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Page 1
                        KETERBUKAAN INFORMASI
                                                                                                               DISCLOSURE OF INFORMATION
       DALAM RANGKA MEMENUHI PERATURAN OTORITAS JASA KEUANGAN
                                                                                           IN COMPLIANCE WITH THE FINANCIAL SERVICES AUTHORITY REGULATION NO.
                     NO.29 Tahun 2023 (POJK 29/2023)
                                                                                                                  29/2023 (POJK 29/2023)
           SEHUBUNGAN DENGAN RENCANA PERSEROAN MELAKUKAN
                                                                                                    IN REGARDS TO THE COMPANY'S SHARES BUYBACK PLAN
                  PEMBELIAN KEMBALI SAHAM PERSEROAN

Keterbukaan Informasi kepada para pemegang saham (“Keterbukaan Informasi”) ini          This Information Disclosure to shareholders ("Information Disclosure") is made and
dibuat dan ditujukan kepada Pemegang Saham PT Bank Raya Indonesia Tbk                   addressed to the Shareholders of PT Bank Raya Indonesia Tbk (the "Company") and the
(“Perseroan”) dan masyarakat dalam rangka memenuhi ketentuan Peraturan Otoritas         public in order to comply with the provisions of the Financial Services Authority ("OJK")
Jasa Keuangan (“OJK”) No. 29 Tahun 2023 tentang Pembelian Kembali Saham Yang            Regulation No. 29 of 2023 concerning Buyback of Shares Issued by Public Companies
Dikeluarkan Oleh Perusahaan Terbuka (“POJK No. 29/2023”).                               ("POJK No. 29/2023").




                          PT BANK RAYA INDONESIA Tbk                                                                PT BANK RAYA INDONESIA Tbk
                              Kegiatan Usaha Utama:                                                                      Business Activities:
                        Kegiatan umum di Bidang Perbankan                                                                 Banking Services

                                   KANTOR PUSAT                                                                             HEAD OFFICE:
             Menara BRILiaN Lt. 20, JL Jend. Gatot Subroto No. 177A                                                  th
                                                                                                  Menara BRILiaN 20 Floor, JL Jend. Gatot Subroto No. 177A, Tebet,
                                Jakarta Selatan 12870                                                                   Jakarta Selatan 12870
                    Telp. (021) 5093.1300 Fax. (021) 5093.1494                                              Telp. (021) 5093.1300 Fax. (021) 5093.1494
            Website www. bankraya.co.id Email: humas@bankraya.co.id,                                Website www. bankraya.co.id Email: humas@bankraya.co.id,
                          investor.relation@bankraya.co.id                                                        investor.relation@bankraya.co.id


                 INFORMASI KEPADA PEMEGANG SAHAM                                                               INFORMATION TO SHAREHOLDERS
    SEHUBUNGAN DENGAN RENCANA PEMBELIAN KEMBALI SAHAM PERSEROAN                                       IN REGARDS TO THE COMPANY’S SHARES BUYBACK PLAN

