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PT First Media Tbk | Annual Report & Sustainability Report 2025
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PT First Media Tbk | Annual Report & Sustainability Report 2025
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PT First Media Tbk | Annual Report & Sustainability Report 2025
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DAFTAR ISI
1     KINERJA 2025 / 2025 Performance

    Ikhtisar Keuangan / Financial Highlights                                 12

    Ikhtisar Saham / Stock Highlights                                        13
    Struktur Kepemilikan Saham / Share Ownership Structure                   15
    Riwayat Pencatatan Saham di Bursa Efek Indonesia /                       18
    History of Share Listing on the Indonesia Stock Exchange




2     PROFIL PERUSAHAAN / Company Profile

    Identitas Perusahaan / Corporate Identity                                21
    Sekilas PT First Media Tbk / A Glance of PT First Media Tbk              26
    Visi, Misi dan Nilai Perusahaan / Vision, Mission and Corporate Values   28
    Kronologi Kepemilikan Saham / Chronology of Share Ownership              30
    Struktur Perusahaan / Corporate Structure                                44
    Struktur Organisasi / Organization Structure                             48
    Profil Dewan Komisaris / Board of Commissioners Profile                  50
    Profil Direksi / Board of Directors Profile                              52
    Profil Komite Audit / Audit Committee Profile                            55




3     LAPORAN MANAJEMEN / Management Report

    Laporan Dewan Komisaris / Board of Commissioners Report                  60
    Laporan Direksi / Board of Directors Report                              66




4   ANALISA DAN PEMBAHASAN MANAJEMEN / Management Discussion and Analysis

    Tinjauan Bisnis / Business Overview                                      72
    Tinjauan Sumber Daya Manusia / Human Resources Overview                  76
    Tinjauan Keuangan / Financial Overview                                   84




5     TATA KELOLA PERUSAHAAN / Corporate Governance

    Prinsip Tata Kelola Perusahaan / Corporate Governance Principles          99
    Struktur Tata Kelola Perusahaan / Corporate Governance Structure         102
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                                               Table of Contents

5   TATA KELOLA PERUSAHAAN / Corporate Governance

Rapat Umum Pemegang Saham / General Shareholders Meeting                          104

Dewan Komisaris / Board of Commissioners                                          124
Direksi / Board of Directors                                                      133
Komite Audit / Audit Committee                                                    145
Fungsi Nominasi & Remunerasi / Nomination & Remuneration Function                 151
Sekretaris Perusahaan / Corporate Secretary                                       155
Unit Audit Internal / Internal Audit Unit                                         158
Audit Eksternal / External Audit                                                  162
Sistem Pengendalian Internal / Internal Control System                            163
Manajemen Risiko / Risk Management                                                165
Sistem Pelaporan Pelanggaran / Whistleblowing System                              168
Kode Etik & Anti Korupsi / Code of Ethics & Anti-Corruption                       175
Perkara Hukum / Legal Cases                                                       180
Keterbukaan Informasi & Paparan Publik / Information Disclosure & Public Expose   180
Laporan Komite Audit / Audit Committee Report                                     182
Pelaksanaan Penerapan Aspek dan Prinsip Tata Kelola /                             184




6
Implementation of Corporate Governance Aspects and Principles


    AKSI KEBERLANJUTAN / Sustainability Action

Aksi Keberlanjutan / Sustainability Action                                        194

Visi, Misi dan Nilai Keberlanjutan / Vision, Mission, and Sustainability Values   200
Tata Kelola Keberlanjutan / Corporate Governance for Sustainability               202
Kinerja Keberlanjutan / Sustainability Performance                                204
Tanggapan terhadap Laporan Keberlanjutan Sebelumnya /                             211
Feedback to Previous Sustainability Report

Lembar Umpan Balik / Feedback Form                                                212




7
Indeks POJK-51/2017 / POJK-51/2017 Index                                          213



    LEMBAR TANDA TANGAN / Signature Sheet




8
Pernyataan Tanggung Jawab Pelaporan Tahunan /
                                                                                  223
Statement of Annual Reporting Accountability

    LAPORAN KEUANGAN AUDIT / Audited Financial Statements

Laporan Keuangan Audit / Audited Financial Statements                             226
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PT First Media Tbk | Annual Report & Sustainability Report 2025
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PT First Media Tbk | Annual Report & Sustainability Report 2025
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                Kinerja 2025                                           Profil Perusahaan   Laporan Manajemen   Analisa dan Pembahasan Manajemen
                2025 Performance                                       Company Profile     Management Report   Management Discussion and Analysis




 8
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  1
                                                                  Kinerja 2025
                                                                  2025 Performance
Page 9
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                       9




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 10
                Kinerja 2025                                      Profil Perusahaan   Laporan Manajemen   Analisa dan Pembahasan Manajemen
                2025 Performance                                  Company Profile     Management Report   Management Discussion and Analysis




10
PT First Media Tbk | Annual Report & Sustainability Report 2025
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Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      11




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 12
                Kinerja 2025                                                                               Profil Perusahaan                   Laporan Manajemen    Analisa dan Pembahasan Manajemen
                2025 Performance                                                                           Company Profile                     Management Report    Management Discussion and Analysis




                                                                           Ikhtisar Keuangan
                                                                           Financial Highlights
                                                                                          Kinerja Neraca | Balance Sheet Performance                                   2025         2024          2023
                                                                                          Jumlah Aset Lancar                                                        320.253      318.314       349.524
                                                                  dalam jutaan Rupiah
                                                                  in millions of Rupiah




                                                                                          Total Current Assets

                                                                                          Jumlah Aset Tidak Lancar
                                                                                                                                                                   5.119.896   1.853.327       679.921
                                                                                          Total Non-Current Assets
                                                                                          Jumlah Aset                                                              5.440.149   2.171.641      1.029.445
                                                                                          Total Assets

                                                                                          Jumlah Liabilitas Jangka Pendek
                                                                                                                                                                   1.427.409   1.418.842      1.588.997
                                                                                          Total Current Liabilities
                                                                                          Jumlah Liabilitas Jangka Panjang
                                                                                                                                                                     14.588       14.330        26.827
                                                                                          Total Non-Current Liabilities
                                                                                          Jumlah Liabilitas
                                                                                                                                                                   1.441.997   1.433.172      1.615.824
                                                                                          Total Liabilities

12                                                                                        Jumlah Ekuitas
                                                                                          Total Equity
                                                                                                                                                                   3.998.152     738.469      (586.379)

                                                                                          Kinerja Usaha | Operating Performance

                                                                                          Pendapatan
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                                                      1.694       28.572       113.520
                                                                                          Revenues
                                                                                          Laba Kotor
                                                                                                                                                                      1.054        9.446         5.289
                                                                                          Gross Profit
                                                                                          Beban Operasional
                                                                                                                                                                    (20.481)     (20.597)      (81.013)
                                                                                          Operating Expenses
                                                                                          EBITDA
                                                                                                                                                                    (19.427)     (11.151)      (75.724)
                                                                                          EBITDA
                                                                                          Beban Penyusutan & Amortisasi
                                                                                                                                                                           -      (2.010)       (2.967)
                                                                                          Depreciation & Amortization Expenses
                                                                                          Kerugian Pelepasan Investasi pada Entitas Asosiasi - Neto                        -              -           -
                                                                                          Loss on Disposal of Investment in Associates - Net

                                                                                          Beban Keuangan
                                                                                                                                                                        (27)       (52)           (295)
                                                                                          Finance Costs
                                                                                          Bagian Atas Laba Neto Entitas Asosiasi                                           -              -           -
                                                                                          Equity in Net Profit of Associates

                                                                                          Lain-Lain Neto
                                                                                                                                                                     13.877       71.228         3.485
                                                                                          Others-Net
                                                                                          Beban Pajak Penghasilan
                                                                                                                                                                           -              -     (2.623)
                                                                                          Income Tax Expense
                                                                                          Laba (Rugi) Tahun Berjalan
                                                                                                                                                                     (5.577)      58.015       (78.124)
                                                                                          Profit (Loss) for the Year
                                                                                          Laba (Rugi) yang dapat diatribusikan kepada:
                                                                                          Profit (Loss) Attributable to:
                                                                                               Pemilik Entitas induk                                                 (1.041)      63.496       (80.354)
                                                                                               Equity Holders of the Parent Entity
                                                                                               Kepentingan Non-Pengendali                                            (4.536)      (5.481)        2.230
                                                                                               Non - Controlling Interests
                                                                                          Jumlah Penghasilan (Rugi) Komprehensif Tahun Berjalan
                                                                                                                                                                   3.259.683   1.317.260      (180.123)
                                                                                          Total Comprehensive Income (Loss) for the Year
                                                                                          Laba (Rugi) Komprehensif yang dapat diatribusikan kepada:
                                                                                          Comprehensive Income (Loss) Attributable to:

                                                                                               Pemilik Entitas Induk                                               3.264.219   1.322.741      (182.353)
                                                                                               Equity Holders of the Parent Entity

                                                                                               Kepentingan Non-Pengendali                                            (4.536)      (5.481)        2.230
                                                                                               Non - Controlling Interests
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Tata Kelola Perusahaan                      Aksi Keberlanjutan         Lembar Tanda Tangan            Laporan Keuangan Audit
Corporate Governance                        Sustainability Action      Signature Sheet                Audited Financial Statements




      Rasio | Ratios (%)                                                                  22025       2024           2023
      Marjin Laba Kotor                                                                      62,2      33,1            4,7
      Gross Profit Margin

      Marjin EBITDA                                                                      (1.146,8)    (39,0)         (66,7)
      EBITDA Margin

      Marjin Laba (Rugi) Tahun Berjalan                                                   (329,2)     203,0          (68,8)
      Profit (Loss) for The Year Margin

      Rasio Laba (Rugi) terhadap Jumlah Ekuitas                                              (0,1)      7,9           13,3
      Return on Equity

      Rasio Laba (Rugi) terhadap Jumlah Aset                                                 (0,1)      2,7           (7,6)
      Return on Assets

      Rasio Lancar                                                                           22,4      22,4           22,0
      Current Ratio

      Rasio Liabilitas terhadap Ekuitas
                                                                                                                                     13
                                                                                             36,1     194,1         (275,6)
      Liabilities to Equity Ratio

      Rasio Liabilitas terhadap Aset                                                         26,5      66,0          157,0
      Liabilities to Assets Ratio




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
      Rasio Lama Penagihan Rata-rata (hari)                                                      57    119              72
      Average Receivable Collection Period (days)




     Ikhtisar Saham
     Stock Highlights

       Kinerja Saham | Share Performance                                2025              2024
       Laba (Rugi) Per Saham Dasar (Rp)                                  (1)               36
       Basic Profit (Loss) Per Share (Rp)

       Jumlah Saham yang Beredar (Saham)                            1.742.167.907    1.742.167.907
       Outstanding Shares (Shares)

       Jumlah Saham Rata-rata Tertimbang (Saham)                    1.742.167.907    1.742.167.907
       Weighted Average Shares (Shares)

       Nilai Buku Per Saham (Rp)                                       2.295               424
       Book Value Per Share (Rp)
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                Kinerja 2025                                                           Profil Perusahaan              Laporan Manajemen              Analisa dan Pembahasan Manajemen
                2025 Performance                                                       Company Profile                  Management Report            Management Discussion and Analysis




                                                                                                            Kuartal 1              Kuartal 2             Kuartal 3             Kuartal 4
                                                                   Harga Saham | Share Price
                                                                                                            1st Quarter            2nd Quarter           3rd Quarter           4th Quarter

                                                                   2025

                                                                   Tertinggi (Rp)                              103                    150                   304                   334
                                                                   Highest (Rp)

                                                                   Terendah (Rp)                               80                      51                   52                    132
                                                                   Lowest (Rp)

                                                                   Akhir (Rp)
                                                                   Closing (Rp)
                                                                                                               89                      56                   304                   178

                                                                   Volume (Saham)                          10.625.100             547.087.300         7.927.731.700         4.753.069.900
                                                                   Volume (Shares)

                                                                   Jumlah Saham (Saham)
                                                                   Total Shares (Shares)
                                                                                                          1.742.167.907          1.742.167.907        1.742.167.907         1.742.167.907


14                                                                 Kapitalisasi Pasar (Rp)
                                                                   Market Capitalization (Rp)
                                                                                                         155.052.943.723        97.561.402.792       529.619.043.728       310.105.887.446

                                                                   2024

                                                                   Tertinggi (Rp)
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Highest (Rp)
                                                                                                               82                      38                   65                    101

                                                                   Terendah (Rp)
                                                                   Lowest (Rp)
                                                                                                               42                      29                   36                    60

                                                                   Akhir (Rp)
                                                                                                               42                      36                   63                    90
                                                                   Closing (Rp)

                                                                   Volume (Saham)
                                                                   Volume (Shares)
                                                                                                            5.839.000              5.170.600            4.574.100             14.215.700

                                                                   Jumlah Saham (Saham)                   1.742.167.907          1.742.167.907        1.742.167.907         1.742.167.907
                                                                   Total Shares (Shares)

                                                                   Kapitalisasi Pasar (Rp)               73.171.052.094         62.718.044.652       109.756.578.141       156.795.111.630
                                                                   Market Capitalization (Rp)




                                                                  Informasi Mengenai Penghentian Sementara                             Information Regarding Temporary Suspension, and/
                                                                  Perdagangan Saham (Suspension), dan/atau                             or Delisting of the Company’s Shares in the Financial
                                                                  Penghapusan Pencatatan Saham (Delisting)                             Year
                                                                  Perseroan Dalam Tahun Buku
                                                                  Selama tahun buku 2025, dalam rangka cooling down                    During the 2025 financial year, in the context of a
                                                                  sebagai bentuk perlindungan bagi investor, Bursa                     cooling-down period as a form of investor protection,
                                                                  Efek Indonesia melakukan penghentian sementara                       the Indonesia Stock Exchange imposed a temporary
                                                                  perdagangan saham Perseroan (suspension) pada                        suspension of the Company’s share trading on August
                                                                  tanggal 25 Agustus 2025, serta pada periode 15                       25, 2025, as well as during the period from September
                                                                  September hingga 13 Oktober 2025.                                    15 to October 13, 2025.


                                                                  Program Kepemilikan Saham Oleh Karyawan                              Employee Share Ownership Program
                                                                  Sampai dengan 31 Desember 2025, Perseroan tidak                      As of December 31, 2025, the Company does not have
                                                                  memiliki program kepemilikan Saham oleh Karyawan
                                                                                                                                       any Employee and/or Management Share Ownership
                                                                  dan/atau Manajemen (ESOP/MSOP).
                                                                                                                                       Program (ESOP/MSOP).
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Tata Kelola Perusahaan                    Aksi Keberlanjutan      Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                      Sustainability Action   Signature Sheet                  Audited Financial Statements




     Struktur Kepemilikan Saham
     Share Ownership Structure
     Nama pemegang saham dan persentase kepemilikan pada awal dan akhir tahun buku:
     Name of shareholders and percentage of ownership at the beginning and end of the financial year:

     per 1 Januari 2025 I as of January 1, 2025

      Pemegang Saham                                                 Jumlah Saham      Jumlah Nominal (Rp)
                                                                                                                  %
      Shareholders                                                  Number of Shares      Nominal Value (Rp)

      Modal Dasar
                                                                     6.967.587.600      3.483.793.800.000
      Authorized Capital

      Modal Dasar Ditempatkan dan Disetor Penuh
      Issued and Paid-Up Capital

         PT Reksa Puspita Karya                                        588.167.378       294.083.689.000         33,76
                                                                                                                                  15
         PT Ciptadana Capital                                          342.771.729       171.385.864.500         19,68
         PT Trijaya Putra Mulia                                        160.276.213         80.138.106.500          9,20




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
         PT Sanggraha Nusa Raya                                        118.925.000         59.462.500.000          6,83

         Masyarakat dan Kepemilikan di bawah 5%
                                                                       532.027.587       266.013.793.500         30,53
         Public and Shareholders Under 5%

      Jumlah Modal Ditempatkan dan Disetor Penuh
                                                                     1.742.167.907       871.083.953.500        100,00
      Total Issued and Fully Paid-up Capital

      Jumlah Saham dalam Portepel
                                                                     5.225.419.693      2.612.709.846.500
      Number of Shares in The Portfolio




     per 31 Desember 2025 I as of December 31, 2025
      Pemegang Saham                                                 Jumlah Saham      Jumlah Nominal (Rp)
                                                                                                                  %
      Shareholders                                                  Number of Shares      Nominal Value (Rp)

      Modal Dasar
                                                                     6.967.587.600      3.483.793.800.000
      Authorized Capital

      Modal Dasar Ditempatkan dan Disetor Penuh
      Issued and Paid-Up Capital

         PT Reksa Puspita Karya                                        588.167.378       294.083.689.000         33,76

         PT Trijaya Putra Mulia                                        160.276.213         80.138.106.500          9,20

         Masyarakat dan Kepemilikan di bawah 5%
                                                                       993.724.316       496.862.158.000         57,04
         Public and Shareholders Under 5%

      Jumlah Modal Ditempatkan dan Disetor Penuh
                                                                     1.742.167.907       871.083.953.500        100,00
      Number of Issued and Paid-Up Capital

      Jumlah Saham dalam Portepel
                                                                     5.225.419.693      2.612.709.846.500
      Number of Shares in The Portfolio
Page 16
                Kinerja 2025                                                            Profil Perusahaan                 Laporan Manajemen                    Analisa dan Pembahasan Manajemen
                2025 Performance                                                        Company Profile                   Management Report                    Management Discussion and Analysis




                                                                           Struktur Pemegang Saham per 31 Desember 2025:
                                                                           Shareholder Structure as of December 31, 2025:

                                                                                 PT Inti Anugerah
                                                                                     Pratama

                                                                                               32,13%


                                                                                PT Multipolar Tbk


                                                                                              99,99%

                                                                                PT Reksa Puspita                              PT Trijaya                             Masyarakat
                                                                                     Karya                                   Putra Mulia                               /Public

16                                                                                            33,76%                                    9,20%                                   57,04%
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                         PT First Media Tbk


                                                                  Catatan | Remarks:
                                                                  Ultimate Beneficial Owner Perseroan adalah James T. Riady yang memiliki kepemilikan secara tidak langsung melalui PT Inti Anugerah Pratama.
                                                                  The Ultimate Beneficial Owner of the Company is James T. Riady, who holds indirect ownership through PT Inti Anugerah Pratama.




                                                                  Jumlah saham dan persentase kepemilikan berdasarkan klasifikasi institusi dan individu lokal dan asing pada
                                                                  awal dan akhir tahun buku:
                                                                  Number of shares and percentage of ownership on the classification of local and foreign institutions and indi-
                                                                  viduals at the beginning and end of the financial year:



                                                                  per 1 Januari 2025
                                                                  as of January 1, 2025

                                                                   Kelompok                                                     Jumlah Pemegang Saham             Jumlah Saham                   %
                                                                   Group                                                         Number of Shareholders          Number of Shares
                                                                   Asing      Perorangan
                                                                                                                                             4                        456.700                   0,03
                                                                   Foreign    Individuals
                                                                              Badan Usaha
                                                                                                                                             8                      135.522.680                 7,78
                                                                              Business Entities
                                                                                                   Perseroan Terbatas
                                                                                                                                            16                     1.364.242.887               78,31
                                                                                                   Limited Companies
                                                                                                   Yayasan
                                                                                                                                             0                            0                     0,00
                                                                                                   Foundation
                                                                   Lokal      Badan Usaha
                                                                                                   Perusahaan Asuransi
                                                                   Local      Business Entities                                              0                            0                     0,00
                                                                                                   Insurance Companies
                                                                                                   Dana Pensiun
                                                                                                                                             0                            0                     0,00
                                                                                                   Pension Funds
                                                                                                   Lain-lain
                                                                                                                                             1                         30.800                   0,00
                                                                                                   Others
                                                                              Perorangan
                                                                                                                                           2.418                    241.914.840                13,89
                                                                              Individuals
                                                                   Total                                                                   2.447                   1.742.167.907                100
Page 17
Tata Kelola Perusahaan                  Aksi Keberlanjutan               Lembar Tanda Tangan                  Laporan Keuangan Audit
Corporate Governance                    Sustainability Action            Signature Sheet                      Audited Financial Statements




      per 31 Desember 2025
      as of December 31, 2025

       Kelompok                                                 Jumlah Pemegang Saham       Jumlah Saham               %
       Group                                                     Number of Shareholders    Number of Shares
       Asing      Perorangan
                                                                          4                    125.600                0,01
       Foreign    Individuals
                  Badan Usaha
                                                                          5                    279.480                0,02
                  Business Entities
                                      Perseroan Terbatas
                                                                          17                 884.420.887             50,77
                                      Limited Companies
                                      Yayasan
                                                                          0                       0                   0,00
                                      Foundation
       Lokal      Badan Usaha
       Local      Business Entities
                                      Perusahaan Asuransi
                                      Insurance Companies
                                                                          0                       0                   0,00                   17
                                      Dana Pensiun
                                                                          0                       0                   0,00
                                      Pension Funds




                                                                                                                                             PT First Media Tbk | Annual Report & Sustainability Report 2025
                                      Lain-lain
                                                                          1                    30.800                 0,00
                                      Others
                  Perorangan
                                                                        13.226               857.311.140             49,20
                  Individuals
       Total                                                            13.253              1.742.167.907             100
Page 18
                Kinerja 2025                                                         Profil Perusahaan          Laporan Manajemen            Analisa dan Pembahasan Manajemen
                2025 Performance                                                     Company Profile            Management Report            Management Discussion and Analysis




                                                                  Riwayat Pencatatan Saham
                                                                  di Bursa Efek Indonesia
                                                                  History of Share Listing on the Indonesia Stock Exchange



                                                                   Asal Saham                            Tanggal Pencatatan        Tambahan         Jumlah Saham        Nilai Nominal
                                                                   Origin of Shares                             Listing Date    Jumlah Saham       Beredar Setelah        Per Lembar
                                                                                                                                     (Lembar)            Transaksi        Saham (Rp)
                                                                                                                                     Addition                Total            Nominal
18                                                                                                                                 Number of
                                                                                                                                       Shares
                                                                                                                                                      Outstanding
                                                                                                                                                            Shares
                                                                                                                                                                             Value Per
                                                                                                                                                                            Share (Rp)
                                                                                                                                                             After
                                                                                                                                                       Transaction
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Penawaran Umum Perdana
                                                                                                            27 Januari 2000
                                                                   Initial Public Offering                                           20.000.000         20.000.000                500
                                                                                                             January 27, 2000


                                                                   Pencatatan Seluruh Saham di
                                                                                                           25 Pebruari 2000
                                                                   Bursa                                                            354.300.000       374.300.000                 500
                                                                                                            February 25, 2000
                                                                   Company Listing


                                                                   Penawaran Umum Terbatas I                2 Pebruari 2007
                                                                                                                                    441.674.000       815.974.000                 500
                                                                   Right Issue I                             February 2, 2007


                                                                   Pelaksanaan Waran Seri I                    27 Juni 2008
                                                                                                                                     13.000.000       828.974.000                 500
                                                                   Exercise of Series I Warrants               June 27, 2008


                                                                   Pelaksanaan Waran Seri I                      1 Juli 2008
                                                                                                                                       500.000        829.474.000                 500
                                                                   Exercise of Series I Warrants                 July 1, 2008

                                                                   Penawaran Umum Terbatas II                  24 Mei 2010
                                                                                                                                    912.421.400      1.741.895.400                500
                                                                   Right Issue II                               May 24, 2010


                                                                   Pelaksanaan Waran Seri II                28 Januari 2011
                                                                                                                                          1.500      1.741.896.900                500
                                                                   Exercise of Series II Warrants            January 28, 2011


                                                                   Pelaksanaan Waran Seri II                    11 Juli 2011
                                                                                                                                            78       1.741.896.978                500
                                                                   Exercise of Series II Warrants               July 11, 2011



                                                                   Pelaksanaan Waran Seri II                    3 Mei 2013
                                                                                                                                       270.929       1.742.167.907                500
                                                                   Exercise of Series II Warrants                May 3, 2013
Page 19
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      19




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 20
Kinerja 2025                                                           Profil Perusahaan   Laporan Manajemen   Analisa dan Pembahasan Manajemen
2025 Performance                                                       Company Profile     Management Report   Management Discussion and Analysis




20
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  2
                                                                  PROFIL PERUSAHAAN
                                                                  Company Profile
Page 21
Tata Kelola Perusahaan               Aksi Keberlanjutan      Lembar Tanda Tangan                   Laporan Keuangan Audit
Corporate Governance                 Sustainability Action   Signature Sheet                       Audited Financial Statements




    Identitas Perusahaan
    Corporate Identity




                       Informasi Umum Perseroan                Company General Information


                             Nama Perusahaan                               Company Name
                              PT First Media Tbk                          PT First Media Tbk
                                                                                                                                  21
                                Kode Saham                                     Stock Code
                                     KBLV                                         KBLV




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
                                   Alamat                                        Address
                          Gd. Lippo Kuningan Lt. 17                   Lippo Kuningan 17th Floor
                         Jl. H.R. Rasuna Said Kav. B12,              Jl. H.R. Rasuna Said Kav. B12,
                          Karet Kuning, Setiabudi,                     Karet Kuning, Setiabudi,
                            Jakarta Selatan 12920                       Jakarta Selatan 12920
                                  Indonesia                                     Indonesia


                             Telp: 021 - 5468888                          Telp: 021 - 5468888


                               Surat Elektronik                                   E-Mail
                   corporate.secretary@firstmedia.co.id         corporate.secretary@firstmedia.co.id


                                  Situs Web                                      Website
                            www.firstmedia.co.id                         www.firstmedia.co.id


                           Keanggotaan Asosiasi                       Association Membership
                       Asosiasi Penyedia Jasa Internet           Indonesia Internet Service Provider
                              Indonesia (APJII)                           Association (APJII)


                             Pemegang Saham                                    Shareholders
                          • PT Reksa Puspita Karya                     • PT Reksa Puspita Karya
                           • PT Trijaya Putra Mulia                     • PT Trijaya Putra Mulia
                                • Masyarakat                                     • Public


                               Kegiatan Usaha                             Business Activities
                        Telekomunikasi dengan Kabel                 Telecommunication by Cable
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Kinerja 2025                                                      Profil Perusahaan                      Laporan Manajemen             Analisa dan Pembahasan Manajemen
2025 Performance                                                  Company Profile                        Management Report             Management Discussion and Analysis




                                                                  Nomor Induk Usaha (NIB)                             Business Identification Number
                                                                  Sehubungan dengan dikeluarkannya                    In relation with the issuance of
                                                                  Peraturan Pemerintah Republik Indonesia             Government Regulation of the
                                                                  No. 24 Tahun 2018 tentang Pelayanan                 Republic of Indonesia No. 24 Year
                                                                  Perizinan Berusaha Terintegrasi                     2018 concerning Electronic Integrated
                                                                  Secara Elektronik tanggal 21 Juni 2018,             Licensing Services dated June 21, 2018,
                                                                  yang kemudian disebut dengan OSS                    which known as OSS (Online Single
                                                                  (Online Single Submission). Perseroan               Submission). The Company obtained
                                                                  memperoleh Nomor Induk Berusaha (NIB)               a Business Identification Number
                                                                  yang dikeluarkan Pemerintah Republik                (NIB) issued by the Government of the
                                                                  Indonesia melalui OSS No. 8120310162629             Republic of Indonesia through OSS No.
                                                                  tanggal 22 November 2018.                           8120310162629 dated 22 November 2018.




                                                                    Lembaga & Profesi Penunjang
22                                                                        Pasar Modal
                                                                                                                               Supporting Institutions
                                                                                                                                  & Professionals


                                                                       KANTOR AKUNTAN PUBLIK                                  PUBLIC ACCOUNTANT FIRM
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Amir Abadi Jusuf, Aryanto, Mawar &                  Amir Abadi Jusuf, Aryanto, Mawar &
                                                                                 Rekan                                               Rekan

                                                                                     Alamat :                                         Address :
                                                                  Plaza Asia Lt. 10 Jl. Jend. Sudirman Kav. 59        Plaza Asia 10th floor Jl. Jend. Sudirman
                                                                                  Jakarta 12190                                Kav.59 Jakarta 12190
                                                                               Tel : 021-51401340                                Tel : 021-51401340
                                                                              Fax : 021-51401540                                Fax : 021-51401540
                                                                     Website: www.rsm.global/indonesia                 Website : www.rsm.global/indonesia

                                                                            Tugas & Kewajiban:                           Main Duties & Responsibilities :
                                                                      Melakukan audit berdasarkan                     Conducting audits based on auditing
                                                                    standar auditing yang ditetapkan                      standards established by the
                                                                                                                      Indonesian Institute of Certified Public
                                                                  oleh Ikatan Akuntan Publik Indonesia.
                                                                                                                                  Accountants.

                                                                                Biaya Jasa:                                          Service Fee:
                                                                               Rp480.000.000                                        Rp480,000,000

                                                                         Periode Penugasan:                                      Assignment Period:
                                                                    Pembukuan Perseroan tahun 2025                           Company Bookkeeping in 2025




                                                                         BIRO ADMINISTRASI EFEK                                SHARE REGISTER BUREAU
                                                                          PT Sharestar Indonesia                                PT Sharestar Indonesia

                                                                                 Alamat:                                             Address:
                                                                    Sopo Del Office Towers & Lifestyle,                  Sopo Del Office Towers & Lifestyle,
                                                                           Tower B Lantai 18                                    Tower B 18th floor

                                                                   Jl. Mega Kuningan Barat III Lot 10.1-6               Jl. Mega Kuningan Barat III Lot 10.1-6
                                                                         Kawasan Mega Kuningan                                    Mega Kuningan

                                                                              Tel : 021 - 50815211                                Tel : 021 - 50815211

                                                                                E-mail :                                            E-mail :
                                                                    customer-relation@sharestar.co.id                   customer-relation@sharestar.co.id
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Tata Kelola Perusahaan                 Aksi Keberlanjutan         Lembar Tanda Tangan                   Laporan Keuangan Audit
Corporate Governance                   Sustainability Action      Signature Sheet                       Audited Financial Statements




                                Tugas & Kewajiban :                                     Main Duties & Responsibilities:
                        Melaksanakan kegiatan penyimpanan                              Conducting the recording and
                        dan pengalihan hak atas saham para                           transfer of stocks; preparing the list
                         investor; menyusun daftar pemegang                          of shareholders and its changes for
                           saham dan perubahannya untuk                             the bookkeeping at the request of the
                   melakukan pembukuan pemegang saham
                                                                               Company and preparing the Company’s
                        (pembuatan Daftar Pemegang Saham)
                                                                                     correspondence with shareholders.
                       atas permintaan emiten; dan menyiapkan
                       korespondensi emiten kepada pemegang
                                       saham.


                                     Biaya Jasa :                                                 Service Fee:
                                    Rp 107.707.920                                               Rp107,707,920



                                                                                                  NOTARY
                                       NOTARIS
                               Andalia Farida, S.H., M,H.                                  Andalia Farida, S.H., M,H.                  23

                                       Alamat :                                                 Address :




                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
                   Gedung Jagat 1, Jl. R.P. Soeroso Nomor 42 A,                     Gedung Jagat 1st Floor, Jl. R.P. Soeroso
                                 Jakarta Pusat 10350                                  Nomor 42 A, Jakarta Pusat 10350


                                 Tel : 021-39836332                                           Tel : 021-39836332


                            Email: andalia39@yahoo.com                                  Email: andalia39@yahoo.com


                                Tugas & Kewajiban:                                      Main Duties & Responsibilities:
                        Berperan dalam pembuatan Berita                                 Participate in the preparation of
                   Acara/Risalah Rapat Umum Pemegang                                Minutes/Reports of General Meetings of
                        Saham (RUPS) dan/atau akta-akta                                   Shareholders (GMS) and/or
                                                                                    other deeds required in connection with
                       lainnya yang diperlukan sehubungan
                                                                                            decisions made at GMS.
                        dengan keputusan-keputusan yang
                               diambil dalam RUPS.


                                     Biaya Jasa:                                                  Service Fee:
                                    Rp30.000.000                                                 Rp30,000,000
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Kinerja 2025                                                                Profil Perusahaan                Laporan Manajemen            Analisa dan Pembahasan Manajemen
2025 Performance                                                            Company Profile                   Management Report           Management Discussion and Analysis




                                                                  Anggaran Dasar
                                                                  Articles of Association


                                                                  Anggaran Dasar                                            Articles of Association

                                                                  Perseroan didirikan dengan nama PT Safira Ananda,         The Company is established under the name of
                                                                  berdasarkan Akta Pendirian No.37 tanggal 6 Januari        PT Safira Ananda, based on notarial Deed No. 37

                                                                  1994 dan Keputusan Menteri Kehakiman Republik             dated January 6, 1994 and Decree of the Minister of
                                                                                                                            Justice of the Republic of Indonesia Number C2-
                                                                  Indonesia Nomor C2-1.446 HT.01.01.Th.95 tanggal 1
                                                                                                                            1.446 HT.01.01.Th.95 dated February 1, 1995 that have
                                                                  Februari 1995 yang sudah mengacu kepada Kitab
                                                                                                                            been referred to the following Indonesia Commercial
                                                                  UU Hukum Dagang (Staatblad Tahun 1847 No.23)
                                                                                                                            Code (Gazette Year 1847 No. 23) as amended, the
                                                                  sebagaimana telah diubah, terakhir dengan UU No.4
                                                                                                                            latest by Law No. 4 of 1971. The next amendment to
24                                                                Tahun 1971. Perubahan Anggaran Dasar berikutnya
                                                                                                                            the Articles of Association changed the name of the
                                                                  perubahan nama Perseroan menjadi PT Tanjung               Company to PT Tanjung Bangun Semesta based on
                                                                  Bangun Semesta berdasarkan Akta No.306 tanggal            Deed No.306 dated March 28, 1995 and the Decree
                                                                  28 Maret 1995 dan Keputusan Menteri Kehakiman             of the Minister of Justice of the Republic of Indonesia
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Republik Indonesia nomor C2-15.295 HT.01.04 TH.95         number C2-15.295 HT.01.04 TH.95 dated November
                                                                  tanggal 24 Nopember 1995.                                 24, 1995.


                                                                  Perubahan Anggaran Dasar berikutnya perubahan             Subsequent amendments to the Articles of
                                                                  nama Perseroan menjadi PT Broadband Multimedia            Association changed the Company’s name to PT
                                                                  dan status Perseroan berubah menjadi Terbuka              Broadband Multimedia and the Company’s status
                                                                  (Tbk) berdasarkan akta No. 31 tanggal 28 April 2000       changed to Public (Tbk) based on Deed No. 31 dated
                                                                  dan Keputusan Menteri Hukum dan Perundang-                April 28, 2000 and Decree of the Minister of Law and
                                                                  Undangan nomor C-10263 HT.01.04.TH.2000 tanggal           Legislation number C-10263 HT.01.04.TH.2000 dated
                                                                  15 Mei 2000. Perubahan Anggaran Dasar berikutnya          May 15, 2000. The next amendment to the Articles
                                                                  perubahan nama Perseroan menjadi PT First                 of Association changed the Company’s name to PT
                                                                  Media Tbk berdasarkan Akta Berita Acara Rapat             First Media Tbk based on Deed of Minutes of Meeting
                                                                  No. 37 tanggal 25 Mei 2007 dan Keputusan Menteri          No. 37 dated May 25, 2007 and Decree of the Minister
                                                                  Hukum dan Hak Asasi Manusia dengan nomor                  of Law and Human Rights with number W7-06790
                                                                  W7-06790 HT.01.04-TH.2007 pada tanggal 19 Juni            HT.01.04-TH.2007 on June 19, 2007. The Company
                                                                  2007. Perseroan melakukan penyesuaian Anggaran            adjusted its Articles of Association in accordance
                                                                  Dasar dengan Ketentuan Undang-Undang Republik             with the provisions of Law of the Republic of
                                                                  Indonesia Nomor 40 Tahun 2007 berdasarkan Akta            Indonesia Number 40 of 2007 based on Deed No. 42
                                                                  No. 42 tanggal 15 Agustus 2008, dan Keputusan             dated August 15, 2008, and the Decree of the Minister
                                                                  Menteri Hukum dan Hak Asasi Manusia Nomor AHU-            of Law and Human Rights Number AHU-74501.
                                                                  74501.AH.01.02.Tahun 2008 pada tanggal 16 Oktober         AH.01.02.Year 2008 on October 16, 2008.
                                                                  2008.
Page 25
Tata Kelola Perusahaan             Aksi Keberlanjutan      Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance               Sustainability Action   Signature Sheet                  Audited Financial Statements




     Perseroan melakukan penyesuaian Anggaran Dasar        The Company adjusted its Articles of Association
     sesuai dengan Peraturan OJK No. 32/POJK.04/2014       in accordance with OJK Regulation No. 32/
     berdasarkan Akta Nomor 33 tanggal 15 Mei 2015         POJK.04/2014 based on Deed No. 33 dated May
     dan Pemberitahuan Kementerian Hukum dan               15, 2015 and Notification of the Ministry of Law
     Hak Asasi Manusia Nomor AHU-AH.01.03-0940134          and Human Rights Number AHU-AH.01.03-0940134
     tanggal 11 Juni 2015. Melalui Akta Nomor 15 tanggal   dated June 11, 2015. By Deed Number 15 dated
     25 Juni 2021 dengan Pemberitahuan Anggaran            June 25, 2021 with Notification of Articles of
     Dasar Nomor AHU-AH.01.03-0430925 tanggal 23 Juli      Association Number AHU-AH.01.03-0430925 dated                   25
     2021 Perseroan melakukan Penyesuaian Anggaran         July 23, 2021 the Company made Adjustments
     Dasar dengan POJK 15/2020. Melalui Akta Nomor         to the Articles of Association with POJK 15/2020.




                                                                                                                           PT First Media Tbk | Annual Report & Sustainability Report 2025
     07 tanggal 06 Juni 2022 dengan Pemberitahuan          By Deed Number 07 dated June 06, 2022 with
     Kementerian Hukum dan Hak Asasi Manusia Nomor         Notification of the Ministry of Law and Human
     AHU-AH.01.09-0026982 Tanggal 28 Juni 2022             Rights Number AHU-AH.01.09-0026982 dated June
     Perseroan mengubah domisili di Lippo Kuningan         28, 2022 the Company changed its domicile to
     Jakarta Selatan. Pada Akta Nomor 11 tanggal 08        Lippo Kuningan, South Jakarta. In Deed Number
     Juni 2022 dengan Pemberitahuan Kementerian            11 dated June 08, 2022 with Notification of the
     Hukum dan Hak Asasi Manusia Nomor AHU-                Ministry of Law and Human Rights Number AHU-
     AH.01.09-0026989 tanggal 28 Juni 2022 melakukan       AH.01.09-0026989 dated June 28, 2022 to transfer
     Pengalihan Saham pada PT Link Net Tbk, dan            shares in PT Link Net Tbk, and the Company
     Perseroan menetapkan susunan Direksi dan Dewan        established the composition of the Board of
     Komisaris berdasarkan Akta Nomor 03 tanggal           Directors and the Board of Commissioners based
     5 Juni 2025, yang telah diberitahukan kepada          on Deed No. 03 dated 5 June 2025, which has
     Kementerian Hukum dan Hak Asasi Manusia Republik      been notified to the Ministry of Law and Human
     Indonesia melalui Surat Pemberitahuan Nomor AHU-      Rights of the Republic of Indonesia through
     AH.01.09-0306654 tanggal 4 Juli 2025.                 Notification Letter No. AHU-AH.01.09-0306654
                                                           dated 4 July 2025.
Page 26
Kinerja 2025                                                                Profil Perusahaan                 Laporan Manajemen           Analisa dan Pembahasan Manajemen
2025 Performance                                                            Company Profile                   Management Report           Management Discussion and Analysis




                                                                  Sekilas PT First Media Tbk
                                                                  A Glance of PT First Media Tbk



                                                                  Sejak tahun 2007, PT Broadband Multimedia Tbk             Since 2007, PT Broadband Multimedia Tbk became
                                                                  berubah menjadi PT First Media Tbk. Perseroan             PT First Media Tbk. The Company has defined
                                                                  menetapkan diri menjadi pelopor layanan                   itself as integrated telecommunication and
26                                                                telekomunikasi dan multimedia terpadu di                  multimedia services pioneer in Indonesia with its
                                                                  Indonesia dengan konsep Triple Play, yaitu layanan        Triple Play concept, which is pay television service,
                                                                  televisi berlangganan, layanan internet pita lebar        high speed broadband wireless internet access
                                                                  berkecepatan tinggi dan layanan komunikasi data           and data communication service over digital
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  melalui jaringan telekomunikasi digital.                  telecommunication network.


                                                                  Perjalanan panjang Perseroan dalam bisnis                 The Company’s long journey in the Information and
                                                                  Teknologi Informasi dan Komunikasi (TIK) membawa          Communication Technologies (ICT) business has
                                                                  arah kebijakan strategi yang menempatkan                  led to a strategic policy that places the Company
                                                                  Perseroan sebagai perusahaan induk (holding
                                                                                                                            as a holding company running the Technology,
                                                                  company) yang menjalankan bidang usaha
                                                                                                                            Media and Telecommunications (TMT) business
                                                                  Teknologi, Media dan Telekomunikasi (TMT) di
                                                                                                                            in Indonesia. All of the Company’s policies and
                                                                  Indonesia. Segenap kebijakan dan strategi usaha
                                                                                                                            business strategies are oriented towards the goal
                                                                  Perseroan berorientasi kepada tujuan untuk menjadi
                                                                                                                            of becoming a leading TMT business company, and
                                                                  perusahaan bisnis TMT yang terdepan, serta mampu
                                                                                                                            able to support the government’s plan to achieve
                                                                  mendukung rencana pemerintah untuk mencapai
                                                                                                                            people’s life targets with the power of digital
                                                                  target kehidupan masyarakat dengan kekuatan
                                                                  teknologi digital yang berkontribusi bagi kemajuan        technology that contributes to the progress of the

                                                                  bangsa dan pembangunan ekonomi nasional.                  nation and national economic development.


                                                                  Di dalam grup usaha, Perseroan telah membangun            Inside the business group, the Company has built
                                                                  kesinambungan dan koordinasi strategis di setiap          sustainability and strategic coordination in each
                                                                  anak usahanya. Meski pembangunan sinergi yang             of its subsidiaries. Despite the complex synergy
                                                                  begitu kompleks dan butuh pengawasan tata                 building and requiring good governance oversight,
                                                                  kelola yang baik, Perseroan telah menciptakan             the Company has created good integration and
                                                                  integrasi dan kerjasama yang baik di antara anak          cooperation among its subsidiaries. Currently, the
                                                                  usahanya. Saat ini Perseroan telah mengoperasikan
                                                                                                                            Company has operated various business models
                                                                  berbagai model bisnis seperti penyedia jaringan
                                                                                                                            such as internet network service providers, pay
                                                                  jasa layanan internet, penyedia jasa layanan
                                                                                                                            television service providers, content providers,
                                                                  televisi berlangganan, penyediaan konten, serta
                                                                                                                            as well as with subsidiaries engaged in the
                                                                  dengan entitas anak yang bergerak di bidang
                                                                                                                            construction of telecommunications infrastructure.
                                                                  pembangunan infrastruktur telekomunikasi.
Page 27
Tata Kelola Perusahaan             Aksi Keberlanjutan      Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance               Sustainability Action   Signature Sheet                   Audited Financial Statements




     Sejumlah entitas anak yang dimiliki oleh Perseroan    A number of subsidiaries owned by the Company
     telah meningkatkan taraf bisnis Perseroan di          have improved the Company’s business level in
     Indonesia. Meski demikian, Perseroan masih            Indonesia. However, the Company still has the
     memiliki peluang untuk bisa memperkaya portofolio     opportunity to enrich its business portfolio in                  27
     bisnis dalam memajukan bisnis TMT. Peluang
                                                           advancing TMT’s business. The best opportunity or
     atau momentum terbaik telah diperjuangkan oleh
                                                           momentum has been fought for by the Company
     Perseroan pada tahun 2019 dengan mengakuisisi




                                                                                                                            PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                           in 2019 by acquiring several companies engaged
     beberapa perusahaan yang bergerak dalam
                                                           in the media business (print and online media).
     bisnis media (media cetak maupun online). Tujuan
                                                           The purpose of the acquisition is to increase the
     akuisisi tersebut untuk menambah portofolio bisnis,
                                                           business portfolio, so that the Company can
     sehingga Perseroan dapat memajukan nilai bisnis,
     menguatkan posisi keuangan, serta meningkatkan        advance business value, strengthen its financial

     nilai Perseroan bagi pemegang saham dan               position, and increase the value of the Company for

     pemangku kepentingan.                                 shareholders and stakeholders.


     Pada tahun 2022, Perseroan menjual seluruh            In 2022, the Company sold all of its shareholding in
     kepemilikan saham di PT Link Net Tbk kepada Axiata    PT Link Net Tbk to Axiata Investments (Indonesia)
     Investments (Indonesia) Sdn. Bhd. dan PT XL Axiata    Sdn. Bhd. and PT XL Axiata Tbk. In 2024, the Company
     Tbk. Pada tahun 2024, Perseroan menjual dan           sold and transferred its shareholdings in PT First
     mengalihkan saham-saham miliknya di PT First          Media News and PT First Media Production to PT

     Media News dan PT First Media Production kepada PT    Bersatu Universe Digital Indonesia.

     Bersatu Universe Digital Indonesia.
Page 28
Kinerja 2025                                                                            Profil Perusahaan                           Laporan Manajemen              Analisa dan Pembahasan Manajemen
2025 Performance                                                                        Company Profile                             Management Report              Management Discussion and Analysis




                                                                  Visi, Misi dan Nilai Perusahaan
                                                                  Vision, Mission and Corporate Values



                                                                                                          Menjadi perusahaan penyelenggara              To become the premier integrated
                                                                     VISI PERSEROAN




                                                                                                          jasa media terpadu terkemuka di               media services company in Indonesia
                                                                                      Company Vision




                                                                                                          Indonesia yang menyediakan layanan:           that provides services:

                                                                                                            • Content – Konten untuk Internet, TV,        • Content – Content for Internet, TV,
                                                                                                             media/surat kabar                              media/newspaper

                                                                                                            • Channels – Memproduksi “In-house            • Channels – Produce “In-house
                                                                                                             channel”                                       channel”

28
                                                                     MISI PERSEROAN
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                      Company Mission




                                                                                                           Menjunjung kompetensi dan                    To honor the competence and
                                                                                                           profesionalisme                              professionalism
                                                                                                           Fokus pada pelanggan                         To focus on customer-centric
                                                                                                           Semangat dalam bekerja                       To work at passion
                                                                     NILAI-NILAI PERUSAHAAN




                                                                                                          • Disiplin dalam pelaksanaan                  • Discipline in our execution
                                                                                                          • Kualitas dalam pelayanan                    • Quality in our service
                                                                                                          • Inovasi dalam pengembangan                  • Innovative in our development
                                                                                      Corporate Value




                                                                                                          • Agresif dalam penetrasi pasar               • Aggressive in our market penetration
                                                                                                          • Perhatian terhadap masyarakat dan           • Care for our community and
                                                                                                            lingkungan                                    environment
                                                                     STRATEGI USAHA




                                                                                                          Memperkuat dan memperkaya                     Strengthening and enriching the
                                                                                      Business Strategy




                                                                                                          ekosistem digital di Indonesia                digital ecosystem in Indonesia
                                                                                                          melalui media kreatif seiring dengan          through creative media in line
                                                                                                          kemajuan teknologi komunikasi                 with advances in communication
                                                                                                          untuk menghadirkan konten yang                technology to present quality
                                                                                                          berkualitas.                                  content.
Page 29
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      29




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 30
Kinerja 2025                                                                 Profil Perusahaan                   Laporan Manajemen            Analisa dan Pembahasan Manajemen
2025 Performance                                                             Company Profile                      Management Report           Management Discussion and Analysis




                                                                  Kronologi Kepemilikan Saham
                                                                  Chronology of Share Ownership




                                                                             2007
                                                                  Berdasarkan Rapat Umum Pemegang Saham Luar                    Based on the resolutions of Extraordinary General
                                                                  Biasa yang diselenggarakan pada tanggal 29                    Meeting of Shareholders of the Company dated
                                                                  Desember 2006 sebagaimana dimuat dalam Akta                   December 29, 2006 as stipulated in the Deed

30                                                                Berita Acara Rapat Umum Pemegang Saham Luar
                                                                  Biasa No.85, tanggal 29 Desember 2006, yang dibuat
                                                                                                                                of Minutes of Extraordinary General Meeting
                                                                                                                                of Shareholders No. 85, dated December 29,
                                                                  oleh Ny. Poerbaningsih Adi Warsito S.H., Notaris di           2006, made by Mrs. Poerbaningsih Adi Warsito
                                                                  Jakarta, serta berdasarkan pernyataan keputusan               S.H., Notary in Jakarta, and pursuant to the
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  pemegang saham yang dimuat dalam Akta                         shareholders resolution statement stipulated
                                                                  Pernyataan Keputusan Rapat No.8 tanggal 5 Maret               in the Deed of Meeting Resolution Statement
                                                                  2007 yang dibuat di hadapan Ny. Poerbaningsih Adi             No. 8 dated March 5, 2007, made before Mrs.
                                                                  Warsito S.H., Notaris di Jakarta, Perseroan melakukan         Poerbaningsih Adi Warsito S.H., Notary in Jakarta,
                                                                  peningkatan modal ditempatkan dan disetor                     the Company has increased its subscribed and
                                                                  sehubungan dengan pengeluaran saham baru                      paid-up capital related to the issuance of new
                                                                  sejumlah 441.674.000 saham dengan nilai nominal               shares of 441,674,000 shares with the aggregate
                                                                  seluruhnya sebesar Rp220.837.000.000 sebagai                  nominal value of Rp 220,837,000,000 as a result
                                                                  hasil pelaksanaan Penawaran Umum Terbatas I                   of the exercise of Rights Issue I (PUT I). The deed
                                                                  (PUT I). Akta tersebut telah diterima dan dicatat             was accepted and recorded in Legal Entity
                                                                  dalam Database Sisminbakum pada Departemen                    Administration System Database at the Ministry of
                                                                  Hukum dan Hak Asasi Manusia Republik Indonesia                Law and Human Rights of the Republic of Indonesia
                                                                  berdasarkan penerimaan Laporan Akta Perubahan                 based on the acceptance of Report of Deed of
                                                                  Anggaran Dasar Perseroan No. W7-HT.01.04-6246                 Amendment of Company Articles of Association
                                                                  tanggal 3 Mei 2007, sehingga susunan permodalan               No. W7-HT.01.04-6246 dated May 3, 2007. Therefore,
                                                                  dan pemegang saham Perseroan menjadi sebagai                  the structure of the capital and shareholders of the
                                                                  berikut:                                                      Company is as follows:


                                                                  56,02% = AcrossAsia Ltd                                       56.02% = AcrossAsia Ltd
                                                                  32,67% = PT Reksa Puspita Karya                               32.67% = PT Reksa Puspita Karya
                                                                  11,31% = Pemegang Saham dengan kepemilikan <5%                11.31% = Shareholders with <5% ownership
Page 31
Tata Kelola Perusahaan            Aksi Keberlanjutan      Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance              Sustainability Action   Signature Sheet                    Audited Financial Statements




     Pada bulan Februari 2000, Perseroan melakukan        In February 2000, the Company conducted an Initial
     Penawaran Umum Perdana yang dicatatkan pada          Public Offering which was listed on the Surabaya
     Bursa Efek Surabaya. Setelah penggabungan Bursa      Stock Exchange. After the merger of the Jakarta
     Efek Jakarta dan Bursa Efek Surabaya pada tahun
     2007, kepemilikan saham Perseroan adalah sebagai
                                                          Stock Exchange and Surabaya Stock Exchange in
                                                          2007, the ownership of shares of the Company is as
                                                                                                                            31
     berikut:                                             follows :




                                                                                                                            PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                          Saham biasa atas nama
                                                                      Nilai Nominal Rp 500 per lembar

          Keterangan                                                    Registered Common Share
          Remark                                                      Nominal Value Rp 500 per share

                                                           Jumlah Saham              Jumlah Nominal
                                                           Number of Shares          Nominal Value         %


        Modal Dasar                                           1.497.200.000          748.600.000.000
        Authorized Capital

        Jumlah modal ditempatkan dan disetor penuh
                                                               815.974.000           407.987.000.000     100,00
        Total issued and fully paid-up capital

        Pemegang saham dengan kepemilikan ≥ 5%
        Shareholders with the ownership ≥ 5%

        AcrossAsia Ltd                                         457.131.716           228.565.858.000      56,02

        PT Reksa Puspita Karya                                 266.579.704           133.289.852.000      32,67

        Pemegang saham dengan kepemilikan < 5%
                                                                 92.262.580           46.131.290.000      11,31
        Shareholders with the ownership < 5%
Page 32
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2025 Performance                                                            Company Profile                     Management Report           Management Discussion and Analysis




                                                                         2010

                                                                  Pada tanggal 18 Maret 2010, Perseroan telah                 On March 18, 2010, the Company has increased
                                                                  melakukan peningkatan modal dasar menjadi Rp                its authorized capital to Rp 1,650,000,000,000
                                                                  1.650.000.000.000 yang terbagi menjadi 3.300.000.000        comprising of 3,300,000,000 shares, as approved
                                                                  saham, sebagaimana disetujui berdasarkan                    pursuant to the resolutions of Extraordinary General
                                                                  keputusan Rapat Umum Pemegang Saham Luar Biasa
                                                                                                                              Meeting of Shareholders of the Company dated
                                                                  Perseroan tanggal 4 Maret 2010 yang dimuat dalam
                                                                                                                              March 4, 2010 as stipulated in the Deed of Minutes
                                                                  Akta Risalah Rapat No. 6 tanggal 4 Maret 2010, yang
32                                                                dibuat oleh Lindasari Bachroem S.H., Notaris di Jakarta
                                                                                                                              of Meeting No. 6 dated March 4, 2010, made by
                                                                                                                              Lindasari Bachroem S.H.,Notary in Jakarta and is
                                                                  dan dinyatakan dalam Akta Pernyataan Keputusan
                                                                                                                              stated in the Deed Of Meeting Resolution Statement
                                                                  Rapat No. 7 tanggal 4 Maret 2010 yang dibuat di
                                                                                                                              No. 7 dated March 4, 2010, made before Lindasari
                                                                  hadapan Lindasari Bachroem S.H., Notaris di Jakarta
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  yang telah memperoleh persetujuan dari Menteri              Bachroem S.H., Notary in Jakarta, which has

                                                                  Hukum dan Hak Asasi Manusia Republik Indonesia              obtained the approval of the Minister of Law and

                                                                  berdasarkan keputusan No. AHU-13941.AH.01.02.               Human Rights of the Republic Indonesia pursuant
                                                                  Tahun 2010 tanggal 18 Maret 2010, sehingga susunan          to the decree No.AHU-13941.AH.01.02.Year 2010 dated
                                                                  permodalan dan pemegang saham Perseroan                     March 18, 2010, so that the structure of the capital
                                                                  menjadi sebagai berikut:                                    and shareholders of the Company is as follows:


                                                                  55,11% = AcrossAsia Ltd                                     55,11% = AcrossAsia Ltd
                                                                  33,77% = PT Reksa Puspita Karya                             33,77% = PT Reksa Puspita Karya
                                                                  11,12% = Pemegang Saham dengan kepemilikan <5%              11,12% = Shareholders with the ownership < 5%




                                                                  Berdasarkan keputusan Rapat Umum Pemegang                 Pursuant to the resolutions of Extraordinary General
                                                                  Saham Luar Biasa Perseroan tanggal 19 April 2010          Meeting of Shareholders of the Company dated
                                                                  yang dimuat dalam Akta Risalah Rapat No. 21 tanggal       April 19, 2010 as stipulated in the Deed of Minutes of
                                                                  19 April 2010, yang dibuat oleh Lindasari Bachroem        Meeting No. 21 dated April 19, 2010, made by Lindasari
                                                                  S.H., Notaris di Jakarta, serta berdasarkan pernyataan    Bachroem S.H., Notary in Jakarta, and pursuant to the
                                                                  keputusan pemegang saham yang dimuat dalam
                                                                                                                            shareholder resolution statement stipulated in the
                                                                  Akta Pernyataan Keputusan Rapat No. 7 tanggal 20
                                                                                                                            Deed of Meeting Resolution Statement No. 7 dated
                                                                  Juli 2010 yang dibuat di hadapan Lindasari Bachroem
                                                                                                                            July 20, 2010, made before Lindasari Bachroem S.H.,
                                                                  S.H., Notaris di Jakarta, Perseroan telah memperoleh
                                                                                                                            Notary in Jakarta, the Company has obtained the
                                                                  persetujuan untuk melakukan Penawaran Umum
                                                                                                                            approval to conduct Rights Issue II for the purpose
                                                                  Terbatas II dalam rangka Penerbitan Hak Memesan
                                                                                                                            of Shares Issuance with Pre-emptive Rights (PUT
                                                                  Efek Terlebih Dahulu (PUT II) dan melakukan
                                                                  peningkatan modal ditempatkan dan disetor                 II) and to increase the subscribed and paid-up

                                                                  sehubungan dengan pengeluaran saham baru                  capital related to the issuance of new shares of

                                                                  sejumlah 912.421.400 saham dengan nilai nominal           912,421,400 shares with the aggregate nominal value
                                                                  seluruhnya sebesar Rp 456.210.700.000 sebagai hasil       of Rp 456,210,700,000 as a result of the exercise of
                                                                  pelaksanaan PUT II. Akta tersebut telah diterima          PUT II. The deed was accepted and recorded in the
Page 33
Tata Kelola Perusahaan               Aksi Keberlanjutan       Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                 Sustainability Action    Signature Sheet                   Audited Financial Statements




     dan dicatat dalam Database Sisminbakum pada             Legal Entity Administration System Database at the
     Kementerian Hukum dan Hak Asasi Manusia Republik        Ministry of Law and Human Rights of the Republic
     Indonesia berdasarkan penerimaan Laporan Akta           of Indonesia pursuant to the acceptance of Report
     Perubahan Anggaran Dasar Perseroan No. AHU-             of Deed of Amendment of Company’s Articles of
     AH.01.10-21071 tanggal 18 Agustus 2010, sehingga        Association No. AHU-AH.01.10-21071 dated August
     susunan permodalan dan pemegang saham
                                                             18, 2010. Therefore, the structure of the capital and
     Perseroan menjadi sebagai berikut:
                                                             shareholders of the Company is as follows:


                                                                                                                               33




                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                             Saham biasa atas nama
                                                                         Nilai Nominal Rp 500 per lembar

           Keterangan                                                       Registered Common Share
           Remark                                                         Nominal Value Rp 500 per share

                                                                 Jumlah Saham            Jumlah Nominal
                                                                 Number of Shares        Nominal Value          %


         Modal Dasar
                                                                   3.300.000.000         1.650.000.000.000
         Authorized Capital

         Jumlah modal ditempatkan dan disetor penuh                                                           100,00
                                                                   1.741.895.400           870.947.700.000
         Total issued and fully paid-up capital

         Pemegang saham dengan kepemilikan ≥ 5%
         Shareholders with the ownership ≥ 5%

            AcrossAsia Ltd                                           959.976.602           479.988.301.000     55,11

            PT Reksa Puspita Karya                                   588.167.378           294.083.689.000     33,77

         Pemegang saham dengan kepemilikan < 5%                      193.751.420            96.875.710.000     11,12
         Shareholders with the ownership < 5%
Page 34
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2025 Performance                                                             Company Profile                      Management Report            Management Discussion and Analysis




                                                                             2011

                                                                  Berdasarkan keputusan Rapat Umum Pemegang                     Pursuant to the resolutions of Extraordinary General
                                                                  Saham Luar Biasa Perseroan yang dimuat dalam Akta             Meeting of Shareholders of the Company as stipulated
                                                                  Pernyataan Keputusan Rapat No. 16 tanggal 3 Juni 2011,        in the Deed of Meeting Resolution Statement No.
                                                                  yang dibuat oleh Dr. Irawan Soerodjo S.H., M.Si., Notaris     16 dated June 3,2011,made by Dr.Irawan Soerodjo
                                                                  di Jakarta, yang telah memperoleh persetujuan                 S.H.,M.Si.,Notary in Jakarta, which has obtained
                                                                  dari Menteri Hukum dan Hak Asasi Manusia Republik             the approval from the Minister of Law and Human

34                                                                Indonesia berdasarkan keputusan No. AHU-36144.
                                                                  AH.01.02.Tahun 2011 tanggal 19 Juli 2011, Perseroan
                                                                                                                                Rights of the Republic of Indonesia as per decree
                                                                                                                                No.AHU-36144.AH.01.02.Year 2011 dated July 19,2011, the
                                                                  telah melakukan peningkatan modal dasar menjadi               Company has increased the authorized capital to Rp
                                                                  Rp 3.483.793.800.000 terbagi menjadi 6.967.587.600            3,483,793,800,000 comprising of 6,967,587,600 shares
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  saham dan meningkatkan Modal Ditempatkan dan                  and increased the Subscribed and Paid-Up Capital
                                                                  Disetor sehubungan dengan pelaksanaan Waran Seri              related to the exercise of Warrant Series II, therefore
                                                                  II, sehingga susunan permodalan dan pemegang                  the structure of the capital and shareholders of the
                                                                  saham Perseroan menjadi sebagai berikut:                      Company is as follows:


                                                                  55,11% = AcrossAsia Ltd                                       55,11% = AcrossAsia Ltd
                                                                  33,77% = PT Reksa Puspita Karya                               33,77% = PT Reksa Puspita Karya
                                                                  11,12% = Pemegang Saham dengan kepemilikan < 5%               11,12% = Shareholders with the ownership < 5%



                                                                  Pada tanggal 5 Oktober 2011, pemegang saham                 On October 5, 2011, the public shareholders of the
                                                                  Perseroan yang berasal dari masyarakat telah                Company exercised Warrant Series II and the funds
                                                                  melaksanakan Waran Seri II dan dana pelaksanaan             from such exercise have been fully received by
                                                                  Waran Seri II tersebut telah diterima penuh oleh            the Company. The exercise of Warrant Series II has
                                                                  Perseroan. Atas pelaksanaan Waran Seri II tersebut          increased the Company’s Subscribed and Paid-
                                                                  peningkatan Modal Ditempatkan dan Disetor Perseroan         Up Capital and it is validated by the resolutions of
                                                                  disahkan berdasarkan keputusan Rapat Umum                   Extraordinary General Meeting of Shareholders of
                                                                  Pemegang Saham Luar Biasa Perseroan tanggal 21              the Company dated October 21, 2011 as stipulated in
                                                                  Oktober 2011 yang dimuat dalam Akta Risalah Rapat No.       the Deed of Minutes of Meeting No.6 dated October
                                                                  6 tanggal 21 Oktober 2011, yang dibuat oleh Lindasari
                                                                                                                              21, 2011, made by Lindasari Bachroem S.H., Notary
                                                                  Bachroem S.H., Notaris di Jakarta, sehingga Modal
                                                                                                                              in Jakarta. Therefore, the Subscribed and Paid-Up
                                                                  Ditempatkan dan Disetor Perseroan menjadi sejumlah
                                                                                                                              Capital of the Company increased to 1,741,896,978
                                                                  1.741.896.978 saham dengan nilai nominal seluruhnya
                                                                                                                              shares with the aggregate nominal value of Rp
                                                                  sebesar Rp 870.948.489.000 dengan susunan
                                                                                                                              870,948,489,000 with the structure of the capital and
                                                                  permodalan dan pemegang saham Perseroan sebagai
                                                                                                                              shareholders of the Company is as follows:
                                                                  berikut:
Page 35
Tata Kelola Perusahaan             Aksi Keberlanjutan      Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance               Sustainability Action   Signature Sheet                   Audited Financial Statements




                                                                         Saham biasa atas nama
                                                                     Nilai Nominal Rp 500 per lembar

         Keterangan                                                    Registered Common Share
         Remark                                                      Nominal Value Rp 500 per share

                                                            Jumlah Saham            Jumlah Nominal
                                                            Number of Shares        Nominal Value           %

                                                                                                                            35
        Modal Dasar
                                                               6.967.587.600        3.483.793.800.000
        Authorized Capital

        Jumlah modal ditempatkan dan disetor penuh




                                                                                                                            PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                               1.741.896.978         870.948.489.000     100,00
        Total issued and fully paid-up capital

        Pemegang saham dengan kepemilikan ≥ 5%
        Shareholders with the ownership ≥ 5%

          AcrossAsia Ltd                                        959.976.602          479.988.301.000       55,11

          PT Reksa Puspita Karya                                588.167.378          294.083.689.000       33,77

        Pemegang saham dengan kepemilikan < 5%                  193.752.998           96.876.449.000       11,12
        Shareholders with the ownership < 5%
Page 36
Kinerja 2025                                                                  Profil Perusahaan                        Laporan Manajemen             Analisa dan Pembahasan Manajemen
2025 Performance                                                              Company Profile                          Management Report             Management Discussion and Analysis




                                                                          2013
                                                                  Pada tanggal 22 Agustus 2013, pemegang saham                       On August 22, 2013, the shareholders of the Company
                                                                  Perseroan telah melakukan konversi Waran Seri                      converted Warrant Series II into shares. The
                                                                  II menjadi saham. Konversi Waran Seri II tersebut                  Conversion of Warrant Series II has led to an increase
                                                                  menyebabkan peningkatan Modal Ditempatkan dan                      of Subscribed and Paid-Up Capital of the Company
                                                                  Disetor Perseroan sebagaimana termuat dalam Akta                   as stipulated in the Deed of Meeting Statement
                                                                  Pernyataan Keputusan Rapat No. 7 tanggal 22 Agustus                Resolution No. 7 dated August 22, 2013, made by Rini
                                                                  2013, yang dibuat oleh Rini Yulianti, S.H., Notaris di Jakarta,    Yulianti, S.H., Notary in Jakarta, therefore the Issued
                                                                  sehingga Modal Ditempatkan dan Disetor Perseroan                   and Paid-Up Capital of the Company becomes
                                                                  menjadi sejumlah 1.742.167.907 saham dengan nilai                  1,742,167,907 shares with the aggregate nominal value

36                                                                nominal seluruhnya sebesar Rp 871.083.953.500. Akta                of Rp 871,083,953,500. The Deed has been accepted
                                                                  tersebut telah diterima dan dicatat dalam Database                 and recorded in Legal Entity Administration System
                                                                  Sisminbakum pada Departemen Hukum dan Hak Asasi                    Database at the Ministry of Law and Human Rights of
                                                                  Manusia Republik Indonesia berdasarkan penerimaan                  the Republic Indonesia based on the acceptance of
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Laporan Akta Perubahan Anggaran Dasar Perseroan No.                Report of Deed of Amendment of Company’s Articles
                                                                  AHU-AH.01.10-35144 tanggal 26 Agustus 2013, sehingga               of Association No. AHU-AH.01.10-35144 dated August
                                                                  susunan permodalan dan pemegang saham Perseroan                    26, 2013. Therefore, the structure of the capital and
                                                                  sebagai berikut:                                                   shareholders of the Company is as follows:

                                                                                                                                     55,10% = AcrossAsia Ltd
                                                                  55,10% = AcrossAsia Ltd
                                                                                                                                     33,76% = PT Reksa Puspita Karya
                                                                  33,76% = PT Reksa Puspita Karya
                                                                                                                                     11,14% = Shareholders with the ownership <5%
                                                                  11,14% = Pemegang Saham dengan kepemilikan < 5%




                                                                                                                                                    Saham biasa atas nama
                                                                                                                                                Nilai Nominal Rp 500 per lembar
                                                                       Keterangan                                                                  Registered Common Share
                                                                       Remark                                                                   Nominal Value Rp 500 per share
                                                                                                                                      Jumlah Saham              Jumlah Nominal
                                                                                                                                      Number of Shares          Nominal Value

                                                                     Modal Dasar
                                                                                                                                           6.967.587.600        3.483.793.800.000
                                                                     Authorized Capital

                                                                     Jumlah modal ditempatkan dan disetor penuh
                                                                                                                                           1.742.167.907         871.083.953.500      100,00
                                                                     Total issued and fully paid-up capital

                                                                     Pemegang saham dengan kepemilikan ≥ 5%
                                                                     Shareholders with the ownership ≥ 5%

                                                                        AcrossAsia Ltd                                                      959.976.602          479.988.301.000        55,10

                                                                        PT Reksa Puspita Karya                                              588.167.378          294.083.689.000        33,76

                                                                     Pemegang saham dengan kepemilikan < 5%                                 194.023.927            97.011.963.500       11,14
                                                                     Shareholders with the ownership < 5%
Page 37
Tata Kelola Perusahaan                 Aksi Keberlanjutan        Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                   Sustainability Action     Signature Sheet                    Audited Financial Statements




                 2017
     Pada tahun 2017, Perseroan mengalami perubahan              In 2017, the Company experienced changes in
     kepemilikan saham di atas 5%. Perubahan tersebut            share ownership above 5%. The change occurred
     terjadi pada tanggal 21 Agustus 2017 oleh PT Inti Anugrah   on August 21, 2017 by PT Inti Anugrah Propertindo
     Propertindo telah memiliki saham sebanyak 150.616.940       owning 150,616,940 shares or representing 8.65%
     lembar saham atau mewakili 8,65% dari seluruh saham
                                                                 of the Company’s issued and paid-up shares. On
     Perseroan yang telah ditempatkan dan disetorkan. Pada
                                                                 November 13, 2017, PT Inti Anugrah Propertindo
     tanggal 13 November 2017, PT Inti Anugrah Propertindo
                                                                 changed its name to PT Inti Anugerah Pratama
     berganti nama menjadi PT Inti Anugerah Pratama dengan
                                                                 with a share ownership composition of 150,146,640
                                                                                                                                   37
     komposisi kepemilikan saham sebanyak 150.146.640 lembar
                                                                 shares or representing 8.62% of the Company’s
     saham atau mewakili 8,62% dari seluruh saham Perseroan
     yang telah ditempatkan dan disetorkan. Sehingga susunan     issued and paid-up shares. Therefore, the

     permodalan dan pemegang saham Perseroan sebagai             Company’s capital structure and shareholders are




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
     berikut::                                                   as follows:


     55,10% = AcrossAsia Ltd                                     55,10% = AcrossAsia Ltd
     33,76% = PT Reksa Puspita Karya                             33,76% = PT Reksa Puspita Karya
     8,62% = PT Inti Anugerah Pratama                            8,62% = PT Inti Anugerah Pratama
     2,52% = Pemegang Saham dengan kepemilikan < 5%              2,52% = Shareholders with the ownership <5%




                                                                               Saham biasa atas nama
                                                                           Nilai Nominal Rp 500 per lembar
           Keterangan                                                         Registered Common Share
                                                                           Nominal Value Rp 500 per share
           Remark
                                                                  Jumlah Saham             Jumlah Nominal
                                                                  Number of Shares         Nominal Value           %

         Modal Dasar
         Authorized Capital                                          6.967.587.600         3.483.793.800.000

         Jumlah modal ditempatkan dan disetor penuh
                                                                     1.742.167.907          871.083.953.500     100,00
         Total issued and fully paid-up capital

         Pemegang saham dengan kepemilikan ≥ 5%
         Shareholders with the ownership ≥ 5%

           AcrossAsia Ltd                                             959.976.602           479.988.301.000       55,10

           PT Reksa Puspita Karya                                     588.167.378           294.083.689.000       33,76

           PT Inti Anugerah Pratama                                   150.146.640            75.073.320.000        8,62

         Pemegang saham dengan kepemilikan < 5%                         43.877.287           21.938.643.500        2,52
         Shareholders with the ownership < 5%
Page 38
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2025 Performance                                                              Company Profile                     Management Report             Management Discussion and Analysis




                                                                          2018
                                                                  Pada tahun 2018, Perseroan mengalami perubahan                 In 2018, the Company experienced changes in share
                                                                  kepemilikan saham di atas 5% sehingga susunan                  ownership above 5% so that the composition of the
                                                                  pemegang saham Perseroan menjadi sebagai berikut:              Company’s shareholders is as follows:


                                                                  34,98% = PT Trijaya Putra Mulia                                34,98% = PT Trijaya Putra Mulia
                                                                  33,76% = PT Reksa Puspita Karya                                33,76% = PT Reksa Puspita Karya
                                                                  19,74% = PT Ciptadana Capital                                  19,74% = PT Ciptadana Capital
38                                                                8,60% = PT Inti Anugerah Pratama                               8,60% = PT Inti Anugerah Pratama
                                                                  2,92% = Pemegang Saham dengan kepemilikan < 5%                 2,92% = Shareholders with the ownership < 5%
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                               Saham biasa atas nama
                                                                                                                                           Nilai Nominal Rp 500 per lembar
                                                                       Keterangan                                                             Registered Common Share
                                                                                                                                           Nominal Value Rp 500 per share
                                                                       Remark
                                                                                                                                 Jumlah Saham              Jumlah Nominal
                                                                                                                                 Number of Shares          Nominal Value             %

                                                                     Modal Dasar
                                                                     Authorized Capital                                               6.967.587.600        3.483.793.800.000

                                                                     Jumlah modal ditempatkan dan disetor penuh
                                                                                                                                      1.742.167.907         871.083.953.500     100,00
                                                                     Total issued and fully paid-up capital

                                                                     Pemegang saham dengan kepemilikan ≥ 5%
                                                                     Shareholders with the ownership ≥ 5%

                                                                        PT Trijaya Putra Mulia                                         609.461.473          304.730.736.500      34,98

                                                                        PT Reksa Puspita Karya                                         588.167.378          294.083.689.000      33,76

                                                                        PT Ciptadana Capital                                           343.894.386          171.947.193.000      19,74

                                                                        PT Inti Anugerah Pratama                                       149.808.840           74.904.420.000          8,60

                                                                     Pemegang saham dengan kepemilikan < 5%
                                                                                                                                        50.835.830           25.417.915.000          2,93
                                                                     Shareholders with the ownership < 5%
Page 39
Tata Kelola Perusahaan                 Aksi Keberlanjutan      Lembar Tanda Tangan                    Laporan Keuangan Audit
Corporate Governance                   Sustainability Action   Signature Sheet                        Audited Financial Statements




            2020
     Pada tahun 2020, Perseroan mengalami perubahan            In 2020, the Company experienced changes in share
     kepemilikan saham di atas 5%. Dengan demikian,            ownership above 5%. Thus, the composition of the Company’s
     susunan pemegang saham Perseroan menjadi                  shareholders is as follows:
     sebagai berikut:


     43,58% = PT Trijaya Putra Mulia                           43,58% = PT Trijaya Putra Mulia
     33,76% = PT Reksa Puspita Karya                           33,76% = PT Reksa Puspita Karya
     19,72% = PT Ciptadana Capital                             19,72% = PT Ciptadana Capital                                         39
     2,93% = Pemegang Saham dengan kepemilikan < 5%            2,93% = Shareholders with the ownership <5%




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                               Saham biasa atas nama
                                                                           Nilai Nominal Rp 500 per lembar
           Keterangan                                                         Registered Common Share
                                                                           Nominal Value Rp 500 per share
           Remark
                                                                 Jumlah Saham                Jumlah Nominal
                                                                 Number of Shares            Nominal Value            %

         Modal Dasar
         Authorized Capital                                         6.967.587.600            3.483.793.800.000

         Jumlah modal ditempatkan dan disetor penuh
                                                                    1.742.167.907                871.083.953.500    100,00
         Total issued and fully paid-up capital

         Pemegang saham dengan kepemilikan ≥ 5%
         Shareholders with the ownership ≥ 5%

            PT Trijaya Putra Mulia                                    759.270.313                379.635.156.500     43,58

            PT Reksa Puspita Karya                                    588.167.378                294.083.689.000     33,76

            PT Ciptadana Capital                                      343.614.386                171.807.193.000     19,72

         Pemegang saham dengan kepemilikan < 5%                         51.115.830                25.557.915.000      2,93
         Shareholders with the ownership < 5%
Page 40
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2025 Performance                                                              Company Profile                    Management Report             Management Discussion and Analysis




                                                                          2022
                                                                  Pada tahun 2022, Perseroan mengalami perubahan                In 2022, the Company experienced a change in share
                                                                  kepemilikan saham di atas 5%. Dengan demikian, susunan        ownership above 5%. Therefore, the Company’s share
                                                                  pemegang saham Perseroan sebagai berikut:                     ownership is as follows:


                                                                  33,76% = PT Reksa Puspita Karya                               33,76% = PT Reksa Puspita Karya
                                                                  19,66% = PT Ciptadana Capital                                 19,66% = PT Ciptadana Capital
                                                                  9,20% = PT Trijaya Putra Mulia                                9,20% = PT Trijaya Putra Mulia
                                                                  37,38% = Pemegang Saham dengan kepemilikan <5%                37,38% = Shareholders with ownership <5%

40
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                              Saham biasa atas nama
                                                                                                                                          Nilai Nominal Rp 500 per lembar
                                                                     Keterangan                                                              Registered Common Share
                                                                                                                                          Nominal Value Rp 500 per share
                                                                     Remark
                                                                                                                                Jumlah Saham               Jumlah Nominal
                                                                                                                                Number of Shares           Nominal Value            %

                                                                     Modal Dasar
                                                                                                                                     6.967.587.600         3.483.793.800.000
                                                                     Authorized Capital

                                                                     Jumlah modal ditempatkan dan disetor penuh
                                                                                                                                     1.742.167.907          871.083.953.500    100,00
                                                                     Total issued and fully paid-up capital
                                                                     Pemegang saham dengan kepemilikan ≥ 5%
                                                                     Shareholders with the ownership ≥ 5%

                                                                        PT Reksa Puspita Karya                                        588.167.378           294.083.689.000     33,76

                                                                        PT Ciptadana Capital                                          342.564.386           171.282.193.000     19,66

                                                                        PT Trijaya Putra Mulia                                        160.276.213            80.138.106.500         9,20

                                                                     Pemegang saham dengan kepemilikan < 5%                                                 352. 579.965.000
                                                                                                                                      651.159.930                               37,38
                                                                     Shareholders with the ownership < 5%
Page 41
Tata Kelola Perusahaan                 Aksi Keberlanjutan      Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                   Sustainability Action   Signature Sheet                    Audited Financial Statements




                2023
     Pada tahun 2023, Perseroan mengalami perubahan            In 2023, the Company experienced a change in share
     kepemilikan saham di atas 5%. Dengan demikian susunan     ownership above 5%. Therefore, the Company’s capital
     permodalan dan pemegang saham Perseroan sebagai           and shareholding are as follows:
     berikut:


     33,76% = PT Reksa Puspita Karya                           33,76% = PT Reksa Puspita Karya
     19,66% = PT Ciptadana Capital                             19,66% = PT Ciptadana Capital
     9,20% = PT Trijaya Putra Mulia                            9,20% = PT Trijaya Putra Mulia

                                                                                                                                 41
     6,83% = PT Sanggraha Nusa Raya                            6,83% = PT Sanggraha Nusa Raya
     30,55% = Pemegang Saham dengan kepemilikan < 5%           30,55% = Shareholders with ownership <5%




                                                                                                                                 PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                            Saham biasa atas nama
                                                                        Nilai Nominal Rp 500 per lembar
        Keterangan                                                         Registered Common Share
                                                                        Nominal Value Rp 500 per share
        Remark
                                                                Jumlah Saham             Jumlah Nominal
                                                                Number of Shares         Nominal Value          %

        Modal Dasar
                                                                  6.967.587.600          3.483.793.800.000
        Authorized Capital

        Jumlah modal ditempatkan dan disetor penuh
                                                                  1.742.167.907           871.083.953.500     100,00
        Total issued and fully paid-up capital
        Pemegang saham dengan kepemilikan ≥ 5%
        Shareholders with the ownership ≥ 5%

           PT Reksa Puspita Karya                                   588.167.378           294.083.689.000      33,76

           PT Ciptadana Capital                                     342.564.386           171.282.193.000      19,66

           PT Trijaya Putra Mulia                                   160.276.213             80.138.106.500       9,20

           PT Sanggraha Nusa Raya                                   118.925.000             59.462.500.000       6,83

        Pemegang saham dengan kepemilikan < 5%                      532.234.930           266.117.465.000      30,55
        Shareholders with the ownership < 5%
Page 42
Kinerja 2025                                                                Profil Perusahaan               Laporan Manajemen                Analisa dan Pembahasan Manajemen
2025 Performance                                                            Company Profile                    Management Report             Management Discussion and Analysis




                                                                         2024
                                                                  Pada tahun 2024, Perseroan mengalami perubahan              In 2024, the Company experienced a change in share
                                                                  kepemilikan saham menjadi sebagai berikut:                  ownership as follows:


                                                                  33,76% = PT Reksa Puspita Karya                             33,76% = PT Reksa Puspita Karya
                                                                  19,68% = PT Ciptadana Capital                               19,68% = PT Ciptadana Capital
                                                                  9,20% = PT Trijaya Putra Mulia                              9,20% = PT Trijaya Putra Mulia
                                                                  6,83% = PT Sanggraha Nusa Raya                              6,83% = PT Sanggraha Nusa Raya
                                                                  30,53% = Pemegang Saham dengan kepemilikan < 5%             30,53% = Shareholders with ownership <5%

42
                                                                                                                                            Saham biasa atas nama
                                                                                                                                        Nilai Nominal Rp 500 per lembar
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                     Keterangan                                                            Registered Common Share
                                                                                                                                        Nominal Value Rp 500 per share
                                                                     Remark
                                                                                                                              Jumlah Saham              Jumlah Nominal
                                                                                                                              Number of Shares          Nominal Value             %

                                                                     Modal Dasar
                                                                                                                                   6.967.587.600        3.483.793.800.000
                                                                     Authorized Capital

                                                                     Jumlah modal ditempatkan dan disetor penuh
                                                                                                                                   1.742.167.907         871.083.953.500     100,00
                                                                     Total issued and fully paid-up capital

                                                                     Pemegang saham dengan kepemilikan ≥ 5%
                                                                     Shareholders with the ownership ≥ 5%

                                                                       PT Reksa Puspita Karya                                       588.167.378          294.083.689.000      33,76

                                                                       PT Ciptadana Capital                                         342.771.729          171.385.864.500      19,68

                                                                       PT Trijaya Putra Mulia                                       160.276.213            80.138.106.500         9,20

                                                                       PT Sanggraha Nusa Raya                                       118.925.000            59.462.500.000         6,83

                                                                     Pemegang saham dengan kepemilikan < 5%                         532.027.587          266.013.793.500      30,53
                                                                     Shareholders with the ownership < 5%
Page 43
Tata Kelola Perusahaan               Aksi Keberlanjutan       Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                 Sustainability Action    Signature Sheet                     Audited Financial Statements




                 2025
       Pada tahun 2025, Perseroan mengalami perubahan           In 2025, the Company experienced a change in share
       kepemilikan saham menjadi sebagai berikut:               ownership as follows:


       33,76% = PT Reksa Puspita Karya                          33.76% = PT Reksa Puspita Karya
       9,20% = PT Trijaya Putra Mulia                           9.20% = PT Trijaya Putra Mulia
       57,04% = Pemegang Saham dengan kepemilikan < 5%          57.04% = Shareholders with ownership <5%`




                                                                                                                                 43
                                                                              Saham biasa atas nama
                                                                          Nilai Nominal Rp 500 per lembar




                                                                                                                                 PT First Media Tbk | Annual Report & Sustainability Report 2025
          Keterangan                                                         Registered Common Share
                                                                          Nominal Value Rp 500 per share
          Remark
                                                                 Jumlah Saham             Jumlah Nominal
                                                                 Number of Shares         Nominal Value            %

          Modal Dasar
                                                                    6.967.587.600         3.483.793.800.000
          Authorized Capital

          Jumlah modal ditempatkan dan disetor penuh
                                                                    1.742.167.907           871.083.953.500      100,00
          Total issued and fully paid capital

          Pemegang saham dengan kepemilikan ≥ 5%
          Shareholders with the ownership ≥ 5%

            PT Reksa Puspita Karya                                    588.167.378           294.083.689.000       33,76

            PT Trijaya Putra Mulia                                    160.276.213            80.138.106.500         9,20

          Pemegang saham dengan kepemilikan < 5%
                                                                      993.724.316           496.862.158.000      57,04%
          Shareholders with the ownership < 5%




       Kepemilikan Saham oleh Dewan Komisaris dan                Share Ownership by Board of Commissioners and
       Direksi                                                   Board of Directors
       Per 31 Desember 2025, tidak ada anggota Dewan             As of December 31, 2025, no member of the Board
       Komisaris maupun Direksi yang memiliki saham              of Commissioners or the Board of Directors owned
       Perseroan.                                                shares in the Company.


       Informasi Obligasi dan Sukuk                              Bonds and Sukuk Information
       Perseroan tidak memiliki obligasi / sukuk / obligasi      The Company has no bonds / sukuk / convertible
       konversi yang masih beredar dalam 2 (dua) tahun           bonds outstanding in the last 2 (two) fiscal years.
       buku terakhir.
Page 44
 Kinerja 2025                                                           Profil Perusahaan   Laporan Manajemen    Analisa dan Pembahasan Manajemen
 2025 Performance                                                       Company Profile     Management Report    Management Discussion and Analysis




                                                                   Struktur Perusahaan
                                                                   Company Structure




                                                                                                                PT BINTANG MERAH
                                                                                                                  PERKASA ABADI




44
 44                                                                                                               PT PRIMA WIRA
                                                                                                                      UTAMA
                                                            2026
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                       PT FIRST MEDIA                            PT DAYA SARANA
                                                                             Tbk                                     MANTAP



                                                                                                                PT GRAHA INVESTAMA
                                                                                                                 ANDALAN TERPADU




                                                                                                                PT MITRA MANDIRI
                                                                                                                    MANTAP
Page 45
Tata Kelola Perusahaan            Aksi Keberlanjutan               Lembar Tanda Tangan                  Laporan Keuangan Audit
Corporate Governance              Sustainability Action            Signature Sheet                      Audited Financial Statements




     Daftar Informasi Anak Perusahaan
     List of Subsidiary Information


          Nama Perusahaan                Pendirian & Bidang Usaha                          Keterangan lain
          Company Name                   Establishment & Line of Business                  Other Remarks


          PT Bintang Merah               BMPA didirikan pada tahun 2011, dan         Alamat | Address:
          Perkasa Abadi                  menjalankan kegiatan usahanya               Lippo Kuningan Lt.17, Jl. H.R. Rasuna
          [BMPA]                         saat ini di bidang perdagangan              Said Kav. B12, Kel. Karet Kuningan
                                         besar peralatan telekomunikasi.             Kec. Setiabudi Jakarta Selatan
                                                                                     12920
                                         BMPA was established in 2011,
                                                                                     Total Aset | Total Asset:
                                         and its business activities
                                         are in wholesale trade in                   56.147 Juta / Million
                                                                                                                                       45
                                         telecommunications equipment.               Kepemilikan | Ownership:
                                                                                     FM : 99,93%
                                                                                     MVC : 0,07%




                                                                                                                                                                                                  2024
                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                                     Status | Status:
                                                                                     Tidak Beroperasi | Not Operational




          PT Prima Wira Utama            PWU didirikan pada tahun 2011,              Alamat | Address:
          [PWU]                          menjalankan kegiatan usaha                  Lippo Kuningan Lt.17, Jl. H.R.
                                         dalam bidang jasa multimedia                Rasuna Said Kav. B12, Kel. Karet
                                         lainnya.                                    Kuningan Kec. Setiabudi Jakarta
                                                                                     Selatan 12920
                                         PWU was founded in 2011, it carries
                                                                                     Total Aset | Total Asset:
                                         out business activities in the field of
                                         other multimedia services.                  102.539 Juta / Million
                                                                                     Kepemilikan | Ownership:
                                                                                     BMPA : 99,99%
                                                                                     MVC : 0,01%

                                                                                     Status | Status:
                                                                                     Beroperasi | Operational




          PT Daya Sarana Mantap          DSM didirikan pada tahun 2015, dan          Alamat | Address:
          [DSM]                          menjalankan kegiatan usahanya               Lippo Kuningan Lt.17, Jl. H.R. Rasuna
                                         saat ini di bidang aktivitas                Said Kav. B12, Kel. Karet Kuningan
                                         pengolahan data.                            Kec. Setiabudi Jakarta Selatan
                                                                                     12920
                                         DSM was established in 2015, and
                                                                                     Total Aset | Total Asset:
                                         currently operates in the field of
                                         data processing.                            73.652 Juta / Million
                                                                                     Kepemilikan | Ownership:
                                                                                     FM : 99,99%
                                                                                     BMPA : 0,01%

                                                                                     Status | Status:
                                                                                     Tidak Beroperasi | Not Operational
Page 46
Kinerja 2025                                                           Profil Perusahaan            Laporan Manajemen             Analisa dan Pembahasan Manajemen
2025 Performance                                                       Company Profile              Management Report             Management Discussion and Analysis




                                                                  Nama Perusahaan           Pendirian & Bidang Usaha                      Keterangan lain
                                                                  Company Name              Establishment & Line of Business              Other Remarks


                                                                  PT Graha Investama        GIAT didirikan pada tahun 2011, dan       Alamat | Address:
                                                                  Andalan Terpadu           menjalankan aktivitas perusahaan          Lippo Kuningan Lt.17, Jl. H.R. Rasuna
                                                                  [GIAT]                    holding.                                  Said Kav. B12, Kel. Karet Kuningan
                                                                                                                                      Kec. Setiabudi Jakarta Selatan
                                                                                            GIAT was established in 2011, and         12920
                                                                                            operates as a holding company.            Total Aset | Total Asset:

                                                                                                                                      19.398 Juta / Million
46                                                                                                                                    Kepemilikan | Ownership:

                                                                                                                                      DSM : 99,88%
                                                                                                                                      MVC : 0,12%
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                      Status | Status:

                                                                                                                                      Tidak Beroperasi | Not Operational




                                                                  PT Mitra Mandiri Mantap   MMM didirikan pada tahun 2010,            Alamat | Address:
                                                                  [MMM]                     dan menjalankan kegiatan
                                                                                                                                      Lippo Kuningan Lt.17, Jl. H.R. Rasuna
                                                                                            usahanya saat ini di bidang
                                                                                                                                      Said Kav. B12, Kel. Karet Kuningan
                                                                                            aktivitas konsultasi manajemen
                                                                                                                                      Kec. Setiabudi Jakarta Selatan
                                                                                            lainnya.
                                                                                                                                      12920

                                                                                                                                      Total Aset | Total Asset:
                                                                                            MMM was established in 2010,
                                                                                            and currently operates in the field       22.233 Juta / Million
                                                                                            of management consulting and
                                                                                                                                      Kepemilikan | Ownership:
                                                                                            related services.
                                                                                                                                      FM : 99,91%

                                                                                                                                      Status | Status:

                                                                                                                                      Tidak Beroperasi | Not Operational
Page 47
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      47




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 48
Kinerja 2025                                                           Profil Perusahaan   Laporan Manajemen   Analisa dan Pembahasan Manajemen
2025 Performance                                                       Company Profile     Management Report   Management Discussion and Analysis




                                                                  Struktur Organisasi
                                                                  Organization Structure




48
PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 49
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      49




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 50
Kinerja 2025                                                                   Profil Perusahaan                   Laporan Manajemen              Analisa dan Pembahasan Manajemen
2025 Performance                                                               Company Profile                     Management Report              Management Discussion and Analysis




                                                                  Profil Dewan Komisaris
                                                                  Board of Commissioners Profile



                                                                                                        Ganesh Chander Grover

                                                                                                        Presiden Komisaris (Independen)
                                                                                                        President Commissioner (Independent)



                                                                  Kewarganegaraan dan Domisili                                    Citizenship and Domicile
                                                                  Warga Negara Indonesia, berusia 87 tahun, berdomisili           Indonesian citizen, 87 years old, domiciled in

50                                                                di Indonesia.                                                   Indonesia.

                                                                  Jabatan                                                         Position
                                                                  Beliau diangkat sebagai Presiden Komisaris                      He was appointed as a President Commissioner
                                                                  (Independen) atas keputusan Rapat Umum                          (Independent) by resolution of the Annual General
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Pemegang Saham Tahunan untuk tahun buku 2024.                   Meeting of Shareholders for the fiscal year 2024. His
                                                                  Penunjukannya tertuang dalam Akta Pernyataan                    appointment is stated in the Deed of Resolution of the
                                                                  Keputusan Rapat Umum Pemegang Saham Tahunan                     Annual General Meeting of Shareholders No. 03, dated
                                                                  No. 03, tanggal 5 Juni 2025, yang dibuat di hadapan             June 5, 2025, made before Notary Andalia Farida, S.H.,
                                                                  Notaris Andalia Farida, S.H., M.H., Notaris di Jakarta.         M.H., Notary in Jakarta.

                                                                  Pendidikan                                                      Education
                                                                  Beliau adalah seorang Chartered Accountant                      He is a qualified Chartered Accountant from The
                                                                  yang berkualifikasi dari The Institute of Chartered             Institute of Chartered Accountants of India, New
                                                                  Accountants of India, New Delhi, India.                         Delhi, India.

                                                                  Perjalanan Karir
                                                                                                                                  Career Experience
                                                                  Beliau memulai karirnya sebagai Finance Manager                 He started his career as Finance Manager and
                                                                  and Corporate Secretary di Bist Industrial Corporation,         Corporate Secretary at Bist Industrial Corporation,
                                                                  perusahaan gula di New Delhi, India (1964 – 1966),              a sugar company in New Delhi, India (1964 – 1966),
                                                                  selanjutnya bekerja di USAID, Kedutaan Besar Amerika            then worked at USAID, American Embassy in New
                                                                  di New Delhi, India dan Jakarta, Indonesia (1966 –              Delhi, India and Jakarta, Indonesia (1966 – 1975).
                                                                  1975). Tahun 1975 hingga 1990 diangkat sebagai Vice             From 1975 to 1990 he was appointed as Vice
                                                                  President and Treasurer Grup Usaha Trisakti (cabang             President and Treasurer of Trisakti Business Group
                                                                  bisnis dari Universitas Trisakti). Pada tahun 1990              (a business branch of Trisakti University). In 1990
                                                                                                                                  he joined PT Lippo Cikarang Tbk as Director until
                                                                  bergabung dengan PT Lippo Cikarang Tbk sebagai
                                                                                                                                  1999 and was then appointed as Commissioner,
                                                                  Direktur sampai dengan 1999 kemudian diangkat
                                                                                                                                  a position he held until 2016. He has also served
                                                                  sebagai Komisaris yang posisinya dipegang hingga
                                                                                                                                  as Director and Independent Commissioner of PT
                                                                  2016. Beliau juga pernah menjabat sebagai Direktur dan
                                                                                                                                  Matahari Putra Prima Tbk (2002 – 2013), President
                                                                  Komisaris Independen di PT Matahari Putra Prima Tbk             Commissioner of PT Lippo General Insurance Tbk
                                                                  (2002 – 2013), Presiden Komisaris di PT Lippo General           (2007 – 2013) and Independent Commissioner of PT
                                                                  Insurance Tbk (2007 – 2013) dan Komisaris Independen            Multi Prima Sejahtera Tbk (2018 – 2020). In addition,
                                                                  di PT Multi Prima Sejahtera Tbk (2018 – 2020). Selain           he was also a member of the Audit Committee of
                                                                  itu, beliau juga pernah menjadi anggota Komite Audit            PT Matahari Putra Prima Tbk (2017 – 2020) and PT
                                                                  di PT Matahari Putra Prima Tbk (2017 – 2020) dan PT             Multipolar Technology Tbk (2019 – 2020). Currently,
                                                                  Multipolar Technology Tbk (2019 – 2020). Saat ini beliau        he also serves as an Independent Commissioner at
                                                                  juga menjabat sebagai Komisaris Independen di PT                PT Lenox Pasifik Investama Tbk and PT Star Pacific
                                                                                                                                  Tbk.
                                                                  Lenox Pasifik Investama Tbk dan PT Star Pacific Tbk.

                                                                  Beliau tidak memiliki hubungan afiliasi dengan                  He has no affiliation with the major shareholders,
                                                                  pemegang saham utama, anggota Direksi, anggota                  members of the Board of Directors, members of the
                                                                                                                                  Audit Committee, or other members of the Board of
                                                                  Komite Audit, atau anggota Dewan Komisaris lainnya di
                                                                                                                                  Commissioners of the Company.
                                                                  Perseroan.
Page 51
Tata Kelola Perusahaan                Aksi Keberlanjutan             Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                  Sustainability Action          Signature Sheet                  Audited Financial Statements




                                          Widjaya Hambali

                                          Komisaris Independen
                                          Independent Commissioner




        Kewarganegaraan dan Domisili                             Citizenship and Domicile
        Warga Negara Indonesia, berusia 53 tahun,
        berdomisili di Indonesia.
                                                                 Indonesian citizen, 53 years old, domiciled in
                                                                 Indonesia.
                                                                                                                                     51
        Jabatan                                                  Position
        Beliau diangkat sebagai Komisaris                        He was appointed as an Independent




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
        Independen atas keputusan Rapat Umum                     Commissioner by resolution of the Annual
        Pemegang Saham Tahunan untuk tahun                       General Meeting of Shareholders for the fiscal
        buku 2020. Penunjukannya tertuang dalam                  year 2020. His appointment is stated in the Deed
        Akta Pernyataan Keputusan Rapat Umum                     of Resolution of the Annual General Meeting of
        Pemegang Saham Tahunan No. 13, tanggal                   Shareholders No. 13, dated June 25, 2021, made
        25 Juni 2021, yang dibuat di hadapan Notaris             before Notary Andalia Farida, S.H, Notary in
        Andalia Farida, S.H, Notaris di Jakarta.                 Jakarta.

        Pendidikan                                               Education
        Bapak Widjaya Hambali meraih gelar Sarjana               Mr. Widjaya Hambali holds a Bachelor of
        Ekonomi dalam bidang Akuntansi dari Universitas          Economics degree in Accounting from
        Tarumanegara dan gelar Master of Science                 Tarumanegara University and a Master of
        dalam bidang Akuntansi dan Sistem Informasi              Science degree in Accounting and Information
        dari Universitas Indonesia.                              Systems from the University of Indonesia.

        Perjalanan Karir                                         Career Experience
        Beliau memiliki pengalaman profesional yang luas         He possesses extensive professional
        di bidang akuntansi, keuangan, sistem informasi,         experience in accounting, finance, information
        serta transformasi bisnis. Sepanjang kariernya,          systems, and business transformation.

        beliau telah menduduki berbagai posisi strategis         Throughout his career, he has held various
                                                                 strategic positions in leading national
        di sejumlah perusahaan nasional, meliputi fungsi
                                                                 companies, covering functions such as
        pengawasan keuangan, implementasi sistem
                                                                 financial oversight, ERP implementation,
        ERP, pengendalian bisnis, serta kepemimpinan di
                                                                 business control, and information technology
        bidang teknologi informasi. Selain itu, beliau juga
                                                                 leadership. He has also played a significant
        berperan aktif dalam mendorong transformasi              role in driving digital transformation and
        digital dan pengembangan bisnis, sehingga                business development initiatives, thereby
        memberikan kontribusi signifikan terhadap                contributing to the enhancement of corporate
        peningkatan tata kelola dan pengawasan                   governance and oversight within the
        perusahaan.                                              organizations he has served.

        Beliau tidak memiliki hubungan afiliasi dengan           He has no affiliation with the major shareholders,
        pemegang saham utama, anggota Direksi,                   members of the Board of Directors, members of
        anggota Komite Audit, atau anggota Dewan                 the Audit Committee, or other members of the
                                                                 Board of Commissioners of the Company.
        Komisaris lainnya di Perseroan.
Page 52
Kinerja 2025                                                                Profil Perusahaan                           Laporan Manajemen            Analisa dan Pembahasan Manajemen
2025 Performance                                                             Company Profile                            Management Report            Management Discussion and Analysis




                                                                  Profil Direksi
                                                                  Board of Directors Profile




                                                                                                   Harianda Noerlan

                                                                                                   Presiden Direktur
                                                                                                   President Director




                                                                   Kewarganegaraan dan Domisili                                      Citizenship and Domicile
52                                                                 Warga Negara Indonesia, berusia 63 tahun,                         Indonesian citizen, 63 years old, domiciled in
                                                                   berdomisili di Indonesia.                                         Indonesia.

                                                                   Jabatan                                                           Position
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Beliau diangkat sebagai Presiden Direktur atas                    He was appointed as President Director by
                                                                   keputusan Rapat Umum Pemegang Saham                               resolution of the Annual General Meeting
                                                                   Tahunan untuk tahun buku 2016. Penunjukannya                      of Shareholders for the fiscal year 2016. His
                                                                   tertuang dalam Akta Pernyataan Keputusan Rapat                    appointment is stated in the Deed of Resolution of
                                                                   Umum Pemegang Saham Tahunan No.12, tanggal                        the Annual General Meeting of Shareholders No.12,
                                                                   21 April 2017, yang dibuat di hadapan Notaris                     dated April 21, 2017, made before Notary Andalia
                                                                   Andalia Farida, S.H, Notaris di Jakarta.                          Farida, S.H, Notary in Jakarta.


                                                                   Pendidikan                                                        Education
                                                                   Beliau menyelesaikan pendidikan Strata 1 dari                     He completed his undergraduate education from
                                                                   Fakultas Teknik jurusan Teknik Mesin, Universitas                 the Faculty of Engineering majoring in Mechanical
                                                                   Trisakti, Jakarta, Indonesia.                                     Engineering, Trisakti University, Jakarta, Indonesia.

                                                                   Perjalanan Karir                                                  Career Journey
                                                                   Beliau memulai karir profesionalnya di dunia                      He started his professional career in banking in
                                                                   perbankan pada tahun 1990 dengan bekerja di PT                    1990 by working at PT Bank Niaga Tbk. His last
                                                                   Bank Niaga Tbk. Jabatan terakhir di bank tersebut                 position at the bank was Head of International
                                                                   sebagai Head of International Banking Division–
                                                                                                                                     Banking Division-Capital Market Group in
                                                                   Capital Market Group di tahun 2000. Kemudian beliau
                                                                                                                                     2000. He then worked at the Indonesian Bank
                                                                   bekerja di Badan Penyehatan Perbankan Nasional
                                                                   (Indonesian Bank Restructuring Agency - IBRA)                     Restructuring Agency (IBRA) with his last position

                                                                   dengan jabatan terakhir sebagai Vice President,                   as Vice President, Group Head of the Bank
                                                                   Group Head pada Bank Restructuring Unit di tahun                  Restructuring Unit in 2002. He then joined PT
                                                                   2002. Selanjutnya beliau bergabung dengan PT Bank                 Bank Lippo Tbk where he held several positions,
                                                                   Lippo Tbk dengan menjabat beberapa posisi, yaitu
                                                                                                                                     namely Managing Director Compliance, Director
                                                                   Managing Director Compliance (Direktur Kepatuhan),
                                                                                                                                     Distribution Financial Services, and Senior Vice
                                                                   Director Distribution Financial Services, dan Senior
                                                                                                                                     President, Channels & Alliances Group Head
                                                                   Vice President, Channels & Alliances Group Head
                                                                   (2002-2006).                                                      (2002-2006).


                                                                   Beliau tidak memiliki afiliasi dengan pemegang                    He has no affiliation with major shareholders,
                                                                   saham utama, anggota Dewan Komisaris, anggota                     members of the Board of Commissioners, Audit
                                                                   Komite Audit, atau anggota Direksi lainnya di                     Committee, or other members of the Board of
                                                                   Perseroan.                                                        Directors at the Company.
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Tata Kelola Perusahaan                Aksi Keberlanjutan       Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                  Sustainability Action    Signature Sheet                     Audited Financial Statements




                                    Johannes Tong

                                    Direktur
                                    Director




       Kewarganegaraan dan Domisili                           Citizenship and Domicile
       Warga Negara Indonesia, 58 tahun, berdomisili di       Indonesian citizen, 58 years old, domiciled in                      53
       Indonesia.                                             Indonesia.

       Jabatan                                                Position




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
       Beliau diangkat sebagai Direktur atas keputusan        He was appointed as Director by resolution of the
       Rapat Umum Pemegang Saham Tahunan                      Annual General Meeting of Shareholders for the
       untuk tahun buku 2012. Penunjukannya tertuang          financial year 2012. His appointment is stated in the
       dalam Akta Pernyataan Keputusan Rapat Umum             Deed of Resolution of the Annual General Meeting
       Pemegang Saham Tahunan No. 60, tanggal 25              of Shareholders No. 60, dated April 25, 2013, made
       April 2013, yang dibuat di hadapan Notaris Unita C.    before Notary Unita C. Winata, S.H, Notary in South
       Winata, S.H, Notaris di Jakarta Selatan.               Jakarta.


       Pendidikan                                             Education
       Beliau menyelesaikan pendidikan Strata 1 di bidang     He completed his undergraduate education in
       fisika, matematika, dan administrasi bisnis dari       physics, mathematics, and business administration
       Azusa Pacific University dan pendidikan Strata         from Azusa Pacific University and his graduate
       2 dengan meraih gelar Magister in Business             education with a Master in Business Administration
       Administration di California State University, Los     from California State University, Los Angeles.
       Angeles.
                                                              Career Journey
       Perjalanan Karir
                                                              In addition to serving as Director of the Company,
       Selain menjabat sebagai Direktur Perseroan, beliau
                                                              he also holds a position as Director of the Art
       juga memegang jabatan sebagai Direktur di
                                                              Department, Pelita Harapan University. His
       Art Department, Universitas Pelita Harapan. Karir
                                                              professional career includes Loan Officer of Bank of
       profesional beliau antara lain adalah Loan Officer
                                                              America, Area Manager of TIMS, General Manager
       Bank of America, Area Manager TIMS, General
                                                              of PT Sopanusa Paper Mill & Converting, General
       Manager PT Sopanusa Paper Mill & Converting,
                                                              Manager of PT Tjakrindo Mas Steel Industry, General
       General Manager PT Tjakrindo Mas Steel Industry,
                                                              Manager of PT Plasma Plastic Industry, General
       General Manager PT Plasma Plastic Industry, General
                                                              Manager of PT Indonesia Performing Arts, and
       Manager PT Indonesia Performing Arts, dan General
                                                              General Manager of PT Melodia.
       Manager PT Melodia.
                                                              He has no affiliation with major shareholders,
       Beliau tidak memiliki afiliasi dengan pemegang
                                                              members of the Board of Commissioners, Audit
       saham utama, anggota Dewan Komisaris, anggota
                                                              Committee, or other members of the Board of
       Komite Audit, atau anggota Direksi lainnya di
                                                              Directors at the Company.
       Perseroan.
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Kinerja 2025                                                              Profil Perusahaan                 Laporan Manajemen             Analisa dan Pembahasan Manajemen
2025 Performance                                                          Company Profile                    Management Report            Management Discussion and Analysis




                                                                                              Rusbianto Wijaya

                                                                                              Direktur
                                                                                              Director




54
                                                                  Kewarganegaraan dan Domisili                            Citizenship and Domicile
                                                                  Warga Negara Indonesia, 47 tahun, berdomisili di        Indonesian citizen, 47 years old, domiciled in
                                                                  Indonesia.
                                                                                                                          Indonesia.

