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Page 1
               PT. MD Entertainment Tbk (“FILM”)
               Press release – acquisition | November 2024


  Part of MD Entertainment’s recent acquisition is to change
  the organization name of PT Net Visi Media Tbk to PT MDTV
  Media Technologies Tbk

          From                                 To
   PT Net Visi Media Tbk        PT MDTV Media Technologies Tbk


  Jakarta, November 13, 2024 – During the Extraordinary General
  Meeting of Shareholders(EGMS)PT Net Visi Media Tbk held on
  November 7, 2024, two key agendas were addressed.       The first
  agenda approved the name change from PT Net Visi Media Tbk to PT
  MDTV Media Technologies Tbk. This strategic rebranding aligns with
  the company’s integration into the MD Entertainment’s ecosystem,
  reinforcing MD Entertainment's position as a market leader in
  Indonesian media.

  The addition of PT MDTV Media Technologies Tbk as a Free-To-Air
  (FTA) channel is based on two strategic factors: a high
  traditional television penetration rate in regions largely
  untapped by OTT and cinema, and limited competition, with FTA
  dominated by only a few players. Cinema distribution also skews
  heavily towards primary markets, leaving secondary and tertiary
  regions underserved. By focusing on these segments, PT MDTV Media
  Technologies Tbk is positioned to boost viewership and contribute
  incremental earnings to MD Entertainment, enhancing its national
  reach and market impact.

  Note: Above name change is only for holding level. IDX ticker and
  operating companies with all its subsidiaries does not have any
  effect and business as usual.
  Upcoming movies/series:




Leading the industry                                                   1
Page 2
                  PT. MD Entertainment Tbk (“FILM”)
                  Press release – acquisition | November 2024


  Appointment of new management in PT MDTV
  Media Technologies Tbk
  The second agenda approved the change in           management   and
  appointing new management in the company into:


  Board of Commissioners:

  ⁃   Manoj Dhamoo Punjabi      | President Commissioner

  ⁃   Shania Manoj Punjabi      | Commissioner

  ⁃   Sanjeva Advani            |   Commissioner

  ⁃   Rommy Fibri Hardianto     | Independent Commissioner


  Board of Directors:

  ⁃   Halim Lie                 |   President Director

  ⁃   Surya Hadiwinata          |   Director

  ⁃   Priyadarshi Anand         |   Director

  ⁃   Esmal Diansyah            |   Director


  Halim Lie has been appointed by Manoj Punjabi as the President
  Director for the company upon the agreement of the EGMS.

  Manoj Punjabi, President Commissioner of PT MDTV Media
  Technologies Tbk, stated, “Halim Lie is a well-established
  figure in the broadcasting industry, with extensive experience
  in building top-tier broadcasting networks such as SCTV,
  Indosiar, and RCTI. With a strong team in place, we are
  confident that PT MDTV Media Technologies Tbk will play a vital
  role in advancing Indonesia’s creative industry.”




Leading the industry                                                    2
Page 3
              PT. MD Entertainment Tbk (“FILM”)
              Press release – acquisition | November 2024

  Background of the management
  Board of Commissioners
                            • President Commissioner since 2024
                            • Founder and President Director of MD
                              Entertainment
                            • Bachelor's degree in Marketing and Finance
                              from Indonesian European University, 1993
                            • Over 20 years in the entertainment industry
                            • Led MD Entertainment in producing television
                              shows, films, music, and animated films
                            • Created hits TV shows and top Indonesian
     Manoj Dhamoo Punjabi     movies
   President Commissioner


                            • Commissioner since 2024
                            • Currently   President   Commissioner   of   MD
                              Entertainment
                            • Bachelor of Science degree in Economics,
                              majoring   in    Marketing    and    Strategic
                              Management    from    the   Wharton    School,
                              University of Pennsylvania
                            • Over 19 years of experience in holding
     Shania Manoj Punjabi     several vital positions, mainly in the
             Commissioner     entertainment industry



