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Asset transaction Needs review EMTK

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Ref. No.: 065/EMT-CORSEC/TM/VI/2024                                           Jakarta, 28 Juni /June 2024

Kepada Yth. / To:

OTORITAS JASA KEUANGAN
Gedung Soemitro Djojohadikusumo
Jl. Lapangan Banteng Timur No 2-4
Jakarta - 10710

U.p.      : Bapak Inarno Djajadi
            Kepala Eksekutif Pengawas Pasar Modal, Keuangan Derivatif, dan Bursa Karbon/
           Executive Head of Capital Market Supervisor, Financial Derivatives, and Carbon Exchange

PT BURSA EFEK INDONESIA
Gedung Bursa Efek Indonesia Tower 1 Lantai 4
Jl. Jend. Sudirman Kav. 52-53
Jakarta – 12910

U.p.      : Bapak I Gede Nyoman Yetna
            Direktur Penilaian Perusahaan/
            Director of Listing


Perihal : Keterbukaan          Informasi                  Re :    Disclosure of Information in
          sehubungan dengan Peraturan                             accordance   with   Financial
          Otoritas Jasa Keuangan Nomor                            Services Authority Regulation
          42/POJK.04/2020
                                                                  Number 42/POJK.04/2020

Dengan hormat,                                           Dear Sir,

Dalam rangka pemenuhan ketentuan Peraturan               In accordance with the provisions under Financial
Otoritas Jasa Keuangan No. 42/POJK.04/2020               Services       Authority      Regulation      No.
tentang Transaksi Afiliasi dan Transaksi Benturan        42/POJK.04/2020 concerning Affiliated and
Kepentingan (“POJK No. 42/2020”), dengan ini             Conflict of Interest Transaction (“POJK No.
kami sampaikan pelaporan sehubungan dengan               42/2020”), we herewith would like to report
transaksi afiliasi antara PT Elang Mahkota               affiliated transaction between PT Elang Mahkota
Teknologi Tbk (“Perseroan”) dan PT Sarana                Teknologi Tbk (“Company”) and PT Sarana
Meditama Metropolitan Tbk (“SAME”), anak usaha           Meditama Metropolitan Tbk (“SAME”), a direct
yang 78,3% (tujuh puluh delapan koma tiga persen)        subsidiary which 78.3% (seventy eight point three
sahamnya dimiliki secara langsung oleh Perseroan,        percent) shares are directly owned by the
sebagai berikut:                                         Company, as follows:


A.     Uraian mengenai Transaksi Afiliasi                A.   Details of the Affiliated Transaction

       Pada tanggal 26 Juni 2024, Perseroan selaku            On 26 June 2024, the Company as the lender
       pemberi pinjaman dan SAME selaku penerima              and SAME as the borrower signed a Loan
       pinjaman      menandatangani      Perjanjian           Agreement ("Agreement").
       Pinjaman (“Perjanjian”).

       Berdasarkan         Perjanjian,      Perseroan         Based on the Agreement, the Company
       memberikan      fasilitas   pinjaman    senilai        provided a loan facility in the amount of
       maksimum Rp300.000.000.000,- (tiga ratus               maximum       IDR300,000,000,000,-        (three
       miliar Rupiah) (“Fasilitas”) kepada SAME               hundred billion Rupiah) (“Facility”) to SAME
       untuk jangka waktu 3 (tiga) tahun sejak                for a period of 3 (three) years from the date of
       tanggal Perjanjian. Bunga yang berlaku adalah          the Agreement. The applicable interest is the
       suku bunga JIBOR untuk 1 minggu + 1,2%                 interest rate of JIBOR for 1 week + 1.2%
       margin, terhitung sejak tanggal pencairan              margin, starting from the date of
       Fasilitas.                                             disbursement of the Facility.




                                                                                                             1
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B.   Hubungan antara Para Pihak                       B. Relationship between the Parties

     SAME adalah anak perusahaan yang dimiliki           SAME is a direct subsidiary of the Company.
     secara langsung oleh Perseroan.

C.   Penjelasan, Pertimbangan dan Alasan              C. Explanations,     Considerations and
     dilakukannya Transaksi Dibandingkan                 Reasons for the Transaction Compared
     dengan apabila dilakukan Transaksi                  to if executing Another Similar
     Lain yang Sejenis dengan Pihak Tidak                Transaction with an Unaffiliated
     Terafiliasi, serta Pengaruh Transaksi               Party, and its Impact to Financial
     pada Kondisi Keuangan Perseroan                     Condition of the Company

     Alasan dilakukannya Transaksi tersebut adalah       The reason for executing the Transaction is to
     untuk    mendukung      SAME     dalam    hal       support SAME in terms of financing capital
     pembiayaan kegiatan investasi modal dan             expenditure and operational activities of
     operasional SAME dan anak-anak usahanya,            SAME and its subsidiaries, that is expected to
     sehingga diharapkan dapat memaksimalkan             maximize SAME's business performance and
     kinerja usaha SAME dan akan memberikan              provide added value to the Company as a
     nilai tambah bagi Perseroan sebagai pemegang        shareholder of SAME.
     saham SAME.

