessment)
                          Meningkatkan kualitas        penilaian sendiri (self assessment)   Direksi merupakan suatu pedoman yang
                          pelaksanaan tugas            untuk menilai kinerja Direksi.        digunakan untuk penilaian kinerja Direksi
                          dan tanggung Jawab                                                 secara kolegial. Self-assessment dilakukan oleh
                          Direksi.                                                           masing-masing anggota Direksi berdasarkan Key
                                                                                             Performance Indicator yang sudah ditetapkan
                                                                                             di awal tahun. Hasil penilaian self-assessment
                                                                                             disampaikan oleh Direktur Utama ke Dewan
                                                                                             Komisaris.
                          6th Principle:          6.1. The BOD has self assessment policy    The BOD self-assessment policy offers guideline
                          Enhance the quality          to measure BOD performance.           to carry out peer performance evaluation of
                          of the BoD duties                                                  the BOD. The self-assessment is carried out
                          and responsibilities                                               by each member of the BOD based on a set
                          performance.                                                       of Key Performance Indicators that have been
                                                                                             established at the beginning of the year. The
                                                                                             self-assessment results are submitted by the
                                                                                             President Director to the BOC.
                                                  6.2. Kebijakan penilaian sendiri (self     Perseroan telah mengungkapkan kebijakan
                                                       assessment) untuk menilai kinerja     penilaian sendiri (self assessment) untuk
                                                       Direksi diungkapkan melalui           menilai kinerja Direksi dalam Laporan Tahunan
                                                       laporan tahunan perusahaan            Perseroan.
                                                       terbuka.
                                                  6.2. Self-assessment policy to appraise    The Company has disclosed its selfassessment
                                                       the BOD performance is disclosed      policy to evaluate the performance of the BOD in
                                                       in annual report of the public        its Annual Report.
                                                       company.
                                                  6.3. Direksi mempunyai kebijakan           Anggaran Dasar Perseroan mengatur mengenai
                                                       terkait pengunduran diri anggota      pengunduran diri anggota Direksi, dan Pedoman
                                                       Direksi apabila terlibat dalam        Kerja Direksi mengatur anggota Direksi sewaktu-
                                                       kejahatan keuangan.                   waktu dapat diberhentikan untuk sementara
                                                                                             waktu oleh Dewan Komisaris yang harus
                                                                                             ditindaklanjuti dengan RUPS.
                                                  6.3. The BOD have a policy concerning      Company’s Articles of Association governs the
                                                       member resignation in the event       resignation of members of the BOD and the
                                                       that a member is involved in          Board of Directors Charter govern members
                                                       financial crimes.                     of the BOD at any time can be temporarily
                                                                                             dismissed by the BOC which must be followed up
                                                                                             by GMS.




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                                                                                                          Tata Kelola Perusahaan
                                                                                                          Corporate Governance




       Aspek              Prinsip                       Rekomendasi                                     Pelaksanaan
       Aspects           Principles                   Recommendations                                 Implementations
D. Partisipasi     Prinsip 7:             7.1. Perusahaan terbuka memiliki           Dalam Kode Etik Perseroan, terdapat larangan
   pemangku        Meningkatkan                kebijakan untuk mencegah              insider trading yang melarang Dewan Komisaris,
   kepentingan.    aspek tata kelola           terjadinya insider trading.           Direksi, dan karyawan serta pihak-pihak yang
                   perusahaan melalui                                                memiliki hubungan erat dengan mereka untuk
                   partisipasi pemangku                                              melakukan perdagangan saham atau efek lain
                   kepentingan.                                                      berdasarkan informasi dari dalam Perseroan
                                                                                     yang belum dipublikasikan.
D. Stakeholders’   7th Principle:         7.1. Public company has in place the       The Code of Conduct already stipulates
   participation   Enhance corporate           policy to prevent insider tradings.   provisions on insider trading that specifically
                   governance through                                                prohibit the BOC, the BOD, and employees as
                   stakeholders’                                                     well as other affiliated parties to trade stock or
                   participation.                                                    other securities based on the Company’s internal
                                                                                     information that has not been publicly disclosed.
                                          7.2. Perusahaan terbuka memiliki           Perseroan telah memiliki kebijakan Antikorupsi
                                               kebijakan antikorupsi dan anti-       yang diungkapkan dalam Pedoman Perilaku
                                               fraud.                                Perseroan.
                                          7.2. Public company has in place the       The Company has an Anti-Corruption Policy that
                                               anti-corruption and anti-fraud        is disclosed in the Company’s Code of Conducts.
                                               policies.
                                          7.3. Perusahaan terbuka memiliki           Perseroan memiliki dan menerapkan kebijakan
                                               kebijakan tentang seleksi dan         Proses Pengadaan Barang dan Jasa serta
                                               peningkatan kemampuan pemasok         proses seleksi dan peningkatan kompetensi
                                               atau vendor.                          para pemasok seperti tertuang dalam Standard
                                                                                     Operating Procedure (SOP). Seleksi
                                                                                     pemasok tersebut meliputi penilaian
                                                                                     kemampuan, keuangan, legalitas perusahaan,
                                                                                     kualitas produk barang/ jasa yang dihasilkan,
                                                                                     ketepatan proses delivery, dan rekam jejak
                                                                                     pemasok.
                                          7.3. Public company has in place the       The Company has established and implemented
                                               policy on suppliers or vendors        a Product and Service Procurement policy as
                                               selection and capability.             well as a supplier selection and competency
                                                                                     development policy as disclosed in the Standard
                                                                                     Operating Procedure (SOP). The vendor selection
                                                                                     process includes assessment on the supplier’s
                                                                                     capability, finance, legality, quality of produced
                                                                                     goods/ services, on-time delivery process and
                                                                                     track record.
                                          7.4. Perusahaan terbuka memiliki           Perseroan menjaga hubungan baik yang saling
                                               kebijakan untuk pemenuhan hak-        menguntungkan dengan kreditur. Perseroan
                                               hak kreditur.                         selalu berupaya untuk memenuhi hak-hak
                                                                                     kreditur seperti yang tertuang dalam Perjanjian
                                                                                     Kerja Sama, di antaranya Perseroan memastikan
                                                                                     bahwa seluruh persyaratan dalam perjanjian
                                                                                     pinjaman terpenuhi, sehingga kepercayaan
                                                                                     kreditur terhadap perseroan tetap terjaga
                                                                                     dengan baik.
                                          7.4. Public company has in place           The Company maintains a good and mutually
                                               the policy to fulfill the rights of   beneficially relationship with its creditors.
                                               creditors.                            The Company strives to fulfill the rights of the
                                                                                     creditors as disclosed in the Contract/MoU,
                                                                                     including by ensuring that all loan requirements
                                                                                     are fulfilled, in order to maintain trust from the
                                                                                     creditor.
                                          7.5. Perusahaan terbuka memiliki           Perseroan memiliki kebijakan Sistem
                                               kebijakan Sistem Whistleblowing.      Whistleblowing yang diungkapkan di dalam
                                                                                     Laporan Tahunan.
                                          7.5. Public company has in place the       The Company has a Whistleblowing System Policy
                                               Whistleblowing System Policy.         as disclosed in the Company’s Annual Report.
                                          7.6. Perusahaan terbuka memiliki           Perseroan memiliki insentif bagi Manajemen dan
                                               kebijakan pemberian insentif          karyawan dalam Program Kepemilikan Saham
                                               jangka panjang kepada Direksi dan     Manajemen dan Karyawan.
                                               karyawan.
                                          7.6. Public company has in place the       The Company offers an incentive to the
                                               policy of longterm incentives for     Management and employees through
                                               the directors and employees.          Management and Employee Stock Option
                                                                                     Program.




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      Tata Kelola Perusahaan
        Corporate Governance




             Aspek               Prinsip                        Rekomendasi                                     Pelaksanaan
             Aspects            Principles                    Recommendations                                 Implementations
      E. Keterbukaan      Prinsip 8:               8.1. Perusahaan terbuka                     Selain situs web, Perseroan juga memanfaatkan
         informasi.       Meningkatkan                  memanfaatkan penggunaan                teknologi informasi secara lebih luas dalam
                          pelaksanaan                   teknologi informasi secara lebih       penyebaran informasi, termasuk situs web Bursa
                          keterbukaan informasi.        luas selain situs web sebagai media    Efek Indonesia, dan media sosial.
                                                        keterbukaan informasi.
      E. Information      8th Principle:           8.1. Public company utilises range of       In addition to its official website, the Company
         tranparency.     Enhance information           information technology platforms       also makes a broader use of information
                          disclosure                    other than website as channels of      technology to expand the information
                          implementation.               information disclosure.                dissemination, including through IDX website and
                                                                                               the social media.
                                                   8.2. Laporan tahunan perusahaan             Perseroan telah mengungkapkan informasi
                                                        terbuka mengungkapkan pemilik          mengenai pemegang saham yang memiliki 5%
                                                        manfaat akhir dalam kepemilikan        (lima persen) atau lebih kepemilikan saham
                                                        saham perusahaan terbuka paling        Perseroan di Laporan Tahunan dan situs
                                                        sedikit 5% (lima persen), selain       web Perseroan. Selain itu, Perseroan juga
                                                        pengungkapan pemilik manfaat           menyampaikan Laporan Registrasi Pemegang
                                                        akhir dalam kepemilikan saham          Efek mengenai kepemilikan saham Perseroan
                                                        perusahaan terbuka melalui             setiap bulan melalui SPE OJK dan IDXnet.
                                                        pemegang saham utama dan
                                                        pengendali.
                                                   8.2. Annual report of public company        The Company has disclosed information on its
                                                        discloses the ultimate beneficiaries   shareholders with 5% or more ownership in the
                                                        of at least 5% shareholding in         Company in the Company’s Annual Report and
                                                        the public company, in addition        website. In addition, the Company also submits
                                                        to the disclosures of ultimate         the Securities Holders Registration Report
                                                        beneficiaries of shareholding in a     concerning the shares ownership of the Company
                                                        public company through majority        every month through SPE OJK and IDXnet.
                                                        and controlling shareholders.




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                                                      Tata Kelola Perusahaan
                                                      Corporate Governance




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        N G G U N G JAWA B
     TA          AHAAN
     SOSIAL PERUS
     Social & Environmental Responsibility




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      Tanggung Jawab Sosial Perusahaan
        Social & Environmental Responsibility




  Laporan Keberlanjutan
  SUSTAINABILITY REPORT




             Informasi di bagian tanggung jawab sosial perusahaan (“CSR”)
             ini merupakan Laporan Keberlanjutan sebagaimana diatur dalam
             POJK 51/2017. Di tengah meningkatnya kesadaran global terhadap
             pentingnya pembangunan berkelanjutan, PT Erajaya Swasembada Tbk
             (“Erajaya” atau “kami”) memandang CSR bukan sekadar kewajiban,
             melainkan sebagai bagian integral dari komitmen terhadap prinsip
             Environmental, Social, and Governance (selanjutnya disebut “ESG”).
             Melalui berbagai inisiatif CSR, Erajaya berupaya menciptakan dampak
             positif yang nyata bagi lingkungan, memberdayakan masyarakat
             secara berkelanjutan, serta menerapkan tata kelola yang transparan
             dan bertanggung jawab. Pendekatan ini menjadi landasan dalam
             membangun bisnis yang tidak hanya tumbuh secara finansial, tetapi
             juga memberikan kontribusi jangka panjang bagi masa depan yang
             lebih inklusif dan berkelanjutan. Laporan ini juga menyajikan infromasi
             terkait kontribusi Erajaya terhadap pencapaian Tujuan Pembangunan
             Berkelanjutan (SDG).

             The information presented in this Corporate Social Responsibility (“CSR”) section constitutes the Sustainability
             Report as stipulated in POJK 51/2017. Amid growing global awareness of the importance of sustainable
             development, PT Erajaya Swasembada Tbk (“Erajaya” or “we”) views CSR not merely as a compliance obligation,
             but as an integral part of our commitment to Environmental, Social, and Governance (hereinafter referred to
             as “ESG”) principles. Through various CSR initiatives, Erajaya strives to create tangible positive impacts on the
             environment, empower communities sustainably, and implement transparent and accountable governance
             practices. This approach serves as the foundation for building a business that not only grows financially but also
             contributes to a more inclusive and sustainable future. This report also outlines Erajaya’s contributions to the
             achievement of the Sustainable Development Goals (SDGs).




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                                                                                                    Tanggung Jawab Sosial Perusahaan
                                                                                                    Social & Environmental Responsibility




Ikhtisar Kinerja Keberlanjutan
SUSTAINABILITY PERFORMANCE HIGHLIGHTS


“Erajaya telah memulai langkah nyata dalam mengintegrasikan
prinsip ESG ke dalam strategi dan praktik bisnisnya.
Komitmen ini tidak hanya berfokus pada kepatuhan terhadap
regulasi, tetapi juga mendorong terciptanya dampak positif
bagi lingkungan dan sosial secara berkelanjutan. ESG kini
menjadi bagian yang tidak terpisahkan dari operasional kami,
mencerminkan tanggung jawab Erajaya dalam merespons
ekspektasi pemangku kepentingan serta sebagai wujud
kontribusi terhadap pengembangan praktik bisnis yang
beretika dan berwawasan masa depan. Dengan visi menjadi
pelaku “Green Retail Operation,” Erajaya menargetkan
pemenuhan standar pelaporan berkelanjutan nasional dan
internasional, sekaligus mempertahankan posisinya sebagai
bagian dari IDX ESG Leaders di Indonesia.”

“Erajaya has taken concrete steps to integrate ESG principles into its business
strategy and operations. This commitment goes beyond regulatory compliance,
aiming to create a lasting positive impact on both the environment and society. ESG
has become an integral part of our operations, reflecting Erajaya’s responsibility in
responding to stakeholder expectations and contributing to the development of
ethical and forward-looking business practices. With a vision to become a “Green
Retail Operation,” Erajaya is committed to meeting both national and international
sustainability reporting standards while maintaining its position as one of the IDX ESG
Leaders in Indonesia.”




                                                                                      ESG
                                NILAI ESG ERAJAYA                                     Risk Rating


                                                                                      14.7
                                Erajaya ESG Rating
                                                                                                                Low         CORE
                                                                                                                Risk

                 Negligible                      Low                       Medium                High                     Severe

                    0-10                       10-20                        20-30               30-40                     40-50

         Nilai ESG merupakan ukuran eksposur perusahaan terhadap risiko ESG yang material dan seberapa baik perusahaan mengelola
         risiko tersebut. Nilai ESG dikelompokkan menjadi 5 kategori yaitu Negligible, Low, Medium, High, Severe. Bursa Efek Indonesia
         (BEI) bekerja sama dengan Morningstar Sustainalytics, lembaga terkemuka yang bergerak dalam penelitian ESG dan tata kelola
         perusahaan, untuk melakukan penilaian Risiko dan Kontroversi ESG Sustainalytics IDX sebagai komitmen untuk mendorong
         investasi berkelanjutan jangka panjang dan peningkatan praktik ESG di pasar modal Indonesia.

         The ESG rating reflects a company’s exposure to material ESG risks and how effectively those risks are managed. ESG scores are
         classified into five categories: Negligible, Low, Medium, High, and Severe. The Indonesia Stock Exchange (IDX) collaborates with
         Morningstar Sustainalytics, a leading global provider of ESG and corporate governance research, to assess ESG Risk and Controversy
         ratings under the Sustainalytics IDX framework. This initiative is part of IDX’s commitment to promoting long-term sustainable
         investment and advancing ESG practices in Indonesia’s capital market.


https://www.sustainalytics.com/esg-rating/pt-erajaya-swasembada-tbk/1084828606




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      Tanggung Jawab Sosial Perusahaan
        Social & Environmental Responsibility




                         KINERJA EKONOMI [POJK B.1]
                         Economic Performance



                                                                                        Kami terus berupaya
                                                                                        meningkatkan kualitas layanan
                                                                                        dengan menghadirkan
                                                                                        epengalaman berbelanja yang
                                                                                        berfokus pada kenyamanan dan
                                                                                        kepuasan konsumen.
                                                                                        We continuously strive to enhance service quality
                                                                                        by delivering a shopping experience that prioritizes
                                                                                        customer comfort and satisfaction.




                                                                                                                       Dalam Rp miliar | In billions of Rp


                       Uraian                   2024                    2023                   2022                      Description

      Penjualan Neto                             65.279,68               60.139,41               49.471,48                                   Net Sales
      Laba Bruto                                  7.275,73                6.447,77                5.361,54                                Gross profit
      Laba Tahun Berjalan                         1.119,49                     856,86             1.076,56                      Income for the Year
      Jumlah Aset                                21.774,39               20.447,45               17.058,21                                Total Assets
      Jumlah Kewajiban                           12.717,00               12.316,68                9.855,36                            Total Liabilities




                         Penjualan Neto
                         Net Sales




                         65,28
                                                                               Penjualan neto tahun 2024 naik 8,5%
           Rp                                                                  dibandingkan tahun 2023.
                                                                               Net sales in 2024 increased
                                                   Triliun | Trillion          by 8.5% compared to 2023.




                                                            Dengan jaringan yang semakin luas, mencapai
                                                            2.194 gerai yang tersebar di Indonesia, Malaysia,
                                                            dan Singapura, didukung oleh lebih dari 80 pusat
                                                            distribusi milik Perseroan dengan jaringan distribusi
                                                            ke lebih dari 54.000 gerai ritel pihak ketiga di
                                                            Indonesia, Erajaya berkomitmen untuk memberikan
                                                            produk dan jasa yang setara kepada konsumennya.

                                                            With an expanding network comprising 2,194 stores across Indonesia,
                                                            Malaysia, and Singapore, supported by more than 80 company-
                                                            owned distribution centers and a distribution network reaching over
                                                            54,000 third-party retail outlets in Indonesia, Erajaya is committed
                                                            to delivering equal access to quality products and services for all its
                                                            consumers.




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                                                                                                                          Social & Environmental Responsibility




                          KINERJA LINGKUNGAN [POJK B.2]
                          Environmental Performance




                                                                                                         Kami berkomitmen untuk
                                                                                                         meminimalkan dampak lingkungan
                                                                                                         dari operasi kami dengan
                                                                                                         mendorong efisiensi penggunaan
                                                                                                         energi, air, dan material sebagai
                                                                                                         bagian dari komitmen kami yang
                                                                                                         lebih luas terhadap keberlanjutan
                                                                                                         dan pengelolaan lingkungan
                                                                                                         jangka panjang.
                                                                                                         We are committed to minimizing the environmental
                                                                                                         impact of our operations by promoting the efficient
                                                                                                         use of energy, water, and materials as part of our
                                                                                                         broader commitment to sustainability and long-term
                                                                                                         environmental stewardship.”




                                                       Satuan
                    Deskripsi                                                2024                2023                 2022                          Description
                                                        Unit

     Penggunaan energi listrik                           Kwh             46.700.981*)         1.468.572            1.377.476                                 Electricity usage
                                                     Gigajoules            168.124               5.287                4.959
     Penggunaan air                                 meter kubik           159.483*)             25.519               20.376                                       Water usage
                                                    meter cubic
     Penggunaan kertas                                   rim                 683                  644                 2.204                                       Paper usage
                                                        ream
     Pemakaian BBM (bensin)                              liter              4.650                5.400                1.484                   Fuel Consumption (gasoline)
*)
      Mulai tahun pelaporan 2024, Erajaya memperluas cakupan data energi meliputi bisnis vertikal Erajaya Digital (ED), Erajaya Plaza (EP), Gedong Panjang (GP), Perwata, Citicon,
      Hayam Wuruk (HW), Astha D8, Erajaya Beauty and Wellness (EBW), dan Erajaya Food and Nourishment (EFN) sehingga data tahun 2024 tidak bisa diperbandingkan dengan
      data tahun-tahun sebelumnya.
      Starting from the reporting year 2024, Erajaya is expanding the scope of energy data to include the vertical businesses of Erajaya Digital (ED), Erajaya Plaza (EP), Gedong
      Panjang (GP), Perwata, Citicon, Hayam Wuruk (HW), Astha D8, Erajaya Beauty and Wellness (EBW), and Erajaya Food and Nourishment (EFN) so that the 2024 data cannot
      be compared with data from previous years.




                     Konsumsi Listrik                                            Konsumsi listrik tahun 2024 meliputi Erajaya
                     Electricity consumption                                     Plaza, Gedong Panjang (Kantor ERAL), Erajaya
                                                                                 Digital (Erafone, Nasa, DCM), Erajaya Food &


     168.124
                                                                                 Nourishment (Paris Baguette), dan Erajaya
                                                                                 Beauty & Wellingness (Wellings) sehingga
                                                                                 tidak dapat diperbandingkan dengan tahun
                                                  Gigajoule | Gjoule
                                                                                 sebelumnya.
                                                                                 Electricity consumption in 2024 includes Erajaya Plaza, Gedong Panjang
                                                                                 (ERAL Office), Erajaya Digital (Erafone, Nasa, DCM), Erajaya Food &
                                                                                 Nourishment (Paris Baguette), and Erajaya Beauty & Wellness (Wellings),
                                                                                 making it non-comparable with the previous year.




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      Tanggung Jawab Sosial Perusahaan
        Social & Environmental Responsibility




                        KINERJA SOSIAL [POJK B.3]
                        Economic Performance



                                                                                 “Dengan keyakinan bahwa
                                                                                 pemberdayaan masyarakat adalah
                                                                                 fondasi penting bagi pembangunan
                                                                                 berkelanjutan, kami merancang dan
                                                                                 mengelola program-program ini secara
                                                                                 terarah, strategis, dan tepat sasaran.
                                                                                 Kami percaya bahwa ketika dijalankan
                                                                                 dengan baik, inisiatif pemberdayaan
                                                                                 tidak hanya memberikan manfaat
                                                                                 jangka pendek, tetapi juga menciptakan
                                                                                 dampak berkelanjutan dan efek berlipat
                                                                                 bagi peningkatan kesejahteraan
                                                                                 masyarakat secara luas.”

                                                                                 “Believing that community empowerment is a vital
                                                                                 pillar of sustainable development, we design and
                                                                                 implement our programs in a strategic, well-targeted,
                                                                                 and purposeful manner. We are confident that, when
                                                                                 properly executed, these initiatives not only generate
                                                                                 short-term benefits but also deliver lasting impact.”




                                          Satuan
                 Deskripsi                              2024             2023            2022                    Description
                                           Unit

      Jumlah karyawan                     Orang        6.131             5.675           5.076                     Number of employees
                                          Person

      Jumlah karyawan perempuan           Orang        2.006             2.151           1.631             Number of female employees
                                          Person
      Penyaluran dana CSR                 Orang        687,53        839,40              469,50                 Distribution of CSR funds
                                          Person




                 Jumlah Modul Pelatihan                                              Jumlah Peserta
                 Tahun 2024                                                          Pelatihan Tahun 2024
                 The Total Training Modul in 2024                                    The Total Training Participant in 2024




  1.718                            Modul | Modul                   13.933                                      Peserta | Participant


  Jumlah modul pelatihan tahun 2024 ,                              Jumlah peserta pelatihan tahun 2024,
  meningkat dibandingkan 1.390 modul pada                          meningkat dibandingkan 11.881 peserta pada
  tahun 2023.                                                      tahun 2023.

  The total training modul in 2024, increased from 1,390           The total training participant in 2024, increased from
  moduls in 2023.                                                  11,881 participants in 2023.




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                                                                                    Tanggung Jawab Sosial Perusahaan
                                                                                    Social & Environmental Responsibility




Tentang Laporan Ini
ABOUT THIS REPORT




Laporan Keberlanjutan ini diterbitkan untuk memenuhi           This Sustainability Report is published to comply with the
ketentuan Surat Edaran Otoritas Jasa Keuangan Nomor 16/        provisions of the Financial Services Authority Circular Letter
SEOJK.04/2021 (SEOJK 16/2021) dan disusun berpedoman pada      No. 16/SEOJK.04/2021 (SEOJK 16/2021), which has been
Peraturan Otoritas Jasa Keuangan Nomor 51/POJK.03/2017         prepared based on the Financial Services Authority Regulation
(POJK 51/2017).                                                No. 51/POJK.03/2017 (POJK 51/2017).


Karena Laporan ini disajikan dalam satu kesatuan dengan        Since this Report is published as an inseparable part of the
buku Laporan Tahunan, maka pengungkapan informasi              Company’s Annual Report, we do not disclose the information
yang disyaratkan dalam POJK 51/2017 tetapi sudah tersedia      that is required in POJK 51/2017 but already disclosed in the
pada bagian Laporan Tahunan tidak disajikan ulang. Kami        sections of the Annual Report. We attach the POJK 51/2017
melampirkan halaman indeks POJK 51/2017 di bagian akhir        index page at the end of this Report which guides readers
Laporan ini yang mengarahkan dimana informasi tersebut         where to find the referred information in the sections of the
dapat ditemukan di bagian Laporan Tahunan.                     Annual Report.


Topik-topik keberlanjutan yang diangkat dalam laporan          The sustainability topics raised in this report are issues
ini adalah isu-isu yang berpengaruh bagi Erajaya dan para      affecting Erajaya and its stakeholders related to economic,
Pemangku Kepentingan yang terkait dengan aspek ekonomi,        social, and environmental aspects, as well as those of
sosial, dan lingkungan serta menjadi perhatian penting bagi    important concern for stakeholders in decision-making. In
pemangku kepentingan dalam pengambilan keputusan.              addition, we continuously strive to improve our capabilities so
Di samping itu, kami juga terus berupaya meningkatkan          that we can measure the impact of operational activities on the
kapabilitas agar dapat melakukan pengukuran atas dampak        environment and surrounding communities.
kegiatan operasional terhadap lingkungan dan masyarakat
sekitar.


Tidak terdapat perubahan signifikan pada bentuk ataupun        There were no significant changes to the form or scale of
skala bisnis Erajaya pada tahun 2023 dibandingkan tahun        the Erajaya business in 2023 compared to the previous year.
sebelumnya. [POJK C.6]                                         [POJK C.6]




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        Social & Environmental Responsibility




  Kami belum melakukan proses penjaminan oleh pihak                     We have not appointed any external parties for the assurance
  eksternal atas Laporan ini. Untuk menjamin kredibilitas dan           of this report. To ensure the credibility and quality of the
  kualitas informasi yang disampaikan, seluruh isi dan data di          information disclosed here, all contents and data in this
  dalam Laporan ini telah melalui proses verifikasi internal yang       report have been internally verified and approved by Erajaya’s
  disetujui oleh Manajemen Erajaya. [POJK G.1]                          Management. [POJK G.1]


  Seluruh informasi yang disajikan dalam laporan ini merupakan          All information presented in this report represents the
  kinerja keberlanjutan PT Erajaya Swasembada Tbk untuk                 sustainability performance of PT Erajaya Swasembada Tbk for
  periode 1 Januari - 31 Desember 2024.                                 the period of 1 January – 31 December 2024.


  Data dan informasi keuangan bersumber pada Laporan                    Financial data and information are sourced from the
  Keuangan Konsolidasian PT Erajaya Swasembada Tbk dan Entitas          Consolidated Financial Report of PT Erajaya Swasembada
  Anak untuk tahun yang berakhir pada tanggal 31 Desember               Tbk dan Entitas Anak for the year ended 31 December 2024.
  2024. Sedangkan data yang berkaitan dengan aspek sosial               Meanwhile, data relating to social and/or environmental
  dan/atau lingkungan, selain dari aktivitas di lingkungan Kantor       aspects, apart from activities within the Company’s Head Office
  Pusat Perseroan yang beralamat di Erajaya Plaza, Jl. Bandengan        located at Erajaya Plaza, Jl. Bandengan Utara No. 19-20 Pekojan
  Selatan No. 19-20 Pekojan – Tambora, Jakarta Barat, kami juga         – Tambora, West Jakarta, we also report on the progress of
  melaporkan kemajuan program-program berkelanjutan kami di             our sustainable programs in the community development
  bidang pengembangan masyarakat dan pengelolaan lingkungan             and environmental management sectors, which also aim to
  yang juga bertujuan untuk mendukung pencapaian Tujuan                 support the achievement of the Sustainable Development
  Pembangunan Berkelanjutan (SDG).                                      Goals (SDGs).




               Mulai tahun pelaporan 2024, kami memperluas cakupan data energi
               meliputi bisnis vertikal Erajaya Digital (Erafone dan Nasa), Erajaya Beauty
               and Wellness (Wellings), dan Erajaya Food and Nourishment (Paris Baguette)
               sesuai dengan roadmap ESG Erajaya dalam perhitungan karbon.

               Starting from the 2024 reporting year, we have expanded the scope of energy data to include vertical businesses under
               Erajaya Digital (Erafone and Nasa), Erajaya Beauty and Wellness (Wellings), and Erajaya Food and Nourishment (Paris
               Baguette), in line with Erajaya’s ESG roadmap for carbon calculation.




  Kami menyadari sepenuhnya bahwa Laporan Keberlanjutan                 We are fully aware that this Sustainability Report has limitations
  ini memiliki keterbatasan dalam proses penyusunan dan                 in the preparation and presentation processes. Therefore,
  penyajiannya. Oleh karena itu, kami bersikap terbuka atas             we are open to any constructive suggestions/input/feedback
  setiap saran/ masukan/ umpan balik yang membangun, yang               provided by stakeholders and readers for the improvement
  diberikan oleh para Pemangku Kepentingan dan para pembaca             and development of the content for the next reporting period.
  dalam rangka perbaikan serta penyempurnaan isi pelaporan              The stakeholders may fill out the feedback sheet available at
  pada periode mendatang. Para Pemangku Kepentingan dapat               the end of this report. [POJK G.2]
  mengisi lembar umpan balik yang tersedia di bagian akhir dari
  laporan ini. [POJK G.2]


  Selama periode pelaporan 2024, tidak ada umpan balik                  For the 2024 reporting period, no feedback was received
  yang diterima terkait Laporan Keberlanjutan 2023 melalui              on the 2023 Sustainability Report through the dedicated
  saluran umpan balik yang disediakan. Meskipun demikian,               feedback channels. Nevertheless, we remain committed to
  kami tetap berkomitmen untuk terus meningkatkan kualitas              enhancing our reporting by actively identifying opportunities
  pelaporan dengan secara proaktif mengidentifikasi peluang             for improvement and implementing initiatives that align
  perbaikan serta menerapkan inisiatif yang selaras dengan              with stakeholder expectations and industry best practices.
  harapan pemangku kepentingan dan praktik terbaik industri.            [POJK G.3]
  [POJK G.3]




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Strategi Keberlanjutan Erajaya Group                                                                                        [POJK A.1]

SUSTAINABILITY STRATEGY 1




Erajaya memiliki Strategi Keberlanjutan yang yang berisi                            Erajaya established a Sustainability Strategy that encompasses
komitmen keberlanjutan yang dijabarkan dari kebijakan                               sustainability commitments derived from Erajaya’s policies
Erajaya di bidang lingkungan dan sosial yang terintegrasi ke                        in environmental and social fields, integrated into achieving
dalam pencapaian target-target ekonomi dan operasional                              economic and operational targets in a balanced manner, while
secara berimbang serta mendukung upaya pencapaian SDG                               supporting efforts towards achieving Sustainable Development
sebagai berikut:                                                                    Goals (SDGs) as follows:
• Senantiasa menghindari dampak buruk kegiatan                                      • Continuously strive to avoid adverse impacts of operational
    operasional terhadap lingkungan dan masyarakat, dan                                 activities on the environment and society, and at the very
    jika hal ini tidak memungkinkan, meminimalkan dan                                   least, to minimize and mitigate such impacts.
    memitigasi dampak-dampak tersebut,
• Mempromosikan perlakuan yang adil, nondiskriminasi,                               •   Promote fair treatment, non-discrimination, equality,
    kesetaraan, serta keselamatan & kesehatan kerja di seluruh                          as well as occupational health and safety across Erajaya
    lingkungan Grup Erajaya termasuk dalam hubungannya                                  Group’s environment, including external parties engaged
    dengan pihak eksternal yang memiliki hubungan kerja                                 in work relations with Erajaya.
    dengan Erajaya,
• Menghormati hak asasi manusia termasuk hak                                        •   Respect human rights, including labor rights of all
    ketenagakerjaan seluruh karyawan dengan mematuhi                                    employees, by complying with labor laws and adhering
    peraturan perundang-undangan di bidang ketenagakerjaan                              to the fundamental principles of the International Labour
    dan mengacu pada prinsip-prinsip dasar International                                Organization (ILO).
    Labour Organization (ILO),
• Tidak menolerir praktik mempekerjakan anak di bawah                               •   Do not tolerate practices of child labor and forced labor for
    umur dan kerja paksa atas pekerjaan atau layanan apapun                             any work or services that are involuntary or coerced from
    yang bersifat tidak sukarela atau diminta dari seseorang                            individuals under threat of punishment.
    yang berada di bawah ancaman hukuman apapun,
• Mematuhi semua peraturan perundang-undangan yang                                  •   Comply with all applicable laws and regulations, including
    berlaku, termasuk perjanjian internasional yang diratifikasi                        ratified international agreements, in the countries where
    di negara tempat Group Erajaya beroperasi.                                          the Erajaya Group operates.



        Perubahan Iklim & Tanggung
                                                                     Focus on                                 Keselamatan & Kesehatan Kerja

                                                             Sustainability
                                                                                                                Occupational Health & Safety
        Jawab Karbon
        Climate Change & Carbon Responsibility
                                                                                                        Hak Asasi Manusia & Partisipasi Gender
        •   Pelestarian lingkungan
                                                                                                          Human Rights & Gender Participation
            Environmental conversation
        •   Mitigasi jejak karbon
            Carbon footprint mitigation                                                                                                   Pelatihan &
                                                                                                            Pekerja Lokal
        •   Hewan dan tumbuhan langka                                                                                                  Pengembangan
                                                                                                            Local Employee
            Rare animal and vegetation                                                                                               Training & Development


                                                                                                              Penanganan Ketidakpuasan
        Pengelolaan Energi
                                                                                                                  (Internal & Eksternal)
        Energy Management
                                                                                                        Grievancy Management (Internal & External)
        •   Air, bahan bakar fosil, & efisiensi listrik
            Water, fossil fuel, & electricity efficiency
        •   Energi terbarukan
            Renewable energy
                                                                 Pengelolaan Kertas & Plastik           Donasi Sosial & Pengembangan Komunitas
                                                                  Paper & Plastic Management            Social Donation & Community Development
                                                                                                        •    Partisipasi ekonomi lokal
                                                                                                             Local economic participation
                    Pengelolaan Limbah                       Inisiatif Lingkungan Lainnya               •    Partisipasi UMKM dalam rantai pasok
                   (Termasuk Limbah B3)                      Other Environmental Initiative                  MSME participation in supply chain
                      Waste Management                       •    Material ramah lingkungan             •    Kontribusi sosial
                  (Include Hazardous Waste)                       Green Material                             Social contribution



1.
     Diambil dari ESHS Policy | Retreived from ESHS Policy




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  Pengantar dari Direktur Utama                                                      [POJK D.1]

  FOREWORD FROM THE PRESIDENT DIRECTOR




            “Inisiatif Keberlanjutan Erajaya di tahun 2024 menjadi pijakan penting
            dalam membentuk arah pertumbuhan strategis kami di masa depan.”

            “Erajaya’s 2024 sustainability initiatives serve as a cornerstone in shaping our future strategic growth”




  PEMANGKU KEPENTINGAN YANG TERHORMAT,
  Dear Stakeholders,

  Kami sepenuhnya menyadari bahwa keberlanjutan bisnis                We fully recognize that long-term business sustainability
  jangka panjang membutuhkan komitmen mendalam terhadap               requires a deep commitment to Environmental, Social, and
  prinsip Lingkungan, Sosial, dan Tata Kelola (ESG) sebagai           Governance (ESG) principles as a foundation for managing
  landasan untuk mengelola risiko dan menciptakan nilai yang          risks and creating lasting value. For Erajaya, sustainable growth
  berkelanjutan. Bagi Erajaya, pertumbuhan berkelanjutan              is intrinsically linked to how we identify, assess, and manage
  secara intrinsik terkait dengan cara kami mengidentifikasi,         environmental and social risks associated with our operations,
  menilai, dan mengelola risiko lingkungan dan sosial yang            factors that can significantly influence our business trajectory.
  terkait dengan operasi kami, faktor-faktor yang dapat secara
  signifikan memengaruhi lintasan bisnis kami.


  KEBIJAKAN UNTUK MERESPONS TANTANGAN                                 POLICY TO ADDRESS CHALLENGES IN FULFILLING
  DALAM PEMENUHAN STRATEGI KEBERLANJUTAN                              THE SUSTAINABILITY STRATEGY

  Nilai-Nilai Keberlanjutan                                           Sustainability Values
  Selama 28 tahun di industrinya, Erajaya telah bertransformasi       Over the course of 28 years in the industry, Erajaya has
  menjadi perusahaan multibisnis yang mencakup ritel                  transformed into a multi-business company spanning
  elektronik konsumen, gaya hidup aktif, makanan dan                  consumer electronics retail, active lifestyle, food and beverage,
  minuman, hingga solusi kendaraan listrik pintar (Smart EV).         and smart electric vehicle (Smart EV) solutions. We believe
  Kami meyakini, perjalanan panjang ini dapat diraih berkat           this long journey has been made possible by the hard work
  kerja keras dan komitmen yang kuat dari seluruh insan               and strong commitment of all Erajaya personnel in upholding
  Erajaya untuk menerapkan nilai-nilai keberlanjutan yang telah       sustainability values, which have been developed and agreed
  dikembangkan dan disepakati sebagai Nilai-Nilai Inti (Core          upon as the Company’s Core Values: Innovation, Leadership,
  Values) Erajaya, yakni Innovation, Leadership, Excellent Customer   Excellent Customer Service, Agility, and Digital.
  Service, Agility, dan Digital.


  Seiring dengan perkembangan organisasi dan skala usaha,             As the organization and business scale continue to grow, the
  sosialisasi dan internalisasi Core Values dan Pedoman Perilaku      socialization and internalization of Erajaya’s Core Values and
  (Code of Conduct) Erajaya menjadi penting mengingat banyak          Code of Conduct have become increasingly important. This is
  kader pemimpin muda di anak perusahaan dan bergabungnya             particularly relevant with the rise of young leadership within
  perusahaan baru melalui investasi Erajaya sehingga standpoint       subsidiaries and the inclusion of new companies through
  mengenai perusahaan terbuka yang prudent, transparan,               Erajaya’s investments, requiring a consistent corporate stance
  menjunjung tinggi keterbukaan harus senantiasa terjaga.             of prudence, transparency, and openness. For this reason,
  Oleh karena itu, Erajaya secara berkala melakukan sosialisasi       Erajaya regularly conducts internalization efforts through the
  dan internalisasi yang disampaikan melalui portal internal          company’s internal portal and includes these values as part of
  perusahaan dan sebagai materi pada program orientasi                new employee orientation programs.
  karyawan baru.




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Respons Terhadap Isu-Isu Keberlanjutan                            Response to Sustainability Issues
Ekspansi pengembangan usaha Erajaya terutama difokuskan           Erajaya’s business expansion is primarily centered in shopping
di pusat-pusat perbelanjaan sehingga operasional kami tidak       malls, which limits direct interaction with surrounding
bersentuhan langsung dengan masyarakat setempat dan               communities and minimizes environmental disruption.
berdampak pada keseimbangan lingkungan. Namun kami                Nevertheless, we remain committed to responsible and
tidak meninggalkan komitmen untuk menjalankan praktik             sustainable business practices. Erajaya has established
bisnis yang bertanggung jawab dan berkelanjutan. Erajaya          ESG-based sustainability initiatives focusing on four main
telah menetapkan inisiatif keberlanjutan berbasis ESG yang        pillars: education, health and humanitarian missions, the
berfokus pada 4 pilar, yakni pendidikan, kesehatan dan misi       environment, and community empowerment.
kemanusiaan, lingkungan, dan pemberdayaan masyarakat.


Komitmen untuk Menerapkan Inisiatif Keberlanjutan                 Commitment to Implement Sustainability Initiatives
Erajaya memaknai inisiatif berkelanjutan sebagai bagian dari      Erajaya views sustainability initiatives as an integral part
strategi menciptakan nilai jangka panjang. Dalam konteks          of its strategy to create long-term value. In the context
keberlanjutan, Erajaya harus tumbuh dan berkembang dengan         of sustainability, Erajaya must continue to grow and
memanfaatkan peluang bisnis secara tepat, dan pada saat           develop by seizing business opportunities appropriately
yang sama meminimalkan dampak negatif pada lingkungan             while simultaneously minimizing negative impacts on the
dan masyarakat.                                                   environment and society.


Erajaya telah menetapkan Kebijakan Lingkungan, Sosial, dan        Erajaya has established an Environmental, Social, and Health
Kesehatan & Keselamatan ((Environmental, Social, and Health       & Safety (ESHS) Policy that reinforces Erajaya’s commitment
& Safety/ESHS Policy/ESHS) yang memperkuat komitmen               to integrating relevant ESHS aspects into the sustainable
Erajaya untuk mengintegrasikan aspek-aspek ESHS yang              management of the Group’s current and future operations. We
relevan ke dalam pengelolaan berkelanjutan atas operasi           have also adopted an Environmental and Social Management
Grup saat ini dan masa depan. Kami juga telah mengadopsi          System (ESMS) as part of our broader management system.
Sistem Manajemen Lingkungan dan Sosial (Environmental and         This framework supports the assessment, mitigation, and
Social Management System/ESMS) sebagai bagian dari sistem         management of environmental and social risks in accordance
manajemen Erajaya yang mendukung penilaian, mitigasi,             with applicable laws and regulations. The primary objective of
dan pengelolaan lingkungan hidup dan risiko sosial sesuai         the ESMS is to avoid, minimize, or mitigate the negative impacts
dengan peraturan perundang-undangan yang berlaku. Tujuan          of Erajaya’s business activities on the environment and society,
utama ESMS adalah untuk menghindari atau meminimalkan             while also maximizing opportunities to deliver environmental
serta memitigasi dampak negatif dari bisnis Erajaya terhadap      and social benefits.
lingkungan dan masyarakat, serta memaksimalkan peluang
untuk memberi manfaat lingkungan dan sosial.


Sejak tahun 2022, Erajaya secara bertahap mulai                   Since 2022, Erajaya has gradually begun integrating ESG
mengintegrasikan aspek-aspek ESG dalam proses bisnisnya.          aspects into its business processes. We have developed a
Kami telah membuat roadmap hingga tahun 2030 terkait              roadmap through 2030 outlining our commitment to and
komitmen dan implementasi ESG yang tidak hanya terbatas           implementation of ESG, which goes beyond regulatory
pada pemenuhan regulasi, tetapi juga memiliki nilai dan           compliance to create meaningful environmental and social
dampak bagi lingkungan dan sosial.                                impact.


Sebelum menerapkan inisatif keberlanjutan, kami melakukan         Before implementing sustainability initiatives, we take several
beberapa hal, seperti mengidentifikasi pemangku kepentingan       preliminary steps, such as identifying relevant stakeholders,
yang terlibat, mengkaji aliran program untuk melihat              reviewing program flows to ensure alignment with targets,
kesesuaian dengan target, mengidentifikasi dampak sosial dan      assessing potential social and environmental impacts, and
lingkungan yang mungkin timbul, serta pengembangan Green          developing Green Human Capital (GHC), the environmental
Human Capital (GHC), yakni pengetahuan dan keterampilan           knowledge and skills of our employees. We believe that GHC is
karyawan kami yang berkaitan dengan upaya perlindungan            a key factor in supporting Erajaya’s sustainability.
lingkungan. Kami meyakini, GHC merupakan salah satu faktor
yang dapat mendukung keberlanjutan Erajaya.


Tantangan dalam Menerapkan Inisiatif Keberlanjutan                Challenges in Implementing Sustainability Initiatives
Tantangan dari sisi internal adalah pemahaman karyawan            The challenge from the internal side is employee understanding
mengenai isu lingkungan, ekonomi, dan sosial. Oleh karena         of environmental, economic, and social issues. Therefore,
itu Erajaya terus melakukan internalisasi konsep dan praktik      Erajaya continues to internalize the concept and practice
keberlanjutan melalui pelatihan dan sosialisasi kepada seluruh    of sustainability through training and socialization for all
karyawan.                                                         employees.

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  Dari sisi ketersediaan talenta, persaingan dalam merekrut         In terms of talent availability, the competition to recruit top
  talenta terbaik semakin ketat, terutama dengan banyaknya          talent is intensifying, especially as other sectors actively
  sektor lain yang juga aktif dalam rekrutmen. Kami menerapkan      pursue recruitment. We have implemented several strategies
  beberapa strategi untuk memenuhi kebutuhan talenta                to quickly meet its talent needs, including collaboration with
  secara cepat, antara lain melalui kolaborasi dengan institusi     educational institutions, particularly vocational schools, as
  pendidikan, terutama pendidikan vokasi sebagai salah              a talent acquisition channel. Regarding talent development,
  satu strategi channeling untuk merekrut talenta. Dalam hal        given the varied competency requirements across business
  pengembangan talenta, di mana setiap lini vertikal memiliki       verticals, we inaugurated the Erajaya Corporate University in
  kebutuhan kompetensi yang berbeda, pada tahun 2024 kami           2024. This serves as the central hub for employee competency
  meresmikan Corporate University Erajaya yang menjadi sentra       development, offering training and development programs
  pengembangan kompetensi karyawan dan melalui program-             tailored to each business line and aligned with current trends.
  program pelatihan dan pengembangan yang relevan dengan
  tren terkini sesuai kebutuhan setiap lini bisnis.


  Dari perspektif regulasi, setiap bisnis vertikal yang dimiliki    From a regulatory perspective, each of Erajaya’s vertical
  Erajaya memiliki regulasi yang berbeda-beda dan terus             businesses operates under different and evolving regulations,
  berkembang, yang memerlukan penyesuaian dan strategi              requiring continuous adaptation and agile strategies. The
  yang adaptif. Industri gaya hidup membutuhkan pemahaman           lifestyle industry, for example, demands deep understanding
  yang mendalam terkait regulasi produk yang terus diperbarui.      of frequently updated product regulations. Meanwhile, the
  Sementara industri grocery dan makanan harus mematuhi             grocery and food segments must comply with increasingly
  regulasi terkait labelisasi dan kehalalan produk yang semakin     stringent labeling and halal certification requirements, which
  diperhatikan oleh konsumen. Di sisi restoran, regulasi terkait    are gaining more attention from consumers. In the restaurant
  dengan standar kebersihan dan kesehatan juga semakin              business, health and hygiene standards are becoming
  ketat, terutama di tengah meningkatnya perhatian pada             stricter, especially amid growing awareness of sustainability
  keberlanjutan dan praktik ramah lingkungan. Kami merespons        and environmentally friendly practices. We address these
  tantangan tersebut melalui sistem manajemen kepatuhan             challenges through a structured yet flexible compliance
  yang terstruktur dan fleksibel.                                   management system.


  MENERAPKAN PRAKTIK KEBERLANJUTAN                                  IMPLEMENTING SUSTAINABILITY PRACTICES

  Pencapaian Kinerja Keberlanjutan                                  Sustainability Performance Achievements
  Di bidang ekonomi, Stabilnya perekonomian Indonesia               In the economic field, Indonesia’s stable economy throughout
  sepanjang 2024 menjadi momentum bagi Erajaya untuk                2024 created strong momentum for Erajaya to reinforce its
  memperkuat ekspansi dan pertumbuhan bisnis. Tahun ini,            business expansion and growth. This year, Erajaya opened
  Erajaya membuka 278 gerai baru, sehingga total jaringan ritel     278 new retail stores, bringing the total to 2,194 outlets across
  mencapai 2.194 gerai di Indonesia, Malaysia, dan Singapura.       Indonesia, Malaysia, and Singapore. Erajaya recorded net
  Erajaya berhasil membukukan penjualan neto sebesar                sales of Rp65,279.68 billion, an 8.5% increase compared to
  Rp65.279,68 miliar, tumbuh 8,5% dibandingkan Rp60.139,41          Rp60,139.41 billion in 2023. In line with the rise in net sales,
  pada tahun 2023. Sejalan dengan peningkatan penjualan             the Company achieved a net profit of Rp1,119.49 billion, an
  neto, Perseroan memperoleh laba tahun berjalan sebesar            increase of 30.6% compared to Rp856.86 billion in 2023.
  Rp1.119,49 miliar, naik 30,6% dibandingkan Rp856,86 miliar
  pada tahun 2023.


  Di bidang lingkungan, mulai tahun pelaporan 2024, kami            In the environmental aspect, starting from the 2024 reporting
  memperluas cakupan data energi meliputi bisnis vertikal           year, we have expanded the scope of energy data to include
  Erajaya Digital (Erafone dan Nasa), Erajaya Beauty and Wellness   the vertical businesses of Erajaya Digital (Erafone and Nasa),
  (Wellings), dan Erajaya Food and Nourishment (Paris Baguette)     Erajaya Beauty and Wellness (Wellings), and Erajaya Food
  sesuai dengan roadmap ESG Erajaya dalam perhitungan               and Nourishment (Paris Baguette), in line with Erajaya’s ESG
  karbon. Dengan demikian kami dapat meningkatkan kualitas          roadmap for carbon calculation. This allows us to improve the
  akurasi pelaporan, namun sejumlah data lingkungan tidak           quality and accuracy of reporting, but some environmental
  dapat diperbandingkan dengan tahun-tahun sebelumnya.              data cannot be compared with previous years.


  Jumlah konsumsi energi tahun 2024 sebesar 162.265 gigajoule       Total energy consumption in 2024 amounted to 162,265
  (GJ) yang meliputi konsumsi listrik pada Erajaya Plaza, Gedong    gigajoules (GJ), covering electricity usage at Erajaya Plaza,
  Panjang (Kantor ERAL), serta gerai-gerai Erajaya Digital          Gedong Panjang (ERAL Office), and the retail stores of Erajaya
  (Erafone, Nasa, DCM), Erajaya Food & Nourishment (Paris           Digital (Erafone, Nasa, DCM), Erajaya Food & Nourishment
  Baguette), dan Erajaya Beauty & Wellingness (Wellings).           (Paris Baguette), and Erajaya Beauty & Wellness (Wellings). The



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Nilai intensitas energi yang menunjukkan pemakaian energi         energy intensity, which reflects energy use relative to Erajaya’s
terhadap aktivitas operasional penjualan Erajaya tahun 2024       operational sales activities in 2024, was 2,486 GJ per billion
sebesar 2.486 GJ per miliar rupiah.                               rupiah.


Setelah menyelesaikan Program Wana Erajaya tahap pertama          After completing the first phase of the Wana Erajaya Program
(2018–2023) di Kabupaten Bogor, Jawa Barat, Erajaya               (2018–2023) in Bogor Regency, West Java, Erajaya continues its
melanjutkan komitmen terhadap konservasi lingkungan               commitment to environmental conservation and community
dan pemberdayaan masyarakat melalui Program Wana                  empowerment through the Wana Erajaya 2 Program. This
Erajaya 2. Program ini dimulai pada September 2024 dan            program, which began in September 2024, is focused on the
difokuskan di Kawasan Taman Hutan Rakyat Ir. H. Djuanda,          Ir. H. Djuanda Forest Park area in Bandung, West Java. This
Bandung, Jawa Barat. Kegiatan ini mencakup rehabilitasi           initiative includes environmental rehabilitation, tree planting
lingkungan, penanaman pohon sebagai implementasi carbon           as part of Erajaya’s carbon offsetting implementation, and
offsetting Erajaya, dan pemberdayaan masyarakat lokal untuk       the empowerment of local communities to create a long-term
menciptakan dampak jangka panjang yang berkelanjutan.             sustainable impact.


Sejak 2023, Erajaya juga telah menjalankan inisiatif Erajaya      Since 2023, Erajaya has also been running the Erajaya
Gadget Movement (EGM). Inisiatif ini berkembang menjadi           Gadget Movement (EGM). This initiative has evolved into the
program Sustainable Gadget, yang dikelola oleh Erafone            Sustainable Gadget program, managed by Erafone as part
sebagai bentuk tanggung jawab lingkungan. Melalui program         of its environmental responsibility. Through this program,
ini, Erajaya mengajak konsumen untuk menyumbangkan                Erajaya invites consumers to donate non-functional electronic
perangkat elektronik yang sudah tidak berfungsi melalui           devices via dropboxes available at various company events.
dropbox yang tersedia di berbagai event perusahaan. Gadget        The collected gadgets are then recycled by licensed third-party
yang terkumpul kemudian didaur ulang oleh mitra pihak ketiga      partners with expertise in electronic waste management.
yang berlisensi dan berpengalaman di bidang pengelolaan
limbah elektronik.


Pada tahun 2024, Erajaya Group mulai menerapkan pendekatan        In 2024, Erajaya Group began implementing a more systematic
yang lebih sistematis dalam pengelolaan dampak lingkungan,        approach to managing environmental impact, including
salah satunya melalui pemetaan dan penghitungan emisi karbon.     mapping and calculating carbon emissions. This process
Proses ini mencakup jejak karbon dan limbah di seluruh area       covers carbon footprints and waste across all operational
operasional, termasuk kantor pusat, gudang, dan gerai ritel,      areas, including the head office, warehouses, and retail
dengan mengacu pada standar Protokol Gas Rumah Kaca.              outlets, following the Greenhouse Gas Protocol standards. The
Penghitungan dilakukan untuk cakupan 1, 2, dan 3 sesuai dengan    calculations are made for Scope 1, 2, and 3, in line with the
karakteristik setiap lini bisnis dalam Erajaya Group.             characteristics of each business unit within the Erajaya Group.


Di bidang sosial, Erajaya terus menunjukkan kepedulian            In the social field, Erajaya continues to show its commitment
terhadap penguatan sektor usaha kecil dan menengah (UKM).         to strengthening the small and medium-sized enterprises
Pada tahun 2024, Erajaya meluncurkan program Dukungan             (SMEs) sector. In 2024, Erajaya launched the SME Expo Support
Expo UKM sebagai sarana untuk membantu mitra UKM                  Program as a means to help SME partners reach a wider
menjangkau pasar yang lebih luas. Program ini memberikan          market. This program provides a promotional platform and
platform promosi dan peluang kerja sama yang mendorong            collaboration opportunities that encourage the development
pengembangan potensi produk lokal. Selain itu, Erajaya juga       of local product potential. In addition, Erajaya also introduced
memperkenalkan program Matching External & Internal, yang         the Matching External & Internal Program, aimed at selecting
bertujuan untuk menyeleksi produk UKM unggulan agar dapat         outstanding SME products to integrate into Erajaya’s supply
terintegrasi ke dalam rantai pasok Erajaya.                       chain.


Dalam bidang pendidikan dan pengembangan talenta muda,            In the field of education and youth talent development, Erajaya
Erajaya telah bekerja sama dengan Kemendikbudristek melalui       has collaborated with the Ministry of Education, Culture,
program magang bagi siswa SMK. Para siswa ditempatkan             Research, and Technology (Kemendikbudristek) through an
sebagai Erajaya Representative Officer (ERO) di gerai-gerai       internship program for vocational high school (SMK) students.
Erafone di Jakarta. Pada 2024, program ini diperluas ke           The students are placed as Erajaya Representative Officers
berbagai provinsi dan kabupaten/kota melalui program Vokasi       (ERO) in Erafone outlets in Jakarta. In 2024, this program was
Regional, yang tidak hanya memperluas manfaat pendidikan          expanded to various provinces and districts/cities through
vokasional tetapi juga mendukung ekspansi bisnis Erajaya ke       the Regional Vocational Program, which not only extends the
wilayah-wilayah potensial di Indonesia.                           benefits of vocational education but also supports Erajaya’s
                                                                  business expansion into potential regions across Indonesia.




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  STRATEGI PENCAPAIAN TARGET                                         STRATEGY TO ACHIEVE TARGETS

  Pengelolaan Risiko dalam Menerapkan Praktik                        Risk Management in Implementing Sustainability
  Keberlanjutan                                                      Practices
  Erajaya memahami bahwa pengelolaan risiko secara                   Erajaya understands that comprehensive risk management
  menyeluruh merupakan bagian penting dalam mencapai                 is a crucial part of achieving sustainability targets. Therefore,
  target keberlanjutan. Oleh karena itu, secara berkala kami         we regularly conduct the processes of identification, analysis,
  melakukan proses identifikasi, analisis, mitigasi, evaluasi,       mitigation, evaluation, monitoring, and communication of
  pemantauan, dan komunikasi terhadap berbagai risiko                various operational risks that could hinder the achievement of
  operasional yang dapat menghambat pencapaian tujuan                business objectives, especially in the retail sector. In addition
  bisnis, khususnya di sektor ritel. Selain risiko keuangan dan      to financial and economic risks, Erajaya also pays serious
  ekonomi, Erajaya juga memberi perhatian serius terhadap            attention to social and environmental risks that could affect
  risiko sosial dan lingkungan yang berpotensi memengaruhi           business continuity and the company’s reputation.
  keberlangsungan usaha dan reputasi perusahaan.


  Pemanfaatan Peluang dan Prospek Usaha                              Exploiting Opportunities and Business Prospects
  Permintaan terhadap smartphone, laptop, dan komputer               The demand for smartphones, laptops, and computers
  terus meningkat, didorong oleh adopsi perangkat 5G                 continues to rise, driven by the adoption of 5G devices and
  dan percepatan digitalisasi. Pasar Internet of Things (IoT)        accelerating digitalization. The Internet of Things (IoT) market
  juga tumbuh pesat, sementara industri active lifestyle             is also growing rapidly, while the active lifestyle industry
  menunjukkan tren positif berkat meningkatnya kesadaran             shows positive trends due to increasing public awareness of
  masyarakat akan pentingnya kesehatan dan kebugaran. Di             the importance of health and fitness. On the other hand, the
  sisi lain, pasar kendaraan listrik (EV) di Indonesia masih dalam   electric vehicle (EV) market in Indonesia is still in its early stages
  tahap awal, namun menunjukkan potensi pertumbuhan yang             but shows strong growth potential, supported by government
  kuat, didukung oleh kebijakan pemerintah, termasuk hilirisasi      policies, including nickel downstreaming and fiscal incentives.
  nikel dan insentif fiskal.


  Sektor kesehatan mencatat pertumbuhan stabil dalam                 The healthcare sector has experienced stable growth in recent
  beberapa tahun terakhir, dengan bertambahnya apotek                years, with an increasing number of independent and chain
  independen dan jaringan di area perkotaan dan semi                 pharmacies in urban and semi-urban areas. The food and
  perkotaan. Industri makanan dan minuman juga berkembang,           beverage industry is also expanding in line with changing
  sejalan dengan perubahan gaya hidup konsumen.                      consumer lifestyles. The growth of modern retail, such as
  Pertumbuhan ritel modern, seperti Grand Lucky Superstore           Grand Lucky Superstore and minimarket networks, continues
  dan jaringan minimarket, terus berlanjut seiring meningkatnya      as demand increases.
  permintaan.


  Pada 2024, strategi utama Perseroan difokuskan pada                In 2024, the Company’s main strategy is focused on retail
  ekspansi jaringan ritel dan penambahan merek global dari           network expansion and the addition of global brands from
  berbagai principal untuk menjangkau segmen pasar yang lebih        various principals to reach a broader market segment. In
  luas. Selain itu, peningkatan produktivitas dan profitabilitas     addition, increasing the productivity and profitability of
  gerai yang telah ada juga menjadi prioritas.                       existing stores is also a priority.


  Dalam       menyusun      strategi   keberlanjutan,  Erajaya       In developing its sustainability strategy, Erajaya considers
  mempertimbangkan berbagai faktor seperti strategi bisnis,          various factors such as business strategy, performance
  target kinerja, portofolio, kondisi makroekonomi, isu global,      targets, portfolio, macroeconomic conditions, global issues,
  serta kontribusi terhadap Tujuan Pembangunan Berkelanjutan         and contributions to the Sustainable Development Goals
  (SDG). Direksi dan Dewan Komisaris secara aktif terlibat           (SDG). The Board of Directors and the Board of Commissioners
  dalam perumusan dan pengawasan strategi keberlanjutan              are actively involved in the formulation and supervision
  yang mencakup aspek ESG. Prinsip keberlanjutan terus               of sustainability strategies that include ESG aspects. The
  diinternalisasi dalam setiap proses bisnis, dan pemetaan           principles of sustainability are continuously internalized in
  profil bisnis terhadap dampak lingkungan dan sosial                every business process, and mapping of the business profile
  dilakukan secara berkala, terutama seiring dengan ekspansi         against environmental and social impacts is carried out
  usaha. Untuk mendukung pelaporan dan pengelolaan risiko            periodically, especially as the business expands. To support
  lingkungan dan sosial, Erajaya membentuk Task Force ESMS           environmental and social risk reporting and management,
  Project lintas divisi.                                             Erajaya has established a cross-divisional Task Force for the
                                                                     ESMS Project.




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Inisiatif Keberlanjutan Erajaya Group
ERAJAYA GROUP SUSTAINABILITY INITIATIVES




Erajaya menetapkan sejumlah Inisiatif Keberlanjutan yang                Erajaya has established a number of Sustainability Initiatives
terbagi dalam 4 aspek: pendidikan, kesehatan dan misi                   which are divided into 4 aspects: education, health and
kemanusiaan, lingkungan, dan pemberdayaan masyarakat.                   humanitarian missions, environment, and community
Program-program Inisiatif Keberlanjutan ditinjau setiap                 empowerment. Sustainability Initiative programs are reviewed
tahun dengan mempertimbangkan prioritas program, tingkat                annually, taking into account program priorities, previous
keberhasilan program sebelumnya, dan alokasi anggaran.                  program success rates, and budget allocations.




   Pendidikan                                                             Kesehatan dan
   Educational                                                            Misi Kemanusiaan
                                                                          Health and Humanitarian Mission

   Mendukung program pemerintah khususnya                                 Melaksanakan beragam kegiatan yang berkaitan
   dalam pengembangan kompetensi dan                                      dengan kesehatan masyarakat dan tanggap
   pemberdayaan lulusan pendidikan vokasi di dunia                        darurat untuk korban bencana alam.
   usaha dan dunia industri.
                                                                          Carrying out various activities related to public health and
   Supporting government programs, especially in developing               emergency response for victims of natural disasters.
   competence and empowering vocational education graduates
   in the business and industrial world.




   Lingkungan                                                             Pemberdayaan Masyarakat
   Environmental                                                          Community Empowerment

   Merehabilitasi lahan kritis melalui program-                           •   Menyediakan akses modal dan pendampingan
   program penghijauan yang melibatkan                                        usaha kepada masyarakat yang berorientasi pada
   masyarakat sekitar lahan dan memberikan                                    peningkatan ekonomi jangka panjang.
   edukasi lingkungan.                                                    •   Mengembangkan rantai pasok bagi mitra UMKM di
                                                                              bidang perdagangan ritel dan aksesoris.
   Rehabilitating critical land through reforestation programs
   involving communities around the land and providing                    •   Providing access to capital and business mentoring to
   environmental education.                                                   the community orientated towards long-term economic
                                                                              improvement.
                                                                          •   Developing supply chains for MSME partners in the retail and
                                                                              accessories trade sector.




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  Green Retail Operations
  GREEN RETAIL OPERATIONS

  Sebagai bagian dari komitmen terhadap keberlanjutan, Erajaya        As part of its commitment to sustainability, Erajaya is
  menjalankan berbagai inisiatif berbasis ESG yang mendukung          implementing various ESG-based initiatives that support
  praktik bisnis bertanggung jawab dan berkelanjutan. Kami            responsible and sustainable business practices. We have a
  memiliki visi untuk menjadi bagian dalam “Green Retail              vision to become part of a “Green Retail Operation,” with the
  Operation“ dengan target untuk bisa sejalan dengan kepatuhan        goal of aligning with national regulatory compliance, reporting
  regulasi nasional, standart pelaporan (GRI, TCFD, Green             standards (such as GRI, TCFD, Green Industry, etc.), as well as
  Industry, dll) maupun kaidah-kaidah lokal yang berkaitan            local principles related to social and environmental values. In
  dengan nilai-nilai sosial dan lingkungan. Selain itu juga Erajaya   addition, Erajaya also strives to remain a part of the IDX ESG
  juga berupaya untuk tetap menjadi bagian dari IDX ESG Leader        Leaders Indonesia.
  Indonesia.


  Tahun 2024 menjadi momentum penting bagi Erajaya dalam              2024 is an important moment for Erajaya in strengthening
  memperkuat Green Retail Operations dengan tiga pilar utama:         Green Retail Operations with three main pillars: Environment,
  Lingkungan, Sosial, dan Tata Kelola.                                Social, and Governance.




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                                                       Green Retail Operations


             Environment                                                 Social                                       Governance


               Efisiensi Karbon                                Pengembangan Vokasi
                 Carbon Efficiency                                 Pengembangan Vokasi
                                                                                                                      Transparency &
                                                                                                                   Accountability Report
                                                                                                                  Transparency & Accountability
                                                                                                                            Report
            Pengelolaan Limbah
               B3 & Non B3                                      Pemberdayaan UMKM
      Hazardous & Non Hazardous Waste                              Pemberdayaan UMKM
                Management


                                                                                                                      Risk Management
                                                                                                                         Compliance
                                                                                                                  Risk Management Compliance
              Konservasi Energi                                     Erajaya Wellness
                 Konservasi Energi                                     Erajaya Wellness




                                                       Main Focus ESG Erajaya


    Pilar Lingkungan                                     Pilar Sosial                                        Pilar Tata Kelola
    Langkah nyata Erajaya dalam mengurangi               Erajaya berperan aktif dalam meningkatkan           Sebagai perusahaan yang mengutamakan
    dampak       lingkungan     melalui    berbagai      kualitas pendidikan, mendukung kesejahteraan        prinsip transparansi dan kepatuhan terhadap
    program yang berfokus pada efisiensi karbon,         karyawan, dan memberdayakan UKM untuk               regulasi, Erajaya terus memperkuat aspek tata
    pengelolaan limbah, dan konservasi energi.           pertumbuhan ekonomi yang inklusif.                  kelola perusahaan yang baik (good corporate
    • Efesiensi Karbon: program untuk menghitung         Program Unggulan 2024:                              governance).
       dan mengurangi jejak karbon operasional           •      Pengembangan        Vokasi      Region:
       bisnis Erajaya, carbon footprint calculation             Erajaya Exploration & Collaboration in       Governance Pillar
       dan carbon offsetting.                                   Education and Learning (EXCEL).              As a company that prioritizes transparency and
    • Waste Management: program pengelolaan              •      Pemberdayaan       UMKM:     Business        regulatory compliance, Erajaya continuously
       limbah B3 dan non B3                                     Matching UMKM.                               strengthens its commitment to good corporate
    • Konservasi Energi: mengembangkan inisiatif                                                             governance (GCG).
       penghematan energi                                Social Pillar
    Program Unggulan 2024:                               Erajaya actively contributes to improving the
    •      Program Wana Erajaya II Taman Hutan           quality of education, supporting employee
           Raya.                                         well-being, and empowering MSMEs to drive
    •      Sustainable Gadget: E-Waste Station.          inclusive economic growth.
    •      Carbon Calculating.                           Flagship Programs in 2024:
                                                         • Regional Vocational Development: Erajaya
    Environment Pillar                                      Exploration & Collaboration in Education
    Erajaya takes concrete steps to reduce                  and Learning (EXCEL).Sustainable Gadget:
    environmental      impact     through    various        E-Waste Station.
    programs focused on carbon efficiency, waste         • MSME Empowerment: MSME Business
    management, and energy conservation.                    Matching.
    • Carbon Efficiency: Programs to calculate
       and reduce the carbon footprint of Erajaya›s
       business operations, including carbon
       footprint calculation and carbon offsetting.
    • Waste Management: Programs for managing
       hazardous (B3) and non-hazardous waste.
    • Energy Conservation: Development of
       energy-saving initiatives.
    Flagship Programs in 2024:
    • Wana Erajaya II Program at Taman Hutan
       Raya.
    • Sustainable Gadget: E-Waste Station.
    • Carbon Calculating.




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  Inisiatif Unggulan 2024
  2024 LEADING INITIATIVES


         Program Sustainable Gadget
         Sustainable Gadget Program

                               Sustainable Gadget: e-waste Station adalah              Sustainable Gadget: e-waste Station is a sus-
                               inisiatif keberlanjutan yang bertujuan untuk            tainability initiative aimed at addressing the
                               mengatasi permasalahan limbah elektronik                issue of electronic waste (e-waste) as part of
                               (e-waste) sebagai bentuk tanggung jawab Era-            Erajaya’s responsibility for products that have
                               jaya terhadap produk yang telah digunakan               been used by consumers. This program engag-
                               oleh konsumen. Program ini mengajak berb-               es various stakeholders, including consumers,
                               agai pemangku kepentingan, termasuk konsu-              recycling partners, and government institu-
                               men, mitra daur ulang, dan instansi pemerin-            tions, to participate in e-waste collection in or-
                               tah, untuk berpartisipasi dalam pengumpulan             der to reduce negative environmental impacts.
                               e-waste guna mengurangi dampak negatif terh-
                               adap lingkungan.

                               Erajaya menyediakan fasilitas e-waste Station           Erajaya provides e-waste Station facilities at
                               di beberapa lokasi strategis, dimana masyar-            several strategic locations, where the public
                               akat dapat menyerahkan perangkat elektronik             can responsibly and safely dispose of unused
                               yang sudah berfungsi/tidak terpakai dengan              or non-functioning electronic devices. The col-
                               cara yang bertanggung jawab dan ramah ling-             lected e-waste is sent to certified electronic
                               kungan. e-waste yang terkumpul akan dikirim ke          waste management partners to be recycled or
                               mitra pengelola limbah elektronik bersertifikat         processed according to applicable environmen-
                               untuk didaur ulang atau dikelola sesuai standar         tal standards.
                               lingkungan yang berlaku.

                               Program ini sejalan dengan komitmen ESG Era-            This program aligns with Erajaya’s ESG com-
                               jaya dalam mengurangi pencemaran limbah el-             mitment to reducing electronic waste pollution
                               ektronik serta mendukung konsumsi yang lebih            and promoting more responsible consumption.
                               bertanggung jawab. Inisiatif ini berkontribusi          The initiative contributes to SDG 12: Responsi-
                               pada SDGs 12: Responsible Consumption and               ble Consumption and Production and SDG 13:
                               Production dan SDGs 13 Climate Action.                  Climate Action.

                               Kami berharap program Sustainable Gadget:               We hope the Sustainable Gadget: e-waste Sta-
                               e-waste Station dapat meningkatkan kesadaran            tion program will raise public awareness of the
                               masyarakat atas pentingnya pengelolaan                  importance of sustainable e-waste manage-
                               e-waste yang berkelanjutan, sekaligus memban-           ment, while also helping to build a more envi-
                               gun ekosistem bisnis yang lebih bertanggung             ronmentally responsible business ecosystem.
                               jawab terhadap lingkungan.



                              >
                                100              Konsumen
                                                 Consumers   467              Kg CO2
                                                                              Kg CO2
                                                                                             >
                                                                                               1.750
                              konsumen berpartisipasi        berhasil direduksi              unit e-waste setara 211,84 kg
                              consumers participated         successfully reduced.           e-waste unit equivalent to 211.84 kg




                              854                KWh
                                                 KWh             10          M3
                                                                             M3                        20          Pohon
                                                                                                                   Trees



                              Efisiensi energi                   Mengurangi sampah                     Mengurangi Resiko
                              yang dihasilkan                    yang masuk ke TPA                     Penebangan Pohon
                              energy efficiency generated        Reducing waste going to landfill      Reducing the risk of tree cutting



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    Program Wana Erajaya 2 - Taman Hutan Raya Ir. H. Djuanda
    Wana Erajaya Program – Ir. H. Djuanda Grand Forest Park


                     Program ini merupakan kelanjutan dari               This program is a continuation of the Wana
                     program konservasi lingkungan Wana Erajaya          Erajaya environmental conservation initiative
                     di Kabupaten Bogor, Jawa Barat (2018-               in Bogor Regency, West Java (2018–2023). Wana
                     2023). Program Wana Erajaya 2 dimulai pada          Erajaya 2 began in September 2024 in the Ir.
                     September 2024 di Kawasan Taman Hutan Raya          H. Djuanda Grand Forest Park (Taman Hutan
                     Ir. H. Djuanda, Bandung Jawa Barat. Inisiatif       Raya) area, located in Bandung, West Java. This
                     ini bertujuan untuk meningkatkan konservasi         initiative aims to enhance forest ecosystem
                     ekosistem hutan, melestarikan flora dan fauna       conservation, preserve endemic flora and
                     endemik, serta mendukung keberlanjutan              fauna, and support the local economy’s
                     ekonomi      masyarakat    sekitar    melalui       sustainability through the empowerment of
                     pemberdayaan UMKM berbasis ekowisata.               MSMEs based on ecotourism. Wana Erajaya 2
                     Program Wana Erajaya 2 merupakan kemitraan          is a collaborative partnership between Erajaya,
                     antara Erajaya dengan Dinas Kehutanan               the Bandung Forestry Office, the management
                     Bandung, Pengelola UPDT Taman Hutan Raya            unit of Ir. H. Djuanda Grand Forest Park (UPDT),
                     Ir. H. Djuanda, dan UMKM setempat.                  and local MSMEs.




                     500                                 Karyawan
                                                         Employees



                                            Karyawan yang berpartisipasi dalam
                                            kegiatan penanaman pohon di Taman
                                            Hutan Raya Ir. H. Djuanda.
                                            Employees participated in tree planting
                                            activities at the Ir. H. Djuanda Forest Park.




   Program Pre-carbon Calculation
   Pre-carbon Calculation Program


                     Program Pre-carbon Calculation adalah inisiatif     The Pre-carbon Calculation Program is an
                     Erajaya untuk mengukur dan memahami                 Erajaya initiative aimed at measuring and
                     jejak karbon serta limbah yang dihasilkan dari      understanding the carbon footprint and waste
                     kegiatan operasional, meliputi kantor pusat,        generated from its operations, including the
                     gudang (warehouse), serta jaringan ritel (gerai).   head office, warehouses, and retail network
                     Program ini menjadi langkah awal dalam strategi     (stores). This program serves as an initial step
                     dekarbonisasi Erajaya untuk mendukung target        in Erajaya’s decarbonization strategy to support
                     nasional dan global dalam pengurangan emisi         both national and global targets for carbon
                     karbon serta optimalisasi manajemen limbah.         emission reduction and optimized waste
                                                                         management.




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         Program Pengembangan Vokasi Regional: Program Erajaya
         Exploration & Collaboration in Education and Learning (EXCEL)
         Regional Vocational Development Program: Erajaya Exploration & Collaboration in Education
         and Learning (EXCEL)


                                     Program ini merupakan kelanjutan dari       This program is a continuation of the Wana
                                     program konservasi lingkungan Wana          Erajaya environmental conservation initiative
                                     Erajaya di Kabupaten Bogor, Jawa Barat      in Bogor Regency, West Java (2018–2023).
                                     (2018-2023). Program Wana Erajaya 2         Wana Erajaya 2 began in September 2024 in
                                     dimulai pada September 2024 di Kawasan      the Ir. H. Djuanda Grand Forest Park (Taman
                                     Taman Hutan Raya Ir. H. Djuanda, Bandung    Hutan Raya) area, located in Bandung,
                                     Jawa Barat. Inisiatif ini bertujuan untuk   West Java. This initiative aims to enhance
                                     meningkatkan konservasi ekosistem hutan,    forest ecosystem conservation, preserve
                                     melestarikan flora dan fauna endemik,       endemic flora and fauna, and support the
                                     serta mendukung keberlanjutan ekonomi       local economy’s sustainability through
                                     masyarakat sekitar melalui pemberdayaan     the empowerment of MSMEs based on
                                     UMKM berbasis ekowisata. Program Wana       ecotourism. Wana Erajaya 2 is a collaborative
                                     Erajaya 2 merupakan kemitraan antara        partnership between Erajaya, the Bandung
                                     Erajaya dengan Dinas Kehutanan Bandung,     Forestry Office, the management unit of Ir.
                                     Pengelola UPDT Taman Hutan Raya Ir. H.      H. Djuanda Grand Forest Park (UPDT), and
                                     Djuanda, dan UMKM setempat.                 local MSMEs.




          500                        Peserta
                                     Participant
                                                                   >
                                                                         17                   Kegiatan
                                                                                              Events

          Siswa dan guru peserta program Vokasi                    Pelaksanaan Job Fair dan Seminar di
          Regional di Denpasar dan Surabaya.                       sekolah dan instansi di Jakarta dan
          Students and teachers participating in the               Tangerang tahun 2024.
          Regional Vocational program in Denpasar and              Implementation of Job Fair and Seminar
          Surabaya.                                                in schools and agencies in Jakarta and
                                                                   Tangerang in 2024.




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    Program Vocapreneur Innovative Business Competition
    Vocapreneur Innovative Business Competition Program


                    Merupakan kompetisi ide bisnis inovatif yang         This is an innovative business idea competition
                    melibatkan Perguruan Tinggi Vokasi (PTV)             involving     Vocational     Higher     Education
                    dan Sekolah Menengah Kejuruan (SMK) dari             Institutions (PTV) and Vocational High Schools
                    seluruh Indonesia. Program ini bertujuan             (SMK) from across Indonesia. The program
                    untuk mendorong minat kewirausahaan                  aims to promote interest in vocational-
                    berbasis vokasi (vocapreneurship) dengan             based entrepreneurship (vocapreneurship)
                    memberikan kesempatan kepada pelajar dan             by providing students with the opportunity
                    mahasiswa vokasi untuk mengembangkan                 to develop and realize creative, sustainable,
                    serta merealisasikan ide bisnis yang kreatif,        and industry-oriented business ideas, while
                    berkelanjutan, berorientasi pada industri,           applying the core values of I-LEAD. Through this
                    serta menerapkan core value I-LEAD. Melalui          program, Erajaya also extends the essence of
                    program ini, Erajaya juga menyampaikan               the Erajaya Achievement Awards (EAA) to the
                    substansi Ërajaya Achievement Awards (EAA)           vocational education level. The competition was
                    ke level pendidikan vokasi. Diikuti oleh lebih       joined by over 35 teams from 7 cities/regencies
                    dari 35 tim peserta dari 7 kabupaten/kota di         in Indonesia. By the final round, 6 finalists were
                    Indonesia. Hingga babak final, terjaring 6 finalis   selected, consisting of 3 teams from SMKs and
                    terdirid dari 3 SMK dan 3 PTV.                       3 teams from PTVs.




                    35                      Peserta
                                            Participant           20             sekolah
                                                                                 School        24             Kota
                                                                                                              City



                    Peserta Program Vocapreneur Innovative Business
                    Competition dari 20 SMK dan PTV di 24 kota.
                    Participants of the Vocapreneur Innovative Business
                    Competition Program from 20 vocational schools and PTVs
                    in 24 cities.




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         Program Guru Merdeka Mengajar
         Guru Merdeka Mengajar Program


                                Program yang bertujuan untuk meningkatkan          This program aims to enhance the capacity
                                kapasitas dan kualitas tenaga pendidik di SMK.     and quality of vocational high school (SMK)
                                Dirancang untuk memberikan akses kepada            educators. It is designed to provide SMK
                                guru-guru SMK terhadap pelatihan industri,         teachers with access to industry training,
                                sertifikasi, serta pengalaman langsung di dunia    certification, and hands-on experience in the
                                usaha dan dunia industri (DUDI) seperti Erajaya    business and industrial world (DUDI), including
                                Group. Kegiatan ini diadaptasi dari program        within the Erajaya Group. The initiative is
                                magang siswa yang sudah berlangsung sejak          adapted from the student internship program
                                2021 dengan total peserta mencapai 320 siswa       that has been running since 2021, which has
                                di beberapa bisnis unit erajaya seperti Erafone,   involved a total of 320 students across various
                                Paris Baguette, Wellings.                          Erajaya business units such as Erafone, Paris
                                                                                   Baguette, and Wellings.




                                41                     Guru
                                                       Teachers



                                Peserta program Guru Merdeka Mengajar
                                dari berbagai provinsi di Indonesia.
                                Participants of the Guru Merdeka Belajar
                                program from various provinces in Indonesia..




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Berkontribusi Terhadap Pencapaian Tujuan
Pembangunan Berkelanjutan
CONTRIBUTING TO THE ACHIEVEMENT OF SUSTAINABLE
DEVELOPMENT GOALS


                       Erajaya turut mendukung pencapaian Tujuan
                       Pembangunan Berkelanjutan (SDG) yang berisi 17
                       Tujuan dan 169 Target sebagai rencana aksi global
                       untuk mengakhiri kemiskinan, mengurangi kesenjangan
                       sosial dan melindungi lingkungan hidup.

                       Kami telah mengidentifikasi empat pilar inisiatif
                       keberlanjutan Erajaya secara tidak langsung telah
                       berkontribusi dalam upaya pencapaian 11 dari 17 butir
                       Tujuan SDGs.

                        Erajaya proactively supports the achievement of the
                        Sustainable Development Goals (SDGs), which consist of 17
                        goals and 169 targets, as a global action plan to end poverty,
                        reduce inequalities, and protect the environment.

                        We have identified the four pillars of Erajaya’s sustainability
                        initiatives that have indirectly contributed to efforts to achieve
                        11 of the 17 SDG goals.




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          Tujuan SDG                                    Sasaran                                             Program dalam Laporan Ini
             SDGs                                        Target                                                Program in This Report

      PENDIDIKAN | EDUCATIONAL

                            Memastikan pendidikan yang inklusif dan berkualitas setara, juga     • Program Pendidikan SDM Vokasi Regional di
                            mendukung kesempatan belajar seumur hidup bagi semua.                  Jabodetabek, Bali, dan Surabaya (SDG 4, 8, 10).
                            Ensure inclusive and equitable quality education, while supporting   • Program Guru Merdeka Mengajar (SDG 4, 8, 10,
                            lifelong learning opportunities for all.                               17).
                                                                                                 • Program Vocapreneur (SDG 4, 8, 17)
                                                                                                 • Program Guru Tamu dan Kunjungan Industri
                                                                                                   (SDG 4, 8, 17).
                            Mendukung pertumbuhan ekonomi yang inklusif dan                      • Program Magang Industri (SDG 4, 8, 10).
                            berkelanjutan, tenaga kerja penuh dan produktif, serta pekerjaan     • Regional Vocational HR Education Program in
                            yang layak.                                                            Jabodetabek, Bali, and Surabaya (SDG 4, 8, 10).
                            Support inclusive and sustainable economic growth, full and          • “Guru Merdeka Mengajar” Program (SDG 4, 8, 10,
                            productive employment, and decent work.                                17).
                                                                                                 • Vocapreneur Program (SDG 4, 8, 17.
                                                                                                 • Guest Teacher and Industrial Visits Programs
                                                                                                   (SDG 4, 8, 17).
                            Mengurangi ketimpangan di dalam dan antar-negara.
                                                                                                 • Erajaya Vocational Day (SDG 4, 8, 10).
                            Reduce inequality within and between countries.
                                                                                                 • Industrial Internship Program (SDG 4, 8, 10).




                            Menguatkan perangkat implementasi dan merevitalisasi
                            kemitraan global untuk pembangunan yang berkelanjutan.
                            Strengthen the means of implementation and revitalize the
                            Global Partnership for Sustainable Development.



      KESEHATAN | HEALTH

                            Memastikan hidup sehat dan mempromosikan kesejahteraan               • Program pemeriksaan kesehatan karyawan,
                            bagi semua                                                             donor darah, seminar kesehatan, dan olahraga
                            Ensure healthy lives and promoting well-being for all                  rutin.
                                                                                                 • Employee health check-up program, blood
                                                                                                   donation, health seminars, and regular exercise.



      TINGKAT PENDAPATAN RIIL ATAU PEKERJAAN | REAL INCOME LEVEL OR EMPLOYMENT

                            Mengakhiri kemiskinan di manapun dan dalam semua bentuk.             • Dukungan platform dan exposure produk-produk
                            End poverty in all its forms everywhere.                               UKM mitra dalam kegiatan Erajaya Group (SDG 1,
                                                                                                   8, 17)
                                                                                                 • Program rehabilitasi kawasan UKM Taman Hutan
                                                                                                   Raya Djuanda (SDG 1, 8)
                                                                                                 • Support of platform and exposure of partner SME
                                                                                                   products in Erajaya Group activities (SDG 1, 8, 17)
                            Mendukung pertumbuhan ekonomi yang inklusif dan                      • Rehabilitation program for the Djuanda Forest
                            berkelanjutan, tenaga kerja penuh dan produktif, serta pekerjaan       Park SME area (SDG 1, 8)
                            yang layak.
                            Support inclusive and sustainable economic growth, full and
                            productive employment, and decent work.


                            Menguatkan perangkat implementasi dan merevitalisasi
                            kemitraan global untuk pembangunan yang berkelanjutan.
                            Strengthen the means of implementation and revitalize the
                            Global Partnership for Sustainable Development.




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     Tujuan SDG                               Sasaran                                            Program dalam Laporan Ini
        SDGs                                   Target                                               Program in This Report

KEMANDIRIAN EKONOMI | ECONOMIC INDEPENDENCE

                   Mengakhiri kemiskinan di manapun dan dalam semua bentuk.           • Program kurasi produk UKM mitra dan sosialisasi
                   End poverty in all its forms everywhere.                             internal yang berpotensi untuk menjadi bagian
                                                                                        dari rantai pasok kebutuhan Grajaya Group (SDG
                                                                                        1, 8, 17).
                                                                                      • Curation program for partner SME products and
                                                                                        internal socialization that have the potential to
                                                                                        become part of the Grajaya Group's supply chain
                   Mendukung pertumbuhan ekonomi yang inklusif dan
                                                                                        (SDG 1, 8, 17).
                   berkelanjutan, tenaga kerja penuh dan produktif, serta pekerjaan
                   yang layak.
                   Support inclusive and sustainable economic growth, full and
                   productive employment, and decent work.


                   Menguatkan perangkat implementasi dan merevitalisasi
                   kemitraan global untuk pembangunan yang berkelanjutan.
                   Strengthen the means of implementation and revitalize the
                   Global Partnership for Sustainable Development.




SOSIAL BUDAYA DAN LINGKUNGAN | SOCIAL CULTURE AND ENVIRONMENT

                   Mengakhiri kemiskinan di manapun dan dalam semua bentuk.           • Program carbon offseting Wana Erajaya 2 berupa
                   End poverty in all its forms everywhere.                             konservasi dan rehabilitasi kawasan terbuka
                                                                                        hijau dan pariwisata berwawasan lingkungan di
                                                                                        kawasan Taman Hutan Raya Djuanda (SDG 13,
                                                                                        15).
                                                                                      • Program Sustainable Gadget (SDG 12, 13).
                                                                                      • Dukungan untuk kegiatan masyarakat dalam
                   Menjamin pola produksi dan konsumsi yang berkelanjutan.              rangka hari besar keagamaan temasuk donasi
                   Ensure sustainable consumption and production patterns.              hewan kurban (SDG 1).
                                                                                      • The Wana Erajaya 2 carbon offsetting program
                                                                                        in the form of conservation and rehabilitation of
                                                                                        green open areas and environmentally conscious
                                                                                        tourism in the Djuanda Forest Park area (SDG 13,
                                                                                        15).
                   Mengambil langkah penting untuk melawan perubahan iklim dan        • Sustainable Gadget Program (SDG 12, 13).
                   dampaknya.                                                         • Support for community activities in the context of
                   Take important steps to fight climate change and its impacts.        religious holidays including donations of sacrificial
                                                                                        animals (SDG 1).



                   Melindungi, memulihkan dan mendukung penggunaan yang
                   berkelanjutan terhadap ekosistem daratan, mengelola hutan
                   secara berkelanjutan, memerangi desertifikasi (penggurunan),
                   dan menghambat dan membalikkan degradasi tanah dan
                   menghambat hilangnya keanekaragaman hayati.
                   Protect, restore, and promote sustainable use of terrestrial
                   ecosystems, manage forests in a sustainable manner, combat
                   desertification, and halt and reverse soil degradation and halt
                   biodiversity loss.




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  Tata Kelola Keberlanjutan
  SUSTAINABILITY GOVERNANCE


            “Erajaya menyadari bahwa pencapaian kinerja keberlanjutan tidak
            dapat dilepaskan dari kejelasan peran, tanggung jawab, dan mekanisme
            pengawasan yang efektif. Oleh karena itu, kami menetapkan sistem
            tata kelola yang mengintegrasikan aspek lingkungan, sosial, dan tata
            kelola ke dalam pengambilan keputusan strategis. Progres inisiatif ESG
            dipantau secara berkala oleh manajemen dan dilaporkan kepada Direksi
            serta Dewan Komisaris, guna memastikan bahwa arah dan capaian
            keberlanjutan sejalan dengan visi jangka panjang perusahaan.”
            “Erajaya recognizes that achieving sustainability performance cannot be separated from clear roles,
            responsibilities, and effective oversight mechanisms. Therefore, we have established a governance
            system that integrates environmental, social, and governance (ESG) aspects into strategic decision-
            making processes. The progress of ESG initiatives is regularly monitored by management and reported
            to the Board of Directors and Board of Commissioners to ensure that the direction and outcomes of
            sustainability efforts align with the Company’s long-term vision.”



  Penanggung Jawab Penerapan Keuangan Berkelanjutan                 Responsible for the Application of Sustainable Finance
  [POJK E.1]                                                        [POJK E.1]
  Sesuai peraturan perundang-undangan, pembagian peran              In accordance with laws and regulations, assignment of
  kepemimpinan dalam pelaksanaan strategi bisnis dituangkan         leadership roles in the implementation of business strategy
  dalam bentuk struktur tata kelola. Struktur tata kelola Erajaya   is outlined in a governance structure. Erajaya’s governance
  terdiri dari tiga organ utama yaitu Rapat Umum Pemegang           structure consists of three main organs, namely the General
  Saham (RUPS), Dewan Komisaris, dan Direksi.                       Meeting of Shareholders (GMS), the Board of Commissioners,
                                                                    and the Board of Directors.


  Dalam menjalankan peran dan fungsinya, setiap organ               In carrying out its roles and functions, each organ has clear
  memiliki tugas dan tanggung jawab yang jelas sebagaimana          duties and responsibilities as stipulated in the Company’s
  diatur di dalam Anggaran Dasar Perusahaan, Pedoman Kerja          Articles of Association, Board of Commissioners Charter, and
  Dewan Komisaris, dan Pedoman Kerja Direksi.                       Board of Directors Charter.


  Kami tidak membentuk unit kerja khusus yang ditugaskan untuk      We do not set up a specific work unit assigned to handle
  menangani program-program dan inisiatif keberlanjutan.            sustainability programs and initiatives. All matters related to
  Seluruh hal yang berkaitan dengan komitmen keberlanjutan          sustainability commitments remain fully under the supervision
  secara penuh masih berada di bawah pengawasan Direksi dan         of the Board of Directors and the Board of Commissioners,
  Dewan Komisaris, yang dibantu oleh unit-unit kerja terkait        who are assisted by related work units including GA, Litigation,
  termasuk GA, Litigasi, HC, dan CSR.                               HC, and CSR.


  Informasi rinci mengenai struktur tata kelola dan pelaksanaan     Further information regarding the governance structure and
  tata kelola Erajaya dapat ditemui di segmen “Tata Kelola          implementation of Erajaya’s governance is presented in the
  Perusahaan” dalam buku Laporan Tahunan ini.                       “Corporate Governance” segment of this Annual Report.


  Pengembangan       Kompetensi       Terkait    Keuangan           Competency Development on Sustainable Finance [POJK
  Berkelanjutan [POJK E.2]                                          E.2]
  Pada tanggal 26 November 2024, Direksi Erajaya menghadiri         On November 26, 2024, Erajaya’s Board of Directors attended
  acara COE Networking 2024: Navigating Global Market Forces        the COE Networking 2024: Navigating Global Market Forces
  and Technology Innovation for Sustainable Business yang           and Technology Innovation for Sustainable Business,



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diselenggarakan oleh otoritas Pasar Modal (BEI, OJK, KPEI,                 organized by the Capital Market authorities (IDX, OJK, KPEI,
KSEI). Dari kegiatan tersebut, Direksi Erajaya memperoleh                  KSEI). Through this event, Erajaya’s Board gained strategic
wasasan strategis dalam menghadapi tantangan global yang                   insights on navigating dynamic global challenges, including in-
dinamis, termasuk wawasan mendalam tentang transformasi                    depth perspectives on business transformation in the digital
bisnis di era digital, dengan fokus pada keberlanjutan dan                 era, with a focus on sustainability and cross-generational
inovasi dari generasi ke generasi.                                         innovation.


Penilaian Risiko atas Penerapan Keuangan Berkelanjutan                     Risk Assessment of Sustainability Finance [POJK E.3]
[POJK E.3]
Erajaya menerapkan manajemen risiko sebagai upaya untuk                    Erajaya applies risk management as an effort to manage all
mengelola semua risiko secara efektif dan efisien. Kami ingin              risks effectively and efficiently. We ensure sustainable business
memastikan kesinambungan pertumbuhan bisnis melalui                        growth through proactive risk management, focusing on the
pengelolaan risiko secara proaktif, berfokus pada risiko                   most important risks in a coordinated and integrated manner.
yang terpenting, dan dilakukan secara terkoordinasi dan                    In carrying out risk management, we innovate to find more
terintegrasi. Dalam menjalankan manajemen risiko, kami                     effective and efficient measures.
berinovasi untuk mendapatkan cara-cara yang lebih efektif
dan efisien.


Secara berkala, Direksi melakukan review terhadap aktivitas                Periodically, the Board of Directors reviews the company’s
sosial dan lingkungan perusahaan di dalam rapat Direksi                    social and environmental activities in Board of Directors
bersama manajemen, maupun meninjau langsung kegiatan                       meetings with management, as well as directly reviewing
yang berhubungan dengan aktivitas sosial dan lingkungan                    activities related to Erajaya’s social and environmental
Erajaya.                                                                   activities.


Penerapan sistem manajemen risiko dan pengendalian                         Implementation of a risk management system and internal
internal menjadi bagian dari tata kelola yang efektivitasnya               control is part of governance whose effectiveness is
terus ditingkatkan. Hal ini dilakukan agar proses pencapaian               continuously being improved. This is carried out so that the
target-target operasional dapat terealisasi dengan baik guna               process of achieving operational targets can be realized
menjaga keberlangsungan usaha Perseroan di masa depan.                     properly in order to maintain the continuity of the Company’s
                                                                           business in the future.


Kami telah memetakan profil risiko ESG yang relevan hingga                 We have mapped the relevant ESG risk profile until the end of
akhir tahun 2024 dengan kegiatan usaha Erajaya sebagai                     2024 with Erajaya’s business activities as follows:
berikut:



        Topik                              Risiko                                                       Mitigasi
        Topic                               Risk                                                        Mitigation

 Lingkungan           • Penggunaan energi listrik yang berlebihan.          • Kampanye terus-menerus mengenai efisiensi penggunaan listrik
 Environmental        • Excessive use of electricity.                         dan penggunaan alat elektronik.
                      • Limbah elektronik (e-waste) yang sulit              • Continuous campaign regarding the efficient use of electricity and
                        terurai sebagai dampak dari peningkatan               the use of electronic devices.
                        konsumsi perangkat elektronik yang berisiko         • Meluncurkan program Sustainable Gadget: e-waste Station untuk
                        menyebabkan pencemaran lingkungan dan                 mengurangi limbah elektronik.
                        ketidakpatuhan terhadap regulasi.                   • Launching the Sustainable Gadget program: e-waste Station to
                      • Electronic waste (e-waste) that is difficult          reduce electronic waste.
                        to decompose as a result of the increasing          • Melaksanakan      program      Pre-Carbon   Calculation     untuk
                        consumption of electronic devices which risks         menginventarisasi dan mengurangi jejak karbon Erajaya, Program
                        causing environmental pollution and non-              Konservasi Taman Hutan Raya Ir. H. Djuanda, Bandung.
                        compliance with regulations.                        • Implementing the Pre-Carbon Calculation program to take
                      • Emisi karbon dan konsumsi energi yang                 inventory and reduce Erajaya's carbon footprint, Ir. H. Djuanda
                        dihasilkan dari operasional toko, gudang, dan         Grand Forest Park Conservation Program, Bandung.
                        rantai pasok.                                       • Penggunaan kantong belanja ramah lingkungan.
                      • Carbon emissions and energy consumption             • Use of eco-friendly shopping bags.
                        resulting from store, warehouse and supply
                        chain operations.
                      • Efisiensi sumber daya dan kemasan dari
                        penggunaan plastik dan material sekali pakai
                        dalam operasional logistik serta kemasan
                        produk masih menjadi tantangan dalam
                        mencapai target keberlanjutan.
                      • Resource and packaging efficiency of plastic
                        and single-use materials in logistics operations
                        and product packaging remains a challenge in
                        achieving sustainability targets.



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               Topik                            Risiko                                                 Mitigasi
               Topic                             Risk                                                  Mitigation
      Sosial              • Keselamatan dan Kesejahteraan Karyawan.        • Mengelola tenaga kerja dalam jumlah besar membutuhkan
      Social              • Employee Safety and Well-being.                  kebijakan yang memadai terkait kesehatan, keselamatan kerja,
                          • Pengembangan karyawan dan pendidikan             dan kesejahteraan karyawan. Erajaya menerbitkan sejumlah
                            vokasi.                                          Peraturan Perusahaan, dan menerbitkan HSHS Policy.
                          • Employee     development     and  vocational   • Managing a large workforce requires adequate policies related to
                            education.                                       employee health, safety, and welfare. Erajaya issued a number of
                          • Hubungan dengan UKM dan komunitas.               Company Regulations and issued the HSHS Policy.
                          • Relationship with SMEs and communities.        • Mengembangkan Corporate University Erajaya sebagai sentra
                                                                             pengembangan kompetensi karyawan dan melalui program-
                                                                             program pelatihan dan pengembangan yang relevan dengan tren
                                                                             terkini sesuai kebutuhan setiap lini bisnis.
                                                                           • Developing Erajaya Corporate University as a center for employee
                                                                             competency development and through training and development
                                                                             programs that are relevant to current trends according to the
                                                                             needs of each business line.
                                                                           • Meluncurkan program EXCEL (Erajaya Exploration & Collaboration
                                                                             in Education and Learning), Business Matching UMKM, serta
                                                                             inisiatif Guru Merdeka Mengajar, untuk meningkatkan kualitas
                                                                             SDM dan memperkuat kemitraan strategis dengan komunitas
                                                                             bisnis lokal.
                                                                           • Launching the EXCEL (Erajaya Exploration & Collaboration in
                                                                             Education and Learning) program, UMKM Business Matching, and
                                                                             the Guru Merdeka Mengajar initiative, to improve the quality of
                                                                             human resources and strengthen strategic partnerships with the
                                                                             local business community.




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Hubungan Dengan Pemangku Kepentingan                                                                                          [POJK E.4]


RELATIONSHIP WITH STAKEHOLDERS




Kami memposisikan pemangku kepentingan sebagai salah                  We position stakeholders as one of the critical success factors
satu faktor penentu keberhasilan dalam menjalankan praktik            in implementing sustainable business practices. Therefore,
bisnis berkelanjutan. Oleh karena itu, kami berupaya menjalin         we are making all possible efforts to establish a harmonious
hubungan yang harmonis dengan melibatkan pemangku                     relationship with the stakeholders by involving them while
kepentingan dan berupaya memenuhi ekspektasi dari                     meeting their diverse expectations.
pemangku kepentingan.


Kami membagi kelompok pemangku kepentingan dengan                     We are grouping our diverse stakeholders by applying
memperhatikan pendekatan kedekatan dan urgensi. Bagi                  immediacy- and urgency-based approaches. The stakeholders
pemangku kepentingan, proses pelibatan pemangku                       will interpret the process of engaging them as our serious
kepentingan akan dimaknai sebagai upaya kami untuk                    effort to meet their expectations.
memenuhi harapan setiap pemangku kepentingan.


Sedangkan bagi kami, interaksi dengan pemangku kepentingan            On the other hand, we see the interaction with stakeholders
akan menumbuhkan pemahaman yang memadai dalam                         as one of the ways to foster an adequate understanding on
memenuhi harapan para pemangku kepentingan dengan                     our part in meeting the aspirations of the stakeholders, using
menggunakan sumber daya yang dimiliki, dengan cara yang               all the available resources in our possession in an appropriate
tepat dan dapat dipertanggungjawabkan.                                and accountable manner.


Kami telah mengidentifikasi kelompok pemangku kepentingan             We have identified stakeholder groups and defined several
dan menetapkan beberapa pendekatan untuk melibatkan                   approaches to engage the stakeholder groups, as can be seen
kelompok pemangku kepentingan tersebut, seperti yang                  in the table below.
dapat dilihat pada tabel di bawah ini.




     Pemangku                                         Frekuensi Pelibatan
                           Metode Pelibatan                                                 Perhatian Utama dan Ekspektasi
    Kepentingan                                           Frequency of
                          Method of Engagement                                                  Interest and Expectation
    Stakeholders                                          Engagement



 Investor/ Pemegang   • RUPST                       • 1 (satu) kali setahun     • Pencapaian kinerja dan realisasi target operasional
 Saham                • RUPSLB                      • Sesuai kebutuhan            bisnis,
                      • Paparan Publik              • Paling sedikit 1 (satu)   • Perubahan kepengurusan manajemen,
                      • Laporan Tahunan dan           kali setahun              • Pembayaran dividen,
                        Laporan Keberlanjutan       • 1 (satu) kali setahun     • Informasi yang akurat dan terkini terkait aksi korporasi
                      • Laporan Keuangan            • Triwulanan dan              dan arahan strategis,
                                                      tahunan                   • Rencana dan reputasi perusahaan,
                                                                                • Informasi material baik dari segi bisnis, tata kelola, dan
                                                                                  dampak operasi terhadap lingkungan, masyarakat, dan
                                                                                  ekonomi selama tahun buku pelaporan.
 Investors/           • AGMS                        • 1 (one) time a year       • Achievement of performance and realization of
 Shareholders         • EGMS                        • As needed                   business operational targets,
                      • Public Expose               • At least 1 (one) time a   • Changes in management,
                      • Annual and Sustainability     year                      • Dividend payments,
                        Report                      • 1 (one) time a year       • Accurate and up-to-date information regarding
                      • Financial Statements        • Quarterly and annually      corporate actions and strategic directions,
                                                                                • Company plans and reputation,
                                                                                • Material information both in terms of business,
                                                                                  governance, and the operational impact on the
                                                                                  environment, society, and the economy during the
                                                                                  reporting year.




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          Pemangku                                               Frekuensi Pelibatan
                                Metode Pelibatan                                                    Perhatian Utama dan Ekspektasi
         Kepentingan                                                 Frequency of
                               Method of Engagement                                                     Interest and Expectation
         Stakeholders                                                Engagement



      Konsumen/           • Website                          •   Setiap saat             • Kualitas dan keamanan produk,
      Pelanggan           • Media Sosial                     •   Setiap saat             • Pengaduan konsumen atas produk dan layanan,
                          • Iklan di media cetak/media       •   Sesuai kebutuhan        • Informasi produk yang transparan.
                            digital/media elektronik         •   Sesuai kebutuhan
                          • Layanan konsumen                 •   1 (satu) kali setahun
                          • Survei kepuasan konsumen
      Consumers/          • Website                          •   Every time              • Product quality and safety,
      Customers           • Social Media                     •   Every time              • Consumer complaints regarding products and services,
                          • Advertisements in print/         •   As Needed               • Transparent product information.
                            digital media/ electronic        •   As Needed
                            media                            •   1 (one) time a year
                          • Customer service
                          • Consumer satisfaction survey


      Karyawan            •   Townhall meeting               •   Sesuai kebutuhan        • Program pengembangan kompetensi dan karier
                          •   Pelatihan                      •   Sesuai kebutuhan          karyawan,
                          •   Seminar                        •   Sesuai kebutuhan        • Evaluasi kinerja karyawan,
                          •   Knowledge Sharing              •   Sesuai kebutuhan        • Remunerasi karyawan,
                          •   Media komunikasi internal      •   Sesuai kebutuhan        • Sarana dan fasilitas K3,
                          •   Employee Gathering             •   1 (satu) kali setahun   • Hubungan industrial yang harmonis,
                                                                                         • Sosialisasi kebijakan, peraturan dan hal-hal lain yang
                                                                                           diperlukan dalam rangka mendukung kegiatan bisnis.
      Employee            • Townhall Meeting                 •   As Needed               • Employee competency and career development
                          • Training                         •   As Needed                 programs,
                          • Seminar                          •   As Needed               • Employee performance evaluation,
                          • Knowledge Sharing                •   As Needed               • Employee remuneration,
                          • Internal Communication           •   As Needed               • OHS facilities and infrastructure,
                            Media                            •   1 (one) time a year     • Harmonious industrial relations,
                          • Employee Gathering                                           • Dissemination of policies, regulations, and other
                                                                                           matters needed to support business activities.
      Regulator           • Pemenuhan atas kewajiban         • Sesuai kebutuhan          • Kepatuhan terhadap peraturan dan hukum yang
                            regulasi untuk industri ritel    • Sesuai periode              berlaku.
                            dan pasar modal                    pelaporan yang telah
                          • Penyampaian laporan-               ditentukan
                            laporan publikasi berkala
                            maupun insidental sesuai
                            dengan peraturan yang
                            berlaku
      Regulators          • Fulfillment of regulatory        • As Needed                 • Compliance with applicable statutory regulations.
                            obligations for the retail       • In accordance with
                            industry and capital market        a predetermined
                          • Submission of periodic and         reporting period
                            incidental publication reports
                            in accordance with applicable
                            regulations
      Mitra Usaha         • Kontrak dan perjanjian kerja     • Sesuai kebutuhan          • Mekanisme kesepakatan bisnis secara fair,
                          • Sosialisasi kebijakan internal   • Sesuai kebutuhan          • Transparansi,
                            terkait pengadaan barang                                     • Termin pembayaran yang tepat waktu sesuai perjanjian
                            dan jasa                                                       kerja sama.
      Business Partners   • Work contracts and               • As Needed                 • Business agreement mechanism in a fair manner,
                            agreements                       • As Needed                 • Transparency,
                          • Dissemination of internal                                    • Timely payment terms according to the cooperation
                            policies related to the                                        agreement.
                            procurement of goods and
                            services
      Masyarakat          • Siaran pers                      • Sesuai kebutuhan          • Pemberian bantuan kepada masyarakat sekitar melalui
                          • Situs resmi                                                    program CSR,
                                                                                         • Pembukaan lapangan pekerjaan bagi komunitas
                                                                                           setempat,
      Public              • Press Release                    • As Needed                 • Provision of assistance to surrounding communities
                          • Official Site                                                  through CSR programs,
                                                                                         • Create job opportunities for local communities.




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Permasalahan dalam Penerapan Keuangan
Berkelanjutan
PROBLEMS ON THE APPLICATION OF SUSTAINABLE FINANCE



Erajaya berupaya secara maksimal untuk menjalankan                 Erajaya has made maximum efforts to carry out sustainable
keuangan berkelanjutan sebagaimana diatur dalam POJK               finance as regulated in POJK 51/2017. In its implementation,
51/2017. Dalam penerapannya, kami menghadapi kendala               we face obstacles and challenges mainly originating from
dan tantangan baik berasal dari faktor internal maupun             internal factors. To overcome those, we identify challenges
eksternal. Kami berupaya menginventarisasi tantangan yang          and obstacles in each planned program, coordinate between
dihadapi, melakukan koordinasi internal untuk mendapatkan          work units responsible for implementation, monitoring,
solusi terbaik, serta melakukan pelatihan dan/atau sosialisasi     and evaluation of work programs, and conduct training and
terkait dengan inisiatif keberlanjutan yang telah ditetapkan.      outreach related to work programs related to sustainable
                                                                   finance.


Sebagai perusahaan ritel yang memiliki jaringan yang luas          As a retail company with an extensive network and thousands
dengan ribuan karyawan (per 31 Desember 2024 memiliki              of employees (6,131 employees as of December 31, 2024)
6.131 karyawan) tersebar di sejumlah gerai ritel, tantangan        spread across various retail outlets, our main challenge lies
utama kami adalah bagaimana meningkatkan pemahaman                 in enhancing employees› understanding of ESG aspects. It
karyawan terhadap aspek-aspek ESG sehingga seluruh insan           is essential that all individuals within Erajaya Group share a
Erajaya Group memiliki persepsi yang sama mengenai tujuan          common perspective on the company’s sustainability goals.
keberlanjutan Erajaya yang harus dicapai bersama. Untuk itu        To achieve this, we need effective and continuous learning
dibutuhkan sarana sosialisasi dan pembelajaran berkelanjutan       and communication platforms that can reach all employees.
yang tepat agar dapat menjangkau seluruh karyawan. Erajaya         Erajaya developed the QLEAP application as a mobile learning
mengembangkan aplikasi QLEAP sebagai sarana mobile                 platform to enhance employee learning through technology
learning untuk meningkatkan membelajaran karyawan dengan           and to overcome the limitations of distance, time, and space.
teknologi dan mengatasi kendala jarak, waktu, dan ruang.
                                                                   Compe
Persaingan dalam merekrut talenta terbaik semakin ketat            tition for top talent is getting tighter, as many other sectors
karena banyak sektor lain juga aktif mencari kandidat              are also actively recruiting high-quality candidates. To meet
unggulan. Untuk memenuhi kebutuhan ini, kami menggandeng           this challenge, we collaborate with educational institutions,
institusi pendidikan, terutama pendidikan vokasi, sebagai jalur    especially vocational schools, as a key recruitment channel. In
perekrutan utama. Pada 2024, kami meresmikan Corporate             2024, we launched Erajaya Corporate University as a central
University Erajaya sebagai pusat pengembangan kompetensi           hub for employee competency development, offering training
karyawan, yang menyediakan pelatihan sesuai kebutuhan dan          programs tailored to the needs and trends of each business
tren di masing-masing lini bisnis.                                 line.


Setiap lini bisnis Erajaya tunduk pada regulasi yang berbeda       Each of Erajaya’s vertical businesses is subject to different
dan terus berkembang. Bisnis gaya hidup menuntut                   and evolving regulations. The lifestyle sector requires an in-
pemahaman regulasi produk yang dinamis, sementara                  depth understanding of dynamic product regulations, while
grocery dan makanan harus mematuhi ketentuan labelisasi            grocery and food businesses must comply with increasingly
dan kehalalan. Di sektor restoran, standar kebersihan dan          stringent labeling and halal requirements. In the restaurant
kesehatan menjadi perhatian utama, seiring meningkatnya            segment, hygiene and health standards have become more
fokus pada keberlanjutan. Untuk itu, kami mengembangkan            rigorous, especially with the rising focus on sustainability and
sistem manajemen kepatuhan yang adaptif dan terstruktur            eco-friendly practices. We address these challenges through a
untuk menjawab tantangan tersebut.                                 structured and adaptive compliance management system.


Upaya efisiensi energi dari penggunaan listik dan bahan            Efforts to improve energy efficiency, through reduced
bakar kendaraan, serta konsumsi kertas dan air harus terus         electricity and fuel consumption, as well as minimizing paper
dilakukan secara berkesinambungan. Erajaya menerapkan              and water use, must be carried out continuously. Erajaya
berbagai program terobosan untuk menghasilkan efisiensi            implements various breakthrough programs to achieve
yang bermakna. Kami akan terus mengingatkan karyawan               meaningful efficiency. We remain committed to reminding
akan pentingnya perilaku bertanggung jawab terhadap                employees of the importance of environmentally responsible
lingkungan dan keberlanjutan.                                      and sustainable behavior.



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  Kegiatan Membangun Budaya Keberlanjutan                                                                                  [POJK F.1]

  Activities In Building A Sustainability Culture




  Bagi kami, keberlanjutan berarti memaksimalkan pemanfaatan          For us, sustainability means making the best use of existing
  sumber daya yang tersedia secara optimal, sekaligus terus           resources while constantly innovating to create new resources
  berinovasi untuk menciptakan sumber daya dan peluang                and opportunities that provide long-term, sustainable
  baru yang dapat memberikan manfaat jangka panjang                   benefits. These efforts are carried out by carefully balancing
  secara berkelanjutan. Semua inisiatif ini dijalankan dengan         environmental, social, and economic considerations.
  mempertimbangkan aspek lingkungan, sosial, dan ekonomi
  secara seimbang.


  Kami percaya bahwa budaya keberlanjutan hanya dapat                 We believe that a sustainable culture can only be achieved if
  tercapai apabila seluruh karyawan saling mendukung dan              all employees work together and commit to being efficient,
  bersama-sama menerapkan prinsip kerja yang efisien, efektif,        effective, and environmentally conscious. To ensure the
  serta peduli terhadap lingkungan. Budaya ini diharapkan             successful implementation of Erajaya›s sustainability
  tercermin dalam perilaku sehari-hari setiap karyawan, sehingga      programs, employees are expected to reflect this culture in
  program-program keberlanjutan yang telah dirancang dapat            their daily behavior.
  terlaksana dengan baik.


  Kami menjalankan berbagai program sebagai bagian dari               We implement a wide range of programs aimed at achieving
  upaya mewujudkan tujuan keberlanjutan yang merespons                our objectives for sustainability, which are in line with the
  harapan para pemangku kepentingan yang telah diidentifikasi.        expectations of identified stakeholders. These programs
  Program-program tersebut mencakup:                                  include:
  •   Pemenuhan tanggung jawab terhadap konsumen.                     •    Fulfilling responsibilities to customers.
  •   Pelaksanaan program tanggung jawab sosial perusahaan            •    Implementing corporate social responsibility (CSR)
      (CSR).                                                               initiatives.
  •   Pengelolaan lingkungan hidup.                                   •    Environmental management.
  •   Pengelolaan sumber daya manusia.                                •    Human resource development.
  •   Pengelolaan keselamatan dan kesehatan kerja (K3).               •    Occupational health and safety (OHS) management.


  Untuk menumbuhkan pemahaman dan kesadaran akan                      To foster awareness and understanding of sustainability, we
  pentingnya keberlanjutan, kami secara rutin menyosialisasikan       regularly communicate our sustainability policies and culture to
  kebijakan serta budaya keberlanjutan kepada seluruh karyawan        employees through internal communication channels, online
  melalui berbagai media komunikasi internal, pelatihan daring,       training, and other engagement initiatives. Topics include
  dan inisiatif lainnya. Materi yang disampaikan meliputi efisiensi   energy, water, and paper use efficiency, waste management,
  penggunaan energi, air, dan kertas, pengelolaan sampah,             as well as updates on ongoing CSR programs.
  serta pembaruan informasi terkait program CSR yang sedang
  berlangsung.


  Sebagai payung dari seluruh inisiatif sosial dan lingkungan,        As an overarching platform for social and environmental
  Erajaya Group telah mengembangkan program induk                     initiatives, Erajaya Group has established the LENTERA Erajaya
  bernama LENTERA Erajaya Peduli. Program ini dirancang agar          Peduli program. This flagship initiative is designed to ensure
  pelaksanaan program sosial dan lingkungan dilakukan secara          that social and environmental programs are implemented in a
  terarah, tepat guna, berdampak nyata, berkelanjutan, serta          targeted, impactful, and sustainable manner, while supporting
  mendukung pencapaian SDG secara terukur.                            the measurable achievement of the SDGs.




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                                                                                            Mendukung proses alur bisnis dan kebutuhan bisnis
                                                                                            melalui peningkata kompetensi guru dan siswa dalam
                                                                                            bisnis inti kami.
                                                                                            Support business flow process and business needs
  Mendorong pemberdayaan potensi masyarakat                                                 through competency improvement of teachers and
  lokal untuk menghasilkan pendapatan.                                                      students in our core business.
  Encourage the empowerment of local
  community potential to generate income.
                                                                LENTERA
                                                                CERDAS
                                                                 Pendidikan
                                                                 Educational




                                LENTERA                                                           LENTERA
                                 KASIH                                                             SEHAT
                                 Pemberdayaan                                                         Kesehatan
                                  Empowerment                                                           Health




                                                               LENTERA
                                                                HIJAU
                                                                 Lingkungan
                                                                 Environment
  Mengembangkan kawasan hutan sebagai
  pusat reboisasi dan model pendidikan berbasis                                                       Menjamin kehidupan yang sehat dan
  lingkungan dengan melibatkan masyarakat.                                                            meningkatkan kesejahteraan masyarakat
  Develop forest area as reforestation centers and                                                    dari segala usia.
  environmental-based education models by involving                                                   Ensure healthy lives and promote the
  the community.                                                                                      community well-being of all ages.




                                             Kami ingin ikut berkontribusi meningkatkan       We are eager to contribute to improving the
                                             kualitas pendidikan dengan menyediakan           quality of education by providing wider access

          LENTERA                            akses pendidikan yang lebih luas bagi
                                             masyarakat. Sejak beberapa tahun terakhir,
                                                                                              to education for the community. Since the last
                                                                                              few years, we have been collaborating with the
          CERDAS                             kami telah bekerja sama dengan Kementerian       Ministry of Education, Culture, Research, and
                                             Pendidikan, Kebudayaan, Riset, dan Teknologi     Technology in a program aimed at increasing
          Pendidikan                         dalam program yang bertujuan peningkatan         the competency of Vocational Education Unit
          Educational                        kompetensi siswa Satuan Pendidikan Vokasi        (SPV) students, which included holding various
                                             (SPV), termasuk menyelenggarakan berbagai        collaborative activities with SPV such as the
                                             kegiatan kerja sama dengan SPV seperti talk      HerVocational talk show, Hiring Corner, and a
                                             show HerVocational, Hiring Corner, dan stand     stand to showcase the work of vocational school
                                             untuk memamerkan karya siswa SMK.                students.

                                             Pada tahun 2024, kami menginisiasi Program       In 2024, we initiated the Regional Vocational
                                             Peningkatan SDM Vokasi Regional, Program         HR Improvement Program, Merdeka Teachers
                                             Guru Merdeka Mengajar, Program Vocapreneur,      Program, Vocapreneur Program, Guest Teacher
                                             Program Guru Tamu dan Kunjungan Industri,        Program and Industrial Visit, and Industrial
                                             dan Program Magang Industri (Erajaya Micro       Internship Program (Erajaya Micro Learning/
                                             Learning/EMiL).                                  EMiL).




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                    Kami    berupaya     meningkatkan      kualitas   We strive to improve the quality of health for

     LENTERA        kesehatan bagi karyawan dan kelompok
                    masyarakat rentan dan berisiko. Program
                                                                      vulnerable and at-risk community groups.
                                                                      The Lentera Sehat programs that we are
     SEHAT          Lentera Sehat yang kami lakukan pada tahun        implemented in 2024 were the Employee
                    2024 adalah Program Pemeriksaan Kesehatan         Health Check Program, Blood Donation, Health
     Health         Karyawan, Donor Darah, Seminar Kesehatan,         Seminars, and regular sports activities for
     Health         dan kegiatan olahraga rutin bagi karyawan.        employees.




                    Perhatian kami pada aspek lingkungan kami         Our      environmental        commitment         is
     LENTERA        tunjukkan melalui Program Wana Erajaya 2          demonstrated through the Wana Erajaya 2
                    di Kawasan Tahura Ir. H. Djuanda Bandung          Program in the Ir. H. Djuanda Grand Forest Park
     HIJAU          dan Program Sustainable Gadget, dimana            (Tahura) in Bandung, as well as the Sustainable
                    kami menyediakan e-waste station di kantor        Gadget initiative, in which we provide e-waste
     Environment    dan di gerai erafone agar masyarakat dapat        stations at our head office and Erafone stores
     Environment    mengumpulkan gadget yang sudah tidak              to encourage the public to dispose of non-
                    berfungsi untuk diproses daur ulang. Selain       functional gadgets for proper recycling. In
                    itu, pada tahun 2024 kami menginisiasi            addition, in 2024, we initiated a phased carbon
                    penghitungan emisi karbon yang dihasilkan dari    emission assessment from Erajaya’s operations,
                    operasional Erajaya secara bertahap mulai dari    starting with the head office, distribution center,
                    kantor pusat, pusat distribusi dan gerai-gerai    and retail stores.
                    ritel.




                    Inisiatif pemberdayaan masyarakat antara lain     Community empowerment initiatives are
     LENTERA        direalisasikan melalui Program Expo UKM Mitra     realized through the Erajaya Group Partner
     KASIH          Erajaya Group, Program Rehabilitasi Kawasan       UKM Expo Program, the Tahura Ir. H. Djuanda
                    UKM Tahura Ir. H. Djuanda Banding, dan            Banding UKM Area Rehabilitation Program,
                    Program Business Matching External & Internal.    and the External & Internal Business Matching
     Pemberdayaan                                                     Program.
     Empowerment




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  Memberikan Manfaat Yang Optimal
  Bagi Pemegang Saham
  Providing Optimal Benefits To Shareholders




                                 “Erajaya mengembangkan portofolio usaha yang
                                 dikelompokkan dalam 4 (empat) bisnis vertikal
                                 yaitu Erajaya Digital, Erajaya Active Lifestyle,
                                 Erajaya Beauty & Wellness dan Erajaya Food &
                                 Nourishment.”

                                 “Erajaya is developing a business portfolio which is grouped
                                 into 4 (four) vertical businesses, namely Erajaya Digital, Erajaya
                                 Active Lifestyle, Erajaya Beauty & Wellness and Erajaya Food &
                                 Nourishment.”




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Erajaya terus memperluas jaringan bisnis yang sudah ada dan              Erajaya continues to expand its existing business network and
menambah bisnis dan brand baru. Insiatif strategis Perseroan             to add new businesses and brands. In 2024, the Company’s
melalui bisnis vertikal pada tahun 2024 adalah melanjutkan               strategic initiatives, executed through its vertical business,
ekspansi jaringan ritel dan menambah merek-merek                         focused on expanding its retail network and adding leading
terkemuka dari berbagai principal global untuk menjangkau                brands from various global principals to reach a broader
spektrum konsumen yang lebih luas di seluruh Indonesia. Di               spectrum of consumers across Indonesia. At the same time, we
sisi lain, kami fokus untuk meningkatkan produktivitas dan               concentrated on improving the productivity and profitability of
profitabilitas gerai-gerai yang sudah ada.                               existing stores.


Pada 2024, Erajaya membuka 278 toko baru, sehingga pada                  In 2024, Erajaya opened 278 new stores, bringing its total retail
akhir tahun 2024, jumlah jaringan ritel Perseroan mencapai               network to 2,194 outlets by the end of the year. These stores
2.194 toko yang tersebar di Indonesia, Malaysia, dan Singapura.          are spread across Indonesia, Malaysia, and Singapore. The
Ekspansi jaringan ritel dan penambahan merek-merek baru                  expansion of the retail network and the addition of new brands
tersebut berkontribusi positif pada kinerja keuangan Erajaya.            contributed positively to Erajaya’s financial performance.


Erajaya berhasil menjaga kesinambungan pertumbuhan                       Erajaya successfully sustained its growth momentum by
dengan membukukan penjualan neto sebesar Rp65.279,68                     recording net sales of Rp65,279.68 billion, an increase of
miliar, tumbuh 8,5% dibandingkan Rp60.139,41 pada tahun                  8.5% compared to Rp60,139.41 billion in 2023. In line with the
2023. Sejalan dengan peningkatan penjualan neto, Erajaya                 increase in net sales, Erajaya recorded a profit for the year of
memperoleh laba tahun berjalan sebesar Rp1.119,49 miliar,                Rp1,119.49 billion, a 30.6% increase compared to Rp856.86
naik 30,6% dibandingkan Rp856,86 miliar pada tahun 2023,                 billion in 2023, with profit attributable to owners of the parent
dengan laba tahun berjalan yang dapat diatribusikan kepada               entity amounting to Rp1,032.55 billion.
pemilik entitas induk sebesar Rp1.032,55 miliar.


Dalam 5 tahun terakhir, Erajaya mengalami pertumbuhan                    Over the past 5 years, Erajaya has experienced rapid growth
yang pesat dengan tingkat pertumbuhan tahunan majemuk                    with compound annual growth rates (CAGR) of net revenue
(Compound Annual Growth Rate/CAGR) pendapatan bersih                     and net profit of 117.6% and 113.6%, respectively, indicating
dan laba bersih masing-masing sebesar 117,6% dan 113,6%                  Erajaya›s financial performance is growing sustainably and
mengindikasikan kinerja finansial Erajaya tumbuh secara                  providing a solid foundation to support future business
berkesinambungan serta menjadi landasan yang kokoh untuk                 growth.
mendukung pertumbuhan bisnis di masa mendatang.



                                        Pertumbuhan Penjualan Neto dan Laba Bersih
                                               Net Sales and Net Income Growth
                                                 (dalam miliar Rp | in Rp billion)



              70.000                                                                                                  1.200


              60.000                                                                                                  1.000


              50.000                                                                                                   800


              40.000                                                                                                   600


              30.000                                                                                                   400


              20.000                                                                                                   200


              10.000                                                                                                    0
                                     2020         2021            2022           2023          2024

         Penjualan Netto          34.113,45      43.446,98     49.471,48         60.139,41    65.279,68                         Net Sales

         Laba Bersih                 671,17       1.117,92        1.076,56         856,86       856,86                        Net Income




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  PERBANDINGAN                ANTARA            TARGET     DAN       TARGET VS REALIZATION COMPARISON
  REALISASI
  Saat ini kami mengambil kebijakan untuk tidak mengungkapkan        Currently, we have adopted a policy of not disclosing financial
  target-target keuangan kepada publik mempertimbangkan              targets to the public, taking into account the high level of
  tingkat kompetisi yang ketat di pasar. Pada tahun 2024,            market competition. In 2024, Erajaya aims to maintain its
  Erajaya berupaya untuk menjaga momentum pertumbuhan                growth momentum despite various external challenges that
  meskipun berbagai tantangan eksternal dapat berpotensi             could pose potential threats. Through the implementation
  menjadi ancaman. Melalui implementasi berbagai strategi            of a range of innovative strategies throughout the year, the
  inovatif yang diterapkan sepanjang tahun 2024, Perseroan           Company successfully increased net sales by 8.5% and net
  dapat meningkatkan penjualan neto sebesar 8,5% dan laba            profit by 30.6% compared to the previous year.
  bersih naik 30,6% dibandingkan tahun sebelumnya.


  PELUANG DAN TANTANGAN                                              OPPORTUNITIES AND CHALLENGES
  Tahun 2024 ditandai oleh dinamika politik, namun iklim usaha       The year 2024 was marked by political dynamics, yet
  di Indonesia tetap menunjukkan stabilitas yang mendukung           Indonesia’s business climate remained stable and conducive
  pertumbuhan bisnis. Erajaya terus menjaga kinerja yang solid       to growth. Erajaya maintained strong performance by focusing
  melalui fokus pada segmen menengah atas yang cenderung             on the upper-middle segment, which tends to be more resilient
  lebih resilien terhadap fluktuasi ekonomi. Strategi penempatan     to economic fluctuations. The strategic placement of stores in
  gerai di pusat perbelanjaan modern serta pengembangan lini         modern shopping centers, along with business lines that align
  bisnis yang relevan dengan gaya hidup dan kebutuhan sehari-        with lifestyle trends and everyday needs, further strengthened
  hari turut memperkuat daya saing perusahaan di tengah              the Company’s competitiveness amid changing consumer
  perubahan perilaku konsumen.                                       behavior.


  Untuk menjawab tren konsumen yang kembali memilih                  To address the growing trend of consumers returning to
  pengalaman berbelanja offline, kami menghadirkan gerai             offline shopping for a more comfortable and interactive
  modern, meningkatkan kompetensi staf, menyediakan demo             experience, we launched modern store concepts, enhanced
  produk, serta menawarkan promosi dan skema pembiayaan              staff product knowledge, offered in-store product demos,
  menarik melalui kemitraan strategis. Digitalisasi terus            and provided attractive promotions and financing schemes
  ditingkatkan melalui platform e-commerce dan penguatan             through strategic partnerships. Digitalization efforts continue
  strategi O2O (Online-to-Offline) sebagai bagian dari ekosistem     to grow through our e-commerce platforms and the expansion
  penjualan.                                                         of our O2O (Online-to-Offline) strategy as a key part of our
                                                                     retail ecosystem.


