20250502_PTSN_Laporan Informasi dan Fakta Material_31881791_lamp2.pdf

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA

TEL. (62-778) 570 8888 (HUNTING) 3 3 El

Hg ea 0 ses| @ SS “» SGS

The Company intends to seek approval from the Company's shareholders for the addition of the Company's business
activites (“Changes (Addition) of Business Activities”) with an estimated time schedule as follows:

| No Activities | Dated

|4 | Notification of the plan for Extraordinary General Meeting of Shareholders (“EGMS”) |” 23 April 2025
through the website of PT Bursa Efek Indonesia (“Stock Exchange”) to the Financial
Services Authority (“OJK”)

2 Announcement of the EGMS to the Company's shareholders through the Stock 2 May 2025
Exchange's website, eASY.KSEI website, and the Company's website.

3 | Announcement of Disclosure of Information and providing of data regarding Changes 2 Mei 2025
(Addition) of Business Activities through the Stock Exchange website and Company's
website.

4 Invitation of the EGMS to Company's shareholders throught the Stock Exchange 19 May 2025
website, eASY.KSEI website, and the Company's website.

5 | TheEGMS day 10 June 2025

6 Announcement of the summary of result of the EGMS throught the StockExchange 12 June 2025
website and Company's website. |

IMPLEMENTATION OF EGMS

In accordance with applicable laws and regulations, the plan to Change of Business Activities as described in this
Disclosure of Information will seek approval from the Company's shareholders at the EGMS on June 10, 2025.
Notification of the EGMS is announced through eASY.KSEI via link https://akses.ksei.co.id, Indonesia Stock Exchange
website, and the Company's website www.satnusa.com on May 2, 2025. Shareholders who are entitled to attend or be
represented at the Meeting are shareholders whose names are registered in the Company's Register of Shareholders
and/or the owner of the Company's share balance in the securities sub-account at the Collective Custody of PT
Kustodian Sentra! Efek Indonesia (KSEI) at the close of share trading on the Indonesia Stock Exchange on May 16,
2025. For shareholders who are unable to attend the EGMS, can give their power of attorney to other parties according
to with the provisions stipulated in the invitation for the Company's EGMS no later than 1 (day) working days before
the EGMS is held.

Attendance guorum and decision guorum of the EGMS for Change of Business Activities plan will be carried out under
the following conditions:

a. Referring to the Company's article of association, the GMS may be held if attended by shareholders who have
represented more than 2/3 (two third) of the total number of shares with valid voting righst issued by the
Company and approved by the shareholders representing more than 2/3 (two third) of the total number of
shares with valid voting right present at the GMS.

b. If the attendance guorum as described in point a above is not fulfill, then a second GMS may beheld if it is
attended by shareholders who own shares representing at least 3/5 (three fifths) of the total number of
shares with valid voting rights issued by Company, and approved by shareholders who have shares
representing more than 1/2 (one-half) of the number of valid voting rights present at the GMS.

PTS

SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER

JALAN PELITA VI NO. 99, BATAM 29449, KEPULAUAN RIAU - INDONESIA

TEL. (62-78) 570 8888 (HUNTING) 8 GG
E-mail: info@satnusa.com Aas
http : /wwwsatnusa.com

1. Changes to the Purpose and Objectives and Business Activities of the Company in order to add the Indonesian

If the attendance guorum as described in point b above is not fulfill, then the third GMS may beheld with the
provision that the third GMS is valid and has the right to make decisions if it is attended by shareholders of
shares with valid voting rights within the guorum of attendance and guorum of decisions determined by OJK

on Company application.
The agenda for the EGMS to be held on June 10, 2025 is as follows:

Standard Classification of Business Fields (KBLI).

