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                       INFORMATION DISCLOSURE TO THE SHAREHOLDERS OF
                            PT SARASWANTI ANUGERAH MAKMUR TBK
                                 (“INFORMATION DISCLOSURE”)
THIS INFORMATION DISCLOSURE IS PREPARED BY PT SARASWANTI ANUGERAH MAKMUR TBK IN COMPLIANCE
WITH FINANCIAL SERVICES AUTHORITY REGULATION NUMBER 15/POJK.04/2022 DATED AUGUST 22, 2022, ON
STOCK SPLITS AND REVERSE STOCK SPLIT BY PUBLIC COMPANIES (“POJK 15/2022”) AND DECREE OF THE
BOARD OF DIRECTORS OF PT BURSA EFEK INDONESIA (“BEI”) NUMBER: KEP-00044/BEI/04-2024 REGARDING
REGULATION NUMBER I-I REGARDING STOCK SPLITS AND REVERSE STOCK SPLITS BY LISTED COMPANIES
ISSUING EQUITY SECURITIES.

THE INFORMATION AS CONTAINED IN THIS INFORMATION DISCLOSURE IS IMPORTANT FOR THE COMPANY'S
SHAREHOLDERS TO READ AND NOTE.

IF YOU HAVE DIFFICULTIES UNDERSTANDING THE INFORMATION CONTAINED IN THIS INFORMATION
DISCLOSURE, YOU SHOULD CONSULT A LEGAL ADVISOR, PUBLIC ACCOUNTANT, FINANCIAL ADVISOR, OR
OTHER PROFESSIONALS.




                                     PT SARASWANTI ANUGERAH MAKMUR TBK
                                                (“Company”)

                                                  Business Activities
Engaged in the production, marketing, and trading of compound artificial fertilizers containing primary macro nutrients, both
                                       directly and indirectly through subsidiaries.

                                      Domiciled in Sidoarjo, East Java, Indonesia

                                                        Head Office
                                        Surya Inti Permata Juanda Super Blok A-52
                                 Jl. Raya Juanda, Wedi, Gedangan, Sidoarjo, Jawa Timur
                                                  Phone: (031) 82516888;
                                                    Fax.: (031) 82516555
                                             Email: corsec@saraswanti.com
                                          Website: www.saraswantifertilizer.com

IN CONNECTION WITH THE COMPANY’S STOCK SPLIT PLAN (“STOCK SPLIT”), THE COMPANY WILL SEEK
APPROVAL FROM THE SHAREHOLDERS THROUGH AN EXTRAORDINARY GENERAL MEETING OF
SHAREHOLDERS (“EGMS”) WHICH WILL BE HELD ON JANUARY 16, 2025. THE ANNOUNCEMENT FOR THE EGMS
WILL BE ISSUED ON DECEMBER 9, 2024, AND THE NOTICE FOR THE EGMS WILL BE ISSUED ON DECEMBER 24,
2024.
                         This Information Disclosure is issued in Surabaya on December 9, 2024




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                                                         DEFINITION

Unless defined in this Information Disclosure, the terms used in this Information Disclosure shall have the following meanings:

 IDX                                         :    Means PT Bursa Efek Indonesia or Indonesia Stock Exchange.

 Information Disclosure                      :    Means the information disclosed by the Company as contained in this
                                                  announcement.

 OJK                                         :    Means the Financial Services Authority, an independent state institution
                                                  with the function, duties, and authority to regulate, supervise, examine, and
                                                  investigate as stipulated in Law No. 21 of 2011 dated November 22, 2011,
                                                  concerning the Financial Services Authority ("FSA Law"), as partially
                                                  amended by the Omnibus Law on Financial Sector Development and
                                                  Strengthening ("UUP2SK").

 Company                                     :    Means PT Saraswanti Anugerah Makmur Tbk, a public limited liability
                                                  company incorporated under and subject to the laws of the Republic of
                                                  Indonesia.

