20240802_NISP_Laporan Informasi dan Fakta Material_31690350_lamp3.pdf

      the BAE appointed by the Company. Share conversion costs will be fully borne by the Applicant. Every
      Applicant who owns scrip shares and intends to convert their shares to scripless form is required to ensure that
      the shares are registered in their name in the Company's Shareholders Registry on 10 July 2024 at 16.00 WIB.
B.   Price of Shares
     Applications to participate in the shares buyback by the Company must be submitted based on the terms and
     conditions stated in these procedures and the Share Sale Statement Form.
      In relation to the Company's shares listed and traded on the Indonesian Stock Exchange ("IDX"), the buyback
      price of the Company's shares shall not exceed the average closing price of daily trading on the IDX over the
      last 90 (ninety) calendar days before the announcement date of the amendment and/or additional information of
      the abridged Merger plan, namely 31 July 2024.
      The company will buyback shares from the Applicants (as in point A above) by setting a price of Rp1,230 (one
      thousand two hundred thirty Rupiah) per share.
C.   Period for the Shares Buyback
     The time period for the shares buyback is as follows:
                                          Description                                              Schedule
          Deadline to send Share Sale Statement Form and Supporting Documents              At 16.00 WIB on 9 August
                                                                                           2024
          The period for submitting requests for share purchase ("Shares Buyback           On 19 August       to   30
          Period or Shares Blocking Period") through the TEND instruction via the          August 2024
          Corporate Action/CA Election menu option at C-BEST by selecting the CASH
          option so that the shares have the status of “Blocked for CA”
          Estimated date of payment by the Company and delivery of shares from             6 September 2024, or
          shareholders who have stated their intention to sell their shares ("Estimated    other date subject to the
          Payment Date for the Implementation of Shares Buyback")                          effective date of the
                                                                                           Merger
          Estimated of effective Merger date                                               1 September 2024
D.    Procedures for Buyback Shares Belonging to Shareholders of the Company who do not Approve of the
      Proposed Merger
     1. Applicants who intend to sell their shares are required to fill in, sign and complete the Share Sale Statement
         Form which can be downloaded on the Company's website www.ocbc.id from the date of the EGMS,
         accompanied by Supporting Documents, until no later than 9 August 2024 at 16.00 WIB. Share Sale
         Statement Form and Supporting Documents that are not completed in accordance with the requirements as
         stated in the Share Sale Statement Form and these procedures will not be processed and the relevant
         shareholder will not be allowed to participate in the shares buyback by the Company. For applicants whose
         shares are being pledged as collateral and/or are in dispute, the person concerned cannot participate,
         unless they can prove that there is no collateral and/or dispute over share ownership as proven by valid
         documentary evidence.
     2.     Applicants who have completed the Share Sale Statement Form and Supporting Documents must submit
            the Share Sale Statement Form along with the Supporting Documents to the designated BAE, namely PT
            Raya Saham Registra or to the Company (to: Company Secretary). If the Share Sale Statement Form (and
            the Supporting Documents) is submitted electronically, such Share Sale Statement Form which has been
            duly signed (along with the Supporting Documents) should be sent to (i) the Company’s corporate
            secretary’s e-mail at corporate.secretariat@ocbc.id and (ii) BAE at rsrbae@registra.co.id
     3.     The Share Sale Statement Form and Supporting Documents must be submitted by the Applicant between
            09.00 to 16.00 WIB starting after the EGMS until no later than 9 August 2024 ("Period of Statement of
            Intent to Sell Shares"). BAE will validate the data as to whether the shareholder is a shareholder who
            expressed disagreement when voting at the EGMS with the agenda on the approval of the proposed
            Merger.
     4.     Applicants who have submitted the Share Sale Statement Form and Supporting Documents during the
            Period of Statement of Intent to Sell Shares are required to give instructions to the Securities Company or
            Custodian Bank where the person concerned holds their shares to input TEND instructions via the
            Corporate Action/CA Election menu option in C-BEST by choosing the CASH option during the Shares
            Buyback Period or Shares Blocking Period which starts on 19 August 2024 and ends on 30 August 2024 at
            16.00 WIB or at the time determined by PT Kustodian Sentral Efek Indonesia ("KSEI"). Shares that have