  Dari sisi regulasi, setiap lini bisnis menghadapi tantangan yang   From a regulatory standpoint, each of our business verticals
  berbeda. Produk gaya hidup menuntut pemahaman regulasi             faces unique challenges. Lifestyle products require a deep
  yang dinamis, bisnis grocery dan makanan harus patuh pada          understanding of evolving regulations, the grocery and
  aturan labelisasi dan kehalalan, sementara sektor restoran         food segments must comply with increasingly scrutinized
  menghadapi standar kebersihan dan keberlanjutan yang               labeling and halal standards, and the restaurant sector faces
  semakin ketat. Kami merespons melalui sistem manajemen             tightening hygiene and sustainability regulations. We respond
  kepatuhan yang adaptif dan terstruktur.                            to these challenges with a structured yet adaptive compliance
                                                                     management system.


  Penjelasan lengkap mengenai kinerja Erajaya disajikan pada         A complete explanation of Erajaya›s performance is presented
  bab “Diskusi dan Analisis Manajemen.”                              in the chapter “Management Discussion and Analysis”




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  Berkomitmen Untuk Menjaga
  Lingkungan Yang Lestari
  Committed To Maintaining A Sustainable Environment




                                 “Pelestarian lingkungan dimulai dari tindakan
                                 sehari-hari setiap individu dengan memahami
                                 bahwa keberlanjutan bukan lagi pilihan, melainkan
                                 kebutuhan untuk memastikan kualitas hidup
                                 generasi kini dan mendatang. Kesadaran akan
                                 dampak lingkungan dari setiap aktivitas harus
                                 menjadi bagian dari gaya hidup modern yang
                                 bertanggung jawab.”

                                 “Environmental preservation starts with daily actions by individuals,
                                 rooted in the understanding that sustainability is no longer a choice
                                 but a necessity to ensure the quality of life for current and future
                                 generations. Awareness of the environmental impact of each activity
                                 must become an integral part of a modern, responsible lifestyle.”




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2.578                                                                            0,519
                                         INTENSITAS
                                         ENERGI                                                                         CO2 METER
GJ per juta Rp | GJ per Rp million       Energy Intensity                        ton CO2-eq per Rp miliar
                                                                                                                        Co2 Meter
                                                                                 CO2-eq per billion Rp.

Intensitas energi pada tahun 2024*) | Energy intensity in 2024                   Intensitas emisi tahun 2024*) | The intensity of emissions in 2024

*) Data penggunaan energi listrik dan BBM di Erajaya Plaza, Gedong Panjang (Kantor ERAL), dan gerai-gerai ritel Erajaya Digital (Erafone, Nasa,
DCM), Erajaya Food & Nourishment (Paris Baguette), dan Erajaya Beauty & Wellingness (Wellings). | Data of electricity and fuel consumption at
Erajaya Plaza, Gedong Panjang (ERAL Office), and retail stores of Erajaya Digital (Erafone, Nasa, DCM), Erajaya Food & Nourishment (Paris Baguette),
and Erajaya Beauty & Wellingness (Wellings).




      Biaya Lingkungan [POJK F.4]
      Environmental Costs [POJK F.4]




                                     Rp
                                                 219                                       Juta
                                                                                           Milion

                                     Komitmen Erajaya terhadap pengelolaan                 Erajaya’s commitment to environmental
                                     dan    pelestarian    lingkungan     tercermin        management and conservation is reflected
                                     dalam alokasi anggaran untuk berbagai                 in the allocation of funds for environmental
                                     kegiatan lingkungan setiap tahunnya. Saat             initiatives each year. At present, we have
                                     ini, kami belum melakukan perhitungan                 not yet fully calculated environmental
                                     secara menyeluruh atas biaya lingkungan               management costs directly related to
                                     yang terkait langsung dengan operasional,             operations, such as waste management
                                     seperti pengelolaan limbah dan penggunaan             and the use of energy-efficient materials.
                                     material yang efisien energi. Pada tahun 2024,        In 2024, the majority of our environmental
                                     sebagian besar biaya lingkungan dialokasikan          expenditure was allocated to support
                                     untuk mendukung inisiatif keberlanjutan di            sustainability intitatives in the environmental
                                     bidang lingkungan.                                    sector.




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  Pandemi COVID-19 yang berlangsung hampir tiga tahun telah           The COVID-19 pandemic, which lasted nearly three years,
  mengubah cara pandang masyarakat terhadap isu lingkungan.           has reshaped public perception of environmental issues.
  Kesadaran akan pentingnya lingkungan yang sehat, serta              Awareness of the importance of a healthy environment and
  urgensi menangani perubahan iklim, meningkat secara                 the urgency of addressing climate change has increased
  signifikan. Masyarakat kini lebih sadar bahwa krisis lingkungan     significantly. People now recognize that environmental crises
  memiliki dampak langsung terhadap kehidupan manusia,                have direct consequences on human life and can pose threats
  bahkan dapat mengancam keselamatan seperti halnya isu               as serious as public health issues.
  kesehatan.


  Dorongan untuk berkontribusi dalam keberlanjutan kini               Sustainability is becoming a lifestyle choice. More individuals
  menjadi bagian dari gaya hidup. Semakin banyak individu             are committing to behavioral changes, ranging from conserving
  berkomitmen untuk mengubah perilaku sehari-hari, mulai dari         household energy, increasing recycling and composting, to
  menghemat energi, memperbanyak praktik daur ulang dan               supporting locally produced, eco-friendly products.
  pengomposan, hingga mendukung produk lokal yang ramah
  lingkungan.


  Tuntutan publik terhadap dunia usaha dan pemerintah juga            Public expectations for businesses and governments are
  semakin tinggi. Masyarakat ingin melihat aksi nyata dan             also rising. People want to see tangible action and business
  strategi bisnis yang mengintegrasikan prinsip keberlanjutan         strategies that fully integrate sustainability, across products,
  secara menyeluruh, baik dalam produk, layanan, maupun               services, and operations. In today’s economic recovery
  operasional. Dalam agenda pemulihan ekonomi, isu                    agenda, environmental issues are no longer seen as optional,
  lingkungan kini dipandang sebagai elemen kunci, bukan               but rather as essential priorities.
  sekadar tambahan.


  MEMULAI DARI LANGKAH KECIL TAPI NYATA                               STARTING FROM SMALL BUT TANGIBLE STEPS
  Usaha-usaha pelestarian lingkungan tidak hanya dapat                Not only in a large, complicated, and expensive way,
  dilakukan dengan cara yang besar, rumit dan mahal, tetapi           environmental preservation efforts can also be conducted by
  juga dengan melakukan hal-hal kecil dan sederhana.                  doing small and simple things.




                                                                    Mengelola limbah dengan tepat                Menghemat
                                                                    dan sesuai aturan agar tidak                 penggunaan listrik, air,
                                                                    mencemari lingkungan.                        dan bahan bakar minyak
                                                                                                                 (BBM).
                                                                    Manage waste appropriately and
                                                                    according to regulations so as not           Saving the use of
                                                                    to pollute the environment.                  electricity, water, and
                                                                                                                 fuel oil (BBM).




                                                                    Menanam dan merawat pohon                  Menghemat
                                                                    di lingkungan sekitar.                     penggunaan kertas.

                                                                    Planting and nurturing trees in the        Reducing paper
                                                                    surrounding.                               usage.


                                                                                Menanam pohon pada lahan-lahan yang kritis, tandus
                                                                                dan gundul, serta meminimalkan penebangan pohon
                                                                                untuk menjaga kelestarian hutan, daerah serapan dan
                                                                                sumber air serta fauna yang ada di dalamnya.

                                                                                Planting trees on critical, desolate, and bare land, and
                                                                                redcing tree cutting to preserve forests, absorption
                                                                                areas and water sources as well as the fauna in them.




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Tekanan global terhadap korporasi untuk mengadopsi prinsip         Global pressure on corporations to adopt sustainability
keberlanjutan dan ESG semakin meningkat dan membentuk              and ESG principles is intensifying, reshaping the business
ulang lanskap bisnis. Lembaga keuangan dan investor,               landscape. Financial institutions and investors, both local
baik lokal maupun internasional, menjadi lebih selektif,           and international, are becoming more selective, prioritizing
memprioritaskan investasi dengan dampak lingkungan yang            investments with minimal environmental impact.
minimal.


Faktor ESG kini menjadi kunci dalam keputusan investasi,           ESG factors are now key in investment decisions, offering not
yang tidak hanya menawarkan nilai etika tetapi juga manfaat        just ethical value but financial benefits through operational
finansial melalui efisiensi operasional seperti pengurangan        efficiencies like reduced energy, fuel, and resource use.
penggunaan energi, bahan bakar, dan sumber daya.


Sebagai korporasi yang bertanggung jawab, Erajaya                  As a responsible corporation, Erajaya is committed to
berkomitmen untuk mendukung upaya keberlanjutan global.            supporting global sustainability efforts. We’ve started
Kami telah memulai dengan tindakan praktis sehari-hari,            with practical, everyday actions—raising awareness in the
meningkatkan kesadaran di tempat kerja, menerapkan                 workplace, implementing policies on energy and water
kebijakan tentang efisiensi energi dan air, dan mendorong          efficiency, and encouraging responsible use of office resources.
penggunaan sumber daya kantor yang bertanggung jawab.




       Go Paperless
       Go Paperless




         Sejak tahun 2021, kami telah menjalankan berbagai inisiatif untuk mengurangi konsumsi kertas. Salah satu
         upaya yang dilakukan adalah memanfaatkan kembali dokumen non-rahasia yang sudah tidak terpakai, dengan
         menggunakan sisi kosongnya untuk kebutuhan internal. Kami juga menerapkan konsep kantor tanpa kertas
         (paperless office) melalui pemanfaatan platform digital, termasuk sistem persetujuan elektronik (digital approval),
         guna mendukung efisiensi administrasi. Untuk komunikasi promosi dengan pelanggan, kami menggunakan media
         digital seperti WhatsApp, e-mail, dan QR Code. Dalam proses transaksi di gerai, kami menggantikan struk cetak
         dengan e-receipt yang dikirim langsung ke e-mail pelanggan. Kami berharap inisiatif ini dapat memberikan dampak
         penghematan biaya yang signifikan dalam beberapa tahun ke depan

         Since 2021, we have implemented various initiatives to reduce paper consumption. One of our efforts includes
         reusing non-confidential documents by utilizing the blank side for internal purposes. We also adopted a paperless
         office concept by leveraging digital platforms for administrative activities, including digital approvals. For
         promotional communication with customers, we use digital channels such as WhatsApp, email, and QR codes.
         In-store transactions have also shifted to using electronic receipts (e-receipts) sent directly to customers’ email
         addresses. We hope that these initiatives will result in meaningful cost savings in the coming years.


         Konsumsi Kertas
                                                       2022                       2023                      2024
         Paper Consumption
         Rim | Ream                                    2.204                       644                       683




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  PENGGUNAAN MATERIAL RAMAH LINGKUNGAN                              ENVIRONMENTALLY      FRIENDLY                     MATERIAL
  [POJK F.5]                                                        CONSUMPTION [POJK F.5]
  Erajaya menyadari pentingnya penggunaan material ramah            Erajaya understands the importance of using environmentally
  lingkungan sebagai bagian dari tanggung jawab perusahaan          friendly materials as part of our responsibility to preserve the
  terhadap kelestarian lingkungan. Meskipun saat ini kami           environment. While we have yet to fully identify the use of eco-
  belum sepenuhnya mengidentifikasi penggunaan eco-material         materials throughout our supply chain, we have taken initial
  di seluruh rantai pasok, langkah awal telah kami ambil sebagai    steps to demonstrate our commitment to sustainability.
  bentuk komitmen terhadap keberlanjutan.


  Salah satu inisiatif konkret yang telah dijalankan adalah         One of the tangible initiatives we have implemented is the
  penggantian kantong plastik di seluruh gerai Erajaya dengan tas   replacement of plastic bags in all Erajaya stores with reusable
  belanja berbahan dasar kain yang dapat terurai secara alami.      shopping bags made of biodegradable fabric. This initiative
  Langkah ini tidak hanya bertujuan untuk mengurangi limbah         aims to reduce plastic waste while also encouraging more
  plastik, tetapi juga untuk mendorong gaya hidup konsumen          environmentally conscious consumer behavior. In doing so, we
  yang lebih sadar lingkungan. Dalam implementasinya, kami          collaborate with small and medium-sized enterprises (SMEs)
  juga menggandeng usaha kecil dan menengah (UKM) sebagai           as suppliers of these shopping bags, resulting in additional
  mitra pemasok tas belanja, sehingga turut menciptakan             positive social impact.
  dampak sosial yang positif.


  Selain itu, kami mendorong para principal dari merek-merek        Furthermore, we encourage the brand principals with whom we
  yang kami distribusikan untuk meningkatkan proporsi               work to increase their use of environmentally friendly materials
  penggunaan material ramah lingkungan dalam produk mereka.         in their products. We have noticed that environmentally
  Kami mencermati bahwa segmen konsumen yang peduli                 conscious consumers are particularly interested in products
  terhadap lingkungan menunjukkan minat tinggi terhadap             designed with environmental impact in mind. This provides
  produk-produk yang dibuat dengan mempertimbangkan                 an opportunity for Erajaya to continue to promote sustainable
  dampak ekologis. Hal ini membuka peluang bagi Erajaya untuk       production and consumption practices in the future.
  terus mendorong praktik produksi dan konsumsi yang lebih
  berkelanjutan ke depan.


  Di lingkungan internal, kami mendorong karyawan untuk             At the internal level, we encourage employees to support
  mendukung pendekatan zero-waste-to-landfill dengan                a zero-waste-to-landfill approach by minimizing single-use
  meminimalkan penggunaan plastik sekali pakai di tempat            plastics in the workplace. One simple yet impactful action
  kerja. Salah satu tindakan sederhana namun berdampak              is the habit of bringing personal water bottles to the office,
  adalah kebiasaan membawa botol air minum pribadi ke               reducing dependency on disposable packaging and fostering
  kantor, mengurangi ketergantungan pada kemasan sekali             a culture of environmental awareness.
  pakai dan menumbuhkan budaya peduli lingkungan.




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Aspek Energi
Energy




JUMLAH ENERGI YANG DIGUNAKAN [POJK F.6]                                                 AMOUNT OF THE ENERGY CONSUMED [POJK F.6]

Penggunaan energi dalam aktivitas operasional Erajaya                                   Energy use in Erajaya’s operations primarily consists of
terutama adalah energi listrik dari PLN dan bahan bakar                                 electricity from the state utility (PLN) and fuel (BBM) for logistics
minyak (BBM) untuk kendaraan operasional logistik. Kami                                 operational vehicles. We strive to use energy efficiently by
berupaya menggunakan energi secara efisien dengan                                       developing systems, facilities, and infrastructure aimed at
menyiapkan sistem, sarana dan prasarana untuk menekan                                   reducing operational expenses related to electricity and fuel
biaya operasional yang berhubungan dengan konsumsi listrik                              consumption.
dan BBM.


Jumlah konsumsi energi tahun 2024 sebesar 168.124 gigajoule                             In 2024, total energy consumption reached 168,124 gigajoules
(GJ). Pada tahun 2024 kami memperluas cakupan data listrik                              (GJ). This year, we expanded the scope of electricity data to
meliputi Erajaya Plaza, Gedong Panjang (Kantor ERAL), serta                             include Erajaya Plaza, Gedong Panjang (ERAL Office), as well
gerai-gerai Erajaya Digital (Erafone, Nasa, DCM), Erajaya                               as stores of Erajaya Digital (Erafone, Nasa, DCM), Erajaya
Food & Nourishment (Paris Baguette), dan Erajaya Beauty &                               Food & Nourishment (Paris Baguette), and Erajaya Beauty &
Wellingness (Wellings). Sedangkan pada tahun sebelumnya                                 Wellness (Wellings). In comparison, the previous year’s data
hanya mencakup kantor pusat Erajaya Plaza sehingga tidak                                only covered the Erajaya Plaza headquarters, and therefore
dapat diperbandingkan.                                                                  the figures are not directly comparable.



                          Energi                                      Satuan                  2024
                                                                                                                           2023                          2022
                          Energy                                       Unit


 Listrik                                                      KWh                                 46.700.981                    1.468.572                    1.377.476
 Electricity
                                                              GJ                                     168.124                         5.287                        4.959

 BBM                                                          Liter                                     4.550                        5.400                        1.484
 Fuel
                                                              GJ                                          150                          178                            49

 Jumlah Konsumsi Energi                                       GJ                                     168.274                         5.465                        5.008
 Total Energy Consumption

 Catatan:
 1) GJ: Gigajoule
 2) Data penggunaan listrik pada tahun 2022 dan 2023 hanya berasal dari Erajaya Plaza. Sedangkan data tahun 2024 sudah diperluas cakupannya meliputi Erajaya Plaza
      (EP), Kantor Gedong Panjang (GP), Perwata, Cition, Hayam Wuruk (HW), Astha D8, Erajaya Digital (Erafone, Nasa, DCM), Erajaya Food & Nourishment (Paris Baguette),
      dan Erajaya Beauty & Wellingness (Wellings) sehingga tidak dapat diperbandingkan.
 3) Faktor konversi mengacu pada Pedoman Penyelenggaraan Inventarisasi Gas Rumah Kaca Nasional, Buku II – Volume 1 – Metodologi Penghitungan Tingkat Emisi Gas
      rumah Kaca, Kementerian Lingkungan Hidup 2012.
      a. 1 kWh listrik = 0,0036 GJ.
      b. liter bensin = 0,033 GJ.
      c. liter solar = 0,036 GJ.
 4) Bensin termasuk Pertalite.

 Notes:
 1) GJ: Gigajoule
 2) 2) Electricity usage data for 2022 and 2023 only covered Erajaya Plaza. In contrast, the 2024 data has a broader scope, including Erajaya Plaza (EP), Gedong Panjang
     Office (GP), Perwata, Cition, Hayam Wuruk (HW), Astha D8, Erajaya Digital (Erafone, Nasa, DCM), Erajaya Food & Nourishment (Paris Baguette), and Erajaya Beauty &
     Wellness (Wellings), and therefore is not directly comparable.

 3)   The conversion factor refers to the Guidelines for National Greenhouse Gas Inventory Implementation, Book II – Volume 1 – Methodology for Calculation of Greenhouse
      Gas Emission Levels, Ministry of Environment 2012.
      a. 1 kWh of electricity = 0.0036 GJ.
      b. 1 liter of gasoline = 0.033 GJ.
      c. 1 liter of diesel fuel = 0.036 GJ
 4)   Gasoline includes Pertalite.




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  INTENSITAS ENERGI [POJK F.6]                                          ENERGY INTENSITY [POJK F.6]
  Intensitas energi menunjukkan tingkat efisiensi pemakaian             Energy intensity indicates the level of efficiency in energy use
  energi yang digunakan untuk setiap satuan metrik produk               per metric unit of product produced. This ratio expresses the
  yang dihasilkan. Rasio ini menjelaskan besarnya energi yang           amount of energy needed per unit of output (product).
  diperlukan per unit keluaran (produk).


  Kami menghitung intensitas energi dari jumlah konsumsi                We calculate energy intensity by dividing total energy
  energi yang digunakan dibagi dengan penjualan neto (miliar            consumption by net sales (in billions of Rp). The lower the
  Rp). Semakin rendah nilai intensitas energi menunjukkan               energy intensity value, the more efficient Erajaya’s sales
  pemakaian energi yang semakin efisien terhadap aktivitas              operations are. In 2024, total energy intensity was 2,578 GJ per
  operasional penjualan Erajaya. Pada tahun 2024, jumlah                billion rupiah.
  intensitas energi sebesar 2.578 GJ per miliar rupiah.



                       Intensitas Energi                   Satuan           2024
                                                                                                   2023                    2022
                        Energy Intensity                    Unit

      Jumlah Konsumsi Energi                          GJ                           168.274                 5.465                   5.559
      Total Energy Consumption

      Penjualan Neto                                  juta Rp                       65.280                60.139                  49.471
      Net Sales                                       Rp million

      Intensitas Energi                               GJ/miliar Rp                   2.578                 0,091                   0,112
      Energy Intensity                                GJ/billion Rp



  INISIATIF EFISIENSI ENERGI [POJK F.7]                                 ENERGY EFFICIENCY INITIATIVE [POJK F.7]
  Program    efisiensi energi   Erajaya    diawali  dengan              Erajaya’s energy efficiency programs begin by instilling a
  menumbuhkan budaya hemat energi di kalangan karyawan,                 conservation culture in its employees, which is supported by
  didukung dengan langkah-langkah praktis seperti mengganti             practical measures such as replacing lighting systems with
  sistem pencahayaan dengan lampu LED hemat energi dan                  low-energy LED fixtures and regulating the use of electrical
  mengatur penggunaan peralatan listrik.                                equipment.




                                           Save Earth,
                                           Save Energy


                •      Memasang lampu LED yang lebih hemat energi       •   Installing more energy efficient LED lights in all
                       di semua area ruangan,                               room areas,
                •      Pemadaman lampu kantor dan pendingin udara       •   Automatically turning off office lighting an air
                       secara otomatis pada jam istirahat makan siang       conditioner during lunch breaks and after office
                       dan setelah jam kantor berakhir,                     hours,
                •      Pengaturan penggunaan lift,                      •   Setting the use of lifts,
                •      Memanfaatkan pencahayaan dari luar di siang      •   Utilizing natural light from outside during the day
                       hari untuk mengurangi jumlah pemakaian               in order to reduce the number of lamps used,
                       lampu,                                           •   Using energy-efficient electrical equipment with
                •      Menggunakan peralatan listrik yang hemat             inverter technology,
                       energi berteknologi inverter,                    •   Cultivating the culture of unplugging electrical
                •      Membudayakan        mencabut     stop   kontak       outlets and electronics after being used, such as
                       atau barang elektronik apabila telah selesai         computers, laptops, mobile phones, and pantry
                       digunakan seperti komputer, laptop, handphone        equipments,
                       dan peralatan pantry,
                •      Mengatur suhu ruangan agar tidak boros energi.   •   Setting the room temperature in order to be
                                                                            energy efficient.




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MENGGUNAKAN BAHAN                      BAKAR        SECARA         USING FUEL EFFICIENTLY [POJK F.7] [POJK F.12]
EFISIEN [POJK F.7] [POJK F.12]
Erajaya mengandalkan armada kendaraan operasional untuk            Erajaya relies on an operational fleet to distribute products
mendistribusikan produk dari produsen ke gudang pusat              from manufacturers to the central warehouse at Erajaya Plaza
di Erajaya Plaza, dan selanjutnya ke seluruh outlet kami di        and subsequently to our retail outlets across various regions
berbagai wilayah Indonesia. Mengingat skala distribusi yang        in Indonesia. Given the scale of our distribution network,
luas, penggunaan bahan bakar menjadi aspek penting yang            fuel consumption is a critical aspect that must be managed
perlu dikelola secara efisien untuk menghindari pemborosan,        efficiently to avoid waste, reduce operational expenses, and
menekan biaya operasional, serta mengurangi jejak emisi            minimize carbon emissions.
karbon.


Untuk itu, kami menerapkan strategi pengelolaan logistik yang      To address this, we have implemented a logistics management
berfokus pada efisiensi energi, antara lain melalui:               strategy focused on energy efficiency, using the following
                                                                   measures:
•   Optimalisasi       jadwal       pengiriman,    dengan          •    Optimizing delivery schedules by taking into account
    mempertimbangkan ketersediaan sumber daya dan                       resource availability and travel time to reduce unnecessary
    waktu tempuh guna meminimalkan waktu dan jarak                      delays and trips.
    tempuh yang tidak perlu.                                       •
•   Perencanaan rute terpendek dan tercepat, agar                  •    Planning the shortest and most efficient routes to ensure
    pengiriman lebih cepat dan hemat bahan bakar.                       faster deliveries and lower fuel consumption.
•   Pemilihan    kendaraan       operasional  yang  sesuai,        •    Selecting the most suitable operational vehicles for
    berdasarkan kapasitas angkut, efisiensi konsumsi bahan              specific deliveries based on capacity, fuel efficiency, and
    bakar, dan jarak distribusi.                                        distance.


Dengan langkah-langkah ini, Erajaya berkomitmen untuk              Through these efforts, Erajaya remains committed to
meningkatkan efisiensi distribusi sekaligus berkontribusi dalam    improving distribution efficiency while supporting carbon
upaya pengurangan emisi karbon dari sektor transportasi.           emission reduction in the transportation sector.


PENGGUNAAN ENERGI TERBARUKAN [POJK F.7]                            THE USE OF RENEWABLE ENERGY SOURCES
                                                                   [POJK F.7]
Erajaya belum memanfaatkan sumber energi terbarukan.               Erajaya does not yet utilize renewable energy sources. We
Kami merencanakan untuk memasang panel surya untuk                 intend to install solar panels for lighting systems over the next
sistem penerangan dalam beberapa tahun ke depan. Saat              few years. Currently, we provide several electric vehicle battery
ini kami menyediakan beberapa titik pengisian ulang baterai        recharging points for employees who use electric vehicles, and
kendaraan listrik bagi karyawan yang menggunakan kendaraan         we intend to use operational electric vehicles.
listrik dan sebagai bagian dari rencana kami ke depan untuk
menggunakan kendaraan listrik operasional.




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  Aspek Emisi
  Emission




  JUMLAH DAN INTENSITAS                                     EMISI          YANG             AMOUNT AND INTENSITY                                 OF     EMISSIONS
  DIHASILKAN [POJK F.11]                                                                    GENERATED [POJK F.11]
  Emisi yang dihasilkan dari kegiatan operasional Erajaya                                   Emissions generated from Erajaya’s operational activities
  dihitung berdasarkan jumlah konsumsi listrik dan konsumsi                                 are calculated based on the amount of electricity and fuel
  BBM dikalikan masing-masing faktor emisi. Nilai faktor emisi                              (gasoline) consumed, multiplied by their respective emission
  untuk listrik dan BBM (bensin) mengacu pada Pedoman Teknis                                factors. The emission factors for electricity and fuel are based
  Perhitungan Baseline Emisi Gas Rumah Kaca Sektor Energi                                   on the Technical Guidelines for Calculating Greenhouse Gas
  yang diterbitkan oleh Badan Perencanaan Pembangunan                                       Emission Baselines in the Energy Sector, issued by the National
  Nasional (Bappenas) tahun 2014. Sedangkan intensitas emisi                                Development Planning Agency (Bappenas) in 2014. Emission
  dihitung dengan membagi jumlah emisi dengan penjualan                                     intensity is calculated by dividing the total emissions by net
  neto dalam satuan miliar (Rp miliar).                                                     sales, expressed in billions of rupiah (Rp billion).


  Jumlah emisi pada tahun 2024 sebesar 33.870 ton CO2-eq dan                                In 2024, total emissions amounted to 33,870 tons of CO₂-eq,
  intensitas emisi sebesar 0,519 tpm CO2-eq per Rp miliar.                                  with an emission intensity of 0.519 tpm of CO₂-eq per Rp billion.




                                                                                                  2024
                                 Uraian | Description                                                                         2023                        2022


      Emisi dari konsumsi listrik (ton CO2-eq)                                                            33.858                        1.065                          999
      Emission from Electricity Consumption (ton CO2-eq)

      Emisi dari konsumsi BBM (ton CO2-eq)                                                                     12                          14                            4
      Emission from Fuel Consumption (ton CO2-eq)

      Jumlah Emisi (ton CO2-eq)                                                                           33.870                        1.079                         1.003
      Total Emission (ton CO2-eq)

      Penjualan Bersih (Rp juta)                                                                          65.280                      60.139                         49.471
      Net Sales (million Rp)

      Intensitas Emisi (ton CO2-eq per miliar Rp)                                                          0,519                        0,018                         0,020
      Emission Intensity (tons CO2-eq per billion Rp)

      Catatan:
      Faktor emisi energi menggunakan baseline emisi GRK sektor berbasis energi, Pedoman teknis perhitungan baseline emisi gas rumah kaca sektor berbasis energi -
      Bappenas, 2014:
      •     Sistem ketenagalistrikan Jawa-Madura-Bali = 0,000725 (ton CO2/kWh)
      •     BBM Bensin (termasuk Pertalite, Pertamax, Pertamax Plus) = 0,0026 (ton CO2/liter)

      Notes:
      Energy emission factors using energy-based sector GHG emission baseline, Technical Guidelines for Calculation of Baseline Greenhouse Gas
      Emissions in the Energy Sector - Bappenas, 2014:
      •     Java-Madura-Bali electricity system = 0.000725 (ton CO2/kWh)
      •     Gasoline (includes Pertalite, Pertamax, Pertamax Plus) = 0,0026 (ton CO2/liter)




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        Upaya Pengurangan Emisi
        Gas Buang [POJK F.12]
        Reducing Exhaust Emissions [POJK F.12]



         Erajaya mengoperasikan sejumlah kendaraan              Erajaya operates a fleet of fossil-fueled vehicles to
         berbahan bakar fosil untuk mendukung aktivitas         support its daily operational activities. We recognize
         operasional harian. Kami memahami bahwa                that these vehicles contribute to greenhouse
         kendaraan ini berkontribusi terhadap emisi gas         gas emissions through their exhaust. To ensure
         rumah kaca melalui gas buang yang dihasilkan.          emissions remain within the regulated threshold,
         Untuk menjaga emisi tetap dalam batas baku mutu        we consistently conducts regular maintenance and
         yang ditetapkan, kami secara konsisten melakukan       periodic emissions testing on all operational vehicles.
         perawatan rutin dan uji emisi berkala terhadap         Additionally, we ensure that all vehicles use fuel that
         seluruh armada kendaraan. Selain itu, kami             complies with engine standards and specifications
         memastikan penggunaan bahan bakar sesuai standar       to maintain efficiency and minimize environmental
         dan spesifikasi mesin untuk menjaga efisiensi serta    impact.
         mengurangi dampak lingkungan.




Aspek Air
Water


Air merupakan sumber daya esensial bagi kehidupan, namun         Water is a life-sustaining resource, but its availability is under
ketersediaannya semakin terancam akibat perubahan iklim.         threat from climate change. Excessive water extraction can
Pengambilan air yang berlebihan dapat menimbulkan dampak         harm the environment by lowering groundwater levels,
lingkungan seperti penurunan muka air tanah, berkurangnya        reducing access to clean water, and disrupting ecosystems.
sumber air bersih, serta terganggunya keseimbangan
ekosistem.


Dalam operasional kantor, Erajaya menggunakan air dari           Erajaya utilizes water from the local municipal supply (PDAM)
PDAM. Kami mendorong seluruh karyawan untuk menghemat            for its office operations. We encourage all employees to
penggunaan air melalui berbagai imbauan dan kebijakan            use water responsibly through internal reminders and
internal. Sejumlah inisiatif efisiensi juga telah diterapkan,    awareness campaigns. Several efficiency initiatives have also
seperti pemasangan keran otomatis pada wastafel serta            been implemented, such as installing automatic push taps in
pembangunan taman vertikal yang meminimalkan kebutuhan           washbasins and establishing vertical gardens to reduce water
air untuk penyiraman tanaman.                                    consumption for plant irrigation.




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                                                             Inisiatif Efisiensi Air
                         Save                                Water Efficiency Initiatives

                         Water
                                                             •    Menampung air hujan untuk keperluan mencuci kendaraan
                                                                  operasional dan menyiram tanaman,
                                                             •    Memeriksa instalasi air secara berkala untuk mendeteksi
                                                                  kebocoran pipa atau saluran,
                                                             •    Memperbaiki instalasi air yang bocor,
                                                             •    Menghimbau karyawan dan tamu untuk selalu menutup keran
                                                                  air hingga rapat.


                                                             •    Collect rainwater for washing operational vehicles and watering
                                                                  plants,
                                                             •    Inspect water installations periodically to detect leaks in pipes
                                                                  or channels,
                                                             •    Repair leaky water installations,
                                                             •    Urge employees and guests to always close the water taps
                                                                  tightly.




                                                                       Konsumsi Air [POJK F.8]
                                                                       Water Consumption



                                                             184.402                                         M3

                                                                     2022                   2023                   2024

                                                                    20.376                 25.519                197.776




         Catatan|Note:
         Mulai tahun 2024, data penggunaan air berasal dari Erajaya Plaza, Gedong Panjang, dan gerai-gerai ritel Erajaya Digital
         (Erafone, Nasa, DCM), Erajaya Food & Nourishment (Paris Baguette), dan Erajaya Beauty & Wellingness (Wellings)
         sehingga tidak dapat diperbandingkan dengan data tahun sebelumnya yang hanya berasal dari Erajaya Plaza.
         Starting in 2024, water usage data includes Erajaya Plaza, Gedong Panjang, and retail stores of Erajaya Digital (Erafone,
         Nasa, DCM), Erajaya Food & Nourishment (Paris Baguette), and Erajaya Beauty & Wellness (Wellings). As a result, the
         data is not comparable to previous years, which only covered Erajaya Plaza.




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Aspek Limbah                            [POJK F.13] [POJK F.14] [POJK F.15] [POJK F.16]

Waste




VOLUME LIMBAH BERDASARKAN JENIS [POJK                                WASTE VOLUME BY TYPE [POJK F.13]
F.13]
Untuk menjaga lingkungan kerja yang bersih dan nyaman,               To maintain a clean and comfortable working environment,
Erajaya menyediakan tempat sampah yang memadai di                    Erajaya provides adequate waste bins in both offices and retail
kantor dan seluruh gerai agar karyawan dan pelanggan dapat           outlets to encourage proper waste disposal based on type.
membuang sampah sesuai kategori. Kegiatan operasional                Our operations primarily produce non-hazardous waste, such
kami menghasilkan limbah non-B3 seperti kertas (termasuk             as paper (used packaging), plastic, glass, metal, and electronic
kemasan bekas), plastik, kaca, logam, dan elektronik. Pada           waste. In 2024, the total waste generated was 8.56 tons, down
tahun 2024, total limbah tercatat sebesar 8,56 ton, turun dari       slightly from 8.98 tons in 2023.
8,98 ton pada tahun 2023.


PENGELOLAAN LIMBAH [POJK F.14]                                       WASTE MANAGEMENT [POJK F.14]
Limbah yang dihasilkan dikumpulkan dan dikelola melalui kerja        Waste is collected and managed in collaboration with the local
sama dengan komunitas lokal di sekitar Erajaya Plaza untuk           communities surrounding Erajaya Plaza, and it is either sent
selanjutnya dibuang ke TPA atau dipilah jika masih memiliki          to final disposal sites or sorted if it has economic value. We
nilai guna. Saat ini, pencatatan berat dan pengelompokan             have yet to implement a systematic process for recording
limbah sebelum penjemputan oleh pihak ketiga belum                   and categorizing waste volume before it is collected by third
dilakukan secara sistematis.                                         parties.


TUMPAHAN YANG TERJADI [POJK F.15]                                    SPILL INCIDENTS [POJK F.15]
tahun pelaporan, tidak terdapat tumpahan limbah B3 cair dari         Throughout the reporting year, there were no hazardous
aktivitas operasional, karena kegiatan kami tidak menghasilkan       liquid waste spills, as our operations do not produce liquid
limbah jenis tersebut.                                               hazardous waste (B3).




Aspek Pengaduan Terkait Lingkungan Hidup
Environmental Complaint


JUMLAH PENGADUAN LINGKUNGAN HIDUP                                    NUMBER OF ENVIRONMENTAL COMPLAINT
YANG DITERIMA DAN DISELESAIKAN [POJK F.16]                           RECEIVED AND RESOLVED [POJK F.16]

Hingga saat ini, operasional Erajaya tidak menimbulkan               To date, Erajaya›s operations have had no significant negative
dampak negatif yang signifikan terhadap lingkungan maupun            impact on the environment or the surrounding communities.
masyarakat sekitar. Kegiatan kami tidak menyebabkan                  Our activities do not cause disturbances such as dust, noise,
gangguan seperti debu, kebisingan, atau genangan air.                or floods. The most noticeable impact is occasional traffic
Dampak yang paling terlihat adalah potensi kemacetan lalu            congestion on major roads during peak hours, which we
lintas di jalan utama pada jam-jam tertentu, yang kami tangani       alleviate by assigning security personnel to help manage
dengan menugaskan personel keamanan untuk membantu                   traffic flow. If an environmental complaint arises, the Erajaya
pengaturan lalu lintas. Jika terdapat keluhan terkait lingkungan,    Plaza Occupational Health and Safety (OHS) Team is ready to
Tim K3 Erajaya Plaza siap merespons dan menindaklanjutinya           respond swiftly and efficiently.
dengan cepat.




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  Pelestarian Alam
  Nature Conservation




  DAMPAK DARI WILAYAH OPERASIONAL YANG                             IMPACT OF OPERATIONAL AREAS LOCATED
  DEKAT ATAU BERADA DI DAERAH KONSERVASI                           NEAR OR WITHIN CONSERVATION ZONES OR
  ATAU MEMILIKI KEANEKARAGAMAN HAYATI                              AREAS WITH HIGH BIODIVERSITY [POJK F.9]
  [POJK F.9]
  Kegiatan operasional Erajaya Group tidak berlokasi di dalam      Erajaya Group’s operational activities are not located within
  atau berdekatan langsung dengan hutan lindung atau               or directly adjacent to protected forests or areas with high
  kawasan dengan tingkat keanekaragaman hayati yang tinggi.        levels of biodiversity. As such, the risk of direct impact on
  Dengan demikian, risiko dampak langsung terhadap kawasan         conservation zones is minimal.
  konservasi sangat minimal.


  USAHA     KONSERVASI                 KEANEKARAGAMAN              BIODIVERSITY CONSERVATION EFFORTS
  HAYATI [POJK F.10]                                               [POJK F.10]
  Pengelolaan lingkungan merupakan salah satu pilar                Environmental stewardship is one of the pillars of Erajaya’s
  inisiatif keberlanjutan Erajaya. Kami berkomitmen untuk          sustainability initiatives. We are committed to minimizing
  meminimalkan dampak lingkungan melalui berbagai program.         environmental impact through various programs. In 2024,
  Pada tahun 2024, salah satu sorotan utama adalah peluncuran      a key highlight was the launch of Wana Erajaya 2 program, a
  Program Wana Erajaya 2, yang merupakan kelanjutan                continuation of the original Wana Erajaya forest conservation
  dari program konservasi hutan Wana Erajaya yang telah            program implemented in Bogor Regency, West Java (2018–
  dilaksanakan di Kabupaten Bogor, Jawa Barat (2018–2023).         2023).


  Wana Erajaya 2 dimulai pada September 2024 dan berlokasi         Wana Erajaya 2 commenced in September 2024 and is located
  di Taman Hutan Raya (Tahura) Ir. H. Djuanda, Bandung, Jawa       in the Ir. H. Djuanda Grand Forest Park (Tahura), Bandung,
  Barat. Inisiatif ini bertujuan untuk memperkuat konservasi       West Java. The initiative aims to strengthen forest ecosystem
  ekosistem hutan, melindungi flora dan fauna endemik, serta       conservation, protect endemic flora and fauna, and support
  mendukung kesejahteraan masyarakat setempat melalui              local community welfare through eco-tourism-based MSME
  pemberdayaan UMKM berbasis ekowisata. Program ini                empowerment. The program is a collaborative effort between
  merupakan upaya kolaboratif antara Erajaya, Dinas Kehutanan      Erajaya, the Bandung Forestry Office, the Tahura Ir. H. Djuanda
  Bandung, unit pengelola Tahura Ir. H. Djuanda, dan UMKM          management unit, and local MSMEs.
  setempat.




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  Pengelolaan Human Capital
  HUMAN CAPITAL MANAGEMENT




                                 “Melalui pengembangan E-University,
                                 Erajaya berkomitmen untuk
                                 meningkatkan kompetensi dan
                                 kualitas karyawan sebagai fondasi
                                 bagi implementasi strategi bisnis
                                 yang efektif. Platform ini dirancang
                                 sebagai pusat pembelajaran yang
                                 komprehensif guna mempersiapkan
                                 karyawan menghadapi tantangan
                                 bisnis yang semakin dinamis dan
                                 kompetitif.”
                                 “Through the development of E-University, Erajaya
                                 is committed to enhancing employee competence
                                 and quality as a foundation for effective business
                                 strategy implementation. This platform is designed as a
                                 comprehensive learning hub to prepare employees for the
                                 increasingly dynamic and competitive business landscape.”




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   Biaya Pelatihan Karyawan                                   Jumlah Karyawan                      Komposisi Karyawan
   Employee Training Costs                                    Total Employees                      Perempuan
                                                                                                   Composition of Female
                                                                                                   Employees
   Rp
         4,48                                                 6.131
   Miliar | billion                                           karyawan | employees
                                                                                                   33%
   Realisasi biaya pelatihan karyawan tahun 2024,             Jumlah karyawan tahun                karyawan | employees
   turun 10% dibandingkan Rp5,00 miliar pada tahun            2024, naik 8% dari 5.675
   2023. Penurunan biaya pelatihan karena mayoritas           karyawan pada tahun 2023.
                                                                                                   Komposisi karyawan
   pelatihan diselenggarakan secara daring.
                                                              Total Employees in 2024,             Perempuan dari total
   Realized employee training costs in 2024, decreased        increased by 8% from 5,675           karyawan pada tahun 2024.
   by 10% compared to Rp5,00 billion in 2023. Reduced         employees in 2023.
                                                                                                   Composition of female
   training costs as the majority of training sessions are
                                                                                                   Employees from total
   conducted online.
                                                                                                   employees in 2024,
                                                                                                   increased from 32% in 2022.




Strategi Pengelolaan Talenta
TALENT MANAGEMENT STRATEGY


Strategi pengelolaan talenta di Erajaya memperhatikan 4 pilar       Erajaya’s talent management strategy is built upon four key
yakni Attract, Develop, Manage, dan Retain. Erajaya memberikan      pillars: Attract, Develop, Manage, and Retain. The company
kesempatan bagi karyawan untuk meningkatkan kapasitas dan           provides opportunities for employees to enhance their capacity
kapabilitas melalui program pengembangan kompetensi yang            and capabilities through competency development programs
dapat disesuaikan dengan minat dan potensi individu. Erajaya        tailored to individual interests and potential. Erajaya believes
meyakini dengan implementasi keempat pilar tersebut kami            that by implementing these four pillars, it can cultivate high-
dapat menciptakan talenta yang unggul untuk mendukung               performing talent to support sustainable business growth.
pertumbuhan bisnis yang berkelanjutan.


Dengan ekspansi usaha di tahun 2024, baik melalui pembukaan         With the company’s expansion in 2024, both in terms of new
gerai baru maupun penambahan portofolio produk, kebutuhan           store openings and portfolio diversification, the demand
akan sumber daya manusia yang kompeten menjadi semakin              for competent talent has become increasingly urgent. This
penting dan mendesak. Tantangan ini mendorong Erajaya               presents a challenge that drives Erajaya to continuously
untuk terus menyempurnakan proses pengembangan                      improve its internal talent development processes while also
talenta internal dan secara aktif menarik talenta eksternal         attracting external talent to ensure leadership succession
guna memastikan kesinambungan suksesi kepemimpinan di               across the Group’s operations.
seluruh lini bisnis.




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        Menciptakan talenta unggul untuk mendukung pertumbuhan bisnis yang berkelanjutan.
                                     Creating excellent talents to support sustainable business growth.




            ATTRACT                               DEVELOP                            MANAGE                              RETAIN
       Erajaya berkomitmen untuk            Erajaya menyediakan                Pengelolaan talenta dilakukan      Erajaya menjaga loyalitas
       menjadi employer of choice           berbagai program                   melalui sistem penilaian           dan keterlibatan karyawan
       dengan menciptakan citra             pengembangan kompetensi            kinerja yang objektif dan          melalui lingkungan kerja yang
       perusahaan yang positif dan          yang komprehensif dan              transparan, perencanaan            sehat, budaya perusahaan
       menarik di mata pencari              berkelanjutan, baik melalui        suksesi, serta pengelompokan       yang inklusif, serta sistem
       kerja. Melalui employer              pelatihan internal, e-learning     talenta berdasarkan potensi        penghargaan yang kompetitif.
       branding, kolaborasi dengan          melalui E-University,              dan kinerja. Proses ini            Karyawan yang merasa
       institusi pendidikan, serta          dan pelatihan eksternal.           memastikan setiap individu         dihargai dan memiliki ruang
       pemanfaatan platform digital,        Setiap karyawan diberikan          dapat berkembang secara            tumbuh akan cenderung
       Erajaya aktif mencari dan            kesempatan untuk                   optimal dan memberikan             bertahan dan berkontribusi
       menjaring talenta terbaik yang       mengembangkan kemampuan            kontribusi terbaik bagi            lebih besar terhadap
       sesuai dengan kebutuhan              teknis maupun kepemimpinan         perusahaan.                        keberhasilan perusahaan.
       strategis perusahaan.                sesuai dengan jalur karier
                                            yang diminatinya.                  Talent management is               Erajaya fosters employee
       Erajaya is committed to                                                 supported by a transparent         loyalty and engagement by
       becoming an employer of              The company offers                 and objective performance          providing a healthy work
       choice by building a strong          a comprehensive and                evaluation system, succession      environment, an inclusive
       employer brand and fostering         continuous talent                  planning, and talent mapping       corporate culture, and
       a positive corporate image.          development program,               based on potential and             competitive compensation
       Through strategic partnerships       including internal training,       performance. This ensures          and rewards. Employees who
       with educational institutions,       e-learning via E-University,       that individuals can reach their   feel valued and supported are
       digital recruitment platforms,       and external learning              full potential and contribute      more likely to stay and play an
       and employer branding                opportunities. Every employee      effectively to the organization.   integral role in the company’s
       initiatives, the company seeks       is encouraged to grow their                                           success.
       and attracts top talent aligned      technical skills and leadership
       with its business needs.             capabilities in line with their
                                            preferred career path.




  Keberagaman dan Kesetaraan
  DIVERSITY AND EQUALITY



  Erajaya menjunjung tinggi prinsip keberagaman dan                           Erajaya upholds the principles of diversity and equality as a
  kesetaraan sebagai fondasi dalam pengelolaan human capital.                 fundamental pillar of its human capital management. These
  Prinsip ini tercermin dalam pemberian peluang yang adil                     principles are reflected in the fair and inclusive opportunities
  tanpa memandang gender, latar belakang, maupun identitas                    provided to all individuals, regardless of gender, background,
  individu, baik dalam hal pengembangan karir, akses terhadap                 or identity, covering areas such as career advancement,
  program peningkatan kompetensi, hingga sistem remunerasi                    access to competency development programs, and equitable
  yang setara. Kami percaya bahwa lingkungan kerja yang                       remuneration. We believe that fostering an inclusive and fair
  inklusif dan berkeadilan akan mendorong produktivitas,                      work environment drives productivity, encourages innovation,
  inovasi, serta memperkuat budaya perusahaan yang sehat                      and strengthens a healthy and sustainable corporate culture.
  dan berkelanjutan.




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      KESETARAAN KESEMPATAN BEKERJA [POJK F.18]
      Equality of Employment




      Erajaya memberikan kesempatan berkarir yang setara bagi           Erajaya provides equal career opportunities for all individuals,
      semua individu, tanpa memandang jenis kelamin, agama,             regardless of gender, religion, ethnicity, or race. Our commitment
      suku, maupun ras. Komitmen terhadap prinsip kesetaraan dan        to equality and diversity is reflected in the presence of leaders
      keberagaman tercermin dari keberadaan pemimpin di setiap          at all organizational levels who come from diverse backgrounds.
      tingkatan organisasi yang berasal dari berbagai latar belakang.   Additionally, Erajaya actively promotes gender equality across
      Selain itu, Erajaya secara aktif mendorong kesetaraan gender,     all levels, from staff to executives, with women currently holding
      termasuk di tingkat staf hingga jajaran eksekutif, di mana 30%    30% of executive and Board of Directors positions.
      posisi eksekutif dan Direksi saat ini diisi oleh perempuan.




KEBERAGAMAN GENDER                                                      GENDER DIVERSITY
Pada tahun 2024, jumlah karyawan Erajaya sebanyak 6.131                 In 2024, the number of Erajaya employees was 6,131 people,
orang, naik 8% dari 5.675 orang pada tahun 2023. Praktik                up 8% from 5,675 people in 2023. Gender equality practices
kesetaraan gender di Erajaya tercermin dari komposisi                   at Erajaya are reflected in the composition of employees
karyawan yakni sekitar 33% perempuan dan 67% laki-laki di               year over year, with approximately 33% women and 67%
seluruh tingkatan organisasi. Komposisi ini tidak hanya terjadi         men across all levels of the organization. This composition is
di entry-level, tetapi juga tercermin hingga ke tingkat eksekutif       evident not only at the entry level but also extends to executive
dan Direksi.                                                            and board positions.


Kami memberikan kesempatan yang sama bagi perempuan                     We provide equal opportunities for women to grow and
untuk berkembang dan menduduki posisi kepemimpinan.                     take on leadership roles. Currently, 27 out of 90 employees
Saat ini, 27 dari 90 karyawan di tingkat eksekutif (30%) dan 8          at the executive level (30%) and 8 out of 35 members of
dari 35 anggota Direksi Erajaya (23%) merupakan perempuan.              Erajaya’s Board of Directors (23%), are women. These figures
Hal ini menunjukkan bahwa praktik kesetaraan telah berjalan             demonstrate that gender equality is well-implemented in
dengan baik dalam pengelolaan human capital di Erajaya.                 Erajaya’s human capital management.




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  Keberagaman Gender berdasarkan Level Jabatan
  Gender Diversity by Position Level

                                                                            Laki-Laki                   Perempuan                                    Persentase
                                                                              Male                        Female                                Perempuan di Setiap
                            Uraian                                                                                                Jumlah
                                                                                                                                                    Level Jabatan
                           Description                               Jumlah                        Jumlah                          Total
                                                                                        %                             %                         Percentage of Female
                                                                     Number                        Number                                        at Each Job Level (%)

      Entry-Level                                                      2.995             73          1.473             73          4.468                       33
      Mid-Level                                                          919             22            442             22          1.361                       32
      Senior Level                                                       123                3           54                3          177                       31
      Executives                                                          61                1           29                1           90                       32
      Boards                                                              27                1             8               0           35                       23
      Jumlah | Total                                                   4.125            100          2.006            100          6.131                       33

  Catatan | Note:
  Termasuk seluruh karyawan warga negara Indonesia, warga negara asing yang berdomisili di Indonesia, dan karyawan luar negeri di lini bisnis internasional.
  Including all Indonesian citizen employees, foreign citizens domiciled in Indonesia, and foreign employees in international business lines.


  Keberagaman Gender berdasarkan Usia
  Gender Diversity by Age

                                                                            Laki-Laki                   Perempuan                                    Persentase
                                                                              Male                        Female                                Perempuan di Setiap
                            Uraian                                                                                                Jumlah
                                                                                                                                                    Level Jabatan
                           Description                               Jumlah                        Jumlah                          Total
                                                                                        %                             %                         Percentage of Female
                                                                     Number                        Number                                        at Each Job Level (%)

      18-25 tahun | years old                                            551             13            490             24          1.041                       47
      26-35 tahun | years old                                          2.241             54          1.082             54          3.323                       33
      36-45 tahun | years old                                            986             24            321             16          1.307                       25
      46-55 tahun | years old                                            302                7           94                5          396                       24
      > 50 tahun | years old                                              45                1           19                1           64                       30
      Jumlah | Total                                                   4.125            100          2.006            100          6.131                       33




  Keberagaman Gender berdasarkan Status Ketenagakerjaan
  Gender Diversity by Employment Status

                                                                            Laki-Laki                   Perempuan                                    Persentase
                                                                              Male                        Female                                Perempuan di Setiap
                            Uraian                                                                                                Jumlah
                                                                                                                                                    Level Jabatan
                           Description                               Jumlah                        Jumlah                          Total
                                                                                        %                             %                         Percentage of Female
                                                                     Number                        Number                                        at Each Job Level (%)

      Karyawan Tetap| Permanent Employee                               3.861             94          1.837             92          5.698                       30
      Karyawan Sementara | Temporary Employee                            237                6          161                8          398                        3
      Jumlah | Total                                                   4.098                         1.998                         6.096                       33

  Catatan | Note:
  Tidak termasuk anggota Direksi dan Dewan Komisaris
  Excluding members of the Board of Directors and Board of Commissioners




  Karyawan Kontraktor atau Tenaga Kerja Tidak Langsung
  Contractor Employees or Indirect Labor

                                                                                                                                                     Persentase
                                                                                                                                                Perempuan di Setiap
                            Uraian                                          Laki-Laki                   Perempuan                 Jumlah
                                                                                                                                                    Level Jabatan
                           Description                                        Male                        Female                   Total
                                                                                                                                                Percentage of Female
                                                                                                                                                 at Each Job Level (%)

      Tenaga Kerja Lokal | Local Workers                                       8.245                          5.179               13.424                   39
      Tenaga Kerja Asing | Foreign Workers                                          -                             -                      -                     -
      Jumlah | Total                                                           5.179                          5.179               13.424                   39




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Kebijakan Perusahaan Terkait Penghormatan terhadap
Hak Asasi Manusia
COMPANY POLICY REGARDING RESPECT FOR HUMAN RIGHTS



Sampai akhir tahun 2024, Erajaya tidak mengeluarkan             As of the end of 2024, Erajaya has not issued any specific policies
kebijakan khusus terkait hak asasi manusia (HAM), pelecehan     related to human rights, sexual harassment, discrimination,
seksual dan praktik diskriminasi, serta praktik pekerja anak    child labor, and forced labor.
dan kerja paksa.


Namun demikian, Pedoman Perilaku Erajaya secara tegas dan       Nevertheless, the Erajaya Code of Conduct clearly and explicitly
eksplisit memuat pernyataan sebagai berikut:                    includes the following statements:
• Erajaya memberikan kesempatan yang sama kepada                • Erajaya provides equal opportunities for every employee
   setiap karyawan untuk berkarir dan mengembangkan                 to build a career and develop their potential within the
   potensinya di lingkungan perusahaan.                             company.
• Erajaya menjamin tidak adanya diskriminasi berdasarkan        • Erajaya guarantees the absence of discrimination based on
   SARA (suku, agama, ras, dan antar-golongan) atau                 ethnicity, religion, race, and inter-group affiliations (SARA),
   pemberian perlakuan khusus di lingkungan perusahaan.             or any form of preferential treatment within the company.
• Karyawan Erajaya berkomunikasi dengan santun dan tidak        • Erajaya employees are expected to communicate
   mengandung unsur diskriminasi gender dan pelecehan               respectfully and without elements of gender discrimination
   SARA.                                                            or ethnic, religious, racial, or inter-group harassment.
• Karyawan Erajaya bekerja secara harmonis, saling              • Erajaya employees work harmoniously, respect one
   menghormati, tidak melakukan tindakan dan ucapan yang            another, refrain from actions or language containing
   mengandung unsur pelecehan SARA dan tidak melakukan              discriminatory or harassing elements, and avoid
   tindakan intimidasi antar sesama insan Erajaya.                  intimidation of any kind.
• Karyawan Erajaya wajib berpakaian sopan, dilarang             • Erajaya employees are required to dress appropriately and
   melakukan tindakan yang mengandung unsur ancaman                 are prohibited from engaging in actions involving physical
   fisik maupun non fisik, perkelahian, dan pornografi.             or non-physical threats, fighting, or pornography.


Erajaya menyediakan sarana pelaporan Whistleblowing             Erajaya provides a Whistleblowing System as a reporting
System bagi pemangku kepentingan yang mengetahui adanya         mechanism for stakeholders who are aware of any violations
pelanggaran dan penyimpangan terhadap Pedoman Perilaku          or misconduct related to the Code of Conduct and Erajaya’s
dan Nilai-nilai Luhur Erajaya.                                  Core Values.


Setiap karyawan Erajaya yang terbukti melakukan pelanggaran     Any Erajaya employee found to have violated the Code of
Pedoman Perilaku akan dikenakan sanksi sesuai dengan            Conduct will be subject to sanctions in accordance with
ketentuan yang berlaku di perusahaan. Apabila pelanggaran       company regulations. If the violation involves a legal offense,
yang dilakukan terkait dengan pelanggaran hukum, dapat          it may be escalated to the relevant authorities for further legal
dilanjutkan atau dibawa ke pihak yang berwenang untuk           proceedings.
diproses sesuai dengan peraturan perundang-undangan yang
berlaku.


Pada tahun 2024, tidak ditemukan adanya kasus pelanggaran       In 2024, no cases were found related to human rights
HAM, pelecehan seksual, praktik diskriminasi, serta praktik     violations, sexual harassment, discrimination, child labor, or
pekerja anak dan kerja paksa di seluruh Erajaya Group.          forced labor across the Erajaya Group.




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                                                                    PEKERJA ANAK DAN
                                                                    KERJA PAKSA [POJK F.19]
                                                                    Child Labor and Forced Labor




          Erajaya secara tegas melarang praktik kerja paksa dan pekerja   Erajaya strictly prohibits all forms of forced labor and child labor
          anak di seluruh rantai bisnisnya. Komitmen ini diwujudkan       across its entire business chain. This commitment is reflected
          melalui kebijakan rekrutmen yang menetapkan usia minimum        in our recruitment policy, which sets the minimum employment
          karyawan adalah 18 tahun. Penetapan jam kerja di Erajaya        age at 18 years. Working hours are determined in accordance
          mengacu pada Undang-Undang Republik Indonesia Nomor             with Indonesian Law No. 11 of 2020 on Job Creation and
          11 Tahun 2020 tentang Cipta Kerja serta ketentuan dari          regulations from the Indonesian Ministry of Manpower. We are
          Kementerian Ketenagakerjaan RI. Kami memastikan bahwa           committed to ensuring that all entities within the Erajaya Group,
          seluruh entitas dalam Grup Erajaya maupun mitra kerja           as well as our partners, uphold the same human rights values.
          kami menjunjung tinggi nilai-nilai kemanusiaan yang sama.       Throughout 2024, no incidents of child labor or forced labor
          Sepanjang tahun 2024, tidak ditemukan adanya insiden pekerja    were identified within the Erajaya Group.
          anak maupun kerja paksa di lingkungan Grup Erajaya.




  Divisi Human Capital
  HUMAN CAPITAL DIVISION



  Aspek human capital di Erajaya mencakup pengelolaan dan                 The human capital aspect at Erajaya encompasses the
  penempatan talenta yang sesuai dengan kebutuhan bisnis,                 management and placement of talent aligned with the
  yang menjadi tanggung jawab utama Divisi Human Capital                  company’s business needs, which falls under the responsibility
  (HC). Divisi ini memegang peranan strategis sebagai mitra               of the Human Capital (HC) Division. This division plays a
  organisasi yang memberikan pandangan dalam membangun                    strategic role as an organizational partner, providing insights
  struktur yang sehat dan turut memfasilitasi pengembangan                for building a healthy structure and facilitating the development
  kompetensi para pemimpin agar sejalan dengan target bisnis              of leadership competencies to support the achievement of
  perusahaan.                                                             business objectives.


  Erajaya berkomitmen untuk terus meningkatkan skala                      Committed to continuously expanding its business scale,
  bisnisnya melalui berbagai inovasi tanpa henti. Seiring dengan          Erajaya embraces innovation as an ongoing effort. As new
  munculnya kebutuhan kompetensi dan keahlian baru, Divisi                competency and skill requirements emerge, the HC Division
  HC secara aktif beradaptasi dan melakukan improvisasi agar              actively adapts and improvises to meet organizational
  dapat merespons dinamika organisasi dengan lebih cepat                  needs more swiftly and effectively, especially amid the rapid
  dan efektif, terutama dalam menghadapi era digitalisasi yang            advancements in digitalization.
  berkembang pesat.




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 SASARAN DIVISI HC
 HC Division Objectives


    Memastikan keberlangsungan organisasi yang
    kompetitif untuk sukses mencapai sasarannya
    dan memastikan ketersediaan karyawan yang
    berkompeten.                                                                                      Sebagai mitra strategis yang
                                                                                                      memberi pandangan mengenai
    Ensuring the continuity of a competitive                                                          organisasi yang sehat, produktif,
    organization to successfully achieve its goals and                                                kompetitif, dan siap memfasilitasi
    ensuring the availability of competent employees.                                                 pengembangan kompetensi
                                                                                                      karyawan dan para pemimpin
                                                                                                      organisasi guna mencapai tujuan
                                                                                                      bisnis Erajaya.
           Meningkatkan kinerja berkesinambungan melalui program kerja Divisi
                                                                                                      Acts as a strategic partner that
           HC agar dapat memenuhi kebutuhan organisasi melalui cara-cara yang
                                                                                                      provides views on a healthy,
           lebih cepat, agile, efektif, dan efisien, antara lain melalui penggunaan
                                                                                                      productive, competitive
           digitalisasi pada proses bisnisnya.
                                                                                                      organization, and is ready
           Improving performance continuously through HC Division work                                to facilitate the competency
           programs, to meet organizational needs through faster, agile, effective,                   development of employees and
           and efficient ways, including through the use of digitalization in its                     organization leaders to achieve
           business processes.                                                                        Erajaya’s business goals.




Pengembangan Kompetensi
COMPETENCY DEVELOPMENT



Divisi Human HC menjalankan program kerja strategis yang                   The HC Division implements strategic work programs
melibatkan seluruh pemangku kepentingan utama, termasuk                    that engage all key stakeholders, including management,
manajemen, pimpinan divisi atau departemen, dan karyawan.                  department heads, and employees. These programs are
Program ini dirancang untuk membangun organisasi yang                      designed to build a healthy and measurable organization
sehat dan terukur melalui penerapan Organizational Health                  through the use of the Organizational Health Index (OHI),
Index (OHI), yang berfungsi sebagai indikator untuk menilai                which serves as an indicator to assess both organizational
kesehatan organisasi serta kualitas kompetensi karyawan.                   health and employee competence.


Untuk mencapainya, Divisi HC melaksanakan program                          To support this, the HC Division carries out integrated and
pengembangan kompetensi dan pengelolaan talenta secara                     cyclical talent development and management programs.
terintegrasi dan berkesinambungan. Proses ini mencakup                     These include identifying organizational and business
identifikasi kebutuhan organisasi dan bisnis, pemetaan dan                 needs, mapping and developing talent, and implementing
pengembangan talenta, hingga strategi retensi. Program juga                retention strategies. The programs also evaluate performance
mengevaluasi efektivitas kinerja serta memetakan kesiapan                  effectiveness and assess the readiness and availability of
calon pemimpin di setiap tingkatan sebagai bagian dari                     future leaders at every level as part of succession planning.
perencanaan suksesi. Program tersebut melibatkan indikator                 The program involves indicators of performance effectiveness
tingkat efektivitas kinerja serta menganalisis kondisi dan                 as well as analyzes the readiness level of prospective leaders
keberadaan tingkat kesiapan calon pemimpin atau suksesor                   or successors at each level.
pada setiap levelnya.




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          PERESMIAN E-UNIVERSITY
          The Innauguration of E-University

          Pada April 2024, Erajaya meresmikan Erajaya Corporate                 In April 2024, Erajaya officially launched the Erajaya Corporate
          University (E-University) yang berlokasi di Plaza Harco               University (E-University), located at Plaza Harco Mangga Dua,
          Mangga Dua, Jakarta Pusat, sebagai langkah strategis dalam            Central Jakarta, as a strategic initiative to strengthen human
          memperkuat pengembangan human capital di sektor ritel.                capital development in the retail sector. The inauguration
          Peresmian ini dihadiri oleh jajaran manajemen Erajaya Group           was attended by Erajaya Group’s management along with
          dan perwakilan dari Kementerian Pendidikan, Kebudayaan,               guests from the Ministry of Education, Culture, Research, and
          Riset, dan Teknologi, Kementerian Ketenagakerjaan, HIPPINDO,          Technology, the Ministry of Manpower, the Indonesian Shopping
          serta mitra bisnis lainnya, menunjukkan sinergi lintas sektor         Center Tenant Association (HIPPINDO), and other business
          dalam mendukung peningkatan kualitas tenaga kerja nasional.           partners, demonstrating strong cross-sector collaboration to
                                                                                enhance the quality of the national workforce.

          E-University dirancang untuk menyediakan kurikulum yang               E-University is designed to provide a curriculum tailored to
          relevan dengan kebutuhan industri ritel, dengan pendekatan            the human resource development needs of the retail industry,
          pembelajaran fleksibel dan hasil pembelajaran yang terukur.           offering flexible learning methods with measurable outcomes.
          Kehadiran fasilitas ini diharapkan dapat menciptakan budaya           Its presence aims to foster a culture of continuous learning
          pembelajaran berkelanjutan, sekaligus memperkuat daya                 while enhancing the competitiveness of Erajaya’s employees.
          saing karyawan Erajaya. Dilengkapi dengan berbagai fasilitas          Equipped with various learning facilities such as training rooms,
          pendukung seperti ruang kelas, area diskusi, gamifikasi, replika      focus group discussion areas, gamification modules, a replica
          toko ritel, auditorium, studio produksi konten, perpustakaan,         of an Erajaya retail store, an auditorium, a content production
          hingga perangkat virtual reality, E-University menjadi ekosistem      studio, a library, and virtual reality devices, E-University serves
          pembelajaran terpadu yang mendukung pertumbuhan bisnis                as a comprehensive learning ecosystem that supports Erajaya’s
          Erajaya secara berkelanjutan.                                         sustainable business growth.




                                                   “Kami berharap E-University dapat menjadi mesin
                                                   penggerak bagi proses pembelajaran dan pengembangan
                                                   kompetensi karyawan yang komprehensif sehingga mereka
                                                   mampu bersaing menghadapi tantangan bisnis yang
                                                   semakin kompetitif.”

                                                   “We hope that E-University will become a driving force for the comprehensive learning and
                                                   competency development process for employees, enabling them to compete and face the
                                                   increasingly competitive business challenges.”




                                                   Hasan Aula
                                                   Wakil Direktur Utama Erajaya
                                                   Erajaya Vice President Director




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                             PENGEMBANGAN KOMPETENSI
                             TAHUN 2024 [POJK F.22]
                             Competence Development in 2024




13.933                                              1.718 14,53                                                                      Jam | Hours



Peserta Pelatihan                                   Modul Pelatihan                                Rata-rata jam pelatihan per karyawan
Training Participants                               Training Modules                               Average training hour per employee



Catatan | Note:
Termasuk seluruh karyawan warga negara Indonesia, warga negara asing yang berada di Indonesia, dan karyawan luar negeri di Bisnis Internasional.
Including all Indonesian citizen employees, foreign citizens residing in Indonesia, and overseas employees in International Business.




Peserta Pelatihan
Training Participant

                            Uraian                                    2024                2023                                  Description

 Entry-Level                                                          12.600             10.942                                                           Entry-Level
 Mid-Level                                                               940                 841                                                            Mid-Level
 Senior Level                                                            361                  87                                                         Senior Level
 Executives                                                               32                  11                                                           Executives
 Boards                                                                                                                                                        Boards
 Jumlah                                                              13.933              11.881                                                                  Total


Modul Pelatihan
Training Modules

                            Uraian                                    2024                2023                                  Description

 Product Knowledge                                                       925               1.018                                                Product Knowledge
 Soft Competency                                                          73                 162                                                   Soft Competency
 Technical Competency                                                    137                 538                                            Technical Competency
 Jumlah                                                                1.135               1.718                                                                 Total



Realisasi Biaya Pelatihan
Training Cost Realization
                                                                                                                                Dalam juta rupiah | In millions of rupiah

                            Uraian                                    2024                2023                                  Description

 PT Erajaya Swasembada Tbk                                            675,69            3.242,50                                                Product Knowledge
 Erajaya Digital                                                    4.323,53              896,37                                                   Soft Competency
 Erajaya Active Lifestyle                                                    -            343,33                                            Technical Competency
 Jumlah                                                             4.999,22            4.482,20                                                                 Total




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  Unit Change Management
  CHANGE MANAGEMENT UNIT


  Erajaya memiliki Unit Change Management yang bertanggung            Erajaya has established a Change Management Unit
  jawab memastikan komunikasi internal antar karyawan dapat           responsible for ensuring effective internal communication
  terhubung secara efektif melalui pemanfaatan teknologi. Unit        among employees through the use of technology. This unit
  ini memainkan peran strategis dalam mendorong transformasi          plays a strategic role in driving a cultural transformation
  budaya kerja, dengan tujuan mengubah, meningkatkan,                 within the organization by changing, enhancing, and renewing
  dan memperbarui nilai-nilai perusahaan, cara kerja, serta           corporate values, work processes, and learning approaches.
  pendekatan pembelajaran. Semua ini dilakukan untuk                  The ultimate goal is to ensure that employees are well-
  memastikan karyawan dapat beradaptasi secara optimal                equipped to adapt to any business transformation that takes
  terhadap berbagai perubahan bisnis yang terjadi.                    place.


  Implementasi tanggung jawab ini diwujudkan melalui berbagai         This responsibility is carried out through various strategic
  proyek perubahan strategis, seperti pelaksanaan System              change projects, such as the implementation of the System
  Application and Processing (SAP) untuk meningkatkan efisiensi       Application and Processing (SAP) to improve operational
  operasional perusahaan. Selain itu, Unit Change Management          efficiency. Additionally, the Change Management Unit
  juga menginisiasi sosialisasi dan internalisasi nilai-nilai luhur   spearheads the socialization and integration of Erajaya’s
  Erajaya yang terangkum dalam prinsip ILEAD: Innovation,             core values encapsulated in the ILEAD principles: Innovation,
  Leadership, Excellent Customer Service, Agility, dan Digital,       Leadership, Excellent Customer Service, Agility, and Digital,
  sebagai landasan budaya kerja yang adaptif dan berorientasi         which serve as the foundation for an adaptive and future-
  masa depan.                                                         ready work culture.




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                                                                                     SISTEM TEKNOLOGI
                                                                                     DIGITAL HC - QLEAP
                                                                                     HC Digital technology - QLEAP




     Divisi HC Erajaya terus berinovasi dengan mengembangkan              Erajaya’s HC Division continues to innovate by developing digital
     sistem berbasis teknologi digital guna mempercepat                   technology systems that accelerate transformation and provide
     transformasi dan memberikan akses yang mudah bagi seluruh            seamless access for all employees anytime and anywhere.
     karyawan kapan pun dan di mana pun mereka berada. Inovasi            This innovation is aligned with the company’s mission to drive
     ini selaras dengan misi perusahaan untuk mendorong efisiensi         efficiency and strengthen a data-driven, digital work culture.
     serta penguatan budaya kerja berbasis data dan digitalisasi.

     Seiring dengan pesatnya pertumbuhan organisasi dan ekspansi          As the organization grows rapidly and business expansion
     bisnis, aplikasi digital internal Erajaya, yaitu QLEAP, berevolusi   accelerates, Erajaya’s internal digital platform, QLEAP, has
     menjadi platform komprehensif yang tidak hanya mendukung             evolved into a comprehensive system that not only supports
     pengelolaan administrasi, tetapi juga menjadi sumber utama           administrative management but also serves as a key source of
     data dan analisis. QLEAP kini difokuskan untuk mendorong             data and analytics. QLEAP is now focused on enabling talent
     pengembangan talenta, meningkatkan produktivitas, serta              development, enhancing employee productivity, and reinforcing
     memperkuat infrastruktur digital Erajaya.                            Erajaya’s digital infrastructure.

     QLEAP memiliki berbagai fitur strategis seperti:                     QLEAP includes a variety of strategic features such as:
     • Performance Management: sistem penilaian kinerja berbasis          • Performance Management: a digital system for employee
        digital.                                                             performance evaluation.
     • Erajaya Achievement Award: wadah ide karyawan untuk                • Erajaya Achievement Award: a platform for employees to
        program perbaikan berkelanjutan.                                     submit improvement ideas.
     • Checklist Monitoring System: membantu pemantauan                   • Checklist Monitoring System: supports store operation
        operasional gerai.                                                   monitoring.
     • Learning Platform Integration: integrasi sistem pembelajaran       • Learning Platform Integration: collaborates with external
        dengan mitra eksternal.                                              partners to enhance learning systems.
     • Management Trainee: platform pelatihan dan pengembangan            • Management Trainee: a training and development platform
        calon pemimpin.                                                      for future leaders.
     • Virtual Job Fair: informasi rekrutmen dan pencarian kandidat.      • Virtual Job Fair: provides recruitment and candidate search
                                                                             information.
     •   Organization Health Index (OHI): alat ukur kesehatan             • Organization Health Index (OHI): a tool to assess
         organisasi.                                                         organizational health.
     •   E-PCN: digitalisasi proses perubahan status karyawan.            • E-PCN: digitalizes employee status change processes.
     •   SAP Support: mendukung transisi sistem kerja baru.               • SAP Support: supports the transition to a new work system.
     •   HC Productivity Monitoring: alat pemantauan produktivitas        • HC Productivity Monitoring: tracks employee productivity
         karyawan.                                                           metrics.
     •   Offboarding & SOP: sistem pemantauan aset saat proses            • Offboarding & SOP: monitors assets during the resignation
         resign.                                                             process.
     •   SOP Portal: akses ke informasi prosedur kerja dan                • SOP Portal: provides access to work procedure information
         konsekuensinya.                                                     and policies.
     •   CSR System: platform untuk informasi kegiatan sosial seperti     • CSR System: hosts corporate social events, such as blood
         donor darah dan program beasiswa.                                   drives and scholarship programs.
     •   Legal System: layanan digital untuk keperluan Departemen         • Legal System: offers digital services for the Legal Department.
         Legal.
     •   Facility Issue Reporting: pelaporan kendala operasional secara   •   Facility Issue Reporting: enables real-time reporting of
         real-time.                                                           operational issues.

     Melalui QLEAP, Erajaya tidak hanya membangun ekosistem               Through QLEAP, Erajaya is not only creating a more efficient and
     kerja yang lebih efisien dan terukur, tetapi juga menciptakan        measurable work ecosystem but also laying a strong foundation
     fondasi yang kuat bagi pengembangan sumber daya manusia              for future-ready, tech-driven human capital development.
     berbasis teknologi masa depan.




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  Talent Acquisition and Assessment Center
  TALENT ACQUISITION AND ASSESSMENT CENTER


  Talent Acquisition and Assessment Center merupakan bagian              The Talent Acquisition and Assessment Center is a strategic
  strategis dalam manajemen human capital Erajaya yang                   pillar within Erajaya’s human capital management,
  bertanggung jawab memastikan ketersediaan talenta sesuai               responsible for ensuring the availability of talent that meets
  dengan kebutuhan organisasi, baik dari sisi kompetensi                 the organization’s needs, both in terms of qualifications and
  maupun kesesuaian dengan nilai-nilai budaya Erajaya Group.             alignment with the Erajaya Group’s core values and culture.
  Unit ini tidak hanya berperan dalam proses rekrutmen, tetapi           This unit plays a critical role not only in recruitment but also
  juga dalam pengembangan sistem evaluasi untuk pemetaan                 in talent evaluation to support potential mapping and overall
  potensi karyawan dan peningkatan kualitas organisasi.                  organizational health.


  Dalam menghadapi tantangan untuk menyediakan talenta                   To meet the growing demand for qualified talent, the Talent
  yang tepat, Talent Acquisition membangun kemitraan strategis,          Acquisition team has forged strategic partnerships, including
  seperti menjadi mitra dalam program Kampus Merdeka yang                collaboration with the government’s Kampus Merdeka
  digagas pemerintah, serta bekerja sama dengan institusi                program and leading educational institutions. Additional
  pendidikan unggulan. Upaya lainnya termasuk pemanfaatan                initiatives include internal job postings (candidate referrals),
  internal job posting (referensi kandidat), pemanfaatan berbagai        job portals, and proactive company branding through social
  job portal, dan penguatan company branding melalui platform            media platforms such as LinkedIn, Instagram, and TikTok to
  media sosial seperti LinkedIn, Instagram, dan TikTok guna              attract digitally native and next-generation talent.
  menarik perhatian talenta dari generasi muda yang lebih
  digital-savvy.


  Untuk meningkatkan efektivitas dan efisiensi proses, Erajaya           To improve process efficiency and effectiveness, Erajaya has
  mengembangkan sistem e-recruitment dan Application                     developed a digital recruitment system and an integrated
  Tracking System (ATS) yang mengintegrasikan seluruh alur               Application Tracking System (ATS). This system streamlines
  rekrutmen dengan pemanfaatan asesmen daring. Sistem ini                the entire recruitment workflow and incorporates online
  dirancang untuk mempercepat proses rekrutmen, mendukung                assessments, enabling faster hiring processes that support
  pengembangan organisasi, dan menciptakan pengalaman                    business acceleration, organizational development, and
  kandidat yang unggul.                                                  enhanced candidate experience.


  Pada tahun 2024, sebanyak 710 karyawan dari berbagai                   In 2024, a total of 710 employees across various levels
  jenjang jabatan menjalani asesmen untuk mengevaluasi dan               underwent competency diagnostic assessments. The results
  mendiagnosa kompetensinya. Hasil dari asesmen ini menjadi              contributed to internal talent mapping and served as input
  dasar dalam pemetaan talenta internal dan penilaian kondisi            for evaluating the organizational health of Erajaya. In parallel,
  kesehatan organisasi. Sementara itu, 2.070 kandidat eksternal          2,070 external candidates completed online assessments as
  telah mengikuti asesmen daring sebagai bagian dari proses              part of the recruitment process for new employees within the
  seleksi karyawan baru di lingkungan Erajaya Group.                     Erajaya Group.




  Kompensasi dan Benefit
  COMPENSATION AND BENEFITS



  Erajaya menerapkan kebijakan kompensasi yang mengedepankan             Erajaya implements a compensation policy based on the
  prinsip meritokrasi, yaitu sistem penghargaan berbasis prestasi yang   principle of meritocracy, a merit-based reward system that
  menghargai pencapaian individu dan tim. Melalui pendekatan ini,        recognizes individual and team achievements. Through this
  kami memastikan bahwa setiap karyawan memperoleh remunerasi            approach, we ensure that every employee receives fair and
  yang adil dan proporsional berdasarkan kontribusi, pencapaian          proportionate remuneration aligned with their contributions,
  kinerja, serta tanggung jawab yang diemban. Sistem ini bertujuan       performance, and responsibilities. This system aims to foster
  untuk menumbuhkan budaya yang berorientasi pada kinerja, di            a performance-driven culture where accomplishments are
  mana pencapaian diakui dan diberi penghargaan secara objektif.         objectively recognized and rewarded.




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Selain gaji yang kompetitif dan insentif berbasis kinerja,             In addition to competitive salaries and performance-based
Erajaya juga menyediakan berbagai tunjangan non-tunai                  incentives, Erajaya also provides a range of non-cash benefits
untuk meningkatkan kesejahteraan dan kepuasan kerja                    to promote employee well-being and job satisfaction. These
karyawan. Manfaat ini mencakup program asuransi kesehatan,             include health insurance programs, employee wellness
inisiatif kesejahteraan karyawan, kebijakan cuti yang fleksibel,       initiatives, flexible leave policies, continuous learning and
kesempatan belajar dan pengembangan berkelanjutan,                     development opportunities, and supportive workplace
serta fasilitas tempat kerja yang mendukung produktivitas.             facilities. Through this holistic approach, Erajaya is committed
Melalui pendekatan holistik ini, Erajaya berkomitmen untuk             to not only retaining top talent but also enhancing the overall
tidak hanya mempertahankan talenta terbaik tetapi juga                 quality of work life for all its people.
meningkatkan kualitas kehidupan kerja secara keseluruhan
bagi semua karyawannya.




                       UPAH MINIMUM REGIONAL [POJK F.20]
                       Regional Minimum Wages




          Erajaya memastikan besaran gaji pokok yang diterima
          semua karyawan tetap di level terendah sama atau lebih
          tinggi dari besaran Upah Minimum Regional (UMR) atau
          Upah Minimum Kabupaten/Kota (UMK) yang ditetapkan oleh
          pemerintah daerah setempat. Kebijakan ini berlaku untuk
          seluruh Grup Erajaya.
          Erajaya ensures that the amount of basic salary received by all
          permanent employees at the lowest level is higher than the Regional
          Minimum Wage (UMR) or Local Minimum Wage (UMK) set by the
          local government. A similar policy applies to all Erajaya Group.




Upah Terendah Karyawan terhadap UMK di Wilayah Operasional Erajaya Tahun 2024
The Lowest Employee Wage and the UMK in the Erajaya Operational Area in 2024

                    Wilayah Operasional                             UMK                   Upah Terendah Karyawan
                                                                                                                              %
                      Operational Area                    Local Minimum Wages (Rp)        Employee Lowest Salary (Rp)

 Kota Banda Aceh                                                   3.660.898,00                   3.661.000,00              100%
 Kota Denpasar                                                     3.318.628,06                   3.319.000,00              100%
 Kota Serang                                                       4.560.894,85                   4.561.000,00              100%
 Kota Bengkulu                                                     2.751.802,29                   2.752.000,00              100%
 Kota Yogyakarta                                                   2.216.463,00                   2.216.500,00              100%
 DKI Jakarta                                                       5.067.381,00                   5.067.500,00              100%
 Kota Gorontalo                                                    3.025.100,00                   3.025.500,00              100%
 Kota Jambi                                                        3.387.064,00                   3.387.500,00              100%
 Kota Bandung                                                      3.527.967,00                   3.528.000,00              100%
 Kota Semarang                                                     2.582.287,00                   2.582.500,00              100%
 Kota Surabaya                                                     4.725.479,00                   4.725.500,00              100%
 Kota Pontianak                                                    2.840.206,00                   2.840.500,00              100%
 Kota Banjarmasin                                                  3.379.513,74                   3.380.000,00              100%




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                        Wilayah Operasional                        UMK                     Upah Terendah Karyawan
                                                                                                                                  %
                          Operational Area               Local Minimum Wages (Rp)          Employee Lowest Salary (Rp)
      Kota Palangkaraya                                           3.310.004,00                     3.310.500,00                 100%
      Kota Balikpapan                                             3.475.595,00                     3.476.000,00                 100%
      Kota Pangkalpinang                                          3.640.000,00                     3.640.000,00                 100%
      Kota Batam                                                  4.685.050,00                     4.685.500,00                 100%
      Kota Bandar Lampung                                         3.103.631,00                     3.104.000,00                 100%
      Kota Ambon                                                  2.991.299,00                     2.991.500,00                 100%
      Kota Kupang                                                 2.250.419,21                     2.250.500,00                 100%
      Kota Pekanbaru                                              3.451.584,95                     3.452.000,00                 100%
      Kabupaten Mamuju                                            2.932.094,20                     2.932.500,00                 100%
      Kota Makassar                                               3.643.321,00                     3.643.500,00                 100%
      Kota Palu                                                   3.179.895,00                     3.180.000,00                 100%
      Kota Kendari                                                3.112.103,10                     3.112.500,00                 100%
      Kota Manado                                                 3.590.858,00                     3.591.000,00                 100%
      Kota Padang                                                 2.811.449,27                     2.811.500,00                 100%
      Kota Palembang                                              3.677.592,00                     3.678.000,00                 100%
      Kota Medan                                                  3.769.082,00                     3.769.500,00                 100%



  FASILITAS DAN BENEFIT LAIN-LAIN                                     OTHER FACILITIES AND BENEFITS
  Selain remunerasi, Erajaya memberikan manfaat dan fasilitas         Apart from remuneration, Erajaya provides other benefits and
  lainnya bagi karyawan sebagai berikut:                              facilities for employees as follows:
  1. Fasilitas Pinjaman Keuangan                                      1. Financial Loan Facility
      Karyawan yang sudah menjadi anggota Koperasi Karyawan                Employees who are already members of the Erajaya
      Erajaya, berhak mendapatkan fasilitas pinjaman koperasi              Employee Cooperative are entitled to a cooperative loan
      dengan suku bunga ringan atau fasilitas kredit pembelian             facility with low interest rates or a credit facility to purchase
      perangkat telekomunikasi.                                            telecommunications equipment.
  2. Fasilitas Cuti                                                   2. Leave Facilities
      Erajaya memberikan hak cuti kepada karyawan termasuk                 Erajaya gives leave entitlements to employees, including
      cuti melahirkan, gugur kandungan, dan istirahat haid                 maternity, miscarriage, and menstruation leave for female
      bagi karyawan perempuan, serta istirahat sakit dan cuti              employees, as well as sick breaks and leave for religious
      menunaikan ibadah agama.                                             worship.
  3. Ruang Laktasi                                                    3. Lactation Room
      Erajaya menyediakan ruang laktasi untuk mendukung                    Erajaya provides lactation rooms to support the
      program pemerintah pemberian Air Susu Ibu (ASI) eksklusif            government’s exclusive breastfeeding (ASI) program for
      bagi karyawan wanita yang masih memberikan ASI untuk                 female employees who are still breastfeeding children
      anak berusia 0 – 6 bulan.                                            aged 0-6 months.
  4. Ruang Multifungsi                                                4. Multifunction Room
      Erajaya Group menyediakan ruang multifungsi bagi                     Erajaya Group provides multifunctional rooms for
      karyawan untuk melaksanakan aktivitas seperti berbagai               employees to carry out activities such as various trainings,
      pelatihan, program corporate wellness, dan berbagai                  corporate wellness programs, and various other activities.
      kegiatan lainnya.
  5. Fasilitas Olahraga                                               5. Sports Facilities
      Erajaya menyediakan fasilitas olah raga untuk karyawan             Erajaya provides sports facilities for employees, such as
      seperti lapangan basket, futsal, dan bulutangkis.                  basketball, futsal and badminton courts.




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Perputaran Karyawan
EMPLOYEE TURNOVER


Perputaran karyawan merupakan dinamika yang wajar dalam          Employee turnover is a natural dynamic in any organization,
setiap organisasi, yang dapat disebabkan oleh berbagai faktor    driven by various factors such as retirement, voluntary
seperti pensiun, pengunduran diri, berakhirnya masa kontrak      resignation, the end of employment contracts, or termination
kerja, maupun pemutusan hubungan kerja karena alasan             for specific reasons.
tertentu.


Sepanjang tahun 2024, total 838 karyawan meninggalkan            Throughout 2024, a total of 838 employees left Erajaya,
Erajaya, yang terdiri dari 687 karyawan yang mengundurkan        consisting of 687 resignations and 151 terminations. During
diri dan 151 karyawan yang diberhentikan. Di saat yang sama,     the same period, Erajaya hired 1,161 new employees and
Erajaya juga merekrut 1.161 karyawan baru dan menunjuk 533       appointed 533 replacement employees.
karyawan sebagai pengganti.


Dengan total karyawan per 31 Desember 2023 sebanyak 5.675        With a total headcount of 5,675 employees as of December 31,
orang dan meningkat menjadi 6.131 orang pada akhir tahun         2023, and an increase to 6,131 employees by the end of 2024,
2024, maka rata-rata jumlah karyawan selama tahun berjalan       the average workforce for the year was 5,903 employees.
adalah 5.903 orang. Berdasarkan data tersebut, tingkat           Based on this figure, Erajaya’s employee turnover rate in
turnover karyawan Erajaya di tahun 2024 tercatat sebesar         2024 stood at 14.19%. This reflects an adaptive human capital
14,19%. Angka ini mencerminkan pengelolaan human capital         management approach that aligns with the evolving dynamics
yang adaptif terhadap dinamika dan kebutuhan bisnis yang         and needs of the business.
terus berkembang.



Menyediakan Lingkungan Kerja yang Layak, Aman, dan Nyaman [POJK F.21]
PROVIDING A DECENT, SAFE, AND COMFORTABLE WORK ENVIRONMENT




       “Erajaya percaya bahwa kesehatan mental dan fisik karyawan berperan
       penting dalam meningkatkan produktivitas kerja. Karena itu, kami
       berkomitmen untuk menciptakan lingkungan kerja yang layak, aman, dan
       nyaman, sekaligus membina hubungan kerja yang harmonis dan saling
       menghargai dengan seluruh karyawan.”

       “Erajaya believes that employees’ mental and physical well-being plays a crucial role in driving productivity.
       Therefore, we are committed to providing a decent, safe, and comfortable work environment while
       fostering a harmonious and respectful working relationship with all employees..”



Kegiatan usaha Erajaya tergolong memiliki risiko kecelakaan      Erajaya’s business operations are generally categorized
kerja yang relatif rendah. Namun demikian, kami tetap            as having a relatively low risk of workplace accidents.
menunjukkan komitmen penuh terhadap keselamatan                  Nevertheless, we remain fully committed to ensuring the
dan perlindungan seluruh karyawan dalam menjalankan              safety and protection of all employees in the course of their
tugasnya. Untuk itu, Erajaya secara konsisten membangun          duties. To support this, Erajaya consistently builds and instills
dan menanamkan budaya Keselamatan dan Kesehatan Kerja            a culture of Occupational Health and Safety (OHS) throughout
(K3) kepada seluruh insan perusahaan.                            the organization.




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  Kami membentuk Emergency Response Team (ERT) yang                   We have established an Emergency Response Team (ERT),
  berperan penting dalam proses evakuasi karyawan saat                which plays a crucial role in facilitating employee evacuation
  terjadi situasi darurat di kantor pusat Erajaya Plaza. ERT secara   during emergencies at our head office, Erajaya Plaza. The ERT
  berkala melakukan sosialisasi guna meningkatkan kesadaran           regularly conducts awareness sessions to enhance employee
  akan keselamatan kerja, termasuk pemahaman prosedur                 understanding of safety procedures, including evacuation
  evakuasi dalam kondisi bencana, serta memastikan kesiapan           protocols during disasters, and ensures the readiness and
  dan keberadaan Alat Pemadam Api Ringan (APAR) di titik-             proper placement of fire extinguishers (APAR) in strategic
  titik strategis. Selain itu, pemeriksaan rutin dilakukan untuk      locations. Routine inspections are also carried out to confirm
  menjamin bahwa seluruh area kantor memenuhi standar                 that office areas comply with applicable safety standards.
  keselamatan yang ditetapkan oleh regulasi.


  Erajaya percaya bahwa lingkungan kerja yang sehat                   Erajaya believes that a healthy and safe work environment,
  dan aman, serta berlandaskan praktik kerja yang adil,               grounded in fair employment practices, contributes to
  berkontribusi pada keberlanjutan bisnis, membantu menarik           business sustainability, helps attract and retain top talent, and
  dan mempertahankan talenta terbaik, serta mendorong                 drives increased productivity. As of the end of 2024, there were
  peningkatan produktivitas. Hingga akhir tahun 2024, tidak           no serious workplace accidents recorded at our head office,
  tercatat adanya kasus kecelakaan kerja yang serius di kantor        Erajaya Plaza. However, we did register 19 incidents involving
  pusat Erajaya, namun kami mencatat adanya 19 kasus                  employees: 3 within office premises and 16 traffic accidents
  kecelakaan kerja yang dialami karyawan, dimana 3 kecelakaan         occurring during commutes to or from work.
  terjadi di lingkup kantor dan 16 kecelakaan lalu lintas saat
  karyawan dalam perjanan menuju atau pulang kantor.


  Tanggung jawab perusahaan antara lain memberikan informasi          The company’s responsibilities include providing clear
  tata cara dan alur pelaporan ke HRD ketika terjadi kecelakaan       guidelines and reporting procedures to Human Resources in
  kerja agar perusahaan dapat memberikan dukungan sesuai              the event of a workplace accident so that appropriate support
  peraturan perusahaan serta berkoordinasi dengan BPJS                can be given in accordance with company regulation, in
  Ketenagakerjaan atau asuransi mandiri.                              coordination with BPJS Ketenagakerjaan or private insurance
                                                                      providers.


  KEBIJAKAN TENTANG KESEHATAN, KESELAMATAN                            POLICY ON OCCUPATIONAL HEALTH, SAFETY,
  KERJA, DAN LINGKUNGAN KERJA YANG AMAN                               AND A DECENT, SAFE WORK ENVIRONMENT
  DAN LAYAK BAGI KARYAWAN                                             FOR EMPLOYEES
  Pengelolaan aspek keselamatan dan kesehatan kerja menjadi           The management of occupational health and safety is a
  bagian penting dalam mendukung keberhasilan operasional             vital component of Erajaya’s operational success. We are
  Erajaya. Kami berkomitmen untuk menerapkan dan menjaga              committed to implementing and upholding behaviors aligned
  perilaku kerja yang selaras dengan prinsip keselamatan dan          with OHS principles and to providing a safe and decent work
  kesehatan kerja, serta menyediakan lingkungan kerja yang            environment for all employees. This commitment is reflected in
  aman dan layak. Komitmen ini dituangkan dalam Kebijakan             our Occupational Health and Safety Policy, which is integrated
  Keselamatan dan Kesehatan Kerja yang terintegrasi dalam             into Erajaya’s Code of Conduct.
  Pedoman Perilaku Erajaya.




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              MENJAGA KESEHATAN KARYAWAN
              Maintaining Employee Health


              Erajaya    berkomitmen      untuk   selalu   Erajaya is committed to ensuring the
              memperhatikan kualitas kesehatan fisik       physical health of all employees by
              seluruh karyawan dengan memberikan           providing regular medical check-ups. This
              fasilitas medical check-up secara berkala.   program is part of the OHS implementation
              Program ini merupakan bagian dari            process so that we can determine each
              implementasi K3 agar kami dapat              employee’s ability to perform work based
              mengetahui kondisi kesehatan karyawan,       on their health status. In accordance
              sehingga     kami    dapat    menentukan     with applicable laws and regulations, we
              kemampuan setiap karyawan dalam              include all permanent employees in the
              melakukan pekerjaan berdasarkan kondisi      Employment BPJS program, which includes
              kesehatannya. Sesuai dengan peraturan        Work Accident Benefits (JKK), Death Benefits
              perundang-undangan yang berlaku, kami        (JK), and Old Age Benefits (JHT), as well as
              mengikutsertakan semua karyawan tetap        Health BPJS with government-approved
              dalam program BPJS Ketenagakerjaan, yang     calculations.
              mencakup Jaminan Kecelakaan Kerja (JKK),
              Jaminan kematian (JK), dan Jaminan Hari
              Tua (JHT), serta BPJS Kesehatan dengan
              perhitungan sesuai dengan peraturan
              pemerintah.




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  Bersama Membangun Komunitas yang Mandiri
  TOGETHER BUILDING AN INDEPENDENT COMMUNITY



            “Erajaya mempertajam fokus CSR berbasis ESG-nya dengan memprioritaskan
            pendidikan vokasi dan pemberdayaan UKM, menciptakan dampak
            berkelanjutan yang selaras dengan bisnis inti dan prinsip-prinsip ESG.”

            “Erajaya sharpens its ESG-based CSR focus by prioritizing vocational education and SME
            empowerment, creating a sustainable impact aligned with its core business and ESG
            principles.”




          500                                     Rp
                                                          400                                  >50
          perserta | participants                 juta | million                               UKM | SMEs


          Guru dan siswa SMK yang                 Realisasi biaya CSR bidang                   Jumlah UKM mitra Erajaya yang
          mengikuti Program Peningkatan           pemberdayaan masyarakat                      menjadi rantai pasok Erajaya
          Vokasi Regional 2024 di Bali dan        tahun 2024.                                  hasil Program Business Matching
          Surabaya.                                                                            Eksternal & Internal.
                                                  Realization of CSR costs in the field
          Vocational high school teachers and     of community empowerment                     The number of Erajaya partner SMEs
          students participating in the 2024      in 2024.                                     to be part of Erajaya’s supply chain
          Regional Vocational Improvement                                                      as a result of the External & Internal
          Program in Bali and Surabaya.                                                        Business Matching Program.




  MENENTUKAN FOKUS CSR ERAJAYA:                                         DETERMINING ERAJAYA’S CSR FOCUS:
  PEMBERDAYAAN VOKASI DAN UKM SEBAGAI                                   EMPOWERING VOCATIONAL AND SMES AS
  PILAR PEMBANGUNAN BERKELANJUTAN                                       PILLARS OF SUSTAINABLE DEVELOPMENT

  Seiring dengan pertumbuhan bisnis dan semakin kompleksnya             As the business continues to grow and social challenges
  tantangan sosial, Erajaya menyadari perlunya fokus yang lebih         become increasingly complex, Erajaya recognizes the need for
  tajam dalam program-program CSR. Dari awal pelaksanaan                a sharper focus in its CSR programs. From an initial approach
  CSR yang bersifat luas dan umum, kami berevolusi menuju               that was broad and general, we have evolved toward a more
  strategi berbasis dampak yang lebih terukur dan terintegrasi          impact-driven strategy that is measurable and integrated with
  dengan prinsip-prinsip ESG.                                           ESG principles.


  Dalam proses evaluasi yang berkelanjutan, Erajaya                     Through an ongoing process of evaluation, Erajaya has
  mengidentifikasi dua bidang utama yang selaras dengan                 identified two key areas that align with the company’s
  kompetensi inti perusahaan sekaligus menjawab kebutuhan               core competencies while addressing real social needs: the
  sosial yang nyata: pengembangan pendidikan vokasi dan                 development of vocational education and the empowerment
  pemberdayaan usaha kecil dan menengah (UKM).                          of small and medium enterprises (SMEs).




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Pendidikan vokasi dipilih sebagai fokus utama karena Erajaya    Vocational education was chosen as a primary focus because
melihat langsung pentingnya tenaga kerja terampil untuk         Erajaya directly witnesses the critical importance of skilled
mendukung pertumbuhan industri ritel dan teknologi yang         workers in supporting the growth of the dynamic retail and
dinamis. Berdasarkan data internal, sekitar 77% karyawan        technology industries. Based on internal data, approximately
Erajaya merupakan lulusan SMK atau setara, mencerminkan         77% of Erajaya’s employees are graduates of vocational schools
kuatnya hubungan antara pendidikan vokasi dan kebutuhan         or equivalent institutions, reflecting the strong link between
dunia usaha. Hal ini diperkuat dengan tingginya minat           vocational education and industry needs. This is further
masyarakat terhadap pendidikan vokasi, sebagaimana              supported by high public interest in vocational education, as
tercermin dalam survei Kementerian Pendidikan, Kebudayaan,      highlighted in a survey by the Ministry of Education, Culture,
Riset, dan Teknologi (Kemendikbudristek).                       Research, and Technology (Kemendikbudristek).


Melalui Program Kemitraan Vokasi, Erajaya tidak hanya           Through the Vocational Partnership Program, Erajaya not
menciptakan peluang magang dan kerja bagi siswa vokasi,         only creates internship and employment opportunities for
tetapi juga turut membangun ekosistem pendidikan yang           vocational students but also contributes to building a more
lebih relevan dengan kebutuhan industri melalui penyelarasan    relevant education ecosystem by aligning curricula, enhancing
kurikulum, peningkatan kompetensi guru, dan program             teacher competencies, and promoting entrepreneurship
kewirausahaan berbasis vokasi.                                  programs based on vocational skills.


Di sisi lain, pemberdayaan UKM menjadi pilar kedua dalam        On the other hand, the empowerment of SMEs serves as the
strategi CSR Erajaya. Kami meyakini bahwa UKM merupakan         second pillar of Erajaya’s CSR strategy. We believe that SMEs
tulang punggung perekonomian nasional dan kunci bagi            are the backbone of the national economy and a key driver for
pemerataan pertumbuhan ekonomi. Melalui berbagai                equitable economic growth. Through various programs such
program seperti Vocapreneur, Expo UKM, Business Matching,       as Vocapreneur, SME Expos, Business Matching initiatives, and
serta rehabilitasi kawasan UKM di Taman Hutan Raya Ir. H.       the rehabilitation of SME areas at the Ir. H. Djuanda Forest
Djuanda, Erajaya berkomitmen untuk mengangkat kapasitas         Park, Erajaya is committed to enhancing the capacity and
dan daya saing UKM lokal agar dapat menjadi bagian dari         competitiveness of local MSMEs to enable their integration
rantai nilai bisnis yang berkelanjutan.                         into a sustainable business value chain.


Dengan menitikberatkan CSR pada pengembangan pendidikan         By prioritizing CSR initiatives around vocational education
vokasi dan pemberdayaan UKM, Erajaya tidak hanya                development and SME empowerment, Erajaya is not only
membangun keberlanjutan sosial, tetapi juga menciptakan         building social sustainability but also creating shared value
nilai bersama (Creating Shared Value) yang memperkuat           that strengthens the resilience of our business for the future.
ketahanan bisnis kami di masa depan.




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  INISIATIF PENDIDIKAN DAN PEMBERDAYAAN                                 EDUCATION AND COMMUNITY EMPOWERMENT
  MASYARAKAT TAHUN 2024 [POJK F.25]                                     INITIATIVES IN 2024 [POJK F.25]



         ERAJAYA EXPLORATION & COLLABORATION IN EDUCATION AND LEARNING (EXCEL)

         Program kolaborasi dengan lembaga pendidikan vokasi di tingkat provinsi dan regional ini bertujuan untuk menciptakan
         sinergi antara kebutuhan dunia pendidikan dan tuntutan dunia kerja. Program EXCEL telah berjalan di Bali dan Surabaya
         dan diikuti lebih dari 500 peserta siswa dan guru untuk beberapa rangkaian kegiatan seperti Mini Gathering yang menjadi
         sarana berbagi wawasan terkait bisnis, tren, dan peluang bisnis ritel, SMK visit yang bertujuan untuk memperkenalkan
         aplikasi Erajaya Micro Learning (EMiL), praktik kerja lapangan, dan guru merdeka mengajar, Campus Visit yang
         mempertemukan mahasiswa dan alumni untuk eksplorasi karir serta peluang karir di Erajaya, dan Hiring Corner di mana
         Erajaya juga memberikan konsultasi karir dan juga perekrutan bagi para alumni Sekolah Menengah Kejuruan (SMK) dan
         Perguruan Tinggi Vokasi (PTV) untuk dapat berkarya dalam dunia bisnis ritel melalui regular walk-in interview.


         The collaborative program with vocational education institutions at the provincial and regional levels aims to create
         synergy between educational needs and labor market demands. The EXCEL Program has been implemented in Bali and
         Surabaya, engaging more than 500 students and teachers through a series of activities. These activities include a Mini
         Gathering, which serves as a platform to share insights on business, trends, and retail business opportunities; an SMK
         Visit aimed at introducing the Erajaya Micro Learning (EMiL) application, internship opportunities, and the Guru Merdeka
         Mengajar experience; a Campus Visit that brings together students and alumni to explore career paths and opportunities
         at Erajaya; and a Hiring Corner where Erajaya offers career consultation and conducts recruitment for alumni from
         Vocational High Schools (SMKs) and Vocational Higher Education Institutions (PTVs) through regular walk-in interviews.




         Program Guru Merdeka Mengajar 2024
         Guru Merdeka Mengajar Program 2024

         Sepanjang Maret hingga Desember 2024, Erajaya menjalankan Program Guru Merdeka Mengajar sebagai bagian dari
         kontribusi perusahaan terhadap pengembangan pendidikan vokasi di Indonesia. Program ini merupakan sesi magang
         yang memfasilitasi para guru dari SMK untuk mempelajari langsung praktik bisnis ritel Erajaya Group yang dipandu
         secara langsung oleh tim trainer internal dari Erajaya. Sebanyak 42 guru dari Jabodetabek, Sumatera, Jawa Barat, Jawa
         Tengah, Jawa Timur, dan Bali mendapatkan praktik ekstensif di gerai Erafone dan mendapatkan materi seperti service
         excellence. Melalui praktik magang ini, para guru dapat memahami lebih dalam dinamika dunia industri, memperkaya
         pengalaman praktis mereka, serta menyelaraskan pengetahuan teoritis dengan kebutuhan lapangan sehingga proses
         belajar mengajar lebih adaptif dan relevan.


         From March to December 2024, Erajaya implemented the Guru Merdeka Mengajar Program as part of the company’s
         contribution to the development of vocational education in Indonesia. This program served as an internship session,
         enabling teachers from vocational high schools (SMKs) to gain direct exposure to the retail business practices of Erajaya
         Group, guided by Erajaya’s internal training team. A total of 42 teachers from Jabodetabek, Sumatra, West Java, Central
         Java, East Java, and Bali participated in this program, receiving extensive hands-on training at Erafone retail stores and
         learning key modules such as service excellence. Through this internship experience, the teachers were able to gain a
         deeper understanding of industry dynamics, enrich their practical knowledge, and align their theoretical teaching with
         real-world business needs, making classroom learning more adaptive and relevant.




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    Program Vocapreneur 2024
    Vocapreneur Program 2024

    Pada Januari hingga Februari 2024, Erajaya bekerja sama dengan Kemendikbudristek menyelenggarakan Program
    Vocapreneur, sebuah kompetisi ide kewirausahaan yang ditujukan bagi siswa Sekolah Menengah Kejuruan (SMK) dan
    Perguruan Tinggi Vokasi (PTV). Program bertema “Creating Innovative and Sustainability Business in Digital Era” ini diikuti
    oleh 25 tim dari berbagai wilayah seperti Bali, Palembang, Riau, Surakarta, Yogyakarta, DKI Jakarta, dan Sumedang
    berpartisipasi dan melalui serangkaian seleksi oleh juri internal dan eksternal. Sebanyak 3 pemenang dari SMK dan
    3 pemenang dari PTV terpilih di ajang kompetisi ini. Salah satu pemenang adalah tim dari Politeknik Negeri Jember
    dengan karyanya inovasi drum electric portable yang menggunakan modul keyboard sederhana yang nantinya dapat
    dihubungkan ke smartphone atau PC sebagai sumber suara. Melalui kompetisi ide bisnis ini, Erajaya mendorong para
    peserta untuk mengasah kreativitas, merancang konsep usaha yang aplikatif, dan membangun kesiapan untuk menjadi
    pelaku bisnis mandiri di masa depan.


    From January to February 2024, Erajaya, in collaboration with the Kemendikbudristek, organized the Vocapreneur
    Program, a business idea competition aimed at students from Vocational High Schools (SMKs) and Vocational Higher
    Education Institutions (PTVs). Carrying the theme “Creating Innovative and Sustainable Businesses in the Digital Era,”
    the program attracted 25 teams from various regions, including Bali, Palembang, Riau, Surakarta, Yogyakarta, DKI
    Jakarta, and Sumedang, who participated and underwent a series of selection processes by internal and external judges.
    In the competition, three winning teams from SMKs and three winning teams from PTVs were selected. One of the
    standout winners was a team from Politeknik Negeri Jember, who developed an innovative portable electric drum using
    a simple keyboard module that can be connected to a smartphone or PC as a sound source. Through this business idea
    competition, Erajaya encouraged participants to sharpen their creativity, develop practical business concepts, and build
    readiness to become independent entrepreneurs in the future.




    Program Guru Tamu dan Kunjungan Industri 2024
    Guest Teacher and Industrial Visit Program 2024

    Sepanjang Januari hingga Desember 2024, Erajaya melaksanakan Program Guru Tamu dan Kunjungan Industri sebagai
    bagian dari upaya mendekatkan dunia pendidikan vokasi dengan praktik nyata di industri. Melalui program ini, praktisi
    dari Erajaya Group dengan keahlian tertentu secara rutin mengajar dan berbagi best practices industri kepada siswa-siswi
    Sekolah Menengah Kejuruan (SMK) mitra Erajaya. Selama periode tersebut, sebanyak 132 siswa dari lebih dari 15 kota
    di Indonesia mengikuti program praktik kerja lapangan (PKL) di unit bisnis Erajaya. Selain itu, Erajaya juga mengadakan
    14 sesi kunjungan ke lebih dari 10 sekolah SMK di berbagai wilayah, di mana para praktisi berperan sebagai guru tamu
    untuk memberikan wawasan langsung mengenai dunia kerja dan industri ritel. Program ini bertujuan untuk memperkaya
    pemahaman siswa terhadap kebutuhan dan dinamika industri, serta memperkuat kesiapan mereka dalam memasuki
    dunia kerja setelah menyelesaikan pendidikan vokasi.


    From January to December 2024, Erajaya carried out the Guest Teacher and Industrial Visit Program as part of its efforts
    to bridge vocational education with real-world industry practices. Through this program, Erajaya Group practitioners with
    specific expertise regularly taught and shared industry best practices with students from Erajaya’s partner vocational
    schools (SMKs). During this period, 132 students from more than 15 cities across Indonesia participated in internship
    programs (PKL) at Erajaya’s business units. In addition, Erajaya conducted 14 guest teaching sessions at over 10 SMKs,
    where industry practitioners provided firsthand insights into the retail sector and broader industry dynamics. This
    program aims to deepen students’ understanding of industry expectations and better prepare them for entering the
    workforce after completing their vocational education.




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         Program Expo UKM Mitra Erajaya Group 2024
         Erajaya Group Partner SME Expo Program 2024

         Pada periode April hingga Desember 2024, Erajaya melaksanakan Program Expo UKM Mitra sebagai upaya menyediakan
         platform digital untuk mempromosikan produk-produk UKM serta meningkatkan eksposur UKM mitra melalui berbagai
         event yang diselenggarakan oleh Erajaya Group di wilayah Jakarta dan Kabupaten Bogor. Sebagai bagian dari program
         ini, Erajaya berhasil menyusun database dan melakukan pemetaan UKM yang sesuai dengan kebutuhan bisnis Erajaya.
         Sepanjang tahun, Erajaya telah menyelenggarakan lebih dari tiga kali Expo UKM, dengan total partisipasi pengunjung
         mencapai lebih dari 500 orang. Program ini tidak hanya memperluas akses pasar bagi UKM, tetapi juga membuka
         peluang bagi produk lokal untuk menjadi bagian dari ekosistem bisnis Erajaya yang lebih besar.


         From April to December 2024, Erajaya implemented the Partner SME Expo Program, which aimed to provide a digital
         platform for promoting SME products and increasing the visibility of partner MSMEs through various Erajaya Group
         events held in Jakarta and Bogor Regency. As part of this initiative, Erajaya successfully developed a database and
         conducted a mapping of SMEs that align with Erajaya’s business needs. Throughout the year, Erajaya organized more
         than three SME Expo events, attracting over 500 visitors. This program not only enhanced the exposure of SME products
         but also created opportunities for local businesses to join Erajaya’s larger business ecosystem.




         Program Business Matching Eksternal dan Internal 2034
         External and Internal Business Matching Program 2024

         Pada periode Mei hingga Desember 2024, Erajaya menjalankan Program Business Matching Eksternal dan Internal
         sebagai bagian dari strategi memperkuat kemitraan dengan pelaku UKM lokal. Program ini berfokus pada proses kurasi
         produk-produk UKM mitra serta sosialisasi internal untuk menggali potensi produk yang dapat menjadi bagian dari
         rantai pasok kebutuhan operasional Erajaya Group. Erajaya berhasil melibatkan lebih dari 50 UKM yang mendukung
         operasional bisnis di berbagai unit Erajaya Group. Inisiatif ini menjadi langkah konkret untuk memperluas peran UKM
         dalam ekosistem bisnis Erajaya, sekaligus mendorong pertumbuhan ekonomi lokal melalui kolaborasi yang berkelanjutan.


         From May to December 2024, Erajaya implemented the External and Internal Business Matching Program to strengthen
         partnerships with local MSMEs. The program focused on curating products from partner MSMEs and conducting internal
         outreach to identify potential products for the Erajaya Group’s supply chain network. Erajaya successfully engaged over
         50 SMEs to support operational needs across various business units within the Erajaya Group. This program is a concrete
         step toward expanding the role of SMEs in Erajaya’s business ecosystem and contributing to local economic growth
         through long-term collaboration.




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                                 “Seiring dengan perkembangan bisnis Erajaya, kami berkomitmen menerapkan inisiatif
                                 pengembangan komunitas yang terarah dan berkelanjutan. Salah satu fokus kami adalah
                                 mendorong peningkatan kualitas pendidikan vokasi melalui program-program Vocapreneur
                                 Competition, Guru Merdeka Mengajar, Erajaya Exploration & Collaboration in Education
                                 and Learning (EXCEL) dan lainnya. Kami melihat ini sebagai peluang untuk mendukung
                                 pembangunan berkelanjutan melalui penyelarasan kurikulum, sertifikasi tenaga pendidik,
                                 praktik kerja lapangan, dan aspek lain yang relevan dengan kebutuhan industri. Langkah
                                 ini juga akan membentuk sumber daya manusia yang terampil dan siap bekerja di industri
                                 ritel, serta membantu memenuhi kebutuhan tenaga kerja Erajaya Group di seluruh wilayah
                                 regional.”


    “As Erajaya’s business continues to grow, we remain committed to implementing targeted and sustainable community
    development initiatives. One of our key focuses is to support the improvement of vocational education quality through
    programs such as the Vocapreneur Competition, Guru Merdeka Mengajar, Erajaya Exploration & Collaboration in
    Education and Learning (EXCEL), and others. We view this as an opportunity to contribute to sustainable development by
    aligning curricula, certifying educators, facilitating internships, and advancing other aspects relevant to industry needs.
    This approach also helps to shape a skilled, job-ready workforce for the retail industry while supporting Erajaya Group’s
    labor needs across regional areas.”


    Jimmy Perangin Angin, Chief of HC, Legal, GA, & CSR Erajaya
    Jimmy Perangin Angin, Erajaya Chief of HC, Legal, GA, & CSR


Penghargaan CSR                                                     CSR AWARD



    IDX CHANNEL ANUGERAH ESG AWARD 2024

    Pada tahun 2024, Erajaya menerima penghargaan IDX Channel Anugerah ESG 2024
    dalam kategori Sektor Barang Konsumsi Non-Primer untuk program CSR berbasis ESG,
    “Lentera Erajaya Peduli.” Penilaian didasarkan pada empat aspek utama: lingkungan,
    sosial, tata kelola, dan inovasi dalam keuangan berkelanjutan, yang mencakup 12
    sektor yang tercatat di Bursa Efek Indonesia (BEI). Proses seleksi melibatkan beberapa
    tahap, termasuk penyelesaian kuesioner dan pendaftaran inisiatif ESG, penyaringan
    dokumen, wawancara panel juri, dan berpuncak pada upacara penghargaan yang
    diadakan pada 25 Juli 2024.


    Kami memaknai penghargaan ini sebagai pengakuan eksternal atas program-program yang telah kami laksanakan, dan
    sebagai motivasi bagi Erajaya untuk lebih meningkatkan kualitas dan jangkauan inisiatif CSR berbasis ESG kami sehingga
    memungkinkan kami untuk memberikan manfaat bagi masyarakat yang lebih luas.


    In 2024, Erajaya received the IDX Channel Anugerah ESG 2024 award in the Non-Primary Consumer Goods Sector
    category for its ESG-based CSR program, “Lentera Erajaya Peduli.” The assessment was based on four key aspects:
    environment, social, governance, and innovation in sustainable finance, covering 12 sectors listed on the Indonesia
    Stock Exchange (IDX). The selection process involved several stages, including the completion of questionnaires and ESG
    initiative registration, document screening, a judging panel interview, and culminated in the awards ceremony held on
    July 25, 2024.


    We view this award as an external recognition of the programs we have implemented, and as motivation for Erajaya to
    further enhance the quality and reach of our ESG-based CSR initiatives, enabling us to benefit a broader community.




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  DAMPAK OPERASI TERHADAP MASYARAKAT                               IMPACT OF OPERATIONS ON SURROUNDING
  SEKITAR [POJK F.23]                                              COMMUNITIES [POJK F.23]

  Aktivitas operasional Erajaya membawa dampak nyata bagi          Erajaya’s operational activities have had a tangible impact on
  masyarakat sekitar, terutama melalui penciptaan lapangan         surrounding communities, particularly through the creation of
  kerja di berbagai daerah tempat kami beroperasi. Perluasan       job opportunities in the areas where we operate. The expansion
  jaringan gerai ke kota-kota lapis kedua turut membuka            of our retail network into second-tier cities has opened new
  kesempatan kerja baru, khususnya bagi lulusan pendidikan         employment opportunities, especially for vocational education
  vokasi, sekaligus mendorong pertumbuhan ekonomi lokal.           graduates, while also driving local economic growth.


  Di luar penciptaan lapangan kerja, keberadaan Erajaya juga       Beyond employment, Erajaya’s presence has expanded
  memperluas akses masyarakat terhadap kebutuhan teknologi         community access to technology and digital devices, which
  dan perangkat digital yang semakin menjadi bagian penting        have become an essential part of daily life.
  dalam kehidupan sehari-hari.


  Dalam menjalankan operasional, Erajaya tetap menjaga             In carrying out our operations, Erajaya remains committed to
  komitmen terhadap keberlanjutan lingkungan dengan                environmental sustainability by ensuring that waste is managed
  memastikan pengelolaan limbah sesuai dengan standar              in accordance with applicable standards and regulations. We
  dan regulasi yang berlaku. Hubungan dengan pemangku              continue to strengthen relationships with stakeholders through
  kepentingan terus diperkuat melalui kolaborasi yang              productive collaboration, while our community development
  produktif, sementara program-program pemberdayaan                programs, including SME empowerment initiatives and other
  masyarakat seperti pengembangan UKM dan inisiatif CSR            CSR activities, consistently broaden our positive impact in a
  lainnya terus dijalankan untuk memperluas dampak positif         sustainable manner.
  secara berkelanjutan.




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        Saluran Pengaduan Masyarakat [POJK F.24]
        Public Complaint Channel




    Erajaya menyediakan kanal komunikasi bagi masyarakat      Erajaya provides a communication channel for the public
    untuk menyampaikan laporan pengaduan ataupun              to submit reports of complaints or input regarding
    masukan terkait kegiatan usaha maupun produk dan          business activities as well as the products and services
    jasa yang kami tawarkan. Hingga akhir tahun 2024, kami    we offer. Until the end of 2024, we did not receive any
    tidak menerima laporan pengaduan dari pelanggan           material complaints from customers. We are committed
    yang sifatnya material. Kami berkomitmen untuk            to following up any complaints received.
    menindaklanjuti setiap pengaduan yang diterima.




                                                  JAM
                                                         9:00-18:00                              WIB

                                                  (Kecuali hari nasional / except public holidays)



                                                  e-mail: customercare@erajaya
                                                  contact center: 1500372
                                                  Whatsapp: 081290777722
                                                  Layanan Erica (chatbot 24jam, whatsapp atau / or email)




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  Tanggung Jawab Pengembangan Produk dan
  Jasa Berkelanjutan
  RESPONSIBILITY FOR SUSTAINABLE PRODUCTS AND SERVICES



            “Keberlanjutan pertumbuhan bisnis Erajaya tidak lepas dari dukungan dan
            kepercayaan yang terus diberikan oleh pelanggan dan mitra bisnis. Atas
            dasar itu, Erajaya terus menghadirkan produk dan layanan terbaik, dengan
            memperlakukan setiap pelanggan secara setara dan adil.”

            “The sustainable growth of Erajaya’s business is built on the continuous support and trust of
            our customers and business partners. In return, Erajaya is committed to delivering the best
            products and services while treating every customer fairly and equally.”




  KOMITMEN UNTUK MEMBERIKAN AKSES ATAS                             COMMITMENT TO PROVIDING EQUAL ACCESS
  PRODUK DAN JASA YANG SETARA KEPADA                               TO PRODUCTS AND SERVICES FOR CONSUMERS
  KONSUMEN [POJK F.17]                                             [POJK F.17]


  Erajaya berkomitmen untuk menjaga hubungan yang kuat             Erajaya is committed to maintaining strong relationships with
  dengan semua konsumen dengan memastikan bahwa produk             all consumers by ensuring that products and services are
  dan layanan dapat diakses secara adil, tanpa diskriminasi        accessible fairly, without discrimination based on social status
  berdasarkan status sosial atau afiliasi kelompok. Prinsip        or group affiliation. This principle is deeply rooted in Erajaya’s
  ini berakar kuat dalam nilai-nilai inti Erajaya, yang menjadi    core values, which serve as the foundation for how we operate
  landasan bagi cara kami beroperasi dan berinteraksi dengan       and interact with our customers.
  pelanggan kami.


  Untuk menegakkan komitmen ini, Erajaya telah menanamkan          To uphold this commitment, Erajaya has embedded a
  pola pikir yang berpusat pada pelanggan ke dalam setiap level    customer-centric mindset into every level of its employees.
  keryawan. Karyawan terus diingatkan bahwa memberikan             Employees are continuously reminded that delivering the best
  layanan terbaik adalah penting untuk mencapai kepuasan           possible service is essential to achieving optimal customer
  pelanggan yang optimal.                                          satisfaction.


  Erajaya juga memberikan pelatihan berkelanjutan bagi             Erajaya also provides ongoing training for its employees,
  karyawannya, terutama untuk staf penjualan garis depan           particularly for front-line sales staff who interact directly with
  yang berinteraksi langsung dengan pelanggan di gerai ritel.      customers at retail outlets. The training covers comprehensive
  Pelatihan tersebut mencakup pengetahuan produk yang              product knowledge to ensure that employees can assist
  komprehensif untuk memastikan bahwa karyawan dapat               customers accurately and effectively. In addition, the training
  membantu pelanggan secara akurat dan efektif. Selain itu,        reinforces a strong understanding of Erajaya’s corporate
  pelatihan tersebut memperkuat pemahaman yang kuat                culture and values, enabling employees to embody these
  tentang budaya dan nilai-nilai perusahaan Erajaya, yang          principles in every customer interaction.
  memungkinkan karyawan untuk mewujudkan prinsip-prinsip
  ini dalam setiap interaksi pelanggan.


  Melalui upaya ini, Erajaya memastikan bahwa setiap pelanggan     Through these efforts, Erajaya ensures that every customer
  menerima standar pelayanan yang sama tinggi, terlepas            receives the same high standard of service, regardless of
  dari latar belakangnya, dan bahwa janji merek kami tentang       background, and that our brand promise of fairness and
  keadilan dan keunggulan secara konsisten ditegakkan di           excellence is consistently upheld across all touchpoints.
  semua titik kontak.




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INOVASI DAN PENGEMBANGAN PRODUK                                   INNOVATION AND PRODUCT DEVELOPMENT
[POJK F.26]                                                       [POJK F.26]


INOVASI PRODUK                                                    PRODUCT INNOVATION
Industri gaya hidup aktif merupakan segmen yang dinamis dan       The active lifestyle industry is a dynamic and continuously
terus berkembang, seiring dengan meningkatnya kesadaran           growing segment, driven by increasing public awareness of
masyarakat akan pentingnya kesehatan, kebugaran, dan gaya         the importance of health, fitness, and active living. Erajaya
hidup aktif. Erajaya memiliki basis data konsumen yang kuat,      has built a strong consumer database, particularly within
khususnya di segmen menengah atas, yang selama ini menjadi        the upper-middle segment, which has long been the primary
pelanggan utama produk-produk gaya hidup kami.                    customer base for our lifestyle products.


Seiring dengan meluasnya tren gaya hidup digital, terutama        Along with the growing digital lifestyle trend, particularly
di kalangan generasi muda yang memanfaatkan teknologi             among the younger generation who incorporate technology
dalam berbagai aspek kehidupan sehari-hari, Erajaya melihat       into various aspects of their daily lives, Erajaya sees a
peluang besar untuk menghadirkan produk-produk digital            significant opportunity to introduce premium digital products
premium dari berbagai principal merek internasional ke pasar      from leading international brands to the Indonesian market.
Indonesia.


Kami mendorong para principal merek yang berada di bawah          We encourage the brand principals under Erajaya’s
naungan Erajaya untuk terus berinovasi, menghasilkan              management to continuously innovate and develop products
produk yang selaras dengan preferensi konsumen yang terus         that align with the evolving preferences of consumers,
berkembang, termasuk inovasi dalam penggunaan material            including innovations in the use of environmentally
ramah lingkungan. Inisiatif ini sejalan dengan meningkatnya       friendly materials. This initiative is in line with the growing
kesadaran masyarakat Indonesia akan pentingnya kelestarian        environmental awareness and commitment to sustainability
lingkungan dan keberlanjutan. Setiap inovasi produk yang          among Indonesian consumers. Every product innovation we
kami hadirkan berorientasi pada konsumen (customer-centric),      introduce is customer-centric, focused on meeting the needs
dengan fokus pada pemenuhan kebutuhan dan harapan                 and expectations of our customers.
mereka.


Dari sisi pengalaman pelanggan, Erajaya juga terus berinovasi     In terms of customer experience, Erajaya continues to innovate
dalam meningkatkan kualitas layanan. Kami berkomitmen             in enhancing service quality. We are committed to providing
menghadirkan berbagai kemudahan agar konsumen                     various conveniences to ensure customers enjoy a seamless
merasakan pengalaman berbelanja yang istimewa, baik               and memorable shopping experience, whether through our
melalui kanal offline di jaringan gerai kami maupun melalui       offline retail network or online platforms.
platform online.


INOVASI LAYANAN PENGANTARAN                                       DELIVERY SERVICE INNOVATION
Sebagai bagian dari inovasi layanan kami, Erajaya                 As part of our service innovation, Erajaya has introduced
memperkenalkan Mobile Selling dan EraXpress, program              Mobile Selling and EraXpress, a Home Delivery Service program
Home Delivery Service yang memungkinkan produk yang               that enables products ordered by customers to be delivered
dipesan konsumen dikirimkan langsung dari toko terdekat           directly from the nearest store within a maximum of three
dalam waktu maksimal tiga jam. Layanan ini dihadirkan             hours. This service is designed to provide extra convenience for
untuk memberikan kenyamanan ekstra bagi pelanggan                 customers who wish to receive their desired products without
yang ingin mendapatkan produk favorit mereka tanpa harus          leaving their homes. Orders can be placed via WhatsApp or
meninggalkan rumah. Konsumen dapat memesan produk                 through the Online to Offline (O2O) feature available on our
melalui aplikasi WhatsApp atau menggunakan fasilitas Online       official website, www.eraspace.com, with fulfillment handled
to Offline (O2O) dari situs resmi www.eraspace.com, dengan        by the store selected by the customer.
proses pengiriman dilakukan dari toko pilihan mereka.


KATALOG DIGITAL                                                   DIGITAL CATALOG
Untuk memperluas jangkauan informasi promosi kepada               To expand the reach of our promotional activities, Erajaya
pelanggan, Erajaya menghadirkan katalog elektronik                has launched an electronic catalog (e-Catalog) as part of its
(e-Catalog) sebagai bagian dari strategi pemasaran digital.       digital marketing strategy. Through the e-Catalog, customers
Melalui e-Catalog, konsumen dapat dengan mudah                    can easily explore Erajaya’s comprehensive product portfolio,
mengakses informasi tentang berbagai produk Erajaya, mulai        including smartphones from various brands, electronic and
dari smartphone berbagai merek, aksesoris elektronik dan          wearable accessories, lifestyle technology products (Internet
wearable, perangkat lifestyle technology (Internet of Things),    of Things), home appliances, gaming products, SIM cards,



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  home appliances, produk gaming, kartu SIM dan layanan isi        and top-up services from Telkomsel, Indosat Ooredoo, XL,
  ulang dari Telkomsel, Indosat Ooredoo, XL, hingga Smartfren,     and Smartfren, as well as device protection and replacement
  serta produk perlindungan perangkat dari TecProtec.              services from TecProtec.


  Seluruh produk dalam e-Catalog dapat dipesan secara praktis      All products featured in the e-Catalog can be conveniently
  melalui layanan chat WhatsApp, menjadikan pengalaman             ordered via WhatsApp chat, offering customers a fast and
  berbelanja lebih cepat dan nyaman. Inisiatif ini menjadi wujud   seamless shopping experience. This initiative reflects Erajaya’s
  nyata komitmen Erajaya untuk terus memberikan pengalaman         ongoing commitment to delivering a pleasant and hassle-free
  berbelanja yang mudah dan menyenangkan bagi seluruh              shopping journey for all consumers.
  konsumen.