PT Bank Raya Indonesia Tbk (“Perseroan”) merencanakan untuk melakukan pembelian         PT Bank Raya Indonesia Tbk (“The Company”) plans to conduct buyback of the
kembali saham Perseroan (“Buyback”) yang telah dikeluarkan dan tercatat di Bursa Efek   Company's shares (“Buyback”) that have been issued and listed on the Indonesia Stock
Indonesia (“Bursa Efek”) sesuai Peraturan Otoritas Jasa Keuangan No. 29 Tahun 2023      Exchange (“IDX”) in accordance with the Financial Services Authority (“FSA”) Regulation
tanggal 29 Desember 2023 tentang Pembelian Kembali Saham Yang Dikeluarkan Oleh          No. 29/2023 released 29 December 2023 concerning the Buyback of Shares Issued by
Perusahaan Terbuka (“POJK 29/2023”). Perkiraan jumlah nilai nominal seluruh saham       Public Companies (“FSA Regulation No. 29/2023”). The Buyback total values is estimated
yang akan dibeli kembali sebanyak-banyaknya Rp60.000.000.000,- (enam puluh miliar       to be up to Rp60,000,000,000.- (sixty billion Rupiah), which shall be executed through
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Rupiah) yang akan dilakukan melalui Bursa Efek maupun di luar Bursa Efek, secara         IDX or outside IDX, whether in stages or at once, and shall be completed no later than
bertahap dan diselesaikan paling lambat 12 (dua belas) bulan setelah persetujuan RUPST   12 (twelve) months upon obtaining approval from Annual General Meeting of
dan OJK. Buyback akan dilaksanakan dengan memperhatikan kondisi likuiditas dan           Shareholders (“AGMS”) and Financial Services Authority (“FSA”). The Buyback shall be
permodalan Perseroan, serta ketentuan peraturan perundang-undangan yang berlaku.         exercised with regards to the Company's capital adequacy, liquidity, and in accordance
                                                                                         with the prevailing laws and regulations.


      Keterbukaan Informasi diterbitkan di Jakarta pada tanggal 21 Maret 2024                     This Disclosure of Information is issued in Jakarta on 21 March 2024


                    PERKIRAAN JADWAL WAKTU PELAKSANAAN
                                                                                                              ESTIMATED TIMELINE OF SHARES BUYBACK
                          PEMBELIAN KEMBALI SAHAM


 1.   Tanggal Pemberitahuan kepada OJK dan        :                  21 Maret 2024        1.   Date of Notification to the FSA and IDX   :                    21 March 2024
      BEI tentang Rencana Buyback dan                                                          regarding the Buyback plan and
      Pengumuman Keterbukaan Informasi                                                         announcement of Disclosure of
 2.   Perkiraan Tanggal RUPST                     :                    30 April 2024           Information
 3.   Perkiraan Periode Buyback                   :    12 (dua belas) bulan setelah       2.   Estimated Date of AGMS                    :                     30 April 2024
                                                        persetujuan RUPST dan OJK         3.   Estimated Buyback Period                  :         12 (twelve) months upon
                                                                                                                                              obtaining approval from AGMS
                                                                                                                                                                    and FSA

           KETERANGAN PERKIRAAN BIAYA PEMBELIAN KEMBALI SAHAM,                                           DESCRIPTION OF THE ESTIMATED COST OF BUYBACK,
                   DAN PERKIRAAN JUMLAH NILAI NOMINAL                                                    AND THE ESTIMATED NOMINAL VALUE OF BUYBACK
                 SELURUH SAHAM YANG AKAN DIBELI KEMBALI

Jumlah nilai nominal seluruh saham yang akan dibeli kembali diperkirakan maksimal        The maximum value of Buyback which will be carried out is estimated to be up to
sebesar Rp60.000.000.000,- (enam puluh miliar Rupiah). Pelaksanaan dan besaran           Rp60,000,000,000.- (sixty billion Rupiah) (“Estimated Buyback Value”). The execution
nominal pembelian kembali saham Perseroan akan dilaksanakan setelah adanya               and the total value of buyback shares will be determined subsequent to obtaining the
persetujuan RUPST dan OJK. (“Perkiraan Nilai Buyback”). Perkiraan biaya Buyback yang     approval from AGMS and FSA. The estimated Buyback cost, which includes brokerage
mencakup biaya komisi perantara dan biaya lainnya diperkirakan mencapai 1,61% dari       commissions and other fees are estimated at up to 1.61% of the Estimated Buyback
Perkiraan Nilai Buyback, apabila Buyback dilaksanakan secara keseluruhan.                Value, if the Buyback is implemented in its entirety.

