20250411_PSSI_Rencana Transaksi Perubahan Kegiatan Usaha_31875014_lamp2.pdf

                                        INTRODUCTION

The Company intends to add business activities that are not yet stated in the Company’s Articles of
Association, as stipulated in the Indonesian Standard Classification of Business Fields (KBLI) of
2020 based on the Regulation of the Central Statistics Agency No. 2 of 2020. The intended business
activities are as follows:

   No.       Busines Activities                                  KBLI
   1.        Holding Company Activities                          64200
   2.        Other Management Consulting Activities              70209

In connection with the plan, the Board of Directors of the Company hereby submits this Information
Disclosure in order to comply with the provisions of POJK 17/2020. Pursuant to POJK 17/2020, the
addition of business activities requires prior approval from the General Meeting of Shareholders;
in this regard, the General Meeting of Shareholders will be held by the Company on Tuesday, May
20, 2025, with one of the agenda items being the discussion of the proposed addition of business
activities as mentioned above.

Going forward, the proposed addition of the above-mentioned business activities (“Proposed
Addition of Business Activities”) will be subject to a feasibility study to be conducted by the
Company.

EXPLANATION, CONSIDERATIONS, AND REASONS FOR THE ADDITION OF BUSINESS
ACTIVITIES

The Company, which is engaged in the business of sea transportation services, plans to enhance its
performance by adding business activities in the form of holding company activities and other
management consulting activities. These activities are currently not part of the Company’s existing
line of business.

The reasons for the addition of business activities are as follows:
      - To continue and sustainably develop the Company’s business operations.
      - To create a positive impact on the Company’s financial performance, particularly in
         increasing profits, and to provide benefits for all stakeholders.

         SUMMARY OF THE FEASIBILITY STUDY ON THE ADDITION OF BUSINESS ACTIVITIES

A. APPRAISER’S IDENTITY
   As stipulated in POJK 17/2020 regarding the proposed addition of business activities, the
   Company has appointed an Independent Appraiser registered with the Financial Services
   Authority (OJK) to provide an opinion on the feasibility of the proposed addition of business
   activities, with the following details:

    KJPP Rengganis, Hamid & Rekan (“KJPP RHR”)
    The complete identity of the Independent Appraiser is as follows:
       Name:                       Kantor Jasa Penilai Publik Rengganis Hamid & Rekan
       Business License No:        2.09.0012
       Address:                    Menara Kuningan lt. 8, Jl. HR. Rasuna Said Blok X- 7 Kav.5, Jakarta

    Telephone/Facsimile:        021-2168 6002/021-2168 6003
    Email                       kjpp.rhr@rhr.co.id

B. Summary of the Feasibility Study Report

  The following is a summary of the Independent Appraiser’s report as stated in the Feasibility
  Study Report on the Proposed Addition of Business Activities, as outlined in report No.
  00030/2.0012-00/JP/05/0263/1/IV/2025 dated April 10, 2025.

   a. Object of the Feasibility Study
      The object of the feasibility study is the proposed addition of PSSI’s business activities
      under the Indonesian Standard Classification of Business Fields (“KBLI”), namely
      Holding Company Activities (KBLI 64200) and Other Management Consulting Activities
      (KBLI 70209).

    b. Purpose and Objective of the Feasibility Study Preparation
       The purpose of preparing this feasibility study, as disclosed, is to serve as a means of
       public information disclosure in connection with the proposed addition of business
       activities as the Object of the Feasibility Study.

   c. Date of Analysis
      The Date of Analysis is December 31, 2024.