                                                                  Jabatan                                                 Position
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Beliau diangkat sebagai Direktur atas keputusan         He was appointed as Director by resolution of the
                                                                  Rapat Umum Pemegang Saham Tahunan
                                                                                                                          Annual General Meeting of Shareholders for the
                                                                  untuk tahun buku 2021. Penunjukannya tertuang
                                                                                                                          financial year 2021. His appointment is stated in the
                                                                  dalam Akta Pernyataan Keputusan Rapat Umum
                                                                  Pemegang Saham Tahunan No. 6, tanggal 6 Juni            Deed of Resolution of the Annual General Meeting
                                                                  2022, yang dibuat di hadapan Notaris Andalia            of Shareholders No. 6, dated June 6, 2022, made
                                                                  Farida, S.H, Notaris di Jakarta.                        before Notary Andalia Farida, S.H, Notary in Jakarta.


                                                                  Pendidikan                                              Education
                                                                  Memperoleh gelar Sarjana Hukum dari
                                                                                                                          He obtained a Bachelor of Law degree from
                                                                  Universitas Tarumanagara pada tahun 2001,
                                                                                                                          Tarumanagara University in 2001, then obtained
                                                                  lalu memperoleh gelar Magister Ilmu Hukum
                                                                  dari Program Pascasarjana Universitas                   a Master of Law degree from the Tarumanagara
                                                                  Tarumanagara pada tahun 2006. Selanjutnya,              University Postgraduate Program in 2006.
                                                                  beliau memperoleh gelar Magister Ilmu                   Furthermore, he obtained a Master’s degree in
                                                                  Komputer dari Universitas Pradita pada tahun            Computer Science from Pradita University in 2021.
                                                                  2021.

                                                                  Perjalanan Karir                                        Career Journey
                                                                  Memulai karir sebagai staf legal di PT                  He started his career as a legal staff at PT
                                                                  Indomarco Prismatama sejak tahun 2001                   Indomarco Prismatama from 2001 to 2007, then
                                                                  sampai dengan 2007, kemudian bergabung di
                                                                                                                          joined Sinarmas Energy & Mining as Operation
                                                                  Sinarmas Energy & Mining sebagai Operation
                                                                  Legal Assistant Manager sampai dengan tahun             Legal Assistant Manager until 2009. In 2009, he
                                                                  2009. Pada tahun 2009, beliau bergabung di              joined PT First Media Tbk as Operation Legal
                                                                  PT First Media Tbk sebagai Operation Legal              Department Head. Furthermore, he joined PT Link
                                                                  Department Head. Selanjutnya bergabung di
                                                                                                                          Net Tbk in 2016 and served as Head of Legal and
                                                                  PT Link Net Tbk pada tahun 2016 dan menjabat
                                                                  sebagai Head of Legal and Corporate                     Corporate Secretary Support until 2021.
                                                                  Secretary Support sampai dengan tahun 2021.
                                                                                                                          He has no affiliation with major shareholders,
                                                                  Beliau tidak memiliki afiliasi dengan
                                                                  pemegang saham utama, anggota Dewan                     members of the Board of Commissioners, Audit
                                                                  Komisaris, anggota Komite Audit, atau anggota           Committee, or other members of the Board of
                                                                  Direksi lainnya di Perseroan.
                                                                                                                          Directors at the Company.
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Tata Kelola Perusahaan                Aksi Keberlanjutan            Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                   Sustainability Action        Signature Sheet                     Audited Financial Statements




     Profil Komite Audit
     Audit Committee Profile




                                     Widjaya Hambali

                                     Ketua Komite Audit
                                     Chairman of Audit Committee




     Kewarganegaraan dan Domisili                              Citizenship and Domicile
     Warga Negara Indonesia, berusia 53 tahun,                 Indonesian citizen, 53 years old, domiciled in
                                                                                                                                       55
     berdomisili di Indonesia.                                 Indonesia.


     Jabatan                                                   Position




                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
     Beliau diangkat kembali sebagai Ketua Komite              He was reappointed as Chairman of the
     Audit Perseroan berdasarkan Surat Keputusan               Company’s Audit Committee based on the
     Dewan Komisaris No. SK-002/FM/VI/23 tanggal 6             Decree of the Board of Commissioners No. SK-
     Juni 2023.                                                002/FM/VI/23 dated June 6, 2023.


     Pendidikan                                                Education
     Bapak Widjaya Hambali meraih gelar Sarjana                Mr. Widjaya Hambali holds a Bachelor of
     Ekonomi dalam bidang Akuntansi dari Universitas           Economics degree in Accounting from
     Tarumanegara dan gelar Master of Science                  Tarumanegara University and a Master of
     dalam bidang Akuntansi dan Sistem Informasi               Science degree in Accounting and Information
     dari Universitas Indonesia.                               Systems from the University of Indonesia.


     Perjalanan Karir                                          Career Experience
     Beliau memiliki pengalaman profesional yang luas          He possesses extensive professional experience
     di bidang akuntansi, keuangan, sistem informasi,          in accounting, finance, information systems,
     serta transformasi bisnis. Sepanjang kariernya,           and business transformation. Throughout his
     beliau telah menduduki berbagai posisi strategis          career, he has held various strategic positions in
     di sejumlah perusahaan nasional, meliputi fungsi          leading national companies, covering functions
     pengawasan keuangan, implementasi sistem                  such as financial oversight, ERP implementation,
     ERP, pengendalian bisnis, serta kepemimpinan di           business control, and information technology
     bidang teknologi informasi. Selain itu, beliau juga       leadership. He has also played a significant role
     berperan aktif dalam mendorong transformasi               in driving digital transformation and business
     digital dan pengembangan bisnis, sehingga                 development initiatives, thereby contributing to
     memberikan kontribusi signifikan terhadap                 the enhancement of corporate governance and
     peningkatan tata kelola dan pengawasan                    oversight within the organizations he has served.
     perusahaan.

                                                               He has no affiliation with major shareholders,
     Beliau tidak memiliki hubungan afiliasi dengan
     pemegang saham utama, anggota Direksi,                    members of the Board of Directors, members of

     anggota Dewan Komisaris, atau anggota Komite              the Board of Commissioners, or other members
     Audit lainnya di Perseroan.                               of the Audit Committee at the Company.
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Kinerja 2025                                                             Profil Perusahaan                      Laporan Manajemen             Analisa dan Pembahasan Manajemen
2025 Performance                                                         Company Profile                        Management Report             Management Discussion and Analysis




                                                                                                 Lewi Sasmita Kosasih

                                                                                                 Anggota Komite Audit
                                                                                                 Audit Committee Member




                                                                  Kewarganegaraan dan Domisili                                Citizenship and Domicile
                                                                  Warga Negara Indonesia, berusia 63 tahun,                   Indonesian citizen, 63 years old, domiciled in
                                                                  berdomisili di Indonesia.                                   Indonesia.


56                                                                Jabatan                                                     Position
                                                                  Beliau diangkat kembali sebagai anggota Komite              He was reappointed as a member of the
                                                                  Audit Perseroan berdasarkan Surat Keputusan                 Company’s Audit Committee based on the
                                                                  Dewan Komisaris No. SK-002/FM/VI/23 tanggal 6               Decree of the Board of Commissioners No. SK-
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Juni 2023.                                                  002/FM/VI/23 dated June 6, 2023.


                                                                  Pendidikan                                                  Education
                                                                  Beliau memperoleh gelar Sarjana Ekonomi dalam               He obtained his Bachelor of Economics degree in
                                                                  bidang Akuntansi dari Universitas Advent Indonesia          Accounting from Adventist University Indonesia
                                                                  tahun 1985 dan menyelesaikan studi Master of                in 1985 and completed his Master of Business
                                                                  Business Administration/Marketing dari Manuel L.            Administration/Marketing studies from Manuel L.
                                                                  Quezon University, Filipina.                                Quezon University, Philippines.


                                                                  Perjalanan Karir                                            Career Journey
                                                                  Beliau memulai karirnya sebagai Financial Controller        He started his career as Financial Controller
                                                                  di PT Wahana Garuda Lestari tahun 1990-1991,                at PT Wahana Garuda Lestari in 1990-1991,
                                                                  menjabat sebagai Marketing Manager di PT Liberty            served as Marketing Manager at PT Liberty
                                                                  Bekasi tahun 1992-1996, menjabat sebagai General            Bekasi in 1992-1996, served as General
                                                                  Manager di PT Domusindo Perdana tahun 1996-                 Manager at PT Domusindo Perdana in 1996-
                                                                  1997, menjabat sebagai Special Task Force Division          1997, served as Special Task Force Division
                                                                  Head di PT Indah Kiat Pulp & Paper tahun 1999-2004,         Head at PT Indah Kiat Pulp & Paper in 1999-
                                                                  menjabat sebagai HR Division Head di PT Pindo Deli          2004, served as HR Division Head at PT Pindo
                                                                  Pulp & Paper tahun 2004-2012, menjabat sebagai              Deli Pulp & Paper in 2004-2012, served as
                                                                  Head of Security & HR di PT Borneo Indo Bara tahun          Head of Security & HR at PT Borneo Indo Bara
                                                                  2012-2013, menjabat sebagai Human Resources                 in 2012-2013, served as Human Resources
                                                                  Director di PT Keong Nusantara Abadi tahun 2015-            Director at PT Keong Nusantara Abadi in 2015-
                                                                  2016. Beliau juga memiliki pengalaman di bidang             2016. He also has experience in the Capital
                                                                  Pasar Modal dengan menjabat sebagai Direktur                Market sector by serving as President Director
                                                                  Utama di PT Aldiracita Sekuritas Indonesia tahun            at PT Aldiracita Sekuritas Indonesia in 2017-
                                                                  2017-2021 dan saat ini menjabat sebagai Direktur di         2021 and currently serves as Director at PT
                                                                  PT Andalan Satria Cemerlang.                                Andalan Satria Cemerlang.

                                                                                                                              He has no affiliation with major shareholders,
                                                                  Beliau tidak memiliki hubungan afiliasi dengan
                                                                                                                              members of the Board of Directors, members
                                                                  pemegang saham utama, anggota Direksi, anggota
                                                                                                                              of the Board of Commissioners, or other
                                                                  Dewan Komisaris, atau anggota Komite Audit lainnya
                                                                                                                              members of the Audit Committee at the
                                                                  di Perseroan.
                                                                                                                              Company.
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Tata Kelola Perusahaan               Aksi Keberlanjutan            Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                 Sustainability Action         Signature Sheet                   Audited Financial Statements




                                   Ricky Harjanto Gunardi

                                   Anggota Komite Audit
                                   Audit Committee Member




     Kewarganegaraan dan Domisili                            Citizenship and Domicile
     Warga Negara Indonesia, berusia 54 tahun,               Indonesian citizen, 54 years old, domiciled in
     berdomisili di Indonesia.                               Indonesia.


     Jabatan                                                 Position                                                               57
     Beliau diangkat kembali sebagai anggota                 He was reappointed as a member of the
     Komite Audit Perseroan berdasarkan Surat                Company’s Audit Committee based on the
     Keputusan Dewan Komisaris No. SK-002/FM/VI/23           Decree of the Board of Commissioners No. SK-




                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
     tanggal 6 Juni 2023.                                    002/FM/VI/23 dated June 6, 2023.


     Pendidikan                                              Education
     Beliau memperoleh gelar Sarjana Ekonomi dalam           He obtained his Bachelor of Economics degree in
     bidang Akuntansi dari Universitas Tarumanegara,         Accounting from Tarumanegara University, Jakarta
     Jakarta tahun 1993.                                     in 1993.


     Perjalanan Karir                                        Career Journey
     Beliau memulai karirnya sebagai Semi Senior             He started his career as Semi Senior Auditor
     Auditor di Kantor Akuntan Publik Siddharta &            at Siddharta & Harsono Public Accounting
     Harsono (anggota dari Coopers & Lybrand)                Firm (member of Coopers & Lybrand) in
     tahun 1993-1995. Kemudian beliau menjabat               1993-1995. He then served as Department
     sebagai Department Head of Corporate Financial
                                                             Head of Corporate Financial Reporting at Asia
     Reporting di Asia Pulp & Paper Co. Ltd tahun
                                                             Pulp & Paper Co. Ltd in 1995-2000, Corporate
     1995-2000, Corporate Senior Manager di Across
                                                             Senior Manager at Across Asia Limited in
     Asia Limited tahun 2000-2006, Assistant Vice
                                                             2000-2006, Assistant Vice President (Finance
     President (Finance Reporting) di PT Central
                                                             Reporting) at PT Central Proteinaprima Tbk in
     Proteinaprima Tbk tahun 2006-2011, Deputy Chief
     Financial Officer di PT Mitrabahtera Segara Sejati      2006-2011, Deputy Chief Financial Officer at PT

     Tbk tahun 2011-2014. Beliau menjabat sebagai            Mitrabahtera Segara Sejati Tbk in 2011-2014.
     Chief Financial Officer di PT Patin Resources           He served as Chief Financial Officer at PT Patin
     Group tahun 2014 – sekarang.                            Resources Group in 2014 - now.


     Beliau tidak memiliki hubungan afiliasi dengan          He has no affiliation with major shareholders,

     pemegang saham utama, anggota Direksi,                  members of the Board of Directors, members of
     anggota Dewan Komisaris, atau anggota Komite            the Board of Commissioners, or other members
     Audit lainnya di Perseroan.                             of the Audit Committee at the Company.
Page 58
                Kinerja 2025                                        Profil Perusahaan   Laporan Manajemen   Analisa dan Pembahasan Manajemen
                2025 Performance                                    Company Profile     Management Report   Management Discussion and Analysis




58
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  3
                                                                  Laporan Manajemen
                                                                  Management Report
Page 59
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      59




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 60
                Kinerja 2025                                                 Profil Perusahaan              Laporan Manajemen                     Analisa dan Pembahasan Manajemen
                2025 Performance                                             Company Profile                Management Report                     Management Discussion and Analysis




                                                                  LAPORAN DEWAN KOMISARIS
                                                                  Board of Commissioners Report



                                                                  Dengan penuh rasa syukur kepada                With profound gratitude to God
                                                                  Tuhan Yang Maha Esa, Dewan                     Almighty, the Board of Commissioners
                                                                  Komisaris menyampaikan Laporan                 presents the 2025 Annual Report of PT

                                                                  Tahunan 2025 PT First Media Tbk                First Media Tbk (the “Company”). The
                                                                                                                 year 2025 presented a challenging
                                                                  (“Perseroan”). Tahun 2025 merupakan
                                                                                                                 period both in terms of global
                                                                  periode yang menantang, baik dari sisi
                                                                                                                 macroeconomic conditions and
                                                                  kondisi makroekonomi global maupun
                                                                                                                 industry dynamics. Nevertheless, the
                                                                  dinamika industri, namun Perseroan
60                                                                mampu menunjukkan resiliensi
                                                                                                                 Company demonstrated resilience
                                                                                                                 and fundamental improvements.
                                                                  dan perbaikan yang fundamental.                These achievements were made
                                                                  Pencapaian ini tidak terlepas dari             possible through the hard work of
                                                                  kerja keras Direksi dan seluruh jajaran
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                 the Board of Directors and the entire
                                                                  manajemen dalam menjaga stabilitas             management team in maintaining
                                                                  operasional serta memperkuat                   operational stability and strengthening
                                                                  fondasi keuangan Perseroan.                    the Company’s financial foundation.



                                                                  Tema Laporan Tahunan 2025,                     The theme of the 2025 Annual

                                                                  “Strengthening the Foundation”,                Report, “Strengthening the

                                                                  mencerminkan fase penting dalam                Foundation,” reflects an important

                                                                  perjalanan Perseroan setelah                   phase in the Company’s journey

                                                                  melalui proses transformasi yang               following the substantial

                                                                  signifikan pada tahun sebelumnya.              transformation undertaken in the

                                                                  Tahun ini menjadi momentum                     previous year. This year served as

                                                                  bagi Perseroan untuk memperkuat                a momentum for the Company to

                                                                  fondasi keuangan, operasional, dan             reinforce its financial, operational,

                                                                  tata kelola sebagai landasan bagi              and governance foundations as

                                                                  pertumbuhan jangka panjang. Tema               a basis for long-term growth.

                                                                  ini menggambarkan komitmen                     The theme underscores the

                                                                  Perseroan untuk membangun                      Company’s commitment to

                                                                  struktur yang lebih kokoh melalui              building a more robust structure

                                                                  penguatan modal, peningkatan                   through capital strengthening,

                                                                  efisiensi, serta penataan portofolio           enhanced efficiency, and a more

                                                                  bisnis yang lebih terarah. Dewan               focused business portfolio. The

                                                                  Komisaris memandang bahwa fokus                Board of Commissioners views

                                                                  pada penguatan fondasi merupakan               this emphasis on strengthening

                                                                  langkah strategis yang tepat,                  the foundation as a strategic and

                                                                  mengingat dinamika ekonomi global              timely step, given the ongoing

                                                                  yang masih penuh ketidakpastian                global uncertainties and the

                                                                  dan kebutuhan Perseroan untuk                  Company’s need to ensure

                                                                  memastikan keberlanjutan usaha di              business sustainability in the years

                                                                  masa mendatang.                                ahead.
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Tata Kelola Perusahaan               Aksi Keberlanjutan       Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                 Sustainability Action    Signature Sheet                     Audited Financial Statements




     Penilaian terhadap Kinerja Direksi                       Assessment of the Board of Directors’

     Dewan Komisaris menilai bahwa Direksi telah              Performance

     menjalankan fungsi pengelolaan secara efektif            The Board of Commissioners assesses that the Board
     sepanjang tahun 2025. Di tengah tekanan eksternal        of Directors has carried out its management functions

     seperti perlambatan ekonomi global, volatilitas          effectively throughout 2025. Amid external pressures
                                                              such as global economic slowdown, financial market
     pasar keuangan, dan pelemahan nilai tukar, Direksi
                                                              volatility, and currency depreciation, the Board of
     mampu menjaga keberlangsungan usaha melalui
                                                              Directors successfully maintained business continuity
     pengelolaan risiko yang hati-hati dan langkah-
     langkah efisiensi yang konsisten.
                                                              through prudent risk management and consistent                     61
                                                              efficiency measures.


     Dari sisi kinerja finansial, tahun 2025 menunjukkan      From a financial performance perspective, 2025




                                                                                                                                 PT First Media Tbk | Annual Report & Sustainability Report 2025
     perbaikan fundamental bagi Perseroan. Meskipun           marked a year of fundamental improvement
     pendapatan menurun akibat berkurangnya kontribusi        for the Company. Although revenue declined
     dari segmen infrastruktur, Perseroan berhasil            due to lower contribution from the infrastructure
     memperkuat posisi keuangannya melalui peningkatan        segment, the Company strengthened its financial
     substansial pada penghasilan komprehensif lain. Hal      position through a substantial increase in other
     ini mendorong ekuitas Perseroan meningkat menjadi        comprehensive income. This drove the Company’s
     Rp4,0 triliun, jauh lebih tinggi dibandingkan tahun      equity to rise sharply to Rp4.0 trillion, significantly
     sebelumnya. Perbaikan struktur permodalan ini juga       higher than the previous year. The improvement in
     tercermin dari penurunan rasio liabilitas terhadap       capital structure was also reflected in the decline
     aset menjadi 26,5%, serta penurunan rasio liabilitas     of the liabilities-to-assets ratio to 26.5% and the
     terhadap ekuitas menjadi 36,1%, yang menandakan          liabilities-to-equity ratio to 36.1%, indicating a
     tingkat leverage yang jauh lebih sehat. Upaya            much healthier leverage level. Consistent efficiency
     efisiensi yang konsisten, termasuk pengendalian          efforts, including operational cost control and cash
     beban operasional dan optimalisasi arus kas, turut       flow optimization, further reinforced the Company’s
     memperkuat resiliensi finansial Perseroan di tengah      financial resilience amid challenging market
     kondisi pasar yang menantang. Dewan Komisaris            conditions. The Board of Commissioners views
     memandang bahwa pencapaian ini menjadi fondasi           these achievements as a critical foundation for the
     penting bagi Perseroan untuk memasuki fase               Company to enter its next phase of growth with
     pertumbuhan berikutnya dengan lebih percaya diri.        greater confidence.


     Direksi juga telah melanjutkan langkah restrukturisasi   The Board of Directors also continued the restructuring
     yang dimulai pada tahun sebelumnya sehingga              initiatives initiated in the previous year enabling the
     Perseroan dapat lebih fokus pada penguatan struktur      Company to focus more effectively on strengthening
     modal dan pengembangan peluang usaha yang                its capital structure and developing more promising
     lebih prospektif. Dewan Komisaris memandang              business opportunities. The Board of Commissioners
     bahwa Direksi telah menunjukkan responsivitas            acknowledges the Board of Directors’ responsiveness
     yang baik terhadap dinamika industri dan mampu           to industry dynamics and its ability to adjust business
     menyesuaikan strategi bisnis secara tepat. Secara        strategies appropriately. Overall, the Board of
     keseluruhan, Dewan Komisaris memberikan apresiasi        Commissioners expresses its appreciation for the
     atas kinerja Direksi yang telah membawa Perseroan        Board of Directors’ efforts in guiding the Company
     menuju kondisi keuangan yang lebih sehat dan             toward a healthier and more sustainable financial
     berkelanjutan.                                           position.
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                2025 Performance                                                Company Profile          Management Report                 Management Discussion and Analysis




                                                                  Penilaian atas Kinerja Komite di Bawah Dewan               Assessment of Committees Under the Board of
                                                                  Komisaris                                                  Commissioners

                                                                                                                             Throughout 2025, the Board of Commissioners
                                                                  Sepanjang tahun 2025, Dewan Komisaris
                                                                                                                             exercised its supervisory function through the
                                                                  menjalankan fungsi pengawasan melalui komite
                                                                                                                             committees under its oversight, namely the Audit
                                                                  yang berada di bawahnya, yaitu Komite Audit.
                                                                                                                             Committee. The Board of Commissioners considers
                                                                  Dewan Komisaris menilai bahwa Komite Audit
                                                                                                                             that the Audit Committee has performed its duties
                                                                  telah melaksanakan tugasnya dengan baik
                                                                                                                             effectively and independently, particularly in ensuring
                                                                  dan independen, terutama dalam memastikan
                                                                                                                             the effectiveness of internal control systems,
                                                                  efektivitas sistem pengendalian internal, kepatuhan
                                                                                                                             regulatory compliance, and the quality of the
                                                                  terhadap regulasi, serta kualitas pelaporan
                                                                                                                             Company’s financial reporting. The Audit Committee
                                                                  keuangan Perseroan. Komite Audit juga memberikan
                                                                                                                             also provided constructive recommendations to
                                                                  rekomendasi yang konstruktif kepada Direksi
                                                                                                                             the Board of Directors regarding business process
                                                                  terkait perbaikan proses bisnis dan mitigasi risiko,
                                                                                                                             improvements and risk mitigation, which were
                                                                  yang kemudian ditindaklanjuti secara positif oleh
62                                                                manajemen.
                                                                                                                             positively acted upon by management.


                                                                  Dewan Komisaris memandang bahwa kontribusi                 The Board of Commissioners views the Audit
                                                                  Komite Audit sepanjang tahun 2025 sangat penting           Committee’s contributions in 2025 as essential
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  dalam menjaga integritas tata kelola perusahaan            in maintaining the integrity of the Company’s
                                                                  dan meningkatkan akuntabilitas Perseroan.                  governance framework and enhancing
                                                                  Dewan Komisaris mendorong Komite Audit untuk               management accountability. The Board of
                                                                  terus memperkuat perannya dalam mendukung
                                                                                                                             Commissioners encourages the Audit Committee
                                                                  pengawasan yang efektif dan memastikan
                                                                                                                             to continue strengthening their roles in supporting
                                                                  penerapan prinsip-prinsip tata kelola secara
                                                                                                                             effective oversight and ensuring consistent
                                                                  konsisten.
                                                                                                                             application of governance principles.



                                                                  Pandangan atas Prospek Usaha                               Business Outlook

                                                                  Dewan Komisaris memandang bahwa prospek                    The Board of Commissioners believes that the
                                                                  usaha Perseroan ke depan tetap positif, meskipun           Company’s business outlook remains positive, despite
                                                                  lingkungan ekonomi global masih dipenuhi                   the global economic environment that continues to be
                                                                  ketidakpastian. Stabilitas makroekonomi Indonesia,         marked by uncertainty. Indonesia’s macroeconomic
                                                                  pertumbuhan PDB sebesar 5,11%, serta percepatan            stability, GDP growth of 5.11%, and the acceleration of
                                                                  transformasi digital nasional memberikan peluang           national digital transformation present opportunities
                                                                  bagi Perseroan untuk memperkuat posisinya.                 for the Company to strengthen its position.

                                                                  Direksi telah menyusun rencana usaha yang                  The Board of Directors has prepared a sustainability-
                                                                  berorientasi pada keberlanjutan, meliputi                  oriented business plan, including the identification
                                                                  identifikasi dan evaluasi peluang investasi baru,          and evaluation of new investment opportunities,
                                                                  pemantauan proaktif terhadap perubahan kondisi             proactive monitoring of market and industry
                                                                  pasar dan industri, serta peningkatan efisiensi
                                                                                                                             developments, and continuous operational efficiency
                                                                  biaya operasional untuk memperkuat arus kas dan
                                                                                                                             improvements to strengthen cash flow and liquidity.
                                                                  likuiditas.

                                                                  Dewan Komisaris menilai bahwa strategi tersebut            The Board of Commissioners considers these
                                                                  tepat dan sejalan dengan kebutuhan Perseroan               strategies appropriate and aligned with the
                                                                  untuk menjaga daya saing serta menciptakan nilai           Company’s needs to maintain competitiveness and
                                                                  jangka panjang bagi pemegang saham.                        create long-term value for shareholders.
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     Pandangan atas Penerapan Tata Kelola                   Corporate Governance Overview
     Perusahaan

     Dewan Komisaris menilai bahwa penerapan Tata           The Board of Commissioners assesses that the

     Kelola Perusahaan yang Baik (Good Corporate            principles of Good Corporate Governance (GCG)

     Governance/GCG) telah dijalankan secara konsisten      were consistently implemented throughout 2025.

     sepanjang tahun 2025. Direksi telah memastikan         The Board of Directors ensured compliance with

     kepatuhan terhadap standar akuntansi, ketentuan        accounting standards, OJK regulations, and the

     OJK, serta prinsip transparansi dan akuntabilitas      principles of transparency and accountability in

     dalam setiap proses pengambilan keputusan.             every decision-making process.


     Tidak terdapat transaksi material yang berpotensi      No material transactions that could give rise to
     menimbulkan benturan kepentingan dan audit             conflicts of interest occurred during the year, and
     eksternal telah dilakukan oleh Kantor Akuntan Publik   external audits were conducted by an independent

     independen. Dewan Komisaris juga memantau              Public Accounting Firm. The Board of Commissioners
                                                            also regularly monitored the effectiveness of internal
     secara berkala efektivitas pengendalian internal dan
                                                            controls and risk management, and acknowledges                    63
     pengelolaan risiko, serta menilai bahwa Perseroan
                                                            that the Company has maintained strong
     telah menjaga hubungan yang baik dengan seluruh
                                                            relationships with all stakeholders.
     pemangku kepentingan.




                                                                                                                              PT First Media Tbk | Annual Report & Sustainability Report 2025
     Dewan Komisaris mendorong Direksi untuk                The Board encourages the Board of Directors to

     terus memperkuat penerapan GCG, terutama               continue strengthening GCG implementation,

     dalam aspek transparansi, manajemen risiko,            particularly in transparency, risk management, and

     dan pengendalian internal, guna mendukung              internal control, to support sustainable business

     pertumbuhan usaha yang berkelanjutan.                  growth.


     Komposisi Dewan Komisaris                              Composition of the Board of Commissioners

     Pada Rapat Umum Pemegang Saham Tahunan                 At the Annual General Meeting of Shareholders
     (RUPST) yang diselenggarakan pada 5 Juni 2025,         (AGMS) held on June 5, 2025, Mr. Ganesh Chander
     Bapak Ganesh Chander Grover diangkat sebagai           Grover was appointed as the Company’s President

     Presiden Komisaris (Independen) Perseroan. Per 31      Commissioner (Independent). As of December 31,
                                                            2025, the composition of the Board of Commissioners
     Desember 2025, susunan Dewan Komisaris Perseroan
                                                            is as follows:
     adalah sebagai berikut:

     • Presiden Komisaris (Independen):                     • President Commissioner (Independent):
      Ganesh Chander Grover                                   Ganesh Chander Grover

     • Komisaris Independen:                                • Independent Commissioner:
      Widjaya Hambali                                         Widjaya Hambali
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                                                                  Penutup                                                   Closing

                                                                  Dewan Komisaris menyampaikan apresiasi dan terima         The Board of Commissioners expresses its appreciation
                                                                  kasih kepada Direksi, seluruh karyawan, dan para          and gratitude to the Board of Directors, all employees,
                                                                  pemangku kepentingan atas dedikasi dan kontribusi         and stakeholders for their dedication and contributions
                                                                  yang diberikan sepanjang tahun 2025. Dengan fondasi       throughout 2025. With a strengthened financial
                                                                  keuangan yang semakin kuat, strategi yang adaptif,        foundation, adaptive strategies, and a firm commitment
                                                                  serta komitmen terhadap tata kelola yang baik, Dewan      to good corporate governance, the Board of
                                                                  Komisaris yakin bahwa Perseroan berada pada jalur         Commissioners is confident that the Company is on the
                                                                  yang tepat untuk mencapai pertumbuhan yang                right path toward sustainable growth and delivering
                                                                  berkelanjutan dan memberikan nilai tambah bagi            long-term value to all stakeholders.
                                                                  seluruh pemangku kepentingan.



                                                                  Untuk dan atas nama Dewan Komisaris                       For and on behalf of the Board of Commissioners

64                                                                PT First Media Tbk                                        PT First Media Tbk
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Ganesh Chander Grover                                     Ganesh Chander Grover
                                                                  Presiden Komisaris (Independen)                           President Commissioner (Independent)
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                                                                  LAPORAN DIREKSI
                                                                  Board of Directors Report


                                                                  Puji dan syukur kami panjatkan kepada Tuhan Yang           Praise and gratitude are extended to God Almighty
                                                                  Maha Kuasa atas berkat dan rahmat-Nya yang                 for His blessings and grace that continue to guide
                                                                  senantiasa menyertai kita semua. Pada kesempatan           us all. On this occasion, we present the report on
                                                                  ini, kami menyampaikan laporan pelaksanaan tugas           the performance of the Board of Directors of PT First
                                                                  Direksi PT First Media Tbk (“Perseroan”) sepanjang         Media Tbk (“the Company”) throughout 2025.
                                                                  tahun 2025.

                                                                  Tema Laporan Tahunan 2025, “Strengthening the              The theme of the 2025 Annual Report,
                                                                  Foundation”, menjadi simbol komitmen Perseroan             “Strengthening the Foundation,” symbolizes the
66                                                                dalam memperkuat fondasi keuangan, operasional,            Company’s commitment to reinforcing its financial,
                                                                  dan tata kelola setelah melalui fase transformasi          operational, and governance foundations following
                                                                  yang signifikan pada tahun sebelumnya. Tahun ini           a significant phase of transformation in the previous
                                                                  menjadi momentum bagi Perseroan untuk menata               year. This year marks an important momentum
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  ulang struktur bisnis, meningkatkan ketahanan              for the Company to realign its business structure,
                                                                  finansial, dan mempersiapkan langkah strategis             enhance financial resilience, and prepare strategic
                                                                  menuju pertumbuhan jangka panjang yang                     steps toward sustainable long-term growth.
                                                                  berkelanjutan.

                                                                  Kinerja 2025                                               2025 Performance

                                                                  Tahun 2025 merupakan periode yang penuh                    The year 2025 was marked by considerable
                                                                  tantangan, baik dari sisi kondisi makroekonomi             challenges, both from global macroeconomic
                                                                  global maupun dinamika industri. Perlambatan               conditions and industry dynamics. The global
                                                                  ekonomi dunia, ketegangan geopolitik, serta                economic slowdown, geopolitical tensions, and
                                                                  volatilitas pasar keuangan memberikan tekanan              financial market volatility exerted pressure on
                                                                  pada berbagai sektor usaha, termasuk industri              various business sectors, including those relevant
                                                                  yang menjadi fokus Perseroan. Namun demikian,              to the Company. Nevertheless, the Company
                                                                  Perseroan mampu menunjukkan ketahanan dan                  demonstrated resilience and recorded fundamental
                                                                  mencatat perbaikan fundamental.                            improvements.

                                                                  Dari sisi pendapatan, Perseroan membukukan                 In terms of revenue, the Company posted
                                                                  Rp1,6 miliar, menurun dari Rp28,6 miliar pada              Rp1.6 billion, declining from Rp28.6 billion in the
                                                                  tahun sebelumnya, akibat berkurangnya kontribusi           previous year due to lower contribution from the
                                                                  dari segmen infrastruktur. Meskipun demikian,              infrastructure segment. Despite this decline, other
                                                                  penghasilan komprehensif lain meningkat signifikan         comprehensive income increased substantially,
                                                                  sehingga jumlah ekuitas meningkat dari Rp0,7 triliun       resulting in total equity rising from Rp0.7 trillion to
                                                                  menjadi Rp4,0 triliun pada tahun 2025. Perbaikan           Rp4.0 trillion in 2025. This improvement was also
                                                                  ini juga tercermin dari penurunan rasio liabilitas         reflected in the decline of the liabilities-to-assets
                                                                  terhadap aset menjadi 26,5%, serta penurunan               ratio to 26.5% and the liabilities-to-equity ratio to
                                                                  rasio liabilitas terhadap ekuitas menjadi 36,1%, yang      36.1%, indicating a much healthier leverage position.
                                                                  menandakan tingkat leverage yang jauh lebih                The Board of Directors views this achievement as an
                                                                  sehat. Direksi memandang bahwa pencapaian ini              important foundation for the Company to enter its
                                                                  merupakan fondasi penting bagi Perseroan untuk             next phase of growth on a stronger footing.
                                                                  memasuki fase pertumbuhan berikutnya dengan
                                                                  landasan yang lebih kuat.
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                                                                  Prospek Usaha Perseroan                                    Business Prospects

                                                                  Melihat perkembangan ekonomi Indonesia yang                Considering Indonesia’s stable economic growth of
                                                                  tetap stabil dengan pertumbuhan PDB sebesar                5.11%, the Company believes that opportunities for
                                                                  5,11%, Perseroan memandang bahwa peluang                   business expansion remain promising. The ongoing
                                                                  pengembangan usaha masih terbuka lebar.
                                                                                                                             digital transformation, rising internet penetration,
                                                                  Transformasi digital yang terus berkembang,
                                                                                                                             and shifting consumer behavior provide room for
                                                                  peningkatan penetrasi internet, serta perubahan
                                                                  pola konsumsi masyarakat memberikan ruang bagi             the Company to explore more prospective sectors.

                                                                  Perseroan untuk mengeksplorasi sektor-sektor yang
                                                                  lebih prospektif.

                                                                                                                             The Board of Directors has formulated a
                                                                  Direksi telah menyusun rencana usaha yang
                                                                                                                             sustainability-oriented business plan, which
                                                                  berorientasi pada keberlanjutan, meliputi:
                                                                                                                             includes:
                                                                  •   mengidentifikasi dan mengevaluasi peluang              •   continuously identifying and evaluating

68                                                                •
                                                                      investasi secara berkelanjutan;
                                                                      memantau dan mengantisipasi perubahan
                                                                                                                                 investment opportunities;
                                                                                                                             •   proactively monitoring and anticipating market
                                                                      kondisi pasar maupun industri secara proaktif;             and industry developments that may affect the
                                                                      dan                                                        Company’s performance; and
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  •   meningkatkan efisiensi biaya operasional               •   consistently improving operational efficiency
                                                                      secara konsisten untuk memperkuat arus kas                 to strengthen cash flow and ensure adequate
                                                                      serta memastikan kecukupan likuiditas dan                  liquidity and working capital.
                                                                      modal kerja.

                                                                  Dengan pendekatan yang adaptif dan disiplin                With an adaptive approach and disciplined risk
                                                                                                                             management, the Company is optimistic about
                                                                  dalam pengelolaan risiko, Perseroan optimis dapat
                                                                                                                             maintaining healthy and sustainable growth in the
                                                                  mempertahankan pertumbuhan yang sehat dan
                                                                                                                             years ahead.
                                                                  berkelanjutan di tahun-tahun mendatang.


                                                                  Penerapan Tata Kelola Perusahaan                           Implementation of Good Corporate Governance

                                                                                                                             Throughout 2025, the Company continued to uphold
                                                                  Sepanjang tahun 2025, Perseroan terus
                                                                                                                             the principles of transparency, accountability,
                                                                  mengutamakan prinsip transparansi, akuntabilitas,
                                                                                                                             responsibility, independence, and fairness in all
                                                                  tanggung jawab, independensi, dan kewajaran
                                                                                                                             operational aspects. The Board of Directors ensured
                                                                  dalam setiap aspek operasional. Direksi memastikan
                                                                                                                             that all decision-making processes aligned with the
                                                                  bahwa seluruh proses pengambilan keputusan
                                                                                                                             principles of Good Corporate Governance (GCG) and
                                                                  sejalan dengan prinsip Good Corporate Governance
                                                                                                                             complied with the regulations of the Financial Services
                                                                  (GCG) serta mematuhi ketentuan Otoritas Jasa
                                                                                                                             Authority (OJK) and applicable accounting standards.
                                                                  Keuangan (OJK) dan standar akuntansi yang
                                                                  berlaku.

                                                                  Audit eksternal telah dilakukan oleh Kantor Akuntan        An external audit was conducted by an independent

                                                                  Publik independen, dan tidak terdapat transaksi            Public Accounting Firm, and no material

                                                                  material yang berpotensi menimbulkan benturan              transactions that could give rise to conflicts of

                                                                  kepentingan. Direksi juga melakukan evaluasi               interest occurred during the year. The Board of

                                                                  berkala terhadap efektivitas pengendalian internal         Directors also carried out periodic evaluations

                                                                  dan manajemen risiko untuk memastikan bahwa                of the effectiveness of internal controls and

                                                                  Perseroan tetap berada pada jalur yang prudent             risk management to ensure that the Company

                                                                  dan berkelanjutan.                                         remained on a prudent and sustainable path.


                                                                  Komitmen terhadap GCG menjadi fondasi penting              Commitment to GCG continues to serve as a key
                                                                  dalam memperkuat kepercayaan pemangku                      foundation in strengthening stakeholder trust and
                                                                  kepentingan dan memastikan kesinambungan usaha             ensuring the Company’s long-term business continuity.
                                                                  Perseroan.
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     Aksi Keberlanjutan                                          Sustainability Actions

     Perseroan tetap berkomitmen pada prinsip                    The Company remains committed to sustainability
     keberlanjutan melalui berbagai inisiatif yang               principles through various initiatives supporting
     mendukung aspek lingkungan, sosial, dan tata kelola.        environmental, social, and governance aspects.
     Sepanjang tahun 2025, Perseroan melanjutkan                 Throughout 2025, the Company continued internal
     program edukasi internal mengenai efisiensi energi          education programs on energy efficiency and resource
     dan pengelolaan sumber daya, serta memastikan               management, ensuring that all operational activities
     bahwa setiap aktivitas operasional dilakukan dengan         were carried out with consideration for environmental
     memperhatikan dampak lingkungan.                            impact.

     Perseroan juga terus mengevaluasi peluang                   The Company also continued to evaluate collaborative

     kolaborasi yang dapat memberikan manfaat sosial             opportunities that could deliver social and

     dan lingkungan, sejalan dengan prinsip triple bottom        environmental benefits, in line with the triple bottom line

     line: profit, planet, dan people.                           principles of profit, planet, and people.


     Susunan Direksi                                             Composition of the Board of Directors                                69
     Tidak terdapat perubahan susunan Direksi pada               There were no changes to the composition of the
     Rapat Umum Pemegang Saham Tahunan (RUPST)                   Board of Directors at the Annual General Meeting
     yang dilaksanakan pada 5 Juni 2025. Dengan




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                 of Shareholders (AGMS) held on June 5, 2025.
     demikian, susunan Direksi Perseroan per 31 Desember         Accordingly, the composition of the Board of Directors
     2025 adalah sebagai berikut:
                                                                 as of December 31, 2025, is as follows:

     •   Presiden Direktur: Harianda Noerlan
                                                                 •    President Director: Harianda Noerlan
     •   Direktur: Johannes Tong
                                                                 •    Director: Johannes Tong
     •   Direktur: Rusbianto Wijaya
                                                                 •    Director: Rusbianto Wijaya


     Penutup                                                     Closing
     Dengan semangat kolaborasi dan dedikasi penuh, Direksi      With a spirit of collaboration and full dedication,
     optimis bahwa PT First Media Tbk dapat melanjutkan          the Board of Directors is optimistic that PT First
     langkah penguatan fondasi menuju masa depan                 Media Tbk will continue strengthening its foundation
     yang lebih cerah. Kami menyampaikan terima kasih            toward a brighter future. We extend our gratitude to
     kepada seluruh pemangku kepentingan, karyawan,              all stakeholders, employees, and customers for their
     dan pelanggan atas dukungan yang diberikan                  support throughout 2025. The Company remains
     sepanjang tahun 2025. Perseroan berkomitmen untuk           committed to creating sustainable value and
     terus menciptakan nilai berkelanjutan dan menjaga           upholding the trust that has been placed in us.
     kepercayaan yang telah diberikan.




     Untuk dan atas nama Direksi                                 For and on behalf of the Board of Directors
     PT First Media Tbk                                          PT First Media Tbk




     Harianda Noerlan                                            Harianda Noerlan
     Presiden Direktur                                           President Director
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                                                                  4
                                                                  Analisa & Pembahasan Manajemen
                                                                  Management Discussion & Analysis
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                                                                  Tinjauan Bisnis
                                                                  Business Overview



                                                                  Tinjauan Makroekonomi                                       Macroeconomic Overview
                                                                  Perekonomian global pada tahun 2025 dihadapkan              The global economy in 2025 was characterized
                                                                  pada tingkat ketidakpastian yang tinggi disertai            by heightened uncertainty alongside a slowdown
                                                                  perlambatan pertumbuhan. Kondisi ini dipengaruhi            in growth. This condition was driven by the
72                                                                oleh penerapan kebijakan proteksionisme oleh                implementation of protectionist policies by the
                                                                  Amerika Serikat serta meningkatnya ketegangan               United States, as well as escalating geopolitical
                                                                  geopolitik di berbagai wilayah. Pemberlakuan                tensions across various regions. The imposition
                                                                  tarif impor yang bersifat universal dan resiprokal          of universal and reciprocal import tariffs has led
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  mendorong fragmentasi dalam perdagangan                     to fragmentation in global trade and investment,
                                                                  dan investasi global, sehingga mengganggu                   thereby disrupting supply chains and suppressing
                                                                  rantai pasok serta menekan volume perdagangan               international trade volumes. As a result, growth
                                                                  internasional. Dampak lanjutan dari kondisi tersebut        divergence has emerged across countries, with
                                                                  adalah terjadinya perbedaan laju pertumbuhan                both advanced and emerging economies tending
                                                                  antarnegara, di mana baik negara maju maupun                toward stagnation, while inflationary pressures
                                                                  berkembang cenderung mengalami stagnasi,                    have eased more slowly than initially expected due
                                                                  sementara tekanan inflasi mereda lebih lambat               to supply disruptions and tariff policies.
                                                                  akibat gangguan pasokan dan kebijakan tarif.


                                                                  Di tengah situasi tersebut, pasar keuangan global           Amid these conditions, global financial markets faced

                                                                  menghadapi risiko yang meningkat, antara lain               increasing vulnerabilities, driven in part by elevated

                                                                  dipicu oleh tingginya tingkat utang publik dunia serta      levels of global public debt and heightened volatility

                                                                  volatilitas arus modal yang cenderung beralih ke            in capital flows shifting toward safe haven assets. In

                                                                  instrumen safe haven. Selain risiko fiskal, pesatnya        addition to fiscal risks, the rapid adoption of digital

                                                                  adopsi teknologi digital, termasuk kecerdasan buatan        technologies, including artificial intelligence (AI)

                                                                  (AI) dan aset kripto, juga menghadirkan tantangan           and crypto assets, has introduced new challenges

                                                                  baru bagi otoritas moneter dalam menjaga stabilitas         for monetary authorities in maintaining financial

                                                                  sistem keuangan. Dalam merespons dinamika                   system stability. In response to these dynamics,

                                                                  tersebut, Indonesia menekankan pentingnya bauran            Indonesia has emphasized the importance of a

                                                                  kebijakan yang terintegrasi guna memperkuat                 well-coordinated policy mix to strengthen national

                                                                  ketahanan ekonomi nasional, melalui stabilitas              economic resilience through the maintenance of

                                                                  makroekonomi, percepatan transformasi sektor riil,          macroeconomic stability, acceleration of real sector

                                                                  serta akselerasi digitalisasi ekonomi untuk meredam         transformation, and the advancement of economic

                                                                  dampak eksternal sekaligus mendorong sumber                 digitalization to mitigate external risks while fostering

                                                                  pertumbuhan domestik.                                       domestic growth drivers.


                                                                  Sejalan dengan kondisi tersebut, Bank Indonesia             In line with these developments, Bank Indonesia

                                                                  mempertahankan BI-Rate pada level 4,75%                     maintained the BI-Rate at 4.75%, with inflation

                                                                  dengan inflasi yang tetap terkendali dalam kisaran          remaining within the target range of 2.5±1%.

                                                                  2,5±1%. Sepanjang tahun 2025, nilai tukar Rupiah            Throughout 2025, the Rupiah experienced

                                                                  mengalami tekanan pelemahan yang dipengaruhi                depreciation pressures influenced by global
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Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




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                Kinerja 2025                                                  Profil Perusahaan            Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                              Company Profile              Management Report           Management Discussion and Analysis




                                                                  oleh dinamika global, termasuk penguatan mata                dynamics, including the strengthening of major
                                                                  uang utama dan meningkatnya ketidakpastian di                currencies and increased uncertainty in international
                                                                  pasar keuangan internasional. Di sisi lain, kebijakan        financial markets. On the other hand, a relatively
                                                                  moneter yang relatif akomodatif, termasuk                    accommodative monetary policy stance, including
                                                                  tren penurunan suku bunga sejak tahun 2024,                  the trend of interest rate cuts since 2024, reflects the
                                                                  mencerminkan fundamental ekonomi domestik                    resilience of Indonesia’s economic fundamentals in
                                                                  yang tetap solid dalam mendukung pertumbuhan.                supporting growth. These developments remain a key
                                                                  Perkembangan ini menjadi perhatian Perseroan                 consideration for the Company in monitoring market
                                                                  dalam memantau dinamika pasar serta mengelola                movements and managing its investment portfolio
                                                                  portofolio investasi secara hati-hati.                       prudently.


                                                                  Secara domestik, perekonomian Indonesia                      Domestically, Indonesia’s economy demonstrated
                                                                  menunjukkan ketahanan yang cukup baik sepanjang              solid resilience throughout 2025. Based on data
                                                                  tahun 2025. Berdasarkan data Badan Pusat Statistik,          from Statistics Indonesia (Badan Pusat Statistik),

74                                                                Produk Domestik Bruto (PDB) Indonesia tercatat               Indonesia’s Gross Domestic Product (GDP) reached
                                                                  sebesar Rp23.821,1 triliun dengan PDB per kapita             Rp23,821.1 trillion, with GDP per capita amounting
                                                                  mencapai Rp83,7 juta atau setara dengan USD5.083,4.          to Rp83.7 million, equivalent to USD5,083.4. On an
                                                                  Secara tahunan, ekonomi Indonesia tumbuh sebesar             annual basis, the economy grew by 5.11%, relatively
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  5,11%, relatif stabil dibandingkan tahun sebelumnya.         stable compared to the previous year. Nevertheless,
                                                                  Namun demikian, pertumbuhan tersebut masih                   growth continues to face challenges, particularly
                                                                  menghadapi tantangan, terutama dari sisi konsumsi            from household consumption as the main contributor
                                                                  rumah tangga sebagai kontributor utama PDB yang              to GDP, which has yet to fully recover to pre-
                                                                  belum sepenuhnya pulih ke tingkat sebelum pandemi,           pandemic levels, reflecting a gradual normalization in
                                                                  sehingga mencerminkan pemulihan pola konsumsi                consumption patterns.
                                                                  yang masih berlangsung secara bertahap.


                                                                  Rencana Bisnis Perseroan                                     Company Business Plan
                                                                  Perseroan telah menyusun rencana usaha                       The Company has formulated a business plan for the
                                                                  untuk tahun-tahun mendatang guna menjaga                     coming years to ensure business continuity, as follows:
                                                                  keberlangsungan usaha, sebagai berikut:

                                                                  •   Perseroan senantiasa mencari peluang investasi;          •   The Company continuously seeks investment

                                                                  •   Perseroan senantiasa melakukan identifikasi                  opportunities;

                                                                      perubahan dalam kondisi pasar atau industri              •   The Company consistently identifies changes in

                                                                      yang dapat mempengaruhi kinerja Perseroan;                   market or industry conditions that may affect its

                                                                      dan                                                          performance; and

                                                                  •   Perseroan secara aktif meningkatkan efisiensi            •   The Company actively enhances efficiency in

                                                                      dalam biaya operasi dalam rangka memperbaiki                 operating costs to improve cash flows and ensure

                                                                      arus kas, memastikan likuiditas dan modal kerja              adequate liquidity and working capital.

                                                                      Perseroan cukup.
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Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




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                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
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                Kinerja 2025                                                  Profil Perusahaan          Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                              Company Profile            Management Report           Management Discussion and Analysis




                                                                  Tinjauan Sumber Daya Manusia
                                                                  Human Resource Overview



                                                                  Sumber Daya Manusia                                        Human Resources
                                                                  Dalam bidang usaha apapun, salah satu kontribusi           In any business sector, one of the main
                                                                  utama dari sebuah perusahaan adalah menyerap               contributions of a company is to absorb and
                                                                  dan mengembangkan tenaga kerja sehingga                    develop the workforce so that a country has
                                                                  sebuah negara memiliki sumber tenaga kerja
                                                                                                                             a skilled, even expert, labor force capable of
                                                                  yang terampil, bahkan ahli, untuk bersaing dengan
                                                                                                                             competing with workers from any nation in the
                                                                  kemampuan tenaga kerja bangsa manapun di
                                                                                                                             world. The company deeply understands this
76                                                                dunia. Perseroan sangat memahami pemikiran di
                                                                                                                             principle, which is why managing human resources
                                                                  atas sehingga pengelolaan sumber daya manusia
                                                                                                                             within the corporation and its subsidiaries is a
                                                                  di dalam Perseroan dan setiap anak perusahaannya
                                                                                                                             crucial part of its overall strategy, planning, and
                                                                  menjadi bagian penting dari keseluruhan strategi,
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  perencanaan, dan setiap langkah pengembangan               every step in the company’s development. The

                                                                  perusahaan. Perseroan senantiasa meningkatkan              corporation continuously enhances synergy and

                                                                  sinergi dan efisiensi di antara Perseroan dengan anak      efficiency between itself and its subsidiaries based
                                                                  perusahaannya berdasarkan nilai-nilai korporasi            on established corporate values to achieve its vision
                                                                  yang telah ditetapkan untuk mencapai visi dan misi         and mission.
                                                                  perusahaan.

                                                                  Dalam mengembangkan sumber daya manusia,                   In developing human resources, the Company plans

                                                                  Perseroan merencanakan dan menerapkan                      and implements individual, team, and performance

                                                                  pengembangan diri individu, tim kerja, dan kinerja         development by creating opportunities for
                                                                  dengan membuka ruang kesempatan berkompetisi               healthy competition, fostering a conducive work
                                                                  yang sehat sehingga terbentuk suasana kerja yang           atmosphere for employees, and enabling the
                                                                  kondusif bagi karyawan, sekaligus perusahaan untuk         company to continuously improve.
                                                                  terus menjadi lebih baik.

                                                                  Keyakinan itulah yang mendorong Perseroan untuk            This belief drives the corporation to always develop

                                                                  selalu mengembangkan karyawan yang dimilikinya             its employees to become a key differentiating
                                                                  agar menjadi faktor pembeda dalam memenangkan              factor in gaining a competitive advantage. The
                                                                  persaingan. Divisi SDM dengan Human Resource               Human Resources Division, supported by the Human
                                                                  Management System (HRIS) untuk korporasi,                  Resource Management System (HRIS) for corporate
                                                                  telah meningkatkan fungsinya menjadi mitra                 operations, has evolved into a strategic partner for
                                                                  strategis Perseroan, sehingga mempermudah dan              the Company, making access to HR-related services
                                                                  mempercepat akses informasi tentang layanan SDM
                                                                                                                             more efficient and up-to-date.
                                                                  secara akurat dan terkini.
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Tata Kelola Perusahaan              Aksi Keberlanjutan        Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                Sustainability Action     Signature Sheet                    Audited Financial Statements




     Sistem Informasi Sumber Daya Manusia                     Human Resource Information System
     HRIS dikembangkan dengan dukungan kerjasama dari         The HRIS has been developed in collaboration with
     Divisi Teknologi Informasi sejak tahun 2011. Penerapan   the Information Technology Division since 2011. The
     Overtime Online System, e-Recruitment System             implementation of the Overtime Online System,
     dan Exit Clearance Online System telah berjalan          e-Recruitment System, and Exit Clearance Online
     dan senantiasa disempurnakan. Sistem tersebut            System has been successfully executed and continues
     memberikan kontribusi perubahan terbesar pada            to be refined. These systems have significantly
     kegiatan dan proses kerja yang terjadi pada Divisi       transformed work activities and processes within the              77
     SDM maupun organisasi. Pengoperasiannya yang             HR division and the organization. Their user-friendly
     mudah, membuat pengguna mudah mendapatkan                operation allows users to easily obtain the latest
     informasi terbaru termasuk dalam mengelola               information, including managing recruitment stages.




                                                                                                                                PT First Media Tbk | Annual Report & Sustainability Report 2025
     setiap tahapan pada proses rekrutmen. Manajemen          Management gains transparent access to updated
     dapat memperoleh informasi terkini dan transparan        employee-related data through this integrated
     mengenai data terkait SDM. Sistem terintegrasi ini       system, which is both accurate and cost-effective.
     akurat dan efektif dalam hal biaya.
                                                              Performance Management System
     Performance Management System
                                                              The Performance Management System (PMS) in
     Performance Management System (PMS) di
                                                              the Company is electronically executed through
     Perseroan dilakukan secara elektronik melalui
     Electronic Performance Management System (e-PMS).        the Electronic Performance Management System

     Sistem manajemen kinerja yang dikembangkan               (e-PMS). This system connects the organization’s

     oleh Perseroan dengan sistem ini menghubungkan           goals, vision, and mission with its employees,

     tujuan serta visi dan misi organisasi terhadap           ensuring that each worker understands the

     karyawan. Hal ini membuat setiap karyawan                direction and objectives to be achieved, and

     tahu arah dan tujuan yang hendak dicapai oleh            consciously contributes to reaching them as part of
     organisasi, serta secara sadar ikut berperan             their own work targets.
     pencapaian tersebut sebagai bagian dari target
     masing-masing karyawan.
                                                              The e-PMS facilitates fair and objective
     Sistem e-PMS juga membuat sistem penilaian
                                                              performance evaluations based on goal
     dengan adil, obyektif dan merujuk pada aspek
                                                              achievement and work behavior assessment. It is
     penilaian pencapaian target dan perilaku kerja.
                                                              designed using the Management by Objectives
     Konsep e-PMS dibangun dengan menggunakan
                                                              (MBO) approach popularized by Peter Drucker.
     pendekatan Management by Objectives (MBO)
                                                              The system follows a continuous cycle involving
     yang dipopulerkan oleh Peter Drucker. Terdapat
                                                              Performance Planning, Performance Coaching, and
     siklus yang berkesinambungan dalam sistem ini
                                                              Performance Appraisal.
     yang meliputi Performance Planning, Performance
     Coaching, dan Performance Appraisal.
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                Kinerja 2025                                                  Profil Perusahaan           Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                              Company Profile             Management Report           Management Discussion and Analysis




                                                                  Penilaian dalam e-PMS didasarkan pada dua hal,              The assessment in e-PMS is based on two things,
                                                                  yaitu target yang dituangkan dalam bentuk Key               namely targets outlined in the form of Key Business
                                                                  Business Objective (KBO) dan Key Performance                Objective (KBO) and Key Performance Indicator
                                                                  Indicator (KPI), serta perilaku karyawan yang               (KPI), and employee behavior outlined in Behavior
                                                                  dituangkan dalam Behavior Competencies (BC).
                                                                                                                              Competencies (BC). The assessment in KBO has a
                                                                  Penilaian dalam KBO memiliki bobot 70 persen,
                                                                                                                              weight of 70 percent, while the BC assessment is 30
                                                                  sedangkan penilaian BC sebesar 30 persen dengan
                                                                                                                              percent with a maximum assessment value of 130
                                                                  nilai maksimal penilaian sebesar 130 persen dari
                                                                                                                              percent of the achievement. The value that comes
                                                                  pencapaian. Nilai yang keluar dari total KBO dan BC
                                                                                                                              out of the total KBO and BC is linked to a certain
                                                                  dihubungkan dengan kisaran angka tertentu dan
                                                                                                                              range of numbers and made into a rating form.
                                                                  dibuatkan menjadi bentuk rating.

                                                                  Agar penilaian menjadi lebih adil dan obyektif, maka        To ensure that evaluations are fairer and more

                                                                  nilai yang didapatkan dibandingkan dengan nilai             objective, the scores obtained are compared with

                                                                  karyawan lainnya dalam satu bagian. Proses ini              those of other employees in the same department.
78                                                                disebut normalisasi. Proses normalisasi dilakukan           This process is called normalization. Normalization is

                                                                  dalam 3 tingkatan mulai dari tingkat bagian,                conducted at three levels: department, division, and

                                                                  departemen dan divisi. Pada proses normalisasi              company-wide. During the normalization process,
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  memungkinkan terjadi perubahan nilai yang didapat.          the scores obtained may change.

                                                                  Salah satu unsur penilaian yang masuk dalam                 One of the assessment elements included in KBO is
                                                                  KBO adalah coaching. Setiap karyawan yang                   coaching. Every employee who has a team member
                                                                  memiliki anggota tim, maka secara otomatis                  will automatically have KBO Coaching. The goal is
                                                                  akan memiliki KBO Coaching. Tujuannya adalah                to develop a coaching culture within the company.
                                                                  untuk mengembangkan budaya coaching dalam                   This coaching is expected to help employees
                                                                  perusahaan. Dengan adanya coaching ini diharapkan
                                                                                                                              achieve their targets, and overcome problems in
                                                                  akan membantu karyawan dalam mencapai
                                                                                                                              performing their daily tasks.
                                                                  targetnya, dan dapat mengatasi permasalahan
                                                                  dalam melakukan tugas sehari-hari.

                                                                  Proses coaching ini dilakukan dengan proses one on          This coaching process is done with a one-on-one

                                                                  one. Seorang karyawan yang memiliki anggota tim             process. An employee who has a team member

                                                                  akan melakukan coaching kepada anggota timnya.              will coach his/her team member. Furthermore, the

                                                                  Selanjutnya dari hasil coaching tersebut dimasukkan         results of the coaching are entered into the PMS.

                                                                  ke dalam PMS.
                                                                                                                              Periodically, the e-PMS system is refined to be
                                                                  Secara berkala, sistem E-PMS disempurnakan untuk            better. Changes to e-PMS can include dimensions
                                                                  dapat menjadi lebih baik. Perubahan E-PMS dapat             in Behavior Competencies using an approach
                                                                  meliputi dimensi dalam Behavior Competencies                that is tailored to developments and needs. The
                                                                  dengan menggunakan pendekatan yang disesuaikan              dimensions of change include: Discipline and
                                                                  dengan perkembangan dan kebutuhan. Dimensi                  Control, Leadership and Support, Communication,
                                                                  perubahan tersebut meliputi: Discipline and                 Achievement, Self-Development, Challenge and
                                                                  Control, Leadership and Support, Communication,             Problem Solving.
                                                                  Achievement, Self-Development, Challenge and
                                                                  Problem Solving.
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Tata Kelola Perusahaan                 Aksi Keberlanjutan             Lembar Tanda Tangan                       Laporan Keuangan Audit
Corporate Governance                   Sustainability Action          Signature Sheet                           Audited Financial Statements




     Pelatihan & Pengembangan Kompetensi                              Training & Competency Development

     Perseroan mendukung karyawan untuk mengikuti                     The Company supports employees to participate
     pengembangan kompetensi teknis, kompetensi                       in the development of technical, managerial,
     manajerial, dan personal melalui pelatihan tingkat               and personal competencies through advanced
     lanjut, seminar, serta sertifikasi untuk semua level             training, seminars, and certifications for all levels of
     karyawan. Tanpa memandang gender, setiap                         employees. Regardless of gender, every employee
     karyawan diberikan kesempatan yang sama untuk                    is given the same opportunity to improve their
     meningkatkan kompetensinya, memastikan bahwa                     competence, ensuring that every individual has
     setiap individu memiliki peluang setara untuk                    equal opportunities to grow. During 2025, no
     berkembang. Selama tahun 2025, tidak ada anggota                 member of the Board of Commissioners, Board of
     Dewan Komisaris, Direksi, dan Komite yang mengikuti              Directors, and Committee participated in training
     pelatihan dan pengembangan kompetensi.                           and competency development.


     Komposisi Karyawan                                               Employee Composition

     Per 31 Desember 2025, total jumlah karyawan                      As of December 31, 2025, the total number of
                                                                                                                                               79
     Perseroan beserta anak-anak perusahaannya adalah                 employees of the Company and its subsidiaries
     sebanyak 6 karyawan. Berikut rincian komposisi                   is 6 employees. The following is a breakdown of




                                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
     karyawan per 31 Desember 2025:                                   employee composition as of December 31, 2025:




           Jumlah karyawan berdasarkan gender:                            Jumlah karyawan berdasarkan wilayah kerja:
              Number of employees by gender:                                  Number of employees by work region:

              Laki-laki      Perempuan            Total                      Kantor Pusat
                Male           Female             Total                     (Jabodetabek)             Lainnya          Total
                                                                                                       Others          Total
                                                                              Head Office
                  5                1                  6
                                                                                    6                     0              6




                                    Jumlah karyawan berdasarkan status ketenagakerjaan:
                                         Number of employees by employment status:

                                               Tetap              Kontrak               Total
                                             Permanent         Non-Permanent            Total

                                                  2                   4                  6




                                        Jumlah karyawan berdasarkan tingkat pendidikan:
                                            Number of employees by level of education:


                           Doktoral         Pascasarjana        Sarjana      Diploma
                                                                                                Lainnya       Total
                           Doctoral             Master         Bachelor      Diploma
                                                                                                 Others       Total
                           Degree               Degree          Degree       Degree


                               0                    0             5             0                 1             6
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                Kinerja 2025                                                 Profil Perusahaan             Laporan Manajemen                 Analisa dan Pembahasan Manajemen
                2025 Performance                                             Company Profile               Management Report                 Management Discussion and Analysis




                                                                                         Jumlah karyawan berdasarkan kelompok umur, level jabatan, dan gender:
                                                                                                 Number of employees by age group, job level, and gender:



                                                                                         Entry-Level                 Mid-Level                  Senior-Level              Executive-Level

                                                                                 Laki-laki     Perempuan    Laki-laki     Perempuan        Laki-laki    Perempuan       Laki-laki   Perempuan
                                                                                   Male          Female       Male          Female           Male         Female          Male        Female

                                                                     18-24           0                 0         0               0             0               0             0           0
                                                                     25-34           1                 0         0               0             0               0             0           0
                                                                     35-44           0                 1         0               0             0               0             0           0
                                                                     45-54           0                 0         0               0              1              0             0           0
                                                                     >=55            0                 0         0               0             0               0             3           0
80                                                                   Total           1                 1         0               0              1              0             3           0


                                                                  Kesetaraan Kesempatan Bekerja                                      Equal Employment Opportunity
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Perseroan menjunjung tinggi asas keberagaman,                      The Company upholds the principles of diversity,
                                                                  kesetaraan dan menentang diskriminasi dalam setiap                 equality and opposes discrimination in every aspect
                                                                  aspek fungsi pengelolaan sumber daya manusia.                      of human resource management functions. The
                                                                  Peraturan Perusahaan telah mengatur larangan                       Company’s Regulation has regulated the prohibition
                                                                  terhadap tindakan asusila beserta sanksinya. Jika                  of immoral acts along with the sanctions. In the event
                                                                  terjadi insiden pelecehan atau diskriminasi dalam                  of an incident of harassment or discrimination in
                                                                  bentuk apapun, Perseroan telah menyediakan                         any form, the Company has provided a transparent
                                                                  mekanisme pelaporan yang transparan dan efektif.                   and effective reporting mechanism. Any violation
                                                                  Setiap laporan pelanggaran dapat disampaikan                       report can be submitted through the Whistleblowing
                                                                  melalui Whistleblowing System (WBS). Perseroan                     System (WBS). The Company ensures that all reports
                                                                  memastikan bahwa seluruh laporan yang diterima                     received will be followed up in an equitable manner as
                                                                  akan ditindaklanjuti secara berkeadilan sebagai                    a form of commitment in maintaining a safe working
                                                                  bentuk komitmen dalam menjaga lingkungan kerja                     environment, free from discrimination, intimidation,
                                                                  yang aman, bebas dari diskriminasi, intimidasi, dan                and actions that violate work ethics.
                                                                  tindakan yang melanggar etika kerja.


                                                                  Selain itu, Perseroan berkomitmen untuk memastikan                 In addition, the Company is committed to ensuring
                                                                  seluruh praktik kerja yang diterapkan sesuai dengan                that all work practices are in accordance with human
                                                                  standar hak asasi manusia. Meskipun saat ini                       rights standards. Although the Company currently
                                                                  Perseroan belum memiliki kebijakan khusus yang                     does not have a specific policy that explicitly regulates
                                                                  secara eksplisit mengatur tentang HAM, aspek-aspek                 human rights, related aspects have been covered in
                                                                  terkait telah tercakup dalam Peraturan Perusahaan,                 the Company Regulation, including policies regarding
                                                                  termasuk kebijakan mengenai hak karyawan                           employee rights and welfare facilities. As part of this
                                                                  dan fasilitas kesejahteraan. Sebagai bagian dari                   commitment, the Company does not employ child
                                                                  komitmen ini, Perseroan tidak mempekerjakan pekerja                labor or practice forced labor. This is stated in the
                                                                  anak maupun melakukan praktik kerja paksa. Hal                     Company Regulation that regulate the rights and
                                                                  ini tercantum dalam Peraturan Perusahaan yang                      obligations of workers. Throughout 2025, there were
                                                                  mengatur hak dan kewajiban pekerja. Sepanjang                      no human rights violations that occurred within the
                                                                  tahun 2025, tidak terdapat pelanggaran hak asasi                   Company.
                                                                  manusia yang terjadi di lingkungan Perseroan.
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Tata Kelola Perusahaan              Aksi Keberlanjutan        Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                Sustainability Action     Signature Sheet                    Audited Financial Statements




     Rekrutmen Karyawan                                       Employee Recruitment
     Perseroan melaksanakan rekrutmen karyawan baru           The Company conducts recruitment of new
     secara adil dan transparan dengan memerhatikan           employees in a fair and transparent manner by
     kualifikasi pekerjaan yang dibutuhkan, dan               taking into account the required job qualifications,
     menghindari praktik-praktik tidak terpuji dan tindakan   and avoiding improper practices and acts of
     diskriminasi dalam pelaksanaannya. Di sisi lain,         discrimination in its implementation. On the other
     Perseroan mencatat adanya aktivitas pergantian           hand, the Company records natural employee
     karyawan secara alami yang disebabkan oleh               turnover activities caused by various factors such
     berbagai faktor seperti memasuki usia pensiun,           as retirement age, death, resignation, dismissal for
     meninggal dunia, mengundurkan diri, diberhentikan        certain reasons, and various other reasons.
     karena alasan tertentu, dan beragam alasan lainnya.


     Kesehatan dan Keselamatan Kerja                          Occupational Health and Safety                                    81
     Perseroan menyediakan fasilitas jaminan kesehatan        The Company provides health insurance facilities
     bagi tenaga kerja dan keluarganya melalui Badan          for its employees and their families through the
     Penyelenggara Jaminan Sosial (BPJS) dan Lippo            Social Security Organizing Agency (BPJS) and




                                                                                                                                PT First Media Tbk | Annual Report & Sustainability Report 2025
     General Insurance (LGI). Sebagaimana diamanatkan         Lippo General Insurance (LGI). As mandated in
     dalam Undang-Undang No. 13 tahun 2013 tentang            Law No. 13 of 2013 on Manpower and Government
     Ketenagakerjaan dan Peraturan Pemerintah Nomor           Regulation No. 50 of 2012 on the Implementation
     50 tahun 2012 tentang Penerapan Sistem Manajemen         of Occupational Safety and Health Management
     Keselamatan dan Kesehatan Kerja, Perseroan               System, the Company understands that every
     memahami bahwa setiap karyawan memerlukan                employee needs work comfort and health insurance
     kenyamanan kerja dan jaminan kesehatan bagi diri         for themselves and their families. Thus, employees
     sendiri dan keluarganya. Dengan demikian, karyawan       can concentrate on doing their daily tasks in the
     dapat berkonsentrasi mengerjakan tugas sehari-hari       company.
     di perusahaan.

     Dalam rangka pengendalian risiko yang berkaitan          In order to control risks related to work activities

     dengan kegiatan kerja guna terciptanya lokasi kerja      in order to create a safe, efficient and productive

     yang aman, efisien dan produktif, Perseroan telah        work location, the Company has implemented an

     menerapkan sistem manajemen keselamatan dan              occupational safety and health (K3) management

     kesehatan kerja (K3) di lingkungan kerja Perseroan.      system in the Company’s work environment. The

     Sistem K3 merupakan upaya dilakukan oleh Perseroan       OHS system is an effort made by the Company to

     untuk menjamin dan melindungi para tenaga kerja,         ensure and protect the workforce, which is realized

     yang direalisasikan melalui upaya pencegahan             through efforts to prevent occupational accidents

     kecelakaan kerja dan penyakit akibat kerja.              and occupational diseases.


     Selama tahun 2025, kegiatan yang dilakukan               During 2025, activities carried out by the Company

     Perseroan berhubungan dengan pengimplementasian          related to the implementation of occupational

     keselamatan dan kesehatan kerja (K3) meliputi            safety and health (OHS) included training and

     pelatihan dan simulasi tanggap darurat bencana           simulation of fire disaster emergency response. No

     kebakaran. Tidak ada kecelakaan kerja yang berakibat     work accidents resulting in serious and fatal injuries

     cedera serius dan fatal terhadap karyawan selama         to employees during 2025.

     tahun 2025.
Page 82
                Kinerja 2025                                                  Profil Perusahaan           Laporan Manajemen            Analisa dan Pembahasan Manajemen
                2025 Performance                                              Company Profile              Management Report           Management Discussion and Analysis




                                                                  Hak-hak Karyawan                                             Employees’ Rights
                                                                  Perseroan menerapkan kebijakan remunerasi yang               The Company implements a fair and competitive
                                                                  adil dan kompetitif. Kebijakan ini menerapkan prinsip        remuneration policy. This policy applies the principles
                                                                  keadilan, transparansi, serta penghargaan atas               of fairness, transparency, and appreciation of
                                                                  kontribusi dan kinerja karyawan, tanpa diskriminasi          employee contributions and performance, without
                                                                  gender. Pada tahun 2025, gaji karyawan tetap                 gender discrimination. By 2025, the salary of the lowest
                                                                  golongan terendah mencapai 100% dari upah                    permanent employee will reach 100% of the regional
                                                                  minimum regional (UMR) yang berlaku di wilayah               minimum wage (UMR) applicable in the region.
                                                                  tersebut.

                                                                                                                               As a form of support for employee welfare, the
                                                                  Sebagai wujud dukungan terhadap kesejahteraan

82
                                                                                                                               Company also provides health benefits from LGI and
                                                                  karyawan, Perseroan juga menyediakan tunjangan
                                                                                                                               maternity leave rights. The Company’s maternity leave
                                                                  kesehatan dari LGI dan hak cuti melahirkan. Hak cuti
                                                                                                                               entitlement refers to the provisions in the Labor Law.
                                                                  melahirkan Perseroan mengacu pada ketentuan
                                                                                                                               Female employees are entitled to 3 months of leave,
                                                                  dalam Undang-Undang Ketenagakerjaan. Karyawan
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                               consisting of 1.5 months before and after childbirth,
                                                                  perempuan berhak atas cuti selama 3 bulan, yang
                                                                                                                               while male employees are entitled to 2 working
                                                                  terdiri dari 1,5 bulan sebelum dan setelah persalinan,
                                                                                                                               days of leave to accompany the birth of a child. This
                                                                  sementara karyawan laki-laki berhak atas 2 hari
                                                                                                                               policy aims to provide sufficient time for employees,
                                                                  kerja cuti untuk mendampingi kelahiran anak.
                                                                                                                               especially mothers, to recover and assume the role
                                                                  Kebijakan ini bertujuan memberi waktu yang cukup
                                                                                                                               of new parents, while still maintaining engagement in
                                                                  bagi karyawan, khususnya ibu, untuk pulih dan
                                                                                                                               work.
                                                                  menjalani peran sebagai orang tua baru, sambil tetap
                                                                  mempertahankan keterlibatan dalam pekerjaan.
Page 83
Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      83




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
Page 84
                Kinerja 2025                                                                   Profil Perusahaan              Laporan Manajemen          Analisa dan Pembahasan Manajemen
                2025 Performance                                                               Company Profile                Management Report          Management Discussion and Analysis




                                                                          Tinjauan Keuangan
                                                                          Financial Overview

                                                                          Pendahuluan                                                             Introduction
                                                                          Pada tahun 2025, Perseroan membukukan laba                              In 2025, the Company reported comprehensive
                                                                          komprehensif sebesar Rp3.259.683 juta serta                             income of Rp3,259,683 million and recorded equity
                                                                          mencatatkan ekuitas sebesar Rp3.998.152 juta,                           of Rp3,998,152 million, after having previously
                                                                          setelah sebelumnya mengalami rugi komprehensif                          reported comprehensive losses and a capital
                                                                          dan defisiensi modal selama beberapa tahun
                                                                                                                                                  deficiency over the past few years.
                                                                          terakhir.

                                                                          Berikut adalah ringkasan laporan keuangan                               The following is a summary of the consolidated
                                                                          konsolidasian Perseroan untuk tahun-tahun buku                          financial statements of the Company for the years
84                                                                        yang berakhir pada tanggal 31 Desember 2025 dan                         ended on December 31, 2025 and 2024:
                                                                          2024:
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                          Keterangan
                                                                  Dalam jutaan rupiah
                                                                      in million Rupiah




                                                                                          Remarks                                                                      2025              2024

                                                                                          Pendapatan
                                                                                          Revenues                                                                    1.694              28.572

                                                                                          Beban Layanan
                                                                                          Cost of Services                                                            (640)             (19.126)

                                                                                          Laba Bruto
                                                                                          Gross Profit                                                                1.054              9.446

                                                                                          Beban Operasional
                                                                                          Operating Expenses                                                         (20.481)           (20.597)

                                                                                          EBITDA
                                                                                          EBITDA                                                                     (19.427)           (11.151)

                                                                                          Beban Penyusutan & Amortisasi
                                                                                          Depreciation & Amortization                                                   -                (2.010)

                                                                                          Beban Keuangan
                                                                                          Finance Costs                                                                (27)               (52)

                                                                                          Lain-lain - Neto
                                                                                          Others – Net                                                               13.877              71.228

                                                                                          Beban Pajak Penghasilan
                                                                                          Income Tax Expense                                                            -                  -

                                                                                          Laba (Rugi) Tahun Berjalan
                                                                                          Profit (Loss) for The Year                                                 (5.577)             58.015

                                                                                          Jumlah Penghasilan Laba (Rugi) Komprehensif Tahun Berjalan
                                                                                          Total Comprehensive Income (Loss) for The Year                            3.259.683           1.317.260

                                                                                          Laba (Rugi) yang dapat diatribusikan kepada :
                                                                                          Profit (Loss) For the Year Attributable to:

                                                                                            Pemilik Entitas Induk
                                                                                            Equity Holders of the Parent Entity                                      (1.041)            63.496

                                                                                            Kepentingan Non-Pengendali
                                                                                            Non-Controlling Interests                                                (4.536)            (5.481)
Page 85
Tata Kelola Perusahaan                                 Aksi Keberlanjutan      Lembar Tanda Tangan                       Laporan Keuangan Audit
Corporate Governance                                   Sustainability Action   Signature Sheet                           Audited Financial Statements




     Pendapatan                                                                Revenues
     Perseroan mencatat pendapatan sebesar Rp1.694                             The Company reported revenue of Rp1,694 million in
     juta pada tahun 2025, yang menunjukkan penurunan                          2025, representing a decrease of Rp26,878 million,
     sebesar Rp26.878 juta atau 94% dibandingkan                               or 94%, compared to Rp28,572 million in 2024. This
     dengan Rp28.572 juta pada tahun 2024. Penurunan                           decline was primarily due to lower revenue from the
     ini terutama disebabkan oleh berkurangnya
                                                                               infrastructure segment.
     pendapatan dari segmen infrastruktur.

                                                                               The following is a table showing the Company’s
     Berikut adalah tabel komposisi pendapatan
                                                                               revenue breakdown:
     Perseroan:
     Dalam jutaan rupiah
         in million Rupiah




                                                                                             2025                          2024
                                Pendapatan
                                Revenue                                        Jumlah
                                                                               Nominal              %
                                                                                                                Jumlah
                                                                                                                Nominal            %                    85
                                Infrastruktur                                      1.694            100         17.194             60
                                Infrastructure




                                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
                                Konten dan Berita                                    -               -          11.377             40
                                Content and News

                                Jasa langganan untuk Internet dan
                                Layanan Komunikasi data
                                                                                     -               -             1               -
                                Subscription Fees for Internet
                                and Data Communication Services

                                Jumlah                                             1.694            100         28.572            100
                                Total




     Beban Layanan                                                             Cost of Services
     Beban layanan Perseroan berupa biaya dan                                  The Company’s Cost of Services consist of Costs and
     pengeluaran yang dibayarkan untuk hal-hal sebagai                         Expenditure related to:
     berikut:                                                                  •         Content and News
     •                       Konten dan Berita                                 •         Infrastructure
     •                       Infrastruktur                                     •         Permits and Licenses
     •                       Perizinan                                         •         Bandwidth Fees and Other Internet Access
     •                       Bandwidth dan Jasa Internet Lainnya


     Beban layanan pada tahun 2025 sebesar Rp640                               The cost of services in 2025 was Rp640 million,

     juta mengalami penurunan sebesar Rp18.486 juta                            which decreased by Rp18,486 million or 97%

     atau 97% dibandingkan dengan beban layanan                                compared to 2024, which amounted to Rp19,126

     pada tahun 2024 yang mencapai Rp19.126 juta. Rasio                        million. The total cost of services to revenue ratio in

     total biaya layanan yang dibebankan terhadap                              2025 was 38%, compared to 2024 of 67%.

     pendapatan adalah sebesar 38% pada tahun 2025,
     dibandingkan pada tahun 2024 sebesar 67%.
Page 86
                Kinerja 2025                                                            Profil Perusahaan                 Laporan Manajemen             Analisa dan Pembahasan Manajemen
                2025 Performance                                                        Company Profile                   Management Report             Management Discussion and Analysis




                                                                  Berikut adalah tabel menunjukan komposisi beban                              The following table shows the composition of the
                                                                  layanan Perseroan:                                                           Company’s Cost of Services:
                                                                           Dalam jutaan rupiah
                                                                               in million Rupiah


                                                                                                                                                      2025                      2024
                                                                                                   Beban Layanan
                                                                                                   Cost of Services                           Jumlah                  Jumlah
                                                                                                                                              Nominal
                                                                                                                                                              %       Nominal          %


                                                                                                   Konten dan Berita
                                                                                                                                                 -             -       15.301          80
                                                                                                   Content and News

                                                                                                   Infrastruktur
                                                                                                                                                632           99       3.819           20
                                                                                                   Infrastructure

                                                                                                   Bandwidth dan Jasa Internet
                                                                                                   Lainnya
                                                                                                                                                 -             -            6           -
                                                                                                   Bandwidth and Other Internet
                                                                                                   Services

86                                                                                                 Perizinan                                     8             1            -           -
                                                                                                   Permits and Licenses

                                                                                                   Jumlah                                       640           100      19.126          100
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                   Total




                                                                  Laba Bruto                                                                   Gross Profit
                                                                  Laba bruto tahun 2025 turun sebesar 89% menjadi                              Gross profit for 2025 fell by 89% to Rp1,054 million from
                                                                  Rp1.054 juta dari Rp9.446 juta.                                              Rp9,446 million.


                                                                  Beban Operasional                                                            Operating Expense
                                                                  Beban operasional turun sebesar Rp116 juta dari                              Operating expenses decreased by Rp116 million from
                                                                  Rp 20.597 juta pada tahun 2024, menjadi Rp20.481                             Rp 20,597 million in 2024 to Rp20,481 million in 2025,
                                                                  juta pada tahun 2025, terutama disebabkan oleh                               primarily due to lower employee salaries and benefits.
                                                                  penurunan gaji dan tunjangan karyawan.


                                                                  Laba (Rugi) Tahun Berjalan                                                   Profit (Loss) for the Year
                                                                  Pada tahun 2025, Perseroan mencatat rugi tahun                               In 2025, the Company recorded loss for the year
                                                                  berjalan sebesar Rp5.577 juta, dibandingkan dengan                           amounting to Rp5,577 million, compared to profit for
                                                                  laba tahun berjalan pada tahun 2024 sebesar                                  the year of Rp58,015 million in 2024. In 2025, loss for the
                                                                  Rp58.015 juta. Pada tahun 2025, rugi yang dapat                              year attributable to equity holders of the parent entity
                                                                  diatribusikan kepada pemilik entitas induk adalah                            amounting to Rp1,041 million and loss for the year
                                                                  sebesar Rp1.041 juta, sedangkan rugi yang dapat                              attributable to the non-controlling interests amounting
                                                                  diatribusikan kepada kepentingan non-pengendali                              to Rp4,536 million.
                                                                  adalah sebesar Rp4.536 juta.


                                                                  Penghasilan (Rugi) Komprehensif Tahun Berjalan                               Comprehensive Income (Loss) For The Year
                                                                  Penghasilan komprehensif pada tahun 2025 adalah                              Comprehensive income for 2025 amounting to
                                                                  sebesar Rp3.259.683 juta, naik sebesar Rp1.942.423 juta                      Rp3,259,683 million, increased by Rp1,942,423 million
                                                                  atau naik 147% dibandingkan dengan penghasilan                               or 147% compared to 2024 comprehensive income
                                                                  komprehensif pada tahun 2024 sebesar Rp1.317.260 juta.                       amounting to Rp1,317,260 million.
Page 87
Tata Kelola Perusahaan               Aksi Keberlanjutan      Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                 Sustainability Action   Signature Sheet                    Audited Financial Statements




     Aset                                                    Assets
     Jumlah aset per tanggal 31 Desember 2025 sejumlah       Total assets per 31 December 2025 amounted to
     Rp5.440.149 juta, yang mengalami peningkatan            Rp5,440,149 million, increased by Rp3,268,508 million
     sebesar Rp3.268.508 juta atau sebesar 151%              or 151% compared to total assets as of 31 December
     dibandingkan dengan jumlah aset per tanggal             2024 amounted to Rp2,171,641 million. This increase
     31 Desember 2024 yaitu sejumlah Rp2.171.641 juta.       was mainly due to an increase in the balance of
     Peningkatan ini terutama disebabkan oleh kenaikan       other non-current financial assets of Rp3,265,260
     saldo aset keuangan tidak lancar lainnya sebesar        million originating from the Company’s investment
     Rp3.265.260 juta yang berasal dari investasi saham      in shares of PT Multipolar Technology Tbk which
     Perseroan pada PT Multipolar Technology Tbk dimana      was recorded using fair value through other
     dicatat menggunakan nilai wajar melalui penghasilan     comprehensive income.
     komprehensif lain.


     Aset lancar naik sebesar Rp1.939 juta dan aset tidak    Current assets increased by Rp1,939 million and non-              87
     lancar naik sebesar Rp3.266.569 juta di tahun 2025      current assets increased by Rp3,266,569 million in

     dibandingkan Rp318.314 juta dan Rp1.853.327 juta per    2025 compared to Rp318,314 million and Rp1,853,327




                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
     tanggal 31 Desember 2024.                               million as of December 31, 2024.


     Liabilitas                                              Liabilities
     Jumlah liabilitas meningkat sebesar Rp8.825 juta dari   Total liabilities increased by Rp8,825 million, from
     Rp1.433.172 juta per tanggal 31 Desember 2024 menjadi   Rp1,433,172 million as of December 31, 2024 to
     Rp1.441.997 juta per tanggal 31 Desember 2025. Jumlah   Rp1,441,997 million as of December 31, 2025. Total
     liabilitas jangka pendek naik sebesar 1%, sedangkan     current liabilities increased by 1%, while total non-
     jumlah liabilitas jangka panjang naik sebesar 2%        current liabilities increased by 2% compared to 2024.
     dibandingkan tahun 2024.


     Ekuitas                                                 Equity
     Total ekuitas per tanggal 31 Desember 2025 sejumlah     Total equity as per 31 December 2025 amounted to
     Rp3.998.152 juta, dibandingkan dengan total ekuitas     Rp3,998,152 million, compared to total equity as per 31
     per tanggal 31 Desember 2024 sebesar Rp738.469 juta.    December 2024 amounted to Rp738,469 million.

     Rasio liabilitas terhadap aset Perseroan tercatat       The Company’s liabilities-to-assets ratio was recorded

     sebesar 26,5%, turun dari 66,0% pada tahun 2024.        at 26.5%, a decrease from 66.0% in 2024. This decline

     Penurunan ini mencerminkan peningkatan kapasitas        reflects an improvement in equity-based funding

     pendanaan berbasis ekuitas serta berkurangnya           capacity and a reduced reliance on liabilities within

     ketergantungan Perseroan terhadap liabilitas dalam      the Company’s capital structure. Meanwhile, the

     struktur modalnya. Sementara itu, rasio liabilitas      liabilities-to-equity ratio also showed improvement,

     terhadap ekuitas juga menunjukkan perbaikan, turun      decreasing from 194.1% in 2024 to 36.1% in 2025.

     dari 194,1% pada tahun 2024 menjadi 36,1% pada          This change was primarily driven by the increase

     tahun 2025. Perubahan ini terutama disebabkan oleh      in the Company’s equity through higher other

     meningkatnya ekuitas Perseroan melalui kenaikan         comprehensive income, thereby strengthening the

     penghasilan komprehensif lain, sehingga memperkuat      Company’s solvency position and overall financial

     posisi solvabilitas dan ketahanan keuangan Perseroan    resilience.

     secara keseluruhan.
Page 88
                Kinerja 2025                                                               Profil Perusahaan   Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                                           Company Profile     Management Report           Management Discussion and Analysis




                                                                  Berikut adalah tabel yang menunjukkan struktur                   Below is a table showing the Company’s capital
                                                                  modal Perseroan:                                                 structure:
                                                                   Dalam jutaan rupiah
                                                                       in million Rupiah




                                                                                                                                                 2025                             2024
                                                                                           Struktur Modal
                                                                                           Capital Structure                         Jumlah                Porsi      Jumlah                Porsi
                                                                                                                                     Amount             Portion (%)   Amount             Portion (%)




                                                                                           Jumlah Liabilitas
                                                                                           Total Liabilities                         1.441.997             26,5       1.433.172            66,0



88                                                                                         Jumlah Ekuitas
                                                                                           Total Equity
                                                                                                                                     3.998.152             73,5       738.469              34,0



                                                                                           Jumlah Modal                              5.440.149             100        2.171.641             100
                                                                                           Total Capital
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Laporan Arus Kas Konsolidasian                                   Consolidated Statements of Cash Flows
                                                                  Arus kas neto yang digunakan untuk aktivitas                     Net cash used for operating activities in 2025
                                                                  operasional tahun 2025 adalah sebesar Rp23.761                   amounted to Rp23,761 million, representing a
                                                                  juta, mengalami penurunan sebesar Rp23.207 juta                  decrease of Rp23,207 million from Rp46,968 million in
                                                                  dari Rp46.968 juta pada tahun 2024. Penerimaan kas               2024. Cash receipts from customers totaling Rp908
                                                                  dari pelanggan sebesar Rp908 juta digunakan untuk                million were used for cash payments to suppliers
                                                                  pembayaran kas kepada pemasok dan pihak ketiga                   and other third parties of Rp14,905 million, payments
                                                                  lainnya sebesar Rp14.905 juta, pembayaran untuk                  for operating expenses of Rp5,898 million, payments
                                                                  beban usaha sebesar Rp5.898 juta, pembayaran                     to employees of Rp3,839 million, and interest
                                                                  kepada karyawan Rp3.839 juta, dan pembayaran                     payments of Rp27 million.
                                                                  bunga Rp27 juta.

                                                                  Kas bersih yang diperoleh dari aktivitas investasi               Net cash provided by investing activities in 2025

                                                                  mencapai Rp25.742 juta pada tahun 2025, mengalami                amounted to Rp25,742 million, a decrease of

                                                                  penurunan Rp24.231 juta dari Rp49.973 juta pada                  Rp24,231 million from Rp49,973 million in 2024.

                                                                  tahun 2024.

                                                                                                                                   In both 2025 and 2024, net cash flows used for
                                                                  Pada tahun 2025 dan 2024, arus kas bersih yang
                                                                                                                                   financing activities were nil.
                                                                  digunakan untuk aktivitas pendanaan adalah nihil.

                                                                                                                                   The following table presents the Company’s
                                                                  Berikut adalah tabel yang menunjukkan arus kas
                                                                                                                                   consolidated cash flows:
                                                                  konsolidasian Perseroan:
Page 89
Tata Kelola Perusahaan                                                  Aksi Keberlanjutan                     Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                                                    Sustainability Action                  Signature Sheet                     Audited Financial Statements




                                          Keterangan
 Dalam jutaan rupiah
     in million Rupiah




                                          Remarks                                                                                       2025                  2024

                                          Arus Kas Neto Digunakan untuk Aktivitas Operasi
                                          Net Cash Flows Used in Operating Activities                                                 (23.761)               (46.968)

                                          Arus Kas Neto Diperoleh dari Aktivitas Investasi
                                                                                                                                      25.742                  49.973
                                          Net Cash Flows Provided by Investing Activities

                                          Arus Kas Digunakan untuk Aktivitas Pendanaan
                                          Cash Flows Used in Financing Activities                                                        -                       -

                                          Kenaikan Neto Kas dan Setara Kas
                                                                                                                                       1.981                  3.005
                                          Net Increase in Cash and Cash Equivalents

                                          Saldo Kas dan Setara Kas pada Awal Tahun
                                                                                                                                      252.384                253.066
                                          Cash and Cash Equivalents at the Beginning of the Year

                                          Efek Kas dan Setara Kas atas Entitas Anak yang Tidak Dikonsolidasi                                                                      89
                                          Effect in Cash and Cash Equivalents of Deconsolidated Subsidiaries                             -                    (4.189)

                                          Dampak Perubahan Selisih Kurs Terhadap Kas dan Setara Kas
                                          Effects of Foreign Exchange Rate Changes on Cash and Cash Equivalents                         427                    502




                                                                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
                                          Saldo Kas dan Setara Kas pada Akhir Tahun                                                   254.792                252.384
                                          Cash and Cash Equivalents at the End of the Year




                   Kemampuan Membayar Utang                                                                    Debt Servicing Capacity
                   Kemampuan Perseroan untuk membayar kewajiban                                                The Company’s ability to pay its current liabilities is
                   jangka pendek dipengaruhi oleh tingkat likuiditas                                           influenced by its liquidity level. The Company’s current
                   Perseroan. Rasio lancar Perseroan adalah 0,2x di tahun                                      ratio is 0.2x in 2025, the same as in 2024 at 0.2x.
                   2025, sama dengan tahun 2024 sebesar 0,2x.
                  Dalam jutaan rupiah
                      in million Rupiah




                                              Kemampuan Membayar Utang
                                                                                                                     2025                           2024
                                              Debt Servicing Capacity

                                              Aset Lancar
                                                                                                                    320.253                        318.314
                                              Current Assets

                                              Liabilitas Jangka Pendek
                                                                                                                   1.427.409                      1.418.842
                                              Current Liabilities

                                              Rasio Lancar (x)
                                                                                                                      0,2                            0,2
                                              Current Ratio (x)




                   Tingkat Kolektibilitas Piutang                                                              Receivables Collectibility
                   Tingkat kolektibilitas piutang Perseroan dapat                                              The Company’s receivable collectibility can be
                   diukur dengan Periode Pengumpulan Piutang                                                   measured by the Average Receivables Collection
                   Rata-rata yang menunjukkan jumlah hari rata-                                                Period that shows the average number of days
                   rata untuk menagih piutangnya. Pada 2025,                                                   to collect its receivables. In 2025, the average
                   periode pengumpulan rata-rata adalah 57 hari,                                               collection period was 57 days, compared to 119 days
                   dibandingkan dengan 119 hari pada 2024.                                                     in 2024.
Page 90
                Kinerja 2025                                                                   Profil Perusahaan             Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                                               Company Profile               Management Report           Management Discussion and Analysis




                                                                  Dalam jutaan rupiah
                                                                      in million Rupiah




                                                                                          Keterangan
                                                                                                                                                         2025                                2024
                                                                                          Description


                                                                                          Pendapatan                                                     1.694                              28.572
                                                                                          Revenues

                                                                                          Rata-rata Piutang Usaha
                                                                                          Average Trade Receivables                                       266                                9.313


                                                                                          Rasio Lama Penagihan Rata-rata (hari)
                                                                                                                                                           57                                 119
                                                                                          Average Receivable Collection Period (days)




                                                                                  Informasi Material                                             Material Information
                                                                                  Transaksi material dilaksanakan sesuai dengan                  Material transactions were carried out in accordance

90                                                                                ketentuan OJK serta prinsip keterbukaan dan                    with OJK provisions and the principles of transparency
                                                                                  kewajaran. Selama tahun buku 2025, tidak terdapat              and fairness. During the 2025 financial year, there were
                                                                                  transaksi material yang dilakukan oleh Perseroan.              no material transactions conducted by the Company.
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                  Informasi & Fakta Material yang Terjadi Setelah                Information & Material Facts that Occurred After The
                                                                                  Tanggal Laporan Akuntan                                        Date of The Accountant’s Report
                                                                                  Tidak ada informasi dan fakta material yang terjadi            There was no material information or facts that occurred
                                                                                  setelah tanggal laporan keuangan konsolidasian                 after the date of the consolidated financial statements
                                                                                  untuk tahun buku yang berakhir pada tanggal 31                 for the fiscal year ended December 31, 2025, which have
                                                                                  Desember 2025 yang telah diaudit oleh Kantor                   been audited by Public Accounting Firm Amir Abadi
                                                                                  Akuntan Publik Amir Abadi Jusuf, Aryanto, Mawar &              Jusuf, Aryanto, Mawar & Rekan dated March 26, 2026.
                                                                                  Rekan tanggal 26 Maret 2026.

                                                                                  Transaksi yang Mengandung Benturan Kepentingan                 Conflict of Interest Transactions
                                                                                  Perseroan senantiasa memastikan bahwa setiap                   The Company ensures that any transaction with the
                                                                                  transaksi yang berpotensi menimbulkan benturan                 potential to give rise to a conflict of interest is carried
                                                                                  kepentingan dilaksanakan secara hati‑hati serta                out prudently and in compliance with the regulations
                                                                                  mematuhi ketentuan Otoritas Jasa Keuangan guna                 of the Financial Services Authority (OJK) to maintain
                                                                                  menjamin objektivitas dan transparansi. Selama                 objectivity and transparency. Throughout the 2025
                                                                                  tahun buku 2025, Perseroan tidak melakukan transaksi           financial year, the Company did not engage in any
                                                                                  yang mengandung benturan kepentingan.                          transaction that constituted a conflict of interest.

                                                                                  Ekspansi, Divestasi, Penggabungan Usaha, Akuisisi,             Expansion, Divestment, Business Merger, Acquisition,
                                                                                  dan Restrukturisasi Utang/Permodalan                           and Debt/Capital Restructuring
                                                                                  Selama tahun buku 2025, Perseroan tidak                        During the 2025 financial year, the Company did
                                                                                  melaksanakan kegiatan usaha yang berkaitan                     not undertake any business activities related
                                                                                  dengan ekspansi, divestasi, penggabungan usaha,                to expansion, divestment, business mergers,
                                                                                  akuisisi, dan restrukturisasi utang/permodalan.                acquisitions, or debt/capital restructuring.

                                                                                  Realisasi Penggunaan Dana Hasil Penawaran Umum                 Use of Proceeds from Public Offering
                                                                                  Sepanjang tahun buku 2025, Perseroan tidak                     During the 2025 financial year, the Company did not
                                                                                  mengadakan penawaran umum.                                     hold any public offerings.
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     Realisasi Investasi Barang Modal                        Realization of Capital Goods Investment
     Selama tahun buku 2025, Perseroan dan unit usaha        During the 2025 financial year, the Company and
     tidak merealisasikan investasi barang modal.            its business units did not realize any capital goods
                                                             investment.

     Ikatan Material Untuk Investasi Barang Modal            Capital Expenditure Commitments
     Anak usaha Perseroan memiliki komitmen dengan           The Company’s subsidiary has commitments with
     sejumlah pihak terkait pembelian aset tetap dalam       various parties regarding the purchase of fixed assets
     mata uang Rupiah. Sumber pendanaan atas                 in Rupiah. Sources of funding for this commitment

     komitmen ini berasal dari pendanaan internal.           come from internal funding.


     Kebijakan Akuntansi                                     Accounting Policies

     Dalam hal penyusunan laporan keuangan                   In terms of preparing these consolidated financial
                                                             statements, the Company continues to use standards
     konsolidasian tersebut, Perseroan tetap menggunakan
                                                             that are in accordance with Financial Accounting
     standar yang sesuai dengan Standar Akuntansi
                                                             Standards in Indonesia which include the Statement
     Keuangan di Indonesia yang meliputi Pernyataan
                                                             of Financial Accounting Standards (PSAK) and                      91
     Standar Akuntansi Keuangan (PSAK) dan Interpretasi
                                                             Interpretation of Financial Accounting Standards (ISAK)
     Standar Akuntansi Keuangan (ISAK) yang diterbitkan
                                                             issued by the Financial Accounting Standards Board
     oleh Dewan Standar Akuntansi Keuangan – Ikatan          –Indonesian Institute of Accountant (DSAK –IAI), and




                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
     Akuntan Indonesia (DSAK – IAI), serta peraturan Pasar   regulations in the Capital Market include Regulation
     Modal yang berlaku antara lain Peraturan Otoritas       of Financial Services Authority/Capital Market and
     Jasa Keuangan/Badan Pengawas Pasar Modal dan            Supervisory Board and Financial Institutions (OJK/
     Lembaga Keuangan (OJK/Bapepam-LK) No. VIII.G.7          Bapepam-LK) No. VIII.G.7 regarding guidelines for
     tentang pedoman penyajian laporan keuangan,             the presentation of the financial statements, decree
     keputusan Ketua Bapepam-LK No. KEP-347/BL/2012          of Chairman of Bapepam-LK No, KEP-347/BL/2012

     tentang penyajian dan pengungkapan laporan              regarding presentation and disclosure of financial

     keuangan emiten atau perusahaan publik.                 statement of issuers or public company.
                                                             New standards and amendments to standards which
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                Kinerja 2025                                                   Profil Perusahaan            Laporan Manajemen           Analisa dan Pembahasan Manajemen
                2025 Performance                                               Company Profile              Management Report           Management Discussion and Analysis




                                                                  Standar baru dan amandemen atas standar yang                  effective for periods beginning on or after January 1,
                                                                  berlaku efektif untuk periode yang dimulai pada               2025, with early adoption permitted, are as follows:
                                                                  atau setelah 1 Januari 2025, dengan penerapan dini
                                                                                                                                •   PSAK 117: Insurance Contract
                                                                  diperkenankan, yaitu:
                                                                                                                                •   Amendments PSAK 117: Insurance Contract
                                                                  •   PSAK 117: Kontrak Asuransi
                                                                  •   Amandemen PSAK 117: Kontrak Asuransi tentang                  regarding Initial Application of PSAK 117 and PSAK

                                                                      Penerapan Awal PSAK 117 dan PSAK 109 – Implikasi              109 – Comparative Information
                                                                      Komparatif                                                •   Amendments PSAK 221: Foreign Exchange Rate
                                                                  •   Amandemen PSAK 221: Pengaruh Perubahan Kurs                   regarding Lack of Exchangeability
                                                                      Valuta Asing tentang Kekurangan Ketertukaran
                                                                                                                                Several PSAKs were also amended as consequential
                                                                  Beberapa PSAK juga diamandemen sebagai                        amendments due to the enactment of PSAK 117:
                                                                  amandemen konsekuensial karena berlakunya PSAK                Insurance Contracts, as follows:

92                                                                117: Kontrak Asuransi, yaitu:
                                                                                                                                •   PSAK 103: Business Combinations
                                                                  •   PSAK 103: Kombinasi Bisnis                                •   PSAK 105: Non-Current Assets Held for Sale and
                                                                  •   PSAK 105: Aset Tidak Lancar yang Dikuasai untuk               Discontinued Operations
                                                                      Dijual dan Operasi yang Dihentikan
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                •   PSAK 107: Financial Instruments: Disclosures
                                                                  •   PSAK 107: Instrumen Keuangan – Pengungkapan
                                                                                                                                •   PSAK 109: Financial Instrument
                                                                  •   PSAK 109: Instrumen Keuangan
                                                                                                                                •   PSAK 115: Income from Contracts with Customers
                                                                  •   PSAK 115: Pendapatan dari Kontrak dengan
                                                                                                                                •   PSAK 201: Presentation of Financial Statements
                                                                      Pelanggan
                                                                                                                                •   PSAK 207: Statement of Cash Flows
                                                                  •   PSAK 201: Penyajian Laporan Keuangan
                                                                                                                                •   PSAK 216: Fixed Assets
                                                                  •   PSAK 207: Laporan Arus Kas
                                                                                                                                •   PSAK 219: Employee Benefits
                                                                  •   PSAK 216: Aset Tetap
                                                                  •   PSAK 219: Imbalan Kerja                                   •   PSAK 228: Investment in Associated Entities and

                                                                  •   PSAK 228: Investasi pada Entitas Asosiasi dan                 Joint Ventures

                                                                      Ventura Bersama                                           •   PSAK 232: Financial Instruments: Presentation
                                                                  •   PSAK 232: Instrumen Keuangan – Penyajian                  •   PSAK 236: Impairment of Assets
                                                                  •   PSAK 236: Penurunan Nilai Aset                            •   PSAK 237: Provision, Contingent Liabilities and
                                                                  •   PSAK 237: Provisi, Liabilitas Kontinjensi, dan Aset           Contingent Assets
                                                                      Kontinjensi                                               •   PSAK 238: Intangible Assets
                                                                  •   PSAK 238: Aset Tak Berwujud                               •   PSAK 240: Investment Property
                                                                  •   PSAK 240: Properti Investasi
                                                                                                                                The implementation of the above standards had no
                                                                  Implementasi standar-standar tersebut tidak memiliki          significant effect on the amounts reported for the
                                                                  dampak signifikan terhadap jumlah yang dilaporkan             current year or prior financial year.
                                                                  pada tahun berjalan maupun tahun sebelumnya.
                                                                                                                                Changes in Regulation
                                                                  Perubahan Peraturan Perundang-undangan                        During 2025, there were no changes in regulations
                                                                  Sepanjang tahun 2025 tidak ada perubahan                      that have significant impact to the Company and the
                                                                  peraturan perundang-undangan yang berpengaruh                 financial statements.
                                                                  signifikan terhadap Perseroan dan berdampak
                                                                  terhadap laporan keuangan.
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Tata Kelola Perusahaan                    Aksi Keberlanjutan               Lembar Tanda Tangan                     Laporan Keuangan Audit
Corporate Governance                      Sustainability Action            Signature Sheet                         Audited Financial Statements




                                                                            Dividend Policy
     Kebijakan Dividen                                                      The amount of dividends paid is taken into account
     Besarnya dividen yang dibayarkan dikaitkan dengan                      to the Company’s profit in the relevant financial year,
     keuntungan Perseroan pada tahun buku yang                              without prejudice to the level of financial health of
     bersangkutan, dengan tidak mengabaikan tingkat                         the Company and the need for funds required for

     kesehatan keuangan Perseroan dan kebutuhan dana                        planned operational and investment activities in the

     yang diperlukan untuk rencana kegiatan operasional                     context of developing the Company’s business without

     dan investasi dalam rangka pengembangan usaha                          prejudice to, and the right of the Company’s General
                                                                            Meeting of Shareholders to determine otherwise in
     Perseroan tanpa mengurangi, dan hak Rapat Umum
                                                                            accordance with the provisions of the Company’s
     Para Pemegang Saham Perseroan untuk menentukan
                                                                            Articles of Association. The Company’s dividend policy
     lain sesuai dengan ketentuan Anggaran Dasar
                                                                            is as follows:
     Perseroan. Kebijakan dividen Perseroan adalah
                                                                            Over the past 3 (three) financial years, the Company
     sebagai berikut:




               Setelah Pajak Laba Bersih                    Persentase Dividen Kas Terhadap Laba Bersih Setelah Pajak
                                                                                                                                                  93
               Net Profit After Tax                         Percentage of Cash Dividend to Net Profit After Tax




                                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
               Sampai dengan Rp20 miliar
                                                                                       10-14%
               Up to Rp20 billion

               Lebih dari Rp20 miliar
               More than Rp20 billion                                                  15-20%




    Selama 3 (tiga) tahun buku terakhir, Perseroan tidak                   has not distributed dividends to its shareholders. This
    membagikan dividen kepada pemegang saham.                              decision was taken to maintain the Company’s capital
    Keputusan tersebut diambil guna menjaga kecukupan                      adequacy.
    permodalan Perseroan.