Pelaksanaan Buyback dan jumlah keseluruhan Treasury Stock yang dimiliki Perseroan        The execution of the Buyback and the total value of the Treasury Stock owned by the
tidak akan melebihi 10% (sepuluh persen) dari jumlah modal yang ditempatkan dalam        Company shall not exceed 10% (ten percent) of the total issued capital in the Company
Perseroan sesuai dengan ketentuan dan peraturan perundang-undangan yang berlaku.         in accordance with the prevailing laws and regulations.
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Jumlah Saham Free Float Perseroan tidak akan lebih rendah dari 7,5% (tujuh koma lima   The number of the Company’s Free Float Shares will not be lower than 7.5% (seven point
persen) dari jumlah saham tercatat sesuai dengan ketentuan dan peraturan yang          five percent) of the number of shares recorded in accordance with the prevailing laws
berlaku.                                                                               and regulations.


 PENJELASAN, PERTIMBANGAN DAN ALASAN DILAKUKANNYA PEMBELIAN KEMBALI                      EXPLANATION, CONSIDERATIONS, AND REASONS TO CARRY OUT 2024 BUYBACK
                               SAHAM


Pelaksanaan pembelian kembali saham Perseroan dilatarbelakangi upaya untuk             The implementation of the Buyback is aimed to increase employee’s engagement and
meningkatkan engagement dan ownership pekerja atas Perseroan. Dalam hal ini,           ownership of the Company. This is expected to be achieved through the Management
program tersebut diimplementasikan dalam bentuk Program Kepemilikan Saham              and Employee Share Ownership Program. In this case, the program will be implemented
Manajemen dan Pekerja yang merupakan bagian dari keseluruhan skema remunerasi          as part of remuneration scheme for Management and Employees on variable basis so
untuk Manajemen dan Pekerja yang bersifat variabel. Sehingga Pekerja terdorong         that employees are encouraged to contribute more optimally in order to achieve the
berkontribusi lebih optimal terhadap pencapaian target Perseroan. Selain Pekerja,      Company's targets. In addition to employees, this share ownership program is planned
program kepemilikan saham ini direncanakan dapat diperuntukan bagi Direksi dan         to be intended for the Board of Directors and Board of Commissioners except for
Dewan Komisaris kecuali Komisaris Independen.                                          Independent Commissioners.

                                                                                       In addition, the Management considers that the Company’s performance and prospect
Selain itu, program Buyback ini juga dilandasi keyakinan manajemen Perseroan akan      will continue to improve, therefore the buyback will add v
kinerja dan prospek kinerja perusahaan ke depan yang akan terus membaik, sehingga      palue to the stakeholders.
dapat memberikan value kepada stakeholders.




  SUMBER PENDANAAN, PERKIRAAN MENURUNNYA PENDAPATAN PERUSAHAAN                         SOURCE OF FUNDS, ESTIMATION OF THE DECLINE OF THE COMPANY’S REVENUE AS A
 SEBAGAI AKIBAT PELAKSANAAN PEMBELIAN KEMBALI SAHAM DAN DAMPAK ATAS                      RESULT OF THE EXECUTION OF BUYBACK AND THE IMPACT TO THE COMPANY’S
                     BIAYA PEMBIAYAAN PERUSAHAAN                                                                      FINANCING
Perseroan akan menggunakan kas internal Perseroan untuk Buyback dengan                 The Company plans to utilize its internal cash to finance the Buyback and the Buyback
berpedoman pada POJK 29/2023. Berdasarkan sumber dana yang digunakan maka aset         2024 pursuant to FSA Regulation No. POJK 29/2023. Based on the source of funds, the
dan ekuitas diperkirakan akan menurun sebesar-besarnya sejumlah Perkiraan Nilai        Company’s assets and equity are estimated to decrease to a maximum amount of The
Buyback. Pelaksanaan Buyback diprediksikan tidak akan menyebabkan kekayaan bersih      Estimated Buyback Value. The execution of the Buyback is predicted to not cause The
Perseroan menjadi lebih kecil dari jumlah modal yang ditempatkan ditambah cadangan     Company's net worth to be less than the total issued capital plus the mandatory
wajib yang telah disisihkan, termasuk dari sisi pendapatan maupun biaya operasional.   reserves, including its revenues and operating expenses.
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    PROFORMA LABA PER SAHAM PERUSAHAAN SETELAH RENCANA PEMBELIAN                                                THE COMPANY'S PRO-FORMA EARNINGS PER SHARE
                     KEMBALI SAHAM DILAKSANAKAN                                                                      UPON THE EXECUTION OF THE BUYBACK
Berikut merupakan proforma Total Aset, Ekuitas, Laba Tahun Berjalan dan Laba per               Below are the pro-forma Total Assets, Equity, Profit for the Period and Earnings per
Saham sebagai gambaran Laporan Keuangan per tanggal 31 Desember 2023 dengan                    Share as an illustration of the Consolidated Financial Statements as of 31 December 2023
memperhitungkan Perkiraan Nilai Buyback.                                                       after considering the Estimated Buyback Value.