   d. Assumptions and Limiting Conditions

   This feasibility study is based on the following assumptions:

       a) This feasibility study report is issued with a non-disclaimer opinion;
       b) The Appraiser has reviewed the documents used in the feasibility study process;
       c) The Appraiser assumes that all data and information obtained come from reliable
          sources;
       d) The Appraiser uses financial projections provided by the management, which reflect
          reasonable assumptions and the feasibility of achievement (fiduciary duty);
       e) The Appraiser is responsible for conducting the feasibility study and for the fairness
          of the adjusted financial projections;
       f) The Appraiser is responsible for the feasibility study report and the conclusions
          presented therein;
       g) The Appraiser obtained information regarding the legal status of the object of the
          feasibility study from the Assignor;
       h) The Appraiser assumes that all data and information provided by the Company’s
          management related to the proposed business addition, including business plan
          projections, are accurate and correct, with no information withheld or intentionally
          omitted;
       i) The Appraiser assumes that the proposed business addition will be implemented
          as disclosed by the Company’s management and in accordance with the
          agreements and reliability of the informationregarding the plan, as conveyed by
          the Company’s management;
       j)   The accuracy of the study results is highly dependent on the assumptions made,
            which may change from time to time due to:

         k) Changes in government regulations;
         l) Changes in company policies;
         m) Reforms in social, economic, and political sectors;
         n) This feasibility study should be viewed as a whole, and the use of only parts of the analysis
            and information without considering the entire context and analysis may lead to
            misleading conclusions regarding the basis of the opinion. The preparation of this opinion
            is a complex process that may not be replicable through partial or incomplete analysis;
         o) This feasibility study is prepared based on the current general financial, monetary,
            regulatory, and market conditions. Changes in certain conditions beyond the control of the
            Company may result in unpredictable impacts that could affect the feasibility study;
         p) The Appraiser is not obligated to update the feasibility study in the event of significant
            occurrences after the date of analysis (subsequent events), but such events will be
            disclosed in the report.


  e. Feasibility Analysis
       Feasibility of the proposed addition of business activities is assessed through the following
       analyses:
       a) Market feasibility;
       b) Technical feasibility;
       c) Business model feasibility;
       d) Management model feasibility;
       e) Financial feasibility.

  f.    Conclusion
       Based on the analysis conducted, the addition of PSSI's business activities is deemed feasible for
        implementation.

                       AVAILABILITY OF EXPERT PERSONNEL IN RELATION
                      TO THE PROPOSED ADDITION OF BUSINESS ACTIVITIES

In relation to the Proposed Addition of Business Activities, the Company already has the necessary
expert personnel to support the operations of the new business activities. The Company is committed
to fulfilling the need for competent professionals in their respective fields in connection with the new
business activities.
               OTHER MATERIAL MATTERS RELATED TO THE BUSINESS ACTIVITIES

There are no other material matters related to the Proposed Addition of Business Activities.
       INFORMATION ON THE CONVENING OF THE GENERAL MEETING OF SHAREHOLDERS

       As previously described in relation to the Proposed Addition of Business Activities, the Company
       intends to seek approval at the Annual General Meeting of Shareholders (“GMS”) in accordance
       with the provisions of Financial Services Authority Regulation No. 17/POJK.04/2020 concerning
       Material Transactions and Change of Business Activities, in conjunction with Financial Services
       Authority Regulation No. 16/POJK.04/2020 concerning the Implementation of the General
       Meeting of
       Shareholders of Public Companies Electronically, with the Meeting to be convened as follows:

  No.   Activities                                             Date
  1.     Notice of the Meeting                                  11 April 2025
  2.     Recording Date – Register of Shareholders              25 April 2025
  3.     Invitation to the Meeting                              28 April 2025
  4.     Conduct of the Meeting                                 20 May 2025
  5.     Announcement of the Summary of Minutes of the Meeting 22 May 2025

 At the Meeting, the Company will also present a discussion on the feasibility study of the
 proposed change in business activities, as required under POJK 17/2020 (Financial Services
 Authority Regulation No. 17/POJK.04/2020 concerning Material Transactions and Change of
 Business Activities).
                               ADDITIONAL INFORMATION

Should you require further information, please contact the Company during its business days and
hours (Monday to Friday, 09:00 AM – 05:00 PM) at the following address:

                                     PT IMC Pelita Logistik Tbk
                      Menara Astra, Lantai 23, Jl. Jend. Sudirman Kav 5-6
                                  Jakarta 10220 – Indonesia
                       Telp. (62-21) 30006800, Fax. (62-21) 30006801
                                   Up: Corporate Secretary
                               Website: www.imcpelitalog.com
                               Email: corsec@imcpelitalog.com