20240515_LABA_Laporan Informasi dan Fakta Material_31639662_lamp1.pdf

                                            PT. LADANGBAJA MURNI Tbk
                                                    PRESS RELEASE
                                              INCIDENTAL PUBLIC EXPOSE
                                               PT LADANGBAJA MURNI Tbk
                                                    ("THE COMPANY')
BEKASI, May 15th 2024 – PT Ladangbaja Murni Tbk (“The Company”) held an electronic Incidental
public expose to convey performance, analysis of stock price increase and the future plan of NSE as
the controlling and principal shareholders after the share acquisition.

In this public expose, The Company's President Director explained the financial performance as of
Q1-2024. The Company posted a decline in net sales of 52% YoY. Meanwhile, the percentage of cost
of goods sold for Q1-2024 and Q1-2023 is still relatively the same at 99%, because the optimal
production scale has not been achieved and there are fixed costs that need to be covered. The
gross loss percentage has increased from 0.15% in Q1-2023 to 0.23% in Q1-2024, but has decreased
in number. The Company's net loss percentage increased from 65% to 75%, but has decreased in
number, in line with declining sales.

Regarding the significant increase in stock prices, The Company received data during the period 1 –
7 May 2024 there had been 9,749 total frequency of buying/selling shares, with a total value of
13,334,398,700. The highest price reached 137 and the lowest was 54, reaching a total volume of
1,288,505. The Company sees that the increase in stock prices occurred due to the Company's
disclosure of information on May 3rd 2024 regarding the acquisition shares plan of the controlling
and principal shareholders.

The current composition of the controlling and principal shareholders structure of the Company
consists of PT Adyatama Global Investama with 480,000,000 shares or equivalent to 47.46% of all
shares issued by the Company and PT Alfa Omega Investindo with 320,000,000 shares or
equivalent to 31.64% of all shares issued by the Company. Upon completion of the share
acquisition, such composition will change to PT Nev Stored Energy ("NSE") with 560,000,000
shares or equivalent to 55.37% of all shares issued by the Company and PT Longping Investasi
Indonesia with 240,000,000 shares or equivalent to 23.73% of all shares issued by the Company.

NSE, as the prospective new controlling shareholder, plans to be a key player in the sustainable
transportation and energy storage sectors, where it has a vision of the development and
deployment of lithium battery technology. In relation to the foregoing, upon the completion of the
share acquisition, NSE plans to align the Company’s existing business activities with its business
expansion plan. NSE also plans to continue/maintain the sales of trading and manufacturing goods.

The alignment of the Company’s business activities with NSE’s business expansion plan is planned
to be carried out through (i) the adjustment of the Company’s business activities to support the
electric vehicle ecosystem in Indonesia; and (ii) the Company’s cooperation with a reputable
Chinese lithium battery manufacturing enterprise.

The total investment value for the aforesaid cooperation is estimated to reach around USD3
million. The production capacity is planned to start from 1 GWh at the initial stage. NSE also plans
to involve the Company in the application management of lithium batteries and battery swapping
networks. It is hoped that the products that will be produced in connection with the aligned
business activities and the planned cooperation will meet the demands within Indonesia as well as
the neighboring countries.
The business plans shall be subject to obtaining the required approvals and compliance as well as
the fulfillment of requirements set under the prevailing laws and regulations.
Informasi lebih lanjut dapat menghubungi:
Email : lbm@ladangbajamurni.com
Telp : (021) 6511595
                                                Bekasi, May 15th 2024
                                                      Directors