                                                                                                                     Dividen Per
       Tahun Dividen      Tanggal Keputusan           Rasio Pembayaran (%)         Jumlah Dividen (Rp)            Lembar Saham (Rp)
       Year Dividend        Resolution Date             Payment Ratio (%)         Amount of Dividend (Rp)            Dividend Per
                                                                                                                      Share (Rp)

             2025                     -                           -                           -                            -
             2024                     -                           -                           -                            -
             2023                     -                           -                           -                            -
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                Kinerja 2025                                                  Profil Perusahaan               Laporan Manajemen                Analisa dan Pembahasan Manajemen
                2025 Performance                                              Company Profile                 Management Report                Management Discussion and Analysis




                                                                  Struktur Kepemilikan                                                 Shareholding Structure
                                                                  Berikut struktur kepemilikan Perseroan per 31                        The following is the Company’s shareholding structure
                                                                  Desember 2025:                                                       as of December 31, 2025:


                                                                                                                                                       Jumlah Nominal
                                                                                       Keterangan                        Jumlah Saham              (dalam Jutaan Rupiah)
                                                                                       Description                      Number of Shares               Nominal Amount                %
                                                                                                                                                      (in Million Rupiah)

                                                                                PT Reksa Puspita Karya                     588.167.378                    294.084                   33,76

                                                                                 PT Trijaya Putra Mulia                    160.276.213                     80.138                    9,20
94                                                                   Masyarakat dengan kepemilikan di bawah 5%
                                                                                                                           993.724.316                    496.862                   57,04
                                                                            Public with ownership below 5%

                                                                                           TOTAL                           1.742.167.907                   871.084                  100,00
PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                  Transaksi Afiliasi                                                   Affiliated Transactions
                                                                  Transaksi afiliasi dilakukan berdasarkan prinsip                     Affiliated transactions were carried out based on
                                                                  kewajaran (arm’s length principle) dan sesuai dengan                 the arm’s length principle and in accordance with
                                                                  praktik bisnis yang berlaku umum. Adapun transaksi                   generally accepted business practices. Affiliated
                                                                  afiliasi yang dilakukan selama tahun buku 2024-2025                  transactions carried out during the 2024-2025 fiscal
                                                                  disajikan pada tabel berikut.                                        year are presented in the following table.



                                                                             Pihak Berelasi                                      Hubungan                                        Transaksi
                                                                    No.      Related Parties                                    Relationship                                    Transactions


                                                                                                                Entitas Sepengendali                                  Asuransi Kesehatan
                                                                     1.      PT Lippo General Insurance Tbk
                                                                                                                Entity Under Common Control                           Medical Insurance

                                                                                                                Di bawah Kesamaan Pengendalian                        Kas dan Setara Kas
                                                                     2.      PT Bank Nationalnobu Tbk
                                                                                                                Under Common Control                                  Cash and Cash Equivalent

                                                                                                                                                                      Utang Usaha, Aset Keuangan
                                                                                                                Entitas Sepengendali                                  Tidak Lancar Lainnya
                                                                     3.      PT Multipolar Technology Tbk       Entity Under Common Control                           Trade Payables, Other Non-
                                                                                                                                                                      Current Financial Assets


                                                                             PT Tata Mandiri Daerah Lippo       Entitas Asosiasi atas Kelompok Usaha yang Sama        Pendapatan
                                                                     4.
                                                                             Karawaci                           Associate Under the same Business Group               Revenue
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Tata Kelola Perusahaan                Aksi Keberlanjutan              Lembar Tanda Tangan            Laporan Keuangan Audit
Corporate Governance                  Sustainability Action           Signature Sheet                Audited Financial Statements




                       Tabel Saldo dan Transaksi Pihak Berelasi Tahun 2024-2025 (dalam jutaan Rupiah)
                       Table of Related Party Balances and Transactions for 2024-2025 (in million Rupiah)


                          Deskripsi
                                                                                        2025     2024
                          Description


                          Kas dan Setara Kas
                          Cash and Cash Equivalents

                          PT Bank Nationalnobu Tbk                                  239.205     235.923

                          Persentase dari jumlah aset
                                                                                        4,40     10,86
                          Percentage of total assets



                          Aset Keuangan Tidak Lancar Lainnya
                          Other Non-Current Financial Assets

                          PT Multipolar Technology Tbk                              4.641.28    1.376.021                           95
                          Persentase dari jumlah aset
                          Percentage of total assets                                    85,32    63,36




                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
                          Utang Usaha
                          Trade Payables

                          PT Multipolar Technology Tbk                                  3.207    3.207
                          Lain-lain                                                     2.892    2.785
                          Jumlah                                                        6.099    5.992

                          Persentase dari jumlah liabilitas
                                                                                        0,42      0,41
                          Percentage of total liabilities




                          Pendapatan
                          Revenue

                          Jasa Pemeliharaan Infrastruktur Jaringan Kawasan
                          Regional Network Infrastructure Maintenance Service

                          PT Tata Mandiri Daerah Lippo Karawaci                           -     12.800

                          Persentase dari jumlah pendapatan
                                                                                          -      44,80
                          Percentage of total revenues




                          Beban Umum dan Administrasi
                          General and Administrative Expenses

                          Biaya Pengelolaan Administrasi Saham
                          Shares Administration Fees
                                                                                         108      108
                          Lain-lain
                          Others

                          Persentase dari Beban Umum dan Administrasi
                          Percentage of General and Administrative Expenses             0,53     0,62



                          Beban Asuransi
                          Insurance Expenses

                          PT Lippo General Insurance Tbk                                 8        46

                          Persentase dari Beban Umum dan Administrasi
                          Percentage of General and Administrative Expenses             0,04      0,31
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                2025 Performance                                               Company Profile          Management Report              Management Discussion and Analysis




                                                                  Rencana Bisnis 2026                                       2026 Business Plan

                                                                  Perseroan telah mempersiapkan rencana usaha untuk         The Company has prepared business plans for the
                                                                  tahun-tahun mendatang guna mempertahankan                 coming years to maintain its going concern status as
                                                                  kelangsungan usaha sebagai berikut:                       follows:
                                                                  •   Perseroan senantiasa mencari peluang investasi;       •   The Company continuously seeks investment

                                                                  •   Perseroan senantiasa melakukan identifikasi               opportunities;

                                                                      perubahan dalam kondisi pasar atau industri           •   The Company consistently identifies changes in

                                                                      yang dapat mempengaruhi kinerja Perseroan;                market or industry conditions that may affect its
                                                                                                                                performance; and
                                                                      dan
                                                                                                                            •    The Company actively enhances efficiency in
                                                                  •   Secara aktif meningkatkan efisiensi dalam biaya
                                                                                                                                operating costs to improve cash flows and ensure
                                                                      operasi dalam rangka memperbaiki arus kas,
                                                                                                                                adequate liquidity and working capital.
                                                                      memastikan likuiditas dan modal kerja Perseroan
                                                                      cukup.
96
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Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      97




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
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2025 Performance                                                         Company Profile     Management Report   Management Discussion and Analysis




98
PT First Media Tbk | Annual Report & Sustainability Report 2025




            5                                                     TATA KELOLA PERUSAHAAN
                                                                  Corporate Governance
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Tata Kelola Perusahaan                  Aksi Keberlanjutan        Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                    Sustainability Action     Signature Sheet                  Audited Financial Statements




    Prinsip Tata Kelola Perusahaan
    Corporate Governance Principles



    Dalam menjalankan kegiatan operasional dan bisnis,          In conducting its operational and business activities,
    Perseroan berkomitmen untuk menerapkan prinsip-             the Company is committed to implementing the
    prinsip Tata Kelola Perusahaan yang Baik (GCG).             principles of Good Corporate Governance (GCG). The
    Peraturan yang menjadi dasar penerapan GCG                  regulations that form the basis for the implementation

    Perseroan antara lain:                                      of GCG in the Company include:


    1.   Undang-Undang Republik Indonesia No. 4 Tahun              1.   Law of the Republic of Indonesia No. 4 of 2023
         2023 tentang Pengembangan dan Penguatan                        on the Development and Strengthening of the               99
         Sektor Keuangan, yang memberikan pedoman                       Financial Sector, which provides guidelines for
         mengenai pengelolaan sektor keuangan di                        managing the financial sector in Indonesia,
         Indonesia, termasuk regulasi yang mengatur                     including regulations governing public




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
         perusahaan terbuka dan pasar modal.                            companies and the capital market.

    2.   Undang-Undang Republik Indonesia No. 40 Tahun             2.   Law of the Republic of Indonesia No. 40 of 2007
         2007 tentang Perseroan Terbatas, yang mengatur                 on Limited Liability Companies, which regulates
         tentang pendirian, pengelolaan, dan tanggung                   the establishment, management, and
         jawab Perseroan Terbatas di Indonesia, termasuk                responsibilities of Limited Liability Companies
         struktur organisasi dan kewajiban terhadap                     in Indonesia, including organizational structure
         pemegang saham.                                                and shareholder obligations.

    3.   Peraturan OJK No. 33/POJK.04/2014 tentang Direksi         3.   OJK Regulation No. 33/POJK.04/2014 on the
                                                                        Board of Directors and Commissioners of
         dan Dewan Komisaris Emiten atau Perusahaan
                                                                        Issuers or Public Companies, which governs
         Publik, yang mengatur tentang peran, fungsi, dan
                                                                        the roles, functions, and responsibilities of
         tanggung jawab Direksi serta Dewan Komisaris                   the Board of Directors and Commissioners in
         dalam perusahaan publik.                                       public companies.

    4.   Peraturan OJK No. 21/POJK.04/2015 tentang                 4.   OJK Regulation No. 21/POJK.04/2015 on the
         Penerapan Pedoman Tata Kelola Perusahaan                       Implementation of Corporate Governance
         Terbuka, yang mengharuskan perusahaan                          Guidelines for Public Companies, which
                                                                        mandates that public companies apply good
         terbuka untuk menerapkan pedoman tata kelola
                                                                        and transparent governance guidelines to
         yang baik dan transparan guna menciptakan
                                                                        create sustainable and healthy business
         keberlanjutan usaha yang sehat.                                operations.

    5.   Peraturan OJK No. 15/POJK.04/2020 tentang                 5.   OJK Regulation No. 15/POJK.04/2020 on the

         Rencana dan Penyelenggaraan Rapat Umum                         Plan and Implementation of the General

         Pemegang Saham Perusahaan Terbuka, yang                        Meeting of Shareholders of Public Companies,

         mengatur prosedur penyelenggaraan rapat                        which regulates the procedures for holding

         umum pemegang saham untuk perusahaan                           general meetings of shareholders for public

         terbuka, baik secara tatap muka maupun melalui                 companies, whether in person or through

         mekanisme elektronik.                                          electronic mechanisms.
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 2025 Performance                                                                   Company Profile             Management Report                  Management Discussion and Analysis




                                                                   6.   Peraturan OJK Nomor 14 Tahun 2025 tentang                      6.    OJK Regulation No. 14 of 2025 on the
                                                                        Pelaksanaan Rapat Umum Pemegang Saham,                               Implementation of General Meetings of
                                                                        Rapat Umum Pemegang Obligasi, dan Rapat                              Shareholders, Bondholders Meetings, and
                                                                        Umum Pemegang Sukuk Secara Elektronik, yang                          Sukuk Holders Meetings Electronically, which
                                                                        memberikan landasan hukum untuk pelaksanaan                          provides the legal basis for conducting general
                                                                        rapat umum pemegang saham secara elektronik,                         meetings of shareholders electronically, in
                                                                        guna mendukung keterbukaan dan partisipasi                           order to support greater transparency and
                                                                        yang lebih luas dari para pemegang saham.                            broader shareholder participation.


                                                                   Penerapan Asas GCG                                               Implementation of GCG Principles

                                                                   Perseroan melaksanakan tata kelola perusahaan                    The Company implements corporate governance
                                                                   dengan berlandaskan prinsip-prinsip dasar GCG                    based on the basic principles of GCG and adheres
                                                                   serta memperhatikan Pedoman Umum Governansi                      to the 2021 General Guidelines for Indonesian
                                                                   Korporat Indonesia (PUGKI) Tahun 2021 yang disusun
                                                                                                                                    Corporate Governance (PUGKI) prepared by the
100                                                                oleh Komite Nasional Kebijakan Governance (KNKG).
                                                                                                                                    National Committee for Governance Policy (KNKG).
                                                                   Prinsip Governansi Korporat Indonesia berisi hak-
                                                                                                                                    The Indonesian Corporate Governance Principles
                                                                   hak pemegang saham, pemangku kepentingan dan
                                                                                                                                    contain the shareholders and stakeholders’ rights
                                                                   pemenuhannya, aturan pokok tentang pengelolaan,
                                                                                                                                    and their fulfilment, basic rules on management and
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   dan pengawasan atas pengelolaan korporasi di
                                                                   Indonesia, termasuk aspek etika, manajemen risiko,               supervision of management, including aspects of

                                                                   dan pengungkapan.                                                ethics, risk management and disclosure.


                                                                   Prinsip Governansi Korporat Indonesia terdiri dari               The Indonesian Corporate Governance Principles

                                                                   delapan prinsip yang dibagi dalam tiga kelompok                  consist of eight principles which are divided into three

                                                                   prinsip:                                                         groups of principles:


                                                                        1.    Tiga prinsip pertama, yaitu kelompok prinsip              1.    The first group of principles is governing the

                                                                              yang mengatur fungsi pengurusan dan                             management and supervisory functions of

                                                                              pengawasan korporasi, yaitu Direksi dan                         the corporation, i.e. the Board of Directors and

                                                                              Dewan Komisaris;                                                the Board of Commissioners;

                                                                        2.    Kelompok prinsip yang mengatur proses dan                 2.    The group of principles governing the

                                                                              keluaran yang dihasilkan oleh Direksi dan                       processes and outcomes generated by

                                                                              Dewan Komisaris; dan                                            the Board of Directors and the Board of
                                                                                                                                              Commissioners; and
                                                                        3.    Kelompok prinsip yang mengatur pemilik
                                                                              sumber daya, yang terutama akan                           3.    The group of principles governing the

                                                                              menerima manfaat dari pelaksanaan                               providers of resources, who are the primary

                                                                              governansi korporat.                                            beneficiaries of the implementation of
                                                                                                                                              corporate governance.


                                                                   Prinsip-prinsip tersebut beserta turunannya                      The principles along with the recommendations
                                                                   didasari oleh empat pilar governansi                             and guidelines are inspired by the four pillars
                                                                   korporat, yaitu perilaku beretika, akuntabilitas,                of corporate governance: ethical behavior,
                                                                   transparansi, dan keberlanjutan. Tercerminnya                    accountability, transparency, and sustainability.
                                                                   empat pilar dalam prinsip-prinsip governansi                     The reflection of the four pillars in the principles of
                                                                   korporat Indonesia akan mendorong terciptanya                    Indonesian corporate governance will encourage
                                                                   nilai jangka panjang korporasi. Berikut adalah                   the creation of corporate value in the long term.
                                                                   empat pilar governansi korporat:                                 The four pillars of corporate governance are:
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Tata Kelola Perusahaan                  Aksi Keberlanjutan        Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                    Sustainability Action     Signature Sheet                   Audited Financial Statements




    Perilaku Beretika                                           Ethical Behavior

    Dalam melaksanakan kegiatannya, korporasi                   In carrying out its activities, corporations always
    senantiasa mengedepankan kejujuran,                         value honesty, treat all parties with respect, honor
    memperlakukan semua pihak dengan hormat                     its commitments, consistently build and maintain
    (respect), memenuhi komitmen, membangun serta               ethical values and beliefs. The corporation respects
    menjaga nilai-nilai moral dan kepercayaan secara
                                                                the interests of shareholders and other stakeholders
    konsisten. Korporasi memperhatikan kepentingan
                                                                in accordance with the principle of fairness, and each
    pemegang saham dan pemangku kepentingan
                                                                company body is managed independently so it will
    lainnya berdasarkan asas kewajaran dan kesetaraan
                                                                not dominate other bodies or be interfered with by
    (fairness) dan dikelola secara independen sehingga
                                                                other parties.
    masing-masing organ perusahaan tidak saling
    mendominasi dan tidak dapat diintervensi oleh pihak
    lain.


    Akuntabilitas                                               Accountability
                                                                                                                                   101
    Korporasi dapat mempertanggungjawabkan                      Corporations are accountable for their performance
    kinerjanya secara transparan dan wajar. Untuk itu           in a transparent and fair manner. To achieve this,
    Korporasi harus dikelola secara benar, terukur dan          corporations are required to be managed in a proper,




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
    sesuai dengan kepentingan korporat dengan tetap
                                                                measurable manner that aligns with corporate
    memperhitungkan kepentingan pemegang saham
                                                                objectives while also considering the interests of
    dan pemangku kepentingan. Akuntabilitas merupakan
                                                                shareholders and other stakeholders. Accountability is
    prasyarat yang diperlukan untuk mencapai kinerja
                                                                the prerequisite to achieve sustainable performance.
    yang berkelanjutan.


    Transparansi                                                Transparency

    Untuk menjaga objektivitas dalam menjalankan bisnis,        To maintain objectivity in conducting business,
    korporasi menyediakan informasi yang material               the corporation provides material and relevant
    dan relevan dengan cara yang mudah diakses dan
                                                                information in a manner that stakeholders can easily
    dipahami oleh pemangku kepentingan. Korporasi
                                                                access and understand. The corporation takes the
    mengambil inisiatif untuk mengungkapkan tidak
    hanya masalah yang disyaratkan oleh peraturan               initiative to disclose not only matters required by laws

    perundang-undangan, tetapi juga hal yang penting            and regulations, but also matters that are important
    untuk pengambilan keputusan oleh pemegang                   for shareholders, creditors and other stakeholders in
    saham, kreditur dan pemangku kepentingan lainnya.           making decisions.


    Keberlanjutan                                               Sustainability

    Korporasi mematuhi peraturan perundang-undangan             The corporation complies with laws and regulations
    serta berkomitmen melaksanakan tanggung                     and is committed to carrying out responsibilities
    jawab terhadap masyarakat dan lingkungan agar
                                                                towards society and the environment in order to
    berkontribusi pada pembangunan berkelanjutan
                                                                contribute to sustainable development by working
    melalui kerjasama dengan semua pemangku
                                                                with all relevant stakeholders to improve their lives in a
    kepentingan terkait untuk meningkatkan kehidupan
    mereka dengan cara yang selaras dengan                      way that is consistent with business interests and the
    kepentingan bisnis dan agenda pembangunan                   sustainable development agenda.
    berkelanjutan.
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 Kinerja 2025                                                                    Profil Perusahaan           Laporan Manajemen                  Analisa dan Pembahasan Manajemen
 2025 Performance                                                                 Company Profile            Management Report                  Management Discussion and Analysis




                                                                   STRUKTUR TATA KELOLA PERUSAHAAN
                                                                   Corporate Governance Structure


                                                                   Struktur tata kelola Perseroan terdiri dari tiga              The Company’s governance structure consists of three
                                                                   organ utama yang diatur berdasarkan Undang-                   main organs, as regulated by Law No. 40
                                                                   Undang No. 40 Tahun 2007 tentang Perseroan                    of 2007 on Limited Liability Companies and the

                                                                   Terbatas dan Anggaran Dasar Perseroan,                        Company’s Articles of Association. These organs
                                                                                                                                 are the GMS, the Board of Commissioners, and the
                                                                   yaitu RUPS, Dewan Komisaris, dan Direksi. RUPS
                                                                                                                                 Board of Directors. The GMS, as the highest organ,
                                                                   sebagai organ tertinggi memiliki kewenangan
                                                                                                                                 has the authority to decide on strategic policies
                                                                   untuk memutuskan kebijakan strategis dan arah
102                                                                Perseroan, sementara Dewan Komisaris bertugas
                                                                                                                                 and the direction of the Company, while the Board
                                                                                                                                 of Commissioners is responsible for overseeing and
                                                                   mengawasi dan memberikan arahan strategis
                                                                                                                                 providing strategic guidance to the Board of Directors.
                                                                   kepada Direksi. Direksi bertanggung jawab atas                The Board of Directors is accountable for the day-
                                                                   pengelolaan operasional sehari-hari Perseroan,
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                 to-day operational management of the Company,
                                                                   sesuai dengan kebijakan yang ditetapkan oleh                  in accordance with the policies set by the GMS and
                                                                   RUPS dan diawasi oleh Dewan Komisaris.                        supervised by the Board of Commissioners.




                                                                   Rapat Umum Pemegang Saham (RUPS)                              General Meeting of Shareholders (GMS)

                                                                   RUPS mempunyai wewenang yang tidak diberikan                  GMS has the authority which is not provided to the
                                                                   kepada Direksi atau Dewan Komisaris, dalam batas              Board of Directors or Board of Commissioners, within
                                                                   yang ditentukan dalam undang-undang dan/atau                  the limits stipulated in the laws and/or articles of
                                                                   anggaran dasar.                                               association.


                                                                   Dalam forum RUPS, pemegang saham berhak                       In GMS forum, shareholders shall be entitled to obtain
                                                                   memperoleh keterangan yang berkaitan dengan                   information related to the Company from the Board of
                                                                   Perseroan dari Direksi dan/atau Dewan Komisaris,              Directors and/or Board of Commissioners, to the extent
                                                                   sepanjang berhubungan dengan mata acara                       it is related to the agenda of the meeting and is not
                                                                   rapat dan tidak bertentangan dengan kepentingan               contrary to the company’s interests.
                                                                   perusahaan.


                                                                   RUPS dalam mata acara lain-lain tidak berhak                  In the agenda item of other matters, the GMS shall
                                                                   mengambil keputusan, kecuali semua pemegang                   not be entitled to adopt any resolutions, unless
                                                                   saham hadir dan/atau diwakili dalam RUPS dan                  all shareholders attend the meeting and/or are
                                                                   menyetujui penambahan mata acara rapat.                       represented in the GMS and agree to the addition of
                                                                   Keputusan atas mata acara rapat yang ditambahkan              such agenda items. Any resolution on the additional
                                                                   harus disetujui dengan suara bulat.                           agenda items must be approved unanimously.
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Tata Kelola Perusahaan                  Aksi Keberlanjutan           Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                    Sustainability Action        Signature Sheet                   Audited Financial Statements




    Tata Cara Pelaksanaan RUPS                                  Procedure of Holding GMS

                                                                In the Law on Limited Liability Company and Articles of
    Dalam Undang-Undang tentang Perseroan Terbatas
                                                                Association of the Company, Annual General Meeting
    dan Anggaran Dasar Perseroan, Rapat Umum
                                                                of Shareholders (AGMS) shall be convened at the
    Pemegang Saham Tahunan (RUPST) diselenggarakan
                                                                latest six months after the end of fiscal year. In the
    paling lama enam bulan setelah tahun buku berakhir.
                                                                AGMS:
    Dalam RUPST:

                                                                1.     The Board of Directors submits the financial
                                                                                                                                      103
    1.   Direksi mengajukan laporan keuangan yang
                                                                       statements prepared and audited based on
         disusun dan diaudit berdasarkan peraturan
                                                                       the prevailing laws and regulations including
         perundang – undangan yang berlaku termasuk
                                                                       the Capital Market regulations and the Stock




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
         peraturan di bidang Pasar Modal dan Peraturan
                                                                       Exchange Regulations where the Company’s
         Bursa Efek dimana saham – saham Perseroan
                                                                       shares are listed to the AGMS, for approval and
         dicatatkan kepada RUPST, untuk mendapat
                                                                       ratification of the AGMS
         persetujuan dan pengesahan RUPST


    2.   Direksi mengajukan laporan tahunan yang telah          2.     The Board of Directors submits the annual

         ditelaah oleh Dewan Komisaris kepada RUPST                    report, which has been reviewed by the Board of
                                                                       Commissioners, to the AGMS for approval.
         untuk memperoleh persetujuan


    3.   Penggunaan laba dalam hal Perseroan                    3.     Utilization of profit in the event that the Company

         mempunyai saldo laba positif                                  has a positive profit balance


    4.   Dilakukan penunjukan Akuntan Publik                    4.     Appointment of Public Accountant


    5.   Dapat dilakukan pemberhentian dan                      5.     Dismissal and appointment of members of the
                                                                       Board of Directors and members of the Board of
         pengangkatan anggota Direksi dan anggota
                                                                       Commissioners can be made
         Dewan Komisaris

                                                                6.     Other agenda items of the GMS that have
    6.   Diputuskan mata acara lainnya dari RUPS yang
                                                                       been duly submitted with due observance of
         telah diajukan sebagaimana mestinya dengan
                                                                       the provisions of the Articles of Association are
         memperhatikan ketentuan Anggaran Dasar.
                                                                       decided.
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 Kinerja 2025                                                                     Profil Perusahaan           Laporan Manajemen                  Analisa dan Pembahasan Manajemen
 2025 Performance                                                                 Company Profile             Management Report                  Management Discussion and Analysis




                                                                   Rapat Umum Pemegang Saham
                                                                   General Meeting of Shareholders



                                                                   Rapat Umum Pemegang Saham pada Tahun                           General Meeting of Shareholders in 2025
                                                                   2025

                                                                   Pada tahun 2025, Perseroan menyelenggarakan                    In 2025, the Company held Annual General Meeting of

                                                                   Rapat Umum Pemegang Saham Tahunan (RUPST)                      Shareholders (AGMS) for the fiscal year 2024 on June
                                                                   untuk tahun buku 2024 pada tanggal 5 Juni 2025.                5, 2025. The AGMS for the financial year 2024 was held
                                                                   RUPST tahun buku 2024 dilaksanakan di Hotel                    at Aryaduta Hotel Jakarta, located at Jl. Prajurit KKO
                                                                   Aryaduta Jakarta, beralamat di Jl. Prajurit KKO Usman          Usman dan Harun No. 44-48, Jakarta. The AGMS was
                                                                   dan Harun No. 44-48, Jakarta. RUPST dihadiri oleh
104
                                                                                                                                  attended by 1.243.057.420 shares, representing 71.351%
                                                                   1.243.057.420 saham, atau mewakili 71,351% dari                of the 1,742,167,907 shares representing the total issued
                                                                   1.742.167.907 saham yang merupakan jumlah seluruh
                                                                                                                                  and fully paid shares.
                                                                   saham yang ditempatkan dan disetor penuh.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                  The AGMS schedule was announced on April 25, 2025
                                                                   Jadwal RUPST tersebut diumumkan pada tanggal 25
                                                                                                                                  through the Company’s website, the Indonesia Stock
                                                                   April 2025 melalui situs web Perseroan, situs web Bursa
                                                                                                                                  Exchange website and the eAsy.KSEI website. The
                                                                   Efek Indonesia dan situs web eAsy.KSEI. Perseroan
                                                                                                                                  Company submitted the meeting invitation on May 14,
                                                                   menyampaikan pemanggilan rapat pada tanggal 14
                                                                                                                                  2025 through the Company’s website, the Indonesia
                                                                   Mei 2025 melalui situs web Perseroan, situs web Bursa
                                                                                                                                  Stock Exchange website and the eAsy.KSEI website.
                                                                   Efek Indonesia dan situs web eAsy.KSEI.


                                                                   Kehadiran Manajemen                                            Management Presence
                                                                                                                                  At the 2025 AGMS, the management who attended this
                                                                   Pada RUPST tahun 2025, manajemen yang hadir
                                                                                                                                  meeting were as follows:
                                                                   dalam rapat ini sebagai berikut:




                                                                                          Manajemen                                            Jabatan
                                                                                         Management                                               Title

                                                                                                                                       Komisaris Independen
                                                                                      Widjaya Hambali
                                                                                                                                     Independent Commissioner


                                                                                                                                          Presiden Direktur
                                                                                       Harianda Noerlan
                                                                                                                                          President Director


                                                                                                                                                Direktur
                                                                                       Johannes Tong
                                                                                                                                                Director


                                                                                                                                                Direktur
                                                                                       Rusbianto Wijaya
                                                                                                                                                Director
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Tata Kelola Perusahaan                 Aksi Keberlanjutan           Lembar Tanda Tangan       Laporan Keuangan Audit
Corporate Governance                   Sustainability Action        Signature Sheet           Audited Financial Statements




                                                                          AGENDA PERTAMA
                                                                                              First Agenda
                                                                              Jumlah Suara
                                                                               yang Setuju
                       Keputusan RUPS Tahunan 2025                              Number of          Realisasi
                           2025 AGMS Resolution                                Agreed Votes       Realization


      1. Menerima baik dan menyetujui Laporan Tahunan Perseroan               1.241.177.220    Keputusan
        terkait laporan tugas pengurusan Direksi Perseroan dan                saham atau       ini telah
        laporan tugas pengawasan Dewan Komisaris Perseroan                    mewakili         dituangkan
        mengenai keadaan dan operasional kegiatan usaha                       99,849% dari     dalam Akta
        Perseroan, laporan Komite Audit, serta Tata Usaha Keuangan            jumlah suara     Pernyataan                    105
        Perseroan untuk tahun buku yang berakhir pada tanggal 31              yang hadir       Keputusan
        Desember 2024.                                                        dalam Rapat      Rapat Umum
                                                                                               Pemegang




                                                                                                                             PT First Media Tbk | Annual Report & Sustainability Report 2025
      1. Accepted and approved the Company’s Annual Report                    1,241,177,220    Saham
        related to the management report of the Company’s Board of            shares or        Tahunan No.
        Directors and the supervisory report of the Company’s Board           representing     03, tanggal
        of Commissioners regarding the condition and operation of             99.849% of       5 Juni 2025,
        the Company’s business activities, the Audit Committee report,        the total        yang dibuat
        as well as the Company’s Financial Administration for the             votes present    di hadapan
        fiscal year ended December 31, 2024.                                  at the           Notaris Andalia
                                                                              Meeting          Farida, S.H.,
                                                                                               M.H., Notaris di
                                                                                               Jakarta.


                                                                                               This resolution
                                                                                               has been
                                                                                               outlined in
                                                                                               the Deed of
                                                                                               Statement of
                                                                                               Resolutions
                                                                                               of the Annual
                                                                                               General
                                                                                               Meeting of
                                                                                               Shareholders
                                                                                               No. 03, dated
                                                                                               June 5, 2025,
                                                                                               made before
                                                                                               Notary Andalia
                                                                                               Farida, S.H.,
                                                                                               M.H., Notary in
                                                                                               Jakarta.
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 Kinerja 2025                                                                Profil Perusahaan             Laporan Manajemen          Analisa dan Pembahasan Manajemen
 2025 Performance                                                             Company Profile              Management Report          Management Discussion and Analysis




                                                                                                                                      Jumlah Suara
                                                                                                                                       yang Setuju
                                                                                    Keputusan RUPS Tahunan 2025                        Number of                Realisasi
                                                                                         2025 AGMS Resolution                         Agreed Votes             Realization


                                                                   2. Menyetujui dan mengesahkan Laporan Posisi Keuangan                                    Keputusan
                                                                     (Neraca), Laporan Laba Rugi dan Penghasilan Komprehensif                               ini telah
                                                                     Lain untuk tahun buku 2024 yang dimuat dalam Laporan                                   dituangkan
                                                                     Keuangan Konsolidasian untuk tahun buku yang berakhir                                  dalam Akta
                                                                     pada tanggal 31 Desember 2024 sebagaimana telah diaudit                                Pernyataan
                                                                     oleh Kantor Akuntan Publik Amir Abadi Jusuf, Aryanto,                                  Keputusan
                                                                     Mawar dan Rekan, dengan opini Wajar termuat dalam surat                                Rapat Umum

106                                                                  laporannya tertanggal 27 Maret 2025 Nomor 00380/2.1030/                                Pemegang
                                                                     AU.1/06/1481-1/1/III/2025 dan memberikan pembebasan dan                                Saham
                                                                     pelunasan (acquit et de charge) sepenuhnya kepada seluruh                              Tahunan No.
                                                                     anggota Direksi dan Dewan Komisaris Perseroan dalam                                    03, tanggal
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                     arti seluas-luasnya sebagaimana tercermin dalam uraian                                 5 Juni 2025,
                                                                     Laporan Direksi dan Laporan Dewan Komisaris Perseroan serta                            yang dibuat
                                                                     dalam Laporan Keuangan Perseroan selama tahun buku 2024                                di hadapan
                                                                     dari tanggung jawab tindakan pengurusan serta pengawasan                               Notaris Andalia
                                                                     yang telah dijalankan selama tahun buku 2024 dan sampai                                Farida, S.H.,
                                                                     dengan tanggal ditutupnya Rapat pada hari ini.                                         M.H., Notaris di
                                                                                                                                                            Jakarta.
                                                                   2. Approve and ratify the Statement of Financial Position
                                                                     (Balance Sheet), Income Statement and Other Comprehensive                              This resolution
                                                                     Income for the financial year 2024 contained in the                                    has been
                                                                     Consolidated Financial Statements for the financial year                               outlined in
                                                                     ended December 31, 2024 as audited by the Public Accounting                            the Deed of
                                                                     Firm Amir Abadi Jusuf, Aryanto, Mawar and Partners, with a                             Statement of
                                                                     Reasonable opinion contained in its report letter dated March                          Resolutions
                                                                     27, 2025 Number 00380/2.1030 / AU.1 /06/1481-1/1/III/2025 and                          of the Annual
                                                                     to grant full release and discharge (acquit et de charge)                              General
                                                                     to all members of the Board of Directors and the Board of                              Meeting of
                                                                     Commissioners of the Company in the broadest sense as                                  Shareholders
                                                                     reflected in the description of the Board of Directors’ Report                         No. 03, dated
                                                                     and the Board of Commissioners’ Report of the Company as                               June 5, 2025,
                                                                     well as in the Company’s Financial Statements during the                               made before
                                                                     financial year 2024 from the responsibility for management                             Notary Andalia
                                                                     and supervisory actions that have been carried out during the                          Farida, S.H.,
                                                                     financial year 2024 and up to the date of the closing of the                           M.H., Notary in
                                                                     Meeting on this day.                                                                   Jakarta.
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Tata Kelola Perusahaan               Aksi Keberlanjutan       Lembar Tanda Tangan            Laporan Keuangan Audit
Corporate Governance                  Sustainability Action   Signature Sheet                Audited Financial Statements




                                                                            AGENDA KEDUA
                                                                                         Second Agenda
                                                                       Jumlah Suara
                                                                        yang Setuju
                  Keputusan RUPS Tahunan 2025                            Number of                Realisasi
                       2025 AGMS Resolution                             Agreed Votes             Realization


      Menyetujui tidak melakukan pembayaran dividen atas kinerja      1.241.177.220 saham     Keputusan
      Tahun Fiskal 2024.                                              atau mewakili           ini telah
                                                                      99,849% dari            dituangkan
      Approved no dividend payment for Fiscal Year 2024
                                                                      jumlah suara yang       dalam Akta
      performance.
                                                                      hadir dalam Rapat       Pernyataan
                                                                                              Keputusan
                                                                      1,241,177,220 shares    Rapat Umum
                                                                      or representing         Pemegang                      107
                                                                      99.849% of the          Saham
                                                                      total votes present     Tahunan No.
                                                                      at the Meeting          03, tanggal




                                                                                                                            PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                                              5 Juni 2025,
                                                                                              yang dibuat
                                                                                              di hadapan
                                                                                              Notaris Andalia
                                                                                              Farida, S.H.,
                                                                                              M.H., Notaris di
                                                                                              Jakarta.


                                                                                              This resolution
                                                                                              has been
                                                                                              outlined in
                                                                                              the Deed of
                                                                                              Statement of
                                                                                              Resolutions
                                                                                              of the Annual
                                                                                              General
                                                                                              Meeting of
                                                                                              Shareholders
                                                                                              No. 03, dated
                                                                                              June 5, 2025,
                                                                                              made before
                                                                                              Notary Andalia
                                                                                              Farida, S.H.,
                                                                                              M.H., Notary in
                                                                                              Jakarta.
Page 108
 Kinerja 2025                                                                 Profil Perusahaan             Laporan Manajemen             Analisa dan Pembahasan Manajemen
 2025 Performance                                                             Company Profile               Management Report             Management Discussion and Analysis




                                                                                                                                          AGENDA KETIGA
                                                                                                                                      Jumlah Suara
                                                                                                                                                             Third Agenda
                                                                                                                                       yang Setuju
                                                                                     Keputusan RUPS Tahunan 2025                        Number of                  Realisasi
                                                                                          2025 AGMS Resolution                         Agreed Votes               Realization


                                                                   1. Menyetujui melimpahkan kewenangan kepada Dewan                  1.242.477.220            Keputusan
                                                                     Komisaris dalam rangka pemilihan dan penunjukkan Akuntan         saham atau               ini telah
                                                                     Publik Terdaftar yang akan melaksanakan audit pembukuan          mewakili 99,953%         dituangkan
                                                                     Perseroan untuk tahun buku 2025 serta memberikan                 dari jumlah suara        dalam Akta
                                                                     kewenangan kepada Dewan Komisaris untuk menetapkan               yang hadir dalam         Pernyataan
                                                                     honorarium dan persyaratan lain sehubungan dengan                Rapat                    Keputusan
                                                                     penunjukkan Kantor Akuntan Publik tersebut, dengan dasar                                  Rapat Umum

108                                                                  pertimbangan fleksibilitas dalam penentuan kriteria Kantor       1,242,477,220 shares     Pemegang
                                                                     Akuntan Publik tanpa mengesampingkan kriteria atau               or representing          Saham
                                                                     batasan utama sebagai kantor Akuntan Publik yang memiliki        99,953% of the total     Tahunan No.
                                                                     reputasi yang baik, profesional dan independen serta             votes present at         03, tanggal
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                     terdaftar di Otoritas Jasa Keuangan.                             the Meeting              5 Juni 2025,
                                                                                                                                                               yang dibuat
                                                                   1. Approved to delegate authority to the Board of Commissioners                             di hadapan
                                                                     in the context of selecting and appointing a Registered Public                            Notaris Andalia
                                                                     Accountant who will carry out the audit of the Company’s                                  Farida, S.H.,
                                                                     books for the financial year 2025 and authorize the Board                                 M.H., Notaris di
                                                                     of Commissioners to determine the honorarium and other                                    Jakarta.
                                                                     requirements in connection with the appointment of the
                                                                     Public Accounting Firm, with consideration of flexibility in
                                                                     determining the criteria of the Public Accounting Firm without                            This resolution
                                                                     setting aside the main criteria or limitations as a Public                                has been
                                                                     Accounting firm that has a good reputation, professional                                  outlined in
                                                                     and independent and registered with the Financial Services                                the Deed of
                                                                     Authority.                                                                                Statement of
                                                                                                                                                               Resolutions
                                                                                                                                                               of the Annual
                                                                                                                                                               General
                                                                                                                                                               Meeting of
                                                                                                                                                               Shareholders
                                                                                                                                                               No. 03, dated
                                                                                                                                                               June 5, 2025,
                                                                                                                                                               made before
                                                                                                                                                               Notary Andalia
                                                                                                                                                               Farida, S.H.,
                                                                                                                                                               M.H., Notary in
                                                                                                                                                               Jakarta.
Page 109
Tata Kelola Perusahaan                    Aksi Keberlanjutan         Lembar Tanda Tangan            Laporan Keuangan Audit
Corporate Governance                      Sustainability Action      Signature Sheet                Audited Financial Statements




                                                                            AGENDA KEEMPAT
                                                                                                   Fourth Agenda
                                                                              Jumlah Suara
                                                                               yang Setuju
                    Keputusan RUPS Tahunan 2025                                 Number of                Realisasi
                         2025 AGMS Resolution                                  Agreed Votes             Realization


      1. Menerima dan menyetujui penunjukan Bapak Ganesh                     1.242.362.320           Keputusan
         Chander Grover untuk menduduki jabatan sebagai Presiden             saham atau              ini telah
         Komisaris (Independen) Perseroan.                                   mewakili 99,944%        dituangkan
                                                                             dari jumlah suara       dalam Akta
      1. To accept and approve the appointment of Mr. Ganesh                 yang hadir dalam        Pernyataan
         Chander Grover as the President Commissioner                        Rapat                   Keputusan
         (Independent) of the Company.                                                               Rapat Umum
                                                                                                     Pemegang                      109
      2. Menegaskan susunan anggota Direksi dan Dewan Komisaris              1,242,362,320           Saham

                                                                             shares or               Tahunan No.
         Perseroan untuk sisa periode jabatan, terhitung sejak
                                                                             representing            03, tanggal
         ditutupnya Rapat ini sampai dengan ditutupnya Rapat Umum




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                             99,944% of the          5 Juni 2025,
         Pemegang Saham Tahunan yang akan diselenggarakan
                                                                             total votes present     yang dibuat
         pada tahun 2026, tanpa mengurangi wewenang Rapat Umum
                                                                             at the Meeting          di hadapan
         Pemegang Saham Perseroan untuk sewaktu-waktu
                                                                                                     Notaris Andalia
         memberhentikan atau melakukan perubahan anggota Direksi                                     Farida, S.H.,
         dan/atau Dewan Komisaris Perseroan sesuai dengan                                            M.H., Notaris di
         ketentuan Anggaran Dasar Perseroan dan peraturan                                            Jakarta.
         perundang-undangan yang berlaku, dengan susunan
         sebagai berikut:                                                                            This resolution

         Dewan Komisaris                                                                             has been

         Presiden Komisaris (Independen): Tn. Ganesh Chander Grover                                  outlined in
                                                                                                     the Deed of
         Komisaris Independen: Tn. Widjaya Hambali
                                                                                                     Statement of
         Direksi
                                                                                                     Resolutions
         Presiden Direktur: Tn. Harianda Noerlan
                                                                                                     of the Annual
         Direktur: Tn. Johannes Tong
                                                                                                     General
         Direktur: Tn. Rusbianto Wijaya
                                                                                                     Meeting of
                                                                                                     Shareholders
      2. Reaffirming the composition of the members of the Board of                                  No. 03, dated
         Directors and the Board of Commissioners of the Company                                     June 5, 2025,
         for the remaining term of office, effective from the closing of                             made before
         this Meeting until the closing of the Annual General Meeting                                Notary Andalia
         of Shareholders to be held in 2026, without prejudice to                                    Farida, S.H.,
         the authority of the General Meeting of Shareholders of                                     M.H., Notary in
         the Company to at any time dismiss or make changes to                                       Jakarta.
         the members of the Board of Directors and/or the Board
         of Commissioners of the Company in accordance with the
         Articles of Association of the Company and the prevailing
         laws and regulations, with the composition as follows:
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Kinerja 2025                                                                   Profil Perusahaan            Laporan Manajemen              Analisa dan Pembahasan Manajemen
 2025 Performance                                                              Company Profile              Management Report              Management Discussion and Analysis




                                                                                                                                        Jumlah Suara
                                                                                                                                         yang Setuju
                                                                                Keputusan RUPS Tahunan 2025                              Number of                  Realisasi
                                                                                      2025 AGMS Resolution                              Agreed Votes               Realization




                                                                      Board of Commissioners
                                                                      President Commissioner (Independent):
                                                                      Mr. Ganesh Chander Grover
                                                                      Independent Commissioner: Mr. Widjaya Hambali


                                                                      Board of Directors
                                                                      President Director: Mr. Harianda Noerlan
                                                                      Director : Mr. Johannes Tong
110                                                                   Director : Mr. Rusbianto Wijaya


                                                                   3. Menyetujui sistem remunerasi termasuk gaji atau                 1.242.362.320            Keputusan
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                      honorarium dan tunjangan atau remunerasi lainnya bagi           saham atau               ini telah
                                                                      Anggota Dewan Komisaris Perseroan dengan landasan               mewakili 99,944%         dituangkan

                                                                      perumusan berdasarkan orientasi performance, market             dari jumlah suara        dalam Akta
                                                                                                                                      yang hadir dalam         Pernyataan
                                                                      competitiveness, dan penyelarasan kapasitas finansial
                                                                                                                                      Rapat                    Keputusan
                                                                      Perseroan untuk memenuhinya, serta hal-hal lain yang
                                                                                                                                                               Rapat Umum
                                                                      diperlukan dengan batasan jumlah kolektif sebesar 0,3% dari
                                                                                                                                      1,242,362,320            Pemegang
                                                                      Penjualan Bersih Konsolidasi Perseroan.
                                                                                                                                      shares or                Saham
                                                                                                                                      representing             Tahunan No.
                                                                   3. To approve the remuneration system, including salaries or       99.944% of the           03, tanggal
                                                                      honoraria as well as allowances or other remuneration for       total votes present      5 Juni 2025,
                                                                      members of the Board of Commissioners of the Company,           at the Meeting           yang dibuat
                                                                      formulated based on performance orientation, market                                      di hadapan
                                                                      competitiveness, and alignment with the Company’s                                        Notaris Andalia
                                                                      financial capacity to fulfill such remuneration, as well as                              Farida, S.H.,
                                                                      other necessary matters, with a collective cap of 0.3% of the                            M.H., Notaris di

                                                                      Company’s Consolidated Net Revenue.                                                      Jakarta.


                                                                                                                                                               This resolution
                                                                                                                                                               has been
                                                                                                                                                               outlined in
                                                                                                                                                               the Deed of
                                                                                                                                                               Statement of
                                                                                                                                                               Resolutions
                                                                                                                                                               of the Annual
                                                                                                                                                               General
                                                                                                                                                               Meeting of
                                                                                                                                                               Shareholders
                                                                                                                                                               No. 03, dated
                                                                                                                                                               June 5, 2025,
                                                                                                                                                               made before
                                                                                                                                                               Notary Andalia
                                                                                                                                                               Farida, S.H.,
                                                                                                                                                               M.H., Notary in
                                                                                                                                                               Jakarta.
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Tata Kelola Perusahaan                   Aksi Keberlanjutan           Lembar Tanda Tangan           Laporan Keuangan Audit
Corporate Governance                     Sustainability Action        Signature Sheet               Audited Financial Statements




                                                                               Jumlah Suara
                                                                                yang Setuju
                    Keputusan RUPS Tahunan 2025                                  Number of               Realisasi
                         2025 AGMS Resolution                                   Agreed Votes            Realization


      4. Memberikan wewenang kepada Dewan Komisaris untuk                     1.242.362.320          Keputusan
         merancang, menetapkan dan memberlakukan sistem                       saham atau             ini telah
         remunerasi termasuk honorarium, tunjangan, gaji, bonus               mewakili 99,944%       dituangkan
         dan atau remunerasi lainnya bagi anggota Direksi Perseroan           dari jumlah suara      dalam Akta
         dengan landasan perumusan berdasarkan orientasi                      yang hadir dalam       Pernyataan
         performance, market competitiveness, dan penyelarasan                Rapat                  Keputusan
         kapasitas finansial Perseroan untuk memenuhinya serta hal-                                  Rapat Umum
         hal lain yang diperlukan.                                            1,242,362,320          Pemegang                      111
                                                                              shares or              Saham
      4. To grant authority to the Board of Commissioners to design,          representing           Tahunan No.
         determine, and implement the remuneration system,                    99,944% of the         03, tanggal




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
         including honoraria, allowances, salaries, bonuses, and/or           total votes present    5 Juni 2025,
         other remuneration for members of the Board of Directors of          at the Meeting         yang dibuat
         the Company, formulated based on performance orientation,                                   di hadapan
         market competitiveness, and alignment with the Company’s                                    Notaris Andalia
         financial capacity to fulfill such remuneration, as well as other                           Farida, S.H.,
         necessary matters.                                                                          M.H., Notaris di
                                                                                                     Jakarta.


                                                                                                     This resolution
                                                                                                     has been
                                                                                                     outlined in
                                                                                                     the Deed of
                                                                                                     Statement of
                                                                                                     Resolutions
                                                                                                     of the Annual
                                                                                                     General
                                                                                                     Meeting of
                                                                                                     Shareholders
                                                                                                     No. 03, dated
                                                                                                     June 5, 2025,
                                                                                                     made before
                                                                                                     Notary Andalia
                                                                                                     Farida, S.H.,
                                                                                                     M.H., Notary in
                                                                                                     Jakarta.
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Kinerja 2025                                                                   Profil Perusahaan            Laporan Manajemen               Analisa dan Pembahasan Manajemen
 2025 Performance                                                              Company Profile              Management Report               Management Discussion and Analysis




                                                                                                                                         Jumlah Suara
                                                                                                                                          yang Setuju
                                                                                Keputusan RUPS Tahunan 2025                               Number of                  Realisasi
                                                                                     2025 AGMS Resolution                                Agreed Votes               Realization


                                                                   5. Memberikan wewenang dan kuasa dengan hak substitusi              1.242.362.320            Keputusan
                                                                      kepada Direksi Perseroan untuk melakukan segala tindakan         saham atau               ini telah
                                                                      sehubungan dengan penetapan dan pengangkatan                     mewakili 99,944%         dituangkan
                                                                      susunan anggota Dewan Komisaris dan Direksi Perseroan            dari jumlah suara        dalam Akta
                                                                      tersebut di atas, termasuk tetapi tidak terbatas                 yang hadir dalam         Pernyataan
                                                                      memberitahukannya kepada Menteri Hukum dan Hak Asasi             Rapat                    Keputusan
                                                                      Manusia Republik Indonesia sesuai dengan peraturan                                        Rapat Umum

112                                                                   perundang-undangan yang berlaku, mendaftarkan susunan            1,242,362,320            Pemegang
                                                                      anggota Dewan Komisaris dan Direksi tersebut dalam Daftar        shares or                Saham
                                                                      Perusahaan dan mengajukan serta menandatangani semua             representing             Tahunan No.
                                                                      permohonan dan/atau dokumen lainnya yang diperlukan              99,944% of the           03, tanggal
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                      tanpa ada yang dikecualikan sesuai dengan peraturan dan          total votes present      5 Juni 2025,
                                                                      perundang-undangan yang berlaku.                                 at the Meeting           yang dibuat
                                                                                                                                                                di hadapan
                                                                   5. To grant authority and power with the right of substitution to                            Notaris Andalia
                                                                      the Board of Directors of the Company to take all actions in                              Farida, S.H.,
                                                                      connection with the determination and appointment of the                                  M.H., Notaris di
                                                                      composition of the members of the Board of Commissioners                                  Jakarta.
                                                                      and the Board of Directors of the Company as mentioned
                                                                      above, including but not limited to notifying the Minister                                Resolutions
                                                                      of Law and Human Rights of the Republic of Indonesia                                      of the Annual
                                                                      in accordance with the prevailing laws and regulations,                                   General
                                                                      registering the composition of the members of the Board of                                Meeting of
                                                                      Commissioners and the Board of Directors in the Company                                   Shareholders
                                                                      Register and submitting and signing all applications and/                                 No. 03, dated
                                                                      or other necessary documents without any exception in                                     June 5, 2025,
                                                                      accordance with the prevailing laws and regulations.                                      made before
                                                                                                                                                                Notary Andalia
                                                                                                                                                                Farida, S.H.,
                                                                                                                                                                M.H., Notary in
                                                                                                                                                                Jakarta.
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Tata Kelola Perusahaan                   Aksi Keberlanjutan        Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                     Sustainability Action     Signature Sheet                     Audited Financial Statements




    Rapat Umum Pemegang Saham pada Tahun                         General Meeting of Shareholders in the Previous
    Sebelumnya                                                   Year

    Pada tahun 2024, Perseroan menyelenggarakan                  In 2024, the Company held Annual General Meeting of

    Rapat Umum Pemegang Saham Tahunan (RUPST)                    Shareholders (AGMS) for the fiscal year 2023 on May
    untuk tahun buku 2023 pada tanggal 29 Mei 2024.              29, 2024. The AGMS for the financial year 2023 was
    RUPST tahun buku 2023 dilaksanakan di Hotel Aryaduta         held at Aryaduta Hotel Jakarta, located at Jl. Prajurit
    Jakarta, beralamat di Jl. Prajurit KKO Usman dan Harun       KKO Usman dan Harun No. 44-48, Jakarta. The AGMS
    No. 44-48, Jakarta. RUPST dihadiri oleh 948.864.991          was attended by 948,864,991 shares, representing
    saham, atau mewakili 54,464% dari 1.742.167.907              54.464% of the 1,742,167,907 shares representing the
    saham yang merupakan jumlah seluruh saham yang
    ditempatkan dan disetor penuh.
                                                                 total issued and fully paid shares.                                  113

    Jadwal RUPST tersebut diumumkan pada tanggal 22              The AGMS schedule was announced on April 22, 2024
                                                                 through the Company’s website, the Indonesia Stock




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
    April 2024 melalui situs web Perseroan, situs web Bursa
    Efek Indonesia dan situs web eAsy.KSEI. Perseroan            Exchange website and the eAsy.KSEI website. The
    menyampaikan pemanggilan rapat pada tanggal 7                Company submitted the meeting invitation on May 7,
    Mei 2024 melalui situs web Perseroan, situs web Bursa        2024 through the Company’s website, the Indonesia
    Efek Indonesia dan situs web eAsy.KSEI.                      Stock Exchange website and the eAsy.KSEI website.


    Kehadiran Manajemen                                          Management Presence
    Pada RUPST tahun 2024, manajemen yang hadir                  At the 2024 AGMS, the management who attended this
    dalam rapat ini sebagai berikut:                             meeting were as follows:




                                   Manajemen                                   Jabatan
                                   Management                                     Title

                                                                        Komisaris Independen
                                 Widjaya Hambali
                                                                      Independent Commissioner


                                                                           Presiden Direktur
                                 Harianda Noerlan
                                                                           President Director


                                                                                Direktur
                                 Rusbianto Wijaya
                                                                                Director


                                                                                Direktur
                                 Johannes Tong
                                                                                Director
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Kinerja 2025                                                                  Profil Perusahaan            Laporan Manajemen             Analisa dan Pembahasan Manajemen
 2025 Performance                                                             Company Profile              Management Report             Management Discussion and Analysis




                                                                                                                                      AGENDA PERTAMA
                                                                                                                                                             First Agenda
                                                                                                                                       Jumlah Suara
                                                                                                                                        yang Setuju
                                                                                   Keputusan RUPS Tahunan 2024                          Number of                 Realisasi
                                                                                        2024 AGMS Resolution                           Agreed Votes              Realization


                                                                   1. Menerima baik dan menyetujui Laporan Tahunan Perseroan           948.864.991            Keputusan
                                                                    terkait laporan tugas pengurusan Direksi Perseroan dan             saham atau             ini telah
                                                                    laporan tugas pengawasan Dewan Komisaris Perseroan                 mewakili               dituangkan
                                                                    mengenai keadaan dan operasional kegiatan usaha                    100% dari              dalam Akta
                                                                    Perseroan, laporan Komite Audit, serta Tata Usaha Keuangan         jumlah suara           Pernyataan
                                                                    Perseroan untuk tahun buku yang berakhir pada tanggal              yang hadir             Keputusan
                                                                    31 Desember 2023 termasuk antara lain setiap kebijakan,            dalam Rapat            Rapat Umum
114                                                                 keputusan, kesepakatan, persetujuan terkait kerjasama                                     Pemegang
                                                                    diantaranya dengan berbagai institusi profesi penunjang            948,864,991            Saham
                                                                    maupun relasi, divestasi aset, investasi, program pengadaan,       shares or              Tahunan No.
                                                                    pembelian, utang piutang antar Perseroan dengan anak               representing           11, tanggal
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                    perusahaan Perseroan maupun antara anak perusahaan                 100% of the            29 Mei 2024,
                                                                    Perseroan (intercompany loans), kebijakan sistem                   total votes            yang dibuat
                                                                    administrasi laporan keuangan, perjanjian-perjanjian fasilitas     present at             di hadapan
                                                                    kredit berikut dengan perubahan/tanggung jawab sosial              the Meeting            Notaris Andalia
                                                                    (Corporate Social Responsibility) yang dipaparkan dalam                                   Farida, S.H.,
                                                                    Laporan Keberlanjutan, serta hal-hal lainnya sebagaimana                                  M.H., Notaris di
                                                                    secara umum telah dipaparkan dan dijelaskan dalam                                         Jakarta.
                                                                    Laporan Tahunan Perseroan dan dalam Rapat.
                                                                                                                                                              This resolution
                                                                   1. Accepted and approved the Company’s Annual Report                                       has been
                                                                    related to the management report of the Company’s Board of                                outlined in
                                                                    Directors and the supervisory report of the Company’s Board                               the Deed of
                                                                    of Commissioners regarding the condition and operation                                    Satement of
                                                                    of the Company’s business activities, the Audit Committee                                 Resolutions
                                                                    report, as well as the Company’s Financial Administration for                             of the Annual
                                                                    the fiscal year ended December 31, 2023 including, among                                  General
                                                                    others, any policies, decisions, agreements, approvals related                            Meeting of
                                                                    to cooperation including with various supporting professional                             Shareholders
                                                                    institutions and relationships, asset divestments, investments,                           No. 11, dated
                                                                    procurement programs, purchases, payables and receivables                                 May 29, 2024,
                                                                    between the Company and the Company’s subsidiaries                                        made before
                                                                    or between the Company’s subsidiaries (intercompany                                       Notary Andalia
                                                                    loans), financial report administration system policies, credit                           Farida, S.H.,
                                                                    facility agreements along with changes / Corporate Social                                 M.H., Notary in
                                                                    Responsibility described in the Sustainability Report, and                                Jakarta.
                                                                    other matters as generally described and explained in the
                                                                    Company’s Annual Report and in the Meeting.
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Tata Kelola Perusahaan                  Aksi Keberlanjutan            Lembar Tanda Tangan       Laporan Keuangan Audit
Corporate Governance                    Sustainability Action         Signature Sheet           Audited Financial Statements




                                                                               Jumlah Suara
                                                                                yang Setuju
                     Keputusan RUPS Tahunan 2024                                 Number of           Realisasi
                         2024 AGMS Resolution                                   Agreed Votes        Realization


      2. Menyetujui dan mengesahkan Laporan Posisi Keuangan                      948.864.991        Keputusan
         (Neraca), Laporan Laba Rugi dan Penghasilan Komprehensif                saham atau         ini telah
         Lain untuk tahun buku 2023 yang dimuat dalam Laporan                    mewakili           dituangkan
         Keuangan Konsolidasian untuk tahun buku yang berakhir                   100% dari          dalam Akta
         pada tanggal 31 Desember 2023 sebagaimana telah diaudit                 jumlah suara       Pernyataan
         oleh Kantor Akuntan Publik Amir Abadi Jusuf, Aryanto,                   yang hadir         Keputusan
         Mawar dan Rekan, dengan opini Wajar termuat dalam surat                 dalam Rapat        Rapat Umum
         laporannya tertanggal 28 Maret 2024 Nomor 00261/2.1030/                                    Pemegang
                                                                                                                               115
         AU.1/06/1115-3/1/III/2024 dan memberikan pembebasan                     948,864,991        Saham
         dan pelunasan (acquit et de charge) sepenuhnya kepada                   shares or          Tahunan No.
         seluruh anggota Direksi dan Dewan Komisaris Perseroan                   representing       11, tanggal




                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
         dalam arti seluas-luasnya sebagaimana tercermin dalam                   100% of the        29 Mei 2024,
         uraian Laporan Direksi dan Laporan Dewan Komisaris                      total votes        yang dibuat
         Perseroan serta dalam Laporan Keuangan Perseroan selama                 present at         di hadapan
         tahun buku 2023 dari tanggung jawab tindakan pengurusan                 the Meeting        Notaris Andalia
         serta pengawasan yang telah dijalankan selama tahun buku                                   Farida, S.H.,
         2023 dan sampai dengan tanggal ditutupnya Rapat pada                                       M.H., Notaris di
         hari ini.                                                                                  Jakarta.


      2. Approve and ratify the Statement of Financial Position                                     This resolution
         (Balance Sheet), Income Statement and Other                                                has been
         Comprehensive Income for the financial year 2023 contained                                 outlined in
         in the Consolidated Financial Statements for the financial                                 the Deed of
         year ended December 31, 2023 as audited by the Public                                      Satement of
         Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar and                                       Resolutions
         Partners, with a Reasonable opinion contained in its report                                of the Annual
         letter dated March 28, 2024 Number 00261/2.1030 / AU.1                                     General
         /06/1115-3/1/III/2024 and to grant full release and discharge                              Meeting of
         (acquit et de charge) to all members of the Board of                                       Shareholders
         Directors and the Board of Commissioners of the Company                                    No. 11, dated
         in the broadest sense as reflected in the description of the                               May 29, 2024,
         Board of Directors’ Report and the Board of Commissioners’                                 made before
         Report of the Company as well as in the Company’s                                          Notary Andalia
         Financial Statements during the financial year 2023 from the                               Farida, S.H.,
         responsibility for management and supervisory actions that                                 M.H., Notary in
         have been carried out during the financial year 2023 and up                                Jakarta.
         to the date of the closing of the Meeting on this day.
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Kinerja 2025                                                                  Profil Perusahaan         Laporan Manajemen           Analisa dan Pembahasan Manajemen
 2025 Performance                                                             Company Profile            Management Report          Management Discussion and Analysis




                                                                                                                                     AGENDA KEDUA
                                                                                                                                                    Second Agenda
                                                                                                                                Jumlah Suara
                                                                                                                                 yang Setuju
                                                                               Keputusan RUPS Tahunan 2024                        Number of                  Realisasi
                                                                                    2024 AGMS Resolution                         Agreed Votes               Realization


                                                                   Menyetujui tidak melakukan pembayaran dividen atas kinerja   948.864.991 saham        Keputusan
                                                                   Tahun Fiskal 2023.                                           atau mewakili 100%       ini telah
                                                                                                                                dari jumlah suara        dituangkan
                                                                                                                                yang hadir dalam         dalam Akta
                                                                   Approved no dividend payment for Fiscal Year 2023            Rapat                    Pernyataan
                                                                   performance.                                                                          Keputusan
                                                                                                                                948,864,991 shares       Rapat Umum
116                                                                                                                             or representing          Pemegang
                                                                                                                                100% of the total        Saham
                                                                                                                                votes present at         Tahunan No.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                the Meeting              11, tanggal
                                                                                                                                                         29 Mei 2024,
                                                                                                                                                         yang dibuat
                                                                                                                                                         di hadapan
                                                                                                                                                         Notaris Andalia
                                                                                                                                                         Farida, S.H.,
                                                                                                                                                         M.H., Notaris di
                                                                                                                                                         Jakarta.


                                                                                                                                                         This resolution
                                                                                                                                                         has been
                                                                                                                                                         outlined in
                                                                                                                                                         the Deed of
                                                                                                                                                         Statement of
                                                                                                                                                         Resolutions
                                                                                                                                                         of the Annual
                                                                                                                                                         General
                                                                                                                                                         Meeting of
                                                                                                                                                         Shareholders
                                                                                                                                                         No. 11, dated
                                                                                                                                                         May 29, 2024,
                                                                                                                                                         made before
                                                                                                                                                         Notary Andalia
                                                                                                                                                         Farida, S.H.,
                                                                                                                                                         M.H., Notary in
                                                                                                                                                         Jakarta.
Page 117
Tata Kelola Perusahaan                     Aksi Keberlanjutan            Lembar Tanda Tangan          Laporan Keuangan Audit
Corporate Governance                        Sustainability Action        Signature Sheet              Audited Financial Statements




                                                                                      AGENDA KETIGA
                                                                                                      Third Agenda
                                                                                  Jumlah Suara
                                                                                   yang Setuju
                      Keputusan RUPS Tahunan 2024                                   Number of              Realisasi
                           2024 AGMS Resolution                                    Agreed Votes           Realization


      1.   Menyetujui melimpahkan kewenangan kepada Dewan                        948.864.991 saham     Keputusan
           Komisaris dalam rangka pemilihan dan penunjukkan                      atau mewakili 100%    ini telah
           Akuntan Publik Terdaftar yang akan melaksanakan audit                 dari jumlah suara     dituangkan
           pembukuan Perseroan untuk tahun buku 2024 serta                       yang hadir dalam      dalam Akta
           memberikan kewenangan kepada Dewan Komisaris untuk                    Rapat                 Pernyataan
           menetapkan honorarium dan persyaratan lain sehubungan                                       Keputusan
           dengan penunjukkan Kantor Akuntan Publik tersebut, dengan             948,864,991 shares    Rapat Umum
                                                                                                                                     117
           dasar pertimbangan fleksibilitas dalam penentuan kriteria             or representing       Pemegang
           Kantor Akuntan Publik tanpa mengesampingkan kriteria atau             100% of the total     Saham
           batasan utama sebagai kantor Akuntan Publik yang memiliki             votes present at      Tahunan No.




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
           reputasi yang baik, professional dan independen serta                 the Meeting           11, tanggal
           terdaftar di Otoritas Jasa Keuangan.                                                        29 Mei 2024,
                                                                                                       yang dibuat
                                                                                                       di hadapan
                                                                                                       Notaris Andalia
      1.   Approved to delegate authority to the Board of
                                                                                                       Farida, S.H.,
           Commissioners in the context of selecting and appointing
                                                                                                       M.H., Notaris di
           a Registered Public Accountant who will carry out the
                                                                                                       Jakarta.
           audit of the Company’s books for the financial year 2024
           and authorize the Board of Commissioners to determine
                                                                                                       This resolution
           the honorarium and other requirements in connection
                                                                                                       has been
           with the appointment of the Public Accounting Firm, with
                                                                                                       outlined in
           consideration of flexibility in determining the criteria of the
                                                                                                       the Deed of
           Public Accounting Firm without setting aside the main criteria
                                                                                                       Statement of
           or limitations as a Public Accounting firm that has a good
                                                                                                       Resolutions
           reputation, professional and independent and registered with
                                                                                                       of the Annual
           the Financial Services Authority.
                                                                                                       General
                                                                                                       Meeting of
                                                                                                       Shareholders
                                                                                                       No. 11, dated
                                                                                                       May 29, 2024,
                                                                                                       made before
                                                                                                       Notary Andalia
                                                                                                       Farida, S.H.,
                                                                                                       M.H., Notary in
                                                                                                       Jakarta.
Page 118
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 2025 Performance                                                               Company Profile             Management Report              Management Discussion and Analysis




                                                                                                                                       AGENDA KEEMPAT
                                                                                                                                                            Fourth Agenda
                                                                                                                                       Jumlah Suara
                                                                                                                                        yang Setuju
                                                                                  Keputusan RUPS Tahunan 2024                            Number of                  Realisasi
                                                                                       2024 AGMS Resolution                             Agreed Votes               Realization


                                                                   1.   Menegaskan kembali susunan anggota Dewan                       948.864.991 saham        Keputusan
                                                                        Komisaris dan Direksi Perseroan termasuk Komisaris             atau mewakili 100%       ini telah
                                                                        Independen Perseroan untuk sisa masa jabatan sampai            dari jumlah suara        dituangkan
                                                                        dengan ditutupnya Rapat Umum Pemegang Saham
                                                                                                                                       yang hadir dalam         dalam Akta
                                                                        Tahunan Perseroan untuk tahun buku 2025 yang akan
                                                                                                                                       Rapat                    Pernyataan
                                                                        diselenggarakan pada tahun 2026 tanpa mengurangi
                                                                        wewenang Rapat Umum Pemegang Saham Perseroan                                            Keputusan
                                                                        sebagai organ tertinggi Perseroan untuk dapat sewaktu-         948,864,991 shares       Rapat Umum
118                                                                     waktu melakukan pengangkatan dan/atau perubahan                or representing          Pemegang
                                                                        susunan anggota Direksi dan/atau Dewan Komisaris               100% of the total        Saham
                                                                        Perseroan sesuai dengan ketentuan Anggaran Dasar
                                                                                                                                       votes present at         Tahunan No.
                                                                        Perseroan dan peraturan perundang-undangan yang
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                       the Meeting              11, tanggal
                                                                        berlaku, dengan susunan sebagai berikut:
                                                                                                                                                                29 Mei 2024,
                                                                        Dewan Komisaris                                                                         yang dibuat
                                                                        Presiden Komisaris Independen: Tn. Teguh Pudjowigoro                                    di hadapan
                                                                        Komisaris Independen: Tn. Widjaya Hambali                                               Notaris Andalia
                                                                        Direksi                                                                                 Farida, S.H.,
                                                                        Presiden Direktur: Tn. Harianda Noerlan                                                 M.H., Notaris di
                                                                        Direktur: Tn. Johannes Tong
                                                                                                                                                                Jakarta.
                                                                        Direktur: Tn. Rusbianto Wijaya

                                                                                                                                                                This resolution
                                                                   1.   Reaffirming the composition of the members of the Board of
                                                                                                                                                                has been
                                                                        Commissioners and the Board of Directors of the Company
                                                                        including the Independent Commissioner of the Company                                   outlined in
                                                                        for the remaining term of office until the closing of the                               the Deed of
                                                                        Annual General Meeting of Shareholders of the Company                                   Statement of
                                                                        for the financial year 2025 which will be held in 2026                                  Resolutions
                                                                        without prejudice to the authority of the General Meeting of
                                                                                                                                                                of the Annual
                                                                        Shareholders of the Company as the highest organ of the
                                                                                                                                                                General
                                                                        Company to be able to at any time make appointments
                                                                        and/or changes to the composition of the members of the                                 Meeting of
                                                                        Board of Directors and/or the Board of Commissioners of the                             Shareholders
                                                                        Company in accordance with the provisions of the Articles                               No. 11, dated
                                                                        of Association of the Company and the prevailing laws and                               May 29, 2024,
                                                                        regulations, with the following composition:
                                                                                                                                                                made before
                                                                                                                                                                Notary Andalia
                                                                        Board of Commissioners
                                                                                                                                                                Farida, S.H.,
                                                                        Independent President Commissioner: Mr. Teguh Pudjowigoro
                                                                                                                                                                M.H., Notary in
                                                                        Independent Commissioner: Mr. Widjaya Hambali
                                                                                                                                                                Jakarta.
                                                                        Board of Directors
                                                                        President Director: Mr. Harianda Noerlan
                                                                        Director : Mr. Johannes Tong
                                                                        Director : Mr. Rusbianto Wijaya
Page 119
Tata Kelola Perusahaan                   Aksi Keberlanjutan         Lembar Tanda Tangan          Laporan Keuangan Audit
Corporate Governance                     Sustainability Action      Signature Sheet              Audited Financial Statements




                                                                             Jumlah Suara
                                                                              yang Setuju
                   Keputusan RUPS Tahunan 2024                                 Number of              Realisasi
                        2024 AGMS Resolution                                  Agreed Votes           Realization


      2. Memberikan wewenang kepada Presiden Komisaris dengan               948.864.991 saham     Keputusan
         mempertimbangkan rekomendasi Komite Nominasi Dan                   atau mewakili 100%    ini telah
         Remunerasi Emiten untuk merancang, menetapkan dan                  dari jumlah suara     dituangkan
         memberlakukan sistem remunerasi termasuk honorarium,               yang hadir dalam      dalam Akta
         tunjangan, gaji, bonus dan atau remunerasi lainnya bagi            Rapat                 Pernyataan
         anggota Dewan Komisaris Perseroan dengan landasan                                        Keputusan
         perumusan berdasarkan orientasi performance, market                948,864,991 shares    Rapat Umum
                                                                                                                                119
         competitiveness dan penyelarasan kapasitas finansial               or representing       Pemegang
         Perseroan untuk memenuhinya serta hal-hal lain yang                100% of the total     Saham
         diperlukan.                                                        votes present at      Tahunan No.




                                                                                                                                PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                            the Meeting           11, tanggal
      2. To authorize the President Commissioner by considering                                   29 Mei 2024,
         the recommendation of the Nomination and Remuneration                                    yang dibuat
         Committee of the Issuer to design, establish and enforce                                 di hadapan
         the remuneration system including honorarium, allowances,                                Notaris Andalia
         salaries, bonuses and or other remuneration for members                                  Farida, S.H.,
         of the Board of Commissioners of the Company on the basis                                M.H., Notaris di
         of formulation based on performance orientation, market                                  Jakarta.
         competitiveness and alignment of the Company’s financial
         capacity to fulfill it and other matters necessary.                                      This resolution
                                                                                                  has been
                                                                                                  outlined in
                                                                                                  the Deed of
                                                                                                  Statement of
                                                                                                  Resolutions
                                                                                                  of the Annual
                                                                                                  General
                                                                                                  Meeting of
                                                                                                  Shareholders
                                                                                                  No. 11, dated
                                                                                                  May 29, 2024,
                                                                                                  made before
                                                                                                  Notary Andalia
                                                                                                  Farida, S.H.,
                                                                                                  M.H., Notary in
                                                                                                  Jakarta.
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 Kinerja 2025                                                                  Profil Perusahaan             Laporan Manajemen        Analisa dan Pembahasan Manajemen
 2025 Performance                                                              Company Profile               Management Report        Management Discussion and Analysis




                                                                                                                                  Jumlah Suara
                                                                                                                                   yang Setuju
                                                                                Keputusan RUPS Tahunan 2024                         Number of                  Realisasi
                                                                                      2024 AGMS Resolution                         Agreed Votes               Realization


                                                                   3. Memberikan wewenang kepada Dewan Komisaris dengan           948.864.991 saham        Keputusan
                                                                      mempertimbangkan rekomendasi Komite Nominasi dan            atau mewakili 100%       ini telah
                                                                      Remunerasi Emiten untuk merancang, menetapkan dan           dari jumlah suara        dituangkan
                                                                      memberlakukan sistem remunerasi termasuk honorarium,        yang hadir dalam         dalam Akta
                                                                      tunjangan, gaji, bonus dan atau remunerasi lainnya bagi     Rapat                    Pernyataan
                                                                      anggota Direksi Perseroan dengan landasan perumusan                                  Keputusan
                                                                      berdasarkan orientasi performance, market competitiveness   948,864,991 shares       Rapat Umum
                                                                      dan penyelarasan kapasitas finansial Perseroan untuk        or representing          Pemegang
120                                                                   memenuhinya serta hal-hal lain yang diperlukan.             100% of the total        Saham
                                                                                                                                  votes present at         Tahunan No.
                                                                   3. To authorize the Board of Commissioners by considering      the Meeting              11, tanggal
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                      the recommendation of the Nomination and Remuneration                                29 Mei 2024,
                                                                      Committee of the Issuer to design, establish and enforce                             yang dibuat
                                                                      the remuneration system including honorarium, allowances,                            di hadapan
                                                                      salaries, bonuses and or other remuneration for members                              Notaris Andalia
                                                                      of the Board of Directors of the Company on the basis of                             Farida, S.H.,
                                                                      formulation based on performance orientation, market                                 M.H., Notaris di
                                                                      competitiveness and alignment of the Company’s financial                             Jakarta.
                                                                      capacity to fulfill it and other matters required.
                                                                                                                                                           This resolution
                                                                                                                                                           has been
                                                                                                                                                           outlined in
                                                                                                                                                           the Deed of
                                                                                                                                                           Statement of
                                                                                                                                                           Resolutions
                                                                                                                                                           of the Annual
                                                                                                                                                           General
                                                                                                                                                           Meeting of
                                                                                                                                                           Shareholders
                                                                                                                                                           No. 11, dated
                                                                                                                                                           May 29, 2024,
                                                                                                                                                           made before
                                                                                                                                                           Notary Andalia
                                                                                                                                                           Farida, S.H.,
                                                                                                                                                           M.H., Notary in
                                                                                                                                                           Jakarta.
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Tata Kelola Perusahaan                  Aksi Keberlanjutan            Lembar Tanda Tangan          Laporan Keuangan Audit
Corporate Governance                    Sustainability Action         Signature Sheet              Audited Financial Statements




                                                                               Jumlah Suara
                                                                                yang Setuju
                   Keputusan RUPS Tahunan 2024                                   Number of              Realisasi
                        2024 AGMS Resolution                                    Agreed Votes           Realization


      4. Memberikan wewenang dan kuasa dengan hak substitusi                  948.864.991 saham     Keputusan
         kepada Direksi Perseroan untuk melakukan segala tindakan             atau mewakili 100%    ini telah
                                                                              dari jumlah suara     dituangkan
         sehubungan dengan penetapan dan pengangkatan
                                                                              yang hadir dalam      dalam Akta
         susunan anggota Dewan Komisaris dan Direksi Perseroan
                                                                              Rapat                 Pernyataan
         tersebut di atas, termasuk tetapi tidak terbatas                                           Keputusan
         memberitahukannya kepada Menteri Hukum dan Hak Asasi                 948,864,991 shares    Rapat Umum
         Manusia Republik Indonesia sesuai dengan peraturan                   or representing       Pemegang
         perundang-undangan yang berlaku, mendaftarkan susunan                100% of the total
                                                                              votes present at
                                                                                                    Saham
                                                                                                    Tahunan No.
                                                                                                                                  121
         anggota Dewan Komisaris dan Direksi tersebut dalam Daftar
                                                                              the Meeting           11, tanggal
         Perusahaan dan mengajukan serta menandatangani semua
                                                                                                    29 Mei 2024,
         permohonan dan/atau dokumen lainnya yang diperlukan                                        yang dibuat




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
         tanpa ada yang dikecualikan sesuai dengan peraturan dan                                    di hadapan
         perundang-undangan yang berlaku.                                                           Notaris Andalia
                                                                                                    Farida, S.H.,
                                                                                                    M.H., Notaris di
      4. To grant authority and power with the right of substitution to
                                                                                                    Jakarta.
         the Board of Directors of the Company to take all actions in
         connection with the determination and appointment of the                                   This resolution
         composition of the members of the Board of Commissioners                                   has been
         and the Board of Directors of the Company as mentioned                                     outlined in
         above, including but not limited to notifying the Minister                                 the Deed of
                                                                                                    Statement of
         of Law and Human Rights of the Republic of Indonesia
                                                                                                    Resolutions
         in accordance with the prevailing laws and regulations,
                                                                                                    of the Annual
         registering the composition of the members of the Board of                                 General
         Commissioners and the Board of Directors in the Company                                    Meeting of
         Register and submitting and signing all applications and/                                  Shareholders
         or other necessary documents without any exception in                                      No. 11, dated
                                                                                                    May 29, 2024,
         accordance with the prevailing laws and regulations.
                                                                                                    made before
                                                                                                    Notary Andalia
                                                                                                    Farida, S.H.,
                                                                                                    M.H., Notary in
                                                                                                    Jakarta.
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                                                                   Rapat Umum Pemegang Saham Luar Biasa (RUPSLB)          Extraordinary General Meeting of Shareholders (EGMS)
                                                                   Sepanjang tahun 2024 hingga 2025, Perseroan tidak      Throughout 2024 to 2025, the Company did not hold any

122                                                                menyelenggarakan Rapat Umum Pemegang Saham             Extraordinary General Meetings of Shareholders (EGMS).
                                                                   Luar Biasa (RUPSLB).
 PT First Media Tbk | Annual Report & Sustainability Report 2025
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Tata Kelola Perusahaan   Aksi Keberlanjutan      Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                      123




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
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 2025 Performance                                                                 Company Profile              Management Report                    Management Discussion and Analysis




                                                                   Dewan Komisaris
                                                                   Board of Commissioners

                                                                   Sesuai dengan perundang-undangan yang berlaku,                  In accordance with the applicable laws and regulations,
                                                                   Dewan Komisaris adalah organ Perseroan yang                     the Board of Commissioners is the organ of the
                                                                   mewakili pemegang saham untuk melakukan                         Company representing the shareholders in conducting
                                                                   fungsi pengawasan atas pelaksanaan kebijakan                    supervisory function on the implementation of policies
                                                                   dan strategi Perseroan yang dilakukan oleh Direksi              and strategies of the Company conducted by the Board
                                                                   dan memberikan arahan/nasihat kepada Direksi                    of Directors and giving directions/advice to the Board
                                                                   dalam pengelolaan Perseroan dengan itikad                       of Directors for the management of the Company
                                                                   yang baik, kehati-hatian dan bertanggung jawab,                 with good intention, prudence and accountability, as
                                                                   serta menjalankan fungsi untuk memperkuat citra                 well as carrying out the function with the purpose to
124                                                                Perseroan di mata masyarakat dan para pemegang                  enhance the image of the Company in the eyes of the
                                                                   saham. Dewan Komisaris bertanggung jawab                        public and shareholders. The Board of Commissioners
                                                                   kepada RUPS. RUPS bertindak sebagai organ yang                  shall be responsible to GMS. GMS shall act as the organ
                                                                   mengangkat dan memberhentikan anggota Dewan                     appointing and dismissing members of the Board of
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Komisaris.                                                      Commissioners.


                                                                   Secara kolektif, tugas Dewan Komisaris adalah                   Collectively, the duties of the Board of Commissioners

                                                                   melakukan pengawasan terhadap pengurusan                        are to supervise the management of the company

                                                                   perusahaan yang dilakukan Direksi serta                         conducted by the Board of Directors and give advice

                                                                   memberikan nasihat berkenaan dengan kebijakan                   related to the policies of the Board of Directors. The

                                                                   Direksi. Kebijakan Direksi dimaksud adalah terkait              said policies of the Board of Directors are related to

                                                                   dengan rencana pengembangan, rencana kerja                      the plans for development, work plan, and annual

                                                                   dan anggaran tahunan Perseroan, pelaksanaan                     budget of the Company, implementation of the

                                                                   ketentuan-ketentuan Anggaran Dasar dan keputusan                provisions of Articles of Association and resolutions of

                                                                   RUPS, serta semua peraturan perundang-undangan                  GMS, as well as all applicable and relevant laws and

                                                                   yang berlaku dan relevan serta memantau                         regulations and monitoring its implementation.

                                                                   pelaksanaannya.


                                                                   Dewan Komisaris Perseroan secara terus-menerus                  The Board of Commissioners of the Company shall

                                                                   memantau efektivitas kebijakan perusahaan, kinerja,             continuously monitors the effectiveness of company

                                                                   dan proses pengambilan keputusan oleh Direksi,                  policies, performance, and decision-making process by

                                                                   termasuk pelaksanaan strategi untuk memenuhi                    the Board of Directors, including the implementation of

                                                                   harapan para pemegang saham dan pemangku                        strategy to meet the expectations of shareholders and

                                                                   kepentingan lainnya. Hasil pengawasan disertai kajian           other stakeholders. The result of supervision along with

                                                                   dan pendapat Dewan Komisaris disampaikan pada                   the reviews and opinions of the Board of Commissioners

                                                                   RUPS sebagai bagian dari penilaian kinerja Direksi.             shall be presented at GMS as part of the assessment of
                                                                                                                                   the Board of Directors’ performance.


                                                                   Dewan Komisaris juga memantau dan melakukan                     The Board of Commissioners also monitors and
                                                                   evaluasi terhadap penerapan GCG, meneliti dan                   evaluates the implementation of GCG, examines and
                                                                   menelaah laporan tahunan yang disiapkan Direksi,                reviews the annual report prepared by the Board
                                                                   serta menandatangani laporan tersebut setelah                   of Directors, and signs the report after the Board of
                                                                   Dewan Komisaris menyetujui isi materi laporan                   Commissioners approves the material content of the
                                                                   tahunan.                                                        annual report.
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    Piagam Dewan Komisaris                                                      Charter of The Board of Commissioners
    Piagam Dewan Komisaris merupakan pedoman kerja                              The Board of Commissioners Charter is a work guideline
    dan kode etik yang berlaku bagi seluruh anggota                             and code of ethics that applies to all members of the
    Dewan Komisaris Perseroan dalam melaksanakan                                Company’s Board of Commissioners in carrying out
    tugasnya agar selaras dengan praktik Tata Kelola                            their duties in line with Good Corporate Governance
    Perusahaan yang Baik. Piagam Dewan Komisaris                                practices. The Charter of the Board of Commissioners
    telah disahkan sejak tanggal 1 Juni 2016, yang                              has been validated since June 1, 2016, signed by all
    ditandatangani oleh seluruh anggota Dewan                                   members of the Board of Commissioners and has been
    Komisaris dan telah diunggah di situs resmi Perseroan                       uploaded to the official website of the Company www.
    www.firstmedia.co.id.                                                       firstmedia.co.id.


    Susunan Dewan Komisaris                                                     Composition of Board Of Commissioners

    Pada RUPST yang diselenggarakan pada 5 Juni                                  At the AGMS held on June 5, 2025, the Meeting
    2025, Rapat menyetujui untuk menegaskan susunan                              approved to confirm the composition of the Board of
    anggota Dewan Komisaris Perseroan terhitung                                  Commissioners of the Company as of the closing of                        125
    sejak penutupan Rapat Umum Pemegang Saham                                    this Annual General Meeting of Shareholders until the
    Tahunan ini sampai dengan penutupan Rapat Umum                               closing of the Annual General Meeting of Shareholders
    Pemegang Saham Tahunan Perseroan untuk tahun                                 of the Company for the fiscal year 2025 which will be




                                                                                                                                                          PT First Media Tbk | Annual Report & Sustainability Report 2025
    buku 2025 yang akan diselenggarakan pada tahun                               held in 2026. The following is the composition of the
    2026. Berikut susunan Dewan Komisaris Perseroan:                             Company’s Board of Commissioners:



                                                 Susunan Dewan Komisaris Sebelumnya
                                           Previous composition of the Board of Commissioners



                Dewan Komisaris                                            Jabatan                                  Pengangkatan
             Board of Commissioners                                          Title                                   Appointment


                                                             Presiden Komisaris (Independen)                          29 Mei 2024
                  Teguh Pudjowigoro*
                                                       President Commissioner (Independent)                           May 29, 2024
                                                                   Komisaris Independen                               29 Mei 2024
                   Widjaya Hambali
                                                               Independent Commissioner                               May 29, 2024




                                                   Susunan Dewan Komisaris Saat Ini
                                         The current composition of the Board of Commissioners



                Dewan Komisaris                                            Jabatan                                  Pengangkatan
             Board of Commissioners                                          Title                                   Appointment


                                                             Presiden Komisaris (Independen)                           5 Juni 2025
                Ganesh Chander Grover
                                                       President Commissioner (Independent)                           June 5, 2025
                                                                   Komisaris Independen                                5 Juni 2025
                   Widjaya Hambali
                                                               Independent Commissioner                               June 5, 2025

    Keterangan | Remarks:
    *Pada tanggal 30 Desember 2024, Bapak Teguh Pudjowigoro meninggal dunia | On December 30, 2024, Mr. Teguh Pudjowigoro passed away
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                                                                   Persyaratan Keanggotaan                                         Membership Requirements
                                                                   Persyaratan formal dan material yang berlaku telah              Formal and material requirements have been
                                                                   dipenuhi oleh seluruh anggota Dewan Komisaris                   complied with by all members of the Board of
                                                                   Perseroan. Persyaratan formal bersifat umum dan                 Commissioners. Formal requirements are general and
                                                                   sesuai peraturan perundang-undangan yang berlaku.               in accordance with the legislation. While the material
                                                                   Sedangkan persyaratan material bersifat khusus,                 requirements are specific and tailored to the needs
                                                                   disesuaikan dengan kebutuhan dan sifat bisnis                   and nature of the company’s business.
                                                                   perusahaan.


                                                                   Persyaratan keanggotaan Dewan Komisaris adalah                  The requirements for membership of the Board of
                                                                   sebagai berikut:                                                Commissioners are as follows:
                                                                   1.   Mempunyai akhlak, moral, dan integritas yang                1. Has good character, morality and integrity;
                                                                        baik;
                                                                   2.   Cakap melakukan perbuatan hukum;                            2. Competent in taking legal actions;

126                                                                3.   Dalam 5 (lima) tahun sebelum pengangkatan                   3. Within 5 (five) years before the appointment
                                                                                                                                       and during the tenure:
                                                                        dan selama menjabat :
                                                                        •   tidak pernah dinyatakan pailit;                            •    has never been declared bankrupt;

                                                                        •   tidak pernah menjadi anggota Direksi                       •    has never held a position as a member of
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                            dan/atau anggota Dewan Komisaris yang                           the Board of Directors and/or a member

                                                                            dinyatakan bersalah menyebabkan suatu                           of the Board of Commissioners who are

                                                                            perusahaan dinyatakan pailit;                                   declared guilty of causing a company
                                                                                                                                            declared bankrupt;
                                                                        •   tidak pernah dihukum karena melakukan                      •    has never been sentenced for committing
                                                                            tindak pidana yang merugikan keuangan                           a criminal offense that has caused state
                                                                            negara dan/atau yang berkaitan dengan                           financial loss and/or that is related to the
                                                                            sektor keuangan; dan                                            financial sector; and
                                                                        •   tidak pernah menjadi anggota Direksi dan/                  •    has never held a position as a member of
                                                                            atau anggota Dewan Komisaris yang selama                        the Board of Directors and/or member of
                                                                            menjabat:                                                       the Board of Commissioners who during
                                                                            i. pernah tidak menyelenggarakan RUPS                           the tenure:
                                                                                Tahunan;                                                    i. has not held an Annual GMS
                                                                            ii. pertanggungjawabannya sebagai                               ii. his/her accountability as a member of
                                                                                anggota Direksi dan/atau anggota                              the Board of Directors and/or member
                                                                                Dewan Komisaris pernah tidak diterima                         of the Board of Commissioners was
                                                                                oleh RUPS atau pernah tidak memberikan                        rejected by GMS or did not give his/her
                                                                                pertanggungjawaban sebagai anggota                            accountability as a member of the Board
                                                                                Direksi dan/atau anggota Dewan Komisaris                      of Directors and/or member of Board of
                                                                                kepada RUPS; dan                                              Commissioners to the GMS; and
                                                                            iii. pernah menyebabkan perusahaan                             iii. has caused a company that obtained
                                                                                yang memperoleh izin, persetujuan, atau                      a license, approval, or registration from
                                                                                pendaftaran dari OJK tidak memenuhi                          OJK to not fulfill the obligation to provide
                                                                                kewajiban untuk memberikan laporan                           annual reports and/or financial reports to
                                                                                tahunan dan/atau laporan keuangan                            OJK;
                                                                                kepada OJK;
                                                                   4.   Memiliki komitmen untuk mematuhi peraturan                  4. Commits to comply with the laws and
                                                                        perundang-undangan; dan                                        regulations; and
                                                                   5.   Memiliki pengetahuan dan/atau keahlian di                   5. Has the knowledge and/or expertise in the
                                                                        bidang yang dibutuhkan Perseroan.                              areas required by the Company.
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    Jabatan anggota Dewan Komisaris akan berakhir                 The position of a member of the Board of
    apabila mengundurkan diri, tidak lagi memenuhi                Commissioners will expire if he/she resigns, no longer
    persyaratan, meninggal dunia, atau diberhentikan              meets the requirements, dies, or is dismissed based on
    berdasarkan keputusan RUPS.                                   the resolution of the GMS.


    Tugas & Tanggung Jawab                                        Duties & Responsibility
    Dewan Komisaris berperan penting dalam                        The Board of Commissioners plays an important
    melaksanakan prinsip-prinsip GCG sesuai fungsi                role in implementing GCG principles in accordance
    pengawasan yang dilakukan. Melalui laporan                    with its supervisory function. Through the reports of
    Direksi dan Komite Audit, Dewan Komisaris                     the Board of Directors and the Audit Committee, the
    memantau dan mengevaluasi pelaksanaan seluruh                 Board of Commissioners monitors and evaluates
    kebijakan strategis Perseroan, termasuk mengenai              the implementation of all strategic policies of
    efektivitas penerapan manajemen risiko dan                    the Company, including the effectiveness of risk
    pengendalian internal. Selain itu, Dewan Komisaris            management and internal control. In addition,
    bertanggung jawab mengawasi manajemen                         the Board of Commissioners is responsible                           127
    operasional Perseroan yang dilaksanakan oleh                  for overseeing the Company’s operational
    Direksi dan memberikan nasihat kepada Direksi                 management carried out by the Board of Directors
    apabila diperlukan, sesuai dengan ketentuan yang              and providing advice to the Board of Directors when




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
    ditetapkan dalam Anggaran Dasar, Keputusan RUPS               necessary, in accordance with the provisions set
    Perseroan, peraturan serta undang-undang yang                 out in the Articles of Association, the Company’s
    berlaku. Terkait dengan RUPS, Dewan Komisaris                 GMS Resolution, regulations and applicable laws. In
    memiliki tugas dan tanggung jawab antara lain                 relation to the GMS, the Board of Commissioners has
    memberikan pendapat dan saran mengenai                        duties and responsibilities, among others, to provide
    rencana kerja dan anggaran tahunan Perseroan,                 opinions and suggestions regarding the Company’s
    melaporkan segera jika terjadi penurunan kinerja              annual work plan and budget, report immediately
    Perseroan, menelaah dan menandatangani                        if there is a decline in the Company’s performance,
    Laporan Tahunan, serta mempertanggungjawabkan                 review and sign the Annual Report, and account for
    pelaksanaan tugasnya kepada RUPS.                             the implementation of its duties to the GMS.


    Independensi Dewan Komisaris                                  Independency of The Board of Commissioners
    Apabila Dewan Komisaris terdiri dari lebih dari 2 (dua)       If the Board of Commissioners consists of more than 2 (two)
    orang, maka jumlah Komisaris Independen wajib                 members of the Board of Commissioners, the number
    terdiri dari paling kurang 30% (tiga puluh persen)            of Independent Commissioners must consist of at least
    dari jumlah seluruh anggota Dewan Komisaris. Untuk            30% (thirty percent) of the total members of the Board
    mempertahankan independensi Dewan Komisaris,                  of Commissioners. To maintain the independence of the
    Perseroan menetapkan bahwa sedikitnya 30% (tiga               Board of Commissioners, the Company shall determine
    puluh persen) dari anggota Dewan Komisaris adalah             that at least 30% (thirty percent) of members of Board
    Komisaris Independen yang berasal dari kalangan di            of Commissioners are Independent Commissioners
    luar Perseroan dengan syarat harus mempunyai latar            coming from circles outside the Company, and one of the
    belakang keuangan.                                            conditions is that he/she must have financial background.



    Keberadaan Komisaris Independen dimaksudkan                   The existence of the Independent Commissioner
    untuk mendorong terciptanya iklim yang lebih                  is meant to drive a more objective climate and
    obyektif dan menempatkan kesetaraan diantara                  provide equality among various interests, including
    berbagai kepentingan, termasuk kepentingan                    the interests of the company and interests of
    perusahaan dan kepentingan stakeholder sebagai                stakeholders as the main principles for decision-
    prinsip utama dalam pengambilan keputusan oleh                making by the Board of Commissioners.
    Dewan Komisaris.
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 2025 Performance                                                                  Company Profile            Management Report                      Management Discussion and Analysis




                                                                   Dengan ketetapan ini, Dewan Komisaris Perseroan                With this decision, the Board of Commissioners
                                                                   menjadi independen, bebas dari pengaruh anggota                of the Company shall become independent, free
                                                                   Dewan Komisaris dan Direksi lainnya serta pemegang             from the influence of other members of the Board
                                                                                                                                  of Commissioners and Board of Directors as well
                                                                   saham pengendali. Sesuai ketentuan dan batasan
                                                                                                                                  as controlling shareholders. In accordance with the
                                                                   berdasarkan peraturan yang berlaku, Komisaris
                                                                                                                                  provisions and restrictions based on applicable
                                                                   Independen wajib memenuhi persyaratan sebagai                  regulations, an Independent Commissioner shall meet
                                                                   berikut:                                                       the following requirements:
                                                                   1.     Bukan merupakan orang yang bekerja atau                 1.   Not a person who works or has authority
                                                                          mempunyai wewenang dan tanggung                              and responsibility to plan, lead, control,
                                                                          jawab untuk merencanakan, memimpin,                          or supervise the Company activities
                                                                          mengendalikan, atau mengawasi kegiatan                       within the last 6 (six) months, except for
                                                                          Perseroan dalam waktu 6 (enam) bulan terakhir,               the reappointment as an Independent
                                                                          kecuali untuk pengangkatan kembali sebagai                   Commissioner in the next period;
                                                                          Komisaris Independen pada periode berikutnya;

128                                                                2.     Tidak mempunyai saham Perseroan, baik                   2.   Not have the Company’s shares either directly
                                                                          langsung maupun tidak langsung. Tidak                        or indirectly. Not have affiliated relationship
                                                                          mempunyai hubungan afiliasi dengan anggota                   with members of the Board of Commissioners,
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          Dewan Komisaris, anggota Direksi atau                        members of the Board of Directors or main
                                                                          pemegang saham utama Perseroan;                              shareholders of the Company;

                                                                   3.     Tidak mempunyai hubungan usaha baik langsung            3.   Not have a business relationship either directly
                                                                          maupun tidak langsung yang berkaitan dengan                  or indirectly related to the Company’s business
                                                                          kegiatan usaha Perseroan.                                    activities.

                                                                   4.     Komisaris Independen yang telah menjabat                4.   An Independent Commissioner that has served
                                                                          selama 2 (dua) periode masa jabatan dapat                    for 2 (two) terms may be re-appointed to the
                                                                          diangkat kembali pada periode selanjutnya                    extent the Independent Commissioner declares
                                                                          sepanjang Komisaris Independen tersebut                      that he/she is still independent of GMS.
                                                                          menyatakan dirinya tetap independen kepada
                                                                          RUPS.

                                                                   Dari 2 (dua) orang Anggota Komisaris Perseroan                 Of the 2 (two) Commissioners appointed pursuant
                                                                   yang diangkat berdasarkan keputusan RUPST                      to the resolution of the AGMS dated June 5, 2025, the
                                                                   tanggal 5 Juni 2025, Komisaris Independen Perseroan            Company has 2 (two) Independent Commissioners,
                                                                   berjumlah 2 (dua) orang, yaitu Bapak Ganesh                    namely Mr. Ganesh Chander Grover and Mr. Widjaya
                                                                   Chander Grover dan Bapak Widjaya Hambali.                      Hambali. The Independent Commissioners have
                                                                   Komisaris Independen tersebut telah memenuhi                   fulfilled all the terms and conditions of independence
                                                                   seluruh syarat dan ketentuan independensi                      as stated in the OJK and IDX regulations.
                                                                   sebagaimana disebutkan dalam peraturan OJK dan
                                                                   BEI.


                                                                   Pelatihan & Pengembangan Kompetensi Dewan                      Training & Competency Development of the Board of
                                                                   Komisaris                                                      Commissioners
                                                                   Perseroan berkomitmen untuk mendukung                          The Company is committed to supporting the
                                                                   peningkatan kompetensi dan pengetahuan                         enhancement of the competencies and knowledge of
                                                                   anggota Dewan Komisaris melalui program                        the members of the Board of Commissioners through
                                                                   pelatihan dan pengembangan yang berkelanjutan.                 ongoing training and development programs. This
                                                                   Pelatihan ini bertujuan untuk memperdalam
                                                                                                                                  training aims to deepen the understanding of good
                                                                   pemahaman mengenai tata kelola perusahaan
                                                                                                                                  corporate governance, current regulations, and
                                                                   yang baik, regulasi terkini, serta isu-isu strategis
                                                                                                                                  strategic issues affecting the industry. Each member of
                                                                   yang mempengaruhi industri. Setiap anggota
                                                                                                                                  the Board of Commissioners attends training relevant
                                                                   Dewan Komisaris mengikuti pelatihan yang relevan
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Corporate Governance                      Sustainability Action     Signature Sheet                   Audited Financial Statements




    dengan tugas dan tanggung jawab mereka,                       to their duties and responsibilities, whether internal or
    baik secara internal maupun eksternal, untuk                  external, to ensure optimal supervisory performance.
    memastikan kinerja pengawasan yang optimal.

    Selama tahun 2025, Dewan Komisaris Perseroan                  During 2025, the Company’s Board of Commissioners
    tidak mengikuti kegiatan pelatihan dan                        did not participate in any training and competency
    pengembangan kompetensi.                                      development activities.

    Kebijakan & Program Orientasi Anggota Baru                    New Member Orientation Policy & Program
    Untuk anggota Dewan Komisaris yang baru, Perseroan            For new members of the Board of Commissioners,
    mengadakan program orientasi mengenai struktur                the Company conducts an orientation program
    organisasi, visi, misi, serta kebijakan-kebijakan             on organizational structure, vision, mission, and
    perusahaan. Program orientasi ini mencakup                    company policies. The orientation program includes
    pemaparan mengenai tanggung jawab Dewan                       a presentation on the responsibilities of the Board
    Komisaris dan aspek tata kelola perusahaan yang               of Commissioners and aspects of good corporate
    baik. Anggota Dewan Komisaris yang baru juga                  governance. New members of the Board of                            129
    diberikan kesempatan untuk bertemu dengan                     Commissioners are also given the opportunity to meet
    manajemen Perseroan guna memahami strategi dan                with the Company’s management to understand the
    kondisi perusahaan.                                           Company’s strategies and condition.




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
    Penilaian Kinerja & Pelaksanaan Tugas Dewan                   Performance Assessment & Implementation of the
    Komisaris pada Tahun 2025                                     Board of Commissioners’ Duties in 2025
    Kinerja anggota Dewan Komisaris dievaluasi                    The performance of members of the Board of
    melalui proses self-assessment yang dilakukan                 Commissioners is evaluated through a periodic
    secara periodik. Evaluasi ini mencakup                        self-assessment process. This evaluation includes
    penilaian terhadap peran Dewan Komisaris                      an assessment of the Board of Commissioners’
    dalam pengawasan kebijakan perusahaan,                        role in overseeing company policy, strategy
    pelaksanaan strategi, serta kepatuhan terhadap                implementation, and compliance with applicable
    peraturan yang berlaku. Hasil dari self-                      regulations. The results of this self-assessment are
    assessment ini digunakan untuk memperbaiki                    used to improve and enhance the effectiveness of
    dan meningkatkan efektivitas Dewan Komisaris,                 the Board of Commissioners, as well as the basis for
    serta sebagai dasar untuk pengembangan                        competency development and policy adjustments
    kompetensi dan penyesuaian kebijakan jika                     where necessary.
    diperlukan.

    Sepanjang tahun 2025, Dewan Komisaris                         Throughout 2025, the Board of Commissioners provided
    memberikan pandangan serta berbagai                           views and various recommendations covering
    rekomendasi mencakup pengelolaan operasional                  the operational management or other matters in
    maupun hal-hal lain sesuai tugas dan                          accordance with its duties and responsibilities. The
    kewajibannya. Rekomendasi Dewan Komisaris                     recommendations of the Board of Commissioners
    juga disampaikan dalam rapat gabungan Dewan                   are also conveyed in the joint meeting of the Board
    Komisaris dan Direksi seperti rekomendasi untuk               of Commissioners and Board of Directors, such as
    pembenahan proses audit, mengembangkan                        recommendations for putting the audit process in
    sumber daya manusia, proses bisnis dan hal-hal                order, improving human resources, business processes
    fundamental lainnya.                                          and other fundamental issues.


    Kebijakan & Frekuensi Pelaksanaan Rapat Dewan                 Policy & Frequency of the Board of Commissioners
    Komisaris                                                     Meetings
    Dalam proses pengawasan terhadap kegiatan                     In the process of supervising the Company’s operations,
    operasional Perseroan, Dewan Komisaris melakukan              the Board of Commissioners conducts meetings or
    rapat atau evaluasi laporan operasional dan                   evaluations of operational reports and discussions with
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                                                                   diskusi dengan komite-komite terkait, sesuai                             relevant committees, in accordance with issues that
                                                                   dengan masalah yang perlu mendapatkan                                    need attention. Based on the Board of Commissioners
                                                                   perhatian. Berdasarkan Piagam Dewan Komisaris,                           Charter, the Board of Commissioners must hold a
                                                                   Dewan Komisaris wajib mengadakan rapat                                   meeting at least 1 (one) time every 2 (two) months.
                                                                   paling kurang 1 (satu) kali setiap 2 (dua) bulan.                        These meetings are held to discuss the company’s
                                                                   Rapat ini dilaksanakan untuk membahas kinerja                            performance, the Board of Directors’ work plan, and
                                                                   perusahaan, rencana kerja Direksi, serta isu                             strategic issues that require the approval of the
                                                                   strategis yang memerlukan persetujuan Dewan                              Board of Commissioners. Decisions of the Board
                                                                   Komisaris. Keputusan rapat Dewan Komisaris                               of Commissioners meeting are made based on
                                                                   diambil berdasarkan musyawarah untuk mufakat,                            deliberation for consensus, and the results are set out in
                                                                   dan hasilnya dituangkan dalam risalah rapat yang                         the archived minutes of the meeting.
                                                                   diarsipkan.

                                                                   Sepanjang tahun 2025, Dewan Komisaris Perseroan                          Throughout 2025, the Company’s Board of
                                                                   mengadakan 6 (enam) kali rapat. Tingkat kehadiran                        Commissioners held 6 (six) meetings. The attendance
130                                                                anggota Dewan Komisaris dalam rapat tersebut                             rate of the members of the Board of Commissioners
                                                                   adalah sebagai berikut:                                                  in the meetings is as follows:

                                                                                                                              Jumlah Rapat          Jumlah Kehadiran             Persentase Kehadiran
                                                                             Nama                        Jabatan
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                Number of              Number of                 Attendance Percentage
                                                                             Name                        Position
                                                                                                                                 Meetings              Attendance


                                                                                                    Presiden Komisaris
                                                                                                      (Independen)
                                                                       Ganesh Chander                                                 3                       3                          100%
                                                                                                 President Commissioner
                                                                          Grover*                     (Independent)


                                                                                                         Komisaris
                                                                                                       Independen
                                                                       Widjaya Hambali                                                6                       6                          100%
                                                                                                       Independent
                                                                                                      Commissioner




                                                                   Keterangan | Remarks:
                                                                   *Bapak Ganesh Chander Grover menjabat sebagai Presiden Komisaris (Independen) Perseroan sejak 5 Juni 2025
                                                                    Mr. Ganesh Chander Grover served as the Company’s President Commissioner (Independent) since June 5, 2025.




                                                                   Komite-Komite di Bawah Dewan Komisaris                                   Committees under the Board of Commissioners
                                                                   Pada tanggal 7 Juni 2024, Komite Nominasi dan                            On June 7, 2024, the Nomination and Remuneration
                                                                                                                                            Committee was officially dissolved. As a follow-up,
                                                                   Remunerasi secara resmi dibubarkan. Sebagai tindak
                                                                                                                                            the Company’s Board of Commissioners carried out
                                                                   lanjut, Dewan Komisaris Perseroan menjalankan
                                                                                                                                            the nomination and remuneration functions. Thus,
                                                                   fungsi nominasi dan remunerasi. Dengan demikian,                         effective June 7, 2024, only the Audit Committee
                                                                   efektif sejak 7 Juni 2024, hanya ada Komite Audit yang                   remained under the supervision of the Board of
                                                                   berada di bawah pengawasan Dewan Komisaris.                              Commissioners.
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    Kebijakan & Prosedur Nominasi Anggota Dewan                   Policy & Procedure for Nomination of Board of
    Komisaris & Direksi                                           Commissioners & Board of Directors

    Dalam rangka memastikan tata kelola perusahaan                In order to ensure good corporate governance and
    yang baik dan sesuai dengan regulasi OJK, Perseroan           in accordance with OJK regulations, the Company
    menerapkan prosedur nominasi anggota Dewan                    implements a nomination procedure for members of
    Komisaris dan Direksi berdasarkan keputusan RUPS              the Board of Commissioners and Directors based on
    dengan mematuhi pedoman yang ditetapkan. Proses               the GMS decision by complying with the established
    nominasi anggota Dewan Komisaris dan Direksi                  guidelines. The nomination process for members of
    dilakukan oleh Dewan Komisaris.                               the Board of Commissioners and Board of Directors is
                                                                  conducted by the Board of Commissioners.


    Dewan Komisaris memastikan bahwa nama-nama                    The Board of Commissioners ensures that the names
    calon anggota Dewan Komisaris dan Direksi yang                of candidates for members of the Board of
                                                                  Commissioners and Board of Directors to be
                                                                                                                                    131
    akan diusulkan, baik dari dalam maupun dari luar
    perusahaan, sesuai dengan kriteria dan prosedur               proposed, both from within and outside the company,
    nominasi yang terdapat dalam Piagam Dewan                     are in accordance with the nomination criteria and
    Komisaris, Piagam Direksi, dan kebijakan manajemen.           procedures contained in the Board of Commissioners
    Dalam penyusunan rekomendasi nominasi ini, Dewan              Charter, Board of Directors Charter, and management




                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
    Komisaris mempertimbangkan kompetensi, keahlian,              policies. In preparing this nomination
    dan pengalaman yang sesuai dengan kebutuhan                   recommendation, the Board of Commissioners
    Perseroan. Kemudian hasil penelaahan dan usulan               considers competence, expertise and experience that
    calon anggota disampaikan kepada RUPS untuk                   are in accordance with the needs of the Company.
    mendapatkan persetujuan dari para pemegang                    Then the results of the review and nomination of
    saham.                                                        candidates are submitted to the GMS to obtain
                                                                  approval from the shareholders.


