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Asset transaction Needs review RMKE

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            DISCLOSURE INFORMATION TO THE
          SHAREHOLDERS OF PT RMK ENERGY TBK.
     IN ORDER TO COMPLY WITH FINANCIAL SERVICE AUTHORITY REGULATION
    NO. 17/POJK.04/2020 REGARDING MATERIAL TRANSACTION AND CHANGES IN
      BUSIMESS ACTIVITY AND NO. 42/POJK.04/2020 REGARDING TAFFILIATED
            TRANSACTION AND CONFLICT OF INTEREST TRANSACTION




                                    PT RMK ENERGY TBK.
                                        (“Company”)
                                    Based in di West Jakarta

                                   Main Business Activities:
  Engage in mining service & other excavation, river & lake port services and holding companies.


                                        Head Office
                        Wisma RMK Lt. 2, Puri Kencana Blok M4 No.1
                                Kembangan, West Jakarta
                                 Jakarta 11610, Indonesia
                                  Phone (62-21) 582 2555
                                   Fax. (62-21) 582 7555
                              Website: www.rmkenergy.com
                              Email: corsec@rmkenergy.com



The Board of Commissioners and the Board of Directors of the Company, both individually
and collectively, are responsible for the completeness and accuracy of all information or
material facts contained in this Information Disclosure and emphasize that the information
stated is correct and there are no material facts that are not stated which may cause this
information to be misleading.

         This disclosure information is published in Jakarta on August 22, 2024.




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I.   DEFINITION AND ABBREVIATION

Affiliation      :       Means:
                         (a) Family relationship by reason of marriage up to the second degree,
                             both horizontal and vertical, namely the relationship of the person
                             with:
                             1. husband and wife;
                             2. parent of the husband or wife and the husband or wife of
                                 children;
                             3. grandparent of the husband or wife and the husband or wife of
                                 grandchildren;
                             4. siblings of the husband or wife along with their husband or wife
                                 of the sibling concerned; or
                             5. husband or wife of the sibling of the person concerned;
                         (b) Family relationship by reason of descent up to the second degree,
                             both horizontally and vertically namely the relationship of the person
                             with:
                             1. parent and children;
                             2. grandparent and grandchildren; or
                             3. sibling of the person concerned;
                         (c) Relationship between a party and employees, directors, or
                             commissioners of said parties;
                         (d) Relationship between 2 (two) or more companies in which there are
                             one or more members of the board of directors, management, board
                             of commissioners of supervisors who are the same;
                         (e) Relationship between a company and a party, either directly or
                             indirectly, by any means whatsoever, controls or is controlled by the
                             company or party in question in determining the management
                             and/or policy of the company or party concerned;
                         (f) Relationship between 2 (two) or more companies that are
                             controlled, either direct or indirect, by any means whatsoever, in
                             determining the management and/or policy of the company by the
                             same party; or
                         (g) Relationship between a company and its substantial shareholder, i.e.
                             a party directly or indirectly own at least 20% (twenty percent) of the
                             share with voting rights of the said company.
                         A difference between the economics of interest of publicly traded
Conflict of      :
                         companies and personal economic interest of members of the board of
Interest
                         directors, member of the board of commissioners, majority shareholders
                         or controllers that may be harmful to the publicly traded companies
                         concerned.
                         Company Financial Statement that have been audited by registered
Financial            :
                         public accountant Teramihardja, Pradhono & Chandra for the period ended
Statement
                         March 31, 2024 based on report No.00606/2.0851/AU.1/02/1208-
                         2/1/VIII/2024 dated August 16, 2024.

                         Minister of Law and Human Rights of the Republic of Indonesia.
Menkumham            :

                                                                                                   2
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                       Means an independent institution with function, duties, and authority in
OJK                :
                       regulatory, supervisory, examination, and investigation as stipulated in
                       Law No. 21 of 2011 on Financial Service Authority, as amended by P2SK
                       Law.
                       PT RMK Energy Tbk.
Company            :
                       OJK regulation No. 17/POJK.04/2020 regarding Material Transaction and
POJK No. 17/2020   :
                       Change of Business Activity.
                       OJK regulation No. 42/POJK.04/2020 regarding Affiliated Transactions
POJK No. 42/2020   :
                       and Conflict of Interest Transactions.
                       PT Rantaimulia Kencana, a limited liability company established by virtue
RMK                :
                       of the law of the Republic of Indonesia and domiciled in West Jakarta.
                       PT Royaltama Marina Kencana, a limited liability company established by
RMKA               :
                       virtue of the law of the Republic of Indonesia and domiciled in West
                       Jakarta.
                       PT RMK Investama, a limited liability company established by virtue of the
RMKI               :
                       law of the Republic of Indonesia and domiciled in West Jakarta.
                       PT RMK Mekanika Investama, a limited liability company established by
RMKMI              :
                       virtue of the law of the Republic of Indonesia and domiciled in West
                       Jakarta.
                       PT RMK Powerindo Kencana, a limited liability company established by
RPK                :
                       virtue of the law of the Republic of Indonesia and domiciled in West
                       Jakarta.
                       Providing loans by the Company to RMK, RMKA, RMKI, RMKMI, RPK and
Transaction Plan   :
                       WSS.
                       General Meeting of Shareholders.
GMS                :
                       Any activities and/or transactions that are carried out by publicly traded
Affiliated         :
                       companies or a controlled company with Affiliations of publicly traded
Transactions
                       companies or Affiliations of members of the board of directors, members
                       of the board of commissioners, majority shareholders, or controllers,
                       including any activities and/or transactions that are carried out by publicly
                       traded companies or controlled companies in the interests of Affiliations
                       publicly traded companies or Affiliations of members of the board of
                       directors, members of the board of commissioners, majority
                       shareholders, or controllers.
                       Every transaction carried out by a public company that meets the value
Material           :
                       limits are regulated in POJK No. 17/2020.
Transaction
                       PT Wahana Sukses Sejati, a limited liability company established by virtue
WSS                :
                       of the law of the Republic of Indonesia and domiciled in West Jakarta.