I. INTRODUCTION

A. Company's Business Activities

The Company is a company engaged in the electronic assembly service industry. In accordance with the Deed of
Statement of Meeting Resolutions No. 78 dated 29 May 2023, made before Soehendro Gautama, S.H., M.Hum.,
Notary in Batam, which has received approval from Menkumham No. AHU-0031989.AH.01.02.Tahun 2023 dated 9
June 2023, the Company currently has 18 (eighteen) Business Activities with details of the Indonesian Business

Field Standard Classification (KBLI) as follows:

1 27201 Battery Industry

2 26320 Wireless Communication Eguipment Industry

3 22293 Industrial goods and engineering eguipment/plastic industry

4 26399 Other Communication Eguipment Industry

s TEA Audio and Video Recording, Receiving and Multiplier Eguipment Industry, Not
Television Industry

6 26210 Computer Industry and/or Computer Assembly

7 26120 Semi Conductor and Other Electronic Components Industry

8 26602 Electromedical and Electrotherapy Eguipment Industry

9 27900 Other Electrical Eguipment Industry

10 12099 Cigarette Flavoring Industry and Other Cigarette Accessories

11 72102 Research and Development of Technology and Engineering

12 27203 Battery Industry for Electric Motor Vehicles

13 27111 Electric Motor Industry

PT SAT NU

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA
TEL. (62-778) 570 8888 (HUNTING)

SAPERSADA Tbk

E-mail: info@satnusa.com eN

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For future business plans, the Company plans to add 7 (seven) new KBLIs with the following details :

1 26513 Electronic Measuring and Testing Eguipment Industry
2 27520 Household Electrothermal Eguipment Industry
3 20293 Ink Industry
4 29300 Spare Parts and Atcessories Industry for Four-Wheeled or More Motor
Vehicles
5 52215 Off-Street Parking Activities
32509 Medical and Dental Eguipment Industry and Other Supplies
7 22220 Plastic Packaging Products Industry

B. Purpose of Addition of Business Activities

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14 26220 Computer Eguipment Industry
15 26490 Other Electronic Audio and Video Eguipment Industry
16 28192 Weighing Machine Industry
17 27404 LED Lamp Industry
18 68111 Owner-Occupied or Leased Real Estate

The purpose of adding these business activities is to diversify the assembly of electronic products in order to
provide assembly services for different types of products. Product diversification aims to reduce dependence on a
single product or certain market segments, as well as increase the company's market share and business growth.
In addition, companies must also be able to observe trends in the electronics industry and adapt to changes in
customer demand for electronic products, as well as keep abreast of new technological developments in order to
remain the market leader in the industry.

With the addition of business activities, there will be an increase in additional resources such as production
facilities, eguipment and manpower, companies can increase their production output. This can have a positive
impact on increasing revenue, market share, customer satisfaction, and the company's ability to grow and develop
in the electronics manufacturing industry.

II. GENERAL

A. General Information about the Company

The Company, domiciled in Batam City Regency, was established under the name PT Sat Nusapersada Tbk based

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA.

TEL. (62-778) 570 8888 (HUNTING) 'G GG &
E-mail: info@satnusa.com Tan »
http: (wwmsatnusa.com & ses| W sesi “ SGs|

on the Deed of Establishment No. 5 dated 1 June 1990 made before Maria Anastasia Halim, S.H., Notary in Batam,
which has been approved by the Minister of Law and Human Rights of the Republic of Indonesia ("Menkumham")
based on Decree No. C2-4877.HT.01.01.Th.91 dated September 18, 1991, has been announced in the State Gazette
of the Republic of Indonesia No. 93 dated November 19, 1991, Supplement No. 4299.

The articles of association have been amended several times and most recentiy based on Deed No. 1 dated
December 2, 2024, made before Soehendro Gautama, S.H., M.Hum,, Notary in Batam, which has been recorded in
the Legal Entity Administration System database of the Ministry of Law and Human Rights of the Republic of
Indonesia (“Kemenkumham”) and has been notified to Menkumham as stated in the letter of Acceptance of Notice
of Amendment to the Company's Articles of Association No. AHU-AH.01.09-0290570 dated 19 December 2024.

The Company's head office is located at Jl. Pelita VI no 99, Kampung Pelita, Lubuk Baja, Batam City Regency with
telephone number (0778) 570 8888 and email corporate.secretary@satnusa.com.