                            • Commissioner since 2024
                            • Currently Commissioner of MD Entertainment
                            • Earned a Bachelor of Business Administration
                              with a major in Finance from the State
                              University of New York Buffalo in 1992
                            • Over 31 years of experience in different
                              industries
           Sanjeva Advani
             Commissioner


                            • Commissioner since 2024
                            • Recently finished his tenure as the chairman
                              of Lembaga Sensor Film
                            • Earned a Master’s degree of Communication
                              from The London School of Public Relation
                              (LSPR) Jakarta in 2016
                            • Over 20 years of experience in holding
                              several vital positions, mainly in the media
    Rommy Fibri Hardianto     industry
 Independent Commissioner

Leading the industry                                                           3
Page 4
             PT. MD Entertainment Tbk (“FILM”)
             Press release – acquisition | November 2024

  Background of the management
  Board of Directors
                           • President Director since 2024
                           • Previously the President Commissioner of
                             NETV since 2021
                           • Bachelor of Management from Universitas
                             Parahyangan, Bandung in 1985
                           • Over 30 years of experience in holding
                             several vital positions, mainly in the media
                             and entertainment industry
               Halim Lie
      President Director



                           • Director since 2024
                           • Previously the Director of NETV since 2021
                           • Bachelor of Electrical Engineering from
                             Curtin University in 2003
                           • Over 15 years of experience in the media and
                             entertainment industry

        Surya Hadiwinata
                Director


                           • Director since 2024
                           • Currently Director of MD Entertainment
                           • Bachelor of Commerce Honours degree at SRCC,
                             Delhi University in 2005
                           • A professional accountant     from ICAI and
                             corporate secretaryfrom ICSI
                           • Over 20 years of experience in the finance
       Priyadarshi Anand     field
                Director


                           • Director since 2024
                           • Previously CDO & CMO of MNC Portal Indonesia
                           • Earned a Bachelor of Marketing Management
                             from Sriwijaya University, Sumatra in 2022
                           • Over 20 years of experience in holding
                             several vital positions, mainly in the media
                             and entertainment industry
          Esmal Diansyah
                Director


Leading the industry                                                        4
Page 5
              PT. MD Entertainment Tbk (“FILM”)
              Press release – acquisition | November 2024


  As President Director, Halim Lie will be supported by a highly
  experienced board of directors in the Indonesian broadcasting
  and creative content industries. The team includes Esmal
  Diansyah, who has extensive experience with national private
  broadcasters such as RCTI, SCTV, ANTV, and INews; Surya
  Hadiwinata, a former Director of NETV with experience at EMTEK
  Group and INews; and Priyadarshi Anand, a professional
  accountant with a background across several companies.

  On the Board of Commissioners, Company’s President Commissioner,
  Manoj Dhamoo Punjabi, is joined by Commissioners Shania Manoj
  Punjabi and Sanjeva Advani and Independent Commissioner Rommy
  Fibri Hardiyanto.

  Halim Lie, President Director of PT MDTV Media Technologies Tbk,
  stated, "With our new name, leadership, and robust financial
  backing, PT MDTV Media Technologies Tbk. is poised to drive
  innovation in the broadcasting industry and enrich entertainment
  experiences for the Indonesian public. We are committed to
  continuously   enhancing   broadcast   quality  and   delivering
  relevant, engaging content to our audiences."




Leading the industry                                                 5

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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org MD Entertainment Tbk p.1 ×20
linked org PT MDTV Media Technologies Tbk p.1 ×19
linked person Manoj Dhamoo Punjabi p.2 ×3
linked person Shania Manoj Punjabi p.2 ×3
linked person Sanjeva Advani p.2 ×3
linked person Priyadarshi Anand p.2 ×3
linked person Esmal Diansyah p.2 ×3
linked person Rommy Fibri Hardiyanto. p.5
possible person Surya Hadiwinata p.2 ×3
unresolved org Net Visi Media Tbk p.1 ×8
unresolved org Media Technologies Tbk p.1 ×10

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