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     been designated for this instruction will have the status of “Blocked for CA”, therefore Company shares that
     have been blocked "Blocked for CA" cannot be assigned or transferred until the Estimated Payment Date for
     the Implementation of Shares Buyback, except in the event of cancellation from the securities
     company/custodian bank created in the name of the Applicant based on the terms and conditions listed in
     numbers 5 and 6 below.
5.   At the end of each day during the Shares Buyback Period or Shares Blocking Period, KSEI will provide a list
     of Applicants whose shares have been blocked to the designated securities company, namely PT OCBC
     Sekuritas Indonesia ("Designated Securities Company") and BAE to verify and confirm the validity of
     share ownership Applicant and provide confirmation to KSEI every day, and the latest day is 1 business day
     after the Shares Buyback Period or Shares Blocking Period, namely 2 September 2024.
6.   After being inspected and declaring the shares entitled to be purchased by the Company (the results of the
     verification, examination and statement entitled by the Company are conclusive and binding on the
     Applicant), BAE will provide confirmation to KSEI and inform the Company to hand over the funds for
     completion of the purchase to KSEI which will be carried out 1 (one) business day before the Estimated
     Payment Date for the Implementation of Shares Buyback, namely on 5 September 2024 at the latest 14.00
     WIB.
     Cancellation of Participation in Shares Buyback: Before the end of and during the Shares Buyback
     Period or Shares Blocking Period, each Applicant who has submitted the Share Sale Statement Form and
     Supporting Documents, can cancel his or her participation in the shares buyback process through the
     Applicant's securities company/custodian bank for the entire or a portion of its shares in accordance with the
     number of votes from shares who expressed disagreement with the agenda on the proposed Merger in the
     EGMS, with written notification via email to Designated Securities Company and BAE with a copy to KSEI.
     Applicants who cancel their participation in the shares buyback offer must cancel the CASH instruction at
     the TEND event at C-BEST through the Securities Company/Custodian Bank. The cancellation instruction
     will automatically return the Applicant's share position from "Blocked for CA" to "Available".
7.   Estimated Payment Date for the Implementation of Shares Buyback will be carried out on 6 September 2024
     or another date subject to the effective date of the Merger.
     On the date mentioned above, KSEI will transfer or transfer the Shares Offered for purchase to the
     securities account of the securities company appointed by the Company (on behalf of the Company as the
     party carrying out the shares buyback) at KSEI after carrying out the transfer of funds from the Company to
     the KSEI account in accordance with the fund request letter from KSEI, which is 1 business day before the
     date mentioned above. Payment to Applicants who have met the requirements will be made by the
     Company through KSEI on the date mentioned above. KSEI will make payment of funds to each securities
     company/custodian bank that manages securities accounts in the name of the Applicant that has met the
     requirements. Next, the securities company/custodian bank will make payments to Applicants who have met
     the requirements. The transfer of funds and shares will be carried out on the payment date at the same time
     as the transaction on the IDX.
8.   Payments to securities companies/custodian banks will be made in Rupiah currency after deducting
     commissions, applicable IDX transaction fees, share conversion fees (if any), and all applicable tax
     obligations that must be paid by Applicants who meet the requirements in accordance with provisions of
     applicable laws and regulations.
     Commissions, IDX transaction fees and all applicable taxes, totaling 0.35% (zero point three five percent) of
     the buyback price, must be borne and must be paid by the Applicant.
9.   Parties Appointed by the Company
     In connection with the implementation of this shares buyback, the Company has appointed the following
     parties:
                  Securities Administration Bureau:                           Securities Company:
                        PT Raya Saham Registra                           PT OCBC Sekuritas Indonesia
                          Plaza Central Lantai 2                         Gedung Bursa Efek Indonesia
                     Jl. Jend. Sudirman Kav. 47-48                       Tower 2, Floor 29th Suite 2901
                        Jakarta 12930, Indonesia                         Jl. Jend. Sudirman Kav. 52-53
                        Phone: (+62 21) 2525666                             Jakarta 12190, Indonesia
                      E-mail: rsrbae@registra.co.id                        Phone: (+62 21) 29709300
                                                                         E-mail: cs@ocbcsekuritas.com

                   This Disclosure of Information was delivered in Jakarta, on 2 August 2024

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