20250228_SRAJ_Penambahan Modal Tanpa HMETD_31865411_lamp3.pdf

                    ANNOUNCEMENT OF IMPLEMENTATION RESULTS
                   CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS




                        PT SEJAHTERARAYA ANUGRAHJAYA TBK
                                 (THE “COMPANY")


The Company hereby announces the results of the Capital Increase without Pre-emptive Rights
("PMTHMETD") as follows:

1. Number of New Shares Issued under        :       238,254,545 shares or 1.95% of the Company's
   PMTHMETD                                         issued and paid-up capital.

2. Nominal Value of Shares                  :       Rp100 per share

3. Exercise Price of Shares Issuance        :       Rp2,200 per share
   through PMTHMETD

4. Implementation Date of PMTHMETD          :       26 February 2025

5. Listing Date of New Shares from the      :       27 February 2025
   Implementation of PMTHMETD on the
   Indonesia Stock Exchange

6. Party who Purchased New Shares           :       BCSS Maverick (A) I, LP (not affiliated with the
                                                    Company)

7. Proposed Use of PMTHMETD Funds           :       The Company will allocate all funds obtained from
                                                    the implementation of PMTHMETD, which is
                                                    approximately      Rp524,160,000,000          after
                                                    deducting costs relating to the transaction for:

                                                    (i)    repayment of the Company's debt to the
                                                           Company’s controlling shareholder, PT
                                                           Surya Cipta Inti Cemerlang ("SCIC") based
                                                           on the Series B Loan Agreement and Series
                                                           E Loan Agreement (as described in the
                                                           Information Disclosure in the Context of
                                                           PMTHMETD announced by the Company
                                                           on 4 July 2024 and amended on 8 August
                                                           2024       ("PMTHMETD         Information
                                                           Disclosure")); and
                                                    (ii)   partial payment of the Company's
                                                           outstanding loan balance to SCIC under the
                                                           Series A Loan Agreement (as described in
                                                           the PMTHMETD Information Disclosure).


After the PMTHMETD, the total issued and paid-up capital of the Company increased from
Rp1,200,070,544,500 (divided into 12,000,705,445 shares) to Rp1,223,895,999,000 (divided into
12,238,959,990 shares)
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