  APLIKASI ERASPACE                                                ERASPACE APPLICATION
  Dalam upaya membangun ekosistem digital yang kuat dan            In its effort to build a strong and competitive digital ecosystem,
  kompetitif, Erajaya meluncurkan aplikasi Eraspace yang dapat     Erajaya has launched the Eraspace mobile application,
  diunduh di smartphone Android. Aplikasi ini memudahkan           available for download on Android smartphones. The app
  konsumen untuk membeli gadget, perangkat IoT, dan berbagai       provides a safe and convenient platform for customers to
  produk gaya hidup dengan nyaman dan aman, mengikuti              purchase gadgets, IoT devices, and various lifestyle products,
  perkembangan tren digitalisasi.                                  aligning with the trends of digitalization.


  PLATFORM WEBSITE                                                 WEBSITE PLATFORM
  Erajaya juga mengoptimalkan strategi promosi digital melalui     Erajaya also strengthens its digital promotion strategy
  kanal daring, baik melalui platform milik sendiri, yaitu www.    through its own online platform, www.eraspace.com, as well
  eraspace.com, maupun melalui kolaborasi dengan berbagai          as through collaborations with leading e-commerce players
  platform e-commerce terkemuka di Indonesia. Melalui jalur        in Indonesia. Through these channels, Erajaya offers a wide
  ini, Erajaya menawarkan berbagai produk unggulan lengkap         range of premium products along with attractive promotions
  dengan promo menarik dan beragam kemudahan dalam                 and shopping conveniences.
  proses pembelian.


  MEMASTIKAN KEPUASAN KONSUMEN MELALUI                             ENSURING CUSTOMER SATISFACTION THROUHT
  EVALUASI KUALITAS DAN KEAMANAN PRODUK                            PRODUCT QUALITY AND SAFETY EVALUATION
  [POJK F.27]                                                      [POJK F.27]


  KOMITMEN       TERHADAP       PRODUK      ORISINAL      DAN      COMMITMENT TO GENUINE AND HIGH-QUALITY PRODUCTS
  BERKUALITAS                                                      Erajaya ensures that all products sold across our retail outlets
  Erajaya memastikan bahwa seluruh produk yang dijual di           are genuine and have undergone rigorous quality and safety
  gerai-gerai kami adalah produk orisinal yang telah melewati      testing, in accordance with each brand›s quality standards.
  proses pengujian kualitas dan keamanan sesuai standar mutu       Every product available in our retail network comes with an
  masing-masing merek. Setiap produk yang tersedia di jaringan     official warranty, providing customers with assurance of
  ritel kami juga dilengkapi dengan garansi resmi, sehingga        authenticity and quality.
  konsumen mendapatkan jaminan atas keaslian dan kualitas
  produk yang dibeli.


  PENINGKATAN KEPUASAN KONSUMEN MELALUI RESPONS                    ENHANCING CUSTOMER SATISFACTION THROUGH PROMPT
  CEPAT ATAS KELUHAN                                               COMPLAINT HANDLING
  Kami memahami bahwa dalam industri ritel, tingkat kepuasan       We understand that customer satisfaction is crucial to
  konsumen sangat berpengaruh terhadap keberlangsungan             sustaining success in the retail industry. One of the key factors
  bisnis. Salah satu faktor penting dalam menjaga kepuasan         in maintaining customer satisfaction is the ability to handle
  pelanggan adalah penanganan keluhan secara cepat, responsif,     complaints swiftly, responsively, and effectively. Erajaya is
  dan solutif. Erajaya berkomitmen untuk menindaklanjuti           committed to addressing every customer complaint promptly
  setiap keluhan konsumen dengan memberikan penyelesaian           by delivering the best possible resolution in the shortest time
  terbaik dalam waktu yang sesingkat-singkatnya.                   frame.


  PERAN PRODUCT SPECIALIST DALAM EDUKASI KONSUMEN                  THE ROLE OF PRODUCT SPECIALISTS IN CUSTOMER
  Mengingat produk-produk elektronik rentan terhadap               EDUCATION
  malfungsi, yang sebagian besar disebabkan oleh kurangnya         Considering that electronic products are prone to
  pemahaman konsumen dalam pengoperasian, Erajaya                  malfunctions, often due to a lack of user knowledge, Erajaya
  menghadirkan Product Specialist di setiap gerai kami. Para       assigns Product Specialists at every store. These specialists



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                                                                                       Social & Environmental Responsibility




Product Specialist ini telah melalui pelatihan intensif agar      undergo intensive training to master the specifications of each
menguasai spesifikasi produk dari setiap principal, dan           principal’s products and are tasked with educating customers
bertugas untuk mengedukasi konsumen tentang cara                  on proper usage. They also provide live demonstrations,
penggunaan produk secara benar, termasuk memberikan               allowing customers to experience the product›s performance
demonstrasi langsung agar konsumen dapat merasakan                firsthand before making a purchase.
performa produk sebelum membeli.


PENGEMBANGAN KOMPETENSI MELALUI PELATIHAN                         COMPETENCY        DEVELOPMENT        THROUGH        REGULAR
BERKALA                                                           TRAINING
Untuk memastikan konsistensi kualitas pelayanan, Erajaya          To maintain consistent service quality, Erajaya regularly
secara rutin mengadakan pelatihan, baik secara online             conducts training sessions, both online and offline. We offer
maupun offline. Kami memiliki platform pembelajaran daring        an online learning platform that enables employees to access
yang memungkinkan karyawan untuk mengakses materi                 training materials anytime and anywhere, complete quizzes,
pelatihan kapan saja dan di mana saja, mengikuti kuis,            and receive ratings based on their knowledge. This initiative
serta memperoleh rating atas penguasaan materi. Hal ini           helps us uphold high standards of employee competency in
membantu kami menjaga standar pengetahuan karyawan                customer service.
dalam memberikan layanan kepada konsumen.


DUKUNGAN LAYANAN PURNA JUAL DAN QUALITY                           AFTER-SALES SUPPORT AND QUALITY CONTROL
CONTROL                                                           Most brands distributed by Erajaya are supported by official
Setiap merek yang kami distribusikan umumnya didukung             service centers integrated into our network. Additionally,
dengan pusat layanan resmi yang terintegrasi dalam jaringan       we have a dedicated Quality Control team responsible for
Erajaya. Selain itu, kami memiliki tim Quality Control yang       verifying the quality of products, whether imported directly
bertugas memastikan mutu produk, baik yang diimpor                from principals or developed under Erajaya›s private labels.
langsung dari principal maupun produk private label Erajaya.      This quality assurance process is part of our commitment to
Pengujian mutu ini menjadi bagian dari upaya kami untuk           maintaining customer trust.
menjaga kepercayaan konsumen.


PENGELOLAAN           KELUHAN         KONSUMEN            DAN     MANAGING CUSTOMER COMPLAINTS AND IMPROVING
PENYEMPURNAAN LAYANAN                                             SERVICES
Hingga saat ini, Erajaya belum pernah menerima keluhan            To date, Erajaya has not encountered any significant customer
konsumen yang bersifat signifikan terkait kegagalan produk.       complaints regarding product failures. The complaints
Keluhan yang kami terima bervariasi, mulai dari keluhan           we receive generally vary from product-related issues to
atas produk hingga ketidakpuasan terhadap layanan.                dissatisfaction with service quality. To address these concerns
Untuk menangani hal tersebut, kami membentuk berbagai             effectively, we have established specialized teams, including
tim khusus seperti Customer Care, Quality Control, dan tim        Customer Care, Quality Control, and supply chain quality
pengujian kualitas rantai pasok. Selain itu, setiap gerai kami    testing teams. Furthermore, each of our stores implements
menerapkan standar prosedur operasional (SOP) yang ketat          strict Standard Operating Procedures (SOPs) to ensure
untuk memastikan pelayanan berjalan sesuai dengan standar         that services are delivered in accordance with established
yang telah ditetapkan.                                            standards.


MEKANISME ESKALASI KELUHAN KE TINGKAT MANAJEMEN                   ESCALATION MECHANISM FOR HANDLING COMPLAINTS
Setiap keluhan yang masuk diproses dengan prioritas tinggi        All customer complaints are treated with high priority and
dan diselesaikan secepat mungkin. Untuk keluhan yang              resolved as quickly as possible. For complaints classified
tergolong dalam kategori tertentu, Erajaya menerapkan             under certain categories, Erajaya implements an escalation
mekanisme eskalasi ke tingkat manajemen yang lebih tinggi,        mechanism to higher management levels to ensure that
agar keputusan solusi dapat diambil secara cepat, akurat, dan     decisions on solutions are made swiftly, accurately, and with a
berorientasi pada kepuasan konsumen.                              focus on customer satisfaction.


DAMPAK PRODUK DAN LAYANAN YANG                                    IMPACTS OF PRODUCTS AND SERVICES OFFERED
DITAWARKAN [POJK F.28]                                            [POJK F.28]


SMARTPHONE SEBAGAI KEBUTUHAN SEHARI-HARI DAN                      SMARTPHONES AS A DAILY ESSENTIAL AND ERAJAYA’S
SOLUSI ERAJAYA                                                    SOLUTION
Smartphone telah menjadi bagian tak terpisahkan dari              Smartphones have become an inseparable part of everyday
kehidupan sehari-hari masyarakat, digunakan untuk berbagai        life, used for a variety of purposes including studying, working,
keperluan seperti belajar, bekerja, hingga berbisnis. Melihat     and running a business. Erajaya recognizes the growing



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  tingginya permintaan akan perangkat ini di tengah pesatnya       demand for these devices in the face of rapid technological
  perkembangan teknologi, Erajaya hadir menawarkan berbagai        advancements and offers a diverse selection of premium
  pilihan gadget unggulan. Kami menyediakan solusi bagi            gadgets. We offer a solution that enables consumers to easily
  konsumen untuk memperbarui smartphone mereka ke model            and affordably upgrade their smartphones to the latest models
  terbaru setiap tahun dengan cara yang mudah dan harga yang       each year.
  terjangkau.


  KOMITMEN ERAJAYA TERHADAP PRAKTIK RAMAH                          ERAJAYA’S      COMMITMENT          TO     ENVIRONMENTALLY
  LINGKUNGAN                                                       FRIENDLY PRACTICES
  Kami menyadari bahwa kegiatan operasional kami berpotensi        We are aware that our business operations have the potential
  menghasilkan limbah yang, jika tidak dikelola dengan baik,       to generate waste, which, if not properly managed, could harm
  dapat berdampak negatif terhadap lingkungan. Oleh karena         the environment. To address this, Erajaya has implemented
  itu, Erajaya menerapkan inisiatif go green di seluruh gerai      a go-green initiative across all of its stores, eliminating the
  kami dengan menghentikan penggunaan tas plastik untuk            use of plastic bags for customers. This initiative represents a
  konsumen. Inisiatif ini merupakan langkah konkret kami untuk     concrete step toward reducing plastic waste and promoting
  mengurangi limbah plastik dan mendukung upaya pelestarian        environmental sustainability.
  lingkungan.


  PENERAPAN GREEN DISTRIBUTION UNTUK EFISIENSI DAN                 IMPLEMENTING GREEN DISTRIBUTION FOR EFFICIENCY
  KEBERLANJUTAN                                                    AND SUSTAINABILITY
  Erajaya berkomitmen untuk meminimalkan dampak                    Erajaya is committed to minimizing the environmental impact
  lingkungan dari rantai distribusi kami melalui penerapan         of our distribution chain through the implementation of
  konsep green distribution. Pendekatan ini bertujuan untuk        green distribution practices. This approach aims to enhance
  meningkatkan efisiensi transportasi dengan berbagai strategi,    transportation efficiency through various strategies, such as
  seperti memaksimalkan kapasitas pengiriman dalam satu            maximizing shipment capacity in a single trip using larger and
  kali perjalanan melalui penggunaan kontainer berukuran           safer containers and optimizing distribution routes to be more
  besar dan aman, serta mengoptimalkan rute distribusi agar        effective and efficient. By applying these methods, Erajaya not
  lebih efektif dan efisien. Dengan menerapkan metode ini,         only contributes positively to environmental conservation but
  Erajaya tidak hanya berkontribusi positif terhadap kelestarian   also achieves cost efficiencies that support improved company
  lingkungan, tetapi juga menciptakan efisiensi biaya yang         profitability.
  mendukung peningkatan profitabilitas perusahaan.


  JAMINAN KUALITAS                                                 QUALITY ASSURANCE

  Erajaya telah menerapkan sistem kendali mutu berlapis yang       Erajaya has implemented a strong, multi-layered quality control
  ketat dan terintegrasi dengan jaringan pemasok kami. Untuk       system that is fully integrated with our supplier network. To
  memastikan efektivitas proses dan prosedur internal terkait      ensure the effectiveness of our internal quality assurance
  jaminan mutu, kami memiliki Fungsi Audit Internal yang           processes and procedures, we have an Internal Audit Function
  melakukan pemeriksaan kepatuhan secara berkala.                  that performs regular compliance checks.


  Tim kendali mutu bertanggung jawab untuk memverifikasi           The quality control teams are responsible for verifying the
  isi setiap kiriman yang diterima di gudang kami, termasuk        contents of every shipment received at our warehouses,
  melakukan uji fungsionalitas acak pada perangkat. Proses         including performing random functionality tests on devices.
  verifikasi ini diulang dalam beberapa tahap, termasuk selama     These verification processes are repeated at multiple stages,
  serah terima ke mitra logistik, untuk memastikan bahwa           including during the handover to logistics partners, to ensure
  semua produk memenuhi standar mutu kami sebelum dikirim          that all products meet our quality standards before being
  dari gudang kami.                                                dispatched from our warehouses.


  Selain itu, kami menggunakan mystery shopper untuk               Additionally, we deploy mystery shoppers to evaluate
  mengevaluasi mutu layanan di toko ritel kami. Pendekatan         service quality at our retail stores. This comprehensive
  komprehensif ini dirancang untuk menjamin bahwa setiap           approach is designed to guarantee that every product
  produk yang dikirim ke pelanggan kami dalam kondisi optimal.     delivered to our customers is in optimal condition.
  Hingga saat ini, Erajaya belum pernah mengalami penarikan        To date, Erajaya has never experienced a mass product recall
  produk massal karena cacat produksi. [POJK F.29]                 due to manufacturing defects. [POJK F.29]




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SURVEI KEPUASAN PELANGGAN [POJK F.30]                              CUSTOMER SATISFACTION SURVEY [POJK F.30]

Pada tahun 2024, Erajaya belum melaksanakan survei                 In 2024, Erajaya did not conduct a formal Customer Satisfaction
kepuasan pelanggan (Customer Satisfaction Survey/CSS)              Survey (CSS). However, we continue to place customer
secara formal. Namun demikian, kami tetap menempatkan              satisfaction as a top priority, both in terms of the products
kepuasan pelanggan sebagai prioritas utama, baik terhadap          purchased and the services provided across our network.
produk yang dibeli maupun pelayanan yang diberikan di
seluruh jaringan kami.


Aspek kepuasan pelanggan kami peroleh melalui interaksi            We gather insights on customer satisfaction primarily through
langsung antara frontliner kami di gerai dengan para pelanggan.    direct interactions between our frontliners at retail stores and
Untuk memastikan pelayanan terbaik, Erajaya melaksanakan           our customers. To ensure the highest level of service, Erajaya
berbagai inisiatif, mulai dari menghadirkan produk-produk          has implemented various initiatives, including offering only
orisinal bergaransi resmi, menyediakan Product Specialist          original products with official warranties, deploying trained
terlatih, serta program mystery shopper untuk memastikan           Product Specialists, and mystery shopper program to ensure
standar pelayanan setiap gerai tetap terjaga.                      that our service standards at stores are upheld.




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  Referensi SEOJK
  Nomor 16/SEOJK.04/2021:
  Laporan Tahunan Emiten atau Perusahaan Publik
  SEOJK NO. 16/SEOJK.04/2021: ANNUAL REPORT OF PUBLIC COMPANY




                                                                              Halaman
                                      Keterangan                                                                      Description
                                                                                Page

      I.    Ketentuan Umum                                                              I.   General Provision
            1.   Dalam Surat Edaran Otoritas Jasa Keuangan ini yang              √           1.   In this Financial Services Authority Circular Letter what is
                 dimaksud dengan:                                                                 meant by:
                 a.   Laporan Tahunan adalah laporan pertanggungjawaban          √                a.   The Annual Report is a report on the Board of Directors
                      Direksi dan Dewan Komisaris dalam melakukan                                      and Board of Commissioners accountability in
                      pengurusan dan pengawasan terhadap emiten atau                                   managing and supervising issuers or public companies
                      perusahaan publik dalam kurun waktu 1 (satu) tahun                               within a period of 1 (one) fiscal year to the general
                      buku kepada rapat umum pemegang saham yang                                       meeting of shareholders prepared based on the
                      disusun berdasarkan ketentuan dalam Peraturan                                    provisions of the Financial Services Authority Regulation
                      Otoritas Jasa Keuangan mengenai Laporan Tahunan                                  concerning the Annual Report of issuers or public
                      emiten atau perusahaan publik.                                                   companies
                 b.   Emiten adalah pihak yang melakukan penawaran umum.         √                b.   Issuers are parties who make public offerings

                 c.   Perusahaan Publik adalah perseroan yang sahamnya           √                c.   A Public Company is a company whose shares are
                      telah dimiliki paling sedikit oleh 300 (tiga ratus)                              owned by at least 300 (three hundred) shareholders
                      pemegang saham dan memiliki modal disetor paling                                 and has a paid-up capital of at least Rp3,000,000,000.00
                      sedikit Rp3.000.000.000,00 (tiga miliar rupiah) atau                             (three billion rupiah) or a number of shareholders and
                      suatu jumlah pemegang saham dan modal disetor yang                               paid-up capital as determined by the Financial Services
                      ditetapkan oleh Otoritas Jasa Keuangan.                                          Authority
                 d.   Perusahaan Terbuka adalah Emiten yang telah                √                d.   A Public Company is an Issuer that has made a public
                      melakukan penawaran umum efek bersifat ekuitas atau                              offering of equity securities or a Publically- listed
                      Perusahaan Publik.                                                               Company
                 e.   Laporan Keberlanjutan (Sustainability Report) adalah       √                e.   A Sustainability Report is a report published to the
                      laporan yang diumumkan kepada masyarakat yang                                    public that contains the economic, financial, social,
                      memuat kinerja ekonomi, keuangan, sosial, dan                                    and environmental performance of a financial service
                      lingkungan hidup suatu lembaga jasa keuangan, Emiten,                            institution, Issuer, and Public Company in running a
                      dan Perusahaan Publik dalam menjalankan bisnis                                   sustainable business
                      berkelanjutan.
                 f    Direksi:                                                                    f    Board of Directors:
                      1)   bagi Emiten atau Perusahaan Publik berbentuk          √                     1)   For an Issuer or a Public Company in the form
                           badan hukum perseroan terbatas adalah Direksi                                    of a limited liability company, it is the Board of
                           sebagaimana dimaksud dalam Peraturan Otoritas                                    Directors as referred to in the Financial Services
                           Jasa Keuangan mengenai Direksi dan Dewan                                         Authority Regulation concerning the Board of
                           Komisaris Emiten atau Perusahaan Publik; dan                                     Directors and Board of Commissioners of an
                                                                                                            Issuer or Public Company; and
                      2)   bagi Emiten atau Perusahaan Publik berbentuk          √                     2)   For an Issuer or a Public Company in the form of a
                           badan hukum selain perseroan terbatas adalah                                     legal entity other than a limited liability company,
                           organ yang melaksanakan pengurusan badan                                         it is the body that carries out the management
                           hukum tersebut sebagaimana dimaksud dalam                                        of the legal entity as referred to in the laws and
                           peraturan perundang- undangan mengenai badan                                     regulations concerning the legal entity.
                           hukum tersebut.
                 g.   Dewan Komisaris:                                                            g.   Board of Commissioners:
                      1)   bagi Emiten atau Perusahaan Publik berbentuk          √                     1)   For an Issuer or a Public Company in the form
                           badan hukum perseroan terbatas adalah Dewan                                      of a limited liability company, the Board of
                           Komisaris sebagaimana dimaksud dalam Peraturan                                   Commissioners as referred to in the Financial
                           Otoritas Jasa Keuangan mengenai Direksi dan                                      Services Authority Regulation concerning the
                           Dewan Komisaris Emiten atau Perusahaan Publik;                                   Board of Directors and Board of Commissioners of
                           dan                                                                              an Issuer or Public Company; and
                      2)   bagi Emiten atau Perusahaan Publik berbentuk          √                     2)   For the Issuer or Public Company in the form of a
                           badan hukum selain perseroan terbatas adalah                                     legal entity other than a limited liability company,
                           organ yang melakukan pengawasan badan hukum                                      it is the body that supervises the legal entity as
                           tersebut sebagaimana dimaksud dalam peraturan                                    referred to in the laws and regulations concerning
                           perundang- undangan mengenai badan hukum                                         the legal entity.
                           tersebut.
                 h.   Rapat Umum Pemegang Saham yang selanjutnya                                  h.   General Meeting of Shareholders hereinafter
                      disingkat RUPS:                                                                  abbreviated as GMS:




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                  1)   bagi Emiten atau Perusahaan Publik berbentuk            √                       1)   For an Issuer or a Public Company in the form of a
                       badan hukum perseroan terbatas adalah RUPS                                           limited liability company, it is the GMS as referred
                       sebagaimana dimaksud dalam Peraturan                                                 to in the Financial Services Authority Regulation
                       Otoritas Jasa Keuangan mengenai Rencana dan                                          concerning the Planning and Organizing of the
                       Penyelenggaraan Rapat Umum Pemegang Saham                                            General Meeting of Shareholders of a Public
                       Perusahaan Terbuka; dan                                                              Company; and
                  2)   bagi Emiten atau Perusahaan Publik berbentuk                                    2)   For an Issuer or Public Company in the form of a
                       badan hukum selain perseroan terbatas adalah                                         legal entity other than a limited liability company,
                       organ yang mempunyai wewenang yang tidak                                             it is the body that has authority that is not given to
                       diberikan kepada organ yang melaksanakan fungsi                                      any other body that carries out management and
                       pengurusan dan fungsi pengawasan, dalam batas                                        supervisory functions, within the limits specified
                       yang ditentukan dalam peraturan perundang-                                           in the legislation and/or articles of association
                       undangan dan/atau anggaran dasar yang mengatur                                       governing the legal entity.
                       badan hukum tersebut.
        2.   Laporan Tahuna Emiten atau Perusahaan Publik merupakan            √             2.   The Annual Report of Issuers or Public Companies is
             sumber informasi penting bagi investor atau pemegang                                 an important source of information for investors or
             saham sebagai salah satu dasar pertimbangan dalam                                    shareholders as one of the basic considerations in making
             pengambilan keputusan investasi dan sarana pengawasan                                investment decisions and a means of supervision of Issuers
             terhadap Emiten atau Perusahaan Publik.                                              or Public Companies.
        3.   Seiring dengan perkembangan pasar modal dan                       √             3.   Along with the development of the capital market and the
             meningkatnya kebutuhan investor atau pemegang saham                                  increasing need for information disclosure by investors
             atas keterbukaan informasi, Direksi dan Dewan Komisaris                              or shareholders, the Board of Directors and the Board of
             dituntut untuk menyajikan informasi yang berkualitas,                                Commissioners are required to present quality, accurate,
             akurat, dan akuntabel melalui Laporan Tahunan Emiten atau                            and accountable information through the Annual Reports of
             Perusahaan Publik.                                                                   Issuers or Public Companies.
        4.   Laporan Tahunan yang disusun secara teratur dan informatif        √             4.   Annual Reports that are prepared regularly and
             dapat memberikan kemudahan bagi investor atau pemegang                               informatively can provide convenience for investors or
             saham dan pemangku kepentingan dalam memperoleh                                      shareholders and stakeholders in obtaining the required
             informasi yang dibutuhkan.                                                           information.

        5.   Surat Edaran Otoritas Jasa Keuangan ini merupakan                               5.   This Financial Services Authority Circular is a guideline
             pedoman bagi Emiten atau Perusahaan Publik yang wajib                                for Issuers or Public Companies that must be applied in
             diterapkan dalam menyusun Laporan Tahunan dan Laporan                                preparing Annual Reports and Sustainability Reports.
             Keberlanjutan.
II.     Bentuk Laporan Tahunan                                                        II.    Format of Annual Report
        1.   Laporan Tahunan disajikan dalam bentuk dokumen cetak dan          √             1.   Annual Report should be presented in the printed format
             salinan dokumen elektronik.                                                          and in electronic document copy..
        2.   Laporan Tahunan yang disajikan dalam bentuk dokumen               √             2.   The printed version of the Annual Report should be printed
             cetak, dicetak pada kertas yang berwarna terang, berkualitas                         on light-colored paper of fine quality, in A4 size, bound and
             baik, berukuran A4, dijilid, dan dapat diperbanyak dengan                            can be reproduced in good quality.
             kualitas yang baik.
        3.   Laporan Tahunan dapat menyajikan informasi berupa                 √             3.   The Annual Report may present information in the form of
             gambar, grafik, tabel, dan/atau diagram dengan                                       pictures, graphs, tables, and/or diagrams by including clear
             mencantumkan judul dan/atau keterangan yang jelas,                                   titles and/or descriptions, so that they are easy to read and
             sehingga mudah dibaca dan dipahami.                                                  understand.
        4.   Laporan Tahunan yang disajikan dalam bentuk salinan               √             4.   The Annual Report presented in electronic document format
             dokumen elektronik merupakan Laporan Tahunan yang                                    is the Annual Report converted into pdf format.
             dikonversi dalam format pdf.
III.    Isi Laporan Tahunan                                                           III.   Content Of Annual Report
        1.   Laporan Tahunan paling sedikit memuat informasi mengenai:                       1.   Annual Report should contain at least the following
                                                                                                  information:
             a.   Ikhtisar data keuangan penting;                             8-10                a.   Summary of key financial information;
             b.   Informasi saham (jika ada);                                 11                  b.   Stock information (if any);
             c.   Laporan Direksi;                                           39-45                c.   The Board of Directors report;
             d.   Laporan Dewan Komisaris;                                   31-35                d.   The Board of Commissioners report;
             e.   Profil Emiten atau Perusahaan Publik;                     52 -111               e.   Profile of Issuer or Public Company;
             f.   Analisis dan pembahasan manajemen;                        114-171               f.   Management discussion and analysis;
             g.   Tata kelola Emiten atau Perusahaan Publik;                174-248               g.   Corporate governance applied by the Issuer or Public
                                                                                                       Company;
             h.   Tanggung jawab sosial dan lingkungan Emiten atau          252-335               h.   Corporate social and environmental responsibility of
                  Perusahaan Publik;                                                                   the Issuer or Public Company;
             i.   Laporan keuangan tahunan yang telah diaudit; dan            356                 i.   Audited annual report; and
             j.   Surat pernyataan anggota Direksi dan anggota Dewan         48-49                j.   Statement that the Board of Directors and the Board
                  Komisaris tentang tanggung jawab atas Laporan                                        of Commissioners are fully responsible for the Annual
                  Tahunan;                                                                             Report;
        2.   Uraian Isi Laporan Tahunan                                                      2.   Description of Content of Annual Report
             a.   Ikhtisar Data Keuangan Penting                              8-10                a.   Summary of Key Financial Information
                  Ikhtisar Data Keuangan Penting memuat informasi                                      Summary of Key Financial Information contains financial
                  keuangan yang disajikan dalam bentuk perbandingan                                    information presented in comparison with previous 3
                  selama 3 (tiga) tahun buku atau sejak memulai                                        (three) fiscal years or since commencement of business
                  usahanya jika Emiten atau Perusahaan Publik tersebut                                 if the Issuers or the Public Company commencing the
                  menjalankan kegiatan usahanya kurang dari 3 (tiga)                                   business less than 3 (three) years, at least contain:
                  tahun, paling sedikit memuat:
                  1)   pendapatan/penjualan;                                   √                       1)   income/sales;




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                  2)    laba bruto;                                              √           2)    gross profit;
                  3)    laba (rugi);                                             √           3)    profit (loss);
                  4)    jumlah laba (rugi) yang dapat diatribusikan kepada       √           4)    total profit (loss) attributable to equity holders of
                        pemilik entitas induk dan kepentingan non                                  the parent entity and non-controlling interest;
                        pengendali;
                  5)    total laba (rugi) komprehensif;                          √           5)    total comprehensive profit (loss);
                  6)    jumlah laba (rugi) komprehensif yang dapat               √           6)    total comprehensive profit (loss) attributable
                        diatribusikan kepada pemilik entitas induk dan                             to equity holders of the parent entity and non
                        kepentingan non pengendali;                                                controlling interest;
                  7)    laba (rugi) per saham;                                   √           7)    earning (loss) per share;
                  8)    jumlah aset;                                             √           8)    total assets;
                  9)    jumlah liabilitas;                                       √           9)    total liabilities;
                  10)   jumlah ekuitas;                                          √           10)   total equities;
                  11)   rasio laba (rugi) terhadap jumlah aset;                  √           11)   profit (loss) to total assets ratio;
                  12)   rasio laba (rugi) terhadap ekuitas;                      √           12)   profit (loss) to equities ratio;
                  13)   rasio laba (rugi) terhadap pendapatan/penjualan;         √           13)   profit (loss) to income ratio;
                  14)   rasio lancar;                                            √           14)   current ratio;
                  15)   rasio liabilitas terhadap ekuitas;                       √           15)   liabilities to equities ratio;
                  16)   rasio liabilitas terhadap jumlah aset; dan               √           16)   liabilities to total assets ratio; and
                  17)   informasi dan rasio keuangan lainnya yang relevan        √           17)   other information and financial ratios relevant to
                        dengan Emiten atau Perusahaan Publik dan jenis                             the Issuer or Public Company and type of industry;
                        industrinya;
             b.   Informasi Saham                                                       b.   Stock Information
                  Informasi Saham (jika ada) paling sedikit memuat:                          Stock Information (if any) at least contains:
                  1)    saham yang telah diterbitkan untuk setiap masa         11-12         1)    shares issued for each three-month period in the
                        triwulan (jika ada) yang disajikan dalam bentuk                            last 2 (two) fiscal years (if any), at least covering:
                        perbandingan selama 2 (dua) tahun buku terakhir,
                        paling sedikit meliputi:
                        a)    jumlah saham yang beredar;                         √                 a)    number of outstanding shares;
                        b)    kapitalisasi pasar berdasarkan harga pada          √                 b)    market capitalization based on the price at
                              Bursa Efek tempat saham dicatatkan;                                        the Stock Exchange where the shares listed
                                                                                                         on;
                        c)    harga saham tertinggi, terendah, dan               √                 c)    highest share price, lowest share price,
                              penutupan berdasarkan harga pada Bursa                                     closing share price at the Stock Exchange
                              Efek tempat saham dicatatkan; dan                                          where the shares listed on; and
                        d)    volume perdagangan pada Bursa Efek tempat          √                 d)    share volume at the Stock Exchange where
                              saham dicatatkan;                                                          the shares listed on;
                        Informasi pada huruf a) diungkap oleh Emiten yang        √                 Information in point a) should be disclosed by the
                        merupakan Perusahaan Terbuka yang sahamnya                                 Issuer, the public company whose shares is listed
                        tercatat maupun tidak tercatat di Bursa Efek;                              or not listed in the Stock Exchange;
                        Informasi pada huruf b), c), dan huruf d) hanya          √                 Information in point b), point c), and point d) only
                        diungkapkan jika Emiten merupakan Perusahaan                               be disclosed if the Issuer is a public company
                        Terbuka dan sahamnya tercatat di Bursa Efek;                               whose shares is listed in the Stock Exchange;
                  2)    dalam hal terjadi aksi korporasi, seperti pemecahan      √           2)    in the event of corporate actions, including stock
                        saham (stock split), penggabungan saham                                    split, reverse stock, dividend, bonus share, and
                        (reverse stock), dividen saham, saham bonus,                               change in par value of shares, then the share
                        dan perubahan nilai nominal saham, informasi                               price referred to in point 1), should be added with
                        saham sebagaimana dimaksud pada angka 1)                                   explanation on:
                        ditambahkan penjelasan paling sedikit mengenai:

                        a)    tanggal pelaksanaan aksi korporasi;               N/A                a)    date of corporate action;
                        b)    rasio pemecahan saham (stock split),              N/A                b)    stock split ratio, reverse stock, dividend,
                              penggabungan saham (reverse stock), dividen                                bonus shares, and change in par value of
                              saham, saham                                                               shares;
                        c)    jumlah saham beredar sebelum dan sesudah          N/A                c)    number of outstanding shares prior to and
                              aksi korporasi; dan                                                        after corporate action; and
                        d)    jumlah efek konversi yang dilaksanakan (jika      N/A                d)    The number of convertible securities
                              ada); dan                                                                  exercised (if any); and
                        e)    harga saham sebelum dan sesudah aksi              N/A                e)    share price prior to and after corporate
                              korporasi;                                                                 action;
                  3)    dalam hal terjadi penghentian sementara                  √           3)    in the event that the Company’s shares were
                        perdagangan saham (suspension), dan/atau                                   suspended and/or delisted from trading during
                        penghapusan pencatatan saham (delisting) dalam                             the year under review, then the Issuers or Public
                        tahun buku, Emiten atau Perusahaan Publik                                  Company should provide explanation on the
                        menjelaskan alasan penghentian sementara                                   reason for the suspension and/or delisting; and
                        perdagangan saham (suspension) dan/atau
                        penghapusan pencatatan saham (delisting)
                        tersebut; dan




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         4)   dalam hal penghentian sementara perdagangan           N/A                  4)   in the event that the suspension and/or delisting
              saham (suspension) dan/atau penghapusan                                         as referred to in point 3) was still in effect until the
              pencatatan saham (delisting) sebagaimana                                        date of the Annual Report, then the Issuer or the
              dimaksud pada angka 3) masih berlangsung                                        Public Company should also explain the corporate
              hingga akhir periode Laporan Tahunan, Emiten                                    actions taken by the Company in resolving the
              atau Perusahaan Publik menjelaskan tindakan                                     suspension and/or delisting;
              yang dilakukan untuk menyelesaikan penghentian
              sementara perdagangan saham (suspension) dan/
              atau penghapusan pencatatan saham (delisting)
              tersebut;
    c.   Laporan Direksi                                                            c.   The Board of Directors Report
         Laporan Direksi paling sedikit memuat:                                          The Board of Directors Report should at least contain
                                                                                         the following items:
         1)   uraian singkat mengenai kinerja Emiten atau                                1)   the performance of the Issuer or Public Company,
              Perusahaan Publik, paling sedikit meliputi:                                     at least covering:
              a)   strategi dan kebijakan strategis Emiten atau     40                        a)   strategy and strategic policies of the Issuer or
                   Perusahaan Publik;                                                              Public Company;
              b)   peranan Direksi dalam perumusan strategi         41                        b)   Role of the Board of Directors in formulating
                   dan kebijakan strategis Emiten atau                                             strategies and strategic policies of Issuers or
                   Perusahaan Publik;                                                              Public Companies;
              c)   proses yang dilakukan Direksi untuk              41                        c)   Process carried out by the Board of Directors
                   memastikan implementasi strategi Emiten                                         to ensure the implementation of the Issuer’s
                   atau Perusahaan Publik;                                                         or Public Company’s strategy;
              d)   perbandingan antara hasil yang dicapai           42                        d)   comparison between achievement of results
                   dengan yang ditargetkan; dan                                                    and targets; and
              e)   kendala yang dihadapi Emiten atau                43                        e)   challenges faced by the Issuer or Public
                   Perusahaan Publik;                                                              Company;
         2)   gambaran tentang prospek usaha;                       44                   2)   description on business prospects;
         3)   penerapan tata kelola Emiten atau Perusahaan          44                   3)   implementation of good corporate governance by
              Publik; dan                                                                     Issuer or Public Company; and
         4)   perubahan komposisi anggota Direksi dan alasan        45                   4)   changes in the composition of the Board of
              perubahannya (jika ada);                                                        Directors and the reason behind (if any);
    d.   Laporan Dewan Komisaris                                                    d.   The Board of Commissioners Report
         Laporan Dewan Komisaris paling sedikit memuat:                                  The Board of Commissioners Report should at least
                                                                                         contain the following items:
         1)   Penilaian terhadap kinerja Direksi mengenai           33                   1)   Assessment on the performance of the Board of
              pengelolaan Emiten atau Perusahaan Publik;                                      Directors in managing the Issuer or the Public
                                                                                              Company;
         2)   Pengawasan terhadap implementasi strategi             33                   2)   Supervision on the implementation of the strategy
              Emiten atau Perusahaan Publik;                                                  of the Issuer or Public Company;
         3)   Pandangan atas prospek usaha Emiten atau              33                   3)   View on the business prospects of the Issuer or
              Perusahaan Publik yang disusun oleh Direksi;                                    Public Company as established by the Board of
                                                                                              Directors;
         4)   Pandangan atas penerapan tata kelola Emiten atau      34                   4)   View on the implementation of the corporate
              Perusahaan Publik;                                                              governance by the Issuer or Public Company;

         5)   Perubahan komposisi anggota Dewan Komisaris           35                   5)   Changes in the composition of the Board of
              dan alasan perubahannya (jika ada); dan                                         Commissioners and the reason behind (if any); and
    e.   Profil Emiten atau Perusahaan Publik                                       e.   Profile of the Issuer or Public Company
         Profil Emiten atau Perusahaan Publik paling sedikit                             Profile of the Issuer or Public Company should cover
         memuat:                                                                         at least:
         1)   Nama Emiten atau Perusahaan Publik termasuk           57                   1)   Name of Issuer or Public Company, including
              apabila terdapat perubahan nama, alasan                                         change of name, reason of change, and the
              perubahan, dan tanggal efektif perubahan nama                                   effective date of the change of name during the
              pada tahun buku;                                                                year under review;
         2)   Akses terhadap Emiten atau Perusahaan Publik                               2)   access to Issuer or Public Company, including
              termasuk kantor cabang atau kantor perwakilan                                   branch office or representative office, where
              yang memungkinkan masyarakat dapat                                              public can have access of information of the Issuer
              memperoleh informasi mengenai Emiten atau                                       or Public Company, which include:
              Perusahaan Publik, meliputi:
              a)   Alamat;                                          56                        a)   Address;
              b)   Nomor telepon;                                   56                        b)   Telephone number;
              c)   Nomor faksimile;                                 56                        c)   Facsimile number;
              d)   Alamat surat elektronik; dan                     56                        d)   E-mail address; and
              e)   Alamat Situs Web;                                56                        e)   Website address;
         3)   Riwayat singkat Emiten atau Perusahaan Publik;       52-55                 3)   Brief history of the Issuer or Public Company;
         4)   Visi dan misi Emiten atau Perusahaan Publik;         58-59                 4)   Vision and mission of the Issuer or Public
                                                                                              Company;
         5)   Kegiatan usaha menurut anggaran dasar terakhir,      60-64                 5)   Line of business according to the latest Articles of
              kegiatan usaha yang dijalankan pada tahun buku,                                 Association, and types of products and/or services
              serta jenis barang dan/atau jasa yang dihasilkan;                               produced;




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                 6)    Wilayah operasional Emiten atau Perusahaan              65-67    6)    Operational area of the Issuer or Public Company
                       Publik;
                 7)    Struktur organisasi Emiten atau Perusahaan Publik       68-69    7)    Structure of organization of the Issuer or Public
                       dalam bentuk bagan, paling sedikit sampai dengan                       Company in chart form, at least 1 (one) level below
                       struktur 1 (satu) tingkat di bawah Direksi, disertai                   the Board of Directors, with the names and titles;
                       dengan nama dan jabatan;
                 8)    daftar keanggotaan asosiasi industri baik                57      8)    List of industry association memberships both on
                       dalam skala nasional maupun internasional                              a national and international scale related to the
                       yang berkaitan dengan penerapan keuangan                               implementation of sustainable finance;
                       berkelanjutan
                 9)    Profil Direksi, paling sedikit memuat:                  78-88    9)    The Board of Directors profiles include:
                       a)   Nama dan jabatan yang sesuai dengan tugas            √            a)   Name and short description of duties and
                            dan tanggung jawab;                                                    functions;
                       b)   Foto terbaru;                                        √            b)   Latest photograph;
                       c)   Usia;                                                √            c)   Age;
                       d)   Kewarganegaraan;                                     √            d)   Citizenship;
                       e)   Riwayat pendidikan;                                  √            e)   Education;
                       f)   Riwayat jabatan, meliputi informasi:                 √            f)   history position, covering information on:
                            (1)     Dasar hukum penunjukan sebagai               √                 (1)    Legal basis for appointment as member
                                    anggota Direksi pada Emiten atau                                      of the Board of Directors to the said
                                    Perusahaan Publik yang bersangkutan;                                  Issuer or Public Company;
                            (2)     Rangkap jabatan, baik sebagai anggota        √                 (2)    Dual position, as member of the Board
                                    Direksi, anggota Dewan Komisaris, dan/                                of Directors, member of the Board of
                                    atau anggota komite serta jabatan                                     Commissioners, and/or member of
                                    lainnya (jika ada); dan                                               committee, and other position (if any);
                                                                                                          and
                            (3)     Pengalaman kerja beserta periode             √                 (3)    Working experience and period in and
                                    waktunya baik di dalam maupun di luar                                 outside the Issuer or Public Company;
                                    Emiten atau Perusahaan Publik;
                       g)   hubungan afiliasi dengan anggota Direksi            92            g)   Affiliation with other members of the Board
                            lainnya, anggota Dewan Komisaris, pemegang                             of Directors, members of the Board of
                            saham utama, dan pengendali baik langsung                              Commissioners, majority and controlling
                            maupun tidak langsung sampai kepada                                    shareholders, either directly or indirectly
                            pemilik individu, meliputi nama pihak yang                             to individual owners, including names of
                            terafiliasi;                                                           affiliated parties. In the event that a member
                                                                                                   of the Board of Directors has no affiliation,
                                                                                                   the Issuer or Public Company shall disclose
                                                                                                   this matter; and
                       h)   perubahan komposisi anggota Direksi dan             89            h)   Changes in the composition of the members
                            alasan perubahannya. Dalam hal tidak                                   of the Board of Directors and the reasons
                            terdapat perubahan komposisi anggota                                   for the changes. In the event that there is no
                            Direksi, maka diungkapkan mengenai hal                                 change in the composition of the members
                            tersebut;                                                              of the Board of Directors, this matter shall be
                                                                                                   disclosed;
                 10)   Profil Dewan Komisaris, paling sedikit memuat:          72-77    10)   The Board of Commissioners profiles, at least
                                                                                              include:
                       a)   Nama;                                                √            a)   Name;
                       b)   Foto terbaru;                                        √            b)   Latest photograph;
                       c)   Usia;                                                √            c)   Age;
                       d)   Kewarganegaraan;                                     √            d)   Citizenship;
                       e)   Riwayat pendidikan;                                  √            e)   Education;
                       f)   Riwayat jabatan, meliputi informasi:                 √            f)   History position, covering information on:

                            (1)     Dasar hukum penunjukan sebagai               √                 (1)    Legal basis for the appointment as
                                    anggota Dewan Komisaris yang bukan                                    member of the Board of Commissioners
                                    merupakan Komisaris Independen pada                                   who is not Independent Commissioner
                                    Emiten atau Perusahaan Publik yang                                    at the said Issuer or Public Company;
                                    bersangkutan;
                            (2)     Dasar hukum penunjukan pertama kali          √                 (2)    Legal bases for the first appointment as
                                    sebagai anggota Dewan Komisaris yang                                  member of the Board of Commissioners
                                    merupakan Komisaris Independen pada                                   who also Independent Commissioner at
                                    Emiten atau Perusahaan Publik yang                                    the said Issuer or Public Company;
                                    bersangkutan;
                            (3)     Rangkap jabatan, baik sebagai anggota        √                 (3)    Dual position; as member of the Board
                                    Dewan Komisaris, anggota Direksi, dan/                                of Commissioners, member of the
                                    atau anggota komite serta jabatan                                     Board of Directors, and/or member of
                                    lainnya (jika ada); dan                                               committee and other position (if any);
                                                                                                          and
                            (4)     Pengalaman kerja beserta periode             √                 (4)    Working experience and period in and
                                    waktunya baik di dalam maupun di luar                                 outside the Issuer or Public Company;
                                    Emiten atau Perusahaan Publik;




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              g)   Hubungan afiliasi dengan anggota Dewan              92                        g)      Affiliation with other members of the Board
                   Komisaris lainnya, pemegang saham utama,                                              of Commissioners, major shareholders,
                   dan pengendali baik langsung maupun tidak                                             and controllers either directly or indirectly
                   langsung sampai kepada pemilik individu,                                              to individual owners, including names of
                   meliputi nama pihak yang terafilias                                                   affiliated parties; In the event that a member
                                                                                                         of the Board of Commissioners has no
                                                                                                         affiliation, the Issuer or Public Company shall
                                                                                                         disclose this matter;
              h)   Pernyataan independensi Komisaris                   N/A                       h)      Statement of independence of Independent
                   Independen dalam hal Komisaris Independen                                             Commissioner in the event that the
                   telah menjabat lebih dari 2 (dua) periode (jika                                       Independent Commissioner has been
                   ada);                                                                                 appointed more than 2 (two) periods (if any);

              i)   Perubahan komposisi anggota Dewan                   89                        i)      Changes in the composition of the members
                   Komisaris dan alasan perubahannya. Dalam                                              of the Board of Commissioners and the
                   hal tidak terdapat perubahan komposisi                                                reasons for the changes. In the event that
                   anggota Dewan Komisaris, maka diungkapkan                                             there is no change in the composition of the
                   mengenai hal tersebut;                                                                members of the Board of Commissioners,
                                                                                                         this matter shall be disclosed;
       11)    Dalam hal terdapat perubahan susunan anggota            90-91                11)   In the event that there were changes in the
              Direksi dan/atau anggota Dewan Komisaris yang                                      composition of the Board of Commissioners and/
              terjadi setelah tahun buku berakhir sampai dengan                                  or the Board of Directors occurring between the
              batas waktu penyampaian Laporan Tahunan,                                           period after year-end until the date the Annual
              susunan yang dicantumkan dalam Laporan                                             Report submitted, then the last and the previous
              Tahunan adalah susunan anggota Direksi dan/                                        composition of the Board of Commissioners and/
              atau anggota Dewan Komisaris yang terakhir dan                                     or the Board of Directors shall be stated in the
              sebelumnya;                                                                        Annual Report;
       12)    Jumlah karyawan menurut jenis kelamin,                  93-94                12)   Number of employees by gender, position,
              jabatan, usia, tingkat pendidikan, dan status                                      age, education level, and employment status
              ketenagakerjaan (tetap/kontrak) dalam tahun buku;                                  (permanent/contracted) in the fiscal year;
                                                                                                 Disclosure of information can be presented in
                                                                                                 tabular form.
       13)    Nama pemegang saham dan persentase                                           13)   Names of shareholders and ownership percentage
              kepemilikan pada akhir tahun buku, yang terdiri                                    at the end of the fiscal year, including:
              dari:
              a)   Pemegang saham yang memiliki 5% (lima               95                        a)      Shareholders having 5% (five percent) or
                   persen) atau lebih saham Emiten atau                                                  more shares of Issuer or Public Company;
                   Perusahaan Publik;
              b)   Anggota Direksi dan anggota Dewan                   97                        b)      Commissioners and Directors who own
                   Komisaris yang memiliki saham Emiten atau                                             shares of the Issuers or Public Company; and
                   Perusahaan Publik; dan
              c)   Kelompok pemegang saham masyarakat,                 96                        c)      Groups of public shareholders, or groups of
                   yaitu kelompok pemegang saham yang                                                    shareholders, each with less than 5% (five
                   masing-masing memiliki kurang dari 5% (lima                                           percent) ownership shares of the Issuers or
                   persen) saham emiten atau perusahaan                                                  Public Company;
                   publik;
       14)    Persentase kepemilikan tidak langsung atas saham       97 (N/A)              14)   The percentage of indirect ownership of the shares
              Emiten atau Perusahaan Publik oleh anggota                                         of the Issuer or Public Company by members of
              Direksi dan anggota Dewan Komisaris pada                                           the Board of Directors and members of the Board
              awal dan akhir tahun buku, termasuk informasi                                      of Commissioners at the beginning and end of the
              mengenai pemegang saham yang terdaftar dalam                                       fiscal year, including information on shareholders
              daftar pemegang saham untuk kepentingan                                            registered in the shareholder register for the
              kepemilikan tidak langsung anggota Direksi dan                                     benefit of indirect ownership of members of the
              anggota Dewan Komisaris;                                                           Board of Directors and members of the Board of
                                                                                                 Commissioners;
       15)    Jumlah pemegang saham dan persentase                                         15)   Number of shareholders and ownership
              kepemilikan per akhir tahun buku berdasarkan                                       percentage at the end of the fiscal year, based on:
              klasifikasi:
              a)   Kepemilikan institusi lokal;                        96                        a)      Ownership of local institutions;
              b)   Kepemilikan institusi asing;                        96                        b)      Ownership of foreign institutions;
              c)   Kepemilikan individu lokal; dan                     96                        c)      Ownership of local individual; and
              d)   Kepemilikan individu asing;                         96                        d)      Ownership of foreign individual;
       16)    Informasi mengenai pemegang saham utama dan             98-99                16)   Information on major shareholders and
              pengendali Emiten atau Perusahaan Publik, baik                                     controlling shareholders the Issuers of Public
              langsung maupun tidak langsung, sampai kepada                                      Company, directly or indirectly, and also individual
              pemilik individu, yang disajikan dalam bentuk                                      shareholder, presented in the form of scheme or
              skema atau bagan;                                                                  diagram;
       17)    Nama entitas anak, perusahaan asosiasi,                100-108               17)   Name of subsidiaries, associated companies, joint
              perusahaan ventura bersama dimana Emiten atau                                      venture controlled by Issuers or Public Company,
              Perusahaan Publik memiliki pengendalian bersama                                    with entity, percentage of stock ownership, line of
              entitas, beserta persentase kepemilikan saham,                                     business, total assets and operating status of the
              bidang usaha, total aset, dan status operasi Emiten                                Issuers of Public Company (if any);
              atau Perusahaan Publik tersebut (jika ada);
              Untuk entitas anak, ditambahkan informasi                 √                        For subsidiaries, include the addresses of the said
              mengenai alamat entitas anak tersebut;                                             subsidiaries;




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                  18)   Kronologi pencatatan saham, jumlah saham,                109          18)   Chronology of share listing, number of shares, par
                        nilai nominal, dan harga penawaran dari awal                                value, and bid price from the beginning of listing
                        pencatatan hingga akhir tahun buku serta nama                               up to the end of the financial year, and name
                        Bursa Efek dimana saham Emiten atau Perusahaan                              of Stock Exchange where the Issuers of Public
                        Publik dicatatkan (jika ada);                                               Company shares are listed;
                  19)   Informasi pencatatan efek lainnya selain efek            110          19)   Other securities listing information other than the
                        sebagaimana dimaksud pada angka 18), yang                                   securities as referred to in number 18), which have
                        belum jatuh tempo pada tahun buku paling sedikit                            not yet matured in the fiscal year, at least contain
                        memuat nama efek, tahun penerbitan, tingkat                                 the name of the securities, year of issue, interest
                        suku bunga/imbal hasil, tanggal jatuh tempo, nilai                          rate/yield, maturity date, offering value, and
                        penawaran, dan peringkat efek (jika ada);                                   securities rating (if any);
                  20)   Informasi penggunaan jasa akuntan publik (AP)            110          20)   Information on the use of a Public Accountant (AP)
                        dan kantor akuntan publik (KAP) beserta jaringan/                           and a Public Accounting firm (KAP) services and
                        asosiasi/aliansinya meliputi:                                               their networks/associations/alliances include:
                        a)   nama dan alamat;                                     √                 a)   name and address;
                        b)   periode penugasan;                                   √                 b)   period of assignment;
                        c)   informasi jasa audit dan/atau non audit yang         √                 c)   informasi jasa audit dan/atau non audit yang
                             diberikan;                                                                  diberikan;
                        d)   biaya jasa (fee) audit dan/atau non audit untuk      √                 d)   Audit and/or non-audit fees for each
                             masing-masing penugasan yang diberikan                                      assignment given during the fiscal year; and
                             selama tahun buku; dan
                        e)   dalam hal AP dan KAP beserta jaringan/               √                 e)   In the event that AP and KAP and their
                             asosiasi/aliansinya, yang ditunjuk tidak                                    network/association/alliance, which are
                             memberikan jasa non audit, maka                                             appointed do not provide non-audit services,
                             diungkapkan mengenai informasi tersebut;                                    then the information is disclosed; and
                             dan
                  21)   Nama dan alamat lembaga dan/atau profesi                 111          21)   Name and address of capital market supporting
                        penunjang pasar modal selain AP dan KAP;                                    institutions and/or professionals other than AP
                                                                                                    and KAP
             f.   Analisis dan Pembahasan Manajemen                                      f.   Management Discussion and Analysis
                  Analisis dan pembahasan manajemen memuat analisis                           Management Analysis and Discussion Annual should
                  dan pembahasan mengenai laporan keuangan dan                                contain discussion and analysis on financial statements
                  informasi penting lainnya dengan penekanan pada                             and other material information emphasizing material
                  perubahan material yang terjadi dalam tahun buku, yaitu                     changes that occurred during the year under review, at
                  paling sedikit memuat:                                                      least including:
                  1)    Tinjauan operasi per segmen operasi sesuai             126-137        1)    Operational review per business segment,
                        dengan jenis industri Emiten atau Perusahaan                                according to the type of industry of the Issuer or
                        Publik, paling sedikit mengenai:                                            Public Company including:
                        a)   Produksi, yang meliputi proses, kapasitas, dan       √                 a)   Production, including process, capacity, and
                             perkembangannya;                                                            growth;
                        b)   Pendapatan/penjualan; dan                            √                 b)   Income/sales; and
                        c)   Profitabilitas;                                      √                 c)   Profitability;
                  2)    Kinerja keuangan komprehensif yang mencakup                           2)    comprehensive financial performance analysis
                        perbandingan kinerja keuangan dalam 2 (dua)                                 which includes a comparison between the financial
                        tahun buku terakhir, penjelasan tentang penyebab                            performance of the last 2 (two) fiscal years, and
                        adanya perubahan dan dampak perubahan                                       explanation on the causes and effects of such
                        tersebut, paling sedikit mengenai:                                          changes, among others concerning:
                        a)   Aset lancar, aset tidak lancar, dan total aset;   139-140              a)   Current assets, non-current assets, and total
                                                                                                         assets;
                        b)   Liabilitas jangka pendek, liabilitas jangka         141                b)   Short term liabilities, long term liabilities,
                             panjang, dan total liabilitas;                                              total liabilities;
                        c)   Ekuitas;                                            142                c)   Equities;
                        d)   Pendapatan/penjualan, beban, laba (rugi),         143-145              d)   Sales/operating revenues, expenses and
                             penghasilan komprehensif lain, dan total laba                               profit (loss), other comprehensive revenues,
                             (rugi) komprehensif; dan                                                    and total comprehensive profit (loss); and
                        e)   Arus kas                                          145-146              e)   Cash flows
                  3)    Kemampuan membayar utang dengan menyajikan             146-147        3)    The capacity to pay debts by including the
                        perhitungan rasio yang relevan;                                             computation of relevant ratios;
                  4)    Tingkat kolektibilitas piutang emiten atau               148          4)    Accounts receivable collectability of the Issuer or
                        perusahaan publik dengan menyajikan perhitungan                             Public Company, including the computation of the
                        rasio yang relevan;                                                         relevant ratios;
                  5)    Struktur modal (capital structure) dan kebijakan       148-149        5)    Capital structure and management policies
                        manajemen atas struktur modal (capital structure)                           concerning capital structure, including the basis
                        tersebut disertai dasar penentuan kebijakan                                 for determining the said policy;
                        dimaksud;
                  6)    Bahasan mengenai ikatan yang material untuk              149          6)    discussion on material ties for the investment
                        investasi barang modal dengan penjelasan paling                             of capital goods, including the explanation on at
                        sedikit meliputi:                                                           least:
                        a)   Tujuan dari ikatan tersebut;                        N/A                a)   The purpose of such ties;
                        b)   Sumber dana yang diharapkan untuk                   N/A                b)   Source of funds expected to fulfill the said
                             memenuhi ikatan tersebut;                                                   ties;
                        c)   Mata uang yang menjadi denominasi; dan              N/A                c)   Currency of denomination; and




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              d)   Langkah yang direncanakan emiten atau              N/A                       d)   Steps taken by the Issuer of Public Company
                   perusahaan publik untuk melindungi risiko                                         to protect the position of a related foreign
                   dari posisi mata uang asing yang terkait;                                         currency against risks;
       7)     Bahasan mengenai investasi barang modal yang          148-149               7)    Discussion on investment of capital goods which
              direalisasikan dalam tahun buku terakhir, paling                                  was realized in the last fiscal year, at least include:
              sedikit meliputi:
              a)   Jenis investasi barang modal;                       √                        a)   Type of investment of capital goods;
              b)   Tujuan investasi barang modal; dan                  √                        b)   Objective of the investment of capital goods;
                                                                                                     and
              c)   Nilai investasi barang modal yang dikeluarkan;      √                        c)   Value of the investment of capital goods;
       8)     Informasi dan fakta material yang terjadi setelah       149                 8)    Material Information and facts that occurring after
              tanggal laporan akuntan (jika ada);                                               the date of the accountant’s report (if any);
       9)     Prospek usaha dari emiten atau perusahaan             135-137               9)    Information on the prospects of the Issuer or the
              publik dikaitkan dengan kondisi industri, ekonomi                                 Company in connection with industry,economy in
              secara umum dan pasar internasional disertai data                                 general, accompanied with supporting quantitative
              pendukung kuantitatif dari sumber data yang layak                                 data if there is a reliable data source;
              dipercaya;
       10)    Perbandingan antara target/proyeksi pada awal           150                 10)   Comparison between target/projection at
              tahun buku dengan hasil yang dicapai (realisasi),                                 beginning of year and result (realization),
              mengenai:                                                                         concerning:
              a)   Pendapatan/penjualan;                              N/A                       a)   Income/sales;
              b)   Laba (rugi);                                       N/A                       b)   Profit (loss);
              c)   Struktur modal (capital structure);                N/A                       c)   Capital structure; or
              d)   Kebijakan dividen; atau                            N/A                       d)   Dividend policy; or
              e)   Hal lainnya yang dianggap penting bagi             N/A                       e)   Others that deemed necessary for the Issuer
                   Emiten atau Perusahaan Publik;                                                    or Public Company;
       11)    Target/proyeksi yang ingin dicapai Emiten               150                 11)   Target/projection at most for the next one year of
              atau Perusahaan Publik untuk 1 (satu) tahun                                       the Issuer or Public Company, concerning:
              mendatang, mengenai:
              a)   Pendapatan/penjualan;                              N/A                       a)   Income/sales;
              b)   Laba (rugi);                                       N/A                       b)   Profit (loss);
              c)   Struktur modal (capital structure);                N/A                       c)   Capital structure; or
              d)   Kebijakan dividen; atau                            N/A                       d)   Dividend policy;
              e)   Hal lainnya yang dianggap penting bagi             N/A                       e)   Or others that deemed necessary for the
                   Emiten atau Perusahaan Publik;                                                    Issuer or Public Company;
       12)    Aspek pemasaran atas barang dan/atau jasa             151-152               12)   Marketing aspects of the Company’s products and/
              Emiten atau Perusahaan Publik, paling sedikit                                     or services the Issuer or Public Company, among
              mengenai strategi pemasaran dan pangsa pasar;                                     others marketing strategy and market share;
       13)    Uraian mengenai dividen selama 2 (dua) tahun          152-153               13)   Description regarding the dividend policy during
              buku terakhir (jika ada), paling sedikit:                                         the last 2 (two) fiscal years, at least:
              a)   Kebijakan dividen;                                  √                        a)   Dividend policy;
              b)   Tanggal pembayaran dividen kas dan/atau             √                        b)   The date of the payment of cash dividend
                   tanggal distribusi dividen non kas;                                               and/or date of distribution of non-cash
                                                                                                     dividend;
              c)   Jumlah dividen per saham (kas dan/atau non          √                        c)   Amount of cash per share (cash and/or non
                   kas); dan                                                                         cash); and
              d)   Jumlah dividen per tahun yang dibayar;              √                        d)   Amount of dividend per year paid;
              Dalam hal Emiten atau Perusahaan Publik tidak                                     Disclosure of information can be presented in
              membagikan dividen dalam 2 (dua) tahun terakhir,                                  tabular form. In the event that the Issuer or Public
              maka diungkapkan mengenai hal tersebut.                                           Company does not distribute dividends in the last
                                                                                                2 (two) years, this matter shall be disclosed.
       14)    Realisasi penggunaan dana hasil Penawaran             154 (N/A)             14)   Use of proceeds from Public Offerings, under the
              Umum, dengan ketentuan:                                                           condition of:
              a)   Dalam hal selama tahun buku, Emiten                  -                       a)   during the year under review, on which
                   memiliki kewajiban menyampaikan                                                   the Issuer has the obligation to report the
                   laporan realisasi penggunaan dana, maka                                           realization of the use of proceeds, then the
                   diungkapkan realisasi penggunaan dana hasil                                       realization of the cumulative use of proceeds
                   Penawaran Umum secara kumulatif sampai                                            until the year end should be disclosed; and
                   dengan akhir tahun buku; dan
              b)   Dalam hal terdapat perubahan penggunaan              -                       b)   In the event that there were changes in
                   dana sebagaimana diatur dalam Peraturan                                           the use of proceeds as stipulated in the
                   Otoritas Jasa Keuangan tentang Laporan                                            Regulation of the Financial Services Authority
                   Realisasi Penggunaan Dana Hasil Penawaran                                         on the Report of the Utilization of Proceeds
                   Umum, maka Emiten menjelaskan perubahan                                           from Public Offering, then Issuer should
                   tersebut;                                                                         explain the said changes;
       15)    Informasi material (jika ada), antara lain mengenai   154-170               15)   Material information (if any), among others
              investasi, ekspansi, divestasi, penggabungan/                                     concerning investment, expansion, divestment,
              peleburan usaha, akuisisi, restrukturisasi utang/                                 acquisition, debt/capital restructuring,
              modal, transaksi Afiliasi, dan transaksi yang                                     transactions with related parties and transactions
              mengandung benturan kepentingan, yang terjadi                                     with conflict of interest that occurred during the
              pada tahun buku, antara lain memuat:                                              year under review, among others include:
              a)   Tanggal, nilai, dan objek transaksi;                √                        a)   Transaction date, value, and object;




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                        b)   Nama pihak yang melakukan transaksi;                    √                    b)   Name of transacting parties;
                        c)   Sifat hubungan Afiliasi (jika ada);                     √                    c)   Nature of related parties (if any);
                        d)   Penjelasan mengenai kewajaran transaksi;                √                    d)   Description of the fairness of the transaction;
                             dan                                                                               and
                        e)   Pemenuhan ketentuan terkait;                            √                    e)   Compliance with related rules and
                                                                                                               regulations;
                        f)   dalam hal terdapat hubungan afiliasi, selain                                 f)   In the event that there is an affiliation
                             mengungkapkan informasi sebagaimana                                               relationship, apart from disclosing the
                             dimaksud dalam huruf a) sampai dengan                                             information as referred to in letter a) to
                             huruf e), Emiten atau Perusahaan Publik juga                                      letter e), the Issuer or Public Company also
                             mengungkapkan informasi:                                                          discloses information:
                             1)   Pernyataan Direksi bahwa transaksi                 √                         1)   A statement from the Board of Directors
                                  afiliasi telah melalui prosedur yang                                              that the affiliate transaction has gone
                                  memadai untuk memastikan bahwa                                                    through adequate procedures to
                                  transaksi afiliasi dilaksanakan sesuai                                            ensure that the affiliate transaction
                                  dengan praktik bisnis yang berlaku                                                is carried out in accordance with
                                  umum antara lain dilakukan dengan                                                 generally accepted business practices,
                                  memenuhi prinsip transaksi yang wajar                                             by complying with the arms-length
                                  (arms- length principle); dan                                                     principle; and

                             2)   Peran Dewan Komisaris dan komite                   √                         2)   The role of the Board of Commissioners
                                  audit dalam melakukan prosedur yang                                               and the audit committee in carrying out
                                  memadai untuk memastikan bahwa                                                    adequate procedures to ensure that
                                  transaksi afiliasi dilaksanakan sesuai                                            affiliated transactions are carried out
                                  dengan praktik bisnis yang berlaku                                                in accordance with generally accepted
                                  umum antara lain dilakukan dengan                                                 business practices, by complying with
                                  memenuhi prinsip transaksi yang wajar                                             the arms-length principle;
                                  (arms- length principle);
                        g)   Dalam hal transaksi afiliasi atau transaksi             √                    g)   For affiliated transactions or material
                             material dimaksud telah diungkapkan dalam                                         transactions which are business activities
                             laporan keuangan tahunan, ditambahkan                                             carried out to generate business income and
                             informasi mengenai rujukan pengungkapan                                           are carried out regularly, repeatedly, and/
                             dalam laporan keuangan tahunan tersebut.                                          or continuously, an explanation is added
                                                                                                               that the affiliated transactions or material
                                                                                                               transactions are business activities carried
                                                                                                               out to generate operating income. and run
                                                                                                               regularly, repeatedly, and/or continuously;
                        h)   Untuk pengungkapan transaksi afiliasi dan/             N/A                   h)   For disclosure of affiliated transactions and/
                             atau transaksi benturan kepentingan yang                                          or conflict of interest transactions resulting
                             merupakan hasil pelaksanaan transaksi                                             from the implementation of affiliated
                             afiliasi dan/atau transaksi benturan                                              transactions and/or conflict of interest
                             kepentingan yang telah disetujui pemegang                                         transactions that have been approved
                             saham independen, ditambahkan informasi                                           by independent shareholders, additional
                             mengenai tanggal pelaksanaan RUPS yang                                            information regarding the date of the GMS
                             menyetujui transaksi afiliasi dan/atau                                            which approved the affiliated transactions
                             transaksi benturan kepentingan tersebut;                                          and/or conflict of interest transactions is
                                                                                                               added;
                        i)   Dalam hal tidak terdapat transaksi afiliasi dan/       169                   i)   In the event that there is no affiliated
                             atau transaksi benturan kepentingan, maka                                         transaction and/or conflict of interest
                             diungkapkan mengenai hal tersebut;                                                transaction, then this shall be disclosed;
                  16)   Perubahan ketentuan peraturan perundang-                    170             16)   Changes in regulation which have a significant
                        undangan yang berpengaruh signifikan terhadap                                     effect on the Issuer or Public Company and
                        Emiten atau Perusahaan Publik dan dampaknya                                       impacts on the Company (if any); and
                        terhadap laporan keuangan (jika ada); dan
                  17)   Perubahan kebijakan akuntansi, alasan dan                   171             17)   Changes in the accounting policy, rationale and
                        dampaknya terhadap laporan keuangan (jika ada);                                   impact on the financial statement (if any);
             g.   Tata Kelola Emiten atau Perusahaan Publik                                    g.   Corporate Governance of the Issuer or Public Company
                  Tata kelola Emiten atau Perusahaan Publik paling sedikit                          Corporate Governance of the Issuer or Public Company
                  memuat uraian singkat mengenai:                                                   contains at least:
                  1)    RUPS, paling sedikit memuat:                                                1)    GMS, at least contains:
                        a)   Informasi mengenai keputusan RUPS pada                                       a)   Information regarding the resolutions of the
                             tahun buku dan 1 (satu) tahun sebelum tahun                                       GMS in the fiscal year and 1 (one) year prior
                             buku meliputi:                                                                    to the fiscal year include:
                             1)   keputusan RUPS pada tahun buku dan 1          182-183, 185                   1)   Resolutions of the GMS in the fiscal year
                                  (satu) tahun sebelum tahun buku yang                                              and 1 (one) year before the fiscal year
                                  direalisasikan pada tahun buku; dan                                               realized in the fiscal year; and
                             2)   keputusan RUPS pada tahun buku dan 1            185-187                      2)   Resolutions of the GMS in the fiscal year
                                  (satu) tahun sebelum tahun buku yang                                              and 1 (one) year before the fiscal year
                                  belum direalisasikan beserta alasan                                               that have not been realized and the
                                  belum direalisasikan;                                                             reasons for not realizing them;
                        b)   dalam hal Emiten atau Perusahaan Publik              181, 184                b)   In the event that the Issuer or Public
                             menggunakan pihak independen dalam                                                Company uses an independent party in the
                             pelaksanaan RUPS untuk melakukan                                                  conduct of the GMS to calculate the votes,
                             perhitungan suara, maka diungkapkan                                               then this matter shall be disclosed;
                             mengenai hal tersebut;
                  2)    Direksi, mencakup antara lain:                                              2)    The Board of Directors, covering:




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              a)   Tugas dan tanggung jawab masing-masing             191                      a)   The tasks and responsibilities of each
                   anggota Direksi;                                                                 member of the Board of Directors;
              b)   Pernyataan bahwa Direksi memiliki pedoman          191                      b)   Statement that the Board of Directors has
                   atau piagam (charter) Direksi;                                                   already have board manual or charter;
              c)   Kebijakan dan pelaksanaan tentang frekuensi      192-194                    c)   Policies and implementation of the frequency
                   rapat Direksi, termasuk rapat bersama Dewan                                      of meetings of the Board of Directors,
                   Komisaris, dan tingkat kehadiran anggota                                         meetings of the Board of Directors with
                   Direksi dalam rapat tersebut termasuk tingkat                                    the Board of Commissioners, and the level
                   kehadiran dalam RUPS;                                                            of attendance of members of the Board of
                                                                                                    Directors in the meeting including attendance
                                                                                                    at the GMS;
              d)   pelatihan dan/atau peningkatan kompetensi        194-195                    d)   Training and/or competency development of
                   anggota Direksi:                                                                 members of the Board of Directors:

                   (1)   kebijakan pelatihan dan/atau                  √                            (1)   Policies for training and/or improving
                         peningkatan kompetensi anggota                                                   the competence of members of
                         Direksi, termasuk program orientasi bagi                                         the Board of Directors, including
                         anggota Direksi yang baru diangkat (jika                                         an orientation program for newly
                         ada); dan                                                                        appointed members of the Board of
                                                                                                          Directors (if any); and
                   (2)   pelatihan dan/atau peningkatan                √                            (2)   Training and/or competency
                         kompetensi yang diikuti anggota Direksi                                          improvement attended by members of
                         dalam tahun buku (jika ada);                                                     the Board of Directors in the fiscal year
                                                                                                          (if any);
              e)   penilaian Direksi terhadap kinerja komite          196                      e)   The Board of Directors’ assessment of the
                   yang mendukung pelaksanaan tugas Direksi                                         performance of the committees that support
                   pada tahun buku paling sedikit memuat:                                           the implementation of the Board of Directors’
                                                                                                    duties for the fiscal year shall at least contain:
                   (1)   prosedur penilaian kinerja; dan               √                            (1)   Performance appraisal procedures; and
                   (2)   kriteria yang digunakan seperti capaian       √                            (2)   The criteria used are performance
                         kinerja selama tahun buku, kompetensi                                            achievements during the fiscal year,
                         dan kehadiran dalam rapat; dan                                                   are competence and attendance at
                                                                                                          meetings; and
              f)   dalam hal Emiten atau Perusahaan Publik             -                       f)   In the event that the Issuer or Public
                   tidak memiliki komite yang mendukung                                             Company does not have a committee that
                   pelaksanaan tugas Direksi, maka diungkapkan                                      supports the implementation of the duties of
                   mengenai hal tersebut.                                                           the Board of Directors, this matter shall be
                                                                                                    disclosed.
       3)     Dewan Komisaris, mencakup antara lain:                                      3)   The Board of Commissioners, among others
                                                                                               include:
              a)   Tugas dan tanggung jawab Dewan Komisaris;        198-199                    a)   Duties and responsibilities of the Board of
                                                                                                    Commissioners;
              b)   Pernyataan bahwa Dewan Komisaris memiliki          199                      b)   Statement that the Board of Commissioners
                   pedoman atau piagam (charter) Dewan                                              has already have the board manual or
                   Komisaris;                                                                       charter;
              c)   Kebijakan dan pelaksanaan tentang frekuensi      200-201                    c)   Policies and implementation of the frequency
                   rapat Dewan Komisaris, termasuk rapat                                            of meetings of the Board of Commissioners,
                   bersama Direksi, dan tingkat kehadiran                                           meetings of the Board of Commissioners
                   anggota Dewan Komisaris dalam rapat                                              with the Board of Directors and the level
                   tersebut termasuk tingkat kehadiran dalam                                        of attendance of members of the Board of
                   RUPS;                                                                            Commissioners in these meetings including
                                                                                                    attendance at the GMS;
              d)   pelatihan dan/atau peningkatan kompetensi          202                      d)   Training and/or competency improvement of
                   anggota Dewan Komisaris:                                                         members of the Board of Commissioners:
                   (1)   kebijakan pelatihan dan/atau                  √                            (1)   Policy on competency training and/
                         peningkatan kompetensi anggota Dewan                                             or development of members of the
                         Komisaris, termasuk program orientasi                                            Board of Commissioners, including
                         bagi anggota Dewan Komisaris yang                                                orientation programs for newly
                         baru diangkat (jika ada); dan                                                    appointed members of the Board of
                                                                                                          Commissioners (if any); and
                   (2)   pelatihan dan/atau peningkatan                √                            (2)   Competency training and/or
                         kompetensi yang diikuti anggota Dewan                                            development attended by members of
                         Komisaris dalam tahun buku (jika ada);                                           the Board of Commissioners in the fiscal
                                                                                                          year (if any);
              e)   penilaian terhadap kinerja anggota                 203                      e)   The assessment on the performance
                   Direksi dan anggota Dewan Komisaris dan                                          of the Board of Directors and Board of
                   pelaksanaannya, paling sedikit memuat:                                           Commissioners and the implementation, at
                                                                                                    least covering:
                   (1)   Prosedur pelaksanaan penilaian kinerja;                                    (1)   procedure for the implementation of
                                                                                                          performance assessment;
                   (2)   Kriteria yang digunakan seperti capaian       √                            (2)   Criteria used are performance
                         kinerja selama tahun buku, kompetensi                                            achievements during the fiscal year,
                         dan kehadiran dalam rapat; dan                                                   competency and attendance at
                                                                                                          meetings; and
                   (3)   Pihak yang melakukan penilaian;               √                            (3)   Assessor;




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                      f)   penilaian Dewan Komisaris terhadap kinerja        204-205         f)   Board of Commissioners’ assessment of the
                           Komite yang mendukung pelaksanaan tugas                                performance of the Committees that support
                           Dewan Komisaris pada tahun buku meliputi:                              the implementation of the duties of the
                                                                                                  Board of Commissioners in the fiscal year
                                                                                                  includes:
                           (1)     prosedur penilaian kinerja; dan              √                 (1)    Performance appraisal procedures; and
                           (2)     kriteria yang digunakan seperti capaian      √                 (2)    The criteria used are performance
                                   kinerja selama tahun buku, kompetensi                                 achievements during the fiscal year,
                                   dan kehadiran dalam rapat;                                            competency and attendance at
                                                                                                         meetings;
                 4)   Nominasi dan remunerasi Direksi dan Dewan              205-207    4)   The nomination and remuneration of the Board of
                      Komisaris, paling sedikit memuat:                                      Directors and the Board of Commissioners shall at
                                                                                             least contain:
                      a)   prosedur nominasi, meliputi uraian singkat           √            a)   Nomination procedure, including a brief
                           mengenai kebijakan dan proses nominasi                                 description of the policies and process for
                           anggota Direksi dan/atau anggota Dewan                                 nomination of members of the Board of
                           Komisaris; dan                                                         Directors and/or members of the Board of
                                                                                                  Commissioners; and
                      b)   prosedur dan pelaksanaan remunerasi Direksi                       b)   Procedures and implementation of
                           dan Dewan Komisaris, antara lain:                                      remuneration for the Board of Directors and
                                                                                                  the Board of Commissioners, among others:
                           (1)     prosedur penetapan remunerasi Direksi        √                 (1)    Procedures for determining
                                   dan Dewan Komisaris;                                                  remuneration for the Board of Directors
                                                                                                         and the Board of Commissioners;
                           (2)     struktur remunerasi Direksi dan Dewan        √                 (2)    The remuneration structure of the
                                   Komisaris seperti, gaji, tunjangan,                                   Board of Directors and the Board
                                   tantiem/bonus dan lainnya; dan                                        of Commissioners such as salary,
                                                                                                         allowances, tantiem/bonus and others;
                                                                                                         and
                           (3)     besarnya remunerasi masing-masing           N/A                (3)    The amount of remuneration for each
                                   anggota Direksi dan anggota Dewan                                     member of the Board of Directors and
                                   Komisaris;                                                            member of the Board of Commissioners
                 5)   Dewan Pengawas Syariah, bagi Emiten atau                  -       5)   Sharia Supervisory Board, for Issuer or Public
                      Perusahaan Publik yang menjalankan kegiatan                            Company that conduct business based on sharia
                      usaha berdasarkan prinsip syariah sebagaimana                          law, as stipulated in the articles of association, at
                      tertuang dalam anggaran dasar, paling sedikit                          least containing:
                      memuat:
                      a)   nama;                                                -            a)   name;
                      b)   dasar hukum pengangkatan dewan pengawas              -            b)   Legal basis for the appointment of the sharia
                           syariah;                                                               supervisory board;
                      c)   periode penugasan dewan pengawas syariah;            -            c)   Period of assignment of the sharia
                                                                                                  supervisory board;
                      d)   tugas dan tanggung jawab Dewan Pengawas              -            d)   duty and responsibility of Sharia Supervisory
                           Syariah; dan                                                           Board; and
                      e)   frekuensi dan cara pemberian nasihat dan             -            e)   frequency and procedure in providing advice
                           saran serta pengawasan pemenuhan Prinsip                               and suggestion, as well as the compliance
                           Syariah di Pasar Modal terhadap Emiten atau                            of Sharia Principles by the Issuer or Public
                           Perusahaan Publik;                                                     Company in the Capital Market;
                 6)   Komite Audit, mencakup antara lain:                               6)   Audit Committee, among others covering:
                      a)   Nama dan jabatannya dalam keanggotaan             208-214         a)   Name and position in the committee;
                           komite;
                      b)   Usia;                                                √            b)   Age;
                      c)   Kewarganegaraan;                                     √            c)   Citizenship;
                      d)   Riwayat pendidikan;                                  √            d)   Education background;
                      e)   Riwayat jabatan, meliputi informasi:                 √            e)   History of position; including:
                           (1)     Dasar hukum untuk pengangkatan               √                 (1)    Legal basis for appointment as
                                   sebagai anggota komite;                                               committee member;
                           (2)     Rangkap jabatan, baik sebagai anggota        √                 (2)    Dual position, as member of Board
                                   Dewan Komisaris, anggota Direksi, dan/                                of Commissioners, member of Board
                                   atau anggota komite serta jabatan                                     of Directors, and/or member of
                                   lainnya (jika ada); dan                                               committee, and other position (if any);
                                                                                                         and
                           (3)     Pengalaman kerja beserta periode             √                 (3)    working experience and period in and
                                   waktunya baik di dalam maupun di luar                                 outside the Issuer or Public Company;
                                   Emiten atau Perusahaan Publik;
                      f)   Periode dan masa jabatan anggota Komite              √            f)   Period and terms of office of the member of
                           Audit;                                                                 Audit Committee;
                      g)   Pernyataan independensi Komite Audit;               211           g)   statement of independence of the Audit
                                                                                                  Committee;
                      h)   Pendidikan dan/atau pelatihan yang telah          270, 271        h)   Training and/or competency improvement
                           diikuti dalam tahun buku (jika ada); dan                               that have been followed in the fiscal year (if
                                                                                                  any);




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              i)   Kebijakan dan pelaksanaan tentang frekuensi    213-214                    i)      Policies and implementation of the frequency
                   rapat Komite Audit dan tingkat kehadiran                                          of audit committee meetings and the level of
                   anggota Komite Audit dalam rapat tersebut;                                        attendance of audit committee members in
                                                                                                     those meetings; and
              j)   Pelaksanaan kegiatan Komite Audit pada           214                      j)      the activities of the Audit Committee in the
                   tahun buku sesuai dengan yang dicantumkan                                         year under review, in accordance with the
                   dalam pedoman atau piagam (charter) Komite                                        Audit Committee Charter;
                   Audit;
       7)     Komite atau fungsi nominasi dan remunerasi            N/A                 7)   The nomination and remuneration committee or
              Emiten atau Perusahaan Publik, paling sedikit                                  function of the Issuer or Public Company, at least
              memuat:                                                                        containing:
              a)   Nama dan jabatannya dalam keanggotaan             -                       a)      Name and position in committee
                   komite;                                                                           membership;
              b)   Usia;                                             -                       b)      Age;
              c)   Kewarganegaraan;                                                          c)      Nationality;
              d)   Riwayat pendidikan;                                                       d)      Educational history;
              e)   Riwayat jabatan, meliputi informasi:                                      e)      Position history, including information on:

                   (1)   Dasar hukum penunjukan sebagai                                              (1)    Legal basis for appointment as
                         anggota komite;                                                                    committee member;
                   (2)   Rangkap jabatan, baik sebagai anggota                                       (2)    Concurrent positions, either
                         Dewan Komisaris, anggota Direksi, dan/                                             as a member of the Board of
                         atau anggota komite serta jabatan                                                  Commissioners, member of the Board
                         lainnya (jika ada); dan                                                            of Directors, and/or committee member
                                                                                                            and other positions (if any); and
                   (3)   Pengalaman kerja beserta periode                                            (3)    Work experience and period of time
                         waktunya baik di dalam maupun di luar                                              both inside and outside the Issuer or
                         Emiten atau Perusahaan Publik;                                                     Public Company;
              f)   Periode dan masa jabatan anggota komite;          -                       f)      Period and term of office of the committee
                                                                                                     members;
              g)   Pernyataan independensi komite;                   -                       g)      Statement of committee independence;
              h)   Pendidikan dan/atau pelatihan yang telah          -                       h)      Training and/or competency improvement
                   diikuti dalam tahun buku (jika ada); dan                                          that have been followed in the fiscal year (if
                                                                                                     any);
              i)   Uraian tugas dan tanggung jawab;                  -                       i)      Description of duties and responsibilities;
              j)   Pernyataan bahwa telah memiliki pedoman           -                       j)      A statement that it has a guideline or charter;
                   atau piagam (charter) komite;
              k)   Kebijakan dan pelaksanaan tentang frekuensi       -                       k)      Policies and implementation of the frequency
                   rapat komite dan tingkat kehadiran anggota                                        of meetings and the level of attendance of
                   komite dalam rapat tersebut;                                                      members at the meeting;
              l)   uraian singkat pelaksanaan kegiatan pada          -                       l)      Brief description of the implementation of
                   tahun buku; dan                                                                   activities in the fiscal year; and
              m)   dalam hal tidak dibentuk komite nominasi         215                      m)      In the event that no nomination and
                   dan remunerasi, Emiten atau Perusahaan                                            remuneration committee is formed, the
                   Publik cukup mengungkapkan informasi                                              Issuer or Public Company is sufficient to
                   sebagaimana dimaksud dalam huruf i) sampai                                        disclose the information as referred to in
                   dengan huruf l) dan mengungkapkan:                                                letter i) to letter l) and disclose:

                   (1)   alasan tidak dibentuknya komite; dan        √                               (1)    Reasons for not forming the committee;
                                                                                                            and
                   (2)   pihak yang melaksanakan fungsi              √                               (2)    The party carrying out the nomination
                         nominasi dan remunerasi;                                                           and remuneration function;
       8)     Komite lain yang dimiliki Emiten atau Perusahaan    215-215               8)   Other committees owned by Issuers or Public
              Publik dalam rangka mendukung fungsi dan tugas                                 Companies in order to support the functions and
              Direksi (jika ada) dan/atau komite yang mendukung                              tasks of the Board of Directors (if any) and / or
              fungsi dan tugas Dewan Komisaris, paling sedikit                               committees that support the functions and duties
              memuat:                                                                        of the Board of Commissioners, the least contains:
              a)   Nama dan jabatannya dalam keanggotaan             -                       a)      Name and position in the Committee;
                   komite;
              b)   Usia;                                             -                       b)      Age;
              c)   Kewarganegaraan;                                  -                       c)      Citizenship;
              d)   Riwayat pendidikan;                               -                       d)      Education background;
              e)   Riwayat jabatan, meliputi informasi:              -                       e)      History of position, including:
                   (1)   Dasar hukum penunjukan sebagai              -                               (1)    Legal basis for the appointment as
                         anggota komite;                                                                    member of the committee;
                   (2)   Rangkap jabatan, baik sebagai anggota       -                               (2)    Dual position, as member of Board
                         Dewan Komisaris, anggota Direksi, dan/                                             of Commissioners, member of Board
                         atau anggota komite serta jabatan                                                  of Directors, and/or member of
                         lainnya (jika ada); dan                                                            committee, and other position (if any);
                                                                                                            and
                   (3)   Pengalaman kerja beserta periode            -                               (3)    Working experience and period in and
                         waktunya baik di dalam maupun di luar                                              outside the Issuer or Public Company;
                         Emiten atau Perusahaan Publik;




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                       f)   Periode dan masa jabatan anggota komite;            -            f)   Period and terms of office of the member of
                                                                                                  Audit Committee;
                       g)   Pernyataan independensi komite;                     -            g)   Statement of committee independence;
                       h)   Pendidikan dan/atau pelatihan yang telah            -            h)   Training and/or competency improvement
                            diikuti dalam tahun buku (jika ada); dan                              that have been followed in the fiscal year (if
                                                                                                  any); and
                       i)   Uraian tugas dan tanggung jawab;                    -            i)   Description of duties and responsibilities;
                       j)   Pernyataan bahwa telah memiliki pedoman             -            j)   A statement that the committee has had
                            atau piagam (charter) komite;                                         guidelines or charters;
                       k)   Kebijakan dan pelaksanaan tentang frekuensi         -            k)   Policies and implementation of the frequency
                            rapat komite dan tingkat kehadiran anggota                            of committee meetings and the level of
                            komite dalam rapat tersebut;                                          attendance of committee members at the
                                                                                                  meeting; and
                       l)   uraian singkat pelaksanaan kegiatan pada            -            l)   A brief description of the committee’s
                            tahun buku; dan                                                       activities for the fiscal year;
                 9)    Sekretaris Perusahaan, mencakup antara lain:          217-222   9)    Corporate Secretary, including:
                       a)   nama;                                               √            a)   name;
                       b)   domisili;                                           √            b)   domicile;
                       c)   riwayat jabatan, meliputi informasi:                             c)   history of position, including:
                            (1)   dasar hukum penunjukan sebagai                √                 (1)   legal basis for the appointment as
                                  Sekretaris Perusahaan; dan                                            Corporate Secretary; and
                            (2)   pengalaman kerja beserta periode              √                 (2)   working experience and period in and
                                  waktunya baik di dalam maupun di luar                                 outside the Issuer or Public Company;
                                  Emiten atau Perusahaan Publik;
                       d)   riwayat pendidikan;                                 √            d)   education background;
                       e)   pendidikan dan/atau pelatihan yang diikuti         219           e)   education and/or training during the year
                            dalam tahun buku; dan                                                 under review; and
                       f)   uraian singkat pelaksanaan tugas Sekretaris        219           f)   brief description on the implementation of
                            Perusahaan pada tahun buku;                                           duties of the Corporate Secretary in the year
                                                                                                  under review;
                 10)   Unit Audit Internal, mencakup antara lain:            223-226   10)   Internal Audit Unit, among others including:
                       a)   Nama kepala Unit Audit Internal;                    √            a)   Name of Head of Internal Audit Unit;
                       b)   Riwayat jabatan, meliputi informasi:                             b)   History of position, including:
                            (1)   Dasar hukum penunjukan sebagai                √                 (1)   Legal basis for the appointment as Head
                                  Kepala Audit Internal; dan                                            of Internal Audit Unit; and
                            (2)   Pengalaman kerja beserta periode              √                 (2)   Working experience and period in and
                                  waktunya baik di dalam maupun di luar                                 outside the Issuer or Public Company;
                                  Emiten atau Perusahaan Publik;
                       c)   Kualifikasi atau sertifikasi sebagai profesi        √            c)   Qualification or certification as internal
                            audit internal (jika ada);                                            auditor (if any);
                       d)   Pendidikan dan/atau pelatihan yang diikuti          √            d)   Education and/or training during the year
                            dalam tahun buku;                                                     under review;
                       e)   Struktur dan kedudukan Unit Audit Internal;        223           e)   Structure and position of Internal Audit Unit;
                       f)   Uraian tugas dan tanggung jawab;                   225           f)   Description of duties and responsibilities;
                       g)   Pernyataan bahwa telah memiliki pedoman            225           g)   Statement that the Internal Audit Unit has
                            atau piagam (charter) Unit Audit Internal; dan                        already have Internal Audit Unit charter; and
                       h)   Uraian singkat pelaksanaan tugas Unit Audit        226           h)   Brief description on the implementation of
                            Internal pada tahun buku;                                             duty of Internal Audit Unit during the year
                                                                                                  under review;
                 11)   Uraian mengenai sistem pengendalian internal          227-230   11)   Description on internal control system adopted by
                       (internal control) yang diterapkan oleh Emiten atau                   the Issuer or Public Company, at least covering:
                       Perusahaan Publik, paling sedikit mengenai:
                       a)   Pengendalian keuangan dan operasional,              √            a)   Financial and operational control, and
                            serta kepatuhan terhadap peraturan                                    compliance to the other prevailing rules; and
                            perundang-undangan lainnya; dan
                       b)   Tinjauan atas efektivitas sistem pengendalian       √            b)   Review on the effectiveness of internal
                            internal;                                                             control systems;
                       c)   Pernyataan Direksi dan/atau Dewan Komisaris         √            c)   Statement of the Board of Directors and/or
                            atas kecukupan sistem pengendalian internal;                          Board of Commissioners on the adequacy of
                                                                                                  the internal control system;
                 12)   Sistem manajemen risiko yang diterapkan oleh          230-232   12)   Risk management system implemented by
                       Emiten atau Perusahaan Publik, paling sedikit                         the Company, at least includes:
                       mengenai:
                       a)   Gambaran umum mengenai sistem                       √            a)   General description about the Company’s
                            manajemen risiko Emiten atau Perusahaan                               risk management system the Issuer or Public
                            Publik;                                                               Company;
                       b)   Jenis risiko dan cara pengelolaannya; dan           √            b)   Types of risk and the management; and
                       c)   Tinjauan atas efektivitas sistem manajemen          √            c)   Review the effectiveness of the risk
                            risiko Emiten atau Perusahaan Publik;                                 management system applied by the Issuer or
                                                                                                  Public Company;




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              d)   Pernyataan Direksi dan/atau Dewan Komisaris           √                        d)   Statement of the Board of Directors and/
                   atau komite audit atas kecukupan sistem                                             or the Board of Commissioners or the audit
                   manajemen risiko;                                                                   committee on the adequacy of the risk
                                                                                                       management system;
       13)    Perkara hukum yang berdampak material yang                232                 13)   Legal cases that have a material impact faced
              dihadapi oleh Emiten atau Perusahaan Publik,                                        by Issuers or Public Companies, subsidiaries,
              entitas anak, anggota Direksi dan anggota Dewan                                     members of the Board of Directors and members
              Komisaris (jika ada), antara lain meliputi:                                         of the Board of Commissioners (if any), at least
                                                                                                  contain:
              a)   Pokok perkara/gugatan;                                -                        a)   Substance of the case/claim;
              b)   Status penyelesaian perkara/gugatan; dan              -                        b)   Status of settlement of case/claim; and
              c)   Pengaruhnya terhadap kondisi Emiten atau              -                        c)   Potential impacts on the condition of the
                   Perusahaan Publik;                                                                  Issuer or Public Company;
       14)    Informasi tentang sanksi administratif yang               233                 14)   information about administrative sanctions
              dikenakan kepada Emiten atau Perusahaan Publik,                                     imposed to Issuer or Public Company, members
              anggota Dewan Komisaris dan Direksi, oleh otoritas                                  of the Board of Commissioners and the Board
              Pasar Modal dan otoritas lainnya pada tahun buku                                    of Directors, by the Capital Market Authority and
              (jika ada);                                                                         other authorities during the last fiscal year (if any);
       15)    Informasi mengenai kode etik Emiten atau                                      15)   information about codes of conduct of the Issuer
              Perusahaan Publik meliputi:                                                         or Public Company, includes:
              a)   Pokok-pokok kode etik;                               234                       a)   Key points of the code of conduct;
              b)   Bentuk sosialisasi kode etik dan upaya               234                       b)   Socialization of the code of conduct and
                   penegakannya; dan                                                                   enforcement; and
              c)   Pernyataan bahwa kode etik berlaku bagi              234                       c)   Statement that the code of conduct is
                   anggota Direksi, anggota Dewan Komisaris,                                           applicable for the Board of Commissioners,
                   dan karyawan Emiten atau Perusahaan Publik;                                         the Board of Directors, and employees of the
                                                                                                       Issuer of Public Company;
       16)    Uraian singkat mengenai kebijakan pemberian               235                 16)   A brief description of the policy of providing
              kompensasi jangka panjang berbasis kinerja                                          long-term performance-based compensation to
              kepada manajemen dan/atau karyawan yang                                             management and/or employees owned by the
              dimiliki oleh Emiten atau Perusahaan Publik (jika                                   Issuer or Public Company (if any), including the
              ada), antara lain berupa program kepemilikan                                        management stock ownership program (MSOP)
              saham oleh manajemen (management stock                                              and/or program employee stock ownership
              ownership program/MSOP) dan/atau program                                            (ESOP);
              kepemilikan saham oleh karyawan (employee stock
              ownership program/ESOP); Dalam hal pemberian
              kompensasi berupa program kepemilikan saham
              oleh manajemen (management stock ownership
              program/MSOP) dan/atau program kepemilikan
              saham oleh karyawan (employee stock ownership
              program/ESOP), informasi yang diungkapkan paling
              sedikit memuat:
              a)   jumlah saham dan/atau opsi;                           -                        a)   Number of shares and/or options;
              b)   jangka waktu pelaksanaan;                             -                        b)   Implementation period;
              c)   persyaratan karyawan dan/atau manajemen               -                        c)   Requirements for eligible employees and/or
                   yang berhak; dan                                                                    management; and
              d)   harga pelaksanaan atau penentuan harga                -                        d)   Exercise price or determination of exercise
                   pelaksanaan;                                                                        price;
       17)    Uraian singkat mengenai kebijakan pengungkapan            236                 17)   A brief description of the information disclosure
              informasi mengenai:                                                                 policy regarding:
              a)   Kepemilikan saham anggota Direksi dan                 √                        a)   Share ownership of members of the Board
                   anggota Dewan Komisaris paling lambat 3                                             of Directors and members of the Board
                   (tiga) hari kerja setelah terjadinya kepemilikan                                    of Commissioners no later than 3 (three)
                   atau setiap perubahan kepemilikan atas                                              working days after the occurrence of
                   saham Perusahaan Terbuka; dan                                                       ownership or any change in ownership of
                                                                                                       shares of a Public Company; and
              b)   Pelaksanaan atas kebijakan dimaksud;                  √                        b)   Implementation of the policy;
       18)    Uraian mengenai sistem pelaporan pelanggaran            239-241               18)   Description of whistleblowing system at the Issuer
              (whistleblowing system) di Emiten atau Perusahaan                                   or Public Company (if any), among others include:
              Publik (jika ada), antara lain meliputi:
              a)   Cara penyampaian laporan pelanggaran;                 √                        a)   Mechanism for violation reporting;
              b)   Perlindungan bagi pelapor;                            √                        b)   Protection for the whistleblower;
              c)   Penanganan pengaduan;                                 √                        c)   Handling of violation reports;
              d)   Pihak yang mengelola pengaduan; dan                   √                        d)   Unit responsible for handling of violation
                                                                                                       report; and
              e)   Hasil dari penanganan pengaduan, paling                                        e)   Results from violation report handling, at
                   sedikit meliputi:                                                                   least includes:
                   (1)   Jumlah pengaduan yang masuk dan                 √                             (1)   Number of complaints received and
                         diproses dalam tahun buku; dan                                                      processed during the fiscal year; and
                   (2)   Tindak lanjut pengaduan;                        √                             (2)   Follow up of complaints;
       19)    Uraian mengenai kebijakan anti korupsi Emiten             242                 19)   A description of the anti-corruption policy of the
              atau Perusahaan Publik, paling sedikit memuat:                                      Issuer or Public Company, at least containing:




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                        a)   program dan prosedur yang dilakukan                  √                 a)   Programs and procedures implemented in
                             dalam mengatasi praktik korupsi, balas jasa                                 overcoming corrupt practices, kickbacks,
                             (kickbacks), fraud, suap dan/atau gratifikasi                               fraud, bribery and/or gratification in Issuers
                             dalam Emiten atau Perusahaan Publik; dan                                    or Public Companies; and
                        b)   pelatihan/sosialisasi anti korupsi kepada            √                 b)   Anti-corruption training/socialization to
                             karyawan Emiten atau Perusahaan Publik;                                     employees of Issuers or Public Companies;
                  20)   Penerapan atas Pedoman Tata Kelola Perusahaan          243-248        20)   Implementation of the Guidelines of Corporate
                        Terbuka bagi Emiten yang menerbitkan Efek                                   Governance for Public Companies for Issuer
                        Bersifat Ekuitas atau Perusahaan Publik, meliputi:                          issuing Equity-based Securities or Public Company,
                                                                                                    including:
                        a)   pernyataan mengenai rekomendasi yang                 √                 a)   statement regarding recommendation that
                             telah dilaksanakan; dan/atau                                                have been implemented; and/or
                        b)   penjelasan atas rekomendasi yang belum               √                 b)   description of recommendation that have not
                             dilaksanakan, disertai alasan dan alternatif                                been implemented, along with the reason
                             pelaksanaannya (jika ada);                                                  and alternatives of implementation (if any);
             h.   Tanggung Jawab Sosial dan Lingkungan Emiten atau             259-335   h.   Social and Environmental Responsibility of the Issuer or
                  Perusahaan Publik                                                           Public Company
                  1)    Informasi yang diungkapkan dalam bagian                               1)    The information disclosed in the social and
                        tanggung jawab sosial dan lingkungan merupakan                              environmental responsibility section is a
                        Laporan Keberlanjutan (Sustainability Report)                               Sustainability Report as referred to in the Financial
                        sebagaimana dimaksud dalam Peraturan Otoritas                               Services Authority Regulation Number 51/
                        Jasa Keuangan Nomor 51/POJK.03/2017 tentang                                 POJK.03/2017 concerning the Implementation
                        Penerapan Keuangan Berkelanjutan bagi Lembaga                               of Sustainable Finance for Financial Services
                        Jasa Keuangan, Emiten, dan Perusahaan Publik,                               Institutions, Issuers, and Public Companies, at at
                        paling sedikit memuat:                                                      least includes:
                        a)   penjelasan strategi keberlanjutan;                   √                 a)   Explanation of the sustainability strategy;
                        b)   ikhtisar aspek keberlanjutan (ekonomi, sosial,       √                 b)   Overview of sustainability aspects (economic,
                             dan lingkungan hidup);                                                      social, and environmental);
                        c)   profil singkat Emiten atau Perusahaan Publik;        √                 c)   Brief profile of the Issuer or Public Company;
                        d)   penjelasan Direksi;                                  √                 d)   Explanation of the Board of Directors;
                        e)   tata kelola keberlanjutan;                           √                 e)   Sustainability governance;
                        f)   kinerja keberlanjutan;                               v                 f)   Sustainability performance;
                        g)   verifikasi tertulis dari pihak independen, jika     N/A                g)   Written verification from an independent
                             ada;                                                                        party, if any;
                        h)   lembar umpan balik (feedback) untuk                  √                 h)   Feedback sheet for readers, if any; and
                             pembaca, jika ada; dan
                        i)   anggapan Emiten atau Perusahaan Publik               √                 i)   The response of the Issuer or Public
                             terhadap umpan balik laporan tahun                                          Company to the previous year’s report
                             sebelumnya;                                                                 feedback;
                  2)    Laporan Keberlanjutan sebagaimana dimaksud                            2)    The Sustainability Report as referred to in
                        pada angka 1), harus disusun sesuai Pedoman                                 number 1) must be prepared in accordance with
                        Teknis Penyusunan Laporan Keberlanjutan                                     the Technical Guidelines for the Preparation of
                        (Sustainability Report) Bagi Emiten dan Perusahaan                          a Sustainability Report for Issuers and Public
                        Publik sebagaimana tercantum dalam Lampiran                                 Companies as contained in Appendix II which is
                        II yang merupakan bagian tidak terpisahkan dari                             an integral part of this Financial Services Authority
                        Surat Edaran Otoritas Jasa Keuangan ini;                                    Circular Letter;
                  3)    Informasi Laporan Keberlanjutan (Sustainability                       3)    Information on the Sustainability Report in
                        Report) pada angka 1) dapat:                                                number 1) can:
                        a)   diungkapkan pada bagian lain yang relevan                              a)   Disclosed in other relevant sections outside
                             di luar bagian tanggung jawab sosial dan                                    the Social and Environmental Responsibility
                             lingkungan, seperti penjelasan Direksi terkait                              section, such as the Directors’ explanation
                             Laporan Keberlanjutan diungkapkan dalam                                     regarding the Sustainability Report disclosed
                             bagian terkait Laporan Direksi; dan/atau                                    in the section related to the Directors’ Report;
                                                                                                         and/or
                        b)   merujuk pada bagian lain di luar bagian                                b)   Refers to other sections outside the Social
                             tanggung jawab sosial dan lingkungan                                        and Environmental Responsibility section
                             dengan tetap mengacu pada Pedoman                                           by still referring to the Technical Guidelines
                             Teknis Penyusunan Laporan Keberlanjutan                                     for the Preparation of Sustainability Reports
                             (Sustainability Report) Bagi Emiten dan                                     for Issuers and Public Companies as listed in
                             Perusahaan Publik sebagaimana tercantum                                     Appendix II which is an integral part of this
                             dalam Lampiran II yang merupakan bagian                                     Financial Services Authority Circular Letter,
                             tidak terpisahkan dari Surat Edaran Otoritas                                such as the profile of the Issuer or Public
                             Jasa Keuangan ini, seperti profil Emiten atau                               Company;
                             Perusahaan Publik;

                  4)    Laporan Keberlanjutan (Sustainability Report)             √           4)    The Sustainability Report as referred to in number
                        sebagaimana dimaksud pada angka 1) merupakan                                1) is an inseparable part of the Annual Report
                        bagian yang tidak terpisahkan dari Laporan                                  but can be presented separately from the Annual
                        Tahunan namun dapat disajikan secara terpisah                               Report;
                        dengan Laporan Tahunan;

                  5)    Dalam hal Laporan Keberlanjutan disajikan secara          -           5)    In the event that the Sustainability Report is
                        terpisah dengan Laporan Tahunan, informasi                                  presented separately from the Annual Report, the
                        yang diungkapkan dalam Laporan Keberlanjutan                                information disclosed in the Sustainability Report
                        dimaksud harus:                                                             must:




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                         Keterangan                                                                    Description
                                                                     Page

              a)   memuat seluruh informasi sebagaimana               -                       a)   Contains all the information as referred to in
                   dimaksud pada angka 1); dan                                                     number 1); and
              b)   disusun sesuai Pedoman Teknis Penyusunan           -                       b)   Prepared in accordance with the Technical
                   Laporan Keberlanjutan (Sustainability                                           Guidelines for the Preparation of a
                   Report) Bagi Emiten dan Perusahaan Publik                                       Sustainability Report for Issuers and Public
                   sebagaimana tercantum dalam Lampiran II                                         Companies as listed in Appendix II which
                   yang merupakan bagian tidak terpisahkan                                         is an integral part of this Financial Services
                   dari Surat Edaran Otoritas Jasa Keuangan ini;                                   Authority Circular Letter;
        6)    Dalam hal Laporan Keberlanjutan disajikan secara        -                  6)   In the event that the Sustainability Report is
              terpisah dengan Laporan Tahunan, maka dalam                                     presented separately from the Annual Report,
              bagian tanggung jawab sosial dan lingkungan                                     then the Social and Environmental Responsibility
              memuat informasi bahwa informasi mengenai                                       section contains information that information on
              tanggung jawab sosial dan lingkungan telah                                      Social and Environmental Responsibility has been
              diungkapkan dalam Laporan Keberlanjutan yang                                    disclosed in the Sustainability Report which is
              disajikan secara terpisah dari Laporan Tahunan;                                 presented separately from the Annual Report; and
              dan
        7)    Penyampaian Laporan Keberlanjutan (Sustainability       -                  7)   Submission of the Sustainability Report which
              Report) yang disajikan secara terpisah dengan                                   is presented separately from the Annual Report
              Laporan Tahunan harus disampaikan bersamaan                                     must be submitted together with the Annual
              dengan penyampaian Laporan Tahunan.                                             Report.

    i   Laporan Keuangan Tahunan yang Telah Diaudit                                  i   Audited Annual Financial Statement
        Laporan keuangan tahunan yang dimuat dalam Laporan            √                  Financial Statements included in Annual Report
        Tahunan disusun sesuai dengan Standar Akuntansi                                  should be prepared in accordance with the Financial
        Keuangan di Indonesia dan telah diaudit oleh Akuntan.                            Accounting Standards in Indonesia and audited by an
        Laporan keuangan dimaksud memuat pernyataan                                      Accountant. The said financial statement should be
        mengenai pertanggungjawaban atas laporan keuangan                                included with statement of responsibility for financial
        sebagaimana diatur dalam peraturan perundang-                                    report as stipulated in the legislations in the Capital
        undangan di sektor Pasar Modal yang mengatur                                     Markets sector governing the responsibility of the Board
        mengenai tanggung jawab Direksi atas laporan                                     of Directors on the financial report or the legislations
        keuangan atau peraturan perundang-undangan di                                    in the Capital Markets sector governing the periodic
        sektor Pasar Modal yang mengatur mengenai laporan                                reports of securities company in the event the Issuer is
        berkala Perusahaan Efek dalam hal Emiten merupakan                               a Securities Company; and
        Perusahaan Efek; dan
    j   Surat Pernyataan Anggota Direksi dan Anggota Dewan          48-49            j   Letter of Statement of the Board of Directors and the
        Komisaris tentang Tanggung Jawab atas Laporan                                    Board of Commissioners regarding the Responsibility
        Tahunan                                                                          for Annual Reporting
        Surat pernyataan anggota Direksi dan anggota Dewan            √                  Letter of statement of the Board of Directors and the
        Komisaris tentang tanggung jawab atas Laporan                                    Board of Commissioners regarding the responsibility
        Tahunan disusun sesuai dengan format Surat                                       for Annual Reporting should be prepared according to
        Pernyataan Anggota Direksi dan Anggota Dewan                                     the format of letter of statement of member of Board
        Komisaris tentang Tanggung Jawab atas Laporan                                    of Directors and the Board of Commissioners regarding
        Tahunan sebagaimana tercantum dalam Lampiran yang                                the responsibility for Annual Reporting as attached
        merupakan bagian tidak terpisahkan dari Surat Edaran                             in the Attachment, which is an integral part of this
        Otoritas Jasa Keuangan ini.                                                      Circulation Letter of the Financial Services Authority.




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  Daftar Pengungkapan sesuai
  Peraturan Otoritas Jasa Keuangan Nomor
  51/POJK.03/2017                                            [OJK G.4]

  LIST OF DISCLOSURE BASED ON POJK NO.51/POJK.03/2017


  Laporan Keberlanjutan ini disusun sesuai dengan persyaratan                       This Sustainability Report is prepared in accordance with the
  dalam Lampiran-II Peraturan Otoritas Jasa Keuangan No. 51/                        requirements in Appendix-II of the Financial Services Authority
  POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan                             Regulation No. 51/POJK.O3/2017 concerning the Application
  bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.                        of Sustainable Finance to Financial Services Institution, Issuer,
                                                                                    and Publicly Listed Company.




      No. Indeks                                                       Nama Indeks                                                    Halaman
       No. Index                                                        Index Name                                                      Page

      Strategi Keberlanjutan | Sustainability Strategy
      A.1            Penjelasan Strategi Keberlanjutan | Explanation on Sustainability Strategies                                        259
      B              Ikhtisar Kinerja Aspek Keberlanjutan | Overview of Sustainability Aspects Performance
      B.1            Aspek Ekonomi | Economy Aspects                                                                                   254-256
      B.2            Aspek Lingkungan Hidup | Environmental Aspects
      B.3            Aspek Sosial | Social Aspects
      Profil Perusahaan | Company Profile
      C.1            Visi, Misi, dan Nilai Keberlanjutan | Vission, Mission, Sustainable Values                                         58-59
      C.2            Alamat Perusahaan | Company Address                                                                                 56
      C.3            Skala Usaha:
                     a. Total aset atau kapitalisasi dan total kewajiban;                                                                8-10
                     b. Jumlah karyawan menurut jenis kelamin, jabatan, usia, pendidikan, dan status ketenagakerjaan;                   93-94
                     c. Nama pemegang saham dan persentase kepemilikan saham; dan                                                       95-97
                     d. Wilayah operasional                                                                                             65-67

                     Business Scale:
                     a. Total assets or assets capitalizationm and total liabilities;
                     b. Total employee based on gender, position, age, education and employment status;
                     c. Percentage of share ownership; and
                     d. Operational area.
      C.4            Produk, Layanan, dan Kegiatan Usaha yang Dijalankan | Product, Service and Business Activities                     60-64
      C.5            Keanggotaan pada Asosiasi | Member Association                                                                      56
      C.6            Perubahan Emiten dan Perusahaan Publik yang Bersifat Signifikan | Significant Changes                               257
      Penjelasan Direksi | Director Explanation
      D.1            Penjelasan Direksi | Director Explanation                                                                         260-264
      Tata Kelola Keberlanjutan | Sustainable Corporate Governance
      E.1            Penanggung Jawab Penerapan Keuangan Berkelanjutan                                                                   276
                     Person in Charge Responsibility for Sustainable Finance
      E.2            Pengembangan Kompetensi Terkait Keuangan Berkelanjutan                                                              276
                     Sustainable Finance Competency Development
      E.3            Penilaian Risiko Atas Penerapan Keuangan Berkelanjutan                                                              277
                     Sustainable Finance Risk Assessment Implementation
      E.4            Hubungan dengan Pemangku Kepentingan                                                                                279
                     Stakeholders Relations
      E.5            Permasalahan Terhadap Penerapan Keuangan Berkelanjutan                                                              281
                     Sustainable Finance Implementation Problems
      Kinerja Keberlanjutan | Sustainable Performance
      F.1            Kegiatan Membangun Budaya Keberlanjutan                                                                             282
                     The Activities of Building a Culture of Sustainability




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 No. Indeks                                                    Nama Indeks                                                  Halaman
  No. Index                                                     Index Name                                                    Page

Kinerja Ekonomi | Economic Performance
F.2           Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi, Pendapatan dan         288
              Laba Rugi
              Comparison of Production Targets and Performance, Portfolio, Financial Targets, or Investment, Revenue and
              Profit
F.3           Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi pada Instrumen Keuangan           288
              atau Proyek yang Sejalan dengan Keuangan Berkelanjutan
              Comparison of Portfolio Targets and Performance, Financing Targets, or Investments in Financial Instruments
              or Projects in Line With the Implementation of Sustainable Finance
Kinerja Lingkungan Hidup | Environmental Performance
F.4           Biaya Lingkungan Hidup | Environment Cost Incurred                                                              291
              Aspek Material | Material Aspect
F.5           Penggunaan Material yang Ramah Lingkungan | Use of Environmentally Friendly Materials                           294
              Aspek Energi | Energy Aspect
F.6           Jumlah dan Intensitas Energi yang Digunakan | The Amount and Intensity of Energy Used                         295, 296
F.7           Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan                                          296
              Efforts and Achievement of Energy Efficiency Including Use of Renewable Energy Sources
              Aspek Air | Water Aspect
F.8           Penggunaan Air | Water Used                                                                                     299
              Aspek Keanekaragaman Hayati | Biodiversity Aspect
F.9           Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau Memiliki Keanekaragaman        302
              Hayati
              Impacts from Operational Areas Close to or in Conservation Areas or Having Biodiversity
F.10          Usaha Konservasi Keanekaragaman Hayati | Biodiversity Conservation Efforts                                      302
              Aspek Emisi | Emission Aspect
F.11          Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya                                                298
              The Amount and Intensity of Emissions Produced by Type
F.12          Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan                                                           299
              Efforts and Achievement Emission Reduction Carried Out
              Aspek Limbah dan Efluen | Waste and Effluent Aspect
F.13          Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis                                                      301
              The Amount of Waste and Effluent Produced by Type
F.14          Mekanisme Pengelolaan Limbah dan Efluen | Mechanism of Waste and Effluent Management                            301
F.15          Tumpahan yang Terjadi (jika ada) | Spills that Occur (if any)                                                   301
              Aspek Pengaduan Terkait Lingkungan Hidup | Environmental Complaint Aspect
F.16          Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan                                     301
              The Amount and Material of Environmental Complaints Received and Resolved
              Kinerja Sosial | Social Aspect
F.17          Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa yang Setara kepada Konsumen                         330
              Commitment to Provide Services for Equivalent Products and/or Services to Consumers
              Aspek Ketenagakerjaan | Employment Aspect
F.18          Kesetaraan Kesempatan Bekerja | Equality of Employment Opportunities                                            307
F.19          Tenaga Kerja Anak dan Tenaga Kerja Paksa | Child Labor and Forced Labor                                         310
F.20          Upah Minimum Regional | The Regional Minimum Wage                                                               317
F.21          Lingkungan Bekerja yang Layak dan Aman | Decent and Safe Working Environment                                    319
F.22          Pelatihan dan Pengembangan Kemampuan Pegawai                                                                    313
              Training and Capacity Building of Employees
              Aspek Masyarakat | Society Aspect
F.23          Dampak Operasi Terhadap Masyarakat Sekitar                                                                      328
              Operational Impacts to the Surrounding Community
F.24          Pengaduan Masyarakat | Public Complaints                                                                        329
F.25          Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)                                                                324
              Environmental and Social Responsibility Activities




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      No. Indeks                                                     Nama Indeks                                                Halaman
       No. Index                                                      Index Name                                                  Page

      Tanggung Jawab Pengembangan Produk/Jasa Berkelanjutan
      Responsibilities for Developing Sustainable Products/Services
      F.26           Inovasi dan Pengembangan Produk/Jasa Keuangan Berkelanjutan                                                  331
                     Innovation and Development of Sustainable Financial Products and/or Services
      F.27           Produk/Jasa yang Sudah Dievalualsi Keamanannya bagi Pelanggan                                                332
                     Products/Services that have been Evaluated for Safety for Customers
      F.28           Dampak Produk/Jasa | Products/Service Impacts                                                                333
      F.29           Jumlah Produk yang Ditarik Kembali | Number of Products Recalled                                             334
      F.30           Survei Kepuasan Pelanggan Terhadap Produk dan/atau Jasa Keuangan Berkelanjutan                               335
                     Customer Satisfaction Survey of Sustainable Finance and/or Services
      Lain-lain | Others
      G.1            Verifikasi Tertulis dari Pihak Independen (jika ada)                                                         257
                     Written Verification from an Independent Party (if any)
      G.2            Lembar Umpan Balik | Feedback Form                                                                         258, 355
      G.3            Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan Tahun Sebelumnya                                        258
                     Feedback on Previous Year’s Sustainability Report
      G.4            Daftar Pengungkapan Sesuai Peraturan Otoritas Jasa Keuangan Nomor 51/POJK.03/2017 tentang Penerapan          352
                     Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik
                     Disclosure List Based on POJK No.51/POJK.03/2017 regarding the Implementation of Sustainable Finance for
                     Financial Services Institutions, Listed Companies and Public Companies

  N/A: data tidak tersedia | Not available
  N/R: Not relevan | Not relevan




354      PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                                         erajaya.com
Page 357
                                                                                                                                        Tanggung Jawab Sosial Perusahaan
                                                                                                                                        Social & Environmental Responsibility


Lembar Umpan Balik                                                                    [POJK G.2]

FEEDBACK SHEET

Terima kasih atas perhatian dan apresiasi Bapak/Ibu terhadap                                              Thank you for your attention and appreciation on our
Laporan Keberlanjutan kami ini.                                                                           Sustainability Report.

Untuk meningkatkan pelayanan kami dalam mengembangkan                                                     To improve our next report, please let us know what you think
laporan yang akan datang, maka kami mohon Bapak/Ibu                                                       about the report by filling the questionnaire below and return
untuk mengisi kuesioner berikut dan dapat mengirimkannya                                                  this feedback form to us. Your views and critics are very much
kembali kepada kami. Kami sangat mengharapkan pemikiran,                                                  welcomed and appreciated.
saran dan kritik dari Bapak/Ibu.


                                             Pernyataan                                                                                                                            Alasan
  No.                                                                                                SS | SA           S|A       RR | SD        TS | D       STS | SD
                                              Statement                                                                                                                           Comment

   1.      Laporan ini berisi/mengandung informasi yang bermanfaat
           mengenai komitmen Erajaya dan kebijakannya
           This report contains useful information on Erajaya
           Sustainability Development commitment and policy
   2.      Laporan ini menyediakan suatu gambaran mengenai kinerja
           Erajaya yang sejalan dengan usaha pencapaian sustainable
           development
           This report provides a good overview on Erajaya performance
           in its pursuit to reach sustainable development
   3.      Laporan ini mudah dimengerti
           This report is easy to understand
   4.      Informasi pada laporan ini cukup lengkap (detail)
           The report provides enough detail of information
   5.      Laporan ini layak/dapat dipertanggungjawabkan
           This report is credible enough

SS:     Sangat Setuju        S: Setuju          RR:    Ragu-ragu                     TS:   Tidak Setuju         STS:    Sangat Tidak Setuju
SA:     Strongly Agree       A: Agree           SD:    Somewhat Disagree             D:    Disagree             SD:     Strongly Disagree



 Informasi yang menarik adalah:                                                                      Informasi yang kurang menarik adalah:
 Most interested information is (are):                                                               Least interested information is (are):
 a.                                                                                                  a.
 b.                                                                                                  b.
 c.                                                                                                  c.
 Saran dan/atau kritik mengenai isi, desain, layout dan lain-lain.                                   Informasi yang dapat ditambahkan:
 Comments on content, design, layout, etc.                                                           Any additional comments:
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Profil Anda | Your Profile

Nama (tidak wajib) | Name (optional): ..................................................................................................................................................................
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Institusi/Perusahaan (tidak wajib) | Institution/Company (optional): ..............................................................................................................
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Terima kasih atas kesediaan Bapak/Ibu untuk meluangkan waktu dalam mengisi feedback form ini.
Mohon agar formulir ini dapat dikirim kepada kami:
Thank you for your time provided to fill in this feedback form. Please send this form back to us:

PT Erajaya Swasembada Tbk
Erajaya Plaza
Jl. Bandengan Selatan No. 19-20
Pekojan - Tambora, Jakarta Barat 11240, Indonesia
P +62 21 690 5788
F +62 21 690 5789




erajaya.com                                                                                PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report                                            355
Page 358
     L AP O R A N
     KEUANGAN
     Financial Statement




PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report   erajaya.com
Page 359
erajaya.com   PT Erajaya Swasembada Tbk • Laporan Tahunan 2024 Annual Report
Page 360
PT ERAJAYA SWASEMBADA Tbk
  DAN ENTITAS ANAKNYA/ AND ITS SUBSIDIARIES

     LAPORAN KEUANGAN KONSOLIDASIAN/
    CONSOLIDATED FINANCIAL STATEMENTS

UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2024/
   FOR THE YEAR ENDED 31 DECEMBER 2024

                  DAN/ AND

        LAPORAN AUDITOR INDEPENDEN/
       INDEPENDENT AUDITORS’ REPORT
Page 361

          
Page 362
                                                                 Tel : +62-21 5795 7300                        Tanubrata Sutanto Fahmi Bambang & Rekan
                                                                 Fax : +62-21 5795 7301                        Certified Public Accountant
                                                                 www.bdo.co.id                                 Licence No. 622/KM.1/2016

                                                                                                               Head Office
                                                                                                               Prudential Tower, 17th Floor
                                                                                                               Jl. Jend. Sudirman Kav. 79
                                                                                                               Jakarta 12910 - Indonesia




                                                                                            This report is originally issued in Indonesian language


 No. : 00166/2.1068/AU.1/05/0007-1/1/III/2025                                            No. : 00166/2.1068/AU.1/05/0007-1/1/III/2025


                  Laporan Auditor Independen                                                              Independent Auditors’ Report


 Pemegang Saham, Dewan Komisaris dan Direksi                                             The Shareholders, Boards of Commissioners and
 PT Erajaya Swasembada Tbk                                                               Directors
                                                                                         PT Erajaya Swasembada Tbk


 Opini                                                                                   Opinion

 Kami     telah    mengaudit     laporan    keuangan                                     We have audited the consolidated financial statements
 konsolidasian PT Erajaya Swasembada Tbk dan                                             of PT Erajaya Swasembada Tbk and its subsidiaries
 entitas anaknya (“Grup”), yang terdiri dari laporan                                     (“the Group”), which comprise the consolidated
 posisi keuangan konsolidasian tanggal 31 Desember                                       statement of financial position as of 31 December
 2024, serta laporan laba rugi dan penghasilan                                           2024, and the consolidated statement of profit or loss
 komprehensif lain konsolidasian, laporan perubahan                                      and other comprehensive income, consolidated
 ekuitas konsolidasian, dan laporan arus kas                                             statement of changes in equity and consolidated
 konsolidasian untuk tahun yang berakhir pada tanggal                                    statement of cash flows for the year then ended, and
 tersebut, serta catatan atas laporan keuangan                                           notes to the consolidated financial statements,
 konsolidasian,   termasuk     informasi   kebijakan                                     including material accounting policy information.
 akuntansi material.

 Menurut opini kami, laporan keuangan konsolidasian                                      In our opinion, the accompanying consolidated
 terlampir menyajikan secara wajar, dalam semua hal                                      financial statements present fairly, in all material
 yang material, posisi keuangan konsolidasian Grup                                       respects, the consolidated financial position of the
 tanggal 31 Desember 2024, serta kinerja keuangan                                        Group as of 31 December 2024, and its consolidated
 konsolidasian dan arus kas konsolidasiannya untuk                                       financial performance and its consolidated cash flows
 tahun yang berakhir pada tanggal tersebut, sesuai                                       for the year then ended, in accordance with Indonesian
 dengan Standar Akuntansi Keuangan di Indonesia.                                         Financial Accounting Standards.

 Basis Opini                                                                             Basis for Opinion

 Kami melaksanakan audit kami berdasarkan Standar                                        We conducted our audit in accordance with Standards
 Audit yang ditetapkan oleh Institut Akuntan Publik                                      on Auditing established by the Indonesian Institute of
 Indonesia. Tanggung jawab kami menurut standar                                          Certified Public Accountants. Our responsibilities
 tersebut diuraikan lebih lanjut dalam paragraf                                          under those standards are further described in the
 Tanggung Jawab Auditor terhadap Audit atas Laporan                                      Auditor’s Responsibilities for the Audit of the
 Keuangan Konsolidasian pada laporan kami. Kami                                          Consolidated Financial Statements paragraph of our
 independen terhadap Grup berdasarkan ketentuan                                          report. We are independent of the Group in
 etika yang relevan dalam audit kami atas laporan                                        accordance with the ethical requirements that are
 keuangan konsolidasian di Indonesia, dan kami telah                                     relevant to our audit of the consolidated financial
 memenuhi tanggung jawab etika lainnya berdasarkan                                       statements in Indonesia, and we have fulfilled our
 ketentuan tersebut. Kami yakin bahwa bukti audit                                        other ethical responsibilities in accordance with these
 yang telah kami peroleh adalah cukup dan tepat                                          requirements. We believe that the audit evidence we
 untuk menyediakan suatu basis bagi opini audit kami.                                    have obtained is sufficient and appropriate to provide
                                                                                         a basis for our opinion.




TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 363
                                                                Halaman 2                                                                          Page 2


 Hal Audit Utama                                                                         Key Audit Matter

 Hal audit utama adalah hal-hal yang, menurut                                            Key audit matters are those matters that, in our
 pertimbangan profesional kami, merupakan hal yang                                       professional judgment, were of most significance in
 paling signifikan dalam audit kami atas laporan                                         our audit of the consolidated financial statements of
 keuangan konsolidasian periode kini. Hal-hal tersebut                                   the current period. These matters were addressed in
 disampaikan dalam konteks audit kami atas laporan                                       the context of our audit of the consolidated financial
 keuangan konsolidasian secara keseluruhan, dan                                          statements as a whole, and in forming our opinion
 dalam merumuskan opini kami atas laporan keuangan                                       thereon, we do not provide a separate opinion on these
 konsolidasian terkait, kami tidak menyatakan suatu                                      matters.
 opini terpisah atas hal audit utama tersebut.

 Hal audit utama yang teridentifikasi dalam audit kami                                   The key audit matters identified in our audit are
 diuraikan sebagai berikut:                                                              outlined as follows:

 Evaluasi atas nilai realisasi neto persediaan                                           Evaluation for net realizable value of inventory

 Seperti yang dijelaskan dalam Catatan 7 atas laporan                                    As described in Note 7 to the consolidated financial
 keuangan konsolidasian, pada tanggal 31 Desember                                        statements, as of 31 December 2024, the Group
 2024, Grup mengakui persediaan sebelum penyisihan                                       recognized inventory before provision for net
 nilai realisasi neto sebesar Rp 7,4 Triliun atau sekitar                                realizable value amounting to Rp 7.4 trillion or
 34% dari total aset konsolidasian. Dalam menentukan                                     approximately 34% of the consolidated total assets. In
 apakah nilai persediaan tidak melebihi nilai realisasi                                  determining whether the cost of inventory exceeds its
 netonya, manajemen menerapkan pertimbangan dan
                                                                                         net realizable value, management applies significant
 estimasi yang signifikan terkait apakah persediaan
                                                                                         judgment and estimation regarding whether the
 tersebut rusak, usang, atau harga jualnya telah
 menurun, sesuai dengan tujuan dari masing-masing                                        inventory is damaged, obsolete, or its selling price has
 jenis persediaan yang dimiliki oleh Grup. Evaluasi                                      declined, in accordance with the purpose of each type
 atas nilai realisasi neto persediaan menjadi hal audit                                  of inventory held by the Group. The evaluation for net
 utama bagi kami karena saldo persediaan yang                                            realizable value of inventory is a key audit matter for
 material terhadap laporan keuangan konsolidasian                                        us because the inventory balance is material to the
 dan melibatkan pertimbangan dan estimasi yang                                           consolidated financial statements and involves
 signifikan dari manajemen.                                                              significant    judgment     and     estimation     from
                                                                                         management.

 Bagaimana audit menangani Hal Audit Utama                                               How our audit addressed the Key Audit Matter

 • Mengevaluasi dan menguji rancangan pengendalian                                       • Evaluated and assessed the design of the key control
   utama atas proses evaluasi nilai realisasi neto                                         over the process for evaluation of net realizable
   persediaan;                                                                             value of inventory;

 • Memperoleh perhitungan provisi atas keusangan dan                                     • Obtain the calculation of provisions for
   penurunan nilai persediaan, harga jual persediaan,                                      obsolescence and impairment of inventory,
   dan jadwal umur persediaan;                                                             inventory selling prices, and inventory aging
                                                                                           schedule;

 • Menguji perhitungan nilai realisasi neto dengan                                       • Test the calculation of net realizable value by
   membandingkan dan menelusuri harga jual                                                 comparing and tracing the inventory selling prices
   persediaan yang digunakan dalam perhitungan                                             used in the calculation to relevant data, documents,
   dengan data, dokumen, dan catatan keuangan yang                                         and financial records, as well as testing the
   relevan, serta menguji akurasi matematisnya dan                                         mathematical accuracy and comparing the costs to
   membandingkan biaya untuk menjual dengan                                                sell with historical financial records;
   catatan keuangan historis;

 • Menguji evaluasi keusangan persediaan dengan                                          • Test the evaluation of inventory obsolescence by
   menelusuri dan membandingkan dengan jadwal                                              tracing and comparing with the inventory aging
   umur persediaan; dan                                                                    schedule; and

 • Mengevaluasi kecukupan pengungkapan terkait                                           • Evaluate the adequacy of the related disclosures
   mengenai persediaan dalam laporan keuangan                                              about inventory in the consolidated financial
   konsolidasian.                                                                          statements.



TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 364
                                                                Halaman 3                                                                          Page 3


 Hal Lain                                                                                 Other Matter

 Laporan keuangan konsolidasian Grup untuk tahun                                          The consolidated financial statements of the Group
 yang berakhir 31 Desember 2023, yang disajikan                                           for the year ended 31 December 2023, which are
 sebagai angka koresponding terhadap laporan                                              presented as corresponding figure to the consolidated
 keuangan konsolidasian untuk tahun yang berakhir                                         financial statements for the year ended 31 December
 31 Desember 2024, diaudit oleh auditor independen                                        2024, were audited by other independent auditor who
 lain yang menyatakan opini tanpa modifikasian atas                                       express an unmodified opinion on those consolidated
 laporan keuangan konsolidasian tersebut pada                                             financial statements on 30 March 2024.
 tanggal 30 Maret 2024.

 Informasi Lain                                                                           Other Information

 Manajemen bertanggung jawab atas informasi lain.                                         Management is reponsible for the other information.
 Informasi lain terdiri dari informasi yang tercantum                                     Other information comprises the information included
 dalam Laporan Tahunan, tetapi tidak termasuk                                             in the Annual Report, but does not include the
 laporan keuangan konsolidasian dan laporan auditor                                       consolidated financial statements and our auditor’s
 kami. Laporan Tahunan diharapkan akan tersedia                                           report thereon. The Annual Report is expected to be
 bagi kami setelah tanggal laporan auditor independen                                     made avaliable to us after the date of this auditor’s
 ini.                                                                                     report.

 Opini kami atas laporan keuangan konsolidasian                                           Our opinion on the accompanying consolidated
 terlampir tidak mencakup Laporan Tahunan, dan oleh                                       financial statement does not cover the Annual Report,
 karena itu, kami tidak menyatakan bentuk keyakinan                                       and accordingly, we do not express any form of
 apapun atas Laporan Tahunan tersebut.                                                    assurance on the Annual Report.

 Sehubungan dengan audit kami atas laporan                                                In connection with our audit of the accompanying
 keuangan konsolidasian terlampir, tanggung jawab                                         consolidated financial statements, our responsibility
 kami adalah untuk membaca Laporan Tahunan ketika                                         is to read the Annual Report when it becomes
 tersedia     dan,     dalam       pelaksanaannya,                                        available and, in doing so, consider whether the
 mempertimbangkan apakah Laporan Tahunan                                                  Annual Report is materially inconsistent with the
 mengandung ketidakkonsistensian material dengan                                          accompanying consolidated financial statement of our
 laporan keuangan konsolidasian terlampir atau                                            knowledge obtained in the audit, or otherwise appears
 pemahaman yang kami peroleh selama audit, atau                                           to be materially misstated.
 mengandung kesalahan penyajian material.

 Ketika kami membaca Laporan Tahunan, jika kami                                           When we read the Annual Report, if we conclude that
 menyimpulkan bahwa terdapat suatu kesalahan                                              there is a material misstatement therein, we are
 penyajian material di dalamnya, kami diharuskan                                          required to communicate the matter to those charged
 untuk mengkomunikasikan hal tersebut kepada pihak                                        with governance and take appropriate actions in
 yang bertanggung jawab atas tata kelola dan                                              accordance with Standards on Auditing established by
 melakukan tindakan yang tepat sesuai dengan                                              the Indonesian Institute of Certified Public
 Standar Audit yang ditetapkan oleh Institut Akuntan                                      Accountant.
 Publik Indonesia.

 Tanggung Jawab Manajemen dan Pihak yang                                                  Responsibilities of Management and Those Charged
 Bertanggung Jawab atas Tata Kelola terhadap                                              with Governance for the Consolidated Financial
 Laporan Keuangan Konsolidasian                                                           Statements

 Manajemen bertanggung jawab atas penyusunan dan                                          Management is responsible for the preparation and
 penyajian wajar laporan keuangan tersebut sesuai                                         fair presentation of the financial statements in
 dengan Standar Akuntansi Keuangan di Indonesia, dan                                      accordance with Indonesian Financial Accounting
 atas pengendalian internal yang dianggap perlu oleh                                      Standards, and for such internal control as
 manajemen untuk memungkinkan penyusunan                                                  management determines is necessary to enable the
 laporan keuangan konsolidasian yang bebas dari                                           preparation of consolidated financial statements that
 kesalahan penyajian material, baik yang disebabkan                                       are free from material misstatement, whether due to
 oleh kecurangan maupun kesalahan.                                                        fraud or error.




TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 365
                                                                Halaman 4                                                                          Page 4


 Tanggung Jawab Manajemen dan Pihak yang                                                  Responsibilities of Management and Those Charged
 Bertanggung Jawab atas Tata Kelola terhadap                                              with Governance for the Consolidated Financial
 Laporan Keuangan Konsolidasian (Lanjutan)                                                Statements (Continued)

 Dalam penyusunan laporan keuangan, manajemen                                             In preparing the financial statements, management is
 bertanggung jawab untuk menilai kemampuan Grup                                           responsible for assessing the Group’s ability to
 dalam mempertahankan kelangsungan usahanya,                                              continue as a going concern, disclosing, as applicable,
 mengungkapkan, sesuai dengan kondisinya, hal-hal                                         matters related to going concern and using the going
 yang berkaitan dengan kelangsungan usaha, dan                                            concern basis of accounting unless management either
 menggunakan basis akuntansi kelangsungan usaha,                                          intends to liquidate the Group or to cease operations,
 kecuali manajemen memiliki intensi untuk                                                 or has no realistic alternative but to do so.
 melikuidasi Grup atau menghentikan operasi, atau
 tidak memiliki alternatif yang realistis selain
 melaksanakannya.

 Pihak yang bertanggung jawab atas tata kelola                                            Those charged with governance are responsible for
 bertanggung jawab untuk mengawasi proses                                                 overseeing the Group’s financial reporting process.
 pelaporan keuangan Grup.

 Tanggung Jawab Auditor terhadap Audit atas                                               Auditor’s Responsibilities for the Audit of the
 Laporan Keuangan Konsolidasian                                                           Consolidated Financial Statements

 Tujuan kami adalah untuk memperoleh keyakinan                                            Our objectives are to obtain reasonable assurance
 memadai tentang apakah laporan keuangan                                                  about whether the consolidated financial statements
 konsolidasian secara keseluruhan bebas dari kesalahan                                    as a whole are free from material misstatement,
 penyajian material, baik yang disebabkan oleh                                            whether due to fraud or error, and to issue an
 kecurangan     maupun      kesalahan,    dan    untuk                                    auditors’ report that includes our opinion. Reasonable
 menerbitkan laporan auditor yang mencakup opini                                          assurance is a high level of assurance, but is not a
 kami. Keyakinan memadai merupakan suatu tingkat                                          guarantee that an audit conducted in accordance with
 keyakinan tinggi, namun bukan merupakan suatu                                            Standards on Auditing established by the Indonesian
 jaminan bahwa audit yang dilaksanakan berdasarkan                                        Institute of Certified Public Accountants will always
 Standar Audit yang ditetapkan oleh Institut Akuntan                                      detect a material misstatement when it exists.
 Publik Indonesia akan selalu mendeteksi kesalahan
 penyajian material ketika hal tersebut ada.

 Kesalahan penyajian dapat disebabkan oleh                                                Misstatements can arise from fraud or error and are
 kecurangan maupun kesalahan dan dianggap material                                        considered material if, individually or in the
 jika, baik secara individual maupun secara agregat,                                      aggregate, they could reasonably be expected to
 dapat     diekspektasikan    secara    wajar   akan                                      influence the economic decisions of users taken on the
 mempengaruhi keputusan ekonomi yang diambil oleh                                         basis of these consolidated financial statements.
 pengguna       berdasarkan     laporan     keuangan
 konsolidasian tersebut.

 Sebagai bagian dari suatu audit berdasarkan Standar                                      As part of an audit in accordance with Standards on
 Audit, kami menerapkan pertimbangan profesional                                          Auditing, we exercise professional judgment and
 dan mempertahankan skeptisisme profesional selama                                        maintain professional skepticism throughout the
 audit. Kami juga:                                                                        audit. We also:

  •     Mengidentifikasi dan menilai risiko kesalahan                                     •     Identify and assess the risks of material
        penyajian material dalam laporan keuangan                                               misstatement of the consolidated financial
        konsolidasian, baik yang disebabkan oleh                                                statements, whether due to fraud or error, design
        kecurangan maupun kesalahan, mendesain dan                                              and perform audit procedures responsive to those
        melaksanakan prosedur audit yang responsif                                              risks, and obtain audit evidence that is sufficient
        terhadap risiko tersebut, serta memperoleh                                              and appropriate to provide a basis for our
        bukti audit yang cukup dan tepat untuk                                                  opinion. The risk of not detecting a material
        menyediakan basis bagi opini kami. Risiko tidak                                         misstatement resulting from fraud is higher than
        terdeteksinya kesalahan penyajian material yang                                         for one resulting from error, as fraud may involve
        disebabkan oleh kecurangan lebih tinggi dari                                            collusion,    forgery,   intentional    omissions,
        yang disebabkan oleh kesalahan, karena                                                  misrepresentations, or the override of internal
        kecurangan dapat melibatkan kolusi, pemalsuan,                                          control.
        penghilangan secara sengaja, pernyataan salah,
        atau pengabaian pengendalian internal.



TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 366
                                                                Halaman 5                                                                          Page 5


 Tanggung Jawab Auditor terhadap Audit atas                                               Auditor’s Responsibilities for the Audit of the
 Laporan Keuangan Konsolidasian (Lanjutan)                                                Consolidated Financial Statements (Continued)

 •      Memperoleh     suatu    pemahaman       tentang                                   •     Obtain an understanding of internal control
        pengendalian internal yang relevan dengan audit                                         relevant to the audit in order to design audit
        untuk mendesain prosedur audit yang tepat                                               procedures that are appropriate in the
        sesuai kondisinya, tetapi bukan untuk tujuan                                            circumstances, but not for the purpose of
        menyatakan      opini   atas     keefektivitasan                                        expressing an opinion on the effectiveness of the
        pengendalian internal Grup.                                                             Group’s internal control.

 •      Mengevaluasi ketepatan kebijakan akuntansi                                        •     Evaluate the appropriateness of accounting
        yang digunakan serta kewajaran estimasi                                                 policies used and the reasonableness of
        akuntansi dan pengungkapan terkait yang dibuat                                          accounting estimates and related disclosures
        oleh manajemen.                                                                         made by management.

 •      Menyimpulkan ketepatan penggunaan basis                                           •     Conclude     on     the     appropriateness     of
        akuntansi kelangsungan usaha oleh manajemen                                             management’s use of the going concern basis of
        dan, berdasarkan bukti audit yang diperoleh,                                            accounting and, based on the audit evidence
        apakah terdapat suatu ketidakpastian material                                           obtained, whether a material uncertainty exists
        yang terkait dengan peristiwa atau kondisi yang                                         related to events or conditions that may cast
        dapat menyebabkan keraguan signifikan atas                                              significant doubt on the Group's ability to
        kemampuan Grup untuk mempertahankan                                                     continue as a going concern. If we conclude that a
        kelangsungan     usahanya.      Ketika     kami                                         material uncertainty exists, we are required to
        menyimpulkan      bahwa      terdapat     suatu                                         draw attention in our auditor's report to the
        ketidakpastian material, kami diharuskan untuk                                          related disclosures in the consolidated financial
        menarik perhatian dalam laporan auditor kami                                            statements or, if such disclosures are inadequate,
        ke pengungkapan terkait dalam laporan                                                   to modify our opinion. Our conclusions are based
        keuangan konsolidasian atau, jika pengungkapan                                          on the audit evidence obtained up to the date of
        tersebut tidak memadai, harus menentukan                                                our auditor's report. However, future events or
        apakah perlu untuk memodifikasi opini kami.                                             conditions may cause the Group to cease to
        Kesimpulan kami didasarkan pada bukti audit                                             continue as a going concern.
        yang diperoleh hingga tanggal laporan auditor
        kami. Namun, peristiwa atau kondisi masa depan
        dapat    menyebabkan      Grup    tidak   dapat
        mempertahankan kelangsungan usaha.

 •     Mengevaluasi penyajian, struktur, dan isi laporan                                  •    Evaluate the overall presentation, structure and
       keuangan konsolidasian secara keseluruhan,                                              content of the consolidated financial statements,
       termasuk pengungkapannya, dan apakah laporan                                            including the disclosures, and whether the
       keuangan konsolidasian mencerminkan transaksi                                           consolidated financial statements represent the
       dan peristiwa yang mendasarinya dengan suatu                                            underlying transactions and events in a manner
       cara yang mencapai penyajian wajar.                                                     that achieves fair presentation.

 •     Memperoleh bukti audit yang cukup dan tepat                                        •    Obtain sufficient appropriate audit evidence
       terkait informasi keuangan entitas atau aktivitas                                       regarding the financial information of the entities
       bisnis dalam Grup untuk menyatakan opini atas                                           or business activities within the Group to express
       laporan      keuangan    konsolidasian.     Kami                                        an opinion on the consolidated financial
       bertanggung jawab atas arahan, supervisi, dan                                           statements. We are responsible for the direction,
       pelaksanaan Audit Grup. Kami tetap bertanggung                                          supervision and performance of the audit. We
       jawab sepenuhnya atas opini audit kami.                                                 remain solely responsible for our audit opinion.

 Kami mengkomunikasikan kepada pihak yang                                                 We communicate with those charged with governance
 bertanggung jawab atas tata kelola mengenai, antara                                      regarding, among other matters, the planned scope
 lain, ruang lingkup dan saat yang direncanakan atas                                      and timing of the audit and significant audit findings,
 audit, serta temuan audit signifikan, termasuk setiap                                    including any significant deficiencies in internal
 defisiensi signifikan dalam pengendalian internal                                        control that we identify during our audit.
 yang teridentifikasi oleh kami selama audit.




TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 367
                                                                Halaman 6                                                                          Page 6


 Tanggung Jawab Auditor terhadap Audit atas                                               Auditor’s Responsibilities for the Audit of the
 Laporan Keuangan Konsolidasian (Lanjutan)                                                Consolidated Financial Statements (Continued)

 Kami juga memberikan suatu pernyataan kepada pihak                                       We also provide those charged with governance with a
 yang bertanggung jawab atas tata kelola bahwa kami                                       statement that we have complied with relevant
 telah mematuhi ketentuan etika yang relevan                                              ethical requirements regarding independence, and to
 mengenai independensi, dan mengkomunikasikan                                             communicate with them all relationships and other
 seluruh hubungan, serta hal-hal lain yang dianggap                                       matters that may reasonably be thought to bear on
 secara wajar berpengaruh terhadap independensi                                           our independence, and where applicable, related
 kami, dan jika relevan, pengamanan terkait.                                              safeguards.

 Dari hal-hal yang dikomunikasikan kepada pihak yang                                      From the matters communicated with those charged
 bertanggung jawab atas tata kelola, kami                                                 with governance, we determine those matters that
 menentukan hal-hal tersebut yang paling signifikan                                       were of most significance in the audit of the
 dalam audit atas laporan keuangan konsolidasian                                          consolidated financial statements of the current
 periode kini dan oleh karenanya menjadi hal audit                                        period and are therefore the key audit matters. We
 utama. Kami menguraikan hal audit utama dalam                                            describe these matters in our auditor’s report unless
 laporan auditor kami, kecuali peraturan perundang-                                       law or regulation precludes public disclosure about
 undangan melarang pengungkapan publik tentang hal                                        the matter or when, in extremely rare circumstances,
 tersebut atau ketika, dalam kondisi yang sangat                                          we determine that a matter should not be
 jarang terjadi, kami menentukan bahwa suatu hal                                          communicated in our report because the adverse
 tidak boleh dikomunikasikan dalam laporan kami                                           consequences of doing so would reasonably be
 karena        konsekuensi      merugikan        dari                                     expected to outweigh the public interest benefits of
 mengkomunikasikan         hal     tersebut     akan                                      such communication.
 diekspektasikan secara wajar melebihi manfaat
 kepentingan publik atas komunikasi tersebut.



                                                         Kantor Akuntan Publik
                                               TANUBRATA SUTANTO FAHMI BAMBANG & Rekan




                                                          Sutomo, SE, Ak, MM, CPA, CA, SAS
                                                                   NIAP AP. 0007/
                                                              License No. AP. 0007

                                                          25 Maret 2025 / 25 March 2025




TANUBRATA SUTANTO FAHMI BAMBANG & REKAN
Tanubrata Sutanto Fahmi Bambang & Rekan (Certified Public Accountant), an Indonesian partnership, is a member of BDO International Limited, a UK
company limited by guarantee, and forms part of the international BDO network of independent member firms.
Page 368
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language

                                                      Ekshibit A                                                                 Exhibit A


                 PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          LAPORAN POSISI KEUANGAN KONSOLIDASIAN                           CONSOLIDATED STATEMENT OF FINANCIAL POSITION
                      31 DESEMBER 2024                                                   31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                              Catatan/
                                            2024               Notes           2023

ASET                                                                                                                                 ASSETS

ASET LANCAR                                                                                                           CURRENT ASSETS
Kas dan setara kas                           1.765.745.896    2,4,34,36         1.765.703.214                  Cash and cash equivalents
Piutang usaha                                                 2,3,16,36                                                Trade receivables
  Pihak ketiga - neto                        1.086.126.825       5,34           1.348.145.743                       Third parties - net
  Pihak berelasi - neto                         70.359.441        33               16.703.039                     Related parties - net
Piutang lain-lain                                              2,34,36                                                 Other receivables
  Pihak ketiga - neto                          373.056.179         5              664.043.395                       Third parties - net
  Pihak berelasi - neto                         52.817.037        33                8.374.356                     Related parties - net
                                                                2,3,7,
Persediaan - neto                            7.130.917.914      16,26           8.046.600.374                          Inventories - net
Uang muka                                      300.998.283         8              266.523.458                                 Advances
Biaya dibayar di muka – bagian lancar           30.279.134         9               23.052.456        Prepaid expenses – current portion
Pajak dibayar di muka                        1.128.565.078        31              745.553.012                             Prepaid taxes
Aset keuangan lancar lainnya                    65.002.260     6,34,36             50.954.458             Other current financial assets
Taksiran tagihan pajak penghasilan           1.304.229.319        31               28.902.965           Estimated claims for tax refund

TOTAL ASET LANCAR                         13.308.097.366                     12.964.556.470                    TOTAL CURRENT ASSETS

ASET TIDAK LANCAR                                                                                                NON-CURRENT ASSETS
Biaya dibayar di muka – bagian tidak                                                                     Prepaid expenses – non-current
  lancar                                           540.000                                     -                               portion
Uang muka pembelian aset tetap dan                                                                 Advances for purchase of fixed assets
  aset takberwujud                             186.712.460        10              100.488.783                    and intangible assets
Aset tetap - neto                            2.492.668.559    2,3,13,16         2.217.100.783                          Fixed assets - net
Aset takberwujud - neto                        825.813.431       3,14             821.250.643                     Intangible assets - net
Aset hak-guna - neto                         1.797.063.319       3,15           1.593.843.288                  Right-of-use assets - net
Properti investasi - neto                       14.173.024        12               13.464.173               Investment properties - net
Aset pajak tangguhan - neto                    221.813.412       3,31             205.333.564                  Deferred tax assets - net
Investasi pada entitas asosiasi dan                                                                        Investment in associates and
  ventura bersama                              427.854.913     11,33              464.835.404                           joint ventures
Taksiran tagihan pajak penghasilan           2.334.847.237       31             1.906.165.189           Estimated claims for tax refund
Aset keuangan lainnya                          158.893.776    6,34,36             158.240.709                      Other financial assets
Aset tidak lancar lainnya                        5.912.762                          2.172.696                  Other non-current assets

TOTAL ASET TIDAK LANCAR                     8.466.292.893                      7.482.895.232             TOTAL NON-CURRENT ASSETS

TOTAL ASET                                21.774.390.259                     20.447.451.702                                TOTAL ASSETS



   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                  See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                  Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                 the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 369
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language

                                                    Ekshibit A/2                                                                  Exhibit A/2


                 PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          LAPORAN POSISI KEUANGAN KONSOLIDASIAN                              CONSOLIDATED STATEMENT OF FINANCIAL POSITION
                      31 DESEMBER 2024                                                      31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                              Catatan/
                                            2024               Notes              2023

LIABILITAS DAN EKUITAS                                                                                             LIABILITIES AND EQUITY

LIABILITAS                                                                                                                        LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                              CURRENT LIABILITIES
                                                               16,34,
Utang bank jangka pendek                     2.733.983.958     36,37               3.962.990.616                      Short-term bank loans
Utang usaha                                                    36,37                                                         Trade payables
 Pihak ketiga                                3.847.848.266     17,34               3.649.434.902                             Third parties
 Pihak berelasi                                 22.032.276       33                   21.940.018                           Related parties
Utang lain-lain                                                36,37                                                         Other payables
 Pihak ketiga                                1.604.453.780     17,34               1.402.119.812                             Third parties
 Pihak berelasi                                 52.595.980       33                    2.165.886                           Related parties
                                                               18,33,
Beban akrual                                   109.930.791     36,37                  72.188.677                         Accrued expenses
Utang pajak                                    101.888.767     19,31                 237.202.150                            Taxes payable
Liabilitas imbalan kerja jangka                                                                              Short-term employee benefits
  pendek                                        91.946.319    20,36,37                 58.935.090                             liabilities
Pendapatan diterima di muka                      3.837.763                              1.710.250                       Unearned revenue
Liabilitas keuangan jangka pendek
  lainnya                                          151.172         16                   9.454.795        Other current financial liabilities
Utang jangka panjang yang akan
  jatuh tempo dalam waktu                                                                                           Current maturities of
  satu tahun                                                   36,37                                                     long-term debts
  Utang bank jangka panjang                  1.683.851.747      16                   484.171.137                  Long-term bank loans
  Liabilitas sewa                              623.460.225      15                   427.948.374                        Lease liabilities
  Utang pembiayaan konsumen                              -      13                        54.702            Consumer financing payables

TOTAL LIABILITAS JANGKA PENDEK            10.875.981.044                        10.330.316.409                TOTAL CURRENT LIABILITIES

LIABILITAS JANGKA PANJANG                                                                                       NON-CURRENT LIABILITIES
Utang jangka panjang - setelah
  dikurangi bagian yang akan jatuh                                                                                Long-term debts - net of
  tempo dalam waktu satu tahun                                 36,37                                                   current maturities
  Utang bank jangka panjang                    423.011.844       16                  658.946.252                    Long-term bank loans
  Utang obligasi                               573.317.975       21                  554.581.893                           Bonds payable
  Liabilitas sewa                              466.912.979       15                  499.721.441                          Lease liabilities
Liabilitas pajak tangguhan - neto               22.013.955      3,31                  25.186.267               Deferred tax liabilities - net
Liabilitas imbalan kerja jangka                                                                               Long-term employee benefits
  panjang                                      355.758.189      3,20                 247.925.825                                liabilities

TOTAL LIABILITAS JANGKA PANJANG             1.841.014.942                         1.986.361.678         TOTAL NON-CURRENT LIABILITIES

TOTAL LIABILITAS                          12.716.995.986                        12.316.678.087                            TOTAL LIABILITIES



   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                     See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                     Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                    the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 370
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language

                                                    Ekshibit A/3                                                                  Exhibit A/3


                 PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          LAPORAN POSISI KEUANGAN KONSOLIDASIAN                              CONSOLIDATED STATEMENT OF FINANCIAL POSITION
                      31 DESEMBER 2024                                                      31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                               Catatan/
                                            2024                Notes              2023

EKUITAS                                                                                                                                 EQUITY

EKUITAS YANG DAPAT                                                                                           EQUITY ATTRIBUTABLE TO
  DIATRIBUSIKAN KEPADA PEMILIK                                                                                        OWNERS OF THE
  ENTITAS INDUK                                                                                                      PARENT COMPANY
Modal saham - nilai nominal Rp100                                                                        Share capital - par value Rp100
  (angka penuh) per saham                                                                                      (full amount) per share
  Modal dasar - 39.000.000.000                                                                            Authorized - 39,000,000,000
    saham                                                                                                                      shares
  Modal ditempatkan dan disetor                                                                                  Issued and fully paid -
    penuh - 15.950.000.000 saham             1.595.000.000         22              1.595.000.000               15,950,000,000 shares
Tambahan modal disetor - neto                  598.379.152         23                598.379.152         Additional paid-in capital - net
Saham treasuri                       (          63.804.128 )       22     (           63.804.128 )                         Treasury stock
Selisih transaksi dengan pihak                                                                     Difference in value from transactions
  nonpengendali                                 19.242.434                            19.273.834         with non-controlling interests
Saldo laba                                                                                                             Retained earnings
  Telah ditentukan penggunaannya                14.000.000         24                 13.000.000                          Appropriated
  Belum ditentukan penggunaannya             5.931.324.240                         5.168.096.701                       Unappropriated
Penghasilan (rugi) komprehensif lain            40.111.113                (            6.544.490 ) Other comprehensive income (loss)

TOTAL                                       8.134.252.811                         7.323.401.069                                          TOTAL

KEPENTINGAN NONPENGENDALI                     923.141.462          41               807.372.546            NON-CONTROLLING INTERESTS

TOTAL EKUITAS                               9.057.394.273                         8.130.773.615                              TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS              21.774.390.259                         20.447.451.702           TOTAL LIABILITIES AND EQUITY


   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                      See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                      Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                     the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 371
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language

                                                      Ekshibit B                                                                     Exhibit B


                 PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
                   LAPORAN LABA RUGI DAN                                       CONSOLIDATED STATEMENT OF PROFIT OR LOSS
      PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN                                    AND OTHER COMPREHENSIVE INCOME
                 UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                       31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                                Catatan/
                                            2024                 Notes              2023

PENJUALAN NETO                              65.279.684.667       25,33             60.139.405.675                                  NET SALES

BEBAN POKOK PENJUALAN                  (    58.003.956.179)      26,33     (       53.691.636.505)                    COST OF GOODS SOLD

LABA BRUTO                                  7.275.728.488                          6.447.769.170                               GROSS PROFIT

Beban penjualan dan distribusi         (     2.995.871.192)        27      (        2.669.737.679)    Selling and distribution expenses
Beban umum dan administrasi            (     2.573.811.773)        28      (        2.153.135.109) General and administrative expenses
Pendapatan lainnya                             441.618.632         29                 293.201.629                         Other income
Beban lainnya                          (        15.502.162)                (           72.514.674)                       Other expenses

LABA USAHA                                  2.132.161.993                          1.845.583.337                         OPERATING PROFIT

Pendapatan keuangan                             38.289.172                              18.171.208                           Finance income
Bagian rugi bersih entitas asosiasi                                                                        Share in net loss from associates
  dan ventura bersama                  (         1.491.974)        11      (           20.831.822)                     and joint ventures
Biaya keuangan                         (       649.630.996)        30      (          601.108.099)                             Finance costs

LABA SEBELUM PAJAK PENGHASILAN              1.519.328.195                          1.241.814.624              PROFIT BEFORE INCOME TAX

Beban pajak penghasilan - neto         (       399.842.488)       3,31     (          384.953.864)                  Income tax expense - net

LABA TAHUN BERJALAN                         1.119.485.707                            856.860.760                     PROFIT FOR THE YEAR

PENGHASILAN (RUGI)                                                                                                  OTHER COMPREHENSIVE
  KOMPREHENSIF LAIN                                                                                                          INCOME (LOSS)
Pos-pos yang akan direklasifikasi ke                                                                      Items that will be reclassified to
  laba rugi                                                                                                                    profit or loss
                                                                                                             Difference in foreign currency
  Selisih kurs karena penjabaran                                                                                   translation of financial
    laporan keuangan                            88.067.379                 (            45.598.024)                             statements
  Pajak penghasilan terkait            (        19.374.844)                             10.031.565                       Related income tax
Pos-pos yang tidak akan                                                                                 Items that will not be reclassified
  direklasifikasi ke laba rugi:                                                                                            to profit or loss:
  Rugi atas instrumen ekuitas yang                                                                               Loss on equity instruments
    ditetapkan pada nilai wajar                                                                                              designated at
    melalui penghasilan                                                                                                 fair value through
    komprehensif lain                                       -              (            19.193.709)          other comprehensive income
  Pengukuran kembali atas program                                                                               Remeasurements of defined
    imbalan pasti                                1.543.655         20      (            14.040.331)                           benefit plans
  Pajak penghasilan terkait            (           332.630)                              2.985.531                       Related income tax
  Bagian penghasilan (rugi)                                                                                   Share in other comprehensive
    komprehensif lain dari entitas                                                                          income (loss) from associates
    asosiasi dan ventura bersama                   168.393         11      (               196.921)                     and joint ventures

PENGHASILAN (RUGI)                                                                                       OTHER COMPREHENSIVE INCOME
 KOMPREHENSIF LAIN TAHUN                                                                                        (LOSS) FOR THE YEAR,
 BERJALAN, NETO SETELAH PAJAK                  70.071.953                  (          66.011.889)                         NET OF TAX

TOTAL PENGHASILAN                                                                                         TOTAL COMPREHENSIVE INCOME
 KOMPREHENSIF TAHUN BERJALAN                1.189.557.660                            790.848.871                      FOR THE YEAR

   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                       See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                       Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                      the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 372
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language

                                                    Ekshibit B/2                                                                  Exhibit B/2


                 PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
                   LAPORAN LABA RUGI DAN                                      CONSOLIDATED STATEMENT OF PROFIT OR LOSS
      PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN                                   AND OTHER COMPREHENSIVE INCOME
                 UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                      31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                              Catatan/
                                            2024               Notes              2023

Laba tahun berjalan yang dapat
  diatribusikan kepada:                                                                                Profit for the year attributable to:
  Pemilik entitas induk                      1.032.546.782                           826.049.833         Owners of the parent company
  Kepentingan nonpengendali                     86.938.925                            30.810.927                Non-controlling interests

TOTAL                                       1.119.485.707                           856.860.760                                         TOTAL

Total penghasilan komprehensif
  tahun berjalan yang dapat                                                                               Total comprehensive income for
  diatribusikan kepada:                                                                                          the year attributable to:
  Pemilik entitas induk                      1.079.202.385                           778.052.224          Owners of the parent company
  Kepentingan nonpengendali                    110.355.275                            12.796.647               Non-controlling interests

TOTAL                                       1.189.557.660                           790.848.871                                         TOTAL

Laba per saham dasar yang dapat                                                                                 Basic earnings per share
  diatribusikan kepada pemilik                                                                           attributable to owners of the
  entitas induk (angka penuh)                        65,42         32                        52,34       parent company (full amount)



   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                     See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                     Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                    the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 373
                                                                                                                                                                                                                                  These Consolidated Financial Statements are Originally
                                                                                                                                                                                                                                              Issued in Indonesian Language

                                                                                                                                                       Ekshibit C                                                                                                                                                                        Exhibit C


                                                 PT ERAJAYA SWASEMBADA Tbk DAN ENTITAS ANAKNYA                                                                                                                                 PT ERAJAYA SWASEMBADA Tbk AND ITS SUBSIDIARIES
                                                    LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                     CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
                                                   UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2024                                                                                                                                       FOR THE YEAR ENDED 31 DECEMBER 2024
                                               (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                                                                    (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                                                                                                               Ekuitas yang dapat diatribusikan kepada Pemilik Entitas Induk/
                                                                                                                                                   Equity attributable to Owners of the Parent Company
                                                                                                                                                     Saldo laba/                            Penghasilan (rugi) komprehensif lain/
                                                                                                                                                  Retained earnings                          Other comprehensive income (loss)
                                                                                                                   Selisih transaksi                                            Selisih kurs karena
                                                                                                                    dengan pihak                                                    penjabaran           Pengukuran            Rugi atas
                                                                                                                   nonpengendali/                                               laporan keuangan/       kembali atas      perubahan nilai
                                                                                                                    Difference in                                                  Difference in      program imbalan     wajar instrumen
                                                Modal ditempatkan Tambahan modal                                     value from                                                  foreign currency           pasti/             ekuitas/                              Kepentingan
                                                dan disetor penuh/  disetor - Neto/                               transactions with     Telah ditentukan    Belum ditentukan      translation of      Remeasurements Loss on changes in                             nonpengendali/
                                        Catatan/ Issued and fully  Additional paid-in     Saham treasuri/          non-controlling      penggunaannya/       penggunaannya/           financial      of defined benefit      fair value of         Total/           Non-controlling         Total ekuitas/
                                         Notes paid share capital    capital - Net        Treasury stock               interests         Appropriated        Unappropriated         statements              plans        equity instrument         Total               interests             Total equity

Saldo 1 Januari 2023                                  1.595.000.000       598.383.602 (         63.804.128)(             83.580.060)           12.000.000       4.642.933.081          18.731.869          22.721.250                      -      6.742.385.614          460.477.258          7.202.862.872              Balance at 1 January 2023

Pembentukan cadangan umum                 24                      -                 -                       -                      -            1.000.000 (         1.000.000)                   -                   -                     -                  -                       -                      -      Appropriation of general reserve

Pendirian entitas anak                                            -                 -                       -                      -                    -                   -                    -                   -                     -                  -           16.081.555             16.081.555            Establishment of subsidiaries

Penerbitan modal saham                                                                                                                                                                                                                                                                                                      Issuance of share capital
  entitas anak                                                    - (           4.450)                      -           102.853.894                     -                   -                    -                   -                     -       102.849.444           318.045.873            420.895.317                         of subsidiaries

Dividen kas - Perusahaan                  24                      -                 -                       -                      -                    - (       299.886.213)                   -                   -                     - (     299.886.213)                       - (       299.886.213)                Cash dividend - Company

Dividen kas - Entitas anak                                        -                 -                       -                      -                    -                   -                    -                   -                     -                  - (             28.787) (               28.787)             Cash dividend - Subsidiary

Laba tahun berjalan                                               -                 -                       -                      -                    -         826.049.833                    -                   -                     -       826.049.833            30.810.927            856.860.760                       Profit for the year

Rugi komprehensif lain tahun berjalan                             -                 -                       -                      -                    -                   - (        24.273.311) (       11.248.387) (         12.475.911) (      47.997.609) (         18.014.280) (          66.011.889) Other comprehensive loss for the year

Saldo 31 Desember 2023                                1.595.000.000       598.379.152 (         63.804.128)              19.273.834            13.000.000       5.168.096.701 (         5.541.442)         11.472.863 (          12.475.911)      7.323.401.069          807.372.546          8.130.773.615          Balance at 31 December 2023

Pembentukan cadangan umum                 24                      -                 -                       -                      -            1.000.000 (         1.000.000)                   -                   -                     -                  -                       -                      -      Appropriation of general reserve

Akuisisi kepentingan nonpengendali                                -                 -                       - (               31.395)                   -                   -                    -                   -                     -(           31.395) (            154.293) (              185.688) Acquisition of non-controlling interest

Dilusi akibat penambahan                                                                                                                                                                                                                                                                                         Dilution due to the additional share
  modal anak                                                      -                 -                       - (                    5)                   -                   -                    -                   -                     -(                 5)                      5                      -        capital of subsidiary entities

Penambahan modal dari entitas                                                                                                                                                                                                                                                                                                Additions capital from
  nonpengendali                           1C                      -                 -                       -                      -                    -                   -                    -                   -                     -                  -           25.122.573             25.122.573               non-controlling interest

Perubahan kepentingan nonpengendali                                                                                                                                                                                                                                                                              Changes in non-controlling interest
  atas pelepasan entitas anak                                     -                 -                       -                      -                    -                   -                    -                   -                     -                  - (          8.780.640) (            8.780.640)          by disposal of subsidiaries

Dividen kas - Perusahaan                  24                      -                 -                       -                      -                    - (       268.319.243)                   -                   -                     -(      268.319.243)                       -(        268.319.243)                Cash dividend - Company

Dividen kas - Entitas anak                                        -                 -                       -                      -                    -                   -                    -                   -                     -                  - (         10.774.004) (          10.774.004)              Cash dividend - Subsidiary

Laba tahun berjalan                                               -                 -                       -                      -                    -       1.032.546.782                    -                   -                     -      1.032.546.782           86.938.925          1.119.485.707                       Profit for the year

Laba komprehensif lain                                                                                                                                                                                                                                                                                              Other comprehensive income for
  tahun berjalan                                                  -                 -                       -                      -                    -                   -          44.407.370           2.248.233                      -        46.655.603            23.416.350             70.071.953                             the year

Saldo 31 Desember 2024                              1.595.000.000        598.379.152 (         63.804.128)              19.242.434            14.000.000       5.931.324.240          38.865.928          13.721.096 (          12.475.911)      8.134.252.811          923.141.462          9.057.394.273           Balance at 31 December 2024



    Lihat Catatan atas Laporan Keuangan Konsolidasian pada Ekshibit E terlampir yang merupakan bagian yang tidak terpisahkan                                                               See accompanying Notes to the Consolidated Financial Statements on Exhibit E which are an integral part of
                                    dari Laporan Keuangan Konsolidasian secara keseluruhan                                                                                                                         the Consolidated Financial Statements taken as a whole
Page 374
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language

                                                      Ekshibit D                                                                    Exhibit D


                 PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
              LAPORAN ARUS KAS KONSOLIDASIAN                                    CONSOLIDATED STATEMENT OF CASH FLOWS
                 UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                      31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                               Catatan/
                                            2024                Notes              2023

ARUS KAS DARI AKTIVITAS                                                                                    CASH FLOWS FROM OPERATING
  OPERASI                                                                                                                     ACTIVITIES
Penerimaan kas dari pelanggan               65.461.882.884     5,25               59.792.126.106              Cash receipts from customers
Pembayaran kas kepada pemasok dan                           7,8,17,20,                                      Cash payments to suppliers and
  karyawan                        (         60.609.791.672 ) 26,27,28 (           57.308.753.914 )                             employees

Kas yang diperoleh dari aktivitas                                                                              Cash provided by operating
  operasi                                    4.852.091.212                         2.483.372.192                                activities
Penerimaan dari (pembayaran untuk)                                                                      Cash receipts from (payments for)
  Pendapatan bunga                              38.289.172                            18.171.208                         Interest income
  Beban bunga                      (           583.919.140 )       30     (          490.335.006 )                     Interest expenses
  Pajak penghasilan                (         2.067.142.595 )       31     (        1.128.865.756 )                          Income taxes

Kas Neto yang Diperoleh dari                                                                             Net Cash Provided by Operating
 Aktivitas Operasi                          2.239.318.649                           882.342.638                             Activities

ARUS KAS DARI AKTIVITAS                                                                                    CASH FLOWS FROM INVESTING
  INVESTASI                                                                                                                  ACTIVITIES
Penerimaan dividen dari                                                                                            Dividend received from
  entitas asosiasi                                       -         11                   2.426.459                              associates
Hasil penjualan aset tetap                      47.877.563         13                   1.669.725        Proceeds from sale of fixed assets
Divestasi entitas anak - neto dari kas
  yang di divestasi di anak-anak                                                                        Divestment of subsidiaries - net of
  perusahaan                           (         9.470.858 )                                    -        cash divested from subsidiaries
Pembelian aset takberwujud             (        38.998.399 )       14     (             3.455.177 )       Acquisitions of intangible assets
Penambahan aset hak-guna               (        29.989.019 )       15     (             9.791.271 )        Additions of right-of-use assets
Penambahan sewa                        (        80.697.087 )              (            29.118.559 )                       Additions of rent
Penambahan uang jaminan                (         4.230.642 )       6      (            35.853.373 )          Additions in security deposits
Penambahan investasi pada entitas                                                                            Additions of investment in an
  asosiasi dan ventura bersama         (        37.816.200 )       11     (            83.700.000 )         associate and joint ventures
Pembayaran untuk perolehan                                                                                     Payments for acquisition of
  tambahan kepemilikan pada                                                                                           additional interest
  entitas anak                         (           185.688 )                                      -                        in subsidiaries
Akuisisi entitas anak, setelah                                                                           Acquisition of subsidiaries, net of
  dikurangi kas yang diperoleh         (        76.779.543 )                                      -                         cash acquired
                                                                                                               Acquisitions of fixed assets
Pembelian aset tetap dan uang muka                                                                         and advances for purchase of
  pembelian aset tetap             (           772.689.826 )    10,13     (        1.049.799.416 )                            fixed assets

Kas Neto yang Digunakan untuk                                                                                   Net Cash Used in Investing
 Aktivitas Investasi                   (    1.002.979.699 )               (       1.207.621.612 )                             Activities



   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                      See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                      Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                     the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 375
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language

                                                    Ekshibit D/2                                                                  Exhibit D/2


                 PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
              LAPORAN ARUS KAS KONSOLIDASIAN                                    CONSOLIDATED STATEMENT OF CASH FLOWS
                 UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                      31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


                                                                Catatan/
                                            2024                 Notes              2023

ARUS KAS DARI AKTIVITAS                                                                                   CASH FLOWS FROM FINANCING
  PENDANAAN                                                                                                                  ACTIVITIES
Penerimaan dari:                                                                                                          Proceeds from:
  Utang bank jangka panjang                    963.746.202         16                 675.790.343                 Long-term bank loans
  Utang bank jangka pendek                               -         16                  79.371.287                Short-term bank loans
  Utang obligasi setelah dikurangi                                                                                 Bond payable net of
    biaya penerbitan                                        -                         554.581.893                       cost of issuance
  Penambahan modal dari                                                                                          Additions capital from
    kepentingan nonpengendali                    6.158.792                                      -            non-controlling interests
  Setoran modal ke entitas anak dari                                                                Capital contribution to subsidiaries
    kepentingan nonpengendali                               -      1c                 436.976.872      from non-controlling interests
Pembayaran untuk:                                                                                                           Payments for:
  Utang bank jangka pendek           (         779.371.993 )                                    -                Short-term bank loans
  Liabilitas sewa                    (         699.688.833 )       15      (          761.346.439 )                    Lease liabilities
  Dividen                            (         268.319.243 )       24      (          299.886.213 )                           Dividends
  Pinjaman kepada pihak berelasi     (          30.400.000 )                                    -               Due from related party
  Dividen kas untuk kepentingan                                                                                  Cash dividends paid to
    nonpengendali                    (          10.774.004 )               (               28.787 )           non-controlling interest
  Utang pembiayaan konsumen          (              21.908 )               (              131.451 )        Consumer financing payables

Kas Neto yang (Digunakan untuk)
 Diperoleh dari Aktivitas                                                                                  Net Cash (Used in) Provided by
 Pendanaan                           (         818.670.987 )                          685.327.505                   Financing Activities

KENAIKAN NETO KAS DAN                                                                                                  NET INCREASE IN
 SETARA KAS                                   417.667.963                            360.048.531           CASH AND CASH EQUIVALENTS

Efek neto perubahan kurs mata uang                                                                     Net effect of changes in exchange
  terhadap kas dan setara kas                   32.009.384                 (             6.969.030 ) rates on cash and cash equivalents

                                                                                                         CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AWAL TAHUN               1.177.967.103                             824.887.602                  BEGINNING OF YEAR

                                                                                                         CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AKHIR TAHUN              1.627.644.450                           1.177.967.103                       END OF YEAR

KAS DAN SETARA KAS AKHIR TAHUN                                                                           CASH AND CASH EQUIVALENTS AT
 TERDIRI DARI:                                                                                               END OF YEAR CONSIST OF:
Kas dan setara kas                           1.765.745.896          4               1.765.703.214               Cash and cash equivalents
Cerukan                        (               138.101.446 )       16      (          587.736.111 )                            Overdrafts

                                                                                                         CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AKHIR TAHUN              1.627.644.450                          1.177.967.103                        END OF YEAR



   Lihat Catatan atas Laporan Keuangan Konsolidasian pada                       See accompanying Notes to the Consolidated Financial
    Ekshibit E terlampir yang merupakan bagian yang tidak                       Statements on Exhibit E which are an integral part of
   terpisahkan dari Laporan Keuangan Konsolidasian secara                      the Consolidated Financial Statements taken as a whole
                          keseluruhan
Page 376
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                          Ekshibit E                                                                 Exhibit E


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     UMUM                                                             1.   GENERAL

       a. Pendirian Perusahaan                                               a. Establishment of the Company

          PT Erajaya Swasembada Tbk (“Perusahaan”) didirikan di                 PT Erajaya Swasembada Tbk (the “Company”) was
          Indonesia berdasarkan Akta Notaris Myra Yuwono, S.H.,                 established in Indonesia based on Notarial Deed No. 7 of
          No. 7 tanggal 8 Oktober 1996. Akta pendirian ini telah                Myra Yuwono, S.H., dated 8 October 1996. The Deed of
          disahkan oleh Menteri Kehakiman Republik Indonesia                    Establishment was approved by the Ministry of Justice of
          dalam Surat Keputusan No. C2-1270.HT.01.01.Tahun 1997                 the Republic of Indonesia in its Decision Letter
          tanggal 24 Februari 1997 serta diumumkan dalam Berita                 No. C2-1270.HT.01.01.Year 1997 dated 24 February 1997
          Negara Republik Indonesia No. 41 Tambahan No. 2016                    and was published in Supplement No. 2016 of the State
          tanggal 23 Mei 1997. Anggaran Dasar Perusahaan telah                  Gazette No. 41 dated 23 May 1997. The Company’s
          mengalami beberapa kali perubahan, terakhir dengan                    Articles of Association has been amended several times,
          Akta Notaris R.M. Dendy Soebangil, S.H., M.Kn., No. 3                 most recently by Notarial Deed No. 3 of R.M. Dendy
          tertanggal 4 Juli 2022, terkait penyesuaian Klasifikasi               Soebangil, S.H., M.Kn., dated on 4 July 2022, pertaining
          Baku Lapangan Usaha Indonesia (“KBLI”) dan penyesuaian                to adjustment of the Indonesian Standard Classification
          kegiatan usaha utama dan penunjang. Perubahan                         of Business Fields (“KBLI”) and adjustment of main and
          Anggaran Dasar ini telah disetujui oleh Kementerian                   supporting business activities. The latest amendment of
          Hukum dan Hak Asasi Manusia Republik Indonesia                        the Articles of Association has been approved by the
          berdasarkan Surat No. AHU-0045885.AH.01.02 Tahun 2022                 Minister of Law and Human Rights of the Republic of
          tertanggal 4 Juli 2022.                                               Indonesia in its Letter No. AHU-0045885.AH.01.02 Year
                                                                                2022 dated on 4 July 2022.

          Sesuai dengan Pasal 3 Anggaran Dasar Perusahaan, ruang                In accordance with Article 3 of the Company's Articles of
          lingkup kegiatan usaha Perusahaan terdiri atas, antara                Association, the scope of its activities comprises, among
          lain, perdagangan besar, aktivitas dan jasa; dan industri.            others, large trading, activities and services; and
          Ruang lingkup aktivitas utama entitas anak meliputi                   industry. The scope of the main activities of its
          bidang     distribusi  dan     perdagangan      peralatan             subsidiaries includes distribution and trading of
          telekomunikasi seperti telepon selular, Subscriber                    telecommunication equipment such as cellular phones,
          Identity Module Card (“SIM Card”), voucher untuk telepon              Subscriber Identity Module Card (“SIM Card”), vouchers
          selular, aksesoris, komputer dan perangkat elektronik                 for cellular phone, accessories, computer and other
          lainnya, bisnis properti, penyedia sistem teknologi                   electronic devices, property business, providing
          informasi, layanan dan hubungan pelanggan, perdagangan                information technology system, managing service and
          alat    kesehatan,    perdagangan      produk    farmasi,             customer relationship, trading of medical equipment,
          perdagangan kosmetik, perdagangan besar makanan dan                   trading of pharmacy products, trading of cosmetics,
          minuman dan restoran.                                                 wholesale food and beverage and restaurant.

          Perusahaan berdomisili di Jalan Gedong Panjang                        The Company is domiciled at Jalan Gedong Panjang
          No. 29-31, Pekojan, Tambora, Jakarta, dan beroperasi                  No. 29-31, Pekojan, Tambora, Jakarta, and started its
          secara komersial pada tahun 2000.                                     commercial operations in 2000.

          PT Eralink International yang didirikan di Indonesia adalah           PT Eralink International which is incorporated in
          entitas induk terakhir Perusahaan.                                    Indonesia is the ultimate parent company of the
                                                                                Company.

       b. Penawaran Umum Efek Perusahaan dan Aksi Korporasi                  b. Company’s Public Offering and Corporate Actions
          yang Mempengaruhi Modal Saham yang Ditempatkan                        Affecting Issued and Fully Paid Share Capital
          dan Disetor Penuh

          Pada tanggal 2 Desember 2011, Perusahaan memperoleh                   On 2 December 2011, the Company received the
          pernyataan efektif dari Ketua Otoritas Jasa Keuangan                  effective statement from the Chairman of Financial
          (“OJK”) dalam suratnya No. S-12999/BL/2011 untuk                      Services    Authority      (“OJK”)    in     its   letter
          melakukan penawaran umum perdana sebanyak                             No. S-12999/BL/2011 to offer its 920,000,000 shares to
          920.000.000 saham dengan nilai nominal Rp500 (angka                   public with par value of Rp500 (full amount) per share
          penuh) per saham kepada masyarakat melalui Bursa Efek                 through the Indonesia Stock Exchange at an initial
          Indonesia dengan harga penawaran perdana sebesar                      offering price of Rp1,000 (full amount) per share. On
          Rp1.000 (angka penuh) per saham. Pada tanggal                         14 December 2011, the Company has listed all its issued
          14 Desember 2011, Perusahaan telah mencatatkan seluruh                and fully paid shares on the Indonesia Stock Exchange.
          saham dari modal ditempatkan dan disetor penuh di Bursa
          Efek Indonesia.
Page 377
                                                                                                   These Consolidated Financial Statements are Originally
                                                                                                               Issued in Indonesian Language


                                                                    Ekshibit E/2                                                                             Exhibit E/2


                   PT ERAJAYA SWASEMBADA Tbk                                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                                               1.      G E N E R A L (Continued)

       b. Penawaran Umum Efek Perusahaan dan Aksi Korporasi                                     b. Company’s Public Offering and Corporate Actions
          yang Mempengaruhi Modal Saham yang Ditempatkan                                           Affecting Issued and Fully Paid Share Capital
          dan Disetor Penuh (Lanjutan)                                                             (Continued)

          Pada tanggal 25 April 2018, Perusahaan telah                                             On 25 April 2018, the Company conducted a Non-
          melaksanakan Penambahan Modal Tanpa Hak Memesan                                          Preemptive Rights Issue by issuing new shares equivalent
          Efek Terlebih Dahulu dengan menerbitkan 290.000.000                                      totaling to 290,000,000 shares with exercise price of
          saham dengan harga pelaksanaan sebesar Rp1.054 (angka                                    Rp1,054 (full amount) per share.
          penuh) per saham.

          Perusahaan telah melakukan pembelian saham treasuri                                      The Company has puchased treasury stock totaling to
          sejumlah 166.515.100 saham dari tanggal 30 Maret 2020                                    166,515,100 shares during 30 March 2020 to 9 December
          sampai 9 Desember 2022 dengan harga pembelian sebesar                                    2022 with purchase cost of Rp63,804,128. After the
          Rp63.804.128. Setelah pembelian tersebut, jumlah saham                                   purchase, the number of outstanding shares has become
          yang beredar menjadi 15.783.484.900 saham.                                               15,783,484,900 shares.

          Pada tanggal 3 Maret 2021, Perusahaan melakukan                                          On 3 March 2021, the Company conducted stock split of
          pemecahan nilai nominal sahamnya dari Rp500 per saham                                    the Company’s par value from Rp500 per share to Rp100
          menjadi Rp100 per saham, sehingga jumlah saham yang                                      per share, which resulted in the number of shares issued
          dikeluarkan Perusahaan yang semula berjumlah                                             by the Company changed from 3,190,000,000 shares to
          3.190.000.000 saham berubah menjadi 15.950.000.000                                       become 15,950,000,000 shares.
          saham.

       c. Susunan Entitas Anak                                                                  c. Subsidiaries’ Structure

          Laporan keuangan konsolidasian mencakup akun-akun                                        The consolidated financial statements include the
          entitas   anak,   dimana    Perusahaan  mempunyai                                        accounts of subsidiaries, which the Company has control
          pengendalian, baik langsung maupun tidak langsung,                                       either directly or indirectly as follows:
          sebagai berikut:

                                                                                                     Persentase Kepemilikan/              Total Aset Sebelum Eliminasi/
                                                                                                     Percentage of Ownership             Total Assets Before Eliminations
                                                                            Tahun Beroperasi
                                                                           Secara Komersial/
                         Entitas Anak/              Tempat Kedudukan/     Start of Commercial
                         Subsidiaries                   Domicile               Operations           2024              2023                 2024                2023

          Kepemilikan langsung/ Direct ownership

          PT Erafone Artha Retailindo (“EAR”)             Jakarta                2003                       99,82               99,82      5.544.123.878       6.317.049.770
          PT Sinar Eka Selaras Tbk (“SES”)                Jakarta                2011                       80,00               80,00      2.298.875.485       1.890.680.812
          PT Era Sukses Abadi (“ESA”) 1)                  Jakarta                2011                       99,99               99,99        587.898.512         371.158.302
          PT Era Boga Nusantara (‘’EBN’’)                 Jakarta                2020                       99,99               99,99        309.190.182         278.165.810
          PT Era Prima Indonesia (“EPI”)                  Jakarta                2017                       99,99               99,99        106.185.433         106.781.182
          PT Azec Indonesia Management Services
            (“AIMS”)                                      Jakarta                2001                       99,99               99,99         39.791.629          65.315.837
          Erajaya Holding Pte. Ltd (“EH”)           Singapura/Singapore          2018                      100,00              100,00        393.335.682         406.865.655
          PT Indonesia Orisinil Teknologi (“IOT”)         Jakarta                2018                       99,99               99,99          1.196.708           1.157.826

          Kepemilikan tidak langsung melalui EAR/
            Indirect ownership through EAR

          PT Teletama Artha Mandiri (“TAM”)               Jakarta                2005                       99,99               99,99      4.059.604.003       5.983.255.898
          PT Data Citra Mandiri (“DCM”)                   Jakarta                2004                       99,99               99,99      2.621.495.799       3.014.610.995
          PT Nusa Abadi Sukses Artha (“NASA”)             Jakarta                2017                       99,99               99,99        583.432.412         583.250.665
          PT Prakarsa Prima Sentosa (“PPS”)               Jakarta                2010                       80,00               80,00        105.656.757          96.696.833
          PT Mandiri Sinergi Niaga (“MSN”)                Jakarta                2011                       99,99               99,99(         7.298.097 )        91.896.597
          PT Prima Pesona Prakarsa (“PPP”)                Jakarta                2010                       99,99               99,99          6.105.457          11.274.637
          PT Citra Kreativa Inovasi (“CKI”)               Jakarta                2012                       77,06               77,06            593.174             596.639

          Kepemilikan tidak langsung melalui MSN/
            Indirect ownership through MSN

          PT Multi Media Selular (“MMS”)                  Jakarta                2004                       99,60               99,60         22.881.278         169,638,443
          PT Data Media Telekomunikasi (“DMT”)            Jakarta                2003                       98,00               98,00         18.422.325          17.665.865

          Kepemilikan tidak langsung melalui EPI/
            Indirect ownership through EPI

          PT Nusa Gemilang Abadi (“NGA”)                  Jakarta                2006                       99,99               99,99         60.983.719          61.972.945
          PT Jagad Utama Lestari (“JUL”)                  Jakarta                2019                       85,00               85,00          3.973.750           4.045.158
          PT Era Prima Medika (’’EPM’’)                   Jakarta                2020                       99,86               99,86         35.324.873           1.861.232
          PT Surya Andra Medicalindo (“SAM”) 2)           Jakarta                2017                           -               55,04                  -          79.269.134
          PT Urogen Advanced Solutions (“UAS”) 3)         Jakarta                2017                           -               55,00                  -          76.080.146
Page 378
                                                                                                        These Consolidated Financial Statements are Originally
                                                                                                                    Issued in Indonesian Language


                                                                         Ekshibit E/3                                                                               Exhibit E/3


                   PT ERAJAYA SWASEMBADA Tbk                                                                  PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                                         AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                               NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                                      FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                                           31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                  (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                                                    1.      G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                                            c. Subsidiaries’ Structure (Continued)

          Laporan keuangan konsolidasian mencakup akun-akun                                             The consolidated financial statements include the
          entitas   anak,     dimana  Perusahaan  mempunyai                                             accounts of subsidiaries, which the Company has control
          pengendalian, baik langsung maupun tidak langsung,                                            either directly or indirectly as follows: (Continued)
          sebagai berikut: (Lanjutan)

          1)   Sampai dengan tanggal tanggal 22 Agustus 2024, kepemilikan langsung Perusahaan sebesar 46,93% dan kepemilikan tidak langsung melalui EAR, TAM dan DCM masing-masing
               sebesar 23,99%, 21,27% dan 7,8%/ Unil 22 August 2024, the direct ownership by the Company of 46.93% and indirect ownership through EAR, TAM and DCM of 23.99%, 21.27%
               and 7.8%, respectively.
          2)   Sampai dengan tanggal 26 Maret 2024, kepemilikan tidak langsung melalui EPI sebesar 55,04%/ Until 26 March 2024, indirect ownership through EPI of 55.04%.
          3)   Sampai dengan tanggal 26 Maret 2024, kepemilikan tidak langsung melalui EPI sebesar 55,00%/ Until 26 March 2024, indirect ownership through EPI of 55.00%.


                                                                                                          Persentase Kepemilikan/               Total Aset Sebelum Eliminasi/
                                                                                                          Percentage of Ownership              Total Assets Before Eliminations
                                                                                 Tahun Beroperasi
                                                                                Secara Komersial/
                          Entitas Anak/                  Tempat Kedudukan/     Start of Commercial
                          Subsidiaries                       Domicile               Operations           2024                2023                2024                 2023

          Kepemilikan tidak langsung melalui CG/
            Indirect ownership through CG
          Erafone Retails Malaysia Sdn. Bhd.                  Malaysia                2012               100,00              100,00                236.860.832          163.475.435
          Switch Concept Sdn. Bhd.                            Malaysia                2007               100,00              100,00                 34.817.474           30.594.579
          Urban Republic Sdn. Bhd.                            Malaysia                2013               100,00              100,00                 20.499.630           17.193.634
          ENB Mobile Malaysia Sdn. Bhd.                       Malaysia                2023                60,00               60,00                 51.581.107            3.972.816
          Switch Malaysia Sdn. Bhd.                           Malaysia                2021               100,00              100,00                 11.613.469               11.925
          Pomelo Tech Sdn. Bhd.
            d/h JKK Software Sdn. Bhd.                        Malaysia                2014               100,00               80,00                     27.617                7.602
          Techero Sdn. Bhd. (“Techero”)                       Malaysia                2017               100,00              100,00                    758.853            4.891.933

          Kepemilikan tidak langsung melalui PPP/
            Indirect ownership through PPP
          PT Satera Manajemen Persada Indonesia
            (“SMPI”)                                           Jakarta                2017               50,40                50,40                           -                    -

          Kepemilikan tidak langsung melalui EBN/
            Indirect ownership through EBN
          PT Mitra Belanja Anda (‘’MBA’’)                      Jakarta                2020                51,00               51,00                766.245.821          540.435.528
          PT Era Boga Patiserindo (‘’EBP’’)                    Jakarta                2021                70,00               70,00                133.307.558          151.347.495
          Eravest Holding Pte Ltd (‘’EVH’’)              Singapura/Singapore          2020               100,00              100,00                 75.859.203           61.957.048
          PT Era Kopi Anda (‘’EKA’’)                           Jakarta                2023                70,00               70,00                108.248.311           46.773.362
          PT Era Boga Kari (‘’EBK’’)                           Jakarta                2023                70,00               70,00                 11.783.787            3.499.289
          PT Era Boga Pretzel (“EBZ”)                          Jakarta                2023                99,99               99,98                 12.413.377              296.456

          Kepemilikan tidak langsung melalui EH/
            Indirect ownership through EH
          Erajaya Digital Pte. Ltd. (’’ERDI’’)           Singapura/Singapore          2021               100,00              100,00                861.864.513          811.573.039
          Eraspace Pte. Ltd.                             Singapura/Singapore          2021                65,00               65,00                 39.899.347           16.093.967
          Era Property Holding Pte. Ltd. (‘’EPH’’)       Singapura/Singapore          2020                50,00               50,00                126.245.149          126.548.894

          Kepemilikan tidak langsung melalui Eraspace
            Pte. Ltd./ Indirect ownership through
            Eraspace Pte. Ltd.
          PT Erafone Dotcom (“EDC”)                            Jakarta                2009               98,49                98,49                283.524.093          570.403.867

          Kepemilikan tidak langsung melalui EDC/
            Indirect ownership through EDC
          PT Data Tekno Indotama (“DTI”)                       Jakarta                2019               99,98                99,98                 67.575.029           61.893.075

          Kepemilikan tidak langsung melalui SES/
            Indirect ownership through SES
          PT Mitra Internasional Indonesia (“MII”)             Jakarta                2017               99,99                99,99                604.118.658          618.788.483
          PT Era Aktif Indonesia (“EAI”)                       Jakarta                2022               99,97                99,97                 94.760.563           48.624.957
          PT Sinar Era Aktif (“SEA”)                           Jakarta                2022               99,96                99,96                 19.262.310           18.723.071
          PT Era Gaya Indonesia (“EGI”)                        Jakarta                2023               99,99                99,99                208.304.128           16.823.867
          PT Era Gaya Distribusi (“EGD”)                       Jakarta                2023               99,99                99,99                  3.473.821            2.037.666
          PT Era Aktif Distribusi d/h PT Master Selam
            Nusantara (“EAD”)                                  Jakarta                2023                99,99               99,99                  4.939.681               86.279
          PT JDSports Fashion Distribution (“JDFD”) 4)         Jakarta                2022               100,00                 -                   94.457.427                    -
          PT Era Gaya aktif d/h PT JDSports Fashion
            Indonesia (“EGA”) 5)                               Jakarta                2022               100,00                 -                  384.509.542                     -
          PT Era Inovasi Otomotif (“EIVO”)                     Jakarta                2024                99,99                 -                   10.005.040                     -
          PT Era Industri Otomotif (“EIDO”)                    Jakarta                2024                99,99                 -                   10.005.040                     -
          PT Aero Inovasi Media (“AIMN”)                       Jakarta                2024                51,00                 -                   35.000.000                     -
          PT Era Mode Indonesia (“EMI”)                        Jakarta                2024                99,00                 -                      100.000                     -
          PT Era Gaya Selaras (“EGS”)                          Jakarta                2024                99,00                 -                      100.000                     -
          PT Era Busana Indonesia (“EBI”)                      Jakarta                2024                99,00                 -                      100.000                     -
Page 379
                                                                                                                              These Consolidated Financial Statements are Originally
                                                                                                                                          Issued in Indonesian Language


                                                                                     Ekshibit E/4                                                                                                        Exhibit E/4


                   PT ERAJAYA SWASEMBADA Tbk                                                                                    PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                                                           AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                                                        FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                                                             31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                                                                      1.       G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                                                               c. Subsidiaries’ Structure (Continued)

          Laporan keuangan konsolidasian mencakup akun-akun                                                                   The consolidated financial statements include the
          entitas   anak,     dimana  Perusahaan  mempunyai                                                                   accounts of subsidiaries, which the Company has control
          pengendalian, baik langsung maupun tidak langsung,                                                                  either directly or indirectly as follows: (Continued)
          sebagai berikut: (Lanjutan)
          4)
               Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui EGA sebesar 0,01%, sebelumnya kepemilikan tidak langsung
               Perusahaan melalui SES 51% dan JD Sports Fashion Plc., pihak ketiga, sebesar 49%./ Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership
               by EGA of 0.01%, previously indirect ownership through SES by the Company of 51% and JD Sports Fashion Plc., third party by 49%.
          5)
               Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui JDFD sebesar 0,01%, sebelumnya kepemilikan tidak
               langsung Perusahaan melalui SES 49% dan JD Sports Fashion Plc., pihak ketiga, sebesar 51%./ Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect
               ownership by JDFD of 0.01%, previously indirect ownership through SES by the Company of 49% and JD Sports Fashion Plc., third party by 51%.


                                                                                                                                 Persentase Kepemilikan/                        Total Aset Sebelum Eliminasi/
                                                                                                                                 Percentage of Ownership                       Total Assets Before Eliminations
                                                                                              Tahun Beroperasi
                                                                                             Secara Komersial/
                              Entitas Anak/                      Tempat Kedudukan/          Start of Commercial
                              Subsidiaries                           Domicile                    Operations                     2024                      2023                     2024                      2023

          Kepemilikan tidak langsung melalui TAM/
            Indirect ownership through TAM
          PT Nusa Abadi Sukses Artha Distribusi
            Indonesia (“NASAD”)                                          Jakarta                      2021                      99,99                     99,99                     220.025.279               219.916.774
          PT Mitra Internasional Indonesia Distribusi
            (“MIID”)                                                     Jakarta                      2021                      99,99                     99,99                     170.163.841               169.935.684

          Kepemilikan tidak langsung melalui ERDI/
            Indirect ownership through ERDI
          CG Computers Sdn. Bhd. (“CG”)                      Malaysia                                 1995                       60,00                    60,00                   2.152.945.271             1.883.669.876
          Era International Network Sdn. Bhd. (“EIM”)        Malaysia                                 2015                       95,00                    95,00                     215.678.033               297.884.435
          Era International Network Pte. Ltd. (“EIS”)  Singapura/Singapore                            2015                       95,00                    95,00                     235.441.058               281.864.092
          Venturistic Mobile Network Sdn. Bhd. (“VMN”)       Malaysia                                 2022                       98,88                    98,88                     138.245.859               174.905.465
          Erajaya Digital Retail Pte. Ltd. (ERDIRET)   Singapura/Singapore                            2021                       60,00                    60,00                     126.367.672               166.823.402
          Erajaya Swasembada Pte. Ltd. (“ESS”)         Singapura/Singapore                            2018                      100,00                   100,00                     129.071.242               147.115.951
          Era Tech Communication Pte. Ltd. (“ETC”)     Singapura/Singapore                            2022                       99,00                    99,00                      19.305.608                31.392.384

          Kepemilikan tidak langsung melalui MBA/
            Indirect ownership through MBA
          PT Mitra Belanja Halal (“MBH”)                                 Jakarta                      2023                      90,00                     90,00                        9.840.010                9.381.723

          Kepemilikan tidak langsung melalui EKA/
            Indirect ownership through EKA
          PT Era Maju Terus (“EMT”)                                      Jakarta                      2023                      99,99                     99,90                       22.140.971                    54.922


          TAM, EAR, CG, SES, DCM, EIM, EIS, NASA, MII, ESS, EH,                                                               TAM, EAR, CG, SES, DCM, EIM, EIS, NASA, MII, ESS, EH,
          ERDIRET, ETC, dan VMN bergerak dalam bidang                                                                         ERDIRET, ETC, and VMN are engaged in trading of cellular
          perdagangan telepon selular, aksesoris, komputer dan                                                                phones, accessories, computer and other electronic
          perangkat elektronik lainnya. MMS dan PPS bergerak                                                                  devices. MMS and PPS are engaged in trading of Subscriber
          dalam bidang perdagangan Subscriber Identity Module                                                                 Identity Module Card (“SIM Card”) and vouchers for
          Card (“SIM Card”) dan voucher untuk telepon selular. ESA                                                            cellular phone. ESA and EPH is engaged in property
          dan EPH bergerak dalam bidang properti. AIMS bergerak                                                               business. AIMS is engaged in providing information
          dalam bidang penyediaan sistem teknologi informasi.                                                                 technology system. EPM, UAS and SAM is engaged in
          EPM, UAS dan SAM bergerak dalam bidang perdagangan                                                                  trading of medical equipment. DTI is engaged in managing
          alat kesehatan. DTI bergerak dalam bidang layanan dan                                                               service and customer relationship. NGA is engaged in
          hubungan pelanggan. NGA bergerak dalam bidang                                                                       trading of cosmetics. EDC is engaged in platform digital,
          perdagangan eceran kosmetik. EDC bergerak dalam                                                                     EBP, EBK, EBZ & EMT is engaged in wholesale food and
          bidang platform digital, EBP, EBK, EBZ & EMT bergerak                                                               beverage, and restaurant. EAI and EGI is engaged in
          dalam bidang perdagangan besar makanan dan minuman,                                                                 trading of sports equipment. SEA is engaged in trading of
          dan restoran. EAI dan EGI bergerak dalam bidang                                                                     diving equipment. MBA is engaged in trading of food and
          perdagangan eceran peralatan olahraga. SEA bergerak                                                                 beverages in supermarkets/ minimarkets. EGD, EAD,
          dalam bidang perdagangan eceran peralatan selam. MBA                                                                EGA, JDFD, EBI, EGS and EMI is engaged in wholesale
          bergerak dalam bidang perdagangan eceran makanan dan                                                                trade of apparel. EIDO is engaged in assembling of
          minuman di supermarket/ minimarket. EGD, EAD, EGA,                                                                  automobiles and the battery industry for electric motor
          JDFD, EBI, EGS dan EMI bergerak dalam bidang                                                                        vehicles. EIVO is engaged in the distribution of
          perdagangan besar pakaian. EIDO bergerak di bidang                                                                  automobiles. AIMN is engaged in the rental services of
          perakitan kendaraan bermotor roda empat dan industri                                                                drones.
          baterai untuk kendaraan bermotor listrik. EIVO bergerak
          di bidang distribusi kendaraan bermotor roda empat. AIMN
          bergerak di bidang jasa penyewaan drone.
Page 380
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                     Ekshibit E/5                                                               Exhibit E/5


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          PT Era Inovasi Otomotif (“EIVO”)                                   PT Era Inovasi Otomotif (“EIVO”)

          Berdasarkan Akta Notaris Dr. Sugih Haryati, S.H., M.Kn.,           Based on Notarial Deed Dr. Sugih Haryati, S.H., M.Kn.,
          No. 90, pada tanggal 22 November 2024, Perusahaan                  No. 90, on 22 November 2024, the Company established
          mendirikan PT Era Inovasi Otomotif melalui SES, dimana             PT Era Inovasi Otomotif through SES, in which SES owned
          SES memiliki 99,99% kepemilikan pada PT Era Inovasi                99.99% ownership interests in PT Era Inovasi Otomotif.
          Otomotif.

          Modal yang disetorkan oleh SES adalah sebesar                      The capital contribution made by SES amounted to
          Rp9.999.000, sedangkan setoran modal dari kepentingan              Rp9,999,000, while the capital contribution from the
          nonpengendali adalah sebesar Rp1.000.                              non-controlling interests is amounted to Rp1,000.

          PT Era Industri Otomotif (“EIDO”)                                  PT Era Industri Otomotif (“EIDO”)

          Berdasarkan Akta Notaris Dr. Sugih Haryati, S.H., M.Kn.,           Based on Notarial Deed Dr. Sugih Haryati, S.H., M.Kn.,
          No. 89, pada tanggal 22 November 2024, Perusahaan                  No. 89, on 22 November 2024, the Company established
          mendirikan PT Era Industri Otomotif melalui SES, dimana            PT Era Industri Otomotif through SES, in which SES owned
          SES memiliki 99,99% kepemilikan pada PT Era Industri               99.99% ownership interests in PT Era Industri Otomotif.
          Otomotif.

          Modal yang disetorkan oleh SES adalah sebesar                      The capital contribution made by SES amounted to
          Rp9.999.000, sedangkan setoran modal dari kepentingan              Rp9,999,000, while the capital contribution from the
          nonpengendali adalah sebesar Rp1.000.                              non-controlling interests is amounted to Rp1,000.

          PT Aero Inovasi Media (“AIMN”)                                     PT Aero Inovasi Media (“AIMN”)

          Berdasarkan    Akta    Notaris  Sri   Intansih,  S.H.,             Based on Notarial Deed Sri Intansih, S.H., No. 41, on
          No. 41, pada tanggal 15 November 2024, Perusahaan dan              15 November 2024, the Company and PT Kukuh Mandiri
          PT Kukuh Mandiri Lestari, pihak ketiga, mendirikan                 Lestari, third party, established PT Aero Inovasi Media
          PT Aero Inovasi Media melalui SES, dimana SES memiliki             through SES, in which SES owned 51.00% ownership
          51,00% kepemilikan pada PT Aero Inovasi Media.                     interests in PT Aero Inovasi Media.

          Modal yang disetorkan oleh SES adalah sebesar                      The capital contribution made by SES amounted to
          Rp17.850.000, sedangkan setoran modal dari kepentingan             Rp17,850,000, while the capital contribution from the
          nonpengendali adalah sebesar Rp17.150.000.                         non-controlling interests is amounted to Rp17,150,000.

          PT Era Mode Indonesia (”EMI”)                                      PT Era Mode Indonesia (”EMI”)

          Berdasarkan Akta Notaris Hana Badrina, S.H., M.Kn.,                Based on Notarial Deed Hana Badrina, S.H., M.Kn.,
          No. 46, pada tanggal 23 Desember 2024, Perusahaan                  No. 46, on 23 November 2024, the Company established
          mendirikan PT Era Mode Indonesia melalui SES, dimana               PT Era Mode Indonesia through SES, in which SES owned
          SES memiliki 99,00% kepemilikan pada PT Era Mode                   99.00% ownership interests in PT Era Mode Indonesia.
          Indonesia.

          Modal yang disetorkan oleh SES adalah sebesar Rp99.000,            The capital contribution made by SES amounted to
          sedangkan setoran modal dari kepentingan nonpengendali             Rp99,000, while the capital contribution from the non-
          adalah sebesar Rp1.000.                                            controlling interests is amounted to Rp1,000.
Page 381
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                      Ekshibit E/6                                                              Exhibit E/6


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          PT Era Gaya Selaras (”EGS”)                                        PT Era Gaya Selaras (”EGS”)

          Berdasarkan Akta Notaris Hana Badrina, S.H., M.Kn.,                Based on Notarial Deed Hana Badrina, S.H., M.Kn.,
          No. 47, pada tanggal 23 Desember 2024, Perusahaan                  No. 47, on 23 November 2024, the Company established
          mendirikan PT Era Gaya Selaras melalui SES, dimana SES             PT Era Gaya Selaras through SES, in which SES owned
          memiliki 99,00% kepemilikan pada PT Era Gaya Selaras.              99.00% ownership interests in PT Era Gaya Selaras.

          Modal yang disetorkan oleh SES adalah sebesar                      The capital contribution made by SES amounted to
          Rp99.000.000, sedangkan setoran modal dari kepentingan             Rp99,000,000, while the capital contribution from the
          nonpengendali adalah sebesar Rp1.000.000.                          non-controlling interests is amounted to Rp1,000,000.

          PT Era Busana Indonesia (”EBI”)                                    PT Era Busana Indonesia (”EBI”)

          Berdasarkan Akta Notaris Hana Badrina, S.H., M.Kn.,                Based on Notarial Deed Hana Badrina, S.H., M.Kn.,
          No. 48, pada tanggal 23 Desember 2024, Perusahaan                  No. 48, on 23 November 2024, the Company established
          mendirikan PT Era Busana Indonesia melalui SES, dimana             PT Era Busana Indonesia through SES, in which SES owned
          SES memiliki 99,00% kepemilikan pada PT Era Busana                 99.00% ownership interests in PT Era Busana Indonesia.
          Indonesia.

          Modal yang disetorkan oleh SES adalah sebesar                      The capital contribution made by SES amounted to
          Rp99.000.000, sedangkan setoran modal dari kepentingan             Rp99,000,000, while the capital contribution from the
          nonpengendali adalah sebesar Rp1.000.000.                          non-controlling interests is amounted to Rp1,000,000.

          PT Era Gaya Aktif (”EGA”)                                          PT Era Gaya Aktif (”EGA”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,            notarized by Notarial Deed No. 356 of Jimmy Tanal, S.H.,
          No. 356 tertanggal 20 November 2024, para pemegang                 M.Kn., dated on 20 November 2024, the shareholders of
          saham PT JDSports Fashion Indonesia menyetujui                     PT JDSports Fashion Indonesia approved the change of
          perubahan nama menjadi PT Era Gaya Aktif (“EGA”).                  company name to PT Era Gaya Aktif (“EGA”).

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,            notarized by Notarial Deed No. 356 of Jimmy Tanal, S.H.,
          No. 356 tertanggal 20 November 2024 dan Akta Jual Beli             M.Kn., dated on 20 November 2024, and the Share
          Saham yang diaktakan dengan Akta Notaris Jimmy Tanal,              Purchase Deed which was notarized by Notarial Deed
          S.H., M.Kn., No. 357 dan 358 tertanggal 20 November                No. 357 and 358 of Jimmy Tanal, S.H., M.Kn., dated on
          2024, para pemegang saham EGA menyetujui pengalihan                20 November 2024, the shareholders of EGA approved the
          seluruh kepemilikan saham atas nama JD Sports Fashion              transfer of all shares ownership from JD Sports Fashion
          Plc., sebanyak 89.249 lembar saham kepada SES dan                  Plc., amounted to 89,249 shares to SES and 1 share to
          1 lembar saham kepada JDFD. Setelah perubahan di atas,             JDFD. After the above changes, the ownership interest of
          persentase kepemilikan SES dan JDFD pada EGA masing-               SES and JDFD in EGA become 99.99% and 0.01%,
          masing adalah sebesar 99,99% dan 0,01%.                            respectively.

          PT JDSports Fashion Distribution (”JDFD”)                          PT JDSports Fashion Distribution (”JDFD”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,            notarized by Notarial Deed No. 353 of Jimmy Tanal, S.H.,
          No. 353 tertanggal 20 November 2024 dan Akta Jual Beli             M.Kn., dated on 20 November 2024, and the Share
          Saham yang diaktakan dengan Akta Notaris Jimmy Tanal,              Purchase Deed which was notarized by Notarial Deed No.
          S.H., M.Kn., No. 354 dan 355 tertanggal 20 November                354 and 355 of Jimmy Tanal, S.H., M.Kn., dated on
          2024, para pemegang saham JDFD menyetujui pengalihan               20 November 2024, the shareholders of JDFD approved
          seluruh kepemilikan saham atas nama JD Sports Fashion              the transfer of all shares ownership from JD Sports
          Plc., sebanyak 4.948 lembar saham kepada SES dan                   Fashion Plc., amounted to 4,948 shares to SES and 1 share
          1 lembar saham kepada PT Era Gaya Aktif. Setelah                   to PT Era Gaya Aktif. After the above changes, the
          perubahan di atas, persentase kepemilikan Perusahaan               ownership interest of the Company and PT Era Gaya Aktif
          dan PT Era Gaya Aktif pada JDFD masing-masing adalah               in JDFD become 99.99% and 0.01%, respectively.
          sebesar 99,99% dan 0,01%.
Page 382
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                     Ekshibit E/7                                                               Exhibit E/7


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          JKK Software Sdn. Bhd. (”JKK”)                                     JKK Software Sdn. Bhd. (”JKK”)

          Pada tanggal 22 Oktober 2024, Perusahaan melalui CG                On 22 October 2024, the Company through CG has
          telah mengakuisisi saham JKK dari nonpengendali dengan             acquired the share capital of JKK previously owned by
          jumlah setoran modal sebesar RM8.003 menjadi                       non-controlling interest with a total capital contribution
          RM10.003.                                                          of RM8,003 to become RM10,003.

          Setelah perubahan di atas, persentase kepemilikan CG,              After the above changes, the ownership interest of CG,
          entitas anak, pada JKK adalah sebesar 100%.                        subsidiary, in JKK become 100%.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Suruhanjaya Syarikat Malaysia                     notarized by Suruhanjaya Syarikat Malaysia dated on
          tertanggal 12 November 2024, para pemegang saham PT                12 November 2024, the shareholders of PT JKK Software
          JKK Sofware Sdn. Bhd. menyetujui perubahan nama                    Sdn. Bhd. approved the change of company name to
          menjadi Pomelo Tech Sdn. Bhd.                                      Pomelo Tech Sdn. Bhd.

          Setelah perubahan di atas, persentase kepemilikan CG               After the above changes, the ownership interest of CG in
          pada JKK menjadi 100%.                                             JKK become 100%.

          Erajaya Swasembada Pte. Ltd. (“ESS”)                               Erajaya Swasembada Pte. Ltd. (“ESS”)

          Pada tanggal 1 Juli 2024, Perusahaan melalui ERDI telah            On 1 July 2024, the Company through ERDI has increased
          melakukan peningkatan modal saham pada ESS dengan                  its share capital in ESS with total capital contribution of
          jumlah setoran modal sebesar $Sin500.000.                          Sin$500,000.

          PT Sinar Era Aktif (“SEA”)                                         PT Sinar Era Aktif (“SEA”)

          Berdasarkan Akta Notaris Petty Fatimah, S.H., M.Hum.,              Based on Notarial Deed Petty Fatimah, S.H., M.Hum.,
          M.Kn. No. 5, pada tanggal 18 Mei 2022, Perusahaan                  M.Kn. No. 5, on 18 May 2022, the Company established SEA
          mendirikan SEA melalui SES, dimana SES memiliki 80,00%             through SES, in which SES owned 80.00% ownership
          kepemilikan pada SEA. Jumlah setoran modal yang                    interests in SEA. Total capital contribution paid by SES for
          dibayarkan oleh SES untuk pendirian SEA adalah sebesar             the establishment of SEA is amounting to Rp4,000,000.
          Rp4.000.000.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandy Aryana, S.H., M.Kn.,           notarized by Notarial Deed No. 10 of Fandy Aryana, S.H.,
          No 10 tertanggal 26 September 2023, para pemegang                  M.Kn., dated on 26 September 2023, the shareholders of
          saham SEA menyetujui:                                              SEA approved the following:
          • Reklasifikasi terhadap seluruh saham SEA yang telah              • Reclassification of SEA’s issued shares into Series A
              diterbitkan menjadi saham Seri A dan saham Seri B,                shares and Series B shares, wherein Series A shares
              dimana saham Seri A dan saham Seri B adalah saham                 and Series B shares are ordinary shares;
              biasa;
          • Peningkatan modal ditempatkan dan disetor SEA dari               •   Increase of SEA's issued and fully paid capital from
              Rp5.000.000 yang terdiri dari 5.000 saham Seri A                   Rp5,000,000 which consists of 5,000 Series A shares to
              menjadi Rp17.500.000 dengan cara menerbitkan                       Rp17,500,000 by issued 2,500,000 Series B shares with
              2.500.000 saham Seri B masing-masing dengan nilai                  par value Rp5 per shares or amounted to
              nominal Rp5 atau sebesar Rp12.500.000 yang diambil                 Rp12,500,000 which fully taken by SES.
              bagian seluruhnya oleh SES.

          Setelah perubahan di atas, persentase kepemilikan SES              After the above changes, the ownership interest of SES in
          pada SEA menjadi 99,96%.                                           SEA become 99.96%.
Page 383
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                        Ekshibit E/8                                                               Exhibit E/8


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                               1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                    c. Subsidiaries’ Structure (Continued)

          Era Tech Communication Pte. Ltd. (“ETC”)                              Era Tech Communication Pte. Ltd. (“ETC”)

          Pada tanggal 18 Mei 2022, Perusahaan mendirikan ETC                   On 18 May 2022, the Company established ETC through
          melalui ERDI, dimana ERDI memiliki 100% kepemilikan                   ERDI, in which ERDI owned 100% ownership interests in
          pada ETC. Jumlah setoran modal yang dibayarkan oleh                   ETC. Total capital contribution paid by ERDI for the
          ERDI untuk pendirian ETC adalah sebesar $Sin1.000.000.                establishment of ETC is amounting to Sin$1,000,000.

          Pada tanggal 14 Desember 2022, Perusahaan telah                       On 14 December 2022, the Company has increased its
          melakukan peningkatan modal saham pada ETC melalui                    share capital in ETC through ERDI, from Sin$1,000,000
          ERDI dari $Sin1.000.000 menjadi sebesar $Sin2.500.000                 become to Sin$2,500,000 which is partially taken by ERDI
          yang diambil bagian oleh ERDI sebesar $Sin1.475.000 dan               amounted to Sin$1,475,000 and Tan Peng Herng Terence
          Tan Peng Herng Terence sebesar $Sin25.000.                            amounted to Sin$25,000.

          Setelah perubahan di atas, persentase kepemilikan                     After the above changes, the indirect ownership interest
          Perusahaan secara tidak langsung melalui ERDI pada ETC                Company’s through ERDI in ETC has become 99.00%.
          menjadi sebesar 99,00%.

          Pada tanggal 2 Juli 2024, Perusahaan melalui ERDI telah               On 2 July 2024, the Company through ERDI has acquired
          mengakuisisi saham ETC yang sebelumnya dimiliki oleh                  the shares of ETC previously owned by Tan Peng Herng
          Tan Peng Herng Terence sebesar $Sin25.000. Setelah                    Terence amounted to Sin$25,000. After the transaction,
          transaksi tersebut, ETC dimiliki secara tidak langsung oleh           ETC is indirectly owned by the Company through ERDI at
          Perusahaan melalui ERDI dengan kepemilikan sebesar                    100% ownership.
          100%.

          PT Era Aktif Indonesia (“EAI”)                                        PT Era Aktif Indonesia (“EAI”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn. No. 5,             Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 5,
          pada tanggal 23 Februari 2022, Perusahaan mendirikan EAI              on 23 February 2022, the Company established EAI
          melalui SES, dimana SES memiliki 98,04% kepemilikan                   through SES, in which SES owned 98.04% ownership
          pada EAI. Jumlah setoran modal yang dibayarkan oleh SES               interests in EAI. Total capital contribution paid by SES for
          untuk pendirian EAI adalah sebesar Rp50.000.                          the establishment of EAI is amounting to Rp50,000.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                  Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,              notarized by Notarial Deed No. 3 of Fandi Aryana, S.H.,
          No. 3 tertanggal 28 Desember 2022, para pemegang saham                M.Kn., dated on 28 December 2022, the shareholders of
          EAI menyetujui:                                                       EAI approved the following:
          • Peningkatan modal dasar dari Rp200.000 menjadi                      • Increase in share capital from Rp200,000 to become
              Rp5.000.000; dan                                                      Rp5,000,000; and
          • Peningkatan modal ditempatkan dan disetor penuh                     • Increase the issued and fully paid share capital from
              dari Rp51.000 menjadi Rp3.500.000 yang diambil                        Rp51,000 to Rp3,500,000 which was fully taken by
              bagian seluruhnya oleh SES.                                           SES.

          Setelah perubahan di atas, persentase kepemilikan SES                 After the above changes, the ownership interest of SES in
          pada EAI menjadi 99,97%.                                              EAI become 99.97%.
Page 384
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                         Ekshibit E/9                                                              Exhibit E/9


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                               1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                    c. Subsidiaries’ Structure (Continued)

          Venturistic Mobile Network Sdn. Bhd. (“VMN”)                          Venturistic Mobile Network Sdn. Bhd. (“VMN”)

          Pada tanggal 28 Februari 2022, Perusahaan melalui ERDI                On 28 February 2022, the Company through ERDI has
          mengakuisisi VMN dengan mengambil bagian atas                         acquired VMN by subscribing its 4,275,000 newly issued
          4.275.000 saham barunya atau setara dengan 95%                        shares or representing 95% share ownership in VMN. Upon
          kepemilikan pada VMN. Pada tanggal akuisisi, VMN                      the acquisition, VMN is a company with no operations,
          merupakan entitas tanpa operasi, dan jumlah imbalan                   and the consideration paid of MYR4,275,000 (or
          yang dialihkan sebesar RM4.275.000 (atau setara dengan                equivalents to Rp14,619,004) equals to the net assets
          Rp14.619.004) setara dengan aset neto yang diperoleh.                 acquired.

          Pada tanggal 19 Desember 2023, Perusahaan telah                       On 19 December 2023, the Company has increased its
          melakukan peningkatan modal saham pada VMN melalui                    share capital in VMN through ERDI, from MYR4,500,000
          ERDI dari RM4.500.000 menjadi sebesar RM20.000.000                    become to MYR20,000,000 which is fully taken by ERDI
          yang   diambil   sepenuhnya   oleh   ERDI  sebesar                    amounted to MYR15,500,000.
          RM15.500.000.

          Setelah perubahan di atas, persentase kepemilikan                     After the above changes, the indirect ownership interest
          Perusahaan secara tidak langsung melalui ERDI pada VMN                Company’s through ERDI in VMN has become 98.88%.
          menjadi sebesar 98,88%.

          PT Era Blu Elektronik (“EBE“)                                         PT Era Blu Elektronik (“EBE“)

          Berdasarkan Akta Notaris Raden Mas Dendy Soebangil,                   Based on Notarial Deed Raden Mas Dendy Soebangil, S.H.,
          S.H., M.Kn. No. 12, pada tanggal 29 Maret 2022,                       M.Kn. No. 12, on 29 March 2022, the Company through
          Perusahaan melalui PT Erafone Artha Retailindo (“EAR”)                PT Erafone Artha Retailindo (“EAR”) made a capital
          melakukan penambahan modal ke EBE sebesar                             increase to EBE amounting Rp220,225,000. After the
          Rp220.225.000. Setelah peningkatan modal tersebut,                    capital increase, percentage of EAR ownership in EBE has
          persentase kepemilikan EAR pada EBE menjadi 55%.                      become 55%. After the capital increase above, EBE has
          Setelah peningkatan modal di atas, EBE menjadi entitas                become a joint ventures (Note 11).
          ventura bersama (Catatan 11).

          Erajaya Digital Retail Pte. Ltd. (“ERDIRET”)                          Erajaya Digital Retail Pte. Ltd (“ERDIRET”)

          Pada tanggal 30 Mei 2022, Perusahaan telah melakukan                  On 30 May 2022, the Company has increased its share
          peningkatan modal saham pada ERDIRET melalui ERDI dari                capital in ERDIRET through ERDI, from Sin$6,000 become
          $Sin6.000 menjadi sebesar $Sin600.000. Peningkatan                    to Sin$600,000. The increase in share capital is
          modal saham tersebut diambil secara proporsional oleh                 proportionally taken by the shareholders of ERDIRET,
          para pemegang saham ERDIRET, sehingga persentase                      therefore, the percentage of ownership of each
          kepemilikan para pemegang saham ERDIRET tidak                         shareholders of ERDIRET did not change.
          berubah.

          Era Property Holding Pte. Ltd. (“EPH”)                                Era Property Holding Pte. Ltd. (“EPH”)

          Pada tanggal 19 Desember 2023, para pemegang saham                    On 19 December 2023, the shareholders of EPH approved
          EPH menyetujui peningkatan modal ditempatkan dan                      the increase in issued and fully paid share capital from
          disetor penuh dari $Sin11.500.000 yang terdiri dari                   Sin$11,500,000 which consist of 11,500,000 shares to
          11.500.000 saham menjadi $Sin11.525.000 yang terdiri                  become Sin$11,525,000 which consist of 11,525,000
          dari 11.525.000 saham. Peningkatan modal ditempatkan                  shares. The increase in issued and fully paid share capital
          dan disetor penuh tersebut diambil secara proporsional                is proportionately taken by the shareholders of EPH,
          oleh para pemegang saham EPH, sehingga presentase                     therefore, the percentage of ownership of each
          kepemilikan para pemegang saham EPH tidak berubah.                    shareholders of EPH did not change.
Page 385
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/10                                                             Exhibit E/10


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          Erajaya Digital Pte. Ltd. (“ERDI“)                                 Erajaya Digital Pte. Ltd. (“ERDI“)

          Selama tahun 2024 dan 2023, Perusahaan melalui EH telah            During 2024 and 2023, the Company through EH has made
          melakukan beberapa kali peningkatan modal sebagai                  several additional capital injections as follows:
          berikut:

                                                                Jumlah/Amount

          17 Juni 2022                                    $AS1.050.000/ US$1,050,000                                          17 June 2022

          12 September 2022                              $Sin600.000 dan $AS1.600.000/                                 12 September 2022
                                                          Sin$600,000 and US$1,600,000

          14 Desember 2022                                 $Sin100.000/ Sin$100,000                                     14 December 2022

          29 Desember 2022                               $Sin1.560.000/ Sin$1,560,000                                   29 December 2022

          22 Desember 2023                               $Sin4.590.000/ Sin$4,590,000                                   22 December 2023

          Era International Network Sdn. Bhd. (“EIM”)                        Era International Network Sdn. Bhd. (“EIM”)

          Pada tanggal 6 September 2022, Perusahaan melakukan                On 6 September 2022, the Company made a capital
          pengurangan modal sebesar RM2.205.000 dan ERDI                     reduction amounting to MYR2,205,000, and ERDI made a
          melakukan penambahan modal sebesar RM2.205.000,                    capital injection amounting to MYR2,205,000, so the
          sehingga persentase kepemilikan Perusahaan pada EIM                Company’s indirect ownership interests in EIM through
          secara tidak langsung melalui ERDI menjadi 95%.                    ERDI become 95%.

          ENB Mobile Malaysia Sdn. Bhd.                                      ENB Mobile Malaysia Sdn. Bhd.

          Pada tanggal 24 Oktober 2023, Perusahaan mendirikan                On 24 October 2023, the Company established ENB Mobile
          ENB Mobile Malaysia Sdn. Bhd. melalui CG, dimana CG                Malaysia Sdn. Bhd. through CG, in which CG owned 60%
          memiliki 60% kepemilikan pada ENB Mobile Malaysia Sdn.             ownership interests in ENB Mobile Malaysia Sdn. Bhd.
          Bhd. Jumlah setoran modal yang dibayarkan oleh CG                  Total capital contribution paid by CG for the
          untuk pendirian ENB Mobile Malaysia Sdn. Bhd. adalah               establishment of ENB Mobile Malaysia Sdn. Bhd. is
          sebesar RM60.                                                      amounting to MYR60.

          Eraspace Pte. Ltd.                                                 Eraspace Pte. Ltd.

          Pada tanggal 28 Desember 2022, EH dan Transworld                   On 28 December 2022, EH and Transworld Electronic
          Electronic Technology Limited ("Transworld") melakukan             Technology Limited ("Transworld") made another capital
          setoran modal ke Eraspace di mana EH berkontribusi                 contribution to Eraspace where EH contributes Sin$32,500
          sebesar $Sin32.500 dan $AS754.000, dan Transworld                  and US$754,000 and Transworld contributes Sin$17,500
          berkontribusi sebesar $Sin17.500 dan $AS406.000. Setelah           and US$406,000. After the share increase, EH ownership
          peningkatan modal tersebut, persentase kepemilikan EH              in Eraspace remains at 65%.
          pada Eraspace tetap sebesar 65%.

          Pada tanggal 22 Desember 2023, EH dan Transworld                   On 22 December 2023, EH and Transworld Electronic
          Electronic Technology Limited ("Transworld") melakukan             Technology Limited ("Transworld") made another capital
          setoran modal ke Eraspace di mana EH berkontribusi                 contribution to Eraspace where EH contributes Sin$65,000
          sebesar $Sin65.000 dan Transworld berkontribusi sebesar            and Transworld contributes Sin$35,000. After the share
          $Sin35.000. Setelah peningkatan modal tersebut,                    increase, EH ownership in Eraspace remains at 65%.
          persentase kepemilikan EH pada Eraspace tetap sebesar
          65%.
Page 386
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/11                                                             Exhibit E/11


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          PT Nusa Gemilang Abadi (“NGA”)                                     PT Nusa Gemilang Abadi (“NGA”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,              notarized by Notarial Deed No. 59 of Jose Dima Satria,
          M.Kn., No. 59 tertanggal 10 Juni 2022, para pemegang               S.H., M.Kn., dated on 10 June 2022, the shareholders of
          saham NGA menyetujui:                                              NGA approved the following:
           Reklasifikasi terhadap seluruh saham NGA telah                    Reclassification of NGA’s issued shares into Series A
              diterbitkan menjadi saham Seri A, saham Seri B,                    shares, Series B shares, Series C shares and Series D
              saham Seri C dan saham Seri D, dimana saham Seri A                 shares, wherein Series A shares and Series C shares
              dan saham Seri C adalah saham biasa, sedangkan                     are ordinary shares, while Series B shares and Series
              saham Seri B dan saham Seri D adalah saham tanpa hak               D shares are shares without voting rights and
              suara dan dapat ditarik kembali;                                   withdrawable;
           Reklasifikasi 1.980 saham Seri A milik Perusahaan                 Reclassification of 1,980 Series A shares owned by the
              menjadi saham Seri D;                                              Company become Series D shares;
           Modal dasar sejumlah Rp250.000.000 terbagi atas 22                Share capital amounting Rp250,000,000 is consist of
              lembar saham Seri A dengan nominal Rp1.000 per                     22 Series A shares at par value of Rp1,000 per share,
              lembar saham, 78.000.000 lembar saham Seri B                       78,000,000 Series B shares at par value of Rp1,
              dengan nominal Rp1, 70.832.500 lembar saham Seri C                 70,832,500 Series C shares at par value Rp2.4, and
              dengan nominal Rp2,4 dan 1.980 lembar saham Seri D                 1,980 Series D shares at par value of Rp1,000.
              dengan nominal Rp1.000.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,              notarized by Notarial Deed No. 123 of Jose Dima Satria,
          M.Kn., No. 123 tertanggal 21 Juni 2022, yang telah                 S.H., M.Kn., dated on 21 June 2022, that has been
          diterima oleh Kementerian Hukum dan Hak Asasi Manusia              acknowledged by the Ministry of Law and Human Rights
          Republik     Indonesia    berdasarkan   Surat     No.              of the Republic of Indonesia in its Letter No.
          AHU-AH.01.03-0281602 tertanggal 22 Agustus 2022, para              AHU-AH.01.03-0281602 dated on 22 August 2022, the
          pemegang saham NGA menyetujui:                                     shareholders of NGA approved the following:

             Pengurangan modal ditempatkan dan disetor NGA dari                Reduction of NGA's issued and fully paid capital from
              Rp159.980.000 menjadi Rp80.000.000 dengan cara                     Rp159,980,000 to Rp80,000,000 by withdrawing all
              menarik kembali seluruh saham Seri B dan Seri D yang               Series B and Series D shares that have been issued by
              telah diterbitkan NGA dan oleh karenanya; seluruh                  NGA and accordingly; 78,000,000 Series B shares and
              78.000.000 lembar saham Seri B dan 1.980 saham Seri                1,980 Series D shares owned by the Company were
              D milik Perusahaan ditarik kembali oleh NGA;                       withdrawn by NGA;
             Menyetujui pengurangan modal dasar NGA dari                       Agreed to reduce the authorized share capital of NGA
              Rp250.000.000 menjadi Rp170.020.000 yang terbagi                   from Rp250,000,000 to Rp170,020,000 consist of 22
              atas 22 lembar saham Seri A dengan nominal Rp1.000                 Series A shares at par value of Rp1,000 and 70,832,500
              per lembar saham dan 70.832.500 lembar saham Seri                  Series C shares at par value Rp2.4.
              C dengan nominal Rp2,4.

          Setelah perubahan di atas, persentase kepemilikan EPI,             After the above changes, the ownership interest of EPI,
          entitas anak, pada NGA adalah sebesar 99,99%.                      subsidiary, in NGA become 99.99%.
Page 387
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/12                                                             Exhibit E/12


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Data Citra Mandiri (“DCM”)                                       PT Data Citra Mandiri (“DCM”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,               notarized by Notarial Deed No. 60 of Jose Dima Satria,
          M.Kn., No. 60 tertanggal 10 Juni 2022, para pemegang                S.H., M.Kn., dated on 10 June 2022, the shareholders of
          saham DCM menyetujui:                                               DCM approved the following:
           Reklasifikasi seluruh saham DCM menjadi saham Seri A               Reclassification of all DCM’s shares into Series A
              dan Seri B dimana saham Seri A memiliki hak suara dan               shares and Series B shares, whereby Series A shares
              saham Seri B adalah saham tanpa hak suara dan dapat                 have voting rights and Series B shares are shares
              ditarik kembali;                                                    without voting rights and withdrawable;
           Reklasifikasi 239.980 saham milik EAR menjadi saham                Reclassification of 239,980 shares owned by EAR
              Seri A; dan                                                         become Series A shares; and
           Reklasifikasi 20 saham milik Budiarto Halim dan                    Reclassification of 20 shares owned by Budiarto Halim
              119.980 saham milik Perusahaan menjadi saham                        and 119,980 shares owned by the Company become
              Seri B.                                                             Series B shares.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,               notarized by Notarial Deed No. 122 of Jose Dima Satria,
          M.Kn., No. 122 tertanggal 21 Juni 2022, yang telah                  S.H., M.Kn., dated on 21 June 2022, that has been
          diterima oleh Kementerian Hukum dan Hak Asasi Manusia               acknowledged by the Ministry of Law and Human Rights
          Republik Indonesia berdasarkan Surat No. AHU-AH.01.03               of the Republic of Indonesia in its Letter No. AHU-
          0281588 tertanggal 22 Agustus 2022, para pemegang                   AH.01.03-0281588 dated on 22 August 2022, the
          saham DCM menyetujui:                                               shareholders of DCM approved the following:
           Pengurangan modal ditempatkan dan disetor DCM dari                 Reduction of DCM's issued and fully paid capital from
              Rp359.980.000 menjadi Rp240.000.000 dengan cara                     Rp359,980,000 to Rp240,000,000 by withdrawing all
              menarik kembali seluruh saham Seri B yang telah                     Series B shares that have been issued by DCM and
              diterbitkan DCM dan oleh karenanya; seluruh 119.980                 accordingly; 119,980 Series B shares owned by the
              lembar saham Seri B milik Perusahaan ditarik kembali                Company were withdrawn by DCM;
              oleh DCM;
           Menyetujui pengurangan modal dasar DCM dari                          Agreed to reduce the authorized share capital of DCM
              Rp360.000.000 menjadi Rp240.020.000 yang terbagi                    from Rp360,000,000 to Rp240,020,000 consist of
              atas 240.020 lembar saham Seri A dengan nominal                     240,020 Series A shares at par value of Rp1,000.
              Rp1.000 per lembar.

          Setelah perubahan di atas, persentase kepemilikan EAR,              After the above changes, the ownership interest of EAR,
          entitas anak, pada DCM adalah sebesar 99,99%.                       subsidiary, in DCM become 99.99%.

          PT Teletama Artha Mandiri (“TAM”)                                   PT Teletama Artha Mandiri (“TAM”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,               notarized by Notarial Deed No. 61 of Jose Dima Satria,
          M.Kn., No. 61 tertanggal 10 Juni 2022, para pemegang                S.H., M.Kn., dated on 10 June 2022, the shareholders of
          saham TAM menyetujui:                                               TAM approved the following:
           Menyetujui reklasifikasi terhadap seluruh saham yang               Reclassification of all issued shares into Series A
              telah diterbitkan menjadi saham Seri A, saham Seri B,               shares, Series B shares, Series C shares and Series D
              saham Seri C dan saham Seri D, dimana saham Seri A                  shares, wherein Series A shares and Series C shares
              dan saham Seri C adalah saham biasa, sedangkan                      are ordinary shares, while Series B shares and Series
              saham Seri B dan saham Seri D adalah saham tanpa hak                D shares are shares without voting rights and
              suara dan dapat ditarik kembali;                                    withdrawable;
           Menyetujui reklasifikasi 1.999 saham Seri A milik                  Approve reclassification of 1,999 Series A shares
              Perusahaan menjadi saham Seri D;                                    owned by the Company become Series D shares;
           Modal dasar sejumlah Rp808.000.000 terbagi atas 1                  Share capital amounting Rp808,000,000 is consist of 1
              lembar saham Seri A dengan nominal Rp1.000 per                      Series A shares at par value of Rp1,000, 200,000,000
              lembar saham, 200.000.000 lembar saham Seri B                       Series B shares at par value of Rp1, 252,500,000 Series
              dengan nominal Rp1, 252.500.000 lembar saham Seri                   C shares at par value Rp2.4, and 1,999 Series D shares
              C dengan nominal Rp2,4 dan 1.999 lembar saham Seri                  at par value of Rp1,000.
              D dengan nominal Rp1.000.
Page 388
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/13                                                             Exhibit E/13


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Teletama Artha Mandiri (“TAM”) (Lanjutan)                        PT Teletama Artha Mandiri (“TAM”) (Continued)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Jose Dima Satria, S.H.,               notarized by Notarial Deed No. 121 of Jose Dima Satria,
          M.Kn., No. 121 tertanggal 21 Juni 2022, yang telah                  S.H., M.Kn., dated on 21 June 2022, that has been
          diterima oleh Kementerian Hukum dan Hak Asasi Manusia               acknowledged by the Ministry of Law and Human Rights
          Republik      Indonesia    berdasarkan      Surat    No.            of the Republic of Indonesia in its Letter No.
          AHU-0059412.AH.01.02 Tahun 2022 tertanggal 22 Agustus               AHU-0059412.AH.01.02 Year 2022 dated on 22 August
          2022, para pemegang saham TAM menyetujui:                           2022, the shareholders of TAM approved the following:
           Pengurangan modal ditempatkan dan disetor TAM dari                 Reduction of TAM's issued and fully paid capital from
              Rp404.200.000 menjadi Rp202.201.000 dengan cara                     Rp404,200,000 to Rp202,201,000 by withdrawing all
              menarik kembali seluruh saham Seri B dan Seri D yang                Series B and Series D shares that have been issued by
              telah diterbitkan TAM dan oleh karenanya, seluruh                   TAM and accordingly, 200,000,000 Series B shares and
              200.000.000 lembar saham Seri B dan 1.999 saham Seri                1,999 Series D shares owned by the Company were
              D milik Perusahaan ditarik kembali oleh TAM;                        withdrawn by TAM;
           Menyetujui pengurangan modal dasar TAM dari                        Agreed to reduce the authorized share capital of TAM
              Rp808.000.000 menjadi Rp606.001.000 yang terbagi                    from Rp808,000,000 to Rp606,001,000 consist of 1
              atas 1 lembar saham Seri A dengan nominal Rp1.000                   Series A shares at par value of Rp1,000 and
              per lembar saham dan 252.500.000 lembar saham Seri                  252,500,000 Series C shares at par value Rp2.4.
              C dengan nominal Rp2,4.

          Setelah perubahan di atas, persentase kepemilikan EAR,              After the above changes, the ownership interest of EAR,
          entitas anak, pada TAM adalah sebesar 99,99%.                       subsidiary, in TAM become 99.99%.

          PT Era Boga Patiserindo (“EBP”)                                     PT Era Boga Patiserindo (“EBP”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Petty Fatimah, S.H.,                  notarized by Notarial Deed No. 04 of Petty Fatimah, S.H.,
          M.Hum., M.Kn., No. 04 tertanggal 10 Juni 2022, para                 M.Hum., M.Kn., dated on 10 June 2022, the shareholders
          pemegang saham EBP menyetujui peningkatan modal                     of EBP approved the increase in issued and fully paid
          ditempatkan dan disetor penuh dari Rp66.000.000 yang                share capital from Rp66,000,000 which consist of 66,000
          terdiri dari 66.000 saham menjadi Rp116.000.000 yang                shares to become Rp116,000,000 which consist of 116,000
          terdiri dari 116.000 saham.                                         shares.

          Peningkatan modal ditempatkan dan disetor penuh                     The increase in issued and fully paid share capital is
          diambil   proporsional   oleh  Perusahaan,   sebesar                proporsionately taken by the Company, amounting to
          Rp35.000.000 yang terdiri 35.000 saham, sehingga                    Rp35,000,000 which consist of 35,000 shares, therefore,
          presentase kepemilikan para pemegang saham EBP tidak                the percentage of ownership of each shareholders of EBP
          berubah.                                                            did not change.

          PT Era Sukses Abadi (“ESA”)                                         PT Era Sukses Abadi (“ESA”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Muthia Nurani, S.H., M.Kn.,           notarized by Notarial Deed No. 10 of Muthia Nurani, S.H.,
          No. 10 tertanggal 29 Desember 2022, para pemegang                   M.Kn., dated on 29 December 2022, the shareholders of
          saham ESA menyetujui peningkatan modal ditempatkan                  ESA approved the increase in issued and fully paid share
          dan disetor penuh dari Rp348.350.000 yang terdiri dari              capital from Rp348,350,000 which consist of 348,350
          348.350 saham menjadi Rp364.250.000 yang terdiri dari               shares to become Rp364,250,000 which consist of 364,250
          364.250 saham.                                                      shares.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Muthia Nurani, S.H., M.Kn.,           notarized by Notarial Deed No. 7 of Muthia Nurani, S.H.,
          No. 7 tertanggal 21 Desember 2023, para pemegang saham              M.Kn., dated on 21 December 2023, the shareholders of
          ESA menyetujui peningkatan modal ditempatkan dan                    ESA approved the increase in issued and fully paid share
          disetor penuh dari Rp364.250.000 yang terdiri dari                  capital from Rp364,250,000 which consist of 364,250
          364.250 saham menjadi Rp399.500.000 yang terdiri dari               shares to become Rp399,500,000 which consist of 399,500
          399.500 saham.                                                      shares.
Page 389
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                        Ekshibit E/14                                                            Exhibit E/14


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                               1.   G E N E R A L (Continued)
       c. Susunan Entitas Anak (Lanjutan)                                    c. Subsidiaries’ Structure (Continued)

          PT Era Sukses Abadi (“ESA”) (Lanjutan)                                PT Era Sukses Abadi (“ESA”) (Continued)
          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                  Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,              notarized by Notarial Deed No. 4 of Fandi Aryana, S.H.,
          No. 4 tertanggal 23 Agustus 2024, para pemegang saham                 M.Kn., dated on 23 August 2024 the shareholders of ESA
          ESA menyetujui pengalihan seluruh kepemilikan saham                   approved the transfer of all shares ownership from EAR
          atas nama EAR sebanyak 95.844 lembar saham, DCM                       amounted to 95,844 shares, DCM amounted to 31,185
          sebanyak 31.185 lembar saham dan TAM sebanyak 84.979                  shares and TAM amounted 84,979 shares to the Company.
          lembar saham kepada Perusahaan. Setelah perubahan di                  After the above changes, the ownership interest of the
          atas, persentase kepemilikan Perusahaan pada ESA adalah               Company in ESA become 99.99%.
          sebesar 99,99%.
          Erajaya Holding Pte. Ltd. (“EH”)                                      Erajaya Holding Pte. Ltd. (“EH”)
          Pada tanggal 17 Juni 2022, Perusahaan telah melakukan                 On 17 June 2022, the Company has increased its share
          peningkatan modal saham pada EH dengan jumlah setoran                 capital in EH with total capital contribution of
          modal sebesar AS$1.050.000.                                           US$1,050,000.
          Pada tanggal 12 September 2022, Perusahaan telah                      On 12 September 2022, the Company has increased its
          melakukan peningkatan modal saham pada EH dengan                      share capital in EH with total capital contribution of
          jumlah setoran modal sebesar AS$1.600.000 dan                         US$1,600,000 and Sin$600,000.
          $Sin600.000.
          Pada tanggal 29 Desember 2022, Perusahaan telah                       On 29 December 2022, the Company has increased its
          melakukan peningkatan modal saham pada EH dengan                      share capital in EH with total capital contribution of
          jumlah setoran modal sebesar AS$255.000 dan                           US$255,000 and Sin$1,560,000.
          $Sin1.560.000.
          Pada tanggal 22 Desember 2023, Perusahaan telah                       On 22 December 2023, the Company has increased its
          melakukan peningkatan modal saham pada EH dengan                      share capital in EH with total capital contribution of
          jumlah setoran modal sebesar $Sin4.590.000.                           Sin$4,590,000.
          CG Computers Sdn. Bhd. (“CG”)                                         CG Computers Sdn. Bhd. (“CG”)
          Pada tanggal 14 April 2022, Perusahaan telah melakukan                On 14 April 2022, the Company has increased its share
          peningkatan modal saham pada CG melalui ERDI sebesar                  capital in CG through ERDI amounted to MYR6,600,000,
          RM6.600.000,     sehingga     persentase    kepemilikan               respectively. Accordingly, the Company’s ownership in CG
          Perusahaan pada CG melalui EH, ERDI, dan EAR menjadi                  through EH, ERDI, and EAR become 75%.
          75%.
          Pada tanggal 4 Oktober 2022, CG telah melakukan                       On 4 October 2022, CG has redeemed its share capital in
          pengembalian modal kepada EAR dan EH masing-masing                    CG to EAR and EH amounted to MYR5,390,000 and
          sebesar RM5.390.000 dan RM1.210.000, sehingga                         MYR1,210,000. Accordingly, the Company’s ownership in
          persentase kepemilikan Perusahaan pada CG melalui ERDI                CG through ERDI has become 60%.
          menjadi 60%.

          Era International Network Pte. Ltd. (“EIS”)                           Era International Network Pte. Ltd. (“EIS”)

          Pada tanggal 29 Desember 2022, ERDI mengakuisisi saham                On 29 December 2022, Erajaya Digital Pte. Ltd. has
          EIS yang sebelumnya dimiliki oleh Perusahaan dengan                   acquired the shares of EIS previously owned by the
          jumlah $Sin950.000. Setelah transaksi tersebut, EIS                   Company amounted to Sin$950,000. After the
          dimiliki secara tidak langsung oleh Perusahaan melalui                transaction, EIS is indirectly owned by the Company
          ERDI dengan kepemilikan sebesar 95%.                                  through ERDI at 95% ownership.
Page 390
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/15                                                             Exhibit E/15


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Era Aktif Distribusi (“EAD”)                                     PT Era Aktif Distribusi (“EAD”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn. No. 5,           Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 5,
          pada tanggal 27 Januari 2023, Perusahaan mendirikan MSL             on 27 January 2023, the Company established MSL
          melalui SES, dimana SES memiliki 98,04% kepemilikan                 through SES, in which SES owned 98.04% ownership
          pada MSL.                                                           interests in MSL.

          Modal yang disetorkan oleh SES adalah sebesar Rp50.000,             The capital contribution made by the SES amounted to
          sedangkan setoran modal dari kepentingan nonpengendali              Rp50,000, while the capital contribution from the non-
          adalah sebesar Rp1.000.                                             controlling interests is amounted to Rp1,000.

          Anggaran Dasar MSL telah mengalami perubahan dengan                 MSL’s Articles of Association has been amended by
          Akta Notaris Fandi Aryana, S.H., M.Kn. No. 4 tanggal                Notarial Deed No. 4 of Fandi Aryana, S.H., M.Kn., dated
          6 April 2023 mengenai peningkatan modal ditempatkan                 6 April 2023, pertaining to the change of MSL’s issued and
          dan disetor penuh, dimana modal yang disetorkan oleh                fully paid share capital, whereas the capital contribution
          SES menjadi sebesar Rp99.000 yang terdiri dari 50 saham             made by SES become amounted Rp99,000 which consists
          Seri A dengan nominal Rp1.000 dan 9.800 saham Seri B                of 50 Series A shares at par value of Rp1,000 and 9,800
          dengan nominal Rp5 sedangkan setoran modal dari                     Series B shares at par value of Rp5, while the capital
          kepentingan nonpengendali tetap sebesar Rp1.000 yang                contribution from the non-controlling interests is
          terdiri dari 1 saham Seri A dengan nominal Rp1.000.                 amounted to Rp1,000 which consists of 1 Series A share at
                                                                              par value of Rp1,000.

          Setelah perubahan di atas, persentase kepemilikan SES               After the above changes, the ownership interest of SES in
          pada MSL adalah sebesar 99,99%.                                     MSL become 99.99%.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 2 of Fandi Aryana, S.H.,
          no 2 tertanggal 23 Januari 2024, para pemegang saham                M.Kn., dated on 23 January 2024, the shareholders of
          PT Master Selam Nusantara (“MSL”) menyetujui                        PT Master Selam Nusantara (“MSL”) approved the change
          perubahan nama MSL menjadi PT Era Aktif Distribusi                  of company name of MSL to PT Era Aktif Distribusi
          (“EAD”).                                                            (“EAD”).

          PT Sinar Eka Selaras Tbk (“SES”)                                    PT Sinar Eka Selaras Tbk (“SES”)

          Berdasarkan Pernyataan Keputusan Rapat Umum                         Based on the Statement of Shareholders’ Annual General
          Pemegang Saham Tahunan yang diaktakan dengan Akta                   Meeting Decision which was notarized by Notarial Deed
          Notaris R. M. Dendy Soebangil, S.H., M.Kn., No. 03                  No. 03 of R. M. Dendy Soebangil, S.H., M.Kn., dated on
          tertanggal 12 Juni 2024, para pemegang saham SES                    12 June 2024, SES’s shareholders approved the
          menyetujui penetapan penggunaan laba tahun buku 2023                appropriation of 2023 profit as follows:
          sebagai berikut:
           Sebesar Rp51.875.000 atau sebesar Rp10 (angka                        Rp51,875,000 or Rp10 (full amount) per share will be
              penuh) per saham akan dibagikan sebagai dividen                     distributed as dividend to shareholders; and
              kepada pemegang saham; dan
           Sebesar Rp500.000 akan dibukukan sebagai cadangan                    Rp500,000 will be recorded as general reserves.
              umum.
Page 391
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                        Ekshibit E/16                                                            Exhibit E/16


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                               1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                    c. Subsidiaries’ Structure (Continued)

          PT Sinar Eka Selaras Tbk (“SES”) (Lanjutan)                           PT Sinar Eka Selaras Tbk (“SES”) (Continued)

          Berdasarkan Berita Acara Rapat Umum Pemegang Saham                    Based on the Minutes of Extraordinary Shareholders’
          Luar Biasa (RUPSLB) yang disahkan dengan Akta Notaris                 General Meeting (RUPSLB) which was notarized by
          Sugih Haryati, SH., M.Kn., No. 37 tanggal 10 Maret 2023,              Notarial Deed No. 37 of Sugih Haryati, SH., M.Kn., dated
          para pemegang saham SES menyetujui:                                   10 March 2023, the shareholders’ of the SES approved:
           Penerbitan saham dalam portepel SES untuk                            Issuance of shares in SES's portfolio to be offered to
              ditawarkan kepada masyarakat melalui Penawaran                       the public through a Public Offering of a maximum of
              Umum sebanyak-banyaknya 1.037.500.000 (satu miliar                   1,037,500,000 (one billion thirty seven million five
              tiga puluh tujuh juta lima ratus ribu) saham baru yang               hundred thousand) new shares representing a
              mewakili sebanyak-banyaknya 20% (dua puluh persen)                   maximum of 20% (twenty percent) of the total issued
              dari jumlah modal yang ditempatkan dan dibayar oleh                  capital and paid by SES after the Public Offering.
              SES setelah Penawaran Umum.
           Memberikan program Share Allocation kepada                             Providing a Share Allocation program to Employees
              Karyawan (Employee Stock Allocation) dengan alokasi                   (Employee Stock Allocation) with a maximum
              maksimal 31.125.000 (tiga puluh satu juta seratus dua                 allocation of 31,125,000 (thirty one million one
              puluh lima ribu) saham atau maksimal 3% (tiga persen)                 hundred twenty five thousand) shares or a maximum
              dari seluruh saham baru yang akan ditawarkan/dijual                   of 3% (three percent) of all new shares to be
              kepada masyarakat melalui Penawaran Umum.                             offered/sold to the public through a Public Offering.
           Perubahan struktur permodalan, susunan Dewan                           Changes in the capital structure, composition of SES’s
              Komisaris dan Direksi SES sesuai dengan hasil                         Boards of Commissioners and Directors in accordance
              Penawaran Umum.                                                       with the results of the Public Offering.

          Pada tanggal 31 Juli 2023, SES memperoleh pernyataan                  On 31 July 2023, SES received the effective statement
          efektif dari Ketua Otoritas Jasa Keuangan (“OJK”) dalam               from the Chairman of Financial Services Authority
          suratnya No. S-202/D.04/2023 untuk melakukan                          (“OJK”) in its letter No. S-202/D.04/2023 to offer its
          penawaran umum perdana sebanyak 1.037.500.000 saham                   1,037,500,000 shares to public with par value of Rp100
          dengan nilai nominal Rp100 (angka penuh) per saham                    (full amount) per share through the Indonesia Stock
          kepada masyarakat melalui Bursa Efek Indonesia dengan                 Exchange at an initial offering price of Rp390 (full
          harga penawaran perdana sebesar Rp390 (angka penuh)                   amount) per share. On 8 August 2023, SES has listed all
          per saham. Pada tanggal 8 Agustus 2023, SES telah                     its   issued   and    fully  paid    shares   on   the
          mencatatkan seluruh saham dari modal ditempatkan dan                  Indonesia Stock Exchange.
          disetor penuh di Bursa Efek Indonesia.

          Setelah perubahan di atas, persentase kepemilikan                     After the above changes, the ownership interest of the
          Perusahaan pada SES menjadi sebesar 80,00%.                           Company in SES become 80.00%.

          Selisih antara nilai wajar imbalan yang dialihkan dengan              The difference between the fair value of consideration
          jumlah kepentingan nonpengendali yang disesuaikan                     transferred and the amount by which the non-controlling
          akibat perubahan kepemilikan di atas sebesar                          interests are adjusted resulting from the above changes
          Rp106.294.212 dicatat sebagai bagian dari “Selisih                    in ownership amounted to Rp106,294,212 is recorded as
          Transaksi dengan Pihak Nonpengendali” dalam laporan                   part of “Difference in Value from Transactions with Non-
          posisi keuangan konsolidasian pada tanggal 31 Desember                controlling Interests” in the consolidated statement of
          2024.                                                                 financial position as of 31 December 2024.

          PT Era Kopi Anda (“EKA”)                                              PT Era Kopi Anda (“EKA”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn. No. 1,             Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 1,
          pada tanggal 3 Februari 2023, Perusahaan mendirikan EKA               on 3 February 2023, the Company established EKA
          melalui EBN, dimana EBN memiliki 99,80% kepemilikan                   through EBN, in which EBN owned 99.80% ownership
          pada EKA.                                                             interests in EKA.

          Modal yang disetorkan oleh EBN adalah sebesar                         The capital contribution made by the EBN amounted to
          Rp499.000, sedangkan setoran modal dari kepentingan                   Rp499,000, while the capital contribution from the non-
          nonpengendali adalah sebesar Rp1.000.                                 controlling interests is amounted to Rp1,000.
Page 392
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/17                                                             Exhibit E/17


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Era Kopi Anda (“EKA”) (Lanjutan)                                 PT Era Kopi Anda (“EKA”) (Continued)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.             notarized by Notarial Deed Fandi Aryana, S.H., M.Kn.
          No. 9, tertanggal 14 Maret 2023, para pemegang saham                No. 9, dated on 14 March 2023, the shareholders of EKA
          EKA menyetujui peningkatan modal ditempatkan dan                    approved the increase in issued and fully paid share
          disetor penuh dari Rp500.000 yang terdiri dari 500 saham            capital from Rp500,000 which consist of 500 shares to
          menjadi Rp750.000 yang terdiri dari 750 saham.                      become Rp750,000 which consist of 750 shares.

          Peningkatan modal ditempatkan dan disetor penuh                     The increase in issued and fully paid share capital is
          diambil proporsional oleh EBN, sebesar Rp26.000 yang                proporsionately taken by the EBN, amounting to Rp26,000
          terdiri 26 saham, sehingga presentase kepemilikan EBN               which consist of 26 shares, therefore, the percentage of
          pada EKA menjadi sebesar 70,00%.                                    ownership of EBN in EKA become 70.00%.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 8 of Fandi Aryana, S.H.,
          No. 8 tertanggal 22 Desember 2023, para pemegang saham              M.Kn., dated on 22 December 2023, the shareholders of
          EKA menyetujui:                                                     EKA approved the following:
           Peningkatan modal dasar dari Rp2.000.000 menjadi                   Increase in share capital from Rp2,000,000 to become
              Rp190.000.000; dan                                                 Rp190,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp750.000 menjadi Rp47.500.000 yang diambil                   Rp750,000 to Rp47,500,000 which was partially taken
              sebagian oleh EBN.                                                 by EBN.

          Setelah peningkatan saham tersebut, tidak ada perubahan             After the increase in share, there is no change in EBN’s
          kepemilikan EBN pada EKA.                                           ownership in EKA.

          PT Era Gaya Distribusi (“EGD”)                                      PT Era Gaya Distribusi (“EGD”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn.                  Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 03,
          No. 03, pada tanggal 18 Oktober 2023, Perusahaan                    on 18 October 2023, the Company established EGD
          mendirikan EGD melalui SES, dimana SES memiliki 99,90%              through SES, in which SES owned 99.90% ownership
          kepemilikan pada EGD.                                               interests in EGD.

          Modal yang disetorkan oleh SES adalah sebesar Rp99.900,             The capital contribution made by the SES amounted to
          sedangkan setoran modal dari kepentingan nonpengendali              Rp99,900, while the capital contribution from the non-
          adalah sebesar Rp100.                                               controlling interests is amounted to Rp100.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 6 of Fandi Aryana, S.H.,
          No. 6 tertanggal 22 Desember 2023, para pemegang saham              M.Kn., dated on 22 December 2023, the shareholders of
          EGD menyetujui:                                                     EGD approved the following:
           Peningkatan modal dasar dari Rp150.000 menjadi                     Increase in share capital from Rp150,000 to become
              Rp7.900.000; dan                                                   Rp7,900,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp100.000 menjadi Rp2.100.000 yang diambil                    Rp100,000 to Rp2,100,000 which was fully taken by
              bagian seluruhnya oleh SES.                                        SES.

          Setelah perubahan di atas, persentase kepemilikan SES               After the above changes, the ownership interest of SES in
          pada EGD adalah sebesar 99,99%.                                     EGD become 99.99%.

          PT Era Gaya Indonesia (“EGI”)                                       PT Era Gaya Indonesia (“EGI”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn. No. 8,           Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 8,
          pada tanggal 9 Mei 2023, Perusahaan mendirikan EGI                  on 9 May 2023, the Company established EGI through SES,
          melalui SES, dimana SES memiliki 99,91% kepemilikan                 in which SES owned 99.91% ownership interests in EGI.
          pada EGI.
Page 393
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/18                                                             Exhibit E/18


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Era Gaya Indonesia (“EGI”) (Lanjutan)                            PT Era Gaya Indonesia (“EGI”) (Continued)

          Modal yang disetorkan oleh SES adalah sebesar Rp54.950,             The capital contribution made by the SES amounted to
          sedangkan setoran modal dari kepentingan nonpengendali              Rp54,950, while the capital contribution from the non-
          adalah sebesar Rp50.                                                controlling interests is amounted to Rp50.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Muthia Nurani, S.H., M.Kn.,           notarized by Notarial Deed No. 8 of Muthia Nurani, S.H.,
          No. 8 tertanggal 21 Desember 2023, para pemegang saham              M.Kn., dated on 21 December 2023, the shareholders of
          EGI menyetujui:                                                     EGI approved the following:
           Peningkatan modal dasar dari Rp200.000 menjadi                     Increase in share capital from Rp200,000 to become
              Rp40.000.000; dan                                                   Rp40,00,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp55.000 menjadi Rp11.700.000 yang diambil                     Rp55,000 to Rp11,700,000 which was fully taken by
              bagian seluruhnya oleh SES.                                         SES.

