20240621_LPCK_Laporan Informasi dan Fakta Material_31663853_lamp3.pdf

Board of Directors :
President Director                 : Gita Irmasari
Director                           : Marshal Martinus Tissadharma
Director                           : Marlo Budiman

Management of LPCK are pleased to welcome the new members of the Board of Commissioners
and the Board of Directors, hopeful for their undertakings in pursuit of improving the Company’s
performance for the years to come.

To achieve the marketing sales target for 2024, the Company introduces a new urban concept of
Lippo Cikarang Cosmopolis (LCC) and focuses its strategy on selling landed housing products,
especially the brand-new product XYZ Livin series as an innovative solution tailored to the
residential needs of younger generations.

At the first quarter of 2024, the Company recorded marketing sales revenue of Rp325 billion which
represents 23 percent of the year’s target totaling Rp1.435 trillion.

Marketing sales performance during the first quarter of 2024 was driven by strong demand for
landed housing projects, namely XYZ Livin and Cendana Spark North which accounts for 82
percent of total sales. Meanwhile, sales of commercial projects, which comprises shop houses and
lands in commercial, make up 15 percent of total sales.

Overview of Lippo Cikarang

LPCK has established its reputation as an urban property developer with international standard facilities. Lippo Cikarang occupies
an area of 3,250 hectares in the largest industrial area in Southeast Asia. LPCK has successfully built more than 19,516 houses and
served a population of 67,088 people. In the Lippo Cikarang industrial area, over 661,408 people are working on a daily basis in
1,518 manufacturing facilities.

LPCK is a subsidiary of PT Lippo Karawaci Tbk ("LPKR"). LPKR is a leading real estate company and healthcare provider in Indonesia,
operating in 26 provinces and 56 cities across the country with total assets of USD 3.2 billion as of December 31, 2022. LPKR is
supported by solid recurring income and diverse inventory of lands. LPKR's business activities consist of developing Real Estate,
Healthcare, and Lifestyle.


For more information:

Corporate Communication
T: 021-8972484 / 021-8972488
E: corporate.communication@lippo-cikarang.com


www.lippo-cikarang.com

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This press release is prepared by PT Lippo Cikarang Tbk (“LPCK”) and circulated for the sole purpose of communicating general
information. All opinions and estimations included in this press release reflects our assessment of this particular date and are
subject to changes without prior notice. LPCK disclaims any responsibility or liability which may be brought against or suffered by
any person as a result of the confidence in the whole or any part of the contents of this Press Release. Neither LPCK nor any of its
affiliated companies and their respective employees and agents can be held responsible for any errors, omissions, negligent or
otherwise, in this Press Release and for any inaccuracy herein or that may arise.

Forward-Looking Statements

Certain statements in this release are or may be forward-looking statements. These statements typically contain words such as
"will", "expects" and "anticipates" and words of similar import. By their nature, forward looking statements involve risks and
uncertainties that could cause actual events or results to differ materially from those described in this release.