                              Periode Laporan Keuangan                                                                           Financial Statement
                     yang berakhir pada tanggal 31 Desember 2023                                                       for the period ended 31 December 2023
                                            Sebelum         Setelah                                                                     Before the
                         Keterangan                                                                                     Description                   After Buyback
                                            Buyback         Buyback                                                                      Buyback

                      Total Aset                12.440         12.380                                                  Total Asset          12,440          12,380
                                                                                                                       Total
                      Total Ekuitas              3.420          3.360                                                                        3,420           3,360
                                                                                                                       Equities
                      Laba Bersih                   24                24                                               NPAT                      24             24
                      ROA                       1,05%           1,05%                                                  ROA                   1.05%          1.05%
                       Laba per Saham               0,98            0,98                                                  EPS                      0.98            0.98
Keterangan: Brokerage Fee dan biaya lainnya tidak berdampak signifikan terhadap Total Asset,   Note: Brokerage Fees and other costs do not have a significant impact on The Company's Total
Total Ekuitas dan Laba-Rugi Perseroan, sehingga dikeluarkan dari proyeksi di atas.             Assets, Total Equity and Profit and Loss, as excluded from the projections above

Analisis di atas menunjukkan tidak ada perubahan yang signifikan dengan adanya                 The analysis above shows that there is no significant change from the Buyback to The
Buyback terhadap indikator keuangan Perseroan.                                                 Company's financial indicators.


                    PEMBATASAN HARGA SAHAM DALAM RANGKA                                                           RESTRICTIONS ON SHARE PRICE IN CONNECTION
                      PEMBELIAN KEMBALI SAHAM PERSEROAN                                                                       WITH THE BUYBACK

Buyback akan dilaksanakan dengan harga yang dianggap wajar oleh Perseroan dengan               The Buyback shall be conducted at a price deemed reasonable by The Company as well
memperhatikan POJK 29/2023.                                                                    as comply with FSA Regulation No. 29/2023.
1. Dalam hal pembelian kembali saham dilakukan melalui Bursa Efek maka harga                   1. In the event that a share buyback is executed in the Stock Exchange, the buyback
   penawaran untuk membeli kembali saham harus lebih rendah atau sama dengan                       offer price must be lower or equal to the transaction price that occurred previously;
   harga transaksi yang terjadi sebelumnya; dan                                                    and
2. Dalam hal pembelian kembali saham dilakukan di luar Bursa Efek dan dengan                   2. In the event that the share buyback is carried out outside the Stock Exchange and
   mengingat saham Perseroan tercatat dan diperdagangkan di Bursa, maka harga                      considering that the Company's shares are listed and traded on the Stock Exchange,
   pembelian kembali saham Perseroan adalah paling tinggi sebesar harga rata-rata                  the highest buyback price is at the average price of the closing price of daily trading
   dari harga penutupan perdagangan harian di Bursa Efek selama 90 (sembilan puluh)                on the Stock Exchange for the past 90 (ninety) days before the date of the share
   hari terakhir sebelum tanggal pembelian kembali saham oleh Perseroan.                           buyback.
Page 5
                        JANGKA WAKTU PELAKSANAAN                                                                        EXECUTION PERIOD OF
                     PEMBELIAN KEMBALI SAHAM PERSEROAN                                                                      THE BUYBACK
Buyback dilaksanakan secara bertahap, paling lambat 12 (dua belas) bulan setelah        The Buyback can be completed gradually no later than 12 (twelve) months upon
persetujuan RUPST dan OJK.                                                              obtaining approval from AGMS and FSA.