Capital and Composition of the Company's Shareholders

Based on the Deed of Statement of Meeting Resolutions No. 34 dated 17 June 2019, made before Soehendro
Gautama, S.H., M.Hum, Notary in Batam, which has received approval from Menkumham No. AHu-
0031750.AH.01.02.Tahun 2019 dated 19 June 2019 and has received notification of changes to the Articles of
Association No. AHU-AH.01.03-0288198 dated 19 June 2019, the Company's capital structure is as follows:
Authorized Capital :Rp 738.000.000.000
Total Issued and Paid-up Capital :Rp 265.717.200.000

Based on the Company's Register of Shareholders on December 31, 2024, which was issued by PT Raya Saham
Registra as the Company's Securities Administration Bureau, the Company's shareholders are as follows:

Information Nominal Value of Rp50 per share

Number of Shares Total Nominal | (6)

Value

Authorized Capital 14.760.000.000 738.000.000.000
Total Issued and Paid-upCapital
Abidin Fan 3.532.500.000 176.625.000.000 | 66,47
Bidin Yusuf 187.680.000 9.384.000.000 | 3,53
Inditeck Technology Hong Kong 531.434.400 26.571.720.000 | 10,00
Limited
Asus Investment Co., Ltd 531.434.100 26.571.705.000 | 10,00
Public 531.295.500 26.564.775.000 | 10,00

Total Issued and Paid-upCapital 5.314.344.000 265.717.200.000 | 100,00

&

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA
TEL. (62:78) 570 8888 (HUNTING) 3 3 2

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C. Business Activites of the Company

Based on the Deed of Statement of Meeting Resolutions No. 78 dated 29 May 2023, drawn up before Soehendro
Gautama, S.H., M.Hum, Notary in Batam, which has been approved by Menkumham No. AHU-
0031989.AH.01.02.Tahun 2023 dated 9 June 2023, the purpose and objective of the Company is to run a business in
the electronic assembly service industry.

Initially, the Company focused on providing assembly services for various types of products, including Smartphone,
Smarthome products, Lithium coin batteries, notebook tablets and other products. The Company's business activities
involve a skilled and experienced team in assembling these products according to high guality standards.

In carrying out its business, the Company works with number of partners and manufacturers to ensure the
availability of components and materials nceded in the assembly process. The Company has modern infrastructure
and facilities and uses advanced technology to maintain speed and efficiency in the assembly process. The Company
upholds high standards of guality and customer satisfaction. Each assembly stage is carried out with care and through
a series of rigorous tests to ensure that the resulting product meets predetermined specifications. The Company also
provides guality after-sales service, including repairs and technical support for customers who need it.

To achieve the aims and objectives, the Company may carry out the following business activities:

1 27201 Battery Industry
2 26320 Wireless Communication Eguipment Industry
3 22293 Industrial Goods and Engineering Eguipment / Industry of Plastics
4 26399 Other Communication Eguipment Industry
Audio and Video Recording, Receiving and Multiplier Eguipment Industry, Not
5 26420 ii
Television Industry
6 26210 Computer Industry and/or Computer Assembly
T 26120 Semiconductor and other Electronic Components Industry

Over time, the Company continues to develop itself to respond to growing market demands. The Company keeps
abreast of the latest technological developments and expands the range of assembly services offered. The company
also seeks to establish strategic partnerships with other companies in order to expand market reach and increase
competitiveness.

'The following is a plan to add new business activities :

1 26602 Electromedical Eguipment and Electrotherapy Industry

2 27900 Other Electrical Eguipment Industry

3 12099 Cigarette Seasoning Industry and Other Cigarette Accessories
72102 Research And Development of Technology and Engineering

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA
TEL. (62-778) 570 8888 (HUNTING) AA 3 El
E-mail: info@satnusa.com 3
http : //wwwsatnusa.com s6cs| ““ sGs| “w SGS
5 27203 Battery Industry for Electric Motorized Vehicles
6 27111 Electric Motor Industry
7 26220 Computer Eguipment Industry
8 26490 Other Electronic Audio and Video Eguipment Industry
9 28192 Scale Machine Industry
10 27404 LED Lighting Industry
11 68111 Owned or Rented Real Estate

With dedication and commitment to provide high guality assembly services, the Company continues to grow and
develop in this industry. The company hopes to continue to be a reliable partner for companies in meeting their
product assembly needs, as well as contributing to advancing the whole electronics and technology industry.

