20240628_JSMR_Tanggapan atas Permintaan Penjelasan Bursa_31676600_lamp1.pdf

c. Perkembangan proses divestasi JTT sampai dengan saat ini.
Seperti yang telah kami sampaikan dalam beberapa kesempatan sebelumnya kepada
publik, sebagai bagian dari Confidentiality Agreement dan NDA antara Perseroan
dengan para investor serta mengingat kerja sama investasi ini bersifat private, kami
hanya dapat menyampaikan bahwa perusahaan mencari mitra strategis yang kredibel,
yang secara jangka panjang mampu memahami, mengapresiasi, dan mencari nilai
investasi jangka panjang melalui aset PT JTT.

Kerjasama investasi antara Perseroan dengan calon mitra strategis dalam program
Eguity Financing PT JTT saat ini masih berjalan dan dipersiapkan dengan matang
melalui proses diskusi dan finalisasi yang seksama dengan calon mitra strategis dan
para pemangku kepentingan yang ditargetkan selesai pada tahun 2024.

Perseroan masih akan tetap mempertahankan posisi sebagai pemegang saham
mayoritas di PT JTT sehingga Perseroan masih akan memegang kendali penuh
terhadap pengelolaan pengoperasian Jalan Tol Trans Jawa.

d. Pertimbangan Perseroan. melakukan divestasi JTT kepada Filipina Metro Pacific
Tollways Corporation (MPTC).
Sebagai bagian dari Confidentiality Agreement dan NDA antara Perseroan dengan
para investor serta mengingat kerja sama investasi ini bersifat private, kami tidak bisa
mengungkapkan identitas dari calon mitra strategis. Ketika kami telah dapat
menyampaikan identitas dari calon mitra strategis maka akan kami sampaikan pada
kesempatan pertama.

e. Dampak terhadap aspek operasional, hukum, dan keuangan Perseroan.
Dari sisi operasional dan hukum, tidak terdapat dampak yang signifikan mengingat
setelah dilakukannya skema Eguity Financing ini Perseroan masih menjadi pemegang
saham mayoritas di PT JTT. Dari sisi keuangan, aksi korporasi ini diharapkan dapat
menjaga kinerja Perseroan dari sisi struktur permodalan maupun likuiditas di tengah
masitnya investasi pembangunan jalan tol.

2. Informasi/kejadian penting lainnya yang material dan dapat mempengaruhi kelangsungan
hidup perusahaan serta dapat mempengaruhi harga saham perusahaan.

Tidak ada informasi lain yang mempengaruhi nilai ekuitas dan harga saham Perseroan.

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Demikian kami sampaikan, atas perhatiannya kami ucapkan terima kasih.

Nixon Sitorus
Corporate Secretary & Chief
Administration Officer

Tembusan Yth.:
Direksi PT Jasa Marga (Persero) Tbk

HNGIIZAIMKA

Tr

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JASAMARGA

Indonesia Highway Corp.

No. 1. AB.HM.01. 235 27 June 2024
Encl 8
Subject :  Explanation of PT Jasa Marga (Persero) Tbk (“the Company”) on News

in Mass Media

To.

Direktur Penilaian Perusahaan

PT Bursa Efek Indonesia

Indonesia Stock Exchange Building, Tower |

Jl. Jend Sudirman Kav 52-53

Jakarta 12190

Attn. Kepala Divisi Penilaian Perusahaan Group 2

Referring to the Letter of PT Bursa Efek Indonesia (the Indonesia Stock Exchange) No: s-
06495/BEI.PP2/06-2024 dated 27 June 2024 about Explanation of PT Jasa Marga (Persero)
Tbk (“the Company”) on News in Mass Media “Permintaan Penjelasan atas Pemberitaan di
Media Massa “Grup Salim Dikabarkan Akuisisi Tol Trans Jawa”, we hereby extend the
explanation on the news as follows:

1. Clarification of the news.

a. The truth of the news.

Regarding the news in guestion, we inform that this news was a media coverage of the
Company's offical statement as a response to CNN Indonesia media's guestions on
Tuesday, 24 February 2024, in terms of the selected investors and the number of
shares acguired by these investors. The Company's official response was given based
on the consideration as a time that the Company could not disclose the identities of
potential investors as part of the confidentiality agreement and Non Disclosure
Agreement (NDA) considering that the eguity financing process of PT Jasamarga
Transjawa Tol was private.

b. The Company's objectives in divesting PT Jasamarga Transjawa Tol (JTT).
The company currently has five toll road projects which are still in the land acguisition
and construction process, namely the Jakarta-Cikampek II South Toll Road,
Yogyakarta-Bawen Toll Road, Solo-Yogyakarta-YIA Kulonprogo Toll Road,
Probolinggo-Banyuwangi Toll Road, and Access Patimban Toll Road with a total road
length of approximately 400 kilometers.

The Eguity Financing process through PT JTT is considered the suitable strategy to
balance growth and improve financial sustainability, enhancing the Company's
resilience. The Company will also obtain eguity-based funding sources for developing
new toll roads, strengthening its capital structure, and maintaining solvency at a healthy

level.
PT JASA MARGA (PERSERO) Tbk.
Plaza Tol Taman Mini Indonesia Indah
Jakarta 13550 -Indonesia
Tel. (62-21) 841 3526, 841 3630
Fax. (62-21) 840 1533, 841 3540
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www.jasamarga.com

c. The progress of PT JTT divestment process tc date.
As we have conveyed on several previous occasions to the public, as part of the
Confidentiality Agreement and NDA between the Company and investors, and also
considering that this investment collaboration is private, we can only state that the
company is seeking for a credible strategic partner, capable of understanding,
appreciating, and seeking for long-term investment value through the assetsof PT JTT.

The investment collaboration between the Company and potential strategic partners in
the PT JTT Eguity Financing program is currently still ongoing and has been carefully
prepared through a thorough discussion and finalization process with potential strategic
partners and stakeholders which is targeted for completion in 2024.

The Company will maintain its position as the majority shareholder in PT JTT, thus
retaining full control over the management of the Trans Java Toll Road operation.

d. The Company's consideration for divesting JTT to the Philippines Metro Pacific
Tollways Corporation (MPTC).
As part of the Confidentiality Agreement and NDA between the Company and investors,
and considering that this investment collaboration is private, we cannot reveal the
identity of potential strategic partners. When we can convey the identity of a potential
strategic partner, we will convey it at the first opportunity.

e. Impact on operational, legal, and financial aspects of the Company.
From an operational and legal perspective, there is no significant impact considering
that after the Eguity Financing scheme was implemented, the Company is still the
majority shareholder of PT JTT. From a financial perspective, this corporate action is
expected to maintain the Company's performance in terms of capita! structure and
liguidity amidst massive investment in toll road construction.

2. Information/other significant events that are material and may affect the sustainability and
the stock price of the Company.

There is no other information that may affect the Company's eguity value and share price.

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Thus we convey, we thank you for your attention.

Nixon Sitorus
Corporate Secretary & Chief
Administration Officer

Attention to:
Directors of PT Jasa Marga (Persero) Tbk

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