          Setelah perubahan di atas, persentase kepemilikan SES               After the above changes, the ownership interest of SES in
          pada EGI adalah sebesar 99,99%.                                     EGI become 99.99%.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 3 of Fandi Aryana, S.H.,
          No. 3 tertanggal 20 Desember 2024, para pemegang saham              M.Kn., dated on 20 December 2024, the shareholders of
          EGI menyetujui:                                                     EGI approved the following:
           Peningkatan modal dasar dari Rp40.000.000 menjadi                  Increase in share capital from Rp40,000,000 to
              Rp150.000.000; dan                                                 become Rp150,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp11.700.000 menjadi Rp145.800.000 yang                       Rp11,700,000 to Rp145,800,000 which was fully taken
              diambil bagian seluruhnya oleh SES.                                by SES.

          Tidak ada perubahan kepemilikan SES pada EGI setelah                There is no change in the ownership interest of SES in EGI
          perubahan di atas.                                                  after the above changes.

          PT Era Maju Terus (“EMT”)                                           PT Era Maju Terus (“EMT”)

          Berdasarkan Akta Notaris Fandy Aryana, S.H., M.Kn.                  Based on Notarial Deed Fandy Aryana, S.H., M.Kn. No. 06,
          No. 06, pada tanggal 27 Oktober 2023, Perusahaan                    on 27 October 2023, the Company established EMT
          mendirikan EMT melalui EKA, dimana EKA memiliki 99,90%              through EKA, in which EKA owned 99.90% ownership
          kepemilikan pada EMT.                                               interests in EMT.

          Modal yang disetorkan oleh EKA adalah sebesar Rp54.945,             The capital contribution made by the EKA amounted to
          sedangkan setoran modal dari kepentingan nonpengendali              Rp54,945, while the capital contribution from the non-
          adalah sebesar Rp55.                                                controlling interests is amounted to Rp55.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Sugih Haryati, S.H., M.Kn.,           notarized by Notarial Deed No. 85 of Sugih Haryati, S.H.,
          No. 85 tertanggal 23 Desember 2024, para pemegang                   M.Kn., dated on 23 December 2024, the shareholders of
          saham EMT menyetujui:                                               EMT approved the following:
           Peningkatan modal dasar dari Rp220.000 menjadi                     Increase in share capital from Rp220,000 to become
              Rp5.805.030; dan                                                   Rp5,805,030; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp55.000 menjadi Rp5.805.030 yang diambil                     Rp55,000 to Rp5,805,030 which was fully taken by SES.
              bagian seluruhnya oleh SES.

          Setelah perubahan di atas, persentase kepemilikan EKA               After the above changes, the ownership interest of EKA
          pada EMT adalah sebesar 99,99%.                                     in EMT become 99.99%.
Page 394
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/19                                                             Exhibit E/19


                   PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                 31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                            1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                 c. Subsidiaries’ Structure (Continued)

          PT Mitra Belanja Halal (“MBH”)                                     PT Mitra Belanja Halal (“MBH”)

          Berdasarkan Akta Notaris Petty Fatimah, S.H., M.Hum.,              Based on Notarial Deed Petty Fatimah, S.H., M.Hum.,
          M.Kn. No. 25, pada tanggal 30 Mei 2023, Perusahaan                 M.Kn. No. 25, on 30 May 2023, the Company established
          mendirikan MBH melalui MBA, di mana MBA memiliki                   MBH through MBA, in which MBA owned 90.00% ownership
          90,00% kepemilikan pada MBH.                                       interests in MBH.

          Modal yang disetorkan oleh MBA adalah sebesar Rp22.500,            The capital contribution made by the MBA amounted to
          sedangkan setoran modal dari kepentingan nonpengendali             Rp22,500, while the capital contribution from the non-
          adalah sebesar Rp2.500.                                            controlling interests is amounted to Rp2,500.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Pety Fatimah, S.H.,                  notarized by Notarial Deed No. 27 of Pety Fatimah, S.H.,
          M.Hum., M.Kn., No. 27 tertanggal 22 Desember 2023, para            M.Hum., M.Kn., dated on 22 December 2023, the
          pemegang saham MBH menyetujui:                                     shareholders of MBH approved the following:
           Peningkatan modal dasar dari Rp50.000 menjadi                     Increase in share capital from Rp50,000 to become
              Rp30.000.000; dan                                                 Rp30,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                   Increase the issued and fully paid share capital from
              dari Rp25.000 menjadi Rp7.802.800 yang diambil                    Rp25,000 to Rp7,802,800 which was partially taken by
              sebagian oleh MBA.                                                MBA.

          Setelah peningkatan saham tersebut, tidak ada perubahan            After the increase in share, there is no change in MBA’s
          kepemilikan MBA pada MBH.                                          ownership in MBH.

          PT Era Boga Kari (“EBK”)                                           PT Era Boga Kari (“EBK”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn.                 Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 13,
          No. 13, pada tanggal 22 Mei 2023, Perusahaan mendirikan            on 22 May 2023, the Company established EBK through
          EBK melalui EBN, dimana EBN memiliki 99,91%                        EBN, in which EBN owned 99.91% ownership interests in
          kepemilikan pada EBK.                                              EBK.

          Modal yang disetorkan oleh EBN adalah sebesar Rp54.950,            The capital contribution made by the EBN amounted to
          sedangkan setoran modal dari kepentingan nonpengendali             Rp54,950, while the capital contribution from the non-
          adalah sebesar Rp50.                                               controlling interests is amounted to Rp50.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang               Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,           notarized by Notarial Deed No. 9 of Fandi Aryana, S.H.,
          No. 9 tertanggal 27 Desember 2023, para pemegang saham             M.Kn., dated on 27 December 2023, the shareholders of
          EBK menyetujui:                                                    EBK approved the following:
           Peningkatan modal dasar dari Rp200.000 menjadi                    Increase in share capital from Rp200,000 to become
              Rp10.000.000; dan                                                 Rp10,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                   Increase the issued and fully paid share capital from
              dari Rp55.000 menjadi Rp3.500.000 yang diambil                    Rp55,000 to Rp3,500,000 which was partially taken by
              sebagian oleh EBN.                                                EBN.

          Setelah perubahan di atas, persentase kepemilikan EBN              After the above changes, the ownership interest of EBN
          pada EBK adalah sebesar 70%.                                       in EBK become 70%.
Page 395
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/20                                                             Exhibit E/20


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                  c. Subsidiaries’ Structure (Continued)

          PT Era Boga Nusantara (“EBN”)                                       PT Era Boga Nusantara (“EBN”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandy Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 04 of Fandy Aryana, S.H.,
          No. 04 tertanggal 20 Desember 2023, para pemegang                   M.Kn., dated on 20 December 2023, the shareholders of
          saham EBN menyetujui peningkatan modal ditempatkan                  EBN approved the increase of SEA's issued and fully paid
          dan disetor EBN dari Rp212.883.000 yang terdiri dari                capital from Rp212,883,000 which consists of 212,883
          212.883 saham menjadi Rp291.000.000 dengan cara                     shares to Rp291,000,000 by issued 78,117 shares
          menerbitkan 78.117 saham sebesar Rp78.117.000 yang                  amounted to Rp78,117,000 which fully taken by the
          diambil bagian seluruhnya oleh Perusahaan.                          Company.

          Setelah perubahan di atas, persentase kepemilikan                   After the above changes, the ownership interest of the
          Perusahaan pada EBN adalah sebesar 99,99%.                          Company in EBN become 99.99%.

          PT Era Boga Pretzel (“EBPR”)                                        PT Era Boga Pretzel (“EBPR”)

          Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn. No. 8,           Based on Notarial Deed Fandi Aryana, S.H., M.Kn. No. 8,
          pada tanggal 17 April 2023, Perusahaan mendirikan EBPR              on 17 April 2023, the Company established EBPR through
          melalui EBN, dimana EBN memiliki 99,91% kepemilikan                 EBN, in which EBN owned 99.91% ownership interests in
          pada EBPR.                                                          EBPR.

          Modal yang disetorkan oleh EBN adalah sebesar Rp55.000,             The capital contribution made by the EBN amounted to
          sedangkan setoran modal dari kepentingan nonpengendali              Rp55,000, while the capital contribution from the non-
          adalah sebesar Rp50.                                                controlling interests is amounted to Rp50.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Fandi Aryana, S.H., M.Kn.,            notarized by Notarial Deed No. 7 of Fandi Aryana, S.H.,
          No. 7 tertanggal 22 Desember 2023, para pemegang saham              M.Kn., dated on 22 December 2023, the shareholders of
          EBPR menyetujui:                                                    EBPR approved the following:
           Peningkatan modal dasar dari Rp200.000 menjadi                     Increase in share capital from Rp200,000 to become
              Rp1.000.000; dan                                                   Rp1,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp55.050 menjadi Rp300.050 yang diambil                       Rp55,050 to Rp300,050 which was fully taken by EBN.
              sepenuhnya oleh EBN.

          Setelah perubahan di atas, persentase kepemilikan EBN               After the above changes, the ownership interest of EBN
          pada EBPR adalah sebesar 99,98%.                                    in EBPR become 99.98%.

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang                Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Hana Badrina, S.H., M.Kn.,            notarized by Notarial Deed No. 50 of Hana Badrina, S.H.,
          No. 50 tertanggal 23 Desember 2024, para pemegang                   M.Kn., dated on 23 December 2024, the shareholders of
          saham EBPR menyetujui:                                              EBPR approved the following:
           Peningkatan modal dasar dari Rp1.000.000 menjadi                   Increase in share capital from Rp1,000,000 to become
              Rp10.000.000; dan                                                  Rp10,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                    Increase the issued and fully paid share capital from
              dari Rp300.050 menjadi Rp9.300.050 yang diambil                    Rp300,050 to Rp9,300,050 which was fully taken by
              bagian seluruhnya oleh EBN.                                        EBN.

          Setelah perubahan di atas, persentase kepemilikan EBN               After the above changes, the ownership interest of EBN
          pada EBPR adalah sebesar 99,99%.                                    in EBPR become 99.99%.
Page 396
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/21                                                             Exhibit E/21


                   PT ERAJAYA SWASEMBADA Tbk                                       PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                           FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)       (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                           1.   G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                c. Subsidiaries’ Structure (Continued)

          PT Era Prima Indonesia (“EPI”)                                    PT Era Prima Indonesia (“EPI”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang              Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Petty Fatimah, S.H.,                notarized by Notarial Deed No. 24 of Petty Fatimah, S.H.,
          M.Hum., M.Kn., No. 24 tertanggal 21 Desember 2023, para           M.Hum., M.Kn., dated on 21 December 2023, the
          pemegang saham EPI menyetujui peningkatan modal                   shareholders of EPI approved the increase in issued and
          ditempatkan dan disetor penuh dari Rp180.156.000 yang             fully paid share capital from Rp180,156,000 which consist
          terdiri dari 180.156 saham menjadi Rp213.311.000 yang             of 180,156 shares to become Rp213,311,000 which consist
          terdiri dari 213.311 saham yang diambil seluruhnya oleh           of 213,311 shares which was fully taken by the Company.
          Perusahaan. Setelah peningkatan saham tersebut, tidak             After the increase in share, there is no change in the
          ada perubahan kepemilikan Perusahaan pada EPI.                    Company’s ownership in EPI.

          PT Era Prima Medika (“EPM”)                                       PT Era Prima Medika (“EPM”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang              Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Pety Fatimah, S.H.,                 notarized by Notarial Deed No. 29 of Pety Fatimah, S.H.,
          M.Hum., M.Kn., No. 29 tertanggal 22 Desember 2023, para           M.Hum., M.Kn., dated on 22 December 2023, the
          pemegang saham EPM menyetujui:                                    shareholders of EPM approved the following:
           Peningkatan modal dasar dari Rp500.000 menjadi                   Increase in share capital from Rp500,000 to become
              Rp1.750.000; dan                                                 Rp1,750,000; and
           Peningkatan modal ditempatkan dan disetor penuh                  Increase the issued and fully paid share capital from
              dari Rp250.000 menjadi Rp1.750.000 yang diambil                  Rp250,000 to Rp1,750,000 which was fully taken by
              sepenuhnya oleh EPI.                                             EPI.

          Setelah perubahan di atas, persentase kepemilikan EPI             After the above changes, the ownership interest of EPI in
          pada EPM adalah sebesar 99,86%.                                   EPM become 99.86%.

          PT Mitra Belanja Anda (“MBA”)                                     PT Mitra Belanja Anda (“MBA”)

          Berdasarkan Pernyataan Keputusan Pemegang Saham yang              Based on Statement of Shareholders’ Decision which was
          diaktakan dengan Akta Notaris Pety Fatimah, S.H.,                 notarized by Notarial Deed No. 23 of Pety Fatimah, S.H.,
          M.Hum., M.Kn., No. 23 tertanggal 21 Desember 2023, para           M.Hum., M.Kn., dated on 21 December 2023, the
          pemegang saham MBA menyetujui:                                    shareholders of MBA approved the following:
           Peningkatan modal dasar dari Rp204.000.000 menjadi               Increase in share capital from Rp204,000,000 to
              Rp500.000.000; dan                                               become Rp500,000,000; and
           Peningkatan modal ditempatkan dan disetor penuh                  Increase the issued and fully paid share capital from
              dari Rp152.900.000 menjadi Rp214.900.000 yang                    Rp152,900,000 to Rp214,900,000 which was partially
              diambil sebagian oleh EBN.                                       taken by EBN.

          Setelah peningkatan saham tersebut, tidak ada perubahan           After the increase in share, there is no change in EBN’s
          kepemilikan EBN pada MBA.                                         ownership in MBA.

          PT Surya Andra Medicalindo (“SAM”)                                PT Surya Andra Medicalindo ("SAM”)

          Berdasarkan Akta Jual Beli dan Pengalihan Saham No. 35            Based on Notarial Deed of Sale and Purchase and Transfer
          dan No. 36 tanggal 26 Maret 2024, EPI setuju untuk                of Shares No. 35 and No. 36 dated 26 March 2024, EPI
          menjual seluruh kepemilikan saham atas SAM sebesar                agreed to sell 55.04% of all its shares ownership of SAM
          55,04% kepada pihak ketiga dengan total senilai                   to third parties amounted to Rp9,769,000. The payment
          Rp9.769.000. Pembayaran tersebut telah diterima oleh              was received by EPI on signing date of the deed.
          EPI pada tanggal penandatangan akta tersebut.
Page 397
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/22                                                             Exhibit E/22


                   PT ERAJAYA SWASEMBADA Tbk                                       PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                           FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)       (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                          1.    G E N E R A L (Continued)

       c. Susunan Entitas Anak (Lanjutan)                                c. Subsidiaries’ Structure (Continued)

          PT Urogen Advanced Solutions (“UAS”)                              PT Urogen Advanced Solutions (“UAS”)

          Berdasarkan Akta Jual Beli dan Pengalihan Saham No. 32            Based on Notarial Deed of Sale and Purchase and Transfer
          dan No. 33 tanggal 26 Maret 2024, EPI setuju untuk                of Shares No. 32 and No. 33 dated 26 March 2024, EPI
          menjual seluruh kepemilikan saham atas UAS sebesar                agreed to sell 55.00% of all its shares ownership of SAM
          55,00% kepada pihak ketiga dengan total senilai                   to third parties amounted to Rp599,000. The payment
          Rp599.000. Pembayaran tersebut telah diterima oleh EPI            was received by EPI on signing date of the deed.
          pada tanggal penandatangan akta tersebut.

       d. Dewan Komisaris dan Direksi, Komite Audit dan                  d. Boards of Commissioners             and    Directors,    Audit
          Karyawan                                                          Committee and Employees

          Pada tanggal 31 Desember 2024, susunan Dewan Komisaris            As of 31 December 2024, the composition of the
          dan Direksi berdasarkan Rapat Umum Pemegang Saham                 Company’s Boards of Commissioners and Directors based
          Tahunan yang diaktakan dengan Akta Notaris R. M. Dendy            on the Annual Shareholders’ General Meeting which was
          Soebangil, S.H., M.Kn., No. 07 tertanggal 19 Juni 2024            notarized by Notarial Deed No. 07 of R. M. Dendy
          adalah sebagai berikut:                                           Soebangil, S.H., M.Kn., dated on 19 June 2024 are as
                                                                            follows:

          Dewan Komisaris                                                                                      Board of Commissioners
          Komisaris Utama                                     Ardy Hady Wijaya                                  President Commissioner
          Komisaris                                         Richard Halim Kusuma                                          Commissioner
          Komisaris                                         Andreas Harun Djumadi                                         Commissioner
          Komisaris                                            Richard Harjani                                            Commissioner
          Komisaris Independen                                   Lim Bing Tjay                               Independent Commissioner
          Komisaris Independen                            I Gusti Putu Suryawirawan                          Independent Commissioner

          Direksi                                                                                                     Board of Directors
          Direktur Utama                                       Budiarto Halim                                          President Director
          Wakil Direktur Utama                                    Hasan Aula                                      Vice President Director
          Wakil Direktur Utama                                   Joy Wahjudi                                      Vice President Director
          Direktur                                             Sintawati Halim                                                   Director
          Direktur                                              Sim Chee Ping                                                    Director
          Direktur                                             Djohan Sutanto                                                    Director
          Direktur                                             Jong Woon Kim                                                     Director
          Direktur                                                   Elly                                                        Director
          Direktur                                       Mitchella Ardy Hady Wijaya                                              Director
          Direktur                                         Keith Ardy Hady Wijaya                                                Director

          Pada tanggal 31 Desember 2023, susunan Dewan Komisaris            As of 31 December 2023, the composition of the
          dan Direksi berdasarkan Rapat Umum Pemegang Saham                 Company’s Boards of Commissioners and Directors based
          Tahunan yang diaktakan dengan Akta Notaris R. M. Dendy            on the Annual Shareholders’ General Meeting which was
          Soebangil, S.H., M.Kn., No. 04 tertanggal 6 September             notarized by Notarial Deed No. 04 of R. M. Dendy
          2023 adalah sebagai berikut:                                      Soebangil, S.H., M.Kn., dated on 6 September 2023 are as
                                                                            follows:

          Dewan Komisaris                                                                                      Board of Commissioners
          Komisaris Utama                                     Ardy Hady Wijaya                                  President Commissioner
          Komisaris                                         Richard Halim Kusuma                                          Commissioner
          Komisaris                                         Andreas Harun Djumadi                                         Commissioner
          Komisaris Independen                                   Lim Bing Tjay                               Independent Commissioner
          Komisaris Independen                            I Gusti Putu Suryawirawan                          Independent Commissioner
Page 398
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/23                                                             Exhibit E/23


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


1.     U M U M (Lanjutan)                                             1.   G E N E R A L (Continued)

       d. Dewan Komisaris dan Direksi, Komite Audit dan                    d. Boards of Commissioners and Directors,                   Audit
          Karyawan (Lanjutan)                                                 Committee and Employees (Continued)

          Pada tanggal 31 Desember 2023, susunan Dewan Komisaris              As of 31 December 2023, the composition of the
          dan Direksi berdasarkan Rapat Umum Pemegang Saham                   Company’s Boards of Commissioners and Directors based
          Tahunan yang diaktakan dengan Akta Notaris R. M. Dendy              on the Annual Shareholders’ General Meeting which was
          Soebangil, S.H., M.Kn., No. 04 tertanggal 6 September               notarized by Notarial Deed No. 04 of R. M. Dendy
          2023 adalah sebagai berikut: (Lanjutan)                             Soebangil, S.H., M.Kn., dated on 6 September 2023 are as
                                                                              follows: (Continued)

          Direksi                                                                                                       Board of Directors
          Direktur Utama                                         Budiarto Halim                                          President Director
          Wakil Direktur Utama                                      Hasan Aula                                      Vice President Director
          Wakil Direktur Utama                                     Joy Wahjudi                                      Vice President Director
          Direktur                                               Sintawati Halim                                                   Director
          Direktur                                                Sim Chee Ping                                                    Director
          Direktur                                               Djohan Sutanto                                                    Director
          Direktur                                               Jong Woon Kim                                                     Director
          Direktur                                                     Elly                                                        Director
          Direktur                                         Mitchella Ardy Hady Wijaya                                              Director
          Direktur                                           Keith Ardy Hady Wijaya                                                Director

          Susunan Komite Audit Perusahaan pada tanggal                        The composition of the Company’s Audit Committee as
          31 Desember 2024 dan 2023 adalah sebagai berikut:                   31 December 2024 and 2023 are as follows:

          Ketua                                             I Gusti Putu Suryawirawan                                              Chairman
          Anggota                                                Dadang Mulyana                                                     Member
          Anggota                                           Khoe Minhari Handikusuma                                                Member

          Pembentukan Komite Audit Perusahaan telah sesuai                    The establishment of the Company’s Audit Committee has
          dengan Peraturan OJK No. IX.I.5.                                    complied with OJK Rule No. IX.I.5.

          Sekretaris Perusahaan pada tanggal 31 Desember 2024 dan             The Company’s Corporate Secretary as of 31 December
          2023 adalah Amelia Allen.                                           2024 and 2023 is Amelia Allen.

          Manajemen kunci meliputi Dewan Komisaris dan Direksi                Key management comprise the Company’s Board of
          Perusahaan.                                                         Commissioners and Directors.

          Pada tanggal 31 Desember 2024 dan 2023, Grup                        As of 31 December 2024 and 2023, the Group has 5,681
          mempunyai karyawan tetap masing-masing sebanyak                     and    5,386  permanent    employees    (unaudited),
          5.681 dan 5.386 (tidak diaudit).                                    respectively.

          Manajemen bertanggung jawab atas penyusunan dan                     The management is responsible for the preparation and
          penyajian laporan keuangan konsolidasian, yang telah                presentation of the consolidated financial statements
          diselesaikan dan disetujui untuk diterbitkan oleh Direksi           which were completed and authorized for issuance
          Perusahaan pada tanggal 25 Maret 2025.                              by the Company’s Board of Directors on 25 March 2025.
Page 399
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/24                                                             Exhibit E/24


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                2.   SUMMARY    OF         MATERIAL       ACCOUNTING             POLICIES
                                                                           INFORMATION

       a. Dasar Penyajian Laporan Keuangan Konsolidasian                   a. Basis of Presentation of the Consolidated Financial
                                                                              Statements

          Laporan keuangan konsolidasian telah disusun sesuai                 The consolidated financial statements have been
          dengan Standar Akuntansi Keuangan di Indonesia (“SAK”),             prepared in accordance with Indonesian Financial
          yang mencakup Pernyataan dan Interpretasi yang                      Accounting Standards (“SAK”), which comprise the
          dikeluarkan oleh Dewan Standar Akuntansi Keuangan                   Statements and Interpretations issued by the Financial
          Ikatan Akuntan Indonesia (“DSAK IAI”) dan Peraturan-                Accounting Standards Board of the Institute of Indonesia
          Peraturan serta Pedoman Penyajian dan Pengungkapan                  Chartered Accountants (Dewan Standar Akuntansi
          Laporan Keuangan yang diterbitkan oleh Otoritas Jasa                Keuangan Ikatan Akuntan Indonesia or “DSAK IAI”) and the
          Keuangan (“OJK”).                                                   Regulations and Guidelines on Financial Statement
                                                                              Presentation and Disclosures issued by Financial Services
                                                                              Authority (Otoritas Jasa Keuangan or “OJK”).

          Laporan keuangan entitas anak disusun sesuai dengan                 The financial statements of the subsidiaries are prepared
          SAK, kecuali untuk laporan keuangan CG dan entitas                  in accordance with SAK, except for the financial
          anaknya, VMN, dan EIM yang disusun sesuai dengan                    statements of CG and its subsidiaries, VMN, and EIM
          Malaysian Financial Reporting Standards, sedangkan                  which are prepared in accordance with Malaysian
          Eraspace Pte. Ltd., EPH, ERDI, ETC, ERDIRET, EVH, EIS,              Financial Reporting Standards, while Eraspace Pte. Ltd.,
          ESS, dan EH yang disusun sesuai dengan Singapore                    EPH, ERDI, ETC, ERDIRET, EVH, EIS, ESS, and EH which are
          Financial Reporting Standards. Dalam penyusunan laporan             prepared in accordance with Singapore Financial
          keuangan konsolidasian, laporan keuangan entitas-entitas            Reporting Standards. In preparing the consolidated
          anak tersebut telah disesuaikan untuk memenuhi                      financial statements, the financial statements of these
          ketentuan SAK.                                                      subsidiaries are adjusted to comply with the SAK.

          Laporan keuangan konsolidasian disusun berdasarkan                  The consolidated financial statements have been
          konsep akrual, kecuali laporan arus kas konsolidasian,              prepared on the accrual basis, except for the
          dengan menggunakan konsep biaya historis, kecuali                   consolidated statement of cash flows, using the historical
          seperti yang disebutkan dalam Catatan atas laporan                  cost concept of accounting, except as disclosed in the
          keuangan konsolidasian yang relevan.                                relevant Notes to the consolidated financial statements
                                                                              herein.

          Laporan arus kas konsolidasian yang disajikan dengan                The consolidated statement of cash flows, which have
          menggunakan metode langsung, menyajikan penerimaan                  been prepared using the direct method, present receipts
          dan pengeluaran kas dan setara kas yang diklasifikasikan            and disbursements of cash and cash equivalents classified
          ke dalam aktivitas operasi, investasi dan pendanaan.                into operating, investing and financing activities.


          Kebijakan akuntansi yang diterapkan oleh Grup adalah                The accounting policies adopted by the Group are
          selaras bagi tahun yang dicakup oleh laporan keuangan               consistently applied for the years covered by the
          konsolidasian, kecuali untuk standar akuntansi baru dan             consolidated financial statements, except for new and
          revisi seperti diungkapkan pada Catatan 2b di bawah ini.            revised accounting standards as disclosed in the following
                                                                              Note 2b.

          Tahun buku Grup adalah 1 Januari - 31 Desember.                     The financial reporting period of the Group is 1 January
                                                                              - 31 December.

          Mata uang pelaporan yang digunakan dalam laporan                    The reporting currency used in the consolidated financial
          keuangan konsolidasian adalah Rupiah, yang merupakan                statements is the Indonesian Rupiah, which is the
          mata uang fungsional Perusahaan dan masing-masing                   Company’s and each of its subsidiaries’ functional
          entitas anaknya, kecuali untuk CG dan entitas anaknya,              currency, except for CG and its subsidiaries, VMN and EIM
          VMN dan EIM yang mata uang fungsionalnya adalah Ringgit             which functional currency is Malaysian Ringgit, and EIS,
          Malaysia, dan EIS, ESS, EPH, ERDI, ERDIRET, Eraspace Pte.           ESS, EPH, ERDI, ERDIRET, Eraspace Pte. Ltd., EVH and EH
          Ltd., EVH dan EH yang mata uang fungsionalnya adalah                which functional currency is Singapore dollar.
          dolar Singapura.
Page 400
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/25                                                             Exhibit E/25


                   PT ERAJAYA SWASEMBADA Tbk                                       PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                           FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)       (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL              2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                        INFORMATION (Continued)

       a. Dasar Penyajian    Laporan    Keuangan   Konsolidasian         a. Basis of Presentation of the Consolidated Financial
          (Lanjutan)                                                        Statements (Continued)

          Grup telah menyusun laporan keuangan konsolidasian                The Group has prepared the consolidated financial
          dengan dasar bahwa Grup akan terus beroperasi secara              statements on the basis that it will continue to operate
          berkesinambungan.                                                 as a going concern.

       b. Perubahan Standar Akuntansi                                    b. Changes in Accounting Standards

          Mulai Efektif pada atau Setelah Tanggal 1 Januari 2024            Effective Beginning on or After 1 January 2024

          PSAK 207 (amendemen), Laporan Arus Kas dan PSAK 107               PSAK 207 (amendment), Statement of Cash Flow and PSAK
          (amendemen), Instrumen Keuangan: Pengungkapan                     107 (amendment), Financial Instrument: Disclosures
          tentang Pengaturan Pembiayaan Pemasok                             regarding Supplier Finance Arrangements

          Amendemen ini memperjelas pengungkapan terkait                    These amendments clarify disclosures regarding supplier
          pengaturan       pembiayaan     pemasok,      sehingga            financing arrangements, allows users to assess the impact
          memungkinkan pengguna untuk menilai dampak fasilitas              of the financing facility on liabilities, cash flow and
          pembiayaan tersebut terhadap liabilitas, arus kas, dan            liquidity, as well as the impact if the financing facility is
          likuiditas, serta dampaknya jika fasilitas pembiayaan             no longer available. The amendments require entities to
          tidak lagi tersedia. Amendemen tersebut mengharuskan              provide certain specific disclosures (qualitative and
          entitas untuk memberikan pengungkapan tertentu                    quantitative) related to supplier finance arrangements.
          (kualitatif dan kuantitatif) yang terkait dengan                  The amendments also provide guidance on characteristics
          pengaturan pembiayaan pemasok. Amendemen tersebut                 of supplier finance arrangements.
          juga memberikan panduan tentang karakteristik
          pengaturan pembiayaan pemasok.

          PSAK 116 (amendemen), Sewa tentang Liabilitas Sewa                PSAK 116 (amendment), Leases regarding Lease Liability
          dalam Jual dan Sewa Balik                                         in a Sale and Leaseback

          Amendemen ini mengatur pengukuran selanjutnya atas                This amendment regulates the subsequent measurement
          transaksi jual dan sewa balik, mencakup penjelasan                of sale and leaseback transactions, to explain how an
          bagaimana entitas mencatat penjualan dan penyewaan                entity records sales and leasebacks after the date of the
          kembali setelah tanggal transaksi. Sebelum Amendemen,             transaction. Prior to the Amendments, PSAK 116 did not
          PSAK 116 tidak membuat persyaratan pengukuran khusus              contain specific measurement requirements for lease
          untuk kewajiban sewa yang mungkin memuat pembayaran               liabilities that may contain variable lease payments
          sewa variabel yang timbul dalam transaksi jual dan sewa           arising in a sale and leaseback transaction, such as sale
          balik, seperti transaksi jual dan sewa kembali yang               and leaseback transactions where some or all of the
          sebagian atau seluruh pembayaran sewanya merupakan                rental payments are variable rental payments that are
          pembayaran sewa variabel yang tidak bergantung pada               not dependent on indexes or rates are likely to be
          indeks atau suku bunga, kemungkinan besar akan terkena            impacted. In applying the subsequent measurement
          dampaknya. Dalam menerapkan persyaratan pengukuran                requirements of lease liabilities to a sale and leaseback
          kewajiban sewa berikutnya pada transaksi jual dan sewa            transaction, the Amendments require a sellerlessee to
          balik, amendemen mengharuskan penjual-penyewa untuk               determine ‘lease payments’ or ‘revised lease payments’
          menentukan ‘pembayaran sewa’ atau ‘pembayaran sewa                in a way that the seller-lessee would not recognise any
          yang direvisi’ sedemikian rupa sehingga penjual-penyewa           amount of the gain or loss that relates to the right of use
          tidak akan mengakui sejumlah keuntungan atau kerugian             retained by the seller-lessee.
          yang terkait dengan hak pengguna yang dimiliki oleh
          penjual-penyewa.

          PSAK 201 (amendemen), Penyajian Laporan Keuangan                  PSAK 201 (amendment), Presentation of Financial
          tentang Liabilitas Jangka Panjang dengan Kovenan                  Statements regarding Long Term Liabilities with Covenant

          Amendemen ini mengatur bahwa hanya kovenan yang                   This amendment provides that only covenants with which
          harus dipatuhi entitas pada atau sebelum tanggal                  an entity is subject to compliance on or before the
          pelaporan sehingga kondisi yang harus dipatuhi suatu              reporting date which an entity must comply within twelve
          entitas dalam waktu dua belas bulan setelah periode               months after the reporting period affect the
          pelaporan mempengaruhi klasifikasi suatu kewajiban yang           classification of a liability, will affect the classification
          akan memengaruhi klasifikasi liabilitas jangka pendek             of liabilities as current or non-current and their
          atau jangka panjang serta pengungkapannya.                        disclosure.
Page 401
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                      Ekshibit E/26                                                               Exhibit E/26


                   PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                     31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                   2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                             INFORMATION (Continued)

       b. Perubahan Standar Akuntansi (Lanjutan)                              b. Changes in Accounting Standards (Continued)

          Standar, Interpretasi, dan Amendemen Baru Belum                        New Standards, Interpretations and Amendments Not
          Berlaku                                                                Yet Effective

          Terdapat sejumlah standar, amendemen dan interpretasi                  These are numbers of standards and interpretations
          yang telah diterbitkan yang berlaku efektif untuk periode              which have been issued and effective for periods
          yang dimulai atau setelah tanggal 1 Januari 2025, yaitu:               beginning on/or after 1 January 2025, is:

          1) PSAK 117 Kontrak Asuransi mengatur relaksasi                        1) PSAK 117 Insurance Contracts regulates the relaxation
             beberapa ketentuan pada perusahaan asuransi seperti                    of several provisions for insurance companies such as
             pemisahan antara pendapatan yang diperoleh dari                        the separation between income derived from the
             bisnis asuransi dan bisnis investasi, termasuk                         insurance business and investment business, including
             penambahan pengecualian ruang lingkup, penyesuaian                     the addition of scope exceptions, adjustments to the
             penyajian laporan keuangan, penerapan opsi mitigasi                    presentation of financial statements, implementation
             risiko dan beberapa modifikasi pada ketentuan                          of risk mitigation options and several modifications to
             transisi.                                                              transition provisions.

          2) PSAK 221 (amendemen) Pengaruh Perubahan Kurs                        2) PSAK 221 (amendment) Effect of Changes in Foreign
             Valuta Asing tentang kekurangan ketertukaran.                          Exchange Rates on lack of convertibility. This
             Amendemen        ini   menjelaskan       pengaturan                    amendment clarifies the provisions related to
             pengungkapan terkait kondisi ketika suatu mata uang                    conditions when a currency is not convertible and its
             tidak tertukarkan.                                                     disclosure.

          Penerapan dari amandemen dan interpretasi di atas tidak                The implementation of the above amendments and
          menimbulkan perubahan substansial atas kebijakan                       interpretations does not result in substantial changes to
          akuntansi Grup dan tidak memiliki dampak signifikan                    the Group's accounting policies and does not have a
          terhadap Laporan Keuangan Konsolidasian pada tahun                     significant impact on the Consolidated Financial
          berjalan atau tahun sebelumnya.                                        Statements for the current or previous year.

       c. Prinsip-Prinsip Konsolidasi                                         c. Principles of Consolidation

          Laporan keuangan konsolidasian meliputi              laporan           The consolidated financial statements comprise the
          keuangan Perusahaan dan entitas anaknya.                               financial statements of the Company and its subsidiaries.

          Kendali diperoleh bila Grup terekspos atau memiliki hak                Control is achieved when the Group is exposed, or has
          atas imbal hasil variabel dari keterlibatannya dengan                  rights, to variable returns from its involvement with the
          investee dan memiliki kemampuan untuk mempengaruhi                     investee and has the ability to affect those returns
          imbal hasil tersebut melalui kekuasaannya atas investee.               through its power over the investee.

          Dengan demikian, investor mengendalikan investee jika                  Thus, the Group controls an investee if and only if the
          dan hanya jika investor memiliki seluruh hal berikut ini:              Group has all of the following:

          i.   Kekuasaan atas investee (misal, hak saat ini yang                 i. Power over the investee (i.e., existing rights that give
               memberikan kemampuan kini untuk mengarahkan                            the current ability to direct the relevant activities of
               aktivitas relevan investee);                                           the investee);
          ii. Eksposur atau hak imbal hasil variabel dari                        ii. Exposure, or rights, to variable returns from its
               keterlibatannya dengan investee; dan                                   involvement with the investee; and
          iii. Kemampuan untuk menggunakan kekuasannya atas                      iii. The ability to use its power over the investee to
               investee untuk mempengaruhi jumlah imbal hasilnya.                     affect its returns.

          Bila Grup tidak memiliki hak suara atau hak serupa secara              When the Group has less than a majority of the voting or
          mayoritas atas suatu investee, Grup mempertimbangkan                   similar rights of an investee, the Group considers all
          semua fakta dan keadaan yang relevan dalam                             relevant facts and circumstances in assessing whether it
          mengevaluasi apakah mereka memiliki kekuasaan atas                     has power over an investee, including:
          investee, termasuk:
          i. Pengaturan kontraktual dengan pemilik hak suara                     i. The contractual arrangement with the other vote
              lainnya dari investee;                                                  holders of the investee;
          ii. Hak yang timbul dari pengaturan kontraktual lain; dan              ii. Rights arising from other contractual arrangements;
                                                                                      and
          iii. Hak suara dan hak suara potensial milik Grup.                     iii. The Group's voting rights and potential voting rights.
Page 402
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                       Ekshibit E/27                                                            Exhibit E/27


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       c. Prinsip-Prinsip Konsolidasi (Lanjutan)                            c. Principles of Consolidation (Continued)

          Grup menilai kembali apakah mereka mengendalikan                     The Group re-assesses whether or not it controls an
          investee bila fakta dan keadaan mengindikasikan adanya               investee if facts and circumstances indicate that there
          perubahan terhadap satu atau lebih dari ketiga elemen                are changes to one or more of the three elements of
          dari pengendalian. Konsolidasi atas entitas-entitas anak             control. Consolidation of a subsidiary begins when the
          dimulai sejak Grup memperoleh pengendalian atas entitas              Group obtains control over the subsidiary and ceases
          anak dan berakhir pada saat Grup kehilangan                          when the Group loses control of the subsidiary. Assets,
          pengendalian atas entitas anak. Aset, liabilitas,                    liabilities, income and expenses of a subsidiary acquired
          penghasilan, dan beban dari entitas anak yang diakuisisi             during the year are included in the consolidated financial
          pada tahun tertentu disertakan dalam laporan keuangan                statements from the date the Group gains control until
          konsolidasian sejak tanggal Grup memperoleh kendali                  the date the Group ceases to control the subsidiary.
          sampai tanggal Grup tidak lagi mengendalikan entitas
          anak tersebut.

          Seluruh laba rugi dan setiap komponen penghasilan                    Profit or loss and each component of other
          komprehensif lain (“OCI”) diatribusikan pada pemilik                 comprehensive income (“OCI”) are attributed to the
          entitas induk dan pada kepentingan nonpengendali                     equity holders of the parent of the Group and to the non-
          (“KNP”), walaupun hal ini akan menyebabkan saldo KNP                 controlling interests (“NCI”), even if this results in the
          yang defisit. Bila dipandang perlu, penyesuaian dilakukan            NCI having a deficit balance. When necessary,
          terhadap laporan keuangan entitas anak untuk                         adjustments are made to the financial statements of
          diselaraskan dengan kebijakan akuntansi Grup.                        subsidiaries to bring their accounting policies into line
                                                                               with the Group’s accounting policies.

          Seluruh aset dan liabilitas, ekuitas, penghasilan dan                All intra-group assets and liabilities, equity, income,
          beban dan arus kas atas transaksi antaranggota Grup                  expenses and cash flows relation to transactions between
          dieliminasi sepenuhnya pada saat konsolidasi.                        members of the Group are eliminated in full on
                                                                               consolidation.

          Perubahan dalam bagian kepemilikan entitas induk pada                A change in the parent’s ownership interest in a
          entitas anak yang tidak mengakibatkan hilangnya                      subsidiary, without a loss of control, is accounted for as
          pengendalian, dicatat sebagai transaksi ekuitas. Bila                an equity transaction. If the Group loses control over a
          kehilangan pengendalian atas suatu entitas anak, maka                subsidiary, it derecognizes the related assets (including
          Grup menghentikan pengakuan atas aset (termasuk                      goodwill), liabilities, NCI and other component of equity,
          goodwill), liabilitas, KNP dan komponen lain dari ekuitas            while the difference is recognized in the profit or loss.
          terkait, dan selisihnya diakui pada laba rugi. Bagian dari           Any investment retained is recognized at fair value.
          investasi yang tersisa diakui pada nilai wajar.

       d. Klasifikasi Lancar dan Tidak Lancar                               d. Current and Non-current Classification

          Grup menyajikan aset dan liabilitas dalam laporan posisi             The Group presents assets and liabilities in the statement
          keuangan konsolidasian berdasarkan klasifikasi lancar                of financial position based on current/non-current
          tidak lancar. Suatu aset disajikan lancar bila:                      classification. An asset is current when it is:
          1) akan direalisasi, dijual atau dikonsumsi dalam siklus             1) expected to be realized or intended to be sold or
              operasi normal,                                                      consumed in the normal operating cycle,
          2) untuk diperdagangkan,                                             2) held primarily for the purpose of trading,
          3) akan direalisasi dalam 12 bulan setelah tanggal                   3) expected to be realized within 12 months after the
              pelaporan, atau                                                      reporting period, or
          4) kas atau setara kas kecuali yang dibatasi                         4) cash or cash equivalent unless restricted from being
              penggunaannya atau akan digunakan untuk melunasi                     exchanged or used to settle a liability for at least 12
              suatu liabilitas dalam kurun waktu 12 bulan setelah                  months after the reporting period.
              tanggal pelaporan.

          Seluruh aset lain diklasifikasikan sebagai tidak lancar.             All other assets are classified as non-current.
Page 403
                                                                                     These Consolidated Financial Statements are Originally
                                                                                                 Issued in Indonesian Language


                                                         Ekshibit E/28                                                                Exhibit E/28


                   PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                       31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                     2.   SUMMARY    OF    MATERIAL              ACCOUNTING             POLICIES
       (Lanjutan)                                                               INFORMATION (Continued)

       d. Klasifikasi Lancar dan Tidak Lancar (Lanjutan)                        d.   Current and Non-Current Classification (Continued)

          Suatu liabilitas disajikan lancar bila:                                    A liability is current when it is:
          i) akan        dilunasi      dalam      siklus operasi                     i) expected to be settled in the normal operating cycle,
               normal,
          ii) untuk diperdagangkan,                                                  ii) held primarily for the purpose of trading,
          iii) akan dilunasi dalam 12 bulan setelah tanggal                          iii) due to be settled within twelve months after the
               pelaporan, atau                                                            reporting period, or
          iv) tidak ada hak untuk menangguhkan pelunasannya                          iv) there is no right at the end of reporting period to
               dalam kurun waktu 12 bulan setelah periode                                 defer the settlement of the liability for at least
               pelaporan.                                                                 twelve months after the reporting period.

          Seluruh liabilitas lain diklasifikasikan sebagai tidak lancar.             All other liabilities are classified as non-current.

          Aset dan kewajiban pajak tangguhan diklasifikasikan                        Deferred tax assets and liabilities are classified as non-
          sebagai aset dan kewajiban tidak lancar dan kewajiban                      current assets and liabilities.
          jangka panjang.

       e. Pengukuran Nilai Wajar                                                e. Fair Value Measurement

          Grup mengukur pada pengakuan awal instrumen                                The Group initially measures financial instruments at fair
          keuangan, dan aset dan liabilitas yang diakuisisi pada                     value, and assets and liabilities of the acquirees upon
          kombinasi bisnis. Grup juga mengukur jumlah terpulihkan                    business combinations. It also measures certain
          dari Unit Penghasil Kas (“UPK”) tertentu berdasarkan nilai                 recoverable amounts of the Cash-Generating Units
          wajar dikurangi biaya pelepasan (Fair Value Less Cost of                   (“CGU”) using Fair Value Less Cost of Disposal (“FVLCD”).
          Disposal atau “NWPKL”).

          Nilai wajar adalah harga yang akan diterima dari menjual                   Fair value is the price that would be received to sell an
          suatu aset atau harga yang akan dibayar untuk                              asset or paid to transfer a liability in an orderly
          mengalihkan suatu liabilitas dalam transaksi teratur                       transaction between market participants at the
          antara pelaku pasar pada tanggal pengukuran. Pengukuran                    measurement date. The fair value measurement is based
          nilai wajar mengasumsikan bahwa transaksi untuk                            on the presumption that the transaction to sell the asset
          menjual aset atau mengalihkan liabilitas terjadi:                          or transfer the liability takes place either:
          i) Di pasar utama untuk aset atau liabilitas tersebut,                     i) In the principal market for the asset or liability, or
              atau
          ii) Jika tidak terdapat pasar utama, di pasar yang paling                  ii) In the absence of a principal market, in the most
              menguntungkan untuk aset atau liabilitas tersebut.                         advantageous market for the asset or liability.

          Pasar utama atau pasar yang paling menguntungkan                           The principal or the most advantageous market must be
          tersebut harus dapat diakses oleh Grup.                                    accessible to by the Group.

          Nilai wajar dari aset atau liabilitas diukur dengan                        The fair value of an asset or a liability is measured using
          menggunakan asumsi yang akan digunakan pelaku pasar                        the assumptions that market participants would use when
          ketika menentukan harga aset atau liabilitas tersebut,                     pricing the asset or liability, assuming that market
          dengan asumsi bahwa pelaku pasar bertindak dalam                           participants act in their economic best interest.
          kepentingan ekonomi terbaiknya.

          Pengukuran nilai wajar dari suatu aset nonkeuangan                         A fair value measurement of a non-financial asset takes
          memperhitungkan kemampuan pelaku pasar untuk                               into account a market participant's ability to generate
          menghasilkan manfaat ekonomik dengan menggunakan                           economic benefits by using the asset in its highest and
          aset dalam penggunaan tertinggi dan terbaiknya atau                        best use or by selling it to another market participant
          dengan menjualnya kepada pelaku pasar lain yang akan                       that would use the asset in its highest and best use.
          menggunakan aset tersebut pada penggunaan tertinggi
          dan terbaiknya.
Page 404
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                        Ekshibit E/29                                                              Exhibit E/29


                   PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                    2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                              INFORMATION (Continued)

       e. Pengukuran Nilai Wajar (Lanjutan)                                    e. Fair Value Measurement (Continued)

          Grup menggunakan teknik penilaian yang sesuai dengan                    The Group uses valuation techniques that are appropriate
          keadaan dan data yang memadai tersedia untuk mengukur                   in the circumstances and for which sufficient data are
          nilai wajar, dengan memaksimalkan masukan (input) yang                  available to measure fair value, maximizing the use of
          dapat diamati (observable) yang relevan dan                             relevant observable inputs and minimizing the use of
          meminimalkan masukan (input) yang tidak dapat diamati                   unobservable inputs.
          (unobservable).

          Semua aset dan liabilitas yang nilai wajarnya diukur atau               All assets and liabilities for which fair value is measured
          diungkapkan dalam laporan keuangan konsolidasian                        or disclosed in the consolidated financial statements are
          dikategorikan dalam hierarki nilai wajar berdasarkan level              categorized within the fair value hierarchy, described as
          masukan (input) paling rendah yang signifikan terhadap                  follows, based on the lowest level input that is significant
          pengukuran nilai wajar secara keseluruhan sebagai                       to the fair value measurement as a whole:
          berikut:
          i) Level 1 - Harga kuotasian (tanpa penyesuaian) di pasar               i) Level 1 - Quoted (unadjusted) market prices in active
               aktif untuk aset atau liabilitas yang identik yang dapat              markets for identical assets or liabilities.
               diakses entitas pada tanggal pengukuran.
          ii) Level 2 - Teknik penilaian yang menggunakan tingkat                 ii) Level 2 - Valuation techniques for which the lowest
               masukan (input) yang paling rendah yang signifikan                     level input that is significant to the fair value
               terhadap pengukuran nilai wajar yang dapat diamati                     measurement is directly or indirectly observable.
               (observable) baik secara langsung atau tidak langsung.
          iii) Level 3 - Teknik penilaian yang menggunakan tingkat                iii) Level 3 - Valuation techniques for which the lowest
               masukan (input) yang paling rendah yang signifikan                      level input that is significant to the fair value
               terhadap pengukuran nilai wajar yang tidak dapat                        measurement is unobservable.
               diamati (unobservable).

          Untuk aset dan liabilitas yang diakui pada laporan                      For assets and liabilities that are recognized in the
          keuangan    konsolidasian    secara   berulang,  Grup                   consolidated financial statements on a recurring basis,
          menentukan apakah terdapat perpindahan antara level                     the Group determines whether transfers have occurred
          dalam hierarki dengan melakukan evaluasi ulang atas                     between levels in the hierarchy by re-assessing
          penetapan kategori (berdasarkan level masukan (input)                   categorization (based on the lowest level input that is
          paling rendah yang signifikan terhadap pengukuran nilai                 significant to the fair value measurement as a whole) at
          wajar secara keseluruhan) pada tiap akhir periode                       the end of each reporting period.
          pelaporan.

       f. Kas dan Setara Kas                                                   f. Cash and Cash Equivalents

          Kas dan setara kas dalam laporan posisi keuangan                        Cash and cash equivalents in the statements of
          konsolidasian yang terdiri dari kas dan bank serta deposito             consolidated financial position comprise cash on hand and
          jangka pendek yang jatuh tempo dalam waktu 3 (tiga)                     in banks and short-term deposits with a maturity of
          bulan atau kurang sejak tanggal penempatan dan tidak                    3 (three) months or less at the time of placement and not
          dijadikan sebagai jaminan dan tidak dibatasi                            pledged as collateral and without any restrictions in the
          penggunaannya.                                                          usage.

          Untuk keperluan laporan arus kas konsolidasian, kas dan                 For the purpose of the consolidated statement of cash
          setara kas terdiri dari kas dan bank dan deposito                       flows, cash and cash equivalents consist of cash on hand
          berjangka sebagaimana yang didefinisikan di atas, setelah               and in banks and time deposits as defined above, net of
          dikurangi dengan cerukan yang belum dilunasi, jika ada.                 outstanding overdraft, if any.
Page 405
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                       Ekshibit E/30                                                            Exhibit E/30


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       g. Instrumen Keuangan                                                g. Financial Instruments

          Instrumen keuangan adalah setiap kontrak yang                        A financial instrument is any contract that gives rise to a
          menambah nilai aset keuangan bagi satu entitas dan                   financial asset of one entity and a financial liability or
          liabilitas keuangan atau ekuitas bagi entitas lain.                  equity instrument of another entity.

          Aset Keuangan                                                        Financial Assets

          Pengakuan dan Pengukuran Awal                                        Initial Recognition and Measurement

          Pada pengakuan awal, Grup mengukur aset keuangan pada                At initial recognition, the Group measures a financial
          nilai wajarnya ditambah biaya transaksi, dalam hal aset              asset at its fair value plus transaction costs, in the case
          keuangan tidak diukur pada nilai wajar melalui laba rugi             of a financial asset not at fair value through profit or loss
          (“NWLR”). Piutang usaha yang tidak mengandung                        (“FVTPL”). Trade receivables that do not contain a
          komponen pembiayaan yang signifikan, dimana Grup telah               significant financing component, for which the Group has
          menerapkan cara praktis, yaitu diukur pada harga                     applied the practical expedient are measured at the
          transaksi yang ditentukan sesuai PSAK 115, seperti                   transaction price determined under PSAK 115, as
          diungkapkan pada Catatan 2p.                                         disclosed in Note 2p.

          Agar aset keuangan diklasifikasikan dan diukur pada biaya            In order for a financial asset to be classified and
          perolehan diamortisasi atau NWPKL, aset keuangan harus               measured at amortized cost or FVOCI, it needs to give rise
          menghasilkan arus kas yang semata dari pembayaran                    to cash flows that are ‘solely payments of principal and
          pokok dan bunga (“SPPB”) dari jumlah pokok terutang.                 interest (“SPPI”)’ on the principal amount outstanding.
          Penilaian ini disebut sebagai uji SPPB dan dilakukan pada            This assessment is referred to as the SPPI test and is
          tingkat instrumen.                                                   performed at an instrument level.

          Model bisnis Grup untuk mengelola aset keuangan                      The Group’s business model for managing financial assets
          mengacu pada bagaimana mereka mengelola aset                         refers to how it manages its financial assets in order to
          keuangannya untuk menghasilkan arus kas. Model bisnis                generate cash flows. The business model determines
          menentukan apakah arus kas akan dihasilkan dari                      whether cash flows will result from collecting contractual
          penerimaan arus kas kontraktual, penjualan aset                      cash flows, selling the financial assets, or both.
          keuangan, atau keduanya.

          Pengukuran Selanjutnya                                               Subsequent Measurement

          Untuk tujuan pengukuran selanjutnya, aset keuangan                   For purposes of subsequent measurement, financial
          diklasifikasikan dalam empat kategori:                               assets are classified in four categories:
           Aset keuangan pada biaya perolehan diamortisasi                     Financial assets at amortized cost (debt instruments),
              (instrumen utang),
           Aset keuangan pada NWPKL dengan pendauran laba                        Financial assets at FVOCI with recycling of cumulative
              dan rugi kumulatif (instrumen utang),                                gains and losses (debt instruments),
           Aset keuangan pada NWPKL tanpa pendauran laba dan                     Financial assets designated at FVOCI with no recycling
              rugi kumulatif setelah penghentian pengakuan                         of cumulative gains and losses upon derecognition
              (instrumen ekuitas); dan                                             (equity instruments); and
           Nilai wajar melalui laba rugi (NWLR).                                 Fair value through profit or loss (FVTPL).

          Pengukuran selanjutnya dari aset keuangan tergantung                 The subsequent measurement of financial assets depends
          kepada klasifikasi masing-masing aset keuangan seperti               on their classification as described below:
          berikut ini:

          Aset Keuangan pada       Biaya   Perolehan    Diamortisasi           Financial Assets at Amortized Cost (Debt Instruments)
          (Instrumen Utang)

          Grup mengukur aset keuangan pada biaya perolehan                    The Group measures financial assets at amortized cost if
          diamortisasi jika kedua kondisi berikut terpenuhi:                  both of the following conditions are met:
             Aset keuangan dimiliki dalam model bisnis dengan                 The financial asset is held within a business model
              tujuan untuk memiliki aset keuangan dalam rangka                    with the objective to hold financial assets in order to
              mendapatkan arus kas kontraktual, dan                               collect contractual cash flows, and
             Persyaratan kontraktual dari aset keuangan                       The contractual terms of the financial asset give rise
              menghasilkan arus kas pada tanggal tertentu yang                    on specified dates to cash flows that are SPPI on the
              merupakan SPPB dari jumlah pokok terutang.                          principal amount outstanding.
Page 406
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                      Ekshibit E/31                                                             Exhibit E/31


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       g. Instrumen Keuangan (Lanjutan)                                     g. Financial Instruments (Continued)

          Aset Keuangan (Lanjutan)                                             Financial Assets (Continued)

          Pengukuran Selanjutnya (Lanjutan)                                    Subsequent Measurement (Continued)

          Aset Keuangan pada Biaya Perolehan Diamortisasi (Instrumen           Financial Assets at Amortized Cost (Debt Instruments)
          Utang) (Lanjutan)                                                    (Continued)

          Aset keuangan yang diukur pada biaya perolehan                       The Group’s financial assets at amortized cost are
          diamortisasi selanjutnya diukur dengan menggunakan                   subsequently measured using the effective interest
          metode suku bunga efektif (“SBE”) dan menjadi subjek                 (“EIR”) method and are subject to impairment. Gains and
          penurunan nilai. Keuntungan dan kerugian diakui dalam                losses are recognizedin profit or loss when the asset is
          laba rugi pada saat aset dihentikan pengakuannya,                    derecognized, modified or impaired.
          dimodifikasi atau diturunkan nilainya.

          Aset keuangan Grup yang diukur pada biaya perolehan                  The Group’s financial assets at amortized cost includes
          diamortisasi termasuk kas dan setara kas, piutang usaha              cash and cash equivalents, trade and other receivables,
          dan lain-lain, dan aset keuangan tidak lancar lainnya.               and other non-current financial assets.

          Aset Keuangan yang Ditetapkan pada Nilai Wajar melalui               Financial Assets Designated at Fair Value through OCI
          OCI (Instrumen Ekuitas)                                              (Equity Instruments)

          Setelah pengakuan awal, Grup dapat memilih untuk                     Upon initial recognition, the Group can elect to classify
          mengklasifikasikan investasi ekuitasnya yang tidak dapat             irrevocably its equity investments as equity instruments
          ditarik kembali sebagai instrumen ekuitas yang ditetapkan            designated at fair value through OCI when they meet the
          pada nilai wajar melalui OCI jika definisi ekuitas                   definition of equity under PSAK 232: Financial
          berdasarkan PSAK 232: Instrumen Keuangan: Penyajian                  Instruments: Presentation and are not held for trading.
          dan tidak dimiliki untuk diperdagangkan memenuhi                     The classification is determined on an instrument-by-
          definisi tersebut. Klasifikasi ditentukan berdasarkan                instrument basis.
          instrumen per instrumen.

          Keuntungan dan kerugian dari aset keuangan ini tidak                 Gains and losses on these financial assets are never
          pernah didaur ulang menjadi keuntungan atau kerugian.                recycled to profit or loss. Dividends are recognised as
          Dividen diakui sebagai pendapatan lain-lain dalam laporan            other income in the statement of profit or loss when the
          laba rugi pada saat hak pembayaran telah ditetapkan,                 right of payment has been established, except when the
          kecuali jika Grup mendapatkan keuntungan dari hasil                  Group benefits from such proceeds as a recovery of part
          tersebut sebagai pemulihan sebagian biaya perolehan aset             of the cost of the financial asset, in which case, such gains
          keuangan, dalam hal ini, keuntungan tersebut adalah                  are recorded in OCI. Equity instruments designated at fair
          tercatat di OCI. Instrumen ekuitas yang ditetapkan pada              value through OCI are not subject to impairment
          nilai wajar melalui OCI tidak tunduk pada penilaian                  assessment.
          penurunan nilai.

          Grup memilih untuk mengklasifikasikan investasi ekuitas              The Group selected to classify irrevocably its non-listed
          yang tidak terdaftar dalam kategori ini yang tidak dapat             equity investments under this category.
          dibatalkan.

          Aset keuangan Grup yang ditetapkan pada nilai wajar                  The Group financial assets designated at fair value
          melalui OCI (instrumen ekuitas) adalah investasi pada                through OCI (equity instruments) is investment in share
          saham yang dicatat sebagai bagian dari “Aset Keuangan                recorded as part of “Other Non-current Financial Assets”.
          Tidak Lancar Lainnya”.
Page 407
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/32                                                              Exhibit E/32


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       g. Instrumen Keuangan (Lanjutan)                                      g. Financial Instruments (Continued)

          Aset Keuangan (Lanjutan)                                              Financial Assets (Continued)

          Penghentian Pengakuan                                                 Derecognition

          Aset keuangan (atau, sesuai dengan kondisinya, bagian                 A financial asset (or, where applicable, a part of a
          dari aset keuangan atau bagian dari kelompok aset                     financial asset or part of a group of similar financial
          keuangan serupa) terutama dihentikan pengakuannya                     assets) is primarily derecognized (i.e., removed from the
          (yaitu, dihapuskan dari laporan posisi keuangan                       Group’s consolidated statement of financial position)
          konsolidasian Grup) ketika:                                           when:
           Hak untuk menerima arus kas dari aset telah berakhir;                The rights to receive cash flows from the asset have
              atau                                                                  expired; or
           Grup telah mengalihkan haknya untuk menerima arus                    The Group has transferred its rights to receive cash
              kas dari aset atau menanggung kewajiban untuk                         flows from the asset or has assumed an obligation to
              membayar arus kas yang diterima tersebut secara                       pay the received cash flows in full without material
              penuh tanpa penundaan yang material kepada pihak                      delay to a third party under a ‘pass-through’
              ketiga berdasarkan kesepakatan ‘pass-through’, dan                    arrangement; and either (a) the Group has
              salah satu dari (a) Grup telah mengalihkan secara                     transferred substantially all the risks and rewards of
              substansial seluruh risiko dan manfaat atas aset, atau                the asset, or (b) the Group has neither transferred
              (b) Grup tidak mengalihkan maupun tidak memiliki                      nor retained substantially all the risks and rewards of
              secara substansial atas seluruh risiko dan manfaat atas               the asset, but has transferred control of the asset
              aset, tetapi telah mengalihkan kendali atas aset.

          Ketika Grup telah mengalihkan haknya untuk menerima                   When the Group has transferred its rights to receive cash
          arus kas dari suatu aset atau telah menandatangani                    flows from an asset or has entered into a pass-through
          kesepakatan ‘pass-through’, Grup mengevaluasi jika, dan               arrangement, it evaluates if, and to what extent, it has
          sejauh mana, Grup masih mempertahankan risiko dan                     retained the risks and rewards of ownership. When it has
          manfaat atas kepemilikan aset. Ketika Grup tidak                      neither transferred nor retained substantially all of the
          mengalihkan maupun seluruh risiko dan manfaat atas aset               risks and rewards of the asset, nor transferred control of
          dipertahankan secara substansial, maupun tidak                        the asset, the Group continues to recognize the
          mengalihkan kendali atas aset, Grup tetap mengakui aset               transferred asset to the extent of its continuing
          yang dialihkan sebesar keterlibatan berkelanjutannya.                 involvement. In that case, the Group also recognizes an
          Dalam kasus tersebut, Grup juga mengakui liabilitas                   associated liability. The transferred asset and the
          terkait. Aset yang dialihkan dan liabilitas terkait diukur            associated liability are measured on a basis that reflects
          dengan basis yang mencerminkan hak dan kewajiban yang                 the rights and obligations that the Group has retained.
          masih dipertahankan oleh Grup.

          Keterlibatan berkelanjutan dalam bentuk jaminan atas                  Continuing involvement that takes the form of a
          aset yang ditransfer, diukur pada nilai yang lebih rendah             guarantee over the transferred asset is measured at the
          antara jumlah tercatat awal aset dan jumlah maksimum                  lower of the original carrying amount of the asset and the
          imbalan yang dibutuhkan oleh Grup untuk membayar                      maximum amount of consideration that the Group could
          kembali.                                                              be required to repay.

          Penurunan Nilai Aset Keuangan                                         Impairment of Financial Assets

          Grup mengakui penyisihan Kerugian Kredit Ekspektasian                 The Group recognizes an allowance for expected credit
          (”KKE”) untuk semua instrumen utang yang bukan diukur                 losses (“ECL”) for all debt instruments not held at FVTPL
          pada NWLR dan kontrak jaminan keuangan. KKE                           and financial guarantee contracts. ECLs are based on the
          ditentukan atas perbedaan antara arus kas kontraktual                 difference between the contractual cash flows due in
          menurut kontrak dan semua arus kas yang diharapkan                    accordance with the contract and all the cash flows that
          akan diterima oleh Grup, yang didiskontokan dengan                    the Group expects to receive, discounted at an
          perkiraan SBE orisinal. Arus kas yang diharapkan                      approximation of the original EIR. The expected cash
          mencakup setiap arus kas dari penjualan agunan yang                   flows include any cash flows from the sale of collateral
          dimiliki atau perbaikan kredit lainnya yang merupakan                 held or other credit enhancements that are integral to
          bagian yang tidak terpisahkan dalam ketentuan kontrak.                the contractual terms.
Page 408
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/33                                                              Exhibit E/33


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       g. Instrumen Keuangan (Lanjutan)                                      g. Financial Instruments (Continued)

          Aset Keuangan (Lanjutan)                                              Financial Assets (Continued)

          Penurunan Nilai Aset Keuangan (Lanjutan)                              Impairment of Financial Assets (Continued)

          KKE diakui dalam dua tahap. Bila belum terdapat                       ECLs are recognized in two stages. When there have been
          peningkatan risiko kredit signifikan sejak pengakuan awal,            significant increases in credit risks since initial
          KKE diakui untuk kerugian kredit yang dihasilkan dari                 recognition, ECLs are provided for credit losses that
          peristiwa gagal bayar yang mungkin terjadi dalam jangka               result from default events that are possible within the
          waktu 12 bulan ke depan (KKE 12 bulan). Namun, bila                   next 12-months (a 12-month ECL). But, when there have
          telah terdapat peningkatan signifikan risiko kredit sejak             been significant increases in credit risks since initial
          pengakuan awal, penyisihan kerugian diakui untuk                      recognition, a loss allowance is recognized for credit
          kerugian kredit yang diperkirakan selama sisa umur aset,              losses expected over the remaining life of the asset,
          tanpa mempertimbangkan waktu gagal bayar (KKE                         irrespective of timing of the default (a lifetime ECL).
          sepanjang umurnya).

          Karena aset kontrak, piutang usaha dan piutang lain-                  Because its contract assets, trade and other receivables
          lainnya tidak memiliki komponen pembiayaan signifikan,                do not contain significant financing component, the
          Grup menerapkan pendekatan yang disederhanakan                        Group applies a simplified approach in calculating ECL.
          dalam perhitungan KKE. Oleh karena itu, Grup tidak                    Therefore, the Group does not track changes in credit
          menelurusi perubahan dalam risiko kredit, namun justru                risk, but instead recognizes a loss allowance based on
          mengakui penyisihan kerugian berdasarkan KKE sepanjang                lifetime ECL at each reporting date. The Group
          umurnya pada setiap tanggal pelaporan. Grup membentuk                 established a provision matrix that is based on its
          matriks provisi berdasarkan pengalaman kerugian kredit                historical credit loss experience, adjusted for forward-
          masa lampau, disesuaikan dengan perkiraan masa depan                  looking factors specific to the debtors and the economic
          (forward-looking) atas faktor yang spesifik untuk debitur             environment.
          dan lingkungan ekonomi.

          Liabilitas Keuangan                                                   Financial Liabilities

          Pengakuan dan Pengukuran Awal                                         Initial Recognition and Measurement

          Liabilitas keuangan diklasifikasikan, pada pengakuan                  Financial liabilities are classified, at initial recognition,
          awal, sebagai liabilitas keuangan yang diukur pada nilai              as financial liabilities at fair value through profit or loss,
          wajar melalui laporan laba rugi, pinjaman dan pinjaman,               loans and borrowings, payables, or as derivatives
          utang, atau derivatif yang ditetapkan sebagai instrumen               designated as hedging instruments in an effective hedge,
          lindung nilai dalam lindung nilai yang efektif, jika sesuai           as appropriate.

          Semua liabilitas keuangan pada awalnya diakui pada nilai              All financial liabilities are recognized initially at fair
          wajar dan, untuk pinjaman dan pinjaman dan hutang,                    value and, in the case of loans and borrowings and
          setelah dikurangi biaya transaksi yang dapat diatribusikan            payables, net of directly attributable transaction costs.
          secara langsung.

          Liabilitas keuangan Grup meliputi utang bank jangka                   The Group’s financial liabilities include short-term bank
          pendek, utang usaha, utang lain-lain, beban akrual,                   loans, trade payables, other payables, accrued expenses,
          liabilitas imbalan kerja jangka pendek, dan utang jangka              short-term employee benefits liability, and long-term
          panjang.                                                              debts.
Page 409
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/34                                                              Exhibit E/34


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       g. Instrumen Keuangan (Lanjutan)                                      g. Financial Instruments (Continued)

          Liabilitas Keuangan (Lanjutan)                                        Financial Liabilities (Continued)

          Pengukuran Selanjutnya                                                Subsequent Measurement

          Pengukuran liabilitas keuangan bergantung pada                        The measurement of financial liabilities depends on their
          klasifikasinya, seperti yang dijelaskan di bawah ini:                 classification, as described below:

          Liabilitas Keuangan pada Biaya Perolehan Diamortisasi                 Financial Liabilities at Amortized Cost (Loans and
          (Utang dan Pinjaman)                                                  Borrowings)

          i)   Utang dan Pinjaman Jangka Panjang yang Dikenakan                 i) Long-term Interest-bearing Loans and Borrowings
               Bunga

               Setelah pengakuan awal, utang dan pinjaman jangka                    Subsequent to initial recognition, long-term interest-
               panjang yang berbunga diukur pada biaya perolehan                    bearing loans and borrowings are measured at
               yang diamortisasi dengan menggunakan metode SBE.                     amortized acquisition costs using EIR method. At the
               Pada tanggal pelaporan, biaya bunga yang masih harus                 reporting dates, accrued interest is recorded
               dibayar dicatat secara terpisah, dari pokok pinjaman                 separately from the associated borrowings within the
               terkait, dalam bagian liabilitas jangka pendek.                      current liabilities section. Gains and losses are
               Keuntungan dan kerugian diakui pada laba rugi ketika                 recognized in the profit or loss when the liabilities
               liabilitas dihentikan pengakuannya maupun melalui                    are derecognized as well as through the EIR
               proses amortisasi menggunakan metode SBE.                            amortization process.

               Biaya amortisasi dihitung dengan mempertimbangkan                    Amortized cost is calculated by taking into account
               setiap diskonto atau premium atas akusisi dan komisi                 any discount or premium on acquisition and fees or
               atau biaya yang merupakan bagian tidak terpisahkan                   costs that are an integral part of the EIR. The EIR
               dari SBE. Amortisasi SBE dicatat sebagai beban                       amortization is included in finance costs in the profit
               keuangan pada laba rugi.                                             or loss.

          ii) Utang dan Akrual                                                  ii) Payables and Accruals

               Liabilitas    untuk    utang    usaha    dan    utang                Liabilities for current trade and other accounts
               lain-lain jangka pendek, biaya masih harus dibayar                   payable, accrued expenses and short-term employee
               dan liabilitas imbalan kerja jangka pendek dinyatakan                benefit liability are stated at carrying amounts
               sebesar jumlah tercatat (jumlah nosional), yang                      (notional amounts), which approximate their fair
               kurang lebih sebesar nilai wajarnya.                                 values.

          Penghentian Pengakuan                                                 Derecognition

          Suatu liabilitas keuangan dihentikan pengakuannya pada                A financial liability is derecognized when the obligation
          saat kewajiban yang ditetapkan dalam kontrak berakhir                 under the contract is discharged or cancelled or expires.
          atau dibatalkan atau kedaluwarsa.

          Ketika sebuah liabilitas keuangan ditukar dengan liabilitas           When an existing financial liability is replaced by another
          keuangan lain dari pemberi pinjaman yang sama atas                    from the same lender on substantially different terms, or
          persyaratan yang secara substansial berbeda, atau bila                the terms of an existing liability are substantially
          persyaratan dari liabilitas keuangan tersebut secara                  modified, such an exchange or modification is treated as
          substansial dimodifikasi, pertukaran atau modifikasi                  derecognition of the original liability and recognition of
          persyaratan tersebut dicatat sebagai penghentian                      a new liability, and the difference in the respective
          pengakuan liabilitas keuangan orisinal dan pengakuan                  carrying amounts is recognized in the profit or loss.
          liabilitas keuangan baru, dan selisih antara nilai tercatat
          masing-masing liabilitas keuangan tersebut diakui pada
          laba rugi.
Page 410
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                        Ekshibit E/35                                                               Exhibit E/35


                   PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                     31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                   2.   SUMMARY    OF    MATERIAL              ACCOUNTING             POLICIES
       (Lanjutan)                                                             INFORMATION (Continued)

       g. Instrumen Keuangan (Lanjutan)                                       g. Financial Instruments (Continued)

            Liabilitas Keuangan (Lanjutan)                                         Financial Liabilities (Continued)

            Saling Hapus Instrumen Keuangan                                        Offsetting of Financial Instruments

            Aset keuangan dan liabilitas keuangan disaling hapuskan                Financial assets and financial liabilities are offset, and
            dan nilai netonya disajikan dalam laporan posisi keuangan              the net amount reported in the consolidated statement
            konsolidasian jika, dan hanya jika, terdapat hak secara                of financial position if, and only if, there is a currently
            hukum untuk melakukan saling hapus atas jumlah tercatat                enforceable legal right to offset the recognized amounts
            dari aset keuangan dan liabilitas keuangan tersebut dan                and there is an intention to settle on a net basis, or to
            terdapat intensi untuk menyelesaikan secara neto, atau                 realize the assets and settle the liabilities
            untuk merealisasikan aset dan menyelesaikan liabilitas                 simultaneously.
            secara bersamaan.

       h. Transaksi dengan Pihak Berelasi                                     h. Transactions with Related Parties

            Grup mempunyai transaksi dengan pihak-pihak berelasi                   The Group has transactions with related parties as
            sebagaimana didefinisikan pada PSAK 224: Pengungkapan                  defined in PSAK 224: Related party disclosures.
            pihak-pihak berelasi.

            Transaksi dengan pihak-pihak berelasi dilakukan                        Transactions with related parties are made based on
            berdasarkan persyaratan yang disetujui oleh kedua belah                terms agreed by the parties, in which such terms may not
            pihak, dimana persyaratan tersebut mungkin tidak sama                  be the same as those of the transactions between
            dengan transaksi lain yang dilakukan dengan pihak-pihak                unrelated parties.
            yang tidak berelasi.

            Seluruh transaksi dan saldo yang material dengan pihak-                All significant transactions and balances with related
            pihak berelasi diungkapkan dalam Catatan 33 atas laporan               parties are disclosed in Note 33 to the consolidated
            keuangan konsolidasian yang relevan.                                   financial statements.

       i.   Persediaan                                                        i.   Inventories

            Persediaan dinyatakan sebesar nilai yang lebih rendah                  Inventories are stated at the lower of cost or net
            antara biaya perolehan atau nilai realisasi neto. Nilai                realizable value. Net realizable value is the estimated
            realisasi neto persediaan adalah estimasi harga jual dalam             selling price in the ordinary course of business, less
            kegiatan usaha biasa dikurangi estimasi biaya                          estimated cost of completion and the estimated cost
            penyelesaian dan estimasi biaya yang diperlukan untuk                  necessary to make the sale. The costs of the Group’s
            membuat penjualan. Biaya perolehan persediaan telepon                  cellular phones, tablet, computer and other electronic
            selular, tablet, komputer dan peralatan elektronik lainnya             devices inventories are determined by the specific
            milik Grup ditentukan dengan menggunakan metode                        identification method. The costs of other inventories
            identifikasi khusus. Biaya perolehan untuk persediaan lain             such as starterpacks, spareparts, vouchers, and
            seperti kartu perdana, suku cadang, voucher, dan                       accessories are determined using the “first-in, first-out”
            aksesoris ditentukan menggunakan metode “masuk                         (“FIFO”) method. The costs of certain subsidiaries’
            pertama, keluar pertama” (“FIFO”). Biaya perolehan                     inventories are fully determined using the FIFO method
            untuk persediaan entitas anak tertentu sepenuhnya                      due to limitation of subsidiary’s system for supporting
            menggunakan metode FIFO dikarenakan keterbatasan                       specific inventory identification method.
            sistem entitas anak tersebut untuk mendukung
            pengidentifikasian persediaan secara spesifik.

            Grup menetapkan penyisihan untuk nilai realisasi neto                  The Group provides allowance for net realizable value of
            persediaan berdasarkan hasil penelaahan berkala atas                   inventories based on periodic reviews of the physical
            kondisi fisik dan nilai realisasi neto persediaan.                     conditions and net realizable values of the inventories.
Page 411
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/36                                                              Exhibit E/36


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       j. Investasi pada Entitas Asosiasi dan Ventura Bersama                j. Investment in Associates and Joint Ventures

          Entitas asosiasi adalah entitas yang terhadapnya Grup                 An associate is an entity over which the Group has
          memiliki pengaruh signifikan. Pengaruh signifikan adalah              significant influence. Significant influence is the power
          kekuasaan untuk berpartisipasi dalam keputusan                        to participate in the financial and policy decisions of the
          kebijakan keuangan dan operasional investee, tetapi                   investee, but is not control or joint control over those
          tidak mengendalikan atau mengendalikan bersama atas                   policies.
          kebijakan tersebut.

          Pertimbangan yang dibuat dalam menentukan pengaruh                    The considerations made in determining significant
          signifikan adalah serupa dengan hal-hal yang diperlukan               influence are similar to those necessary to determine
          dalam menentukan kendali atas entitas anak.                           control over subsidiaries.

          Laporan keuangan entitas asosiasi disusun atas periode                The financial statements of the associate are prepared
          pelaporan yang sama dengan Grup.                                      for the same reporting period of the Group.

          Setelah penerapan metode ekuitas, Grup menentukan                     After application of the equity method, the Group
          apakah diperlukan untuk mengakui tambahan rugi                        determines whether it is necessary to recognize an
          penurunan nilai atas investasi Grup dalam entitas asosiasi.           additional impairment loss on the Group’s investment in
          Grup menentukan pada setiap tanggal pelaporan apakah                  its associate. The Group determines at each reporting
          terdapat bukti yang obyektif yang mengindikasikan bahwa               date whether there is any objective evidence that the
          investasi dalam entitas asosiasi mengalami penurunan                  investment in the associate is impaired. If this is the case,
          nilai. Dalam hal ini, Grup menghitung jumlah penurunan                the Group calculates the amount of impairment as the
          nilai berdasarkan selisih antara jumlah terpulihkan atas              difference between the recoverable amount of the
          investasi dalam entitas asosiasi dan nilai tercatatnya dan            investment in associate and its carrying value, and
          mengakuinya dalam laba rugi.                                          recognizes the amount in profit or loss.

          Pada saat kehilangan pengaruh signifikan atas entitas                 Upon loss of significant influence over the associate, the
          asosiasi, Grup mengukur dan mengakui bagian investasi                 Group measures and recognizes any retained investment
          tersisa pada nilai wajar. Selisih antara nilai tercatat               at its fair value. Any difference between the carrying
          entitas asosiasi dan nilai wajar investasi yang tersisa dan           amount of the associate and the fair value of the retained
          penerimaan dari pelepasan investasi diakui pada laba                  investment and proceeds from disposal is recognized in
          rugi.                                                                 profit or loss.

       k. Sewa                                                               k. Leases

          Grup menilai pada saat insepsi kontrak apabila kontrak                The Group assess at contract inception whether a
          tersebut adalah, atau mengandung, sewa. Yaitu, bila                   contract is, or contains, a lease. That is, if the contract
          kontrak tersebut memberikan hak untuk mengendalikan                   conveys the right to control the use of an identified asset
          penggunaan aset identifikasian selama suatu jangka                    for a period of time in exchange for consideration.
          waktu untuk dipertukarkan dengan imbalan.

          Grup sebagai Lessee                                                   The Group as a Lessee

          Grup menerapkan satu pendekatan pengakuan dan                         The Group applies a single recognition and measurement
          pengukuran tunggal bagi seluruh sewa, kecuali untuk sewa              approach for all leases, except for short-term leases and
          jangka pendek dan sewa aset pendasarnya bernilai                      leases of low-value assets. The Group recognizes lease
          rendah. Grup mengakui liabilitas sewa untuk melakukan                 liabilities to make lease payments and right of use assets
          pembayaran sewa dan aset hak-guna yang merupakan hak                  representing the right to use the underlying assets.
          untuk menggunakan aset pendasar.
Page 412
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/37                                                             Exhibit E/37


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                          INFORMATION (Continued)

       k. Sewa (Lanjutan)                                                  k. Leases (Continued)

          Aset Hak-Guna                                                       Right-of-Use Assets

          Grup mengakui aset hak-guna pada tanggal dimulainya                 The Group recognizes right of use assets at the
          sewa (yaitu tanggal aset tersedia untuk digunakan). Aset            commencement date of the lease (i.e., the date the
          hak-guna diukur pada harga perolehan, dikurangi                     underlying asset is available for use). Right-of-use assets
          akumulasi penyusutan dan penurunan nilai, dan                       are measured at cost, less any accumulated depreciation
          disesuaikan untuk setiap pengukuran kembali liabilitas              and impairment losses, and adjusted for any
          sewa. Biaya perolehan aset hak-guna mencakup jumlah                 remeasurement of lease liabilities. The cost of right-of-
          liabilitas sewa yang diakui, biaya langsung yang timbul             use assets includes the amount of lease liabilities
          diawal, dan pembayaran sewa yang dilakukan pada atau                recognized, initial direct costs incurred, and lease
          sebelum tanggal mulai dikurangi setiap insentif sewa yang           payments made at or before the commencement date less
          diterima. Aset hak-guna disusutkan dengan metode garis              any lease incentives received. Right-of-use assets are
          lurus selama periode masa sewa.                                     depreciated on a straight-line basis over the lease term.

          Jika kepemilikan aset sewaan beralih ke Grup pada akhir             If ownership of the leased asset transfers to the Group at
          masa sewa atau biaya perolehan mencerminkan                         the end of the lease term or the cost reflects the exercise
          pelaksanaan opsi beli, penyusutan dihitung dengan                   of a purchase option, depreciation is calculated using the
          menggunakan estimasi masa manfaat aset.                             estimated useful live of the assets.

          Liabilitas Sewa                                                     Lease Liabilities

          Pada tanggal dimulainya sewa, Grup mengakui liabilitas              At the commencement date of the lease, the Group
          sewa yang diukur pada nilai kini pembayaran sewa yang               recognizes lease liabilities measured at the present value
          harus dilakukan selama masa sewa.                                   of lease payments to be made over the lease term.

          Pembayaran sewa mencakup pembayaran tetap (termasuk                 The lease payments include fixed payments (including in-
          pembayaran tetap secara substansi) dikurangi piutang                substance fixed payments) less any lease incentives
          insentif sewa, pembayaran sewa variabel yang bergantung             receivable, variable lease payments that depend on an
          pada indeks atau tarif, dan jumlah yang diharapkan akan             index or a rate, and amounts expected to be paid under
          dibayar dibawah jaminan nilai residu. Pembayaran sewa               residual value guarantees. The lease payments also
          juga mencakup harga pelaksanaan dari opsi beli yang                 include the exercise price of a purchase option reasonably
          cukup pasti akan dilaksanakan oleh Grup, dan pembayaran             certain to be exercised by the Group and payments of
          denda untuk penghentian sewa, jika masa sewa                        penalties for terminating the lease, if the lease term
          merefleksikan     Grup    melaksanakan     opsi   untuk             reflects the Group exercising the option to terminate.
          menghentikan sewa. Pembayaran sewa variabel yang                    Variable lease payments that do not depend on an index
          tidak bergantung pada indeks atau tarif diakui sebagai              or a rate are recognized as expenses (unless they are
          beban (kecuali terjadi untuk menghasilkan persediaan)               incurred to produce inventories) in the period in which
          pada periode di mana peristiwa atau kondisi yang memicu             the event or condition that triggers the payment occurs.
          terjadinya pembayaran.

          Dalam menghitung nilai kini pembayaran sewa, Grup                   In calculating the present value of lease payments, the
          menggunakan Suku Bunga Pinjaman Inkremental (“SBPI”)                Group uses its Incremental Borrowing Rate (“IBR”) at the
          pada tanggal permulaan sewa karena suku bunga implisit              lease commencement date because the interest rate
          dalam sewa tidak dapat segera ditentukan. Setelah                   implicit in the lease is not readily determinable. After
          tanggal permulaan, jumlah liabilitas sewa ditingkatkan              the commencement date, the amount of lease liabilities
          untuk merefleksikan akresi bunga (atas efek diskonto) dan           is increased to reflect the accretion of interest and
          mengurangi pembayaran sewa yang dilakukan. Selain itu,              reduced for the lease payments made. In addition, the
          nilai tercatat liabilitas sewa diukur kembali jika ada              carrying amount of lease liabilities is remeasured if there
          modifikasi,    perubahan     masa    sewa,     perubahan            is a modification, a change in the lease term, a change in
          pembayaran sewa (misalnya, perubahan pembayaran                     the lease payments (e.g., changes to future payments
          masa depan akibat perubahan indeks atau kurs yang                   resulting from a change in an index or rate used to
          digunakan untuk pembayaran sewa) atau perubahan                     determine such lease payments) or a change in the
          penilaian opsi untuk membeli aset pendasar.                         assessment of an option to purchase the underlying asset.
Page 413
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                      Ekshibit E/38                                                               Exhibit E/38


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL              ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       k. Sewa (Lanjutan)                                                   k. Leases (Continued)

            Grup sebagai Lessor                                                  The Group as a Lessor

            Sewa di mana Grup tidak mengalihkan secara substansial               Leases in which the Group does not transfer substantially
            seluruh risiko dan manfaat yang terkait dengan                       all the risks and rewards incidental to ownership of an
            kepemilikan suatu aset diklasifikasikan sebagai sewa                 asset are classified as operating leases. Rental income
            operasi. Pendapatan sewa yang timbul dicatat dengan                  arising is accounted for on a straight-line basis over the
            metode garis lurus selama masa sewa dan dimasukkan                   lease terms and is included in revenue in the consolidated
            dalam pendapatan dalam laporan laba rugi dan                         statement of profit or loss and other comprehensive
            penghasilan komprehensif lain konsolidasian karena sifat             income due to its operating nature. Initial direct costs
            operasinya. Biaya perolehan langsung awal yang timbul                incurred in negotiating and arranging an operating lease
            dalam negosiasi dan pengaturan sewa operasi                          are added to the carrying amount of the leased asset and
            ditambahkan ke nilai tercatat aset sewaan dan diakui                 recognized over the lease term on the same basis as
            selama masa sewa atas dasar yang sama dengan                         rental income. Contingent rents are recognized as
            pendapatan sewa. Sewa kontinjensi diakui sebagai                     revenue in the period in which they are earned.
            pendapatan pada periode di mana sewa kontijensi
            tersebut diperolehan.

       l.   Aset Tetap - Neto                                               l.   Fixed Assets - Net

            Seluruh aset tetap awalnya diakui sebesar biaya                      All fixed assets are initially recognized at cost, which
            perolehan, yang terdiri atas harga perolehan dan biaya-              comprises its purchase price and any costs directly
            biaya tambahan yang dapat diatribusikan langsung untuk               attributable in bringing the asset to the location and
            membawa aset ke lokasi dan kondisi yang diinginkan                   condition necessary for it to be capable of operating in
            supaya aset tersebut siap digunakan sesuai dengan                    the manner intended by management.
            maksud manajemen.

            Setelah pengakuan awal, aset tetap, kecuali tanah,                   Subsequent to initial recognition, fixed assets, except
            dinyatakan pada biaya perolehan dikurangi akumulasi                  land, are carried at cost less any subsequent accumulated
            penyusutan dan akumulasi rugi penurunan nilai.                       depreciation and impairment losses.

            Penyusutan aset dimulai pada saat aset tersebut siap                 Depreciation of an asset starts when it is available for its
            untuk digunakan sesuai maksud penggunaannya oleh Grup                intended use by the Group and is computed using the
            dan dihitung dengan menggunakan metode garis lurus                   straight-line method based on the estimated useful lives
            berdasarkan estimasi umur manfaat ekonomis sebagai                   of the assets as follows:
            berikut:

                                                                   Tahun/Years

            Bangunan dan prasarana                                     3 – 50                                     Building and improvements
            Kendaraan                                                  4–8                                                           Vehicles
            Mesin                                                        8                                                       Machineries
            Peralatan kantor dan outlet                                3 – 10                                    Office and outlet equipment
            Perlengkapan dan perabotan                                 4 – 10                                          Furniture and fixtures

            Nilai tercatat aset tetap direviu atas penurunan jika                The carrying amounts of fixed assets are reviewed for
            terdapat peristiwa atau perubahan keadaan yang                       impairment when events or changes in circumstances
            mengindikasikan bahwa nilai tercatat mungkin tidak dapat             indicate that the carrying values may not be fully
            seluruhnya terpulihkan.                                              recoverable.
Page 414
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                      Ekshibit E/39                                                               Exhibit E/39


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL              ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       l.   Aset Tetap – Neto (Lanjutan)                                    l.   Fixed Assets – Net (Continued)

            Jumlah tercatat komponen dari suatu aset tetap                       The carrying amount of an item of these assets is
            dihentikan pengakuannya pada saat dilepaskan atau saat               derecognized upon disposal or when no future economic
            tidak ada lagi manfaat ekonomi masa depan yang                       benefits are expected from its use or disposal. Any gain
            diharapkan dari penggunaan atau pelepasannya.                        or loss arising on derecognition of the asset (calculated
            Keuntungan atau kerugian yang timbul dari penghentian                as the difference between the net disposal proceeds and
            pengakuan aset (ditentukan sebesar selisih antara jumlah             the carrying amount of the asset) is included in the
            hasil pelepasan neto dan jumlah tercatatnya aset)                    consolidated statement of profit or loss and other
            dimasukkan dalam laporan laba rugi dan penghasilan                   comprehensive income in the year the asset is
            komprehensif lain konsolidasian pada tahun aset tersebut             derecognized.
            dihentikan pengakuannya.

            Pada setiap akhir tahun, nilai residu, umur manfaat dan              The assets’ residual values, useful lives and methods of
            metode penyusutan direviu, dan jika diperlukan                       depreciation are reviewd, and adjusted prospectively if
            disesuaikan secara prospektif.                                       appropriate, at each financial year end.

            Aset tetap dalam penyelesaian dicatat sebesar biaya                  Constructions in-progress are stated at cost, including
            perolehan, yang mencakup kapitalisasi beban pinjaman                 capitalized borrowing costs and other charges incurred in
            dan biaya-biaya lainnya yang terjadi sehubungan dengan               connection with the financing of the said asset
            pendanaan aset tetap dalam penyelesaian tersebut.                    constructions. The accumulated costs will be reclassified
            Akumulasi biaya perolehan akan direklasifikasi ke akun               to the appropriate “Fixed Assets” account when the
            “Aset Tetap” yang bersangkutan pada saat aset tetap                  construction is completed. Assets under construction are
            tersebut telah selesai dikerjakan dan siap untuk                     not depreciated until they fulfill criteria for recognition
            digunakan. Aset tetap dalam penyelesaian tidak                       as fixed assets as disclosed above.
            disusutkan sampai memenuhi syarat pengakuan sebagai
            aset tetap seperti diungkapkan di atas.

            Beban pemeliharaan dan perbaikan dibebankan pada laba                Repairs and maintenance expenses are taken to the profit
            rugi dan penghasilan komprehensif lain pada saat                     or loss and other comprehensive income when they are
            terjadinya. Beban pemugaran dan penambahan dalam                     incurred. The cost of major renovation and restoration is
            jumlah besar dikapitalisasi kepada jumlah tercatat aset              included in the carrying amount of the related asset when
            terkait bila besar kemungkinan bagi Grup manfaat                     it is probable that future economic benefits in excess of
            ekonomi masa depan menjadi lebih besar dari standar                  the originally assessed standard of performance of the
            kinerja awal yang ditetapkan sebelumnya dan disusutkan               existing asset will flow to the Group and is depreciated
            sepanjang sisa masa manfaat aset terkait.                            over the remaining useful life of the related asset.

            Tanah termasuk biaya pengurusan legal hak atas tanah                 Land, including legal cost of land rights in the form of
            dalam bentuk Hak Guna Usaha (“HGU”), Hak Guna                        Right to Cultivate (“Hak Guna Usaha” or “HGU”), Right
            Bangunan (“HGB”) dan Hak Pakai (“HP”) ketika tanah                   to Build (“Hak Guna Bangunan” or “HGB”) and Right to
            diperoleh pertama kali dinyatakan sebesar biaya                      Use (“Hak Pakai” or “HP”) when the land rights were
            perolehan dan tidak diamortisasi karena manajemen                    acquired initially, is stated at cost and not amortized as
            berpendapat bahwa kemungkinan besar hak atas tanah                   the management is of the opinion that it is probable the
            tersebut dapat diperbaharui/diperpanjang pada saat                   titles of land rights can be renewed/extended upon
            masa berlakunya selesai.                                             expiration.

            Biaya pengurusan atas perpanjangan atau pembaruan                    The extension or the legal renewal costs of land rights in
            legal hak atas tanah dalam bentuk HGU, HGB dan HP                    the form of HGU, HGB and HP are deferred and amortized
            ditangguhkan dan diamortisasi yang lebih pendek antara               over the shorter between the land rights' legal life and
            umur hukum hak atas tanah dan umur ekonomi tanah, dan                the economic life of the land, and presented as part of
            disajikan sebagai bagian dari akun “Aset Tidak Lancar                “Other Non-current Assets” account in the consolidated
            Lainnya” pada laporan posisi keuangan konsolidasian.                 statement of financial position.
Page 415
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                      Ekshibit E/40                                                             Exhibit E/40


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       m. Aset Takberwujud                                                  m. Intangible Assets

          Aset takberwujud yang diperoleh secara terpisah diukur               Intangible assets acquired separately are measured on
          pada pengakuan awal sebesar biaya perolehan. Biaya                   initial recognition at cost. The cost of intangible assets
          perolehan aset takberwujud yang berasal dari kombinasi               acquired in a business combination is their fair value at
          bisnis adalah nilai wajar pada tanggal akuisisi. Setelah             the date of acquisition. Following initial recognition,
          pengakuan awal, aset takberwujud dinyatakan pada biaya               intangible assets are carried at cost less any accumulated
          perolehan dikurangi dengan akumulasi amortisasi dan                  amortisation and accumulated impairment losses, except
          akumulasi rugi penurunan nilai, kecuali untuk goodwill               for goodwill which are carried at their fair value at the
          yang dinyatakan pada nilai wajar pada tanggal akuisisi               date of acquisitions less any impairment losses.
          dengan dikurangi penurunan nilai.

          Masa manfaat aset takberwujud dinilai sebagai terbatas               The useful lives of intangible assets are assessed as either
          atau tidak terbatas. Aset takberwujud dengan umur                    finite or indefinite. Intangible assets with finite lives are
          manfaat terbatas diamortisasi sesuai umur manfaat                    amortised over the useful economic life and assessed for
          ekonomis dan diuji untuk penurunan nilai jika terdapat               impairment whenever there is an indication that the
          indikasi bahwa aset takberwujud mengalami penurunan                  intangible assets may be impaired. The amortisation
          nilai. Periode dan metode amortisasi aset takberwujud                period and the amortisation method for an intangible
          dengan umur manfaat terbatas ditelaah sekurang-                      asset with a finite useful life are reviewed at least at the
          kurangnya pada setiap akhir periode pelaporan.                       end of each reporting period. Changes in the expected
          Perubahan pada perkiraan umur manfaat atau pola                      useful life or the expected pattern of consumption of
          konsumsi manfaat ekonomi masa depan dari aset tersebut               future economic benefits embodied in the asset are
          dijadikan pertimbangan dalam mengubah periode atau                   considered to modify the amortisation period or method,
          metode amortisasi dan diperlakukan sebagai perubahan                 as appropriate, and are treated as changes in accounting
          estimasi akuntansi. Beban amortisasi aset takberwujud                estimates. The amortisation expense on intangible assets
          dengan umur manfaat terbatas dicatat sebagai beban                   with finite lives is recognised in the profit or loss as the
          pada laba rugi sesuai dengan fungsi aset takberwujud                 expense category that is consistent with the function of
          tersebut.                                                            the intangible assets.

          Aset takberwujud dengan masa manfaat tidak terbatas                  Intangible assets with indefinite useful lives are not
          tidak diamortisasi, tetapi diuji penurunan nilainya setiap           amortized, but are tested for impairment annually,
          tahun, baik secara individual maupun pada tingkat unit               either individually or at the cash-generating unit level.
          penghasil kas. Penilaian kehidupan tidak terbatas ditinjau           The assessment of indefinite life is reviewed annually to
          setiap tahun untuk menentukan apakah kehidupan tidak                 determine whether the indefinite life continues to be
          terbatas terus dapat didukung. Jika tidak, perubahan                 supportable. If not, the change in useful life from
          masa manfaat dari tidak terbatas menjadi terbatas                    indefinite to finite is made on a prospective basis.
          dilakukan secara prospektif.

          Aset takberwujud dihentikan pengakuannya pada saat                   An intangible asset is derecognized upon disposal (i.e., at
          pelepasan (yaitu, pada tanggal penerima memperoleh                   the date the recipient obtains control) or when no future
          kendali) atau ketika tidak ada manfaat ekonomi masa                  economic benefits are expected from its use or disposal.
          depan yang diharapkan dari penggunaan atau                           Any gain or loss arising upon derecognition of the asset
          pelepasannya. Keuntungan atau kerugian yang timbul dari              (calculated as the difference between the net disposal
          penghentian pengakuan aset (dihitung sebagai perbedaan               proceeds and the carrying amount of the asset) is
          antara hasil pelepasan neto dan jumlah tercatat aset)                included in the statement of profit or loss.
          dimasukkan dalam laporan laba rugi.
Page 416
                                                                                         These Consolidated Financial Statements are Originally
                                                                                                     Issued in Indonesian Language


                                                             Ekshibit E/41                                                                Exhibit E/41


                   PT ERAJAYA SWASEMBADA Tbk                                                   PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                          AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                       FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                            31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                         2.     SUMMARY    OF    MATERIAL               ACCOUNTING          POLICIES
       (Lanjutan)                                                                     INFORMATION (Continued)

       m. Aset Takberwujud (Lanjutan)                                                 m. Intangible Assets (Continued)

          Ringkasan kebijakan yang diterapkan untuk                   aset               The summary of the policies applied to the Group’s
          takberwujud milik Grup adalah sebagai berikut:                                 intangible assets are as follows:

                                                                                          Perjanjian
                                                                                        Non-Kompetisi/
                                                               Merek dan Lisensi/       Non-competing       Perangkat lunak/
                                           Goodwill            Brand and Licenses         Agreement            Software
                                                                  5-10 tahun dan
                                                                  tidak terbatas/
                                        Tidak terbatas/           5-10 years and
          Umur manfaat                     Indefinite                indefinite          5 tahun/year        3-4 tahun/year                  Useful lives
                                       Tidak diamortisasi/      Tidak diamortisasi/      Garis lurus/         Garis lurus/
          Metode amortisasi              Not amortized            Not amortized          Straight-line        Straight-line         Amortization method
          Dihasilkan secara internal    Dari pembelian/          Dari pembelian/       Dari pembelian/      Dari pembelian/         Internally generated
            atau dari pembelian            Purchased                Purchased             Purchased            Purchased                  or purchased

       n. Penurunan Nilai Aset Non-keuangan                                           n. Impairment of Non-financial Assets

          Pada setiap tanggal pelaporan, Grup menilai apakah                             The Group assesses at each reporting date whether there
          terdapat indikasi suatu aset mengalami penurunan nilai.                        is an indication that an asset may be impaired. If any such
          Jika terdapat indikasi tersebut atau pada saat pengujian                       indication exists or when annual impairment testing for
          penurunan nilai aset (yaitu aset takberwujud dengan umur                       an asset (i.e. an intangible asset with an indefinite useful
          manfaat tidak terbatas, aset takberwujud yang belum                            life, an intangible asset not yet available for use, or
          dapat digunakan, atau goodwill yang diperoleh dalam                            goodwill acquired in a business combination) is required,
          suatu kombinasi bisnis) diperlukan, maka Grup membuat                          the Group makes an estimate of the asset’s recoverable
          estimasi formal jumlah terpulihkan aset tersebut.                              amount.

          Jumlah terpulihkan yang ditentukan untuk aset individual                       An asset’s recoverable amount is the higher of the asset’s
          adalah jumlah yang lebih tinggi antara nilai wajar aset                        or CGU’s fair value less costs to sell and its value in use,
          atau UPK dikurangi biaya untuk menjual dengan nilai                            and is determined for an individual asset, unless the asset
          pakainya, kecuali aset tersebut tidak menghasilkan arus                        does not generate cash inflows that are largely
          kas masuk yang sebagian besar independen dari aset atau                        independent of those from other assets or groups of
          kelompok aset lain. Jika nilai tercatat aset lebih besar                       assets. Where the carrying amount of an asset exceeds its
          daripada nilai terpulihkannya, maka aset tersebut                              recoverable amount, the asset is considered impaired and
          dipertimbangkan mengalami penurunan nilai dan nilai                            is written down to its recoverable amount. Impairment
          tercatat aset diturunkan nilai menjadi sebesar nilai                           losses of continuing operations are recognized in the
          terpulihkannya. Rugi penurunan nilai dari operasi yang                         consolidated statement of profit or loss and other
          berkelanjutan diakui pada laporan laba rugi dan                                comprehensive income as “Impairment Losses”. In
          penghasilan komprehensif lain konsolidasian sebagai biaya                      assessing the value in use, the estimated net future cash
          “Rugi Penurunan Nilai”. Dalam menghitung nilai pakai,                          flows are discounted to their present value using a pre-
          estimasi arus kas masa depan neto didiskontokan ke nilai                       tax discount rate that reflects current market
          kini dengan menggunakan tingkat diskonto sebelum pajak                         assessments of the time value of money and the risks
          yang menggambarkan penilaian pasar kini dari nilai waktu                       specific to the asset.
          uang dan risiko spesifik atas aset.

          Dalam menghitung nilai pakai, estimasi arus kas masa                           In assessing the value in use, the estimated net future
          depan neto didiskontokan ke nilai kini dengan                                  cash flows are discounted to their present value using a
          menggunakan tingkat diskonto sebelum pajak yang                                pre-tax discount rate that reflects current market
          menggambarkan penilaian pasar kini dari nilai waktu uang                       assessments of the time value of money and the risks
          dan risiko spesifik atas aset. Dalam menentukan nilai                          specific to the asset. In determining fair value less costs
          wajar dikurangi biaya untuk menjual, digunakan harga                           to sell, recent market transactions are taken into
          penawaran pasar terakhir, jika tersedia. Jika tidak                            account, if available. If no such transactions can be
          terdapat transaksi tersebut, Grup menggunakan model                            identified, an appropriate valuation model is used to
          penilaian yang sesuai untuk menentukan nilai wajar aset.                       determine the fair value of the assets. These calculations
          Perhitungan-perhitungan ini dikuatkan oleh penilaian                           are corroborated by valuation multiples or other
          berganda atau indikator nilai wajar yang tersedia.                             available fair value indicators.
Page 417
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/42                                                              Exhibit E/42


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       n. Penurunan Nilai Aset Non-keuangan (Lanjutan)                       n. Impairment of Non-financial Assets (Continued)

          Kerugian penurunan nilai dari operasi yang berkelanjutan,             Impairment losses of continuing operations, if any, are
          jika ada, diakui pada laba rugi sesuai dengan kategori                recognized in the profit or loss in those expense
          biaya yang konsisten dengan fungsi dari aset yang                     categories consistent with the functions of the impaired
          diturunkan nilainya.                                                  asset.

          Untuk aset selain goodwill, penilaian dilakukan pada akhir            For assets excluding goodwill, an assessment is made at
          setiap tanggal pelaporan apakah terdapat indikasi bahwa               each reporting date as to whether there is any indication
          rugi penurunan nilai yang telah diakui dalam tahun                    that previously recognized impairment losses may no
          sebelumnya mungkin tidak ada lagi atau mungkin telah                  longer exist or may have decreased. If such indication
          menurun. Jika indikasi dimaksud ditemukan, maka entitas               exists, the asset’s or CGU’s recoverable amount is
          mengestimasi jumlah terpulihkan aset atau UPK tersebut.               estimated. A previously recognized impairment loss for
          Kerugian penurunan nilai yang telah diakui dalam tahun                an asset other than goodwill is reversed only if there has
          sebelumnya untuk aset selain goodwill dibalik hanya jika              been a change in the assumptions used to determine the
          terdapat perubahan asumsi-asumsi yang digunakan untuk                 asset’s recoverable amount since the last impairment loss
          menentukan jumlah terpulihkan aset tersebut sejak rugi                was recognized. If that is the case, the carrying amount
          penurunan nilai terakhir diakui. Dalam hal ini, jumlah                of the asset is increased to its recoverable amount. The
          tercatat aset dinaikkan ke jumlah terpulihkannya.                     reversal is limited so that the carrying amount of the
          Pembalikan tersebut dibatasi sehingga jumlah tercatat                 assets does not exceed its recoverable amount, nor
          aset tidak melebihi jumlah terpulihkannya maupun                      exceed the carrying amount that would have been
          jumlah tercatat, neto setelah penyusutan, seandainya                  determined, net of depreciation, had no impairment loss
          tidak ada rugi penurunan nilai yang telah diakui untuk aset           been recognized for the asset in prior periods/years.
          tersebut pada peride/tahun sebelumnya. Pembalikan rugi                Reversal of an impairment loss is recognized in the profit
          penurunan nilai diakui pada laba rugi. Setelah pembalikan             or loss. After such a reversal, the depreciation charge on
          tersebut, penyusutan aset tersebut disesuaikan di periode             the said asset is adjusted in future periods to allocate the
          mendatang untuk mengalokasikan jumlah tercatat aset                   asset’s revised carrying amount, less any residual value,
          yang direvisi, dikurangi nilai sisanya, dengan dasar yang             on a systematic basis over its remaining useful live.
          sistematis selama sisa umur manfaatnya.

          Goodwill diuji untuk penurunan nilai setiap akhir periode             Goodwill is tested for impairment in each reporting
          pelaporan dan ketika terdapat suatu indikasi bahwa nilai              period and when circumstances indicate that the carrying
          tercatatnya mengalami penurunan nilai. Penurunan nilai                value may be impaired. Impairment is determined for
          bagi goodwill ditetapkan dengan menentukan jumlah                     goodwill by assessing the recoverable amount of each
          terpulihkan tiap UPK (atau kelompok UPK) dimana                       CGU (or group of CGUs) to which the goodwill relates. If
          goodwill terkait. Jika jumlah terpulihkan UPK kurang dari             the recoverable amount of the CGU is less than its
          jumlah tercatatnya, maka rugi penurunan nilai diakui.                 carrying amount, an impairment loss is recognized.
          Rugi penurunan nilai terkait goodwill tidak dapat dibalik             Impairment losses relating to goodwill cannot be reversed
          pada periode berikutnya.                                              in future periods.

       o. Provisi                                                            o. Provision

          Provisi diakui jika Grup memiliki kewajiban kini (baik                Provisions are recognized when the Group has a present
          bersifat hukum maupun bersifat konstruktif) jika, sebagai             obligation (legal or constructive) where, as a result of a
          akibat peristiwa masa lalu, besar kemungkinan                         past event, it is probable that an outflow of resources
          penyelesaian kewajiban tersebut mengakibatkan arus                    embodying economic benefits will be required to settle
          keluar sumber daya yang mengandung manfaat ekonomi                    the obligation and a reliable estimate can be made of the
          dan total kewajiban tersebut dapat diestimasi secara                  amount of the obligation.
          andal.

          Provisi ditelaah pada setiap tanggal pelaporan dan                    Provisions are reviewed at each reporting date and
          disesuaikan untuk mencerminkan estimasi terbaik yang                  adjusted to reflect the current best estimate. If it is no
          paling kini. Jika arus keluar sumber daya untuk                       longer probable that an outflow of resources embodying
          menyelesaikan kewajiban kemungkinan besar tidak                       economic benefits will be required to settle the
          terjadi, maka provisi dibatalkan.                                     obligation, the provision is reversed.

          Provisi untuk biaya pembongkaran aset diestimasi                      Provision for asset dismantling costs is estimated based
          berdasarkan beberapa asumsi dan disajikan pada nilai                  on certain assumptions and carried at fair value based on
          wajar sesuai dengan tingkat diskonto yang berlaku.                    applicable discount rates.
Page 418
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                     Ekshibit E/43                                                            Exhibit E/43


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                2.   SUMMARY    OF    MATERIAL           ACCOUNTING             POLICIES
       (Lanjutan)                                                          INFORMATION (Continued)
       p. Pendapatan dari     Kontrak    dengan   Pelanggan    dan         p. Revenue from Contracts             with    Customers        and
          Pengakuan Beban                                                     Recognition of Expenses
          Grup telah mengadopsi PSAK 115 “Pendapatan dari                    The Group has adopted PSAK 115 “Revenue from
          Kontrak dengan Pelanggan” yang mengsyaratkan                       Contracts with Customers” which requires revenue
          pengakuan pendapatan untuk memenuhi 5 (lima) langkah               recognition to fulfill 5 (five) steps of assessment as
          penilaian sebagai berikut:                                         follows:
          1. Mengidentifikasi kontrak dengan pelanggan.                      1. Identify contract(s) with a customer.
          2. Mengidentifikasi kewajiban pelaksanaan atas kontrak.            2. Identify the performance obligations in the contract.
             Kewajiban pelaksanaan adalah perjanjian dalam                       Performance obligations are promises in a contract to
             sebuah kontrak untuk mentransfer barang atau jasa                   transfer to a customer goods or services that are
             yang berbeda kepada pelanggan.                                      distinct.
          3. Menentukan harga transaksi, setelah dikurangi diskon,           3. Determine the transaction price, net of discounts,
             retur, insentif penjualan dan pajak pertambahan nilai,              returns, sales incentives and value added tax, which
             dimana entitas berhak sebagai imbalan atas transfer                 an entity expects to be entitled in exchange for
             barang atau jasa kepada pelanggan.                                  transferring the promised goods or services to a
                                                                                 customer.
          4. Mengalokasikan harga transaksi pada setiap kewajiban            4. Allocate the transaction price to each performance
             pelaksanaan dengan basis harga jual berdiri sendiri                 obligation on the basis of the relative stand-alone
             relatif pada setiap barang atau jasa yang berbeda yang              selling prices of each distinct goods or services
             dijanjikan di dalam kontrak. Jika hal ini tidak dapat               promised in the contract. When these are not directly
             diamati secara langsung, harga jual berdiri sendiri                 observable, the relative standalone selling price are
             relatif diestimasi berdasarkan biaya yang diharapkan                estimated based on expected cost plus margin.
             ditambah margin.
          5. Mengakui pendapatan ketika kewajiban pelaksanaan                5. Recognize revenue when performance obligation is
             telah terpenuhi dengan mentransfer barang atau jasa                satisfied by transferring a promised goods or services
             yang dijanjikan kepada pelanggan (di mana adalah                   to a customer (which is when the customer obtains
             ketika pelanggan mendapatkan kontrol atas barang                   control of those goods or services).
             atau jasa tersebut).
          Pendapatan diakui ketika Grup memenuhi kewajiban                   Revenue is recognized when the Group satisfy a
          pelaksanaan dengan mentransfer barang atau jasa yang               performance obligation by transfering a promised good or
          dijanjikan kepada pelanggan, di mana adalah ketika                 service to the customer, which is when the customer
          pelanggan medapatkan kontrol atas barang atau jasa                 obtains control of the good or service. A performance
          tersebut. Kewajiban pelaksanaan dapat terpenuhi pada               obligation may be satisfied at a point in time or over
          suatu waktu atau seiring waktu. Jumlah pendapatan yang             time. The amount of revenue recognized is the amount
          diakui adalah jumlah yang dialokasikan untuk memenuhi              allocated to the satisfied performance obligation.
          kewajiban pelaksanaan.
          Jika pelanggan membayar imbalan sebelum Grup                       If a customer pays consideration before the Group
          mengalihkan barang atau jasa kepada pelanggan,                     transfers goods or services to the customer, a contract
          liabilitas kontrak diakui pada saat pembayaran dilakukan           liability is recognized when the payment is made or the
          atau pembayaran imbalan jatuh tempo (mana yang lebih               payment is due (whichever is earlier). Contract liabilities
          awal). Liabilitas kontrak diakui sebagai pendapatan pada           are recognized as revenue when the the Group performs
          saat Grup telah memenuhi apa yang harus dilaksanakan               under the contract. The contract liability is presented as
          sesuai kontrak. Liabilitas kontrak tersebut disajikan              part of “Other Payables” and “Deferred Income” in the
          sebagai bagian dari “Utang Lain-lain” dan “Pendapatan              consolidated statement of financial position.
          Diterima Di Muka” pada laporan posisi keuangan
          konsolidasian.
          Untuk semua instrumen keuangan yang diukur pada biaya              For all financial instruments measured at amortized cost,
          perolehan diamortisasi, penghasilan atau beban bunga               interest income or expense is recorded using the EIR,
          dicatat dengan menggunakan metode SBE, yaitu tingkat               which is the rate that exactly discounts the estimated
          suku bunga digunakan mendiskontokan secara tepat                   future cash payments or receipts over the expected life
          estimasi pembayaran atau penerimaan arus kas di masa               of the financial instrument or a shorter period, where
          yang akan datang selama umur ekpektasian dari instrumen            appropriate, to the net carrying amount of the financial
          keuangan, atau jika lebih sesuai, selama periode yang              asset or liability.
          lebih singkat, untuk jumlah tercatat neto dari aset atau
          liabilitas keuangan.
          Beban diakui pada saat terjadinya.                                 Expenses are recognized when they are incurred.
Page 419
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                      Ekshibit E/44                                                             Exhibit E/44


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       q. Biaya Emisi Obligasi                                              q. Bonds Issuance Cost

          Biaya emisi obligasi dikurangkan dari hasil penerbitan               Bonds issuance costs are directly deducted from the issue
          obligasi dalam laporan posisi keuangan konsolidasian                 proceeds in the consolidated statement of financial
          sebagai diskonto dan diamortisasi menggunakan metode                 position as a discount and are amortized using the EIR
          SBE selama jangka waktu obligasi. Biaya emisi obligasi               method over the period of the bonds. Issuance costs of
          wajib tukar dicatat sebagai pengurang modal.                         mandatory convertible bond are accounted for as a
                                                                               deduction from equity.

       r. Transaksi dan Saldo dalam Mata Uang Asing                         r. Foreign Currency Transactions and Balances

          Mata uang pelaporan yang digunakan pada laporan                      The reporting currency used in the consolidated financial
          keuangan konsolidasian adalah Rupiah, yang juga                      statements is Indonesian Rupiah, which is also each
          merupakan mata uang fungsional setiap entitas dalam                  entity’s in the Group functional currency, except for
          Grup, kecuali entitas anak yang tidak berada di Indonesia.           certain subsidiaries who is not located in Indonesia. Each
          Tiap entitas dalam Grup menentukan mata uang                         entity in the Group determines its own functional
          fungsionalnya masing-masing dan laporan keuangannya                  currency and their financial statements are measured
          masing-masing diukur menggunakan mata uang fungsional                using that functional currency.
          tersebut.

          Transaksi dalam mata uang asing dicatat dalam Rupiah                 Transactions involving foreign currencies are recorded in
          berdasarkan kurs yang berlaku pada saat transaksi                    Indonesian Rupiah at the rates of exchange prevailing at
          dilakukan. Pada tanggal pelaporan, aset dan liabilitas               the time the transactions are made. At the reporting
          moneter dalam mata uang asing dijabarkan sesuai dengan               date, monetary assets and liabilities denominated in
          rata-rata kurs jual dan beli yang diterbitkan oleh Bank              foreign currencies are adjusted to reflect the average of
          Indonesia pada tanggal transaksi perbankan terakhir untuk            the selling and buying rates of exchange prevailing at the
          periode yang bersangkutan, dan laba atau rugi kurs yang              last banking transaction date of the period, as published
          timbul, dikreditkan atau dibebankan pada operasi periode             by Bank Indonesia, and any resulting gains or losses are
          yang bersangkutan.                                                   credited or charged to operations of the current period.

          Nilai tukar yang digunakan untuk mata uang asing adalah              The exchanges rate used for foreign currencies are as
          sebagai berikut:                                                     follow:

                                                            2024                2023
          Dolar Amerika Serikat                                   16.162               15.416                           United States Dollar
          Dolar Singapura                                         11.919               11.712                              Singapore Dollar
          Ringgit Malaysia                                         3.616                3.342                             Malaysian Ringgit
          Yuan China                                               2.214                2.170                                 Chinese Yuan
          Dolar Hong Kong                                          2.082                1.973                              Hong Kong Dollar
          Poundsterling                                           20.333                    -                                 Poundsterling

          Transaksi    dalam      mata      uang    asing     selain           Transactions in foreign currencies other than mention
          yang disebutkan di atas tidak signifikan.                            above are not significant.

          Akun-akun dari entitas anak luar negeri dijabarkan dari              The accounts of foreign subsidiaries are translated from
          mata uang pelaporannya menjadi Rupiah dengan dasar                   its respective reporting currency into Indonesian Rupiah
          sebagai berikut:                                                     on the following basis:
          a) Aset dan liabilitas, baik moneter maupun non-                     a) Assets and liabilities, both monetary and non-
             moneter, dijabarkan dengan menggunakan kurs                           monetary, are translated using the closing rate of
             penutup.                                                              exchange.
          b) Pendapatan     dan     beban    dijabarkan     dengan             b) Revenues and expenses are translated using
             menggunakan kurs yang berlaku pada saat transaksi                     transactions date exchange rate.
             dilakukan.
          c) Selisih kurs yang terjadi disajikan sebagai                       c) The resulting exchange difference is presented as an
             “Penghasilan Komprehensif Lain - Selisih Kurs atas                   “Other Comprehensive Income - Exchange Differences
             Penjabaran Akun-akun Kegiatan Usaha Luar Negeri”                     on Translation of the Accounts of Foreign Operations”
             sebagai bagian dari ekuitas sampai pelepasan investasi               in the equity section until disposal of the net
             neto yang bersangkutan.                                              investment.
Page 420
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                     Ekshibit E/45                                                            Exhibit E/45


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                2.   SUMMARY    OF    MATERIAL           ACCOUNTING             POLICIES
       (Lanjutan)                                                          INFORMATION (Continued)

       r. Transaksi dan Saldo dalam Mata Uang Asing (Lanjutan)             r. Foreign Currency          Transactions      and     Balances
                                                                              (Continued)

          Grup mempertimbangkan indikator utama dan indikator                 The Group considers the primary indicators and other
          lainnya dalam menentukan mata uang fungsionalnya, jika              indicators in determining its functional currency, if
          ada indikator yang tercampur dan mata uang fungsional               indicators are mixed and the functional currency is not
          tidak jelas, manajemen menggunakan penilaian untuk                  obvious, management uses its judgements to determine
          menentukan mata uang fungsional yang paling tepat                   the functional currency that most faithfully represents
          menggambarkan pengaruh ekonomi dari transaksi,                      the economic effects of the underlying transactions,
          kejadian dan kondisi yang mendasarinya.                             events and conditions.

       s. Perpajakan                                                       s. Taxation

          Pajak Kini                                                          Current Tax

          Aset dan liabilitas pajak kini untuk periode berjalan               Current income tax assets and liabilities for the current
          diukur sebesar jumlah yang diharapkan dapat direstitusi             period are measured at the amount expected to be
          dari atau dibayarkan kepada otoritas perpajakan. Tarif              recovered from or paid to the taxation authority. The tax
          pajak dan peraturan pajak yang digunakan untuk                      rates and tax laws used to compute the amount are those
          menghitung jumlah tersebut adalah yang telah berlaku                that have been enacted or substantively enacted as at the
          atau secara substantif telah berlaku pada tanggal                   reporting date in the countries where the Group operates
          pelaporan di negara tempat Grup beroperasi dan                      and generates taxable income.
          menghasilkan pendapatan kena pajak.

          Bunga dan denda disajikan sebagai bagian dari                       Interests and penalties are presented as part of other
          penghasilan atau beban operasi lain karena tidak dianggap           operating income or expenses since they are not
          sebagai bagian dari beban pajak penghasilan.                        considered as part of the income tax expense.

          Pajak penghasilan kini terkait dengan pos-pos yang diakui           Current income tax relating to items recognized directly
          secara langsung di ekuitas diakui dalam ekuitas dan bukan           in equity is recognized in equity and not in the statement
          dalam laporan laba rugi. Manajemen secara berkala                   of profit or loss. Management periodically evaluates
          mengevaluasi posisi yang diambil dalam Surat                        positions taken in the tax returns with respect to
          Pemberitahuan Tahunan (SPT) sehubungan dengan situasi               situations in which applicable tax regulations are subject
          di mana peraturan perpajakan yang berlaku tunduk pada               to interpretation and establishes provisions where
          interpretasi dan menetapkan ketentuan yang sesuai.                  appropriate.

          Pajak Tangguhan                                                     Deferred Tax

          Pajak tangguhan diakui dengan menggunakan metode                    Deferred tax is provided using the liability method on
          liabilitas atas perbedaan temporer pada tanggal                     temporary differences at the reporting date between the
          pelaporan antara dasar pengenaan pajak dari aset dan                tax bases of assets and liabilities and their carrying
          liabilitas dan jumlah tercatatnya untuk tujuan pelaporan            amounts for financial reporting purposes at the reporting
          keuangan pada tanggal pelaporan.                                    date.

          Liabilitas pajak tangguhan diakui untuk semua perbedaan             Deferred tax liabilities are recognized for all taxable
          temporer yang kena pajak, kecuali:                                  temporary differences, except:
          i) liabilitas pajak tangguhan yang terjadi dari pengakuan           i) where the deferred tax liability arises from the initial
              awal goodwill atau dari aset atau liabilitas dari                   recognition of goodwill or of an asset or liability in a
              transaksi yang bukan transaksi kombinasi bisnis, dan                transaction that is not a business combination and, at
              pada waktu transaksi tidak mempengaruhi laba                        the time of the transaction, affects neither the
              akuntansi dan laba kena pajak/rugi pajak;                           accounting profit nor taxable profit or loss;
          ii) dari perbedaan temporer kena pajak atas investasi               ii) in respect of taxable temporary differences
              pada entitas anak, yang saat pembalikannya dapat                    associated with investments in subsidiaries, when the
              dikendalikan dan besar kemungkinannya bahwa beda                    timing of the reversal of the temporary differences
              temporer itu tidak akan dibalik dalam waktu dekat.                  can be controlled and it is probable that the
                                                                                  temporary differences will not reverse in the
                                                                                  foreseeable future.
Page 421
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/46                                                              Exhibit E/46


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                  2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                            INFORMATION (Continued)

       s. Perpajakan (Lanjutan)                                              s. Taxation (Continued)

          Pajak Tangguhan (Lanjutan)                                            Deferred Tax (Continued)

          Jumlah tercatat aset pajak tangguhan ditelaah pada                    The carrying amount of a deferred tax asset is reviewed
          setiap tanggal pelaporan dan diturunkan apabila laba kena             at each reporting date and reduced to the extent that it
          pajak mungkin tidak memadai untuk mengkompensasi                      is no longer probable that sufficient taxable profit will
          sebagian atau semua manfaat aset pajak tangguhan. Aset                be available to allow all or part of the benefit of that
          pajak tangguhan yang tidak diakui ditinjau ulang pada                 deferred tax asset to be utilized. Unrecognized deferred
          setiap tanggal pelaporan dan akan diakui apabila besar                tax assets are reassessed at each reporting date and are
          kemungkinan bahwa laba kena pajak pada masa yang akan                 recognized to the extent that it has become probable
          datang akan tersedia untuk pemulihannya.                              that future taxable profit will allow the deferred tax
                                                                                assets to be recovered.

          Aset dan liabilitas pajak tangguhan diukur dengan                     Deferred tax assets and liabilities are measured at the
          menggunakan tarif pajak yang diperkirakan akan berlaku                tax rates that are expected to apply to the year when the
          pada tahun saat aset dipulihkan atau liabilitas                       asset is realized or the liability is settled, based on tax
          diselesaikan berdasarkan tarif pajak dan peraturan pajak              rates and tax laws that have been enacted or
          yang telah berlaku atau yang secara substantif telah                  substantively enacted as at the reporting date.
          berlaku pada tanggal pelaporan.

          Manfaat pajak yang diperoleh sebagai bagian dari                      Tax benefits acquired as part of a business combination,
          kombinasi bisnis, tetapi tidak memenuhi kriteria untuk                but not satisfying the criteria for separate recognition at
          pengakuan terpisah pada tanggal tersebut, diakui                      that date, are recognised subsequently if new
          selanjutnya jika informasi baru tentang fakta dan keadaan             information about facts and circumstances change. The
          berubah. Penyesuaian tersebut diperlakukan sebagai                    adjustment is either treated as a reduction in goodwill
          pengurangan goodwill (selama tidak melebihi goodwill)                 (as long as it does not exceed goodwill) if it was incurred
          jika terjadi selama periode pengukuran atau diakui dalam              during the measurement period or recognized in profit or
          laba rugi.                                                            loss.

          Grup melakukan saling hapus aset pajak tangguhan dan                  The Group offsets deferred tax assets and deferred tax
          liabilitas pajak tangguhan jika dan hanya jika memiliki hak           liabilities if and only if it has a legally enforceable right
          yang berkekuatan hukum untuk saling hapus aset pajak                  to set off current tax assets and current tax liabilities and
          kini dan liabilitas pajak kini dan aset pajak tangguhan dan           the deferred tax assets and deferred tax liabilities relate
          liabilitas pajak tangguhan terkait dengan pajak                       to income taxes levied by the same taxation authority on
          penghasilan yang dikenakan oleh otoritas perpajakan yang              either the same taxable entity or different taxable
          sama atas baik entitas kena pajak yang sama atau entitas              entities which intend either to settle current tax
          kena pajak yang berbeda yang bermaksud untuk                          liabilities and assets on a net basis, or to realise the
          menyelesaikan liabilitas dan aset pajak kini secara neto,             assets and settle the liabilities simultaneously, in each
          atau untuk merealisasikan aset dan menyelesaikan                      future period in which significant amounts of deferred
          liabilitas secara bersamaan, pada setiap periode masa                 tax liabilities or assets are expected to be settled or
          depan di mana jumlah liabilitas atau aset pajak tangguhan             recovered.
          yang signifikan diharapkan untuk diselesaikan atau
          dipulihkan.

          Pajak Pertambahan Nilai                                               Value-Added Tax

          Pendapatan, beban-beban dan aset-aset diakui neto atas                Revenue, expenses and assets are recognized net of the
          jumlah PPN kecuali:                                                   amount of VAT except:
           PPN yang muncul dari pembelian aset atau jasa yang                   Where the VAT incurred on a purchase of assets or
             tidak dapat dikreditkan, yang dalam hal ini PPN diakui                services is not recoverable, in which case the VAT is
             sebagai bagian dari biaya perolehan aset atau sebagai                 recognized as part of the cost of acquisition of the
             bagian dari item beban-beban yang terkait; dan                        asset or as part of the expense item as applicable;
                                                                                   and
             Piutang dan utang yang disajikan termasuk dengan                   Receivables and payables that are stated with the
              jumlah PPN.                                                          amount of VAT included.

          Jumlah PPN neto yang diajukan untuk direstitusi, atau                 The net amount of VAT which is claimed for restitution
          terutang kepada, kantor pajak termasuk sebagai bagian                 from, or payable to, the taxation authorities is included
          dari aset atau liabilitas pada laporan posisi keuangan                as part of assets or liabilities in the consolidated
          konsolidasian.                                                        statement of financial position.
Page 422
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                        Ekshibit E/47                                                              Exhibit E/47


                   PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                    2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                              INFORMATION (Continued)

       s. Perpajakan (Lanjutan)                                                s. Taxation (Continued)

          Pajak Final                                                             Final Tax

          Sesuai peraturan perpajakan di Indonesia, pajak final                   In accordance with the tax regulation in Indonesia, final
          dikenakan atas nilai bruto transaksi, dan tetap dikenakan               tax is applied to the gross value of transactions, even
          walaupun atas transaksi tersebut pelaku transaksi                       when the parties carrying the transaction recognizing
          mengalami kerugian.                                                     losses.

          Pajak final tidak termasuk dalam lingkup yang diatur oleh               Final tax is scoped out from PSAK 212: Income Tax.
          PSAK 212: Pajak Penghasilan.

       t. Imbalan Kerja                                                        t. Employee Benefits

          Grup mencatat penyisihan manfaat untuk memenuhi dan                     The Group provides provisions on top of the benefits
          menutup imbalan minimum yang harus dibayar kepada                       provided under defined contribution pension programs in
          karyawan-karyawan sesuai dengan Perjanjian Kerja                        order to meet and cover the minimum benefits required
          Bersama dan Peraturan Pemerintah Pengganti Undang-                      to be paid to the qualified employees under Collective
          undang tentang Cipta Kerja No. 2/2022 (“UU Cipta Kerja”,                Labor Agreement and Government Regulation in Lieu of
          (UUCK)). Penyisihan tambahan tersebut diestimasi dengan                 Law No. 2/2022 (the “Cipta Kerja Law”, (UUCK)). The
          menggunakan perhitungan aktuarial metode “Projected                     said additional provisions are estimated using actuarial
          Unit Credit”.                                                           calculations using the “Projected Unit Credit” method.

          Pengukuran kembali, terdiri atas keuntungan dan kerugian                Re-measurements, comprising of actuarial gains and
          aktuarial, segera diakui pada laporan posisi keuangan                   losses, are recognized immediately in the consolidated
          konsolidasian dengan pengaruh langsung didebit atau                     statement of financial position with a corresponding
          dikreditkan kepada saldo laba melalui Penghasilan                       debit or credit to retained earnings through Other
          Komprehensif Lain pada periode terjadinya. Pengukuran                   Comprehenshive Income in the period in which they occur.
          kembali tidak direklasifikasi ke laba rugi pada periode                 Re-measurements are not reclassified to profit or loss in
          berikutnya.                                                             subsequent periods.