s

Composition of the Company's Board of Commissioners and Board of Directors

The composition of the Board of Commissioners and Board of Directors is based on the Statement of Meeting
Resolutions notarized in accordance with Notarial Deed No. 2 dated 4 July 2022 and Notarial Deed No. 1 dated 2
December 2024 from Soehendro Gautama S.H., M.Hum. are as follows:

B fCommissi
President Commissioner : Smailly Andy
Commissioner : Usman Fan
Independent Commissioner : Herry Santoso
Board of Directors

President Director : Abidin Fan
Director : Bidin Yusuf
Director : Kustina

E. Key Financial Data Overview

Based on an audit of the Company's financial statements dated December 31, 2024, which was audited by accountant
named Putu Astika, CPA, CA from KAP Johan Malonda Mustika & Partners with unmodified opinion, the following
below is a summary of the Company's important financial data:

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER

JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA

TEL. (62:78) 570 8888 (HUNTING)
E-mail: info@satnusa.com

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ASET ASSETS
Catatan!
Notes 2024 2023
ASET LANCAR CURRENT ASSETS

Kas dan Setara Kas 284 22.911.386 18616778 — Cash and Cash Eguivalents

Deposito Berjangka 285 3.403.044 10.432.796 — Time Deposits

Piutang Usaha kepada Pihak Ketiga 286 11462310 10.348.146 — Trade Receivables from Third Parties

Piutang Lain-lain 2 558.644 47399 Other Receivables

Persediaan 287 15.247.346 13.787.051 Inventories

Uang Muka dan Biaya Dibayar di Muka 3.336.566 2539812  Advances and Prepayments

Total Aset Lancar 56.919.296 55.771.982 Total Current Assets
ASET TIDAK LANCAR NON-CURRENT ASSETS
Investment Properties - Net of

Properti Investasi - Setelah Dikurangi Accumulated Depreciation
Akumulasi Penyusutan sebesar amounting to USD 447.717
USD 447.717 (2023: USD 318.678) 288 2.173.083 2304102 (2023: USD 316,678)

Aset Tetap - Setelah Dikurangi Fixed Assets - Net of Accumulated
Akumulasi Penyusutan sebesar Depreciation amounting to
USD 121.521.275 USD 121,521,275
(2023:USD 108.984.878) 29811 95.724.628 92475336 — (2023: USD 108.984.878)

Aset Pengampunan Pajak - Setelah Tax Amnesty Assets - Net of
Dikurangi Akumulasi Penyusutan — Accumulated Depreciation
sebesar USD 101.037 'amounting to USD 101,037
(2023: USD 88.538) 2 15.645 28144 — (2023: USD 88.538)

Aset Pajak Tangguhan 2814 300.808 123908 — Deferred Tax Assets

Aset Tidak Lancar Lainnya 2810 1.089.607 1431451 Other Non-Current Assets

Total Aset Tidak Lancar 99.303.751 96.362.939 Total Non-Curtent Assets
TOTAL ASET 156223047 | 152134921 TOTAL ASSETS
———  —
Catatan atas Laporan Keuangan Konsolidasian The accompanying Notes to the Consolidated Financial
merupakan bagian yang tidak terpisahkan dari Laporan Statements form an integral part of these Consolidated
Keuangan Konsolidasian secara keseluruhan Financial Statements

