20240711_DSSA_Keterbukaan Informasi terkait Aksi Korporasi_31682875_lamp1.pdf

                                           I. DEFINITIONS

IDX                               : means PT Bursa Efek Indonesia or Indonesia Stock Exchange

Information Disclosure            : means the information disclosed by the Company as contained in
                                    this announcement

KSEI                              : means PT Kustodian Sentral Efek Indonesia

OJK                               : means the Financial Services Authority, as referred to in the Law
                                    of the Republic of Indonesia Number 21 of 2011 on Financial
                                    Services Authority

Company                           : means PT Dian Swastatika Sentosa Tbk, a public limited
                                    company incorporated under and subject to the laws of the
                                    Republic of Indonesia

POJK 15/2022                      : means OJK Regulation Number 15/POJK.04/2022 on Stock Split
                                    and Reverse Stock Splits by Public Companies

EGMS                              : means the Extraordinary Meeting of Shareholders of the
                                    Company

Stock Split                       : means the Company’s stock split plan as described in Section II
                                    and Section II of this Information Disclosure

                                              II. EGMS

On June 25, 2024, the Company held an EGMS, of which in relation to the Stock Split with a ratio of
1:10, the shareholders of the Company provided the following approvals:

•   approved the Stock Split with a ratio of 1:10 and adjustments to the Company’s Articles of
    Association in relation to the Stock Split
•   granted authority and power with substitution rights to the Company's Board of Directors to carry
    out all necessary actions in connection with the implementation of the Stock Split, including but
    not limited to organizing and determining the procedures and schedule for implementing the Stock
    Split in accordance with statutory regulations in the Capital Market, to state or express the decision
    in a deed made before a Notary, including confirming the composition of the Company's
    shareholders (if necessary), and/or changes to the Company's Articles of Association in the Meeting
    decision to the authorized agency, as well as carrying out other things that must and /or can be
    implemented to realize the Meeting's resolutions

In relation to the Stock Split, article 4 paragraphs (1) dan (2) of the Company’s Article of Association
have been amended to be as follows:

                                                Capital
                                                Article 4

1. The authorized capital of the Company is Rp 600,000,000,000 (six hundred billion Rupiah) divided
   into 24,000,000,000 (twenty-four billion) shares, each share has a nominal value of Rp25.00
   (twenty-five Rupiah).
2. Of the authorized capital, 32.1063% (thirty-two point one zero six three percent) or a total of
   7,705,523,200 (seven billion seven hundred five million five hundred twenty-three thousand two

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    hundred) shares with the total nominal value of Rp192,638,080,000 (one hundred ninety-two billion
    six hundred thirty-eight million eighty thousand Rupiah) by the shareholders who have subscribed
    the shares and the details and nominal value of the shares are stated at the end of the deed.

The amendment to the Company's Articles of Association has been stated in the Deed of Statement of
Meeting Resolutions on Amendments to the Articles of Association No. 163 dated June 25, 2024, made
before Hannywati Gunawan, S.H., notary in Jakarta, and has received approval from the Minister of
Law and Human Rights of the Republic of Indonesia based on Decree No. AHU-0038361.
AH.01.02.Year 2024 dated June 27, 2024, and has been recorded in the Company Register No. AHU-
0128209. AH.01.11.Year 2024 dated June 27, 2024.

                                      III. IDX’s APPROVAL

On July 8, 2024, the Company received approval on the application for listing of shares as a result of
the Stock Split from the IDX based on IDX Letter No. S-06925/BEI. PP2/07-2024 dated July 5, 2024.

IV. STOCK SPLIT RATIO AND NOMINAL VALUE AND NUMBER OF COMPANY
               SHARES PRE- AND POST- STOCK SPLIT

The Company plans to carry out a Stock Split with a ratio of 1:10, where 1 (one) old share becomes 10
(ten) new shares (ratio 1:10), so that the nominal value of the Company’s shares will change from
Rp250 (two hundred and fifty Rupiah) per share to Rp25 (twenty-five Rupiah) per share.

By implementing the Stock Split with a ratio of 1:10, the number of shares issued and paid up in the
Company will change from 770,552,320 (seven hundred seventy million five hundred fifty-two
thousand three hundred twenty) shares to 7,705,523,200 (seven billion seven hundred five million five
hundred twenty-three thousand two hundred) shares.

The proforma of the Company’s capital structure pre- and post- the implementation of the Stock Split
is as follows:
                                        Pre-Stock Split                   Post-Stock Split
            Descriptions            Number of       Nominal Value      Number of      Nominal Value
                                     Shares           @Rp250            Shares          @Rp25
Authorized capital                  2,400,000,000 Rp600,000,000,000   24,000,000,000 Rp600,000,000,000
Issued and paid-up capital           770,552,320 Rp192,638,080,000     7,705,523,200 Rp192,638,080,000
Portfolio                           1,629,447,680 Rp407,361,920,000   16,294,476,800 Rp407,361,920,000
Notes:
There is no fractional share arising from the Stock Split.

                               V. SCHEDULE AND PROCEDURES FOR
                           THE IMPLEMENTATION OF STOCK SPLIT

The followings are important dates related to the implementation of the Company’s Stock Split:

        Date                                            Descriptions
    June 25, 2024      The Company’s EGMS that approved the Stock Split
                       Announcement of the schedule of the implementation of the Stock Split through
   July 11, 2024
                       www.idx.co.id
                       End of shares trading with the old nominal value in the regular market and the
   July 17, 2024       negotiated market
                       Commencement of share trading with the new nominal value on the regular
   July 18, 2024       market and the negotiated market

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       Date                                            Descriptions
   July 19, 2024     Recording date
   July 22, 2024     Commencement of share trading with a new nominal value on the cash market

Procedures for the Implementation of Stock Split

1. For shareholders whose shares are in the collective custody of KSEI, the Stock Split will be carried
   out based on the balance of the Company’s shares in each security’s sub-account according to the
   list of shareholders on July 19, 2024. Furthermore, on July 22, 2024, the shares resulting from the
   Stock Split will be distributed through shareholder securities sub-accounts at KSEI.
2. For shareholders whose shares are not included in KSEI’s collective custody or whose shares are
   still in scrip form, Stock Split applications can be submitted starting July 22, 2024, at the
   Company’s securities administration bureau office, i.e.:
                                        PT Sinartama Gunita
                                       Menara Tekno, 7th Floor
                                Jl. H. Fachrudin No.19, Tanah Abang
                                    Jakarta Pusat 10250, Indonesia
                                      Telephone: (021) 392 2332

by providing the following documents:
a. Original Collective Share Letter (“CSL”) in the name of the shareholder
b. Photocopy of proof of shareholder identity

Shareholders are not charged for the Stock Split. Nevertheless, if CSL has not been registered in the
name of the shareholder, the shareholder is obliged to register first by submitting proof of the
transaction(s) regarding the acquisition of the shares.

                              VI. ADDITIONAL INFORMATION

Shareholders who require additional information regarding the Stock Split may contact the Company
on working days and hours at the address as stated below:

                                        Corporate Secretary
                                 PT Dian Swastatika Sentosa Tbk
                             Sinar Mas Land Plaza, Tower 2, 24th Floor
                                      Jl. M.H. Thamrin No. 51
                                   Jakarta Pusat 10350, Indonesia
                                    Telephone: +6221 31990258
                                    Facsimile: +6221 31990259
                                      Email: corsec@dss.co.id
                                      Website: www.dssa.co.id

                                      Jakarta, July 11, 2024
                                Board of Directors of the Company




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