20250325_BUKA_Laporan Informasi dan Fakta Material_31871118_lamp3.pdf

                            INFORMATION TO SHAREHOLDERS

PT BUKALAPAK.COM Tbk (the "Company") plans to conduct buyback of the Company's
shares that have been issued and listed on the Indonesia Stock Exchange (the "Stock
Exchange") in accordance with the Financial Services Authority ("OJK") Regulation No. 13 of
2023 regarding Policies in Maintaining Capital Market Performance in Significantly Fluctuating
Market Conditions ("POJK 13/2023"), OJK Regulation No. 29 of 2023 regarding the Share
Buyback Issued by Public Companies ("POJK 29/2023") and OJK Letter No. S-17/D.04/2025
dated March 18, 2025 regarding the Implementation Policy for the Buyback of Shares Issued
by Public Companies in Significantly Fluctuating Market Conditions ("OJK Letter No. S-
17/2025"). The total value of the Buyback of Shares is estimated at Rp1,900,000,000,000 (one
trillion nine hundred billion Rupiah). The Buyback of Shares will be conducted through the Stock
Exchange or outside the Stock Exchange, either gradually or all at once, and completed no
later than 3 (three) months from March 26, 2025 to June 25, 2025.


In accordance with Article 7 of POJK 13/2023 and OJK Letter No. S-17/D.04/2025, the
Company may conduct Share Buyback without obtaining prior approval from the Company's
General Meeting of Shareholders (GMS).

       ESTIMATED TIME SCHEDULE FOR SHARE BUYBACK IMPLEMENTATION


 No    Description                                              Time Schedule
 1     Submission of Information Disclosure through the         March 25, 2025
       Stock Exchange website and the Company's website
 2     Estimated schedule of Share Buyback period               March 26, 2025 - June 25,
                                                                2025
     THE NUMBER OF SHARE BUYBACK AND THE APPROXIMATE TOTAL NOMINAL
                VALUE OF ALL SHARES IN THE SHARE BUYBACK

The Share Buyback cost is planned at a maximum of Rp1,900,000,000,000 (one trillion nine
hundred billion Rupiah), including transaction costs (brokerage fees and other costs) in
connection with the Share Buyback.


In conducting the Share Buyback, the Company will continue to pay attention to the maximum
limits permitted in the implementation of share buybacks as stipulated in Article 8 POJK
13/2023 and Article 14 POJK 29/2023 and the number of outstanding shares that must be
fulfilled by the Company in accordance with the provisions of the applicable laws and
regulations.

         EXPLANATION, CONSIDERATION, AND REVIEW OF SHARE BUYBACK

The Company is committed to maintaining confidence in the value of long-term growth. This
step is taken to maintain stability between the Company's fundamentals and fluctuations in
current market conditions, and the level of trust of stakeholders can be maintained in supporting
the Company's efforts to realize sustainable growth. Thus, by conducting a Share Buyback, the

Company aims to demonstrate confidence in its intrinsic value, optimize its capital structure,
and strengthen its ability to provide sustainable growth value to shareholders.


The implementation of the Share Buyback indicates that the Company has sufficient liquidity to
purchase shares without disrupting its financial, operational or other investment conditions,
indicating that the Company is in a sound financial condition.

   THE EXPECTED DECLINE IN THE COMPANY'S REVENUE AS A RESULT OF THE
    SHARE BUYBACK AND THE IMPACT ON THE COMPANY'S FINANCING COSTS

According to the Company's analysis, the implementation of the Share Buyback will not have
a material negative impact on the Company's operational performance and income, because
the Company currently has sufficient capital and cash flow to conduct the Share Buyback.


    THE COMPANY'S EARNINGS PER SHARE PERFORMANCE AFTER THE SHARE
                     BUYBACK PLAN IS IMPLEMENTED


           Pro Forma Financial Statement Period ending December 31, 2024

      Indicator                 2024                   Impact            After Buyback 2025
                              (Audited)                                      (Proforma)

Consolidated Total                    24.795                    -1.900                22.895
Assets (Rp M)

Consolidated Total                    23.701                    -1.900                21.801
Equity (Rp M)

Consolidated Net                      (1.547)                        -               (1.547)
Loss (Rp M)

Net Loss per Share                        (15)                     (2)                   (17)




    SHARE PRICE RESTRICTIONS FOR SHARE BUYBACK PLANS IMPLEMENTED

The Company will conduct Share Buyback at a price that is considered good and reasonable
by the Company's management with due regard to the provisions of POJK 29/2023.

                       LIMITATION OF SHARE BUYBACK PERIOD

Share Buyback shall be done within a maximum period of 3 (three) months after this Information
Disclosure, starting from March 26, 2025 to June 25, 2025.

                     METHOD TO BE USED FOR SHARE BUYBACK

1.   Share Buyback can be done in stages or all at once, either through or outside the Stock
     Exchange.
2.   In the event that the buyback of shares is conducted through the Stock Exchange, the
     Company will appoint 1 (one) broker to conduct the buyback of shares.
3.   Any party that is:
     (a) commissioners, directors, employees and major shareholders of the Company;
     (b) an individual who because of his position or profession or because of his business
         relationship with the Company allows him to obtain inside information; or
     (c) parties who within the last 6 (six) months are no longer a party as referred to in letters
         (a) and (b),
     prohibited from conducting transactions on the Company's shares within the period of
     Share Buyback of the Company or on the same day as the sale of shares resulting from
     the Share Buyback conducted by the Company through the Stock Exchange.

MANAGEMENT'S DISCUSSION AND ANALYSIS ON THE EFFECT OF SHARE BUYBACK
     ON BUSINESS ACTIVITIES AND FUTURE GROWTH OF THE COMPANY

1.   The Share Buyback is not expected to cause a decrease in the Company's revenue.
2.   The Company believes that the implementation of the Buyback of Shares will not have a
     material negative impact on the business activities and growth of the Company, because
     the Company currently has sufficient capital and cash flow to conduct and finance all
     business activities, business development activities, operational activities and Share
     Buyback.
3.    The implementation of Share Buyback is expected to provide flexibility to achieve an
      efficient capital structure and reflect the Company's performance through the Company's
      share price.

                     SOURCE OF FUNDS USED FOR SHARE BUYBACK

The source of funds to be used for the Share Buyback comes from the optimization of the
Company's internal cash. This source of funding has fulfilled the provisions of POJK 29/2023,
namely:
     a. does not significantly affect the Company's financial ability to fulfill its maturing
        obligations;
     b. using the Company's internal funds;
     c. are not IPO proceeds; and
     d. not funds derived from loans and/or debt in any form.




                    SHARE TRANSFER PLAN FROM SHARE BUYBACK

After the end of the Share Buyback period, the Company may transfer the shares resulting from
the Share Buyback subject to the provisions of POJK 29/2023.

                               ADDITIONAL INFORMATION

To the shareholders of the Company who require more detailed information regarding this
Information Disclosure, please contact us on any day and working hours of the Company at:


                                PT BUKALAPAK.COM TBK

                               Headquarter / Metropolitan
                                    Tower, 22nd Floor
                 Jalan Raden Adjeng Kartini, Kav. 14, South Jakarta, 12440
                                Phone: +62 21 50982008
                             Email: corsec@bukalapak.com
                                   ir@bukalapak.com
                         Website: https://about.bukalapak.com/id/