          Biaya jasa lalu harus diakui sebagai beban pada saat yang               Past service costs are recognized in profit or loss at the
          lebih awal antara:                                                      earlier between:
          i) ketika program amandemen atau kurtailmen terjadi;                    i) the date of the plan amendment or curtailment, and
              dan
          ii) ketika entitas mengakui biaya restrukturisasi atau                  ii) the date the Group recognizes related restructuring
              imbalan terminasi terkait.                                              costs.

          Bunga neto dihitung dengan menerapkan tingkat diskonto                  Net interest is calculated by applying the discount rate
          yang digunakan terhadap liabilitas imbalan kerja. Grup                  to the net defined benefit liability. The Group recognizes
          mengakui perubahan berikut pada kewajiban obligasi neto                 the following changes in the net defined benefit
          pada akun “Beban Pokok Penjualan” dan “Beban Umum                       obligation under “Cost of Goods Sold” and “General and
          dan Administrasi” pada laporan laba rugi dan penghasilan                Administrative Expenses” as appropriate in the
          komprehensif lain konsolidasian:                                        consolidated statement of profit or loss and other
                                                                                  comprehensive income:
          i)  Biaya jasa terdiri atas biaya jasa kini, biaya jasa lalu,           i) Service costs comprising current service costs, past-
              keuntungan atau kerugian atas penyelesaian                              service costs, gains or losses on curtailments and non-
              (curtailment) tidak rutin, dan                                          routine settlements, and
          ii) Beban atau penghasilan bunga neto.                                  ii) Net interest expense or income.

       u. Laba per Saham                                                       u. Earnings per Share

          Laba per saham dihitung berdasarkan rata-rata                           Earnings per share is computed based on the weighted
          tertimbang jumlah saham yang beredar selama periode                     average number of issued and fully paid shares during the
          yang bersangkutan.                                                      period.

          Perusahaan tidak mempunyai efek berpotensi saham biasa                  The Company has no outstanding dilutive potential
          yang bersifat dilutif pada tanggal 31 Desember 2024.                    ordinary shares as of 31 December 2024.
Page 423
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                       Ekshibit E/48                                                            Exhibit E/48


                   PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                   31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


2.     IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                 2.   SUMMARY    OF    MATERIAL            ACCOUNTING             POLICIES
       (Lanjutan)                                                           INFORMATION (Continued)

       v. Saham Tresuri                                                     v. Treasury Stock

          Instrumen ekuitas sendiri yang diperoleh kembali (saham              Own equity instruments that are reacquired (treasury
          tresuri) diakui pada harga perolehan kembali dan                     stock) are recognized at reacquisition cost and deducted
          dikurangi dari ekuitas. Tidak ada laba atau rugi yang                from equity. No gain or loss is recognized in profit or loss
          diakui pada laba rugi atas perolehan, penjualan kembali,             on the purchase, sale, issue or cancellation of the Group’s
          penerbitan atau pembatalan dari instrumen ekuitas Grup.              own equity instruments. Any difference between the
          Selisih antara jumlah tercatat dan penerimaan, bila                  carrying amount and the consideration, if reissued, is
          diterbitkan kembali, diakui sebagai bagian dari tambahan             recognized as part of additional paid-in capital in the
          modal disetor pada ekuitas.                                          equity.

       w. Informasi Segmen                                                  w. Segment Information

          Untuk tujuan manajemen, Grup dibagi menjadi dua                      For management purposes, the Group is organized into
          segmen operasi berdasarkan produk dan jasa yang dikelola             two operating segments based on their products and
          secara independen oleh masing-masing pengelola segmen                services which are independently managed by the
          yang bertanggung jawab atas kinerja dari masing-masing               respective segment managers responsible for the
          segmen. Para pengelola segmen melaporkan secara                      performance of the respective segments under their
          langsung kepada manajemen Perusahaan yang secara                     charge. The segment managers report directly to the
          teratur mengkaji laba segmen sebagai dasar untuk                     management who regularly review the segment results in
          mengalokasikan sumber daya ke masing-masing segmen                   order to allocate resources to the segments and to assess
          dan untuk menilai kinerja segmen.                                    the segment performance.


3.     PERTIMBANGAN,      ESTIMASI     DAN    ASUMSI    AKUNTANSI      3.   SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND
       SIGNIFIKAN                                                           ASSUMPTIONS

       Penyusunan     laporan   keuangan     konsolidasian     Grup         The preparation of the Group’s consolidated financial
       mensyaratkan manajemen untuk membuat pertimbangan,                   statements requires management to make judgments,
       estimasi dan asumsi yang mempengaruhi jumlah yang                    estimates and assumptions that affect the reported amounts
       dilaporkan dari pendapatan, beban, aset dan liabilitas, serta        of revenues, expenses, assets and liabilities, and the
       pengungkapan atas liabilitas kontinjensi, pada akhir tahun           disclosure of contingent liabilities, at the end of the
       pelaporan. Ketidakpastian mengenai asumsi dan estimasi               reporting period. Uncertainty about these assumptions and
       tersebut dapat mengakibatkan penyesuaian material                    estimates could result in outcomes that require a material
       terhadap nilai tercatat aset dan liabilitas dalam periode            adjustment to the carrying amount of the asset and liability
       pelaporan berikutnya.                                                affected in future reporting periods.

       Pertimbangan                                                         Judgments

       Pertimbangan berikut ini dibuat oleh manajemen dalam                 The following judgments are made by management in the
       rangka penerapan kebijakan akuntansi Grup yang memiliki              process of applying the Group’s accounting policies that have
       pengaruh paling signifikan atas jumlah yang diakui dalam             the most significant effects on the amounts recognized in the
       laporan keuangan konsolidasian:                                      consolidated financial statements:

       Penentuan Mata Uang Fungsional                                       Determination of Functional Currency

       Mata uang fungsional dari Perusahaan dan setiap entitas anak         The functional currency of the Company and each of the
       adalah mata uang dari lingkungan ekonomi primer dimana               subsidiaries is the currency of the primary economic
       entitas beroperasi. Mata uang tersebut adalah mata uang yang         environment in which each entity operates. It is the currency
       mempengaruhi pendapatan dan beban dari jasa yang                     that mainly influences the revenue and cost of rendering
       diberikan.                                                           services.

       Perpajakan                                                           Taxes

       Ketidakpastian atas interpretasi dari peraturan pajak yang           Uncertainties exist with respect to the interpretation of
       kompleks, perubahan peraturan pajak dan jumlah dan                   complex tax regulations, changes in tax laws, and the amount
       timbulnya penghasilan kena pajak di masa depan, dapat                and timing of future taxable income, could necessitate
       menyebabkan penyesuaian di masa depan atas penghasilan               future adjustments to tax income and expense already
       dan beban pajak yang telah dicatat.                                  recorded.
Page 424
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                           Ekshibit E/49                                                             Exhibit E/49


                   PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                       31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


3.     PERTIMBANGAN, ESTIMASI           DAN       ASUMSI    AKUNTANSI      3.   SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND
       SIGNIFIKAN (Lanjutan)                                                    ASSUMPTIONS (Continued)

       Pertimbangan (Lanjutan)                                                  Judgments (Continued)

       Perpajakan (Lanjutan)                                                    Taxes (Continued)

       Pertimbangan juga dilakukan dalam menentukan penyisihan                  Judgment is also involved in determining the provision for
       atas pajak penghasilan badan. Terdapat transaksi dan                     corporate income tax. There are certain transactions and
       perhitungan tertentu yang penentuan pajak akhirnya adalah                computation for which the ultimate tax determination is
       tidak pasti sepanjang kegiatan usaha normal.                             uncertain during the ordinary course of business.

       Grup mengakui liabilitas atas pajak penghasilan badan                    The Group recognizes liabilities for expected corporate
       berdasarkan estimasi apakah akan terdapat tambahan pajak                 income tax issues based on estimates of whether additional
       penghasilan badan. Penjelasan lebih rinci mengenai pajak                 corporate income tax will be due. Further details regarding
       penghasilan diungkapkan dalam Catatan 31.                                taxation are disclosed in Note 31.

       Sewa                                                                     Leases

       Grup tidak dapat menentukan suku bunga implisit dalam                    The Group cannot readily determine the interest rate
       sewa, sehingga Grup menggunakan suku bunga pinjaman                      implicit in the lease, therefore, it uses its incremental
       tambahan (IBR) untuk mengukur liabilitas keuangan. IBR                   borrowing rate (IBR) to measure lease liabilities. The IBR is
       merupakan suku bunga yang akan dibayar oleh Grup untuk                   the rate of interest that the Group would have to pay to
       meminjam selama masa serupa, dan dengan jaminan yang                     borrow over a similar term, and with a similar security, the
       serupa, dana yang diperlukan untuk memperoleh aset yang                  funds necessary to obtain an asset of a similar value to the
       memiliki nilai yang serupa dengan aset hak-guna dalam                    right-of-use asset in a similar economic environment. The IBR
       lingkungan ekonomik yang serupa. IBR mencerminkan apa                    therefore reflects what the Group ‘would have to pay’, which
       yang Grup “harus membayar”, yang membutuhkan estimasi                    requires estimation when no observable rates are available
       ketika suku bunga yang diamati tidak tersedia atau ketika                or when they need to be adjusted to reflect the terms and
       suku bunga tersebut memerlukan penyesuaian untuk                         conditions of the lease.
       mencerminkan syarat dan ketentuan dari sewa tersebut.

       Klasifikasi Aset dan Liabilitas Keuangan                                 Classification of Financial Assets and Liabilities

       Grup menetapkan klasifikasi atas aset dan liabilitas tertentu            The Group determines the classifications of certain assets
       sebagai     aset   dan    liabilitas   keuangan       dengan             and liabilities as financial assets and financial liabilities by
       mempertimbangkan bila definisi yang ditetapkan PSAK 109                  judging if they meet the definition set forth in PSAK 109.
       terpenuhi. Dengan demikian, aset keuangan dan liabilitas                 Accordingly, the financial assets and financial liabilities are
       keuangan diakui sesuai dengan kebijakan akuntansi Grup                   accounted for in accordance with the Group’s accounting
       seperti diungkapkan pada Catatan 2.                                      policies disclosed in Note 2.

       Penurunan Nilai Goodwill                                                 Goodwill Impairment

       Uji penurunan nilai dilakukan apabila terdapat indikasi                  Impairment test is performed when certain impairment
       penurunan nilai. Dalam hal ini, goodwill tidak diamortisasi              indicators are present. In case of goodwill, such assets are
       dan diuji untuk penurunan nilai setiap akhir periode                     not amortized and subject to annual impairment test and
       pelaporan dan jika terdapat indikasi penurunan nilai.                    whenever there is an indication that such asset may be
       Manajemen harus menggunakan pertimbangan dalam                           impaired. Management has to use its judgment in estimating
       mengestimasi nilai terpulihkan dan menentukan adanya                     the recoverable value and determining the amount of
       indikasi penurunan nilai.                                                impairment.

       Cadangan Penurunan Nilai Piutang Usaha                                   Allowance for Impairment of Trade Receivables

       Apabila terdapat bukti objektif bahwa rugi penurunan nilai               If there is an objective evidence that an impairment loss has
       telah terjadi atas piutang (piutang usaha dan lainnya), Grup             been incurred on receivables (accounts receivable trade and
       mengestimasi cadangan untuk kerugian penurunan nilai atas                others), the Group estimates the allowance for impairment
       piutang yang secara khusus diidentifikasi ragu-ragu untuk                losses related to its receivables that are specifically
       ditagih. Tingkat cadangan ditelaah oleh manajemen dengan                 identified as doubtful for collection. The level of allowance
       dasar faktor-faktor yang mempengaruhi tingkat tertagihnya                is evaluated by management on the basis of factors that
       piutang tersebut.                                                        affect the collectibility of the receivables.
Page 425
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                        Ekshibit E/50                                                             Exhibit E/50


                   PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                     31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


3.     PERTIMBANGAN, ESTIMASI           DAN    ASUMSI     AKUNTANSI      3.   SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND
       SIGNIFIKAN (Lanjutan)                                                  ASSUMPTIONS (Continued)

       Pertimbangan (Lanjutan)                                                Judgments (Continued)

       Cadangan Penurunan Nilai Piutang Usaha (Lanjutan)                      Allowance for Impairment of Trade Receivables (Continued)

       Dalam kasus ini, Grup menggunakan pertimbangan                         In these cases, the Group uses judgment based on the best
       berdasarkan fakta-fakta terbaik yang tersedia dan situasi-             available facts and circumstances, including but not limited
       situasi, termasuk tetapi tidak terbatas pada, jangka waktu             to, the length of the Group’s relationship with the customers
       hubungan Grup dengan pelanggan dan status kredit pelanggan             and the customers’ credit status based on third-party credit
       berdasarkan laporan dari pihak ketiga dan faktor-faktor pasar          reports and known market factors, to record specific reserves
       yang telah diketahui, untuk mengakui pencadangan spesifik              for customers against amounts due in order to reduce the
       untuk pelanggan terhadap jumlah yang jatuh tempo untuk                 Group’s receivables to amounts that it expect to collect.
       menurunkan piutang Grup ke jumlah yang diharapkan dapat                These specific reserves are re-evaluated and adjusted as
       ditagih. Pencadangan secara spesifik ini ditelaah kembali dan          additional information received affects the amounts
       disesuaikan jika terdapat informasi tambahan yang diterima             estimated.
       yang mempengaruhi jumlah yang diestimasikan.

       Sebagai tambahan atas cadangan terhadap piutang yang                   In addition to specific allowance against individually
       secara individual signifikan, Grup juga menilai cadangan               significant receivables, the Group also assess a collective
       penurunan nilai secara kolektif terhadap risiko kredit debitur         impairment allowance against credit exposure of its debtors
       mereka yang dikelompokkan berdasarkan karakteristik kredit             which are grouped based on common credit characteristic,
       yang sama, yang meskipun tidak diidentifikasi secara spesifik          which group, although not specifically identified as requiring
       memerlukan cadangan tertentu, memiliki risiko yang lebih               a specific allowance, has a greater risk of default than when
       besar tidak tertagih dibandingkan dengan piutang yang                  the receivables were originally granted to the debtors. This
       diberikan kepada debitur. Cadangan secara kolektif ini                 collective allowance is based on historical performance of
       dihitung berdasarkan pengalaman kerugian historis dengan               the debtors within the collective group, deterioration in the
       menggunakan faktor yang bervariasi seperti kinerja historis            markets in which the debtors operate, and identified
       dari debitur dalam grup kolektif, penurunan kinerja pasar              structural weaknesses or deterioration in the cash flows of
       dimana debitur beroperasi, dan kelemahan struktural yang               the debtors. The details of the net carrying amount of the
       diidentifikasi atau penurunan kinerja arus kas dari debitur.           Group’s receivables are disclosed in Note 5.
       Rincian nilai tercatat bersih piutang Grup diungkapkan dalam
       Catatan 5.

       Estimasi dan Asumsi                                                    Estimates and Assumptions

       Asumsi utama masa depan dan sumber utama estimasi                      The key assumptions concerning the future and other key
       ketidakpastian lain pada tanggal pelaporan yang memiliki               sources of estimation uncertainty at the reporting date that
       risiko signifikan bagi penyesuaian yang material terhadap nilai        have a significant risk of causing a material adjustment to
       tercatat aset dan liabilitas untuk tahun/periode berikutnya            the carrying amounts of assets and liabilities within the next
       diungkapkan di bawah ini. Grup mendasarkan asumsi dan                  financial period/year are disclosed below. The Group based
       estimasi pada parameter yang tersedia pada saat laporan                its assumptions and estimates on parameters available when
       keuangan konsolidasian disusun. Asumsi dan situasi mengenai            the consolidated financial statements were prepared.
       perkembangan masa depan mungkin berubah akibat                         Existing circumstances and assumptions about future
       perubahan pasar atau situasi di luar kendali Grup. Perubahan           developments may change due to market changes or
       tersebut dicerminkan dalam asumsi terkait pada saat                    circumstances arising beyond the control of the Group. Such
       terjadinya.                                                            changes are reflected in the assumptions when they occur.

       Penyisihan Kerugian Kredit Ekspektasian dari Piutang Usaha             Provision for Expected Credit Losses of Trade Receivables

       Grup menggunakan matriks provisi untuk menghitung ECL                  The Group uses a provision matrix to calculate ECLs for trade
       untuk piutang usaha dan aset kontrak. Tingkat provisi                  receivables and contract assets. The provision rates are
       didasarkan pada hari lewat jatuh tempo untuk                           based on days past due for groupings of various customer
       pengelompokan berbagai segmen pelanggan yang memiliki                  segments that have similar loss patterns (i.e., by geography,
       pola kerugian yang serupa (yaitu, berdasarkan wilayah                  product type, customer type and rating, and coverage by
       geografis, jenis produk, jenis dan peringkat pelanggan, dan            letters of credit and other forms of credit insurance).
       pertanggungan berdasarkan surat kredit dan bentuk asuransi
       kredit lainnya).
Page 426
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                         Ekshibit E/51                                                              Exhibit E/51


                   PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                       31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


3.     PERTIMBANGAN, ESTIMASI            DAN    ASUMSI     AKUNTANSI       3.   SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND
       SIGNIFIKAN (Lanjutan)                                                    ASSUMPTIONS (Continued)

       Estimasi dan Asumsi (Lanjutan)                                           Estimates and Assumptions (Continued)

       Penyisihan Kerugian Kredit Ekspektasian dari Piutang Usaha               Provision for Expected Credit Losses of Trade Receivables
       (Lanjutan)                                                               (Continued)

       Matriks provisi pada awalnya didasarkan pada tingkat gagal               The provision matrix is initially based on the Group’s
       bayar yang diamati secara historis Grup. Grup akan                       historical observed default rates. The Group will calibrate
       mengkalibrasi matriks untuk menyesuaikan pengalaman                      the matrix to adjust the historical credit loss experience with
       kerugian kredit historis dengan informasi yang bersifat                  forward-looking information. For instance, if forecast
       perkiraan masa depan (forward-looking). Misalnya, jika                   economic conditions (i.e., gross domestic product) are
       perkiraan kondisi ekonomi (yaitu, produk domestik bruto)                 expected to deteriorate over the next year which can lead to
       diekspektasikan akan memburuk pada tahun berikutnya yang                 an increased number of defaults in the manufacturing sector,
       dapat menyebabkan peningkatan jumlah gagal bayar di sektor               the historical default rates are adjusted. At every reporting
       manufaktur, tingkat gagal bayar historis disesuaikan. Pada               date, the historical observed default rates are updated and
       setiap tanggal pelaporan, tingkat gagal bayar yang diamati               changes in the forward-looking estimates are analyzed.
       secara historis diperbarui dan perubahan dalam estimasi
       perkiraan masa depan dianalisis.

       Penilaian korelasi antara tingkat default yang diamati secara            The assessment of the correlation between historical
       historis, prakiraan kondisi ekonomi, dan ECL adalah estimasi             observed default rates, forecast economic conditions and
       yang signifikan. Jumlah ECL sensitif terhadap perubahan                  ECLs is a significant estimate. The amount of ECLs is sensitive
       keadaan dan prakiraan kondisi ekonomi. Pengalaman kerugian               to changes in circumstances and of forecast economic
       kredit historis Grup dan perkiraan kondisi ekonomi mungkin               conditions. The Group’s historical credit loss experience and
       juga tidak mewakili gagal bayar pelanggan yang sebenarnya                forecast of economic conditions may also not be
       di masa depan. Informasi tentang ECL pada piutang usaha                  representative of customer’s actual default in the future.
       Grup diungkapkan dalam Catatan 5.                                        The information about the ECLs on the Group’s trade
                                                                                receivables and contract assets is disclosed in Note 5.

       Penurunan Nilai Aset Non-keuangan                                        Impairment of Non-financial Assets

       Penurunan nilai terjadi ketika nilai tercatat dari aset atau unit        An impairment exists when the carrying value of an asset or
       penghasil kas melebihi nilai terpulihkannya, yang lebih tinggi           cash generating unit exceeds its recoverable amount, which
       dari nilai wajar dikurangi biaya untuk menjual dan nilai pakai.          is the higher of its fair value less costs to sell and its value
       Perhitungan nilai wajar dikurangi biaya untuk menjual                    in use. The fair value less costs to sell calculation is based on
       berdasarkan data yang tersedia dari transaksi penjualan yang             available data from binding sales transactions in an arm’s
       mengikat dalam sebuah transaksi wajar dari aset serupa atau              length transaction of similar assets or observable market
       harga pasar yang dapat diobservasi dikurangi biaya pelepasan             prices less incremental costs for disposing the asset. The
       untuk menjual aset tersebut. Perhitungan nilai pakai                     value in use calculation is based on a discounted cash flow
       berdasarkan pada model arus kas yang didiskontokan.                      model.

       Data arus kas diambil dari anggaran untuk lima tahun yang                The cash flows data are derived from budget for the next five
       akan datang dan tidak termasuk aktivitas restrukturisasi yang            years and do not include restructuring activities that the
       belum dilakukan oleh Grup atau investasi signifikan di masa              Group is not yet committed to or significant future
       datang yang akan memutakhirkan kinerja aset dari unit                    investments that will enhance the asset’s performance of the
       penghasil kas yang diuji. Nilai terpulihkan paling dipengaruhi           cash generating unit being tested. The recoverable amount is
       oleh tingkat diskonto yang digunakan dalam model arus kas                most sensitive to the discount rate used for the discounted
       yang didiskontokan, sebagaimana juga jumlah arus kas masuk               cash flow model as well as the expected future cash inflows
       di masa datang yang di harapkan dan tingkat pertumbuhan                  and the growth rate used for extrapolation purposes.
       yang digunakan untuk tujuan ekstrapolasi.

       Pada tanggal 31 Desember 2024 dan 2023, terdapat indikasi                As of 31 December 2024 and 2023, there is event or change
       atas penurunan potensial atas nilai aset non-keuangan.                   in circumstances that may indicate any impairment in its
                                                                                value of its non-financial assets.
Page 427
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                     Ekshibit E/52                                                             Exhibit E/52


                   PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                  31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


3.     SUMBER ESTIMASI KETIDAKPASTIAN (Lanjutan)                      3.   SOURCE OF ESTIMATION UNCERTAINTY (Continued)

       Estimasi dan Asumsi (Lanjutan)                                      Estimates and Assumptions (Continued)

       Imbalan Kerja                                                       Employee Benefits

       Penentuan liabilitas imbalan kerja Grup bergantung pada             The determination of the Group’s employee benefits
       pemilihan asumsi yang digunakan oleh aktuaris independen            liabilities is dependent on its selection of certain
       dan Manajemen Grup dalam menghitung jumlah-jumlah                   assumptions used by the independent actuaries and the
       tersebut. Asumsi tersebut termasuk antara lain, tingkat             Group’s management in calculating such amounts. Those
       diskonto, tingkat kenaikan gaji tahunan, tingkat pengunduran        assumptions include, among others, discount rates, future
       diri karyawan tahunan, tingkat kecacatan, umur pensiun dan          annual salary increase, annual employee turn-over rate,
       tingkat kematian. Hasil aktual yang berbeda dari asumsi yang        disability rate, retirement age and mortality rate. Actual
       ditetapkan diakui secara langsung pada laporan laba rugi dan        results that differ from the assumptions are recognized
       penghasilan komprehensif lain pada saat perbedaan tersebut          immediately in the statement of profit or loss and other
       terjadi. Sementara Grup berkeyakinan bahwa asumsi tersebut          comprehensive income and when they occured. While the
       adalah wajar dan sesuai, perbedaan signifikan pada hasil            Company believe that their assumptions are reasonable and
       aktual atau perubahan signifikan dalam asumsi yang                  appropriate, significant differences in actual result or
       ditetapkan Grup dapat mempengaruhi secara material                  significant changes in the Group’s assumptions may
       liabilitas atas imbalan kerja dan beban imbalan kerja neto.         materially affect its employee benefits liabilities and
       Penjelasan lebih lanjut diungkapkan dalam Catatan 20.               employee benefits expense. Further details are disclosed in
                                                                           Note 20.

       Penyusutan Aset Tetap dan Aset Hak-Guna                             Depreciation of Fixed Assets and Right-of-Use Assets

       Aset tetap, kecuali tanah, dan hak-guna usaha, disusutkan           Fixed assets, except land, and right-of-use assets are
       dengan menggunakan metode garis lurus berdasarkan taksiran          depreciated on a straight-line method over their estimated
       umur manfaat ekonomisnya. Manajemen mengestimasi umur               useful lives. Management estimates the useful lives of these
       manfaat ekonomis aset tetap antara 3 sampai dengan 50               fixed assets to be within 3 to 50 years, rights-of-use assets to
       tahun, aset hak-guna antara 1 sampai 20 tahun. Ini adalah           be within 1 to 20 years. These are common life expectancies
       umur yang secara umum diharapkan dalam industri dimana              applied in the industries where the Group conducts its
       Grup menjalankan bisnisnya. Perubahan tingkat pemakaian             businesses. Changes in the expected level of usage and
       dan perkembangan teknologi dapat mempengaruhi umur                  technological development could impact the economic useful
       manfaat ekonomis dan nilai sisa aset, dan karenanya biaya           lives and the residual values of these assets, and therefore
       penyusutan masa depan mungkin direvisi.                             future depreciation charges could be revised.

       Aset Pajak Tangguhan                                                Deferred Tax Assets

       Estimasi signifikan oleh manajemen disyaratkan dalam                Significant management estimates are required to determine
       menentukan total aset pajak tangguhan yang dapat diakui,            the amount of deferred tax assets that can be recognized,
       berdasarkan saat penggunaan dan tingkat penghasilan kena            based upon the likely timing and the level of future taxable
       pajak dan strategi perencanaan pajak masa depan. Rincian            profits together with future tax planning strategies. The
       aset pajak tangguhan yang diakui selama tahun berjalan              details of deferred tax assets recognized during the year are
       diungkapkan dalam Catatan 31.                                       disclosed in Note 31.

       Penyisihan Keusangan dan Penurunan Nilai Persediaan                 Allowance for Obsolescence and Decline in Value of
                                                                           Inventories

       Penyisihan keusangan dan penurunan nilai persediaan                 Allowance for obsolescence and decline in value of
       diestimasi berdasarkan fakta dan keadaan yang tersedia,             inventories is estimated based on the best available facts and
       termasuk namun tidak terbatas kepada, kondisi fisik                 circumstances, including but not limited to, the inventories’
       persediaan yang dimiliki, harga jual pasar, estimasi biaya          own physical conditions, their market selling prices,
       penyelesaian dan estimasi biaya yang timbul untuk penjualan.        estimated costs of completion and estimated costs to sell.
       Provisi dievaluasi kembali dan disesuaikan jika terdapat            The provisions are re-evaluated and adjusted as additional
       tambahan informasi yang mempengaruhi total yang                     information received affects the amount estimated. Further
       diestimasi. Penjelasan lebih lanjut diungkapkan dalam               details are disclosed in Note 7.
       Catatan 7.
Page 428
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                       Ekshibit E/53                                                              Exhibit E/53


                   PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                     31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


3.     SUMBER ESTIMASI KETIDAKPASTIAN (Lanjutan)                         3.   SOURCE OF ESTIMATION UNCERTAINTY (Continued)

       Estimasi dan Asumsi (Lanjutan)                                         Estimates and Assumptions (Continued)

       Ketidakpastian Kewajiban Pajak                                         Uncertain Tax Exposure

       Dalam situasi tertentu, Grup tidak dapat menentukan secara             In certain circumstances, the Group, may not able to
       pasti jumlah liabilitas pajak mereka pada saat ini atau masa           determine the exact amount its current or future tax
       depan karena kemungkinan adanya pemeriksaan dari otoritas              liabilities due to possibility of examination by the taxation
       perpajakan.     Ketidakpastian    timbul    terkait    dengan          authority. Uncertainties exist with respect to the
       interpretasi dari peraturan perpajakan yang kompleks dan               interpretation of complex tax regulations and the amount
       jumlah dan waktu dari penghasilan kena pajak di masa depan.            and timing of future taxable income. In determining the
       Dalam menentukan jumlah yang harus diakui terkait dengan               amount to be recognized in respect of an uncertain tax
       liabilitas pajak yang tidak pasti, Grup menerapkan                     liability, the Group apply similar considerations as it would
       pertimbangan yang sama yang akan mereka gunakan dalam                  use in determining the amount of a provision to be
       menentukan jumlah cadangan yang harus diakui sesuai                    recognized in accordance with PSAK 237 (Revised 2009),
       dengan PSAK 237 (Revisi 2009), “Provisi, Liabilitas Kontinjensi        “Provisions, Contingent Liabilities and Contingent Assets”.
       dan Aset Kontinjensi”. Grup menganalisa semua posisi pajak             The Group analyzes all tax positions related to income taxes
       terkait dengan pajak penghasilan untuk menentukan liabilitas           to determine if a tax liability for unrecognized tax benefit
       pajak untuk beban yang belum diakui harus diakui.                      should be recognized.

       Pengakuan Pendapatan untuk Program Loyalitas                           Revenue Recognition for Loyalty Program

       Grup memperkirakan nilai wajar poin yang diberikan                     The Group estimates the fair The Group estimates the fair
       berdasarkan program loyalitas pelanggan dengan menerapkan              value of points awarded under the customer loyalty program
       teknik statistik. Input model mencakup asumsi tentang                  by applying statistical techniques. Inputs to the model
       tingkat penebusan yang diharapkan, perpaduan produk yang               include assumptions about expected redemption rates, the
       akan tersedia untuk penebusan di masa mendatang dan                    mix of products that will be available for redemption in the
       preferensi pelanggan. Karena poin yang dikeluarkan dalam               future and customer preferences. As points issued under the
       program ini kedaluwarsa, perkiraan tersebut memiliki                   program do expire, such estimates are subject to significant
       ketidakpastian yang signifikan. Penjelasan lebih lanjut                uncertainty.     Further   details     are    disclosed   in
       diungkapkan dalam Catatan 18.                                          Note 18.
Page 429
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                   Ekshibit E/54                                                                  Exhibit E/54


                   PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                     31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


4.     KAS DAN SETARA KAS                                                4.   CASH AND CASH EQUIVALENTS

       Akun ini terdiri dari:                                                 This account consists of:

                                                       2024                     2023
      Kas                                                                                                                     Cash on hand
        Rupiah                                            4.602.208              149.531.644                                       Rupiah
        Ringgit Malaysia                                 16.314.315               10.271.613                            Malaysian Ringgit
        Dolar Singapura                                     481.339                  595.355                             Singapore Dollar
      Bank - pihak ketiga                                                                                      Cash in banks - third parties
        Rupiah                                                                                                                     Rupiah
          PT Bank Central Asia Tbk                       99.559.683              110.356.618                   PT Bank Central Asia Tbk
          PT Bank Rakyat Indonesia (Persero) Tbk         20.598.789               50.243.145     PT Bank Rakyat Indonesia (Persero) Tbk
          PT Bank Mandiri (Persero) Tbk                  17.470.258              303.950.804              PT Bank Mandiri (Persero) Tbk
          PT Bank Negara Indonesia (Persero) Tbk         12.454.669               25.634.023     PT Bank Negara Indonesia (Persero) Tbk
          PT Bank CIMB Niaga Tbk                          6.264.907                1.569.331                    PT Bank CIMB Niaga Tbk
          PT Bank Artha Graha International Tbk           1.763.334                  542.205      PT Bank Artha Graha International Tbk
          Lain-lain (masing-masing
            dibawah Rp1 miliar)                             920.637                    53.496           Others (below Rp1 billion each)
        Dolar Amerika Serikat                                                                                        United States Dollar
          PT Bank Central Asia Tbk                       39.653.536               43.823.574                   PT Bank Central Asia Tbk
          United Overseas Bank (Malaysia) Bhd.           19.069.256                6.345.128       United Overseas Bank (Malaysia) Bhd.
          DBS Bank Ltd.                                  10.042.353               41.289.330                             DBS Bank Ltd.
          Oversea-Chinese Banking                                                                              Oversea-Chinese Banking
            Corporation Ltd.                              2.276.716                  941.842                         Corporation Ltd.
          China Trust Bank Co. Ltd.                          99.288                2.174.636                  China Trust Bank Co. Ltd.
          Lain-lain (masing-masing
            dibawah Rp1 miliar)                             107.952                    26.303           Others (below Rp1 billion each)
        Dolar Singapura                                                                                                  Singapore dollar
          DBS Bank Ltd.                                 149.787.022               59.909.087                              DBS Bank Ltd.
          Oversea-Chinese Banking                                                                              Oversea-Chinese Banking
            Corporation Ltd.                             29.373.071               16.853.427                         Corporation Ltd.
          CIMB Bank Bhd.                                  4.703.726                        -                            CIMB Bank Bhd.
          Malayan Banking Bhd.                            3.851.882                3.364.273                      Malayan Banking Bhd.
          United Overseas Bank (Malaysia) Bhd.            3.777.152                2.473.915       United Overseas Bank (Malaysia) Bhd.
          China Trust Bank Co. Ltd.                         260.909                4.616.303                  China Trust Bank Co. Ltd.
          PT Bank Central Asia Tbk                           10.248              526.109.634                   PT Bank Central Asia Tbk
          Lain-lain (masing-masing
            dibawah Rp1 miliar)                                 11.868                 11.712           Others (below Rp1 billion each)
        Ringgit Malaysia                                                                                                Malaysian Ringgit
          CIMB Group Holdings Berhad                    108.185.996               36.419.053               CIMB Group Holdings Berhad
          United Overseas Bank (Malaysia) Bhd.           36.230.826               12.599.283       United Overseas Bank (Malaysia) Bhd.
          Malayan Banking Bhd.                           22.529.558               28.368.718                      Malayan Banking Bhd.
          Hong Leong Bank Bhd.                            3.217.073                8.176.647                     Hong Leong Bank Bhd.
          RHB Bank Bhd.                                   2.249.315                3.048.107                             RHB Bank Bhd.
          Public Bank Bhd.                                1.409.028                5.999.342                          Public Bank Bhd.
          Affin Bank Bhd.                                   766.228                6.547.496                            Affin Bank Bhd.
          AmBank (M) Bhd.                                   597.873                1.279.221                          AmBank (M) Bhd.
          HSBC Bank Malaysia Bhd.                           366.713                2.983.490                   HSBC Bank Malaysia Bhd.
          Lain-lain (masing-masing
            dibawah Rp1 miliar)                           3.479.418                1.380.463              Others (below Rp1 billion each)
        Poundsterling                                                                                                       Poundsterling
          Lain-lain (masing-masing dibawah
            Rp1 miliar)                                     289.288                          -            Others (below Rp1 billion each)
Page 430
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/55                                                              Exhibit E/55


                   PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                    31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


4.     KAS DAN SETARA KAS (Lanjutan)                                    4.   CASH AND CASH EQUIVALENTS (Continued)

       Akun ini terdiri dari: (Lanjutan)                                     This account consists of: (Continued)

                                                         2024                  2023

       Setara kas                                                                                                          Cash equivalents
         Deposito berjangka                                                                                                 Time deposits
          Rupiah                                                                                                                 Rupiah
            PT Bank Rakyat Indonesia                                                                         PT Bank Rakyat Indonesia
              (Persero) Tbk                               457.608.913           261.900.000                          (Persero) Tbk
            PT Bank Negara Indonesia                                                                         PT Bank Negara Indonesia
              (Persero) Tbk                               100.000.000                     -                            (Persero) Tbk
            PT Bank Central Asia Tbk                        3.600.000             5.230.000                  PT Bank Central Asia Tbk
          Ringgit Malaysia                                                                                             Malaysian Ringgit
            Malayan Banking Bhd.                            8.008.580             6.684.460                      Malayan Banking Bhd.
          Dolar Singapura                                                                                               Singapore Dollar
            PT Bank CIMB Niaga Tbk                        549.666.055                     -                   PT Bank CIMB Niaga Tbk
            DBS Bank Ltd.                                  24.085.914            24.399.536                              DBS Bank Ltd.
      Total                                            1.765.745.896         1.765.703.214                                               Total

       Tidak terdapat penempatan kas dan setara kas kepada pihak-            There was no placement of cash and cash equivalents with
       pihak berelasi.                                                       related parties.

       Tidak terdapat saldo kas dan setara kas yang dibatasi                 There was no cash and cash equivalents that are restricted
       penggunaannya atau dijaminkan.                                        for use or pledged as collateral.

       Suku bunga tahunan untuk deposito berjangka dalam Rupiah              Annual interest rate for time deposits in Rupiah for the year
       untuk tahun yang berakhir pada tanggal 31 Desember 2024               ended 31 December 2024 and 2023 is ranging from 1.90% to
       dan 2023 berkisar antara 1,90% sampai 6,75% dan 1,90%                 6.75% and 1.90% to 6.60%, respectively. Annual interest rate
       sampai 6,60%. Suku bunga tahunan untuk deposito berjangka             for time deposits in Singapore Dollar for the year ended
       dalam Dolar Singapura untuk tahun yang berakhir pada                  31 December 2024 and 2023 is ranging from 2.40% to 3.60%
       tanggal 31 Desember 2024 dan 2023 adalah 2,40% sampai                 and 2.10% to 3.20%, respectively. Annual interest rate for
       3,60% dan 2,10% sampai 3,20%. Suku bunga tahunan untuk                time deposits in Malaysian Ringgit for the year ended
       deposito berjangka dalam Ringgit Malaysia untuk tahun yang            31 December 2024 and 2023 is ranging from 2.50% to 3.20%
       berakhir pada tanggal 31 Desember 2024 dan 2023 masing-               and 3.05% to 3.20%, respectively.
       masing berkisar antara 2,50% sampai 3,20% dan 3,05% sampai
       3,20%.


5.     PIUTANG                                                          5.   ACCOUNTS RECEIVABLES

       a. Piutang usaha - berdasarkan jenis                                  a. Trade receivables - based on types

                                                           2024                  2023
          Pihak ketiga                                                                                                          Third parties
            Rupiah                                        1.086.232.823         1.196.315.130                                       Rupiah
            Ringgit Malaysia                                 20.334.145           134.700.395                             Malaysian Ringgit
            Dolar Singapura                                  16.038.506            53.263.896                              Singapore Dollar

          Total pihak ketiga                              1.122.605.474         1.384.279.421                           Total third parties
          Cadangan kerugian penurunan nilai       (          36.478.649) (         36.133.678)             Allowance for impairment losses

          Total piutang usaha -                                                                                     Total trade receivables -
           pihak ketiga - neto                            1.086.126.825         1.348.145.743                           third parties – net
          Total piutang usaha -                                                                                     Total trade receivables -
           pihak berelasi - neto                             70.359.441            16.703.039                         related parties – net
          Total piutang usaha - neto                     1.156.486.266        1.364.848.782                   Total trade receivables – net
Page 431
                                                                                     These Consolidated Financial Statements are Originally
                                                                                                 Issued in Indonesian Language


                                                        Ekshibit E/56                                                                 Exhibit E/56


                   PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


5.     PIUTANG (Lanjutan)                                                5.    ACCOUNTS RECEIVABLES (Continued)

      a.   Piutang usaha - berdasarkan jenis (Lanjutan)                        a.    Trade receivables - based on types (Continued)

           Pada tanggal 31 Desember 2024 dan 2023, seluruh piutang                   As of 31 December 2024 and 2023, all of the Debtors’
           usaha para Debitur seperti yang diungkapkan pada                          trade receivables as stated in Note 16 are pledged as
           Catatan 16, dijaminkan untuk fasilitas utang bank.                        collateral for bank loan facilities.

           Rincian piutang usaha kepada pihak-pihak berelasi                         The details of trade receivables to related parties are
           diungkapkan lebih lanjut pada Catatan 33.                                 dislosed further in Note 33.

           Perubahan saldo pencadangan atas kerugian penurunan                       The movements in the balance of allowance for
           nilai piutang usaha - pihak ketiga untuk tahun yang                       impairment losses of trade receivables - third parties for
           berakhir pada 31 Desember 2024 dan 2023 adalah sebagai                    the year ended 31 December 2024 and 2023 are as
           berikut:                                                                  follows:

                                                              2024                     2023
           Saldo awal tahun                                    36.133.678               65.041.330                  Balance at beginning of year
           Saldo dari Entitas Anak pada tanggal                                                                      Balance from Subsidiaries at
             akusisi                                                 31.574                        -                          acquisition date
           Saldo dari Entitas Anak pada tanggal                                                                   Balance from Subsidiaries upon
             hilangnya pengendalian                 (           1.554.680)                         -                          loss of control
           Penambahan (Pembalikan) selama                                                                                   Additional (Reversal)
             tahun berjalan (Catatan 28)                        1.868.077 (             28.907.652)                  during the year (Note 28)
           Saldo akhir tahun                                  36.478.649               36.133.678                         Balance at end of year

           Berdasarkan hasil penelaahan terhadap keadaan akun                        Based on the review of trade receivables for each
           piutang usaha masing-masing pelanggan pada akhir tahun,                   customers at the end of the year, the Group’s
           manajemen Grup berpendapat bahwa cadangan kerugian                        management believe that the allowance for impairment
           penurunan nilai cukup untuk menutupi kemungkinan                          losses on trade receivables is adequate to cover possible
           kerugian atas tidak tertagihnya piutang usaha.                            losses from uncollectible of the receivables.

       b. Piutang usaha - berdasarkan umur                                     b. Trade receivables - based on aging

           Rincian umur piutang usaha - pihak ketiga adalah sebagai                  The aging analysis of trade receivables - third parties are
           berikut:                                                                  as follows:

                                                             2024                     2023
           Lancar                                             977.637.721            1.114.283.831                                        Current
           Telah jatuh tempo:                                                                                                            Overdue:
             1 - 30 hari                                      104.283.694             219.211.666                                    1 - 30 days
             31 - 60 hari                                       4.982.489              18.975.496                                   31 - 60 days
             61 - 90 hari                                       5.150.328               3.182.258                                   61 - 90 days
             Lebih dari 90 hari                                30.551.242              28.626.170                             More than 90 days
           Subtotal                                         1.122.605.474            1.384.279.421                                   Sub-total
           Cadangan kerugian penurunan nilai        (          36.478.649) (            36.133.678 )            Allowance for impairment losses
           Total piutang usaha -                                                                                       Total trade receivables -
            pihak ketiga - neto                            1.086.126.825            1.348.145.743                           third parties – net
Page 432
                                                                                     These Consolidated Financial Statements are Originally
                                                                                                 Issued in Indonesian Language


                                                          Ekshibit E/57                                                               Exhibit E/57


                   PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                       31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


5.     PIUTANG (Lanjutan)                                                  5.     ACCOUNTS RECEIVABLE (Continued)

      b.   Piutang usaha - berdasarkan umur (Lanjutan)                            b. Trade receivables - based on aging (Continued)

           Rincian umur piutang usaha - pihak berelasi adalah                        The aging analysis of trade receivables - related parties
           sebagai berikut:                                                          are as follows:

                                                               2024                   2023
           Lancar                                                15.322.578              8.162.222                                        Current
           Telah jatuh tempo:                                                                                                            Overdue:
             1 - 30 hari                                         55.021.181              8.468.737                                   1 - 30 days
             31 - 60 hari                                             8.400                 72.080                                  31 - 60 days
             61 - 90 hari                                             7.282                      -                                  61 - 90 days
             Lebih dari 90 hari                                   3.439.171              3.439.171                            More than 90 days
           Subtotal                                              73.798.612             20.142.210                                    Sub-total
           Cadangan kerugian penurunan nilai          (           3.439.171 ) (          3.439.171 )              Allowance for impairment loss
           Total piutang usaha -                                                                                       Total trade receivables -
            pihak berelasi - neto                               70.359.441             16.703.039                        related parties – net

      c.   Piutang lain-lain - berdasarkan jenis                                  c. Other receivables - based on types

                                                               2024                   2023
           Pihak ketiga:                                                                                                            Third parties:
             Rupiah                                             278.899.339           333.410.253                                        Rupiah
             Ringgit Malaysia                                   124.067.365           115.592.749                             Malaysian Ringgit
             Dolar Singapura                                     50.814.240            53.567.821                              Singapore Dollar
             Dolar Amerika Serikat                                        -           162.252.273                           United States Dollar
           Total pihak ketiga                                   453.780.944           664.823.096                            Total third parties
           Cadangan kerugian penurunan nilai          (          80.724.765) (            779.701)              Allowance for impairment losses

           Total piutang lain-lain                                                                                    Total other receivables –
            pihak ketiga - neto                                 373.056.179           664.043.395                          third parties – net
           Total piutang lain-lain - pihak berelasi              52.817.037             8.374.356      Total other receivables - related parties

           Total piutang lain-lain - neto                      425.873.216           672.417.751                   Total other receivables - net

           Pada tanggal 31 Desember 2024 dan 2023, piutang lain-                     As of 31 December 2024 dan 2023, other receivables
           lain sebagian besar merupakan piutang sehubungan                          mainly represent receivables arising from promotion
           dengan dukungan promosi yang diberikan oleh pemasok.                      support provided by suppliers.

           Rincian piutang lain-lain kepada pihak-pihak berelasi                     The details of other receivables to related parties are
           diungkapkan lebih lanjut pada Catatan 33.                                 disclosed further in Note 33.

           Mutasi cadangan penurunan nilai piutang lain-lain - pihak                 The movements of allowance for impairment losses of
           ketiga untuk tahun yang berakhir pada 31 Desember 2024                    other receivables - third parties for the year ended
           dan 2023 adalah sebagai berikut:                                          31 December 2024 and 2023 are as follows:

                                                               2024                   2023
           Saldo awal tahun                                         779.701              1.861.743                   Balance at beginning of year
           Penambahan (pemulihan) penyisihan
             kerugian penurunan nilai selama tahun                                                           Additional (recovery) allowance for
             berjalan                                            79.945.064 (            1.082.042 )          impairment losses during the year
           Saldo akhir tahun                                    80.724.765                779.701                         Balance at end of year

           Berdasarkan hasil penelaahan terhadap keadaan akun                        Based on the review of the status of other receivables at
           piutang lain-lain pada akhir tahun, manajemen Grup                        the end of the year, the Group’s management believe that
           berpendapat bahwa cadangan kerugian penurunan nilai                       the allowance for impairment losses on other receivables
           cukup untuk menutupi kemungkinan kerugian atas tidak                      is adequate to cover possible losses from uncollectible of
           tertagihnya piutang lain-lain.                                            the other receivables.
Page 433
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                     Ekshibit E/58                                                                 Exhibit E/58


                   PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


6.     ASET KEUANGAN LAINNYA                                              6.   OTHER FINANCIAL ASSETS

       Akun ini terdiri dari:                                                  This account consists of:

                                                         2024                    2023
      Aset keuangan lainnya – bagian lancar                                                                  Other financial assets - current
       Uang jaminan                                                                                                         Security deposits
         Rupiah – entitas anak                                118.500                       -                           Rupiah - subsidiary
         Ringgit Malaysia - entitas anak                   57.371.077              50.683.570                 Malaysian Ringgit - subsidiary
         Dolar Singapura - entitas anak                     7.512.683                       -                  Singapore Dollar - subsidiary
       Convertible notes                                                                                                   Convertible notes
         Dolar Singapura - entitas anak                               -               270.888                  Singapore Dollar - subsidiary
      Total aset keuangan lainnya – bagian
       lancar                                             65.002.260              50.954.458           Total other financial asset - current
      Aset keuangan lainnya – bagian tidak
       lancar                                                                                           Other financial assets – non current
       Uang jaminan                                                                                                        Security deposits
         Rupiah                                           128.593.580             107.062.818                                      Rupiah
         Dolar Singapura - entitas anak                    29.320.509              34.413.045              Singapore Dollar - subsidiaries
         Ringgit Malaysia - entitas anak                      343.049                 128.208               Malaysian Ringgit - subsidiary
       Convertible notes                                                                                                  Convertible notes
         Rupiah                                                       -            16.000.000                                      Rupiah
       Investasi pada saham -                                                                                          Investment in share -
         nilai wajar melalui penghasilan                                                                         fair value through other
         komprehensif lain                                                                                         comprehensive income
         Dolar Singapura - entitas anak                       636.638                 636.638                Singapore dollar - subsidiary
      Total aset keuangan lainnya – bagian tidak
       lancar                                           158.893.776             158.240.709 Total other financial assets - non-current
      Total aset keuangan lainnya                       223.896.036             209.195.167                       Total other financial asset

       Pada tanggal 31 Desember 2024 dan 2023, uang jaminan                    As of 31 December 2024 and 2023, security deposits of
       masing-masing sebesar RM15.865.895 atau setara dengan                   MYR15,865,895 or equivalent to Rp57,371,077 and
       Rp57.371.077 dan RM15.165.640 atau setara dengan                        MYR15,165,640 or equivalent to Rp50,683,570, respectively
       Rp50.683.570 merupakan uang yang disetorkan oleh CG                     represent the amount deposited by CG Computers Sdn. Bhd.
       Computers Sdn. Bhd. kepada pemilik mal terkait sewa jangka              to shopping mall owners in relation to short-term rental for
       pendek untuk outlet retailnya.                                          its retail outlets.

       Pada tanggal 31 Desember 2024 dan 2023, uang jaminan                    As of 31 December 2024 and 2023, security deposits
       masing-masing sebesar Rp158.893.777 dan Rp 141.604.071                  amounting      to     Rp158,893,777   and    Rp141,604,071,
       merupakan uang jaminan yang disetorkan sebagian besar oleh              respectively, primarily represents deposit paid by EAR, ESS,
       EAR, ESS, EIS, ETC, ERDIRET, DCM, MII, NASA dan EAI kepada              EIS, ETC, ERDIRET, DCM, MII, NASA dan EAI to shopping mall
       pemilik mal terkait sewa jangka panjang untuk outlet                    owners in relation to their long-term lease agreements for
       retailnya.                                                              their retail outlets.

       Pada tanggal 21 Februari 2023, Perusahaan melalui DCM                   As of 21 February 2023, the Company through DCM,
       melakukan pembelian surat obligasi wajib konversi yang                  purchased mandatory convertible bonds issued by PT Inetindo
       diterbitkan PT Inetindo Infocom (Story-I) sebesar                       Infocom (Story-I) amounting to Rp16,000,000 which will be
       Rp16.000.000, yang akan dikonversi menjadi saham konversi               converted into convertible shares on the maturity date with
       pada tanggal jatuh tempo dengan jangka waktu tiga (3) tahun             a term of three (3) years after the issuance date. The
       setelah tanggal penerbitan. Obligasi konversi ini memiliki              convertible bonds' interest rate is equal to BI 7-day (Reverse)
       tingkat suku bunga sebesar BI 7-day (Reverse) Repo Rate + 5%            Repo Rate + 5% per annum.
       per tahun.

       Berdasarkan putusan Pengadilan Niaga No. 19/Pdt.Sus-                     Based on the Commercial Court decision No.19/Pdt.Sus-
       PKPU/2024/PN.NiagaJkt.Pst pada tanggal 13 Mei 2024, PT                   PKPU/2024/PN.NiagaJkt.Pst on 13 May 2024, PT Inetindo
       Inetindo Infocom dinyatakan pailit, sehingga Perusahaan                  Infocom was declared bankrupt, therefore the Company
       melalui DCM melakukan penghapusan atas surat obligasi                    through DCM write-off Inetindo’s convertible bonds
       wajib konversi Inetindo sebesar Rp16.000.000.                            amounting to Rp16.000.000.
Page 434
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                        Ekshibit E/59                                                               Exhibit E/59


                   PT ERAJAYA SWASEMBADA Tbk                                               PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                   FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                        31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


7.     PERSEDIAAN – NETO                                                  7.    INVENTORIES – NET

       Akun ini terdiri dari:                                                   This account consists of:

                                                            2024                  2023
      Telepon selular dan tablet                          4.786.050.244          6.312.013.265                   Cellular phones and tablets
      Komputer dan peralatan elektronik lainnya             576.698.407            459.017.638         Computer and other electronic devices
      Produk operator                                        41.033.505             64.521.091                            Operator products
      Suku cadang                                            17.938.582             25.497.682                                    Spareparts
      Aksesoris dan lain-lain                             1.954.710.204          1.469.142.127                        Accessories and others
      Barang dalam perjalanan                                49.543.071             28.587.383                              Goods in transit
      Total                                               7.425.974.013          8.358.779.186                                            Total
      Cadangan keusangan dan                                                                                   Allowance for obsolescence and
       penurunan nilai persediaan                   (       295.056.099) (         312.178.812 )               decline in value of inventories
      Neto                                               7.130.917.914          8.046.600.374                                               Net

       Mutasi cadangan keusangan dan penurunan nilai persediaan                 The movements of allowance for obsolescence and decline in
       untuk tahun yang berakhir pada 31 Desember 2024 dan 2023                 value of inventories for the year ended 31 December 2024
       adalah sebagai berikut:                                                  and 2023 are as follows:

                                                            2024                  2023
      Saldo awal tahun                                      312.178.812            227.178.832                Balance at beginning of year
      Penambahan (pemulihan) cadangan                                                          Addition (recovery) provision allowance for
        keusangan dan penurunan nilai persediaan                                                    obsolescence and decline in value of
        selama tahun berjalan(Catatan 28)           (         15.363.168)           84.999.980     inventories during the year (Note 28)
      Saldo dari entitas anak pada tanggal akuisisi              778.179                     -    Balance of a subsidiary upon acquisition
      Saldo dari entitas anak pada tanggal
        hilangnya pengendalian                      (          2.537.724)                      - Balance of a subsidiary upon loss of control
      Saldo akhir periode                                  295.056.099            312.178.812                         Balance at end of period

       Berdasarkan hasil penelaahan berkala terhadap keadaan fisik              Based on the review of the physical condition of the
       dan nilai realisasi neto persediaan, manajemen Grup                      inventories and net realizable value of inventories, the
       berkeyakinan bahwa cadangan keusangan dan penurunan nilai                Group’s management believe that the allowance for
       persediaan pada tanggal 31 Desember 2024 dan 2023 telah                  obsolescence and decline in value of inventories as of
       memadai untuk menutup kemungkinan kerugian keusangan                     31 December 2024 and 2023 are adequate to cover possible
       dan penurunan nilai persediaan.                                          losses arising from obsolescence and decline in value of
                                                                                inventories.

       Pada tanggal 31 Desember 2024, Grup mengasuransikan                      As of 31 December 2024, Group’s inventories are covered by
       persediaannya terhadap risiko kebakaran dan risiko lainnya               insurance against fire and other risks under blanket policies
       berdasarkan suatu paket polis tertentu dengan nilai                      of Rp5,680,914,197 to several third party insurance
       pertanggungan sebesar Rp5.680.914.197 kepada beberapa                    companies, PT Asuransi Etiqa Internasional Indonesia, PT
       perusahaan asuransi pihak ketiga, antara lain PT Asuransi                Asuransi Umum BCA, PT Arthagraha General Insurance,
       Etiqa Internasional Indonesia, PT Asuransi Umum BCA, PT                  Generali Insurance Malaysia Berhad, Liberty Insurance Pte.
       Arthagraha General Insurance, Generali Insurance Malaysia                Ltd., Etiqa Insurance Pte. Ltd., Allied World Company Ltd.,
       Berhad, Liberty Insurance Pte. Ltd., Etiqa Insurance Pte. Ltd.,          Tiong Bahru Plaza LLP, AXA Affin General Insurance Berhad,
       Allied World Company Ltd., Tiong Bahru Plaza LLP, AXA Affin              MSIG Insurance Pte. Ltd. and Berjaya Sompo Insurance
       General Insurance Berhad, MSIG Insurance Pte Ltd. dan                    Berhad. The Group’s management believe that the insurance
       Berjaya Sompo Insurance Berhad. Manajemen Grup                           coverage is adequate to cover possible losses arising from
       berkeyakinan bahwa nilai pertanggungan tersebut cukup                    such risks.
       untuk menutupi kemungkinan kerugian.

       Pada tanggal 31 Desember 2024 dan 2023, seluruh persediaan               As of 31 December 2024 and 2023, all of the Debitors’
       para Debitur seperti yang diungkapkan pada Catatan 16,                   inventories as stated in Note 16, are pledged as collateral for
       dijaminkan untuk fasilitas utang bank.                                   bank loan facilities.
Page 435
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                      Ekshibit E/60                                                                Exhibit E/60


                   PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                      31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


8.     UANG MUKA                                                          8.   ADVANCES

       Akun ini terdiri dari:                                                  This account consists of:

                                                         2024                    2023
      Uang muka:                                                                                                                  Advances:
       Uang muka pembelian persedian                      269.060.705             252.047.861         Advances for purchase of inventories
       Uang muka untuk pembayaran                                                                                Advances for payment of
         kegiatan operasional                                31.102.578            12.980.597                      operational expenses
       Uang muka untuk pembelian saham                          835.000             1.495.000             Advances for share subscription
      Total                                              300.998.283             266.523.458                                               Total


9.     BIAYA DIBAYAR DI MUKA                                              9.   PREPAID EXPENSES

       Akun ini terdiri dari:                                                  This account consists of:

                                                         2024                    2023
      Biaya dibayar di muka:                                                                                                  Prepaid expenses:
        Sewa                                                 17.866.379             9.984.956                                            Rent
        Asuransi                                              1.721.812               817.860                                       Insurance
        Lain-lain                                            11.230.943            12.249.640                                          Others
      Total                                                  30.819.134            23.052.456                                            Total
       Biaya dibayar di muka                                                                                                Prepaid expenses
       – bagian lancar                            (          30.279.134) (         23.052.456)                              – current portion
      Bagian tidak lancar                                      540.000                        -                           Non-current portion


10. UANG MUKA PEMBELIAN               ASET   TETAP     DAN     ASET       10. ADVANCES FOR PURCHASE                OF    FIXED    ASSETS    AND
    TAKBERWUJUD                                                               INTANGIBLE ASSETS

       Pada tanggal 31 Desember 2024 dan 2023, uang muka                       As of 31 December 2024 and 2023, advances for purchases of
       pembelian aset tetap, merupakan uang muka pembelian                     fixed assets, are represent advance for purchase of building
       bangunan dan beberapa bidang tanah.                                     and several piece of land.

       Pada tahun 2024, uang muka pembelian aset tetap sebesar                 On 2024, the advance for purchase of fixed assets amounting
       Rp66.024.551 telah direklasifikasi menjadi aset dalam                   to Rp66,024,551 has been reclassified to construction in
       penyelesaian bangunan dan prasarana. Aset tetap dalam                   progress - building and improvements. Construction in
       penyelesaian senilai Rp54.554.025 juga direklasifikasi                  progress - building and improvements amounting to
       menjadi uang muka pembelian aset tetap.                                 Rp54,554,025, was reclassified as advances for purchase of
                                                                               fixed assets.

       Pada tahun 2023, uang muka pembelian aset tetap sebesar                 In 2023, the advance for purchase of fixed assets amounting
       Rp46.041.296 telah direklasifikasi menjadi aset dalam                   to Rp46,041,296 were reclassified as construction in progress
       penyelesaian bangunan dan prasarana. Aset tetap berupa                  - building and improvements. Fixed assets in form of land
       tanah senilai Rp65.618.182 juga direklasifikasi menjadi uang            amounting to Rp65,618,182, is also reclassified to advance
       muka pembelian aset tetap setelah tanah tersebut digunakan              for purchase of fixed assets after the land is used as down
       sebagai uang muka pembelian tanah dengan lokasi yang lebih              payment for the purchase of a land with more strategic
       strategis.                                                              location.
Page 436
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                    Ekshibit E/61                                                              Exhibit E/61


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA                11. INVESTMENT IN ASSOCIATES AND JOINT VENTURES

    Detail investasi pada entitas asosiasi dan ventura bersama             The details of investment in associates and joint ventures are
    sebagai berikut:                                                       as follows:

                                                        2024                 2023
    Nilai tercatat investasi dengan                                                                          Carrying value of investment
      Metode Ekuitas:                                                                                               with Equity Method:
      Entitas asosiasi                                    75.815.060           65.487.380                          Associated companies
      Entitas ventura bersama                            352.039.853          399.348.024                                 Joint ventures
    Investasi pada entitas asosiasi                                                                              Investment in associate
      dan ventura bersama                              427.854.913           464.835.404                               and Joint ventures

    a. Rincian dari investasi pada entitas asosiasi adalah sebagai         a. The details of investment in associates are as follows:
       berikut:

                                                        2024                 2023
       Biaya perolehan:                                                                                                   Acquisition cost:
         Saldo awal                                       74.262.665           70.587.665                              Beginning balance
         Penambahan                                                -            3.675.000                                       Addition
         Total                                            74.262.665           74.262.665                                              Total


       Akumulasi bagian laba (rugi)                                                                    Accumulated share of profit (loss)
        entitas asosiasi - neto:                                                                                 from associates - net:
        Saldo awal                              (          8.775.285) (        11.076.423 )                          Beginning balance
        Bagian laba entitas asosiasi                                                                    Share of profit from associated
          periode berjalan                                10.284.261             4.708.041                  companies for the period
        Bagian penghasilan                                                                               Share of other comprehensive
          komprehensif lain entitas                                                                           income from associates
          asosiasi periode berjalan                           43.419                19.556                              for the period
         Total                                             1.552.395 (           6.348.826 )                                            Total
       Dividen                                                       - (         2.426.459 )                                           Dividend
       Nilai tercatat investasi pada entitas                                                         Carrying amount of investment in
         asosiasi dengan metode ekuitas                 75.815.060            65.487.380       associated companies - equity method

       Pada tahun 2023, Eravest Holding Pte Ltd telah menerima                On 2023, Eravest Holding Pte Ltd has received cash
       deviden dari PT Sushi-Tei Indonesia sebesar Rp2.426.459.               dividend from PT Sushi-Tei Indonesia amounting to
                                                                              Rp2,426,459.

       Pada tanggal 4 Juli 2023, PT Prakarsa Prima Sentosa                    On 4 July 2023, PT Prakarsa Prima Sentosa (“PPS”)
       (“PPS”) bersama dengan pihak ketiga mendirikan                         together with third party established PT Blackhawk
       PT Blackhawk Network Indonesia (“BHNI”), dimana PPS                    Network Indonesia (“BHNI”), in which PPS owned 35%
       memiliki 35% kepemilikan pada BHNI. Jumlah imbalan                     ownership interests in BHNI. Total consideration paid by
       yang dibayarkan oleh PPS untuk pendirian BHNI adalah                   PPS for the establishment of BHNI is amounting to
       sebesar Rp3.675.000.                                                   Rp3,675,000.
Page 437
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                       Ekshibit E/62                                                               Exhibit E/62


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA                11. INVESTMENT         IN   ASSOCIATES      AND     JOINT    VENTURES
    (Lanjutan)                                                             (Continued)

    a. Rincian dari investasi pada entitas asosiasi adalah sebagai            a. The details of investment in associates are as follows:
       berikut: (Lanjutan)                                                       (Continued)

       Rincian total aset, liabilitas, penjualan neto dan laba                   The details of total assets, liabilities, net sales and profit
       (rugi) tahun berjalan entitas asosiasi adalah sebagai                     (loss) for the year of associates are as follows:
       berikut:

                                                            2024                  2023
       PT Bolttech Device Protection                                                                         PT Bolttech Device Protection
        Indonesia                                                                                                                Indonesia
        Aset                                                 236.390.815           264.793.000                                       Assets
        Liabilitas                                           245.418.409           274.409.000                                   Liabilities
        Penjualan neto                                       345.682.116           315.983.452                                    Net sales
        Laba (rugi) tahun berjalan                             8.149.234 (          21.054.079)                  Profit (loss) for the year
       PT Sushi-Tei Indonesia                                                                                         PT Sushi-Tei Indonesia
        Aset                                                 235.459.706           254.425.560                                        Assets
        Liabilitas                                           144.467.979           143.327.655                                    Liabilities
        Penjualan neto                                     1.069.054.607           951.376.119                                     Net sales
        Laba tahun berjalan                                   78.168.460            61.559.032                           Profit for the year
       PT Citra Anugrah Sukses Abadi                                                                         PT Citra Anugrah Sukses Abadi
        Aset                                                  16.495.378            16.322.275                                       Assets
        Liabilitas                                               329.056               315.928                                   Liabilities
        Penjualan neto                                                 -                     -                                    Net sales
        Laba tahun berjalan                                      159.976               133.478                          Profit for the year
       PT Mega Mulia Servindo                                                                                       PT Mega Mulia Servindo
        Aset                                                     257.010               366.000                                         Assets
        Liabilitas                                             2.083.375             2.197.150                                     Liabilities
        Penjualan neto                                                 -                     -                                      Net sales
        Laba (rugi) tahun berjalan                                 4.784 (               7.053)                    Profit (loss) for the year
       PT Blackhawk Network Indonesia                                                                     PT Blackhawk Network Indonesia
        Aset                                                  10.500.000                       -                                 Assets

    b. Rincian dari investasi pada ventura bersama adalah                     b. The details of investment in joint venture are as follows:
       sebagai berikut:

                                                            2024                  2023
       Entitas Ventura Bersama                                                                                                Joint Ventures
       Biaya perolehan:                                                                                                      Acquisition cost:
         Saldo awal                                          445.452.836           361.752.836                            Beginning balance
         Akuisisi menjadi Entitas Anak             (          90.901.000)                    -                   Acquisition of Subsidiaries
         Penambahan                                           90.030.000            83.700.000                                     Addition
         Total                                               444.581.836           445.452.836                                            Total
       Akumulasi bagian rugi                                                                                        Accumulated share of loss
        entitas ventura bersama - neto:                                                                           from joint ventures - net:
        Saldo awal                                 (          46.104.812) (         20.348.472)                           Beginning balance
        Akuisisi menjadi Entitas Anak              (          34.785.910)                    -                   Acquisition of Subsidiaries
        Bagian rugi entitas ventura bersama                                                                               Share of loss from
          tahun berjalan                           (          11.776.235) (         25.539.863)               joint ventures for the year
        Bagian laba (rugi) komprehensif                                                                      Share of other comprehensive
          lain entitas ventura                                                                           Profit (loss) from joint ventures
          bersama tahun berjalan                                 124.974 (             216.477)                               for the year
         Total                                     (          92.541.983) (         46.104.812)                                           Total
       Nilai tercatat investasi pada                                                                        Carrying amount of investment
         pada entitas ventura bersama -                                                                               in joint ventures -
         metode ekuitas                                     352.039.853           399.348.024                             equity method
Page 438
                                                                         These Consolidated Financial Statements are Originally
                                                                                     Issued in Indonesian Language


                                                 Ekshibit E/63                                                             Exhibit E/63


                PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA           11. INVESTMENT      IN   ASSOCIATES      AND     JOINT    VENTURES
    (Lanjutan)                                                        (Continued)

    b. Rincian dari investasi pada ventura bersama adalah             b. The details of investment in joint venture are as follows:
       sebagai berikut: (Lanjutan)                                       (Continued)

       Berdasarkan Akta Notaris Raden Mas Dendy Soebangil,               Based on Notarial Deed Raden Mas Dendy Soebangil, S.H.,
       S.H., M.Kn. No. 12 tanggal 29 Maret 2022, PT Era Blu              M.Kn. No. 12 dated 29 March 2022, PT Era Blu Elektronik
       Elektronik menerbitkan 400.449 saham baru dengan nilai            issued 400,449 new shares with total nominal amount of
       nominal Rp400.449.000 yang diambil bagian oleh EAR dan            Rp400,449,000 which were taken by EAR and The Gioi Di
       The Gioi Di Dong Joint Stock Company, pihak ketiga,               Dong Joint Stock Company, third party, amounted to
       masing-masing      sebesar      Rp220.225.000      dan            Rp220,225,000 and Rp180,225,000, respectively. After
       Rp180.225.000. Setelah peningkatan modal tersebut,                the capital increase, EAR’s ownership interest in PT Era
       persentase kepemilikan EAR pada PT Era Blu Elektronik             Blu Elektronik changed from 98% to become 55%.
       berubah dari 98% menjadi 55%. Selanjutnya, berdasarkan            Furthermore, based on the Shareholders’ Agreement
       Perjanjian Para Pemegang Saham yang ditandatangani                entered into by both parties, PT Era Blu Elektronik is
       kedua belah pihak, PT Era Blu Elektronik dikendalikan             joint controlled by both of its shareholders.
       secara bersama-sama oleh kedua pemegang sahamnya.

       PT Teknologi Belanja Digital (“TBD”) merupakan entitas            PT Teknologi Belanja Digital (“TBD”) is joint venture
       ventura bersama yang dikendalikan secara bersama-sama             entity which are joint controlled by Eraspace Pte. Ltd.
       oleh Eraspace Pte. Ltd. dan PT Perjuangan Anak Muda,              and PT Perjuangan Anak Muda, third party, in which
       pihak ketiga, dimana Eraspace Pte. Ltd. memiliki 51%              Eraspace Pte. Ltd. owned 51% of the entity. The joint
       kepemilikan pada entitas tersebut. Pengaturan bersama             arrangement is governed by the Shareholders’ Agreement
       tersebut diatur dalam Perjanjian Para Pemegang Saham              signed by Eraspace Pte. Ltd. and PT Perjuangan Anak
       yang ditandatangani oleh Eraspace Pte. Ltd. dan                   Muda dated 7 March 2022.
       PT Perjuangan Anak Muda tertanggal 7 Maret 2022.

       Berdasarkan Akta Notaris Makmur Tridharma, S.H., No. 70,          Based on Notarial Deed Makmur Tridharma, S.H., No. 70,
       pada tanggal 22 Desember 2023, pemegang saham TBD                 on 22 December 2023, the shareholders of TBD agreed to
       menyetujui peningkatan modal disetor dan ditempatkan              increased its fully and paid share capital amounting to
       penuh sebesar Rp2.000.000 yang diambil bagian oleh                Rp2,000,000 which taken by Eraspace Pte. Ltd. amounting
       Eraspace Pte. Ltd. sebesar Rp1.020.000. Setelah                   to Rp1,020,000. After the above changes, there is no
       perubahan di atas, tidak ada perubahan kepemilikan                change in Eraspace Pte. Ltd.’s ownership in TBD.
       Eraspace Pte. Ltd. pada TBD.

       Berdasarkan Akta Notaris Makmur Tridharma, S.H., No. 61,          Based on Notarial Deed Makmur Tridharma, S.H., No. 61,
       pada tanggal 18 Desember 2024, pemegang saham TBD                 dated 18 December 2024, the shareholders of TBD agreed
       menyetujui peningkatan modal disetor dan ditempatkan              to increased its fully and paid share capital amounting to
       penuh sebesar Rp9.000.000 yang diambil bagian oleh                Rp9,000,000 which taken by Eraspace Pte. Ltd. amounting
       Eraspace Pte. Ltd. sebesar Rp4.590.000. Setelah                   to Rp4,590,000. After the above changes, there is no
       perubahan di atas, tidak ada perubahan kepemilikan                change in Eraspace Pte. Ltd.’s ownership in TBD.
       Eraspace Pte. Ltd. pada TBD.

       Berdasarkan Akta Notaris Petty Fatimah, S.H., M.Hum.,             Based on Notarial Deed Petty Fatimah, S.H., M.Hum.,
       M.Kn., No. 24, pada tanggal 30 Mei 2023, pemegang saham           M.Kn., No. 24, on 30 May 2023, the shareholders of ECI
       ECI menyetujui peningkatan modal disetor dan                      agreed to increased its fully and paid share capital
       ditempatkan penuh sebesar Rp25.000.000 yang diambil               amounted to Rp25,000,000 which taken by EPI amounted
       bagian oleh EPI sebesar Rp12.475.000. Setelah perubahan           to Rp12,475,000. After the above changes, the ownership
       di atas, persentase kepemilikan EPI pada ECI adalah               interest of EPI in ECI become 49.90%.
       sebesar 49,90%.

       Berdasarkan Akta Notaris Petty Fatimah, S.H., M.Hum.,             Based on Notarial Deed Petty Fatimah, S.H., M.Hum.,
       M.Kn., No. 34, pada tanggal 27 Oktober 2023, pemegang             M.Kn., No. 34, on 27 October 2023, the shareholders of
       saham ECI menyetujui peningkatan modal disetor dan                ECI agreed to increased its fully and paid share capital
       ditempatkan penuh sebesar Rp15.000.000 yang diambil               amounted to Rp15,000,000 which taken by EPI amounted
       bagian oleh EPI sebesar Rp7.485.000. Setelah peningkatan          to Rp7,485,000. After the increase in share, there is no
       saham tersebut, tidak ada perubahan kepemilikan EPI               change in EPI’s ownership in ECI.
       pada ECI.
Page 439
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/64                                                              Exhibit E/64


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA              11. INVESTMENT      IN   ASSOCIATES      AND     JOINT    VENTURES
    (Lanjutan)                                                           (Continued)

    b. Rincian dari investasi pada ventura bersama adalah                b. The details of investment in joint venture are as follows:
       sebagai berikut: (Lanjutan)                                          (Continued)

       Pada tanggal 4 Januari 2022, PT Era Prima Indonesia                  As of 4 January 2022, PT Era Prima Indonesia (“EPI”)
       (“EPI”) bersama dengan, Caring Pharmacy Retail                       together with Caring Pharmacy Retail Management Sdn.
       Management Sdn. Bhd. (“CPRM”), pihak ketiga,                         Bhd. (“CPRM”), third party, established PT Era Caring
       mendirikan PT Era Caring Indonesia (“ECI”), dimana EPI               Indonesia (“ECI”), in which EPI owned 49.88% ownership
       memiliki 49,88% kepemilikan pada ECI. Jumlah imbalan                 interests in ECI. Total consideration paid by EPI for the
       yang dibayarkan oleh EPI untuk pendirian ECI adalah                  establishment of ECI is amounting to Rp5,003,000. Based
       sebesar Rp5.003.000. Berdasarkan Anggaran Dasar ECI, EPI             on ECI’s Articles of Association, EPI and CPRM joint
       dan CPRM secara bersama-sama mengendalikan ECI.                      controlled ECI. In addition, EPI and CPRM also entered
       Selain itu, EPI dan CPRM juga menandatangani Perjanjian              into a Governance Agreement on PT Era Farma Indonesia
       Tata Kelola atas PT Era Farma Indonesia (“EFI”), dimana              (“EFI”), where CPRM as the investor of the convertible
       CPRM sebagai pemegang obligasi konversi yang                         bonds issued by EFI is obtaining the joint control with EPI
       diterbitkan EFI mendapatkan pengendalian bersama                     to control EFI. Accordingly, EPI’s investment in ECI and EFI
       dengan EPI untuk mengendalikan EFI. Sehingga investasi               are accounted as investment in joint ventures.
       EPI pada ECI dan EFI dicatat sebagai investasi pada entitas
       ventura bersama.

       Pada tanggal 13 Desember 2023, obligasi konversi yang                As of 13 December 2023, the convertible bonds held by
       dimiliki CPRM dialihkan ke Indo Ventures Sdn. Bhd. Setelah           CPRM is transferred to Indo Ventures Sdn. Bhd. After the
       pengalihan tersebut Anggaran Dasar EFI juga disesuaikan,             transfer, the Articles of Association of EFI is also amended
       dan EFI menjadi dikendalikan secara bersama-sama oleh                accordingly and EFI become joint controlled by EPI and
       EPI dan Indo Ventures Sdn. Bhd.                                      Indo Ventures Sdn. Bhd.

       Pada tanggal 13 Desember 2023, investasi yang dimiliki               As of 13 December 2023, the investment held by CPRM is
       CPRM dialihkan ke Indo Ventures Sdn. Bhd. Setelah                    transferred to Indo Ventures Sdn. Bhd. After the transfer,
       pengalihan tersebut Anggaran Dasar ECI juga disesuaikan,             the articles of Association of ECI is also amended
       dan ECI menjadi dikendalikan secara bersama-sama oleh                accordingly and ECI become joint controlled by EPI and
       EPI dan Indo Ventures Sdn. Bhd.                                      Indo Ventures Sdn. Bhd.

       Berdasarkan Akta Notaris Makmur Tridharma, S.H., No. 59              Based on Notarial Deed Makmur Tridharma, S.H., No. 59
       tanggal 18 Desember 2024, pemegang saham ECI                         dated 18 December 2024, the shareholders of ECI agreed
       menyetujui    peningkatan    modal    disetor sebesar                to increased its paid share capital amounting to
       Rp33.000.000 yang diambil bagian oleh EPI sebesar                    Rp33,000,000 which taken by EPI amounting to
       Rp16.467.000. Setelah peningkatan saham tersebut, tidak              Rp16,467,000. After the increase in share, there is no
       ada perubahan kepemilikan EPI pada ECI.                              change in EPI’s ownership in ECI.

       Berdasarkan Akta Notaris Petty Fatimah, S.H., M.Hum.,                Based on Notarial Deed Petty Fatimah, S.H., M.Hum.,
       M.Kn., No. 19 tanggal 28 Oktober 2022, pemegang saham                M.Kn., No. 19 dated 28 October 2022, the shareholders of
       JDFI menyetujui peningkatan modal disetor dan                        JDFI agreed to increased its fully and paid share capital
       ditempatkan penuh sebesar Rp100.000.000 yang diambil                 amounted to Rp100,000,000 which taken by SES
       bagian oleh SES sebesar Rp49.000.000. Setelah                        amounted to Rp49,000,000. After the increase in share,
       peningkatan saham tersebut, tidak ada perubahan                      there is no change in SES’s ownership in JDFI.
       kepemilikan SES pada JDFI.

       Berdasarkan Pernyataan Keputusan Pemegang Saham yang                 Based on Statement of Shareholders’ Decision which was
       diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,              notarized by Notarial Deed No. 356 of Jimmy Tanal, S.H.,
       No. 356 tertanggal 20 November 2024, para pemegang                   M.Kn., dated on 20 November 2024, the shareholders of
       saham PT JDSports Fashion Indonesia menyetujui                       PT JDSports Fashion Indonesia approved the change of
       perubahan nama menjadi PT Era Gaya Aktif (“EGA”).                    company name to PT Era Gaya Aktif (“EGA”).
Page 440
                                                                         These Consolidated Financial Statements are Originally
                                                                                     Issued in Indonesian Language


                                                 Ekshibit E/65                                                             Exhibit E/65


                PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA           11. INVESTMENT      IN   ASSOCIATES      AND     JOINT    VENTURES
    (Lanjutan)                                                        (Continued)

    b. Rincian dari investasi pada ventura bersama adalah             b. The details of investment in joint venture are as follows:
       sebagai berikut: (Lanjutan)                                       (Continued)

       Berdasarkan Pernyataan Keputusan Pemegang Saham yang              Based on Statement of Shareholders’ Decision which was
       diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,           notarized by Notarial Deed No. 356 of Jimmy Tanal, S.H.,
       No. 356 tanggal 20 November 2024 dan Akta Jual Beli               M.Kn., dated on 20 November 2024, and the Share
       Saham yang diaktakan dengan Akta Notaris Jimmy Tanal,             Purchase Deed which was notarized by Notarial Deed No.
       S.H., M.Kn., No. 357 dan 358 tanggal 20 November 2024,            357 and 358 of Jimmy Tanal, S.H., M.Kn., dated on 20
       para pemegang saham EGA menyetujui pengalihan seluruh             November 2024, the shareholders of EGA approved the
       kepemilikan saham atas nama JD Sports Fashion Plc.,               transfer of all shares ownership from JD Sports Fashion
       sebanyak 89.249 lembar saham kepada SES dan 1 lembar              Plc., amounted to 89,249 shares to SES and 1 share to
       saham kepada JDFD. Setelah perubahan di atas,                     JDFD. After the above changes, the ownership interest of
       persentase kepemilikan SES dan JDFD pada EGA masing-              SES and JDFD in EGA become 99.99% and 0.01%,
       masing adalah sebesar 99,99% dan 0,01%.                           respectively.

       Berdasarkan Pernyataan Keputusan Pemegang Saham yang              Based on Statement of Shareholders’ Decision which was
       diaktakan dengan Akta Notaris Jimmy Tanal, S.H., M.Kn.,           notarized by Notarial Deed No. 353 of Jimmy Tanal, S.H.,
       No.353 tanggal 20 November 2024 dan Akta Jual Beli                M.Kn., dated on 20 November 2024, and the Share
       Saham yang diaktakan dengan Akta Notaris Jimmy Tanal,             Purchase Deed which was notarized by Notarial Deed No.
       S.H., M.Kn., No. 354 dan 355 tanggal 20 November 2024,            354 and 355 of Jimmy Tanal, S.H., M.Kn., dated on
       para pemegang saham JDFD menyetujui pengalihan                    November 20, 2024, the shareholders of JDFD approved
       seluruh kepemilikan saham atas nama JD Sports Fashion             the transfer of all shares ownership from JD Sports
       Plc., sebanyak 4.948 lembar saham kepada SES dan 1                Fashion Plc., amounted to 4,948 shares to SES and 1 share
       lembar saham kepada PT Era Gaya Aktif. Setelah                    to PT Era Gaya Aktif. After the above changes, the
       perubahan di atas, persentase kepemilikan SES dan PT Era          ownership interest of SES and PT Era Gaya Aktif in JDFD
       Gaya Aktif pada JDFD masing-masing adalah sebesar                 become 99.99% and 0.01%, respectively.
       99,99% dan 0,01%.

       Pada tanggal 7 September 2023, SES bersama dengan MST             As of 7 September 2023, SES together with MST Golf
       Golf Group Berhad, pihak ketiga, mendirikan PT MST Golf           Group Berhad, third party, established PT MST Golf
       Indonesia (“MSTI”), yang didirikan di Indonesia, dimana           Indonesia (“MSTI”) which is incorporated in Indonesia, in
       SES memiliki 49% kepemilikan pada MSTI. Jumlah imbalan            which SES owned 49% ownership interests in MSTI. Total
       yang dibayarkan oleh SES untuk pendirian MSTI adalah              consideration paid by SES for the establishment of MSTI
       sebesar Rp4.949.000.                                              amounted to Rp4,949,000.

       Berdasarkan Akta Notaris Fandy Aryana, S.H., M.Kn.,               Based on Notarial Deed Fandy Aryana, S.H., M.Kn., No. 5
       No. 5 tanggal 22 Desember 2023, pemegang saham MSTI               dated 22 December 2023, the shareholders of MSTI agreed
       menyetujui peningkatan modal disetor dan ditempatkan              to increased its fully and paid share capital amounted to
       penuh sebesar Rp117.900.000 yang diambil bagian oleh              Rp117,900,000 which taken by SES amounted to
       SES sebesar Rp57.771.000. Setelah perubahan di atas,              Rp57,771,000. After the above changes, there is no
       tidak ada perubahan kepemilikan SES pada MSTI.                    change in SES’s ownership in MSTI.

       Berdasarkan Akta Notaris Fandi Aryana, S.H., M.Kn.,               Based on Notarial Deed Fandi Aryana, S.H., M.Kn., No. 3
       No. 3 tanggal 18 Oktober 2024, pemegang saham MSTI                dated 18 October 2024, the shareholders of MSTI agreed
       menyetujui peningkatan modal disetor dan ditempatkan              to increased its fully and paid share capital amounted to
       penuh sebesar Rp32.100.000.000 yang diambil bagian oleh           Rp32,100,000,000 which taken by the Company amounted
       Perusahaan     sebesar    Rp15.729.000.000.     Setelah           to Rp15,729,000,000. After the increase in share, there is
       peningkatan saham tersebut, tidak ada perubahan                   no change in the SES ownership in MSTI.
       kepemilikan SES pada MSTI.

       JDFD dan JDFI merupakan entitas ventura bersama yang              JDFD and JDFI are joint venture entities which are joint
       dikendalikan secara bersama-sama oleh SES dan JD Sports           controlled by SES and JD Sports Fashion PLC, third party,
       PLC, pihak ketiga, dimana SES memiliki masing-masing              in which SES owned 51% and 49% of the entities,
       51% dan 49% kepemilikan pada entitas tersebut.                    respectively. The joint arrangement is governed by the
       Pengaturan bersama tersebut diatur dalam Perjanjian               Shareholders’ Agreement signed by SES and JD Sports
       Pemegang Saham yang ditandatangani SES dan JD Sports              Fashion PLC dated 28 July 2021.
       Fashion PLC tertanggal 28 Juli 2021.
Page 441
                                                                                                                             These Consolidated Financial Statements are Originally
                                                                                                                                         Issued in Indonesian Language


                                                                                     Ekshibit E/66                                                                                                   Exhibit E/66


                PT ERAJAYA SWASEMBADA Tbk                                                                                      PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                                             AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                                          FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                                               31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                      (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA                                                        11. INVESTMENT                    IN      ASSOCIATES             AND        JOINT         VENTURES
    (Lanjutan)                                                                                                     (Continued)

    b. Rincian dari investasi pada ventura bersama adalah                                                               b. The details of investment in joint venture are as follows:
       sebagai berikut: (Lanjutan)                                                                                         (Continued)

           MSTI merupakan entitas ventura bersama yang                                                                        MSTI is joint venture entity which are joint controlled by
           dikendalikan secara bersama-sama oleh SES dan MST Golf                                                             SES and MST Golf Group Berhad, third party, in which SES
           Group Berhad, pihak ketiga, dimana SES memiliki 49%                                                                owned 49% of the entity. The joint arrangement is
           kepemilikan pada entitas tersebut. Pengaturan bersama                                                              governed by the Shareholders’ Agreement signed by SES
           tersebut diatur dalam Perjanjian Para Pemegang Saham                                                               and MST Golf Group Berhad dated 29 August 2023.
           yang ditandatangani oleh SES dan MST Golf Group Berhad
           tertanggal 29 Agustus 2023.

           PT Mitra Belanja Selalu (“MBS”) merupakan entitas                                                                  PT Mitra Belanja Selalu (“MBS”) is joint venture entity
           ventura bersama yang dikendalikan secara bersama-sama                                                              which are joint controlled by ESA and PT Perjuangan Anak
           oleh ESA dan PT Perjuangan Anak Muda, pihak ketiga,                                                                Muda, third party, in which ESA owned 51% of the entity.
           dimana ESA memiliki 51% kepemilikan pada entitas                                                                   The joint arrangement is governed by the Shareholders’
           tersebut. Pengaturan bersama tersebut diatur dalam                                                                 Agreement signed by ESA and PT Perjuangan Anak Muda
           Perjanjian Para Pemegang Saham yang ditandatangani                                                                 dated 28 October 2024.
           oleh ESA dan PT Perjuangan Anak Muda tertanggal 28
           Oktober 2024.

           Rincian total aset, liabilitas, penjualan neto dan laba                                                            The details of total assets, liabilities, net sales and profit
           (rugi) tahun berjalan entitas ventura bersama adalah                                                               (loss) for the year of joint ventures are as follows:
           sebagai berikut:
                                                                                            2024                               2023
           PT Era Blu Elektronik                                                                                                                                                      PT Era Blu Elektronik
           Aset                                                                             806.865.329                         550.702.097                                                         Assets
           Liabilitas                                                                       462.579.797                         196.314.215                                                     Liabilities
           Penjualan neto                                                                 1.353.162.552                         280.316.952                                                      Net sales
           Rugi tahun berjalan                                                   (           10.785.549) (                       36.175.461)                                             Loss for the year
           PT Era Gaya Aktif d/h PT JDSports                                                                                                                   PT Era Gaya Aktif d/h PT JDSports
           Fashion Indonesia 1)                                                                                                                                              Fashion Indonesia 1)
           Aset                                                                                                 -               347.143.695                                               Assets
           Liabilitas                                                                                           -               162.910.992                                           Liabilities
           Penjualan neto                                                                                       -               439.561.232                                            Net sales
           Laba tahun berjalan                                                                                  -                19.340.875                                  Profit for the year
           PT MST Golf Indonesia                                                                                                                                                    PT MST Golf Indonesia
           Aset                                                                              278.497.123                        154.595.715                                                        Assets
           Liabilitas                                                                        127.750.551                         27.152.602                                                    Liabilities
           Penjualan neto                                                                    112.215.479                            505.684                                                     Net sales
           Rugi tahun berjalan                                                   (             7.629.509) (                       1.426.105)                                            Loss for the year
           PT Era Farma Indonesia                                                                                                                                                 PT Era Farma Indonesia
           Aset                                                                                44.939.531                         72.550.811                                                       Assets
           Liabilitas                                                                          56.873.743                         65.282.129                                                   Liabilities
           Penjualan neto                                                                      60.193.764                         44.587.572                                                    Net sales
           Rugi tahun berjalan                                                   (             19.229.050) (                      17.218.018)                                           Loss for the year
           PT JDSports Fashion Distribution                         2)
                                                                                                                                                               PT JDSports Fashion Distribution 2)
           Aset                                                                                                 -                65.402.408                                               Assets
           Liabilitas                                                                                           -                36.966.286                                           Liabilities
           Penjualan neto                                                                                       -               314.700.865                                            Net sales
           Laba tahun berjalan                                                                                  -                12.134.410                                  Profit for the year
    1)
         Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui EGA sebesar 0,01%, sebelumnya kepemilikan tidak langsung
         Perusahaan melalui SES 51% dan JD Sports Fashion Plc., pihak ketiga, sebesar 49%./ Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership by EGA
         of 0.01%, previously indirect ownership through SES by the Company of 51% and JD Sports Fashion Plc., third party by 49%.
    2)
         Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui JDFD sebesar 0,01%, sebelumnya kepemilikan tidak langsung
         Perusahaan melalui SES 49% dan JD Sports Fashion Plc., pihak ketiga, sebesar 51%./ Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership by
         JDFD of 0.01%, previously indirect ownership through SES by the Company of 49% and JD Sports Fashion Plc., third party by 51%.
Page 442
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                       Ekshibit E/67                                                                   Exhibit E/67


                PT ERAJAYA SWASEMBADA Tbk                                                  PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                         AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                               NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                      FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                           31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


11. INVESTASI PADA ENTITAS ASOSIASI DAN VENTURA BERSAMA                    11. INVESTMENTS IN ASSOCIATES AND JOINT VENTURES
    (Lanjutan)                                                                 (Continued)

    b. Rincian dari investasi pada ventura bersama adalah                       b. The details of investment in joint venture are as follows:
       sebagai berikut: (Lanjutan)                                                 (Continued)

       Rincian total aset, liabilitas, penjualan neto dan laba                     The details of total assets, liabilities, net sales and profit
       (rugi) tahun berjalan entitas ventura bersama adalah                        (loss) for the year of joint ventures are as follows:
       sebagai berikut: (Lanjutan)                                                 (Continued)

                                                            2024                    2023

       PT Era Caring Indonesia                                                                                             PT Era Caring Indonesia
        Aset                                                  54.411.679              46.035.467                                            Assets
        Liabilitas                                            13.762.062              16.080.462                                        Liabilities
        Penjualan neto                                        43.177.410              47.682.931                                         Net sales
        Rugi tahun berjalan                        (          22.525.381) (           25.612.063)                                Loss for the year

       PT Teknologi Belanja Digital                                                                                    PT Teknologi Belanja Digital
        Aset                                                  41.376.486              31.816.904                                            Assets
        Liabilitas                                            22.708.025              21.835.487                                        Liabilities
        Penjualan neto                                                 -                       -                                         Net sales
        Rugi tahun berjalan                        (           2.312.955) (            1.876.199)                                Loss for the year

       PT Mitra Belanja Selalu                                                                                             PT Mitra Belanja Selalu
        Aset                                                 102.400.000                            -                                     Assets


12. PROPERTI INVESTASI - NETO                                              12. INVESTMENT PROPERTIES - NET

    Akun ini terdiri dari:                                                      This account consists of:

                                                                       2024
                                                                                Selisih Kurs
                                                                                Penjabaran
                                                                            Laporan Keuangan/
                                                                               Difference in
                                 Saldo Awal/                                 Foreign Currency           Saldo Akhir/
                                  Beginning             Penambahan/              Financial                 Ending
                                   Balance                Additions             Statements                Balance
    Biaya perolehan                                                                                                                             Cost
    Bangunan dan prasarana            17.292.525                       -             1.345.063             18.637.588      Building and improvements

    Akumulasi penyusutan                                                                                               Accumulated depreciation
    Bangunan dan prasarana   (         3.828.352) (            379.706) (              256.506) (           4.464.564) Building and improvements

    Nilai buku neto                   13.464.173                                                          14.173.024                 Net book value
Page 443
                                                                                                                                         These Consolidated Financial Statements are Originally
                                                                                                                                                     Issued in Indonesian Language


                                                                                       Ekshibit E/68                                                                                                               Exhibit E/68


                   PT ERAJAYA SWASEMBADA Tbk                                                                                              PT ERAJAYA SWASEMBADA Tbk
                      DAN ENTITAS ANAKNYA                                                                                                     AND ITS SUBSIDIARIES
        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                   UNTUK TAHUN YANG BERAKHIR                                                                                                  FOR THE YEAR ENDED
                        31 DESEMBER 2024                                                                                                       31 DECEMBER 2024
     (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


12. INVESTASI PROPERTI – NETO (Lanjutan)                                                                               12. INVESTMENT PROPERTIES – NET (Continued)
           Akun ini terdiri dari: (Lanjutan)                                                                                    This account consists of: (Continued)
                                                                                                                    2023
                                                                                                                               Selisih Kurs
                                                                                                                               Penjabaran
                                                                                                                           Laporan Keuangan/
                                                                                                                              Difference in
                                                             Saldo Awal/                                                    Foreign Currency                       Saldo Akhir/
                                                              Beginning                   Penambahan/                           Financial                             Ending
                                                               Balance                      Additions                          Statements                            Balance
           Biaya perolehan                                                                                                                                                                                        Cost
           Bangunan dan prasarana                                 18.399.853                                         - (                   1.107.328 )                  17.292.525           Building and improvements

           Akumulasi penyusutan                                                                                                                                                      Accumulated depreciation
           Bangunan dan prasarana                      (             3.699.998) (                      351.347)                               222.993 (                   3.828.352) Building and improvements

           Nilai buku neto                                       14.699.855                                                                                            13.464.173                               Net book value

           Beban penyusutan untuk tahun yang berakhir pada tanggal-                                                             Depreciation expenses for the year ended 31 December 2024
           tanggal 31 Desember 2024 dan 2023 dicatat sebagai bagian                                                             and 2023 being recorded as part of “General and
           dari “Beban Umum dan Administrasi” pada laporan laba rugi                                                            Administrative Expenses” in the consolidated statements of
           dan penghasilan komprehensif lain konsolidasian.                                                                     profit or loss and other comprehensive income.


13. ASET TETAP - NETO                                                                                                  13. FIXED ASSETS - NET
           Akun ini terdiri dari:                                                                                               This account consists of:
                                                                                                            2024
                                                                                                   Saldo dari                                                        Selisih Kurs
                                                                                                  Entitas Anak    Saldo Entitas                                      Penjabaran
                                                                                                 pada Tanggal       Anak pada                                          Laporan
                                                                                                   Hilangnya     Tanggal akuisisi/                                   Keuangan/
                                                                                                 Pengendalian/      Balance of                                      Difference in
                                  Saldo Awal/                                                     Balance of a     Subsidiaries                                   Foreign Currency      Saldo Akhir/
                                   Beginning           Penambahan/         Pengurangan/         Subsidiary upon   at Acquisition            Reklasifikasi/            Financial            Ending
                                    Balance              Additions          Deductions          Loss of Control        Date                Reclassifications         Statements           Balance

Biaya perolehan                                                                                                                                                                                                                      Cost
Kepemilikan langsung                                                                                                                                                                                                    Direct ownership
Tanah                                222.125.338                     -                  -                      -                     -                    -                      -          222.125.338                             Land
Bangunan dan prasarana             1.671.334.860            72.329.405 (       14.584.209) (           2.818.800 )          41.496.426          264.920.479             10.595.444        2.043.273.605       Building and improvements
Kendaraan                             17.240.863             3.059.337 (           96.137 ) (          1.211.632 )                   -            2.042.548                522.681           21.557.660                          Vehicles
Peralatan kantor dan outlet          664.603.246            97.804.191 (       67.935.256) (             993.561 )          29.900.975           65.727.057             14.244.789          803.351.441     Office and outlet equipments
Mesin                                 37.910.814             7.748.228 (       29.538.268 )(           2.495.051 )                   - (          1.628.664 )                    -           11.997.059                       Machineries
Perlengkapan dan perabotan           379.250.097            71.359.523 (        3.411.911 ) (            228.823 )          44.425.034           88.921.520             11.078.633          591.394.073            Furniture and fixtures

Aset dalam penyelesaian                                                                                                                                                                                        Construction in progress
Bangunan dan prasarana               352.263.502           435.244.469                    -                     -            2.008.634 (        428.332.075 )                    -          361.184.530       Building and improvements

Total biaya perolehan              3.344.728.720           687.545.153 (      115.565.781) (           7.747.867 )         117.831.069 (           8.349.135 )          36.441.547        4.054.883.706                        Total cost

Akumulasi penyusutan                                                                                                                                                                                          Accumulated depreciation
Kepemilikan langsung                                                                                                                                                                                                    Direct ownership
Bangunan dan prasarana        (      629.342.851) (        231.252.152)         9.978.382              1.499.555 (          15.248.679)          11.394.374 (            8.854.492 )(      861.825.863 )      Building and improvements
Kendaraan                     (        9.928.779 ) (         2.393.524)            96.136                779.212                     -                    - (              343.029 )(       11.789.984 )                         Vehicles
Peralatan kantor dan outlet   (      307.217.173) (        128.798.688)        35.923.095                891.496 (          13.580.066)             211.569 (            6.253.803 )(      418.823.570 )     Office and outlet equipment
Mesin                         (       30.332.486) (          1.712.743)        27.832.745              1.427.518                     -                    -                      - (         2.784.966 )                     Machineries
Perlengkapan dan perabotan    (      143.868.902) (         92.908.475)         1.959.604                224.739 (          18.444.948)                   - (            7.538.244 )(      260.576.226 )           Furniture and fixtures

Subtotal                      (    1.120.690.191) (        457.065.582)        75.789.962              4.822.520           (47.273.693)          11.605.943 (           22.989.568 )(     1.555.800.609 )                       Sub-total

Akumulasi rugi                                                                                                                                                                                                              Accumulated
   penurunan nilai                                                                                                                                                                                                   impairment loss
Tanah                         (        3.447.559 )                                                                                                                                  (         3.447.559 )                           Land
Bangunan dan prasarana        (        3.490.187 )                   -            582.215                       -                    -                      - (             59.007 )(         2.966.979 )     Building and improvements
                                                                                                                                                                                                                       Total accumulated
Total akumulasi depresiasi                                                                                                                                                                                           depreciation and
   dan penurunan nilai        (    1.127.627.937) (        457.065.582)        76.372.177              4.822.520 (          47.273.693)          11.605.943 (           23.048.575 )(     1.562.215.147 )             impairment loss

Nilai buku neto                   2.217.100.783                                                                                                                                         2.492.668.559                   Net book values
Page 444
                                                                                                                  These Consolidated Financial Statements are Originally
                                                                                                                              Issued in Indonesian Language


                                                                          Ekshibit E/69                                                                                            Exhibit E/69


                  PT ERAJAYA SWASEMBADA Tbk                                                                            PT ERAJAYA SWASEMBADA Tbk
                     DAN ENTITAS ANAKNYA                                                                                   AND ITS SUBSIDIARIES
       CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                  UNTUK TAHUN YANG BERAKHIR                                                                                FOR THE YEAR ENDED
                       31 DESEMBER 2024                                                                                     31 DECEMBER 2024
    (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


13. ASET TETAP – NETO (Lanjutan)                                                                     13. FIXED ASSETS – NET (Continued)
       Akun ini terdiri dari: (Lanjutan)                                                                     This account consists of: (Continued)

                                                                                                 2023
                                                                                                                              Selisih Kurs
                                                                                                                              Penjabaran
                                                                                                                                Laporan
                                                                                                                              Keuangan/
                                                                                                                             Difference in
                                  Saldo Awal/                                                                              Foreign Currency           Saldo Akhir/
                                   Beginning           Penambahan/            Pengurangan/          Reklasifikasi/             Financial                 Ending
                                    Balance              Additions             Deductions         Reclassifications           Statements                Balance
Biaya perolehan                                                                                                                                                                                  Cost
Kepemilikan langsung                                                                                                                                                                Direct ownership
Tanah                                266.773.754                    -                     - (             44.648.416 )                     -             222.125.338                             Land
Bangunan dan prasarana             1.189.147.584          161.417.419     (      15.084.005 )            345.382.880 (             9.529.018 )         1.671.334.860      Building and improvements
Kendaraan                             16.197.437            1.806.805     (       1.152.433 )                823.334 (               434.280 )            17.240.863                         Vehicles
Peralatan kantor dan outlet          469.911.236          190.990.435     (       7.542.689 )             20.195.148 (             8.950.884 )           664.603.246     Office and outlet equipment
Mesin                                 33.341.515            2.074.248                     -                2.495.051                       -              37.910.814                      Machineries
Perlengkapan dan perabotan           208.686.506          104.484.607     (       3.192.966 )             74.188.156 (             4.916.206 )           379.250.097           Furniture and fixtures

Aset dalam penyelesaian                                                                                                                                                    Construction in progress
Bangunan dan prasarana               231.989.374          561.200.802 (             640.452 ) (          440.286.222 )                        -          352.263.502      Building and improvements
Total biaya perolehan              2.416.047.406        1.021.974.316 (          27.612.545 ) (           41.850.069 ) (          23.830.388 )         3.344.728.720                       Total cost
Akumulasi penyusutan                                                                                                                                                      Accumulated depreciation
Kepemilikan langsung                                                                                                                                                                Direct ownership
Bangunan dan prasarana        (      479.882.115 ) (      162.190.835 )           9.970.309 (                173.105 )             2.932.895      (      629.342.851 )    Building and improvements
Kendaraan                     (        9.684.069 ) (        1.600.183 )           1.152.429                        -                 203.044      (        9.928.779 )                       Vehicles
Peralatan kantor dan outlet   (      219.657.943 ) (      104.662.756 )           6.122.926                7.768.570               3.212.030      (      307.217.173 )   Office and outlet equipment
Mesin                         (       28.215.744 ) (        1.071.622 )                   - (              1.045.120 )                     -      (       30.332.486 )                    Machineries
Perlengkapan dan perabotan    (      102.029.142 ) (       46.795.431 )           2.169.432                  845.053               1.941.186      (      143.868.902 )         Furniture and fixtures
Subtotal                      (      839.469.013 ) (      316.320.827 )          19.415.096                7.395.398               8.289.155 (         1.120.690.191 )                     Sub-total

Akumulasi rugi                                                                                                                                                                          Accumulated
  penurunan nilai                                                                                                                                                                 impairment loss
Tanah                         (        3.447.559 )                  -                        -                      -                         - (          3.447.559 )                          Land
Bangunan dan prasarana                         - (          3.490.187 )                      -                      -                         - (          3.490.187 )    Building and improvements
                                                                                                                                                                                   Total accumulated
Total akumulasi depresiasi                                                                                                                                                        depreciation and
  dan penurunan nilai         (      842.916.572 ) (      319.811.014 )          19.415.096                7.395.398               8.289.155 (         1.127.627.937 )             impairment loss
Nilai buku neto                   1.573.130.834                                                                                                       2.217.100.783                 Net book values


       Beban penyusutan untuk tahun yang berakhir pada tanggal-                                              Depreciation expenses charged to operations for the year
       tanggal 31 Desember 2024 dan 2023 yang dicatat sebagai                                                ended 31 December 2024 and 2023 being recorded as part of
       bagian dari “Beban Umum dan Administrasi” pada laporan                                                “General and Administrative Expenses” in the consolidated
       laba rugi dan penghasilan komprehensif lain konsolidasian                                             statement of profit or loss and other comprehensive income
       (Catatan 28).                                                                                         (Note 28).

       Pada tanggal 31 Desember 2024, uang muka pembelian aset                                               As of 31 December 2024, the advance for purchase of fixed
       tetap sebesar Rp66.024.551 telah direklasifikasi menjadi aset                                         assets amounting to Rp66,024,551 has been reclassified to
       dalam penyelesaian bangunan dan prasarana. Aset tetap                                                 construction in progress -building and improvements.
       dalam penyelesaiaan senilai Rp54.554.025 juga direklasifikasi                                         Construction in progress - building and improvements
       menjadi uang muka pembelian aset tetap. Beberapa aset                                                 amounted to Rp54,554,025, is also reclassified to advance for
       tetap senilai Rp8.213.718 direklasfisikasikan sebagai aset                                            purchase of fixed assets. Some fixed assets with net book
       takberwujud.                                                                                          value to Rp8,213,718 has been reclassified as intangible
                                                                                                             asset.

       Selama tahun 2023, uang muka pembelian aset tetap dengan                                              During 2023, advances for purchase of fixed assets with net
       nilai buku sebesar Rp46.041.296 direklasifikasikan sebagai                                            book value of Rp46,041,296, were reclassified as land and
       tanah dan aset dalam penyelesaian yang merupakan bagian                                               construction in progress which are part of the “Fixed Assets”
       dari akun “Aset Tetap”.                                                                               account.

       Aset tetap berupa tanah senilai Rp65.618.182 juga                                                     Fixed assets in form of land amounting to Rp65,618,182, is
       direklasifikasi menjadi uang muka pembelian aset tetap                                                also reclassified to advance for purchase of fixed assets after
       setelah tanah tersebut digunakan sebagai uang muka                                                    the land is used as down payment for the purchase of a land
       pembelian tanah dengan lokasi yang lebih strategis.                                                   with more strategic location.
Page 445
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                      Ekshibit E/70                                                            Exhibit E/70


                 PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                    31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


13. ASET TETAP – NETO (Lanjutan)                                      13. FIXED ASSETS – NET (Continued)

     Selama tahun 2023, peralatan kantor dan outlet dan aset               During 2023, office and outlet equipment and construction in
     dalam penyelesaian dengan nilai buku Rp14.459.785 dan                 progress with net book value of Rp14,459,785 and Rp418,000,
     Rp418.000 direklasfisikasikan sebagai persediaan dan aset             respectively were reclassified as inventories and intangible
     takberwujud.                                                          asset.

     Rincian keuntungan penjualan aset tetap untuk tahun yang              The details of gain on sale of fixed assets for the year ended
     berakhir pada tanggal-tanggal 31 Desember 2024 dan 2023               31 December 2024 and 2023 are as follows:
     adalah sebagai berikut:

                                                         2024                2023
    Hasil penjualan aset tetap                             47.877.563           1.669.725               Proceeds from sale of fixed assets
    Nilai buku aset tetap yang dijual             (        39.775.819) (        8.197.449)             Net book value of fixed assets sold
    Keuntungan (kerugian) penjualan aset                                                                           Gain (loss) on sale of
     tetap - neto (Catatan 29)                             8.101.744 (         6.527.724)                  fixed assets – net (Note 29)

     Pada tanggal 31 Desember 2024 dan 2023, tanah milik Grup              As of 31 December 2024 and 2023, land owned by the
     tertentu dengan luas keseluruhan sebesar 20.999 meter                 Company and certain subsidiaries with total area of 20,999
     persegi yang terletak di Jawa dan Bali merupakan tanah                square meters respectively are located in Java and Bali and
     dengan status Hak Guna Bangunan (“HGB”). HGB tersebut                 were all in the form of Building Rights (“HGB”). The related
     akan berakhir pada berbagai tanggal antara tahun 2027                 HGBs will expire on various dates ranging from 2027 to 2054
     sampai dengan tahun 2054 dan menurut keyakinan                        and the management believe that these rights can be
     manajemen, hak ini dapat diperpanjang pada saat                       renewed upon their expiry.
     berakhirnya hak tersebut.

     Pada tanggal 31 Desember 2024, aset dalam penyelesaian                As of 31 December 2024, construction in progress represents
     merupakan pembangunan renovasi dari bangunan milik                    the construction of improvement on building own by
     entitas anak yang sudah akan selesai dan diestimasi akan              subsidiaries which is close to its completion and is expected
     selesai pada tahun 2025. Pada tanggal laporan keuangan,               to be completed on 2025. As of the date of these financial
     persentase penyelesaian atas aset tetap dalam pembangunan             statements, the percentage of completion of these
     ini antara 30 - 90%.                                                  renovation are between 30 - 90%.

     Pada tanggal 31 Desember 2024, aset tetap milik Grup                  As of 31 December 2024, the Group’s fixed assets are covered
     diasuransikan terhadap risiko kebakaran dan risiko lainnya            by insurance against fire and other risks under blanket
     berdasarkan suatu paket polis tertentu dengan nilai                   policies of Rp1,001,851,037, respectively, with third party
     pertanggungan        sebesar      masing-masing        sebesar        insurance companies, PT Asuransi Etiqa Internasional
     Rp1.001.851.037 pada beberapa perusahaan asuransi pihak               Indonesia, PT Asuransi Umum BCA, PT Arthagraha
     ketiga, antara lain PT Asuransi Etiqa Internasional Indonesia,        International Insurance, Generali Insurance Malaysia Berhad
     PT Asuransi Umum BCA, PT Arthagraha General Insurance,                and Berjaya Sompo Insurance Berhad. The Group’s
     Generali Insurance Malaysia Berhad dan Berjaya Sompo                  management believe that the insurance coverage is adequate
     Insurance Berhad. Manajemen Grup berkeyakinan bahwa nilai             to cover possible losses arising from such risks.
     pertanggungan tersebut adalah memadai untuk menutupi
     kemungkinan kerugian atas risiko-risiko tersebut.

     Pada tanggal 31 Desember 2024 dan 2023, tanah dan                     As of 31 December 2024 and 2023, land and building of the
     bangunan Perusahaan dan entitas anak tertentu dengan nilai            Company and certain subsidiaries with net book value of
     buku neto masing-masing sebesar Rp540.653.574 dan                     Rp540,653,574 and Rp401,378,432, respectively, are pledged
     Rp401.378.432 dijaminkan terhadap fasilitas utang bank                as collateral for bank loan facilities (Note 16).
     (Catatan 16).

     Pada tanggal 31 Desember 2024, manajemen Grup                         As of 31 December 2024, the Group’s management believes
     berpendapat bahwa tidak terdapat situasi atau keadaan yang            that there is no event or condition that may indicate
     memberikan indikasi terjadinya penurunan nilai atas aset              impairment of fixed asset.
     tetap.
Page 446
                                                                                           These Consolidated Financial Statements are Originally
                                                                                                       Issued in Indonesian Language


                                                          Ekshibit E/71                                                                         Exhibit E/71


                 PT ERAJAYA SWASEMBADA Tbk                                                   PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                          AND ITS SUBSIDIARIES
      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 UNTUK TAHUN YANG BERAKHIR                                                       FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                            31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


13. ASET TETAP – NETO (Lanjutan)                                             13. FIXED ASSETS – NET (Continued)

     Pada tanggal 31 Desember 2023, manajemen Grup                                      As of 31 December 2023, the Group’s management believes
     berpendapat bahwa terdapat situasi atau keadaan yang                               that there is event or condition that may indicate
     memberikan indikasi terjadinya penurunan nilai bangunan                            impairment of building and improvement. Management
     dan prasarana sehingga manajemen membukukan penurunan                              recorded impairment amounting to Rp3,490,187.
     nilai sebesar Rp3.490.187.


14. ASET TAKBERWUJUD - NETO                                                  14. INTANGIBLE ASSETS - NET

     Rincian dari aset takberwujud adalah sebagai berikut:                              The details of intangible assets are as follows:

                                                             Merek dan Lisensi/                              Total/
                                           Goodwill          Brand and Licenses          Software            Total
    Biaya perolehan                                                                                                                                         Cost
    Saldo, 1 Januari 2023                   597.318.921              147.117.843         207.677.342       952.114.106                  Balance, 1 January 2023
    Pembelian software                                -                        -           4.623.257         4.623.257                      Purchase of software
    Pembelian merek dan lisensi                       -                  763.830                   -           763.830            Purchase of brand and licenses
    Reklasifikasi software                            -                        -             418.000           418.000               Reclassification of software
    Pengurangan software                              -                        - (             7.273) (          7.273)                    Deduction of software
    Selisih kurs penjabaran                                                                                                       Difference in foreign currency
      laporan keuangan                 (      1.159.288) (              104.249)                    - (      1.263.537)    translation of financial statements
    Penurunan nilai atas goodwill      (      7.252.429)                      -                     - (      7.252.429)                  Impairment of goodwill
    Saldo, 31 Desember 2023                 588.907.204              147.777.424         212.711.326       949.395.954              Balance, 31 December 2023
    Pembelian software                                -                        -          22.712.324        22.712.324                      Purchase of software
    Pembelian merek dan lisensi                       -                7.510.041                   -         7.510.041            Purchase of brand and licenses
    Penambahan goodwill                       8.776.034                        -                   -         8.776.034                       Addition of goodwill
    Reklasifikasi software                            -                        -           8.455.656         8.455.656               Reclassification of software
    Pengurangan software                              -                        - (           141.169) (        141.169)                    Deduction of software
    Selisih kurs penjabaran                                                                                                       Difference in foreign currency
      laporan keuangan                        1.458.237                           -                 -        1.458.237     translation of financial statements
    Saldo dari entitas anak pada                                                                                                    Balance of a subsidiary upon
      tanggal hilangnya pengendalian                  -                           - (          6.000) (           6.000)                         loss of control
    Saldo dari entitas anak pada                                                                                                       Balance of a subsidiary at
      tanggal akuisisi                                -               10.012.500           5.257.312        15.269.812                         acquisition date
    Saldo, 31 Desember 2024                 599.141.475              165.299.965         248.989.449      1.013.430.889             Balance, 31 December 2024
    Akumulasi amortisasi                                                                                                            Accumulated amortization
    Saldo, 1 Januari 2023                             -                 642.285           77.356.005        77.998.290                 Balance, 1 January 2023

    Amortisasi tahun berjalan                         -                1.660.558          48.490.705        50.151.263             Amortization during the year
    Reklasifikasi software                            -                        - (             4.242) (          4.242)             Reclassification of software
    Saldo, 31 Desember 2023                           -                2.302.843         125.842.468       128.145.311              Balance, 31 December 2023
    Amortisasi tahun berjalan                         -                2.268.544          54.473.699        56.742.243             Amortization during the year
    Reklasifikasi software                            -                        -             241.938           241.938               Reclassification of software
    Pengurangan software                              -                        - (           127.358) (        127.358)                   Deduction of software
    Saldo dari entitas anak pada                                                                                                    Balance of a subsidiary upon
      tanggal hilangnya pengendalian                  -                           - (          1.250) (           1.250)                         loss of control
    Saldo dari entitas anak pada                                                                                                       Balance of a subsidiary at
      tanggal akuisisi                                -                           -        2.616.574         2.616.574                         acquisition date
    Saldo, 31 Desember 2024                           -                4.571.387         183.046.071       187.617.458              Balance, 31 December 2024
    Nilai buku neto                                                                                                                             Net book value
    Saldo, 31 Desember 2024                599.141.475             160.728.578            65.943.378      825.813.431              Balance, 31 December 2024
    Saldo, 31 Desember 2023                588.907.204             145.474.581            86.868.858      821.250.643              Balance, 31 December 2023

     Goodwill merupakan manfaat ekonomi masa depan yang                                 Goodwill represents the future economic benefits acquired
     diperoleh dari kombinasi bisnis yang tidak teridentifikasi                         in business combinations that are not individually identified
     secara individual dan diakui secara terpisah.                                      and separately recognised.
Page 447
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                   Ekshibit E/72                                                            Exhibit E/72


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


14. ASET TAKBERWUJUD – NETO (Lanjutan)                              14. INTANGIBLE ASSETS – NET (Continued)

    Merek merupakan hak untuk menggunakan merek dagang                  Brand represents the right to use “iBox” trademark for an
    “iBox” untuk periode tidak terbatas yang diberikan oleh             indefinite future period as granted by the Certificate issued
    Sertifikat yang diterbitkan oleh Direktorat Jenderal Hak            by Director General of Intellectual Property Rights on behalf
    Kekayaan Intelektual atas nama Menteri Hukum dan Hak Asasi          of the Minister of Law and Human Rights of Republic of
    Manusia Republik Indonesia, sedangkan lisensi merupakan             Indonesia, while licenses represent the agreement with Apple
    perjanjian    dengan      Apple    Inc.   (“Apple”)    untuk        Inc. (“Apple”) to distribute and sell its products, and to
    mendistribusikan dan menjual produk-produknya, dan untuk            operate Apple Authorized Retail Stores. The related Licenses
    mengoperasikan Apple Authorized Retail Stores. Lisensi              have been renewed for several times at little or no cost,
    tersebut telah diperbaharui beberapa kali dengan sedikit atau       therefore the licenses are determined to have indefinite
    tanpa biaya, sehingga lisensi dianggap memiliki umur manfaat        useful lives.
    tidak terbatas.

    Merek dan lisensi yang termasuk nilai yang dibayarkan EBP,          Brand and licenses also includes the amount paid by EBP,
    entitas anak, berdasarkan perjanjian dengan Paris Baguette          a subsidiary, based on the agreement with Paris Baguette
    Singapore Pte. Ltd. (“Paris Baguette”) yang memberikan hak          Singapore Pte. Ltd. (“Paris Baguette”) which granted EBP the
    kepada EBP untuk menggunakan sistem dan merek Paris                 right to use Paris Baguette’s System and Brand, to distribute
    Baguette, mendistribusikan dan menjual produk-produknya,            and sell its products, and to operate Paris Baguette Store in
    dan untuk mengoperasikan Paris Baguette Store di wilayah            the territory specified in the agreement. The brand and
    yang ditentukan dalam perjanjian. Perjanjian merek dan              license agreement is valid and amortized for 10 years.
    lisensi ini berlaku dan diamortisasi untuk jangka waktu 10
    tahun.

    Merek dan lisensi yang termasuk nilai yang dibayarkan EKA,          Brand and licenses also includes the amount paid by EKA,
    entitas anak, berdasarkan perjanjian dengan Bacha Coffee            a subsidiary, based on the agreement with Bacha Coffee Pte.
    Pte. Ltd. (“Bacha Coffee”) yang memberikan hak kepada EKA           Ltd. (“Bacha Coffee”) which granted EKA the right to use
    untuk menggunakan sistem dan merek Bacha Coffee,                    Bacha Coffee’s System and Brand, to distribute and sell its
    mendistribusikan dan menjual produk-produknya, dan untuk            products, and to operate Bacha Coffee Store in the territory
    mengoperasikan Bacha Coffee Store di wilayah yang                   specified in the agreement. The brand and license agreement
    ditentukan dalam perjanjian. Perjanjian merek dan lisensi ini       is valid and amortized for 10 years.
    berlaku dan diamortisasi untuk jangka waktu 10 tahun.

    Merek dan lisensi yang termasuk nilai yang dibayarkan EBZ,          Brand and licenses also includes the amount paid by EBZ,
    entitas anak, berdasarkan perjanjian dengan Wetzel’s                a subsidiary, based on the agreement with Wetzel’s Pretzels,
    Pretzels, L.L.C (“Wetzel’s Pretzels”) yang memberikan hak           L.L.C (“Wetzel’s Pretzels”) which granted EBZ the right to
    kepada EBZ untuk menggunakan sistem dan merek Wetzel’s              use Wetzel’s Pretzels System and Brand, to distribute and sell
    Pretzels, mendistribusikan dan menjual produk-produknya,            its products, and to operate Wetzel’s Pretzels Store in the
    dan untuk mengoperasikan Wetzel’s Pretzels Store di wilayah         territory specified in the agreement. The brand and license
    yang ditentukan dalam perjanjian. Perjanjian merek dan              agreement is valid and amortized for 10 years.
    lisensi ini berlaku dan diamortisasi untuk jangka waktu 10
    tahun.

    Pada tahun 2024, terdapat penambahan atas merek dan                 In 2024, there was an addition to the trademarks and licenses
    lisensi yang dicatat Grup berdasarkan perjanjian antara EGA,        recorded by the Group based on an agreement between EGA,
    entitas anak dengan JD Sports Fashion PLC, yang memberikan          its subsidiary, and JD Sports Fashion PLC, which grants EGA
    hak kepada EGA untuk menggunakan sistem dan merek JD                the rights to use the JD Sports system and brand, distribute
    Sports, mendistribukan dan menjual produk-produknya, dan            and sell its products, and operate JD Sports in accordance
    untuk mengoperasikan JD Sports sesuai dengan ketentuan              with the terms of the agreement, valid and amortized over a
    dalam perjanjian dan berlaku serta diamortisasi selama 5            period of 5 years.
    tahun.
Page 448
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                       Ekshibit E/73                                                              Exhibit E/73


                PT ERAJAYA SWASEMBADA Tbk                                                PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                       AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                    FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                         31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


14. ASET TAKBERWUJUD – NETO (Lanjutan)                                 14. INTANGIBLE ASSETS – NET (Continued)

    Pada tanggal 31 Desember 2024, aset takberwujud, diuji                    As of 31 December 2024, the above intangible assets, were
    untuk penurunan nilai. Jumlah keseluruhan dari goodwill dan               tested for impairment. The aggregate amounts of goodwill,
    merek dan lisensi yang dialokasikan ke setiap unit penghasil              and brand and licenses allocated to each cash generating
    kas adalah sebagai berikut:                                               units are as follows:

                                                                                Merk dan Lisensi/
                                               Goodwill                        Brand and Licenses
                                       2024                 2023              2024           2023
    PT Teletama Artha Mandiri          495.243.626          495.243.626                 -                  -      PT Teletama Artha mandiri
    iBox                                58.528.726           58.528.726        92.868.737         92.868.737                            iBox
    CG Computers Sdn. Bhd.              19.562.211           18.103.974                 -                  -         CG Computers Sdn. Bhd.
    PT Azec Indonesia                                                                                                      PT Azec Indonesia
      Management Services               17.030.878           17.030.878                                    -          Management Services
    Lamina and Loops                             -                    -        37.800.000         37.800.000               Lamina and Loops
    Infinitt                             8.776.034                    -                 -                  -                         Infinitt

    Grup melakukan pengujian penurunan nilai tahunan untuk                    The Group performed its annual impairment tests on those
    unit penghasil kas tersebut berdasarkan nilai pakai dengan                cash generating units based on value in use using discounted
    menggunakan proyeksi arus kas yang didiskontokan. Pengujian               cash flows projection. The impairment tests used the
    penurunan nilai menggunakan proyeksi arus kas lima tahun                  management approved cash flows projections covering a five-
    yang telah disetujui manajemen, dan asumsi-asumsi penting                 year period, and the following key assumptions:
    sebagai berikut:

                                                                               Tingkat Pertumbuhan
                                         Tingkat Diskonto/                        Berkelanjutan/
                                           Discount Rate                      Perpetuity Growth Rate
                                       2024           2023                    2024            2023
    PT Teletama Artha Mandiri              10,28%          10,63%                   3,00%          3,00%          PT Teletama Artha Mandiri
    iBox                                   10,28%          10,63%                   3,00%          3,00%                                iBox
    CG Computers Sdn. Bhd.                  7,52%           7,88%                   2,00%          2,00%            CG Computers Sdn. Bhd.
    PT Azec Indonesia                                                                                                      PT Azec Indonesia
      Management Services                    12,02%              11,31%             3,00%               3,00%         Management Services
    Lamina and Loops                         10,28%              10,63%             3,00%               3,00%              Lamina and Loops
    Infinitt                                 11,57%                   -             3,00%                   -                        Infinitt
    PT Urogen Advanced                                                                                                  PT Urogen Advanced
      Solutions                                    -              9,61%                   -             3,00%                    Solutions

    Pada tanggal 31 Desember 2023, Grup melakukan penurunan                   As of 31 December 2023, the Group impaired the goodwill
    nilai atas goodwill yang dialokasikan ke unit penghasil kas               allocated to the cash generating unit of PT Urogen Advanced
    PT Urogen Advanced Solutions (“UAS”) sebesar Rp7.252.429,                 Solutions (“UAS”) amounted to Rp7,252,429 due to the
    sehubungan dengan penurunan kinerja keuagan UAS. Rugi                     declining financial performance of UAS. The impairment loss
    penurunan nilai tersebut dicatat sebagai bagian dari “Beban               is recorded as part of “Other Expenses” in the consolidated
    Lainnya” pada laporan laba rugi dan penghasilan                           statement of profit or loss and other comprehensive income.
    komprehensif lain konsolidasian.

    Pada tanggal 31 Desember 2024, selain penurunan goodwill                  As of 31 December 2024, except for the impairment of
    yang disebutkan di atas, tidak terdapat kerugian penurunan                goodwill mentioned above, no impairment charge was
    nilai yang perlu diakui untuk goodwill yang berasal dari                  required for goodwill on acquisition of subsidiaries. The
    akuisisi entitas anak. Manajemen Grup berkeyakinan bahwa                  Group’s management believes that no reasonably possible
    tidak terdapat perubahan yang mungkin terjadi atas asumsi                 change in any of the above key assumptions would cause the
    penting di atas yang dapat mengakibatkan nilai tercatat dari              carrying value of the cash generating units to be materially
    unit penghasil kas melebihi nilai terpulihkan secara material.            exceed their recoverable amount.
Page 449
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                     Ekshibit E/74                                                              Exhibit E/74


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


15. ASET HAK-GUNA DAN LIABILITAS SEWA                                  15. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES

    Aset hak-guna yang diakui dari kontrak sewa dan mutasi                  The right-of-use assets recognized from the lease contracts
    selama tahun yang berakhir pada tanggal 31 Desember 2024                and its movement during the year ended 31 December 2024
    dan 2023 adalah sebagai berikut:                                        and 2023 are as follows:

                                                        2024                  2023
    Saldo awal                                         1.593.843.288         1.387.384.112                               Beginning balance
    Penambahan                                           764.644.206           795.276.369                                         Addition
    Pengurangan                                  (        17.849.497) (         27.423.240 )                                      Deduction
    Penurunan nilai                                                - (           3.778.384 )                                    Impairment
    Beban penyusutan                             (       630.409.524) (        549.681.598 )                          Depreciation expense
    Efek translasi                                         9.987.791 (           7.933.971 )                          Effect on translation
    Saldo dari entitas anak pada                                                                               Balance of a subsidiary upon
      tanggal hilangnya pengendalian             (           181.909)                      -                               Loss of control
    Saldo dari entitas anak pada                                                                                  Balance of a subsidiary at
      tanggal akuisisi                                    77.028.964                       -                             Acquisition date
    Total                                             1.797.063.319         1.593.843.288                                               Total

    Mutasi jumlah tercatat liabilitas sewa adalah sebagai berikut:          Movement of lease liabilities are as follows:

                                                        2024                  2023
    Saldo awal                                           927.669.814           874.359.568                               Beginning balance
    Penambahan                                           734.655.187           778.493.587                                         Addition
    Penambahan bunga                                      67.526.696            68.307.183                            Accretion of interest
    Pembayaran                                   (       699.688.833 ) (       761.346.439)                                        Payment
    Pengurangan                                  (        10.499.118 ) (        26.234.147)                                      Deduction
    Efek translasi                                        15.498.507 (           5.909.937)                           Effect on translation
    Saldo dari entitas anak pada                                                                                  Balance of a subsidiary at
      tanggal akuisisi                                    55.210.951                       -                             acquisition date
    Total                                              1.090.373.204           927.669.815                                              Total
    Dikurangi: bagian yang jatuh tempo
      dalam waktu satu tahun                             623.460.225           427.948.374                          Less: current maturities
    Liabilitas sewa yang jatuh tempo                                                                                      Lease liability -
      dalam satu tahun                                  466.912.979           499.721.441                      net of current maturities

    Aset hak-guna yang dimiliki Grup berasal dari perjanjian sewa           Right-of-use assets owned by the Group derived from the
    gerai-gerai dan gudang yang dioperasikan oleh Grup. Pada                rental agreements of the retail outlets and warehouse
    2024 dan 2023, pengurangan aset hak-guna dan liabilitas sewa            operated by the Group. In 2024 and 2023, deduction of right-
    merupakan pengakhiran kontrak sewa terkait dengan toko                  of-use assets and lease liabilities representing the
    yang ditutup selama tahun berjalan.                                     termination of lease contracts in relation with outlet closure
                                                                            during the year.
Page 450
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                      Ekshibit E/75                                                              Exhibit E/75


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


15. ASET HAK-GUNA DAN LIABILITAS SEWA (Lanjutan)                        15. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Continued)

    Pada tanggal 31 Desember 2024, manajemen Grup                           As of 31 December 2024, the Group’s management believes
    berpendapat bahwa tidak terdapat situasi atau keadaan yang              that there is no event or condition that may indicate
    memberikan indikasi terjadinya penurunan nilai aset hak-                impairment of right-of-use assets.
    guna.