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    II. BACKGROUND

This Disclosure of Information is conveyed to the Company's shareholders in connection with the
provision of loans by the Company to RMK, RMKA, RMKI, RMKMI, RPK and WSS.

RMK, RMKA, RMKI, RMKMI, RPK and WSS are companies under the same control as the Company. In
addition, members of the Board of Commissioners and members of the Board of Directors of the
Company also serve as members of the Board of Commissioners and members of the Board of Directors
of RMK, RMKA, RMKI, RMKMI, RPK and WSS so that they are affiliated parties with the Company as
regulated in POJK 42/2020.

In connection with the provision of loans by the Company to RMK, RMKA, RMKI, RMKMI, RPK and WSS,
the Company has appointed the Syarif, Endang & Partners Public Appraisal Services Office to carry out
an assessment regarding the fairness of the Affiliate Transaction.


    III. TRANSACTION PLAN INFORMATION


1. Transaction Object and Value

      The loan agreement was signed by the Parties on August 20 2024, with the following details:
                                                                                                   Loan Value as of                 POJK Compliance
                                                                                          Period
No Creditor Debitor           Agreement No             Ceiling (IDR)      Interest                  March 31, 2024    No. 17/2020           No. 42/2020
                                                                 0% for the first 3
                                                                                                                                 Affiliate transactions because
                                                                 months and with
                                                                                                                   material      they are under the same
    The           02.63/SPK/RMK-RMKE/VIII/2024                   interest equivalent to
1           RMK                                  325.000.000.000                          1 year   270.515.320.063 transactions: control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   21.34% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                 Commissioners and Directors
                                                                 following months.
                                                                 0% for the first 3
                                                                                                                                  Affiliate transactions because
                                                                 months and with
                                                                                                                   Not a material they are under the same
    The           02.65/SPK/RMKI-RMKE/VIII/2024                  interest equivalent to
2           RMKI                                  60.000.000.000                          1 year    54.831.673.194 transaction:   control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   3.94% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                  Commissioners and Directors
                                                                 following months.
                                                                 0% for the first 3
                                                                                                                                  Affiliate transactions because
                                                                 months and with
                                                                                                                   Not a material they are under the same
    The           02.68/SPK/WSS-RMKE/VIII/2024                   interest equivalent to
3           WSS                                   10.000.000.000                          1 year     8.621.335.920 transaction:   control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   0.66% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                  Commissioners and Directors
                                                                 following months.
                                                                 0% for the first 3
                                                                                                                                  Affiliate transactions because
                                                                 months and with
                                                                                                                   Not a material they are under the same
    The           02.64/SPK/RPK-RMKE/VIII/2024                   interest equivalent to
4           RPK                                   10.000.000.000                          1 year     5.227.875.200 transaction:   control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   0.66% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                  Commissioners and Directors
                                                                 following months.
                                                                 0% for the first 3
                                                                                                                                  Affiliate transactions because
                                                                 months and with
                                                                                                                   Not a material they are under the same
    The           02.66/SPK/RMKMI-RMKE/VIII/2024                 interest equivalent to
5           RMKMI                                  6.000.000.000                          1 year     4.433.102.337 transaction:   control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   0.39% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                  Commissioners and Directors
                                                                 following months.
                                                                 0% for the first 3
                                                                                                                                  Affiliate transactions because
                                                                 months and with
                                                                                                                   Not a material they are under the same
    The           02.67/SPK/RMKA-RMKE/VIII/2024                  interest equivalent to
6           RMKA                                   5.000.000.000                          1 year     2.932.532.900 transaction:   control, there are similar
    Company       dated August 20, 2024                          IndONIA 3 (three)
                                                                                                                   0.33% Equity members of the Board of
                                                                 months + 1% for the
                                                                                                                                  Commissioners and Directors
                                                                 following months.




                                                                                                                                                          4
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2. Information on the parties carrying out the Transaction Plan

   a. PT RMK Energy Tbk (“Company”)

       Short History
       PT RMK Energy Tbk (the “Company”) was established based on Notarial Deed No. 60 of Roslina
       Sari Hendarto, S.H., dated June 22, 2009. The Deed of Establishment was approved by the
       Minister of Law and Human Rights of the Republic of Indonesia in his Decision Letter No.
       AHU.33663.AH.01.01.Tahun 2009 dated July 17, 2009.