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER

JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA

TEL. (62:778) 570 8888 (HUNTING)
E-mail: info@satnusa.com

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http : /wwwsatnusa.com SG SGS. SGS.
LIABILITAS DAN EKUITAS LIABILITIES AND EF@UITY
Catatan
Notes 2024 2023
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES
Utang Usaha kepada Pihak Ketiga 2812 12.550.914 8641707 Trade Payables to Third Parties
Utang Lain-lain 2813 2.109.875 1.617.341 Other Payables
Utang Pajak 2814 559.265 1.075.715 Taxes Payable
Beban Akrual » 2 401.557 398.625 Accrued Expenses
Utang Jangka Panjang Bagian Jatuh Long-term Liabilies - Current
Tempo dalam Satu Tahun: 26.79, Matunities.
- Utang Bang 11826 4800000 Satt416 - Bank Loans
- Utang Lain-lain 2813 920.293 1.393.581 - Other Payables
Jaminan Sewa 2 309 324 Rental Guarantee Deposits
Total Liabilitas Jangka Pendek 21.342.213 18.538.709 Total Current Liabilities
LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES
Liabilitas Imbalan Kerja Jangka Long-term Employee Benefits
Panjang 2815 47Tasee  Bos29ty — Labuties
Liabilitas Pajak Tangguhan 2214 - 177.646 Deferred Tax Linbilties :
Utang Jangka Panjang - Setelah
Dikurangi Bagian Jatuh Tempo Long-term Liabilties - Net of Current
dalam Satu Tahun: 2.6.7.9, Maturtties:
- Utang Bank 11826 14 800.000 18 281.566 Bank Loans.
- Utang Lain-lain 2813 25149643 1.200.503 - Other Payables
Total Liabilitas Jangka Panjang 19.723.211 24.722.626 Total Non-Current Liabilities
Total Liabilitas 41.065.424 43.261.335 Totai Liabilities
Catatan atas Laporan Keuangan Konsolidasian The secompanying Notes to the Consolidated Financial
merupakan bagian yang tidak terpisahkan dari Laporan Statements form an integral part of these Consolidated
Keuangan Konsolidasian secara keseluruhan Financial Statements
Catatan/
Notes 2024 2023
EKUITAS Eauiry
Ekuitas yang Dapat Diatribusikan Egulty Attributable to Owners of
kepada Pemilik Entitas Induk the Parent Entity
Modal Saham, nilai nominal Rp 50 Capital Stock - Rp 50 par value
per saham per share
Modal Dasar - 14.760.000.000 saham Authorized - 14,760,000.000 shares
Ditempatkan dan Disetor - Subscribed and Fully Paid -
5.314.344.000 saham 1816 32.329.685 32.329.685 5.314.344.000 shares
Tambahan Modal Disetor 12817 31.128.067 31.128.067 Additional Paid-in Capital
Selisih Kurs atas Penjabaran Foreign Exchange on Transiation of
Laporan Keuangan 2 - (1023) Financial Statements
Saldo Laba: 2 Retained Earnings.
- Ditentukan Penggunaannya 1012791 789414 - Aporopriated
- Belum Ditentukan Penggunaannya 50.685.923 44624367 - Unappropriated
Ekuitas yang Dapat Diatribusikan Eguity Attributabie to Owners
kepada Pemilik Entitas Induk 15.156.466 108.870.510 Of the Parent Entity
Kepentingan Non Pengendali 2 1157 3076 Non-Controlling Interest
Total Ekuitas 115.157.623 108.873.536 Total Eguity
TOTAL LIABILITAS DAN EKUITAS TOTAL LIABILITIES AND EOVITY

156.223.047
————

152.134.921

9

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA

TEL. (62-78) 570 8888 (HUNTING)