     Pengaruh pada kondisi keuangan Perseroan            Effect on the Company's financial position is
     adalah bahwa Transaksi akan mengurangi              that the Transaction will reduce the amount
     jumlah kas dan setara kas Perseroan sejumlah        of the Company's cash and cash equivalents
     nilai Fasilitas, tetapi Piutang Perseroan akan      by an amount that is equal to the Facility
     bertambah sejumlah nilai Fasilitas sehingga         amount, however Receivables of the Company
     kondisi keuangan Perseroan, dalam hal ini           will increase by an amount that is equal to the
     total aset Perseroan tidak akan berubah.            Facility amount, so that the Company's
                                                         financial condition, in this case the Company's
                                                         total assets will not change.

D.   Ringkasan Laporan Penilaian Mengenai             D. Summary of Appraisal Report on
     Pendapat Kewajaran Transaksi Afiliasi               Fairness Opinion of the Affiliated
                                                         Transaction

     Berikut adalah ringkasan Laporan Penilaian          Herewith is the summary of Appraisal Report
     Pendapat Kewajaran yang tertera dalam               on Fairness Opinion based on Fairness
     Laporan Pendapat Kewajaran File No.                 Opinion Report File No. 00046/2.0007-
     00046/2.0007-00/BS/10/0358/1/VI/2024                00/BS/10/0358/1/VI/2024 dated 26 June
     tanggal 26 Juni 2024 oleh KJPP Stefanus             2024 by KJPP Stefanus Tonny Hardi & Rekan
     Tonny Hardi & Rekan (STH):                          (STH):

     1. Identitas Para Pihak                             1. Identity of the Parties

        Para pihak yang terlibat dalam Transaksi            The parties involved in the Transaction
        adalah:                                             are as follows:
        a. Perseroan sebagai Pemberi Pinjaman;              a. The Company as the Lender; and
           dan
        b. SAME sebagai Penerima Pinjaman.                  b. SAME as the Borrower.


     2. Objek Penilaian Pendapat Kewajaran               2. Object of Fairness Opinion Valuation

        Obyek Peniliaian Pendapat Kewajaran                 The Object of Fairness Opinion Appraisal
        adalah fasilitas pinjaman dengan jumlah             is the loan facility with a maximum
        maksimum sebesar Rp300.000.000.000,-                amount of IDR300,000,000,000,- (three
        (tiga ratus miliar Rupiah) dengan suku              hundred billion Rupiah) with an interest
        bunga JIBOR + 1,2% margin, efektif sejak            rate of JIBOR + 1.2% margin, effective
        tanggal pencairan Fasilitas Pinjaman.               from the date of disbursement of the Loan
                                                            Facility.



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3. Tujuan Penilaian Pendapat Kewajaran            3. Purpose of Fairness Opinion Valuation

   Tujuan dari penilaian ini adalah untuk            The purpose of this valuation is to provide
   memberikan pendapat kewajaran atas                a fairness opinion on the Transaction
   Transaksi yang diperlukan dalam rangka            which is required in order to fulfill the
   pemenuhan ketentuan yang berlaku yaitu            applicable provisions, namely POJK
   POJK 42/2020.                                     42/2020.

4. Tanggal Penilaian                              4. Valuation Cut-off Date

   Tanggal Penilaian adalah per 31 Desember          The cut-off date of the valuation date is as
   2023.                                             of 31 December 31 2023.

5. Asumsi dan Kondisi Pembatas                    5. Assumptions and Limiting Conditions

   Dalam menyusun pendapat kewajaran atas            In preparing the fairness opinion on the
   Rencana    Transaksi,    KJPP       STH           Proposed Transaction, KJPP STH uses
   menggunakan beberapa asumsi antara lain:          several assumptions, among others:

  a. Laporan pendapat kewajaran yang                 a. Fairness opinion report issued by
     dihasilkan oleh KJPP STH bersifat non-             KJPP STH provides non-disclaimer
     disclaimer opinion.                                opinion.

  b. KJPP STH telah melakukan penelaahan             b. KJPP STH have analyzed the
     atas     dokumen-dokumen          yang             documents used in the valuation
     digunakan dalam proses penilaian.                  process.

  c. Data-data dan informasi yang diperoleh          c. All data and information received by
     KJPP STH berasal dari sumber yang                  KJPP STH come from reliable and
     dapat dipercaya keakuratannya.                     accurate sources.

  d. KJPP STH menggunakan proyeksi                   d. KJPP STH use financial projections
     keuangan yang telah disesuaikan yang               that have been adjusted to reflect the
     mencerminkan kewajaran proyeksi                    fairness of financial projections made
     keuangan yang dibuat oleh manajemen                by management with the ability to
     dengan       kemampuan          untuk              achieve them (fiduciary duty).
     pencapaiannya (fiduciary duty).

  e. KJPP STH bertanggung jawab atas                 e. KJPP STH are responsible for the
     pelaksanaan penilaian dan kewajaran                process of valuation and the fairness of
     proyeksi     keuangan  yang   telah                the adjusted financial projection.
     disesuaikan.

  f.   KJPP STH menghasilkan Laporan                 f. KJPP STH produces Fairness Opinion
       Pendapat Kewajaran yang terbuka                  Report that is open for public, except if
       untuk publik, kecuali terdapat informasi         any confidential information that
       yang bersifat rahasia yang dapat                 might influence the operation of the
       mempengaruhi operasional perusahaan.             company is present.

  g. KJPP STH bertanggung jawab atas                 g. KJPP STH are responsible for the
     laporan pendapat kewajaran dan                     fairness opinion report and the
     kesimpulan pendapat kewajaran.                     conclusion of the fairness opinion.

  h. KJPP STH telah memperoleh informasi             h. KJPP STH have obtained information
     atas status hukum objek penilaian dari             on the legal status of the valuation
     pemberi tugas.                                     object from the client.