       The Company's Articles of Association have been amended several times, most recently by
       Notarial Deed No.29 of Christina Dwi Utami, S.H., M.Hum., M.Kn., dated December 5, 2023.
       Notification of amendment to the Articles of Association was approved by the Ministry of Law
       and Human Rights of the Republic of Indonesia based on its Decree No. AHU-0076862.AH.01.02
       Tahun 2023 dated December 8, 2023.

       In accordance with Article 3 of the Company’s Articles of Association, the scope of the Company’s
       activities is to engage in other mining & excavation support activities, river & lake port services
       and holding companies. The Company started its operations in March 2011. Currently, the main
       scope of the Company’s activities is coal trading, unloading, loading and crushing of coal services.

       The Company’s main office is located at Wisma RMK Blok M4 No. 1, 2nd Floor, Jl. Puri Kencana
       RT/RW 002/007 Kel. South Kembangan Kec. Kembangan Kota, West Jakarta. Telephone number:
       021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

       The Company’s Subsidiaries

               Subsidiaries         Domicile       Nature of        Start of    Percentage of     Total Asset
                                                   business       commercial     ownership      March 31, 2024
                                                                  operations     March 31,      (In thousands)
                                                                                    2024
         Direct Ownership
         PT Royaltama Mulia          Jakarta    Services          2022                99,90%    Rp.425.976.923
         Kencana
         PT Royaltama Multi          Jakarta    Coal trading and 2020                 99,90%    Rp.818.013.194
         Komoditi Nusantara                     services
         PT Royaltama Marga          Jakarta    Services          Not Yet             99,90%    Rp.250.000.000
         Kencana                                                  Operational
         PT Truba Bara Banyu Enim Jakarta       Coal mining       2008                   62%    Rp.198.315.983
         Indirect Ownership through PT Royaltama Multi Komoditi Nusantara
         Pisteuo Commodities Pte.    Singapore Coal trading and 2024                   100%      Rp.31.123.478
         Ltd.                                   services




                                                                                                            5
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The Company's capital structure and shareholders
The capital structure and shareholders of the Company at the time this information disclosure
was published in accordance with the statement letter from the Biro Administrasi Efek of PT
Adimitra Jasa Korpora as of July 31, 2024 were as follows:

                                             Par Value Rp100 per share
                                                                                  Percentage
              Description             Number of Shares     Total Nominal Value
                                                                                      (%)
                                         (Shares)                  (Rp)
 Authorized Capital                      14.000.000.000       1.400.000.000.000
 Issued and fully paid
   - PT. RMK Investama                    3.360.000.000        336.000.000.000         76,80
   - Tony Saputra                            70.000.000           7.000.000.000         1,60
   - Suriani                                 42.000.000           4.200.000.000         0,96
   - Vincent Saputra                         14.000.000           1.400.000.000         0,32
   - William Saputra                         14.000.000           1.400.000.000         0,32
   - Masyarakat                             875.000.000         87.500.000.000         20,00
 Total Issued and fully paid              4.375.000.000         437.500.000.000       100,00
 Shared in Portepel                        9.625.000.000       962.500.000.000

Management and Supervision
Based on the Deed of Statement of Meeting Decisions of PT. RMK Energy Tbk. No. 29 dated
December 5, 2023, made before Christina Dwi Utami, S.H., M.Hum., M.Kn., Notary in the
Administrative City of West Jakarta, who has obtained the Decree of the Minister of Law and
Human Rights of the Republic of Indonesia No. AHU-0076862.AH.01.02.TAHUN 2023
concerning Approval of Amendments to the Articles of Association of the Limited Liability
Company PT. RMK Energy, Tbk. dated 8 December 2023, which has been registered in the
Company Register No. AHU-0248906.AH.01.11.TAHUN 2023 dated December 8, 2023, the
composition of the members of the Company's Board of Commissioners and Directors is as
follows:

Board of Commissioners
President Commissioner             : Tony Saputra
Independent Commissioner           : F Saud Tamba Tua
Independent Commissioner           : Rokhmad Sunanto

Board of Directors
President Director                 : Vincent Saputra
Director                           : William Saputra
Director                           : Sugiyanto




                                                                                           6
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   Financial Position
   Summary of Consolidated Financial Position of the Company based on Consolidated Financial
   Statement is as follow:

                 FINANCIAL POSITION                March 2024              December 2023
                                                      (Rp)                     (Rp)
    Asset
      Current Asset                                 1.127.327.000.07         1.208.747.284.784
      Non-Current Asset                             1.082.474.090.304        1.038.947.696.746
    Total Asset                                     2.209.801.090.38          2.247.694.981.53
    Liabilities and equity                                          2                        0
      Current Liabilities                            606.100.681.699           655.292.772.942
      Non-Current Liabilities                         81.024.768.382           106.969.702.655
      Total Liabilities                              687.125.450.081           762.862.475.597
      Equity                                        1.522.675.640.30         1.484.832.505.933
    Total liabilities dan equity                                   1
                                                   2.209.801.090.382         2.247.694.981.530