                     METODE YANG AKAN DIGUNAKAN UNTUK                                                            METHODS TO BE USED TO BUYBACK
                     PEMBELIAN KEMBALI SAHAM PERSEROAN                                                               THE COMPANY’S SHARES
1.   Buyback dapat dilaksanakan melalui Bursa Efek maupun di luar Bursa Efek sesuai     1.   The Buyback may be executed in Stock Exchange or outside Stock Exchange in
     ketentuan peraturan yang berlaku.                                                       accordance with the prevailing laws and regulations.
2.   Buyback yang dilakukan melalui Bursa Efek akan dilaksanakan melalui 1 (satu)       2.   The Buyback shall be performed by the IDX by 1 (one) securities broker-dealer
     anggota Bursa Efek.                                                                     company appointed by The Company.


  PEMBAHASAN DAN ANALISIS MANAJEMEN MENGENAI PENGARUH PEMBELIAN                                          MANAGEMENT ANALYSIS AND DISCUSSION ON
KEMBALI SAHAM TERHADAP KEGIATAN USAHA DAN PERTUMBUHAN PERSEROAN DI                            THE IMPACT OF BUYBACK ON THE COMPANY'S BUSINESS ACTIVITIES AND
                          MASA MENDATANG                                                                         GROWTH OF THE COMPANY

Buyback diyakini tidak akan berdampak negatif secara material terhadap kegiatan usaha   The Buyback shall not have any material effects to the Company’s business activities. In
Perseroan. Dalam hal ini, modal kerja, cash flow dan Capital Adequacy Ratio (CAR)       this respect, the Company’s working capital, cash flows, and Capital Adequacy Ratio
Perseroan cukup untuk pembiayaan Buyback bersamaan dengan kegiatan usaha                (CAR) are sufficient to finance the Buyback and its business activities.
Perseroan.
Page 6
     PENGALIHAN SAHAM HASIL BUYBACK HASIL PEMBELIAN KEMBALI SAHAM                        DISCLOSURE OF INFORMATION REGARDING SHARE TRANSFER PLANS RESULTING
                                                                                                                FROM SHARES BUYBACK
        LATAR BELAKANG PEMBELIAN KEMBALI SAHAM YANG AKAN DIALIHKAN                             BACKGROUND OF THE SHARES BUYBACK THAT WILL BE TRANSFERRED