    Prosedur & Pelaksanaan Remunerasi Dewan                       Procedure & Implementation of the Board of
    Komisaris & Direksi                                           Commissioners & Board of Directors Remuneration

    Sistem remunerasi termasuk honorarium, tunjangan,             The remuneration system including honorarium,
    gaji, bonus, dan remunerasi lainnya bagi anggota              allowances, salaries, bonuses, and other remuneration
    Dewan Komisaris dan Direksi Perseroan ditetapkan              for members of the Board of Commissioners and
    berdasarkan pada orientasi performance, market                Directors of the Company is determined based on
    competitiveness, dan penyelarasan kapasitas                   performance orientation, market competitiveness, and
    finansial Perseroan untuk memenuhinya. Proses                 alignment of the Company’s financial capacity to fulfill
    penetapan remunerasi melibatkan evaluasi yang                 it. The process of determining remuneration involves
    bertujuan untuk memastikan bahwa kebijakan                    an evaluation aimed at ensuring that
    remunerasi tetap relevan dan kompetitif sesuai                the remuneration policy remains relevant and
    dengan perubahan lingkungan bisnis, perkembangan              competitive in accordance with changes in the
    industri, dan kapabilitas finansial Perseroan. Struktur       business environment, industry developments, and the
    dan besaran remunerasi dievaluasi secara objektif             Company’s financial capabilities. The structure and
    dan menyeluruh sehingga dapat mendukung                       amount of remuneration are evaluated objectively
    tercapainya tujuan jangka panjang Perseroan.                  and thoroughly so as to support the achievement of
                                                                  the Company’s long-term goals.
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                                                                   Penilaian Kinerja Komite-komite yang Mendukung               Performance Assessment of Committees Supporting
                                                                   Dewan Komisaris                                              the Board of Commissioners

                                                                   Dewan Komisaris melakukan penilaian kinerja Komite           The Board of Commissioners assesses the
                                                                                                                                performance of the Audit Committee. The assessment
                                                                   Audit. Penilaian terhadap Komite Audit dilakukan
                                                                                                                                of the Audit Committee is based on the effectiveness
                                                                   berdasarkan efektivitas pengawasan terhadap
                                                                                                                                of supervision of the reliability of financial statements,
                                                                   keandalan laporan keuangan, sistem pengendalian
                                                                                                                                internal control systems, and compliance with
                                                                   internal, serta kepatuhan terhadap peraturan yang
                                                                                                                                applicable regulations.
                                                                   berlaku.


                                                                   Selama tahun 2025, Dewan Komisaris menilai bahwa             During 2025, the Board of Commissioners assessed
                                                                   Komite Audit telah menjalankan tugasnya dengan               that the Audit Committee has performed its duties well
                                                                   baik, dalam mengawasi dan meninjau laporan                   in overseeing and reviewing the Company’s financial
                                                                   keuangan Perseroan.                                          statements.

132
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Corporate Governance                    Sustainability Action     Signature Sheet                   Audited Financial Statements




    Direksi
    Board of Directors

    Direksi adalah organ Perseroan yang berwenang               The Board of Directors is an organ of the Company
    dan bertanggung jawab penuh atas pengelolaan                that is authorized and fully responsible for the
    dan pengurusan Perseroan dan bertindak selaku               management and administration of the Company
    pimpinan dalam pengurusan tersebut dengan                   and acts as a leader in such management by always
    senantiasa memperhatikan kepentingan dan tujuan             taking into account the interests and objectives of the
    Perseroan dan unit usaha serta mempertimbangkan
                                                                Company and business units as well as considering
    kepentingan para pemegang saham dan seluruh
                                                                the interests of shareholders and all stakeholders.
    pemangku kepentingan.


    Direksi berwenang melakukan segala tindakan                 The Board of Directors is authorized to take all actions           133
    dan perbuatan mengenai pengurusan maupun                    and deeds regarding both the management and
    pemilikan kekayaan perusahaan termasuk mengikat             ownership of the company’s assets including binding
    perusahaan dengan pihak lain dan/atau pihak lain            the company with other parties and/or other parties




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
    dengan perusahaan, dengan sejumlah pembatasan               with the company, with a number of restrictions
    yang ditetapkan dalam Anggaran Dasar perusahaan.            stipulated in the company’s Articles of Association.
    Secara hukum, Direksi bertanggung jawab mewakili            By law, the Board of Directors is responsible for
    perusahaan di dalam dan di luar pengadilan.                 representing the company in and out of court.


    Direksi diangkat dan diberhentikan berdasarkan              The Board of Directors is appointed and dismissed

    keputusan dalam RUPS. Pemegang Saham dalam                  based on a resolution in the GMS. Shareholders in the

    RUPST atau RUPSLB berhak untuk memberhentikan               AGMS or EGMS have the right to dismiss members of

    anggota Direksi pada setiap saat sebelum masa               the Board of Directors at any time before their term of

    jabatannya berakhir.                                        office ends.


    Piagam Direksi                                              Board of Directors Charter
    Piagam Direksi merupakan pedoman kerja dan                  The Board of Directors Charter is a work guideline
    kode etik yang berlaku bagi seluruh anggota Direksi         and code of ethics that applies to all members of
    Perseroan dalam melaksanakan tugas, wewenang                the Board of Directors of the Company in carrying
    dan tanggung jawabnya dengan transparan,                    out their duties, authorities and responsibilities with
    akuntabilitas, penuh tanggung jawab, mandiri dan            transparency, accountability, full responsibility,
    wajar dalam upayanya mencapai tujuan perusahaan             independence and fairness in an effort to achieve
    serta memberi nilai yang diharapkan oleh pihak yang         company goals and provide value expected by
    berkepentingan. Piagam Direksi telah disahkan sejak         interested parties. The Board of Directors Charter
    tanggal 1 Juni 2016, yang ditandatangani oleh seluruh       was ratified on June 1, 2016, signed by all members
    anggota Direksi dan disetujui Dewan Komisaris,              of the Board of Directors, approved by the Board of
    serta telah diunggah di situs resmi Perseroan www.          Commissioners, and has been uploaded to the official
    firstmedia.co.id.                                           website of the Company www.firstmedia.co.id.
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                                                                   Susunan Direksi                                               Composition of the Board of Directors
                                                                   Pada RUPST yang diselenggarakan pada 5 Juni                   At the AGMS held on June 5, 2025, the Meeting
                                                                   2025, Rapat menyetujui untuk menegaskan susunan               approved to confirm the composition of the
                                                                   anggota Direksi Perseroan terhitung sejak penutupan           Company’s Board of Directors as of the closing of
                                                                   Rapat Umum Pemegang Saham Tahunan ini sampai                  this Annual General Meeting of Shareholders until the
                                                                   dengan penutupan Rapat Umum Pemegang Saham                    closing of the Company’s Annual General Meeting
                                                                   Tahunan Perseroan untuk tahun buku 2025 yang akan             of Shareholders for the fiscal year 2025 which will be
                                                                   diselenggarakan pada tahun 2026. Berikut susunan              held in 2026. The following is the composition of the
                                                                   Direksi Perseroan:                                            Company’s Board of Directors:


                                                                                                             Susunan Direksi Sebelumnya
                                                                                                     Previous Composition of the Board of Directors



                                                                                     Nama                                  Jabatan                             Pengangkatan
134                                                                                  Name                                    Title                              Appointment


                                                                                                                       Presiden Direktur                        29 Mei 2024
                                                                                Harianda Noerlan
                                                                                                                      President Director                        May 29, 2024
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                           Direktur                             29 Mei 2024
                                                                                 Johannes Tong
                                                                                                                           Director                             May 29, 2024

                                                                                                                           Direktur                             29 Mei 2024
                                                                                Rusbianto Wijaya
                                                                                                                           Director                             May 29, 2024



                                                                                                                Susunan Direksi Saat Ini
                                                                                                    The Current Composition of the Board of Directors



                                                                                     Nama                                  Jabatan                             Pengangkatan
                                                                                     Name                                    Title                              Appointment


                                                                                                                       Presiden Direktur                          5 Juni 2025
                                                                                Harianda Noerlan
                                                                                                                      President Director                         June 5, 2025

                                                                                                                           Direktur                               5 Juni 2025
                                                                                 Johannes Tong
                                                                                                                           Director                              June 5, 2025

                                                                                                                           Direktur                               5 Juni 2025
                                                                                Rusbianto Wijaya
                                                                                                                           Director                              June 5, 2025
Page 135
Tata Kelola Perusahaan                     Aksi Keberlanjutan           Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                       Sustainability Action        Signature Sheet                  Audited Financial Statements




    Jumlah anggota Direksi sebanyak 3 (tiga) orang telah           The total of 3 (three) members of the Board of
    diputuskan dengan mempertimbangkan kondisi                     Directors has been decided by considering the
    Perseroan sebagai perusahaan induk untuk sejumlah              condition of the Company as a holding company
    anak perusahaan, dan dengan mempertimbangkan                   for a number of subsidiaries, and by considering the
    kemampuan masing-masing anggota Direksi untuk                  ability of each member of the Board of Directors to
    melaksanakan tugas-tugasnya, baik yang merupakan               carry out their duties, both individual and collective
    tugas individual maupun tanggung jawab kolektif dan            responsibilities and to carry out the decision-making
    untuk menjalankan proses pengambilan keputusan                 process to be faster, more precise and effective.
    menjadi lebih cepat, tepat, dan efektif.

    Pengangkatan anggota Direksi juga                              The appointment of members of the Board of Directors
    mempertimbangkan aspek keberagaman,                            also considers aspects of diversity, knowledge and
    pengetahuan dan pengalaman masing-masing                       experience of each member, and at least one member
    anggota, serta setidaknya satu anggota Direksi yang            of the Board of Directors who serves has knowledge or
    menjabat memiliki pengetahuan atau keahlian di                 expertise in finance or accounting.
    bidang keuangan atau akuntansi.
                                                                                                                                        135
    Perseroan tidak memiliki kebijakan khusus terkait              The Company does not have a specific policy

    pemisahan peran Presiden Direktur dengan Chief                 regarding the separation of the roles of the President




                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
    Executive Officer (CEO) karena struktur organisasi             Directors and the Chief Executive Officer (CEO)

    yang berlaku saat ini hanya menetapkan satu posisi,            because the current organizational structure only

    yaitu Presiden Direktur, dan Perseroan tidak memiliki          establishes one position, namely the President Director,

    posisi terpisah untuk CEO. Kebijakan ini didasarkan            and the Company does not have a separate position

    pada kebutuhan organisasi dan skala operasional                for the CEO. This policy is based on the Company’s

    Perseroan yang saat ini tidak memerlukan pemisahan             organizational needs and operational scale which

    kedua peran tersebut.                                          currently does not require the separation of the two
                                                                   roles.

    Persyaratan Keanggotaan                                        Membership Requirements
    Direksi berada di bawah pengawasan Dewan                       The Board of Directors is under the supervision
    Komisaris. Seluruh anggota Direksi Perseroan telah             of the Board of Commissioners. All members of
    memenuhi persyaratan formal dan material yang                  the Company’s Board of Directors have met the
    berlaku. Persyaratan formal bersifat umum dan                  applicable formal and material requirements. The
    sesuai peraturan perundang-undangan yang berlaku,              formal requirements are general and in accordance

    sedangkan persyaratan material bersifat khusus                 with the prevailing laws and regulations, while the
                                                                   material requirements are specific to the needs of the
    disesuaikan dengan kebutuhan perusahaan.
                                                                   company.
    Persyaratan keanggotaan Direksi adalah sebagai                 The requirements for membership of the Board of
    berikut:                                                       Directors are as follows:
    1.   Mempunyai akhlak, moral, dan integritas yang              1.     Having good morals, character, and integrity;
         baik;                                                     2.     Capable of performing legal acts;
    2.   Cakap melakukan perbuatan hukum;                          3.     Within 5 (five) years prior to appointment and
    3.   Dalam 5 (lima) tahun sebelum pengangkatan                        during office:
         dan selama menjabat :                                            •    Never been declared bankrupt;
         •     Tidak pernah dinyatakan pailit;                            •    Never been a member of the Board of
         •     Tidak pernah menjadi anggota Direksi                            Directors and/or a member of the Board
               dan/atau anggota Dewan Komisaris yang                           of Commissioners who was found guilty of
               dinyatakan bersalah menyebabkan suatu                           causing a company to be declared bankrupt;
               perusahaan dinyatakan pailit;                              •    Never been convicted of committing a
         •     Tidak pernah dihukum karena melakukan                           criminal offense that is detrimental to state
               tindak pidana yang merugikan keuangan                           finances and/or related to the financial
               negara dan/atau yang berkaitan dengan                           sector;
               sektor keuangan;
Page 136
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 2025 Performance                                                                 Company Profile              Management Report                  Management Discussion and Analysis




                                                                       •    Tidak pernah menjadi anggota Direksi dan/                  •    Never been a member of the Board of
                                                                            atau anggota Dewan Komisaris yang selama                        Directors and/or a member of the Board of
                                                                            menjabat:                                                       Commissioners who during his/her term of
                                                                           i. pernah tidak menyelenggarakan RUPS                            office:
                                                                             tahunan;                                                        i. has not held an annual GMS;
                                                                           ii. pertanggungjawabannya sebagai                                ii. his/her accountability as a member of the
                                                                             anggota Direksi dan/atau anggota                                  Board of Directors and/or a member of
                                                                             Dewan Komisaris pernah tidak diterima                             the Board of Commissioners has not been
                                                                             oleh RUPS atau pernah tidak memberikan                            accepted by the GMS or has not provided
                                                                             pertanggungjawaban sebagai anggota                                his/her accountability as a member of the
                                                                             Direksi dan/atau anggota Dewan Komisaris                          Board of Directors and/or a member of the
                                                                             kepada RUPS;                                                      Board of Commissioners to the GMS;
                                                                           iii. pernah menyebabkan perusahaan                               iii. has caused a company that obtained a
                                                                             yang memperoleh izin, persetujuan, atau                           license, approval, or registration from the

136                                                                          pendaftaran dari Otoritas Jasa Keuangan                           Financial Services Authority to not fulfill its
                                                                             tidak memenuhi kewajiban untuk                                    obligation to provide annual reports and/
                                                                             memberikan laporan tahunan dan/atau                               or financial reports to the Financial Services
                                                                             laporan keuangan kepada Otoritas Jasa                             Authority.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                             Keuangan.

                                                                       •    Memiliki komitmen untuk mematuhi                           •    Has a commitment to comply with laws and

                                                                            peraturan perundang-undangan; dan                               regulations; and

                                                                       •    Memiliki pengetahuan dan/atau keahlian di                  •    Has knowledge and/or expertise in the field

                                                                            bidang yang dibutuhkan Perseroan.                               required by the Company.


                                                                   Jabatan anggota Direksi berakhir apabila                        The position of a member of the Board of Directors

                                                                   mengundurkan diri, tidak lagi memenuhi                          ends if he/she resigns, no longer meets the statutory

                                                                   persyaratan perundang-undangan, meninggal                       requirements, dies, is dismissed by resolution of

                                                                   dunia, diberhentikan berdasarkan keputusan RUPS,                the GMS, is declared bankrupt or placed under

                                                                   dinyatakan pailit atau ditaruh di bawah pengampuan              guardianship based on a court decision.

                                                                   berdasarkan suatu penetapan pengadilan.


                                                                   Tugas & Tanggung Jawab                                          Duties & Responsibilities
                                                                   Direksi bertanggungjawab atas manajemen                         The Board of Directors is responsible for the
                                                                   perusahaan dengan itikad baik dan penuh tanggung                management of the company in good faith and
                                                                   jawab. Setiap anggota Direksi bertanggungjawab                  with full responsibility. Each member of the Board of
                                                                   penuh baik secara pribadi maupun bersama                        Directors is fully responsible both personally and jointly
                                                                   (tanggung renteng) atas kerugian perusahaan                     (joint responsibility) for the company’s losses if the
                                                                   apabila yang bersangkutan terbukti bersalah atau                person concerned is proven guilty or negligent. The
                                                                   lalai. Direksi bertanggungjawab atas pengelolaan                Board of Directors is responsible for the management
                                                                   perusahaan melalui pengelolaan risiko dan                       of the company through risk management and the
                                                                   pelaksanaan Tata Kelola Perusahaan yang Baik pada               implementation of Good Corporate Governance at
                                                                   seluruh jenjang organisasi. Tanggung jawab Direksi              all levels of the organization. The responsibility of the
                                                                   juga mencakup penerapan struktur pengendalian                   Board of Directors also includes the implementation of
                                                                   internal, pelaksanaan fungsi audit internal, dan                internal control structure, implementation of internal
                                                                   pengambilan tindakan berdasarkan temuan-temuan                  audit function, and taking action based on Internal
                                                                   Audit Internal sesuai dengan arahan Dewan Komisaris.            Audit findings in accordance with the direction of the
                                                                   Direksi wajib menyusun strategi bisnis, termasuk                Board of Commissioners. The Board of Directors shall
                                                                   rencana kerja dan anggaran serta pelaksanaan                    prepare business strategies, including work plans and
                                                                   praktek akuntansi dan pembukuan sesuai ketentuan                budgets as well as the implementation of accounting
                                                                   perusahaan publik.                                              and bookkeeping practices in accordance with the
                                                                                                                                   provisions of public companies.
Page 137
Tata Kelola Perusahaan                   Aksi Keberlanjutan           Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                     Sustainability Action        Signature Sheet                   Audited Financial Statements




    Direksi juga wajib mempertanggungjawabkan                    The Board of Directors shall also be accountable for
    pelaksanaan tugasnya kepada Pemegang Saham.                  the implementation of its duties to the Shareholders.
    Dalam hal Rapat Umum Pemegang Saham tidak                    In the event that the General Meeting of Shareholders
    menetapkan pembidangan tugas Direksi, maka                   does not determine the division of duties of the Board
    pembagian tugas Direksi ditetapkan berdasarkan               of Directors, the division of duties of the Board of
    Piagam Direksi, sebagai berikut:                             Directors is determined based on the Charter of the
                                                                 Board of Directors, as follows:


    1.   Direksi bertanggung jawab penuh dalam                   1.     The Board of Directors is fully responsible for
         melaksanakan tugas untuk kepentingan                           carrying out its duties for the benefit of the
         Perseroan dalam mencapai maksud dan tujuan                     Company in achieving the Company’s goals and
         Perseroan.                                                     objectives.
    2.   Direksi wajib menyelenggarakan RUPS tahunan             2.     The Board of Directors shall organize the
         dan RUPS lainnya sebagaimana diatur dalam                      annual GMS and other GMS as stipulated in the
         peraturan perundang-undangan yang berlaku                      prevailing laws and regulations and the Articles of            137
         dan Anggaran Dasar Perseroan.                                  Association of the Company.
    3.   Setiap anggota Direksi wajib dengan itikad baik,        3.     Each member of the Board of Directors shall
         penuh tanggung jawab dan kehati-hatian dalam                   act in good faith, responsibly and prudently in




                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
         menjalankan tugasnya dengan mengindahkan                       carrying out his/her duties with due observance
         peraturan perundang-undangan yang berlaku                      of the prevailing laws and regulations and the
         dan Anggaran Dasar Perseroan.                                  Company’s Articles of Association.
    4.   Direksi wajib menerapkan manajemen risiko dan           4.     The Board of Directors shall implement risk
         prinsip-prinsip Tata Kelola Perusahaan yang Baik               management and the principles of Good
         dalam setiap kegiatan usaha Perseroan pada                     Corporate Governance in every business activity
         seluruh tingkatan atau jenjang organisasi.                     of the Company at all levels of the organization.
    5.   Pembagian tugas dan wewenang setiap anggota             5.     The division of duties and authority of each
         Direksi ditetapkan oleh RUPS, dalam hal RUPS                   member of the Board of Directors shall be
         tidak menetapkan, maka pembagian tugas dan                     determined by the GMS, in the event that the GMS
         wewenang setiap anggota Direksi ditetapkan                     does not determine, then the division of duties
         berdasarkan keputusan Rapat Direksi.                           and authority of each member of the Board
    6.   Dalam hal Perseroan mempunyai kepentingan                      of Directors shall be determined based on the
         yang bertentangan dengan kepentingan pribadi                   decision of the Board of Directors Meeting.
         seorang anggota Direksi, maka Perseroan                 6.     In the event that the Company has interests that
         akan diwakili oleh anggota Direksi lainnya dan                 conflict with the personal interests of a member
         dalam hal Perseroan mempunyai kepentingan                      of the Board of Directors, the Company will be
         yang bertentangan dengan kepentingan                           represented by another member of the Board
         seluruh anggota Direksi, maka dalam hal ini                    of Directors and in the event that the Company
         Perseroan diwakili oleh Dewan Komisaris, dengan                has interests that conflict with the interests of
         memperhatikan peraturan perundangan yang                       all members of the Board of Directors, in this
         berlaku.                                                       case the Company is represented by the Board
                                                                        of Commissioners, with due observance of
    Direksi dapat menggunakan saran profesional atas
                                                                        applicable laws and regulations.
    biaya perusahaan apabila benar-benar dibutuhkan
    dan dengan memperhatikan batas-batas efisiensi
                                                                 The Board of Directors may utilize professional advice
    dan efektivitas, serta tidak terdapat benturan
                                                                 at the company’s expense if absolutely necessary
    kepentingan.
                                                                 and with due regard to the limits of efficiency and
                                                                 effectiveness, and there is no conflict of interest.
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 2025 Performance                                                                 Company Profile              Management Report                  Management Discussion and Analysis




                                                                   Independensi Direksi                                            Independency of the Board of Directors
                                                                   Pada saat ini, Perseroan tidak memiliki Direktur                Currently, the Company does not have an
                                                                   Independen. Namun demikian, seluruh anggota Direksi             Independent Director. However, all members of the
                                                                                                                                   Board of Directors continue to uphold the principle of
                                                                   tetap menjunjung tinggi prinsip independensi dalam
                                                                                                                                   independence in carrying out the management of the
                                                                   menjalankan pengelolaan Perseroan. Kehadiran
                                                                                                                                   Company. Each member of the Board of Directors has
                                                                   Direksi yang bersifat independen ini membantu
                                                                                                                                   no affiliation with major shareholders, members of the
                                                                   pelaksanaan prinsip-prinsip Tata Kelola Perusahaan
                                                                                                                                   Board of Commissioners, or fellow members of the
                                                                   yang Baik (GCG) serta memastikan bahwa                          Board of Directors. The presence of an independent
                                                                   pengambilan keputusan strategis dilakukan secara                Board of Directors helps implement the principles of
                                                                   objektif dan transparan tanpa adanya pengaruh atau              Good Corporate Governance (GCG) and ensures that
                                                                   tekanan dari pihak-pihak yang dapat memicu konflik              strategic decision-making is carried out objectively
                                                                   kepentingan.                                                    and transparently without any influence or pressure
                                                                                                                                   from parties that could trigger conflicts of interest.


                                                                   Berdasarkan ketentuan OJK, prinsip independensi                 Based on OJK regulations, the principle of
138                                                                memiliki peran penting dalam menjaga objektivitas               independence plays an important role in

                                                                   dan akuntabilitas operasional. Meskipun tidak ada               maintaining the objectivity and accountability
                                                                                                                                   of the Company’s operations. Although there is
                                                                   Direktur Independen, seluruh anggota Direksi saat ini
                                                                                                                                   no Independent Director, all current Directors
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   berkomitmen menjalankan tugas mereka dengan
                                                                                                                                   are committed to carrying out their duties with
                                                                   profesionalisme, keterbukaan, dan tanggung jawab.
                                                                                                                                   professionalism, openness and responsibility.
                                                                   Tanpa adanya hubungan pribadi maupun bisnis
                                                                                                                                   Without any personal or business relationships
                                                                   yang berpotensi mengganggu objektivitas, Perseroan
                                                                                                                                   that could potentially interfere with objectivity, the
                                                                   mampu menjamin bahwa setiap kebijakan yang                      Company is able to ensure that every policy taken
                                                                   diambil selalu mengutamakan kepentingan terbaik                 always prioritizes the best interests of the Company
                                                                   bagi Perseroan dan para pemangku kepentingan.                   and its stakeholders.


                                                                   Pembagian Tugas Direksi                                         Division of Duties of the Board of Directors
                                                                   Merujuk kepada poin tugas dan tanggung jawab                    Referring to the points of duties and responsibilities
                                                                   Direksi, maka setiap anggota Direksi Perseroan                  of the Board of Directors, each member of the Board
                                                                   dapat melaksanakan tugas dan mengambil                          of Directors of the Company can carry out duties
                                                                   keputusan namun keputusan Direksi merupakan                     and make decisions, but the decisions of the Board

                                                                   tanggung jawab bersama. Direksi bertugas                        of Directors are a joint responsibility. The Board of

                                                                   secara kolegial. Kedudukan anggota Direksi                      Directors serves in a collegial manner. The position of
                                                                                                                                   the members of the Board of Directors including the
                                                                   termasuk Presiden Direktur adalah setara. Tugas
                                                                                                                                   President Director is equal. The President Director’s
                                                                   Presiden Direktur adalah mengoordinasikan
                                                                                                                                   duty is to coordinate the activities of the Board of
                                                                   kegiatan Direksi. Supaya lebih efisien dan
                                                                                                                                   Directors. In order to be more efficient and effective in
                                                                   efektif dalam melaksanakan tugas, dilakukan
                                                                                                                                   carrying out their duties, the duties of the members of
                                                                   pembagian tugas anggota Direksi sesuai bidang
                                                                                                                                   the Board of Directors are divided according to their
                                                                   dan kompetensinya. Pembagian tugas tersebut
                                                                                                                                   fields and competencies. The division of duties does
                                                                   tidak menghilangkan tanggung jawab Direksi                      not eliminate the collegial responsibility of the Board of
                                                                   secara kolegial dalam pengurusan perusahaan.                    Directors in managing the company.


                                                                   Pembagian tugas Direksi dilakukan untuk memastikan              The division of duties of the Board of Directors
                                                                   efektivitas pelaksanaan tugas semua anggota                     is carried out to ensure the effectiveness of the
                                                                   Direksi dalam mengelola perusahaan, mengingat                   implementation of the duties of all members of
                                                                   Perseroan adalah perusahaan induk untuk sejumlah                the Board of Directors in managing the company,
                                                                   anak perusahaan, dan dengan mempertimbangkan                    considering that the Company is a holding company
                                                                   kemampuan masing-masing anggota Direksi untuk                   for a number of subsidiaries, and by considering the
                                                                   melaksanakan tugas-tugasnya, baik yang merupakan                ability of each member of the Board of Directors to
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Tata Kelola Perusahaan                     Aksi Keberlanjutan              Lembar Tanda Tangan                     Laporan Keuangan Audit
Corporate Governance                       Sustainability Action           Signature Sheet                         Audited Financial Statements




    tugas individual maupun tanggung jawab kolektif dan                  carry out their duties, both which are individual duties
    untuk menjalankan proses pengambilan keputusan                       and collective responsibilities and to carry out the
    Direksi menjadi lebih cepat, tepat, dan efektif.                     decision-making process of the Board of Directors to
                                                                         be faster, precise and effective.


    Pembagian tugas Direksi per 31 Desember 2025                         The division of duties of the Board of Directors as of

    adalah sebagai berikut:                                              December 31, 2025 is as follows:




               Nama & Jabatan                             Tugas & Tanggung Jawab
       No.
               Name & Title                               Duties and Responsibilities



        1.
                                                                                                                                                  139
               Harianda Noerlan                           Bertanggung jawab terhadap seluruh kegiatan di Perseroan dan
                                                          anak-anak perusahaan termasuk:
               Presiden Direktur
               President Director                              • Memberikan arahan dan mengendalikan kebijakan, visi, misi dan
                                                                 strategi perusahaan.
                                                               • Mengoordinasikan pemecahan masalah perusahaan, kebijakan




                                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                 perencanaan, pengendalian, pencapaian sasaran jangka panjang
                                                                 perusahaan, kebijakan audit, dan pelaksanaan prinsip-prinsip tata
                                                                 kelola perusahaan yang baik (GCG).
                                                               • Menyelenggarakan dan memimpin rapat Direksi secara periodik
                                                                 sesuai dengan ketetapan Direksi, serta rapat-rapat lainnya yang
                                                                 diperlukan sesuai keputusan Dewan Komisaris.


                                                          Responsible for all activities within the Company and its subsidiaries,
                                                          including:
                                                               • Providing direction and controlling policies, vision, mission, and
                                                                 company strategy.
                                                               • Coordinating solutions to company problems, planning policies,
                                                                 control, achievement of long-term company goals, audit policies,
                                                                 and the implementation of good corporate governance (GCG)
                                                                 principles.
                                                               • Organizing and leading Board of Directors meetings periodically in
                                                                 accordance with the Board's regulations, as well as other
                                                                 necessary meetings as determined by the Board of
                                                                   Commissioners.



       2.      Rusbianto Wijaya                           Bertanggung jawab terhadap pengendalian seluruh kebijakan keuangan,
                                                          manajemen risiko, serta aspek-aspek penunjang operasional termasuk:
               Direktur
               Director                                        • Melaksanakan efisiensi dan efektivitas fungsi-fungsi keuangan di
                                                                 perusahaan dan anak perusahaan.
                                                               • Mengoordinasikan pelaksanaan Rencana Kerja Tahunan dan
                                                                 Rencana Kerja Jangka Panjang terkait dengan pengendalian
                                                                 akuntansi dan keuangan, treasury, serta pengelolaan sumber
                                                                 dana bagi pengembangan perusahaan.
                                                               • Mengoordinasikan pengelolaan risiko perusahaan.

                                                          Responsible for controlling all financial policies, risk management, and
                                                          operational support aspects, including:
                                                               • Implementing efficiency and effectiveness in financial functions
                                                                 within the company and its subsidiaries.
                                                               • Coordinating the implementation of the Annual Work Plan and
                                                                 Long-Term Work Plan related to accounting and financial control,
                                                                 treasury, and fund management for the company's development.
                                                               • Coordinating the management of corporate risks.
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 2025 Performance                                                                 Company Profile            Management Report                       Management Discussion and Analysis




                                                                             Nama & Jabatan                           Tugas & Tanggung Jawab
                                                                     No.
                                                                             Name & Title                             Duties and Responsibilities



                                                                      3.     Johannes Tong                            Bertanggung jawab terhadap pengawasan dan pengembangan bisnis
                                                                                                                      anak perusahaan, termasuk:
                                                                             Direktur
                                                                             Director                                      • Memberikan arahan strategis untuk mengembangkan anak
                                                                                                                             perusahaan terkait strategi dan rencana eksekusinya, berikut
                                                                                                                             komunikasinya kepada para pemangku kepentingan.
                                                                                                                           • Memberikan arahan untuk mendefinisikan panduan keunggulan
                                                                                                                             operasional bagi pemangku kepentingan.
                                                                                                                           • Memantau aktivitas operasi anak-anak perusahaan dan memas-
                                                                                                                            tikan penerapan strategi di anak perusahaan selaras dengan
                                                                                                                            agenda Perseroan secara keseluruhan.



                                                                                                                      Responsible for the supervision and development of the subsidiary's
                                                                                                                      business, including:
                                                                                                                          • Providing strategic direction to develop the subsidiary related to its

140                                                                                                                         strategy and execution plan, along with communication to
                                                                                                                            stakeholders.
                                                                                                                          • Providing direction to define operational excellence guidance for
                                                                                                                            stakeholders.
                                                                                                                          • Monitoring the operating activities of subsidiaries and ensuring
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                            that the implementation of strategies in subsidiaries is in line with
                                                                                                                            the Company's overall agenda.




                                                                   Pelatihan & Pengembangan Kompetensi Direksi                     Training & Competency Development of the Board of
                                                                   Perseroan berkomitmen untuk mendukung                           Directors
                                                                   peningkatan kompetensi dan pengetahuan                          The Company is committed to supporting the
                                                                   anggota Direksi melalui program pelatihan dan                   enhancement of the competence and knowledge of
                                                                   pengembangan yang berkelanjutan. Program                        its Board of Directors through continuous training and
                                                                   pelatihan Direksi adalah hal yang penting karena                development programs. Training programs for the
                                                                   dengan mengikuti program pelatihan, Direksi                     Board of Directors are essential, as they provide the
                                                                   mendapatkan pengetahuan dan perkembangan                        latest insights and updates on the economy, finance,
                                                                   terbaru mengenai perekonomian, keuangan,                        the Company’s business field, and other relevant
                                                                   bidang usaha yang dijalani oleh Perseroan dan                   areas. These programs are considered necessary
                                                                   sebagainya. Program pelatihan ini dianggap perlu                to enable the Board of Directors to anticipate and
                                                                   agar Direksi dapat mengantisipasi dan meningkatkan              enhance their capabilities for the betterment of the
                                                                   kemampuan diri untuk kemajuan Perseroan.                        Company.


                                                                   Selama tahun 2025, Direksi Perseroan tidak mengikuti            During 2025, the Company’s Board of Directors did
                                                                   kegiatan pelatihan dan pengembangan kompetensi.                 not participate in any competency training and
                                                                                                                                   development activities.
Page 141
Tata Kelola Perusahaan                   Aksi Keberlanjutan        Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                     Sustainability Action     Signature Sheet                  Audited Financial Statements




    Kebijakan & Program Orientasi Anggota Baru                   New Member Orientation Policies & Programs

    Program Orientasi diberikan kepada anggota Direksi           The Orientation Program is given to newly appointed
    yang baru diangkat untuk pertama kalinya. Tujuan             members of the Board of Directors for the first time.
    program ini adalah agar Direksi dapat memahami               The purpose of this program is so that the Board of
    Perseroan dalam waktu singkat dan dapat                      Directors can understand the Company in a short time
    melaksanakan tugasnya dengan baik.                           and be able to carry out their duties properly.


    Berdasarkan Piagam Direksi, Program Orientasi                Based on the Charter of the Board of Directors, the

    mencakup:                                                    Orientation Program includes:

     1. Pengetahuan mengenai Perseroan antara lain:               1. Knowledge about the Company includes:

      • Visi, Misi, Maksud dan Tujuan Perseroan                    • Vision, Mission, Purpose and Objectives of the

      • Strategi perusahaan                                          Company

      • Rencana jangka menengah dan panjang                        • Company strategy

        perusahaan                                                 • Medium and long-term plans of the company

      • Kinerja Operasional perusahaan                             • Company Operational Performance                               141
      • Kinerja Keuangan perusahaan                                • Corporate Financial Performance

      • Pengelolaan risiko perusahaan                              • Corporate risk management




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
     2. Pengetahuan mengenai jabatan Direksi antara lain:        2. Knowledge of the position of the Board of Directors

      • Tugas, tanggung jawab dan wewenang Direksi                 includes:

      • Waktu kerja                                                • Duties, responsibilities and authorities of the Board

      • Hubungan dengan anggota Direksi                              of Directors

      • Aturan-aturan/ketentuan-ketentuan, dan lain-lain           • Working time
                                                                   • Relationship with members of the Board of Directors
                                                                   • Rules/conditions, etc.

    Komite-Komite yang Mendukung Pelaksanaan Tugas               Committees which Support the Implementation of the
    Direksi                                                      Board of Directors’ Duties
    Perseroan tidak memiliki komite-komite yang secara           The Company does not have committees that are
    struktural berada di bawah pengawasan dan                    structurally under the supervision of and accountable
    bertanggung jawab kepada Direksi.                            to the Board of Directors.


    Penilaian Kinerja & Pelaksanaan Tugas Direksi pada           Performance Assessment & Implementation of Board
    Tahun 2025                                                   of Directors’ Duties in 2025
    Kinerja Direksi menjadi perhatian utama Dewan                The performance of the Board of Directors is the
    Komisaris, dimana pengawasan atas jalannya                   main concern of the Board of Commissioners, where
    pengurusan perusahaan oleh Direksi merupakan                 supervision of the management of the company
    salah satu tugas utama dari Dewan Komisaris.                 by the Board of Directors is one of the main duties
    Hasil evaluasi kinerja masing-masing anggota                 of the Board of Commissioners. The results of the
    Direksi, baik yang disampaikan oleh Dewan                    performance evaluation of each member of the
    Komisaris maupun yang disampaikan langsung                   Board of Directors, both submitted by the Board
    oleh Direksi dalam RUPS, merupakan salah satu                of Commissioners and submitted directly by the
    dasar pertimbangan bagi pemegang saham                       Board of Directors in the GMS, are one of the basic
    untuk pemberhentian dan/atau menunjuk kembali                considerations for shareholders to dismiss and/
    anggota Direksi yang bersangkutan. Hasil evaluasi            or reappoint the relevant member of the Board of
    kinerja tersebut merupakan sarana penilaian dan              Directors. The results of the performance evaluation
    peningkatan efektivitas Direksi, dan merupakan               are a means of assessing and increasing the
    bagian tak terpisahkan dalam skema kompensasi dan            effectiveness of the Board of Directors, and are an
    pemberian insentif bagi anggota Direksi.                     integral part of the compensation and incentive
                                                                 scheme for members of the Board of Directors.
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 Kinerja 2025                                                                     Profil Perusahaan            Laporan Manajemen                  Analisa dan Pembahasan Manajemen
 2025 Performance                                                                 Company Profile              Management Report                  Management Discussion and Analysis




                                                                   Sepanjang tahun 2025, Direksi Perseroan telah                   Throughout 2025, the Company’s Board of Directors
                                                                   menyusun dan melaksanakan rencana strategi yang                 has prepared and implemented a strategic plan in
                                                                   sesuai dengan visi dan misi Perseroan, mengelola                accordance with the Company’s vision and mission,
                                                                   operasional Perseroan secara efektif, menyusun                  managed the Company’s operations effectively,
                                                                   dan menyampaikan laporan keuangan dan kinerja                   prepared and submitted the Company’s financial and
                                                                   Perseroan kepada Dewan Komisaris untuk dievaluasi               performance reports to the Board of Commissioners
                                                                   dan disetujui, serta mengidentifikasi peluang dan               for evaluation and approval, and identified business
                                                                   risiko bisnis, serta merumuskan langkah-langkah                 opportunities and risks, and formulated appropriate
                                                                   mitigasi yang tepat.                                            mitigation steps.


                                                                   Kebijakan & Frekuensi Pelaksanaan Rapat Direksi                 Policy & Frequency of the Board of Directors Meetings

                                                                   Berdasarkan Piagam Direksi, Direksi wajib                       According to the Board of Directors Charter, the Board

                                                                   mengadakan rapat Direksi secara berkala paling                  of Directors is required to hold regular meetings at

                                                                   kurang 1 (satu) kali dalam setiap bulan. Di luar waktu          least once a month. Beyond this schedule, Board

142                                                                tersebut, rapat Direksi dapat dilaksanakan bila                 of Directors meetings may be convened if deemed
                                                                                                                                   necessary by one or more Board members, upon a
                                                                   dipandang perlu oleh seorang atau lebih anggota
                                                                   Direksi, atau atas permintaan tertulis dari rapat Dewan         written request from the Board of Commissioners

                                                                   Komisaris, atau atas permintaan tertulis seorang                meeting, or upon a written request by one or more
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   atau lebih pemegang saham yang bersama-sama                     shareholders collectively holding 1/10 (one-tenth) or

                                                                   memiliki 1/10 (satu per sepuluh) atau lebih dari jumlah         more of the total shares with voting rights.

                                                                   seluruh saham dengan hak suara.


                                                                   Rapat Direksi dianggap sah dan berhak mengambil                 A Board of Directors meeting is considered valid
                                                                   keputusan yang mengikat apabila lebih dari 50% dari             and has the authority to make binding decisions if
                                                                   jumlah anggota Direksi hadir atau diwakili dalam                more than 50% of the Board members are present
                                                                   rapat. Sepanjang tahun 2025, Direksi mengadakan                 or represented in the meeting. Throughout 2025, the
                                                                   rapat sebanyak 12 (dua belas) kali, baik untuk                  Board of Directors held 12 (twelve) meetings, both to
                                                                   melakukan evaluasi atas capaian kinerja Perseroan               evaluate the Company’s performance achievements
                                                                   maupun hal-hal lain yang dinilai penting. Tingkat               and to address other matters deemed important. The
                                                                   kehadiran anggota Direksi dalam rapat tersebut                  attendance rate of Board members in these meetings
                                                                   adalah sebagaimana berikut:                                     was as follows:




                                                                                                                       Jumlah Rapat          Jumlah Kehadiran      Presentase Kehadiran
                                                                            Nama                    Jabatan
                                                                                                                        Number of               Number of               Attendance
                                                                            Name                    Position
                                                                                                                         Meetings               Attendance              Percentage


                                                                                              Presiden Direktur
                                                                       Harianda Noerlan                                      12                        12                  100%
                                                                                              President Director


                                                                                                    Direktur
                                                                       Rusbianto Wijaya                                      12                        12                  100%
                                                                                                    Director



                                                                                                    Direktur
                                                                        Johannes Tong                                        12                        12                  100%
                                                                                                    Director
Page 143
Tata Kelola Perusahaan                         Aksi Keberlanjutan              Lembar Tanda Tangan                   Laporan Keuangan Audit
Corporate Governance                           Sustainability Action           Signature Sheet                       Audited Financial Statements




    Rapat Gabungan Dewan Komisaris & Direksi                                Joint Meeting of the Board of Commissioners & Directors

    Untuk mencapai tujuan dan kesinambungan usaha                           To achieve the Company’s goals and business

    Perseroan dalam jangka panjang, koordinasi dalam                        continuity in the long term, coordination in company

    pengelolaan perusahaan antara Dewan Komisaris                           management between the Board of Commissioners

    dan Direksi sangat diperlukan. Dewan Komisaris                          and the Board of Directors is essential. The Board of

    dan Direksi mengadakan rapat gabungan untuk                             Commissioners and the Board of Directors hold a joint

    menyatukan pandangan dan memutuskan suatu                               meeting to unify views and decide on important issues

    persoalan penting menyangkut kelangsungan usaha                         concerning the continuity of the Company’s business

    dan operasional bisnis Perseroan.                                       and business operations.

    Rapat gabungan ini bertujuan membahas berbagai                          This joint meeting aims to discuss various agendas
    agenda menyangkut rencana kerja, operasional,                           concerning work plans, operations, business
    peluang usaha, serta isu-isu strategis yang                             opportunities, and strategic issues that require the
    memerlukan persetujuan Dewan Komisaris. Di dalam                        approval of the Board of Commissioners. In the joint
    rapat gabungan dibahas laporan-laporan Direksi,
    dimana Dewan Komisaris memberikan tanggapan,
                                                                            meeting, the Board of Directors’ reports are discussed,
                                                                            where the Board of Commissioners provides
                                                                                                                                                    143
    catatan dan nasihat yang dituangkan di dalam                            responses, notes and advice which are stated in
    risalah rapat. Berdasarkan Piagam Direksi, Direksi                      the minutes of the meeting. Based on the Board of




                                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
    wajib mengadakan rapat bersama Dewan Komisaris                          Directors Charter, the Board of Directors is required
    secara berkala paling sedikit 1 (satu) kali dalam 4                     to hold meetings with the Board of Commissioners
    (empat) bulan.                                                          periodically at least 1 (one) time in 4 (four) months.


    Sepanjang tahun 2025, Dewan Komisaris dan Direksi                       Throughout 2025, the Board of Commissioners and
    mengadakan 4 (empat) kali rapat gabungan dengan                         the Board of Directors held 4 (four) joint meetings with
    tingkat kehadiran anggota Dewan Komisaris dan                           the following levels of attendance by members of the
    Direksi sebagai berikut:                                                Board of Commissioners and the Board of Directors:


                                                                Jumlah Rapat           Jumlah Kehadiran       Presentase Kehadiran
                  Nama                    Jabatan
                                                                 Number of                Number of                Attendance
                  Name                    Position
                                                                  Meetings                Attendance               Percentage


                                    Presiden Komisaris
                                      (Independen)
            Ganesh Chander                President                    2                         2                     100%
               Grover*                 Commissioner
                                       (Independent)


                                         Komisaris
                                        Independen
            Widjaya Hambali                                            4                         4                     100%
                                        Independent
                                       Commissioner


                                     Presiden Direktur
            Harianda Noerlan                                           4                         4                     100%
                                     President Director


                                          Direktur
            Rusbianto Wijaya                                           4                         4                     100%
                                          Director


                                          Direktur
             Johannes Tong                                             4                         4                     100%
                                          Director




      Keterangan | Remarks:
      *Bapak Ganesh Chander Grover menjabat sebagai Presiden Komisaris (Independen) Perseroan sejak 5 Juni 2025 | Mr. Ganesh Chander Grover
      served as the Company’s President Commissioner (Independent) since June 5, 2025.
Page 144
 Kinerja 2025                                                                    Profil Perusahaan           Laporan Manajemen                  Analisa dan Pembahasan Manajemen
 2025 Performance                                                                Company Profile             Management Report                  Management Discussion and Analysis




                                                                   Keberagaman Komposisi Dewan Komisaris & Direksi               Diversity of Board of Commissioners & Board of
                                                                                                                                 Directors Composition
                                                                   Jumlah dan komposisi Dewan Komisaris dan Direksi
                                                                   ditetapkan oleh RUPS, disesuaikan dengan visi dan             The number and composition of the Board of
                                                                   misi Perseroan sehingga pengawasan dapat berjalan             Commissioners and the Board of Directors are
                                                                   secara efektif dan pengambilan keputusan dapat                determined by the GMS, adjusted to the vision and
                                                                   terlaksana secara cepat, tepat, dan independen.               mission of the Company so that supervision can run
                                                                                                                                 effectively and decision- making can be carried out
                                                                                                                                 quickly, accurately and independently.


                                                                   Hingga 31 Desember 2025, Perseroan tidak memiliki             Until December 31, 2025, the Company does not

                                                                   aturan spesifik dan tertulis mengatur mengenai                have specific and written rules governing diversity

                                                                   keberagaman dalam komposisi anggota Dewan                     in the composition of members of the Board of

144                                                                Komisaris maupun Direksi. Dalam mengangkat                    Commissioners and Board of Directors. In appointing
                                                                                                                                 members of the Board of Commissioners and Board of
                                                                   anggota Dewan Komisaris dan Direksi, Perseroan
                                                                   mempertimbangkan kompetensi kandidat dan                      Directors, the Company considers the competence of

                                                                   mengacu pada peraturan yang berlaku.                          the candidates and refers to the prevailing regulations.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Kepemilikan Saham oleh Dewan Komisaris & Direksi              Share Ownership by the Board of Commissioners &
                                                                   Per 31 Desember 2025, tidak ada anggota Dewan                 Board of Directors
                                                                   Komisaris dan anggota Direksi yang memiliki saham
                                                                                                                                 As of December 31, 2025, none of the members of the
                                                                   Perseroan.
                                                                                                                                 Board of Commissioners and the Board of Directors
                                                                                                                                 own shares of the Company.


                                                                   Hubungan Afiliasi antara Dewan Komisaris, Direksi &           Affiliated Relationship between Board of
                                                                   Pemegang Saham                                                Commissioners, Board of Directors & Shareholders

                                                                   Per 31 Desember 2025, tidak ada hubungan afiliasi             As of December 31, 2025, there are no affiliations
                                                                   antara anggota Dewan Komisaris, anggota Direksi,              between members of the Board of Commissioners,
                                                                   dan pemegang saham utama Perseroan.                           members of the Board of Directors, and major
                                                                                                                                 shareholders of the Company.
Page 145
Tata Kelola Perusahaan                  Aksi Keberlanjutan        Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                    Sustainability Action     Signature Sheet                  Audited Financial Statements




    Komite Audit
    Audit Committee

    Komite Audit adalah komite yang dibentuk oleh               The Audit Committee is a committee established
    dan bertanggung jawab kepada Dewan Komisaris,               by and responsible to the Board of Commissioners,
    yang anggotanya diangkat dan diberhentikan oleh             with its members appointed and dismissed by the
    Dewan Komisaris untuk membantu melaksanakan                 Board of Commissioners, to assist in performing the
    tugas dan fungsi Dewan Komisaris dalam melakukan            duties and functions of the Board of Commissioners
    pemeriksaan atau penelitian yang dianggap                   in conducting necessary examinations or reviews of
    perlu terhadap pelaksanaan fungsi Direksi dalam             the Directors’ execution of their functions in managing

                                                                                                                                  145
    mengelola perusahaan. Komite Audit diketuai oleh            the company. The Audit Committee is chaired by one
    salah seorang Komisaris Independen beranggotakan            of the Independent Commissioners and comprises
    pihak independen yang berkemampuan di bidang                independent parties proficient in accounting and
    akuntansi dan keuangan.                                     finance.




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
    Dasar Hukum Komite Audit                                    Legal Basis of the Audit Committee

    Keberadaan Komite Audit bagi perusahaan publik              The existence of the Audit Committee for public
    mengacu pada Peraturan Otoritas Jasa Keuangan               companies refers to the Financial Services Authority
    (OJK) No. 55/POJK.04/2015 tahun 2015 tanggal 23             (OJK) Regulation No. 55/POJK.04/2015 of 2015 dated
    Desember 2015 tentang Pembentukan dan Pedoman               December 23, 2015, on the Establishment and
    Pelaksanaan Kerja Komite Audit.                             Guidelines for the Implementation of Audit Committee
                                                                Work.

    Piagam Komite Audit                                         Audit Committee Charter

    Landasan kerja Komite Audit adalah Piagam Komite            The foundation for the Audit Committee’s work is the
    Audit yang telah disahkan pada tanggal 1 Juni 2016          Audit Committee Charter, which was ratified on June
    dan dapat diakses pada website resmi Perseroan              1, 2016, and is accessible on the Company’s official
    www.firstmedia.co.id.                                       website at www.firstmedia.co.id.


    Susunan Anggota Komite Audit                                Composition of the Audit Committee Members

    Komite Audit Perseroan beranggotakan 3 (tiga)               The Company’s Audit Committee consists of 3 (three)
    orang, yang diketuai oleh Komisaris Independen yang         members, chaired by an Independent Commissioner,
    dengan para anggota lainnya berasal dari pihak              with the other members being external, independent
    eksternal yang independen. Perseroan mengangkat             parties. The Company reappointed Mr. Widjaya
    kembali Bapak Widjaya Hambali sebagai ketua Komite          Hambali as chairman of the Audit Committee, and
    Audit, serta Bapak Lewi Sasmita Kosasih dan Bapak           Mr. Lewi Sasmita Kosasih and Mr. Ricky Harjanto
    Ricky Harjanto Gunardi sebagai anggota Komite Audit         Gunardi as committee members based on the Board
    berdasarkan Surat Keputusan Dewan Komisaris No.             of Commissioners’ Decree No. SK-003/FM/VI/23 dated
    SK-003/FM/VI/23 tanggal 6 Juni 2023.                        June 6, 2023.
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 Kinerja 2025                                                                     Profil Perusahaan            Laporan Manajemen                  Analisa dan Pembahasan Manajemen
 2025 Performance                                                                 Company Profile              Management Report                  Management Discussion and Analysis




                                                                   Per 31 Desember 2025, susunan anggota Komite Audit              As of December 31, 2025, the composition of the
                                                                   Perseroan adalah sebagai berikut:                               Company’s Audit Committee is as follows:


                                                                   Ketua: Widjaya Hambali                                          Chairman: Widjaya Hambali

                                                                   Anggota: Lewi Sasmita Kosasih                                   Member: Lewi Sasmita Kosasih

                                                                   Anggota: Ricky Harjanto Gunardi                                 Member: Ricky Harjanto Gunardi



                                                                   Persyaratan Anggota Komite Audit                                Requirements for Audit Committee Members

                                                                   Persyaratan untuk menjadi anggota Komite Audit,                 The requirements to become a member of the Audit

                                                                   antara lain adalah:                                             Committee include:

                                                                   1.   Memiliki integritas yang tinggi, kemampuan,                1.   Possessing high integrity, capabilities, knowledge,

                                                                        pengetahuan dan pengalaman yang memadai                         and adequate experience corresponding to

                                                                        sesuai dengan latar belakang pendidikannya,                     their educational background, as well as good
146                                                                     serta mampu berkomunikasi dengan baik;                          communication skills.

                                                                   2.   Wajib mematuhi kode etik Komite Audit yang                 2.   Complying with the Audit Committee’s code of

                                                                        ditetapkan Perseroan;                                           ethics as stipulated by the Company.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   3.   Bersedia meningkatkan kompetensi secara terus-             3.   Willingness to continually enhance their
                                                                        menerus melalui pendidikan dan pelatihan;                       competencies through education and training.

                                                                   4.   Wajib memiliki pengetahuan yang memadai                    4.   Having sufficient knowledge to understand
                                                                        untuk memahami laporan keuangan, bisnis                         financial statements, the Company’s business,
                                                                        Perseroan khususnya terkait layanan jasa                        especially regarding the Company’s service
                                                                        atau kegiatan usaha Perseroan, proses audit,                    activities, the audit process, risk management,
                                                                        manajemen risiko dan peraturan perundangan di                   and laws and regulations in the capital market
                                                                        bidang pasar modal dan peraturan perundang-                     and related fields.
                                                                        undangan terkait lainnya;

                                                                   5.   Bukan merupakan orang dalam Kantor Akuntan                 5.   Not being personnel of the Public Accounting Firm,
                                                                        Publik, Kantor Konsultan Hukum, Kantor Jasa                     Legal Consultant Office, Public Appraisal Firm, or
                                                                        Penilai Publik atau pihak lain yang memberi jasa                any party providing insurance, non-insurance,
                                                                        asuransi, jasa non asuransi, jasa penilai dan/                  appraisal, and/or other consultancy services to
                                                                        atau jasa konsultasi lain kepada Perseroan dalam                the Company within the last 6 (six) months.
                                                                        waktu 6 (enam) bulan terakhir;

                                                                   6.   Bukan merupakan orang yang mempunyai                       6.   Not having the authority and responsibility to plan,

                                                                        wewenang dan tanggung jawab untuk                               lead, control, or supervise the company’s activities

                                                                        merencanakan, memimpin, mengendalikan atau                      within the last 6 (six) months, except for members

                                                                        mengawasi kegiatan Perseroan dalam waktu 6                      who also serve as Independent Commissioners.

                                                                        (enam) bulan terakhir, kecuali bagi anggota yang
                                                                        merangkap Komisaris lndependen;

                                                                   7.   Tidak mempunyai saham baik langsung maupun                 7.   Not owning shares directly or indirectly in the

                                                                        tidak langsung pada Perseroan. Dalam hal                        Company. In case of obtaining shares due to legal

                                                                        anggota Komite Audit memperoleh saham akibat                    circumstances, the Audit Committee member

                                                                        suatu peristiwa hukum, maka anggota Komite                      must transfer them to another party within 6 (six)

                                                                        Audit yang bersangkutan wajib mengalihkan                       months.

                                                                        saham tersebut kepada pihak lain dalam jangka
                                                                        waktu paling lama 6 (enam) bulan setelah
                                                                        diperolehnya saham tersebut;
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Tata Kelola Perusahaan                   Aksi Keberlanjutan           Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                     Sustainability Action        Signature Sheet                   Audited Financial Statements




    8.   Tidak mempunyai:                                        8.     Having no:

         •   hubungan afiliasi dengan Komisaris, Direktur,              •    Affiliation with the Commissioners, Directors,
             atau Pemegang Saham Utama Perseroan;                            or Majority Shareholders of the Company;
             dan/atau                                                        and/or
         •   hubungan usaha baik langsung maupun                        •    Business relationships, either directly or
             tidak langsung yang berkaitan dengan                            indirectly, related to the Company’s activities.
             kegiatan usaha Perseroan.


    Independensi Komite Audit                                    Independency of Audit Committee

    Seluruh anggota Komite Audit yang berasal dari pihak         All members of the Audit Committee, as independent
    independen, tidak memiliki saham Perseroan, tidak            parties, do not own shares in the company, do not
    memiliki hubungan usaha dengan Perseroan, dan                have business relationships with the company, and
    tidak memiliki hubungan keluarga dengan pemegang             do not have family ties with the main shareholders,
    saham utama, Dewan Komisaris dan Direksi serta               the Board of Commissioners, and the Board of
                                                                                                                                       147
    mempunyai pengalaman dan pengetahuan sesuai                  Directors. They also have the requisite experience and
    dengan yang ditetapkan dalam peraturan OJK.                  knowledge as specified in the OJK regulations.


    Tugas, Tanggung Jawab & Wewenang Komite Audit                Duties, Responsibilities & Authorities of the Audit




                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                 Committee

    1.   Melakukan penelahaan atas informasi keuangan            1.     Reviewing financial information that will be issued
         yang akan dikeluarkan Perseroan antara lain                    by the Company, including financial statements,
         laporan keuangan, proyeksi, dan informasi                      projections, and other financial information.
         keuangan lainnya.
                                                                 2.     Reviewing compliance with laws and regulations
    2.   Melakukan penelahaan atas ketaatan terhadap
         peraturan perundang-undangan yang                              related to the Company’s activities.

         berhubungan dengan kegiatan Perseroan.                  3.     Provide an independent opinion in the event of a
    3.   Memberikan pendapat independen dalam hal
                                                                        difference of opinion between management and
         terjadi perbedaan pendapat antara manajemen
                                                                        accountants on the services provided.
         dan akuntan atas jasa yang diberikannya.
    4.   Memberikan rekomendasi kepada Dewan                     4.     Provide recommendations to the Board of
         Komisaris mengenai penunjukan akuntan yang                     Commissioners regarding the appointment of
         didasarkan pada independensi, ruang lingkup                    accountants based on independence, scope of
         penugasan, dan imbalan jasa.                                   assignment, and service fees.
    5.   Melakukan penelaahan atas pelaksanaan                   5.     Reviewing the implementation of audits
         pemeriksaan oleh auditor internal dan                          by internal auditors and overseeing the
         mengawasi pelaksanaan tindak lanjut oleh Direksi
                                                                        implementation of follow-up by the Board of
         atas temuan auditor internal.
                                                                        Directors on the findings of internal auditors.
    6.   Melakukan penelaahan terhadap aktivitas
                                                                 6.     Reviewing the implementation of risk
         pelaksanaan manajemen risiko oleh Direksi
                                                                        management activities by the Board of Directors
         sepanjang belum dibentuknya komite yang
                                                                        as long as a risk monitoring committee has
         berfungsi sebagai pemantau risiko di bawah
                                                                        not been established under the Board of
         Dewan Komisaris.
    7.   Menelaah pengaduan yang berkaitan dengan                       Commissioners.

         proses akuntansi dan pelaporan keuangan                 7.     Reviewing complaints relating to the Company’s

         Perseroan.                                                     accounting and financial reporting processes.
    8.   Menelaah dan memberikan saran kepada                    8.     Reviewing and providing advice to the Board of
         Dewan Komisaris terkait dengan adanya potensi                  Commissioners regarding potential conflicts of
         benturan kepentingan Perseroan; dan                            interest of the Company; and
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                                                                   9.   Menjaga kerahasiaan dokumen, data dan                       9.   Maintain the confidentiality of the Company’s
                                                                        informasi Perseroan.                                             documents, data and information.




                                                                   Fungsi Komite Audit                                              Audit Committee Functions

                                                                                                                                    1.   Reporting the results of risk management
                                                                   1.   Melaporkan hasil evaluasi pengelolaan risiko
                                                                                                                                         evaluation to the Board of Commissioners to
                                                                        kepada Komisaris untuk menanggulangi potensi
                                                                                                                                         mitigate the potential occurrence of risks that
                                                                        terjadinya risiko yang dapat mengganggu
                                                                                                                                         may interfere with the running of the business.
                                                                        berjalannya usaha.
                                                                                                                                    2.   Evaluate the performance of the Company
                                                                   2.   Mengevaluasi kinerja Perseroan dan anak
                                                                                                                                         and its subsidiaries on a regular basis
                                                                        perusahaannya secara rutin (triwulan,
                                                                                                                                         (quarterly, semester, and annually) regarding
                                                                        semester, dan tahunan) mengenai pencapaian                       the achievement of business targets, market
                                                                        target usaha, kondisi pasar dan tren, prediksi                   conditions and trends, prediction of future
148                                                                     kinerja dimasa mendatang, juga melaporkan                        performance, as well as report findings and
                                                                        temuan serta memberi saran demi terjadinya                       provide suggestions for the improvement of the
                                                                        peningkatan kinerja Komisaris.                                   Commissioner’s performance.
                                                                   3.   Menyampaikan laporan yang telah disusun                     3.   Submit reports that have been conducted by
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                        Direksi secara profesional dan independen.                       the Board of Directors in a professional and

                                                                   4.   Bersama Audit Internal, memberikan penilaian                     independent manner.
                                                                                                                                    4.   Together with Internal Audit, assess
                                                                        atas prosedur dokumentasi dan pelaksanaan
                                                                                                                                         documentation procedures and management
                                                                        pengelolaan yang disarankan oleh bagian
                                                                                                                                         practices suggested by the operations
                                                                        operasional untuk meningkatkan kinerja transaksi
                                                                                                                                         department to improve the performance of
                                                                        keuangan dan sistem pelaporan.
                                                                                                                                         financial transactions and reporting systems.
                                                                   5.   Membahas perkembangan lingkungan usaha
                                                                                                                                    5.   Discuss the development of the business
                                                                        dengan mengidentifikasi potensi pengembangan
                                                                                                                                         environment by identifying the potential
                                                                        kinerja Perseroan.                                               development of the Company’s performance.
                                                                   6.   Memastikan laporan keuangan Perseroan sesuai                6.   Ensure the Company’s financial statements
                                                                        dengan prinsip akuntansi yang ditetapkan.                        are in accordance with established accounting
                                                                   7.   Memastikan berjalannya sistem kontrol internal,                  principles.
                                                                        proses pelaporan keuangan, dan pelaksanaan                  7.   Ensure the implementation of internal control
                                                                        GCG di Perseroan.                                                system, financial reporting process, and GCG
                                                                                                                                         implementation in the Company.
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    Kebijakan & Frekuensi Pelaksanaan Rapat Komite                      Policy & Frequency of Audit Committee Meetings
    Audit

    Berdasarkan Piagam Komite Audit, Komite Audit                       Based on the Audit Committee Charter, the Audit

    mengadakan rapat secara berkala paling sedikit 1                    Committee holds regular meetings at least 1 (one)

    (satu) kali dalam 3 (tiga) bulan. Keputusan rapat                   time in 3 (three) months. Decisions of the Audit

    Komite Audit diambil berdasarkan musyawarah untuk                   Committee meetings are made based on deliberation

    mufakat. Setiap rapat Komite Audit harus dituangkan                 for consensus. Each Audit Committee meeting must

    di dalam risalah rapat yang ditandatangani oleh                     be outlined in the minutes of meeting signed by

    seluruh anggota Komite Audit yang hadir dan                         all members of the Audit Committee present and

    disampaikan kepada Dewan Komisaris. Sepanjang                       submitted to the Board of Commissioners. Throughout

    tahun 2025, Komite Audit telah melaksanakan rapat                   2025, the Audit Committee has held 4 (four) meetings

    sebanyak 4 (empat) kali dengan tingkat kehadiran                    with the following attendance rates:

    sebagai berikut:

                                                                                                                                           149
                                                            Jumlah Rapat             Jumlah Kehadiran    Persentase Kehadiran
                Nama                  Jabatan
                                                             Number of                  Number of             Attendance
                Name                  Position
                                                              Meetings                  Attendance            Percentage




                                                                                                                                           PT First Media Tbk | Annual Report & Sustainability Report 2025
         Widjaya Hambali              Ketua
                                                                    4                          4                   100%
                                     Chairman



            Lewi Sasmita              Anggota
                                                                    4                          4                   100%
               Kosasih                Member




            Ricky Harjanto            Anggota
                                                                    4                          4                   100%
               Gunardi                Member




    Kegiatan Komite Audit selama 2025                                   Audit Committee Activities during 2025

    Dalam melaksanakan tugasnya, Komite Audit pada                      In carrying out its duties, the Audit Committee in 2025
    tahun 2025 telah:                                                   has:

    1.   Menyusun dan mengusulkan Rencana Kerja                         1.     Prepared and proposed the Audit Committee
         Komite Audit tahun 2025.                                              Work Plan for 2025.
    2.   Melakukan penelaahan atas penyajian Laporan                    2.     Reviewed the presentation of the Quarterly
         Keuangan Triwulanan yang disampaikan ke                               Financial Statements submitted to the Financial
         Otoritas Jasa Keuangan (OJK) dan Bursa Efek                           Services Authority (OJK) and the Indonesia
         Indonesia (BEI), serta memantau agar Laporan                          Stock Exchange (IDX), and monitored that the
         Keuangan terbit tepat waktu dan akurat.                               Financial Statements were published on time and
    3.   Melakukan penelaahan atas pelaksanaan                                 accurately.
         program kerja Unit Audit Internal, serta memberi               3.     Reviewed the implementation of the Internal Audit
         masukan untuk meningkatkan efisiensi dan                              Unit’s work programme, and providing input to
         efektivitas Unit Audit Internal.                                      improve the efficiency and effectiveness of the
    4.   Melakukan penelaahan atas independensi dan                            Internal Audit Unit.
         obyektivitas akuntan dalam melaksanakan audit.                 4.     Reviewed the independence and objectivity of
                                                                               accountants in conducting audits.
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                                                                   5.   Melakukan penelaahan atas kecukupan                         5.   Reviewed the adequacy of the audit performed
                                                                        pemeriksaan yang dilakukan oleh akuntan                          by the accountant to ensure that all substantial
                                                                        untuk meyakinkan bahwa seluruh risiko yang                       risks in financial reporting have been covered and
                                                                        substansial dalam pelaporan keuangan                             adequately considered.
                                                                        telah tercakup serta dipertimbangkan secara
                                                                                                                                    6.   Provided recommendations on the appointment
                                                                        memadai.
                                                                                                                                         of a Public Accounting Firm (KAP) that will audit
                                                                   6.   Memberikan rekomendasi atas penunjukan
                                                                                                                                         the Financial Statements for the 2025 financial
                                                                        Kantor Akuntan Publik (KAP) yang akan
                                                                                                                                         year.
                                                                        mengaudit Laporan Keuangan tahun buku 2025.
                                                                                                                                    7.   Reviewed audit findings, both by the Internal Audit
                                                                   7.   Melakukan penelaahan terhadap temuan audit,
                                                                                                                                         Unit and by accountants, and monitored the
                                                                        baik oleh Unit Audit Internal maupun oleh akuntan,
                                                                        dan memantau tindak lanjut rekomendasi audit                     follow-up of audit recommendations on findings.

                                                                        atas temuan.                                                8.   Monitored the management of risks faced by

                                                                   8.   Melakukan monitoring atas pengelolaan risiko                     the company and the implementation of good

150                                                                     yang dihadapi perusahaan dan penerapan                           corporate governance (GCG) and provided input
                                                                        tata kelola perusahaan yang baik (GCG) serta                     to improve its implementation.
                                                                        memberikan masukan untuk meningkatkan                       9.   Reported to the Board of Commissioners
                                                                        penerapannya.                                                    on the risks faced by the company and the
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   9.   Melaporkan kepada Dewan Komisaris mengenai                       implementation of risk management by the Board
                                                                        risiko yang dihadapi oleh perusahaan dan
                                                                                                                                         of Directors.
                                                                        pelaksanaan manajemen risiko oleh Direksi.


                                                                   Evaluasi Kinerja Komite Audit                                    Evaluation of Audit Committee Performance

                                                                   Kinerja Komite Audit dievaluasi oleh Dewan                       The performance of the Audit Committee is evaluated
                                                                   Komisaris berdasarkan efektivitas fungsi pengawasan              by the Board of Commissioners based on the
                                                                   yang dijalankan oleh Komite Audit dalam penelaahan               effectiveness of the supervisory function carried out by

                                                                   laporan keuangan, pengawasan sistem pengendalian                 the Audit Committee in reviewing financial statements,
                                                                                                                                    monitoring internal control systems, and compliance
                                                                   internal, dan kepatuhan terhadap peraturan yang
                                                                                                                                    with applicable regulations. This evaluation also
                                                                   berlaku. Evaluasi ini juga mencakup peran Komite
                                                                                                                                    includes the role of the Audit Committee in providing
                                                                   Audit dalam memberikan rekomendasi terkait isu-isu
                                                                                                                                    recommendations related to internal control issues
                                                                   pengendalian internal yang dapat mempengaruhi
                                                                                                                                    that may affect the company’s performance.
                                                                   kinerja perusahaan. Hasil evaluasi oleh Dewan
                                                                                                                                    The results of the evaluation by the Board of
                                                                   Komisaris digunakan untuk meningkatkan efektivitas               Commissioners are used to improve the effectiveness
                                                                   Komite Audit dalam menjalankan tugasnya.                         of the Audit Committee in carrying out its duties.


                                                                   Pelatihan & Pengembangan Kompetensi Komite                       Training & Competency Development of Audit
                                                                   Audit                                                            Committee

                                                                                                                                    The Company encourages members of the
                                                                   Perseroan mendorong anggota Komite Audit untuk
                                                                                                                                    Audit Committee to attend training relevant to
                                                                   mengikuti pelatihan yang relevan dengan fungsi
                                                                                                                                    the supervisory function, internal audit, and risk
                                                                   pengawasan, audit internal, dan pengelolaan risiko.
                                                                                                                                    management. Thus, the Audit Committee can
                                                                   Dengan demikian, Komite Audit dapat berkontribusi
                                                                                                                                    contribute effectively in reviewing the Company’s
                                                                   secara efektif dalam melakukan penelaahan terhadap
                                                                                                                                    financial statements and ensuring the Company’s
                                                                   laporan keuangan Perseroan dan memastikan
                                                                                                                                    compliance with applicable regulations. In 2025, the
                                                                   kepatuhan Perseroan terhadap peraturan yang
                                                                                                                                    Audit Committee members did not participate in any
                                                                   berlaku. Pada tahun 2025, anggota Komite Audit tidak
                                                                                                                                    formal training programmes.
                                                                   mengikuti program pelatihan formal apa pun.
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    FUNGSI NOMINASI & REMUNERASI
    Nomination & Remuneration Function

    Dewan Komisaris mengakhiri Komite Nominasi                    The Board of Commissioners terminated the
    dan Remunerasi sebagaimana termaktub dalam                    Nomination and Remuneration Committee as stated
    Keputusan Dewan Komisaris Perseroan tanggal 7                 in the Decision of the Board of Commissioners of the
    Juni 2024. Sehubungan dengan hal tersebut, fungsi             Company dated June 7, 2024. In connection with
    nominasi dan remunerasi dijalankan oleh Dewan                 this, the nomination and remuneration functions are
    Komisaris Perseroan mulai efektif per 7 Juni 2024.            carried out by the Company’s Board of Commissioners
    Sesuai dengan ketentuan Pasal 2 ayat (2) POJK No. 34/         effective as of June 7, 2024. In accordance with
    POJK.04/2014 tahun 2014 tentang Komite Nominasi dan           Article 2 paragraph (2) of Financial Services Authority
    Remunerasi Emiten atau Perusahaan Publik, Perseroan           (OJK) Regulation No. 34/POJK.04/2014 of 2014 on
    memandang bahwa fungsi tersebut dapat dijalankan              the Nomination and Remuneration Committee of                       151
    oleh Dewan Komisaris.                                         Public Companies, the Company is of the view that
                                                                  the nomination and remuneration functions may be
                                                                  carried out by the Board of Commissioners.




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
    Fungsi Nominasi                                               Nomination Function

    Dewan Komisaris memastikan bahwa proses nominasi              The Board of Commissioners ensures that the

    anggota Direksi dan Dewan Komisaris dilaksanakan              nomination process for members of the Board of

    berdasarkan kebijakan yang jelas, terstruktur, dan            Directors and Board of Commissioners is carried out

    terdokumentasi dengan baik. Seluruh proses nominasi           based on clear, structured, and well-documented

    dilakukan secara transparan, independen, dan                  policies. The entire nomination process is conducted

    bebas dari benturan kepentingan, sehingga setiap              transparently, independently, and free from conflicts of

    keputusan yang diambil mencerminkan kepentingan               interest, so that every decision made reflects the best

    terbaik Perseroan, serta para pemangku kepentingan.           interests of the Company and its stakeholders. The

    Adapun prosedur nominasi meliputi hal-hal sebagai             nomination procedure includes the following:

    berikut:
                                                                  •     Conducting reviews and monitoring to ensure
    •   Melakukan penelaahan dan pemantauan untuk
                                                                        that the company has a nomination strategy
        memastikan bahwa perusahaan telah memiliki
                                                                        and policy, including organizational analysis,
        strategi dan kebijakan nominasi, meliputi
                                                                        recruitment and selection procedures and criteria,
        proses analisis organisasi, prosedur dan kriteria
                                                                        as well as promotion and succession planning.
        rekrutmen dan seleksi, serta perencanaan
        promosi dan suksesi.                                      •     Developing criteria for composition, selection,
                                                                        qualifications, evaluation, as well as transparent
    •   Menyusun kriteria komposisi, seleksi, kualifikasi,
                                                                        requirements and nomination procedures for
        evaluasi, serta syarat-syarat dan prosedur
                                                                        candidates for the Board of Commissioners and
        nominasi yang transparan bagi calon anggota
                                                                        Board of Directors.
        Dewan Komisaris dan Direksi.

    •   Menyampaikan rekomendasi nama-nama calon                  •     Submitting recommendations for the names of

        anggota Dewan Komisaris dan Direksi yang akan                   candidates for the Board of Commissioners and

        diusulkan.                                                      Board of Directors to be proposed.
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                                                                   •   Menyampaikan rekomendasi nama-nama calon                   •   Submitting recommendations for the names
                                                                       anggota Dewan Komisaris dan Direksi yang akan                  of candidates for the Board of Commissioners
                                                                       diusulkan kepada RUPS, baik dari dalam maupun                  and Board of Directors to be proposed to the
                                                                       dari luar perusahaan, sesuai dengan kriteria                   GMS, both from within and outside the company,
                                                                       seleksi, due diligence, dan prosedur nominasi                  in accordance with the selection criteria, due
                                                                       yang terdapat dalam Piagam Dewan Komisaris,                    diligence, and nomination procedures contained
                                                                       Piagam Direksi, dan kebijakan manajemen.                       in the Board of Commissioners Charter, Board of
                                                                                                                                      Directors Charter, and management policies.


                                                                   Fungsi Remunerasi                                              Remuneration Function
                                                                                                                                  The Board of Commissioners is responsible for
                                                                   Dewan Komisaris bertanggung jawab atas penetapan
                                                                                                                                  determining and evaluating remuneration policies
                                                                   dan evaluasi kebijakan remunerasi bagi anggota
                                                                                                                                  for members of the Board of Directors and Board of
                                                                   Direksi dan Dewan Komisaris dengan memperhatikan
                                                                                                                                  Commissioners, taking into account the principles of

152
                                                                   prinsip keadilan, daya saing industri, serta pencapaian
                                                                                                                                  fairness, industry competitiveness, and performance
                                                                   kinerja. Struktur remunerasi disusun dengan                    achievement. The remuneration structure is designed
                                                                   mempertimbangkan proporsionalitas tanggung                     with consideration given to the proportionality of
                                                                   jawab, kompleksitas jabatan, kinerja Perseroan dan             responsibilities, job complexity, the performance of the
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   individu, serta keberlanjutan penciptaan nilai jangka          Company and individuals, and the sustainability of

                                                                   panjang bagi pemegang saham. Ruang lingkup                     long-term value creation for shareholders. The scope

                                                                   pelaksanaan fungsi remunerasi meliputi:                        of remuneration functions includes:


                                                                   •   Menelaah dan memastikan kepatuhan terhadap                 •   Studying and ensuring compliance with laws
                                                                       peraturan perundang-undangan serta ketentuan                   and regulations as well as applicable provisions
                                                                       yang berlaku terkait kebijakan remunerasi.                     related to remuneration policies.

                                                                   •   Memastikan bahwa perusahaan memiliki sistem                •   Ensuring that the company has a transparent
                                                                       remunerasi yang transparan, yang mencakup                      remuneration system, which includes fixed
                                                                       komponen tetap berupa gaji atau honorarium,                    components in the form of salaries or honoraria,
                                                                       tunjangan, dan fasilitas, serta komponen variabel              allowances, and facilities, as well as variable
                                                                       berupa imbalan kinerja dan insentif.                           components in the form of performance rewards
                                                                   •   Memberikan rekomendasi mengenai sistem                         and incentives.
                                                                       nominasi dan evaluasi remunerasi yang
                                                                                                                                  •   Providing recommendations on a transparent
                                                                       transparan bagi anggota Dewan Komisaris dan
                                                                                                                                      nomination and remuneration evaluation system
                                                                       Direksi.
                                                                                                                                      for members of the Board of Commissioners and
                                                                   •   Merumuskan dan menetapkan kebijakan                            Board of Directors.
                                                                       remunerasi bagi Dewan Komisaris dan Direksi,
                                                                                                                                  •   Formulating and establishing remuneration
                                                                       baik yang bersifat tetap maupun variabel.
                                                                                                                                      policies for the Board of Commissioners and
                                                                   •   Memantau dan mengevaluasi tingkat remunerasi
                                                                                                                                      Board of Directors, both fixed and variable.
                                                                       pada perusahaan sejenis sebagai pembanding
                                                                       dalam penetapan kebijakan remunerasi                       •   Monitoring and evaluating remuneration levels at

                                                                       Perseroan.                                                     similar companies as a benchmark in determining
                                                                                                                                      the Company’s remuneration policy.
                                                                   •   Memastikan ketersediaan asuransi tanggung
                                                                       gugat (liability insurance) dan asuransi                   •   Ensuring the availability of liability insurance and

                                                                       kecelakaan diri bagi anggota Direksi, Dewan                    personal accident insurance for members of the

                                                                       Komisaris, dan pejabat Perseroan, serta asuransi               Board of Directors, Board of Commissioners, and

                                                                       lainnya apabila dipandang perlu.                               Company officials, as well as other insurance if
                                                                                                                                      deemed necessary.
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    •   Melakukan evaluasi terhadap sistem imbalan               •     Evaluating employee compensation systems,
        pegawai, tunjangan, dan fasilitas lainnya, serta               benefits, and other facilities, and submit
        menyampaikan rekomendasi secara transparan                     recommendations transparently at least
        paling sedikit dua tahun sekali, termasuk alternatif           once every two years, including alternative
        skema imbalan lainnya seperti opsi saham,                      compensation schemes such as stock options,
        program pensiun, serta ketentuan imbalan dan                   pension programs, and other compensation
        tunjangan lainnya dalam hal terjadi pemutusan                  and benefit provisions in the event of mass
        hubungan kerja secara massal.                                  termination of employment.



    Remunerasi Direksi dan Dewan Komisaris                       Remuneration of the Board of Directors and Board of
                                                                 Commissioners

    Pada tahun 2025, jumlah remunerasi yang diberikan            In 2025, the total remuneration granted to the
    kepada Dewan Komisaris Perseroan adalah                      Company’s Board of Commissioners amounted to
    sebesar Rp343 juta dan kepada Direksi Perseroan              Rp343 million, while the total remuneration granted
    adalah sebesar Rp800 juta. Besaran ini ditetapkan            to the Board of Directors amounted to Rp800 million.
                                                                                                                                     153
    berdasarkan kinerja individu, dengan tetap menjaga           These amounts were determined based on individual
    keseimbangan kepentingan pemegang saham dan                  performance, while maintaining a balance between
                                                                 the interests of shareholders and the sustainability of




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
    kesinambungan bisnis.
                                                                 the Company’s business.
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154
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Tata Kelola Perusahaan                   Aksi Keberlanjutan        Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                     Sustainability Action     Signature Sheet                     Audited Financial Statements




    SEKRETARIS PERUSAHAAN
    Corporate Secretary

    Dasar Hukum                                                  Legal Basis

    Keberadaan Sekretaris Perusahaan didasarkan                  The existence of the Corporate Secretary is based on OJK
    atas Peraturan OJK Nomor 35/POJK.04/2014 tahun               Regulation Number 35/POJK.04/2014 of 2014 concerning
    2014 tentang Sekretaris Perusahaan Emiten atau               the Corporate Secretary of Issuers or Public Companies.
    Perusahaan Publik. Secara umum, fungsi Sekretaris            In general, the function of the Corporate Secretary is as
    Perusahaan adalah sebagai Pejabat Kepatuhan                  a Compliance Officer who assists the duties of the Board
    (Compliance Officer) yang membantu tugas Direksi             of Directors to fulfill the provisions of good corporate
    memenuhi ketentuan tata kelola perusahaan yang               governance in public companies or issuers.

                                                                                                                                      155
    baik di perusahaan publik atau emiten.                       Public Company as a legal entity has 3 (three) organs
                                                                 that function to run the Company, namely GMS, Board
    Perusahaan Publik sebagai badan hukum memiliki
                                                                 of Commissioners, and Board of Directors. The Board
    3 (tiga) organ yang berfungsi untuk menjalankan
                                                                 of Directors as an organ of the company is tasked and
    Perseroan, yaitu RUPS, Dewan Komisaris, dan Direksi.




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                 responsible collegially in managing the company.
    Direksi sebagai organ perusahaan bertugas dan
                                                                 In managing the company, the Board of Directors
    bertanggung jawab secara kolegial dalam mengelola
                                                                 needs to ensure smooth communication between the
    perusahaan. Dalam pengelolaan perusahaan, Direksi
                                                                 company and its stakeholders, and one of the ways is
    perlu memastikan kelancaran komunikasi antara
                                                                 by empowering the Corporate Secretary function.
    perusahaan dengan pemangku kepentingan, dan
    salah satu caranya adalah dengan memberdayakan
    fungsi Sekretaris Perusahaan.
                                                                 With the development of the economy, especially
                                                                 in the Capital Market, the role of the Corporate
    Dengan berkembangnya perekonomian, khususnya
                                                                 Secretary is increasingly needed not only in relation to
    di bidang Pasar Modal, peran Sekretaris Perusahaan
                                                                 administrative and communication functions, but also
    semakin dibutuhkan tidak hanya berkaitan dengan
                                                                 to ensure compliance of public companies with laws
    fungsi administrasi dan komunikasi, namun juga untuk
                                                                 and regulations, and improve the implementation of
    memastikan kepatuhan perusahaan publik terhadap
                                                                 public company governance. The Corporate Secretary
    peraturan perundang-undangan, dan meningkatkan
                                                                 is also expected to be able to constantly update
    pelaksanaan tata kelola perusahaan publik. Sekretaris
                                                                 information on regulations that must be complied
    Perusahaan juga diharapkan mampu senantiasa
                                                                 with by public companies and provide important
    memutakhirkan informasi tentang peraturan
                                                                 information for the Board of Directors and the Board of
    yang harus dipatuhi oleh perusahaan publik dan
                                                                 Commissioners in making decisions.
    menyediakan informasi penting bagi Direksi dan
    Dewan Komisaris dalam membuat keputusan.
                                                                 The Corporate Secretary is required to have
                                                                 qualifications in accordance with his/her duties and
    Sekretaris Perusahaan dituntut untuk memiliki
                                                                 responsibilities, as well as to improve knowledge
    kualifikasi yang sesuai dengan tugas dan tanggung
                                                                 and abilities to support the implementation of his/
    jawabnya, serta untuk meningkatkan pengetahuan
                                                                 her duties. The existence of the Corporate Secretary
    dan kemampuan untuk mendukung dalam
                                                                 provides positive value in assisting the management
    pelaksanaan tugasnya. Keberadaan Sekretaris
                                                                 of public companies, so as to increase the trust of
    Perusahaan memberikan nilai positif dalam
                                                                 shareholders, as well as other stakeholders.
    membantu pengelolaan perusahaan publik, sehingga
    dapat meningkatkan kepercayaan pemegang saham,
    serta pemangku kepentingan lainnya.                          As a liaison officer between the Company and its
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                                                                   Sebagai penghubung antara Perseroan dengan                     executives and stakeholders, the Company has
                                                                   pelaksana perusahaan dan pemangku kepentingan,                 appointed a Corporate Secretary, currently held by Mr.
                                                                   maka Perseroan mengangkat Sekretaris Perusahaan                Harianda Noerlan.
                                                                   yang saat ini dijabat oleh Bapak Harianda Noerlan.


                                                                   Profil Sekretaris Perusahaan                                   Profile of the Corporate Secretary

                                                                   Profil Bapak Harianda Noerlan dapat dilihat pada               The profile of Mr. Harianda Noerlan can be seen on the
                                                                   halaman profil Direksi.                                        profile page of the Board of Directors.


                                                                   Pelatihan & Pengembangan Kompetensi Sekretaris                 Training & Competency Development of Corporate
                                                                   Perusahaan                                                     Secretary

                                                                   Sekretaris Perusahaan diharapkan mengikuti                     The Corporate Secretary is expected to attend
                                                                   pelatihan yang berfokus pada tata kelola perusahaan            training that focuses on good corporate governance,
                                                                   yang baik, kepatuhan terhadap regulasi pasar                   compliance with capital market regulations, and
156                                                                modal, serta komunikasi antara perusahaan dan                  communication between the company and its
                                                                   para pemangku kepentingan. Selama tahun 2025,                  stakeholders. During 2025, the Corporate Secretary
                                                                   Sekretaris Perusahaan tidak mengikuti pelatihan dan            did not participate in any training and development
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   program pengembangan.                                          programs.


                                                                   Tugas & Tanggung Jawab                                         Duties & Responsibilities

                                                                   Tugas dan tanggung jawab Sekretaris Perusahaan                 The duties and responsibilities of the Corporate Secretary
                                                                   sebagai berikut:                                               are as follows:

                                                                   •   Mengikuti perkembangan Pasar Modal khususnya               •    Keep abreast of developments in the Capital Market,
                                                                       peraturan perundang-undangan yang berlaku di                    especially the prevailing laws and regulations in the
                                                                       bidang Pasar Modal.                                             Capital Market.
                                                                   •   Sebagai penghubung dan fasilitator komunikasi
                                                                                                                                  •    As a liaison and facilitator of communication
                                                                       antara Direksi, Dewan Komisaris, pemegang
                                                                                                                                       between the Board of Directors, Board of
                                                                       saham, pemerintah/instansi terkait, masyarakat
                                                                                                                                       Commissioners, shareholders, government/relevant
                                                                       dan pemangku kepentingan.
                                                                                                                                       agencies, the public and stakeholders.
                                                                   •   Mengkoordinasikan pemberian pendapat dari
                                                                       segi hukum, pengelolaan dokumen, kehumasan                 •    Coordinating the provision of legal opinions,

                                                                       protokoler dan seremonial perusahaan untuk                      document management, protocol public relations

                                                                       menunjang aktivitas perusahaan agar berjalan                    and corporate ceremonies to support the

                                                                       dengan efektif dan efisien serta meningkatkan                   company’s activities to run effectively and efficiently

                                                                       citra perusahaan.                                               and improve the company’s image.

                                                                   •   Menyelenggarakan kegiatan kesekretariatan                  •    Organizing secretarial activities within the Board of
                                                                       dalam lingkungan Direksi, Dewan Komisaris dan                   Directors, Board of Commissioners and the company
                                                                       perusahaan serta masalah administrasinya                        as well as administrative matters including
                                                                       termasuk mengelola dokumen RUPS, risalah-                       managing GMS documents, minutes of meetings
                                                                       risalah rapat Direksi, Dewan Komisaris, rapat                   of the Board of Directors, Board of Commissioners,
                                                                       gabungan, Daftar Pemegang Saham Khusus,                         joint meetings, Special Register of Shareholders,
                                                                       dokumentasi perbedaan pendapat, undangan,                       documentation of dissent, invitations, agendas and
                                                                       agenda dan materi rapat serta dokumen lainnya.                  meeting materials and other documents.
                                                                   •   Mengkoordinasikan kegiatan Direksi yang                    •    Coordinate the activities of the Board of Directors
                                                                       berkaitan dengan kegiatan korporasi untuk                       related to corporate activities to support the
                                                                       mendukung efektifitas fungsi Direksi dan kinerja                effectiveness of the functions of the Board of
                                                                       perusahaan.                                                     Directors and company performance.
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    •   Mewakili Direksi untuk berhubungan dengan                  •     Representing the Board of Directors to deal with
        pihak-pihak di luar atau di dalam perusahaan                     parties outside or inside the company in accordance
        sesuai dengan penugasan yang diberikan serta                     with the assignments given and policies that have
        kebijakan yang telah ditentukan.                                 been determined.


    Kegiatan Sekretaris Perusahaan selama 2025                     Corporate Secretary Activities during 2025

    Kegiatan-kegiatan yang dilakukan oleh Sekretaris               The activities carried out by the Corporate Secretary

    Perusahaan selama tahun 2025 adalah sebagai berikut:           during 2025 are as follows:

    •   Mengikuti perkembangan peraturan pasar modal               •     Following the development of capital market

        dan memastikan kepatuhan perusahaan terhadap                     regulations and ensuring the company’s

        peraturan yang berlaku.                                          compliance with applicable regulations.

    •   Melaksanakan korespondensi dengan OJK, BEI,                •     Carrying out correspondence with OJK, IDX, and

        maupun lembaga-lembaga penunjang lainnya.                        other supporting institutions.
                                                                   •     Delivering information disclosure about the
    •   Menyampaikan keterbukaan informasi mengenai
                                                                         company, among others in the form of public
                                                                                                                                         157
        perusahaan, antara lain dalam bentuk paparan
        publik, laporan tahunan, dan situs perusahaan.                   expose, annual report, and the company’s website.

    •   Menyampaikan materi paparan publik tahunan                 •     Deliver materials for the annual public expose on
                                                                         March 28, 2025.




                                                                                                                                         PT First Media Tbk | Annual Report & Sustainability Report 2025
        pada tanggal 28 Maret 2025.
    •   Menyelenggarakan RUPS Tahunan pada tanggal 5               •     Organizing the Annual GMS on June 5, 2025 with

        Juni 2025 dengan persiapan dokumen, agenda dan                   comprehensive preparation of documents, agenda

        risalah rapat yang komprehensif, serta memfasilitasi             and minutes of the meeting, as well as facilitating

        koordinasi antara Direksi, Dewan Komisaris, dan                  coordination between the Board of Directors, Board

        pemegang saham.                                                  of Commissioners and shareholders.

    •   Menyelenggarakan paparan publik insidentil pada            •     Holding an incidental public expose on August 28,

        tanggal 28 Agustus 2025.                                         2025.
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                                                                   UNIT AUDIT INTERNAL
                                                                   Internal Audit Unit

                                                                   Unit Audit Internal bertanggung jawab untuk                     The Internal Audit Unit is responsible for evaluating the
                                                                   mengevaluasi efektivitas sistem pengendalian internal           effectiveness of the internal control system and ensuring
                                                                   dan memastikan bahwa operasional Perseroan sesuai               that the Company’s operations are in accordance with
                                                                   dengan kebijakan dan prosedur yang telah                        the established policies and procedures. Based on OJK
                                                                   ditetapkan. Berdasarkan Peraturan OJK No. 56/                   Regulation No. 56/POJK.04/2015 on the Establishment
                                                                   POJK.04/2015 tentang Pembentukan dan Pedoman                    and Implementation Guideline of Internal Audit Unit,
                                                                   Pelaksanaan Unit Audit Internal, fungsi Audit Internal          the Internal Audit function is responsible to review risk
                                                                   bertugas untuk meninjau praktik manajemen risiko,               management practices, identify weaknesses in control,
                                                                   mengidentifikasi kelemahan dalam pengendalian,                  and provide recommendations for improvement. Thus,
158                                                                dan memberikan rekomendasi perbaikan. Dengan                    Internal Audit ensures that the Company’s operations run
                                                                   demikian, Audit Internal memastikan bahwa                       efficiently.
                                                                   operasional Perseroan berjalan dengan efisien.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Peran utama Unit Audit Internal adalah untuk                    The main role of the Internal Audit Unit is to ensure
                                                                   memastikan efektivitas tata kelola perusahaan,                  the effectiveness of corporate governance, help
                                                                   membantu manajemen memitigasi risiko operasi,                   management mitigate operating risks, and
                                                                   dan memperkuat efektivitas pengendalian internal                strengthen the effectiveness of internal control in
                                                                   sesuai dengan kebijakan yang ditetapkan Perseroan.              accordance with the policies set by the Company.
                                                                   Dalam menjalankan praktiknya, Unit Audit Internal               In carrying out its practice, the Internal Audit Unit
                                                                   menggunakan kerangka kerja yang sistematis                      utilizes a systematic and comprehensive framework,
                                                                   dan komprehensif, dengan pendekatan audit                       with a risk-based audit approach, in an effort to
                                                                   berbasis risiko (risk-based audit approach), sebagai            protect the Company’s assets, brand, and business
                                                                   upaya untuk melindungi aset perusahaan, merek,                  continuity. This is the core mandate of the Internal
                                                                   dan keberlangsungan bisnis perusahaan. Hal ini                  Audit Unit’s role in the Company. In carrying out its
                                                                   merupakan mandat inti dari peran Unit Audit Internal            duties, the Internal Audit Unit collaborates with the
                                                                   di Perseroan. Dalam melaksanakan tugasnya, Unit                 Audit Committee and is a tangible manifestation of
                                                                   Audit Internal bekerjasama dengan Komite Audit dan              the Company’s commitment to creating good and
                                                                   merupakan wujud nyata dari komitmen Perseroan                   efficient governance.
                                                                   dalam menciptakan tata kelola yang baik dan efisien.


                                                                   Piagam Audit Internal                                           Internal Audit Charter

                                                                   Piagam Unit Audit Internal Perseroan telah disetujui            The Company’s Internal Audit Unit Charter was approved

                                                                   oleh Direksi Perseroan dan disahkan pada tanggal 20             by the Board of Directors of the Company and ratified

                                                                   Januari 2011. Piagam ini tersedia di situs web Perseroan        on January 20, 2011. The Charter is available on the

                                                                   www.firstmedia.co.id.                                           Company’s website www.firstmedia.co.id.


                                                                   Persyaratan Unit Audit Internal                                 Internal Audit Unit Requirements

                                                                   Persyaratan keanggotaan Unit Audit Internal adalah              The membership requirements of the Internal Audit Unit
                                                                   sebagai berikut:                                                are as follows:

                                                                                                                                   •    Have integrity and professional behavior,
                                                                   •   Memiliki integritas dan perilaku yang profesional,
                                                                                                                                        independent, honest, and objective in performing
                                                                       independen, jujur, dan obyektif dalam
                                                                                                                                        their duties.
                                                                       pelaksanaan tugasnya.
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    •   Memiliki pengetahuan dan pengalaman                        •     Have knowledge and experience in technical
        mengenai teknis audit dan disiplin ilmu lain yang                auditing and other disciplines relevant to his/her
        relevan dengan bidang tugasnya.                                  field of work.
    •   Memiliki pengetahuan tentang peraturan                     •     Have knowledge of laws and regulations in the
        perundang-undangan di bidang pasar modal                         field of capital markets and other related laws and
        dan peraturan perundang-undangan terkait                         regulations.
        lainnya.                                                   •     Have the ability to interact and communicate both
    •   Memiliki kecakapan untuk berinteraksi dan                        orally and in writing effectively.
        berkomunikasi baik lisan maupun tertulis secara            •     Must comply with professional standards and code
        efektif.                                                         of ethics issued by the Internal Audit association.
    •   Wajib mematuhi standar profesi dan kode etik               •     Must maintain the confidentiality of the
        yang dikeluarkan oleh asosiasi Audit Internal.                   Company’s information and/or data related to
    •   Wajib menjaga kerahasiaan informasi dan/atau                     the implementation of Internal Audit duties and
        data Perseroan terkait dengan pelaksanaan                        responsibilities.
        tugas dan tanggung jawab Audit Internal.                   •     Understand the principles of good corporate                         159
    •   Memahami prinsip-prinsip tata kelola                             governance and risk management.
        perusahaan yang baik dan manajemen risiko.                 •     Willing to improve their knowledge, skills and
    •   Bersedia meningkatkan pengetahuan, keahlian                      professionalism continuously.




                                                                                                                                             PT First Media Tbk | Annual Report & Sustainability Report 2025
        dan kemampuan profesionalismenya secara
        terus-menerus.


    Struktur Unit Audit Internal                                   Internal Audit Unit Structure

    Berdasarkan Piagam Audit Internal, Unit Audit                  Based on the Internal Audit Charter, the Internal Audit
    Internal secara struktural dipimpin oleh Kepala Unit           Unit is structurally led by the Head of the Internal Audit
    Audit Internal. Kepala Unit Audit Internal diangkat            Unit. The Head of the Internal Audit Unit is appointed
    dan diberhentikan oleh Presiden Direktur dengan                and dismissed by the President Director with the
    persetujuan Dewan Komisaris. Presiden Direktur dapat           approval of the Board of Commissioners. The President
    memberhentikan Kepala Unit Audit Internal setelah              Director may dismiss the Head of the Internal Audit
    memperoleh persetujuan Dewan Komisaris apabila                 Unit after obtaining the approval of the Board of
    yang bersangkutan tidak memenuhi persyaratan                   Commissioners if the person concerned does not meet
    sebagai Auditor Internal atau dinilai tidak cakap              the requirements as an Internal Auditor or is deemed
    dalam menjalankan tugasnya. Kepala Unit Audit                  incompetent in carrying out their duties. The Head of
    Internal bertanggung jawab secara penuh dan                    the Internal Audit Unit is fully and directly responsible
    langsung kepada Presiden Direktur.                             to the President Director.

    Berdasarkan Surat Keputusan Direksi Perseroan Nomor            The Company’s appointment letter based on No.
    SK-002/FM-DIR/V/19 tanggal 2 Mei 2019, Direksi telah           SK-002/FM-DIR/V/19 dated May 2, 2019, signed by the
    mengangkat Bapak Candra Gunawan sebagai Kepala                 Board of Directors, appointed Mr. Candra Gunawan as
    Unit Audit Internal.                                           Head of Internal Audit Unit.


    Profil Kepala Unit Audit Internal                              Profile of the Head of Internal Audit Unit

    Bapak Candra Gunawan memiliki pengalaman                       Mr. Candra Gunawan has experience in finance and
    dalam bidang keuangan dan audit. Beliau meraih                 audit. He holds a Bachelor’s degree in Accounting
    gelar Strata 1 dalam bidang Akuntansi dari Universitas         from Tarumanegara University, Jakarta, as well as an
    Tarumanegara, Jakarta, serta mendapatkan gelar                 Accountant degree (Professional Accountant Educational
    Akuntan (Professional Accountant Educational                   Program) from the University of Indonesia.
    Program) dari Universitas Indonesia.
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                                                                   Beliau mengawali perjalanan karir dalam bidang                 He began his career in finance as a Semi Senior
                                                                   keuangan sebagai Semi Senior Auditor di Kantor                 Auditor at Leonard Mulia & Richard Public
                                                                   Akuntan Publik Leonard Mulia & Richard tahun                   Accounting Firm from 2001 to 2003, Senior Auditor at
                                                                   2001-2003, Senior Auditor di Kantor Akuntan Publik             Hendrawinata Gani and Partners Public Accounting
                                                                   Hendrawinata Gani dan Rekan tahun 2003-2004,                   Firm from 2003 to 2004, Assistant Manager at
                                                                   Assistant Manager di Kantor Akuntan Publik Siddharta           Siddharta & Widjaja Public Accounting Firm from
                                                                   & Widjaja tahun 2004-2010, Department Head                     2004 to 2010, Department Head of Corporate
                                                                   Corporate Accounting & Planning di PT Multipolar Tbk           Accounting & Planning at PT Multipolar Tbk from
                                                                   tahun 2010-2011, kemudian bergabung dengan PT First            2010 to 2011, then joined PT First Media Tbk in the
                                                                   Media Tbk di Division of Accounting.                           Division of Accounting.


                                                                   Pelatihan & Pengembangan Kompetensi untuk                      Training & Competency Development for Head of
                                                                   Kepala Unit Audit Internal                                     Internal Audit Unit

                                                                   Selama tahun 2025, Kepala Unit Audit Internal                  During 2025, the Head of Internal Audit Unit of the
160                                                                Perseroan tidak mengikuti program pelatihan dan                Company did not participate in any training and
                                                                   program pengembangan kompetensi.                               competency development programs.


                                                                   Tugas & Tanggung Jawab                                         Duties & Responsibilities
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Unit Audit Internal mempunyai tugas dan tanggung               The Internal Audit Unit is responsible for examining and
                                                                   jawab untuk menguji dan mengevaluasi pelaksanaan               evaluating the implementation of internal control and
                                                                   pengendalian internal serta sistem manajemen                   the risk management systems in accordance with the
                                                                   risiko sesuai dengan kebijakan yang ditetapkan oleh            policies established by the Company. The scope of audit
                                                                   Perseroan. Ruang lingkup kegiatan audit meliputi:              activities includes:

                                                                   •   Membantu tugas Presiden Direktur dan Dewan                 •    Assist the duties of the President Director and

                                                                       Komisaris, khususnya Komite Audit, secara                       the Board of Commissioners, especially the

                                                                       independen, dalam melakukan pengawasan                          Audit Committee, independently, in conducting

                                                                       dengan cara menjabarkan secara operasional                      supervision by operationally detailing the

                                                                       baik perencanaan, pelaksanaan maupun                            planning, implementation and monitoring of

                                                                       pemantauan hasil audit.                                         audit results.

                                                                   •   Memonitor kecukupan dan efektivitas sistem                 •    Monitor the adequacy and effectiveness of the

                                                                       kontrol manajemen organisasi dalam bidang                       organization’s management control system

                                                                       finansial, operasional dan sistem informatika.                  in the financial, operational and information

                                                                   •   Memberikan penilaian dan rekomendasi secara                     systems.

                                                                       obyektif atas kegiatan operasi dalam pencapaian            •    Provide objective assessments and

                                                                       tujuan dan sasarannya secara efektif, efisien dan               recommendations on operations in achieving

                                                                       ekonomis dalam bentuk penyampaian laporan                       its goals and objectives effectively, efficiently

                                                                       bulanan dan tahunan secara periodik.                            and economically in the form of periodic

                                                                   •   Mengarahkan perhatian manajemen terhadap                        monthly and annual reports.

                                                                       timbulnya risiko operasi yang diakibatkan oleh             •    Direct management’s attention to the

                                                                       perubahan lingkungan operasi/bisnis yang                        emergence of operating risks caused by

                                                                       muncul, dan hal-hal lain yang mempengaruhi                      changes in the operating/business environment

                                                                       hasil dan kinerja.                                              that arise, and other matters that affect results

                                                                   •   Memastikan bahwa manajemen operasional                          and performance.

                                                                       telah melakukan kewajibannya dalam                         •    Ensure that operational management has

                                                                       mengembangkan sistem kontrol dan manajemen                      performed its obligations in developing control

                                                                       risiko dalam rangka mencapai tujuan dan                         and risk management systems in order to

                                                                       sasaran organisasi.                                             achieve organizational goals and objectives.

                                                                   •   Memberikan informasi mengenai perkembangan                 •    Provide information on the progress and results

                                                                       dan hasil-hasil pelaksanaan rencana audit                       of the implementation of the annual audit

                                                                       tahunan dan kecukupan sumber daya dan                           plan and the adequacy of audit resources and

                                                                       personel audit.                                                 membership.
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    Kegiatan Unit Audit Internal selama 2025                     Internal Audit Unit Activities for 2025

    •   Perencanaan audit untuk tahun 2025 untuk                 •     Audit planning for 2025 to be determined by the
        ditetapkan manajemen Perseroan;                                Company’s management;
    •   Unit Audit Internal secara teratur memantau              •     The Internal Audit Unit regularly monitors the
        pelaksanaan tindakan dari temuan audit dan                     implementation of actions from last year’s audit
        rekomendasi perbaikan tahun lalu, maupun                       findings and improvement recommendations, as
        temuan dan rekomendasi pada tahun berjalan.                    well as findings and recommendations in the current
    •   Melakukan identifikasi dan penilaian risiko di                 year.
        unit-unit usaha Perseroan sebagai langkah                •     Identifying and assessing risks in the Company’s
        pemutakhiran daftar risiko menyesuaikan dengan                 business units as a step to update the risk register
        kondisi terkini lingkungan perusahaan.                         in accordance with the current conditions of the
    •   Mengadakan rapat dengan Direksi secara berkala                 company’s environment.
        untuk membahas hasil audit, isu penting dan              •     Hold meetings with the Board of Directors on a
        rekomendasi perbaikan.                                         regular basis to discuss audit results, important
    •   Melaporkan hasil pemeriksaan, temuan dan                       issues and recommendations for improvement.
                                                                                                                                      161
        rekomendasi audit kepada Presiden Direktur               •     Reporting the audit results, findings and
        setiap kali pemeriksaan selesai dilaksanakan.                  recommendations to the President Director every
        Temuan dan rekomendasi audit juga dilaporkan                   time the audit is completed. Audit findings and




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
        secara berkala kepada Komite Audit. Keseluruhan                recommendations are also reported periodically
        hasil dari proses audit khusus tersebut telah                  to the Audit Committee. The overall results of the
        ditindaklanjuti dengan baik oleh manajemen.                    special audit process have been well followed up by
                                                                       management.
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                                                                   AUDIT EKSTERNAL
                                                                   External Audit


                                                                   Audit Eksternal memainkan peran penting dalam                  External Audit plays a key role in ensuring that the
                                                                   memastikan bahwa laporan keuangan Perseroan                    Company’s financial statements are accurate and of
                                                                   akurat dan berkualitas serta patuh terhadap standar            high quality and comply with applicable standards and
                                                                   dan regulasi yang berlaku, termasuk Peraturan OJK No.          regulations, including OJK Regulation No. 13/POJK.03/2017
                                                                   13/POJK.03/2017 tentang Penggunaan Jasa Akuntan                on the Use of Public Accountant Services and Public
                                                                   Publik dan Kantor Akuntan Publik dalam Kegiatan                Accounting Firm in Financial Services Activities and POJK
                                                                   Jasa Keuangan dan POJK No. 75/POJK.04/2017                     No. 75/POJK.04/2017 on Board of Directors’ Responsibilities
                                                                   tentang Tanggung Jawab Direksi atas Laporan                    for Financial Statements. The Company appoints an
                                                                   Keuangan. Perseroan menunjuk Kantor Akuntan Publik             independent Public Accounting Firm to audit the annual
162                                                                independen untuk mengaudit laporan keuangan                    financial statements, to ensure that the reports are fairly
                                                                   tahunan, guna memastikan bahwa laporan tersebut                presented in accordance with applicable standards.
                                                                   disajikan secara wajar sesuai dengan standar yang
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   berlaku.

                                                                   Proses audit eksternal bertujuan memberikan opini              The external audit process aims to provide a professional
                                                                   profesional dan independen mengenai kelayakan                  and independent opinion on the appropriateness of
                                                                   laporan keuangan, sehingga dapat meningkatkan                  the financial statements, so as to increase the trust of
                                                                   kepercayaan pemangku kepentingan. Hasil audit                  stakeholders. The external audit results are submitted
                                                                   eksternal disampaikan kepada Dewan Komisaris                   to the Board of Commissioners and Board of Directors
                                                                   dan Direksi serta digunakan sebagai dasar untuk                and used as a basis for continuous improvement in the
                                                                   perbaikan berkelanjutan dalam pengelolaan                      Company’s financial management and internal control.
                                                                   keuangan dan pengendalian internal Perseroan.