 POJK 15/2020                                :    Means OJK Regulation Number 15/POJK.04/2020 on the Planning and
                                                  Implementation of General Meeting of Shareholders of Public Companies

 POJK 15/2022                                :    Means OJK Regulation Number 15/POJK.04/2022 on Stock Splits and
                                                  Reverse Stock Split by Public Companies

 EGMS                                        :    Means the Extraordinary Meeting of Shareholders of the Company

 Stock Split                                 :    Means the Company’s stock split plan as described in this Information
                                                  Disclosure

                                                       INTRODUCTION

The information as stated in this Information Disclosure is conveyed to the shareholders of the Company to provide complete
information and description in connection with the Company’s plan to carry out a stock split (“Stock Split”).

The Company plans to carry out Stock Split and seek shareholders’ approval during the EGMS, which will be held on
Thursday, January 16, 2025.

                                        DESCRIPTION OF THE STOCK SPLIT PLAN

1.     REASON AND PURPOSEOF THE STOCK SPLIT

       The reasons and purpose for conducting the stock split are as follows:

       a.   Enhancing Accessibility and Attracting Investors: With a lower share price post-stock split, the shares become
            more accessible to retail investors who may have previously been unable to purchase high-priced shares. This can
            broaden the investor base.
       b.   Potential Increase in Liquidity: With a higher number of outstanding shares and a more affordable price, trading
            volumes are expected to rise. Greater liquidity can facilitate easier buying and selling of shares and contribute to
            price stability.
       c.   Strengthening Market Perception: Companies undertaking a stock split are often perceived as having strong
            performance, as their share prices have significantly appreciated compared to previous periods. This can boost
            investor confidence in the company’s future prospects.


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2.    CLASSIFICATION OF SHARES

      Based on the notarial deed Number 1 dated April 1, 2020 from Rini Yulianti, SH, Notary in East Jakarta, it is stated that
      the Company currently only has 1 (one) series of shares with a nominal value of Rp100 (one hundred Rupiah) per share.
      Each shareholder has the same voting right, i.e., one share is entitled to one voting right.

3.    DETAILS OF THE STOCK SPLIT

      Based on the EGMS approval as explained above, the Stock Split is conducted for all shares of the Company at a ratio
      of 1 (one) share into 2 (two) shares. With the implementation of the Stock Split, the nominal value and the number of
      shares before and after the Stock Split are as follows:

       Shares                                      Before the Stock Split                        After the Stock Split
       Nominal value                                                  Rp100 per share                           Rp50 per share
       Number of issued and fully paid shares                             5.125.000.000                         10.250.000.000

                                                  IDX PRICIPAL APPROVAL

In compliance with POJK 15/2022 and provision IV.9 of IDX Regulation I-I, The Company has submitted its planned Stock
Split and has received principle approval from PT Bursa Efek Indonesia based on letter No S-12314/BEI.PP2/11-2024 dated
November 21, 2024.

                                          GENERAL MEETING OF SHAREHOLDER

In connection with the Stock Split, the Company plans to hold EGMS as follows:

Day, Date           : Thursday, January 16, 2025
Time                : 10.00 WIB - finished
Venue               : AMG Tower, Lantai 6 Jl. Dukuh Menanggal 1-A, Gayungan Surabaya 60234

The EGMS will be held in accordance with the provisions as stated in POJK 15/2020.

EGMS in relation to the agenda of Stock Split may be convened if attended by shareholders or their proxies representing at
least 2/3 (two-thirds) of the total shares with valid voting rights issued by the Company. Meanwhile, the resolutions of the
EGMS in relation to the Stock Split shall be valid if approved by more than 2/3 (two-thirds) of the total shares with valid voting
rights present or represented at the EGMS.

