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Page 1 OCR 0.914
Barito Renewables cc

No. : 017/BREN/BOD/IV/2024 2 April 2024

Kepada Yth. / To:

Otoritas Jasa Keuangan / Financial Services Authority
Gedung Sumitro Djojohadikusumo Lantai 1

Jl. Dr Wahidin No. 1

Jakarta
U.p. / Att. : Bapak Inarno Djajadi
Kepala Eksekutif Pengawas Pasar Modal, Keuangan Derivatif dan Bursa
Karbon / Executive Chief of the Capital Markets, Derivative Finances and
Carbon Exchange Supervisory
Perihal / : Laporan Informasi atau Fakta Material / Report on Material Information
Subject or Facts

Dengan hormat, / Dear Sir,

Merujuk kepada Peraturan Otoritas Jasa Keuangan No. 31/POJK.04/2015 tentang
Keterbukaan atas Informasi atau Fakta Material oleh Emiten atau Perusahaan Publik (“POJK
31/2015”), bersama ini kami sampaikan informasi material sebagai berikut: / Referring to the
Financial Services Authority Regulation No. 31/POJK.04/2015 on Disclosure of Material
Information or Facts of Issuers or Public Companies (“POJK 31/2015”), we hereby inform you
the material information as follows:

Nama Emiten / Name of Issuer : PT Barito Renewables Energy Tbk
(“Perseroan" / the “Company”)

Bidang Usaha / Business Activities 1 Aktivitas Perusahaan Holding / Holding
Company Activities

Telepon / Telephone 1 (6221) 530 6711 (Ext. 2300)

Faksimili / Facsimile 1 (62 21) 530 6680

Alamat surat elektronik / e-mail address :  corpsec@baritorenewables.co.id

1. | Tanggal Kejadian / Date of event 28 Maret 2024 / 28 March 2024

2. Jenis Informasi atau Fakta Material / | Penandatanganan perjanjian kredit. /
Type of Material Information or
Facts The execution of facilities agreement.

3. | Uraian Informasi atau Fakta Material | Pada tanggal 28 Maret 2024, PT Barito Wind
/ Description of Material Information | Energy (“BWE") yang merupakan perusahaan
or Facts terkendali Perseroan yang dimiliki sebesar
99,994 telah menandatangani Facilities
Agreement dengan PT Bank Negara Indonesia
(Persero) Tbk (“BNI”) (selanjutnya disebut
sebagai “Perjanjian Fasilitas”).

Berikut merupakan informasi-informasi
material sehubungan dengan Perjanjian
Fasilitas:

PT Barito Renewables Energy Tbk
Wisma Barito Pacific II, 23rd Floor

Jl Let. Jend. S. Parman Kav. 60

Jakarta 11410, Indonesia

Phone: 462 215306711
www.baritorenewables.co.id

Page 2 OCR 0.923
Barito Renewables -

Total Komitmen Fasilitas:

Fasilitas Tranche A adalah setara dalam
Rupiah sebesar USD 70.000.000 (dengan
menggunakan nilai tukar yang disepakati) dan
Fasilitas Tranche B sebesar USD 40.000.000.

Tanggal Pembayaran Akhir (Final):

Fasilitas Tranche A adalah tanggal yang jatuh

120

bulan setelah tanggal pertama

penggunaan dana (dapat diperpanjang) dan
Fasilitas Tranche B adalah tanggal yang jatuh
6 bulan setelah tanggal pertama penggunaan
dana.

Penggunaan Dana:
Tujuan Perjanjian Fasilitas adalah:

As

Fasilitas Tranche A untuk membiayai
pengambilalihan PT UPC Sidrap Bayu
Energi (“SIDRAP 1") dan PT UPC
Operation and Maintenance Indonesia
(“OMI”), yang sebelumnya — telah
diungkapkan dalam Laporan Informasi
atau Fakta Material No.
013/BREN/Corps/XII/2023 tanggal 15
Desember 2023.

Fasilitas Tranche B untuk membiayai
keperluan umum perusahaan BWE.

Jaminan yang diberikan:

1.
2.

Gadai saham OMI.
Gadai rekening BWE dan OMI.