                                                                   Penunjukkan Kantor Akuntan Publik (KAP)                        Appointment of Public Accounting Firm (PAF)

                                                                   Sesuai hasil Rapat Umum Pemegang Saham Tahunan                 In accordance with the results of the Annual General
                                                                   yang diselenggarakan pada 5 Juni 2025, Dewan                   Meeting of Shareholders held on June 5, 2025, the
                                                                   Komisaris Perseroan memutuskan menggunakan                     Company’s Board of Commissioners resolved to appoint
                                                                   jasa Kantor Akuntan Publik (KAP) Amir Abadi Jusuf,             Public Accounting Firm (PAF) Amir Abadi Jusuf, Aryanto,
                                                                   Aryanto, Mawar & Rekan dengan Akuntan Publik                   Mawar & Rekan with Public Accountant (Signing Partner),
                                                                   (Signing Partner) yaitu Bapak Adrian Adisetyo Winoto           Mr. Adrian Adisetyo Winoto to audit the Company’s
                                                                   untuk melakukan audit terhadap laporan keuangan                financial statements ended on December 31, 2025. The
                                                                   Perseroan yang berakhir pada tanggal 31 Desember               total service fee for the financial year 2025 amounted to
                                                                   2025. Total biaya jasa untuk tahun buku 2025 adalah            Rp480 million.
                                                                   sebesar Rp480 juta.


                                                                   KAP Amir Abadi Jusuf, Aryanto, Mawar & Rekan                   PAF Amir Abadi Jusuf, Aryanto, Mawar & Rekan
                                                                   Plaza ASIA, Level 10                                           Plaza ASIA, Level 10
                                                                   Jl. Jend. Sudirman Kav. 59                                     Jl. Jend. Sudirman Kav. 59
                                                                   Jakarta 12190 – Indonesia                                      Jakarta 12190 - Indonesia
                                                                   T: +6221 5140 1340                                             T: +6221 5140 1340
                                                                   F: +6221 5140 1350                                             F: +6221 5140 1350
                                                                   www.rsm.id                                                     www.rsm.id
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Tata Kelola Perusahaan                    Aksi Keberlanjutan           Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                       Sustainability Action       Signature Sheet                   Audited Financial Statements




    SISTEM PENGENDALIAN INTERNAL
    Internal Control System


    Sistem pengendalian internal yang berlaku di                   The internal control system applicable in the Company
    Perseroan mencakup:                                            includes:
    •   Lingkungan pengendalian internal dalam                     •     A disciplined and structured internal control
        perusahaan yang disiplin dan terstruktur                         environment including corporate values, code of
        termasuk nilai-nilai perusahaan, code of conduct,                conduct, company regulations, financial control,
        peraturan perusahaan, pengendalian keuangan,                     operations, human resources and compliance with
        operasional, SDM dan kepatuhan terhadap                          laws and regulations;
        peraturan perundang-undangan;                              •     Assessment and management of business risks;

                                                                                                                                        163
    •   Pengkajian dan pengelolaan risiko usaha;                   •     Control activities;
    •   Aktivitas pengendalian;                                    •     Information and communication systems; and
    •   Sistem informasi dan komunikasi; dan                       •     Monitoring.
    •   Pemantauan.




                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
    Dalam penerapannya, sistem pengendalian internal               In its implementation, the internal control system in the
    lini di Perseroan dilakukan oleh masing-masing                 Company is carried out by each function directly related
    fungsi yang berkaitan langsung dengan setiap line of           to each line of defense: risk owner, risk control, and
    defense: risk owner, risk control, dan risk assurance,         risk assurance, whose activities are regulated through
    yang aktivitasnya diatur melalui berbagai kebijakan            various policies in the form of guidelines, SOPs, and work
    berupa pedoman, SOP, dan instruksi kerja.                      instructions.


    Efektivitas Pengendalian Internal                              Effectiveness of Internal Control

    Efektivitas sistem pengendalian internal beserta tindak        The effectiveness of the internal control system

    lanjutnya dilakukan dengan mempertimbangkan                    and its follow-up is carried out by considering the

    karakter temuan oleh unit audit internal. Untuk                nature of the findings by the internal audit unit. For

    temuan-temuan yang menyangkut proses bisnis,                   findings related to business processes, corrective

    pembenahan dilakukan dengan melakukan perbaikan                actions are implemented through improvements to

    atas kebijakan dan prosedur operasional standar                policies and standard operating procedures which

    yang kemudian akan disosialisasikan kembali                    will then be re-socialized to all related functions.

    ke seluruh fungsi terkait. Temuan yang berkaitan               Findings related to employee discipline are followed

    dengan kedisiplinan karyawan ditindaklanjuti dengan            up with reference to Company Regulations.

    mengacu pada Peraturan Perusahaan. Sementara                   Meanwhile, findings related to the system are

    itu, temuan yang terkait dengan sistem ditindaklanjuti         followed up in cooperation with the Information

    bekerja sama dengan fungsi Teknologi Informasi dan             and Communication Technology function as a

    Komunikasi sebagai elemen pendukung.                           supporting element.


    Sistem pengendalian internal perusahaan juga dikaji            The company’s internal control system is also periodically

    secara berkala dan menyeluruh oleh audit eksternal.            and comprehensively reviewed by external audit. Internal

    Audit internal telah menjalin jalur komunikasi dengan          audit has established communication channels with

    audit eksternal untuk bertukar gagasan dan berbagi             external audit to exchange views and share information

    informasi sebagaimana dianggap perlu.                          as deemed necessary.
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 2025 Performance                                                                 Company Profile              Management Report                  Management Discussion and Analysis




                                                                   Pelaksanaan & Penilaian atas Sistem Pengendalian                Implementation & Assessment of the Internal Control
                                                                   Internal Tahun 2025                                             System in 2025

                                                                   Pengendalian Internal merupakan proses yang                     Internal Control is a process designed and implemented
                                                                   dirancang dan dijalankan oleh Dewan Komisaris,                  by the Board of Commissioners, Board of Directors, and
                                                                   Direksi, dan anggota manajemen lainnya. Direksi                 other members of management. The Board of Directors
                                                                   memastikan bahwa fungsi pengendalian internal                   ensures that internal control and risk management
                                                                   dan manajemen risiko telah tersedia dan diterapkan              functions are in place and applied across all aspects
                                                                   pada semua aspek dan lini perusahaan. Untuk                     and lines of the Company. To assess the design and
                                                                   menilai rancangan serta efektivitas pelaksanaan                 effectiveness of the implementation of Internal Control,
                                                                   Pengendalian Internal, Direksi didukung oleh Unit Audit         the Board of Directors is supported by the Internal Audit
                                                                   Internal, yang berkoordinasi dengan Komite Audit,               Unit, which coordinates with the Audit Committee, to
                                                                   untuk memastikan penerapan Sistem Pengendalian                  ensure that the implementation of the Internal Control
                                                                   Internal telah sesuai dengan tujuan dan sasaran                 System is in accordance with the Company’s goals and
                                                                   Perseroan.                                                      objectives.
164
                                                                   Selama tahun buku 2025, Unit Audit Internal                     During the 2025 financial year, the Internal Audit Unit

                                                                   melaksanakan Audit yang telah direncanakan (Audit               conducted Planned Audits and Audits by Special Request,

                                                                   Planned) dan Audit berdasarkan permintaan (Audit by             both at the Company and at the Company’s subsidiaries.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Special Request), baik pada Perseroan maupun pada
                                                                   entitas anak Perseroan.


                                                                   Pernyataan Manajemen                                            Management Statement

                                                                   Dewan Komisaris dan Direksi Perseroan telah                     The Board of Commissioners and the Board of Directors

                                                                   melakukan pemantauan dan evaluasi atas                          of the Company have monitored and evaluated

                                                                   implementasi sistem pengendalian internal yang                  the implementation of the internal control system in

                                                                   telah diterapkan, sesuai dengan ketentuan yang                  accordance with applicable regulations and relevant

                                                                   berlaku serta standar yang relevan. Berdasarkan hasil           standards. Based on the results of such monitoring, all

                                                                   pemantauan tersebut, seluruh kegiatan Perseroan                 activities of the Company have been running effectively

                                                                   telah berjalan dengan efektif dan efisien sesuai prinsip        and efficiently in accordance with the principles of

                                                                   tata kelola perusahaan yang baik (GCG). Dengan                  good corporate governance (GCG). Thus, the Board

                                                                   demikian, Dewan Komisaris dan Direksi Perseroan                 of Commissioners and the Board of Directors of the

                                                                   menyatakan bahwa sistem pengendalian internal                   Company stated that the internal control system

                                                                   yang diterapkan pada tahun 2025 telah cukup                     implemented in 2025 was sufficient to ensure the

                                                                   memadai untuk memastikan tercapainya tujuan                     achievement of operational objectives, reliable reporting,

                                                                   operasional, pelaporan yang andal, serta kepatuhan              and compliance with applicable laws.

                                                                   terhadap perundang-undangan yang berlaku.
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Tata Kelola Perusahaan                    Aksi Keberlanjutan           Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                      Sustainability Action        Signature Sheet                   Audited Financial Statements




    MANAJEMEN RISIKO
    Risk Management

    Perseroan mengelola risiko perusahaan dengan                  The Company manages corporate risk with
    manajemen risiko yang komprehensif dan                        comprehensive and integrated risk management,
    secara terpadu, untuk mengelola berbagai risiko               to manage various risks faced by the Company
    yang dihadapi oleh Perseroan dan anak-anak                    and its subsidiaries, as well as to mitigate the
    perusahaannya, serta memitigasi dampak dari risiko-           impact of possible risks by taking into account the
    risiko yang mungkin terjadi dengan memperhatikan              risk profile of each of its business units as well as
    profil risiko dari masing-masing unit bisnisnya               the overall risk profile as a holding company. The
    serta profil risiko sebagai perusahaan induk secara           implementation of Risk Management goes through
    keseluruhan. Implementasi Manajemen Risiko melalui            several processes with the following stages:
    beberapa proses dengan tahapan sebagai berikut:                                                                                     165
    1.   Identifikasi risiko dengan mempertimbangkan              1.     Risk identification by considering internal and
         faktor internal dan eksternal;                                  external factors;
    2.   Analisis dan evaluasi yang berkesinambungan              2.     Continuous and timely analysis and evaluation




                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
         dan tepat waktu untuk menetapkan skala prioritas                to determine the priority levels and source of
         serta sumber risiko;                                            risk;
    3.   Penerapan strategi mitigasi risiko secara                3.     Continuous implementation of risk mitigation
         berkelanjutan serta sumber daya yang diperlukan                 strategies and the resources required for such
         untuk pengelolaan tersebut;                                     management;
    4.   Komunikasi dan peran serta seluruh pemangku              4.     Communication and participation of all
         kepentingan terkait; dan                                        relevant stakeholders; and
    5.   Pencatatan dan penetapan profil risiko untuk             5.     Recording and establishment of risk profiles to
         dipantau dan ditelaah perkembangan dan                          be monitored and reviewed for developments
         perubahannya.                                                   and changes.


    Profil Risiko Perseroan                                       Risk Profile of the Company

    Perseroan memiliki profil risiko yang disusun                 The Company has a risk profile that is developed based
    berdasarkan risiko utama yang dihadapi dalam                  on the main risks faced in its operational activities, as
    kegiatan operasional sebagai berikut:                         follows:


    Risiko Kredit                                                 Credit Risk

    Risiko kredit adalah risiko salah satu pihak atas             Credit risk is the risk that one party to a financial

    instrumen keuangan yang gagal memenuhi                        instrument fails to fulfill its obligations and causes the

    liabilitasnya dan menyebabkan pihak lain mengalami            other party to suffer a financial loss. The Company’s

    kerugian keuangan. Instrumen keuangan Perseroan               financial instruments with potential credit risk consist

    yang mempunyai potensi atas risiko kredit terdiri             of cash and cash equivalents in banks, trade and other

    dari kas dan setara kas di bank, piutang usaha dan            receivables. The maximum exposure to credit risk is

    piutang lain. Jumlah eksposur risiko kredit maksimum          equal to the carrying value of these accounts. For credit

    sama dengan nilai tercatat atas akun-akun tersebut.           risk related to banks, only banks with good credit rating

    Untuk risiko kredit yang berhubungan dengan bank,             are selected. In addition, the Company’s policy is not to

    hanya bank-bank dengan predikat baik yang dipilih.            limit exposure to only one particular institution, so the

    Selain itu, kebijakan Perseroan adalah untuk tidak            Company has cash and cash equivalents in various

    membatasi eksposur hanya kepada satu institusi                banks.

    tertentu, sehingga Perseroan memiliki kas dan setara
    kas di berbagai bank.
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 2025 Performance                                                                  Company Profile              Management Report                    Management Discussion and Analysis




                                                                   Risiko Mata Uang/Nilai Tukar                                     Currency/Exchange Rate Risk

                                                                   Risiko mata uang adalah risiko fluktuasi nilai instrumen         Currency risk is the risk of fluctuations in the value of
                                                                   keuangan yang disebabkan perubahan nilai tukar                   financial instruments due to changes in foreign exchange
                                                                   uang asing. Perseroan melakukan transaksi-transaksi              rates. The Company conducts transactions using foreign
                                                                   dengan menggunakan mata uang asing di antaranya
                                                                                                                                    currencies, including the Company’s working capital
                                                                   adalah pembiayaan modal kerja Perseroan, sehingga
                                                                                                                                    financing, so that the Company must convert Rupiah
                                                                   Perseroan harus mengkonversikan Rupiah ke mata
                                                                                                                                    into foreign currencies, especially US dollars, to meet
                                                                   uang asing, terutama dolar Amerika, untuk memenuhi
                                                                                                                                    the needs of foreign currency liabilities at maturity.
                                                                   kebutuhan liabilitas dalam mata uang asing pada
                                                                                                                                    Fluctuations in the exchange rate of the Rupiah against
                                                                   saat jatuh tempo. Fluktuasi nilai tukar mata uang
                                                                                                                                    the US dollar can have an impact on the Company’s
                                                                   Rupiah terhadap mata uang dolar Amerika dapat
                                                                   memberikan dampak pada kondisi keuangan                          financial condition. The Company manages currency

                                                                   Perseroan. Perseroan mengelola risiko mata uang                  risk by monitoring currency exchange rate fluctuations

                                                                   dengan melakukan pengawasan terhadap fluktuasi                   continuously so that it can take appropriate actions such
166                                                                nilai tukar mata uang secara terus-menerus sehingga              as the use of hedging transactions if necessary to reduce
                                                                   dapat melakukan tindakan yang tepat seperti                      foreign currency risk.
                                                                   penggunaan transaksi lindung nilai apabila diperlukan
                                                                   untuk mengurangi risiko mata uang asing.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Risiko Suku Bunga                                                Interest Rate Risk

                                                                   Risiko suku bunga adalah risiko fluktuasi nilai                  Interest rate risk is the risk of fluctuations in the value
                                                                   instrumen keuangan yang disebabkan perubahan                     of financial instruments due to changes in market
                                                                   suku bunga pasar. Perseroan memiliki risiko suku                 interest rates. The Company is exposed to interest rate
                                                                   bunga terutama karena melakukan pinjaman                         risk mainly because it borrows using floating interest
                                                                   menggunakan suku bunga mengambang. Perseroan                     rates. The Company monitors the impact of interest rate
                                                                   melakukan pengawasan terhadap dampak                             movements to minimize the negative impact on the
                                                                   pergerakan suku bunga untuk meminimalisasi                       Company.
                                                                   dampak negatif terhadap Perseroan.


                                                                   Risiko Likuiditas                                                Liquidity Risk

                                                                   Risiko Likuiditas adalah risiko dimana Perseroan akan            Liquidity risk is the risk that the Company will experience
                                                                   mengalami kesulitan dalam rangka memperoleh                      difficulties in obtaining funds to fulfill its commitments
                                                                   dana untuk memenuhi komitmennya terkait dengan                   related to financial instruments. The Company
                                                                   instrumen keuangan. Perseroan mengelola risiko
                                                                                                                                    manages liquidity risk by maintaining sufficient cash
                                                                   likuiditas dengan mempertahankan kas dan setara
                                                                                                                                    and cash equivalents to enable the Company to fulfill
                                                                   kas yang mencukupi untuk memungkinkan Perseroan
                                                                                                                                    its commitments for the Company’s normal operations.
                                                                   dalam memenuhi komitmen Perseroan untuk
                                                                                                                                    In addition, the Company also continuously monitors
                                                                   operasi normal Perseroan. Selain itu, Perseroan juga
                                                                                                                                    projected and actual cash flows and monitors the
                                                                   melakukan pengawasan proyeksi dan arus kas aktual
                                                                                                                                    maturity dates of financial assets and liabilities.
                                                                   secara terus menerus serta pengawasan tanggal
                                                                   jatuh tempo aset dan liabilitas keuangan.


                                                                   Efektivitas Manajemen Risiko                                     Risk Management Effectiveness

                                                                   Untuk memastikan efektivitas sistem manajemen                    To ensure the effectiveness of the risk management
                                                                   risiko dalam mengelola berbagai risiko yang                      system in managing various risks faced by the Company,
                                                                   dihadapi, Perseroan secara berkala melakukan                     the Company periodically conducts evaluations of the
                                                                   evaluasi terhadap kebijakan, prosedur, dan strategi              risk management policies, procedures, and strategies
                                                                   pengelolaan risiko yang telah diterapkan.                        that have been implemented.
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Tata Kelola Perusahaan                   Aksi Keberlanjutan        Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                     Sustainability Action     Signature Sheet                     Audited Financial Statements




    Pemantauan ini bertujuan untuk menilai efektivitas           This ongoing monitoring aims to assess the effectiveness
    mitigasi yang dilakukan serta mengidentifikasi risiko        of the mitigation measures undertaken and to identify
    baru maupun perubahan dalam profil risiko Perseroan.         any new risks or changes in the Company’s risk profile.


    Pernyataan Manajemen                                         Management Statement

    Dewan Komisaris dan Direksi Perseroan menyatakan             The Company’s Board of Commissioners and Board
    bahwa sistem manajemen risiko yang diterapkan                of Directors state that the risk management system
    pada tahun 2025 telah berfungsi secara efektif               implemented in 2025 has functioned effectively and
    dan efisien, serta memadai dalam memastikan                  efficiently, and is adequate in ensuring the achievement
    tercapainya tujuan bisnis, pelaporan yang                    of business objectives, reliable reporting, and compliance
    andal, serta kepatuhan terhadap peraturan                    with applicable law regulations. The Company is also
    perundang-undangan yang berlaku. Perseroan juga              committed to continuously enhancing and developing its
    berkomitmen untuk terus menyempurnakan dan                   risk management system to anticipate and manage new
    mengembangkan sistem manajemen risiko guna
    mengantisipasi dan mengelola risiko-risiko baru yang
                                                                 risks that may arise in the future.
                                                                                                                                      167
    mungkin timbul di masa mendatang.




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
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 2025 Performance                                                                 Company Profile            Management Report                   Management Discussion and Analysis




                                                                   SISTEM PELAPORAN PELANGGARAN
                                                                   Whistleblowing System

                                                                   Sejalan dengan komitmen Perseroan untuk                       In line with the Company’s commitment to
                                                                   menerapkan tata kelola perusahaan yang baik (GCG),            implementing good corporate governance (GCG), the
                                                                   Perseroan senantiasa berusaha untuk memperhatikan             Company consistently considers the interests of all
                                                                   kepentingan seluruh pemangku kepentingan                      stakeholders based on the principles of fairness and
                                                                   berdasarkan prinsip kewajaran dan kesetaraan.                 equality. To support this commitment, the Company
                                                                   Untuk mendukung komitmen tersebut, Perseroan
                                                                                                                                 has implemented an effective and efficient oversight
                                                                   menerapkan sistem pengawasan yang efektif dan
                                                                                                                                 system applicable to all of the Company subsidiaries,
                                                                   efisien yang berlaku bagi seluruh anak perusahaan
                                                                                                                                 including their respective stakeholders.
                                                                   Perseroan, termasuk para pemangku kepentingannya.

168                                                                                                                              As part of these efforts, the Company considers it
                                                                   Sebagai bagian dari upaya tersebut, Perseroan
                                                                   memandang perlu adanya mekanisme standar                      necessary to establish a standardized mechanism
                                                                   dalam penanganan pengaduan atas dugaan                        for handling reports of alleged violations in order to
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   pelanggaran guna mencegah terjadinya perselisihan             prevent prolonged disputes or conflicts between
                                                                   atau sengketa yang berlarut-larut antara pemangku             stakeholders and the Company, as well as to mitigate
                                                                   kepentingan dan Perseroan, serta memitigasi                   the risk of reputational damage and loss of public
                                                                   risiko penurunan reputasi dan kepercayaan publik.             trust. Accordingly, the Company has developed and
                                                                   Oleh karena itu, Perseroan telah menyusun dan
                                                                                                                                 implemented a Whistleblowing System (WBS) since 2011.
                                                                   mengembangkan Whistleblowing System (WBS) sejak
                                                                   tahun 2011.


                                                                   Maksud & Tujuan                                               Purpose & Objectives

                                                                   Penyelesaian pengaduan pelanggaran oleh                       The handling of violation complaints submitted by
                                                                   pemangku kepentingan merupakan bagian dari
                                                                                                                                 stakeholders forms part of the Company’s effort to
                                                                   upaya Perseroan dalam meningkatkan perlindungan
                                                                                                                                 enhance stakeholder protection and to ensure the
                                                                   pemangku kepentingan serta menjamin pemenuhan
                                                                                                                                 fulfillment of their rights in their relationship with the
                                                                   hak-haknya dalam hubungan dengan Perseroan
                                                                                                                                 Company in accordance with applicable regulations.
                                                                   sesuai dengan ketentuan yang berlaku. Untuk
                                                                                                                                 To this end, the Company has established policies,
                                                                   itu, Perseroan menetapkan kebijakan, sistem dan
                                                                                                                                 systems, and procedures for handling Whistleblowing
                                                                   prosedur penanganan pengaduan yang terintegrasi
                                                                   dalam suatu Kebijakan Pengelolaan Pengaduan                   Complaint Management Policy. The aims and

                                                                   Pelanggaran. Adapun maksud dan tujuannya adalah               objectives:

                                                                   sebagai berikut:
                                                                   •   Maksud penyusunan Kebijakan Pengelolaan                   •    The purpose of preparing the Whistleblowing
                                                                       Pengaduan Pelanggaran sebagai dasar atau                       Complaint Management Policy as a basis or
                                                                       pedoman pelaksanaan dalam menangani                            implementation guideline in handling Violation
                                                                       Pengaduan Pelanggaran dari pemangku                            Complaints from stakeholders to ensure the
                                                                       kepentingan untuk menjamin terselenggaranya                    implementation of an effective mechanism
                                                                       mekanisme penyelesaian pengaduan                               for resolving complaints of violations within an
                                                                       pelanggaran yang efektif dalam jangka waktu
                                                                                                                                      adequate period of time by stakeholders.
                                                                       memadai oleh pemangku kepentingan.
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Tata Kelola Perusahaan                   Aksi Keberlanjutan          Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                     Sustainability Action       Signature Sheet                  Audited Financial Statements




    •   Tujuan penyusunan Kebijakan Pengelolaan                  •     The purpose of preparing this Whistleblowing
        Pengaduan Pelanggaran ini adalah sebagai                       Complaint Management Policy is as an effort to
        upaya dalam pengungkapan berbagai                              disclose various problems in the company that are
        permasalahan dalam perusahaan yang tidak                       not in accordance with the ethical standards that
        sesuai dengan standar etika yang berlaku di
                                                                       apply in the company.
        perusahaan.




    Dasar Hukum                                                  Legal Basis

    •   Undang-Undang Republik Indonesia Nomor                   •     Law of the Republic of Indonesia Number 31 of
        31 Tahun 1999 tentang Pemberantasan Tindak                     1999 concerning the Eradication of the Crime of
        Pidana Korupsi yang diubah dengan Undang-                      Corruption as amended by Law of the Republic
        Undang Republik Indonesia Nomor 20 Tahun                       of Indonesia Number 20 of 2001 concerning
        2001 tentang Perubahan Atas Undang-Undang                      Amendments to Law of the Republic of Indonesia
        Republik Indonesia Nomor 31 Tahun 1999 tentang                 Number 31 of 1999 concerning the Eradication of
                                                                                                                                     169
        Pemberantasan Tindak Pidana Korupsi.                           the Crime of Corruption.
    •   Undang-Undang Republik Indonesia Nomor 13                •     Law of the Republic of Indonesia Number 13 of
        Tahun 2006 tentang Perlindungan Saksi dan                      2006 concerning Witness and Victim Protection.




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
        Korban.                                                  •     Law of the Republic of Indonesia Number 13 Year
    •   Undang-Undang Republik Indonesia Nomor 13                      2003 on Manpower.
        Tahun 2003 tentang Ketenagakerjaan                       •     Government Regulation of the Republic of
    •   Peraturan Pemerintah Republik Indonesia                        Indonesia Number 71 of 2000 concerning
        Nomor 71 Tahun 2000 tentang Tata Cara                          Procedures for Public Participation and the
        Pelaksanaan Peran Serta Masyarakat dan                         Granting of Awards in the Prevention and
        Pemberian Penghargaan dalam Pencegahan dan                     Eradication of Corruption Criminal Acts.
        Pemberantasan Tindak Pidana Korupsi.                     •     Whistleblowing System Guidelines Issued by the
    •   Pedoman Sistem Pengaduan Pelanggaran                           National Committee on Governance Policy (KNKG)
        (Whistleblowing System) tahun 2008 oleh Komite                 in 2008.
        Nasional Kebijakan Governance (KNKG).                    •     Company Regulations and Code of Ethics and
    •   Peraturan Perusahaan dan Kode Etik dan                         Professional Responsibility of PT First Media Tbk.
        Tanggung Jawab Profesional PT First Media Tbk.



    Ruang Lingkup                                                Scope

    Kebijakan Pengelolaan Pengaduan Pelanggaran                  This Whistleblower Complaint Management Policy

    ini diberlakukan bagi Dewan Komisaris, Direksi, dan          applies to the Board of Commissioners, Board of

    seluruh karyawan di lingkungan Perseroan dan seluruh         Directors, and all employees within the Company and

    unit usahanya dalam menjalankan tugas sehari-hari            all its business units in carrying out their daily duties in

    sesuai dengan prinsip-prinsip GCG.                           accordance with GCG principles.


    Kebijakan Penerimaan & Penyelesaian Pengaduan                Policy on Receiving & Settling Violation Complaints
    Pelanggaran

    Perseroan wajib menerima pengaduan pelanggaran               The Company shall receive complaints of violations
    dari pihak internal maupun eksternal. Perseroan              from internal and external parties. The Company
    menyediakan 2 (dua) saluran pengelolaan                      provides 2 (two) channels of complaint management,
    pengaduan, yaitu melalui jalur Direksi dan jalur Dewan       namely through the Board of Directors and the Board
    Komisaris sesuai dengan level pelaku pelanggaran.            of Commissioners in accordance with the level of the
                                                                 perpetrator of the offense.
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 2025 Performance                                                                     Company Profile          Management Report                  Management Discussion and Analysis




                                                                   Pembentukan Tim Pengelola Pengaduan                             Establishment of the Whistleblower Complaint
                                                                   Pelanggaran                                                     Management Team

                                                                   1.   Kewenangan Direksi dan Pembentukan Tim                     1.   Authority of the Board of Directors and
                                                                        Pengelola Pengaduan Pelanggaran yang diduga                     Establishment of Complaint Management Team
                                                                        dilakukan oleh Karyawan Perseroan                               for Violations allegedly committed by Employees
                                                                                                                                        of the Company

                                                                        •    Direksi bertanggung jawab atas                             •    The Board of Directors is responsible for

                                                                             terlaksananya Kebijakan Pengelolaan                             the implementation of the Policy on the

                                                                             Pengaduan Pelanggaran yang diduga                               Management of Complaints of Violations

                                                                             dilakukan oleh Karyawan Perseroan                               allegedly committed by Employees of the

                                                                             sebagaimana ditentukan di dalam pedoman                         Company as specified in this guideline.

                                                                             ini.                                                       •    The Board of Directors establishes the

                                                                        •    Direksi membentuk Tim Pengelola                                 Whistleblower Complaint Management

170                                                                          Pengaduan Pelanggaran yang                                      Team consisting of representatives from the
                                                                                                                                             Internal Audit Unit (SPI), Human Resources
                                                                             beranggotakan perwakilan dari Satuan
                                                                             Pengawasan Internal (SPI), Divisi Human                         Division and other parties required in

                                                                             Resources dan pihak lain yang diperlukan                        accordance with their competence and
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                             sesuai dengan kompetensi dan keahliannya                        expertise based on the decision of the Board

                                                                             berdasarkan keputusan Direksi.                                  of Directors.

                                                                        •    Ketua Tim Pengelola Pengaduan                              •    The Chairperson of the Board of Directors

                                                                             Pelanggaran jalur Direksi adalah Satuan                         Complaints Management Team is the

                                                                             Pengawasan Internal (SPI).                                      Internal Audit Unit (SPI).

                                                                        •    Tim Pengelola Pengaduan Pelanggaran                        •    The Board of Directors Complaints

                                                                             jalur Direksi bertugas untuk menindaklanjuti                    Management Team is tasked with following

                                                                             Pengaduan Pelanggaran yang diduga                               up on Complaints of Violations allegedly

                                                                             dilakukan oleh Karyawan Perseroan.                              committed by Employees of the Company.


                                                                   2.   Kewenangan Dewan Komisaris dan pembentukan                 2.   Authority of the Board of Commissioners and the

                                                                        Tim Pengelola Pengaduan Pelanggaran yang                        establishment of the Whistleblowing Complaint

                                                                        diduga dilakukan oleh Direksi, Dewan Komisaris,                 Management Team allegedly committed by

                                                                        Organ Penunjang Dewan Komisaris dan Kepala                      the Board of Directors, Board of Commissioners,

                                                                        Unit Kerja.                                                     Supporting Organ of the Board of Commissioners
                                                                                                                                        and Head of Work Unit.

                                                                        •    Dewan Komisaris bertanggung jawab atas                     •    The Board of Commissioners is responsible

                                                                             terlaksananya Kebijakan Pengelolaan                             for the implementation of the Policy

                                                                             Pengaduan Pelanggaran yang diduga                               on the Management of Complaints of

                                                                             dilakukan oleh Direksi, Dewan Komisaris,                        Violations allegedly committed by the

                                                                             Organ Penunjang Dewan Komisaris dan                             Board of Directors, Board of Commissioners,

                                                                             Kepala Unit Kerja sebagaimana ditentukan di                     Supporting Organs of the Board of

                                                                             dalam pedoman ini.                                              Commissioners and Heads of Work Units as
                                                                                                                                             specified in this guideline.

                                                                        •    Dewan Komisaris membentuk Tim                              •    The Board of Commissioners forms a

                                                                             Pengelola Pengaduan Pelanggaran yang                            Whistleblowing Complaint Management

                                                                             beranggotakan perwakilan dari Komite                            Team consisting of representatives from the

                                                                             Audit dan pihak lain yang diperlukan sesuai                     Audit Committee and other parties required

                                                                             dengan kompetensi dan keahliannya                               in accordance with their competence and

                                                                             berdasarkan keputusan Dewan Komisaris.                          expertise based on the decision of the Board
                                                                                                                                             of Commissioners.
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Tata Kelola Perusahaan                    Aksi Keberlanjutan        Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                      Sustainability Action     Signature Sheet                  Audited Financial Statements




         •    Ketua Tim Pengelola Pengaduan                            •    The Chairman of the Whistleblowing
              Pelanggaran jalur Dewan Komisaris adalah                      Complaint Management Team of the Board
              Komite Audit.                                                 of Commissioners is the Audit Committee.
         •    Tim Pengelola Pengaduan Pelanggaran                      •    The Board of Commissioners Complaints
              jalur Dewan Komisaris bertugas untuk                          Management Team is tasked with following
              menindaklanjuti pelanggaran yang diduga                       up on violations allegedly committed by the
              dilakukan oleh Direksi, Dewan Komisaris,                      Board of Directors, the Board of Commissioners,
              Organ Penunjang Dewan Komisaris dan                           the Supporting Organ of the Board of
              Kepala Unit Kerja.                                            Commissioners and the Head of the Work Unit.


    Pengelolaan Pengaduan & Pelanggaran                           Management of Complaints & Violations

    Pengaduan pelanggaran yang diduga dilakukan                   Complaints of violations allegedly committed by
    oleh Karyawan Perseroan dilakukan secara tertulis             Employees of the Company are made in writing
    dengan mekanisme menyampaikan surat resmi                     with the mechanism of submitting an official letter
    yang ditujukan kepada Direksi, dengan cara diantar            addressed to the Board of Directors, by direct delivery
                                                                                                                                    171
    langsung atau melalui pos ke Perseroan dengan                 or by post to the Company at the address:
    alamat:




                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
                   Direksi PT First Media Tbk                              Board of Directors of PT First Media Tbk
         u.p Tim Pengelola Pengaduan Pelanggaran                    u.p Whistleblowing Complaint Management Team
                    Gd. Lippo Kuningan Lt. 17                                   Gd. Lippo Kuningan 17th Floor
                  Jl. H.R.Rasuna Said Kav. B12                                   Jl. H.R.Rasuna Said Kav. B12
                         Jakarta 12920                                                  Jakarta 12920


    Pengaduan Pelanggaran yang diduga dilakukan                   Complaints of violations allegedly committed by the
    oleh Direksi, Dewan Komisaris, Organ Penunjang                Board of Directors, the Board of Commissioners, the
    Dewan Komisaris dan Kepala Unit Kerja dilakukan               Supporting Organ of the Board of Commissioners and
    secara tertulis dengan mekanisme menyampaikan                 the Head of the Work Unit are made in writing with the
    surat resmi yang ditujukan kepada Dewan Komisaris,            mechanism of submitting an official letter addressed
    dengan cara diantar langsung atau melalui pos ke              to the Board of Commissioners, by direct delivery or by
    Perseroan dengan alamat:                                      post to the Company at the address:


              Dewan Komisaris PT First Media Tbk                      Board of Commissioners of PT First Media Tbk
         u.p Tim Pengelola Pengaduan Pelanggaran                    u.p Whistleblowing Complaint Management Team
                    Gd. Lippo Kuningan Lt. 17                                   Gd. Lippo Kuningan 17th Floor
                  Jl. H.R.Rasuna Said Kav. B12                                   Jl. H.R.Rasuna Said Kav. B12
                         Jakarta 12920                                                  Jakarta 12920


    Pengaduan pelanggaran secara tertulis sebaiknya               Violation complaints in writing should be
    dilengkapi fotokopi identitas dan bukti pendukung             accompanied by a photocopy of identity and
    seperti dokumen yang berkaitan dengan transaksi               supporting evidence such as documents relating
    yang dilakukan dan/atau pengaduan pelanggaran                 to the transactions carried out and / or complaints
    yang akan disampaikan. Pengaduan pelanggaran                  of violations to be submitted. Written complaints of
    secara tertulis tanpa identitas wajib dilengkapi bukti        violations without identity must be accompanied by
    pendukung seperti dokumen yang berkaitan dengan               supporting evidence such as documents relating to
    transaksi yang dilakukan dan/atau pengaduan                   the transactions carried out and / or complaints of
    pelanggaran yang akan disampaikan.                            violations to be submitted.
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 2025 Performance                                                                   Company Profile              Management Report                   Management Discussion and Analysis




                                                                   Proses Penanganan Pengaduan                                       Complaint Handling Process

                                                                   Tim Pengelola Pengaduan Pelanggaran melakukan                     The Whistleblowing Complaint Management Team
                                                                   verifikasi atas laporan yang masuk berdasarkan                    verifies the incoming report based on the team’s
                                                                   catatan tim. Tim Pengelola Pengaduan Pelanggaran                  records. The Whistleblowing Complaint Management
                                                                   akan memutuskan perlu tidaknya dilakukan                          Team will decide whether or not to investigate the
                                                                   investigasi atas pengaduan pelanggaran dalam                      violation complaint within 30 (thirty) days and can be
                                                                   waktu 30 (tiga puluh) hari dan dapat diperpanjang                 extended for a maximum of 30 (thirty) working days.
                                                                   paling lama 30 (tiga puluh) hari kerja.


                                                                   Apabila hasil verifikasi menunjukkan bahwa                        If the verification results show that the complaint is not
                                                                   pengaduan tidak benar dan tidak ada bukti, maka                   true and there is no evidence, it will not be processed
                                                                   tidak akan diproses lebih lanjut. Apabila hasil verifikasi        further. If the verification results show that there are
                                                                   menunjukkan adanya indikasi pelanggaran yang                      indications of violations accompanied by sufficient
                                                                   disertai bukti-bukti yang cukup, maka pengaduan                   evidence, the complaint can be processed to the
172                                                                dapat diproses ke tahap investigasi.                              investigation stage.


                                                                   Terkait pengaduan pelanggaran yang melibatkan                     Related to complaints of violations involving
                                                                   oknum Karyawan Perseroan yang memerlukan                          unscrupulous employees of the Company that
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   investigasi, wajib ditindaklanjuti oleh Tim Pengelola             require investigation, must be followed up by the
                                                                   Pengaduan Pelanggaran tingkat Direksi untuk                       Whistleblowing Complaints Management Team at the
                                                                   diinvestigasi.                                                    Board of Directors level for investigation.


                                                                   Terkait pengaduan pelanggaran yang melibatkan                     Related to complaints of violations involving the Board
                                                                   Direksi, Dewan Komisaris, Organ Penunjang Dewan                   of Directors, the Board of Commissioners, the Supporting
                                                                   Komisaris dan Kepala Unit Kerja yang memerlukan                   Organ of the Board of Commissioners and the Head of
                                                                   investigasi, wajib ditindaklanjuti oleh Tim Pengelola             the Work Unit that require investigation, must be followed
                                                                   Pengaduan Pelanggaran tingkat Komisaris untuk                     up by the Whistleblowing Complaint Management Team
                                                                   diinvestigasi.                                                    at the Commissioner level for investigation.


                                                                   Pelaku pelanggaran yang telah terbukti berdasarkan                Violators who have been proven based on the results of
                                                                   hasil investigasi, akan diproses sesuai dengan                    the investigation, will be processed in accordance with
                                                                   peraturan yang berlaku. Apabila hasil investigasi                 applicable regulations. If the results of the investigation
                                                                   terbukti adanya pelanggaran disiplin oleh Karyawan                prove that there is a violation of discipline by an
                                                                   Perseroan, maka dapat ditindaklanjuti sidang disiplin             employee of the Company, a disciplinary hearing can be
                                                                   sesuai ketentuan yang berlaku dengan Direksi sebagai              followed up in accordance with applicable regulations
                                                                   hakim, Satuan Pengawas Internal (SPI) sebagai                     with the Board of Directors as the judge, the Internal
                                                                   penuntut, Divisi Human Resources atau Divisi Hukum                Supervisory Unit (SPI) as the prosecutor, the Human
                                                                   sebagai pembela dan pendapat atau masukan dari                    Resources Division or the Legal Division as the defense
                                                                   atasan yang bersangkutan.                                         and the opinion or input from the supervisor concerned.


                                                                   Apabila hasil investigasi terbukti adanya pelanggaran             If the results of the investigation prove that there is a
                                                                   oleh Karyawan Perseroan yang mengarah ke tindak                   violation by an Employee of the Company that leads
                                                                   pidana, maka dapat ditindaklanjuti proses hukum                   to a criminal offense, the applicable legal process can
                                                                   yang berlaku kepada lembaga penegak hukum                         be followed up to law enforcement agencies with the
                                                                   dengan Direksi atau yang diberi kuasa untuk itu                   Board of Directors or those authorized to do so as the
                                                                   sebagai pejabat penyerah perkara.                                 case handover official.
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Tata Kelola Perusahaan                 Aksi Keberlanjutan         Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                    Sustainability Action     Signature Sheet                   Audited Financial Statements




    Administrasi Pengaduan                                      Complaint Administration

    Seluruh proses pengaduan pelanggaran                        The entire process of violation complaints is properly
    diadministrasikan secara baik oleh Tim Pengelola            administered by the Whistleblowing Complaint
    Pengaduan Pelanggaran.                                      Management Team.


    Pemantauan Tindak Lanjut                                    Follow-up Monitoring

    Pemantauan tindak lanjut pengaduan pelanggaran              Monitoring of the follow-up of complaints of violations
    dilakukan oleh Tim Pengelola Pengaduan                      is carried out by the Whistleblowing Complaint
    Pelanggaran. Tim Pengelola Pengaduan                        Management Team. The Whistleblowing Complaint
    Pelanggaran di bawah pimpinan Ketua Tim                     Management Team under the leadership of the
    Pengelola Pengaduan harus menginformasikan                  Chairman of the Whistleblowing Complaint Management
    pengaduan pelanggaran yang masuk, yang                      Team must inform the incoming whistleblower
    diinvestigasi, dan yang dianggap selesai kepada             complaints, which are investigated, and which are
    Direksi setiap saat diperlukan.                             considered completed to the Board of Directors                     173
                                                                whenever necessary.
    Tim Pengelola Pengaduan Pelanggaran di bawah
    pimpinan Komite Audit harus menginformasikan                The Whistleblowing Complaint Management Team




                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
    pengaduan pelanggaran yang masuk, yang                      under the leadership of the Audit Committee must
    diinvestigasi, dan yang dianggap selesai kepada             inform the incoming whistleblower complaints, which
    Dewan Komisaris setiap saat diperlukan.                     are investigated, and which are considered completed
                                                                to the Board of Commissioners whenever necessary.

    Penyampaian Tanggapan
                                                                Submission of Response
    Perseroan melalui Tim Pengelola Pengaduan
    Pelanggaran dapat menginformasikan dan/                     The Company through the Whistleblowing

    atau memberikan tanggapan atas status proses                Complaint Management Team may inform

    penyelesaian pengaduan pelanggaran kepada                   and/or provide a response to the status of the

    pemangku kepentingan dan/atau perwakilan                    whistleblower complaint resolution process to

    pemangku kepentingan yang meminta penjelasan                stakeholders and/or stakeholder representatives

    kepada Perseroan mengenai pengaduan                         who request an explanation to the Company

    pelanggaran yang diajukannya. Untuk pengaduan               regarding the whistleblower complaint submitted.

    pelanggaran tanpa identitas, tidak ada kewajiban            For anonymous whistleblowing complaints, there

    Perseroan untuk memberikan tanggapan.                       is no obligation for the Company to provide a
                                                                response.

    Publikasi & Sosialisasi

    Perseroan wajib mempublikasikan serta
                                                                Publication & Socialization
    mensosialisasikan Kebijakan Pengelolaan Pengaduan
    Pelanggaran kepada seluruh Karyawan Perseroan               The Company shall publish and socialize the
    maupun pemangku kepentingan melalui berbagai                Whistleblowing Complaint Management Policy to all
    media perusahaan, seperti mendapatkan surat                 Employees of the Company and stakeholders through
    pernyataan yang telah ditandatangani perihal                various company media, such as obtaining a signed
    dukungan dari seluruh Dewan Komisaris, Dewan                statement letter regarding the support of the entire
    Direksi dan seluruh Karyawan Perseroan terhadap             Board of Commissioners, Board of Directors and all
    pelaksanaan Kebijakan Pengelolaan Pengaduan                 Employees of the Company for the implementation
    Pelanggaran dan mencetak dan mendistribusikan               of the Whistleblowing Complaint Management Policy
    kebijakan ini.                                              and printing and distributing this policy.
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 2025 Performance                                                                    Company Profile        Management Report                 Management Discussion and Analysis




                                                                   Perlindungan Pelapor dan Terlapor                            Protection of Whistleblowers and Reporters

                                                                   Perseroan berkewajiban untuk melindungi pelapor.             The Company is obliged to protect whistleblowers.
                                                                   Perlindungan pelapor dimaksudkan untuk mendorong             Whistleblower protection is intended to encourage the
                                                                   keberanian melaporkan pelanggaran. Perlindungan              courage to report violations. Whistleblower protection
                                                                   pelapor meliputi:                                            includes:
                                                                   •   Jaminan kerahasiaan identitas pelapor dan isi            •   Guarantee the confidentiality of the reporter’s
                                                                       laporan.                                                     identity and the contents of the report.
                                                                   •   Jaminan keamanan bagi pelapor maupun                     •   Security guarantee for the reporter and his/her
                                                                       keluarganya.                                                 family.
                                                                   •   Jaminan perlindungan terhadap perlakuan yang             •   Guarantee of protection against harmful
                                                                       merugikannya.                                                treatment.
                                                                   •   Perseroan memberikan jaminan kerahasiaan                 •   The Company guarantees the confidentiality of
                                                                       identitas terlapor sampai berubah pada status                the reporter’s identity until it changes to the status
                                                                       terperiksa.                                                  of being investigated.
174
                                                                   Apresiasi Pelapor                                            Whistleblower Appreciation
                                                                   Perseroan dapat memberikan penghargaan
                                                                                                                                The Company can give awards to whistleblowers for
                                                                   kepada pelapor atas pelanggaran yang dapat
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                violations that can be proven so that the Company’s
                                                                   dibuktikan sehingga aset/keuangan Perseroan
                                                                                                                                assets/finances can be saved. The award is given
                                                                   dapat diselamatkan. Penghargaan diberikan melalui
                                                                                                                                through the policy of the Board of Directors.
                                                                   kebijakan Direksi.


                                                                   Jumlah Pengaduan selama 2025                                 Number of Complaints during 2025

                                                                   Sepanjang tahun 2025, tidak terdapat laporan                 Throughout 2025, there were no reports of alleged
                                                                   dugaan tindakan penipuan atau pelanggaran yang               acts of fraud or misconduct involving the Company’s
                                                                   melibatkan karyawan Perseroan yang disampaikan               employees that were submitted through the WBS.
                                                                   melalui WBS.
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Tata Kelola Perusahaan                     Aksi Keberlanjutan            Lembar Tanda Tangan             Laporan Keuangan Audit
Corporate Governance                       Sustainability Action         Signature Sheet                 Audited Financial Statements




    KODE ETIK & ANTI-KORUPSI
    Code of Ethics & Anti-Corruption

    Perseroan telah memberlakukan Kode Etik dan                    The Company has put into effect the Code of Ethics
    Tanggung Jawab Profesional (Kode Etik) melalui                 and Professional Responsibility (Code of Ethics)
    Surat Keputusan Direksi No: SK No.002/DIR/IV/15                by the Decision Letter of Board of Directors No: SK
    tanggal 19 Oktober 2010, sebagai salah satu bentuk             No.002/DIR/IV/15 dated October 19, 2010, as part of
    komitmen Perseroan dalam implementasi GCG.                     commitment of the Company in implementing GCG.
    Berpedoman pada standar internasional, komitmen                Guided by international standards, the commitment
    untuk senantiasa patuh pada peraturan yang berlaku,            to continuously comply with the applicable
    dan penerapan prinsip tata kelola yang baik di                 regulations and the application of good governance
    Perseroan, maka secara fundamental penting bagi                in the Company, it is fundamentally crucial for the
    Perseroan untuk menetapkan Standar Kode Etik dan               Company to establish the Standards of Code of                        175
    Tanggung Jawab Profesional. Selain itu juga sebagai            Ethics and Professional Responsibilities. In addition,
    salah satu tolak ukur dalam upaya untuk mencapai               as a benchmark in the efforts to achieve business
    keseimbangan operasional usaha Perseroan dan                   operational balance in the Company and to also




                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
    juga untuk memperoleh kesinambungan usaha                      obtain business sustainability which in the long term is
    jangka panjangnya yang tidak hanya tercermin dari              not only reflected by the compliance of the Company
    kepatuhan Perseroan terhadap aturan yang bersifat              with regulations which are binding.
    mengikat.
                                                                   All management and employees shall understand the
    Seluruh manajemen dan karyawan wajib memahami
                                                                   standards of Code of Ethics as a reference and basis
    standar Kode Etik ini sebagai dasar penerapan
                                                                   in regulating the relationship between employees
    dalam berperilaku yang mengatur hubungan antara
                                                                   and the Company, fellow employees, customers,
    karyawan dengan Perseroan, sesama karyawan,
                                                                   suppliers, shareholders, stakeholders, government
    pelanggan, pemasok, pemegang saham, pemangku
                                                                   and public. This Code of Ethics contains a collection of
    kepentingan, pemerintah dan masyarakat. Kode Etik
                                                                   commitments comprising of business ethics and work
    ini memuat kumpulan komitmen yang terdiri dari etika
                                                                   ethics of each member of the Company.
    bisnis dan etika kerja setiap anggota Perseroan.

    Pokok-pokok Kode Etik                                          Principles of the Code of Ethics
    Kode Etik Perseroan terdiri dari 17 pasal:                     The Company’s Code of Ethics consists of 17 articles:
    1.    Umum                                                     1.      General
    2.    Integritas                                               2.      Integrity
    3.    Benturan Kepentingan                                     3.      Conflict of Interest
    4.    Informasi mengenai Hak Kepemilikan dan                   4.      Information on Proprietary Rights and Confidential
          Informasi Rahasia                                                Information
    5.    Pengamanan Aset                                          5.      Asset Safeguarding
    6.    Praktek Kepegawaian yang Layak                           6.      Appropriate Personnel Practices
    7.    Pelecehan dan Intimidasi                                 7.      Harassment and Intimidation
    8.    Perundang-undangan dan Peraturan                         8.      Legislation and Regulations
    9.    Kecermatan Catatan dan Pelaporan Perusahaan              9.      Accuracy of Company Records and Reporting
    10.   Hubungan dengan Pemasok                                  10.     Relationship with Suppliers
    11.   Media Massa dan Penerbitan                               11.     Mass Media and Publishing
    12.   Menerima dan Melakukan Aktivitas Luar                    12.     Receiving and Conducting Outside Activities
    13.   Hubungan Sosial yang Dapat Diterima                      13.     Acceptable Social Relationships
    14.   Pencucian Uang                                           14.     Money Laundering
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 2025 Performance                                                                  Company Profile             Management Report                   Management Discussion and Analysis




                                                                   15.   Penerimaan Pekerjaan dari Keluarga Karyawan               15.   Employment of Employee Family Members
                                                                   16.   Sinergi                                                   16.   Synergy
                                                                   17.   Pelaksanaan                                               17.   Implementation


                                                                   Pedoman Tata Kerja Dewan Komisaris dan Direksi                  Guidelines on the Working Procedures of The Board of
                                                                                                                                   Commissioners and Board of Directors
                                                                   Selain diatur dalam Anggaran Dasar perusahaan,
                                                                   tugas dan wewenang Dewan Komisaris dan Direksi                  In addition to being regulated in the company’s Articles

                                                                   dipertegas dan diperinci dalam Piagam Dewan                     of Association, the duties of and authority of the Board
                                                                                                                                   of Commissioners and Board of Directors set forth in
                                                                   Komisaris dan Piagam Direksi yang mengatur
                                                                                                                                   the company’s Articles of Association are confirmed
                                                                   praktik GCG khusus untuk Dewan Komisaris dan
                                                                                                                                   and detailed in the Charter of Board of Commissioners
                                                                   Direksi.
                                                                                                                                   and Charter of Board of Directors that regulates GCG
                                                                                                                                   practices particularly for the Board of Commissioners
                                                                                                                                   and Board of Directors.
176
                                                                   Piagam Dewan Komisaris dan Piagam Direksi berisi                The Charter of Board of Commissioners and Charter
                                                                   kesepakatan antara Direksi dan Dewan Komisaris                  of Board of Directors contain an agreement between
                                                                   mengenai tugas, wewenang dan tanggung                           Board of Directors and Board of Commissioners
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   jawab masing-masing organ perusahaan untuk                      concerning the duties, authority and responsibility
                                                                   meningkatkan kualitas dan efektivitas hubungan                  of each company organ to improve the quality
                                                                   kerja antar organ perusahaan, menerapkan asas-                  and effectiveness of work relationship among
                                                                   asas GCG serta membangun kemandirian dalam                      company organs, apply GCG principles and develop
                                                                   membuat keputusan dan dapat menjalankan                         independence in making decisions and can carry
                                                                   tugas dan tanggung jawab masing-masing sesuai                   out their respective duties and responsibilities in
                                                                   dengan harapan pemegang saham dan pemangku                      accordance with the expectation of shareholders and
                                                                   kepentingan lainnya.                                            other stakeholders.


                                                                   Peraturan Perusahaan                                            Company Regulation

                                                                   Peraturan Perusahaan adalah dokumen yang                        Company Regulation is a document which is
                                                                   wajib dimiliki setiap perusahaan di Indonesia                   mandatory for a company to have in Indonesia which
                                                                   yang memenuhi ketentuan, sebagaimana diatur                     meets the provisions, as provided under Law No. 13
                                                                   dalam Undang-Undang No. 13 Tahun 2003 tentang                   Tahun 2003 on Manpower.
                                                                   Ketenagakerjaan.

                                                                   Peraturan Perusahaan Perseroan disusun                          The Company’s Company regulation is prepared in
                                                                   sejalan dengan falsafah Pancasila dan Program                   line with the philosophy of Pancasila and the National
                                                                   Pembangunan Nasional, khususnya dalam hal                       Development Program, particularly in the area of
                                                                   perbaikan ekonomi serta peningkatan taraf hidup                 economic improvement and enhancement of the
                                                                   bangsa. Berkaitan dengan hal tersebut, Perseroan                nation’s life standards. With regard to the matter, the
                                                                   berkeinginan untuk tidak hanya berperan serta dalam             Company has the intention not only to play a role in
                                                                   pembangunan perekonomian Indonesia dengan                       Indonesian economic development by developing its
                                                                   mengembangkan kegiatan usahanya, namun juga                     business activities, but also in developing its human
                                                                   dengan mengembangkan sumber daya manusianya                     resources through the enhancement of competencies
                                                                   melalui peningkatan kompetensi sumber daya                      of its human resources.
                                                                   manusianya.

                                                                   Upaya Perseroan dalam melaksanakan tata kelola                  The Company’s efforts in implementing corporate
                                                                   perusahaan tercermin mulai dari visi, misi dan nilai-           governance are reflected from the Company’s vision,
                                                                   nilai Perseroan, hingga bagaimana Perseroan menaati             mission and values, to how the Company complies
                                                                   peraturan yang berlaku dalam mencapai visi, misi,               with applicable regulations in achieving the vision,
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    dan nilai-nilai tersebut. Kesadaran bahwa Perseroan         mission and values. Realizing that the Company must
    harus menjadi bagian dari good corporate citizen,           be part of a good corporate citizen, the Company sets
    Perseroan menetapkan peraturan yang seimbang                balanced rules in regulating the Company’s external
    dalam mengatur hubungan eksternal dan internal              and internal relationships.
    Perseroan.


    Pihak yang terkait dengan hubungan eksternal                Parties related to the Company’s external relations

    Perseroan, diantaranya lembaga pemerintahan                 include government and independent institutions

    dan independen yang berkaitan dengan kegiatan               related to the Company’s business activities, users

    usaha Perseroan, pengguna jasa layanan Perseroan,           of the Company’s services, partner companies in the

    perusahaan rekanan dalam kegiatan usaha                     Company’s business activities, and the community

    Perseroan, dan masyarakat yang berada di sekitar            around the Company’s place of business. Meanwhile,

    tempat usaha Perseroan. Sementara pihak yang                parties related to the Company’s internal relations are

    terkait hubungan internal Perseroan adalah organ            the Company’s organs and employees. Therefore, the

    Perseroan dan karyawannya. Oleh karena itu,                 Company prepares a series of regulations that are                 177
    Perseroan menyusun serangkaian peraturan yang               stipulated as company regulations.

    ditetapkan sebagai peraturan perusahaan.




                                                                                                                                  PT First Media Tbk | Annual Report & Sustainability Report 2025
    Berdasarkan kesadaran Perseroan dalam                       Based on the awareness of the Company to define

    menetapkan peraturan yang seimbang dalam                    a balanced regulation to regulate the Company’s

    mengatur hubungan eksternal dan internal Perseroan          external and internal relationship and to create good

    dan mewujudkan tata kelola perusahaan yang baik,            corporate governance, a regulation is formulated to

    disusunlah peraturan yang mencakup prinsip etika            include proper business ethics principles, policies and

    bisnis yang bermartabat, kebijakan dan prosedur,            procedures, risk management, internal control and

    manajemen risiko, pengendalian dan pengawasan               supervision, leadership, duties and responsibilities,

    internal, kepemimpinan, pengelolaan tugas dan               management empowerment and employees

    tanggung jawab, pemberdayaan manajemen dan                  competition complete with work evaluation system

    kompetisi karyawan lengkap dengan sistem evaluasi           and awards.

    kerja, serta penghargaan.


    Peraturan Perusahaan yang ditetapkan Perseroan              The Company Regulation established by the

    harus mampu memperkuat struktur tata kelola                 Company should be able to strengthen the structure

    perusahaan agar tercipta hubungan kerja yang                of corporate governance to create a harmonious

    harmonis, sekaligus efektif antar organ dan                 and effective work relationship, among organs and

    karyawan Perseroan. Sistem pengawasan, evaluasi,            employees of the Company. The supervisory system,

    dan tindakan harus berlandasan keakuratan dan               evaluation, and actions should be based on accuracy

    akuntabilitas, tanpa menghambat kinerja setiap              and accountability, without giving constraints to

    organ Perseroan. Dengan demikian, proses tata kelola        the performance of each organ of the Company.

    perusahaan dapat dilakukan dengan mutu yang terus           Therefore, the corporate governance process may

    semakin meningkat, mulai dari tingkat karyawan,             be carried out with continuously improved quality,

    manajemen, hingga ke tingkat pimpinan Perseroan.            starting from the level of employees, management

    Proses tata kelola yang terus meningkat ini akan            up to the leaders of the Company. The continuously

    berujung kepada terpeliharanya hubungan eksternal           increasing governance process will eventually be

    dan internal Perseroan.                                     able to maintain the Company’s external and internal
                                                                relationship.
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                                                                   Peraturan Perusahaan Perseroan telah disusun sesuai              The Company’s Company Regulation has been
                                                                   ketentuan peraturan perundangan yang berlaku serta               prepared in accordance with the applicable laws
                                                                   sejalan dengan nilai-nilai inti perusahaan. Dokumen              and regulations and are in line with the core values of
                                                                   tersebut telah disahkan berdasarkan Surat Keputusan              the company. The documents have been validated

                                                                   Direktur Jenderal Hubungan Industrial dan Jaminan                pursuant to Decision Letter of Director General of

                                                                   Sosial Tenaga Kerja – Kementerian Tenaga Kerja                   Industrial Relations and Manpower Social Security
                                                                                                                                    – Ministry of Manpower of the Republic of Indonesia
                                                                   Republik Indonesia Nomor: Kep.403/PHIJSK-PK/PP/
                                                                                                                                    Number: Kep.403/PHIJSK-PK/PP/III/2016 dated March
                                                                   III/2016 tanggal 29 Maret 2016 tentang Pengesahan
                                                                                                                                    29, 2016 on validation of PT First Media Tbk’s Company
                                                                   Peraturan Perusahaan PT First Media Tbk. Secara
                                                                                                                                    Regulation. In general, the Company’s Company
                                                                   umum, Peraturan Perusahaan Perseroan memuat
                                                                                                                                    Regulation contains the rights and obligations of
                                                                   hak dan kewajiban karyawan dan Perseroan, serta
                                                                                                                                    employees and the Company, and the provisions
                                                                   ketentuan yang bertujuan membina hubungan serasi,
                                                                                                                                    that have the purpose to develop a harmonious
                                                                   selaras, dan seimbang dalam usaha meningkatkan
                                                                                                                                    and balanced in the endeavor to improve efficiency,
                                                                   efisiensi, produktivitas dan prestasi kerja yang optimal.
                                                                                                                                    productivity and work achievement optimally. It is
178                                                                Diharapkan Peraturan Perusahaan Perseroan dapat                  expected that the Company’s Company Regulation
                                                                   mewujudkan terciptanya hubungan industrial yang                  can create a conducive industrial relations
                                                                   kondusif antara karyawan dan Perseroan, dengan                   environment between employees and the Company,
                                                                   memperhatikan peraturan perundang-undangan                       in observance of the prevailing laws and regulations
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   dan peraturan pemerintah yang berlaku, termasuk                  and government regulations, including any
                                                                   penyesuaiannya di kemudian hari.                                 amendments thereto in the future.


                                                                   Tata Kelola Sumber Daya Manusia                                  Human Resources Governance

                                                                   Pengelolaan sumber daya manusia telah ditetapkan                 Human resources management has been established
                                                                   sebagai salah satu bagian dalam rencana strategis                as one part of the Company’s development strategic
                                                                   pengembangan Perseroan, karena dengan cara                       planning, because that way the Company will be able
                                                                   demikian Perseroan dapat dengan mulus dan secara                 to smoothly and sustainably enhance its capability
                                                                   berkesinambungan meningkatkan kemampuannya                       to compete with other companies in Indonesia. The
                                                                   untuk berkompetisi dengan perusahaan lainnya di                  Company always believes that human resources
                                                                   Indonesia. Perseroan senantiasa meyakini bahwa                   are the most important asset for sustainable growth
                                                                   sumber daya manusia adalah aset yang sangat                      and development of the Company in the long-term.
                                                                   penting bagi kesinambungan pertumbuhan dan                       Various aspects are considered by the Company in
                                                                   perkembangan Perseroan dalam jangka panjang.                     order that a harmonious, secure, stabile, peaceful
                                                                   Berbagai aspek dipertimbangkan oleh Perseroan agar               and dynamic relationship could be created between
                                                                   dapat tercipta hubungan yang serasi, aman, mantap,               the Company and all of its employees, among others
                                                                   tentram, dan dinamis antara Perseroan dengan                     through clarity in giving assignments, rights and daily
                                                                   seluruh karyawannya, antara lain melalui adanya                  obligations of each employee, giving attention to
                                                                   kejelasan dalam pemberian tugas, hak, dan kewajiban              employees’ health, as well as work atmosphere that
                                                                   harian masing-masing karyawan, memberikan                        support employees’ productivity. These aspects are
                                                                   perhatian akan kesehatan karyawan, serta                         expected to increase employee productivity and help
                                                                   atmosfer lingkungan kerja yang menunjang kinerja                 create peace and employee satisfaction at work, so
                                                                   karyawan. Aspek-aspek tersebut diharapkan dapat                  that it will greatly help resolve problems that may arise
                                                                   meningkatkan produktivitas karyawan dan membantu                 through deliberation.
                                                                   menciptakan ketenteraman dan kepuasan karyawan
                                                                   dalam bekerja sehingga akan sangat membantu
                                                                   menyelesaikan masalah-masalah yang mungkin
                                                                   timbul secara musyawarah.
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    Kebijakan Anti-Korupsi                                        Anti-Corruption Policy

    Untuk mewujudkan komitmen Perseroan terhadap                  To realize the Company’s commitment to the
    penerapan GCG di lingkungan usahanya, Perseroan               implementation of GCG in its business environment,
    mendukung penuh upaya yang dilakukan oleh                     the Company fully supports the efforts made by all
    semua pihak dalam menciptakan iklim usaha yang                parties in creating a business climate that is free from
    bebas dari praktik korupsi dan gratifikasi. Kebijakan         corrupt practices and gratuities. The anti-corruption
    antikorupsi bertujuan untuk mencegah praktik korupsi,         policy aims to prevent the practice of corruption,
    balas jasa (kickbacks), kecurangan (fraud), suap,             kickbacks, fraud, bribery, and/or gratification. This
    dan/atau gratifikasi. Kebijakan ini disusun sesuai            policy is prepared in accordance with applicable
    dengan regulasi yang berlaku dan berlaku bagi                 regulations and applies to all levels of the Board of
    seluruh jajaran Dewan Komisaris, Direksi, manajemen,          Commissioners, Board of Directors, management, and
    dan karyawan Perseroan.                                       employees of the Company.

    Untuk memastikan implementasi anti korupsi,                   To ensure the implementation of anti-corruption, the
    Perseroan telah menjalankan program dan prosedur              Company has implemented the following programs                      179
    sebagai berikut:                                              and procedures:
    1.   Ketentuan Tertulis dalam Kode Etik: Kebijakan            1.     Explicit Provisions in the Code of Ethics: The
         anti korupsi telah tercantum dalam Kode Etik                    anti-corruption policy has been stated in the




                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
         Perseroan                                                       Company’s Code of Ethics.
    2.   Sanksi Pelanggaran: Pelanggaran terkait korupsi,         2.     Sanctions for Violations: Violations related to
         suap, dan gratifikasi akan dikenakan sanksi tegas
                                                                         corruption, bribery, and gratuities will be subject
         sesuai dengan peraturan internal Perseroan
                                                                         to strict sanctions in accordance with the
         dan hukum yang berlaku, seperti pemutusan
                                                                         Company’s internal regulations and applicable
         hubungan kerja (PHK), tuntutan hukum, hingga
                                                                         laws, such as termination of employment (PHK),
         pelaporan kepada pihak berwenang.
                                                                         lawsuits, and reporting to the authorities.
    3.   Kebijakan Anti Gratifikasi: Perseroan melarang
                                                                  3.     Anti-Gratification Policy: The Company
         seluruh karyawan menerima atau memberikan
         gratifikasi dalam bentuk apa pun yang dapat                     prohibits all employees from receiving or

         mempengaruhi pengambilan keputusan                              giving gratuities in any form that may influence

         profesional. Seluruh bentuk pemberian yang                      professional decision making. All gifts received
         diterima oleh karyawan wajib dilaporkan                         by employees must be reported and submitted
         dan diserahkan ke Divisi SDM dengan disertai                    to the HR Division with supporting documents.
         dokumen pendukung.                                       4.     Whistleblowing System: The Company provides
    4.   Sistem Pelaporan Pelanggaran (Whistleblowing                    a whistleblowing mechanism that allows
         System): Perseroan menyediakan mekanisme                        employees, business partners, or external
         pelaporan pelanggaran yang memungkinkan
                                                                         parties to report suspected corruption, bribery,
         karyawan, mitra bisnis, atau pihak eksternal
                                                                         or other violations.
         untuk melaporkan dugaan korupsi, suap, atau
         pelanggaran lainnya.

    Penyebarluasan Kode Etik                                      Dissemination of Code of Ethics

    Perseroan menyebarluaskan Kode Etik melalui e-mail            The Company disseminates the Code of Ethics via
    kepada karyawan setiap awal tahun. Setiap karyawan            e-mail to employees at the beginning of each year.
    Perseroan menandatangani Pernyataan atas
                                                                  All employees of the Company signed a Statement
    Keterbukaan Informasi (Statement on Disclosure) yang
                                                                  on Disclosure which is essentially a confirmation
    pada intinya adalah pernyataan konfirmasi bahwa
                                                                  statement that they have has read and fully
    telah membaca dan memahami Kode Etik secara
                                                                  understood the Code of Ethics. Throughout 2025, the
    sepenuhnya. Sepanjang tahun 2025, Perseroan tidak
                                                                  Company did not find any violations of the Code
    menemukan adanya pelanggaran kode etik yang
    mengganggu kelangsungan operasional Perseroan.                of Ethics that disrupted the Company’s operational
                                                                  continuity.
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                                                                   PERKARA HUKUM
                                                                   Legal Cases

                                                                   Dalam rangka memenuhi harapan para pemangku                    In order to meet the expectations of its stakeholders,
                                                                   kepentingannya, Perseroan terus meningkatkan                   the Company continues to improve the
                                                                   penerapan praktik tata kelola perusahaan yang                  implementation of good corporate governance
                                                                   baik dengan cara memberikan perhatian yang                     practices by paying increasingly focused attention
                                                                   semakin terfokus pada masing-masing pemangku
                                                                                                                                  to each stakeholder. The Company further adapts
                                                                   kepentingan. Perseroan selanjutnya menyesuaikan
                                                                                                                                  its mechanisms and policies to the evolving
                                                                   mekanisme dan kebijakan yang berlaku di
                                                                                                                                  expectations of its stakeholders.
                                                                   perusahaan dengan perkembangan ekspektasi para
                                                                   pemangku kepentingannya.

180
                                                                   Perkara Hukum                                                  Legal Cases

                                                                   Pada tahun 2025, Perseroan termasuk Dewan                      In 2025, the Company, including the Board of
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Komisaris dan Direksi tidak menghadapi tuntutan                Commissioners and the Board of Directors, did not face
                                                                   atau perkara hukum yang berdampak material
                                                                                                                                  any legal claims or cases with material impact related to
                                                                   terkait pelanggaran hukum dan perundang-
                                                                                                                                  violations of laws and regulations.
                                                                   undangan.


                                                                   Sanksi Administratif                                           Administrative Sanctions

                                                                   Selama tahun 2025, tidak ada sanksi administratif              During 2025, there were no administrative sanctions or

                                                                   atau sanksi yang dikenakan kepada Perseroan,                   penalties imposed on the Company, members of the

                                                                   anggota Dewan Komisaris dan anggota Direksi, oleh              Board of Commissioners and members of the Board of
                                                                   Otoritas Jasa Keuangan dan otoritas lainnya.                   Directors, by the Financial Services Authority and other
                                                                                                                                  authorities.




                                                                   KETERBUKAAN INFORMASI & PAPARAN PUBLIK
                                                                   Information Disclosure & Public Expose

                                                                   Perseroan menyebarluaskan informasi aktivitas dan              The Company periodically disseminates information
                                                                   kinerja Perseroan secara berkala. Keterbukaan ini              on the Company’s activities and performance.
                                                                   dilakukan dalam rangka memenuhi amanat dan                     This disclosure is made to fulfill the mandate and
                                                                   ketentuan kepada Otoritas Jasa Keuangan. Perseroan             provisions to the Financial Services Authority. The
                                                                   secara rutin melakukan pembaruan tentang aktivitas             Company regularly updates the Company’s activities,
                                                                   perusahaan, laporan keuangan triwulan dan tahunan,
                                                                                                                                  quarterly and annual financial reports, annual reports,
                                                                   laporan tahunan, laporan keberlanjutan, Keterbukaan
                                                                                                                                  sustainability reports, Information Disclosure, and others.
                                                                   Informasi, dan lainnya.


                                                                   Paparan Publik Tahunan                                         Annual Public Expose

                                                                   Pada tahun 2025, Perseroan telah melaksanakan                  In 2025, the Company has carried out its information
                                                                   kewajiban keterbukaan informasi dalam bentuk                   disclosure obligations in the form of submitting annual
                                                                   penyampaian materi paparan publik tahunan yang                 public expose materials together with the Annual Audited
                                                                   disampaikan bersamaan dengan Laporan Keuangan                  Financial Statements for the fiscal year 2024.
                                                                   Audit Tahunan tahun buku 2024.
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    Penyampaian ini sesuai dengan pemenuhan                        This submission complies with Regulation Number
    Peraturan Nomor I-E Keputusan Direksi PT Bursa Efek            I-E of the Decree of the Board of Directors of PT Bursa
    Indonesia No. Kep-00015/BEI/01-2021 tanggal 1 Februari         Efek Indonesia (Indonesia Stock Exchange) No. Kep-
    2021 tentang Perubahan Peraturan Nomor I-E tentang             00015/BEI/01-2021 dated February 1, 2021 concerning
    Kewajiban Penyampaian Informasi.
                                                                   Amendments to Regulation Number I-E concerning
                                                                   Obligations to Submit Information.

    Paparan Publik Insidentil                                      Incidental Public Expose

    Pada tanggal 25 Agustus 2025, PT Bursa Efek                    On August 25, 2025, the Indonesia Stock Exchange
    Indonesia mengumumkan penghentian sementara                    announced a temporary suspension of trading in the
    perdagangan saham Perseroan dalam rangka cooling               Company’s shares as part of a cooling-down measure
    down sebagai bentuk perlindungan bagi investor (No.            to protect investors (Ref. No. Peng-SPT.00170/BEI.WAS/08-
    Peng-SPT.00170/BEI.WAS/08-2025). Kemudian pada                 2025). Subsequently, on August 28, 2025, the Company

                                                                                                                                       181
    tanggal 28 Agustus 2025, Perseroan melaksanakan                conducted an Incidental Public Expose.
    Paparan Publik Insidentil.



    Situs Web Perseroan                                            The Company’s Website




                                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
    Perseroan senantiasa mematuhi ketentuan                        The Company always complies with the provisions of
    keterbukaan informasi kepada publik. Kepatuhan                 information disclosure to the public. Compliance with this,
    terhadap hal ini, khususnya dalam penyampaian                  especially in the submission of a number of reports and
    sejumlah laporan dan informasi penting lainnya                 other important information is published on the website.
    dimuat dalam situs web. Perseroan mengelola situs
                                                                   The Company maintains a website at the address: www.
    web pada alamat: www.firstmedia.co.id.
                                                                   firstmedia.co.id.

    Laporan maupun informasi lainnya yang disampaikan              Reports and other information submitted on the website

    dalam situs web antara lain laporan keuangan                   include quarterly and annual financial reports, annual
    triwulan dan tahunan, laporan tahunan, materi                  reports, public exposure materials, charters and other
    paparan publik, piagam dan keterbukaan informasi               information disclosure that needs to be made available
    lainnya yang perlu diketahui publik.                           to the public.
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                                                                   LAPORAN KOMITE AUDIT
                                                                   Audit Committee Report

                                                                   Jakarta, 24 April 2026                                          Jakarta, 24 April 2026

                                                                   Yang terhormat,                                                 Dear,
                                                                   Dewan Komisaris PT First Media Tbk                              Board of Commissioners of PT First Media Tbk

                                                                   Hal: Laporan Komite Audit                                       Subject: Audit Committee Report


                                                                   Dengan Hormat,                                                  Respectfully,

                                                                   Untuk memenuhi ketentuan sebagaimana diatur                     To fulfill the provisions as stipulated in the
                                                                   dalam Peraturan Otoritas Jasa Keuangan No. 55/                  Financial Services Authority Regulation No. 55/
182                                                                POJK.04/2015 tanggal 29 Desember 2015, tentang                  POJK.04/2015 dated December 29, 2015, regarding
                                                                   Pembentukan dan Pedoman Pelaksanaan Kerja                       the Establishment and Implementation Guidelines
                                                                   Komite Audit, kami selaku Komite Audit PT First Media           for the Audit Committee, we as the Audit Committee
                                                                   Tbk (“Perseroan”) dengan ini menyampaikan bahwa                 of PT First Media Tbk (“Company”) hereby submit
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Komite Audit telah menjalankan tugas – tugas dan                that the Audit Committee has carried out its duties
                                                                   tanggung jawab, sesuai dengan Pedoman Kerja                     and responsibilities, in accordance with the Audit
                                                                   Komite Audit (Audit Committee Charter) yang telah               Committee Charter established by the Company’s
                                                                   ditetapkan Dewan Komisaris Perseroan.                           Board of Commissioners.


                                                                   Dengan ini kami melaporkan kegiatan Komite Audit                We hereby report the activities of the Company’s

                                                                   Perseroan selama tahun buku 2025, yaitu Komite Audit            Audit Committee during the fiscal year 2025, namely

                                                                   telah melakukan 4 (empat) kali rapat Komite Audit               the Audit Committee has conducted 4 (four) Audit

                                                                   yang dihadiri oleh Manajemen Perseroan. Dalam rapat             Committee meetings which were attended by the

                                                                   – rapat tersebut dibahas antara lain:                           Company’s Management. The meetings discussed,

                                                                   1.   Penelaahan atas Laporan Keuangan Perseroan                 among others:

                                                                        untuk periode satu tahun yang berakhir pada                1.   Review of the Company’s Financial Statements for

                                                                        tanggal 31 Desember 2025;                                       the one-year period ending December 31, 2025;

                                                                   2.   Penelaahan Laporan Keuangan Interim Perseroan;             2.   Review of the Company’s Interim Financial

                                                                   3.   Penelaahan Laporan Aktivitas Unit Audit Internal;               Statements;

                                                                        dan                                                        3.   Review of the Internal Audit Unit Activity Report;

                                                                   4.   Penelaahan kinerja Komite Audit atas                            and

                                                                        implementasi proses perencanaan Manajemen                  4.   Review of the Audit Committee’s performance

                                                                        Risiko dalam Perseroan serta unit usaha.                        on the implementation of the Risk Management
                                                                                                                                        planning process in the Company and business
                                                                                                                                        units.

                                                                   Dalam rangka memenuhi kewajiban pengungkapan                    In order to fulfill the obligation to disclose the results
                                                                   atas hasil penelaahan Komite Audit dalam Laporan                of the Audit Committee’s review in the Company’s
                                                                   Tahunan Perseroan, berikut ini kami sampaikan                   Annual Report, we hereby submit the following
                                                                   kesimpulan sebagai berikut:                                     conclusions:
                                                                   1.   Kegiatan usaha Perseroan dijalankan dengan                 1.   The Company’s business activities are carried
                                                                        pengendalian internal yang efektif yang secara                  out with effective internal controls that are
                                                                        terus – menerus ditingkatkan kualitasnya sesuai                 continuously improved in accordance with the
                                                                        dengan kebijakan yang digariskan oleh Direksi                   policies outlined by the Company’s Board of
                                                                        Perseroan yang diawasi oleh Dewan Komisaris                     Directors supervised by the Company’s Board of
                                                                        Perseroan;                                                      Commissioners;
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    2.   Direksi Perseroan telah menunjuk Kantor Akuntan          2.     The Board of Directors of the Company has
         Publik Amir Abadi Jusuf, Aryanto, Mawar & Rekan                 appointed Amir Abadi Jusuf, Aryanto, Mawar
         untuk melakukan audit atas laporan keuangan                     & Rekan Public Accounting Firm to audit the
         konsolidasi Perseroan dan anak perusahaan                       consolidated financial statements of the
         untuk periode satu tahun yang berakhir pada                     Company and its subsidiaries for the one-year
         tanggal 31 Desember 2025 berdasarkan                            period ending December 31, 2025 based on the
         wewenang yang dilimpahkan oleh Pemegang                         authority delegated by the Shareholders at the
         Saham dalam Rapat Umum Pemegang Saham                           Annual General Meeting of Shareholders held on
         Tahunan yang diselenggarakan pada tanggal 5                     June 5, 2025; and
         Juni 2025; dan
                                                                  3.     In accordance with the Public Accountant Report
    3.   Sesuai dengan Laporan Akuntan Publik Amir
                                                                         of Amir Abadi Jusuf, Aryanto, Mawar & Rekan
         Abadi Jusuf, Aryanto, Mawar & Rekan bahwa
                                                                         that the Consolidated Financial Statements for
         Laporan Keuangan Konsolidasian Tahun yang
                                                                         the year ended December 31, 2025 have been
         berakhir pada tanggal 31 Desember 2025 yang
                                                                         properly prepared and presented in accordance
         telah disusun dan disajikan dengan baik sesuai
                                                                         with generally accepted accounting principles in
                                                                                                                                        183
         dengan prinsip-prinsip akuntansi yang berlaku
                                                                         Indonesia.
         umum di Indonesia.




                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
    Demikian Laporan Komite Audit Perseroan ini                   Thus the Company’s Audit Committee Report is

    disampaikan, terima kasih atas perhatian dan                  submitted, thank you for your attention and trust given

    kepercayaan yang diberikan kepada kami.                       to us.


                                                     Hormat Kami I Sincerely




                                                         Widjaya Hambali
                                                         Ketua | Chairman




                   Ricky Harjanto Gunardi                                                Lewi Sasmita Kosasih
                      Anggota | Member                                                    Anggota | Member
Page 184
 Kinerja 2025                                                                         Profil Perusahaan                 Laporan Manajemen                         Analisa dan Pembahasan Manajemen
 2025 Performance                                                                     Company Profile                   Management Report                         Management Discussion and Analysis




                                                                   PELAKSANAAN PENERAPAN ASPEK
                                                                   DAN PRINSIP TATA KELOLA
                                                                   Implementation
                                                                         Prinsip   of Corporate
                                                                                          Rekomendasi Governance                                                            Penerapan
                                                                        Principle       Recommendation                                                                    Implementation
                                                                   Aspects and Principles
                                                                      Aspek A : Hubungan Perusahaan Terbuka dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
                                                                      Aspect A : Listed Company Relationships with Shareholders in securing Shareholder Rights
                                                                   Berdasarkan Surat Edaran Otoritas Jasa Keuangan                  Based on Financial Services Authority (Otoritas Jasa
                                                                   No. 32/SEOJK.04/2015 tentang Pedoman Tata Kelola                 Keuangan/OJK) Circular Letter No. 32/SEOJK.04/2015
                                                                       Prinsip 1                   Perusahaan Terbuka memiliki cara        Perseroan telah memiliki prosedur teknis
                                                                                                                   Goodpengumpulan on thepengumpulan
                                                                                                                                            Guidelines for Corporate Governance of
                                                                   Perusahaan     Terbuka,
                                                                       Meningkatkan  Nilai  standaratau
                                                                                                     penerapan
                                                                                                        prosedur teknis                                  suara yang terdapat dalam tata
                                                                                                                                    Public Companies, the standard implementation of
                                                                   Corporate     Governance
                                                                       Penyelenggaraan   Rapat (GCG) mencakup
                                                                                                   suara           5 (lima)
                                                                                                         (voting) baik secara              tertib RUPS.
184                                                                    Umum
                                                                   aspek,      Pemegang prinsip, dan
                                                                           8 (delapan)             terbuka maupun
                                                                                                       25 (dua      tertutup
                                                                                                                puluh        yang
                                                                                                                         lima)
                                                                                                                                    Good Corporate Governance (GCG) comprises 5
                                                                                                                                           Keterangan : Memenuhi
                                                                                                                                    (five) aspects, 8 (eight) principles, and 25 (twenty-
                                                                       Saham (RUPS)                mengedepankan independensi, dan
                                                                   rekomendasi penerapan aspek dan prinsip tata                     five) recommendations for the application of sound
                                                                                                   kepentingan pemegang saham.
                                                                   kelola perusahaan yang baik.                                     corporate governance aspects and principles.
                                                                      Principle 1                       Public Company has a method and                 The Company already has technical
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                        technical procedures of either open
                                                                      Improving thepenerapan
                                                                   Rekomendasi      value    aspek dan prinsip tata                                The recommendations
                                                                                                                                                         procedures for for the application of
                                                                                                        or closed polling (voting) that
                                                                      of General Meeting of                                                             voting set out in the procedures for the GMS.
                                                                   kelola perusahaan yang baikpromotes
                                                                                               dalam pedoman
                                                                                                       independency and the                        sound corporate governance aspects and
                                                                      Shareholders (GMS)                                                                Remark : Comply
                                                                   tata kelola tersebut merupakan  standar
                                                                                               interests of shareholders                           principles set out in the governance guidelines
                                                                   yang harus diterapkan oleh Perseroan dalam                                      constitute standards that must be implemented
                                                                                                        Seluruh anggota Direksi dan                     Sebagian besar anggota Direksi dan Dewan
                                                                   rangka mengimplementasikan prinsip tata                                         by the Company in order to apply good corporate
                                                                                                        anggota Dewan Komisaris                         Komisaris hadir dalam RUPS Tahunan.
                                                                   kelola perusahaan yang baik.Perusahaan
                                                                                                Adapun uraian
                                                                                                          Terbuka hadir dalam
                                                                                                                                                   governance   principles. The description of their
                                                                                                                                                        Keterangan : Memenuhi
                                                                   penerapannya disampaikan RUPS
                                                                                            sebagai  berikut:
                                                                                                 Tahunan.                                          implementation is presented as follows:
                                                                                                        Members of the Board of Directors               Most of the members of the Board of Directors and
                                                                                                        and the Board of Commissioners                  the Board of Commissioners attended the Annual
                                                                                                        attend the Annual GMS.                          GMS. Remark : Comply
                                                                                  Prinsip                         Rekomendasi                                               Penerapan
                                                                                 Principle                      Recommendation
                                                                                                        Ringkasan risalah RUPS tersedia                 Perseroan telahImplementation
                                                                                                                                                                        menyediakan Ringkasan
                                                                                                        dalam Situs Web Perusahaan                      Risalah RUPS dalam website Perseroan untuk 3
                                                                                                     Terbuka paling sedikit 1 (satu)              tahun terakhir.
                                                                      Aspek A : Hubungan Perusahaan Terbuka dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
                                                                                                     tahun.                                       Keterangan : Memenuhi
                                                                      Aspect A : Listed Company Relationships with Shareholders in Securing Shareholder Rights
                                                                                                     A summary of minutes of GMS is               The Company has provided Summary of GMS Minutes
                                                                                                        available at the Website at least 1             on the Company’s website for the last 3 years.
                                                                      Prinsip 1                         Perusahaan Terbuka memiliki cara                Perseroan telah memiliki prosedur teknis
                                                                                                        year                                            Remark : Comply
                                                                      Meningkatkan Nilai                atau prosedur teknis pengumpulan                pengumpulan suara yang terdapat dalam tata
                                                                      Penyelenggaraan
                                                                      Prinsip 2        Rapat            suara (voting)
                                                                                                        Memiliki       baik secara
                                                                                                                 suatu kebijakan                        tertib RUPS.memiliki kebijakan komunikasi kepada
                                                                                                                                                        Perseroan
                                                                      Umum    Pemegang
                                                                      Meningkatkan Kualitas             terbuka maupun
                                                                                                        komunikasi       tertutup
                                                                                                                    dengan        yang
                                                                                                                             pemegang                   KeteranganSaham
                                                                                                                                                        Pemegang     : Memenuhi
                                                                                                                                                                            atau Investor melalui Public
                                                                      Saham (RUPS)
                                                                      Komunikasi Perusahaan             mengedepankan     independensi,
                                                                                                        saham atau investor.            dan             Expose dan RUPS.
                                                                      Terbuka dengan                    kepentingan pemegang saham                      Keterangan : Memenuhi
                                                                      Pemegang
                                                                      Principle 1 Saham atau            Public
                                                                                                        To haveCompany   hascommunication
                                                                                                                a policy on  a method and                           already
                                                                                                                                                        The Company has     has technical
                                                                                                                                                                        a policy on communications with
                                                                      Investor the value
                                                                      Improving                         technicalthe
                                                                                                        between   procedures  of eitherand
                                                                                                                     Public Company    openitsor        procedures foror Investors through Public Expose and
                                                                                                                                                        Shareholders
                                                                                                        closed polling (voting) that promotes
                                                                      of the General
                                                                      Principle 2    Meeting of         Shareholders and Investors.                     voting set out in the procedures for the GMS.
                                                                                                                                                        GMS.
                                                                                                        independency and the interests of
                                                                      Shareholders
                                                                      Improving the(GMS)
                                                                                     Public                                                             Remark : Comply
                                                                                                        shareholders
                                                                      Listed Company
                                                                      Communication Quality             Mengungkapkan kebijakan                         Perseroan telah memenuhi prinsip 2 dengan
                                                                                                        Seluruh anggota Direksi dan                     Seluruh anggota Direksi dan Dewan
                                                                      with Shareholdes or               komunikasi Perusahaan Terbuka                   menyediakan akses keterbukaan informasi melalui
                                                                                                        anggota Dewan Komisaris                         Komisaris hadir dalam RUPS Tahunan.
                                                                      Investor                          dengan pemegang saham atau                      situs web resmi Perseroan.
                                                                                                        Perusahaan Terbuka hadir dalam                  Keterangan : Memenuhi
                                                                                                        investor dalam Situs Web.                       Keterangan : Memenuhi
                                                                                                        RUPS Tahunan
                                                                                                        Post the policy                                 All members
                                                                                                                                                             Companyofhas
                                                                                                                                                                        thefulfilled
                                                                                                                                                                            Board of   Directors and providing
                                                                                                                                                                                                      Board of
                                                                                                        Members    of theon  communications
                                                                                                                          Board of Directors            The                          principle 2 with
                                                                                                        of a public Company    at the website           Commissioners
                                                                                                                                                        disclosure       were present
                                                                                                                                                                   information   accessat  the Annual
                                                                                                                                                                                         through       GMS.
                                                                                                                                                                                                  Company’s
                                                                                                        and  the Board   of Commissioners
                                                                                                                                                        Remarks:Remark
                                                                                                                                                        website. Compliant
                                                                                                                                                                       : Comply
                                                                                                        attend the Annual GMS


                                                                                                        Ringkasan risalah RUPS tersedia                 Perseroan telah menyediakan Ringkasan
                                                                                                        dalam Situs Web Perusahaan                      Risalah RUPS dalam website Perseroan untuk 3
                                                                                                        Terbuka paling sedikit 1 (satu)                 tahun terakhir.
                                                                                                        tahun                                           Keterangan : Memenuhi
                                                                                                        The summary of minutes of GMS is                The Company has provided Summary of GMS Minutes
Page 185
Tata Kelola
      Aspek A : Perusahaan
                                         Aksi Keberlanjutan        Lembar Tanda Tangan            Laporan Keuangan Audit
                Hubungan Perusahaan Terbuka dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
Corporate Governance                           Sustainability Action           Signature Sheet
       Aspect A : Listed Company Relationships with Shareholders in Securing Shareholder Rights
                                                                                                                       Audited Financial Statements



          Prinsip 1                     Perusahaan Terbuka memiliki cara            Perseroan telah memiliki prosedur teknis
          Meningkatkan Nilai            atau prosedur teknis pengumpulan            pengumpulan suara yang terdapat dalam tata
          Penyelenggaraan Rapat         suara (voting) baik secara                  tertib RUPS.
          Umum Pemegang                 terbuka maupun tertutup yang                Keterangan : Memenuhi
          Saham (RUPS)                  mengedepankan independensi, dan
                                        kepentingan pemegang saham

          Principle 1                   Public Company has a method and             The Company already has technical
          Improving the value           technical procedures of either open or      procedures for
                                        closed polling (voting) that promotes
          of the General Meeting of                                                 voting set out in the procedures for the GMS.
                                        independency and the interests of
          Shareholders (GMS)                                                        Remark : Comply
                                        shareholders


                                        Seluruh anggota Direksi dan                 Seluruh anggota Direksi dan Dewan
                                        anggota Dewan Komisaris                     Komisaris hadir dalam RUPS Tahunan.
                                        Perusahaan Terbuka hadir dalam              Keterangan : Memenuhi
                                        RUPS Tahunan
                                                                                    All members of the Board of Directors and Board of
                                        Members of the Board of Directors
                      Prinsip                      Rekomendasi                                      Penerapan
                                                                                    Commissioners were present at the Annual GMS.
                                        and the Board of Commissioners
                     Principle                   Recommendation                                  Implementation
                                                                                    Remarks: Compliant
                                        attend the Annual GMS


          Aspek A : Hubungan Perusahaan Terbuka dengan
                                      Ringkasan          Pemegang
                                                risalah RUPS        Saham DalamPerseroan
                                                             tersedia           Menjamintelah
                                                                                         Hak-Hak Pemegang
                                                                                              menyediakan   Saham
                                                                                                          Ringkasan                                   185
                                         dalam Situs
          Aspect A : Listed Company Relationships with Web Perusahaan
                                                       Shareholders                   Risalah
                                                                    in securing Shareholder    RUPS dalam website Perseroan untuk 3
                                                                                            Rights
                                        Terbuka paling sedikit 1 (satu)             tahun terakhir.

          Prinsip 1                     tahun
                                        Perusahaan Terbuka memiliki cara            Keterangan  : Memenuhi
                                                                                    Perseroan telah memiliki prosedur teknis
                                        The summary
                                             prosedurofteknis
                                                         minutes  of GMS is         The Company has provided Summarydalam
                                                                                                                     of GMStata
                                                                                                                            Minutes




                                                                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
          Meningkatkan Nilai            atau                  pengumpulan           pengumpulan  suara yang terdapat
          Penyelenggaraan Rapat         suara (voting) baik secara at least 1
                                        available at the Website for                on theRUPS.
                                                                                    tertib Company’s website for the last 3 years.
          Umum Pemegang                 (one) year
                                        terbuka maupun tertutup yang                Remark : Comply
                                                                                    Keterangan : Memenuhi
          Saham (RUPS)                  mengedepankan independensi, dan
          Prinsip 2                     Memiliki suatu
                                        kepentingan    kebijakan saham.
                                                     pemegang                       Perseroan memiliki kebijakan komunikasi kepada
          Meningkatkan Kualitas         komunikasi dengan pemegang                  Pemegang Saham atau Investor melalui Paparan
          Principle 1                   Public Company has a method and             The Company already has technical
          Komunikasi Perusahaan         saham atau investor                         Publik dan RUPS.
          Improving the value           technical procedures of either open         procedures for
          Terbuka dengan                                                            Keterangan : Memenuhi
                                        or closed polling (voting) that
          of General Meeting of                                                     voting set out in the procedures for the GMS.
          Pemegang Saham atau           To have a policy
                                        promotes         on communication
                                                  independency  and the             The Company has a policy on communications with
          Shareholders (GMS)                                                        Remark : Comply
          Investor                      interests the
                                        between    of shareholders
                                                       Public Company and its       Shareholders or Investors through Public Expose and

          Principle 2                   Shareholders and Investors                  GMS.

          Improving the Public          Seluruh anggota Direksi dan                 Remark : Comply
                                                                                    Sebagian  besar anggota Direksi dan Dewan

          Listed Company                anggota Dewan Komisaris                     Komisaris hadir dalam RUPS Tahunan.
                                        Perusahaan Terbuka
                                        Mengungkapkan      hadir dalam
                                                       kebijakan                    Perseroan menyediakan
                                                                                    Keterangan  : Memenuhi akses keterbukaan
          Communication Quality
                                        RUPS Tahunan.
                                        komunikasi Perusahaan Terbuka               informasi melalui situs web resmi Perseroan.
          with Shareholders or
                                        dengan                                      Keterangan : Memenuhi
          Investor                      Memberspemegang      saham
                                                  of the Board        atau
                                                               of Directors         Most of the members of the Board of Directors and
                                        investor dalamofSitus
                                        and the Board         Web
                                                          Commissioners             the Board of Commissioners attended the Annual
                                        attend the Annual GMS.                      GMS. Remark : Comply
                                        To disclose the communication policy of     The Company provides access to
                                        the Public Company with shareholders        information through its official website.
                                        Ringkasan
                                        or investorsrisalah RUPS tersedia
                                                     on the Website                 Perseroan telah menyediakan Ringkasan
                                                                                    Remarks: Comply
                                        dalam Situs Web Perusahaan                  Risalah RUPS dalam website Perseroan untuk 3
                                        Terbuka paling sedikit 1 (satu)             tahun terakhir.
                                        tahun.                                      Keterangan : Memenuhi

                                        A summary of minutes of GMS is              The Company has provided Summary of GMS Minutes
                                        available at the Website at least 1         on the Company’s website for the last 3 years.
                                        year                                        Remark : Comply


          Prinsip 2                     Memiliki suatu kebijakan                    Perseroan memiliki kebijakan komunikasi kepada
          Meningkatkan Kualitas         komunikasi dengan pemegang                  Pemegang Saham atau Investor melalui Public
          Komunikasi Perusahaan         saham atau investor.                        Expose dan RUPS.
          Terbuka dengan                                                            Keterangan : Memenuhi
          Pemegang Saham atau           To have a policy on communication           The Company has a policy on communications with
          Investor                      between the Public Company and its          Shareholders or Investors through Public Expose and

          Principle 2                   Shareholders and Investors.                 GMS.

          Improving the Public                                                      Remark : Comply

          Listed Company
          Communication Quality         Mengungkapkan kebijakan                     Perseroan telah memenuhi prinsip 2 dengan

          with Shareholdes or           komunikasi Perusahaan Terbuka               menyediakan akses keterbukaan informasi melalui

          Investor                      dengan pemegang saham atau                  situs web resmi Perseroan.
                                        investor dalam Situs Web.                   Keterangan : Memenuhi

                                        Post the policy on communications           The Company has fulfilled principle 2 with providing
                                        of a public Company at the website          disclosure information access through Company’s
                                                                                    website. Remark : Comply
Page 186
 Kinerja 2025                                                                    Profil Perusahaan                Laporan Manajemen              Analisa dan Pembahasan Manajemen
 2025 Performance                                                                Company Profile                   Management Report             Management Discussion and Analysis




                                                                            Prinsip                           Rekomendasi                                Penerapan
                                                                           Principle                        Recommendation                             Implementation


                                                                   Aspek B : Fungsi dan Peran Dewan Komisaris
                                                                   Aspect B : Functions and Roles of the Board of Commissioners

                                                                   Prinsip 3                       Penentuan jumlah                    Perseroan telah memenuhi ketentuan
                                                                   Memperkuat                      anggota Dewan Komisaris             sebagaimana ditentukan dalam Pasal 20 POJK
                                                                   Keanggotaan dan                 mempertimbangkan kondisi            No.33/POJK.04/2014, yaitu jumlah anggota Dewan
                                                                   Komposisi Dewan                 Perusahaan Terbuka                  Komisaris paling tidak terdiri dari 2 (dua) orang.
                                                                   Komisaris                                                           Keterangan : Memenuhi



                                                                   Principle 3                     Determination of the number         The Company has complied with the provisions as

                                                                   Strengthening the               of members of the Board of          specified in Article 20 POJK No.33/POJK.04/2014,
                                                                                                                                       namely, the number of members of the Board of
186
                                                                   Membership and                  Commissioners takes into account
                                                                   Composition of the Board        the Public Company’s conditions     Commissioners consists of at least 2 (two) persons.

                                                                   of Commissioners                                                    Remarks: Comply


                                                                                                   Penentuan komposisi                 Penentuan komposisi anggota Dewan Komisaris
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                   anggota Dewan Komisaris             telah memperhatikan keberagaman keahlian,
                                                                                                   memperhatikan keberagaman           pengetahuan dan pengalaman yang dibutuhkan
                                                                                                   keahlian, pengetahuan, dan          Perseroan.
                                                                                                   pengalaman yang dibutuhkan          Keterangan: Memenuhi


                                                                                                   Determination of the composition    The determination of the composition of the Board
                                                                                                   of members of the Board of          of Commissioners has taken into account the
                                                                                                   Commissioners takes into            diversity of expertise, knowledge, and experience
                                                                                                   account the required variety of     required by the Company.
                                                                                                   skills, knowledge, and experience   Remarks: Comply



                                                                   Prinsip 4                       Dewan Komisaris mempunyai           Kebijakan penilaian sendiri (self-assessment)
                                                                   Meningkatkan Kualitas           kebijakan penilaian sendiri         Dewan Komisaris merujuk pada kebijakan yang
                                                                   Pelaksanaan Tugas               (self-assessment) untuk menilai     berlaku di Perseroan
                                                                   dan Tanggung Jawab              kinerja Dewan Komisaris.            Keterangan: Dijelaskan
                                                                   Dewan Komisaris

                                                                                                   The Board of Commissioners          The Board of Commissioners' self-assessment
                                                                                                   has its self-assessment policy      policy refers to the policies applicable in the
                                                                                                   to assess the performance of        Company.
                                                                                                   the Board of Commissioners.         Remarks: Explained




                                                                                                   Kebijakan penilaian sendiri         Kebijakan penilaian kinerja Dewan Komisaris telah
                                                                                                   (self-assessment), diungkapkan      diungkapkan melalui Laporan Tahunan Perseroan
                                                                                                   melalui laporan tahunan.            Keterangan: Dijelaskan



                                                                                                   The self-assessment policy is       The performance assessment policy for the Board
                                                                                                   reported in an Annual Report.       of Commissioners has been disclosed in the
                                                                                                                                       Company’s Annual Report
                                                                                                                                       Remarks: Explained
Page 187
Tata Kelola Perusahaan                         Aksi Keberlanjutan       Lembar Tanda Tangan                       Laporan Keuangan Audit
Corporate Governance                           Sustainability Action    Signature Sheet                           Audited Financial Statements




                Prinsip                      Rekomendasi                                        Penerapan
               Principle                   Recommendation                                     Implementation



       Principle 4                Dewan Komisaris mempunyai             Setiap Dewan Komisaris yang diangkat wajib memenuhi

       Improving the Quality of   kebijakan terkait pengunduran         setiap persyaratan yang disebutkan dalam Anggaran

       Duty and Responsibility    diri anggota Dewan Komisaris          Dasar dan menandatangani Surat Pernyataan atas hal

       of the Board of            apabila terlibat dalam                tersebut. Apabila Dewan Komisaris terlibat kejahatan

       Commissioners              kejahatan keuangan.                   keuangan yang merupakan pelanggaran dari Surat
                                                                        Pernyataan, maka RUPS berhak memberhentikan
                                                                        sewaktu-waktu Dewan Komisaris tersebut dengan atau
                                                                        tanpa diperlukannya surat pengunduran diri.
                                                                        Keterangan : Memenuhi


                                  The Board of Commissioners            Every Member of the Board of Commissioners shall meet
                                  has a policy of resignation in        any requirements as set out in the Articles of Association               187
                                  the event of involvement in any       and shall sign the statement letter for such requirements. If
                                  financial crimes.                     there is any involvement in any financial crimes which is a
                                                                        violation of the statement letter, the GMS shall have the
                                                                        right to dismiss such member of the Board of Commission-




                                                                                                                                                 PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                        ers with or without the resignation letter.
                                                                        Remarks: Comply




                                  Dewan Komisaris atau Komite           Kebijakan suksesi dalam proses nominasi anggota Direksi
                                  yang menjalankan fungsi Nominasi      merujuk pada kebijakan yang berlaku di Perseroan.
                                  dan Remunerasi menyusun               Keterangan: Memenuhi
                                  kebijakan suksesi dalam proses
                                  Nominasi anggota Direksi.



                                  The Board of Commissioners            The succession policy in the nomination process for
                                  or the Nomination and Remuneration    members of the Board of Directors refers to the policy
                                  Committee sets out a provision of     applicable in the Company.
                                  succession in the Nomination          Remarks: Comply
                                  Process of a member of the Board of
                                  Directors.
Page 188
 Kinerja 2025                                                                    Profil Perusahaan                  Laporan Manajemen                      Analisa dan Pembahasan Manajemen
 2025 Performance                                                                Company Profile                     Management Report                     Management Discussion and Analysis




                                                                            Prinsip                            Rekomendasi                                        Penerapan
                                                                           Principle                         Recommendation                                     Implementation


                                                                   Aspek C : Fungsi dan Peran Direksi
                                                                   Aspect C : Functions and Roles of the Board of Directors


                                                                   Prinsip 5                     Penentuan Jumlah anggota                  Perseroan telah memenuhi ketentuan sebagaimana
                                                                   Memperkuat                    Direksi mempertimbangkan kondisi          diatur dalam Pasal 2 POJK No.33/POJK.04/2014, yaitu
                                                                   keanggotaan dan               Perusahaan Terbuka serta efektifitas      jumlah anggota Direksi paling kurang terdiri dari 2 (dua)
                                                                   komposisi Direksi             dalam pengambilan keputusan.              orang.
                                                                                                                                           Keterangan : Memenuhi


                                                                                                 Determination of the number               The Company has complied with the provisions as
                                                                   Principle 5
                                                                                                 of members of the Board of Directors      specified in Article 2 POJK No.33/POJK.04/2014, namely the
                                                                   Strengthening
                                                                                                 takes into account the Company’s          number of members of the Board of Directors consists of
188                                                                Membership and
                                                                   Composition of
                                                                                                 conditions and effectiveness in           at least 2 (two) persons.
                                                                                                 decision making.                          Remark : Comply
                                                                   Board of Directors


                                                                                                 Penentuan komposisi anggota               Berdasarkan kebijakan Pemegang Saham, Direksi
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                 Direksi memperhatikan, keberagaman        Perseroan telah dipilih dengan memperhatikan
                                                                                                 keahlian, pengetahuan dan                 keberagaman keahlian, pengetahuan, pengalaman
                                                                                                 pengalaman yang dibutuhkan.               serta kondisi dan kompleksitas bisnis Perseroan.
                                                                                                                                           Keterangan : Memenuhi


                                                                                                 Determination of the Composition of       At the Shareholders’ discretion, members of the Board of
                                                                                                 members of the Board of Directors         Directors of the Company have been appointed by taking
                                                                                                 takes into account a variety of skills,   into account a variety of skills, knowledge, experiences
                                                                                                 knowledge and experiences as              and the Company’s conditions and business complexity.
                                                                                                 required.                                 Remark : Comply



                                                                                                 Anggota Direksi yang                      Anggota Direksi yang membawahi bidang akuntansi atau
                                                                                                 membawahi bidang akuntansi atau           keuangan memiliki keahlian dan/atau pengetahuan di
                                                                                                 keuangan memiliki keahlian dan/           bidang akuntansi.
                                                                                                 atau pengetahuan di bidang                Keterangan: Memenuhi
                                                                                                 akuntansi.


                                                                                                 Members of the Board of Directors in      The member of the Board of Directors who oversees
                                                                                                 charge of accounting and finance          accounting or finance has expertise and/or knowledge in
                                                                                                 have skills and/or knowledge in           the field of accounting and/or finance.
                                                                                                 accounting.                               Remarks: Comply
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Corporate Governance                        Sustainability Action         Signature Sheet                           Audited Financial Statements




                   Prinsip                  Rekomendasi                                           Penerapan
                  Principle               Recommendation                                        Implementation


       Prinsip 6                 Direksi mempunyai kebijakan              Perseroan belum memiliki kebijakan penilaian kinerja
       Meningkatkan Kualitas     penilaian sendiri (self-assessment)      tersendiri bagi Direksi. Penilaian kinerja Direksi dilakukan
       Pelaksanaan Tugas         untuk menilai kinerja Direksi.           oleh Dewan Komisaris yang saat ini juga menjalankan
       dan Tanggung Jawab                                                 fungsi Nominasi dan Remunerasi.
       Direksi.                                                           Keterangan : Dijelaskan



       Principle 6               The Board of Directors has its           The Company does not yet have its own performance
       Improving the Quality     self-assessment policy to assess the     appraisal policy for the Board of Directors. The perfor-
       of Implementing Task      performance of the Board of Directors.   mance appraisal of the Board of Directors is carried out by
       and Responsibility of                                              the Board of Commissioners, which currently also performs


                                                                                                                                                   189
       the Board of Directors.                                            the functions of Nomination and Remuneration.
                                                                          Remarks: Explained


                                 Kebijakan penilaian sendiri              Perseroan belum memiliki kebijakan self-assessment,
                                 (self-assessment) diungkapkan            sehingga tidak ada kebijakan self-assessment yang




                                                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
                                 dalam Laporan Tahunan.                   dilaporkan dalam Laporan Tahunan.
                                                                          Keterangan: Dijelaskan



                                 The Self-Assessment policy is            The Company does not have any self-assessment policy
                                 reported in an Annual Report.            yet; therefore there is no self-assessment policy reported in
                                                                          the Annual Report.
                                                                          Remarks: Explained



                                 Direksi mempunyai                        Setiap Direksi yang diangkat wajib memenuhi setiap
                                 kebijakan terkait pengunduran diri       persyaratan yang disebutkan dalam Anggaran Dasar dan
                                 apabila terlibat dalam kejahatan         menandatangani Surat Pernyataan atas hal tersebut.
                                 keuangan.                                Apabila Direksi terlibat dalam kejahatan keuangan yang
                                                                          merupakan pelanggaran terhadap Surat Pernyataan,
                                                                          maka RUPS berhak memberhentikan sewaktu-waktu
                                                                          Direksi tersebut dengan atau tanpa diperlukannya surat
                                                                          pengunduran diri.
                                                                          Keterangan : Memenuhi

                                 The Board of Directors has a policy of   Every member of the Board of Directors shall meet any
                                 resignation in the event of              requirements as set out in the Articles of Association and
                                 involvement in any financial crimes.     shall sign the statement letter for such requirements. If
                                                                          there is any involvement in any financial crimes which is a
                                                                          violation of the statement letter, then the GMS shall have
                                                                          the right to dismiss such member of the Board of Directors
                                                                          with or without the resignation letter.
                                                                          Remarks: Comply
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                                                                            Prinsip                           Rekomendasi                                         Penerapan
                                                                           Principle                        Recommendation                                      Implementation


                                                                   Aspek D : Partisipasi Pemangku Kepentingan
                                                                   Aspect D : Stakeholder Participation


                                                                   Prinsip 7                     Memiliki kebijakan untuk mencegah        Perseroan memiliki kebijakan untuk mencegah terjadinya
                                                                   Meningkatkan Aspek            terjadinya insider trading.              Insider Trading berdasarkan Surat Keputusan Direksi
                                                                   Tata Kelola Perusahaan                                                 tentang Kode Etik dan Tanggung Jawab Profesional ("Kode
                                                                   melalui Partisipasi                                                    Etik"). Seluruh karyawan diwajibkan untuk menandatangani
                                                                   Pemangku Kepentingan.                                                  dan mematuhi Kode Etik.
                                                                                                                                          Keterangan: Memenuhi

                                                                                                 To have a Policy to prevent Insider      The Company has a policy to prevent Insider Trading
                                                                                                 Trading.                                 based on the Resolution of the Board of Directors concern-


190
                                                                                                                                          ing Code of Ethics and Professional Responsibility. All
                                                                                                                                          employees shall sign and comply with the Code of Ethics.
                                                                                                                                          Remarks: Comply


                                                                   Principle 7                   Memiliki kebijakan anti korupsi dan      Perseroan memiliki kebijakan tentang integritas, benturan
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                   Improving Corporate           anti fraud.                              kepentingan, penerimaan dan pemberian hadiah dalam
                                                                   Governance Aspect                                                      Kode Etik yang berlaku bagi seluruh karyawan Perseroan.
                                                                   through Stakeholders                                                   Keterangan : Memenuhi
                                                                   Participation                 To have a Policy of Anti Corruption      The Company had policy regarding integrity, conflict of
                                                                                                 and Anti Fraud.                          interest, receiving and sending gifts in the Code of Ethics
                                                                                                                                          applicable to all employees.
                                                                                                                                          Remarks : Comply


                                                                                                 Memiliki kebijakan tentang seleksi       Perseroan melalui Divisi Supply Chain Management
                                                                                                 dan peningkatan kemampuan                telah melakukan seleksi vendor dan pemasok serta
                                                                                                 pemasok atau vendor.                     memiliki kebijakan procurement yang berpedoman
                                                                                                                                          kepada Peraturan No. 32 tanggal 1 Agustus 2014.
                                                                                                                                          Keterangan : Memenuhi

                                                                                                 To have a Policy on the Selection and    The Company, via the Supply Chain Management Division,
                                                                                                 Capacity Building of Suppliers and       has selected vendors and suppliers and had a procurement
                                                                                                 Vendors.                                 policy based on Policy No. 32 dated August 1, 2014.