AAA

E-mail: info@satnusa.com
http : /wwwsatnusa.com SGS| 7 sGs| & S6S
Catatan!
Notes 2024 2023
PENDAPATAN 2818 122.856.510 126588110 REVENUES
BEBAN POKOK PENDAPATAN 2819 196.925.966) (99589897) COST OF REVENUES
LABA KOTOR 25.930.544 26998213  GROSS PROFIT
Beban Usaha 2820 (14843319) — “(13260850)  Operating Expenses
Laba Penjualan Sisa Produksi 241.261 205275 Gain on Sale of Waste Product
Laba (Rugi) Penjualan Aset Tetap 9 (260.578) 34.700 Gain (Loss) on Sale of Fixed Assets
Interest on Bank Accounts and Time
Jasa Giro dan Bunga Deposito 1.017.001 401297 Deposit
Laba (Rugi) Selisih Kurs - Neto (1.120.638) 1.007.975 — Gain (Loss) on Foreign Exchange - Net
Beban Keuangan “ (1.307.943) (1384525) Financial Costs
Rugi Divestasi Entitas Anak te (9.307) - Losson Subsidiary Divestment
Lain-ain 488.901 313.756 Others
LABA SEBELUM PAJAK 10.135.924 14.315.841 INCOME BEFORE TAX
PAJAK PENGHASILAN 2814 (2.173.248) 3.147.523) INCOME TAX
LABA TAHUN BERJALAN 7.962.676 11168318 — INCOME FOR THE YEAR
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Item yang Tidak Akan Direklasifikasi Items that WIII Not Be Reclassified to
ke Laba Rugi . Profit or Loss
Pengukuran Kembali atas Liabilitas Remeasurement of Post-Employment
Imbalan Pascakerja 214815 710.618 698 Benefits Liabilties
Pajak Penghasilan Terkait 2814 (156.387) (154) Related Income Tax
Item yang Akan Direkiasifikasi ke Laba Items that WIII Be Reclassified to Profit
Rugi - - orLoss
TOTAL LABA KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE INCOME
BERJALAN 8.516.957 11.168.862 FOR THE YEAR
LABA TAHUN BERJALAN YANG DAPAT INCOME FOR THE YEAR ATTRIBUTABLE
DIATRIBUSIKAN KEPADA: To:
Pemilik Entitas Induk 7.962.676 11.169.775 Owners of the Parent Company
Kepentingan Non Pengendali - (1457) Non-Controlling Interest
Total 7.962.676 11.168.318 Total
TOTAL LABA KOMPREHENSIF TAHUN
BERJALAN YANG DAPAT TOTAL COMPREHENSIVE INCOME
DIATRIBUSIKAN KEPADA: FOR THE YEAR ATTRIBUTABLE TO:
Pemilik Entitas Induk 8.516.957 11.170.319 Owners of the Parent Company
Kepentingan Non Pengendali - (1457) Non-Controlling Interest
Total 8.516.957 11.168.862 Total
LABA TAHUN BERJALAN PER 1.000 INCOME FOR THE YEAR PER 1,000
SAHAM DASAR 2822 1.50 210 BASIC SHARES

10

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA

TEL. (62:778) 570 8888 (HUNTING) 3 3 El
Email: into@satnusa.com A
http : /www.satnusa.com Y scs| “ sas| Tn

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III. INFORMATION REGARDING CHANGES OF BUSINESS ACTIVITIES OF THE

COMPANY

A.

Feasibility Report Summary based on the feasibility study number  00004/2.0110-
01/BS/04/0426/1/IV/2025 dated 30 April 2025

The company has appointed KJPP Ihot Dollar and Raymond ("ID&R") as Independent Appraisers to prepare a
feasibility study on plans for additional business activities in the form of Addition of KBLI by the Company with a cut
off date per 31 December 2024.

Purpose and objectives
Reviewing business feasibility in connection with plans to add business activities to comply with the provisions
stipulated in POJK 17/2020 (hereinafter referred to as "Transaction Plan").
nd Limiti nditi
In compiling the Feasibility Study Report on the Proposed Transaction, Appraisers use several assumptions and

limiting conditions, including:

- This Feasibility Study Report is a non-disclaimer opinion,
- The appraiser has conducted a review of the documents used in the appraisal process:
- The data and information obtained comes from sources whose accuracy can be trusted:

- The appraiser uses adjusted financial projections that reflect the fairness of the financial projections made by the

Company's managemont with thcir ability to achicve (fiduciary duty):

- The appraiser is responsible for the implementation of the assessment and the fairness of the adjusted financial

projections:

- This Feasibility Study Report is open to the public unless there is confidential information, which may affect the

Company's operations,
-  Assessor is responsible for this Feasibility Study Report and final value conclusion,
- The appraiser has obtained information on the legal status of the object of the appraisal from the Company.

'The financial feasibility analysis of the Company's management is based on the financial projections according to the
Transaction Plan in the form of additional KBLI. Investment feasibility is calculated using two indicators, namely Net
Present Value (NPV) and Internal Rate of Return (IRR), with a summary as follows:

New KBLI 5.122.770 108,99

c topi itional Busi ai

Based on the results of studies and analysis that have been carried out on all related aspects in order to determine
business feasibility, appraisers are of the opinion that the Transaction Plan in the form of additional KBLI to be
carried out by the Company is feasible.