Saham hasil Buyback akan dialihkan melalui Pelaksanaan Program Kepemilikan Saham       The shares from the Buyback will be transferred by means of the Implementation of the
Manajemen dan Pekerja dengan memperhatikan ketentuan peraturan perundang-              Management and Employee Share Ownership Program by taking into account the
undangan yang berlaku. Adapun penjelasan pengalihan saham hasil Buyback terkait        provisions of applicable laws and regulations. The explanation of the transfer of shares
Program Kepemilikan Saham Manajemen dan Pekerja adalah sebagai berikut:                from the Buyback related to the Management and Employee Share Ownership Program
                                                                                       is as follows:
    ●    Tanggal persetujuan RUPST atas Buyback direncanakan pada tanggal 30 April
         2024.                                                                             ●   The AGMS approval date for the Buyback is planned to be held on April 30,
    ●    Periode pelaksanaan Buyback direncanakan paling lama 12 (dua belas) bulan             2024.
         terhitung sejak tanggal persetujuan RUPST dan OJK.                                ●   The Buyback implementation period is planned to be no later than 12 (twelve)
    ●    Realisasi Buyback akan dilakukan sesuai periode pelaksanaan Buyback.                  months from the date of approval of the AGMS and FSA.
    ●    Sumber saham yang akan dialihkan untuk Program Kepemilikan Saham                  ●   The realization of the Buyback will be carried out according to the Buyback
         Manajemen dan Pekerja berasal dari Buyback.                                           implementation period.
    ●    Perseroan akan mengalihkan hasil Buyback paling lama 3 (tiga) tahun setelah       ●   The source of the shares that will be transferred for the Management and
         selesainya Buyback.                                                                   Employee Share Ownership Program comes from the Buyback.
    ●    Jumlah saham yang akan dialihkan sebanyak-banyaknya sebesar jumlah saham          ●   The Company will transfer the results of the Buyback no later than 3 (three)
         hasil Buyback.                                                                        years after the completion of the Buyback.
                                                                                           ●   The number of shares to be transferred is as many as the number of shares
                                                                                               from the Buyback.


                           TUJUAN PENGALIHAN SAHAM                                                                 PURPOSE OF SHARE TRANSFER

Perseroan akan mengalihkan saham hasil Buyback kepada Pekerja dan/atau Direksi dan     The Company will transfer the shares from the Buyback to Employees and/or Directors
Komisaris selain Komisaris Independen sebagai Program Kepemilikan Saham                and Commissioners as a Share Ownership Program which is a Variable Remuneration as
Manajemen dan Pekerja yang merupakan Remunerasi Bersifat Variabel sebagaimana          referred to in the Financial Services Authority Regulation No. 45/POJK.03/2015
dimaksud dalam Peraturan Otoritas Jasa Keuangan No. 45/POJK.03/2015 tentang            concerning the Implementation of Governance in Providing Remuneration to
Penerapan Tata Kelola Dalam Pemberian Remunerasi Pada Bank Umum (“POJK                 Commercial Banks ("POJK 45/2015").
45/2015”).
Page 7
          PERSYARATAN PEKERJA, DIREKSI DAN/ATAU DEWAN KOMISARIS                          REQUIREMENTS FOR EMPLOYEES, DIRECTORS AND/OR COMMISSIONERS AS PARTIES
                SEBAGAI PIHAK YANG BERHAK MENERIMA SAHAM                                                      ENTITLED TO RECEIVE SHARES
Persyaratan Pekerja dan/atau Komisaris (selain Komisaris Independen) dan Direksi         Requirements for Employees and/or Commissioners (other than Independent
sebagai pihak yang berhak menerima saham mengacu pada kebijakan internal Perseroan       Commissioners) and Directors as parties entitled to receive shares will refer to the
mengenai Sistem Remunerasi Berbasis Risiko, serta turut mengacu pada POJK No.            Company's internal policy regarding the Risk-Based Remuneration System and POJK No.
45/2015. Perseroan tidak akan memberikan remunerasi bersifat variable kepada             45/2015. The Company will not provide variable remuneration to Independent
Komisaris Independen untuk menghindari benturan kepentingan.                             Commissioners to avoid conflicts of interest.


                   RENCANA PERIODE PELAKSANAAN (EXERCISE)                                                PLAN PERIOD FOR THE IMPLEMENTATION (EXERCISE)
Pemberian Program Kepemilikan Saham Manajemen dan Pekerja paling lama selama 3           Provision of Share Ownership Program for a maximum of 3 (three) years since the
(tiga) tahun sejak Buyback selesai dilaksanakan.                                         Buyback is completed.
                        HARGA PELAKSANAAN ATAU                                           EXERCISE PRICE OR METHODS FOR CALCULATION OF THE EXERCISE PRICE OF SHARES
              METODE PERHITUNGAN HARGA PELAKSANAAN SAHAM
Harga pelaksanaan sesuai dengan ketentuan pengalihan Program Kepemilikan Saham           The exercise price will in accordance with the provisions for the transfer of the Share
sebagaimana yang berlaku di Pasar Modal di Indonesia dan kebijakan internal Perseroan.   Ownership Program as applicable in the Capital Market in Indonesia and the
                                                                                         Company's internal policies.