                STATEMENT OF PROFIT                March 2024              December 2023
                      OR LOSS                         (Rp)                     (Rp)
    Net Revenue                                      585.855.230.310           761.864.738.988
    Cost of Revenue                                 (514.329.706.372         (576.480.673.792)
    Gross Profit                                      71.525.523.938)          185.384.065.196
    Profit for the Year                               37.764.639.322          129.131.135.133
    Total comprehensive income for the year           37.843.134.368          129.154.856.241


b. PT RMK Investama

   Short History
   PT RMK Investama was established based on Notarial Deed No. 84 from Roslina Sari Hendarto,
   S.H., dated May 21, 2013. The Deed of Establishment has been approved by the Minister of Law
   and Human Rights of the Republic of Indonesia in Decree No. AHU-29613.AH.01.01.Tahun 2013
   dated May 31, 2013.

   The Company's Articles of Association have been amended several times, most recently by
   Notarial Deed No.48 of Doktoranda Raden Roro Hariyanti S.H., dated October 26, 2023.
   Notification of amendment to the Articles of Association was approved by the Ministry of Law
   and Human Rights of the Republic of Indonesia based on its Decree No. AHU-0066416.AH.01.02
   Tahun 2023 dated October 31, 2023.

   In accordance with Article 3 of the Company's Articles of Association, the scope of the
   Company's activities includes holding company activities. Currently the Company has not
   started operational activities.

   The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
   RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
   number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

                                                                                            7
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   Capital structure and shareholders
   Capital structure based on the latest changes by notarial deed No. 48 dated October 26, 2023
   from Doktoranda Raden Roro Hariyanti Poerbiantari, S.H., are as follows:

                                               Par Value Rp100.000 per share
                                                                                        Percentage
                Description                Number of Shares    Total Nominal Value
                                                                                            (%)
                                              (Shares)                 (Rp)
    Authorized Capital                             7.000.000        700.000.000.000
    Issued and fully paid
      - PT. RMK Group Indonesia                     1.749.999        174.999.900.000         99,99
      - Tn. Tony Saputra                                    1                100.000          0,01
    Total Issued and fully paid                     1.750.000         175.000.000.000       100,00
    Shared in Portepel                              5.250.000         525.000.000.000

   Management and Supervision
   Based on Notarial Deed No. 48 from Doktoranda Raden Roro Hariyanti Poerbiantari, S.H., dated
   October 26, 2024, which has been received and recorded in the Legal Entity Administration
   System of the Ministry of Law and Human Rights of the Republic of Indonesia with No. AHU-
   0066416.AH.01.02.Tahun 2023 dated October 31, 2023 is as follows:

    Board of Commissioner
    Commissioner                  :   Suriani

    Board of Directors
    President Director            :   Tony Saputra
    Director                      :   Vincent Saputra
    Director                      :   William Saputra
    Director                      :   Nathania Pricilla Saputra

c. PT Wahana Sukses Sejati

   Short History
   PT Wahana Sukses Sejati was established based on Notarial Deed No. 2 from Christina Dwi
   Utami, S.H., M.Hum., M.Kn., dated February 1, 2012. The Deed of Establishment has been
   approved by the Minister of Law and Human Rights of the Republic of Indonesia in Decree No.
   AHU-16464.AH.01.01.Tahun 2012 dated March 29, 2012.

   The Company's Articles of Association have been amended several times, most recently by
   Notarial Deed No.102 of Jimmy Tanal, S.H., M.Kn, dated October 15, 2021. Notification of
   amendment to the Articles of Association was approved by the Ministry of Law and Human Rights
   of the Republic of Indonesia based on its Decree No. AHU-0190656.AH.01.11.Tahun 2021 dated
   November 2, 2021.

   In accordance with Article 3 of the Company's Articles of Association, the scope of activities The
   Company operates in the fields of development, trade, industry, land transportation,
   agriculture, printing, workshops, services except legal and tax services. Currently the Company
   has not started operational activities.


                                                                                                  8
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   The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
   RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
   number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

   Capital structure and shareholders
   Capital structure based on the latest changes by notarial deed No. 102 dated October 15, 2021
   from Jimmy Tanal, S.H., M.Kn, are as follows:

                                               Par Value Rp1.000 per share
                                                                                      Percentage
                Description               Number of Shares    Total Nominal Value
                                                                                          (%)
                                             (Shares)                 (Rp)
    Authorized Capital                           10.000.000         10.000.000.000
    Issued and fully paid
      - PT. RMK Investama                          1.275.000          1.275.000.000            51
      - PT. Renjana Swakarya Energy                1.225.000          1.225.000.000            49
    Total Issued and fully paid                    2.500.000          2.500.000.000        100,00
    Shared in Portepel                             7.500.000          7.500.000.000

   Management and Supervision
   Based on Notarial Deed No. 102 from Jimmy Tanal, S.H., M.Kn, dated October 15, 2021, which
   has been received and recorded in the Legal Entity Administration System of the Ministry of
   Law and Human Rights of the Republic of Indonesia with No. AHU-0190656.AH.01.11.Tahun
   2021 dated November 2, 2021 is as follows:

    Board of Commissioner
    President Commissioner        :   William Saputra
    Commissioner                      Surya Negara Kasih

    Board of Directors
    Director                      :   Vincent Saputra


d. PT Rantaimulia Kencana

   Short History
   PT Rantaimulia Kencana was established based on Notarial Deed No. 187 from Misahardi
   Wilamarta, S.H., dated 21 Januari 1991. Notary in Jakarta and The Deed of Establishment has
   been approved by the Minister of Law and Human Rights of the Republic of Indonesia in Decree
   No. C2-690 HT.01.01.Th.92 dated January 23, 1992. The Company's Articles of Association have
   been amended several times, most recently by Notarial Deed No.1 of Muhammad Firmansyah
   S.H., M.Kn., Notary in Tangerang. Notification of amendment to the Articles of Association was
   approved by the Ministry of Law and Human Rights of the Republic of Indonesia based on its
   Decree No.AHU-0049898.AH.01.02 Tahun 2019 dated August 12, 2019.

   In accordance with Article 2 of the Company's Articles of Association, the scope of the
   Company's activities includes general trading, wholesalers, general industry, general
   transportation, agriculture, businesses in the fields of printing services, general mining, real


                                                                                                9
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   estate and developers. Currently the Company's main activity is trading in machines and spare
   parts and manufacturing conveyors. The company started commercial operations in 1991.

   The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
   RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
   number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

   Capital structure and shareholders
   Capital structure based on the latest changes by notarial deed No. 10 from Muhammad
   Firmansyah, S.H., M.Kn, dated December 19, 2018 are as follows:

                                              Par Value Rp100.000 per share
                                                                                      Percentage
                Description               Number of Shares    Total Nominal Value
                                                                                          (%)
                                             (Shares)                 (Rp)
    Authorized Capital                            1.200.000        120.000.000.000
    Issued and fully paid
      - PT. RMK Mekanika Investama                  240.000         24.000.000.000            80
      - Mr. Tony Saputra                             30.000           3.000.000.000           10
      - Ms. Suriani                                  18.000           1.800.000.000            6
      - Mr. Vincent Saputra                           6.000             600.000.000            2
      - Mr. William Saputra                           6.000             600.000.000            2
    Total Issued and fully paid                     300.000          30.000.000.000       100,00
    Shared in Portepel                              900.000          90.000.000.000

   Management and Supervision
   Based on Notarial Deed No. 1 from Muhammad Firmansyah S.H., M.Kn., dated August 12, 2019,
   which has been received and recorded in the Legal Entity Administration System of the Ministry
   of Law and Human Rights of the Republic of Indonesia with No. AHU-0049898.AH.01.02.Tahun
   2019 dated August 12, 2019 is as follows:

   Board of Commissioner
   Commissioner                  :   Suriani

   Board of Directors
   President Director            :   Tony Saputra
   Director                      :   Vincent Saputra
   Director                      :   William Saputra

e. PT RMK Powerindo Kencana

   Short History
   PT RMK Powerindo Kencana was established based on Notarial Deed No. 05 from Swanny, S.H.,
   Mkn., notary in Jakarta dated April 10, 2015. The Deed of Establishment has been approved by
   the Minister of Law and Human Rights of the Republic of Indonesia in Decree No. AHU-
   2435983.AH.01.01 TAHUN 2015 dated April 24, 2015. The Company's Articles of Association
   have been amended several times, most recently by Notarial Deed dated 10 February 2023 No.24
   Dr Stefanie Hartanto S.H., M.Kn., Notary in Tanggerang, Notification of amendment to the
   Articles of Association was approved by the Ministry of Law and Human Rights of the Republic of

                                                                                               10
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     Indonesia based on its Decree No. AHU- 0032077.AH.01.11 Tahun 2023 dated February 14,
     2023.

     In accordance with Article 3 of the Company's Articles of Association, The Company's scope of
     activities includes trade and transportation. Currently the Company has not started operational
     activities.

     The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
     RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
     number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

     Capital structure and shareholders
     Capital structure based on the latest changes by notarial deed No. 24 dated February 10, 2023
     from Dr Stefanie Hartanto S.H., M.Kn., are as follows:
                                                   Par Value Rp 100.000 per share
                                                                                           Percentage
                   Description                 Number of Shares     Total Nominal Value
                                                                                               (%)
                                                  (Shares)                  (Rp)
      Authorized Capital                                   30.000          3.000.000.000
      Issued and fully paid
        - Mr. William Saputra                               1.275           127.500.000            17
        - Ms. Nathania Pricilla Saputra                     1.200           120.000.000            16
        - Mr. Vincent Saputra                               1.275           127.500.000            17
        - Mr. Tony Saputra                                  3.750           375.000.000            50
      Total Issued and fully paid                           7.500            750.000.000       100,00
      Shared in Portepel                                   22.500          2.250.000.000

     Management and Supervision
     Based on Notarial Deed No. 24 dated February 10, 2023 from Dr Stefanie Hartanto S.H., M.Kn.,
     which has been received and recorded in the Legal Entity Administration System of the Ministry
     of Law and Human Rights of the Republic of Indonesia with No. AHU- 0032077.AH.01.11 Tahun
     2023 dated February 14, 2023 is as follows:

     Board of Commissioner
     Commissioner                    :    Tony Saputra
     Board of Directors
     President Director              :    William Saputra
     Director                        :    Vincent Saputra
     Director                        :    Nathania Pricilla Saputra


f.   PT RMK Mekanika Investama

     Short History
     PT RMK Mekanika Investama was established based on Notarial Deed No. 02 from Muhamad
     Firmansyah, S.H., Mkn, Notary in Tangerang dated September 25, 2018. The Deed of
     Establishment has been approved by the Minister of Law and Human Rights of the Republic of
     Indonesia in Decree No. AHU-0046708.AH.01.01 TAHUN 2018 dated Oktober 3, 2018. The

                                                                                                    11
Page 12
Company's Articles of Association have been amended several times, most recently by Notarial
Deed No. 10 dated16 Juni 2023 dari Nurhasanah S.H., M.Kn., Notary in Jakarta, Notification of
amendment to the Articles of Association was approved by the Ministry of Law and Human
Rights of the Republic of Indonesia based on its Decree No. AHU- 0114417.AH.01.11 Tahun 2023
dated June 20, 2023.

In accordance with Article 3 of the Company's Articles of Association,
The scope of the Company's activities includes mechanical installations, owned or rented real
estate, holding company activities, wholesale trade in office and processing industrial machines,
spare parts and equipment, wholesale trade in sea, land and air transportation spare parts and
equipment, wholesale trade in machinery and other equipment and accessories. Currently the
Company has not started operational activities.

The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

Capital structure and shareholders
Capital structure based on the latest changes by notarial deed No. 09 dated December 19, 2018
from Muhamad Firmansyah, S.H., Mkn., are as follows:

                                          Par Value Rp 1.000.000 per share
                                                                                     Percentage
             Description               Number of Shares     Total Nominal Value
                                                                                         (%)
                                          (Shares)                  (Rp)
 Authorized Capital                               100.000        100.000.000.000
 Issued and fully paid
   - PT RMK Group Indonesia                          24.999        24.999.000.000         99,99
   - Tn. Tony Saputra                                     1              1.000.000         0,01
 Total Issued and fully paid                         25.000         25.000.000.000       100,00
 Shared in Portepel                                  75.000         75.000.000.000

Management and Supervision
Based on Notarial Deed No. 10 dated June 16, 2023 from Nurhasanah S.H., M.Kn., which has
been received and recorded in the Legal Entity Administration System of the Ministry of Law
and Human Rights of the Republic of Indonesia with No. AHU- 0114417.AH.01.11 Tahun 2023
dated June 20, 2023. is as follows:

Board of Commissioner
President Commissioner         :   Tony Saputra
Commissioner                   :   Suriani
Board of Directors
President Director             :   William Saputra
Director                       :   Vincent Saputra




                                                                                              12
Page 13
g. PT Royaltama Marina Kencana

   Short History
   PT Royaltama Marina Kencana was established based on Notarial Deed No. 44 from Bambang
   Ariawan ,S.H., Notary in Jakarta dated September 15, 2022. The Deed of Establishment has been
   approved by the Minister of Law and Human Rights of the Republic of Indonesia in Decree No.
   AHU-0064146.AH.01.01 TAHUN 2022 dated September 16, 2022. The Company's Articles of
   Association have been amended several times, most recently by Notarial Deed No. 4 dated
   January 25, 2023 dari Julinar Theodore Helena S.H., M.Kn., Notary in East Jakarta, Notification
   of amendment to the Articles of Association was approved by the Ministry of Law and Human
   Rights of the Republic of Indonesia based on its Decree No. AHU- 0035961.AH.01.11 Tahun2023
   dated February 20, 2023.

   In accordance with Article 3 of the Company's Articles of Association,
   The scope of the Company's activities includes sea transportation. The company began
   commercial operations in 2023.

   The Company's head office is located at Wisma RMK Blok M4 No. 1, Floor 2, Jl. Puri Kencana
   RT/RW 002/007 Kel. South Kembangan District. City Development, West Jakarta. Telephone
   number: 021-5822555, Fax number: 021-5827555 and Email: rmk@ptrmk.com.

   Capital structure and shareholders
   Capital structure based on the latest changes by notarial deed No. 4 dated January 25, 2023
   from Julinar Theodore Helena S.H., M.Kn., are as follows:

                                             Par Value Rp 1.000.000 per share
                                                                                      Percentage
                 Description              Number of Shares     Total Nominal Value
                                                                                          (%)
                                             (Shares)                  (Rp)
    Authorized Capital                               100.000        100.000.000.000
    Issued and fully paid
      - PT. RMK Investama                               24.999      24.999.000.000         99,99
      - Tn. Tony Saputra                                     1            1.000.000         0,01
    Total Issued and fully paid                         25.000       25.000.000.000       100,00
    Shared in Portepel                                  75.000       75.000.000.000

   Management and Supervision
   Based on Notarial Deed No. 44 dated September 15, 2022 dari Ariawan ,S.H., which has been
   received and recorded in the Legal Entity Administration System of the Ministry of Law and
   Human Rights of the Republic of Indonesia with No. AHU-0064146.AH.01.01 TAHUN 2022 dated
   September 16, 2022. is as follows:

   Board of Commissioner
   President Commissioner         :   Tony Saputra

   Board of Directors
   President Director             :   Vincent Saputra
   Director                       :   William Saputra


                                                                                               13
Page 14
 IV. IMPORTANT INFORMATION IN CONNECTION WITH AFFILIATED TRANSACTION
 INFORMATION
A.   EXPLANATION, CONSIDERATIONS AND REASONS FOR THE TRANSACTION PLAN

     In addition to earning interest income, this loan transaction can also provide other benefits in the
     form of the Company being able to rent out heavy equipment to companies invested in by related
     parties, apart from that, subsidiaries can trade in coal utilizing logistics facilities from companies
     invested in by related parties.

B.   IMPACT OF THE TRANSACTION PLAN ON THE COMPANY’S FINANCIAL CONDITION

     The following is an analysis of the Transaction on the Company's financial condition:

     1. Analysis of the Company's Consolidated Financial Statements
        The Company's pro forma net profit (loss) does not change in connection with the transaction.
        Overall, the proforma of assets and liabilities only experienced immaterial changes and the
        Company's equity after the Transaction did not experience any changes.

     2. Analysis of the Impact of the Company's Consolidated Financial Statements with and without
        Transactions

         Based on profit and loss projections, the calculation of the contribution of added value to the
         Company's profit is as follows:

         With the transaction, the added value contribution during 2024 and 2025 to the Company's
         EBIT will be IDR 4.38 billion and IDR 21.07 billion, respectively. So that by carrying out
         transactions, the Company will obtain added value in the form of increased revenue and
         profits which will benefit the Company.

         The following is a ratio analysis before and after the transaction:

                                   Historical          Projection
                  Description
                                    Q1 2024          2024      2025
         After/With Transaction    Proforma
         - NPM                         6,45%         12,21% 12,25%
         - CR                       178,90%         234,99% 231,88%
         - DAR                        32,75%         50,78% 48,88%
         - DER                        48,70%        103,16% 95,61%
         Before/Without TransactionHistorical
         - NPM                         6,45%         12,08% 11,79%
         - CR                       186,00%         234,27% 228,71%
         - DAR                        31,09%         50,84% 49,14%
         - DER                        45,13%        103,40% 96,62%




                                                                                                          14
Page 15
 V. APPRAISAL REPORT SUMMARY


Summary of Fairness Opinion Report on Loan Transaction
KJPP Syarif, Endang and Partners as Appraisers appointed by the Company to carry out an appraisal to
provide a Fairness Opinion on the Lending Transaction have submitted Appraisal Report No.
00040/2.0113-03/BS/02/0340/1/VIII/2024, No. 00041/2.0113-03/BS/02/0340/1/VIII/2024, No.
00042/2.0113-03/BS/02/0340/1/VIII/2024, No. 00043/2.0113-03/BS/02/0340/1/VIII/2024, No.
00044/2.0113-03/BS/02/0340/1/VIII/2024 and No. 00045/2.0113-03/BS/02/0340/1/VIII/2024 dated 20
August 2024, with the following summary:

Assessment Object
a. Transaction providing loans to RMK with a maximum amount of IDR 325,000,000,000.
b. Transaction providing loans to RMKI with a maximum amount of IDR 60,000,000,000.
c. Transaction providing loans to WSS with a maximum amount of IDR 10,000,000,000.
d. Transaction providing loans to RPK with a maximum amount of IDR 10,000,000,000.
e. Transaction providing loans to RMKMI with a maximum amount of IDR 6,000,000,000.
f. Transaction providing loans to RMKA with a maximum amount of IDR 5,000,000,000.

Assessment Objectives
a. Providing a fairness opinion on transactions providing RMKE loans to RMK.
b. Providing a fairness opinion on transactions providing RMKE loans to RMKI.
c. Providing a fairness opinion on the RMKE loan transaction to WSS.
d. Providing a fairness opinion on the RMKE loan transaction to RPK.
e. Providing a fairness opinion on the RMKE loan transaction to RMKMI.
f. Providing a fairness opinion on the RMKE loan transaction to RMKA.

Assessment Date
The assessment date in this fairness opinion report is March 31, 2024.

Conflict of Interest Regarding Transactions to Be Carried Out
Transactions involve parties whose economic interests of each party are known to have no conflict of
interest regarding the Transaction.

Assessment Approaches and Methods
In accordance with SEOJK No. 17/SEOJK.04/2020, the approach and methods used are as follows:
a. Transaction analysis;
b. Qualitative analysis and quantitative analysis of transaction plans;
c. Analysis of the fairness of the transaction value; And
d. Analysis of other relevant factors.

Assumptions and Limiting Conditions
The assumptions and limiting conditions used in preparing this Fairness Opinion are:
• This Fairness Opinion Report is a non-disclaimer opinion.
• We have reviewed the documents used in the Fairness Opinion.
• In preparing this report, the assessor relied on the accuracy and completeness of the information
    provided by RMKE or data obtained from publicly available information and other information and
    research that we consider relevant.