                                                                                                                                          Remark : Comply


                                                                                                 Memiliki kebijakan tentang               Perseroan memiliki kebijakan untuk memenuhi hak-hak
                                                                                                 pemenuhan hak-hak kreditur.              kreditur Perseroan yang mengatur dan mengelola
                                                                                                                                          pembayaran hak-hak kreditur Perseroan.
                                                                                                                                          Keterangan: Dijelaskan



                                                                                                 To have a Policy on the Fulfillment of   The Company has a policy to fulfill the rights of our
                                                                                                 Creditors rights.                        creditors that sets out and manages the rights of the
                                                                                                                                          Company’s creditors.
                                                                                                                                          Remarks: Explained
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                Prinsip                      Rekomendasi                                           Penerapan
               Principle                   Recommendation                                        Implementation


                                  Memiliki kebijakan sistem               Perseroan memiliki kebijakan pengaduan pelanggaran
                                  whistleblowing.                         (whistleblowing system) dimana Perseroan menjamin dan
                                                                          memastikan adanya perlindungan kerahasiaan pelapor,
                                                                          baik karyawan maupun pihak ketiga yang menyampaikan
                                                                          keluhan atau laporan dugaan tindak pelanggaran.
                                                                          Keterangan : Memenuhi

                                  To have a Policy on the                 The Company has a policy on the whistleblowing system which
                                  Whistleblowing system                   the Company guarantees and ensures the protection of the
                                                                          identity of the whistleblowers, whether employees or third
                                                                          parties filling any complaints or reports of alleged violations.
                                                                          Remarks: Comply

                                                                                                                                                     191
                                  Memiliki kebijakan pemberian            Perseroan belum memiliki kebijakan untuk memberikan
                                  insentif jangka panjang kepada          insentif jangka panjang bagi Direksi dan karyawan.
                                  Direksi dan Karyawan.                   Perseroan hanya memberikan tunjangan dan manfaat
                                                                          kepada Direksi dan Karyawan yang berhak.




                                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
                                                                          Keterangan : Dijelaskan

                                  To have a policy on the granting of     The Company does not yet have a policy to provide
                                  long-term incentives to the Board of    long-term incentives for Directors and employees. The
                                  Directors and Employees.                Company only provides allowance and benefits to the
                                                                          entitled Directors and Employees.
                                                                          Remarks: Explained

       Aspek E : Meningkatkan Keterbukaan Informasi
       Aspect E : Improving Information Transparency

       Prinsip 8                  Memanfaatkan penggunaan                 Perseroan telah memanfaatkan teknologi informasi, antara
       Meningkatkan               teknologi informasi secara lebih luas   lain melalui email, situs Perseroan dan platform Sistem
       pelaksanaan                selain situs web sebagai media          Pelaporan Elektronik OJK-BEI.
       keterbukaan informasi      keterbukaan informasi.                  Keterangan : Memenuhi

                                  To use information technology more      The Company has utilized information technology, including
                                  widely other than a website as a        through email, the Company's website, and the OJK-IDX
       Principle 8
                                  medium of information disclosure.       Electronic Reporting System platform.
       Improving the
                                                                          Remarks: Comply
       Implementation of
       Information Disclosure

                                  Laporan Tahunan Perusahaan              Perseroan mengungkapkan siapa pemilik manfaat akhir
                                  Terbuka mengungkapkan pemilik           dalam kepemilikan saham perusahaan dengan
                                  manfaat akhir dalam kepemilikan         kepemilikan 5% atau lebih dalam Laporan Tahunan di
                                  saham Perusahaan Terbuka paling         bagian Komposisi Kepemilikan Saham.
                                  sedikit 5%, selain pengungkapan         Keterangan : Memenuhi
                                  pemilik manfaat akhir dalam
                                  kepemilikan saham Perusahaan
                                  Terbuka melalui pemegang saham
                                  utama dan pengendali


                                  The Annual Report of Public             The Company disclosed the most current beneficial owners
                                  Company discloses the most current      of the Company's shareholding with 5% or more sharehold-
                                  beneficial owners of the Company's      ing in Annual Report under the section of Composition of
                                  shareholding, at least 5% other than    Shareholders.
                                  major shareholders and controllers.     Remarks : Comply
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                                                                            6  Aksi Keberlanjutan
                                                                               Sustainability Action
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                                                                                                 193




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                                                                   2025 Performance     Company Profile           Management Report                 Management Discussion and Analysis




                                                                          Aksi Keberlanjutan
                                                                          Sustainability Action


                                                                          Pada bagian ini, Perseroan mengungkapkan                    In this section, the Company discloses the
                                                                          mengenai aksi keberlanjutan yang telah dirangkum            sustainability actions that the Company has
                                                                          oleh Perseroan selama tahun buku 2025. Penerbitan           summarized during the 2025 financial year. The
                                                                          laporan ini merupakan bagian dari implementasi              issuance of this report is part of the implementation
                                                                          prinsip-prinsip Tata Kelola Perusahaan yang Baik            of the principles of Good Corporate Governance
                                                                          (GCG). Laporan ini disusun berdasarkan POJK                 (GCG). This report is prepared based on POJK No.51/
                                                                          No.51/POJK.03/2017 tentang Penerapan Keuangan               POJK.03/2017 on the Implementation of Sustainable
                                                                          Berkelanjutan bagi Lembaga Jasa Keuangan,                   Finance for Financial Services Institutions, Issuers,
194                                                                       Emiten, dan Perusahaan Publik.                              and Public Companies.


                                                                          Pada tanggal 25 September 2015, negara-negara               On September 25, 2015, UN member states agreed
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          anggota PBB menyepakati rangkaian Agenda                    on a series of the 2030 Sustainable Development
                                                                          Pembangunan Berkelanjutan 2030 yang terdiri                 Agenda consisting of 17 Sustainable Development
                                                                          dari 17 Tujuan Pembangunan Berkelanjutan (TPB)              Goals (SDGs) as follows:
                                                                          sebagai berikut:
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Corporate Governance             Sustainability Action   Signature Sheet                 Audited Financial Statements




                       Tanpa Kemiskinan
                       Mengakhiri kemiskinan
                       dalam bentuk apapun di
                       seluruh penjuru dunia.


                       No Poverty
                       End poverty in all its
                       forms around the world.

                                                                     Kualitas Pendidikan
                                                                     Menjamin pendidikan
                                                                     yang inklusif dan adil,
                                                                     serta mempromosikan
                                                                     kesempatan belajar                            195
                                                                     seumur hidup untuk
                       Tanpa Kelaparan                               semua.
                       Mengakhiri kelaparan,




                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
                       mencapai ketahanan                            Quality Education
                       pangan dan                                    Ensure inclusive and
                       peningkatan gizi, dan                         equitable education and
                       mempromosikan                                 promote lifelong
                       pertanian                                     learning opportunities
                       berkelanjutan.                                for all.


                       Zero Hunger
                       End hunger, achieve
                       food security and
                       improve nutrition and
                       promote sustainable
                       agriculture.



                                                                     Kesetaraan Gender
                                                                     Mencapai kesetaraan
                                                                     gender dan
                                                                     memberdayakan semua
                                                                     perempuan dan anak
                                                                     perempuan.
                       Kesehatan yang baik
                       dan Kesejahteraan                             Gender Equality
                       Menjamin kehidupan                            Achieve gender equality
                       yang sehat dan                                and empower all women
                       mempromosikan                                 and girls.
                       kesejahteraan untuk
                       semua orang di segala
                       usia.


                       Good Health and
                       Well Being
                       Ensure healthy lives and
                       promote well-being for
                       all at all ages.
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                                                                                      6

                                                                                          Air Bersih dan Sanitasi
                                                                                          Menjamin ketersediaan dan
                                                                                          pengelolaan air dan sanitasi
                                                                                          yang berkelanjutan untuk
                                                                                          semua.

                                                                                          Clean Water and Sanitation
                                                                                          Ensure availability and
                                                                                          sustainable management of
                                                                                          water and sanitation for all.                   Industri, Inovasi dan
                                                                                                                                          Infrastruktur
                                                                                                                                          Membangun infrastruktur

196
                                                                                                                                          yang tangguh,
                                                                                                                                          mempromosikan
                                                                                                                                          industrialisasi yang inklusif
                                                                                                                                          dan berkelanjutan, serta
                                                                                      7                                                   mendorong inovasi.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                                                          Industry, Innovation and
                                                                                          Energi Yang Terjangkau dan                      Infrastructure
                                                                                          Bersih                                          Build resilient infrastructure,
                                                                                          Pastikan akses ke energi                        promote inclusive and
                                                                                          yang terjangkau, andal,                         sustainable industrialization
                                                                                          berkelanjutan, dan modern                       and foster innovation.
                                                                                          untuk semua.

                                                                                          Affordable and
                                                                                          Clean Energy
                                                                                          Ensure access to affordable,
                                                                                          reliable, sustainable and
                                                                                          modern energy for all.




                                                                                                                                          Mengurangi
                                                                                      8                                                   Ketidaksetaraan
                                                                                                                                          Mengurangi ketimpangan
                                                                                                                                          di dalam dan antar negara.
                                                                                          Pekerjaan Yang Layak dan
                                                                                          Pertumbuhan Ekonomi                             Reduce Inequalities
                                                                                          Mempromosikan Mendorong                         Reduce inequality within
                                                                                          pertumbuhan ekonomi yang                        and among countries.
                                                                                          berkelanjutan, inklusif, dan
                                                                                          berkelanjutan, pekerjaan
                                                                                          penuh dan produktif, serta
                                                                                          pekerjaan layak untuk semua
                                                                                          orang.

                                                                                          Decent Work and Economic
                                                                                          Growth
                                                                                          Promote sustained, inclusive
                                                                                          and sustainable economic
                                                                                          growth, full and productive
                                                                                          employment and decent work
                                                                                          for all.
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                                                              Aksi Iklim
                                                              Mengambil tindakan segera
                                                              untuk memerangi perubahan
                                                              iklim dan dampaknya.

                                                              Climate Action
                                                              Take urgent action to combat
                                                              climate change and its
                 Kota dan Komunitas                           impacts.
                 Berkelanjutan
                 Menciptakan kota dan
                 pemukiman yang inklusif,
                 aman, tangguh, dan                                                                               197
                 berkelanjutan.

                 Sustainable Cities and




                                                                                                                       PT First Media Tbk | Annual Report & Sustainability Report 2025
                 Communities
                 Create inclusive, safe,
                                                              Kehidupan di Bawah Air
                 resilient and sustainable
                                                              Melestarikan dan mengelola
                 cities and human
                                                              samudra, laut, dan sumber
                 settlement.
                                                              daya laut secara berkelanjutan
                                                              untuk pembangunan
                                                              berkelanjutan

                                                              Life Below Water
                                                              Conserve and sustainably use
                                                              the oceans, seas and marine
                                                              resources for sustainable
                                                              development




                 Konsumsi dan Produksi
                 yang Bertanggung
                 Jawab
                 Memastikan pola                              Kehidupan di Darat
                 konsumsi dan produksi                        Melindungi, memulihkan, dan
                 yang berkelanjutan.                          mempromosikan penggunaan
                 Responsible                                  terestrial yang berkelanjutan
                 Consumption and                              ekosistem, mengelola hutan
                 Production                                   secara berkelanjutan, memerangi
                 Ensure sustainable                           penggurunan, dan degradasi lahan.
                 consumption and                              Life on Land
                 production patterns.                         Protect, restore and promote
                                                              sustainable use of terrestrial
                                                              ecosystems, sustainably manage
                                                              forests, combat desertification, and
                                                              land degradation.
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                  Perdamaian, Keadilan, dan                       Kemitraan untuk Mencapai
                  Kelembagaan yang Kuat                           Tujuan                                             199
                  Mempromosikan masyarakat                        Memperkuat sarana
                  yang damai dan inklusif                         pelaksanaan dan
                  untuk pembangunan                               merevitalisasi




                                                                                                                          PT First Media Tbk | Annual Report & Sustainability Report 2025
                  berkelanjutan, menyediakan                      kemitraan global
                  akses keadilan untuk semua                      untuk pembangunan
                  dan institusi inklusif di semua                 berkelanjutan.
                  tingkatan.
                                                                  Partnerships for
                  Peace, Justice, and Strong                      the Goals
                  Institutions                                    Strengthen the means
                  Promote peaceful and                            of implementation and
                  inclusive societies for                         revitalize
                  sustainable development,                        the global partnership for
                  provide access to justice for                   sustainable development.
                  all and inclusive institutions
                  at all levels.
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                                                                          Visi, Misi, dan Nilai Keberlanjutan
                                                                          Vision, Mission, and Sustainability Values


                                                                          Komitmen Perseroan dalam melaksanakan                           The Company’s commitment in implementing the
                                                                          pemenuhan Tanggung Jawab Sosial dan Lingkungan                  fulfillment of Social and Environmental Responsibility
                                                                          (TJSL) dijalankan dengan menyasar pada triple                   (CSR) is carried out by targeting the triple bottom
                                                                          bottom line. Seluruh aktivitas bisnis dan operasional           line. All business and operational activities carried out
                                                                          yang dilakukan oleh Perseroan tidak hanya berfokus              by the Company are not only focused on profit, but
                                                                          pada perolehan laba (profit), tetapi juga pada                  also on the fulfillment of environmental preservation
                                                                          pemenuhan pelestarian lingkungan (planet), dan                  (planet), and community welfare (people).
                                                                          kesejahteraan masyarakat (people).

200                                                                       Perseroan terus merangkul lebih banyak sektor                   The Company continues to embrace more sectors
                                                                          yang memiliki kapasitas untuk memberdayakan                     that have the capacity to empower and provide wider
                                                                          dan memberikan manfaat yang lebih luas bagi                     benefits to the people of Indonesia. In addition, the
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          masyarakat Indonesia. Selain itu, Perseroan                     Company also encourages its subsidiaries to adopt
                                                                          juga mendorong anak-anak usaha untuk dapat                      sustainability strategies as an implementation of the
                                                                          mengadopsi strategi keberlanjutan sebagai                       Company’s sustainability strategy.
                                                                          implementasi dari strategi keberlanjutan Perseroan.


                                                                          Strategi keberlanjutan yang diadopsi oleh anak-anak             The sustainability strategy adopted by the subsidiaries
                                                                          perusahaan tidak terlepas dari usaha Perseroan untuk            is inseparable from the Company’s efforts to continue
                                                                          terus berupaya meminimalisir dampak lingkungan                  to minimize the environmental impact caused by
                                                                          yang diakibatkan oleh kegiatan operasional anak-                the subsidiaries’ operational activities and provide
                                                                          anak perusahaan serta memberikan manfaat bagi                   benefits to the community through social responsibility
                                                                          masyarakat melalui program-program tanggung                     programs carried out by the Company and its
                                                                          jawab sosial yang dijalankan oleh Perseroan dan                 subsidiaries.
                                                                          entitas anak.


                                                                          Visi dalam Keberlanjutan                                        Vision in Sustainability

                                                                          Visi Perseroan dalam aspek keberlanjutan                        The Company’s vision in the aspect of sustainability
                                                                          berpedoman pada 17 Tujuan Pembangunan                           is guided by the 17 Sustainable Development Goals
                                                                          Berkelanjutan (TPB). Hal ini selaras dengan visi                (SDGs). This is in line with the vision and mission of
                                                                          dan misi Perseroan yang tidak hanya aktif dalam                 the Company which is not only active in developing
                                                                          mengembangkan usaha, melainkan juga aktif                       business, but also actively participating in the
                                                                          berpartisipasi dalam pengembangan aspek sosial                  development of social and environmental aspects
                                                                          dan lingkungan di Indonesia. Perseroan meyakini                 in Indonesia. The Company believes that the
                                                                          bahwa peningkatan sebuah bisnis harus seimbang                  improvement of a business must be balanced with the
                                                                          dengan peningkatan aspek sosial dan lingkungan.                 improvement of social and environmental aspects.


                                                                          Misi dalam Keberlanjutan                                        Mission in Sustainability

                                                                          Sebagaimana halnya visi, misi Perseroan dalam                   As with the vision, the Company’s mission in
                                                                          keberlanjutan dengan senantiasa mengembangkan                   sustainability is to continuously develop its business
                                                                          portofolio usaha secara keberlanjutan dengan melihat            portfolio in a sustainable manner by looking at various
                                                                          berbagai inovasi bisnis yang dapat menjaga stabilitas           business innovations that can maintain the stability
                                                                          nilai ekonomi Perseroan. Dalam mengupayakan                     of the Company’s economic value. In striving for
                                                                          stabilitas usaha secara berkelanjutan, Perseroan                sustainable business stability, the Company is always
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     senantiasa berpedoman pada prinsip Environmental,       guided by the principles of Environmental, Social, and
     Social, dan Governance (ESG) framework dalam            Governance (ESG) framework in every strategic design
     setiap rancangan strategis Perseroan.                   of the Company.


     Perseroan memahami bahwa untuk bisa mencapai            The Company understands that in order to achieve
     keberlanjutan usaha, Perseroan tidak terlepas           business sustainability, the Company cannot be
     dari peran dan dukungan dari para pemangku              separated from the role and support of stakeholders.
     kepentingan. Keberlanjutan usaha Perseroan akan         The sustainability of the Company’s business will

                                                                                                                                201
     membawa dampak bukan hanya bagi Perseroan,              have an impact not only for the Company, but both
     melainkan baik secara langsung maupun tidak             directly and indirectly, for shareholders, employees,
     langsung, bagi para pemegang saham, karyawan,           communities, especially those around the Company’s
     masyarakat, terutama yang berada di sekitar wilayah     and subsidiaries’ operating areas, as well as other




                                                                                                                                     PT First Media Tbk | Annual Report & Sustainability Report 2025
     operasi Perseroan dan entitas anak, serta para          relevant stakeholders.
     pemangku kepentingan lainnya yang relevan.


     Nilai-nilai Keberlanjutan                               Sustainability Values

     Nilai keberlanjutan telah tercantum dalam poin          The sustainability value is included as the final
     terakhir nilai-nilai perusahaan, yang terdiri dari:     point in the Company’s core values, which consists
     (1) Disiplin dalam pelaksanaan; (2) Kualitas dalam      of: (1) Discipline in execution; (2) Quality in service;
     pelayanan; (3) Inovasi dalam pengembangan; (4)          (3) Innovation in development; (4) Aggressive in
     Agresif dalam penetrasi pasar; (5) Perhatian terhadap   market penetration; (5) Attention to society and the
     masyarakat dan lingkungan.                              environment.
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                                                                   Kinerja 2025           Profil Perusahaan           Laporan Manajemen                    Analisa dan Pembahasan Manajemen
                                                                   2025 Performance       Company Profile             Management Report                    Management Discussion and Analysis




                                                                          Tata Kelola Keberlanjutan
                                                                          Corporate Governance for Sustainability

                                                                          Penanggung Jawab Penerapan Praktik Keberlanjutan                Person in Charge of Sustainability Practice

                                                                          Dalam implementasi kinerja keberlanjutan,                       Implementation

                                                                          penanggung jawab dan pengambilan keputusan                      In the implementation of sustainability performance,
                                                                          terkait dampak pada bidang ekonomi, lingkungan dan              the Board of Directors is collectively responsible and
                                                                          sosial dilakukan oleh Direksi secara kolektif. Sementara        makes decisions related to economic, environmental
                                                                          pelaksanaannya menjadi tanggung jawab level                     and social impacts. While the implementation is the
                                                                          manajerial yang terintegrasi pada bagian-bagian                 responsibility of the managerial level integrated in the
                                                                          terkait.                                                        relevant sections.


202                                                                       Pelatihan & Pengembangan Kompetensi Terkait                     Training & Competency Development Related to
                                                                          Keberlanjutan                                                   Sustainability

                                                                          Dalam rangka meningkatkan kompetensi dalam                      To enhance competencies in various sustainability
                                                                          aspek-aspek keberlanjutan, Perseroan mendukung                  aspects, the Company supports all employees to
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          segenap karyawan untuk aktif mengikuti pelatihan                actively participate in training and discussion forums
                                                                          dan forum diskusi yang mengangkat tema                          that address sustainability themes, including social,
                                                                          keberlanjutan yang mencakup aspek sosial,                       environmental, and governance aspects. Throughout
                                                                          lingkungan hidup dan tata kelola. Sepanjang tahun               2025, the Company’s employees attended several
                                                                          2025, karyawan Perseroan mengikuti beberapa                     sustainability‑related webinars organized by the
                                                                          webinar terkait keberlanjutan yang diadakan oleh                Indonesian Issuers Association (AEI) and the Indonesia
                                                                          Asosiasi Emiten Indonesia (AEI) dan Bursa Efek                  Stock Exchange (IDX).
                                                                          Indonesia (BEI).


                                                                          Manajemen Risiko Berkelanjutan                                  Sustainable Risk Management

                                                                          Perseroan menyadari bahwa pengelolaan risiko yang               The Company recognizes that effective risk

                                                                          efektif merupakan elemen penting untuk memastikan               management is an essential element to ensure

                                                                          keberlanjutan dan tercapainya tujuan jangka panjang.            sustainability and the achievement of long-term

                                                                          Dalam menjaga keberlanjutan bisnis, Perseroan                   goals. In maintaining business sustainability, the
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Tata Kelola Perusahaan              Aksi Keberlanjutan          Lembar Tanda Tangan               Laporan Keuangan Audit
Corporate Governance                Sustainability Action       Signature Sheet                   Audited Financial Statements




     mengelola sejumlah risiko yang dapat dilihat pada      Company manages a number of risks that can be
     Bab Tata Kelola Perusahaan dalam Laporan Tahunan       seen in the Corporate Governance Chapter in this
     ini.                                                   Annual Report.


     Pelibatan Pemangku Kepentingan                         Stakeholder Engagement

     Para pemangku kepentingan Perseroan yang               The Company’s stakeholders related to the impact of
     berkaitan dengan dampak pengembangan usaha             business development and long-term sustainability,
     dan keberlanjutan jangka panjang, sebagai pihak yang   as parties who are involved and have an interest in
     terlibat dan memiliki kepentingan terhadap Perseroan   the Company and can influence and/or be influenced
     serta dapat memengaruhi dan/atau dipengaruhi oleh      by the achievement of the Company’s goals include:             203
     pencapaian tujuan Perseroan antara lain: karyawan,     employees, government, investors, business partners,
     pemerintah, investor, mitra bisnis, dan konsumen.      and consumers. The Company engages stakeholders
     Perseroan melibatkan para pemangku kepentingan         through meetings, CSR activities, public exposures, the




                                                                                                                                 PT First Media Tbk | Annual Report & Sustainability Report 2025
     melalui forum-forum pertemuan, kegiatan CSR, paparan   Company’s website and the publication of the Annual
     publik, website Perseroan, dan publikasi Laporan       Report and Sustainability Report.
     Tahunan dan Laporan Keberlanjutan.


     Permasalahan Terkait Penerapan Keberlanjutan           Issues Related to Sustainability Implementation

     Tidak semua pemangku kepentingan memahami              Not all stakeholders understand the importance of the
     pentingnya keseimbangan antara aspek ekonomi,          balance between economic, social, and environmental
     sosial, dan lingkungan yang menjadi dasar              aspects that form the basis for sustainability
     bagi kinerja keberlanjutan. Perseroan berusaha         performance. The Company strives to bridge all
     menjembatani semua persepsi dan kepentingan            stakeholders’ perceptions and interests in order to be
     pemangku kepentingan agar dapat selaras dengan         aligned with the Company’s sustainability goals. In
     tujuan keberlanjutan Perseroan. Pada tahun 2025,       2025, the Company did not record any issues related
     Perseroan tidak mencatat adanya permasalahan           to sustainability implementation.
     terkait penerapan keberlanjutan.
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                                                                   Kinerja 2025             Profil Perusahaan           Laporan Manajemen                  Analisa dan Pembahasan Manajemen
                                                                   2025 Performance         Company Profile             Management Report                  Management Discussion and Analysis




                                                                          Kinerja Keberlanjutan
                                                                          Sustainability Performance

                                                                          Membangun Budaya Keberlanjutan                                    Building Sustainability Culture

                                                                          Budaya korporasi Perseroan dibangun berdasarkan                   The Company’s corporate culture is built on
                                                                          nilai-nilai keberlanjutan ekonomi, sosial,                        values of economic, social, community, OHS, and
                                                                          kemasyarakatan, K3, hingga pelanggan, yang                        customer sustainability, all of which are based on the
                                                                          semuanya didasarkan pada 17 TPB yang telah                        17 SDGs that have been agreed upon by countries that
                                                                          disepakati oleh negara-negara yang tergabung                      are members of the United Nations. All employees
                                                                          dalam PBB. Seluruh karyawan Perseroan dan                         of the Company and its subsidiaries are involved in
                                                                          entitas anak turut dilibatkan dalam inisiatif-inisiatif           sustainability initiatives, both in environmental and
                                                                          keberlanjutan, baik dalam aspek lingkungan                        social aspects. The awareness level of all employees

204                                                                       maupun sosial. Tingkat awareness seluruh karyawan                 is continuously increased to protect the environment
                                                                          senantiasa ditingkatkan untuk menjaga lingkungan                  through the installation of stickers and posters that
                                                                          melalui pemasangan stiker dan poster yang                         remind them to be efficient in water and energy
                                                                          mengingatkan mereka untuk efisien dalam konsumsi                  consumption.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          air dan energi.

                                                                          Dalam aspek sosial, karyawan juga turut dilibatkan                In the social aspect, employees are also involved in
                                                                          dalam pelaksanaan program-program tanggung                        the implementation of social responsibility programs
                                                                          jawab sosial melalui kehadiran mereka dalam                       through their presence in community activities. The
                                                                          kegiatan komunitas. Perseroan terus membangun                     Company continues to build a culture of sustainability
                                                                          budaya keberlanjutan dengan mengeluarkan                          by issuing policies that are aligned with sustainability
                                                                          kebijakan-kebijakan yang selaras dengan aspek                     aspects as evidence of the Company’s commitment
                                                                          keberlanjutan sebagai bukti komitmen Perseroan                    to creating long-term sustainable value.
                                                                          untuk menciptakan nilai keberlanjutan dalam jangka
                                                                          panjang.




                                                                          Aspek Ekonomi                                                     Economic Aspect

                                                                          Kinerja ekonomi Perseroan dari nilai ekonomi langsung             The Company’s economic performance is based

                                                                          yang dihasilkan dan nilai ekonomi yang didistribusikan.           on the direct economic value generated and the

                                                                          Nilai ekonomi langsung yang dihasilkan merupakan                  economic value distributed. The direct economic

                                                                          sejumlah pendapatan yang diperoleh dari operasional               value generated is the amount of revenue earned

                                                                          bisnis Perseroan. Sementara nilai ekonomi yang                    from the Company’s business operations. While the

                                                                          didistribusikan merupakan sejumlah pengeluaran                    distributed economic value is a number of expenses

                                                                          yang didistribusikan kepada para pemangku                         distributed to stakeholders as a form of the

                                                                          kepentingan sebagai bentuk kontribusi Perseroan                   Company’s contribution in improving the welfare of

                                                                          dalam meningkatkan kesejahteraan para pemangku                    stakeholders, including employee salaries and taxes

                                                                          kepentingan, seperti gaji karyawan dan pajak yang                 paid to the government.

                                                                          dibayarkan kepada pemerintah.
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Tata Kelola Perusahaan                                  Aksi Keberlanjutan              Lembar Tanda Tangan                 Laporan Keuangan Audit
Corporate Governance                                    Sustainability Action           Signature Sheet                     Audited Financial Statements




     Pada tahun 2025, Perseroan membukukan                                          In 2025, the Company recorded revenue of Rp1.6
     pendapatan sebesar Rp1,6 miliar, menurun signifikan                            billion, a significant decline from Rp28.6 billion in
     dari Rp28,6 miliar pada tahun sebelumnya akibat                                the previous year, due to reduced contributions
     berkurangnya kontribusi dari segmen infrastruktur.                             from the infrastructure segment. Nevertheless, other
     Meskipun demikian, penghasilan komprehensif lain                               comprehensive income increased significantly,
     meningkat secara signifikan sehingga total ekuitas                             resulting in total equity rising from Rp0.7 trillion
     Perseroan naik dari Rp0,7 triliun menjadi Rp4,0 triliun                        to Rp4.0 trillion in 2025. The Company’s primary
     pada tahun 2025. Tujuan utama Perseroan dalam                                  objective in capital management is to optimize equity
     pengelolaan modal adalah mengoptimalkan ekuitas                                to sustain future business growth while maximizing
     untuk menjaga keberlanjutan pertumbuhan bisnis                                 value for shareholders. The Company manages its
     di masa depan serta memaksimalkan nilai bagi                                   capital structure and makes necessary adjustments
     pemegang saham. Perseroan mengelola struktur                                   by taking into account changes in economic
     modal dan melakukan penyesuaian yang diperlukan                                conditions and its strategic objectives.
     dengan mempertimbangkan perubahan kondisi
     ekonomi dan tujuan strategis Perseroan.
                                                                                                                                                     205
     Tabel di bawah ini menampilkan rincian nilai-nilai                             The table below provides a breakdown of the
     ekonomi yang dihasilkan dan didistribusikan oleh                               economic values generated and distributed by




                                                                                                                                                           PT First Media Tbk | Annual Report & Sustainability Report 2025
     Perseroan:                                                                     the Company:


                                Deskripsi                                               2025                 2024                2023
                                Description
       dalam jutaan Rupiah
        in millions of Rupiah




                                Nilai Ekonomi Langsung Dihasilkan
                                Direct Economic Value Generated
                                Total Pendapatan                                        1.694               28.572             113.520
                                Total Revenues
                                Nilai Ekonomi Langsung yang Didistribusikan
                                Direct Economic Value Distributed
                                >   Biaya Operasional                                  16.642                7.516              43.911
                                    Operational Cost
                                >   Upah dan Tunjangan Karyawan                         3.839               13.081              37.102
                                    Employee Wages and Benefits
                                >   Pembayaran kepada Pemerintah                          7                   78                  129
                                    Payment to Government
                                Total Nilai Ekonomi Langsung Yang Didistribusikan      20.488               20.675              81.142
                                Total Direct Economic Value Distributed



     Aspek Lingkungan Hidup                                                         Environmental Aspect

     Pada 22 April 2016, Pemerintah Indonesia                                       On April 22, 2016, the Government of Indonesia signed
     menandatangani Paris Agreement, yakni perjanjian                               the Paris Agreement, an agreement under the United
     dalam Konvensi Kerangka Kerja Perubahan Iklim                                  Nations Framework Convention on Climate Change
     Perserikatan Bangsa-Bangsa atau United Nations                                 (UNFCCC), on greenhouse gas (GHG) emissions
     Framework Convention on Climate Change (UNFCCC),
                                                                                    mitigation, adaptation, and finance. Through the
     mengenai mitigasi emisi gas rumah kaca (GRK),
                                                                                    Paris Agreement, the world agreed to contain the
     adaptasi, dan keuangan. Melalui Persetujuan
                                                                                    rate of increase in global temperature to reduce the
     Paris, dunia sepakat menahan laju peningkatan
                                                                                    risks and impacts of climate change. Together, the
     temperatur global untuk mengurangi risiko dan
                                                                                    world seeks to improve adaptability to the impacts
     dampak dari perubahan iklim. Secara bersama-
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                                                                   Kinerja 2025           Profil Perusahaan             Laporan Manajemen                  Analisa dan Pembahasan Manajemen
                                                                   2025 Performance       Company Profile               Management Report                  Management Discussion and Analysis




                                                                          sama, dunia berupaya meningkatkan kemampuan                       of climate change, increase climate resilience, and
                                                                          beradaptasi terhadap dampak dari perubahan iklim,                 implement low-GHG-emitting development without
                                                                          meningkatkan ketahanan iklim, dan melaksanakan                    threatening food production, as well as create
                                                                          pembangunan yang bersifat rendah emisi GRK tanpa                  consistent financial flows to achieve low-GHG-
                                                                          mengancam produksi pangan, serta membuat
                                                                                                                                            emitting development and resilience to climate
                                                                          aliran finansial yang konsisten demi tercapainya
                                                                                                                                            change.
                                                                          pembangunan rendah emisi GRK dan memiliki
                                                                          ketahanan terhadap perubahan iklim.

                                                                                                                                            The majority of the Company and its subsidiaries’
                                                                          Mayoritas kegiatan operasional Perseroan dan entitas
                                                                                                                                            operations involve administrative and domestic
                                                                          anak merupakan aktivitas administratif dan domestik.
                                                                                                                                            activities that do not cause significant environmental
                                                                          Salah satu bentuk dukungan Perseroan dan anak-
                                                                                                                                            impacts. One form of support from the Company and
                                                                          anak usaha pada komitmen pemerintah dalam Paris                   its subsidiaries to the government’s commitment in
                                                                          Agreement adalah melalui penghematan energi.                      the Paris Agreement is through energy saving.
206                                                                       Energi listrik merupakan jenis energi utama yang                  Electrical energy is the main type of energy used by
                                                                          digunakan oleh Perseroan dan seluruh entitas anak                 the Company and all subsidiaries both at the head
                                                                          usaha baik di kantor pusat maupun di area kegiatan                office and in operational areas. All electrical energy is
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          operasional. Seluruh energi listrik diperoleh dari                obtained from the State Electricity Company (PLN) as
                                                                          Perusahaan Listrik Negara (PLN) sebagai sumber                    the main source and diesel-fueled generator facilities
                                                                          utama dan fasilitas generator berbahan bakar solar
                                                                                                                                            as a backup power source used in the event of a
                                                                          sebagai sumber listrik cadangan yang digunakan
                                                                                                                                            power outage by PLN.
                                                                          saat terjadi pemadaman listrik oleh PLN.

                                                                          Upaya efisiensi energi telah mulai dilakukan                      Energy efficiency efforts have begun to be carried

                                                                          melalui penerapan praktik-praktik sederhana,                      out through the implementation of simple practices,

                                                                          seperti mengatur penggunaan tenaga listrik untuk                  such as regulating the use of electricity for lighting

                                                                          lampu penerangan di dalam dan di luar gedung,                     inside and outside the building, regulating the hours

                                                                          mengatur jam pemakaian listrik untuk pendingin                    of electricity usage for air conditioning, regulating

                                                                          udara, mengatur waktu penggunaan peralatan yang                   the time of use of equipment that requires electrical

                                                                          membutuhkan energi listrik, dan pemakaian lampu/                  energy, and the use of energy-efficient lamps/

                                                                          peralatan listrik yang hemat energi.                              electrical equipment.



                                                                          Perseroan dan entitas anak menggunakan air untuk                  The Company and its subsidiaries use water to meet

                                                                          memenuhi kebutuhan domestik karyawan dan                          the domestic needs of employees and customers,

                                                                          pelanggan, untuk memenuhi kegiatan tanggap                        to fulfill emergency response activities, and other
                                                                          darurat, dan kebutuhan umum lainnya. Perseroan dan                general needs. The Company and its subsidiaries
                                                                          anak-anak perusahaan memperoleh air dari pihak                    obtain water from third parties.
                                                                          ketiga.

                                                                          Upaya efisiensi konsumsi air selalu diterapkan,                   Water consumption efficiency efforts are always
                                                                          melalui kebijakan penghematan penggunaan air.                     implemented, through water saving policies.
                                                                          Inisiatif untuk meningkatkan awareness karyawan                   Initiatives to increase awareness of employees and
                                                                          dan pelanggan untuk lebih peduli terhadap jumlah                  customers to be more concerned about the amount
                                                                          air yang mereka konsumsi, dilakukan melalui                       of water they consume, are carried out through the
                                                                          pemasangan stiker pada lokasi dimana air bersih                   installation of stickers at locations where clean water
                                                                          dikonsumsi, seperti toilet dan wastafel. Selain itu,              is consumed, such as toilets and sinks. In addition,
                                                                          perbaikan pada jalur pipa yang bocor juga dilakukan               repairs to leaking pipelines are also carried out to
                                                                          untuk memastikan tidak ada air yang terbuang                      ensure that no water is wasted.
                                                                          dengan sia-sia.
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Tata Kelola Perusahaan                           Aksi Keberlanjutan               Lembar Tanda Tangan                Laporan Keuangan Audit
Corporate Governance                             Sustainability Action            Signature Sheet                    Audited Financial Statements




     Operasional Perseroan terutama berasal dari                             The Company’s operations primarily consist of
     aktivitas administrasi dan perkantoran, sehingga                        administrative and office activities; therefore, no
     tidak terdapat material atau bahan baku khusus                          specific materials or raw materials are used, other
     yang digunakan, selain material untuk memenuhi                          than those required for general administrative
     kebutuhan administrasi pada umumnya, yang                               needs, which are predominantly paper. The use of
     sebagian besar berupa kertas. Penggunaan kertas                         paper in the operational activities of the Company
     dalam kegiatan operasional Perseroan dan entitas                        and its subsidiaries has been minimized by utilizing
     anak telah diminimalisir dengan memanfaatkan                            information technology and implementing go green,
     teknologi informasi dan menerapkan go green, seperti                    such as the use of double-sided paper, reusing the
     penggunaan kertas dua sisi, pemanfaatan kembali                         results of printing drafts or draft letters to be used as
     hasil pencetakan konsep atau draft surat untuk                          note paper.
     digunakan sebagai kertas catatan.

     Mayoritas limbah yang dihasilkan adalah limbah                          The majority of waste generated is non-B3
     non-B3 (bahan berbahaya dan beracun) yang                               (hazardous and toxic) waste from employee
     berasal dari aktivitas karyawan. Pada kegiatan                          activities. In administrative activities, waste is               207
     administrasi, limbah yang dihasilkan berupa kertas                      generated in the form of used paper and other
     bekas dan peralatan tulis kantor lainnya yang telah                     unused office stationery. All non-hazardous and toxic




                                                                                                                                                    PT First Media Tbk | Annual Report & Sustainability Report 2025
     tidak terpakai. Seluruh limbah non-B3 dikumpulkan                       waste is collected every day and handed over to
     setiap harinya dan diserahkan ke pihak pengelola                        the building manager to be transported by the local
     gedung untuk selanjutnya diangkut oleh dinas                            sanitation department.
     kebersihan setempat.


     Inisiatif untuk mengurangi timbunan limbah                              Initiatives to reduce waste piles carried out by the
     yang dilakukan oleh Perseroan dan entitas anak                          Company and its subsidiaries include reducing the
     diantaranya adalah pengurangan penggunaan kertas                        use of paper by utilizing two sides. The Company
     dengan memanfaatkan dua sisi. Perseroan selalu                          always encourages employees not to print, unless
     menghimbau karyawan untuk tidak melakukan proses                        it is really needed in the form of hard copies.
     cetak, kecuali jika memang sangat dibutuhkan dalam                      In addition, employees are also encouraged to
     bentuk hard copy. Selain itu, karyawan juga dihimbau
                                                                             minimize the use of single-use plastics for drinking
     untuk meminimalisir penggunaan plastik sekali pakai
                                                                             and eating containers. Meanwhile, waste that falls
     untuk wadah minum dan makan. Sementara itu,
                                                                             into the B3 category is mostly in the form of used ink
     limbah yang masuk ke dalam kategori B3 sebagian
                                                                             cartridges, which is minimal in quantity. This waste
     besar berupa cartridge tinta bekas yang jumlahnya
                                                                             is collected separately and handed over to third
     tidak signifikan. Limbah ini dikumpulkan secara
                                                                             parties who can utilize this waste.
     terpisah dan diserahkan ke pihak ketiga yang dapat
     memanfaatkan limbah ini.

     Berikut tabel penggunaan energi listrik dan air oleh                    The following is a table of electricity and water usage
     Perseroan dan anak-anak usaha Perseroan:                                by the Company and its subsidiaries:
     dalam jutaan Rupiah
      in millions of Rupiah




                              Penggunaan Energi Berdasarkan Wilayah Operasional
                              Energy Usage by Operational Area                        2025             2024             2023



                              Wilayah DKI Jakarta & Tangerang
                              DKI Jakarta & Tangerang Region                            17             144              954
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                                                                   Kinerja 2025          Profil Perusahaan          Laporan Manajemen                   Analisa dan Pembahasan Manajemen
                                                                   2025 Performance      Company Profile            Management Report                   Management Discussion and Analysis




                                                                          Aspek Sosial                                                  Social Aspect

                                                                          Perseroan membagi pengungkapan aspek sosial                   The Company divides the disclosure of social aspects
                                                                          menjadi dua bagian, yaitu aspek sosial dalam                  into two parts, namely social aspects in labor and
                                                                          ketenagakerjaan dan aspek sosial masyarakat.                  social aspects of the community. This division is to
                                                                          Pembagian ini untuk menunjukkan adanya tindakan               show the existence of balance actions (internal and
                                                                          keseimbangan (internal maupun eksternal) yang                 external) implemented by the Company in building
                                                                          dilaksanakan oleh Perseroan dalam membangun                   the sustainability of social aspects. Social aspects in
                                                                          keberlanjutan aspek sosial. Aspek sosial dalam bidang         the field of employment have been disclosed in the
                                                                          ketenagakerjaan telah diungkapkan dalam subbab                subchapter “Human Resources Overview” available in
                                                                          “Tinjauan Sumber Daya Manusia” yang tersedia dalam            this Annual Report.
                                                                          Laporan Tahunan ini.


                                                                          Dalam aspek sosial masyarakat, anak-anak usaha                In the social aspect of society, the Company’s

                                                                          Perseroan mengutamakan keamanan, kenyamanan,                  subsidiaries prioritize safety, comfort, and

208                                                                       dan kepuasan pelanggan dalam bisnis yang                      customer satisfaction in their business. Therefore,
                                                                                                                                        the Company’s subsidiaries always strive to
                                                                          dijalankan. Oleh karena itu, anak-anak usaha
                                                                          Perseroan senantiasa berupaya untuk memberikan                provide the best service to customers, starting

                                                                          pelayanan terbaik kepada pelanggan, mulai dari                from providing services, information, handling
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          pemberian layanan, informasi, penanganan keluhan              customer complaints, to customer protection in

                                                                          pelanggan, hingga perlindungan pelanggan sesuai               accordance with applicable laws and regulations.

                                                                          dengan peraturan perundang-undangan yang
                                                                          berlaku.

                                                                          Inovasi dan pengembangan produk usaha dilakukan               Innovation and business product development

                                                                          oleh anak usaha Perseroan tidak hanya bertujuan               carried out by the Company’s subsidiaries not only

                                                                          untuk memberikan manfaat secara ekonomi kepada                aim to provide economic benefits to the company,

                                                                          perusahaan, namun diantaranya juga memberikan                 but also have a positive impact on social and

                                                                          dampak positif pada aspek sosial dan lingkungan               environmental aspects. The Company supports

                                                                          hidup. Perseroan mendukung strategi anak-anak                 the strategy of its subsidiaries in digitalization

                                                                          usaha dalam inovasi digitalisasi.                             innovation.

                                                                          Kepuasan pelanggan merupakan faktor penting                   Customer satisfaction is an important factor in
                                                                          dalam memastikan keberlanjutan usaha. Setiap                  ensuring business sustainability. Each subsidiary
                                                                          entitas anak usaha memastikan produk atau layanan             ensures that the products or services provided are
                                                                          yang diberikan telah sesuai dengan spesifikasi                in accordance with the specifications agreed with
                                                                          yang disepakati dengan pelanggan, dengan begitu               the customer, so that customer expectations for the
                                                                          harapan pelanggan akan produk dan layanan yang                products and services received can be met.
                                                                          diterima dapat terpenuhi.
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Tata Kelola Perusahaan             Aksi Keberlanjutan           Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance                Sustainability Action       Signature Sheet                  Audited Financial Statements




                                                                                                                          209




                                                                                                                                PT First Media Tbk | Annual Report & Sustainability Report 2025
     Penanganan keluhan pelanggan pada setiap anak          Handling customer complaints in each subsidiary
     usaha Perseroan memiliki kebijakan dan mekanisme       Company has its own policies and mechanisms to
     tersendiri untuk menangani keluhan pelanggan yang      handle customer complaints that are
     disesuaikan dengan lini bisnis yang dijalani. Setiap   adjusted to the line of business undertaken. Every
     keluhan yang diterima dari pelanggan dipastikan        complaint received from customers are ensured to
     untuk ditindaklanjuti dan diselesaikan dengan baik.    be followed up and resolved properly. Monitoring of
     Pemantauan terhadap tingkat kepuasan pelanggan         customer satisfaction levels is also carried out to
     juga dilakukan untuk mengetahui bagaimana              determine how customers perceive the Company’s
     persepsi pelanggan terhadap kinerja Perseroan.         performance. The monitoring results are then
     Hasil pemantauan selanjutnya dianalisis untuk          analyzed to identify things that can be improved to
     mengidentifikasi hal-hal yang dapat diperbaiki         increase the value offered to customers.
     guna meningkatkan nilai yang ditawarkan kepada
     pelanggan.

     Selain mengutamakan pelanggan, Perseroan               In addition to prioritizing customers, the Company

     juga berusaha memberikan dampak positif bagi           also strives to have a positive impact on the

     masyarakat sekitar. Keterlibatan masyarakat di         surrounding community. Community involvement

     wilayah kerja diharapkan dapat memberikan andil        in the working area is expected to contribute to

     bagi kemajuan masing-masing lokasi. Untuk itu,         the progress of each location. For this reason, the

     masyarakat memberikan umpan balik kepada               community provides feedback to the Company

     Perseroan melalui warga yang telah direkrut sebagai    through residents who have been recruited as

     karyawan di lokasi kerja. Selama tahun 2025, seluruh   employees at work sites. During 2025, all business

     kegiatan bisnis Perseroan dan anak usaha tidak         activities of the Company and its subsidiaries did

     memberikan dampak negatif yang signifikan pada         not have a significant negative impact on the

     masyarakat sekitar.                                    surrounding community.
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                                                                   Kinerja 2025          Profil Perusahaan           Laporan Manajemen                    Analisa dan Pembahasan Manajemen
                                                                   2025 Performance      Company Profile              Management Report                   Management Discussion and Analysis




                                                                          Sebagai wujud Tanggung Jawab Sosial, Perseroan                  As part of its Social Responsibility initiatives, the
                                                                          mendukung kegiatan donor darah yang                             Company supported a blood donation drive held

                                                                          diselenggarakan pada tanggal 24 Juli 2025 di Menara             on July 24, 2025, at Menara Matahari, Lippo Village.
                                                                                                                                          The event was organized in collaboration with the
                                                                          Matahari, Lippo Village. Kegiatan ini dilaksanakan
                                                                                                                                          Indonesian Red Cross (PMI) of Tangerang Regency.
                                                                          bekerja sama dengan PMI Kabupaten Tangerang. Dari
                                                                                                                                          Out of 189 registrants, a total of 155 individuals from
                                                                          189 pendaftar, sebanyak 155 orang dari 23 perusahaan
                                                                                                                                          23 companies successfully donated blood. Each
                                                                          berhasil menjadi pendonor. Setiap pendonor
                                                                                                                                          donor received a goodie bag from PMI, a snack box,
                                                                          menerima goodie bag dari PMI, snack box, serta
                                                                                                                                          and the opportunity to participate in a prize draw
                                                                          kesempatan mengikuti undian berhadiah voucher                   featuring vouchers from Hypermart and Cinepolis, as
                                                                          Hypermart, Cinepolis, serta tumbler dan voucher Maxx            well as tumblers and vouchers from Maxx Coffee. In
                                                                          Coffee. Selain kegiatan donor darah, tersedia pula              addition to the blood donation activity, health check-
                                                                          layanan pemeriksaan kesehatan yang bekerja sama
210                                                                       dengan Rumah Sakit Primaya dan Optik Melawai,
                                                                                                                                          up services were also provided in collaboration with
                                                                                                                                          Primaya Hospital and Optik Melawai, including uric
                                                                          meliputi pemeriksaan asam urat, gula darah, serta               acid and blood glucose tests, as well as eye and ear
                                                                          pemeriksaan mata dan telinga.                                   examinations.
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                          Pada bulan Desember 2025, Perseroan menyalurkan                 In December 2025, the Company distributed
                                                                          donasi bagi korban bencana banjir yang melanda                  donations to support victims of flooding that
                                                                          sejumlah wilayah di Sumatra. Bantuan tersebut                   affected several regions in Sumatra. The assistance
                                                                          berupa pengadaan dan distribusi kebutuhan                       consisted of the procurement and distribution of
                                                                          pokok bagi masyarakat terdampak. Penyaluran                     basic necessities for affected communities. The aid
                                                                          bantuan dilakukan melalui posko Badan Nasional                  was channeled through the Disaster Management
                                                                          Penanggulangan Bencana (BNPB) di Medan dan                      Agency (Badan Nasional Penanggulangan Bencana/
                                                                          Padang guna memastikan bantuan diterima secara                  BNPB) posts in Medan and Padang to ensure it was
                                                                          tepat sasaran serta mendukung pemenuhan                         delivered effectively and supported the fulfillment
                                                                          kebutuhan dasar masyarakat selama masa tanggap                  of essential needs during the emergency response
                                                                          darurat.                                                        period.
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Tata Kelola Perusahaan             Aksi Keberlanjutan          Lembar Tanda Tangan              Laporan Keuangan Audit
Corporate Governance               Sustainability Action       Signature Sheet                  Audited Financial Statements




     Tanggapan terhadap Laporan
     Keberlanjutan Sebelumnya
     Feedback to Previous Sustainability
     Report


     Tanggapan terhadap Umpan Balik Laporan                Response to Feedback on Previous Year’s
     Keberlanjutan Tahun Sebelumnya                        Sustainability Report

     Berdasarkan sarana umpan balik yang disediakan        Based on the feedback tool provided by the
     oleh Perseroan, tidak ada pertanyaan, saran atau      Company, there were no questions, suggestions or
     masukan terhadap Laporan Keberlanjutan tahun buku
     sebelumnya.
                                                           inputs on the Sustainability Report of the previous
                                                           financial year.
                                                                                                                           211

     Verifikasi Pihak Independen                           Independent Party Verification




                                                                                                                                                                                          2024
                                                                                                                               PT First Media Tbk | Annual Report & Sustainability Report 2025
     Laporan Keberlanjutan Tahun Buku 2025 belum           The 2025 Financial Year Sustainability Report has not
     melibatkan verifikasi pihak independen.               involved independent party verification.
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                                                                   Kinerja 2025             Profil Perusahaan                 Laporan Manajemen                     Analisa dan Pembahasan Manajemen
                                                                   2025 Performance         Company Profile                   Management Report                     Management Discussion and Analysis




                                                                                LEMBAR UMPAN BALIK
                                                                                Feedback Form

                                                                                Kami sangat berharap dapat menerima masukan,                         We truly hope to receive input, feedback or
                                                                                umpan balik atau saran untuk perbaikan di masa men-                  suggestions for improvements in the future of the
                                                                                datang terhadap Laporan yang disajikan. Anda dapat                   presented Report. You may fill out this feedback
                                                                                mengisi lembar umpan balik ini dan mengirimkannya                    form and send it back to us.
                                                                                kembali kepada kami.

                                                                                Nama/Name 		                     :


                                                                                Institusi/Institution 		         :


                                                                                Email/Email 		                   :


212                                                                             No. Kontak/Contact No.           :



                                                                                Grup Pemangku Kepentingan/Stakeholder group
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                             Investor/Investor                      Karyawan/Employee                        Masyarakat/Community

                                                                                             Mitra/Partner                          Pemerintah/Government                    Media/Media

                                                                                             Lainnya/Others

                                                                                Mohon pilih jawaban yang paling sesuai dengan memberikan tanda √:
                                                                                Please choose the most suitable answer by checking √ on the box:

                                                                                Laporan ini mencakup informasi yang menjadi perhatian Anda
                                                                                                                                                                    Ya/Yes          Tidak/No
                                                                                This report includes information that comes to your attention

                                                                                Laporan ini memberikan informasi secara menyeluruh dan transparan
                                                                                                                                                                    Ya/Yes          Tidak/No
                                                                                This report provides comprehensive and transparent information

                                                                                Laporan ini menarik dan dirancang dengan baik                                       Ya/Yes          Tidak/No
                                                                                This report is interesting and well designed

                                                                                Topik apakah yang menurut Anda paling informatif dan bermanfaat?
                                                                                What topic do you think is the most informative and useful?




                                                                                Selain yang telah disajikan, informasi apakah yang ingin Anda peroleh melalui laporan ini?
                                                                                Other than what has been presented, what information do you wish to obtain through this report?




                                                                                Harap berikan masukan dan saran bagaimana kami dapat membuat laporan ini lebih baik di masa mendatang
                                                                                Please give feedback and suggestions on how we can improve this report in the future




                                                                                Terima kasih atas kesediaan Bapak/Ibu untuk melu-                    Thank you for your willingness to spend time filling
                                                                                angkan waktu mengisi lembar umpan balik ini. Silah-                  out this feedback form. Please send this sheet to us
                                                                                kan kirimkan lembar ini kepada kami melalui kontak                   through the available contact.
                                                                                yang tersedia.


                                                                                PT First Media Tbk                   Email : corporate.secretary@firstmedia.co.id
Page 213
Tata Kelola Perusahaan                  Aksi Keberlanjutan                          Lembar Tanda Tangan   Laporan Keuangan Audit
Corporate Governance                    Sustainability Action                       Signature Sheet       Audited Financial Statements




     INDEKS POJK-51/2017
     POJK-51/2017 INDEX




        Nomor Indeks                                                                                           Halaman
                                                                   Kriteria   Criteria
        Index Number                                                                                            Page


         Strategi Keberlanjutan
         Sustainability Strategy


                               Penjelasan Strategi Keberlanjutan
               A.1                                                                                                194
                               Explanation of Sustainability Strategy

                                                                                                                                    213
         Ikhtisar Kinerja Aspek Keberlanjutan
         Overview of Sustainability Aspects


                               Aspek Ekonomi




                                                                                                                                         PT First Media Tbk | Annual Report & Sustainability Report 2025
               B.1                                                                                                204
                               Economic Aspect


                               Aspek Lingkungan Hidup
               B.2                                                                                                205
                               Environmental Aspect


                               Aspek Sosial
               B.3                                                                                                208
                               Social Aspect


         Profil Perusahaan
         Company Profile


                               Visi, Misi, dan Nilai Keberlanjutan
               C.1                                                                                                200
                               Vision, Mission and Sustainability Value


                               Alamat Perusahaan
               C.2                                                                                                 21
                               Company Address


                               Skala Usaha
               C.3                                                                                                 12
                               Business Scale


                               Produk, Layanan dan Kegiatan Usaha yang Dijalankan
               C.4                                                                                                72
                               Products, Services and Business Activities Carried Out


                               Keanggotaan pada Asosiasi
               C.5                                                                                                 21
                               Association Membership


                               Perubahan Emiten dan Perusahaan Publik yang Bersifat Signifikan
               C.6                                                                                                90
                               Significant Changes of Issuer and Public Company
Page 214
                                                                   Kinerja 2025             Profil Perusahaan                Laporan Manajemen                       Analisa dan Pembahasan Manajemen
                                                                   2025 Performance         Company Profile                  Management Report                       Management Discussion and Analysis




                                                                              Nomor Indeks                                                                                                         Halaman
                                                                                                                                       Kriteria    Criteria
                                                                              Index Number                                                                                                          Page


                                                                              Penjelasan Direksi
                                                                              Explanation from the Board of Directors


                                                                                                    Penjelasan Direksi
                                                                                      D.1                                                                                                            66
                                                                                                    Explanation from the Board of Directors


                                                                              Tata Kelola Keberlanjutan
214                                                                           Sustainability Governance


                                                                                                    Penanggungjawab Penerapan Keuangan Berkelanjutan
                                                                                      E.1                                                                                                            202
                                                                                                    Party in Charge of Sustainable Finance Implementation
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                    Pengembangan Kompetensi Terkait Keuangan Berkelanjutan
                                                                                      E.2                                                                                                            202
                                                                                                    Competency Development Related to Sustainable Finance


                                                                                                    Penilaian Risiko atas Penerapan Keuangan Berkelanjutan
                                                                                      E.3                                                                                                            202
                                                                                                    Risk Assessment on Sustainable Finance Implementation


                                                                                                    Hubungan dengan Pemangku Kepentingan
                                                                                      E.4                                                                                                            203
                                                                                                    Relationship with Stakeholders


                                                                                                    Permasalahan terhadap Penerapan Keuangan Berkelanjutan
                                                                                      E.5                                                                                                            203
                                                                                                    Problems on Sustainable Finance Implementation


                                                                              Kinerja Keberlanjutan
                                                                              Sustainability Performance


                                                                                                    Kegiatan Membangun Budaya Keberlanjutan
                                                                                      F.1                                                                                                            204
                                                                                                    Activity in Building Sustainability Culture


                                                                              Kinerja Ekonomi
                                                                              Economic Performance


                                                                                                    Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi,
                                                                                                    Pendapatan dan Laba Rugi
                                                                                      F.2                                                                                                            205
                                                                                                    Comparison of Target and Production Performance, Portfolio, Financing Target, or Investment,
                                                                                                    Income and Profit or Loss


                                                                                                    Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi Pada
                                                                                                    Instrumen Keuangan atau Proyek yang Sejalan dengan Penerapan Keuangan Berkelanjutan
                                                                                      F.3                                                                                                             -
                                                                                                    Comparison of Target and Portfolio Performance, Financing Target, or Investment in Financial
                                                                                                    Instruments or Projects in line with the Implementation of Sustainable Finance
Page 215
Tata Kelola Perusahaan                 Aksi Keberlanjutan                          Lembar Tanda Tangan                   Laporan Keuangan Audit
Corporate Governance                   Sustainability Action                       Signature Sheet                       Audited Financial Statements




        Nomor Indeks                                                                                                          Halaman
                                                                 Kriteria    Criteria
        Index Number                                                                                                           Page


        Kinerja Lingkungan Hidup
        Environmental Performance


        Aspek Umum
        General Aspect


                              Biaya Lingkungan Hidup
               F.4
                              Environmental Cost
                                                                                                                                   -
                                                                                                                                                   215
        Aspek Material
        Material Aspect




                                                                                                                                                        PT First Media Tbk | Annual Report & Sustainability Report 2025
                              Penggunaan Material yang Ramah Lingkungan
               F.5                                                                                                                207
                              Use of Environmentally-Friendly Materials


        Aspek Energi
        Energy Aspect


                              Jumlah dan Intensitas Energi yang Digunakan
               F.6                                                                                                                207
                              Amount and Intensity of Energy Used


                              Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan
               F.7                                                                                                                 -
                              Efforts and Achievements of Energy Efficiency by Using Renewable Energy


        Aspek Air
        Water Aspect


                              Penggunaan Air
               F.8                                                                                                               206
                              Water Usage


        Aspek Keanekaragaman Hayati
        Biodiversity Aspect



                              Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau
               F.9            Memiliki Keanekaragaman Hayati                                                                       -
                              Impact of Operational Areas that are Near or in a Conservation Area or Have Biodiversity




                              Usaha Konservasi Keanekaragaman Hayati
               F.10                                                                                                                -
                              Efforts to Conserve Biodiversity
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                                                                   Kinerja 2025              Profil Perusahaan               Laporan Manajemen                       Analisa dan Pembahasan Manajemen
                                                                   2025 Performance          Company Profile                 Management Report                       Management Discussion and Analysis




                                                                              Nomor Indeks                                                                                                       Halaman
                                                                                                                                       Kriteria    Criteria
                                                                              Index Number                                                                                                        Page


                                                                              Aspek Emisi
                                                                              Emission Aspect


                                                                                                    Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya
                                                                                      F.11                                                                                                           -
                                                                                                    Amount and Intensity of Emissions Produced Based on Types


                                                                                                    Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan
216                                                                                   F.12
                                                                                                    Efforts and Achievement of Emission Reductions Carried Out
                                                                                                                                                                                                     -


                                                                              Aspek Limbah dan Efluen
                                                                              Waste and Effluent Aspect
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                    Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis
                                                                                      F.13                                                                                                           -
                                                                                                    Amount of Waste and Effluent Produced Based on Types


                                                                                                    Mekanisme Pengelolaan Limbah dan Efluen
                                                                                      F.14                                                                                                          207
                                                                                                    Mechanism of Waste and Effluent Management


                                                                                                    Tumpahan yang Terjadi (Jika Ada)
                                                                                      F.15                                                                                                           -
                                                                                                    Spills Occurred (If Any)


                                                                              Aspek Pengaduan Terkait Lingkungan Hidup
                                                                              Aspect of Complaint Related to Environment


                                                                                                    Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan
                                                                                      F.16                                                                                                           -
                                                                                                    Number and Material of Environmental Complaints Received and Resolved


                                                                              Kinerja Sosial
                                                                              Social Performance


                                                                                                    Komitmen LJK, Emiten, atau Perusahaan Publik untuk Memberikan Layanan atas Produk
                                                                                      F.17          dan/atau Jasa yang Setara kepada Konsumen
                                                                                                                                                                                                   203
                                                                                                    Commitment of LJK (Financial Services Institution), Issuer, or Public Company to Providing
                                                                                                    Equal Services of Products and/or Services to Consumers


                                                                              Aspek Ketenagakerjaan
                                                                              Employment aspect




                                                                                                    Kesetaraan Kesempatan Bekerja
                                                                                      F.18                                                                                                          80
                                                                                                    Equal Employment Opportunity
Page 217
Tata Kelola Perusahaan               Aksi Keberlanjutan                        Lembar Tanda Tangan             Laporan Keuangan Audit
Corporate Governance                 Sustainability Action                     Signature Sheet                 Audited Financial Statements




        Nomor Indeks                                                                                                Halaman
                                                             Kriteria    Criteria
        Index Number                                                                                                 Page


                            Tenaga Kerja Anak dan Tenaga Kerja Paksa
              F.19                                                                                                      80
                            Child Labor and Forced Labor


                            Upah Minimum Regional
              F.20                                                                                                      82
                            Regional Minimum Wage


                            Lingkungan Bekerja yang Layak dan Aman
              F.21
                            Decent and Safe Working Environment
                                                                                                                        81
                                                                                                                                         217
                            Pelatihan dan Pengembangan Kemampuan Pegawai
              F.22                                                                                                      79
                            Training and Development of Employees’ Capabilities




                                                                                                                                              PT First Media Tbk | Annual Report & Sustainability Report 2025
        Aspek Masyarakat
        Community Aspect


                            Dampak Operasi terhadap Masyarakat Sekitar
              F.23                                                                                                     208
                            Impact of Operations on the Surrounding Community


                            Pengaduan Masyarakat
              F.24                                                                                                     209
                            Community Complaint


                            Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)
              F.25                                                                                                     210
                            Environmental Social Responsibility Activities


        Tanggung Jawab Pengembangan Produk/Jasa Berkelanjutan
        Responsibility for Sustainable Product/Service Development


                            Inovasi dan Pengembangan Produk/Jasa Keuangan berkelanjutan
              F.26                                                                                                      -
                            Innovation and Development of Sustainable Finance Products and/or Services


                            Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Pelanggan
              F.27                                                                                                      -
                            Products/Services That Have Been Evaluated for Safety for Customers



                            Dampak Produk/Jasa
              F.28                                                                                                     208
                            Impact of Product/Service



                            Jumlah Produk yang Ditarik Kembali
              F.29                                                                                                       -
                            The Number of Products Recalled



                            Survei Kepuasan Pelanggan terhadap Produk dan/atau Jasa Keuangan Berkelanjutan
              F.30                                                                                                       -
                            Customer Satisfaction Survey of the Sustainable Finance Products and/or Services
Page 218
                                                                   Kinerja 2025             Profil Perusahaan               Laporan Manajemen                       Analisa dan Pembahasan Manajemen
                                                                   2025 Performance         Company Profile                 Management Report                       Management Discussion and Analysis




                                                                              Nomor Indeks                                                                                                     Halaman
                                                                                                                                      Kriteria     Criteria
                                                                              Index Number                                                                                                      Page


                                                                              Lain-lain
                                                                              Others


                                                                                                   Verifikasi Tertulis dari Pihak Independen (jika Ada)
                                                                                      G.1                                                                                                         211
                                                                                                   Written Verification from an Independent Party (if any)


                                                                                                   Lembar Umpan Balik
                                                                                      G.2                                                                                                         212
                                                                                                   Feedback Form


                                                                                                   Tanggapan terhadap Umpan Balik Laporan Keberlanjutan Tahun Sebelumnya
                                                                                      G.3                                                                                                         211
                                                                                                   Response to Feedback of Previous Year’s Sustainability Report
218
                                                                                                   Daftar Pengungkapan Sesuai POJK 51/2017 tentang Penerapan Keuangan Berkelanjutan bagi
                                                                                                   Lembaga Jasa Keuangan, Emiten dan Perusahaan Publik
                                                                                      G.4                                                                                                          213
                                                                                                   List of Disclosure According to POJK 51/2017 on Implementation of Sustainable Finance for
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                                                   Financial Services Institutions, Issuers and Public Companies
Page 219
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Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




                                                                                                 219




                                                                                                      PT First Media Tbk | Annual Report & Sustainability Report 2025
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                 2025 Performance                                      Company Profile     Management Report   Management Discussion and Analysis




220
 PT First Media Tbk | Annual Report & Sustainability Report 2025




                                                                    7
                                                                   Lembar Tanda Tangan
                                                                   Signature Sheet
Page 221
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Corporate Governance     Sustainability Action   Signature Sheet       Audited Financial Statements




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                 2025 Performance                                      Company Profile     Management Report   Management Discussion and Analysis




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                                                                   8
                                                                   LAPORAN KEUANGAN AUDIT
                                                                   Audited Financial Statements
Page 225
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Corporate Governance     Sustainability Action   Signature Sheet             Audited Financial Statements




                                                                                                   225




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Page 226
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                                                                   PT FIRST MEDIA Tbk                            PT FIRST MEDIA Tbk
                                                                   DAN ENTITAS ANAK                               AND SUBSIDIARIES

                                                                   Laporan Keuangan Konsolidasian           Consolidated Financial Statements
                                                                   Untuk Tahun–tahun yang Berakhir                       For the Years Ended
                                                                   Pada Tanggal 31 Desember 2025 dan 2024        December 31, 2025 and 2024
Page 227
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES



                                                                                                                  227
Daftar Isi                                       Halaman/                                   Table of Contents
                                                  Pages




                                                                                                                   PT First Media Tbk | Annual Report & Sustainability Report 2025
Surat Pernyataan Direksi                                                          Directors’ Statement Letter

Laporan Auditor Independen                                                     Independent Auditors’ Report

Laporan Keuangan Konsolidasian                                            Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024

Laporan Posisi Keuangan Konsolidasian               1             Consolidated Statements of Financial Position

Laporan Laba Rugi dan Penghasilan Komprehensif      3       Consolidated Statements of Profit or Loss and Other
Lain Konsolidasian                                                                     Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian             4            Consolidated Statements of Changes in Equity

Laporan Arus Kas Konsolidasian                      5                  Consolidated Statements of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian         6           Notes to the Consolidated Financial Statements




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/PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                             CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN                                                                                   FINANCIAL POSITION
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah,                                                        (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                       Unless Otherwise Stated)


                                         Catatan/          31 Des/             31 Des/
                                          Notes            Dec 31,             Dec 31,
                                                            2025                2024

ASET                                                                                                                             ASSETS

ASET LANCAR                                                                                                          CURRENT ASSETS
Kas dan Setara Kas                        3, 23                   254,792            252,384                   Cash and Cash Equivalents
Piutang Usaha - Neto                        4                         106                426                      Trade Receivables - Net
Aset Keuangan Lancar Lainnya                5                      52,073             52,599                Other Current Financial Assets
Pajak Dibayar di Muka                     11.a                     13,273             12,895                                Prepaid Taxes
Biaya Dibayar di Muka                                                   9                 10                            Prepaid Expenses
Jumlah Aset Lancar                                                320,253            318,314                          Total Current Assets

ASET TIDAK LANCAR                                                                                             NON-CURRENT ASSETS
Aset Keuangan Tidak Lancar Lainnya        9, 23                  4,657,306         1,390,737          Other Non-Current Financial Assets
Investasi pada Entitas Asosiasi             6                            --                --                  Investment in Associates
Aset Tetap                                  7                            --                --                   Property and Equipment
Uang Muka                                                              271               271                                  Advances
Aset Tidak Lancar Lainnya                   8                      462,319           462,319                  Other Non-Current Assets
Jumlah Aset Tidak Lancar                                         5,119,896         1,853,327                   Total Non-Current Assets
JUMLAH ASET                                                      5,440,149         2,171,641                           TOTAL ASSETS



                                                         Disetujui Oleh/
                                                         Approved by:



                        Presiden Direktur/                                                      Direktur/
                        President Director                                                      Director




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                     consolidated financial statements as a whole

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                             CONSOLIDATED STATEMENTS OF
KONSOLIDASIAN (Lanjutan)                                                             FINANCIAL POSITION (Continued)
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah,                                                        (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                       Unless Otherwise Stated)


                                            Catatan/        31 Des/             31 Des/
                                             Notes          Dec 31,             Dec 31,
                                                             2025                2024

LIABILITAS DAN EKUITAS                                                                                          LIABILITIES AND EQUITY

LIABILITAS                                                                                                                    LIABILITIES
LIABILITAS JANGKA PENDEK                                                                                          CURRENT LIABILITIES
Utang Usaha                                   10                                                                           Trade Payables
   Pihak Ketiga                                                  1,381,241           1,371,451                             Third Parties
   Pihak Berelasi                              23                    6,099               5,992                           Related Parties
Beban Akrual                                   13                   27,272              27,289                          Accrued Expenses
Utang Pajak                                   11.b                      15                  67                              Taxes Payable
Liabilitas Keuangan Jangka Pendek Lainnya      12                   12,309              12,309            Other Current Financial Liabilities
Liabilitas Jangka Pendek Lainnya               14                      473               1,734                     Other Current Liabilities
Jumlah Liabilitas Jangka Pendek                                  1,427,409           1,418,842                      Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                                    NON-CURRENT LIABILITIES
Liabilitas Pajak Tangguhan                    11.e                  14,330              14,330                     Deferred Tax Liabilities
Liabilitas Jangka Panjang Lainnya                                      258                   --               Other Non-Current Liabilities
Jumlah Liabilitas Jangka Panjang Lainnya                            14,588              14,330                Total Non-Current Liabilities
JUMLAH LIABILITAS                                                1,441,997           1,433,172                       TOTAL LIABILITIES

EKUITAS                                                                                                                             EQUITY

Ekuitas yang Dapat Diatribusikan                                                                            Equity Attributable to Equity
  kepada Pemilik Entitas Induk                                                                                 Owners of Parent Entity
  Modal Saham - Nilai Nominal                                                                               Share Capital - Par Value of
     Rp500 per Saham                                                                                                 Rp500 per Share
     Modal Dasar - 6.967.587.600 saham                                                            Authorized - 6,967,587,600 shares
     Modal Ditempatkan dan Disetor                                                                             Issued and Fully Paid -
        Penuh - 1.742.167.907 saham           15                   871,084             871,084               1,742,167,907 shares
  Tambahan Modal Disetor - Neto               16                    (8,203)             (8,203)           Additional Paid-in Capital - Net
  Komponen Ekuitas Lainnya                                         143,976             143,976                Other Equity Components
  Penghasilan Komprehensif Lain                                  4,588,812           1,323,552            Other Comprehensive Income
  Defisit                                                        (717,649)           (716,608)                                     Deficit
  Jumlah Ekuitas yang Dapat                                                                                                  Total Equity
     Diatribusikan kepada:                                                                                             Attributable to:
        Pemilik Entitas Induk                                    4,878,020           1,613,801             Owners of Parent Entity
        Kepentingan Non-Pengendali                               (879,868)           (875,332)            Non-Controlling Interests
JUMLAH EKUITAS                                                   3,998,152             738,469                              TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS                                    5,440,149           2,171,641         TOTAL LIABILITIES AND EQUITY




                                                         Disetujui Oleh/
                                                         Approved by:



                        Presiden Direktur/                                                    Direktur/
                        President Director                                                    Director




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                     consolidated financial statements as a whole

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                             PT FIRST MEDIA Tbk AND SUBSIDIARIES
LAPORAN LABA RUGI DAN                                                                    CONSOLIDATED STATEMENTS
PENGHASILAN KOMPREHENSIF LAIN                                                                 OF PROFIT OR LOSS AND
KONSOLIDASIAN                                                                         OTHER COMPREHENSIVE INCOME
Untuk Tahun-tahun yang Berakhir pada                                                                 For the Years Ended
Tanggal 31 Desember 2025 dan 2024                                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah,                                                          (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                         Unless Otherwise Stated)

                                               Catatan/     31 Des/               31 Des/
                                                Notes       Dec 31,               Dec 31,
                                                             2025                  2024

Pendapatan                                      17, 23                 1,694              28,572                                      Revenues
Beban Layanan                                     18                   (640)            (19,126)                                Cost of Services
LABA BRUTO                                                             1,054               9,446                                GROSS PROFIT

Beban Penjualan                                   19                     --              (3,268)                               Selling Expenses
Beban Umum dan Administrasi                     20, 23            (20,481)              (17,329)           General and Administrative Expenses
Beban Penyusutan dan Amortisasi                                          --              (2,010)         Depreciation and Amortization Expenses
Kerugian Selisih Kurs - Neto                                      (10,998)              (13,263)                Loss on Foreign Exchange - Net
Lain-lain - Neto                                     22             13,592                73,546                                     Others - Net

LABA (RUGI) USAHA                                                 (16,833)                  47,122                 OPERATING PROFIT (LOSS)

Beban Keuangan                                                           (27)                  (52)                          Finance Costs
Penghasilan Keuangan                                 21               11,283                10,945                         Finance Income
LABA (RUGI) SEBELUM PAJAK                                             (5,577)               58,015      PROFIT (LOSS) BEFORE INCOME TAX

Beban Pajak Penghasilan                          11.c                      --                    --                     Income Tax Expenses
LABA (RUGI) TAHUN BERJALAN                                            (5,577)               58,015             PROFIT (LOSS) FOR THE YEAR

PENGHASILAN KOMPREHENSIF LAIN                                                                               OTHER COMPREHENSIVE INCOME
Pos - Pos yang Tidak akan Direklasifikasi                                                                 Items that will Not be Reclassified to
  Ke Laba Rugi                                                                                                                 Profit or Loss
  Kenaikan Nilai Wajar atas                                                                                          Increase in Fair Value on
     Aset Keuangan                                   9           3,265,260             1,259,245                            Financial Asset
Jumlah Penghasilan Komperehensif Lain                            3,265,260             1,259,245             Total Other Comprehensive Income
JUMLAH LABA KOMPREHENSIF                                                                                    TOTAL COMPREHENSIVE INCOME
  TAHUN BERJALAN                                                 3,259,683             1,317,260                             FOR THE YEAR

Laba (Rugi) Tahun Berjalan yang Dapat                                                                                  Profit (Loss) For the Year
  Diatribusikan kepada:                                                                                                         Attributable to:
     Pemilik Entitas Induk                                            (1,041)               63,496       Equity Holders of the Parent Entity
     Kepentingan Non-Pengendali                                       (4,536)               (5,481)               Non-Controlling Interests
Jumlah                                                                (5,577)               58,015                                           Total
Laba (Rugi) Komprehensif Tahun Berjalan yang Dapat                                                    Comprehensive Income (Loss) For the Year
  Diatribusikan Kepada:                                                                                                       Attributable To:
     Pemilik Entitas Induk                                       3,264,219             1,322,741        Equity Holders of the Parent Entity
     Kepentingan Non-Pengendali                                     (4,536)               (5,481)                Non-Controlling Interests
Jumlah                                                           3,259,683             1,317,260                                            Total

LABA (RUGI) PER SAHAM DASAR                                                                                BASIC PROFIT (LOSS) PER SHARE
  (Dalam Rupiah Penuh)                               31                   (1)                   36                         (in Full Rupiah)


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                        Presiden Direktur/                                                        Direktur/
                        President Director                                                        Director




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                  The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                       consolidated financial statements as a whole

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                                                                                                                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                       CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-tahun yang Berakhir Pada Tanggal                                                                                                                                                                                         For the Years Ended
31 Desember 2025 dan 2024                                                                                                                                                                                                   December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah, Kecuali Dinyatakan Lain)                                                                                                                                      (Expressed in Millions of Rupiah, Unless Otherwise Stated)


                                                                                                                                                        Penghasilan
                                                                                                                                                     Komprehensif Lain/
                                                                            Tambahan Modal Disetor - Neto/                                          Other Comprehensive               Saldo Laba/
                                                                            Additional Paid-in Capital - Net                                               Income                  Retained Earnings                    Jumlah
                                                                                      Selisih Nilai                                                                                                                  Ekuitas yang
                                                                                       Transaksi                                                                                                                         Dapat
                                                                                    Restrukturisasi         Tambahan                                                                                                 Diatribusikan
                                                                                         Entitas          Modal Disetor                                                                                             Kepada Pemilik
                                                                                     Sepengendali/             atas                Komponen                                                                          Entitas Induk/
                                                                                  Difference in Value Pengampunan                   Ekuitas                                                                               Total
                                                                 Agio Saham from Restructuring                Pajak/                Lainnya/                                  Yang Telah     Yang Belum                  Equity         Kepentingan      Jumlah Ekuitas
                                                                    - Neto/        Transactions of        Paid-in Capital            Other                                    Ditentukan     Ditentukan               Attributable     Non-Pengendali/ (Defisiensi Modal)/
                                Catatan/   Modal Saham/         Share Premium       Entities Under             from                  Equity           Aset Keuangan/        Penggunaannya/ Penggunaannya/            to Owners of      Non-Controlling    Total Equity
                                 Notes     Share Capital             - Net         Common Control          Tax Amnesty            Components          Financial Assets       Appropriated  Unappropriated            Parent Entity         Interest    (Capital Deficiency)

SALDO PER                                                                                                                                                                                                                                                                               BALANCE AS OF
  1 JANUARI 2024                                  871,084                 (3,629)             (49,219)               5,125              143,988                   64,307               100             (748,284)            283,472           (869,851)           (586,379)           JANUARY 1, 2024
Pelepasan Saham                                                                                                                                                                                                                                                                          Share Disposal of
  Entitas Anak                    1.c                      --                  --              39,520                       --             (12)                        --                --             (31,920)              7,588                  --               7,588                 Subsidiaries
Laba Tahun Berjalan                                        --                  --                   --                      --               --                        --                --               63,496             63,496             (5,481)              58,015              Profit for the Year
Penghasilan Komprehensif Lain                              --                  --                   --                      --               --                1,259,245                 --                    --         1,259,245                  --           1,259,245    Other Comprehensive Income

SALDO PER                                                                                                                                                                                                                                                                              BALANCE AS OF
  31 DESEMBER 2024                                871,084                 (3,629)              (9,699)               5,125              143,976                1,323,552               100             (716,708)          1,613,801           (875,332)            738,469         DECEMBER 31, 2024

Rugi Tahun Berjalan                                        --                  --                   --                      --                 --                      --                --              (1,041)             (1,041)            (4,536)              (5,577)              Loss for the Year
Penghasilan Komprehensif Lain                              --                  --                   --                      --                 --              3,265,260                 --                   --          3,265,260                  --           3,265,260    Other Comprehensive Income

SALDO PER                                                                                                                                                                                                                                                                              BALANCE AS OF
  31 DESEMBER 2025                                871,084                 (3,629)              (9,699)               5,125              143,976                4,588,812               100             (717,749)          4,878,020           (879,868)           3,998,152        DECEMBER 31, 2025


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                                                                                    Presiden Direktur/                                                                                          Direktur/
                                                                                    President Director                                                                                          Director
Catatan terlampir merupakan bagian yang tidak terpisahkan dari                                                                                                                                                                 The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                                                                                                                                                                      consolidated financial statements as a whole



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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS                                                                                         CONSOLIDATED
KONSOLIDASIAN                                                                             STATEMENT OF CASH FLOWS
Untuk Tahun-tahun yang Berakhir Pada                                                                  For the Years Ended
Tanggal 31 Desember 2025 dan 2024                                                             Desember 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah,                                                           (Expressed in Millions of Rupiah,
Kecuali Dinyatakan Lain)                                                                          Unless Otherwise Stated)

                                                            31 Des/                31 Des/
                                           Catatan/         Dec 31,                Dec 31,
                                            Notes            2025                   2024

ARUS KAS DARI AKTIVITAS OPERASI                                                                         CASH FLOWS FROM OPERATING ACTIVITIES
  Penerimaan Kas dari Pelanggan                                         908                  46,942              Cash Received from Subscribers
  Pembayaran Kas kepada Pemasok                                                                                             Payment to Suppliers
    dan Pihak Ketiga Lainnya                                      (14,905)               (75,779)                      and Other Third Parties
  Pembayaran untuk Beban Usaha                                     (5,898)                (4,998)                Payment for Operating Expenses
  Pembayaran kepada Karyawan                                       (3,839)               (13,081)                         Payment to Employees
  Pembayaran Bunga                                                    (27)                   (52)                                   Interest Paid
  Arus Kas Neto Digunakan untuk                                                                                         Net Cash Flows Used in
    Aktivitas Operasi                                             (23,761)               (46,968)                        Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                                        CASH FLOWS FROM INVESTING ACTIVITIES
  Penjualan Investasi                                               90,405                   19,210                                Sale of Investment
  Penerimaan Bunga                                                  11,265                    9,747                                 Interest Received
  Penerimaan Dividen                                                10,376                   16,140                                Dividend Receipts
  Penerimaan Investasi                                               3,913                    5,382                              Investment Receipts
  Penambahan Investasi                                            (90,217)                    (500)                             Additional Investment
  Pembelian Aset Tetap                                                   --                      (6)          Acquisition of Property and Equipment
  Arus Kas Neto Diperoleh dari                                                                                        Net Cash Flows Provided by
    Aktivitas Investasi                                               25,742                 49,973                           Investing Activities

KENAIKAN NETO KAS DAN                                                                                                      NET INCREASE IN CASH
  SETARA KAS                                                           1,981                  3,005                     AND CASH EQUIVALENTS

SALDO KAS DAN SETARA KAS PADA                                                                                   CASH AND CASH EQUIVALENTS AT
  AWAL TAHUN                                  3                   252,384                253,066                  THE BEGINNING OF THE YEAR

Efek Kas dan Setara Kas atas                                                                                  Effect in Cash and Cash Equivalents of
  Entitas Anak yang Tidak Dikonsolidasi                                     --               (4,189)                   Deconsolidated Subsidiaries

Dampak Perubahan Selisih Kurs                                                                             Effects of Foreign Exchange Rate Changes
  Terhadap Kas dan Setara Kas                                           427                     502                 on Cash and Cash Equivalents

SALDO KAS DAN SETARA KAS                                                                                         CASH AND CASH EQUIVALENTS AT
  PADA AKHIR TAHUN                            3                   254,792                252,384                        THE END OF THE YEAR




                                                         Disetujui Oleh/
                                                         Approved by:



                         Presiden Direktur/                                                            Direktur/
                         President Director                                                            Director




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                    The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                         consolidated financial statements as a whole

                                                                        5
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Page 241
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                        FINANCIAL STATEMENTS
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                             (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                  Foreign Currencies, Unless Otherwise Stated)

1. Umum                                                                                              1. General
1.a. Pendirian Perusahaan                                   1.a. The Company’s Establishment
     PT First Media Tbk (“Perusahaan”) didirikan                 PT First Media Tbk (“the Company”) was
     pada tanggal 6 Januari 1994 berdasarkan Akta                established on January 6, 1994, based on
     Notaris Siti Safariyah, S.H., No. 37 dengan nama            Notarial Deed No. 37 of Siti Safariyah, S.H.,
     PT Safira Ananda. Akta pendirian ini telah                  under the name of PT Safira Ananda. The
     disahkan oleh Menteri Kehakiman dalam Surat                 deed of establishment was approved by the
     Keputusan No. C2-1.446.HT.01.01.Th.95 tanggal               Minister of Justice in his Decree No. C2-
     1 Februari 1995 dan telah diumumkan dalam                   1.446.HT.01.01.Th.95 dated February 1, 1995
     Berita Negara No. 81 Tambahan No. 6613                      and was published in the State Gazette No. 81
     tanggal 8 Oktober 1999. Anggaran dasar                      Supplement No. 6613 dated October 8, 1999.
     Perusahaan       telah    mengalami     beberapa            The Company’s articles of association has
     perubahan, terakhir Perusahaan melakukan                    been amended several times, the latest by
     perubahan Akta yang dibuat dihadapan Notaris                Notarial Deed No. 15 dated June 25, 2021
     Andalia Farida, S.H., M.H., No. 15, tanggal                 made in presence Notary Andalia Farida, S.H.,
     25 Juni 2021 yang mana perubahan tersebut                   M.H., which has been approved by Minister of
     telah memperoleh persetujuan dari Menteri                   Law and Human Right under its Decree
     Hukum dan Hak Asasi Manusia berdasarkan                     No. AHU-AH.01.03-0430925 dated July 23,
     Keputusan No. AHU-AH.01.03-0430925 tanggal                  2021.
     23 Juli 2021.
    Sesuai dengan Pasal 3 anggaran dasar                       Based on Article 3 of the Company’s articles of
    Perusahaan, ruang lingkup kegiatan usaha                   association, the scope of the Company’s
    Perusahaan         adalah      dalam        bidang         business activities covers the field of
    telekomunikasi, baik melalui kabel, tanpa kabel,           telecommunications, whether through cable,
    maupun satelit, serta penyediaan konten; baik              wireless, or satellite, as well as the provision of
    konten video dan program siaran televisi dan               content; including video content and television
    radio, maupun konten melalui jaringan bergerak             and radio broadcast programs, as well as
    seluler dan/atau jaringan tetap lokal tanpa kabel.         content delivered through mobile networks
                                                               and/or fixed wireless local networks.
    Entitas induk terakhir Perusahaan dan entitas              The ultimate parent of the Company and
    anak adalah PT Inti Anugerah Pratama yang                  subsidiaries is PT Inti Anugerah Pratama which
    dimiliki oleh Keluarga Riady.                              is owned by Riady’s Family.
    Perusahaan berdomisili di Lippo Kuningan                   The Company is domiciled at Lippo Kuningan
    Lantai 17, Jl. H.R. Rasuna Said Kav. B-12,                 17th Floor, Jl. H.R. Rasuna Said Kav. B-12,
    Jakarta.   Perusahaan     memulai     kegiatan             Jakarta. The Company started its commercial
    komersialnya pada tanggal 1 Maret 1999.                    operations on March 1, 1999.
    Berdasarkan     Surat     Keputusan     Menteri            Based on the Decree of the Ministry
    Komunikasi dan Informatika (Menkominfo)                    of     Communication      and     Information
    Republik Indonesia No. 237/KEP/M.KOMINFO                   (Menkominfo) of the Republic of Indonesia
    /07/2009 tanggal 27 Juli 2009, Perusahaan telah            No.237/KEP/M.KOMINFO/07/2009            dated
    ditetapkan       sebagai        salah      satu            July 27, 2009, the Company has been
    pemenang seleksi untuk memperoleh izin                     appointed as one of the selection winners to
    penyelenggaraan Jaringan Tetap Lokal Berbasis              obtain implementation license of Fixed Local
    Packet Switched yang menggunakan Pita                      Packet Switched Based Network using 2.3
    Frekuensi Radio 2,3 GHz untuk keperluan                    GHz Radio Frequency Band for Wireless
    layanan    Pita   Lebar    Nirkabel   (Wireless            Broadband services in Zone 1 (Northern part of
    Broadband) di Zona 1 (wilayah Sumatera Bagian              Sumatera area) and Zone 4 (Banten, Jakarta,
    Utara) dan Zona 4 (wilayah Banten, Jakarta,                Bogor, Depok, Tangerang and Bekasi
    Bogor, Depok, Tangerang dan Bekasi).                       area). Furthermore, the Company has obtained
    Selanjutnya, Perusahaan telah memperoleh                   the operational license of Fixed Local
    izin penyelenggaraan Jaringan Tetap Lokal                  Packet Switched based network No. 119
    Berbasis Packet Switched No. 119 tanggal                   dated January 11, 2017 (Operational License).
    11 Januari 2017 (Izin Penyelenggaraan).                    In connection with the issuance of such


                                          Pesetujuan unt6                                     Paraf/ Sign:
Page 242
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

   Dengan ditetapkannya Izin Penyelenggaraan                   Operational License, the previous Operational
   tersebut     maka      Izin Penyelenggaraan                 License owned by the Company under
   jaringan yang sebelumnya dimiliki oleh                      the Decree of Minister of Informatics
   Perusahaan sebagaimana tercantum dalam                      and     Telecomunication    of  Republic     of
   Keputusan Menteri Komunikasi dan Informatika                Indonesia No.420/KEP/M.KOMINFO/11/2009
   No.420/KEP/M.KOMINFO/11/2009         tanggal                dated November 6, 2009 as amended by
   6 November 2009 sebagaimana telah diubah                    Decree of Minister of Informatics and
   dengan Keputusan Menteri Komunikasi dan                     Telecommunication of Republic of Indonesia
   Informatika Republik Indonesia No.179/KEP                   No.179/KEP/M.KOMINFO/04/2012             dated
   /M.KOMINFO/04/2012 tanggal 2 April 2012                     April 2, 2012 regarding implementation license
   tentang Izin Penyelenggaraan Jaringan Tetap                 of the Fixed Local Packet Switched based
   Lokal Berbasis Packet Switched dicabut dan                  network was revoked and declared invalid.
   dinyatakan tidak berlaku.

   Pada tanggal 28 Desember 2018, Perusahaan                   On December 28, 2018, the Company and
   dan PT Internux, entitas anak, menerima                     PT Internux, a subsidiary, have received
   Keputusan Menteri Komunikasi dan Informatika                Decree of Minister of Communication and
   No. 1011 tahun 2018 dan menghentikan                        Informatics No. 1011 year 2018 and ceased
   penggunaan    pita   frekuensi radio    untuk               the utilization of the radio frequency band for
   Penyelenggaraan Jaringan Tetap Lokal Berbasis               Implementation of Local Fixed Network Packet
   Packet Switched yang Menggunakan Pita                       Switched using 2.3 GHz Radio Frequency
   Frekuensi Radio 2,3 GHz untuk Keperluan                     Band for Wireless Broadband.
   Layanan Pita Lebar Nirkabel (Wireless
   Broadband).

   Pada tanggal 23 April 2024, PT Internux, entitas            On April 23, 2024, PT Internux, a subsidiary,
   anak, menerima Keputusan Menteri Komunikasi                 received the Decision of the Minister
   dan    Informatika     No.  18/TEL.02.04/2024               of     Communication      and     Informatics
   menetapkan       pencabutan     tentang      izin           No. 18/TEL.02.04/2024, which stipulates the
   penyelenggaraan akses internet (Internet Service            revocation of the internet access service
   Provider) PT Internux.                                      provider license (Internet Service Provider)
                                                               of PT Internux.

1.b.Penawaran Umum Saham Perusahaan                        1.b.The Company’s Public Offering
    Pernyataan Pendaftaran Perusahaan untuk                    The Company’s Registration Statement to offer
    menawarkan 20.000.000 sahamnya kepada                      its 20,000,000 shares to the public at the price
    masyarakat dengan harga pelaksanaan Rp500                  of Rp500 per share was declared effectively
    per saham dinyatakan efektif oleh Badan                    by the Capital Market Supervisory Agency in its
    Pengawas Pasar Modal dalam suratnya                        letter S-73/PM/2000 on January 27, 2000.
    No. S-73/PM/2000 tanggal 27 Januari 2000.                  The Company's shares were listed at the
    Saham Perusahaan telah tercatat di Bursa Efek              Surabaya Stock Exchange on February 25,
    Surabaya pada tanggal 25 Februari 2000.                    2000.

   Pada tahun 2006, Perusahaan melakukan                       In 2006, the Company conducted Limited
   Penawaran Umum Terbatas I kepada para                       Public Offering in connection with Pre-Emptive
   pemegang saham dalam rangka penerbitan Hak                  Rights Issuance I of 441,674,000 new shares
   Memesan Efek Terlebih Dahulu (HMETD)                        (with par value Rp500 per share) at an offering
   sejumlah 441.674.000 saham baru (dengan nilai               price of Rp500 per share and a maximum
   nominal Rp500 per saham) dengan harga                       of 129,904,118. Warrant Serie I was issued
   penawaran      Rp500     per     saham      dan             attached to the new shares which given freely
   sebanyak-banyaknya 129.904.118. Waran Seri I                as incentive for the Shareholders of the
   yang diterbitkan menyertai saham baru yang                  Company and/or Pre-emptive Rights holders
   diberikan secara cuma-cuma sebagai insentif                 who exercise their rights. The offering received
   bagi Pemegang Saham Perusahaan dan/atau                     an effective notification statement based on
   pemegang HMETD yang melaksanakan HMETD.                     the Letter from the Chairman of Capital Market
   Penawaran       tersebut    telah    mendapat               and Financial Institution Supervisory Agency
   pemberitahuan        pernyataan      efektifnya             No. S-3415/BL/2006 dated December 28,

                                         Pesetujuan unt7                                    Paraf/ Sign:
Page 243
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                Foreign Currencies, Unless Otherwise Stated)

   berdasarkan Surat Ketua Badan Pengawas                                     2006, and became effective after obtaining an
   Pasar    Modal  dan     Lembaga   Keuangan                                 approval from the Company’s General Meeting
   No.S-3415/BL/2006 tanggal 28 Desember 2006,                                of Shareholders dated December 29, 2006.
   dan    menjadi  efektif   setelah mendapat
   persetujuan dari Rapat Umum Pemegang
   Saham Perusahaan tanggal 29 Desember 2006.
   Pada tahun 2010, Perusahaan melakukan                                      In 2010, the Company conducted Limited
   Penawaran Umum Terbatas II kepada para                                     Public Offering in connection with Pre-Emptive
   pemegang saham dalam rangka penerbitan Hak                                 Rights Issuance II of 912,421,400 new shares
   Memesan Efek Terlebih Dahulu (HMETD)                                       (with par value Rp500 per share) at an offering
   sejumlah 912.421.400 saham baru (dengan nilai                              price of Rp500 per share and a total of
   nominal Rp500 per saham) dengan harga                                      130,345,914 Warant Serie II was issued
   penawaran Rp500 per saham dan sejumlah                                     attached to the new shares which was given
   130.345.914 Waran Seri II yang diterbitkan                                 freely as incentive for the new Shareholders of
   menyertai saham baru yang diberikan secara                                 the Company and/or Pre-emptive Rights
   cuma-cuma sebagai insentif bagi Pemegang                                   holders who exercised their rights. The offering
   Saham Perusahaan dan/atau pemegang HMETD                                   received an effective statement based on the
   yang melaksanakan HMETD. Penawaran                                         letter from the Chairman of Capital Market and
   tersebut telah mendapat pernyataan efektif                                 Financial Institution Supervisory Agency No. S-
   berdasarkan Surat Ketua Badan Pengawas                                     3383/BL/2010 and became effective upon
   Pasar Modal dan Lembaga Keuangan No. S-                                    approval from the General Meeting of
   3383/BL/2010 dan menjadi efektif setelah                                   Shareholders on April 19, 2010.
   mendapat persetujuan dari Rapat Umum
   Pemegang Saham Perusahaan tanggal 19 April
   2010.
   Seluruh saham Perusahaan                    telah      tercatat            All of the Company's shares are listed on the
   di Bursa Efek Indonesia.                                                   Indonesian Stock Exchange.
1.c.Struktur Entitas Anak                                               1.c.The Structure of Subsidiaries
    Perusahaan memiliki pengendalian atas entitas                           The Company has control over the subsidiaries
    anak yang dimiliki secara langsung dan tidak                            which owned directly and indirectly which have
    langsung yang memiliki jumlah aset diatas                               the above total assets Rp10,000 are as follows:
    Rp10.000 sebagai berikut:
      Entitas Anak/       Domisili/    Bidang Usaha/            Persentase Pemilikan/       Tahun Operasi           Jumlah Aset/
      Subsidiaries        Domicile      Operations             Percentage of Ownership        Komersial/            Total Assets
                                                                                         Start of Commercial
                                                                                             Operations
                                                              31 Des/         31 Des/                          31 Des/        31 Des/
                                                              Dec 31,         Dec 31,                          Dec 31,        Dec 31,
                                                               2025            2024                             2025           2024
    PT Bintang             Jakarta     Telekomunikasi/        100.00          100.00      Belum Beroperasi/        56,147          56,136
    Merah Perkasa                     Telecommunication                                    Non Operating
    Abadi (BMPA)

    PT Graha               Jakarta      Perdagangan/          100.00          100.00      Belum Beroperasi/        19,398          19,018
    Investama                             Trading                                          Non Operating
    Andalan Terpadu
    (GIAT)
    Dimiliki oleh DSM
    Sebesar 99,88%/
    Owned by DSM
    Amounting to 99.88%

    PT Mitra               Jakarta      Perdagangan/           99.90           99.90      Belum Beroperasi/        22,233          24,288
    Mandiri Mantap                        Trading                                          Non Operating
    (MMM)




                                                    Pesetujuan unt8                                            Paraf/ Sign:
Page 244
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                             For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                             (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                  Foreign Currencies, Unless Otherwise Stated)

      Entitas Anak/       Domisili/       Bidang Usaha/           Persentase Pemilikan/       Tahun Operasi              Jumlah Aset/
      Subsidiaries        Domicile         Operations            Percentage of Ownership        Komersial/               Total Assets
                                                                                           Start of Commercial
                                                                                               Operations
                                                                31 Des/         31 Des/                          31 Des/           31 Des/
                                                                Dec 31,         Dec 31,                          Dec 31,           Dec 31,
                                                                 2025            2024                             2025              2024
    PT Prima               Jakarta        Perdagangan/           100.00         100.00            2013              102,539             102,577
    Wira Utama                              Trading
    (PWU)
    Dimiliki oleh BMPA
    Sebesar 99,99%
    Owned by BMPA
    Amounting to 99.99%

    PT Daya                Jakarta     Jasa E-Commerce /         100.00         100.00            2013                  73,562               73,387
    Sarana Mantap                     E-Commerce Services
    (DSM)
    PT First Media         Jakarta        Perfilman dan            --              --             2009             --                   --
    Production                          Perekaman Video/
    (FMP)*)                              Film and Video
                                            Recording
    PT First Media         Jakarta        Perfilman dan            --              --             2010             --                   --
    News (FMN)**)                       Perekaman Video/
                                         Film and Video
                                            Recording
    PT Koran Media         Jakarta    Penerbitan Surat Kabar/      --              --             2001             --                   --
    Investor Indonesia                Newspaper Publishing
    (KMII)***)
    Dimiliki oleh FMP
    Sebesar 99,99%/
    Owned by FMP
    Amounting to 99.99%


    *) PT First Media Production tidak lagi                                      *) PT First Media Production is no longer
    dikonsolidasi sejak 6 Desember 2024.                                         consolidated since December 6, 2024.
    **) PT First Media News tidak lagi dikonsolidasi                             **) PT First Media News is no longer
    sejak 6 Desember 2024.                                                       consolidated since December 6, 2024.
    ***) PT Koran Media Investor Indonesia tidak                                 ***) PT Koran Media Investor Indonesia is no
    lagi dikonsolidasi sejak 6 Desember 2024.                                    longer consolidated since December 6, 2024.

    FMP                                                                          FMP
    Berdasarkan Akta Notaris No. 17 tanggal                                      Based on Notarial Deed No. 17 dated
    6 Desember 2024, oleh Sriwi Bawana                                           December 6, 2024, by Sriwi Bawana
    Nawaksari, S.H., M.Kn, Notaris di Kabupaten                                  Nawaksari, S.H., M.Kn. a Notary in Tangerang
    Tangerang, para pemegang saham Perusahaan                                    Regency,      the   Company’s      shareholders
    menyetujui penjualan saham FMP, entitas anak,                                approved the sale of FMP shares, a subsidiary,
    kepada PT Bersatu Universe Digital Indonesia                                 to PT Bersau Universe Digital Indonesia
    sebesar 242.156.121 lembar senilai Rp6.538.                                  totaling 242,156,121 shares amounting to
    Akta ini telah disetukui oleh Menteri Hukum dan                              Rp6,538. The Deed was approved by the
    Hak Asasi Manusia Republik Indonesia dengan                                  Minister of Law and Human Rights of the
    No.        AHU-AH-01.09-0290460          tanggal                             Republic of Indonesia with No. AHU-AH.01.09-
    19 Desember 2024. Atas transaksi penjualan                                   0290460 dated December 19, 2024. As a
    tersebut, Perusahaan mencatat kerugian dari                                  result of this share transaction, the Company
    penjualan saham PT FMP sebesar Rp10.453.                                     recognized a loss amounting to Rp10,453 on
                                                                                 the divestment of PT FMP shares.

    FMN                                                                          FMN
    Berdasarkan Akta Notaris No. 15 tanggal                                      Based on Notarial Deed No. 15 dated
    6 Desember 2024, oleh Sriwi Bawana                                           December 6, 2024, by Sriwi Bawana
    Nawaksari, S.H., M.Kn, Notaris di Kabupaten                                  Nawaksari, S.H., M.Kn. a Notary in Tangerang
    Tangerang, para pemegang saham Perusahaan                                    Regency,    the    Company’s     shareholders
    menyetujui penjualan saham FMN, entitas anak,                                approved the sale of FMN shares, a subsidiary,
    kepada PT Bersatu Universe Digital Indonesia                                 to PT Bersau Universe Digital Indonesia

                                                         Pesetujuan unt9                                         Paraf/ Sign:
Page 245
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

    sebesar 313.693.000 lembar senilai Rp8.500.            totaling 313,693,000 shares amounting to
    Atas transaksi penjualan tersebut, Perusahaan          Rp8,500. As a result of this share transaction,
    mencatat keuntungan sebesar Rp14.069.                  the Company recognized a gain amounting to
                                                           Rp14,069 on the divestment of PT FMN
                                                           shares.

1.d. Dewan Komisaris, Direksi dan Karyawan            1.d. Board of Commissioners, Directors and
                                                            Employees
    Pada tanggal 31 Desember 2025 susunan                  As of December 31, 2025 the members of the
    anggota Dewan Komisaris dan Direksi                    Company’s Board of Commissioners and
    Perusahaan masing-masing berdasarkan Rapat             Directors based on the Annual General
    Umum Pemegang Saham Tahunan yang                       Meeting of Shareholders held on June 5, 2025,
    diselenggarakan pada tanggal 5 Juni 2025, yang         as stated in Notarial Deed No. 03 of Andalia
    diaktakan dalam Akta Notaris Andalia Farida,           Farida, S.H., M.H., dated June 5, 2025, are as
    S.H., M.H., No. 03 tanggal 5 Juni 2025 adalah          follows:
    sebagai berikut:

    Dewan Komisaris                                                            Board of Commissioners
    Presiden Komisaris Independen       Ganesh Chander Grover        Independent President Commissioner
    Komisaris Independen                  Widjaya Hambali                     Independent Commissioner

    Direksi                                                                                    Directors
    Presiden Direktur                       Harianda Noerlan                            President Director
    Direktur                                 Johannes Tong                                        Director
    Direktur                                Rusbianto Wijaya                                      Director

    Pada tanggal 31 Desember 2024 susunan                  As of December 31, 2024 the members of the
    anggota Dewan Komisaris dan Direksi                    Company’s Board of Commissioners and
    Perusahaan masing-masing berdasarkan Rapat             Directors based on the Annual General
    Umum Pemegang Saham Tahunan yang                       Meeting of Shareholders held on May 29,
    diselenggarakan pada tanggal 29 Mei 2024,              2024, as stated in Notarial Deed No. 9 of
    yang diaktakan dalam Akta Notaris Andalia              Andalia Farida, S.H., M.H., dated May 29,
    Farida, S.H., M.H., No. 9 tanggal 29 Mei 2024          2024, are as follows:
    adalah sebagai berikut:

    Dewan Komisaris                                                            Board of Commissioners
    Presiden Komisaris Independen          Teguh Pudjowigoro *)      Independent President Commissioner
    Komisaris Independen                     Widjaya Hambali                  Independent Commissioner

    Direksi                                                                                    Directors
    Presiden Direktur                       Harianda Noerlan                            President Director
    Direktur                                 Johannes Tong                                        Director
    Direktur                                Rusbianto Wijaya                                      Director

    *) Telah meninggal      dunia   pada    tanggal        *) Passed away on December 30, 2024
    30 Desember 2024

    Pada tanggal 31 Desember 2025 dan 2024,                As of December 31, 2025 and 2024, the
    susunan komite audit adalah sebagai berikut:           composition of the audit committee are as
                                                           follows:

    Ketua                                  Widjaya Hambali                                       Chairman
    Anggota                             Ricky Harjanto Gunardi                                    Member
    Anggota                             Lewi Sasmita Kosasih                                      Member




                                       Pesetujuan unt10                                Paraf/ Sign:
Page 246
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

     Pada tanggal 31 Desember 2025 dan 2024,                As of December 31, 2025 and 2024, the
     corporate  secretary Perusahaan  adalah                Company’s corporate secretary is Harianda
     Harianda Noerlan.                                      Noerlan.