Penandatanganan Perjanjian Fasilitas ini:

a

bukan merupakan Transaksi Afiliasi
sebagaimana dimaksud dalam Peraturan
OJK No. 42/POJK.04/2020 tentang
Transaksi Afiliasi dan Transaksi Benturan
Kepentingan (“POJK 42”) karena BNI
bukan merupakan pihak terafiliasi dari
Perseroan atau bukan merupakan pihak
terafiliasi dari anggota direksi, dewan
komisaris, pemegang saham utama atau
pengendali dari Perseroan.

bukan merupakan transaksi benturan
kepentingan sebagaimana dimaksud
dalam POJK 42.

bukan merupakan Transaksi Material
sebagaimana dimaksud dalam Peraturan
OJK No. 17/POJK.04/2020 tentang
Transaksi Material dan Perubahan
Kegiatan Usaha (“POJK 17”), karena nilai
transaksi adalah sebesar 16,9Yo dari
ekuitas Perseroan berdasarkan Laporan
Keuangan Konsolidasian Perseroan untuk
tahun buku yang berakhir per 31 Desember
2023.

PT Barito Renewables Energy Tbk
Wisma Barito Pacific II, 23rd Floor

Jl. Let. Jend. S. Parman Kav. 60

Jakarta 11410, Indonesia

Phone: 462 215306711
www.baritorenewables.co.id

Page 3 OCR 0.929
Barito Renewables .

Sehubungan dengan fasilitas yang diterima
oleh BWE dari BNI tersebut, Perseroan juga
telah menandatangani Letter of Support
dimana berdasarkan Letter of Support,
Perseroan diminta untuk setiap saat membantu
BWE untuk mendanai kekurangan pemenuhan
saldo minimum DSRA (Debt Service Reserve
Account) dan memenuhi kewajiban
pembayaran pokok dan bunga sesuai dengan
ketentuan dalam Perjanjian Fasilitas dan
Perseroan diminta untuk memastikan bahwa
seluruh hasil penjualan saham Perseroan di
BWE (dalam hal terjadi penjualan saham
Perseroan di BWE yang mengakibatkan
Perubahan Pengendalian (Debitur)
(sebagaimana didefinisikan dalam Perjanjian
Fasilitas) digunakan untuk pembayaran
kewajiban BWE kepada BNI. Letter of Support
di atas bukan merupakan suatu bentuk
penanggungan dari Perseroan kepada BNI.

Selanjutnya, penandatanganan Letter of
Support tersebut di atas merupakan Transaksi
Afiliasi sebagaimana dimaksud dalam POJK
42. Meskipun demikian, berdasarkan Pasal 6
ayat (1.b) dan ayat (2) POJK 42, transaksi
tersebut hanya wajib dilaporkan kepada OJK 2
hari kerja sejak terjadinya transaksi karena
transaksi dilakukan oleh Perseroan untuk BWE
yang sahamnya dimiliki oleh Perseroan
sebesar 99,99Y6. /

On 28 March 2024, PT Barito Wind Energy
(“BWE”), a 99.994 controlled subsidiary of the
Company, has signed Facilities Agreement
with PT Bank Negara Indonesia (Persero) Tbk
(“BNP) (hereinafter shall referred to as
“Facilities Agreement).

Below is the material information regarding the
Facilities Agreement:

Total Commitment Facilities:

Tranche A Facility is the agreed IDR eguivalent
of USD 70,000,000 and Tranche B Facility is
USD 40,000,000.

Einal Repayment Date:

Tranche A Facility is the date falling 120
months after the initial utilization date (can be
extended) and Tranche B Facility is the date
falling 6 months after the initial utilization date.

Use of Proceeds:

The purposes of the Facilities Agreement are:

1. Tranche A Facility is to fund the acguisition
payment of PT UPC Sidrap Bayu Energi
(“SIDRAP 1”) and PT UPC Operation and
Maintenance Indonesia (“OMP”), which
previously have been disclosed based on

PT Barito Renewables Energy Tbk
Wisma Barito Pacific Il, 23rd Floor

JI. Let. Jend. S. Parman Kav. 60

Jakarta 11410, Indonesia

Phone: 462 215306711
www.baritorenewables.co.id

Page 4 OCR 0.909
Barito Renewables -g

Report on Material Information or Facts No.
013/BREN/Corps/XIl/2023 — dated 15
December 2023.