    Pada tanggal 31 Desember 2024, atas aset hak guna yang                  As of 31 December 2024, the right-of-use assets which has
    mengalami penurunan nilai telah di hapus bukukan karena                 been impaired were written off due to retail outlets.
    penutupan gerai.

    Pada tanggal 31 Desember 2023, Grup telah melakukan                     As of 31 December 2023, The Group has performed an
    pengujian penurunan nilai atas aset hak-guna yang terindikasi           impairment test on its right-of-use assets which are indicated
    mengalami penurunan nilai dan mencatat cadangan kerugian                for impairment and recorded an allowance for impairment
    penurunan    nilai    sebesar    Rp3.778.384.    Manajemen              loss of Rp3,778,384. The management believes that the
    berpendapat bahwa cadangan kerugian penurunan nilai                     allowance for impairment loss is adequate to cover of
    tersebut cukup untuk menutupi kemungkinan kerugian atas                 possible losses from the impairment of right-of-use assets.
    penurunan nilai aset hak-guna.

    Laporan laba rugi dan penghasilan komprehensif lain                     The consolidated statement of profit or loss and other
    konsolidasian menyajikan saldo berikut berkaitan dengan                 comprehensive income shows the following amount related
    sewa:                                                                   with leases:

                                                         2024                  2023
    Beban penyusutan aset hak-guna:                                                                     Depreciation of right-of-use assets:
    Beban penjualan dan distribusi (Catatan 27)           622.881.625          544.117.157       Selling and distribution expense (Note 27)
    Beban umum dan administrasi (Catatan 28)                7.527.899            5.564.441            General and administrative (Note 28)
    Beban bunga sewa (Catatan 30)                          67.526.696           68.307.183                 Lease interest expense (Note 30)
    Total                                                697.936.220          617.988.781                                                Total


16. UTANG BANK                                                          16. BANK LOANS

    Akun ini terdiri dari:                                                  This account consists of:

                                                         2024                  2023
    Utang bank jangka pendek                                                                                       Short-term bank loans
     Fasilitas pinjaman revolving                                                                                    Time revolving loan
       Pokok utang                                                                                                            Principal
         Perusahaan                                                                                                         Company
           PT Bank Central Asia Tbk                     1.113.792.447          924.392.595                 PT Bank Central Asia Tbk
           PT Bank CTBC Indonesia                                   -          250.000.000                  PT Bank CTBC Indonesia
         Entitas anak                                                                                                    Subsidiaries
           PT Bank Mandiri (Persero) Tbk                  555.735.000          988.213.231            PT Bank Mandiri (Persero) Tbk
           PT Bank CTBC Indonesia                         160.000.000          180.000.000                  PT Bank CTBC Indonesia
           CIMB Bank Bhd                                   76.206.871                    -                          CIMB Bank Bhd
           DBS Bank Ltd.                                    6.860.460           25.093.289                           DBS Bank Ltd.
           PT Bank Central Asia Tbk                                 -          820.087.042                 PT Bank Central Asia Tbk
           Maybank Singapore Ltd.                                   -           36.069.013                  Maybank Singapore Ltd.
       Biaya transaksi yang belum
         diamortisasi                             (         4.648.447) (         15.971.067)              Unamortized transaction costs
    Subtotal                                           1.907.946.331        3.207.884.103                                            Sub-total
Page 451
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/76                                                             Exhibit E/76


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                            16. BANK LOANS (Continued)

    Akun ini terdiri dari: (Lanjutan)                                    This account consists of: (Continued)

                                                      2024                 2023
    Banker’s acceptance dan LC                                                                               Banker’s acceptance and LC
      Entitas anak                                                                                                          Subsidiary
        MBSB Bhd.                                      179.825.273                    -                                   MBSB Bhd.
        Malayan Banking Bhd.                           145.733.399          167.370.402                        Malayan Banking Bhd.
        RHB Bank Bhd.                                  138.204.489                    -                               RHB Bank Bhd.
        Citibank Bhd.                                  115.065.195                    -                                Citibank Bhd.
        Affin Bank Bhd.                                109.107.825                    -                              Affin Bank Bhd.
    Subtotal                                          687.936.181          167.370.402                                           Sub-total
    Cerukan                                                                                                              Overdrafts
     Pokok utang                                                                                                         Principal
       Perusahaan                                                                                                      Company
         PT Bank Central Asia Tbk                      113.430.227          119.875.074                 PT Bank Central Asia Tbk
       Entitas anak                                                                                                   Subsidiaries
         PT Bank CTBC Indonesia                         12.841.135           19.938.522                  PT Bank CTBC Indonesia
         PT Bank Central Asia Tbk                        8.835.339          428.907.404                 PT Bank Central Asia Tbk
         Malayan Banking Bhd.                            3.116.016            4.773.450                    Malayan Banking Bhd.
         CIMB Bank Bhd.                                          -           17.418.456                          CIMB Bank Bhd.
       Biaya transaksi yang belum diamortisasi (           121.271) (         3.176.795)             Unamortized transaction costs
    Subtotal                                          138.101.446          587.736.111                                           Sub-total
    Total utang bank jangka pendek                  2.733.983.958        3.962.990.616                    Total short-term bank loans

    Utang bank jangka panjang                                                                                  Long-term bank loans
     Fasilitas kredit investasi dan                                                                          Investment credit loan
       fasilitas angsuran                                                                                    and installment loan
       Pokok utang                                                                                                     Principal
         Perusahaan                                                                                                The Company
           PT Bank Central Asia Tbk                  1.000.000.000                      -             PT Bank Central Asia Tbk
           PT Bank CTBC Indonesia                      250.000.000                      -              PT Bank CTBC Indonesia
         Entitas anak                                                                                               Subsidiaries
           PT Bank Central Asia Tbk                    749.905.095        1.088.215.736               PT Bank Central Asia Tbk
           PT Bank CIMB Niaga Tbk                       91.216.765           39.531.092                PT Bank CIMB Niaga Tbk
           Malayan Banking Bhd.                         19.681.990           18.137.310                  Malayan Banking Bhd.
       Biaya transaksi yang belum diamortisasi (         3.940.259) (         2.766.749)             Unamortized transaction costs
    Total utang bank jangka panjang - neto          2.106.863.591        1.143.117.389                Total long term bank loans - net
    Dikurangi bagian yang jatuh
      tempo dalam waktu satu tahun             (     1.683.851.747) (       484.171.137)                             Less current portion
    Bagian jangka panjang                             423.011.844          658.946.252                              Non-current portion

    PT Bank Central Asia Tbk                                             PT Bank Central Asia Tbk

    Pada tanggal 14 Desember 2009, Perusahaan dan                        As of 14 December 2009, the Company and PT Erafone Artha
    PT Erafone Artha Retailindo (“EAR”), entitas anak,                   Retailindo (“EAR”), a subsidiary, entered into a joint
    menandatangani perjanjian pinjaman joint borrower dengan             borrower loan agreement with PT Bank Central Asia Tbk
    PT Bank Central Asia Tbk (“BCA”). Perjanjian pinjaman joint          (“BCA”). The joint borrower loan agreement has been
    borrower tersebut telah mengalami beberapa kali perubahan            amended for several times in relation with the addition of
    sehubungan dengan penambahan beberapa entitas anak ke                several subsidiaries into the loan agreement.
    dalam perjanjian pinjaman tersebut.
Page 452
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/77                                                             Exhibit E/77


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                            16. BANK LOANS (Continued)

    PT Bank Central Asia Tbk (Lanjutan)                                  PT Bank Central Asia Tbk (Continued)

    Berdasarkan perjanjian joint borrower dengan BCA di atas,            Based on the above joint borrower agreement with BCA
    Perusahaan dan entitas anak tertentu (secara bersama-sama            above, the Company and certain subsidiaries (collectively
    disebut sebagai “para Debitur”) mendapatkan fasilitas                referred as “the Debitors”) obtained the following facilities:
    sebagai berikut:
    - Fasilitas berupa Bank Garansi dan Standby Letter of                -   Facility in the form of Bank Guarantee and Standby Letter
        Credit dengan pagu kredit pada tanggal 31 Desember 2024              of Credit with maximum credit amount as of
        dan 2023 tidak melebihi $AS175.000.000 (angka penuh)                 31 December 2024 and 2023 amounted to US$175,000,000
        dan Rp650.000.000.                                                   (full amount) and Rp650,000,000.
    - Fasilitas cerukan dengan pagu kredit gabungan pada                 -   Overdraft facility with maximum credit amount as of
        tanggal 31 Desember 2024 dan 2023 masing-masing                      31     December     2024 and      2023    amounted     to
        sebesar Rp1.650.000.000 dan Rp1.665.000.000. Jumlah                  Rp1,650,000,000 and Rp1,665,000,000, respectively. The
        cerukan yang dapat ditarik oleh masing-masing Debitur                total overdraft that can be withdrawn by each Debitors
        sebagai berikut:                                                     are as follows:

                                                    Pagu Kredit/ Maximum Credit Amount
                                                         2024              2023
        Perusahaan                                        400.000.000         400.000.000                                     The Company
        TAM                                               500.000.000         500.000.000                                             TAM
        EAR                                               355.000.000         355.000.000                                             EAR
        DCM                                               250.000.000         250.000.000                                             DCM
        MMS                                                50.000.000          50.000.000                                             MMS
        NASA                                               50.000.000          50.000.000                                            NASA
        PPS                                                45.000.000          45.000.000                                              PPS
        SAM                                                         -           7.500.000                                             SAM
        UAS                                                         -           7.500.000                                             UAS

    -   Fasilitas pinjaman revolving dengan pagu kredit gabungan         -   Time revolving loan facility with maximum credit amount
        pada tanggal 31 Desember 2024 dan 2023 sebesar                       as of 31 December 2024 and 2023 amounting to
        Rp4.450.000.000 dan Rp3.485.000.000. Jumlah pinjaman                 Rp4,450,000,000 and Rp3,485,000,000. The total time
        revolving yang dapat ditarik oleh masing-masing Debitur              revolving loan that can be withdrawn by each Debitors
        sebagai berikut:                                                     are as follows:

                                                          2024                2023
        Perusahaan                                      1.600.000.000         600.000.000                                     The Company
        EAR                                               975.000.000         975.000.000                                             EAR
        TAM                                               975.000.000         975.000.000                                             TAM
        DCM                                               650.000.000         650.000.000                                             DCM
        NASA                                              250.000.000         250.000.000                                            NASA
        SAM                                                         -          17.500.000                                             SAM
        UAS                                                         -          17.500.000                                             UAS

        Berdasarkan perubahan terakhir perjanjian pinjaman                   Based on the latest amendment to the joint borrower
        joint borrower, fasilitas-fasilitas di atas berlaku sampai           loan agreement, the above facilities are valid until
        dengan 13 November 2024 dan di perpanjang sampai                     13 November 2024 and extended until 13 May 2025.
        dengan 13 Mei 2025.
Page 453
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/78                                                             Exhibit E/78


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                            16. BANK LOANS (Continued)

    PT Bank Central Asia Tbk (Lanjutan)                                  PT Bank Central Asia Tbk (Continued)

    Berdasarkan perjanjian joint borrower dengan BCA di atas,            Based on the above joint borrower agreement with BCA
    Perusahaan dan entitas anak tertentu (secara bersama-sama            above, the Company and certain subsidiaries (collectively
    disebut sebagai “para Debitur”) mendapatkan fasilitas                referred as “the Debitors”) obtained the following facilities:
    sebagai berikut: (Lanjutan)                                          (Continued)

    -   Fasilitas pinjaman Kredit Investasi “KI-4” dengan pagu           -   Kredit Investasi “KI-4” facility with maximum credit
        kredit pada tanggal 31 Desember 2024 dan 2023 sebesar                amount as of 31 December 2024 and 2023 amounted to
        Rp110.000.000. Jumlah pinjaman KI yang dapat ditarik                 Rp110,000,000. The total KI loan that can be withdrawn
        oleh masing-masing Debitur masing-masing sebagai                     by each Debitors are as follows:
        berikut:

                                                          2024                2023
        ESA                                                110.000.000        110.000.000                                             ESA

    -   Fasilitas pinjaman Kredit Investasi “KI-5” dengan pagu           -   Kredit Investasi “KI-5” facility with maximum credit
        kredit gabungan pada tanggal 31 Desember 2024 sebesar                amount as of 31 December 2024 amounted to
        Rp800.000.000. Fasilitas ini hanya dapat ditarik oleh EAR,           Rp800,000,000. This facility can be withdrawn by EAR,
        DCM dan NASA.                                                        DCM, and NASA.

        Berdasarkan perubahan terakhir perjanjian pinjaman                   Based on the latest amendment to the joint borrower
        joint borrower, fasilitas KI berlaku sampai dengan 3 tahun           loan agreement, the KI facilities are valid until 3 years
        sejak penarikan fasilitas kredit.                                    after withdrawn the credit facilities.

        Jangka waktu penarikan fasilitas kredit investasi 1, 2 dan           The withdrawal period of EAR, DCM, MII, and NASA’s KI
        3 milik EAR, DCM, MII, dan NASA telah berakhir pada                  facilities 1, 2 and 3 have ended on October 26 2023.
        tanggal 26 Oktober 2023.

    -   Fasilitas pinjaman Installment Loan “IL” dengan pagu             -   Installment Loan “IL” facility with maximum credit
        kredit gabungan pada tanggal 31 Desember 2024 dan                    amount as of 31 December 2024 and 2023 amounted to
        2023, masing-masing sebesar Rp350.000.000 dan                        Rp350,000,000 and Rp50,000,000, respectively. This
        Rp50.000.000. Fasilitas ini hanya yang dapat ditarik oleh            facility can be withdrawn by EAR and DCM
        EAR dan DCM.

        Berdasarkan perubahan terakhir perjanjian pinjaman                   Based on the latest amendment to the joint borrower
        joint borrower, fasilitas IL berlaku sampai dengan 3 tahun           loan agreement, the IL facilities are valid until 3 years
        sejak penarikan fasilitas kredit.                                    after withdrawn the credit facilities.

    -   Fasilitas Forex Forward Line (TOD, TOM, SPOT & Forward)          -   Forex Forward Line (TOD, TOM, SPOT & Forward) facility
        dengan pagu kredit pada tanggal 31 Desember 2024 dan                 with maximum credit amount as of 31 December 2024 and
        2023 sebesar $AS150.000,000 (angka penuh).                           2023 amounted to US$150,000,000 (full amount).

    -   Fasilitas Forward Line Seasonal (TOD, TOM, SPOT &                -   Forex Forward Line Seasonal (TOD, TOM, SPOT & Forward)
        Forward) dengan pagu kredit pada tanggal 31 December                 facility with maximum credit amount as of 31 December
        2024 dan 2023 sebesar $AS50.000,000.                                 2024 and 2023 amounted to US$50,000,000.

    Pada tanggal 31 Desember 2024, Perusahaan dan PPS memiliki           As of 31 December 2024, the Company and PPS has SPOT and
    transaksi SPOT dan forward mata uang asing $AS dan $Sin              forward foreign currency transactions in AS$ and Sin$ which
    yang akan jatuh tempo pada tanggal antara 2 Januari 2025             will mature on between 2 January 2025 and 15 January 2025.
    sampai 15 Januari 2025. Liabilitas derivatif yang dicatat dari       The derivative liabilities recorded from the forward
    transaksi forward tersebut adalah sebesar Rp106.698 dan              transaction is amounted to Rp106,698 and are presented as
    disajikan sebagai bagian dari “Liabilitas Keuangan Jangka            “Other Current Financial Liabilities” in the consolidated
    Pendek Lainnya” pada laporan posisi keuangan konsolidasian.          statement of financial position.

    Pada tahun 2023, Perusahaan dan PPS memiliki transaksi SPOT          In 2023, the Company has SPOT and forward foreign currency
    dan forward mata uang asing $AS dan $Sin yang akan jatuh             transactions in AS$ and Sin$ which will mature on between
    tempo pada tanggal antara 2 Januari 2024 sampai 18 Januari           2 January 2024 and 18 January 2024. The derivative liabilities
    2024. Liabilitas derivatif yang dicatat dari transaksi forward       recorded from the forward transaction is amounted to
    tersebut adalah sebesar Rp8.179.644 dan disajikan sebagai            Rp8,179,644 and are presented as “Other Current Financial
    bagian dari “Liabilitas Keuangan Jangka Pendek Lainnya”              Liabilities” in the consolidated statement of financial
    pada laporan posisi keuangan konsolidasian.                          position.
Page 454
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                  Ekshibit E/79                                                             Exhibit E/79


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                          16. BANK LOANS (Continued)

    PT Bank Central Asia Tbk (Lanjutan)                                PT Bank Central Asia Tbk (Continued)

    Pada tanggal 31 Desember 2024 dan 2023, fasilitas-fasilitas        As of 31 December 2024 and 2023, these loan facilities bear
    pinjaman tersebut dikenakan tingkat suku bunga masing-             interest ranging from 7.25% - 7.50% per annum and 7.50% -
    masing berkisar antara 7,25% - 7,50% per tahun dan 7,50% -         7.75% per annum, respectively.
    7,75% per tahun.

    Fasilitas-fasilitas di atas dijamin dengan agunan sebagai          The above facilities are secured by the following collaterals:
    berikut:

    -   Piutang dan persediaan yang dimiliki oleh pihak-pihak          -   Receivables and inventories of owned by parties that
        yang mendapatkan fasilitas kredit dari perjanjian kredit           have obtained credit facilities under the credit
        tersebut (Catatan 5 dan 6); dan                                    agreement (Notes 5 and 6); and

    -   Tanah dan bangunan yang dimiliki Perusahaan, EAR, dan          -   Land and building owned by the Company, EAR, and ESA
        ESA dengan nilai buku sebesar Rp540.653.574 dan                    with net book value of Rp540,653,574 and Rp401,378,432,
        Rp401.378.432 pada tanggal 31 Desember 2024 dan 2023               respectively, as of 31 December 2024 and 2023 (Note 13).
        (Catatan 13).

    Berdasarkan perjanjian di atas, para Debitur harus                 Based on the above loan agreement, the Debitors must obtain
    mendapatkan persetujuan dari pihak BCA sebelum melakukan           written approval from BCA before entering into certain
    transaksi tertentu, antara lain:                                   transactions, among others, as follows:
    - Melakukan investasi atau mendirikan usaha yang baru,             - Invest in or establish new business, except invest in and
        kecuali investasi dan akuisisi yang menggunakan dana               acquisition by using the proceeds from Initial Public
        hasil Penawaran Umum Perdana Saham;                                Offering;
    - Menjual atau melepaskan aset tetap atau aset utama yang          - Sell or dispose fixed assets or other core assets used in
        digunakan dalam kegiatan usaha, kecuali untuk tujuan               the business, except for operational purposes;
        operasional;
    - Melakukan perubahan dalam status Debitur, Anggaran               -   Make changes in the Debitor’s status, Articles of
        Dasar, dan komposisi dari Dewan Komisaris, Direktur, dan           Association and the composition of the Boards of
        Pemegang Saham, kecuali untuk mematuhi persyaratan                 Commissioners, Board of Directors and Shareholders,
        Otoritas Jasa Keuangan dan melakukan pengurangan                   except to comply with the Financial Services Authority’s
        modal ditempatkan dan disetor penuh;                               requirements and decrease in issued and fully paid share
                                                                           capital;
    -   Mengikatkan diri sebagai penanggung/ penjamin dan              -   Acted as insurer/guarantor and pledge the Debitor’s
        mengagunkan aset Debitur;                                          assets;
    -   Melakukan perubahan susunan pemegang saham pada                -   Make changes in the composition of the shareholders in
        TAM, EAR, DCM, MMS, PPS, NASA, UAS, dan SAM yang                   TAM, EAR, DCM, MMS, PPS, NASA, UAS, and SAM which
        menyebabkan kepemilikan Perusahaan menjadi kurang                  resulted in the Company’s ownership interest to become
        dari 51%;                                                          less than 51%;
    -   Memperoleh pinjaman baru dari pihak lain, dan/atau             -   Obtaining new loan from other party, and/or pledge of
        menjaminkan aset Debitur sebagai jaminan kepada pihak              the Debitor’s assets as collateral to other party; and
        lain; dan
    -   Memberikan pinjaman kepada pihak ketiga atau                   -   Give loans to third party or affiliate, except if it is
        afiliasinya, kecuali jika ada kaitannya dengan kegiatan            related with the Debitor’s operational purposes.
        operasional Debitur.

    Berdasarkan perjanjian di atas, para Debitur harus                 Based on the above loan agreement, the Debitors must
    menginformasikan pihak BCA bila melakukan transaksi                inform BCA when entering into certain transactions, among
    tertentu, antara lain:                                             others, as follows:
    - Membagikan dividen.                                              - Declaring dividends.
    - Perubahan Anggaran Dasar Debitur dalam rangka                    - Change of the Articles of Association in order to comform
        penyesuaian dengan peraturan Badan Pengawas Pasar                  with the regulations of the Capital Market Supervisory
        Modal yang telah digantikan oleh Otoritas Jasa Keuangan.           Agency which has been replaced by the Financial Services
                                                                           Authority.
    -   Melakukan perubahan susunan pemegang saham pada                - Make changes in the composition of the shareholders in
        TAM, EAR, DCM, MMS, PPS, NASA, UAS, dan SAM yang tidak             TAM, EAR, DCM, MMS, PPS, NASA, UAS, and SAM which do
        menyebabkan kepemilikan Perusahaan menjadi kurang                  not resulted in the Company’s ownership interest to
        dari 51%.                                                          become less than 51%.
Page 455
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                  Ekshibit E/80                                                             Exhibit E/80


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                          16. BANK LOANS (Continued)

    PT Bank Central Asia Tbk (Lanjutan)                                PT Bank Central Asia Tbk (Continued)

    Selain itu, para Debitur harus mempertahankan rasio                In addition, the Debitors should maintain the following
    keuangan sebagai berikut, sebagaimana didefinisikan dalam          financial ratios, as defined in the loan agreement:
    perjanjian kredit:
    - Mempertahankan rasio lancar tidak kurang dari 1 (satu)           -   Maintain current ratio to be not less than
        kali;                                                              1 (one) time;
    - Mempertahankan rasio laba sebelum manfaat (beban)                -   Maintain the ratio of income before income tax benefit
        pajak, penyusutan, dan amortisasi (“EBITDA”) terhadap              (expense), depreciation and amortization (“EBITDA”) to
        beban bunga tidak kurang dari 1,5 (satu koma lima) kali;           interest expense to be not less than 1.5 (one point five)
                                                                           times;
    -   Mempertahankan jumlah piutang dan persediaan terhadap          -   Maintain the sum of accounts receivable and inventories
        total saldo utang bank (modal kerja jangka pendek) tidak           to outstanding bank loans (Short-term working capital) to
        kurang dari 1,1 (satu koma satu) kali;                             be not less than 1.1 (one point one) times;
    -   Mempertahankan rasio EBITDA setelah dikurangi pajak            -   Maintain the ratio of EBITDA after less tax to total loan
        terhadap total pembayaran pokok pinjaman dan bunga                 principal and interest payment to be not less than
        tidak kurang dari 1,2 (satu koma dua) kali.                        1.2 (one point two) times.

    Sehubungan dengan rencana SES untuk mengubah status dari           In relation with SES’s plan to change its status from private
    perusahaan tertutup menjadi perusahaan terbuka, SES telah          company to public company, SES has obtained the approval
    memperoleh persetujuan dari BCA pada suratnya                      from BCA in its letter No. 30093/GBK/2023 dated 2 March
    No. 30093/GBK/2023 tanggal 2 Maret 2023.                           2023.

    Sehubungan dengan perolehan pinjaman baru dari PT Bank             In relation with obtaining new loan from PT Bank Mandiri
    Mandiri (Persero) Tbk, para Debitur telah memperoleh               (Persero) Tbk, the Debitors has obtained the approval from
    persetujuan dari BCA pada suratnya No. 30452/GBK/2023,             BCA in its letter No. 30452/GBK/2023 dated 14 September
    tanggal 14 September 2023.                                         2023.

    Pada tanggal 31 Desember 2024, para Debitur telah memenuhi         As of 31 December 2024, the Debitors have complied with all
    semua persyaratan sebagaimana diatur dalam perjanjian              covenants which were stated in the loan agreements above.
    pinjaman tersebut di atas.

    Pada tanggal 2 Mei 2024, SES dan entitas anaknya yaitu MII,        As of 2 May 2024, SES and its subsidiaries namely MII, EAD,
    EAD, EAI, EGD, EGI, dan SEA (secara bersama-sama disebut           EAI, EGD, EGI, and SEA (collectively referred as “the
    sebagai “Para Debitur”) menandatangani perjanjian pinjaman         Debitors”) entered into a joint borrower loan agreement
    joint borrower dengan PT Bank Central Asia Tbk (“BCA”).            with PT Bank Central Asia Tbk (“BCA”).

    Berdasarkan perjanjian joint borrower dengan BCA di atas,          Based on the above joint borrower agreement with BCA
    SES dan entitas anak (secara bersama-sama disebut sebagai          above, SES and its subsidiaries (collectively referred as “the
    “para Debitur”) mendapatkan fasilitas sebagai berikut:             Debitors”) obtained the following facilities:

    -   Fasilitas berupa Bank Garansi dan Standby Letter of            -   Facility in the form of Bank Guarantee and Standby Letter
        Credit dengan pagu kredit pada tanggal 31 Desember 2024            of Credit had credit as of 31 December 2024 not
        tidak melebihi $AS4.000.000 (angka penuh) dan                      exceeding US$4,000,000 (full amount) and Rp47,000,000.
        Rp47.000.000.
    -   Fasilitas cerukan dengan pagu kredit pada tanggal              -   Overdraft facility with credit limit of Rp101,000,000
        31 Desember 2024 sebesar Rp101.000.000 hanya dapat                 as of 31 December 2024 is exclusively available for SES.
        digunakan oleh SES.
    -   Fasilitas pinjaman revolving dengan pagu kredit gabungan       -   Time revolving loan facility with maximum credit amount
        pada tanggal 31 Desember 2024 sebesar Rp131.000.000.               as of 31 December 2024 amounting to Rp131,000,000
    -   Fasilitas pinjaman Kredit Investasi “KI” dengan pagu           -   Kredit Investasi “KI” facility with a total credit limit as
        kredit gabungan pada tanggal 31 Desember 2024 sebesar              of 31 December 2024 amounting to Rp25,000,000.
        Rp25.000.000.
    -   Fasilitas Forex Forward Line (TOD, TOM, SPOT & Forward)        -   Forex Forward Line (TOD, TOM, SPOT & Forward) facility
        dengan pagu kredit pada tanggal 31 Desember 2024                   with maximum credit amount as of 31 December 2024
        sebesar $AS3.000,000                                               amounted to US$3,000,000.

    Berdasarkan perjanjian pinjaman joint borrower, fasilitas-         Based on the joint borrower loan agreement, the above
    fasilitas di atas berlaku sampai dengan 13 Mei 2025.               facilities are valid until 13 May 2025.
Page 456
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                     Ekshibit E/81                                                              Exhibit E/81


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                              16. BANK LOANS (Continued)

    PT Bank Central Asia Tbk (Lanjutan)                                    PT Bank Central Asia Tbk (Continued)

    Fasilitas-fasilitas di atas dijamin dengan agunan sebagai              The above facilities are secured by following collaterals:
    berikut:
    - Piutang usaha dan persediaan yang dimiliki oleh pihak-               -   Trade receivables and inventories owned by the parties
        pihak yang mendapatkan fasilitas kredit dari perjanjian                obtaining credit facilities from the credit agreement
        kredit tersebut (Catatan 5 dan 6), dan                                 (Notes 5 and 6), and
    - Corporate Guarantee atas nama PT Erajaya Swasembada                  -   Corporate Guarantee on behalf of PT Erajaya
        Tbk, entitas induk.                                                    Swasembada Tbk, parent entity.

    Berdasarkan perjanjian pinjaman joint borrower di atas,                Based on the above joint borrower loan agreement, the
    Debitur harus mendapatkan persetujuan dari pihak BCA                   Debtors should obtain written approval from BCA before
    sebelum melakukan transaksi tertentu dan mempertahankan                entering into certain transactions and maintain the financial
    rasio keuangan.                                                        ratios.

    Para Debitur harus mempertahankan rasio keuangan sebagai               The Debitors should maintain the following financial ratios,
    berikut, sebagaimana didefinisikan dalam perjanjian kredit:            as defined in the loan agreement:

    -   Mempertahankan rasio lancar tidak kurang dari 1 (satu)             -   Maintain current ratio to be not less than
        kali;                                                                  1 (one) time;
    -   Mempertahankan rasio laba sebelum manfaat (beban)                  -   Maintain the ratio of income before income tax benefit
        pajak, penyusutan, dan amortisasi (“EBITDA”) terhadap                  (expense), depreciation and amortization (“EBITDA”) to
        beban bunga tidak kurang dari 1,5 (satu koma lima) kali;               interest expense to be not less than 1.5 (one point five)
                                                                               times;
    -   Mempertahankan jumlah piutang dan persediaan terhadap              -   Maintain the sum of accounts receivable and inventories
        total saldo utang bank (modal kerja jangka pendek) tidak               to outstanding bank loans (Short-term working capital) to
        kurang dari 1,1 (satu koma satu) kali;                                 be not less than 1.1 (one point one) times;
    -   Mempertahankan rasio EBITDA setelah dikurangi pajak                -   Maintain the ratio of EBITDA after less tax to total loan
        terhadap total pembayaran pokok pinjaman dan bunga                     principal and interest payment to be not less than
        tidak kurang dari 1,2 (satu koma dua) kali.                            1.2 (one point two) times.

    Pada tanggal 31 Desember 2024, para Debitur telah memenuhi             As of 31 December 2024, the Debitors have complied with all
    semua persyaratan sebagaimana diatur dalam perjanjian                  covenants which were stated in the loan agreements above.
    pinjaman tersebut di atas.

    Pada tanggal 31 Desember 2024, para Debitur belum                      As of 31 December 2024, the Debtors have not made any
    melakukan penarikan atas fasilitas yang tersedia.                      withdrawals from the available facilities.

    PT Bank CTBC Indonesia                                                 PT Bank CTBC Indonesia

    Pada tanggal 5 September 2013, EAR menandatangani                      As of 5 September 2013, EAR entered into a loan agreement
    perjanjian pinjaman dengan PT Bank CTBC Indonesia                      with PT Bank CTBC Indonesia (“CTBC”). The loan agreement
    (“CTBC”). Perjanjian pinjaman tersebut telah mengalami                 has been amended for several times whereby as of
    beberapa perubahan. Pada tanggal 31 Desember 2024 dan                  31 December 2024 and 2023, the credit facilities obtained by
    2023, fasilitas kredit yang diperoleh EAR terdiri dari fasilitas       EAR consists of overdraft, short-term loan, and demand loan
    cerukan, pinjaman jangka pendek dan demand loan dengan                 with    maximum      credit   amount     of   Rp20,000,000,
    pagu    kredit     masing-masing     sebesar   Rp20.000.000,           Rp150,000,000 and Rp30,000,000, respectively.
    Rp150.000.000 dan Rp30.000.000.

    Berdasarkan perubahan perjanjian pinjaman terakhir, fasilitas          Based on the latest amendment of the loan agreement, the
    pinjaman di atas berlaku sampai dengan 7 Februari 2025.                above credit facilities are valid until 7 February 2025.
Page 457
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                    Ekshibit E/82                                                              Exhibit E/82


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                             16. BANK LOANS (Continued)

    PT Bank CTBC Indonesia (Lanjutan)                                     PT Bank CTBC Indonesia (Continued)

    Untuk tahun yang berakhir pada tanggal 31 Desember 2024,              For the year ended 31 December 2024, These loan facilities
    fasilitas-fasilitas pinjaman tersebut dikenakan tingkat suku          bear interest ranging from 7.00% - 7.25% per annum and for
    bunga sebesar 7,00% - 7,25% per tahun dan untuk tahun yang            the year ended 31 December 2023, these loan facilities bear
    berakhir pada tanggal 31 Desember 2023, fasilitas-fasilitas           interest at 7.50% per annum.
    pinjaman tersebut dikenakan tingkat suku bunga sebesar
    7,50% per tahun.

    Pada tanggal 31 Desember 2024 dan 2023, fasilitas-fasilitas ini       As of 31 December 2024 and 2023, these facilities are secured
    dijamin dengan piutang usaha EAR sebesar Rp100.000.000                by trade receivables of EAR amounting to Rp100,000,000
    (Catatan    5),    persediaan    sebesar      Rp150.000.000           (Note 5), inventories of Rp150,000,000 (Note 7) and
    (Catatan 7) dan piutang atas restitusi pajak Perusahaan               receivables of the Company amounting to Rp250,000,000.
    sebesar Rp250.000.000.

    Berdasarkan perjanjian di atas, Perusahaan wajib menjaga              Based on the above loan agreement, the Company is required
    kepemilikannya pada EAR minimal sebesar 80%, dan EAR harus            to maintain at minimum 80% ownership interest on EAR, and
    mendapatkan persetujuan dari CTBC sebelum melakukan                   EAR must obtain written approval from CTBC before entering
    transaksi tertentu, antara lain:                                      into certain transactions, among others, as follows:
    - Melakukan transaksi di luar operasi normal;                         - Conducting transactions that are outside of the normal
                                                                              course of business;
    -   Melakukan penggabungan dan pengambilalihan usaha;                 - Conducting merger and acquisition;
    -   Menjual, menyewakan, mengalihkan atau melepaskan                  - Sell, lease, transfer or release more than 20% of buildings
        lebih dari 20% bangunan-bangunan atau kekayaan EAR;                   or assets owned by EAR; and
        dan
    -   Melakukan perubahan pada Anggaran Dasar, susunan                  -   Make changes of the Articles of Association, composition
        pemegang saham, Direksi dan Dewan Komisaris.                          of the shareholders, Boards of Directors and
                                                                              Commissioners.

    Saldo terutang EAR atas fasilitas pinjaman jangka pendek dan          EAR Outstanding balance of short-term loan and demand loan
    demand loan. Pada tanggal 31 Desember 2024 dan 2023                   as of 31 December 2024 and 2023 is amounting to
    masing-masing berjumlah Rp160.000.000 dan Rp180.000.000.              Rp160,000,000 and Rp180,000,000, respectively.

    Pada tanggal 26 Oktober 2021, Perjanjian pinjaman dengan              On 26 October 2021, the loan agreement with CTBC has been
    CTBC telah mengalami perubahan, dengan penambahan                     amended, with the addition of the Company into the loan
    Perusahaan pada perjanjian pinjaman, sehingga pada tanggal            agreement, whereby as of 31 December 2024 and 2023, the
    31 Desember 2024 dan 2023, pagu pinjaman fasilitas pinjaman           maximum credit amount of short-term loan facility which can
    jangka pendek yang dapat ditarik oleh Perusahaan dalam                be withdrawn by the Company in Rupiah amounting to
    mata uang Rupiah masing-masing sebesar Rp450.000.000 dan              Rp450,000,000 and Rp150,000,000 (or its equivalent United
    Rp150.000.000 (atau setara dollar Amerika Serikatnya).                States dollar).

    Selama tahun 2024 dan 2023, Perusahaan juga mendapatkan               During 2024 and 2023, the Company also obtained the foreign
    fasilitas foreign exchange transaction (TOM, SPOT, Forward)           exchange transaction (TOM, SPOT, Forward) amounted to
    sebesar $AS1.500.000. Selama tahun 2024 dan 2023, untuk               US$1,500,000. During 2024 and 2023, for the loan withdrawn
    pinjaman yang ditarik dalam mata uang Rupiah, tingkat suku            in Rupiah, the prevailing interest rate is ranging from 7.00%
    bunga yang berlaku masing-masing berkisar antara 7,00% -              - 7.25% per annum and 7.50% per annum, respectively. For
    7,25% per tahun dan 7,50% per tahun. Untuk pinjaman yang              the loan withdrawn in United States dollar, the loan is
    ditarik dalam mata uang dolar Amerika Serikat, pinjaman               charged with interest at LIBOR (1 month) + 3.00% per annum.
    tersebut dikenakan bunga sebesar LIBOR (1 bulan) + 3,00% per
    tahun.

    Fasilitas di atas dijamin dengan piutang dan persediaan milik         The above facilities are secured by the receivables and
    Perusahaan dan TAM dengan rasio persediaan yang dijaminkan            inventories owned by the Company and TAM with minimum
    terhadap piutang yang dijaminkan minimum sebesar 1,5 (satu            ratio of pledged inventories to pledged receivables at 1.5
    koma lima) kali.                                                      (one point five) times.
Page 458
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                    Ekshibit E/83                                                              Exhibit E/83


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                             16. BANK LOANS (Continued)

    PT Bank CTBC Indonesia (Lanjutan)                                     PT Bank CTBC Indonesia (Continued)

    Sebagaimana disyaratkan dalam perjanjian pinjaman,                    As required by the loan agreement, the Company, on
    Perusahaan, secara konsolidasian, harus mempertahankan                consolidation basis, should maintain the following financial
    rasio keuangan sebagai berikut :                                      ratios:
    - Mempertahankan          rasio    lancar      kurang      dari       - Maintain current ratio to be not less than
        1 (satu) kali;                                                        1 (one) time;
    - Mempertahankan jumlah piutang dan persediaan terhadap               - Maintain the sum of accounts receivable and inventories
        total pinjaman tidak kurang dari 1,1 (satu koma satu) kali;           to outstanding loans to be not less than 1.1 (one point
                                                                              one) times;
    -   Mempertahankan debt service coverage ratio (DCSR) tidak           - Maintain debt service coverage ratio (DCSR) to be not less
        kurang dari 1,5 (satu koma lima) kali;                                than 1.5 (one point five) times;

    Perjanjian  pinjaman   tersebut juga  mensyaratkan                    The loan agreement also requires PT Eralink International,
    PT Eralink International, induk perusahaan, untuk                     parent company, to hold at least 51% share ownership in the
    mempertahankan setidaknya 51% kepemilikan pada                        Company.
    Perusahaan.

    Jumlah pinjaman yang dapat ditarik oleh Perusahaan dan EAR            Total loan that can be withdrawn by the Company and EAR
    tidak melebihi Rp450.000.000.                                         shall not exceed Rp450,000,000.

    Pada tanggal 31 Desember 2024, Perusahaan dan EAR telah               As of 31 December 2024, the Company and EAR have complied
    memenuhi semua persyaratan sebagaimana diatur dalam                   with all covenants which were stated in the loan agreements
    perjanjian pinjaman tersebut di atas.                                 above.

    PT Bank Mandiri (Persero) Tbk                                         PT Bank Mandiri (Persero) Tbk

    Pada tanggal 28 Agustus 2023, Perusahaan, PT Data Citra               As of 28 August 2023, the Company, PT Data Citra Mandiri
    Mandiri (“DCM”), entitas anak, PT Erafone Artha Retailindo            (“DCM”), a subsidiary, PT Erafone Artha Retailindo (“EAR”),
    (“EAR”), entitas anak, dan PT Teletama Artha Mandiri                  a subsidiary, and PT Teletama Artha Mandiri (“TAM”), a
    (“TAM”), entitas anak, menandatangani perjanjian pinjaman             subsidiary, entered into a joint borrower loan agreement
    joint borrower dengan PT Bank Mandiri (Persero) Tbk                   with PT Bank Mandiri (Persero) Tbk (“Mandiri”).
    (“Mandiri”).

    Berdasarkan perjanjian joint borrower dengan Mandiri di               Based on the above joint borrower agreement with Mandiri
    atas, Perusahaan dan entitas anak tertentu (secara bersama-           above, the Company and certain subsidiaries (collectively
    sama disebut sebagai “para Debitur”) mendapatkan fasilitas            referred as “the Debitors”) obtained the following facilities:
    sebagai berikut:

    -   Fasilitas pinjaman revolving dengan pagu kredit gabungan          -   Time revolving loan facility with maximum credit amount
        pada tanggal 31 Desember 2024 dan 2023 masing-masing                  as of 31 December 2024 and 2023 amounted to
        sebesar Rp3.000.000.000. Jumlah pinjaman revolving                    Rp3,000,000,000. The total time revolving loan that can
        yang dapat ditarik oleh masing-masing Debitur masing-                 be withdrawn by each Debitors are as follows:
        masing sebagai berikut:

                                                     Pagu Kredit/ Maximum Credit Amount
                                                          2024              2023
        EAR                                                600.000.000          600.000.000                                            EAR
        TAM                                              1.200.000.000        1.200.000.000                                            TAM
        DCM                                              1.200.000.000        1.200.000.000                                            DCM

    Pada tanggal 31 Desember 2024, fasilitas-fasilitas pinjaman           As of 31 December 2024, these loan facilities bear interest
    tersebut dikenakan tingkat suku bunga sebesar 7,00% - 7,50%           ranging from 7.00% - 7.50% per annum.
    per tahun.

    Perusahaan mendapatkan fasilitas berupa Standby Letter of             The Company obtained facility in the form of Standby Letter
    Credit dengan pagu kredit pada tanggal 31 Desember 2024               of Credit with maximum credit amount as of December 31,
    dan 2023 tidak melebihi $AS150.000.000 (angka penuh).                 2024 and 2023 amounted to US$150,000,000 (full amount).
Page 459
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                   Ekshibit E/84                                                             Exhibit E/84


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                           16. BANK LOANS (Continued)

    PT Bank Mandiri (Persero) Tbk (Lanjutan)                            PT Bank Mandiri (Persero) Tbk (Continued)

    Perusahaan juga mendapatkan fasilitas foreign exchange              The Company also obtained the foreign exchange transaction
    transaction (TOM, SPOT, Forward, dan Option) sebesar                (TOM, SPOT, Forward, and Option) amounted to US$4,500,000
    $AS4.500.000 atau limit notional sebesar $AS150.000.000             or notional limit amounted to US$150,000,000 (full amount).
    (angka penuh).

    Berdasarkan perubahan perjanjian pinjaman terakhir, fasilitas       Based on the latest amendment of the loan agreement, the
    pinjaman di atas berlaku sampai dengan 14 September 2025.           above credit facilities are valid until 14 September 2025.

    Berdasarkan perjanjian pinjaman joint borrower, fasilitas TL        Based on the joint borrower loan agreement, the TL facilities
    berlaku sampai dengan 1 tahun sejak penandatanganan                 are valid until 1 year from the signing of the credit
    perjanjian kredit.                                                  agreement.

    Fasilitas-fasilitas di atas dijamin dengan piutang dan              The above facilities are secured by receivables and
    persediaan yang dimiliki oleh pihak-pihak yang mendapatkan          inventories of the parties which obtained the credit facilities
    fasilitas kredit dari perjanjian kredit tersebut (Catatan 5         from the credit agreement (Notes 5 and 7).
    dan 7).

    Berdasarkan perjanjian di atas, para Debitur harus                  Based on the above loan agreement, the Debitors must obtain
    mendapatkan persetujuan dari pihak Mandiri sebelum                  written approval from Mandiri before entering into certain
    melakukan transaksi tertentu, antara lain:                          transactions, among others, as follows:
    - Melakukan investasi atau mendirikan usaha yang baru,              - Invest in or establish new business, except invest in and
       kecuali investasi dan akuisisi yang menggunakan dana                 acquisition by using the proceeds from Initial Public
       hasil Penawaran Umum Perdana Saham;                                  Offering;
    - Menjual atau melepaskan aset tetap atau aset utama yang           - Sell or dispose fixed assets or other core assets used in
       digunakan dalam kegiatan usaha, kecuali untuk tujuan                 the business, except for operational purposes;
       operasional;
    - Melakukan perubahan dalam status Debitur, Anggaran                -   Make changes in the Debitor’s status, Articles of
       Dasar, dan komposisi dari Dewan Komisaris, Direktur, dan             Association and the composition of the Boards of
       Pemegang Saham, kecuali untuk mematuhi persyaratan                   Commissioners, Board of Directors and Shareholders,
       Otoritas Jasa Keuangan dan melakukan pengurangan                     except to comply with the Financial Services Authority’s
       modal ditempatkan dan disetor penuh;                                 requirements and decrease in issued and fully paid share
                                                                            capital;
    -   Mengikatkan diri sebagai penanggung/ penjamin dan               -   Acted as insurer/guarantor and pledge the Debitor’s
        mengagunkan aset Debitur;                                           assets;
    -   Melakukan perubahan susunan pemegang saham pada                 -   Make changes in the composition of the shareholders in
        TAM, EAR, dan DCM yang menyebabkan kepemilikan                      TAM, EAR, and DCM which resulted in the Company’s
        Perusahaan menjadi kurang dari 51%;                                 ownership interest to become less than 51%;
    -   Memperoleh pinjaman baru dari pihak lain, dan/atau              -   Obtaining new loan from other party, and/or pledge of
        menjaminkan aset Debitur sebagai jaminan kepada pihak               the Debitor’s assets as collateral to other party; and
        lain; dan
    -   Memberikan pinjaman kepada pihak ketiga atau                    -   Give loans to third party or affiliate, except if it is
        afiliasinya, kecuali jika ada kaitannya dengan kegiatan             related with the Debitor’s operational purposes.
        operasional Debitur.

    Berdasarkan perjanjian di atas, para Debitur harus                  Based on the above loan agreement, the Debitors must
    menginformasikan pihak Mandiri bila melakukan transaksi             inform Mandiri when entering into certain transactions,
    tertentu, antara lain:                                              among others, as follows:
    - Membagikan dividen.                                               - Declaring dividends.
    - Perubahan Anggaran Dasar Debitur dalam rangka                     - Change of the Articles of Association in order to comform
        penyesuaian dengan peraturan Badan Pengawas Pasar                   with the regulations of the Capital Market Supervisory
        Modal yang telah digantikan oleh Otoritas Jasa Keuangan.            Agency which has been replaced by the Financial Services
                                                                            Authority.
    -   Melakukan perubahan susunan pemegang saham pada                 - Make changes in the composition of the shareholders in
        TAM, EAR, dan DCM yang tidak menyebabkan kepemilikan                TAM, EAR, and DCM which do not resulted in the
        Perusahaan menjadi kurang dari 51%.                                 Company’s ownership interest to become less than 51%.
Page 460
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                    Ekshibit E/85                                                              Exhibit E/85


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                             16. BANK LOANS (Continued)

    PT Bank Mandiri (Persero) Tbk (Lanjutan)                              PT Bank Mandiri (Persero) Tbk (Continued)
    Selain itu, para Debitur harus mempertahankan rasio                   In addition, the Debitors should maintain the following
    keuangan sebagai berikut, sebagaimana didefinisikan dalam             financial ratios, as defined in the loan agreement:
    perjanjian kredit:
    - Mempertahankan rasio lancar tidak kurang dari 1 (satu)              -   Maintain current ratio to be not less than 1 (one) time;
        kali;
    - Mempertahankan jumlah piutang dan persediaan terhadap               -   Maintain the sum of accounts receivable and inventories
        total pinjaman tidak kurang dari 1,1 (satu koma satu) kali;           to outstanding loans to be not less than 1.1 (one point
                                                                              one) times;
    -   Mempertahankan rasio laba sebelum bunga, manfaat                  -   Maintain the ratio of income before interest, income tax
        (beban) pajak, penyusutan, dan amortisasi (“EBITDA”)                  benefit (expense), depreciation and amortization
        terhadap beban bunga tidak kurang dari 1,5 (satu koma                 (“EBITDA”) to interest expense to be not less than
        lima) kali;                                                           1.5 (one point five) times;

    Pada tanggal 31 Desember 2024 dan 2023, para Debitur telah            As of 31 December 2024 and 2023, the Debitors have complied
    memenuhi semua persyaratan sebagaimana diatur dalam                   with all covenants which were stated in the loan agreements
    perjanjian pinjaman tersebut di atas.                                 above.

    PT Bank CIMB Niaga Tbk                                                PT Bank CIMB Niaga Tbk

    Pada tanggal 9 Agustus 2023, PT Mitra Belanja Anda (“MBA”),           As of 9 August 2023, PT Mitra Belanja Anda (“MBA”), a
    entitas anak, menandatangani perjanjian pinjaman dengan               subsidiary, entered into a loan agreement with PT Bank CIMB
    PT Bank CIMB Niaga Tbk (“CIMB Niaga”). Pada tanggal                   Niaga Tbk (“CIMB Niaga”). As of 31 December 2024, the credit
    31 Desember 2024, fasilitas kredit yang diperoleh MBA terdiri         facilities obtained by MBA consists of Revolving Loan-PRK,
    dari fasilitas Pinjaman Rekening Koran “PRK”, Pinjaman                Revolving Loan PTK, and Pinjaman Investasi “PI” with
    Transaksi Khusus “PTK” dan Pinjaman Investasi “PI” dengan             maximum credit amount of Rp25,000,000, Rp25,000,000 and
    pagu    kredit    masing-masing     sebesar    Rp25.000.000,          Rp150,000,000, respectively.
    Rp25.000.000 dan Rp150.000.000.

    Untuk tahun yang berakhir pada tanggal 31 Desember 2024,              For the year ended 31 December 2024, these loan facilities
    fasilitas-fasilitas pinjaman tersebut dikenakan tingkat suku          bear interest ranging from 7.25% per annum.
    bunga sebesar 7,25% per tahun.

    Pada tanggal 31 Desember 2024, fasilitas-fasilitas ini dijamin        As of 31 December 2024, these facilities are secured by fixed
    dengan aset tetap MBA sebesar Rp160.000.000 (Catatan 13)              assets of MBA amounting to Rp160,000,000 (Note 13) and
    dan persediaan sebesar Rp60.000.000 (Catatan 7).                      inventories of Rp60,000,000 (Note 7).

    Berdasarkan perjanjian di atas, Perusahaan wajib menjaga              Based on the above loan agreement, the Company is required
    kepemilikannya pada MBA minimal sebesar 51%, dan MBA                  to maintain at minimum 51% ownership interest on MBA, and
    harus mendapatkan persetujuan dari CIMB Niaga sebelum                 MBA must obtain written approval from CIMB Niaga before
    melakukan transaksi tertentu, antara lain:                            entering into certain transactions, among others, as follows:

    -   Membagikan dividen;                                               -   Declaring dividends;
    -   Memberikan pinjaman kepada pihak ketiga kecuali jika              -   Give loans to third party, except if it is related with the
        ada kaitannya dengan kegiatan operasional Debitur.;                   Debitor’s operational purposes.;
    -   Melakukan perubahan pada Anggaran Dasar, susunan                  -   Make changes of the Articles of Association, composition
        pemegang saham, Direksi dan Dewan Komisaris.                          of the shareholders, Boards of Directors and
                                                                              Commissioners.

    Selain itu, para Debitur harus mempertahankan rasio                   In addition, the Debitors should maintain the following
    keuangan sebagai berikut, sebagaimana didefinisikan dalam             financial ratios, as defined in the loan agreement:
    perjanjian kredit:

    -   Mempertahankan DSCR tidak kurang dari 1 (satu) kali pada          -   Maintain DSCR to be not less than 1 (one) time in 2023
        tahun 2023 dan 1,1 (satu koma satu) kali pada tahun 2024;             and 1.1 (one point one) times in 2024;
    -   Mempertahankan jumlah piutang dan persediaan terhadap             -   Maintain the sum of accounts receivable and inventories
        total pinjaman tidak kurang dari 1 (satu) kali;                       to outstanding loans to be not less than 1 (one) times;
Page 461
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                  Ekshibit E/86                                                             Exhibit E/86


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                          16. BANK LOANS (Continued)

    PT Bank CIMB Niaga Tbk (Lanjutan)                                  PT Bank CIMB Niaga Tbk (Continued)

    Selain itu, para Debitur harus mempertahankan rasio                In addition, the Debitors should maintain the following
    keuangan sebagai berikut, sebagaimana didefinisikan dalam          financial ratios, as defined in the loan agreement:
    perjanjian kredit: (Lanjutan)                                      (Continued)

    -   Mempertahankan gearing ratio maksimum 2,5 (dua koma            -   Maintain gearing ratio maximum 2.5 (two point five)
        lima) kali;                                                        times;
    -   Mempertahankan rasio laba sebelum manfaat (beban)              -   Maintain the ratio of income before income tax benefit
        pajak, penyusutan, dan amortisasi (“EBITDA”) terhadap              (expense), depreciation and amortization (“EBITDA”) to
        beban bunga tidak kurang dari 4,5 (empat koma lima) kali           interest expense to be not less than 4.5 (four point five)
        pada tahun 2023 dan 4 (empat) kali pada tahun 2024;                times in 2023 and 4 (four) times in 2024;

    Pada tanggal 31 Desember 2024, MBA telah memenuhi semua            As of 31 December 2024, MBA have complied with all
    persyaratan sebagaimana diatur dalam perjanjian pinjaman           covenants which were stated in the loan agreements above.
    tersebut di atas.

    CIMB Bank Bhd.                                                     CIMB Bank Bhd.

    Pada tanggal 29 Juli 2016, CG, entitas anak, menandatangani        As of 29 July 2016, CG, a subsidiary, entered into a loan
    perjanjian pinjaman dengan CIMB Bank Bhd. (“CIMB”).                agreement with CIMB Bank Bhd. (“CIMB”). Based on the latest
    Berdasarkan perubahan perjanjian kredit terakhir, CG               amendment, CG obtained Overdraft (OD), Multi Option Line
    memperoleh fasilitas Overdraft (OD), Multi Option Line             (MOL), Bank Guarantee (BG), Bankers Acceptance (BA),
    (MOL), Bank Guarantee (BG), Bankers Acceptance (BA),               Documentary Credit (DC), and Standby Documentary Credit
    Documentary Credit (DC), Standby Documentary Credit                (SBLC) facilities with maximum credit amount of
    (SBLC) dengan pagu kredit masing-masing sebesar                    MYR8,000,000,       MYR92,000,000,         MYR54,000,000,
    RM8.000.000, RM92.000.000, RM54.000.000, RM55.000.000,             MYR55,000,000, MYR54,000,000, and MYR92,000,000,
    RM54.000.000, dan RM92.000.000. Jumlah kredit keseluruhan          respectively. The total credit amount utilized shall not
    yang digunakan tidak dapat melebihi RM100.000.000, dan             exceed MYR100,000,000, and the combined credit of BG, BA,
    jumlah kredit gabungan BG, BA, DC dan SBLC yang dapat              DC and SBLC that can be utilized shall not exceed
    digunakan tidak dapat melebihi RM92.000.000.                       MYR92,000,000.

    Fasilitas-fasilitas di atas dijamin dengan agunan sebagai          The above facilities are secured by the following collaterals:
    berikut:

    -   Jaminan korporasi oleh Perusahaan;                             -   Corporate guarantee by the Company;
    -   Tanah dan bangunan yang dimiliki oleh CG yang berlokasi        -   Land and buildings owned by CG located in Penang
        di Penang senilai RM7.389.228.                                     amounting to MYR7,389,228.

    Berdasarkan perjanjian pinjaman dengan CIMB di atas, CG            Based on the above loan agreement with CIMB, CG is required
    disyaratkan untuk:                                                 to:

    -   Menjaga keberlangsungan Perjanjian Distributor dengan          -   Ensure the continuity of the Distributorship Agreement
        Apple Malaysia Sdn. Bhd.;                                          with Apple Malaysia Sdn. Bhd.;
    -   Membagikan dividen;                                            -   Declaring dividends;
    -   Mempertahankan gearing ratio agar tidak melebihi 2 (dua)       -   Maintain the gearing ratio of no more than 2 (two) times;
        kali; dan                                                          and
    -   Membatasi pinjaman ke entitas anak/direktur/pihak              -   Capped the loan to subsidiary/director/related company
        afiliasi agar tidak melebihi RM2.000.000.                          to not more than MYR2,000,000.

    Pada tanggal 31 Desember 2024, CG telah memenuhi semua             As of 31 December 2024, CG has complied with all covenants
    persyaratan sebagaimana diatur dalam perjanjian pinjaman           which were stated in the loan agreements above.
    tersebut di atas.

    Pada tanggal 31 Desember 2023, saldo terutang atas fasilitas       As of 31 December 2023, the outstanding balance of OD
    OD sebesar RM5.221.986 (setara dengan Rp17.418.456).               facilities amounted to MYR5,221,986 (equivalent to
                                                                       Rp17,418,456).
Page 462
                                                                                           These Consolidated Financial Statements are Originally
                                                                                                       Issued in Indonesian Language


                                                            Ekshibit E/87                                                                   Exhibit E/87


                PT ERAJAYA SWASEMBADA Tbk                                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                                       16. BANK LOANS (Continued)

    Malayan Banking Bhd.                                                               Malayan Banking Bhd.

    Pada tanggal 21 Juni 2018, Switch Concept Sdn. Bhd.                                As of 21 June 2018, Switch Concept Sdn. Bhd. (“Switch”),
    (“Switch”), entitas anak, menandatangani perjanjian                                a subsidiary, entered into a loan agreement with Malayan
    pinjaman dengan Malayan Banking Bhd. (“Maybank”), dimana                           Banking Bhd. (“Maybank”), whereby Switch obtained an
    Switch memperoleh fasilitas Overdraft (“OD”) dengan pagu                           Overdraft Facility (“OD”) with maximum credit amount of
    kredit sebesar RM1.000.000, dan fasilitas Letter of Credit,                        MYR1,000,000, and Letter of Credit, Trust Receipt, and
    Trust Receipt, dan Banker’s Acceptance (“BA”) dengan pagu                          Banker’s Acceptance (“BA”) facilities with combined
    kredit gabungan sebesar RM2.000.000.                                               maximum credit amount of MYR2,000,000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing         The above facilities are charged with the following interest:
    sebesar:
                                                       Tingkat Suku Bunga/
                                                           Interest Rate
    Overdraft                                                 BLR1) + 1% per tahun/per annum                                                   Overdraft
    Letter of Credit                                            0,1% per bulan/per mensem                                                Letter of Credit

    Trust Receipt                                           BLR1) + 1,50% per tahun/per annum                                             Trust Receipt
    Banker’s Acceptance                                        1,50% per tahun/per annum                                            Banker’s Acceptance
    1) BLR mengacu suku bunga dasar yang berlaku di Malaysia/BLR referred to as the prevailing base lending rate in Malaysia

    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi                       The above facilities are secured by corporate guarantee by
    oleh CG dan negative pledge atas aset-aset Switch.                                 CG and negative pledge over Switch’s assets.

    Berdasarkan perjanjian pinjaman dengan Maybank di atas,                            Based on the above loan agreement with Maybank, Switch is
    Switch disyaratkan untuk:                                                          required to:

    -   Membatasi pembayaran dividen maksimal sebesar 50%                              -   Capped the dividend payment at maximum 50% of profit
        dari laba setelah pajak tahun terkait; dan                                         after tax for each corresponding financial year; and
    -   Meningkatkan modal disetor menjadi sebesar RM500.000.                          -   Increase the paid-up capital to become MYR500,000.

    Pada tanggal 31 Desember 2024, Switch memiliki saldo                               As of 31 December 2024, the outstanding balance of OD
    terutang atas fasilitas OD sebesar RM861.730 (setara dengan                        facilities amounted to MYR861,730 (equivalent to
    Rp3.116.016).                                                                      Rp3,116,016).

    Pada tanggal 31 Desember 2023, Switch memiliki saldo                               As of 31 December 2023, the outstanding balance of OD and
    terutang atas fasilitas OD dan BA masing-masing sebesar                            BA facilities amounted to MYR793,562 (equivalent to
    RM793.562 (setara dengan Rp2.652.085) dan RM2.323.160                              Rp2,652,085) and MYR2,323,160 (equivalent to Rp7,764,000).
    (setara dengan Rp7.764.000).

    Pada tanggal 19 Oktober 2018, Urban Republic Sdn. Bhd.                             As of 19 October 2018, Urban Republic Sdn. Bhd. (“Urban”),
    (“Urban”), entitas anak, menandatangani perjanjian                                 a subsidiary, entered into a loan agreement with Malayan
    pinjaman dengan Malayan Banking Bhd. (“Maybank”), dimana                           Banking Bhd. (“Maybank”), whereby Urban obtained an
    Urban memperoleh fasilitas Overdraft (“OD”) dengan pagu                            Overdraft Facility (“OD”) with maximum credit amount of
    kredit sebesar RM1.000.000, dan fasilitas Banker’s Acceptance                      MYR1,000,000, and Banker’s Acceptance (“BA”), Letter of
    (“BA”), Letter of Credit, Trust Receipt, dan Bank Guarantee                        Credit, Trust Receipt, and Bank Guarantee facilities with
    dengan pagu kredit gabungan sebesar RM2.000.000.                                   combined maximum credit amount of MYR2,000,000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing         The above facilities are charged with the following interest:
    sebesar:
                                                       Tingkat Suku Bunga/
                                                           Interest Rate
    Banker’s Acceptance                                        1,50% per tahun/per annum                                            Banker’s Acceptance
    Overdraft                                                BLR1) + 1% per tahun/per annum                                                   Overdraft
    Letter of Credit                                           0,1% per bulan/per mensem                                                Letter of Credit
    Trust Receipt                                           BLR1) + 1,50% per tahun/per annum                                             Trust Receipt
    Banker’s Acceptance                                        1,50% per tahun/per annum                                            Banker’s Acceptance
    1) BLR mengacu suku bunga dasar yang berlaku di Malaysia/BLR referred to as the prevailing base lending rate in Malaysia
Page 463
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                   Ekshibit E/88                                                            Exhibit E/88


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                           16. BANK LOANS (Continued)

    Malayan Banking Bhd. (Lanjutan)                                     Malayan Banking Bhd. (Continued)

    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi        The above facilities are secured by corporate guarantee by
    oleh CG dan negative pledge atas aset-aset Urban.                   CG and negative pledge over Urban’s assets.

    Berdasarkan perjanjian pinjaman dengan Maybank di atas,             Based on the above loan agreement with Maybank, Urban is
    Urban disyaratkan untuk meningkatkan modal disetor menjadi          required to increase the paid-up capital to become
    sebesar RM500.000. Pada tanggal 31 Desember 2024, Urban             MYR500,000. As of 31 December 2024, Urban has complied
    telah memenuhi semua persyaratan sebagaimana diatur                 with all covenants which were stated in the loan agreements
    dalam perjanjian pinjaman tersebut di atas.                         above.

    Berdasarkan perubahan perjanjian pinjaman terakhir, fasilitas       Based on the latest amendment of the loan agreement, the
    pinjaman di atas berlaku sampai dengan 4 Juni 2025.                 above credit facilities are valid until 4 June 2025.

    Pada tanggal 31 Desember 2023, saldo terutang atas fasilitas        As of 31 December 2023, the outstanding balance of Urban’s
    OD dan BA Urban masing – masing sebesar RM634.759 (setara           OD and BA facility amounted to MYR634,759 (equivalent to
    dengan Rp2.121.365) dan RM125.009 (setara dengan                    Rp2,121,365) and MYR125,009 (equivalent to Rp417,779).
    Rp417.779).

    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi        The above facilities are secured by corporate guarantee by
    oleh Perusahaan. Pada tanggal 31 Desember 2024, CG telah            the Company. As of 31 December 2024, CG has complied with
    memenuhi semua persyaratan sebagaimana diatur dalam                 all covenants which were stated in the loan agreements
    perjanjian pinjaman tersebut di atas.                               above.

    Pada tanggal 27 Oktober 2020, CG Computers Sdn. Bhd.                On 27 October 2020, CG Computers Sdn. Bhd. (“CG”), a
    (“CG”), entitas anak, menandatangani perjanjian pinjaman            subsidiary, entered into a loan agreement with Malayan
    dengan Malayan Banking Bhd. (“Maybank”), Perjanjian                 Banking Bhd. (“Maybank”), The loan agreement has been
    pinjaman tersebut telah mengalami beberapa perubahan.               amended for several times, whereby on 13 July 2021, CG
    Pada tanggal 13 Juli 2021, CG memperoleh fasilitas Letter of        obtained a Letter of Credit (LC) with maximum credit
    Credit (LC) dengan pagu kredit sebesar RM48.000.000. Pada           amount of MYR48,000,000. On 13 July 2022, CG obtained a
    tanggal 13 Juli 2022, CG memperoleh penambahan fasilitas            additional Letter of Credit (LC) with maximum credit amount
    Letter of Credit (LC) dengan pagu kredit menjadi sebesar            become to MYR128,000,000. On 15 June 2023, CG obtained a
    RM128.000.000. Pada tanggal 15 Juni 2023, CG memperoleh             additional Letter of Credit (LC) with maximum credit amount
    penambahan fasilitas Letter of Credit (LC) dengan pagu kredit       become to MYR178,000,000.
    menjadi sebesar RM178.000.000.

    Fasilitas tersebut dikenakan bunga sebesar         0,1% per         The facilities are charged with 0.1% per month/per mensem
    bulan/per mensem (minimum RM75).                                    (minimum MYR75).

    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi        The above facilities are secured by corporate guarantee by
    oleh PT Erajaya Swasembada Tbk. Pada tanggal 31 Desember            PT Erajaya Swasembada Tbk. As of 31 December 2024, CG has
    2024, CG telah memenuhi semua persyaratan sebagaimana               complied with all covenants which were stated in the loan
    diatur dalam perjanjian pinjaman tersebut di atas.                  agreements above.

    Pada tanggal 31 Desember 2024, saldo terutang atas fasilitas        As of 31 December 2024, the outstanding balance of CG’s LC
    LC dan BA masing-masing sebesar RM5.443.028 (setara dengan          and BA facility amounted to MYR5,443,028 (equivalent to
    Rp19.681.990)    dan    RM40.302.378     (setara    dengan          Rp19,681,990)    and    MYR40,302,378    (equivalent    to
    Rp145.733.399).                                                     Rp145,733,399), respectively.

    Pada tanggal 31 Desember 2023, saldo terutang atas fasilitas        As of 31 December 2023, the outstanding balance of CG’s LC
    LC dan BA masing-masing sebesar RM5.427.083 (setara dengan          and BA facility amounted to MYR5,427,083 (equivalent to
    Rp18.137.310)    dan    RM47.632.742     (setara    dengan          Rp18,137,310)    and    MYR47,632,742    (equivalent    to
    Rp159.188.623).                                                     Rp159,188,623), respectively.
Page 464
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                    Ekshibit E/89                                                             Exhibit E/89


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                            16. BANK LOANS (Continued)

    DBS Bank Ltd.                                                        DBS Bank Ltd.

    Pada tanggal 24 Juni 2020, Era International Network Pte.            As of 24 June 2020, Era International Network Pte. Ltd
    Ltd. (“EINS”), entitas anak, menandatangani perjanjian               (“EINS”), a subsidiary, entered into a loan agreement with
    fasilitas bank dengan DBS Bank Ltd (“DBS”), Perjanjian               DBS Bank Ltd (“DBS”), The Loan agreement has been
    tersebut telah mengalami perubahan, pada tanggal 8 maret             amended for several times, whereby on 8 March 2023, EINS
    2023, EINS memperoleh fasilitas Trade dengan pagu kredit             obtained trade facilities with maximum credit amount of
    sebesar $AS3.000.000 dan fasilitas Long Term Letter dengan           US$3,000,000 and Long Term Letter of Guarantee facilities
    pagu kredit sebesar $AS309.000.                                      with maximum credit amount of US$309,000.

    Fasilitas tersebut dikenakan biaya tahunan sebesar $AS1.000          The facilities are charged with annual fee amounting
    dan bunga sebesar dana biaya yang berlaku ditambah 3% per            US$1,000 and interest amounting to prevailing cost of funds
    tahun.                                                               plus 3% per annum.

    Berdasarkan perjanjian pinjaman dengan DBS diatas, EINS              Based on the above loan agreement with DBS, EINS is required
    disyaratkan untuk:                                                   to:
    - Menjaga adjusted net worth tidak kurang dari                       - Ensure adjusted net worth not less than US$7,500,000
        $AS7.500.000
    - Pembiayaan dibawah fasilitas ini dibatasi untuk pembelian          -   Financing under this facilities shall be restricted to
        dari supplier yang disetujui DBS (Xiaomi HK Limited)                 purchase from supplier acceptable to DBS (Xiaomi HK
                                                                             Limited)
    -   Tidak ada transaksi pihak berelasi yang diizinkan untuk          -   No related party transaction are permitted for financing
        pembiayaan dibawah fasilitas ini.                                    under this facilities

    Pada tanggal 31 Desember 2024, EINS telah memenuhi semua             As of 31 December 2024, EINS has complied with all covenants
    persyaratan sebagaimana diatur dalam perjanjian pinjaman             which were stated in the loan agreements above.
    tersebut diatas.

    Pada tanggal 31 Desember 2024 dan 2023, saldo terutang atas          As of 31 December 2024 and 2023, the outstanding balance of
    trade facilities sebesar $AS424.481 (setara dengan                   trade facilities amounted to US$424,481 (equivalent to
    Rp6.860.460)     dan   $AS1.627.743      (setara    dengan           Rp6,860,460)     and    US$1,627,743      (equivalent    to
    Rp25.093.289).                                                       Rp25,093,289).

    Maybank Singapore Ltd.                                               Maybank Singapore Ltd.

    Pada tanggal 7 Februari 2022, Erajaya Digital Retail Pte. Ltd.       As of 7 February 2022, Erajaya Digital Retail Pte. Ltd.
    (“ERDIRET”), menandatangani perjanjian pinjaman dengan               (“ERDIRET”), entered into a loan agreement with Maybank
    Maybank Singapore Limited (“Maybank”). Berdasarkan                   Singapore Limited (“Maybank”). Based on the agreement,
    perjanjian kredit tersebut, ERDIRET memperoleh fasilitas             ERDIRET obtained Letter of Credit (LC), Trust Receipt (TR),
    Letter of Credit (LC), Trust Receipt (TR), Revolving Credit          Revolving Credit Facility (RCF), respectively, Standby
    Facility (RCF), Standby Documentary Credit (SBLC) dengan             Documentary Credit (SBLC) facilities with maximum credit
    pagu     kredit   masing-masing    sebesar     $Sin1.200.000,        amount of Sin$1,200,000, Sin$1,200,000, Sin$300,000, and
    $Sin1.200.000, $Sin300.000, dan $Sin2.000.000. Jumlah                Sin$2,000,000, respectively. The total credit amount utilized
    kredit keseluruhan yang digunakan tidak dapat melebihi               shall not exceed Sin$3,500,000.
    $Sin3.500.000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing            The above facilities are charged with the following interest:
    sebesar:

                                                           Tingkat Suku Bunga/
                                                              Interest Rate
    Letter of Credit                                   0,125% per bulan/per mensem                                       Letter of Credit
    Trust Receipt                                         1% per tahun/per annum                                            Trust Receipt
    Revolving Credit Facility                           1,50% per tahun/per annum                                Revolving Credit Facility
    Standby Letter of Credit                            0,50% per tahun/per annum                                Standby Letter of Credit

    Pada tanggal 31 Desember 2023, ERDIRET memiliki saldo                As of 31 Desember 2023, the outstanding balance of
    terutang atas fasilitas tersebut sebesar $Sin3.079.663 (setara       ERDIRET’s related facilities amounting to Sin$3,079,663
    dengan Rp36.069.013).                                                (equivalent to Rp36,069,013).
Page 465
                                                                          These Consolidated Financial Statements are Originally
                                                                                      Issued in Indonesian Language


                                                  Ekshibit E/90                                                            Exhibit E/90


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                          16. BANK LOANS (Continued)

    RHB Bank Bhd.                                                      RHB Bank Bhd.

    Pada tanggal 22 September 2023, CG Computers Sdn Bhd               As of 22 September 2023, CG Computers Sdn Bhd (CG),
    (CG), menandatangani perjanjian pinjaman dengan RHB Bank           entered into a loan agreement with RHB Bank Berhad
    Berhad (“RHB”). Berdasarkan perjanjian kredit tersebut, CG         (“RHB”). Based on the agreement, CG obtained Multi Trade
    memperoleh fasilitas Multi Trade Line (MTL), Banker                Line (MTL), Banker Acceptance (BA), Standby Letter of Credit
    Acceptance (BA), Standby Letter of Credit (SBLC) dan Bank          (SBLC) and Bank Guarantee (BG) facilities with maximum
    Guarantee (BG) dengan pagu kredit masing-masing sebesar            credit   amount      of    RM40,000,000,     RM40,000,000,
    RM40.000.000,     RM40.000.000,     RM40.000.000,      dan         RM40,000,000, and RM5,000,000, respectively. The total
    RM5.000.000. Jumlah kredit keseluruhan yang digunakan              credit amount utilized shall not exceed RM45,000,000.
    tidak dapat melebihi RM45.000.000

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing          The above facilities are charged with the following interest:
    sebesar:

                                                          Tingkat Suku Bunga/
                                                             Interest Rate
    Banker Acceptance                                  1,00% per tahun/per annum                                   Banker Acceptance
    Standby Letter of Credit                          0,10% per bulan/per mensem                              Standby Letter of Credit
    Bank Guarantee                                     1,50% per tahun/per annum                                      Bank Guarantee

    Pada tanggal 31 Desember 2024, saldo terutang CG atas              As of 31 December 2024, the outstanding balance of CG’s BA
    fasilitas BA sebesar RM38.220.268 (setara dengan                   facility amounting to MYR38,220,268 (equivalent to
    Rp138.204.489).                                                    Rp138,204,489).

    Citibank Berhad                                                    Citibank Berhad

    Pada tanggal 21 Agustus 2023, CG Computers Sdn Bhd (CG),           On 21 August 2023, CG Computers Sdn Bhd (CG), entered into
    menandatangani perjanjian pinjaman dengan Citibank Berhad          a loan agreement with Citibank Berhad (“Citibank”). Based
    (“Citibank”). Berdasarkan perjanjian kredit tersebut, CG           on the agreement, CG obtained Banker Acceptance (BA),
    memperoleh fasilitas Banker Acceptance (BA), Short Term            Short Term Advances to finance trade related transaction
    Advances to finance trade related transaction (TTL) dan Bank       (TTL) and Bank Guarantee (BG) facilities with maximum
    Guarantee (BG) dengan pagu kredit masing-masing sebesar            credit amount of RM80,000,000, respectively. The total
    RM80.000.000. Jumlah kredit keseluruhan yang digunakan             credit amount utilized shall not exceed RM80,000,000.
    tidak dapat melebihi RM80.000.000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing          The above facilities are charged with the following interest:
    sebesar:

                                                          Tingkat Suku Bunga/
                                                             Interest Rate
    Banker Acceptance                                  0,90% per tahun/per annum                                     Banker Acceptance
    Short term Advances                                0,90% per tahun/per annum                                   Short term Advances
    Bank Guarantee                                    0,10% per bulan/per mensem                                       Bank Guarantee

    Pada tanggal 31 Desember 2024, saldo terutang CG atas              As of December 31, 2024, the outstanding balance of CG’s BA
    fasilitas BA sebesar RM31.821.127 (setara dengan                   facility amounted to MYR31,821,127 (equivalent to
    Rp115.065.195).                                                    Rp115,065,195).
Page 466
                                                                                                          These Consolidated Financial Statements are Originally
                                                                                                                      Issued in Indonesian Language


                                                                     Ekshibit E/91                                                                         Exhibit E/91


                PT ERAJAYA SWASEMBADA Tbk                                                                     PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                            AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                         FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                              31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                     (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                                                    16. BANK LOANS (Continued)

    CIMB Bank Berhad (Singapore Branch)                                                              CIMB Bank Berhad (Singapore Branch)

    Pada tanggal 14 November 2023, Erajaya Digital Retail Pte.                                       As of 14 November 2023, Erajaya Digital Retail Pte. Ltd.
    Ltd. (ERDIRET), menandatangani perjanjian pinjaman dengan                                        (ERDIRET), entered into a loan agreement with CIMB Bank
    CIMB Bank Berhad Singapore Branch (“CIMB SG”). Berdasarkan                                       Berhad Singapore Branch (“CIMB SG”). Based on the
    perjanjian kredit tersebut, ERDIRET memperoleh fasilitas                                         agreement, ERDIRET obtained Multi Option Line (MOL),
    Multi Option Line (MOL), Letter of Credit (LC), Trust Receipt                                    Letter of Credit (LC), Trust Receipt (TR), Invoice Financing
    (TR), Invoice Financing (IF), Bank Guarantee (BG), Standby                                       (IF), Bank Guarantee (BG), Standby Letter of Credit (SBLC),
    Letter of Credit (SBLC), dan Revolving Credit Facility (RFC)                                     dan Revolving Credit Facility (RFC) facilities with maximum
    dengan pagu kredit masing-masing sebesar $Sin10.000.000                                          credit amount of Sin$10,000,000 respectively and for the RFC
    dan untuk fasilitas RFC sebesar $Sin1.000.000. Jumlah kredit                                     facility amounted of Sin$1,000,000. The total credit amount
    keseluruhan yang digunakan tidak dapat melebihi                                                  utilized shall not exceed Sin$11,000,000.
    $Sin11.000.000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing                                        The above facilities are charged with the following interest:
    sebesar:

                                                                                Tingkat Suku Bunga/
                                                                                   Interest Rate
    Trust Receipt                                                          2,00% per tahun/per annum                                                     Trust Receipt
    Invoice Financing                                                      2,00% per tahun/per annum                                                 Invoice Financing
    Bank Guarantee                                                        0,15% per bulan/per mensem                                                  Bank Guarantee
    Standby Letter of Credit                                              0,15% per bulan/per mensem                                          Standby Letter of Credit
    Letter of Credit                                                      0,10% per bulan/per mensem                                                  Letter of Credit
    Revolving Credit Facility                                              2,00% per tahun/per annum                                          Revolving Credit Facility

    Pada tanggal 31 Desember 2024, saldo terutang ERDIRET atas                                       As of 31 December 2024, the outstanding balance of
    fasilitas LC sebesar $Sin6.393.730 (setara dengan                                                ERDIRET’s LC facility amounted to Sin$6,393,730 (equivalent
    Rp76.206.871).                                                                                   to Rp76,206,871).

    Affin Bank Bhd.                                                                                  Affin Bank Bhd.

    Pada tanggal 15 Februari 2023, CG Computers Sdn Bhd (CG),                                        As of 15 February 2023, CG Computers Sdn Bhd (CG), entered
    menandatangani perjanjian pinjaman dengan Affin Bank                                             into a loan agreement with Affin Bank Berhad (“Affin Bank”).
    Berhad (“Affin Bank”). Berdasarkan perjanjian kredit                                             Based on the agreement, CG obtained Letter of Credit (LC),
    tersebut, CG memperoleh fasilitas Letter of Credit (LC), Trust                                   Trust Receipt (TR), Banker Acceptance (BA), Standby Letter
    Receipt (TR), Banker Acceptance (BA), Standby Letter of                                          of Credit (SBLC) and Bank Guarantee (BG) facilities with
    Credit (SBLC) dan Bank Guarantee (BG) dengan pagu kredit                                         maximum credit amount of RM50,000,000, respectively. The
    masing-masing sebesar RM50.000.000. Jumlah kredit                                                total credit amount utilized shall not exceed RM50,000,000.
    keseluruhan yang digunakan tidak dapat melebihi
    RM50.000.000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing                                        The above facilities are charged with the following interest:
    sebesar:

                                                                                Tingkat Suku Bunga/
                                                                                   Interest Rate
    Letter of Credit                                                     0,10% per bulan/per mensem                                                   Letter of Credit
    Trust Receipt                                                     BLR1) + 1,00% per tahun/per annum                                                 Trust Receipt
    Banker’s Acceptance                                                  1,00% per bulan/per mensem                                               Banker’s Acceptance
    Standby Letter of Credit                                             0,15% per bulan/per mensem                                           Standby Letter of Credit
    Bank Guarantee                                                      0,125% per bulan/per mensem                                                   Bank Guarantee

    1)   BLR mengacu suku bunga dasar yang berlaku di Malaysia/BLR referred to as the prevailing base lending rate in Malaysia
Page 467
                                                                                                      These Consolidated Financial Statements are Originally
                                                                                                                  Issued in Indonesian Language


                                                                  Ekshibit E/92                                                                           Exhibit E/92


                PT ERAJAYA SWASEMBADA Tbk                                                                 PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                        AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                              NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                     FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                          31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                 (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


16. UTANG BANK (Lanjutan)                                                                  16. BANK LOANS (Continued)

    Affin Bank Bhd. (Lanjutan)                                                                   Affin Bank Bhd. (Continued)

    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi                                 The above facilities are secured by corporate guarantee by
    oleh Perusahaan.                                                                             the company.

    Pada tanggal 16 Mei 2023, Affin Bank juga telah menyetujui                                   As of 16 May 2023, Affin Bank has also agreed to provide a
    untuk memberikan maksimal 50% dari limit fasilitas untuk                                     maximum of 50% of the facility limit for use by CG
    digunakan oleh anak perusahaan CG, yaitu Erafone Retails                                     subsidiaries, namely Erafone Retails Malaysia Sdn Bhd
    Malaysia Sdn Bhd (“ERM”), Switch, dan Urban.                                                 (“ERM”), Switch, and Urban.

    Pada tanggal 31 Desember 2024, saldo terutang CG dan ERM                                     As of 31 December 2024, the outstanding balance of CG’s and
    atas fasilitas BA masing-masing sebesar RM28.930.595 dan                                     ERM’s BA facility amounted to MYR28,930,595 and
    RM1.243.029      (setara  dengan     Rp104.613.030   dan                                     RM1,243,029 (equivalent to Rp104,613,030 and Rp4,494,795).
    Rp4.494.795).

    MBSB Bank Berhad                                                                             MBSB Bank Berhad

    Pada tanggal 3 September 2024, CG Computers Sdn Bhd (CG),                                    As of 3 September 2024, CG Computers Sdn Bhd (CG), entered
    menandatangani perjanjian pinjaman dengan MBSB Bank                                          into a loan agreement with MBSB Bank Berhad (“MBSB
    Berhad (“MBSB Bank”). Berdasarkan perjanjian kredit                                          Bank”). Based on the agreement, CG obtained Letter of
    tersebut, CG memperoleh fasilitas Letter of Credit (LC),                                     Credit (LC), Tawarruq Working Capital Financing (TWCF),
    Tawarruq Working Capital Financing (TWCF), Bank Guarantee                                    Bank Guarantee (BG) and Cashline (CL). The total credit
    (BG), dan Cashline (CL). Jumlah kredit keseluruhan yang                                      amount utilized shall not exceed RM52,000,000.
    digunakan tidak dapat melebihi RM52.000.000.

    Fasilitas-fasilitas di atas dikenakan bunga masing-masing                                    The above facilities are charged with the following interest:
    sebesar:

                                                                            Tingkat Suku Bunga/
                                                                               Interest Rate
    Letter of Credit                                                 0,10% per bulan/per mensem                                                      Letter of Credit
    Tawarruq Working Capital Financing                            COF1) + 1,25% per tahun/per annum                                Tawarruq Working Capital Financing
    Bank Guarantee                                                  0,125% per bulan/per mensem                                                      Bank Guarantee
    Cashline                                                      BFR2) + 1,00% per bulan/per mensem                                                         Cashline

    1)   COF adalah biaya pembiayaan bank yang dapat ditentukan oleh Bank/COF referred to as Bank’s cost of financing as may be determined by the bank.
    2)   BFR mengacu suku bunga dasar yang berlaku di Malaysia/BFR referred to as the prevailing base lending rate in Malaysia


    Fasilitas-fasilitas di atas dijamin dengan jaminan korporasi                                 The above facilities are secured by corporate guarantee by
    oleh Perusahaan.                                                                             the company.

    Pada tanggal 31 Desember 2024, saldo terutang CG atas                                        As of 31 December 2024, the outstanding balance of CG’s BA
    fasilitas BA sebesar RM49.730.441 (setara dengan                                             facility amounted to MYR49,730,441 (equivalent to
    Rp179.825.273).                                                                              Rp179,825,273).

    Beban bunga atas fasilitas-fasilitas kredit di atas untuk                                    Interest expenses of the above credit facilities for the period
    periode yang berakhir pada tanggal 31 Desember 2024 dan                                      ended 31 December 2024 and 2023 amounted to
    2023    masing-masing       sebesar  Rp510.347.262     dan                                   Rp510,347,262 and Rp509,016,347, respectively, are
    Rp509.016.347 dicatat sebagai bagian dari “Biaya Keuangan”                                   recorded as part of “Finance Costs” in the consolidated
    pada laporan laba rugi dan penghasilan komprehensif lain                                     statements of profit or loss and other comprehensive
    konsolidasian (Catatan 30).                                                                  income (Note 30).
Page 468
                                                                         These Consolidated Financial Statements are Originally
                                                                                     Issued in Indonesian Language


                                                 Ekshibit E/93                                                            Exhibit E/93


                PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


17. UTANG USAHA                                                   17. ACCOUNTS PAYABLE

    a. Utang usaha merupakan liabilitas kepada para pemasok           a. Trade payables represents liabilities to suppliers for
       atas pembelian persediaan. Pada tanggal 31 Desember               purchases of inventories. As of 31 December 2024 and
       2024 dan 2023, rincian utang usaha sebagai berikut:               2023, the details of trade payables are as follows:

                                                       2024               2023
       Pihak ketiga                                                                                                      Third parties
         Rupiah                                       1.848.625.169      1.769.196.153                                       Rupiah
         Dolar Amerika Serikat                        1.510.719.863      1.408.430.380                          United States Dollar
         Ringgit Malaysia                               355.453.299        416.033.733                            Malaysian Ringgit
         Yuan China                                      90.158.327         19.258.444                                Chinese Yuan
         Dolar Singapura                                 41.176.509         36.352.886                             Singapore Dollar
         Dollar Hongkong                                  1.714.937            163.306                              Hongkong Dollar
         Poundsterling                                          162                  -                                Poundsterling
       Total utang usaha - pihak ketiga               3.847.848.266      3.649.434.902           Total trade payables - third parties
       Pihak berelasi                                                                                                  Related parties
         Rupiah                                          22.032.276         21.940.018                                       Rupiah
       Total utang usaha                             3.869.880.542     3.671.374.920                            Total trade payables

       Rincian utang usaha kepada pihak-pihak          berelasi          The details of trade payables to related parties are
       diungkapkan lebih lanjut pada Catatan 33.                         disclosed further in Note 33.

    b. Rincian umur utang usaha - pihak ketiga adalah sebagai         b. The aging analysis of trade payables - third parties are as
       berikut:                                                          follows:

                                                       2024               2023
       Lancar                                         3.668.603.710      3.457.250.595                                        Current
       Telah jatuh tempo:                                                                                                    Overdue:
         1 - 30 hari                                    118.774.757        149.118.544                                   1 - 30 days
         31 - 60 hari                                     6.042.264          8.192.587                                  31 - 60 days
         61 - 90 hari                                     4.839.519          7.639.592                                  61 - 90 days
         Lebih dari 90 hari                              49.588.016         27.233.584                            More than 90 days
       Total                                         3.847.848.266     3.649.434.902                                              Total

    c. Rincian umur utang usaha - pihak berelasi adalah sebagai       c. The aging analysis of trade payables - related parties are
       berikut:                                                          as follows:

                                                       2024               2023
       Lancar                                            19.544.869         20.713.742                                        Current
       Telah jatuh tempo:                                                                                                    Overdue:
         1 - 30 hari                                      2.484.878          1.089.088                                   1 - 30 days
         31 - 60 hari                                             -             74.416                                  31 - 60 days
         61 - 90 hari                                         2.529                  -                                  61 - 90 days
         Lebih dari 90 hari                                       -             62.772                            More than 90 days
       Total                                            22.032.276         21.940.018                                             Total
Page 469
                                                                          These Consolidated Financial Statements are Originally
                                                                                      Issued in Indonesian Language


                                                Ekshibit E/94                                                              Exhibit E/94


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


17. UTANG USAHA (Lanjutan)                                         17. ACCOUNTS PAYABLE (Continued)

    d. Rincian utang lain-lain - pihak ketiga adalah sebagai           d. The details of other payables - third parties are as
       berikut:                                                           follows:

                                                      2024                 2023
       Pihak ketiga:                                                                                                    Third parties:
         Rupiah                                                                                                              Rupiah
           Dana promosi                              1.054.961.419          628.315.061                            Promotion fund
           Deposit Merchant                             44.510.253           42.097.386                           Merchant Deposit
           Lain-lain (masing-masing
             di bawah Rp1miliar)                       364.445.651          271.142.850           Others (below Rp1 billion each)
         Ringgit Malaysia                              129.352.486          444.852.822                          Malaysian Ringgit
         Dolar Singapura                                 8.281.390            8.034.029                           Singapore Dollar
         Poundsterling                                   1.815.638                    -                              Poundsterling
         Dolar Amerika Serikat                           1.028.809            7.677.664                        United State Dollar
         Yuan China                                         57.026                    -                              Chinese Yuan
         Dolar Hongkong                                      1.108                    -                          Hong Kong dollar
       Total utang lain-lain - pihak ketiga         1.604.453.780        1.402.119.812         Total other payables - third parties

       Pada tanggal 31 Desember 2024 dan 2023, utang lain-lain            As of 31 December 2024 and 2023, other payables -
       - dana promosi sebagian besar merupakan dana yang                  promotion fund mainly represent funds received by the
       diterima oleh Perusahaan dari pemasok yang akan                    Company from suppliers which will be distributed to the
       didistribusikan ke agen untuk tujuan promosi.                      dealers for promotion purposes.

       Rincian utang lain-lain kepada pihak-pihak berelasi                The details of other payables to related parties
       diungkapkan lebih lanjut pada Catatan 33.                          are disclosed further in Note 33.


18. BEBAN AKRUAL                                                   18. ACCRUED EXPENSES

                                                    2024                 2023
    Beban bunga                                       21.978.831           23.793.671                           Interest expenses
    Pembelian aset tetap                              15.761.270            3.211.740                           Purchase of asset
    Jasa tenaga ahli                                   9.967.087            6.267.166                            Professional fees
    Komisi penjualan                                   8.499.009            3.950.935                            Sales commission
    Program loyalitas pelanggan                        8.393.064            7.132.215                   Customer loyalty program
    Sewa                                               6.946.159            6.329.346                                       Rental
    Telekomunikasi, air dan listrik                    5.225.070            2.181.370     Telecommunication, water and electricity
    Biaya royalti                                      3.850.193                    -                                  Royalti fee
    Periklanan dan promosi                             2.760.255           11.819.625                  Advertising and promotion
    Beban angkut                                       1.425.773              637.801                                      Freight
    Lain-lain                                         25.124.080            6.864.808                                      Others
    Total                                           109.930.791           72.188.677                                               Total


19. UTANG PAJAK                                                    19. TAXES PAYABLE

                                                    2024                 2023
    Perusahaan                                                                                                             The Company
      Pajak penghasilan                                                                                                  Income taxes
        Pasal 4(2)                                        57.805               52.889                                   Article 4(2)
        Pasal 21                                         942.733            2.064.307                                      Article 21
        Pasal 23                                         283.302          114.123.845                                      Article 23
        Pasal 26                                          19.093                    -                                      Article 26
      Pajak Pertambahan Nilai                                  -           30.453.507                                Value-Added Tax
    Subtotal                                           1.302.933          146.694.548                                          Sub-total
Page 470
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                   Ekshibit E/95                                                               Exhibit E/95


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


19. UTANG PAJAK (Lanjutan)                                             19. TAXES PAYABLE (Continued)

                                                       2024                   2023

    Entitas anak                                                                                                             Subsidiaries
      Pajak penghasilan                                                                                                   Income taxes
        Pasal 4(2)                                        9.117.180             7.369.071                                Article 4(2)
        Pasal 21                                          2.339.239             5.934.918                                   Article 21
        Pasal 23                                          5.142.479             9.476.575                                   Article 23
        Pasal 25                                          3.659.649            11.854.877                                   Article 25
        Pasal 26                                            163.414               124.418                                   Article 26
        Pasal 29                                         29.095.720             9.354.018                                   Article 29
        Utang pajak penghasilan luar negeri              36.507.258             2.003.053                Overseas income tax payable
      Goods and service tax                                  31.850            17.626.200                        Goods and service tax
      Pajak Pertambahan Nilai                            12.569.779            24.806.800                             Value-Added Tax
      PB1                                                 1.959.265             1.957.672                                           PB1
    Subtotal                                            100.585.833            90.507.602                                          Sub-total
    Total                                              101.888.767           237.202.150                                               Total


20. LIABILITAS IMBALAN KERJA                                           20. EMPLOYEE BENEFITS LIABILITIES

                                                       2024                   2023
    Liabilitas imbalan kerja jangka pendek -                                                     Short-term employee benefits liability –
      gaji dan imbalan lainnya                           91.946.319            58.935.090                   salaries and other benefits
    Liabilitas imbalan kerja jangka panjang             355.758.189           247.925.825        Long-term employee benefits liabilities
    Total                                              447.704.508           306.860.915                                               Total

    Liabilitas imbalan kerja jangka pendek - gaji dan imbalan              Short-term employee benefits liabilities - salaries and other
    lainnya merupakan kewajiban sehubungan dengan gaji                     benefits is liabilities related to employees salaries and
    karyawan dan jamsostek.                                                jamsostek.

    Pada tanggal 31 Desember 2024 dan 2023, liabilitas imbalan             As of 31 December 2024 and 2023, the employee benefits
    kerja tersebut ditentukan berdasarkan perhitungan aktuaria             liabilities were determined through actuarial valuations
    yang dilakukan oleh Kantor Konsultan Aktuaria Hery Al Hariry,          performed by Kantor Konsultan Aktuaria Hery Al Hariry, an
    aktuaris     independen,     dalam      laporannya      dari           independent actuary, based on its reports from
    No. 1054/HAH/II/25 sampai dengan 1091/HAH/II/25                        No. 1054/HAH/II/25 until 1091/HAH/II/25 dated 20 January
    tertanggal 20 Januari 2025 untuk 31 Desember 2024 dan                  2025 for 31 December 2024 and No. 621/HAH/III/24 until
    No. 621/HAH/III/24 sampai dengan 655/HAH/III/24 tertanggal             655/HAH/III/24 dated 27 February 2024 for 31 December
    27 Februari 2024 untuk 31 Desember 2023.                               2023.

    Liabilitas imbalan kerja tersebut dihitung dengan                      The employee benefits liabilities are calculated using the
    menggunakan metode “Projected Unit Credit” dan asumsi -                “Projected Unit Credit” method and are based on the
    asumsi sebagai berikut:                                                following assumptions:

                                                       2024                   2023
    Tingkat bunga (per tahun)                          6,70% - 7,14%       6,25% - 7,10%                        Discount rate (per annum)
    Tingkat kenaikan gaji (per tahun)                          8,00%           8,00%                     Salary increase rate (per annum)
    Usia pensiun                                      55 tahun/year        55 tahun/year                                   Retirement age
    Tingkat kematian                                          TMI IV           TMI IV                                       Mortality rate
Page 471
                                                                                   These Consolidated Financial Statements are Originally
                                                                                               Issued in Indonesian Language


                                                        Ekshibit E/96                                                               Exhibit E/96


                 PT ERAJAYA SWASEMBADA Tbk                                                 PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                        AND ITS SUBSIDIARIES
      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                              NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 UNTUK TAHUN YANG BERAKHIR                                                     FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                          31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


20. LIABILITAS IMBALAN KERJA (Lanjutan)                                    20. EMPLOYEE BENEFITS LIABILITIES (Continued)

     Beban imbalan kerja yang diakui dalam laporan laba rugi dan                The related expenses recognized in the consolidated
     penghasilan komprehensif lain konsolidasian adalah sebagai                 statement of profit or loss and other comprehensive income
     berikut:                                                                   are as follows:

                                                           2024                   2023
    Biaya jasa kini                                          46.774.989             30.128.999                              Current service cost
    Beban bunga                                              16.664.955             13.912.789                                     Interest cost
    Biaya jasa lalu                                          49.329.868                383.097                                 Past service cost
    Kurtailmen                                      (         2.710.483)                     -                                      Curtailment
    Transfer out                                                190.753 (               74.068)                                    Transfer out
    Total                                                  110.250.082             44.350.817                                               Total

     Perubahan nilai kini kewajiban imbalan pasti adalah sebagai                The changes in the present value of defined benefit
     berikut:                                                                   obligation are as follows:

                                                           2024                   2023

    Nilai kini kewajiban imbalan pasti                                                                         Present value of defined benefit
      pada awal tahun                                       247.925.825            192.140.270            obligation at beginning of the year
    Nilai kini kewajiban imbalan pasti                                                                         Present value of defined benefit
      entitas anak pada tanggal akuisisi                       4.635.822                       -              subsidiaries at acquisition date
    Nilai kini kewajiban imbalan pasti                                                                         Present value of defined benefit
      entitas anak pada tanggal pelepasan           (          3.727.707)                      -                  subsidiaries at disposal date
    Beban imbalan kerja yang diakui                                                                                 Employee benefits expenses
      pada laba rugi:                                                                                              recognized in profit or loss:
      - Beban jasa kini                                      46.774.989             30.128.999                          Current service cost -
      - Beban bunga                                          16.664.955             13.912.789                                  Interest cost -
      - Beban jasa lalu                                      49.329.868                383.097                               Past service cost -
      - Kurtailmen                                  (         2.710.483)                     -                                    Curtailment -
      - Transfer in (out)                                       190.753 (               74.068)                             Transfer in (out) -
    Pengukuran kembali liabilitas imbalan                                                                        Remeasurement of net defined
      pasti neto yang diakui pada                                                                               benefit liability recognized in
      penghasilan komprehensif lain:                                                                            other comprehensive income:
      - Keuntungan aktuarial yang timbul                                                                                Actuarial gain due to -
          dari perubahan asumsi keuangan            (          9.838.837)            9.971.230            changes in financial assumptions
      - Keuntungan aktuarial yang timbul                                                                               Actuarial gains due to -
          dari penyesuaian atas pengalaman                     8.295.182             4.069.101                        experience adjustment
    Pembayaran manfaat                              (          1.782.178) (          2.605.593)                                     Benefits paid
    Nilai kini kewajiban imbalan pasti                                                                       Present value of defined benefit
      pada akhir tahun                                    355.758.189             247.925.825                        obligation end of year

     Pada tanggal 31 Desember 2024 dan 2023, nilai liabilitas                   As of 31 December 2024 and 2023, the employee benefit
     imbalan kerja sama dengan nilai kini kewajiban imbalan pasti.              liabilities are equal to its present value of defined benefit
                                                                                obligation.

     Analisa sensitivitas kuantitatif atas asumsi aktuarial signifikan          A quantitative sensitivity analysis for significant actuarial
     yang menunjukkan pengaruhnya terhadap nilai kewajiban                      assumptions showing its impact to the defined benefit
     imbalan pasti pada tanggal 31 Desember 2024 adalah sebagai                 obligation as of 31 December 2024 are as follows:
     berikut:

                                                                         2024
                                                        Kenaikan 1%/        Penurunan 1%/
                                                         1% Increase          1% Decrease
    Tingkat diskonto                                (        28.220.786)             32.170.260                                   Discount rate
    Tingkat kenaikan gaji masa depan                         31.553.599 (            28.226.167)                    Future salary increase rate
Page 472
                                                                                              These Consolidated Financial Statements are Originally
                                                                                                          Issued in Indonesian Language


                                                             Ekshibit E/97                                                                        Exhibit E/97


                 PT ERAJAYA SWASEMBADA Tbk                                                       PT ERAJAYA SWASEMBADA Tbk
                    DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 UNTUK TAHUN YANG BERAKHIR                                                           FOR THE YEAR ENDED
                      31 DESEMBER 2024                                                                31 DECEMBER 2024
   (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                       (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


20. LIABILITAS IMBALAN KERJA (Lanjutan)                                          20. EMPLOYEE BENEFITS LIABILITIES (Continued)

     Perkiraan profil jatuh tempo kewajiban imbalan pasti pada                           The estimated maturity profile of the defined benefit plan
     tanggal 31 Desember 2024 adalah sebagai berikut:                                    as of 31 December 2024 is as follow:

                                                                               2024
    Dalam waktu 12 bulan ke depan                                             16.582.080                                          Within the next 12 months
    Antara 1 sampai 2 tahun                                                   15.309.847                                               Between 1 to 2 years
    Antara 2 sampai 5 tahun                                                   86.730.167                                               Between 2 to 5 years
    Di atas 5 tahun                                                         6.159.412.939                                                    Beyond 5 years
     Rata-rata tertimbang durasi dari kewajiban imbalan pasti                            The weighted average duration of defined benefit obligation
     pada tanggal 31 Desember 2024 berkisar antara 5,58 sampai                           as of 31 December 2024 are ranging between 5.58 until 14.42
     dengan 14,42 tahun.                                                                 years.

21. UTANG OBLIGASI                                                               21. BONDS PAYABLE

                                                                                2024
                                                          Efek Translasi
                                                          & Beban Emisi
                                                            Utang yang
                                                              belum
                                                           Diamortisasi/
                                                             Effect on
                                                          Translation &                             Jangka          Jangka
                                      Pokok Obligasi/      Unamortized          Total/             Pendek/         Panjang/
                                      Bonds Principal     Issuance Costs        Total              Current        Non-current

    Notes Erajaya Digital Pte. Ltd.       585.581.750 (       12.263.775)       573.317.975                  -      573.317.975     Notes Erajaya Digital Pte. Ltd

                                                                                2023
                                                          Efek Translasi
                                                          & Beban Emisi
                                                            Utang yang
                                                              belum
                                                           Diamortisasi/
                                                             Effect on
                                                          Translation &                             Jangka          Jangka
                                      Pokok Obligasi/      Unamortized          Total/             Pendek/         Panjang/
                                      Bonds Principal     Issuance Costs        Total              Current        Non-current

    Notes Erajaya Digital Pte. Ltd.       585.581.750 (       30.999.857)       554.581.893                  -      554.581.893     Notes Erajaya Digital Pte. Ltd

     Pada tanggal 24 Agustus 2023, ERDI, entitas anak,                                   On 24 August 2023, ERDI, a subsidiary, issued Unsecured
     menerbitkan Obligasi senior tanpa jaminan yang ditanggung                           Senior Notes underwritten by the Credit Guarantee and
     oleh Credit Guarantee and Investment Facility (CGIF) sebesar                        Investment Facility (CGIF) amounting to Sin$50,000,000, with
     $Sin50.000.000, dengan Bank of New York Mellon (BNYM)                               Bank of New York Mellon (BNYM) Singapore branch in its
     cabang singapura dalam kapasitasnya sebagai wali amanat                             capacity as trustee which regulated in the Indenture. The
     yang diatur dalam Indenture. Obligasi akan jatuh tempo pada                         Senior Notes will mature on 24 August 2026, unless earlier
     tanggal 24 Agustus 2026, kecuali dilunasi lebih cepat, dan                          redeemed, and bear interest of 4.50% per annum. Interest is
     dikenakan bunga 4,50% per tahun. Bunga dibayarkan setiap                            payable semi-annually on 24 February and 24 August each
     enam bulan pada tanggal 24 Februari dan 24 Agustus setiap                           year, commencing on 24 February 2024.
     tahunnya, dimulai pada tanggal 24 Februari 2024.

     Pada tanggal 24 Agustus 2023, Perusahaan, ERDI (penerbit),                          On 24 August 2023, the Company, ERDI (issuer), EH, ESS, EINS,
     EH, ESS, EINS, EINM, dan VMN, para pihak yang memiliki                              EINM, and VMN, the parties to the bond “the Obligors” and
     kewajiban obligasi “the Obligors” dan CGIF, lembaga dana                            CGIF, the trust fund institution of the Asian Development
     perwalian dari Asian Development Bank menandatangani                                Bank signed a reimbursement and indemnity agreement
     perjanjian biaya dan ganti rugi sehubungan dengan                                   relation with the bond issuance of Sin$50,000,000 at a
     penerbitan obligasi sebesar $Sin50.000.000 dengan tarif biaya                       underwriting fee rate of 1.25% per annum for a 3-year tenor.
     penanggungan sebesar 1,25% pertahun untuk tenor 3 tahun.

     Penerimaan neto yang diperoleh dari Notes digunakan oleh                            The net proceeds of the Notes were used by the Issuer solely
     penerbit hanya untuk kegiatan bisnis yang relevan.                                  for the relevant business.

     Notes mendapatkan peringkat AA dari S&P Global, Inc.,                               The Notes were rated AA by S&P Global, Inc. based on the
     berdasarkan rating yang dibuat pada tanggal 24 Agustus 2023.                        rating issued on 24 August 2023.
Page 473
                                                                                    These Consolidated Financial Statements are Originally
                                                                                                Issued in Indonesian Language


                                                   Ekshibit E/98                                                                       Exhibit E/98


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


21. UTANG OBLIGASI (Lanjutan)                                          21. BONDS PAYABLE (Continued)

    Sehubungan dengan Notes tersebut, Penerbit dan para pihak                   In relation to the Notes, the Issuer and the obligors are
    yang memiliki kewajiban obligasi dibatasi untuk melakukan                   restricted to perform certain actions as stipulated in the
    hal-hal tertentu sebagaimana yang ditetapkan dalam                          Indenture.
    Indenture.

    Penerbit dan para pihak yang memiliki kewajiban obligasi juga               The Issuer and the obligors shall maintain financial ratios
    diharuskan memenuhi rasio keuangan yang diuji setiap                        which will be assessed semester as follows:
    semester sebagai berikut:
    - Current Ratio atas dasar laporan keuangan konsolidasian                   -   Current Ratio from consolidated financial statement of
       Grup tidak kurang dari 1,00:1,00.                                            the Group at the minimum 1.00:1.00.
    - Debt Service Coverage Ratio atas dasar laporan keuangan                   -   Debt Service Coverage Ratio from consolidated financial
       konsolidasian Perusahaan tidak kurang dari 1,50:1,00.                        statement of the Group at the minimum 1.50:1.00.
    - Gearing Ratio atas dasar laporan keuangan konsolidasian                   -   Gearing Ratio from consolidated financial statement of
       Grup tidak lebih dari 2,00:1,00.                                             the Group at the maximum 2.00:1.00.
    - Consolidated Gross Debt to EBITDA ratio atas dasar                        -   Consolidated Gross Debt to EBITDA ratio from
       laporan keuangan konsolidasian Grup tidak lebih dari                         consolidated financial statement of the Group at the
       3,50:1,00.                                                                   maximum 3.50:1.00.
    - Interest Coverage Ratio: 1.50:1.00.                                       -   Interest Coverage Ratio: 1.50:1.00.
    - Security Coverage Ratio: tidak kurang dari 125% jumlah                    -   Security Coverage ratio: minimum 125% of aggregate
       keseluruhan obligasi yang beredar.                                           outstanding amount of the bond.

    Pada tanggal 31 Desember 2024, Penerbit dan para pihak yang                 As of 31 December 2024, the Issuer and the obligors have
    memiliki kewajiban obligasi telah memenuhi semua                            complied with all covenants stated in the agreements above.
    persyaratan yang diatur dalam perjanjian di atas.


22. MODAL SAHAM                                                        22. SHARE CAPITAL

    Rincian kepemilikan saham Perusahaan pada tanggal                           The details of the Company’s share ownership as of
    31 Desember 2024 dan 2023 berdasarkan laporan dari PT Raya                  31 December 2024 and 2023 based on the report from PT Raya
    Saham Registra selaku Biro Administrasi Efek adalah sebagai                 Saham Registra, the Shares Administration Agency, are as
    berikut:                                                                    follows:

                                              Total Saham
                                              ditempatkan
                                           dan disetor penuh/        Persentase
                                           Number of shares         kepemilikan/
                                               issued and           Percentage of           Jumlah/
    Pemegang saham                              fully paid            ownership             Amount                                      Shareholders
    PT Eralink International                     8.694.980.200          54,51                869.498.020                      PT Eralink International
    Sintawati Halim (Direktur)                       7.500.000          0,05                     750.000                   Sintawati Halim (Director)
    Ardy Hady Wijaya                                                                                                                Ardy Hady Wijaya
      (Presiden Komisaris)                           6.269.800          0,04                     626.980                 (President Commissioner)
    Richard Halim Kusuma (Komisaris)                 6.250.000          0,04                     625.000      Richard Halim Kusuma (Commissioner)
    Andreas Harun Djumadi                                                                                                     Andreas Harun Djumadi
      (Komisaris)                                    6.250.000          0,04                     625.000                            (Commissioner)
    Budiarto Halim (Presiden Direktur)               6.250.000          0,04                     625.000         Budiarto Halim (President Director)
    Hasan Aula                                                                                                                              Hasan Aula
      (Wakil Presiden Direktur)                      6.250.000          0,04                     625.000                  (Vice President Director)
    Sim Chee Ping (Direktur)                         6.250.000          0,04                     625.000                     Sim Chee Ping (Director)
    Elly (Direktur)                                  1.471.600          0,01                     147.160                                Elly (Director)
    Djohan Sutanto (Direktur)                          800.000          0,01                      80.000                    Djohan Sutanto (Director)
    Keith Ardy Hady Wijaya (Direktur)                  125.000          0,01                      12.500          Keith Ardy Hady Wijaya (Director)
    Publik (masing-masing kepemilikan
      kurang dari 5%)                            7.041.088.300          44,13                704.108.830           Public (each below 5% ownership)
    Total saham beredar                         15.783.484.900          98,96              1.578.348.490                    Total outstanding shares
    Saham treasuri                                 166.515.100          1,04                  16.651.510                               Treasury stock
    Total saham diterbitkan                    15.950.000.000           100               1.595.000.000                          Total shares issued

    Sampai dengan 31 Desember 2024, Perusahaan telah melakukan                  Until 31 December 2024, the Company repurchased its shares for
    pembelian saham sebanyak 166.515.100 saham dengan harga                     166,515,100 shares at a total cost of Rp63,804,128.
    perolehan sebesar Rp63.804.128.
Page 474
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                    Ekshibit E/99                                                               Exhibit E/99


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


23. TAMBAHAN MODAL DISETOR – NETO                                     23. ADDITIONAL PAID-IN CAPITAL - NET

                                                       2024                   2023
    Agio saham                                                                                                             Share premium
    Selisih lebih setoran modal atas                                                                              Excess of paid-in capital
      nilai nominal                                     620.660.000            620.660.000                                over par value
    Biaya sehubungan penawaran umum                                                                            Costs related to the initial
      perdana saham                             (        42.097.077 ) (         42.097.077 )                             public offering
    Selisih nilai transaksi dengan entitas                                                      Difference in value from transaction with
      sepengendali                                       13.144.127             13.144.127               entities under common control
    Pengampunan pajak                                     6.672.102              6.672.102                                    Tax amnesty
    Total                                              598.379.152            598.379.152                                               Total

    Selisih nilai transaksi dengan entitas sepengendali merupakan         Difference in value of transaction with entities under
    selisih antara jumlah imbalan yang dialihkan dan nilai buku           common control represents the difference between the
    aset neto yang diperoleh dari transaksi restrukturisasi yang          consideration paid and book value of net assets acquired
    melibatkan beberapa entitas anak, yang terjadi antara tahun           from restructuring transactions of several subsidiaries, which
    2010 sampai dengan 2012 dan antara tahun 2021 sampai                  occurred between 2010 to 2012 and between 2021 to 2023.
    dengan 2023.

    PT Erafone Artha Retailindo, PT Multi Media Selular, PT Data          PT Erafone Artha Retailindo, PT Multi Media Selular, PT Data
    Citra Mandiri, PT Erafone Dotcom, PT Prakarsa Prima Sentosa,          Citra Mandiri, PT Erafone Dotcom, PT Prakarsa Prima
    PT Data Media Telekomunikasi, PT Era Sukses Abadi, PT Azec            Sentosa, PT Data Media Telekomunikasi, PT Era Sukses Abadi,
    Indonesia Management Services, dan PT Nusa Gemilang Abadi,            PT Azec Indonesia Management Services, and PT Nusa
    entitas anak, mengikuti program pengampunan pajak dengan              Gemilang Abadi, subsidiaries, participate in tax amnesty
    melaporkan aset berupa logam mulia dan aset tetap dengan              program by reporting assets in the form of gold bullions and
    jumlah sebesar Rp6.760.392. Entitas anak telah menerima               fixed assets with amount of Rp6,760,392. The subsidiaries
    Surat Keterangan dari Direktorat Jenderal Pajak pada                  has received Statement Letter from Directorate of General
    berbagai tanggal pada tahun 2016.                                     Taxes on various dates in 2016.


24. DIVIDEN DAN CADANGAN UMUM                                         24. DIVIDENDS AND GENERAL RESERVES

    Berdasarkan Pernyataan Keputusan Rapat Umum Pemegang                  Based on the Statement of Shareholders’ Annual General
    Saham Tahunan yang diaktakan dengan Akta Notaris R. M.                Meeting Decision which was notarized by Notarial Deed
    Dendy Soebangil, S.H., M.Kn., No. 07 tertanggal 19 Juni 2024,         No. 07 of R. M. Dendy Soebangil, S.H., M.Kn., dated on
    para pemegang saham Perusahaan menyetujui penetapan                   19 June 2024, the Company’s shareholders approved the
    penggunaan laba tahun buku 2023 sebagai berikut:                      appropriation of 2023 profit as follows:

    -   Sebesar Rp268.319.243 atau sebesar Rp17 (angka penuh)             -    Rp268,319,243 or Rp17 (full amount) per share will be
        per saham akan dibagikan sebagai dividen kepada                        distributed as dividend to shareholders; and
        pemegang saham; dan
    -   Sebesar Rp1.000.000 akan dibukukan sebagai cadangan               -    Rp1,000,000 will be recorded as general reserves.
        umum.

    Berdasarkan Pernyataan Keputusan Rapat Umum Pemegang                  Based on the Statement of Shareholders’ Annual General
    Saham Tahunan yang diaktakan dengan Akta Notaris R. M.                Meeting Decision which was notarized by Notarial Deed
    Dendy Soebangil, S.H., M.Kn., No. 22 tertanggal 30 Juni 2023,         No. 22 of R. M. Dendy Soebangil, S.H., M.Kn., dated on
    para pemegang saham Perusahaan menyetujui penetapan                   30 June 2023, the Company’s shareholders approved the
    penggunaan laba tahun buku 2022 sebagai berikut:                      appropriation of 2022 profit as follows:

    -   Sebesar Rp299.886.213 atau sebesar Rp19 (angka penuh)             -    Rp299,886,213 or Rp19 (full amount) per share will be
        per saham akan dibagikan sebagai dividen kepada                        distributed as dividend to shareholders; and
        pemegang saham; dan
    -   Sebesar Rp1.000.000 akan dibukukan sebagai cadangan               -    Rp1,000,000 will be recorded as general reserves.
        umum.
Page 475
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                    Ekshibit E/100                                                            Exhibit E/100


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


25. PENJUALAN NETO                                                     25. NET SALES

                                                         2024                2023
    Telepon selular dan tablet                        52.431.058.949       47.913.750.778                    Cellular phones and tablet
    Komputer dan peralatan elektronik lainnya          2.638.259.625        2.370.824.274         Computer and other electronic devices
    Produk operator                                    1.672.257.304        2.911.414.826                             Operator product
    Aksesoris dan lain-lain                            8.538.108.789        6.943.415.797                        Accessories and others
    Total                                            65.279.684.667       60.139.405.675                                               Total

    Rincian penjualan kepada pihak-pihak berelasi diungkapkan              The details of sales to related parties are disclosed further
    lebih lanjut pada Catatan 33.                                          in Note 33.

    Tidak ada penjualan kepada pelanggan dengan total                      There is no sales to customers with annual cumulative
    penjualan kumulatif individual yang melebihi 10% dari                  individual amounts of sales exceeding 10% of consolidated
    penjualan neto konsolidasian.                                          net sales.


26. BEBAN POKOK PENJUALAN                                              26. COST OF GOODS SOLD

                                                         2024                2023
    Saldo awal persediaan                              8.358.779.186        6.291.845.440                Beginning balance of inventories
    Pembelian neto                                    57.071.151.006       55.758.570.251                                  Net purchases
    Persediaan yang tersedia untuk dijual             65.429.930.192       62.050.415.691                    Inventories available for sale
    Saldo akhir persediaan                      (      7.425.974.013) (     8.358.779.186)                   Ending balance of inventories
    Total                                            58.003.956.179       53.691.636.505                                               Total

    Rincian pemasok dengan total pembelian kumulatif individual            The details of suppliers from which annual cumulative
    tahunan yang melebihi 10% dari penjualan neto konsolidasian            individual amounts of purchases exceeding 10% of
    adalah sebagai berikut:                                                consolidated net sales are as follows:

                                                         2024                2023
    Apple South Asia Pte. Ltd., Singapura             23.641.347.303       24.644.140.057           Apple South Asia Pte. Ltd., Singapore
    PT Samsung Electronics Indonesia                  10.085.390.625        9.510.269.602               PT Samsung Electronics Indonesia
    Total                                            33.726.737.928       34.154.409.659                                               Total

                                                       Persentase dari Penjualan Neto
                                                               Konsolidasian/
                                                    Percentage to Consolidated Net Sales
                                                         2024                2023
    Apple South Asia Pte. Ltd., Singapura                     36,22%               40,98%           Apple South Asia Pte. Ltd., Singapore
    PT Samsung Electronics Indonesia                          15,45%               15,81%               PT Samsung Electronics Indonesia
    Total                                                     51,67%               56,79%                                              Total

    Grup memperoleh berbagai macam potongan pembelian                      The Group obtained various type of purchase discounts
    dimana potongan pembelian tersebut ditentukan oleh                     determined by the suppliers.
    pemasok.
Page 476
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                   Ekshibit E/101                                                             Exhibit E/101


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


27. BEBAN PENJUALAN DAN DISTRIBUSI                                    27. SELLING AND DISTRIBUTION EXPENSES

                                                        2024                 2023
    Gaji                                                931.022.223           788.754.832                                         Salaries
    Depresiasi - aset hak-guna                                                                          Depreciation - right-of-use assets
      (Catatan 15)                                      622.881.625           544.117.157                                      (Note 15)
    Program penjualan melalui kartu kredit              519.637.012           479.351.154              Sales program through credit card
    Periklanan dan promosi                              378.377.672           378.699.848                      Advertising and promotion
    Sewa dan service charge                             212.854.431           186.652.173                      Rental and service charges
    Distribusi                                          147.933.024           131.323.360                                     Distribution
    Komisi penjualan                                    134.584.076           126.671.141                                Sales commission
    Lain-lain (masing-masing
      di bawah Rp10 miliar)                              48.581.129           34.168.014                 Others (below Rp10 billion each)
    Total                                            2.995.871.192        2.669.737.679                                                Total


28. BEBAN UMUM DAN ADMINISTRASI                                       28. GENERAL AND ADMINISTRATIVE EXPENSES

                                                        2024                 2023
    Gaji dan imbalan kerja                            1.380.339.870         1.223.161.902              Salaries and employee benefits
    Penyusutan (Catatan 13)                             457.065.582           316.320.827                       Depreciation (Note 13)
    Telekomunikasi, air dan listrik                     153.573.648           134.974.400   Telecommunication, water and electricity
    Jasa tenaga ahli                                    128.541.882            86.867.376                              Professional fee
    Penyisihan (pembalikan) penurunan nilai                                                      Provision (reversal) of impairment of
      piutang - neto (Catatan 5)                         81.813.141 (          28.907.652 )                receivables - net (Note 5)
    Amortisasi aset takberwujud (Catatan 14)             56.742.243            50.151.263 Amortization of intangible assets (Note 14)
    Perbaikan dan pemeliharaan                           53.292.422            46.767.953                     Repairs and maintenance
    Peralatan kantor, cetakan dan fotokopi               51.026.612            62.398.455    Office supplies, printing, and photocopy
    Transportasi                                         37.435.296            32.157.770                                Transportation
    Sewa dan service charge                              36.670.743            13.457.924                    Rental and service charge
    Beban pajak                                          35.064.938            25.131.936                                  Tax expenses
    Penghapusan piutang                                  16.652.472             2.269.264                         Receivable write-off
    Asuransi                                             15.637.817            10.627.397                                      Insurance
    Perijinan                                            13.557.248            15.915.764                                       Licences
                                                                                                     Depreciation - right-of-use assets
    Depresiasi - aset hak-guna (Catatan 15)               7.527.899             5.564.441                                    (Note 15)
    Penyisihan keusangan                                                                                    Provision for obsolescence
      dan penurunan nilai persediaan                                                              and decline in value of inventories
      - neto (Catatan 7)                       (         15.363.168)           84.999.980                               - net (Note 7)
    Lain-lain (masing-masing di bawah
      Rp10 miliar)                                       64.233.128            71.276.109                Others (below Rp10 billion each)
    Total                                            2.573.811.773        2.153.135.109                                                Total
Page 477
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                     Ekshibit E/102                                                            Exhibit E/102


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


29. PENDAPATAN LAINNYA                                                  29. OTHER INCOME

                                                          2024                2023
    Dukungan promosi                                      216.182.694          146.353.959                             Promotion support
    Pendapatan sewa                                        56.628.804           34.365.762                                  Rental income
    Pendapatan komisi                                      47.421.082           25.141.213                           Commissions income
    Keuntungan selisih kurs - neto                         19.545.741           15.118.703                    Gain on exchange rate - net
    Selisih akuisisi entitas anak                           8.578.581                    -        Difference on acquisition of subsidiaries
    Keuntungan penjualan aset tetap                                                                           Gain on sale of fixed assets
      (Catatan 13)                                          8.101.744                    -                                      (Note 13)
    Penghapusan liabilitas sewa                                     -            7.617.257                       Write-off lease liabilities
    Lain-lain                                              85.159.986           64.604.735                                          Others
    Total                                                441.618.632          293.201.629                                               Total


30. BIAYA KEUANGAN                                                      30. FINANCE COSTS

                                                          2024                2023
    Beban bunga                                           551.224.964          509.016.347                                 Interest expense
                                                                                                         Interest expense - lease liabilities
    Beban bunga - liabilitas sewa (Catatan 15)             67.526.696           68.307.183                                      (Note 15)
    Provisi utang bank                                     30.879.336           23.784.569                          Provision of bank loans
    Total                                                649.630.996         601.108.099                                                Total


31. PERPAJAKAN                                                          31. TAXATION

                                                          2024                2023
    Beban pajak penghasilan - kini                                                                           Income tax expense - current
      Perusahaan                                 (         73.299.701 ) (      109.385.561 )                                  Company
      Entitas anak                               (        347.595.036 ) (      332.461.781 )                               Subsidiaries
    Beban pajak penghasilan konsolidasian –                                                           Consolidated income tax expense –
      kini                                       (       420.894.737 ) (      441.847.342 )                                    current
    Manfaat pajak penghasilan - tangguhan                                                                   Income tax benefit - deferred
     Perusahaan                                             5.522.764            3.043.735                                    Company
     Entitas anak                                          15.529.485           53.849.743                                 Subsidiaries
    Manfaat pajak penghasilan konsolidasian –                                                          Consolidated income tax benefit –
     tangguhan                                            21.052.249           56.893.478                                     deferred
    Beban pajak penghasilan - neto                                                                                 Income tax expense - net
      Perusahaan                                 (         67.776.937 ) (      106.341.825 )                                    Company
      Entitas anak                               (        332.065.551 ) (      278.612.039 )                                  Subsidiaries
    Beban pajak penghasilan konsolidasian –
      neto                                       (       399.842.488 ) (      384.953.864 )      Consolidated income tax expense - net
Page 478
                                                                                 These Consolidated Financial Statements are Originally
                                                                                             Issued in Indonesian Language


                                                      Ekshibit E/103                                                             Exhibit E/103


                PT ERAJAYA SWASEMBADA Tbk                                                PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                       AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                             NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                    FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                         31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                                31. TAXATION (Continued)

    Rekonsiliasi antara laba sebelum pajak penghasilan seperti                The reconciliation between profit before income tax as
    yang disajikan dalam laporan laba rugi dan penghasilan                    shown in the consolidated statement of profit or loss and
    komprehensif lain konsolidasian dengan penghasilan kena                   other comprehensive income with taxable income for the
    pajak untuk tahun yang berakhir pada tanggal-tanggal                      year ended 31 December 2024 and 2023 is as follows:
    31 Desember 2024 dan 2023 adalah sebagai berikut:

                                                           2024                 2023
    Laba sebelum pajak penghasilan menurut                                                                     Profit before income tax per
      laporan laba rugi dan penghasilan                                                           consolidated statement of profit or loss
      komprehensif lain konsolidasian                    1.519.328.195         1.241.814.624             and other comprehensive income
    Ditambah:                                                                                                                          Add:
      Penyesuaian dan eliminasi konsolidasi dan                                                             Consolidation adjustment and
        laba entitas anak yang dikonsolidasi                                                       elimination and profit before income
        sebelum pajak penghasilan               (        1.159.287.960) (        693.703.990 )          tax of consolidated subsidiaries
    Laba sebelum beban pajak penghasilan                                                                   Profit before income tax expense
      diatribusikan kepada Perusahaan                      360.040.235           548.110.634                  attributable to the Company
    Beda temporer:                                                                                                   Temporary differences:
      Penyisihan imbalan kerja karyawan                     26.179.225             8.332.114              Provision for employee benefits
      Penyusutan                                               817.272 (               3.196 )                                Depreciation
      Penyisihan keusangan                                                                                      Provision for obsolescence
        dan penurunan nilai persediaan            (             43.200)               43.645          and decline in value of inventories
      Akrual kompensasi PKWT                                 3.483.861               828.200                  PKWT compensation accrual
      Penyisihan piutang                          (             63.000)                    -                      Provision for receivables
      Pembayaran manfaat                          (          1.306.985)                    -                                   Benefit paid
    Beda permanen:                                                                                                   Permanent differences:
      Tunjangan dan kesejahteraan karyawan                   8.700.234             4.184.202                   Employees‘ benefits in kind
      Penghapusan piutang usaha                                 24.754                     -                   Trade receivables write-off
      Beban pajak                                              845.322            11.572.343                                   Tax expense
      Representasi dan jamuan                                1.805.125             1.618.490           Representations and entertainment
      Promosi                                                   40.784               123.245                                     Promotion
      Sumbangan                                                      -               605.860                                     Donations
      Pendapatan yang dikenakan
        pajak penghasilan final:                                                                             Income subjected to final tax:
        Bunga                                     (         15.935.541) (          1.687.537 )                                  Interest
        Sewa                                      (          2.388.276) (          1.578.739 )                                      Rent
        Lain-lain                                 (          2.701.878)                    -(                                     Others
    Taksiran penghasilan kena pajak                        379.497.932           572.149.261                                   Taxable income

    Beban pajak penghasilan – tahun berjalan      (         72.104.607) (        108.708.359 )                  Income tax expense - current

    Dikurangi pajak penghasilan:                                                                                              Less income tax:
      PPh 22                                             1.412.418.077         1.351.336.367                                       Article 22
      PPh 23                                                58.760.710            31.946.808                                       Article 23
      PPh 24                                                 1.460.995             2.906.147                                       Article 24

    Estimasi taksiran tagihan pajak penghasilan          1.400.535.175         1.277.480.963                 Estimated claims for tax refund
Page 479
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                   Ekshibit E/104                                                            Exhibit E/104


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                             31. TAXATION (Continued)

    Rincian beban pajak penghasilan untuk tahun yang berakhir             The details of the income tax expense for the year ended
    pada tanggal-tanggal 31 Desember 2024 dan 2023 adalah                 31 December 2024 and 2023 are as follows:
    sebagai berikut:

                                                        2024                2023
    Taksiran penghasilan kena pajak                                                                                      Taxable income
      Perusahaan                                        379.497.932          572.149.261                                      Company
      Entitas anak                                                                                                         Subsidiaries
        Tidak mendapatkan fasilitas                                                                         Not subjected to tax rate
          pengurangan tarif pajak:                                                                               reduction facility:
          - 17%                                          28.757.822           12.918.644                                      17% -
          - 22%                                       1.390.553.898        1.394.052.698                                      22% -
          - 24%                                         164.048.835           92.943.387                                      24% -

    Beban pajak penghasilan - kini                                                                          Income tax expense - current
      Perusahaan                                                                                                             Company
        Beban pajak penghasilan – tahun
          berjalan                             (         72.104.607) (       108.708.359 )            Income tax expense - current
        Beban pajak atas koreksi pajak                                                         Tax expense from corporate income
          penghasilan badan tahun sebelumnya   (          1.195.094) (           677.201 ) tax correction for previous fiscal year
      Entitas anak                                                                                                        Subsidiaries
        Tidak mendapatkan fasilitas                                                                       Not subjected to tax rate
        pengurangan tarif pajak:                                                                                 reduction facility:
          - 17%                                (          4.888.830) (         2.196.169 )                                   17% -
          - 22%                                (        305.921.857) (       306.691.595 )                                   22% -
          - 24%                                (         39.371.720) (        22.303.800 )                                   24% -
        Beban pajak atas koreksi pajak                                                         Tax expense from corporate income
          penghasilan badan tahun sebelumnya              2.587.371 (          1.270.218 ) tax correction for previous fiscal year
    Beban pajak penghasilan                                                                       Consolidated income tax expense -
      konsolidasian - kini                     (       420.894.737) (       441.847.342 )                                     current
    Manfaat pajak penghasilan - tangguhan                                                                 Income tax benefit - deferred
     Perusahaan                                                                                                               Company
       Penyisihan keusangan                                                                               Provision for obsolescence
         dan penurunan nilai persediaan        (              8.208)               8.293        and decline in value of inventories
       Penyisihan imbalan kerja                           4.974.053            1.583.102            Provision for employee benefits
       Penyusutan                                           155.282 (                608 )                              Depreciation
       Akrual kompensasi PKWT                               661.934              157.358                PKWT compensation accrual
       Penyisihan piutang                      (             11.970)                   -                     Provision of receivables
       Pembayaran manfaat                      (            248.327)                   -                                 Benefit paid
       Penyesuaian pajak tangguhan                                -            1.295.590                    Deferred tax adjustment
      Subtotal                                            5.522.764            3.043.735                                        Sub-total
     Entitas anak                                        15.529.485           53.849.743                                 Subsidiaries
    Manfaat pajak penghasilan                                                                        Consolidated income tax benefit -
     konsolidasian - tangguhan                          21.052.249           56.893.478                                     deferred
     Manfaat (beban) pajak penghasilan                                                                       Consolidated income tax
       konsolidasian                                                                                              benefit (expense)
       Kini                                    (        420.894.737) (       441.847.342 )                                  Current
       Tangguhan                                         21.052.249           56.893.478                                   Deferred
    Beban pajak penghasilan                                                                                   Consolidated income tax
     konsolidasian - neto                      (       399.842.488) (       384.953.864 )                              expense - net
Page 480
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                     Ekshibit E/105                                                             Exhibit E/105


                PT ERAJAYA SWASEMBADA Tbk                                               PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                   FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                        31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                               31. TAXATION (Continued)

    Rekonsiliasi antara manfaat/beban pajak penghasilan yang                 The reconciliation between income tax benefit/expense,
    dihitung dengan menggunakan tarif pajak yang berlaku atas                calculated by applying the applicable tax rate to the profit
    laba sebelum pajak penghasilan dan manfaat/beban pajak                   before income tax and income tax benefit/expense as shown
    penghasilan seperti disajikan dalam laporan laba rugi dan                in the consolidated statement of profit or loss and other
    penghasilan komprehensif lain konsolidasian adalah sebagai               comprehensive income is as follows:
    berikut:

                                                          2024                 2023
    Laba sebelum pajak penghasilan menurut                                                                    Profit before income tax per
      laporan laba rugi dan penghasilan                                                          consolidated statement of profit or loss
      komprehensif lain konsolidasian                   1.519.328.195         1.241.814.624             and other comprehensive income
    Beban pajak penghasilan dengan                                                                                     Income tax expense at
      tarif pajak yang berlaku                   (        334.252.203) (        273.146.791 )                            applicable tax rate
      Rugi fiskal tahun sebelumnya                         18.308.163             3.256.267                     Tax loss carrying forward
                                                                                                            Consolidation adjustment and
     Penyesuaian dan eliminasi konsolidasi                  4.040.024            27.469.669                                  elimination
     Penyesuaian pajak tangguhan                 (            971.167)              896.408                      Deferred tax adjustment
     Dampak pengurangan tarif pajak                         4.272.177            16.443.319                   Effect of tax rate reduction
     Beban yang tidak dapat dikurangkan
       untuk tujuan pajak                        (         71.217.765) (         86.393.066 )                   Non-deductible expenses
     Rugi fiskal tahun berjalan – entitas anak   (         33.065.623) (         82.035.694 )             Current fiscal loss - subsidiaries
     Pendapatan yang dikenakan
       pajak penghasilan final:                                                                        Income subjected to final tax:
       Bunga                                                4.504.468             3.094.506                                  Interest
       Sewa                                                 6.526.209             5.545.419                                      Rent
       Lain-lain                                              620.953             1.863.518                                   Others
     Beban pajak atas koreksi pajak                                                               Tax expense from corporate income
       Penghasilan badan tahun sebelumnya                   1.392.276 (           1.947.419 ) Tax correction for previous fiscal year
    Beban pajak penghasilan                                                                                   Consolidated income tax
     konsolidasian - neto                        (       399.842.488) (        384.953.864 )                            expense - net
Page 481
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                Ekshibit E/106                                                             Exhibit E/106


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                           31. TAXATION (Continued)

    Pada tanggal 29 Oktober 2021, Presiden Republik Indonesia           On 29 October 2021, the President of the Republic of
    menandatangani UU No. 7/2021 tentang “Harmonisasi                   Indonesia signed UU No. 7/ 2021 regarding “Harmonization of
    Peraturan Perpajakan”, yang mengatur penyesuaian tarif              Tax Regulation”, which regulates the adjustment of
    pajak penghasilan badan sebagai berikut:                            corporate income tax rate as follows:

    a. Sebesar 22% yang mulai berlaku pada Tahun Pajak 2022.            a. 22% effective starting Fiscal Year 2022.
    b. Perusahaan Terbuka dalam negeri dengan jumlah                    b. Resident publicly-listed companies in Indonesia whose at
       keseluruhan saham yang disetor diperdagangkan pada                  least 40% or more of the total paid-up shares or other
       bursa efek di Indonesia paling sedikit 40% dan memenuhi             equity instruments are listed for trading in the Indonesia
       persyaratan     tertentu    sesuai    dengan   peraturan            stock exchanges and meet certain requirements in
       pemerintah, dapat memperoleh tarif sebesar 3% lebih                 accordance with the government regulations, can earn a
       rendah dari tarif pada butir a di atas.                             tariff of 3% lower than tariff as stated in point a above.