6. Pendekatan dan Metode Penilaian                6. Valuation Approaches and Methodologies

   Analisis Kewajaran atas Transaksi ini             Fairness Analysis used in this report are
   dilakukan dengan analisis transaksi,              transaction      analysis,     quantitative
   analisis kualitatif (Qualitative Analysis)        analysis, qualitative analysis, analysis on

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        maupun analisis kuantitatif (Quantitative             the fairness of transaction value, and
        Analysis), analisis atas kewajaran nilai              analysis on the fairness of the
        transaksi dan analisis kewajaran atas                 Transaction.
        Transaksi.
                                                           7. Fairness Opinion on the Transaction
     7. Pendapat Kewajaran atas Transaksi
                                                              Based on the fairness analysis that consist
        Atas dasar analisis kewajaran yang meliputi
                                                              of transaction analysis, qualitative and
        analisis transaksi, analisis kualitatif dan
                                                              quantitative analysis, analysis on the
        analisis kuantitatif, analisis atas kewajaran
                                                              fairness of transaction value, and analysis
        nilai transaksi dan analisis kewajaran atas
                                                              on the fairness of the Transaction, KJPP
        transaksi, KJPP STH berpendapat bahwa
                                                              STH are of the opinion that the
        Transaksi adalah wajar (fair).
                                                              Transaction is fair.

                                                        E. Statement   of    the    Board     of
E.   Pernyataan       Dewan     Komisaris       dan
                                                           Commissioners and Board of Directors
     Direksi

     Dengan ini Direksi dan Dewan Komisaris                The Board of Directors and the Board of
     Perseroan menyatakan bahwa sepanjang                  Commissioners hereby state that to the best of
     pengetahuan dan keyakinan Direksi dan                 knowledge and belief of the Board of
     Dewan Komisaris Perseroan, semua informasi            Directors and the Board of Commissioners, all
     material sehubungan dengan Transaksi Afiliasi         material information with respect to the
     telah diungkapkan dan informasi tersebut              Affiliated Transaction has been disclosed and
     tidak menyesatkan.                                    no misleading information.

F.   Informasi Tambahan                                 E. Additional Information

     Berdasarkan POJK N0. 42/2020, Transaksi               Pursuant to POJK No. 42/2020, the
     tersebut termasuk dalam definisi Transaksi            Transaction is considered as Affiliated
     Afiliasi dan tidak mengandung benturan                Transaction and does not contain any conflict
     kepentingan.                                          of interest.


Demikian kami sampaikan. Atas perhatian dan             Please be informed accordingly. Thank you for
kerjasamanya, kami ucapkan terima kasih.                your attention and cooperation.


Hormat Kami/Sincerely yours,
PT Elang Mahkota Teknologi Tbk




Titi Maria Rusli
Corporate Secretary




                                                                                                       4

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Names mentioned 16 people and organisations named in the text · linked when the evidence is strong

linked org PT Elang Mahkota p.1
linked org Elang Mahkota Teknologi Tbk p.1 ×5
linked person Titi Maria Rusli · Corporate Secretary p.4
possible org OTORITAS JASA KEUANGAN p.1 ×3
possible org PT BURSA EFEK INDONESIA p.1 ×2
possible org Teknologi Tbk p.1
unresolved person Inarno Djajadi Kepala Eksekutif Pengawas p.1
unresolved person I Gede Nyoman Yetna p.1
unresolved org PT Sarana p.1
unresolved org Meditama Metropolitan Tbk p.1
unresolved org KJPP Stefanus p.2
unresolved org KJPP Stefanus Tonny Hardi & Rekan p.2
unresolved org KJPP Stefanus Tonny Hardi p.2
unresolved org Tonny Hardi & Rekan p.2
unresolved org KJPP STH p.3 ×18

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

Rule parser Needs review confidence 0.091 1309 ms 12 Sep 2026 23:01
Raw output
{'appraiser_exempt': None,
 'appraiser_name': '',
 'assets': [],
 'currency': None,
 'fact_type': '',
 'issuer_name': '',
 'kind': 'CONFLICT',
 'kjpp_name': '',
 'letter_number': '',
 'object_text': '',
 'object_truncated': False,
 'parties': [],
 'pct_of_equity': None,
 'reference_period': '',
 'requires_rups': None,
 'rups_date': None,
 'ticker': '',
 'transaction_date': None,
 'valuation_date': None,
 'value': None}
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