     Perusahaan dan Entitas Anak (selanjutnya               The Company and its Subsidiaries (hereinafter
     disebut Grup), pada tanggal 31 Desember 2025           referred as the Group), as of December 31,
     dan 2024 mempunyai masing-masing 2                     2025 and 2024, have 2 permanent employees,
     karyawan tetap (tidak diaudit).                        respectively (unaudited).


2.   Informasi Kebijakan Akuntansi Material                 2. Material Accounting Policies Information

2.a. Kepatuhan terhadap Standar Akuntansi              2.a. Compliance to the Financial Accounting
     Keuangan (SAK)                                         Standards (SAK)
     Laporan keuangan konsolidasian telah disusun           The consolidated financial statements were
     dan disajikan sesuai dengan Standar Akuntansi          prepared and presented in accordance with
     Keuangan Indonesia yang meliputi Pernyataan            Indonesian Financial Accounting Standards
     Standar Akuntansi Keuangan (PSAK) dan                  which include the Statement of Financial
     Interpretasi Standar Akuntansi Keuangan (ISAK)         Accounting      Standards      (PSAK)       and
     yang diterbitkan oleh Dewan Standar Akuntansi          Interpretation    of   Financial    Accounting
     Keuangan – Ikatan Akuntan Indonesia (DSAK –            Standards (ISAK) issued by the Financial
     IAI), serta peraturan Pasar Modal yang berlaku         Accounting Standard Board – Indonesian
     antara     lain    Peraturan    Otoritas  Jasa         Institute of Accountant (DSAK – IAI), and
     Keuangan/Badan Pengawas Pasar Modal dan                regulations in the Capital Market include
     Lembaga Keuangan (OJK/Bapepam-LK) No.                  Regulations       of     Financial      Sevices
     VIII.G.7 tentang pedoman penyajian laporan             Authority/Capital Market and Supervisory
     keuangan, keputusan Ketua Bapepam-LK No.               Board        and      Financial      Institution
     KEP-347/BL/2012 tentang penyajian dan                  (OJK/Bapepam-LK) No. VIII.G.7 regarding
     pengungkapan laporan keuangan emiten atau              guidelines for the presentation of financial
     perusahaan        publik,    sepanjang    tidak        statements, decree of Chairman of Bapepam-
     bertentangan dengan suatu PSAK atau ISAK.              LK      No.    KEP-347/BL/2012        regarding
                                                            presentation and disclosure of financial
                                                            statements of the issuer or public company, to
                                                            the extend that it does not contradict with any
                                                            PSAK or ISAK.

2.b. Dasar Pengukuran dan Penyusunan Laporan           2.b. Basis of Measurement and Preparation of
     Keuangan Konsolidasian                                 Consolidated Financial Statements
     Laporan keuangan konsolidasian disusun                 The consolidated financial statements have
     berdasarkan asumsi kelangsungan usaha dan              been prepared on the going concern
     menggunakan dasar akrual kecuali untuk                 assumption and using the accrual basis except
     laporan arus kas konsolidasian. Dasar                  for the consolidated statements of cash flows.
     pengukuran laporan keuangan konsolidasian ini          The basis of measurement in the preparation
     adalah konsep biaya perolehan, kecuali                 of these consolidated financial statements is
     beberapa akun tertentu yang didasarkan                 the historical cost concept, except for certain
     pengukuran lain sebagaimana dijelaskan dalam           accounts which have been prepared on other
     kebijakan akuntansi masing-masing tersebut.            measurement basis as described in their
     Biaya perolehan umumnya didasarkan pada                respective accounting policies. Historical cost
     nilai wajar imbalan yang diserahkan dalam              is generally based on the fair value of the
     perolehan aset.                                        consideration given in exchange for assets.

     Laporan arus kas konsolidasian disajikan              The consolidated statements of cash flows are
     dengan       metode       langsung dengan             prepared     using     the      direct method
     mengelompokkan arus kas dalam aktivitas               by classifying cash flows into operating,
     operasi, investasi dan pendanaan.                     investing and financing activities.



                                        Pesetujuan unt11                                Paraf/ Sign:
Page 247
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                        FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                       (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)            Foreign Currencies, Unless Otherwise Stated)

    Mata uang penyajian yang digunakan dalam              The presentation currency used in the
    penyusunan laporan keuangan konsolidasian ini         preparation of the consolidated financial
    adalah Rupiah yang merupakan mata uang                statements is Indonesian Rupiah which is the
    fungsional Grup. Setiap entitas di dalam Grup         functional currency of the Group. Each entity in
    menetapkan mata uang fungsional sendiri dan           the Group determines its own functional
    unsur-unsur dalam laporan keuangan dari setiap        currency and items included in the financial
    entitas diukur berdasarkan mata uang fungsional       statements of each entity are measured using
    tersebut.                                             that functional currency.

    Standar Baru dan Amendemen atas Standar               New Accounting Standard and Amendment
    yang Berlaku Efektif pada Tahun Berjalan              to Standards which have been Effective in
                                                          the Current Year
    Standar baru dan amendemen atas standar               New Standard and amendment to standards
    yang berlaku efektif untuk periode yang dimulai       which effective for periods beginning on or
    pada atau setelah 1 Januari 2025, dengan              after January 1, 2025, with early adoption is
    penerapan dini diperkenankan yaitu:                   permitted, are as follows:
    • PSAK 117: Kontrak Asuransi;                         • PSAK 117: Insurance Contract;
    • Amendemen PSAK 117: Kontrak Asuransi                • Amendments         PSAK    117:   Insurance
       tentang Penerapan Awal PSAK 117 dan                    Contranct regarding Initial Application of
       PSAK 109 – Informasi Komparatif; dan                   PSAK 117 and PSAK 109 – Comparative
                                                              Information; and
    •   Amendemen      PSAK      221: Pengaruh            • Amendments          PSAK     221:    Foreign
        Perubahan Kurs Valuta Asing tentang                   Exchange Rate regarding Lack of
        Kekurangan Ketertukaran.                              Exchangeability.

    Beberapa PSAK juga diamendemen yang                   Several PSAKs were also amended which were
    merupaakn amendemen konsekuensial karena              consequential amendments due to the
    berlakunya PSAK 117: Kontrak Asuransi, yaitu:         enactment of PSAK 117: Insurance Contracts,
                                                          as follows:
    • PSAK 103: Kombinasi Bisnis;                         • PSAK 103: Business Combinations;
    • PSAK 105: Aset Tidak Lancar yang Dikuasai           • PSAK 105: Non-Current Assets Held for
      untuk Dijual dan Operasi yang Dihentikan;              Sale and Discontinued Operations;
    • PSAK       107:    Instrumen     Keuangan:          • PSAK        107:     Financial Instruments:
      Pengungkapan;                                          Disclosures;
    • PSAK 109: Instrumen Keuangan;                       • PSAK 109: Financial Instrument;
    • PSAK 115: Pendapatan dari Kontrak dengan            • PSAK 115: Income from Contracts with
      Pelanggan;                                             Customers;
    • PSAK 201: Penyajian Laporan Keuangan;               • PSAK 201: Presentation of Financial
                                                             Statements;
    • PSAK 207: Laporan Arus Kas;                         • PSAK 207: Statement of Cash Flows;
    • PSAK 216: Aset Tetap;                               • PSAK 216: Fixed Assets;
    • PSAK 219: Imbalan Kerja;                            • PSAK 219: Employee Benefits;
    • PSAK 228: Investasi pada Entitas Asosiasi           • PSAK 228: Investment in Associated
      dan Ventura Bersama;                                   Entities and Joint Ventures;
    • PSAK 232: Instrumen Keuangan Penyajian;             • PSAK        232:     Financial Instruments:
                                                             Presentation;
    • PSAK 236: Penurunan Nilai Aset;                     • PSAK 236: Impairment of Assets;
    • Psak 237: Provisi, Liabilitas Kontijensi, dan       • PSAK 237: Provision, Contigent Liabilities
      Aset Kontijensi;                                       and Contigent Assets;
    • PSAK 238: Aset Takberwujud; dan                     • PSAK 238: Intangible Assets; and
    • PSAK 240: Properti Investasi.                       • PSAK 240: Investment Property.

    Implementasi standar-standar tersebut tidak           The implementation of the above standards
    memiliki dampak yang signifikan terhadap              had no significant effect on the amounts
    jumlah yang dilaporkan di tahun berjalan atau         reported for the current year or prior financial
    tahun sebelumnya.                                     year.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

2.c. Prinsip-prinsip Konsolidasian                      2.c. Consolidation Principles
     Laporan keuangan konsolidasian mencakup                 The    consolidated    financial statements
     laporan keuangan Grup seperti disebutkan pada           incorporate the financial statements of the
     Catatan 1.c.                                            Group as described in Note 1.c.
    Entitas Anak adalah entitas yang dikendalikan           Subsidiary is an entity controlled by the Group
    oleh Grup dan dimana Grup memiliki hak atas             and where the Group has rights to variable
    imbal hasil variabel dari keterlibatannya dengan        returns from its involvement with this
    Entitas Anak dan memiliki kemampuan untuk               Subsidiary and has the ability to affect those
    mempengaruhi imbal hasil tersebut melalui               returns through its ability to direct the activities
    kemampuan untuk mengarahkan aktivitas dari              of Subsidiary. The existence and effect of
    entitas. Keberadaan dan dampak dari hak suara           substantive potential voting rights that the
    potensial dimana Grup memiliki kemampuan                Group has the practical ability to exercise (i.e.
    praktis untuk melaksanakan (yakni hak                   substantive rights) are considered when
    substantif) dipertimbangkan saat menilai apakah         assessing whether the Group controls another
    Grup mengendalikan entitas lain.                        entity.
    Laporan keuangan konsolidasian mencakup                 The consolidated financial statements include
    hasil usaha, arus kas, aset dan liabilitas dari         the results, cash flows, assets and liabilities of
    Grup yang, secara langsung dan tidak langsung,          the Group which are directly and indirectly
    dikendalikan    oleh   Grup.   Entitas    Anak          controlled by the Group. Subsidiary is
    dikonsolidasikan sejak tanggal efektif akuisisi,        consolidated from the effective date of
    yaitu tanggal dimana Grup secara efektif                acquisition, which is the date on which the
    memperoleh pengendalian atas bisnis yang                Group effectively obtains control of the
    diakuisisi,  sampai    tanggal   pengendalian           acquired business, until that control ceases.
    berakhir.
    Entitas induk menyusun laporan keuangan                 Parent entity prepares consolidated financial
    konsolidasian dengan menggunakan kebijakan              statements using uniform accounting policies
    akuntansi yang sama untuk transaksi dan                 for transactions and other events in similar
    peristiwa lain dalam keadaan yang serupa.               circumstances. All intra-group transactions,
    Seluruh transaksi, saldo, penghasilan, beban,           balances, income, expenses and cash flows
    dan arus kas dalam intra-kelompok usaha terkait         are eliminated in full on consolidation.
    dengan transaksi antar entitas dieliminasi secara
    penuh.
    Grup mengatribusikan laba rugi dan setiap               The Group attributes the profit and loss and
    komponen dari penghasilan komprehensif lain             each component of other comprehensive
    kepada pemilik entitas induk dan kepentingan            income to the owners of the parent and non-
    non-pengendali       meskipun       hal tersebut        controlling interests even though this results in
    mengakibatkan kepentingan non-pengendali                the non-controlling interests having a deficit
    memiliki saldo defisit. Grup menyajikan                 balance. The Group present non-controlling
    kepentingan non-pengendali di ekuitas dalam             interest in equity in the consolidated statement
    laporan posisi keuangan konsolidasian, terpisah         of financial position, separately from the equity
    dari ekuitas pemilik entitas induk.                     of owners of the parent.
    Perubahan dalam bagian kepemilikan entitas              Changes in the parent’s ownership interest in a
    induk    pada     entitas    anak    yang   tidak       subsidiary that do not result in loss of control
    mengakibatkan hilangnya pengendalian adalah             are equity transactions (i.e., transactions with
    transaksi ekuitas (yaitu transaksi dengan pemilik       owners in their capacity as owners). When the
    dalam kapasitasnya sebagai pemilik). Ketika             proportion of equity held by non-controlling
    proporsi ekuitas yang dimiliki oleh kepentingan         interest changes, the Group adjusts the
    non-pengendali berubah, Grup menyesuaikan               carrying amounts of the controlling interest and
    jumlah tercatat kepentingan pengendali dan              non-controlling interest to reflect the changes
    kepentingan         non-pengendali         untuk        in their relative interest in the Subsidiary. Any
    mencerminkan perubahan kepemilikan relatifnya           difference between the amount by which the
    dalam Entitas Anak. Selisih antara jumlah               non-controlling interests are adjusted and the
    dimana         kepentingan         non-pengendali       fair value of the consideration paid or received

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

    disesuaikan dan nilai wajar dari jumlah yang                     is recognized directly in equity and attributed to
    diterima atau dibayarkan diakui langsung dalam                   the owners of the parent.
    ekuitas dan diatribusikan pada pemilik dari
    entitas induk.

    Jika Grup kehilangan pengendalian, maka Grup:              If the Group loses control, the Group:
    (a) Menghentikan pengakuan aset (termasuk                  (a) Derecognizes       the      assets    (including
         goodwill) dan liabilitas entitas anak pada                  goodwill) and liabilities of the subsidiary at
         jumlah tercatatnya ketika pengendalian                      their carrying amounts at the date when
         hilang;                                                     control is lost;
    (b) Menghentikan pengakuan jumlah tercatat                 (b) Derecognizes the carrying amount of any
         setiap kepentingan non-pengendali pada                      non-controlling interests in the former
         entitas anak terdahulu ketika pengendalian                  subsidiary at the date when control is lost
         hilang     (termasuk     setiap    komponen                 (including any components of other
         penghasilan komprehensif lain yang                          comprehensive income attributable to
         diatribusikan pada kepentingan non-                         them);
         pengendali);
    (c) Mengakui nilai wajar pembayaran yang                   (c)      Recognizes the fair value of the
         diterima (jika ada) dari transaksi, peristiwa,                 consideration received, if any, from the
         atau     keadaan     yang      mengakibatkan                   transaction, event or circumstances that
         hilangnya pengendalian;                                        resulted in the loss of control;
    (d) Mengakui sisa investasi pada entitas anak              (d)      Recognizes any investment retained in the
         terdahulu pada nilai wajarnya pada tanggal                     former subsidiary at fair value at the date
         hilangnya pengendalian;                                        when control is lost;
    (e) Mereklasifikasi     ke    laba    rugi,   atau         (e)      Reclassifies to profit or loss, or transfer
         mengalihkan secara langsung ke saldo laba                      directly to retained earnings if required by
         jika disyaratkan oleh PSAK lain, jumlah                        other PSAKs, the amount recognized in
         yang       diakui     dalam      penghasilan                   other comprehensive income in relation to
         komprehensif lain dalam kaitan dengan                          the subsidiary;
         entitas anak;
    (f) Mengakui        perbedaan      apapun     yang         (f)      Recognizes any resulting difference as a
         dihasilkan sebagai keuntungan atau                             gain or loss attributable to the parent.
         kerugian dalam laba rugi yang diatribusikan
         kepada entitas induk.

2.d. Kombinasi Bisnis Entitas Sepengendali                   2.d. Business Combination of Entities Under
                                                                  Common Control
    Transaksi kombinasi bisnis entitas sepengendali,              Business combination of entities under
    berupa pengalihan bisnis yang dilakukan dalam                 common control transactions, such as
    rangka reorganisasi entitas-entitas yang berada               transfers of business conducted within the
    dalam suatu kelompok usaha yang sama, bukan                   framework of the reorganization of the entities
    merupakan perubahan kepemilikan dalam arti                    that are in the same group, not a change of
    substansi ekonomi, sehingga transaksi tersebut                ownership in terms of economic substance, so
    tidak dapat menimbulkan laba atau rugi bagi                   that the transaction can not result in a gain or
    Grup secara keseluruhan ataupun bagi entitas                  loss for the Group as a whole or the individual
    individual dalam Grup.                                        entity within the Group.

    Karena transaksi restrukturisasi antara entitas                  Due to business combination transactions
    sepengendali tidak mengakibatkan perubahan                       of entities under common control does not lead
    substansi ekonomi pemilikan atas aset, liabilitas,               to change in economic substance of ownership
    saham atau instrumen kepemilikan lainnya yang                    on the exchanged asset, liability, shares or
    dipertukarkan, maka aset ataupun liabilitas yang                 other ownership instrument, then the
    pemilikannya    dialihkan     (dalam      bentuk                 transferred asset or liability (in its legal form) is
    hukumnya) dicatat sesuai dengan nilai buku                       recorded at its carrying amount as well as
    seperti penggabungan usaha berdasarkan                           a business combination under the pooling of
    metode penyatuan kepemilikan.                                    interest method.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                       PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                     FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                    December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                    (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                         Foreign Currencies, Unless Otherwise Stated)

    Entitas yang menerima bisnis, dalam kombinasi                      An entity that receives the business, in
    bisnis entitas sepengendali, mengakui selisih                      a business combination of entities under
    antara jumlah imbalan yang dialihkan dan jumlah                    common control, recognizes the difference
    tercatat dari setiap transaksi kombinasi bisnis                    between the amount of the consideration
    entitas sepengendali di ekuitas dalam akun                         transferred and the carrying amount of each
    tambahan modal disetor.                                            transaction is a business combination of
                                                                       entities under common control in equity under
                                                                       additional paid in capital.

    Bila entitas yang menerima bisnis kemudian                         If the entity that received the business,
    melepas entitas bisnis yang sebelumnya                             subsequently disposes the business entity
    diperoleh, akun tambahan modal disetor yang                        acquired previously, the additional paid-in
    dicatat sebelumnya, tidak dapat diakui sebagai                     capital recorded before, can not be recognized
    laba rugi direalisasi maupun direklasifikasi ke                    as a realized gain or loss nor reclassified to
    saldo laba.                                                        retained earnings.

2.e. Transaksi dan Saldo dalam Mata Uang Asing                     2.e. Foreign      Currency     Transactions   and
                                                                        Balances
     Dalam menyiapkan laporan keuangan, setiap                          In preparing financial statements, each of the
     entitas di dalam Grup mencatat dengan                              entities within the Group record by using the
     menggunakan mata uang dari lingkungan                              currency of the primary economic environment
     ekonomi utama di mana entitas beroperasi                           in which the entity operates (the functional
     (mata uang fungsional). Mata uang fungsional                       currency). The functional currency of the
     Grup adalah Rupiah.                                                Group is Rupiah.

     Transaksi-transaksi selama tahun berjalan                         Transactions during the year in foreign
     dalam mata uang asing dicatat dalam Rupiah                        currencies are recorded in Rupiah by applying
     dengan kurs spot antara Rupiah dan valuta                         to the foreign currency amount the spot
     asing pada tanggal transaksi. Pada akhir                          exchange rate between Rupiah and the foreign
     periode pelaporan, pos moneter dalam mata                         currency at the date of transactions. At the end
     uang asing dijabarkan ke dalam Rupiah                             of reporting period, foreign currency monetary
     menggunakan kurs penutup, yaitu kurs tengah                       items are translated to Rupiah using the
     Bank Indonesia pada 31 Desember 2025 dan                          closing rate, i.e middle rate of Bank of
     2024 sebagai berikut:                                             Indonesia at December 31, 2025 and 2024 as
                                                                       follows:

                                                     31 Des/           31 Des/
                                                     Dec 31,           Dec 31,
                                                      2025              2024

     1 Dolar Amerika Serikat USD (US Dollars)            16,782            16,162           1 United States Dollar (US Dollars)

     Selisih kurs yang timbul dari penyelesaian pos                    Exchange differences arising on the settlement
     moneter dan dari penjabaran pos moneter                           of monetary items or on translating monetary
     dalam mata uang asing diakui dalam laba rugi.                     items in foreign currencies are recognized in
                                                                       profit or loss.

2.f. Transaksi dengan Pihak-pihak Berelasi                        2.f. Transaction with Related Parties
     Pihak berelasi adalah orang atau entitas yang                      A related party is a person or an entity that is
     terkait dengan entitas pelapor:                                    related to the reporting entity:
      a) Orang atau anggota keluarga dekatnya                           a) A person or a close member of that
         mempunyai relasi dengan entitas pelapor jika                       person’s family is related to a reporting
         orang tersebut:                                                    entity if that person:
         i. memiliki pengendalian atau pengendalian                         i. has control or joint control over the
             bersama atas entitas pelapor;                                      reporting entity;
         ii. memiliki pengaruh signifikan atas entitas                      ii. has significant influence over the
             pelapor; atau                                                      reporting entity; or

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

       iii. merupakan personil manajemen kunci                    iii. is a member of the key management
            entitas pelapor atau entitas induk dari                    personnel of the reporting entity or
            entitas pelapor.                                           of a parent of the reporting entity.

    b) Suatu entitas berelasi dengan entitas pelapor           b) An entity is related to the reporting entity if
       jika memenuhi salah satu hal berikut:                      any of the following conditions applies:
       i.   Entitas dan entitas pelapor adalah                    i. The entity and the reporting entity are
            anggota dari kelompok usaha yang                          members of the same group (which
            sama (artinya entitas induk, entitas anak,                means that each parent, subsidiary
            dan Entitas Anak berikutnya saling                        and fellow subsidiary is related to the
            berelasi dengan entitas lain);                            others);
       ii. Satu entitas adalah entitas asosiasi atau              ii. One entity is an associate or joint
            ventura bersama dari entitas lain (atau                   venture of the other entity (or an
            entitas asosiasi atau ventura bersama                     associate or joint venture of a member
            yang      merupakan      anggota     suatu                of a group of which the other entity is a
            kelompok usaha, yang mana entitas lain                    member);
            tersebut adalah anggotanya);
       iii. Kedua entitas tersebut adalah ventura                  iii.Both entities are joint ventures of the
            bersama dari pihak ketiga yang sama;                       same third party;
       iv. Satu entitas adalah ventura bersama                     iv. One entity is a joint venture of a third
            dari entitas ketiga dan entitas yang lain                  entity and the other entity is an
            adalah entitas asosiasi dari entitas                       associate of the third entity;
            ketiga;
       v. Entitas tersebut adalah suatu program                    v.  The entity is a post-employment
            imbalan pascakerja untuk imbalan kerja                     benefit plan for the benefit of
            dari salah satu entitas pelapor atau                       employees of either the reporting
            entitas yang terkait dengan entitas                        entity, or an entity related to the
            pelapor. Jika entitas pelapor adalah                       reporting entity. If the reporting entity is
            entitas yang menyelenggarakan program                      itself such a plan, the sponsoring
            tersebut, maka entitas sponsor juga                        employers are also related to the
            berelasi dengan entitas pelapor;                           reporting entity;
       vi. Entitas      yang     dikendalikan     atau             vi. The entity is controlled or jointly
            dikendalikan bersama oleh orang yang                       controlled by a person identified in (a);
            diidentifikasi dalam huruf (a);

       vii. Orang yang diidentifikasi dalam huruf (a)              vii. A person identified in (a) (i) has
             (i) memiliki pengaruh signifikan atas                       significant influence over the entity or
             entitas atau personil manajemen kunci                       is a member of the key management
             entitas (atau entitas induk dari entitas);                  personnel of the entity (or a parent of
             atau                                                        the entity); or
       viii. Entitas, atau anggota dari kelompok                   viii. Entity, or a member of a group which
             yang mana entitas merupakan bagian                          the entity is part of the group, providing
             dari kelompok tersebut, menyediakan                         personnel services of the key
             jasa personil manajemen kunci kepada                        management to the reporting.
             entitas pelapor atau kepada entitas
             induk dari entitas pelapor.

    Seluruh transaksi dan saldo yang signifikan               All significant transactions and balances with
    dengan pihak berelasi diungkapkan dalam                   related parties are disclosed in the relevant
    Catatan yang relevan.                                     Notes.

2.g. Kas dan Setara Kas                                   2.g. Cash and Cash Equivalents
     Kas dan setara kas terdiri dari kas, bank dan             Cash and cash equivalents consist of cash in
     deposito berjangka yang jatuh tempo dalam                 hand and in banks and and time deposits with
     jangka waktu tiga bulan atau kurang pada saat             maturity periods of three months or less at the
     penempatan yang tidak digunakan sebagai                   time of placement that are not used as collateral
     jaminan atau tidak dibatasi penggunaannya.                or are not restricted.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

2.h. Instrumen Keuangan                                   2.h. Financial Instrument
     Pengakuan dan Pengukuran Awal                             Initial Recognition and Measurement
     Grup mengakui aset keuangan atau liabilitas               The Group recognizes a financial asset or
     keuangan dalam laporan posisi keuangan jika               a financial liability in the statement of financial
     dan hanya jika, Grup menjadi salah satu pihak             position when, and only when, it becomes a
     dalam ketentuan pada kontrak instrumen                    party to the contractual provisions of the
     tersebut. Pada saat pengakuan awal aset                   instrument. At initial recognition, the Group
     keuangan atau liabilitas keuangan, Grup                   measures all financial assets and financial
     mengukur pada nilai wajarnya. Dalam hal aset              liabilities at its fair value. In the case of financial
     keuangan atau liabilitas keuangan tidak diukur            asset or financial liability not at fair value
     dalam nilai wajar melalui laba rugi, nilai wajar          through profit or loss, fair value plus or minus
     tersebut ditambah atau dikurang dengan biaya              with the transaction costs that are directly
     transaksi yang dapat diatribusikan secara                 attributable to the acquisition or issue of the
     langsung dengan perolehan atau penerbitan                 financial asset or financial liability.
     aset keuangan atau liabilitas keuangan tersebut.

    Biaya transaksi yang dikeluarkan sehubungan                Transaction costs incurred on acquisition of
    dengan      perolehan       aset   keuangan    dan         a financial asset and issue of a financial liability
    penerbitan       liabilitas      keuangan     yang         classified at fair value through profit or loss are
    diklasifikasikan pada nilai wajar melalui laba rugi        expense immediately.
    dibebankan segera.

    Komponen liabilitas pada instrumen keuangan                The liability component of compound financial
    majemuk diakui pada awalnya sebesar nilai                  instrument is recognized initially at the fair value
    wajar liabilitas yang serupa yang tidak memiliki           of a similar liability that does not have an equity
    opsi konversi ekuitas. Komponen ekuitas diakui             conversion option. The equity component is
    pada awalnya sebesar selisih antara nilai wajar            recognized initially as the difference between
    instrumen       keuangan    majemuk       secara           the fair value of the compound financial
    keseluruhan dan nilai wajar komponen liabilitas.           instrument as a whole and the fair value of the
    Biaya transaksi yang dapat diatribusikan secara            liability component. Any directly attributable
    langsung dialokasikan pada komponen liabilitas             transaction costs are allocated to the liability
    dan ekuitas sesuai dengan proporsi nilai tercatat          and equity components in proportion to their
    awalnya.                                                   initial carrying amounts.

    Pengukuran selanjutnya aset keuangan                       Subsequent measurement of financial
                                                                assets
    Pada saat pengakuan awal, aset keuangan                    At initial recognition, financial assets are
    diklasifikasikan dalam tiga kategori sebagai               classified in the three categories as follows:
    berikut: aset keuangan yang diukur pada biaya              financial assets at amortized costs, financial
    perolehan yang diamortisasi, aset keuangan                 assets      at   fair   value      through other
    yang diukur pada nilai wajar melalui penghasilan           comprehensive income, and financial assets at
    komprehensif lain, aset keuangan yang diukur               fair value through profit or loss.
    pada nilai wajar melalui laba rugi.

    i. Aset Keuangan yang Diukur pada Biaya                   i. Financial Assets Measured at Amortized
       Perolehan Diamortisasi                                    Costs
       Aset keuangan dapat diukur dengan biaya                   A financial asset is measured at amortized
       perolehan diamortisasi hanya jika memenuhi                cost only if it meets both of the following
       kedua kondisi berikut dan tidak ditetapkan                conditions and it is not designated as at
       sebagai FVTPL:                                            FVTPL:
       (i) Aset keuangan dikelola dalam model                     (i) The financial assets is held within
           bisnis yang bertujuan untuk memiliki aset                  a business model whose objective is to
           keuangan untuk tujuan mendapatkan                          hold the asset to collect contractual cash
           arus kas kontraktual (held to collect); dan                flows (held to collect); and




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                             (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                  Foreign Currencies, Unless Otherwise Stated)

       (ii) Kriteria kontraktual dari aset keuangan                (ii) Its contractual terms of the financial
            yang pada tanggal tertentu menghasilkan                     assets give rise on specified dates to
            arus kas yang merupakan pembayaran                          cash flows that are (Solely Payments of
            pokok dan bunga semata (Solely                              Principal and Interest - SPPI) on the
            Payments of Principal and Interest -                        principal amount outstanding.
            SPPI) dari jumlah pokok terutang.

       Aset keuangan ini diukur pada jumlah yang                   The financial asset is measured at the
       diakui pada awal pengakuan dikurangi                        amount recognized at initial recognition
       dengan pembayaran pokok, kemudian                           minus principal repayments, plus or minus
       dikurangi atau ditambah dengan jumlah                       the cumulative amortization of any difference
       amortisasi kumulatif atas perbedaan jumlah                  between that initial amount and the maturity
       pengakuan awal dengan jumlah pada saat                      amount, and any loss allowance.
       jatuh tempo, dan penurunan nilainya.

       Pendapatan keuangan dihitung dengan                         Interest income is calculated using the
       metode menggunakan suku bunga efektif dan                   effective interest method and is recognized in
       diakui di laba rugi. Perubahan pada nilai                   profit or loss. Changes in fair value are
       wajar diakui di laba rugi ketika aset                       recognized in profit and loss when the asset
       dihentikan atau direklasifikasi.                            is derecognized or reclassified.

       Aset keuangan yang diklasifikasikan menjadi                 Financial assets classified to amortized cost
       aset keuangan yang diukur pada biaya                        may be sold where there is an increase in
       perolehan diamortisasi dapat dijual ketika                  credit risk. Disposals for other reasons are
       terdapat      peningkatan     risiko    kredit.             permitted but such sales should be
       Penghentian untuk alasan lain diperbolehkan                 insignificant in value or infrequent in nature.
       namun jumlah penjualan tersebut harus tidak
       signifikan jumlahnya atau tidak sering.

    ii. Aset Keuangan yang Diukur pada Nilai                 iii.ii. Financial Assets Measured at Fair Value
        Wajar Melalui Penghasilan Komprehensif                       Through Other Comprehensive Income
        Lain (FVTOCI)                                                (FVTOCI)
        Aset keuangan diukur pada FVTOCI jika                        The financial assets are measured at
        kedua kondisi berikut terpenuhi:                             FVTOCI if these conditions are met:
        (i) Aset keuangan dikelola dalam model                        (i) The financial asset is held within
             bisnis yang tujuannya akan terpenuhi                          a business model whose objective is
             dengan      mendapatkan      arus    kas                      achieved by both collecting contractual
             kontraktual dan menjual aset keuangan;                        cash flows and selling the financial
             dan                                                           asset; and
        (ii) Persyaratan kontraktual dari aset                        (ii) The contractual cash flows of the
             keuangan tersebut memberikan hak                              financial asset give rise to payments on
             pada tanggal tertentu atas arus kas yang                      specified dates that are Solely Payments
             semata dari pembayaran pokok dan                              of Principal and Interest on the principal
             bunga (Solely Payments of Principal and                       amount outstanding.
             Interest - SPPI) dari jumlah pokok
             terutang.

       Aset keuangan tersebut diukur sebesar nilai                 The financial assets are measured at fair
       wajar, dimana keuntungan atau kerugian                      value. The changes in fair value are
       diakui dalam penghasilan komprehensif lain,                 recognized initially in other comprehensive
       kecuali untuk kerugian akibat penurunan nilai               income (OCI), except for impairment gains
       dan keuntungan atau kerugian akibat                         and losses, and a portion of foreign
       perubahan kurs, diakui pada laba rugi. Ketika               exchange gains and losses, are recognized
       aset     keuangan      tersebut     dihentikan              in profit or loss. When the asset is
       pengakuannya         atau       direklasifikasi,            derecognized or reclassified, changes in fair
       keuntungan atau kerugian kumulatif yang                     value previously recognized in other

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

       sebelumnya diakui dalam penghasilan                        comprehensive income and accumulated in
       komprehensif lain direklasifikasi dari ekuitas             equity are reclassified from equity to profit or
       ke    laba     rugi  sebagai     penyesuaian               loss as a reclassification adjustment.
       reklasifikasi.
    iii. Aset Keuangan yang Diukur pada Nilai                  iii. Financial Assets Measured at Fair Value
         Wajar Melalui Laba Rugi (FVTPL)                            Through Profit or Loss (FVTPL)
         Aset keuangan yang diukur pada FVTPL                       Financial assets measured at FVTPL are
         adalah aset keuangan yang tidak memenuhi                   those which do not meet both criteria for
         kriteria untuk diukur pada biaya perolehan                 neither amortized costs nor FVTOCI.
         diamortisasi atau untuk diukur FVTOCI.
       Setelah pengakuan awal, aset keuangan                      After initial recognition, FVTPL financial
       yang diukur pada FVTPL diukur pada nilai                   assets are measured at fair value. The
       wajarnya. Keuntungan atau kerugian yang                    changes in fair value are recognized in profit
       timbul dari perubahan nilai wajar aset                     or loss.
       keuangan diakui dalam laba rugi.
       Aset keuangan berupa derivatif dan investasi               Financial assets in form of derivatives and
       pada instrumen ekuitas tidak memenuhi                      investment in equity instrument are not
       kriteria untuk diukur pada biaya perolehan                 eligible to meet both criteria for amortized
       diamortisasi atau kriteria untuk diukur pada               costs     or    fair value   through    other
       FVTOCI, sehingga diukur pada FVTPL.                        comprehensive income FVTOCI. Hence,
       Namun demikian, Grup dapat menetapkan                      these are measured at fair value through
       pilihan yang tidak dapat dibatalkan saat                   profit or loss FVTPL. Nonetheless, the Group
       pengakuan awal atas investasi pada                         may irrevocably designated an investment in
       instrumen ekuitas yang bukan untuk                         an equity instrument which is not held for
       diperjualbelikan dalam waktu dekat (held for               trading in any time soon as FVTOCI.
       trading) untuk diukur pada FVTOCI.
    Pengukuran selanjutnya liabilitas keuangan                 Subsequent measurement of financial
                                                               liabilities
    Grup mengklasifikasikan seluruh liabilitas                 The Group shall classify all financial liabilities as
    keuangan sehingga setelah pengakuan awal                   subsequently measured at amortised cost,
    liabilitas keuangan diukur pada biaya perolehan            except for:
    diamortisasi, kecuali:
    (a) Liabilitas keuangan pada nilai wajar melalui           (a) Financial liabilities at fair value through
           laba rugi. Liabilitas dimaksud, termasuk                profit or loss. Such liabilities, including
           derivatif    yang    merupakan      liabilitas,         derivatives that are liabilities, shall be
           selanjutnya akan diukur pada nilai wajar;               subsequently measured at fair value;
    (b) Liabilitas keuangan yang timbul ketika                 (b) Financial liabilities that arise when a
           pengalihan aset keuangan yang tidak                     transfer of a financial asset does not qualify
           memenuhi         kualifikasi     penghentian            for derecognition or when the continuing
           pengakuan       atau     ketika   pendekatan            involvement approach applies;
           keterlibatan berkelanjutan diterapkan;
    (c) Kontrak jaminan keuangan dan komitmen                  (c) Financial    guarantee    contracts     and
           untuk menyediakan pinjaman dengan suku                  commitments to provide a loan at a
           bunga dibawah pasar. Setelah pengakuan                  below‑market interest rate. After initial
           awal, penerbit kontrak dan penerbit                     recognition, an issuer of such a contract
           komitment selanjutnya mengukur kontrak                  and an issuer of such a commitment shall
           tersebut sebesar jumlah yang lebih tinggi               subsequently measure it at the higher of:
           antara:
           (i) Jumlah penyisihan kerugian; dan                      (i) The amount of the loss allowance; and
           (ii) Jumlah yang pertama kali diakui                     (ii) The amount initially recognised less,
                dikurangi dengan, jika sesuai, jumlah                    when appropriate, the cumulative
                kumulatif dari penghasilan yang diakui                   amount of income recognised in
                sesuai dengan prinsip PSAK 115;                          accordance with the principles of
                                                                         PSAK 115;

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

    (d) Imbalan kontijensi yang diakui oleh pihak          (d) Contingent consideration recognised by an
        pengakusisi dalam kombinasi bisnis Ketika              acquirer in a business combination to which
        PSAK 103 diterapkan. Imbalan kontijensi                PSAK 103 applies. Such contingent
        selanjutnya diukur pada nilai wajar dan                consideration shall subsequently be
        selisihnya dalam laba rugi.                            measured at fair value with changes
                                                               recognised in profit or loss.

    Saat pengakuan awal, Grup dapat membuat                An entity may, at initial recognition, the Group
    penetapan yang takterbatalkan untuk mengukur           irrevocably designate a financial liability as
    liabilitas keuangan pada nilai wajar melalui laba      measured at fair value through profit or loss
    rugi, jika diizinkan oleh standar atau jika            when permitted by the standard or when doing
    penetapan akan menghasilkan informasi yang             so results in more relevant information, because
    lebih relevan, karena:                                 either:
   (a) Mengeliminasi atau mengurangi secara                (a) It eliminates or significantly reduces
        signifikan inkosistensi pengukuran atau                 a measurement or recognition inconsistency
        pengakuan      (kadang     disebut   sebagai            (sometimes referred to as ‘an accounting
        “accounting mismatch”) yang dapat timbul                mismatch’) that would otherwise arise from
        dari pengukuran aset atau liabilitas atau               measuring assets or liabilities or recognising
        pengakuan keuntungan dan kerugian atas                  the gains and losses on them on different
        aset atau liabilitas dengan dasar yang                  bases; or
        berbeda beda; atau
   (b) Sekelompok liabilitas keuangan atau aset            (b) A group of financial liabilities or financial
        keuangan dan liabilitas keuangan dikelola              assets and financial liabilities is managed
        dan kinerjanya dievaluasi berdasarkan nilai            and its performance is evaluated on a fair
        wajar, sesuai manajemen risiko atau strategi           value basis, in accordance with a
        investasi yang terdokumentasi, dan informasi           documented risk management or investment
        dengan dasar nilai wajar dimaksud atas                 strategy, and information about the group is
        kelompok tersebut disediakan secara internal           provided internally on that basis to the
        untuk personil manajemen kunci grup.                   group’s key management personnel.

    Penurunan Nilai Aset Keuangan                          Impairment of Financial Assets
    Aset keuangan dinilai apakah terdapat indikasi         Financial assets are assessed for indicators
    penurunan nilai pada setiap akhir periode              of impairment at the end of each reporting date.
    pelaporan. Aset keuangan diturunkan nilainya           Financial assets are impaired where there is
    apabila terdapat bukti objektif sebagai akibat         objective evidence that, as a result of one or
    adanya satu atau lebih peristiwa yang terjadi          more events that occurred after the initial
    setelah pengakuan awal aset keuangan tersebut          recognition of the financial asset and the
    dan dilakukan estimasi terhadap arus kas masa          estimated future cash flows of the investment
    depan dari investasi tersebut yang akan                have been affected.
    terdampak.

    Grup mengakui penyisihan kerugian untuk aset           The Group recognize expected credit loss for its
    keuangan yang diukur pada biaya perolehan              financial assets measured at amortized cost.
    diamortisasi.

    Pada setiap tanggal pelaporan, Grup mengukur           At the end of each reporting date, the Group
    penyisihan kerugian instrumen keuangan                 calculates any impairment provision in financial
    sejumlah      kerugian    kredit   ekspektasian        instruments based on its lifetime expected credit
    sepanjang umurnya jika risiko kredit atas              loss if the credit risk of the financial instruments
    instrumen keuangan tersebut telah meningkat            has increased significantly since its initial
    secara signifikan sejak pengakuan awal.                recognition.

    Namun, jika risiko kredit instrumen keuangan           However, if credit risk has not increased
    tersebut tidak meningkat secara signifikan sejak       significantly since initial recognition, then
    pengakuan awal, maka Grup mengakui sejumlah            a 12 month expected credit loss is recognized.
    kerugian kredit ekspektasian 12 bulan.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

    Grup menerapkan metode yang disederhanakan                The Group applied a simplified approach to
    untuk mengukur kerugian kredit ekspektasian               measure such expected credit loss for trade
    tersebut terhadap piutang usaha dan aset                  receivables and contract assets without
    kontrak tanpa komponen pendanaan yang                     significant financing component.
    signifikan.

    Grup menganggap aset keuangan gagal bayar                 The Group considers a financial asset to be in
    ketika pihak ketiga tidak mampu membayar                  default when the counterparty is unlikely to pay
    kewajiban kreditnya kepada Grup secara penuh.             its credit obligations to the Group in full.
    Periode maksimum yang dipertimbangkan ketika              The maximum period considered when
    memperkirakan kerugian kredit ekspektasian                estimating expected credit loss is the maximum
    adalah periode maksimum kontrak dimana Grup               contractual period over which the Group is
    terekspos terhadap risiko kredit.                         exposed to credit risk.

    Penyisihan kerugian diakui sebagai pengurang              Impairment losses are recognized as a
    jumlah tercatat aset keuangan kecuali untuk aset          deduction in financial assets’ carrying amount,
    keuangan yang diukur pada FVTOCI yang                     except for financial assets measured at FVTOCI
    penyisihan      kerugiannya    diakui     dalam           where its impairment is recognized in other
    penghasilan komprehensif lain. Sedangkan                  comprehensive income. The expected credit
    jumlah kerugian kredit ekspektasian (atau                 loss (or recovery of credit loss) is recognized in
    pemulihan kerugian kredit) diakui dalam laba              profit or loss, as gains or losses of financial
    rugi, sebagai keuntungan atau kerugian                    asset impairment.
    penurunan nilai.

    Pengukuran kerugian kredit ekspektasian dari              The expected credit loss of financial intruments
    instrumen keuangan dilakukan dengan suatu                 are conducted by a means which reflect:
    cara yang mencerminkan:
    (i) jumlah yang tidak bias dan rata-rata                  (i)   an unbiased and probability-weighted
          probabilitas tertimbang yang ditentukan                   amount that reflects a range of possible
          dengan       mengevaluasi         serangkaian             outcomes;
          kemungkinan yang dapat terjadi;
    (ii) nilai waktu uang; dan                                (ii) time value of money; and
    (iii) informasi yang wajar dan terdukung yang             (iii) reasonable and supportable information that
          tersedia tanpa biaya atau upaya berlebihan                is available without undue cost or effort
          pada tanggal pelaporan mengenai peristiwa                 about past events, current conditions and
          masa lalu, kondisi kini, dan perkiraan kondisi            forecasts of future conditions.
          ekonomi masa depan.

    Aset keuangan dapat dianggap tidak mengalami              Financial assets may be considered to not
    peningkatan risiko kredit secara signifikan sejak         having significant increase in credit risk since
    pengakuan awal jika aset keuangan memiliki                initial recognition if the financial assets have a
    risiko kredit yang rendah pada tanggal                    low credit risk at the reporting date. Credit risk
    pelaporan. Risiko kredit pada instrumen                   on financial instrument may be considered be
    keuangan dianggap rendah ketika aset                      low if there is a low risk of default, the borrower
    keuangan tersebut memiliki risiko gagal bayar             has a strong capacity to meet its contractual
    yang rendah, peminjam memiliki kapasitas yang             cash flow obligations in the near term and
    kuat untuk memenuhi kewajiban arus kas                    adverse changes in economic and business
    kontraktualnya dalam jangka waktu dekat dan               conditions in the longer term may, but will not
    memburuknya kondisi ekonomi dan bisnis dalam              necessarily, reduce the ability of the borrower to
    jangka waktu panjang mungkin, namun tidak                 fulfil its contractual cash flow obligations. To
    selalu, menurunkan kemampuan peminjam                     determine whether a financial asset has a low
    untuk    memenuhi      kewajiban     arus     kas         credit risk, the Group may use internal credit risk
    kontraktualnya. Untuk menentukan apakah aset              rating or external assessment. For example, a
    keuangan memiliki risiko kredit rendah, Grup              financial asset with “investment grade”
    dapat menggunakan peringkat risiko kredit                 according to external assessment has a low
    internal atau penilaian eksternal. Misal, aset            credit risk rating, thus it does not experience an

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

    keuangan dengan peringkat “investment grade”           increase in significant credit risk since initial
    berdasarkan penilaian eksternal merupakan              recognition.
    instrumen yang memiliki risiko kredit yang
    rendah, sehingga tidak mengalami peningkatan
    risiko kredit secara signifikan sejak pengakuan
    awal.
    Penghentian Pengakuan Aset dan Liabilitas              Derecognition of Financial Assets and
    Keuangan                                               Liabilities
    Aset Keuangan                                          Financial assets
    Grup menghentikan pengakuan aset keuangan,             The Group derecognizes a financial asset, if and
    jika dan hanya jika, hak kontraktual atas arus         only if, the contractual rights to the cash flows
    kas yang berasal dari aset keuangan berakhir           from the financial asset expired or the Group
    atau Grup mengalihkan hak kontraktual untuk            transfers the contractual rights to receive the
    menerima kas yang berasal dari aset keuangan           cash flows of the financial asset or retains the
    atau tetap memiliki hak kontraktual untuk              contractual rights to receive the cash flows but
    menerima kas tetapi juga menanggung                    assumes a contractual obligation to pay the
    kewajiban kontraktual untuk membayar arus kas          cash flows to one or more recipients in an
    yang diterima tersebut kepada satu atau lebih          arrangement. If the Group transfers substantially
    pihak penerima melalui suatu kesepakatan. Jika         all the risks and benefits of ownership of the
    Grup secara substansial mengalihkan seluruh            financial asset, the Group derecognizes the
    risiko dan manfaat atas kepemilikan aset               financial asset and recognize separately as
    keuangan, maka Grup menghentikan pengakuan             asset or liabilities any rights and obligation
    aset keuangan dan mengakui secara terpisah             created or retained in the transfer. If the Group
    sebagai aset atau liabilitas untuk setiap hak dan      neither transfers nor retains substantially all the
    kewajiban yang timbul atau yang masih dimiliki         risks and benefits of ownership of the financial
    dalam pengalihan tersebut. Jika Grup secara            asset and has retained control, the Group
    substansial tidak mengalihkan dan tidak memiliki       continues to recognizes the financial asset to the
    seluruh risiko dan manfaat atas kepemilikan aset       extent of its continuing involvement in the
    keuangan tersebut dan masih memiliki                   financial asset. If the Group retains substantially
    pengendalian, maka Grup mengakui aset                  all the risks and benefits of ownership of the
    keuangan sebesar keterlibatan berkelanjutan            financial asset, the Group continues to
    dengan aset keuangan tersebut. Jika Grup               recognize the financial asset.
    secara substansial masih memiliki seluruh risiko
    dan manfaat atas kepemilikan aset keuangan,
    maka Grup tetap mengakui aset keuangan
    tersebut.
    Grup melakukan transaksi dengan mana ia                The Group enters into transactions whereby it
    mentransfer aset yang diakui dalam laporan             transfers assets recognised in its statement of
    posisi keuangannya, tetapi tetap memiliki semua        financial position, but retains either all or
    atau secara substansial semua risiko dan               substantially all of the risks and rewards of the
    manfaat dari aset yang ditransfer. Dalam kasus         transferred assets. In these cases, the
    ini, aset yang ditransfer tidak dihentikan             transferred assets are not derecognised.
    pengakuannya.
    Liabilitas keuangan                                    Financial liabilities
    Grup      menghentikan    pengakuan    liabilitas      The Group removes a financial liability from its
    keuangan, jika dan hanya jika, liabilitas              statement of financial position if, and only if, it is
    keuangan tersebut berakhir, yaitu ketika               extinguished, i.e. when the obligation specified
    kewajiban yang ditetapkan dalam kontrak                in the contract is discharged or cancelled or
    dilepaskan atau dibatalkan atau kedaluwarsa.           expired.
    Saat penghentian pengakuan aset keuangan               On derecognition of a financial asset in its
    secara keseluruhan, selisih antara jumlah              entirety, the difference between the assets
    tercatat aset dan jumlah pembayaran dan                carrying amount and the sum of the
    piutang yang diterima dan keuntungan atau              consideration received and receivable and the
    kerugian kumulatif yang telah diakui dalam             cumulative gain or loss that had been

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

    penghasilan komprehensif lain dan terakumulasi         recognized in other comprehensive income and
    dalam ekuitas direklasifikasi ke laba rugi.            accumulated in equity is reclassified to profit or
                                                           loss.

    Saat penghentian pengakuan aset keuangan               On derecognition of a financial asset other than
    terhadap satu bagian saja Grup mengalokasikan          in its entirety the Group allocate the previous
    jumlah tercatat sebelumnya dari aset keuangan          carrying amount of the financial asset between
    tersebut pada bagian yang tetap diakui                 the part they continue to recognize under
    berdasarkan keterlibatan berkelanjutan dan             continuing involvement and the part they no
    bagian yang tidak lagi diakui berdasarkan nilai        longer recognize on the basis of the relative fair
    wajar relatif dari kedua bagian tersebut pada          values of those parts on the date of the transfer.
    tanggal transfer. Selisih antara jumlah tercatat       The difference between the carrying amount
    yang dialokasikan pada bagian yang tidak lagi          allocated to the part that is no longer recognized
    diakui dan jumlah dari pembayaran yang                 and the sum of the consideration received for
    diterima untuk bagian yang tidak lagi diakui dan       the part no longer recognized and any
    setiap keuntungan atau kerugian kumulatif yang         cumulative gain or loss allocated to it that had
    dialokasikan pada bagian yang tidak lagi diakui        been recognized in other comprehensive income
    tersebut yang sebelumnya telah diakui dalam            is recognized in profit or loss. A cumulative gain
    penghasilan komprehensif lain diakui pada laba         or loss that had been recognized in other
    rugi. Keuntungan dan kerugian kumulatif yang           comprehensive income is allocated between the
    sebelumnya      diakui    dalam     penghasilan        part that continues to be recognized and the part
    komprehensif lain dialokasikan pada bagian             that is no longer recognized on the basis of the
    yang tetap diakui dan bagian yang dihentikan           relative fair values of those parts.
    pengakuannya, berdasarkan nilai wajar relatif
    kedua bagian tersebut.

    Metode Suku Bunga Efektif                              The Effective Interest Method
    Metode suku bunga efektif adalah metode yang           The effective interest method is a method of
    digunakan untuk menghitung biaya perolehan             calculating the amortized cost of a financial
    diamortisasi dari aset atau liabilitas keuangan        asset or a financial liability (or group of financial
    (atau kelompok aset atau liabilitas keuangan)          assets or financial liabilities) and allocating of
    dan metode untuk mengalokasikan pendapatan             the interest income or interest expense over the
    bunga atau beban bunga selama periode yang             relevant period. The effective interest rate is the
    relevan. Suku bunga efektif adalah suku bunga          rate that exactly discount estimated future cash
    yang secara tepat mendiskontokan estimasi              payments or receipts through the expected life
    pembayaran atau penerimaan kas masa depan              of the financial instrument or, when appropriate,
    selama       perkiraan umur    dari    instrumen       a shorter period to the net carrying amount of
    keuangan, atau jika lebih tepat, digunakan             the financial asset or financial liability. When
    periode yang lebih singkat untuk memperoleh            calculating the effective interest rate, the Group
    jumlah tercatat neto dari aset keuangan atau           estimates cash flows considering all contractual
    liabilitas keuangan. Pada saat menghitung suku         terms of the financial instrument, for example,
    bunga efektif, Grup mengestimasi arus kas              prepayment, call and similar option, but shall not
    dengan mempertimbangkan seluruh persyaratan            consider future credit losses. The calculation
    kontraktual dalam instrumen keuangan tersebut,         includes all fees and points paid or received
    seperti pelunasan dipercepat, opsi beli dan opsi       between parties to the contract that are an
    serupa lain, tetapi tidak mempertimbangkan             integral part of the effective interest rate,
    kerugian kredit masa depan. Perhitungan ini            transaction costs, and all other premiums or
    mencakup seluruh komisi dan bentuk lain yang           discounts.
    dibayarkan atau diterima oleh pihak-pihak dalam
    kontrak yang merupakan bagian tak terpisahkan
    dari suku bunga efektif, biaya transaksi, dan
    seluruh premium atau diskonto lain.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

    Reklasifikasi                                           Reclassification
    Grup dapat mereklasifikasi seluruh aset                 Group can reclassify all its financial assets if and
    keuangan jika dan hanya jika, terjadi perubahan         only if, a change in the business model.
    model bisnis.
    Ketika Grup mereklasifikasi aset keuangan,              If the Group reclassifies a financial asset, it is
    maka Grup menerapkan reklasifikasi secara               required    to   apply     the    reclassification
    prospektif dari tanggal reklasifikasi. Grup tidak       prospectively from the reclassification date.
    menyajikan kembali keuntungan, kerugian                 Previously recognized gains, losses (including
    (termasuk keuntungan atau kerugian penurunan            impairment gains or losses) or interest are not
    nilai), atau bunga yang diakui sebelumnya.              restated.
    Ketika Grup mereklasifikasi aset keuangan               When the Group reclassifies its financial asset
    keluar dari kategori pengukuran biaya perolehan         out of the amortized cost into fair value through
    diamortisasi menjadi kategori FVTPL, nilai              profit or loss, then its fair value is measured at
    wajarnya diukur pada tanggal reklasifikasi.             reclassification date. Any gains or losses
    Keuntungan atau kerugian yang timbul dari               resulted from the difference between previous
    selisih antara biaya perolehan diamortisasi             amortized cost and its fair value is recognized in
    sebelumnya dan nilai wajar aset keuangan                profit or loss. Otherwise, if the Group reclassifies
    diakui dalam laba rugi. Pada saat Grup                  its financial asset from FVTPL into amortized
    melakukan reklasifikasi sebaliknya, yaitu dari          cost, then its fair value at the date of
    aset keuangan kategori FVTPL menjadi kategori           reclassification becomes new gross carrying
    pengukuran biaya perolehan diamortisasi, maka           amount.
    nilai wajar pada tanggal reklasifikasi menjadi
    jumlah tercatat bruto yang baru.
    Pada saat Grup mereklasifikasi aset keuangan            When the Group reclassifies its financial asset
    keluar dari kategori pengukuran biaya perolehan         out of the amortized cost into fair value through
    diamortisasi menjadi kategori FVTOCI, nilai             other comprehensive income, its fair value is
    wajarnya diukur pada tanggal reklasifikasi.             measured at the reclassification date. Any gains
    Keuntungan atau kerugian yang timbul dari               or losses resulted from the difference between
    selisih antara biaya perolehan diamortisasi             previous amortized cost and fair value is
    sebelumnya dan nilai wajar aset keuangan                recognized in other comprehensive income.
    diakui dalam penghasilan komprehensif lain.             Effective interest rate and expected credit loss
    Suku bunga efektif dan pengukuran kerugian              measurement are not adjusted as a result of the
    kredit ekspektasian tidak disesuaikan sebagai           reclassification. Otherwise, when the Group
    akibat      dari   reklasifikasi.   Ketika   Grup       reclassifies its financial asset out of the fair
    mereklasifikasi aset keuangan sebaliknya, yaitu         value through other comprehensive income into
    keluar dari kategori FVTOCI menjadi kategori            amortized cost, the financial asset is reclassified
    pengukuran biaya perolehan diamortisasi, aset           by its fair value at the reclassification date.
    keuangan direklasifikasi pada nilai wajarnya            However, any cumulative gains or losses
    pada      tanggal    reklasifikasi.  Akan   tetapi      previously recognized in other comprehensive
    keuntungan atau kerugian kumulatif yang                 income are omitted from equity and adjusted to
    sebelumnya        diakui     dalam     penghasilan      the financial asset’s fair value at the date of
    komprehensif lain dihapus dari ekuitas dan              reclassification.    Consequently,       at     the
    disesuaikan terhadap nilai wajar aset keuangan          reclassification date, the financial asset is
    pada tanggal reklasifikasi. Akibatnya, pada             measured the same way as if it were amortized
    tanggal reklasifikasi aset keuangan diukur              cost.     This     adjustment     affects    other
    seperti halnya jika aset keuangan tersebut selalu       comprehensive income but not profit or loss,
    diukur pada biaya perolehan diamortisasi.               and hence it is not a reclassification adjustment.
    Penyesuaian ini memengaruhi penghasilan                 Effective interest rate and expected credit loss
    komprehensif lain tetapi tidak memengaruhi laba         are no longer adjusted as a result of the
    rugi, dan karenanya bukan merupakan                     reclassification.
    penyesuaian reklasifikasi. Suku bunga efektif
    dan pengukuran kerugian kredit ekspektasian
    tidak     disesuaikan     sebagai    akibat   dari
    reklasifikasi.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

    Pada saat Grup mereklasifikasi aset keuangan             When the Group reclassifies its financial asset
    keluar dari kategori pengukuran FVTPL menjadi            out of the fair value through profit or loss into fair
    kategori pengukuran FVTOCI, aset keuangan                value through other comprehensive income, the
    tetap diukur pada nilai wajarnya. Sama halnya,           financial asset is measured at its fair value.
    ketika Grup mereklasifikasi aset keuangan                Similarly, when the Group reclassifies its
    keluar dari kategori FVTOCI menjadi kategori             financial asset out of the fair value through other
    pengukuran FVTPL, aset keuangan tetap diukur             comprehensive income into fair value through
    pada nilai wajarnya. Keuntungan atau kerugian            profit or loss, the financial asset is measured at
    kumulatif yang sebelumnya diakui di penghasilan          its fair value. Any gains or losses previously
    komprehensif lain direklasifikasi dari ekuitas ke        recognized in other comprehensive income are
    laba rugi sebagai penyesuaian reklasifikasi pada         reclassified out of the equity to profit or loss as a
    tanggal reklasifikasi.                                   reclassification adjustment at the date of
                                                             reclassification.

    Saling Hapus Aset Keuangan dan Liabilitas                Offsetting a Financial Asset and a Financial
    Keuangan                                                 Liability
    Aset keuangan dan liabilitas keuangan                    A financial asset and financial liability shall be
    disalinghapuskan, jika dan hanya jika, Grup saat         offset, if and only if, the Group currently has
    ini memiliki hak yang dapat dipaksakan secara            a legally enforceable right to set off the
    hukum untuk melakukan saling hapus atas                  recognized amount; and intends either to settle
    jumlah yang telah diakui tersebut; dan berintensi        on a net basis, or to realize the asset and settle
    untuk menyelesaikan secara neto atau untuk               the liability simultaneously.
    merealisasikan      aset    dan   menyelesaikan
    liabilitasnya secara simultan.

    Pengukuran Nilai Wajar                                   Fair Value Measurement
    Nilai wajar adalah harga yang akan diterima              Fair value is the price that would be received to
    untuk menjual suatu aset atau harga yang akan            sell an asset or paid to transfer a liability in an
    dibayar untuk mengalihkan suatu liabilitas dalam         orderly transaction between market participants
    transaksi teratur antara pelaku pasar pada               at the measurement date.
    tanggal pengukuran.

    Nilai wajar aset dan liabilitas keuangan                 The fair value of financial assets and financial
    diestimasi untuk keperluan pengakuan dan                 liabilities must be estimated for recognition and
    pengukuran      atau    untuk    keperluan               measurement or for disclosure purposes.
    pengungkapan.

    Nilai wajar dikategorikan dalam tingkat yang             Fair values are categorized into different levels
    berbeda dalam suatu hirarki nilai wajar                  in a fair value hierarchy based on the degree to
    berdasarkan       pada      apakah      input suatu      which the inputs to the measurement are
    pengukuran dapat diobservasi dan signifikansi            observable and the significance of the inputs to
    input terhadap keseluruhan pengukuran nilai              the fair value measurement in its entirety:
    wajar:
    (i) Harga kuotasian (tanpa penyesuaian) di               (i) Quoted prices (unadjusted) in active markets
          pasar aktif untuk aset atau liabilitas yang              for identical assets or liabilities that can be
          identik yang dapat diakses pada tanggal                  accessed at the measurement date (Level
          pengukuran (Tingkat 1);                                  1);
    (ii) Input selain harga kuotasian yang termasuk          (ii) Inputs other than quoted prices included in
          dalam Level 1 yang dapat diobservasi untuk               Level 1 that are observable for the assets
          aset atau liabilitas, baik secara langsung               or liabilities, either directly or indirectly
          maupun tidak langsung (Tingkat 2);                       (Level 2);
    (iii) Input yang tidak dapat diobservasi untuk           (iii) Unobservable inputs for the assets or
          aset atau liabilitas (Tingkat 3).                        liabilities (Level 3).




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

    Dalam mengukur nilai wajar aset atau liabilitas,             When measuring the fair value of an asset or a
    Grup sebisa mungkin menggunakan data pasar                   liability, the Group uses market observable data
    yang dapat diobservasi. Apabila nilai wajar aset             to the extent possible. If the fair value of an
    atau liabilitas tidak dapat diobservasi secara               asset or a liability is not directly observable, the
    langsung, Grup menggunakan teknik penilaian                  Group        uses   valuation     techniques    that
    yang    sesuai     dengan   keadaannya      dan              appropriate in the circumstances and maximizes
    memaksimalkan penggunaan input yang dapat                    the use of relevant observable inputs and
    diobservasi yang relevan dan meminimalkan                    minimizes the use of unobservable inputs.
    penggunaan input yang tidak dapat diobservasi.
    Perpindahan antara tingkat hierarki nilai wajar              Transfers between levels of the fair value
    diakui oleh Grup pada akhir periode pelaporan                hierarchy are recognized by the Group at the
    dimana perpindahan terjadi.                                  end of the reporting period during which the
                                                                 change occurred.
2.i. Biaya Dibayar di Muka                                 2.i. Prepaid Expenses
     Biaya dibayar di muka diamortisasi selama                  Prepaid expenses are amortized over the
     masa manfaatnya dengan menggunakan                         periods benefitted by using the straight-line
     metode garis lurus.                                        method.
2.j. Aset Tetap                                             2.j. Property and Equipment
     Aset tetap pada awalnya diakui sebesar biaya                Property and equipment are initially recognized
     perolehan yang meliputi harga perolehannya                  at cost, which comprises its purchase price and
     dan setiap biaya yang dapat diatribusikan                   any cost directly attributable in bringing the
     langsung untuk membawa aset ke kondisi dan                  assets to the location and condition necessary
     lokasi yang diinginkan agar aset siap digunakan             for it to be capable of operating in the manner
     sesuai intensi manajemen.                                   intended by management.
    Apabila relevan, biaya perolehan juga dapat                  When applicable, the cost may also comprises
    mencakup estimasi awal biaya pembongkaran                    the initial estimate of the costs of dismantling
    dan pemindahan aset tetap dan restorasi lokasi               and removing the item and restoring the site on
    aset tetap, kewajiban tersebut timbul ketika aset            which it is located, the obligation for which an
    tetap diperoleh atau sebagai konsekuensi                     entity incurs either when the item is acquired or
    penggunaan aset tetap selama periode tertentu                as a consequence of having used the item
    untuk tujuan selain untuk memproduksi                        during a particular period for purposes other
    persediaan selama periode tersebut.                          than to produce inventories during that period.
    Setelah pengakuan awal, aset tetap kecuali                   After initial recognition, property and equipment,
    tanah dinyatakan sebesar biaya perolehan                     except land, are carried at its cost less any
    dikurangi akumulasi penyusutan dan akumulasi                 accumulated         depreciation,      and    any
    rugi penurunan nilai.                                        accumulated impairment losses.
    Tanah diakui sebesar harga perolehannya dan                  Lands are recognized at its cost and are not
    tidak disusutkan.                                            depreciated.
    Penyusutan aset tetap dimulai pada saat aset                 Depreciation of property and equipment starts
    tersebut siap untuk digunakan sesuai maksud                  when its available for use and its computed by
    penggunaannya      dan     dihitung  dengan                  using straight-line method based on the
    menggunakan metode garis lurus berdasarkan                   estimated useful lives of assets as follows:
    estimasi masa manfaat ekonomis aset sebagai
    berikut:

                                                 Tahun/ Years
    Renovasi                                        4 - 10                             Leasehold Improvements
    Peralatan Kantor, Perabotan dan                                      Office Equipment, Furniture and Fixtures
      Kendaraan                                         4-8                                         and Vehicle
    Jaringan Distribusi                                 5 - 15                              Distribution Network



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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

    Biaya pemeliharaan dan perbaikan dibebankan            The cost of repairs and maintenance is charged
    pada operasi tahun berjalan pada saat                  to operation as incurred while significant
    terjadinya,  sedangkan     pemugaran      dan          renovations and additions are capitalized. The
    penambahan dikapitalisasi. Nilai tercatat dari         carrying value of the part replaced was written-
    komponen yang diganti dihapusbukukan.                  off.

    Aset tetap yang dikonstruksi sendiri disajikan         Self-constructed property and equipment are
    sebagai bagian aset tetap sebagai “Aset dalam          presented as part of the property and
    Penyelesaian” dan dinyatakan sebesar biaya             equipment under “Construction in Progress”
    perolehannya. Semua biaya, yang terjadi                and are stated at its cost. All costs incurred in
    sehubungan dengan konstruksi aset tersebut             relation with the construction of these assets
    dikapitalisasi sebagai bagian dari biaya               are capitalized as part of the cost of assets in
    perolehan aset tetap dalam konstruksi. Biaya           construction. Cost of assets in construction
    perolehan aset tetap dalam konstruksi tidak            shall exclude any internal profits, cost of
    termasuk setiap laba internal, jumlah tidak            abnormal amounts of wasted material, labour,
    normal dari biaya pemborosan yang terjadi              or other resources incurred.
    dalam pemakaian bahan baku, tenaga kerja atau
    sumber daya lain.

    Akumulasi biaya perolehan yang           akan          The accumulated costs will be transferred to
    dipindahkan ke masing-masing pos aset tetap            the respective property and equipment items at
    yang sesuai pada saat aset tersebut selesai            the time the asset is completed or ready for use
    dikerjakan atau siap digunakan dan disusutkan          and are depreciated since the operation.
    sejak beroperasi.

    Nilai tercatat dari suatu aset tetap dihentikan        The carrying amount of an item of fixed assets
    pengakuannya pada saat pelepasan atau ketika           is derecognized on disposal or when no future
    tidak terdapat lagi manfaat ekonomi masa depan         economic benefits are expected from its use or
    yang diharapkan dari penggunaan atau                   disposal. Any gain or loss arrising from
    pelepasan. Keuntungan atau kerugian yang               derecognition (that determined as the
    timbul dari penghentian pengakuan tersebut             difference between the net disposal proceeds,
    (yang ditentukan sebesar selisih antara jumlah         if any, and the carrying amount of the item) is
    hasil pelepasan neto, jika ada, dan jumlah             included in profit or loss when item is
    tercatatnya) dimasukkan dalam laba rugi pada           derecognized.
    saat penghentian pengakuan tersebut dilakukan.

    Pada akhir periode pelaporan, Grup melakukan           At the end of each reporting period, the Group
    penelaahan berkala atas masa manfaat, nilai            made regular review of the useful lives, residual
    residu, metode penyusutan, dan sisa umur               values, depreciation method and residual life
    pemakaian berdasarkan kondisi teknis.                  based on the technical conditions.

    Jika aset tetap direvaluasi, maka akumulasi            When an item of property and equipment is
    penyusutan pada tanggal revaluasi diperlakukan         revalued, any accumulated depreciation at the
    dengan salah satu cara dieliminasi terhadap            date of the revaluation is treated in one of the
    jumlah tercatat bruto aset dan jumlah tercatat         following ways eliminated against the gross
    neto setelah eliminasi disajikan kembali sebesar       carrying amount of the asset and the net
    jumlah revaluasiannya dari aset tersebut.              amount restated to the revalued amount of the
                                                           asset.

    Jumlah penyesuaian yang timbul dari penyajian          The amount of the adjustment arising on the
    kembali atau eliminasi akumulasi penyusutan            restatement or elimination of accumulated
    tersebut membentuk bagian kenaikan atau                depreciation forms part of the increase or
    penurunan dalam jumlah tercatat.                       decrease in carrying amount.




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Page 263
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

    Jika jumlah tercatat aset meningkat akibat               If an asset’s carrying amount is increased as
    revaluasi, maka kenaikan tersebut diakui dalam           a result of a revaluation, the increase is
    penghasilan komprehensif lain dan terakumulasi           recognized in other comprehensive income and
    dalam ekuitas pada bagian surplus revaluasi.             accumulated in equity under the heading of
    Akan tetapi, kenaikan tersebut diakui dalam laba         revaluation surplus. However, the increase is
    rugi hingga sebesar jumlah penurunan nilai aset          recognized in profit or loss to the extent that it
    yang sama akibat revaluasi yang pernah diakui            reverses a revaluation decrease of the same
    sebelumnya dalam laba rugi.                              asset previously recognized in profit or loss.

    Jika jumlah tercatat aset turun akibat revaluasi,        If an asset’s carrying amount is decreased as a
    maka penurunan tersebut diakui dalam laba rugi.          result of a revaluation, the decrease is
    Akan tetapi, penurunan nilai tersebut diakui             recognized in profit or loss. However, the
    dalam penghasilan komprehensif lain sepanjang            decrease is recognized in other comprehensive
    tidak melebihi saldo surplus revaluasi untuk aset        income to the extent of any credit balance
    tersebut. Penurunan nilai yang diakui dalam              existing in the revaluation surplus in respect of
    penghasilan     komprehensif      lain   tersebut        that asset. The decrease recognized in other
    mengurangi jumlah akumulasi dalam ekuitas                comprehensive income reduces the amount
    pada bagian surplus revaluasi.                           accumulated in equity under the heading of
                                                             revaluation surplus.

    Revaluasi dilakukan dengan keteraturan yang              Revaluations is made with sufficient regularity
    cukup regular untuk memastikan bahwa jumlah              to ensure that the carrying amount does not
    tercatat tidak berbeda secara material dengan            differ materially from that which would be
    jumlah yang ditentukan dengan menggunakan                determined using fair value at the end of the
    nilai wajar pada akhir periode pelaporan.                reporting period.

2.k. Sewa                                               2.k. Leases
     Pada tanggal insepsi suatu kontrak, Grup                At inception of a contract, the Group assesses
     menilai apakah suatu kontrak merupakan, atau            whether a contract is, or contains, a lease.
     mengandung, sewa. Suatu kontrak merupakan,              A contract is, or contains, a lease if the contract
     atau mengandung sewa jika kontrak tersebut              conveys the right to control the use of an
     memberikan     hak    untuk     mengendalikan           identified asset for a period of time in exchange
     penggunaan suatu aset identifikasian selama             for consideration.
     suatu jangka waktu untuk dipertukarkan dengan
     imbalan.

    Untuk menilai apakah kontrak memberikan hak             To assess whether a contract conveys the right
    untuk      mengendalikan      penggunaan     aset       to control the use of an identified asset for
    identifikasian selama suatu jangka waktu, Grup          a period of time, the Group shall assess
    menilai apakah salama periode penggunaan,               whether, throughout the period of use, the
    Grup memiliki dua hal berikut:                          Group has both of the following:
    (a) Hak untuk mendapatkan secara subtansial             (a) The right to obtain substantially all of the
         seluruh manfaat ekonomi dari penggunaan                economic benefits from use of the identified
         aset identifikasian; dan                               asset; and
    (b) Hak untuk mengarahkan penggunaan aset               (b) The right to direct the use of the identified
         identifikasian, yaitu hanya jika:                      asset, only if either:
         (i) Grup memiliki hak untuk mengarahkan                (i) The Group has the right to direct how
              bagaimana dan untuk tujuan apa                         and for what purpose the asset is used
              aset    digunakan     selama   periode                 throughout the period of use; or
              penggunaan; atau
         (ii) Keputusan yang        relevan tentang              (ii)   The relevant decisions about how and
              bagaimana dan untuk tujuan apa aset                       for what purpose the asset is used are
              digunakan telah ditentukan sebelumnya                     predetermined and:
              dan:




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Page 264
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

           • Grup memiliki hak mengoperasikan                       • The Group has the right to operate
             aset (atau mengarahkan pihak                             the asset (or to direct others to
             lain untuk mengoperasikan aset                           operate the asset in a manner that
             dengan cara yang telah ditentukan)                       it determines) throughout the period
             selama periode penggunaan, tanpa                         of use, without the supplier having
             pemasok     memiliki   hak     untuk                     the right to change those operating
             mengubah instruksi operasi tersebut;                     instructions; or
             atau
           • Grup mendesain aset (atau aspek                        • The Group designed the asset (or
             tertentu dari aset) dengan cara                          specific aspects of the asset) in
             menetapkan sebelumnya bagaimana                          a way that predetermines how
             dan untuk tujuan apa aset akan                           and for what purpose the asset
             digunakan      selama        periode                     will be used throughout the period
             penggunaan.                                              of use.
    Grup sebagai Lessee                                    Group as Lessee
    Pada tanggal permulaan, Grup mengakui aset             At the commencement date, the Group shall
    hak-guna dan liabilitas sewa.                          recognise a right-of-use asset and a lease
                                                           liability.
    Setelah tanggal permulaan, Grup mengukur aset          After the commencement date, the Group shall
    hak-guna dengan menerapkan model biaya,                measure the right-of-use asset applying a cost
    yaitu biaya perolehan dikurangi akumulasi              model, which is cost less accumulated
    penyusutan dan akumulasi kerugian penurunan            depreciation and accumulated impairment
    nilai, serta disesuaikan dengan pengukuran             losses, and adjusted for remeasurement of
    kembali liabilitas sewa. Aset       hak-guna           lease liabilities. Right-of-use asset depreciated
    disusutkan dengan menggunakan metode garis             using straight line method.
    lurus.
    Jika sewa mengalihkan kepemilikan aset                 If the lease transfers ownership of the
    pendasar pada akhir masa sewa atau jika biaya          underlying asset to the lessee by the end of the
    perolehan   aset    hak-guna      merefleksikan        lease term or if the cost of the right-of-use asset
    penyewa akan mengeksekusi opsi beli, maka              reflects that the lessee will exercise a purchase
    penyewa menyusutkan aset hak-guna dari                 option, the lessee shall depreciate the right-of-
    tanggal permulaan hingga akhir umur manfaat            use asset from the commencement date to the
    aset pendasar, yang mengacu pada ketentuan             end of the useful life of the underlying asset,
    masa manfaat aset tetap. Jika tidak, maka aset         which refers to the terms of the useful life of the
    hak-guna disusutkan dari tanggal permulaan             fixed asset. Otherwise, the lessee shall
    hingga tanggal yang lebih awal antara akhir            depreciate the right-of-use asset from the
    umur manfaat aset hak-guna atau akhir masa             commencement date to the earlier of the end of
    sewa.                                                  the useful life of the right-of-use asset or the
                                                           end of the lease term.
    Pada tanggal permulaan, Grup mengukur                  At the commencement date, the Group shall
    liablitas sewa pada nilai kini pembayaran sewa         measure the lease liability at the present value
    yang belum dibayar pada tanggal tersebut.              of the lease payments that are not paid at that
    Pembayaran sewa didiskontokan dengan                   date. The lease payments shall be discounted
    menggunakan suku bunga implisit dalam sewa,            using the interest rate implicit in the lease, if
    jika suku bunga tersebut dapat ditentukan. Jika        that rate can be readily determined. If that rate
    suku bunga tersebut tidak dapat ditentukan,            cannot be readily determined, the Group shall
    maka Grup menggunakan suku bunga pinjaman              use the Group’s incremental borrowing rate.
    inkremental Grup.
    Setelah tanggal permulaan, Grup mengukur               After the commencement date, the Group shall
    liablitas sewa dengan:                                 measure the lease liability by:
     a. Meningkatkan     jumlah     tercatat    untuk      a. Increasing the carrying amount to reflect
        merefleksikan bunga atas liabilitas sewa;             interest on the lease liability;


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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                        FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                       December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                       (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)            Foreign Currencies, Unless Otherwise Stated)

    b. Mengurangi      jumlah     tercatat    untuk       b. Reducing the carrying amount to reflect the
       merefleksikan sewa yang telah dibayar;                lease payments made;
    c. Mengukur kembali jumlah tercatat untuk             c. Remeasuring the carrying amount to reflect
       merefleksikan    penilaian   kembali    atau          any reassessment or lease modifications, or
       modifikasi sewa atau untuk merefleksikan              to reflect revised in-substance fixed lease
       pembayaran sewa tetap secara substansi                payments.
       revisian.

    Liabilitas sewa diukur kembali ketika ada             It is remeasured when there is a change in
    perubahan pembayaran sewa masa depan yang             future lease payments arising from a change in
    timbul dari perubahan indeks atau suku bunga,         an index or rate, if there is a change in the
    jika ada perubahan estimasi Grup atas jumlah          Group estimate of the amount expected to be
    yang diperkirakan akan dibayar dalam jaminan          payable under a residual value guarantee, or if
    nilai residual, atau jika Grup mengubah               the Group changes its assessment of whether it
    penilaiannya apakah akan mengeksekusi opsi            will exercise a purchase, extension or
    beli, perpanjangan atau penghentian.                  termination option.

    Ketika utang sewa diukur kembali dengan cara          When the lease liability is remeasured in this
    ini, penyesuaian terkait dilakukan terhadap           way, a corresponding adjustment is made to
    jumlah tercatat aset hak-guna, atau dicatat           the carrying amount of the right-of-use assets,
    dalam laba rugi jika jumlah tercatat aset hak-        or is recorded in profit or loss if the carrying
    guna telah berkurang menjadi nol.                     amount of the right-of-use asset has been
                                                          reduced to zero.

    Modifikasi sewa                                       Lease modification
    Grup mencatat modifikasi sewa sebagai sewa            The Group accounts for a lease modification as
    terpisah jika:                                        a separate lease if both:
    • Modifikasi meningkatkan ruang lingkup sewa          • The modification increases the scope of the
       dengan       menambahkan    hak      untuk            lease by adding the right to use one or more
       menggunakan satu aset pendasar atau lebih;            underlying assets; and
       dan
    • Imbalan sewa meningkat sebesar jumlah               • The consideration for the lease increases by
       yang setara dengan harga tersendiri untuk            an amount commensurate with the stand-
       peningkatan dalam ruang lingkup dan                  alone price for the increase in scope and any
       penyesuaian yang tepat pada harga                    appropriate adjustments to that stand-alone
       tersendiri tersebut untuk merefleksikan              price to reflect the circumstances of the
       kondisi kontrak tertentu.                            particular contract.

    Untuk modifikasi sewa yang tidak dicatat              For a lease modification that is not accounted
    sebagai sewa terpisah, pada tanggal efektif           for as a separate lease, at the effective date of
    modifikasi sewa, Grup:                                the lease modification, the Group:
    • Mengukur kembali dan mengalokasikan                 • Remeasure and allocate the consideration in
       imbalan kontrak modifikasian;                         the modified contract;
    • Menentukan masa sewa dari sewa                      • Determine the lease term of the modified
       modifikasian;                                         lease;
    • Mengukur kembali liabilitas sewa dengan             • Remeasure the lease liability by discounting
       mendiskontokan pembayaran sewa revision               the revised lease payments using a revised
       menggunakan tingkat diskonto revision                 discount rate on the basis of the remaining
       berdasarkan sisa umur sewa dan sisa                   lease term and the remaining lease payment
       pembayaran sewa dengan melakukan                      with a corresponding adjustment to the right-
       penyesuaian terhadap aset hak-guna.                   of-use assets. The revised discount rate is
       Tingkat diskonto revisian ditentukan sebagai          determined as the Group’s incremental
       suku bunga pinjaman inkremental Grup pada             borrowing rate at the effective date of the
       tanggal efektif modifikasi;                           modification;



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Page 266
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

    • Menurunkan jumlah tercatat aset hak-guna                • Decrease the carrying amount of the right of-
      untuk merefleksikan penghentian sebagian                  use asset to reflect the partial or full
      atau sepenuhnya sewa untuk modifikasi                     termination of the lease for lease
      sewa yang menurunkan ruang lingkup sewa.                  modifications that decrease the scope of the
      Grup mengakui dalam laba rugi setiap laba                 lease. The Group recognize in profit or loss
      rugi yang terkait dengan penghentian                      any gain or loss relating to the partial or full
      sebagian      atau   sepenuhnya     sewa                  termination of the lease; and
      tersebut; dan
    • Membuat penyesuaian terkait dengan asset                • Make a corresponding adjustment to the
      hak-guna untuk seluruh modifikasi sewa                    right-of-use asset for all other lease
      lainnya.                                                  modifications.
    Sewa jangka pendek dan sewa aset bernilai                 Short-term leases and leases of low-value
    rendah                                                    assets
    Grup telah memilih untuk tidak mengakui aset              The Group has elected not to recognise right-
    hak guna dan liabilitas sewa untuk sewa aset              of-use assets and lease liabilities for leases of
    bernilai rendah dan sewa jangka pendek. Grup              low-value assets and short-term leases. The
    mengakui pembayaran sewa terkait dengan                   Group recognises the lease payments
    sewa ini sebagai beban dengan dasar garis lurus           associated with these leases as an expense on
    selama masa sewa.                                         a straight-line basis over the lease term.
2.l. Penurunan Nilai Aset                                 2.l. Impairment Asset
     Pada setiap akhir periode pelaporan, Grup                  At the end of each reporting period, the Group
      menilai apakah terdapat indikasi aset mengalami           assess whether there is any indication that an
      penurunan nilai. Jika terdapat indikasi tersebut,         asset may be impaired. If any such indication
      Grup mengestimasi jumlah terpulihkan aset                 exists, the Group shall estimate the recoverable
      tersebut. Jumlah terpulihkan ditentukan atas              amount of the asset. Recoverable amount is
      suatu     aset  individual,   dan    jika   tidak         determined for an individual asset, if it is not
      memungkinkan, Grup menentukan jumlah                      possible, the Group determines the recoverable
      terpulihkan dari unit penghasil kas dari aset             amount of the asset’s cash generating unit.
      tersebut.
    Jumlah terpulihkan adalah jumlah yang lebih               The recoverable amount is the higher of fair
    tinggi antara nilai wajar dikurangi biaya                 value less costs to sell and its value in use.
    pelepasan dengan nilai pakainya. Nilai pakai              Value in use is the present value of the
    adalah nilai kini dari arus kas yang diharapkan           estimated future cash flows of the asset or cash
    akan diterima dari aset atau unit penghasil kas.          generating unit. Present values are computed
    Nilai kini dihitung dengan menggunakan tingkat            using pre-tax discount rates that reflect the time
    diskonto sebelum pajak yang mencerminkan nilai            value of money and the risks specific to the
    waktu uang dan risiko spesifik atas aset atau unit        asset or unit whose impairment is being
    yang penurunan nilainya diukur.                           measured.
    Jika, dan hanya jika, jumlah terpulihkan aset             If, and only if, the recoverable amount of an
    lebih kecil dari jumlah tercatatnya, maka jumlah          asset is less than its carrying amount, the
    tercatat aset diturunkan menjadi sebesar jumlah           carrying amount of the asset shall be reduced
    terpulihkan. Penurunan tersebut adalah rugi               to its recoverable amount. The reduction is an
    penurunan nilai dan segera diakui dalam laba              impairment loss and is recognized immediately
    rugi.                                                     in profit or loss.
    Rugi penurunan nilai yang telah diakui dalam              An impairment loss recognized in prior period
    periode sebelumnya untuk aset selain goodwill             for an asset other than goodwill is reversed if,
    dibalik jika, dan hanya jika, terdapat perubahan          and only if, there has been a change in the
    estimasi yang digunakan untuk menentukan                  estimates used to determine the asset’s
    jumlah terpulihkan aset tersebut sejak rugi               recoverable amount since the last impairment
    penurunan nilai terakhir diakui. Jika demikian,           loss was recognized. If this is the case, the
    jumlah tercatat aset dinaikkan ke jumlah                  carrying amount of the asset shall be increased
    terpulihkannya. Kenaikan ini merupakan suatu              to its recoverable amount. That increase is
    pembalikan rugi penurunan nilai.                          a reversal of an impairment loss.

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Page 267
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                             PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                          (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)               Foreign Currencies, Unless Otherwise Stated)

2.m. Pengakuan Pendapatan dan Beban                      2.m. Revenue and Expenses Recognition
    Grup menerapkan PSAK 115: Pendapatan dari                 The Group implements PSAK 115: Revenue
    Kontrak dengan Pelanggan, yang mensyaratkan               from Contracts with Customers, which requires
    pengakuan pendapatan untuk memenuhi                       revenue recognition to fulfill 5 (five) steps
    5 (lima) langkah analisis sebagai berikut:                of assessment as follows:
    1. Identifikasi kontrak dengan pelanggan;                 1. Identify contract(s) with a customer;
    2. Identifikasi kewajiban pelaksanaan dalam               2. Identify the performance obligations in the
        kontrak. Kewajiban pelaksanaan merupakan                  contracts. Performance obligations are
        janji-janji dalam kontrak untuk menyerahkan               promises in the contract to deliver goods or
        barang atau jasa yang memiliki karakteristik              services that have different characteristics
        berbeda ke pelanggan;                                     to customers;
    3. Menetapkan         harga    transaksi,  setelah        3. Determine the transaction price, net of
        dikurangi diskon, insentif penjualan dan pajak            discounts, sales incentives and value
        pertambahan nilai, yang berhak diperoleh                  added tax, which an entity expects to be
        suatu entitas sebagai kompensasi atas                     entitled in exchange for transferring the
        diserahkannya barang atau jasa yang                       promised goods or services to a customer;
        dijanjikan di kontrak;
    4. Alokasi harga transaksi ke setiap kewajiban           4. Allocate the transaction price to each
        pelaksanaan dengan menggunakan dasar                    performance obligation on the basis of the
        harga jual berdiri sendiri relatif dari                 relative stand-alone selling prices of each
        setiap barang atau jasa berbeda yang                    distinct goods or services promised in the
        dijanjikan di kontrak. Ketika tidak dapat               contract. Where these are not directly
        diamati secara langsung, harga jual berdiri             observable, the relative stand-alone selling
        sendiri relatif diperkirakan berdasarkan biaya          price are estimated based on expected cost
        yang diharapkan ditambah marjin;                        plus margin;
    5. Pengakuan pendapatan ketika kewajiban                 5. Recognize revenue when performance
        pelaksanaan        telah    dipenuhi   dengan           obligation is satisfied by transferring
        menyerahkan barang atau jasa yang                       a promised goods or services to a customer
        dijanjikan ke pelanggan (ketika pelanggan               (which is when the customer obtains control
        telah memiliki kendali atas barang atau jasa            of that goods or services). Revenue is
        tersebut). Pendapatan diakui ketika Grup                recognized when the Group satisfies
        memenuhi kewajiban pelaksanaan dengan                   a performance obligation by transferring
        mengalihkan barang atau jasa yang dijanjikan            a promised good or service to the customer
        kepada pelanggan, yaitu ketika pelanggan                obtains control of the good or service.
        memperoleh pengendalian barang atau jasa                A performance obligation may be satisfied
        tersebut. Kewajiban pelaksanaan dapat                   at point in time. The amount of revenue
        dipenuhi pada waktu tertentu. Jumlah                    recognized is the amount allocated to the
        pendapatan yang diakui adalah jumlah yang               satisfied performance obligation.
        dialokasikan untuk kewajiban pelaksanaan
        yang dipenuhi.

    Pendapatan dari penjualan barang diakui ketika           Revenue from sales of goods is recognized
    pengendalian dialihkan kepada pelanggan.                 when control transfers to the customer. There
    Terdapat     kondisi    dimana    pertimbangan           may be circumstances when judgement is
    diperlukan     berdasarkan     lima     indikator        required based on the five indicators of control
    pengendalian di bawah ini:                               below:
    1. Pelanggan telah memiliki risiko dan manfaat           1. The customer has the significant risks and
       signifikan atas kepemilikan aset dan                     rewards of ownership and has the ability to
       memperoleh          kemampuan           untuk            direct the use of, and obtain substantially all
       mengarahkan       penggunaan     atas,    dan            of the remaining benefits from the goods;
       memperoleh secara substansial seluruh sisa
       manfaat dari barang;
    2. Pelanggan memiliki kewajiban kini untuk               2. The customer has a present obligation to
       membayar sesuai dengan syarat dan                        pay in accordance with the terms of the
       ketentuan dalam kontrak penjualan;                       sales contract;



                                         Pesetujuan unt32                                 Paraf/ Sign:
Page 268
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

    3. Pelanggan      telah    menerima     barang.           3. The customer has accepted the goods.
       Penjualan barang dapat tergantung pada                    Sales revenue may be subject to adjustment
       penyesuaian berdasarkan inspeksi terhadap                 based on the inspection of shipments by the
       pengiriman oleh pelanggan. Dalam hal ini,                 customer. In these cases, sales are
       penjualan diakui berdasarkan estimasi                     recognised based on the Group’s best
       terbaik Grup terhadap kualitas dan/atau                   estimate of the grade and/or quantity at the
       kuantitas saat pengiriman, dan penyesuaian                time of shipment, and any subsequent
       kemudian dicatat dalam akun pendapatan.                   adjustments are recorded against revenue.
       Secara historis, perbedaan antara kualitas                Historically,   the  differences     between
       dan kuantitas, estimasi dan/atau aktual tidak             estimated and actual grade and/or quantity
       signifikan;                                               are not significant;
    4. Pelanggan telah memiliki hak kepemilikan               4. The customer has legal title to the goods;
       legal atas barang;
    5. Pelanggan telah menerima kepemilikan fisik             5. The customer has physical possession of
       atas barang.                                              the goods.

    Beban diakui pada saat terjadinya dengan dasar            Expenses are recognized when incurred on an
    akrual.                                                   accrual basis.

2.n. Pajak Penghasilan                                    2.n. Income Tax
     Beban pajak adalah jumlah gabungan pajak kini             Tax expense is the aggregate amount included
     dan pajak tangguhan yang diperhitungkan dalam             in the determination of profit or loss for the
     menentukan laba rugi pada suatu periode. Pajak            period in respect of current tax and deferred
     kini dan pajak tangguhan diakui dalam laba rugi,          tax. Current tax and deferred tax is recognized
     kecuali pajak penghasilan yang timbul dari                in profit or loss, except for income tax arising
     transaksi atau peristiwa yang diakui dalam                from transactions or events that are recognized
     penghasilan komprehensif lain atau secara                 in other comprehensive income or directly in
     langsung di ekuitas. Dalam hal ini, pajak tersebut        equity. In this case, the tax is recognized in
     masing-masing diakui dalam penghasilan                    other comprehensive income or equity,
     komprehensif lain atau ekuitas.                           respectively.

    Jumlah pajak kini untuk periode berjalan dan              Current tax for current and prior periods shall,
    periode sebelumnya yang belum dibayar diakui              to the extent unpaid, be recognised as a
    sebagai liabilitas. Jika jumlah pajak yang telah          liability. If the amount already paid in respect of
    dibayar untuk periode berjalan dan periode-               current and prior periods exceeds the amount
    periode sebelumnya melebihi jumlah pajak yang             due for those periods, the excess shall be
    terutang    untuk     periode   tersebut,   maka          recognised as an asset. Current tax liabilities
    kelebihannya diakui sebagai aset. Liabilitas              (assets) for the current and prior periods shall
    (aset) pajak kini untuk periode berjalan dan              be measured at the amount expected to be
    periode sebelumnya diukur sebesar jumlah yang             paid to (recovered from) the taxation
    diperkirakan akan dibayar kepada (direstitusi             authorities, using the tax rates (and tax laws)
    dari) otoritas perpajakan, yang dihitung                  that have been enacted or substantively
    menggunakan tarif pajak (dan undang-undang                enacted by the end of the reporting period.
    pajak) yang telah berlaku atau secara substantif
    telah berlaku pada akhir periode pelaporan.

    Manfaat terkait dengan rugi pajak yang dapat              Tax benefits relating to tax loss that can be
    ditarik untuk memulihkan pajak kini dari periode          carried back to recover current tax of a
    sebelumnya diakui sebagai aset. Aset pajak                previous periods is recognized as an asset.
    tangguhan diakui untuk akumulasi rugi pajak               Deferred tax asset is recognized for the
    belum dikompensasi dan kredit pajak belum                 carryforward of unused tax losses and unused
    dimanfaatkan sepanjang kemungkinan besar                  tax credit to the extent that it is probable that
    laba kena pajak masa depan akan tersedia                  future taxable profit will be available against
    untuk dimanfaatkan dengan rugi pajak belum                which the unused tax losses and unused tax
    dikompensasi     dan   kredit   pajak     belum           credits can be utilized.
    dimanfaatkan.

                                          Pesetujuan unt33                                  Paraf/ Sign:
Page 269
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

    Seluruh perbedaan temporer kena pajak diakui            A deferred tax liability shall be recognized for all
    sebagai liabilitas pajak tangguhan, kecuali             taxable temporary differences, except to the
    perbedaan temporer kena pajak yang berasal              extent that the deferred tax liability arises from:
    dari:
    a) Pengakuan awal goodwill; atau                        a)   The initial recognition of goodwill; or
    b) Pengakuan awal aset atau liabilitas dari             b)   The initial recognition of an asset or
          transaksi yang bukan kombinasi bisnis dan              liability in a transaction which is not a
          pada saat transaksi tidak mempengaruhi                 business combination and at the time of
          laba akuntansi atau laba kena pajak (rugi              the transaction, affects neither accounting
          pajak).                                                profit nor taxable profit (tax loss).

    Aset pajak tangguhan diakui untuk seluruh               A deferred tax asset shall be recognized for all
    perbedaan     temporer    dapat    dikurangkan          deductible temporary differences to the extent
    sepanjang kemungkinan besar laba kena pajak             that it is probable that taxable profit will be
    akan tersedia sehingga perbedaan temporer               available against which the deductible
    dapat dimanfaatkan untuk mengurangi laba                temporary difference can be utilized, unless the
    dimaksud, kecuali jika aset pajak tangguhan             deferred tax asset arises from the initial
    timbul dari pengakuan awal aset atau                    recognition of an asset or liability in a
    pengakuan awal liabilitas dalam transaksi yang          transaction that is not a business combination
    bukan kombinasi bisnis dan pada saat transaksi          and at the time of the transaction affects neither
    tidak mempengaruhi laba akuntansi atau laba             accounting profit nor taxable profit (tax loss).
    kena pajak (rugi pajak).

    Aset dan liabilitas pajak tangguhan diukur              Deferred tax assets and liabilities are measured
    dengan menggunakan tarif pajak yang                     at the tax rates that are expected to apply
    diharapkan berlaku ketika aset dipulihkan               to the period when the asset is realized or
    atau liabilitas diselesaikan, berdasarkan tarif         the liability is settled, based on tax rates (and
    pajak (dan peraturan pajak) yang telah berlaku          tax laws) that have been enacted or
    atau secara substantif telah berlaku pada               substantively enacted by the end of the
    akhir periode pelaporan. Pengukuran aset                reporting period. The measurement of deferred
    dan liabilitas pajak tangguhan mencerminkan             tax liabilities and deferred tax assets shall
    konsekuensi pajak yang sesuai dengan                    reflect the tax consequences that would follow
    cara Grup memperkirakan, pada akhir periode             from the manner in which the Group expects, at
    pelaporan,      untuk      memulihkan     atau          the end of the reporting period, to recover or
    menyelesaikan jumlah tercatat aset dan                  settle the carrying amount of its assets and
    liabilitasnya.                                          liabilities.

    Jumlah tercatat aset pajak tangguhan ditelaah           The carrying amount of a deferred tax asset
    ulang pada akhir periode pelaporan. Grup                reviewed at the end of each reporting period.
    mengurangi jumlah tercatat aset pajak                   The Group shall reduce the carrying amount
    tangguhan jika kemungkinan besar laba kena              of a deferred tax asset to the extent that it is no
    pajak tidak lagi tersedia dalam jumlah yang             longer probable that sufficient taxable profit will
    memadai untuk mengompensasikan sebagian                 be available to allow the benefit of part or all
    atau seluruh aset pajak tangguhan tersebut.             of that deferred tax asset to be utilized. Any
    Setiap     pengurangan    tersebut  dilakukan           such reduction shall be reversed to the extent
    pembalikan atas aset pajak tangguhan hingga             that it becomes probable that sufficient taxable
    kemungkinan besar laba kena pajak yang                  profit will be available.
    tersedia jumlahnya memadai.

    Grup melakukan saling hapus aset pajak                  The Group offset deferred tax assets and
    tangguhan dan liabilitas pajak tangguhan jika           deferred tax liabilities if, and only if:
    dan hanya jika:
    a) Grup memiliki hak yang dapat dipaksakan              a) The Group has a legally enforceable right to
       secara hukum untuk melakukan saling hapus               set off current tax assets against current tax
       aset pajak kini terhadap liabilitas pajak kini;         liabilities; and
       dan

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                    PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                 (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                      Foreign Currencies, Unless Otherwise Stated)

    b) Aset pajak tangguhan dan liabilitas pajak                    b) The deferred tax assets and the deferred tax
       tangguhan terkait dengan pajak penghasilan                      liabilities relate to income taxes levied by the
       yang dikenakan oleh otoritas perpajakan                         same taxation authority on either:
       yang sama atas:
       i. Entitas kena pajak yang sama; atau                           i. The same taxable entity; or
       ii. Entitas kena pajak yang berbeda yang                        ii. Different taxable entities which intend
           bermaksud untuk memulihkan aset                                 either to settle current tax liabilities
           dan     liabilitas    pajak      kini    dengan                 and assets on a net basis, or to realize
           dasar neto, atau merealisasikan aset dan                        the assets and settle the liabilities
           menyelesaikan           liabilitas        secara                simultaneously, in each future period
           bersamaan, pada setiap periode masa                             in which significant amounts of deferred
           depan dimana jumlah signifikan atas aset                        tax liabilities or assets are expected
           atau       liabilitas   pajak         tangguhan                 to be settled or recovered.
           diperkirakan untuk diselesaikan atau
           dipulihkan.

    Grup melakukan saling hapus atas aset pajak                   The Group offset current tax assets and current
    kini dan liabilitas pajak kini jika dan hanya jika,           tax liabilities if, and only if, the Group:
    Grup:
    a) Memiliki hak yang dapat dipaksakan secara                  a) Has legally enforceable right to set off
         hukum untuk melakukan saling hapus atas                     the recognized amounts; and
         jumlah yang diakui; dan
    b) Bermaksud untuk menyelesaikan dengan                       b) Intends either to settle on a net basis, or to
         dasar neto atau merealisasikan aset dan                     realize the assets and settle liabilities
         menyelesaikan liabilitas secara bersamaan.                  simultaneously.

2.o. Aset dan Liabilitas Pengampunan Pajak                      2.o. Tax Amnesty Assets and Liabilities
     Aset Pengampunan Pajak dan Liabilitas                           Tax Amnesty Assets and Liabilities are
     Pengampunan Pajak diakui pada saat Surat                        recognized upon the issuance of Surat
     Keterangan Pengampunan Pajak (SKPP)                             Keterangan Pengampunan Pajak (SKPP) by
     diterbitkan oleh Menteri Keuangan Republik                      the Ministry of Finance of Republic of
     Indonesia, dan tidak diakui secara neto (saling                 Indonesia, and they are not recognized as net
     hapus). Selisih antara Aset Pengampunan Pajak                   amount (offset). The difference between Tax
     dan Liabilitas Pengampunan Pajak diakui                         Amnesty Assets and Tax Amnesty Liabilities
     sebagai Tambahan Modal Disetor.                                 are recognized as Additional Paid in Capital.

    Aset Pengampunan Pajak pada awalnya diakui                      Tax Amnesty Assets are initially recognized
    sebesar nilai yang disetujui dalam SKPP.                        at the value stated in SKPP. Tax Amnesty
    Liabilitas Pengampunan Pajak pada awalnya                       Liabilities are initially measured at the amount
    diakui sebesar nilai kas dan setara kas yang                    of cash or cash equivalents to be settled
    masih harus dibayarkan oleh Grup sesuai                         by the Group according to the contractual
    kewajiban kontraktual atas perolehan Aset                       obligation with respect to the acquisition
    Pengampunan Pajak.                                              of respective Tax Amnesty Assets.

    Uang tebusan yang dibayarkan oleh Grup untuk                    The redemption money paid by the Group to
    memperoleh pengampunan pajak diakui sebagai                     obtain the tax amnesty is recognized as
    beban pada periode dimana SKPP diterima oleh                    expense in the period in which the Group
    Grup.                                                           receives SKPP.

    Setelah pengakuan awal, Aset dan Liabilitas                     After initial recognition, Tax Amnesty Assets
    Pengampunan Pajak diukur sesuai dengan SAK                      and Liabilities are measured in accordance
    yang relevan sesuai dengan klasifikasi masing-                  with respective relevant SAKs according to
    masing Aset dan Liabilitas Pengampunan Pajak.                   the classification of each Tax Amnesty Assets
                                                                    and Liabilities.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

    Sehubungan dengan Aset dan Liabilitas                        With respect to Tax Amnesty Assets and
    Pengampunan Pajak yang diakui, Grup telah                    Liabilities recognized, the Group has disclosed
    mengungkapkan dalam laporan keuangannya:                     the following in its financial statements:
    a. Tanggal SKPP;                                             a. The date of SKPP;
    b. Jumlah    yang  diakui    sebagai  Aset                   b. Amount recognized as Tax Amnesty Assets
       Pengampunan Pajak sesuai SKPP;                               in accordance with SKPP;
    c. Jumlah yang diakui sebagai Liabilitas                     c. Amount recognized as Tax Amnesty
       Pengampunan Pajak.                                           Liabilities.

2.p. Biaya Emisi Saham                                      2.p. Stock Issuance Costs
     Biaya emisi saham merupakan biaya yang                      Stock issuance costs represent expenses
     berkaitan dengan penerbitan saham Grup. Biaya               which relate to the issuance of the stock of the
     ini mencakup fee dan komisi yang dibayarkan                 Group. These expenses include fee and
     kepada penjamin emisi, lembaga dan profesi                  commission which paid to underwriter, stock
     penunjang pasar modal, serta biaya pencetakan               exchanges’        supporting    institutions    and
     dokumen     pernyataan     pendaftaran,    biaya            professionals, and registration document
     pencatatan efek ekuitas di bursa efek, dan biaya            printing expenses, listing at stock exchange
     promosi. Biaya-biaya yang berkaitan dengan                  expense and promotion expenses. Expenses
     pencatatan saham di bursa efek atas saham                   relate to the listing of outstanding stock at stock
     yang sudah beredar dan biaya yang berkaitan                 exchange and expenses relate to stock
     dengan dividen saham dan pemecahan saham                    dividend and stock split does not included in
     tidak termasuk dalam pos biaya emisi efek                   stock issuance cost.
     ekuitas.

    Beban yang terjadi sehubungan dengan                         The expenses incurred with regard to the
    penawaran saham Grup kepada masyarakat                       shares offered by the Group to public will be
    dibebankan ke “Tambahan Modal Disetor”.                      charged into “Additional Paid In Capital”.

2.q. Segmen Operasi                                         2.q. Operating Segments
     Segmen operasi dilaporkan dengan cara yang                  Operating segments are reported in a manner
     konsisten dengan pelaporan internal yang                    consistent with the internal reporting provided to
     diberikan    kepada   pengambil   keputusan                 the chief operating decision-maker. The chief
     operasional. Pengambil keputusan operasional                operating decision-maker is responsible for
     bertanggung jawab untuk mengalokasikan                      allocating resources, assessing performance of
     sumber daya, menilai kinerja segmen operasi                 the operating segments and making strategic
     dan membuat keputusan strategis.                            decisions.

    Sejak Keputusan Menteri Komunikasi dan                       Since Decree of Minister of Communication and
    Informatika dan menghentikan penggunaan pita                 Informatics and ceased the utilization of the
    frekuensi radio untuk Penyelenggaraan Jaringan               radio frequency band for Implementation of
    Tetap Lokal Berbasis Packet Switched yang                    Local Fixed Network Packet Switched using 2.3
    Menggunakan         Pita   Frekuensi    Radio                GHz Radio Frequency Band for Wireless
    2,3 GHz untuk Keperluan Layanan Pita Lebar                   Broadband, the Group not present separated
    Nirkabel (Wireless Broadband), Grup tidak                    operating segment information and managed all
    menyajikan informasi segmen operasi secara                   assets and business in a centralized basis.
    terpisah dan mengelola seluruh aset dan bisnis
    secara tersentralisasi.

2.r. Laba per Saham                                         2.r. Earning per Share
     Laba per saham dasar dihitung dengan                        Basic earning per share is computed by
     membagi laba atau rugi yang dapat diatribusikan             dividing the profit or loss attributable to ordinary
     kepada pemegang saham biasa entitas induk                   equity holders of the parent entity by the
     dengan jumlah rata-rata tertimbang saham biasa              weighted average number of ordinary shares
     yang beredar sepanjang tahun.                               outstanding during the year.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

    Untuk tujuan penghitungan laba per saham                   For the purpose of calculationg diluted earning
    dilusian, Grup menyesuaikan laba atau rugi yang            per share, the Group shall adjust profit or loss
    dapat diatribusikan kepada pemegang saham                  attributable to ordinary equity holders of the
    biasa entitas induk dan jumlah rata-rata                   parent entity, and the weighted average
    tertimbang saham yang beredar, atas dampak                 number of shares outstanding, for the effect of
    dari seluruh instrumen berpotensi saham biasa              all dilutive potential ordinary shares.
    yang bersifat dilutif.

2.s. Investasi pada Entitas Asosiasi                       2.s. Investment in Associate
     Entitas asosiasi adalah entitas dimana Grup                Associates are entities which the Group has the
     memiliki kekuasaan untuk berpartisipasi dalam              power to participate in the financial and
     keputusan kebijakan keuangan dan operasional               operating policy decisions of the investee but is
     investee, tetapi tidak mengendalikan atau                  not control or joint control over those policies
     mengendalikan bersama atas kebijakan tersebut              (significant influence).
     (pengaruh signifikan).

