20250430_AMMN_Laporan Informasi dan Fakta Material_31879719_lamp2.pdf

INTRODUCTION

This information disclosure is presented to the Company's shareholders in relation to the Company's
plan to conduct a share buyback of its issued shares listed on the Indonesia Stock Exchange (“IDX”),
under conditions of significant market fluctuations. The proposed share buyback will be carried out in
accordance with (i) Financial Services Authority (“OJK”) Regulation No. 29 of 2023 concerning Shares
Buyback Issued by Public Companies (“OJK Regulation No. 29/2023”): (ii) OJK Regulation No. 13 of 2023
concerning Policies for Maintaining Performance and Stability of the Capital Market in Conditions of
Significant Market Fluctuations (“OJK Regulation No. 13/2023”): and (iii) Letter of the Executive Head of
Capital Market, Derivative Finance, and Carbon Exchange Supervision No. S-17/D.04/2025 dated 18
March 2025 on the Policy on the Implementation of Share Buyback by a Public Company in Conditions
of Significant Market Fluctuations (“Letter No. S-17/D.04/2025”) (“Shares Buyback”).

In accordance with Article 7 of the OJK Regulation No. 13/2023 and Letter No. S-17/D.04/2025, the
Company may conduct the Shares Buyback without obtaining prior approval from the Company's general
meeting of shareholders.

INFORMATION ON THE SHARES BUYBACK PLAN

a. Estimated Schedule, Estimated Costs for the Shares Buyback and Estimated Number of
Buyback Shares

In reference to Article 9 paragraph (4) of the OJK Regulation No. 13/2023, the Shares Buyback
will be conducted within a maximum period of three months after the date of this Disclosure of
Information, as follows:

No. Description Date
1. Disclosure of Information of the Shares | 30 April 2025

Buyback Plan
2. Estimated Schedule of the Shares | 30 April 2025-31 July 2025
Buyback

The costs for implementing the Share Buyback will be funded through the Company's internal
cash reserves, without affecting the Company's operational activities. The Company estimates
that the total cost allocated for the Share Buyback shall be up to USD50,000,000.00 (fifty million
United States Dollar) or eguivalent to IDR835,000,000,000 teight hundred thirty-five billion
Rupiah) assuming 1USD (one United States Dollar) is eguivalent to IDR16,700 (sixteen thousand
seven hundred Rupiah). This amount includes transaction costs, brokerage fee and other costs
related to the Shares Buyback which are estimated amounting to IDR1,700,000,000 (one billion
seven hundred million Rupiah) or about 0.296 (zero-point two percent).

Based on the share price as at the date of this Disclosure of Information, the estimated number
of shares to be bought back is estimated to be not more than 0.1796 (zero-point one seven
percent) of the Company's issued and paid-up capital. This remains well within and will not
exceed 20X (twenty percent) of the Company's paid-up capital as stipulated in Article 8 of the
OJK Regulation No. 13/2023 and remains adhered to Article 14 of the OJK Regulation No.
29/2023.

b. Explanation, Consideration, and Reasons for the Shares Buyback
The Company's considerations in conducting the Shares Buyback are to improve shareholder

returns and reinforce investor confidence, thereby enabling the Company's share price to more
precisely reflect the fundamental value of the Company.

Cc.

8

Estimated Decline in the Company's Revenue resulting in the Implementation of the Shares
Buyback and Impact on the Company's Financing Costs

The Company estimates that there will be no material adverse impact on the revenue of the
Company resulting from the implementation of the Shares Buyback since the Company has
sufficient working capital and cash flows to implement the Shares Buyback.

Proforma Earnings per Shares of the Company following the Shares Buyback

The following is the Company's earnings per share proforma following the implementation of the

Shares Buyback:

In USD million
otherwise stated 31 December 2024 Proforma Impact

Total Issued and

Paid-Up Shares 72,518,217,656 72,518,217,656 -
Total Outstanding

Shares 72,518,217,656 72,399170,037 (19,047,619)
Cash and Cash

Eoulvalents 754,280 704,280 (50,000)
Total Assets 121,488 1,071,488 (50,000)
Total Eguit 5,248,400 5,198,400 (50,000.
Profit for the Year 641,677 641,677 -
EPS (USD per share) 0.00885 0.00886 0.00001
Return on Assets (96) 6.356 6.3696 0.0226
Return on Eguity (96) 12.984 13.054 0.0796

Limitation on the Price of Buyback Shares

The Shares Buyback will be carried out through IDX. In accordance with Article 11 of OJK
Regulation No. 29/2023, the offering prices of the Shares Buyback shall be lower than or egual
to the price of the previously made transactions.

Period Limitation for the Shares Buyback

According to Article 9 paragraph (4) of OJK Regulation No. 13/2023, the Shares Buyback period
will be conducted within a maximum period of three months from the issuance date of this
Disclosure of Information.

Shares Buyback Method

1. The Company has appointed PT BCA Sekuritas to do the Shares Buyback during the Shares
Buyback period with due observance on the prevailing laws and regulations.
2. The Shares Buyback can be conducted in stages or all at once.
5. Parties whoare:
(a) a commissioner, director, employee, or main shareholder of the Company:
(b) an individual who, due to their position or profession or relationship with the Company,
allows such individual to receive insider information: or
(c) any party within the last six months is no longer gualified as the party as specified in
point (a) and (b) above,
are prohibited from conducting any transaction involving the Company's shares on the day
intersecting with the period of the Shares Buyback or the period of sale of shares resulting

from the Shares Buyback conducted by the Company through IDX in accordance with the
applicable capital market laws and regulations.

h. Management's Discussion and Analysis on the Impact of the Shares Buyback on the
Company's Business Activities and Growth in the Future

The Company believes that implementation of the Shares Buyback will not bring adverse material
impact to the Company's business activities, operations and growth.

i. Source of Fund for the Implementation of Shares Buyback

The funds for the Company to execute the Shares Buyback are sourced from the Company's
internal cash and do not originate from the proceeds of the Company's public offering as well as
not derived from loans and/or debt in any form.

THE COMPANY'S PLAN TO TRANSFER SHARES RESULTING FROM THE SHARES BUYBA

The Company intends to keep the shares resulting from the Shares Buyback as treasury shares within a
period as stipulated in OJK Regulation No. 13/2023 and OJK Regulation No. 29/2023.

The Company may start transferring the shares resulting from the Shares Buyback 30 (thirty) days after
(i) the completion of the Shares Buyback: or (ii) the expiration of the Shares Buyback period as stipulated
under Article 9 paragraph (4) of OJK Regulation No. 13/2023.

ADDITIONAL INFORMATION

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

PT Amman Mineral Internasional Tbk
Menara Karya 6'" Floor Unit A, B, C and H
Jl. H.R. Rasuna Said Blok X-5 Kavling 1-2 South Jakarta 12950
Phone: 021 5799 4600: Facsimile: 021 576 1464
Email: corporate.secretary@amman.co.id
Website: www.amman.co.id