               JUMLAH ATAU BESARAN PEMBAYARAN OLEH PEKERJA,                                            AMOUNT OF PAYMENTS BY THE COMPANY'S EMPLOYEES,
                DIREKSI, DAN/ATAU DEWAN KOMISARIS PERSEROAN                                                  DIRECTORS AND/OR COMMISSIONERS

Jumlah atau besaran pembayaran oleh Pekerja dan/atau Komisaris (selain Komisaris         The amount of payments by Employees and/or Commissioners (other than Independent
Independen) dan Direksi mengacu pada kebijakan internal Perseroan.                       Commissioners) and Directors will refers to the company's internal policies.
Page 8
              PROFORMA STRUKTUR PERMODALAN SEBELUM DAN SETELAH                                                 PROFORMA OF CAPITAL STRUCTURE BEFORE AND AFTER
                        PERIODE PELAKSANAAN (EXERCISE)                                                                      THE EXERCISE PERIOD
Berikut merupakan proforma Total Ekuitas sebagai gambaran Laporan Keuangan per               The following is a proforma of Total Equity as an illustration of the Consolidated Financial
tanggal 31 Desember 2023                                                                     Statements as of December 31, 2023

                                     Periode Laporan Keuangan                                                                  Financial Statement
                            yang berakhir pada tanggal 31 Desember 2023                                              for the period ended 31 December 2023

                                                                                                                                                                     After transfer of
       Keterangan                                                                                                            Before the
                                Sebelum Buyback     Setelah Buyback     Setelah Pengalihan            Description                             After the Buyback      shares from the
  (dalam miliaran rupiah)                                                                                                     Buyback
                                                                                                                                                                         Buyback

 Total Ekuitas                             3.420                3.360                3.420    Total Equities                        3,420                  3,360                  3,420




                                       KETENTUAN LOCK UP                                                                       LOCK UP PROVISIONS
Ketentuan Lock Up untuk pengalihan saham hasil pembelian Kembali saham mengacu               Lock Up provisions for the transfer of shares resulting from share buybacks will refer to
pada kebijakan internal Perseroan.                                                           the company's internal policies.

                                      INFORMASI TAMBAHAN                                                                     FURTHER INFORMATION

Apabila terdapat hal-hal yang kurang jelas dari Keterbukaan Informasi ini atau apabila       If there are things that are unclear from this Information Disclosure or if shareholders
pemegang saham menginginkan tambahan informasi sehubungan dengan Buyback                     want additional information related to the Company's Buyback, shareholders are
Perseroan, para pemegang saham dipersilahkan menghubungi:                                    welcome to contact:

                                  Sekretaris Perusahaan                                                                       Corporate Secretary
                               PT Bank Raya Indonesia Tbk                                                                 PT Bank Raya Indonesia Tbk
                      Menara BRILiaN, JL Jend. Gatot Subroto No. 177A                                            Menara BRILiaN, JL Jend. Gatot Subroto No. 177A
                                  Jakarta Selatan 12870                                                                  Tebet, Jakarta Selatan 12870
                                  Telp. (021) 5093.1300                                                                      Telp. (021) 5093.1300
                                   Fax. (021) 5093.1494                                                                       Fax. (021) 5093.1494
              Email: humas@bankraya.co.id, investor.relation@bankraya.co.id                              Email: humas@bankraya.co.id, investor.relation@bankraya.co.id

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