20240821_PANI_Penambahan Modal Tanpa HMETD_31707470_lamp1.pdf

                    ANNOUNCEMENT OF IMPLEMENTATION RESULT
       CAPITAL INCREASE WITHOUT PRE-EMPTIVE RIGHTS PHASE I (“PMTHMETD I”)
                 PT PANTAI INDAH KAPUK DUA TBK (THE “COMPANY”)

To comply with the provisions Article 43B Financial Services Authority (Otoritas Jasa Keuangan or
“OJK”) Regulation No. 32/POJK.04/2015 on Capital Increase of Public Companies with Pre-emptive
Rights as amended by the OJK Regulation No. 14/POJK.04/2019 on Amendment of OJK
Regulation No. 32/POJK.04/2015 on Capital Increase of Public Companies with Pre-emptive
Rights, herewith we convey the implementation result of PMTHMETD I as follows:

1. Total of new shares issued in PMTHEMTD I         : 787,433,700 (seven hundred eighty seven
                                                      million four hundred thirty three thousand and
                                                      seven hundred) shares with nominal value of
                                                      IDR100 (one hundred Rupiah) per shares

2. Price Implementation of PMTHMETD I               : IDR5,200 (five thousand and two hundred
                                                      Indonesian Rupiah) per share

3. Implementation Date of PMTHMETD I                : 19 August 2024

4. Listing Date of New Shares of PMTHMETD I         : 20 August 2024

5. The party who is the Purchaser of New            : PT Multi Artha Pratama (“MAP”)
   Shares pursuant to the PMTHMETD I

6. Use of Proceeds for PMTHMETD I                   : The funds received will be used to strengthen
                                                      the Company’s capital structure to support its
                                                      business activities and business development
                                                      of the Company and/or its subsidiaries, also to
                                                      improve the Company’s financial position
                                                      and/or its subsidiaries which will benefit all of
                                                      shareholders, including the Company’s public
                                                      shareholders


After the implementation of PMTHMETD I, the Company’s issued and paid-up capital will increase to
IDR1,641,458,370,000 (one trillion six hundred forty-one billion four hundred fifty-eight million three
hundred and seventy thousand Indonesian Rupiah).

In accordance with this announcement, we hereby convey.



                                       Jakarta, 21 August 2024

                                       DIREKSI PERSEROAN