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PRESS RELEASE
GRAND OPENING OF THE NEW PANAKKUKANG BOULEVARD
HYPERMART STORE: CLOSER, MORE COMPLETE, MORE EXCITING!


Makassar, 24 October 2024 – Good news for the people of Makassar! PT Matahari Putra Prima Tbk (“the
Company”/“MPPA”) proudly announces the grand opening of a new Hypermart store. As a favorite family
shopping destination, Hypermart is now located in a more strategic location at Jl. Boulevard Blok F. 37- 42,
Masale, next to CIMB Bank. With easier access and a spacious parking area, shopping at Hypermart is now
more enjoyable.

The new Hypermart Panakkukang store features modern design with compact layout. All your daily needs,
from fresh produce, household essentials, ready-to-eat meals, and bakery products are available here.
Everything is offered at an affordable price.

Jerry Goei, MPPA’s Director, commented, "We are thrilled to be closer to our loyal customers in
Panakkukang. With this new location, we hope to make our store more accessible and become the main
shopping destination for the daily needs of the local community.”

Jerry added, “We are committed to provide a more comfortable and enjoyable shopping experience for
customers. With the new compact format, we hope that the customer's shopping experience will be more
efficient and satisfying."

To celebrate the opening of the new Hypermart store, a series of exciting activities will be held including
pound fit and zumba. We also offer a wide range of attractive promotions, featuring everything from our
fresh produce to household essentials. Customers will have the opportunity to receive free shopping
vouchers, exclusive gifts for members, and special discounts from our payment partners.

So, what are you waiting for? Invite your family and friends to visit the new Hypermart Panakkukang store
and experience the joy of shopping for yourself!


                                                                 ***OOO***


ABOUT MPPA

PT Matahari Putra Prima Tbk (“MPPA”) is a modern retail company in Indonesia established in 1986. MPPA
operates 182 stores with various formats such as Hypermart, Hyfresh, Foodmart, Primo, Boston Health &
Beauty, and FMX. MPPA has received the Halal Certification from the Halal Product Assurance Agency
(BPJPH).


PT Matahari Putra Prima Tbk
Gajah Mada Plaza Lt. SG. Jl · Gajah Mada No. 19-26 Petojo Utara · Gambir – Jakarta Pusat 10130 · Indonesia

Kantor Pusat Operasional
Hypermart Cyberpark, UG Floor · Jl. Sultan Falatehan · Lippo Karawaci Utara – Tangerang · Banten 15138 · Indonesia
Tel. +62 21 5081 3000 · Fax +62 21 8061 5757 · www.mppa.co.id
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For more information, contact:
PT Matahari Putra Prima Tbk.
Email: corporate.communication@hypermart.co.id
Website: http://mppa.co.id



------------------------------------
This press release has been prepared by PT Matahari Putra Prima Tbk (MPPA) and is circulated for general information purposes only. It is not intended
for any specific person or purpose and does not constitute a recommendation regarding the safety of MPPA. No warranty (express or implied) is made as
to the accuracy or completeness of the information. All opinions and estimates included in this release constitute our judgment as of this date and are subject
to change without prior notice.

MPPA disclaims any responsibility or liability whatsoever arising which may be brought against or suffered by any person as a result of reliance on the
whole or any part of the contents of this press release and neither MPPA nor any of its affiliated companies and their respective employees and agents
accepts liability for any errors, omissions, or otherwise, in this press release, and for any inaccuracies or omissions that may occur.

Forward-looking statements

Certain statements in this release are or may be forward-looking statements. These statements typically contain words such as "will", "expects" and
"anticipates" and similar words. By their nature, forward-looking statements involve a number of risks and uncertainties that could cause actual events or
results to differ materially from those described in this release. Factors that could cause actual results to differ include, but are not limited to, economic,
social and political conditions in Indonesia; the state of the property industry in Indonesia; prevailing market conditions; increases in the regulatory burden
in Indonesia, including environmental regulations and compliance costs; foreign exchange rate fluctuations; interest rate trends, cost of capital and
availability of capital; anticipated demand and pricing for our developments and related capital expenditures and sale investments; construction costs;
availability of real estate properties; competition from other companies and venues; shifts in customer demand; changes in operating costs, including
employee wages, benefits and training; changes in government and public policy; our ability to become and remain competitive; our financial condition,
business strategy and management's plans and objectives for future operations; future receivables generation; and environmental compliance and
remediation. If any one or more of such uncertainties or risks, among others, materialize; actual results could differ materially from those estimated,
anticipated or projected. In particular, but not limited to, capital costs could increase, projects could be delayed and anticipated increases in production,
capacity or performance may not be fully implemented. Although we believe that our management's expectations reflected in such forward-looking
statements are reasonable based on the information available to us, no assurance can be given that such expectations will prove to be correct. You should
not place undue reliance on such statements. In any event, these statements speak only as of the date hereof, and we undertake no obligation to update
or revise any of them, whether as a result of new information, future events or otherwise.




PT Matahari Putra Prima Tbk
Gajah Mada Plaza Lt. SG. Jl · Gajah Mada No. 19-26 Petojo Utara · Gambir – Jakarta Pusat 10130 · Indonesia

Kantor Pusat Operasional
Hypermart Cyberpark, UG Floor · Jl. Sultan Falatehan · Lippo Karawaci Utara – Tangerang · Banten 15138 · Indonesia
Tel. +62 21 5081 3000 · Fax +62 21 8061 5757 · www.mppa.co.id

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