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA
TEL. (62-78) 570 8888 (HUNTING) 3 8 H

Fian pearahoa 0 SGS| “O SGSI. “Ag

B. Availability of Experts

In connection with the Proposed Transaction, the Company plans to recruit additional workers according to operational
needs to support the Company's business business in the field of electronic measuring and test eguipment assembly
services, electrothermal eguipment, motor vehicle spare parts and accessories, ink containers and plastic packaging
manufacturing and medical eguipment. Based on management information, the new business activities reguire additional
workers including supervisors & leaders, technicians, guality controllers, material handlers, operators and others.
Meanwhile, related to parking activities, the Company will also recruit workers according to the Company's operational
needs.

The following is a table of the number of employees (including management) of the Company and its subsidiaries as of
December 31, 2024 and plans to increase the workforce as follows:

Position Employee and Management Plan Additional

(existing) Employee and Management
Board of Commissioners
2 Board of Directors 5
3 Manager & Asst. Manager
8 5 120 e
4 | Supervisor & Leader
1.489 23
5 T operator & Others
2.164 311
Total
" 3779 334

C. Considerations and Reasons for Change of Business Activities

To improve the Company's performance in the future, the Company sees opportunities for growth and also for the
Company's revenue generation through the expansion of business activities that have been carried out by the Company,
namely assembly services, manufacturing and parking activities in order to increase the Company's added value.

The implementation of the Company's new business activities in the assembly of measuring instruments and electronic test
eguipment in the form of trackers, electrothermal eguipment for households in the form of printed circuit board (PCB) units
for coffee makers and heating devices and assembly of ink cartridges and manufacturing of plastic packaging for packaging
in the form of vacuum trays and medical eguipment, namely health masks, all of which will begin in the third guarter of
2025. Related to the business activities of assembling motor vehicle spare parts and accessories, the Company will
manufacture several types of products that vary, so that it will start gradually, namely in the third guarter of 2025 for USB
charger and J69 USB Hub products, the fourth guarter of 2025 for J69 wireless charger and integrated body controller
machine (IBCM) products, the third guarter of 2026 for event data recorders (EDR) and cameras and the second guarter of
2027 for displays and the third guarter of 2027 for J17 USB Hub and J17 wireless charger. Meanwhile, related to parking
activities, the Company will build a motor vehicle parking building facility planned to be used for operations in the first
guarter of 2026.

By utilizing opportunities through the addition of new business activities, itis expected to increase profits and added value
for the Company by providing integrated services to its customers. Seeing the opportunities for the industry in Indonesia
which are increasingly developing, the Company is expected to be able to contribute to the progress of the industry in
Indonesia and become a company that is able to compete healthily in providing services to its customers. The Company's
management believes that the background of the Transaction Plan is part of the Company's long-term plan and will make
the Company a good company and have the potential for business development in the future.

PT SAT NUSAPERSADA Tbk

HIGH TECHNOLOGY ELECTRONICS MANUFACTURER
JALAN PELITA VI NO. 99, BATAM 29443, KEPULAUAN RIAU - INDONESIA
TEL. (62-78) 570 8888 (HUNTING) &

E-mail: info@satnusa.com
http : //www.satnusa.com

@

D. The Effect of Changes in Business Activities on Financial Conditions

The investment fund reguirement for the Company's Transaction Plan is assumed to be USD 5,146,795, all of which comes
from the Company's internal cash and will be used by the Company for the purchase of new machinery and eguipment and
the construction of a parking building related to the KBLI Addition.

In connection with the funding, there is no significant impact on the Company's financial condition. The Company believes
that the Addition of Business Activities will contribute to improving the Company's performance and profitability in the
future, where the profits obtained by the Company with the Addition of Business Activities can support the Company's long-
term growth, and can provide added value for the Company and its shareholders.

IV. ADDITIONAL INFORMATION

For further information regarding the matters mentioned above, please contact the Company atworking hours with
address:

PT Sat Nusapersada TbkCompany

Head Office:
Jalan Pelita VI number 99
Kelurahan Kampung Pelita, Kecamatan lubuk Baja, Kabupaten Kota Batam 29443
Website: www.satnusa.com
Email: corporate.secretary@satnusa.com

Sincerely Yours,
PT Sat Nusapersada