Shareholders who are entitled to attend or to be represented in the EGMS are those whose names are registered in the
Shareholders Register of Company as administered by PT Adimitra Jasa Korpora, the Securities Administration Bureau, at
the end of the stock trading session on Monday, December 23, 2024

                                 PLANNED SCHEDULE OF THE STOCK SPLIT AND EGMS

The following are important dates related to the schedule planned for the implementation of the Stock Split and EGMS:

 Activities                                                                                                    Date
 Stock Split principle approval application to IDX                                           :                 22 October 2024
 Stock Split principle approval receipt from IDX                                             :               21 November 2024
 Submission of EGMS agenda to OJK                                                            :                2 December 2024
 Announcement of EGMS                                                                        :                9 December 2024
 Information Disclosure regarding the Stock Split                                            :                9 December 2024
 Register of Shareholders who are entitled to attend the EGMS                                :               23 Desember 2024
 Notice of EGMS                                                                              :               24 Desember 2024
 EGMS                                                                                        :                 16 January 2025

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 Activities                                                                                                Date
 Submission of application for share registration with a new nominal value                :                21 January 2025
 Information Disclosure regarding the implementation of Stock Split                       :                31 January 2025
 End of shares trading with old nominal value in the regular market and negotiated        :
                                                                                                           5 February 2025
 market
 Commencement of shares trading with new nominal value in the regular market and          :
                                                                                                           6 February 2025
 negotiated market
 End of Stock Trading with Old Nominal Value in Cash Market                               :              6 February 2025 &
                                                                                                           7 February 2025
 The last date for settlement of stock transactions with the old nominal value in the     :
 regular and negotiation markets; the date for determining the List of Account Holders                     7 February 2025
 as the basis for implementing a stock split (RD)
 Date of distribution of shares with new nominal value as a result of stock split to      :
 securities account holders at KSEI; Commencement of trading of shares with new
                                                                                                          10 February 2025
 nominal value in the cash market; Commencement date of settlement of transactions
 of shares with new nominal value in the regular market and negotiations

Procedures for implementing the Stock Split:
1. For shareholders of the Company whose shares are held in the collective custody of the Indonesian Central Securities
    Depository (KSEI), the implementation of the Stock Split will be based on the balance of each shareholder’s securities
    account on February 7, 2025. Subsequently, on February 10, 2025, shares with the new nominal value resulting from the
    Stock Split will be distributed through the respective shareholders sub accounts.

2.   For shareholders whose shares are not in the collective custody of KSEI or whose shares are still in physical certificate
     form, requests for the Stock Split can be made starting from February 6, 2025 by submitting the original Collective Share
     Certificate in the name of the shareholder and a photocopy of the shareholder’s identification to the Company’s Share
     Administration Bureau, PT Adimitra Jasa Korpora.

                                                  OTHER INFORMATION

1.   The Company does not issue equity securities other than shares;
2.   Taking into account POJK 15/2022, the Stock Split plan does not use a share valuation report;
3.   The Company does not have any corporate action plan that will affect the number of shares and/or the Company's
     capital which will be carried out within 6 (six) months after the date of the Stock Split.

                STATEMENT OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS

The Board of Directors and the Board of Commissioners of the Company are fully responsible for the accuracy of all information
contained in this Information Disclosure and state that they have fully disclosed the material facts and there are no other
material facts that are not included, which could provide a misleading understanding in connection with the Stock Split.




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                                              ADDITIONAL INFORMATION

To obtain additional information in connection with the Stock Split, shareholders of the Company may contact the Corporate
Secretary of the Company, during working days and hours, to the following address:


                                                 Corporate Secretary
                                         PT Saraswanti Anugerah Makmur Tbk

                                        Surya Inti Permata Juanda Super Blok A-52
                                 Jl. Raya Juanda, Wedi, Gedangan, Sidoarjo, Jawa Timur
                                                  Phone: (031) 82516888;
                                                    Fax.: (031) 82516555
                                             Email: corsec@saraswanti.com
                                          Website: www.saraswantifertilizer.com

                                            Surabaya, December 9, 2024
                                          Board of Directors of the Company




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Names mentioned 7 people and organisations named in the text · linked when the evidence is strong

linked org SARASWANTI ANUGERAH MAKMUR TBK p.1 ×14
possible org PT BURSA EFEK INDONESIA p.1 ×3
unresolved org FINANCIAL SERVICES AUTHORITY p.1 ×3
unresolved org Indonesia Stock Exchange p.2
unresolved person Rini Yulianti p.3
unresolved org PT Adimitra Jasa Korpora p.3
unresolved org PT Adimitra Jasa Korpora. OTHER INFORMATION p.4

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