    Investasi pada entitas asosiasi dicatat dengan             Investment in associates accounted for using
    menggunakan metode ekuitas. Dalam metode                   the equity method. Under the equity method,
    ekuitas, pengakuan awal investasi diakui                   the investment in an associate is initially
    sebesar biaya perolehan, dan jumlah tercatat               recognised at cost and the carrying amount is
    ditambah atau dikurang untuk mengakui bagian               increased or decreased to recognise the
    atas laba rugi investee setelah tanggal                    investor’s share of the profit or loss of the
    perolehan. Bagian atas laba rugi investee diakui           investee after the date of acquisition. The
    dalam laba rugi. Penerimaan distribusi dari                investor’s share of the profit or loss of the
    investee mengurangi nilai tercatat investasi.              investee is recognised in profit or loss.
    Penyesuaian terhadap jumlah tercatat tersebut              Distributions received from an investee reduce
    juga mungkin dibutuhkan untuk perubahan                    the carrying amount of the investment.
    dalam proporsi bagian investor atas investee               Adjustments to the carrying amount may also
    yang timbul dari penghasilan komprehensif lain,            be necessary for changes in the investor’s
    termasuk perubahan yang timbul dari revaluasi              proportionate interest in the investee arising
    aset tetap dan selisih penjabaran valuta asing.            from changes in the investee’s other
    Bagian investor atas perubahan tersebut diakui             comprehensive income, including those arising
    dalam penghasilan komprehensif lain.                       from the revaluation of property and equipment
                                                               and from foreign exchange translation
                                                               differences. The investor’s share of those
                                                               changes is recognized in other comprehensive
                                                               income.

    Laporan keuangan konsolidasian Grup disusun                The Group’s consolidated financial statements
    dengan menggunakan kebijakan akuntansi yang                shall be prepared using uniform accounting
    sama untuk transaksi dan peristiwa dalam                   policies for like transactions and events in
    keadaan    serupa.    Bila  entitas   asosiasi             similar circumstances. If an associate uses
    menggunakan     kebijakan   akuntansi    yang              accounting policies other than those of the
    berbeda dengan entitas untuk transaksi dan                 Group's for like transactions and events in
    peristiwa dalam keadaan serupa, maka                       similar circumstances, adjustments shall be
    penyesuaian dilakukan untuk menyamakan                     made to make the associate’s accounting
    kebijakan akuntansi entitas asosiasi dengan                policies conform to those of the Group when
    kebijakan akuntansi Grup ketika laporan                    the associate’s financial statements are used
    keuangan entitas asosiasi tersebut digunakan               by the Group in applying the equity method.
    oleh Grup dalam menerapkan metode ekuitas.

    Keuntungan dan kerugian yang dihasilkan dari               Gains and losses resulting from upstream and
    transaksi hilir dan hulu antara Grup dan entitas           downstream transactions between the Group
    asoisasi diakui dalam laporan keuangan                     and its associate are recognised in the Group’s
    konsolidasian Grup hanya sebesar bagian                    consolidated financial statements only to the
    investor lain dalam entitas asosiasi. Bagian Grup          extent of unrelated investors’ interests in the

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

    atas keuntungan atau kerugian entitas asosiasi               associate. The Group’s share in the associate’s
    yang dihasilkan dari transaksi tersebut                      gains or losses resulting from these
    dieliminasi.                                                 transactions is eliminated.

    Jika bagian Grup atas rugi entitas asosiasi sama             If the Group’s share of losses of an associate
    dengan atau melebihi kepentingannya pada                     equals or exceeds its interest in the associate,
    entitas asosiasi, maka Grup menghentikan                     it discontinues recognizing its share of further
    pengakuan bagiannya atas rugi lebih lanjut.                  losses. After the Group’s interest is reduced to
    Setelah kepentingan Grup dikurangkan menjadi                 nil, additional losses are provided for and
    nol, tambahan kerugian dicadangkan, dan                      a liability is recognized only to the extent that
    liabilitas diakui, hanya sepanjang Grup memiliki             the Group has incurred legal or constructive
    kewajiban konstruktif atau hukum, atau                       obligations or made payments on behalf
    melakukan pembayaran atas nama entitas                       of the associate. If the associate subsequently
    asosiasi. Jika entitas asosiasi kemudian                     reports profits, the Group resumes to recognize
    melaporkan laba, maka Grup mulai mengakui                    its share of those profits only after its share
    bagiannya atas laba tersebut hanya setelah                   of the profits equals to the unrecognized share
    bagiannya atas laba tersebut sama dengan                     of losses.
    bagian atas rugi yang belum diakui.

    Grup menghentikan penggunaan metode ekuitas                  The Group discontinue the use of the equity
    sejak tanggal ketika investasinya berhenti                   method from the date when its investment
    menjadi investasi pada entitas asosiasi sebagai              ceases to be an associate as follows:
    berikut:
    (a) Jika investasi menjadi entitas anak.                     (a)   If the investment becomes a subsidiary.

    (b) Jika sisa kepentingan dalam entitas                      (b)   If the retained interest in the former
        asosiasi merupakan aset keuangan, maka                         associate is a financial asset, the Group
        Grup mengukur sisa kepentingan tersebut                        measures the retained interest at fair
        pada nilai wajar.                                              value.
    (c) Ketika Grup menghentikan penggunaan                      (c)   When the Group discontinue the use of
        metode ekuitas, Grup mencatat seluruh                          the equity method, the Group account for
        jumlah yang sebelumnya telah diakui dalam                      all amounts previously recognized in other
        penghasilan komprehensif lain yang terkait                     comprehensive income in relation to that
        dengan investasi tersebut menggunakan                          investment on the same basis as would
        dasar perlakuan yang sama dengan yang                          have been required if the investee had
        disyaratkan jika investee telah melepaskan                     directly disposed of the related assets or
        secara langsung aset dan liabilitas terkait.                   liabilities.

    Jika investasi pada entitas asosiasi menjadi                  If the investment in associate becomes
    entitas anak, maka Grup mencatat invetasainya                 a subsidiary, the Group shall account for
    sesuai dengan PSAK 103: Kombinasi Bisnis dan                  its investment in accordance with PSAK 103:
    PSAK 110: Laporan Keuangan Konsolidasi.                       Business Combinations and PSAK 110:
                                                                  Consolidated Financial Statements.

2.t. Kombinasi Bisnis                                        2.t. Business Combination
     Kombinasi bisnis adalah suatu transaksi atau                 Business combination is a transaction or other
     peristiwa lain dimana pihak pengakuisisi                     event in which an acquirer obtains control of
     memperoleh pengendalian atas satu atau lebih                 one or more businesses. Business combination
     bisnis. Kombinasi bisnis dicatat dengan                      is accounted for by applying the acquisition
     menggunakan metode akuisisi. Imbalan yang                    method. The consideration transferred in a
     dialihkan dalam suatu kombinasi bisnis diukur                business combination is measured at fair value,
     pada nilai wajar, yang dihitung sebagai hasil                which is calculated as the sum of the
     penjumlahan dari nilai wajar tanggal akuisisi atas           acquisition-date fair values of the assets
     seluruh aset yang dialihkan oleh Grup, liabilitas            transferred by the Group, liabilities incurred by
     yang diakui oleh Grup kepada pemilik                         the Group to former owners of the acquiree,
     sebelumnya dari pihak yang diakuisisi dan                    and the equity interests issued by the Group in

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

    kepentingan ekuitas yang diterbitkan oleh Grup            exchange for control of the acquiree.
    dalam pertukaran pengendalian dari pihak yang             Acquisition-related costs are recognized as
    diakuisisi. Biaya-biaya terkait akuisisi diakui           expenses in the periods in which the costs are
    sebagai beban pada periode saat biaya tersebut            incurred and the services are received.
    terjadi dan jasa diterima.

    Pada tanggal akuisisi, aset teridentifikasi yang          At the acquisition date, the identifiable assets
    diperoleh dan liabilitas yang diambil alih diakui         acquired and the liabilities assumed are
    pada nilai wajar kecuali untuk aset dan liabilitas        recognized at their fair value except for certain
    tertentu yang diukur sesuai dengan standar yang           assets and liabilities that are measured in
    relevan.                                                  accordance with the relevant standards.

    Komponen kepentingan non-pengendali pada                  Component of non-controlling interests are
    pihak diakuisisi diukur baik pada nilai wajar             measured either at fair value or at the present
    ataupun pada bagian proporsional instrumen                ownership instruments’ proportionate share in
    kepemilikan yang ada dalam jumlah yang diakui             the recognized amounts of the acquiree’s
    atas aset neto teridentifikasi dari pihak diakuisisi.     identifiable net assets.

    Bila suatu kombinasi bisnis dilakukan secara              When a business combination is achieved in
    bertahap, kepemilikan terdahulu Grup atas pihak           stages, the Group’s previously held equity
    terakuisisi diukur kembali ke nilai wajar pada            interest in the acquire is remeasured to fair
    tanggal     akuisisi  dan   keuntungan      atau          value at the acquisition date and the resulting
    kerugiannya, jika ada, diakui dalam laba rugi.            gain or loss, if any, is recognized in profit or
    Apabila dalam periode sebelumnya, perubahan               loss. When in prior periods, a changes in the
    nilai wajar yang berasal dari kepentingan                 value of its equity interest in the acquiree prior
    ekuitasnya sebelum tanggal akuisisi telah diakui          to the acquisition date had been recognized in
    dalam penghasilan komprehensif lain, jumlah               other comprehensive income, that amount shall
    tersebut diakui dengan dasar yang sama                    be recognized on the same basis as would be
    sebagaimana dipersyaratkan jika Grup telah                required if the Group had disposed directly
    melepas secara langsung kepentingan ekuitas               of the previously held equity interest.
    yang dimiliki sebelumnya.

    Jika akuntansi awal untuk kombinasi bisnis                If the initial accounting for a business
    belum selesai pada akhir periode pelaporan saat           combination is incomplete by the end of the
    kombinasi terjadi, Grup melaporkan jumlah                 reporting period in which the combination
    sementara untuk pos-pos yang proses                       occurs, the Group reports provisional amounts
    akuntansinya belum selesai dalam laporan                  for the items for which the accounting is
    keuangannya. Selama periode pengukuran,                   incomplete. Those provisional amounts are
    pihak pengakuisisi menyesuaikan, aset atau                adjusted during the measurement period, or
    liabilitas  tambahan    yang    diakui,   untuk           additional assets or liabilities are recognized, to
    mencerminkan informasi baru yang diperoleh                reflect new information obtained about facts
    tentang fakta dan keadaan yang ada pada                   and circumstances that existed as of the
    tanggal akuisisi dan, jika diketahui, akan                acquisition date that, if known, would have
    berakibat terhadap pengakuan aset dan liabilitas          resulted in the recognition of those assets and
    dimaksud pada tanggal tersebut.                           liabilities as of that date.

    Pada tanggal akusisi, goodwill diukur pada harga          At acquisition date, goodwill is measured at
    perolehan yang merupakan selisih lebih antara             its cost being the excess of (a) the aggregate
    (a) nilai gabungan dari imbalan yang dialihkan            of the consideration transferred and the amount
    dan jumlah setiap kepentingan non-pengendali,             of any non-controlling interest, over (b) the net
    atas (b) jumlah neto terindentifikasi dari aset           of identifiable assets acquired and liabilities
    yang diperoleh dan liabilitas yang diambil alih.          assumed. If this consideration is lower than the
    Jika imbalan tersebut kurang dari nilai wajar aset        fair value of the net assets of the Subsidiary
    neto Entitas Anak yang diakuisisi, selisih                acquired, the difference is recognized in profit
    tersebut diakui dalam laporan laba rugi sebagai           or loss as gain on bargain purchase after
    keuntungan dari akusisi setelah sebelumnya                previously    the   management       reassesses

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

    manajemen menilai kembali apakah telah                       whether it has correctly identified all of the
    mengidentifikasi dengan tepat seluruh aset yang              assets acquired and all of the liabilities
    diperoleh dan liabilitas yang diambil alih serta             assumed and recognize any additional assets
    mengakui setiap aset atau liabilitas tambahan                or liabilities that are identified in that review.
    yang dapat diidentifikasi dalam penelaahan
    tersebut.
    Setelah pengakuan awal, goodwill diukur pada                 After intial recognition, goodwill is measured at
    jumlah tercatat dikurangi akumulasi kerugian                 cost less any accumulated impairment losses.
    penurunan nilai. Untuk tujuan pengujian                      For the purpose of impairment testing, goodwill
    penurunan nilai, goodwill yang diperoleh dari                acquired in a business combination, from
    suatu kombinasi bisnis, sejak tanggal akusisi                the acquisition date, be allocated to each
    dialokasikan kepada setiap Unit Penghasil Kas                of the Group’s Cash Generating Units that is
    dari Grup yang diperkirakan akan memberikan                  expected to benefit from the synergies of the
    manfaat dari sinergi kombinasi bisnis tersebut,              combination, irrespective of whether other
    terlepas dari apakah aset atau liabilitas lain dari          assets or liabilities of the acquiree are assigned
    pihak yang diakusisi ditempatkan dalam Unit                  to those Cash Generating Units.
    Penghasil Kas tersebut.
    Jika goodwill telah dialokasikan pada suatu Unit             If goodwill has been allocated to Cash
    Penghasil Kas dan operasi tertentu atas Unit                 Generating Units and certain operations on the
    Penghasil Kas tersebut dilepaskan, maka                      Cash Generating Units is disposed, the goodwill
    goodwill yang terkait dengan operasi yang                    associated with the operation disposed is
    dilepaskan tersebut termasuk dalam jumlah                    included in the carrying amount of the operation
    tercatat operasi tersebut ketika menentukan                  when determining the gain or losses on
    keuntungan atau kerugiaan dari pelepasan.                    disposal. Disposed goodwill is measured on the
    Goodwill yang dilepaskan tersebut diukur                     basis of relative values of the operation
    berdasarkan nilai relatif operasi yang dihentikan            disposed of and the portion of the Cash
    dan porsi Unit Penghasil Kas yang ditahan.                   Generating Units retained.
2.u. Sumber       Ketidakpastian    Estimasi    dan          2.u. Sources of Estimation Uncertainties and
     Pertimbangan Akuntansi Penting                               Critical Accounting Judgement
     Penyusunan laporan keuangan konsolidasian                    The preparation of the Group’s consolidated
     Grup mengharuskan manajemen untuk membuat                    financial statements requires management to
     pertimbangan, estimasi dan asumsi yang                       make judgments, estimates and assumptions
     mempengaruhi jumlah yang dilaporkan dari                     that affect the reported amounts of revenues,
     pendapatan, beban, aset dan liabilitas, dan                  expenses, assets and liabilities, and the
     pengungkapan atas liabilitas kontinjensi, pada               disclosure of contingent liabilities, at the end
     akhir    periode    pelaporan.   Ketidakpastian              of the reporting period. Uncertainty about these
     mengenai asumsi dan estimasi tersebut dapat                  assumptions and estimates could result in
     mengakibatkan penyesuaian material terhadap                  outcomes that require a material adjustment to
     nilai tercatat pada aset dan liabilitas dalam                the carrying amount of the asset and liability
     periode pelaporan berikutnya.                                affected in future periods.
    Asumsi utama masa depan dan sumber utama                     The key assumptions concerning the future and
    estimasi ketidakpastian estimasi lain pada akhir             other key sources of estimation uncertainty
    periode pelaporan yang memiliki risiko signifikan            at the reporting date that have a significant risk
    bagi penyesuaian yang material terhadap nilai                of causing a material adjustment to the carrying
    tercatat aset dan liabilitas untuk tahun/periode             amounts of assets and liabilities within the next
    berikutnya, diungkapkan dibawah ini. Grup                    financial year/period are disclosed below.
    mendasarkan asumsi dan estimasi pada                         The Group based its assumptions and
    parameter yang tersedia pada saat laporan                    estimates on parameters available when
    keuangan disusun. Asumsi dan situasi mengenai                the financial statements were prepared.
    perkembangan masa depan, mungkin berubah                     Existing circumstances and assumptions about
    akibat perubahan pasar atau situasi diluar                   future developments may change due to market
    kendali Grup. Perubahan tersebut dicerminkan                 changes or circumstances arising beyond
    dalam asumsi terkait pada saat terjadinya.                   the control of the Group’s. Such changes are
                                                                 reflected in the assumptions as they occur.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

    Nilai Wajar atas Instrumen Keuangan                     Fair Value of Financial Instruments
    Bila nilai wajar aset keuangan dan liabilitas           Where the fair values of financial assets and
    keuangan yang tercatat pada laporan posisi              financial liabilities recorded on the financial
    keuangan tidak tersedia di pasar aktif, ditentukan      statement position cannot be derived from
    dengan menggunakan berbagai teknik penilaian            active markets, they are determined using a
    termasuk penggunaan model matematika.                   variety of valuation techniques that include the
    Masukan (input) untuk model ini berasal dari            use of mathematical models. The inputs to
    data pasar yang bisa diamati sepanjang data             these models are derived from observable
    tersebut tersedia. Bila data pasar yang bisa            market data where possible, but where
    diamati tersebut tidak tersedia pertimbangan            observable market data are not available,
    Manajemen diperlukan untuk menentukan nilai             Management’s judgment is required to establish
    wajar.    Pertimbangan     tersebut     mencakup        fair    values.       The   judgments     include
    pertimbangan likuiditas tingkat diskonto, tingkat       considerations of liquidity discount rates,
    pelunasan dipercepat, dan asumsi tingkat gagal          prepayment         rates,  and    default     rate
    bayar.                                                  assumptions.

    Pajak Penghasilan                                       Income Tax
    Pertimbangan signifikan dilakukan dalam                 Significant judgment is involved in determining
    menentukan provisi atas pajak penghasilan               provision for corporate income tax. There are
    badan. Terdapat transaksi dan perhitungan               certain transaction and computation for which
    tertentu yang penentuan pajak akhirnya adalah           the ultimate tax determination is uncertain
    tidak pasti sepanjang kegiatan usaha normal.            during the ordinary course of business. Group
    Grup mengakui liabilitas atas pajak penghasilan         recognized liabilities for expected corporate
    badan berdasarkan estimasi apakah terdapat              income tax issues based on estimates of
    tambahan pajak penghasilan badan. Informasi             whether additional corporate income tax will be
    mengenai pajak penghasilan diungkapkan pada             due. Information on income tax is disclosed in
    Catatan 11.c dan 11.d.                                  Notes 11.c and 11.d.

    Aset Pajak Tangguhan                                    Deferred Tax Asset
    Aset pajak tangguhan diakui hanya ketika pajak          Deferred tax asset are recognized only when
    tangguhan yang timbul dapat dipulihkan, dalam           deferred tax will be recovered, in this case is
    hal ini tergantung pada pembentukan laba kena           dependent on generation of sufficient future
    pajak yang mencukupi di masa depan. Asumsi              taxable profits. Assumptions about the
    pembentukan laba kena pajak di masa depan               generation of future taxable profits depend on
    tergantung pada estimasi manajemen untuk arus           management estimates of future cash flows.
    kas di masa depan. Hal ini tergantung pada              These depend on estimates of the number of
    estimasi jumlah penambahan subscribers,                 additional subscribers, technology innovation,
    inovasi teknologi, biaya operasi, belanja modal,        operating cost, capital expenditure, dividends,
    dividen dan transaksi manajemen modal lainnya           and other capital management transactions. As
    di masa depan. Sebagai akibatnya, terkait               a result, related to its inherent nature, it is likely
    dengan sifat bawaannya, ada kemungkinan                 that the calculation of deferred taxes is related
    bahwa       perhitungan     pajak     tangguhan         to a complex pattern where assessment
    berhubungan dengan pola yang kompleks di                requires a judgment and is not expected to
    mana penilaian memerlukan pertimbangan dan              provide an accurate calculation.
    tidak diharapkan menghasilkan perhitungan yang
    akurat.

    Informasi mengenai aset pajak          tangguhan        Information on deferred tax asset is disclosed in
    diungkapkan pada Catatan 11.e.                          Note 11.e.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                        FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                       (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                            Foreign Currencies, Unless Otherwise Stated)

      Pengukuran Nilai Wajar dan Penilaian                                Fair Value Measurement and Valuation
      Dalam mengestimasi nilai wajar aset atau                            In estimating the fair value of an asset or
      liabilitas, Grup menggunakan data pasar yang                        liability, the Group uses market-observable data
      dapat diobservasi selama tersedia. Ketika Level                     to the extent it is available. Where Level 1 input
      1 tidak tersedia, Grup melibatkan penilai dari                      are not available, the Group engages third party
      pihak ketiga yang memenuhi syarat untuk                             qualified valuers to perform the valuation.
      melakukan       penilaian.    Informasi   terkait                   Information on fair value measurement and
      pengukuran       nilai  wajar     dan   penilaian                   valuation is disclosed in Note 27.
      diungkapkan pada Catatan 27.


3. Kas dan Setara Kas                                                                        3. Cash and Cash Equivalents

                                                  31 Des/                 31 Des/
                                                  Dec 31,                 Dec 31,
                                                   2025                    2024
Kas                                                            52                      52                               Cash on Hand
Bank                                                                                                                    Cash in Banks
Pihak Berelasi (Catatan 23)                                                                                     Related Party (Note 23)
   Rupiah:                                                                                                                   Rupiah:
     PT Bank Nationalnobu Tbk                               97,628                   5,074             PT Bank Nationalnobu Tbk
   Dolar AS :                                                                                                            US Dollars:
     PT Bank Nationalnobu Tbk                                4,175                   3,768             PT Bank Nationalnobu Tbk
Pihak Ketiga:                                                                                                            Third Parties:
   Rupiah:                                                                                                                   Rupiah:
     PT Bank CIMB Niaga Tbk                                  6,001                   7,724              PT Bank CIMB Niaga Tbk
     PT Bank Central Asia Tbk                                1,315                     759              PT Bank Central Asia Tbk
     Lain-lain (Masing-masing dibawah Rp1.000)                 840                     822           Others (Each Below Rp1,000)
   Dolar AS:                                                                                                             US Dollars:
     PT Bank CIMB Niaga Tbk                               7,379                      7,104              PT Bank CIMB Niaga Tbk
Jumlah Bank                                             117,338                     25,251                        Total Cash in Banks

Deposito Berjangka                                                                                                    Time Deposits
Pihak Berelasi (Catatan 23)                                                                                   Related Party (Note 23)
   Rupiah:                                                                                                                 Rupiah:
     PT Bank Nationalnobu Tbk                           129,011                   219,000              PT Bank Nationalnobu Tbk
   Dolar AS:                                                                                                            US Dollars:
     PT Bank Nationalnobu Tbk                             8,391                     8,081              PT Bank Nationalnobu Tbk
Jumlah Deposito Berjangka                               137,402                   227,081                       Total Time Deposits
Jumlah                                                  254,792                   252,384                                       Total


Suku bunga kontraktual tahunan untuk deposito                        Annual contractual interest rates of time deposits are
berjangka adalah sebagai berikut:                                    as follows

                                                    31 Des/             31 Des/
                                                   Dec 31,             Dec 31,
                                                     2025                2024
Rupiah                                           5.00% - 5.75%       4.50% - 7.00%                                             Rupiah
Dolar AS                                            0.25%               4.50%                                             US Dollars


Perincian saldo dalam mata uang asing diungkapkan                    Detals of balances in foreign currencies are
dalam Catatan 24.                                                    disclosed in Note 24.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                    PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                 December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                 (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                      Foreign Currencies, Unless Otherwise Stated)

4. Piutang Usaha                                                                               4. Trade Receivables

                                               31 Des/              31 Des/
                                               Dec 31,              Dec 31,
                                                2025                 2024

Pihak Ketiga                                          132,886              133,361                               Third Parties
Cadangan Kerugian Kredit Ekspektasian               (132,780)            (132,935)          Allowance for Expected Credit Loss
Jumlah Piutang Usaha                                      106                  426                  TotAL Trade Receivables


Rincian piutang usaha berdasarkan satuan mata uang              The details of trade receivables based on its
adalah sebagai berikut:                                         currencies are as follows:

                                               31 Des/              31 Des/
                                               Dec 31,              Dec 31,
                                                2025                 2024
                                                 Rp                   Rp
Rupiah                                                132,886              133,361                                      Rupiah
Cadangan Kerugian Kredit Ekspektasian               (132,780)            (132,935)           Allowance for Expected Credit Loss
Neto                                                      106                  426                                          Net


Analisa umur piutang usaha adalah sebagai berikut:              The aging analysis of trade receivables are as
                                                                follows:

                                               31 Des/              31 Des/
                                               Dec 31,              Dec 31,
                                                2025                 2024

Kurang dari 31 hari                                       100                  336                           Less than 31 days
31 - 60 hari                                                3                   74                                 31 - 60 days
61 - 90 hari                                                3                   16                                 61 - 90 days
Di atas 91 hari                                       132,780              132,935                           More than 91 days
Jumlah                                                132,886              133,361                                         Total
Cadangan Kerugian Kredit Ekspektasian               (132,780)            (132,935)         Allowance for Expected Credit Losses
Neto                                                      106                  426                                          Net


Perubahan cadangan kerugian kredit ekspektasian                 The changes in allowance for expected credit loss
adalah sebagai berikut:                                         are as follows:

                                               31 Des/              31 Des/
                                               Dec 31,              Dec 31,
                                                2025                 2024

Saldo pada Awal Tahun                                132,935              136,798              Balance at the Beginning of Year
Penyisihan (Pembalikan) pada Tahun Berjalan            (155)                1,448           Provision (Reversal) during the Year
Pembalikan atas Entitas Anak yang Tidak                                                              Reversal of Deconsolidated
  Dikonsolidasi - FMN                                      --                 (3,749)                     Subsidiaries - FMN
Pembalikan atas Entitas Anak yang Tidak                                                              Reversal of Deconsolidated
  Dikonsolidasi - FMP                                      --              (1,562)                        Subsidiaries - FMP
Saldo pada Akhir Tahun                               132,780              132,935                   Balance at the End of Year


Berdasarkan hasil penelaahan atas kolektabilitas                Based on a review of the collectability of individual
piutang masing-masing pelanggan, manajemen Grup                 receivables, the management of the Group’s believe
berpendapat bahwa penyisihan penurunan nilai                    that provision for impairment of trade receivables are
piutang usaha tersebut cukup memadai untuk                      adequate to cover possible losses on uncollectible
menutup kemungkinan tidak tertagihnya piutang                   accounts.
usaha.

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                  PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                               December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                               (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                    Foreign Currencies, Unless Otherwise Stated)

5. Aset Keuangan Lancar Lainnya                                                      5. Other Current Financial Assets

                                           31 Des/                31 Des/
                                           Dec 31,                Dec 31,
                                            2025                   2024

Investasi pada Dana Kelola                           50,000                 50,000                 Investment in Managed Fund
Piutang Lain-lain Pihak Ketiga                        2,073                  2,599              Other Receivables - Third Parties
Jumlah                                               52,073                 52,599                                         Total


Pada tanggal 26 Oktober 2023, berdasarkan                     On October 26, 2023, based on agreement No.
perjanjian No. 774/INV/OCT/23, yang telah                     774/INV/OCT/23 which the latest amended
mengalami perubahan terakhir melalui perjanjian No.           with agreement No. 1881/INV/NOV/25 dated
1881/INV/NOV/25 tanggal 26 November 2025,                     November 26, 2025, the Company made an
Perusahaan melakukan investasi pada dana kelola               investment on managed fund by PT Samuel
yang dikelola oleh PT Samuel International. Investasi         International. The investment is amounting to
tersebut sebesar Rp50.000 dengan jangka waktu 12              Rp50,000 with a term of 12 (twelve) months period,
(dua belas) bulan, yang telah diperpanjang melalui            which     has   been    extended    through    the
perubahan terakhir, dari Desember 2025 sampai                 aforementioned latest amendment, from December
dengan Desember 2026.                                         2025 to December 2026.

Pendapatan atas investasi untuk tahun yang berakhir           Income on investment for the years ended
pada tanggal 31 Desember 2025 dan 2024 adalah                 December 31, 2025 and 2024 amounting to Rp3,648
masing-masing sebesar Rp3.648 dan Rp5.382,                    and Rp5,382, respectively, and was recorded in the
dicatat pada laporan laba rugi dan penghasilan                consolidated statement of profit or loss and other
komprehensif lain konsolidasian.                              comprehensive income.


6. Investasi pada Entitas Asosiasi                                                        6. Investment in Associates

Pada tanggal 31 Desember 2025 dan 2024, investasi             On December 31, 2025 and 2024, investment in
pada entitas asosiasi terdiri dari investasi Perusahaan       associates consist of the Company's investment in
pada PT Bina Mahasiswa Indonesia (“PT BMI”)                   PT Bina Mahasiswa Indonesia ("PT BMI") with book
dengan nilai tercatat sebesar nihil.                          value of nil.

PT Bina Mahasiswa Indonesia (BMI)                                           PT Bina Mahasiswa Indonesia (BMI)
Pada bulan September 2012, PT Graha Investama                 In September 2012, PT Graha Investama Andalan
Andalan Terpadu (“PT GIAT”), Entitas Anak, telah              Terpadu (“PT GIAT”), a Subsidiary had signed the
menandatangani Perjanjian Pemindahan Hak atas                 Share Transfer Agreement in regards to the
Saham untuk pembelian saham sebesar 45% saham                 purchase of 45% shares in BMI.
dalam BMI.

Berdasarkan Akta No. 9 tanggal 23 Januari 2017                Based on Deed No. 9 dated January 23, 2017 made
yang dibuat dihadapan Notaris Zulkifli Hasan, S.H.,           before Zulkifli Hasan, S.H., notary in Jakarta, BMI
notaris di Jakarta, BMI telah menerbitkan saham baru          has issued new shares of 1,428,000 shares.
sebesar 1.428.000 saham. Atas peningkatan                     In relation to such issuance of new shares, GIAT
tersebut, GIAT melepaskan haknya untuk mengambil              has released its rights to subscribe BMI’s new
bagian atas saham baru BMI, sehingga kepemilikan              shares, therefore the ownership of GIAT’s shares in
saham GIAT di BMI terdilusi menjadi 35%.                      BMI has diluted into 35%.




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Page 280
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                              Foreign Currencies, Unless Otherwise Stated)

Ringkasan informasi pada entitas asosiasi adalah                                  A summary of financial information of the associates
sebagai berikut:                                                                  is as follows:

                                                            31 Des/                         31 Des/
                                                            Dec 31,                         Dec 31,
                                                             2025                            2024

Aset lancar                                                             2,464                         4,869                                   Current assets
Aset tidak lancar                                                         149                           171                              Non-current assets
Liabilitas jangka pendek                                                2,962                         2,681                                Current liabilities
Liabilitas jangka panjang                                               6,239                         7,574                            Non-current liabilities
Pendapatan usaha                                                        4,761                         6,657                                        Revenues
Rugi tahun berjalan                                                   (1,481)                         (543)                                Loss for the year
Rugi komprehensif tahun berjalan                                      (1,481)                         (543)                   Comprehensive loss for the year



7. Aset Tetap                                                                                                                              7. Fixed Assets

                                                             31 Desember 2025/ December 31, 2025
                            Saldo Awal/           Penambahan/          Pengurangan/            Dekonsolidasi/         Saldo Akhir/
                         Beginning Balance         Additions            Deductions            Deconsolidation        Ending Balance

Biaya Perolehan                                                                                                                                      Acquisition Cost
Pemilikan Langsung                                                                                                                                  Direct Ownership
  Renovasi                                   --                  --                    --                       --                    --    Leasehold Improvement
  Perabotan                                  --                  --                    --                       --                    --      Furniture and Fixtures
  Peralatan Kantor                           --                  --                    --                       --                    --          Office Equipment
  Kendaraan                                  --                  --                    --                       --                    --                    Vehicles
  Sub Jumlah                                 --                  --                    --                       --                    --                   Sub Total
Aset Hak Guna                                --                  --                    --                       --                    --           Right of Use Assets
Jumlah                                       --                  --                    --                       --                    --                          Total

Akumulasi Penyusutan                                                                                                                       Accumulated Depreciation
Pemilikan Langsung                                                                                                                                  Direct Ownership
  Renovasi                                   --                  --                    --                       --                    --    Leasehold Improvement
  Perabotan                                  --                  --                    --                       --                    --      Furniture and Fixtures
  Peralatan Kantor                           --                  --                    --                       --                    --          Office Equipment
  Kendaraan                                  --                  --                    --                       --                    --                    Vehicles
  Sub Jumlah                                 --                  --                    --                       --                    --                          Total
Aset Hak Guna                                --                  --                    --                       --                    --           Right of Use Assets
Jumlah                                       --                  --                    --                       --                    --                          Total

Penyisihan Penurunan                                                                                                                     Allowance For Impairment of
Nilai Aset Tetap                                                                                                                             Property and Equipment
   Peralatan Kantor                          --                  --                    --                       --                    --          Office Equipment
Jumlah                                       --                  --                    --                       --                    --                        Total
Nilai Buku                                   --                                                                                       --              Net Book Value


                                                             31 Desember 2024/ December 31, 2024
                            Saldo Awal/           Penambahan/          Pengurangan/            Dekonsolidasi/         Saldo Akhir/
                         Beginning Balance         Additions            Deductions            Deconsolidation        Ending Balance

Biaya Perolehan                                                                                                                                      Acquisition Cost
Pemilikan Langsung                                                                                                                                  Direct Ownership
  Renovasi                           24,536                      --               13,801                  (10,735)                    --    Leasehold Improvement
  Perabotan                          12,386                      --                6,023                   (6,363)                    --      Furniture and Fixtures
  Peralatan Kantor                  211,907                      6                61,969                 (149,944)                    --          Office Equipment
  Kendaraan                           1,152                      --                  326                     (826)                    --                    Vehicles
  Sub Jumlah                        249,981                      6                82,119                 (167,868)                    --                   Sub Total
Aset Hak Guna                           352                      --                  352                        --                    --           Right of Use Assets
Jumlah                              250,333                      6                82,471                 (167,868)                    --                          Total

Akumulasi Penyusutan                                                                                                                       Accumulated Depreciation
Pemilikan Langsung                                                                                                                                  Direct Ownership
  Renovasi                           24,536                      --               13,801                  (10,735)                    --    Leasehold Improvement
  Perabotan                          12,046                    219                 6,023                   (6,242)                    --      Furniture and Fixtures
  Peralatan Kantor                  194,517                  1,731                61,969                 (134,279)                    --          Office Equipment
  Kendaraan                           1,092                     60                   326                     (826)                    --                    Vehicles
  Sub Jumlah                        232,191                  2,010                82,119                 (152,082)                    --                          Total
Aset Hak Guna                           352                      --                  352                        --                    --           Right of Use Assets
Jumlah                              232,543                  2,010                82,471                 (152,082)                    --                          Total

Penyisihan Penurunan                                                                                                                     Allowance For Impairment of
Nilai Aset Tetap                                                                                                                             Property and Equipment
   Peralatan Kantor                  11,875                      --               11,875                        --                    --          Office Equipment
Jumlah                               11,875                      --               11,875                        --                    --                        Total
Nilai Buku                            5,915                                                                                           --              Net Book Value




                                                          Pesetujuan unt45                                                            Paraf/ Sign:
Page 281
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                             (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                  Foreign Currencies, Unless Otherwise Stated)

Penyusutan yang dibebankan pada operasi tahun              Depreciation expense charged to current year
berjalan masing-masing sebesar nihil dan Rp2.010           operation amounted to nil and Rp2,010 for the years
untuk tahun-tahun yang berakhir pada tanggal               ended December 31, 2025 and 2024, respectively.
31 Desember 2025 dan 2024.

8. Aset Tidak Lancar Lainnya                                                       8. Other Non-Current Assets
Aset tidak lancar lainnya terutama merupakan uang          Other non-current assets mainly represent deposits
jaminan pembelian tanah yang dibayarkan oleh Grup          for purchase of land paid by the Group to third
kepada pihak ketiga.                                       parties.

9. Aset Keuangan Tidak Lancar Lainnya                                     9. Other Non-Current Financial Assets
                                           31 Des/              31 Des/
                                           Dec 31,              Dec 31,
                                            2025                 2024

Investasi yang diukur pada FVTOCI              4,641,281            1,376,021                  Investment stated at FVTOCI
Piutang Lain-lain Jangka Panjang - Neto           15,587               14,278           Other Receivables Non-Current - Net
Lain-lain                                            438                  438                                        Others
Jumlah                                         4,657,306            1,390,737                                        Total


Investasi yang diukur pada FVTOCI                            Investment Stated at FVTOCI
Perusahaan     memiliki   investasi saham     pada           The Company owns Share Investments in
PT Multipolar Technology Tbk masing-masing sebesar           PT Multipolar Technology Tbk amounting to
Rp4.641.281 dan Rp1.376.021 pada tanggal                     Rp4,641,281 and Rp1,376,021 as of December 31,
31 Desember 2025 dan 2024. Investasi tersebut                2025 and 2024, respectively. The investment is
dicatat menggunakan Nilai Wajar Melalui Penghasilan          recorded using Fair Value Through Other
Komprehensif Lain (FVTOCI).                                  Comprehensive Income (FVTOCI).
Untuk tahun-tahun yang berakhir pada tanggal                 For the years ended December 31, 2025 and 2024,
31 Desember 2025 dan 2024, laba yang belum                   the unrealized gain on available for sale investment
direalisasi atas investasi tersedia untuk dijual yang        that is recorded as other long-term investments
dicatat sebagai aset keuangan tidak lancar lainnya           amounted      Rp3,265,260      and     Rp1,259,245,
sebesar Rp3.265.260 dan Rp1.259.245 dicatat                  respectively, is recorded as part of other
sebagai bagian dari penghasilan komprehensif                 comprehensive income.
lainnya.
Piutang Lain-lain Jangka Panjang                             Other Receivables Non-Current
Piutang lain-lain jangka panjang adalah pinjaman yang        Other receivables non-current represent the loans
diberikan Perusahaan kepada PT First Media News              provided by the Company to PT First Media News
(FMN) sebesar Rp72.000 dari periode September                (FMN) amounting to Rp72,000 for the period from
2022 sampai dengan Maret 2023. Pinjaman-pinjaman             September 2022 to March 2023. These loans will
tersebut akan jatuh tempo antara September 2037              mature between September 2037 and March 2038.
sampai dengan Maret 2038.
Pada tanggal 6 Desember 2024, Perusahaan dan                 On December 6, 2024, the Company and FMN had
FMN telah menandatangani Perjanjian untuk                    signed the Agreement to convert the loan into
mengkonversi pinjaman tersebut menjadi tambahan              additional capital in FMN amounting to Rp27,000.
modal di FMN dengan nilai sebesar Rp27.000. Atas             As a result of this agreement, the nominal value of
perjanjian tersebut, nilai nominal pinjaman menjadi          the loan was reduced to Rp45,000.
sebesar Rp45.000.
Pada tanggal 31 Desember 2025 dan 2024, selisih              As of December 31, 2025 and 2024, the
nilai nominal dengan nilai wajar pinjaman yang belum         unamortized difference between the nominal value
diamortisasi    adalah     masing-masing     sebesar         and the fair value of the loan amounted to
Rp29.413 dan Rp30.722.                                       Rp29,413 and Rp30,722, respectively.




                                          Pesetujuan unt46                                      Paraf/ Sign:
Page 282
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

10. Utang Usaha                                                                           10. Trade Payables

                                        31 Des/                31 Des/
                                        Dec 31,                Dec 31,
                                         2025                   2024

Pihak Ketiga                                 1,381,241              1,371,451                           Third Parties
Pihak Berelasi (Catatan 23)                      6,099                  5,992                 Related Party (Note 23)
Jumlah                                       1,387,340              1,377,443                                   Total


Rincian utang usaha berdasarkan mata uang adalah           The details of trade payables based on currency are
sebagai berikut:                                           as follows:

                                        31 Des/                31 Des/
                                        Dec 31,                Dec 31,
                                         2025                   2024

Rupiah                                       1,101,658              1,103,651                                Rupiah
Dolar AS                                       285,682                273,792                             US Dollars
Jumlah                                       1,387,340              1,377,443                                 Total




11. Perpajakan                                                                                   11. Taxation

a. Pajak Dibayar di Muka                                   a. Prepaid Taxes

                                        31 Des/                31 Des/
                                        Dec 31,                Dec 31,
                                         2025                   2024

Perusahaan                                                                                            The Company
Pajak Penghasilan Pasal 28A                       11,356                 11,356               Income Tax Article 28A
Pajak Pertambahan Nilai                              362                     25                   Value Added Taxes

Entitas Anak                                                                                           Subsidiaries
Pajak Penghasilan                                                                                       Income Tax
  Pasal 21                                            15                     15                         Article 21
  Pasal 4 (2)                                        115                    105                       Article 4 (2)
Pajak Pertambahan Nilai                            1,425                  1,394                  Value Added Taxes
Jumlah                                            13,273                 12,895                                 Total


b.    Utang Pajak                                           b. Taxes Payable

                                        31 Des/                31 Des/
                                        Dec 31,                Dec 31,
                                         2025                   2024

Perusahaan                                                                                            The Company
Pajak Penghasilan                                                                                       Income Tax
  Pasal 4 (2)                                          2                      --                      Article 4 (2)
  Pasal 21                                             3                     60                         Article 21
  Pasal 23                                             8                      5                         Article 23

Entitas Anak                                                                                           Subsidiaries
Pajak Penghasilan                                                                                       Income Tax
  Pasal 21                                             2                      2                         Article 21
Jumlah                                                15                     67                                 Total




                                       Pesetujuan unt47                                    Paraf/ Sign:
Page 283
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                 Foreign Currencies, Unless Otherwise Stated)

c. Beban Pajak Penghasilan                                                                c. Income Tax Expense

                                                                  31 Des/                     31 Des/
                                                                  Dec 31,                     Dec 31,
                                                                   2025                        2024

Beban Pajak Kini                                                                                                                                     Current Tax Expense
  Entitas Anak                                                                     --                         --                                           Subsidiaries
Sub Jumlah                                                                         --                         --                                                Sub-Total

Beban Pajak Tangguhan                                                                                                                               Deferred Tax Expense
  Perusahaan                                                                       --                         --                                         The Company
  Entitas Anak                                                                     --                         --                                           Subsidiaries
Sub Jumlah                                                                         --                         --                                                Sub-Total

Beban Pajak - Neto                                                                 --                         --                                       Tax Expense - Net


d. Pajak Kini                                                                             d. Current Tax
Rekonsiliasi antara laba (rugi) sebelum taksiran beban                                    Reconciliation between profit (loss) before
pajak penghasilan, seperti yang disajikan dalam                                           estimated tax expense as shown in the consolidated
laporan laba rugi dan penghasilan komprehensif lain                                       statements of profit or loss and other
konsolidasian dan taksiran rugi fiskal Perusahaan,                                        comprehensive income and estimated fiscal loss of
untuk tahun-tahun yang berakhir pada 31 Desember                                          the Company for the years ended December 31,
2025 dan 2024, adalah sebagai berikut:                                                    2025 and 2024, are as follows:

                                                                 31 Des/                     31 Des/
                                                                 Dec 31,                     Dec 31,
                                                                  2025                        2024

Laba (Rugi) sebelum Pajak Penghasilan                                                                                                  Profit (Loss) before Income Tax
  sesuai dengan Laporan                                                                                                          Expense According to Consolidated
  Laba Rugi dan Penghasilan Komprehensif                                                                                                 Statement of Profit or Loss
     Lain Konsolidasian                                                    (5,577)                     58,015                   and Other Comprehensive Income
Rugi sebelum Beban Pajak Penghasilan                                                                                                 Loss before Income Tax Expense
  dari Entitas Anak yang Dikonsolidasi                                     (8,844)                    (38,488)                         of Consolidated Subsidiaries
Laba sebelum Beban Pajak                                                                                                                       Profit before Income Tax
  Penghasilan Perusahaan                                                    3,267                      96,503                   Expense Attributable to the Company
Beda Tetap:                                                                                                                                     Permanent Differences:
  Beban dan Denda Pajak                                                       839                        3,345                          Tax Expenses and Penalties
  Sewa                                                                        483                          576                                                  Rental
  Listrik, Air dan Telepon                                                     38                          172                      Electricity, Water and Telephone
  Jamuan                                                                        9                           56                                          Entertainment
  Penghasilan Bunga yang Telah Dikenakan                                                                                                     Interest Income Already
    Pajak Penghasilan Final                                               (9,107)                      (9,260)                                  Subjected to Final Tax
  Pendapatan Dividen                                                     (10,376)                     (16,140)                                       Dividend Income
  Lain-lain                                                               (4,101)                      (5,382)                                                  Others

Taksiran Laba (Rugi) Kena Pajak                                          (18,948)                      69,870                 Estimated Taxable Income (Fiscal Loss)
Penyesuaian atas Perhitungan Fiskal 2024                                (267,139)                           --                  Adjustment to 2024 Fiscal Calculation
Akumulasi Rugi Fiskal Awal Tahun                                        (216,885)                 (1,408,478)             Tax Loss Carryforward Beginning of the Year
Rugi Fiskal yang Tidak Dapat Digunakan                                         --                   1,121,723                                   Unutilized Fiscal Loss
Rugi Fiskal Perusahaan pada Akhir Tahun                                 (502,972)                   (216,885)        Fiscal Loss of the Company in Ending of Year


Beban pajak penghasilan dan perhitungan taksiran                                          The income tax expense and computations of the
lebih bayar pajak penghasilan badan Grup adalah                                           estimated over payment of corporate income tax of
sebagai berikut:                                                                          the Group as follows:
                                                31 Desember/December 31, 2025               31 Desember/December 31, 2024
                                              Perusahaan/          Entitas Anak/          Perusahaan/          Entitas Anak/
                                               Company             Subsidiaries            Company             Subsidiaries
Beban Pajak Penghasilan                                    --                        --                 --                     --                            Income Tax Expense
Pajak Penghasilan Dibayar Dimuka                                                                                                                       Prepayment of Income Tax
   Pasal 23                                                --                        --            11,356                      --                                    Article 23
   Pasal 25                                                --                        --                 --                     --                                    Article 25
Jumlah Pajak Penghasilan Dibayar Dimuka                    --                        --            11,356                      --                Total Prepayment of Income Tax
Utang Pajak Penghasilan                                                                                                                                       Income Tax Payable
   Pasal 29                                                --                        --                 --                     --                                    Article 29
Taksiran Utang Pajak Penghasilan Badan                                                                                                 Estimated Corporate Income Tax Payable
(Klaim atas Pengembalian Pajak Penghasilan)                --                        --           (11,356)                     --                (Claim for Income Tax Refund)




                                                                Pesetujuan unt48                                                            Paraf/ Sign:
Page 284
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                                Foreign Currencies, Unless Otherwise Stated)

Rekonsiliasi antara beban pajak penghasilan                                                       A reconciliation between the consolidated income
konsolidasian - neto yang dihitung dengan                                                         tax expense - net calculated by applying the
menggunakan tarif pajak yang berlaku dari laba (rugi)                                             applicable tax rate to consolidated profit (loss) for
konsolidasian sebelum pajak penghasilan untuk                                                     the years ended December 31, 2025 and 2024 are
tahun-tahun yang berakhir pada 31 Desember 2025                                                   as follows:
dan 2024 adalah sebagai berikut:

                                                                       31 Des/                                31 Des/
                                                                       Dec 31,                                Dec 31,
                                                                        2025                                   2024

Laba (Rugi) sebelum Beban Pajak                                                                                                                                               Profit (Loss) before
  Penghasilan Perusahaan                                                            3,267                               96,503                                    Income Tax of the Company
Rugi sebelum Beban Pajak Penghasilan                                                                                                                            Loss before Income Tax Expense
  dari Entitas Anak yang Dikonsolidasi                                            (8,844)                           (38,488)                                      of Consolidated Subsidiaries
Laba (Rugi) konsolidasian sebelum Pajak                                                                                                                          Consolidated Profit (Loss) before
  Penghasilan                                                                     (5,577)                               58,015                                                     Income Tax
Beban Pajak Penghasilan                                                                                                                                                      Tax Expense
  dengan Tarif Pajak yang Berlaku Sebesar 22%                                       1,227                           (12,763)                     Calculated at Applicable Tax Rate of 22%
Pengaruh Pajak atas Beda Tetap:                                                                                                                       Tax Effect for Permanent Difference:
  Pendapatan yang telah Dikenakan                                                                                                                       Income Subject to Final Income
     Pajak Final - Neto                                                             2,004                                 2,037                                             Tax - Net
  Bagian Rugi Bersih Entitas Anak                                                 (1,946)                               (8,467)                              Net Loss from Subsidiaries
  Rugi Fiskal yang Tidak Diakui                                                                                                                    Fiscal Loss that has Not Recognized
     sebagai Aset Pajak Tangguhan                                                 (4,169)                                    --                              as Deferred Tax Assets
  Lain-lain - Neto                                                                  2,884                                3,822                                             Others - Net
Manfaat (Beban) Pajak Penghasilan Perusahaan                                             --                         (15,371)                            Income Tax Expense of the Company
Rugi Fiskal Digunakan                                                                    --                           15,371                                            Utilized Fiscal Loss
Beban Pajak Penghasilan                                                                  --                                --                                        Income Tax Expense


e. Pajak Tangguhan                                                                                e. Deferred Tax
Rincian aset dan liabilitas pajak tangguhan adalah                                                The details of deferred tax assets and liabilities are
sebagai berikut:                                                                                  as follows:
                                                                                                Dikreditkan (Dibebankan)
                                                                                                     ke Penghasilan
                                                               Dikreditkan (Dibebankan)          Komprehensif Lainnya/
                                         1 Jan/                     ke Laba Rugi/                Credited (Charged) to                      31 Des/
                                         Jan 1,                 Credited (Charged) to                     Other                             Dec 31,
                                          2025                      Profit or Loss              Comprehensive Income                         2025

Liabilitas Pajak Tangguhan                                                                                                                                                    Deferred Tax Liabilities
   Entitas Anak                                     (14,330)                              --                               --                          (14,330)                      Subsidiaries
Jumlah                                              (14,330)                              --                               --                          (14,330)                                Total


                                                                                  Dikreditkan (Dibebankan)
                                                                                       ke Penghasilan
                                                      Dikreditkan (Dibebankan)     Komprehensif Lainnya/
                                1 Jan/                     ke Laba Rugi/           Credited (Charged) to                                              31 Des/
                                Jan 1,                 Credited (Charged) to                Other                  Dekonsolidasi/                     Dec 31,
                                 2024                      Profit or Loss         Comprehensive Income             Deconsolidated                      2024

Aset Pajak Tangguhan - Neto                                                                                                                                                    Deferred Tax Assets - Net
  Entitas Anak                              7,275                            --                          --                       (7,275)                             --                 Subsidiaries
Jumlah                                      7,275                            --                          --                       (7,275)                             --                           Total

Liabilitas Pajak Tangguhan                                                                                                                                                       Deferred Tax Liabilities
   Entitas Anak                          (14,330)                            --                          --                            --                       (14,330)                Subsidiaries
Jumlah                                   (14,330)                            --                          --                            --                       (14,330)                          Total




Aset pajak tangguhan Perusahaan pada tanggal                                                      Deferred tax assets of the Company as of
31 Desember 2025 dan 2024 tidak diakui karena                                                     December 31, 2025 and 2024 have not been
terdapat ketidakpastian yang signifikan atas                                                      recognized because of significant uncertainty as in
pemulihannya di masa depan.                                                                       their recovery in the future periods.


12. Liabilitas Keuangan Jangka Pendek Lainnya                                                                             12. Other Current Financial Liabilities

Akun ini terutama terdiri dari utang lain-lain ke pihak                                           This account mainly consists of other payables to
ketiga, uang jaminan pelanggan dan lainnya.                                                       third party, customer deposits and others.

                                                                    Pesetujuan unt49                                                                                   Paraf/ Sign:
Page 285
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                      PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                   December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                   (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                        Foreign Currencies, Unless Otherwise Stated)

13. Beban Akrual                                                                                13. Accrued Expenses

                                               31 Des/                31 Des/
                                               Dec 31,                Dec 31,
                                                2025                   2024

Sewa                                                     21,471                 21,471                                        Rent
Operasional                                               4,479                  4,479                                   Operation
Percetakan                                                  818                    818                                     Printing
Iklan dan Promosi                                           245                    245                   Advertising and Promotion
Lain-lain                                                   259                    276                                      Others
Jumlah                                                   27,272                 27,289                                       Total



14. Liabilitas Jangka Pendek Lainnya                                                       14. Other Current Liabilities

Liabilitas jangka pendek lainnya terdiri dari                     Other current liabilities consist of unearned revenue
pendapatan diterima di muka dari pihak ketiga. Pada               from third parties. As of December 31, 2025 and
tanggal 31 Desember 2025 dan 2024, nilai liabilitas               2024, other current liabilities are amounting to
jangka pendek lainnya masing-masing adalah                        Rp473 and Rp1,734, respectively.
sebesar Rp473 dan Rp1.734.


15. Modal Saham                                                                                          15. Share Capital

Susunan pemegang saham Perusahaan dan masing-                     The composition of the Company’s shareholders
masing   kepemilikan   saham     pada     tanggal                 and their respective share ownerships as of
31 Desember 2025 dan 2024 adalah sebagai berikut:                 December 31, 2025 and 2024 are as follows:

                                                                           31 Desember 2025/December 31, 2025
                                                                    Jumlah             Persentase          Jumlah/ Total
                                                                    Saham/            Kepemilikan/
                                                                   Number of         Percentage of
                                                                    Shares              Ownership
                                                                                           %                    Rp

PT Reksa Puspita Karya                                                588,167,378                33.76                    294,084
PT Trijaya Putra Mulia                                                160,276,213                 9.20                     80,138
Masyarakat dengan Kepemilikan di bawah 5% /
 Public with Ownership below 5%                                       993,724,316                57.04                    496,862
Jumlah / Total                                                      1,742,167,907                  100                    871,084

                                                                         31 Desember 2024/December 31, 2024
                                                                   Jumlah            Persentase         Jumlah/ Total
                                                                   Saham/           Kepemilikan/
                                                                  Number of        Percentage of
                                                                   Shares             Ownership
                                                                                         %                   Rp
PT Reksa Puspita Karya                                               588,167,378                33.76                    294,084
PT Ciptadana Capital                                                 342,771,729                19.68                    171,386
PT Trijaya Putra Mulia                                               160,276,213                 9.20                     80,138
PT Sanggraha Nusa Raya                                               118,925,000                 6.83                     59,463
Masyarakat dengan Kepemilikan di bawah 5% /
 Public with Ownership below 5%                                       532,027,587               30.53                    266,013
Jumlah / Total                                                      1,742,167,907                 100                    871,084



                                              Pesetujuan unt50                                          Paraf/ Sign:
Page 286
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                          PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                        FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                       December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                       (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                            Foreign Currencies, Unless Otherwise Stated)

16. Tambahan Modal Disetor - Neto                                                            16. Additional Paid in Capital – Net

                                                  31 Des/                 31 Des/
                                                  Dec 31,                 Dec 31,
                                                   2025                    2024

Penawaran Umum Terbatas I dalam                                                                               Limited Public Offering in Connection
  Rangka Hak Memesan Efek Terlebih Dahulu                     6,750                    6,750                 with Pre-Emptive Rights Issuance I
Agio atas Pelaksanaan Waran Seri II                              81                       81           Premium from Exercise of Warrant Series II
Beban Emisi Saham                                          (10,460)                 (10,460)                                  Stock Issuance Costs
Jumlah Agio Saham - Neto                                    (3,629)                  (3,629)                            Total Share Premium - Net
Selisih Nilai Transaksi Restrukturisasi                                                          Difference in Value of Restructuring Transactions
  Entitas Sepengendali                                      (9,699)                  (9,699)                  of Entities under Common Control
Tambahan Modal Disetor atas Pengampunan Pajak                 5,125                    5,125                     Paid-in Capital from Tax Amnesty
Neto                                                        (8,203)                  (8,203)                                                   Net




17. Pendapatan                                                                                                             17. Revenues

                                                 31 Des/                  31 Des/
                                                 Dec 31,                  Dec 31,
                                                  2025                     2024

Infrastruktur                                                1,694                  17,194                                         Infrastructure
Konten dan Berita                                                --                 11,377                                    Content and News
Jasa Langganan untuk Internet dan                                                                              Subscription Fees for Internet and
   Layanan Komunikasi Data                                       --                      1                      Data Communication Services
Jumlah                                                       1,694                  28,572                                                  Total


Rincian   pendapatan     berdasarkan              hubungan            The details of revenue based on relationship of
pelanggan adalah sebagai berikut:                                     subscribers are as follows:

                                                 31 Des/                 31 Des/
                                                 Dec 31,                 Dec 31,
                                                  2025                    2024

Pihak Berelasi (Catatan 23)                                     --                  12,800                              Related Party (Note 23)
Pihak Ketiga                                                1,694                   15,772                                        Third Parties
Jumlah                                                      1,694                   28,572                                                Total


Tidak terdapat pendapatan individu yang melebihi                      There were no individual revenues which exceed
10% dari pendapatan masing-masing untuk tahun                         10% of revenues for the year ended December 31,
yang berakhir pada 31 Desember 2025. Sedangkan                        2025. While for the year ended December 31, 2024,
untuk      tahun     yang      berakhir   pada                        the individual sales which exceed 10% from total net
31 Desember 2024, penjualan yang melebihi 10%                         sales was sales to PT Tata Mandiri Daerah Lippo
dari jumlah penjualan bersih adalah penjualan                         Karawaci amounting to Rp12,800.
kepada PT Tata Mandiri Daerah Lippo Karawaci
sebesar Rp12.800.




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Page 287
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                   Foreign Currencies, Unless Otherwise Stated)

18. Beban Layanan                                                                             18. Cost of Services

                                          31 Des/               31 Des/
                                          Dec 31,               Dec 31,
                                           2025                  2024

Infrastruktur                                         632                  3,819                              Infrastructure
Perizinan                                               8                      --                     Permits and Licenses
Konten dan Berita                                       --                15,301                         Content and News
Beban Bandwidth dan Beban Terkait                                                                 Bandwidth Fees and Other
   Jasa Internet Lainnya                                --                     6                         Internet Access
Jumlah                                                640                 19,126                                       Total


Tidak terdapat pembelian individu yang melebihi 10%          There were no individual purchases which
dari pendapatan masing-masing untuk tahun-tahun              exceeded 10% of revenues for the years ended
yang berakhir pada 31 Desember 2025 dan 2024.                December 31, 2025 and 2024, respectively.


19. Beban Penjualan                                                                          19. Selling Expenses

                                          31 Des/               31 Des/
                                          Dec 31,               Dec 31,
Beban Penjualan                            2025                  2024                                      Selling Expenses

Gaji dan Kesejahteraan Karyawan                         --                 2,578             Salaries and Employee Benefits
Promosi                                                 --                   690                                 Promotion
Jumlah                                                  --                 3,268                                     Total




20. Beban Umum dan Administrasi                                           20. General and Administrative Expense

                                          31 Des/               31 Des/
                                          Dec 31,               Dec 31,
                                           2025                  2024

Honorarium Tenaga Ahli                              14,738                 3,060                            Professional Fees
Gaji dan Kesejahteraan Karyawan                      3,839                10,503            Salaries and Employee Benefits
Sewa                                                   483                   587                                         Rent
Listrik, Air dan Telepon                                41                   285            Electricity, Water and Telephone
Penyisihan (Pembalikan) atas Penurunan                                                                 Provision (Reversal) on
   Nilai Piutang Usaha                               (155)                 1,448         Impairment of Trade Receivables
Lain-lain                                            1,535                 1,446                                       Others
Jumlah                                              20,481                17,329                                         Total




21. Penghasilan Keuangan                                                                        21. Finance Income

Penghasilan   keuangan     terutama    merupakan             Finance income mainly consists of interest income
penghasilan bunga dari rekening bank dan deposito            from bank accounts and time deposits. For the
berjangka. Untuk tahun-tahun yang berakhir pada              years ended December 31, 2025 and 2024, the
31 Desember 2025 dan 2024, penghasilan keuangan              Group’s finance income amounting to Rp11,283 and
Grup masing-masing sebesar Rp11.283 dan                      Rp10,945, respectively.
Rp10.945.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                             Foreign Currencies, Unless Otherwise Stated)

22. Pendapatan (Beban) Lainnya                                                                                                                 22.Other Income (Expenses)

                                                                         31 Des/                          31 Des/
                                                                         Dec 31,                          Dec 31,
                                                                          2025                             2024
Pendapatan (Beban) Lainnya                                                                                                                                   Other Income (Expenses)
Pendapatan Dividen                                                                    10,376                         16,140                                               Dividend Income
Penjualan Brand                                                                                --                    74,000                                                      Brand Sale
Beban Pajak                                                                             (881)                        (5,680)                                                   Tax Expense
Lain-lain                                                                              4,097                       (10,914)                                                            Others
Jumlah                                                                                13,592                         73,546                                                              Total




23. Transaksi dan Saldo dengan Pihak                                                                                       23.      Transactions and Balances with
    Berelasi                                                                                                                                       Related Parties

Grup dalam kegiatan usaha normal, melakukan                                                         In its normal activities, the Group have transactions
transaksi dengan pihak-pihak berelasi.                                                              with related parties.

Entitas Anak                                                                                        Subsidiaries
Perincian Entitas Anak Perusahaan diungkapkan                                                       The details of Subsidiaries have been disclosed in
dalam Catatan 1.c.                                                                                  Note 1.c.

Kompensasi Manajemen Kunci                                                                          Key Management Compensation
Personil manajemen kunci Perusahaan adalah                                                          Key management personnel of the Company are
Dewan Komisaris dan Direksi yang dirinci pada                                                       Board of Comissioners and Directors as specified
Catatan 1.d. Gaji dan imbalan jangka pendek lainnya                                                 on Note 1.d. Salary and other short-term benefit
yang dibayar atau terutang pada manajemen kunci                                                     expense or payable to key management are as
adalah sebagai berikut:                                                                             follow:

                                                                         31 Des/                         31 Des/
                                                                         Dec 31,                         Dec 31,
                                                                          2025                            2024

Direksi                                                                                  800                             2,465                                              Directors
Dewan Komisaris                                                                          343                               261                                 Board of Commissioners
Jumlah                                                                                 1,143                             2,726                                                          Total


Transaksi Pihak Berelasi                                                                            Transactions with Related Parties
Rincian akun pihak berelasi adalah sebagai berikut:                                                 The details of the accounts and transactions with
                                                                                                    related parties are as follows:
                                                                   Jumlah/                               Persentase Terhadap Jumlah
                                                                    Total                                       Aset/Liabilitas
                                                                                                        Percentage of Total Respective
                                                                                                              Assets/Liabilities
                                                 31 Des/Dec 31 ,             31 Des/Dec 31 ,        31 Des/Dec 31 ,          31 Des/Dec 31 ,
                                                      2025                        2024                   2025                     2024

Kas dan Setara Kas (Catatan 3)                                                                                                                             Cash and Cash Equivalents (Note 3)
PT Bank Nationalnobu Tbk                                   239,205                     235,923                    4.40                    10.86                     PT Bank Nationalnobu Tbk

Aset Keuangan Tidak Lancar Lainnya (Catatan 8)                                                                                                      Other Non-Current Financial Assets (Note 8)
PT Multipolar Technology Tbk                              4,641,281                   1,376,021                 85.32                     63.36                   PT Multipolar Technology Tbk
Utang Usaha (Catatan 9)                                                                                                                                                Trade Payables (Note 9)
PT Multipolar Technology Tbk                                  3,207                       3,207                   0.22                     0.22                    PT Multipolar Technology Tbk
Lain-lain                                                     2,892                       2,785                   0.20                     0.19                                           Others
Jumlah                                                        6,099                       5,992                   0.42                     0.41                                            Total




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                 PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                              For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                              December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                              (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                   Foreign Currencies, Unless Otherwise Stated)
                                                          Jumlah/                                Persentase Terhadap Jumlah
                                                           Total                                   Pendapatan/Beban yang
                                                                                                        Bersangkutan/
                                                                                                Percentage of Total Respective
                                                                                                      Revenue/Expenses
                                        31 Des/Dec 31 ,             31 Des/Dec 31 ,         31 Des/Dec 31 ,          31 Des/Dec 31 ,
                                             2025                        2024                    2025                     2024

Pendapatan (Catatan 17):                                                                                                                                          Revenue (Note 17):
Jasa Pemeliharaan Infrastruktur                                                                                                                      Regional Network Infrastructure
Jaringan Kawasan                                                                                                                                                  Maitenance Service
PT Tata Mandiri Daerah Lippo Karawaci                     --                   12,800                       --                    44.80         PT Tata Mandiri Daerah Lippo Karawaci
Beban Umum dan Administrasi                                                                                                                     General and Administrative Expenses
Biaya Pengelolaan Administrasi Saham                                                                                                                     Shares Administration Fees
Lain-lain                                             108                         108                     0.53                     0.62                                       Others


Beban Asuransi                                                                                                                                                  Insurance Expenses
PT Lippo General Insurance Tbk                            8                           46                  0.04                     0.31               PT Lippo General Insurance Tbk



Hubungan dan sifat saldo akun/transaksi dengan                                             The relationship and nature of balances/
pihak berelasi sebagai berikut:                                                            transactions with related parties are described as
                                                                                           follows:

                 Pihak Berelasi/                               Hubungan dengan Perusahaan/                                                 Transaksi/
                 Related Parties                               Relationship with the Company                                              Transactions

PT Lippo General Insurance Tbk              Entitas Sepengendali/                                                        Asuransi Kesehatan/
                                            Entity Under Common Control                                                  Medical Insurance

PT Bank Nationalnobu Tbk                    Di bawah Kesamaan Pengendalian/                                              Kas dan Setara Kas/
                                            Under Common Control                                                         Cash and Cash Equivalent

PT Multipolar Technology Tbk                Entitas Sepengendali/                                                        Utang Usaha, Aset Keuangan Tidak Lancar Lainnya/
                                            Entity Under Common Control                                                  Trade Payables, Other Non-Current Financial Assets
PT Tata Mandiri Daerah Lippo Karawaci       Entitas Asosiasi atas Kelompok Usaha yang Sama/                              Pendapatan/ Revenue
                                            Associate Under the same Business Group



24. Aset dan Liabilitas Dalam Mata Uang Asing                                                    24. Assets and Liabilities in Foreign Currency

                                                                   31 Des 2025/ Dec 31, 2025
                                                           Mata Uang Asing/        Ekuivalen Rupiah/
                                                           Foreign Currency       Rupiah Equivalent

Aset                                                                                                                                                                  Assets
Kas dan Setara Kas                            USD                              1,188                        19,945                                Cash and Cash Equivalents
Aset Keuangan Lancar Lainnya                  USD                                  3                            50                             Other Current Financial Assets
Jumlah Aset                                                                                                 19,995                                               Total Assets

Liabilitas                                                                                                                                                          Liabilities
Utang Usaha                                   USD                            17,023                        285,682                                            Account Payables
Jumlah Liabilitas                                                                                          285,682                                              Total Liabilities
Jumlah Bersih                                                                                            (265,687)                                                        Total


                                                                   31 Des 2024/ Dec 31, 2024
                                                           Mata Uang Asing/        Ekuivalen Rupiah/
                                                           Foreign Currency       Rupiah Equivalent

Aset                                                                                                                                                                  Assets
Kas dan Setara Kas                            USD                             1,173                         18,953                                Cash and Cash Equivalents
Aset Keuangan Lancar Lainnya                  USD                                 3                             48                             Other Current Financial Assets
Jumlah Aset                                                                                                 19,001                                               Total Assets

Liabilitas                                                                                                                                                         Liabilities
Utang Usaha                                   USD                            16,940                        273,792                                           Account Payables
Jumlah Liabilitas                                                                                          273,792                                             Total Liabilities
Jumlah Bersih                                                                                            (254,791)                                                       Total




                                                               Pesetujuan unt54                                                                  Paraf/ Sign:
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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                            PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                         December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                         (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)              Foreign Currencies, Unless Otherwise Stated)

25. Gugatan Hukum                                                                           25. Litigation

(a) Pada tanggal 23 Agustus 2018, PT Internux          (a) On August 23, 2018, PT Internux (“PT I”) has
    (“PT I”) menerima surat panggilan sidang dalam         received summon letter in the case of
    perkara Penundaan Kewajiban Pembayaran                 Suspension of Debt Payment Obligation (PKPU)
    Utang (PKPU) dari Pengadilan Negeri/Niaga              from Central Jakarta District/Commercial Court,
    Jakarta Pusat, yang diajukan oleh PT Equasel           submitted by PT Equasel Selaras and
    Selaras dan PT Intiusaha Solusindo.                    PT Intiusaha Solusindo.

   Pada tanggal 17 September 2018 berdasarkan              On September 17, 2018, based on based on
   Putusan Majelis Hakim Pengadilan Niaga pada             Decision of Panel of Judges of the Commercial
   Pengadilan      Negeri    Jakarta     Pusat             Court of Central Jakarta District Court Decision
   No. 126/Pdt.Sus-PKPU/2018/PN/Niaga.Jkt.Spt,             No. 126/Pdt.Sus-PKPU/2018/PN/Niaga.Jkt.Spt
   PT I dinyatakan dalam kondisi PKPU                      PT I has been stated in the condition of
   Sementara.                                              Temporary PKPU.

   Pada tanggal 14 November 2018, Pengadilan               On November 14, 2018, Jakarta Commercial
   Niaga Jakarta pada Pengadilan Negeri Jakarta            Court in Central Jakarta District Court has
   Pusat      telah    mengesahkan     perjanjian          approve     the    reconciliation   agreement
   perdamaian (homologasi) antara PT I dengan              (homologation) between PT I with its creditors.
   para krediturnya. Dengan pengesahan perjanjian          With the approval of the reconciliation
   perdamaian tersebut, maka status Penundaan              agreement, the status of Suspension of Debt
   Kewajiban Pembayaran Utang (PKPU) telah                 Payment Obligation (PKPU) has ended.
   berakhir.

(b) Pada tanggal 17 November 2017, PT I telah          (b) On November 17, 2017, PT I has filed a lawsuit
    mengajukan gugatan perbuatan melawan hukum             regarding to the act that against the law in
    di Pengadilan Negeri Jakarta Pusat terhadap            Central Jakarta District Court to PT Huawei
    PT Huawei Tech Investment dengan nomor                 Tech     Investment     with    case    number
    perkara              625/Pdt.G/2017/PN.Jkt.Pst.        625/Pdt.G/2017/PN.Jkt.Pst. In regards to the
    Sehubungan dengan hal tersebut, pada tanggal           above matters, on April 10, 2018, Panel
    10 April 2018, Majelis Hakim Pengadilan Negeri         of Judges of Central Jakarta District Court has
    Jakarta Pusat telah mengeluarkan putusan sela          rendered an interlocutory decision that granted
    yang mengabulkan tuntutan provisi PT I                 the claim provision of PT I to PT Huawei Tech
    terhadap PT Huawei Tech Investment.                    Investment.

   Pada tanggal 7 Agustus 2018, Majelis Hakim              On August 7, 2018, Panel of Judges of Central
   Pengadilan Negeri Jakarta Pusat mengeluarkan            Jakarta District Court has rendered a decision
   putusan nomor 625/Pdt.G/2017/PN.Jkt.Pst yang            number 625/Pdt.G/2017/PN.Jkt.Pst stating that
   menyatakan bahwa gugatan yang diajukan oleh             the claim filed by PT I has been rejected
   PT I ditolak untuk seluruhnya.                          entirely.

   Pada tanggal 12 September 2018, PT I melalui            On September 12, 2018, PT I, through its
   kuasa hukumnya telah mengajukan memori                  attorney has filed an appeal towards the
   banding terhadap putusan Pengadilan Negeri              decision of Central Jakarta District Court
   Jakarta Pusat nomor 625/Pdt.G/2017/PN.Jkt.Pst           number     625/Pdt.G/2017/PN.Jkt.Pst     dated
   tanggal 7 Agustus 2018 dan kembali                      August 7, 2018 and filed cassation on May 29,
   mengajukan memori kasasi pada tanggal 29 Mei            2019. In regards to the above matters, on June
   2019. Sehubungan dengan hal tersebut, pada              2, 2020. Supreme Court of Republic Indonesia
   tanggal 2 Juni 2020, Mahkamah Agung Republik            has rendered the rejection of cassation
   Indonesia telah mengeluarkan putusan yang               application of PT I to PT Huawei Tech
   menolak permohonan kasasi dari PT I terhadap            Investment.
   PT Huawei Tech Investment.




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Page 291
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                              PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                           December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                           (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                Foreign Currencies, Unless Otherwise Stated)

(c) Pada bulan November 2018, PT I menerima           (c) On November 2018, PT I received notices that
    pemberitahuan bahwa PT Huawei Tech                    PT Huawei Tech Investment, PT Dayamitra
    Investment, PT Dayamitra Telekomunikasi, dan          Telekomunikasi, and Directorate General of
    Direktorat Jenderal Sumber Daya dan Perangkat         Resources and Post Equipment and Informatics
    Pos dan Informatika (Kementerian Komunikasi           (Ministry of Communication and Information of
    dan Informasi Republik Indonesia) mengajukan          Republic of Indonesia) had submitted appeal to
    permohonan kasasi atas putusan pengesahan             the verdict of homologation. Against the appeal,
    perjanjian perdamaian (homologasi). Terhadap          Supreme Court of Republic of Indonesia had
    permohonan kasasi tersebut, Mahkamah Agung            affirmed the verdict of homologation.
    Republik Indonesia mengukuhkan putusan
    pengesahan          perjanjian    perdamaian
    (homologasi).

   Pada tanggal 23 Agustus 2019, PT I telah                  On August 23, 2019, PT I had received notice
   menerima      pemberitahuan      permohonan               of appeal for review to Supreme Court of
   Peninjauan Kembali oleh Mahkamah Agung                    Republic of Indonesia from PT Dayamitra
   Republik   Indonesia   dari  PT    Dayamitra              Telekomunikasi against the verdict of
   Telekomunikasi terhadap putusan pengesahan                homologation, and PT I had submitted
   perjanjian perdamaian (homologasi), dan                   response against the appeal for review on
   selanjutnya PT I telah mengajukan kontra                  August 26, 2019. In regards to the above
   memori Peninjauan Kembali pada tanggal                    matters, on September 10, 2019, Supreme
   26 Agustus 2019. Sehubungan dengan hal                    Court of Republic Indonesia has denied the
   tersebut, pada tanggal 10 September 2019,                 judicial review requested by the appellant.
   Mahkamah Agung Republik Indonesia telah
   mengeluarkan     putusan    yang    menolak
   permohonan Peninjauan Kembali.


26. Informasi Segmen Operasi                                        26. Information of Operating Segments

Pembuat keputusan dalam operasional adalah                The chief operating decision-maker is the Director.
Direksi. Direksi melakukan penelaahan terhadap            The Director reviews the Group’s internal reporting
pelaporan internal Grup untuk menilai kinerja dan         in order to assess performance and allocate
mengalokasikan sumber daya.                               resources.

Sejak     Keputusan  Menteri  Komunikasi   dan            Since Decree of Minister of Communication and
Informatika dan menghentikan penggunaan pita              Informatics and ceased the utilization of the radio
frekuensi radio untuk Penyelenggaraan Jaringan            frequency band for Implementation of Local Fixed
Tetap Lokal Berbasis Packet Switched yang                 Network Packet Switched using 2.3 GHz Radio
Menggunakan Pita Frekuensi Radio 2,3 GHz untuk            Frequency Band for Wireless Broadband,
Keperluan Layanan Pita Lebar Nirkabel (Wireless           Management of the Group decide to manage the
Broadband), Manajemen Grup memutuskan untuk               assets and business centralized basis.
melakukan pengelolaan aset dan bisnis secara
terpusat.




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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                     PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                                  For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                                  December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                                  (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                       Foreign Currencies, Unless Otherwise Stated)

27. Aset Keuangan dan Liabilitas Keuangan                                                             27. Financial Assets and Financial Liabilities

                                                                       31 Desember 2025/ December 31, 2025
                                                                        Nilai Wajar
                                                                          Melalui
                                                                       Penghasilan              Nilai Wajar
                                                                    Komprehensif Lain/            Melalui
                                                  Biaya                 Fair Value              Laba Rugi/
                                                Perolehan             through Other             Fair Value
                                               Diamortisasi/         Comprehensive               through              Jumlah/
                                              Amortised Cost             Income                Profit or Loss          Total
Aset Keuangan                                                                                                                                                   Financial Assets
  Kas dan Setara Kas                                      254,792                        --                      --             254,792           Cash and Cash Equivalents
  Piutang Usaha                                               106                        --                      --                106                      Trade Receivables
  Aset Keuangan Lancar Lainnya                             52,073                        --                      --              52,073        Other Current Financial Assets
  Aset Keuangan Tidak Lancar Lainnya                          438              4,641,281                     15,587        4,657,306      Other Non-Current Financial Assets
Jumlah                                                    307,409              4,641,281                     15,587        4,964,277                                         Total

Liabilitas Keuangan                                                                                                                                         Financial Liabilities
  Utang Usaha                                          1,387,340                         --                      --        1,387,340                           Trade Payables
  Beban Akrual                                             27,272                        --                      --              27,272                     Accrued Expenses
  Utang Pajak                                                  15                        --                      --                 15                        Taxes Payables
  Liabilitas Keuangan Jangka Pendek Lainnya                12,309                        --                      --              12,309     Other Current Financial Liabilities
Jumlah                                                 1,426,936                         --                      --        1,426,936                                         Total



                                                                      31 Desember 2024/ December 31, 2024
                                                                        Nilai Wajar
                                                                         Melalui
                                                                       Penghasilan              Nilai Wajar
                                                                    Komprehensif Lain/            Melalui
                                                  Biaya                 Fair Value              Laba Rugi/
                                                Perolehan             through Other             Fair Value
                                               Diamortisasi/         Comprehensive               through              Jumlah/
                                              Amortised Cost             Income               Profit or Loss           Total
Aset Keuangan                                                                                                                                                  Financial Assets
  Kas dan Setara Kas                                      252,384                     --                         --            252,384           Cash and Cash Equivalents
  Piutang Usaha                                               426                     --                         --                426                     Trade Receivables
  Aset Keuangan Lancar Lainnya                             52,599                     --                         --             52,599        Other Current Financial Assets
  Aset Keuangan Tidak Lancar Lainnya                          438              1,376,021                    14,278         1,390,737      Other Non-Current Financial Assets
Jumlah                                                    305,847              1,376,021                    14,278         1,696,146                                        Total

Liabilitas Keuangan                                                                                                                                         Financial Liabilities
  Utang Usaha                                          1,377,443                      --                         --        1,377,443                          Trade Payables
  Beban Akrual                                             27,289                     --                         --             27,289                     Accrued Expenses
  Utang Pajak                                                  67                     --                         --                 67                        Taxes Payables
  Liabilitas Keuangan Jangka Pendek Lainnya                12,309                     --                         --             12,309      Other Current Financial Liabilities
Jumlah                                                 1,417,108                      --                         --        1,417,108                                        Total




28. Manajemen Risiko Keuangan dan Nilai                                                                       28. Financial Risks Management and Fair
    Wajar Instrumen Keuangan                                                                                              Value of Financial Instrument

Risiko keuangan utama yang dihadapi Grup adalah                                               The main financial risks facing the Group are credit
risiko kredit, risiko mata uang, risiko suku bunga dan                                        risk, currency risk, interest rate risk and liquidity risk.
risiko likuiditas. Melalui pendekatan manajemen                                               Through a risk management approach, the Group
risiko, Grup mencoba untuk meminimalkan potensi                                               has been trying to minimize the potential negative
dampak negatif dari risiko-risiko di atas.                                                    impact of the above risks.

(i) Risiko Kredit                                                                             (i) Credit Risk
Risiko kredit adalah risiko dimana salah satu pihak                                           Credit risk is the risk that one party of a financial
atas instrumen keuangan akan gagal memenuhi                                                   instrument will fail to meet its obligations and cause
liabilitasnya dan menyebabkan pihak lain mengalami                                            the other party suffered financial losses.
kerugian keuangan.

Instrumen keuangan Grup yang mempunyai potensi                                                The Group's financial instruments that have the
atas risiko kredit terdiri dari kas dan setara kas,                                           potential for credit risk consist of cash and cash
piutang usaha dan aset keuangan lancar lainnya,                                               equivalents, trade receivables, other current
piutang pihak berelasi non-usaha dan aset keuangan                                            financial assets, non-trade receivables from related
tidak lancar lainnya. Jumlah eksposur risiko kredit                                           parties and other non-current financial assets. Total

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PT FIRST MEDIA Tbk DAN ENTITAS ANAK                             PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                          December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                          (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)               Foreign Currencies, Unless Otherwise Stated)

maksimum sama dengan nilai tercatat atas akun-akun       maximum credit risk exposure is equal to the
tersebut. Eksposur risiko kredit maksimum pada           carrying value of these accounts. Total maximum
tanggal pelaporan adalah:                                credit risk exposure at reporting date are as follow:

                                           31 Des/         31 Des/
                                           Dec 31,         Dec 31,
                                            2025            2024

Kas dan Setara Kas                             254,792         252,384                   Cash and Cash Equivalents
Piutang Usaha                                      106             426                           Trade Receivables
Aset Keuangan Lancar Lainnya                    52,073          52,599                Other Current Financial Assets
Aset Keuangan Tidak Lancar Lainnya           4,657,306       1,390,737            Other Non-Current Financial Assets
Jumlah                                       4,964,277       1,696,146                                         Total


Untuk risiko kredit yang berhubungan dengan bank,        For credit risk associated with banks, only banks
hanya bank-bank dengan predikat baik yang dipilih.       with a good predicate are chosen. In addition, Group
Selain itu, kebijakan Grup adalah mengelola risiko       policy is manage and control this credit risk by
kredit dengan menetapkan batasan jumlah risiko yang      setting limits on the amount of risk they are willing to
dapat diterima untuk masing-masing pelanggan.            accept for respective customers.

(ii) Risiko Mata Uang                                    (ii) Currency Risk
Risiko mata uang adalah risiko fluktuasi nilai           Currency risk is the risk of fluctuations in the value
instrumen keuangan yang disebabkan perubahan nilai       of financial instruments due to changes in foreign
tukar mata uang asing.                                   currency exchange rates.

Grup    melakukan     transaksi-transaksi  dengan        The Group conducts transactions using foreign
menggunakan mata uang asing, diantaranya adalah          currencies, including the financing of working capital
belanja modal dan transaksi pinjaman Grup.               and Group’s loan. Thus, the Group shall convert the
Sehingga Grup harus mengkonversikan Rupiah ke            amount into foreign currency, such as US Dollars, to
mata uang asing, seperti Dolar Amerika, untuk            meet obligations denominated in foreign currencies
memenuhi kebutuhan liabilitas dalam mata uang            at maturity. Fluctuations in currency exchange rate
asing pada saat jatuh tempo. Fluktuasi nilai tukar       of Rupiah against the US Dollars may impact the
mata uang Rupiah terhadap mata uang Dolar Amerika        Group's financial condition.
dapat memberikan dampak pada kondisi keuangan
Grup.

Untuk tahun yang berakhir 31 Desember 2025, jika         For the year ended December 31, 2025, when there
terjadi penguatan nilai tukar mata uang Dolar Amerika    was a strengthening exchange rate of the US dollar
Serikat terhadap mata uang rupiah sebesar 5% pada        against the rupiah currency by 5% at the reporting
tanggal pelaporan, dan semua variabel lainnya            date, and all other variables held constant, then the
dianggap konstan, maka perubahan terhadap jumlah         changes to the Group's profit and loss was the
laba rugi Grup adalah kenaikan rugi sebesar              increase in net loss of Rp10,689.
Rp10.689.

Grup mengelola risiko mata uang dengan melakukan         The Group manages currency risk by conducting
pengawasan terhadap fluktuasi nilai tukar mata uang      surveillance of fluctuations in currency rates
secara terus menerus sehingga dapat melakukan            continuously so that it can perform the appropriate
tindakan yang tepat apabila diperlukan untuk             action as needed to reduce foreign currency risk.
mengurangi risiko mata uang asing.

(iii) Risiko Suku Bunga                                  (iii) Interest Rate Risk
Risiko suku bunga adalah risiko fluktuasi nilai          Interest rate risk is the risk of fluctuations in the
instrumen keuangan yang disebabkan perubahan             value of financial instruments due to the changes in
suku bunga pasar.                                        market interest rate.




                                        Pesetujuan unt58                                     Paraf/ Sign:
Page 294
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                                                      PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                                                                   For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                                                                   December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                                                                   (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                                                        Foreign Currencies, Unless Otherwise Stated)

Grup memiliki risiko suku bunga terutama karena                                                The Group exposures to interest rate risk mainly due
melakukan pinjaman menggunakan suku bunga                                                      to the loans using floating interest rate. The Group
mengambang.      Grup   melakukan      pengawasan                                              monitors the impact of interest rate movement to
terhadap dampak pergerakan suku bunga untuk                                                    minimize negative impact on the Group.
meminimalisasi dampak negatif terhadap Grup.
Untuk tahun yang berakhir 31 Desember 2025, jika                                               For the year ended December 31, 2025, if market
suku bunga pasar naik sebesar 50 basis poin dan                                                interest rates rise by 50 basis points and all other
semua variabel lainnya dianggap konstan, maka rugi                                             variables held constant, the net loss for the year
bersih tahun berjalan akan lebih rendah sebesar                                                would be lower amounting to Rp994.
Rp994.
(iv) Risiko Likuiditas                                                                         (iv) Liquidity Risk
Risiko Likuiditas adalah risiko dimana suatu entitas                                           Liquidity risk is the risk where an entity faces
menghadapi kesulitan dalam memenuhi kewajiban                                                  difficulty in meeting obligations associated with
terkait    dengan      liabilitas keuangannya yang                                             financial liabilities which is settled by delivery of
diselesaikan dengan penyerahan kas atau aset                                                   cash or other financial assets.
keuangan lainnya.
Dibawah ini ringkasan profil jatuh tempo liabilitas                                            Below is a summary of the maturity profile of the
keuangan Grup:                                                                                 Group’s financial liabilities:
                                                Nilai Tercatat/       Arus Kas Aktual/           < = 1 Tahun/             > 1 Tahun/
                                               Carrying Amount        Actual Cash Flow            < = 1 Year               > 1 Year

31 Desember 2025                                                                                                                                              December 31, 2025
Utang Usaha                                             1,387,340                  1,387,340            1,387,340                         --                       Trade Payables
Beban Akrual                                               27,272                     27,272               27,272                         --                    Accrued Expenses
Utang pajak                                                    15                         15                   15                         --                         Tax Payables
Liabilitas Keuangan Jangka Pendek Lainnya                  12,309                     12,309               12,309                         --      Other Current Financial Liabilities
Jumlah                                                  1,426,936                  1,426,936            1,426,936                         --                                  Total

31 Desember 2024                                                                                                                                              December 31, 2024
Utang Usaha                                             1,377,443                  1,377,443            1,377,443                         --                       Trade Payables
Beban Akrual                                               27,289                     27,289               27,289                         --                    Accrued Expenses
Utang pajak                                                    67                         67                   67                         --                         Tax Payables
Liabilitas Keuangan Jangka Pendek Lainnya                  12,309                     12,309               12,309                         --      Other Current Financial Liabilities
Jumlah                                                  1,417,108                  1,417,108            1,417,108                         --                                  Total


Grup        mengelola risiko   likuiditas  dengan                                              The Group manage their liquidity risk by maintaining
mempertahankan kas dan surat berharga yang                                                     sufficient cash securities so the Group are able to
mencukupi untuk memungkinkan Grup dalam                                                        meet their commitment for the Group normal
memenuhi komitmen Grup untuk operasi normal                                                    operation. Other than that, the Group are also
Grup. Selain itu Grup juga melakukan pengawasan                                                continuously keep watch the projection and actual
proyeksi dan arus kas aktual secara terus menerus                                              cash flow and the due date of financial assets and
serta pengawasan tanggal jatuh tempo aset dan                                                  liabilities.
liabilitas keuangan.
Nilai Wajar Instrumen Keuangan                                                                 Fair Value of Financial Instruments
Nilai wajar dari pinjaman jangka panjang dinilai                                               Fair value of long-term loans are estimated using
menggunakan discounted cash flow berdasarkan                                                   discounted cash flow based on effective interest rate
tingkat suku efektif terakhir yang berlaku untuk                                               charged by the lenders for the last utilization.
masing-masing pinjaman yang diutilisasi.
                                                       31 Des 2025/ Dec 31, 2025                      31 Des 2024/ Dec 31, 2024
                                                 Nilai Tercatat/          Nilai Wajar/          Nilai Tercatat/          Nilai Wajar/
                                                Carrying Amount           Fair Value           Carrying Amount           Fair Value

Aset Keuangan                                                                                                                                                     Financial Assets
  Kas dan Setara Kas                                       254,792                   254,792              252,384                   252,384           Cash and Cash Equivalents
  Piutang Usaha                                                106                       106                  426                       426                    Trade Receivable
  Aset Keuangan Lancar Lainnya                              52,073                    52,073               52,599                    52,599        Other Current Financial Assets
  Aset Keuangan Tidak Lancar Lainnya                     4,657,306                 4,657,306            1,390,737                 1,390,737    Other Non Current Financial Assets
Jumlah                                                   4,964,277                 4,964,277            1,696,146                 1,696,146                                   Total

Liabilitas Keuangan                                                                                                                                             Financial Liabilities
   Utang Usaha                                           1,387,340                 1,387,340            1,377,443                 1,377,443                       Trade Payables
   Beban Akrual                                             27,272                    27,272               27,289                    27,289                    Accrued Expenses
   Utang Pajak                                                  15                        15                   67                        67                       Taxes Payables
   Liabilitas Keuangan Jangka Pendek Lainnya                12,309                    12,309               12,309                    12,309      Other Current Financial Liabilities
Jumlah                                                   1,426,936                 1,426,936            1,417,108                 1,417,108                                       Total



                                                                     Pesetujuan unt59                                                            Paraf/ Sign:
Page 295
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                           PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                        December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                        (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)             Foreign Currencies, Unless Otherwise Stated)

Pada 31 Desember 2025 dan 2024, manajemen              As of December 31, 2025 and 2024, management
memperkirakan bahwa nilai tercatat aset lancar dan     estimates that the carrying value of current assets
liabilitas keuangan jangka pendek dan yang jatuh       and financial liabilities and which maturity is not
temponya tidak ditentukan telah mencerminkan nilai     specified has reflect its fair value.
wajarnya.

Hierarki nilai wajar untuk aset keuangan yang          Fair value hierarchy for financial assets recorded
diukur melalui FVTOCI sebesar Rp4.641.281 per          using FVTOCI amounting            to Rp4,641,281
31 Desember 2025 dan sebesar Rp1.376.021 per           as of December 31, 2025 and Rp1,376,021 as of
31 Desember 2024 pada hierarki tingkat 1.              December 31, 2024 at the hierarchy level 1.


29. Pengelolaan Permodalan                                                         29. Capital Management

Tujuan utama Grup dalam hal pengelolaan modal          The Group's main objectives in managing capital
adalah mengoptimalisasi saldo utang dan ekuitas        are to optimize the balance of debt and equity in
Grup dalam rangka mempertahankan perkembangan          order to maintain the Group's future business
bisnis di masa depan dan memaksimalkan nilai           growth and maximize shareholder value. The Group
pemegang saham. Grup mengelola struktur modal          manages its capital structure and makes
dan membuat penyesuaian yang diperlukan dengan         adjustments necessary by considering the changes
memperhatikan perubahan kondisi ekonomi dan            in economic conditions and the Group's strategic
tujuan strategis Grup.                                 objectives.

Untuk menjaga dan menyesuaikan struktur modal,         To maintain and adjust the capital structure, the
Grup mungkin menerbitkan saham baru, memperoleh        Group may issue new shares, obtain new loans or
pinjaman baru atau melakukan pelunasan pinjaman.       repay loans.


30. Rencana Manajemen dalam Mempertahankan                     30. Management’s Plan to Continue as a
    Kelangsungan Usaha dan Meningkatkan                      Going Concern and Improves Performance
    Kinerjanya

Laporan keuangan konsolidasian ini disusun dengan      The consolidated financial statements have been
asumsi bahwa Grup akan terus beroperasi sebagai        prepares under assumption that the Group will
entitas yang mampu untuk mempertahankan                continue to operate as an entity capable of
kelangsungan usahanya. Untuk tahun yang berakhir       maintaining its going concern. For the year ended
pada 31 Desember 2025, Grup membukukan laba            December 31, 2025, the Group recorded a
komprehensif sebesar Rp3.259.683 dan ekuitas           comprehensive income of Rp3,259,683 and equity
sebesar Rp3.998.152, setelah sebelumnya mencatat       of Rp3,998,152, after           previously reporting
rugi komprehensif dan mengalami defisiensi modal       comprehensive losses and experiencing capital
selama beberapa tahun terakhir. Selain itu, total      defifiencies over the pasr several years. In addition,
liabilitas lancar Grup melebihi total aset lancarnya   the Group’s total current liabilities exceeded its total
sebesar Rp1.107.156. Dalam beberapa tahun              current assets by Rp1,107,156. In recent years, the
terakhir, Grup juga mengalami arus kas operasi yang    Group has also experiences negative operating
negatif. Grup telah mempersiapkan rencana usaha        cash flows. The Group has prepared a business
untuk tahun-tahun mendatang guna mempertahankan        plan for the coming years to sustain its going
kelangsungan usahanya sebagai berikut:                 concern as follows:
• Grup senantiasa mencari peluang investasi;           • The Group constantly seeks investment
                                                          opportunities;
• Grup senantiasa melakukan identifikasi perubahan     • The Group continuously identifies changes in
  dalam kondisi pasar atau industri yang dapat            market or industry conditions that may affect the
  mempengaruhi kinerja Grup; dan                          Group’s performance; and
• Secara aktif meningkatkan efisiensi dalam biaya      • Actively pursue efficiencies in operating costs to
  operasi dalam rangka memperbaiki arus kas,              improve cash flows, ensure liquidity and
  memastikan likuiditas dan modal kerja Grup              sufficient working capital for the Group.
  cukup.

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Page 296
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                               PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                            December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                            (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                 Foreign Currencies, Unless Otherwise Stated)

31. Laba (Rugi) Per Saham                                                         31. Earning (Loss) Per Share

Laba per saham dihitung dengan membagi laba (rugi)         Earnings per share is calculated by dividing income
yang diatribusikan kepada pemilik entitas induk            (loss) attributable to the owners of the parent by the
dengan jumlah rata-rata tertimbang saham yang              weighted average number of ordinary shares
beredar pada periode bersangkutan:                         outstanding during the period:

                                         31 Des/               31 Des/
                                         Dec 31,               Dec 31,
                                          2025                  2024

Laba (Rugi) Per Saham                                                                              Income (Loss) Per Share
  Laba (Rugi) yang Diatribusikan                                                         Income (Loss) Attributable to the
    kepada Pemilik Entitas Induk                                                     Equity Holders of the Parent Entity
    (Jutaan Rupiah)                              (1,041)               63,496                         (in Million Rupiah)
  Jumlah Rata-Rata Tertimbang             1,742,167,907         1,742,167,907                            Weighted Average
  Laba (Rugi) Per Saham Dasar                                                              Basic Income (Loss) Per Share
    (Dalam Rupiah Penuh)                             (1)                  36                             (In Full Rupiah)




32. Standar Akuntansi dan Interpretasi Standar                               32. New Accounting Standard and
    yang Telah Disahkan Namun Belum Berlaku                               Interpretation of Standard which Has
    Efektif                                                                        Issued but Not Yet Effective

Amendemen dan penyesuaian tahunan atas standar             Amendments to standards which are effective for
yang berlaku efektif untuk periode yang dimulai pada       periods beginning on or after January 1, 2026, with
atau setelah 1 Januari 2026, dengan penerapan dini         early adoption are as follows:
diperkenankan yaitu:
• Amendemen PSAK 109: Instrumen Keuangan dan               • Amendments PSAK 109 and PSAK 107
   PSAK 107: Instrumen Keuangan: Pengungkapan                regarding Classification and Measurement of
   tentang Klasifiaksi dan Pengukuran Instrumen              Financial Instruments;
   Keuangan;
• Penyesuaian Tahunan PSAK 107, PSAK 109,                  • Annual Improvements on PSAK 107, PSAK 109,
   PSAK 110, dan PSAK 207; dan                               PSAK 110, and PSAK 207; and
• Revisi PSAK 338: Kombinasi Bisnis Entitas                • Revised PSAK 338: Business Combination of
   Sepengendali      terkait  ruang   lingkup    dan         Entity Under Common Control regarding the
   penerapan metode penyatuan kepemilikan.                   scope and application of the method of pooling
                                                             of interest.

Standar baru dan amandemen yang berlaku efektif            New and amendment of standards which are
untuk periode yang dimulai pada atau setelah               effective for periods beginning on or after
1    Januari    2027,   dengan      penerapan dini         January 1, 2027, with early adoption permitted, are
diperkenankan yaitu:                                       as follows:
• PSAK 118: Penyajian dan Pengungkapan dalam               • PSAK 118: Presentation and Disclosure in
   Laporan Keuangan;                                           Financial Statements;
• PSAK 119: Entitas Anak tanpa Akuntabilitas               • PSAK 119: Subsidiaries without Public
   Publik: Pengungkapan;                                       Accountantbility: Disclosures;
• Amandemen PSAK 119;                                      • Amemdment PSAK 119;
• PSAK 401: Penyajian dan Pengungkapan dalam               • PSAK 401: Presentation and Disclosure in
   Laporan Keuangan Syariah                                    Sharia Financial Statements;
• PSAK 403: Komponen Laporan Keuangan Entitas              • PSAK 403: Components of Financial reports of
   Syariah yang Menerapkan SAK Indonesia untuk                 Sharia Entities that Apply Indonesian SAK for
   Entitas Privat dan SAK Indonesia untuk Entitas              Private Entities and Indonesian SAK for Micro,
   Mikro, Kecil dan Menengah;                                  Small, and Medium Entities;
• PSAK 413: Penurunan Nilai; dan                           • PSAK 413: Impairment; and
• PSAK 414: Penurunan Nilai Aset Keuangan                  • PSAK 414: Impairment of Sharia Financial
   Syariah bagi Entitas yang Menerapkan SAK                    Assets for Entities Implementing Indonesian
   Indonesia untuk Entitas Privat (SAK EP).                    SAK for Private Entities (SAK EP).

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Page 297
PT FIRST MEDIA Tbk DAN ENTITAS ANAK                                PT FIRST MEDIA Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2025 dan 2024                                             December 31, 2025 and 2024
(Dinyatakan dalam Jutaan Rupiah dan                             (Expressed in Millions of Rupiah and Thousands
Ribuan Mata Uang Asing, Kecuali Dinyatakan Lain)                  Foreign Currencies, Unless Otherwise Stated)

Hingga tanggal laporan keuangan konsolidasian ini           Until the date of the consolidated financial
diotorisasi, Grup masih melakukan evaluasi atas             statements being authorized, the Group is still
dampak potensial dari penerapan standar baru dan            evaluating the potential impact of the adoption of
Amandemen standar tersebut.                                 new standards and amendments of these
                                                            standards.


33. Tanggung Jawab Manajemen dan                                         33. Management Responsibility and
    Penerbitan Laporan Keuangan                                                Issuance of the Consolidated
    Konsolidasian                                                                     Financial Statements

Manajemen Grup bertanggung jawab terhadap                   The Group's management is responsible for the
penyusunan dan penyajian laporan keuangan                   preparation and presentation of consolidated
konsolidasian. Laporan keuangan konsolidasian               financial statements. The consolidated financial
PT First Media Tbk dan Entitas Anak diotorisasi             statements of PT First Media Tbk and Subsidiaries
untuk terbit oleh Direksi pada tanggal 26 Maret 2026.       are authorized for publication by the Directors on
                                                            March 26, 2026.


                                               Disetujui Oleh/
                                               Approved by:



                 Presiden Direktur/                                            Direktur/
                 President Director                                            Director




                                         Pesetujuan unt62                                  Paraf/ Sign:
Page 298

          

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Names mentioned 141 people and organisations named in the text · linked when the evidence is strong

linked org PT Reksa Puspita Karya p.15 ×75
linked org PT Trijaya Putra Mulia p.15 ×45
linked org PT Sanggraha Nusa Raya p.15 ×13
linked org Inti Anugerah p.16 ×11
linked org Dana Pensiun p.16 ×2
linked person Amir Abadi Jusuf p.22 ×7
linked org Link Net Tbk p.25 ×10
linked org Axiata Investments p.27
linked org XL Axiata Tbk. p.27 ×4
linked org PT Lippo Cikarang Tbk · Director p.50 ×5
linked org Matahari Putra Prima Tbk p.50 ×10
linked org Lippo General Insurance Tbk p.50 ×9
linked org Multi Prima Sejahtera Tbk · Komisaris Independen p.50 ×4
linked org Multipolar Technology Tbk p.50 ×18
linked org Lenox Pasifik Investama Tbk p.50 ×3
linked org Star Pacific Tbk. p.50 ×5
linked person Harianda Noerlan · Presiden Direktur p.52 ×23
linked org PT Pindo Deli p.56
linked org Mitrabahtera Segara Sejati Tbk p.57 ×3
linked org PT Patin Resources p.57
linked org Bank Nationalnobu Tbk p.94 ×5
linked org Lippo Karawaci p.95
linked person Teguh Pudjowigoro · Komisaris Independen p.118 ×5
possible org First Media Tbk p.1 ×260
possible org Bursa Efek Indonesia p.4 ×2
possible org Multipolar Tbk p.16 ×2
possible org Pemerintah Republik Indonesia p.22
possible org PT Tanjung p.24
possible person Dr. Irawan Soerodjo S.H. · Notaris p.34 ×3
possible org Otoritas Jasa Keuangan p.90 ×3
unresolved org Indonesia Stock Exchange p.4 ×3
unresolved org PT Inti Anugerah Pratama p.16 ×10
unresolved org PT Reksa Puspita p.16
unresolved org PT Trijaya p.16
unresolved org PT Inti Anugerah Pratama. The Ultimate Beneficial Owner p.16
unresolved org Perusahaan Asuransi Local p.16
unresolved org Local p.17
unresolved org • PT Reksa Puspita Karya p.21
unresolved — • PT Trijaya Putra Mulia p.21
unresolved — Telekomunikasi dengan Kabel p.21
unresolved org Mawar & Rekan p.22 ×2
unresolved org PT Sharestar Indonesia p.22 ×2
unresolved person NOTARY NOTARIS Andalia Farida p.23 ×4
unresolved org PT Safira Ananda p.24
unresolved org PT Sa p.24
unresolved org Menteri Kehakiman Republik p.24
unresolved org Minister of Justice p.24 ×2
unresolved org PT Tanjung Bangun Semesta p.24
unresolved org Menteri Kehakiman p.24
unresolved org PT Broadband Multimedia p.24 ×5
unresolved org Menteri Hukum dan Perundang- p.24
unresolved org Minister of Law p.24 ×2
unresolved org Media Tbk p.24 ×4
unresolved org Kementerian p.25
unresolved org Kementerian Hukum dan Hak Asasi Manusia p.25
unresolved org Ministry of Law and Human AHU-AH. p.25
unresolved org Kementerian Hukum dan Hak Asasi Manusia Republik p.25 ×2
unresolved org Ministry of Law and Human Indonesia p.25
unresolved person Poerbaningsih Adi Warsito S.H. · Notaris p.30 ×3
unresolved person Warsito S.H. · Notaris p.30
unresolved org Ministry of Hukum dan Hak Asasi Manusia Republik Indonesia p.30
unresolved org AcrossAsia Ltd p.30 ×15
unresolved person Lindasari S.H. · Notaris p.32
unresolved person Lindasari Bachroem S.H. · Notaris p.32 ×4
unresolved org Ministry of Law and Human Rights p.33 ×2
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik p.34
unresolved org Minister of Law and Human p.34
unresolved person Rini Yulianti · Notaris p.36
unresolved person Yulianti p.36
unresolved org Departemen Hukum dan Hak Asasi p.36
unresolved org PT Inti Anugrah p.37
unresolved org PT Inti Anugrah Propertindo Propertindo p.37
unresolved org PT Inti Anugrah Propertindo p.37 ×2
unresolved org PT BINTANG MERAH PERKASA ABADI p.44
unresolved org PT PRIMA WIRA UTAMA p.44 ×2
unresolved org DAYA SARANA Tbk p.44 ×2
unresolved org PT GRAHA INVESTAMA ANDALAN TERPADU p.44
unresolved org PT MITRA MANDIRI MANTAP p.44 ×2
unresolved org Pendirian & Bidang · Nama Perusahaan p.45 ×2
unresolved org PT Bintang Merah p.45
unresolved org PT Daya Sarana Mantap p.45
unresolved org PT Graha Investama p.46
unresolved person Notary Andalia Farida · Notaris p.50 ×17
unresolved org Bist Industrial Corporation p.50 ×2
unresolved org PT Lippo General p.50
unresolved org Insurance Tbk p.50 ×2
unresolved person Notary Andalia Andalia Farida · Notaris p.52 ×4
unresolved person Farida p.52 ×20
unresolved org Bank Niaga Tbk. p.52 ×4
unresolved org Penyehatan Perbankan Nasional p.52
unresolved org Bank Restructuring Agency p.52
unresolved org Bank Restructuring p.52
unresolved org Bank Lippo Tbk p.52 ×2
unresolved org Lippo Tbk p.52
unresolved person Notary Unita C. Winata · Notaris p.53
unresolved person South Winata p.53
unresolved org PT Sopanusa Paper Mill p.53 ×2
unresolved org PT Tjakrindo Mas Steel Industry p.53 ×2
unresolved org PT Plasma Plastic Industry p.53 ×2
unresolved org PT Indonesia Performing Arts p.53 ×2
unresolved org PT Melodia. Manager p.53
unresolved org PT Melodia. He p.53
unresolved org PT Indomarco Prismatama p.54
unresolved org PT Link Department Head. Selanjutnya p.54
unresolved org Net Tbk p.54
unresolved org PT Wahana Garuda Lestari p.56 ×2
unresolved org PT Liberty p.56
unresolved org PT Liberty Bekasi p.56
unresolved org PT Domusindo Perdana p.56 ×2
unresolved org PT Indah Kiat Pulp p.56 ×2
unresolved org PT Pindo Pulp p.56
unresolved org PT Borneo Indo Bara p.56 ×2
unresolved org PT Keong Nusantara Abadi p.56 ×2
unresolved org PT Aldiracita Sekuritas Indonesia p.56 ×2
unresolved org PT Andalan Satria Cemerlang. p.56
unresolved org Kantor Akuntan Publik Siddharta p.57
unresolved org Paper Co. Ltd p.57 ×2
unresolved org Across Asia Limited p.57
unresolved org Asia Limited p.57
unresolved org PT Central Reporting p.57
unresolved org Central Proteinaprima Tbk p.57 ×2
unresolved org Proteinaprima Tbk p.57
unresolved org PT Patin Group p.57
unresolved person Ganesh Chander Bapak Ganesh Chander Grover p.63 ×10
unresolved org Bank Indonesia p.72 ×2
unresolved org Pusat Statistik p.74 ×2
unresolved org Financial Services Authority p.90 ×3
unresolved org Pengawas Pasar Modal p.91
unresolved org Bapepam-LK p.91 ×8
unresolved org PT Tata Mandiri Daerah Lippo p.94
unresolved org PT Tata Mandiri Daerah Lippo Karawaci p.95
unresolved org Kantor Akuntan Publik Amir Abadi Jusuf p.106 ×2
unresolved org Mawar dan Rekan p.106 ×2
unresolved — M.H., Notary in p.106 ×3
unresolved person Ganesh p.109 ×2
unresolved person Widjaya Hambali Statement · Komisaris Independen p.109 ×22
unresolved person Johannes Tong General · Direktur p.109 ×15
unresolved person Rusbianto Wijaya Meeting · Direktur p.109 ×14
unresolved person Ganesh Chander Grover Independent p.110
unresolved org Menteri Hukum dan Hak Asasi p.112
unresolved person Rusbianto Wijaya This p.118

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