    Pada tanggal 5 Januari 2024 dan 4 Januari 2023, Perusahaan          On 5 January 2024 and 4 January 2023, the Company had
    telah memperoleh surat keterangan dari Biro Administrasi            receive certificate from Securities Administration Agency
    Efek atas pemenuhan kriteria-kriteria kepemilikan saham             related to fulfillment of criteria for ownership of shares
    menurut PP No. 56/2015 tentang “Penurunan Tarif Pajak               according to PP No. 56/2015 about “The Decrease in Income
    Penghasilan Bagi Wajib Pajak Badan Dalam Negeri yang                Tax Rates for Corporate Taxpayer in the Form of Publicly
    Berbentuk Perseroan Terbuka”. Oleh karena itu, Perusahaan           Listed Company”. Therefore, the Company has applied the
    telah menerapkan penurunan tarif pajak dalam perhitungan            reduction on tax rate on the calculation of income taxes for
    pajak penghasilan tahun 2024 dan 2023.                              the year 2024 and 2023.

    Rincian taksiran tagihan pajak penghasilan adalah sebagai           The details of estimated claims for tax refund are as follows:
    berikut:

                                                     2024                 2023
    Perusahaan                                                                                                                      Company
      2024                                          1.400.535.175                    -                                                2024
      2023                                          1.276.019.039        1.277.480.963                                                2023
    Total                                           2.676.554.214        1.277.480.963                                                Total
    Entitas anak                                                                                                             Subsidiaries
      2024                                            380.228.799                    -                                            2024
      2023                                            560.582.519          595.473.976                                            2023
      2022                                                      -           62.113.215                                            2022
      2021                                             12.998.549                                                                 2021
      2020                                              8.712.475                                                                 2020
    Total                                             962.522.342          657.587.191                                          Total
    Taksiran tagihan pajak                                                                             Consolidated estimated claims
      penghasilan konsolidasian                    3.639.076.556        1.935.068.154                                for tax refund

    Aset (liabilitas) pajak tangguhan pada 31 Desember 2024 dan         The deferred tax assets (liabilities) as of 31 December 2024
    2023 adalah sebagai berikut:                                        and 2023 are as follows:

                                                     2024                 2023
    Aset pajak tangguhan                                                                                        Deferred tax assets
     Perusahaan                                                                                                            Company
       Liabilitas imbalan kerja                        20.717.723           15.388.435                Employee benefits liabilities
       Aset tetap                                       1.581.566            1.426.284                               Fixed assets
       Piutang                                            673.337              685.307                        Accounts receivable
       Persediaan                                              85                8.293                                Inventories
       Akrual kompensasi PKWT                                   -              190.635                 PKWT compensation accrual
      Subtotal                                         22.972.711           17.698.954                                        Sub-total
Page 482
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                  Ekshibit E/107                                                            Exhibit E/107


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                            31. TAXATION (Continued)

    Aset (liabilitas) pajak tangguhan pada 31 Desember 2024 dan          The deferred tax assets (liabilities) as of 31 December 2024
    2023 adalah sebagai berikut: (Lanjutan)                              and 2023 are as follows: (Continued)

                                                       2024                2023


      Entitas anak                                                                                                        Subsidiaries
        Persediaan                                      56.292.697           64.738.349                                  Inventories
        Liabilitas imbalan kerja                        53.489.477           37.035.685               Employee benefits liabilities
        Kompensasi rugi fiskal                          41.684.764           50.453.599                                     Tax loss
        Aset hak-guna                                   15.660.599           10.137.214                          Right-of-use assets
        Piutang                                          6.841.440            7.607.261                         Accounts receivable
        Selisih kurs karena penjabaran                                                               Difference in foreign currency
          laporan keuangan                               5.010.720            9.749.296       translation of financial statements
        Aset tetap                                       7.339.411            4.035.079                                 Fixed assets
        Program loyalitas pelanggan                      2.120.700              996.325               Customer loyalty programme
        Akrual kompensasi PKWT                          10.400.893            2.881.802                PKWT compensation accrual
     Subtotal                                          198.840.701          187.634.610                                     Sub-total
    Aset pajak tangguhan                                                                                     Consolidated deferred tax
     konsolidasian                                    221.813.412          205.333.564                                        assets
    Liabilitas pajak tangguhan                                                                                 Deferred tax liabilities
      Entitas anak                                                                                                        Subsidiaries
        Aset tetap                            (         20.204.356) (        18.750.627 )                               Fixed assets
        Selisih kurs karena penjabaran                                                               Difference in foreign currency
          laporan keuangan                                  57.404 (          4.099.826 )     translation of financial statements
        Aset hak-guna                         (          1.867.003) (         2.335.814 )                        Right-of-use assets
    Liabilitas pajak tangguhan                                                                             Consolidated deferred tax
      konsolidasian                           (        22.013.955) (        25.186.267 )                                    liabilities

    Pada tanggal 31 Desember 2024 dan 2023, pajak dibayar di             As of 31 December 2024 and 2023, the prepaid taxes
    muka    masing-masing    sebesar   Rp1.128.565.078  dan              amounted to Rp1,128,565,078 and               Rp745,553,012,
    Rp745.553.012,    sebagian   besar    merupakan    pajak             respectively, are mainly value added tax - input.
    pertambahan nilai masukan.

    Tidak terdapat konsekuensi pajak penghasilan atas                    There are no income tax consequences attached to the
    pembayaran dividen oleh entitas-entitas anak domestik dan            payment of dividend by the local subsidiaries and associates
    entitas asosiasi kepada Perusahaan dan Perusahaan                    to the Company and the Company intends to hold the
    bermaksud memegang investasi tersebut dalam jangka                   investment for long-term.
    panjang.

    Perusahaan akan menyampaikan perhitungan di atas dalam               The Company will submit the above calculation in its Annual
    SPT Tahunan Pajak Penghasilan Badan untuk tahun fiskal 2024          Corporate Income Tax Return for fiscal year 2024 to the tax
    kepada kantor pajak dan dilaporkan berdasarkan peraturan             office and is reported in accordance with applicable
    yang berlaku.                                                        regulation.
Page 483
                                                                          These Consolidated Financial Statements are Originally
                                                                                      Issued in Indonesian Language


                                                 Ekshibit E/108                                                           Exhibit E/108


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                          31. TAXATION (Continued)

    Surat Ketetapan Pajak                                              Tax Assessment Letters

    Perusahaan                                                         The Company

    Pada tanggal 12 Desember 2024, Perusahaan menerima Surat           On 12 December 2024, the Company received Tax Assessment
    Ketetapan Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal           Letter for Tax Overpayment (“SKPLB”) for Corporate Income
    2023 sebesar Rp1.276.019.035 sehubungan dengan tagihan             Tax for fiscal year 2023 of Rp1,276,019,035 related to the
    pajak penghasilan badan Perusahaan untuk tahun fiskal 2023         Company’s claim for tax refund for fiscal year 2023 of
    sebesar Rp1.277.480.958. Selisih antara tagihan pajak              Rp1,277,480,958. The difference between the Company’s
    penghasilan Perusahaan dengan SKPLB sebesar Rp1.461.923            claim for tax refund and SKPLB of Rp1,461,923 is charged to
    diakui pada “Beban Pajak Penghasilan - Neto” dalam laporan         “Income Tax Expense - Net” in the consolidated statement of
    laba rugi dan penghasilan komprehensif lain konsolidasian          profit or loss and other comprehensive income for the year
    untuk tahun yang berakhir pada tanggal 31 Desember 2024.           ended 31 December 2024.

    Pada tanggal 7 November 2023, Perusahaan menerima Surat            On 7 November 2023, the Company received Tax Assessment
    Ketetapan Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal           Letter for Tax Overpayment (“SKPLB”) for Corporate Income
    2022 sebesar Rp1.193.013.296 sehubungan dengan tagihan             Tax for fiscal year 2022 of Rp1,193,013,296 related to the
    pajak penghasilan badan Perusahaan untuk tahun fiskal 2022         Company’s claim for tax refund for fiscal year 2022 of
    sebesar Rp1.193.696.396. Selisih antara tagihan pajak              Rp1,193,696,396. The difference between the Company’s
    penghasilan Perusahaan dengan SKPLB sebesar Rp683.100              claim for tax refund and SKPLB of Rp683,100 is charged to
    diakui pada “Beban Pajak Penghasilan - Neto” dalam laporan         “Income Tax Expense - Net” in the consolidated statement of
    laba rugi dan penghasilan komprehensif lain konsolidasian          profit or loss and other comprehensive income for the year
    untuk tahun yang berakhir pada tanggal 31 Desember 2023.           ended 31 December 2023.

    Entitas anak                                                       Subsidiaries

    Pada tanggal 25 Juni 2024, SES menerima Berita Acara               On 25 June 2024, SES received Minutes of Request for
    Pelaksanaan Permintaan Penjelasan atas Data dan/atau               Explanation of Data and/or Information where there is for
    Keterangan dimana terdapat tambahan koreksi pajak                  Explanation of Data and/or Information where there is
    penghasilan badan tahun pajak 2022 sebesar Rp174.174 yang          additional correction for corporate income tax fiscal year
    dicatat sebagai bagian dari “Beban Pajak Penghasilan - Neto”       2022 of Rp174,174 which is recorded as part of “Income Tax
    dalam laporan laba rugi dan penghasilan komprehensif lain          Expense - Net” in the consolidated statement of profit or loss
    konsolidasian untuk tahun yang berakhir pada tanggal               and other comprehensive income for the year ended
    31 Desember 2024.                                                  31 December 2024.

    Pada tanggal 31 Juli 2024, EBP menerima Surat Ketetapan            On 31 July 2024, EBP received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2022 sebesar        Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp1.682.222 sehubungan dengan tagihan pajak penghasilan            year 2022 of Rp1,682,222 related to EBP’s claim for tax
    EBP untuk tahun fiskal 2022 sebesar Rp1.682.222.                   refund for fiscal year 2022 of Rp1,682,222.

    Pada tanggal 3 April 2024, MMS menerima Surat Ketetapan            On 3 April 2024, MMS received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2022 sebesar        Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp6.273.595 sehubungan dengan tagihan pajak penghasilan            year 2022 of Rp6,273,595 related to MMS’s claim for tax
    MMS untuk tahun fiskal 2022 sebesar Rp6.273.595.                   refund for fiscal year 2022 of Rp6,273,595.

    Pada tanggal 19 Juni 2024, EAR menerima Surat Ketetapan            On 19 June 2024, EAR received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2022 sebesar        Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp41.289.094 sehubungan dengan tagihan pajak penghasilan           year 2022 of Rp41,289,094 related to EAR’s claim for tax
    EAR untuk tahun fiskal 2022 sebesar Rp41.289.094.                  refund for fiscal year 2022 of Rp41,289,094.

    Pada tanggal 26 Juni 2024, NGA menerima Surat Ketetapan            On 26 June 2024, NGA received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2022 sebesar        Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp1.129.998 sehubungan dengan tagihan pajak penghasilan            year 2022 of Rp1,129,998 related to NGA’s claim for tax
    NGA untuk tahun fiskal 2022 sebesar Rp1.129.998.                   refund for fiscal year 2022 of Rp1,129,998.
Page 484
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                 Ekshibit E/109                                                             Exhibit E/109


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


31. PERPAJAKAN (Lanjutan)                                          31.   TAXATION (Continued)

    Surat Ketetapan Pajak (Lanjutan)                                     Tax Assessment Letters (Continued)

    Entitas anak                                                         Subsidiaries

    Pada tanggal 3 November 2023, MII menerima Surat Ketetapan           On 3 November 2023, MII received Tax Assessment Letter for
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2021 sebesar          Tax Overpayment (“SKPLB”) for Corporate Income Tax for
    Rp3.430.094 sehubungan dengan tagihan pajak penghasilan              fiscal year 2021 of Rp3,430,094 related to MII’s claim for tax
    MII untuk tahun fiskal 2021 sebesar Rp3.943.902. Selisih             refund for fiscal year 2021 of Rp3,943,902. The difference
    antara tagihan pajak penghasilan MII dengan SKPLB sebesar            between the MII’s claim for tax refund and SKPLB of
    Rp513.808 diakui pada “Beban Pajak Penghasilan - Neto”               Rp513,808 is charged to “Income Tax Expense - Net” in the
    dalam laporan laba rugi dan penghasilan komprehensif lain            consolidated statement of profit or loss and other
    konsolidasian untuk tahun yang berakhir pada tanggal                 comprehensive income for the year ended 31 December 2023.
    31 Desember 2023.

    Pada tanggal 23 Juni 2023, PPS menerima Surat Ketetapan              On 23 June 2023, PPS received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2021 sebesar          Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp1.342.303 sehubungan dengan tagihan pajak penghasilan              year 2021 of Rp1,342,303 related to PPS’s claim for tax
    PPS untuk tahun fiskal 2021 sebesar Rp1.342.303.                     refund for fiscal year 2021 of Rp1,342,303.

    Pada tanggal 23 Juni 2023, NGA menerima Surat Ketetapan              On 23 June 2023, NGA received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2021 sebesar          Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp1.593.465 sehubungan dengan tagihan pajak penghasilan              year 2021 of Rp1,593,465 related to NGA’s claim for tax
    NGA untuk tahun fiskal 2021 sebesar Rp1.593.465.                     refund for fiscal year 2021 of Rp1,593,465.

    Pada tanggal 23 Juni 2023, SES menerima Surat Ketetapan              On 23 June 2023, SES received Tax Assessment Letter for Tax
    Pajak Lebih Bayar (“SKPLB”) untuk tahun fiskal 2021 sebesar          Overpayment (“SKPLB”) for Corporate Income Tax for fiscal
    Rp7.004.628 sehubungan dengan tagihan pajak penghasilan              year 2021 of Rp7,004,628 related to SES’s claim for tax
    SES untuk tahun fiskal 2021 sebesar Rp7.970.190. Selisih             refund for fiscal year 2021 of Rp7,970,190. The difference
    antara tagihan pajak penghasilan SES dengan SKPLB sebesar            between the SES’s claim for tax refund and SKPLB of
    Rp965.562 diakui pada “Beban Pajak Penghasilan - Neto”               Rp965,562 is charged to “Income Tax Expense - Net” in the
    dalam laporan laba rugi dan penghasilan komprehensif lain            consolidated statement of profit or loss and other
    konsolidasian untuk tahun yang berakhir pada tanggal                 comprehensive income for the year ended 31 December 2023.
    31 Desember 2023.

    Pada tanggal 23 Mei 2023, SAM menerima surat keputusan               On 23 May 2023, SAM received tax audit decision for SKPLB
    pemeriksaan pajak atas SKPLB untuk tahun fiskal 2021 sebesar         Corporate Income Tax for fiscal year 2021 of Rp2,510,687
    Rp2.510.687 sehubungan dengan tagihan pajak penghasilan              related to SAM’s claim for tax refund for fiscal year 2021 of
    SAM untuk tahun fiskal 2021 sebesar Rp2.927.390. Selisih             Rp2,927,390. The difference between the SAM’s claim for tax
    antara tagihan pajak penghasilan SAM dengan SKPLB sebesar            refund and SKPLB of Rp416,703 is charged to “Income Tax
    Rp416.703 diakui pada “Beban Pajak Penghasilan - Neto”               Expense - Net” in the consolidated statement of profit or loss
    dalam laporan laba rugi dan penghasilan komprehensif lain            and other comprehensive income for the year ended
    konsolidasian untuk tahun yang berakhir pada tanggal                 31 December 2023.
    31 Desember 2023.
Page 485
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                   Ekshibit E/110                                                            Exhibit E/110


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


32. LABA PER SAHAM                                                    32. EARNINGS PER SHARE

    Laba per saham dihitung dengan membagi laba tahun berjalan            Earnings per share is computed by dividing the profit for the
    yang dapat diatribusikan kepada pemilik entitas induk dengan          year attributable to owners of the parent company by the
    jumlah rata-rata tertimbang saham yang beredar selama                 weighted-average number of shares outstanding during the
    tahun yang bersangkutan (dikurangi perolehan kembali saham            year, (less treasury stock).
    beredar).

                                                        2024                2023
    Laba tahun berjalan yang dapat                                                                    Profit for the year attributable to
      diatribusikan kepada pemilik entitas induk      1.032.546.782          826.049.833                owners of the parent company
    Total rata-rata tertimbang saham yang                                                     Weighted-average number of outstanding
      beredar                                        15.783.484.900       15.783.484.900                                    shares

    Laba per saham (angka penuh)                              65,42                52,34               Earnings per share (full amount)


33. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK BERELASI                   33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES

    Dalam kegiatan usaha yang normal, Grup melakukan transaksi            In the normal course of business, the Group has engaged in
    dengan pihak-pihak yang berelasi pada tingkat harga dan               transactions with related parties, which are conducted based
    persyaratan yang disetujui kedua belah pihak.                         on the agreed terms and conditions.

    Sifat hubungan dengan pihak-pihak berelasi:                           Nature of relationship with related parties:
    (i) PT Mega Mulia Servindo (“Servindo”), PT Bolttech                  (i) PT Mega Mulia Servindo (“Servindo”), PT Bolttech
           Device Protection Indonesia (“Bolttech”), PT Citra                   Device Protection Indonesia (“Bolttech”), PT Citra
           Anugrah Sukses Abadi (“CASA”), dan PT Inovidea Magna                 Anugrah Sukses Abadi (“CASA”), and PT Inovidea Magna
           Global, merupakan entitas asosiasi.                                  Global are associates.
    (ii) PT Era Caring Indonesia (“ECI”), PT Era Farma Indonesia,         (ii) PT Era Caring Indonesia (“ECI”), PT Era Farma
           PT JDSports Fashion Indonesia (“JDFI”), PT Era Gaya                  Indonesia, PT JDSports Fashion Indonesia (“JDFI”),
           Aktif d/h PT JDSports Fashion Distribution (“EGA”), PT               PT Era Gaya Aktif d/h PT JDSports Fashion Distribution
           Era Blu Elektronik dan PT MST Golf Indonesia (“MSTI”)                (“EGA”), PT Era Blu Elektronik and PT MST Golf
           merupakan entitas ventura bersama.                                   Indonesia (“MSTI”) are joint venture entities.
    (iii) PT Era Sehat Bersama (“ESB”) dan PT Era Farma Medika            (iii) PT Era Sehat Bersama and PT Era Farma Medika (“EFM”)
           (“EFM”) merupakan anak perusahaan dari PT Era Farma                  are subsidiaries of PT Era Farma Indonesia (“EFI”).
           Indonesia (“EFI”).
    (iv) Paris Croissant Co., Ltd merupakan entitas induk dari            (iv) Paris Croissant Co., Ltd is parent entity from Paris
           Paris Baguette Singapore Pte. Ltd., dan Paris Baguette                Baguette Singapore Pte. Ltd., and Paris Baguette
           Singapore Pte. Ltd., merupakan pemegang saham                         Singapore Pte. Ltd., is the non-controlling shareholder
           nonpengendali dari PT Era Boga Patiserindo (“EBP”).                   of PT Era Boga Pattiserindo (“EBP”)
    (v) Drs. Marsudi M.B.A., Ph.D. merupakan pemegang saham               (v) Drs. Marsudi M.B.A., Ph.D. is the non-controlling
           nonpengendali dari PT Mitra Belanja Halal (“MBH”).                    shareholders of PT Mitra Belanja Halal (“MBH”).
    (vi) PT Masak Maju Terus merupakan pemegang saham                     (vi) PT Masak Maju Terus is the non-controlling shareholders
           nonpengendali dari PT Era Boga Kari (“EBK”).                          of PT Era Boga Kari (“EBK”).
    (vii) PT Kukuh Mandiri Lestari merupakan pemegang saham               (vii) PT Kukuh Mandiri Lestari is the non-controlling
           nonpengendali dari PT Aero Inovasi Media (“AIM”).                     shareholder of PT Aero Inovasi Media (“AIM”).
    (viii) PT Mitra Belanja Selalu merupakan entitas ventura              (viii) PT Mitra Belanja Selalu is joint venture entities of
           bersama dari PT Era Sukses Abadi (“ESA”).                             PT Era Sukses Abadi (“ESA”).
Page 486
                                                                                                                             These Consolidated Financial Statements are Originally
                                                                                                                                         Issued in Indonesian Language


                                                                                Ekshibit E/111                                                                                                     Exhibit E/111


                PT ERAJAYA SWASEMBADA Tbk                                                                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                                                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


33. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK BERELASI                                                            33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES
    (Lanjutan)                                                                                                     (Continued)

    Dalam kegiatan usaha yang normal, Grup melakukan transaksi                                                          In the normal course of business, the Group has engaged in
    dengan pihak-pihak yang berelasi pada tingkat harga dan                                                             transactions with related parties, which are conducted based
    persyaratan yang disetujui kedua belah pihak. (Lanjutan)                                                            on the agreed terms and conditions. (Continued)

    Rincian saldo dengan pihak-pihak berelasi:                                                                          Details of balances with related parties:

                                                                                   2024                                                   2023
                                                                  Total/             Persentase (%)*)/                   Total/             Persentase (%)*)/
                                                                  Total              Percentage (%)*)                    Total              Percentage (%)*)
    Piutang usaha - pihak-pihak berelasi                                                                                                                                    Trade receivables - related parties
      PT Era Blu Elektronik                                       69.886.412                             0,32            14.840.201                            0,07                    PT Era Blu Elektronik
      PT Mega Mulia Servindo                                       3.439.171 **)                         0,02             3.439.171 **)                        0,02                 PT Mega Mulia Servindo
      PT MST Golf Indonesia                                          140.309                             0,01             1.175.909                            0,01                   PT MST Golf Indonesia
      Lain-lain (masing-masing
         dibawah Rp1 milliar)                                         332.720                            0,01                686.929                           0,01          Others (below Rp1 billion each)

         Total                                                    73.798.612                                             20.142.210                                                                             Total

    Piutang lain-lain - pihak-pihak berelasi                                                                                                                              Other receivables - related parties
      PT MST Golf Indonesia                                       29.594.666                             0,14                         -                             -                PT MST Golf Indonesia
      PT Kukuh Mandiri Lestari                                    17.150.000                             0,08                                                                     PT Kukuh Mandiri Lestari
      PT Era Caring Indonesia                                      1.975.097                             0,01             1.782.502                            0,01                 PT Era Caring Indonesia
      PT Bolttech Device Protection                                                                                                                                          PT Bolttech Device Protection
         Indonesia                                                 1.191.668                             0,01             1.338.348                            0,01                             Indonesia
      Drs. Marsudi, M.B.A., Ph.D.                                  1.058.781                             0,01               786.483                            0,01             Drs. Marsudi, M.B.A., Ph.D.
      PT Masak Maju Terus                                            750.000                             0,01             1.049.950                            0,01                   PT Masak Maju Terus
      PT Era Gaya Aktif d/h PT JDSports                                                                                                                                  PT Era Gaya Aktif d/h PT JDSports
        Fashion Indonesia 1)                                                   -                              -           2.410.213                            0,01                   Fashion Indonesia 1)
      PT Era Farma Indonesia                                                   -                              -           1.006.860                            0,01                 PT Era Farma Indonesia
      Lain-lain (masing-masing
         dibawah Rp1 milliar)                                      1.096.825                             0,01                         -                             -        Others (below Rp1 billion each)

         Total                                                    52.817.037                                              8.374.356                                                                             Total

    Uang muka - pihak-pihak berelasi                                                                                                                                                   Advances - related parties
      Lain-lain (masing-masing
        dibawah Rp1 milliar)                                          835.000                            0,01                         -                             -        Others (below Rp1 billion each)

    Utang usaha - pihak-pihak berelasi                                                                                                                                         Trade payables - related parties
      PT Bolttech Device Protection                                                                                                                                            PT Bolttech Device Protection
        Indonesia                                                 18.924.744                             0,15            16.757.452                            0,14                              Indonesia
      Paris Croissant Co., Ltd.                                    2.484.878                             0,02             3.477.329                            0,03                 Paris Croissant Co., Ltd.
      Lain-lain (masing-masing
        dibawah Rp1 milliar)                                          622.654                            0,01             1.705.237                            0,01          Others (below Rp1 billion each)

         Total                                                    22.032.276                                             21.940.018                                                                             Total

    Utang lain-lain - pihak-pihak berelasi                                                                                                                                     Other payables - related parties
      PT Mitra Belanja Selalu                                     52.213.800                             0,41                         -                             -                PT Mitra Belanja Selalu
      Lain-lain (masing-masing
        dibawah Rp1 milliar)                                          382.180                            0,01             2.165.886                            0,01          Others (below Rp1 billion each)

         Total                                                    52.595.980                                              2.165.886                                                                             Total


    *) persentase terhadap total aset/liabilitas konsolidasian                                                          *) percentage to total consolidated assets/liabilities
    **) sebelum dikurangi cadangan penurunan nilai sebesar Rp3.439.171                                                  **) gross of allowance for impairment of Rp3,439,171

    1)
         Sejak tanggal 20 November 2024, terdiri dari kepemilikan tidak langsung Perusahaan melalui SES sebesar 99,99% dan kepemilikan tidak langsung melalui EGA sebesar 0,01%, sebelumnya kepemilikan tidak langsung
         Perusahaan melalui SES 51% dan JD Sports Fashion Plc., pihak ketiga, sebesar 49%./ Since on November 20, 2024, comprise the indirect ownership through SES by the Company of 99.99% and indirect ownership by EGA
         of 0.01%, previously indirect ownership through SES by the Company of 51% and JD Sports Fashion Plc., third party by 49%.
Page 487
                                                                                            These Consolidated Financial Statements are Originally
                                                                                                        Issued in Indonesian Language


                                                        Ekshibit E/112                                                                         Exhibit E/112


                PT ERAJAYA SWASEMBADA Tbk                                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


33. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK BERELASI                                 33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES
    (Lanjutan)                                                                          (Continued)

    Rincian transaksi dengan pihak-pihak berelasi:                                      Details of transactions with related parties:
                                                            2024                                       2023
                                             Total/           Persentase (%)***)/       Total/           Persentase (%)***)/
                                             Total            Percentage (%)***)        Total            Percentage (%)***)
    Penjualan                                                                                                                                              Sales
      PT Era Blu Elektronik                 570.231.875                0,87            110.220.534               0,18                    PT Era Blu Elektronik
      Lain-lain (masing-masing
        dibawah Rp5 milliar)                  3.553.519                0,01              9.806.200               0,08          Others (below Rp5 billion each)

      Total                                 573.785.394                                120.026.734                                                      Total

    Pembelian                                                                                                                                          Purchase
      PT Bolttech Device Protection                                                                                             PT Bolttech Device Protection
        Indonesia                           109.367.181                0,19             91.999.913               0,17                             Indonesia
      Lain-lain (masing-masing
        dibawah Rp5 milliar)                    556.019                0,01                        -                       -   Others (below Rp5 billion each)

      Total                                 109.923.200                                 91.999.913                                                      Total

    Pendapatan operasi lainnya                                                                                                         Other operating income:
      PT Bolttech Device Protection                                                                                             PT Bolttech Device Protection
        Indonesia                             7.372.643                1,67              7.695.419               2,62                             Indonesia
      Lain-lain (masing-masing
        dibawah Rp5 milliar)                  3.295.702                0,74              4.258.986               1,45          Others (below Rp5 billion each)

      Total                                  10.668.345                                 11.954.405                                                      Total

    Biaya keuangan                                                                                                                                  Finance cost
      PT Era Blu Elektronik                   6.094.472                0,93              9.699.512               1,61                    PT Era Blu Elektronik
      Lain-lain (masing-masing
        dibawah Rp5 milliar)                            -                                        500             0,01          Others (below Rp5 billion each)

      Total                                   6.094.472                                  9.700.012                                                      Total

    Pendapatan keuangan                                                                                                                          Finance income
      Lain-lain (masing-masing
        dibawah Rp5 milliar)                    848.556                2,21                        -                       -   Others (below Rp5 billion each)

    ***) persentase   terhadap     total    penjualan        neto/pembelian             ***) percentage to total net sales/net purchases/income/related expenses
         neto/pendapatan/beban yang bersangkutan

    Pada tanggal 31 Desember 2024 dan 2023, piutang usaha dari                          As of 31 December 2024 and 2023, trade receivables from
    PT Mega Mulia Servindo ("Servindo"), entitas asosiasi sebesar                       PT Mega Mulia Servindo (“Servindo”), associated company,
    Rp3.439.171, telah dicadangkan seluruhnya karena                                    amounted to Rp3,439,171, was provided with full allowance,
    Manajemen Perusahan menilai terdapat keragu-raguan yang                             due to the Company’s Management assesses that there is a
    signifikan, mengenai apakah Servindo dapat melunasi                                 significant doubt on whether Servindo will be able to pay its
    utangnya akibat penurunan kondisi usahanya.                                         debt due to decline in its business condition.

    Imbalan kepada manajemen kunci                    Grup      atas    jasa            The compensation to the Group‘s key management for
    kepegawaian adalah sebagai berikut:                                                 employee services is shown below:

                                                                 2024                      2023
    Gaji dan imbalan jangka pendek                                                                               Salaries and other short-term employee
     lainnya                                                                                                                                   Benefits
     Dewan Komisaris                                               19.015.849                29.424.278                         Board of Commissioners
     Dewan Direksi                                                135.175.793               104.767.208                               Board of Directors
    Total                                                        154.191.642              134.191.486                                                    Total
Page 488
                                                                                         These Consolidated Financial Statements are Originally
                                                                                                     Issued in Indonesian Language


                                                         Ekshibit E/113                                                                       Exhibit E/113


                PT ERAJAYA SWASEMBADA Tbk                                                       PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                           FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                       (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


34. ASET DAN LIABILITAS DALAM MATA UANG ASING                                    34. ASSETS AND           LIABILITIES        DENOMINATED       IN   FOREIGN
                                                                                     CURRENCIES

    Pada tanggal 31 Desember 2024 dan 2023, Grup memiliki aset                        As of 31 December 2024 and 2023, the Group has significant
    dan liabilitas moneter yang signifikan dalam mata uang asing                      monetary assets and liabilities denominated in foreign
    sebagai berikut:                                                                  currencies as follows:

                                                         2024                                      2023
                                           Dalam Mata             Setara             Dalam Mata             Setara
                                           Uang Asing/           Rupiah/             Uang Asing/           Rupiah/
                                            In Foreign          Equivalent            In Foreign          Equivalent
                                           Currencies             Rupiah             Currencies             Rupiah
    Dolar Amerika Serikat                                                                                                                United States Dollar
    Aset                                                                                                                                                Assets
      Kas dan setara kas                       4.408.432            71.249.101           6.136.536            94.600.813           Cash and cash equivalents
      Piutang lain-lain                                -                     -          10.524.927           162.252.273                  Other receivables
    Subtotal                                  4.408.432            71.249.101          16.661.463          256.853.086                               Sub-total
    Liabilitas                                                                                                                                      Liabilities
      Utang bank jangka pendek         (         424.481 ) (         6.860.460 ) (       1.627.743 ) (        25.093.289 )             Short-term bank loans
      Utang usaha                      (      93.473.572 ) (     1.510.719.863 ) (      91.361.597 ) (     1.408.430.380 )                    Trade payables
      Utang lain-lain                  (          63.656 ) (         1.028.809 ) (         498.032 ) (         7.677.664 )                    Other payables
    Subtotal                           (     93.961.709 ) (     1.518.609.132 ) (      93.487.372 ) (     1.441.201.333 )                            Sub-total
    Liabilitas moneter neto dalam                                                                                                     Net monetary liabilities
      dolar Amerika Serikat            (     89.553.277 ) (     1.447.360.031 ) (      76.825.909 ) (     1.184.348.247 )            in United States Dollar

    Ringgit Malaysia                                                                                                                        Malaysian Ringgit
    Aset                                                                                                                                                 Assets
      Kas dan setara kas                      56.237.533           203.354.923          37.031.089           123.757.893          Cash and cash equivalents
      Piutang usaha                            5.623.380            20.334.145          40.305.324           134.700.395                   Trade receivables
      Piutang lain-lain                       34.310.667           124.067.365          34.587.897           115.592.749                   Other receivables
      Aset keuangan lainnya - bagian                                                                                         Other financial assets – current
        lancar                                15.865.895            57.371.077          15.165.640            50.683.570                            portion
      Aset keuangan lainnya – bagian                                                                                     Other financial assets - non-current
        tidak lancar                              94.870               343.050              38.363               128.208                            portion
    Subtotal                                112.132.345           405.470.560         127.128.313          424.862.815                               Sub-total
    Liabilitas                                                                                                                                      Liabilities
      Utang bank jangka pendek         (     191.109.568 ) (       691.052.197 ) (      56.721.217 ) (       189.562.308 )             Short-term bank loans
      Utang bank jangka panjang        (       5.443.028 ) (        19.681.990 ) (       5.427.083 ) (        18.137.310 )              Long-term bank loans
      Utang usaha                      (      98.300.138 ) (       355.453.299 ) (     124.486.455 ) (       416.033.733 )                    Trade payables
      Utang lain-lain                  (      35.772.258 ) (       129.352.486 ) (     133.109.761 ) (       444.852.822 )                    Other payables
    Subtotal                           (    330.624.992 ) (     1.195.539.972 ) (     319.744.516 ) (     1.068.586.173 )                           Sub-total
    Liabilitas moneter neto dalam                                                                                                     Net monetary liabilities
      Ringgit Malaysia                 (    218.492.647 ) (       790.069.412 ) (     192.616.203 ) (      643.723.358 )               in Malaysian Ringgit
Page 489
                                                                                        These Consolidated Financial Statements are Originally
                                                                                                    Issued in Indonesian Language


                                                         Ekshibit E/114                                                                     Exhibit E/114


                PT ERAJAYA SWASEMBADA Tbk                                                      PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                             AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                          FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                               31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                      (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


34. ASET DAN LIABILITAS DALAM MATA UANG ASING (Lanjutan)                        34. ASSETS AND LIABILITIES                 DENOMINATED       IN   FOREIGN
                                                                                    CURRENCIES (Continued)

    Pada tanggal 31 Desember 2024 dan 2023, Grup memiliki aset                       As of 31 December 2024 and 2023, the Group has significant
    dan liabilitas moneter yang signifikan dalam mata uang asing                     monetary assets and liabilities denominated in foreign
    sebagai berikut: (Lanjutan)                                                      currencies as follows: (Continued)

                                                         2024                                     2023
                                           Dalam Mata             Setara            Dalam Mata             Setara
                                           Uang Asing/           Rupiah/            Uang Asing/           Rupiah/
                                            In Foreign          Equivalent           In Foreign          Equivalent
                                           Currencies             Rupiah            Currencies             Rupiah

    Dolar Singapura                                                                                                                         Singapore Dollar
    Aset                                                                                                                                               Assets
      Kas dan setara kas                      64.267.909          766.009.186          54.502.497          638.333.242           Cash and cash equivalents
      Piutang usaha                            1.345.626           16.038.506           4.547.806           53.263.896                   Trade receivables
      Piutang lain-lain                        4.263.297           50.814.240           4.573.756           53.567.821                   Other receivables
      Aset keuangan lainnya - bagian                                                                                       Other financial assets – current
        lancar                                   630.312            7.512.683              23.129              270.888                            portion
      Aset keuangan lainnya – bagian                                                                                   Other financial assets - non-current
        tidak lancar                           2.513.394           29.957.147           2.992.630           35.049.683                            portion
    Subtotal                                 73.020.538          870.331.762          66.639.818          780.485.630                              Sub-total
    Liabilitas                                                                                                                                    Liabilities
      Utang bank jangka pendek         (       6.393.730 ) (       76.206.871 ) (       3.079.663 ) (       36.069.013 )             Short-term bank loans
      Utang usaha                      (       3.454.695 ) (       41.176.509 ) (       3.103.901 ) (       36.352.886 )                    Trade payables
      Utang lain-lain                  (         694.806 ) (        8.281.390 ) (         685.966 ) (        8.034.029 )                    Other payables
    Subtotal                           (     10.543.231 ) (      125.664.770 ) (       6.869.530 ) (       80.455.928 )                            Sub-total
    Aset moneter neto dalam                                                                                                             Net monetary assets
      dolar Singapura                        62.477.307          744.666.992          59.770.288          700.029.702                  in Singapore Dollar
    Yuan China                                                                                                                                Chinese Yuan
    Liabilitas                                                                                                                                   Liabilities
      Utang usaha                      (      40.721.918 ) (       90.158.327 ) (       8.874.859 ) (       19.258.444 )                   Trade payables
      Utang lain-lain                  (          25.757 ) (           57.026 ) (               -) (                 -)                    Other payables
    Liabilitas moneter neto dalam                                                                                                   Net monetary liabilities
      Yuan China                       (     40.747.675 ) (       90.215.353 ) (       8.874.859 ) (       19.258.444 )                  in Chinese Yuan
    Dolar Hong Kong                                                                                                                        Hong Kong Dollar
    Liabilitas                                                                                                                                   Liabilities
      Utang usaha                      (         823.697 ) (        1.714.937 ) (          82.770 ) (          163.306 )                   Trade payables
      Utang lain-lain                  (             533 ) (            1.109 ) (               -) (                 -)                    Other payables
    Liabilitas moneter neto dalam                                                                                                   Net monetary liabilities
      Dolar Hong Kong                  (        824.230 ) (        1.716.046 ) (           82.770 ) (         163.306 )               in Hong Kong Dollar
    Poundsterling                                                                                                                             Poundsterling
    Aset                                                                                                                                              Assets
      Kas dan setara kas                          14.228              289.288                     -                   -          Cash and cash equivalents
    Subtotal                                      14.228             289.288                      -                   -                            Sub-total

    Liabilitas                                                                                                                                    Liabilities
      Utang usaha                      (               8 )(               162 )                   -                   -                     Trade payables
      Utang lain-lain                  (          89.295 ) (        1.815.638 )                   -                   -                     Other payables
    Subtotal                                      89.303           1.815.800                      -                   -                            Sub-total

    Liabilitas moneter neto dalam                                                                                                   Net monetary liabilities
      Poundsterling                    (          75.075 ) (       1.526.512 )                    -                   -                  in Poundsterling

    Pada tanggal 24 Maret 2025, kurs tengah Bank Indonesia untuk                     On 24 March 2025, the exchange rate of Bank Indonesia for
    mata uang dolar Amerika Serikat, Ringgit Malaysia, dolar                         United States dollar, Malaysian Ringgit, Singapore dollar,
    Singapura, Yuan China, dolar Hong Kong dan Poundsterling                         Chinese Yuan, Hong Kong dollar and Poundsterling against
    terhadap Rupiah masing-masing adalah Rp16.501 per $AS1,                          Rupiah are Rp16,501 per US$1, Rp3,734 per MYR1, Rp12,364
    Rp3.734 per RM1, Rp12.364 per $Sin1, Rp2.277 per CNY1,                           per Sin$1, Rp2,277 per CNY1, Rp2,123 per HKD1 and Rp21,344
    Rp2.123 per HKD1 dan Rp21.344 per GBP1. Jika aset moneter                        per GBP1. If the net monetary assets denominated in foreign
    neto dalam mata uang asing pada tanggal 31 Desember 2024                         currency as of 31 December 2024 are converted to Rupiah
    dijabarkan ke dalam Rupiah menggunakan kurs tersebut,                            using the said exchange rate, the net monetary liabilities will
    maka liabilitas moneter neto akan naik sebesar Rp31.015.089.                     increase by Rp31,015,089.
Page 490
                                                                                                  These Consolidated Financial Statements are Originally
                                                                                                              Issued in Indonesian Language


                                                              Ekshibit E/115                                                                               Exhibit E/115


                PT ERAJAYA SWASEMBADA Tbk                                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


35. INFORMASI SEGMEN                                                                  35. SEGMENT INFORMATION

    Sesuai dengan PSAK 108 (Revisi 2015), “Segmen Operasi”,                                  In accordance with PSAK 108 (Revised 2015), “Operating
    informasi segmen berikut ini disusun berdasarkan informasi                               Segments”, the following segment information is prepared
    yang digunakan oleh manajemen untuk mengevaluasi kinerja                                 based on the information used by management in evaluating
    setiap segmen dan menentukan alokasi sumber daya.                                        the performance of each business segment and in
                                                                                             determining the allocation of resources.

                                                                                     2024
                                Telepon selular    Produk          Komputer & peralatan     Aksesoris
                                  dan tablet/     operator/         elektronik lainnya/   dan lainnya/
                                Cellular phones   Operator           Computer & other     Accessories          Eliminasi/        Konsolidasian/
                                  and tablets      product           electronic devices    and others         Elimination        Consolidated
    Penjualan segmen                                                                                                                                             Segment sales
      Penjualan eksternal        52.431.058.949   1.672.257.304            2.638.259.625    8.538.108.789                  -      65.279.684.667               External sales
      Penjualan antar grup       45.735.633.606     246.557.046            1.523.726.530    4.667.143.662 (   52.173.060.844 )                 -         Inter-company sales
    Penjualan neto               98.166.692.555   1.918.814.350            4.161.986.155   13.205.252.451 (   52.173.060.844 )    65.279.684.667                     Net sales
    Laba kotor per segmen         4.985.346.260     60.723.316              203.569.603     2.026.089.309                   -      7.275.728.488       Gross profit per segment
    Aset segmen                                                                                                                  21.774.390.259                Segment assets
    Liabilitas segmen                                                                                                            12.716.995.986             Segment liabilities

    Penyusutan dan amortisasi                                                                                                      1.144.217.349 Depreciation and amortization
    Pengeluaran modal                                                                                                                687.545.153          Capital expenditures

                                                                                     2023
                                Telepon selular    Produk          Komputer & peralatan     Aksesoris
                                  dan tablet/     operator/         elektronik lainnya/   dan lainnya/
                                Cellular phones   Operator           Computer & other     Accessories          Eliminasi/        Konsolidasian/
                                  and tablets      product           electronic devices    and others         Elimination        Consolidated
    Penjualan segmen                                                                                                                                             Segment sales
      Penjualan eksternal        47.913.750.778   2.911.414.826            2.370.824.274    6.943.415.797                         60.139.405.675               External sales
      Penjualan antar grup       47.515.719.862      24.583.566            1.179.818.696    3.578.872.699 (   52.298.994.823 )                 -         Inter-company sales
    Penjualan neto               95.429.470.640   2.935.998.392            3.550.642.970   10.522.288.496 (   52.298.994.823 )    60.139.405.675                     Net sales
    Laba kotor per segmen         4.602.153.432     75.006.574              179.534.153     1.591.075.011                          6.447.769.170       Gross profit per segment
    Aset segmen                                                                                                                  20.447.451.702                Segment assets
    Liabilitas segmen                                                                                                            12.316.678.087             Segment liabilities
    Penyusutan dan amortisasi                                                                                                        910.589.247 Depreciation and amortization
    Pengeluaran modal                                                                                                              1.021.974.316          Capital expenditures


    Grup mengelompokkan segmen geografis berdasarkan lokasi                                  The Group primarily classify geographical segment based on
    pelanggan yang terdiri dari wilayah Barat (Sumatera dan                                  customer location which consist of West Area (Sumatera and
    Jawa), wilayah Tengah (Jabodetabek, Kalimantan, Singapura                                Java), Central Area (Jabodetabek, Kalimantan, Singapore
    dan Malaysia) dan wilayah Timur (di luar wilayah Barat dan                               and Malaysia) and East Area (outside West and Central Area)
    Tengah) sebagai berikut:                                                                 as follows:

                                                                     2024                       2023
    Penjualan neto                                                                                                                                             Net sales
     Wilayah Tengah                                                39.068.041.730            33.293.152.542                                                Central area
     Wilayah Timur                                                  7.063.139.725             6.072.720.248                                                   East area
     Wilayah Barat                                                 19.148.503.212            20.773.532.885                                                  West area
    Total penjualan neto                                          65.279.684.667           60.139.405.675                                                Total net sales


36. NILAI WAJAR INSTRUMEN KEUANGAN                                                    36. FAIR VALUES OF FINANCIAL INSTRUMENTS

    Instrumen keuangan yang disajikan di dalam laporan posisi                                Financial instruments presented in the consolidated
    keuangan konsolidasian dicatat sebesar nilai wajar, atau                                 statement of financial position are carried at fair value,
    disajikan dalam jumlah tercatat baik karena jumlah tersebut                              otherwise, they are presented at carrying amounts as either
    mendekati nilai wajarnya atau karena nilai wajarnya tidak                                these are reasonable approximation of fair values or their
    dapat diukur secara handal. Penjelasan lebih lanjut diberikan                            fair values cannot be reliably measured. Further
    pada paragraf-paragraf berikut.                                                          explanations are provided in the following paragraphs.
Page 491
                                                                                These Consolidated Financial Statements are Originally
                                                                                            Issued in Indonesian Language


                                                 Ekshibit E/116                                                                  Exhibit E/116


                PT ERAJAYA SWASEMBADA Tbk                                               PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                            NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                   FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                        31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


36. NILAI WAJAR INSTRUMEN KEUANGAN (Lanjutan)                         36. FAIR VALUES OF FINANCIAL INSTRUMENTS (Continued)

    Instrumen keuangan yang dicatat pada nilai wajar atau                    Financial instruments carried at fair value or amortized
    biaya perolehan diamortisasi                                             cost

    Aset keuangan tidak lancar lainnya - uang jaminan dan utang              Other non-current financial assets - security deposits and
    jangka panjang dicatat pada biaya perolehan diamortisasi                 long-term debts are carried at amortized cost using effective
    dengan menggunakan suku bunga efektif (“SBE”). Tingkat                   interest rate (“EIR”). The discount rates used are the current
    diskonto yang digunakan adalah suku bunga pasar untuk                    market incremental lending rate for similar types of lending.
    pinjaman yang serupa. Biaya perolehan diamortisasi                       Amortized cost is calculated by taking into account any
    ditentukan dengan memperhitungkan diskonto atau premi                    discount or premium on acquisition and fees or costs that are
    atas perolehan dan komisi atau biaya yang merupakan bagian               integral part of the EIR.
    tidak terpisahkan dari SBE.

    Instrumen keuangan dengan nilai tercatat yang kurang                     Financial instruments with           carrying     amounts       that
    lebih sebesar nilai wajarnya                                             approximate their fair values

    Manajemen menetapkan bahwa nilai tercatat kas dan setara                 Management has determined that the carrying amounts of
    kas, piutang usaha dan lain-lain, aset keuangan lancar dan               cash and cash equivalents, trade and other receivables, other
    tidak lancar lainnya, utang bank jangka pendek, utang usaha              current and non-current financial assets, short-term bank
    dan lain-lain, beban akrual, liabilitas imbalan kerja jangka             loan, trade and other payables, accrued expenses, short-
    pendek, liabilitas keuangan jangka pendek lainnya dan utang              term employee benefits liabilities, other current financial
    jangka panjang mendekati nilai wajarnya karena instrumen                 liabilities and long-term debt reasonably approximate their
    keuangan tersebut sebagian besar berjangka pendek.                       fair values because they are mostly short-term in nature.

    Tabel berikut menyajikan nilai tercatat dan estimasi nilai               The following tables sets out the carrying values and
    wajar dari instrumen keuangan Grup pada tanggal                          estimated fair values of the Group’s financial instruments as
    31 Desember 2024 dan 2023:                                               of 31 December 2024 and 2023:

                                                   2024                                 2023
                                     Nilai tercatat/   Nilai wajar/       Nilai tercatat/   Nilai wajar/
                                     Carrying value     Fair value        Carrying value     Fair value
    Aset Keuangan                                                                                                              Financial Assets
    Kas dan setara kas                 1.765.745.896     1.765.745.896       1.765.703.214     1.765.703.214          Cash and cash equivalents
    Piutang usaha                      1.156.486.266     1.156.486.266       1.364.848.782     1.364.848.782                 Trade receivables
    Piutang lain-lain                    425.873.216       425.873.216         672.417.751       672.417.751                  Other receivables
    Aset keuangan lainnya - bagian                                                                                 Other financial assets – current
      lancar                              65.002.260       65.002.260          50.954.458        50.954.458                               portion
    Aset keuangan lainnya – bagian                                                                             Other financial assets - non-current
      tidak lancar                       158.893.776      158.893.776         158.240.709       158.240.709                               portion
    Total Aset Keuangan               3.572.001.414     3.572.001.414      4.012.164.914      4.012.164.914              Total Financial Assets
    Liabilitas Keuangan                                                                                                    Financial Liabilities
    Utang bank jangka pendek           2.733.983.958     2.738.753.676       3.962.990.616     3.982.138.480              Short-term bank loans
    Utang usaha                        3.869.880.542     3.869.880.542       3.671.374.920     3.671.374.920                     Trade payables
    Utang lain-lain                    1.657.049.760     1.657.049.760       1.404.285.698     1.404.285.698                     Other payables
    Beban akrual                         109.930.791       109.930.791          72.188.677        72.188.677                  Accrued expenses
    Liabilitas imbalan kerja                                                                                               Short-term employee
      jangka pendek                       91.946.319       91.946.319          58.935.090        58.935.090                 benefits liabilities
    Liabilitas keuangan                                                                                                  Other current financial
      jangka pendek lainnya                  151.172           151.172           9.454.795         9.454.795                         liabilities
    Utang jangka panjang               3.770.554.770     3.774.495.029       2.625.423.799     2.628.190.548                   Long-term debts
    Total Liabilitas Keuangan        12.233.497.312    12.242.207.312     11.804.653.595     11.826.568.208          Total Financial Liabilities
Page 492
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                     Ekshibit E/117                                                               Exhibit E/117


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


37. MANAJEMEN RISIKO KEUANGAN                                           37. FINANCIAL RISK MANAGEMENT

    Liabilitas keuangan pokok Grup terdiri dari utang bank jangka              The financial liabilities of the Group consists of short-term
    pendek, utang usaha, utang lain-lain, beban akrual, liabilitas             bank loans, trade payables, other payables, accrued
    imbalan kerja jangka pendek, liabilitas keuangan jangka                    expenses, short-term employee benefits liabilities, other
    pendek lainnya dan utang jangka panjang. Tujuan utama dari                 current financial liabilities and long-term debts. The main
    liabilitas keuangan adalah untuk mengumpulkan dana bagi                    purpose of these financial liabilities is to raise funds for the
    operasi Grup. Selain itu, Grup juga memiliki berbagai aset                 operations of the Group. The Group also has various financial
    keuangan seperti kas dan setara kas, piutang usaha, piutang                assets such as cash and cash equivalents, trade receivables,
    lain-lain, aset keuangan lainnya yang dihasilkan langsung dari             other receivables, other financial assets which arise directly
    operasinya.                                                                from its operations.

    Risiko utama yang timbul dari instrumen keuangan Grup                      The main risks arising from the Group’s financial instruments
    adalah risiko suku bunga atas nilai wajar dan arus kas, risiko             are fair value and cash flow interest rate risk, foreign
    nilai tukar mata uang asing, risiko kredit dan risiko likuiditas.          exchange rate risk, credit risk and liquidity risk. The
    Kepentingan untuk mengelola risiko ini telah meningkat                     importance of managing these risks has significantly
    secara signifikan dengan mempertimbangkan perubahan dan                    increased in light of the considerable change and volatility in
    volatilitas pasar keuangan baik di Indonesia maupun                        both Indonesian and international financial markets. The
    internasional. Direksi Grup menelaah dan menyetujui                        Group’s Directors review and approve the policies for
    kebijakan untuk mengelola risiko yang dirangkum di bawah                   managing these risks which are summarized below:
    ini:

    Risiko tingkat suku bunga                                                  Interest rate risk

    Risiko suku bunga atas nilai wajar dan arus kas adalah risiko              Fair value and cash flow interest rate risk is the risk that the
    dimana nilai wajar atau arus kas di masa depan yang                        fair value or future cash flows of a financial instrument will
    berfluktuasi karena perubahan tingkat suku bunga pasar. Grup               fluctuate because of changes in market interest rates. The
    terpengaruh risiko perubahan suku bunga pasar terutama                     Group is exposed to the risk of changes in market interest
    terkait dengan utang bank jangka pendek dengan suku                        rates relating primarily to its short-term bank loans. The
    mengambang. Grup mengelola risiko ini dengan melakukan                     Group manages this risk by entering into loan agreement with
    pinjaman dari bank yang dapat memberikan tingkat suku                      bank which gives lower interest rate than other bank.
    bunga yang lebih rendah dari bank lain.

    Tabel berikut ini menunjukkan sensitivitas kemungkinan                     The following table demonstrates the sensitivity to a
    perubahan tingkat suku bunga pinjaman. Dengan asumsi                       reasonably change in interest rates on that portion of loans.
    variabel lain konstan, laba sebelum pajak penghasilan                      With all other variables held constant, the income before
    dipengaruhi oleh tingkat suku bunga mengambang sebagai                     corporate income tax expense is affected through the impact
    berikut:                                                                   on floating rate loans are as follows:

                                                                                  Dampak
                                                         Kenaikan/             terhadap laba
                                                         penurunan            sebelum beban
                                                       dalam satuan                pajak
                                                            poin/               penghasilan/
                                                          Increase/          Effect on income
                                                          decrease            before income
                                                       in basis point          tax expenses
    2024                                                                                                                                    2024
     Rupiah                                                         -100 (         40.470.460 )                                            Rupiah
     Rupiah                                                          100           40.470.460                                              Rupiah
     Ringgit Malaysia                                               -100 (           8.178.954 )                            Malaysian Ringgit
     Ringgit Malaysia                                                100             8.178.954                              Malaysian Ringgit
     Dolar Singapura                                                -100 (           6.574.549 )                             Singapore Dollar
     Dolar Singapura                                                 100             6.574.549                               Singapore Dollar
     Dolar Amerika Serikat                                          -100 (              68.605 )                         United States Dollar
     Dolar Amerika Serikat                                           100                68.605                           United States Dollar
Page 493
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                  Ekshibit E/118                                                               Exhibit E/118


                PT ERAJAYA SWASEMBADA Tbk                                           PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                        NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                               FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                    31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)           (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


37. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                             37. FINANCIAL RISK MANAGEMENT (Continued)

    Risiko tingkat suku bunga (Lanjutan)                                    Interest rate risk (Continued)

    Tabel berikut ini menunjukkan sensitivitas kemungkinan                  The following table demonstrates the sensitivity to a
    perubahan tingkat suku bunga pinjaman. Dengan asumsi                    reasonably change in interest rates on that portion of loans.
    variabel lain konstan, laba sebelum pajak penghasilan                   With all other variables held constant, the income before
    dipengaruhi oleh tingkat suku bunga mengambang sebagai                  corporate income tax expense is affected through the impact
    berikut: (Lanjutan)                                                     on floating rate loans are as follows: (Continued)

                                                                               Dampak
                                                      Kenaikan/             terhadap laba
                                                      penurunan            sebelum beban
                                                    dalam satuan                pajak
                                                         poin/               penghasilan/
                                                       Increase/          Effect on income
                                                       decrease            before income
                                                    in basis point          tax expenses

    2023                                                                                                                                 2023
     Rupiah                                                      -100 (         48.372.461 )                                            Rupiah
     Rupiah                                                       100           48.372.461                                              Rupiah
      Ringgit Malaysia                                           -100 (          6.221.284 )                             Malaysian Ringgit
      Ringgit Malaysia                                            100            6.221.284                               Malaysian Ringgit
      Dolar Singapura                                            -100 (          5.906.509 )                              Singapore Dollar
      Dolar Singapura                                             100            5.906.509                                Singapore Dollar
      Dolar Amerika Serikat                                      -100 (            250.933 )                          United States Dollar
      Dolar Amerika Serikat                                       100              250.933                            United States Dollar

    Risiko nilai tukar mata uang asing                                      Foreign exchange rate risk

    Risiko nilai tukar mata uang asing adalah risiko nilai wajar            Foreign exchange rate risk is the risk that the fair value or
    atau arus kas di masa depan yang berfluktuasi karena                    future cash flows of a financial instrument will fluctuate
    perubahan kurs pertukaran mata uang asing. Grup                         because of changes in foreign exchange rates. The Group’s
    terpengaruh risiko perubahan mata uang asing terutama                   exposure to exchange rate fluctuations results primarily
    berkaitan dengan kas dan setara kas, piutang usaha, piutang             from cash and cash equivalents, trade receivables, other
    lain-lain, utang usaha, utang lain-lain, utang bank jangka              receivables, trade payables, other payables, short-term and
    pendek dan panjang, dan utang sewa pembiayaan dalam mata                long-term bank loan, and finance lease payables
    uang Dolar Amerika Serikat, Ringgit Malaysia, Dolar Singapura,          denominated in United States Dollar, Malaysian Ringgit,
    Yuan China, Dolar Hong Kong dan Poundsterling.                          Singapore Dollar, Chinese Yuan, Hong Kong Dollar and
                                                                            Poundsterling.

    Sebagai akibat transaksi yang dilakukan dengan pembeli dari             As a result of transactions made with the buyer from abroad,
    luar negeri, laporan posisi keuangan konsolidasian Grup dapat           the financial position of the Group may be affected
    dipengaruhi secara signifikan oleh perubahan nilai tukar Dolar          significantly by changes in exchange rate United States
    Amerika Serikat/Rupiah, Ringgit Malaysia/Rupiah, Dolar                  Dollar/Rupiah,      Malaysian   Ringgit/Rupiah,    Singapore
    Singapura/Rupiah,     Yuan     China/Rupiah,    Dolar    Hong           Dollar/Rupiah,      Chinese    Yuan/Rupiah,    Hong     Kong
    Kong/Rupiah dan Poundsterling/Rupiah. Saat ini, Grup tidak              Dollar/Rupiah and Poundsterling/Rupiah. Currently, the
    mempunyai kebijakan formal lindung nilai transaksi dalam                Group does not have any formal hedging policy for foreign
    mata uang asing.                                                        exchange exposure.
Page 494
                                                                                  These Consolidated Financial Statements are Originally
                                                                                              Issued in Indonesian Language


                                                    Ekshibit E/119                                                                Exhibit E/119


                PT ERAJAYA SWASEMBADA Tbk                                                 PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                        AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                              NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                     FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                          31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


37. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                               37. FINANCIAL RISK MANAGEMENT (Continued)

    Risiko nilai tukar mata uang asing (Lanjutan)                              Foreign exchange rate risk (Continued)

    Aset dan liabilitas moneter Grup dalam mata uang asing pada                Monetary assets and liabilities of the Group denominated in
    tanggal 31 Desember 2024 dan 2023 disajikan dalam                          foreign currencies as of 31 December 2024 and 2023 are
    Catatan 34.                                                                presented in Note 34.

    Tabel berikut ini menunjukkan sensitivitas kemungkinan                     The following table demonstrates the sensitivity to a
    perubahan tingkat perubahan Rupiah terhadap Dolar Amerika                  reasonably possible change in the Rupiah exchange rate
    Serikat, Ringgit Malaysia, Dolar Singapura, Yuan China, Dolar              against United States Dollar, Malaysian Ringgit, Singapore
    Hong Kong dan Poundsterling dengan asumsi variabel lain                    Dollar, Chinese Yuan, Hong Kong Dollar and Poundsterling
    konstan, dampak terhadap laba sebelum beban pajak                          with all other variables held constant, the effect to the
    penghasilan adalah sebagai berikut:                                        income before corporate income tax expense is as follows:

                                                                            Dampak terhadap
                                                     Perubahan                laba sebelum
                                                     tingkat Rp/              beban pajak/
                                                      Change in             Effect on income
                                                       Rp rate             before tax expenses
    2024                                                                                                                               2024
     Dolar Amerika Serikat                                          2% (             28.947.201 )                        United States Dollar
     Dolar Amerika Serikat                                         -2%               28.947.201                          United States Dollar
      Ringgit Malaysia                                              2% (             15.801.388 )                           Malaysian Ringgit
      Ringgit Malaysia                                             -2%               15.801.388                             Malaysian Ringgit
      Dolar Singapura                                               2%               14.893.339                              Singapore Dollar
      Dolar Singapura                                              -2% (             14.893.339 )                            Singapore Dollar
      Yuan China                                                    2% (              1.804.307 )                                Chinese Yuan
      Yuan China                                                   -2%                1.804.307                                  Chinese Yuan
      Dolar Hong Kong                                               2% (                  34.321 )                          Hong Kong Dollar
      Dolar Hong Kong                                              -2%                    34.321                            Hong Kong Dollar
      Poundsterling                                                 2% (                  30.530 )                              Poundsterling
      Poundsterling                                                -2%                    30.530                                Poundsterling
    2023                                                                                                                               2023
     Dolar Amerika Serikat                                          2% (             23.686.964 )                        United States Dollar
     Dolar Amerika Serikat                                         -2%               23.686.964                          United States Dollar
      Ringgit Malaysia                                              2% (             12.874.467 )                           Malaysian Ringgit
      Ringgit Malaysia                                             -2%               12.874.467                             Malaysian Ringgit
      Dolar Singapura                                               2%               14.000.591                              Singapore Dollar
      Dolar Singapura                                              -2% (             14.000.591 )                            Singapore Dollar
      Yuan China                                                    2% (                385.169 )                                Chinese Yuan
      Yuan China                                                   -2%                  385.169                                  Chinese Yuan
      Dolar Hong Kong                                               2% (                   3.266 )                          Hong Kong Dollar
      Dolar Hong Kong                                              -2%                     3.266                            Hong Kong Dollar
Page 495
                                                                              These Consolidated Financial Statements are Originally
                                                                                          Issued in Indonesian Language


                                                  Ekshibit E/120                                                              Exhibit E/120


                PT ERAJAYA SWASEMBADA Tbk                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


37. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                               37. FINANCIAL RISK MANAGEMENT (Continued)

    Risiko kredit                                                          Credit risk

    Risiko kredit adalah risiko dimana pihak lawan transaksi gagal         Credit risk is the risk that a counterparty to a financial
    memenuhi kewajibannya berdasarkan instrumen keuangan                   instrument will fail to discharge its obligation and will result
    dan menyebabkan kerugian keuangan. Grup terkena risiko ini             in a financial loss to the other party. The Group is exposed to
    dari kredit yang diberikan kepada pelanggan. Grup hanya                credit risk arising from the credit granted to its customers.
    melakukan transaksi dengan pihak-pihak yang diakui dan                 The Group only trade with recognized and creditworthy
    dapat dipercaya. Hal ini merupakan kebijakan Grup dimana               parties. It is the Group’s policy that all customers who wish
    semua pelanggan yang akan melakukan pembelian secara                   to trade on credit terms are subject to credit verification
    kredit harus melalui prosedur verifikasi kredit. Selain itu,           procedures. In addition, receivable balances are monitored
    posisi piutang pelanggan dipantau secara terus-menerus                 on an ongoing basis to reduce the exposure to bad debts.
    untuk mengurangi kemungkinan piutang yang tidak tertagih.

    Selain dari pengungkapan di bawah ini, Grup tidak memiliki             Other than as disclosed below,            the    Group      has   no
    konsentrasi risiko kredit.                                             concentration of credit risk.

    Kas dan setara kas                                                     Cash and cash equivalents

    Risiko kredit atas penempatan rekening koran dan deposito              Credit risk arising from placements of current accounts and
    dikelola oleh manajemen sesuai dengan kebijakan Grup.                  deposits are managed in accordance with the the Group’s
    Investasi atas kelebihan dana dibatas untuk tiap-tiap bank dan         policy. Investments of surplus fund are limited for each banks
    kebijakan ini dievaluasi setiap tahun oleh Direksi. Batas              and reviewed annually by the Board of Directors. Such limites
    tersebut diterapkan untuk meminimalkan risiko konsentrasi              are set to minimize the concentration of credit risk and
    kredit sehingga mengurangi kemungkinan kerugian akibat                 therefore mitigate financial loss through potential failure of
    kebangkrutan bank-bank tersebut.                                       the banks.

    Piutang                                                                Accounts receivables

    Risiko kredit adalah risiko bahwa Grup akan mengalami                  Credit risk is the risk that the Group will incur a loss arising
    kerugian yang timbul dari pelanggan, klien atau pihak lawan            from its customers, clients or counterparties that fail to
    yang gagal memenuhi kewajiban kontraktual mereka. Tidak                discharge their contractual obligations. There are no
    ada resiko kredit yang terpusat secara signifikan. Grup                significant concentrations of credit risk. The Group manage
    mengelola dan mengendalikan risiko kredit dengan                       and control this credit risk by setting limits on the amount of
    menetapkan batasan jumlah risiko yang dapat diterima untuk             risk it is willing to accept for individual customers and by
    pelanggan individu dan memantau eksposur terkait dengan                monitoring exposures in relation to such limits.
    batasan-batasan tersebut.

    Manajemen Grup menerapkan peninjauan secara berkala                    The Group’s management applies periodically trade
    pada umur piutang usaha dan penagihan untuk membatasi                  receivables aging review and collection to eliminate its credit
    risiko kredit.                                                         risk.

    Tabel dibawah menunjukkan eksposur maksimum risiko kredit              The table below summarize the maximum exposure to credit
    dari piutang usaha - pihak ketiga pada tanggal 31 Desember             risk for from trade receivables - third parties as of
    2024 dan 2023:                                                         31 December 2024 and 2023:

                                                        2024                 2023
    Belum jatuh tempo dan tidak mengalami
      penurunan nilai                                    977.637.721        1.114.283.831                   Neither past due nor impaired
    Telah jatuh tempo dan tidak mengalami
      penurunan nilai                                    108.489.104          233.861.912                       Past due but nor impaired
    Mengalami penurunan nilai                             36.478.649           36.133.678                                        Impaired
    Total                                            1.122.605.474         1.384.279.421                                                Total

    Pada tanggal 31 Desember 2024 dan 2023, seluruh aset                   As of 31 December 2024 and 2023, all of the Group’s financial
    keuangan Grup diklasifikasikan sebagai aset lancar.                    assets are classified as current assets.
Page 496
                                                                                                  These Consolidated Financial Statements are Originally
                                                                                                              Issued in Indonesian Language


                                                                Ekshibit E/121                                                                     Exhibit E/121


                PT ERAJAYA SWASEMBADA Tbk                                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


37. MANAJEMEN RISIKO KEUANGAN (Lanjutan)                                             37. FINANCIAL RISK MANAGEMENT (Continued)

    Risiko likuiditas                                                                      Liquidity risk

    Risiko likuiditas didefinisikan sebagai risiko saat posisi arus                        Liquidity risk is defined as the risk when the cash flow
    kas Grup menunjukkan bahwa pendapatan jangka pendek                                    position of the Group indicates that the short-term revenue
    tidak cukup menutupi pengeluaran jangka pendek.                                        is not enough to cover the short-term expenditure.

    Dalam pengelolaan risiko likuiditas, Grup mengawasi dan                                In the management of liquidity risk, the Group monitor and
    mempertahankan tingkat kas dan setara kas yang dianggap                                maintain a level of cash and cash equivalents deemed
    memadai untuk membiayai operasi Grup dan untuk                                         adequate to finance the Group’s operations and to mitigate
    mengurangi dampak dari fluktuasi arus kas. Grup juga secara                            the effects of fluctuation in cash flows. The Group also
    teratur mengevaluasi proyeksi dan aktual arus kas dan terus-                           regularly evaluates the projected and actual cash flows,
    menerus memantau kondisi pasar keuangan untuk                                          including its long-term loan maturity profiles, and
    mempertahankan fleksibilitas dalam penggalangan dana                                   continuously assess conditions in the financial markets to
    dengan berkomitmen dengan fasilitas kredit tersedia.                                   maintain flexibility in funding by keeping committed credit
                                                                                           facilities available.

    Tabel di bawah merangkum profil jatuh tempo liabilitas                                 The table below summarizes the maturity profile of the
    keuangan Grup pada tanggal 31 Desember 2024 dan 2023:                                  Group’s financial liabilities as of 31 December 2024 and 2023:

                                                                                   2024
                                   Ditarik sewaktu-waktu/         < 1 tahun/       1 - 5 tahun/        > 5 tahun/          Total/
                                         On demand                 < 1 year         1 - 5 years        > 5 years           Total
    Utang bank jangka pendek                             -        2.733.983.958                   -                 -     2.733.983.958         Short-term bank loans
    Utang usaha                              3.869.880.542                    -                   -                 -     3.869.880.542                Trade payables
    Utang lain-lain                          1.657.049.760                    -                   -                 -     1.657.049.760                Other payables
    Beban akrual                               109.930.791                    -                   -                 -       109.930.791              Accrued expenses
    Liabilitas imbalan kerja                                                                                                                     Short-term employee
       jangka pendek                           91.946.319                      -                  -                 -        91.946.319          benefits liabilities
    Utang jangka panjang                                                                                                                              Long-term debts
       Utang bank jangka panjang                            -     1.683.851.747       423.011.844                   -     2.106.863.591       Long-term bank loans
       Liabilitas sewa                                      -       623.460.225       466.912.979                   -     1.090.373.204             Lease liabilities
       Utang obligasi                                       -                 -       573.317.975                   -       573.317.975               Bonds payable
    Total                                  5.728.807.412         5.041.295.930     1.463.242.798                    -   12.233.346.140                         Total


                                                                                   2023
                                   Ditarik sewaktu-waktu/         < 1 tahun/       1 - 5 tahun/        > 5 tahun/          Total/
                                         On demand                 < 1 year         1 - 5 years        > 5 years           Total
    Utang bank jangka pendek                             -        3.962.990.616                   -                 -     3.962.990.616         Short-term bank loans
    Utang usaha                              3.671.374.920                    -                   -                 -     3.671.374.920                Trade payables
    Utang lain-lain                          1.404.285.698                    -                   -                 -     1.404.285.698                Other payables
    Beban akrual                                72.188.677                    -                   -                 -        72.188.677              Accrued expenses
    Liabilitas imbalan kerja                                                                                                                     Short-term employee
       jangka pendek                           58.935.090                      -                  -                 -        58.935.090          benefits liabilities
    Utang jangka panjang                                                                                                                              Long-term debts
       Utang bank jangka panjang                            -       484.171.137       658.946.252                   -     1.143.117.389       Long-term bank loans
       Liabilitas sewa                                      -       427.948.374       499.721.441                   -       927.669.815             Lease liabilities
       Utang obligasi                                       -                 -       554.581.893                   -       554.581.893               Bonds payable
       Utang pembiayaan konsumen                            -            54.702                 -                   -            54.702   Consumer finance payable
    Total                                  5.206.784.385         4.875.164.829     1.713.249.586                    -   11.795.198.800                         Total




38. MANAJEMEN MODAL                                                                  38. CAPITAL MANAGEMENT

    Tujuan utama pengelolaan modal Grup adalah untuk                                       The primary objective of the Group’s capital management is
    memastikan pemeliharaan rasio modal yang sehat untuk                                   to ensure that it maintains healthy capital ratios in order to
    mendukung usaha, pemeringkat pinjaman yang kuat dan                                    support its business, strong credit ratings and maximize
    memaksimalkan imbalan bagi pemegang saham.                                             shareholder value.

    Grup tertentu disyaratkan untuk memelihara tingkat                                     The Company and certain subdiaries are required to maintain
    permodalan tertentu oleh perjanjian pinjaman. Grup telah                               certain level of capital by loan agreement. The Group has
    memenuhi semua persyaratan modal yang ditetapkan oleh                                  complied with all externally imposed capital requirements.
    pihak eksternal.
Page 497
                                                                               These Consolidated Financial Statements are Originally
                                                                                           Issued in Indonesian Language


                                                   Ekshibit E/122                                                              Exhibit E/122


                PT ERAJAYA SWASEMBADA Tbk                                              PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                           NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                  FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                       31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


38. MANAJEMEN MODAL (Lanjutan)                                          38. CAPITAL MANAGEMENT (Continued)
    Selain itu, Grup juga telah disyaratkan oleh Undang-undang              In addition, the Group is also required by the Corporate Law
    No. 40 tahun 2007 tentang Perseroan Terbatas, efektif sejak             No. 40 Year 2007, effective 16 August 2007, to contribute to
    tanggal 16 Agustus 2007, untuk mengalokasikan sampai                    and maintain a non-distributable reserve fund until the
    dengan 20% dari modal saham diterbitkan dan dibayar penuh               reserve reaches 20% of the issued and fully paid share capital.
    ke dalam dana cadangan yang tidak boleh didistribusikan.                These externally imposed capital requirements are
    Persyaratan permodalan eksternal tersebut dipertimbangkan               considered by the Group at the Annual General Shareholders’
    oleh Grup pada Rapat Umum Pemegang Saham.                               Meeting.
    Grup mengelola struktur permodalan dan melakukan                        The Group manage its capital structure and make
    penyesuaian, bila diperlukan, berdasarkan perubahan kondisi             adjustments to it, in light of changes in economic conditions.
    ekonomi. Untuk memelihara dan menyesuaikan struktur                     To maintain or adjust the capital structure, the Group may
    permodalan, Grup dapat menyesuaikan pembayaran dividen                  adjust the dividend payment to shareholders, issue new
    kepada pemegang saham, menerbitkan saham baru atau                      shares or raise debt financing. No changes were made in the
    mengusahakan pendanaan melalui pinjaman. Tidak ada                      objectives, policies or processes for the period ended
    perubahan atas tujuan, kebijakan maupun proses untuk                    31 December 2024 and 2023.
    periode yang berakhir tanggal-tanggal 31 Desember 2024 dan
    2023.
    Grup memantau tingkat permodalan dengan menggunakan                     The Group monitor the level of capital using financial ratio
    ukuran rasio keuangan seperti rasio total utang yang berbeban           such as interest bearing debt to equity ratio of the Company
    bunga terhadap total ekuitas tidak lebih dari 2 (dua) kali pada         to not more than 2 (two) times as of 31 December 2024 and
    tanggal 31 Desember 2024 dan 2023.                                      2023.
    Pada tanggal 31 Desember 2024 dan 2023, rasio total utang               As of 31 December 2024 and 2023, the Group’s interest
    yang berbeban bunga terhadap total ekuitas (tidak diaudit)              bearing debt to equity ratio (unaudited) is as follows:
    Grup adalah sebagai berikut:

                                                         2024                 2023
    Utang bank jangka pendek                           2.733.983.958         3.962.990.616                          Short-term bank loans
    Utang lain-lain - pihak ketiga                       107.161.197           414.428.809                     Other payables - third party
      Bagian utang jangka panjang yang jatuh
        tempo dalam waktu satu tahun                   2.307.311.972           912.174.213           Current maturities of long-term debt
      Utang jangka panjang setelah
        dikurangi bagian yang jatuh
        tempo dalam satu tahun                         1.463.242.798         1.713.249.586     Long-term debt - net of current maturities
    Total Utang yang Berbeban Bunga                   6.611.699.925         7.002.843.224                     Total Interest Bearing Debt
    Total Ekuitas                                     9.057.394.273         8.130.773.615                                     Total Equity
    Rasio Utang yang Berbeban Bunga                                                                               Interest Bearing Debt to
     terhadap Ekuitas (tidak diaudit)                            0,73                  0,86                     Equity Ratio (unaudited)


39. TAMBAHAN INFORMASI ARUS KAS                                         39. SUPPLEMENTARY CASH FLOWS INFORMATION
    Transaksi Non-kas                                                       Non-cash Transactions

                                                         2024                 2023
    Perolehan aset hak-guna                                                                              Acquisition of right-of-use assets
      melalui liabilitas sewa                            734.655.187           778.493.587                       through lease liabilities
    Reklasifikasi aset tetap ke                                                                              Reclassification of fixed asset
      uang muka                                            54.554.025           65.618.182           to advance purchase of fixed assets
    Reklasifikasi uang muka pembelian                                                                 Reclassification of advance purchase
      aset tetap ke aset tetap                             66.024.551           46.041.296                of fixed asset into fixed assets
    Penurunan nilai goodwill                                        -            7.252.429                          Impairment of goodwill
    Pembalikan rugi penurunan nilai aset tetap                523.208            3.490.187          Reversal of impairment of fixed assets
    Penurunan nilai aset keuangan lainnya                  16.270.888                    -            Impairment of other financial assets
    Pembelian aset tetap melalui                                                                       Acquisitions of fixed assets through
      utang lain-lain                                         121.289              205.826                                 other payables
Page 498
                                                                                                      These Consolidated Financial Statements are Originally
                                                                                                                  Issued in Indonesian Language


                                                            Ekshibit E/123                                                                                     Exhibit E/123


                PT ERAJAYA SWASEMBADA Tbk                                                             PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                                          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                                 FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                                      31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


39. TAMBAHAN INFORMASI ARUS KAS (Lanjutan)                                            39. SUPPLEMENTARY CASH FLOWS INFORMATION (Continued)

    Perubahan pada      liabilitas      yang   timbul        dari     aktivitas              Changes in liabilities arising from financing activities
    pendanaan

                                                                                    2024
                                                               Selisih Kurs
                                                               Penjabaran
                                                                 Laporan
                                                               Keuangan/                                Amortisasi
                                                               Difference                                  Biaya
                                                            Foreign Currency                            Transaksi/
                        Saldo Awal/                          Translation of                            Amortisation
                         Beginning        Arus Kas/             Financial         Penambahan/         of Transaction       Beban Bunga/      Saldo Akhir/
                          Balance         Cash Flow            Statements           Additions              Cost          Interest expense   Ending Balance
    Utang bank jangka
       pendek           3.962.990.616 (   1.278.241.128 )           54.004.187                  - (        4.769.717 )                  -     2.733.983.958   Short-term bank loans
    Utang bank jangka
       panjang          1.143.117.389      966.195.071               1.491.390                  - (        3.940.259 )                  -     2.106.863.591   Long-term bank loans
    Utang obligasi        554.581.893                -              18.736.082                  -                  -                    -       573.317.975         Bonds payables
    Utang pembiayaan                                                                                                                                            Consumer financing
       konsumen                54.702 (         54.702)                      -                -                     -                   -                 -            payables
    Liabilitas sewa       927.669.815 (    644.477.882)             15.498.507      724.156.068                     -          67.526.696     1.090.373.204        Lease liabilities

                                                                                    2023
                                                               Selisih Kurs
                                                               Penjabaran
                                                                 Laporan
                                                               Keuangan/                                Amortisasi
                                                               Difference                                  Biaya
                                                            Foreign Currency                            Transaksi/
                        Saldo Awal/                          Translation of                            Amortisation
                         Beginning        Arus Kas/             Financial         Penambahan/         of Transaction       Beban Bunga/      Saldo Akhir/
                          Balance         Cash Flow            Statements           Additions              Cost          Interest expense   Ending Balance
    Utang bank jangka
       pendek           3.491.393.576      458.881.675 (            11.069.204)                 -         23.784.569                          3.962.990.616   Short-term bank loans
    Utang bank jangka
       panjang            467.327.046      676.951.847 (             1.161.504)                 -                  -                          1.143.117.389   Long-term bank loans
    Utang obligasi                  -      585.581.750                       -                  - (       30.999.857 )                          554.581.893         Bonds payables
    Utang pembiayaan                                                                                                                                            Consumer financing
       konsumen               186.153 (        131.451)                      -                -                     -                                54.702            payables
    Liabilitas sewa       874.359.570 (    761.346.439) (            5.909.938)     752.259.439                     -          68.307.183       927.669.815        Lease liabilities




40. PERJANJIAN-PERJANJIAN SIGNIFIKAN                                                  40. SIGNIFICANT AGREEMENTS

    a. Pada tanggal 1 Juli 2014, TAM melakukan Perjanjian                                   a.        On 1 July 2014, TAM entered into a Sales and Supply
       Penjualan dan Penyediaan dengan PT Samsung Electronics                                         Agreement with PT Samsung Electronics Indonesia
       Indonesia (“Samsung”), dimana TAM ditunjuk, secara non-                                        (“Samsung”), whereby TAM was appointed, on a non-
       eksklusif, untuk menjual produk Samsung di Indonesia.                                          exclusive basis, to sell Samsung’s Product in Indonesia.
       Perjanjian diatas telah diperpanjang pada tanggal 26 Mei                                       The above agreement was extended in 26 May 2017. This
       2017. Perjanjian ini berlaku selama 1 (satu) tahun dan                                         agreement is valid for 1 (one) year and will be
       dapat diperpanjang secara otomatis, kecuali salah satu                                         automatically renewed unless either party has given a
       pihak telah memberitahukan keinginan untuk tidak                                               written notice of its intention not to renew the
       memperbaharui perjanjian tersebut melalui surat tertulis                                       agreement at least 30 days prior the end of the term of
       paling lambat 30 hari sebelum berakhirnya periode                                              agreement.
       perjanjian.

   b.    Pada tanggal 10 April 2014, SES menandatangani                                     b.        On 10 April 2014, SES entered into Master Distributor
         perjanjian Master Distributor dengan Apple, dimana SES                                       agreement with Apple, whereby SES was granted the
         dapat membeli dan menjual produk Apple di Indonesia.                                         right to buy and sell Apple’s product in Indonesia. Apple
         Apple menunjuk SES sebagai Master Distributor secara                                         appointed SES as a Master Distributor with non-exclusive
         non-eksklusif. Perjanjian di atas telah beberapa kali                                        rights. The above agreement has been extended several
         diperpanjang, terakhir pada tanggal 12 Desember 2024                                         times, with the latest extension on 12 December 2024,
         dengan masa berlaku sampai dengan 31 Agustus 2026.                                           which is valid until 31 August 2026.
Page 499
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                  Ekshibit E/124                                                            Exhibit E/124


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


40. PERJANJIAN-PERJANJIAN SIGNIFIKAN (Lanjutan)                     40. SIGNIFICANT AGREEMENTS (Continued)
    c. Pada tanggal 10 April 2014, Perusahaan menandatangani           c.   On 10 April 2014, the Company entered into Master
       perjanjian Master Distributor dengan Apple, dimana                   Distributor agreement with Apple, whereby the Company
       perusahaan dapat membeli dan menjual produk Apple di                 was granted the right to buy and sell Apple’s product in
       Indonesia. Apple menunjuk Perusahaan sebagai Master                  Indonesia. Apple appointed Company as a Master
       Distributor secara non-eksklusif. Perjanjian di atas telah           Distributor with non-exclusive rights. The above
       beberapa kali diperpanjang, terakhir pada tanggal                    agreement has been extended several times, with the
       15 November 2024 dengan masa berlaku sampai dengan                   latest extension on 15 November 2024, which is valid
       31 Agustus 2026. Sampai dengan tanggal penyelesaian                  until 31 August 2026. Until the date of the completion of
       laporan keuangan konsolidasian ini, perjanjian ini masih             these consolidated financial statements, this agreement
       dalam proses perpanjangan oleh kedua belah pihak.                    is still in extension process by both parties.
    d. PT Erafone Artha Retailindo (“EAR”), entitas anak,              d.   PT Erafone Artha Retailindo (“EAR”), a subsidiary,
       melakukan perjanjian-perjanjian dengan PT Alfa                       entered into agreements with PT Alfa Retailindo,
       Retailindo, PT Lotte Mart Indonesia, PT Home Credit                  PT Lotte Mart Indonesia, PT Home Credit Indonesia, PT
       Indonesia, PT Gardena Graha, PT Era Blu Elektronik,                  Gardena Graha, PT Era Blu Elektronik, PT Lotte Shopping
       PT Lotte Shopping Indonesia, PT Courts Retail Indonesia,             Indonesia, PT Courts Retail Indonesia, PT Trans Retail
       PT Trans Retail Indonesia, PT Electronic City Indonesia,             Indonesia, PT Electronic City Indonesia, and PT Matahari
       dan PT Matahari Putra Prima Tbk. Berdasarkan perjanjian-             Putra Prima Tbk. Based on the agreements, EAR will
       perjanjian tersebut, EAR akan menyerahkan persediaan                 provide merchandise inventories on consignment basis to
       kepada     perusahaan-perusahaan      tersebut    secara             these companies based on the terms agreed in the
       konsinyasi berdasarkan syarat dan ketentuan tertentu                 contract. The agreements are valid from the date of
       sesuai dengan perjanjian. Perjanjian-perjanjian tersebut             agreement and will expire on various dates within 2023
       berlaku sejak tanggal perjanjian dan akan berakhir pada              and 2024, unless terminated upon written agreement by
       beberapa tanggal selama periode 2023 dan 2024, kecuali               both parties.
       diakhiri dengan perjanjian tertulis oleh kedua belah
       pihak.
    e. Pada tanggal 25 Juli 2012, PT Data Citra Mandiri (“DCM”),       e.   On 25 July 2012, PT Data Citra Mandiri (“DCM”), a
       entitas anak, menandatangani perjanjian dengan Apple,                subsidiary, entered into an agreements with Apple,
       dimana DCM ditunjuk sebagai Authorized Apple Reseller                whereby DCM was appointed as limited and non-exclusive
       terbatas dan non-eksklusif untuk menjual produk dan jasa             Authorized Apple Reseller to sell products and services in
       di Indonesia. Perjanjian diatas telah beberapa kali                  Indonesia. The above agreement has been extended
       diperpanjang, terakhir pada tanggal 26 Juli 2023 dengan              several times, with the latest extension on 26 July 2023,
       masa berlaku sampai dengan 30 April 2026.                            which is valid until 30 April 2026.
    f. Pada tanggal 5 April 2017, SES menandatangani perjanjian        f.   On 5 April 2017, SES entered into dealership agreement
       dealership dengan iFlight Technology Co. Ltd. (“iFlight”),           with iFlight Technology Co. Ltd. (“iFlight”), whereby SES
       dimana SES ditunjuk sebagai non-ekslusif dealer di                   was appointed as a non-exclusive dealer in Indonesia.
       Indonesia. Perjanjian diatas telah diperpanjang pada                 This agreement has been extended on 5 November 2024
       tanggal 5 November 2024 dengan masa berlaku sampai                   which is valid until 3 November 2025.
       dengan 3 November 2025.
    g. Pada tanggal 1 Juli 2023, SES menandatangani perjanjian         g.   On 1 July 2023, SES entered into distribution agreement
       distribusi dengan PT Garmin Indonesia Distribution,                  with PT Garmin Indonesia Distribution, whereby the
       dimana Perusahaan ditunjuk sebagai distributor non-                  Company was appointed as a non-exclusive distributor in
       eksklusif di Indonesia. Perjanjian ini berlaku sampai                Indonesia. This agreement is valid until 31 December
       tanggal 31 Desember 2023 dan otomatis diperpanjang                   2023, and will be automatically extended for 1 (one) year
       untuk periode 1 (satu) tahun, kecuali salah satu pihak               period, unless either party notifies the other in written
       memberitahukan secara tertulis kepada pihak lain                     agreement not less than 3 (three) months prior to the end
       selambat-lambatnya 3 (tiga) bulan sebelum berakhirnya                of the term of agreement.
       jangka waktu perjanjian tersebut.
    h. Pada tanggal 1 April 2020, TAM dan NGA menandatangani           h.   On 1 April 2020, TAM and NGA entered into distribution
       perjanjian distribusi dan retailer dengan TFS Singapore              and retailer agreement with TFS Singapore Private
       Private Limited, dimana TAM ditunjuk sebagai distributor             Limited, whereby TAM was appointed as a distributor and
       dan NGA ditunjuk sebagai retailer di Indonesia. Perjanjian           NGA was appointed as a retailer in Indonesia. This
       ini berlaku 3 (tiga) tahun dari tanggal perjanjian ini,              agreement is valid for 3 (three) years from the date
       kecuali salah satu pihak memberitahukan secara tertulis              hereof, unless either party notifies the other in written
       kepada pihak lain selambat-lambatnya 30 (tiga puluh) hari            agreement not less than 30 (thirty) days prior to the end
       sebelum berakhirnya jangka waktu perjanjian tersebut.                of the term of agreement. There has been no extension
       Sudah tidak dilakukan perpanjangan untuk pejanjian ini               of this agreement in the current year.
       di tahun berjalan.
Page 500
                                                                            These Consolidated Financial Statements are Originally
                                                                                        Issued in Indonesian Language


                                                  Ekshibit E/125                                                            Exhibit E/125


                PT ERAJAYA SWASEMBADA Tbk                                          PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                              FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                   31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


40. PERJANJIAN-PERJANJIAN SIGNIFIKAN (Lanjutan)                     40. SIGNIFICANT AGREEMENTS (Continued)

    i.   Pada tanggal 19 June 2020, Perusahaan melakukan               i.   On 19 June 2020, the Company entered into a Sales and
         Perjanjian Penjualan dan Penyediaan dengan PT Samsung              Supply Agreement with PT Samsung Electronics Indonesia
         Electronics Indonesia (“Samsung”), dimana Perusahaan               (“Samsung”), whereby the Company was appointed, on a
         ditunjuk, secara non-eksklusif, untuk menjual produk               non-exclusive basis, to sell Samsung’s Product in
         Samsung di Indonesia. Perjanjian ini berlaku selama 1              Indonesia.This agreement is valid for 1 (one) year and will
         (satu) tahun dan dapat diperpanjang secara otomatis,               be automatically renewed unless either party has given a
         kecuali salah satu pihak telah memberitahukan keinginan            written notice of its intention not to renew the
         untuk tidak memperbaharui perjanjian tersebut melalui              agreement at least 30 days prior the end of the term of
         surat tertulis paling lambat 30 hari sebelum berakhirnya           agreement.
         periode perjanjian.

    j. Pada tanggal 12 Oktober 2020, SES melakukan Perjanjian          j.   On 12 October 2020, SES entered into a Sales and Supply
       Penjualan dan Penyediaan dengan PT Samsung Electronics               Agreement with PT Samsung Electronics Indonesia
       Indonesia (“Samsung”), dimana SES ditunjuk, secara non-              (“Samsung”), whereby SES was appointed, on a non-
       eksklusif, untuk menjual produk Samsung di Indonesia.                exclusive basis, to sell Samsung’s Product in
       Perjanjian ini berlaku selama 1 (satu) tahun dan dapat               Indonesia.This agreement is valid for 1 (one) year and will
       diperpanjang secara otomatis, kecuali salah satu pihak               be automatically renewed unless either party has given a
       telah    memberitahukan     keinginan    untuk    tidak              written notice of its intention not to renew the
       memperbaharui perjanjian tersebut melalui surat tertulis             agreement at least 30 days prior the end of the term of
       paling lambat 30 hari sebelum berakhirnya periode                    agreement.
       perjanjian.

    k. Pada tanggal 14 Desember 2021, Perusahaan                       k.   On 14 December 2021, the Company signed a cooperation
       menandatangani perjanjian kerjasama dengan PT Xiaomi                 agreement with PT Xiaomi Technology Indonesia
       Technology Indonesia (“Xiaomi”), dimana Perusahaan                   ("Xiaomi"), in which the Company is involved to promote
       dilibatkan untuk mempromosikan dan menjual produk                    and sell Xiaomi's products. The above agreement has been
       milik Xiaomi. Perjanjian di atas telah diperpanjang,                 extended, most recently on 1 June 2022 with a validity
       terakhir pada tanggal 1 Juni 2022 dengan masa berlaku                period until 31 May 2023.
       sampai dengan 31 Mei 2023.

    l.   Pada tanggal 4 Agustus 2021, Perusahaan menandatangani        l.   On 4 August 2021, the Company signed a cooperation
         perjanjian Kerjasama dengan PT Xiaomi Technology                   agreement with PT Xiaomi Technology Indonesia
         Indonesia (“Xiaomi”), dimana Perusahaan dilibatkan                 (“Xiaomi”), in which the Company is involved to promote
         untuk mempromosikan dan menjual produk milik Xiaomi.               and sell Xiaomi’s products. This agreement is valid for 1
         Perjanjian ini berlaku selama 1 (satu) tahun dan dapat             (one) year and will be automatically renewed unless
         diperpanjang secara otomatis, kecuali salah satu pihak             either party has given a written notice of its intention
         telah    memberitahukan      keinginan   untuk    tidak            not to renew the agreement at least 30 days prior the
         memperbaharui perjanjian tersebut melalui surat tertulis           end of the term of agreement.
         paling lambat 30 hari sebelum berakhirnya periode
         perjanjian.
Page 501
                                                                             These Consolidated Financial Statements are Originally
                                                                                         Issued in Indonesian Language


                                                   Ekshibit E/126                                                            Exhibit E/126


                PT ERAJAYA SWASEMBADA Tbk                                            PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                                FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                     31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


41. KEPENTINGAN NONPENGENDALI PADA ENTITAS ANAK                       41. NON-CONTROLLING INTERESTS IN SUBSIDIARIES

    Rincian kepentingan nonpengendali pada entitas anak yang              The details of non-controlling interests in the respective
    dikonsolidasi adalah sebagai berikut:                                 consolidated subsidiaries are as follows:

                                                        2024                2023
    PT Sinar Eka Selaras Tbk                            327.029.231          296.977.502                        PT Sinar Eka Selaras Tbk
    CG Computers Sdn. Bhd.                              303.753.835          236.963.594                        CG Computers Sdn. Bhd.
    PT Mitra Belanja Anda                               165.224.507          138.992.844                          PT Mitra Belanja Anda
    Era Property Holding Pte. Ltd.                       64.779.668           61.939.917                  Era Property Holding Pte. Ltd.
    Era Boga Patiserindo                                 25.630.337           30.513.179                            Era Boga Patiserindo
    PT Aero Inovasi Media                                17.150.000                    -                           PT Aero Inovasi Media
    PT Era Kopi Anda                                     12.969.183           14.029.153                                PT Era Kopi Anda
    Eraspace Pte Ltd                                     11.587.691            4.654.628                               Eraspace Pte. Ltd.
    Erajaya Digital Retail Pte Ltd             (         27.977.134) (        10.687.030)                 Erajaya Digital Retail Pte. Ltd.
    Lain-lain (masing-masing di
      bawah Rp10 miliar)                                 22.994.144           33.988.759                Others (below Rp10 billion each)
    Total                                              923.141.462          807.372.546                                               Total


42. PERISTIWA SETELAH TANGGAL PELAPORAN                               42. EVENT AFTER REPORTING PERIOD

    PT Era Dealer Otomotif (”EDO”)                                        PT Era Dealer Otomotif (”EDO”)

    Berdasarkan Akta Notaris Hana Badrina, S.H., M.Kn.,                   Based on Notarial Deed Hana Badrina, S.H., M.Kn., No. 4, on
    No. 4, pada tanggal 5 Maret 2025, Perusahaan mendirikan               5 March 2025, the Company established PT Era Dealer
    PT Era Dealer Otomotif melalui SES, dimana SES memiliki               Otomotif through SES, in which SES owned 99.99% ownership
    99,99% kepemilikan pada PT Era Dealer Otomotif.                       interests in PT Era Dealer Otomotif.

    Modal yang disetorkan oleh SES adalah sebesar Rp24.999.000,           The capital contribution made by SES amounted to
    sedangkan setoran modal dari kepentingan nonpengendali                Rp24,999,000, while the capital contribution from the non-
    adalah sebesar Rp1.000.                                               controlling interests is amounted to Rp1,000.

    Era Property Holding Pte. Ltd. (“EPH”)                                Era Property Holding Pte. Ltd. (“EPH”)

    Pada tanggal 4 Februari 2025, para pemegang saham EPH                 On 4 February 2025, the shareholders of EPH approved the
    menyetujui peningkatan modal ditempatkan dan disetor                  increase in issued and fully paid share capital from
    penuh dari $Sin11.525.000 yang terdiri dari 11.525.000 saham          Sin$11,525,000 which consist of 11,525,000 shares to become
    menjadi $Sin11.621.000 yang terdiri dari 11.621.000 saham.            Sin$11,621,000 which consist of 11,621,000 shares. The
    Peningkatan modal ditempatkan dan disetor penuh tersebut              increase in issued and fully paid share capital is
    diambil secara proporsional oleh para pemegang saham EPH,             proportionately taken by the shareholders of EPH, therefore,
    sehingga presentase kepemilikan para pemegang saham EPH               the percentage of ownership of each shareholders of EPH did
    tidak berubah.                                                        not change.

    Eraspace Pte. Ltd.                                                    Eraspace Pte. Ltd.

    Pada tanggal 17 Februari 2025, EH dan Transworld Electronic           On 17 February 2025, EH and Transworld Electronic
    Technology Limited ("Transworld") melakukan setoran modal             Technology Limited ("Transworld") made another capital
    ke Eraspace di mana EH berkontribusi sebesar $AS231.000 dan           contribution to Eraspace where EH contributes Sin$231,000
    Transworld berkontribusi sebesar $AS124.000. Setelah                  and Transworld contributes Sin$124,000. After the share
    peningkatan modal tersebut, persentase kepemilikan EH pada            increase, EH ownership in Eraspace remains at 65%.
    Eraspace tetap sebesar 65%.
Page 502
                                                                           These Consolidated Financial Statements are Originally
                                                                                       Issued in Indonesian Language


                                                 Ekshibit E/127                                                            Exhibit E/127


                PT ERAJAYA SWASEMBADA Tbk                                         PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                             FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                  31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)         (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


42. PERISTIWA SETELAH TANGGAL PELAPORAN (Lanjutan)                 42. EVENT AFTER REPORTING PERIOD (Continued)

    PT Chagee Era Indonesia                                             PT Chagee Era Indonesia

    Berdasarkan Akta Notaris Dr. Sugih Haryati, S.H., M.Kn.,            Based on Notarial Deed Dr. Sugih Haryati, S.H., M.Kn.,
    No. 41, pada tanggal 12 Februari 2025, Perusahaan dan Tea           No. 41, on February 12, 2025, the Company and Tea Explorer
    Explorer Pte. Ltd. mendirikan PT Chagee Era Indonesia               Pte. Ltd. established PT Chagee Era Indonesia through EBN,
    melalui EBN, dimana EBN memiliki 40% kepemilikan pada               in which EBN owned 40% ownership interests in PT Chagee Era
    PT Chagee Era Indonesia.                                            Indonesia.

    PT Bank CIMB Niaga Tbk                                              PT Bank CIMB Niaga Tbk

    Berdasarkan akta perubahan kedua atas perjanjian kredit             Based on the second deed of amendment to the MBA credit
    MBA, entitas anak dengan CIMB Niaga, MBA memperoleh                 agreement, a subsidiary with CIMB Niaga, MBA obtained an
    fasilitas kredit Pinjaman Investasi 2 “PI 2”, dengan pagu           Pinjaman Investasi 2 “PI 2” credit facility, with a credit limit
    kredit sebesar Rp175.000.000, Pinjaman Rekening Koran               of Rp175,000,000, Pinjaman Rekening Koran “PRK” with an
    “PRK” dengan pagu kredit semula Rp25.000.000 menjadi                initial credit limit of Rp25,000,000 to Rp40,000,000.
    Rp40.000.000.

    Fasilitas-fasilitas di atas dijamin dengan aset tetap MBA           These facilities are secured by fixed assets of MBA amounting
    sebesar Rp140.800.000 dan persediaan sebesar Rp52.100.000.          to Rp140,800,000 and inventories of Rp52,100,000.

    Berdasarkan perubahan perjanjian pinjaman diatas, fasilitas         Based on the latest amendment of the loan agreement, the
    pinjaman di atas berlaku sampai dengan 15 Agustus 2025.             above credit facilities are valid until 15 August 2025.

    PT Bank Central Asia Tbk                                            PT Bank Central Asia Tbk

    Pada tanggal 15 Januari 2025, Perusahaan telah melunasi             On 15 January 2025, the Company has paid off the long-term
    utang jangka panjang atas fasilitas Time Loan 2 dengan pokok        debt for Time Loan 2 facility with principal and interest
    dan bunga sebesar Rp1.003.826.389.                                  amounting to Rp1,003,826,389.

    PT Bank CTBC Indonesia                                              PT Bank CTBC Indonesia

    Pada tanggal 15 Januari 2025, Perusahaan telah melunasi             On 15 January 2025, the Company has paid off the long-term
    utang jangka panjang atas Perjanjian Fasilitas Kredit dengan        debt for Credit Facility Agreement with principal amounting
    pokok sebesar Rp250.000.000.                                        to Rp250,000,000.

    Perubahan Dewan Komisaris dan Direksi                               Changes in Board of Commissioners and Directors

    Pada tanggal 19 Maret 2025, susunan Dewan Komisaris dan             As of 19 March 2025, the composition of the Company’s
    Direksi berdasarkan Rapat Umum Pemegang Saham Luar Biasa            Boards of Commissioners and Directors based on the
    yang diresumekan oleh R. M. Dendy Soebangil, S.H., M.Kn.,           Extraordinary Shareholders’ General Meeting which was
    adalah sebagai berikut:                                             resumed by R. M. Dendy Soebangil, S.H., M.Kn., are as
                                                                        follows:

    Dewan Komisaris                                                                                           Board of Commissioners
    Komisaris Utama                                     Alexander Halim Kusuma                                 President Commissioner
    Komisaris                                            Andreas Harun Djumadi                                           Commissioner
    Komisaris                                              Richard M. Harjani                                            Commissioner
    Komisaris                                            Richard Halim Kusuma                                            Commissioner
    Komisaris Independen                                      Lim Bing Tjay                                 Independent Commissioner
    Komisaris Independen                               I Gusti Putu Suryawirawan                            Independent Commissioner

    Direksi                                                                                                          Board of Directors
    Direktur Utama                                           Budiarto Halim                                           President Director
    Wakil Direktur Utama                                        Hasan Aula                                       Vice President Director
    Wakil Direktur Utama                                       Joy Wahjudi                                       Vice President Director
    Direktur                                                  Sim Chee Ping                                                     Director
    Direktur                                                Sintawati Halim                                                     Director
    Direktur                                                 Djohan Sutanto                                                     Director
    Direktur                                                 Jong Woon Kim                                                      Director
    Direktur                                               Patrick Adhiatmaja                                                   Director
Page 503
                                                                         These Consolidated Financial Statements are Originally
                                                                                     Issued in Indonesian Language


                                                Ekshibit E/128                                                           Exhibit E/128


                PT ERAJAYA SWASEMBADA Tbk                                        PT ERAJAYA SWASEMBADA Tbk
                   DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                UNTUK TAHUN YANG BERAKHIR                                            FOR THE YEAR ENDED
                     31 DESEMBER 2024                                                 31 DECEMBER 2024
  (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)        (Expressed in Thousands of Rupiah, Unless Otherwise Stated)


42. PERISTIWA SETELAH TANGGAL PELAPORAN (Lanjutan)                42. EVENT AFTER REPORTING PERIOD (Continued)

    Perubahan Komite Audit                                            Changes in Audit Committee

    Susunan Komite Audit Perusahaan pada tanggal 19 Maret 2025        The composition of the Company’s Audit Committee as
    adalah sebagai berikut:                                           19 March 2025 are as follows:

    Ketua                                             I Gusti Putu Suryawirawan                                               Chairman
    Anggota                                        John Piter Halomoan Situmorang                                              Member
    Anggota                                           Khoe Minhari Handikusuma                                                 Member

    Surat Ketetapan Pajak                                             Tax Assessment Letters

    Berdasarkan Surat Ketetapan Pajak Lebih Bayar (SKPLB) Pajak       Based on Notice of Overpayment Assessment (SKPLB)
    Penghasilan No. 00016/406/23/054/24 tahun pajak 2023              No. 00016/406/23/054/24 for fiscal year 2023 dated
    tanggal 12 Desember 2024, Perusahaan memperoleh                   12 December 2024, the Company obtained amounting to
    Rp1.276.285.864 dan di kompensasi utang pajak Perusahaan          Rp1,276,285,864 and compensated the Company's tax payable
    sebesar Rp266.929. Perusahaan telah menerima lebih bayar          amounting to Rp266,929. The Company has received the
    pajak penghasilan tersebut sebesar Rp 1.276.018.935 pada          overpayment of income tax amounting to Rp 1,276,018,935
    tanggal 15 Januari 2025.                                          on 15 January 2025.
Page 504
Halaman ini sengaja dikosongkan.
This page is intentionally left blank.
Page 505
2024
L A P O R A N TA HU NA N
Annual Report




SUSTAINING ACE
PERFORMANCE




PT Erajaya Swasembada Tbk

Erajaya Plaza
Jl. Bandengan Selatan No. 19-20
Pekojan - Tambora, Jakarta Barat
11240, Indonesia
P +62 21 690 5788
F +62 21 690 5789

erajaya.com

File

File Open PDF
Source IDX
Size20.55 MB
Published5 May 2025
Pages505
Characters2,640,757
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 286 people and organisations named in the text · linked when the evidence is strong

linked org Erajaya Digital p.3 ×71
linked org MST Golf Indonesia p.19 ×9
linked person Djohan Sutanto · Direktur p.23 ×20
linked org Fortune Indonesia p.28 ×3
linked person Richard Halim Kusuma · Komisaris p.32 ×43
linked person Keith Ardy Hady Wijaya · Director p.37 ×122
linked person Alexander Halim Kusuma · Komisaris Utama p.37 ×9
linked person Budiarto Halim · Direktur Utama p.40 ×46
linked person Patrick Adhiatmadja · Direktur p.47 ×11
linked person Jong Woon Kim · Direktur p.48 ×14
linked person Joy Wahjudi · Wakil Direktur Utama p.48 ×8
linked person Hasan Aula · Wakil Direktur Utama p.49 ×40
linked person Sintawati Halim · Direktur p.49 ×37
linked person Sim Chee Ping · Direktur p.49 ×17
linked person I Gusti Putu Suryawirawan · Komisaris Independen p.50 ×19
linked org PT Eralink International p.58 ×4
linked org PT Data Citra Mandiri p.64 ×15
linked org PT Erafone Artha Retailindo p.64 ×28
linked org PT Era Boga Patiserindo. p.64 ×9
linked org PT Era Gaya Indonesia. p.65 ×13
linked org PT Era Boga Kari. p.65 ×4
linked org PT Era Kopi Anda. p.65 ×15
linked org PT Era Boga Pretzel. p.65 ×10
linked org Sinar Eka Selaras Tbk p.65 ×34
linked org PT Era Prima Indonesia p.65 ×19
linked org PT Teletama Artha Mandiri p.65 ×26
linked org PT Era Caring Indonesia. p.65 ×9
linked org Era Boga Nusantara p.67 ×16
linked org Erajaya Holding p.67 ×13
linked org PT Era Sukses Abadi p.67 ×14
linked person Khoe Minhari Handikusuma p.71
linked person Dadang Mulyana p.71
linked org Indika Energy Tbk p.79 ×5
linked org Venturistic Mobile Network p.81 ×4
linked org PT Era Prima Medika p.81 ×7
linked org PT Puspita Bisnispuri p.81 ×3
linked org PT Era Maju Terus p.82 ×9
linked org PT Mandiri Sinergi Niaga p.82 ×7
linked org PT Era Gaya Distribusi p.82 ×7
linked org XL Axiata Tbk p.83 ×29
linked org Era Property Holding Pte.Ltd. p.84 ×4
linked org PT Trikomsel Oke p.85 ×3
linked org PT Mitra Belanja Halal p.109
possible org Erajaya Swasembada Tbk · Commissioner p.4 ×596
possible person Elly · Director p.37 ×12
possible org Erajaya Swasembada Swasembada Tbk p.50 ×2
possible org Negara Republik Indonesia p.55 ×3
possible org Bursa Efek Indonesia p.56 ×2
possible person Hendra Wijaya p.71
possible org Otoritas Jasa Keuangan p.72
possible org PT Agung Sedayu. p.75 ×2
possible org Krakatau Steel (Persero) Tbk p.78 ×8
possible org Petrosea Tbk p.79 ×4
possible org Eraspace Ltd. p.81 ×4
possible person Sutomo · Akuntan Publik p.112
possible — Djumadi · Independent Commissioner p.186 ×2
unresolved person Whistleblowing System · Komisaris p.5
unresolved — p o j k .03/2017 p.5
unresolved org Direktorat Jenderal Bea dan Cukai p.18
unresolved org Kementerian Keuangan RI p.18
unresolved org Directorate General of Customs and Excise p.18
unresolved org Ministry of Finance p.18
unresolved org Kementerian Pendidikan p.24
unresolved org Kementerian Ketenagakerjaan p.24
unresolved org Ministry of Education p.24
unresolved org Ministry of Manpower p.24
unresolved org PT TAM After Sales Team p.26
unresolved org PT Erajaya p.33 ×6
unresolved org Swasembada Tbk p.33 ×6
unresolved org Bank Indonesia p.35
unresolved person Mitchella p.37
unresolved person Suryawirawan · Komisaris Independen p.39
unresolved org CARiNG Pharmacy Retail Management Sdn Bhd p.43
unresolved person Mitchella Ardy Hady Wijaya · Direktur p.47 ×15
unresolved person Vice · President Director p.48 ×23
unresolved person Myra Yuwono · Notaris p.55 ×6
unresolved org Minister of Menteri Kehakiman p.55
unresolved person R.M. Dendy Soebangil · Notaris p.55 ×13
unresolved org Indonesia Stock Exchange p.56 ×2
unresolved person Amelia Allen · Sekretaris Perusahaan p.59
unresolved org Computers Sdn Bhd. p.64
unresolved org CG Computers Sdn Bhd. p.64 ×7
unresolved org Era International Network Pte. Ltd. p.64 ×8
unresolved org International Network Pte. Ltd. p.64
unresolved org PT Erafone p.64
unresolved org PT Mitra Internasional Indonesia. p.64
unresolved org PT Nusa Abadi Sukses Artha. p.64 ×8
unresolved org PT Erablu Elektronik. p.64 ×2
unresolved org PT JDSports p.64 ×2
unresolved org PT JDSports Fashion Indonesia. p.64
unresolved org PT Era Active Indonesia. p.64
unresolved org PT Era Farma Indonesia. p.64 ×5
unresolved org PT Sinar Era Aktif. p.65 ×2
unresolved org PT Sinar Era Active. p.65
unresolved org PT Era Boga Pretzel. B. DISTRIBUSI p.65
unresolved org PT Multi Media Selular p.65 ×12
unresolved org PT Perkasa Prima Sentosa p.65 ×2
unresolved org PT Era Prima p.65 ×3
unresolved org PT JDSports Distribution. Distribution. p.65
unresolved org PT Era Inovasi Otomotif. p.65 ×5
unresolved org PT Amtrust p.66
unresolved org PT Amtrust Mobile Mobile Solutions Indonesia. p.66
unresolved org PT Azec Indonesia p.66 ×2
unresolved org PT Azec Indonesia Management Services Management Services p.66
unresolved org PT Data Tekno Data Tekno Indotama. p.66
unresolved org PT Era Boga Nusantara Erajaya Plaza p.67
unresolved org Indonesia Erajaya Holding Pte Ltd p.67
unresolved org PT Nusa Gemilang Abadi p.67 ×5
unresolved org PT Indonesia Orisinil Teknologi p.67 ×3
unresolved org PT Azec Indonesia Management Services p.67 ×3
unresolved person Grup CFO · Direktur p.70
unresolved org Financial Services Authority p.72
unresolved org PT Era Sukses Abadi. Warganegara p.74
unresolved org PT Era Industri Otomotif p.75 ×2
unresolved org PT Agung Sedayu. Pengalaman Kerja Professional Background Warganegara p.75
unresolved person Citizenship · Direktur p.75
unresolved org PT Elang Perdana p.75 ×2
unresolved org PT KIA Mobil Indonesia p.75 ×7
unresolved org PT KIA Indonesia Motor p.76 ×3
unresolved org PT KIA Citizenship p.76
unresolved org Menteri Koordinator p.78
unresolved org Kementerian Koordinator Bidang Perekonomian Republik Indonesia p.78
unresolved org Krakatau Suryawirawan Steel (Persero) Tbk p.78 ×2
unresolved org Indospring Tbk p.78 ×4
unresolved org Kementerian Perindustrian · Direktur p.78
unresolved org Milik Negara p.78
unresolved org PT Rekayasa Industri p.78 ×2
unresolved org PT Krakatau Engineering p.78 ×2
unresolved org Ministry of Industry p.78
unresolved org Minister of Industry p.78
unresolved org State-Owned Enterprises · Commissioner p.78
unresolved org PT Richardina Catur Lestari. CEO p.79
unresolved org PT Richardina Catur Lestari. p.79
unresolved org Rimo Catur Lestari Tbk p.79 ×4
unresolved org PT Truba Alam Manunggal Warganegara p.79
unresolved org PT Truba Alam Manunggal Engineering Citizenship p.79
unresolved org PT Truba Jaya Engineering p.79 ×4
unresolved org PT Cakra Ventura p.79 ×2
unresolved org PT Truba Alam Manunggal Engineering p.79
unresolved org PT Truba Alam Usia p.79
unresolved org Venturistic Mobile Sdn.Bhd. p.81
unresolved org Erajaya Digital Retail Pte.Ltd. p.81 ×6
unresolved org Era Tech Ltd. p.81
unresolved org Techero Sdn.Bhd. p.81 ×5
unresolved org Erafone Retails Malaysia Sdn.Bhd. p.81 ×3
unresolved org Communication Pte.Ltd. p.81
unresolved org Erafone Retails Concept Sdn.Bhd. p.81
unresolved org Malaysia Sdn.Bhd. p.81 ×2
unresolved org Switch Concept Sdn.Bhd. p.81 ×3
unresolved org Switch Malaysia Sdn.Bhd. p.81 ×4
unresolved org Urban Republic Sdn.Bhd. p.81 ×3
unresolved org PT Era Boga p.81 ×3
unresolved org PT Jagad Utama Lestari p.81 ×4
unresolved org PT Mitra International p.81 ×3
unresolved org PT Nusa Abadi Sukses Artha Distribusi p.81
unresolved org PT Nusa Abadi Sukses Indonesia p.81
unresolved org PT Prakarsa Prima Sentosa p.81 ×6
unresolved org PT Era Aktif Gaya Indonesia p.81
unresolved org PT Mega Mulia Servindo p.81
unresolved org PT Mega Mulia p.81 ×2
unresolved org PT Sushi-Tei Indonesia p.81 ×2
unresolved org PT Erafone Dotcom p.81 ×6
unresolved org PT Data Tekno p.81
unresolved org PT Data Tekno Indofarma p.81
unresolved org PT Data Nusa Abadi Sukses Artha p.81
unresolved org PT JD Sports Fashion Distribution p.81 ×2
unresolved org PT JD Sports Fashion Era Gaya Aktif. p.81
unresolved org PT Era Gaya Aktif. Pengalaman Kerja Professional Background p.81
unresolved — Gaya Aktif. Pengalaman Kerja Professional Background Sebelumnya · Direktur p.81
unresolved org PT Mobile World Indonesia p.81
unresolved org PT Mobile p.81 ×3
unresolved org PT Kia p.81
unresolved — Mitchella Hady Wijaya · Direktur p.81
unresolved — Ketih Ardy Hady · Direktur p.81
unresolved — Wijaya · Director p.81
unresolved org PT Citra Anugrah Sukses Abadi. p.82 ×2
unresolved org PT Erafone Dotcom. Vice p.82
unresolved org PT Era Sinar Aktif p.82
unresolved org PT MST Golf Distribution. p.82
unresolved org PT Mitra International Indonesia Distribusi p.82 ×2
unresolved org PT Nusa Abadi Sukses Artha Distribusi Indonesia p.82 ×4
unresolved org PT Mitra International Warganegara p.82
unresolved org PT Era Gaya Citizenship p.82
unresolved org PT Era Inovatif Otomotif p.82 ×2
unresolved org PT Aero Inovasi Media. Indonesia p.82
unresolved org PT MST Golf Distribution. Year p.82
unresolved org PT Mitra International Indonesia p.82 ×4
unresolved org PT Aero Inovasi Media. Lahir p.82
unresolved org PT Nokia Mobile Phones Indonesia p.82 ×4
unresolved org PT Nokia Mobile Phones Indonesia. Previously p.82
unresolved org PT Nokia Mobile Phones Indonesia. Hubungan Afiliasi Affiliation p.82
unresolved org PT Nusa Abadi Sukses Artha. Vice p.83
unresolved org Era Tech Communication Pte.Ltd. p.83 ×4
unresolved org PT Era Blu Elektronik p.83 ×2
unresolved org PT Satera Manajemen Persada Indonesia. Citizenship p.83
unresolved org PT Satera Manajemen Persada Indonesia. Pengalaman Kerja Professional p.83
unresolved org PT Mobile Selular Indonesia p.83 ×2
unresolved org PT Nusa Abadi Sukses Artha. Warganegara p.84
unresolved org Citizenship Erajaya Swasembada Pte.Ltd. p.84
unresolved org PT Nusa Abadi Sukses Artha. Usia p.84
unresolved org PT Era Gaya Aktif p.85 ×2
unresolved org PT Aero Inovasi Media. p.85
unresolved org PT Sinar Era Aktif. Currently p.85
unresolved org PT JDSports Fashion Distribution p.85
unresolved org PT JDSports Fashion Indonesia. Warganegara p.85
unresolved org PT MST Golf Indonesia. Citizenship p.85
unresolved — Domisili Sebelumnya · Direktur p.85
unresolved org PT Panggung Electric Citrabuana p.85 ×2
unresolved person Boga Pretzel · Director p.86
unresolved org PT Era Caring Indonesia. Warganegara p.86 ×2
unresolved org PT Blackhawk Network Indonesia p.86 ×2
unresolved org PT Boltech Device Protection Citizenship p.86
unresolved org Domisili Tech Communication Pte.Ltd. p.86
unresolved org PT Boltech Device Protection p.86
unresolved org PT AZEC Indonesia Management Service p.86 ×2
unresolved org PT Satera Manajemen Persada Indonesia. p.87 ×2
unresolved org PT Teletama Artha Mandiri. Warganegara p.87
unresolved org PT LG Electronics Indonesia p.87 ×2
unresolved org Departemen Penjualan Domestik p.87
unresolved org PT Era Fit Indonesia p.88 ×2
unresolved org PT Era Farma Medika. p.88
unresolved org PT Era Farma Medika. Citizenship Pengalaman Kerja Indonesia p.88
unresolved person Background · Direktur p.89 ×2
unresolved person Domisili · Direktur p.89 ×2
unresolved person Richard M. Bapak Richard M. Harjani · Komisaris p.91 ×26
unresolved person Keith Ardy Wijaya p.92
unresolved org Minister of Law p.93
unresolved org Menteri Hukum Republik Indonesia p.93
unresolved person Ipar p.94
unresolved org PT Eralink Internasional p.97 ×3
unresolved person Rebecca Halim p.97 ×2
unresolved — erajaya.com p.97
unresolved — Institusi p.98 ×2
unresolved — Institution p.98 ×2
unresolved org PT Eralink International Treasury Stock p.100
unresolved org PT Erafone Artha p.102
unresolved org PT Indonesia Orisinil p.102
unresolved org PT Teletama Artha p.103
unresolved org PT Nusa Abadi Sukses p.103 ×2
unresolved org PT Prakarsa Prima p.103
unresolved org PT Mandiri Sinergi p.103
unresolved org PT Prima Pesona p.103
unresolved org PT Citra Kreativa p.103
unresolved org PT Multi Media p.104
unresolved org PT Nusa Gemilang p.104
unresolved org PT Jagad Utama p.104
unresolved org PT Surya Andra p.104
unresolved org PT Urogen Advanced p.104
unresolved org PT Prima Pesona Prakarsa p.105 ×2
unresolved org PT Satera Manajemen p.105
unresolved org Pte. Ltd. p.106 ×3
unresolved org PT Era Gaya p.107
unresolved org PT Master Selam p.107
unresolved org PT JDSports Fashion p.107 ×2
unresolved org PT Aero Inovasi p.107
unresolved org PT Era Mode p.107
unresolved org PT Era Gaya Selaras p.107
unresolved org PT Era Busana p.107
unresolved org PT Mitra Internasional p.108
unresolved org PT Bolttech Device p.110
unresolved org Eravest Holding Pte. Ltd. p.110 ×2
unresolved org PT Sushi-Tei p.110
unresolved org Tanubrata Sutanto Fahmi Bambang & Rekan · Kantor Akuntan Publik p.112 ×2
unresolved person CPA p.112 ×3
unresolved person Akuntan Publik Sutomo p.112
unresolved person Public Accountant Sutomo p.112
unresolved org Tanubrata Sutanto Fahmi Bambang p.112
unresolved org Public Accouting Firm Tanubrata Sutanto Fahmi Bambang & Rekan p.112
unresolved org PT Era Dealer Otomotif p.151 ×3
unresolved org PT Era Diealer Otomotif p.151
unresolved org PT Chagee Era Indonesia p.151 ×4
unresolved org Tea Explorer Pte. Pte. Ltd. p.151
unresolved org PT Chagee p.151
unresolved org PT Chagee Era Indonesia. Era Indonesia. p.151
unresolved — Policy on Communication p.178
unresolved person Michella Ardy Hady Wijaya · Director p.183 ×2
unresolved — dipimpin oleh Bapak Lim Bing Tjay selaku · Pimpinan Rapat p.183 ×15
unresolved org PT Raya Saham Registra p.183 ×4
unresolved person Soebangil p.183 ×3
unresolved — dipimpin oleh Lim Bing Tjay seku · Pimpinan Rapat p.186
unresolved person Joy Wahyudi · President Director p.188 ×4
unresolved — dipimpin oleh Bapak Andreas Harun Djumadi · Pimpinan Rapat p.189 ×25
unresolved person Akta Berita Acara RUPST · Direktur Utama p.190
unresolved person Akta Pernyataan Keputusan RUPST · Direktur p.190
unresolved person Akta Berita Acara RUPSLB · Direktur p.190

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