                                                                                                 15
Page 16
•   The appraiser uses financial projections before and after the Transaction as well as the Proforma
    Financial Report submitted by RMKE to reflect the fairness of the financial projections and their
    ability to achieve (fiduciary duty).
•   The appraiser is responsible for the implementation of the Appraisal and the fairness of the adjusted
    financial projections.
•   The reports produced are open to the public unless there is confidential information that could
    affect RMKE's operations.
•   The appraiser is responsible for the Fairness Opinion Report and the resulting conclusions.
•   The appraiser has obtained information on the legal status of the Fairness Opinion object from the
    assignor.


Conclusion:
Based on the analysis we have carried out on Transaction Fairness which includes transaction analysis,
qualitative analysis and quantitative analysis of transactions, analysis of the fairness of transaction
values and analysis of other relevant factors, we are of the opinion that the RMKE Loan Transaction to
RMK, RMKI, WSS, RPK, RMKMI and RMKA are Fair.




                                                                                                      16
Page 17
 VI. STATEMENT OF THE BOARD OF DIRECTORS AND BOARDS OF COMMISSIONERS


The Company's Board of Commissioners and Directors stated that considering that the Proposed
Transaction is an affiliate transaction as intended in POJK 42/2020, the Company has carried out
adequate procedures to ensure that the affiliate transaction is carried out in accordance with practice.
general business.

The Company's Board of Commissioners and Directors declare that the Loan Transaction is an Affiliate
Transaction and is not a Conflict of Interest Transaction as intended in POJK No. 42/2020.

The Company's Directors and Board of Commissioners are fully responsible for the truth of all
information or material facts contained in this information disclosure and confirm that after
conducting careful research and to the best of their knowledge and belief, the material information
contained in this information disclosure is true and not there are other material facts that have been
omitted, causing the information contained in this information disclosure to be incorrect, incomplete
or misleading.


 VII. ADDITIONAL INFORMATION

To obtain further information regarding the Transaction Plan, the Company's shareholders can contact
the Company at the following correspondence address:


                                        PT RMK ENERGY TBK.
                           Wisma RMK Lt. 2, Puri Kencana Blok M4 No.1
                                   Kembangan, Jakarta Barat
                                    Jakarta 11610, Indonesia
                                      Tel. (62-21) 582 2555
                                      Fax. (62-21) 582 7555
                                 Website: www.rmkenergy.com
                                 Email: corsec@rmkenergy.com




                                                                                                       17

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Names mentioned 45 people and organisations named in the text · linked when the evidence is strong

linked org RMK ENERGY TBK. p.1 ×22
linked org PT Rantaimulia Kencana p.3 ×4
linked org PT Royaltama Marina Kencana p.3 ×4
linked org PT RMK Investama p.3 ×10
linked org PT RMK Mekanika Investama p.3 ×6
linked org PT RMK Powerindo Kencana p.3 ×4
linked org PT Wahana Sukses Sejati p.3 ×4
linked person Tony Saputra p.6 ×16
linked person Vincent Saputra p.6 ×11
linked person William Saputra p.6 ×11
linked person F Saud Tamba Tua p.6
linked person Rokhmad Sunanto p.6
possible person Muhammad Firmansyah S.H. p.9 ×9
possible person Suriani p.10
unresolved org Minister of Law and Human Rights p.2 ×8
unresolved org Endang & Partners p.4
unresolved person Roslina Sari Hendarto p.5 ×2
unresolved person Christina Dwi Utami · Notaris p.5 ×3
unresolved org Ministry of Law and Human Rights p.5 ×10
unresolved org PT Royaltama Mulia p.5
unresolved org PT Royaltama Multi p.5
unresolved org PT Royaltama Marga p.5
unresolved org PT Truba Bara Banyu Enim p.5
unresolved org PT Royaltama Multi Komoditi Nusantara Pisteuo Commodities Pte. p.5
unresolved org PT Adimitra Jasa Korpora p.6
unresolved org Minister of Law p.6
unresolved org PT RMK Investama Short History p.7
unresolved person Doktoranda Raden Roro Hariyanti Poerbiantari p.8 ×2
unresolved org PT. RMK Group Indonesia p.8 ×2
unresolved org PT Wahana Sukses Sejati Short History p.8
unresolved person Jimmy Tanal p.8 ×3
unresolved org PT. Renjana Swakarya Energy p.9
unresolved person Surya Negara Kasih · Commissioner p.9
unresolved org PT Rantaimulia Kencana Short History p.9
unresolved person Misahardi Wilamarta p.9
unresolved org PT RMK Powerindo Kencana Short History p.10
unresolved person Swanny p.10
unresolved person Dr Stefanie Hartanto S.H. p.10 ×3
unresolved person Nathania Pricilla Saputra p.11
unresolved org PT RMK Mekanika Investama Short History p.11
unresolved person Nurhasanah S.H. p.12 ×2
unresolved org PT Royaltama Marina Kencana Short History p.13
unresolved person Julinar Theodore Helena S.H. p.13 ×2
unresolved org Ministry of Law p.13
unresolved org KJPP Syarif p.15

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