2. Tranche B Facility is to fund the general
corporate purposes of BWE.

1. Pledge of shares of OMI.
2. Pledge of account of BWE and OMI.

The execution of the Facilities Agreement:

a. is not an Affiliate Transaction under OJK
Regulation No. 42/POJK.04/2020
concerning Affiliate  Transaction and
Conflict of Interest Transaction ("POJK
42") because BNI is not an affiliated party
of the Company or is not an affiliated party
of members of the board of directors, board
of commissioners, primary or controlling
Shareholders of the Company.

b. is not a conflict-of-interest transaction
under POJK 42.

c. is not a Material Transaction OJK
Regulation No. 17/POJK.04/2020
concerning Material Transaction and
Changes in Business Activities (“POJK
17”), because the transaction value is
16.946 of the Company's eguity based on
the Consolidated Financial Statement of
the Company per 31 December 2023.

In relation to the received facilities by BWE from
BNI, the Company has also signed a Letter of
Support in which based on the pertaining Letter
of Support, the Company is reguested at any
time to assist BWE to fund shortfall in the
minimum DSRA (Debt Service Reserve
Account) balance at all times and to meet the
scheduled repayment of principle and interest
under and pursuant to the terms of the Facilities
Agreement and the Company is reguested to
ensure that all proceeds from the sale of the
Company's shares in BWE (in the event of a
sale of the Company's shares in BWE which
result in a Change of Control (Borrower) as
defined in the Facilities Agreement) are used to
repay BWE's obligations to BNI.
The abovementioned Letter of Support is not a
form of guarantee from the Company to BNI.

Furthermore, the signing of Letter of Support
above are constituted as Affiliate Transaction
under POJK 42. However, based on Article 6
paragraph (1.b) and paragraph (2) of POJK 42,
these transactions must only be reported to
OJK 2 business days since the transactions

PT Barito Renewables Energy Tbk
Wisma Barito Pacific II, 23rd Floor

Jl. Let. Jend. S. Parman Kav. 60

Jakarta 11410, Indonesia

Phone: 462 215306711

www. baritorenewables.co.id

Page 5 OCR 0.915
Barito Renewables .

occurred, because the transactions are carried
out by the Company for BWE which shares are
owned by the Company at 99.9996.

4 Dampak kejadian, informasi atau | Dampak dari penandatanganan Perjanjian
fakta material tersebut terhadap | Fasilitas adalah bertambahnya kewajiban
kegiatan operasional, — hukum, | keuangan Perseroan (secara konsolidasi).
kondisi keuangan, atau | Namun demikian, tidak terdapat dampak
kelangsungan usaha Emiten atau | signifikan terhadap kegiatan operasional,
Perusahaan Publik / The impact of | hukum, atau kelangsungan usaha Perseroan.
event, material information or facts
on the Issuer or the Public | The impact of the Facilities Agreement
Company's operational, — legal, | execution is the increment of the Company's
financial condition, or business | financial obligations (on a consolidated basis).
continuity activities However, there is no significant impact on the
Company's operational, legal or business
continuity activities.

5. | Keterangan lain-lain / Other -
information

Demikian informasi ini kami sampaikan. Atas perhatian dan kerjasamanya, kami mengucapkan
terima kasih / Thank you for your attention and cooperation.

Hormat kami / Regards,
PT Barito Renewables Energy Tbk

Aja f—

Nama : Hendra Soetjipto Tan
Jabatan : Direktur Utama
Nama : Merly

Jabatan : Direktur

Tembusan / Copied to:

1. Kepala Biro PKP Sektor Riil Otoritas Jasa Keuangan / Head of Corporate Financial
Assessment Bureau of the Financial Services Authority

2. Direktur Pencatatan PT Bursa Efek Indonesia / Director of Listing of PT Bursa Efek
Indonesia

PT Barito Renewables Energy Tbk
Wisma Barito Pacific II, 23rd Floor

Jl. Let. Jend. 5. Parman Kav. 60

Jakarta 11410, Indonesia

Phone: 462 215306711
www.baritorenewables.co.id

File

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Published2 Apr 2024
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Characters10,586
Text sourceOCR
OCR confidence0.918

Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org Barito Renewables Energy Tbk p.1 ×20
possible org Otoritas Jasa Keuangan p.1 ×3
possible org PT Bursa Efek Indonesia p.5 ×2
unresolved org Financial Services Authority p.1 ×3
unresolved person Inarno Djajadi Kepala Eksekutif Pengawas p.1
unresolved org PT Barito Wind p.1
unresolved org PT UPC Sidrap Bayu Energi p.2 ×2
unresolved org PT UPC Operation p.2 ×2
unresolved org PT Barito Wind Energy p.3
unresolved person Nama : Hendra Soetjipto Tan · Jabatan : Direktur Utama p.5 ×2

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